Mexican American Women from a Divorced Single Parent Household - Free Essay Example

Abstract The paper reviews the attitudes of Mexican American women who have been raised by a divorced single parent. In order to have a better understanding of the family dynamics of Mexican Americans its important to understand the major influences that shape their attitude towards marriage. For the purpose of the study two Mexican American women raised by a single divorced parent were part of the convenience sample, in which they each par took in a fifteen-minute interview. The interviewer asked questions in regards to what has played a role towards their attitudes on marriage. Based on the results it was found that the major themes that influences the participants attitudes on marriage where personal experiences with marriage, gender, and religious beliefs. On the basis that one of the participant was a mother and the other was not, further studies would need to find if that in itself had a huge outcome in the difference of opinions that each participant shared. Introduction Attitudes toward marriage can be influenced one way or another by the marital status of ones parents. In this particular study we are looking at Mexican American women raised by a divorced single parent. It is important to understand how these womens attitudes and views toward the institution of marriage are formed because it helps understand the family dynamics that are being formed in our society today. Data from 2006 showed a 27.5 percent of first marriages among Mexican-American women ended within 10 years, 13.1 percent of foreign-born Mexican womens marriages end in separation or divorce, compared to 41 percent of U.S. born Mexican womens marriages (Hart, 2006) Statistics show that Mexican Americans are having a rise in divorce and do not maintain married like their ancestries once did. In (Ellison, Wolfinger, Ramos-Wada, (2013) article, the authors report Latinos embrace comparatively strong prenuptial norms, tending to view marriage as far more desirable than being single. Their studies support research that shows that Among U.S. Latinos [Catholicism] has long exerted a wide influence over Latino culture and family (Ellison, Wolfinger, Ramos-Wada, 2013). However, additional factors such as the level of practice individuals have in their faith and how literal they take the Bibles sayings, influences the level of conservative views and attitudes toward marriage and acceptance toward prenuptial cohabitation relations. The article touches on the fact that those being studied might only be associating with religion automatically because they see it as being part of their culture, not necessarily because their views and attitudes are aligned with its teachings and practices. ; further research would have to focus on the actual religious practices of those being interv iewed.[B1]The research orchestrated in the (Oropesa, 1996) article, raises factors, such as socioeconomic status, culture, religion and family background to analyze the incentives Mexican Americans perceive in getting married or have prenuptial cohabitation relationships. The data reflects that the typical Mexican American agrees that it is better to get married than remain single (Oropesa, 1996). There is a great support for marriage among Mexican Americans and acceptance of cohabitation specially when the intention for it to lead towards marriage, exists. The data in her research reflects that The relatively strong normative beliefs in marriage among Mexican Americans cannot be attributed to socioeconomic factors, family background, demographic behavior, or attitudes. (Oropesa, 1996). In order to find what truly gives incentive to the views and attitudes that participants have toward the institution of marriage, the research paper aims to investigate how a participants personal ex periences with marriage in their life, gender and religious beliefs influence these views. Finally, a more recent study focuses on the effects that parental divorce has on the attitudes that young adults have toward divorce; on the flip side, the results are very telling of the views and attitudes that these same young adults have toward the institution of marriage (Branch-Harris Cox, 2015). Young adults who experienced divorce during childhood supported divorce and reported a lower level of marital commitment. This study is important because college students are at the age when they are making decisions regarding their future and are often making decisions about their future family and marriage (Branch-Harris Cox, 2015). These types of studies give insight to the modern day adult and their thought processes behind marriage and their own family creation; all influenced by their personal experience with marriage through their parents. Currently, there arent any studies that focus s olely on Mexican American women and how their views and attitudes toward the institution of marriage might be influenced by the marital status of their parents. This is why I have focused my research question on the following: What are the views and attitudes of Mexican American women, toward the institution of marriage, having been raised by a divorced single parent. Methods In order to obtain a qualitative study on the attitudes of marriage, from Mexican American women who were raised by a divorced single parent, I had to conducted two qualitative interviews. The convenience sample selection was based on the criteria of having Mexican heritage but born in the U.S., raised by a divorced single parent and lastly they had to be females. Both interviews ran 15 minutes long and the same questions were asked each time. After recording and transcribing the interviews I chose the themes based on the questions that had more insight on how their attitudes on marriage have been shaped. The themes focused on the following, personal experiences with marriage, gender differences, and religious beliefs. Although both interviews were conducted by the same person and the same questionnaire was used, I shared more about the study in the first interview. In the second interview I thought it was best to limit the information about the study because it kept the questions and focus on just the attitudes on marriage. The questions used during the interviews are the following: Research Questions Tell me some experiences that have shaped your attitudes about marriage? Describe how your perception on marriage might have changed if your parents remained married? In what ways do your religious beliefs influence your attitudes on marriage? Tell me how culture played a part in shaping in your attitudes on marriage? How do you think gender influences attitudes towards marriage? What are your thoughts about cohabitating before marriage? What are your thoughts on remarriage? What is your perception on arranged marriages?