Statistics in Business

Importance of statistics in business Statistics is applied in a number of ways in the business sector, thus playing a significant role in business. The fact that statistics majorly entails making crucial decisions makes it quite handy in the planning function of any business (Evans, 2013). For example, when deciding on the marketing strategy of the business, statistics helps in getting the actual data that can be used to advertise the products of a business.Advertising We will write a custom essay sample on Statistics in Business specifically for you for only $16.05 $11/page Learn More This is seen in most marketing phrases that will give actual figures on product efficiency or usage. For instance, a phrase that a specific brand of detergent removes 99% stains will definitely make the product sell. This information on efficiency is obtained through statistical analysis. In addition to this, various types of data obtained from a business can be analysed a nd interpreted to give a performance review of the business hence being able to plan and predict the future of the business. It can therefore be concluded that statistics is key in the survival and existence of a business. Difference between a population and sample The primary exercise in statistics involves data identification and collection. In data collection two types of data sets are involved, which include population and samples. A population entails all the elements of the data on study while a sample will entail a proportion of the items on study picked from the total population. This is the case because population involves a big number of elements making the study difficult hence the decision to have representatives of the population, which is the sample. A sample is easier to study and analyse thus giving results that will depict the whole population. It therefore is understood that the samples will have characteristics similar to those of the population since they have be en selected from the population. Most often than not, samples will contain fewer elements than the population. However, this depends on various factors among them the sampling method. Samples play an important role in statistics of minimizing chances of biasness since the number of elements involved in a sample is manageable. Types of charts available in excel and their characteristic data sets Microsoft Excel comprises of a variety of charts that help in data analysis as well as display. Some of the commonly used chart types include pie charts, line charts, column charts, area charts, surface charts, bar charts, stock charts and area charts just to mention a few. All the aforementioned chart types will be used in accordance to the type of data sets available.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Column charts These charts entail columns that are vertically oriented whereby the v alues are in the vertical axis while the horizontal axis contains the categories (Evans, 2013). They are applicable in data that is periodic and will change over a given time such as the sales of a product by a company or within a given region. Column charts can also be used when comparing two different types of data sets such as sales of different brand types. Bar charts The only characteristic difference that bar charts have from column charts is their horizontal orientation. In that case, the horizontal axis contains values while categories are plotted on the vertical axis. They are used when comparing characteristics between different data sets. Pie charts These will entail graphical representation in a circle/ pie of data sets out of the total sum of items involved. This is computed by getting the percentage representation of each item. These proportions when slotted in the circle, they form pie-like shapes hence the name pie charts. Line charts These show trends of particular items that have a continuous type of motion. As such, the horizontal axis will contain periods while the vertical axis contains the values. Statistical measures used for describing data dispersion To describe data sufficiently the extent of variation is required, which is given by dispersion measures. Common measures of dispersion include standard deviation, variance, and range. â€Å"The range is normally the difference in value between the largest and smallest observation of the data set† (Gravetter and Wallnau, 2000, p. 163). The standard deviation measures how far an item deviates from the mean value. â€Å"It is computed by taking the square root of sum of squared deviation from the mean divided by the number of observations† (Gravetter and Wallnau, 2000, p. 164). When the standard deviation of a data set is squared, variance is obtained which is yet another measure of dispersion. The concept of correlation and correlation coefficient In statistics, correlation de scribes the relationship between variables whereby some will show positive relation while others will not have any degree of relationship. Correlation coefficient on the other hand gives the strength of the relationship between the variables involved (Evans, 2013). It also indicates the direction of the relationship, which could be towards the positive, or negative depending on the computed values.Advertising We will write a custom essay sample on Statistics in Business specifically for you for only $16.05 $11/page Learn More Interpretation a. +0.3= this is can be interpreted as a positive correlation coefficient of thirty percent. Therefore, a thirty percent increase in one variable leads to a thirty percent increase in the other variable and vice versa. b. 0.0= In this case, the two variables have zero relationship, that is there is no correlation between the two variables. As such, a change in value of one variable does not affect the other variable. c. -0.95= this can be interpreted as a ninety-five percent negative correlation coefficient. This therefore means that a ninety-five percent increase in one variable will result to a similar percentage decrease of the other variable and vice versa. Reference List Evans, J. (2013). Statistics, Data Analysis, and Decision Modelling. New York: Prentice Hall. Gravetter ,F., , Wallnau, L. (2000). Statistics for the behavioural sciences. Belmont: Wadsworth – Thomson Learning. This essay on Statistics in Business was written and submitted by user Jagger Walter 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.

Free Essays on Ivy League Education

Is there any cost too high for success? According to David Brooks, the author of â€Å"The Organization Kid†, America’s youth are hard at work striving to achieve. These leaders of tomorrow progess step-by-step towards their ambitious goals; but they do so in a society that has molded achievers, with the cost of character. In his article, Brooks brings to light the question of whether morals are sacrificed as a result of increased emphasis on achievement and success. Growing up during a period of relative political, economical, and cultural stability in America, Brooks maintains that the elite have acquired a changed values system. Rather than being taught to be individuals, they have learned to be conformists. Rather than challenging authority, they accept it without question. This generation of achievers has been programmed to please since early childhood when activities were planned specifically for enrichment and development. Brooks sheds some light on the direction in which the country is going: â€Å"The Romantics- and the neo-Romantics of the 1960s and 1970s- thought that children were†¦natural beings, as yet uncontaminated by the soul-crushing conventions of adult society. Hence they should be left free to explore, to develop their own creative tendencies, to learn at their own pace. Now, in contrast, children are to be stimulated and honed.†(Brooks). Brooks implies that the country is moving in a direction which sacrif ices moral character for accomplishment. This viewis supported when he states, â€Å"The most striking difference between and this one is that its members were relatively unconcerned with academic achievement, but went to enormous lengths to achieve character. We, on the other hand, place enormous emphasis on achievement, but are tongue-tied and hesitant when it comes to what makes for a virtuous life.†(Brooks). The American youth work from point â€Å"a† to point â€Å"b† for the sake of reaching ... Free Essays on Ivy League Education Free Essays on Ivy League Education Is there any cost too high for success? According to David Brooks, the author of â€Å"The Organization Kid†, America’s youth are hard at work striving to achieve. These leaders of tomorrow progess step-by-step towards their ambitious goals; but they do so in a society that has molded achievers, with the cost of character. In his article, Brooks brings to light the question of whether morals are sacrificed as a result of increased emphasis on achievement and success. Growing up during a period of relative political, economical, and cultural stability in America, Brooks maintains that the elite have acquired a changed values system. Rather than being taught to be individuals, they have learned to be conformists. Rather than challenging authority, they accept it without question. This generation of achievers has been programmed to please since early childhood when activities were planned specifically for enrichment and development. Brooks sheds some light on the direction in which the country is going: â€Å"The Romantics- and the neo-Romantics of the 1960s and 1970s- thought that children were†¦natural beings, as yet uncontaminated by the soul-crushing conventions of adult society. Hence they should be left free to explore, to develop their own creative tendencies, to learn at their own pace. Now, in contrast, children are to be stimulated and honed.†(Brooks). Brooks implies that the country is moving in a direction which sacrif ices moral character for accomplishment. This viewis supported when he states, â€Å"The most striking difference between and this one is that its members were relatively unconcerned with academic achievement, but went to enormous lengths to achieve character. We, on the other hand, place enormous emphasis on achievement, but are tongue-tied and hesitant when it comes to what makes for a virtuous life.†(Brooks). The American youth work from point â€Å"a† to point â€Å"b† for the sake of reaching ...

