How did Pondo ng Pinoy transform you as a person Essay

Pondo ng Pinoy has transformed me as an individual by making me a more improved Christian or a more enhanced follower of Jesus because with Pondo ng Pinoy, I can be capable of and will be able to help out those citizens who are very much in need of these money that we put inside the Pondo ng Pinoy bottle. The amount of the money we put in may have a small amount of value, but it doesn’t stop us from making other people’s lives worth living because no matter how small or little the amount in total is, as long as we do it on a regular basis that becomes our habitual act in our everyday life and it will be a significant part of our lives. Pondo ng Pinoy has given me an opportunity to let a large number of people have one more chance to make their own living, to let me lend a hand to those who are really in need to reconstruct their own upcoming future and to make them once feel that they really are and will always be welcome to come back to the Christian community- especially to those individuals who were about to let go of their faith because they had thought that nobody else cared for them-, and make themselves financially, spiritually and physically independent and I can be of assistance to a whole lot more to people. With Pondo ng Pinoy, I have helped those children who want to have a better education and for those children to get to have an education that they have longed for. I have helped those people- who are less fortunate- to have their own micro-finance businesses and micro-enterprise businesses that they couldn’t do without the help of Pondo ng Pinoy. I have helped people to be healthier to live in a better surrounding, to have a better atmosphere and to feel more secure. I have helped people to have their own place to live where their family can call it home. It transformed me to be more sensitive in other people’s needs. It made me realize all the blessings that I have received from God, and that I am blessed. Most of the times, I tend to get unsatisfied with things God, my parents or my family or anyone do for me. But realizing this Pondo ng Pinoy program, not only that, it made me see more clearly that there are other less fortunate brother and sisters of ours who would get so happy and be contented to receive those things people have done for me. Because of that, I learned to be more appreciative of the things those persons do for me. I would even be more glad to share the blessings that I receive everyday from God to those less fortunate brothers and sister of ours because I realize that I am blessed and it is never wrong to make them happy of the little things that I can do for them as a student or as their sister. People would usually see the 25 centavo as a loose change, but it would change their perspectives once they knew about the Pondo ng Pinoy. I’m also pertaining to myself as one of the people who thought that a 25 centavo is a loose change- when I still didn’t find out about the Pondo ng Pinoy. I have come to realize that I value the centavos even more these past few years. I would rather have changes that are centavos instead of pesos. I always get energized when my parents get changes that are centavos and I would instantly ask it from them or when I see centavos from my parents’ coins in their drawers. To be honest, I even have a separate coin bank that only centavos are containing in it. So I guess that is how Pondo ng Pinoy had put an effect or impact in my life. It will permanently be a part of my everyday life. I’m not bragging but, ever since I was a little kid I have always wanted to help out those people who are needy. So I guess as a 15 year old, this can be another way for me to help them regularly instead of just occasionally. If all together, all Filipinos would work hand in hand with the Pondo ng Pinoy project, I am very confident that we can help all our Filipino brothers and sisters to have a better existence or a better experience to live here on Earth since all of us only live once. So those are the things that the Pondo ng Pinoy has transformed me as a person.