[B3] Since the study uses human participation, IRB approval is required to ensure that there is little to no harm towards to the participants. In addition, participants were informed of the study and required to sign a consent form prior to the beginning[B4] of the interview. Results A huge factor that is seen as a major influence towards the attitudes of marriage is being raised by a divorced single parent, however both participants claimed that if their parents remained married theyd still have the same views they have now. Participant 1 claims that if they (parents) remained married, I think my attitude would still be how it is now. Similar to the first response, participant 2 said I think I would still think the way that I do now but I would be a little more optimistic. Participants shared some of their experiences on marriage and family which have had more of influence on their attitudes, than that of being raised by a divorced single parent. For instance, Participant 1 feels that having a family of her own has had had a bigger impact on her beliefs and attitudes on marriage than the way she was brought up. As for participant 2, she believed that being observant of other relationships has had an impact towards her attitudes of marriage. However, there are ma ny other factors such as religion, culture, and gender that shape us differently and have influences towards the attitudes of marriage. Throughout the years we have seen a lot gender inequality, and gender still impacts a lot of attitudes and beliefs people have. Both participants believed that gender does play huge role in how it shapes ones attitudes towards marriage. Participant 1 feels that, with women it is expected of the females I feel that we were all trained as little babies to grow up, and to look forward to a wedding. From a very young age women have had a bigger exposure to the idea of marriage than men. The biggest advertisement of marriage is seen in all the princess fairytales about meeting prince charming, getting married and living happily ever after. Participant 2 thinks, society in general teaches women how to like start thinking about marriage at an earlier age than they do with men youre a little girl and you see these princesses getting married and you want to be like them I think it is definitely something that is more advertised more towards females and out in their minds. As for men, marriage isnt something that is really talked about. They dont really think about it until they reach adulthood and are in committed relationships. Marriage is seen and introduced in different ways and times based on the gender and those differences form different attitudes as well. Religion has also been known to have a huge influence in the Hispanic community and their beliefs on marriage, but in recent years there has been a rise in premarital sex and cohabitation before marriage. When asked about religious beliefs having an influence of their attitudes on marriage, and how they felt about cohabitation both participants had different opinions in both matters. However, from asking both questions I came to a conclusion that they believed in marriage whether it is done so through the church or by civil matrimony. Participant 1 feels marriage is important and that there are exceptions towards marriage, although she doesnt agree with it completely she thinks couples should, take the time to take that vow, even if its not by church, if its just in paper, it makes you that much more afraid to break the contract. As for participant 2, she felt cohabitating is an experience that helps you learn more about your partner know if youre ready to take the next step towards marriage. Im not as religious as I use to be. But I still believe in marriage just as much as I use to. Ultimately it can be said that both participant might have had different factors that influenced their marriage attitudes but they still hold a strong value to marriage. Discussion Forming Qqualitative interviews allow us to have a better understanding on what factors have or have not had a major impact on peoples attitudes towards marriage. Existing literature reports that when parents divorce, their children will tend to inherit the same attitudes toward marriage; sometimes making them more prone to having their marriages end in the same way (Branch-Harris, 2015). Although in this study both participants experienced divorce by being raised by a divorced single parent, marriage still held a high value for them. Implications suggest that becoming a parent, as one of the participants is, was a major factor in the participants Limitations found during the study, was that because the criteria were very specific it limited the number of people that could participate in the interview. opposing views and how it influenced their attitudes on marriage. Such findings could lead further interviews in which comparisons can be made between results from participants that ar e parents themselves, and those that are not. Limitations found during the study included the small number of participants in the study, limited number of questions and most importantly, the specificity of the criteria used to select the participants interviewed; it affected the number of participants available to me for the study. Although this study focused on participants raised by a divorced single parent, future studies can expand on what the results would be when participants were raised by single parents that have never married or a widowed single parent. Future directions deriving from the study presented, should include the replication of the same study applied to male participants and well as participants of other ethnicities, and study how their personal experiences, gender and religious beliefs, influence their attitudes toward marriage.