Beowulf and Norton Essay Sample

Beowulf is one of the greatest lasting heroic poem verse forms. It was composed by Germanic people more than twelve hundred old ages ago. Although it is written in Old English. it deals with the Norse forbears of the Anglo-Saxons. the Danes and the Geats. This heroic verse form concerns itself with Christianity. internal and external immoralities. and the warriors get the better ofing monsters. The first transition of this narrative fundamentally describes the edifice of Heorot. Hrothgar. decides to construct a Valhalla-type of sanctuary for his warriors that he names â€Å"Heorot† . or the Hall of the Hart ( deer hall ) . This is in the first chief transition of the narrative of Beowulf and this is the first topographic point we find the subject of internal versus external immorality. The transition implies that internal immorality will finally destruct the hall. instead than being attacked by monsters: â€Å"The hall stood tall. high and wide-gabled: it would wait ferocious fires of vindictive fire: the clip was non yet at manus for sword-hate between son-in-law and father-in-law to rouse after homicidal fury. â€Å" ( Norton 28 ) This foreshadows the internal immorality that will destruct the Danes. Another subject in this narrative is the subject of work forces versus monsters. This subject comes to light when Grendel is described: â€Å"The animal of immorality. inexorable and ferocious. was rapidly ready. barbarian and cruel. and seized from their remainder 30 thanes† . ( Norton 28 ) Heorot is a imbibing hall. where warriors gather for parties and to acquire rummy. Heorot is a creative activity of civilisation made by Hrothgar. for work forces to garner as a meeting topographic point and a topographic point to kip. Hrothgar builds the biggest hall of all time made. Grendel so attacks the hall for 12 winters straight. destructing more and more work forces every dark with no compunction. and the work forces are afraid to kip in the hall. believing that possibly Grendel will eat them. Grendel is a pitiless caniball: â€Å"I think that if he may carry through it. unafraid he will feed on the common people of the Geats in the war-hall as he has frequently done on the flower of work forces. † ( Norton 32-33 ) Grendel is a barbarian. and he ruthlessly eats his victims. The Hall Heorot is a imbibing hall. and most of the warriors stand no opportunity against Grendel. They are intoxicated and are non able to assail Grendel. That is portion of the ground Hrothgar wa nts Beowulf to contend Grendel. because the Danish warriors who are excessively intoxicated. The hall was built for the warriors to bask themselves: â€Å"Thus these warriors lived in joy. blessed. until one began to make evil workss. a beastly enemy. † ( Norton 28 ) Here a analogue is made between Grendel and the warriors. The warriors enjoy themselves. and Grendel is the 1 on the exterior: â€Å"The Grim Spirit was called Grendel. known as a wanderer of the boundary lines. one who held the Moors. fen and fastness† ( Norton 28 ) . This is the first history of who Grendel is. Grendel is non allowed in the imbibing hall and is non portion of the community of work forces. Grendel does non play by the regulations of work forces. but he â€Å"did greater slaughter-and had no compunction for it-vengeful Acts of the Apostless and wicked† . ( Norton 29 ) In futher description of Grendel. the reader learns: â€Å"He wanted no peace with any of the work forces of the Danish host. would non retreat his deathly resentment. or pay compensation: no counsellor at that place had any ground to anticipate glorious refund at the custodies of the killer. For the monster was relentless. the dark death-shadow. against warriors old and immature. ballad in delay and ambushed them. † ( Norton 29 ) Grendel operates outside of the normal regulations. He is a monster who kills people. There are mentions to many elements of pagan religion. The undermentioned quotation mark reverts to pagan ways and how they pray to the Satan. â€Å"Soul-slayer† describes the Satan and it was believed that heathen divinities were really Satans. â€Å"At times they vowed sacrafices at pagan temples. with their words prayed that the soul-slayer would give aid for the hurt of the people† . ( Norton 29 ) Harmonizing to the heroic poem verse form. Beowulf is bigger and larger than anyone else physically. During that clip a popular manner of Tell a narrative was by word of oral cavity are really common during that clip. An eye-witness history is given when the seashore gaurd describes the hero: â€Å"Lo. for a long clip I have been guard of the seashore. held ticker by the sea so that no enemy with a force of ships might work injury on the Danes land: neer have shieldbearers more openly undertaken to come ashore here ; nor did you know for certain of a word of leave from our warriors. consent from my kinsmen. I have neer seen a mightier warrior on Earth than is one of you. a adult male in conflict frock. † ( Norton 30 ) We learn Beowulf’s individuality when he proclaims that â€Å"Beowulf is my name† . ( Norton 31 ) That is when he is presented for the first clip. Mentions were made to Beowulf before this point. He was built up to being a super hero and here is whe re he makes his first visual aspect. Abrams. M. H. et Al. . The Norton Anthology of English Literature. Volume 1. 6th Edition. New York: W. W Norton A ; Company. 1993.

