Codfish market Essay Example | Topics and Well Written Essays - 1250 words

Codfish market - Essay Example There has been a decline in the production of codfish from the staggering 810,000 in 1968 to the 750,000 of 2008. The pricing per block of codfish has increased over that period because of the decreased supply of cod fish in the market. 4. Based on the (limited) information available in the posted sources, and your general economic knowledge, what factors have probably shifted the demand (curve) for cod, up or down, between 1968 and 2008? The demand of cod has been affected by the Canadian government policy on its production. The 1992 ban that closed the Northeast fishing beds affected the availability of cod in the fish market ultimately becoming inexistent until two decades later. 5. Based on the data in Figure 3 in the 1973 article, identify years in which the demand for cod must have shifted (compared to the year before) and which way it must have shifted. Looking at the entire twelve-year period, rather than year-by-year, is it clear what happened to demand between 1960 and 1971? The years where demand shifted include 1960-1962 the demanded of cod shifted upwards. From 1963-1965 the demand shifted upwards while 1965-1967 the demand shifted downwards. From 1969-1971 the demand for cod shifted upwards. Newfoundland, in 1968, produced 810, 000 metric tons of Atlantic cod. This figure represents the world’s total of cod at the time. The area produced 100% of all the Atlantic cod in the world. In 1992, Newfoundland produced almost zero metric tons of Atlantic cod. 7. One normally expects a competitive market to generate efficient levels of production. Do you think Canadian cod production was efficient from 1948-68? If a single firm had owned exclusive rights to the fishing grounds, then would this have likely led to the same or different levels of production? Would that solution have been more or less efficient? Which market failure(s) apply to this

Volunteer Turnover of a Sporting Club Essay Example | Topics and Well Written Essays - 1500 words - 2

Volunteer Turnover of a Sporting Club - Essay Example It is evidently clear from the discussion that football has successfully outmaneuvered many other team sports, such as ice hockey, basketball or handball, and has been accepted as the number one sport with regard to media attention and audience reception worldwide. The non-profit organization makes arrangements for the conducting of sports in order to generate money for some charitable purposes. Since these sports events are not conducted with any profit motifs behind them, volunteers are invited to participate in them for the recreation of the public on the one hand, and for some noble social cause on the other. Consequently, players, spectators and staff members attend the sporting club as regular participants and generate huge donations for the club. Since the staff and workforce play most important part in the development of an organization, decline in the volunteer turnover is really startling for the CEO, who has to make quick action in respect of exploring the reasons behind t he decrease in volunteer turnover. For this purpose, he should conduct interviews from the volunteers in order to extract the reasons behind their leaving the voluntary organization. The first question included in the interview would be decline in their interest as volunteers. The main reason behind asking the very question is the exploration of the causes that drift the fresh graduates away from the organization. The answer could be low salary, less growth opportunities and low social status as well. It is therefore the graduates will feel proud and delighted to work at Microsoft Corporation, but will not demonstrate any enthusiasm while working at the Bill and Melinda Gates Foundation, though both are owned by the same person. Macionis states that the non-profit organizations provide limited growth and exposure opportunities, which are not attractive and fascinating for the youth. Another important reason behind leaving the non-profit organization is this that all staff members wo rk against almost the same positions, and there are very dismal chances of promotion and salary increase. Thirdly, the voluntary clubs require very hard efforts from the staff members in order to generate money from different contacts and sectors on the on hand, and to keep the ball of struggle rolling for the social welfare purposes on the other. Somehow, in order to retain the volunteers at the sporting club, the CEO will highlight the benefits of the welfare and development of society. He will infuse new spark of hope and courage in them by stating that they are the distinguished individuals that would bring positive changes and revolutionary alterations within their social establishment by dint of their innate talent, hard work and dedication to the noble cause. The CEO will also reveal the benefits of sports and games, which keep the society healthy, vigorous and efficient. In addition, he will encourage them by stating that they are accomplishing the Herculean task by promotin g sports and recreation on charity basis, which will earn name, fame and respect for them for the future years to come.