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Understanding Risk - Currency Volatility

At first glance, one would think that a countries politics would not affect how businesses operates on a daily basis, but if one were to look at it from a macro perspective, a countries stability in politics actually affects businesses in a major scale. One of the major factors that can affect a business, especially those that outsource globally is the currency volatility. Imagine a business that relies heavily on sourcing its raw materials from a different country and one day out of no where, the currency of the country its buying from increases by 20%, this would become an outright disaster for the company expenses and the company can do nothing to affect this as the prices agreed upon is still the same, because the currency of the country you're from has dropped or the other country currency has continuously become stronger. It is important to note that having a stable currency for your own countries currency is not enough as depending on the country you're buying from, the ...
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SMART Goals

 Specific, Measurable, Attainable, Realistic, and Time-Based Overall Goal: Be rich Specific: Earn enough money so that I can retire and not work for the remainder of my life (Approx $2m AUD) Measurable: Minimum 25% of each paycheck goes to savings Attainable: Get a better job that pays better Realistic: Avoid doing anything that I will regret Time-Based: Start saving now, retire by the age of 40
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How to Speak so That People Want to Listen

  The human voice is a powerful tool that we use on a daily basis, but sometimes people don’t listen or pay attention when you speak. The goal of today is to change some of our habits and implement some exercises and idea to train our voice and get people to listen when we speak.   The most important thing is to understand our speaking habits. There are 7 speaking habits that we may practice that are causing others to not pay attention to us. These 7 habits are gossip, judging, negativity, complaining, excuses, penultimate (exaggeration), and, dogmatism (the confusion of facts with opinions). We can roughly classify all these habits as a negative way of speaking that turns people away from you.   What we should do instead is practice “hail”. Hail stands for honesty, authenticity, integrity, and love. These are all positive way of speaking that not only enriches your way of speaking, but also makes you a better person. Furthermore, we can also improve our way of ...
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My 3 Skills

I’ve developed the ability to pick up new skills and learn new things quickly from my years of experience playing different video games. Throughout the years, I’ve played video games of many different genres and even games of the same genre have many different game mechanics that requires me to learn new ways to approach and complete the game. As with most games, the goal has always been to complete the game in a fast and timely manner honing the various skills and mechanics that I’ve learned for the game.    The reason being a quick learner is important in the workplace and internship is because at the workplace, everyday is different and depending on the situation, we might require skills that we do not posses and being able to pick up the required skills quickly can prove to be beneficial for the company. Furthermore, as most students entering the workforce without prior work experience in the field or for their internship, being able to learn quickly will leave a good ...
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Promotional Strategy

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Retail Store- Apple Outlet Product Chosen - iPhone 1) How does the company create awareness of its product?     Apple does marketing for their lineup of new iPhones through press conferences which are done prior to the release of the product. Besides that, the company creates hype by releasing announcement, trailers, and sneak peaks of the new range of iPhones and markets the latest or newest features to come with the device. Furthermore, the company relies heavily on word of mouth and the spread of information through the use of social media. As Apple is an established company with plenty of loyal followers, not to mention one of the biggest mobile device company in the world, word of mouth is spread easily and so does rumors, allowing the company to basically notify the whole world whenever it releases a new product.   2) How does the company get consumers to try its product?     The product is only available for testing once it is launched. The devi...
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Harmony Day

1.      What is Harmony Day? Harmony Day is a celebration in Australia dedicated on celebrating the culture diversity and is timed on purpose to fall on the same day as the UN International Day for the Elimination of Racial Discrimination. Since 1999, thousands of Harmony Day events have been staged in childcare centres, schools, community groups, churches, businesses, and federal, state, and local government agencies across Australia. It should be noted that Harmony Day is a national observance and not a public holiday in Australia. 2.      What is the "message “of Harmony Day? The main “message” of Harmony Day is to tell its people that “everyone belongs” and to respect one another. The usage of the word harmony has several connotations: amicability, cooperation, understanding; generally positive vibes flow from it. 3.      What is the official colour for the day? Orange is the official colour of Harmony Day. Australians can choose...
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It's Your Favorite Blogpost, Maybe

The most useful electronic gadget I own The most useful electronic gadget that I own is my mobile device. It is by far the most used device I own, where I used it on a daily basis and for multiple hours a day. Some of the main functions that I mainly use are the ebook reader that I've downloaded through the app store, the social media apps to connect with the people I know, and the music player because life is too dull without entertainment. There are many other things you can do with a mobile device as well, such as writing this very blog that I am not using my mobile device to write on because that would be a pain. Of course all of this would not be available without connection to the internet, so one can say that it is equally important.
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