Research Assignment Essay Example | Topics and Well Written Essays - 750 words - 1

Research Assignment - Essay Example This paper will look at the two pieces of art, the two murals, found in a knight library of the University of Oregon in the United States of America and their significance in the art industry. The two murals found in the knight library of the University of Oregon bear a lot of significance to the university as well as to the people who sees the murals. A lot can be learnt from the murals concerning the historical development of the human society as thinking and creative and expressive organisms. As is argued by Teague the murals are drawn in an ascending manner depending on their levels of complication and sophistic look that can be interpreted at two distinct but related levels in human development and advancement in capability, that is, the two murals can be viewed as the developmental advancement at the university of Oregon since its inception as well as the entire human race as a creative and communicative of being (Teague, 2006). As has been mentioned earlier in this paper, art works are sources of information that portray the message they bear in a very secretive and hidden manner that only those who makes them understand better. One cannot be able to understand wha t information art works always communicate to the other people unless a second thought is given to these with regard to the interpretation capability of the persons involved. The interpretations of the kind of information passed around by these two murals can be differently interpreted in different ways other than the two levels mentioned above depending the persons doing the interpretation as well as the perspectives taken by the interpreter (RiverFront Research Park, 2006). Apart from the two murals being designs that meant for increasing the aesthetic values of the university library, they also communicate with various people who visit the university library at different levels. The murals fitted in the knight library have been very instrumental in

High Rise at Malaya. Courtyard and Daylighting Thesis

High Rise at Malaya. Courtyard and Daylighting - Thesis Example The by-product effects of courtyard designs produce the feeling of serenity, calmness and composure upon the surrounding structural forms. Also, significant day lighting is one of the advantages of having courtyard designs in particular structures. The dispersion of natural light from a specific angle from the sun creates the naturalistic feel that is expected from courtyard designs. However in the era of the Modernism Movement in architecture, a new kind of design is inevitably incorporated amongst recent structures. As what the precepts of the movement dictates, modern architects push their designs to the limits while going back to the appearance of the basics – simple but elegant. Courtyard designs are incorporated in such structures as well. In this context, the effectiveness of the courtyard may vary from low rise to high rise structures. The amount of natural light and the feel of serenity can vary in the mentioned cases. Yet, modern architects had already answered this problem through the composition of materials that they had used in their modern structural designs. Hence, the issue of ecological living is a primary concern in modern courtyard designs. As compared to traditional courtyards, surrounding low rise structures provide the aura of naturalism which greatly contributes to the ecological aspect of the entire architectural design. In addition, the idea of replicated ecological feel is an issue attached to modern courtyard designs. The essence of naturalism is reproduced through the advancements of modern architecture. 1.2 Purpose of the Study The purpose of this study is to show that modern courtyard designs and the surrounding structures accompanying the open space do not fully incorporate the concept of ecological living within the whole structural design. This study aims to present a comparative approach between the modern and traditional courtyards. The advantages and the reliability of traditional courtyards will also be explained in this study. 1.3 Expected Outcomes of the Study A significant outcome that this study wishes to arrive at is the comparative conclusion between the advantages of traditional and modern courtyard designs in terms of ecological living. It is expected that a thorough explanation of terms be achieved. Historicizing the important concepts of traditional and modern courtyards is expected from the review of related literature. Architectural theories which accompany the traditional and modern courtyard designs are expected to be well explained. Through the comparison of designs and the effects of such in the naturalistic feel of respective courtyards, it must be clear that at the end of this study, traditional courtyard design best upholds the notion of ecological living. CHAPTER II: RELATED LITERATURE 2.1 Traditional Chinese Courtyard Spatial Value: the Siheyuan One of the most harmonious examples of courtyard structures and design can be seen in the traditional Chinese courtyards or the Si heyuan. The concept of comfort and leisure are fused into the simple and Oriental layout of these courtyards evidenced through the architectural design of the mentioned. The Siheyuan are usually enclosed within four walls. The sizes vary from the minute to the largest layout in any given space. These structures are usually encircled by north and south main rooms and the accompanying wing rooms on respective sides which contain function areas such as the kitchen, the servants’ quarters, personal libraries and others.1 Even up to the present era, the Siheyuan still retain its traditional look in architectural design. This serves both the purposes of cultural and ecological aspects. In terms of culture, the traditional C

