`A dolls house` act 3 analysis

A Dolls House by Henrik Ibsen is about the oppression of women and how they were asked by men to live in a ‘Doll's House.' We see throughout the play how Torvald acts like a dictator with Nora and talks to her condescendingly.However, in Act III things start changing. Torvald's tone becomes harsher, he actually starts treating her like a possession and dresses her up like a doll in all the things he finds most ‘desirable'.After the party he tries to have her in order to satisfy his desire but when Nora reveals Krogstad's condition Torvald tries to use his desire as a point of consolation. When Nora talks to him and tell him her own secret. He unravels. He abuses her verbally and claims she has shamed him. He completely rejects her position.Yet, as soon as the truth is revealed through the letter the maid brings, he forgives her. By then Nora has had enough and decides to leave him unable to live anymore as a possession with no will and a person with no individual identity . She said of her position with her dad and then Torvald as her husband, â€Å"He played with me just as I used to play with my dolls. And when I came to live with you I was simply transferred from Papa’s hands to yours.†It is this Act that summarizes Nora's conflicts throughout the play where she struggled to see herself as an independent woman but was confined by her sense of duty to her husband and society. She felt she was freed and her ties with Torvald severed when he refused to help her and honor her when faced with baseless accusation. It showed her that she had been sacrificing herself for a man who would never love her as she needed to be loved. He valued his possessions more than her and that was something she would not accept.She has discovered that as a woman she has been continuously asked to do her ‘duty' and has done so but she is also expected to remain a plaything for her husband and that she can no longer do. She has discovered that she values her sense of the self, her discovery of herself as an individual over her role as a wife, mother and daughter and she is no longer willing to sacrifice her life for people who cannot return the same emotions for her sake.ReferencesDolls House by Henrik Ibsen

Holapersona

PROBLEMA 1 The Maser is a new custom-designed sports car. An analysis of the task of building the Maser reveals the following list of relevant activities, their immediate predecessors, and their duration. Job LetterDescriptionImmediate Predecessor(s)Normal Time (days) AStart — 0 BDesignA8 COrder special accessoriesB0. 1 DBuild frameB1 EBuild doorsB1 FAttach axles, wheels, gas tankD1 GBuild body shellB2 HBuild transmission and drivetrainB3 IFit doors to body shellG, E1 JBuild engine B4 KBench-test engineJ2 LAssemble chassisF, H, K1MRoad-test chassisL0. 5 NPaint bodyI2 OInstall wiringN1 PInstall interiorN1. 5 QAccept delivery of special accessoriesC5 RMount body and accessories on chassisM, O, P, Q1 SRoad test carR0. 5 TAttach exterior trimS1 UFinishT0 a)Draw a network diagram for the project. b)Mark the critical path and state its length. c)If the Maser has to be completed 2 days earlier, would it help to i. Buy preassembled transmissions and drivetrains? ii. Install robots to halve engine-building time? iii. Speed delivery of special accessories by 3 days? )How might resources be borrowed from activities on the non-critical path to speed activities on the critical path? PROBLEMA 2 MANAGING HARD ROCK’S ROCKFEST At the Hard Rock Cafe, like many organizations, project management is a key planning tool. With Hard Rock’s constant growth in hotels and cafes, remodeling of existing cafes, scheduling for Hard Rock Live concert and event venues, and planning the annual Rockfest, managers rely on project management techniques and software to maintain schedule and budget performance. Without Microsoft Project† says Hard Rock Vice-President Chriss Tomasso, â€Å"there is no way to keep so many people on the same page. † Tomasso is in charge of the Rockfest event, which is attended by well over 100,000 enthusiastic fans. The challenge is pulling it off within a tight 9-month planning horizon. As the event approaches, Tomasso devotes greater energy to its activities. For the first 3 months, Tomasso updates his MS Project charts monthly. Then at the 6-month mark, he updates his progress weekly. At the 9-month mark, he checks and corrects his schedule twice a week.Early in the project management process, Tomasso identifies 10 major tasks (called 2 acti vities in a work breakdown structure, or WBS): talent booking, ticketing, marketing/PR, online promotion, television, show production, travel, sponsorships, operations, and merchandising. Using a WBS, each of these is further divided into a series of subtasks. Table 1 identifies 26 of the major activities and subactivities, their immediate predecessors, and time estimates. Tomasso enters all of these into the MS Project software. Tomasso alters the MS Project document and the time line as the project progresses. It’s okay to change it as long as you keep on track. † he states. The day of the rock concert itself is not the end of the project planning. â€Å"It ’s nothing but surprises. A band not being able to get to the venue because of traffic jams is a surprise, but an ‘anticipated’ surprise. We had an helicopter on stand-by ready to fly the band in,† says Tomasso. On completion of Rockfest in July, Tomasso and his team have a 3-month reprieve before starting the project planning process again. Discussion Questions: 1. Identify the critical path and its activities for Rockfest. How long does the project take? . Which activities have a slack time of 8 weeks or more? 3. Identify five major challenges a project manager faces in events such as this one. 4. Why is a work breakdown structure useful in a project such as this? Take the 26 activities and break them into what you think should be level 2, level 3 and level 4 tasks. TABLE 1 Some of the Major Activities and Subactivities in the Rockfest Plan. ActivityDescriptionImmediate Predecessor(s) Time (Weeks) AFinalize site and building contracts —7 BSelect lo cal promoterA3 CHire production managerA3 DDesign promotional Web siteB5 ESet TV dealD6FHire directorE4 GPlan for TV camera placementF2 HTarget headline entertainersB4 ITarget support entertainersH4 JTravel accomodations for talentI10 KSet venue cpacityC2 LTicketmaster contractD, K3 MOn-site ticketingL8 NSound and stagingC6 OPasses and stage credentialsG, R7 PTravel accomodations for staffB20 QHire sponsor coordinatorB4 RFinalize sponsorsQ4 SDefine/place signage for sponsorsR, X3 THire operations managerA4 UDevelop site planT6 VHire security directorT7 WSet police/fire security planV4 XPower, plumbing, AC, toilet servicesU8 YSecure merchandise dealsB6 ZOnline merchadise salesY6

Myths and Misconceptions about Viruses and Security Essay

Computer viruses, as they are commonly known today, are malicious malware design to destroy and distort the normal working of a computer. The first known origin of computer viruses is estimated to be in the 1960’s CITATION Nat14 l 1033 (Devotta, 2014). The virus was in form of a game called Core Wars, and would self-replicate every time it was run. The group of programmers who developed it also made the first known anti-virus called Reeper. It was not until 1983, that one of these programmers announced the existence of Core Wars CITATION Ant l 1033 (AntivirusWorld, n.d.). In the same era, an influx of personal computers flooded the market and games became very popular. As a result, malicious viruses like Trojan horse were developed and innocent consumers downloaded them thinking that they were nice games only to feel the repercussions later. Since then, many viruses have been developed and continue to cause havoc to our computer experience. A computer virus is a malicious code that is written with instructions to replicate itself in a host computer and attaches itself to files and programs in the machine CITATION All l 1033 (AllAboutCookies, n.d.). Often, this happens without the consent of the user, and once the machine is booted or the infected program is launched, the virus attacks and damages data. In the case where an infected file is saved on a storage device, transfer of that file to another computer repeats the cycle and the virus re-infects the new host computer CITATION Sym10 l 1033 (Symantec, 2010). Viruses are designed to be spread via several media, where they piggyback on emails, programs, or network systems. The same way myths and misconceptions arise after a deadly disease pandemic, the computer world is full of myths about viruses. Some of the most common unfounded myths include; Mac users are virus proof, firewalls block off viruses, formatting and re-installing the operating system of an infected computer and then backing up one’s data gets rid of viruses, using antivirus programs protects one fully from viruses, signs of error messages popping up on one’s computer indicate that the computer is infected, corrupted files and blue screen displays on computers indicate a virus attack CITATION Rak11 l 1033 (Tembhurne, 2011). While some of these misconception hold water, they are not absolutely true all the time. A common scenario for internet users is the appearance of irritating pop-up messages, especially when browsing. While some of these messages are strategies for internet marketing by companies, and are indeed inevitable, it is possible for one to block pop-up messages- without purchasing software. First and foremost, there are free downloadable pop-up blockers that are effective on general browser pop-up ads. Examples include, Google Toolbar, Yahoo Companion Toolbar, Pop-up Stopper, PopUp Blocker, WorldIQ Toolbar and CleanMyPC, just to name but a few CITATION Kio15 l 1033 (Kioskea, 2015). Peer-to-peer file sharing programs are another source of disturbing pop-ups, especially once you install a program downloaded from these sites. To get rid of search, uninstall any unfamiliar programs from the Control Panel. Most browsers today also come with in-built software that block pop-ups, and can be adjusted to block the ads under the Settings tab. A good example is Internet Explorer CITATION Uni04 l 1033 (Iowa, 2004). Using Windows XP Service Pack 2 is also another viable option since the latest version includes a built-in Pop-up blocker CITATION Ram07 l 1033 (Srinivasan, 2007). References AllAboutCookies. (n.d.). Retrieved from All About Cookies.org: http://www.allaboutcookies.org/security/computer-viruses.html AntivirusWorld. (n.d.). History of Computer Viruses. Retrieved from http://www.antivirusworld.com/articles/history.php Devotta, N. (2014, Septemner 4). A short History of Computer Viruses. Retrieved from COMODO Antivirus: https://antivirus.comodo.com/blog/computer-safety/short-history-computer-viruses/ Iowa, U. o. (2004, June). Pop-up blocking. Retrieved from Information Technology Services @ The University of Iowa: https://helpdesk.its.uiowa.edu/articles/june2004/popupblocking.htm Kioskea. (2015, March). How to get rid of Pop-Up ads. Retrieved from http://en.kioskea.net/faq/104-how-to-get-rid-of-pop-up-ads Srinivasan, R. (2007, October 27). How to block Pop-ups? Retrieved from Ramesh’s Site: http://windowsxp.mvps.org/Popups.htm Symantec. (2010). pc tools. Retrieved from http://www.pctools.com/security-news/what-do-computer-viruses-do/ Tembhurne, R. (2011, May 10). 15 Myths and Misconceptions about Viruses and Security Applications. Retrieved from http://rakesh.tembhurne.com/15-myths-and-misconceptions-about-viruses-and-security-applications/ Source document

Marketing case analaysis Essay Example | Topics and Well Written Essays - 2500 words

