Advertising Is Harmful Essay

Today I went to the bathroom in Tyson’s mall, and I saw a Lenovo camera advertisement stuck in front of the stool. It made me feels like a camera recorded everything in the bathroom. No matter where you go, walking on the street, taking the bus or subway, looking for websites or watching TV shows you always see advertisements. So I believe advertisements are harmful. Some people say that advertisements won’t brainwash them, because they know what they really want. I don’t agree with this, because advertisements affect our subconscious mind. For instance, I have read a newspaper article about a mother who came home and asked her child what he wanted to eat and her child said McDonalds. The mother asked him why McDonalds and the kid said because he always saw it on the TV so he wants to try it. Although a child didn’t really know how McDonald food tastes, McDonalds had been advertised so many times on the TV that the children make the decision to have it for dinner. Not only are kids influenced by advertisements, but adults also are. For example, I bought a Dell laptop last year, but returned it a week later. See more: Homeless satire essay I saw the Dell advertisements everywhere, at the college, the website, and even walking on the street, so when I wanted to buy a laptop, Dell became my first choice. I returned it a week later, because my friend told me Lenovo laptop has the same configuration as the Dell laptop but the price was much cheaper. This example demonstrates how the advertisement induces people to buy products. When people have seen advertisements many times, they have good impressions of the product in their minds. So not was only I had been influenced by advertisements, but most people are also. For example, most people bought IPhones rather than other phones because IPhones advertisements around everywhere. Often an advertisement not only disturbs our daily lives, but also provides untrue information. Companies always show perfect products in their advertisements, but the real products are much worse. For example, last month I went to Burger King, and I saw a big poster outside the store that showed a man held a hamburger with two hands and open his mouth as big as he can to eat a hamburger. However, he only bites little of the hamburger, because it was too big. And it only cost 99 cents! When I bought it, I felt I had been cheated. It was delicious, but it was smaller than my hand and can be finish within a bite. Also most of the reducing weight advertisements are untrue too. Some companies exaggerated their products in the advertisement to misleading people to buy the products. Some of the advertisements said the medicines could help people reduce around 5 to 20 pounds per month. As we all know, obesity is one of the most serious problems in America, so many people tried to reduce their weight in many ways. However, the result is not as the advertisements showed. Those drugs helped people reduce the weight but also had side effects. For instance, drugs harm people’ health by increasing the risk of diseases, and people would also rebound a weight heavily after they stopped the drug. While not all advertisements are untrue, some advertisements provide exaggerated information that let us waste money and also harm our health. We waste our money to buy advertised products we don’t need. An advertisement may make us feel lower class than other because not having the newest product. For example, The Apple Company has most successful advertisement campaign, because most of people would like to buy their new products. For example, the IPhone5 commercial shows IPhone5 is tallest, thinnest and lightest iPhone. Many people changed Iphone4S to the IPhone5 because the commercial shows IPhone5 is better. However, it has similar systems and the same function as Iphone4S. Another reason people buy the IPhone5 is they had low self- esteem. Like my friend who bought IPhone4S last winter and bought IPhone5 now. And he told me, when there has a better product then he wouldn’t use worse one, because that makes him feel he was lower class than others. In this case, people wasted money to buy the newest advertised products to satisfy their vanity. There are too many advertisements in our world now, because companies try to increasing the sales. However advertisements always mislead people to waste money. Government must provide a law to stop untrue and exaggerated advertisements. And parents also need to take time to explain to their child that some products they saw in commercial are harmful. For example, when child asked to buy a quick food or candies, parents must explain to them those foods are unhealthy. Advertising Is Harmful Essay Today I went to the bathroom in Tyson’s mall, and I saw a Lenovo camera advertisement stuck in front of the stool. It made me feels like a camera recorded everything in the bathroom. No matter where you go, walking on the street, taking the bus or subway, looking for websites or watching TV shows you always see advertisements. So I believe advertisements are harmful. Some people say that advertisements won’t brainwash them, because they know what they really want. I don’t agree with this, because advertisements affect our subconscious mind. For instance, I have read a newspaper article about a mother who came home and asked her child what he wanted to eat and her child said McDonalds. The mother asked him why McDonalds and the kid said because he always saw it on the TV so he wants to try it. See more:Â  Social Satire in The Adventures of Huckleberry Finn Essay Although a child didn’t really know how McDonald food tastes, McDonalds had been advertised so many times on the TV that the children make the decision to have it for dinner. Not only are kids influenced by advertisements, but adults also are. For example, I bought a Dell laptop last year, but returned it a week later. I saw the Dell advertisements everywhere, at the college, the website, and even walking on the street, so when I wanted to buy a laptop, Dell became my first choice. I returned it a week later, because my friend told me Lenovo laptop has the same configuration as the Dell laptop but the price was much cheaper. This example demonstrates how the advertisement induces people to buy products. When people have seen advertisements many times, they have good impressions of the product in their minds. So not was only I had been influenced by advertisements, but most people are also. For example, most people bought IPhones rather than other phones because IPhones adverti sements around everywhere. Often an advertisement not only disturbs our daily lives, but also provides untrue information. Companies always show perfect products in their advertisements, but the real products are much worse. For example, last month I went to Burger King, and I saw a big poster outside the store that showed a man held a hamburger with two hands and open his mouth as big as he can to eat a hamburger. However, he only bites little of the hamburger, because it was too big. And it only cost 99 cents! When I bought it, I felt I had been cheated. It was delicious, but it was smaller than my hand and can be finish within a bite. Also most of the reducing weight advertisements are untrue too. Some companies exaggerated their products in the advertisement to misleading people to buy the products. Some of the advertisements said the medicines could help people reduce around 5 to 20 pounds per month. As we all know, obesity is one of the most serious problems in America, so many people tried to reduce their weight in many ways. However, the result is not as the advertisements showed. Those drugs helped people reduce the weight but also had side effects. For instance, drugs harm people’ health by increasing the risk of diseases, and people would also rebound a weight heavily after they stopped the drug. While not all advertisements are untrue, some advertisements provide exaggerated information that let us waste money and also harm our health. We waste our money to buy advertised products we don’t need. An advertisement may make us feel lower class than other because not having the newest product. For example, The Apple Company has most successful advertisement campaign, because most of people would like to buy their new products. For example, the IPhone5 commercial shows IPhone5 is tallest, thinnest and lightest iPhone. Many people changed Iphone4S to the IPhone5 because the commercial shows IPhone5 is better. However, it has similar systems and the same function as Iphone4S. Another reason people buy the IPhone5 is they had low self- esteem. Like my friend who bought IPhone4S last winter and bought IPhone5 now. And he told me, when there has a better product then he wouldn’t use worse one, because that makes him feel he was lower class than others. In this case, people wasted money to buy the newest advertised products to satisfy their vanity. There are too many advertisements in our world now, because companies try to increasing the sales. However advertisements always mislead people to waste money. Government must provide a law to stop untrue and exaggerated advertisements. And parents also need to take time to explain to their child that some products they saw in commercial are harmful. For example, when child asked to buy a quick food or candies, parents must explain to them those foods are unhealthy.

