Marx Critique On The Economic Classes Of Society - 1154 Words

Marx critique comes from a theme of capitalism presupposed fundamentally evil and flawed system because it relies on an exploitation structure. For example the bourgeoisie who own the production and tear down the proletariat who does the labor. Marx’s view is that the capitalist system is put on the backs of the proletariat, who do not get sufficient rewards for their labor. His hypothesis is that the difference between the economic classes of society is the surplus labor, which comes from the producer itself. In some ways Marxists critiques are valid but they usually fail in the aspect of intellectual, observational, and practical levels. The intellectual failure is about the manifest where his words comes off that the wage labor is†¦show more content†¦On an observational level the governments that have been created using Marxism have became disasters in regard to other capitalist societies which have strived for the superiority of economics and morals. Vladimir Lenin launched a Marxist revolution in 1917 becoming a strong military force but also undermining its proletariat under the corrupt rule of Stalin. Thus the Soviet Union crashed on itself showing how it was a failure and the other member states moved to capitalist economies in form of government. In regards of China still a nation state, which has string ties to economic power. Although China shares in the hard suppression of a citizens individual rights like the Soviet Union. The other state that remains using Marxism is North Korea. North Korea has horrible economic conditions and do regard for individual rights as well. For the political level Marx belittled the power of democratic forms of government to the systems of liberal capitalism. In conjecture democracies are formed to give power to the proletariat by giving them some voice in making decisions that affect the economic system they are in. The concept behind individual rights is the freedom of the individual brought up by Marx. This shows the safety net behind capitalism when show more of liking to dictatorships over individual rights of citizens. When there are competitive markets allowed to go on without being checked there is an abundant amount of wealth created, butShow MoreRelatedThe Basic Concepts Of Marxism1460 Words   |  6 Pagesgovernment had to use taxpayer money in order to bail out big banks and corporations to prevent an economic collapse, despite these large companies chose to gamble at such risks. Many Americans were dissatisfied with financial elitism that governed the American society through economic influences. Karl Marx’s Class antagonism still exists in the present day, but in a different form and scale from antagonism Marx described during his time. Having mentioned Occupy Wall Street, a clear present day exampleRead MoreConflict Theory, Karl Marx, and the Communist Manifesto Essay1321 Words   |  6 PagesConflict Theory, Karl Marx, and The Communist Manifesto In order to understand Marx a few terms need to be defined. The first is Bourgeoisie; these are the Capitalists and they are the employers of wage laborers, and the owners of the means of production. The means of production includes the physical instruments of production such as the machines, and tools, as well as the methods of working (skills, division of labor). The Proletariat is the class of wage-laborers, they do not have their ownRead MoreThe Great Law Of Motion Of History Essay1449 Words   |  6 Pagesconditions under which men must operate for them to have a chance at restructuring their society and achieving emancipation. Marx illustrates across theory and practice how mankind, though limited in its autonomy by the existing societal order, has an opportunity to emancipate itself from the legal and political superstructure constructed independently of its will when sufficiently focused, energized and united. Hence how Marx pays enough heed to a particular, the ascent of Louis Napoleon, such that he canRead MoreMarxist Theory On Capitalism And Communism1468 Words   |  6 PagesMARXIST MATERIALISM Marx was a philosopher and economist. He developed the concept of materialism to study the material things in society, i.e. the economy, that shape and affect the social life of individuals. Marx studied the work of Hegel, however rejected his predecessor’s focus on ideals because he recognized an essential connection with the problems of society and individuals and the material conditions of the society (Ritzer 2011: 21). Marx employed materialism in two