Wednesday, July 31, 2019

Hamlet’s Oedipal Complex

Hamlet's Oedipal Complex In William Shakespeare's, Hamlet, the Oedipus complex plays a critical role in the affairs of the young prince. Sigmund Freud's theory states that it is normal for children to have sexual desires for their parent of the opposite sex. He says that it is also normal to have feelings of hatred for the other parent that is of the same sex as the child. Most children experience these feelings at a very young age, after which the feelings  are overcome or in some individuals become deeply suppressed. Those that carry on these feelings into adulthood are considered to have an Oedipus complex.These feelings, in some cases, are linked to a physical separation between father and son. This leads the child into a paradoxical state of masculinity, wherein the child spends much of his time solely with the mother, and yet a sense of guilt or femininity, because the mother is significantly older. This sense of guilt and femininity also prevents Hamlet from identifying with women their own age, a societal norm. Furthermore, Hamlet's Oedipal feelings have been buried within him since his childhood. These feelings were hidden during the life of Hamlet, Sr. because the two had a strong connection.However, the death of King Hamlet and hasty marriage to Gertrude by Claudius sparked jealousy within Hamlet. He felt no connection to Claudius, nor felt guilty by having feelings for his mother. It was due to this event that Hamlet's latent Oedipal Complex took over. Although Freud outlined this complex almost 300 years after the publication of Hamlet, Shakespeare's characterizations in regards to the Oedipus complex cannot be refuted. The three main aspects including hatred of the father, intimate desires of the mother, and disconnection from the loving Ophelia show Hamlet's embodiment of the Oedipus complex.Hamlet's actions and mental health are affected by the presence of these Oedipal qualities. Freud had said that the son takes the mother as the object of h is desires. Because of this desire to be with Gertrude, a rivalry forms between Hamlet and Claudius. In the play, Hamlet shows great hostility towards Claudius because of his mother's hasty remarriage. This infuriates Hamlet as he begins to see murdering Claudius as a way of asserting masculine dominance and avenging his father. Once King Hamlet's ghost  tells Hamlet  that it wasClaudius who murdered him, Hamlet feels conflicted. Throughout the play, Hamlet struggles  internally over killing Claudius. It is something he wants to do, but is unable to carry out the task. Because of his Oedipus complex, Hamlet has wanted to kill his own father for at least 20 years, as outlined by Freud. Hamlet desperately wants to desperately forget the presence of his father and mother together, as illustrated in this excerpt in Act 1, Scene 2 from Hamlet. â€Å"Must I remember? Why she would hang on him, as if increase of appetite had grown† (William Shakespeare, 29).In using the word à ¢â‚¬Å"would† to show the past tense, Hamlet is referring the dependency of Gertrude upon King Hamlet, rather than Claudius. Shakespeare also is redundant with the phrase â€Å"increase of appetite had grown†. But Shakespeare is emphasizing the fact that Gertrude became increasingly voracious for King Hamlet's love, which further disturbed Hamlet. In essence, Hamlet feels weak because Claudius did what Hamlet could not. These feelings of inferiority, along with the Oedipus qualities, create feelings of guilt and repulsion towards Claudius. Hamlet becomes aware that he is no better than Claudius is.In murdering Claudius, Hamlet kills himself as well. Claudius has achieved Hamlet's Freudian ideal, killed his father, taken his place, and fulfilled his incestuous desire in winning over Gertrude. Hamlet is able to identify, and even sympathize with Claudius for having done what Hamlet only wished he could do. Hamlet and his mother's relationship is also shown as more intimate than the traditional mother-son relationship due to Hamlet's language regarding his mother his mother, as well as the rivalry toward Claudius for his Gertrude's attention.This suggests that Shakespeare also saw the behavioral characteristics of the oedipal complex in humanity that Freud did, explaining them through the relationship between Hamlet and Gertrude. In the word choice Hamlet uses when addressing Gertrude, he shows a discreet desire for his mother bordering on the sexual. In Gertrude's bedroom in Act 3, Scene 4, he addresses her with the following: â€Å"Nay, but to live in the rank sweat of an enseamed bed, stewed in corruption, honeying, and making love over the nasty sty! † (William Shakespeare, 175).The privacy and intimacy of the bedroom add a new dimension when the relationship between Hamlet and Gertrude is examined. Bedrooms are private, usually the setting for sexual activity. Shakespeare placed Hamlet and Gertrude in these quarters to suggest the aspects of Hamlet's sexual desires for his mother and allow Hamlet to express himself wholeheartedly to his mother. This obsession shows that Hamlet is suffering from an  Oedipus complex. The idea of Claudius engaging intimately with his mother brings out the incestuous feelings stirring within Hamlet.But Hamlet is also confused that, at Gertrude's age, she can't control her sexual desires. Hamlet worships Gertrude, he has high expectations of her, treats her as if she were a goddess. But yet, the fact that she cannot control her sexual desires makes Hamlet all the more intrigued. However, Hamlet is also ridden with jealousy in regards to her sexual activities with Claudius. Hamlet confronts Gertrude, accusing her of spending too much time â€Å"in the rank sweat of an enseamed bed†. The phrase â€Å"rank sweat† means thick or heavy sweat.Hamlet, by saying Gertrude lives in Claudius' bed, is jealous of their constant lovemaking, driving Hamlet to act rashly in killing Poloni us. In the Scene, Hamlet wished the person behind the curtain had been Claudius. He would have won over his mother and avenged the death of his father. Because of his feeling of inferiority, Hamlet feels he needs to establish himself as the powerful masculine figure by killing Claudius and becoming king of Denmark. However, his rash behavior and lashing out largely affects his mental state as well.Ophelia is the character most affected by Hamlet's Oedipal desires for Gertrude. Hamlet disgraces Ophelia, using her simply for sex and pleasure. She means very little to him as a human being. In Act 3, Scene 1 Hamlet orders her to â€Å"Get thee to a nunnery† (William Shakespeare, 131). Completely focused on his desires for Gertrude and murder of Claudius, Hamlet has no need for distractions such as Ophelia. Hamlet's relationship with Ophelia is completely abnormal. He solely uses Ophelia as a substitute for Gertrude.Ophelia's femininity draws Hamlet in, satisfying his lust for his mother and insecurities surrounding Claudius. He toys with Ophelia's affections, just as Gertrude toys with his. He uses Ophelia for pleasure to an extent, but rather uses her to challenge Gertrude. He wants Gertrude to feel threatened, jealous, or angry with Ophelia. Hamlet feels the need to torture Gertrude because he has been so tormented by her himself. Hamlet goes as far as to attempt to spark jealousy within Gertrude by sitting at Ophelia's feet rather than Gertrude's when she asks.Gertrude, in turn, expresses jealousy of Ophelia by refusing to speak to her following the incident. Alas, Hamlet's desires are never to be. When Gertrude dies, it frees Hamlet of his Oedipus complex. After her death, Hamlet had the strength, mentally, to carry out the wishes of King Hamlet's Ghost and kill Claudius, but without the prize he desired. Freud's Oedipus complex effectively explains Hamlet's melancholic state of pensiveness and inaction in killing Claudius. Hamlet was focused on the end result, realizing his desire for Gertrude. It was only after her death that he was free from himself.Hamlet killed Claudius quickly after Gertrude's death as an act of revenge. His Oedipal love for his mother pushed him to near insanity before her death. Hamlet's paradoxical relationship to Claudius is one of the Oedipal aspects that plays into the character of Hamlet. Although Claudius denies him of Gertrude, Hamlet cannot help but stand in awe of the fact that Claudius murdered King Hamlet, something Hamlet could never quite bring himself to do. Secondly, his use of language suggested an intimate relationship between Gertrude and Hamlet.And finally, the abuse of Ophelia gives an example of how the Oedipus complex affected Hamlet's mentality. He became abusive, confrontational, and obsessed with Gertrude, the woman he could not have. Hamlet was deeply altered by the presence of his Oedipal feelings toward his mother, which transformed changed him from a dedicated scholar to an obs essed lover. These three main aspects including hatred of the father, intimate desires of the mother, and disconnection from the loving Ophelia showed Hamlet's embodiment of the Oedipus complex.