Explore the presentation of revenge in Hamlet Essay Example for Free

Explore the presentation of revenge in Hamlet Essay Revenge is a key theme in Hamlet. It is not only essential to understanding Hamlets character, it forms the structure for the whole play, supporting and overlapping other important themes that arise. Though it is Hamlets revenge that forms the basis for the story, tied into this is the vengeance of Laertes and Fortinbras, whose situations in many ways mirror Hamlets own. By juxtaposing these avengers, Shakespeare draws attention to their different approaches to the problem of revenge and how they resolve these. see more:theme of revenge in hamlet The idea of revenge is first introduced by the appearance of the ghost in act 1 Scene 5, and linked to this is the theme of hell and the afterlife. At the end of this scene, Hamlet is irreversibly bound to revenge for the duration of the play, speak, I am bound to hear So art thou to revenge. The ghost appears with the sole aim of using his son to obtain revenge on his brother, and so every word he speaks is designed to enrage Hamlet and stir in him a desire for vengeance. He uses very emotive language to exaggerate the enormity of the crime, and he concentrates Hamlets attention on the treachery of Claudius. His description of the murder itself demonises Claudius and contains many references to original sin, the serpent that did sting thy fathers life now wears his crown. Hamlet, who has been brought up with absolute notions of good and evil, is susceptible to these religious references, o all you host of heaven! O earth! And shall I couple hell? It is ironic that the ghost refers to his own torment, trapped in purgatory, in order to demonstrate to Hamlet the injustice of the situation, yet this serves only to warn Hamlet of the possible consequences of revenge. Instead of enraging him, Hamlet is now wary of acting rashly or without proof as it could place him in a similar situation to his father. The other revengers in the play do not have this wariness, they act immediately without considering the spiritual consequences and it is unclear whether Hamlet would have had a similar attitude had he not been inadvertently alerted to this danger by old Hamlets ghost. Though Hamlets immediate reaction to news of his fathers murder is one of anger and a desire for action, by the end of the scene his desire for revenge is already blunted, for a number of reasons. Unlike Laertes and Fortinbras, Hamlet receives the information of his fathers murder from a secret and unreliable source, which means that not only is he unsure of the truth, he is forced to act out his revenge in secret. Throughout the play, Hamlet frustrates the audience with his lack of action, especially as all around him his contemporaries are visibly taking their own revenge. Fortinbras is in a similar situation to Hamlet, as his father had been murdered by old Hamlet and his land taken. The land itself is worthless and Fortinbras stands to lose more than he can gain; yet like Hamlet it is a matter of honour. Both are exacting revenge for something that nobody else cares for or remembers; a dead king for whom nobody grieves and a patch of worthless land. Part of Hamlets dilemma is the moral question of whether his desire for revenge is worth disrupting and endangering the lives of all those around him, whether tis nobler in the mind to suffer the slings and arrows of outrageous fortune, or take arms against a sea of troubles and by opposing end them However, unlike Hamlet Fortinbras does not pause to contemplate the idea of revenge; he acts on it, sharked up a list of lawless resolutes and marched on Denmark. The difference in their characters is obvious; Fortinbras character matches his name, strong in arm. He is a man of action, not of words, he has a strong presence and a commanding attitude which demands obedience, Go captain, from me greet the Danish king I will dot my lord. Fortinbras situation is infinitely less complex than Hamlets own; the boundaries between good and evil, personal and public, right and wrong, are for him, clearly defined. He is able to act openly, uninfluenced by friends and family. Hamlet on the other hand is surrounded by people who have obligations to both himself and the king, and is therefore unsure of whom to trust. Hamlets dilemma is founded on this; that any action he takes carries with it risks and possible consequences which could destroy the foundation of his very existence, so he hesitates and does nothing, all the while hating himself for his inaction, makes us rather bear those ills we have than fly to others that we know not of. The problem for Hamlet is that the murder is too close to home, so he is unable to define the boundaries between personal and public. He cannot publicly confront Claudius without proof because he risks losing his claim to the thrown, alienating his friends and family and being exiled from Denmark, as it would be seen as an attempt by the prince to regain the throne, rather than a son avenging his fathers murder. On top of this Hamlet hopes to avoid jeopardising his relationship with his mother, but at the same time he wants revenge on her for her betrayal. In order to fully understand Hamlets psyche and therefore the reasoning behind his actions, it is important to understand how religion affected all aspects of life in Elizabethan times. It was believed that a person who was able to confess his sins before death would be absolved and therefore go to heaven, but if a person were unable to do this their soul would be condemned to purgatory until they were able to confess and repent. Old Hamlets soul is in purgatory and Hamlet wants Claudius to suffer the same fate, a villain kills my father and for that, I his sole son do this same villain send to heaven. Why, this is hire and salary not revenge. For this reason Hamlet has to wait for the opportune moment to kill Claudius, when he is drunk asleep, or in his rage, at game, a-swearing or about some act that has no relish of salvation in it. However, the other problem which religion creates is that of Hamlets own afterlife. If murder for revenge is wrong then by killing Claudius, Hamlet condemns his own soul along with that of Claudius. On the other hand, Hamlet is honour bound to exact revenge for his fathers murder, and the consequences of not doing so could be even more drastic. Even suicide offers no solution, as the dread of something after death, the undiscovered country from whose bourn no traveller returns, puzzles the will, and makes us rather bear those ills we have than fly to others we know not of. Hamlets indecisiveness is not just a result of his uncertainty about the consequences