Horizontal Profile of Cotton Research Paper Example | Topics and Well Written Essays - 1000 words

Horizontal Profile of Cotton - Research Paper Example Sellers in the market differentiate cotton products from other products on the basis of comfort. Sellers convince buyers that cotton provides ventilation and warmth during winter. Suppliers use cotton to make curtains, tauplins and tents as cotton since cotton withstands sun ray. The cotton product has distinct attribute unlike other products in the market. The industry differentiates cotton products from others on the nature and type of color, strength, versatility, adaptability and natural features of cotton. Non-physical attributes are bundled with the cotton product. In the case of physical attributes such as availability, nature of cotton and ability to withstand sun rays when exposed are bundled by sellers during process of selling. Sellers often display cotton products even in sunlight. Sellers inform buyers cotton is very versatile product as it can be coated, cotton is dry cleanable, and finished product (ICAC, 2005). Cotton product can be washed either by machines or hands. Cotton is very easy to print and this is unique attribute especially for marketing buyers. Product differentiation is a marketing and selling strategy which involves sellers informing buyers of distinct attributes of the product as compared to other products in the market. The graph above shows frequency of prices of cotton for a period of three months. The initial price is 59 units. The highest price in the month of February is 65.5. There is a price decline in the month of March with the lowest price being 60.5 and the highest price is 65 in the same month. The highest price in April is 66.5 and the lowest price of cotton is 62.59.the price range is 7.5 which translate to 0.75 equal intervals. The bin price of cotton product is 62.75 units. The bin price is the most affordable price for all willing and able buyers. There is a positive and non-linear relationship between prices of cotton and physical attributes of cotton in

BHS 499 (Senior Capstone Project) Module 2 CBT Essay

BHS 499 (Senior Capstone Project) Module 2 CBT - Essay Example Moreover, there were reports that 21 individuals have been documented to have waited for 24 months for their insurance and are struggling to survive (Robert M. Hayes, Deane Beebe, and Heidi Kreamer, 2007). Levit, Smith, Cowan, Lazenby, Sensenig, and Catlin reported (2003; p 155) that the US health care system which has tremendously developed, is found to be the most expensive in the world with a total spending that continues to increase. In fact, national health expenditures have heightened dramatically beginning 1970 from $73.1 billion up to $1.4 trillion as of 2001. Blumberg and Nichols argue, United States does not oblige their citizens to acquire a comprehensive health insurance unlike other industrial nations. Therefore, even if an individual has more than a single option for acquiring an insurance coverage, each option is linked with a choice as well as the opportunity cost of taking it. But are several people in US uninsured There are certain factors which have caused the increase spending in health care over time and consequently contributed by many Americans are uninsured. These factors are: The greater demand of consumers for health services, advances and costs in medical technology, the aging of the population, prevalence of chronic disease, introduction of new at the same time expensive technologies, health care labor market wage increases, increased spending on prescription drugs and changes in the insurance marketplace. These factors are said to be interrelated in the manner to which they propel health care spending. Inadequate health insurance throughout the nation, population characteristics, differences in employment patterns and public program eligibility standards vary one state to another (Hoffman and Wang, 2004; p. 33). On the other hand, President Obama also emphasized that his government will exert more effort to add $6 billion funds for National Institutes of Health Cancer Researches. National Cancer Institute (NCI) is a very importal health care agency that engage in the drug development process; from clinical trials program until drug discovery research. The agency also expedite discoveries of various interventions that are directed to save people's lives such as Cancer Research. Cancer research contributes in the assessment, diagnosis and treatment of several major diseases (U.S. Department of Health and Human Services, 2000). In the past years of flat budgets, NCI received about three percent (3%) budget increase.Scientists at the National Institutes of Health (NIH) have demonstrated the breakthroughs that reduced and will still continue to reduce sufferings and allow people to live longer and healthier lives. However in the past, the NIH budget severely limited the large medical advances. B etween 1999 and 2003, there was supposed to be a 15% additional budget to the NIH but unluckily, there was only a 3.2 % increase in 2004; 2% in 2005; 1% in 2006 (the lowest percentage% increase since 1970); and out of 27 NIH institutes, the National Cancer Institute had the greatest appropriation with $4.84 billion (Alliance for Aging Research, 2009).According to the Centers for Medicare and Medicaid Services (CMMS), health care expenditure is expected to transcend $3 trillion in the subsequent decade with just about Evolution of the Problem