Thursday, August 27, 2020

Demand and price elasticity of demand Essay Example | Topics and Well Written Essays - 1500 words

Request and value flexibility of interest - Essay Example On account of Bordeaux, the buyers had proposed a low wine cost. This infers lessening the cost of the wine will cause the ware to be progressively moderate to the customers (Sheffrin, B. 2003). This would expand the interest of the item along these lines expanding its flexibly. Increment in the gracefully of Bordeaux wine would expand the quantity of deals. Value versatility of a wares request includes a measure that is utilized in economies in indicating the flexibility responsiveness of the amount of the item that is requested towards an adjustment in the product’s cost. In this regard, it gives the rate change of the amount of the item that is requested to follow a reaction to an adjustment in the cost. Value versatility can be viewed as negative in spite of the way that investigation would consistently overlook the negative sign prompting equivocalness (Peters, K. 2006). A positive value versatility of interest happens for a situation where the items don't fulfill the law of interest. In this regard, the interest of the wine would be supposed to be inelastic when the value versatility of interest (PED) is beneath one. This suggests the value changes have an essentially littler impact on the measure of wine that is requested. Then again, the interest of Bordeaux wine would be supposed to be flexible at whatever point the value versatility of is mutiple. This implies the adjustments in the items cost would significantly impact the measure of the wine that is requested. On account of Bordeaux wine, the interest of the item could be supposed to be flexible. This is so on the grounds that the interest of this wine is firmly influenced by changes in cost. Subsequently, expanding the cost of the item would decrease the interest of the item where as lessening the cost of the item would have an impact of expanding request of the item (Knugman, R. 2005). It is hence that the dealers who were reached through The Times contend that they could possibly acknowled ge the wine when the cost of the wine is diminished to around ?95 out of 2008 for the best brands contrasted and the ?318 of every 2007 vintage (Sage, A. and Pavia, W. 2009). These financial specialists contend out that when the cost of wine is higher than the proposed one, there would be no clients. This is a reasonable sign that the interest of Bordeaux wine was flexible. Part B. The measure of the wine requested is typically a solid part of its cost. A contextual analysis never really out the amount of the wine requested at different value levels with the various elements kept consistent, would result into the table 1. Table 1. Request plan. year value Average value amount 2002 95 170 133 700 2003 192 253 223 500 2004 141 145 190 159 600 2005 472 480 622 523 300 2006 450 622 536 200 2007 318 466 392 400 Graph 1. The diagram speaks to the amount of the wine that is requested as the variable that is Independent (x-pivot) and the cost as the variable that is reliant (y-hub). As per the law of interest the amount of the item that is requested will consistently move towards the contrary value course. This is seen in the diagram above through the descending interest bend incline. At the point when one moves along the bend, an adjustment in the cost of the wine would result into an adjustment in the amount that is requested. At whatever point there exists an adjustment in the impacting factor other than value there could be a move in the interest bend either towards the privilege or the left,

