Tuesday, December 31, 2019

Analysis Of Alexander Pope s Frankenstein - 1097 Words

Throughout history, humans have been fascinated the inherent bond that exists between ourselves and Nature. During the eighteenth century, known also as â€Å"the Reformation† period, there was a push in European society towards science and reason being the epicenter of culture. During this time, Alexander Pope wrote the poem ‘Essay on Man’ which was intended to be an outline of perennial, universal truths. The emphasis was primarily on the nature of reason rather than Nature itself. After this time period came the Romantic period, lasting from 1785-1832. It was in 1818 that Mary Shelley wrote ‘Frankenstein’, also known as ‘The Modern Prometheus’, an imaginative tale about a monster created by man. The relationships between Nature and the characters are dynamic in that they change frequently. They appear, in many instances, to be a vehicle for expressing emotion. By examining and writing about the way humans interact with the Nature surro unding them, Pope and Shelley made it possible to analyze and highlight common relationships between humans and Nature during their lifetime; for Pope and his peers, it was more about reason and ___ (word for only coming to conclusions based on ur five senses), while during Shelley’s time period, people tended to have a more emotional relationship with Nature. Shelley utilized imagery, metaphor, simile, and personification relative to Nature, frequently paired with tone, in many scenes throughout Frankenstein. Whether it be to uplift or depress

Monday, December 23, 2019

Kate Bechdel s Fun Home Essay - 2365 Words

On the surface, Alison Bechdel’s Fun Home seems simply to be a memoir of her journey towards discovering her own identity, and in the process, uncovering her father’s. However, the novel is far more complex. The graphic novel is not linear in the least, and mimics memory as it moves backwards and forwards in time, or returns to specific situations repeatedly. This is layered with the numerous references to previous literary texts in an interesting manner; combined, it provides emotional and informative layers to the novel. Bechdel starts to especially question binaries and pushes the boundaries of what it means to be a female and male in a relatively patriarchal society with no middle ground around the rules; as the novel shows, this affects not only Bechdel’s own pursuit towards her identity but has a significant, and ultimately fatal, impact on her father, Bruce. In the following essay, I shall be exploring the representation of identity in Alison Bechdel’s Fun Home, mainly through a postcolonial feminist lens. My analysis will focus on Bruce and Alison’s interactions with each other and how Bechdel deconstructs the stereotypical ideals of gender roles and sexuality, via intertextual references. Feminist theory, though contrary to what the statement may suggest, is not simply one theory but consists of branches of various critical approaches that target specific aspects of literature in terms of the representation of female writers (and other artists) and the feminine

Sunday, December 15, 2019

Anabolic Steroids Use And Abuse Health And Social Care Essay Free Essays

Anabolic steroids are produced by synthesising the male sex endocrine testosterone ( shown supra ) . The right term for these compounds isA an anabolic-androgenic steroid ( AAS ) – † anabolic † intending muscle-building and â€Å" androgenic † significance increased male sexual features. Anabolic steroids were established in the late thirtiess chiefly to handle hypogonadism ( a status where the testicles do n’t do adequate testosterone for growing and development, and sexual operation ) . We will write a custom essay sample on Anabolic Steroids Use And Abuse Health And Social Care Essay or any similar topic only for you Order Now It was discovered that anabolic steroids could assist the skeletal musculus grow in research lab animate beings. This led the compounds being abused by muscle builders and weightlifters and so by jocks in an effort to heighten their public presentation and/or better their physical appearance.A It has become so widespread in sports that it affects the result of athleticss competitions due to it being prohibited e.g. Lance Armstrong. Illegal steroids are frequently sold at gyms, competitions, and through mail order operations after being smuggled into the state. Most illegal steroids in the United States are smuggled from states that do non necessitate a prescription for the purchase of steroids e.g. . Steroids are besides illicitly took from U.S. pharmaceuticss or synthesized in secret research labs. Other steroids that do n’t construct musculus are cortisol, oestrogen, and Lipo-Lutin. They are non anabolic, and hence do non hold the same harmful effects as testosterone.Syringes Doctors prescribe them to assist people with certain sorts of anemia ; steroid endocrine lack i.e. delayed pubescence, and illnesses that consequence in loss of thin musculus mass e.g. malignant neoplastic disease and AIDS. Doctors ne’er suggest anabolic steroids to immature, healthy people to assist them construct musculuss. Therefore without a prescription from a physician, anabolic steroids are illegal. There are many different anabolic-androgenic steroids. Most common 1s taken today: Andro, oxandrin, dianabol, winstrol, deca-durabolin, and balance. What Are the Common Street Names? Juice, gym confect, pumpers, stackers. What are the side effects? Steroid maltreatment can do many unwanted effects and can hold serious, possibly lasting, wellness jobs. In Work force: Baldness, acne Jaundice ( yellowing of tegument or eyes ) Fury, Aggressiveness Heart jobs – unnatural bosom beat ( due to utilize with water pills ) , high blood force per unit area, unstable keeping and/or bosom onslaught, Enlargement of the bosom ‘s left ventricle Development of chest tissue High Cholesterol degrees Permanent liver harm, liver tumors Infertility, increased libido Diabetess Shriveling of the testiss In Womans: Jaundice ( yellowing of tegument or eyes ) Facial hair, acne Heart jobs – unnatural bosom beat ( due to utilize with water pills ) , high blood force per unit area, unstable keeping and/or bosom onslaught, Enlargement of the bosom ‘s left ventricle Effectss on the unborn kid if taken during gestation High Cholesterol degrees Permanent liver harm, liver tumors Problems with periods Enlarged button Diabetess Excessive growing of organic structure hair Male-pattern phalacrosis Voice deepening. Other side effects may include: Musculoskeletal system: Short stature ( if taken by striplings ) Tendon rupture Cardiovascular system: Additions in LDL ; Decreases in HDL Liver: Cancer Purpura hepatis Skin: Oily scalp Infection: HIV/AIDS Hepatitis Most of the side effects usually halt – if drug use Michigans. Associated with many drugs are two effects known as: Tolerance – is a province of opposition to the effects of a drug. These means a individual must take more of the drug to accomplish its original consequence. Withdrawal – is the reaction of the organic structure when regular drug usage has stopped. Therefore people will go on to utilize the drug to forestall these symptoms. Steroid maltreatment can besides hold an consequence on behavior. Many users report experiencing good about them-selves while utilizing anabolic steroids, but research workers report that utmost temper swings besides can happen, including manic-like symptoms taking to force. This is because anabolic steroids act in a portion of the encephalon called the limbic system, which influences temper and is besides involved in larning and memory. Steroids can besides take to feelings of depression. Depression, can be life endangering, frequently is seen when the drugs are stopped and this may explicate why people continue to the them. Researchers besides report that users may endure from paranoia, green-eyed monster, utmost crossness, psychotic beliefs, and impaired judgement stemming from feelings of indomitability. Most informations on the long-run effects of anabolic steroids in worlds come from instance studies instead than proper scientific surveies. From these instance studies, nevertheless, the rate of life endangering effects appears to be low, but serious inauspicious effects may be under-recognized or under-reported, particularly since they may happen many old ages subsequently. Datas from carnal surveies seem to back up this possibility. One survey found that exposing male mice for fifth part of their lifetime to steroid doses comparable to those taken by human jocks caused a high frequence of early deceases. How to diminish side effects of anabolic steroids? The easiest manner to be safe is non to utilize them at all. But if utilizing them one should: Use low doses. Do n’t portion acerate leafs or panpipes with other people. Use a clean acerate leaf from an unopened bundle with every injection and do. sure the injection site is unfertile. Avoid utilizing water pills with anabolic steroids. Avoid utilizing other drugs to ‘treat ‘ side effects if they develop. Let your physician know that you are utilizing anabolic steroids and speak about it. Make sure you know precisely what tablets you are taking. If you are non certain what they are, so happen out before you take them. Besides make certain that any tablet you take has non been tampered with. Scientific surveies have shown that anabolic steroids better physical public presentation through the consequence of preparation and diet, which accompanies the usage of the drugs. How Are They Used? Some people who abuse steroids dad pills. Others use subcutaneous acerate leafs to shoot steroids straight into musculuss. Others can be provided in gels or picks that can be applied to the tegument. Doses taken by maltreaters can be 10 to 100 times higher than the doses used for medical conditions. How are anabolic steroids abused? Steroids are abused in forms called â€Å" cycling † . This means taking several doses of steroids over an exact period of clip, followed by a period of remainder ( no drug usage ) , so get downing once more. Users frequently combine legion different types of steroids. This is a procedure called â€Å" stacking. † Abusers typically â€Å" stack † the drugs, intending that they take two or more different anabolic steroids, blending unwritten and/or injectable types. Abusers think that the different steroids interact to bring forth an consequence on musculus size that is greater than the effects of each drug separately. Another manner abusing is known as â€Å" pyramiding. † This is a procedure in which users increase the figure of steroids/the dosage and frequence of one or more steroids used at one clip, making a extremum sum at mid-cycle and so diminishing the dosage toward the terminal of the rhythm. Often, maltreaters pyramid their doses in rhythms of 6 to 12 hebdomads. This is sometimes followed by a 2nd rhythm in which the individual continues to develop but without drugs. Abusers believe that pyramiding allows the organic structure clip to set to the high doses, and the drug-free rhythm allows the organic structure ‘s hormonal system clip to retrieve. No scientific grounds is available for any of the three methods reference above, so the benefits of them are unknown. Why do people mistreat anabolic steroids? There are several grounds why immature people begin utilizing drugs i.e. because of friends/peer force per unit area. Often, immature people believe that decease or other terrible costs of drug usage will non impact them. Adults may hold same grounds as immature people. Equally good as emphasis of life, occupation, and household force per unit areas may take grownups to utilize drugs alleviation and/or assist them loosen up. Peoples besides may utilize drugs for a rush of energy. Others may utilize drugs out of wonder, for a bang, or to arise. Regardless of why drug usage begins, many people continue the utilizing them because they become dependent on the drug. One of the chief grounds for mistreating steroids is to progress athletic public presentation. Harmonizing to studies, merely 6 % of jocks ‘ maltreatment steroids, but subjective information suggests that steroid maltreatment is more widespread. Although proving processs are now in topographic point to discourage steroid maltreatment among professional and Olympic jocks, new interior decorator drugs invariably become available that can get away sensing and set jocks willing to rip off one measure in front of proving attempts. This action to darnel, nevertheless, may be about to switch if the economy of urine and blood samples for retesting at a hereafter day of the month becomes the criterion. The high chance of eventual sensing of the newer interior decorator steroids, one time the engineering becomes available, plus the fright of backdated blessings, should give jocks a better ground non to utilize them. Another ground for taking steroids is to increase musculus size or to cut down organic structure fat. This includes people enduring from the behavioral syndrome called musculus dysmorphia, which causes them to hold a deformed image of their organic structures. Work force with musculus dysmorphia think that they look little and weak, even if they are big and muscular. Similarly, adult females with this status think that they look fat and flabby, even though they are really thin and muscular. Some people who abuse steroids to hike musculus size have experienced physical or sexual maltreatment. In one series of interviews with male weightlifters, 25 % who abused steroids reported memories of childhood physical or sexual maltreatment. Similarly, female weightlifters who had been raped were found to be twice every bit likely to describe usage of anabolic steroids, compared with those who had non been raped. Furthermore, about all of those who had been raped reported that they markedly increased their anaerobic exercise activities after the onslaught. They believed that being bigger and stronger would deter farther onslaughts because work forces would happen them either intimidating or unattractive. Treatment of drug maltreatment: Some physicians use medicine to handle drug dependance. Such medicine alleviations hungering or barricade the consequence of habit-forming drugs. Methadone is normally used as it has similar effects to opiates. Examples of anabolic steroid maltreatment: The United States Anti-Doping Agency ( USADA ) has accused multiple Tour de France title-holder Lance Armstrong of utilizing anabolic steroids, human growing endocrine ( HGH ) , banned corticoids and saline, and plasma injections to dissemble the usage of erythropoietin ( EPO ) . USADA charged him with six offenses covering the usage of prohibited substances, the trafficking of drugs, the disposal of drugs to team-mates and helping and abetting a monolithic cover-up between 1998 and 2005. A sum of 26 informants including 11 fellow riders from the United States Postal Service squad testified to USADA against Armstrong in the doping instance. Sylvester Stallone has used HGH and testosterone to bulk up for his functions in Rocky and Rambo. The Rock has used Testosterone Cypionate 850MG, Tren Enth 500MG, Dianabol 50MG, 600MG Deca, and 60MG Anavar during his WWE calling. Decision: To reason anabolic steroids are utile to handle medicative conditions e.g. low testosterone degrees, but due to the musculus edifice belongingss they are being abused by jocks. How to cite Anabolic Steroids Use And Abuse Health And Social Care Essay, Essay examples

