SWOT Analysis Starbucks :: business marketing

SWOT Analysis Starbucks Strengths †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Starbucks Corporation is a very profitable organisation, earning in excess of $600 million in 2004.The company generated revenue of more than $5000 million in the same year. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  It is a global coffee brand built upon a reputation for fine products and services. It has almost 9000 cafes in almost 40 countries. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Starbucks was one of the Fortune Top 100 Companies to Work For in 2005. The company is a respected employer that values its workforce. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The organisation has strong ethical values and an ethical mission statement as follows, 'Starbucks is committed to a role of environmental leadership in all facets of our business.' Weaknesses †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Starbucks has a reputation for new product development and creativity. However, they remain vulnerable to the possibility that their innovation may falter over time. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The organisation has a strong presence in the United States of America with more than three quarters of their cafes located in the home market. It is often argued that they need to look for a portfolio of countries, in order to spread business risk. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The organisation is dependant on a main competitive advantage, the retail of coffee. This could make them slow to diversify into other sectors should the need arise. Opportunities †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Starbucks are very good at taking advantage of opportunties. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  In 2004 the company created a CD-burning service in their Santa Monica (California USA) cafe with Hewlett Packard, where customers create their own music CD. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  New products and services that can be retailed in their cafes, such as Fair Trade products. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The company has the opportunity to expand its global operations. New markets for coffee such as India and the Pacific Rim nations are beginning to emerge. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Co-branding with other manufacturers of food and drink, and brand franchising to manufacturers of other goods and services both have potential.

George Orwells Nineteen Eighty-Four :: 1984 Essays

George Orwell is the pen name of Eric Arthur Blair, a British writer with political conscience. He was born in India but educated in England at Eton College. He served the Indian Imperial Police in Burma from 1922 to 1927. In sick health, he returned to Europe to live in poverty as a struggling writer. Orwell joined the Republican forces in the Spanish civil war, and wrote a chilling account of this experience. He went on to write many books, mostly autobiographical, and achieved successes as a brilliant writer. 2. SynopsisThe novel takes place in a theoretical and fictional dystopian totalitarian society. The story begins in London on April 4, 1984 after an atomic world war divides the world into three states. London is the capital of Oceania which is run by INGSOC(English Socialism). The controllers are called "The Party." The Party is divided into two sections, The Inner Party, and The Outer Party which are the "Rich" and the "middle-class." There is a third group of people called "The Proles," or "The Proletariat" which are the poor, and considered to be animals by the party. The main leader of this government is Big Brother. The novel is told in third person and partly first person, and is also divided into three parts. In the first part the main character and his conflicts with the world he lives in are revealed. Winston Smith is a bureaucrat who works for the government by altering history at the Ministry of Truth. He begins to ponder the reason things are so bad and commits a terrible crime. In the second part, he falls in love with Julia, and is taken in by a man named O'Brien, a member of the anti-party society called the Brotherhood. O'Brien turns out to be a true member of The Inner Party. Winston and Julia are captured and hauled off to the Ministry of Love (Minilove in Newspeak). Here, during the final part of the story, Winston is incarcerated and rehabilitated by The Party. O'Brien constantly tel ls Winston that Winston is crazy, and that he is trying to help him. During these sessions he reveals the true purposes of INGSOC. The party's goals can be summed up in their mottoes. "WAR IS PEACE, FREEDOM IS SLAVERY, and IGNORANCE IS STRENGTH(Orwell, 7)."3. ThemeUnder the rule of INGSOC, members of The Party are engrossed in their work. It is essential that the government keeps its people happy in order to avoid rebellions and "thought crimes.