Effective Preparation For Business Presentation - 844 Words

In the book Effective Preparation for Business Presentation, the author Dr. Jeff Lewis provides excellent guidelines and his personal success tips to prepare business presentations. The book consists of five chapters each building on one another. Dr. Lewis describes details in each chapter focusing on effective communication through presentations. This paper attempts to show the key takeaways from each chapter of the book. The first chapter titled â€Å"Importance of Communicating Well† emphasizes on why it is important to communicate properly. Communication is one of the key skills for any success in life, whether it is in a relationship, in a workplace or in any aspect of life. It also helps understand others, learn new skills, and boost career and employability. In fact, nowadays communication has become so vital that employers list this as the main job requirement in all job postings. This shows that a graduate who has developed some skills in communication is more employable than others who did not. The chapter also provides important steps and models for planning and preparing business presentation. And finally, Dr. Lewis writes, â€Å"you know when you are ready when you have practiced the verbal and non-verbal elements of your message†(P. 23). This shows that perfection comes from preparation and practice. Another major takeaway from the first chapter is the communication model, which consists of eight essential components: sender has the idea (message), audience analysis,Show MoreRelatedBusiness Communication Paper1081 Words   |  5 PagesAudience Analysis Paper COM/285 Katrice Bottoms October 28, 2010 Prof. Stella Kalfas Audience Analysis Communication in the business world must be effective for a company to strive in a competitive market. Miller Company has called an in person meeting with a group of stakeholders including managers, salespeople, and customers to discuss quarterly sales information. To communicate effectively with the internal and external audience’s, an audience analysis mustRead MoreEffective Training Sessions Essay1269 Words   |  6 PagesTraining sessions aim to develop one’s skills and knowledge on a particular topic, usually to benefit their job performance (Hubbard, 2004, p. 124). Preparation is the inevitably one of the first stages of training sessions. According to Polonsky and Waller (2004) â€Å"effective presentations, academic or business require preparation† (p. 432). This stage can be separated into three subcategories, forming, storming and norming. Yeung (2000) defines forming as when the team assembled and storming beingRead MoreMarketing Analysis : Sales Management1028 Words   |  5 Pagesbe broken down into seven steps: preparation, prospecting, approach, presentation, overcoming objections, closing, and follow-up. Preparation covers everything that needs to be done before interacting with a potential customer. This involves not only knowing your products but your competitors as well. In addition to this, you will need to develop a sales presentation tailored to your potential client’s needs and wants. Some would put prospecting ahead of preparation, but experience has taught me thatRead MorePoints to Consider When Giving a Speech Essay947 Words   |  4 Pagesneeds to be given adequate consideration during the preparation of a speech. Once the introduction is completed I believe the audience subconsciously demands that the body of the speech is well organized and informative. This is important to ensure that the audience stays engaged in the presentation. Although I believe I did a decent job in my introduction speech, I now know which areas I need to work on in the body to make the presentation more complete. After reading Chapter 8 of The Art ofRead MoreRecruitment and Diversity Enhances Customer Essay788 Words   |  4 Pages(Point 2) Organisation Benefits of attracting and retaining a diverse workforce: An increasing number of companies are realising the benefits of having a diverse workforce and as a result are incorporating equality and diversity objectives in their business strategies. Diversity is a widely-used concept which refers to visible and non–visible differences between individuals. There are six main strands of diversity: race, gender, disability, sexual orientation, age, and religion which are covered byRead MoreWhat Did You Learn From The Harvard Managementor Writing Skills Tutorial? Essay1319 Words   |  6 PagesExecutive MBA – MA 19 Module: Effective Communications Professor: Gigi WANG Assignment: Pre-Class Homework Name of participant(s): Reda MAHMAJ Declaration of Authorship â€Å"I (We) hereby declare that I (we) have neither given nor received unauthorized help on this assignment, that all work is my (our) own unless otherwise stated, and that all sources used in the preparation of this assignment have been properly cited.