Saturday, December 28, 2019

The Issue Of Gun Control - 1058 Words

There hardly exists a more divisive issue in the political and media landscape across the United States currently than that of gun control. Advocates on either side of the issue are quick to voraciously fight for what they believe, as well as to tear down anyone who sees the issue differently. But unlike other issues, it seems that gun control advocacy does not rest on a spectrum; either you are pro-gun control or you are against it, and anyone caught in the middle is likely to get flak from both sides. But why is the issue of gun control such a hot topic? And why is it that there seems to be no room for compromise? The reason the issue of gun control is so heated is because it’s not just another frenzied debate; it’s a battle. This battle of gun control isn’t an emerging one, it has been present ever since the signing of the declaration of independence. If there is one thing that the American people hold dear it is the rights inherently granted them by the constitution and any attempt of infringement on these rights is sure to cause an immediate and considerable uproar. Ultimately the debate of gun control all started with the second amendment to our constitution. And so the amendment reads, â€Å"A well regulated militia, being necessary to the security of a free State, the right of the people to keep and bear arms, shall not be infringed† (Lund). Debates over the verbiage of this amendment focus on whether this speaks of the right of private citizens to bear arms orShow MoreRelatedGun Issue And Gun Control1401 Words   |  6 PagesUniversity, Gun Politics has been a course I have aspired to take. While many enroll in such a course looking for an escape from the â€Å"collegiate libera l echo chamber† or as an outlet for their conservative agendas, I saw the class as an â€Å"entrance to the dark side.† My views on guns prior to the class were, I would call, polarized yet uninformed. In most of my discussions, I would cite the Australian 1996 National Firearms Agreement as precedent for how American politicians should approach the gun issueRead MoreThe Issue Of Gun Control Essay1646 Words   |  7 Pagessomebody who wants to inflict harm on other people to get his or her hands on a gun.† (Simple Minded Gun Control). Gun control is a controversial issue worldwide. The reason why this has attracted so much attention is because not everyone is in favor of gun control and each side brings up excellent points about the issue. Research related to this issue strongly supports the claim that there SHOULD be more gun control laws. Three arguments that prove this position are (1) Incidents like Sandy HookRead MoreThe Issue Of Gun Control1489 Words   |à ‚  6 Pagessplit on the issue of gun control. We have seen many violent shootings and innocent people dying because of gun violence. Some Americans believe we need strict gun laws to protect our children and ourselves from these horrific tragedies. Other Americans believes it is our rights as Americans to posses’ guns and we are entitled to that right in our constitution. There are also some Americans that are stuck in the middle and can see both sides but recent events have definitely caused this issue to be inRead MoreThe Issue Of Gun Control1031 Words   |  5 Pagesintegrate them in a way that will trigger a new viewpoint on the subject. Gun control is something that should be enforced across the world in order to save lives. In the United States there is a ratio of 88.8 guns per one hundred persons (GunPolicy.org). Those numbers award us with the highest total per capita number in the world. With that amount of firepower there needs to be an efficient way to regulate who exactly can purchase a gun. Since 1791 when the second amendment was ratified there have beenRead MoreThe Issue Of Gun Control1705 Words   |  7 Pagesaway without preface or reason. All someone needs to do is pull the trigger. In today’s world, guns are far too accessible to the people of society. We hear in the news, stories of mass shootings, homicides, and suicides; most of which are caused by the activation of a gun. A hot-button issue, gun control is one of the most debated topics in American politics. Should we, or should we not, be able to own guns? Although it infringes on the Second Amendment that provides the right to bear arms, this amendmentRead MoreThe Issue Of Gun Control951 Words   |  4 PagesGun control has been a big topic for the past decade in the united states. These debates will rise and fall time in and time out after something horrific happens in the state. Anti-Gun supporters do not realize that it is extremely difficult to regulate something in the states that is a big portion of our economy.Would stricter gun laws change anything? So far statistically It has been proven otherwise one must consider how a citizen would defend themselves when they are faced with terror. How willRead MoreThe Issue