Construction Industry Is Ripe For Changes - Free Essay Example

Sample details Pages: 8 Words: 2436 Downloads: 2 Date added: 2017/06/26 Category Business Essay Type Research paper Level High school Tags: Innovation Essay Did you like this example? It is a truth ubiquitously attested-to from all engaging in the relevant research pertinent to the topic of this report that the construction industry is ripe for change. Actually, it would be more accurate to say that it is ready for revolution. Construction alone, seemingly, as opposed to nearly any other industry that one could think of it the industrialized and digitized West, has been able to operate in a manner much less than conducive for contemporary business. It is remarkable to consider how unlike other industries construction really is in its current operations. Don’t waste time! Our writers will create an original "Construction Industry Is Ripe For Changes" essay for you Create order Whether one considers any major industry today, they will all be unlike the construction industry in a very important way. For example, consider general or specified retail, the development and manufacturing of computer hardware or software, the service industries of law or medicine, or any other major industry, and one readily sees that they all frequently engage in innovation as it is proper to the irrespective industries and they certainly employ the important business tactic known benchmarking. However, with regard to construction, the voices are unanimous in their consent that for some reason or another this particular industry has been slow to innovate and aggressively improve itself in a world where every other company or industry seems to do this very thing. A Brief Survey of Recent Projects Designed to Address the Problem It would seem that it is widely acknowledged these days that innovation in construction is long overdue. For a number of years Purdue University has maintained a website concerned with presenting concepts of Emerging Construction Technologies. The Division of Construction Engineering and Management of Purdue University, specifically, has been the collaborative to spearhead this project. Additionally, there is a Centre for Innovative and Collaborative Engineering at Loughborough University, which maintains a website for discussing issues pertinent to the construction industry in the U.K. specifically and also just generally. The University recently launched a project to extend from April, 2004 to March, 2007, which would explore the reasons why there is not a strong culture of Research, Innovation and Development (RID) within the constructions industry. There is also a Construction Innovation Forum (CIF), which annually tries to award various individuals for excellent long- range achievements in innovation in construction. It remains to be explored in the remainder of this essay just which are the most important ways in which the industry of construction, and the related industries of surveying and property, have not yet innovated, though perhaps they should have. It is now appropriate to explore some concepts with which we will be working throughout the essay, and these are the concepts of innovation and benchmarking. Discussion of Innovation In2003 Kristian Widà ©n wrote an important article addressing the general issue of innovation within the construction industry and explored why the industry had done so poorly in enacting innovation. It was necessary for Widà ©n, as it is here, to begin by discussing the nature of innovation. Widà ©n offers several definitions from a number of sources and notes at the end of the section on defining innovation that the one thing all the various definitions have in common is that in innovation something new is created, a product or a process, and put to use. There is also an attending reason why any company anywhere would ever attempt to be innovative it would be for the good of the company. This perceived good by the company will either be for an increase in competitiveness with rival companies or for, what Widà ©n calls a survival strategy. Accordingly, if there is no perceived reason why a given construction company should attempt to be innovative, it is likely that no attempt at innovation will take place, given the fact that innovation always costs and usually costs in terms of time and money. Widà ©n notes that historically, with respect to other industries, it has been the clients themselves who imposed the necessity of proper motivation for industries to innovate. If the client did not require it, in short, it would often be the case that no innovation would take place. Again, there is a sense of necessity here. If the companies within the industry (e.g., in construction) are feeling no need to innovate from the client (i.e., there is no pressure exerted on the companies to innovate), then the status quo will be maintained indefinitely. This is not because there is no innovation taking place within the acts of the construction industry themselves. Certainly, the very nature of construction is such that it requires with each new project some manner of innovation. There are invariably unaccounted-for problems and obstacles that ar ise with each new project, thereby requiring of the industry to be to some extent innovative in dealing with new and unexpected obstacles to production. Also, Widà ©n says, there is a constant tendency within the industry toward inappropriate forms of co-operation on presumably all levels, not the least of which are the various time and spatial conflicts that arise with sub-contractors and the re-scheduling involved in the given project (again, when the unforeseen things occur). A further note that Widà ©n makes is that whatever innovations do occur on an individual project, they are often not carried over into subsequent projects. The innovations of construction are, perhaps peculiarly, reversible, and not irreversible as in some other industries. Benchmarking Within Industries and Its Practical Effects One aspect of this reversibility of innovations is somewhat connected to the concept of benchmarking in business. At this point, it is necessary to consider just what benchmarking is, as it relates to industries and capitalism. Benchmarking as a concept might be best thought of as that vehicle that moves companies in the same industries forward and in roughly the same technological directions. According to the American Heritage Dictionary of the English Language benchmarking as a transitive verb is defined in this way, to measure (a rivals product) according to specified standards in order to compare it with and improve ones own product. This definition places the concept of benchmarking squarely within the realm of capitalism as one company adapts to the advancements/improvements that rival companies in the same industry are making while still more or less observing the norms of the industry in which the company finds itself. That is, the extant standards within the indus try in question are used to measure a rivals product and to compare it with ones own current product and to make the recommended adjustments to ones own products or service in order to increase competitiveness. Although the definition does not explicitly state this, it would seem to be implied by the norms of capitalistic economies as they are found today that benchmarking occurs in the provision of products or services. There are practical effects that occur in capitalist economies when benchmarking occurs, especially in the realm of goods which are offered to the public. Let us consider a brief example as regards cellular telephones. Originally, a cellular phone was much like a cordless phone from the home with the exception of being able to have a much broader range of signal. A particular feature of both types of telephones at the time of the advent of the cellular phone was the Caller ID feature. It was possible in the late 1990sto add this feature for an extra charge t o ones service enabling an individual to see from what number the call was coming. The first few large-scale cellular providers began to make it an industry standard for cellular phone to have this feature and then the rest of the cellular providers followed suit, such that today it would be practically unheard of to begin a new cellular service with any U.S. company and not expect the Caller ID feature to be standard with the service. This was an example of benchmarking within a specific industry. An example in construction could be that universally nowadays in commercial construction framing crews use nail guns with which to frame as opposed to the common method of only twenty years ago (which was the simple hammering in of loose nails). Today it would be practically unheard of for a commercial construction framing crew to not use the nail guns in their framing. Benchmarking begins, then, as an attempt to be competitive in recognizing a smart innovation by ones rival c ompanies, but it ends by being a type of standardization of technology where every company adopts certain innovations as part and parcel to the industry in question. So, the levied charge against construction here is not that sustained innovation does not take place in the industry. It is simply that it is too infrequent and too slow to happen. Attempts to Address the Lack of Innovation in Construction et al Recent efforts to address the problems seemingly inherent in todays construction industry have focused on a number of lines. First, there are attempts that take into account the fact that there is a lack of specificity and/or good communication involved in client/contractor projects. Second, there have been recent attempts at reworking the construction at a fundamental level. One such of these attempts has been the recent Design-Build phenomenon (which also falls into the first category mentioned here too). Another has been a consideration of Public/Private projects and there merits. Author Kristian Widà ©n indicated that two solutions to the current crisis in the industry would centre on more of a specificity and delineating of all expectations from the client/owner toward the contractor(s). Additionally, Widà ©n indicated that long-lasting communication lines need to be established. Rather than the head of a contractor (or crew) simply popping in, as it were, to the job sites on rare occasion there should be much more of a long-term rapport established among all major individuals involved in a given project. As Edward Fisk and Wayne Reynolds concur, they write that the partnering concept needs to be revamped today as a means of creating a general environs where in all parties would work together toward the common goal of efficient and good completion of the project. Partnering is not a contract, but a recognition that every contract includes an implied covenant of good faith. While the contract establishes the legal relationships, the Partnering process is designed to establish working relationships among the parties through a mutually developed, formal strategy of commitment and communication. So, in this concept there is embedded several important ideas addressing current concerns raised by Widà ©n et al. First, there is a recognition of this good faith relationship and it is only as strong as each partys commitment to it. It is mutuall y developed, the authors say. It is interesting to note that though Fisk and Reynolds are very quick to point out that it is not a contract nor meant to replace the all-importance of the contract, nevertheless this partnering has a strategy which is formal. And again, it necessarily involves commitment and communication of all German parties. This suggestion would seem to be a much improved model today which is very casual among all parties involved (which could include client, general contractor, various sub-contractors, various crew leaders, and assistants to all of these individuals). There seem to be far too many parties involved in an already complicated process to have it be any other way than the model suggested by Fisk and Reynolds. Construction, surveying and property are overrun with a sense of the casual in the various professional relations among the parties. The fact that many aspects of the overall process like change orders or work to be done and the merely o ral contracts existing between sub-contractors and their crews are enough to establish the casual nature of much of the overall construction process. The Design-Build phenomenon of recent years has been an attempt at solving some of the systemic problems in the construction process and has simultaneously offered itself as a means of achieving innovation in the industry. The solution to some of the communication problems associated with contemporary construction is attempted to be solved by the Design-Build approach by eliminating, not middle men, but lines of separation between many of the key players. For example, a typical Design-Build firm can have altogether under one roof and working for the same company the contractor, engineer, and architect effectively providing an owner with a one-stop point of contact to design and build a proposed construction project. This one-stop place necessarily increases efficiency and the speed at which a project may be completed, especial ly when all of these individuals are truly under one roof (i.e., they are all employees or closely connected with the construction firm, rather than merely being distant consultants). However, a weakness of the Design-Build approach has been seen in its difficulty, at times, in dealing with governmental clients. Jeffrey Beard et al. note just such a case having to do with legalities burdening the process of pay to Design-Build firms. For at least this reason, the establishment of attempts by the U.S. government, to use an example, have been offered as private/public efforts at spearheading the way into the future of home and commercial building. One such program, which was instrumental in the publication of the two pieces of research by the U.S. Department of Housing listed in the bibliography for this report, is known by the acronym PATH (Partnership for Advanced Technology in Housing). It is noted explicitly in the report Commercialization of Innovations: Lessons Learned t hat public and private must together share the burden of the risk of innovation if the building sectors of industry are to avoid the dampening effects of litigation. Concluding Thoughts In whatever ways private industry is unable, on its own (despite the recent noble attempts of Design-Build, etc.) to follow the Commercialization of Innovations reports objectives, it is to be hoped that a union of private/public building schemes will be able to, as the report states, expedite the commercialization of innovation. It does seem clear that major attempts at bringing to the construction industry (and all closely related industries) long-lasting innovation is long overdue. In fact, as it was alluded-to earlier in this paper, what is needed is an entire culture that supports the advocacy and actual implementation of innovation. With any fortune and hard-work (both of which entailing implementation) of all or some of the recent initiatives and advisements indicated in this report, it seems that the construction industry might at long last engage in genuine aspects of competitive business, including long-term benchmarking and an overall culture of innovation.

