The Modern Era Of Globalization - 854 Words

In the age of Globalization, with a few clicks in a web browser, a custom tailored suit can be delivered straight from Europe for a few hundred dollars. Package up old negatives, ship them to India, and they will be scanned, retouched, enhanced, and delivered via a custom web portal as high resolution images. Access a third site and receive high-end custom cables direct from the factory for pennies on the dollar. On the surface, Globalization has been a boon to the average consumer, but when you look more deeply you find that no sector of the supply chain or even the economy has been unaffected by the changes of Globalization. Age of Globalization The modern era of Globalization was the culmination of three major changes to the world. First is the ease of production introduced by the industrial era. Production was centralized in factories and allowed for the economics of scale and specialization to take hold. Assembly line efficiency has been enhanced by supply chain and inventory tracking that allows exacting control over inventory. The assembly line today can utilize specialized workstations that allow for multiple products to be produced from the same line, reducing the retooling time. Second, the enacting of various trade agreements has encouraged commerce around the globe. While the North American Free Trade Agreement (NAFTA) opened trade on one side of the globe, the European Economic Community agreement led to the formation of the European Union (EU).Show MoreRelatedGlobalization : A Short History1720 Words   |  7 Pagesworld today are seen less superior and most likely to keep peace and o rder rather than starting violence. In Jujen Osterhammel and Niels P. Petersson’s book Globalization: A Short History, they investigate what led to globalization. They discuss events in history starting from the 1800s to the cold war era and what events led to globalization. Osterhammel and Petersson describe every event in details that have led to the world we live in today. From there discussion, it is seen that Europe was a dominatingRead MoreWomen s Impact On Women During The Sun s Never Leave Yourself By Eileen P. Anderson1624 Words   |  7 Pagesthe minds of these women due to the forces of modernity and globalization. An idea or sense of liberation is apparent in both of these articles. Belizean women have managed to succeed on what they perceive as liberation; however, rural young women in China have made failed attempts to do so. Despite this, it does not change the fact that women want to be freed from the oppression they get in the patriarchal society they live i n. Globalization can have a crucial effect on the way things work in countriesRead MoreThe Origins Of Christianity And Hinduism1737 Words   |  7 PagesFor the majority of the time that the largest religions in the world have existed, it has been in the pre modern era. As people developed and new ways of thought emerged, the scientific revolution sparked the modern era. This spark is what started to challenge many of the beliefs and practices upheld through all religions. Through these challenges, different interpreters and practices have formed which changed the course of development form the contemporary time period. This paper will reflect ofRead MoreAmerica s Influence On North America1130 Words   |  5 Pages SLO Essay By Levi Newton America has evolved greatly since the late 1800s in its aspects of industrialism, expansionism, progressivism, isolationism, and globalization. The industrial era brought on a rise of big businesses and new opportunities through railroad transportation, and has since then given us a country of strong corporation and an ever expanding possibility of transportation of people and goods, alike. The country fought to expand its property lines, communications, andRead MoreThe First Glimpse Of Globalization1573 Words   |  7 PagesGlobalization is the process in which a world-wide circulation of goods, ideas, and people takes place. Historically, there were two periods of profound expansion, the 15th and 16th century and 20th and 21st century. In both cases, these eras of globalization were preceded by periods of enriched thinking, sharing, and scientific revolutions. The renaissance is a prime example of an era when ideas and knowledge flourished and spread throughout Europe. This newfou nd age of discovery resulted in globalRead MoreGlobalization And The Global Economic System1568 Words   |  7 PagesWhen we think of globalization historically, should we apply it within the frame works of archaic, proto and modern? A. G. Hopkins who wrote Globalization in World History tends to think we should. He defines archaic globalization as before to the industrious revolution and the creation of the modern state prior to 1500. For Hopkins, this time period planted the seeds of what would become the proto period. In proto-globalization, from 1500-1800, arose the beginnings of the state and the dilationRead MoreCapitalism And The Industrial Revolution778 Words   |  4 PagesFriedman, author of The World is Flat, the concept of globalization happened in three eras. The first era occurred 1492 until 1800 with the age of exploration and discovery. Globalization 2.0 followed, lasting 1800-2000. It was characterized by the Industrial Revolution. The third era of globalization began in the year 2000, and occurs to this day (Friedman, year, p.8). But the real question is, what sparked the rise of globalization? The term is modern, but the concept is not. Capitalism and the IndustrialRead MoreGlobalization and Youth1589 Words   |  7 Pagesout Globalization and Culture mean different things to different people and the emerging generation will shape the future of both. There has been cultural implications are central to understanding human side of globalization in youth culture as a whole. Youth are important but the society does not realize this because they are paying attention to more the cultural side of the problem. No longer is it a question of whether globalization is having an impact on all aspects of human life; the more pressingRead MoreAn Analysis of Tite Tienous Christian Theology in an Era of World Christianity790 Words   |  3 PagesTienou, Tite. Christian Theology in an Era of World Christianity. Chapter 1 in Globalizing Theology. Ed. By Craig Ott and Harold A. Netland. Grand Rapids: Baker Academic. Tite Tienou asserts that Christian theology does not seem to be greatly affected by globalization, (38). Globalization might have an impact on evangelical missions and ecumenical cooperation between the various manifestations of the Christian church throughout the world, but not on theology itself (Tienou 38). If it seemsRead MoreA Social Critique Of The Judgment Of Taste1661 Words   |  7 PagesRobertson is a sociologist and theorist of globalization. With a touring of who lectures at the University of Aberdeen in Scotland, United Kingdom. Formerly he was a professor of sociology at the University of Pittsburgh. He was the President of the Association for the Sociology of Religion in 1988. Robertson s main works are Globalization: Social Theory and Global Culture (1992) and the edited volume Global Modernities. 1985 first used the term â€Å"globalization† in one of Roland sociological article

The Obsessive Nature Of The Love Felt By Othello, By...

Significantly, it is often perceived that ‘obsession’ refers to the empowerment one has over another person, although, amongst the three texts that I have studied it is noticeable that each text shares a fatal concept which accounts for the eventual tragedy and downfall of each set of lovers. Within this instance, obsession can form during the oppression of one’s thoughts or feelings by a persistent idea or image; for example, obsession is not necessarily created entirely by the fascination of sexual desires but through one’s underlying motives. Each of the three texts seem to contain a fundamental principle which acts as a barrier for ‘love’ – whether it be religiously, culturally or evolutionary. Firstly, it is difficult to identify the obsessive nature of the love felt by Othello, at the beginning of William Shakespeare’s Othello, as his love towards Desdemona could be interpreted as ‘agape’ or certainly be seen as unconditional since the couplet persistently demonstrate a meaningful, more philosophical love towards one another. When used by Christians as a way to express their unconditional love of God, the term ‘agape love’ highlights the idea that love involves an element of self-sacrifice. Unlike our stereotypical understanding of the English word ‘love’, in the New Testament, ‘agape love’ is not used to refer to love romantically or sexually, instead it describes holding one in high regard, unequivocally. Arguably, this could explain why Othello remains in awe ofShow MoreRelatedEssay about Love in Poems2986 Words   |  12 PagesLove in Poems Robert Browning’s poem â€Å"My Last Duchess† is based on a real story about the fifth Duke of Ferrera in the Renaissance period. He married a 14-year-old named Lucrezia and then left her for a two-year period. She died at the age of 17. In this poem, the Duke is now looking for a second wife-to-be. Robert Browning is one of the greatest poets in the Victorian age. He writes romantic poems and he expresses love in this poem as obsessive. The poem’s rhyme scheme is a, a, b, b. ThisRead MoreDuchess Of Malf Open Learn10864 Words   |  44 PagesMarriage for love: family opposition 10 Discussion 10 Love and marriage: Antonio the steward 13 Discussion 14 Love and marriage: the Duchess 15 Description 16 Description 17 Discussion 19 Act 2: discovery 21 Ferdinand 21 Discussion 22 Conclusion 24 References 24 Further reading 25 Next steps 25 Acknowledgements 26 Figures 26 Don’t miss out 26 Introduction This unit, on the first two acts of John Webster’s Renaissance tragedy The Duchess of Malfi, focuses on the representation of the theme of love and marriage

