Saturday, August 31, 2019

Reforms in China Essay

Many reforms have been introduced in China since it attained its independence but the most significant ones took place after 1978. These reforms are very popular in the history of China as the economic transformation is all attributed to them. The need to introduce the reforms was the urgent political as well as economic urgency to revive the Chinese economy which was headed for doom. Communism failed to see the country realize its goals of industrialization. Instead it had seen the country compromise its food security and it was clear that development would not be realized self sufficiently. There was need to introduce new and different policies to help change the country’s economy. The reforms were successful in the sense that they liberalized prices, diversified the banking systems and promoted the development of the private sector which was almost inexistent. The state sectors would gain increased autonomy and would operate in a free economy as a way of increasing their efficiency. Despite all these positive effects of the reforms, important issues that emerge calling for serious or vital considerations if they are to be addressed effectively. This paper aims at classifying the CPS reform strategy and establishing if it is a sinified socialist or an authoritarian developmentalist. CPS reform strategy is authoritarian developmentalistic in nature. The reforms have been successful in improving the people’s standards of living and as Randall explain in his book China Modernizes – Threat to the West or model to the rest? the life expectancy rate has risen. (Peerenboom, 2007). China has been registering economic growth year after year and this is expected to go on for quite a long time. It has promoted trade liberalization and embraced capitalism but the role of the state is also significant and cannot be undermined. The state is responsible for the regulation as well as the control of important sectors of the economy. It also ensures that the conditions are effective for the effective operations of business. Privatization was to be encouraged with the introduction of the reforms. It strengthened the private sector which was almost inexistent during the era of communism. The reforms have brought about mixed feelings to the Chinese people. Despite the economic benefits that came with the reforms it is argued that they brought about separation or segregation among the Chinese people. China introduced the reform as it wanted to revive the economy as well as to increase its independence where the aspect of foreign dominance would be eliminated. The political leaders at the time internalized the need for intensive economic development and there were focused to enhancing industrialization. A socialist nation is one where the state has much control over almost all aspects. Such systems are condemned in the sense that they create minimal incentives to encourage innovation. In general, the issue of efficiency is one that raises much concern in as far as such states are concerned. With the reforms the government control on prices would be minimized and consequently the market distortions that were caused would be eliminated. If power is decentralized the various levels of government would have the autonomy necessarily to enable them work effectively and efficiently. Allowing state corporations to operate within the limits of the market forces of demand and supply would see to it that prices reflected the actual prices. It is this ideology that would enhance the effectiveness of such bodies. As China moved away from the initially practiced socialism it continued to undermine nationalism and the economic aspect was placed above the other aspects. The resultant effect of this practice was the intensive distortions in the economy as well as in the political arena. The popular values that ensured that the people’s interests remained the government’s major role were replaced by the need to develop. As Randall explains in his book China Modernizes – Threat to the West or model to the rest? chapter four democracy in the Asian countries remains a highly debatable issue and it creates mixed reactions in people. The real sense of democracy does not seem to be felt as can be seen in the manner in which elections are carried out. In any democratic nations elections are carried out to let the people have a say in the matters concerning their nation. They act as a measure that checks on how a country is run. Good leaders are generally elected or re-elected to continue with the projects they have established. However, the manner in which most Asian countries conduct their elections is quite questionable and it raises concerns as to whether the main reason for the elections is to ensure that democracy prevails. They are characterized by chaos and people would go the extra mile of disrespecting the rule of law to secure their position in power. The response of the common man as regards to this issue is hostile in nature. If people are denied the right to freely and fairly participate in the running of their own nation then they end up opting for harsh measures. (Peerenboom, 2007). Tun-jen, Jacques and Deborah argue there is need to reform the political organization too. Power in China has not been reformed and the same powers that the first generation had are the same powers that the four generation has. (Huang, 2005). A good illustration to prove the reality of this statement is the fact that just as the earlier leaders had much power in as far as the military was concerned so are the current leaders. There is need to change the political system especially the party organizations. This would lead to their effectiveness in addressing issues as they emerge. The political leadership should move with the times as different times are characterized by different and unique issues. Tun-jen, Jacques and Deborah suggest that if the government is to regain its lost glory tarnished by the rampant corruption that jeopardizes its very legitimacy then the political leadership must be reformed. It must change in a manner that makes it relevant to the newly emerging situation. (Amin, 2005). The reforms can be explained as ‘authoritarian developmentalistic in nature. The political elite who form the government are committed to ensuring that development remains a highly valued national goal. To attain this goal they have set necessary institutions to design, implement the state led development projects. Although capitalism is embraced in such a state this is not without some restrictions. The institutions with the role of ensuring that policies set in place are geared towards the economic development of the nation makes it hard for other parties to make their contribution. This exclusivity of some institutions at that expense of the majority causes much conflicts or tension. The capitalism exercised in China is limited to the extent at which the state intervention is ensured. Policies that are allowed are those that pave way for rapid industrialization and more preference is given to the structures or institutions that would be of a positive impact in as far as economic development is concerned. The reforms failed to let the market operate effectively as with the mixed economy government control in market was inevitable. As Randall explains in his book China Modernizes – Threat to the West or model to the rest? chapter four, bureaucratic privileges were not effectively addressed and the country’s power structure was not effectively addressed thus undermining democracy. As a result of this the common man feels detached from the same system that is supposed to ensure that his interests are amicably dealt with. The government has failed in fulfilling its responsibilities effectively as can be seen in the way it exhibits laxity in the implementation of laws that ensure the protection of its citizens. Public participation is highly disregarded in as far as policy making is concerned. The reforms were to bring about significant changes which should be felt by the entire system. (Peerenboom, 2007). Consequently there is need to implement changes in the legal as well as the political institutions. Some aspects of socialism should be adopted to ensure that economic development is not at the expense of the common man. For there to be effective development it is important that countries must embrace democracy. Whenever democracy is undermined then the chances for intensive demonstrations are increased and this is not good for the economy. If people are not allowed to have a say in their affairs they may opt for the harsh ways of expressing their views. Again, if consultation is not done the policies to be implemented may not necessarily the best for the people. Democracy invokes varying or rather conflicting views as some argue that its efficiency is correlated to state of the country in question. To this regard they argue that its effectiveness would be felt in the developed countries. (Peerenboom, 2007). However, in some developing countries with many groups where there is minimal chance of one group dominating the others it can well exercised. In the current position, democracy only works to benefit a few people in the society. The elite who stand a better position in society whether in the aspects of power or money tend to benefit at the expense of the majority poor. Democracy does not address the same issues it was introduced to deal with. In any cases it only works to perpetuate conflicts as the commoners will strive to use whichever means at their disposal to have their voice heard. The inefficiencies that ‘democracy’ is characterized with include the lack of transparency by the elite n society. This paves way for irregularities in the system as the political elites are not answerable to anyone. They are reluctant to meet the needs or interests of the people even though that is their major role. Another important characteristic of this democracy as explained by Randall in China Modernizes – Threat to the West or model to the rest? is the poor dissemination of information. The reason behind such practice is the need to keep the people in the dark in the running of the state. As the saying goes, ‘what you do not know does not bother you’, if people are not aware of the actual evils of their systems then they would not air their views on the same. Again, if only the positive information is disseminated then the people are less likely to condemn the system or even make contributions in the running of the system. (Peerenboom, 2007). In chapter four of his book, China Modernizes – Threat to the West or model to the rest? , Randall explains how China prides in the way it has successfully alleviated millions from poverty. However their efforts can be countered by the fact that it has not dealt with the issue of inequalities effectively as the gap between the haves and the have-nots is very wide. (Peerenboom, 2007). The government is however committed to ensuring that education and healthcare are given much priority and this can be seen in the introduction of free schooling and subsidized medical care in the rural areas. There exist significant disparities in as gender is concerned and women tend to for instance register higher illiteracy rates compared to men. The minorities also seems to have been neglected by the current system and thus there is need to address their interests. Although the Chinese people need to address the main issues affecting them especially the inequality and corruption such efforts are hindered by the lack of sufficient resources. The social groups that would have come in handy in enhancing this lack the financial power to operate effectively and efficiently. Randall in China Modernizes – Threat to the West or model to the rest? describes the civil societies as too weak to meet their challenge. Jianfu Shen in his article, Population Growth, Ecological Degradation and Construction in the Western Region of China, the population growth is also an issue that the Chinese government should address. (Shen, 2004). It is critical for it to promote equality among its citizen so that it has a unified growth. The issue of inequality is also cited as one that calls for urgent redress by Tun-jen Cheng and others in China Under Hu Jintao: Opportunities, Dangers and Dilemmas, (Friedman, 2005). The issue of environmental degradation is also highlighted and it has intensified as industrialization continues to be embraced. In China the elections do not address the people’s problems. (Peerenboom, 2007). This is evident in the sense that the problems of inequality, corruption, poverty and human suffering are not resolved after elections. The elected government seems to forfeit its role in addressing the problems at hand. Politics is dominated by the political elite who are in close links with the business elite or are themselves in business. Money also plays an important role in influencing the elections as the affluent give money to attract more votes. The authoritarian developmentalistic reform strategy gives room for social evils like political violence as well as rampant corruption. Corruption is a major setback in China as Randall explains in chapter five of his book, China Modernizes – Threat to the West or model to the rest? There is need to ensure that the existing institution especially the legal system reform so that they can effectively deal with it. The role of the legal system cannot be underestimated in as far as economic development is concerned. Law and order must be maintained to create conducive environments for the people. If the rule of law is well adhered to then the chances for corrupt dealings will be minimized to a large extent. The legal systems would ensure that property rights are respected and this will be effective in ensuring that businesses flourish. (Peerenboom, 2007). This paper has by and large explained the aftermath of the reforms as a way of defining the strategy’s position. The reforms produced varying effects as some benefited at the expense of others. Whether the reforms brought about economic growth is undisputable given the fact that they saw the country emerge from just another developing country to register an increment in the country’s GDP year after the other. Many people were relieved from poverty as their incomes rose and so did their standards of living. However there is another aspect of the reforms that is not only worrying but needs to be addressed. The reasons that make the reform strategy take the form of an authoritarian developmentalist by limiting the people’s voice or say is irrelevant need to be well addressed. Lack of effective democracy where important human rights are not respected makes the reform strategy a failure in the sense that it undermines important issues that it ought to be addressing. References Randall Peerenboom. 2007. China Modernizes – Threat to the West or model to the rest? ` Oxford University Press Yanghong Huang, 2005. `Is the Chinese State Apparatus Being Revamped? ` in Tun-jen Cheng, et. al. ,eds. , China Under Hu Jintao: Opportunities, Dangers and Dilemmas, River Edge, N. J. : World Scientific Publishing Company, Samir Amin, 2005. `Theory and Practice of the Chinese Market Socialism Project: Is Market Socialism an Alternative to Liberal Globalization? ` in Tian Yu Cao, ed. , The Chinese Model of Development, London and New York: Routledge,. Edward Friedman. 2005. `Jiang Zemins Successors and Chinas Growing Rich-Poor Gap,` in Tun-jen Cheng, et. al. ,eds. , China Under Hu Jintao: Opportunities, Dangers and Dilemmas, River Edge, N. J. : World Scientific Publishing Company Jianfu Shen, 2004. `Population Growth, Ecological Degradation and Construction in the Western Region of China,` Journal of Contemporary China, 13, 41 (November 2004): 637-661

