Saturday, February 1, 2020
METABOLISM, Report on any two (2) classes of messengers, that interact Lab
METABOLISM, on any two (2) classes of messengers, that interact with each other, directly or indirectly, to alter the met - Lab Report Example When these glucose levels reach a high level, the pancreas will release insulin that stimulates tissues that are dependent on insulin to take up the excess glucose. Therefore, glucagon is one part of the feedback system, together with insulin, that stabilizes the levels of blood sugar. Glucagon is synthesized in the islets of langerhans by the alpha cells and secreted by the same cells. The islets of langerhans are found in the pancreasââ¬â¢ endocrinal portion and in man1. Glucagon is a peptide hormone with 29 amino acids, and generally, it acts to raise sugar levels present in the blood through promotion of glycogenolysis and gluconeogenesis, which refer to splitting of stored glycogen to glucose sub-units and formation of glucose respectively2. It exists as an inert holoenzyme, pro-glucagon, which is activated by pro-hormone convertase into glucagon. Glycogen is a polymer form of glucose that is similar to starch in plants and is stored in liver hepatocytes. These hepatocytes po ssess receptors for glucagon that bind the hormone. On binding of glucagon, the hepatocytes release glucose from the glycogen polymer released to the blood, for use by other cells through glycogenolysis. Simultaneously, glucagon also binds to hepatocytes and kidney cells and stimulates the synthesis of glucose through the process of gluconeogenesis. Through, shutting down the process of glycolysis, glucagon leads to the shunting of glycolytic intermediates to the reformation of glucose. The hormone also has a minimal on the human process of lipolysis. It appears that production of glucagon depends on the CNS, although the pathways that affect the production of glucagon are yet to be clearly defined. Glucagon dissociates soon after it binds onto the glucagon receptors since they change the configuration after activating cyclic adenosine monophosphate2. The free glucagon is dissociated in the blood by proteolytic enzymes. Cyclic adenosine monophosphate is a nucleoside phosphate, which acts as a second messenger and is of utmost importance in numerous processes in the human body. The messenger is formed from ATP, and the resultant molecule is used in signal transduction within the cell acting in the cyclic adenosine monophosphate dependent pathway3. Adenylate cyclase, which is found on the inner membraneââ¬â¢s inner surface, synthesizes cyclic adenosine monophosphate from the precursor molecule ATP. Adenylate cyclase enzyme undergoes activation through G-protein coupled receptors, whereas it is inhibited by inhibitory G-protein coupled receptors. Adenylate cyclase within the liver and in the muscles is more specific to glucagon than it is to adrenalin3. Cyclic adenosine monophosphate has one phosphate group that is bound to position three and position five of the sugar through two phosphate-ester linkages4. These linkages form a cyclic structure or a ring that is limited by residues of oxygen and phosphorous, as well as by the carbons at position three and fiv e. This explains why it is referred to as cyclic adenosine monophosphate. It is used for signal transductions within human cells for passing on the effects of hormones that cannot pass through the plasma membrane, such as the peptide hormone glucagon. Cyclic adenosine monophosphate is particularly involved in protein kinase activation. It also binds to ion channels and regulates their permeability. Some of
Friday, January 24, 2020
Protecting Ourselves from Media Manipulation: The Use of Alternative Me
