Free

Produce a research poster of A2 size on a commodity - Essay Example

Comments (0) Cite this document
Summary
Aluminum commodity is a chemical element, which is categorized in the boron group. The ductile metal is known for its nonmagnetic, silvery white nature (Kaushish, 2010). Aluminum remains the third most profuse element after silicon…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.8% of users find it useful
Produce a research poster of A2 size on a commodity
Read TextPreview

Extract of sample "Produce a research poster of A2 size on a commodity"

International Business Environment Commodity (Aluminum) The type of commodity in this case is aluminum. Aluminum commodity is a chemical element, which is categorized in the boron group. The ductile metal is known for its nonmagnetic, silvery white nature (Kaushish, 2010). Aluminum remains the third most profuse element after silicon and oxygen.
Figure 1. Aluminum
Uses of the Commodity
The strength and low-density nature of aluminum makes it ideal for construction of lightweight vehicles, aircraft and ladders. Duralumin, which is an alloy of aluminum, is mostly used due to its improved properties. In most cases, duralumin is preferred to pure aluminum. Its corrosion resistance nature and ability to be shaped easily makes it a perfect material for roofing materials and drink cans (Kaushish, 2010). On the other hand, its low-density nature makes it effective for making window frames and building greenhouses. Aluminum is also a good heat conductor. This aspect makes it perfect for making cookware, cookers and boilers. Additionally, aluminum is mostly used as overhead power cables due to its good conduction of electricity (International Conference on Steel and Aluminium Structures & Lau, 2011). Lastly, the high reflectivity nature makes aluminum ideal for making reflectors, mirrors and firefighting.
Figure 2. Aluminum lightweight vehicle
Figure 3. Drink cans made of aluminum
Figure 4. Cookware, cookers and boilers made from aluminum
Sources of Aluminum
There are two sources of aluminum namely bauxite and recycling. In this case, bauxite remains the most common material that is mostly used in producing virgin aluminum (Prashad, 2006). Common bauxite-producing nations include Guinea, Australia, Brazil, China and Jamaica. Australia tends to produce at least 2.5 times of bauxite than other nations. Recycling also remains an important aluminum source.
Influences on Supply/Demand
Alumina prices tend to influence its demand and supply. Additionally, the electricity prices influences its demand and supply (Kaushish, 2010). China remains the biggest aluminum importers in the market. Aluminum supply and demand in China depends on consumer preferences in the product.
Price Elasticity for the Commodity
Currently, aluminum prices are higher again. However, aluminum supply dynamics tend to be mixed. High trends mean high price elasticity.
Factors Affecting Price
Common factors affecting aluminum price elasticity include number of substitute’s products, switching costs between products, strength of the product, time allowed after change in prices and consumer’s income percentage that is allocated to the product expenditure (Schmitz, Domagala, & Haag, 2006).
Substitutes/Alternatives Products
An alternative for aluminum is the magnesium alloys. In this case, magnesium has the potential of meeting its current demands for reliable and lighter construction. Magnesium is a perfect alternative since they have comparable specific stiffness (Prashad, 2006). They also have higher energy consumption and specific strengths, which enable them to perform aluminum roles. Additionally, magnesium alloys are important especially for applications where materials tend to be subjected to dynamic loads or variable loads (International Conference on Steel and Aluminum Structures & Lau, 2011).
Long Term Prospects for Supply & Demand
Long terms prospects of aluminum remains unpredictable. However, the current rising trends in supplies and demands demonstrate that its demand will rise significantly in future.
Environmental Impact
The process of transforming bauxite into aluminum tends to use intensive energy. In most cases, the process requires copious electricity amounts, resources and water to produce. The caustic red sludge that is common during the process tends to be deposited on the environment thus affecting the environment. Additionally, greenhouse gas emissions during the process also affect the environment. Common gas emissions include sodium fluoride, per fluorocarbons, polycyclic and sulfur dioxide.
References
International Conference on Steel and Aluminium Structures, & Lau, H. H. (2011). Advances in steel and aluminium stuctures. Singapore: Research Pub.
Kaushish, J. P. (2010). Manufacturing processes. New Delhi: PHI Private Limited.
Mazzolani, F. M. (2003). Aluminium structural design. Wien: Springer.
Prashad, H. (2006). Solving tribology problems in rotating machines. Cambridge, England: Woodhead.
Schmitz, C., Domagala, J., & Haag, P. (2006). Handbook of aluminium recycling. Essen: Vulkan. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Produce a research poster of A2 size on a commodity Essay”, n.d.)
Produce a research poster of A2 size on a commodity Essay. Retrieved from https://studentshare.org/business/1690745-produce-a-research-poster-of-a2-size-on-a-commodity
(Produce a Research Poster of A2 Size on a Commodity Essay)
Produce a Research Poster of A2 Size on a Commodity Essay. https://studentshare.org/business/1690745-produce-a-research-poster-of-a2-size-on-a-commodity.
“Produce a Research Poster of A2 Size on a Commodity Essay”, n.d. https://studentshare.org/business/1690745-produce-a-research-poster-of-a2-size-on-a-commodity.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Produce a research poster of A2 size on a commodity

