Costa And Mccrae s Five Factor Theory Of Personality And...

Both Costa and McCrae’s Five Factor theory of personality and Eysenck’s PEN theory have been the subject of significant research in an effort to better understand human personality. This paper focuses on two opposing theories: Costa and McCrae’s Five Factor model, a lexically-based theory with five factors, and Eysenck’s PEN model, a biologically-based theory with three core traits of personality. Utilizing factor analysis, Raymond Cattell (1946) recognized 16 personality factors (16pf). Cattell believed each individual exhibits 16 distinctive personality traits, each person embodying different traits; some might be considered high in certain attributes while deemed low in others. Fellow scientists and associates criticized Cattell s 16pf questionnaire, and postulated that 16 personality factors were too many to effectively conduct studies on human personality. Different reactions came about because of the failure to reproduce Cattell s work. Numerous researchers, for example, Paul Barrett and Paul Kline were not able reproduce Cattell s 16pf questionnaire (Barrett and Kline, 1982). Nevertheless, in questioning the validity of Cattell s work and expanding on years of research examining personality traits, researchers were able to distinguish five distinct personality factors or characteristics. Cattell s work demonstrated a methodological approach to theory development through the use of factor analysis, a relatively new approach to psychological research (Sinha Show MoreRelatedFive Factor Theory1616 Words   |  7 Pageshuman personality and disorders therein, with the intent to use this model in the remedying of personality disorders and improving general understanding of personality. Currently, a handful of models have risen to prominence, and have thus far stood the test of time. Some models are more generally accepted than others. Support for some models seems to come and go in cycles. One of the more prominent models in contemporary psychology is what is known as the five-factor model of personality. ThisRead MoreFive Dimensions of Personality and Their Correlation with Job Performance2733 Words   |  11 PagesThe accurate definition of personality has been a point of discussion amongst many different philosophers within many different disciplines since the beginning of civilization. Personality can be defined as the relatively stable set of psychological characteristics that influences the way an individual interacts with his or her environment (Johns , 1996: 75). Personality has a rocky history within the workplace and organization behavior because of measurement problems. There is now a renewed interest

The Role of Food in The Great Gatsby and The Grapes of...

Eating and drinking is not only a necessity, but also a pleasure. Humans have known and experienced this since the beginning of man. Food plays a very important part in everybody’s daily life. However, the role of food in F. Scott Fitzgerald’s work The Great Gatsby and John Steinbeck’s novel The Grapes of Wrath vary immensely. The complexity and need for sustenance differ between the books, but both reflect the events, viewpoints, and attitudes of the time periods they are set in. The complexity of food and drink changes from book to book. Extravagant and sophisticated food and drink litter the background in The Great Gatsby. For instance, chapter three of The Great Gatsby describes â€Å"buffet tables, garnished with glistening†¦show more content†¦Chapter 3 incorporates a description of five crates of oranges and lemons arriving at Gatsby’s house, amongst many other elaborate food items (Thomas, 2010). These guests take notice of the lavish dishes scattered about the house, but further mentions of indulgence in his cuisine never surface. Also, the story never references Gatsby eating. His body never seems to experience physical hunger. Instead, emotional hunger pervades his mind. Gatsby yearns for Daisy’s love. His made up world engrosses him so much that actual food never is a must. However, the Joads find food immeasurably necessary. To them, sustenance is just that: a way to sustain themselves. Their meals deliver minimum nourishme nt, but it is just enough to keep them alive. It maintains their strength both physically and mentally. Meals offer time for the family to connect and inspire confidence in each other. Bonding occurs during mealtimes. In addition, they reassure one another that everything will be all right, no matter how dreadful their situation becomes. Food only provides somatic nutrition for the individuals in The Great Gatsby, but the characters from The Grapes of Wrath need food for both physical strength and emotional stability. The role of food also pertains to the time period in which the stories take place. The Roaring Twenties, a period of American prosperity and optimism, provides a backdrop for The Great Gatsby. Food closely parallels the wealthShow MoreRelatedInterpretations Of The American Dream1718 Words   |  7 Pages this deviation of the American Dream from its spiritual quest for the materialistic means of spirit produced a form of beauty