Monday, September 30, 2019

Holden and Phoebe

In a frenzy of sadness and frustration on the night that Allele died, Holder smashed all the windows in his garage with his bare fists. I was only thirteen, and they were going to have me psychoanalysis and all, because I broke all the windows in the garage. I don't blame them. I really don't. I slept in the garage the night he died, and I broke all the goddamn windows with my first Just for the hell of it. My hand still hurts me once in a while, when it rains and all, and I can't make a real fist any more†¦ Although Holder is innocent, he is not naive. Society has affected him to the extent that he is aware of the cost of things, but wastes his money on taxis, as he wants to avoid the phones on buses. He refers to the value of his coat, his cases, his typewriter and even his pens, but he does not cherish his possessions as he gives his typewriter away and lends his coat to Seedeater. When his gloves were stolen, the only thing he cared about was that he became cold.When he was a child he lost his belongings – so now as a teenager he fails to take his change and hates people ho spend time at posh restaurants and popular bars; yet there is a hypocritical side to him which makes him take taxis, go to bars, cinemas and theatres, and stay in hotels. Society has taken everything from Holder, both of his brother's presence and his parents Seedeater borrows all he owns, his clothes and even the girl he loves.His possessions are stolen at school. Because of all of this, he feels he must reject society. It is not surprising that he feels he must turn to children; after all, they are a symbol of innocence, and they have not rejected him. He says that he would like to e ‘The Catcher in the Rye', who is a fictional character in a Burns poem, who stops children running off the edge off cliff whilst playing in rye fields.This analogy epitomizes the only future Holder can see for himself. Phoebe is the only person Holder trusts. Her sanity and naturalness re stores confidence of society in Holder. Due to his love from Phoebe a complete breakdown by the pond, and from a pointless escape later. Holder hates hypocrites and phones, but meets few people who are honest, so he generalizes and says there are phones all around him, another thing that makes IM an outcast of society.Even his teachers are phones; Mr. Spencer acts in front of the headmaster, and the headmaster performs in front of the rich parents and Mr. Anatolian appears to have crooked morals. Holder's parents are absent in his life, his dad is a lawyer who is very strict as seen in â€Å"Daddy will kill you† he also doesn't show affection towards Holder. Holder's mother isn't very interested in neither his nor Phoebe's lives as when she catches Phoebe smoking, as all she says is â€Å"l don't like that, Phoebe. I don't like that at all. † (159)

Sunday, September 29, 2019

Capital structure

A review of capital structure theories 1. 0 Introduction One of the most contentious flnancial issues that have provoked intense academic research during the last decades is the theory of capital structure. Capital structure can be defined as a ‘Mix of different securities issued by a firm' (Brealey and Myers, 2003). Simply speaking, capital structure mainly contains two elements, debt and equity.In 1958, through combining tax and debt factors in a simple model to price the value of a company, Modigliani and Miller firstly begin to explore a modern capital structure theory, and their work inspired this area study. However, the MM theory has no practical use because It lacks of direct guidance for companies to determine capital structure In real Ilfe (Baxter, 1967; Sarlg and Warga, 1989; Vernimmen et al, 2005).During the past years, researchers strived to establish a more reasonable capital structure theory that can be put into practices efficiently, and they attempted to expand debt ratio and tax advantage factors Into a new area. Myers (1984) states that only practical capital structure theories, which Introducing adjustment cost that includes agency cost and information asymmetry problems, ould provide a useful guidance for firms to determine their capital structure.However, from recent studies, Myers (2001) believes that how information differences and agency costs Influence the capital structure Is still an open question. From this perspective, it is very important to review the development of these two factors which make theoretical research having a strong relationship with reality. Thus, this project will summarize the capital structure theories orientated by agency cost and asymmetric Information from extant literature. Also some gaps and conflicts among heories of capital structure will be found and discussed In order to further Improve this area study.The rest of this project is arranged as follows. Section 2 will present the theories based on a gency costs that causes the conflicts between equity holders and debt holders or managers. Section 3 will Illustrate from two areas, Interplay of capital structure and Investment, followed by signal effect of debt ratio, to show the theories based on asymmetric information. In conclusion, Section 4 will summarize the entire essay and suggest further research direction of capital structure theory. 0 Capital structure theories based on agency costs Although Berry and Means (1931, cited in Myers, 2001) state an adverse relationship between the separated ownership and corporate control status, it commonly admits that Jensen and Meckling (1976) firstly conducted the research in how agency costs determine capital structure (Harris and Ravlv, 1991 Over the past decades, researchers have tried to add agency costs to capital structure models (Harris and Raviv, 1991). The perfect alignment between firm investors and firm agencies, such as managers, does not exist (Myers, 2001 ).According to J ensen and Meckling (1976), company agents, the managers, always emphasize on their own interests, such as high salary and reputation. Also these company agents use ‘entrenching investments', which make the asset and capital structure orientated by the 1 OF3 company holders (Chen and Kensinger, 1992). However, Myers (2001) believes that the firm holders can reduce such transferred value through using different kinds of methods of control and supervising, but he further points out the weakness that these methods are expensive and reduce returns.As a result, the perfect monitoring system is out of work, and agency costs are produced from these conflicts. According to Jensen and Meckling (1976), the conflicts between investors and agencies are generally divided into two types. The first conflict occurs between debt holders and equity holders, and the second conflict is from between equity holders and managers. Consequently, all the capital structure theories based on agency costs can be also classified based on these two conflicts. In the rest of this section, each individual conflict will be separately discussed. 1 Conflicts between Debt holders and Equity holders Jensen and Meckling (1976) point out that agency costs problems happen in determining the structure of a firms' capital when the conflict between debt holders and equity holders is caused by debt contracts. Similar to Jensen and Meckling's conclusion, Myers (1977) observes that since equity holders bear the whole cost of the investment and debt holders get the main part of the profits from the investment, equity holders may have no interest in investing in value-increasing businesses when ompanies are likely to face bankruptcy in the short term future.Thus, if debt occupies a large part of firms' capital, it will lead to the rejection of investing in more value-increased business projects. However, in 1991, Harris and Raviv cast a contrasting opinion to adjust the capital structure theory based on this conflict. They point out that most debt contracts give equity holders a push power to invest sub- optimally investment project. If the investment fails, due to limited liability, debt holders bear the consequences of a decline of the debt value, but equity holders get ost of yields if the investment could generate returns above the debt par value.In order to prevent debt holders from receiving unfair treatment, equity holders normally get less for the debt than original expectation from debt holders. Thus, the agency costs are created by equity holders who issue the debt rather than debt holders' reason (Harris and Raviv, 1991). Tradeoff capital structure theory has a basic and strong relationship with this type of agency costs. However, different researchers hold various explanations of the relationship.Myers (1977) points out the debt cost eason, Green (1984) announces that convertible bonds can reduce the asset substitution problem which comes from the tradeoff theory, Stul z and Johnson (1985) consider about collateral effect. In the end, only Diamond model (1989) is widely accepted. If Equity holders do not consider reputational reason, they are willing to trade relatively safe projects, but this activity will lead to less debt financing (Diamond, 1989; Mike et al, 1997). Diamond model (1989) assumes two tradeoffs, risky and risk-free, to show that the debt repayment should consider both possible nvestment plans.Furthermore, Mike et al (1997) use empirical evidence to indicate how to use debt to trade off these two optional investment plans. Moreover, in 1991, Harris and Raviv expanded Diamond's model to three investment choices. They point out that one choice of investment can only contain the risk-free project, one option In fact, since the reputation factor is vital for a manager, managers are willing to choose risk-free investment projects that have more possibility of success. Consequently, the amount of debt is often reduced by managers. Capital Structure CAPITAL STRUCTUREQ1. Which of the following statements is/are correct? (MRQ)The cost of equity is higher than the cost of debtWACC is inversely proportional to the market valueAn increase in the cost of equity leads to an increase in share price Debt is less risky as interest is always received but paid at last in an event of liquidation (2 marks) Q2. Which of the following statements is not a part of the traditional theory of capital structure? (MCQ)There must be no taxes as it's a perfect capital market As the gearing level increases it's an indication of an increase in the cost of debt When the cost of equity increases the effect is translated on to the gearing level of the company resulting in its decreaseThe WACC will be at optimum when the market value of the company is at its lowest (2 marks) Q3. The Manager of Alpha believes that there is an optimal balance of debt and equity. The Manager of Zeta believes that the gearing decisions have no effect on the business value. Which theories are the managers relating to? (P&D)Manager Alpha Manager Zeta MM THEORY(with Tax) MM THEORY(without Tax) TRADITIONAL THEORY(2 marks) Q4. Select the appropriate option in relation to the capital market. (HA)Taxes are inapplicable PERFECT MARKET IMPERFECT MARKETHigh chances of bankruptcy PERFECT MARKET IMPERFECT MARKETBorrowing is up to a limited level PERFECT MARKET IMPERFECT MARKET(2 marks) Q5. Which of the following relates to the high level of gearing? (MRQ)Agency CostTax ExhaustionDifferences in risk tolerance levels between shareholders and directorsNo borrowing limits are specified(2 marks) Q6. Bache Co. leaves its operating risk unchanged after including the increased debt finance in its capital structure. Which of the following correctly describes the effect on the company's cost of capital and market value assuming perfect capital market with corporation tax? (HA)WACC INCREASE DECREASE UNAFFECTEDCost of Equity INCREASE DECREASE UNAFFECTEDTotal market value INCREASE DECREASE UNAFFECTED(2 marks) Q7. Rearrange the hierarchy of sources of finance for Pecking Order Theory? (P;D) Preference Shares 1Equity Finance 2Straight Debt 3Retained Earning 4Convertible Debt 5(2 marks) Q8. Quarto Co is considering acquiring Datum Co. Quarto Co wants to use its own cost of capital but is confused as in which circumstances their weighted average cost capital will remain unchanged. Which of the following is/are appropriate circumstances? (MRQ)Historic proportions of debt and equity are not to be changedOperating Risk of the company remains unchangedThe acquired company is small that any changes are insignificantProjects are financed from a pool of funds(2 marks) Q9. Eduardo Co is an all-equity financed company which wishes to invest in the new project in a new business area. Its existing equity beta is 1.4. The debt to equity ratio is 35% and 65% respectively ; the average equity beta for the new business area is 1.9. The government security in the market gives a return of 4% and market risk premium is 3%. If the tax is ignored, what is the risk-adjusted cost of equity for the new project using the capital asset pricing model? (MCQ) 6.73%7.71%8.2%9.7%(2 marks) Q10. Identify the weaknesses of risk-adjusted the weighted average cost of capital? (MCQ)It is difficult to identify similar operating characteristics of other firms Estimates of beta are wholly accurate Betas may differ due to debt capital being risk-free It ignores earning a potential of the company (2 marks)Q11. Arco Co has an equity beta of 0.89 and it is being considered to be acquiring by Draco Co. Arco Co is financed by 79% equity and Draco Co is financed by 80% equity. Calculate the Risk-adjusted beta if the tax rate in the market is 30% up to two decimal places? (FIB)4521202667000Be (2 marks) Q12. What is the correct procedure for calculating risks adjusted the weighted average cost of capital? (P;D)Converting proxy asset beta into risk-adjusted beta using investing company capital structure 1Calculate the risk-adjusted weighted average cost of capital 2Converting proxy equity beta into asset beta 3Calculate the risk-adjusted cost of equity 4(2 marks) Q13. Tito ; Toto are identical in every respect apart from their capital structure. Tito has a debt: equity ratio of 1:4 and an equity beta of 1.6. Toto has a debt: equity ratio of 2:6. Corporation tax is 30%. What is an appropriate equity beta for Toto? (MCQ)2.563.934.224.51(2 marks)CAPITAL STRUCTURE (ANSWERS)Q1. The cost of equity is higher than the cost of debt ; WACC is inversely proportional to the market value are correct statements.An increase in the cost of equity leads to a decrease in share price rather than increasing the share price as WACC increases market value decreases, hence incorrect Debt is less risky as interest is always received but paid at last in an event of liquidation. In the event of liquidation banks are paid first as they are creditors with fixed charges, hence statement is incorrect. Q2. DThere must be no taxes as it's a perfect capital market (Correct)As the gearing level increases it's an indication of an increase in the cost of debt (Correct) When the cost of equity increases the effect is translated on to the gearing level of the company resulting in its decrease (Correct) The WACC will be at optimum when the market value of the company is at its lowest. The market value should be at its highest to make WACC at the optimum level which it is at the lowest, hence the statement is incorrect Q3. Manager Alpha TRADITIONAL THEORYManager Zeta MM THEORY(without Tax)Traditional theory states that WACC will be optimum when it's at the lowest pointMM (with Tax) states there is no need for a balance of equity and debt assuming 100% gearing is optimal MM (without Tax) states WACC is unaffected as the benefit received from debt cancels with the cost of equity Q4.Taxes are inapplicable PERFECT MARKET High chances of bankruptcy IMPERFECT MARKETBorrowing is up to a limited level IMPERFECT MARKET Q5.Agency Cost: Providers of debt finance are likely to impose restrictive covenants hence is a problem due to high gearing (Correct) Tax Exhaustion: As companies increase their gearing they may reach a certain point where there are not enough profits from which to obtain all available tax benefits hence is a problem due to high gearing (Correct)Differences in risk tolerance levels between shareholders and directors: The directors have high risk in the company rather than shareholders as they have well-diversified portfolios hence is a problem due to high gearing (Correct)No borrowing limits are specified: Restrictions are specified in the articles of association for company's ability to borrow hence the statement is not related to high gearing (Incorrect) Q6. WACC DECREASE Cost of Equity INCREASE Total market value INCREASE In a perfect capital market, the theories of Modigliani ; Miller on gearing apply Q7.Retained Earning 1Straight Debt 2Convertible Debt 3Preference Shares 4Equity Financing 5 Q8. All options are correct as under all circumstances the company can use its own weighted average cost of capital. Q9. B(A) De-gearing the equity beta of Eduardo Co Ba= 1.4 Ãâ€" 0.65 = 0.91Ke= 4 + (3 Ãâ€" 0.91) = 6.73%(B) De-gearing the equity beta of the new business gives Ba= [0.65 à · (0.65+0.35)] Ãâ€"1.9 = 1.235Ke= 4 + (3 Ãâ€" 1.235) = 7.71% (C) Using equity beta of Eduardo Co. Ke= 4 + (3 Ãâ€" 1.4) = 8.2%(D) Using the de-geared average equity beta Ke= 4 + (3 Ãâ€" 1.9) = 9.7% This means the new average equity beta for the new business area was not de-geared Q10. AIt is difficult to identify similar operating characteristics of other firms (Weakness) Estimates of beta are wholly inaccurate Betas may differ due to debt capital not being risk free It ignores earning potential of the company (Disadvantage of DVM) Q11. Be = 0.88Ba = [79 à · (79 + (21 Ãâ€" {1-30%})] Ãâ€" 0.89 = 0.750.75 = [80 à · (80 + (20 Ãâ€" {1-30%})] Ãâ€" Be Be = 0.88 Q12. Converting proxy equity beta into asset beta 1Converting proxy asset beta into risk-adjusted beta using investing company capital structure 2Calculate the risk-adjusted cost of equity 3Calculate risk-adjusted weighted average cost of capital 4 Q13. CBa = [4 à · (4 + (1 Ãâ€" {1-30%})] Ãâ€" 1.6 = 1.361.36 = [2 à · (2 + (6 Ãâ€" {1-30%})] Ãâ€" Be Be = 4.22