Of Gun Control929 Words   |  4 PagesGun Control Getting arrested yesterday was not the highlight of my week. I was hungry; so I went to Wal-Mart get some charcoal, lighter fluid, and steak. I put the charcoal in the grill and the lighter fluid on the coals. I got a little lighter fluid on my arm, but I didn’t pay it much attention. I lit the match and threw it on the coals. I looked down and my sleeve was on fire. I was waving my arm in the air, trying to put it out. Then here they come the police pulled in and tackled me to theRead MoreThe Issue Of Gun Control1552 Words   |  7 PagesThe issue of gun is always controversial. Firearm can be used as defending or an assaulting weapon. In United States, firearm increase the rate of homicide, suicide and gun violence, which can harm and murder people. Moreover, taking away people’s gun will not work effectively because the murder and criminal will find another ways to get guns. Also, the black market will appear for the people who cannot get guns from regulated market s. In addition, if regulated guns are banned, murderers may useRead MoreThe Issue Of Gun Control1678 Words   |  7 PagesJanuary 2014 The 2nd Amendment Over the past few years, the issue of gun control has been widely discussed. You surely have heard the phrase, â€Å"Guns don’t kill people, people kill people† uttered and i wholeheartedly support this statement. It is important to treat guns responsibly so they do not end up in the wrong hands. I believe gun control violates our inalienable rights. Another piece of our liberty will surely be taken away if guns are banned, and socialism and totalitarianism will be rightRead MoreThe Issue Of Gun Control1208 Words   |  5 PagesWill Christopherson Traverson English 2 1 March 2017 Gun Control The United States has 88.8 guns per 100 people, or about 270,000,000 guns, which is the highest total and per capita number across the globe. The current public gun control debate in the United States seems to be placed on standby until it is sparked up by a major mass shooting. There were at least 126 mass shootings between January 2000 and July 2014.(pro). Opponents of more gun laws accuse supporters of using a horrific event to further

Friday, December 20, 2019

Tom’s Of Maine Case Study - 787 Words

1. How should management accommodate a variety of conflicting spiritual perspectives in the workplace? An employer is required by law to reasonably accommodate a religious request unless the request presents undue hardship on the business. The trick is to make sure that the organization allows for each religious request on an equal basis. A good example of working to avoid the tensions and conflicts that might arise by mixing religion and work is the Ford Interfaith Network (FIN) which operates within Ford Motor Company. The Interfaith Network has a representative from each religion on the network’s executive committee. Questions about another member’s faith is asked and answered through formal channels developed by the Interfaith†¦show more content†¦177) 4. What risks might an organizational encounter when encouraging the expression of spiritual values in the workplace? What are its advantages? Tom’s of Maine might have risks involving the lack of understanding between employees and the company’s vision. However to avoid the Chappell’s believe that â€Å"there is a difference between requiring a workforce to embrace one’s religious beliefs and empowering all employees through a spiritual framework.† (p. 179) One advantage would be the Chappell’s setting the example. They are committed to donating 10% of the company’s pre-tax profits to nonprofit organizations. By giving back to their community (county, state, nation and world) they are a shining example of what they would like their employees to do. They also encourage their employees to do this by providing a â€Å"generous benefit package, including four weeks of parental leave for both mothers and fathers, as well as offers flexible work schedules, job sharing, and work-at-home programs. Child-care and elder-care referral service is provided, and child care is partially reimbursed for employees earning less than $32,500 annually.† (p. 178) References Canas, K., Harris , S. (2014). Opportunities and challenges of workplace diversity : theory, cases and exercises. (3rd ed.). Upper Saddle River, NJ : Pearson Education,Show MoreRelatedToms of Maine Case Study666 Words   |  3 PagesToms of Maine Case Study Organizational culture is the basic pattern of shared assumptions that have been created by the corporation to enable the employees in the organization to have a shared norm. There are varied sources for the development of the organizational culture; they include the following-the general influence from the external environment, the factors that are specific to the organization and the influence of the values that exist in the society such as the spiritual perspectiveRead MoreTom of Maine1461 