Marketing case analaysis - Essay Example Some of this increase can be funded by savings in expenses on seminars and face-to-face promotion, but the future potential of the strategy recommendation justifies even a decline by about 2 percentage points of profitability to about 15%. 1. The outsourcing movement shows that all organizations in mature economies are under pressures to control costs. Governments in countries which are members of the World Trade Organization cannot protect their domestic work forces against this transfer of jobs to low labor cost markets. This also creates opportunities for new systems in start-up companies in emerging countries, anxious to exploit the outsourcing opportunity. 2. Stock market regulators are under political pressure to ensure corporate governance for minority share holder protection. Small and medium enterprises which want to approach the markets for capital need to conform to stringent requirements, especially in the United States. 1. The global demand for software engineers and services exceeds supply. Hence, recruitment and retention of key human resources are critical issues for Information Technology companies. Qualified people have high expectations, not just in remuneration terms, but with respect to professional challenges. Overall, the external environment is favorable for companies such as Signifo to improve on their past growth rates and profitability. However, new products and services will be required, and companies with narrow geographical spread could be swamped. Significant players in the markets of tomorrow must be flexible, responsive, and global, to remain in business as independent entities. Signifo is a niche company with a well-defined brand, but with an insignificant share of just about 1% of the world market in which it participates. It caters mainly to small and medium companies in its home

What do you understand by the term national culture Cultural Essay

What do you understand by the term national culture Cultural Differences and People Management - Essay Example As a result of that, it is inevitable for such companies to keep a diverse workforce for business success. French rightly pointed out that â€Å"In international ventures diversity is not an option – it is automatically part of the package† (French, 2010, p.84). Diverse workforce helps companies to reduce labour cost and exploit the expertise of cheap labour force available in overseas countries. However, management of diverse or multicultural workforce is not easy as the management of a single cultural workforce. Multicultural workforce often creates many challenges to the managers because of their contrasting interests. One of the major concerns created by international business or diverse workforce management is with respect to national culture. Since national culture of people from different countries varies immensely, it is difficult for the managers or executives to manage a diverse workforce effectively. Geert Hofstede and Trompenaars are some of the scholars who studied about the influence of national culture on cross cultural business management. This paper analyses the theories proposed by Hofstede and Trompenaars to know more about national culture and its implications on international business management. ... For example, some cultures believe that killing of the enemies of their culture as a sacred act whereas other cultures believe that killing of even enemies is a sin. Same way some cultures believe that there is nothing wrong in keeping more than one wife whereas other cultures believe in marital relationships with only one woman at a time. It is not necessary that the perceptions of Chinese people about work be the same as that of the perceptions of Americans or Europeans. Chinese people are leading a mechanic life because of the autocratic administration whereas Americans and Europeans are leading much liberal life because of the democratic administrations prevailing in those regions. In short, national culture is a term associated with beliefs, values, norms, behaviour, political and social environments, etc. â€Å"Some cultures put more emphasis on universal commitments (like honesty) while others put more weight on loyalty to particular people and relationships† (Ghemawat and Reiche.2011, p.2). For example, people from some cultures are ready to tell lies in courts to save the life of their friends. On the other hand, people from some other cultures may not tell lies even for saving the life of their friend. Even though many scholars conducted extensive researches o know the importance of national culture in the management of diverse workforce or international business, the works of Hofstede and Trompenaars seem to be extremely important. Hofstede’s cultural dimensions According to Hofstede, â€Å"Culture is the collective programming of the mind distinguishing the members of one group or category of people from others† (Hofstede, n.d.). It should be noted that a person behaves and believes in a particular way because of the actions of his mind. For example, it

Define and evaluate the major geostrategic challenges the EU will face Essay

Define and evaluate the major geostrategic challenges the EU will face in the coming decade - Essay Example 67). However, the EU member countries are fighting to alleviate the union from these challenges. The members’ main concern is the economic, security, and power balance challenges. The union intends to resolve its economic challenges by boosting trade through sharing the gross domestic product as well as to increase trade and investment and finally developing defense and aid spending on areas that they will feel affected. Nonetheless, other than the unions own intended resolutions, the essay will also suggest, at different points, the possible solutions to the highlighted EU’s geostrategic challenges. EU’s problems are associated with the growing differences in the political ideologies and foreign policies among member countries. These elements have led to geostrategic challenges including hierarchy of nations, fall or collapse of the EU economic power, power of populations, leadership issues, political ideologies, war threats, dwindling unity, Security and welfare, maritime security challenges, cyber domains and the maritime environment, and balance of management power on fundamental of EU’s assets. Other challenges include continued fall, fail, and collapse of the Middle East states, increasing trend of recruitment of the terror group, transnational crime, and Environmental security. The geopolitical analyses are concerned with the political dynamics that tends to interfere with the international relations. Some member nations are considering themselves more economically and politically powerful than other member nations (Howorth, 2007; Pg. 126). This has swayed nations’ capacities and attributes that have led to hierarchy of nations among the EU members. The â€Å"great power† notion that emerged in the ninetieth century has since made some nations within the EU powerful in terms of policy formulation, decision making, and

Strategies emerging market MNEs employ Essay Example | Topics and Well Written Essays - 3000 words

Strategies emerging market MNEs employ - Essay Example Their point is to achieve a certain level of competitive advantage, but such kind of advantage can hardly be generated if some essential strategies or strategic actions will not be employed. Concerning this point, it is important to create an illustration on how exactly some firms create strategies in order to generate their portion in the pie. Knowing how some firms established their market especially those new entrants is as good as finding how they initiate strategies in order to make a difference. Regarding this, the work at hand covers the points elucidating the unique strategies that the emerging market multinational enterprises (MNEs) employ in pursuing globalization or international expansion in comparison to the moves of MNEs from developed countries. The traditional MNE is characterised by foreign direct investment (FDI), which generally is all about firm-specific capabilities created at home country and momentarily expanded towards country-by-country way of internationalis ation (Guillà ©n and Canal, 2009). According to Guillà ©n and Canal, this model was most popular much of the post-World War II. However, today, new existing MNEs from emerging markets are trying to make a difference in order to go for an international expansion. Knowing what these strategies are is the main focus of the work at hand. Prior to this, it is also important to understand the traditional model of MNE first to provide the essential foundation of comparison to its new MNE counterparts comprising new emerging MNEs and those from developed economies. Understanding traditional model of MNE Strengths pertaining to technology, marketing and managerial capability were important common features of the old model of MNE during the post-World War II (Guillen and Canal, 2009). According to Guillen and Canal, advanced multinational firms in Japan, North America and Europe participated in this activity and eventually created their market share and initiated international expansion. Fi rst, one can spot the point that multinational companies rely on their ability to employ advanced technologies. The implementation of technology is important in the issue of globalisation or international expansion (Alvarez and Marin, 2013; Holm and Sharma, 2006). The transfer of technology was viewed a significant component of global expansion because that will have to ensure operation and formulation of product or service offerings sustained at the most convenient and fast-paced approach. On the other hand, the idea of initiating marketing strategy is founded by the ability of the firm to understand the needs in the market. However, the idea might be eventually confined within the basic consideration of subsidiary marketing knowledge as this can be the essential foundation on how to go for international expansion (Holm and Sharma, 2006). Finally, the traditional model of MNE has to include the concept of managerial capability, as this has significant impact on the resource profile of the subsidiaries (Manev, 2003). This will have to fuel the right decision-making process in order to sustain survival of the firm in the international setting where there are other potential factors to keep constantly in mind such as culture, politics, social concerns and other considerations. In addition to all of these, Guillen and Canal added that the traditional model of MNE employed traditional product differentiation strategies and vertically integrated structures. All of these have specific advantages as integrated along with the existing practices of the emerging market MNEs, but at some point they may also provide a significant explanation as to why the emerging market and developed economy MNEs may have outsmarted the traditional

Applied ethics ( ethics in marketing) Essay Example | Topics and Well Written Essays - 1000 words

Applied ethics ( ethics in marketing) - Essay Example The theory emphasizes the need for people to learn how to break bad habits of character for example greed or anger (Chonko, & Hunt, 1985). The advertisement I choose from the news is on the Embassy Cigarettes. On the theory of deontological, the company marketing has the obligation to adhering to the moral rules. This implies that when marketing this brand of cigarettes, they should not give any misleading information about the product. Marketers must clearly indicate the contents that have been used to make the cigarettes on the packet. The contents indicated must genuine, only those that were used without any additional materials or omitting some of the ingredients. This a moral ethic as the consumer gets to know what was used in the making of that product and based on that information, consumers will make decisions. When all the content is genuinely on the packet, the user will read through that information and based on it, they will be able to decide whether to buy it or not. Marketers must ensure that the information they display is not misleading to the product consumer (Gibson, 2000). The marketers of the Embassy Cigarettes must focus on the second theory of marketing ethics, the teleology theory. Based on their advertisement, the marketers should consider what action their decision might have to the consumer after using the product. The teleology theory emphasizes that the company has the obligation of taking care of the customer. The product should not affect the user after using it, due to the false information given to it. For example, if the marketers omit to include an ingredient used in the manufacture of the cigarette on the packet, it is not ethically correct. This because a consumer will make a wrong decision in case the product consist an ingredient that causes complications to their health. When they buy and use the product, they are sure

Reflection of my profit and ethics coursework Essay

Reflection of my profit and ethics coursework - Essay Example As the a starting point, the module topic on learning styles gave me an understanding of my personal learning style and technique. Before undertaking the module, I was not aware that each person possessed different learning styles. However, the topic on learning styles helped me to identify my dominant style of learning. To this end, I identified linguistic, logical, interpersonal and intrapersonal learning styles as my core strengths. In effect, these learning styles proved essential in my profit and ethics coursework. Foremost, the profit, and ethics coursework was a controversial module that sought to establish the efficacy of business and corporate social responsibility co-existing in harmony. Bearing this in mind, I discovered that my understanding of the topic would require an inquisitive interpersonal learning style with my course mates. Particularly when discussing the proponent and opponents of ethical responsibility of business, the sentiments advanced by my colleagues were hepful in the to synthesis and formulation of a personal premise on the issue. Evidently, the profit and ethics assignment entailed a research on whether the goal of profit and ethics can co-exist in a business. This assignment was in reflection to the ongoing dispute between UK dairy farmers with the processors and large chain supermarkets over fair pricing. Consequently, I was able to tap in on the intrapersonal learning style through personal research on articles that presented both sides of the issue from the dairy farmers, milk processors and supermarkets perspectives. After a thorough and analytical understanding of the issue, I commenced to present my premise for the case for ethical responsibility through fair pricing by the milk processors and supermarkets. Consequently, I incorporated the logical learning style based on evidence and intellectual reasoning. Throughout the text, my logical reasoning was based on the precinct that ethical responsibility

Reasearch paper on a poet, a genre, atopic or a special aesthetic Essay

Reasearch paper on a poet, a genre, atopic or a special aesthetic problem. Chinese Classical Poetry - Essay Example Most of the poetry was often sung in teahouses as well as more theatrical venues and eventually evolved into longer stories and sagas and musical histories of the past. Refined for almost three hundred years this period produced near fifty-thousand poems and gave birth to almost three thousand poets. (Owen 21-32) It was also a time of blending philosophical schools of thought. Taoism and Confucianism were of purely Chinese origin and have had deep cultural impact on their society. Buddhism, however, was imported from India and adapted well to the previous two philosophies. All being reevaluated and merged during this dynasty and were often translated to fit more in line with the mores of the Tang period. ..there was an entire school of Tao-te-ching interpretation, known as Twofold Mystery, that took up the dialectic of the Buddhist school known as Madhyamaka (Middle Way). Flourishing in the seventh century under the Tang, it was represented mainly by Cheng Hsuan-ying and Li Jung and represents a thinking that strives for a balance between being and nonbeing, the via positiva and the via negativa in approaching the Tao, rejecting each in turn because any form of comprehension in relation to the ultimate truth of the Tao can only be a means, never an end. (Kohn and Lafargue 134) The following is an example of the subtle change to the original text of the Tao Te Ching is an illustration of this influence. Li Yuehs, a Tang commentator on the Tao Te Ching, created the following changes to the traditional text and this is certainly an example of idiosyncratic personal translation. The last lines of chapter 25 usually read: The difference embodies many of the evolutions to the poetry of the age, showing not so much an order of things but a state of being. Early influences in the Tang dynasty reflect the more natural Taoist bent as there was