Research Proposal. We Can Do It Poster

...? PRIMARY SOURCE RESEARCH PROPOSAL Q) Did the image of a woman displayed in the poster “we can do it!” a true picture of change in power (gender) or a substitute, required to fill the temporary gap? How does the motivational poster campaign turned into a world renowned, American Women Movement? During the World War II, many shocking revelations were witnessed; among all of them the most inspiring and turning was the participation of women, which later on embarked the history of women with success. “We can do it!” poster was a sequential motivational poster created by an artist; J. Howard Miller in 1942, who worked under the supervision of Westinghouse Company’s War Production Committee. Initially, its aim was to recruit women only... for...
3 Pages(750 words)Essay

Commodity

...? Oil With the rapid growth of industrialization all around the world, crude oil can be considered as one of the most important elements in this industrial growth. One can very easily say that it is a very hot topic nowadays. Starting from the very common point of demand and supply of oil in the whole world to the price ups and downs, a lot of interesting scenarios comes out. It goes on with some interesting discussions which create a lot of sense in understanding the global market of oil. Supply of oil in international market The basic oil supplying nations of the world comes within the group called OPEC (Organization of the Petroleum Exporting Countries). The most important oil producing nation in the whole world is Saudi Arabia... . It is...
3 Pages(750 words)Essay

Poster Design

...the yellow Gill Sans text draws the readers eye towards the relevant information which is presented "clearly, simply and efficiently" (P Wildbur, M Burke 1998). The image used for the poster, strengthens the advertised promotion. While not of the best quality, breaking it up to create a more interesting visual effect made it attract potential readers to the poster. This poster was also created for Litho printing. However, digital printers could also produce it. Nevertheless, be aware that not all digital printers can hold the flood of green contained in the poster. Test printed on an Epson 9000 with clean heads, the printout was acceptable at A1...
4 Pages(1000 words)Essay

Poster

... compared with loratadine alone, the primary comparison, was not significantly different. 1.4 Comparison of once-daily ebastine 20mg, ebastine 10mg, loratadine 10mg, and placebo in the treatment of seasonal allergic rhinitis Ratner PH, Lim JC, Georges GC; J Allergy Clin Immunol 2000;105:1101–1107 Ebastine 20mg; ebastine 10mg; loratadine 10mg; and placebo 565 respondents; double-blind, placebo-controlled, randomized, parallel-group study Ebastine 20 mg produced significantly greater (P <.05) reductions from baseline compared with loratadine 10 mg over the entire treatment. -Overall improvement in daily reflective and morning snapshot TSS was comparable between ebastine 10 mg and loratadine 10 mg and significantly better than placebo (P <.05... Literature Analysis Scores Strength Method Main result Level of evidence criteria Methodology Result Overall Score Allergy Rhinitis 1 Compare efficacy, safety, and impact on the quality of life of fluticasone propionate aqueous nasal spray (FP ANS),...
6 Pages(1500 words)Essay