Words   |  6 PagesCASE STUDIES CASE: Tom’s of Maine: â€Å"Doing Business† Means â€Å"Doing Good† Questions: 1. Does the Tom’s of Maine experience prove that one can â€Å"do business with principles,† or are there business realities that make it hard for others to copy this principled management model? Yes, because what Tom’s of Maine did is that they made their employees appreciate and apply the principles that Tom and Kate believed in. Despite some of the mistakes that they did, they were not afraid to tryRead MoreBurts Bees Market Opportunity Factors Essay752 Words   |  4 PagesDefinition Burt’s Bees is the leader in the Natural Personal Care Products markets, with annual revenue of $61M. According to Hoover’s (2013), Burt’s Bees Top 3 competitors are: 1) The Proctor Gamble Company 2) Nature’s Sunshine Products 3) Tom’s of Maine Burt’s Bees demographic target market for the majority of their product line is educated females between the ages of 18-34 (Gnolfo, 2010). As an example of the target market opportunity in the United States, using U.S. Census (2010): 2010 CensusRead MoreEssay about Uncle Toms Cabin and the Grief of Harriet Beecher Stowe3451 Words   |  14 Pagestuberculosis. Later at age 38, she lost her infant son Charley to an outbreak of cholera. Together these two traumatic events amplified her condemnation of slavery and ultimately influenced the writing of one of Americas most controversial novels, Uncle Toms Cabin. On June 14, 1811 Harriet Beecher Stowe became the seventh child born into the religiously devout family of Lyman and Roxana Beecher. Lyman Beecher was a highly respected, but poor clergyman. Roxana, raised in culture and refinement, humblyRead MoreFour Organizational Culture Types2686 Words   |  11 Pagesresearchers identified thirty–nine important indicators. While such a list is helpful, it is still impractical for organizations to account for so many dimensions. Realizing this, Robert Quinn and John Rohrbaugh (1983) reviewed the results of many studies on this topic and determined that two major dimensions could account for such a broad range. Their Competing Values Framework combines these two dimensions, creating a 2x2 matrix with four clusters. discretion, and dynamism at one end of the scaleRead MoreAmerican Revolution and Study Guide Essay example5377 Words   |  22 PagesChapter 2 Study Guide Questions â€Å"The Planting of English America† 1. Discuss English treatment of the Irish and its consequence (10pts) 2. What lessons do you think English colonists learned from their early Jamestown experience? Focus on matters of fulfilling expectations, financial support, leadership skills, and relations with the Indians. What specific developments illustrate that the English living in the plantation colonies tried to apply these lessons? (25 pts) 2. Compare and contrastRead MoreStarbucks Performance Management5640 Words   |  23 Pagesresearch findings were of a secondary nature. The information was gathered through massive readings, but not through primary research-gathering processes. This study only reviews the performance of one major corporate entity, which reduces the justification of generalizability. Suggestions for future research would be: applying primary studies on a broader sample of globally operating entities to measure their spiritual performance; and formulating particular standards for this type of measurement.Read MoreChapter 1 ....Introduction to Organizational Behavior8028 Words   |  33 Pagesshould know more about it, highlight some of the trends inï ¬â€šuencing the study of organizational behavior, describe the anchors supporting the study of organizations, and introduce the concept that organizations are knowledge and learning systems. The Field of Organizational Behavior Organizational behavior (OB) is the study of what people think, feel, and do in and around organizations. OB researchers systematically study individual, team, and organizationallevel characteristics that inï ¬â€šuenceRead MoreConstraints and Challenges for the Global Manager13619 Words   |  55 Pagesto tell whether elementary school-aged children and younger are part of this demographic group or whether the world they live in will be so different that they’ll comprise a different demographic cohort. Demographic age cohorts are important to our study of management because, as we said earlier, large numbers of people at certain stages in the life cycle can constrain decisions and actions taken by businesses, governments, educational institutions, and other organizations. But demographics doesn’tRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesOrganizational Behavior Comp rehensive Cases Indexes Glindex 637 663 616 623 Contents Preface xxii 1 1 Introduction What Is Organizational Behavior? 3 The Importance of Interpersonal Skills 4 What Managers Do 5 Management Functions 6 †¢ Management Roles 6 †¢ Management Skills 8 †¢ Effective versus Successful Managerial Activities 8 †¢ A Review of the Manager’s Job 9 Enter Organizational Behavior 10 Complementing Intuition with Systematic Study 11 Disciplines That Contribute to