Saturday, August 22, 2020

Mia Brand Swot Analysis

TANISHQ INTRODUCTION Tanishq has extended its portfolio with the dispatch of sub-brand Mia, a line of adornments focused at working ladies. The line involves two unmistakable plans headings †one in the advanced and another in the ethno contemporary space. Mia is intended for ladies in a hurry, who are occupied with different callings and have a settled embellishment gathering, tragically barring gems. Fine adornments that working ladies purchase is generally for conventional events, and don't have a contribution for their day by day wear in the market. Tanishq is most appropriate to comprehend the necessities of these buyers and has assembled a magnificently made, all around planned adornments assortment, which will make them love to go to work. This assortment is high on structure remainder, light in weight, moderate and able for the present current lady. Mia has more than 100 plans estimated at Rs 5,999 onwards and the assortment is accessible over the 130 Tanishq outlets in more than 76 towns. The goal is to take gems wearing events past weddings and exceptional occasions. Kulhalli ,VP (retail, showcasing and stock) thinks focusing on the 5,000,000 working ladies is sufficient open door as expanding desire levels and the quantity of ladies entering the workforce will drive spending. The new sub-brand will likewise help open up another purchaser age gathering, in a gems advertise where heft of the deals is in the 30-60 age gathering. Plan PHILOSOPHY Mia Tanishq is a dazzling scope of fine, urban-chic, reasonable gems beginning at Rs. 999 solely made for Working Women to guarantee that you're acknowledged in your work spot and causes you to make the most of your work life more than ever. In light of 2 plan bearings, Quest (no start and no closure †Infinity) and Blossom (Born to Blossom †Born to Shine †Floral), this assortment is genuinely a victor at work. Really catching the substance of the urban, free working ladies, Mia is enlivened by the uniqueness of every single one of you and genuinely extends force, certainty and taste. SWOT ANALYSIS Strengths 1. It has a youthful and present day approach and plans are urban chic. 2. Reasonable value ranges are beginning from 5999 3. Promoting technique is solid and persuades the crowd. 4. Market extension is acceptable, accessible at different outlets Weakness 1. Solid contenders 2. Gold Perception †Since gold is normally considered as a venture and the gold costs are unstable. 3. Gold purchasing is for the most part thought to be a custom for events like wedding and other significant capacities . Opportunities’ 1. Target crowd is the common laborers lady in India, around 5 million lady are working in India in Tier 1 and Tier 2 urban communities so it is an extraordinary chance. 2. With Globalization, parcel of chances in the universal market. 3. It is a sub brand of Tanishq the main jwellery creators , and has great piece of the pie in Indian jwellery industry. Dangers. 1. Intense rivalry with other jwellery brands. 2. Neighborhood jwellery shops 3. Government guidelines 4. Criticalness on Gold.