Financial Accounting and Banking Industry †MyAssignmenthelp.com

Question: Discuss about the Financial Accounting and Banking Industry. Answer: Introduction The main idea of the business is to initiate a business plan for developing an android and iOS application for Australians that describes the law and offences of every country around the world. This will be one of a kind business in the entire country. The application will provide the users with an opportunity to sign up for a 24 hour free trial before actually buying the product. Initially, Arpund the World will be able to provide the laws of some of the major destinations such as Japan, China, UAE, U.S., France, Russia, Germany and Switzerland. The application will gradually provide the users with update thereby increasing the list of countries. The main idea of developing this app will focus on providing the laws and offences of all 195 nations which exists in the world at present. Location in Australia where marketing has to be done The main location of marketing the products in Australia will be done in all the regions of the country. Channels to market the acquisition of incentivised user download will help the Management company in growing the user base of the application and top list rankings. This has been considered as one of the most effective means of channel to marketing for posting the total number of install rates in a short span of time. It is also identified as one of the most cost efficient means and ideal for a start-up business. The non-incentivized CPI will be adopted by the company for having an impact of high lifetime value which will be able to translate into more number of active users a month and better monetisation for the company. The other effective strategy for the channels to marketing has been identified in form of social media and Facebook advertising. The company for the looks forward to adopt co-promotional partnerships which will allow mutually beneficial partnership for reducing the overall cost of the venture (Brus Media, 2017). Customer segments The main form of the customer segment segregation has been done with people aged 19-80 years. As the main aspect of the service has been identified in form of providing legal information of all the countries, it will be particularly beneficial to people who do a lot of travelling. This particular trend of travelling is mainly identified among the overseas college students, newly joined employee in an overseas country, experienced professionals, international reporters and several other categories of people. Customer relationship The customer relationship will be maintained in a customer relationship management software. The company will further use the information of customers through the feedback given in the app stores of both Android and Apple users. This will allow the company in categorize the customer base in spreadsheets and lists. The data will be further stored in form of CRM application named vtiger. This will allow the company to develop a complete set of features and functions required for CRM and assist in maintaining both new and existing customer relationships (The Vtiger Blog, 2014). Marketing expenditure A significant portion of the marketing expenditure is further seen to be considered in form of in form of social media and Facebook advertising. The company also seeks to invest in YouTube analytics to know the customer trend of liking and demography. It is able to monitor the performance of the channel that have demonstrated the information about the application and provide the developers with accurate traffic sources and demographics report (Hochman, 2017). The advertising costs for the application has been further calculated based on cost per mile (CPM) and cost per click (CPC) rates in both android and iOS platforms. This is the cost per thousand rates an advertiser needs to pay for displaying the ads and for every time and user clicks on the ad. This is important for considering the advertising costs associated to the application. Advertising Expenses for CPC and CPM Parameter Average Rate Year 1 Year 2 Year 3 Year 4 Year 5 CPC $ 2.14 1400 1600 1700 1700 1800 CPM (Government Politics) $ 1.33 1800 1,696 1,695 1,797 1,802 Total 3,200 3,296 3,395 3,497 3,602 Table: Arpund the Worlds advertising Expenditure (Source: Johnston, 2014) Organizational plan Resources to be used: The main resources needed requirement for the company are seen in form of a team of software developer, online sales representative, operations department, marketing department, HR department and accounts department. How many workers: The total requirement of the personnels has been seen in form of 15 workers employees in total. The main form of the segregation of the workers has been seen in terms of 4 personnel as software developers, 4 personnel as online sales representative, 2 personnel in the operations department, 1 personnel in the marketing department, 2 personnel in HR department and 2 personnel in the accounts department. Expected wages: The expected wages of the individual workers has been seen with the annual salary received by the employees. It has been seen that the average annual salary of the 4 software developer is AUD 106614 individually per annum, 4 personnel as online sales representative is AUD 30000 individually per annum, 2 personnel in the operations department is AUD 65000 per annum, 1 personnel in the marketing department is AUD 45000 per annum, 2 personnel in HR department is AUD 60000 per annum and 2 personnel in the accounts department is 75000 per annum (Glassdoor, 2017). Abide policies The Company needs to adhere to the various types of confidentiality agreement. It needs to further make a copyright protection as it will give the evidence and prove that ownership of copyright (Deegan, 2013). The next step is to create an app developer contract so that the company is able to ensure it does not pass the final codes to the third party app developers. Hire places The main form of the hiring activities for the various positions such as the software developers, online salesman, operations department, marketing department and HR department has been identified in locations such as Melbourne, Greater Sydney, Newcastle, IIlawara, Hunter Valley, Richmond Tweed, Central West, Southern Highlands and Shoalhaven regions (Financial Review, 2014). Business model-the main aspects of the business model formulated for the company has been able to address the main processes for customers, technology, people and innovation in the products. The main trends of the business model has been further seen to be explained based on the culture, behaviour, leadership, training, incentive, peer reviews and monitoring (Pratt, 2013). The complete list of the activities of the business model has been shown below as follows: Approvals needed from Australian Gov: The main form of the government approval has been seen in terms of adhering to the copyright laws, Internet, importation of software into Australia, anti-trust provisions and limitation of liability (Australia.gov.au, 2017). Financial plan Initial cost- The cost of the total expenses has been seen with $ 100000 for the total monthly expenses, this is identified as the total owners funding. It has been further seen that in order to fulfil the cost of the fixed assets and the high salary of the employees the company had to take a total loan amounting to $ 20000. Proposed pricing strategy The products are priced for the people belonging to upper middle class it has been seen that the main pricing strategy for the products are seen to be skimming strategy. Based on the various types of pricing strategy adopted by the company it has been seen that in the first two years company would be making a net loss of $ 5380 and $ 4270. However, in the subsequent years it will be able to increase the sales volume for the paid features and by including laws of more number of countries. In this way, Arpund the World will be able to achieve a net profit of $ 27239 in the third year, $ 86186 in the fourth year and $ 187908 in the fifth year respectively. Strategy to be followed to survive in the market- The main strategy followed to survive in the market has been seen form of differentiation of the services from other android developers. It has been seen that Arpund the World is identified as a one-stop application for knowing about laws and offences across all the major nations of the world. This is identified as the main driving force towards a differentiated marketing strategy. The company further stands apart by providing the users with opportunity to sign up for a 24 hour free trial before actually buying the product (Bushman, 2014). Breakeven point The breakeven point of sales based on the financial data has been able to show that the company needs to sell services worth $1231046.8 to make a minimum profit of $ 123104.68. Fixed cost and variable cost The fixed cost of the company has been seen in terms rent for the premises and buying of electronic equipments. Some of the main forms of the variable cost of the company have been further seen in terms of Direct Labour Costs, third-party developer of the application, Direct Material Costs and Electricity cost. The fixed cost has been evident in form of $ 8500 paid for the rent of the premises. This rate has been sourced from the Gumtree, where the weekly rent for an office space in Town Hall at Sydney is $ 200 (negotiable) a week. This rate has been negotiated to $ 158 per week, and hence the total rent is $ 8500 per annum (Gumtree, 2017). Conclusion The main interpretations made for the business plan has been seen to be realistic in nature. It has been further observed that the main location of marketing the products in Australia will be done throughout the country. A significant portion of the marketing expenditure is further seen to be considered in form of in form of social media and Facebook advertising. The company also seeks to invest in YouTube analytics to know the customer trend of liking and demography. The main strategy followed to survive in the market has been seen form of differentiation of the services from other android developers. The organization plan has been seen in terms of hiring of people in relevant departments such as software developer, online sales representative, operations department, marketing department, HR department and accounts department. The breakeven point of sales based on the financial data has been able to show that the company needs to sell services worth $1231046.8 to make a minimum prof it of $ 123104.68. Reference List Apps | australia.gov.au. (2017).Australia.gov.au. Retrieved 13 May 2017, from https://www.australia.gov.au/news-and-social-media/apps Beatty, A., Liao, S. (2014). Financial accounting in the banking industry: A review of the empirical literature.Journal of Accounting and Economics,58(2), 339-383. Bushman, R. M. (2014). Thoughts on financial accounting and the banking industry.Journal of Accounting and Economics,58(2), 384-395. Deegan, C. (2013).Financial accounting theory. McGraw-Hill Education Australia. Edwards, J. R. (2013).A History of Financial Accounting (RLE Accounting)(Vol. 29). Routledge. Freeman, R. J., Shoulders, C. D., Allison, G. S., Smith Jr, G. R., Becker, C. J. (2014). Governmental and nonprofit accounting: Theory and practice.JPAEJOURNAL OF PUBLIC AFFAIRS EDUCATION VOLUME 20 NUMBER 3, 441. Henderson, S., Peirson, G., Herbohn, K., Howieson, B. (2015).Issues in financial accounting. Pearson Higher Education AU. Hochman, J. (2017).The Cost of Pay-Per-Click (PPC) AdvertisingTrends and Analysis - Hochman Consultants.Hochman Consultants. Retrieved 13 May 2017, from https://www.hochmanconsultants.com/cost-of-ppc-advertising/ Hoskin, R. E., Fizzell, M. R., Cherry, D. C. (2014).Financial Accounting: a user perspective. Wiley Global Education. Johnston, M. (2014).What Are Average CPM Rates in 2015?.MonetizePros. Retrieved 13 May 2017, from https://monetizepros.com/display-advertising/average-cpm-rates/ 10 Mobile Marketing Channels to Market Your App | Brus Media. (2017).Brus Media. Retrieved 12 May 2017, from https://www.brusmedia.com/resources/10-mobile-marketing-channels-market-app/ Why Melbourne is the best place to hire software developers and there is no bad time to IPO:Zendesk CEOMikkel Svane. (2014).Financial Review. Retrieved 13 May 2017, from https://www.afr.com/technology/why-melbourne-is-the-best-place-to-hire-software-developers-and-there-is-no-bad-time-to-ipozendesk-ceomikkel-svane-20140722-jyppi Pratt, J. (2013).Financial accounting in an economic context. Wiley Global Education. Premium Office at Town Hall - Shared or Full all inclusive | Office Space Commercial | Gumtree Australia Inner Sydney - Sydney City | 1145566637. (2017).Gumtree. Retrieved 13 May 2017, from https://www.gumtree.com.au/s-ad/sydney-city/office-space-commercial/premium-office-at-town-hall-shared-or-full-all-inclusive/1145566637 Salary: Software Engineer in Sydney, Australia. (2017).Glassdoor. Retrieved 13 May 2017, from https://www.glassdoor.co.in/Salaries/sydney-software-engineer-salary-SRCH_IL.0,6_IM962_KO7,24.htm?countryRedirect=true Saunders, A., Cornett, M. M. (2014).Financial institutions management. McGraw-Hill Education,. Vtiger CRM Named a 2014 CRM Market Leader by DestinationCRM. (2014).The Vtiger Blog. Retrieved 13 May 2017, from https://www.vtiger.com/blog/vtiger-crm-named-a-crm-market-leader-by-destinationcrm/ Weil, R. L., Schipper, K., Francis, J. (2013).Financial accounting: an introduction to concepts, methods and uses. Cengage Learning.

