The Impact Of Social Media On Business Essay - 965 Words

Introduction Today, many businesses are experiencing the effects of social media. Government, businesses, and communities interact through social media and use it to access their investors and potential customers. According to Donovan (2016), â€Å"Most types of businesses today make use of different tactics and techniques to make a significant exposure of their website to its target customers.† The goal is to use social media to maximize their potential in order to be one of the strongest participants in the business world. Problem Statement The purpose of this report is to show that even though some state that Social Media has fallen short of their expectations, it is actually good for business, given that it enhances the visibility of their brand and helps businesses stay connected to potential customers. Scope The Finders has identified that Social Media is good for business and will consider using the tools that have been stated in this report to communicate with target audiences. The Finders encourages using Social Media to advance the goals of The Finders and its mission where applicable. Analysis Social media is out there to help us every day. People can use it to research nearly everything, for example things like communication and even business marketing. There are many channels of social media. A few examples are Facebook, Twitter, LinkedIn, and YouTube, just to name a few of the popular ones. This study shows the performance of social media tactics according toShow MoreRelatedImpact Of Social Media On Business Essay1288 Words   |  6 Pagesin the direction of social media. Now, more than ever, consumers are wary of businesses and advertisements. As a result, the trust falls to a third party – a brand or person who is not affiliated with the company receiving the promotion. What does that mean for your business? Businesses are encouraged to become their consumers’ friends, chatting about a product or something related, in a manner that is non-threatening, and even enjoyable. The most effective way for a business, no matter the sizeRead MoreSocial Media And Its Impact On Business1641 Words   |  7 Pagesof and use social media they only think of it from a personal view. However, more and more companies have discovered that this electronic network can be used for business purposes as well. Social media can provide a platform for companies to share knowledge and opinions, and announce information to their audience of followers. It can also generate valuable data about how a company’s customers think, shop, vote, and spend their leisure time. Many companies have incorporated social media in their businessRead MoreThe Impact Of Social Media On Business Essay1644 Words   |  7 PagesThe relentless emergence of the diverse Social Media platforms has been impacting the way people and businesses interact and communicate with each other. The purpose of the paper is to highlight the dynamics by which businesses and particularly Business to Business (B2B) companies attract customers and promote their products and services to them using social media. With an increasing competitiveness in various fields and the innovative ways marketers use to bring new prospects, some businesses haveRead MoreImpact Of Social Media On Business2529 Words   |  11 Pagesknown as social media. Social media supports interpersonal communication and collabor ation through the use of internet-based platforms. Facebook, LinkedIn, Twitter, and Instagram are some of the well-known sites that are used by hundreds of millions of people. Although only 18 percent of managers believe that social media is important for their business today, more than 63 percent assert that they will be important for business within three years (Kiron et al. 2012). The economic impact of social mediaRead MoreSocial Media Impact on Business10631 Words   |  43 PagesContents: 1. Introduction 2 2. Social Media and Business 2 3. Types of Social Media and Their Importance for Companies 4 4. Social Media Functionality Blocks and Their Implications for Companies 7 5. Social Media and Information Half-life and Depth 10 6. LinkedIn Poll 12 7. Recruitment and Search for Talent 13 8. Advertising and Brands Enhancement 17 9. Customer Profiling and Customer Service and Realtionship Management 21 10. The Future of Social Media 25 11. Conslusion 28 12. References 29 1Read MoreImpact Of Social Media On Business1820 Words   |  8 PagesImpact of Social Media on Business: Effects of Social Networking Sites on Organisational / Academic Performance of London College of Business Management and Information Technology (LCBMIT) Index 1. Introduction 2. Background 3. Research Objectives and Methodology 4. Conclusion 5. References 6. Appendix A Introduction: The present study investigates the effect of use of Social Networking sites on organisational performance of LCBMIT. Blogs, tweets, moodle, and discussion boards, facebook updatesRead MoreSocial Media Impact on Business10637 Words   |  43 PagesContents: 1. Introduction 2 2. Social Media and Business 2 3. Types of Social Media and Their Importance for Companies 4 4. Social Media Functionality Blocks and Their Implications for Companies 7 5. Social Media and Information Half-life and Depth 10 6. LinkedIn Poll 12 7. Recruitment and Search for Talent 13 8. Advertising and Brands Enhancement 17 9. Customer Profiling and Customer Service and Realtionship Management 21 10. The Future of Social Media 25 11. Conslusion 28 12. ReferencesRead MoreImpact Of Social Media On Business Essay2383 Words   |  10 Pagestechnology expands, companies and business are gravitating more toward implicating the use of social media. The use of social media can be extremely beneficial to consumers and the business its self. Some of these benefits are the expansion of a business consumers, easier ways for employers to scout out potential employees. Social media also widens the sales market and improves customer satisfaction. Technology will continue to progress and so will the realms of social media. This study will answer theRead MoreImpact Of Social Media On Business Essay1461 Words   |  6 Pageshandbags, cosmetics, haute couture and perfumery among others. A lot of luxury shoppers are currently using the social media to discover new brands while recommending to their friends. It is, therefore, crucial to understanding the needs of the audience and what drives them as they use social media platforms. Social media analytics is a valuable tool in understanding the trends of social media and what a company can do to weigh its audience (Anstead and O#39;Loughlin, 2015, p. 204). The objectiveRead MoreThe Impact Of Social Media On Business1720 Words   |  7 Pageswith the creation and evolution of social media. Social media websites such as Facebook and Twitter allow for a greater interaction between businesses and their customers. There are many different ways that businesses use social media today to promote their brand. For example, some companies offer special promotions for their social media fans. The number one focus when using social media is communication between current and potential consumers and the business itself. This may be in the form of