his actions will have. He is in emotional turmoil at this point in the play, and is feeling betrayed and rejected by those whom he had relied on so far in his life. His anger and frustration at his mothers behaviour is amplified by her lack of grief, and his desire for revenge at the start of the play is mainly fuelled by his own grief and a sense of injustice. His anger towards Claudius diminishes, as he is distracted form revenge by more immediate concerns, such as his relationships with Ophelia and with his mother. Part of Hamlets feelings of isolation stem from what he sees as betrayal by his friends, Rosencrantz and Guildenstern, and his lover Ophelia. Hamlets critical relationship with Claudius forces all three to take sides, and decide to whom they owe the strongest allegiance. Ophelias father Polonious, Claudius right hand man, instructs her to shun Hamlet and, as his dependant she is forced to obey him. Women were viewed as property during Shakespearian times, and without a male protector her future prospects were slim. Also, the emphasis placed on family duty and loyalty was far greater, so to disobey her father would be tantamount to treason. Rosencrantz and Guildenstern were given a direct order from their king, so to disobey would actually have been treason. Added to this was their ignorance of Hamlets situation due to both Hamlet and Claudius deceit, which meant that they were unsympathetic with Hamlets mental instability and obsession with old Hamlets death. Hamlet refuses to recognise the impossible situation his friends were placed in, and resents them for abandoning him when he needs them most, even though it is his feud with Claudius that has forced them to into it. Feeling betrayed, he has no compunctions in using them to further his own gains. All three are, ultimately, fatalities of Hamlets vendetta against Claudius, as Hamlet brings about the deaths of Rosencrantz and Guildenstern and drives Ophelia to madness and suicide. Ophelia especially is very much a victim, as in obeying her father she loses Hamlet, and when Hamlet kills Polonious she loses him as well. With Laertes away, she has no-one left to protect her and is very much alone. In many ways, Hamlet himself is a victim of revenge, as he used as a tool by his father, to instigate revenge against old Hamlets killer. By placing this obligation on Hamlet, on top of all his emotional instability, Old Hamlet effectively pushes his son over the edge and renders him incapable of decisiveness. It is unsurprising that Hamlet is unable to take revenge or in fact make any significant decisions, as he is under considerable emotional and mental strain. Laertes is in a similar situation, as Hamlet his friend has murdered his father and driven his sister to madness. His vulnerable state of mind makes it easy for Claudius to use him as a tool against Hamlet, so the two friends become instruments in the power struggle between the two brothers, a struggle which crosses the divide between life and death. Laertes situation resembles Hamlet in other ways. They are joined by their love for Ophelia, Hamlet as a lover and Laertes as a brother. When Laertes returns to find his father murdered, he faces the same dilemma that Hamlet originally had in that, as far as he knew, the king of Denmark had murdered his father. Unlike Hamlet who promptly chose to employ deceit in order to combat Claudiuss deceit, when Laertes discovers this he immediately confronts Claudius. By doing this he achieves his revenge far sooner than Hamlet, but consequently becomes a tool for Claudius against Hamlet. These two revengers differ in their approach to revenge, but ultimately they come to the same end. They both fall victim to the corruption that surrounds the court of Denmark, with Claudius at the centre. Claudius use of deceit throughout the play hides the truth under a veil of dishonesty. Claudius uses other people as tools to achieve his aims, so if they fail he escapes the brunt. He uses Polonious, he uses the king of Norway against Fortinbras, and finally he uses Laertes against Hamlet himself. His corrupting influence means that nobody in Denmarck knows the truth, and Hamlets only attempt to break this veil of deceit causes the death of Polonious instead of Claudius. In act 3 scene 3, Shakespeare uses the curtain concealing Polonious as a metaphor for the corruption surrounding Denmark, making it impossible for Hamlet to take revenge as he is unaware of the truth. Though Hamlet tries to cut through the curtain, he fails and ends up killing the wrong man. This shows him that it is no good trying to confront the problem, he must remove the cloak of deceit and reveal Claudius for what he truly is before he can take his revenge. Though Hamlet tries to get around this problem by being deceitful himself, and Laertes tries to confront the problem face on, both end up being used as weapons in a fight that kills them both. The ending of the play is very satisfying despite, or perhaps because of, the deaths of nearly all the characters. For a neat ending, it was necessary that all the characters achieve their revenge, and as there were so many intertwining strands of revenge, it was inevitable that a large proportion of characters would be killed. The play ends with a new beginning, as the corruption at the heart of Denmark dies with Claudius and Hamlet. Hamlet succeeded in taking revenge on Claudius and revealing the truth about his character, and Laertes succeeded in killing Hamlet but died in the process. All this clears the way for Fortinbras, who we see is far more suited to leadership than the indecisive Hamlet. Fortinbras was more successful in his revenge than Hamlet and Laertes for a number of reasons. He is not held back by the dilemma that freezes Hamlet; of having to choose between betraying his fathers trust or losing the throne and alienating everyone he loves. Hamlet is held back by his proximity to Claudius and the situation, whereas Fortinbras is free to act uninfluenced by the people around him. Another factor in Fortinbras favour is that, unlike both Hamlet and Laertes, Fortinbras made the decision to take revenge alone, so it was entirely his responsibility. Revenge has to be nurtured in Hamlet and Laertes, and both are used as tools in the ongoing feud between the two brothers. Fortinbras is a man of action, and doesnt waste time pondering the philosophy behind the revenge mentality, as Hamlet does. And unlike Laertes, he plans and organises his revenge, he doesnt rush straight into confrontation unprepared. In fact, he represents the best qualities of both of them, so it is fitting that it is he who emerges with not only his life, but the throne of Denmark to go with it.

