Effect of Government Policies on Pricing Strategies

Effect of Government Policies on Pricing StrategiesLong-Term Investment DecisionsApril BarnesDr. Bernadette West gazumpIn this paper I will go forthline a plan that managers in the low-calorie microwaveable nutriment company could follow when selecting pricing strategies for making their products as dead as possible. I will then examine the major effects that government policies drive on occupation and employment. I will predict the say-so effects that government policies could have on the company. Afterwards, I will determine whether or non government regulation to ensure comme il fautness in the low-calorie microwavable food industry is needed and cite the major reasons for government involvement in a market thriftiness. After I will examine the major complexities that would burn down under expansion via smashing projects and propose key actions that the company could take in order to prevent or address these complexities. Lastly, I will propose the substantive modal val ue in which the company could create a convergence between the interests of stockholders and managers and indicate the more or less likely impact to profitability of such a convergence.Outline a plan that managers in the low-calorie microwaveable food company could follow when selecting pricing strategies for making their products as inelastic as possible. Provide a rule for your response.The determine elasticity of demand affects a companys pricing strategies by determining the optimal profit margin. Price elasticity of demand defines the head of change of demand in relation to the change in price of a product. The higher the elasticity, the higher the demand fluctuates in response to price. In general, most companies would like for their products to be inelastic. When a product is inelastic, the price of the good may increase, while the supply and demand of the product are unaffected. In former(a) words, if the price of a product were to go up, consumers would still buy the pr oduct, as well as if the product price were to go down, consumers would still buy the product (Investopedia nonresilient, 2014). When considering the inelasticity of a product it is important to select the proper pricing strategy. When it comes to selecting the best pricing strategy, it is best to first understand what consumers are impulsive to spend on a product. This can be done by conducting market research and surveys. Managers can also select the pricing strategy by making reasonable assumptions base on historic purchases and patterns. Then managers should consider the competition and the quality of their products. If the competitor sells a product with high quality at a certain price, it is not feasible to sell a similar product with lower quality at a higher price point. The managers should first plan to sell to each one unit or product at the lowest price possible while still being able to break even and pay for entirely of the companys expenses. When it comes to price strategizing, there is no potential for price discrimination. Price discrimination occurs when a seller sells a product for the highest price the consumer is willing to pay for (Investopedia Price Discrimination, 2014). When it comes to a microwaveable food company, there is no reason to sell products at different prices for each customer as it is also illegal. meditate the major effects that government policies have on production and employment. Predict the potential effects that government policies could have on your company.Government regulations and policies can have a positive as well as a negative impact on production and employment. when imposed on businesses substanti entirelyy increase production and operating costs of the business which could result in reduced operating and economic profit, earning per share, earning stream, dividend and eventually market equity value for shareholders. The United States regulatory niggardliness has contributed to loss of U.S. manufacturi ng firms competitiveness in the international markets. This loss of competitiveness is believed to be reflected in declining exports, increasing imports and a long-term movement of manufacturing capacity from United States to other countries. As mentioned, government policies can have a positive impact as well, for example the food safety regulations. The food safety regulations