Papers' Analysis Assignment Example | Topics and Well Written Essays - 1000 words

Papers' Analysis - Assignment Example Economies of scale are the cost advantage that comes from a product’s increased output. They arise due to an inverse relation between fixed costs per-unit and quantity produced. The more cars produced in this case, the lower the fixed cost per unit, as the cost is shared among a larger quantity of cars. They may also reduce unit variable costs due to synergies and operational efficiencies. Economies of scale are in two major types; external that arises from industry size and other extraneous factors and internal that arises from inside the firm (Motavalli 1). While benefits of this concept are obvious, I think they also impact on such areas as finance. For instance, a company like Ford Group would have a lower capital cost compared to smaller firms due to their ability to borrow at lower rates of interest. However, I believe that, even with this advantage, I think there is a finite upper limit to how Ford Group can grow in achieving economies of scale. When the hybrid car prod uction reaches a specific number, it will be more expensive to manage due to bureaucracy, complexity, and operational inefficiency. The results from Ford Group are also hard to ignore. For instance, the model T line of production and task specialization were integrated with standardization, as can be seen in their hybrid plant. The specialization that will go with the hybrid car production will lead to productivity increase. The coupling of specialization and standardization will ensure that the model parts will be of universal size at all times, which greatly reduces costs of restoration. However, it can also be argued that the reduction of costs by specialization and increase in productivity is offset by huge human costs. While there is little evidence of how economies of scale impact organizations like Ford in the long run, the idea has become a hallmark of Ford Group and other similar companies because it can be used all manufacturing functions; for example, marketing, research and development, distribution, and sales force utilization (Motavalli 1). Analysis # 2 The Texas drought of 2011 is bound to have ripple effects across the globe, especially with regards to agricultural products. Texas produces approximately 55% of cotton crop in the US, supplying the same to mills around the world. Because of the drought’s effect on cotton, the prices are on the up. The drought has also affected beef prices with ranchers being forced to sell off their cattle due to dramatic reductions in water and animal feed. The selling of, off valuable breeding stock is expected to see a long-term increase in the price of beef. It is also expected that there will be a 50% jump in the prices of wheat in winter because of the drought, especially since Texas accounts for 20% of wheat production (Hylton 1). The FAO price index for food raised to 6% in mid-2012, which was attributed to the unfavorable conditions of weather, particularly the drought currently ravaging parts of the United States, which have driven the cost of agricultural products up. However, what is happening now is more a climatic transition than a random weather event. The consequences have been predicted to be especially dire for the poor population in the world (Hylton 2). However, in my opinion, the prices of beef, wheat, and cotton will be affected by other factors, rather than by drought alone. The use of biofuels

Intellectual Property Rights Infringement of TV Productions Essay

Intellectual Property Rights Infringement of TV Productions - Essay Example The UK law does not require copyright to be registered as trademarks, designs and patents. A copyright in UK is created automatically with the creation of the work. Therefore, it can be enforced in case of infringement without prior registration in UK. Conversely, the other member countries of the Berne Convention require that copyright should be registered to create evidence of original author of the work and the time of creation. This way it assists the courts in deciding copyright infringement cases. In UK, there is no such mandatory requirement to register for enforcement of copyrights in the courts. Likewise, the symbol  © is not required by law in UK to be used on the literary, artistic, musical, cinematographic, records and related rights either. It is understood that these works are copyrighted and protected under CDPA, 1988. On the other hand, there are countries and people in UK who still use symbol  © on their works to show that these are copyrighted works and in case of infringement can be fully enforced against the infringer. The law of copyright protection provides the exclusive protection to the author to make copies of the work, sell or license it and use it for any purpose whatsoever. It provides protection to the broadcasters and singers in the shape of exclusive rights to their broadcasted work to ensure that others do not infringe upon their rights. The law recognizes 50 years of protection to films and cinematographic works from the date of the manufacturing of the work (Copyright Service 2012). Likewise, the copyrights in the broadcast last for 50 years, starting from the end of the calendar year in which the broadcast was first made. The copyright in the work arises automatically... This essay discusses the copyright law of UK and intellectual property rights, that constitute transforming ideas into tangible products and services. The diversity in the ideas that give rise to products and services today, requires that there are different protections available for every different aspect of a product or service. Likewise, the concept of protection of these products and services was highlighted in 1886 and a treaty came into existence titled Berne Convention for the Protection of Copyrights and Artistic Works. It was realized that the intellectual property in the form of literary, musical and artistic works requires protection globally, and all countries which are members of the World Trade Organization shall become members of the Berne Convention. The UK law does not require copyright to be registered as trademarks, designs and patents. A copyright in UK is created automatically with the creation of the work. Therefore, it can be enforced in case of infringement wi thout prior registration in UK. The copyright in the work arises automatically as it is created with the work. It is not mandatory to register a copyright for a work. However, if registered, it can be easily proved in the courts of law in case any instance of infringement has occurred. According to the UK law on copyrights and related rights, the film and TV productions can be entirely covered under copyright protection. The copyright holder can either sell the rights in the film and TV production or license it to others to broadcast it.