Developing and Non-Developing Economies Essay Example | Topics and Well Written Essays - 250 words

Developing and Non-Developing Economies - Essay Example Kenya is emerging as a strong economy both in Africa and also in the world, due toseveral factors. First, the geographical location of the country is favorable, since the country serves as the gateway to the East African region, with a total population of 140 million consumers (Ho, n.p.). Coupled with the free trade agreement in the East African and the South African region that the country has entered into, it has access to a total of 600 million consumer markets, making the country account for 40% of the total East African GDP (Ho, n.p.). Further the country has surprised the world with its technological capabilities and innovations that have seen the major global technology giants such as Facebook, IBM, Google and General Electric enter the country looking for technological investment opportunities (Ho, n.p.). The technological innovativeness of the country has been contributed by its highly educated English speaking youthful workforce that constitutes 65% of the country’s total population. On the other hand, Malawi is ranked the poorest and the least developing economy in Africa and also among the poorest countries in the world, according to the latest World Bank rankings. This is occasioned by the fact that Malawi has a very high unemployment rate, with a very small economy having a GDP per capita of $267. The situation has also been worsened by the overreliance of the Malawian population on government to offer jobs and subsidies for all goods, while remaining less innovative businesswise (Yakobe, n.p.)

Personal Finance Plan Worksheet Essay Example for Free

Personal Finance Plan Worksheet Essay The process of creating a detailed plan to meet your financial needs and prepare for the future is called b. personal financial planning. 2. Which of the following is not one of the five major steps of the financial planning process? c. collect and organize your financial information 3. Which phase in life is commonly associated with focus on marriage, family, purchasing a home, and career development? c. ate 20’s through your 40’s 4. Which of the following is a benefit of having a college degree that can affect your financial planning? d. all the above 5. Which of the following elements of a comprehensive financial plan involves analyzing future needs, such as saving for retirement or college funding for dependents? d. protecting wealth and dependents Directions Respond to the following short-answer questions in 50-to 100-words: 6. People have different styles when it comes to handling their money. List the two things that affect your personal beliefs and opinions about financial planning. How well do you feel you manage your money? Can you spot areas for improvement in your money management style, and if so, where/how? a. Two things that affect my personal beliefs about financial planning are: my family composition and values. I want my family to be comfortable and I also save but not as much and often as I should. Making sure I save for hard time and my family stability is a must. Setting up a budget is a main topic in my household. b. I can do better and stop tapping into my savings. I do have a savings account that is linked to my account. Everytime I spend something a dollar is sent to my savings, so that also help me balance my account as well. I also need to focus on our needs and not what we want. c. Yes I could stop spending more money and save more which is hard because we just moved and we are buying the house we are renting. Im putting money into the house but bills still have to be paid. We are starting to do a budget to eliminate the how, who, when, and where. 7. Which element of the comprehensive financial plan focuses on your housing needs, setting aside money for emergencies, and establishing a career path? Consider your own finances. Do currectly own a vehicle and/or home? If yes, how well do you manage monthly home and auto expenses? How well do you save for unforeseen expenses? a. Securing basic needs b. I own two vehicles and purchasing a home. We pay our mortgage at the beginning of the month in which we split, we pay the bills as soon as we get the bills and we split those as well, then the car notes are split up, and at the end of the month our car insurance is due. c. We have a savings account that pulls money from our checking whenever we spend money nd then we literally have what I call a piggy bank and we save change as well. There is nothing wrong about saving change because it does add up. 8. The economy is unpredictable and can affect your personal financial planning. List one factor in economic conditions that may affect your financial future. How could you reduce the impact of that factor on your finances? a. Inflation b. To reduce the affect of inflation is to save and go on a budget. You can also shop smarter by shopping cheaper, like generic brands. Also using coupons and your rewards card to reduce the cost of groceries and gas. You can shop around for the cheapest prices and most of the time if you buy in bulk its cheaper. 9. Which step in the five-step financial planning process requires you to organize your financial information, create personal financial statements, and evaluate your current financial position? Have you ever completed this step? If so, is it still applicable to your current financial situation? If not, do you plan to do this soon? Why or why not? a. Step1: Analyze your current financial position. b. Yes I have done it before, but now we just moved and we are now creating a new budget. Since the bills have changed we have to do a new budget and gather our bank statements, bills, and calculater our income to be more financially stable and save more money. We are currently going over a new budget as we speak. 10. Step Five in the five-step financial planning process discusses the importance of regularly reevaluating and revising your plan because personal circumstances often change. List two life changes that may require you to update your financial plan. Have you recently experienced a change that requires you to reevaluate your financial plan? If so, what was it and how have you accommodated it? (Please share only what you are comfortable sharing) a. Marriage and children b. I just recently got married and we’re just purchasing a home. My husband just received social security and 100% in military disability and I work. This make it a little easier for us to make it. I do have children and one is disabled so its tough but we make it. We split everything down the middle so no one person would be overwhelmed with paying all the bills on their own. We try to do a budget and stick to it. We do bargin shop and try to limit where we go due to high gas prices. We also put money to the side for different things we want to do whether its go out to eat, go to the movies, or date night. We also put money back for food and gas. We include everything we do and everything that can happen in our budget and daily life.

The Impacts Of Fiscal And Monetary Policy Economics Essay

The Impacts Of Fiscal And Monetary Policy Economics Essay In this paper we are going to analyze the impact of monetary and fiscal policy in the UK economy by initially using the IS-LM BP framework and later on Philips curve under flexible and fixed exchange rate regimes by supposing perfect capital mobility. The LM curve outlines the point at which there is an equilibrium condition of quantity of money demanded and quantity of money supplied (Dornbusch and Fisher 1994). As aggregate output rises, there is an increase for money demand and rise in the interest rates where the money demanded equals money supplied by resulting in the equilibrium. The IS curves shows out the point at which the total quantity of goods produced equals the total quantity of goods demanded (Dornbusch and Fisher 1994a). At any level of the interest rate, the IS curve shows us what aggregate output has to be for the goods market to be in equilibrium. By rising the interest rates, planned investment spending and net exports fall, which as a result lowers aggregate demand. In the first part of the literature review we will present how monetary and fiscal policy can be implemented under flexible exchange rate regimes, while in the second part there will be analysis of how monetary and fiscal policy can be implemented under flexible exchange rate regimes. The last part of this literature review we will explain the Philips curve under the above mentioned policies. Fiscal Policy under Flexible Exchange Rates In this section we will demonstrate the impact of fiscal policy in the UK economy by using IS-LM BP model. An expansionary fiscal policy will involve an increase in government spending or a decrease in taxes. At any interest rate, if there is an increase in government spending there will be an increase in aggregate demand. This leads to an increase in the demand for goods which is shown by the IS curve which moved to the right as shown in Figure 1. At point E1 at the new equilibrium, where the goods market is in equilibrium but money market is not, resulted in an increase in income, which naturally consequences in increase in demand for money leading to an increase in the interest rates at i2. While there is an increase in the foreign interest rate there is a capital inflow because of the fact that foreign investors seek to take over the advantage of higher returns by buying domestic assets. As the interest rate is increased above the foreign interest rate, capital inflows as foreign investors seek to take advantage of the higher return by buying domestic assets, Blinder B. (2006). The capital inflow because of the rise in interest rates pushes the interest rates back to initial equilibrium and because of the fact that investors buy pounds it increases the demand for pound in the foreign exchange market, which leads to the appreciation of the pound. By appreciating the pound, UK assets become more expensive in relation to foreign assets and as a result the net exports decreases. Any decrease in the net exports (NX), shifts the IS to the left until the capital inflow stops. Because the IS shifts to the left, the domestic interest rate will equal the foreign interest rates and will go back to the initial equilibrium Eo. This means that the fiscal policy under flexible exchange rate regime and perfect capital mobility has a little effect in increasing national output Oliver.B (2009). Monetary Policy under Flexible Exchange Rates By using IS-LM BP framework, we can also explain the effects of the monetary policy under flexible exchange rates regime as we explained in the fiscal policy. An increase in the money supply for any given interest rate it shifts the LM to the right and giving pressure on the domestic interest rate, Ahtiala P (1998). The shift of the LM curve to the right by increasing money supply is shown in the Figure 2. Because of the increase in money supply, there will be a fall in the interest rate which will lead to a capital outflow. An increase in the money supply also causes pound to depreciate in the domestic market. Because of the depreciation of the pound and fall in the interest rates in the UK market, the domestic assets become inexpensive in relation to foreign assets which results in an increase in the net exports (NX). An increase in the net exports also increases aggregate demand which shifts the IS curve to the right at the point E2 as it is shown in Figure 2. By shifting the IS curve to the right at point E2, there is an increase in the output as well from the initial equilibrium to the Y1. This shift to the right of the IS curve increases the output and the domestic interest rate then equals to the foreign interest rate. In this case, because of the increase in the natural output and the adjustment of the interest rates, it is very obvious that fiscal policy is more effective rath er than monetary policy under the flexible exchange rate regime, Dornbusch and Fisher (1994b). Fiscal Policy under Fixed Exchange Rates Under fixed exchange rate regime, an increase in government spending or a tax cut will shift the IS curve to the right from the initial equilibrium Eo to the point E1 as it is illustrated in the Figure 3. When the IS shifts to the right, more specifically at the point E1, interest rates increases and by doing so, there will be more capital inflow in the country from foreign investors. This is very much simple, since the higher the interest rates, the more the attractive domestic assets will be for international investors and as a result the higher will be the inflows of foreign capital in the domestic market Zapatero and Cadenillas (2000). The inflow of capital in the country and the increase demand for pounds leads to an appreciation of the pound. The shift of the IS from the initial position to ISà ¢Ã¢â€š ¬Ã¢â€ž ¢ creates a new equilibrium E2 where the output of the economy is higher. Thus, the use of fiscal policy under fixed exchange rate is more effective in creating higher dom estic output in an economy. Under the fixed exchange rate regime, if a Central Bank decides to increase money supply, the LM curve shifts to the right from the initial equilibrium E0 to the new equilibrium E1 as it is illustrated in the Figure 4. At the new equilibrium, the interest rate decreases, so there will be more outflow of the domestic capital to foreign markets. By the fact the there is an outflow of the domestic capital in the foreign markets, the demand for pounds will decrease which leads to a depreciation of the pound. According to Mishkin (2007), when the domestic currency is depreciated, the central bank must sell its international reserves and buy the domestic currency. It is obvious that by buying the domestic currency from the central bank, its supply decreases and there is a less money in circulation, which means that a money decrease shifts the LM curve to the left by bringing it to its initial equilibrium Eo. From the facts above and from the figure we can conclude that the monetary policy under fixed exchange rate regime is not effective in raising domestic output. This negative relationship between unemployment and inflation in the short run is explained by the Philips curve. In contrary, in the long run Philips curve is vertical line which is at the natural rate of unemployment. To explain the Philips curve, we must use the aggregate demand and aggregate supply in order to see the swap between inflation and unemployment, Nason and Smith (2008). If an expansionary fiscal or monetary policy is implemented, the aggregate demand will increase and it will move the economy to the higher output (in the short run), which will decline the unemployment. However, in the long run, because of the fact that aggregate demand increased and prices have increased, produces buy capital and pay workers at a higher price, which means that the IS will shift to the right, unemployment will start to rise again and the economy will end up at the initial output. In conclusion, it depends from the type of the economy in order to prove the effectiveness of the fiscal and monetary policy. Usually, in a open economy, if a country chooses to keep fixed exchange rate the fiscal policy is very effective tool for increasing the domestic output, however, monetary policy is not effective. On the other hand, if a country decides to keep flexible exchange rate regime the effectiveness of monetary or fiscal policy would be opposite to the fixed exchange rate regime.