Saturday, December 7, 2019

Heroes And BEOWULF Essay Research Paper Websters free essay sample

Heros And BEOWULF Essay, Research Paper Webster? s dictionary defines a hero as one greatly regarded for his accomplishments or qualities. This is merely a unsmooth definition, and applies merely slightly to Beowulf. A hero is normally the chief character ; he is, harmonizing to Mr. Renn, a adult male who fights for the right grounds, normally confident and possessed of superhuman abilities, at least as it applies to Beowulf? s clip period. Less common in that period in clip is the thought of hubris, a fatal failing on the portion of every hero. Beowulf exhibits all of these features throughout the drama. Beowulf battles for the right grounds at the beginning, or at least the right grounds as 6th century Norse warriors would? ve reckoned the term. He defeats Grendel for several good grounds, but chiefly to refund a debt of award owed to Hrothgar because of his father Ecgtheow. The text brings up in lines 406-407? So you have come here, because of past favours, to contend on our behalf! # 8230 ; ? and continues into the subdivision left out of the Holland interlingual rendition. He so proceeded to kill Grendel? s Dam in retribution for the decease of Aeschere. In this, he acts as a title-holder for a friend of his new kinsman, Hrothgar. This is somewhat less honest, yet plenty so that he wins ; after all, Grendel? s Dam was merely revenging her boy, as stated in lines 975-976: ? mournful and famished, she resolved to travel on a dangerous journey to revenge her boy? s decease. ? In the concluding conflict, he is still contending for largely the right grounds: gold for his people, as depicted in lines 1916-1920: ? With these words, I thank the King of Glory, the Eternal Lord, the Ruler, for all these hoarded wealths here before me, that I have been able to derive them for the Geats, ? and a sense of fate, that it w as the? fated hour. ? His wages for this conflict was an honest decease in conflict, and, in kernel, immortality. He is besides supremely confident throughout the text, from the really first clip he meets Hrothgar, where he declared? And now, I shall oppress the elephantine Grendel in individual combat? ( lines 375-376 ) , to the concluding conflict with the firedrake, where he announced? I will battle once more, the old defender of my people, and accomplish a mighty feat if the immorality firedrake darings confront me, dares come out of it? s earth-cave! ? ( lines 1725-1728 ) . In any other state of affairs, with any other adult male, this would? ve been self-importance, surrounding on pure insanity, but since it? s a hero, this is normal assurance ; he does, after all, have the ability to endorse up his self-praises and menaces. This leads me to my following point ; Beowulf is exceptionally powerful. It is related in by Hrothgar that? in the appreciation of his manus that adult male renowned in conflict has the might of 30 men. ? ( lines 333-335 ) . He has exceeding abilities, merely as every authoritative hero throughout mythology. Finally, there is the thought of hubris, or a fatal defect ; in this instance, it is his pride. Hrothgar recognized this early in the drama and warned Beowulf of it in lines 1386-1429. Part of this address is exceptionally of import: ? He suffers no reverses until the seed of haughtiness is seeded and grows within him, while still the watchman sleeps ; how profoundly the psyche? s guardian slumbers when a adult male is enmeshed in affairs of this universe? ( lines 1399-1403 ) and? Arm yourself, beloved Beowulf, best of work forces, against such morbid thought ; ever get down pride. ? This is portion of the pedagogical portion of this myth, but many see it as a prefiguration of Beowulf? s decease, and see pride as one of the grounds that Beowulf battled the firedrake.

Friday, November 29, 2019

Twelfth Night Essays (556 words) - Cross-dressing In Literature

Twelfth Night The complex plot - full of mistaken identities, misdirected passions, high comedy, low tricks, and unexpected poignancy - begins as a ship, carrying the identical twins Viola and Sebastian is wrecked off the coast of a fictional country, Illyria. Viola is washed ashore on this alien coast and becomes convinced that her beloved brother is dead. She learns that she is near the home of Olivia, a young countess who is also in mourning, for her recently dead father and brother. Accordingly, Olivia has sworn to have no contact with men for seven years, and in particular she is rejecting the amorous advances of the young Duke Orsino Desperate to know how to survive, and to keep the spirit of her twin brother alive, Viola decides to disguise herself as a boy. She transforms herself into Cesario, enters into the service of Orsino and is soon sent to woo Olivia on the Duke's behalf. Olivia remains unmoved by Orsino's attentions but finds herself instead attracted to young Cesario, who in turn begins to fall in love with Orsino. As Viola says, My master loves her dearly; And I, poor monster, fond as much on him. And she, mistaken, seems to dote on me. When Viola's twin Sebastian suddenly emerges, alive and well, this triangle is complicated almost to a breaking point. While Orsino, Viola, Olivia, and Sebastian are preoccupied with their romantic destinies, Olivia's household is equally occupied with a power struggle between the ill-tempered, repressive steward, Malvolio, and her boisterous and bibulous uncle, Sir Toby Belch, accompanied by his vacuous, misfit friend, Sir Andrew Aguecheek, and Olivia's maid, Maria. For his own financial ends, Sir Toby encourages Sir Andrew to woo Olivia, while plotting Malvolio's humiliation. Throughout, Feste, the most enigmatic of entertainers, comes and goes between the two households, sparing no one he meets his barbed insights and his wit. Written in 1600 or 1601, this play is Shakespeare's last romantic comedy. The comedies which followare much darker. Twelfth Night embodies many of the themes from his earlier comedies. For instance, he employed the device of having a woman fall in love with another woman disguised as a man. In some ways, Twelfth Night can be termed Shakespeare's apology to Phebe. Whereas Rosalind dominates As You Like it, we have many centers of interest in Twelfth Night. Orsino continues the theme of overly idealistic love we have seen in Orlando. The setting has a different feeling from Merchant of Venice and As You Like It--two plays in which Shakespeare clearly contrasts the world of reality with some more tranquil environment. Instead (rather like the single setting of Much Ado About Nothing), we see in Twelfth Night the twin centers of power--the estate of Orsino and the estate of Olivia. Illyria itself is a very different place from the Forest of Arden, and before the play began, Antonio has been in battle against the forces of Orsino. The interpretation of Malvolio will be crucial to your overall response to the play. I would observe that his appearance cross-gartered with yellow stockings almost inevitably delights audiences. But how much sympathy do you give to Malvolio? Unlike Jaques and Duke Frederick, he is an unwilling scapegoat. I propose that the older the actor playing Malvolio, the more seriously and tragically the audience will take him. One must also consider the similarities and differences between two other sorts of characters from As You Like It: Viola vs. Rosalind and Feste vs. Touchstone. English Essays

Monday, November 25, 2019

Base Form of a Verb Definition and Examples

Base Form of a Verb Definition and Examples In English grammar, the base form of a verb is its simplest form. It exists without a special ending or suffix. Its the form that appears in dictionary entries. lt is also known as the  plain form, simple form, or stem. The base form of a verb functions as the present tense form for  the first- and second-person singular (e.g., I walk, You walk), and the first-, second-, and third-person plural (We walk, You walk, They walk). Said another way, the base form serves as the present tense form for all persons and numbers except the third-person singular,  which has the -s  ending (He walks, She walks, It walks).  Additional verbs can be created with prefixes added to the base verb, for example, overthrow  or undo. The base form also functions as the infinitive (with or without to) and as the present subjunctive  for all persons including the third-person singular. In addition, the base form is used for the imperative mood.   Examples of a Simple Verb Here are some examples of a simple verb, in different contexts: Present Tense Present tense is for action happening now. When I ring the bell, you leave the room.Men live in a fantasy world. I know this because I am one, and I actually receive my mail there. (Scott Adams) Infinitive An infinitive verb is used with to as part of a verb phrase.   I want to see the stars.Its always easier to learn something than to use what youve learned. (Chaim Potok, The Promise, 1967) Present Subjunctive Using the subjunctive tense indicates that the outcome isnt definite. The music teacher insists that John sing.The tour guide recommends that we travel in pairs. In the first example, although the teacher might insist, John might refuse to sing. In the second, some people could disregard the recommendation and go off on their own. Imperative The imperative is a command, with the subject implied as being you (second person). Take my car and drive yourself home.Go to the edge of the cliff and jump off. Build your own wings on the way down. (Ray Bradbury) A Building Block Verb The simple regular verb is used to build other verb forms by using suffixes. (Irregular verbs are beyond the scope of this article.) For example: Simple Past Tense Simple past tense is for action thats completed.   I walked to the store for some bread. Past Perfect Past perfect denotes action that took place before the most recent past action. I had eaten there last year on vacation, but on this years trip, we chose another place nearby.I had walked home after practice yesterday. Continuous, or Progressive, Tenses, and Gerunds Present continuous action is happening now and hasnt finished yet. The simple verb form takes on an -ing and becomes a participle.   I am walking home from school after practice. The participle can also be used for other tenses, such as future continuous.   I will be walking home from school later.   Past continuous shows something continued happening in the past. Contrast it with an action that happened and was then completed: We were walking home when a Stan drove by in his truck.   An -ing form used as a noun is a gerund. Walking is good exercise.