Friday, August 21, 2020

I

I Como vosotros debéis saber, voy a pasar el verano trabajando con Telefónica en Madrid. Pues, llegué el sábado pasado- entonces, hace dos semanas enteras que he vivido aquí. Tengo una habitación en la Puerta del Sol, un móvil nuevo (cuyo número todavía no recuerdo), un abono mensual para el metro, mi propio escritorio en la oficina, ya he comdio paella y tortilla española, y sé la manera más rápida de viajar a la oficina, y que quiere decir la noche madrileña. In other words, Im totally settled in! =) (Translation: As you guys should know, Im spending this summer working for Telefónica in Madrid. Well, I got here last Saturday, so Ive been living here for a two whole weeks. I have a room in Puerta del Sol, a new cell phone (whose number I still cant remember), a monthly metro pass, my own desk at the office, Ive already eaten paella and tortilla española, and I know the fastest way to work and what they mean by la noche madrileña- the night in Madrid.) So thats the one paragraph summary, but after that I dont even know where to begin. I guess the beginning is best- I got here Saturday afternoon and was met at the airport by Mónica, who is the sister of my friend Martín. (Their family used to live in Madrid when they were kids. Their parents moved with them to the US, but 3 of the 4 siblings have made their way back here to live, or study in college.) Martín was in most of my classes in high school (Spanish included), and even though he drove me crazy, he helped me learn a ton of Spanish. (If we were passing notes in class, not like we would ever do that, of course, but just suppose we passed notes in class about trivial gossip, he would insist that I respond to him in Spanish, then would return the note with his response, along with corrections on my grammar. Im not kidding. He totally (would) do that when (if) we passed notes.) Anyway, Mónica showed me around a little, and then took me to Puerta del Sol. Id been emailing with a woman who lives there about renting a room in her apartment, so I went to check it out. Well, its the smallest apartment I think Ive ever been in but I loved it, and its in a super cool area- Puerta del Sol is kind of like the Times Square of Madrid- there are more people in the streets outside my apartment at 2 AM than 2 PM, so its pretty cool place to live! So she (her name is Berny) told me to come back the next day with all my stuff (since I had already planned to spend the first night with Mónica). Then Mónica and I left to meet the rest of her siblings (Martín is studying in China right now, but thanks to him I already have a bunch of friends here!), and Berny left to go meet with another girl who might end up being my roommate. So we hung out around Puerta del Sol for awhile, then made our way back to the Metro so we could catch the last bus back to Mónicas house, which is actually in the suburbs. As soon as we entered the Metro stop, I heard someone yelling my name with an American accent. Um, what? It turns out it was Lauren M 10, who also lives on Conner 2, and who I knew was getting to Madrid the same day as me to start her job with GMV, an aerospace firm. Laura, guess what, I just got an apartment! And the moment she said that, I knew. With Berny, right? Yeah, do you know her? Okay, you math geeks, someone out there please tell me, in a city the size of Madrid, what exactly are the odds of that? So within 12 hours of landing in Barajas Airport, I had my first utterly insane story of the summer. My friends are always telling me that one day, my life will make a really entertaining movie. I spent the next day moving into my new apartment, tracking down the suitcase that never made it all the way to Madrid, buying a new cellphone, and trying to remember all that Spanish that I hadnt used in 3 years. Monday was my first day at work, and seriously, my job is awesome. I basically have a Media Lab UROP. Im working in the ambient intelligence group. Ambient intelligence is the idea that computing should be ubiquitous, invisible, and intelligent. So, for example, as you drive home from work, your car should send a wireless signal to your house and tell it to turn the heat back on. This means there are computers everywhere, theyre all connected, and they do what you want them to either without you telling them, or with a very natural interaction. Typing on a keyboard and clicking things with a mouse are very NOT intuitive. Computers should be able to recognize your voice and gestures, and react to you that way. Another good example is something that my coworker David is working on- a smart cell phone that offers tourist advice. Say youre out in an unfamiliar city, and youre getting hungry. Your cell phone can take your coordinates from its GPS, some preset preferences youve entered, the time of day, and recommend some nearby restaurants that are open at that time- and then give you directions right to its door. Maybe after you eat there you can tell your phone whether you liked it or not, and your phone would learn through experience, comparing possible suggestions to your rankings, and the rankings of other people in the network with similar preferences. So Ive been doing a lot of reading lately, half in English and half in Spanish, and most of it straight out of MIT. No joke. Most of the projects Ive been researching have been products of the Media Lab. I think my boss is trying to make me feel at home. Were still working on defining my specific project, but Ill keep you updated when I know more about it. So my job is cool, and my coworkers are even cooler. Ive made a bunch of new friends here, who are all super friendly and oddly excited to hang out with Americans. Ive already gone out with people from work at least 3 different times. They really like showing us typical hangouts in Madrid, and giving us advice about what to see and do. Plus, all of us speak varying levels of both English and Spanish, so we have a lot of bilingual fun teaching each other. David writes emails to me in English, and I respond in Spanish. Theres a sheet of paper on his desk to which I keep adding useful tidbits of American culture and the English language. I call it his American scrapbook. On Friday, Carlos spent all of our lunch hour making me attempt various Spanish tongue twisters so he could laugh at my accent. But let me tell you, hearing She sells seashells by the seashore in a Spanish accent is quite hilarious! So, Im having a great time over here! I live right near Puerta del Sol and La Plaza Mayor, which are famous sightseeing spots, so Ive seen them. I also took a trip to Retiro Park last Sunday, but other than that I havent really done many of the typical touristy things yet. Then again, there arent many. But Adelaide 09 is coming to visit this weekend, so well be sure to visit some of the more famous places when she gets here! (This all means that I have no pictures for you yet- sorry! I dont think Ive brought my camera with me anywhere yet!) Anyway, Madrid is more a city to be experienced than to be seen, and Ive been doing a lot of experiencing! I love the food. I am going to be so sad when I go back to the US and cant have chorizo anymore. (I mean okay, chorizo is possibly the most fattening food ever, but still.) Well, Ive got to go grocery shopping, so we can cook something in time for dinner- which is served around 10 PM over here. Ive actually gotten used to that pretty quickly, but Im still not used to eating my largest meal at 2 PM! (Spanish lunch is the biggest meal of the day.) Hasta luego!

