Thursday, December 26, 2019

The Key Literacy Skills That Have A Comprehensive...

The discipline of history requires students to have a comprehensive knowledge of literacy in order to understand the elements of texts, how and why they were created, and how to construct arguments in an academically correct format. There are two key literacy skills that students need master in order to be successful in a history discipline class: the ability to analyse and evaluate sources and the ability to correctly structure academic arguments. While these understandings are ultimately skill based learning, I believe that students firstly require direct instruction and scaffolding to be able to navigate through academically appropriate concepts and ways of working. Throughout the unit plan, there is allocated lesson time for clear and direct literacy instruction, with the inclusion of guided activities and practice. The unit plan was created for Year 10 History students studying World War II. It is important, that students at this stage of their education understand how to implem ent the literacy skills of the discipline so that their choice of whether or not to continue their education in the field of history is an informed one. Throughout the unit, the literacy learning that is used to aid students in developing well rounded literacies in a history discourse includes: analysing and evaluating sources as an extension from the students knowledge of the aspects that make up all texts according to the four resources model; an understanding and development of the skill ofShow MoreRelatedAn Comprehensive Literacy Instruction Is Essential And Paints The Picture For A Child s Success806 Words   |  4 Pagesin society. A teacher’s literacy instruction provides children with the needed skills to be fluent in reading, writing, phonemic awareness, and math. Phonics and phonemic awareness also help with reading comprehension. Preparing a child for fluency and comprehension means doing the basics and leading up to the high expected skills. Each step in developi ng reading and writing is built off the other; for example, cause and effect. What is an affective comprehensive literacy instruction? Is one betterRead MoreI Have Chosen To Address The Board Of Education In The1507 Words   |  7 PagesI have chosen to address the Board of Education in the State of Tennessee, regarding the topic of practical education courses being taught in public schools. I have chosen to address only the state of Tennessee for reasons of simplicity. I believe that it would be too broad scale and much too difficult to address each state board individually, regarding their education standards because each state has their own set of diverse education requirements. Although I would ideally like every state to teachRead MoreImproving A Sound Literacy Curriculum861 Words   |  4 Pagessomething I have been struggling with the past two years at my current institution. I am currently teaching at a school without any curriculum in place, hence, I was challenged to fin d a balanced and comprehensive literacy program that was also rigorous. However, I realized that having a sound literacy curriculum could be jeopardized by the delivery of instruction (Bean, 2011). Therefore, I have decided to further research the International Literacy Association’s, Reading Specialists/Literacy Coach 2010Read MoreThe Importance Of Becoming Literate As An Effective Language Arts Program1432 Words   |  6 Pagesâ€Å"Literacy unlocks the door to learning throughout life, is essential to development and health, and opens the way for democratic participation and active citizenship.† Kofi Annan Former UN Secretary General Kofi Annan once described literacy as the key to lifelong learning. The concept of becoming literate has become a key trait that needs to be developed worldwide. Teachers are now looked upon as teachers of literacy, no longer teachers of reading. The strong need for literacy awareness has influencedRead MoreA Journey Through The Valley Of Literacy Coaching Essay1186 Words   |  5 Pagesthrough the valley of literacy coaching. Before, enrolling in this program, I was apprehensive and unsure of how I would balance work, school, and home, but somehow I managed. I am roughly, two semesters away from my goal and anxiously awaiting everything to come in to fruition. Over the past two years, I have gained a great deal of knowledge and I have expanded my teacher tool-box. Focusing on adult learning, organizational change, professional development and school culture; I have learned the rolesRead MoreNursess Promotion Of Health Literacy Using Theories1706 Words   |  7 PagesPromotion of Health Literacy Using Theories Health literacy has been a problem with our patients. The most vulnerable populations are the elderly, people with low-income levels, those with limited education, non-native speakers of English, those with chronic mental and physical health conditions, minority, and immigrant populations. Nurses have a great role in helping our patients succeed in understanding their health conditions. Nurses can be of great help in promoting health literacy. Sykes, WillsRead MoreImportance Of Graduate Standard 2946 Words   |  4 Pagesevidence supporting my knowledge and professional experience about this standard. 