Friday, November 22, 2019

Apple Inc. Increasing Corporate Market Share Research Paper

Apple Inc. Increasing Corporate Market Share - Research Paper Example This is due to the increasing market competition of its business rivals. Within the global mobile market, Apple has only 1% market share while its computer market enjoys a 5% market share (Cusumano 23). Additionally, the company’s TV features are relatively unpopular. This paper presents a report of an analytical analysis of Apple Inc. with a view of illustrating how the company would achieve a greater corporate market share for its PC and non-PC products and services. The scope of the report will include analysis of the needs of the company’s customers, strategies through which the company will increase corporate market share and its competitiveness. Both Qualitative and Quantitative research methodologies are applied in collection of quantifiable and qualitative data for analysis and interpretation. The collection of data employs secondary research design in which findings for the company investigation are obtained from credible secondary information sources such as p eer reviewed journal articles, online databases and books. Data Analysis and Discussion The needs of Apple Inc.’s customers are quality of products and services. The company’s PC systems are expected to be of superior quality which includes creative and innovative design of hardware architecture and software platforms. Apple Inc. is faced with a challenge of maintaining its core success factors and competencies which include innovativeness, creativity, marketing, brand management and building relationships within the organization and with its customers (Casacchia 59). This scenario illustrates that the needs of the company’s customers are not being met effectively. Furthermore, the needs of the company’s customers include affordable prices for its OC and non-PC products. It has been revealed that Apple Inc. is experiencing difficulty in overcoming business rivals who provide low-priced products to the mobile and computer markets (Fontevecchia 6). The mobi le products from Google for example are posing a threat to the company’s success due to the low prices that the business rival provides for the customers. Additionally, the computer market is characterized by competitive prices from Dell and Microsoft both for hardware and software (Gelles, Chris and Richard 15). These findings demonstrate that Apple Inc. is faced with a challenge of satisfying the product and service cost effectiveness that its customers require. The strategies which Apple Inc. has employed in order to increase the market share for its products include marketing, strategic alliances, customer relations, creativity and innovativeness, provision of variety of products and services and the iPod platform. Within the digital music market, Apple’s iPod has enjoyed 70% of the market share as opposed to its closest competitor which has only 8% of the market share. Nonetheless, the company’s strategy for providing variety of products to its consumers ha s been faced by threats of new entrants to the market and substitutes for its computer and mobile products (Seitz 1). These threats have reduced the value that the customers have for the company. Additionally, the company’s customer base is increasingly becoming more diverse (Mallin and Finkle 52). New entrants in the market have also implemented new strategies and strengths in marketing which are posing new threats to the company’

Wednesday, November 20, 2019

Summary and Personal Opinion on Peter Lynch and John Rothchild Learn Essay

Summary and Personal Opinion on Peter Lynch and John Rothchild Learn to Earn - Essay Example economics, mathematics and literature, but are not taught the roles that innovations and companies have played. "Every school child learns (only about) how the pilgrims risked their lives to find religious freedomin a tiny ship The Mayflower" (page 25) Following the 'Preface' and the 'Introduction' are the main chapters. Chapter One traces the history of capitalism. "For much of human history capitalism was an alien concept, for the bulk of the world's population never got their hands on money" (pg 21). We find how stocks got started in Europe centuries ago. We also learn how, more than a hundred years ago, Europeans invested in the then emerging market: The United States. "While optimists paid higher and higher prices for the shares of the Dutch East India Companypessimists bet against the stock through a clever maneuver called shorting". The optimists proved right and made unimaginable profits. Alexander Hamilton, father of the financial system, realized that the country couldn't get along without money, and to have money, it needed banks. Adam Smith understood the basics of how a free market works. Whenever there's a demand for a new product, competitiveness enters the scene. This competition is very good for all consumers, bec ause it forces the product makers to improve their product and cut prices. Without competition, complacency would set in. History of capitalism also speaks about the American economy which alternately moves from ecstasy to panic and back again. "In the euphoric periods, when prices were rising and jobs were plentiful, speculators would spend their last paycheck, hock their jewelry, go into debt, do anything to buy stocks, or bonds, or land, and get in on the action. Then, in the panics, collapses, and depressions, the speculators got their come uppance and people sobered up". We have seen many such stock market crashes in the great depression of 1853 and again in 1857, 1929, 1973, 1981 and 1987. One interesting description here is about what Lynch terms the robber barons. The robber barons were not robbers or lawbreakers in the traditional sense. They were high-end speculators, who struggled, connived, and strong-armed their way to the top of American industry. When you are an owner of a company, you only make money if the company succeeds. This is the risk of buying stocks: The Company you own may turn out to be worthless. It is for tacking this risk that people are rewarded so handsomely if they pick the right companies to invest in. This is also the most humorous chapter in the bookAfter an elaborate first chapter, Chapter Two covers the basics of investing. The discussion here is mostly intended for people who can invest money for a long time. The basic points here are that you should start invest early, and that stocks are the best performers among various investment options. Lynch proves how investors and corporations are true heroes of our great American Republic. Chapter Three outlines the lives of a company. It helps the investor to begin to think like the owner of a company. Chapter Four tells the stories of many companies which he calls the invisible hands. The Invisible Hand keeps the supply and demand of everything from bubblegum to bowling

Monday, November 18, 2019

Development of human resources in small business Research Paper

Development of human resources in small business - Research Paper Example the paper, it is going to have the following structure: introduction, theoretical concepts of human resource management, analysis of recruitment process, background information about small business, analysis of the situation with human resource management in small business, conclusions, and recommendations. HRM is the organizational function that deals with issues related to people such as compensation, hiring,  performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training. (â€Å"HRM Definition†). However, it is the whole concept that consists of various different processes. For example, one can mention looking for potential employees, education of students, continuous training, and education of own employees, etc. It has been already much said about the importance of this process. That is why any company should build an effective strategy of human resource management. Among the most important process of human resource management the following ones may be pointed out: recruitment, education, performance management, promotion, etc. Recruitment is probably one of the most important processes. Recruitment process consists of internal and external recruitments. Simply speaking, internal recruitment is the process of evaluation and hiring own employees of a company to occupy new positions in a company. Usually, this process is associated with promotion of employees. Simply speaking, external recruitment is the process of hiring people who are not the current employees of a company. Usually, these processes are toughly related and used together in the process of recruitment by a company. It should also be mentioned about recruitment methods and strategies. There are many recruitments strategies, methods, and instruments. A company uses those ones that are the most appropriate foot it in a given circumstances. Some of them are more expensive, some of them are less. Some of them require

