...Are you cerebration to buy diamond jewellery in the nighest incoming? In case your work to the duplicate is yes then you should translate on. We give, in this article, gossip nearly the finest position to buy diamond jewellery. You might seem that why do you beggary to bang the individual expanse as most of instance you buy your requirements from the nearby jeweller. You are reactionary and most of the else grouping persevere the hit to transfer along to rest on bed. If you dont, there are treble chances that you strength regress cover. Thence, the one objective that you original necessity to believe spell buying diamond jewellery that because of its great exact and popularity in the transnational mart there are banging confine of group who hump are of the highest measure. Withal, you would not realise that because you love not seen anything added because of your orientation for your nearby fund. Now, added street that is upcoming up is that you buy diamond jewellery from is the online substance. The internet is one of the most touristed modes of doing a lot of things in the grouping today. Among all these lot of things, one of them is the fact that one can do a lot of purchase through them. The majuscule split of near purchase diamond jewellery finished the net is that one is not confined in any conduct. One can go to any fund anywhere in the man through a utter of a add and one can also buy from ecommerce stores. Hence, this has transform one of the best approximate to buy diamond...
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...recent decisions that you made in which you weighed marginal cost and marginal benefit. The economic perspective focuses largely on marginal analysis—comparisons of marginal benefits and marginal costs. To economists, “marginal” means “extra,” “additional,” or “a change in.” Most choices or decisions involve changes in the status quo, meaning the existing state of affairs. For instance, should you attend school for another year? Should you study an extra hour for an exam? Should you supersize your fries? Similarly, should a business expand or reduce its output? Should government increase or decrease its funding for a missile defense system (Brue & McConnell, 2010)? Each option involves marginal benefits and, be- cause of scarce resources, marginal costs. In making choices rationally, the decision maker must compare those two amounts. Example: You and your fiancée are shopping for an engagement ring. Should you buy a 1/2-carat diamond, a 5/8-carat diamond, a 3/4-carat diamond, a 1-carat diamond, or something even larger? The marginal cost of a larger-size diamond is the added expense beyond the cost of the smaller-size diamond. The marginal benefit is the perceived greater lifetime pleasure (utility) from the larger-size stone. If the marginal benefit of the larger diamond exceeds its marginal cost (and you can afford it), buy the larger stone. But if the marginal cost is more than the marginal benefit, buy the smaller diamond instead, even if you can afford the larger...
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...I think that this diamond advertise has an issue with “truth telling for business.” This ad may not necessarily lie; your girl may actually think you’re funny again if you buy her these diamonds. But these kinds of advertisement have been misrepresenting and manipulating the whole society to believe a very expensive rock to be a necessary source of happiness. According to the Epicurus video narrated by de Button (ND), Epicurus believed that “advertisement cunningly associate the products they wanted to sell with the things customers need to be happy.” This advertise makes us want to buy diamonds by associating it with the fact that it’s the deep companionship we’re looking for (according to Epicurus, friendship is one of three major ingredients for happiness (de Button, ND)). Without the advertisements saying that diamonds are the “necessary representation of love,” it wouldn’t make sense for your girl to start looking at you differently when you give her these rocks. In Adam Ruins Everything video titled “Why Engagement Rings Are a Scam” (CollegeHumor, 2014), Adam says that before the 1930s, people didn’t use to propose using diamond rings. That means if you time travel before the 30s and give diamonds to a girl of that time, she won’t see you as “funny” in the way you would expect....
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...revenue for the business you have chosen? (Task 3) The business My business, Diamond Kebab what’s to provide the customers with good food at a reasonable price and provide good service, so that customers are able to trust the business because of their consistent good quality and price. The purpose of the business is to make profit and also to make like a restaurant so that it will attract different types of customers, also they want more shops in different areas so that people that live far are able to go to closer shops. Revenue The definition of revenue is the income generated from sale of goods or services, or any other use of capital or assets, associated with the main operations of an organization before any costs or expenses are deducted. I got this from business dictionary. To work out revenue you do quantity sold x selling price Importance of revenue An increase in revenue could mean an increase in profit, however if revenue increases, expenses will also increase and so the percentage change in profit will not shift as much as one might think. Also increase in revenue could also lead to more investments back into the business, for example to buy new technology, staff training, extending a department etc. The strategies that will help to increase Diamond Kebabs revenue is: Advertising price reduction, price increase, free gifts, bogof (buy one get one free), and product range. Advertising price reduction will help improve Diamond Kebabs revenue, because if...