Multi-Agency working and safeguarding adults in care Essay Example

Multi-Agency working and safeguarding adults in care Essay There have been various cases recently in the news to where abuse has been either suspected of confirmed, for example the Panorama undercover programme at Winterbourne view whereby a range of physical, emotional, psychological abuse were identified. Abuse is defined as A violation of an individuals human and civil rights by any other person or persons. Vulnerable people are more open to abuse due to the individuals either not being able to stand up for themselves and are usually unwell, frail or/and confused. Different types of services try to combat this abuse through taking a multi-agency approach whereby the organisations all work together to discover ways of preventing the abuse from taking place in the beginning or resurrect the situation when abuse has been confirmed by providing a range of support through support planning and single assessment. Rather than the organisations working separately and providing separate services without any communication, multi-agency working encourages the services to work together through sharing information and a co-ordination of approach whereby the individuals needs are central to the process and that a person centred care approach is used. With multi-agency working there will be an array of professionals from different agencies where they will combine each of their individual skills and expertise to meet all of the individuals holistic needs. We will write a custom essay sample on Multi-Agency working and safeguarding adults in care specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Multi-Agency working and safeguarding adults in care specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Multi-Agency working and safeguarding adults in care specifically for you FOR ONLY $16.38 $13.9/page Hire Writer For Multi-agency working to be successful, good communication from all organisations and a good understanding of what each other do is crucial. Not only this but it also requires a co-ordinating professional, to ensure that the organisations are working to satisfactory levels and that the needs of the individual are being met. Another benefit is that through multi-agency working, it is encouraged for the individual to have involvement in their health care services and allows them to feel more confident in talking about their worries, fears and potential abuse. Not only this but having equality through the relationships of the working encourage the individual to develop a higher self-esteem, self-confidence and the strength to stop accepting the abusive situations that may occur are the norm. It also ensures that there is an agreed approach to all of the organisations which are involved including the families and informal carers as well so that they are all aware of and can monitor the situation. Multi-agency working is also a way of enabling better information sharing and communication in terms of the staff, team meetings, communication via emails and written records such as in a care home whereby there would be a daily log which enables each staff coming on shift to be able aware of events that had taken place since they were last on duty. With the multi-agency approach they believe that the sharing of information and concern will conclude to early preventive action on abuse to take place and that patterns of behaviour can be identified of the service users when different members of staff come on to duty which could suggest that abuse is taken place by that worker. Forums are another way in which multi agency works (monthly meetings of residents in care services) where by the individuals are encouraged to share ideas and speak out giving the individuals more confidence to speak out and have a greater ownership and independence in terms of decisions that affect their lives such as being involved in interviewing new care staff. Not only this but it is also a chance for the service users to understand what procedures and guidelines that the care service has and their own rights emphasised to increase their expectations of the individual care that they receive. When the service users are clear on the guidelines they are more understanding on the what the behaviour of the staff should be, so not only are these guidelines are for the use of the staff but they are also for the service user to know what is acceptable behaviour from the staff and what is not. This is why the complaints procedure should be understood by all service users of the health facility and should be able to gain access to by all even if support is needed from an advocate from outside the organisation when making a complaint. So that there is a guarantee that all the staff members understand new procedures and policies, training needs to be implemented. Each new staff that works at the service also will require a formal induction whereby all of these policies and procedures are explained thoroughly, which will then underline their expected behaviour and practice in the service. Without training taking place, abuse is more likely to happen because of the poor practice and the workers lack of understanding of the policies and procedures. To prevent this from taking place and to ensure that the services are working with the best interest of the service user and following the rules and regulations that apply to each of them an independent regulator of health and social care services was established but shortly taken over by The Care Quality Commission previously help by the Commission for Social Care Inspection, the Healthcare Commission and the Mental Health Commission in April 2009 (stretch et al, 2010). Procedures laid down by the organisation in conjunction to the multi-agency framework should be followed in terms of cases of alleged or suspected abuse and include six stages including alerting the worker who has the responsibility of dealing with these situations to then for them to refer the allegation to the police or social services who will feedback after investigation and an Adult Protection Case Conference will share results of the investigation with the vulnerable persons family who is the subject of abuse. An assessment is then carried out and a review of a Protection Plan to make sure that the individuals needs are met in the future which will then be monitored and recorded. If another member of staff identifies the abuse they have the chance to whistleblow which since the Public Interest Disclosure Act (1998) the staff have the right not to suffer detrimentally or be fired as a result of disclosing the information. In the past it has been known that staff have been aware of abuse taking place however have not reported it due to not wanting to be known as a grass to the service and their employees. To ensure that new employees of health and social care services are suitable for the job role of caring for vulnerable adults they will require a CRB check which since October 2009 they are required to obtain an Enhanced check rather than the normal standard check. This allows the employer to be aware of the convictions to which these individuals applying for the job may have and therefore will be able to pick which potential employer is actually right for the job role in terms of offering greater protection to the service users. This however may not always go to plan due to the loop holes which can still be identified in cases such as in the Winterbourne View residential care home whereby Panorama went undercover after a whistleblower who previously worked at the care service alerted higher authorities with the management at the care home and to the Quality Care Commission however his claims didnt get followed up however after the programme was shown the Safeguarding Adults Board were made aware and appropriate action was taken in line with established and procedures which should have been followed by the staff members previously to prevent the abuse. The abuse in which was taken place could have been prevented through thorough training of the staff and ensuring they were up to date with these policies and procedures. Not only this however but the recruitment of the staff should also have been more carefully picked with staff members with job history of being a tattooist with no previous healthcare qualifications. In conclusion if the policies, procedures and guidelines were followed correctly and appropriate training was also implemented then the abuse that took place at Winterbourne View would have never happened. If the communication between the different services was also improved through a multi-agency working approach then the abuse could have been stopped a period of time before the Panorama programme.

Work Essay

Work Essay Work Essay English Essay Atticus Finch "To Kill a Mocking Bird" was set back in the mid 1900's, racism was high and discrimination of the black was still running. The text "To Kill a Mockingbird", Atticus challenges the case of Tom Robinson for rape and abuse of Mayella Ewell, showing the protection of the of Tom Robinson skin colour and showing the defence of African American People . Atticus Finch is a man with strong values and who does the right thing. This is shown when he defends Tom Robinson despite the social stigma of representing a black man. He teaches Scout and Jem to be accepting of others, and refuse to fight back against Bob Ewell. Tom Robinson was falsely accused of rape & abuse of Mayella Ewell and her father Bob. Atticus is one of the few people in the town who is willing to defend Tom Robinsons case, but there are also others that is on his side. Atticus show a trusting attitude, which he is the most courageous character I know, because of his defence of Tom Robinson. Everything Atticus is doing for Tom Robinson is a step to change the life of the Maycombs town and toward the African American people, not by the charge of skin colour but also fair and equal rights to the community, and give same respect. Atticus is a character who display various form of courage, also show most courageous attitude out of all character. He refuse to give up the fight no matter what circumstances or losses will do to his life (himself) or his family. Atticus show a lot of courage and behaviour in many instances throughout the story, not by fighting or killing, but by standing up and believe d in a civilized way. He wants to b e a good example for his kids and instil in them a strong sense of moral values. Atticus Finch knew that he was not going to win and he WILL lose this case. No matter how much evidence that he had, the jury will still charge him because of his skin colour, but it did not mean that it will stop him from giving Tom the strongest defence he possibly can. Importantly, Atticus doesn't put so much effort into Tom's case because he's an African American, but because of his innocence. Atticus feels that the justice system is colour blind, and he defends Tom as an innocence man but not a man of colour. As a lawyer, Atticus is again an ideal character as fair and equal and is the best man at his job. The whole fact that he took Tom Robinson’s case and listened to his conscience, when he knew he would lose, showed what sort of character Harper Lee wanted Atticus to be. He knew that the justice system at that time was prejudiced and immoral and that it was certain that Tom Robinson would be found guilty. Atticus remains calm when provoked directly. For example, looking at how he handles Bob Ewell's challenge: â€Å"Too proud to fight?† â€Å"No,† says Atticus, â€Å"too old†. This suggests that it may seem to us at first thought that Atticus is no longer strong and fit enough to fight; but also it might mean that fighting is not something that adults should do, which implies that Bob has not grown up. As a lawyer, Atticus is again an ideal character as fair and equal and is the best man at his job. The whole fact that he took Tom Robinson’s case and listened to his conscience, when he knew he would lose, showed what sort of character Harper Lee wanted Atticus to be. He knew that the justice system at that time was prejudiced and immoral and that it was certain that Tom Robinson would be found guilty. As a father, Atticus is truthful, fair and loyal his children, Scout and Jem. He acts as both a father and a teacher to them, educating them in the social and moral expectations of their society. He treats them with respect and wants them to understand why things happen in the community, what is wrong with society and how to try and change them and improve themselves at the same time. Atticus didn’t believe in spoiling his children or shouting at them but instead he believed respect for each other. Honesty and self respect

Elegant Variation

Elegant Variation Elegant Variation Elegant Variation By Michael I learned about elegant variation from my high school English teacher, but even she taught about it with a slightly-skeptical smile. Its a rule that many writers feel bound to follow when they dont need to. According to this so-called rule, a writer should never use the same word twice in a paragraph. Newscasters follow elegant variation when they say, The Dow-Jones Industrial Average rose more than 300 points yesterday. It was the blue-chip indicators fourth straight gain. Or Chinas Sichuan province experienced another earthquake yesterday afternoon, the second in three months. The temblor measured 6.1 on the Richter scale. Admittedly, a news story might sound a bit childish if it said, The Dow-Jones gained 300 points yesterday. It was the fourth straight gain for the Dow-Jones. Too much repetition reads like a toddlers picture book. But more important than not repeating a word is not using the wrong word. I experienced several earthquakes when I lived in California, and not once did I hear anybody say, Did you feel that temblor last night? I remember one local radio newscaster who spent about twenty minutes saying basically, We had a big earthquake this morning, and we dont know anything else about it, but I have to keep talking about it because this is an all-news station and its our top story. But I dont think he ever used the word temblor. In fact, Ive never heard that word at all, except from radio announcers trying to avoid saying earthquake. Instead of asking What other word can I use the next time?, we should be asking, What better word can I add the next time?. In my first example, using the term blue-chip indicator in parallel to Dow-Jones Industrial Average defines the Dow-Jones Industrial Average as a performance indicator for blue-chip stocks. It adds to the meaning of the sentence, instead of simply providing variation. Another problem with elegant variation is that it can push your writing out of the readability zone. If youre trying to be elegant, youre probably trying to be formal. If youre trying to be formal, youre probably going to use big words that fewer readers understand (porcine instead of piggish). If youre straining to find a synonym for the right word, you may end up doing worse than finding the wrong word. You may end up with finding a word that even you dont understand. Repetition is not necessarily a bad thing. Sometimes once you find a good thing, the best course is to stick with it. My previous paragraph was stronger because of its repetition. Repetition emphasizes parallelism, which makes sentences and paragraphs more understandable. Elegance is not necessarily a good thing. When the term elegant variation was coined by Henry Watson Fowler in the 1920s, it implied precious writing overly dainty and falsely sophisticated. When I was a magazine writer, I was often faced with the desire to find a more elegant word. The Sharchops dwell in the mountains of Bhutan The Sharchops reside The Sharchops are situated near The Sharchops homeland is nestled within I decided that if I couldnt find a better way to say, The Sharchops live in eastern Bhutan, I could always say, The Sharchops live in eastern Bhutan. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Freelance Writing category, check our popular posts, or choose a related post below:20 Great Similes from Literature to Inspire You36 Poetry Terms15 Idioms for Periods of Time

Strategic Management Essay Example | Topics and Well Written Essays - 2500 words - 12