Sir Walter Scott :: Essays Papers

Sir Walter Scott Sir Walter Scott was born in a tenement at College Wynd, in Edinburgh, on August 15, 1771. There is evidence that he may have been born in 1770 and when his mother was asked about it she said she had forgotten the detail of when he was born. There was no deep warmth between parents and children in the Scott family. The Scott family had no fewer than twelve children and young Walter was the ninth. Him and his two other brothers were the only children to survive. All other nine children had died because they were premature or they died shortly after they had been born. At the time of Walters birth his mother was thirty-nine and his father was forty-two and having a child was not exciting to them anymore. His parents had named one of their first siblings Walter who was born and died in 1766 and after they named young Walter that he always felt that he had a second hand name. Walter was a healthy child until he was about eighteen months and he got a very bad fever, which kept him in bed for awhile. One day when he was recovering he was in the bath and they realized he had lost the movement in his right leg. He had infantile paralysis. Doctors tried to help him and fix it but it was a lost cause. He was not fully crippled but his right leg would never be the same. His mother became pregnant again and she could not deal with Walter while he was sick. Therefore she sent him to him to his grandfather's farm at Sandy Knowe in the spring of 1773. He stayed at this farm until he was three and a half. It was hear that his grandfather taught him to walk and eventually run. Everyone on the farm also encouraged Walter to talk Walter's aunt; Janet Scott brought it upon herself to raise Walter. Over the next six years she was Walter's foster mother and first teacher. Walter's relationship with his father lasted twenty-eight years and went though many different stages. Dominating over everything else Walter knew that he was not an important child. Robert his oldest brother did not go to the High Sch ool like his brothers did but was sent to a superior boarding school. He also had the freedom to pick his profession unlike Walter.

Looking at THE MATRIX Films

When Robert Gibson created the science-fiction subgenre known as â€Å"cyber-punk† in the novel NEUROMANCER most people had high hopes for this literary movement. This was because the concept of a technologically advanced corporatist dark future had a sense of realism that STAR TREK and STAR WARS missed. Yet, cinematic endeavors in cyber-punk never truly succeeded. Then, along came THE MATRIX which remains one of the most brilliant of the realistic science-fiction films ever devised. Created by Larry and Andy Wachowski, the plot of THE MATRIX centers on a world where humans live in an internal pseudo-reality world where life is crafted to perfection. When the hero, Neo, discovers this he launches a rebellion against the machines that have placed humans into a suspended animation sleep. At the core of this rebellion is the theme of the film: if reality is not reality then does it have any value? This can be seen as a metaphor for a number of ways in which humans numb themselves into alternative realities whether it is drugs, videogames, consumer culture et al. As such, THE MATRIX was the right movie for the right time and it has become a science-fiction masterpiece with millions of fans. It would be difficult to discuss THE MATRIX without discussing the world in which the story takes place. (That is, THE MATRIX itself) Probably the most difficult aspect of creating science-fiction is making a believable world. Often, science-fiction crafts worlds that while entertaining simply aren't believable. This detracts greatly from the ability for the film to work. In THE MATRIX, we have an incredibly believable world because the â€Å"the world† exists almost exclusively in the mind. As such, the viewer  becomes drawn into the story because there exist some credibility to the fact that the world of THE MATRIX could actually exist. This is the brilliance of THE MATRIX and what makes it such a classic work. THE MATRIX REVOLUTIONS is the third film in THE MATRIX TRILOGY (The less said about the second film the better) and it is a sweeping action-adventure film that seeks to bring a final conclusion to the series. The goal of the film is the same as the original film: dissolve alternative reality and bring humans to their original state. This is what makes THE MATRIX REVOLUTIONS such an excellent film. It centers on the notion of revolutionary struggle for a good cause. In a way, one could even see parallels to the American Revolution and other colonial liberation struggles and struggles against totalitarianism. As such, THE MATRIX REVOLUTIONS becomes a thrilling and engaging film that taps into the natural human sentiment to be free. Yes, it takes place in a fantastic world but this does not make the film any less â€Å"real'. Well, perhaps this is not 100% accurate. If there ever was a major flaw found in THE MATRIX REVOLUTIONS it would be that the world of the story deviates from the earthen realness of the original film and delves into the â€Å"space opera† genre. There is nothing inherently wrong with this approach although it does make the themes of the film less striking. However, the themes of â€Å"what makes a human† remain as the central focus of the film never deviates from the human struggle for self-actualization. That is a powerful theme no matter how it is presented. Personally, I found the first film in the trilogy to be a brilliant exercise in science-fiction mainly because its mix of realism and surrealism made the film a unique experience. The shift to action-adventure in the third film was somewhat disappointing but the film was still a quality work. Ultimately, it is the themes that appealed to me the greatest and this is why I consider these two films seminal works in the science-fiction genre. Bibliography Hanley, Richard. (2006) â€Å"The Philosophy of THE MATRIX.† Retrieved April 15, 2008 from  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   http://www.onwardoverland.com/matrix/philosophy.html#reflect Takle, Brian. (2006) THE MATRIX REVOLUTIONS EXPLAINED. Retrieved April 15,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   2008, from http://wylfing.net/essays/matrix_revolutions.html                  

