stimulus package

Examples of stimulus package in the following topics:

• Evaluating the Recent United States Stimulus Package

  • The American Recovery and Reinvestment Act of 2009 (ARRA), otherwise known as the Stimulus or The Recovery Act, was an economic stimulus package was signed into law on February 17, 2009.
  • The approximate cost of the economic stimulus package was estimated to be $787 billion at the time of passage, later revised to $831 billion between 2009 and 2019.
  • The primary justification for the stimulus package was to minimize unemployment.
  • One year after the stimulus, several independent firms, including Moody's and IHS Global Insight, estimated that the stimulus saved or created 1.6 to 1.8 million jobs and forecast a total impact of 2.5 million jobs saved by the time the stimulus is completed.
  • Since the stimulus only is impactful when the money is actually spent, delays could have reduced the overall effectiveness of the stimulus.

• The Stimulus Package and the Occupy Movement

  • While Obama initiated a stimulus package to pump money into the weakened economy, protesters voiced their dissatisfaction with the growing income gap.
  • On February 17, 2009, Obama signed the American Recovery and Reinvestment Act (ARRA) of 2009, a $787 billion economic stimulus package aimed at helping the economy recover from the deepening worldwide recession.
  • The Congressional Budget Office and a broad range of economists credit Obama's stimulus plan for the economic growth during these years.

• Recovery

  • The objective of economic recovery when in crisis is to stabilize the economy and recapture the value lost using economic stimulus strategies.
  • The objective of economic recovery when in crisis is to stabilize the economy, and from there recapture the value lost through economic stimulus strategies while addressing the factors which contributed to the collapse in the first place.
  • The stimulus package can be broken down via the attached figure in regards to monetary investment in specific places , totaling $831 billion (USD) between 2009 and 2019.

• Packaging Considerations

  • Andes mints are just one example of excessive packaging used to misrepresent the amount of product inherent in a package, making the package appear to have more product than it actually does.
  • Packaging should be used only where needed.
  • Packaging plays an important part in preventing loss or damage to the packaged-product (contents).
  • Packages should not be littered.
  • Packaging engineers continue to work toward reduced packaging.

• Introduction to minimizing packaging

  • The purpose of packaging is to protect a product and keep it fresh.
  • The three most common types of packaging are:
  • Despite the benefits that packaging provides, many products are ridiculously over-packaged, which is annoying to those who have to pay to throw it away.
  • Wal-Mart, for example, received quite a bit of favourable publicity when it unveiled a packaging ‘scorecard' to its suppliers demanding that they reduce their packaging by at least 5% (Wal-Mart discovered that up to 20% of its garbage was directly attributed to packaging waste).
  • The new package is more cube-shaped, which lowers packaging expenses by 10–20 cents per container.

• Defining a Brand

  • ., logo, color, shape, letters, images) work as a psychological trigger or stimulus that causes an association to all other thoughts we have about this brand.
  • However, in mass-marketing, this concept originated in the 19th century with the introduction of packaged goods.
  • This enabled the packaged goods manufacturers to communicate that their products should be trusted as much as local competitors.

• The Purposes of Packaging

  • Information transmission: Packages and labels communicate how to use, transport, recycle, or dispose of the package or product.
  • Some packages and labels also are used for track and trace purposes.
  • Some packages contain desiccants or oxygen absorbency to help extend shelf life.
  • Packages can be engineered to help reduce the risks of package pilferage.
  • Describe the various uses of product packaging within a branding context

• Basic Principles of Classical Conditioning

  • Classical conditioning is a form of learning whereby a conditioned stimulus (CS) becomes associated with an unrelated unconditioned stimulus (US), in order to produce a behavioral response known as a conditioned response (CR).
  • The conditioned response is the learned response to the previously neutral stimulus.
  • The unconditioned stimulus is usually a biologically significant stimulus such as food or pain that elicits an unconditioned response (UR) from the start.
  • The unconditioned stimulus was the sight or smell of the food itself.
  • The conditioned stimulus was the ringing of the bell.

• Packaging and Labeling

  • Packaging refers to the physical appearance of a product when a consumer sees it, and labels are an informative component of packaging.
  • Information transmission: Packages and labels communicate how to use, transport, recycle, or dispose of the package or product.
  • Some packages and labels also are used for track and trace purposes.
  • Packages can be engineered to help reduce the risks of package pilferage.
  • Packaging refers to the physical appearance of a product when a consumer sees it, and labels are an informative component of packaging.

• Reducing the costs and waste of extraneous packaging

  • Since packaging produces a substantial amount of waste, and waste is always a sign of wasted money, reducing packaging material is a good way for a business to decrease its expenses.
  • For example, the British government's waste advisor (WRAP) states that food and drink packaging waste in UK supply streams amounts to 6.6 million tons of material and costs £5 billion annually.
  • To combat this waste, food retailer giant Tesco introduced trayless bags for chickens that reduced packaging by 68% resulting in 540 fewer Tesco delivery vehicles on the road.
  • Also at Tesco, tomato purée tubes no longer come in cartons, which reduces packaging by 45%.
  • And lightweight wine bottles now reduce glass usage by 560 tons (even double-concentrated drink mixes have resulted in smaller and lighter packaging which further decreases delivery numbers).