Friday, August 30, 2019

What Motivates You

What Motivates You! There was a time where employees were known as just another input into the production of goods and services. What possibly changed the way of thinking about employees was research, referred to as the Hawthorne Studies, conducted by Elton Mayo. This study found employees are not motivated solely by money and employee behavior is linked to their attitudes (Dickson, 1973). Why is motivation so important in the work force and what should be done? Motivated employees are needed in our rapidly changing workplaces.Motivated employees help organizations survive, be more productive and managers need to understand what motivates employees within the context of the roles they perform. Some are motivated by being asked for their assistance, others like to take on new challenges with a new assignment. Likewise having a role of leadership by being in command with ever decision you make with more responsibilities with minimum time. Employees are also instigated by being recogniz ed by their values and like to be seen for their values by going and doing something together.Also a compliment, reward or a bonus is another great way to encourage a member by congratulating them for a job well done. A way to get managers to get employee more motivated is by asking for general help, an idea or even opinions. Asking another person for help is possible the most sincere way to recognize their abilities and value as a worker. They themselves would feel useful to you and to the company knowing they are able to help out in any way or form. This might expose the manager with lack of skills and experience, but it gives the worker self confidence and an admirable feeling knowing something a higher position doesn't know.Few years back I use to work for Raaga, a DVD rental store for Indian movies. My manager was not so great with working on the computer and he knew I was a tech savvy in computers. He would ask me questions or get help about basic information, which I was more than happy to assist him motivating me to know something that my manager doesn’t know and makes me feel like I am an asset to have around in the store. Inquiring also shows the respect for their skills and talent that they apprehend, which leads you to greater trust in ones performance.So not only does it motivate workers, but gain respect at the same time. Some members want attention and would be an honor to be asked for help so they can use their knowledge that they have studied to solve the problem in a different form and gives them the motivation to show what they have in them. Not only does asking for help motivate, but asking for is an idea or opinion another key way. If you admire the persons idea for instance, he/she is diligent and finish their work quickly and would like to know how they finish so efficiently.Don't hesitate to ask them there secret, because not only will it flourish your business, but you will also distinguish the skills and ability in a more meani ngful way. By doing so, you not only helping your business, but also give your employees a way to express them of how they think and express themselves during their daily routine. Many managers and owners don’t take the time and trouble to go up to their employee that can suffer the company, along with the employees not having the encouragement to work productively. Motivation can also be found by having your employees rotating in different position within their home department.Many small and large businesses are looking ways to improve the work design system by creating a job rotation strategy. When employees work on the same duty each day without variation, they are more likely develop boredom and carelessness, because they lose their self-esteem and motivation values. Many workers get tired doing the same task repeatedly, which can lower motivation. This not only lets the workers maneuver around at work by having new task, but will reduce the burnout reduction of being in the same position throughout the years.Burnout is an exhaustion feeling that disintegrates businesses leading to decrease productivity, increased absences and increased of people leaving the job. Placing them in a new surrounding can change the person work behavior in an instance. They are now learning different working skills and socializing with other people in different areas of the department, which gives them the challenge to be a more skillful worker. I am currently working for Dish Network and currently we have been doing the same routine throughout the week.So my supervisor gave me a new opportunity by placing me in new location that I have never been to before. This means meeting new customers and newer environment gives a fresher feeling and new experience giving the motivation to keep working. Having a person with different skills and talent can be a plus point for the company. Furthermore, employees that are engaged with a variety of positions throughout the company expe riences increase in appreciation for coworkers and the connection between positions, which lower resentment and improve organizational commitment.Employees at the same time will build up motivational feelings by knowing that they are a great part of an asset to the company and the team. Greater the motivation the other advantage of the job rotation is increased employee satisfaction, because business owners know when a worker are not pleased with people that endeavors. This makes them feel unmotivated, disturbed and depressed, which is disrupting productivity. Informal leadership can also put a major impact on gaining motivation.According to Jeff Haden, author of â€Å"The 5 Best Ways to Praise Employees,† Putting an employee in a short-term informal leadership role can make a major impact. Testing their knowledge, leadership skills and managing with very little time to complete the task. An informal leadership role shows trust in your employee's intelligence and their judgme nts. The more important the assignment is, the bigger the implied praise and the greater the boost to their self esteem, which ties with motivational factors.According to Psychologist Frederick Herzberg, â€Å"Motivational factors are those elements that go above and beyond the basic maintenance factors. † (148). It gives them the opportunity to be recognized, promoted or even be given more responsibilities. This also motivates the employees to improve their productivity. They might find out new and productive way to complete the company’s goals as well as their individual goals. When they are given a big task or project in hand the boss expects you to manage everything by yourself by gathering the right people for the task and giving out orders might give stress to a person.But it unlocks their motivations and ambition to show they have it in them to accomplish anything for a job well done. Managers and employees are usually busy with their own work and never have the time to know one another. Knowing your employees either as a family or friend can make them feel flattered rather than being seen as just another employee at work. A good way to know your employee's value, especially their value to you is by doing something together. It doesn’t have to be work related in general it can be something outside of work. For instance going ut for coffee or lunch break is a great way to have a conversation. Ask about their family and kids or just life in general. At the same time a manger would want to keep a minimum distance by neither being to companionable with the members, because this may disrupt the flow of productivity of work if we had employees being more laid back and coming late to work to the time they are scheduled. By doing something with an employee individually and getting to know them with the slightest attention can also increase production making them feel admired by being known personally by the boss.Employees will automatically know their position to where they stand and will continue to do what it takes to keep the boss satisfied to be known as a valuable employee. The last source and probably the greatest source are by giving a simple compliment for a great job or even an award to show your gratitude. Money is an important factor in life, but it doesn’t always motivate them. What really motivates to perform at higher levels is being thoughtful, personal kind of recognition showing true gratefulness for job well done.For instance when I finish my shift my supervisor gives me a positive feedback at the end of the day letting me know that I am doing a fine job. Many bosses or owners don't give enough of these compliments to their employees after finishing any task, making them feel they haven't done a extensive job. A boss should notice their employee’s performance, because taking someone for granted will never be a proper motivator. Giving a positive response and other forms of showing your appreciation can show great support for the right performance.The cost is little to nothing and can be given when a good deed occurs, which is when motivation has its most effective impact. Giving a time off can also help people’s motivation. If top performers can continue to keep up with high results while working less, everybody wins. A day off doesn’t really cost the organization anything if the performance levels remain high. Coming to work day to day can be exhausting and can wear people out, which may lower motivation to continue to perform like they use to when they first started.A day off can help a person relax, spend time with the family member and regain energy so their minds can be clearer and make accurate decision or just being rewarded by finishing the job quicker. But of course it never hurts to get extra cash in your pocket by getting a bonus in your paycheck. These are only a few ways to motivate your employees and remember what ever motivates one per son might not motivate everyone else. Giving similar rewards does not motivate employees to exceed further and may ruin performance as top achievers see no reason to do the job that they are doing.According to Continental J. Social Sciences group, study of â€Å"The Effects of Motivation on Workers Performance,† hypotenuse predicted that, â€Å"The majority who are 35 in number with 58 percent proof the significance of promotion and fairness in promoting workers performance, while 17 percent who are 10 in number resort to money likewise, 12 percent for security, 8 percent and 5 percent also subscribe for recognition and prestige respectively,† for a more motivational production.It is important to know that motivational influence plays a very big role in the day to day task of workers in every organization. As a result it is clear that workers performance of any sort is a function of motivation getting from the organization and thereby improves and increase productivity . In view of that workers motivation matter a lot and should be concerned for both employers and the employees.There are many ways to motivate a person and everyone has a different way of being encouraged weather its asking your employee for help, getting placed in a role of informal leadership or even going out for a coffee break getting to know each other can be a great way as well. Maneuver your employees in different departments or environment can also be another way for them to have a fresh new feeling and of course being rewarded or getting cash bonus never hurts for getting a job accomplished for a more efficient successful business.