An Assessment of Community Health Needs - 618 Words

Community There are two basic types of community: community that is defined by geography, and community that is defined by trans-geographic variables. An example of community that is defined by geography would be a neighborhood or residential area. Houses clustered together share a common space. The local economy with local businesses is also considered to be a part of the neighborhood community. Members of the community are stakeholders in the health of the community, and have shared interest in the common spaces in the neighborhood. Some communities are not bound at all by geography. These types of community transcend geography with variables such as lifestyle, religion, worldview, or ethnicity. The community that transcends geographic boundaries can be comprised of a large, or even dominant, culture. Or, the community can be a subordinate or subculture. A person can therefore be a member of more than one community at the same time; most individuals are in fact members of more than one community including the community defined by neighborhood or geography. Therefore, all types of communities have some sort of shared interest or shared resources. A community can be defined by something loose like the practice of skateboarding. Or, a community can be defined by a comprehensive worldview, as with religious communities. Some communities coalesce around shared ethnic heritage or group identities, which may or may not inform other aspects of an individuals life such asShow MoreRelatedThe Community Health Needs Assessment Essay1639 Words   |  7 PagesAMT2 Service Line Development Task 2 Echo Breen A. Analyze the community health needs assessment in the case study by doing the following: A1. Discuss major risk factors identified in the assessment. 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Irony is the gaiety of reflection and the joy of w Essay Example For Students

Irony is the gaiety of reflection and the joy of w Essay isdom. Anatole FranceIts like rain on your wedding day;its a free ride when youve already paid;its the good advice you just didnt take;and who wouldve thought it figured?Its a traffic jam when youre already late,a no smoking sign on your cigarette break;its like 10,000 spoons when all you need is a knife;its meeting the man of your dreams, and meeting his beautiful wife. The subject of irony has always been an extremely opinionated debate in itself; with the come of this song, Ironic, by Alanis Morisette, the arguments rage on. Some say the above are just instances of bad luck, things you wouldnt want to happen to you; others say these are true instances of irony. Irony is technically defined as an event or result that is the opposite of what is expected (Websters New World Dictionary 314). The Once and Future King by T.H. White delineates many illustrations of irony. Love, innocence, and power are readily apparent themes portrayed throughout the book, and White has been able to weave his opinion of irony into many happenings. An example of irony raised by White involves the question, Does your mother love you? Do you believe your mother loves you? Most firmly believe so. Would you still love your mother if she didnt love you? Hopefully. But mammy didnt give her children a second loving thought. She ignored her only children; she was jealous of her only children; she beat her only children for doing something she wasnt able to do (White 263). And yet they still loved her unconditionally. They loved her, obeyed her, protected her, avenged her family (White 219). Wouldnt you consider it ironic that this role-reversal has taken place? Normally, it is the child breaking away from the mother; the mother holds onto her dear, sweet children. Rather, White has the dear, sweet children holding onto their breakaway mother. One wouldnt expect the children to love their abusive mother. Yet, the feelings the children tell of and the respect they show to their mother proves their love. But!those who love are not always so innocent. Do innocent children go around killing birds? No. But, Kay was an innocent boy. Only the innocent were able to capture unicorns (White 258); only the innocent were able to enter fairies castles (White 103). Kay was able to accomplish both of these tasks. Yet, Kay was also a bird-killer. Kay walked late into his lesson with Wart and Archimedes, only to find them discussing how wonderful the birds of nature were (White 160). Kay was late due to killing a few small birds. Two examples of irony are apparent from this situation. First, it is ironic that Kay is called an innocent boy while killing birds. Second, there is irony in the conversation engaged in by Wart and Archimedes and the timing of Kays entrance. One wouldnt expect Kay to state that he was late because of killing some birds while his peer and teacher are discussing the wonderfulness of birds. Was Kay really all that innocent after all? Probably not. And how much power do the innocent really have? Power is everything. Power over pleasure, power over love, power over the mind. Or is it the mind? When Arthur was a child, he had been taught that might is right, that power was all that existed. (White 52). He grew up believing this, that feelings didnt matter in life, that feelings were just stumbling blocks. But as he became older, Arthur realized that his early teachings were illogical. He began thinking that power wasnt necessarily everything, that just because you could do something didnt mean that you should (White 246). The never-ending controversy between ability and obligation entered his mind and he took action upon his rightful thoughts: the mind controls the body, the power; without the mind, there would be no power. This change in Arthurs mentality is ironic. When one is a young child, what is taught to them during that impressionable time usually sticks with them through adulthood. They will mo!st often live with and by those early teachings. Still, Arthur seemed, once again, to be going against what was