Childbirth During The Nineteenth Century Essay - 1330 Words

The idea of childbirth has been viewed in three peculiar ways: a social natural occurrence, as a passage to an early death, and in present times a medical procedure needed when having children. In the seventieth and eighteenth century childbirth was seen as a social celebration conducted by midwives, while in the nineteenth century fear of death arose due to an increase of maternal mortality rates. This time period also served as a transition time between the elimination of the midwife and the emergence of the physician. The transition was due to attitude changes and knowledge understanding. During the twentieth century, medical knowledge expanded and thus the idea of childbirth was medicalized into a medical procedure needed to have healthy children. Childbirth once seen as a natural phenomenon was now an event that needed medical attention by health facilitators at institutions of health. The ideas around childbirth developed based on the knowledge, cultural setting, mortality rate s, and professionals available at the time. Based on these ideas it is easy to see how social and behavioral aspects influenced childbirth throughout the seventeenth, eighteenth, ninetieth and twentieth centuries. In addition, the communities’ views on childbirth were influenced by the development of public health infrastructure, public health policy advancement and how well public officials were able to disseminate information. In the colonial era, the majority of women spent their livesShow MoreRelatedThe Idea Of Childbirth Over Time Essay1611 Words   |  7 PagesThe idea of childbirth over time has been viewed in at least three different ways: as a social natural occurrence; as a passage to an early death; and in present times as a medical procedure needed when having children. In the seventeenth and eighteenth century childbirth was seen as a social celebration conducted by midwives, while in the nineteenth century fear of death arose due to an increase of maternal mor tality rates. This time period also served as a transition time between the eliminationRead MoreWolffs Analysis of Chopins The Awakening647 Words   |  3 Pagesnot only Ednas motivations, but also those of nineteenth-century women in general. According to Wolff, Ednas repression can be traced to the gender crisis that developed within the Presbyterian church during the nineteenth-century. Unlike the Puritans who believed that female sexuality had to be controlled, Victorian Calvinistic-Presbyterians argued that respectable women possessed no sexual feelings - except those indirectly associated with childbirth. Women who displayed sexual tendencies were characterizedRead MorePregnancy And Childbirth, The 1800 s Vs. Now932 Words   |  4 PagesRobin Yates’s paper, â€Å"Pregnancy and Childbirth, The 1800’s vs. Now: What to Expect When You’re Not Expecting,† was filled with many clear points on the advancement of labor and medicine since the 1800s. This e ssay was filled with interesting and grabbing facts; however, the structure of the essay needs more support. The first sentence of this essay was grabbing, â€Å"Blood everywhere, screaming and yelling, is this a battlefield?† (Yates 1). It was an excellent choice to start this essay off with aRead MorePostpartum Depression : Post Partum Depression1599 Words   |  7 Pagesâ€Å"Thinking of Ways to Harm Her†, in the fifth-century B.C. Hippocrates thought that a maternal-related delirium was the result of uterine fluid reaching the head following childbirth. This earliest misunderstanding of postpartum depression would only continue through the years as mothers who displayed symptoms were branded as witchcraft victims or witches themselves during the Middle Ages (Belluck, â€Å"Thinking of Ways to Harm Her†). In the nineteenth-century the mental conditions â€Å"puerperal insanity†Read MoreMartha Ballard s Diary Online1222 Words   |  5 Pages Ballard, Martha (1785-1812). â€Å"Martha Ballard’s Diary Online.† Do History Archive. Martha Ballard, a famous Maine midwife, attended more than eight hundred births during her twenty-seven year tenure as sole midwife to her community. She journaled regularly over the course other adult life, yielding nearly ten thousand diary entries in total. This archive provides an unparalleled look into the role of the midwife in the delivery process. Additionally, several of Martha Ballard’s patients, especiallyRead MoreNatural Birth Versus Medicalized Birth1156 Words   |  5 Pagesand medicalized birth as being .. However, medicalized births are becoming increasingly popular in the United States. The use of technology and medical interventions in the birthing process has increased despite the unchanged basic physiology of childbirth. One of the most common medical interventions in the birthing process is having a cesarean delivery. Despite the known risks of having a cesarean section performed, the rates of this procedure have increased much higher than the acceptab le rateRead MoreWomens Rights in Great Britain815 Words   |  4 Pagesin active activity during