Thursday, August 29, 2019

Educator Role Plan Essay

Envisioning my future and creating my personal strategic plan addressing my professional development needs for my career is imperative as I face changes in my career post-graduation. Realizing my strengths and weaknesses will allow for development in the areas of need. Faculty educators may perform different roles such as advisors and mentors. A strategic plan with set goals and sub-objectives will allow for prioritization and planning in meeting the requirements of the different roles. Professional organizations such as the National League of Nursing (NLN) also allow for networking opportunities, resources, and tools to meet the goals. Strengths and Weaknesses â€Å"Preparing new nurse educators, nurse educator curricula must address the core knowledge and skills essential for effectiveness and excellence in the nurse educator role† (Kalb, 2008, p. 217). Identifying strengths and weaknesses will enable the nurse educator to address and develop areas that are considered weaknesses and flourish in areas of strength. My primary weakness is that when work is slow, I tend to become less motivated. While some nurses would take that extra time on the floor to catch up on menial tasks, I would take the time to relax. I realized that early in my career as a floor nurse, so I would always ask for the first admission or look for ways to assist the team. With that being said, my strength from that is that I work well under stress. The closer I get to a deadline, the better my thought process seems to work. In order to develop my weakness, it is important that I manage the down time appropriately. Strategic Plan The nurse educator role, whether it is as faculty, school nurse, or public health, is essential to the development of the profession. â€Å"Nursing faculty drive the work that occurs in schools of nursing† (Milone-Nuzzo & Lancaster, 2004, p. 506). Nurse educators are the key to preparing a workforce that will provide quality care for the communities in which they serve. There is a core of skills and knowledge that the nurse educator will require, regardless of his or her particular role. The responsibilities of educators in various settings may differ in certain aspects, but the main role of any educator is to facilitate learning. â€Å"One method of future planning is to reflect on several possible scenarios and create a vision to support the desired outcome† (Hinojosa, 2012, p. 34). Faculty educators may perform roles such as advisors, lecture and clinical education sessions, skills labs, faculty committees, mentoring, maintaining competencies and accreditations. Faculty is responsible for curriculum development, student assessment and evaluation, and integrating appropriate teaching styles where necessary (Finke, 2009). To meet the objective to perform the roles, goals should be set with clear sub-objectives to identify the plan over the three to five year setting. Goal #1 To become an active member in the profession of nursing faculty at the local community college. Sub-Objective #1 In order to meet my goal, my first sub-objective would be to complete my education in the Master of Science in Nursing in education (MSN/ED) with the University of Phoenix. Sub-Objective #2 After graduation, I would develop a resume indicating educational and career background. Sub-Objective #3 I will apply, interview, and accept employment at the local community college, thereby meeting my goal. Goal #2 To commit myself to continual and lifelong learning to ensure I am knowledgeable and qualified to teach. Sub-Objective #1 After completion of the MSN/ED program at University of Phoenix, determine if more education for either nurse practitioner or Doctorate will be indicated for career advancement. Sub-Objective #2 Continue my education through continuing education units that will enhance and develop previous learning. Sub-Objective #3 Increase knowledge of culturally diverse students to better assist them in their learning experience. Professional Organization The NLN is an organization that addresses the academic spectrum of nursing programs. The NLN includes nurse faculty members and is â€Å"committed to delivering improved, enhanced, and expanded services to its members and championing the pursuit of quality nursing education for all types of nursing education programs† (National League of Nursing, 2014, para. 2). The NLN provides tools, activities, and resources to ensure the success of nursing educators. This organization offers career development and networking opportunities. Conclusion The NLN is a professional organization that provides resources for the members to be successful in nursing education. As new nursing faculty, a strategic plan with set goals will be key to meet the demands of a nursing educator. Development of strengths and weaknesses will allow for professional growth and development and I face the changes in my career post-graduation. References Finke, L.M. (2009). Philosophical foundations of the Curriculum. In D.M. Billings, & J. A. Halstead (Eds.), Teaching in nursing: A guide for faculty (3rd ed., pp. 3-17). St. Louis, MO: Saunders/Elsevier. Hinojosa, J. (2012). Personal strategic plan development: Getting ready for changes in our professional and personal lives. The American Journal of Occupational Therapy, 66(3), e34-8. Retrieved from http://search.proquest.com/docview/1017693193?accountid=458 Kalb, K. A. (2008). Core competencies of nurse educators: Inspiring EXCELLENCE in nurse educator practice. Nursing Education Perspectives, 29(4), 217-9. Retrieved from http://search.proquest.com/docview/236656695?accountid=458 Milone-Nuzzo, P., & Lancaster, J. (2004). Looking through the right end of the telescope: Creating a focused vision for a school of nursing. Journal of Nursing Education, 43(11), 506-11. Retrieved from http://search.proquest.com/docview/203966935?accountid=458 National League for Nursing. (2014). Faculty pr ograms and resources. Retrieved from http://www.nln.org/

Wednesday, August 28, 2019

International Finance Airbus and Boeing Essay Example | Topics and Well Written Essays - 1250 words

International Finance Airbus and Boeing - Essay Example Boeing Company is the largest aerospace company of US. Its operations are in more than 90 countries. The commercial airplane division is the most prominent of all divisions. The company is headquartered in Illinois and known as premier US aircraft manufacturer. Boeing's revenue in the year 2010 was $64.31 billion and first-half revenue in 2011 was $31.45 billion. The company is subject to foreign currency exchange risk for company's revenue comes through its operations in various locations and company also makes payments to suppliers in foreign currencies. The company needs to manage foreign currency risk by entering into the foreign currency forward contracts, hedging the price risk associated with receipts and payments with respect to current business. The forward contracts neutralize the effect of any negative exchange rate fluctuations and safeguard the company. Airbus is headquartered in Toulousse and owned by EADS. Airbus' operations are spread throughout the world with total workforce of more than 119,000. The company's costs are made in euro but bulk of the revenues comes in US dollar. Airbus has long delivery periods for the order received today for the aircraft the delivery will be made only after 4-5 years. In view of this, they need to enter into forward contracts to lock currency exchange rates to safe guard themselves because they should not lose when the final payments are made to them on delivery. The company’s half of the cost are paid in Euros and the company needs to hedge for at least two years at the appropriate rates against dollar for bulk of its revenue comes in dollars. The company should also make its European suppliers to bill them in dollars so that currency risk is passed on to them. Discuss a framework a firm might adopt for capital budgeting internationally. A multinational or for that matter any firm operating internationally is always worried about the revenue streams or cash flows that their investments in some other country will bring. The conversion value fluctuations between host and home currencies may make all the difference in budget and actual cash flows received after implementation of the project. 1. An international firm may adopt a simple approach as per the following. 2. Estimating future cash flows in host country currency where investment has been made. 3. Estimating an appropriate discount rate in foreign currency based on the interest rate and prevailing inflation rate in that country. 4. All revenues streams for the expected life of the project are calculated in the foreign currency of the country of operation and the same are converted to Net present value (NPV) using the discount rate also called cost of capital. 5. Converting the foreign currency NPV as calculated above into own currency using the spot exchange rate In another approach, a firm may first convert the foreign cash flows into own currency at the exchange rate expected to prevail. Then the firm may calculate its NPV based on the cost of capital prevailing in its own country. Any of the above approaches will bring the same result s. Again, in order to safeguard and mitigate the risk involved with the capital invested at international shore, the company needs to enter into a suitable forward currency contract as per the cash flows available to them for remittance to own country. Critically assess the work of the credit rating agencies and suggest possible reforms to improve their functioning. Briefly discuss whether your reforms could have prevented the â€Å"Credit Crunch†. The credibility of credit rating agencies has gone downhill after subprime crisis. The high ratings they awarded to residential mortgage-backed bonds facilitated commercial transactions across all financial markets in US and Europe. At times, their action raises host of doubts in the investor's mind. The Enron case reminds us how rating

Tuesday, August 27, 2019

Paper on TQM in International Business Essay Example | Topics and Well Written Essays - 4250 words

Paper on TQM in International Business - Essay Example The Sea-View Wing houses The Club at The Leela and is perched on a cliff overlooking the sea (Leela Hotels, 2010). Hotel Leela Kempenski, Kerala offers traditional Indian hospitality and embraced by the grandeur of modern luxuries. It offers luxury accommodation and delicious food and beverage along with outdoor swimming pools and fitness center to its guests. Due to its location between two scenic beaches, Hotel Leela Kempenski provides its guests with an extremely pleasurable experience. Its state of the art business facilities; plush accommodation, fine dining experience and hospitable services make it one of the most sought after Luxury Hotel in Kovalam (Leela Hotels, 2010). The Leela Kempenski Hotel, Kovalam is considered to be one of the finest business hotels in Kerala. The convention center can accommodate about 1000 delegates and other smaller conference rooms have a seating capacity of 30 to 100. All the conference rooms are equipped with top quality audio-visual facility (Leela Hotels, 2010). Dining at the Leela Kempenski Hotel, Kovalam is an elaborate affair. The presentation, which is as important as the quality, is extremely extravagant. The restaurants and bar are at par with international standards and offer delicious food and beverages at several eateries in the hotel. Leela Kempenski Hotel, Kovalam offers its guests with recreational facilities that help them relax and enhance their pleasurable experience. The Hotel also offers its guests with an information desk that provides them information regarding all the services being offered. The core focus of Leela Kempenski Hotel’s policies is to deliver ultimate value to the customers. It has established a Customer Relationship Management system which offers customized services to the guests thus resulting in customer retention and loyalty. This is done by offering customers with exclusive dining services, world-class