facets of his theoreticalRead MoreWhy Marx s Social Theory Place So Much Emphasis On Class Conflict And The Economic Aspects Of Society? Essay1524 Words   |  7 Pagesdoes Marx s social theory place so much emphasis on class conflict and the economic aspects of society? Karl Marx is one of the most influential and revolutionary philosopher, economist and sociologist of the 19th century. His thoughts not only shaped our understandings of the capitalistic world but also created a new system of social organization, communism. His ideology also defined the key political figures of the cold war period such as Stalin, Mao and Castro. Without Marx, theRead MoreCapitalism and Proletariats945 Words   |  4 Pages Critiques of social contract theories abound, even including criticisms from social contract theorists themselves, such as Jean-Jacques Rousseau. 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The new ideas he presented regarding politics and economics, his critiques of other theories and politicalRead MoreThe Communist Manifesto By Karl Marx And Friedrich Engels1255 Words   |  6 Pagesby Karl Marx and Friedrich Engels to begin explaining Communism and its goals. The Manifesto suggests that history acts according to what is called â€Å"class struggle.† The â€Å"means of production† are what truly defines the class relationships according to Marx and Engels (Marx 2002). Inevitably, the classes conflict and become hostile, no longer moving fluidly (Spalding 2000). The Manifesto states that this conflict becomes so severe that it eventually becomes a revolution and one of the classes becomesRead MoreKarl Marx And The Marxist Theory Of Political Economy1100 Words   |  5 PagesEconomics often detaches from analysing people and the social relationships between them to instead focus on mathematical modelling. In the contemporary world, economists failed to predict numerous crises, the most recent being the Global Financial Crisis of 2006. Such failures coincide with the deteriorating belief in governments, leading to the rebirth of the use of Marxist thinking. â€Å"Sales of Das Kapital, Marx s masterpiece of political economy, have soared ever since 2008, as have those of TheRead MoreKarl Marx And The Great Philosopher Essay988 Words   |  4 PagesKarl Marx was born in Trier, Prussia in 1818 to a Jewish family, but despite his baptism at age 6, he later became an atheist. Marx attended University of Bonn, but due to his imprisonment for drunkenness and variances with another student, he was enrolled in the University of Berlin by his parents. Marx earned his degree in philosophy and began writing for Rheinische Zeitung, a liberal democratic newspaper. He later became their editor. Marx was a member of Young Hegelian movement which was group

Worldcom, Inc. And Sprint Corporation Essay - 911 Words

Introduction On October 4, 1999, WorldCom, Inc. and Sprint announced their plans to merge of long-distance and telecommunication markets. It was $129 million deal, which raised concerns regarding how the merger of the two largest Internet backbone providers could affect the Internet markets. According to the case description, at the time of the agreement, the two companies were the second and third largest traditional long-distance telecommunication companies in the United States, and the first and second largest providers of Internet backbone network service both domestically and internationally. Although many mergers can be beneficial, it can also effect negatively to the consumers. In fact, the proposed merger of WorldCom, Inc. and Sprint would be the case in point. WorldCom, Inc. and Sprint Corporation According to WorldCom, Inc. and Sprint case packet by Baye and Scholten, WorldCom, Inc. is formerly known as MCI WorldCom, Inc. and is one of the largest global telecommunications providers with operating in more than 65 countries. As measured by revenues, it is also second largest provider of date network services. Sprint Corporation, in the other hand, is also one of largest telecommunications providers in United States, serving more than 17 million residential and business customers. In addition, Sprint Corporation has been competing head–to-head against WorldCom, Inc. in many markets in which the two companies operate. Overview of history background The proposedShow MoreRelatedOligopoly: Monopoly and Demand Curve1451 Words   |  6 Pagesas banking. Differentiated oligopolies, where the products have some differences, are found in consumer goods industries, such as cars, biscuits, beer and electrical appliances. 