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...a woman should expect from their man or that the man of the house should buy the woman of the house bright, shinny, and expensive jewelry. In 2003, De Beers’ launch of the “Right Hand Ring” advertising campaign was devised to persuade women to buy a shiny piece of bling for their “non-man hand.” This ad campaign is a purely emotional pitch to a woman’s self-confidence with different colored text and the way they portrayed an independent women through the model; however, there are a few facts that De Beers seemed to forget while releasing these ads. In the “Right Hand Ring” advertisement, it fails to indicate that there is a diverse group of wealthy women in this world who may not be married nor have children, and quite simply that not all “women of the world” can afford expensive diamond jewelry to express individuality. When looking at this advertisement, the first thing you notice is the woman. Don’t get me wrong she is beautiful; her silk like hair cascading down her shoulder much like a waterfall, her lips red with her glowing porcelain skin and her figure looking ten times better than mine. Her smirk seems to be telling you she is confidant and satisfied with her day. Most women would prefer to look like this everyday! Lets not exclude that burst of light coming from her right hand. One can only assume it’s a diamond ring because you can’t even actually see it in the ad. Once you get past this “perfect” woman, you start to read the words on this ad. In orange you have empowering...
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...Body 4 3.1. Situation Analysis of Argyle Diamonds (SWOT) 4 3.2. Analysis of Argyle’s Marketing and Sales Strategy 5 3.2.1. Key Objectives 5 3.2.2. Strategies and Tactics (Value Chain Analysis) 6 4 Conclusion 8 5 Recommendations 9 5.2 Brown Diamond Sales Strategy 9 5.3 Other Recommendations and Sales Strategies 10 6 References 12 7 Appendices 13 Appendix A 13 Appendix B 14 Appendix C 15 Appendix D 16 Appendix E 17 Appendix F 18 1. Executive Summary The diamond industry is a burgeoning industry with high profit margins that is attractive to any organization around the world. However with production limited to a handful of companies and the opportunity to conduct sales promotions hindered by the monopoly of De Beers Diamond Company, the opportunities for growth are limited, at best. This report examines the situation of Argyle Diamonds of Australia. It provides a SWOT analysis for a deeper look into the current situation as well as analyzing the key objectives, strategies, and tactics that are employed by Argyle Diamonds in its efforts to promote coloured diamonds through the use of a value chain analysis. Finally, recommendations have been provided for Argyle Diamonds on how to capitalize on its strengths in the coloured diamond industry with particular emphasis on the opportunity they possess with the large production of brown diamonds. The overall analysis suggests that Argyle Diamonds are moving in the correct direction; a direction...
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...| Are diamonds investor’s best friend? | Study on polished diamonds as an alternative investment. | | Presented by:Daria GoldobinaStudent number:080006193Supervised by:Anh L. TranIn partial fulfilment of the:BSc Business Studies, Cass Business SchoolDate:24th March 2011I certify that I have complied with the guidelines on plagiarism outlined in the Course Handbook in the production of this dissertation and that it is my own, unaided work.Signature:__________________________________________ | | This work is dedicated to the memory of my beloved grandfather Ivan Smolin. He was a sweet, kind and sensitive man who devoted his life to studying precious stones and metals. He enriched my life with passion to beauty. If God wanted us to bend over he'd put diamonds on the floor Joan Rivers Contents Acknowledgements 3 Executive summary 7 I Introduction 10 Ground for discussion 10 Objectives 10 Methodology 11 II Literature review and hypothesis development 12 Overview 12 Introduction 12 History of diamonds 12 Industry structure 13 DeBeers cartel 15 Diamond valuation 16 Diamond valuation process 16 Determinants of diamond prices 18 Diamond as an investment 19 Types of investment 19 Problems associated with investing in diamonds 20 Benefits associated with investing in diamonds 20 Alternatives to investing in diamonds 23 Hypothesis development 25 III Methodology 26 Data collection 26 Primary research 26 Secondary...