Monday, August 26, 2019

Religion and Society Essay Example | Topics and Well Written Essays - 1500 words - 1

Religion and Society - Essay Example This led to the conclusion that Protestantism in Europe helped to shape capitalism thereby having a profound effect on economic systems across Europe. I hold the opinion that religion and economy are closely linked and both have a major contribution in the society. Religion affects how people relate with each other and themselves, thereby having a huge impact on the views, opinions and beliefs of individuals with regard to other activities that they are engaged in within their societies. These opinions, worldviews and beliefs are then transferred in business where people exchange goods and services using recognized media of exchange. Religious values such as love, respect, trust hard work and other doctrines such as salvation, sin and predestination also shape how people view ownership, use and disposal of property (Johnstone, 2007). Religion encourages people to be diligent and take care of the surroundings in a way that pleases the Supreme Being, through hard work. Max Weber, realizing the influence of religion on individuals sought to analyze how such influence affected how individuals perceived the economy and business in general. In his theory, Max Weber attempts to elucidate the emergence of Europe and its uniqueness as a dominant economic force globally. Protestantism forms the core of his theory on the origins of capitalism as a major economic model. Capitalism emerged in the 17th century; concurrently with the Protestant reformation, that was taking place in Europe (Johnstone, 2007). During this time, religion was very important to most people and had a lot of influence in their actions and ways of thinking. According to Weber, capitalism began from religion and not from any technological developments that had started springing in the society at the time. Calvinist religions in Germany in particular were very fundamental in shaping the economic system in Germany and across Europe. Weber believed that the work ethic of

Terrorism Today Research Paper Example | Topics and Well Written Essays - 1250 words

Terrorism Today - Research Paper Example According to the US Department of Defense terrorism is defined as an unlawful action that is intended to create a sense of fear or to intimidate governments and the general public in order to attain political, religious and ideological goals (The Face of Terrorism, 2007). Today's terrorist organizations work in groups which are in turn interlinked to form a wide terrorist network. Small groups of terrorist cells which are part of a larger group are trained and sent all over the world. In some cases, different terrorist networks or organizations work together to carry out an attack. All the networks work under a leader who instructs and decides on the activities of the terrorist network (Global Terrorism, n.d). Terrorists could be non state players with a transnational support such as the Al-Qaeda, cells which have regional or international links or individual independent terrorists who are not affiliated to any organization (The Face of Terrorism, 2007). Terrorism is a premeditated a ct and it is carried out based on political, religious or ideological motives. In most cases political authority, which determines the social and economic status of a country, are the major causes for a terrorist attack (Creekmore, 2007). The recent 9/11 attacks stand proof for the power of terrorist organizations to carry out an attack in a developed and super power country like America. The major objective behind the attacks was to expose the vulnerability of a country such as America and to create a sense of fear and chaos among the general public (The Face of Terrorism, 2007; Creekmore, 2007). The bombings not only targeted the public but also the US military forces. Minor losses of military forces by a terrorist attack will not only expose the vulnerability of the forces but would also result in wider media coverage and diminish the public and political support for military operations. Hence terrorist organizations do not directly challenge the government; instead they would ta rget the general population in a manner that would change their perception of the effectiveness and capabilities of their government. They also carry out their operations in a manner that would nullify the effect of the strength of the target forces as exemplified by the sudden attacks on 9/11 (The Face of Terrorism, 2007). Though the 9/11 attacks resulted in the loss of thousands of lives and property, if nuclear devices or bio warfare’s were used in the attacks the destruction could have been of a larger magnitude and would have definitely undermined the basic sense of security within the country (Carter, 1998). In addition to the loss of lives and damage to property such terrorist attacks have also have a negative impact on the economy of the country. The 9/11 attacks had a significant impact on the trading and stock markets with both the New York Stock Exchange (NYSE) and NASDAQ closed for a week after the attacks. When the markets reopened the stock market index had fall en by 684 points and the stock loss was estimated at $1.2 trillion dollar for that week. Apart from companies in the US which suffered huge losses, companies across the world which traded with the US also lost significantly. The airline industry was the most effected after the attacks which have even resulted in many airline companies filing for

Sunday, August 25, 2019

Business Ethics; Multinational Companies and child labour Essay

Business Ethics; Multinational Companies and child labour - Essay Example This change lowers the return to education and raises the opportunity cost of an education, thereby stimulating child labour†. According to the article 32 of The United Nations’ Convention on the Rights of the Child  in 1990, â€Å"the child to be protected from economic exploitation and from performing any work that is likely to be hazardous or to interfere with the childs education, or to be harmful to the childs health or physical, mental, spiritual, moral or social development† (All India council of human rights, n.d.). This report shall look into three core principles; 1)How child labour causes problems to the development of children? 2) Why organizations are keen in encouraging child labour? and 3)Why parents take child labour lightly? The case of Nike and Disney shall be discussed as case studies in conjunction with the child labour issue in this report since these companies have met with severe criticism related to its policies towards child labour in the past. â€Å"Nike has been accused of using child labour in the production of its soccer balls in Pakistan† (NIKE: Nike Shoes and Child Labor in Pakistan, n.d.). â€Å"Disneys best-selling  Cars  toys are being made in a factory in China that uses child labour and forces staff to do three times the amount of overtime allowed by law† (Disney, Mattel and Wal-mart toy-maker accused of child labour, 2013). All India council of human rights, N.d. Child labour laws and initiatives. [Online] Available at: http://www.humanrightscouncil.in/index.php/component/k2/item/124-child-labour-laws-and-initiatives [Accessed 20 January 2014] Brown, D.K., Deardorff, A.V. and Stern, R.M. 2002. The determinants of child labour: Theory And Evidence. [Online] Available at: http://www.fordschool.umich.edu/rsie/workingpapers/Papers476-500/r486.pdf [Accessed 20 January 2014] Disney, Mattel and Wal-mart toy-maker accused of

Saturday, August 24, 2019

Inventor Nikola Tesla Essay Example | Topics and Well Written Essays - 500 words

Inventor Nikola Tesla - Essay Example Nikola Tesla was born in Croatia in 1856 to an orthodox Serbian family. His father was a clergyman. After his initial education at Croatia, he studied at the Polytechnic School at Austria and at the University of Prague. After immigrating to the USA in 1884, he was employed briefly by Thomas Edison at the Edison Machine Works, New Jersey. He left the job to fully devote his time for research works and inventions. He became a naturalized American citizen in 1891 and spent the creative period of his life at Manhattan where he died in 1943. He suffered bankruptcy and died destitute. Tesla did most of his experiments at his laboratory in New York City. The patent right of his system of getting electric power from AC was purchased by George Westinghouse, an American inventor. Of this inventive genius, John J. O'Neill says "This spark of intellectual incandescence, in the form of a rare creative genius, shot like a meteor into the midst of human society". Mechanical engineer by training, most of his inventions related to electrical field. The world believed that Marconi was the inventor of radio till the US Supreme Court resolved the dispute in favor of Tesla in 1944 after his death.

Friday, August 23, 2019

What is Globalization Assignment Example | Topics and Well Written Essays - 1750 words

What is Globalization - Assignment Example In the perspective of international business, its impacts range from manufacturing, production, promotion, consumption, commercial exchange, and distribution. Large companies go for internationalization (i) To grow the size of its marketing and operations (ii) To gain new skills through host country workers (ii) To increase its strategic assets and profit. Small and medium-sized companies internationalize (i) To increase their revenue (ii) to utilize the resources in host countries which are not locally available In individualistic cultures, individuals are more oriented towards personal objectives rather than the benefits of the community or group while in collectivist cultures; people usually have more associations with the interests of the groups like national interest, family interests, and community perspectives. Economists generally measure the economic performance of a country by considering it GDP rate, inflation rate, unemployment rate, foreign currency reserves, currency exchange rates, national income and growth rate per capita, and balance of payment. Ethical consumerism, transparency and trust, employee motivation, increased public expectations of business, laws and regulations, crises and their consequences, and stakeholder priorities are the basic motivational factors behind the global corporate responsibility. From manufacturing to sale in the competitive markets, each and every new product has to pass through a series of stages. It includes introduction, growth, maturity, and decline stages. In a corporate world, these sequential stages are known as Product Life Cycle (PLC). Since Product Life Cycle is closely connected with continuous changes in local and global markets, therefore, it has direct effects on the business plan, corporate strategies, and marketing mix. Blue Ocean Strategy is actually an attempt made by some new or unknown industry or product to capture an uncontested space in the market.  