Monday, May 25, 2020

What Is a Smart House What is Domotics

A smart house is a home that has highly advanced, automated systems to control and monitor any function of a house — lighting, temperature control, multi-media, security, window and door operations, air quality, or any other task of necessity or comfort performed by a homes resident. With the rise of wireless computerization, remote-controlled devices are becoming smart just-in-time. Today, its possible to pin a programmed chip onto any occupant and have systems adjust as a person passes by and through a smart house. Is It Really Smart? A smart home appears intelligent because its computer systems can monitor so many aspects of daily living. For example, the refrigerator may be able to inventory its contents, suggest menus and shopping lists, recommend healthy alternatives, and even routinely order groceries. The smart home systems might even ensure a continuously cleaned cat litter box or a house plant that is forever watered. The idea of a smart home may sound like something out of Hollywood. In fact, a 1999 Disney movie titled Smart House presents the comical antics of an American family that wins a house of the future with an android maid who causes havoc. Other films show science fiction visions of smart home technology that seems improbable. However, smart home technology is real, and its becoming increasingly sophisticated. Coded signals are sent through the homes wiring (or sent wirelessly) to switches and outlets that are programmed to operate appliances and electronic devices in every part of the house. Home automation can be especially useful for the elderly, people with physical or cognitive impairments, and disabled persons who wish to live independently. Home technology is the toy of the super-wealthy, like Bill and Melinda Gates home in Washington State. Called Xanadu 2.0, the Gates house is so high-tech that it allows visitors to choose the mood music for each room they visit. Open Standards Think of your house like its one, big computer. If you ever opened up the box or CPU of your home computer, youll find tiny wires and connectors, switches and whirling discs. To make it all work, you have to have an input device (like a mouse or a keyboard), but even more importantly, each of the components has to be able to work with each other. Smart technologies will evolve more quickly if people didnt have to buy entire systems, because lets face it — some of us arent as wealthy as Bill Gates. We also dont want to have 15 remote control devices for 15 different devices — weve been there and done that with televisions and recorders. What consumers want are add-on systems that are easy-to-use. What small manufacturers want are to be able to compete in this new marketplace. Two things are needed to make homes truly â€Å"smart,† writes research journalist  Ira Brodsky in Computerworld. First are sensors, actuators and appliances that obey commands and provide status information. These digital devices are already omnipresent in our appliances. Second are protocols and tools that enable all of these devices, regardless of vendor, to communicate with each other, says Brodsky. This is the problem, but Brodsky believes that smartphone apps, communication hubs and cloud-based services are enabling practical solutions that can be implemented right now. Home energy management systems (HEMS) have been the first wave of smart home devices, with hardware and software that monitors and controls a homes heating, ventilation, and air conditioning  (HVAC) systems. As standards and protocols are being developed, the devices in our homes are making them appear smart—very smart! Prototype Houses The U.S. Department of Energy encourages new smart designs by sponsoring a Solar Decathlon, held every other year. Architecture and engineering college student teams compete in a number of categories, including intuitive control of devices and appliances. In 2013 a team from Canada described their engineering as an integrated mechanical system controlled by mobile devices. This is a student prototype of a smart home. Team Ontarios design for their house is called ECHO. Domotics and Home Automation As the smart house evolves, so, too, do the words we use to describe it. Most generally, home automation and home technology have been the early descriptors. Smart home automation has derived from those terms. The word domotics literally means home robotics. In Latin, the word domus means home. The field of domotics encompasses all phases of smart home technology, including the highly sophisticated sensors and controls that monitor and automate temperature, lighting, security systems, and many other functions. No need for those pesky robots, however. These days most mobile devices, like smart phones and tablets, are digitally connected and control many home systems. And what will your smart home look like? It should look just like what youre living in now if thats what you want. Sources Amazon Lets Users Create Their Own Smart Home by à ngel Gonzà ¡lez, The Seattle Times for Government Technology, April 6, 2016Sources: 19 Crazy Facts About Bill Gates $123 Million Washington Mansion by Madeline Stone, Business Insider, Nov. 7, 2014; The race to create smart homes is on by Ira Brodsky, Computerworld, May 3, 2016 [accessed July 29, 2016]