† Submitted on: Part 1: Business writing 1. What did you learn fromRead MoreThe Process Of Network Forensics Process1179 Words   |  5 Pagesthe implementation of the forensics process (Nik, Saadiah and Mohd 72)[8]. A waterfall model which has been commonly followed in forensics has various steps – Preparation, Detection, Collection, Preservation, Examination, Analysis, Investigation, Presentation and Incident response. Feedback from steps examination, analysis and presentation can be used for improvement of network security, tools used etc. Figure 2 depicts the process of network forensics. Figure 2 – Network forensics process 3Read MoreCoaching Process Exercise And Inventory Self Assessment Questionnaire1640 Words   |  7 Pagesof ways to improve coaching strategies. The actual self-assessment and feedback profile scores, are quite encouraging, reflecting my strength. The following are my scores. Self-Assessment Profile Feedback Profile (30) Coaching Preparation (27) Coaching Preparation (30) Coaching Technique (27) Coaching Technique (38) Coaching Qualities (30) Coaching Qualities (34) Coaching Conversation (27) Coaching Conversation After reviewing the self-assessment scores, coaching qualities is my strongestRead More†¢How Clearly Did The Presenter Define And Explain The Key1647 Words   |  7 Pagesintroduced the key contents of the presentation. Based on source found, the presenter then defined what creativity is with its characters. Followed by assertive scholar research, the presenter posed an interesting question, which supports creativity can be developed through proper management. Next, straightforward illustration was applied to show different functions of human brain. In delivering the presentation, the presenter demonstrated satisfied amount of preparation and research that he has doneRead MoreEssay about Self Reflection for Oral Presentation733 Words   |  3 PagesSelf Reflection for Oral Presentation Firstly, I would like to begin by saying that feedback was very mixed and gave some very differing opinions on the presentation as a whole. As an example, several reviewers stated that eye contact was poor throughout the presentation but several others contradict this. Again this is apparent with the clarity and volume of our speech. According to half the reviewers the presentation was too softly spoken and not clear with the other half praising our clarity

The Success Of College Success - 867 Words

Every individual has a different way to define success. The dictionary itself, which we are all originally taught from, defines success as being an accomplishment of an aim or purpose. Therefore, college success varies tremendously throughout the universities, cities, and most importantly the students themselves. Leadership, whether we look at it from the same stand point or not, is something that everyone has. If it is spoken out more, we tend to call those individuals more of leaders then those who don’t speak out as much. However, everyone has their own insight on where they want to be, who they want to be and how they want to get there. All of which is led by the personal leadership and motivation within a specific person. Because of our incredible differences, college success is accomplished by the necessity of self-leadership skills. These skills are deemed necessary because for everyone, achievement comes in many forms, less control of group leadership usually means mor e flexibility with time, and success is based on one’s own expectations accurately established on a majority of students who show lack of leadership that tend to parade their initiatives within their focused work. Achievement has been known to be something completed by effort, courage and skill. All three of which you would expect to find within those we call leaders. Despite what some believe, everyone, even those born with disabilities, acquire courage and skill to their own level, as well as theShow MoreRelatedCollege Is Not For Success1258 Words   |  6 Pages College has always been the ideal pathway to success, but with the recent low job turnout rate of college graduates, there has been success in technical studies that shoot students straight into well paying careers. There are numerous jobs that do not need higher education and still make a considerable amount of money. Success is the favorable or prosperous outcome of determination and aspirations. College has proven unnecessary to success, the job