Business Structures

1 The Desert Enterprise Runing caput: Case survey for the desert endeavor. The Desert Enterprise Abstraction In this instance survey I discuss about the effect of alteration from partnership to incorporation and frailty versa in footings of advantages and disadvantages. The struggles arises when engaging a direction squad and its solution. Amount of net income generated by company and the benefits from company’s portion monetary value. Besides, portion monetary value maximization and attachment to societal and ethical criterions. 1- Discuss the effects of the proposed alteration from a partnership to a corporation in footings of advantages and disadvantages. There are many significances of the suggested alteration from a partnership to a corporation because both partnership and corporation has its ain advantages and disadvantages. In partnership one has to unite his fiscal resources with his spouse. Establish footings with your concern spouse and mark specific concern understanding to protect yourself in instance of any dissension or closing. In partnership both net income and loss has to be shared by both the spouses as per define in concern understanding. Business understanding is developed in the aid of attorney which ensures that:You are screening your securities.Footings of partnership are clearly established work outing the concerns like net income division, fade outing the company, etc.Encounter lawful status for restricted partnership.While corporation is another type of concern. It is done at regional or province degree. When concern is incorporated it means now it is legal entity and is disjointed from shareholders and owners. Before integrating it is better to seek legal advice as you will non be personally responsible for the arrears, duties and Acts of the Apostless of the organisation. In partnership method it is easy to get down partnership as both the spouses has to portion the cost for get downing concern. Share is divided every bit either in direction, net incomes and assets or in losingss and liabilities and debts. It besides has revenue enhancement advantage as you and your spouse has to pay revenue enhancement jointly. But there is no lawful change refering you and your concern. You have to utilize your personal assets to minimise your concern debts. There is a possibility of developing struggles between you and your spouse. You are accountable for the concern determinations prepared by your spouse as it effects you financially for illustration broken contracts. Although in corporate method duties are limited. You can reassign proprietary. Corporation will hold on-going being. It is easier to increase capital in such a concern. Taxs are besides low for an integrated concern. Despite that corporation is purely structured. More dearly-won than partnership or lone proprietary. There is a opportunity of struggle between managers and stockholders. Residency of manager can besides make job It means that if we switch from one to another so possibly we face some jobs and failing at some points and on the other manus we besides find some strength and net income in some points. For illustration in partnership there are more than one concern proprietor while in corporation there is merely one proprietor. It means that it is hard to reassign ownership so we consider it as disadvantage. While in corporation it is advantage as it is easy to reassign ownership in it. 2- Describe potency bureau conflicts that can originate when engaging a direction squad and suggest possible solutions. When chief hires some agent to execute a undertaking, it is set uping an bureau relationship. But when the incentives of the negotiant do non aline with those of the principal this consequences in bureau struggles. There are two primary bureau relationship:Directors and investorsDirectors and creditorsShareholder versus Directors:Conflict between directors and investors/ shareholders arises when directors holds less than 100 % of the company’s common stock.Sometimes director may do some determinations that brush with its best involvements of the shareholder for illustration directors may progress their organisations to get away a coup d'etat effort to increase their personal occupation safety. Though, a coup d'etat may be in the shareholders ‘ finest involvement.Stockholders versus creditors: Creditors decide to impart money to a house centered on the hazardousness of the company, its investing construction and its possible investing construction. These all issues will upset the company ‘s latent hard currency flow, which is a creditors ‘ chief concern. Though, shareholder have control on such determinations along with the directors. As shareholders will do picks founded on their ain best involvements, a possible bureau job takes topographic point between the shareholders and creditors. For illustration, directors could borrow money to buy back portions to maximise stockholder return and decreases corporation shareholder’s base. In this instance Muhammad would wish to engage a squad with cosmopolitan accomplishments indispensable to implement his concern visual image. May be he has to confront troubles sing direction squad as this is wholly new to the company and doesn’t know everything about company. Its mean that he should depict everything about company and so they besides have to make up one's mind either they want to work with you or non and this will besides consequences in wastage of clip to finish his undertaking. Harmonizing to my point of position it is better to develop your hired squad and topographic point strategy and functions for all and sundry should involvement to meet the company objectives. 3- Determine the sum of hard currency the company would bring forth from. Does it count to the company whether the portion monetary value rises subsequent to the IPO? Who benefits from an addition in the company ‘s portion monetary value? The sum of hard currency the company is traveling to bring forth is 5 million issuing portions at BD4. 5 ten 4=20M. Its affairs to the company whether if the portion monetary value is increased following to the IPO ( initial public offering ) . Raising money requires high portion monetary value for any company. As that will let them to publish less portions for sum they want. And if portion monetary value beads so they had to publish more portion on the same sum therefore when portion monetary value additions net income additions and when portion monetary value lessenings net income lessenings and therefore loss takes topographic point. Basically in IPO ( initial public offering ) or APO ( extra public offering ) status investors propose a auxiliary figure of portions of equity in the concern. These portions are all equal so when you buy a portion from company it means you are purchasing some fraction of the company equivalent to that of anyone else who grips one interest of that company. The amount of all portions is equal to full value of that company. Now all these portions are non for public. Largely companies have the bulk of the portions possessed by little figure of pull offing involvements. Now when company want to do money high portion monetary value at the clip of issue is best instance. As company make money when portion merchandising is in its initial phase as when it moves towards 3rd party so company will non acquire any net income. And besides the worth of stock flexible joint on on its demand in market. Fewer portion of the company available in market more the cost it consumes. So the shareholder and stockholders will be successful to acquire net income from an addition in the company’s portion monetary value at its primary sale. As after that it will travel towards 3rd party and the net income of that portion goes to the marketer non to the company. 4- Do you see a trade-off between a company ‘s focal point on portion monetary value maximization and the attachment to societal and ethical criterions? Business moralss are applied in order to vouch that a definite required degree of trust exists between consumers and several signifiers of market members with traffics. For illustration, a portfolio director has to give the same attending to the mixtures of household members and little separate depositors. Such Acts of the Apostless show that public is treated reasonably as investors and stockholders are treated. Yes I see a trade-off between company’s focal point on portion monetary value maximization and the attachment to societal and ethical criterions as in addition in the monetary value of goods and services effects the societal and ethical criterions. That’s mean those clients who have limited net incomes will affected by the company. As to increase company net income it is good to maintain cheque and balance between company’s need and customer’s demand. If you increase portion monetary value so off class it will non be low-cost by low monetary value investors or low income populace. This will bring forth a negative consequence on common public. To maintain interact with common public it is our duty to understand their demands besides. So there are many ways to get the better of such state of affairss. You can present more such offers to fulfill low income consumers. So for this via media takes topographic point between company portion monetary value maximization and attachment to societal and ethical criterions. Mentions: complete usher to corporate finance. ( n.d. ) . Retrieved from www.investopedia.com: hypertext transfer protocol: //www.investopedia.com/walkthrough/corporate-finance/1/agency-problem.aspx stackexchange. ( n.d. ) . Retrieved from personal finanace and money: hypertext transfer protocol: //money.stackexchange.com/questions/16491/how-does-a-high-share-price-benefit-a-company-when-it-is-raising-funds Retrieved from reply: hypertext transfer protocol: //www.answers.com/topic/business-ethics Business Structures 1 The Desert Enterprise Runing caput: Case survey for the desert endeavor. The Desert Enterprise Abstraction In this instance survey I discuss about the effect of alteration from partnership to incorporation and frailty versa in footings of advantages and disadvantages. The struggles arises when engaging a direction squad and its solution. Amount of net income generated by company and the benefits from company’s portion monetary value. Besides, portion monetary value maximization and attachment to societal and ethical criterions. 1- Discuss the effects of the proposed alteration from a partnership to a corporation in footings of advantages and disadvantages. There are many significances of the suggested alteration from a partnership to a corporation because both partnership and corporation has its ain advantages and disadvantages. In partnership one has to unite his fiscal resources with his spouse. Establish footings with your concern spouse and mark specific concern understanding to protect yourself in instance of any dissension or closing. In partnership both net income and loss has to be shared by both the spouses as per define in concern understanding. Business understanding is developed in the aid of attorney which ensures that:You are screening your securities.Footings of partnership are clearly established work outing the concerns like net income division, fade outing the company, etc.Encounter lawful status for restricted partnership.While corporation is another type of concern. It is done at regional or province degree. When concern is incorporated it means now it is legal entity and is disjointed from shareholders and owners. Before integrating it is better to seek legal advice as you will non be personally responsible for the arrears, duties and Acts of the Apostless of the organisation. In partnership method it is easy to get down partnership as both the spouses has to portion the cost for get downing concern. Share is divided every bit either in direction, net incomes and assets or in losingss and liabilities and debts. It besides has revenue enhancement advantage as you and your spouse has to pay revenue enhancement jointly. But there is no lawful change refering you and your concern. You have to utilize your personal assets to minimise your concern debts. There is a possibility of developing struggles between you and your spouse. You are accountable for the concern determinations prepared by your spouse as it effects you financially for illustration broken contracts. Although in corporate method duties are limited. You can reassign proprietary. Corporation will hold on-going being. It is easier to increase capital in such a concern. Taxs are besides low for an integrated concern. Despite that corporation is purely structured. More dearly-won than partnership or lone proprietary. There is a opportunity of struggle between managers and stockholders. Residency of manager can besides make job It means that if we switch from one to another so possibly we face some jobs and failing at some points and on the other manus we besides find some strength and net income in some points. For illustration in partnership there are more than one concern proprietor while in corporation there is merely one proprietor. It means that it is hard to reassign ownership so we consider it as disadvantage. While in corporation it is advantage as it is easy to reassign ownership in it. 2- Describe potency bureau conflicts that can originate when engaging a direction squad and suggest possible solutions. When chief hires some agent to execute a undertaking, it is set uping an bureau relationship. But when the incentives of the negotiant do non aline with those of the principal this consequences in bureau struggles. There are two primary bureau relationship:Directors and investorsDirectors and creditorsShareholder versus Directors:Conflict between directors and investors/ shareholders arises when directors holds less than 100 % of the company’s common stock.Sometimes director may do some determinations that brush with its best involvements of the shareholder for illustration directors may progress their organisations to get away a coup d'etat effort to increase their personal occupation safety. Though, a coup d'etat may be in the shareholders ‘ finest involvement.Stockholders versus creditors: Creditors decide to impart money to a house centered on the hazardousness of the company, its investing construction and its possible investing construction. These all issues will upset the company ‘s latent hard currency flow, which is a creditors ‘ chief concern. Though, shareholder have control on such determinations along with the directors. As shareholders will do picks founded on their ain best involvements, a possible bureau job takes topographic point between the shareholders and creditors. For illustration, directors could borrow money to buy back portions to maximise stockholder return and decreases corporation shareholder’s base. In this instance Muhammad would wish to engage a squad with cosmopolitan accomplishments indispensable to implement his concern visual image. May be he has to confront troubles sing direction squad as this is wholly new to the company and doesn’t know everything about company. Its mean that he should depict everything about company and so they besides have to make up one's mind either they want to work with you or non and this will besides consequences in wastage of clip to finish his undertaking. Harmonizing to my point of position it is better to develop your hired squad and topographic point strategy and functions for all and sundry should involvement to meet the company objectives. 3- Determine the sum of hard currency the company would bring forth from. Does it count to the company whether the portion monetary value rises subsequent to the IPO? Who benefits from an addition in the company ‘s portion monetary value? The sum of hard currency the company is traveling to bring forth is 5 million issuing portions at BD4. 5 ten 4=20M. Its affairs to the company whether if the portion monetary value is increased following to the IPO ( initial public offering ) . Raising money requires high portion monetary value for any company. As that will let them to publish less portions for sum they want. And if portion monetary value beads so they had to publish more portion on the same sum therefore when portion monetary value additions net income additions and when portion monetary value lessenings net income lessenings and therefore loss takes topographic point. Basically in IPO ( initial public offering ) or APO ( extra public offering ) status investors propose a auxiliary figure of portions of equity in the concern. These portions are all equal so when you buy a portion from company it means you are purchasing some fraction of the company equivalent to that of anyone else who grips one interest of that company. The amount of all portions is equal to full value of that company. Now all these portions are non for public. Largely companies have the bulk of the portions possessed by little figure of pull offing involvements. Now when company want to do money high portion monetary value at the clip of issue is best instance. As company make money when portion merchandising is in its initial phase as when it moves towards 3rd party so company will non acquire any net income. And besides the worth of stock flexible joint on on its demand in market. Fewer portion of the company available in market more the cost it consumes. So the shareholder and stockholders will be successful to acquire net income from an addition in the company’s portion monetary value at its primary sale. As after that it will travel towards 3rd party and the net income of that portion goes to the marketer non to the company. 4- Do you see a trade-off between a company ‘s focal point on portion monetary value maximization and the attachment to societal and ethical criterions? Business moralss are applied in order to vouch that a definite required degree of trust exists between consumers and several signifiers of market members with traffics. For illustration, a portfolio director has to give the same attending to the mixtures of household members and little separate depositors. Such Acts of the Apostless show that public is treated reasonably as investors and stockholders are treated. Yes I see a trade-off between company’s focal point on portion monetary value maximization and the attachment to societal and ethical criterions as in addition in the monetary value of goods and services effects the societal and ethical criterions. That’s mean those clients who have limited net incomes will affected by the company. As to increase company net income it is good to maintain cheque and balance between company’s need and customer’s demand. If you increase portion monetary value so off class it will non be low-cost by low monetary value investors or low income populace. This will bring forth a negative consequence on common public. To maintain interact with common public it is our duty to understand their demands besides. So there are many ways to get the better of such state of affairss. You can present more such offers to fulfill low income consumers. So for this via media takes topographic point between company portion monetary value maximization and attachment to societal and ethical criterions. Mentions: complete usher to corporate finance. ( n.d. ) . Retrieved from www.investopedia.com: hypertext transfer protocol: //www.investopedia.com/walkthrough/corporate-finance/1/agency-problem.aspx stackexchange. ( n.d. ) . Retrieved from personal finanace and money: hypertext transfer protocol: //money.stackexchange.com/questions/16491/how-does-a-high-share-price-benefit-a-company-when-it-is-raising-funds Retrieved from reply: hypertext transfer protocol: //www.answers.com/topic/business-ethics