Saturday, September 28, 2019

James Town

During 1607-1611 of Early Jamestown, Why Were So Many Colonists Dead? King James I sent 110 people over for a new start of life. The Englishmen arrived to Jamestown believing that they would find gold and a new way of freedom with government and religion. Most of the colonist died during the early years of 1607-1611. No skills for the New World later made the colonist have a hostile relationship with the Native Americans and the environment that they weren’t immune for lead to their deaths. Many colonists died because they had no skills to survive in a new place.According to the â€Å"First and Second Jamestown Ship List† in Document C, 47 of the 110 colonist were Gentlemen in May 1607. These Gentlemen came to Jamestown with the belief that they would find wealth. The Gentlemen, including other colonists, didn’t know how to farm or hunt. They traded with the Powhatan Confederacy for food but that got old, and the Indians later put a stop to the trade for the Engl ishmen to â€Å"Starving Time† in 1609. Also, there was only 1 doctor. Therefore, if someone got sick they would have a way bigger chance of dying than seeing that 1 doctor.The evidences helped explain why so many colonists died because the inexperience of the colonist led to them not being able to support themselves. The Native Americans were antagonistic to the colonists. â€Å"The Virginia Adventures† in document D says, â€Å"Though West was able to load his (small ship) with grain, the success involved some harsh and Crewell dealinge by cutting towe of the Salvages heads and other extremetyes. † Instead of the colonist finding and growing their own food they killed 2 Indians. This was probably one reason why the Indians would attack the colonists.On document E, â€Å"Chronology of English Mortality in Virginia, 1607-1610† there was a first ever Indian attack at Fort James and 2 people died. If the colonists and the Indians had a different start of re lationship, there wouldn’t be that many people dead. The Englishmen could’ve learned skills from the tribes. The Englishmen and the Indians would perhaps have a different relationship. The environment had a big effect on the death of many colonists in early Jamestown. In â€Å"The Lost Colony and Jamestown Droughts† in document B it shows that there was a drought around 1605-1615.There wasn’t enough water to drink, let alone grow crops or livestock. People also died because of diseases including malaria, scurvy, and dysentery. There were also other sicknesses that the Englishmen weren’t immune to. When illness struck the colonists, there was only one doctor and that was the same as not having any. The water was really filthy. Document A states that, â€Å"Because of the adjacent river and creeks became brackish as water levels rose, reliable sources of fresh water would have been scarce by the seventeenth century†¦Ã¢â‚¬  This made the risk o f getting a disease higher than not having water at all.The environment was a major death factor even if they learned how to plant or grow livestock. If the colonists were able to support themselves then more would have survived. The death of so many colonists in early Jamestown was mostly cause by the environment and the unfriendly relationship between the early settlers and the Native Americans that was triggered by the colonists not being able to support themselves.