Should Prisoners be Treated as Humans

Some people believe that once a person commits a crime or breaks the law, they no longer get to exercise their human rights. In fact, they believe that prisoners do not deserve human rights. The treatment of these inmates come into question; especially when most facilities and prisons are overcrowded, receiving more mentally ill prisoners, and female incarceration is on the rise. The problem with some of society is they do not want prisoners to be treated with any common, human decency. They believe inmates have it great by eating healthy and receiving adequate medical care.Being able to work out and learn new trades for the future has some of society’s members upset with paying tax monies for these types of â€Å"amenities†. I believe that every human has the right to meals and preventive health care. People should not have to fear for their safety or health because they have committed a crime. I do not feel they should receive good treatment: punishment should be adeq uate for the crime committed, but the prisoner should not be in threat of starvation, abusive treatment from other inmates or staff, or fear of medical neglect.Prisoners are in fact human beings and of course punishment was much worse in ancient times. There would be severe physical punishment, and living conditions while incarcerated were much worse than conditions today. Let’s explore some of the treatment of prisoners and the and how they are sometimes affected by this treatment. I believe treating prisoners as you would any other person: with the most basic human rights. This is an ethical dilemma we as society are faced with. The world and the incidents that occur in it are very unpredictable.There are plenty of people who never expected or thought they would ever become incarcerated. I, personally, was incarcerated from age seventeen to age thirty-three. I have experienced quite a bit of unethical treatment, as well as been a witness to this treatment. There is no self- defense law here in California. I was attacked by a girl with a gun. We fought over this gun and she was shot once in the neck. During the time of the scuffle, she was wanted for an outstanding warrant for the murder of a pregnant woman. I was convicted for attempted murder and sentenced to fourteen years of incarceration as an eighteen year old.My incarceration was to take place in a California State Prison for Women. Upon my reception to state prison, I have been victim to and witnessed unethical behavior towards the prisoners. With prison overcrowding and an influx off inmates who are mentally ill. There are also the drug offenders. The drug offenders make up a large group of prisoners. There are a variety of ethnicities, backgrounds, and classes of individuals incarcerated. Prison overcrowding contributes to a lot of the unethical treatment of prison inmates. When the prisons are overcrowded, inmates are not segregated amongst other inmates of their same security levels or risks .Sometimes these conditions make it easy for crimes to be committed within the facility or institution. Many high risk inmates will make victims out of the less violent, vulnerable inmates. The prisoners can become victims of rape, theft, assault, and sometimes murder. Some prisoners have been known to commit suicide because the conditions in prison are too difficult to deal with. To report any crime committee against you while a prisoner, can lead to retaliation from the prison population; terrorizing one with fear.There is what is called â€Å"moral† intuition. According to Mosser (2010),  intuition is described as unexplainable feelings a person may have about something being â€Å"right† or â€Å"wrong†. My intuition tells me it is wrong to treat anyone with inhumane behavior. It is not correct to put an individual in harm way just because they have made a mistake to society. Yes, they should definitely pay the price for whatever crime is committed. Mental ly ill persons have also contributed to the prison population. Several inmates really just need to be placed somewhere that can provide the mental help needed to help rehabilitate them. With so few doctors and staff for the mentally ill, it seems rehabilitation is just an illusion.With mentally ill patients integrated into a prison population, there are bound to be conflicts, as well as abuse. Abuse occurs among the inmates as I have mentioned earlier. Although, half of California’s mental hospitals were closed by the late 1960s, Governor Reagan, during the late 1970s shut down the mental hospitals completely (Torrey, E. F. , M. D. , Kennard, A. D. , Eslinger, D. , Lamb, R. , M. D. , Pavle, J. , 2010). With overcrowding, and barely enough of a budget to care for the health of the inmates, how can a prisoner’s mental hygiene be taken care of?Most of these prisoners are forced to be confined in solitary confinement. Metzner (2010) states, â€Å"The adverse effects of so litary confinement are especially significant for persons with serious mental illness, commonly defined as mental disorder (e. g. , schizophrenia, bipolar disorder, major depressive disorder) that is usually characterized by psychotic symptoms and/or significant functional impairments (para. 4). Solitary confinement can do more harm than good. Inmates may possibly leave prison in a worse state than when they entered prison.People worry   about tax dollars going to prisoner’s food and shelter, but if a prisoner can be â€Å"corrected† by the department of corrections, that will lower the recidivism rate and less prisoners will return to prison. Earlier, I mentioned drug offenders making up a great deal of the prison population. Some people’s addiction does not stop because they are incarcerated. Male officers outnumber female officers by two to one. Male officers make up at least two-thirds of the officers and guards. There are times I have witnessed my cellmat e receiving drugs forsexual favors for the officer. The officer will come at a time when there are no there are no other people around and request these sexual favors. Some guards would even make a girl have sex with them. They would threaten to change the inmate’s release date, or cause the inmate to be placed in a position to be caused physical harm by other inmates. These unethical treatments should not be overlooked. Many women are victims of abuse and domestic violence. They have attempted to leave a situation with an abusive partner, and this leads to the homicide if the partner.Donna Hazley (2010) states, â€Å"The same legal system that fails or refuses to protect battered women prosecutes them vigorously when they fight back (para. 11). There are also women incarcerated with hopes of returning to society as a rehabilitated individual, and return