Strategic Management - Essay Example As such there is a greater link between the innovation and firm level strategy that need to be supporting each other at the enterprise wide level. The innovation therefore without a concrete strategy may not be possible for the organizations to achieve in either short term or long term. Apple, one of the leading electronics manufacturing firms in the world started as a Personal computer manufacturer and was completely outclassed by its competitors in almost all segments of the business. However, over the period of time, its innovation strategy has led to it become one of the most innovative firms with a distinguished record for brining in innovative products in the market. This paper will therefore look into the innovation strategy of the Apple and explore as to how Apple was able to achieve the innovation and what are some of the strategies and tools that it used to achieve such position in the market. On April fool day in 1976, Apple Computer was invented by a Collage drop out Steven Wozniak and with his friend Steve Jobs to form a company that can manufacture and market the computer designed and developed by Steven Wozniak. By 1980s Apple was one of the leading manufacturers of the computers offering both the hardware and software in one PC. Apple Computers were considered as the State of the art computers providing both the efficiency and cost effectiveness and were phenomenonal in their ability to perform complex operations with more efficiency as compared to most of its competitors. Apple I, Apple II and Apple III were earlier models of the computers that were manufactured and marketed by the Apple by making more innovations into the overall design and technology of these computers. Thus the history of innovation at Apple is one of its earliest achievements as Apple continued to evolve its products by offering better and more

PERSONAL DEVELOPMENT PLANNING Essay Example | Topics and Well Written Essays - 2500 words

PERSONAL DEVELOPMENT PLANNING - Essay Example Global financial managers discuss and evaluate the financial parameters of business planning and performance. The course of Global Financial Management provides the students with a deep in-sight into the strategies used by the financial institutions and intermediaries to operate successfully in a highly dynamic and challenging environment. Students are taught the structure of financial markets, the factors that play a role in the development and breakdown of financial markets, and the way financial markets operate. The pathway of Global Financial Management provides a clear and coherent framework and educates and trains the students so that they can fully understand the challenges and deliver in the field of accounting and finance. The pathway of Global Financial Management enables the students to develop their employability skills by teaching them the mathematical techniques and operations involved in accounting and finance. Students are taught financial report writing which is a very important skill in the field of accounting and finance. Innovative financial management and strategic financial planning are some of the most required and relevant skills in the contemporary market driven by creativity and innovation. Students understand the financial capital markets in detail and develop the knowledge of annual company accounts. The pathway polishes the students’ ability to determine cashflows for the organization they work for and creates an understanding of latest developments in business thinking in the students. As a result of taking this course, students become deep thinkers and their ability to make informed decisions is improved. The pathway of Global Financial Management prepares the students to work in a variety of areas that include but are not limited to corporate finance, trading, banking, real estate,

Narrative composition and content Essay Example for Free

Narrative composition and content Essay In this essay I will talk about the narration, composition and the content of the newspapers which are published today. These three points are taken very seriously as they play the most important role in the success and failure of the newspapers which are published. I chose a broadsheet newspaper to analyse first as it has the articles in more proffesional order, its contents are trustworthy and theres a bigger audience for it. Narration of the newspapers on the frontpage of the broadsheet newspapers you would find the biggest news, something which would shock the viewers and convince them to read the newspaper. As it will be on the National News page it has to be a big news, it could be about politics, disasters in businesses or terrorist attacks anything which will grab the attention and it could be happening nationally. It would be popular and affect the people globally. See more: how to start a narrative essay for college Then it would be the local news which might be important to the viewers who live in the city which is mentioned in the newspaper but mostly everyone prefers an international paper with a good local section later in the newspaper as it may not be that important as much as the national news would be because the local news would be for a smaller audience it would come after the bigger news as it would be for the whole country. After the local news and adverts would come the Sports news pages which would be at the back of the newspaper because sports doesnt take much training or intelligence to grasp and it has a wide appeal. The reason newspapers are set up like that is because that setup makes them the most money. As the sports pages have always been at the back of the newspapers now the viewers know where to find the sports, if they dont want to see the other news they can just go to the sports area straight away and look at that, so they dont have to find it going through the whole newspaper. Â  Contents in newspapers- In tabloid newspapers we find stories of political events, crime, business, art/entertainment, society and sports similar to the broadsheet newspapers but they arent as big. The news about the ordinary people and what goes around the country which would be more emphasized, we find gossips about celebrities and their private lives etc for example The Sun they put stories for the people who are less proffessionals and look for something more humourous and fun rather than the serious crime and stressful news they find in the broadsheet newspapers. The tabloid newspapers make the news in a more intersting form with more pictures. Many people buy it to catch up with the news going around the world, as tabloids are more picture based the workers read it during their lunchtimes as a timepass and entertainment. Many readers think its really pointless It Seems that the owners of these papers care about doing is putting celebrity news as the major top stories. They have made celebrity news more important than the War on terror more important than global warming more important than the major problems this country this world is facing. Its not a real paper anymore its nothing more than a tabloid celebrity newspaper. Why changes were needed to be made to some of the newspaper content The contents in the newspapers we find today are completely different from what they were like when they first came out they actually needed to change for the better. Then they didnt care about how to please everyone and just used to put the content without looking at any audience and not thinking about the foreigners and the people from different cultures and thats why the newspapers then wernt that popular and successful whereas now the newspapers have improved and are more successful now because there are more foreign people in the country so the content needs to provide material for their interests aswell in order to gain more readers and also for that rather than having information only on british sport, they have news from all countries sport and their progress but with this the english people are also interested in other countries. The contents we find now in the newspapers are far more interesting now. In tabloids we find the news about everything but in a more humourous way even the global news would be presented in a similar way but the broadsheet newspapers are for the more serius audience who just simply want to know the news and no other interference with it they want to know more about crime, finance, stocks and shares and business although they are getting used to the entertainment and the gossip news everywhere and are started to get into these kind of topics. As the newspapers need to appeal to all different types of people with different thoughts and backgrounds even the broadsheets include small informations of the celebrities and the current affairs mixed with other news for . e. g law, art, taxes, celebs and horoscopes in the tabloid newspaper are there so that they can get more viewers. As there are more issues to discuss in the media now and the way aspects are portrayed are a lot more controversial ways to attract the readers or viewers like the page three women who are completely exposed and revealing everything to get the men viewers and the Madeleine McCann case and how the newspapers were allowed to write bias viewpoints about the situation and not jus this there are many others, tabloids are more open about their opinion but broadsheets are not so open and obvious. Even technologyy was to be blamed for the changes not to be happening in the early years as the technology wasnt as good back then the print outs and the quality of it wasnt that good either so they couldnt made it more attractive and colourful but now we can do everything so there are more changes and the newspapers look a lot better too. So this shows that the changes in the contents were quite essential to the newspapers.

The Feminist Element of Eudora Weltys The Bride of Innisfallen :: Eudora Welty The Bride of Innisfallen

The Feminist Element of Eudora Welty's The Bride of Innisfallen Suzanne Marrs' work, "Place and the Displaced in Eudora Welty's The Bride of Innisfallen, focuses on Welty's settings in the collection specifically Welty's departure from using her native Mississippi. Marrs recounts the events of Welty's life in the early 1950s, the time Welty wrote these stories, and how her journeys in Europe influenced The Bride. But one important element of Marrs' critique gets buried within the text, the feminist element of Welty's technique which gives the women of Homer's Odyssey a voice, especially Circe. Marrs wrote that Welty had reread the Odyssey after completing The Golden Apples. With the epic fresh in her mind, Welty wrote Circe, her first story for The Bride, though the fifth in the collection: In this explicit rather than allusive use of myth and in her choice of a Mediterranean setting, Welty departs from the dominant pattern of her earlier works. Ultimately, Welty decided that her direct address of the archetypal Circe could be even more inclusively archetypal, and in the wake of her European travels and of meeting with Elizabeth Bowen, she revised her periodical version of her story to insure that the story's greatest emphasis would fall not upon a female version of myth but upon the unresolvable mystery at the heart of human identity, the mystery that distinguishes men and women from gods and goddesses, the mystery involved in the quest for independence and the battle against mortality. (2) Dorothy Parker wrote, "Penelope" the story of Odysseus' wife, giving voice to Odysseus' wife. In "Penelope" she remains faithful to Odysseus during his 20 year absence and her personal strength increases. Penelope fights off unwanted suitors and runs the kingdom alone. Parkertold Penelope's story beginning a Twentieth Century feminist view of the Odyssey and telling the tales of the women with the narratives of women. Circe, who is seen as the unseemly temptress who enslaves Odysseus with her sexuality in Homer's version, is given a voice by Welty. Welty's Circe says, "In the end it takes phenomenal neatness of housekeeping to put it through the heads of men that they are swine. The Feminist Element of Eudora Welty's The Bride of Innisfallen :: Eudora Welty The Bride of Innisfallen The Feminist Element of Eudora Welty's The Bride of Innisfallen Suzanne Marrs' work, "Place and the Displaced in Eudora Welty's The Bride of Innisfallen, focuses on Welty's settings in the collection specifically Welty's departure from using her native Mississippi. Marrs recounts the events of Welty's life in the early 1950s, the time Welty wrote these stories, and how her journeys in Europe influenced The Bride. But one important element of Marrs' critique gets buried within the text, the feminist element of Welty's technique which gives the women of Homer's Odyssey a voice, especially Circe. Marrs wrote that Welty had reread the Odyssey after completing The Golden Apples. With the epic fresh in her mind, Welty wrote Circe, her first story for The Bride, though the fifth in the collection: In this explicit rather than allusive use of myth and in her choice of a Mediterranean setting, Welty departs from the dominant pattern of her earlier works. Ultimately, Welty decided that her direct address of the archetypal Circe could be even more inclusively archetypal, and in the wake of her European travels and of meeting with Elizabeth Bowen, she revised her periodical version of her story to insure that the story's greatest emphasis would fall not upon a female version of myth but upon the unresolvable mystery at the heart of human identity, the mystery that distinguishes men and women from gods and goddesses, the mystery involved in the quest for independence and the battle against mortality. (2) Dorothy Parker wrote, "Penelope" the story of Odysseus' wife, giving voice to Odysseus' wife. In "Penelope" she remains faithful to Odysseus during his 20 year absence and her personal strength increases. Penelope fights off unwanted suitors and runs the kingdom alone. Parkertold Penelope's story beginning a Twentieth Century feminist view of the Odyssey and telling the tales of the women with the narratives of women. Circe, who is seen as the unseemly temptress who enslaves Odysseus with her sexuality in Homer's version, is given a voice by Welty. Welty's Circe says, "In the end it takes phenomenal neatness of housekeeping to put it through the heads of men that they are swine.