Thursday, December 12, 2019

Recruitment Challenges for Skills and Experiences - myassignmenthelp

Question: Discuss about theRecruitment Challenges for Skills and Experiences. Answer: Introduction: The procedure of recruitment is the probing process for hiring the potential employees or the labor force for an organisation which is extremely prepared with the desired understanding, skills and experiences that are suitable for the exact job place in an organisation. Variety of changes is been experiential in the staffing industry as an outcome of the changes in the financial system and the progression in the expertise that altered the companys technique of hiring the workers for the company (Nazari, 2014). The human being resources administration of the corporation is facing a lot of challenges while the employment of the labor force in the company. Report will discuss the definite key difficulties and the challenges such as the organisational issues as and the demographic issues that are faced by the company IBM at some point in the employment of the workers. The description shall also build up an understanding of the employment strategy that the business is to put into practice refer the successful employment process. Recruitment Challenges: The trade companies as per the present scenario are searching out for adding up of innovative and latest capabilities in their trade industry, companies have realised the fact that gone are the days when the companies were progressing based upon the old methods working, now these companies are to remain updated as per changes and requirements of the clients, but to accomplish such capabilities the companies are to face so many hurdles and many kinds of competitive challenges(Nazari, 2014). One of the major challenges that the company faces is the construction and supporting the physically powerful aptitude in the company. To carefully and at the uptmost level realising and finding out of talent within the company is very vital, leveraging the skill of the in progress employees and attracting the new-fangled labour force wants a certain strategy which build up the talent organization tactics which successfully contribute in retaining of workers, attracting and gratifying the top outpu t performance staff (Zarei Wong, 2014). Worker assortment is to be done subsequent to the understanding his competencies plus the inborn skills; giving the workers proper opportunities to show their worth, where the labour force can advantage the company with their talent, hard work, and skills. Employment of the correct applicant for the accurate place will assist in the growth of the company with the fault free atmosphere (Domingues, Alderman Cadenhead, 2011). Employment of the personnel with the improved skills will assist in promoting the nimbleness, resilience, and adaptation. The big pools of the aptitude are to recognize for this the accumulation of application is to be qualified plus screened. The most accurate and the preferred skills are to be harmonized with the accurate kind of job opportunities (Zarei Wong, 2014). The victorious candidates are skilled before incoming into in their new task jobs. The policy which the person resources of the IBM put into practice for the attainment of the labor force with the aptitude is to set up the most favourable long term approach for mounting, connecting, attracting plus deploy of the labor force (Gilani Jamshed, 2016). Sourcing the workers as per the requirements and the obligation of the trade, on the extra hand over also fulfilling the labor force needs for job happiness, inspiration, and expansion. With this IBM to attain the quantifiable, apparent and the sustainable alter within the company plus maintaining the permanence of the everyday activities (Gilani Jamshed, 2016). Administration diversity is an additional confront that is generally faced by the IBM human being a resource; organization diversity in a company is termed as the most underestimated tackle that confronts the HR (Ursula Huws, 2016). The augmented globalisation has resulted in the overall internationalisation of the workers plus the growing demand of the aptitude results to appoint the labor force for the company. The place of work variety of the corporation includes the civilization, age, bodily abilities, gender, contest educational backdrop, sexual compass reading, geographic site, marital position, profits, parental position, religious attitude, and experience. The measurement of the varied personnel challenge includes the integration of the company culture to accommodate the variety plus the sensitivities in the midst of the individuals (IBM Blue Gene team, 2013). To imagine internationally and to do something locally, being receptive towards a civilization of the district, adapt ing