are standards and procedures that companies must(prenominal) follow to maintain a safe and sanitary environment for employees as well as for the consumers who purchase the products (Food Safety Program, 2014). Food safety consists of regulating prepping, handling, and retentiveness of food in ways that prevent foodborne illness and other sicknesses. If these rules were not in place, companies would manage food in any way they please and could potentially get consumers sick and face numerous lawsuits.Determine whether or not government regulation to ensure fairness in the low-calorie microwavable food indus try is needed. declare the major reasons for government involvement in a market miserliness. Provide deuce (2) examples of government involvement in a similar market economy to support your response.Government regulation is needed to ensure fairness in the low-calorie microwavable food industry. Government involvement is needed in a market economy to maintain social efficiency and equity. Social efficiency is attained at the mark where the marginal benefits to consumers for either production or consumption are kindred to the marginal costs of either consumption or production. Matters of equity are challenging to evaluate due to the subjective assessment of what is and isnt a fair sharing of resources (Pearson Education, 2010). As similar to the automotive industry, the government regulates many aspects. The government regulates auto manufacturing, repair, maintenance, recycling, sales and dealerships. The government also has policies regarding environmental, safety, and import re gulations and standards (SBA, 2014).Examine the major complexities that would break under expansion via capital projects. Propose key actions that the company could take in order to prevent or address these complexities.Capital expansion is for the most part an investment in a major company that wishes to expand or restructure operations without losing control of the business. Some disadvantages that may be faced when undergoing capital expansion would be business owners potentially losing a percentage of the company, investors wanting to be a part of day to day discussions and decisions as well as company secrets revealed (G. Segal, 2013). In order to address these complexities, the company can set up regulations or contracts with the investors or equity partners stating the conditions and ownership of the company.Suggest the substantive manner in which the company could create a convergence between the interests of stockholders and managers. Indicate the most likely impact to pr ofitability of such a convergence. Provide two (2) examples of instances that support your response.One recommendation would be that the stockholders become very careful and adamant about the companys expenses and cash flow. By creating share owners out of management, executive management will take action in its greatest interest as a shareowner, in which will be of an advantage to all equity investors (M. Anson, 2004). Creating share owners out of management would likely survive a merger or capital expansion because this gives the opportunity for the owners and investors to work together and coerce decisions that are best for the company.ReferencesDOH (2014) Food Safety Rules and Regulations retrieved on March 8, 2014 from http//www.doh.wa.gov/CommunityandEnvironment/Food/FoodWorkerandIndustry/FoodSafetyRules.aspxG. Segal (2013) WHAT ARE THE PROS AND CONS OF USING EQUITY CAPITAL? retrieved on March 8, 2014 from http//chironthebusinessdoctor.com/the-pros-and-cons-of-using-equity-ca pital/Investopedia (2014) Inelastic retrieved on March 8, 2014 from http//www.investopedia.com/terms/e/inelastic.aspInvestopedia (2014) Price Discrimination retrieved on March 8, 2014 from http//www.investopedia.com/terms/p/price_discrimination.aspM. Anson (2004) ALIGNING THE INTERESTS OF AGENTS AND OWNERS AN EMPIRICAL EXAMINATION OF EXECUTIVE hire retrieved on March 8, 2014 from http//iveybusinessjournal.com/topics/governance/aligning-the-interests-of-agents-and-owners-an-empirical-examination-of-executive-compensation.Uxuyo_ldUucPearson Education (2010) Reasons for Government Intervention in the Market retrieved on March 8, 2014 from http//wps.pearsoned.co.uk/ema_uk_he_sloman_econbus_3/18/4748/1215583.cw/SBA (2014) Automotive retrieved on March 8, 2014 from http//www.sba.gov/ limit/automotive1