Protecting Ourselves from Media Manipulation: The Use of Alternative Media as an Information Source As far as one can recall the media has had a large influence over our perceptions of the world and the society in which we live. Why is it that we blindly seem to believe whatever we hear on the radio, see on the television, read in newspapers and more currently on the internet? The mass media has acquired a great control over the perceptions of how we interpret the world around us, it is only when we allow alternative media to develop and expand to greater parts of the world that we will be able to understand the different perspectives and work towards understanding the truth. There have been past reports on alien invasions, attacks made by giant worms and other exaggerated or made-up stories. Many of these events or attacks were based on popular fears during the time. This can also be seen during the ââ¬Å"Red Scareâ⬠. Americans were afraid of being attacked by communists and were constantly afraid of spies thus, they proceeded to name anyone or anything a communist if they did not respond in the way that they had anticipated. These fears were manipulated by the mass media creating further anxiety. Plausibility and timing are equally as important in creating stories or news that can result in anxiety and fear. To fully deceive the public there has to be a plausible story occurring at the right time and place. In our post 9/11 world, where many people are already feeling on the edge it is important that the media is careful in what they produce, and think about the potential effects on their audience. We would not want to see ourselves confronted with the same tactics as those used previously during the ââ¬Å"... ...acifici, The Moro Morality Play: Terrorism as Social Drama (Chicago: The University Chicago Press, 1986) p. 65, 90. Mueller, John E. War, Presidents and Public Opinion (New York: John Wiley, 1973). Newport, Frank, Public Opinion of the War in Afghanistan, Gallup News Service Poll Analyses, (31 October 2001) (http://www.gallup.com/poll/Releases/Pr011031e.asp) Orwell, George, Politics and the English Language in The Collected Essays of George Orwell (Harmondsworth: Penguin, 1968) p. 167. Page, B., Shapiro, R. and Dempsey. 1987. What moves Public Opinion, American Political Science Review, 81, March, 23-43. Speech of George W. Bush, as reported on CNN, October 7, 2001 Cartoonstock,United We Stand, Holding Hands http://www.cartoonstock.com/newscartoons/nc_search.asp?x=a&keyword=&Category=Bin+Laden%2C+Osama&Boolean=Or&Artist=Not+Selected&submit=Search
Wednesday, January 15, 2020
Inventory period and operating cycle Essay
Age of inventory will show the number of days that inventory of COSCO is being held before they are sold. Increasing or decreasing the same must be a guided by the objective of maintaining a good working capital condition. COSCO Wholesale has inventory period of 27 days. Before recommendation could be made whether its inventory period should be increased, said inventory period must be compared with the payment terms with suppliers. If the companyââ¬â¢s payment terms (Bernstein, 1993) to supplier is 30 days them the age of inventory of 27 days is a good sign that the company is making sale of inventory efficiently, which means that it can sell faster than the next time the company orders and pays for these goods. For COSCO to maintain its 27 days inventory period, it must also tie this up with collection period since higher sales volume is normally associated with longer collection period. Increasing sales on credit with longer collection will decrease inventory period and the two will sum up to operating cycle (Meigs and Meigs, 1995). If the resulting operating cycle still allows a good and manageable working capital situation, then increasing sales on credit must be done up to such point, otherwise mismanaged working could turn the company unable to meet currently maturing obligations. Operating Cycle COSCOââ¬â¢S operating cycle is 30 says which consists of 27 days inventory period and 3 days collection period. To determine whether recommendations should be made whether the cycle could be increased or decreased should be tied up on it working capital situation. If its present working capital situation allows the company to meet it currently maturing obligations then its operating cycle is just right. As discussed earlier, the strategy on operating cycle is affected by decisions made on age of inventory and policy on making sales on credit. One could not just decrease operating cycle without basis like by decreasing age of inventory by underinvestment as this could mean not satisfying the demand for companyââ¬â¢s products for the sake of shorter age of inventory and consequently shorter operating cycle. The companyââ¬â¢s policy on sales on credit must be sufficient enough to meet realistic targets in terms of sales revenues and working capital requirements (Brigham and Houston, 2002).
Tuesday, January 7, 2020
Movie V For Vendetta Directed By James Mcteigue - 1121 Words
Megan Skolmen 14/05/15 Film V for Vendetta Director: James McTeigue Release Date: February 2006 I watched a film called V for Vendetta directed by James McTeigue. Briefly, this film is about a mysterious masked man whom we know as ââ¬ËVââ¬â¢, who is on a quest for revenge for himself and others considered ââ¬Ëundesirablesââ¬â¢ by the fascist dictatorship government. The film is based in 2038 England, and deals with a corrupted society in which a fascist regime is set in place to seize complete control the citizens through fear, manipulation, and terror. In this dystopian world, the government is your worst enemy and your human rights are immensely violated. Up until our protagonist, V, steps up, the people of England make no attempt to fight for their freedom but instead just do what is expected. Overall, V for Vendetta is a film in which I quite thoroughly enjoyed and is one that I find to be rather important to watch, but difficult to explain as it is kind of cryptic and hard at times to understand the context. V for Vendetta is great ly thought provoking and deals with concerns that arenââ¬â¢t all that hard to imagine. Although the movie is difficult to follow at points ââ¬â this could be simply due to my lack of inquisitive, not a fault of the film ââ¬â it is definitely one to pay attention to. I have to admit, the film is not what I imagined, yet I was pleasantly surprised and intrigued. It starts as your typical hero vs. villain film, but turns deeply political very quickly. AShow MoreRelatedFrom Vendetta to Revolution Essay1322 Words à |à 6 PagesV for Vendetta directed by James McTeique, is a movie that shows how one person can change government and the rules that a government should abide by. The story takes place in a futuristic setting of Great Britain. Evey Hammond, portrayed by Natalie Portman, is approached and questioned by the governmentââ¬â¢s patrol team called ââ¬Å"Fingermen.â⬠Evey soon realizes that she is in trouble and is rescued by the masked vigilante known as V, p ortrayed by Hugo Weaving. Evey, after being saved, goes with V as heRead More1984 and V for Vendetta Comparing and Contrasting Essay754 Words à |à 4 PagesAnd V For Vendetta Comparing And Contrasting Essay George Orwells 1984 and the movie V for Vendetta both have similar views on how society is being run. Since The book 1984 was written before V for Vendetta, so perhaps V for Vendetta may have based some of its ideas on this book. Both 1984 and V for Vendetta have similarities like the way the themes and how the male protagonists are the one in charge of overturning the government. The first similarity between 1984 and V for Vendetta isRead MoreThere Is No I in Government: George Orwellà ´s 1984 Novel1230 Words à |à 5 Pagesby George Orwell and V for Vendetta directed by James McTeigue are both compelling science fiction stories, with the requisite elements of mystery, suspense, and futuristic universe. The book and the movie, respectively, are much more than simple narratives. Using dark dystopian settings, the authors show how futuristic societies are instead tyrannized by their fearsome governments who mask themselves in a utopian ideal. The protagonists, Orwellââ¬â¢s Winston Smith and McTeigueââ¬â¢s V, realize the corruptedRead MoreV For Vendetta Essay1211 Words à |à 5 Pagescontrolling the people and invading their rights for the benefit of the government is the movie ââ¬Å"V for Vendettaâ⬠directed by James McTeigue in 2006. After reading ââ¬Å"1984â⬠and ââ¬Å"V for Vendettaâ⬠, some might wonder if our government does the same thing or uses the same tactics to benefit themselves or the people they like which actually might end up with us getting in trouble or eventually an early death. 1984ââ¬â¢s and V for Vendettaââ¬â¢s vision is very relevant to the present and the future because they mightRead MoreAnalysis Of Divergent As A Dystopian Film1956 Words à |à 8 Pagesworst case scenario of a situation, within the four films studied Divergent, Macbeth, V for Vendetta and Mokingjay part 2, the worst case scenario is seen when the government takes control and citizens are under constant supervision or fear for their everyday lives. Within these dystopian themes we can see where directors are drawing on for their inspiration as our world is becoming somewhat dystopian. Directed by Neil Burger, Divergent taps into contemporary issues within todayââ¬â¢s society such asRead MoreOur World Is Becoming Somewhat Dystopian Movie, V For Vendetta And Mokingjay Part 22042 Words à |à 9 Pagesworst case scenario of a situation, within the four films studied Divergent, Macbeth, V for Vendetta and Mokingjay part 2, the worst case scenario is seen when the government takes control and citizens are under constant supervision or fear for their everyday lives. Within these dystopian themes we can see where directors are drawing on for their inspiration as our world is becoming somewhat dystopian. Directed by Neil Burger, Divergent taps into contemporary issues within todayââ¬â¢s society such asRead MoreV for Vendetta/ 1984 Comparison2315 Words à |à 10 PagesAssignment 1984 And V for Vendetta George Washington once said, ââ¬Å"Government is not reason; it is not eloquent; it is force. Like fire it is a dangerous servant and a fearful master.â⬠George Orwellââ¬â¢s satirical novel 1984 is based on the life of Party member Winston Smith, a free thinker, and his battle to restore humanity that has been snatched from the residents of Oceani0a since the totalitarian rule of Big Brother. V for Vendetta, a satirical film directed by James McTeigue, revolves aroundRead MoreEssay on V For Vendetta1562 Words à |à 7 Pagesusing a mask, Fawkes was the main influence of the character ââ¬Å"Vâ⬠, in James McTeigueââ¬â¢s, V For Vendetta. Vââ¬â¢s connections and motivations to Guy Fawkes, his attempt to justify himself as a terrorist, and Vââ¬â¢s concealment of his true identity, collectively define the message that V conveys to his audience: to break parliament and take control of their own country. Guy Fawkesââ¬â¢ actions act as a dominant influence in Vââ¬â¢s life, motivating V to make a step towards justice in hope that others may follow.Read MoreI ve Always Associated The World Utopia Essay1871 Words à |à 8 Pagesand Dystopia. One of them is Matrix, written and directed by The Wachowskis, where the world of the Matrix is an illusion, existing only in an endless humanity dream. Another influential film that has an utopian focus is ââ¬Å"V for Vendettaâ⬠also written by The Wachowskis in 2005 and directed by James McTeigue, based on limited series comics. The film is about alternative future of England where dictator rules the nation. A ââ¬Å"freedom fighterâ⬠known as V appears one night, and starts a war with the regime
Monday, December 30, 2019
The Global Conflict Of The United Nations - 1551 Words
Following the bloodiest global conflict humankind has ever witnessed, the worldââ¬â¢s greatest powers sought to form a global institution which would prevent a future occurrence of this kind. On October 24th of 1945, a month and a half after WWIIââ¬â¢s end, that vision came into existence under the establishment of the ââ¬Å"United Nationsâ⬠. Within its mutually established manifesto designed by its 51 founding member states, the UN Charter (which was ratified a few months prior in June at the United Nations Conference on International Organization) solemnly declared the United Nations commitment ââ¬Å"to maintain international peace and securityâ⬠¦ in conformity with the principles of justice and international lawâ⬠(UN Charter, 1945). The UN would continue toâ⬠¦show more contentâ⬠¦In 1993, a ceasefire between Juvenal Habyarimanaââ¬â¢s government and the RTF was reached during the ââ¬Å"Arusha Accordsâ⬠in Tanzania, which included the support o f the United Nations peacekeeping mission called the UNAMIR, comprising of 2 548 personnel led by Romeo Dââ¬â¢Allaire (NSA, 2014). This quasi-ceasefire took a turn for the worst on April 6 1994, when Habyarimanaââ¬â¢s airplane was shot down by extremists (their affiliation is unknown). The following day would mark the beginning of a Hutu extremist led genocide of minority Tutsis and moderate Hutus. UNAMIR was rendered to minimal effectiveness once the killings began, as Chapter VI of the UN Charter limited UNAMIR to a strict mandate of assistance with a reduced force of 270 personnel, following resolution 912 from the UN Security Council (UNAMIR, 1999). By the time the Security Council decided to reinforce Dââ¬â¢Allaireââ¬â¢s force with 5 500 more troops in May via resolution 918, the estimated number of casualties had already reached 500 000. While Dââ¬â¢Allaireââ¬â¢s forces were able to save 32 000 Rwandans from an imminent death, 1 000 000 had perished at the ha nds of the CDR and Interahamwe by the end of the war in July 1994, including 70% of the Rwandan Tutsi population (ICRC, 2004). ***ONE MORE SENTENCE***This unfortunate event of needlessShow MoreRelatedThe World War II And The Cold War1199 Words à |à 5 PagesWar between the economically powerful United States and the politically frightening Soviet Union. This post World War II Imperialism divided the world into three positions which, created the battle ground for the Cold War quest for territorial supremacy and illustrated the failure of the United Nations. Immediately following the end of World War II, the United States took its place as the imperial leader of a ââ¬Å"Trilateralâ⬠Empire, consisting of the United States, Western Europe, and Japan. TheRead MoreThe Conflict Between China And The United States1386 Words à |à 6 PagesSamuel Huntingtonââ¬â¢s theory of the ââ¬Å"clash of civilizationsâ⬠through cultural divisions in the context of the increasing global conflict between China and The United States. In essence, the ââ¬Å"clash of civilizationsâ⬠between China and the United States will be primarily based on the problem of cultural hegemony in the 21st century struggle for global dominance between these two modern nation states. Huntingtonââ¬â¢s theory provides ample evidence of the growing clash of religious cultural values, which are oftenRead MoreA Position Of Power : The United States977 Words à |à 4 PagesPosition of Power The United States of America holds a unique position in the world by being the most powerful nation. Our nation leads the global economy and dedicates more money to foreign aid than any other country. It has been seventy years since the last world war, yet the United States still maintains the largest and most powerful military on the planet. A position it has upheld since the end of WWII. Should the United States remain prepared for a large scale, global conflict? In this essay, IRead MoreLegal Studies Essay- the Role of the Nation State in Achieving World Order.989 Words à |à 4 Pagesthe role of nation states in achieving World Order. World Order is a necessity in modern day society, for if it did not exist we would be faced with international anarchy. A nation state acts individually, therefore meaning that it can either choose to embrace Human Rights and international laws, or ignore them. World Order is known as being the creation of global relationships and maintenance of world peace. It also governs the relationships between nation states and other global participantsRead MoreThe League Of Nations And The United Nations1178 Words à |à 5 PagesLeague of Nations and the United Nations are two unique forms of international governance created by world powers out of the same necessityââ¬âneeding a better format of managing global conflict. However, both international organizations were created, structured, and operated under very different circumstances. For instance, the League of Nations was created during towards the end of World War I, when nations were looking for a governing body to address future global conflicts. Similarly, the United NationsRead MoreEssay on The Security and Protection of the State511 Words à |à 3 Pageseffect and our current global situation there are significant similarities can be found. Structure: Part One: Introduction and definition of key terms (e.g. New World Order) The security and protection of the state has fundamental always been a priority of importance for any government or organisation since the unforeseen end to the Cold War between Soviet Russia and the United States. There has been astonishing steps taken by the international community to create global tranquillity amount statesRead MoreOverpopulation And Resource Conflict And Allocation1741 Words à |à 7 PagesNew Zealand UNEP Topics: Overpopulation and Resource Conflict and Allocation Country Introduction: Located in the Southeastern Pacific Ocean, New Zealand consists of two central islands, the North and South Islands, parted by the Cook Strait, which is divided into provinces, each with a certain amount of autonomy. The official languages of the nation include Maori, English, and New Zealand Sign Language. New Zealand is a constitutional monarchy with a parliamentary democracy, which comprises ofRead MoreThe Cold War : A New History By John Lewis Gaddis1690 Words à |à 7 PagesConflict of political ideologies is something that was present since the dawn of American history. The American revolt against the arrogant, totalitarian regime set a precedent for the future events in which the nation came together to oppose anything that went against the concept of democracy, and capitalism. Communism, or Marxism posed as a huge threat to the free mined Western societies, thus resulting in world wars that left perilous aftermaths, and bred an ongoing conflict between the two globalRead Mo reEuropean Security Strategy804 Words à |à 4 PagesThe establishment of the European Union (EU) solidified a united political, economic, and defensive front creating a Supranational Organization (Lucas, 1999, no page). With the assistance of the North Atlantic Treaty Organization (NATO) and the United States, the EU has developed a comprehensive security strategy responsible for leading the coalitionââ¬â¢s objectives for mutual solidarity, global stabilization, and defense. To address security threats both regionally and globally set forth by the EuropeanRead MoreThe Persistence of Imperialism Essay1315 Words à |à 6 Pagesseparate the free ââ¬Å"First Worldâ⬠, which was made up of western Europe and the United States, from the communist ââ¬Å"Second Worldâ⬠, which was primarily made up by the Soviet Union. This separation unintentionally formed yet another hierarchy, and further perpetuated imperialistic notions. While the Soviets attempted to continue politic al imperialism in surrounding states to form a political and economic buffer from democratic nations, which due to globalization, or the mass integration of cultural and economic
Sunday, December 22, 2019
Hamlet William Shakespeare s Hamlet - 991 Words
Lucille Cousin November 10, 2014 APLA 12 - Hamlet Character Analysis William Shakespeareââ¬â¢s Hamlet, regarded as one his most famous plays, is based on the story of the Hamlet, the ââ¬Å"Darkâ⬠Prince of Denmark. The protagonist, being Hamlet, is an extremely complex man with such a multi-dimensional personality that to this day, critics struggle to understand him. Each reader is left to decide his/her own interpretation of him ââ¬â whether he is evil and insane, if heââ¬â¢s a tragic hero, or if he is a victim of circumstances beyond his control. A man of radical contradictions, Hamletââ¬â¢s character remains one of the most ambiguous in American literature. One interpretation is that Hamletââ¬â¢s inner turmoil is responsible for his insanity. Shattered byâ⬠¦show more contentâ⬠¦As the play unfolds, his deteriorating state-of-mind becomes increasingly noticeable. Once Hamlet has dedicated himself to avenging his fatherââ¬â¢s death, others find it difficult to understand him. For example, in response to one of Hamletà ¢â¬â¢s comments, Polonius exclaims, ââ¬Å"How pregnant sometimes his replies are!â⬠(II, ii, 226-227). For many, his bursts of intemperate actions such as murdering Polonius in Act 3 is what throws his sanity into question. On the other hand, it is important to consider Hamletââ¬â¢s philosophical and reflective nature. How is a man as insane as he is able to contemplate difficult situations with such depth? Claiming that Hamlet is insane, therefore, is too easy a justification for his actions. In accord to G. G. Gervinius, Hamlet can also be interpreted as the hero of Denmark who grows increasingly paralyzed by the brutality and corruption that surrounds him. Hamlet, however, is no superman. He has doubts, uncertainties, and is neither perfect nor simple. To take the life of a man only requires the nerve of an assassin, but to avenge the death of a late king and father needs tact, patience, and wisdom. Hamlet knew well that his nation was already preparing to resist an at tack from Norway, so with heroic self-control and selflessness, he avoided doing anything that would encourage the enemy. Moreover, Hamlet was determined to be sure of Claudiusââ¬â¢s guilt
Saturday, December 14, 2019
Unit Three â⬠Marketing P3 Free Essays
Marketing Research Market research indicates decisions made by a business, in this case Tesco, by helping the decision makers understand undercurrents of its market. This process involves research done on customers, competitors and the overall marketing environment. For example, when Tesco is promoting a product, they need to know the likes and dislikes of their targeted consumers in order to target the correct market successfully. We will write a custom essay sample on Unit Three ââ¬â Marketing P3 or any similar topic only for you Order Now They would also be required to research about their competitors, to find out if by any chance they offered a product that was similar, and how they would differentiate their product from it. Also, as an overall, they would be required to research the environment of the market, as well as the size of their target market, in order to decide how they are going to offer the product to the consumers. Example: sold in store, online, or both. Primary and Secondary Research There are two types of research: â⬠¢Primary Research â⬠¢Secondary Research Information for these types of research can be done internally ââ¬â within the organization, or externally, from another organization or source of information outside the organization, in this case Tesco. When information or data is gathered for a certain purpose and has not been gathered before is known is primary research. Internal primary research data source could consist of: â⬠¢The businessââ¬â¢s sales figures of products â⬠¢A central database holding customer data External primary research data source could consist of: â⬠¢Various questionnaires and surveys â⬠¢A variety of focus groups and interviews â⬠¢Observation techniques When data or information that has been collected before, either internally or externally, is used for research is known as secondary research. Another name for secondary research is ââ¬Ëdesk researchââ¬â¢. Internal secondary research data source could consist of: â⬠¢Sales and regional reports â⬠¢Market research gathered in the past External secondary research data source could consist of: â⬠¢Websites and trade journals â⬠¢Newspapers and books â⬠¢Public reports â⬠¢Census data â⬠¢Industry reports For business like Tesco that operate in many different fields, secondary research is more cost-effective, before they decide to conduct primary research. This allows Tesco to have a better understanding of the market, as well as recognize any major obstacles before conducting expensive research. Secondary research also allows them to make assumptions based on similar products and therefore, once primary research is conducted, it can be used against the assumptions to evaluate and compare. This will help indicate how much primary research they are required to do and therefore they donââ¬â¢t end up doing too much that is not required. However, Tesco is required to take the limitation of secondary research into consideration: â⬠¢The information may be outdated â⬠¢The information may be biased in order to promote particular causes â⬠¢The methods used to collect the research may be unreliable. Qualitative and Quantitative Research Research methods can be qualitative, quantitive or can include both methods. Well-planned market research consists of both methods in order to result with a good combination of information revealing different things about the same market. Qualitative research is one-sided and normally unrestricted. It normally is gathered through interviews with customers or focus groups and therefore result in a wide range of research based on personal experiences and feelings. A qualitative question allows the individual go give a broad answer and not based against options. Qualitative research can be used to: â⬠¢Find the perceptions of customers about an organization or brand. â⬠¢Discover how changes in price and other factors affect customers and spending decisions. â⬠¢Explore customer preference, interests and other factors. Quantitative research involves numbers and figures that can be examined mathematically or graphically. This may consist of sales figures, market values, etc. , as well as responses from customers on questionnaires. This is only categorized as quantitative research if the responses from the customers a chosen from series of answers provided on the questionnaire. The difference between quantitative and qualitative research: QuantitativeQualitative ObjectiveSubjective Tests theoryDevelops theory Concise and narrowComplex and broad Measurable Interpretive Basic analysis: NumbersBasic analysis: words and ideas Logical and reasonableDialectic Establishes relationshipsDescribes meaning Experimental settingNatural setting Uses of marketing research The information collected for market research prevents businesses like Tesco making wrong business decisions. If the product designer for Tesco progresses a new product without market research, then the business is not moving forward on reliable sources and therefore are unaware if customers are interested in the product or not. This indicates, effective market research improves the chances of success and reduces the risks. Tescoââ¬â¢s can also measure progress effectively over time. This can be done by, carrying out market research, to found out the awareness of the product before managing national advertising campaigns. Once they have conducted the research, they can put their national advertising campaigns into action and again conduct research and compare the two. Therefore, this indicates, market research can be used to measure progress as well as the effects of marketing activities. Limitations of market research ââ¬â costs, effectiveness and validity of data collected Weather market research is done at a small or large scale, any time is required to be performed accurately and appropriately otherwise it gives irrelevant results. All market research conducted has the chances of being wrong no matter how well controlled and planned. There are various reasons why market research may not provide accurate or good results but a usual problem is deciding whether the research conducted really measures what it claims to be measuring. Marketers for Tesco are required to decide how reliable the information they have obtained is. Also they need to take into consideration, if the research contained had different respondents or different set of data points, would the results be similar. Validity refers to whether the research conducted is what it intended to be. Validity involves dependability, which means, a valid measure must be reliable. But, reliability doesnââ¬â¢t have to link to validity, a reliable measure is not required to be valid. The difference between reliability and validity: â⬠¢Reliability guesses the point to which an tool processes the same way each time it is used in under the same conditions with the same subjects. â⬠¢Validity involves the point of accuracy of your measurement. For organizations like Tescoââ¬â¢s, validity is considered more important than reliability because if a process does not precisely measure what it is supposed to, there is no use of it and therefore it being reliable is useless. Costs are also an essential consideration for Tesco when carrying out market research, as they are required to take into consideration if they money spent is worth the research undertaken and its potential benefits to the product, as well as the organization. A lot of time, effort and money can be spent on market research and in the end the solution discovered might not be worth implementing. How to cite Unit Three ââ¬â Marketing P3, Papers
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