How does inequality help us understand democratization Essay

How does inequality help us understand democratization - Essay Example Economic inequality is the contrasts between the economic conditions of different persons or various groups (2). Kelly argued that inequality is social differentiation accompanied by differential moral evaluation. According to him, it is clear that inequality is present when socially differentiated groups are subject to cultural evaluations of moral worthiness (473). Inequality helps us understand the need and relevance of democracy and thus to understand democratization. Many researchers have questioned whether more democracy is a cause of more equality or more equality is a cause of more democracy. Evidences and theories show that inequality has negative influences on a democracy and thus inequality helps us understand the need for democratization. Democracy can remain powerful only when there is social stability and people are free from intense conflict. Inequality has always been a key to social anarchy and social conflicts. According to Muller, income inequality has negative impacts on a country’s level of democracy and it is grounded in the theoretical preposition that extreme inequality generates intense and irreconcilable conflicts that are in turn incompatible with stable democracy (990). Muller concluded with his empirical findings that higher levels of inequality were a reason to decline the levels of democracy during the period of 1965 to 1980 (991). Midlarsky argued that in the cross national literatures, economic equality, democratization and economic development are positively related. According to him, the evidences have proved that political participation and democratization are greater at higher levels of economic development (110). As long as there is high level of equality in a community, the political involvement and democratization will gradually grow and then to achieve economic development as well. If there is higher level of inequality, in contrast, the economic development will be comparatively lower.

Water Privatization in Argentina Essay Example | Topics and Well Written Essays - 1250 words

Water Privatization in Argentina - Essay Example Owing to the presence of outstanding externalities, there is the need for the proper elimination of sanitation residuals that taint the sector. Water privatisation seeks to participation of the private sector with regard to provision of sanitary and water services to residents of the said region. The concept of water privatisation has remained controversial the world over, with the proponents presenting the efficiency and quality services delivered. Privatisation in the water industry often entails three aspects namely outsourcing, design, building and operation, and asset sale. This way, private companies can be contracted to provide various water and sanitary services in accordance to the stipulations agreed on. The companies are often required to design, build and operate a comprehensive system for the dispensation of water services to residents. The process also involves the release of government-owned assets or companies to the private sector for running and maintenance. This pa per seeks to highlight water privatisation in Argentina with regard to history and aspects relating to effects in the society. Privatisation was widespread throughout Latin America in the 1990s including Chile, Brazil, Bolivia, and Argentina to name but a few. During the early 1990’s privatization of services and liberalization of exchange and trade systems was regarded as an easy solution to the problems of deteriorating infrastructure and unbalanced public finances. These changes contributed to economic stability and increased growth as part of a program of direct foreign investment that began in 1995 until the late 1990’s when political instability and social tensions affected economic performance. Argentina forms a prime example of privatisation in the water sector that received backing from the International Monetary fund and the World Bank (Huey, 2010). The period between 1991 and 1999 saw the successful privatisation of water and sanitary services in Argentina t o covering 60% of the population in 28% of the countries municipals. Previously, water services had been under the management of public enterprises at the provincial level and as such, the government had no jurisdiction with regard to privatisation (Galiani et al, 2005).Under these circumstances, the country relied on a single company, ObrasSanitarias de la Nacion (OSN), to deliver water and sanitary services. The company held the largest operation in its mandate with regard to infrastructure and clientele. Seeing the need for change in the status quo, the World Bank exerted pressure on the Argentine government to decentralise the services (Olleta, 2007).The privatisation of OSN came about three years later after the initial appointment following restructuring changes that were required. A French company through its subsidiary, sought to purchase the government-run water company and establish a new company by the Aguas Argentinas. This move was aided by the World Bank who has stakes in the consortium as it funded the company in support of the comprehensive privatisation program. The company was charged with task of supplying clean water to the citizens as well as transporting and treating sewage. The company made returns on their investment and was regarded as a success owing to their enormous profits (Public Citizen, 2003). The concession contract was, however revoked in 2006 after 13 years of services to the citizens; with the main reason believed to contribute to the cancellation of the concession was the economic crisis in the years following 2000. The government argued that the company failed to achieve its targets as cited in the contract with regard

Renewable Energy Wind Farms Essay Example | Topics and Well Written Essays - 1000 words

Renewable Energy Wind Farms - Essay Example With the limited nature of non-renewable resources, alternate renewable energy needs to be harnessed in order to fill the energy gap made as these non-renewable resources are depleted. Renewable energy sources include geothermal, biofuel, wind, hydroelectric, wood, solar thermal as well as and photovoltaic, and biomass sources. Renewable energy production across America varies state by state (Vaseashta et al., 2005). The intent of this exploration paper is to discuss why renewable wind energy is safer, cheaper, and cleaner than cleaner than fossil fuels. In addition, renewable energy production in replacing depleting nonrenewable resources can increase energy independence (at state as well as national level) and reduce risks of climate change associated with energy pollution of fossil fuels. Thanks to advances in technology, wind is becoming the fastest growing energy resource globally. Wind power is environmentally safe and does not produce atmospheric emissions or greenhouse gases (Hau, 2012). The main salient description of wind technology is that it is renewable, free, and can be efficiently captured. Renewable energy is important and meets population needs. This refers to job creation, economic demands, and energy security (Quaschning, 2005). Regarding cost deployment, a few issues have to be taken into consideration, the cost of renewable energy, the capacity of renewable energy and lastly the impact of renewable energy. It is argued that alternative energy is not cheap. When it comes to wind energy, the renewable resources are usually located in remote areas, and it is expensive to build power lines to the various cities. The usage of renewable sources is limited in that they are not always available, for instance, solar power is reduced on cloudy days, calm days reduce wind power and drought reduces water availability for hydropower.

Ha Jin and James Lasdun Short Story Arguments Essay

Ha Jin and James Lasdun Short Story Arguments - Essay Example His Parakeets." It is a story about the bird Bori where a composer Fanlin was left by his actress girlfriend and was later attached to parakeet bird whom he derived inspiration. At first he did not like the bird but grew attachment to it until the bird died. He was devastated and in his attempt to re-know the bird, he revived Boris through his composition which now flow spontaneously after the death of the bird. Support, defend, or complicate the assertion that Martin (from "The Half Sister") would be wise to marry Charmian because settling with the "monster woman" is the best thing this failed loner can do at this point of his bereft existence.   There is a saying that misery loves company but it may not be advisable in this case if Martin already feel bereft of his existence. The Charmian is the Priestess of Broken Dreams who is more lonely than Martin and marrying her would make him more miserable. Martin did not know that it is the Charmian who lured him into her lonelier world. So it is the other way around, it would be the best thing that would happen to Charmian to marry Martin she being lonelier than him. Martin will never be happy with a chimera because a chimera is a symbol of a broken dream. Support, defend, or complicate the assertion that Stewart (from "The Natural Order") should be praised for staying youthful, defying dreary domestic conformity, and keeping the excitement of Eros alive in his life.   Stewart the satyr is an envy of man. He is a symbol of eternal youth and unlimited possibility. His sexual prowess is also towering. When these characteristics of Stewart is contrasted to the characteristic of the disable Martin who have no choice but to have domestic contentment because of his condition, these characteristics will naturally standout as something to be desired but cannot be entirely have because it is an exclusive domain of mythological characters such as chimera. Lasdun’s character are not too weak and helpless to be

ATM Skimmers Article Example | Topics and Well Written Essays - 250 words

ATM Skimmers - Article Example The device is used for reading the magnetic strip of the ATM card; when the user passes the ATM card through the slot, unknowingly. These devices are usually used together with a miniature camera; that is attached to the ATM, and is used for reading the pin of the user. Another ATM skimming technique entails the criminals using a keypad overlay, which is similar to the legitimate ATM keypad, below it. When the customer operates the ATM machine, the fake keypad overlay is pressed, and the fake keypad records and wirelessly transmits key log details of the entered PIN. The device or devices illegally installed on the ATM are also referred to as skimmer (Hassibi, 2010). Recently installed ATMs have a picture of the genuine slot and keypad. This will effectively enable the consumers to detect attached foreign devices. The consumers should report detection of foreign devices attached on ATM to law enforcement officers or the financial services provider. Financial regulators must strive to minimize ATM skimming, so as to minimize financial losses and legal suits by affected consumers. This can be done through applying sophisticated algorithms to study the patterns of fraud. Financial services providers must also ensure the physical and technological security of their ATM