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A summary of Worldcom, historical data and background. Worldcom will soon be one of the largest telecommunication companies on the planet. Worldcom has built its global presence through a multitude of financial acquisitions and investments, highly successful product marketing programs, while making business alliances with many of the most successful companies in the technology and telecommunications sector. Worldcom (stock symbol: WCOM), formerly MCI, WorldcomRead MoreAccounting Fraud And The Financial Fraud1761 Words   |  8 PagesIntroduction WorldCom CEO Bernard Ebbers, former partner said â€Å"He didn’t know anything about the long distance or telephone business, but he knew how to read numbers, he was a number cruncher.†(â€Å"Inside†) This should have been a warning sign to those investing in the company that Ebbers wasn’t the best choice to run the 2nd biggest telecom company in America. WorldCom was just one of many accounting frauds that took place in the early 2000’s. 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Challenges And Scenario Of 5th Generation Wireless Communication Syste

Question: Discuss about the Challenges And Scenario Of 5th Generation Wireless Communication System. Answer: Annotated Bibliography and literature review Articles Description 1. Vakilian, V., Wild, T., Schaich, F., ten Brink, S. and Frigon, J.F., 2013, December. Universal-filtered multi-carrier technique for wireless systems beyond LTE. InGlobecom Workshops (GC Wkshps), 2013 IEEE(pp. 223-228). IEEE. In the article, multi-carrier transmission scheme, which is considered one of the important functions of wireless system proposed. The system has been proposed in order to overcome the issue of inter-carrier interface in the orthogonal frequency division multiplexing systems. The system is known as universal-filtered multi-carrier. It is a filtering operation applied to a group of consecutive subcarrier for minimizing out-of-band sidelobe levels as well as subsequently reduces technique. The number of base stations can send received signals from the equipments of user. 2. Huang, K. and Larsson, E., 2013. Simultaneous information and power transfer for broadband wireless systems.IEEE Transactions on Signal Processing,61(23), pp.5972-5986. The article deals with power transfer for broadband wireless systems. It is important to develop such systems that can enhance performance of the system. Far-field microwave power transfer can free wireless mobile sensors as well as other mobile devices. Integration of MPT with wireless communication and spectrum. A novel approach has been presented in the article in order to realize SWIFT in broadband system. In the particular system, orthogonal frequency division multiplexing as well as transmit beam forming are implemented for creating a set of parallel sub-channels of SWIFT. 3. Thompson, J., Ge, X., Wu, H.C., Irmer, R., Jiang, H., Fettweis, G. and Alamouti, S., 2014. 5G wireless communication systems: prospects and challenges part 2 [Guest Editorial].IEEE Communications Magazine,52(5), pp.24-26. The article discusses 5G wireless communication systems prospects as well as challenges aspect. The 5G needs to be featured with intelligent technology, which can interconnect entire world without having any limitations. In addition, the technology introduces a whole new concept of multi-path data path scheme for a real wireless world. The technology envisions for designing a real wireless world. The technology is free from the obstacles of the earlier designs. 4. Wang, C.X., Haider, F., Gao, X., You, X.H., Yang, Y., Yuan, D., Aggoune, H., Haas, H., Fletcher, S. and Hepsaydir, E., 2014. Cellular architecture and key technologies for 5G wireless communication networks.IEEE Communications Magazine,52(2), pp.122-130. The fourth generation wireless communication system has been implemented in several countries. On the other hand, an explosion of wireless mobile devices as well as service has an important role in the service. Wireless system designers are facing continuous increase in demand for high data rates as well as mobility needed by wireless applications. Thus, it is essential to research on 5th generation wireless technology that is achieved in the article. In addition, potential cellular architecture, which can separate indoor as well as outdoor scenarios are discussed in the present case. 5. Thilina, K.M., Tabassum, H., Hossain, E. and Kim, D.I., 2015. Medium access control design for full duplex wireless systems: challenges and approaches.IEEE