and charm in its surface but resulted ungodliness in the spirit if inner mind. American Dream and ‘The Grapes of Wrath’. The Grapes of Wrath was published exploring the American Dream of farmers in Oklahoma as well as the landowners in there and California. The Joad family in the novel lives for an American Dream, which is to have a secure business and a place to liveRead MoreThemes And Styles Of John Steinbeck s The 4033 Words   |  17 Pageshis childhood there and readers learn about his home city and childhood in his works. Steinbeck wrote novels, non-fiction books, short stories, poetry, and plays. Some of his most impactful and recognized works include: Of Mice and Men, The Grapes of Wrath, The Pearl, The Moon is Down, East of Eden, In Dubious Battle, and Tortilla Flat. He was an investigative journalist who worked for the San Francisco News during his lifetime. He was a very controversial writer whose goal was to reform the currentRead MoreThe Blind Side Vs. Great Expectations2207 Words   |  9 PagesClassic Novels: The Blind Side vs. Great Expectations Classic novels are almost abundant in this day and age. One can find them almost anywhere, and the meanings can impact life in a major way. Although many books hold the honor of being considered a classic, some stories are on the outskirts, hoping to have the chance to join the ranks. Stories like these hope to one day join this honorable list. The Blind Side by Michael Lewis is one of those stories. The characters are relatable, the

Following Reconstruction After The Civil War, The Literary

Following reconstruction after the Civil War, the literary movement of realism gained popularity. Therefore, many works of literature during the late 1800s used realism as a key component. Two prominent pieces that exemplify this during this time period are â€Å"Daisy Miller† by Henry James and â€Å"The Yellow Wall-Paper† by Charlotte Perkins Gilman. Both of these works have elements of realism, however; â€Å"The Yellow Wall-Paper† is more effective in utilizing elements of realism than â€Å"Daisy Miller†. Realism, according to Howells, is ordinary he believes the novel should â€Å"be the sincere and conscientious endeavor to picture life just as it is† (552). Therefore, the story should be portrayed as close as possible to the lives of ordinary people†¦show more content†¦This does not seem to portray ordinary Americans lives. These details seem to imply that the story centers on characters that are fairly well off in terms of wealth. This is apparent about the Millers from Daisy’s younger brother, Randolph who comments about their father who does business in Schenectady and is rich (James 332). This information takes away from the realism in the story. Another aspect of this piece that does not fit with Howell’s version of realism is the character of Daisy. Daisy is a complex character who challenges social constructs of this time. Shortly after meeting Winterbourne, Daisy tells him, â€Å"I have always had a great deal of gentleman’s society† (James 333). This quote is her explaining her many male friends as well as her female friends. This brings up the idea of gender norms during this time period. She is a women but because of her interactions with men, she considers herself part of â€Å"gentleman’s society† (James 333). Not only does she not consider herself similar to other women in society, other characters are offended by her behavior as a women during this time period. For example, Mrs. Walker condemns her saying, â€Å"flirting with any man she can pick up† (James 353). This exemplifies the gender and social norms at the time, as no one has an issue with Winterbourne’s activities with various women. It is fairly well known that Winterbourne has a lady in Geneva, â€Å"a foreign lady- a personShow MoreRelatedHistorical And Literary Representations Of The Black Cat By Edgar Allan Poe2413 Words   |  10 Pagesskin. The term â€Å"race† is a multifaceted, complex topic that has been scrutinized and investigated over the period of Reconstruction in America through the lens of historical and literary representations. The ideals driven by the white American people have defined, and re-defined the origin of race and all the components that encompass it. From making advancements following the Civil War to drawbacks during the passing of the Jim Crow Laws, the ideology of race drove race relations in America. PoliticiansRea d MoreA Rose For Emily By William Faulkner986 Words   |  4 Pagessections: The Old South and the New South. The Old South is associated to the life Scarlett O’Hara at the beginning of the Gone with Wind, complete with the antebellum dresses and plantation houses. The New South is commonly associated with the era of Reconstruction and continues on into modern history. What many people fail to contemplate is the transition from one southern era to another, the change wasn t a smooth one. A Rose for Emily by William Faulkner is a metaphor for the conflict between the changingRead MoreAnalysis of Scarlett O’hara on the Perspective of Feminism5754 Words   |  24 Pages æâ€" ¥ ABSTRACT Gone with the wind was published in 1936, ten years after Mitchell