2.1 Content and teaching strategies of the teaching area Aside from knowing the children and how they learn, knowing the content and how to teach it is a huge part of teaching. Content knowledge is something which I am very familiar with – much of the required content is covered in subject study and some educational readings, and other while on practice itself. Over the course of my degree I have come to learn the contentRead MoreThe Importance Of Adult Education As An Academic Discipline800 Words   |  4 PagesIntroduction In today’s knowledge-based society and economy, education, in particular continuing education, is one of the key elements for stable and well-paying jobs as technology and information continue to evolve. This fact sheds light on the importance of adult education as an academic discipline, which brings about learning to gain new forms of knowledge, skills, and/or values, in particular in a broader context. In particular, the results of Programme for the International Assessment of AdultRead MoreAeronautical Science Capstone Essay2224 Words   |  9 PagesCapstone Course Comprehensive Examination Proposal Ricky Nelson Embry-Riddle Aeronautical University ASCI 490 Aeronautical Science Capstone Course (Proposal) Submitted to the Worldwide Campus In Partial Fulfillment of the Requirements of the Degree of Bachelor of Science in Aeronautics Abstract The purpose of this exam is to provide the pertinent questions and research needed to develop a small airport from a management prospective and demonstrate knowledge learned atRead MoreAs Many Of You School Administrators Know, Technology Impacts1174 Words   |  5 Pagesconstantly influences students. Many of my students are media inclined; they are familiar with how to manipulate cellular devices, maneuver video games, how to access YouTube, and other media related things. Herrington and Emmans suggests a media literacy curriculum to redirect â€Å"one of the most powerful influences in the lives of today’s youth,† without it educators and other important figures would lose children’s interest (2002). Per Pat Kipping, the design of media education is to create â€Å"good

Wednesday, December 18, 2019

Evolution of Health Care Information Systems - 1196 Words

Evolution of Health Care Information Systems Health Information Systems HCS/533 April 21, 2013 Evolution of Health Care Information Systems The evolution of the health care information systems (HCIS) since 20 years ago had a profound impact in how health care is deliver today. In the mid-60’s health care information system began its history with President Lyndon Johnson signing of the law that provides medical coverage to the poor, the elderly, and the people with long-term disabilities through Medicare and Medicaid programs. This revolution brought along the Computer system technology to speed the billing and reimbursement from Medicare and Medicaid. The health care system notice the necessity to improve the billing process†¦show more content†¦Similar to any other industries, the nature of healthcare industry has changed over time from a relatively stable industry to a dynamic one. And health information systems have evolved through several different technologies† (Almunawar amp; Anshari, 2011, p. 1) 20 years ago these technologies did not exist in many hospitals and organizations including the Veteran Hospital Administration for that reason many hospital suffered multiple medical errors, loss of documentations, time consuming for providers and staff at the time of updating patient’s document records, more workload, unable to make reports, the collecting of data was poor, and decreasing hospital revenues. The majority of health care documents 20 years ago including the Veteran Hospital Administration were hand-written with carbon copy to be store or send to pharmacy for prescriptions. In the Mid 60’s the Veteran Hospital Administration was using paper based documentation and medication cards making the billing process difficult and increasing the workload. In the past the roles of computers in the health care industry was marginal, and normally use just for administrative and human resources purposes. Two major events that influenced current health care information systems was the implementation of the health information technology (HIT) and electronicShow MoreRelatedEssay on Evolution of Health Care Information Systems1299 Words   |  6 PagesEvolution of Health Care Information Systems Dimetria Major HCS/533 March 29, 2013 Suzie Mays Evolution of Health Care Information System Health care has come a long way in technology for the past, implementing new technology has made the health care industry grow in size. Major events of health care have paved the way