Female Authors and the Novel Essay

The contribution of female authors towards the development of the novel is significant. Indeed it can be argued that feminine sensibility plays a key role here. G K Chesterton describes the novel as a feminine art form, and he explains that it is the female eye for homely detail, as well as the talent to depict the intricacies of relationships, that make it so (39). These qualities are important because they serve to counteract the male tendency towards philosophy and idealism. Such tendencies must be overcome because the novel is aiming for an individualistic and democratic voice which is beyond all factionalism. The search for an individual voice had been the aim of literature since the Protestant Reformation. It was the aim too of the Enlightenment; but the practical effect was only to introduce the rigid formality of classicism. So the constraints of the Church had been replaced by just another form of constraint. Such constraints were overcome in the end by the female prose writers, and gradually over a long period. In this respect we will examine the two writers Aphra Behn and Mary Shelley, separated by a century and a half. The former presages the advent of the novel, while the latter perfects the form and paves the way for the great Victorian age of the novel. Classicism was the key barrier to the development of the novel. All efforts towards informality were frowned upon by the stalwarts of Augustan literature, led by Dryden and Pope, so the novel was perforce directed underground. Here it flowered in the hands of the women writers, who were mostly ignored because they concentrated on sentimental romance, and appealing to woman readers alone. Daniel Defoe is now regarded as the first proper novelist, but it is plain to see that he has adopted a form established by the female writers, who produced mostly trifling and salacious romances. Such a description may be applied to Aphra Behn’s Love Letters Between a Nobleman and His Sister, but it is also notable for being the first epistolary novel. Her reputation, however, rests on Oroonoko, a love story involving an African prince captured by slave traders. Though not yet a proper novel, it contains many innovations that point in that direction. Behn assumes a conversational tone with the readers in places, inspiring familiarity. It also contains an omniscient voice of narration, which was to become the most distinctive characteristic of the novel proper. However, she feels obliged to explain her omniscience, and so the narrator is tangentially involved in the story itself. She knows all the incidents in Africa because she has lived the slave plantation and has conversed with the African prince. By the time Mary Shelley writes Frankenstein, the novel form has almost come into its own element, and its history boasts such great novelists as Defoe, Fielding, Richardson, Sterne, Smollet and Austen. Nevertheless, Shelley’s original contribution in not insignificant. The voice of the novel reflects ‘individual expression’, and this has been largely perfected by this point. Shelley goes on to tackle the theme of individualism itself. It is the story of a mad scientist who cuts himself off from the world in order to create a being from assembles and inanimate organs. We discover similarities between the project of the mad scientist and the project of the novelist giving life to his fictional creations. The novelist functions as an individual, and his is probably the loneliest occupation of all. At the same time it is his task to create individuals, purely from the imagination. Shelley’s theme is at heart the mutual dependency of creator and creature. Though she is outwardly concerned with the misuse of science, and of the terrible consequences of mechanization, the underlying theme remains that of individualism. In this sense we may interpret her novel as an exploration of the limits of the novel. In conclusion, female writers can be said to be largely responsible for the development of the novel from the Restoration onwards. The evolution of the novel has avoided the limelight, yet the novel has been the primary vehicle for the advance of individualism. Only with the Industrial revolution and the rise of democracy does the novel burst forth as the principal mode of literature. Aphra Behn and Mary Shelley were key proponents in novel’s development. Works Cited Behn, Aphra. Oroonoko. Ed. Janet M. Todd. New York: Penguin Classics, 2003. Chesterton, Gilbert Keith. The Victorian Age in Literature. Oxford: Oxford University Press, 1966. Shelley, Mary. Frankenstein. New York: Collector’s Library, 2004.

Bless Me Ultima Essay

What will Antonio become when he grows up? A priest? A vaquero? A curandero? A farmer? Antonio’s future is not clear because, at the end of the novel, he has finally decided to choose his own path. Instead of listening to the beliefs of his mother or the desires of his father, he will fulfill Ultima’s encouragement to follow his heart. With this in mind, it seems likely that Antonio will probably become a man of learning according to Ultima, Whether or not this means that Antonio will become a priest as well is uncertain. Considering his questions about religion and morality and his anxieties about sin, it seems as if the life of a priest is not for him. However, no matter what he decides to do when he becomes an adult, the most important thing is that he has learned to make his own path. â€Å"I had more time to spend with Ultima, and in her company I found a great deal of solace and peace.† (Anaya 223) If Antonio found solace and peace with Ultima because of what she did (being a curandera). So why should he give up his solace and peace once she was gone? If becomes a curandero he would give himself solace and peace because of what he would do like Ultima. â€Å"I dropped to my knees; bless me, Ultima† (Anaya 260) Antonio asked to bless him right before she died. Antonio did not ask her to bless him in the name of God but a being a curandera. This seems to make Antonio not believe in God but in the powers of curandera. â€Å"I bless you in the name of all that is good and strong and beautiful, Antonio. Always have the strength to live. Love life, and if despair enters your heart, look for me in the evenings when the wind is gentle and the owls sing in the hills. I shall be with you†(Anaya 261) Ultima’s final blessing to Antonio Her statement also gives Antonio a idea with which to understand her death by offering a sequence of physical objects that he can see as symbols of her life and through which he can continue to feel her presence. Antonio will be without Ultima and will have to make his own choices without her guidance from now on, but she makes it clear in this blessing that her spirit will endure with him and that the lessons she has taught him will still serve him well even after she dies.