The oppression and seclusion of Muslim women

For many years, people have reckoned Islam. This is mainly because of its strict and inflexible laws. Islam, which relies on Sharia laws, revolves around relationships. Sharia laws define relationships between God and man, and between human beings. Islamic laws, which have been in existence for the last 14,000 years, define the expected behavior of Muslims, the relationships between them and other human beings, and their duties to God.Advertising We will write a custom essay sample on The oppression and seclusion of Muslim women specifically for you for only $16.05 $11/page Learn More However, these laws tend to favor men as compared to women. This has led to the oppression and seclusion of women (Abou El Fadl 2001).1 However, advancement in technology and globalization among other factors are essential to Muslim women. These channels give the Muslim women a platform to voice their opinions. With time, these women are gaining more opportunities to air th eir opinions. Today, Muslim women in the Arab world and in Western countries can comfortably raise issues on matters concerning them. Marriage has been among the key issues affecting Muslim women. These women have been participating in debates in order to voice their opinions on issues of marriage arrangements, procedures, expectations, rights, and roles among other issues. This paper analyzes the issue of marriage and its importance to Islamic women. It considers the views of several authors of Islamic texts on this issue. Just like in other religions, marriage is very important in Islam. Islam dictates that marriage should only happen between two Muslims, who are of opposite sexes. The man pays for the bride’s dowry and then the marriage rituals take place. After marriage, they both take their roles while conforming to the Sharia law. The man bears full authority over his wife and has a duty of providing to the wife, whose duty is to serve the husband. Islam allows men to m arry more than one wife. However, it restricts a woman to only one husband. Marriage is important to Muslim women as it affects them. After all, they have to get married at one point of their lives. Marriage is important to Islamic women as the Islamic laws recommend it. Issues concerning marriage include the expected roles of women, divorce, and duties of husbands among other issues. Women need to understand issues of marriage to know how to go about their marriage issues. They have to know how to be good wives, mothers, and daughter-in-laws. Further, they have to know how to manage their homes effectively. Therefore, women have to understand all issues surrounding marriage in Islam in order to enjoy prosperous marriages. Kecia Ali, an author of Islamic texts, focuses on the laws that govern marriage institutions in Islam. She addresses the issues of dowry payments, marriage, slavery, and the role of women in marriage. According to her, women have rights to express their views on m arriage. She acknowledges the fact that Muslim women have sexual needs and desires, which are not considered. Further, she addresses the issue of oppression of women in Islam (Ali 2010). 2Advertising Looking for essay on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More In her work, Kecia portrays the Islamic man as being superior to the Islamic women. She brings out the issues of sex and ethics expected in Islamic marriage institutions. She shows how these issues favor men over women. Kecia considers the man as the ultimate source of authority in a marriage. She shows this by writing that men act as the segmenting factors in marriages. According to her, the man has a responsibility of fending for his family, protecting his family, and guarding the virtue of his wife/wives (Ali 2006).3 Islam, gender, and social change, a book by Yvonne Haddad and John Esposito addresses the issues of modernity that have an impact on Islamic laws of marriage. They show how the world views Islamic women and proceed to give their concept of women in Islam. They document that religious scriptures guide the roles of Islamic women. According to them, the Quran and Sharia laws provide parameters on the behavior of the men and women in marriage institutions. They acknowledge the fact that Islam is a male dominated religion and culture. They attribute this to the fact that features of women are indecent. Based on this, Muslim women should not expose their bodies or even their voices (Haddad and John 1997).4 These writers portray God as the source of authority in Islam. According to them, Muslim men only follow Gods law, which gives them dominance over women. They clarify that the Holy Quran is specific on the rights of women. Abdul-Aziz in her article, â€Å"crisis of male epistemology in Islamic jurisprudence†, explains the issues facing Islamic women. She uses the Islamic jury system to explain her position on this iss ue. She documents that in Islam women face segregation and seclusion. She writes that men manipulate the laws to work in their favor. In her article, she attributes the source of power in Islam to God. She uses the example of Prophet Muhammad’s family to explain this. She writes that during the prophet’s time men and women had full access to the laws. The mantle of handling women related issues rested on women. For instance, Aisha, the prophet’s wife was responsible for handling issues related to women (Sachedina n.d). 5 Abdul-Aziz is of the opinion that Muslim women have equal rights to men. For example, as parents, sister, brothers, and as relatives the two genders are equal. Therefore, God is the ultimate source of power.Advertising We will write a custom essay sample on The oppression and seclusion of Muslim women specifically for you for only $16.05 $11/page Learn More All the articles portray several similarities and differenc es in terms of the way the articles relate to the Islamic teachings. All the three writers acknowledge the authority of God in Islam. Islamic religious doctrines and laws clearly state that God is the overall authority in the world. The writers acknowledge God’s power by writing that humankind follows the rules that God put in place. However, the ideas of these authors vary. Each author has a different approach regarding hierarchy of authority in Islam. Some of the authors argue that men are second to God while others are of the opinion that the position of the two is level. For instance, Kecia is of the opinion that men are superior to women. Abdul-Aziz and Yvonne attribute all power to God. These authors agree that men and women have equal rights. According to Islamic doctrines, man and woman are equal to God. Since men are unfamiliar with issues affecting women, they should allow women to handle issues affecting them. This will ensure more content and happy women. Referenc e List Ali, Kecia. Marriage and Slavery in Early Islam. Harvard: Harvard University Press, 2010. —. Sexual Ethics and Islam: Feminist Reflections on Qur’an, Hadith and Jurisprudence. London: Oneworld, 2006. Abou El Fadl, Khaled. Speaking in God’s Name: Islamic Law, Authority and Women. London: Oneworld, 2001. Haddad, Yvonne and John Esposito (Ed). Islam, Gender, and Social Change. Oxford: Oxford University Press, 1997.Advertising Looking for essay on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Sachedina, Abdulaziz. Crisis of Male Epistemology in Islamic Jurisprudence. n.d. https://www.virginia.edu/. Footnotes 1 Khaled Abou El Fadl,Speaking in God’s Name: Islamic Law, Authority and Women. (London: Oneworld, 2001) 384. 2 Kecia Ali, Marriage and Slavery in Early Islam (Harvard: Harvard University Press, 2010), 272. 3 Kecia Ali, Sexual Ethics and Islam: Feminist Reflections on Qur’an, Hadith and Jurisprudence (London: Oneworld, 2006), 142. 4 Yvonne Haddad and John Esposito (Ed), Islam, Gender, and Social Change. Oxford: Oxford University Press, 1997), 288. 5 Abdulaziz Sachedina, Crisis of Male Epistemology in Islamic Jurisprudence. This essay on The oppression and seclusion of Muslim women was written and submitted by user Moira MacTaggert to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

PI2 Example

PI2 Example PI2 – Essay Example PART A Question 2005 = 11,933 – 11,062 * 100 = 7.874% increase 11,062 2006 = 9,181 – 11,933 * 100 = 2.306% decrease 11,933 2007 = 6,141 – 9,181 * 100 = 3.311% decrease 9,181 2008 = 8,334 – 6,141 * 100 = 3.571% increase 6,141 Question 2 Using the current trend for Micro Chip Computer Corporation as a basis, I do not think that the company achieved its sales target of 10% growth in 2009. This is because in 2008, the company only had a 3.571% increase and the previous years prior to that had recorded a decrease in sales. Therefore, there is no indication of a constant growth in sales over the years and so it would be difficult for the company to make a 10% increase in sales in 2009. The actual sales figure for 2009had the company made a 10% increase would be: 110% * 8,334 = $ 9,167 It would be quite difficult for the company to hit this target in 2009 since there is no indication of such a significant growth in sales over the prior years. Therefore, my view is that, at the very best the company can only improve on 2008’s sales growth from a 3.571% increase to probably 5% or 6%. This would be the best case scenario given the information on previous years. PART B Question 1 Percentage of sales (%) Sales increase by 20% Sales $8,334.00 100 10,000 Cost of Sales $5,458.00 65.5 6,549 Gross Margin $2,876.00 34.5 3,451 Operating expenses: R & D $525.00 6.3 630 Selling, General, and Administrative $691.00 8.3 829 In†process R & D †Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬  Restructuring costs †Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬ Ã¢â‚¬  2 200 Total Operating Expenses $1,216.00 1,659 Operating income $1,660.00 1,792 Total interest and other Income net $194.00 2.3 233 Income before provision for Income taxes $1,854.00 2,025 Provision for income Taxes (15%) $278.10 303.75 Net income $1,575.90 1,721.25 Question 2 The results in question 1 show that a 20% increase in sales consequently leads to an increase in net income. This is true since increase in sales revenue produces more income for a company and therefore the net income would also increase. The assumption for question 1 is that the 20% increase in sales leaves all other factors constant, therefore resulting in a proportionate change in all other items in the Statement of Operations with respect to sales. This assumption is however not reasonable since if the sales revenue for a company increases by 20%, it mean that there are other costs that were incurred in order to increase this sales revenue. For example advertising, sales and marketing costs should probably have been incurred so as to improve the sales figure over the next year. References Drur.y C, (1998). Costing an Introduction 4th Edition, Thomson Learning. Drury C, (2008). Management and Cost Accounting, Chapman and Hall 7th Edition. Horngren, CT, Foster, G and Datar S.M (2001). Cost Accounting:A Managerial Emphasis 10th Edition Prentice Hall of India; New Delhi, Robert Kaplan & A A Atkinson (2004). Advanced Management Accounting, 2nd Edition Prentice-Hall

Carl Lamberg essays

Carl Lamberg essays It's 2139 and Charles Stimatra, head of the ITEDRC (International Time Exploration and Defense Research Company), has figured out a formula and machine enabling one person at one time to be transported to another time. The glitch he has been working on is that the person can only estimate where he will be when he is transported. The closest they can guess is three kilometers within the configured destination. Seven out of twenty three men have been lost or killed for various reasons. One ended up inside a rock, another 300 feet in the air and the last got stuck in another person causing a time malfunction and creating an explosive object. The others whereabouts are unknown. The future is a whole different matter. Since the future can always be changed, sending someone to the future could change the past. Charles and his associates are not the only ones experimenting in time travel. He, and people like him, are called hackers, the reason there are Time Police. Time Police devote their lives to protecting the past. For example, if someone went back and killed Hitler, it could change everything. The Time Police stop these people from doing so. Captain of the Time Police used to be Sergeant Carl Lamberg. He was one of the many that had to erase their identity and lives so they could protect the future of the human race. This brings us to the story of how Carl died. How do I know? Because I am Carl Lamberg. "Control, I'm ready to transmit. Confirm safety for time transport." I let go of the intercom button and waited for the confirmation. "This is Control, we confirm transport. You have the go ahead." This is my thirteenth time and I still get nervous. I reach for the bottom of my shirt to wipe my forehead but the chair starts to shake and I end up in 1642 five feet above the ground. I drop and absorb the impact with my knees. My mission is to find a gold transport to a king and stop a hacker from robbing it. ...

Analyze the advantages and disadvantages of in corporating a Essay

Analyze the advantages and disadvantages of in corporating a business., and Concept of Limited Liability - Essay Example The reason that corporations are able to offer limited liability is because a corporation is considered a separate legal entity (Weygand & Kieso & Kimmel, 2002). Choosing the corporation over other types of business structures has other advantages. The corporation is the best business structure for entrepreneurs that are looking to raise capital. The way that the corporation allows its owners to raise large sums of capital in shorts amounts of time is through the sale of common stocks. In order for a corporation to sell common stocks it must become a public corporation registered in the Securities and Exchange Commission (SEC). Once a corporation becomes public its common stocks become a very liquid asset that is traded in open markets such as the New York Stock Exchange (NYSE) or in the over the counter market known as NASDAQ. Choosing the corporate form can also help managers obtain better benefits from governmental institutions in the form of incentives. One of the main disadvanta ges of the corporate form is double taxation. References Allbusiness.com (2011). Advantages and Disadvantages of Owning a Corporation. Retrieved June 28, 2011 from http://www.allbusiness.com/business-planning/business-structures-corporations/686-1.html Weygandt, J., Kieso, D., Kimmel (2002). Accounting Principles (6th ed.).