Communications Magazine,53(5), pp.112-120. The recent advancement in the techniques for self-interface cancellation in order to enable in-band full duplex transmission in which wireless node simultaneously transmit as well as receive the same frequency band. The issues in physical layer and medium access control issues like inter-node collisions as well as fairness between half-duplex as well as full duplex are resolved in the article. Moreover, qualitative comparison among full-duplex protocols is provided. Research proposal, data collection and qualitative analysis: Background While the past eras of versatile generations were centered on giving high rates and consistent network for the customers, 5G is ready to change the vertical industries, for example, energy, transport, industrial production as well as health. There is a typical accord that 5G will comprise of three unique modes: extended Mobile Broadband (eMBB), Machine-Type Communication (mMTC) and Ultra-Reliable Low-Latency Communication (URLLC). With mMTC, the vertical businesses access information from enormous measure of sensors and exceptional bits of knowledge in e.g. energy infrastructure or inventory network. URLLC speaks to a standout amongst the most inventive highlights of 5G, empowering mission-basic interchanges, for example, reliable remote activity with robots or coordination among vehicles. The esteem brought by URLLC can be comprehended as takes after: Once a vertical industry can securely expect that remote availability is "genuinely anyplace and whenever" and can be ensured e.g. 99 .999% of the time, the way to deal with framework outline and operation changes in a general sense (Vakilian et al. 2013). This discussion will present difficulties confronted by remote correspondence on the way of making 5G and changing the present vertical businesses into associated, completely advanced verticals. Critical review of literature review Huang and Larsson (2013) stated that challenges are considered as the natural part of new development, similar to advancement in technology; 5G has huge difficulties for managing. As seeing in past, improvement of the radio technology, quick enhancement has been found. Starting from first generation to fifth generation, the development is happened around 40 years of age. Nonetheless, in the development, the basic difficulties are faced as there are absence of infrastructure, research methodology as well as cost. Technological challenges Inter-cell interference is considered as major technological issues required solving. There are several variations in size of traditional macro cells and concurrent small cells, that can lead to interference. Efficient Medium Access Control In the present circumstance, dense implementation of access points as well as terminals of users are needed, the user throughput will be low, however latency will be high as well as hotspots won't be able to be competent to the cellular technology in order to give high throughput. It needs to be looked into legitimately optimizing technology. Traffic Management On the other hand, conventional human to human movement in cell arranges, a large number of Machine to Machine (M2M) devices in a cell that may cause genuine framework issues such as radio access network (RAN) challenges, which will cause overload as well as blockage. Common Challenges Multiple Services It is the signals like radio signal services and 5G has colossal assignment in order to offer services to the heterogeneous systems. The technologies and devices working in various geographic locations need to work properly (Wang et al. 2014). In this way, the challenge is making standardization in order to give dynamic, universal, data rich as well as user-centric wireless services for fulfilling the high expectation of users. Infrastructure Researchers are confronting innovative difficulties of standardization as well as utilization of 5G services. Communication, Navigation as well as Sensing The particular services are depended on accessibility of the radio spectrum by the signals that can be transmitted. In addition, 5G technology has solid power of computational in order to process a great volume of information that is originating from several sources, yet it requires more support of infrastructure. Security and Privacy It is considered as a standout amongst the imperative difficulties that 5G requires the assurance of individual information (Saad et al. 2014). 