for future technologies influence the physicians, administrators, clinicians, andRead MoreCurrent Historical Trends Involving The Evolution Of Health Information System And Respective Health Care Environments1112 Words   |  5 Pagesseveral decades, health care and information technology have undergone a period of dramatic change caused by a multitude of pressures and opportunities, many of which continue to persist and evolve. As we have moved into globalization of communication, technology, and information, Health Information Systems need to reflect what is happening to ensure optimal use of clinical information. In 2-3 (full) pages, discuss key historical trends involving the evolution of Health Information System and respectiveRead MoreAnnotated Bibliography : Robotic Surgical Training808 Words   |  4 Pageswould be in real surgeries. Conklin, T. P. (2002, Fall). Health Care in the United States: An Evolving System. Michigan Family Review, 07(), 5-17. Retrieved from http://quod.lib.umich.edu/m/mfr/4919087.0007.102/--health-care-in-the-united-states-an-evolving-system?rgn=main;view=fulltext This periodical is good because it breaks the information down into areas of discussion. The areas are What are the Factors Driving the Change?, How Has Health Care Delivery Changed?, How are the Changes Impacting FamiliesRead MoreThe Evolution Of Health Information Systems885 Words   |  4 PagesHealth information systems are continuously evolving as both technology and information grow. Information, and information exchange are crucial aspects of health care delivery. To ensure quality of delivery, health care organizations must have access to tools and technology for the continuous growth of information, and knowledge. Historical trends that impact the evolution of health information will be discussed. As well as clinical information systems and applications that improve comprehensiveRead MoreThe Success And Viability Of U.s. Healthcare1170 Words   |  5 Pagesprovide high-quality care. According to Buttell, Hendler, Daley, the concept of healthcare quality involves deliveri ng services that increase the likelihood of improved health outcomes for both patients and populations, utilizes the most up-to-date professional knowledge, and meets and/or exceeds the expectations of consumers and payers (2007). This paper will provide a brief overview of the history of quality movement, outline key characteristics involved in quality evolution, discuss process improvementRead MoreExamination of Health Care Facilities Over a 20-Year Span1264 Words   |  5 PagesExploring the Evolution of HCIS over the Past Two Decades It is true that information and information exchange are crucial to the delivery of care on all levels of the health care delivery system the patient, the care team, the health care organization, and the encompassing political-economic environment (Reid et al., 2013, p 63). Information systems play a huge role in health care in the contemporary context, although they had a much more limited role in the past, and even twenty years ago HCISRead MoreHow Has Public Health Healthcare Improved Public Healthcare Services For Americans Over The Last Two Decades?1122 Words   |  5 PagesHow has public health informatics improved public health and public health services offered to Americans over the last two decades? In America, on the state, federal and local Public health organizations use informatics widely. Especially the federal government, most of their research is centered on informatics science and digital technology that will have a great influence on public health. Public health informatics has improved public health and public health services offered to AmericansRead MoreThe Evolution Of Health Care861 Words   |  4 PagesThe evolution of health care has influenced current health care systems using insurance companies in a number of ways. This evolution started almost a decade ago when there was need to transform the organization of health care system. Retail clinics have emerged to offer routine preventative and acute care services by non-physician providers, with predictable wait times, more convenient venues, and more obtainable prices. This article evaluates the evolution of the health care system and examinesRead MoreThe Evolution Of Healthcare During The United States Es say1249 Words   |  5 Pagesindustry that has representation from both public sector and private sector. The current health care system is segregated and fragmented in America. Some states have very effective and efficient healthcare system while some states lack the desired infrastructure. The evolution of healthcare system in USA can be traced back to 1750. The period from 1750 to 1849 is termed as preindustrial period where the care of sick people was primarily handled by families (Brian, 2010). The period of 1850 to 1969Read MoreConversion to Electronic Health Records Essay1039 Words   |  5 Pagesexciting time to become part of the health care industry! Medical research makes new discoveries to improve the quality of patient care and save lives on a daily basis. Health care reform is gaining momentum, revolutionizing the industry and requiring many administrative changes, such as the creation of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). Rules and standards evolved from this act provide a way to ensure your protected health information remains confidential. In this