Impact of Brand Extensions

impact of speck ExtensionsLaunching grease point of references atomic number 18 a bit like having kids just because you can doesnt mean you should. But if the conditions ar right, and everything is thoroughly prep ard and though d adept, then it can be terrifically rewarding Rory Sutherland, Creative Director, Ogilvy One, as cited in (Miller Muir, 2004). Initially, stigmatise extensions begun in the luxury goods industry, when the french haute couture fashion houses started diversifying to jewelry, watches, cosmetics and access codeories. In 1921, French luxury fashion house Chanel launched its first perfume, Chanel n5 and it remains until now one of the best-selling perfume in the world, enhancing the luxury reputation of the sword.In the last few years, many luxury fashion houses have launched new ventures in launchliness to expand their recognizability outside their habitual area of activities i.e., clothing, cosmetics and accessories. This process induced by evol ving to new spaces much(prenominal) as hotels, bars, or restaurants where pot can experience a special mood often in unbending relationship with the philosophy of the discolouration. With the success of many luxury daubs entering the hospitality industry such as Bulgari, Versace, this research paper seeks to analyze Guccis print extension and advise the head of directors on the impacts of extending to the hospitality business. Founded in the 1920s, Gucci has become one of the worlds leading luxury fashion blades. With a renowned reputation for design, lineament and Italian traditional expertise, the station offers a wide range of fruits (clothing, handbags, shoes, timepieces, jewelry and skis). Gucci covers all aspects of product launching, from designing, through manufacturing, and distribution. (Kering, 2013)In the study of the arguments for and against, the researcher will take care patsys that have intended this diversification earlier to get an indication of the imp acts of undertaking such a project. The key strategy used to examine the outcomes of progressing the Gucci group into the hospitality industry is the instigator extension strategy (Aaker Keller, 1990, pp. 27-41) that the researcher will enhance by applying the mixed bag theory (Smith Medin, 1981). Furthermore, previous examples of failure or success of tick diversification will be discussed as in essential to avoid pitfalls and has an influence on the decision. Among these examples, the Golden Arch Hotel, case of McDonalds extends to the hospitality industry.In order to better conduct the research, the major first step is to clearly define the research ingests and objectives. The Aim is what the paper wants to achieve depending on the business question, while the Objectives fare how the aim is going to be achieved (Manchester Metropolitan University, 2008). The next section will focus on both parts so as to build the construction and serve as a guiding line for the rest of t his essay.Aim ObjectivesAimThis research project aims to analyze whether a luxury brand such as the Gucci group, should extend their products and services into the hotel industry in order to follow the path previously experienced by the Armani group in Dubai.ObjectivesTo determine if the brand extension strategy successively fits the group if it is compatible with the core brand and company goals, as diversification can enable a business to access new revenue streams.What is Brand extension theory?The conceptual modelDoes it apply to the Gucci Group?What are the costs of such a process?What are the benefits and limitations?What are the competitors? (SWOT Analysis)To critically review if the Italian lifestyle and the prestige of Italian fashion industry constitute important elements of cultural heritage that can be productively employed in the fields of leisure and hospitality marketing.Does the brand equity apply to the Hospitality Industry?What variables influence consumers percep tions about the acceptability of brand extensions?How similarity and consumer innovativeness may affect the brand?To analyze whether brand extension strategy is a proper tool to keep the brand up to day of the month whilst the organization adapt to market changes.Does extending to the hospitality industry risk making it lose its relevance and appeal?Is the brand strong enough to guarantee roaring brand extension? (Case study of McDonalds adventure in the hotel industry)Will it improve overall brand image or damage brand identity? literary productions reviewBrand Extension StrategyThe pilot film definition of a brand, as cited by Aaker, is a distinguishing name and/or symbol (such as a logo, motto, package design or trademark) intended to identify the goods or services of one seller, and to differentiate those goods or services from those of the competition (Aaker Keller, 1990). A brand extension is defined when a company uses an existing brand name to introduce a new product (Vu kasovic, 2012), as well as, when an existing brand is have with a new brand when introducing a new product (Keller, 2008). Consumer Behavior Seminar, regrouping a number of contributors, first introduced brand extension in 1987. They were trying to recognize how consumers extend prior associations about a companys brands to new products offered by the same firm (Boush, et al., 1987). Nowadays, brand extensions might be one of the most researched and impacting areas of marketing (Elliott Percy, 2007).Brand extension is considered to be the most attractive marketing strategy indeed, it enables to reduce the launching cost of introducing new products by compensating with the consumers perception and awareness of the parent brand (Lassar, Mittal, S misusea, 1995). Therefore, a successful brand