market is uncertain and with the competitivenessRead More College Success Essay1135 Words   |  5 PagesSkills That Are Important For College Success University Of Phoenix Gen 300 Skills For Professional Development nbsp;nbsp;nbsp;nbsp;nbsp;It seems in the society we live in today, having a college degree is a necessity. Years ago it was the norm for people to just go right into a full time job after high school, if they even finished high school; they did this to support their families. In today’s society a person has a difficult time getting a decent job without a college degree. During an adultsRead MoreIs College Necessary For Success?2033 Words   |  9 PagesCollege: Is College Necessary For Success? Alex Tabarrok once said, â€Å"Education is the key to the future: You’ve heard it a million times, and it’s not wrong. Educated people have higher wages and lower unemployment rates, and better-educated countries grow faster and innovate more than other countries. But going to college is not enough. You also have to study the right subjects† (Reich par. 5). This quote is a very popular quote because it is a true to connection to education. The general assumptionRead MoreCollege Is A Place For Success1222 Words   |  5 PagesWhen college students taking their first steps onto a college campus, they can finally feel the independence that they were looking for. College can be a place for success as well as a place for partying. However, attending college will comes with many struggles. It is right that college is one of the most important parts in people’s life, but it is not easy for everyone. Most of students feel stressed in college because they ha ve to face different varieties of of struggles. For example, some studentsRead MoreSuccess or Failure in College572 Words   |  2 Pagesthat 20% of students dropout college because they couldn’t handle the academic work? Most people believe that college is the main key for getting a good job. Thousands of students are enrolling in college in the United States every year. However, some of them quit college after the freshman year. Learning about success in college is very important. All students should learn about success in college, which will give them a full idea of how they can be successful in college. There are many things thatRead MoreThe College Success Course646 Words   |  3 Pagesgo to college but the lack of higher education affects the entire community as a whole. Without a bachelor’s degree, students are less likely to be employed, more likely to live in poverty, and are less active citizens of their community. Students with a low level of education ar e also more likely of welfare dependency and crime. In order to raise the 12% college educated citizens in Bogalusa, high school juniors and seniors of Bogalusa High School should be required to complete a college successRead MoreCollege is the Gateway to Success881 Words   |  4 Pagestheme or symbol across several articles or sources. I analyzed the following three articles in search of a common strand, â€Å"College is a Waste of Time† by Dale Stephens, â€Å"Importance of a college education† by Jeff McGuire, and lastly â€Å"Why Liberal Arts Matters† by Micheal S. Roth. After carefully analyzing all three of the articles, I chose â€Å"higher education is the gateway to success as my strand. This is a reoccurring point across all three articles; while not all the opinions are alike, they still correlateRead More Success in College Essay2210 Words   |  9 Pages Section One Managing Your TIME nbsp;nbsp;nbsp;nbsp;nbsp;The frist thing that a new college student must learn how to do is to stay organized and learn to decipher their priorities. By doing so you will make sure you never; miss an appointment, forget to do a homework assignment, and loose sight of time when doing a project or paper. (Waiting to the last minute never allows for your best work to be done) A planner is the best way to keep everything in order and well organized. Withier itRead MoreCollege Success Essays1891 Words   |  8 Pages College Success What does it mean to be successful? Many people look at the word success from different views. The dictionary defines success in two ways: the accomplishment of one’s goals and then the attainment of wealth or position. I believe you can be successful in two ways as well: you can be successful in your career and you can be successful by doing what makes you happy and living a fulfilling life to your standards. You don’t have to have a huge mansion on top of a private hillRead MoreThe Success Of College Sports1720 Words   |  7 Pages Title In the past few decades college sports have grown immensely in popularity nationwide, especially when the bigger events such as March Madness and the College Football National Championship arise. Even though the NCAA considers themselves to be a non profit organization, March Madness is such a huge event that in 2011 the NCAA made an agreement with CBS Sports and Turner Broadcasting System to let them broadcast the games until 2024 for $10.8 billion, but during March Madness they make

