Tuesday, August 25, 2020

Peter Pan Alice In Wonderland Essays

Diminish Pan Alice In Wonderland Essays Diminish Pan Alice In Wonderland Paper Diminish Pan Alice In Wonderland Paper Article Topic: Alice in Wonderland Lices Adventures in Wonderland Through the Looking Glass: Critique In Lewis Carols epic Lices Adventures in Wonderland Through the Looking Glass, the principle character Alice transports into an unfathomable and captivating world dissimilar to some other. It has a curve on rationale and wrecks with your psyche, while taking grown-ups back to their youth of creative mind and innovativeness. Not long after Alice gets to this bonkers and lopsided world she meets numerous weird animals: A white bunny who claims he is late for who realizes what, a Caterpillar smoking a hookah, a Cheshire feline that goes back and forth sporadically, the March Hare, the Mad Hatter, and an extremely worn out dormouse that will in general nod off intermittently. Alice befriends these remarkable characters and appreciates some short undertakings with them. Alice not long after meets the King and Queen. The Queen, who is hard to kindly shrieks her trademark expression Off with his head! which she impacted at the smallest disappointment with a subject. Later on Alice is in court as an observer, however disappoints the King and Queen by not obeying orders. The Queen yells her well-now line Off with her head! Furthermore, the playing a card game are sent to assault. At that point Alice is awoken by her sister for tea. It was every one of the a fantasy, yet it felt so genuine? This book makes us think, envision, and have faith in distraught and insane thoughts. Uniform altogether bonkers, yet let me reveal to you a mystery: All the best individuals are. Diminish Pan: Critique Peter P an is a notable and adored story composed by J. M. Hindrance to recount an awesome existence where you never grow up! Appears as though the ideal spot right? Well that is the thing that Wendy, John, and Michael thought when the knew about this otherworldly spot. Diminish baits them out and encourages them to fly over the London sky. He lets them know, Second on your right side, and straight on till morning! When they arrive, the three kids meet the Lost Boys who have been there for endless years. Everybody has a pleasant time and sees numerous superb things. Before long however that engaging time is put to a stop when the Lost Boys and Wendy siblings are taken by Indians. While this occurs, Wendy is taken by the eager and awful privateer Captain Hook. The following parts included duplicity and fraud. Diminish and Hook have a fight and free the Lost Boys, Wendy, John, and Michael. Dwindle becomes skipper of the boat and takes the Darlings home. Diminish Pan has and will consistently be a blend of undertakings and dream. For grown-ups it informs them concerning the inescapable loss of youth. It appears there will consistently be a battle between yourself: Your childhood (Peter Pan) and your dimness (Captain Hook). Try not to underestimate your adolescence, esteem each second and in the event that you are past that, ensure everyone around you do as such. Diminish Pan Alice In Wonderland By team promoter

Saturday, August 22, 2020

Philosophy 4 Assignment Example | Topics and Well Written Essays - 250 words

Theory 4 - Assignment Example Descartes’ mind-body duality is useful to people who need to encounter their brains expressly and extraordinarily as a thing with a cognizant (Descartes 32). I think this idea additionally covertly permits these people to encounter their psyches and bodies contrarily. This implies when these individuals can't recognize their psyches and bodies, they become lost. I differ that people are included brain and body as isolated elements. On the off chance that individuals had two elements, they would need to delineate this expansion and demonstrate that they counteract one another, which they don't. As a philosophical methodology, wariness attempts to render questionable individuals from a gathering of suggestions that people believe are inside our comprehension. Incredulity can be viewed as a solid suit through rationale and observational proof. Wariness considers the cognizance of rationale and exact proof in the scholarly community today. The powerless purpose of suspicion logically is questions towards anyone’s thought or articulations without analysis or confirmation, in any event, when this individual is in actuality right. All out basic is the statement of moral law as inevitably actualized by rationale and dutifulness from plain regard for rationale (Kant 18). For instance, I was once stuck at a red light known for staying red for preposterously significant stretches. I was late for class and there was no other vehicle or person on foot going across both of the streets. I needed to run the red light, which choice into an ethical law inferring that I was OK with each driver running extremely red lights when they are late for

Monday, August 3, 2020

My First Visit

My First Visit I realize that some of my readers may not have had the opportunity to visit MIT yet. They may never walk the tunnels before they decide to apply. A brave few will not even be able to visit until they set foot on campus as a freshman. While reading these blogs is a great alternative, it certainly cannot substitute for the real experience of being on MITs campus. So the story that follows is about my first visit to the Massachusetts Institute of Technology. The context of my trip: New York City is a few hours away from MIT by road. My family has limited funds and no car, so I was very lucky to find out that my high school sponsors college trips for juniors. So I coughed up some cash and shuttled between nine different colleges in the Northeast over three days. At the time, I was fairly undecided in which colleges I wanted to apply to. All I wanted to do was get far away from home. They told us they splash acid over the buildings to corrode them and make them look older. / THIS IS NOT MIT. February 5th, 2005. My mind was still raving about the previous day, when I realized Yales campus was full of ugly old buildings (see above) and SO MUCH SLUSH. Now I was in the State of Massachusetts for the first time. A inch or two of snow still covered the ground. Our bus pulled up directly to 77 Massachusetts Avenue. A giant staircase and columns!Admissions herded us into some classroom where we got the spiel. Then off to the tour! We started in Lobby 7. Walking down the long hallway called the Infinite Corridor which comprises many of MITs classroom buildings, the first door to the right is a mens bathroom. My friends Steven and Brendan asked if I could wait for them, so I kept watch on our tour as it quickly made its way down the hall. The group quickly became a meandering blob. Five to ten minutes later, the boys came out of the bathroom. Wheres the tour? I dont know You were supposed to keep watch! I WAS. We walked around but found no one from our group. I wanted to cry. MIT seemed like a cool place and all but were *lost*! This was before I ever had a cell phone. Luckily, the boys used their cell phone networking magic to track down other people on the tour, and some long time later we rejoined the tour. Here are some random photos to prove it! []Part of West Campus, featuring the undergraduate dorms McCormick and Baker (left and right), with female graduate housing in the center thats now undergraduate sorority housing. This shot of a sculpture in Barker Library (thats the main engineering library) looks very cool, though weird for a *library*.. []Classic picture of the great dome from Killian Court. Inside of one of the athletics buildings.That night we stayed at the Marriott Hotel on MITs campus. We were given some free time before our curfew at 11PM, so just for fun we went back to MIT! At the Student Center we bought candy and played video games. I showed off my pool and air hockey skills and we all had a great time. My two guy friends who got lost in the bathroom are hard at work.So my visit happened to be awesome, although the more awesome bits happened outside the tour. All the while, I saw lots of random little things around campus that made me very happy and I suppose pushed me to apply. Here is my favorite picture from this whole weekend:

Saturday, May 23, 2020

Description Of Group s Content - 1384 Words

Description of Group’s Content The group attended was an educational group meeting where the participants in attendance were all adults. The adult participants in this meeting varied in ages, with the majority of them being between the ages of twenty-three and forty. Therefore, it can be concluded, the meeting was not intended to be age restricted. In this meeting, there were a total of thirty participants; twenty-nine of the participants being of African-American decent and one being of Caucasian decent. Seating arrangements were left up to participants, therefore, they were able to decide where they wanted to sit on their own. The location of this group meeting took place at Top Notch BBQ restaurant, where table booths are located on the opposite side of the restaurant’s main entrance. There were ten adults who chose to sit at the table booths during the meeting. Then there were high tables with high chairs located on the same side of the restaurant as the restaurantà ¢â‚¬â„¢s main entrance. A total of fifteen adults chose to sit in this area of the restaurant. Lastly, there were a total of five adults who chose to sit at tables in between the high tables and table booths. These tables can be considered to be regular eating tables, and were located in the middle of the restaurant. The agenda of the group meeting was time restricted; spending only an hour on each group discussion topic. The first thing on the agenda was for group leaders to explain their purpose of having theShow MoreRelatedSearch Engine Optimization ( Seo )1323 Words   |  6 Pagesthe procedure of influencing the visibility of a site or a website page in an internet search engine s unpaid results - regularly alluded to as natural, organic, or earned results. When all is said in done, the prior (or higher positioned on the list items page), and all the more much of the time a site shows up in the query items list, the more guests it will get from the web crawler s users. SEO may target different kinds of search, including image search, local search, video search, academicRead MoreContent Analysis Notes (for Revision)1422 Words   |  6 PagesContent Analysis Warning: The information below is only for revision purposes to get a better understanding on the description and application of content analysis. Not to be referenced (hence no references are provided) in any coursework as information is taken from a number of other sites with some being of questionable viewpoints. 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Monday, May 11, 2020

Roman Republic And The Instigation Of The Roman Empire

Born in 100 BC by most accounts, Julius Caesar was a key figure in the Roman Republic and the instigation of the Roman Empire. By this time, Rome was the largest city in the world, with almost half a million citizens residing in its walls (Goldsworthy 19). Caesar’s birth was claimed to be a Caesarian section, a birth considered to be a bad omen in Ancient Rome. He was the only son in his family, which gave him the responsibility of carrying out the family line, raising a new and more powerful generation. This position of power was handed to him quite soon, at the age of sixteen, when his father collapsed and died. He would soon after marry Cornelia, the daughter of Cinna, one the most powerful men in Rome at the time after serving on consul for four consecutive years (49). Caesar began a military service years later, which was considered a beginning to his career in the public eye. He won consulship in Rome for the year 75 BC and, being a master orator, gave an impressive spee ch that made the crowd remember his reputation (72-73). In 70 BC, Caesar, age thirty, had been married for fifteen years to Cornelia. They had a daughter, Julia, but no male heir and no desire to have another child. He adopted Augustus Caesar, his great-nephew, to compensate for the problem. In late 70 BC, he was also elected as one of the twenty of the quaestors, the public officials who supervised financial affairs and audits (96-97). Perhaps years later, Caesar’s history would become dominated withShow MoreRelatedRoman Religion Essay1145 Words   |  5 PagesReligion played a significant role in the Roman civilization but, â€Å"many people believe that Rome was not a religious place. What they probably mean is that it was not a moral place.† (Burrell, 65) The Romans had innumerable gods that they worshiped which included giving gifts and sacrificing for their gods. Sacrificing animals was common for ancient Roman civilization. The idea of sacrificing came from th e people before the Roman Empire was built. Religion primarily used sacrificing as a meansRead MoreOctavian, Anthony and Cleopatra: Propaganda and the ‘Myth of Actium1095 Words   |  5 Pagesexamples of the use of mass propaganda in the ancient world. While scholars such as Murray question the impact that the re-instigation of games at Nikopolis and the extension of the temple of Apollo at Actium would have on the political situation in Rome, its emergence, however, seems to have occurred around 20 BC, a time at which Octavian Augustus has officially restored the Republic (27 BC) and resigned his position as consul, instead holding office as Tribune of the Plebs. The Augustan version ofRead MoreThe Roman Principate, An Era That Has A Clear Induction Essay1868 Words   |  8 PagesContextually the Roman Principate is an era that has a clear induction in Roman History, as well as being a marker to the end of Republic. Through the lens of Historian Tacitus, the Roman Empire readjusted themselves into an autocracy by shifting the allegiance of not only the military, but the leading classes, and the common people. Historian Mary Beard walks the reader, in her book SPQR, through the emperors following Augustus, and their role in securing the empire. Tacitus’ work in the AnnalsRead MoreSocial Effects of Technology Essay6374 Words   |  26 Pagesand kind of life available to us in the future. Technologys Effect on The Environment Technologys effect on the environment has received much attention in recent years, mainly due to (a) the reduction in lead time perceived between the instigation of a new technology and the serious effects on the ecological balance of our world that may possibly occur as a result of it, and (b) the greatly increased control over the environment that modern technology represents. Environmental considerationsRead More Social Effects of Technology Essays6300 Words   |  26 Pagesquality and kind of life available to us in the future. Technologys Effect on The Environment Technologys effect on the environment has received much attention in recent years, mainly due to (a) the reduction in lead time perceived between the instigation of a new technology and the serious effects on the ecological balance of our world that may possibly occur as a result of it, and (b) the greatly increased control over the environment that modern technology represents. Environmental considerations

