A Perfect Couple

1. Why are most construction companies small in size? Based on the explanation given in previous lectures of COSC 620 course. The size of construction companies is based on the theory of ‘Economies of Scale’. The concept of ‘Economies of Scale’ is originated from microeconomics, which states that there are more advantages for organizations/enterprises to run at a larger scale to minimize the impact of risk and spread out overheads/cost overruns. For example a smaller company handling less…

The diversification of services and the specialization of players in certain lines of insurance alleviate rivalry to an extent. For instance, State Farm, Allstate, Liberty Mutual and Berkshire Hathaway are only engaged in non-life insurance, following different underwriting business models, while large insurers, MetLife, Prudential and New York Life Insurance operate in then life-insurance segment. However, most of the players present similar business models and offer similar services which…

In order to know and understand the term monopoly and whether or not Microsoft was ever considered or still considered a monopoly. One must first define and understand what a monopoly is. According to Bennett, (2016), monopoly is “a market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute”. Microsoft is an organization that was accused of being a…

revolutionized the way people purchase electronics and customer’s buying power has been increasing since this represent a major threat for the industry retailers. Buyers are price sensitive and demand high quality products. Today, customers have access to perfect information through out the online tools about price availability from different competitors in the industry and low switching costs. Retailers have launched different marketing strategies to remain competitive by implementing price…

“Monsanto’s Harvest of fear” Analysis Monopolizing on a certain product is a business practice that has been used for decades. While this practice is extremely beneficial to those who succeed in doing it, it is simultaneously harmful to every other business owner, usually smaller franchises, in the same line of work. While the one large business continues to profit, the smaller business owners usually go out of business or, if they’re lucky, loses an extremely large percentage of their sales.…

on the airplane, I thought about how little roads and how poor the housing was. We drove through chaotic roads and rubble filled alleys, until we reached the orphanage. New Life Children’s Home is a safe haven for kids who lived in the mountains a couple miles north. These kids were neglected, sick, beat, starved, etc. and they were saved to live here. Once we got arrived, we met a very joyful little kid named Moise. Moise followed us as we checked out all the super cool places where…

Repair café started from Amsterdam, Netherlands where Martine Postman and her family started to think about ways to reduce waste going into landfills. Today is has more than 1,100 sites across 30 nations. The idea of repair café is steered by the people who are aware of the environmental issues just like Annie Leonard, the creator of the film ‘The Story of Stuff’. As mentioned both from the film and this article about repair café, products today are manufactured in a way that make their parts…

Lampuga has created the world’s most advance electric surfboard the world has to offer. This is a tech savvy surfboard that has a carbon fiber body that only weighs 86 pounds. The electric surfboard that Lampuga has made is also the fastest surfboard on the market with top speeds of 34 MPH it is also eco-friendly by using 52-volt lithium-ion battery that provides 20 to 35 minutes of runtime. There is also an anti-grip surface for ease of use, and an automatic kill switch so if someone falls off…

clouds and birds flew through the air, chirping a happy song. It was the perfect weather for a perfect day. I sat on a worn out, defluffed, maroon couch outside watching my younger sister work with the few customers at her garage sale. Occasionally, she would make me get up and help her with some random chore she needed to get done. I didn’t mind it though. It kept me busy until what I knew would make the day even more perfect. The time had finally come, ten minutes later than I’d expected, but…

In J.D. Salinger’s famous short story “A Perfect Day for Bananafish,” Seymour Glass returns from war after having experienced atrocities to a wife and a society that are materialistic and unempathetic. He feels lonely and trapped, with a wife invested in only herself and an unempathetic society. Seymour realizes that nobody in his life comprehends his struggles to adjust to a post war America because they are so focused on material objects rather than people. Seymour’s wife Muriel reveals her…