the twentieth century. Women’s rights had been in the making since the eighteenth century. Some of the earliest documented words for Women’s rights appeared in a letter to John Adams by his wife Abigail Adams. During the making of the United States constitution (from the eighteenth to nineteenth century), she wrote to her husband and asked him to â€Å"remember the ladies†. The first state to permit women to vote in the United States (before the nineteenth amendment was drafted)Read MoreScarlet Fever Essay858 Words   |  4 PagesScarlet fever is an infectious disease that has made itself prevalent throughout history. Many different countries have been affected by outbreaks of scarlet fever in the past. In the nineteenth century, scarlet fever was a serious epidemic, but with better hygiene and modern medicine, it is rare to see today. Scarlet fever is a bacterial infection that causes a red rash on the skin. It is caused by a toxin producing organism called Streptococcus pyogenes. This organism is rarely seen in wellRead MoreThe Practice Of Managing A Woman s Care1200 Words   |  5 Pageswoman’s care both pre- and post-partum. A midwife may provide gynecological services as well as provide care for the baby immediately after childbirth. A midwife is responsible caring for and advising expecting mothers. Midwives help the mothers through vaginal births. Midwives have been present at childbirth throughout history. Up until the mid-nineteenth century women chose to have their babies delivered by midwives. Midwives served as a vital part of the community. By helping the sick, helping mothersRead MoreIn The Nineteenth Century, The Industrial Revolution Caused1043 Words   |  5 PagesIn the nineteenth century, the industrial revolution caused a sharp differentiation between gender roles. Men and women were thought to have completely different roles. Men were seen as workers while women were seen as home-makers. Men and women were totally opposites each other. Marriage was seen as the only proper locale for sex, and women didn’t have any rights in their marriage lives. Birth controls were absent, and abortion was forbidden since 1800s. Sex within marriage usually meant frequent

My Struggle Essay Example For Students

My Struggle Essay Since I was young, there have always been a struggle between my parents and I. This situation began when my father passed away when I was three years old. Ihave lived with my mother and Step-father ever since. Although I love them both,we do not always seem to see eye to eye on many issues. The cause of this is inpart due to my wild nature. I like to stay out late and do things that if caughtcould get me in lots of trouble. I am under the impression that they resent myrelationship with my grandmother. I like to stay often with my grandmotherrather than at home, which they do not understand. I have stayed with mygrandmother every weekend since my father became sick with cancer, in 1982. After my father passed away in 1983, I continued to visit her. My mother andstepfather both respect my fathers mother a great deal, and would do anythingfor her. But they fail to see why I want to spend so much time with her. Mygrandmother is a large influence in my life. She has, and still does, so muchfor me. Nanny has always had a big heart for her family, but no one is as closeto her as myself. Since I was two years old, my grandmother and I have gone outand done many things together. We have had many great memories together which Iwill remember for the rest of my life. We have gone out to eat, watched manybaseball games togather, bone bowling, amd many other things. If my parentscould only realize how strongly I feel about her and the time I spend with myher. I wish they could be a little more considerate of my feelings and not putme in the position that they often do. The relationship between my grandmotherand I has been tested many times. As I was getting older, my parents wou ld tryto find things that would keep me from visiting her during the. They would findthings such as mowing the lawn, washing cars, and doing house chores. Thesething they know I hate to do, but they seemed to want them done anyway. Thoughthey do not mind when I spend some time with my grandmother, they feel that Ishould spend more time with them. My senior year in high school was the timethat they really were getting to me. Nanny broke her arm one day when she felldown in the kitchen. Since then I have moved in with her. They felt that thiswas a bad decision. I do love my parents dearly, but I felt that it was the bestthing at the time. As of this day I do not regret the decisions that I have madein regards to spending time with my grandmother. I love and respect my parents,still but wish that they would not put me in the positions that they do. Since Ibegan attending college, my parents have been a little more reasonable about theentire situation. This does not mean that they do no t still give me a hard time. I just hope that by the time I finish with college they will understand how Ifeel, and not worry me about as much as they do.