Wednesday, May 6, 2020

Business Plan for Early Childhood Development Free Essays

string(26) " young people and approx\." Business Plan of Early Childhood Development Center in Gilgit Balistan Glowing Pearl Education Center (GPEC) Prepared By: Muniba Islam (Registration No. 55093) Najumus Sehar (Registration No. 55226) Kanwal Gill (Registration No. We will write a custom essay sample on Business Plan for Early Childhood Development or any similar topic only for you Order Now 54468) Contents AKNOWLEGMENT3 EXECUTIVE SUMMARY4 INTERNAL RESOURCE ANALYSIS5 ?Resources5 ?Capabilities7 EXTERNAL ENVIRONMENT ANALYSIS8 1. 1. GENERAL ENVIRONMENT ANALYSIS8 a. Demographics8 b. Economic Segment9 c. Socio Culture Segment10 d. Environmental Segment18 1. 2. INDUSTRY ENVIRONMENT ANALYSIS19 . 3. C OMPETITOR E NVIRONMENT A NALYSIS28 AKNOWLEGMENT Firstly we would thank Allah for giving us the opportunity and the resources to be able to do something productive with our lives. Without His blessings we would not have been able to come as far as we have. Then our sincere thanks to SIR ADNAN ANWAR helping us throughout this report. His guidelines have been very useful for us in preparing this report. This report would not have been possible without his cooperation and continuous direction. I would like to express my gratitude to my facilitator SIR ADNAN ANWAR whose continuous encouragement and support to solve the case. This report has enabled us to apply all that we studied in class and gave us the chance to enhance our knowledge. EXECUTIVE SUMMARY This project involves establishing a Montessori school in big cities of GILGAT BALISTAN, starting classes from early childhood development to Class I. The target market of this school is children, 0 – 6 years of age, belonging to the middle income group and also target working woman. The school will provide quality education starting at the primary level charging an affordable fee. The school will practice advanced educational procedures – teaching an extensive curriculum and using modern teaching methodology in sync with international standards. Qualified and experienced faculty will be hired. The school will have sophisticated infrastructural facilities, spacious classrooms, and wide-ranging learning material from books to toys for a good educational experience. Schools with high reputation have a stringent admission selection process, for which, Montessori schools provide the necessary training. This has given rise to high demand for Montessori school systems that can prepare children for admission to reputable Primary schools. With the growing population and a limited number of schools, establishment of elementary schools has become a requirement for necessary educational training starting at an early age. The total project cost for setting up this school is estimated at Rs. illion out of which the Capital Cost is estimated at Rs. 2. 0 million. The overall proposed capacity of the school is 300 students. Each class level from Early Childhood development (ECD) – Class I has two to four sections. The maximum number of enrollments per class is limited to 20 students from ECD till KG II and 30 students for class I. The proposed building will be acquired by own, covering an approximately area of building is 500 SQM to accommodate the pr oposed student strength. INTERNAL RESOURCE ANALYSIS * Resources Tangible Resources| Resource| Description| Source| | LAND| 500 Square Yard| OWN| BUILDING | 10 Bed room house| OWN| INITIAL WORKING CAPITAL| Rs. 2. 0 Million| SAVING| IT- EQUIPMENT| 5 LAPTOPS, Audio Music accessories| OWN| ECD REQUIRED MATERIAL| Chairs, tables, book storage, carpets, cribs, Block play accessories, Strollers and other ECD required materials| OWN| Intangible Resources| Resource| Description| | HUMAN CAPITAL RESOURCE| * Expertise in early childhood development and Montessori directors (best knowledge in children psychology). Expertise of different area like MBA – Education Leadership, MBA HRM, MBA-Marketing * Knowledge of local business environments (specially small and medium business)| INNOVATION RESOURCE| * Innovative ideas to analyze business requirements with specialized software tools * Variety of ideas to develop complex business software * Innovative ideas to educational products| REPUTATIONAL RESOURCE| Reputation for exceptional customer/ parents * Having good reputation w ith educational services due to affordable cost. Reputation with universities * Good reputation with educational institutes and teachers training and management institutes for competent young graduates resources for cheap source of input Reputation with universities * Good reputation in educational industry| TRAINING RESOURCE| * Expertise in child growth and development * Skill in cognitive development * Knowledge of health safety and nutrition * Personal management| * Capabilities Functional Area| Resources| Capabilities| | PROJECT FEASIBILITY| Montessori directors and educational professional / ECD required materials / Computer equipment and building| Business plan for early childhood development center and its impact on into children development center’s profitability| REQUIRED EDUCATIONAL STAFF | Montessori directors and educational professional / Innovative resources/ ECD required materials / Computer equipment’s| Art of translating business requirements into children development center for maximum customer/ parents satisfaction| MARKETING| Marketers| Promoting and marketing children development center and also promotes the teacher training program | TEACHER TRAINING PROGRAM| Training professionals| * Expertise in child growth and development * Skill in cognitive development * Knowledge of health safety and nutrition * Personal management * Financial management * Excellent Relationship with parents and children| EXTERNAL ENVIRONMENT ANALYSIS 2. 1. GENERAL ENVIRONMENT ANALYSIS a. Demogr aphics Population by Age Groups ; Pakistan Projection (000s)| AGE GROUP 2005 2010 2015 2020 2025 2030 | TOTAL M+F 155,772 173,383 192,262 211,397 229,377 246,272| MALES 0? 4 9,562 11,886 12,429 12,711 12,350 12,062| 5? 9 10,047 9,287 11,631 12,205 12,513 12,180| 10? 4 10,130 9,936 9,210 11,554 12,133 12,446| 15? 19 9,897 10,047 9,878 9,161 11,503 12,084| 20? 24 7,885 9,767 9,958 9,801 9,089 11,428| 25? 29 6,240 7,729 9,655 9,859 9,706 9,001| 30? 34 5,077 6,099 7,627 9,555 9,763 9,617| 35? 39 4,460 4,957 6,008 7,536 ,459 9,673| 40? 44 4,042 4,349 4,869 5,919 7,440 9,354| 45? 49 3,465 3,926 4,249 4,770 5,812 7,320| 50? 54 2,796 3,331 3,795 4,120 4,637 5,664| 55? 59 2,035 2,633 3,155 3,609 3,932 4,440| 60? 64 1,543 1,854 2,416 2,911 3,346 3,662| 65? 9 1,199 1,341 1,625 2,133 2,587 2,992| 70? 74 841 973 1,100 1,346 1,782 2,179| 75+ 921 1,077 1,271 1,482 1,796 2,315| TOTAL 80,140 89,190 98,874 108,670 117,849 126,417| Source: World Bank’s World Development Indicators (WDI) databas e| * Age structure * 0-14 years:  35. 4% (male 34,093,853/female 32,278,462) * 6. 5% population lies in the age group of 0-5yrs * 15-64 years:  60. % (male 58,401,016/female 54,671,873)   * 65 years and over:  4. 2% (male 3,739,647/female 4,157,870) Interpretation: * 60% of population falls under age of 35 means large market of young people and approx. You read "Business Plan for Early Childhood Development" in category "Essay examples" 36% teen-ager have niche market for childhood development center. * Males and females constitutes around 51%, 49 % of the population respectively. * Population is migration from rural areas to urban to seek better economic opportunities. * Population growth rate is 1. 