Friday, September 27, 2019

Water pollution and the way agriculture affects this global dilemma Research Paper

Water pollution and the way agriculture affects this global dilemma - Research Paper Example Water Pollution and the way agriculture affects this global dilemma Water pollution is becoming an increasing problem throughout the world today. Some of the people identify the main cause of water pollution to that of agriculture activities. For instance, in the United States, the cause of pollution is forty-eight percent of stream and river water and on the other hand, forty-one percent of the lake water because of agricultural activities (Sustainable Table, 2011). This issue has largely become a ‘global dilemma’ as the topic aptly puts it. This requires a detailed study of the topic. The question therefore arises as to how agriculture leads to this global dilemma, and how adversely it affects and endangers the lives of the species. Various studies have shown that indeed modern agricultural system has had a significant role in increasing the water pollution. Agriculture is a major contributor in European countries to the cause of water pollution, both ground and surfac e water (Echaore-McDavid, 2007). Pollution has a non-point source, and thus, it does now allow its measurement. ‘Non point source accounts for almost half of water pollution and agriculture remains the largest contributor to it’ (Sustainabletable, 2011). In addition, the same study also states that almost 50-70% of the pollution of the surface waters originates mainly from agricultural lands in the form of fertilizers and animal wastes (Roberts, 1995). Not only this, but the use of pesticides, specifically the synthetic herbicides, have also caused a major concern, since these an easily leach into the ground water and pollute it. In aquifers, the nitrate concentration may also increase due to the intensity of the usage of fertilizers (Echaore-McDavid, 2007). In addition, the storage of manure in lagoons often becomes a source of water pollution. ‘When these lagoons leak during storms or rain, they may rupture and overflow’ (Sustainabletable, 2011). Leaking lagoons subsequently lead to the emission of antibiotic residues and harmful bacteria, which leaches into the water surface (Sustainabletable, 2011). The building of dams to aid irrigation in agriculture also alters the stream flow regimes that lead to the degradation of the aquatic and riparian habitats. The run-off due to rain and storms also pose an additional problem. Surface run off from agricultural lands carries salts, fertilizers, pesticides, pathogens and other pollutants, and dumps into aquifers and other water sources. The water sources used for drinking water poses a threat to human and animal health (Shortle & Abler, 2001). A study carried out by the US environmental Protection Agency (USEPA) found that agriculture is the leading cause of poor quality in river and lakes (Shortle & Abler, 2001). However, this problem is not limited to the United States only. This problem is very significant in developing countries, where the majority of the population depends upon agricu lture for their livelihood. This in essence does prove that the problem of water pollution is indeed a global dilemma. According to Shortle and Abler (2001), a process known as eutrophication, the nitrogen, and phosphate present in fertilizers runs into the water, and thus, causing the algae to bloom. This reduces fish life. Aquatic vegetation also disappears. The marine eco system therefore gets disturbed. The pesticides in water supplies may also risk human health. This water pollution also reduces the availability of public drinking water, thus putting a strain on our scarce water resources. Modern agriculture systems have also led to increase in salinity and water logging due to irrigation. This has destroyed large amounts of lands, especially in developing countries (Shortle & Abler, 2001). Hence, this has become clear through all the review literature explained above that water pollution has indeed become a

Thursday, September 26, 2019

STRATEGIC MANAGEMENT Assignment Example | Topics and Well Written Essays - 3000 words

STRATEGIC MANAGEMENT - Assignment Example It involves in developing policies and fulfils organisational objectives. The organisations develop many framework and models based on the competitive and complex environment to develop strategic management system. It is not static in nature. It keeps on changing with the market scenario. The models in the strategic manage sometimes included a loop for giving feedback for monitoring the plan and developing the next level of plan. It helps to develop a systematic co ordination, mission, and vision of the business. It transforms plans into system which provide performance and feedback helping in the growth of the business. In this case study a large telecommunication company is used namely Apple. The company has developed many new products and has used its strategies very efficiently that the businesses generate maximum revenue from that. Although Apple is successful and globally renowned brand, but the strategy they have used for their business in line of vision is quite different wit h respect to other telecommunication companies. The strategies of Apple have been analysed of the basis of models like McKinsey’s 7-S Framework, Porters Generic Strategies, and Porter’s Diamond Strategies to understand their way of thinking. Where is there are lot of firms in existence in today’s market place only few can call themselves to be profitable and the rarest of rare can enjoy a global position, recognition and aura around them as Apple. Although there are many factors that determine the success of one company and failure of another selecting an effective strategy may be termed as the first step (Tallman, 2010). Porter’s generic Strategies go on to describe how a company applies a particular strategy to establish its competitive advantage over its rival. According to Porter there are three types of generic strategies: Lower cost, Differentiation and focus. The

Information system Essay Example | Topics and Well Written Essays - 2000 words

Information system - Essay Example tions that means they have to as well somehow facilitate all remote office workers and team members, internationally, to work together on the similar shared files as well as data at the same time. However, in view of the fact that business data file sizes and data storage needs are augmenting every year, as well as the well-organized sharing of files all through distributed business enterprises over the wide area network (WAN) has turned out to be an exceptional task. Additionally, the difficulty is that gigabytes of data can be shared over a local area network (LAN) through standard file server technology, they cannot be shared all trough remote offices linked over the WAN. On the other hand, standard file server protocols offer unacceptably slow response times to open and write files over the WAN in addition to this forces remote office IT managers to build a number of unappealing alternatives. Thus, in this scenario IT managers and network users have to either live with reduced pr oductivity because of poor network performance at remote offices or they have to make use of replication systems that waste business network storage as well as slow down worldwide collaboration (Dorairajan; Nash; Forouzan and Fegan). Dorairajan (2004) stated that a new class of product recognized as wide-area file services (WAFS) has demonstrated extraordinary outcomes in resolving the problem of remote office sharing and collaboration intended for distributed organizations and businesses like that Oliyday Hotels. Additionally, the wide-area file services (WAFS) allow corporations with remote offices to make use of the WAN to share files like if it were a virtual LAN, facilitating real-time, read/write access to shared business files in addition to assure the coherency and consistency of the entire business file data (Dorairajan; Forouzan and Fegan). In addition, the majority of the successful WAFS systems tackle inherent WAN file sharing problems through a multi-layered technology

Wednesday, September 25, 2019

Globalization Assignment Example | Topics and Well Written Essays - 250 words - 5

Globalization - Assignment Example $500 million to renewable energy is a $500 million advantage that renewable energy firms get over firms that are not going that direction: It alters the market dynamic, creating another interaction. The equation, â€Å"Early 2008 Government stimulus program (worth $50 Billion USD) (political) x Big four Australian Banks kept credit lines open (business) = Cash Flow†, expresses yet another element of the interaction. However, it ignores that the ties between these things are even more incestuous than they seem: Since banks in industrialized countries are so regulated by the government, with interest rates controlled and currency given the full faith and credit of the government, the equation can be changed to â€Å"(Government + business) * (Business + government)† = cash flow. The stimulus program is a solution to the market meltdown, by creating both government-backed monetary sources (pension funds) and business-backed sources (credit lines). The impact on globalizati on is complex: It could involve Australia more in the international market as they return to purchasing; or it could make Australians turn inwards and consolidate internally to the country. This event certainly, however, diverges the Australians away from the world, representing the state as an agent countervailing against market forces and globalist interaction. It attempts to protect the interests of Australian consumers, â€Å"a safety measure, a precaution against imminent financial disaster†. In this sense, it is designed to keep Australians away from the fate of the world, which at the moment is poverty. This brings to mind an obvious question: Insofar as globalization keys all markets together, both in boom and in bust, how justifiable is

Tuesday, September 24, 2019

State of the economy Essay Example | Topics and Well Written Essays - 750 words

State of the economy - Essay Example Approached within the paper will be the global macroeconomic issues surrounding Gross Domestic Product, unemployment, inflation and interest rates. Specific geographical areas of interest are the United States, Brazil, Germany and Japan. The current global economic outlook is important to understand when looking to expansion of current a current business. Currently the in the United States, â€Å"Current-dollar GDP -- the market value of the nation's output of goods and services – increased 3.5 percent, or $126.3 billion, in the fourth quarter to a level of $14,871.4 billion. In the third quarter, current-dollar GDP increased 4.6 percent, or $166.4 billion.† (Gross national product, 2011)The rate of unemployment currently in the United States has increased to a reported 9.2% in March of 2011 which is substantially higher than prior years. Inflation as reported in â€Å"The inflation rate in United States was last reported at 2.1 percent in February of 2011† (Unit ed States Inflation Rate, 2011) Currently the interests rates are being artificially depressed thanks to massive infusions of new money as a result of the Quantum Easing plan. In comparison Brazil in 2010 had a GDP of 2.194 trillion dollars with 7% unemployment. (Brazil, 2011) Germany had a GDP of 2.96 trillion dollars in 2010 with 7.4% unemployment. (Germany, 2011) Japan on the other hand had a GDP of 4.338 trillion dollars in 2010 with unemployment under all of the above at 5.1%. (Japan, 2011) When compared to the United States there is a very definite fiscal possibility available for global expansion. To retain market share at this point it would be necessary to increase our geographical market nationally at the very least. When compared to the United States there is several obvious discrepancies, more importantly the lower levels of unemployment make it easy to see that there is possibly more available income. In looking at the economic indicators such as the GDP, unemployment, interest rates and inflation it becomes clear that one of the prime indicators that should be addressed that would affect a portion of our customer base is inflation. The rate of inflation will most affect those consumers on a fixed income as they have the most to lose based on individual buying power. Japan for instance has maintained a low rate of inflation with a zero being reported in February of 2011. (Statistics Japan, 2011) This allows for a much higher purchasing power for consumers of our Shades of Youth line which directly caters to older individuals, these same individuals may be retired and on a fixed income. Germany is another nation with low rates of inflation and as a result this would be a good line in these locations as there is available purchasing income in the baby boomers market in these nations. Brazil on the other hand currently has over 6% inflation which would make it more difficult, though not impossible to sell a luxury like Shades of Youth. Super Clean an d Super White are both more necessary items than Shades of Youth and as a result we would want to market these in all three global areas as well as nationally. Because the global economy is suffering in many areas there will be a drive to consolidate business’s and promote stronger globalization pushes from current conglomerates. By taking

Monday, September 23, 2019

A critical assessment of the marketing challenges facing an Essay

A critical assessment of the marketing challenges facing an organisation of your choice and recommendations for the development of Competitive Advantage - Essay Example A close analysis of other companies that have survive during harsh market periods will help point out possible opportunities that Ryanair mas use to escape the looming threat. The research will end with workable recommendations that will provide strategies for Ryanair to survive within the market. In the 21st century business environment, companies have to stay on the alert in terms of aligning their business strategy with the ever-changing business environment. Particularly, the international airlines market has become sensitive with rapid changes in the economic structure, increase in competition and government regulation (Cento, 2009). Ryanair, one of the low-cost international airline operators in Europe, has faced a number of challenges while operating in the dynamic market. The purpose of this essay is to make an analysis of the competitive ability of the company, point out specific problems and develop strategic adaptations for the company. Marketing analysis is concerned with the ability of a company within a specific industry to position itself as a top service provider. Hubbard, Rice, & Beamish (2008, p.69) defined industry as, a group of organizations or business units producing close substitutes. â€Å"Market† is a word which use very closely to â€Å"Industry.† Perhaps the most frequent word use as a substitute to â€Å"industry.† However, â€Å"market† defined as a group of consumers with similar needs. (Hubbard, Rice, & Beamish, 2008, p. 97). Evidently, each organization has operates within a particular industry and has a specific target market. Within an industry, organizations compete as a way of appealing to their target customer to purchase their service and products. On the other hand, the customers choose organizations that best suit their needs and purchase from organizations that best satisfy their tastes and