Richness And Density Of Information Information Technology Essay

Richness And Density Of Information Information Technology Essay E-commerce is a method of trading via internet. This came into practice and became popular after the people are aware of the advantages in using internet to shop for their needs. The term e-commerce can be defined as a means of modern technology to sell goods and services through a web portal to deal with the needs of customers and traders to minimize maintenance charges, development cost as well as the delivery to the customers. (Ritendra Goel, 2007). It can also be called as e-marketing and is one of the fastest developing industries in the present world. It is gaining its importance as the shopping is just a click away instead of the traditional way of going to the stores. It also contains the exchange of information to make easy about funding and payment options of the business dealings. A major percentage of e-commerce is done electronically for essential things like an access to premium content of companies. Online sellers are called as e-tailers and online retail which is also known as e-tail. Approximately all large retailers contain this e-marketing on internet. E-commerce carried out among businesses is known as Business to Business (B2B). This B2B could be open to various users in the aspects like product exchange or limited to particular products, pre-qualified members, public or private e-markets etc. E-commerce can also be applicable to customers and businesses, moreover it is referred to as Business to Customer (B2C). Amazon.com is one of the leading website of such kind. (Steven N. Kalpan and Luis Garicano, 2006). Unique characteristics of E-commerce These days, e-commerce is considered as a buzz word. Many of the users promote websites, affiliate marketing and SEO and other things, however their aim is to gather the clients and sell the online services or products of the corresponding company. Electronic medium is the main tool available to purchase the online products. Following are the considerable characteristics of e-commerce (E-Commerce, 2010): Ubiquity: In conventional commerce, the global market is a physical place where all the users visit to transact. For instance, radio and television are normally directed to motivate the consumers to visit the places to purchase the products. E-commerce is ubiquitous since it is present everywhere during all the times. E-commerce releases the marketplace from being constrained to a physical space and allows shopping the users from their desktop or laptops. Hence, the outcome is specified as market space. From the consumer point of view, ubiquity reduces the transactional costs. In order to perform, one does not require spending their money and time travelling to their nearer markets. More clearly, the ubiquity of e-commerce lessens the cognitive energy which is needed to complete a mission. Global Reach: Generally e-commerce is a technology which allows the commercial transactions to national and cross cultural boundaries extremely more effectively and conveniently when compared to conventional commerce. Hence, the possible market size of electronic merchants is approximately equal to the worlds online population size. Universal Standards: The unseal characteristic of e-commerce technology is the technological standards of Internet and hence the technological standards for carrying out e-commerce are generally the universal standards these are shared by all worldwide online users. Interactivity: Dissimilar to the commercial technologies of the present generation, there are possible ways of interactivity through telephone. Hence the technologies of e-commerce are interactive enabling the two-way communication among the consumers and merchants (E-Commerce, 2010). Richness and Density of information: Internet immensely increases the data density. Quality and total amount of data is available to the market participants, merchants and consumers. The technologies of e-commerce lessens the data collection, communication, storage and the handling costs. Simultaneously, these technologies enhance the timeliness and accuracy of data, enabling data more important and useful than ever before. Hence the data becomes cheaper, with higher quality and available in plenty. Richness of data refers to the content and complexity of a message. Personalization: The technologies of e-commerce allow personalization. Online merchants can aim their marketing notification to particular individuals by altering the message to an individuals name, their interests and previous purchases. The e-commerce technology also enables the customization. Online merchants can regulate the service or product based according to the prior behavior or users preferences. With the use of e-commerce technologies, it is easier for the merchants to recognize the online consumers and utilize the data more efficiently than ever before. Merchants can utilize this data to enhance the new data asymmetries, develop their capability to charge premium prices, brand products for high quality services and divide the marketplace into never-ending groups, sub-groups and everyone getting different prices based on their account history (E-Commerce, 2010). Research on E-Commerce The online transactions using the e-commerce are very high in the year 2006 with hundred billion dollars in United States of America i.e., ten percent of the years total domestic market which shows the increasing trends in online shopping. Almost 33% of the people doing online shopping are relaying on the search engines for their needs. But a characteristic feature of the online shopping trends that people believe in the word of mouth of others when it comes in selecting the best website for online shopping or of the company than the results found through the search engine. Before starting an e-commerce or business through website, there is a need for the firms to analyze the uses and suitability for their products or service which are being offered to customers. In the present market, the most common items being purchased online are Books, Cloths, perfumes, mobile, some of the grocery and latest technology products. So firms must recognize the areas in which e-commerce can be implemented unlike implying on all segments of business. They must decide before implementing electronic commerce in business dealings. This will enable the firms to adopt appropriate strategies to utilize the existing resources that are available in the company. While doing the research, it is found that e-commerce business is available for all the small to large businesses based on the brands or products. However, there are very few websites which got integrated with different brands or shops or products but the thing is only integration is with respect to the products like all the super markets shopping at one place or different mobile shops at one place but there was no website which could integrate irrespective of the category. When browsed online, it was noticed that most of them are very slow and didnt had good look and feel. Also, no security was provided to the customer details or card details. Hence, it resulted in designing the e-commerce website with the title iStore sounds like Internet Store. The project is a web application for users to browse and purchase different products from different shops or brands of their choice using the present upcoming technology known as Adobe Flex Builder and also a tool called Xampp which got the different servers and database integrated in one tool. The project is divided into two modules one is for admin side and the other is for user side. The admin side consists of different operations like adding stores, managing store, adding products under different categories with respect to the stores etc., and on the user side we got the features like viewing the products, adding them to the cart, checkout with fully secured features for card payments, login and logout etc. Mainly inspired by the online shopping business have determined to develop the solution for e-commerce using the latest technology in order to provide rich user interface , user friendly navigation and secured payment options. Features of e-commerce: Any Portal with the below features can be a e-shop. Categories: Generally the online stores have different categories like Books, Antiques, Baby products, Arts, Industrial and Business, Photo and Camera, Vehicles and Parts, Boats, Cars, PDAs and Mobile Phones, Shoes and Accessories, Clothing, Electronics, Toys, Jewelry, Computers and Networking, Dolls and Bears, Crafts, Movies and DVDs, Beauty and Health, Home and Garden, Music and Instruments, Watches, Pet Supplies, Glass and Pottery, Specialty Services, Real Estates, Sport Memo, Sporting Goods, Tickets, Stamps, Hobbies and Travel, Games, and etc. Online users can browse the above products to view and purchase the products. Products: The website enables the user to browse different product based on the categories. Accordingly, the products will be displayed with brief descriptions like price and name along with thumbnail images. Product Details: The complete details of the product can be viewed by the users by just clicking the on their desired product to see the product description, bigger image and video of the product and if the customer like the product, the customer can directly add the product to the cart.. Shopping Cart: E-commerce provides all the solutions for the online users. The e-commerce website generally specializes in business to consumer, business to business, Web Stats, Inventory Management and e-accounting. The websites of e-commerce are totally equipped with IP Fraud checking and ecommerce security. Hence, providing all the shopping cart features like enabling the users to add or remove the products to the shopping cart. The amount to be paid can be viewed by the customer on the cart panel. Login: Login page is provided so that user can get his desired products. Once the customer finishes the shopping they needs to login for the payment options which enables the security feature. If the customer is not a registered user, then customer has an option called New user? Register here to register himself. Once the registration is finished, he can complete the shopping. Registration : Registration form is provided so that the users can register themselves before purchasing their desired products. Here, the new user is intended to register with the website for finishing the shopping. Based on the details like User name, password, retype password ,e-mail id etc. to finish the registration. Payment Type : Once the customer is logged in he can pay the bill by two options like pay with cash or pay with card. Confirmation: Finally, the users are provided with the checkout product list for billing purpose. This process of checkout requires the Users to login in order to track their order. Admin: The site administrator has been provided with the admin panel to manage the stores and the store administration has been provided with the admin panel so as to manage the portal content such as products, categories, etc. Business Analysis: A business can be defined as an organisation or industry or online service that provides services like selling or buying the goods providing career to others. Any Business results either in profits and losses. To start a new business there is a need for good planning and organising, nevertheless research. Now-a-days business is not constrained to an organization or an industry but is boundless to the whole world considering e-business as an example. Online business is booming everywhere as it changes the way the people do their business using the internet with just a click without effecting other facility. Any business needs a strategy i.e., scope and direction to maintain the business for long term and to have good customers. Revenue: Any Business needs a revenue i.e., money which can be received from selling products or services. The total revenue for any company is calculated using the formula Total Revenue = Selling Price per unit *Number of units Sold For example if a company sales a single item for  £1.10 with a profit of  £0.40 than its revenue is ( £1.10 * 1)  £1.10 with a profit of  £0.40. Similarly for 10 items it would be ( £1.10 * 10) is  £11.00 would be the total revenue with a profit of  £4.00 i.e., profit is calculated as Profit = Total Revenue Total cost If the Revenue is greater than Total cost than it is profit and if revenue is less than total cost than it is loss. In the present project iStore the business gets the revenue from Once the store is registered, the store is provided with a 15days free trial and thereafter if the stores want to continue the store is charged particular amount. For every product sold from any store the iStore gets 5-10% of profit from the cost of item sold. User part got the advertising banner for advertising products or stores, which is one of the sources of revenue. For the delivery of the products the customer is charged  £3 for normal delivery and  £7.99 for the express delivery. In this business everything is insured like the products being sold, Equipment used like vehicles used for delivered .An insurance police will be provided to the company and also the employees. Methodolgy : This part of the document gives the information about the technologies used to develop the project and the technologies being used are compared with the other technologies avaliable in the market to show how good is the technology we are using. Background : The web designing projects are developed using different tools and technologies with a database. In general, a web desinging can be developed using the technologies like asp,jsp,java. Dot net, PHP, mxml, and xml etc and there are different databses like Oracle, SQL , MySQL etc. But, for the e-commerce application being developed uses PHP, Mxml , CSS and the database My SQL providing the customers to have a good look and security with easy navigation. Technology Assessment : Web Servers : Any Website is placed on a computer known as a webserver and this servers are always connected to the internet . Every websever is connected to the internet and is been given with a unique address which is a series of four numbers between 0 to 255. The range would be from 0.0.0.0 to 255.255.255.255 . For Example 68.178.101.200 . Mainly there are four webservers in the market Apache HTTP Server : Apache web server is developed by Apache Software Foundation and it is the most popular web server used world wide . More than 60% of the web server machines use the Apace web server which is an open source software. The great thing of the Apache web server is it can be used or installed on almost all the operating systems like Linux,Unix, Windows ,FreeBSD, Mac OS X and more. Internet Information Services (IIS) : IIS is a web server from Microsoft it has got very high performance. IIS web servers are designed to run on windows NT/2003 and 2003 servers as this comes bundled with Windows NT/2003 and 2003. And even new version of IIS are avaliable for windows new versions. Lighttpd : The Lighttpd is a web server that is avaliable free and is distributed with the FreeBSD operating system and is pronounced lightly. As like Apache it is also a open source software which can run on the different operating systems like Windows, Mac OS X , Linux and Solaries. It got the features like fast, secure and consumes very less CPU power. Jigsaw : Jigsaw(W3Cs server) is also a open source software and avaliable free of cost and can be used on different platforms like Linux, Windows ,Unix, Free BSD, Mac OS X etc, and it is been developed in Java even than it can run CGI scripts and PHP programs. It comes with the World Wide Web association. Conclusion : Considering the features of the different servers available, I finalized to use Apache web server as it is most popular open source software and most of the hosting providers provided apache hosting. Web Application Scripting Tools: Any web application is developed using the scripting tools like PHP, ASP , JSP or Pyton for creating web pages. Benefits of PHP over other Scripting Tools PHP Hypertext Processor is a web programming language on server-side which can be embedded into HTML (Hyper Text Mark-up Language). The uses and benefits of PHP are extensive that includes any sort of server functionalities like taking the inputs from the user and manipulating and displaying the outputs. PHP is considered to be a platform independent as it runs on both UNIX and Windows servers thus it is considered to be more accessible than Windows (ASP). This scripting language is gaining its hold in the programming area of development. This is another language in the slot of object oriented language which even has speed on Linux server which is useful to build large and complex web application. PHP is a useful programming and scripting language as it is easy to integrate with the given web pages and allows for the use of advanced programming structures in the development. Another main advantage of PHP compared to other scripting languages is that it easily and very well interfaces with MySQL which is a popular type of online database. Another add-on point of PHP is that it is an Open Source code as it is available public for free whilst the source code for ASP.net and other language based product cannot be obtained. With all these reasons PHP is considered to be relatively cheap and best programming and scripting language for the open source products. As it is an open source programming language the code can be shared between the developers without any reflexes. This indeed leads to the stage where the developers can rely on each other for using the characteristic of reusability of the pieces of the code which can be termed as functions, classes instead of developing the common piece of code every time and reinventing the wheel. This scenario will reduce the production time vividly. Some of the benefits of PHP over other open source languages like JAVA are as follows: PHP is considered as more swift development tool in comparison with JAVA if once the developer once get used to the process of developing the simple web pages. There is no particular IDE for the development of PHP applications. There are some tools like Komodo for checking the syntax at real time process and debugging. It is not necessary to restart the server whenever it is required to update a PHP file unlike does in JAVA. Even this is not exact problem with JSPs but when it comes to Java Servlets the web server will try to unload all the classes from the memory and reload it as and when requested. These are some of the advantages of PHP over some other scripting languages and some other open source developing languages. Therefore I have chosen PHP for the project development process as it is open source, lightweight and rapid in comparison with other technologies like MS.NET Database : Any e-commerce needs to have a database for storing the data of the registered users, products, etc. In market, there are lot of database systems available like Oracle, MySQL , SQL Server etc. Benefits of My SQL over other Database Major database systems that are used in the present web developing systems are Microsoft MS SQL server and My SQL. These two systems are similar with respect to the general data manipulations some of the features like supporting the primary key operations, key indices which enables the user to speed up the operations and queries and restrain input. In addition to this these two systems Microsoft offer some form of support to XML formats. But the advantages of MySQL over the other start with its nature of open-source system which is not present in MS SQL server as it is a closed one and a build on proprietary structure. MySQL is an open storage and extensible database engine that offers multiple variations such as Berkeley DC, InnoDB, Heap and My ISAM while these options cannot be seen in MS SQL server as it offerings are limited only to a Sybase-derived engine. MySQL has major advantage of integrating impeccably with any number of web designed technologies and programming languages which keeps it over the MS SQL server. MySQL is also considered to be ahead in terms of its compatibility which works better than any Microsoft products. MySQL is considered as a robust, fast database with relatively good feature set. If any project is designed to be portable then its pretty good to implement on My SQL. It also offers a very good admin security and a good database system to implement. Postgre SQL is one of the other open s ource relational database management system which matches the standards and operations of SQL server and also runs on different platforms. In spite of all these features it is a slow due to its advanced features and becomes complicate to use by the developer in a large web developing projects (Mike Jewson, 2006). Due to these advantages, MySQL has been chosen for the database management system in this project. User Interface : Benefits of Adobe Flex over Silverlight Adobe flex is an open source structure which runs in adobe flash player to create rich internet applications (RIAs). It merges the functionality of desktop applications with that of the accessibility of web applications. This tool will allow for the speed prototyping of difficult web applications. The aim of flex is to understand the Adobes goal for its suite of products. And adobes goal is to influence the wide number of designers who already know with adobe design tools. Whereas for Microsoft Silverlights goal is to influence the Windows Presentation foundation framework (WPF), the .NET framework and also its ascertained developer base. WPF is used to present a visual front end for all windows foundational applications. Flex has a wide selection of out of the box elements like DataGrid, Tree and Panel which are employed to deliver the view of a Flex RIA. These flex applications are collected into Flash bytecode and it runs in Flash Player. It also influences Flash transitions and animations and supports media streaming and data push. Flex applications programming is done in combination of MXML and Action Script languages. When it comes to Silverlight this type of programming is not possible (Chris Giametta, 2009). Adobe flex events are more spontaneous than the Silverlight to implement. This can be defined as static resources in App.Xaml and compiled into the application. These two tools provide XML based mark-up language and with convenient methods for designing controls. But there are some differences which are practically proved between these two tools-Flexs MXML and Silverlights XAML. Prior tool is assembled straight into Action Script modules. If Flex builder is used, then developer could set a breakpoint directly in MXML and wait for it to be performed. After breakpoint is reached the object and its related property assessments can be examined. Silver lights XAML is gathered into common runtime object code. This creates problems with debugging. This tool is less compact and is more flexible than flex (David Roossien, 2009). Technical Analysis: iStore project is divided into two modules the first module is Admin which got two things iStore admin and store admin and the second module is User . User Features: Home Login Categories Featured Stores Products Product Description About Us Contact Us Shopping Cart Check Out Payment Options ( Card or Cash) My Orders Search Logout Store Admin features: Login Manage Orders Products Add new Products Logout iStore Admin Features : Login Manage Orders Manage Stores Add new stores Manage Categories Add new categories Customers Change Password Logout Application Analysis Design: Application Implementation: iStore project has been implemented using PHP, Adobe Flex Builder and My SQL. This project is divided into two modules such as Admin module and User module. Admin Module This module got two categories iStore Admin and Store Admin. iStore Admin Login Page:  Here the admin users login in to the site using the login details provided by the iStore team. If the admin enters wrong user name and password then user will be prompted to re-enter the correct user name and password. When the login details are successful the webpage redirects to the Home page which is Manage Order. Once the admin is logged in he got the permissions to manage the stores, categories or change password as the admin is given with some default password. Manage Stores:  Admin is responsible to manage the stores i.e., adding the new stores are editing the stores that is deleting the existing the stores ,or by clicking on the products link in the product of the table which is displayed in the form admin can view all the available products under a particular store name and can manage the products as well. Manage icon in the manage field of the table is used to edit the required attribute with respect to the products and the stores in the site. Delete icon is used to delete the stores which are no more required or no more posting the products onto the site. On the top right corner of the table there is link called Add New Store through which the admin can enter new store and register them accordingly.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Add new Store:  This form is accessed by the admin user to add new stores so that the user can post the new products or services into the site by creating the new store. Here in this form it is required to give the store name logo, image of the store and branch of the store with a user name and password so that the store admin can login to add the products, when the iStore admin wants to add a new store. Here it is even required to mention the status of the store whether it is active or inactive by selecting check box given in the form. The Store logo is displayed on the home page of the user . Manage categories:  This form is used to manage the products that are posted onto the site. This is done by the admin user to manage the products and its arability on the site. Here by clicking on the icon in manage field of the table category details can be edited according to their requirement and specifications. If the admin wants to delete the field admin can do that by just clicking on that delete icon. On the top right corner of the table there is link call Add New Category through which the admin can enter the new category or the products type into the site. Thus the product type or the categories can be managed by the admin through this form in the site.       New Category:  This form is sued to enter the new categories of the products into the site. When the admin clicks on the top link in the manage categories form the form will be redirected to this page. In the form admin can enter the details of the new category they want to enter into the site and even have to mention the status of the category by selecting the check box active in the form to keep that particular category in active state and once save button is clicked the category is saved. And the page will be redirect to the list of the categories page. Admin Categories Page In this page the list of categories will be displayed and there will be option for the admin to update and delete the category. On the right corner there is a link called add categories if this is clicked then it will redirect to the new category page. Admin Add new Products In this page the admin can add the product providing the details that are required for adding a new product. The fields in that page are selection of the category giving the product name, image , video , cost and description of the product. And there is a check box called Active if it is checked then that particular product will be displayed on the product page under selected category and if it is not checked then the product will not be displayed. After that admin just needs to click on the save button. Then the page is redirect to the list of products under that particular store. Even the store admin can also add the new products if required. Admin manage Products In this page the list of added products are displayed and the admin can manage the product by clicking on the manage icon and can also delete the product by clicking on the delete icon. Manage Order: In this page the admin can see the order and can modify the status of the delivery of the order. Clicking on Order Info will give the complete order details including how the payment is made, list of items purchased, total amount paid etc. Clicking on manage will provide the option of editing the status. Change Password: In this page the admin can change his password by typing new password field and retype password field, and clicking on the save button. Log Out Every form have the log out link on the top right corner when clicked on that link then the admin is logged out from that account. Store Admin Module : Login: The store admin can login to check the orders , products for particular category. Manage Order: In this page the admin can see the order and can modify the status of the delivery of the order. Clicking on Order Info will give the complete order details including how the payment is made, list of items purchased, total amount paid etc. Clicking on manage will provide the option of editing the status. Products In this page the list of added products are displayed and the admin can manage the product by clicking on the manage icon and can also delete the product by clicking on the delete icon. Add new Products In this page the admin can add the product providing the details that are required for adding a new product. The fields in that page are selection of the category giving the product name, image , video , cost and description of the product. And there is a check box called Active if it is checked then that particular product will be displayed on the product page under selected category and if it is not checked then the product will not be displayed. After that admin just needs to click on the save button. Then the page is redirect to the list of products under that particular store. Even the iStore admin can also add the new products if required. Log Out Every form have the log out link on the top right corner when clicked on that link then the admin is logged out from that account. Customer Module Home Page Home page is the initial page of the Website. In this page on the top right corner there are four links they are Home, Products, about us and Contact us. By clicking on the about us link the page is forwarded to the about us page. If clicked on the products or contact us they forward to their respective pages. On the left side of the home page there is a panel for login in t