writing it. It got a great success and becomes one of the bestselling novels of all time. It received the 1937 Pulitzer Prize. As the first novel which depicts American Civil War from women’s perspective, Margaret focuses on the suffering from the war of those women who stay at home and their difficult journey of reconstruction. Literary critics, on the basis of their respective knowledge and understanding haveRead MoreThe Historical Progression of African Americans4523 Words   |  19 Pageshere. Every avenue of their cultural, economic, literary, political, religious, and social values has been violated to no avail, and then only until the early 60s were there noticeable changes. Between 1865 and 1876, life for African Americans was nothing but sadness and hardships. Two social issues they faced were discrimination and slavery. The Emancipation Proclamation in 1863 freed African Americans in rebel states, and after the Civil War, the Thirteenth Amendment emancipated all U.S.Read MoreEssay on C. Vann Woodwards The Strange Career Of Jim Crow1497 Words   |  6 PagesVirginia in 1954. With every revision, he includes more evidence for arguments and responds to literary criticism. With the Civil Rights Movement raging around him, Woodward sought to explain the way the environment had come to be the way it was. In 1955 the Montgomery bus boycott was occurring as Woodward’s book was being published. With his first edition of the book, some of the most notable events of the civil rights movement had not yet occurred, Rosa Parks had not refused to give up her seat onRead MoreDemocracy Has Been Claimed As An Example Of Realism Literature Essay2048 Words   |  9 Pages Marcus Aurelius once said, â€Å"Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.† Literature begs to give us a representation of truth but only real life succeeds in showing the actual truth. One literary movement, realism, began out of the world’s quest for truth and reality in a time of confusion and rebuilding. Henry Adams’ novel Democracy has been claimed as an example of realism literature; one can explore this claim through the lens of one particularRead MoreVirginias Private War by William Blair Essay examples2552 Words   |  11 PagesVirginias Private War by William Blair Virginias Private War by William Blair and Tara Revisited by Catherine Clinton seek to primarily explain why the Confederacy lost the Civil War. Virginias Private War examines this question by focusing on the Virginia home front and the difficulties faced in trying to wage war as a slave society. Tara Revisited examines the question of the Confederate defeat specifically from the perspective of southern women. It pays special focus to contemporaryRead MoreA History of African Americans after Reconstruction Essay2543 Words   |  11 PagesHistory of African Americans after Reconstruction During reconstruction the United States was divided on social issues, presidential campaigns were won and loss on these issues during this period. The struggle for development of African Americans and how they initiated change in political, economic, educational, and social conditions to shape their future and that of the United States. (Dixon, 2000) The South’s attempts to recover from the Civil war included determining what to do with newly freedRead MoreW.E.B. Du Bois Essay1794 Words   |  8 Pagesinitial research on the black experience in the United States. Civil rights leaders such as Martin Luther King Jr. have referred to Du Bois as a father of the Civil Rights Movement. Du Bois conducted the initial research on the black experience in the United States, and paved the way for the Pan-African and Black Power movements. This paper will describe his life, work, influence in the black community, and much publicized civil dispute with another black leader, Booker T. W ashington. Du BoisRead MoreThe Poisonwood Bible By Barbara Kingsolver1198 Words   |  5 Pagesprolonged metaphor(s), in which typically a series of actions are symbolic of other actions† . â€Å"Historical Fiction- the genre of literature, film, etc., comprising narratives that take placein the past and are characterized chiefly by an imaginative reconstruction of historical events and personages.† Source: http://producer.csi.edu/cdraney/2010/215/resources/strehle_chosen-people(kingsolver).pdf http://ccat.sas.upenn.edu/~haroldfs/popcult/handouts/metaphor/allegory.html http://dictionary.reference.com/browse/historical+fiction

Movie Analysis Mrs. Doubtfire - 1629 Words