Macro Essay Example | Topics and Well Written Essays - 1250 words - 2

Macro - Essay Example Observe that the equilibrium output has fallen to Y2 implying recession and the price level has increased to P2 implying inflation. 2. The immediate impact of a reduction in taxes is an increase in aggregate planned consumption expenditure, a component of aggregate demand. Thus, aggregate demand increases implying a rightward shift in the AD curve. However, whether this would lead to a substantial economic expansion (growth) or inflation with some minor growth depends upon where the economy is located on the business cycle when the policy is undertaken. We shall consider two cases: (a) when the economy is in recession and (b) during a boom. As is evident from the diagram above, the tax cuts led to the AD curve moving from AD1 to AD2 which in turn leads to an expansion of Y from Y1 to Y2. There is a negligibly small increase in the prices from P1 to P2. Thus, during recession or during the phase of recovery, tax cuts can yield substantial growth. During a period of economic expansion or the â€Å"boom† phase of the business cycle, the tax cut on the other hand can have a harmful impact on the economy. This is shown in the diagram above. Observe that now the outward shift in AD has led to a substantial rise in the price level while the increase in real output has been small. The closer the economy gets to the full employment equilibrium, the less effective does the tax cut become in stimulating growth and most of the impact of the resulting rising demand is reflected instead in rising prices. Essentially, during recession the economy is located far out from its full employment equilibrium and thus has surplus unused capacities. So, when the aggregate demand rises, the capacity utilization rises and so employment and output rise while prices stay more or less the same. However when the economy is in a boom and is located close to its full employment equilibrium, there are no unused capacities. As a result

Different Societal Institutions Such as the Family, Government and Religion Essay Example for Free

Different Societal Institutions Such as the Family, Government and Religion Essay Different societal institutions such as the family, government and religion, have been seen to have an impact on marriage. The government plays a role in marriage and mate selection when divorce raises issues. Not only does the government play a role in marriage and mate selection, religion also raises conflict for married couples, such as where and how a couple may get married, and if the religion supports the legal issue of divorce. Lastly, family plays a important role in marriage and mate selection through the way their children are raised since people tend to marry people who share similar beliefs and values. The societal institution such as the government, have been seen to have an impact on marriage such as divorce and cohabitation when legal rights come into force. When a divorce happens between couples, the legal issues will give you rights to things such as child support-if you have children, property division and spousal support. Both parents are forced into supporting their family financially in the legal rights called child support. If you and the other parent do not live together, you must split the costs of caring for your child. In most cases, child support is paid until the child can be dependent until the age of 18. However, if the child choses to get married or leave home under the age of 18, they are no longer considered dependent. Now you must be wondering how much child support will cost an individual. The costs may vary depending on the province you are currently living in. This is called the Child Support Guidelines. Many factors are involved in deciding how much child support is paid such as gross income, and how many dependent children the parent with physical custody is supporting. Furthermore, when you apply for child support, the court is entitled to know information about both spouses’ finances. This is known as financial disclosure. Did you know that in Ontario you must be at least 18 years old to get married? Since that in Canada it is a law that you cannot marry another person if you are already married, also known as polygamy, divorce becomes a legal issue. The Divorce Act and the process of getting a divorce remains the same all over Canada. First, you or your spouse must apply for a divorce in court. When you are applying for a divorce, you must be able to demonstrate that the marriage has broken-down. The most common situations that the court sees is that you and your spouse have been separated for at least a year by living in separate housing, if you or your partner committed infidelity, or if the marriage is abusive that it is no longer safe to live with each other. Functionalist might say that divorce is dysfunctional in society since it goes against the norm in marriage where it states that two people are united until â€Å"death do you part†. The societal institution such as religion, have been seen to have an impact on marriage such as same sex marriages and the ceremonies people have when they get married. There are many types of marriages that you can have as we witnessed in the film, Get Him to the Greek, where the family wanted a religious ceremony performed by a religious organization listed in the Marriage Act. In contrast, some couples prefer a civil ceremony that is performed by a judge, justice of the peace, city clerk or someone else who is licenced to perform marriages. Divorce also brings religious barriers to remarriage. Some religions do not believe in divorce and say that you cannot get remarried in a religious ceremony. Furthermore, religion can have a barrier on same-sex marriage. Some religions consider same-sex marriages to be abnormal, so it can be tough for the family to accept that their son or daughter is gay or lesbian. Family acceptance is important to the individual’s self, and if the individual’s family does not accept a part of who they are, they might feel disowned and a loss of self-worth, which leads to conflict in the relationship. Family plays a role in marriage and mate selection through the way they raise their children for the reason that people tend to marry people who share similar beliefs and values. Martin Whytes study of dating and marriage mentions that marital success can be determined. He mentions in his study that the dating experience was not a predictor of success, enduring married couples had several characteristics in common, which are having similar values, enjoying similar leisure time activities, pooling their incomes, sharing in power and decision making in their relationship, having friends in common and having an active social life together. Whyte, 2001) Family has an impact on people’s beliefs and values, how they spend their leisure time, and their social life. System theorists agree that families have an impact on marriage and mate selection of their children because the system theory can help explain issues seen in an individual such as social issues by looking at how they were raised. Different societal institutions present may challenges for married couples. Many factors from divorce amongst all the legal issues associated with it, to religion beliefs, of when and how a couple gets married and the family acceptance of same-sex marriages. Last of all, factors of exactly how an individual is raised by their family plays a significant role in marriage and mate selection and Martin Whyte explains. All three of the different societal institutions play a significant role in determining the success of the couple’s relationship.

Funny :: essays research papers

Cause the streets have opened my eyes to see. says: im the son of hazel and grame Cause the streets have opened my eyes to see. says: graeme* Cause the streets have opened my eyes to see. says: hazels hot Peter says: no, i am Peter says: lol she sure is Cause the streets have opened my eyes to see. says: shotgun!! Peter says: shes a milf Cause the streets have opened my eyes to see. says: i fukd her in the buttocks Cause the streets have opened my eyes to see. says: i hate canadians Cause the streets have opened my eyes to see. says: i burnt one the other day cuz he stole my sandwhich Hot Stuff says: Im sorry.. I thought it was my cousin Peter.. it must be a different Peter.. sorry about this.. bye Cause the streets have opened my eyes to see. says: dont leave, its fun Peter says: i like your baby Cause the streets have opened my eyes to see. says: we're just racists new zealanders Cause the streets have opened my eyes to see. says: i wona eat it Cause the streets have opened my eyes to see. says: then fuk its little hole Hot Stuff says: you're from New Zealand.. cool.. Cause the streets have opened my eyes to see. says: no, its a shit country Hot Stuff says: hey, that is not funny to say that about my daughter Cause the streets have opened my eyes to see. says: i wona move to japan Cause the streets have opened my eyes to see. says: im sory my dad abuses me Peter says: can we dress up in sheepskin and play sausages? Hot Stuff has left the conversation. Cause the streets have opened my eyes to see. says: lmao Peter says: lmfao Cause the streets have opened my eyes to see. says: we win Cause the streets have opened my eyes to see. says: u like? Peter says: man that was awesome Cause the streets have opened my eyes to see. says: hahahahaha Peter says: im was going nuts laughing Cause the streets have opened my eyes to see. says: we rock Peter says: i am not going to forget that Cause the streets have opened my eyes to see. says: i woz so proud 'fuk its little hole' Peter says: lol Cause the streets have opened my eyes to see. says: dude, wel done Cause the streets have opened my eyes to see. says: that woz orsum Cause the streets have opened my eyes to see. says: shes prolly cryin

Nivea for Men: Developing a Marketing Plan Answer Sheet Essay

1. What is the difference between product range and product mix? The product range are the different types of products from one particular category e.g. drinks orange, lemonade, raspberry, whereas product mix are the different categories of product that are sold e.g. drinks, sandwiches, fruit etc 2. How would the increase in marketing awareness affect Nivea s day to day operations? More staff, more sales, more products needed, extra deliveries, more staff, more room for storage. 3. Why is the FHM Grooming Award a good thing for Nivea? FHM has a large readership level, the majority of readers care about their appearance and therefore Nivea may benefit from extra sales due to its recognition of enhancing appearance. 4. Why is it important for Nivea to identify a market segment? It can develop strategies for specific people, save money and have a higher success rate. 5. Above-the-line and Below-the-line promotion are prominent with Nivea. Why is this important? So that Nivea can get their message across to the masses through the various media and also build affinity and relationships with it customers and potential customers. 6. What was the male skincare products market worth in 2008? Male skincare products were worth  £117m 7. In 1998 annual sales of skincare products were worth  £68m. In 2008 they are now worth  £117m. What is the percentage increase in annual sales? 172% (117 / 68) X 100 8. What is the percentage increase in male facial products?  £7.3m to  £49m = 49/ 7.3 X100 = 671% 9. Why are marketing plans used? A marketing plan is used to identify, anticipate and satisfy consumers need. If a marketing plan is used, the business will know what the consumer wants, and will sell appropriate products which will increase revenue for the business. 10. Give 2 marketing aims that Nivea may want to achieve? Increase the sales of male skincare products in the UK. Develop its range of products for the UK market. 11. Using the case study, highlight how the SWOT analysis could  be used for Nivea. Nivea could use the SWOT analysis in order to assess its Strengths and Weaknesses within the business. This would allow management to address its weaknesses and exploit its strengths. This would be the opinions of the management and staff. It could also assess the Opportunities and Threats in terms of where the market is going with skincare for men and exploit it. They would also be aware of potential threats in terms of competition, laws and attitudes. 12. How has Nivea used promotion to enhance the awareness of the brand? Nivea has used both Above the line and Below the line promotion using the media, sponsorship of sports teams and winning awards from target market magazines.