Strategic Management in the Airline Industry Assignment

Strategic Management in the Airline Industry - Assignment Example In the last couple of decades, the advent of low-cost carriers has reinvented the airline industry. These efficient carriers offer no-frills service to travellers flying point-to-point short haul routes utilising efficient ticket distribution through direct internet offerings and utilise standardised short haul aircraft with quick gate turnaround times to maximise aircraft utilisation. South West Airlines is the pioneer in this segment in the US and EasyJet is the industry leader in this segment in Europe. Other significant players in this segment include Jet Blue in the US and Ryan Air in Europe. The 9/11 tragedy, did cause a slump in the airline industry, but also gave valuable lessons. All the major airlines slowly woke up to the inefficiencies in their models and started drastic cost cutting measures translating into better operational efficiencies and improved margins in order to avoid slide into bankruptcy. The low cost airlines were the only ones that were able to manage the downturn due to their business models. The major overhaul in the restructuring has gone a long way in changing the face of the aviation industry. Deregulation opened up the skies and brought in more players increasing the competition many fold. Consolidation is the name of the game and slowly the industry will consolidate into three or four major players and their improved synergies will end up contributing to a stronger airline. This focus on regional traffic will allow low-cost carriers to focus on their niche markets and improve their market share. The low-cost market is less mature in the Europe than the U.S.A, therefore there is more scope for newer routes to be opened up, and newer destinations charted out for a few years before the restructuring and consolidations occur. From the legacy days of large airline companies monopolising the market place, the airline industry has fast become a price-sensitive industry. In the post September 11 era, the airline offerings are more commodity-like, with players who offer the lowest price and efficient services being the most profitable survivors. Most large full service airlines have been facing the brunt of the decline and are fighting for survival, trying to get out of multi-billion dollar losses and bankruptcies. (Source from website: http://www.findarticles.com/p/articles/mi_qa3884/is_200509/ai_n15613234) In this changed landscape emerged the no frills airlines segment, which have achieved rapid growth in market share into the short haul European market. EasyJet, brainchild of Stelios Haji Ioannou, the son of a Greek shipping magnate who founded the company, based on the low cost, no-frills model of the US carrier Southwest, started in 1995. EasyJet is based on short haul air transport in a price in-elastic target segment and based on the concept that is that if prices are reduced, more people will fly. EasyJet flies to 33 locations in Europe with a fleet of over 120 aircraft and sells over 95% of its tickets through the Internet. It's the leading player in the low cost market after the acquisition of "GO"(A no frills subsidiary of BA), closely followed on its heels by rival Ryanair which has now acquired "Buzz" (a subsidiary of KLM) and expanding as well. Virgin Express of Virgin airlines and British Midland's BMI baby are all competitors in the "no-frills" sector. (Source: Case stud y EasyJet-The spectacular

Drinking and Driving in the United States Essay

Drinking and Driving in the United States - Essay Example Overview Drunk driving is an avoidable problem especially with self responsibility. Increasing number of arrests might have little to do against this offence. Alcohol tends to damage the Central Nervous System of an individual. When the BAC level is at .10 percent the ability to take proper decisions gets damaged and the drivers lose control on the steering. He lacks the alertness necessary to understand if a danger lay ahead in the street and the response time is delayed. The vision is also disturbed due to a high BAC level. In some cases there might be difficulty in understanding the traffic signal colors and the capacity to differentiate them (Goodenough, Wallance and McGuire, 12-15). Drunk drivers might also face the problem of driving safely during the night or redeem from the glare of light in minimum possible time. Under such situation and in the absence of self awareness is an individual the enforcement of the law comes to play a role. However apart from the level of enforcem ent, it is important for the public to know the laws. Background Any decision of a driver which is impaired by alcohol intake can result in danger for others or the driver taking abnormal risks. It might lead to the driver taking improper turns and misjudgments regarding the speed and the right roads. Jerky movements and sharp turns might result owing to drunk driving. This might alarm the other travelers or the normal drivers. In US a Blood Alcohol Content (BAC) of .08 or more is considered to be above the legal ceiling in all the states (NHTSA). As per the NHTSA findings, in 2003 less than 9 percent of the drivers with a BAC of 0.08 percent or more and involved in crashes involving deaths were repeat offenders of drunk driving who were under one or more accusations of DWI (driving while intoxicated) – â€Å"Drivers with a BAC of 0.08% or higher involved in fatal crashes were eight times more likely to have a prior conviction for DWI than were drivers with no alcohol in the ir system.† (CDC; Wren) Position statement: Drunk driving being a criminal offence in US, is one of the major causes of deaths due to motor accidents in the country. Appeals and Evidence In the United States of America drunken driving is included under the specific criminal offence of DUI or Driving Under Influence. The most striking as well as pitiful information that makes it justified to regard drunk driving as a criminal offence is that in 2008 deaths due to dunk driving contributed to 32 percent of total car accidental deaths in 2008. According to National Highway Traffic Safety Administration in 2007 amongst the motor vehicles related fatal accidents around 32 percent were the outcome of alcohol impaired driving especially with drivers having BAC of .08 or more. During the span 1995 to 2006 incidences of injuries related to motor vehicle collisions admitted was 8272 out of which motor cycle and mopped crashes contributed to 12 percent and amongst them 24.5 of the motorcy clists and 39 percent of moped operators were impaired by alcohol (Christmas, Brintzenhoff, and Schmelzer, 305). When notes in absolute terms, the total deaths come to 37261 and 11773 were due to drunk driving. During the night the drivers were more likely to drink and hence death