the communal obligation of the concerned society and comply with the acute legislation correlated to the local workers. The main confront for the HR of the IBM is the elderly labor force. The open-minded situation pensions in adding up to the progressive turn down in the birth rates have further exacerbated the elderly issue in a lot of countries (IBM Blue Gene team, 2013). The companies find it hard to employ the new workers having positive disciplines. Even on recruiting the capable staff, the company requires further preparation of the new workers for growing the output. With the mounting age, just a few workers choose to stay in the labor force. Redirect recruit and sourcing. The company is very rapidly faced with a lack of workers from the employment pools whereat they may at times draw youthful aged employees. To get in touch with the mature workmen, the organisations might conduct over and approximately 50 workshops at the domestic work employment centres or the places, provide beleaguered benefits like special kind of leave that is unpaidplus it is known as the unpaid ancestor leave and look outwardly so as to recognize the retire labourers or the professionals who desire to do the limited time and small-term responsibilities (Mgge, 2016). Make hard work to keep hold of the valued employees by option work arrangements and practices. while a number of companies do appoint the aging workmen, at the similar occasion there are a lot of companies which are developing option task alternatives, similar to the part time job schedules. The corporations are necessary to travel around, at occasions and when appropriately suitable, submit the use of telecommuting as this shall help to retain the grown-up personnel. cautiously administrating the preparations plus the communities of employment habits may also assist to give confidence to the accomplished or the grown-up staff to get ahead of suitable information to the newer and the next age group employees (Mgge, 2016). Assist older workmen efficiently make use of the knowledge refers the place of work. A main and extremely ordinary misperception that happens to be in the mind is that the elder personnel have with their knowledge and sensible information much more skills, learning and adopt refer the most recent new technology in contrast to the recently amalgamated staff. But on the further side, manifold review and studies have obviously come up with the consequence that the fresh workmen do respond at the call of the company in an excellent manner as they are new-fangled and have an ambition to go up and labor hard so as to construct a brilliant future for t hemselves (Mgge, 2016). Tungli and Peiperl in the year 2009 stated that the main obstruction refers the effectual employment are the educational differences, demographic attitude, supporting factors, financial and the racial discrimination factors. The demographic viewpoint is measured to be a confront which is witnessed plus is also practiced at the Human resource management and there is a strong demographics faith in some of the countries. Refer some imperative evidences that have been passed out by Bjorkman and the Lerwick in the last decade, so a lot of the nations consider that the chief place of the MD, CEO or of the other senior officials is to be engaged or chaired by the old or the elderly people as this populace have lot of realistic and age experiences in life and they have vast acquaintance as well to discover the market trends and competition ethics (Mgge, 2016). Refer one more survey, that has been organised by the Bjorkman and Lerwick (2007) evidently affirmed and exposed that presently 20% o f the employees in the state of the USA has got the chairmen, who are above the age of fourty years, the majority of them are yet just thirty five years by age as well (Domingues, Alderman Cadenhead, 2011). The demography matter to a huge degree affect the HR administrators in the nation of Nigeria as they consider and belive on the ability, truthfulness, pathway record and skill etc as the major factors refer a creative workers in any managerial organisation. Recruitment Strategies: The staffing policy is mainly what shows and settle on the precise excellence of a personnel associate who has been recruited for any association. In case a lot of low outcome or poor employees member are recruited in nonstop series, in such a state the plans are to be rethought (Domingues, Alderman Cadenhead, 2011). The organization is required to be much quicker and serious refer their policy and plans at each and every stage when the financial system is helpful and good so that to allow them give out an exceptional performance and convince their workers to remain retained. Approximately all are conscious of the essential customary strategies, similar to the use of confidential job fair and advertisement. But utmost of the companies are captivating use of the non-traditional tactics and plans