Free Toefl Essay Samples Ideas

Free Toefl Essay Samples Ideas Knowing the most frequent IELTS essay topics lets you revolve around the most crucial vocabulary. It may also be beneficial to review other TOEFL writing samples to receive a better idea about what an excellent TOEFL essay appears like. Essay Writing Guide Here's an amazing app that is believed to be the encyclopedia in teaching. Writing about a different topic is a simple means to receive a very low score. A superb prep book can be absolutely the most important study tool you use, and we've got information on all the very best TOEFL prep books you should think about. There are two major means by which you can use the most frequent IELTS essay topics to your benefit. If you're going to succeed in the IELTS test you must be using and exposing yourself to English everyday. 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Analytical application Example

Essays on Analytical application Essay Factors Influencing Exchange Rate between the U.S. Dollar and Euro Factors Influencing Exchange Rate between the U.S. Dollar and Euro A look into the performance of dollar shows that it fell by 30% against euro in the year 2010. As Rahn (2003) points out, in the place of the 80 cents one had to pay for each euro in 2009, presently, one has to pay 1.24 dollars per euro. While some scholars argue that a further fall is in the pipeline, a rational assumption is that as dollar already reached its minimum, its value is likely to improve in the coming years. The various factors that are considered as influencing factors on dollar-euro exchange rate are the international real interest rate differential, relative prices in the traded and non-traded goods sectors, the real oil price, and the relative fiscal position (Dollar-euro currency exchange). A look into the various analytical works prove that the main reason behind the present fall in dollar value is the large trade deficit, which, in turn, was created by the flow of foreign investment dollars into the US economy. One can say undoubtedly that the world countries will not let the dollar go down as such a fall will adversely affect their own national interests. To illustrate, the US economy offers more return on capital than its European counterparts. As a result, foreign governments, especially the Asian giants like China, Japan and India, have purchased considerable amounts of US dollars as reserve backing for their own currencies. So, a significant fall in the dollar will have an adverse impact on these investor economies. Admittedly, the present day fall in dollar value is primarily as a result of the decline in private foreign investment and is in no way connected with foreign governments. Before its fall, dollar witnessed a sharp rise against the euro, and because of this growth, there arose a belief among private investors that dollar has become too expensive to afford. So, there was a natural shift towards euro as the only other option. As a result, dollar came down the way it went up. Now, experts point out that as far as America manages to offer a higher return on investment, it will remain as the primary destination of investment for foreign banks and private investors. As the demand for dollar will grow again, the current deficit will be overcome. However, there are certain governmental initiatives that have already tarnished the image of America as an investor-friendly nation. Some examples are the Patriot Act and the Sarbanes-Oxley Act. As a result of such provisions (as reported by The Economist ) that require extensive paperwork and offer the threat of privacy intrusion, foreign investors have lost interest in the America economy. In the opinion of Gene Epstein, in order for dollar to further collapse, there conditions should exist at the same time. First of all, there should be an existing weakness for dollar that makes investors look for other options. Secondly, there should be another more beneficial option, and thirdly, there is the need for a triggering event. It is pointed out by the scholar that the first option is already in place. This is so because dollar has already fallen by more than 30% in a period of one year. However, the problem is that there is no viable alternative at present for dollar. According to Eps tein (2011), this is so because while 61% of the foreign currency reserves are in dollars, the nearest rival euro only has 30% of the reserves. In addition, there is the debt crisis faced by the euro-zone. As a result of all these, one cannot consider euro as a viable alternative to dollar. The third point is the occurrence of a triggering event. In the case of dollar, a possible triggering event is the dumping of treasury notes on the secondary market by foreign governments. If such a measure is taken by countries like China or Japan, there will be panic in the market leading to dollar collapse. However, a look into the business tactics of these nations proves that such a step is unlikely from either of them. To illustrate, it is a known fact that China has nailed its Yuan to dollar in an effort to keep its exports to the US cheaper. Thus, if it resorts to such measures that will cause a fall in dollar, China will lose its position as the cheapest exporter. Very similar is the case of Japan too. The nation wants to promote exports to the US, and the only way in front of them is to keep dollar high. So, despite its 800 billion dollars of treasury notes, Japan will not try to dumb the dollars as far as the nation wants to depend on exports. However, one cannot turn a blind eye towards the distant possibility of other nations becoming better markets than the US. Still, as far as US is the best market in the world, the investors will not let dollar go uncontrollably down. References Dollar-euro currency exchange. Easy Forex. Retrieved from http://classic.easy-forex.com/en/Forex.dollareuro.aspx Epstein, G. (2011). Milton Friedman’s Euro Smack down. Barron’s. retrieved from http://online.barrons.com/article/SB50001424052702303544204576542853219931480.html Rahn, R. W. (2003). How far will the dollar fall? Washington Times, 30 December. The rise and fall of the dollar: Go with the flows. The Economist. Retrieved from http://www.economist.com/node/17956749

Egg Drop Experiment free essay sample

Drop The purpose of this lab, was to create a device to help an egg survive the fall from a fire truck without breaking. In this lab I used a beer holder and cotton balls and a gel pillow to help the egg survive the fall. My procedure was to put a few cotton balls in the beer holder then I put my egg in it, next I filled the rest of the holder with cotton balls. Finally I taped the beer holder to my weighted pillow and it weighed around 490g. My results concluded that my egg hit to hard and cracked on the concrete. As the projectile was falling it didn’t fall straight and landed right on the part holding the egg not the pillow as I intended. I thought my project would work if it would have fallen right. My cradle was soft and I thought it could have saved the egg. We will write a custom essay sample on Egg Drop Experiment or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page If I were to improve my project I would have used something harder as a base and tried to keep the egg more secure. I would have also tried to accelerate the time of impact to try and save the egg. After the drop I realized my egg had not survived. The egg hit the ground to hard and cracked along the top of the egg. There was contact between the egg and the surrounding objects to a point where it cracked the egg. My results were what I was expecting because I was not sure if the container would fall straight down or move like it did. I was disappointed but it was a nice attempt to save my egg. If I were to do this experiment differently I would have used something harder as a base and tried to keep the egg more secure. I would have also tried to accelerate the time of impact to try and save the egg.