Marxist explanations of social class inequalities Essay

In society there are many different factors which divide us and result in social inequality. In this essay, I will be covering social class. Karl Marx believed that in society, there are two major social classes, the bourgeoisie and the proletariats. The bourgeoisie are basically the upper class; in order for you to be classed as a part of them you must own the means of production such as factories etc. In order for these factories to run, they would need workers, which is where the proletariats come in. The proletariat only owns their labour force which they sell in order for a wage. Karl Marx stated that the proletariats are exploited through low pay and poor work conditions, but due to capitalism, we deal with it as were tied down to the economy. Conflict theory coined by Karl Marx suggests that suggested that social order is maintained by domination and power opposed to a shared consensus among society. This inequality is derived from social and political aspects established in s ociety. Marxists believe that social in equalities are implemented by the bourgeoisie in order to maintain a disturbance among the proletariats in order to keep them distracted from existing economic issues. A way they do this through the media. They distract the public with celebrity’s lavish lifestyles and people are tied to the economy in an attempt to imitate them. Factualists would counter this perspective claiming that social inequalities benefit society positively. They believe that it works as an incentive for individuals to work harder and achieve their maximum potential. The education system also ensures that the most suitable are picked out for the job. It also ensures that social order is maintained as people would accept their position as they had an equal chance to everyone else. Factualists also believe that the individuals at the bottom of the fragmented social scale are needed as some has to do the less attractive jobs. The New Right have a very traditional view of so ciety. They believe that women should embrace the assigned expressive role and males should be the breadwinner in the family. They have old fashioned views and are often of the Christian religion despite recent secularisation rates. The New Right are one of the few perspectives which with holds a cultural argument. They believe that failure in society is a result of the individual’s actions and choices. They believe that all the wealth within society slowly â€Å"Trickles† down to the rest of society. They believe that  business entrepreneurs create jobs for the rest of society by setting up business such as industries and factories which then create jobs; hence the wealth being distributed throughout society. Although inequalities exist and are relevant in the contemporary UK, it’s very rare that there are cases of absolute poverty due to free services provided by the government such as health care and education which then give individuals more equal life chances. Capitalism has gotten rid of many working class jobs throughout the UK such as factory jobs and mining, because of this, these working class jobs have been replaced with many middle class jobs. This has given people a better standard of living and made them more aspirational for the future. Within the past 50 years, the middle class has massively grown and become the largest social class within the UK. There are also exceptionally much more university graduates. Karl Marx was strongly against the concept of capitalism. He disliked the fact that there was income inequality. He pushed for a communist society and equality. He predicted that this would happen in the future as capitalism was unstable and was inevitable to fall. He stated that we would all achieve a class conscience and be aware of the fact that we are being exploited, realising our true value. He predicted we would all revolt against the system. The fact that we all still live in a capitalist society proves he was wrong. Sociologists such as weber countered this prediction and believed that the proletariats would be too distracted with domestic problems amongst each other forcing them to divide as opposed to sticking together.

Hamlet Tragic Flaw

Question #3: One of the essential elements of any tragic figure is his/her tragic flaw(s)-an inherent personality trait or set of traits that inevitably dooms the character to destruction. Identify and explain Hamlet’s tragic flaw(s) and how it/they bring about his downfall. A tragic flaw is a character trait that ultimately causes the downfall of the protagonist. In Hamlet, by William Shakespeare, Hamlet learns the truth behind his father's death – that he was actually murdered by his brother.Despite swearing to avenge his father, Hamlet is hesitant to take action showing that indecisiveness is his tragic flaw. However, Hamlet's outbursts of aggression at certain instances of the play shows that Hamlet's other tragic flaw is his tendency to take rash actions – the polar opposite of indecisiveness. Ironically, the combination of these two traits, Hamlet's indecision and sudden rash actions, lead to his downfall. There are several points in the book in which we se e Hamlet's indecision.One of the major scenes in which this trait of Hamlet's is clearly seen is when he observes Claudius praying. He had the perfect opportunity to avenge his father, but decided otherwise as he thinks to himself that killing Claudius while he's praying will allow him to go to heaven. Despite having all the reasons in the world to kill Claudius, Hamlet couldn't see himself take action showing his indecision. This could be seen as a reason for his downfall as if he had had the courage to take action at that moment, perhaps the bloodshed at the end of the play wouldn't have happened.It might seem confusing for a character's tragic flaws to contradict one another, but that is the case for Hamlet with his indecision and rash actions. We see this from Hamlet at various instances of the play in which he suddenly turns into a â€Å"madman†. It is most clearly portrayed when Hamlet suddenly stabs Polonius during his confrontation of his mother. It could be argued th at this course of action may have been due to the pent up anger Hamlet had with himself because of his indecision, but in my opinion, this action shows the duplicity of Hamlet's character.The fact that he could be passive one second and over aggressive the next. Had Hamlet hesitated for a moment rather than mindlessly stabbing Polonius, he could have avoided the bloodbath that followed. Throughout the play, Hamlet's indecision could be seen constantly as he comes up with one excuse after another to delay killing Claudius. At some instances however, we see Hamlet take rash actions as seen when he stabs Polonius without hesitation. Although these two traits are complete opposites of one another, both play a major role in Hamlet's downfall – a fact that makes him such a unique tragic character.

Free Essays on Leadership In Hospitality Industry

LEADERSHIP IN HOSPITALITY CEO Mary Mahoney stated, â€Å"leadership is having a plan, getting a group of people to follow you down a certain path, and encouraging them along the way that will lead to successful achievement of the plan† (Greger; Peterson 2000, p.17). Determining a leader in the hotel-motel business would be difficult because of how the properties are classified. The type of service provided by the business determines the rating of the property. Motel 6 is considered a one- star because it does not offer any amenities. Quality Inn is a two-star because it only offers a continental breakfast. Courtyards by Marriott are considered three-star because it offers breakfast, lunch, a bar and laundry services. The Hilton is a four-star because it offers a restaurant, banquets, room service, and shuttle service. A five-star can offer a variety of services ranging from twenty-four hour service for restaurant, room service, personal maid or butler, spa-salon, valet parking, workout center and a business center. Banquets, concierge, dry cleaning are also offered. The Westin and Renaissance, are the only five-star hotels in Oklahoma. The success of a business depends one a focused leader with a plan, the ability to lead and knowledge of what it takes to be a leader. Accor Properties is an excellent example of leaders that are focused with a plan. They are now the third largest in the world in rooms. This company is based out of France but plans to make a definite impression on the United States market in the future. The company leaders are targeting the areas of technology and reservation in order to accomplishing their goal. Accor leader’s contributes much of their business success to diversity. Joint ventures in the casinos, food industry, voucher system, timeshares, cruise, holiday vacation packages are helping them to achieve their fu... Free Essays on Leadership In Hospitality Industry Free Essays on Leadership In Hospitality Industry LEADERSHIP IN HOSPITALITY CEO Mary Mahoney stated, â€Å"leadership is having a plan, getting a group of people to follow you down a certain path, and encouraging them along the way that will lead to successful achievement of the plan† (Greger; Peterson 2000, p.17). Determining a leader in the hotel-motel business would be difficult because of how the properties are classified. The type of service provided by the business determines the rating of the property. Motel 6 is considered a one- star because it does not offer any amenities. Quality Inn is a two-star because it only offers a continental breakfast. Courtyards by Marriott are considered three-star because it offers breakfast, lunch, a bar and laundry services. The Hilton is a four-star because it offers a restaurant, banquets, room service, and shuttle service. A five-star can offer a variety of services ranging from twenty-four hour service for restaurant, room service, personal maid or butler, spa-salon, valet parking, workout center and a business center. Banquets, concierge, dry cleaning are also offered. The Westin and Renaissance, are the only five-star hotels in Oklahoma. The success of a business depends one a focused leader with a plan, the ability to lead and knowledge of what it takes to be a leader. Accor Properties is an excellent example of leaders that are focused with a plan. They are now the third largest in the world in rooms. This company is based out of France but plans to make a definite impression on the United States market in the future. The company leaders are targeting the areas of technology and reservation in order to accomplishing their goal. Accor leader’s contributes much of their business success to diversity. Joint ventures in the casinos, food industry, voucher system, timeshares, cruise, holiday vacation packages are helping them to achieve their fu...

The Longevity of the Persian Empire

The Longevity of the Persian Empire The original Persian (or Achaemenid) empire, as established by Cyrus the Great in the 6th century B.C., only lasted approximately 200 years until the death of Darius III in 330 B.C., following his defeat by Alexander the Great. The core territories of the empire were then ruled by Macedonian dynasties, primarily the Seleucids, until the late 2nd century BC. During the early 2nd century B.C., however, the Parthians (who were not Persians but rather descended from a branch of the Scythians) set up a new kingdom in eastern Iran, originally in a breakaway province of the Seleucid empire. Over the next half-century, they gradually took over much of the rest of what had once been Persian-controlled territory, adding Media, Persia, and Babylonia to their holdings. Roman writers of the early imperial period sometimes refer to this or that emperor going to war with Persia, but this is really a poetic or archaic way of referring to the Parthian kingdom. Sassanid Dynasty The Parthians (also referred to as the Arsacid dynasty) remained in control until the early 3rd century A.D., but by that time their state was seriously weakened by in-fighting and they were overthrown by the native Persian Sassanid dynasty, who were militant Zoroastrians. According to Herodian, the Sassanids laid claim to all the territory once ruled by the Achaemenids (much of which was now in Roman hands) and, at least for propaganda purposes, decided to pretend that the 550 years since the death of Darius III had never happened! They continued to whittle away at Roman territory for the next 400 years, eventually coming to control most of the provinces once ruled by Cyrus et al. This all fell apart, however, when the Roman emperor Heraclius launched a successful counter-invasion in A.D. 623-628, which threw the Persian state into total chaos from which it never recovered. Shortly afterward, the Muslim hordes invaded and Persia lost its independence until the 16th century when the Safavid dynasty came to power. Facade of Continuity The Shahs of Iran maintained the pretense of an unbroken continuity from the days of Cyrus, and the last one holding a huge pageant in 1971 to celebrate the 2500th anniversary of the Persian empire, but he wasnt fooling anyone familiar with the history of the region. While the Persian Empire seems to have eclipsed all others, Persia was a great power in 400 B.C. and controlled much of the Ionian coast. We also hear of Persia much later at the time of Hadrian and, by all accounts, Rome avoided prolonged conflict with this rival power.