Sunday, September 22, 2019

Identifying a problem “Drug trafficking” Essay Example for Free

Identifying a problem â€Å"Drug trafficking† Essay This paper studies two different opinions on the impact of drug trafficking laws. One school feels that current laws on drugs have been effective and efficient in containing drug use problem and should be retained. Others see the laws as unjustifiably harsh and skewed against certain groups in society. They argue that drugs should be legalized to help solve abuse problem. The first article gives an open assessment of the impact drug laws have had on drug use problem. The Successes And Failures Of George Bush’s War On Drugs (Check, Dan, 1995). Successive U. S presidents have delivered a plan to fight off drug abuse. President Bush campaign against drug trafficking was similar to that of Ronald Reagan before him. According to Check, their emphasis was on reduction of demand of drugs at home. This was a shift away from curtailing supply in foreign markets. The bush was campaign according to Dan Check targeted the offender rather than the problems. This plan emphasized the incarceration of offenders over rehabilitate and campaigns on avoidance of drug use. The administration boosted its drugs war kitty with the drug law enforcement getting the loin’s share. The penitentiary system also got a substantial amount leaving only a relatively small amount for rehabilitation and a version. Prevention would be carried out through the existing program called DARE. This program targeted school kids. States were bound by this plan and any diversion would attract financial sanctions. This plan has some positive results in that there was significant reduction in cocaine abuse. This effort was felt mainly in the middle class. Check partly attributes this to new realization by the middle class of the efforts of cocaine. The plan however failed in curbing drug use among the poor. According to Dan Check, drug abuse among the poor actually rose with the introduction of the plan. He adds that severe crack down of uses over burdened the prison system. It did not address the root cause of drug trafficking The Drug War on Civic Liberties (Dan Baum, 1992) According to Baum, the war on drugs is an infringement on one’s rights. The laws are unreasonably harsh and hysterical and hence should be done away with. New laws introduced follow the precedence set by the first drug laws. First drug laws on marijuana and cocaine were retrospective as they were made with a certain group of people in mind. The more recent drug legislation is also made with the black community in mind. This community is the biggest victim of drug law enforcement. These laws are racially motivated. There are more black youth in prison than any other group despite their minority status on drug grounds. They make easy targets of law enforcers. He feels that the drug laws have become petty and harsh to ‘offenders’. Mere possession of drugs even without the intent earns one a maximum sentence. First offenders are not given lighter sentences. Past drug offenses continue to haunt the offender as he or she is labeled as a threat to society and is closely monitored. However what is surprising is that, while the legislations theoretically target drug pusher, it is mainly those who are found in possession who are found in jail. According to Baum, the courts are skewed against offenders in drug cases. The drug laws ensure rather harsh judgments are dished out in federal courts, leaving the judges very small room to maneuver. They also give prosecutors the right to challenge the ‘light’ decisions, which is normally the prerogative of the accused. The cases are not heard in state courts but in federal courts. The penitentiary system does not aim at rehabilitation of drug offenders rather it is pre-occupied with punishment. Expenditure on rehabilitation program fades in comparison with expenditure on drug enforcements laws. Law enforcers unfairly target drug offenders because of the hefty bonuses they earn when they successfully present evidence that leads to conviction of the drug offender. They employ heavy surveillance of past offenders and carry out warrant less searches on a suspect’s property or cars. Baum feels that drug offenders do not enjoy civil right enjoyed by other defendants in courts of law. Their property can be attached along with legal fees of the defense attorney. They are also denied bail to keep the streets risk free. He adds that, the drug enforcement agencies evaluate their success on the basis of overblown value of seized drugs in the black market rather than level of emancipation of the people from drug dependency. The federal government has enhanced its budget on drug law enforcement with the sole aim of jailing offenders over prioritizes the war against drugs over other crucial areas such as environmental degradation. This campaign has bloated the prison system while the judicial system is overworked. More officers are employed to deal with the perceived threats of drug use. Most tax payers are content on increased government expenditure in the war against drugs. This, Baum points out, is as a result of the amount of public information that is available to the taxpayers. The media gives war on drugs a lot of coverage and puts much emphasis of drugs. This is in addition various public campaigns against drug use. Few people express a different opinion on the issue is due to victimization on anybody who speaks out on the injustices of the system by law enforcers. Baum urges that convictions of drug possession are conviction of a crime without a victim. He adds that it is wasting away of productive labor force in the young men held up in prison. Most of those serving time for drug possessions are responsible and peace loving individuals.