to caring for their families. Not all people that are incarcerated always lose custodial rights of their children. They ho pe to return to care for these children. These children deserve a chance, if it is possible to rehabilitate their parents. Not everyone serving a prison sentence is an outcast, monster, or society’s reject.These are human people with human feelings, and emotions. Again, I say no one should be subjected   to these treatments because they have committed a crime. No one can truly know the remorse a person feels for the things they have done wrong, and therefore, should not impose upon them abuse. In approaching this issue of the unethical treatment of prisoners, I believe the classical theory of deontology could resolve this issue. Deontology is described as looking at the reason the act was committed instead of the consequences of an act (Mosser, 2010).It is a deontologist’s position that we treat everyone with respect, and consider each human being’s dignity when dealing with them. If it is considered why a woman has committed a violent crime against her spouse , then maybe she can be treated with ethical treatment, instead of what one feels is much deserved abuse because she is a prisoner. According to an article by the Human’s Rights Watch, A video tape at a California state facility showed two officers severely beating and kicking two inmates (2004). Deontologists theorize that no one should be beaten and kicked for no reason. It is unethical to treat a person with such excessive force.Virtue ethics is also an approach that can be taken to resolve the issue I have presented of unethical behavior of prisoners. Virtue ethics focuses more on the character of the person performing the act (Mosser, 2010). If we paid attention to the individual that performed the crime, we may better understand a way to effectively deal with the person without imposing any abuse upon the individual. Utilitarian’s ethical approach is basing a decision on the best outcome for the greater number (Mosser, 2010). It is likely to be beneficial to soci ety to treat prisoners with common human rights, and not subject them to inhumane behavior.If people can rehabilitate, instead of   become at risk for mental issues, high recidivism, and absence from the family, society will benefit as a whole. There will not be the need to spend so many tax dollars on prisons because so many prisons will not be needed. Families will be united and given the tools necessary to prosper and benefit, having a positive effect on children being raised with their parents. The problem with the deontologist’s theory is that a relativist will say that it is not their problem to concern themselves with how prisoners are being treated.Relativism is the values regarded by an individual based on their own ethical standards; usually based on their background and culture (Mosser, 2010). One will argue that it is what prisoners deserve because that is just what they believe. It may be acceptable in someone’s society to mistreat prisoners and the mist reatment not be considered unethical. Emotivism suggests that moral claims express an emotional response or attitude (Mosser, 2010). Mostly, people feel as if prisoners deserve unfair treatment. In fact, people feel as if they don’t deserve to be treated as human beings at all.Emotivism can reduce our moral judgment to something so simple like an emotional response; we may be robbing someone of a fair ethical decision. In my opinion, this can cause harm to the greater number of individuals effected by the decision, thus, presenting a challenge to the issue of utilitarianism. In this case the moral issue will not be examined because it is being responded to in an emotional way. Virtue ethics, I remind you, focuses on the virtues of the person performing the act. It is not an easy thing to do, trying to determine why a person made a certain choice.This person or group of individuals could have made this choice for a number of reasons. Sometimes, it is much more apparent why a p erson or group has done something. Other times, it is not.   Ethical egoism can be the challenge to virtue ethics. Ethical egoism argues that our moral decisions should be based on our desires and goals (Mosser, 2010). Our personal goals and desires are what motivate us make many of the decisions we make in our lives. If an outcome does not appeal to our goals and desires, we tend to find a way to dispute that.Finding a person’s virtue may conflict with our personal goals and desires. A person may have been robbed once before, and now has a biased toward anyone that has committed a crime, regardless of their motivation to commit the offense. If the victim’s personal desire is to see any person who commits theft to â€Å"rot† in prison, they will not consider the virtue ethics of a prisoner, therefore, the unethical treatment of prisoners seeming completely ethical to the ethical egoist. Having served so much time in prison, deontology is the closest view to my own.I believe that every action has a consequence and people need to suffer a consequence when they have broken the law. Respecting this theory, I still believe that everyone should be treated with respect and human decency. Although, I shot the young lady in the struggle over the gun, she was already wanted and convicted of murder. I feared for my life, as well as did not intend to cause great bodily injury; otherwise, I would have shot her repeatedly. Finances and social class had a lot to do with my conviction. I was unable to afford the best attorney and I was what was considered â€Å"at-risk† urban youth.Society did not care about the reason the victim ended up shot once. It was argued by strangers who did not know me that I deserved to serve fourteen years, and maybe even deserved to be shot myself. Either way, I am a decent human being, who wanted nothing other than to reintegrate into society and make a positive life for myself. People could never understand that un less they have been in prison, or have a family member who has spent time in prison. There are people who deserve to be treated fairly no matter whether they   have committed a crime or not.I am sure I can benefit from therapy. It feels as if sometimes, I am suffering from post-traumatic stress. I feel I didn’t deserve to receive some of the abuse that I have fallen victim to. Inhumane treatment in prisons should be investigated. Society should take time to weigh all the issues and realize heinous crimes are committed and one absolutely should pay their debt to society, but never at the cost of their basic human rights. â€Å"All persons deprived of liberty shall be treated at all times with humanity and with respect for the inherent dignity of the human person†, (OHCHR, 2005).