Development of English Lit During Any One Period Essay Example for Free

Development of English Lit During Any One Period Essay Trace the development of English lit during any one periodAs part of your discussion highlight how significant events in the influence the writingAdditionally show how characteristics of the genre the writer uses reflects the period in which it was written. James Arthur Baldwin once stated that: know from whence you came. If you know whence you came, there are absolutely no limitations to where you can go. This quotation may apply to the span of the Anglo-Saxon period because of the coherent linkage to the origination of the English dialect and the modernization of English Literature. Over the years English literature has evolved greatly. There have been diverse changes to the structure and development of English language since the advent of Old English dialect during the Anglo-Saxon period to what we now speak and consider to be English language. â€Å"Old English is not uniform. It consists of various dialects, but literature needs to treat it as a language† (Michael Delahoyde.) Research has proven that around the world there are over one hundred (100) variants of English, from different American-English dialects, to those of Asia, Africa and Oceana. It is important for one to know both the origin of this powerful masterpiece known as the English Language and the importance of this literary period to the development of English literature. In attempting to do the aforementioned, the focus will be on the Anglo-Saxon people, their society, culture, and literary work with a view towards highlighting the impact on the development of the English language and English literature. The Anglo-Saxon or Old English period goes from the invasion of Celtic England in the first half of the fifth century (AD 700) up till the conquest in 1066 by William of Normandy. The Anglo-Saxons consisted of diverse ethnicity that forms one nation. There were three main ethnic groups that formed the Anglo-Saxon. These are: Angles from Angel in South-West Denmark, Saxon from North-West Ger many, and Jute from Jutland in Central Denmark. These three main ethnic groups have made up most of the Anglo-Saxon society. However; smaller group of people from Germanic ethnic group were also associated with the Anglo-Saxons. These people shared the same language but were each ruled by different strong warriors who invaded and conquered Britain while the Romans were still in control. The Angles and the Saxon tribe being the largest of the groups when attacking other ethnic groups were often called the Anglo-Saxons. England which means the Land of the Angles was a name given after the Anglo-Saxon. A writer describes them as: â€Å"A warrior society that put swords and shields before fancy artifacts. Helmets were placed before gold and death before dishonour.† The Anglo-Saxon was a pagan society and the people were initially free; however, life for even the richest of the social groups was very hard. The Anglo-Saxon society had three social classes. There was an upper-class, middle class and a lower class. The Anglo-Saxon upper class was the Thanes. They would give gifts like weapons to their followers and they enjoyed hunting and feasting. The churls were the middle class in the Anglo-Saxon Society. Some churls were wealthy people while some were very poor. The lower class was slaves called Thralls. The churls and the Thanes were owners of Land. However, some churls had to rent land from a Thane. They would then work the Thane land for part of the week and give him part of their crops in exchange for rent. â€Å"The basis of society was the free peasant. However in time Anglo-Saxon churls began to lose their freedom. They became increasingly dependent on their Lords and under their control (Tim Lambert.) Researches have indicated that most Anglo-Saxons were primitive subsistence farmers. It has also being proven that some of the men were craftsmen. The farmers grew wheat, barley, peas, cabbage, carrots, rye and parsnip. They reared animals such as pigs, cattle and flocks of sheep. The craftsmen were blacksmith, bronze smith, jewelers and potters. Their homes were made with wood and have thatched roofs. Anglo-Saxon society was decidedly patriarchal, but women were in some ways better off than they would be in later times. â€Å"A woman could own property in her own right. She could and did rule a kingdom if her husband died. She could not be married without her consent and any personal goods, including lands that she brought into a marriage remained her own property. If she were injured or abused in her marriage her relatives were expected to look after her interests† (David Ross.) The women were responsible for grounding of grains, baking of bread, brewing of beer, making of butter and cheese. During this era it was dangerous to travel; thus, most people would travel only if it was unavoidable. If possible they would travel by water along the coast or along the river. During the early Anglo-Saxon period England was a very different place from what it is today. The human population was very small. They grew their own food and made their own clothes†¦ The lord and kin had the strongest ties in the Anglo-Saxon society. The ties of loyalty were to the person of a lord. There was no real concept of patriotism or loyalty to a cause. â€Å"Kings could not, except in exceptional circumstances, make new laws. Their role instead was to uphold and clarify previous custom. The first act of a conquering king was often to assure his subjects that he would uphold their ancient privileges, laws, and customs† (David Ross.) One of the most famous kings during the Anglo-Saxon period was Ethelberht, king of Kent (reigned c.560-616). He married Bertha, the Christian daughter of the king of Paris, and who became the first English king to be converted to Christianity. â€Å"Ethelberhts law code was the first to be written in any Germanic language and included 90 laws. His influence extended both north and south of the river Humber: his nephew became king of the East Saxons.† (The Royal Household) Kinship was very important in the Anglo-Saxon society. If you were killed your relatives would avenge you. If one of your relatives were killed you were expected to avenge them. However the law did offer an alternative. If you killed or injured somebody you could pay them or their family compensation. This led to bloody and extensive feuds. The money paid was called wergild and it set a monetary value on each persons life according to their wealth and social status. The wergild for killing a thane was much more than that for killing a churl. Thralls or slaves had no wergild. If the wergild was not paid the relatives were entitled to seek revenge. The wergild value could also be used to set the fine payable if a person was injured or offended against. Robbing a thane called for a higher penalty than robbing a churl. On the other hand, a thane who thieves could pay a higher fine than a churl who did likewise. The Anglo-Saxons enjoyed storytelling, riddles and games. Most Anglo-Saxon poetry emerges from an oral tradition and was meant for entertainment. These works include genres such as epic poetry, hagiography, sermons, Bible translations, legal works, chroni cles, riddles, and others. Poets were known as Scops and harpists Gleemen. They would sing or recite and were the only historians of the time. The poetic structure was based on accent and alliteration (not rhyme and meter). The minstrels and gleemen would entertain the lord and his men by singing and playing the harp. Michael Delahoyde from Washington State University stated in an argument that â€Å"We get our syntax from the Anglo-Saxons, our preference for and greater ease with nouns, the tendencies to simplify grammar and shorten words, and the law of recessive accent the tendency to place the accent on the first syllable and to slur over subsequent syllables. The poem Beowulf, which has achieved national epic status in England and Judith, are among the most important works of this period. Other writings such as the Anglo-Saxon Chronicle are significant to the study of the era, as it provides preserving chronology of early English history, while the poem Cà ¦dmons Hymn to date survives as the oldest ext ant work of literature in English. Researchers have suggested that there are twelve known medieval poets as most Old English poets are anonymous. Only four of those are known by their vernacular works to us today with any certainty: Caedmon, Bede, Alfred the Great, and Cynewulf. Of these, only Caedmon, Bede, and Alfred the Great have known biographies. The epic Beowulf reflects the era that it was written in greatly as it speaks immensely about pagan deities, a Christian tradition and about a warrior society. A writer describes it as â€Å"the symbol of the antiquity and continuity of English poetry.† â€Å"Several features of Beowulf folktale and the sense of sorrow for the passing of worldly things mark it as elegiac†¦The Germanic tribal society is indeed central to Beowulf. The tribal lord was to ideals of extraordinary martial valor†¦Ã¢â‚¬  (David Damrosch, pg 27). The poet careful use of varied themes and techniques such as alliterations â€Å"as a structural principle† (pg27), litotes, compound words, repetitions, nobility, heroic glory and distribution of gifts highlighted the way and life of t he people of that era. Beowulf highlighted the Christian traditional beliefs of the Anglo-Saxons people by pin pointing the beliefs that God is the creator of all things and the ruler of the heavens. Throughout Beowulf, whenever any great men manage to achieve heroic feats, the narrator will be careful to attribute their prowess to Gods favor and divine plan. â€Å"He knew what they had toiled, the long times and troubles theyd come through without a leader; so the Lord of Life, the glorious Almighty, made this man renowned.† (Beowulf 12-17) Beowulf complex religious background reflected the era of the Anglo-Saxon people. The description of the creation shows an unusual mishmash with the pagan imagery of the demonic beast â€Å"Grendel† and the Christian imagery of a caring God that creates all things. â€Å"Then a powerful demon, a prowler through the dark, nursed a hard grievance. It harrowed him to hear the din of the loud banquet every day in the hall, the harp being struck and the clear song of a skilled poet telling with mastery of mans beginnings, how the Almighty had made the earth a gleaming plain girdled with waters; in His splendour He set the sun and th e moon to be earths lamplight, lanterns for men, and filled the broad lap of the world with branches and leaves; and quickened life in every other thing that moved.† (86-98). Beowulf invokes the values of the warrior society of the Anglo- Saxon period in several ways. During the Anglo-Saxon period the relationship between the warrior and his lord consisted of mutual trust; loyalty, and respect. There was a symbolic importance of spiritual materials which entails giving of honour/worth, and the value of ultimate achievements which was a visible proof that all parties are realizing themselves to the fullest in a spiritual sense. These values are all highlighted in the epic Beowulf. Beowulf also reflected the value of kinsmen to exact wergild (man-price) or to take vengeance for their kinsmens death. The need to take vengeance created never-ending feuds, bloodshed, a vast web of reprisals and counter-reprisals (a strong sense of doom). These aspects of the Anglo-Saxon warrior society was highlighted in a fatal evil aspect one of such was Grendel and the dragon in undertaking to slay Grendel, and later Grendels mother, Beowulf is testing his relationship with unknowable destiny. Whether he lives or dies, he will have done all that any warrior would do during that period. The oldest surviving vernacular text in English is called Hymn and was written by Caedmon who is best-known and considered the father of Old English poetry. This poem is an example of pagan and Christian fusion in order to promote Christian themes in a pagan society. Caedmon’s hymn is recorded in Bede’s Historia Ecclesiastica, and marks the beginning of tremendous developments within textual transmission and the heroic genre itself. â€Å"Caedmon’s Hymn may be regarded as an early forerunner of the dream vision narrative. This style of poetry is formulated by an individual who has experienced a dreamlike revelation within which they are guided by an authoritative figure; in Caedmon’s case this figure being God. The â€Å"hero† discussed within the poem is perhaps unconventional in modern terms, but just as the Gods of classical literature were seen as heroes within their cultural context, so too does the Christian God in Caedmon’s Hymn represent a hero to the people of Caedmon’s culture. The poem features heavy use of stylistic features archetypal of Anglo-Saxon poetry.† (Tiarnan O Sullivan.) Caedmon had lived at the abbey of Whitby in Northumbria in the 7th century. Only a single nine-line poem remains. â€Å"Now let us praise the Guardian of the Kingdom of Heaven Works Cited The Anglo-Saxon Kings. N.p., n.d. Web. 29 Nov. 2012. http://www.royal.gov.uk/HistoryoftheMonarchy/KingsandQueensofEngland/TheAnglo-Saxonkings/Overview.aspx. Anglo-Saxon Poetry. New World Encyclopedia. N.p., 11 Oct. 2012. Web. 15 Nov. 2012. http://www.newworldencyclopedia.org/entry/Anglo-Saxon_Poetry. Baldwin, James A. à ¢Ã‚€Å“Know from Whence You Came. If You Know Whence You Came, There Are Absolutely No Limitations to Where You Can Go.à ¢Ã‚€Â . Goodreads. N.p., n.d. Web. 12 Nov. 2012. http://www.goodreads.com/quotes/14373-know-from-whence-you-came-if-you-know-whence-you. Beowulf. Beowulf. Georgetown University, n.d. Web. 29 Nov. 2012. http://www.eng.fju.edu.tw/iacd_99F/medieval_lit/data/Beowulf.htm. Damrosch, David. Beowulf. The Longman Anthology of British Literature.