Tuesday, December 10, 2019

Ballots and Protected Industrial Action †MyAssignmenthelp.com

Question: Discuss about the Ballots and Protected Industrial Action. Answer: Introduction: Fair Work Australia inspects classes of workforces in smearing the BOOT. Fair Work Australia assumes that in the nonexistence of proof to the conflicting, a reward covered worker will be Better Off overall if their class of workforce will be better off overall in contrast to the pertinent recent reward. The better off overall test is an instance test that entails each honor secured representative and forthcoming honor secured worker to be in an ideal condition by and large at the test time. This examination is applied by the The Australian Fair Work Commission Commission while determining whether it should approve a projected enterprise contract test that Fair Work Commission utilizes for assessing listed agreements in contradiction of rewards. The listed agreement is compared to the pertinent award for the purpose of ensuring the worker is Better Off overall under the registered contract in order for it to be permitted. The aim of the report is to reveal the benefit of BOOT with significant study on BOOT and consider Coles, a super market company where BOOT is use. Scope of BOOT This assessment is centered on the pertinent modern reward which covers workers that will be covered by the projected project contract. It entails each reward-covered worker and every probable award-covered worker needs to be Better Off under the contract than they would if the pertinent modern reward useful to them. The BOOT lets reward condition (not National Employment Standards conditions) to be operated off or excluded providing the whole salary and/or benefits acknowledged by the worker leave them better-off than if the situations remained identical (James and Ombudsman 2015). The interest was maintained on two bases, one being that the Magistrate neglected to appropriately apply the BOOT. In resulting in these present circumstances choice, the Commissioner noticed that the Magistrate recognized arrangements of the Assention that were more helpful and arrangements that were less advantageous than the important honor. The Chief did not be that as it may, clarify how the less useful arrangements exceeded those that were more helpful in the Assention. The Full Seat expressed that Official was in blunder by adopting a line by line strategy to applying the BOOT as opposed to a worldwide approach (Ahmed, Ahmad and Joarder 2016). The Chief was additionally observed to be in mistake by choosing that the arrangements allowing conclusions from wages was an "insuperable obstruction to endorsement". Albeit unlawful terms must not be incorporated into big business understandings, the arrangement with respect to derivation from wages was not observed to be an unlawful term. The Full Seat found that subsequently of these two mistakes, the Understanding was not legitimately surveyed by the Magistrate and in this way the interest was maintained, the choice subdued and AKN's application for endorsement of the Consent to be re-listened. Enterprise Bargaining Agreement (EBA) It is a type of agreement that gets permitted by Fair Work Australia between an company and its staff. The EBA is obligatory on the parties to the accord for the time specific usually between two to four years. EBAs planned employment conditions for a specific group of workers. Such agreements take priority over any reward requirements, however have to meet the terms with the National Employment Standards (NES) needs to cause the workers being Better Off Overall than if they were being remunerated severely as per the Award (as knows as the BOOT test). Following are the negotiation and approval steps for of the EBA: Conducting the BOOT examination: for every worker, their employment environment as well as pay rates contained in the EBA should satisfy the Better Off Overall Test (BOOT) at the time of comparing with the Modern reward (Townsend, Wilkinson and Burgess 2013). Setting up the EBA to present it to the workers Offering official notice to workers to make them understand that the employer wants to initiate the bargaining procedure. The union should also need to be notified at the same time. The employer is supposed to organize and conduct bargaining meetings and making changes to EBA draft as per the requirement. The employer is supposed to organize for voting on EBA to make sure notice and other time-frames are complied. This approval entails agreement of the majority. The employer is supposed to lodge EBA along with the The Australian