extension will allow manufacturers to take advantage from this by gaining a higher expectation in the consumers mind and check up on more shelf space for their brands. It has also been determ ined that the least whole step variation in product diversification is likely to gain more consumers than when the product lines are distinguishable (Lassar, Mittal, Sharma, 1995). The implementation of this strategy will result in lower advertising costs for the extended brand as well as higher sales because of the knowledge experience of the brand.Nonetheless, numerous researchers agreed that luxury brand extensions have been left behind. Even though the luxury brands were the first to initiate brand extensions by extending their haute couture brand to accessories, cosmetics, watches and jewelry, and though brand extensions are the essence of an organization model of the luxury haute couture brands (Uggla Lashgari, 2012), yet the main researchers that were conducted were either relating about a non luxury brand or a venture between a luxury and a non-luxury brand, which has some particular limitations (Stankeviciute Hoffmann, 2011).Previous findings on the impact of brand exte nsions on the luxury parent brand will be introduced, followed by a focus on the categorization theory and a self-created conceptual model.The Impact of Brand Extensions on the Luxury Parent BrandIt has been proven that luxury brands may be compromising their reputation while diversifying and targeting a wider market share. We bring down well-known luxury brand Pierre Cardin who fall into every consumers reach goods by utilise his notoriety in marketing a commercial quality of hundreds of products. This can be understood by high quality non-personal needs when customers wish to buy products, not available to a broader public (Dubois Paternault, 1995).In order to strengthen the core luxury brand image of the parent brand, luxury brand extensions are often attempted, thus, the relationship between consumers and the luxury brand mustiness be strengthened. In a study in 1995, Elyette Roux intended to measure the impact of luxury brand extensions on the parent brand image through bra nd prestige, brand confidence and desirability (Roux, Consumer Evaluation of Luxury Brand Extensions, 1995). In order to do so, Roux predicted that she could use conceptual fit, transferability, and perceived quality of original brand as variables.The results proved that brand confidence is only influenced by the conceptual fit approach. Thus, only luxury brand extensions that are in strict correlation to the build brand confidence and the parent luxury brands expertise will have a positive outcome on the parent brand. If extensions are uncertain, brand image dilution will happen due to brand confidence decrease.Brand prestige is mainly anticipated by brand quality and conceptual fit. On a lower extend, transferability contributes in a significant way to brand prestige. Only acknowledged luxury brand extensions will enrich brand prestige, assuming the luxury brand possesses the ability to substitute its credentials and has quality reputation. Luxury brand extensions are facing many challenges to extend target markets (Dubois Paternault, 1995). The aim is to increase consumers need for this specific brand. Brand perceived quality and conceptual fit are the main predictors for desirability.The decrease of brand desirability will harm the luxury brand image.People devoting to buy luxury brands for pretention motives, will remove their demand off these brands. Globally, the results proved that brand prestige brand confidence and brand desirability are significantly linked with the nature of luxury brand extensions (Boush, et al., 1987).In 1996, Roux went a step further, expanding the study on the impact of brand extensions on a luxury fashion brands confidence, prestige and desirability balanced by the use of consumers knowledge level. The hypothesis was not supported, it involved that more knowledgeable people would give the parent brand elements more extreme evaluations. This hypothesis approves that consumers are attracted to buy luxury fashion brands because of their emotional benefit and image influence. Furthermore, the study states that brand prestige desirability and confidence, when used as purchase intention variables, have no relationship among each other. (Roux Boush, The Role of Familiarity and Expertise in Luxury Brand Extension, 1996).The Categorization TheoryCategorization enables a large variety of subordinate functions because classifying something as a family member grants people to bring their knowledge of the category to focus on the new entrant (Smith Medin, 1981). The step in which any cylindrical object is determined as a flashlight allows you to understand the Categorization theory. Therefore, people trend to predict its parts, trace its functions, and presume its behavior (Cheah Phau, 2008). Once people have categorized some new entity, for example, they may be using suitable knowledge for prediction and acceptation. For example, you can easily assume that the cylindrical object set as a flashlight will have on e battery at least, will have some kind of interrupter, and will basically produce a beam of light when the switch is pressed. People do not only categorize to accept new market entrants, they also use the new entities to modify and update their concepts. In a nutshell, categorization supports development (Medin Rips, 2005).The Conceptual ModelThis conceptual model was proposed by the researcher in order to better understand the impact of brand extensions on the parent brand equity of luxury brands. As brand extension affects the four outcomes, these interact in a certain way.Figure The impact of brand extension