Introduction Health practitioners must understand that family systems play a role in the health of the individual family members. For example, in a household with increases tension children might present with physical manifestations of anxiety. Further, the belief system of the family can have an impact on the healthcare decision making. To better understand family systems and roles the film Mrs. Doubtfire will be utilized as a case study for family assessments. Movie Setting and Story The film Mrs. Doubtfire is about a family who is in some turmoil. The mother (Miranda) of the family has requested a divorce from the husband (Daniel) and has denied him custody of their three children (Lydia, Chris, and Natalie). In response, the husband chooses to dress up as an elderly woman and is hired as the housekeeper and children’s nanny (Mrs. Doubtfire). The film portrays divorce using a comedic element. After the Mrs. Doubtfire is revealed to be the husband in disguise the mother petitions the court and is granted full custody. However, the children do not adjust to this change well. The children’s difficulty adjusting to the change prompts Miranda to seek out Daniel to change the custody arrangement. At the end of the movie, it is revealed to the children that the father will continue in his caregiving role without a disguise. Assessment of Movie Family This family is an upper-middle class Caucasian family living in an urban environment. The parent’s divorce has impacts on theShow MoreRelatedTelemetry 1011124 Words   |  5 Pages[pic] Movie Family Analysis Submit by 2359 Sunday of Week 1. |Name: | |Date: | | Overview Choose a movie from the provided list. Watch the movie, focusing specifically on the family unit featured in the film. Compare and contrast the movie family’s characteristics and behaviors to the assessment criteria introduced in the class notes and readings from the

Hecules And His Labors Essay Research Paper free essay sample

Hecules And His Labors Essay, Research Paper The Story of Hercules With Greek Mythology a common topic in today s modern schoolrooms, understanding the characters and thoughts behind it is of import. Mythology is made up of many different constructs, including powerful Gods, weak worlds, great heroes, horrific monsters, and even a small thaumaturgy. Each narrative in Grecian Mythology can be tied to another, each holding some of the common stated features. The narratives interweave to give one monolithic aggregation of narratives of powerful Gods and brave persons contending great monsters where sex, treachery, and slaying all come into drama. Hercules is one such character that fits the description of a Grecian Mythological hero. The half-man half-god Sun of Zeus, Hercules is considered to be the greatest hero of all Greek Mythology. The narrative of Hercules and his 12 accomplished labours is greater than the narrative of any other hero of Greek Mythology. ( Rouse 55 ) Hercules was the kid of Zeus and Alcmena, the princess of Thebes. Zeus 7th married woman, Hera, was highly covetous of Zeus new boy. At the clip of his birth, Zeus swore that the following kid born would govern the great metropolis of Mycenae. Hera plotted against Alcmena s shortly to be born boy by holding Ilithyia, a childbearing coordinator halt the birth of Zeus. Ilithyia forced Alcmena to sit with her legs crossed until Eurystheus, Zeus older cousin, was born. ( Pinsent 94 ) Eurystheus would now go the new swayer. Here was still non satisfied. One dark, she sent two snakes into the cot of Hercules and his twin brother Iphicles. Hera thought for certain the serpents would kill Hercules, but she was incorrect. Heracless killed both snakes individual handedly. Upon hearing this, the metropolis s blind prophesier so reported I swear that many a Grecian adult female as she cards the wool that eventide shall sing of this your boy and you who bore him. He shall be the hero of all world . ( Hamilton 163 ) With Eurystheus the new swayer of Mycenae, Hercules was powerless. He was forced to populate by the ways of his tyrant cousin. During this clip, Hercules grew strong in many ways. He was faced with the determination of taking the difficult route of Virtue, or the short, apparently easy path of Vise. He chose to take the route of Virtue and grew to be strong mentally and physically. ( Rouse 57 ) His journey brought him unexcelled endowments with the bow and pointer, wrestle, and packaging. During this clip, Hercules killed the great king of beasts of Cithaeron. He wore the tegument of the king of beasts as a cloak to demo his strength. From at that place, he traveled to contend the Minyans, a close by metropolis that was had the town of Thebes under testimonial. He crushed their ground forces and was greatly rewarded with Megara, the King of Thebes girl. His new married woman brought him three kids. Hera one time once more became highly covetous and smitten Hercules with lunacy. Durin g this clip, Hercules killed his new household, and so decided the best manner to deliver his ego was to be under the regulation of Eurystheus. He now became his retainer, and had to make the labours presented before him. ( Hamilton 163 ) His first labour was to kill the great king of beasts of Peloponnese, known as Nemean. The king of beasts s tegument was excessively strong to be penetrated by any blade or pointer, so Hercules beat the king of beasts to decease. ( Pinsent 95 ) For his 2nd labour, Hercules was required to kill the Lernaean Hydra, a multi-headed monster. The monster was difficult to get the better of because it was said that one time one caput was chopped off, two more would turn back in its topographic point. He called upon the aid of his nephew, Iolaus to assist with this conflict. Hercules would chop off the caputs, while Iolaus would fire the