Managerial economics individual work week 12 Essay

Managerial economics individual work week 12 - Essay Example However, saying that you will open a given type of business because you are good in one thing would be a myth. That is because they do not always lead to successful ventures as other factors such as demand, opportunities and resources also affect performance of the venture. It is a myth to say that the customer is always right. In as much as the customer may be right in how he or she feels, they are usually wrong on many occasions. Businesses just use the statement to bend to the customer’s demands. However, the best approach would be to win the customer over and try to convince them to make a purchase. Thinking that you can open a store, and people will walk, is a thought founded on a myth. For customers to visit a shop, they must first be aware of its existence. Therefore, one needs to create this awareness through marketing or advertising. Also, customers do not just walk in unless you have what they need. Coming up with an idea and concluding that everyone will love it forms a myth. An idea may be great, but not everyone will love it. An idea will succeed if it meets the needs of people and also if the timing is good. Everyone loves quality. However, it would be a myth to say that quality guarantees success. That is because apart from quality, success also requires other factors such as a good marketing strategy, pricing strategy and even good customer relations. It is a myth to say that more people increase the speed of a project. On the contrary, more people may slow down the project. A large number slows down decision making as there is need to consult every time. Also, there may be conflicts during execution as the people may have different ideas of how to carry out the execution. To say failure is bad would propagate a myth. Failure is not the opposite of success. In fact, it is one step towards success. Failure helps us learn our weaknesses and mistakes. It makes us reflect on our decisions that led to the failure. One can,

Middle East Essay Example | Topics and Well Written Essays - 500 words

Middle East - Essay Example This perspective mostly refers to a conventional Muslim female whereby according to the creed ought to conduct themselves in a decent manner, which is having veil. Another meaning encompasses preferring hijab other than complete veiling whereby numerous current global regimes seem to prefer contending of security reasons as well as in certain settings like colleges and universities (Asser, 2006). Since, most people and especially scholars contend it reveals the face of an individual such without violating their rights. However, this argument varied religious leaders have vehemently detested contending it is a mere segregation. Different interpretations across numerous scholars and people globally regarding the issue of veiling stems from varying cultures especially in Arab world as well as certain Koranic verses that are extremely ambiguous (Asser, 2006). Hence, leading to the emerging of numerous arguments concerning where to draw line regarding veiling issue as well as accommodate certain practices that align with it (Asser, 2006). 2) Some Western states have created laws imposing limitations on veiling practices in public spaces. Choose a country discussed in the articles and explain what kinds of limitations are imposed and the justification for those limitations. In this state, the regime barred full-face veil in public places whereby the president contended the practice was basically a way of oppressing the female gender, hence France was not ready to bear it (BBC News, 2014). According to the regime of the day, the female gender ought not to leave their houses while hiding their faces behind veils whereby in contravening this rule one risks a penalty of 150-euro. Those participate in compelling one to have veil in public subjects himself or herself to a fine of 30,000-euro (BBC News, 2014). This ban extended even to barring of creed symbols in state schools with the intention of