Demand Effects On Product Categories-Free-Samples-Myassignment

Questions: 1.As a producer, why is it important to consider the price elasticity of demand of your product when setting the price you are going to charge? 2.Explain the difference between comparative advantage an absolute advantage. Answers: 1.Introduction Price elasticity of demand can be specified a measure applied to present the responsiveness or elasticity of the quantity demanded to change in its price. Present report revolves around the analysis relating to impact on the price elasticity of demand for the product while setting the price. Analysis Impact of price elasticity of demand for product while setting its price Price Elasticity of Demand is referred as a measure of change in quantity demanded corresponding to change in the price of the product after considering other factors of demand like income, customer choice, etc. constant. It can be said as an essential aspect for analysing the responsiveness of consumers regarding fluctuation of pricing (Gelp, Wilms Croux, 2016). The product is deemed to have elastic demand in case the change in price is significant to change in demand. It can also be said as that a small change in price leads to a greater change in quantity demanded. The specified scenario is vice-versa in the case of products having inelastic demand. It means a change in price does not have a significant change in demand for the product. Price elasticity is the main variant while ascertaining the price which is to be charged from the customer as an inelastic demand allows for a more varied mix of pricing which comprises promotional pricing and discounting (Gillespie, 2014). Further, the price is ascertained after considering the required profitability and desired market share. Conclusion Above study depicts that price elasticity of demand plays a vital role in ascertaining the price of the product. Thus is it essential for producer to consider this aspect to make optimum utilization of available resources and to make increase in sales. 2.Introduction This part of study will discuss comparative advantage and absolute advantage by considering relevant example and connectivity of the same with Production possibilities frontiers in order to explain trade benefits. Analysis Difference between comparative advantage and absolute advantage Absolute advantage refers to the capability of producing more products with the application of less resource in comparison of competing for the entity. On the other hand comparative advantage refers to the capability of producing or manufacturing a specific good at lower opportunity and marginal cost in comparison to another party. Suppose Nation 1 and Nation 2 have resources for producing either Computer or Mobile phones, but both options cannot be selected on the simulatneous basis. Nation 1 can make production of 40,000 of computers or 1,00,000 of mobile phones. On the other hand Nation 2 can make production of 30,000 of computers or 1,50,000 of airplanes. PPF for both the nations is as follows: Figure 1: PPF of nation 1 Figure 2: PPF of nation B In the present case, both country can select only few combinations if they operate individually but with the trade benefits they will be able to committing 100% of their productivity and can attain higher production for both the products. Option of trade will provide complete specialization to both the countries. Conclusion It can be concluded from another part of the report that existence of comparative advantage provide benefit to both the parties from trading as each party will receive good at a price lower than it opportunity cost of producing that goo References Books and Journals Gelper, S., Wilms, I., Croux, C. (2016). Identifying demand effects in a large network of product categories.Journal of Retailing,92(1), 25-39. Levchenko, A. A., Zhang, J. (2016). The evolution of comparative advantage: Measurement and welfare implications.Journal of Monetary Economics,78, 96-111. Mert, M. (2016). Measuring Economic Growth and Its Relation with Production Possibility Frontier and Returns to Scale. Gillespie, A. (2014).Foundations of economics. Oxford University Press, USA