Thursday, August 22, 2019

Computer Forensics Essay Example for Free

Computer Forensics Essay Computer forensics, also called digital forensics, network forensics, or cyberforensics, is a rapidly growing field that involves gathering and analyzing evidence from computers and networks. Because computers and the internet are the fastest growing technology used for criminal activity, the need for computer forensics specialists will increase in years to come. A computer forensics specialist examines computer media, programs, data, and log files on computers, servers, and networks. Many areas employ computer forensics specialists, including law enforcement, criminal prosecutors, military intelligence, insurance agencies, and information security departments in the private sector. A computer forensics specialist must have knowledge of the law, technical experience with many types of hardware and software products, superior communication skills, a willingness to learn and update skills, and a knack for problem solving. When a problem occurs, it is the responsibility of the computer forensics specialist to carefully take several steps to identify and retrieve possible evidence that may exist on a suspect’s computer. These steps include protecting the suspect’s computer, discovering all files, recovering deleted files, revealing hidden files, accessing protected or encrypted files, analyzing all the data, and providing expert consultation and/or testimony as required. A computer forensics specialist must have knowledge of all aspects of computers, from the operating system to computer architecture and hardware design. There are three main areas of law related to computer security that affect computer forensics and those come from the fourth and fifth amendment, the U. S. federal rules of evidence and hearsay and finally the three U. S. statutory laws. Computer forensic specialists must be very careful when doing any type of investigation and be sure to follow the laws, if the laws are broken in any way they can be charged with a felony. In conclusion to sum up what computer forensics is in a short it is simply the application of computer investigation and analysis techniques in the interests of determining potential legal evidence.

Wednesday, August 21, 2019

Intrinsic and Extrinsic Motivation Essay Example for Free

Intrinsic and Extrinsic Motivation Essay As we’ve already learned, â€Å"motivation† entails trying to find out why people act the way they do (Brophy, 1998). Recalling on it, â€Å"motives† are specific forces that strengthen and direct behavior toward solving a problem or realization of a goal (Brophy, 1998). â€Å"Motives† differ from each other according to kind, for instance, hunger, thirst, etc; according to intensity, for instance, more hungry than thirsty; according to origin, for instance, biologically-based as against experience-based (Brophy, 1998). It may also be different in terms of being internal or external and the degree to which a person is aware of them (Brophy, 1998). For instance, employees who go on strike may do so because they adhere to some moral principles or â€Å"instrinsic motivation†; or because they would like to ask for a salary increase or â€Å"extrinsic motivation† (Brophy, 1998). â€Å"Intrinsic motivation† is concerned with motives based on one’s own internal needs and desires while â€Å"extrinsic motivation† involves positive or negative external rewards that affect behavior (Brophy, 1998). Another aspect that may differ the â€Å"extrinsic motivation† and â€Å"intrinsic motivation† is the fact that in â€Å"extrinsic motivation†, â€Å"it focuses people on the reward instead of the action† while this is not the case in â€Å"intrinsic motivation† (Morris et.al. , 2005). That’s why if the rewards are stopped, the action/behavior also will (Morris et. al. , 2005). To compare or contrast â€Å"intrinsic and extrinsic motivation† further, let’s a look at some more examples: When an individual knows that a reward will be given as a consequence of what he or she is about to do, which actually fits the technical definition of â€Å"extrinsic motivation† then he or she is most likely to carry it out (Morris et. al. , 2005). Another example is when an individual does things not because he or she has or needs to but because he or she wants to (Morris et. al. , 2005). The fact that the individual does it and that it is rewarding in itself for the individual then what he or she is doing is the exact definition of the technical term â€Å"intrinsic motivation† (Morris et. al. , 2005). References Brophy, J. (1998). Motivation. Burr Ridge, IL: McGraw-Hill. Morris, C. G. Maisto, A. A. (2005). Psychology: An Introduction, 12th Ed. New York: Prentice-Hall.

Tuesday, August 20, 2019

Different users of financial statements have different informational needs

Different users of financial statements have different informational needs Financial statements form the backbone of communicating the information about the company to the members within and outside the organization. According to International Accounting Standards (IAS 1.9) The objective of general purpose financial statements is to provide information about the financial position, financial performance, and cash flows of an entity that is useful to a wide range of users in making economic decisions. (Deloitte Global Services Limited, 2010).Owing to the wide variety of users of this information and that of the structure of business entities, there are different types of financial statements. Users refer to them from time to time in order to make correct economic decisions. Depending upon the type of information provided by them, financial statements are categorized in 4 types viz. balance sheets, income statement, statement of cash flow and the statement of equity. A Balance Sheet gives the financial position of the entity by considering its assets, liabilities and equity at a given time. It follows the accounting equation where assets equal capital plus liabilities. An Income Statement, also known as the Profit Loss account of an entity, reports the income, expenses and profits of the entity over a period of time. Statement of Cash flow reports the changes in cash position. It informs about the operating activities like money received from customers or paid to suppliers, investment activities that include acquiring or selling different long-term assets that are not considered to be cash, interests or dividends that are paid or received or financial activities which change the capital of an entity. (Deloitte Global Services Limited, 2010).The Statemen t of Equity gives information about the total comprehensive income of the entity over a period while separately stating the amount attributable to the owner (Wheetman P, 2006). For large organizations, such statements are quite complex and it may be necessary to provide notes that explain the items on the financial statement. They also provide information about the basis on which financial statements are prepared and any other information that may be relevant but cannot be stated in the financial statements directly. Such notes form an integral part of the statement. According to the International Financial Reporting Standards (IFRS) Financial reports are prepared for users who have a reasonable knowledge of business and economic activities and who review and analyse the information with diligence.(Deloitte Global Services Limited, 2010).Depending upon their role in the organization, different type of information is used by different users. The users of financial statements include a wide range of people including owners, investors, creditors, management, employees, vendors, public as well as institutions like banks, government organizations etc. They can be briefly classified into two categories namely the Internal Users and External Users. The employees along with the managers and the owners form the Internal User group. Owners use financial statements to access the performance, efficiency of the management, also to measure the performance of the business entity. Management, being directly related with the day to day working of the business ent ity, enjoys unrestricted access to the wide range of information (much of which is confidential in nature). It is then utilised by managers to make analysis, judgements and decisions pertaining to their responsibilities. It makes proper utilization of resources in order to meet the objectives of the entity. A separate form of accounting called Management Accounting has come into existence due to broad nature of this group of users and the high quality of information that is available to them. Employees form the other part of this group. They use the information from financial statements to determine their job security. It is also helpful in analysing the ability of their employers to provide remunerations, pay rise, pension funds and retirement benefits etc to the employees. This information is sometimes provided in form of special reports to employees as the annual reports are published late. However such information provided may be verified by the employees using the financial sta tements. The External Users of financial statements consist of investors, trade creditors, Government, financial institutions like Banks, customers etc. The financial statements are used by the existing investors to access the financial strength of the company, its economic stability, to make decisions whether to buy, sell or hold the stock depending upon the ability of the entity to pay dividends in future, to compare the performance of the entity over a period of time or with other entities in order to make investment decisions etc. It also helps investors to determine the risk factor and the investment returns over a particular period and compare the same with other entities. Institutional investors, for e.g. Insurance companies, pension funds or equity analysts that guide private investors make use of this information to ascertain the liquidity of the business and its ability to pay future dividends. Prospective investors may use the information to make valuable economic investment decisi ons. Financial institutions like Banks make use cash flow statements to determine whether to help them with working capital by issuing loans or if their loans would be paid along with the interest. Financial lenders use this information to determine the economic vulnerability of the business and its results. They may impose restrictions to limit overall borrowing limits called loan covenants. These are then verified through financial statements. Trade creditors provide services or goods on credit. They are called as unsecured creditors as they come last in the payments in case of failure of the business. They therefore make use of the information to ensure the repayment of services and calculate the non-payment risks. Government makes use of the financial statements to keep a tab on the taxes paid by the business entity and make sure that they are in accordance with the profits earned. They have a right to demand more information than that which appears in public statements. Other governm ent agencies also use accounting information to ascertain that the consumers are charged properly by organizations for their services.eg: OFGEM (the Office of Gas and Electricity Markets).Customers need information about the current and future supply of goods and services. Financial statements in form of fixed assets, working capital confirm the ability of the business to meet the current and future obligations like guarantees or warrantees. (Weetman P, 2006). Accounting statements provide financial information for the user which is to be used for decision making. International Financial Reporting Standards (IFRS) Framework identifies comparability, verifiability, timeliness and understandability as the qualitative characteristics that enhance the usefulness of information provided in the financial statements. (Deloitte Global Services Limited, 2010). According to this Framework general purpose financial statements are prepared which can help all users. However it is evident that different users require different kind of information to make decisions. Also the general financial statements and reports are prepared keeping in focus the interests of the owners or investors. Moreover management tends to modify the information keeping in mind the behaviour of the investors. This often results in the entity being over or under-priced and thus information loses its reliability and trustworthiness. To increase the decision useful financial information, the International Accounting Standards Board and the US Financial Accounting Standards Board (hereafter the Boards) are undertaking a joint project to develop a common conceptual framework with new and revised accounting standards that both the boards can use. The Boards have proposed to reconfigure the financial statements by partitioning each financial statement in five categories viz. business activities, financing activities, income taxes, discontinued operations, and equity. The allocations of these transactions would be done by management. They propose that the objective of financial reporting should be on decision useful information. The management approach would then subsume stewardship. The allocation of the transaction within the above stated partitions would be based on the assessment of the management. There is no doubt that objective of segregating the financial statement would help the investors and creditors in jud gements and decision making. (Bradshaw, M., Callahan, C. et al June 2010).However the objective of a financial statement should not be merely influencing the buying, selling and holding companys securities. The role of stewardship also has to be considered as it informs about the financial positions of the past and the current dates. It would not only keep the performance of management under vigil but the past records would also help in identifying the similar re-occurrences of such circumstances. Also importance is given to management approach whereas the very same managers are believed to report biased accruals. (Bradshaw, M., Callahan, C. et al June 2010). Hence financial reporting should not only be done with the management approach but also keeping in mind the importance of the objective of stewardship. Also guidance is to be specified about the level of details to be given in financial statements which would unlikely be provided by the managers. The framework and standards should be based to provide unbiased, faithful information to the users in order to make cost-effective economic decisions. REFERENCES Bradshaw, M., Callahan, C. et al (June 2010). The American Accounting Associations Financial Reporting Policy Committees Response to the Preliminary Views on Financial Statement Presentation. Accounting Horizons. 24 (2), pp 279-296. Business Source Premier. Available at http://search.ebscohost.com/login.aspx?direct=truedb=buhAN=51362791site=bsi-live (Accessed: 11 November 2010). Deloitte Global Services Limited. (2010). Summaries of International Financial Reporting Standards. CONCEPTUAL FRAMEWORK FOR FINANCIAL REPORTING Available: http://www.iasplus.com/standard/framewk.htm. (Accessed: 11 November 2010). Deloitte Global Services Limited. (2010). Summaries of International Financial Reporting Standards.IAS 7 STATEMENT OF CASH FLOWS. Available at http://www.iasplus.com/standard/ias07.htm. (Accessed: 14 November, 2010). Weetman, P (2006). Financial and Management Accounting-An Introduction. 4th ed. Harlow: Prentice Hall. 12-16.