Macroeconomics Dissertation Example | Topics and Well Written Essays - 10000 words

Macroeconomics - Dissertation Example The Future of US Dollar: Still the Preferred International Currency 23 2.2.3. The Future of US Dollar: The Beginning of the End 26 2.2.4. The Future of the US Dollar: Bretton Woods III or IV? 29 2.3. Some Observations 35 Summary 36 Chapter 3 Findings and Discussion 37 3.0. Introduction 37 3.1. The US Dollar and Its uncontested hegemony as International Money 38 3.2. The Future of the US Dollar: The Challenge to the System 40 3.3. The Alternative 42 Chapter 4 Conclusion and Recommendation 43 4.0. Conclusion 43 4.1. Recommendation 44 Chapter 1 Introduction 1.0. Introduction Economic history is the story of the gradual evolution and extension of the economic community from its origin of a single household to encompass the nation and the world. In its current stage, globalisation transforms the relationship among nations, highlighting the greater interdependence and integration among countries in economic activities in particular and all facets of society in general (Suarez-Orozco and Qi n-Hilliard 2004). The recent global economic meltdown shows how interconnected countries are – the financial debacle started as a sub-prime crisis in the United States, but its effect has an impact on the â€Å"raised global financial fragility. The bubble blew up first in one place and then in another, moving around the globe† (Wade 2008, p. 40). ... reserve currency of many countries around the globe; reserve-management plays a crucial role in assisting the country during the global economic crisis (Obstfeld and Rogoff 2009). Self-insurance, which means large stock of international reserves in time of stability, may enhance the financial stability of a country. However, in a system in which many countries hold their reserves as their form of liquidity insurance, it has a destabilising effect (Obstfeld and Rogoff 2009). As such, understanding the role of US Dollar in today’s monetary system is pivotal in determining and developing appropriate national financial policies deem responsive to issues arising during times of financial uncertainties and instability. 1.1. Objectives of the Research Considering the status of US Dollar as the basic international currency, the condition of globalisation and its ensuing interdependence among countries, especially in financial and economic activities and transactions, the following are the objectives of the research. †¢ To understand and examine the role of US Dollar as an international currency. †¢ To determine its future role in international monetary system. †¢ To discuss the role of US Dollar as an international medium of exchange, as a store of value, an anchor currency in the exchange rate regimes and its use for Invoicing of Exports †¢ To validate the use of US Dollar as a primary currency in official foreign exchange reserves and as transaction currency in capital and foreign exchange markets †¢ To explore other feasible alternatives to the US Dollar as an international currency 1.2. Research Questions The two primary questions of the research are (1) what is the role of US Dollar in today’s international monetary system. In addition, (2) What are the future

Clear and Simple as the Truth in Dressing Essay Example | Topics and Well Written Essays - 250 words

Clear and Simple as the Truth in Dressing - Essay Example Meaning (p.59) that writing is thinking about the paper and thought is writing on the mind.   Before the ideology of the war tragedy come to be on the paper, it must be concrete in the writer’s mind, thus the time comes when the stylistic ability of the writer brings the war tragedy already written the mind to be as concrete as it should be. In what seems practical, thought proceeds speech, meaning that writing is not thinking, but rather the reverse is true. Keagan's war tragedy is written as a stylistic output of the written story in the mind of the writer that it becomes more concrete and tangible. Truly, a classic writer presents the concrete diamond and its aesthetic beauty as if both are visible, clear, and exact. Before the ideology of the war tragedy come to be on the paper, it must be concrete in the writer’s mind, thus the time comes when the stylistic ability of the writer brings the war tragedy already written the mind to be as concrete as it should be.

FINANICAL MANAGEMENT IN NONPROFIT ORGANIZATION Term Paper

FINANICAL MANAGEMENT IN NONPROFIT ORGANIZATION - Term Paper Example The report is prepared with the sole intent to study the various financial management practices in a non-profit organization. The author of the study will highlight the various financial management practices that ensure smooth operations of the business. It also highlights the difference in the financial management practices between profit and nonprofit organizations. The author of the study will also provide certain inputs which will help in the betterment of the nonprofit organization and help in achievement of goals and objectives. It was essential to conduct this study to understand the impact of financial management practices on the organizational performance of NPO. Introduction: Financial Management in Non-Profit Organization Nonprofit organizations form an essential part of the society and exist to provide certain benefits for the members of the society. They actually vary in size from large to small clubs and the operations are based on receipt of grants, donations, fundrais ing or receipt from members as the principal source of income. In certain instances nonprofit organizations (NPO) supplement income with the trading activities. Although, NPO operate on a nonprofit basis suitable practice of financial management ensures that there are sufficient resources and cash meant for operations of NPO. Attaining profitability is not the main objective of NPO it is necessary to ensure that it is sustainable, capitalized and funded. It should be ensured that the NPOs should have an adequate cash flow to support their technical operations over the duration of the lives and help in contribution to the achievement of goals and objectives. Sound practice of financial management is needed to ensure that the human resource of NPO utilize the resources effectively. The operations and activities of NPO vary and organizations where trading activities are not present stock management practice will not be relevant. Implementation of effective management practices will ena ble in attainment of strategic goals of the organization easily. Implementation of sound financial management practices would require understanding the current financial position of the NPO which is important for the provision of NPO services. Sources of Funds in NPO Gifts and Donations: The donations in NPO usually come from companies, charitable trust, foundations after a fundraising appeal. Gifts and donations are regarded as an important source of income and also attract tax reliefs (Green, 2013). Fund raising activities are time consuming and expensive. Grants: The grants are made by charitable trust and public sector. The donated money is not returned and is usually exempted from tax (KnowHow Non Profit, 2013). Loan financing & equity capital: Loan is the sum of money borrowed to be repaid back with interest and loan financing is potentially used widely in NPO. Equity capital is provided by external investors in return for a stake in the organization (KnowHow Non Profit, 2013) . Contracts: A form of trading activity which involves agreement between two parties and each party has to abide by the terms and conditions failing which will attract penalty or fine (KnowHow Non Profit, 2013). Trading: Many NPO generate income by selling goods and services to the members of the organization (KnowHow Non Profit, 2013). Financial Management Practice in NPO Analyzing the financial position of the organizations will enable the smooth operations of NPO and also help in providing excellent services. Firstly, sound