Saturday, November 16, 2019

Why China has grown faster then India

Why China has grown faster then India Introduction: Comparative studies between China and India are becoming more popular now in the international level. China and India are among the largest economies in the world today. While the Chinese economy has surpass India by a wide margin over the past 15 years. I am comparing the growth experiences of China and India at a broad level, explaining why China has grown faster than India by focusing on the comparison of GDP, Exchange rates policies, Monetary and Fiscal policies, and Unemployment in India and China. In this study will analyze why per capita national income is so much higher in China than in India? And why Chinas GDP is growing so much faster? And why unemployment remains high in both the countries and how the Governments addressing the Unemployment factors? Why GDP per capita national income is so much higher in China than in India? In 1978, after years of state controlled productive assets, the Chinese government invests on a major economic reform program. In an effort to awaken economic giant, it encouraged the formation of rural enterprises, private businesses, liberalized foreign trade and investment. China also relaxed state control over some prices, invested in industrial production and stressed on education of its workforce. The growth in the country is accumulated capital assets, such as new factories, manufacturing machinery and communications systems. Economic development has suggested a significant role for capital investment in economic growth, and a sizable portion of Chinas recent growth is in fact attributable to capital investment that has made the country more productive. In other words, new machinery, better technology and more investment in infrastructure have helped to increase its output. Being hospitable to foreign investment, Chinas open-door policy has added power to the economic transformation. Cumulative foreign direct investment, negligible before 1978, reached nearly US$100 billion in 1994. Annual inflows increased from less than 1% of total fixed investment in 1979 to 18% in 1994. The foreign money helped China built factories, creates more jobs, linked China to international markets and led to important transfers of technology. These trends are especially apparent in the more than one dozen open coastal areas where foreign investors enjoy tax advantages. In addition, economic liberalization has boosted exports which rise 19% a year during 1981-1994. Strong export growth, in turn, appears to have fueled productivity growth in domestic industries. (Zuliu Hu, Mohin S.Khan, 1997) GDP Per Capita (Current US$) 2005 2006 2007 2008 2009 China 1,731 2,072 2,660 3,422 3,744 India 765 855 1,096 1,065 1,134 (Adapted from The World Bank Group, 2010) Why Chinas GDP is growing so much faster? GDP: Comparative Analysis between China and India As per IMF (International Monetary Fund) report, China was the fourth largest economy of the world by nominal GDP in 2006, where as India was 12th. China registered GDP growth rate of 14.2% in the first half of 2007, where as India has registered a 9.6% GDP growth in June 2007. Chinese economy is worth $4900 billion, whereas the India economy is worth of $1300 billion. GDP Growth (Annual %) 2005 2006 2007 2008 2009 China 11.3 12.7 14.2 9.6 9.1 India 9.3 10.1 9.6 5.1 7.7 (Adapted from The World Bank Group, 2010) GDP (Current US$) 2006 2007 2008 2009 China 2,716,870,000,000 3,505,530,000,000 4,532,790,000,000 4,984,730,000,000 India 949,192,000,000 1,232,820,000,000 1,214,210,000,000 1,310,170,000,000 (Adapted from The World Bank Group, 2010) Chinas economy seems to be a better bet, for unlike China; India is yet to prove that it can sustain high growth rates over a period of time. The general feeling is that despite having a boom in technology, services and IT sector, the Indian economy still eventually depends on good monsoons, meaning that agriculture continues to dominate the Indian economy more than it should. (Arvinder Singh, May/June 2005) Foreign Direct Investment, Net Inflows (BoP, Current US$) The FDI flow depends on the market size, market growth rates, political stability, corruption, exchange rates, labor productivity, economic freedom, infrastructure, openness, human capital and taxes. China got $79 billion in 2005 in FDI and India did not even get $ 7 billion in FDI. In 2009 there is slight change in Chinas FDI of about $78 billion dollars but India made a good progress of raising $34 billion in FDI compared to year 2005. The study tried to explore this phenomenon and to understand the drivers for attracting foreign investment in emerging economies. India despite being the largest democracy in the world has lagged behind due to its focus on services and specialized skill based relatively small manufacturing model in contrast to China. India growth model has been based on IT, ITES and skilled manufacturing which are dependent on the availability of human skill and capital in an emerging market. (Swapna S Sinha, Apr-Sep 2008) FDI, Net inflows (BoP, Current US$) 2005 2006 2007 2008 2009 China 79,126,731,413 78,094,665,751 138,413,000,000 147,791,000,000 78,192,727,413 India 7,606,425,242 20,335,947,448 25,127,155,852 41,168,605,242 34,577,000,000 (Adapted from The World Bank Group, 2010) China is regularly getting 10 to 12 times more foreign investment than India. In India the number have come up, they will probably come up more. I believe China has a more competitive manufacturing sector than India and that is derived primarily from Chinas greater degree of openness than India. That does not mean that India does not have many world class manufacturing companies, it certainly does, but on an average the competitive environment in China is much stronger because its tariff being much lower. (Wanda Tseng, 2006) Trade in Goods (Imports, Exports and Trade Balance) in China India: Trade with China Month Exports Imports Balance January 2010 6,888.8 25,185.1 -18,296.3 February 2010 6,855.1 23,363.8 -16,508.8 March 2010 7,403.6 24,300.2 -16,896.6 April 2010 6,591.2 25,905.7 -19,314.5 May 2010 6,752.7 29,036.8 -22,284.1 June 2010 6,715.0 32,866.5 -26,151.5 July 2010 7,344.7 33,260.0 -25,915.3 August 2010 7,253.5 35,288.5 -28,035.0 Total 55,804.6 229,206.7 -173,402.1 Note: All figures are in millions of US dollars on a nominal basis, not seasonally adjusted unless otherwise specified. (Adapted from U.S. Census Bureau, 2010) Trade with India Month Exports Imports Balance January 2010 1,295.5 2,079.4 -783.9 February 2010 1,235.2 1,958.1 -722.9 March 2010 1,454.8 2,472.4 -1,017.6 April 2010 1,671.2 2,650.0 -978.8 May 2010 1,852.9 2,672.6 -819.7 June 2010 1,690.6 2,532.6 -841.9 July 2010 1,800.2 2,591.4 -791.2 August 2010 1,716.8 2,773.5 -1056.7 Total 12,717.1 19,729.9 -7012.7 Note: All figures are in millions of US dollars on a nominal basis, not seasonally adjusted unless otherwise specified. (Adapted from U.S. Census Bureau, 2010) ? Exchange Rate Policies in two countries: China policy The debate over the exchange rate between the Renminbi (RMB) and the Dollar is usually framed in terms of global imbalances, excessive US consumption beyond its savings on the one hand, and excessive Chinese production and savings beyond its own spending on the other. This quickly leads to a conclusion that the United States should export and save more and China should import and spend more. Leaders in the United States would like the RMB to appreciate significantly and quickly to encourage an expansion of US exports and employment. The argument for a sustained appreciation of the RMB is rooted not only in short term concerns about Chinas large current account surplus, but also in long term trends of Chinas economic fundamentals, including high growth rate, rapid urbanization and industrialization, low national debt and low fiscal deficits. These trends are the result of three decades of reform in China that have opened the country to trade with the rest of the world and led to strong productivity gains. Based on the experience of other fast growing industrializing economies, these forces will increase Chinese wages, the value of the RMB and Chinas price level over time. (Steven Dunaway, 2010) (Geng Xiao, 2010) Indian Policy With the appreciation of the rupee/dollar exchange rate in early May and the expectation of interest rate hike, there was some appreciation of the rupee and that could hurt exports. In particular, it would hurt the low value added exports from small and medium enterprises. The recent recovery in exports happens to be the biggest factor for a sharp rise in industrial output growth; this imminent rate hike was opposed. There were calls for the Reserve Bank of India to intervene in the forex market to contain the strength of the rupee largely to support the export sector recovery. There were even suggestions to continue the export incentives that were part of the overall stimulus packages of 2009. These suggestions are based on the assumption that in India, a weak rupee would encourage exports and thus, help the overall growth recovery. Many economists have argued for intervention in the forex market, and some Asian economies, notable China maintain artificially undervalued exchange rates to maintain international competitiveness. (N R Bhanumurthy, 2010) Monetary and Fiscal Policies in two countries: Indian Monetary Policy The Reserve bank continues its tightening cycle as inflation pressures are building, by raising reserve requirements and its main interest rates since the beginning of the year. Indian Fiscal Policy The budget for the 2010-11 fiscal year projects improvements for the deficit after the fiscal stimulus of last year and the large one off expenditures of the year before. As a share of GDP, the deficit is expected to reach 7.8% of GDP from 9.6% last year and 11.8% in 2008-09. The improvement will come from a combination of weaker expenditure growth from reduced subsidies and greater revenues from the acceleration of economic growth. The reversal of indirect tax cuts that were part of the fiscal stimulus package, the expansion of the tax base and the revival of the privatization program, as well as the one time sale of G3 licenses, which generated over US$ 15 billion. Solvency indicators will improve again, but are expected to remain above comfortable levels, with public debt to GDP reaching 68% by 2014-15. (Export Development Canada, 2010) Unemployment in China India and Remedial Measures by the Government: Causes of Unemployment in China This country has largest population in the world. The work force available is too large. Every year new generation is added to the already available work force. It is very difficult for any government to find jobs for millions of young people entering in the job market. In 2004 the estimation was that 15 million young people will enter the job market and only about 8 million jobs were expected to be created in that year. The other major reason behind the unemployment is the type of jobs offered. There is lack of jobs for the graduates and literate young people. I feel that the ever increasing population and lack of the English speaking workforce are the two major causes of unemployment in China. Causes of Unemployment in India There are individual factors like age, slow pace of development, high growth rate of population, slow industrialization, slow growth rate of agriculture etc. Every year Indian population increases manifold. More than this every year about 5 million people become eligible for securing jobs. Self employment field is subject to ups and downs of trade cycle and globalization. Technological advancement contributes to economic development, but unplanned and uncontrolled growth of technology is causing havoc on job opportunities. The Chinese government is addressing the unemployment issues by promoting growth of tertiary industries, by increasing financial support and implementing favorable policy for non state sector especially small medium companies in private sector. It is also readjusting the employment concept and is preparing laborers with practical job training and education. Conclusion: The main reason why Chinas GDP is higher than Indias is that the growth of China has resulted from the rapid rise in the manufacturing of high-tech goods in the country under the large scale high tech manufacturing firms like Lenovo, Baidu.com and Huawei Technologies. The infrastructural development in China has also been quite high than that of India, which has added to growth of the Chinese GDP. China spends 11% of GDP on infrastructure and India spends 6% of GDP on infrastructure. (Geethanjali Nataraj, 2010)

Wednesday, November 13, 2019

Literature and Virtue in Sidneys Apology for Poetry Essay -- Apology

Literature and Virtue in Sidney's "Apology for Poetry"      Ã‚  Ã‚   In "An Apology for Poetry" Sir Philip Sidney attempts to reassert the fundamental importance of literature to society in general as well as to other creative and intellectual endeavors. Though Sidney's work does provide a synthesis (and in some cases an aberration) of much Greek and Roman literary theory, his argument aspires to go beyond an esoteric academic debate. Literature can "teach and delight" in a manner which other methods of communication do not possess (138). The moral/ethical impact any literary text has upon a reader is of paramount importance to Sidney. The argument Sidney presents and develops is built around the assumption that literature has the capacity to teach most effectively and to demonstrate virtue. Perhaps in better understanding how Sidney specifically supports this claim, we can better assess its strength or validity.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Sidney places literature in an hierarchical relationship with all other forms of learning; literature inhabits the highest and most influential tier. Literature is "the first light-giver to ignorance", and from it all other sources of knowledge have been nurtured (135). As the first use of language beyond the completely utilitarian, literature stretches and expands language to accommodate broader and more conceptual inquiries. Though an ardent admirer of Platonic philosophy, Sydney, in order to serve his intellectual exercise, rewrites or rehabilitates Plato's harsh stance on the worthlessness of literature. Unlike Plato's poet who perpetuates images far removed from the Truth, Sidney's poet can dip into the world of Forms, the Ideal, and provide us with knowledge of virtue. While the tangible world of... ...ry" (150).      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Sidney's responses have become the mainstay of the supporters of a liberal arts education. Unfortunately, literature has become sanctified to the extent that knowledge of literature has become practically synonymous with virtuous action. Such modern interpretations of Sidney's defense of literature seem to strike against the very heart of his argument. Sidney seems to understand all too well that human beings house both virtuous and vicious impulses; it is within our power to infuse our creations with both the sinister and the sublime. Because this is true of any human invention, Sidney counsels that the potential of literature for good or ill should not be easily discounted or dismissed.    Works Cited Sidney, Philip. "An Apology for Poetry" The Critical Tradition. Ed., David H. Richter, New York: St. Martin's Press, 1989.