Show how Blake creates opposing attitudes and ideas in his songs of Ess

Show how Blake creates opposing attitudes and ideas in his songs of Innocence and Experience. Show how Blake creates opposing attitudes and ideas in his songs of Innocence and Experience.David Jessup 11A1 Blake creates opposing attitudes and ideas by using contrasting, emotive language and also by using characters with opposing opinions and attitudes. In "The Chimney Sweeper" Blake uses characters with different situations and lifestyles to show how distraught the chimney sweeps can be when they are sent away from their families to work at a very young age. In "The chimney Sweeper from "Songs of Innocence" the young boy is described as an "angel" and also as a "lamb", both often used as symbols of innocence and purity. Blake uses symbols of innocence as an alternative way of describing the children as innocent. He used various similes and metaphors in the Innocence poems to make the poems more light hearted and to also convey a sarcastic tone because of the obviously false descriptions. "All of them in coffins of blackà ¢Ã¢â€š ¬Ã‚ ¦an angelà ¢Ã¢â€š ¬Ã‚ ¦opened the coffins and set them all free", the coffins of black suggest that by fulfilling their tasks as chimney sweeps the children are going to their eventual death from suffocating or some other form of detath in the dark, smoky chimneys. With language like this Blake managed to portray his beliefs without going against the Church or the State directly. This meant that although he was criticised he could look at both sides of the lives of children without being accused of being single minded or patronising. In "The Chimney Sweeper" from Innocence the narrator is the chimney sweep himself; this is an effective method because Blake can then use the child's... ...he year that orphan children are paraded through the streets in bright colours as soldiers. Blake uses this viewpoint so that a neutral opinion can be gained of both a sinister viewpoint of the parade and a gratuitous viewpoint. "With wands as white as snow," show the beadles as pure and leading the children in a good cause but in Experience the beadles are shown in a different manner. "Fed with a cold and usurous hand?" showing the beadles cruelty and content to be selfish and treat the children as objects not human beings. The poem I like best of all six is "The chimney Sweeper from Experience because it takes the misuse of chilren in a bad situation and describes it in an even darker manner. "They clothed me in the clothes of death", the childs knowledge is invaluable that he knows of his inevitable detah even though he is only a young child.

Essays --

Bipolar disorder is classified as a chronic illness that may require a life-long treatment plan to keep under control. Bipolar disorder is also known as manic-depressive disorder. A person that has bipolar disorder can experience drastic variations in their moods ranging from manic highs to depressive lows. Bipolar experiences can vary all depending on the individual. Through this paper we will look at the influences, causes, symptoms, and treatments of this disease. Over two million Americans are diagnosed with bipolar disorder. This rise in diagnosis of bipolar disorder is contributed to the inaccurate diagnosis of this disease. To begin to understand bipolar disorder, knowing the two main categories Bipolar I and Bipolar II is a must. Bipolar I disorder is the state of this disease where the individual diagnosed has high depressive manic cycles. The individual displays feelings of increased socialization, talkativeness, self-importance, and impulsivness. People experiencing this manic-depressive state often sleep for a few hours. This sleep deprivation can cause these individual's depression to spike causeing them to be very angry and irritable. Patients with Bipolar II display a form of mania called hypomania. Unlike Bipolar I, individuals diagnosed with Bipolar II have low energy levels, hypersomnia, and fatigue easily. Bipolar disorder is extremely dynamic in the sense that it does not just affect the individuals mood. Bipolar disorder affects patient's ability to manage feelings, it takes a toll on their mind and body, and bipolar disorder makes it extremely difficult to cope with everyday life. This disease causes major psychological pressure. Bipolar disorder does not discriminate among race, ge... ...isodes. In other cases, episodes can be directly related showing seasonal patterns. These cases are called "rapid cyclers" meaning four episodes within twelve months. In patients with Bipolar I the disease usually starts with a manic episode. The manic episodes that the individual has outweighs the depressive episodes. In Bipolar II patients suffer from sever depression. They might undergo slight manic episodes, but depressive episodes do outweigh them. In mixed states depressive and manic symptoms occur simultaneously in rapid successions. Bipolar disorder can be life threatening due to the extreme mood swings between the sense of hapiness or despair and grief. The continuous alteration between episodes makes it profoundly difficult to deal with everyday normal life and situations. This can cause an increased risk of suicide in bipolar disorder patients.

Canteen hygiene in Eastern Visayas State University Essay

Every school in the country should be strongly committed to support student health and well-being through its curriculum and a range of initiatives that offer opportunities that promote physically fit individuals who love eating healthy food. Schools are encouraged to implement comprehensive health and well-being programs, including food and nutrition education. The establishment and operation of a school canteen is important in developing love and interest in buying nutritious and healthy food among students, faculty and the school personnel, making it possible for them to enjoy nutritious and healthy food at affordable prices during the school day. The canteen should also provide a variety of foods and dishes that enhance the skills and knowledge learnt in the classroom about food and nutrition. Canteen operation can be considered one of the auxiliary services of the school. Food handlers have a prime role to play in food businesses, and that is to guarantee that meals served are h ygienic for consumption. Conscious or inadvertent contamination of such food places consumers at risk of suffering from food- borne illnesses. Food poisoning in school canteens had been an occurrence. For this reason this study will be carried out to assess canteen hygiene of the privately managed canteens in Eastern Visayas State University. Read more:  An Introduction to the Importance of School Canteen Statement of the Problem This study will be conducted to assess hygiene on these privately managed canteens inside the campus of Eastern Visayas State University. Specifically, this study aims to answer the following questions. 1. What is the level of premises cleanliness of the canteens in the following areas? 1.1 Food Preparation Area 1.2 Food Storage Area 1.3 Refreshment Area 1.4 Toilets and Staff Locker Area 1.5 Waste Disposal Area 2. What is the level of personal hygiene of canteen staff (food handlers)? 3. What is the level of hygiene on the following? 3.1 Dry Goods Storage Unit 3.2 Refrigerator/ Chiller/ Freezer 3.3 Cooking Equipment 3.4 Food Preparation and Holding 3.5 Food Handling and Serving Practices Research Hypothesis This study will advance and test the research hypothesis which states the level of premises cleanliness of the canteens, the level of personal hygiene of canteen staff and the level of hygiene of the canteens in Eastern Visayas State University. Conceptual Framework Schools are in a good position to endorse healthy food related behaviors in students and help ensure appropriate food intake. Food items sold in and around the school during school hours/recess play a special role in school life because it provides refreshment and fulfills energy requirements of students. Canteens vary in terms of capacity depending on the number of students who eat from there, type of food offered and the type of activities such as preparation, cooking and storage. The school canteen has an important role in the provision of food to students and the school community as well as being an integral part of the school environment. The school canteen should feflect the education goals of the school and support and complement student learning. When a university canteen is used daily, the food provided through this service may comprise a third of a student’s total daily intake and have a significant influence on their health and nutrition. The correct handling of food and a high level of personal hygiene are keys to food safety. Correct food safety procedures must be understood by everyone who handles food or works in  the canteen, including students. Significance of the Study This study is not only important to those operating canteens, but also to following people who are interested to have knowledge and compliance with the requirements on food safety and hygiene of canteens. To the Administrator. The result of this study will help both the teachers and the students gaining knowledge in maintaining the good hygiene in operating of canteen. To the Teachers. As the result of this study will guide the students on choosing canteens that serving well-prepared meals and has good hygiene habits. To the Canteen Owners. The use of these requirements will help them improve their management of their canteens. To the Students. This study benefits to the student who eat in diferrent canteens, which is help them to find canteens that they know prepareing safe food. Scope and Delimitation The study will determine the canteen hygiene in Eastern Visayas State University. The investigators will focus on canteens hygiene of the canteens in the Eastern Visayas State University. The respondents of this study consisted of the 75 canteen personnel and 50students from different year levels. This study was limited to the assessment of canteens hygiene in term of the level of hygiene in dry goods storage unit, refrigerator/ chiller/ freezer, cooking equipment, food preparation and holding, food handling and serving practices.This study conducted during the school year 2014-2015. Definition of Terms The following terms are having operationally defined for better understanding of the reader. Hygiene. In this study refers to the good healthful conditions of the personnel. Inadvertent. Not resulting from or achieved through deliberate planning. Food- borne illness. is an infection or irritation of the gastrointestinal (GI) tract caused by food or beverages that contain harmful bacteria, parasites, viruses, or chemicals. Chapter II Review of Related Literature and Studies Related Literature It is essential that food is properly handled and prepared to keep it for health. Food should be served in clean dishes. Food can be dangerous if not properly handled, prepared and stored. Schools canteen can play an important role in promoting healthy habits. Health promotion messages can be delivered to students to develop lifelong attitudes and skills. â€Å" Poor oral health can have a detrimental effect on children’s quality of life, their performance at school and their success in later life† , mentioned by Kwan, Petersen, Pine and Borutta (2005). In the local setting, Presidential Decree No. 856 embodies the code in sanitation of the Philippines. Section IX of the code specially pertains to food establishment sanitation. Knowledge and compliance with the requirements of the sanitation code by the foodservice operators will ultimately redound to their own benefit since customers prefer eating in clean and sanitary premises. The maintenance of high standards of san itation in the foodservice operation cannot be compromised by management. Sanitation should be treated as a way of life in foodservice because any laxity in sanitation rules can mean illness for customers, loss of business and financial bankruptcy. Hired people handling food in the canteen should be required to undergo training for food handlers, obtain a certificate of good health from the municipal health department and observe hygiene. Related Studies The aforementioned study was similar to the present study included factors like Sanitation in Physical Facilities. According to Medrana (2004) in her article, school canteens have always canteen or cafeteria is different from a commercial outfit that is also  subjected to government sanitary controls. Whereas commercial canteens and restaurants are established for profit as the main object, a school canteen is set-up mainly to benefit the students while offering them decent yet affordable fare. Recalled by Morphet (1994) the schoolfood service was since then a major division of school operations. It was estimated that the gross expenditures for the school lunch program was approximately one billion pesos during the year 1956-1957. According to Maniquiz (2009) enough knowledge is imperative to canteen managers for their role is to make decisions that will affect the entire canteen organization. Chaper III Methodology In this chapter presents the design or methods and produce with the study will be undertaken and describes the instruments used in gathering the data, the analysis of the data in testing the hypothesis. Research design This study will use a descriptive survey method with questionnaire as the main tool in gathering the data. It is descriptive, as it presents the different practices in canteen hygiene. In other words, this research endeavor will assess the hygiene of all canteens which is concerned the students. Research respondents The data of this study will be gathered from all the canteens in the Eastern Visayas State University. Included in this study will be the canteens who are officially registered in the University.