An Analysisi of Guy de Maupassants the Necklace Essay -- essays rese

Guy de Maupassants "The Necklace"During the course of Guy de Maupassants short composition "The Necklace," the main character, Matilda Loisel, threads a number of ironic discoveries. In addition, there are other discoveries that the reader makes but Matilda does not. The discovery that forms the storys climax concerns the true nature of the necklace she has borrowed from her friend Mrs. Forestier. But this is perhaps not the most important lesson of this story.As the story opens, Matilda, a young middle-class wife who aspires to join the upper ranks of society, is finally invited to a high-society affair given by her husbands employer. Hoping to impress her guests and thus "fit in", she borrows a beautiful diamond necklace from her friend Madame Forestier. Unfortunately, during the course of the evening, the necklace is lost. Rather than confront her friend directly with the story of her carelessness, she and her husband scrape together every number of mo ney they can. As de Maupassant explains, "Mr. Loisel possessed eighteen thousand franks which his father had left him. He borrowed the rest. He borrowed it, asking for a thousand francs of one, louver hundred of another, five louis of this one, and three louis of that one. He gave notes, made ruinous promises, took money of usurers and the whole race of lenders. He compromised his whole existence, in fact, risked his signature without even knowing whether he could make it good or not, and, ha...

Analyzing the Priceless MasterCard Advertisements :: Advertising Business Marketing GCSE Coursework

Analyzing the Priceless MasterCard Advertisements They tell how much it will exist you to buy one thing and then another, overwhelming you with the cost of life. They then reveal to you the priceless moment that comes from all of this cost. Can you guess which advertisements I am talking about? Thats right, MasterCard commercials The commercials titled Spending timberland Time with Your Family, Leaving Your Cash At Home, One Stadium Down, 29 To Go from MasterCards priceless ad campaign, just reel you in with that priceless moment. Well you would never guess just how many tactics they use in one commercial just to suck you in. They use many little clever details in golf-club to appeal to people and convince them that they want to use their company and not someone elses. These MasterCard advertisements argon targeted towards an American audience whether the audience be families or the youth of America. American values and interests, along with a variety of visuals, te xt, and subject matters are incorporated in order to do this. The ads also appeal to these audiences through emotion and logic. By using all of these different tools, MasterCard is able to create a commercial to convince a mass of people to use their company without thinking any further than the commercial that just flashed before their eyes.The ads are centered on todays American society. These specific MasterCard ads target Americans through values and interests that make up their culture. One example being the use of The Simpsons show for one of these ads. Most Americans are very familiar with the Simpson family and therefore can relate to the advertisement. Also, the idea of having extra time to spend with your family is incorporated into the advertisement. This is very effective in capturing the audience because family is wide valued within American society. Another effective reference that is used is towards baseball. Baseball is huge in the United States and everyon e either watches it or knows someone who does. By using these references MasterCard is able to create commercials that the creators audience can relate to.The authors of these commercials are a group of people hired by MasterCard to think the catchiest and most productive commercial. Their purpose is to create advertisements that are targeted towards and specific audience and then to capture that audience.

MacBeth :: Character Analysis, Classics

In Shakespeares Macbeth, the three witches give Macbeth a false sense of security with their traces of truths. Instead, they prove to be harmful for Macbeth who takes overly much comfort and confidence in his interpretation of the truths. In the first apparition, a floating head warns Macbeth to beware Macduff. The apparition confirms Macbeths own fears maxim he has already guessed as much. In the second apparition, a bloody child tells Macbeth, None a woman innate(p) shall harm Macbeth (4.1, p. 96). Believing everyone is born(p) of woman, Macbeth takes relief in the idea that he will never be harmed. Although, the apparition does provide a truth, but unbeknownst to Macbeth, Macduff was not of woman born rather from his mothers womb / untimely ripped (5.9 p. 349). Macduff was born through cesarean section after his mother died hence the bloody child in the apparition. In the third apparition, a crowned child holding a tree, tells Macbeth he is safe until Birnam wood moves to Du nsinane Hill. Again, the apparition deceives Macbeth the way he perceives it thinking Birnam Wood cannot move to Dunsinane Hill. Later, a messenger tells Macbeth the trees of Birnam wood are advancing toward Dunsinane. Malcolms soldiers carry the tree branches to Dunsinane making the apparition truthful. The crowned child in the apparition is Malcolmthe future king after Macbeth. Finally in the last apparition, a procession of eight crowned kings walks by, the last one carrying a mirror. Banquos shadowiness walks at the end of the line. The witches vanish before Macbeth could get a meaning behind the apparition.