Monday, November 11, 2019

Mass media

How have the mass media affected human life? The role of mass media in the civilized society is still provoking much controversy. Some individuals claim that mass media converts the world into a better place to live in, others, in the meantime, argue that it brings us nothing but trouble. From my perspective, mass media is widely acknowledged for its merits regarding entertainment and information purposes. In the first place, mass media is considered a source of entertainment.To the present day, television and the Internet offer a surprisingly broad variety of ecreational forms such as films, music, games, comics and so on. This wide range, coupled with the blossom of multi-channel technology, facilitates viewers's relaxation after a hard-working day. Such is the popularity of mass media that hardly any day goes by without tens of thousands of users turning to it for entertainment. In addition, mass media functions as a means of Information.It contains a truly large amount of informa tion of all types: from economic, political to environmental news, which assists onlookers or subscribers in keeping up with the current affairs In the world. For example, It Is mass media that helps broadcast the Fukushima's nuclear explosion all over the world, hence enabling us to be Informed of the catastrophe within seconds. But for the information purpose of mass media, human beings would have been kept In the dark about the outside world.Those holding the reverse view argue that mass media does more harm than good for utilizers. Overexposure to televisions, computers or even newspapers can lead to eye disorders, headache, backache, so on. Should their heath suffer, how can they live normally, let alone comfortably? Nevertheless, the majority of victims are seen In sers of young age whose awareness of the bad effects of the mass media has not been fully developed. As long as they are educated, the Impact of mass media will not be so Intense. On balance, mass media Is one of th e focuses of todays concern.Although It possesses some drawbacks, It Is my strong belief that mass media play such an Indispensable part In human lives that hardly anyone can Imagine a world without Its appearance. In addition, mass media functions as a means of information. It contains a truly news, which assists onlookers or subscribers in keeping up with the current affairs in the world. For example, it is mass media that helps broadcast the Fukushima's nuclear explosion all over the world, hence enabling us to be informed of the beings would have been kept in the dark about the outside world. ive normally, let alone comfortably? Nevertheless, the majority of victims are seen in been fully developed. As long as they are educated, the impact of mass media will not be so intense. On balance, mass media is one of the focuses of todays concern. Although it possesses some drawbacks, it is my strong belief that mass media play such an indispensable part in human lives that hardly anyon e can imagine a world without its Mass media The twosome flow theory gave 4 | Page way to the multiples flow theory of mass communication or diffusion of innovation theory. Katz, Lieu (1973). The twosome flow of communication: an update report of an hypothesis. In Anis and Cox(des. ), Marketing Classics, Pl 751 93. Conceptual Framework In this framework, the source will be the local TV networks because they are the one who will dub the foreign cartoons. The message will be promotion of nationalism and patriotism to Filipino children who often watch Digitized cartoons.The mass media is the airing of Digitized cartoons. The opinion leaders 5 | page will be the parents of the children who often watch Digitized cartoons. They are the opinion leaders because the researchers will interview arenas from Magmata, Manila and Guenon City to know their opinion about Digitized cartoons and their opinion about it promoting nationalism or just to help children to understand the show better because it's dubbed t our national language. Lastly t he children are the public because they are the target audience of the local TV networks.Sass motion The reason why the local TV networks continue to air Digitized cartoons, is for Filipino children to understand the show better, because if the cartoons were in English, the people who use it as a second language far Outnumber those w ho speak it as a first language. It doesn't promote nationalism because its setting is from western and Asian countries. The shows are Digitized because they only want to help children that are not yet familiar or incapable of speaking English h to understand the shows better.Many parents discourage their children to watch h Digitized cartoons because it doesn't help them to enhance their English proficiency which is important nowadays because it's the universal language. Depend will not consider this as a promotion for nationalism because Of its stet inning. Significance of the Study The researcher's aim is to know the reasons why local networks intent ion to Digitize cartoons and do they really want to promote nationalism by 6 | page dubbing foreign cartoons in Filipino language and to know the advantages and disadvantages of watching Digitized cartoons.The significance of this study to local TV networks is to know their reason of airing Digitized cartoons, to parents, it's significance is to understand the TV networks' reason Of airing Digitized cartoons and does it really help their children to understand the show better, as per the children, it's significance is to know the lessons or will they benefit if they watch Digitized cartoons. This duty will help the viewers to understand why they should or shouldn't encourage their children to watch Digitized foreign cartoons.If they really want to promote nationalism, they should make a Toga sitcom or TV shows for children like Abbott, Sinkable and Heartwarming. Scope and Limitation The people that are involved in this study are the local TV networks like GAMMA, ABACAS and TV that a ir Digitized cartoons, Depend and the parents of the children who often watch Digitized foreign cartoons, the parents and children that the researchers will interview are coming from Magmata City, Patters, Tagging 7 | page ND Guenon City. In two months the researchers will be able to gather all the data that are needed in this study.Although this research is carefully prepared, there will be some unavoidable limitations like the limited availability of the local network and Depend representatives, weather and the location where the researchers will conduct their interview. The researchers will interview the parents of the children who often watch Digitized cartoons, their children and representatives from ABACAS, GAMMA and The researchers will interview them by the end of October. The researcher will conduct an interview with he parents and their children at their residence and the representatives will be interviewed at their office.Definition of terms Cartoons A cartoon is a form o f dimensional illustrated visual art. While the specific definition has changed over time, modern usage refers to a typically nonrealistic or semanticist drawing or painting intended for satire, caricature, or Depth Department of Education (abbreviated as Depend; Filipino: Quarrelsomeness's) is the executive department of the Philippine government responsible for ensuring access to, promoting equity in, and 8 | page improving the quality of basic education. It is the main agency tasked to manage and govern the Philippine system of basic education.It is the chief formulator of Dubbed When videos from other countries have been translated. Foreign engage A language indigenous to another country. It is also a language not spoken in the native country of the person referred to. Mainstream It is the common current thought of the majority. It includes all popular culture and media culture, typically disseminated by mass media. Nationalism A feeling that people have of being loyal to and pr oud of their country often with the belief that it is better and more important Han other countries. Mass Media This chapter presents the background of the study, statement of the problem, research objectives, research questions, significance the study and limitation of the study. Background of the study Formerly perceived as an activity that only large companies in developed economies engage in, the reality is, success of every organisation, whether large or small is dependent on building a relationship with their customers (Kotler, 2002). Small businesses have used promotion to raise customer's awareness and interest, announce new products, publicise an improvement and stay competitive (Garity, 2010). The more people respond to promotion, the better it is for the business and the society in large. Promotion allows customers compare and contrast products and services to ensure they get the best (Kotler, 2002)Kayode (2007) defines promotion as the conscious effort that involves setting up mediums that a business can utilize in persuading customers to buy products or services, or even promote a concept. Promotion as a means to communicated existed in pre-historical times. Egyptian papyrus, waxed boards and roadside rocks were used in the ancient times to present upcoming sales to the citizens (Feofanov, 2004). Technological advancements gave way to expansion of product promotion through mass media. In 20th century, the era of industrial and production though technology and innovation to develop sophisticated and organized means of communicating with potential customers. With the help of radio, billboards, flyers, television, magazines, newspapers and brochures, small businesses were able to to create awareness of their products (Patino ; Pitta 2012) and communicate with their customers. Breirley (1995) explains further that small businesses also engage in promotion with an objective to influence behaviours, appeal to customers as well as motivate them to buy or not buy certain products. In developing countries, broadcast and print media remain the most preferred means of promotion due to its nature of information richness whose format allows text, animation and audio (Murmaan, 2013). According to Marmori (2009) radio and television give businesses the possibility to reach a sufficient amount of targeted audience as well as a high frequency of words in the message distributed. They have the ability to reach even illiterate people. Television and radio transmits locally, regionally as well as internationally giving the promotion a widest coverage. Although the most popular, radio and television are expensive media for promotion of products and services in comparison to short exposure time of their message. One's message has to be brief, and sometimes considered a nuisance when aired in the middle of a program. With the creation of World Wide Web in the early 1990s, internet as mechanism of disseminating information between individuals, regardless of their geographical destination has had a landmark effect on how small businesses are promoting their products/ services (Leiner, Cerf, Clark, Kahn, 2017). Formerly regarded as a communication tool, internet in now a certifiably revolutionary technology that has enabled businesses a faster and better two-way communication between them and their customers. In the first era, internet belonged to individuals, an aspect that has long changed as businesses have taken over and are using social media to create awareness of their products or services (Kaplain & Heinlein, 2010). The revolution in technology has changed how businesses are establishing and maintaining relationships with their customers (Breirley, 1995). Through websites and social media and increase of mobile phone, both small businesses and customers have a quick access to information, low promotional cost, multimedia enriched and limitless space (Stojkovi?, 2012). Internet has offered a global platform to sell and buy products and services for small business formerly limited by lack of sufficient budgets.In Tanzania, many small businesses are integrating social media as part of the promotion plan. Ayman's Investment is a one such business that engages social media via Instagram to promote its services and products which includes a hair and beauty and bridal clothes respectively.Social MediaBuettner (2016) describes social media as computer affiliated tools that enables users to share information in virtual networks, faster and effective. When adopted in business, Social Media offers a variety of benefits and opportunities for businesses to promote their businesses (Celine, 2012). Therefore, businesses cannot afford to bypass Social Media. Mehmood ; Shabbir (2016) acknowledges that indeed social media has transformed not only social interaction but the way of business. Whether websites, social networks or blogs, people are sharing their experiences and information. Smith ;Treadaway (2010) observed that the rise of social media has more or less coincided with the decline of traditional media with its acceptance rate continuing to increase as compare to traditional media. Social media allow users to create content by taking and sharing photos of their products as well as write captions to compliment the photos (Bui, 2014). Ben Long, a photographer and writer highlights the use of photos as a powerful tool to evoke a potent experience to viewers (Long, 2011). Through social media, businesses can generate, authentic conversations between them and customers and they are sharing their thoughts and experiences at no cost at all, unlike word-of-mouth which is limited in reach and broadcast media that is expensive (Evans,2008). They include Facebook, Instagram, Twitter and SnapChat. Although less popular that Facebook, Instagram is rapidly becoming one of today's top choices among small businesses. Launched in October 2010, Instagram had 800 million active subscribers in September, 2017. With 7 million internet users in Tanzania, small businesses are using Instagram as an online mobile photo, video-sharing and social networking service enabling them take pictures and videos, and share them other users who are potential and existing customers (Gross, 2010). Both small and large businesses are using Instagram is an ideal promotion tool (Keating, 2015).Small InvestmentsSmall Investments also referred as Small Businesses are also referred to as Small and Medium Enterprises or Micro, Medium Enterprises. In Tanzania, small investments are described as those with the ability to engage or employ up to 4 with a capital amounting up to Tshs.5.0 million (SME policy, 2002). Tanzania Chamber of Commerce, Industry and Commerce estimate that at least 95% of business in Tanzania are small businesses and contribute about 35% of the country's Gross Development Product (GDP) making small business a crucial subject of discussion.This study is determined to find out how and why small businesses are adopting social media as a promotion tool. Mass media The twosome flow theory gave 4 | Page way to the multiples flow theory of mass communication or diffusion of innovation theory. Katz, Lieu (1973). The twosome flow of communication: an update report of an hypothesis. In Anis and Cox(des. ), Marketing Classics, Pl 751 93. Conceptual Framework In this framework, the source will be the local TV networks because they are the one who will dub the foreign cartoons. The message will be promotion of nationalism and patriotism to Filipino children who often watch Digitized cartoons.The mass media is the airing of Digitized cartoons. The opinion leaders 5 | page will be the parents of the children who often watch Digitized cartoons. They are the opinion leaders because the researchers will interview arenas from Magmata, Manila and Guenon City to know their opinion about Digitized cartoons and their opinion about it promoting nationalism or just to help children to understand the show better because it's dubbed t our national language. Lastly t he children are the public because they are the target audience of the local TV networks.Sass motion The reason why the local TV networks continue to air Digitized cartoons, is for Filipino children to understand the show better, because if the cartoons were in English, the people who use it as a second language far Outnumber those w ho speak it as a first language. It doesn't promote nationalism because its setting is from western and Asian countries. The shows are Digitized because they only want to help children that are not yet familiar or incapable of speaking English h to understand the shows better.Many parents discourage their children to watch h Digitized cartoons because it doesn't help them to enhance their English proficiency which is important nowadays because it's the universal language. Depend will not consider this as a promotion for nationalism because Of its stet inning. Significance of the Study The researcher's aim is to know the reasons why local networks intent ion to Digitize cartoons and do they really want to promote nationalism by 6 | page dubbing foreign cartoons in Filipino language and to know the advantages and disadvantages of watching Digitized cartoons.The significance of this study to local TV networks is to know their reason of airing Digitized cartoons, to parents, it's significance is to understand the TV networks' reason Of airing Digitized cartoons and does it really help their children to understand the show better, as per the children, it's significance is to know the lessons or will they benefit if they watch Digitized cartoons. This duty will help the viewers to understand why they should or shouldn't encourage their children to watch Digitized foreign cartoons.If they really want to promote nationalism, they should make a Toga sitcom or TV shows for children like Abbott, Sinkable and Heartwarming. Scope and Limitation The people that are involved in this study are the local TV networks like GAMMA, ABACAS and TV that a ir Digitized cartoons, Depend and the parents of the children who often watch Digitized foreign cartoons, the parents and children that the researchers will interview are coming from Magmata City, Patters, Tagging 7 | page ND Guenon City. In two months the researchers will be able to gather all the data that are needed in this study.Although this research is carefully prepared, there will be some unavoidable limitations like the limited availability of the local network and Depend representatives, weather and the location where the researchers will conduct their interview. The researchers will interview the parents of the children who often watch Digitized cartoons, their children and representatives from ABACAS, GAMMA and The researchers will interview them by the end of October. The researcher will conduct an interview with he parents and their children at their residence and the representatives will be interviewed at their office.Definition of terms Cartoons A cartoon is a form o f dimensional illustrated visual art. While the specific definition has changed over time, modern usage refers to a typically nonrealistic or semanticist drawing or painting intended for satire, caricature, or Depth Department of Education (abbreviated as Depend; Filipino: Quarrelsomeness's) is the executive department of the Philippine government responsible for ensuring access to, promoting equity in, and 8 | page improving the quality of basic education. It is the main agency tasked to manage and govern the Philippine system of basic education.It is the chief formulator of Dubbed When videos from other countries have been translated. Foreign engage A language indigenous to another country. It is also a language not spoken in the native country of the person referred to. Mainstream It is the common current thought of the majority. It includes all popular culture and media culture, typically disseminated by mass media. Nationalism A feeling that people have of being loyal to and pr oud of their country often with the belief that it is better and more important Han other countries.