akin to the cold calls, credit lists, billboards, former employees, group interviews, contests, head-hunters, interns, Internet search to astral the applying candidate of a variety of mentors, multimedia work descriptions, businesses favored lists, open house, previously unnoticed applications, specialized organizations, personalized donations, staffing managers, public proceedings, scholarships, referral incentive, special-interest associations and social system sites. The progressive companies also do make use of the latest media and the communal strategies so as to aim the majority able or the most excellent job applying, applicant to meet their staffing requirements, this applicant is lured to do the job with them and are also presented high salary. These emplo yees are real worthy ones as they have new ideas, plus are full of energy and aspiration to grow along with the company they work for. The outcome is huge and also as desired and planned. The motive is easily accomplished in such situations. Conclusion: Therefore, to conclude, provide suitable work opportunities for the personnel to build up and promote their skills. The organisational executives do make out the obligation to revive skills of workers whose official training has expired some time ago. The companies are enthusiastically and cautiously seeking to rapidly transfer the casual skills that have not at all been trained and that are significant in the work situations, contribute to facilitating the coexistence of a variety of generations (Stichler, 2005). The company shall only and only be able to achieve their pre planned goals if the workers, the policies made and the monetary requirements of the company is met well in time, the coordination of the workers is a must. Proper working environment, availability of resources, timely appreciation of the outstanding employees is also a must. The appreciation helps and boosts up the newcomers to even perform and come up with bright colours. Joint business calls shall also help the newcomers to get confidence (Stichler, 2005). References Domingues, I., Alderman, T., Cadenhead, K. (2011). Strategies for effective recruitment of individuals at risk for developing psychosis.Early Intervention In Psychiatry,5(3), 233-241. https://dx.doi.org/10.1111/j.1751-7893.2011.00278.x Gilani, H., Jamshed, S. (2016). An exploratory study on the impact of recruitment process outsourcing on employer branding of an organisation.Strategic Outsourcing: An International Journal,9(3), 303-323. https://dx.doi.org/10.1108/so-08-2015-0020 IBM Blue Gene team. (2013). Design of the IBM Blue Gene/Q Compute chip.IBM Journal Of Research And Development,57(1/2), 1:1-1:13. https://dx.doi.org/10.1147/jrd.2012.2222991 Mgge, L. (2016). Intersectionality, Recruitment and Selection: Ethnic Minority Candidates in Dutch Parties.Parliamentary Affairs,69(3), 512-530. https://dx.doi.org/10.1093/pa/gsv060 Nazari, K. (2014). Talent Management and Recruitment Strategies.Mediterranean Journal Of Social Sciences. https://dx.doi.org/10.5901/mjss.2014.v5n20p3085 Stichler, J. (2005). Recruitment and Retention Strategies.AWHONN Lifelines,9(5), 404-407. https://dx.doi.org/10.1177/1091592305283157 Ursula Huws. (2016). Logged labour: a new paradigm of work organisation?.Work Organisation, Labour Globalisation,10(1), 7. https://dx.doi.org/10.13169/workorgalaboglob.10.1.0007 Zarei, M., Wong, K. (2014). Making the recruitment decision for fresh university graduates: a study of employment in an industrial organisation.International Journal Of Management And Decision Making,13(4), 380. https://dx.doi.org/10.1504/ijmdm.2014.065357

Wednesday, December 4, 2019

Concepts of Economics Economics for Business

Question: Discuss about the Concepts of Economics and Economics for Business. Answer: Introduction The two most fundamental concepts of economics are termed as demand and supply. Demand and supply are considered as the backbone of the market economy. The quantity of a good or a service that is desired by the purchasers is termed as demand. Demand refers to the amount that the consumers are willing to buy at a certain price. On the other hand, supply refers to the quantity that can be offered by the market (Bowen Sosa, 2014). In this case, the demand and supply of the CD will be evaluated and the factors that are affecting the demand and supply sides of the market. Suppose a special edition of a CD of one of the most famous band is released for $30. In this case, the company will take into consideration the previous analysis of the customers. As per the analysis, the company will launch only ten CDs, as the customers will not demand the CDs at a price higher than $30. In this case, the opportunity cost is also too high for the suppliers to produce more. However, if 30 individuals demand ten CDs then it will lead to the increase in the price. This is because, as per the demand relationship, the increase in the demand will lead