Financial Accounting and Banking Industry †MyAssignmenthelp.com

Question: Discuss about the Financial Accounting and Banking Industry. Answer: Introduction The main idea of the business is to initiate a business plan for developing an android and iOS application for Australians that describes the law and offences of every country around the world. This will be one of a kind business in the entire country. The application will provide the users with an opportunity to sign up for a 24 hour free trial before actually buying the product. Initially, Arpund the World will be able to provide the laws of some of the major destinations such as Japan, China, UAE, U.S., France, Russia, Germany and Switzerland. The application will gradually provide the users with update thereby increasing the list of countries. The main idea of developing this app will focus on providing the laws and offences of all 195 nations which exists in the world at present. Location in Australia where marketing has to be done The main location of marketing the products in Australia will be done in all the regions of the country. Channels to market the acquisition of incentivised user download will help the Management company in growing the user base of the application and top list rankings. This has been considered as one of the most effective means of channel to marketing for posting the total number of install rates in a short span of time. It is also identified as one of the most cost efficient means and ideal for a start-up business. The non-incentivized CPI will be adopted by the company for having an impact of high lifetime value which will be able to translate into more number of active users a month and better monetisation for the company. The other effective strategy for the channels to marketing has been identified in form of social media and Facebook advertising. The company for the looks forward to adopt co-promotional partnerships which will allow mutually beneficial partnership for reducing the overall cost of the venture (Brus Media, 2017). Customer segments The main form of the customer segment segregation has been done with people aged 19-80 years. As the main aspect of the service has been identified in form of providing legal information of all the countries, it will be particularly beneficial to people who do a lot of travelling. This particular trend of travelling is mainly identified among the overseas college students, newly joined employee in an overseas country, experienced professionals, international reporters and several other categories of people. Customer relationship The customer relationship will be maintained in a customer relationship management software. The company will further use the information of customers through the feedback given in the app stores of both Android and Apple users. This will allow the company in categorize the customer base in spreadsheets and lists. The data will be further stored in form of CRM application named vtiger. This will allow the company to develop a complete set of features and functions required for CRM and assist in maintaining both new and existing customer relationships (The Vtiger Blog, 2014). Marketing expenditure A significant portion of the marketing expenditure is further seen to be considered in form of in form of social media and Facebook advertising. The company also seeks to invest in YouTube analytics to know the customer trend of liking and demography. It is able to monitor the performance of the channel that have demonstrated the information about the application and provide the developers with accurate traffic sources and demographics report (Hochman, 2017). The advertising costs for the application has been further calculated based on cost per mile (CPM) and cost per click (CPC) rates in both android and iOS platforms. This is the cost per thousand rates an advertiser needs to pay for displaying the ads and for every time and user clicks on the ad. This is important for considering the advertising costs associated to the application. Advertising Expenses for CPC and CPM Parameter Average Rate Year 1 Year 2 Year 3 Year 4 Year 5 CPC $ 2.14 1400 1600 1700 1700 1800 CPM (Government Politics) $ 1.33 1800 1,696 1,695 1,797 1,802 Total 3,200 3,296 3,395 3,497 