France Section 1770 - 1789 - Crisis in the old regime :: European Europe History

France Section 1770 - 1789 - Crisis in the old regime The causes of tensions and conflicts generated in the old regime that contributed to the outbreak of revolution The composition of society was a major contributing factor to the tensions and conflicts generated under the old regime. Society was divided into Three Estates, the first Estate comprised of the clergy (1%), the nobility, and rest of the population was classified as the Third Estate. Not only was the Third Estate heterogeneous, comprising of the bourgeoise (lawyers, doctors, intellectuals, businessman, the traders, merchants, factory owners), peasants, and beggars, but all three Estates. Their were many distinguishing factors that set the three Estates apart. The first two Estates were associated with the monarchy and avoided or paid little taxes, whilst at the same time earning the most money. The Third Estate paid the highest taxes and earnt the least. Lefebvre saw the bourgeoisie as becoming stronger economically but still maintaining the same legal status as that of the poorest peasant. The bourgeois resented their nobles, who were simply 'born' into their position of wealth. They nobles believed that their noble birth' set them apart from the rest of society.' However, the nobility were also dissatisfied under the ancien regime, where they had little, yet still more then the bourgeois, influence in politics. Although the upper clergy enjoyed many privileges, including being exempt from paying taxes, owned about 10 per cent of the land, and received their wealth from the land they owned and the collection of the tithes. Yet, the lower clergy did not enjoy these same privileges, while the 'Bishop plays the great nobleman and spends scandalous sums on hounds, horses, furniture, servants, food and carriages, the parish priest does not have the wherewithal to buy himself a new cassock...the bishops treat their priests , not as honest footman, but as stable-boys.' It is clear that social unrest was felt by the whole population. Prior to 1780s the people of France blindly accepted the foudations of the Ancien Regime. The period known as the Enlightenment or 'Age of Reason' saw philosophes such as Voltaire and Rousseau attack the Church, and the absolute power of the King and the inequitable social composition of society. For the first time people were questioning the society in which they lived. It became the fashionable conversation of the times, and this propoganda took place in salons, cafes and even educational institutions such as the museum of Paris.

Monday, August 19, 2019

Essay --

Introduction Aircraft maintenance is interpreted as the activity in sustaining an aircraft to its serviceable condition in the manners of inspection, repair, overhaul, replacing or modification of an aircraft component. The aviation industry also needs a systematic management in terms of organizing the maintenance activity. A proper management helps the organization to sets up a good reputation in term of providing a decent business service. In addition, an organization develop their own complex methodology to maintenance requires modern administration both in the advancement of the beginning maintenance program and at its usage by the industry. In part, this methods responding to real mishaps by making forceful move to anticipate similar accidents, yet without taking away from continuous security projects to address other risks. Almost all aircraft accidents are caused by a chain of events, the elimination of any one of which could have prevented the accident. The most regular link in these chai ns involves human factors (pilots, air traffic controllers, maintenance crews, etc.). However, in some cases, one or more links in the accident chain are linked with the design of the aircraft. Either a management deficiency results in an equipment malfunction that leads to an accident, or a design improvement could have prevented a surprising event from resulting in an accident. For those reasons, an aviation organization need to be organized in accordance with the regulatory requirements to avoid accidents thus maintaining the financial of the business. â€Æ' Legislation Legislation is described as law that has been circulating by a regulatory body for a certain circumstances to maintaining and standardize an outcome. From the web search re... ...on whether or not an organization has to outsource a part of their business is a difficult one, and should not be taken lightly. Finding for short-term cost savings is not a bad idea, but choosing a step based solely on cost reduction or tactical problems is a short-term solution and will weaken a company's potential for long term achievement. The organization should have sufficient management skills and the capability to adapt new behaviours and processes to effectively manage an external part of their business. These skills should include knowledge of management abilities and a enthusiasm to apply them to a new and more challenging situation. Implicit knowledge must specifically be considered when planning a critical strategy, particularly if the component of the business to be outsourced by now exists internally and valuable institutional knowledge will be lost.

Sunday, August 18, 2019

Australian Climate Change in the Last 50,000 years Essay -- Climate We

Who were the first settlers of Australia and when did they arrive? Both questions have yet to be answered definitively. The most common view is that the Aborigenes’ ancestors came from southeast Asia more than 50,000 years ago (50,000 BP). That date is based on a few sites in northern Australia where thermoluminescence-dating—a technique for determining the time at which material was formed by measuring the light energy released when heating it—was used. Because a comparatively greater number of sites have been radiocarbon-dated to around 40,000 BP, ho we ver, some researchers have come to doubt the accuracy of the thermoluminescence technique (indeed, thermoluminescence dating of the Jinmium site in the Northern Territory improbably suggested human settlement as early as 120,000 BP). Given the dating-tools currently at the disposal of the natural sciences, the saftest bet is to infer that the first human population likely arrived in Australia somewhere bet we en 40,000 and 50,000 yeas ago (www.wikipedia.com/wiki/Australia). One point on which there is no disagreement is that the first settlers most likely arrived during the earth’s last glacial period when cooler temperatures and increased glaciation lent to oceanic recession. Because the lo we red sea level effectively â€Å"created great stretches of dry land almost linking Australia to Asia †, it facilitated the migration of peoples to the Australian continent (Lamb, 112). Admittedly, there do seem â€Å"to have remained some open water straits which the people somehow managed to cross†, but the majority most likely traveled by land (112). One stretch of level terrain, for example, actually joined Australia with New Guinea and enabled humans to walk into Australia for thousands of... ...adal time scales. Its ecosystems â€Å"contain a large proportion of endemic (solely Australian) species, reflecting their long evolutionary history and isolation from other landmasses†Ã¢â‚¬â€except during the last glacial period (www.greenhouse.gov.au/science/guide/pubs/chapter1.pdf). While its population of 20 million is still concentrated on the continent’s coast, this is a different coastline than that on which early settlers made homes for themselves 40,000 years ago; moreover, since the period of British colonization, it is a different population too. Bibliography Lamb, H.H. Climate, History, and the Modern World. 2 nd ed. New York: Routeledge, 1995. www.greenhouse.gov.au/science/guide/pubs/chapter1.pdf www.rsphysee.anu.edu.au/nuclear/news_events/mediarelease1.pdf www.wikipedia.com/wiki/Australia www.wrc.wa.gov.au/srt/publications/landscape/resource/climate.html