Can negotiations occur without trust

Can negotiations occur without trust BY Richer The nature of negotiation and its process constitutes a number of various factors that leads to an effective or ineffective process and outcome. One of the primary purposes of a negotiation is to come an agreement with another party by exchanging offers and to find solutions to a common issue, â€Å"whenever we cannot achieve our objectives single-heartedly' (Thompson, 2009).Some believe that in order to conduct a negotiation, trust is an utmost important factor as negotiators depend on the information provided by the other party, on the outcomes to which the parties omit throughout the negotiation process, and on the other party to deliver the commitments (Licked, Poplin, 2013). This essay aims to discuss whether trust is a precondition for negotiation. As such, it will attempt to reach to a deeper understanding of trust in a negotiation, before understanding how it may influence the outcome, and whether a negotiation may take place be tween us and the people whom we do not trust.Examples of trust and distrust within negotiations are given, before the essay will conclude with reasons why it is impossible to successfully negotiate with people whom we do not trust. Trust is commonly defined as a confident and positive expectation of the actions of another party (Lessons, Smith, 2012). Trusting gives us the assumption that the other party would meet the expectation by considering our welfare and honoring their commitment towards the agreement.Trust in negotiations, like in any other independent relationships, is characterized by dependency and vulnerability to the other party. Trust in this case, according to Lessons, implies to the positive expectation to sought common solutions to create value, integrate interests, and find mutually beneficial solutions (Lessons, Smith, 2012). This brings us to the characteristic of an integrative negotiation, which seeks to create value and achieving joint gains. In such cases, ne gotiators are in dependence to each or one another for the sharing or exchange of information.According to Licked and Poplin, even though a negotiator may have a certain level of doubt in the other party, he or she still has to have at least a bit of trust, otherwise, it may be impossible to accept anything the other party says at face value or reach a viable agreement (Licked, Poplin, 2013). As a result, being constantly afraid and doubtful with what is being shared would not low us to take a step further. This is further aggravated by the fact that negotiators may not be able to verify the received information.Here, trust is more about acceptance rather than further scrutiny and serves as stepping-stones to have an exchange of information during the negotiation process. Without trust, we are not able to move on further to create solutions and agreements based on the information received. As such, the negotiation is impossible to proceed further due to an absence of trust. In a neg otiation, many parties tend to focus on positions, not interests. The relevance f how interests could halt a negotiation seems to interlink with the problem of having trust.If we do not trust the other party, we lack an openness to share our objectives and understand their interests in the negotiation. In an example of the story shared by (Fisher, Our, 2006), two men were in conflict in a library as one wanted the window open and the other wanted it closed. Both could not come to an agreement on how much to leave the window open. When a third party, the librarian asked why both mean wanted it closed or open, one shared that he wanted to get fresh air, but the other wanted to avoid the draft (Fisher, Our, 2006).Here, we can see how both men focused on the position, the â€Å"what†, and not each other's interests, the â€Å"why'. As such, we can see that without understanding each other's interest, both men came into conflict and could not negotiate on a solution. As a result, it then becomes virtually impossible to really identify or appreciate the problem that actually needs to be addressed (Fisher, Our, 2006). To build on this, trust is extremely important as it serves as a foundation for understanding each other's interest before working on the solutions or agreements.Without trust, both parties will not seek to understand each other, and end up being fixated on their positions due to their own interests. This prevents both parties to successfully negotiate on the issue. In order to negotiate, trust is important in order to avoid retaliation due to a conflict of views and ideas. Without trust, every solution and idea will be met with suspicion and skepticism. This lack of trust not only inhibits cooperation and successful negotiation, it may also result in retaliation that causes the escalation of conflict (Coleman, et al. 2000). In addition, according to (Kramer, 1994), this may even result n paranoid cognitions in which one may feel that he or she is subject to the other party malevolence. These perceptions may then drive him or her to the point of hyper vigilance and rumination, resulting in a faulty diagnosis of the result of working with the other party (Licked, 2006). As such, conflicts would then arise, as the negotiator would increasingly focus on his or her position, and end up reluctant to come into agreement.The negotiation will then come to an impasse as both sides end up using their negative perceptions to retaliate each other, causing the conflict to escalate beyond control. As explained above, trust seems to be indispensable in order to negotiate. However, according to a writer Bonnie Change, claiming trust is necessary for all negotiation seem to be an overstatement as the significance of trust is culture and context specific (Change, 2009). In her example of how two people may conduct a negotiation without trust, she gave a scenario of negotiation with hostage- takers.A negotiator and a hostage-taker do not kno w each other and thus, will not have any trust between them. However, both of them may still engage in a negotiation to lay down the benefits of letting the hostage go. The negotiator's main objective is to talk the hostage-taker into revealing information about him or herself, and find out what kind of concessions to make for the release of the hostage. The hostage-taker's main objective is to use the hostage to obtain what he or she needs, including the escape from the crime.The succession of the negotiation in such cases are a result of the weight of the gains and losses, depending on which side has more power to influence the outcome. For example, if the hostage were to be a high profile person, the hostage-taker would have more power to negotiate through to his or her wants. Therefore, through this example, negotiations may occur even though both parties do not trust each other. According to (Choc, 2013), should there be no trust between two parties, relying on formal legal mec hanisms such as preparing contracts are constructive ways to proceed with a negotiation.These formalized documents remind people of what they had agreed upon and serves as documentation, minimizing miscommunication that may occur if a deal is made based on fertilization. Creation of such agreements usually requires elaborate consequences and penalties for violating the terms of agreement (Licked, Poplin, 2013). These consequences of violation commonly includes penalties such as monetary compensations and mechanisms such as law and the police force will be brought in to become part of the system of enforcement, should any agreements be violated.With a contract to force people to keep to a certain agreement, trust is not required in order for a negotiation to occur. We meet new people everyday, and sometimes, negotiations may occur whether or not we know the person. Of course, trust is not immediately established. Rather, like impressions, our Judgments of trustworthiness can occur ra pidly at the start of a stagnation. This trustworthiness may result from what the negotiator has learned about the other party's reputation. For example, if I wanted to buy something for a shop owner for the first time, I will naturally exhibit skepticism in the shop owner and the quality of the goods.However, if I see a crowd at the shop with people snapping up the items, naturally, I would have the trust in the shop owner that the goods sold would be good. Here, we can see how the reputation of a person may easily create trust in us, towards the other party, even if we were to be meeting for the first time. In addition, many negotiations seek trust as the objective and continue to build trust throughout the negotiation process. In the example of the negotiation with a hostage taker, the negotiator and hostage-taker may have not trust between each other at the very start.However, along the way, trust is built when both sides seek to understand the concessions that they can make, in order to gain what they want. While these initial impressions may also change as a negotiation unfolds, they create a powerful frame for interpreting the other party behavior and also provide a heuristic for duding negotiators' strategy choices (Lessons, Smith, 2012). As such, trust is important to keep a negotiation process going, and it is definitely an important factor to determine the relationship and outcome of the negotiation with the other party.As such, we cannot negotiate with people whom we do not trust. Earlier, contract binding was mentioned as a way where negotiation may occur even if there is no trust between two parties. Here, it is true that the two parties may have no personal trust in each other. However, according to Shapiro, even if there may be o personal trust, an institutional trust, also known as trust in a system, is what is present, leading to the creation of contract making (Shapiro et al. , 1992). With a trust in the legal enforcement system, it also cre ates a deterrence-based trust in order for a negotiation to proceed.Shapiro further added that this is a basic and ‘minimal condition' of trust in all negotiations (Shapiro et al. , 1992). This depends on the consistency in behavior and the threat of punishment if they do not maintain their promises to a certain commitment, and violate the documented agreements. In edition, it also depends on the gains for adhering to the agreements, such as rewards. Thus, the mentioned forms of trust will still be present even if we may have no personal trust.According to (Licked, 2000), even the most complex and sophisticated formal contract cannot stipulate every detail or possible contingency about the deal. Therefore, having personal trust in the other party is still critical. Without personal trust, a negotiation would not occur. This essay aims to discuss whether it is possible to negotiate with people whom we do not trust. Trust in this case, refers to having a positive expectation of the other arty and allowing ourselves to be dependent and vulnerable to the other party.There may seem to be cases where we may not have personal trust in a person and yet will still be able to negotiate. However, as mentioned in the essay, it may seem that trust is not present, but we may have a different form of trust, an institutionalized trust and most definitely, a deterrence based trust to ensure that we do not fall victim to breaches in agreements. The essay may show that it requires trust to form only cooperative agreements. However, likewise in competitive negotiations, it can still occur as deterrence based trust will be present to ensure hat agreements are not breached.As mentioned in the essay, without trust, we will only focus on our own objectives and interests and thus, will not allow the other party to gain anything. As a result, the negotiation will only come to an impasse if agreements cannot be made. In addition, without trust, we will be suspicious and skeptical of the information that is shared with us. This causes us to develop paranoid conditions and result in a conflict instead of being able to negotiate. To conclude, it is certainly critical to have some form of trust in a negotiation. However, it s also good to have relative trust, rather than an absolute trust.Having a fair share of distrust will definitely help us draw caution to what concessions we make. Ultimately, we cannot negotiate with people we do not trust at all. Trust will enable both parties to reach a solution that is needed or accepted by both sides, when we are not able to achieve them on our own.