3,602 Table: Arpund the Worlds advertising Expenditure (Source: Johnston, 2014) Organizational plan Resources to be used: The main resources needed requirement for the company are seen in form of a team of software developer, online sales representative, operations department, marketing department, HR department and accounts department. How many workers: The total requirement of the personnels has been seen in form of 15 workers employees in total. The main form of the segregation of the workers has been seen in terms of 4 personnel as software developers, 4 personnel as online sales representative, 2 personnel in the operations department, 1 personnel in the marketing department, 2 personnel in HR department and 2 personnel in the accounts department. Expected wages: The expected wages of the individual workers has been seen with the annual salary received by the employees. It has been seen that the average annual salary of the 4 software developer is AUD 106614 individually per annum, 4 personnel as online sales representative is AUD 30000 individually per annum, 2 personnel in the operations department is AUD 65000 per annum, 1 personnel in the marketing department is AUD 45000 per annum, 2 personnel in HR department is AUD 60000 per annum and 2 personnel in the accounts department is 75000 per annum (Glassdoor, 2017). Abide policies The Company needs to adhere to the various types of confidentiality agreement. It needs to further make a copyright protection as it will give the evidence and prove that ownership of copyright (Deegan, 2013). The next step is to create an app developer contract so that the company is able to ensure it does not pass the final codes to the third party app developers. Hire places The main form of the hiring activities for the various positions such as the software developers, online salesman, operations department, marketing department and HR department has been identified in locations such as Melbourne, Greater Sydney, Newcastle, IIlawara, Hunter Valley, Richmond Tweed, Central West, Southern Highlands and Shoalhaven regions (Financial Review, 2014). Business model-the main aspects of the business model formulated for the company has been able to address the main processes for customers, technology, people and innovation in the products. The main trends of the business model has been further seen to be explained based on the culture, behaviour, leadership, training, incentive, peer reviews and monitoring (Pratt, 2013). The complete list of the activities of the business model has been shown below as follows: Approvals needed from Australian Gov: The main form of the government approval has been seen in terms of adhering to the copyright laws, Internet, importation of software into Australia, anti-trust provisions and limitation of liability (Australia.gov.au, 2017). Financial plan Initial cost- The cost of the total expenses has been seen with $ 100000 for the total monthly expenses, this is identified as the total owners funding. It has been further seen that in order to fulfil the cost of the fixed assets and the high salary of the employees the company had to take a total loan amounting to $ 20000. Proposed pricing strategy The products are priced for the people belonging to upper middle class it has been seen that the main pricing strategy for the products are seen to be skimming strategy. Based on the various types of pricing strategy adopted by the company it has been seen that in the first two years company would be making a net loss of $ 5380 and $ 4270. However, in the subsequent years it will be able to increase the sales volume for the paid features and by including laws of more number of countries. In this way, Arpund the World will be able to achieve a net profit of $ 27239 in the third year, $ 86186 in the fourth year and $ 187908 in the fifth year respectively. Strategy to be followed to survive in the market- The main strategy followed to survive in the market has been seen form of differentiation of the services from other android developers. It has been seen that Arpund the World is identified as a one-stop application for knowing about laws and offences across all the major nations of the world. This is identified as the main driving force towards a differentiated marketing strategy. The company further stands apart by providing the users with opportunity to sign up for a 24 hour free trial before actually buying the product (Bushman, 2014). Breakeven point The breakeven point of sales based on the financial data has been able to show that the company needs to sell services worth $1231046.8 to make a minimum profit of $ 123104.68. Fixed cost and variable