Fair Work Commission Commission (FWC) and reply to any requirements made by the FWC. PROS of BOOT For employers, the EBA can provide a considerably more straightforward structure to compensate its representatives when compared with the firm utilization of the important modern awards. In several working condition, there exists more than one admiration which applies to council, yet even when there exists no case of understanding as well as usage of present day admiration can be unpredictable as well as tedious for managers. An EBA is a rationalize this procedure through joining extra time, rates of punishment, remittances as well as other admiration qualifications into base rate that is payable for the representatives as designate by their level of arrangement under the honor. It additionally entails every single representative just give duplicate of EBA, and no requirement for individual contract of work. (Creighton et al. 2015). The transaction of an EBA provides the chance for tailoring the consent for particular requirements of business. This method likewise guarantees results in assention within the groups in the matter of what's in store from each other. There also exists insurance from modern activity in the middle of ostensible existence of EBA. For workers, there is a confirmation that the terms of the EBA setting them in a place which is Generally which is in an ideal situation" than if they were salaried wholly as indicated by the major contemporary award. Fair Work Australia will never confirm an EBA till the BOOT is fulfilled, which puts the representative in a higher position. The dealing procedure of an EBA additionally gives representatives the possibility to consolidate and to all things considered contract on the understanding conditions, every now and then with the help of union representation. It can be a great deal and much more useful procedure compared to an individual worker trying to figure out conditions directly with the organization. For companies, the key disadvantage is the time and charges need to arrange the EBA and for experiencing the approval procedure with Fair Work Australia. There is a firm process and duration which needs to be considered and any incapability to resemble these have the possibility to bring about EBA dismissal. BOOT for the company Coles Coles smeared to the Fair Work Commission in the middle of the year 2015 for the purpose of approving its proposed enterprise contract. The Projected Contract was supposed to swap a few prevailing contracts and would cover more than 7,700 workers that was working under its hood. Over 36,000 workers joined to vote and nearly 33,000 casted vote in favor of creation of the Contract. At initial instance, the Proposed Contract was permitted on the basis that Coles provided activities to point trepidations asked by the Commission on the BOOT (together with in relation to the casual filling and percentage pay amount for team members who were 17 and 18 years old). That specific verdict was enticed by a single worker and separately by the AMIEU in the month of April 2016. The subject to be resolute by the Commission Full Bench was whether the Contract passed the BOOT. Under the Fair Work Act 2009 (Cth), a venture assention will pass the BOOT only if the Commission is totally fulfilled, at the time of the test, each of the Better Off workers, and each imminent Better Off representative, would be in a perfect situation if the understanding secured the worker than if the applicable modern award protected them. This test includes distinguishing terms in the understanding which are more useful for a worker, terms which are less advantageous for a representative, and a common appraisal of whether a worker would be in proper circumstances under the assention. Methodology adopted by the Full Bench to Coles' Projected Contract Coles' Anticipated Contract delivered for a much better per hour charge compared to the pertinent reward rate, but applied a lower price compensation for late afternoon, weekends as well as public holidays. By this way, the Full Bench witnessed the following: "The more hours that are worked during times when the Agreement rates are higher, the better off an worker will be"; "Conversely, the more hours worked when the Award rates are higher, the worse off the worker will be compared to the Award"; and consequently "If an worker works predominantly at nights or on weekends the higher base rate under the Agreement will be counterbalanced by lower penalties payable under the Agreement at these times." While evaluating whether workers would be improved off under the Projected Contract, the Full Bench well-thought-out the following: rosters and income examinations for workers taking a shot at genuine programs at two specific Coles' stores which the Full Seat said were "by and large illustrative of working conditions and rostering hones at most Coles stores" (taking note of that different lists would just should be considered if the Full Seat held that