Competitive advantage of Firms in Global Industry

Competitive advantage of Firms in Global Industry THE COMPETITIVE ADVANTAGE OF FIRMS IN GLOBAL INDUSTRY Introduction First and foremost, the important aspect to note and to discuss is the creation and sustainability of competitive advantage of multinational enterprise in the Global world and how strategies formed by each firm contributes to competitive advantage. Strategic competition An industry regardless is a combination of group of competing companies providing services or products that compete directly with each other. Products are encircled by strategically oriented industries especially if they have similarities in competitive advantage. The industries who share the same consumers, technologies, production channels, and etc. have their distinct way of competitive advantage requirements. Multinational enterprise competition is either won or lost depending on how successful their strategic competitive advantage favors them. The industry is an open avenue where multinational enterprise can compete with each other. Firms use competitive advantages to sustain and maximize profit for themselves although, there is no best competitive advantage but only the strategic means that is in favor of the firm succeeds. There are two major aspects to be considered while choosing a firms competitive advantage. The structure of the industry where the firm competes. The industrial competitiveness differs to each other, so for sustainable profits, not all industries offer same opportunities. Positioning within an industry: competitive positioning is very important but some multinational enterprise in a highly attractive industry may still be in difficult situation and might not have earned satisfactory profits if it has not chosen the right competitive positioning. Changes in the structure or entry barrier of industry can influence the attractiveness of the industry. Analytical structure of industry There are five competitive forces that explain what multinational enterprises undergo in order to compete with each other in the industry. They are as follows: The threat of new entrants into the industry The threat of substitute products or services of another firm Suppliers bargaining power Buyers bargaining power Rivalry among the existing competitors The performance and the profitability of each multinational enterprise are determined by the strength of the above mentioned five forces. Many industries where by the five forces favors them performs profitably well with great invested capital returns such as soft drinks, database publishing, pharmaceuticals etc. Whereas, industries which experiences pressure from one or more of those five forces tends to struggle and few among the firms in the industry realize profitability for a long term. The five forces are the basic tools used in determining the profitability of the industry because the prices firms charge are controlled by these forces and likewise the cost they have to bear and above all the investment required to competing in the industry. for instance, when a new entrants surfaces, there would be limits to the overall profit potential in the industry due to the fact that new entrants would bring fresh capacity and would look for market share pulling down margins. Higher cost of competitiveness brings about more profits for example, advertising, sales expense or passing on profits to customers in form of lower prices. Competitors tend to lower the price they charge on of products due to the presence of close substitute products. The structure of the industrys function is determined by the strength of each competitive factor for instance, the extent at which an enterprises sales is at risk to any one buyer and the issue of price sensitivity. This is regarded as buying power. Multinational enterprise can use their strategy influence the five forces to raise barriers of entry for instance the introduction of computer information to airline industry has raised the entry barrier as any new enterprise would require investment in hundreds of millions of pounds. Industrial structure varies and are different to each other depending on the type of industry it is such as the pharmaceuticals where barriers of entry is very high and difficult to penetrate due to the need of huge fixed research and development costs and economies of scale in selling to physicians. Getting and developing a substitutes and effective to drugs is not an easy task. The structure of the industry creates differing requirement for success such as differing skills and resources in different industries. Furthermore, multinational enterprise must be structurally attractive in the industry with sustainable entry barriers such as technology, skills, channels access and reputation of brand/product. Factor that might affect competitive advantage of multinational enterprise is the standard of living which would depend of the capacity of the firm to penetrate structurally attractive industries. Structural change helps competitiveness and creates opportunities for competitors to penetrate new industries. Structural change creates avenue for competitors to penetrate industries. A good example is the American dominance of IBM and Xerox, the firm was challenged successfully by a Japanese copier company due to underserved product segment such as small copier, using a new approach to the consumers by using dealers instead of direct sales, mass production of goods and pricing approach was modified. This strategic approach reduced the entry barriers and had a negative implication on the previous leaders (American firm) advantages. Positioning within industries According to Porter, at the heart of positioning is competitive advantage therefore for multinational enterprise to achieve success, they must possess a sustainable competitive advantage the two types of competitive advantages by Porter are as follows: Lower cost: this means being able to design, produce and market similar product more efficiently than other competitors. For example the Korean steel and semiconductor firm was able to produce at a very low cost, using low-wage but highly productive labor force and a modernized process. Differentiation: the ability to maintain quality and unique and superior value to consumers. From: http://tutor2u.net/business/images/competitive_strategies.gif Competitive Advantage Creation Competitive advantage would be shifted by innovation if multinational enterprise fails to perceive a new way of competing or are not able to respond to competition. For e.g. the Swiss watch producers were unable to identify the competitive advantage of Timex an American company due to the fear of low quality production whereas the American Timex mass produced inexpensive disposable watch. Causes of competitive advantages are: New technologies: some multinational enterprises steeped in an old technological paradigm cannot cope with this New and shifting consumer needs: in order to meet the needs of consumers firms might need to adopt a new value chain which might be difficult for some firms. For example the American fast food firms were able to gain competitive advantage over local restaurants due to this. Shifting cost: firms may find it difficult to compete as cost of production changes. New entrant /new industry segment: Government regulation changes: government may change her regulation such as the standard required for each products. This might be a barrier for some firms to compete. Highlights of factors affecting multinational enterprises There are two major types of factors affecting multinational enterprise. Internal factors External factors Internal factors include: Political parties Suppliers Buyers Competitors Consumer of respective country External factors include: Political environment, Legal environment, Socio-cultural environment Demographic conditions of respective country FURTHER EXPLANATION ON THE PROBLEMS FACING MULTINATIONAL ENTERPRISE The supply chain of multinational companies can be made richer and promising, the cost of work force which is high could be changed or transformed and potential markets can be expanded. Furthermore, the advantage of multinational enterprise competition can be made stronger in a global market. Otherwise, some problems are met in the changed environments in foreign countries at the same time. The changed environments can be divided into four main parts, such as the following: Difference in culture Factors occurring in the environment Legal issues in environment Economic environment Political system issues All the changed environments make problems to multinational companies. In particular, problems which are caused by changed culture environment are the most serious aspect of running a multinational business. Cultural Competitive Advantage The norms and values of a country contribute to the cost and influence the cost of doing business in that country and likewise, the cost of doing business in a country enhances the strength of firms competitive advantage in an international market. For instance, the Hindu does not support capitalism as the ethics embedded in the Protestantism and the Confucianism furthermore, the Islamic laws disallowing interest payments mat raise the cost of doing business by constraining a countrys banking system. The example of Japans cultural influence of competitive advantage on international business cannot be over emphasized due to its ability to lower the cost of doing business such as group affiliation, loyalty, reciprocal obligations, honesty, and education which has contributed to the success of the countrys competitive advantage. In comparison of Japan and American firms, it has been argued that Japan is not in support of entrepreneur whereas the Americans are which has made it possible for the American firms to dominate companies that are in support of entrepreneurial activities such as biotechnology and computer software. Maintaining Economic Competitiveness Factor bestowal/benefaction As argued by Michael Porter, according to Heckscher-Ohlin theory, governments investment in education would go a long way to help the country by giving a good and proper education and skills to a larger population in the country. A good example is Japan, the secrete behind her success is the provision of quality education to a larger number of her population, which has tremendously maintained, contributed and helped her competitive advantage. Status of demand The status of home demand has a major role to play in the production of domestic products which enables firms to be innovative and aspire for quality. Japaneses quality camera production is due to the need for consumers demand. Complementing industries The existence of complementing industries would help the strength of its competitive advantage such as the Swedish steel industrys strong competitive advantage due to the production of fabricated steel like ball bearing and cutting tools. Adopted strategy, structure and firms rivals According to Michael Porter argument, the idea developed or employed by each country varies which might or might not help them maintain national economic competition. According to him, the Japanese and the German firms are being dominated by top engineers whereas in the USA, that with good financial background dominates the firms. He further argues that the USAs loss of power in the engineering dominated firms was due their adopted idea. Furthermore, rivals into the industry always bring about ways of improving production quality, cost reduction and innovative ideas which helps firms to compete internationally. Conclusion Michael Porter has very good competitive ideas which could help a firm to compete internationally. References: Richard M.S Wilson and Collingilligan A. (2007) Strategic marketing management, planning, implementation and control 3rd edition. Elsevier limited. Helen Deresky (2006) International Management, Managing Across Borders and Cultures. 5th Edition, USA: Pearson prentice hall. Jan Aart scholte (2000) Globalization, A Critical Introduction, 2nd Edition. Palgrave Macmillan. McGraw-Hill/, (2005) international business: competing in the Global marketplace 5th Edition. The McGraw-Hill/Irwin companies Inc. http://tutor2u.net/business/strategy/global-business-global-strategy.html 4th Jan 2010 http://i.investopedia.com/inv/articles/site/IndustryHandbook1x.gif 5th Jan 2010 http://www.oecd.org/dataoecd/56/36/1922428.pdf 9th Feb 2010 http://www.oppapers.com/essays/Discuss-Management-Problems-Facing-Multinational-Companies/120224 10th Feb 2010 http://tutor2u.net/business/images/competitive_strategies.gif 11th Feb 2010 http://www.articlealley.com/article_183485_22.html 13th Feb 2010

The Impact of the Beatles and the Rolling Stones Upon Music During the

The Impact of the Beatles and the Rolling Stones Upon Music During the 1960's The Beatles were a new band with a difference and this led to their impact in the sixties. They were different because they were producing real music and stepping away from sounding 'like just another band trying to imitate American stars'. Beatles music was 'totally unique, a mixture of rock and roll, Rhythm and Blues and Tamla Motown'. British music had always been dominated from American produced goods but the Beatles introduced abit of their own lives into their music. They talked about where they grew up 'Penny Lane' and brought back some real music for British teenagers, something they could relate to. The Beatles were very good at relating to teenager issues. They talked about many teenager troubles in their songs- love and other issues (such as new issues of manly heartache). Lyrics such as 'I want to hold your hand' and 'I'll cry instead'. The lyrics in 'I want to hold your hand' tell us about a man pleading to a woman 'let me be your man'. Lyrics in 'I'll cry instead' deal with a man who has 'lost the only girl I've had' and in turn cries about this. John Lennon & Paul McCartney wrote all these lyrics so they were more pure and real. They were real with 'youthful energy, style, individuality and distinct personality'. The Beatles also had a unique appearance. In the early years they dressed smartly (in plain black suits with ties) and had the 'squeaky clean image' which made them respectable to the older generation too. They all had mop top hair cuts which were slightly longer hair cuts but were accepted as they were a clean cut style. Earlier ly... ...takings they were charged for 'possessing four tablets containing ' illegal stimulants. They also were arrested for 'assaulting a photographer at Warwick.' Overall they took advantage of bad publicity and as their manager was 'best at exploiting this bad view' they were nearly always in the public eye. This pushed them to go global and the young fan's hysteria also aided to them making a difference. They promoted a rebellion that the teens wanted, and they got. When I asked my teacher her opinions on the band she commented 'they were different, wild. I think I liked them because of their music- whenever I listen to their music it makes me come alive.' http://www.geocities.com/SunsetStrip/Limo/3518/lucy.htm http://www.nostalgiacentral.com/60/60music.htm http://www.lyricsfreak.com/r/rolling-stones/117886.html