Computer Network Assignment

COMPUTER NETWORKS 4TH MARCH 2012 Examination Paper Answer ALL questions. Clearly cross out surplus answers. Time: 2 hours Any reference material brought into the examination room must be handed to the invigilator before the start of the examination. ANSWER ALL QUESTIONS Marks QUESTION 1 a) State FOUR (4) principles underpinning the Open Systems Interconnection (OSI) Reference Model. b) Describe the purpose of the physical layer of the OSI Reference Model. c) State THREE (3) elements of network design that relate to the physical layer of the OSI Reference Model. ) Describe the purpose of the data link layer. 4 1 3 2 Total 10 Marks QUESTION 2 a) b) c) d) Define the term a packet as used in computer networks. Briefly describe the THREE (3) key components of a packet. Explain the difference between a LAN, MAN and WAN. Describe how signal reflection could be a problem in an Ethernet LAN and explain how this is prevented. 1 3 3 3 Total 10 Marks QUESTION 3 a) b) c) d) Explain why wireless t echnology was not initially widely adopted. State THREE (3) advantages to using wireless peripheral devices. Describe what a wireless adapter is.Windows 7 Check Your UnderstandingDescribe what an access point is. 3 3 2 2 Total 10 Marks QUESTION 4 a) b) c) d) Explain what physical topology is. Explain what logical topology is. Describe how physical topology and logical topology relate to each other. Describe how point to point networks operate. 2 2 2 4 Total 10 Marks QUESTION 5 a) b) c) J State FIVE (5) factors to consider when choosing physical media for a computer network. State FOUR (4) advantages to using fibre-optic cable as a network medium. State the main disadvantage to using fibre-optic cable as a network medium. 4 1 Total 10 Marks QUESTIONS CONTINUE ON NEXT PAGE Page 2 of 3 Computer Networks March 2012 Formatted/HW Â © NCC Education Ltd 2012 Marks QUESTION 6 a) b) Explain what a repeater is and briefly describe how it works. Explain what a router is and briefly describe ho w it works. 6 4 Total 10 Marks QUESTION 7 a) b) c) List FIVE (5) key factors to take into account when locating wireless access points. You have located an access point in the best available place for your wireless network but it is not providing the complete coverage you require.State THREE (3) options you have to extend the coverage of the wireless network. Your wireless network allows public access via a login page. Describe TWO (2) features that should be included in your login page. 5 3 2 Total 10 Marks QUESTION 8 a) b) c) d) A secure network offers privacy. Explain what privacy is in this context. A secure network offers integrity. Explain what integrity is in this context. A secure network offers availability. Explain what availability is in this context. Describe a man-in-the-middle attack. 2 3 2 3 Total 10 Marks QUESTION 9 a)Firewall traffic blocking rules can be created for network traffic based upon a number of different properties. State THREE (3) properties that are use d to create firewall rules. b) Explain what a router firewall does. c) List FOUR (4) key tasks that are vital for managing a firewall. 3 3 4 Total 10 Marks QUESTION 10 a) b) c) State the THREE (3) main functions of a Network Operating System (NOS). Describe how a redirector works. State THREE (3) network services that a NOS will typically enable. 3 4 3 Total 10 Marks END OF EXAM Page 3 of 3 Computer Networks March 2012 Formatted/HW Â © NCC Education Ltd 2012

Qatar World Cup Buildings and Facilities in 2022

Qatar World Cup Buildings and Facilities in 2022 Introduction Scope or work. The present project is aimed at analysing and evaluating the resources and opportunities of the country Qatar with regard to the expected world cup that is sure to be held there in 2022 in accordance with the bid won by Qatar to host the world cup on its territory.Advertising We will write a custom essay sample on Qatar World Cup Buildings and Facilities in 2022 specifically for you for only $16.05 $11/page Learn More As such, it is necessary to evaluate whether the conditions in this country are appropriate to hold a green world cup there in terms of environmental issues and climate components. Rationale for research. The investigation should be performed to assess the readiness of Qatar to host the world cup on its territory with regard to international rules and conventions. As representatives of different nations would take part in the world cup, extraneous stressors should not be imposed on them. Objectives Problem statement. The problem for Qatar with regard to construction and design of buildings and facilities for the world cup 2022 is the environment, climate issues, and investment. So, Qatar is a country with emerging economy but everything can happen in more than ten years. Besides, the climate of Qatar is hot and humidity is high contrasted to other countries that could have won the bid for the 2022 world cup. Finally, the environment should be green; so, it is important to reduce the pollution of waters and air and reduce the gas emission. Justification of the problem. The problem of investments and environment is great because the country eligible to host some international events should provide its participants with adequate conditions similar to the ones provided in other countries for events of the same level as the world cup. Methodology Review of projects. The projects designed for the Qatar 2022 world cup are magnificent with wide variety of modern materials and constructions techniques. So, the stadiums and buildings can be constructed in order to provide the participants and audience with the maximum of comfort.Advertising Looking for essay on architecture? Let's see if we can help you! Get your first paper with 15% OFF Learn More In other words, air conditioning applied to stadiums would reduce the temperature typical for climate in Qatar and make the conditions appropriate for the game. Planning for world cup facilities. The facilities should be designed in accordance with the international norms of security measures for such type of events. Besides, it is important to investigate whether the country and organizations that contribute to the construction of buildings and facilities in Qatar are certified to perform such activities. However, the projects of stadiums and facilities are aimed at bringing the world cup on the brand-new level of design and construction in term so architecture and tourism. Critical issues. Environmental factors for Qatar include a great variety of factors such as hot temperature and high level of humidity. As such, the air conditioning would be an integral part of the construction of buildings and facilitites for the world cup in Qatar 2022. The infrastructure in this country should be developed as well as the stadiums. Roads, airports, and other means of transportation and communication should be developed to ensure that all guests of the world cup would be satisfied. â€Å"some emerging market host countries (such as China, India and Qatar) are ramping up aggressively as project sponsors† (Orr and Kennedy 96). The airways of Qatar are reported to be sufficient for the world cup, â€Å"Qatar Airways created strong competition for well-established carriers† (Surovitskikha and Lubbeb 2). The study by Al-Madfa, Abdel-Moati, and Al-Gimaly is aimed at researching the water pollution in Qatar of oysters. However, if water pollution influences water organisms, it would inevitably i nfluence people that would bathe in the sea when they come to Qatar for the world cup 2022.Advertising We will write a custom essay sample on Qatar World Cup Buildings and Facilities in 2022 specifically for you for only $16.05 $11/page Learn More The study by Abu-Madi et al. Focuses on parasites and other infections that are typical for Qatar and can develop in the human organism in such a hot climate as in Qatar. So, infections prevention measures should be taken in advance to ensure that no fans that would come to the world cup can be infected with parasites and other typical diseases. The problem of health care was also investigated by Chouchane et al. who analysed the medical environment in Qatar. This means that health care should be developed as an integral part of the country’s infrastructure.. Climate change and emission control (green world cup). Piebalgs analysed the relationship between energy and air pollution and possibilities for reduc ing gas emission in Qatar with regard to their natural resources and possible use of alternative sources of energy that would be more environmentally safe and sufficient. Expected Outcomes Summary of discussion. The emerging economy of Qatar is a good sign of developing opportunities to realize the projects for the world cup 2022. However, there are some obstacles that can interfere with the plans of the management of this project. As such, analysis of infrastructure should include health care issues and security measures while planning the budgeting for the project. Besides, relationship between the gas emission and green world cup concepts should be drawn. Possible limitations. The limitations of the project include investments and the increased level of infections typical for this type of climate. Abu-Madi, Marawan A., Behnke, Jerzy M., and Doiphode, Sanjay H. â€Å"Changing Trends in Intestinal Parasitic Infections among Long-Term-Residents and Settled Immigrants in Qatar.â₠¬  Parasites Vectors 3. 98 (2010). Web.Advertising Looking for essay on architecture? Let's see if we can help you! Get your first paper with 15% OFF Learn More Al-Madfa, H., Abdel-Moati, M. A. R., and Al-Gimaly, F. H. â€Å"Pinctada radiata (Pearl Oyster): A Bioindicator for Metal Pollution Monitoring in the Qatari Waters (Arabian Gulf).† Bulletin of Environment and Contamination Toxicology 60 (1998): 245-251. Chouchane, Lotfi. Et al. â€Å"Medical Education and Research Environment in Qatar: A New Epoch for Translational Research in the Middle East.† Journal of Translational Medicine 9.16 (2011). Web. Orr, Ryan J., and Kennedy, Jeremy R. â€Å"Highlights of Recent Trends in Global Infrastructure: New Players and Revised Game Rules.† Transnational Corporations 17.1 (April 2008): 95-130. Piebalgs, Andris. â€Å"EU Energy and Climate Policy.† Speech at the 7th Doha Natural Gas Conference (2009). Surovitskikha, Svetlana, and Lubbeb, Berendien. â€Å"Positioning of Selected Middle Eastern Airlines in the South African Business and Leisure Travel Environment.† n. d. Web.