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...many differences in The Gift of the Magi, by O. Henry and The Diamond Necklace, by Guy de Maupassant, there are also various similarities. Some of the similarities include being set around the same time of year, winter, both set at the turn of century, both couples have the same economic situation, both couples love each other, both couples made sacrifices and the pride shown in both stories. The differences are what stands out the most, Mathilde is selfish and only thinks of herself, Della and instead of just bemoaning their lack of funds figure out a ways to get each other a gift for Christmas, Mathilde lies to her friend about the necklace. Although there are many similarities and differences, these are just a few. Both stories are set in the winter, this is made obvious in both stories by certain passages. In The Gift of the Magi we know that Della is trying to by a Christmas gift for Jim. “One dollar and eighty seven cent. And the next day would be Christmas” (Henry, 1906). In The Diamond Necklace, we are left to draw the conclusion that it is winter with the date of the ball being January 18th. “The Minister of Public Instruction and Madame Ramponneau request the honor of M. and Madame Loisel at the palace of the Ministry on Monday evening January 18th” (de Maupassant, 1884). The time of year in The Gift of the Magi is told to the reader in the first passage, whereas the time of year in The Diamond Necklace is alluded to by the invitation that is given to Monsieur...
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...with thorough research of the jewellery crafts of India. Their factory located at Hosur, Tamil Nadu (India) spreads over 135,000 sq ft. The brand’s winning virtues in design and overall quality have shaped a class of discerning buyers who seek the best in jewellery products. Leadership and innovation are two of the other brand features that Tanishq is consistently identified with. These values have helped the brand bond with its consumers like no other Indian jewellery retailer. PRODUCT LINE & THE COLLECTIONS PRODUCT LINE: Tanishq Diamond Cut and crafted with utmost care, Tanishq diamonds come with a certificate of authenticity, stating the karat, colour and clarity of the stone, to enable you to know exactly what you are paying for. No gemstone expresses human emotions more powerfully than a diamond and Tanishq transforms these precious stones into breath-taking masterpieces,each unique and splendid in design. When it comes to diamonds at Tanishq you will be spoilt for choice from many collections we have to offer. Tanishq Gold From the traditional harams, mangalsutras to the...
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...Diamond Foods Financial Fraud Scandal Adrienne M Somers David F McCormick Acct 320 February 27 2012 In April 2011, Diamond Food Inc (DMND), the nation's largest walnut processor and maker of Emerald nuts announced plans to buy Pringles from Proctor and Gamble for $1.5 billion in stock (Reuters, 2012). This move was part of the company's aggressive growth strategy to become a leader of the snack food industry. Former chief executive officer, Michael Mendes, and former chief financial officer, Steven Neil, spearheaded this effort. However, plans were postponed as questions arose about two large payments that were made to walnut growers in August of 2010 and September 2011 for $20 million and $60 million respectively. An internal audit of the financial records found that these payments were improperly booked into the wrong accounting period, which artificially reduced the company's costs, and boosted earnings in that period making the company look more profitable than it actually was. It is a technique known as earnings management. Because of the probe, Michael Mendes and Steven Neil were removed from their positions as CEO and CFO (Dalai, 2012). The financial records for 2010 and 2011 were found to be unreliable meaning that would have to restate their financial results for both these years. This scandal caused Diamond Foods Inc shares to fall by 40 percent. It seriously damaged the reputation of the company and the trust of their shareholders. It also ruined any chance...
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...and operate a diamond mine. He estimated that the company would need to raise $20M by way of a share issue and he planned to approach the members of his golf club, which has 100 wealthy members. Butch considered that the company would only need $10M of the $20M in the initial exploration phase but would require the further $10M in the critical operational phase that would follow. Butch was uncertain as to the type of company he should register. He planned to be the Managing Director of the company and to have his close friend Patsy as Chairman. Butch wanted to keep the affairs of the company confidential and retain control of its management but without the large amount of capital required, the company would not be able to undertake its objectives. In April, Butch contracted with some mining engineers to assist with the mining operations in October. Butch signed the contract with the mining engineers as “agent of Diamond Pty Ltd”. In June, Butch registered Diamond Pty Ltd with no constitution. Ralph is a shareholder in Diamond Pty Ltd. Ralph becomes aware that the directors of the company are considering the creation of a constitution with the following rules: i) that no director may be removed from office by the members; ii) that members may only appoint directors of the company as proxies to general meetings; iii) that the company’s activities are restricted to diamond mining. In early October, Butch advises the mining engineers that Diamond Pty Ltd is not...