Big Brothers Big Mouth Essays

Big Brothers Big Mouth Essays Big Brothers Big Mouth Paper Big Brothers Big Mouth Paper This would mean that its audience are socially diverse, open-minded, and slightly merciless. This is reflected by the increasing diversity of housemates (i. e. tourettes sufferer Pete), the increasingly shocking events taking place and the vindictive and merciless competitiveness of the programme. Big Brother is the perfect example of cultivation theory, that is, through repeated exposure to former taboo subjects and issues the audience has become desensitised and almost view such issues as normal or acceptable. This is one reason why Big Brother has become one of the phenomenons of the 21st century; because our society has become so much more diverse and accepting Big Brother is allowed to flourish where as if it had been shown during the 1950s for example, it would have been met with disgust and uproar. Even today Big Brother often stirs up controversy but in an era in which controversy is almost the norm, it is just something to read about in newspapers, and perhaps argue about with friends. Another important consideration is Big Brothers target audience which is extremely diverse; its primary audience is 18 to 35 year olds, of both genders. This is reflected by the housemates who fit into this category themselves, which is important in order for the audience to be able to relate to the them. I would consider the target lifestyle to be mainly aspirers. This is because Big Brother is essentially a shortcut to fame, with only a very select few making it onto the programme. Therefore the people watching Big Brother aspire to the housemates an the supposed fame that awaits them. I also believe that Big Brother appeals to explorers due to the fact that it is such a revolutionary show. I t offers something that no other genre offers, which satisfies explorers want for new experiences. As for the Uses and Gratifications theory, Big Brother offers its audience a form of escapism, social identify, and a reflection of social relationships. The audience find an escape from their own problems and worries through the exaggerated and dramatised ones of the Big Brother housemates. It is also an extremely unlikely situation, giving its audience a temporary escape from reality. Due to the fact that Big Brother is based on social interaction of the housemates it is a reflection of social relationships. Much of the public can relate to the relationships between characters, e. g. the romance between Grace and Mikey. These relationships often reflect the audiences own social relationships making it interesting and often informative viewing. The diversity of the Big Brother house ensures that it is extremely likely that there is at least one character in the house that the audience can relate and feel a connection to. This social identity is an important factor, as everyone wants to feel that they can relate to another person or group; the need for acceptance is a key part of human nature. Big Brother recognise this need and addresses it with its uniquely diverse household. The ideology promoted by Big Brother is a shallow one, with the importance of fame, popularity, and winning being either embedded or promoted by the housemates. It implies that society is based on competition, and that personal relationships can be used as a tool to get what you want. These ideologies have prompted much criticism from the media. However, the institution behind Big Brother, Endamol, will continue with its controversial winning formula so long as it keeps audience figures up. This is because Endamol is a major commercial institution meaning that its main priority is profit. It is behind many other successful TV productions such as Desperate Housewives and Lost. The popularity of Big Brother has resulted in it branching off into a mini-subculture with supporting programmes such as Big Brothers Big Mouth, Big Brothers Little Brother and Diary Room Uncut. It has even got its very own column or page in most tabloid newspapers dedicated the happenings inside the Big Brother house. This reflects the amazing popularity and influence Big Brother holds in todays society, the key to its success? It is a reflection of society and we as a race are constantly trying to analyse and explain our own behaviour, Big Brother is essentially a glass cage in which we can curiously peer.

Pros and Cons of APUSH DBQ-L Sample Essay

Pros and Cons of APUSH DBQ-L Sample EssayYou can have a serious debate about what type of essay to submit for APUSH DBQ-L: A Pro-Athlete, a Pro-Athlete/Pro-Triathlete, or Pro-All-Around Athlete. After all, this is the type of essay that everyone wonders what type of APUSH-related lessons one must study in order to make it through all the exams and get the coveted A's. However, there are certain people who will argue that 'pro' really is synonymous with pro athlete, and vice versa. Let's go through the pros and cons and see how you can better know your option as far as this competition goes.Pros: Pros are easier to come by in this category. Athletes are likely more motivated than any other person in America and thus will be more inclined to make an effort for their sport. Additionally, athletes usually go out there and simply dominate their competition, which means that they tend to have better performances. On top of that, many athletes tend to be born with natural gifts, whereas mos t students have to work on their talents. Athletes who can perform at the highest level will end up getting the most attention in this competition, and therefore they're going to have the advantage here.Cons: Cons can actually be worse than pros when it comes to this competition. On the positive side, college students tend to have far less motivation to excel than professionals do. Athletes are also far more prone to perform at their best because they are involved in competitions where their skills are measured. To be more specific, athletes are going to be exposed to a lot of scrutiny that professionals will not have to deal with.Cons: Cons are always bad when it comes to studying. On the positive side, college students are not in a position to find time to prepare for this exam because their classes are filled with tons of reading assignments that would need to be studied before the final exam. In fact, some classes can even be so difficult that students end up failing their class es because of sheer laziness.Pros: A pro is good enough to impress the judges, but does not necessarily mean that the student has the skills to succeed. In most cases, this is one of the best places where an APUSH-related lesson can come in handy. Students who are more interested in the competition will not be as conscientious in their studies and thus have a harder time making a proper grade, but a pro who really knows their APUSH Exam will be able to successfully pass all the classes and earn a good grade.Cons: Cons can also be more complicated than pros because there are those who are just out to prove that they're for, while there are those who are just there to excel. This makes the pros to be more challenging to determine and get a general consensus on.Pros: Yes, the pros are the best of the best. That being said, it does require time to learn how to do things right in order to make the grade in this competition.