A2

...) @ 4.25 per cent by weight of total mix, transporting the hot mix to work site, laying with a sensor paver to the required grade, level and alignment, rolling with smooth wheeled, vibratory and tandem rollers to achieve the desired compaction. m3 7500 9. Providing and applying evenly tack coat with liquid bitumen(80/100) content of 2.0 to 2.5 kg/10 m2 on subsequent layer of DBM. m2 80000 10. Providing & laying Asphaltic Concrete with 100-120 TPH batch type hot mix plant producing an average output of 75 ton per hour using asphalt grade of 60/70 @ 5.0% of the weight of the total mix with specified aggregate sizes, transporting the hot mix to work site, laying with a sensor paver to the required grade, level and alignment, rolling... ...
9 Pages(2250 words)Essay

Poster task

...Poster task Reference Cotei, C. Farhat, J. 2009. THE TRADE-OFF THEORY AND THE PECKING ORDER THEORY: ARE THEY MUTUALLY EXCLUSIVE?. North American Journal of Finance and Banking Research Vol. 3. No. 3. Available at: http://www.globip.com/pdf_pages/northamerjournal-vol3-article1.pdf [Accessed on March 3, 2011]. Frank, Z.M. Goyal, K.V. 2007. Modigliani-Miller Theorem. Trade-off and Pecking Order Theories of Debt. Available at: http://mba.tuck.dartmouth.edu/pages/faculty/Espen.Eckbo/PDFs/Handbookpdf/CH12-PeckingOrder.pdf [Accessed on March 3, 2011]. Hackbarth, D. Hennessy, A.C. Leland, E.H. 2007. Can the Trade-off Theory Explain Debt Structure?. Available at: http://faculty.london.edu/chennessy/assets/documents... task Reference Cotei, C....
5 Pages(1250 words)Essay

Commodity

...Milk Performance in the Market 2007 Milk, together with the dairy product that is produced from it, is a source of food for a large number of people in the world. Milk from numerous animals, especially cows, has for a long time been considered a regular stable food for many cultures worldwide. It provides dairy products such as yogurt, cheese, kefir, and butter, and is a source of vitamin D, proteins, and calcium. However, not many people have wondered how it performs in the markets before it reaches to the consumer. This newsletter will look at its performance in the markets from 2007 to 2012, and will examine its inflation rate, rates of change, as well as its MCSI commodity index (Catlette & Hadden,...
2 Pages(500 words)Essay

A2

...names to people and places (Suleiman, p. 143). Names such as Mohamed or Ahmed are given to boys in many countries, and this maintains an obvious connection with the ancient heritage of Islam. There is also evidence, however, of the divergence of the spoken language into different dialects, and this has served to differentiate different strands of Arab culture. It has been a source of misunderstanding and conflict through the ages (Chejne, p. 961). Literary works have been written, and films have been produced, which neighbouring countries cannot fully share with each other because the language is so different. There is an on-going tension between a drive to preserve conservative values and culture, as in Saudi...
2 Pages(500 words)Essay

Poster presentation

...Poster Presentation: Starbucks I. The business The business that is chosen is Starbucks. The poster chosen is the depiction of actual product of Starbucks with the store and customers behind its background. This poster makes a good poster about Starbuck’s environment because its background is a good representation of the actual environment it operates in. How does the internal and external environment affect marketing? The environment is the “playing field” or market reality of which a business operates in. Environment determines the kind of strategy that marketing will be using for the company to become successful in the market. Accurately determining the...
6 Pages(1500 words)Essay

A2 EXCEL DRAFT

...A2 EXCEL DRAFT Number Lecturer This is a memo for a cost benefit analysis for the Human resource department of Arapahoe County.The cost benefit analysis is aimed at changing the way benefits are provided on an experimental basis. An experiment (pilot) study was carried on the human resource department of Arapahoe County using 5 employees. Essentially, each employee in the department is given salaries and wages, employee benefits and the staff FTE. For purposes of the experiment, the figures for the salaries and wages, Employee benefits and staff FTE were obtained from the adopted budget for the year 2014. These figures provided the basis for calculation of the individual employee earnings, contributions and benefits as...
5 Pages(1250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Produce a research poster of A2 size on a commodity for FREE!

Contact Us