Business Etiquette Goodbye Message

Business Etiquette Goodbye Message (Issue 20: July, 2009) by Mary CullenIt is summertime, and my deepest wish is that you are enjoying some time off, rejuvenating and relaxing. Sadly, many in this economy are encountering forced time off. This issue looks at the challenging business etiquette quandry of how to professionally write a goodbye message if you have lost your job.It is painful to lose your job. Whether it is due to a merger, layoffs, poor sales or a personality conflict, so many emotions rage: worry, stress and resentment. There is a hilarious layoff scene in the movie "Broadcast News:"Manager: Now, if there's anything I can do for you...Employee: Well, I certainly hope you'll die soon. As much as we might momentarily feel better with this scathing retort, it will not help us find new and better work.Instead, respond professionally to the notification, close out all work responsibilities fully, and foster connection with all contacts. Here is an example of a good message notifying colleagues you are leaving:Hi Carmen, (If you are friendly enough for a personal message notifying the recipient of your departure, use the more personal salutation "Hi" followed by a comma. More on salutations.)Tomorrow, July 29, will be my last day at Acme Company. I'm departing to new adventures. I don't yet know what they'll be, but I'm sure they will be wonderful. (Without overtly stating so, it's clear this person did not leave for another position. Yet, there is absolutely no bitterness. If you know what you will be doing, state it here..."I will be taking time off to care for my infant son." or "I am entering an MBA program at Rutgers.")It has been a joy to work with you during my time here. You are so energetic and positive, and I sincerely hope we stay in touch and find future opportunities to work together. (State something truthful and specific about this particular recipient, so it feels sincere and targeted, not a mass email. Also indicate your desire to stay in touch.)Gerry Malvers (gmalvers@acme.com) and Suresh Patel (spatel@acme.com) will be your new contacts for procurement. Feel free to contact them with any questions regarding your accounting services in the future. I have given them your contact information and briefed them on the work you've done so well for Acme. (Provide clear information about how your recipient will connect with your company or department, and any relevant information they need.)I wish you great success, and hope we get to work with each other again! I look forward to your updates on Facebook and/or LinkedIn. (This assumes you are already connected on Facebook and LinkedIn. If not, tell them you will be sending them a connec tion request, or provide your own contact information on these networks. If you do not yet use LinkedIn or Facebook, let this be a reminder to establish your presence on these social networks before you may need it. This is most important - you have honed good relationships, so stay connected with them. If you do not use LinkedIn or Facebook, provide your personal email address instead.)Best regards,Jeanine Ready to commit to improving your business writing so it is a career advantage?

Marketing Plan for British American Tobacco Company (BAT) Essay

Marketing Plan for British American Tobacco Company (BAT) - Essay Example The report entails the marketing plan of BAT and considers the current marketing environment, situational analysis and marketing objectives that should be implemented in order the changes in consumer attitudes towards consumption of the traditional tobacco products such as cigarettes and cigars. The report will also outline the marketing mix strategy that BAT should implement in order to attain the marketing objectives. British American Tobacco (BAT) has market presence in more than 200 countries across the world but has received criticism due to its controversial products that have adverse health effects on the consumers. Some of the leading global brands include Lucky Strike, Benson & Hedges, Pall Mall, Dunhill, and Rothmans. BAT has a strong market presence in Britain and entire European market and its traditional products such as cigars, pipe tobacco and cigarettes are experiencing a decline in demand due to high consumer awareness of the adverse impacts of nicotine on their health. In response, BAT has started developing next-generation products that include the heat-not-burn devices and electronic cigarettes. BAT has implemented a new vision strategy that will enable the company to attain leadership of the global tobacco industry and enhance the shareholder value. Marketing is concerned with anticipating and meeting the changing consumer needs and preferences through offering new products, new uses of the product and added benefits to the products.

International business Essay Example | Topics and Well Written Essays - 2500 words - 13

International business - Essay Example nce, it is an effort to integrate or transverse some of national boundaries that reduce the national barriers and the businesses can compete for productive inputs and customers across the globe. In other words, it can be explained as an effort to reduce national barriers and establish broader market that permits all buyers and sellers to persuade business activities at a global level. The process of globalization can not only be identified as a buzz word but it will provide opportunities to accelerate pace of major business. Despite the fact, globalization will provide greater opportunities for the business to expand its markets, improve the pace of its performance and productivity. Globalization still remains to be one of the debatable and controversial issues in contemporary times. Researchers claim that the globalization is an excellent concept to boost up economic prosperity but elimination of national barriers cannot be attained. It has created a confusion and paradox situation for the business entities to integrate its operations at a global platform. The statement ‘The problem with the globalization is that there is not enough of it’ indicates that the concept of globalization is not absolutely attainable that has created problem itself. Therefore, the present essay paper will critically analyze advantages and disadvantages of Globalization to interpret the statement. Werhane (2012) explains globalization as an integration process of national economies within the international economy, through trade flows, foreign direct investments, short capital flows, technologies flow and labor forces (Werhane, 2012). The integration of the economies has increased diversity, complications, and controversies because of its multi dimensional nature. Sebastian and Elisabeta (2014) Claim that with the passage of time globalization stresses on the increasing process of integrations among countries within regional economies and political structures, with respect to

Literature Review Saudi Stock Market Research Paper - 1

Literature Review Saudi Stock Market - Research Paper Example In most cases, this volatility is caused by unavoidable risks. It is therefore not surprising that any investor would want to anticipate the amount of unavoidable risks they are exposed to. As such, the Saudi Arabian stock market has been of great interest to economic researchers. Factors that affect volatility will also be referred to as market influencers in this paper. Studying market influencers will promote the market as a viable opportunity to external investors and globalize the securities for better market performance. This means market stability (Ibp Usa & USA International Business Publications, 2005). Despite being exposed to major turbulent and market-moving events, the Saudi Arabian stock market has shown tremendous improvements. A reflection of this can be seen in the share price movements and the flourishing economy. The peak of this performance was in February 2006, but this was affected by the severe global and economic downturn in the late 2008. Another factor that fuelled this backdrop was the unprecedented unrest in the Middle East during almost the same period. The market has however shown improvements in the past several years to become one of the best in the region. In an attempt to study the market stability and progression of the Saudi Arabian stock market, several researches were done. While some research has focused on the quantitative and qualitative data, others have focused on external influences and comparisons made against stock markets in a bid to explain the performance of the Saudi Arabian stock market. Stock market indexes of specific companies in that country are used for purposes of this study. Consequential studies have unearthed that the Saudi Arabian stock market has distinct and clear cut differences with other markets. Firstly, the shares are traded through commercial banks. Secondly is the absence of bourse makers and thirdly is the liquid characteristic of the market (Mohamed, 2010). Both

Rationalism - Reason Essay Example for Free

Rationalism Reason Essay The debate about truth upon two schools of thought, rationalism and empiricism has existed for long time. Although, they have played important role as contemplated for answering the proposition, their view on obtaining truth, epistemology, and nature of knowledge is different. How do these different philosophies explain and prove the nature of reality will be clarified in this paper. My reflection as a writer also present in this paper upon the truth in my view. Rationalism is the process of reason, which a priori knowledge is the bases of human knowledge (Markie, 2013). The understanding’s priori forms become in human mind before any experience is conveyed to the human. It means that true phenomena can be known by the knower without the matter of experience. Rationalists share the vision that there is innate knowledge; they differ in the different objects of innate knowledge such as the ability to use language is innate (Markie, 2013). The remembering of perfect forms happens from when a human is born and it is the source of knowledge. For the rationalism, the mind, it can be compared with a computer which the hardware already has some functions before the software is loaded onto it. By the way, some functions mean the innate idea and the software relate to experiences or specific knowledge. However, the mind’s perception was a lie and the influence of reason, lacking of the sense was the only way to disruption through the lies. This philosophy disagrees with the sense because they cause of false realities. For the rationalists, it can be stated that when something became true, a reason that why it is true always illustrate. The Empiricism represent that a posteriori knowledge is origin of the theory of knowledge. It means that there is no thing as innate knowledge but knowledge is developed from  experience. When a human was born, there is no content or there are no ideas in the mind but when human learn or experience things, it is being written on. This experience achieves through sensed via the five senses (Abbott, 1977) and including reasoned via mind or brain. To gain an understanding and knowledge in the world, the past experiences are compulsory because a priori knowledge cannot be used to describe the worldly- mind phenomenon. To justify anything is true or false; it depends on what human experiences here and now, or can remember. All human knowledge goes beyond what is present to their senses or memory. The ways to understand the world, all ideas come from experience which is divided in term of simple and complex ideas (Markie, 2013). For example, the whiteness of a flower, the taste of salt, the smell of tea, the sensation of coldness or the sound of guitar are represented as the simple ideas. Thereafter, complex ideas are formed to understand the truth of phenomenon by using those ideas as the basic for reflecting, linking and comparing. An example, when human has the simple ideas about a balance and pleasure they can compound and involving to the idea of beauty as the complex idea. In other words, anything human knows that is not true by definition, every fact, human must learn and test through their senses. For example, human believes that there is an angel or there is a soul is not true by definition but they based on sense experience in each individual. However, sometime empiricists accept that some proposition could be the innate ideas which are true by the definition of term and independent of experience (Markie, 2013). External world truths can and must be known a priori, that some of the ideas required for that knowledge are and must be innate (Glanzberg, 2014) and that this knowledge is superior to  any that experience could ever provide. The full-fledged empiricist about our knowledge of the external world replies that, when it comes to the nature of the world beyond our own minds, experience is our sole source of information. Thus, I support the idea of empiricism that truth can be obtained from our own experience through five senses. I also not agree that all priori knowledge can be absolute truth. For example, we intuit that a person who loses their coule might experience grief. This cannot be warranted in all situations. A person who had bad feeling  toward their couple, being abuse, might not be grief to lose him /her partner. It needs a particular causal condition. We will know that it is true or not until we experience it by observing through our senses. As a scientist, scholar and nurse, I could not rely on knowledge without proper explanation. Reason is a form of relation of information in our own idea. Priori also lets somebody lack of skeptical because they were taught to believe in some phenomenon without doubt. Furthermore, empiricism, it proves a theory because empiricism is the assertion that only real knowledge is empirical. We can learn from experience and observation. The best way to know something is to have seen it with our own eyes and to be able to demonstrate it with repeatable observation or experiments. In fact someone interested in gathering knowledge in a scientific mode of thought, he can come up with ideas for observation and experiments to answer his questions. An example of this is if nurses represent the exercise is most effective in older adult with osteoarthritis, they could pursued those older people to learn and train to exercise and evaluate the effective of exercise. Meanwhile, empiricism gives experimental reasoning which as well as observation and past experiences are the sources of knowledge. It is not unconditionally and concretely true in experimental reasoning depending on cause and effect. This can be said that all things can be revised when we doubt or require the answer. However, it is also important to note that both the rationalism and empiricism are not suitable to be a good source of knowledge in all situations. It depends on view of individual to select to be way of knowing in specific situation. For example, each religion has its god;sometimes we could not doubt whereas, some phenomena can be experienced and observed by using our five senses. References Abbott, E. A. (1977). Flatland: A romance of many dimensions. Trade Publication. Glanzberg, M. (2014). Truth. In E. N. Zalta (Ed. ), The Stanford Encyclopedia of Philosophy (Fall 2014 ed. ). Retrieved from http://plato. stanford. edu/archives/fall2014/entries/truth/ Markie, P. (2013). Rationalism vs. Empiricism. In E. N. Zalta (Ed. ), The Stanford Encyclopedia of Philosophy (Summer 2013 ed. ). Retrieved from http://plato. stanford. edu/archives/sum2013/entries/rationalism-empiricism/.