Introduction/Conclusion on Drug Abuse

Robert Cain Cocaine, Marijuana, Meet, Crack Cocaine, Heroin, and Prescription Pills are all illegal drugs. All of these types of drugs can be found on any corner of America these days. It seems that a lot of Americans are doing them. Many Americans are tempted by the excitement or possibly the escape these drugs seem to offer. Learning about the facts of these drugs can help you see the potential risk of chasing the excitement and escape. No one knows exactly why so many Americans are using drugs.Some use drugs as a way to escape reality and some may use them just to fit in. While others use them to be rebellious and get attention. Many people use drugs because they feel It will help them cope with whatever feelings they are trying to mask. The sad truth Is after using the drugs many of the users have a feeling of regret and feel worse than they did to begin with. Drugs can ruin every aspect of a person's life. That Is why It Is very Important to spread the word of how damaging drugs can be. In conclusion with drug use in America.No matter what type of drug you try you are that much closer to becoming addicted to it. All it takes is one time try it and like it. Drugs can ruin everything you have worked so hard for. Help me spread the word on how not to become a drug user. COW use drugs as a way to escape reality and some may use them Just to fit in. While they feel it will help them cope with whatever feelings they are trying to mask. The sad truth is after using the drugs many of the users have a feeling of regret and feel is why it is very important to spread the word of how damaging drugs can be.