57% per year. b. Economic Segment Interpretations: * Inflation is the major factor of weak economic condition of Pakistan * Due to high discount rate local investment has been educed to around 50% * Government borrowing from private sector has created the liquidity crunch in the financial sector * Employment status shows marginal changes i. e. decrease in the comparative profiles of employees and self-employed workers while increase in the case of employers. * Due to week investment in large sector SME sector is growing at rapid pace * GDP growth at around 2. 4 % due to devastating flood c. Socio Culture Segment Interpretations: * Pakistan is the 10th largest country in the world according to the size of the labor force * In 200809, the estimated labor force grew by 3. % * The growth in female labor force was greater than male labor force and consequently the increase in female employment was greater * The increase in self-employed persons as well as unpaid family workers indicates that activities at the household level are increasing * Population is migration from rural areas to urban to seek better economic opportunities * Pakistan is the most urbanized nation in South Asia making up 36% of its population, (2008) Urbanization rate is 3% (2005? 10). * Urb an population in Pakistan will constitute 50% of the total. The rate of urbanization in Pakistan will continue to increases due to the past high growth rates. * More than 50% of urban population (2005) lived in eight urban areas: Karachi, Lahore, Faisalabad, Rawalpindi, Multan, Hyderabad, Gujranwala and Peshawar. Interpretations: * 2008? 9, the estimated labor force grew by 3. 7%. * The growth in female labor force was greater than male labor force and consequently the increase in female employment was greater Population of Major Cities of Pakistan| CITY| 1981| 1998| CAGR (%)| 2010| | | | | | | KARACHI| 9,339,023| 5,208,132| 3. 49| 13,386,730| | LAHORE| 5,143,495| 2,952,689| 3. 32| 7,214,954| | FAISALABAD| 2,008,861| 1,104,209| 3. 58| 2, 912,269| | RAWALPINDI| 1,409,768| 794,834| 3. 43| 2,013,876| | MULTAN| 1,197,384| 732,070| 2. 93| 1,610,180| | HYDERABAD| 1,166,894| 751,529| 2. 62| 1,521,231| | GUJRANWALA| 1,132,509| 600,993| 3. 79| 1,676,357| | PESHAWAR| 982,816| 566,248| 3. 29| 1,386,529| | QUETTA| 565,137| 285,719| 4. 09| 871,643| | ISLAMABAD| 529,180| 204,364| 5. 7| 972,669| Interpretations: * In 1950, only 29. 8 % of people lived in urban areas whereas by 2020, an estimated 57% will live in c cities. * Karachi city’s population is growing at about 5% per year including an estimated 45,000 migrant workers coming to the city every month. * Urban expansion can be the key to continuing economic success * It will unfold opportunities for investment in many new markets for example, infrastructure, transportation, healthcare, education and character building. Table: Civilian Labor Force, Employed and Unemployed for Pakistan (in millions)| | 03-04| 05-06| 06-07| 07-08| 08-09| | Labor Force | 45. 5| 50. 05| 50. 33| 51. 78| 53. 72| | Employed | 42| 46. 95| 47. 65| 49. 09| 50. 79| | Unemployed | 3. 5| 3. 1| 2. 68| 2. 69| 2. 93| | Source: Various issues of Labor Force Survey Federal Bureau of Statistics| | Interpretations: * Unemployment rate is higher as compared to the last statistics. * The change is due to female than male and urban than rural unemployment rates. Interpretations: * Employment comprises all persons ten years of age and above who worked at least one hour during the reference period and were either â€Å"paid employed† or †self-employed†. The labour force is growing and the growth in FY09 is greater than that in FY 08. Table : Employment Status by Sex (%) | 2007? 08| 2008? 09| | Total Male Female| Total Male Female| Employers| 0. 9| 1. 2| NA| 1. 2| 1. 5| 0. 1| Self employed| 34. 2| 39. 6| 12. 8| 33. 3| 38. 7| 13. 1| Unpaid family Helpers | 28. 9| 19. 7| 65. 0| 29. 7| 20. 2| 65. 0| Employees| 36. 0| 39. 5| 22. 2| 35. 8| 39. 6| 21. 8| Total| 100. 0| 100. 0| 100. 0| 100. 0| 100. 0| 100. 0| Interpretations: * 2008? 09 employees increased both in rural and urban setting. * Employers almost remained the same during 2007? 08 and 2008? 09. * Self-employment increased in 2008? 09. This emphasizes the fact that in formalization of our sectors is taking place. * The increase in self-employed persons as well as unpaid family workers indicates that activities at the household level are increasing. * Employment status shows marginal changes i. e. decrease in the comparative profiles of employees and self? employed workers while increase in the case of employers Interpretations: * The self? employed males have decreased while female self-employed has increased. * The increase in self-employed persons as well as unpaid family workers indicates that activities at the household level are increasing * Employment status shows marginal changes i. e. ecrease in the comparative profiles of employees and self-employed workers while increase in the case of employers. Interpretations: * 45. 1% labour force is employed in agriculture. * 13. 6% labour force is employed in services. * 50% 0f population is residing in urban areas so emphasis will shift towards other sectors. Table : Employed labour force by sector sector| 2007-08| 2008-09| | total| male| female| total| male| female| Agriculture | 44. 6| 36. 9| 75. 0| 45. 1| 37. 3| 74. 0| Manufacturing | 13. 0| 13. 3| 11. 8| 13. 0| 13. 3| 11. 9| Construction| 6. 3| 7. 8| 0. 4| 6. 6| 8. 3| 0. 4| Transport| 5. 5| 6. 8| 0. 2| 5. 2| 6. 6| 0. 2| Services| 13. 7| 14. 4| 10. 6| 13. 66| 11. 1| 11. 6| Others| 2. 3| 2. 9| 0. 2| 0. 10| 2. 9| 0. 3| Source: Labour Force Survey 2008-09 Federal Bureau of statistics Interpretations: * 11. 6% female and 11. 1% males are in services, which indicate as compared to males females are more in service sector. * 24. 4% females are working in other sectors. * The growth in female labor force was greater than male labor force and consequently the increase in female employment was greater Table: Employed-Pakistan and provinces Area/Province| Employed| | 2007-08| 2008-09| | Total| Male| Female| Total| Male| Female| Pakistan| 49. 09| 39. 06| 10. 03| 50. 79| 40. 04| 10. 75| Rural| 34. 48| 25. 79| 8. 69| 35. 54| 26. 46| 9. 09| Urban| 14. 1| 13. 27| 1. 34| 15. 25| 13. 59| 1. 66| Punjab| 28. 97| 22. 07| 6. 9| 29. 95| 22. 68| 7. 27| Sindh| 12. 26| 10. 43| 1. 83| 12. 72| 10. 67| 2. 05| KhyberPukhtoonkhua| 5. 73| 4. 65| 1. 08| 5. 97| 4. 77| 1. 2| Balochistan| 2. 13| 1. 91| 0. 22| 2. 15| 1. 92| 0. 23| Source: Labour Force Survey 2008-09| Interpretations: * This table gives a comparison between employme nt figures in FY 07-08 and 08-09 * The general trend is a rise in employment in both rural and urban areas, and in both genders * Higher rate of rise is registered in Punjab as compared to other provinces Table: Formal and Informal Sectors? Distribution of non? Agriculture workers (%) Sector| 2007-08| 2008-09| | |   | | Total| male| female| total| male| female| Total| 100| 100| 100| 100| 100| 100| Formal| 27. 2| 27. 2| 27. 4| 26. 7| 26. 6| 27. 6| Informal| 72. 8| 72. 2| 72. 6| 73. 3| 73. 4| 72. 4| Rural| 100| 100| 100| 100| 100| 100| Formal| 24. 9| 25. 9| 23. 2| 23. 8| 24| 22. 2| Informal| 75. 1| 74. 1| 76. 8| 76. 2| 76| 77. 8| urban| 100| 100| 100| 100| 100| 100| formal| 29. 5| 29. 2| 29. 4| 29. 4| 29. 1| 32. 8| Informal| 70. 5| 70. 8| 70. 6| 70. 9| 70. 9| 67. 2| Source: Labour Force Survey 2008? 09 Federal Bureau of Statistic | Interpretations: Large amount of in formalization is evident both in agricultural as well as non-agricultural sectors * In formalization is rising and that it is more pronounced in rural than urban areas. * According to gender, males are shifting from the formal sector so are females. d. Environmental Segment Interpretations: * Pakistan is at high risk of climatic vulnerability which results in heavy floods in th e country and poses threat to agricultural sector 2. 