Fate In Oedipus Rex :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Through Sophocles’ use of foreshadowing in the play Oedipus Rex, certain truths are revealed to the reader, such as the fact that a lack of respect for fate can eventually bring on a person’s downfall, by driving them to delusion. Oedipus is looked up to by all his kingdom at the opening of the play, only to be thwarted by his own lack of intelligence-- and more by his lack of faith than even that. Oedipus, once the sanguine, yet slightly overbearing ruler of the people, is reduced to less than a sliver of a human being. When confronted by the prophet Teiresius, Oedipus feels most perplexed and even exposed. And so he rejects any possibility of validity in Teiresius’ prognostication, and, in doing this, signs his own sentence. Because of Oedipus’ failure to respect the insight of a gifted seer, he is doomed to a blind and bloody end.   Ã‚  Ã‚  Ã‚  Ã‚  As I have said before, Oedipus was first revered by all his people. His earnest patriotism for his adoptive land and people are well received by all in his kingdom. After all, he is the most â€Å"glorious Oedipus† (p.13,ln.8). Oedipus perceives himself to be a flawless champion for those surrounding him. These blind expectations that the most exalted Oedipus has for himself are the very things that lead him to put little credence in others and nearly all his faith in himself. And once he decides he is stronger than prophecy, his mad, unseeing eyes are unable to pick up the warning signs lining his road to oblivion.   Ã‚  Ã‚  Ã‚  Ã‚  At one point in the play, the blind, hermaphroditic Teiresius enters to bring Oedipus’ head out of the clouds and back to earth where things are a mite different. This is one point of the play in which Oedipus is unbelievably close to finally buying into the fact that some power higher than himself could be at work-- and yet his arrogance and pride hinder him from accepting the legitimacy of fate. Oedipus finds the idea that Teiresius could know more than he simply offensive. Teiresius, sensing Oedipus’ hostility toward him, warns the king that when Oedipus berates him that â€Å"such taunts will... cast the selfsame taunts on you,†(p.126,ln.73). One would assume that Oedipus, knowing Teiresius’ reputation as a most unfailing and precise prophet would take heed in his further dealings with fate. However, in a style most befitting his character, he ignores these insights. Only when Teiresius mentions Oedipus’ parents does Oedipus listen. His interest sparked, the king cautiously asks, â€Å" What mortals gave me birth?†(p.28,ln.437). Teiresius elaborates further by stating that the king shall â€Å" At once be revealed as brother

Compensation and Benefits

Compensation and benefits From Wikipedia, the free encyclopedia (Redirected from Compensation & Benefits) Jump to: navigation, search Compensation and benefits (abbreviated â€Å"C&B†) is a sub-discipline of human resources, focused on employee compensation and benefits policy-making. It is also known in the UK as â€Å"total reward† and as â€Å"remuneration† in Australia and New Zealand.Contents[hide] * 1 The basic components of employee compensation and benefits * 2 Variable pay * 3 Benefits * 4 Equity-based compensation * 5 Organizational place * 6 Main influencers * 7 Bonus plans| [edit] The basic components of employee compensation and benefits Employee compensation and benefits are basically divided into four categories: 1. Guaranteed pay – monetary (cash) reward paid by an employer to an employee based on employee/employer relations. The most common form of guaranteed pay is the basic salary. . Variable pay – monetary (cash) reward paid by a n employer to an employee that is contingent on discretion, performance or results achieved. The most common forms are bonuses and sales incentives. 3. Benefits – programs an employer uses to supplement employees’ compensation, such as paid time-off, medical insurance, company car, and more. 4. Equity-based compensation – a plan using the employer’s share as compensation. The most common examples are stock options. Guaranteed pay Guaranteed pay is a monetary (cash) reward.The basic element of the guaranteed pay is the base salary, paid based on an hourly, daily, weekly, bi-weekly or a monthly rate. The base salary is typically used by employees for ongoing consumption. Many countries dictate the minimum base salary defining a minimum wage. Individual skills and level of experience of employees leave room for differentiation of income-levels within the job-based pay structure. In addition to base salary, there are other pay elements which are paid based so lely on employee/employer relations, such salary and seniority allowance. edit] Variable pay Variable pay is a monetary (cash) reward that is contingent on discretion, performance or results achieved. There are different types of variable pay plans, such as bonus schemes, sales incentives (commission), overtime pay, and more. An example where this type of compensation plan is prevalent is the real estate industry and real estate agents. A common variable pay plan might be the sales person receives 50% of every dollar they bring in up to a level of revenue at which they then bump up to 85% for every dollar they bring in going forward.Typically, this type of plan is based on an annual period of time requiring a â€Å"resetting† each year back to the starting point of 50%. Sometimes this type of plan is administered so that the sales person never resets and never falls down to a lower level. It also includes Performance Linked Incentive whcih is variable and may range from 130% to 0% as per performance of the indiviudal as per his KRA. [edit] Benefits There is a wide variety of employee benefits, such as paid time-off, insurances (life insurance, medical/dental insurance, and work disability insurance), pension plan, company car, and more.A benefit plan is designed to address a specific need and is often provided not in the form of cash. Many countries dictate different minimum benefits, such as minimum paid time-off, employer’s pension contribution, sick pay, and more. [edit] Equity-based compensation Equity based compensation is an employer compensation plan using the employer’s shares as employee compensation. The most common form is stock options, yet employers use additional vehicles such as restricted stock, restricted stock units (RSU), employee stock purchase plan (ESPP), and stock appreciation rights (SAR).The classic objectives of equity based compensation plans are retention, attraction of new hires and aligning employees’ a nd shareholders’ interests. [edit] Organizational place In most companies, compensation & benefits (C&B) is a sub-function of the human-resources function. HR organizations in big companies are typically divided into three: HR business partners (HRBPs), HR centers of excellence, and HR shared services. C&B is an HR center of excellence, like staffing and organizational development (OD). [edit] Main influencersEmployee compensation and benefits main influencers can be divided into two: internal (company) and external influencers. The most important internal influencers are the business objectives, labor unions, internal equity (the idea of compensating employees in similar jobs and similar performance in a similar way), organizational culture and organizational structure. The most important external influencers are the state of the economy, inflation, unemployment rate, the relevant labor market, labor law, tax law, and the relevant industry habits and trends. edit] Bonus plan s Bonus plans are variable pay plans. They have three classic objectives: 1. Adjust labor cost to financial results – the basic idea is to create a bonus plan where the company is paying more bonuses in ‘good times’ and less (or no) bonuses in ‘bad times’. By having bonus plan budget adjusted according to financial results, the company’s labor cost is automatically reduced when the company isn’t doing so well, while good company performance drives higher bonuses to employees. . Drive employee performance – the basic idea is that if an employee knows that his/her bonus depend on the occurrence of a specific event (or paid according to performance, or if a certain goal is achieved), then the employee will do whatever he/she can to secure this event (or improve their performance, or achieve the desired goal). In other words, the bonus is creating an incentive to improve business performance (as defined through the bonus plan). 3.Emp loyee retention – retention is not a primary objective of bonus plans, yet bonuses are thought to bring value with employee retention as well, for three reasons: a) a well designed bonus plan is paying more money to better performers; a competitor offering a competing job-offer to these top performers is likely to face a higher hurdle, given that these employees are already paid higher due to the bonus plan. b) if the bonus is paid annually, employee is less inclined to leave the company before bonus payout; often the reason for leaving (e. g. dispute with the manager, competing job offer) ‘goes away' by the time the bonus is paid. he bonus plan ‘buy' more time for the company to retain the employee. c) employees paid more are more satisfied with their job (all other things being equal) thus less inclined to leave their employer. The concept saying bonus plans can improve employee performance is based on the work of Frederic Skinner, perhaps the most influential p sychologist of the 20th century. Using the concept of Operant Conditioning, Skinner claimed that an organism (animal, human being) is shaping his/her voluntary behavior based on its extrinsic environmental consequences – i. . reinforcement or punishment. This concept captured the heart of many, and indeed most bonus plans nowadays are designed according to it, yet since the late 1940s a growing body of empirical evidence suggested that these if-then rewards do not work in a variety of settings common to the modern workplace. Research even suggested that these type of bonus plans have the potential of damaging employee performance. Retrieved from â€Å"http://en. wikipedia. org/w/index. php? title=Compensation_and_benefits&oldid=478107814† View page ratingsRate this page Rate this page Page ratings What's this? Current average ratings. Trustworthy Objective Complete Well-written I am highly knowledgeable about this topic (optional) I have a relevant college/university d egree It is part of my profession It is a deep personal passion The source of my knowledge is not listed here I would like to help improve Wikipedia, send me an e-mail (optional) We will send you a confirmation e-mail. We will not share your e-mail address with outside parties as per our feedback privacy statement. Submit ratingsSaved successfully Your ratings have not been submitted yet Your ratings have expired Please reevaluate this page and submit new ratings. An error has occurred. Please try again later. Thanks! Your ratings have been saved. Please take a moment to complete a short survey. Start surveyMaybe later Thanks! Your ratings have been saved. Do you want to create an account? An account will help you track your edits, get involved in discussions, and be a part of the community. Create an accountorLog inMaybe later Thanks! Your ratings have been saved.Did you know that you can edit this page? Edit this pageMaybe later Categories: * Human resource management * Employment compensation Personal tools * Log in / create account Namespaces * Article * Talk Variants Views * Read * Edit * View history Actions Search ————————————————- Top of Form Bottom of Form Navigation * Main page * Contents * Featured content * Current events * Random article * Donate to Wikipedia Interaction * Help * About Wikipedia * Community portal * Recent changes * Contact Wikipedia Toolbox What links here * Related changes * Upload file * Special pages * Permanent link * Cite this page * Rate this page Print/export * Create a book * Download as PDF * Printable version * This page was last modified on 21 February 2012 at 18:25. * Text is available under the Creative Commons Attribution-ShareAlike License; additional terms may apply. See Terms of use for details. 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Economics IA Commentary †Market Failure Essay