to the increase in the price (Arnade Cooper, 2013). The increase in the price will lead to the increase in the supply of the CDs. This is because, the individuals are willing to purchase the CDs at the higher price and in order to meet the demand, the supply needs to be increased (Basnet Seuring, 2014). Figure: The Increase in the Demand Leads To the Increase in the Price (Source: Created By Author) In the above graph, it can be seen that the increase in the demand leads to the increase in the price. However, if the demand remains the same in spite of the increase in the supply that is the production of the CDs increases to 40 but the demand is still at 30, then the price will not be increased. This is because the demand is less than the supply. Hence, the producers will lower the price of the CDs. They will try to sell the leftover 10 CDs. Once the price of the CDs is reduced, the individuals will start purchasing the CDs at the lower cost (Mayer et al., 2014). Figure: The increase in the supply leads to the decrease in the price (Source: Created By Author) In the above graph, it can be seen that the increase in the supply leads to the decrease in the price. However, the demand remains the same. Figure: Equilibrium (Source: Created By Author) The graph shows that the Equilibrium point is reached once the supply equals the demand. The factors that affect the demand sides of the market are as follows: Change in income The demand for the CDs will increase if the income of the customers increases. The increase in the income will lead to increase in the demand of the CDs as the CDs are considered luxury goods (Karadja et al., 2014). Advertising The most important factor in this case is advertising, as the demand for the CDs will increase with the help of an effectual advertising. An effectual advertising will lead to the decrease of the competing goods. Changes in Taste and preferences The increase in the demand of the CDs will depend completely on the taste and preferences of the customers. If the customer prefers to listen to the songs that are offered by the company then the demand for the CDs will increase. However, if their taste changes in that case the demand will get affected that is it will decrease (Bohi, 2013). Shift in the demography of the market The demand for the luxury goods like CDs depends completely on the demography of the market. In other words, it depends on the age of the individuals. The youth will prefer to listen to modern songs that will increase the demand for the CDs providing the songs. Expectation Expectation is the factor that alters the demand of the customers. If the customer expects the price of a product to increase in the future, then it will alter their demand. Substitute goods and services If another company also sells CDs and that too by offering the songs that are highly accepted by the population in that case the demand will be affected. The substitutes will act as the competitor for the company. Complementary goods and services The demand for the CDs will decrease if the customer prefers to hear the same songs in the mobile phone. They might prefer to download the songs instead of paying money to purchase the CDs (Cai et al., 2012). The factors that affect the supply sides of the market are as follows: Cost Cost is one of the most vital factors that affect the supply of the product. If the cost of the CDs increases, it will shift the supply curve to the left. The number of producers If the number of companies producing CDs increases, in that case the supply of the CDs will increase. Conclusion It can be thus concluded that the supply refers to the quantity that can be offered by the market and in this case, the suppliers are the producers of CDs. The increase in the price will lead to the increase in the supply. If the demand is less than the supply, then the price will also get decreased. If the income of the customers increases, then the demand will increase. References Arnade, C. A., Cooper, J. (2013). Price Expectations and Supply Response. In2013 Annual Meeting, August(pp. 4-6). Basnet, C., Seuring, S. (2014). Demand-Oriented Supply Chain StrategiesA Review of the Literature.Available at SSRN 2464375. Bohi, D. R. (2013).Analyzing demand behavior: a study of energy elasticities. Routledge. Bowen, W. G., Sosa, J. A. (2014).Prospects for faculty in the arts and sciences: A study of factors affecting demand and supply, 1987 to 2012. Princeton University Press. Cai, G., Dai, Y., Zhou, S. X. (2012). Exclusive channels and revenue sharing in a complementary goods market.Marketing Science,31(1), 172-187. Karadja, M., Mollerstrom, J., Seim, D. (2014). Richer (and holier) than thou? The effect of relative income improvements on demand for redistribution.Review of Economics and Statistics, (0). Mayer, T., Melitz, M. J., Ottaviano, G. I. (2014). Market size, competition, and the product mix of exporters.The American Economic Review,104(2), 495-536.