Sharp Corporation Essay Example

Sharp Corporation Essay [emailprotected] CORPORATION: BEYOND JAPAN INTERNATIONAL BUSINESS MANAGEMENT . 3 . 8 TABLE OF CONTENT PROBLEM STATEMENT ANALYSIS DISCUSSION OF ALTERNATIVES RECOMMENDATION EXECUTIVE SUMMARY CITATIONS EXHIBITS 3 5 Sharp Corporation needs a major overhaul of its business model. Sharps previous model of make in Japan, sell overseas has been successful until recently. Currently, with the increased mobility in engineering talent and technology transfer, companies from new emerging markets such as South Korea and Taiwan are gaining the competitive advantage over Sharps outdated business model that no longer fit with he firms strategy or the business environment. Sharps previous president, Katsuhiko Machida, adhered to the principles of keeping manufacturing in Japan. 3 Following this principle had some advantages in the domestic market but had major disadvantages for fulfilling demand in the international market. Sharp is becoming popular in the international market with significant increases in foreign sales revenue (Exhibit 1). Due to the fact that all of its products were manufactured in Japan, Sharp were unable to keep up with the international demand for its product. With more than 54% accounting for nternational demand, implementing an effective supply medium to deliver its product is imperative for Sharps success2 (Exhibit 4). Some products lost as much as 10% of its value, in the shipment time duration it required to reach its target market. With Sharps products not flowing to the target market smoothly, competitors including South Korean and Taiwanese companies were gaining a competitive edge. Sharps inability to supply their product efficiently to the international market correlates to the negative effect on the domestic market as excessive company resources were being channelled elsewhere (Exhibit 2). The negative effect may also have been caused by the foreign exchange rate. With the majority of its inventory being sold abroad, Sharp now faced a new issue which was beyond its control. We will write a custom essay sample on Sharp Corporation specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Sharp Corporation specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Sharp Corporation specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The foreign exchange rate was susceptible to an array of different environments and varied consistently through time (Exhibit 3). The increase in the value of the US dollar meant operating income for Sharp was relatively lower as well. This is mostly notable in year 2009, when the Japanese Yen devalued the most against the US dollar $, which aided in the operating loss of millionl . No significant financial rovisions were taken in order to mitigate foreign exchange losses by Sharp. Sharp has been continuously investing large amounts in production facilities in Japan and then exporting key devices to be assembled in foreign countries. 4 Basing most of its operation in Japan, Sharp had the disadvantages of paying higher tax rates and costly infrastructure in comparison to its competitors who based their core businesses in key strategic locations with minimum tax implications and low infrastructure costs. 6 Also, due to excessive domestic investments, Japanese plants had turned into high alue added knowledge, while overseas plant lacked any of this traits which is detrimental for any overseas expansion strategy. Using the black-box approach Sharp has been secretive about its production and was unable to reap any benefits that might be possible through effectively engaging in value chain integration to suit their needs; while its competitors were readily exchanging and integrating industry knowledge. Sharps emphasis on combining knowledge and capabilities in ways other firms could not imitate is not feasible in the age of Globalization where satellite and internet communication is readily available to everyone. The increased mobility of crucial talent and technology transfer within the industry is something Sharp had not experienced 5 10 years ago. Sharps intellectual property is limited to the core operations of the company itself. 4 Due to this, Sharp were confined to the industry knowledge within their company and had limited access to RD from different companies within their value chain. Sharp did not have a stringent plan to remain as an industry leader in its LCD division as well. Most of the competitive advantage it gained is through using its proprietary LCD technology Four Primary Colour and by increasing the sizes of the TV. Sharps business outlook in the LCD market to gain competitive advantage by increasing the sizes of the TV, is not farfetched as the company is now beginning to realise that the customers had a threshold point on the sizes of TV they wanted. The new president of Sharp Mr. Katayama had a Globalization attitude to the companys business model. Sharp is in the verge of creating a new identity for itself. It is a major player in the industry and could not operate in an also ran basis that it used to in the past. It needed new alternatives to remain on the top and gain competitive advantages over its competitors. Starting production in an international market seemed unlikely in the previous business model which followed the make in Japan, sell overseas principles. With recent losses in the companys financial statements, and worsening economic conditions it is imperative for Sharp to overcome this limitation. Starting production in major markets and developing specialized knowledge internationally would divert the focus of heavy investment in Japanese plants/infrastructure. Access to lower-cost workers, technical expertise, lower transportation costs and productions inputs are a Just a few benefits Sharp ould be able to realize with the new business model. However, there were many risks associated with expanding production to a foreign country. Thorough investigation on the feasibility of this option needs to be scrutinized accordingly. Changing operating model from vertical integration to horizontal integration for the companys production technologies and manufacturing capabilities will give it a better standing in the competitive market. Forming alliances with local companies in major markets such as China, to establish a value chain would maximize efficiency and cash flow (Exhibit 5). Up until recently Sharp has been building plants in Japan for front-end processes with their own resources5. With its knowledge centres and infrastructure located solely in Japan, Sharp could benefit from it by bolstering cutting edge production technologies/manufacturing capabilities nationally and extending its technologies gradually to global sites. Aiming to create a value chain in the consumption area/maJor markets, encompassing each step from procuring materials through manufacturing and sales; an internal company concept known as local production for local consumption, would allow Sharp to receive a return on its roprietary technologies and technology assistance fees such as initial payments, royalties, dividends and revenues from Joint ventures. This serves to reduce risks involved in foreign exchange rates and the recovery of capital expenditurtes4. Sharp has already started this initiative with its Solar Cell product division, forming alliances with Italian power company Enel SpA3. This trend n other product divisions as well. s to follow suit for its Starting a new manufacturing plant outside Japan would be capital and labour intensive. It would also expose the company to various risks such as financial, olitical, environmental, and legal risks. Alternatively, integration through value chain approach would allow Sharp to mitigate some of the risks involved compared to starting a new plant and would not require intensive capital investment. Forming value chains would allow Sharp to access the benefits from well established businesses which are already firmly integrated in the local business environment. It would also allow Sharp to access and understand potential opportunity for future markets for its products as the current markets gets saturated. Integration with arious international value chain means Sharp would adapt an International Firm Management technique in the global business environment. Up until now, Sharp had minimum production technologies/manufacturing operations internationally and operated its production plants predominantly in a national level. Despite the potential benefits of global markets, Sharp must constantly monitor the match between the firms product and new markets to not overlook the needs of the buyers. Sometimes, the benefits of serving customers with an adapted product may outweigh the benefit of a standardized product5. The value chain will allow Sharp to perform distinctive, speedy and efficient R using open innovations and cooperation with partners to gain expertise in fields of technology that are new to Sharp8. However, while operating in foreign markets it should protect its intellectual property and industrial properties through various mediums of patent, trademarks and copyrights. Sharps previous model make in Japan, sell overseas has not been successful recently because the market has changed dramatically. Its operating model had not historically emphasized co-operations with other firms. With increased mobility in ngineering talent and technology transfer, companies from new emerging markets has made its previous business model obsolete. If Sharp wanted to remain as an industry leader it had to change its operation model to suit the Globalization environment. Integration with the international value chain to provide production technologies and manufacturing capabilities beyond national borders would allow Sharp to mitigate expensive legal risks, political risks, shipment cost, infrastructure cost (home/abroad) and foreign exchange fluctuations. It also opens an opportunity to new markets for Sharp as current markets gets saturated. While adapting to a new operating model, Sharp should always consider the risks implications such as global market trends, business partners, intellectual property rights, litigations, and technological innovations which may have significant effect on the financial statements. SHARP Corp. (2009) Opening New Frontier Annual Report, Consolidated Statement of Operations (p. 44) 2 SHARP Corp. (2009) Opening New Frontier Annual Report, Financial summary (p. 36) 3 SHARP Corp. (2009) Opening New Frontier Annual Report, New Business Model (p. 8) 4 SHARP corp. (2009) opening New Frontier Annual Report, Introducing a New Business Model (p. ) 5 John, J. W, Kenneth. L. W, (2012). International Business: The challenges of Globalization, Sixth Edition. Pearson Hall 6 Lehmberg, D. (2011). Sharp Corporation: Beyond Japan. Richard Ivey School of Business Exhibit 1: Various Equipment type sales in 2009 for Sharp Corporation Equipment type Audio Visual/ Communication 2 Health/Environmental Informatio n 4 LCDS Solar cells 6 Other Electronic Devices Exhibit 2: International Sales Vs Domestic Sales for SharpCorporation Exhibit 3: Foreign Exchange US $ vs Japanese (2007 2009) Exhibit 4: Sales by Region, Sharp Corporation Exhibit 5: Sharp Corporation (2009) Annual Report