5G should make characterization of the vulnerabilities that are detected with the security dangers that consists of putting stock in, protection, cyber security developing over the world. Legislation of Cyber law In this aspect, cybercrime as well as different extortion may likewise increment with the speed as well as ubiquitous 5G technology. In the specific way, enactment of the Cyber law is likewise a primary challenge in a great extent is administrative and political in nature. Salient features of 5G technology The fifth generation mobile network and simply 5G is considered as the revolution of mobile technology. In this aspect, the features as well as usability are considered as beyond of the expectation of being normal human. Thus, the ultra high speed for changing the definition of cell phone usability can be helpful in this aspect. With the huge array of providing innovative features, smart phone like to more parallel in nature to laptop can be helpful for the process. Broadband internet connection and other important features can fascinate people in more gaming options and wider multi-media options. Connectivity to every place as well as zero latency and faster response time is advantages of using 5G wireless communication system. Moreover, high quality sound as well as HD video is be transferred on distinctive cellular phone without having any compromise with the quality of audio as well as video. Aims The research will have to find out the challenges faced while developing 5G wireless communication system. Additionally, scenario of 5G wireless communication system will be explored in the research. Methodology In order to conduct the research in proper way, selection of research tools such as research design, approach and philosophy are important. Research Philosophy: Positivism: Positivism, realism and interpretivism are three types of research philosophy (Brinkmann 2014). The research will be followed based on positivism philosophy. The philosophy would be helpful for using factual knowledge and conduct the research in scientific as well as statistical way. Thus, in order to understand the challenge and opportunities of 5th generation wireless technology, positivism philosophy would be helpful. Research approach: Deductive Deductive and inductive are two type of research approaches (Mackey and Gass 2015). Deductive approach assists to research with existing theories as well as concepts (Gale et al. 2013). In addition, deductive approach would concern to do the research by transforming general data to specific data. The researcher will select deductive research approach. Choosing positivism philosophy is one of the reasons for that. Research Design: Descriptive Descriptive research design will be selected in the research in order to clarify research topic. In addition, for understanding the causes and effect of the research issues along with predicting future occurrences of the research problem will be helpful for choosing descriptive research design. Research Strategy: Online survey Online survey research strategy will be followed for analyzing the scenarios as well as challenges of 5G wireless communication technology. WH questions will be formed for the survey questionnaire. Sample, Sampling process and analysis 65 number of IT professionals will be selected for survey session. On the other hand, simple random probability sampling technique will be sued in the research, whereas qualitative analysis will be achieved in the research. Implications 5G technology is decorated with many and distinct features, which applicability is helpful for wide range individuals regardless of their motivations. A portion of the noteworthy applications through which 5G technology can be implemented and challenges can be eradicated. It will make brought together worldwide standard for all. Network availability will be all over the place and will encourage individuals to utilize their PC and such sort of cell phones anyplace whenever. Because of the IPv6 innovation, going to care of versatile IP address will be assigned according to the associated arrange and geological position (Chiou and Rebeiz 2013). Its application will make world genuine Wi Fi zone. Its psychological radio technology will encourage diverse variant of radio advances to have a similar range proficiently. Its application will encourage individuals to profit radio flag at higher height also. Expected outcomes Various researches about as well as exchanges are going ahead over the world among several technologists, academicians, merchants, administrators along with the governments regarding development usage, reasonability as well as security worries of 