Fraternity Gang Rape Essays -- college rape on campus sexual assault

Of 24 documented cases of alleged gang rape by college students, fraternity men perpetrated 13. The problem of group sexual assault on college campuses mainly occurs in an environment where group behavior and acceptance is important to the men involved, i.e. fraternities (Bechhofer & Parrot 144). Looking at the environment surrounding this type of group one can see what causes the prevalence of this type of assault in fraternities. Why does this violence occur within these groups and how is it handled? The dynamics involved in the fraternity’s system causes a â€Å"group-think† mentality that promotes and sometimes causes group sexual assault. This group influence, along with the fraternity’s selection of men and their adherence to traditional sex role stereotypes reinforces myths of acceptable behavior in men and women and how these play a role concerning consequences.   Ã‚  Ã‚  Ã‚  Ã‚  Specific dynamics come into play when discussing how groups of people who might not otherwise act individually take part in sexual assaults with other members of their group. The theory of diffusion of responsibility suggests that in situations where the presence of others acting in a similar fashion diminishes the feeling of responsibility any individual feels for the harmful consequences of his or her own behavior† (Bechhofer & Parrot ed. 147-148). With respect to fraternities, the brother feels less like his own self and more like he is just participating in something that all his â€Å"brothers† are doing as well. They share the blame. A fraternity brother begins to think of the activity as something his â€Å"brothers† are doing and joins in under the influence of a shared activity. Other things may play into the idea that the assailant is not acting alone and is not solely responsible for his actions.   Ã‚  Ã‚  Ã‚  Ã‚  Deindividuation is a theory of group behavior that refers to a state of loss of self-awareness, including awareness of one’s beliefs, attitudes, and self-standards. This promotes group spirit. In fraternities, Alcohol is used to get group consensus by allowing an escape from one’s self-consciousness. Group loyalty will also cause people in a group to deindividualize by taking on the group’s identity (Bechhofer & Parrot 148).   Ã‚  Ã‚  Ã‚  Ã‚  In an environment such as a fraternity where incoming pledges are looking to be accepted by a group of men who have the power to reject them, they are ... ...3 Hirsch, Kathleen. Fraternities of fear—Gang rape, male bonding,   Ã‚  Ã‚  Ã‚  Ã‚  and the silencing of women. Ms.; Vol. 1; pp. 52-6; S-O   Ã‚  Ã‚  Ã‚  Ã‚  1990. Hummer, Robert A. and Patricia Yancey Martin. â€Å"Fraternities   Ã‚  Ã‚  Ã‚  Ã‚  and Rape on Campus.† Violence Against   Ã‚  Ã‚  Ã‚  Ã‚  Women the Bloody   Ã‚  Ã‚  Ã‚  Ã‚  Footprints. Ed. Pauline B. Bart and Eileen Geil Moran.   Ã‚  Ã‚  Ã‚  Ã‚  California: SAGE Publications, Inc., 1993. 114-129. Koss, Mary P.; Cleveland III, Hobart H. Commentary: Athletic   Ã‚  Ã‚  Ã‚  Ã‚  participation, fraternity membership, and  Ã‚  Ã‚  Ã‚  Ã‚  date rape: The   Ã‚  Ã‚  Ã‚  Ã‚  question remains--self-selection or different causal   Ã‚  Ã‚  Ã‚  Ã‚  processes? VIOLENCE AGAINST WOMEN,V.2, NO.2, JUNE, pp. 180-  Ã‚  Ã‚  Ã‚  Ã‚  190; 1996. ISSN: 1077-8012 Sanday, Peggy Reeves. Fraternity gang rape: sex, brotherhood,   Ã‚  Ã‚  Ã‚  Ã‚  and privilege on campus. New York: New  Ã‚  Ã‚  Ã‚  Ã‚  York University   Ã‚  Ã‚  Ã‚  Ã‚  Press, c1990. Sanday, Peggy Reeves Commentary: Rape-prone versus rape-free   Ã‚  Ã‚  Ã‚  Ã‚  campus cultures. VIOLENCE AGAINST WOMEN, V.2, NO.2, JUNE,   Ã‚  Ã‚  Ã‚  Ã‚  pp. 191-208; 1996. ISSN 1077-8012 Schwartz, Martin D.; Nogrady, Carol A. Fraternity membership,   Ã‚  Ã‚  Ã‚  Ã‚  rape   Ã‚  Ã‚  Ã‚  Ã‚  myths, and sexual aggression on a college campus.   Ã‚  Ã‚  Ã‚  Ã‚  VIOLENCE AGAINST WOMEN, V.2, NO.2, JUNE, pp. 148-162; 1996.   Ã‚  Ã‚  Ã‚  Ã‚  ISSN: 1077-8012

The Minimum Wage Must Be Increased Essay -- Argumentative Essay, Mini

â€Å"Of course, nothing helps families make ends meet like higher wages. †¦ And to everyone in this Congress who still refuses to raise the minimum wage, I say this: If you truly believe you could work full-time and support a family on less than $15,000 a year, go try it. If not, vote to give millions of the hardest-working people in America a raise.† –President Obama, State of the Union address, Jan. 20, 2014 In the 2014 State of the Union address, President Obama called on Congress to raise the national minimum wage from $7.25 to $10.10 an hour, and soon after signed an Executive Order to raise the minimum wage to $10.10 for the individuals working on new federal service contracts. An increase in the minimum wage has been a topic of discussion for many years now, and it looks like this year will finally see the first increase of minimum wage in 10 years. Not everyone agrees that there should be an increase, but many states have already raised their minimum wage rates because of the federal government’s inaction. Iowa raised the state’s wage, and it will rise again in 2016. Clearly there are benefits to a higher minimum wage; the current minimum wage in the United States should be raised because it helps the economy by increasing employment, and it is now at the lowest value it has been in more than 50 years, causing hardship for earners of minimum wage. Many critics claim that that raising minimum wage increases unemployment, especially for unskilled workers, and harms small businesses, including grocery stores and restaurants. The argument declares that companies such as these rely mostly on unskilled workers for labor, and if the minimum wage increases, then their profits and, therefore, hiring would decline, creating a... ...depends for existence on paying less than living wages to its workers has any right to continue in this country...† -- President Franklin Roosevelt Works Cited Batra, Ravi.  Greenspan's Fraud: How Two Decades of His Policies Have Undermined the Global Economy.  New York, NY: Palgrave Macmillan,  2005.   Bernstein, Jared. â€Å"Would Raising the Minimum Wage Harm the Economy?† The CQ Researcher 16 Dec. 2005:1069. Chasanov, Amy. â€Å"No Longer Getting By.† 11 May 2004. Economic Policy Institute. 6 May 2007. . Ehrenreich, Barbara.  Nickel and Dimed: On (Not) Getting by in America.  New York, NY: Metropolitan Books,  2001.   Katel, Peter. â€Å"Minimum Wage.† The CQ Researcher 16 Dec. 2005: 1055-1072. The Value of the Minimum Wage. Economic Policy Institute.6 May 2007. .

The Micromanager

Although George seems to be a nice man, he is really a true micromanager because he can be persistent and stubborn on a lot of things.   Although he would like to think that he is personable, at work, he insists on getting things done in his own way and keeps track of Shelley’s progress in doing it. He also eats up Shelley’s time in making her accompany him to meetings that take her concentration away from true work. Even at home, he can dictate the time his children need to do certain things like homework. George also insists that at least two press releases are published monthly even when there is nothing to write about. He oversteps on the instructions that Shelley has already given to her own staff which causes additional confusion on the part of their subordinates. Even if Shelley has already asked for assistance in the form of additional staff, he would still rather that she list down her priorities first and do things his way. Shelley obviously detests being bullied into doing what should otherwise be something creative because she does not like George’s leadership style. However, leadership style can affect many people in different ways depending on personality types and the situations they are in. This can be seen in the way Rich Harmon admires George for being innovative and ahead of him in thinking of solutions to his department’s problems. The micromanager is good in doing everybody else’s job but as can be seen in George’s situation, he spends too much time in dealing with the nitty gritty that should be delegated to his subordinates.   As Chief-Executive-Officer, he should be concentrating on motivating his employees to do their work as a team instead of finding the little stuff that they might be doing wrong or finding solutions to small problems that should be the job of his managers. 2. Is it the appropriate style ? Why or why not? (Hint, consider the characteristics of the environment, the employee, the task, leader discretion, etc.) Retronics is in a very delicate situation because its market is going down and it needs to reinvent itself to keep up with the industry.   George’s style cannot be successful in this light because he insists on doing things hands-on while the need of the company is for its head to create new ideas that could bring new life to the crippled corporation. George has his own following and he can be effective to certain types of personalities. However, although there are employees who admire George’s ideas that really help in the development of their departments, he is actually creating followers instead of true leaders because of the dependency culture he is encouraging.   He should instead try to hone his managers’ leadership skills and encourage more innovative ideas that come from below his rank if he really wants to keep up with the new wave in his industry. Otherwise, he would be trapped in solving everybody else’s problems and no one will be overseeing the company. On the other hand, his way of micromanaging Shelley causes her to loose motivation to work because she feels cramped by her position and his leadership style.   It can be assumed that Shelley might not be the only one who feels this way because he is the type who would really delve into the smallest of details of each department to keep him self abreast of what is happening within his company. Aside from embarrassing his managers for overpowering them in their own departments or divisions, George’s style can also cause a lot of confusion and power struggle which can be detrimental to a company who is already trying so hard to survive in an ailing industry. Instead of working towards a concrete goal, his style of management causes factions which can affect the time frame and quality of work that needs to be done. Another negative consequence of George’s leadership style is that his managers will tend to imitate his leadership style and this could cause too much stress in the company.   The pressure that is felt by the subordinates will just result to poor results due to lack of morale. Instead of overseeing and managing, his executives would end up picking on their employees and wasting too much time trying to correct mistakes that could have been done properly if they had the freedom to deal with things individually. George’s leadership style encourages individualism instead of team building.   A big company can become strong if its foundations are supportive groups of people instead of individuals who have their own motives for staying in the company.   To be a good leader is to foster team work and understanding among subordinates. Better relationships build loyalty and sincerity in getting things done. 3. What strategies can Shelley employ to better manage her boss? (To answer this question, you may want to read this short piece by Harry E. Chambers: (You can find it through the EBSCO database in Business Source Complete). Shelley has to get over her feelings of being mislead into the predicament she was in.   She has to stop feeling like a victim and put things in proper perspective.   When emotions are put aside, she will be able to see that George is coming from a completely different background from hers.   She is into the arts while George, an engineer academic standards, uses more of logic to understand and solve problems.   She also has to go beyond her department’s problems to understand that George’s problems are way much heavier than hers. Being a subordinate, it is also required of Shelley that she learns how to follow her boss†¦ even if it seems wrong.   Otherwise, she can manipulate George’s decisions into her favor by finding out what motivates him to do things in another way. She can also use her communication skills in professionally sharing her ideas even before George can shoot it down.   It can be seen that Shelley tends to just hold back instead of verbally defending her ideas.   Micromanagers can still feel in control as long as they see that their subordinates see their problems from the boss’ point of view too. Shelley should put her ideas to work and then find ways of explaining it to George in the light of his perception and not hers. Shelley also has to inform George of her ideas before she starts writing them.   This way, they can discuss which ones he prefer and how they can compromise on how the subject should be given treatment. Simply making a press release, for example, without taking into consideration the boss’ view can be a waste of time because of the corrections.   However, if Shelley takes the initiative to place the information needed in front of her boss so that he just has to decide among the choices she offers, then things would be easier to do quickly. Shelley should also try to find out what makes George have a better relationship with the other managers.   She does not have to suck up to him and change her attitude but just analyzing those relationships could create better understanding of how to handle her boss. Lastly, Shelley really needs to go beyond her department and see things generally from the CEO’s point of view too.   George’s responsibilities are far harder to manage than hers and this could give her insight on why he treats her that way.