Enterpreneurship Essays

Enterpreneurship Essays Enterpreneurship Essay Enterpreneurship Essay Essay Topic: The Godfather Entrepreneurship has many definitions: one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods, one who organizes, manages, and assumes the risks of a business or enterprise but the godfather of entrepreneurship studies at HBS Professor Howard H. Stevenson coined: Entrepreneurship is the pursuit of opportunity beyond resources controlled. This definition brings the true experiences of any entrepreneur. It’s a pursuit of opportunity which needs to be perceived in the short window of existence of opportunity.In this period, considerable amount of time and energy needs to be devoted such that there is quantitative result in order to attract necessary resources. Delayed results from the actions performed may seize the opportunity and also the consumption of cash balances available for the opportunity allocated. The opportunity that may be available can be either of the following: 1. Creating a new product or business model 2. Creating a better or cheaper version of the existing product or business modelThough, many profit improvement opportunities are not noveland thus are not entrepreneurialfor example, raising a products price or, once a firm has a scalable sales strategy, hiring more reps, etc. But given an opportunity is available, it can be classified as two types: 1. Entry Opportunity 2. Entrepreneurial Opportunity Entry Opportunity implies the existence of a market. But some entrepreneurial opportunity and thus initiatives create fundamentally new markets. For these, theres no market to enter until the entrepreneur acts.Also, the Entry Opportunity is more applicable for large organizations with ample resources rather as compared to Entrepreneurship Opportunities. Thus, the more that the firm/individual entering a new market lacks relevant resources, the more entrepreneurial the entry would be. Thus a real entrepreneur may encash mostly the entrepreneur opportunity rather than entry opportunity. At a new ventures start, the entrepreneur control their own human, social, and financial capital. Many entrepreneurs bootstrap they keep expenditures to a bare minimum while investing only their own time and as necessary, their personal funds.In some cases, this is adequate to bring a new venture to the point where it becomes self-sustaining from internally generated cash fl ow. But, with most high-potential ventures founders must generate more resources than they control personally. The venture eventually will require production facilities, distribution channels, working capital, and so forth. Because they are pursuing an entrepreneur opportunity while lacking access to required resources, entrepreneurs face considerable risk, which comes in four main types: 1.Demand risk – It relates to prospective customers willingness to adopt the solution envisioned by the entrepreneur. 2. Technology risk – This relates when engineering or scientific breakthroughs are required to bring to the solution. 3. Execution risk – This relates to the entrepreneurs ability to attract future stakeholders who can implement the ventures plans. 4. Financing risk – It relates to whether external capital will be available on reasonable terms. The entrepreneurs task is to manage this uncertainty. 5. Self-belief risk – It relates to the risk of los ing self-determination, will and confidence with self.Thus, there can be a challenging situation for the entrepreneur to minimize risk without the necessary resources. This is also called Catch-22 position. For example, outside capital may be required to develop and market a product and thereby demonstrate that technical and market risks are limited. On the other hand, it can be difficult to persuade resource owners to commit to a venture when risk is still high. It is important to point out that many ideas fail in this vicious circle as the risk is high with lack or unavailability of counter measures to minimize/eliminate them.Not all entrepreneurship initiatives end up in a smile with desired results. Many a times, these initiative gets fail due to various factors. As it is said, the success is combination of various positives but just one negative can result in a failure. The learnings from the failure may be grouped as following: Quality time with family and friends may get redu ced to minimal with absolutely no focus The desire and dreams for the material world may not come true as the personal cash flow may be tight. Sometimes it’s not desired to have all the good to have’ features in the service/product.The focus must be on must have. Always be ready to start from zero with the same humbleness and dignity. Business related decisions may be taken quickly with belief and logic with whatever information available at that point of time. As with any task, there wouldn’t be all smooth ride. There can be difficulties and hurdles that may get faced during the start-ups. Some of them are listed below: 1. Market Problems – A major reason why companies fail, is that they run into the problem of their being little or no market for the product that they have built.Here are some common symptoms: a. There is not a compelling enough value proposition, or compelling event, to cause the buyer to actually commit to purchasing. b. The market timi ng is wrong. You could be ahead of your market by a few years, and they are not ready for your particular solution at this stage. c. The market size of people that have pain, and have funds is simply not large enough. 