5G. However, the inquiry is included in a circumstance that having past advancements are still under the process as well as several parts yet to be started. The 5th generation technology has intension for providing unimaginable as well as abilities regarding momentous information as well as incomprehensible information communicate that are inside as the most recent portable working framework. In addition consequently, it is more shrewd innovation that will interconnect the whole world unbounded (Choi et al. 2015). Similarly, the reality would have general as well as continuous access to the specific data, communication as well as excitement that will open another measurement to lives as well as will change our way of life seriously. In addition, governments as well as controllers can use the innovation like an open door for the great administration along with the process that can make more beneficial conditions, supporting the process with interest in 5G, considered as the cutting edge technology. Survey- Questionnaires The survey questionnaires will be arranged where 65 numbers of IT professionals took part and answers the questions. How far you agree that development of 5G wireless communication systems includes several difficulties and challenges? What are the challenges faced while developing the technology? What are the benefits of 5G wireless communication technology? What are the limitations of using 5G wireless communication technology? Qualitative analysis Accumulated data from the survey questionnaire will be analyzed with the help of qualitative analysis. At first, the data will be disassembled. In this step, unnecessary and inappropriate data will be sorted out. After the process, the data will reassemble and interpret. In this process, numerical data will be collected in order to make sense of research questions. Moreover, the data will be analyzed as well as presented in proper form. One of the general methods of evaluating numerical data is statistical analysis, which will be followed in the research. At the last step, result will be presented in the research that will fulfill research aims. In this way, scenario and challenges of using 5G wireless communication technology will be presented. References Brinkmann, S., 2014. Interview. InEncyclopedia of Critical Psychology(pp. 1008-1010). Springer New York. Chiou, Y.C. and Rebeiz, G.M., 2013. Tunable 1.55-2.1 GHz 4-Pole Elliptic Bandpass Filter With Bandwidth Control and ${ 50}~{hbox {dB}} $ Rejection for Wireless Systems.IEEE Transactions on Microwave Theory and Techniques,61(1), pp.117-124. Choi, J., Love, D.J., Brown III, D.R. and Boutin, M., 2015. Quantized Distributed Reception for MIMO Wireless Systems Using Spatial Multiplexing.IEEE Trans. Signal Processing,63(13), pp.3537-3548. Gale, N.K., Heath, G., Cameron, E., Rashid, S. and Redwood, S., 2013. Using the framework method for the analysis of qualitative data in multi-disciplinary health research.BMC medical research methodology,13(1), p.117. Huang, K. and Larsson, E., 2013. Simultaneous information and power transfer for broadband wireless systems.IEEE Transactions on Signal Processing,61(23), pp.5972-5986. Mackey, A. and Gass, S.M., 2015.Second language research: Methodology and design. Routledge: Abingdon Saad, W., Zhou, X., Han, Z. and Poor, H.V., 2014. On the physical layer security of backscatter wireless systems.IEEE Transactions on Wireless Communications,13(6), pp.3442-3451. Samimi, M.K., Sun, S. and Rappaport, T.S., 2016, April. MIMO channel modeling and capacity analysis for 5G millimeter-wave wireless systems. InAntennas and Propagation (EuCAP), 2016 10th European Conference on(pp. 1-5). IEEE. Thilina, K.M., Tabassum, H., Hossain, E. and Kim, D.I., 2015. Medium access control design for full duplex wireless systems: challenges and approaches.IEEE Communications Magazine,53(5), pp.112-120. Thompson, J., Ge, X., Wu, H.C., Irmer, R., Jiang, H., Fettweis, G. and Alamouti, S., 2014. 5G wireless communication systems: prospects and challenges part 2 [Guest Editorial].IEEE Communications Magazine,52(5), pp.24-26. Vakilian, V., Wild, T., Schaich, F., ten Brink, S. and Frigon, J.F., 2013, December. Universal-filtered multi-carrier technique for wireless systems beyond LTE. InGlobecom Workshops (GC Wkshps), 2013 IEEE(pp. 223-228). IEEE. Wang, C.X., Haider, F., Gao, X., You, X.H., Yang, Y., Yuan, D., Aggoune, H., Haas, H., Fletcher, S. and Hepsaydir, E., 2014. Cellular architecture and key technologies for 5G wireless communication networks.IEEE Communications Magazine,52(2), pp.122-130.