Saturday, August 17, 2019

Comparing between the working class and the middle class

In this section I will be comparing between the working class and the middle class. I will also be looking into the comparisons within the classes. Finally I will be showing evidence that the gap is closing between the classes. The following will also explain the vast differences between the home of Mr Jones the dentist, which is top of the middle class, and the Widow, which is the bottom of the working class. Mr Jones lives in 4 Ravensworth Terrace and the Widow lives in 4 Francis Street Mr Jones's house was situated opposite to the park and near to the town. This was useful for work, because he owned 2 houses. One of them was his living house and the other was his dentistry house. On the other side of the museum there was the colliery village. There was a row of pit cottages here. In number 4 lived the Widow with her 2 children. The house was near the pit; this meant that the air was dusty, smoky and murky. This was also a noisy place to live, all because of one thing, the pit. The pit owned the pit cottages; these were for the families of the pit workers. They were also given free coal for working in the mine. This is a big difference to Mr Jones. He owned both of his houses. This shows that Mr Jones had a beautiful surrounding to his house and that the widow was worse off. Mr Jones lived in a house with a ground floor, first floor and an attic. On the ground floor is where Mr Jones's kitchen, living room and utility room were. On the first floor there was a master bedroom, the bathroom and a nursery. In the attic lived the maid. This is because the Jones's were more important. Outside they had a privy that only the maid used and a coal shed. This is compared to the widow's bungalow, which had a kitchen, living room/bedroom and an attic. In the widow's house there were several uses for the rooms. The front room was used for sleeping and entertaining visitors. This would only be used on special occasions like Christmas or weddings. The kitchen was used for cooking, cleaning, sleeping, bathing and drying clothes. The loft was one room, which was where the children slept. Mr Jones's house is totally different. His kitchen was used purely for cooking and cleaning, the bathroom for sanitation etc. So where as the widow's house was compact Mr Jones's house was spacious. The gardens for Francis Street were large. This is because they needed to grow fruit and vegetables, because they could not afford to buy fresh produce. On the other hand Mr Jones had a small garden because he could afford to buy fresh fruit and vegetables each day. In his garden he was able to grow flowers and shrubs. The sanitation of the houses was different. The widow's toilet was an ash pit privy outside. For toilet paper they used newspaper cut into squares. Mr Jones's was very different. He had a plumbed in bathroom with shower, bath, sink and flushing toilet. They also had an outside privy, which was purely used by the maid. The plumbed in bathroom was for family only. This is compared to the widow who had a tin bath hanging on the wall outside and had a cold-water tap in the utility room. Mr Jones was totally different because he had hot and cold taps inside and a plumbed in bath too. In the widow's house there was only candle light, she also had a fire lit 24 hours a day, six days a week, 365 days a year. The reason for the fire not being on for 7 days a week was so that the family could clean it. This provided heat to cook on and boiled water. It also lights up the kitchen and also heats the house up. Mr Jones on the other hand had electric lighting in every room with electric heaters. He only had one need for an open fire because he needed it for appearances and heating. He also had a cooker fire, which was used for cooking. This shows the vast differences between the top of the middle class and the bottom of the working class. I am comparing 2 and 4 Francis Street. In number 2 lived The Methodist family, and in number 4 lived the Widow. I will explore the main differences between each. The families were both working class and lived in pit cottages. There were a lot of differences between them. Firstly I will be explaining the bedding, which each family had. In both houses they had 3 beds. One in the front room, one in the attic and one in the kitchen. In the widows house 1 child would sleep in the kitchen, the other child would sleep in the loft and the widow would sleep in the double bed in the front room. This was the same for the Methodist Family, except that the Mum and Dad would have slept in the front room. In the widows house she had thin sheets in the kitchen, because of the heat from the fire. The bed in the loft would have thin sheets too; this is because they had an open chimney. The bed in the front room would have a homemade quilt and she had hooky mats for extra warmth. This is compared to the Methodist's, their beds in the kitchen and loft would be the same, but the bed in the front room would have a thick white duvet. This showed wealth, because after the miners came home from work they would be covered in coal dust, so their covers will get dirty more often. Now I will extract the differences between the furniture of each house. The widow had a brass double bed; this was the cheapest at the time, a sofa, and a table; with floor mats as a tablecloth. This shows that the widow didn't have enough money to buy new objects. This is compared to the Methodist's. I will start with their half-tester bed; this was a bed, which had 2 posts with cloth draped over the top. They had a chest with a showcase with pottery and books on show, also a couple of tables with tablecloths, a rocking chair and a fireplace. This shows that they have more money to spend on luxuries. There is a huge difference in the furniture. Now I will look into the different floors in each house. In the widow's house she had stone floors with a lot of hooky mats. These were all different because the family did not have enough money to afford carpets. Now I will look at the Methodist family. They had fitted carpets and carpets up the stairs. This shows the family is well off because they could afford the carpets to be fitted. Now I will evaluate the differences in lighting in each house. The widow has oil lamps; the only problem was that she could not afford to use them. Instead they had to use candles. They could not afford oil because they barely had enough money to get by. This is compared with the Methodist family. They too had oil lamps; they used their oil lamps regularly. This shows they had money to spend. Looking at the income of each household, the widow had to work for extra income just to get by together with the low income from her two mining sons. She made her extra income by making and selling hooky and proggy mats, organising a quilting club in her home where other working class women sat around the fire and made quilts for a small charge. She also took in washing from other people, which added to her income. This compared to the Methodist family who had adequate money from the husband and children who worked down the pit. They needed no extra income to add to their wages. All the information above shows that even though the Methodist family and the widow are in the same social class their lives are totally different. In the next section I will be explaining how different Mr Jones's houses were to Miss Smith's house. Even though they are both in the same class their homes were very different. Mr Jones lives at 4 Ravensworth Terrace and a couple of doors down lived Miss Smith at No 2. First I will be explaining where each houses money came from. Miss Smith's money came from her music teaching. She charged 6d per half hour. This is 2 1/2 pence in today's currency. Whereas the dentist, Mr Jones, charged 15 shillings for a filling; à ¯Ã‚ ¿Ã‚ ½1 7s 6d for a false tooth; and à ¯Ã‚ ¿Ã‚ ½10 10s (10 guinea) for a full set of false teeth. This shows the huge difference in one days work. The difference between both heating and cooking in each household are that in Mr Jones's house he had a gas cooker and a fire range. For heating he had electric heaters around the home. This is being compared to Miss Smith's home where she had an open fire in the front room and her bedroom. This would only be lit if she were ill in bed. Her maid cooked on a coal fire range in the kitchen. The lighting in each house varied because Mr Jones had electric lighting in each room throughout each of his houses. This shows that he was wealthy because he could afford to have this installed. This is compared to Miss Smith who only used oil lamps through her house. The sanitation which each house had was different because Mr Jones had a fully plumbed in bath, flushing toilet and shower in the bathroom as well hot and cold water taps. He also had an outside toilet, which only the maid used. This is a vast difference to Miss Smith. She had an outside toilet and a tin bath hanging from the outside wall. They brought this in front of the fire range. For the morning wash the maid would fetch a hot bowel of water to each bedroom. Mr Jones had several stained glass windows, a gramophone and a nursery for the children. This is compared with Miss Smith's luxuries, which were 7-1/2 octaves piano, carpets fitted up the stairs, biblical plaque readings and a stained glass window. The next comparison area is the servants in each house. Miss Smith had a level maid. This means that the maid lived on the same floor was her. Miss Smith's maid used the same washing and sanitation as herself. This is compared to the maid of Mr Jones. He had a maid, which slept in the attic and could not wash or use his plumbed in bathroom. She had to use a tin bath and the outside toilet. Even though they were in the same social category there were a lot of differences between them. I have explained earlier the vast differences between the top of the middle class (Mr Jones) and the bottom of the working class (the widow). Also I have explained the differences between the two working class houses and the homes of the two middle class houses. I will be looking in more depth between the middle class home of Miss Smith and the working class home of the Methodist family and finding similarities. For example both houses were of Victorian dà ¯Ã‚ ¿Ã‚ ½cor. This was dark colours, dark fabrics for curtains and drapes and bold wallpaper. This was unusual because in 1913 the most common dà ¯Ã‚ ¿Ã‚ ½cor was Georgian. In each of the houses there was a coal fire, this was the heat source for both. This was also used as the method of cooking. They both had fitted carpets up the stairs and around the house. Their ornaments and pictures were also very similar. Each house had two matching china dogs and several portraits of the Royal Family of the time. The lighting for each house was oil lamps. Unlike the widow both families could afford to use it, but they could not afford electricity. The similarities of sanitation were that each house would have a tin bath, cold tap and an outside toilet. From the information I have gathered and presented I have found a hierarchy of families. They are: * Mr Jones the dentist * Miss Smith the music teacher * Methodist family * The Widow Miss Smith could not live like Mr Jones because she had something called â€Å"old money†. This is money, which she inherited when her parents passed away, whilst Mr Jones had â€Å"new money†. This is money, which he had earned. Mr Jones had a constant supply of money from work whereas Miss Smith's money would eventually decrease. The widow could not afford to live in the same condition as the Methodist family because she only had her sons bringing in wages from the pit. If her husband were still alive she would be able to live more like the Methodist family. So, I think that the gaps between the classes were closing at this period of time. This is because their houses were very similar. Their style of decoration, heat, light etc was of the same standards.