Saturday, November 9, 2019

Wensha vs Yung Case Digest

G. R. No. 185122 August 16, 2010 WENSHA SPA CENTER, INC. and/or XU ZHI JIE, Petitioners, vs. LORETA T. YUNG, Respondent. A petition for review on certiorari under Rule 45 of the Rules of Court filed by an employer who was charged before the National Labor Relations Commission (NLRC) for dismissing an employee upon the advice of a Feng Shui master. Facts: Wensha Spa Center, Inc. (Wensha) in Quezon City is in the business of sauna bath and massage services. Xu Zhi Jie a. k. a. Pobby Co (Xu) is its president,3 respondent Loreta T. Yung (Loreta) was its administrative manager at the time of her termination from employment.Loreta recounted that on August 10, 2004, she was asked to leave her office because Xu and a Feng Shui master were exploring the premises. Later that day, Xu asked Loreta to go on leave with pay for one month. She did so and returned on September 10, 2004. Upon her return, Xu and his wife asked her to resign from Wensha because, according to the Feng Shui master, her au ra did not match that of Xu. Loreta refused but was informed that she could no longer continue working at Wensha. That same afternoon, Loreta went to the NLRC and filed a case for illegal dismissal against Xu and Wensha.Labor Arbiter (LA) Francisco Robles dismissed Loreta’s complaint for lack of merit. He found it more probable that Loreta was dismissed from her employment due to Wensha’s loss of trust and confidence in her. NLRC affirmed in its Resolution,9 citing its observation that Wensha was still considering the proper action to take on the day Loreta left Wensha and filed her complaint. CA reversed the ruling of the NLRC on the ground that it gravely abused its discretion in appreciating the factual bases that led to Loreta’s dismissal. The CA noted that there were irregularities and inconsistencies in Wensha’s position.Issue: Whether or not petitioner Xu Zhi Jie is solidarily liable with Wensha. Ruling: Loreta’s security of tenure is guaran teed by the Constitution and the Labor Code. Under the security of tenure guarantee, a worker can only be terminated from his employment for cause and after due process. The records are bereft of evidence that Loreta was duly informed of the charges against her and that she was given the opportunity to respond to those charges prior to her dismissal. If there were indeed charges against Loreta that Wensha had to investigate, then it should have informed her of those charges and required her to explain her side.Wensha should also have kept records of the investigation conducted while Loreta was on leave. The law requires that two notices be given to an employee prior to a valid termination: the first notice is to inform the employee of the charges against her with a warning that she may be terminated from her employment and giving her reasonable opportunity within which to explain her side, and the second notice is the notice to the employee that upon due consideration of all the cir cumstances, she is being terminated from her employment. This is a requirement of due process and clearly, Loreta did not receive any of those required notices.Nevertheless, the Court finds merit in the argument of petitioner Xu that the CA erred in ruling that he is solidarily liable with Wensha. Elementary is the rule that a corporation is invested by law with a personality separate and distinct from those of the persons composing it and from that of any other legal entity to which it may be related. â€Å"Mere ownership by a single stockholder or by another corporation of all or nearly all of the capital stock of a corporation is not of itself sufficient ground for disregarding the separate corporate personality. In labor cases, corporate directors and officers may be held solidarily liable with the corporation for the termination of employment only if done with malice or in bad faith. Bad faith does not connote bad judgment or negligence; it imports a dishonest purpose or some moral obliquity and conscious doing of wrong; it means breach of a known duty through some motive or interest or ill will; it partakes of the nature of fraud. In the subject decision, the CA concluded that petitioner Xu and Wensha are jointly and severally liable to Loreta.We have read the decision in its entirety but simply failed to come across any finding of bad faith or malice on the part of Xu. There is, therefore, no justification for such a ruling. To sustain such a finding, there should be an evidence on record that an officer or director acted maliciously or in bad faith in terminating the services of an employee. Moreover, the finding or indication that the dismissal was effected with malice or bad faith should be stated in the decision itself.

Wednesday, November 6, 2019

Free Essays on Benefits

The purpose of this memorandum is to officially inform you on the benefit of our research. This study was a mixed design research which includes both qualitative and quantitative research methods. It describes the complex nature of the worker and how they perceive their own experience within your company. My company has described the conditions on the workers, explore association, formulate theories, and will assist in implementation of the best options for your company. Our research has included observations of your workers, interviews, and questionnaires where we gathered pertinent data that applies to your organization structure of your company. This method is more informal. The quantitative research included numerical data that we gather under standardized conditions. We have summarized this information and placed data into a statistical analysis. By using formal instruments we have put the subjective information that we gathered from your workers into objective numerical scales. I feel this method was more scientifically based and has produced the highest level of reliability and validity. By using both methods, we have obtained the perspective of your workers and the required goals for your company to become a successful. The findings yielded that your company is in dire need of restructuring of the managerial department. Your organization does not have the correct configuration of authority and there is poor communication between managers and subordinates. My company feels that your managerial staff is under qualified for the positions successfully and professionally. We suggest that the managerial staff receive management education courses. We feel that your prior practice of hiring managerial staff must be concluded immediately. In future hiring of management staff, we suggest that you explore better options in selecting candidates, such as past employment of the candidate and education level. Your compensation for ma... Free Essays on Benefits Free Essays on Benefits The purpose of this memorandum is to officially inform you on the benefit of our research. This study was a mixed design research which includes both qualitative and quantitative research methods. It describes the complex nature of the worker and how they perceive their own experience within your company. My company has described the conditions on the workers, explore association, formulate theories, and will assist in implementation of the best options for your company. Our research has included observations of your workers, interviews, and questionnaires where we gathered pertinent data that applies to your organization structure of your company. This method is more informal. The quantitative research included numerical data that we gather under standardized conditions. We have summarized this information and placed data into a statistical analysis. By using formal instruments we have put the subjective information that we gathered from your workers into objective numerical scales. I feel this method was more scientifically based and has produced the highest level of reliability and validity. By using both methods, we have obtained the perspective of your workers and the required goals for your company to become a successful. The findings yielded that your company is in dire need of restructuring of the managerial department. Your organization does not have the correct configuration of authority and there is poor communication between managers and subordinates. My company feels that your managerial staff is under qualified for the positions successfully and professionally. We suggest that the managerial staff receive management education courses. We feel that your prior practice of hiring managerial staff must be concluded immediately. In future hiring of management staff, we suggest that you explore better options in selecting candidates, such as past employment of the candidate and education level. Your compensation for ma...