Tuesday, July 30, 2019

Terrorism and Immigration Legal Report

As the world's population grew, so did political and economic instability, as well as major international conflicts. Tensions between countries and cultures tightened, and eventually and inevitably, one of them attacked. This terrorist act brought with it the panic and chaos fuelled haze that was post-911 Australia, and similar to many situations in the past, the fear and vulnerability associated with the community allowed the government quite a substantial amount of political power. This atmosphere of fear and ignorance lead to several incomplete and somewhat extreme pieces of Anti terrorist legislation to be passed by the Howard government, in order to ensure the safety of all Australians, or so they said. Dr Mohammed Haneef a doctor working in Queensland on a skilled migrant visa, soon found himself a victim of these laws. When two Indian men attempted to bomb an airport in Glasgow, UK, Mohammed Haneef became a suspect in the eyes of the Australian Federal Police, and was arrested shortly. Several blunders and misinterpretations by the AFP lead to the wrongful detention and charging of Dr Haneef, a man who spent a total of 12 days in detention without being charged and had his visa unfairly revoked during his trial. Haneef was eventually released and all charges were dropped against him, when the Public Prosecutor determined that there was no legitimate trial against him. However, the course of events that Dr Haneef experienced brought to light the glaring dilemmas associated with Australia's radical Anti Terrorist laws and corresponding government agencies. The Clarke inquiry and concurrent recommendations As a result of the badly handled Mohammed Haneef case, the labour party ordered a full inquiry be conducted into the legal case, in order to identify the key faults and inefficiencies in government agencies and legislation that related to the Haneef Case. This Inquiry was called the Clarke inquiry, conducted by John Clarke, a Supreme Court judge. Despite the inquiry lacking several crucial powers, it worked well to suggest a number of key findings and recommendations. Some very key recommendations that worked toward rectifying mistakes made in the Haneef case were as follows: That the government consider establishing legislation or necessary arrangements that would consequently apply to other inquiries and reviews that involve national security. That parliament review part 1c of the Crimes act 1914, the part that relates to terrorism offences. That the Australian government appoint an independent reviewer of the Australian counter terrorism laws. That the Minister for immigration and citizenship be included in the list for security intelligence notifications and reports produced by ASIO, in order to prevent miscommunication in the future. All of these recommendations and more were implemented and thoroughly elaborated on by the Australian government. Anti-Terrorism laws reformed due to the Haneef case. Following the Haneef case and the Clarke inquiry, the government decided that necessary reforms were in order and announced its intentions to amend and alter several Anti-terrorism laws in order for them to correlate with conventional, sophisticated standards, standards that find a fair balance between national security and civil liberties. The Labour government took a major step in deciding to abolish the sedition terms within anti terror legislation while focusing more on rebellious acts that insight violence. The previous laws were deemed restricting of academic liberty and free speech. Some of the other significant changes listed in a newspaper article include the advancement of individual review of the Australian federal police, the government's decision to broaden powers assigned to the Inspector general of intelligence and security which allows inquiries to extend across all National security agencies, and the in-statement of an independent reviewer of Australia's counter terrorism laws, to be named the National security Legislation Monitor. These reforms are a strong representation in the government's effectiveness in update obsolete or otherwise procedurally dangerous Anti-Terror laws. These changes are the first of many steps in order to find the balance between human rights and National security. Claims for compensation by Mohammed Haneef After the ill handled arrest and charge against Mohammed Haneef and the distasteful cancellation of his Visa, Haneef has finally returned to Australia to claim compensation against the federal government on the basis on his trauma, loss of wages and career, defamation. Despite having an almost iron hard case against the federal government, Haneef opted to first try his best to resolve the manner through a mediation process. A News article reported that Mohammed Haneef's lawyers were able to reach an agreement with the federal government and rested his claims for compensation, a substantial claim, though the actual amount is undisclosed. It can be seen as a victory for the Mohammed Haneef and the Australian government, whose reputation will be partially restored over the matter. The government chose to make a good decision and provide Haneef with legitimate compensation through very discreet and uncontroversial means, casting little to no negative association to the government. Formal apology from the Federal government Almost immediately following Dr Haneef's success in claiming compensation, as reported in a relevant media article, the federal government released a document in the form of a formal apology on behalf of the AFP's several blunders and misinterpretations, which lead to the prolonged detention and charge of Mohammed Haneef. Haneef's lawyer congratulated the Government for recognising the need for such measures in a formal declaration of innocence, that would help clear Haneef's name of any wrong doing . The AFP also participated in the assist of Dr Haneef's claim for compensation, and were eager to rectify its previous hastily made mistakes. The Federal government's formal apology not only allowed Haneef's professional reputation be cleansed, but also publicly rid them of any negative association with the controversial court case. Conclusion The politically fueled implementation of Anti-terrorism legislation by the Howard government was a rushed and ineffective endeavor, and despite Mohammed Haneef becoming the victim of such broad laws, his Case, as well as the efforts of the labour government, allowed these radical laws to be reformed to concur with Australia's legal and utilitarian standards.