2. Business Model failure – the most common causes of failure in the startup world is that entrepreneurs are too optimistic about how easy it will be to acquire customers.They assume that because they will build an interesting web site, product, or service, that customers will beat a path to their door. That may happen with the first few customers, but after that, it rapidly becomes an expensive task to attract and win customers, and in many cases the cost of acquiring the customer is actually higher than the lifetime value of that customer 3. Poor Management Team An incredibly common problem that causes startups to fail is a weak management team. Weak management teams make mistakes in multiple areas: a.They are often weak on strategy, building a product that n o-one wants to buy as they failed to do enough work to validate the ideas before and during development. This can carry through to poorly think through go-to-market strategies. b. They are usually poor at execution, which leads to issues with the product not getting built correctly or on time, and the go-to market execution will be poorly implemented. c. They will build weak teams below them. So the rest of the company will end up as weak, and poor execution will be rampant. 4.Running Out of Cash A second major reason that startups fail is because they ran out of cash. A key job of the CEO is to understand how much cash is left and whether that will carry the company to a milestone that can lead to a successful financing, or to cash flow positive. What frequently goes wrong, and leads to a company running out of cash, and unable to raise more, is that management failed to achieve the next milestone before cash ran out. Many times it is still possible to raise cash, but the valuatio n will be significantly lower. . Product Problems – Another reason that companies fail is because they fail to develop a product that meets the market need. This can either be due to simple execution. Or it can be a far more strategic problem, which is a failure to achieve Product/Market fit. The typical personality traits of an entrepreneur may be the following (not limited to): Passion Self-Belief and Determination on the vision defined Persistence – Focused and keeping patience and ability to keep working towards the goal and be optimistic. The ability to work with a team yet follow their own instincts The creation of a success culture Have business sense and knowledge Take pride in doing any task that would make the vision converted to reality Adopting correct approach / strategy in evaluating, defining and implementing business approach including resources needed. Able to manage and handle finances Customer centric approach Art of negotiations

Traditional Cultures Research Paper Example | Topics and Well Written Essays - 1000 words

Traditional Cultures - Research Paper Example Some marriage ideas have been borrowed from other societies and replaced the traditional ones, which is referred to as cultural loss while others have been created and accepted widely by other communities through diffusion. Dominant and powerful societies have expanded their cultural practices across borders; thus, forcing other societies to forsake their traditional cultural practices in marriage and adopt the new ones, which is known as acculturation. There are various levels of power among societies such as hard power, soft power, and structural power. Hard power refers to the use of military or economic forces in order to coerce societies to forsake their cultures and adopt new ones while soft power uses cooperative methods such as persuasion and attraction through various ways e.g. propaganda. Structural power involves the interaction of economic and political forces with ideological forces such as beliefs and values that play a significant part in the society. According to Havi land et al, globalization plays a significant role in shaping the future of the world. It refers to a process that transforms local traditions and cultures into global ones through external and internal migration; hence, resulting in investment, trade and cultural exchange across the borders. Globalization signifies the removal of mostly economic barriers in order to assist in inter-cultural relations. Thus, it is the best way to end discrimination since it encourages inter-cultural and inter-racial marriage, which promotes multiculturalism. However, globalization has changed how the marriage ceremony used to be conducted in Africa. Most African countries practiced traditional marriages where the bride and the groom got married under the customary law. It was a requirement for the family of the groom to pay dowry to the bride’s family before marriage, which was a tradition, passed from one generation to another. Through globalization, most African societies have borrowed the idea of weddings, which is a common practice in the west (Browning 102). As a result, the traditional

UK Tax System Essay Example | Topics and Well Written Essays - 3250 words