Saturday, September 21, 2019

The concept of child abuse

The concept of child abuse The concept of child abuse is historically, socially and culturally bound. Critically discuss this statement with reference to the subject material and literature. Introduction This paper will look at child abuse, what that is in Australia today. Through reviewing literature on child abuse and child protection this paper aims to show that the concept of child abuse is dependent on social and cultural values. In order to discuss child abuse and its relationship to history and social and cultural values it is important to define the term child abuse in the child protection field in Australia today. Zuchowski (2009: 30) cites Fernandez as recognizing that the importance of agreed and unambiguous definitions is central to identifying maltreatment and appropriate interventions and that child abuse is a socially constructed concept defined by social, cultural and economic conditions. In Australian child protection work child abuse is defined in terms of physical, sexual and emotional abuse and in the more contentious area, child neglect. Physical and emotional abuses are defined as acts of commission or omission that cause harm or worse to children. Sexual abuse is defined as the child being used for the sexual gratification of the adult and involves the abuse of trust and power inherent in relationships between adults and children. Neglect is defined as a situation in which the parents/carers fail to provide for the basic essential needs that children require (Tilbury, Osmond, Wilson Clark 2007:5; Tomison, 2001:48). The term neglect is contentious and implies judgement; Feminism and Post-Modernist theories challenge workers to be critically reflective on the ways in which language contributes to the construction of social values (Healy, 2005:194). Applied to child protection work Feminist, Structuralist and Critical social work theories focus on social and economic resources and recognize the impact that structural disadvantages have on families capacities to provide for children (Tilbury et al, 2007:29). Neglect of children was not recognized prior to the industrial revolution and children as young as five were treated as slave labour in orphanages, workhouses and factories, where they were starved, beaten and often kept in leg irons (Tomison, 2001:48). These conditions are illegal in Australia today and would be considered as child abuse by current social values. History of Child Protection In the 19th century children were essentially seen as economic units, large families were an investment and childrens input was considered essential to family survival (Sanson Wise, 2001:5).By the turn of the 20th century changes in attitudes to child labour in Australia were reflected in laws such as the Factory Act of New South Wales and Victoria of 1896, compulsory education for all children in all Australian states by 1900 and the establishment of voluntary child rescue groups such as The Victorian Society for the Prevention of Cruelty to Children in 1894 which was concerned with child abuse and the effects of poverty and disadvantage on their living conditions (Sanson Wise, 2001:5; Tomison, 2001:50). However, widespread public concern regarding the maltreatment of children only emerged when child abuse was rediscovered by Dr H Kempe and his colleagues in the United States in the 1960s. They coined the term battered baby syndrome and their work created interest in child maltreatment around the world. (Tomison , 2001:50; Parton, 2002:5). At the time child abuse was seen as a socio-medical problem, a disease which could be cured and prevented whereas today child abuse is currently framed as a socio-legal problem with the emphasis on gathering and assessing forensic evidence (Parton, 2002:11; Tomison, 2001:52). The professionalization of child protection services during the 1970s and 1980s saw the development of risk-assessment tools ; aids to assist workers in making the right decision and to help ensure accountability. These developments saw the worker as the expert; whereas current theories used in social work in Australia such as strengths- based approaches and narrative therapie s emphasize a collaborative effort between families and child protection services (Kreuger, 2007:237; Tilbury et al, 2007:16). The influence of the child rescue movement in the late 19th century on child protection in Australia has been profound, particularly influencing the history of social intervention and removal of Indigenous children from their families (Sanson Wise, 2001:8.).Child protection in Australia was first provided by predominantly Christian church groups in the non-government sector and targeted abandoned, neglected children and those with families considered socially inadequate. Initially rescued children were boarded with approved families until later years when orphanages were established. In the early days of settlement the deprivation that children suffered in institutions was recognized, leading to foster care or boarding out being the preferred placement for neglected children (Tomison, 2001:49). Indigenous Child Protection From the first white settlement of Australia colonial values and approaches saw the land being regarded as Terra Nullius, Indigenous people being treated as free labour at best and subsequent laws, policies and practices that forcibly removed Indigenous children from their families (HREOC, 1997:2). The Colonial response to the atrocities perpetrated on the Aboriginal people was to establish a protectorate system which would segregate and therefore supposedly protect Indigenous people. By 1911 most Australian states and territories had reserved land and assigned responsibility and therefore control of Aboriginal peoples lives to a Chief Protector or Protection Board. This power was used to remove Indigenous children from their families with a view to converting them to Christianity (HREOC, 1997). This policy approach would be considered racist by current social standards. Australia has been slow to recognize and respect the cultural values of the Indigenous people of Australia in ever y way, including child care and protection. As the population of mixed descent people grew government officials responded by removing children and housing them away from their families with the aim of absorbing and merging them into the non-Indigenous population. The forcible removal of Indigenous children continued in many guises up until the 1960s; those people affected by this practice are now known as The Stolen Generation. In New South Wales after 1940, Indigenous and non-Indigenous children came under general child welfare legislation. The inherent racism in policy and practice and lack of recognition of cultural differences ensured that Indigenous families were more readily found to be neglectful. Poverty was equated with neglect and Indigenous families, ineligible for unrestricted welfare support until after 1966, were judged as failing to provide adequately by non-Indigenous standards (HREOC, 1997). Attachment theory is based on the joint work of John Bowlby and Mary Ainsworth. Attachment theory recognizes the importance of the early relationship between parent and child and its influence on childrens future ability to form healthy relationships. Bowlbys work on maternal deprivation, based on the premise that attachment to a caregiver is essential for survival, was not applied to Indigenous families in the 1950s and 60s in Australia (Bretherton, 1995:759; Osmond Darlington, 2002:1). This failure can be attributed to the same racist attitudes to Indigenous Australians that saw Australia declared an empty continent by the first settlers (HREOC, 1997). Looking through the lens of attachment theory at Australias history of forcible removal of Indigenous children, it is easy to see the legacy of intergenerational suffering and its ongoing impact on the wellbeing of Indigenous communities today (Sanson Wise, 2001:39). From todays perspective historic child protection practices impos ed on Indigenous Australians are seen as child abuse and maltreatment. Prime Minister Rudds apology, in February 2008, for the damage done to Indigenous Australians through past policies of removal, evidences the change in Australian social values which are reflected in policy. In the Bringing them Home Report (HREOC, 1997:19), Sir William Deane acknowledges the extent to which present disadvantage flows from past injustices and oppression. The report recognizes the permanent wounding caused to the Stolen Generation by forcible removal and institutional abuse. All states and territories in Australia have accepted the Indigenous Placement Principle as law or policy (SNAIC, 2002:66.)This policy recognizes the importance of retaining Indigenous Australian childrens connections to their community and culture(Ban, 2005:388). The Indigenous Placement Principle embeds Indigenous cultural values in social policy by seeking to place children within extended families and their communities. This principle is critical to addressing issues such as Indigenous children being six times more likely to be removed than any other Australian children and twenty times more likely to be in the juvenile justice system. This high rate of removal can be attributed to structural issues such as poverty, lack of adequate housing and the intergenerational effects of policies that forcibly and deliberately removed Indigenous children from culture and family (Zuchowski, 2009:76). In fifty years, approaches to indigenous child protection in Australia have radically changed; they now reflect recognition of past injustices, respect for cultural differences and values and a commitment to partnership and collaboration between governments, services and Indigenous Australians to build capacities and resilience in communities to keep families and children safe (Calma, 2007). Economic Impacts Thomson (2003) suggests that there is an institutional blindness to the role that poverty plays in putting children at risk of harm. The rise of economic rationalism as the dominant philosophy through the 1990s in Australian social policy has been twofold: under- resourcing of welfare services such as child protection and a user -pays approach which sees the poor and needy further disadvantaged. Economic rationalism is a potentially value laden approach where those who are socially and economically disadvantaged held responsible for their circumstances. As Tomison (2001:52) acknowledges the focus of economic rationalism on efficiency, effectiveness and accountability potentially conflicts with the ethical commitments made by social workers such as a commitment to achieving social justice (Tilbury et al 2007:10; AASW, 1999). Economic issues impact the reconciliation process with the Indigenous community as healing and reconciliation relies on redress of past wrongs (HREOC, 1997). Thor pe (2007) also notes that a disproportionate amount of resources in child protection are spent on investigation rather than care. Current Social Policy Approaches: Prevention and early intervention The current discourse on child protection, influenced by strength based and evidence based approaches, has shifted from talking about abuse to talking about harm (Zuchowski, 2009:33). Feminism and Post-modernism recognize language as a site which contributes to defining social value; these discourses have also contributed to the shift from talking about abuse to focussing on the harm done to children. Harm is defined in The Child Protection Act (1999) as any detrimental effect of a significant natureon the childs wellbeing. This term allows for family and child to contribute to the assessment of what is considered detrimental and significant (Tilbury et al, 2007:4). The focus since the mid 1990s in Australia has been on early intervention and prevention (Tomison, 2001:54-55). Resilience has been recognized as a key protective factor in children surviving maltreatment and high risk situations and achieving healthy and adaptive outcomes. The growing recognition that enhancing protective factors to prevent maltreatment of children is cost effective, and provides both social and economic benefits, has seen an increasing focus on the delivery of early intervention and prevention services in Australia. These services are mostly delivered through non-government agencies such as Family Centres in New South Wales. Government policies now focus on health and wellbeing through enhancing community, family and individual strengths. These current strengths-based family support approaches are a contrast to historic approaches that sought to place responsibility and blame solely with the parent. Childrens health and wellbeing is now seen as a community responsibility; the impact of the socio-economic environment in which the family lives is now taken into account (Tomiso n, 2002:7; 2001:55). Conclusion According to Tilbury et al the label child abuse changes according to social context and reflects public opinion and values as well as expert opinion and reflects the degree to which society supports families to care for their children(2007:6). Furthermore understandings of child abuse and neglect differ according to socio-economic status, culture and ethnic background (Bowes Watson, 2004), as cited in Tilbury et al. (2007:6). What constitutes child abuse is dependent on social and cultural values; this is clearly evidenced in the changes to the treatment and care of children throughout even the short history of Australia since white settlement. The increase in notification and substantiation of children at risk in the last decade is the outcome of a widening definition of what comprises child abuse (Scott, 2006, as cited in Thorpe, 2007:1). Australias history of forcible removal of Indigenous children, the disconnection of British migrant children from family, the abuse of children in institutional care and the ongoing social and mental damage that these practices caused is now well known (Thorpe, 2007:1). These historic practices are unacceptable and considered abuse and maltreatment in Australia today. When compared with Australias current collaborative and culturally sensitive approach to child protection it is clear that child abuse, and community perception and response to it, reflect the dominant cu ltural and social values of the day. 1 Catriona Robertson, Student No. 0718540740, Assignment 1, WS3027: Child and Family Welfare, 10th January 2010.

Friday, September 20, 2019

Infomercials And Other Dishonest Commercials Essay -- essays research

Infomercials and Other Dishonest Commercials The other night I was sitting in front of the television watching a late night show, when a commercial break came on, I instinctively clicked on the remote to flip through the channels to see what else was on. As I surfed through the channels I came across dozens of info-mercials, a commercial for getting a college degree at home, and a few psychic hotline advertisements. I stopped clicking the remote after a while to see what the commercials were selling, and to see how cheep the products were. There were advertisements for how to get a better body, the "fountain of youth" make-up, and the charcoal-less grill. It is amazing what they come up with nowadays. As I continued surfing I came across Sally Struthers trying to sell an "earn your college degree at home" commercial, honestly, how good can that kind of degree be? Then as I kept flipping, I came across the "psychic network of friends" advertisement, just as they were offering a "free psychic reading to first time callers" all that was required was that a certain 1-800 number be dialed and a person could get a reading. Then to show that the reading was accurate, they had people come on and say that their experience with the psychic was "life changing," and that "it was so real†¦ the psychic knew everything." It is amazing what people will fall for in this day and age. Info-mercials are basically half hour commercials that attempt to sell products to watchers. The products that most info-mercials offer are things that are said to "improve someone's life" but in most cases the products are rip-offs and are an easy way for the manufacturer's to make money. Some of the products include the "AB-flex," a simple rocking seat that is supposed to hold this unearthly power to flatten a persons stomach. The "AB-flex" guarantees to "make it easier to develop stomach muscles, without the assistance of any other machine, in just thirty days" they also claim that "this piece of equipment can make you feel younger and give you more energy." There is also an info-mercial for "the fountain of youth" make-up, the make-up is said to make skin appear younger than it actually is; this product plays off the idea of women hating to gr... ...s reliant on "their own personal psychic" for information about their future life, there is almost no turning back. These hotlines, I have to admit, are a really good money maker. Who would not want to know what is going to happen to themselves in the future? It would tempt even the most rational person to call up the number to get a glimpse into their future. The world is not longer filled with honest people. All that people are out for nowadays is money, and they will do anything to get it, even if it means lying, deceiving, and bribing people into things; They will stop at nothing. Salespeople reason this by that if the people that are watching are gullible enough to buy or call, then they deserve to be ripped-off. Honesty in sales no longer exists, it has been replaced by lying and cheating. Consumers are no longer safe from these deceivers, instead they must arm themselves with knowledge and common-sense. For some people this may be a challenge, they have already been drawn into the trap of these liars, and it is difficult for them to escape the trap, but if we are to survive in this new world of dishonest people, then we must be armed.

Thursday, September 19, 2019

Stages in Peter Parkers Life in Spiderman :: essays research papers

There are heroes all over the world. What makes a hero are the choices they make and the things they accomplish. Spiderman is that hero and this essay will explain why. There are three areas of argument, which is the bridge of Spiderman's life. The first one is about a helper who supports the hero during a difficult time that would help him succeed through his journey. The second argument would be the most adventurous parts of the quest. The final argument would be different but important aspects of the quest. In the movie Spiderman, Peter Parker/ Spiderman is the hero as his life consists of the stages Protected Youth-the helper appears, The call to adventure and New Landscapes-Road of Trials. Every hero needs help sometime through his or her quest, even Spiderman. Peter?s uncle, Ben is the only one but a great helper in his life. He helped him in many ways. He had raised him to be, intelligent, a good person, honest and never to commit a crime. That is really important for a hero because it could decide his destiny of being a hero or a criminal. Uncle Ben also gives Peter life saving wise words, which would be the reason, why Spiderman is Spiderman. ?These are the years when a man changes to a man he is going to become for the rest of his life? (Spiderman 2002) and ?With great power comes great responsibility?(Spiderman 2002). Peter is very lucky to have a helper like his uncle who helps him through his many stages. Like any hero Spiderman is always on an adventure. The real reason he became Spiderman is due to the death of his Uncle Ben. Peter Parker had to seek justice. He then donned the costume of Spiderman and began to be a vigilante crime fighter. Mr.Ozbourne (father of Peter?s best friend) is a rich and greedy man. But he is hungry for fame and power. Because he is about to lose his company, he constructs experiments on himself that unleashes his evil and dangerous alter ego. The Green Goblin is now created. This part is very important because now a villain has emerged and could be a risk towards Spiderman. This is probably the climax of Spiderman?s quest. The Green Goblin has put Spiderman into a very difficult predicament. He has kidnapped MJ and a bus of children and has threatened Spiderman to choose which one to save while he is about to throw them into the ocean.