unfastened lesions shut so no caputs would come through. Together, they easy defeated the monster. ( Hamilton 164 ) For his 3rd labour, Hercules had to capture the Cerynitian Hind. It was a beautiful cervid with gilded horns. Heracless could non kill it, but managed to convey it to Eurystheus after a twelvemonth of runing it. For his following labour, Eurystheus made Hercules clean out the stallss of King Augeas in a individual twenty-four hours. Augeas possessed huge herds of cowss, which had deposited their manure in such measure over the old ages that a thick olfactory property hung over the full Peloponnesus. Alternatively of using a shovel and a basket as Eurystheus imagined, Hercules diverted two rivers through the stable pace and got the occupation done without a job. But because he had demanded payment of Augeas, Eurystheus refused to number this as a Labor. The undertaking of driving off the Stymphalian birds was following. The people of Stymphalus did non like the birds due to the big figure of them. Bing the skilled bowman he was, he rapidly shot them down and the people were happy one time once more. ( Hamilton 164 ) The 7th labour was to get the better of the powerful Minotaur from the metropolis of Crete The bull was given to Minos from Poseidon as a gift. Hercules wrestled the great half-man half-bull to the land and shipped him back to Eurystheus. ( Hamilton 164 ) Following Hercules was instructed to convey Eurystheus the female horses of Diomedes. These Equus caballuss dined on the flesh of travellers who made the error of Ac cepting Diomedes’ cordial reception. Hercules pacified the animals by feeding them their ain maestro. Hercules so rounded them up and herded them down to sea, where he embarked them for Tiryns. Once he had shown them to Eurystheus, he released them. Wild animate beings on Mount Olympus finally ate them. The 9th Labor took Hercules to the land of the Amazons, to recover the belt of their queen for Eurystheus # 8217 ; girl. The Amazons were a race of warrior adult females, great bowmans who had invented the art of contending from horseback. Hercules recruited a figure of heroes to attach to him on this expedition. The Amazon queen, Hippolyte, volitionally gave Hercules her belt, but Hera was non about to allow the hero acquire off so easy. The goddess stirred up the Amazons with a rumour that the Greeks had captured their queen, and a great conflict ensued and Hercules made off with the belt. ( Rose 210 ) Heracless was now instructed to steal a herd of great cowss from a monster known as Geryon. He had three caputs and three separate organic structures from the waist down. His watchdog, Orthrus, had merely two caputs. The hound Orthrus rushed at Hercules as he was doing off with the cowss, and the hero killed him with a individual blow from the wooden nine, which he customarily carried. Geryon was killed every bit good, and Hercules drove the herd back to Greece. ( Rouse 63 ) For the 11th labour, Hercules was instructed to take the fantastic apples of Hera s garden. Ladon, a multi-headed firedrake, and a big wall guarded the apples. In order to win in acquiring the apples, Hercules was told that he needed to enlist in the aid of Atlas, one of the first coevals Gods. Hercules foremost defeated the monster, and so held up the celestial spheres for Atlas while he climbed the great wall to acquire the apples. Upon his return, Hercules tricked Atlas back into keeping up the celestial spheres. ( Rouse 64 ) As his concluding Labor, Hercules was instructed to convey the hellhound Cerberus up from Hades, the land of the dead. The first barrier to the psyche # 8217 ; s journey beyond the grave was the most celebrated river of the Underworld, the Styx. Here the freshly dead congregated as unsubstantial sunglassess, mere ghosts of their former egos, expecting transition in the ferryboat of Charon the Boatman. Charon wouldn # 8217 ; Ts take anyone across unless they met two conditions. First, they had to pay a payoff in the signifier of a coin under the cadaver # 8217 ; s lingua. And secondly, they had to be dead. Hercules met neither status. But Hercules merely stared so ferociously that Charon meekly conveyed him across the Styx. The greater challenge was Cerberus. Cerberus had razor dentitions, three caputs, a deadly serpent for a tail and another drove of serpents turning out of his dorsum. These lashed at Hercules while Cerberus lunged for a bite on Hercules pharynx. Fortunately, the hero was have oning his trusty king of beasts # 8217 ; s tegument, which was impenetrable by anything short of a bolt of lightning from Zeus. Hercules finally choked Cerberus into entry and dragged him to Tiryns, where he received due recognition for this concluding Labor. ( Hamilton 165 ) After the 12 labours of Eurystheus, Hercules still did non experience he cleaned his ego good plenty for the slaying of his boies and his married woman. He continued to conflict many monsters, until he met his destiny. It was toxicant Hydra venom from his 2nd labour that finally brought about his death. He had allowed a centaur to ferry his new married woman Deianara across a river, and the centaur