Cardiac Catheterization

Cardiac catheterization is often referred to as coronary angiography or a coronary angiogram. It is a radiographic procedure that is used to look at and visualize the heart and the coronary arteries. During a cardiac catheterization it is possible for the cardiologist performing the procedure to see how effectively blood is flowing through the coronary arteries. In addition, this procedure allows the cardiologists to see how blood is moving through the chambers of the heart and how effective the heart valves are functioning. A cardiac catheterization can also allow for the visualization of the movement of the walls of the heart to see if the pumping action of the heart is normal. The primary application of cardiac catheterization is to determine if there is the presence of coronary artery disease. If there is occlusion of the coronary arteries this is the result of atherosclerosis, or plaque build up within the coronary arteries. During a cardiac catheterization it is possible for the physician to identify the location and size of these plaque deposits. The presence of plaque within the coronary arteries can lead to a myocardial infarction; therefore, if the plaque buildup is substantial, therapeutic action has to be taken. This treatment may include coronary bypass surgery if the coronary artery disease is widespread and or the arteries are occluded to a large degree. A large number of patients who do have coronary artery disease are treated in the cardiac cath lab during the catheterization with procedures such as percutaneous coronary intervention (PCI) and angioplasty with stenting and artherectomy. Angioplasty is performed by inserting a catheter into the coronary artery that is blocked. The catheter has balloon that can be inflated where the blockage is present. The pressure from the inflated balloon will force the plaque to the sides of the coronary artery. This will allow the artery to open and allow for increased blood flow through that branch of the coronary arteries. Once the plaque is moved aside the cardiologist will insert a tiny expandable wire tube known as a stent. The stent will be placed where it can be expanded to hold the artery open. Some stents are designed to simply keep the artery held open. Other stents used are drug-eluting stents. These stents are coated with pharmacologic agents that work to prevent restenosis of the artery. Another form of PCI is artherectomy. This is a procedure that has a cardiologist using a cutting blade that spins rapidly or a laser beam to cut away or burn away plaque that is blocking a branch of the coronary arteries. To perform a cardiac catheterization the patient is brought to the cardiac catheterization lab. These procedures are performed by specially trained cardiologists, nurses and radiologic technologists. The procedure is performed on a specialized table with fluoroscopy equipment, cardiac monitoring equipment, and the use of computerized technology to assist in data and image collection and analysis. To perform a cardiac catheterization the cardiologist will insert a sheath, or a short tube usually into the femoral artery. A long very thin catheter will then be fed through the sheath and guided through the arteries until it is in the heart and coronary arteries. The physician uses fluoroscopy equipment to guide the catheter into the coronary arteries. To allow for clear viewing of the coronary arteries, contrast material is injected into the catheter. As the contrast material flows through the heart chambers and coronary arteries x-rays are taken. The physician can than visualize the heart, valve function, and the flow through the coronary arteries. Any obstructions in the coronaries will become readily visible. The contrast material used to allow for the visualization of blood flow is iodine based and is flushed through the patients system rather quickly once the test is completed. The contrast material will be injected into the catheter that has been fed into the heart. As the contrast material flows through the heart x-rays are taken as a motion picture. This allows the cardiologist to not only visualize the flow of blood through the heart and coronary arteries, but the wall motion and valve function can be seen as well. This component of a cardiac catheterization is the actual coronary angiogram. If there is coronary artery disease, which is a blockage in some branch or branches of the coronary arteries, these blockages will be visible during the angiogram. The cardiologist performing the procedure will then determine the course of therapy to enhance blood flow through the coronaries. In mild cases, the patients may be treated medically with no cardiac catheterization intervention. In more severe cases the cardiologist might perform angioplasty with stenting. In those cases where stent placement cannot be done, or if the coronary artery disease is too widespread, then coronary artery bypass surgery might be warranted. A cardiac catheterization generally takes about 30 minutes. It can take longer if the cardiologist has to perform angioplasty and place multiple stents. Following the procedure the patient may remain in the hospital overnight or they may be able to go home after a few hours of recovery time. Most cardiac catheterizations are done via catheter insertion into the femoral artery. When the procedure is completed the sheath will be removed and the entry site will be closed with the application of pressure and a suture device or plug. A cardiac catheterization is an invasive procedure done in a sterile O. R. like environment. Although, the complications are rare, they do exist. Complications include: Allergic reaction to the contrast material, irregular heart rhythm, bleeding where the catheter was removed, infection, coronary artery spasm or acute closure, a tear and bleeding, and the need for emergency heart surgery. However, the benefits far out weigh the risks. The clinical information that this gold standard test provides about the heart, and the ability to open coronary arteries without surgery makes this procedure critical for those who are believed to have heart disease.

Cultural Differences In Education Essay

It has been a widely known fact that the cultures differ in their educational goals and there is major difference in this respect when Asian and American cultures are taken into consideration. However there are several positives and negatives in both form of cultures in terms of cultural difference in education but at the same time it could be stated that each culture can learn the positive aspect from the other to proceed towards the betterment of the generations to come. The topic would be evaluated and analyzed with explicit connections back to writings of Ho in Cross-Cultural Roots of Minority Child Development in your paper. Since family is such a basic and vital social unit in all societies, persons of all political persuasions have at-times visceral opinions about what things promote the institution and what forces degrade it. In the United States, conservatives and liberals view family very differently. In extended families, more than two generations of the same kinship line lived together, either in the same residence or in nearby dwellings as mostly in Asian family structure. All adults in these extended families shared responsibility for child-rearing which is distinctly different from the Western method. This important social change would have profound effects on how children were raised. In their book Cross-Cultural Roots of Minority Child Development Greenfield and Cooking mention that â€Å"the key fact about human culture is its intergenerational transmission through the socialization process. Socialization is used in the broadest sense to include informal education in the family as well as formal education†. (Greenfield, 1994) According to David Y F Ho in his text Cognitive Socialization in Confucian heritage cultures he mentions that family and community subjects are part of the curriculum. The kids know that we are all different. These same youngsters also know we are all alike in other ways. In today’s society the American people represent many different cultures. Each one has its own viewpoint, traditions, values and political ideas. The challenge is to cement them all together as one. The multicultural education system is the way to go. Not only does it educate the children. The kids go home and pass the information on to their parents and other siblings. Also the teacher learns as the lesson is delivered. Thus, all of society begins to learn about each others, each other. Culture can be defined as the way a particular group of people, live their lives at a certain time. The question we are waiting for is what can Asian and American cultures learn from another? American Civilization is basically a multi cultural objective that has the essence of freedom and opportunity. There are multi strata perspectives of history and history without these layers becomes meaningless academic foliage. These layers of history could be defined as perspective and perceptions related to politics, economic, sociology, cultural and religious. Without the intervention or analysis of these subjects and subsequent incorporation and investigation in accordance to these subjects history would be wrongly incepted. Thus the streamline of education in this regard stands in a midpoint where the system demands an open format to enable maximum space available. This is where Asian culture of philosophy and self development can excel and help the overall perspective of the American education and thereby influence the way of life in the positive aspects. On the other hand it can be said that the Asian perspective of like and attitude towards education appears to be some what rigid and outdated. In this context the implementation of American system of education would certainly be beneficial for the future generations to come. So it can be said that it is eastern philosophy for the Americans and the American system for the Asians and thus a confluence would be formed that would be beneficial for all. However in the modern world the perception and goal of education and its purpose is guided by a large number of variables and can be termed as heavily accountable to the society as a whole. One such variable can be enumerated as the financial factor that is involved in the comparatively higher strata of education system. Standers are set and limitations are imposed regarding the social, economical and financial variables. To precede the higher range of education a subject needs the accumulation of finance. The subject needs to incorporate it in the respective educational institution that has other obligations too like lodgings and such other detailed expenses. For the accumulation of this finance, therefore, the subject must work out a method like part time job which would simultaneously curb away valuable study time and energy. Thus the end purpose of education would be lost by a margin in the process. Moreover there are family obligation whereby an individual is forced to provide for the family in terms of both economics and social quality timings. This also depletes the purpose or end goal of education where it becomes difficult to pursue the availability of education in the first place. (Lamb, 2004) However, the norms of the society are high and difficult to achieve but one must achieve it at the end by formulating the individual priorities in accordance to his or her needs. It should be understood that the education or knowledge is a power in certain senses and to achieve this power one needs to pay a price. This price may be in form of economy or social obligations like devoting time for the family. The idea of education a tool of power has been recognized down the ages. At the time of slavery in the United States slaves were barred from education. This helped their owners to operate them in a better and effective manner as the slaves were unable to conceptualize the actual situation and outcome in a proper manner. More so they were not able to estimate the brighter opportunities of tomorrow thereby were locked in the pothole of slavery. This was just one example how education develops the human mind or being deprived of education depletes it. If this example is taken into account and exercised in practical ways of the modern world the same would stand to be true as the motive of education is to yield awareness and awareness can be utilize into harvesting success. However it should be noted that the main concern is the individual and it is up to the individual who would be responsible in the end to formulate an individual time and energy management process. The society does have its share of obligations but the achievement of an individual must sort a way out beyond limitations. Nothing should be considered as a free meal in this existence of modern world and it is determination of an individual that would be instrumental in achieving the target in the end. All in all it can be stated that the end purpose of education is to prepare a person to deal with all seen and unseen problems and overcome them. References: Greenfield, Patricia M & Cocking Rodney edited; 1994; Cross-Cultural Roots of Minority Child Development; Lawrence Erlbaum Associates, Publishers; Hillsdale, New Jersey Hove, UK Lamb, Davis; 2004; Cult to Culture: The Development of Civilization on the Strategic Strata; National Book Trust.