Wednesday, September 18, 2019

Subject: Hemmingway-The Sun Also Rises :: essays papers

Subject: Hemmingway-The Sun Also Rises In the novel The Sun Also Rises, by Ernest Hemingway, a reader is forced to decide weather the spite that the Jake has for Chon originates from Jake ¹s racist background, or his deeply seeded jealousy of Chon for having a brief affair with Brett. Even though it is clear that Jake has racist views, the hatred he has for his former friend Chon Chon is strictly based on the jealousy he feels towards Chon for the weekend he spent with Brett. Jake goes in to great detail about Chon ¹s early life. He speaks highly and admiringly of Chon, but in a condescending way. A reader get her first hint on page one that Jake has some racist feelings toward Chon. He speaks of how Chon's nose was flattened in a boxing match and concluded the sentence with  ³...and it certainly improved his nose ² (11). This can be taken as a reference to the stereotypical  ³Jew ² nose that is often associated with Jewish people. Jake and Chon are close friends, and Jake likes him up to the point where he becomes involved with Brett. Jake goes on and on about all of the relationship mistakes in Chon ¹s life. There is an hint of jealousy that appears in Jake's tone. He states that women began to become attracted to Chon as he got older, and that it  ³changed him so that he was not so pleasant to have around ² (16). There is racism in Jake ¹s tone, but Jake ¹s problem with Chon is is strictly one of jealousy. By this time Jake has already developed an extreme distaste for Chon ¹s endeavors with women, but these feelings their peak when Chon and Lady Brett have a brief affair. Jake, having unconditional love for Brett, blames the entire incident on Chon. In turn, Chon makes as point to rub it in Jake ¹s face. Jake says  ³...it was giving him pleasure to be able to talk with the understanding that I knew there was something between them ² (106). Jake has a great deal of trouble dealing with this. It has nothing to do with the fact that Chon is Jewish, Jake is merely jealous of him. It would not be manly for Jake to openly admit his jealousy, and blame the jealousy on his harsh feelings toward Chon. As a result Jake falls back on the fact that

Tuesday, September 17, 2019

Sylvia Plath Poetry Notes

Sylvia Plath Plath’s poetry depicts her quest for poetic inspiration and vision: In her early poems, like ‘Black Rook’, Plath sees inspiration as transcendent, something that would announce itself to her from the external world. Plath’s language implies that she awaits a visitation of beauty, like the Annunciation by the angel in the Bible. Plath longs for an occasional ‘portent’ or ‘back talk from the mute sky’. She doesn’t believe in religious epiphany; but she uses Christian language as an analogy to convey her longing.Her longing is for even brief moments of revelation from things, nature or the universe: ‘As if a celestial burning took possession of the most obtuse objects now and then—Thus hallowing an interval otherwise inconsequent’. Throughout the poem ‘Black Rook’, Plath uses ‘fire’ and associated words as an analogy for poetic inspiration or vision. See the extended no te on this point in Imagery below. In ‘Black Rook’, Plath is resigned to the fact that inspiration involves a ‘long wait’. The euphoria of inspiration is ‘rare, random’ and brief.By the time Plath Wrote ‘Finisterre’ four years later, she had ceased to seek or discern enlightenment or any transcendent reality in nature and the universe: ‘Our Lady of the Shipwrecked †¦ does not hear what the sailor or the peasant is saying – She is in love with the beautiful formlessness of the sea’ [Finisterre] . Instead, she discerns: ‘Black admonitory cliffs’ and ‘Souls, rolled in the doom-noise of the sea’. Plath’s perception of the world is therefore very bleak. In the poem ‘Mirror’, the poet’s quest for beauty and vision has turned inwards. She gazes inwards towards the self.She seeks despairingly for enlightenment through self-examination. What she finds appals her: ‘A woman bends over me, searching my reaches for what she really is†¦ tears and an agitation of hands’. In ‘Pheasant’, Plath declares her atheistic stance: ‘I am not mystical. It isn't As if I thought it had a spirit. It is simply in its element. ’ However, Plath shows that not all her poems are bleak. She experiences the aesthetic beauty of nature. She enjoys the beauty of a natural creature in its environment: ‘It unclaps, brown as a leaf, and loud, Settles in the elm, and is easy. ’In ‘Elm’ Plath probes her subconscious, and states she is saturated with self-knowledge. Plath experiences harrowing visions within the inner self. Plath invents a demon in her subconscious that gives her a very self-destructive vision: ‘I am incapable of more knowledge. What is this, this face So murderous in its strangle of branches? — Its snaky acids kiss. It petrifies the will. These are the isolate, slow faults That kill, that kill, that kill. ’ [Elm] In ‘Poppies in July’, Plath seems so emotionally exhausted that she has given up the rational pursuit of the truth or any kind of vision.She longs for drugged relief, for a ‘colourless’ state: ‘Where are your opiates, your nauseous capsules’. In ‘Child’ Plath has lost the capacity to find beauty for herself: ‘this troublous Wringing of hands, this dark Ceiling without a star’ But she feels a desire to provide visions of wonder and beauty for her infant’s eye: ‘I want to fill it with color and ducks, The zoo of the new’ [Child] Plath explores her own depression. Plath is exhausted and aimless: ‘not seek any more in the desultory weather some design†¦ this season of fatigue’ [Black Rook]Plath predicts her own fading away, destruction or ‘effacement’: ‘I'm no more your mother than the cloud that distils a mirror to reflect its own slow effacement at the wind's hand’ [Morning Song] Plath uses a bleak landscape to portray her own despair: ‘This was the land's end: the last fingers, knuckled and rheumatic, Cramped on nothing. Black Admonitory cliffs, and the sea exploding With no bottom, or anything on the other side of it, Whitened by the faces of the drowned. Now it is only gloomy, a dump of rocks†¦ Bay of the Dead’ [Finisterre] Plath reveals intense grief: When they free me, I am beaded with tears’ [Finisterre] Plath confesses her deep anguish: ‘She rewards me with tears and an agitation of hands’ [Mirror] Plath is very self-critical: ‘I trespass stupidly. Let be, let be. ’ [Pheasant] Plath’s fears becomes ever more nightmarish: ‘I am terrified by this dark thing that sleeps in me’ [Elm] Plath reveals that she is inflicting suffering on herself: ‘Is it for such I agitate my heart’ [Elm] Plath confesses the trau matic effect of electric-convulsive treatment: ‘I have suffered the atrocity of sunsets.Scorched to the root My red filaments burn and stand, a hand of wires’ [Elm] Plath confesses that isolation and lack of love haunt her: ‘I am inhabited by a cry. Nightly it flaps out Looking, with its hooks, for something to love’ [Elm] Plath reveals that she is becoming powerless to deal with her illness: ‘Its snaky acids kiss. It petrifies the will’ [Elm] Plath has moments when she longs to escape her mind through drugs: ‘Or your liquors seep to me, in this glass capsule, dulling and stilling’ [Poppies]

Monday, September 16, 2019

Motivation in History: Charles Beard and the Founding Fathers Essay

Throughout history there are all kinds of historians that describe about our history and how we got to where we are. Charles Beard is a unique historian because he talks about the motives on our history event by not just any event. This issue created a lot of debate on what Charles Beard believed and that is the motives of the Founding Fathers. Charles Beard published An Economic Interpretation of the Constitution of the United States on whether the Constitution’s backers simply concerned for the nation or were they interested in protecting their own material interest. He also describes that questioning the motives of the Constitution’s supporters, it also demonstrated how important our interpretations of the past could be. The supporters of the Constitution before made the Articles of Confederation. The Article of Confederation was designed for the States to have the power and to have a weak central government, but it produced some problems. Money capital suffered under the Articles of Confederation, the lack of securities for American products and investments into the foreign market. Also under the Article of Confederation the government was not paying the interest on its debt from the war, which crippled the country. He made these arguments to back his thesis on that the supporters of the Constitution was looking for their interest and not entirely the nations interest. After Charles Beard published this thesis, made a dispute against other historians. These historians do not believe Charles Beard’s thesis and try to disprove his thoughts and prove that the supports did not write the Constitution for their own interest. In a chart, which shows the Delegates that were at the Constitution Convention. The Delegates on this chart are people having public security holdings, who are people from all different backgrounds. The Delegates mostly signed the Constitution were not all wealthy landowners looking out for them. There was some small farmer in that group, who would never sign the document to benefit the rich. In other chart on the Delegates to the New York State Ratifying Convention shows that there was a mixes of  people with different economic status voting for the Ratifying Convention. Also the people who voted were Federal and Anti-Federal that voted Federal, plus lawyers did not vote for it and those would be the kind of people to want the Constitution if it was to benefit the supporters. This chart showing that it was not just the supports interest it was made for the nation because they were different people voting different ways. The Founding Fathers Debate the Establishment of Congress discusses about the thought of the Delegates, who were at the Convention. Mr. Gerry was one of those men there and he said â€Å"The evil we experience flow from the excess of democracy.† Also â€Å"It would seem to be maxim of democracy to starve the public servants.† To what Mr. Gerry said and that he left without signing the Constitution and who also had the largest amount of money. All these disprove what Beard was trying to prove in his thesis because if it benefited the supporters won’t he be one to want to sign it. John Madison said â€Å"From the protection of differing and unequal abilities for the acquiring of property, there results the possession of different degrees and kinds of property; and from the influence of these differences there follows a division of society into different interests and parties.† With different interests there cannot be a majority making the Constitution for their own interest. Alexander Hamilton discuses about the needs the government must attend to and under the Article of Confederation would never be possible. He pushes the Constitution that can handle all of its problems and looked for the best interest of the people because it does benefit him just the stability of the country. I believe that Beard’s thesis on the motives of the Founding Fathers was not entirely correct because it was more than economics. I am impress on his thesis because he does creates support back up his thesis and with just reading his writing it makes you wonder is it possible, which is want he want that to be the reaction of people. The problem is if you are an historian you could not just read his writing, you must research other source and reading other primary sources the Beard’s thesis died out. Beard thesis is a step to understand our past; with this the historians stimulate others to research better and so on. That was one of Beard’s goals  but it backfired and took his thesis out of believing it was possible. This is a way of life and that it is the right of the Constitution to have been able to disprove peoples work and improve to understand our past.