Worked Chemistry Problem Examples

Worked Chemistry Problem Examples This is a collection of worked general chemistry and introductory chemistry problems, listed in alphabetical order. Included are printable pdf chemistry worksheets so you can practice problems and then check your answers. You may also browse chemistry problems according to the type of problem. Alphabetical Index of Chemistry Problem Types Absolute ErrorAccuracy ReviewAcidBalancing Redox Reactions and TutorialBalancing Redox Reactions in a Basic SolutionBalancing Redox Equations- TutorialBohr Atom Energy LevelsBohr Atom Energy ChangeBoiling Point ElevationBond Energies EnthalpiesBond PolarityBoyles LawBoyles Gas LawCalorimetry Heat FlowCarbon-14 DatingCelsius to Kelvin Temperature ConversionCharles Gas LawClausius-Clapeyron EquationConcentration and Molarity- Determine a Concentration From A Known Mass of Solute Concentration and MolaritysDaltons Law of Partial Pressuresde Broglie Wavelength CalculationDensity CalculationDensity of a Solid and a LiquidDensity Example Problem- Finding Mass From DensityDensity of an Ideal GasDiamagnetismDilutions from Stock SolutionsElectron ConfigurationElectron Volt to Joule ConversionElectronegativityEmpirical FormulaCalculate Empirical and Molecular Formula of a CompoundEnthalpy Change - Enthalpy Change of a ReactionEnthalpy Change - Enthalpy Change of a Reaction of a Given MassEnthalpy Change - Enthalpy Change of WaterEntropy CalculationEntropy ChangeEntropy of ReactionEquation of a LineEquilibrium ConstantEquilibrium Constant for Gaseous ReactionsEquilibrium ConcentrationExperimental ErrorFeet to Inches ConversionFree Energy and PressureFree Energy and Reaction SpontaneityFormal Charge - Lewis Structure Resonance StructuresFreezing Point Depression Frequency to Wavelength ConversionGrahams LawGram to Mole ConversionGuy ProblemIdeal Gas LawIdeal Gas Problem Problem–Unknown GasIdeal Gas vs Real GassIonic Bond from ElectronegativityIsotopes and Nuclear Symbols 1Isotopes and Nuclear Symbols 2Joule to Electron Volt ConversionLaw of Multiple ProportionsLength Conversion- Angstroms to MetersLength Conversion- Angstroms to NanometersLength Conversion- Centimeters to MetersLength Conversion- Feet to KilometersLength Conversion- Feet to MetersLength Conversion- Kilometers to MetersLength Conversion- Miles to KilometersLength Conversion- Millimeters to CentimetersLength Conversion- Millimeters to MetersLength Conversion- Micrometers to MetersLength Conversion- Nanometers to MetersLength Conversion- Nanometers to Angstroms Length Conversion 2Mass Relations in Balanced EquationsMean of a Set of NumbersMean, Median, Mode and Range ExampleMolalityMolar MassMolarityMolarity to PPM ConversionMole 2pH of a Strong AcidpH of a Strong BasePhosphate Buffer PreparationpOH CalculationPolyprotic Acid pH Population Standard DeviationPrecision ReviewPredicting Formulas of Compounds with Polyatomic IonsPredicting Formulas of Ionic CompoundsPrepare a Solution (Molarity)Pressure Conversion 2Protons, Neutrons, and Electrons in Atoms/IonsRadioactive Decay 1Raoults Law 2Raoults Law 3Rate of Radioactive DecayRates of ReactionReactions in Aqueous SolutionReaction QuotientRedox ReactionRelative ErrorRoot Mean Square Velocity of Ideal Gas MoleculesSample Standard DeviationScientific NotationSignificant FiguresSimplest Formula from Percent Composition Solubility from Solubility ProductSolubility Product from SolubilityTemperature ConversionsTemperature Conversions- Kelvin to Celsius FahrenheitTemperature Conversions- Celsius to FahrenheitTemperature Conversions- Celsius to KelvinTemperature Conversions- Kelvin to CelsiusTemperature Conversions- Fahrenheit to CelsiusTemperature Conversions- Fahrenheit to KelvinTemperature That Fahrenheit Equals CelsiusTheoretical YieldTheoretical Yield #2Titration ConcentrationUncertaintyUnit Cancelling- English to MetricUnit Cancelling- Metric to MetricUnit ConversionsUnit Conversion- What Is The Speed Of Light In Miles Per Hour?Vector Scalar ProductVolume Conversions- Cubic Centimeters to LitersVolume Conversions- Cubic Feet to Cubic InchesVolume Conversions- Cubic Feet to LitersVolume Conversions- Cubic Inches to Cubic CentimetersVolume Conversions- Cubic Inches to Cubic FeetVolume Conversions- Cubic Meters to Cubic FeetVolume Conversions- Cubic Meters to LitersVolume Conversions- Gallons to Li tersVolume Conversions- Cubic Inches to Liters Volume Conversions- Fluid Ounces to MillilitersVolume Conversions- Liters to MillilitersVolume Conversions- Microliters to MillilitersVolume Conversions- Milliliters to LitersVolume PercentWavelength to Frequency Conversion Chemistry Worksheets (pdf to download or print) Metric to English Conversions WorksheetMetric to English Conversions AnswersMetric to Metric Conversions WorksheetMetric to Metric Conversions AnswersTemperature Conversions WorksheetTemperature Conversions AnswersTemperature Conversions Worksheet #2Temperature Conversions Answers #2Moles to Grams Conversions WorksheetMoles to Grams Conversions AnswersFormula or Molar Mass WorksheetFormula or Molar Mass Worksheet AnswersPracticing Balancing Chemical Equations- WorksheetBalancing Chemical Equations- AnswersPracticing Balancing Chemical Equations- Worksheet #2Balancing Chemical Equations- Answers #2Practicing Balancing Chemical Equations- Worksheet #3Balancing Chemical Equations- Answers #3Common Acid Names Formulas- WorksheetAcid Names and Formulas- AnswersPractice Calculations with Moles- WorksheetMole Calculations- AnswersPractice Mole Relations in Balanced Equations- WorksheetMole Relations in Balanced Equations- AnswersGas LawsGas Laws AnswersGas Laws Answers- Shown WorkLimiting Reagent- Worksheet Limiting Reagent- AnswersCalculating Molarity- WorksheetCalculating Molarity- AnswersAcid Base pH- WorksheetAcid Base pH- AnswersElectron Configurations- WorksheetElectron Configurations- AnswersBalancing Redox Reactions- WorksheetBalancing Redox Reactions- Answers

Bus Essay Example | Topics and Well Written Essays - 250 words

Bus - Essay Example Plainly, this is the adjustment period of a team. d. Performing – the stage where each team member has already adjusted with each other and can already work together. Each team member can now disagree constructively because they are now fully adjusted with each other (Zenger, n.d.). Typical example is a new student where he or she has to adjust to the members of the class. In the class, the new student is anxious on how he or she would fit in and gain new friends (forming). Eventually, differences of personality between him or her and other member of the class emerges which usually leads to clashes or conflicts (storming). Then each member of the class found a way to avoid such conflicts and adjust with each other (norming). Finally, each class member has fully adjusted with each other and are able to carry group projects smoothly (performing). Zenger, John G. et. al. (n.d.).FOUR PHASES OF TEAM DEVELOPMENT: Forming-Storming-Norming-Performing. Leading Teams. Business One Irwin, 1818 Ridge Rd., Homewood, IL 60430. Available at http://www4.uwsp.edu/centers/sieo/documents/pdf/leadershipLibrary/FOURPHASESOFTEAMDEVELOPMENT.pdf. retrieved on January 23,

Potential reasons for the increase of gas prices Essay

Potential reasons for the increase of gas prices - Essay Example It is not believed by everyone, but it is a fact that the total quantity of crude oil is not utilized for the production of gasoline. Gasoline is produced by converting only fifty-one percent of an oil barrel. Subsequently, heating oil, jet fuel, refinery gas, and a number of other oil products are produced by rest of the oil barrel. In the result, the role of a high demand commodity is played by the oil, and as oil is not produced by most of the countries, import of oil has been a regular and necessary practice in most parts of the world. (Jaffe, pp. 23-25, 2006) This also results in the increase in the high prices of the oil and gas around the globe. Thus, fluctuation of prices can vary due to the demand and supply of different countries in a global oil and gasoline market. For instance, a flourishing economy has been represented by China, which has resulted in its high requirement of oil, as compared to its oil and gas requirement in the previous years. In the result, crude oil becomes shortage due to an increment in its global demand, and consequently, gasoline, jet fuel, lubricants, and prices of similar products become high. Therefore, increase in the demand of oil in a stabilized and economical country can affect the price of gasoline in other countries of the world. Thus, fluctuation of oil demand and supply is another potential factor that results in the higher prices of gasoline and other oil products in different regions of the planet.