had attacked her on the other side. Hercules killed him with an pointer, but before he died the he told Deinara to maintain some of his blood for a love potion. Deinara used some on Hercules # 8217 ; tunic to maintain him faithful ; small realizing that it had been poisoned with Hydra venom from the pointer. Heracless donned the adventitia and died in torment. ( Pinsent 100 ) Hercules was the lone hero to go a fully fledged God upon his death, but even in his instance there was his mortal facet to be dealt with. By virtuousness of his dramatic accomplishments, even by heroic criterions, he was given a place on Mount Olympus and a goddess for a married woman. But portion of him had come non from his male parent Zeus but from his person female parent Alcmene, and that portion was sent to the Underworld. As a apparition it everlastingly roams the Elysian Fields in the company of other heroes. ( Hamilton 172 ) Hercules was the greatest Grecian hero from Fabulous narratives. His combination of strength, will and courage enabled him to stand before every challenge he faced. There was neer a clip when Hercules backed down. Although beaten down by the inadvertent decease of his household, Hercules continued to contend on. Truly a great hero, Hercules stands mountains above the remainder. Plants Cited Hamilton, Edith. Mythology: Dateless Narratives of Gods and Heroes. New York: New American Library, 1969. Pinsent, John. Greek Mythology. London: The Hamlyn Publishing Group Limited, 1969. Rose, H.J. A Handbook of Greek Mythology. New York: E.P. Dutton A ; Co. , Inc. 1959. Rouse, W.H.D. Gods, Heroes and Men of Ancient Greece: Mythology s Great Tales of Valor and Romance. New York: New American Library, 1957.

Financial Product Sales Strategy

Question: Discuss about theFinancial Product Sales Strategy. Answer: Introduction: In the recent times, it is expected that the number of people over the age of 65 will increase by seventy five percent in Australia over the next twenty years. The figure of 3.3 million of 2012 will be projected to increase by 5.8 million in 2032. As a result, the nation is also expecting the post-retirement assets that likely to grow from around $300bn current to $1.3trn by 2032. Though these statistics unfolds a challenge, but the anticipated volume of post-retirement investments also considers an opportunity for innovation. Different financial products or services can meet a specific goal and needs (Beshears et al 2015). Investing in specific financial products, thus, is an important fact to consider. In this assignment, the retirement saving accounts is being considered as the main marketing product. The main purpose of the assignment is to develop an effective approach to selling retirement savings accounts in the market of Australia. Description About the Financial Product: The retirement savings account is one of the rising options among other financial services and products like securities, debentures, foreign exchange, debenture and many others. This kind of retire accounts can be used for transferring clients super fund into once while all conditions are met under The Retirement Savings and Related Legislation Amendment regulation 2013. Interestingly, majority of the Australian people are more interested for setting their money aside to be spent after retirement. A series of retirement plans and programs are offered by many of financial institutes of Australia such as Commonwealth Bank of Australia, Queensland Country Credit Union, Police Financial Services Limited, Defence Bank Limited and Heritage Bank Limited and many others. All these providers allow individual to contribute a limited yearly sum towards the retirement whereas taxes on the interest earned in the account are deferred. It is interestingly observe that the average growing pool of as sets flowing into the retirement space and innovation is occurring with certain funds across both services and products offerings; the retirement saving accounts are one of them. In short, the current trend roughly indicates that half the financial industry presently busy with the development of the post-retirement investment strategy and that is predominantly attained through the adjustment to the defensive split/overall growth. However, a lot of encouragement needs to be provided by the providers of retirement savings accounts in the market of Australia to make more investments into these retirement accounts. Sales Goals: There are only 15% of total funds that adopts lifecycle offerings across Australia in the current phase of individual retirement field (Entrop et al 2016). By selling more retirement saving accounts, the goal is to increase the rate of superannuation savings (at least 20%-25%) into an adequate and sustainable income stream in retirement within 2 years. The sales goal is also incorporate to increase the level of interest to invest in retirement saving accounts by offering competitive interest rates. Sales Activities: Several tactics are available to selling retirement savings account in the market of Australia such as selling direct-to-customer through the official website (Koposko et al 2016). In this