Thursday, May 14, 2020

Where Is English the Official Language

The English language developed in Europe in the middle ages. It was named after a Germanic tribe, the Angles, that migrated to England. The language has been developing for over a thousand years. While its roots are Germanic, the language has adopted many words that originated in other languages.  With words from many different languages making their way into the modern English lexicon as well.  French and Latin are two languages that had a large impact on modern English. Countries Where English Is an Official Language AnguillaAntigua and BarbudaAustraliaBahamasBarbadosBelizeBermudaBotswanaThe British Virgin IslandsCameroonCanada (except Quebec)Cayman IslandsDominicaEnglandFijiGambiaGhanaGibraltarGrenadaGuyanaIreland, NorthernIreland, Republic ofJamaicaKenyaLesothoLiberiaMalawiMaltaMauritiusMontserratNamibiaNew ZelandNigeriaPapua New GuineaSt. Kitts and NevisSt. LuciaSt. Vincent and the GrenadinesScotlandSeychellesSierra LeoneSingaporeSolomon IslandsSouth AfricaSwazilandTanzaniaTongaTrinidad and TobagoThe Turks and Caicos IslandsUgandaUnited KingdomVanuatuWalesZambiaZimbabwe Why English Is Not the Official Language of the United States Even when the United States was made up of various colonies, multiple languages were commonly spoken. While most colonies were under British rule, immigrants from all over Europe chose to make the New World their home. For this reason, during the first Continental Congress, it was decided that no official language would be chosen. Today many think declaring an official National language could violate the first amendment, but this has been untested in the courts. Thirty-one states  have chosen to make it the official state language. English may not be the official language of the United States, but it is the most widely  spoken language in the country, with Spanish as the second most common language. How English Became a Global Language   A global language is one that is spoken by millions of people around the globe. English is one of these languages. But as an ESL student will tell you, English is one of the hardest languages to master. The sheer size of the language and its many linguistic oddities, like irregular verbs, can be challenging for students. So how did English become one of the most commonly spoken languages in the world? After World War  II, technological and medical advances in English speaking nations made the language a popular second choice for many students. As international trade grew larger each year, the need for a common language also grew. The ability to communicate with clients all over the world is a valuable asset in a global economy. Parents, hoping to give their children a leg up in the business world, also pushed their children to learn the language. This helped propel English towards being a global language. The Language of Travelers When traveling the globe, its worth noting that there are few places in the world where a little English wont help you out. While its always nice to learn some of the language of the country youre visiting, having a shared common language to fall back on is great. It allows speakers to feel like they are a part of the global community.

Wednesday, May 6, 2020

Anti Depressant For Seven Years - 1790 Words

I have taken the anti-depressant Paxil for seven years. This summer I began a gradual tapering off the anti-depressant medication. Each time that I have tried to quit taking paxil, I experience acute dizziness. Doctors call this Anti-Depressant Discontinuation Syndrome. I call it miserable. As I enter my sixth week weaning off from the paxil, I m noticing more and more problems with dizziness, vertigo, balance and nausea. It is compounded by heat, humidity and allergy issues. The last time I missed several doses of paxil, I had an acute attack of dizziness, nausea, disorientation, hallucinations and violent half awake dreams. The doctor diagnosed it as BPPV (Benign Paroxysmal Positional Vertigo). I was prescribed an anti-histamine which†¦show more content†¦Any eye or head movement causes a violent chain reaction of dizziness, sensations of swimming vision and mini tremors of shock waves of the brain. Needless to say this terrific dizziness sets off waves of nausea as well. Even lying down, with eyes closed the swimming vision continues. Doctors mention that many people mistake these withdrawal symptoms as a return of symptoms masked by the Paxil or anti-depressant. Many return to the medication to prevent the symptoms. Managing this antidepressants discontinuation syndrome and concomitant dizziness and vertigo isn t easy. I have read that it can take several months to a year to be rid of them. For more information on at-home therapeutic techniques for coping with Anti-depressant Discontinuation syndrome and the dizziness it causes, visit me at www.healthhelp4u.blogspot.com. Depression Realism - Self delusionI made a lot of important decisions in my life when the situations were most demanding. There was little time to indulge in research. I had to make assumptions and submit entirely to Almighty and make the decision. And surprisingly, those decisions have had a life changing effect, for the better. 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Tuesday, May 5, 2020