Real State in Uae

College of Business Administration(COBA) Master of Business Administration(MBA) Report on Real Estate Business in United Arab Emirates Prepared by: MBA Students 19th December, 2011 Table of Contents EXECUTIVE SUMMARY1 INTRODUCTION2 HISTORY OF UAE REAL ESTATE BUSINESS3 NATURE OF REAL ESTATE MARKET4 SUPPLY AND DEMAND MODEL5 ELASTICITY OF UAE REAL ESTATE MARKET7 REAL ESTATE BUSINESS – IMPACT ON UAE ECONOMY8 UAE REAL ESTATE BUSINESS – CLASSIFICATIONS9 Residential real estate market9 Office market10 Retail market11 Hotel market12 UAE REAL ESTATE LAWS12 CHALLENGES IN UAE REAL ESTATE SECTOR13SWOT ANALYSIS OF UAE REAL ESTATE SECTOR14 FUTURE GROWTH – INFERENCES AND CRITICAL CATALYSTS14 CONCLUSION17 REFERENCES18 EXECUTIVE SUMMARY United Arab Emirates is considered as the most active property market among GCC countries. Real estate and business service sector contribute a considerable share for the growth of the nation. The economic boom during the years 2003 – 2007 increases the demand for real estate properties and there were shortage in residential and commercial segments. Emirates like Dubai have found an important place in world tourism map, the conditions in UAE also attracts foreign investors and job seekers.So, the available real estate space for residential and commercial purposes was not enough to fulfill the present requirement. Real estate markets in emirates like Ajman, Fujairah, and Ras Al Khaimah are not exploited well; they provide new avenues for investors. Completion of some major projects in Dubai and Abu Dhabi in coming years expected to be able meet the requirements. In some real estate sectors like hotel market, experts predicts oversupply situation in future. Global financial crisis in the years 2008 -2009 badly influenced the real estate sector also.Due to uncertainty in markets, many expatriates return to home country and new investors in fear to make large investments. Expected huge supply along with reduce in demand d uring crisis time, value of real estate properties went down especially in Dubai. UAE government projects like ‘Abu Dhabi vision 2030’ provides enough importance for supplying residential properties. UAE economy is now recovering from recession and new opportunities in different sectors will enhance the growth of real estate sector in coming years.So, this analysis is meaningful to measure the current situation in UAE real estate market and to forecast to the future. ? INTRODUCTION ‘Real Estate’ is a broad term which represents a piece of land including the air above ground below and any building or structure on it. This can also include the business and residential properties which can be sold by the individual who own the property or a relater. Real estate refers to residential new homes and existing ones, commercial shopping centers and offices, industrial manufacturing buildings and properties, undeveloped lands and farms etc.Real estate investments are largely influenced by the condition of the immediate area where the property is located. The values affected by local factors such as availability of jobs, crime rates, taxes, presence of educational institutions and so on. In different countries, the broad nature of the term ‘real estate’ may vary but key ideas behind is almost same. Generally speaking, real estate is the property consisting of land and the buildings on it along with its natural resources. Real estate business represents the profession of buying, selling, renting or leasing of lands, buildings, houses etc.This business area includes the activities for providing goods and services involving financial, commercial and industrial aspects. Major players in this business are land owners, developers, builders, real estate agents, tenants, buyers and so on. This is an important business area where huge amount of money is involved and so, in depth knowledge is helpful. Real estate business is attractive becaus e there is chance to earn more money within the short span of period. In the last decade, real estate business in UAE has a tremendous level of growth due to various favorable situations.The basic driven forces for such a growth are economic growth of the country, increase in income, capital inflow from foreign investors, increase in population of expatriates and liberal laws. Economic development in the UAE has largely influenced by real estate sector and its impact on GDP growth rate is very crucial. Increase in tourism and development of other business sectors stretch the confidence of investors, especially from outside the country in real estate business. Employment opportunities are high in different emirates and there by expatriate population increases, this provides good opportunities in residential real estate sector.Many multinational companies found UAE is an important business location and begin their investments also enables the rapid growth in real estate sector. UAE pr operty market is still growing after the decline faced at time global economic crisis and recession. UAE open their opportunities to foreign investors in terms of culture and social integration and considered as one the most secure country in terms of political and economic environment. UAE is now creating a real estate and property boom that will delight dream of many people and creates regions within the nation that are representative of the world.So the turn over from real estate business is high especially in emirate like Dubai. HISTORY OF UAE REAL ESTATE BUSINESS Till the early 70s, when it constitutes a single nation by combining seven emirates, UAE is one of the least developed countries in the world. Today UAE has achieved growth rate and income level comparable to that of industrialized nations. As we know, the revenue from oil was the main source for the development in the early stages of the country. The infrastructure for many other business sectors were developed using the revenue from crude oil.In 1980s, UAE followed a resource based industry as a development strategy for over all development of country using natural resources. At this time, real estate properties are under the ownership of government and citizens have limited accessibility on such properties. Restricted transactions are there which happed between local people. When industries established here, real estate market also got a hike. Industrialization and impact of crude oil on global economy enabled UAE to be an investor’s destination for business. Gradually, the number of expatriates increases, most of them came here as employees.This trend enhances the development of residential and commercial real estate market. In late 90s, government authorities realize the uneven growth of real estate business and its opportunities. In this time, many of the multinational companies set their franchisees or braches