case, the product provider will be sold their retire savings account in the same manner because it would be cost effective. Furthermore, it could be easy to popularize this proposed product among the target customers by selling it through online and offline as well (Bateman et al 2014). However, selling through online would be more emphasized by the company because majority of Australian people are make their financial investment through online as per recent trend. In this way, the potential consumers of retirement saving accounts could resolve their queries instant and thus, the financial service provider can deliver the best service over others. Target Accounts: Savings for house, vacation, college are in highest priority among Australian, whereas saving for retirement can seem like the last priority to them (Worthington Devlin 2013). Unfortunately, half of workers are participating in workplace retirement plans as per the recent survey results. By changing these perceptions gradually among Australian, several financial institutions are offers higher interest compare to other saving or retail accounts in Australia. Different types of target retirement savings accounts are available in the market such as traditional plans featuring pre-tax contributions and Roth plans offering after-tax contributions. Types of Target Accounts Features Target Participants (customers) Traditional retirement plan (Normal retirement savings account) Liable for taxed at ordinary rates even though have access to an employer-sponsored retirement plan and individuals are eligible for a tax credit. Furthermore, fund an IRA which have access to employer-sponsored retirement plan may be able to deduct full or part of contribution on their taxes which is depending on contributed employer plan. Interest of IRA can be variable or fixed in nature. Both private and government employees can be the potential investors of retirement savings accounts. Age group of the target participants Min 30 to above Customers: Individual service people and business owners as well Roth Plans (Featuring special retirement saving account) Immediate tax benefits of a tax deduction in retirement can be deducted in the current year against the benefits of tax deferred or distributions (tax free) in retirement. Needless to say, account earnings and withdrawals which qualified in nature are tax free. Individuals (participants of 25 to above) Table 1: Target Accounts (Source: Created by author) Timelines: Sales Activities Start Date End Date Formulate sales goals 01/02/2017 03/02/2017 Develop sales activities 04/02/2017 10/02/2017 Develop Target accounts 11/02/2017 13/02/2017 Table 2: Timeline (Source: Created by author) Marketing Strategy: The methodological approach need to be followed for making an effective marketing strategy (Agnew 2013). To sell more retirement savings accounts across the Australian market, a proper plan needs to be developed. Individuals belonging to the service sector will be targeted first because both earnings and uncertainties are high. However, it is important to make an effort to realize that it is significant to plan for retirement regardless of how individual foresee that part of the life because presents income and time are the two biggest things need going for individual. The marketing strategy will highlight the key benefits that may be perceived by the targeted customers of the financial service providers. Generally, the feature of higher competitive rate of interests and superannuation regulations will be promoted. However, the tax saving benefits and higher accumulated interest after the retirement features can be marketed as the biggest advantage for retirement savings accounts. Th e selling efforts should be given towards an ease that make a smooth value transition into retirement of individuals. Providing higher regular income to individuals at the retirement would be the differentiated features for this proposed financial product (Speelman et al 2013). All these marketing efforts will be promoted by the marketing staff of the financial institution. Revenue Sources: Contribution perspectives Aus Product 401(k), 403(b), or 457 Retirement Savings Accounts Service Providing IRA Online Savings Accounts with high yield and the higher rate of interest compare to a regular saving account Licenses Must be provided by The Retirement Savings and Related Legislation Amendment regulation 2013 After Sales After the opening of RSA, the financial provider will organize individuals super fund balance into the retirement with an ease. Upgrades The new rules and regulations related to the RSA with be updated at the official site of the financial providers Table 3: Revenue Sources (Source: Created by author) Sales Strategy: Selling products or services to the potential market is the main activity to make the plan for an effective financial product sales strategy (Entrop et al 2016). Considering the market trends and functionalists of the other similar service providers, the RSA will be sold out to the target market. In the context, the product will be sold out through the official website. All promotional activities will be