Doing Business with Multinational Organizations

INTRODUCTION Owing to the fast evolution of information and technology organization are operating in an environment where the geographical boundaries are none existent and a company with a subsidiary in another continent operates as if they are in the same city. This paper seeks to identify how this has affected way of doing business by multinational organization by looking and four aspects, which are cultural differences, ethical issues, strategy and industrial or business. 1. CULTURAL DIFFERENCES Culture plays a very important aspect in various aspects of business especially for multinational corporations (MNC) operation on a global level. Cultural variations affect the way a firm conducts its business in different geographical regions and around different cultural settings so that they widen their market base, increase revenue and reduce conflicts resulting from cultural differences(Deresky,2008).Managers of MNCs have to understand what implications cultures have on various busine ss transactions. The main areas where cultural factors affect multinational corporations are: 1. 1. Influence on Strategy that will be used A multinational company must research on the cultural aspects of a new market they would like to venture in. They have to understand the likes and dislikes, preferences, what is considered right or wrong, what is valued, what is the common belief in the area they are going to operate in.An example is in Saudi Arabia where religion dictates what happens in normal business transactions and daily activities for instance for Muslims who pray five times a day, departmental stores and other businesses created room to allow the Muslim customers and employees to pray moreover during the month of Ramadan, most businesses are closed during the day as the Muslims are fasting and are less active during the day and opt to open in the evenings when people are more active. 1. 2. Communication Language and non-verbal communication are cultural cues that affect passing of messages from one party to another.Communication between parties that come 2 from different cultures becomes more challenging because of the differences elements of culture and what they value in communication. Different cultures have different communication styles (Gallois and Callan ,1997). These communications styles are: 1. 2. 1. Explicit Vs Implicit Communication Explicit communications is where someone when someone talks it is straight to the point and unambiguous for example Americans. Implicit communication is usually indirect and inexact for example Indonesian communication.For instance a mother telling a man that he is not compatible with her daughter serves him with tea and bananas instead of telling him directly (Gallois and Callan ,1997). 1. 2. 2. Direct Vs Indirect Communication Direct communication states direct action for example ‘has this report done before you go home’. When someone hears direct speech they know what is to be done. Greek emp loyees prefer this kind of communication as they prefer orders as compared to their contribution in management decisions. Indirect communication is not authoritative and encourages input from the listener.American managers prefer this kind of communication as it goes with their managerial style of participatory management. 1. 2. 3. Silence Vs Verbal exaggeration Silence is also seen as a way of communication but different cultures perceive silence in different contexts. The Japanese use silence during negotiations as a strategy to control the negotiation process however if their counterparts are 3 Americans, they would see this silence as lack of knowledge or an indication to move to the next point. On the other hand some cultures dramatization and over emphasize to express the gravity of the matter.This has been observed in the Arab states where common words are used at the end of sentences and pronouns will be repeated for emphasis also used are graphical similes and metaphors. Ma nagers in multinational corporations should therefore study very carefully which communication style takes prevalence in what area and use what is preferred (Gallois and Callan ,1997). 1. 3. Non-verbal communication Non-verbal is another way of communicating messages and portrays messages with more emphasis than words as they say actions speak louder than words. Non-verbal communication includes body movements, posture and gestures, facial expressions.In intercultural communication, it is possible that people rely on non-verbal communication especially when verbal messages are unclear or ambiguous. This is because non-verbal communication is used to add meaning to our verbal communication. How non-verbal communication is used also varies for example low context cultures like the Americans tend to concentrate less with non-verbal communication. This means that it is not there but it is given little importance compared to the words. Examples of non-verbal communication cues are proxem ics (space), tone of voice, body gestures, facial expressions and eye contact (Gallois and Callan ,1997). . 4. Negotiations This is a process where business people engage in discussions with the objective of 4 reaching an agreement that will result in the parties involved benefiting. Negotiations for multinational corporations are usually with the suppliers of capital (investors), suppliers, service providers, the Governments involved (either domestic or foreign), customers and the society. Managers should be aware of the sensitivity and complexities of negotiations especially that are caused by cultural differences as these are usually the key to success (Horst,1972).The multicultural negotiation process is as outlined below 1. 4. 1. Preparation: Understand the counterpart’s culture as compared to ours and identifying the differences. Meant to make us understand the counterparts culture 1. 4. 2. Relationship building: This stage is used to build trust, some cultures find thi s step irrelevant while others emphasize on relationship building and spend more time here. 1. 4. 3. Exchange task related information: Presentation of details by each the parties and they state their stands. Culture dictates how much information is revealed. . 4. 4. Persuasion: Each party tries to convince the counterparts to take their option by explaining the benefits each would get from their stand. 1. 4. 5. Concession and agreements: This is where agreements are reached and using culture, negotiators know how they will get to this point. 1. 5 Motivation This is what gives human beings or groups the desire or willingness to do something 5 in terms of work and personal life and such a context is greatly influenced by cultural variables that affect attitudes and behavior. Using Hofstede’s ultural dimensions we can evaluate how different motivation methods by multinational corporations would affect employees from different cultures especially if they use the same methods acr oss several countries. 1. 4. 6. Individualism/Collectiveness People who are members to a culture that promote individualism such as the American culture would be motivated by opportunities for individual advancement and autonomy plus they would prefer individual rewarding systems than people of a collectivist nature who would prefer rewards of the entire group and would be motivated with what will advance the entire group. . 4. 7. Uncertainty/Avoidance People who are members of cultures who prefer to avoid opportunity would prefer job security while the opposite would be motivated with risky opportunities for variety and fast track development. 1. 4. 8. Power distance A low power distance culture will be motivated by team work, contribution coming from all members while in a high power distance, motivations comes from the relation ship of the managers and the subordinates. 1. 4. 9.Masculinity/Femininity A masculine culture would prefer the traditional division of work and roles by g ender and each gender to stay in their positions for example the traditional African culture 6 while in a feminine culture is open and will motivate people through flexible roles and equal opportunity . (Harris and Moran ,2000) 2. ETHICAL AND LEGAL ISSUES Globalization has led to the development of worldwide and regional governing bodies such as the World Trade Organization (WTO), European Union (EU) and the Common Market for Eastern and Southern Africa (COMESA).They are tasked with regulating interactions between economies and preventing conflicts as well as ensuring business ethics and legal measures are taken care of (Farrell et al, 2008) 2. 1Examples of Regional and world governing bodies 2. 1. 1. World Trade Organization The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments.The goals of the WTO include among others the administration of trade agreements, facilitation of trade negotiations, settlement of trade disputes, provision of legally binding ground rules for international commerce and trade policy. Basically WTO attempts to reduce barriers to trade between and within nations and settle trade disputes ( Ferrell, Fraedrich & Ferrell, 2008). The WTO can be said to favour the powerful multi-national corporations, which daily strengthen their grip on the world economy. This has led to smaller nations being forced to open up their trade areas e. China being forced by US to open up its trade 7 to allow U. S imports. Globalization of multinationals has many adverse effects on millions of people throughout the world. The overriding aim of the WTO, in short, is to create a world eminently fit for the multi-national corporations to live in. 2. 1. 2. European Union The European Union is the economic association of over two dozen European countrie s, which seek to create a unified, barrier-free market for products and services throughout the continent, as well as a common currency with a unified authority over that currency.The EU relies on member states to protect collective labor rights. The EU expects member states to have thriving trade unions and employees associations to participate in the legislative process at EU level that can help to implement directives at the national level. The EU also places considerable importance on upholding human rights standards in its dealings with 3rd world countries (Alston, 2005). 2. 1. 3. COMESA The Common Market for Eastern and Southern Africa, is a preferential trading area with nineteen member states stretching from Libya to Zimbabwe.COMESA formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. The main objective of COMESA is to facilitate the removal of all structural and institutional weaknesses of member States, and the promotion of peace; secu rity and stability so as to enable them attain sustained development individually and collectively as a regional bloc. Among other things, COMESA member States have agreed on the need to create and maintain: 8 ? a full free trade area guaranteeing the free movement of goods and services produced within COMESA and the removal of all tariffs and non-tariff barriers; a Customs Union under which goods and services imported from nonCOMESA countries will attract an agreed single tariff in all COMESA states; ? free movement of capita and investment supported by the adoption of common investment practices and policies so as to create a more favorable investment climate for the COMESA region; ? a gradual establishment of a payments union based on the COMESA Clearing House and the eventual establishment of a common monetary union with a common currency; and ?The adoption of common visa arrangements, including the right of establishment leading eventually to the free movement of bona fide pers ons. 2. 2. Effects of World Governing Bodies on globalization and business World governing bodies have opened up trade between member countries and as a result increased globalization namely through: 1. Reducing barriers to international trade through international agreements such as WTO agreements 2. Elimination of tariffs; creation of free trade zones with small or no tariffs 3.Reduced transportation costs, especially resulting from development of containerization for ocean shipping. 4. Reduction or elimination of capital controls 5. Reduction, elimination, or harmonization of subsidies for local businesses 9 6. Creation of subsidies for global corporations 7. Harmonization of intellectual property laws across the majority of states, with more restrictions 8. Supranational recognition of intellectual property restrictions (e. g. patents granted by China would be recognized in the United States) 9.Globalization has brought about the formation of alliances between countries such as the G8, NAFTA, EU, such alliances want to improve trade and business amongst themselves and companies operating outside these alliances have quite some disadvantage e. g. flower companies in Kenya selling flowers to the EU 10. World governing bodies and trade alliances such as EU, WTO stipulates the basic ethical rules that should be used in their member states. If companies do not comply they would have campaigns against them creating boycotts for their products. 10 3. STRATEGIES During the last half of the twentieth century, many barriers to international trade fell and a wave of firms began pursuing international strategies to gain a competitive advantage. Business strategies may include geographic expansion, diversification, acquisition, product development, market penetration, retrenchment, divestiture, liquidation, and joint venture. Strategic management enables organizations to recognize and adopt to change more readily; successfully adapting to change is the key to survival and prosperity. 2. 3. Two types of international strategy 2. 3. 1.Global strategy Treat the world as a single market. It is applied where forces for global integration are strong and force for national responsiveness is weak. For example this is true of consumer electronics market. Global Strategy is suitable for: ? ? ? Product is the same in all countries. Centralized control – little decision-making authority on the local level Effective when differences between countries are small 2. 3. 2. Multinational Strategy It treats the world as a portfolio of national opportunities. It is applied where forces for global integration are weak and force for national responsiveness is strong.For example this is true of branded packaged goods business for 11 example strategy pursued by Unilever. Multi domestic strategy is suitable for ? ? ? Products customized for each market Decentralized control – local decision making Effective when there are wide differences between the countr ies 2. 4. Strategies of investing abroad 2. 4. 1. Joint venture Marula (2006) defines joint venture as a venture that is jointly owned and operated by two or more firms. He further explains that many firms penetrate foreign market by engaging in a joint venture with firms that reside in those markets.Advantages of a Joint venture First these organizations are able to apply their respective comparative advantages in a given project and Marula (2006) gives an example of General Mills Inc which joined in a venture with Nestle SA so as that cereals produced by General Mill could be sold through the overseas sales distribution network by Nestle also Xerox Corp and Fuji Co. of Japan engaged in a joint venture that allowed Xerox Corp to penetrate the Japanese market and allowed Fuji to enter the photocopying business.Secondly a joint ventures enables organization especially in the automobile to offer its technological advantages for example General Motors has ongoing joint ventures with au tomobile manufactures in several different countries. 12 Disadvantages of Joint Ventures Association of Certified Charted Accountants (2004) asserts that disagreements may arise over profit shares, amount invested, the management of the joint venture , making the strategy and finally one partner may wish to withdraw from the arrangement. 2. 4. 2.Contract Manufacturing or Licensing Pearce and Robison (2004) define licensing as the transfer of some industrial property right from the licensor to a motivated licensee. They further explain that most tend to be patterns, trademarks, or technical know how that are granted to the licensee for a specified time in return for a royalty and for avoiding tariffs or import quotas. Advantages of Licensing Pearce and Robison (2003) argue that firms that use licensing will benefit from lowering the risk of entry into the foreign markets and used best in companies large enough to have a ombination of international strategic activities and for firms w ith standardized products in narrow margin industries. Disadvantages of Licensing According to Pearce and Robison (2004) is the possibility that the foreign partner will gain the experience and evolve into a major competitor after the contract expires as this was a case between U. S electronics firms with Japanese companies. Secondly they argue that another potential problem stems from the control that the licensor forfeits on production, marketing and 13 general distribution of its products.And this loss of control minimizes a company’s degrees of freedom as it reevaluates its future options. 2. 4. 3. Franchising Pearce and Robison (2004) define Franchising as form of licensing which allows the franchise to sell a highly publicized product or service, using the parent’s brand name or trademark, carefully developed procedures, and marketing strategies. In exchange the franchisee pays a fee to the parent company, typically based on the volume of sales of the franchisor in its defined market area. The local investor who must adhere to the strict policies of the parent operates the franchise.Examples are Avis, Burger King, CocaCola, Hilton, Kentucky fried chicken, Manpower and Pepsi. ACCA (2004) asserts that the franchiser provides the name, any good will associated with it, systems, business methods, support services such as advertising, training and site decoration while the franchisee provides the capital, personal involvement, local market knowledge, payment to the franchiser for the rights, support services and responsibility for day to day running and the ultimate profitability of the franchise.Disadvantages of franchising According to ACCA (2004) search for competent candidates is both costly and time consuming where the franchiser requires many outlets for example McDonalds in UK. Also the control over franchisees is demanding as they are spread over many locations. 14 2. 4. 4. Transnational Alliances Levi (1996) defines transnational allian ces as associations of firms in different countries working together to overcome the limitation of working alone. One of the motivations to form a ransnational alliance is cooperation over research where cost and risks may be too high for any one firm or where different firms may possess different abilities. He gives an example IBM and Siemens of Germany in Memory chip development or marketing of Geo produced in Korea by GM. He further asserts that transnational alliances are compromise between a firm doing everything itself and dealing with a stranger. Advantages Of transnational alliances As Levi (1996) argues organizations form transnational alliances to gain access to foreign markets, to exploit complementary technologies and to reduce time taken for innovation. . 4. 5. Wholly owned foreign subsidiaries Based on a study done by Richard Vernon of Harvard Business School where 187 United States manufacturing with six or more foreign subsidiaries outside of Canada the researcher co ncluded that these multinational corporations tend to be larger, more profitable more advertising and research oriented and more diversified than firms which have not invested abroad. (Horst, 1972) 4. 0 INDUSTRIAL AND BUSINESS Economic reforms/environment affects the business and industry directly.Business plans and programmers are directly influenced by economic factors, 15 such as, interest rates, money supply, price level, consumers’ credit etc. Economic conditions leading to inflation or deflation affect the business activities. Inflation leads to rise in general price-level, whereas deflation leads to fall in price level. Higher petrol prices in the country resulted to a trend in favor of small like Maruti and starlet cars. State of industrial trade and business booms and slumps constitute the economics of market environment, (Lewis, 2006).Recently government initiated various economic policies. As such the impact of these reforms changes on business and industry in the following manner: 2. 5. Buyers’ market In the liberalized policy regime shortages of goods are no more, but there are surplus of goods. These arise due to competition, reduction in cost, up-gradation of technology, improvement in quality and customer convenience. Removal of government restrictions on capacity creation and capacity utilization has also helped increase in the supply of goods.Industry has been given total freedom to expand and diversify. Price control has been removed. Investment now takes place in the areas of demand. All these changes have made the buyer, the sovereign of the market. 2. 6. Export is required for survival Implementation of new trade policy has linked imports to exports. The enterprises should earn foreign exchange by exports and use the same foreign exchange for importing raw material spares and equipments. For example: Reliance Group, Essar World Trade, Ceat, Videocon, Eicher, MRF etc, are being benefited by the 16 new policy. 2. 7.Threat from multinational companies Due to the present policy of liberalization of our government, massive entry of multinationals in the country has started. The vast resources and the modern technology of the present multi-national companies have enabled their subsidiary companies to boost sales and enjoy strategic advantage over their competitors. The presence of multinational companies has been rendering valuable services to our economy. It is supplying superior quality of goods, generating more employment opportunities, promoting modern technology and awakening our business community.Presence of multinational companies has also boosted growth of small industries in the country. 2. 8. Overall competition The new competitive environment has thrown the economy open. There is tough competition between multinationals and there is also competition between local enterprises and foreign enterprises. Competition has now become global. It is not confined to national boundaries. For instance, Weston Electronics Company, which held about 18% of the television market, has been virtually thrown out of the market due to cutthroat competition and technological backwardness. . 9. World class technology Changes in government policy regarding business and industry have provided us with world-class technology. Most companies have also started making investment in research and development. Pharmaceutical industries in countries such as India made 2% investment in R & D. In developed countries investment in 17 research and development is approximately 12%. Multinationals are also bringing world-class technology in the country. This has enabled faster growth of industries. 2. 10. Future not guided by past failuresIt is rightly said that future starts afresh for companies. Future now needs new strategies, high technologies, determined efforts, enthusiasm, organization and leadership. New approaches, systems structures and new leadership must emerge to compete with the multinationals. We mu st forget the past, bury its failures and start working with new endeavor, approaches and leadership. 2. 11. Wider and diverse markets Due to globalization markets have been opened up and can now be widely accessed by companies from various countries.Countries have lift barriers improving flow of goods between them. This has boosted import and export trade among various countries. Regional trading blocks have been formed to improve trade and allow free flow of goods and services among member countries. In the agricultural sector, crop imports are traded at cheaper prices and exchanged for another commodity because of the free trade as entailed among the provisions of bodies such as COMESA or WTO. A country such as Philippines could purchase or import crops from another country at cheaper tariff rates, in case of a shortage.However, on the downside, countries that are more progressive agriculturally could just dump their third-rate or low-class products to their third-world trading c ounterparts. 18 2. 12. Foreign direct investment inflows Local industries which have invested abroad such as Bidco oil refinery is reaping huge profits from its foreign direct investments such as from its investment in Uganda palm plantation. Creation of common markets has given countries incentives to invest in those countries thus leading to investment inflows.Lowering of tariffs: countries such as India have been reaping from enormous opportunities emerging from globalization such as consequent lowering of tariff barriers. Information Technology has given Indian industries formidable brand equity in the global markets. Indian companies have a unique distinction of providing efficient business solutions with cost and quality as an advantage by using state of art technology. Outsourcing is the act of giving a third-party the responsibility of running hat would otherwise be an internal system or service. Due to globalization, most companies and businesses have sought to contract mos t of its services or processes to outsiders. Most industries now use outsourcing such as call centers and can outsource its functions such as marketing, financial, training, transport and distribution and so forth. Capitalize on global trade: most domestic industries now capitalize on global trade by concentrating on the domestic market and then leverage their economies of scale overseas. 2. 13.Devaluation Some countries have had to cope up with the trend of globalization by devaluing their currency such as India. The first step towards globalization was taken with the announcement of the devaluation of Indian currency by 18-19 percent against 19 major currencies in the international foreign exchange market. This was a measure taken in order to resolve the balance of payment crisis. 5. 0 ANALYSIS AND CONCLUSION In conclusion my own critique on globalization is that the whole process has increased power that multinational corporations seems to enjoy .This is seen as a particularly wo rrying phenomenon because it affects the issues that are raised and witnessed everywhere we have a multinational company. An overriding concern is that globalization increases the gap between the haves and the have-not of the world. Unfair labor practices such as child labour, poor working conditions and low remuneration packages are some of issues that have been witnessed in the recent past. Although it’s not clear whether the forces of globalization may produce a general deterioration of working conditions around the world or increase the inequality of working conditions among countries . espite the above ,in rich countries the picture is totally different thus self-interested opposition to globalization with fears that cheap imports or immigrants from other countries will lower the relative wages of low-skilled workers, more rapid economic change and shifting patterns of comparative advantage will increase economic insecurity and international competition. 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