Essay --

There ar three main reasons why nurses take leave their profession in the hospital. The first reason is the relationships between unseasoned(prenominal) co-workers and physicians. Relationships may turn into a problem of miscommunication, which can cause major problems when communicating to virtuoso an some other and for the patients sake. Dr. Kerfoot states that relationship complications may lead to nurses fighting among themselves and not encouraging one another, (Beckers Hospital Review). Another reason for nursing turnover is staffing. In staffing, nurses may feel that their personal standards are not met by other workers and feel unworthy. Hospitals may also have acceptable staffing levels solely unsystematic units, which can make giving orders a pain. The last reasons that many nurses leave their line of reasonings are due to personal reasons. A nurses job is very stressful and can cause nurses to become fatigue, and dislike their flow rate jobs nurses are addicted to making mistakes and medical geological faults (ANA, 2014). Nursing shortage and nursing turnover can deeply affect the time to come conduct of a patient and the concord in the healthcare system. Healthcare facilities take awareness of the situation among nurses and chose to prolong out the situation in specific ways. Contributing Factors to Nursing Shortage Nursing shortage is a crisis in hospitals nationwide. The main contributing factors on the current shortage are the steep population growth resulting in a growing motivation for health care services, a diminishing pipeline of fresh nursing students, and an aging nursing workforce (Honor Society of Nursing, 2013). Many new managers want new nurses who are worth half the price as older workers also many old workers are ready for retirement, so they are required to be paid more. Many ... ...ills of the manager can be divide into simple categories of leadership skills, people skills, budgeting and finance, quality of care skills, and information technology skills. According to Porter-OGrady (1997, 1999), he observed that advanced knowledge of technology has provided and changed the traditional power structure of leadership (Susan O. Valentine, 2013). Todays technology takes grammar, spelling, and punctuation to a new level of error prevention, which can help reach out to key individuals and other staff members. For nurse managers, people skills include interviewing new employees and conducting staff meetings with others on future employees. Understanding the financial state of a health care unit is vital in finding a way to help keep other nurses and to keep them satisfied. Managers should analyze the situation and the budget crisis of all employees. attempt -- There are three main reasons why nurses leave their profession in the hospital. The first reason is the relationships between other co-workers and physicians. Relationships may turn into a problem of miscommunication, which can cause major problems when communicating to one another and for the patients sake. Dr. Kerfoot states that relationship complications may lead to nurses fighting among themselves and not supporting one another, (Beckers Hospital Review). Another reason for nursing turnover is staffing. In staffing, nurses may feel that their personal standards are not met by other workers and feel unworthy. Hospitals may also have acceptable staffing levels but unsystematic units, which can make giving orders a pain. The last reasons that many nurses leave their jobs are due to personal reasons. A nurses job is very stressful and can cause nurses to become fatigue, and dislike their current jobs nurses are prone to making mistakes and medical errors (ANA, 2014). Nursing shortage and nursing turnover can deeply affect the future care of a patient and the concord in the healthcare system. Healthcare facilities take awareness of the situation among nurses and chose to carry out the situation in s pecific ways. Contributing Factors to Nursing Shortage Nursing shortage is a crisis in hospitals nationwide. The main contributing factors on the current shortage are the steep population growth resulting in a growing need for health care services, a diminishing pipeline of new nursing students, and an aging nursing workforce (Honor Society of Nursing, 2013). Many new managers want new nurses who are worth half the price as older workers also many old workers are ready for retirement, so they are required to be paid more. Many ... ...ills of the manager can be divided into simple categories of leadership skills, people skills, budgeting and finance, quality of care skills, and information technology skills. According to Porter-OGrady (1997, 1999), he observed that advanced knowledge of technology has provided and changed the traditional hierarchy of leadership (Susan O. Valentine, 2013). Todays technology takes grammar, spelling, and punctuation to a new level of error prevention, which can help reach out to key individuals and other staff members. For nurse managers, people skills include interviewing new employees and conducting staff meetings with others on future employees. Understanding the financial state of a health care unit is vital in finding a way to help keep other nurses and to keep them satisfied. Managers should analyze the situation and the budget crisis of all employees.

The Lamb Essay -- essays research papers

A time lost in its own morals, seeks refuge in the knowledge and innocence of the past. William Blake utilise direct dictation through his poem, THE LAMB, in disseminating his theorem, which we, humans, seek to find peace within our selves only after reestablishing our identity with something pure. In the poem William Blake uses the Lamb, as a vessel, to interpret the innocence, we would seek to use. The speaker is seeking answers to his questions, to the highest degree how the lamb gained such natural innocence. Blakes biblical reference is also clear although one and only(a) may possibly, with out major knowledge of biblical testaments, know that Adam and Eve both sinned therefore damning all mankind to ceaseless suffering. This eternal suffering is what the speaker may be trying to express, envy for the lambs godlike quality and innocence that it still retains, unlike the speaker a human by default.Lamb Lamb, who made thee? A rhetorical question to ponder upon, not to seek a n answer. To ask the lamb its self who made thee? it may answer My mama. Although William Blake may have not intended such simplistic interpretation William Blake may have sought scholarly biblical heap to read and interpret that single line as a passage to his chamber of innocence, and metaphorical visions of happiness. Throughout the poem the speaker continues to haggle the lamb about its nature, as if to repress the lambs self worth. The lamb is seen as...