in different emirates. The employment opportunities of the country expand thereafter and so real estate market got the boom. Authorities formulated new sophisticated real estate laws in the country to encourage foreign investments in large projects.The government’s decision to diversify from a trade based economy to service and tourism oriented made real estate sector is more valuable. Establishment of free zones enables to encourage investors by providing maximum freedom to establish industries. Special laws are formulated for free zones to keep the interests of investors. These free zones also contribute a lot to the gradual growth of real estate sector. Free holding of properties revolutionize the real estate market, which encourage foreign investments.Free hold allowing foreigners to buy properties, before that, only UAE nationals can hold property with restricted permissions. This policy adopted by Dubai in 2002 and implemented from 2003, help them to explore high turnover from real estate market. UAE real estate business grew gradually by ex ploiting different favorable conditions here; retain its growth till 2008. Global economic crisis from 2007 have some sort of impact on real estate business in UAE also, influence more on Emirate of Dubai. Dubai faced another recession in 1999, but it didn’t affect relatively small real estate sector at that time when comparing to late 2000s.Property value came to extreme down level due to less demand. During the period of recession, property prices down and investors are afraid to spend money in the sector. UAE slowly recover economic crisis and the demand for properties is still high. So economists predict further growth in coming years in real estate business. (UAE real estate, Reaching New Heights- KFH research) NATURE OF REAL ESTATE MARKET UAE real estate property market suffered a crash during the time of global economic crisis and now the business is gaining back the momentum.Since the transactions involved with considerably large amount and due to the expanding nature of business, we have consider the distinct characteristics and factors influencing the real estate business. Real estate assets and markets are unique when comparing to other market goods. This tends to be highly localized and segmented with privately negotiated transactions. Main characteristics are: Uniqueness: each real estate property can assume to be more or less unique, makes it difficult to compare with other properties.Durability: New structures usually have long life and so yield benefits over a long period of time. Large transaction size: Most of the real estate transactions create in a large financial requirement. So the cost and availability of financing has more influence on real estate market. Long development/ production period: from conception to completion, real estate projects often take years to complete. That means that supply of real estate properties typically slow to adjust to the increase in demand from real estate market.So real estate market is far away fr om ideal competitive market. Real estate business is influenced by many different factors which affect the real value of property also. The dynamic integration among different factors creates the business trends in the real estate market. Physical or environmental factors are noticeable to observe. Such factors include soil, climate, water, topography, scenic beauty, infrastructure and desirable destinations like schools, commercial areas, employment centers etc. Economic factors will strongly influence growth of the city or decline and here by property values, both demand and supply factors affect in this context. Demand factors include trends in employment and income, the availability of financing and so on. Economic factors that affect supply are availability of vacant and improved properties, rental and price patterns of existing properties, construction cost etc. All real estate property values are largely influenced by government policies and actions. Developing free zones, im plementing different kinds of regulations, construction of physical infrastructure etc are responsibilities of government as part of their policies.In UAE federal monitory policy and emirate fiscal policies also influence real estate markets. SUPPLY AND DEMAND MODEL Real estate economics is attempt to apply economic techniques to real estate markets, which tries to describe predict patterns of prices, supply and demand. Supply and demand model represents the relationship between quantity of a commodity that producers have available for sale and the quantity that consumers are willing and able to buy. The function of market is to equalize demand and supply through price mechanism where it keeps an equilibrium price to balance demand and supply.Diagrammatic representation of supply and demand model commonly mentioned as demand curve and supply curve, these curves plotted against the variables price and quantity. In highly competitive economy, the combination of upward slopping supply curve downward slopping demand curve represents the supply and demand schedule the intersecting point represents the equilibrium price for the item. Source: http://kkrugler. files. wordpress. com/2008/02/supply-demand-curve. png The huge uncertainty because of recession during 2010 in real estate market causes down fall of property values.Real demand level of real estate properties depends on population growth, both in residents and expatriates estimated around 15,000 new unit requirements per annum in Dubai itself. Then there is a situation arises where supply exceeds demand due to overbuilding and market uncertainty. Most of the projects in residential sector focus on luxury villas and apartments, but the requirement is only 30% of the total. So, there is still an undersupply for low and medium cost residential properties. Many projects are delaying due to uncertainty in demand and so, expecting the demand gap will increase in future.According to the renowned rating agency Moodyâ €™s, the oversupply in luxury residential sector and in commercial sector will continues till 2016 and there will be a delay in price recovery in real estate sector. Some researchers expect recovery to 2008 price level around 2020. The situation in Abu Dhabi also worsens, nearly 11,000 residential units are expected to come in market soon, this may cause a fall of 14% in rents when comparing to last year. In 2010, Abu Dhabi invested a huge amount of nearly 140 billion of USD in real estate and infrastructure development.During the peak time of real estate business during 2007 -2008, they were simply watching the projects of other emirates, especially Dubai and Ras Al Khaimah. This make made a lack of supply till last quarter of 2010 which provides a better rental when comparing Dubai. They got enough