The Elements of a Contract

The Elements of a Contract 1.0 Introduction I am the Human Resource Manager for a recording company. My director who name Mr. Abu requested me to rent an apartment accommodation for three employees who came from oversea to stay in my state. So I am as the Human Resources Manager, I am expected to deal with the landlord. I need to find out the main element for binding a valid house rent contract. Apart from that, I need to brief the main element to my directors Mr. Abu and design a contract to show to Mr. Abu. Then, to assume that the landlord claim that my employees was damage the kitchen cabinets after one month they have stay in the rented apartment, so I am expect to write a report to Mr. Abu on what kind of legal solution that might can be taken by the landlord and how I am go to solve the situation and I need to justify my answer to avoid my legal liability on such damage to property in apartment. Apart from that, I need to describe the nature contractual liability arising from the damages that found in the house and whether tenants are partially or wholly liable for damages done to the premises. 2.0 The Main Element for Binding a Valid House Renting Contract 2.1 Offer An offer or proposal for the creation of an agreement is necessary. Section 2(a) Contract Act 1950 provides that if a person means another who is willing to do or omit to do something to the consent of the other as the act or abstinence could be obtained, it is said, on to make a suggestion. The first part of the Section 2(c) in the Contracts Act 1950 calls the person who make the proposal promisor. Under the contracts Act 1950 and English Law, an offer or proposal is something which is capable of being changed into the agreement by its acceptance. The proposal should be a definite promise to be bound provided certain specified terms that are accepted. The promisor or also called as the offeror must have stated his willingness to an obligation to undertake certain specific terms, leaving the option of its refusal or acceptance to the offeree, the person to whom that offer is made. Then contract is complete once the offeree is accept the offer. (GILLIES, P, 2004). Thus, offer is one of the parties made a promise to do or prevent from doing some specified action in the future. (Jec.unm.edu, 2015). Apart from that, the offeror may make the offer to a particular person or to the whole world. 2.2 Acceptance To form a binding valid house renting contract, the offer must have an acceptance. Acceptance of an offer is the offer was accept unambiguously. The acceptance must be an agreement to each of the terms of the offer. Section 2(b) of the contract Act 1950 provides that when a person made signifies his assent thereto to whom, the proposal is said to have been accepted. When a proposal was accepted, it will become a promise. Apart from that, the person that who is accepted the proposal is called promisee. In additional, acceptance must be communicated to the offeror. The communication of acceptance may be express or implied. (Gulshan, Kapoor and Paliwal, 2008). Furthermore, acceptance of any promise which is made in performance or words that could say to be express. In contrast, acceptance that made other than words and performance is say to be implies. For proposal to be changed in a promise, the acceptance of the proposal must be absolute and unqualified, so that the acceptance is complete consensus. Then, if the parties are still bargaining, agreement is still not yet formed and the proposer cannot prescribe silence as a manner of acceptance. 2.3 Intention to Create Legal Relations A statement to be an offer, it must be made with the intention that it be binding upon acceptance. It is also necessity that all the parties to an agreement have an intention to create legal relations which is meaning the parties intend the legal consequences attach to their agreement. (JONES, L, 2013). In short, the parties intend that the agreement will be binding with recourse to some external judge for this enforceability. In determining whether the parties intend their agreement to be legally binding, the courts are guided by two presumptions such as parties to a domestic or social agreement do not intend to be legally bound and parties to business agreement intend to be legally bound. These are presumptions only and can be rebutted by sufficient evidence to the contrary. 2.4 Consideration Considerations is something of legal value that each party gives to the contract to bind the agreement. (Goldman and Sigismond, 2014). So, the consideration is especially important where the agreement involves a promise to the act in a particular way in future. In exchanges where there is an immediate, simultaneous transfer of, for example, good for money, the doctrine of consideration applies in theory but rarely will causes practical problems. An agreement without consideration can consider is void. Apart from that, consideration need not be adequate and not be too vague. The words consideration defined as when, at the desire of the promisor, the promisee or any other person has done or refused from doing, or does or refused from doing, or promises to do and refused from doing something, such act or abstinence or consider as promise is called a consideration for the promise. 2.5 Certainty Certainty is the terms of a contract are certain when each of the provision is described or explained properly and clearly set forth. (Definitions.uslegal.com, 2015). The terms of an agreement cannot be vague but must be certain. An agreement which is not capable of being made certain or uncertain is consider as void. An enforceable contract requires certainty of terms. Which means for an agreement to be a contract, it must be apparent what is the terms of the contract are. If the important term in the agreement is not settled, the agreement is not a contract. 2.6 Capacity Capacity to contract is legal and mental ability to understand the nature of an enforceable agreement. (Goldman and Sigismond, 2011). Furthermore, capacity is mean that the legal competence of a person to enter into a valid contract. The parties entering into a contract should be also competent to contract, that is to said, they must have the legal capacity to do so. Capacity refers to the ability of the parties to a contract to fully understand its terms and obligations. For example, a contract made with person mentally unsound, a bankrupt person and person under age 18 in Malaysia is void. Every person is competent to a contract if who is of the age of majority which is eighteen years old to the law to which he is subject, and who is healthy and not disqualified from contract by a law which it is subject there. However, there are some exceptions to this rule which are Contracts for necessaries, Contracts of scholarship and Contracts of insurance as well. 3.0 The Damaged level of kitchen by Alex Recording Sdn Bhd employee Alex Recording Sdn Bhd employees have damaged a part of the premise which is kitchen’s cabinet. The damaged cabinet has been left for a long period without any maintenance or repair. 3.1 Legal action take by landlord Due to Alex Recording employee Sdn Bhd employees had damaged the kitchen’s cabinet and left for a long period without any maintenance or repair. Therefore, the landlord is going to take legal actions towards Alex Recording Sdn Bhd based on the rental agreement’s conditions as follows: (Please refer to Appendix 1.1 Rental Agreement number 11 and 12) 3.2 Landlord takes action to against Alex Recording SdnBhd The landlord will takes civil action to against Alex Recording Sdn Bhd due to Alex Recording Sdn Bhd is breach of contract cases. According to wiseGEEK (no date) has reported that a civil action is usually brought for the purpose of resolving private legal issues that arise between business, people, or other entities. There also mentioned some of the most common kinds of civil actions include family law proceedings, civil rights violations, breach of contract cases, and personal injury lawsuits. Landlord can’t takes criminal action to against Alex Recording Sdn Bhd due to criminal action is brought by government (society) to determine whether the guilty person committed the unlawful act and to determine the accused person’s punishment reported by NDSU (no date). NDSU also reported that criminal action punishment will be imprisonment or a fine paid to the government, and the case of criminal action such as Armed Rubbery. 3.3 The Argument to against landlord According to Alex Recording Sdn Bhd employees said that the kitchen’s cabinet was broken before they move in. However, Alex Recording Sdn Bhd employees still used the cabinet but without repair it. That mean that the cabinet is not broken by Alex Recording Sdn Bhd employees and it should by someone else who had rented the premises before. Basically, Alex Recording Sdn Bhd is not liable to pay the repair fee to the landlord due to the cabinet is not broke by their employees and also the Rental Agreement didn’t notice or mention that the RESIDENT should check all the items is on the good condition before move in the premises. 3.4 Element of the contract between Alex Recording Sdn Bhd and landlord Offer Is a proper offer. Acceptance Is a proper acceptance. Consideration The agreement have consideration. Certainly The agreement is certain. Capacity Both parties have legal capacity. Intention to create legal relations -The agreement is intention to create legal relations. (Please refer to Appendix – â€Å"2.1 Case law† to check the similar case) 4.0 Contractual Liability for the damages of house The employees of Alex Recording have damaged the kitchen’s cabinet. Hereby, there are several elements of contract which has existed in this case. The elements are offer, certainty, consideration, capacity, intention to create legal intention as well as acceptance. 4.1 Offer There’s a valid offer which offered by Alex Recording, which proved by the signature of Director of Alex Recording. Moreover, terms and condition has written down in the contract by offering the landlord to have the signature. 4.2 Acceptance The acceptance in this situation is valid. We assume that the landlord has read the terms and condition only the landlord sign the contract. Meaning to say that the landlord has agreed to the contract before the landlord sign and accept this offer by Alex Recording. 4.3 Consideration There’s consideration in this contract which state in the first terms and condition in the contract, that the Alex Recording will pay RM1300 in advance for the first month as well as the security deposit of RM300, in total is RM2050 are to be paid to the landlord, Lim Wei Shang. 4.4 Certainty This contract is definitely certainty and there’s no vague terms and condition written, and labeled neatly. 4.5 Capacity The offeror and offeree has been officially 18 and above. Apart from that, both of the parties are not mentally unsound. Furthermore, they’re not in bankrupt. Thus, this is a valid contract. 4.6 Intention to create legal relation In this case, there’s an intention to create legal relation which is business relation between landlord and director. Our party will only agree to take the responsibility of partially liable since the cabinet in the kitchen is already not in a good and well condition before we starting the agreement contract and entered into rented the room. We will only take half of the responsibility as we are only partially liable for the damage of kitchen cabinet. The cabinet is too old can be see it was use many year and it is the landlords responsibility in change of a brand-new or a well-fixed cabinet before renting the room out. The landlord should also be partially liable for the damage as the landlord should take care of the safety of the customer. The landlord had already broken a condition called contributory negligence. As such, we will only be partially liable of the damage as we should not be the only party that should be responsible for the damage. As the supported by judicial precedent which is previous case law. (Please refer to Appendix 3.1 Case Law to check the similar case) 5.0 Conclusion Law can define as the body of customary rules recognized by a community as binding. Apart from that, law is defining as a body of rules which are enforced by the state. Contract may be defined as an agreement enforceable by law. Contract is an agreement which is legally binding between parties. The main element of law of contract is offer, consideration, certainly, capacity, acceptance of an offer and intention to create legal elations. In conclusion, Alex recording Sdn Bhd only partially liable on the damages of kitchen cabinet because of the kitchen cabinet is already damages before employees of Alex recording is starting the agreement and entered the rental apartment. The landlord should also be partially liable for the damage as the landlord should take care of the safety of the customer.

Common People in John Steinbeck’s The Grapes of Wrath and Of Mice and Men :: comparison compare contrast essays

Common People in John Steinbeck’s The Grapes of Wrath and Of Mice and Men John Steinbeck’s novels The Grapes of Wrath and Of Mice and Men reveal and confront the struggles of common individuals in their day-to-day lives. The Grapes of Wrath creates a greater verisimilitude than Of Mice and Men as it illustrates the lives of Oklahoma farmers driven west during the Dustbowl of the late 1930’s. Of Mice and Men deals with a more personal account of two poor men and the tragic ending of their relationship. Steinbeck expresses his concern for multiple social issues in both The Grapes of Wrath and Of Mice and Men. Tightly-knit relationships appear prominently in both books and provide the majority of the conflicts that occur. The decency of common people is written about to a great extent in The Grapes of Wrath and is also prevalent through numerous examples in Of Mice and Men. As in all effective writing that bares the soul of the author, each novel reveals Steinbeck’s core beliefs. In Of Mice and Men, Steinbeck uses the relationship between George and Lenny to express the decency of common people. Lenny is mentally disabled and George is his companion because Lenny is too incompetent to live on his own. Throughout the book, it becomes increasingly apparent that Lenny is incapable of interacting appropriately with people (other than George) without unknowingly causing some sort of trouble. Even George is sometimes overcome with the hassles of taking care of Lenny. ‘â€Å"God, you’re a lot of trouble,’ George said. ‘I could get along so easy so nice if I didn’t have you on my tail. I could live so easy and maybe have a girl†Ã¢â‚¬â„¢ (7). Yet, George looks beyond the ways in which Lenny irritates and inconveniences him and realizes that Lenny is as human as he is. He believes that regardless of Lenny’s disability, he should be treated as respectfully as anyone else. Contrary to his earlier remarks, George has great affinity for Lenny. George understands that Lenny necessitates a watchful-eye, and he is willing to be that caretaker. Ultimately, if George did not love and care about Lenny, he would have most likely abandoned him. However, George’s fundamental decency did not allow him to do this. In The Grapes of Wrath, the overall struggle of the Okies, while on their mass exodus to California, is Steinbeck’s platform to examine human beings’ innate goodwill.

Arguments for and Against the Minimum Wage in the Uk

Arguments for and against the National Minimum Wage (NMW) in the UK: stop employees being taken advantage of by being paid unfair wages by their employers. set a standard of the minimum worth of a worker. This benchmark was set so that employers would be unable to hire any staff for less than the suggested hourly rate. reduce pay differentials between genders. What is the new minimum wage? : In October 2009, the NMW for workers increased from: ?5. 73 to ? 5. 80 per hour – aged 22 years and older ?4. 77 to ? 4. 83 per hour – aged 18 to 21 years ?3. 53 to ? 3. 7 an hour – aged 16 and 17 years As of October 2010, the adult minimum rate will start from 21 years. Who qualifies for the Minimum Wage? Home workers, agency workers, part-time employees, pieceworkers†¦ most adult employees working legally in the United Kingdom with a written, verbal or implied contract, qualify for the NMW. The relationship between Demand and Supply: Arguments in favour of the NMW: Dia gram showing potential earnings from the NMW: {draw:frame} Diagram showing increasing demand for Normal goods: {draw:frame} Reduced labour turnover, raised productivity: Economic benefit for the country: Monopsonistic labour markets: A monopsony occurs when one buyer faces many sellers in a market. The buyer thus controls a large proportion of that market share. In the diagram below, a monopsonistic business maximises its profits at Q2, paying a wage at W1. (Demand = Marginal Revenue Product and supply =Average Costs). If the minimum wage increases to W2, demand for labour will increase to Q1. The level of unemployment will not increase until the minimum wage increases to an amount higher than W3. Diagram showing NMW effects on a Monopsony: draw:frame} Arguments against the NMW: Law not properly enforced: The NMW is not a properly enforced law. The result is that is has merely become a guideline to which employers are expected to adhere. It is estimated that 5% of the UK workforce receives less than minimum wage (WordPress 2009). If an employee reports his employer for paying less than the minimum wage, the employee pays a nominal fine. Fines are not severe enough (HM Revenue and Customs 2009). Low-skilled workers suffer: Many opposed the NMW when it was first introduced. Some believed that it would increase unemployment and cause wage inflation. They argued that if the minimum wage was high enough to be effective, unemployment among the inexperienced and handicapped would escalate. The workers with lesser skills would be harmed to the benefit of those who were more highly skilled. The demand for jobs at the higher wage levels would be greater than the supply of jobs available. Businesses could therefore afford to be more selective in the employees they chose, and workers with limited skills and experience would typically be excluded. Cost of production increases, leading to higher prices for consumers: Another argument is that an increase in the minimum wage willincrease production costs, thus increasing the overall cost of the product. The result of this would be reduced profits for the business, due to: producers absorbing the extra costs, leaving less money for re-investment. Diagram showing how an increase in the price of a product affects supply and demand: {draw:frame} The original price of product X is ? 35, and the demand for the product is 320 units (E1 representing Equilibrium between demand and supply). Product X then increases in price to ? 4 due to an increase in the NMW, resulting in a drop in demand for the product to 120 units. This drop in demand then results in an oversupply of goods from the producer, who is then forced to reduce his supply to the new demand level, or goods may sit on the shelf. E2 represents the new Equilibrium level between supply and demand. If the good was perishable and th e supplier did not adjust his supply, there would be a lot of wastage. Not everybody qualifies: Those who are exempt from receiving the NMW include; Apprentices under 19 years of age, and apprentices 19 years or older in their first year of their apprenticeship. Students on a work placement, forming part of a higher- or further education course, where the placement is for less than one year. The self-employed Those on a Department for Workers and Pensions back-to-work scheme The Recession: A recession is characterised by a period of at least two consecutive quarters of negative growth. During a recession, demand and supply of goods and services in the economy contracts. The UK economy contracted by 1. 5% in the last quarter of 2008 and the Gross Domestic Product experienced its biggest fall since the second quarter of 1980 (Kowelle 2009). This is the first time since the inception of the NMW that employment has fallen. Unemployment is rapidly on the increase. A reduction in output means that the need for labour is reduced. In the early stages of a recession, companies tend to cut back on employee hours, rather than making workers redundant. If companies are forced to reduce their employee numbers, they will initially attempt to do this through natural wastage, putting a hold on hiring, and not replacing workers who leave the company of their own accord. Thus the demand for new entrants to the market is very limited. The current recession has caused a very limited availability of credit and reduced demand worldwide. It is expected that high levels of debt and the fall of housing prices and equity prices will affect the UK more than many other nations (Bain 2009). What if there were no minimum wage in place? : Without a set minimum wage, the quantity of labour supplied will continue to change according to price, until the level of labour demanded is equal to the level of labour supplied. That is to say, an equilibrium price will be reached, where supply and demand curves intersect. {draw:frame} Deepak Lal, criticises the minimum wage, stating that it is â€Å"an inefficient, well-intentioned but inexpert interference with the mechanisms of supply and demand.. † References: DEPARTMENT FOR BUSINESS INNOVATION & SKILLS. , 2007. National Minimum WageGuide for Employees [online] United Kingdom. Available from: http://www. berr. gov. uk/files/file53059. pdf [Accessed 23 November 2009] eHOW How To Do Just About Everything. How Does The Minimum Wage Affect The Economy [online video]. Available from: http://www. ehow. co. uk/video_4974004_minimum-wage-affect-economy. html? cr=1 [Accessed 20 November 2009] NATIONAL MINIMUM WAGE COMMISSION. , 2009 National Minimum Wage. Low Pay Commission Report 2009. (Chairman George Bain). United Kingdom: The Stationery Office. WORD PRESS. , 2009. New Deal Scandal: UK Unemployment Course Scandal and Welfare Reformconcerns [online] 20 August. Available from: http://newdealscandal. wordpress. com/2009/08/20/national-minimum-wage-nmw/ [Accessed 23 November 2009]

