Cause essay Example | Topics and Well Written Essays - 500 words

Cause - Essay Example ’s lives, and these include physical health [as Maslow rightly observed in his second level of â€Å"Hierarchy of Needs†], mental fitness, athletics, and for aesthetic value (Maslow 373-4). As the old saying goes, â€Å"the most valuable possession one has is Good Health,† well, this is true for both our physical as well as psychological well-being. And one of the secrets to good and perfect health is regular exercise. As for physical fitness, exercise proves very essential to people who desire beautiful but slender bodies. People who seldom take exercise are likely to have soft, flabby muscles, which are not only unattractive but are unhealthy. Getting rid of shapeless figures requires regular exercises to better manage being over weight and more importantly to shape body structure. Besides, routine exercise is also beneficial in strengthening people’s muscles (Barton and Pretty 3947). Jogging, dancing, bicycle rides, swimming among other activities really help to develop strong leg muscles for people who desire such. In addition, exercises provide people with more daily energy. A morning exercise for instance, can help in elevating daily work/job spirit by simply retaining the excitement acquired during the exercise. One will therefore be capable to respond instantaneously to the environmental changes. Regular exercises also prevent the occurrence of a range of diseases by helping the body to develop mechanisms for fighting infections and certain other diseases (Barton and Pretty, 3947-8). Many of the major cardiovascular diseases can be kept at bay by simply using thes stairs instead of a lift (for those working in offices). Sweats that usually follow the exercises remove toxins that would hitherto cause heart failure, for example, from people’s bodies. Exercises thus have many benefits, which go along way in helping people to live longer, healthier, and generally happier lives. In fact, the more one has excess body fats the greater he or she risks

Macroeconomics Essay Example | Topics and Well Written Essays - 1000 words - 1

Macroeconomics - Essay Example Industry A Industry A has 20 firms and a (CR) of 20%. The Concentration Ratio is centered around how much of the market is controlled by the firms involved, in this case with 20 firms and a (CR) of 20% the controlled value is low. (Concentration Ratio, 2011 p 1) This implies that the industry is either highly competitive industry. This means that every involved organization in this particular industry is able to enter and exit the market with low barriers. This industry type could be termed a â€Å"perfect competition† however, because it has a (CR) of 20% it is also close to an oligopoly. To be a â€Å"perfect competition† the characteristics would need to include, all firms selling the same products, all firms involved being price takers, all firms having a relatively small market share, buyer knowing what is being sold and for how much and the ability to enter and exit the market. (Perfect Competition, 2011 p 1) In this environment the ability to enter the market wit h low to no barriers will allow for more competition to be available. The long term adjustments would need to be expecting lower prices and normal profits. The (CR) will remain low in this industry model due to greater competition. Industry B Industry B has 20 firms and a (CR) of 85% which places it in the oligopoly to monopoly range in business types. An oligopoly is characterized by a few dominant firms and many small ones, standardized and differentiated product depending on the industry, power of dominant firms over pricing, barriers to becoming a dominant firm and the use of non-price competition due to fear of price wars. (Petroff, 2002 para. 2) A monopoly however, is a situation where a single company or group owns the entire market, or close to it. Because this tends to mean it is a business that has a single firm it would not necessarily apply in this case. (Monopoly, 2011 p 1) To figure out the proper concentration ratio it is necessary to use the Herfindahl-Hirschman Inde x, â€Å"a commonly accepted measure of market concentration. It is calculated by squaring the market share of each firm competing in the market and then summing the resulting numbers.† (Herfindahl-Hirschman Index, ND) Conclusion Industry A would be appropriate for a small business given the ability to enter and exit with relative ease. This however, should not discount the possibility of Industry B’s ability to control a market and pricing as well. The entry barriers may be insurmountable in this industry type though the rewards could be significantly greater. Given the available information Industry A seems to be the best approach for a small business venture. Reference page Concentration Ratio,. (2011). Concentration ratio, investopedia.com. Retrieved from http://www.investopedia.com/terms/c/concentrationratio.asp Herfindahl-Hirschman Index, . (ND). The herfindahl-hirschman index, justice.gov. Retrieved from http://www.justice.gov/atr/public/testimony/hhi.htm Monopo ly,. (2011). Monopoly definition, investopedia.com. Retrieved from http://www.investopedia.com/terms/m/monopoly.asp Perfect Competition,. (2011). Perfect competition, investopedia.com. Retrieved from http://www.investopedia.com/terms/p/perfectcompetition.asp Petroff, J. (2002). Oligopoly characteristics. Professional Educational Organization International Retrieved from http://www.peoi.org/Courses/mic/mic7.html Memo follows- TO: Managing director FROM: (insert your name) DATE: