Thursday, January 30, 2020
Social and economic Essay Example for Free
Social and economic Essay Aka fathers spend a high degree (almost half of their time) with their infants due to the cultural acceptance of this and the bond that is already in place with the mother. It is socially acceptable in this tribe and since the Aka do not hunt, the men have more time available to them. So economically, it is smart for the men to care for their children while women forage and farm to keep a strong symbiotic relationship with other tribes around them. Since, the men do not hunt and engage in more parenting than other tribes, they are not out competing with these other tribes and do not have any enemies for this reason, there is no warring or aggressiveness displayed by Aka fathers, because it would be detrimental to their survival. Other tribes are engaged in more aggressive behavior and this is dangerous, as the Aka (with their foraging through the jungle) are cited to be at a very high risk for the Ebola virus, so these fathers pay strong attention to the safety and closeness of their offspring. Describe the differences between father-infant bonding between the Aka and Americans. What are some of the cultural explanations for these differences? Parenting in any group is contingent upon money, time, and perceived power. Americans believe that fathers have more power in the family and that child-bonding is something that a mother can more powerfully achieve, while fathers are entitled to what is believed to be more important than bonding and that is providing monetarily. This power structure is strongly embedded in the American culture and is in direct contrast with the Akas. The Akas believe that caring for children is an equal enterprise between loving, bonded parents. There are no cultural sanctions on the fathers for spending time with their children (time that many American fathers do not have do to working outside the home). American fathers, if they do find time to bond to a high degree with their children, may find themselves labeled as feminine and this does not happen with Aka fathers. It is fair to say that the American culture overall is masculine in nature while they Akas are more androgynous.
Tuesday, January 21, 2020
Steps to Implement Organizational Changes Essay -- leadership, transfo
Explain fully what you believe are the most important features in the successful implantation of organisational change. In an organisation, there are many variables. These include leadership, those who are involved such as employees, motivations for example financial gain and current economic climate along with many others, for organisational change to be successful there are many features and criteriaââ¬â¢s that must be fulfilled before it can lead to success. Organisational change is when a ââ¬Å"Company or organization going through a transformation. Organization change occurs when business strategies or major sections of an organization are altered.â⬠[1] This means that areas of an organisation progress from one position of action to another in the attempt to improve an areas efficiency or ability. The motivation for change can greatly impact on the support of those involved, this could be due to extrinsic factors such as financial gain or intrinsic factors such as ethical practise, this motive however must be strong enough and required with a realistic view for success will promote support from those in the organisation who care for the causation of the change. Those it does not affect will often be ambivalent to the effort required to make the change. To decide on the action needed to be taken before implementing any change requires great amounts of thought and consideration as each change made is a potential risk for an organisation and some changes may mean interference or conflict between departments of the organisation thus creating an inharmonious mechanism which in turn can seriously affect the performance of an organisation. It is a common analogy that an organisation or business is like a clock, with varying cogs and mechani... ...ement Model - Change Management Training from MindTools.com. n.d.. MindTools.com. [ONLINE] Available at:http://www.mindtools.com/pages/article/newPPM_94.htm . [Accessed 20 January 2014]. Forces for and resistance to organisational change- 2010. Fred C.Lunenberg. [ONLINE] Available at:http://www.nationalforum.com/Electronic%20Journal%20Volumes/Lunenburg,%20Fred%20C.%20Forces%20For%20and%20Resistance%20to%20Change%20NFEASJ%20V27%20N4%202010.pdf. [Accessed 20 January 2014]. What is organization change? definition and meaning. n.d. Business dictionary [ONLINE] Available at:http://www.businessdictionary.com/definition/organization-change.html. [Accessed 20 January 2014]. Top-down organisational change initiatives n.d. Emerald insight . [ONLINE] Available at:http://www.emeraldinsight.com/learning/management_thinking/articles/pdf/top_down.pdf. [Accessed 20 January 2014].
Monday, January 13, 2020
Nvq 2 Health and Social Care
Give 3 examples of what you can do in your day to day work to support equality and inclusion and reduce discrimination I could support equality and inclusion in my day to day work by involving everyone in activities and and making them feel included. I could also have chats with the service users to make them feel comfortable and feel that someone cares and is there for them when they feel down and know that they can talk to me when ever they want.I could reduce discrimination by challenging it and making sure that the person that discriminates realises it is the wrong thing to do and that they shouldn't do it again as it hurts peoples feelings, by telling them in a calm and professional manner. I would also reduce physical barriers so if someone needed to move something out their way but couldn't move it themselves, I would move it for them so they can gain access to where they want to go.I also promote the service users dignity such as when they need to go to the toilet I would clo se the door so no one can see them and also when they are getting washed and dressed I would close the curtains for their privacy. I would promote their rights and choices, by letting them wear what they want and do what they want if necessary as they may need a risk assessment if wanting to go out somewhere. Describe how you can challenge discrimination If I was challenging discriminatory behaviour I would report it to my supervisor and I would also let the person that discriminated against me know by telling them in a calm and professional manner.Also if a person was on activities and only did activities with the women service users and not the male service users, I would then approach that person and discuss why they won't do activities with the male service users and explain how it is discriminating against the male service users. Having staff training could also help challenge discrimination as it will show you if the situation really needs challenging, and how you could challe nge it properly. Give examples below of legislation and codes of practice in relation to equality and diversity and discrimination that are relevant to you jobs roleHuman Rights Act 1998 Disability Discrimination Act 1995 Disability Discrimination Act 2005 Equality Act 2010 Race Relations Act 2000 Equality and Human Rights Commission If you were having difficulties promoting equality, diversity and inclusion in your work, what would you do? Include where you might go to find out information and what support and advice you could access. If I was having problems promoting equality, diversity and inclusion in my work, I would access information and advice from my colleagues and feedback on my practice and take up the opportunity to do a professional development on myself.I could also get information and advice from the Sector Skills Council, Skills for care and also look in books, journals and government websites for current legislations and guidelines to help me promote equality, dive rsity and inclusion. What is ââ¬Å"Duty Of Careâ⬠? Duty of care is a legal obligation towards children and adults using services that are required to work in the best interest of the child or adult and also using care practice which is not detrimental to health well-being and safety of the child or adult.Duty of care also means carrying out practice only within the services own level of competence, role and responsibility. Describe how the duty of care affects your own work role. Give an example where you have carried out duty of care with the individuals you care for. Duty of care affects my work role, as I can only carry out duties for which I am competent and in my job description and having to decline care work which is not. I have carried out duty of care in my work as I work in the best interest to the service users and that is competent to my level and job description.I do this as I have to observe the service users, report any concerns to the supervisor and I work in l ine with the principles and codes of practice in my setting. I also follow standard procedures in my work including the use of resources and equipment and have regular updating of knowledge and skills. Give some example of dilemmas that may arise between the duty of care and an individuals rights. The dilemmas that may arise between the duty of care and an individuals rights is the balance between health and safety and the individuals rights.For example, the individual may want to go out on a walk but it is really cold and icy, so the service may respect the individuals rights but would gladly go along with the individual to make sure they are okay and do not fall. Another dilemma is the right of the individual to make choices of their own care. For example, the individual may want to stay in their room all day, so the service will respect their choice, but will go up and check on them every half an hour to see if they are all right.The concepts of mental capacity is another dilemma as the individual, may not have the mental capacity, so therefore, you cant really ask them what they want or what they would like to do. Asking the individuals family is a good way of getting to know what the individual would like as they know them better than the service. For example the individuals family would know what the individual likes to wear, so the service would respect their wishes and put what they say the individual likes to wear. Where would you get additional support and advice to help you resolve such dilemmas.I would get additional support from my line manager, Care Quality Standards, Ofsted, Tutor, Mentor, and professional bodies such as The Association of Health Care Professionals. An individual you care for is not happy about an aspect of their care and complains to you. How would you respond to the complaint? I would respond to the complaint by listening carefully to the complaint, acknowledge the individuals feelings, clarify and give advice on the procedure s for complaining, focus on the problem and let my supervisor or line manager know about it, and reflect and if necessary, change practice and undergo training.Describe the main points of your organisations procedures for handling complaints. The service would keep them complaint records, identify what went wrong and would respond to the complainant within agreed time, such as apologising or putting things right. Also the service would inform complainant of rights and who to complain to when complaints are not resolved. The service would also reflect on the complaints and improve the practice. Write a personal statement about how you handled an actual complaint you have dealt with.I handled a complaint once at dinnertime, as one service user wanted a burger with mashed potato, but there was no burgers left, so therefore had to have a pasty and complained that the kitchen staff don't do enough food, so I therefore spoke to the individual in a calm and professional manner and said I w ould talk to the supervisor and write it in the complaints book. I then told my supervisor that an individual was complaining about there not being enough food, and my supervisor spoke to the kitchen staff. The kitchen staff then reflected on their practice and now do enough food for each food option.
Sunday, January 5, 2020
Analysis Of Antoine Price Jr. - 1687 Words
Quinten Antoine Price Jr., also known as AJ, is the 6 month old son of Angelique Stokes and Quinten Price. He was born April 23rd, 2015 after 12 hours of labor at Phoebe Hospital. After dating for 2 and a half years and having been in a relationship for another 2 years, Quentin and Angelique knew they wanted to start a family together one day but never imagined that it would happen this soon. While conducting the interview at Angeliqueââ¬â¢s home, I had the chance to watch AJ crawl around, pull himself up beside the couch where I sat and drool on my new parent interview instructions. I enjoyed interviewing Angelique not only because she was excited to tell me about her bundle of joy but because she is my Eastern Star sister and I had the chance to watch her belly grow as she transcended into motherhood. Angelique expressed to me that parenthood has treated her good thus far. It has been exciting and there is always something new to experience every day. AJ surprises her with the many things he does from standing up in his crib and snatching things of the wall to figuring how a toy works. She loves the way he looks at her, knowing that she is his mother and she is the woman who is going to take care of him. She also loves to hear him laugh and giggle as they play together. Emotionally, she was nervous about becoming a parent because she did not want to fail as a young mother. She does not want anything to happen to AJ from lack of knowledge about how to raise a child from herShow MoreRelatedCase Study Essay10964 Words à |à 44 Pagesgross margin for Patagoniaââ¬â¢s product lines ranged from 50% to 55%.34 In developing its products, Patagonia primarily focused on three criteria: quality, environmental impact, and innovation. Patagonia claimed that these elements allowed it to cha rge prices roughly 20% higher than those of other outdoor apparel and 50% higher than massmarket brands for comparable products in both performance wear and sportswear.35 Patagonia consumers had a median age of 38 years and an average household income of $160Read MoreGame Theory and Economic Analyst83847 Words à |à 336 PagesGame Theory and Economic Analysis Game Theory and Economic Analysis presents the wide range of current contributions of game theory to economics. The chapters fall broadly into two categories. Some lay out in a jargon-free manner a particular branch of the theory, the evolution of one of its concepts, or a problem that runs through its development. Others are original pieces of work that are signiï ¬ cant to game theory as a whole. After taking the reader through a concise history of gameRead MoreManagement Course: MbaâËâ10 General Management215330 Words à |à 862 Pagesor attaching the door handle, and jobs in the Ford car plant became very repetitive. They required little use of a workerââ¬â¢s skills.1 Fordââ¬â¢s management approach increased efï ¬ ciency and reduced costs by so much that by 1920 he was able to reduce the price of a car by two-thirds and to sell more than 2 million cars a year.2 Ford became the leading car company in the world, and competitors rushed to adopt the new mass-production techniques. The next change in management thinking about car assembly occurred
Saturday, December 28, 2019
Evidence Based Practice For Treating Hypertension
Evidence-Based Practice for Treating Hypertension Madison Barber, Heather Flowers, Mary Evelyn Lott, and Cynthia Potts Auburn University Abstract Modern medical advancements have significantly decreased the prevalence and severity of infectious disease as well as the treatment of acute, traumatic conditions. Pharmacological research has also gained insight into the management of chronic disease. Still, there is an epidemic of chronic, treatable diseases like stroke, heart disease, and kidney disease. Hypertension proves to be the underlying factor associated with these diseases. Hypertension is often referred to as the silent killer because of its indication in deadly disease, and the importance of monitoring ones blood pressure is vital. Lifestyle, diet, and genetic predisposition are all factors of high blood pressure. Chronic high blood pressure above safe levels, known as hypertension, puts elevated physical stress on the renal and cardiovascular systems. By controlling this factor in patients, healthcare providers can decrease cardiovascular events, improve health outcomes, and decrease overall mortality. Patient educatio n is often overlooked in its role in the control and prevention of high blood pressure. This paper analyzes the causes and physiology behind high blood pressure as they relate to the current nursing interventions. The role of nurses is discussed in relation to patient education regarding high blood pressure, and educational approaches are analyzed.Show MoreRelatedComparison of Hypertension Treatment in the US and Egypt1556 Words à |à 6 Pagesï » ¿Hypertension in the U.S. and Egypt Abstract: This writing assignment revolves around the importance of better understanding hypertension so that it can more effectively be treated. Thus, scrutinizing research articles focusing on patients with hypertension around the U.S. and Egypt allow one to better understand which treatments are the most effective in managing this condition, shedding light on the condition as a whole. Part A of the paper will discuss what nurses can and should do in terms ofRead MoreWhat Is The 2016-European Society Of Hypertension996 Words à |à 4 PagesSociety of Hypertension Guidelines for the Management of high blood pressure in children and adolescentsâ⬠(2016) is a consensus document pertaining to the 2016 European guidelines for the treatment of hypertension in children. These guidelines are developed by experts doing a literature review of multiple randomized control trials studies. Level of Evidence According to the Medical College of Wisconsin (2017), the level of evidence-based practice is one due to the study strength and evidence levelRead MoreResearch Questions On Nursing Practice1695 Words à |à 7 Pagesthis research question is to nursing practice. It will include a summary of five research articles related to my PICOT question and identify a nursing practice that is supported by current research. The paper will also explain how a nursing practice that is supported by evidence-based practice can contribute to better outcomes. Lastly, I will share a strategy to share evidence-based practice throughout my organization and explain the importance of the practice. Introduction Alcohol abuse has becomeRead MoreThe Gap Analysis Of Hypertensive Heart Disease1271 Words à |à 6 PagesAccording to a recent Centers for Disease Control and Prevention (CDC) (2016) report, one out of three Americans suffers hypertension (HTN), and that accounts for 75 million or 29% of the adult population in the United States (U.S). All told, hypertension costs America 48.6 billion dollars in health care expenditures, medications, and missed days of work among the American population (CDC, 2016). According to the Texas Health Data (2013), death rate among 26,448,193 residents of Texas, 170.1 deathsRead MoreHypertension In Nursing1340 Words à |à 6 Pagescurrent evidence based practices for treating and managing hypertension in comparison with the practice of health promotion and maintenance NCSBN category while addressing a clinical issue of hypertension and also suggesting a solution to the problem. Current evidenced-based practice guidelines for treatment of hypertension was created by a panel of the Eighth Joint National Committee (JNC 8), whom reviewed peer-reviewed research and current practice to create guidelines. A hypertension managementRead MoreHypertension And High Blood Pressure1703 Words à |à 7 PagesHypertension Hypertension is referred to as high blood pressure. Hypertension is frequently asymptomatic in the early stages, and the initial signs are often vague and nonspecific. They include fatigue, malaise, and sometimes morning headache. Consistently elevated blood pressure under various conditions is the key sign of hypertension. Because of the insidious onset and mild signs, hypertension is often undiagnosed until complications arise and has been called the ââ¬Å"silent killer.â⬠The complicationsRead MoreMy Clinical Placement For The University Hospital s Internal Medicine Essay1469 Words à |à 6 Pagespaper is to explore practice setting of the internal medicine and role of my preceptor. Practice Setting The Internal Medicine providers offer comprehensive diagnostic and primary care services to general population. The providers are involved in treating complex medical problems, the diagnosis and treatment of both acute and chronic illnesses, gynecological care, urgent care, and minor surgery. The staff members, demographics of patient population, payers system, and practice policies of the InternalRead MorePotential Health Risks from Inappropriate Prescription of ACE Inhibitors1186 Words à |à 5 Pagesaround the sixth decade.1 One of the most common primary diagnoses in the United States is hypertension.2 The current recommended diagnosis for hypertension is a systolic blood pressure above 140 mmHg or diastolic blood pressure above 90 mmHg.2 Using these guidelines, the overall prevalence of hypertension worldwide is around 20-25%.1 The use of angiotensin-converting enzyme inhibitors (ACEI) in treating cardiac related diseases has been increasing.1 Randomized trials support that ACEI and angiotensinRead MoreOrgan Allocation Case Study : Correctional Healthcare1147 Words à |à 5 PagesViral cardiomyopathy is an infection that causes acute inflammation of the heart muscle (Merck, 2017). Mr. Rodriquezââ¬â¢s health history is limited to hypertension. The second candidate, Mr. Smith, is an uninsured 59-year-old on disability who has severe ischemic cardiomyopathy (causing systemic failure). His other medical history includes hypertension, renal insufficiency, alcohol abuse, and coronary artery disease that caused two previous myocardial infarctions. A personââ¬â¢s age and their lifestyleRead MoreOrgan Donation Case Study Essay967 Words à |à 4 PagesViral cardiomyopathy is an infection that causes acute inflammation of the heart muscle (Merck, 2017). Mr. Rodriquezââ¬â¢s health history is limited to hypertension. The second candidate, Mr. Smith, is an uninsured 59-year-old on disability who has severe ischemic cardiomyopathy (causing systemic failure). His other medical history includes hypertension, renal insufficiency, alcohol abuse, and coronary artery disease that caused two previous myocardial infarctions. A personââ¬â¢s age and their lifestyle
Friday, December 20, 2019
Walmart Management - 1714 Words
Management Paper on Walmart Wal-Mart Stores: Managing Diverse Organizations By Angela L. Farrish Webster University Ms. Amy Thenor December 2011 Wal-Mart In 1970, Sam Walton the founder of Wal-Mart implemented an extremely significant warehouse distribution system. This new system evolved into Wal-Mart Stores Inc. and in that same year the company was publicly traded on the New York Stock Exchange. The company began to expand extremely rapidly throughout the 70ââ¬â¢s. During this period Wal-Mart started incorporating pharmacies and auto service centers into its stores which incited even more growth. By 1979, there were 276 Wal-Mart stores in 11 states. During the early 1980ââ¬â¢s Wal-Martââ¬â¢sâ⬠¦show more contentâ⬠¦This motivational strategy allows employees to benefit from their performance which will in turn make the companyââ¬â¢s overall performance better. Home office management associates are eligible to receive additional compensation through stock options. Associates can become shareholders through the Associate Stock Ownership Plan. Wal-Mart also contributes 15% each year toward associate sto ck purchases. This contribution is capped at $1,800 each year. Since the typical Wal-Mart employee only makes between $6 and $7.50 per hour, most are unable to afford the stock options and only one in fifty associates participate in the program. Wal-Mart associates also receive 10% off selected store merchandise and are offered discounted child care through four national providers (Peterson Coleman). These benefits help Wal-Mart keep its best and brightest employees. Diversity Challenges Problems in businesses conducted across cultures often arise when individuals from one culture are not able to understand culturally determined differences. The most common difference is the language barrier if individuals are not fluent in the language. With individuals, who donââ¬â¢t speak the same language, the use of nonverbal cues can explain what is trying to be communicated. Nonverbal cues and behaviors vary from one culture to another. For example, people from the U.S. are taught to use direct eye contact when communicating; in manyShow MoreRelatedWalmart Organizational Management3452 Words à |à 14 PagesWalmart Organizational Management Name Institution Affiliation Organizational Context Wal-Mart Stores Inc. or Walmart is a multinational retail organization that has numerous chains of large discount warehouse and general stores. The company was formed in 1962 by Sam Walton as a family-owned business. It was incorporated in 1969 and traded on the Stock Exchange of New York publicly in 1972. Since then this organization has grown strength to strength winning various accolades. In 1988, itRead MoreWalmart s History And Management2059 Words à |à 9 PagesWalmartââ¬â¢s History and Management Walmart is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores. Wal-Mart controls over 11,500 stores in 28 countries around the world. It was founded in 1962 by Sam Walton. Walmartââ¬â¢s CEO is Doug McMillon and the Chairperson of Board of Directors is Greg Penner. Walmart as we know it today evolved from Sam Waltonââ¬â¢s goals for great value and great customer service. He believed in leadershipRead MoreWalmart : Supply Chain Management1334 Words à |à 6 Pageschain management is Walmart. In 1962, the first Walmart was open, so was Target and Kmart. Sam Walton was the founder of Walmart. Mr. Walton was known for his ways of being cheap in business and in his personal life. Walmart was mainly a success because of Mr. Waltonââ¬â¢s wanted to keep costs low and then use the cost advantage to lower down prices even more than they were. After he did this he could then turn around and increase his volume in a product. It went round and round and now, Walmart standsRead MoreOperations Management Analysis For Walmart2766 Words à |à 12 PagesOperations Management Analysis for Walmart I. Introduction Walmart is a multinational retail store based in the US. According to the Fortune Global 500 in 2015, it is the worldââ¬â¢s largest public corporation. Its operations are organized into three divisions: Walmart Stores US, Samââ¬â¢s Club, and Walmart International. The company has nine different retail formats, including supercenter, food and drugs, and membership stores. According to Yahoo Finance, Walmart is in the industry called ââ¬Å"Discount,Read MoreWalmart Management Structure, Help Or Hindrance2847 Words à |à 12 Pages Walmart Management Structure, Help or Hindrance Kristine Ehlebracht kbethwill@aol.com MGMT 591- Leadership and Organizational Behavior Prof. Van Apeldoorn August 5, 2014 Table of Contents Introduction Pg. 3 Problem Statement Pg. 4 Literature Review Pg. 5 Analysis Pg. 7 Solutions Pg. 9 Reflection Pg. 11 References Pg. 13 Introduction The company I am reviewing for this research paper is Walmart. Walmart is a global company that originated in the 1960ââ¬â¢s byRead MoreWalmart: Organizing Funtion of Management1007 Words à |à 5 PagesOrganizing Function of Management Organizing is defined as the assembly and coordination of the human, financial, physical, informational, and other resources needed to achieve goals. (Bateman Snell, 2009, pg. 20) This function is also referred to as the function used to build a dynamic organization. (Bateman Snell, 2009, pg. 20) When looking at the organization process Sam Walton the founder of Wal-Mart made sure from the very beginning to keep up with his competitors. In 1972 Kmart expandedRead MoreWalmart Information Management System773 Words à |à 4 PagesWalmart Information Management System (IMS) Walmart is a retail giant that just about everyone in America has purchased something from them. It is a one stop shop for anything that a person could ever need. Walmart stores can be found anywhere in fact most people are less than an hour drive away from a Walmart store. Walmartââ¬â¢s success has put many companies out of business. The chains success is primarily from low prices and using an information technology system to meet customer demands givingRead MoreWalmart And Supply Chain Management Essay881 Words à |à 4 Pagessupply chain management is Walmart. In 1962, the first Walmart was open, so was Target and Kmart. Sam Walton was the founder of Walmart. Mr. Walton was known for his ways of being cheap in business and in his personal life. Walmart was mainly a success because of Mr. Waltonââ¬â¢s wanted to keep costs low and then use cost advantage to lower down prices to increase volume. It went round and round and now, Walmart stands as one of the largest retail s tores globally. Within the last ten years, Walmart has becomeRead MoreEssay on Walmart- Functions of Management2070 Words à |à 9 PagesFunctions of Management Wal-Mart has several internal factors that affect the four functions of management. Two of these factors are diversity and ethics. Wal-Mart is a strong believer in diversity. ââ¬Å"We make diversity part of our business plan, ensuring we can continue to be a global leader in all aspects of Diversity and Inclusionâ⬠(Diversity, para 1). Wal-Mart uses diversity at all levels of employment. Through diversity, Wal-Mart can use the four functions of management to achieve theirRead MoreCase Study : Walmart s Operations Management1202 Words à |à 5 Pagescorporation. Since it is a big corporation I was mostly interested in learning more about the Walmart Corporation. Walmartââ¬â¢s operations management covers a mixture of concepts that focus on managing the supply chain and inventory, as well as sales performance2. The company has become successful because it follows an effective performance in operations management2. This paper will be giving some information about Wa lmart and how it came to be. Also, there will be an analysis of the different business operations
Thursday, December 12, 2019
Business Plan for a Real Estate Business in Bangladesh free essay sample
It will make good quality flats for clients to live and enjoy lot more exclusive facilities. All these will be available at a very reasonable price. Since we believe in economies of scale. Slogan: ââ¬Å"feel like living on heaven in every momentâ⬠Financing: To start up the business, Tk. 20 crores will be required, some additional needs to be financed by the bank. The loan will be repaid by five years. Confidentiality: This Business Plan is strictly confidential and is the property of the co-owners mentioned above. Any reproduction of the material inside will result is strictly prohibited. There has always been a good demand in the real estate market, and as the income level of the people of Bangladesh grows, that demand is surging even further. People want to buy unique, good-looking and attractive flats, but they want a good value for their money as well. Thatââ¬â¢s where we come in. We offer excellent quality flats, at reasonable prices. Another uniqueness of our business is that we have a separate line of apartments for office/bank use only. There is currently no such real estate companies in Bangladesh that offers an exclusive line of apartments. Therefore, in this segment, we can enjoy the benefits of being an oligopolist. On the other hand, we have the business-to-business prospect. Due to good economic growth, apartments are on the rise.Raihan with share of profit and loss according to ratio of equity invested. Together, we have gathered the necessary expertise required to run a real estate business. Initially, we will of course incur losses, but we plan to make profits in the fourth or fifth year. Real Estate Industry Analysis Industry Analysis: Real estate is a fixed, tangible and immovable asset in form of houses or commercial property. Real estate market involves developing, renting, selling/purchasing and renovating of these assets (houses). Market participants includes o Developers (contractors, engineers, and so on), o Facilitators (mortgage companies, real estate brokers, banks, anagement agents and so on), owners, renters (leasers) Each product (house) is unique in terms of buildings, location, and financing thus market has heterogeneous products. Transaction costs are high and the process is usually long. Though there are mobile homes, but the land underneath is till immobile, real estate is an immovable asset. Market Segmentations: The main factor that affects demand in real estate industry is demographic features. The demographic variables include population size and growth, cultural background, beliefs. However, other factors like income, price of housing, cost and availability of funds, consumer preference, supplierââ¬â¢s preference, price of substitutes and compliments.Future Outlook: One of the most startling statistics regarding real estate in this country, and a fact few people even realize, is that big portion of land in the Bangladesh is held either by the Government or is being used for agricultural purposes. The total farm area comprises about 62% of the total geographical area, forest area accounts for 15%, Perennial water 11% and urban area only 01%. The physical landscape is characterized by small arable fields. There are over 11 million farm holdings with more than 65 million fragments. The pattern of land ownership is highly skewed. 5% for the families having land above 7. 2 acres own 26% of the land and 70% of the families having land below 2. 5 acres own only 29% of the land.The per capita availability of crop land is at present only 0. 24 acre. Land utilization statistics indicate that 54% of the net cropped area is single cropped and area under double and triple cropping account for 72% of the gross cropped area. 20% of the total cropped areas have irrigation facilities. Yield is low i. e. rice -0. 703 metric ton per acre. Annual food deficit ranges between 1. 5 2. 0 million metric tons. Frequent natural calamities like cyclone, flood, drought, tidal bore etc. add to the shortfall of crops and livestock. What this means is that only few portion of the country is available to support all residential and commercial uses.This equates to nearly 1800 people per square mile of land by 2020. Despite the mortgage crisis and resulting financial meltdown of the last several years, these statistics seem to indicate that owning real estate in Bangladesh will continue to be a wise investment. In the very basic economic sense, there is no more land being created (limited supply) and more population density every day (increased demand). ? Economy: Growth in FY2010 was better than expected in April 2010 in Bangladesh, as a pickup in domestic demand neutralized the impact of weak expansion in exports. Inflation came in below the April projection, and the current account surplus was higher.For FY2011, this Update retains the outlook of a moderate uptick in growth, but with a slightly lower forecast for inflation and a larger fall in the current account surplus. To raise growth prospects, power and gas shortages need to be eliminated and reforms accelerated. More fundamentally, political stability will be critical to boosting growth. The bankââ¬â¢s Monetary Policy Statement (MPS), issued in July 2010, indicated that there may have been some diversion of private credit into consumer spending and into speculative investments in the stock market and real estate. . So we are expecting that, the economic condition in Bangladesh will be much better for business. If we also consider the given figures the scenario will be clear more.
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