cost The fixed cost of the company has been seen in terms rent for the premises and buying of electronic equipments. Some of the main forms of the variable cost of the company have been further seen in terms of Direct Labour Costs, third-party developer of the application, Direct Material Costs and Electricity cost. The fixed cost has been evident in form of $ 8500 paid for the rent of the premises. This rate has been sourced from the Gumtree, where the weekly rent for an office space in Town Hall at Sydney is $ 200 (negotiable) a week. This rate has been negotiated to $ 158 per week, and hence the total rent is $ 8500 per annum (Gumtree, 2017). Conclusion The main interpretations made for the business plan has been seen to be realistic in nature. It has been further observed that the main location of marketing the products in Australia will be done throughout the country. A significant portion of the marketing expenditure is further seen to be considered in form of in form of social media and Facebook advertising. The company also seeks to invest in YouTube analytics to know the customer trend of liking and demography. The main strategy followed to survive in the market has been seen form of differentiation of the services from other android developers. The organization plan has been seen in terms of hiring of people in relevant departments such as software developer, online sales representative, operations department, marketing department, HR department and accounts department. The breakeven point of sales based on the financial data has been able to show that the company needs to sell services worth $1231046.8 to make a minimum prof it of $ 123104.68. Reference List Apps | australia.gov.au. (2017).Australia.gov.au. Retrieved 13 May 2017, from https://www.australia.gov.au/news-and-social-media/apps Beatty, A., Liao, S. (2014). Financial accounting in the banking industry: A review of the empirical literature.Journal of Accounting and Economics,58(2), 339-383. Bushman, R. M. (2014). Thoughts on financial accounting and the banking industry.Journal of Accounting and Economics,58(2), 384-395. Deegan, C. (2013).Financial accounting theory. McGraw-Hill Education Australia. Edwards, J. R. (2013).A History of Financial Accounting (RLE Accounting)(Vol. 29). Routledge. Freeman, R. J., Shoulders, C. D., Allison, G. S., Smith Jr, G. R., Becker, C. J. (2014). Governmental and nonprofit accounting: Theory and practice.JPAEJOURNAL OF PUBLIC AFFAIRS EDUCATION VOLUME 20 NUMBER 3, 441. Henderson, S., Peirson, G., Herbohn, K., Howieson, B. (2015).Issues in financial accounting. Pearson Higher Education AU. Hochman, J. (2017).The Cost of Pay-Per-Click (PPC) AdvertisingTrends and Analysis - Hochman Consultants.Hochman Consultants. Retrieved 13 May 2017, from https://www.hochmanconsultants.com/cost-of-ppc-advertising/ Hoskin, R. E., Fizzell, M. R., Cherry, D. C. (2014).Financial Accounting: a user perspective. Wiley Global Education. Johnston, M. (2014).What Are Average CPM Rates in 2015?.MonetizePros. Retrieved 13 May 2017, from https://monetizepros.com/display-advertising/average-cpm-rates/ 10 Mobile Marketing Channels to Market Your App | Brus Media. (2017).Brus Media. Retrieved 12 May 2017, from https://www.brusmedia.com/resources/10-mobile-marketing-channels-market-app/ Why Melbourne is the best place to hire software developers and there is no bad time to IPO:Zendesk CEOMikkel Svane. (2014).Financial Review. Retrieved 13 May 2017, from https://www.afr.com/technology/why-melbourne-is-the-best-place-to-hire-software-developers-and-there-is-no-bad-time-to-ipozendesk-ceomikkel-svane-20140722-jyppi Pratt, J. (2013).Financial accounting in an economic context. Wiley Global Education. Premium Office at Town Hall - Shared or Full all inclusive | Office Space Commercial | Gumtree Australia Inner Sydney - Sydney City | 1145566637. (2017).Gumtree. Retrieved 13 May 2017, from https://www.gumtree.com.au/s-ad/sydney-city/office-space-commercial/premium-office-at-town-hall-shared-or-full-all-inclusive/1145566637 Salary: Software Engineer in Sydney, Australia. (2017).Glassdoor. Retrieved 13 May 2017, from https://www.glassdoor.co.in/Salaries/sydney-software-engineer-salary-SRCH_IL.0,6_IM962_KO7,24.htm?countryRedirect=true Saunders, A., Cornett, M. M. (2014).Financial institutions management. McGraw-Hill Education,. Vtiger CRM Named a 2014 CRM Market Leader by DestinationCRM. (2014).The Vtiger Blog. Retrieved 13 May 2017, from https://www.vtiger.com/blog/vtiger-crm-named-a-crm-market-leader-by-destinationcrm/ Weil, R. L., Schipper, K., Francis, J. (2013).Financial accounting: an introduction to concepts, methods and uses. Cengage Learning.