2. INDUSTRY ENVIRONMENT ANALYSIS *Map may not be accurate or to scale . It is a mere representation Gilgit-Baltistan formerly known as the Northern Areas is the northernmost political entity within Pakistan. Gilgit-Baltistan covers an area of 72,971 km? (28,174 mi? ) and is highly mountainous . It has an estimated population approaching 1,000,000. Its administrative center is the city of Gilgit (population 216,760) Gilgit Baltistan is administratively divided into two divisions which, in turn, are divided into seven districts Division| District| Area (km? )| Population (1998)| Headquarters| Baltistan| Ghanche| 9,400| 88,366| Khaplu| | Skardu| 18,000| 214,848| Skardu| Gilgit| Gilgit| 39,300| 383,324| Gilgit| | Diamir| 10,936| 131,925| Chilas| | Ghizar| 9,635| 120,218| Gahkuch| | Astore| 8,657| 71,666| Gorikot| | Hunza-Nagar| | | Aliabad, Sikandarabad| Gilgit-Baltistan totals| | | | | | 7 districts| 72,971| 970,347| Gilgit| DEMOGRAPHICS OF GILGIT BALTISTAN: * Population statistics for the research are based on the Gilgit Population Censes carried out in 1998, according to which total population of Gilgit is approximately, 0. million * 85% of the total population lives in rural areas. * Gilgit Baltistan is traditionally male dominated, with women working primarily in the home or in agriculture. * Average household size is approxi mately eight people. Characteristics | Gilgit Baltistan| National| Per capita Income | US $350 | US $1046 | Literacy rate| 38% | 56% | Population Doctor Ratio | 1:4100 | 1:1183 | Maternal Mortality Rate | 600/100000 | 272/100000 | Total Fertility Rate| 4. 6 children per woman | 3 children per woman | * The study reveals that the age structure of the population was typical of a society with a youthful population * . t shows a pyramidal age structure due to a large number of children less than 15 years of age * 52% of the population is in age group of 15-64 * Less than 4%were over 65 years of age. * About half of the total women population was in the reproductive age group15-49 years. This is a major reason for population growth. * Education turned out to be an important factor influencing individual’s attitude and approach on various aspects of life. Majority(77%) of married women in Gilgit Baltistan are not educated, * Despite this it is encouraging to note that a significant proportion (39%)of the women is engaged in gainful employment. CURRENT FERTILITY ASFR| Urban| Rural| All Areas| 5-19| 44. 5| 66. 2| 58. 2| 20-24| 171. 7| 219. 2| 201. 1| 25-29| 245. 7| 279. 5| 267. 1| 30-34| 181. 1| 218. 2| 204. 7| 35-39| 73. 2| 143. 1| 119. 4| (NIPS Quarterly Newsletter issue no 9, march 2010) * Total fertility rate in Gilgit Baltistan is 4. 6 children per woman,whereas fertility rate in rural (5. 1 children per woman) is higher as compared to urban areas( 3. 8 children per woman). Education level is the most conspicuous differentials in fertility. EDUCATION SECTOR SUMMARY We have selected the educational industry and analysis is as follows: Legend: Size of Industry Statistical Summary of Education Sector of Gilgit-Baltistan: Institutions| District| Primary Schools| Middle Schools| High Schools| Colleges| | Boys| Girls | Co-Edu| Total| Boys| Girls | Co-Edu| Total| Boys| Girls | Co-Edu| Total| Boys| Girls | Co-Edu| Total| Gilgit| 58| 50| 119| 227| 35| 21| 9| 65| 27| 20| 0| 47| 4| 2| 0| 6| Ghizer| 44| 17| 118| 179| 7| 3| 8| 18| 13| 1| 3| 17| 1| 1| 0| 2| Diamer| 128| 18| 25| 171| 21| 0| 0| 21| 8| 1| 0| 9| 1| 0| 0| 1| Astore| 46| 21| 49| 116| 19| 11| 0| 30| 13| 2| 1| 16| 1| 0| 0| 1| Skardu| 187| 86| 118| 391| 50| 21| 7| 78| 20| 9| 3| 32| 3| 1| 0| 4| Ganche| 57| 30| 112| 199| 17| 11| 4| 32| 20| 3| 1| 24| 1| 0| 0| 1| Estimate: * In Pakistan especially in Gilgat Balistan have very competitive environment of educational industry. * Many of organization and NGOs are working on this industry. Legend: Industry growth Estimate: * In Gilgat Balistan have chance for growth in educational industry. * Below 6 year education school are not available in Gilgat Balistan. Legend: Employment growth Teachers| District| Primary Schools| Middle Schools| High Schools| Colleges| Grand Total| | Male| Female| Total| Male| Female| Total| Male| Female| Total| Male| Female| Total| Male| Female| Total| Gilgit| 302| 432| 734| 252| 225| 477| 348| 127| 475| 87| 38| 125| 989| 822| 1811| Ghizer| 226| 245| 471| 122| 15| 137| 156| 10| 166| 15| 0| 15| 519| 270| 789| Diamer| 273| 37| 310| 168| 0| 168| 96| 11| 107| 21| 0| 21| 558| 48| 606| Astore| 192| 74| 266| 13| 44| 157| 112| 7| 119| 15| 0| 15| 432| 125| 557| Skardu| 564| 385| 949| 239| 99| 338| 108| 24| 132| 38| 22| 60| 949| 530| 1479| Ganche| 252| 148| 400| 155| 44| 199| 244| 21| 265| 15| 0| 15| 666| 213| 879| Total| 1809| 1321| 3130| 1049| 427| 1476| 1064| 200| 1264| 191| 60| 251| 4113| 2008| 6121| Emerging Trends in an Industry Trend| Trend Natur e| Description| 1| Level of education| | 2| Required for best teacher| | 3| | | 4| | | Educational Statistics Gilgit-Baltistan Important information / Statistics Regarding the Education Sector of Gilgit-Baltistan| | Literacy Rate| Year| Male| Female| Both| | 1981| 24%| 3%| 15%| | 1998| 53%| 22%| 33%| | 2008 (Projected)| 57%| 27%| 43%| | | | | | | Teacher Student Ratio| Level| Institutions| Teaching Staff| Enrollment| Student Teacher Ratio| Govt. Schools| 1672| 5870| 151508| 1:26| Govt. Colleges| 15| 251| 6233| 1:25| Total| 1687| 6121| 157741| 1:26| | | | | | District Wise Comparison (Government Vs Private)| District | Government| Private| | Institutions| Enrollment| Institutions| Enrollment| Gilgit| 345| 43188| 160| 21070| Ghizer| 216| 18458| 146| 23303| Diamer| 202| 16457| 11| 1213| Astore| 163| 12610| 29| 2729| Skardu| 505| 44588| 116| 18575| Ganche| 256| 22440| 70| 6882| Total| 1687| 157741| 532| 73772| | | | | | % age Govt. Vs Private| 76%| 68%| 24%| 32%| 1) Threats of New Entrants Threats in education sector: * Poverty – Cost of education * Low enrolment and high dropout * Gender inequities Lack of availability of well-resourced educational institutions * Geographical and cultural constraints * Lack of awareness about value of education * Reluctance of teachers to serve in hard areas * Lack of special education institutions Threats of New Entrants| Analysis| Barriers to Entry| | Economies of Scale| | Product Diff erentiation | | Capital Requirement| | Switching Cost| | Access to Distribution Channel| | Cost disadvantages independent of scale | | Government Policy| | Interpretation: * 73% has access to Primary Education * 27% are out of Schools age 5-9 Years * Dropout Rate is 9% at primary level * Projected literacy rate (64 Male, 38 Female )overall 51% * Student Teacher Ratio 1 : 23 5-9 Years Population( 92554 Male, 85942 Female) Total 178496 * 5-9 Years Enrolment ( 74638 Male, 55166 Female) Total 129804 * Children attending primary schools in Gilgit-Baltistan in 2009-10 is 73% where as 81% Boys and 64% Girls. 2) Bargaining power of Buyer 3) Bargaining power of Supplier 4) Intensity of rivalry among Competitors Intensity of rivalry among competitors| Analysis| Numerous or Equally Balanced Balance Competitors| | Fast Industry Growth| | High /low Fixed or Storage Cost| | Lack of Differentiation or Low Switching cost| | High Strategic Stakes | | High Exit Barriers| | 2. 3. C OMPETITOR E NVIRONM ENT A NALYSIS Competitor Name| Size of Competitor| Specialization| Product line categories| Shining Star| Medium| vocational training and middle school , vocational trained staff| | Mehnaz Fatima| large| montessori and special education, montessori trained| | Mountain School| Small| montessori – middle school, trained staff| | ECDC KU| Small| early childhood developmental center, montessori experienced teachers| | APS| Large| | | | | | | RESULTS FROM INTERNAL ; EXTERNAL ANALYSIS 2. 