The Greek Cosmobob free essay sample

Executive Summary The Greek Cosmobob People from all over the world immigrate to places like Canada, not for a change of scenery but for the opportunity of a better life. Cosmo Panetta did just that in 1958, leaving his homeland of Greece. Since his move to Canada, Panetta has opened two successful businesses, a variety store and a drive-in/take-out restaurant. Panetta now has several business opportunities to take a popular menu item, the Cosmobob, to the mass-market. Panetta has some important decisions to make on the future of his family business. His options are to grow his company by opening a third drive-in/take-out restaurant, manufacture and market the Cosmobob to the food service industry, manufacture and market the Cosmobob to the retail industry, or not grow at all. Panetta and his family settled in Niagara Falls, Canada in 1958. In 1968, Panetta seized the opportunity to own his own business and purchased a small variety store which was sold to a convenience chain in 1975. We will write a custom essay sample on The Greek Cosmobob or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Panetta was them able to purchase a drive-in/take-out restaurant which he named Cosmo’s Drive-In.Cosmo’s Drive-In was located on Lundy’s Lane in Niagara Falls, just four miles from the Falls and the Clifton Hills area, which is where most of the tourist accommodations are located. In 1979, Panetta expanded his business with the purchase of a second drive-in restaurant on Thorold Stone Road, a main industrial thoroughfare in Niagara Falls. Niagara Falls area attracts over 13. 4 billion visitors each year adding to the customer base of an area with over 79,000 year round residents. Panetta credited his success to three things, a good location, high quality product, and a fair price.Cosmo’s Drive-In was incorporated in 1979. Cosmo’s Drive-In offered a limited menu selection to preserve efficiency and quality. Although other drive-in/take-out restaurants were diversifying their menu options with many specialty products, Panetta only added one, the Cosmobob. The Cosmobob is a pork-based souvlaki or shish kabob, which Panetta developed in 1979. Panetta’s Cosmobob was small cubes of seasoned pork mounted on a bamboo skewer and served with Cosmobob sauce. Panetta wanted his product to stand apart from other lower quality souvlaki on the market and therefore named his product the Cosmobob.Panetta had two potential options for a new facility. One was an old mushroom factory located in Grimsby, Ontario that would require $100,000 to $120,000 in improvements to bring the facility up to provincial health standards. The second was an old dairy plant in Niagara Falls that would only require $30,000 to bring the facility up to provincial health standards. To bring either facility up to par to pass federal government inspections would cost an additional $30,000 to $40,000 along with an additional $80,000 for equipment.Total rent for the first three years for old mushroom factory would total $83,300 and for the old dairy plant would be $103,200 a significant difference of $19,900 more. However, due to the lower cost of upgrading needed at the old dairy plant made it a more feasible choice between the two. Renting the old dairy plant, which is located in Niagara Falls, would also mean Panetta could maintain his current staff that were already trained and ready to go. In February 1999, Panetta was approached by a commercial developer looking for a fast food restaurant to locate into his new mall.Rent would be $1600 a month with an annual rent increase of inflation plus one percent. Rent for the first three years would total $59,384. Panetta would also need to spend approximately $60,000 for improvements and equipment. An average of 500 cars would visit the mall and Panetta felt that it would do about 60 percent of the Thorold Stone Road sales, matching it within two years. Panetta also consider entering the food service market on a provincial or national scale. This would require him to employ a salesperson at $40,000 per year (salary plus expenses) or a food wholesaler, who would require a 20 percent margin on the purchase price.A salesperson would have to sell 2742 cases to match the breakeven point through a food wholesaler who sold the same amount of cases. For Panetta each case sold by the salesperson after the 2742 cases would provide a profit of $17. 76 per case but if sold by a food wholesaler would provide only a profit of $14. 59 per case. If Panetta could sell 600 cases per month in the local market, a salesperson should be able to sell much more than that if taken to the provincial or national market. The other option Panetta has to consider is the retail market. The retail market is highly competitive industry and expensive to introduce a new product to the retail stores. With a typical retail store carrying about 15,000 items, shelf space is at a premium and the retail stores required $20,000 placement fee per supermarket chain. In addition, they would require price discounts, samples, free food allowances, and cooperative advertising just to get new product acceptance. Trade promotions could run as high as 15 percent of manufacturer’s selling price and consumer promotions could easily exceed $500,000 the first year.Along with good promotional support and guaranteed deliveries, supermarket chains would require a 25 percent margin on retail selling price. Panetta already has two successful restaurants being run by himself and his son Joe. Although the start-up cost and rent is a lot cheaper, an additional restaurant location would become a major burden on both Panetta and his son Joe to manage. The retail market has the most potential for profit in the long run, however due to the high cost of start-up in major supermarket chains along with all the additional placement fees, promotional fees, etc.