time for better planning by applying lessons learnt from Dubai’s experience. In Abu Dhabi, supply shortage is clearer in till 2011, huge supply increase in property units do not match with cumulative demand, expects till 2013. But in Luxury real estate sector and hotel sector there is issue of oversupply.One and two bedroom apartments still enjoy the highest demand. In general, there are not much serious issues regarding supply side of UAE real estate sector. Supply largely related to population growth, price obtainable for the property and its relative value of properties in real estate market. Changes in population commonly related to employment opportunities, increase or decrease in population will influence the real estate values. UAE expects drastic increase in employment and tourism sector in coming years and also encourage future investments in different sectors. Demand largely related consumer’s current financial strength and taste.Demand also relates to population, which is crucial in terms of its size along with its age distribution, educational status, size of household etc. Oversupply in certain sectors will cause a reduction in prope rty value in coming years, but low and medium cost residential sector still stay as undersupplied. ELASTICITY OF UAE REAL ESTATE MARKET The responsiveness of supply and demand to change price as per market trends is referred as elasticity. In other words, this ratio represents percentage change in quantity demand in response to percentage change in price. The demand for a property is said to be inelastic when this value is less than ne. If this value greater than one, changes in price have a relatively large impact on quantity of demand. Revenue is maximized when elasticity value is exactly one. There are different factors which influence elasticity of properties like, availability of substitutes, percentage of customer income, necessity of property, duration etc. Every investor in UAE is looking for maximum profit from property market, elasticity provided by the property owners make UAE is the best place for the property business. In real estate sector, occupancy rate is 90% and st ill they are in shortage of supply.Before the economic recession, rent is too high to reach for middle class investors. In cities like Dubai and Abu Dhabi, still there are unoccupied residential and commercial real estate properties and so price elasticity will make conditions different. High occupancy rate is normally an indication of price elasticity. When supply meets almost all the demand from real estate market, elasticity will play an important role in determining property transactions and its values. Change of price will increase the demand, many families occupying in sharing villas may ready to take better occupation areas if the price become affordable.Availability of residential or commercial areas with fewer prices automatically makes the markets more elastic towards the price. REAL ESTATE BUSINESS – IMPACT ON UAE ECONOMY The economic studies conducted by various agencies showed the economic recovery in the country by gaining strength with the support of favorable global environment, but political uncertainty in some GCC countries really slowdown growth of real estate sector. UAE economy has recorded an overall study level of growth over last few years and the GDP has more than doubled from 387. 8 billion in 2004 to 934. 3 billion in 2008.Early stages of UAE economy is powered by revenue from oil, but in the recent years, the main driving force of economic growth is from non-oil sector, accounting for an average of 65% of GDP from 2004 to 2008. Real estate is among the important non-oil business sector in UAE which contribute an average of 8% towards the GDP. Abu Dhabi and Dubai are the emirates that contribute major share of GDP, Dubai is playing great role in the growth of non oil sectors, especially real estate market. The impact of real estate sector in UAE economy is high when considering to the last decade, the cities Abu Dhabi nd Dubai became business hubs in Middle East. Real estate sector is remain under pressure in the current econo my, contraction is expected as a further drop in property prices as new supply enters to the market along with lower demand and there by widening the supply – demand gap. This will increase in coming years with the completion of ongoing projects; will continue to weigh down the property prices and growth prospects. Abu Dhabi’s current strategy for boosting the housing supply also put additional pressure on real estate market.Anyway massive investment from government for infrastructure development projects will cause demand for construction and contracting services. Along with this boosting in employment opportunities will expected to provide a base for real estate economy to grow in future. The following table represents evolution of UAE Gross Domestic Product from year 2002 to 2009. Source: UAE National Bureau of statistics UAE REAL ESTATE BUSINESS – CLASSIFICATIONS For providing statistics more deeply, real estate market further divided in to Commercial and Re sidential sectors.Commercial real estate sector refers the property which specifically set aside for commercial purposes like industrial use, professional offices, farming etc. commercial property has to comply with certain standards and should be used solely for business purposes only. Residential real estate involves the sale and rental of land and houses to individuals or families for daily living. Both types involve transactions of huge amount and so many regulations are introduced for commercial and residential segments. Commercial real estate market further divided in to office market, retail market, hotel market etc. or providing analysis in further detailed. Residential real estate market Due to current world wide economic conditions and its manifestation, Dubai bought high uncertainty to the residential real estate market which drives down the prices. Residential market of Abu Dhabi and some other emirates are experiencing a shortage of supply, with insufficient homes or vi llas to meet requirement of current population. So sharing of villas and apartments is common here. In Abu Dhabi itself there is a shortage of 48,400 housing nits, the upcoming projects will be able to meet only around the half. The under supply for end users is particularly for lower and mid market brackets. The majority of upcoming projects also targets high class investors. Residential sales prices in UAE reached its peak in 2008, at this time rent also very high. Residential rents and selling price continue to decline due to a number of factors. More new supply will be available and as rents decline, many tenants are expected to be trade up from shared accommodations into single accommodation and thereby it keeps