Accounting Policy on Corporate Tax Avoidance

Question: Discuss about theAccountingfor Policy on Corporate Tax Avoidance. Answer: The Vision and Mission Statement The vision and the mission statement of the organization summarize their goals and objectives. Both of them serve differently for the company. The mission statements concentrate on the present; the mission outlines what a company wants to do now and a vision outlines what the company wants to do in the future. The focus of the vision statement is the future. It is a source of the inspiration and motivation. The mission statement informs about the desired level of the performance. Therefore, it can be said that the mission statement talks about primary objectives and the purpose of the organization and the vision statement is the statement, which states where one wants to be. Brambles is a supply chain logistics company which has its presence in over 60 countries(Blackmores.com.au). The largest operation of the company is in North America and Western Europe. Brambles have its headquarters in Sydney. Brambles provide services related to the supply chain logistics to its customers. Blac kmore is the Australias leading health company. The main aim of the company is to inspire people to control and invest in their well-being. Blackmore is the leading company in Australia for over 70 years. The vision of the company is to become the primary choice healthcare of the country. The company wants to establish a strong culture that promotes patients care, staff engagement by the help of new technologies and strategic alliances. The mission statement is to promote the healthier communities through the compassion and comprehensive health and human services, regardless of the activity to pay. The mission of Brambles is to be the worlds leading provider of the innovative business solutions in the support service. The company creates value by providing the outsourcing expertise to add exceptional value in the eyes of the customers. The company also creates value for the shareholders through the people and their enterprising spirit. The companys vision is to provide its primary i mportance to the customers. The company strives for success. The company is committed to provide safety, diversity, people and the teamwork. The company thus, believes in the culture of innovation. The Values of the Company The values that are associated with the blackmores company is the natural healthcare that will be considered as the core of the organization. It is not just the philosophy rather it is how they do the business. As per the company, the success of it depends on putting focus on the customers, innovative thinking along with responsible action towards the local community and the environment. All the values of the company are known as PIRLS, they are behavioral and aspiration. The values of the brambles are committed to zero environment harm including eliminating deforestation; to protect, restore and promote sustainability in terms of the use of forest in the value chain of the company. The Corporate Social Responsibility For the last two year, Brambles limited is included in the Dow jones sustainability world index (DJSI), this index identifies organizations that led their companies in the corporate social responsibility (CSR) (brambles.com). Therefore, it can be stated that Brambles works mainly through the CHEP and IFCO brands and it provided the supply chain solutions to its customers. In June 2015, CHEP North America introduced the corporate social responsibility, which included unique services to help the consumers to optimize their supply chains and therefore, to support the corporate social responsibility initiatives. The portfolio of the solutions is developed to assist the partners to shift products from firms or the shift various product to the different stores from the production center efficienly, addressing the damage of the product and the failed unit loads and empty the transport miles (brambles.com). CHEP North America had identified the process of efficient elimination of the waste o f the company and the way to improve the supply chain performance by considering certain facts like logistic, supply chain platforms, international trade, transportation and others.. One of the retailer joined with CHEP to test the new transportation solution and it is been estimated that the retailer will fill almost one million empty trailer miles which would generate a revenue of US $ 2.5 million (brambles.com). The three of the main retailers of grocery, which uses the unit load optimization solution, reduced damage at their distribution centre and the retailer saves about US $ 300000 in their supply chain (brambles.com). The DJSI considers the analysis of the corporate economic, environment and social performance, it assess issues that relates to the corporate governance, management of risk, branding of the product, mitigation in the climate change, the standards of the supply chain and the labor practices. According to the index, the name of the Brambles Limited has been included in the DJSI because of the code of conduct and the corporate governance. The company also ranked higher in the scale of the climate