Supply Chain Management and Zara

Zara Case Analysis Operations Management MBM1110 Table of Contents Executive Summary 3 Introduction 3 Outstanding Operational strategies Layout 4 Forecasting 5 Product life cycle 5 Product Design and Supply Chain Management Marketing 5 Just in time 6 Vertical Integration 6 Incorporation of Bershka Conclusion 7 Bibliography 8 Executive Summary Zara, a flagship chain store of the Inditex group owned by Spanish business tycoon Amancio Ortega is one of the top names in the mid-priced fashion industry. Zara was established in 1975 in Acoruna, Galicia, Spain and has expanded to 1395 stores all across the globe.It is said that Zara, unlike any other retail organization in the clothing industry takes just two weeks to design, develop and get a new product into the stores. However, the retail industry has a six month average to do so. By using its operational strategies in a very successful manner, Zara is able to launch 10,000 new products every year. This report will discuss the operational strategies that Zara uses which works as order winners and order qualifiers. It also discusses the strategies that they use which makes them one of the top names in the fashion industry.Introduction Zara uses very innovative strategies for its business. By doing so, Zara is able to avoid outsourcing its manufacturing proce ss to low cost and developing countries like most of the other companies in the industry. Zara does not even spend a lot of money on marketing, hence increases its profit margin. It however does spend on the layout of its stores. Unlike many of its competitors, Zara is a vertically integrated retailer since it controls most of the step in it supply chain by designing, producing and distributing itself.This unique business model has resulted in the emergence of one of the most successful retailers in the fashion industry. Terry Hill in 1993 came up with the terms ? order qualifiers? and ? order winners? , against which it is believed that manufacturing strategy should be determined (Add Reff. Hill, T. (1993), Manufacturing Strategy: Text and Cases, 2nd ed. , Macmillan Press, London. ). Order Winners are characteristics that serve as a competitive advantage for one firm over others.Order winners enable the customers to choose a particular firms goods and services over the competitors. Order winners in this case for Zara are: y High-end fashion at a reasonable price Even though Zara ¶s products are highly fashionable, they comparatively cost way less compared to other big names in the fashion industry Supply Chain Management y As discussed below in the report, due to Zara ¶s outstanding SCM, it is able to order order the latest in fashion every two weeks for a reasonable price. Thus, are able to offer something to their clients that none of their competitors can.Order qualifiers are the competitive characteristics that a firm must take advantage of in order to be a viable competitor in the market place. To provide order qualifiers, companies need only to be in par with the competitors, however, in order to provide with order winners, companies need to be way better than its competition. Having said that, order qualifiers are in no way less important than the order winners, in fact, they both complement each other. In Zara ¶s case the order qualifiers are: y Quality They offer good quality products at relatively cheaper price compared to the competition.Outstanding Operational strategies While Zara maybe a very successful high end retailer, the main facet of Zara that has got academics buzzing is its completely novel approach to its operations and supply chain for a retailer in high-end fashion. Layout The main intention of a layout strategy is to develop an economically viable layout that will be in line with the company ¶s Competitive requirements (Render & Heizer, 2005). Zara invests a lot in their store layouts to make sure that their store maintains the fresh and trendy look.They have a testing facility close to their head office in Spain, where they test different types of store layouts on a regular basis. Zara remodels each of its stores every five years in order to keep up with the current trends (Zara ¶s Business Model, 2010). The entire layout, including the furniture and the window displays are all designed at the testin g facility in order to maintain a standardized image globally. A flying team from the head office usually flies down to a new location to set up the store. Their motto is that they want the store managers to focus more on sales than anything else.Zara can afford to do this since they do not spend lot advertising and marketing campaigns. Forecasting One of Zara ¶s major competitive advantage over other retailers is it technique of forecasting. Unlike, other retailers, Zara has developed its business model around reacting promptly. Zara focuses heavily on its forecasting effort on the amount and the type of fabric it will purchase. Zara tends to do this since it ¶s usually cheaper to rectify mistakes on raw fabric as compared to a finished product. It also uses the same fabric to produce something else (Render & Heizer, 2005).Zara usually buys un-processed fabric and colors it according to the season based on market ¶s immediate need. By doing that, and by combining it with a hi gh-speed garment design & production process, it ¶s able to the deliver what the market is actually looking for at that time. Product life cycle In a typical Product Life Cycle Curve of the fashion retail industry, sales decreases as products move across the times line. However, Zara ¶s Product Life Cycle Curve is totally the other way round since it is in a high fashion industry and it offers products that are of the latest trends and designs with a life of maximum 5-6 weeks.Product Design and Supply Chain Management The entire process of product design is very unique compared to its competitors. Commercial managers and designers at Zara start working on the design of the fabric, the costs, raw material, selling price etc as soon as they receive the instructions from the Zara stores. Instructions are issued to cut appropriate fabric as soon as approvals are received. All the raw materials are distributed for assembly to a network of small family owned businesses that are mostly in Glacia and in Northern Portugal.Unlike its competitors, Zara ¶s high-tech distribution services system ensures that there is no style lying around at the head office. The finished products are quickly cleared through the distribution centers and are shipped to the stores within 48 hours. Deliveries ¶ are received twice a week by each store. This entire process of product design and supply chain management gives Zara a huge edge over its competitors. Marketing Zara has a very unique approach to marketing compared to the other big players in the industry.Unlike its competition, which spends 3-4 % of total revenues on marketing and advertising campaigns, Zara spends 0. 3%. This is a major competitive advantage over its competitors. Zara strategically locates all of their stores in prime retail districts for  µvisibility marketing ¶. As mentioned earlier about the product development cycles, customers are rendered immune to visit Zara stores very often since new items are st ocked weekly and are often not re-stocked. Zara creates a feeling of scarcity within the customers, and this makes them come back to the store frequently and make purchases.Just in time Just-in-time (JIT) is a strategy that is used for inventory management in such a way that it helps a business improve its return on investment by reducing in-process inventory and the associated carrying costs (Shingo, 1989). Zara follows a true JIT inventory system. Its inventory system is influenced by the pull of the customer instead of a push from the designer. This helps Zara to have a competitive advantage over the competition since it has a very low inventory to sales ratio. Vertical IntegrationZara is a very vertically integrated company by working through the whole value chain and is highly capital intensive. This is a unique model that let the company develop a strong merchandising strategy that led it to create a unique model of fast fashion system (Craig, Jones, & Nieto, 2004). Incorporat ion of Bershka Most big brands in the world regardless of the industry they are in usually have more than one brand name. In the fashion retail industry, Gap Inc. Owns few big names as Gap itself, Old Navy, Club Monaco, etc. It is a strategy used to penetrate different segments of a market and to increase the market share.It also tries to give consumers an impression that different brand names have something different about them. Companies also use the is strategy to create a specific brand for each and every market they try to target. Inditex has also used the strategy of penetrating different segments of the market by creating a different brand name for each segment (Inditex Annual Report, 2008). Inditex owns different brands such as Zara, Massimo Dutti, Pull and Bear and Bershka which tends to cater to different markets. Merging all of these brands or any two brands into one name would not make a lot of business sense for Bershka.The brand Bershka was launched by Inditex in the y ear 1998 with an aim of targeting the young fashion-conscious crowd. Incorporating Bershka into Zara ¶s operations would not be a very good strategic move for Inditex. Bershka currently owns 638 stores in 41 different countries, hence incorporating that in to Zara ¶s operations would raise lot of challenges for Inditex. Since Bershka and Zara both have a very different target market, formulating strategies for both of these firms combined will definitely effect the operations of the company in whole. Both brand names have established different clientele for themselves.Bershka currently targets the young and fashionable and Zara targets the fashionable crowd as well, however it has different demographics for it. Combining these two brands into one will result in loss of loyal customers and might also impact the company negatively. There ¶s no guarantee that Bershka ¶s existing clientele will shift to Zara, in fact they might just end up losing majority of that segment. Zara ¶s market share might increase by a very small percentage; however Bershka might end up losing a major chunk of its current clientele, which in turn will not be good for Inditex in whole. Conclusion Read also: Advantages and Disadvantages of Administrative Management