Monday, July 29, 2019

Assessment And Differentiation Essay Example | Topics and Well Written Essays - 1250 words

Assessment And Differentiation - Essay Example By differentiating assessment, educators open up opportunities for students to show their developing skills and knowledge in ways in which they might be more "assured" or which might challenge them further. This is true for both lower-level and higher-level learners. Educators are capable of planning the most appropriate activities, as well as assessments, in order to meet student needs (Colorado, 2007). Through centering on adapting assessments to match students’ strengths and needs, teachers can open doors for students to be victorious. Such a change is essential for students who might otherwise not be capable of demonstrating mastery with traditional or normal assessments. Such exceptional students might be English language learners (ELLs). This paper will come up with a lesson plan for English language learners and how they can be effectively assessed by their educators. Teacher Preparation English language learners (ELLs), in content-area courses, have a double challenge meaning that they are expected to learn content and language at the same time (Colorado, 2007). ELLs struggle in content-area lessons such as literature, math, social studies and science because they have not gained the language, literacy skills, or background knowledge essential to master new content knowledge. One way to dealing with this challenge is by effective lesson planning. Relying on their different levels of English proficiency and literacy, ELLs will gain from the skills, which a well-designed lesson can tackle. Effective lessons comprise of building background knowledge, guided practice, explicit instruction and modeling, peer practice and assessment of content learned (Colorado, 2007). Student-teacher interactions along with peer interactions are significant for learning. Owing to the diversity in the background and experience that ELLs bring to the classroom, it is necessary to prepare lessons that deal with a broad range of needs. This wide sweep will also benefit al l students in a classroom whether English language learners or not (Hall, 2008). Lesson Components Building Background Knowledge Successful lesson planning requires a couple of steps from initial preparation to the ultimate review of material (Tonya, 2005). Once teachers get started, they should modify their survey to ensure their lesson or standard objectives are eliminating unimportant information, which does not meet its objectives. ELL teachers should also choose key vocabularies to pre-teach their ELLs and develop assessments to examine the content they taught. As teachers prepare their lessons, they should determine what background knowledge students require so as to master the material (Tonya, 2005). Educators might find that their English language learners’ background knowledge differs substantially from one student to another. It is also essential not to consider that ELLs' background knowledge is same as that of other learners, who were raised in this nation. With a n aim of building background knowledge to ELLs, educators could try creating interests in the subjects they teach through pictures. They could utter the name of the object as many times as possible, in order for ELLs to grasp the name. Educators should also build text-specific knowledge through offering students or ELLs with information from the text beforehand, mainly when the text is conceptually tough to understand. For

Sunday, July 28, 2019

Comprehensive SWOT analysis for the Proposed performance Improvement Essay

Comprehensive SWOT analysis for the Proposed performance Improvement Plan - Essay Example Additionally, the improvement plan will also be a basis for sufficient financial resources for the Unit from the California Pacific Medical Center, a better image and reputation for the unit along with insulation from any pressures that might arise from other units in the medical center. The improvement plan will further allow the unit to offer differentiated services while offering cost advantages originating from the improved processes, which will be beneficial to the rest of the medical center. A weakness is an aspect or attribute that puts an organization at a disadvantage with the lack of particular strengths being considered as weakness (Schulz & Johnson, 2003). Weaknesses in the improvement plan may result in the medical surgical telemetry unit facing some vulnerability to various pressures. Weakness needs close assessment since some of them may have negative consequences to the organization. A number of the weaknesses intrinsic in the improvement plan of the in the medical surgical telemetry unit include: having an indistinct strategic direction, working with outmoded facilities, inadequate management vision including depth and skills as well as difficulties in raising capital to execute the implementation plan. Additionally, outdated technology in the unit, low morale on the part of the employees, poor previous record in executing strategies and poor image to the rest of the medical center are some of the weaknesses that may affect the implementation plan. Opportunities are seen as advantageous situations that can be used to benefit the organization and is offered from the outside environment so that the management can choose the manner in which they can best use it (Garcarz, Chambers & Ellis, 2003). Opportunities may arise as a consequence of favorable changes in the external environment or from a productive approach created by the management in making the environment beneficial. Some of the