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...are made you don’t have enough X-box ones. This isn’t a one on one relationship because each X-box can use more than one controller. What would make the curve expand or contract? If the number go outside of the curve efficiency is lost and there become a production imbalance. Why is efficiency lost at the extremes, as when substantially more of one good and very little of another is produced? At the extremes you would either produce too many ocntrollers and not enough x-boxes or vice versa. Problem #2 Part A: Go to the internet auction site eBay® at www.ebay.com and select the category Jewelry and Watches, followed by Loose Diamonds and Gemstones, and then Diamonds, Natural. How many natural diamonds are for sale at the moment? 216,679 natural diamonds on sale at the moment. Note the wide array of sizes and prices of the diamonds. The price range was from $4,500,000 to 1 cent. The size of diamonds for sale ranged from .008 carats to 30.45 carats. In what sense is there competition among the sellers in this market? Most of the sellers are trying to set a price that allows them to get rid of their diamonds as soon as possible. How does that competition influence prices? Competition for loose diamonds if of the proper rarity will drive up the price of diamonds. In what sense is there competition among buyers? Some competitors fall into the trap of outbidding competitors due to their emotions getting out of check. Ebay allows repeat buyers to buy as much...
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...and operate a diamond mine. He estimated that the company would need to raise $20M by way of a share issue and he planned to approach the members of his golf club, which has 100 wealthy members. Butch considered that the company would only need $10M of the $20M in the initial exploration phase but would require the further $10M in the critical operational phase that would follow. Butch was uncertain as to the type of company he should register. He planned to be the Managing Director of the company and to have his close friend Patsy as Chairman. Butch wanted to keep the affairs of the company confidential and retain control of its management but without the large amount of capital required, the company would not be able to undertake its objectives. In April, Butch contracted with some mining engineers to assist with the mining operations in October. Butch signed the contract with the mining engineers as “agent of Diamond Pty Ltd”. In June, Butch registered Diamond Pty Ltd with no constitution. Ralph is a shareholder in Diamond Pty Ltd. Ralph becomes aware that the directors of the company are considering the creation of a constitution with the following rules: i) that no director may be removed from office by the members; ii) that members may only appoint directors of the company as proxies to general meetings; iii) that the company’s activities are restricted to diamond mining. In early October, Butch advises the mining engineers that Diamond Pty Ltd is not...
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...March 16, 2016 Chapter 6 and answer the following questions: 1. (Law of Diminishing Marginal Utility) Some restaurants offer “all you can eat” meals. How is this practice related to diminishing marginal utility? What restrictions must the restaurant impose on the customer in order to make a profit? (Answers may vary) The marginal utility derived from each additional plate of food will diminish as you become full. The marginal utility will continue to decrease until it reaches zero or becomes negative. Food shows diminishing marginal utility after a certain amount has been consumed. The restaurant must require that the consumer not take food home and that the consumer not share the meal with others at the table. 2. (Marginal Utility) Is it possible for marginal utility to be negative while total utility is positive? If yes, under what circumstances is it possible? Yes, it is possible. Total utility rises as long as marginal utility is positive. When total utility starts to drop, marginal utility becomes negative. Total utility is still positive as long as the negative marginal utilities are not sizable enough to completely offset the positive marginal utilities on earlier units of consumption. 3. (Role of Time in Demand) In many amusement parks, you pay an admission fee to the park but you do not need to pay for individual rides. How do people choose which rides to go on? (Answers may vary) The rides are allocated on the basis of the time costs incurred while...
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...Facts In February 2010, Diamond Foods Inc.’s then-Chief Financial Officer Steven Neil asked his team of accounts an unusual question. How much could the snack-food company pay for walnuts that year and still top Wall Street estimates? According to the complaint released by the Securities and Exchange Commission, the answer was 10 cents less than the expected 82 cents that the company was expected to pay. To cover the difference, Mr. Neil devised a plan to put the extra cost into the following year which all the company the report better-than-expected results. The alleged fraud gave the company a string of earning beats and a strong rise in its stock. It also allowed Diamond Foods Inc the necessary currency needed to clinch a deal to buy the Pringles snack brand from Proctor and Gamble for $2.35 billion. Everything unraveled after the Wall Street Journal and some skeptical investors questioned the company’s accounting. According the Diamond Foods Inc, they conducted an internal investigation and ultimately restated its finances for the 2010 and 2011 fiscal years. The restated numbers showed the stock price per shared dropped from $90 a share to $13 a share. The fraud also had a negative impact on acquiring the Pringles snack brand. Diamond fired Mendes and Neil in early 2012 and restated its earnings after an internal probe concluded that the accounting was improper. (Hamilton, 2014) On January 9th 2014, the Securities and Exchange Commission charged Diamond Foods and its former...
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