1. RESOURCES T O B UILD Intangible Resources| HUMAN CAPITAL RESOURCE| * Marketing Research experts to conduct research for launching new software products for small and medium size segments * Accountants required to receive fees from parents | ORGANIZATIONAL RESOURCE| * Management resources required to formulate organizational structure * SOP for school day to day business operations for creating exceptional value to parents or customers| Access to the Promotional Platform| * PR department to establish that requires people have exceptional PR with the exhibiting authorities, print and electronic media for promoting products on promotional channel| Tangible Resources| Additional Financial Resources | * Additional financial resources required with working capital requirement either from borrowing or investment from investor| 2. 1. S. W. O. T ANALYSIS 2. 1. Strengths: * Low student-teacher ratio * English as a medium of instruction * Affordable to income group Accessible location for Pakistan steel worker’s children * Well-trained and qualified teaching staff * Up-to-date and extensive curriculum * Well maintained order and discipline * Environment conducive to joyful learning * Adequate security measures * Availability of adequate a nd modern facilities * Contribution to societal development * Weakness: * Time required for gaining recognition in the society * Higher rental cost for accessible locations * Insufficient area for playing fields to practice sports such as cricket, hockey etc. * Opportunities: * Overall increase in demand, linked with the growing population. * Government incentives and policies conducive for private investment in * education sector Gap between number of school going age children and actual enrolments in schools * Growing general public awareness (especially in urban areas) about * importance of quality education * Limited access to affordable, quality education. * Minimal budget allocation by government to education sector * Limited number of government/public schools * Poor facilities in government schools * Threats: * New entrants can easily share the business * Difficulty in retaining qualified teachers * Revival of public/government schools in the future through effective * Gover nment policies and regulations. Company Information 4. 1 Company Name Glowing Pearl Education Center (GPEC) 4. 2 Company logo 4. 3 Company Vision The early Child Hood Development Centre will provide a broad, holistic early childhood education that follows the highest International standards of excellence. The Centre’s curriculum will be taught by competent early Childhood educators, is designed to help lay strong foundations for a child’s continuing education and growth 4. 4 Company Mission Our mission is to develop young men with active and creative minds, a sense of understanding and compassion for others, and the courage to act on their beliefs. We stress the total development of each child: spiritual, moral, ntellectual, social, emotional, and physical . Each child is an individual; that all children are creative; that all children need to succeed. Therefore, School respects the individual needs of children; fosters a caring and creative environment; and emphasizes the social, emotional, physical, intellectual development of each chil d. To provide a safe, caring, therapeutic environment where students with psychiatric, educational, and social challenges can best develop the skills and character necessary to rejoin their communities with success. The school will design programs and learning experiences that promote academic achievement and the personal and social growth of every student. As a richly diverse community of learners that values all its Members School will provide a safe and productive learning environment in which students can communicate effectively, think critically, solve problems and are technologically literate through a variety of curricular and extra-curricular activities. Through a challenging course of study with high standards, students will become responsible learners who can not only work collaboratively, but also be accountable for their own academic and developmental progress. 4. 5 Short –term Objectives: Year| Objectives| April 2012- July 2012| * Advertising campaign at first level to introduce our brand GPEC (Glowing pearl educational center), your child glow as pearl in all among children. Aug 2012- Nov 2012| * By using current resources will establish school * Hiring of helping staff which are trained as Montessori trainer. | 4. 6 Long –term Objectives: Year| Objectives| Dec 2012- Dec 2015| * We would get 50% education mar ket share in 3 years * More than 50% people of Gilgat Balistan should be aware of our brand GPEC. in 3 years * 50% people of Gilgat Balistan should be preference to our brand GPEC. in 3 years * We should at least 2 campus (one in Gilgat and other in Diyamer) of our brand GPEC to become market leader in 3 years| Jan 2016- Jan 2018| * We would open more campus other than Gilgat, we target the Khyber pakhtoon khowan which have more close nvironment and people life style etc * At least 5 campuses open in Khyber pakhtoon khowan during next 3 years. | 4. 7 Partner Profile: Muniba Islam| Expertise| | Academic Qualification| | Working Experience| | Working Experience History| | Najum-us-Sehar| Expertise| | Academic Qualification| | Working Experience| | Working Experience History| | Kanwal Gill| Expertise| | Academic Qualification| | Working Experience| | Working Experience History| | BUSINESS LEVEL STRATEGY 5. 1 Competitor product Detailed Analysis the product feature analysis before condu cting the survey: Features| Competitor 1| Competitor 1| Substitute product| Our product| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 5. 2 Survey Questionnaire Summary The survey is conducted among 100 peoples Around 73% Around 47% 67% of 33% of businesses uses paper based system 26% using SMS 7% of 20% CHARTS ; GRAPH MARKETING STRATEGY * Market Segmentation Segmentation Variable a) Geographic :City b) Demographic : working Woman, Income * There are two broad market-positioning options available to a Montessori School Based on the household income; the target market will be middle income group. * Based on the target market’s preference, the school will provide quality education at an affordable fee. * Irrespective of the education services, income based target market will play a crucial role in the overall positioning of the school. Any entrepreneur planning to open up a Montessori school should first decide upon the objective of the venture. Various options available in this regard may include: * To plan a Montessori school with emphasis on Daycare services. * To establish a school as a Preparatory School for other reputed Primary Level Sch ools. * To establish a Montessori School with incremental expansion of services into primary and high school level. * Based on income level, the school can position itself for any of the following three broad income groups; THE HIGH INCOME GROUP: The upper income group segment is quality and reputation conscious. Most parents of the children enrolled in these schools belong to the different section of the society i. e. elf-employed businessmen, high paid government or private sector executives. Existing schools in the category charge a fee ranging from Rs. 5,000–10,000 per month. These schools are characterized by large custom built campuses, swimming pools, indoor as well as outdoor physical activities areas, and furnished spacious classrooms with heaters and air conditioners. These schools offer well designed modern course work, and employ highly trained Montessori teachers. MIDDLE CLASS INCOME GROUP: Schools in this category normally charge a fee ranging from Rs. 1,500-5,0 00 per month. These schools cater to children