UK Tax System - Essay Example With the government's source taken from the public taxation always greater than the amount that is intended for use by the government, taxes are levied to fund several programs. Other governmental policies are also geared towards the redistribution of wealth from the rich and poor respectively in relief operations, public education, social security benefits and reparations. However, fundamental methods of collection are not foolproof and possibilities for inefficiencies are always prevalent. Tax policies being a highly political and controversial issue do require extensive analysis and determination on its viability to gain the paying sector's acceptance and economic performance. The neo-classical economic theories whose studies believe that taxation brings about economic inefficiencies have suggested changes in the tax systems that would work to minimise the distortion. Tax remittances of the ordinary working sector accommodating deficiencies brought about by certain deficits were s een as the basis for the recognition of its disadvantages. However the complexities of the British Tax system have served to greatly increase the stress and expense to millions of taxpayers as tax season approaches in Kay(1990)1. Simplification of the British tax system has allowed the common platforms of many political parties in grandstanding tax rules and exemptions. Disadvantages in the assessment, calculation and collection of taxes are often criticized as ineffective and administratively expensive according to Emes and Clemens (2001)2. Determined to maintain absolute performance of the economy, changes were aimed at creating several programs that redistribute wealth and prosperity to all. Tax cuts became a scene in fiscal reforms that has announced reductions in income taxes and simplification of the system which focused on the tax laws themselves without upsetting the current balance of tax burdens or taxes paid by the individual. Alternative tax base system was introduced that basically focused on income, expense and wealth. Income derivatives in the corporate ladder include Value added tax (VAT) and excise taxes while individual income tax has pre-existed along with social insurance continuity. On investment and entrepreneurship, under expenditures or consumption taxes, capital gains and sales taxation is considered tentative in nature. Property tax summarized under wealth taxation has gained support claiming that anti-wealth tax is funded by a coterie of wealthy taxpayers whose instinctive rejection of the sys tem comes from the broad aspiration to become wealthier and amass more fortune by any means. Income derived from gainful employment; pensions; shares and dividends; interest on savings and trust and rentals is deemed taxable at a certain level. Forming the bulk of revenues for the British government, each earning person below the age of 65 is afforded an income tax allowance or a tax-free allowance each year of 5,035Gbp. For earning persons of over 65 but below 74, any income above 7,280Gbp is taxable while elderly individuals whose income is below 7,420 are exempted from paying taxes. But where income is in excess of one's tax-free allowance, taxation is based on the age-related allowance. Earners, whose income is 1 to 2,150 above their mandated tax allowance, shall enjoy a flat 10% tax rate. Those whose accumulated gross

Media Ecology Essay Example | Topics and Well Written Essays - 2000 words

Media Ecology - Essay Example As the physical and social environments have their effect on human society, similarly, in today's era, environments created by media also play an important role on the psyche human society. Therefore, it would not be far from truth if we call the study of relationship between environment created by media and the society as "media ecology". According to the Media Ecology Association, media ecology can be defined as "the study of media environments, the idea that technology and techniques, modes of information and codes of communication play a leading role in human affairs." Therefore, in this discourse an effort will be made to understand media ecology by addressing following three aspects:- There is a strong interconnectivity between different forms of media. Their effectiveness is along two strings. One is their indigenous and the second is an ability to complement the other form of media. Therefore, each media enables to form two types of environment. One which is formed by a particular media itself and the second one is formed by complementing the other forms of media. To elucidate the above point further, we take example of 9/11. We suppose that when the unfortunate incident of 9/11 took place there was only print media available. We can imagine that apart from the people who got affected, there would not be many who could have known the incident immediately. By the time print media would have conveyed the extent of havoc created by the terrorists, too much time would have been lost to create an atmosphere for global response. Still with graphic details and good script an atmosphere could have been created but for short duration. Too less and too late. Now we include radio (audio media) in the scenario. The explicit detail given in newspaper with live commentary of what all was going on would have created an atmosphere more focused on the event. Add TV (auditory - visual media) to the situation. Continuous pouring of live scenes on TV, descriptive account on radio and detailed news and views in print media created an atmosphere which was bound to last longer than what only one of the forms of media was in operation. The atmosphere is more fueled by the

A research paper on the 3 largest minority groups in the U.S Essay Example for Free