Sunday, September 15, 2019

How Successfully Did the Liberals Handle the Constitutional Crisis?

How successfully did the liberals handle the constitutional crisis in 1901 – 1911? In 1909 Lloyd George was the Chancellor, he was in charge of the countries money and how they spend it and how much they tax the public. He needed to increase the budget some how to pay for battle ships because England was in a arms race with Germany. When taxing the people he only wanted to increase the tax for the rich, he did not see it would be fair to increase the taxes for the already poor and those struggling to pay the tax already; however he came across a problem.The House of Lords had been the most powerful part of parliament, they had the power to block any bills and laws coming form the House of Commons. They had recently blocked the Education Act. This had been tradition for the past 200 years allowing them to dismiss any bill, this was incredibly bias though, most bills were passed to benefit the poor and to charge the rich. This bill would easily pass the Commons but not the Lords , Asquith’s solution was to ask King Edward VII (who had the highest power in the country) to create peers.In doing this the Liberals would be able to out vote the Conservative lords. The King agreed to this but he suddenly died in May 1910. This presented the Liberals with another step to over come. The next to the air was George V; his ambition was to get two parties to come to some kind of agreement without resorting to making new peers. A constitutional conference was held between June and November. The Conservatives offered to reform the composition of lords, but the liberals were determined to reduce the power of the constitution.The Conservatives also tried insisted the lords should have the power to veto any change in the constitution, enabling them to block the home rule for Ireland. Asquith was under strong pressure from the Irish to reject the Conservatives’ proposal. George V finally agreed he would create enough new peers to pass the parliament bill as lon g as the Liberal’s one a general election fought on this issue held in December. The Election left the Liberals and Conservatives with exactly the same number of seats, 272 each.However because the Liberals had a strong backing from Labour, who had 47 seats, and from the Irish Nationalists, who had 84 seats, the Liberals were able to rely on a working majority and would remain in government. This parliament act helped make the British constitution more democratic. They stopped the lord’s form controlling parliament and what happened to the country. For this reason alone I believe the Liberals were successful with the constitution crisis, however they would have not been able to do it alone, without the help of Labour and the Irish Nationalists the conservatives would have been in power.

Saturday, September 14, 2019

Science Fiction and Empire on Environmentalism

One of the main aspects of science fiction that sets it apart of almost all other genres is its ability to influence the direction of humankind. By stimulating a reader’s thoughts of the possibility of different futures, not only does science fiction serve as a popular source of entertainment, but it also encourages one to analyze the possible prospective effects of the generation’s powerholders’ and their decisions.As a science fiction writer himself, Isaac Asimov once said, â€Å"Intelligent science fiction writers attempt to look at world trends in science and technology for plot inspiration and, in doing so, they sometimes get a glimpse of things that later turn out to be near the truth† (Asimov, page 79). Through the use of empires as the powerhouses of society, SF books like War of the Worlds and Foundation dig deep into the question of what would happen if societies continued to allow the progression of destructive and commercial technologies.Frank Herbert’s, Dune, also questions the future of the universe while shining a spotlight on the clash between humanity and the environment. By providing a glimpse of the future as a product of current technological change, science fiction helps an audience examine which way they want to shape the progression of human kind, and therefore provides a unique service to the world. Since the beginning of time, the purpose of technology has been to enable one to do something that otherwise would be impossible.Technology is an incredibly powerful tool, but with great power comes great responsibility. Serving as a symbol of power, positive technological development will generally distinguish a good empire from an evil one, in both the real world and the world of science fiction. In the novel The War of the Worlds by H. G. Wells, a Martian invasion leaves a previously invincible British Empire in ruins. The aliens violently expressive a total disregard for human life and the environment of earth. Weapons, called Heat-Rays are used against the humans and completely destroy everything in their way.These laser guns were a good prediction of future military technologies, resembling those of mass destruction known today. The book’s use of mass destruction of both the human race and the environment draws attention to our own planet’s possible future if nuclear weapons were ever to be placed in the hands of enemies with merciless hostility. Perhaps one of the most famous SF writers of all time, Isaac Asimov has also expressed his distaste for destructive technologies. â€Å"The Earth faces environmental problems right now that threaten the imminent destruction of civilization and the end of the planet as a livable world.Humanity cannot afford to waste its financial and emotional resources on endless, meaningless quarrels between each group and all others. There must be a sense of globalism in which the world unites to solve the real problems that face all gro ups alike† (Asimov, page 5). However, his book, Foundation, serves as an interesting contrast to the imperialistic warfare from The War of the Worlds. Focusing on a trend that the ideal progression of civilization may one day reach, this book introduces a pacifistic society in which violence is considered the last refuge of the incompetent.However, the environments depicted in Foundation are inconsistent with Herbert’s conception that a peaceful universe will also be rich in ecology. Given that violence was spoken as a thing of the past, and taking into consideration the environment of planets like Trantor consisted of civilization under a steel dome, this may further imply that violence and mass destruction have already taken their toll on universe of that time. This may suggest that total destruction of nature, by evil technologies, was what finally convinced humanity to become a pacifistic universe.Asimov’s use of ecology as a sacrifice made in order for peace among mankind questions if future pacifism will be possible before the misuse of technology annihilates Mother Nature forever. Conserving the environment seems to be a popular theme in SF, especially after the publication of Dune in 1965. This book depicts a future universe where even though a nuclear holocaust of the human race is not an issue, other powerhouses’ affairs continue to dominate in priority over the environment of planets. Dune encompasses an interesting parallel that would almost exactly predict current issues.Global wide controversy that major industrial accidents have significantly negative impacts on global environmental degradation is one of the main concerns among environmentalists today. These risks include human induced climate change, ozone depletion, and the loss of biodiversity, and if remain ignored will lead to the inhabitability of earth. Dune’s harsh desert environment may not have been a result of human interference with nature, but the f ailure to proliferate a lush green ecosystem, because of an empire’s concern of profit off the spice trade, does express concerns of global industrialization.This planet, originally known as Arrakis, is described as the empire’s wasteland, while at the same time being the most valuable planet in the universe. This inverse relationship between commercial gain and ecological richness advocates a need for major change in the distribution of power in a globally economy, especially aiming to put a halt to exploitation of earth’s natural resources by industrial power-head’s. Dune ultimately criticizes commercial empires for valuing profit over concerns for ecology, and above all pressures for change that will benefit the common good of humanity. What distinguishes us human beings from all the less advanced forms of life on earth is that, having at last become conscious of the challenge of survival, we have consciously undertaken to shape our own future. This re quires us to look ahead, even beyond the span of any single generation† (4). This quote, published by the Council of Foreign Relations in a journal for Foreign Affairs, surprisingly has no intentional relationship to SF. It does, however, coincidentally represent not only the current impact of science on progression of humanity, but also embodies the underlying theme of Foundation.Foundation is focused around a character named Hary Seldon, who uses the science of Psychohistory to predict the future of mankind. While conducting his research, Seldon discovers that the Galactic Empire, which is currently in power, will soon fall, and a new empire will not arise for thirty thousand years. Knowing that the time between empires will be nothing but barbarism, Seldon initiates a plan to create a compendium of all human knowledge, called the Encyclopedia Galactica, that will ultimately decrease the time of the dark age to one third of its original prediction.Seldon’s goal to imp rove the quality of life for the people of the collapsing empire, through knowledge, is significantly similar to environmentalists’ research efforts to prevent the demise of earth’s ecosystems. Considering that crisis aversion through science has very much come to life, it can be concluded that SF can, to some extent, predict the future. A nuclear physicist, by the name of Dr. Ron Nielson, coincidently posses many of the characteristics of Seldon in Foundation, almost as if Hary had come to life. In 2005, Dr. Nielson published a book called The Green Handbook: Seven Trends Shaping the Future of Our Planet, which he described as an essential reference for anyone who cares about the future of the planet. It surveys not only the deterioration of our physical environment but also economic, social, and political trends that give an understanding as to how these critical issues can be addressed. There are many similarities between Dr. Nielson and Hary Seldon, but the most me aningful quality would be that both scientists advocate change in humanity for a cause that they will not be alive to redeem the benefits of.Unlike industry officials, who are only interested in immediate commercial gain, these two men embody the characteristics of a true SF hero; one who protects of the progression of the future of humanity. The hero of Dune, Paul, is a character of interesting complexity that also strives to change trends in the ecology of his planet, much like Dr. Neilson. Paul is different from his family and social class in the sense that he feels a great connection to the environment, similar to those of the native people of Arrakis, called Fremen.The Fremen dream of a surreal utopia in which the harsh desert environment is metamorphosized into a lush self-sustainable ecosystem, in which the scarcity of water is no longer an issue. With the help of the Fremen and an ecologist named Kynes, Paul is victorious against his greedy rival, the Baron Harkonnen. Paul e xhibited characteristics exactly opposite of the Baron’s ruthlessness. When a sandstorm endangered workers in the spice mines and a large shipment of spice, Paul did not hesitate to sacrifice the spice for the lives of his people.The book places a special stress on the absence of a sense of altruism and respect for nature in the antagonist’s character and empire. Herbert’s characterizations, that embody the struggle of good versus evil, are suggestive that drastic policy changes must be met by either a change in morals and values of the people in charge, or a complete overthrow of authorities by advocates who have righteous intentions for the future of mankind. The association of the word ‘utopia’ with the notion of nature makes the theme of environmentalism even more obvious in this novel.The novel is strongly suggestive that environmental problems of today cannot be ignored any longer. Frank Herbert and Dr. Neilson share a common objective of advo cating environmentalism through their writing. The difference is that Herbert incorporates it into fictional pieces of literature, while Neilson chooses a more scientific and direct path of expression. Herbert’s use SF literature, to push for a green movement by society, shows how SF can be used as a tool to improve scientific literacy and knowledge of future concerns associated with our current usage of technology. Science fiction ses a blend of entertainment and science to create, what some might, call more effective means of scientifically educating an audience. The impact of science fiction does not just stop at a mere introduction of scientific problems to the public. Plots of science fiction often offer possible plans of action to induce change and progression in a positive direction. In both Dune and Foundation, government or politics was used to bridge the gap between what was happening and what needed to happen. In these novels, as well as in real life, possesion of high political power is almost always a requirement for initiating radical change.In Dune, Paul inherited his father’s position and power. By joining forces with the Fremen, Paul became the leader of a mini-empire in hopes to put an end to the exploitation of the planet’s resources by the evil Harkonnens. It was not until Paul was named the new emperor of the universe, however, that his plans to change the planet into a garden paradise could finally begin. Dr. Neilson chose to end the preface of his book encouraging policy-makers, decision-makers, and journalists to use their influences and lifelong experiences to help steer away from the future taking an undesirable course of events.However, this encouragement does not give a concise solution the problem he lists in The Green Handbook. Applying concepts from the three SF books being analyzed, the process to change the course of the seven trends that Neilson feels are slowly degrading our planet, a high position of pow er among policy changers must first be obtained. A book by Michael Howes, called Politics and the Environment: risk and the role of government and industry, gives intense incite to what further needs to be done to save our planet.This book focuses on meeting the challenge of undoing environmental risks with more technical innovation and economic reform. It also shines a light on the roadblock that people who deny that there is any serious risk are causing, mainly those who benefit from industry. The struggle between those interested in commercial gain and those who attempt to advocate change to benefit the environment is realistic problem often portrayed in SF. Dune, Foundation, and War of the Worlds all express a common concern for what impacts destructive technologies, like weapons and exploitative industries, may have on the future of mankind.These books also seem to preach that good motives and compassion for humanity are qualities of good empires, while evil ones are still focu sed on the use of violence and greed. The power placed in the hands of the most influential people of the empire is also a symbol of responsibility of those to always make decisions for the greater good of humanity. Governments of today’s nations could effectively avert future ecological crisis on earth by balancing power scientists and big industry officials. The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom† (Asimov, pg 13). By taking a glimpse into the future, politicians that value the earth’s well-being can be the change needed to save the planet, ultimately making them heroes like Paul and Seldon. In this case, science fiction may also be useful tool in impacting the public to push for changes from politicians. The ability of the genre of SF to really impact the future of technology makes it the most relevant type of literature in current time.