representatives working under these specific store lists all passed the BOOT); and seven representatives (who seemed, by all accounts, to be the most distraught on a wages premise as a result of the specific hours that they were rostered to work) for the reasons for a more comprehensive investigation (Roth et al. 2014) The Full Bench detained that the Planned Contract unsuccessful to pass the BOOT. It was discovered by the Commission that for certain workers (mostly part-time and casual ones) that work mainly from time to time that entices lower forfeit rates under the Projected Agreement when matched to the Reward: the loss in money related terms was possibly critical; and the different advantages in the Understanding, when contrasted with the Honor, did not compensate for this deficiency. In achieving this choice, the Full Seat made various discoveries, including that: based on an immediate wage correlation for the chose workers, the resultant effect of the Proposed Assention was a yearly misfortune for each of the chose representatives of amongst $142 and $3,506; while wage increments accessible under the Proposed Understanding were a pertinent thought, just restricted record ought to be taken of them in light of the fact that not all workers at test time would stay in work amid the whole time of the Proposed Assention; limited esteem could be ascribed to different advantages under the Proposed Understanding, for example, pre-endorsed leave courses of action, blood giver leave and guard benefit leave since they are not really gotten by all workers (counting since they are dependent upon a representative's decision); similarly, different advantages, for example, mischance cosmetics pay, carer's depart, humane leave, crisis administrations leave, cataclysmic event leave and excess pay are dependent upon the conditions that may happen and subsequently their take up is very probably not going to be all inclusive or uniform. The Full Bench stated that "it should not be assumed that all workers suffer a disadvantage or that disadvantages are limited to these [selected] examples", however it continued to state that "the evidence before the Commission focused, appropriately in our view, on those workers who were likely to be among those most adversely affected". Coles declined to deliver additional activities which the Full Bench supposed could remedy the deficits documented in passing the BOOT and as an alternative, has been subject to important industrial burden since the Full Bench verdict in the form of trade action and applications to dismiss the prevailing enterprise contract of 2011. What did employers learnt For several companies, the time and price linked with discussing about a new enterprise contract can be substantial. This case consequently highlights the significance of safeguarding that relations you've exchanged result in each worker and not just the majority of workers being Better Off overall than under the appropriate reward. The decision makes it clear that the method sometimes taken by workers as well as unions of providing aids to the most of the workers to the loss of specific smaller workers groups may result in a contract deteriorating to permit the BOOT. Recommendation of BOOT The Australian Fair Work Commission (FWC) has terminated a request by HM for the purpose of supporting their 2016 enterprise contract on the foundation that it did not accomplish the Better Off Overall Test. The verdict, managed by FWC deputy president Geoffrey Bull conveyed the conclusion to a protracted argument about the assention amongst HM and the Shop, Distributive and United Representatives' Affiliation (SDA) and in addition Josh Cullinan, who directs the unregistered Retail and Fast Food Laborers Union (RAFFWU). As indicated by the application of endorsement, an examination total of fifty arbitrarily selected unconcerned programs by the SDA revealed that only two out of fifty employees were more regrettable off contrasted with the award under the assertion. The crucial cases made by the SDA acknowledged with the lack of an extra time provison in the assertion and the capability of HM to train employees on every Sundays; however the award provides that an excessive of three Sundays in four might be roistered. Additionally, the SDA showed further reservations related to underprovided recess periods, and working hours being here at the midpoint for guaranteeing that council were not making a request for the purpose of taking a shot on working days nighttimes and holidays. Cullinan was pleased while stating that that the forfeit loss rates on workdays nights and Saturdays and a lesser forfeit amount on Sunday leaves several workers worse off than the reward. As per Cullinan, any non-casual worker who is working over 60 percent of their working hours after 6pm on any weekday or Saturday needs to be off than the reward under the contract. Therefore, HM offered that the assention left waged representatives generally better-off in view of the fact that it