increase in demand.Rapid economic growth and employment opportunities results an unprecedented population boom, multi occupancy and sharing will of villas etc makes it possible to meet the requirement. House prices were fallen in last quarter of 2008 and now it slowly r etains an optimum pace. Economic growth, government support and mortgage lenders returning to the market etc are current driving forces of financial strength. The following graph represents the house price changes in UAE for the last three years. In the last quarter of 2010, residential price index rose slightly to 0. %, the total number of property transactions increased around 5%. Office market Currently there is a limited supply of office space in UAE, especially for multinational service sectors which require international standards. Still there is shortage of professionally managed office space, so office markets are operating in maximum occupancy rate and rents are relatively high when comparing to other developing countries. When begin a office, organizations will consider many concerns like road and transport facility, resource availability, infrastructure accessibility etc, so rents in areas within the city is very high.Medium range organization mostly prefer near areas of city to get the advantage of relatively less rent. More office space will be available when completing the ongoing projects which will help to stimulate market absorption rate in light of quality, tenants got opportunity to occupy higher quality office space at a lower cost. As a result poorer quality spaces forced to reduce their price. Large investment from government to set state owned enterprises and banks, currently most of such organization own the space rather than active in rental market.To widen the services of government agencies and enterprises new high quality office spaces should be created in various parts of the country. Foreign investment and multinational company involvement in different sectors like oil and gas, financial services, professional services etc largely influence the current trends in office market. According to the Global Office Market View from CB Richard Ellis (CBRE), UAE is an increasingly affordable and attractive destination for company offices, w ith growing stability within the emirates.The quality and standard of completed buildings and its affordable rent rate here become much more attractive. Retail market Retail market in real estate represents floor space available for participating in trades direct to customers. Retail market also faces shortage of international quality projects and so availability of floor space for retailers relative to demand is less. Increased spending of both UAE citizen expatriates and the existing below average per capita income provides a good atmosphere for retail market.The total retail supply in Abu Dhabi is approximately 1. 4 million square meter of GLA and it is important to note that most of this space is in non mall format, i. e. street shops. There is significant shortage of available retail space including high end street retail at present and the existing shopping malls are currently having high occupancy rate of nearly 95%. The demand for retail market is expected to increase in com ing years also, the emergence of more world class tourism points in UAE also support growth of retail sector.New retailers are offering new retail sales format and experience which will cause an increase in spending of money in retail market. In the growing economy of UAE, average rental rates almost unchanged in the main retail malls of Abu Dhabi emirates but continue to decline in Dubai. Hotel market Dubai is one of favorite tourist destination for people from Europe and other Asian countries. Abu Dhabi, Fujairah ad other emirates are also emerging as valuable tourism destinations in the country. Luxurious hospitality and high grade hotels are inevitable to retain in world tourism map.Supply of new hotel facilities are less in last few years after the recession, but it is almost meet the requirement from tourism sector. Occupancy rate has fallen and still continued to out perform when comparing to other market areas. Some tourism promotion events like Dubai Shopping Festival, Abu Dhabi F1 Grand Prix, Dubai Air Show, Abu Dhabi shopping festival etc cause some seasonal demand for hotel facilities. The continued expansion of national airline Etihad and Emirates has enabled growth of hotel markets in UAE.Almost half of the total quality hotel supply is managed by international management companies like Hilton, Starwood etc. Development of hospitality sector along with strengthening of corporate market and development of leisure segment is the main objective of UAE authority and so the upcoming projects will supply the requirements, to continue to increase hotel supply in next few years. Abu Dhabi is one of the strongest performing hotel markets in the last few years as the number of hotel visitors to the city has doubled in from 200 to 2009.In future, hotel market expects tremendous growth along with tourism sector. (Abu Dhabi real estate market forecasts, p19-35) UAE REAL ESTATE LAWS Foreign investors in UAE real estate market face several legal challenges both as to the nature of legal entity to use the properties as well as their ability to acquire free hold interests in real estate. UAE is the federation of seven emirates established in 1971; formulation of UAE federal law provides legal framework for the emirates.Federal government is entrusted with the task of formulating laws concerning and regulating principal and central aspects of federation including defense, security, public health, currency etc. federal laws are formulated for regulating labor and social services, real estate and its expropriation in the public interest, agriculture and animal wealth and so on. As per the constitutional principle adopted by UAE nation, local governments in different emirates are authorized to regulate common matters that are not confined to the federal government.Each of the seven emirates regulates their own affaires by exploring this provision. So, in real estate sector there is no federal property law for governing foreign ownership of real estate in UAE. Each emirates has their own regulations, Dubai is the only emirate currently allow freehold of real estate properties. Federal Law No. 5 of 1985 was issued Civil Transactions Law and Federal Law No. 11 of 1992 was issued Civil Procedures Law are the important real estate laws in UAE. Apart from this all the emirates issues their own amendments to protect investors, buyers etc. he civil transaction law later amended by Federal Law No. 1 of 1987 which exclude commercial transactions from being governed by and under the civil transaction law. Different articles of civil transaction