Household energy bills will increase by à ¯Ã‚ ¿Ã‚ ½50 as the impact of green taxes triples over a decade, new research shows. By James Kirkup, Political Correspondent, Published: 12:01AM BST 17 Aug 2010 The sum the Government levies from energy use will rise to more than à ¯Ã‚ ¿Ã‚ ½16 billion by 2020, a think tank has estimated. Policy Exchange, which has close links to Conservative ministers, calculated that the cost of green taxes, surcharges and other levies on energy will go from à ¯Ã‚ ¿Ã‚ ½5.7 billion this year to à ¯Ã‚ ¿Ã‚ ½16.3 billion in 2020. In 2020, some à ¯Ã‚ ¿Ã‚ ½6.4 billion of the total will come from levies applied to domestic energy consumption. That is up from à ¯Ã‚ ¿Ã‚ ½2 billion today. The increase will add à ¯Ã‚ ¿Ã‚ ½40 to the average household gas bill and à ¯Ã‚ ¿Ã‚ ½8 to an electricity bill, according to data from the Department of Energy and Climate Change. Household energy bills are increased by a number of Government environmental policies, including the Renewables Obligation and other levies applied to energy usage to fund low-carbon power generation. Energy companies also face charges for schemes including the European Union’s Emissions Trading Scheme, costs which are then passed on to customers. â€Å"Green† levies are meant to increase the price of carbon-emitting energy use, with the aim of funding alternative sources and encouraging consumers to change their behavior. Much of the money raised by such levies does not end up with the Treasury, but â€Å"green taxes† are regarded with suspicion by some consumers, who regard them as a disguised revenue-raising measure. Simon Less, Policy Exchange’s head of environment and energy, said that the various environmental charges should be considered taxes by another name. â€Å"The funding for these policies may come through energy bills, rather than the tax man, but it is a tax, and an increasingly large one paid by individual households and firms. Its scale makes it even more important that this money is used in the most efficient way possible.† Warning about need to gain public support for measures to combat climate change, his report says that â€Å"raising taxation through energy bills, rather than, say, using income tax, is relatively regressive, because the poorest households tend to spend a larger proportion of their income on energy.† Dr Less also said they funds that are supposed to go to renewable energy sources are often spent inefficiently. He said: â€Å"Climate change is a major threat. It needs to be tackled as a priority, and that will be expensive. But the public and industry will not put up with paying such large sums if the money is going to be wasted.† Last week, The Daily Telegraph highlighted the latest â€Å"green† charge to be applied to British businesses, the Carbon Reduction Commitment, which will require big companies to buy â€Å"permits† for their carbon emissions. Thousands of those companies are facing large fines if they fail to register with the new scheme before a deadline next month. The articles discusses that although ‘green taxes’ are applied to fund low-carbon power generation with the ultimate aim of encouraging consumers to tap alternative energy, they will increase the cost of household energy bills by à ¯Ã‚ ¿Ã‚ ½50 by 2020. Externalities are third party effects arising from production and consumption of goods and services for which no appropriate compensation is paid. Negative externalities occur when such production and/or consumption impose external costs on third parties outside of the market for which no appropriate compensation is paid. Households consuming carbon-emitting energy can be considered to be a negative externality as it affects the rest of society and even a nearby country which is outside the ‘consumption market’. Many a time, the government will impose a tax on those who create negative externalities attempting to correct market failure. The graph shows negative externality of consumption, where MPB (marginal private benefit) is much higher than MSB (marginal social benefit).The consumption of pollution-emitting energy can be represented by the demand curve MSC (marginal social cost) in the diagram. This curve shows the spillover costs on society with each additional unit of consumption. Consumption is at Q1 and not at the optimal, Q* indicating over consumption leading to welfare loss to society. In order to correct this, ‘green taxes’ are being introduced in an effort to bring consumption to the optimal. This would however result in the optimal price to shift from P* to P2, which is relatively higher. Carbon emissions refer to the release of Carbon dioxide gas into the atmosphere when fossil fuels like gas, oil, or coal are burnt. In a natural carbon cycle, carbon dioxide is re-absorbed by plants and trees but currently, the burning rate is faster than the absorption rate. Global warming is the direct negative consequence and the government has to invest in new research technologies to avert further crises. In UK, there are a number of governmental environmental policies, like the Renewables Obligation and other ‘green levies’ which are used to fund low-carbon emission energy. According to the article, ‘Green taxes’ would rise threefold, from à ¯Ã‚ ¿Ã‚ ½5.7 billion in 2010 to à ¯Ã‚ ¿Ã‚ ½16.3 billion in 2020. In the coming years, as world population rises, so will energy consumption, carbon emissions and its negative effects; these taxes will follow suit. In the short run, the tax increases might not be very large and hence would not cause a great decrease in quantity demanded. In the long run however, as the taxes rise to a sizeable amount, then the deterrent action will ensue; consumers will now be discouraged from consuming carbon based energy and shift to alternative sources. However, In reality this is only partially true. The tax will be most effective on households with lower income, as this tax will cover a larger percentage of their income. The tax will not be as effective on wealthy households since it would be just a negligible amount in their budget and they will not think twice before spending on goods that cause negative externalities. Another disadvantage of such a ‘taxation’ method is achieving the right level of taxation so that private cost will exactly equate with the social cost. The government cannot accurately put a monetary value on the private benefits and cost of firms; in fact, a certain financial figure on the value of externalities such as the cost to natural habitat, long-term effects of ozone layer depletion or even that of the human life for that matter, is rather hard to arrive at. All in all, all that the government and other environmental agencies can hope to achieve is the correct direction of movement towards the optimum level of output. A more effective step the government could take is to impose a complete ban on certain forms of energy consumption that produce large quantities of emissions or issue marketable pollution permits. The latter case of Carbon emissions’ trading has been gaining momentum in many countries now and is a central feature in Kyoto Protocol and the European Union Carbon Emissions Trading Scheme which started in full in 2005. This new approach involved the issuance of limited volume of pollution rights which are sold to companies that pollute. The incentive is that if the company pollutes less, then they can sell their excess permits in the secondary market. As the number of permits being issued is carefully reduced year by year, total carbon emission can be curbed efficiently and simultaneously the path towards greener energy alternatives can be also be paved.