A research paper on the 3 largest minority groups in the U.S Essay The top three largest minorities in the United States are the Hispanic Americans, African Americans, and Asian Americans. The United States 2000 census indicated the total population as 281. 4 million where the 3 minorities represent approximately 30. 1 percent of the population. The purchasing power for the 3 major minority groups in very important n marketing and is provided in this study (Sfm 2008). African Americans African Americans are the second largest group of minorities and heavily contribute in the national politics, social welfares as well as economy. The population has increased in number within the various government and states welfares. This helps the group to advance financially according to the joint center for economic studies survey (Dana 2007). The total population of African American consumers is approximately 36. 4 million which relates to approximately 12. 9 percent of the total population in the country. As a result, targeting these consumers and studying their growth impacts on the multiplication of wealth and properties in the country. A landmark survey conducted in 2008 illustrates increased growth especially in the â€Å"mortgage originations, medium household income, and small businesses entrepreneurs and obtaining of degrees in higher education levels† (Sfm 2008). According to census bureau, African Americans have the second highest purchasing power in the minorities with turn over of $532 billion which translates to 73 percent growth as compared to 1990. In the education sector, the number of degrees offered in higher education is hitting three times as much as that of general market. African Americans have made use of the mortgage system to own house hold houses and around 50% of the household resides in their own homes (Sfm 2008). On entrepreneurship and ownership of small and medium businesses, the rate of expansion is five times as much as white Americans where revenues according to a business study conducted has experienced a 60 percent growth. The average age for African Americans is 30 and around 15 percent earns a household income of more than $50,000. The average house hold income in 2008 was $34,000 (Dana 2007). Availability of income influences the purchasing power of an individual. A study conducted in 2007 indicate that around 300, 000 African American house holds has a house hold income of above $100,000. This indicates that approximately 1 in every 6 households in the group earns this income (Dana 2007). For the medium households, the group is experiencing 60 percent growth in comparison to the whites’ households. This has helped in offering various opportunities for this minority group with a â€Å"mean portfolio size of $115, 000 for each house hold and approximately $57, 500,000 dollars of investment at hand† (Sfm 2008). With the use of statistics for projection, the investment dollars is expected to multiply to $83,375, 000 in duration of five years and attain a mean of $115,920,000 after a decade (MacInnis 2009). African Americans according to the United States population census represent 12. 1 percent of national citizens. This composes of the of all those who have been born in the country and have resided with their families for more than 300 years as well as those who have immigrated from Africa in the recent past. African Americans represent people from the black race (MacInnis 2009). On the regional demographics, African Americans are not clustered in limited areas with respect to other minorities. However, the group is the main driver for the markets in most of the cities in the United States. Report from the United States census Bureau indicates that â€Å"76 percent of the total population in Detroit, 65 percent in Washington and approximately 62 percent in New Orleans† are African Americans (Sfm 2008). Their population is also evident in various other states including â€Å"New York City, Chicago, Philadelphia, Los Angeles, Houston, Baltimore and Memphis. † For the universities in these states, approximately 78 percent of the students are African American (MacInnis 2009). Extensive migration for the African Americans is being experienced mostly to the south. Various states including Atlanta are experiencing massive economic expansion through the group activities. There are also increased employment opportunities mainly in â€Å"Houston, Dallas, Raleigh-Durham and other states from the south† which are attracting the African Americans into the region. The region has also cheap real estate, moderate weather and easily affordable way of live (MacInnis 2009). Successive marketing in the African American society requires clear understanding of their culture. The group according to a survey is discerning shoppers and is very careful on quality and satisfaction. They are loyal customers and remain in the brands they use thus a good relationship is required. Appearance in advertisement is very appreciative for the group in the utilization of their talents (MacInnis 2009). The internet is another media form that is widely used by the African Americans through the on line commerce. In investment, the group mainly engages in real estates business and banking sector as opposed to the bonds and stocks which is popular among the whites (Sfm 2008). Hispanic Americans The Hispanic population in the United States the largest minority group and is increasingly growing and thus affecting various sectors. This might be from political to business view. The population for the Hispanics is currently approximately 35. 