Friday, August 16, 2019

Introduction of Support Group & Online Support Group

Support groups bring together people facing similar issues, whether that's illness, relationship problems or major life changes. Members of support groups often share experiences and advice. It can be helpful just getting to talk with other people who are in the same boat. While not everyone wants or needs support beyond that offered by family and friends, you may find it helpful to turn to others outside your immediate circle. A support group can help you cope better and feel less isolated as you make connections with others facing similar challenges.A support group shouldn't replace your standard medical care, but it can be a valuable resource to help you cope (Staff, 2013). Examples of support groups include those who have similar illnesses, diseases, or chronic conditions, such as cancers and addiction. Also support groups help people with relationship problems, such as divorce and adoption, as well as those with major life changes, such as the death of a partner or child, caring for an elderly parent, divorce, or job loss (Corey, 1997).Members of support groups typically share their own personal experiences and provide each other with helpful advice. It can be extremely therapeutic to actively communicate with others who face the same types of life challenges. Generally, support group members are not judgmental. Being negatively judged sometimes happens when an individual discusses their problems with close family members and friends. Additionally, a support group can help people feel much less isolated or alone as they make valuable â€Å"connections† with other â€Å"like-minded† people (Yalom, I.  1995).While a support group should never replace professional medical or psychiatric care, it can be a valuable resource to assist individuals in effectively coping with their problems. Support groups occur in a variety of different formats or settings, including in-person group discussions, telephone conversations, and online groups. Groups ar e often formed by non-profit organizations, advocacy groups, mental health clinics, hospitals, medical websites, and by a â€Å"lay† sufferer.Online support groups can help someone gain a sense of control or empowerment and reduce their levels of stress, depression, or anxiety by promoting open, honest sharing of personal feelings, mutual emotional support, comfort, â€Å"virtual† hugging, sharing of practical treatment information, coping strategies, personal experiences, and â€Å"success stories† by way of e-mails and Internet group discussion boards (Wessel, K, 1996). Since at least 1982, the internet has provided a new venue for support group (John Schappi, 2012).Discussing online self-help support groups as the precursor to e-therapy, Martha Ainsworth notes that â€Å"the enduring success of these groups has firmly established the potential of computer-mediated communication to enable discussion of sensitive personal issues. For example Email, Usenet and internet bulletin boards have become popular methods of communication for peer-to-peer self-help groups and facilitated support groups.Support groups have long offered companionship and information for people coping with diseases or disabilities, and online situational oriented groups have expanded to offer support for people facing various life circumstances, especially those involving personal and cultural relationships (Van Brunt, 2008). A convenient aspect of online support groups is the around the clock availability to its members. People can go online to blog or chat with others anytime of the day or night. There are no time constraints like there potentially would be with an in-person support group with scheduled meetings.Access to help is always available with online support groups. We've seen the development of both synchronous groups (where individuals exchange messages in real time) and asynchronous groups, where members not simultaneously online can read and exchange mes sages. In a study conducted by Gunther Eysenbach, John Powell, Marina Englesakis, Carlos Rizo, and Anita Stern (2004), the researchers found it difficult to draw conclusions on the effectiveness of online peer-to-peer support groups.In online support groups, people must have the desire to support and help each other, and many times participants go on the sites in order to get help themselves or are limited to a certain subgroup. An additional benefit to online support groups is that participation is asynchronous. This means that it is not necessary for all participants to be logged into the forum simultaneously in order to communicate.An experience or question can be posted and others can answer questions or comment on posts whenever they are logged in and have an appropriate response. This characteristic allows for participation and mass communication without having to worry about time constraints. Additionally, there are 24 hour chat rooms and spaces for focused conversation at al l times of the day or night (Uken, J, 1996). This allows users to get the support they need whenever they need it, while remaining anonymous and comfortable.

Thursday, August 15, 2019

Social Structure and Interaction in Everyday Life

Adanna Nwadike Sociology 101-052 Professor. Wyzykowski 2/21/12 Sociology in Our Times: Chapter 4 Outline: Social Structure and Interaction in Everyday Life I. Components of Social Structure A. Status 1. Status is a socially defined position in a group or society characterized by certain expectations, rights, and duties. 2. Status set compromises all the statuses that a person occupies at a given time. 3. Ascribed status is a social position conferred at birth or received involuntarily later in life, based on attributes over which the individual has little or no control, such as race, ethnicity, age, and gender. . Achieved status is a social position a person assumes voluntarily as a result of personal choice, merit, or direct effort. 5. Master status is the most important status a person occupies. 6. Status symbols material signs that inform others of a person’s specific status. B. Role 1. Role is a set of behavioral expectations associated with a given status 2. Role expectat ion is a group’s or society’s definition of the way a specific role ought to be played. 3. Role performance is how a person actually plays the role. 4.Role conflict occurs when incompatible role demands are placed on a person by two or more statuses held at the same time. 5. Role stain occurs when incompatible demands are built into a single status that a person occupies. 6. Role exit occurs when people disengage from social roles that have been central to their self-identity. C. Group 1. Social Group consists of two or more people who interact frequently and share a common identity and a feeling of interdependence. 2. Primary group is a small, less specialized group in which members engage in face-to-face, emotion-based interactions over an extended period of time. . Secondary group is a larger, more specialized group in which members engage in more impersonal, goal-oriented relationships for a limited period of time. 4. Formal organization is a highly structured grou p formed for the purpose of completing certain tasks or achieving specific goals. D. Social Institutions 1. Social institution is a set of organized beliefs and rules that establishes how a society will attempt to meet its basic social needs. II. Societies: Changes in Social Structure A. Durkheim: Mechanical and Organic Solidarity . Division of labor refers to how the various tasks of a society are divided up and performed. 2. Mechanical solidarity refers to the social cohesion of preindustrial societies, in which there is minimal division of a labor and people feel united by shared values and common social bonds. 3. Organic solidarity refers to the social cohesion found in industrial (and perhaps postindustrial) societies, in which people perform very specialized tasks and feel united by their mutual dependence. B. Tonnies: Gemeinschaft and Gesellschaft 1.Gemeinschaft is a traditional society in which social relationships are based on personal bonds of friendship and kinship and on intergenerational stability. 2. Gesellschaft is a large, urban society in which social bonds are based on impersonal and specialized relationships, with little long-term commitment to the group or consensus on values. C. Industrial and Postindustrial Societies 1. Industrial societies are based on technology that mechanizes production. 2. Postindustrial society is one in which technology supports a service-and information-based economy.III. Social Interaction: The Microlevel Perspective A. The Social Construction of Reality 1. Social Construction of Reality- the process by which our perception of reality is largely shaped by the subjective meaning that we give to an experience. 2. Self-fulfilling prophecy- a false belief or prediction that produces behavior that makes the originally false belief come true. B. Ethnomethodology 1. Ethnomethodology is the study of the commonsense knowledge that people use to understand the situations in which they find themselves. C. Dramaturgical Anal ysis 1.Dramaturgical analysis is the study of social interaction that compares everyday life to a theatrical presentation. 2. Impression management (presentation of self) refers to people’s efforts to present themselves to others in ways that are most favorable to their own interests or image. 3. Face-saving behavior refers to the strategies we use to rescue our performance when we experience a potential or actual loss of face. D. Nonverbal Communication 1. Nonverbal Communication is the transfer of information between persons without the use of words. 2. Personal space is the immediate area surrounding a person that person claims is private. Social Structure and Interaction in Everyday Life Adanna Nwadike Sociology 101-052 Professor. Wyzykowski 2/21/12 Sociology in Our Times: Chapter 4 Outline: Social Structure and Interaction in Everyday Life I. Components of Social Structure A. Status 1. Status is a socially defined position in a group or society characterized by certain expectations, rights, and duties. 2. Status set compromises all the statuses that a person occupies at a given time. 3. Ascribed status is a social position conferred at birth or received involuntarily later in life, based on attributes over which the individual has little or no control, such as race, ethnicity, age, and gender. . Achieved status is a social position a person assumes voluntarily as a result of personal choice, merit, or direct effort. 5. Master status is the most important status a person occupies. 6. Status symbols material signs that inform others of a person’s specific status. B. Role 1. Role is a set of behavioral expectations associated with a given status 2. Role expectat ion is a group’s or society’s definition of the way a specific role ought to be played. 3. Role performance is how a person actually plays the role. 4.Role conflict occurs when incompatible role demands are placed on a person by two or more statuses held at the same time. 5. Role stain occurs when incompatible demands are built into a single status that a person occupies. 6. Role exit occurs when people disengage from social roles that have been central to their self-identity. C. Group 1. Social Group consists of two or more people who interact frequently and share a common identity and a feeling of interdependence. 2. Primary group is a small, less specialized group in which members engage in face-to-face, emotion-based interactions over an extended period of time. . Secondary group is a larger, more specialized group in which members engage in more impersonal, goal-oriented relationships for a limited period of time. 4. Formal organization is a highly structured grou p formed for the purpose of completing certain tasks or achieving specific goals. D. Social Institutions 1. Social institution is a set of organized beliefs and rules that establishes how a society will attempt to meet its basic social needs. II. Societies: Changes in Social Structure A. Durkheim: Mechanical and Organic Solidarity . Division of labor refers to how the various tasks of a society are divided up and performed. 2. Mechanical solidarity refers to the social cohesion of preindustrial societies, in which there is minimal division of a labor and people feel united by shared values and common social bonds. 3. Organic solidarity refers to the social cohesion found in industrial (and perhaps postindustrial) societies, in which people perform very specialized tasks and feel united by their mutual dependence. B. Tonnies: Gemeinschaft and Gesellschaft 1.Gemeinschaft is a traditional society in which social relationships are based on personal bonds of friendship and kinship and on intergenerational stability. 2. Gesellschaft is a large, urban society in which social bonds are based on impersonal and specialized relationships, with little long-term commitment to the group or consensus on values. C. Industrial and Postindustrial Societies 1. Industrial societies are based on technology that mechanizes production. 2. Postindustrial society is one in which technology supports a service-and information-based economy.III. Social Interaction: The Microlevel Perspective A. The Social Construction of Reality 1. Social Construction of Reality- the process by which our perception of reality is largely shaped by the subjective meaning that we give to an experience. 2. Self-fulfilling prophecy- a false belief or prediction that produces behavior that makes the originally false belief come true. B. Ethnomethodology 1. Ethnomethodology is the study of the commonsense knowledge that people use to understand the situations in which they find themselves. C. Dramaturgical Anal ysis 1.Dramaturgical analysis is the study of social interaction that compares everyday life to a theatrical presentation. 2. Impression management (presentation of self) refers to people’s efforts to present themselves to others in ways that are most favorable to their own interests or image. 3. Face-saving behavior refers to the strategies we use to rescue our performance when we experience a potential or actual loss of face. D. Nonverbal Communication 1. Nonverbal Communication is the transfer of information between persons without the use of words. 2. Personal space is the immediate area surrounding a person that person claims is private.