Monday, November 4, 2019

Earthquakes on the Chamman and Chiltan Fault Lines in Quetta Pakistan Research Paper

Earthquakes on the Chamman and Chiltan Fault Lines in Quetta Pakistan Specifically in 1935 - Research Paper Example Although there are still several catalogs of earthquakes that exist, the early events were in particular due to some errors, location biasness and incompleteness. Using original sources, it has been confirmed that more than a thousand earthquakes were macro-seismic locations and have assigned the MS magnitudes to the earthquakes since 1892. There have been 34 important earthquakes recorded in this reason of which one of the most significant one took place on 31st May 1935 (Erduran‎ et al., 2012). This earthquake took place at 3am in the middle of the night. It was known as the deadliest earthquake in South Asia. This was the most seismic region of Pakistan at the top of the Chamman and Chiltan fault lines. The earthquake lasted for three minutes but had several immense aftershocks. The tremors of the earthquake were felt a long distance away and the destruction was caused in all the towns near Quetta, the main city, including the city itself. The earthquake had killed 30,000 to 60,000 people in the region. The aftershocks, however, did not cause much damage in Quetta but in the surrounding regions. The scientists have found out the main causes of the earthquakes in Baluchistan from 1892 to 2001 and have analyzed the issues as a wide topic. Most of the research was based on the 1935 earthquake as it is marked as a few of the deadliest ones in the 20th century. The significance of this topic in the lives of the Pakistanis and Asians can be seen through various consequences and analyses made by the scientists. To develop the topic and introduce the issues, it is important to see what type of an earthquake it was actually. The earthquake was, as recorded in the new instruments, 7.7 MW while the previous instruments had recorded 8.1 MW which was a wrongly calculated amount. The epicenter of the earthquake was recorded to be 4.0 km from Ali Jaan, a town in Quetta. The focal depth of the earthquake was 17kms ?(Ambraseys & Bilham, 2003). ? According to the scientists these earthquakes took place in Baluchistan because of the fault lines in the region. It happened due to the two blocks of earth suddenly colliding past one another. The earthquake of 1935 is recorded to have no foreshocks which are the movements felt before the earthquake happened. Records show that there were no such claims. However, it is true that scientists cannot tell whether it is a foreshock before the main earthquake happens, but after the earthquake occurred in 1935, it was held that there were no foreshocks experienced. Even though there were no foreshocks, the earthquake had some unusual events recorded prior to the earthquake. It is true that scientists have not yet found a way in which the earthquakes can be predicted, yet they can analyze how and when they are most likely to occur in future. Quetta is said to be hit by the 1935 quake again in the near future however, the time can never be accurately told. The unusual events that scientists recorded before the earthquake were unusual bright lights, flashes of lights in the mountains, landslides, dust clouds and rock falls. Unusual event s seem to be unjustified even after many years of research as the scientists say that earthquakes have very less to do with the weather changes. They cannot be predicted by any machines or instruments. They shake the earth’s surface because of the collision of faults. The Quetta earthquake was also a sudden event where hundreds of people were buried under the rubble because it was 3am in the morning and most of them were not awake to assess the emergency. The significance and further details of the earthquake are discussed later. However, this earthquake holds immense significance as it

Saturday, November 2, 2019

Ashford - BUS311 Essay Example | Topics and Well Written Essays - 2250 words

Ashford - BUS311 - Essay Example The paper will spot the key employment laws and concepts that have some effects on each of the candidate’s employment status. The paper is also going to explain whether there is any explanatory regulatory circumstance, which would influence the decision to end the employment of each of the candidates. Finally, the paper will make a decision on the way each of the candidates can be dealt with in a way that puts the interests of the company at the best grounds In any company doing business in today’s dynamic workplace, the importance of having effective workplace procedures and policies has continued to rise. The driving force for this rise has been the changes seen in the codes of practice, regulation, and legislation. For instance, the recent changes seen in the industrial relations legislation as well as the move by companies to a national system have led to the rise of workplace issues of unfair dismissals, workplace rights, and discrimination. These should be handled by effective policies. Business company law has been set to look into these policies to ensure that both the employer and the employee are protected from any form of workplace injustice. In this paper, we are going to concentrate on the employee protection in the workplace. This is because it is always likely to find employees being handled unfairly in the companies by the employers, and not the other way round. Fortunately, several laws have been enacted under company law to ensure that the employees are treated fairly in the workplace. This research paper is going to use five candidates listed for dismissal in Fast Service Company. These candidates are Carl Hairnes, Brian Carter, Sarah Boyd, Nora Manson, and Jenny Mills. These candidates were listed for dismissal due to different reasons. Carl Hairnes is accused of displaying acts of sexual harassment to fellow employees. He is also a

Thursday, October 31, 2019

Google Glass Essay Example | Topics and Well Written Essays - 500 words

Google Glass - Essay Example Since its inception into the market, there have been diverse concerns about the use of Google Glass and this is especially the case when it comes to its potential of violating privacy rights. Privacy rights advocates have raised concerns about Google Glass users being able to identify strangers through the use of facial recognition software or even record private conversations and broadcast these conversations. This is a matter that might lead to potential legal problems for Google Glass because its widespread usage might become an inconvenience for others in society. It is for this reasons that some institutions and companies have opted to make sure that they place signs banning the use of Google Glass within their premises (Streitfeld, 2013). Organizations such as the FTC Fair Information Practice have set up guidelines which are meant to ensure that privacy rights are upheld and these have become important especially in regulating new technology such as Google Glass. Despite the privacy concerns, the development of Google Glass is one of the most fascinating stories of the twenty first century. This is because it has evolved from a prototype weighing some 8 pounds in 2011 to being lighter than the average sunglasses; showing the rapid development of this technology over such a short time. However, its original incarnations were not very appealing as a result of their not being fashionable and this has triggered Google to make this product more appealing to the market by making it more fashionable (Friedman, 2015).

Tuesday, October 29, 2019

Mandatory Questions and Answers Essay Example for Free

Mandatory Questions and Answers Essay Outline the guidelines, procedures and codes of practice relevant to personal work? (1.1.1) Follow a set routine so you don’t make any mistakes. Confidentiality. Explain the purpose of planning work, and being accountable to others for own work? (1.1.2) Throughout the day I will always find out what job is the most important for me to do first and do my other work afterwards. Any delay in the important jobs could impact on someone else’s work e.g. (Every hour we have to go online and collect VBS’s for the drivers otherwise they cannot get on the docks to empty or load their container which delays them from their next job meaning it impacts on their work. ) Explain the purpose and benefits of agreeing realistic targets for work? (1.1.3, 1.1.4) It gives a good working practice and gives you something to aim for. Describe types of problems that may occur during work and how would you seek assistance in resolving problem? (1.1.8, 1.1.9) Part of my job is dealing with POD’s and it is important that I chase for outstanding ones otherwise we cannot prove the delivery of container was made which could delay payment or some other issues like insurance claims. Explain the purpose and benefits of recognising and learning from mistakes? (1.1.10) One of the mistakes I have done could have lost the company money but luckily it didn’t. The way I have learnt from this is because I wasn’t very careful but now I take more precautions e.g. checking twice when sending out invoices so I don’t send it to the wrong person. Explain the purpose and benefits of agreeing and setting high standards for own work? (1.2.1, 2.1.1) The benefits for setting high standards for your own work means that it is always done to the best of your ability. Describe ways of setting high standards for work? (1.2.2) * Making goals and sticking to them. * Writing a list of what needs to be done. * Aiming to do certain things by a certain time/day. Explain the purpose and benefits of taking on new challenges if they arise? (1.2.3) It means I get to learn more about the company and interact with everyday tasks; I will be more involved and have a lot more options. Accounts, POD’s and traffic sheets are some examples of what I would do which also gives me more option in the future. Explain the purpose and benefits of adapting to change? (1.2.4) Sometimes change can make things more efficient and easier to complete tasks. Explain the purpose and benefits of treating others with honesty, respect and consideration and what types of behaviour show this and what ones don’t? (1.2.5, 1.2.7) Good behaviour * Friendly * Considerate * Confident Bad behaviour * Being unmotivated * Refusing to do work * Being cold towards other employees Explain why behaviour in the workplace is important? (1.2.6) Being friendly to others makes it a comfortable and relaxing atmosphere to work in meaning there are no uncomfortable and awkward moments so you can enjoy being at work. Explain the purpose and benefits of encouraging and accepting feedback from others? (2.1.2) Shows you where your good and bad flaws are and what you can improve on. Explain how learning and development can improve own work, benefit organisations and identify career options? (2.1.3) It can improve your own knowledge and make you understand your job role better. Describe possible career progression routes and development opportunities? (2.1.4, 2.1.5) I could possibly work in a bank or something with accounting as an option which would be a potentially good career or I could stay in this area of work. Describe what is meant by diversity and why it should be valued? (3.1.1) Diversity refers to the fact that we are all different. Diversity should be appreciated and valued because nobody is the same as anyone else. Describe how to treat other people in a way that is sensitive to their needs? (3.1.2) You should be kind and be caring towards people. Look out for their needs as you would like them to look out for yours. Treat others how you would like to be treated. Describe how to treat people in a way that respects their abilities, background, values, customs and beliefs? (3.1.3) Don’t judge anyone by their race, religion systems, mental capabilities, physical appearance. Get to know them before you take judgement on them. Describe ways in which it’s possible to learn from others at work? (3.1.4) You can watch how they act with certain people e.g. you learn different mannerisms and personalities. Describe the purpose and benefits of maintaining security and confidentiality at work, what are the company and legal requirements and how do you deal with any concerns? (3.2.1, 3.2.2, 3.2.3, 3.2.4) Confidential information is only allowed to be looked at by your employer and other staff but not to be discussed outside of work as this could breach your contract. Explain the purpose of keeping waste to a minimum? (3.3.1, 3.5.2) It is better for the environment. Describe the main causes of waste that may occur in a business environment? (3.3.2) I would say paper is the most common cause of waste the business as there is so much information to take down, re-write and make notes. It is all recycled though. Describe ways to keep waste to a minimum? (3.3.3, 3.5.1, 3.5.2) Recycle and reuse. Identify ways of using technology to reduce waste? (3.3.4) * Shredder * Moving paper files on to the computer * Using a compost pot for wasted food Outline the purpose and benefits of recycling and what are your organisational procedures? (3.3.5, 3.3.6) Reduces carbon footprint and pollution Describe the benefits and procedures and organisational procedures for the recycling and disposal of hazardous materials? (3.4.1, 3.4.2) The benefits of recycling can be extremely beneficial to all different things. The only hazardous object we have that we recycle is the toner from our printer and it goes when a man picks it up to recycle and give to a charity. Explain reasons for knowing the purpose of communication? (4.1.1) The purpose of communication is to understand each other and connect. Communication is the means in which information is circulated. Explain the reasons for knowing the audience to whom the communication is being presented? (4.1.2) You modify your presentation style to suit the audience so you get optimum results. Describe the best methods of communication and when to use them? (4.1.3, 4.1.4) 1. In person – for an immediate response to your question/query 2. Telephone – when you are not near the person you wish to receive information but would like a quick response. 3. Email – when you are replying to a request and need to send them something or when you need something sent to you. Identify different sources of information that may be used when preparing written communication? (4.2.1) Websites on the internet, a dictionary and previous correspondents could be used to prepare written communication. Describe the communication principles for using electronic forms of written communication in a business environment? (4.2.2) It is environmentally friendly and easier to use. Describe the reasons for using language that suits the purpose of written communication? (4.2.3) You use different languages to address the matter in the right context for example; informal or formal letters/emails. Describe ways of organising, structuring and presenting written information so it meets the needs of the audience? (4.2.4) PowerPoint presentations can be very good for presenting and gives you a lot of room for information. You can use a wide range of different effects that make the information look more interesting. Describe ways of checking for the accuracy of written information and the purpose of accurate use of grammar, punctuation and spelling? (4.2.5, 4.2.6) If you are using the computer you can use spell check on almost any document to make your grammar correct. Explain what is meant by plain English, and why it is used? (4.2.7) Plain English is a general term for communication styles that emphasise clarity, brevity and the avoidance of technical language. The intention is to write in a manner that is easily understood by its target audience: appropriate to their reading skills and knowledge, clear and direct, free of clichà © and unnecessary jargon. Explain the need to proofread and check written work? (4.2.8) In case you have made any mistakes or your work doesn’t make sense. Explain how to identify work that is important and work that is urgent? (4.2.9) Urgent means as soon as possible and important means take a little more time and care over it but do it quickly. Describe organisational procedures for saving and filing written communications? (4.2.10) We scan all the documents so there is always a back up file on the computer and then we file the paperwork into a folder and archive. Describe ways to verbally present information and ideas clearly? (4.3.1) Use number points, examples and be clear when presenting information. Explain ways of making contributions to discussions that help move them forward? (4.3.2) Always ask questions, recap information and listen carefully.