Gambling Casinos Essays - Gambling, Entertainment, Free Essays

Gambling Casinos Essays - Gambling, Entertainment, Free Essays Gambling Casinos Gambling Casinos: A Plague on Society Gamblers no longer need to trek to Las Vegas or Atlantic City to find the action they so badly crave. It is available today in their own hometowns. Legalized gambling is one of the fastest growing industries in the United States. Gamblings tremendous popularity is evident in the recent increase in the number of off-track betting parlors (OTBs) and riverboat casinos that dot the midwest and the Mississippi Delta. Billboards on major highways depict the action and excitement available at such facilities. For most of the industrys patrons, gambling is fun and a form of harmless entertainment. For the four to six percent of gamblers who become problem or pathological (compulsive) gamblers, however, it can be a devastating illness that negatively affects every aspect of their lives. Im worried that the more legalized gambling havens that open up, the more problems we can expect as a result of them. The greatest social cost of legalized gambling is the probable increase in problem and pathological gambling. In Connecticut for example, the Foxwoods Resort Casino opened up in 1995 and the number of pathological gamblers sky-rocketed. In 1994, there were 235 calls to the Gambling Anonymous hotline and in 1995 (after the casino opened), there were 588. In 1997, the state of Connecticut also launched a massive media campaign for community awareness of the social problem and encourage to get help for people with gambling addictions because at least 70,000 adults in Connecticut have gambling problems. Pathological gambling is a progressive disease that devastates not only the gambler, but everyone with whom he or she has a significant relationship. In 1980, the American Psychiatric Association accepted pathological gambling as a disorder of impulse control . It is an illness that is chronic and progressive, but it can be diagnosed and treated. Some of the costs are: physical and psychological stress, significant increase of substance and alcohol abuse, major depressive disorders and attempted suicide. The gambling addict is basically a slave to the habit. He needs the stimulation that winning money creates and this possibility keeps him going. The underlining problem is a self-image of himself as a failure and this destroys his self esteem. Many of them have been laid off work or ousted from a relationship and gambling tends to distract one from thinking about ones failures. Besides the negative effects that gambling can have directly on an individual, there are overwhelming economic and social costs of widespread casino gaming that many states (particularly the ones which allow legalized gambling) have to deal with. In 1996, Professors William N. Thompson and Ricardo C. Gazel of the University of Nevada Las Vegas conducted a BGA (Better Government Association) study on the effects of riverboat gambling on the state of Illinois. Thompson and Gazel found that the social costs of one pathological gambler is $10,000 a year, this includes the economic cost of debt, insurance, crime, incarceration, and clinical treatment. In Wisconsin, Thompson and Gazel did a study of Indian gaming, and they concluded that there was no net economic impact- none whatsoever. Thompson said: All that was happening was poor people- the players, were losing their money, the poorer players- the Indians. Theyre paying your taxes. With local players instead of new tourists, Thompson says, there is very little, if any, job creation; gambling simply initiates a massive transfer of money from the owners of local business to the owners of casinos. Because they havent been around long enough, no one knows yet what the impacts of Indian gaming will be. The only thing that I would say in respect to the people living where Indian gaming is legal, is that youre rolling the dice with the quality of life, Thompson said. Ten years from now, he predicts, somebody will do a study and realize the real economic and social impacts of gaming. Another big concern for the future is video gaming, which many local businesses want to compete with casinos. Thompson calls video gaming the crack cocaine of gambling. Be careful of wide-open video poker all over the place, he warns. You could really screw this place up. Gambling is a big business in America. Gambling is a three hundred billion dollar business