of well-educated and professionally employed parents. The important characteristics of these schools include well located school buildings that may be custom built or rented premises, modern course work adopted by other modern school systems, and comfortable class rooms with some provisions for playing area. LOW INCOME GROUP: The concept of Montessori education is not very old in this income bracket; however an increasing number of parents in this category have also now started sending their children to these schools. One of the major reasons is that most of the private schools at primary level now do not accept students directly in Class 1. This category of schools charges a monthly fee up to Rs. ,500. These schools have small buildings with little or no provisions for physical activities. KEY SUCCESS FACTOR: At a Montessori school level, teachers/attendants play a critical role in the success of learning process. Therefore, it is suggested that staff employed by the school should be highly educated and properly trained for Montessori education. Before starting education services, it is recommended that teacher training program should be imparted. In addition to the quality of teachers employed, the teacher student ratio should be kept at a well-researched optimum level. The education curriculum should be well researched and comprehensive. In addition to paper course work, it is suggested that visual and other teaching tools should also be optimally used. Parents are conscious about the well being and safety of their children at schools, therefore, it is suggested that the school environment ensures security and should be free from any apparent hazards. The school should preferably not be located in a highly populated location or at a location with high traffic hazards. The area of the classrooms should be in line with the number of students in each classroom. Moreover, the classrooms should either be air-conditioned or at least well ventilated. Classrooms should also be well equipped with teaching as well as extracurricular activity aids. Adequate provisions for physical, either indoor or outdoor or both facilities should be made available. Continuous teacher parent interaction should also be a regular feature of the school education system. Formal registration is required for the setup of new Montessori and elementary schools 6. 2 Market Targeting a) City Variable b) Working Woman REGULATIONS: Formal registration is required for the setup of new Montessori and elementary schools with the Executive District Officer (EDO) Education. The application is to be submitted on a prescribed form which can be obtained from the department along with Rs. 5,000 registration fee and Rs. 500 annual subscription. Domestic rates apply on the utility bills if an institution is registered with the department. HUMAN RESOURCE MANAGMENT position| number| Monthly salary| Annual salary| Principal| 1| 20,000| 240,000| Teacher coordinator| 1| 12,000| 144,000| Activity teacher| 1| 10,000| 120,000| Computer teacher| 1| 12,000| 144,000| Teacher play ground| 6| 10,000| 720,000| Teacher KG1| 3| 10,000| 360,000| Teacher KG2| 2| 10,000| 240,000| Class1| 1| 10,000| 120,000| Class2| 1| 10,000| 120,000| Game teacher| 1| 12,000| 144,000| Accountant| 1| 12,000| 144,000| Student attendant| 5| 10,000| 600,000| Guard| 2| 8,000| 192,000| Peon| 1| 7,000| 84,000| cleaner| 2| 7,000| 168,000| Principal The principal should be responsible for coordinating all the activities of the school including the hiring of teachers, developing liaison with the parents, maintaining and developing the brand name of the school for appropriate positioning, course design, admission tests and extracurricular activities. Teacher’s coordinator An experienced and trained Montessori school teacher is recommended for this post . The Coordinator would be assisting the principal in all school matters. He/she will be responsible for teachers’ attendance, their performance and evaluation. He/she has to collaborate with students, parents, staff and volunteers to ensure that group activities run effectively. Supervise and monitor the tutoring of students. Coordinate any special projects to increase coaching awareness among teachers including arranging guest speakers, visits and workshops. Accountant The accountant will be responsible for book keeping and maintaining accounts, salaries, and other administrative expenditures. Teachers Experienced teachers or fresh graduates with a natural aptitude for teaching should be employed. A balanced mix of experienced and fresh teachers is recommended for efficient running of the school. Each teacher shall be given a class and held responsible for proper training, imparting knowledge, arranging co-curricular activities for the children and their performances in the examinations. Student Attendants The students in the elementary institutes are very young and may also need attendants or baby-sitters. One attendant will be requiring for every two classes. Librarian / Activity Teacher One person is recommended for running the library and for activity room. Computer Teacher The person should be responsible for the introduction of information technology to the young students and for proper arrangement of students’ games and basic computer learning. EQUIPMENT REQUIRMENT: The details of the different equipment required for the project is given in the following table. EQUIPMENT| QUALITY| COST PER UNIT| TOTAL COST| Computers | 3| 25000| 75000| PRINTERS| 1| 10000| 10000| AIR CONDITIONS| 3| 40000| 160000| FAX MACHINE| 4| 12000| 12000| TELEPHONE SET| 1| 10000| 4000| UPS| 4| 7500| 22500| TOTAL EQUIPMENT| 16| | 283,500| LAND AND BUILDING: AREA REQUIRMENT: For three hundred (300) students, 2. 5 canals of land comprising double story building would be sufficient. A purpose built building may also be purchased. The covered area should have 13 classrooms, one common room for teachers, one room for principal, one for teacher coordinator and one room for the administration staff. Appropriate numbers of washrooms are suggested for teachers, principal, children and administration staff. A big hall should be allocated with proper divisions for library/ entertainment room, and tools. Space Requirements| REQUIRED AREA| Class Rooms| 6000| Teachers Staff Room| 144| Library/Entertainment Room| 500| Admin Rooms| 575| Computer Class| 400| Washrooms ; Kitchen| 270| Grounds| 6961| Total Covered Area Requirement| 14850| Market Segmentation and Targeting Graphical Representation . 6. 3 Positioning Perception Map: 6. 4 Product: Product Information: 6. 4. 1 Product Name We offer two different type of product of three different segments which are: 1. Child care system which target only one segment which are: a. Children Age between 0- 1. 5 years 2. Education development system which target on two segments which are: b. Children Age between 1. 5- 3. 5 years c. Children Age between 3. 5- 6. 5 years 6. 4. 2 Product Features 6. 5 Price Fixed cost = Rs. Variable cost = Rs. ariable Cost= 0 ( As once software is developed there is no additional overhead involved in licensing the software) No Licenses to be issued=70 Cost Per License Per Year= 764,700 /70= Rs 10,924. 29 Cost Per License Per Month=10,924. 29/12= Rs. 910. 36 Markup Profit Percentage = 10% Profit= 910. 36 * 10% =91. 04 Price Will be Charged= Cost Per License Per Month+ Profit=910. 36 + 91. 04=Rs. 1,001. 4 (approx. 6. 6 Promotional Strategy Promotion type| Detail | Advertisements in newspapers| | Company website| | Facebook | | | | 6. 7 Distribution Strategy ORGANIZATIONAL STRUCTURE Glowing Pearl Education Center organizational chart CVS Appendix I FOR QUESTION Appendix II FOR Budgeting How to cite Business Plan for Early Childhood Development, Essay examples