Friday, September 13, 2019

EXTRA PAYMENT Essay Example | Topics and Well Written Essays - 2000 words

EXTRA PAYMENT - Essay Example It is a mass-based airline, therefore it must adopt a dual strategy by competing in the price segment as well as the premium segment. To achieve this differentiation, it may even develop a new economy brand that offers value for money, while retaining the original BA brand for its premium customers who are willing to pay extra for its services. The brand differentiation will help to create a strong product positioning and sharp market segmentation for BA. It will clear its focus regarding its target customers and define and differentiate their aspirations and priorities, instead of following a â€Å"treat-them-all-the-same† approach. The economy brand of BA will be able to derive great benefit from the strong brand identity of the original British Airways that is focused on premium quality and service. Therefore, within the price segment options, the customer may prefer the BA economy option, considering the BA brand value and the image of reliability that comes along with it. The exceptional quality and services culture of the original BA brand, its investments in training, motivation and employee development, its wealth of learning and experience in creating a service oriented organization, are bound to provide incidental gains to its economy brand. So even within the price market, the BA economy brand could be in a position to stand out amongst other price competitors, with its service-oriented history, reputation, culture and employee orientation. Along with the strategy on pricing, brand differentiation, and service quality, it is equally important to deliver the clear message to the potential customers. Therefore, effective and focused marketing and advertising strategies have to be in place to ensure that the customers get a clear understanding of the unique product offerings of the British Airways. In the airlines industry, as in any services industry, employee development and motivation is

Thursday, September 12, 2019

Switching behavior and cycling durability on TiO2 coated Mg4Ni thin Essay

Switching behavior and cycling durability on TiO2 coated Mg4Ni thin film mirror - Essay Example Transmittance of the mirrors that were coated with the TiO2 film in the transparent state is improved by interference of multiple layers. Switching responses of multilayer thin films (Pd/Ti/Mg4Ni) was not effected by the outermost coatings of the TiO2 films, that is, hydriding and dehydriding speeds almost the same compared to the uncoating mirrors. Magnesium [1-3] and magnesium-based thin films [4-9] with a cap layer of Pd that can be switched between transparent and mirror states by hydrogen gas loading have attracted attention for their potential applications as smart windows, optical switches, and hydrogen sensors. Among various switchable mirror materials, magnesium-nickel alloy thin films [5-7] are one of the most promising candidates for practical use of a switchable mirror from the point of view of material cost and optical switching performance. It shows, however, fast degradation like other switchable mirror materials; after about 150 switching cycles it can not be switched again [10]. This low stability is the most severe obstacle for their applications. The investigation of the degradation mechanism indicates that the formation of magnesium oxides at the outermost surface and failure of the Pd cap layer are the major causes of the degradation [10]. Magnesium in the thin film of Mg-Ni is easy diffusing towards the outermost surface during the hydrogenation and dehydrogenation processing due to the fact that the total energy is reduced by the segregation of the Mg to the surface [11]. The researchers have developed various devises to extend the lifetime of this mirror system for practical applications. For this purpose, the various polymer materials have been used as a protection layer by spin coating to surface of the mirror [12], and the hydrogen diffusion metals such as Ti, Nb and V as a protection layer inserted to the Pd top layer and the Mg-Ni thin layer period [13]. Polymer coatings can extend the switching

Wednesday, September 11, 2019

Causes of road rage Research Paper Example | Topics and Well Written Essays - 500 words

Causes of road rage - Research Paper Example Road rage, aggressive behavior with the spouse etc are considered to be common instances related to this disorder. Standing (2007) also discussed the relation of this order with road rage. Road rage is one of the most common types of abusive behaviors that are experienced by people in their daily lives. Standing (2007) quoted a research in which the results concluded alarming figures; road rage causes hundreds of thousands of deaths every year and causes damage worth billions of dollars around the world. Leger Marketing (2001) also provided useful figures and stated that almost 20.4 % of the entire adult population in Canada has been known to be affected by different types of road rage incidents in the year 2001. This research also highlighted an interesting comparison regarding the number of males that are engaged in road rage incidents as compared to the female population; 23.2% men are known to be involved in road rage incidents as compared to 17.7% women. These are some of the common instances that are faced by individuals on the road and causes road rage. James and Nahl (2000) explained that even calm individuals tend to experience road rage since driving usually proves to become a stressful endeavor in the presence of various disturbing aspects. They enlisted around 15 factors that cause stress while driving, for example, traffic jam, noise pollution, changing temperatures, immobility etc. These factors cause stress among drivers and leads to lack of patience and tolerance when some unreasonable incident takes place on the road. Road rage is often taken as an excuse for a happening in someone’s life, for example, family trauma, running late for an appointment, alcoholism etc. Aggression and abusive behavior on the road should never be justified by any circumstances in one’s life since it is considered unethical under all conditions. Traffic rules should be followed religiously while driving since many

Tuesday, September 10, 2019

Industrial Relations Negotiations and Commercial Negotiations Research Paper

Industrial Relations Negotiations and Commercial Negotiations - Research Paper Example A negotiation process cannot be successful if both parties only look after their own benefits and do not come towards a win-win situation in which both the parties benefit from the negotiation process. Negotiation, in general, is of two types that are industrial negotiation and commercial negotiation. These two types of negotiation are different from each other in terms of their focus and the parties to the negotiation. Negotiation as a process also differs in different cultures. In the course of this essay first negotiation as a concept is defined and then the process involved in negotiation are taken into account. After this part differences of the negotiation in two types of a setting are discussed. In the end, the effect of culture and other elements that are specific to countries on the negotiation process is discussed. The effect of culture on negotiation is important to note in view of the concept that when people of different cultures sit to negotiation this is the most impor tant factor that has to be taken into consideration. According to the authors, Frow, Marginson and Ogden negotiation means discussion or agreements between two parties for making an acceptable and joint decision. Sometimes in this process, legal documents and rules are involved. In this process, people settle their differences. The authors say that the interests of parties are solved by making effective negotiation. The conflict also arises in the process of negotiating any matter. Two main elements are involved in the negotiation. One is constructive compromise and another one is purposeful persuasion. The main purpose of negotiation is to make an agreement by solving debates. Various factors of the parties are taken into consideration for establishing an agreement. Effective negotiation provides several advantages to all the parties involved in the process. As per these authors by discussing and solving different issues, best possible