conducted by the marketing experts of the service provider along with featuring key product benefits and differentiated factors. This proposed sales strategy is quite justifiable over others like retail, distributor and agent because it would be cost effective. Furthermore, this selling approach would be suitable because the direct-to customer relationship can easily be established through their website. Pricing: The competitors prices will be considered for developing the price for RSA. To provide higher rate of interest, the company will majorly sell other existing saving and current accounts (Burnett et al 2014). While many retail funds have started with lower fees than before, the RSA will be promoted by charging no fees. The final price also provides an adequate insurance coverage to individuals. Charging no joining fees and ongoing account keeping fees, administration fees, the pricing will be developed for retirement savings accounts. In this way, the buyer can control the price while investing into this financial product. Marketing and Communication Strategy: The promotional activities will be practiced in the marketplace through website and internet marketing. The marketing experts on behalf of the company will highlight the key benefits and competitive advantages in their website. A clear rules and regulations to open retirement saving accounts will be highlighted. The low cost basic option and capital assurance guarantee and tax saving features will be promoted with flash messages. Conclusion: The favorable environmental factors are quite sufficient to promote sales strategy for RSA. The website marketing approach will be adopted and key product benefits will be promoted effectively to engross more people into the financial investment. References: Agnew, J. (2013). Australias retirement system: Strengths, weaknesses, and reforms.Center for Retirement Research Issue Brief, 13-5. Bateman, H., Eckert, C., Geweke, J., Louviere, J., Satchell, S., Thorp, S. (2014). Financial competence, risk presentation and retirement portfolio preferences.Journal of Pension Economics and Finance,13(01), 27-61. Beshears, J., Choi, J. J., Hurwitz, J., Laibson, D., Madrian, B. C. (2015). Liquidity in retirement savings systems: an international comparison.The American economic review,105(5), 420-425. Burnett, J., Davis, K. T., Murawski, C., Wilkins, R., Wilkinson, N. (2014). Measuring adequacy of retirement savings. Entrop, O., McKenzie, M., Wilkens, M., Winkler, C. (2016). The performance of individual investors in structured financial products.Review of Quantitative Finance and Accounting,46(3), 569-604. Koposko, J. L., Kiso, H., Hershey, D. A., Gerrans, P. (2016). Perceptions of retirement savings relative to peers.Work, Aging and Retirement,2(1), 65-72. Speelman, C. P., Clark-Murphy, M., Gerrans, P. (2013). Decision making clusters in retirement savings: Gender differences dominate.Journal of family and economic issues,34(3), 329-339. Worthington, S., Devlin, J. (2013). Fairness and financial services in Australia and the United Kingdom.International Journal of Bank Marketing,31(4), 289-304.

Olive Twist Essay Example For Students

Olive Twist Essay Major9-12 year old who was born an orphan, he is innocent through the toughest times. His mother is Agnes Fleming and his father is Edwin Leeford. Fagin (The Jew)Major The ugly evil thief leader who takes Oliveras pickpocketer an but ends but getting hung. Monks: helps him give Oliver a bad rep. Nancy: taught her how to pickpocket when she was young Sikes: he is his business associate. NancyMajorA young prostitute who turns righteous and reveals Monks plot and gets murdered by her boyfriend, Sikes. Fagin: her former master as a pickpocketerSikes: Her lover and murdererMonksMinorOlivers evil half-brother who schemes how he can inherit his inheritance. His mother is Mrs. Leeford and his father is Edwin Leeford. Fagin: plots w/ him of how they can give Oliver a bad reputation. Mr. BronlowMinorAn intelligent gentleman who is the natural leader in helping OliverBedwin: his sort of maidMrs. BedwinMinorA kind old woman who takes care of Oliver when he is ill. Mr. Bronlow: her employerBill SikesMajorA wicked, villainous man who is ready to do about anything that is wickedFagin: his business associate. Nancy: his lover and his victim. Bullseye: his dog who takes much abuse. Mr. BumbleMinorThe prideful, fat beetle who becomes unhappily married with Ms. Corney. Corney: his wifeAgnes FlemingMinorOlivers mother who died after delivering him. Fleming: her fatherMr. FlemingMinorAgness father and Olivers grandfatherAgnes: his daughterOliver: his grandsonMrs CorneyMinorA widow who owns the workhouse and marries Mr. BumbleMr Bumble: her husbandMr. SowerberryMinor The undertaker for the paupers, he is fairly nice to Oliver. Mrs. LeefordMinorShe destroyed Mr. Leefords will which gave Oliver some property. Her son is Monks and her husband is Mr. LeefordBulls eyeMinorBill Sikess dog who is horribly mistreatedSikes: his masterEdwin LeefordMinorA good man who is forced to marry Mrs. LeefordHe is both Monks and Oliverss Father, but had Oliver with Agnes and Monks with Mrs. Leeford