law like Article 870, 871, 881 etc ensure the security and reliability of different real estate transactions among persons and banks. As per Civil Procedure code, agreements must be evidenced in writing and must be clearly defined. Different emirates made their own amendments for better regulation by using their provision for freely constitute laws.Law No. 7 of 2006 concerning real property r egistration in the emirate of Dubai is an example of such amendment. Law No. 7 of 1997 concerns the charges for registration of lands, local decree of 1960 concerns the formation of lands committee. Year 2006 amendment define real estate register and different types of rights to hold real estate properties based on clearly defined agreements. As per Article 4, real estate property shall be restricted to UAE and GCC nationals, subject Ruler’s approval and in specific areas, non nationals grand for freehold ownership.Some other important amendments in Dubai include Law No. 9 of 2009, Law No. 13 of 2008 etc. In 2010, a number of significant changes implemented in UAE real estate laws, to encourage investments and to face challenges from global economic crisis. Landlord and tenant law provide to ensure tenants automatic right for renewal and security of tenure which has existed for the first five years of occupation for both commercial and residential clients. The 5% annual rent increase cap has also been retained in Abu Dhabi to provide middle income affordable housing.Special consideration and laws were implemented in new investment areas like free zones to protect investor’s rights. Abu Dhabi also formulates framework and general laws for property rights within Abu Dhabi emirates to register property legally. CHALLENGES IN UAE REAL ESTATE SECTOR Rising cost of cement and raw materials is a real challenge in real estate sector. Production of cement in UAE is not enough for satisfy the demand; cement comes from outside the country also. The stabilized market and a looming price control intervention by authorities imply that price may not be high always.Real estate and construction industries are facing shortage of skilled labors for construction site. Due to low wages and heavy duty, many foreign labors leave from here, manpower requirement is high when considering the demand. Delays and cancellations of projects in UAE is a major supply side issue in UAE. Due to global economic crisis, many projects are cancelled due to investor’s feeling of insecurity in real estate business. Actually real estate markets are driven by supply, demand and finance. Mortgage rate is relatively high in UAE when comparing to international standards, especially in Dubai.In many cases, this is beyond affordability. UAE authorities are continuously monitoring to taking deals with these supply issues. (UAE real estate, Reaching New Heights- KFH research P13-14) SWOT ANALYSIS OF UAE REAL ESTATE SECTOR Source: KFH research FUTURE GROWTH – INFERENCES AND CRITICAL CATALYSTS In general, UAE is undersupplied in relation to the demand for residential, office and retail properties, hotel market almost balance the requirement. Due to high occupancy rate in cities like Abu Dhabi, rental and sales price still higher than the regional market.This has a negative impact on economy; there is significant loss of potential employment, spending and invest ment. The real estate industry has respond to ongoing shortage of quality products, new projects will solve the shortage in coming years. Years fro 2003 to 2008 is the peak of business, economic crisis caused a down turn in 2009 due to economic crisis. Due to this, major projects are cancelled or delayed, now the country retains its financial strength, significant level of new supply expected to enter in market within two years.Retail and hotel market expected to move into surplus situation within two years. The remarkable growth of UAE real estate sector is enhanced by a number of activities and improvements in basic infrastructure. Many factors will be catalytic force for commercial and residential real estate markets in future. Some of them are Growing employment and population base: Due to the success of initiative from UAE authorities to increase Emirati population and to attract expatriates, UAE is now having relatively good labor pool and employment opportunities.Increase in population contributes to the development of economy and promote continuous growth of real estate demand. Promoting company start-up and growth: UAE government is taking new steps to develop new industries and work culture by introducing free zones and basic infrastructures. Achieving the rapid economic growth also requires substantial developments in to the regulatory framework. Regulatory reform: Emirates like Abu Dhabi, Sharjah, Ras- Al-Khaimah etc. still needs to establish a business and legal environment comparable to other developed countries.Transparent regulatory mechanism only can attract investors, especially in real estate sector where a huge amount of investment is required. Transparency: In this era of globalization, markets to be more open, transparency of different markets has emerged as a big concern for investors, occupiers and other real estate stakeholders. Marketing benefits from improved transparency tends to be those in which conducting business is easier. UAE need to improve transparency and openness further to keep inline with leading international markets.Land Registry: Land and property registry system is one of the key element that define transparent real estate market, improving operation of the system by providing public accessibility, improvements will stimulate the additional demand for real estate in the country. (Abu Dhabi real estate market forecasts, p36-37) ? CONCLUSION Real estate refers to residential new homes and existing ones, commercial shopping centers and offices, industrial manufacturing buildings and properties, undeveloped lands and farms etc. Real estate investments are largely influenced by the condition of the immediate area where the property is located.In UAE real estate sector was not much developed as a big business sector till early 90s. Revenue from oil was the main source of economic growth in early stage of the country; authority’s dedication enabled them to establish an industry based economy he re which helped a lot to develop a real estate market in UAE. Multinational companies found UAE as one of the important business location; they began their franchisees which improve opportunities in residential and commercial real estate market. Real estate market is distinct from other competitive markets, due to the differentiable characteristics and influencing factors.Current supply and demand for real estate properties largely influence the rental and selling price. Residential, office and retail real