3 million, approximately 13% of total population according to census department which translates to a percentage growth of 38 percent in comparison to overall population growth of 9 percent (Dana 2007). The population is projected to reach a high of 96 million by 2050 where they will take a quarter of the total population. Among the Hispanics, approximately 2 million people earn more than $75,000 in every year. The average house hold income in 2008 was $40,800 (Sfm 2008). The population has a huge transactional power of approximately $428 billion. This is expected to reach $600 billion in five years. The Hispanics household income is significant and their mean number of people in every household is 3. 6. This also gives an average age of 26. As a result, there is need to understand the group’s culture for effective marketing (Dana 2007). Majority of the Hispanics originate outside countries. The dominating countries of origin are â€Å"Mexico, Cuba, Puerto Rica, the Dominican republic and various countries in south/central America† (Sfm 2008). The group heavily embarks on their family with much priority hoping to offer the best. Respect of culture with marking of various events is also common with the group. The population like watching sports over the television with professional boxing followed by base ball being the favorite according to a study by MDI (Dana 2007). The United States census bureau indicates that majority Hispanics, approximately 80 percent reside mainly in five states. However, around 59 percent reside in ten states including â€Å"Los Angeles, New York, Miami, San Francisco, Chicago, Houston, San Antonio, McAllen, Dallas, Worth and San Diego† (Sfm 2008). For effective marketing in the group, products relevant to their culture provide a consolidated base and increased number of customers. Products that would address family matters and its importance are also marketable in the Hispanics (Dana 2007). Language is very important for the Hispanics and they prefer the use of mother language thus advertising of products should be done with Spanish speaking media rather than English speaking media (MacInnis 2009). Creation of friendship and one to one contact with the customers is required due to relationship orientation by the group (Dana 2007). This would also call for recruitment of Hispanic personnel. Considering that around 30 percent of Hispanic population is below 18 years of age customization of vehicles is advisable. In the universities, approximately 21 percent of undergraduate students are Hispanic (Sfm 2008). Asian Americans Asians represents various nationalities including â€Å"Japanese, Chinese, Koreans, and Asian Indians. † In the United States, Asian Americans total to 11. 9 million which represents 4. 2 percent of the total population. This is projected to get to 35 million by 2050. The Asian Americans have a high purchasing power of approximately $300 billion annually (Louis 2010). Asian Americans have a mean age of 33 years where more than half of population aged 25 and above are married. The population strongly values their family. The Asians have a multi generational type of house holds with mean of 3. 8 per household (Sfm 2008). Majority speaks their mother language and educate their students on language schools mainly Chinese. Majority of the Asians are entrepreneurs with long working hours with reduced leisure shopping. They are ranked as the lowest group in leisure related activities. Due to their increased hard work, they are the highest income earners in the United States. The average household income for the Asians is was $66,900 in 2008 (Louis 2010). In the education sector, Asians household have the highest education level with comparison to the various other groups. It was reported that 38 percent of the Asians Americans have a degree certificate (Sfm 2008). Effective marketing in the Asian American population require intensive knowledge as well as preparation in addition to staffing from the group. In the advertising a number of agencies have already been established that specializes in the Asian American markets. Ethnic group members play the advertising procedure thus one requires understanding of community as well as language for excellence. The strong language preference has led to the growth of Asian media in the United States with increased Asian language television, radio, newspapers, and magazine (Sfm 2008). Asians reside in a few states and this provides n easier communication program for the population. Among the key states where Asian American resides include â€Å"California, New York, and Texas† (Louis 2010). They also reside in Los Angeles and San Francisco but in reduced numbers. Filipinos are more so concentrated in Los Angeles whereas the Chinese are in New York City. For the case of San Francisco, the two are concentrated. The Asian population is also expanding in â€Å"Washington, Seattle, Houston and Dallas. This is as a result of technological expansion and other investment gains (Louis 2010). References Dana, L. P. (2007). Handbook of research on ethnic minority entrepreneurship: a co- evolutionary. Massachusetts. Edward Elgar Publishers Louis E. Boone, David L. Kurtz. (2010). Contemporary Business 2010 Update. New York. John Wiley Sons MacInnis, D. J. , Park, C. W. , Priester, J. W. (2009). Handbook of brand relationships. New York. M. E Sharpe publishers. Sfm. 2008. Article accessed from http://www. sifma. org/services/hrdiversity/pdf/African. pdf