strategy and the policy meant for the environment. Therefore, according to the employees of the company it is been stated that the company is built on the principles of the sustainable. They are building a long-term relationship with the sustainable business that aims at serving the customers, the employees and the shareholders of the company. The company also supports the longleaf pine restoration in the USA (brambles.com). The Longleaf Alliance is a nonprofit organization that helps to promot e to retain, manage and restore the Longleaf Pine around the country. Therefore, CHEP USA has supported the organization for a number of years. In the year 2015, the collaboration assisted landowners and partners with planting of trees 2.99 million trees (brambles.com). The financial assistance is provided by the CHEP for the planting of trees (Navi 2012). Blackmore has committed to the sustainability and the social responsibility. Being the corporate and the responsible citizens, they believe that the issues of environmentally sustainable practice relating to all aspects of the business must be addressed by them. The business should demonstrate care, respect for the people and the compassion and the safe and the healthy community. Blackmore keeps on exploring the ways to reduce the product packaging impact on the environment. The recycling of the packaging product shall be increased and the company should develop the sustainable packaging solutions. The company is the founding signatory to the Australian packaging covenant, a sustainable packaging initiative that thus, changes the culture of the business. The agreement between the industries and the companies that have been made tries to aim at the packaging sustainability issues and provide funds for the same. Blackmore has started using glass in the container since early 60s comparing with the longevity and the protection that it provides to the product. The glass can be recycled easily. In the year 2014, the company made use of the process of closed loop for the bulk deliveries. The use of the closed loop will eliminate the plastic waste (Zentes et al. 2016). It reduced the handling time and the operational costs have also reduced to a certain level and have become environment friendly. The quality of materials that are used by the company is environment friendly and does not include any of the toxic items like mercury. The company is the company has initiated the the use of the Planet ark Australian recycling label and the use of paperless order picking. The entire environment and the sustainability initiatives are managed by the company along with the maintenance of the compliance with the Therapeutic Goods Administration high standards, which is related to the goods manufacturing practice that ensures high standards of manufacturing the goods. Blackmores company primary focus is to protect the environment from the harmful particles that are emitted by the packaging industry (Blackmores.com.au). The company in its headquarters has a high range generation plant, which fulfills the need of the energy of the company. The company also supports various charitable and the non-profit making institutions by providing funds in the charitable institutions. Some of the institutions that the company supports are as follows- cancer council, Chris OBrien life house, cure brain cancer foundation, heart research institute, WWF, Quest for life foundation. Heart Ali an d many others.The company also supports Australian athletes named- Collingwood football club, holy Wawn and sam bloom (Blackmores.com.au). The companys festival that was named as Blackmores Sydney running festival raised $ 1.2 million for 33 official charities and attracted 32,000 participants. The company raise an amount of $ 15.5 million for the charity (Blackmores.com.au). The company also provides the employee charitable scheme for the employees where the employees are motivated to participate in the charitable scheme. The participating employees is provided with the deduction in the taxation paid by them by 0.5 percent (Blackmores.com.au). Value Created by the Shareholders However, with the investor point of view the Blackmore Company has the dividend payout and dividend reinvestment plan for the investors. Blackmore provides dividend to the shareholders of the company in March and September (Blackmores.com.au). The Brambles Limited have provided interim as well as the final dividend in the year 2016. In the year 2015, the company has provided final dividend to its shareholders. Between the years 2012 to 2014, no dividend was paid to the shareholders (Amiram et al. 2012). In the year, 2009 and 2010 the dividend and interim dividend both were paid to the shareholders (Blackmores.com.au). Reference Amiram, D., Bauer, A.M. and Frank, M.M., 2012. The effect of the shareholder dividend tax policy on corporate tax avoidance.Unpublished, University of Virginia, Darden School Foundation. Blackmores.com.au. 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Corporate social responsibility. Zentes, J., Morschett, D. and Schramm-Klein, H., 2016. Corporate Social Responsibility. InStrategic Retail Management(pp. 207-226). Springer Fachmedien Wiesbaden.