estate properties still face shortage especially in cities, hotel market currently balance the demand and supply. Elasticity measures the responsiveness of quantity demanded of property goods against change in its price. This is influenced by customer’s income, availability of alternatives, necessity for the property and so on. Real estate business sector has a remarkable contribution towards UAE economy, nearly 8% of the GDP of the nation is from real estate sector.Because of the global economic crisis, real estate sector also under pressure when it badly affect on business and employment opportunities. Many huge projects were cancelled or delayed due to insecurity feel from investors at the time of recession. But UAE has almost recovered from the impact and now real estate market also expects booming in coming years. Factors like growing employment and population base, promoting company start-up and growth, regulatory reform, transparency etc will act as catalysts for future growth of real estate sector. ? REFERENCES Dr. Eisa Abdelgalil, Badar Aldeen Bakheet, Dubai Real Estate Sector – Monitor Series (2007) [online] www. arabruleoflaw. org/compendium/Files/UAE/92. pdf [accessed on 22/11/2011] †¢UAE Economic Brief and Outlook 2011 , KAMCO Research (April 2011) http://www. menafn. com/updates/research_center/UAE/Economic/kamco130411. pdf [accessed on 22/11/2011] †¢Dubai Property Market Overview (Feb 2009), [online] www. cluttons. com [accessed on 23/11/2011] †¢Jones Lang, LaSalle, UAE Retail Market Overview (November 2010) [online] http://www. dsg. ae/LinkClick. aspx? ileticket=KIYUb_RYXlA%3D&tabid=222 [accessed on 23/11/2011] †¢UAE Real Estate Reaching the New Heights, KFH research LTD (September 2008) [online]http://www. liquidityhouse. com/upload/UAE_Real_Estate_-_12_Sep_08 _1443. pdf [accessed on 24/11/2011] †¢Dubai Investment News (28/03/2011), UAE office market is attractive and affordable http://www. thefirstgroup. com/dubai-property-investment-news/article. php? id=800478265 [accessed on 24/11/2011] †¢UAE Real Estate Sector – Global Research (June 2011) [online] http://www. globalinv. net/research/UAE-RealEstate-062011. pdf [accessed on 24/11/2011]

Define the term ‘consent’ in adult social care

Consent is giving permission to do something.In health and social care settings it usually means that the individual gives consent to take part in an activity or to accept some kind of care or treatment – this could be agreeing to have a shower or a bath – agreeing to take medication, as well as agreeing to have their details shared with others.Why is it important that a social care worker works in a way which promotes person centred values? Person-centred approaches are about the individual being the centre of their care and support plan enabling them to have control over their lives. Person-centred approaches are about enabling individuals to live their own lives and not just providing a service. It is about focusing on the individual person’s needs and not the tasks that need completing.Person-centred planning is a way for individuals to plan for what they want now and in the future, together with the people in their lives who they like and trust. Everyone has a right to plan their own lives and be at the centre of any planning that is done for them. Everyone has a right to be part of their community. Everyone has a right to live their lives as they want, and if they need support to do this for this support to be provided in a way in which they want it. There are eight person centred values that support person-centred care and support. These are: IndividualityIndependence Privacy Partnership Choice Dignity Respect RightsBy following the values set out above, we will be able to develop a clear understanding about the individuals we are working with. This includes their needs, their culture, their means of communication, their likes and dislikes, their family and other professionals’ involvement so we can promote and provide person centred care and support.

The Children’s Hour

PACE UNIVERSITY WS 296: Dealing with Difference Dr. Karla Jay Midterm Directions: Write an essay of approximately 600-800 words on two of the following questions. Lengths are suggested. Be sure to support your position with facts, details, and examples. Check your essay structure, grammar, and spelling against the checklist on Blackboard (Writing Tools). Remember to include a good opening paragraph and a conclusion! Please provide citations and a bibliography if you use outside sources.There are writing rubrics on Blackboard under the Writing Tools button. Your midterm is due March 7 at 11 p. m. (I have provided an extension. ) You will lose three points for each day your midterm is late. Your midterm will not be accepted more than a week late without a doctor’s note or other valid excuse. Follow directions for Turnitin. com. Remember that our course number is 5841197, and the password is â€Å"beebo. † (You all seem to be registered. ) Note: Please load the two essays as one file. Remember to label the file as follows: Yourname.WS269. midterm. 1. How do Willa Cather, Gertrude Stein, and Angelina Weld Grimke let lesbian readers know that they are reading a lesbian story or poem without ever using terms like â€Å"lesbian† or â€Å"third sex†? 2. Lillian Hellman said The Children’s Hour is not about lesbianism but about a â€Å"lie. † Do you agree with her? Why or why not? 3. In The Well of Loneliness, Radclyffe Hall took the position that members of the â€Å"third sex† are different from birth. Though today, some critics use different terminology and label characters like Stephen â€Å"butch,† mannish† (Esther Newton), or even â€Å"transgendered,† do you think that Hall was ahead of her time in suggesting that lesbians are biologically (essentially) different in some way? How is Stephen different from most of the other lesbians in the novel? Even Hall sees two types of lesbian. Though this e ssay allows for you to be speculative, try to ground your thoughts in some details from the novel, please. Do only one of the following questions that relate to Beebo Brinker: 4. Many lesbian novels have been banned or prosecuted for â€Å"obscenity. † Start with the trial and content of the Well of Loneliness.Then connect it to the Gathings Hearings and government concern about pulp novels like Beebo Brinker. You should consider some of the following questions: Why were they banned? Were similar non-lesbian books banned? What is the impact of banning books on lesbian readership? You MUST credit all research in the text. Please do not use Wikipedia, as it is not a reliable source. 5. What did you learn from Beebo Brinker about gay and lesbian life in Greenwich Village in the late 1950s? Don’t retell the story but use specific details of to characterize the life that people led.