indebted them to undertake slightest compensations for all hours worked met the reward and included additional benefits, e.g. comparatively longer recess breaks, parental leave, volunteer leave and expanded notice period to name a few. HM likewise said that their own interior inquiry showed that the most notable weekly rate of hours worked by a representative was 51.9 for every penny. National secretary of SDA, Gerard Dwyer said that his interest for restoring arrangements with HM in the basis of another perceptive. "The SDA now looks for the chance to arrange a concurrence with HM that contains reasonable pay and working conditions and consents to the states of the FWC's BOOT test," he said. The head of Australian Retailers Affiliation, Russell Zimmerman have no interest to comment on individual cases, but rather exposed to Inside Retail that situations are reaching to a certain point where Australian retailers are assuming that it is becoming very difficult to contend with their allies established in the U.S. and U.K. Zimmerman showed that the types in government business enterprise dealing report discharged in the Q1 of 2016 revealed that in 2013, there were 1,248 business enterprise dealings compared to with only 263 in 2016. Reference List Townsend, K., Wilkinson, A. and Burgess, J., 2013. Is enterprise bargaining still a better way of working?.Journal of Industrial Relations,55(1), pp.100-117. James, N. and Ombudsman, F.W., 2015. Commonwealth of Australia. Creighton, B., Denvir, C., Johnstone, R., and McCrystal, S., 2016. Protected Action Ballots and Protected Industrial Action Under the Fair Work Act: The Impact of Ballot Procedures on Enterprise Bargaining ProcessesMethodological Approach. Ahmed, S., Ahmad, F.B. and Joarder, M.H.R., 2016. HRM Practices-Engagement-Performance Relationships: A Conceptual Framework for RMG Sector in Developing Economy.Mediterranean Journal of Social Sciences,7(4), p.87. Roth, M., Buishand, T.A., Jongbloed, G., Tank, A.K. and Van Zanten, J.H., 2014. Projections of precipitation extremes based on a regional, non-stationary peaks-over-threshold approach: A case study for the Netherlands and north-western Germany.Weather and Climate Extremes,4, pp.1-10.

Monday, December 2, 2019

Ferrari Case Study Essay Example

Ferrari Case Study Paper Case Study #3 Having an item that has a brand name has always been highly looked upon. Someone having a Ferrari would be looked at as being more wealthy or successful than someone driving a Buick, although that may not be true. The problem with brand name items is that they are very costly. This is exceptionally noticeable with the brand Ferrari due to the fact that most of their cars sell for over $200,000. Companies need brand recognition but need to get out there in a way that is affordable to their customers, which is exactly what Ferrari did. Ferarri took the initiative of selling their brand through products other than just their cars. The company started a line of different merchandise through brand extension. This was very good for the company, it made the average person feel as though they could be a part of Ferrari without having to have the money to spend on a car. With brand extension the company had a sales revenue of $725 million. There is not much more than the company can do, besides continuing to put their customers first. Ferrari has decided to expand through a theme park in Abu Dhabi. This is a similar move to what Walt Disney Company did when they opened Euro Disney outside of Paris. We will write a custom essay sample on Ferrari Case Study specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Ferrari Case Study specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Ferrari Case Study specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The fallback for Euro Disney was that they did not make a profit until three years after the theme park was opened. A way that Ferrari can make a better move than Disney did is to make sure that they have enough profit from other types of expansions before they decide to actually open the theme park, which is now open and running smoothly. If you go into a business transaction with the money needed, then you will make profit right away. Now that their theme park is open, they just need to keep up with their brand extensions and keep moving to become a better, higher quality, unique company. In conclusion, when running a company you need to be aware of the things that are going on all around you. Not only locally, but globally as well. The way that people live in one country is always going to be different than the way things are done in another country. Adjusting to your customers needs is the best thing that a company can do for itself. If a customer can’t afford your product than you are not going to be successful in the business world. People always want to be a part of something, and Ferrari gave their customers the chance to be a part of them, while keeping in mind the different budgets that each customer had.