Thursday, April 30, 2020

Supply and Demand for Hotel Rooms in Australia

Introduction Supply and demand are two vital aspects in any market economy. Supply refers to the quantity of a product that a market can avail. Another definition can be amount of a product that producers are willing to give out at a given price. Demand on the other hand refers to the quantity of a product that customers are willing to buy at a given price.Advertising We will write a custom essay sample on Supply and Demand for Hotel Rooms in Australia specifically for you for only $16.05 $11/page Learn More The two are key in the determination of a product or service price (Adil, 2006). Usually, a product or service price keeps on varying until a point where the amount of demand at a particular price equals that of the amount supplied at the same price. This point is termed equilibrium. A relationship exists between demand and supply, which is very important in the determination of the amount of resources to be allocated purposes. Demand law and supply law are applicable in any type of market. The law of demand states that, if the price of a commodity is higher, with all other factors remaining constant, then the demand for the same good is low. This is because people cannot opt for the same good while others of the same value exist at a lower price. The law of supply states that when a products price is higher, then producers readily avail it into the market thus increasing supply (Henderson, 2004). Applying the two principles, that is, demand and supply to the hotel rooms in Sydney, Australia will be of great help in the determination of whether to increase or retain the same number of rooms in the city. There is a higher demand for accommodation than the supply is in Sydney and for this reason, more rooms for accommodation is required. This is in line with the laws of economy whereby supply and demand should match at a given point in order to reach equilibrium to ensure a stable economy. State of Supply and Demand for Accommoda tion in Sydney Sydney is a major tourist attraction in Australia and as such, visitors frequent the city. This calls for more accommodation facilities. According to Jones Lang LaSallee Hotels (2010), Sydney is a major Gateway to Australia and receives a higher number of visitors at night compared to any other city in the country. A survey carried out in 1999 on accommodation supply and demand showed that an increase in the number of visitors was to be 7.3% each year in a span of ten years. This gives a suggestion that supply of accommodation should be increased in order to meet the anticipated increase demand. However, this has not been feasible due to higher costs of construction and land purchase, which all along has not been compensated for because of poor market for accommodation (Jones Lang LaSallee Hotels, 2010). Sydney city has all along not reached the anticipated growth in accommodation market. This is attributed to various factors, major ones being; firstly, in 2001 and 20 02 most of accommodation rooms were converted into residential rooms owing to the reason that they are more profitable compared to the former (Jones Lang LaSallee Hotels, 2010).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This fall has not been recovered since then meaning that more accommodation has to be put in place. Secondly, supply of accommodation services has been on the decrease over the last ten year due to their low performance in the market. Thirdly, demand for the same facilities has been low and this has led to many people investing into residential services. In 2007, supply increased by 1,300 rooms which was a number higher than the projected figure. This increase is due to the distribution of accommodation facilities in all parts of the city compared to the earlier trends where accommodation was only available in the city CBD. In the same year, demand for accommodation al so accelerated. Wiltshire (2008) contends that demand and supply for accommodation in Sydney has over the last ten years been imbalanced; supply being higher between December 2005 and June 2006. Between September 2006 and December 2007, demand was higher than supply. In 2008, supply of accommodation was higher than that of demand. With the above rates of demand and supply, more rooms for accommodation are expected. According to a survey conducted by Jones Lang LaSalle Hotels (2010a), 89% of the total 9,923 rooms are hotels. They are all in the Central Business District (CBD) and account for 30% of the accommodation rooms in Sydney. According to their report, demand for accommodation was expected to rise as from last year. This growth is attributed to a number of factors, which include the following; first is the anticipated globe recovery from financial crisis. Once the globe recovers from the crisis, money will be readily available, as the economy will stabilize. This means that ma ny activities such as tourism, sports, and such like activities that calls for accommodation needs will be in place thus accelerating demand. Mostly, local demand was to be on the higher extreme as compared to international one whose growth was to be medium in 2010. Second is the expected rise in demand for accommodation with a figure of 80% and 82.5% through 2012 to 2014 as compared to that of 2009, which range between 74% and 79% (Jones Lang LaSalle Hotels, 2010a). A steady and strong demand for accommodation has been recorded between 2010 and 2011. The figures indicate a steady rise in the demand level for occupancy and this clearly indicates the need for construction or conversion of more and more rooms in Sydney city into accommodation rooms. However, achieving this dream is doomed by various reasons such as high profits gained from alternative uses, scarcity of appropriate land for construction, high costs for construction, poor financial status by the stakeholders and low inc ome from these rooms.Advertising We will write a custom essay sample on Supply and Demand for Hotel Rooms in Australia specifically for you for only $16.05 $11/page Learn More Lack of Government recognition of hotels as a source of income that can stimulate a stable economic growth has also a big share in low development in the sector. A realization for this with proper planning will see this problem over thus encouraging more supply for accommodation in order to meet demand. Jones Lang LaSalle Hotels (2010a) states that Sydney is a major tourist attraction center as compared to the rest of the cities in Australia due to its two attractions. The two key attractions in Sydney are the Sydney Opera House and Sydney Harbour Bridge. In 2008, the highest number of visitor night was recorded with a figure of 68.9 million. This is the highest number of visitors recorded in Sydney and in the whole of Australia. For the last two decades, the number of internation al tourists has been on the rise. Sydney has activities all year round and as such, many accommodation facilities are required. Upcoming events such like Sydney New Year’s celebrations and the Emirates Melbourne cup tour (Sydney tourist guide, 2011), will add to the demand of more rooms for accommodation. Whenever such events take place in a country, a lot of space is required as, different people come to participate or as spectators with all of them in need of a room to provide shelter. Sydney contributes most to Australian economy and its Central Business District is the biggest in comparison to those of other cities. Large commercial sites such as Parramatta are also in Sydney. Sydney also has other major roles such as hosting headquarters for both the Australian Stock Exchange and Reserve Bank of Australia (Wilttshire, 2008). A good number of banking industries in Australia is located in Sydney. Having all these major responsibilities, there is need to improve the existin g and constructing more other accommodation rooms in order to cater for the current demand. Under normal circumstance, people living in such a city are expected to lead a cheaper life due to the availability of all the necessary facilities at hand. Contrary to this expectation is that, Sydney is has been ranked 16 in number among the most expensive cities in the world (Wilttshire, 2008). The available rooms are given out at a very high price thus affecting the demand. A better solution to such a problem is the provision for more rooms at an affordable price in order to encourage demand.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Proposed accommodation type Supply for accommodation in Sydney is low and for this reason, more accommodation rooms are required. Compared to furnished apartments, motels, hotels and other forms of accommodation, hotels are more preferable due to their cost of construction and rent (Jones Lang LaSalle Hotels, 2010a). The current hotels in Sydney should be upgraded to current standards and new ones put up in order to match the present high demand. Both the government and the private investors are supposed to realize that this type of investment can act as a stable source of income and invest in them. Although due to space, apartments can work best, their cost of construction is high, and this will call for higher prices in order to offset the amount used for construction. Hotels are a bit cheaper and people from all calibers can afford. A factor also to consider is the conversion or the residential rooms within the city back into their initial purposes of accommodation (Wilttshire, 2 008). This has a direct bearing in the reduction of the amount of money that could be used in constructing new rooms. These rooms should be renovated, and upgraded to meet the present accommodation requirement. Conclusion As per the report given by the Jones Lang LaSalle Hotels on accommodation supply and demand in Sydney, there has been a steady increase in accommodation demand. The year 2010 recorded a stronger and stable demand level (The Jones Lang LaSalle Hotels, 2010b). Due to lack of government interest in investing into this kind of business, demand for accommodation has continually increased while supply remains constant. Therefore, more accommodation should be provided and thus meet the demand. Sydney hosts major activities in Australia e.g. major celebrations, state conferences, banking services among others. The living standards in the city are very high and the cost of construction for accommodation equally high. The key issue when it comes to provision of accommodation in Sydney is planning rather than cost. With proper planning, accommodation can be made more available without constraints. To balance demand and supply, more rooms are needed in order to increase supply. References Adil. J., R., 2006. Supply and Demand. Capstone Press, New York. Henderson, H., D., 2004. Supply and Demand. Kessinger Publishing, London. Jones Lang LaSalle Hotels., 2010. Accommodation Demand Trend. Web. Jones Lang LaSalle Hotels., 2010. Accommodation Demand Trend. Web. Sydney Tourist Guide, 2011. Australia Hotel Investment Market. Web. Wilttshire, N., 2008. New Hotel Supply Needed to Drive Future Demand Growth. Web. This essay on Supply and Demand for Hotel Rooms in Australia was written and submitted by user Brayl0n to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.