Sunday, October 27, 2019

Relationship Between The Nation State And Global Market Economics Essay

Relationship Between The Nation State And Global Market Economics Essay This paper discusses the relationship between the nation state and the global market. Giddens Structuration theory is used to conceptualise nation states as agents and the global market as the structure. It is argued that nation states may shape the global market according to their vested interests and needs and that power plays an important role in this process. A strong and effective state is therefore better able to use the opportunities offered by global market. Globalisation and Developing CountriesThe term Globalisation has been widely used in literature in a number of contexts. It has been seen as the global integration of financial markets (Walker and Fox, 1999:2), interconnectedness of world economy (Neuland and Hough, 1999:1), trans-border movements of capital and goods (Gill, 2000:4) and breakdown of national borders (Redding, 1999:19). Braibant (2002) further includes the development of advanced means of communication, growing importance of multinational corporations, population migrations and increased mobility of persons, goods, capital, data, ideas, and even that of infections, diseases and pollution in the process of globalisation. One aspect that is common among these perspectives is the breakdown of borders between countries, governments, economies and communities that has given rise to the global markets that are not controlled (but may be influenced) by a single country. The use of the term globalisation for the purpose of th is paper is limited to that of trade, finance and investment. A variety of terms are used to differentiate between developed and developing countries (for example north/south and rich/poor etc.), however the literature has come a long way since the days of using the terms such as first world and third world countries. This paper will stick to the term developing countries, which is used to refer to a number of heterogeneous groups of countries. For example it may mean the rapidly growing economies in Asia, negative growth economies (in terms of GDP/capita) in Africa, middle income and very poor countries, small and large, landlocked and ocean access and heavily regulated and recently liberalised countries. This paper however, when referring to developing countries includes all low- and middle-income countries as defined by World Bank (2000). There is a growing body of literature on the affects of globalisation and the opportunities and problems it may cause to the developing countries. The developing countries are characterised by weak economic, legal and political institutions that lead to corruption, insecurity, conflict and lack of competitiveness in labour, technology and skills. The introduction of trade liberalisation and increased international competition in such conditions can have serious consequences for the infant industries in the developing countries (Stiglitz, 2000). However it is generally claimed that opening to the global markets increases the flow of foreign direct investment into the developing countries, allows them to catch up with the latest technology without need for considerable investment or research, bring capital into the country, build expertise, induce innovation, and thus contribute to the general economic growth. Francois and Schuknecht (2000) provide some empirical evidence that openness to global markets leads to GDP growth. These findings are of course challenged by others. The Hegemony of Global Market StructureIn the sizable amount of literature, a form of structuralism can be observed that views the relation between the global market and the nation state as a zero-sum game where the growth of globalisation is seen as increased shrinking of sovereign state. Last two decades of 20th century saw proliferation of the literature that predicted the eclipse, retreat, crisis and even the end of the nation states as a result of growing forces of globalisation. The main premise of these viewpoints is that the nation states have lost control over their territorial boundaries, national economies, currencies and even their cultures and languages as well and thus the macroscopic form of power has shifted from the nation-states to the global market represented by global institutions and multinational corporations (Barrow, 2005). For example Castells (1997:243) in his chapter named A powerless state? argues that State control over space and time is increasingly bypa ssed by global flows of capital, goods, services, technology, communication, and information. Similarly Hardt and Negri (2000:xi) in their book Empire claim that along with the global market and global circuits of production has emerged a global order, a new logic and structure of rule-in short, a new form of sovereignty. Empire is the political subject that effectively regulates these global exchanges, the sovereign power that governs the world. Similar view is held by Camilleri and Falk (1992:98) global processes and institutions are invading the national state and à ¢Ã¢â€š ¬Ã‚ ¦ [are] dismantling the conceptual and territorial boundaries that have traditionally sustained the theory and practice of state sovereignty. The authors concluded that the nation state little choice other than delegating their authority to international and supranational organisations. Hence, it may be a bit exaggerating that the globalisation is the only reason that has resulted into the degradation of s tate authority but it appears from the literature that it is seen by many as the central one (Evans, 1997). Various examples are given to support this point of view. The powers of World Trade Organisation (WTO) to enforce sanctions and punish individual countries are cited as one of the ways in which the global capitalist system coercively seeks conformity. It is argued that individual countries have little influence on the creation and enforcement of rules in the system and even on the level of their own integration into the world economy. A well cited example of this is the attempt of Indonesian government to protect its domestic automobile industry by providing facilities such as tax holidays, lower import duties for spare parts and very low interest loans. These actions and their positive effect on Indonesian automobile industry did not go well with the global automobile exporters who saw their market share potentially in danger. A case was therefore raised against the Indonesian government at the WTO where it was defeated and thus forced to either roll back the measures it had taken t o protect and promote one of its nascent industries or risk severe sanctions (Hartungi, 2006). Another adverse effect of growing power of global capitalist system is that the developing countries have to increasingly compete within each other to attract the FDI which is termed by some as a race to bottom (Chau and Kanbur, 2006). In order to prove them more attractive to the MNCs, developing countries are forced to deregulate hastily and keep the wages and taxes low. Any attempt by these countries to increase the minimum basic wage, labour safety standards or restrictions on capital may result in relocation of MNCs from the country. This exposes the work force to further exploitation in countries where union representation, legal protections and access to basic facilities such as health and education and any kind of social safety net is already limited. Labour exploitations therefore have been reported in Bangladesh, Indonesia, Sri Lanka, Kenya and the Dominican Republic where govern ment is forced to keep the wages low due to for example competition from countries like India and China where the garment giants Levi-Strauss and Gap have been considering to relocate due to availability of raw materials as well as packaged services such as cutting, sewing and packaging etc (Hartungi, 2006). Similarly developing countries are coerced into various agreements (such as Trade Related Agreements on Intellectual Property Rights, TRIPS) under the auspices of WTO that are unreasonably costly for these countries to implement. It cost Mexico for example US$30 million to upgrade and enforce intellectual property laws (Finger and Schuler, 1999). Some developing countries such as Nigeria, Uganda, Morocco and Cambodia are forced by the US government to enforce patent protection mechanisms for pharmaceuticals that go way beyond the standard TRIPS agreement and are known as TRIPS Plus. One of the many additional obligations forced on developing countries under TRIPS Plus is the extension of patent terms beyond the 20 years required by standard TRIPS agreement and used commonly by most countries in the world. The Almighty StateThis strand of literature focuses on the role of individual nation-states in enacting and reifying the global market structure. It views these as the principal agents of globalisation and the patrons of the political and material conditions required for its sustainability and influence. Its main premise is that the nation states are going through a transition in order to adjust to the new global political economy and balance the contradictory pressures of global requirements and national interests, hence there is considerable realignment taking place within the state apparatuses which many scholars incorrectly interpret as a decline of nation state. It is argued that without the intervention of the state, the existence and the reproduction of global capitalist market is not possible. The process of creation and strengthening of this system therefore requires active role of the nation states (Aglietta, 2000). However, the policies, attitude and institutions that are required to shape the capitalist structure of global scale take time to develop and thus the developing countries must manage the conflict between domestic and global interests until such institutions take root in the society (ibid.). This point of view is partly based on the work by Robert Cox (1987) published as a book titled Production, Power and World Order in which he challenged the notion that state is in decline and instead proposed the concept of internationalisation of the state. He argues that internationalisation of state is the conversion of state into an agency for adjusting national economic practices and policies to the perceived exigencies of the global economy. The state becomes a transmission belt from the global to the national economy, where heretofore it had acted as the bulwark defending domestic welfare from external disturbances. (Cox, 1987:254) Similar views have been expressed by Panitch (1993) who believes that far from witnessing a by-passing of the state by a global capitalism, what we see are very active states and highly politicised sets of capitalist classes (p63). He adds that the global capitalist structure as it stands today has been authored by the states and it has primarily rearranged rather than by passed states. The level of influence that individual states have on global markets may be different but ultimately the imperial economic and political relationships are not organised by the multinational and transnational firms, but by a system of states that have unequal influence across the globe. Aglietta (2000) therefore defines imperialism as a system of hegemony through which states are coerced by other state/s to adopt a set of rules that favour the stability of global system that may be inclined heavily towards promoting the benefits of stronger states. Thus the current form of globalisation has been constituted by a number of states with uneven inter-state relations and strengths. The role of states strength/power in benefiting from the global capitalist system is substantiated empirically by the work of Weiss (2005) by examining the evidence from Japan and East Asian NICs (Newly Industrialised Countries). The author concluded that the states with strong hold over the socio-economic goal setting and strong relationship with domestic audience were better able to adapt to the process of globalisation and crucially, were also better able to promote the internationalisation strategies of their corporations. Thus the differences between the states capacity (strength) directly affect its ability to exploit the opportunities of international economic change.