Leadership Challenge Essay Example | Topics and Well Written Essays - 1250 words

Leadership Challenge - Essay Example Leadership involves the most vital resources of the organization- the people. Power distribution between leaders and group members is unequal. Leadership involves the use of different forms of power to influence the behavior of followers. And lastly, leadership is about values. Management is the process of planning, organising, leading and controlling all phases of business operation in order to achieve the objectives of that organisation. Effective management invariably results in business success, while ineffective management often results in business failure. Planning is an intellectually demanding process, because it requires deliberate courses of action where decisions are based on purpose, knowledge and considerable degree of estimates. Planning minimizes costs. Its emphasis is on efficient and effective operations and consistency of procedures and methods. Organizing includes the skills of self- managing and team work thus time is considered as an essential factor. The word organization refers to the structure or a network of relationships among individuals interacting with one another. Organizing as a tool is an end in itself but a means of achieving the objectives of the organization. ... manager without the authority necessary to direct and supervise it, and the provision for coordination horizontally and vertically in the organizational structure. Controlling makes use of skills involving setting of performance standards and measurements of performance as well as flexibility and adaptability to change. Controlling is the managerial function of measuring and correcting performance in order to make sure that organizational objectives and plans that were deliberately devised to be attained are being accomplished. Planning and controlling are closely related that some manager and management practitioners think that their functions are also closely related. Objectives and plans are very important and control is not possible, because performance has to be measured against some established criteria. Controlling, as a management tool, is the function of every manager from president to supervisor. While the range of control varies among managers, those at all levels have the responsibility for the effective implementation of plans. Control is the process of assuring management that the organizational plans, objectives, programs and other specific tasks are carried out effectively and efficiently. The basic control process involves three steps: establishing standards, measuring performance against these standards, remedies for deviation from standards and plans. SUMMARY Kouzes introduced the five practices. "Faced with different cultures and difficult circumstances, Lindsay Levin and Alan Keith each seized the opportunity to lead. They chose a pioneering path and led their organizations to new summits of excellence. And although their cultures and circumstances are distinct, we learned some important lessons about leadership from Lindsay, Alan, and

Saturday, July 27, 2019

Main Cross-Cultural Issues in Managing the Organization Essay - 1

Main Cross-Cultural Issues in Managing the Organization Internationally - Essay Example It is evidently clear from the discussion that Indian management in several organizations give less focus on team-based evaluation they focus on individual targets because they are more concerned to evaluate each worker’s quality work. The retail market in India is projected US$ 26 Billion in 2011 and is expected to grow to US$ 84 Billion by 2016. According to the US commercial services, Indian per capita expenditure on cosmetics is Rs, 30 and the cosmetic industry are growing at the rate of 15% every year. These facts and figures support the product category because the industry is growing, and holds the chance for active cosmetics to step in. Multinationals and local companies are giving much emphasis to workforce management practices. Multinational companies outsource its distribution to the third party. For example, P&G outsource its distribution to Agility logistics. Departmental stores will welcome us like Star India Bazar, Big Bazaar, Max hypermarket, Vishal mega mart, easy day, city mart, which shows that we have a possible chance to excel in the Indian cosmetic market segment. The Indian government supports to the foreign brand (whether imported or locally manufactured) in India is freely allowed and just have to pay up to 2% on export and 1% on domestic sale. India is a large diversified country and to become successful in this market we need to obtain comprehensive localized information. Due to a large market, we will require multiple distributors to cover the whole market. In India, DAC, 1940 (Drug and Cosmetic Act) is followed for the import, sales, manufacturing, and distribution of cosmetics.

Friday, July 26, 2019

Key Stage 2 Curriculum Essay Example | Topics and Well Written Essays - 2500 words

Key Stage 2 Curriculum - Essay Example As opposed to the previous prescriptive, generalized teaching scheme, the Key Stage 2 integrated curriculum revisions aim to foster innovation and creativity in pedagogy to stimulate the minds of the children and appeal to them such that they will be inspired to study and think more (Plant, Addysg, and Sgilian, 2010). Reforms in education provision have occurred in the past but the Key Stage 2 integrated curriculum revisions are significant because of the degree of involvement of teachers and school authorities and the degree of flexibility in teaching afforded to them. The program calls for a more proactive and collaborative approach to learning where the experience is no longer confined to the classroom and classmates but encompasses the whole school system (Plant, Addysg, and Sgilian, 2010 and HMIE, 2010). There have been several efforts to reform the educational system only to be frustrated later. In this paper, the benefits and challenges of the Key Stage 2 integrated curriculum revisions are discussed and analyzed with evidence from literature. The discussion will include what Key Stage 2 integrated curriculum requires of teachers and how these can translate to a better learning experience and outcomes for the student. Challenges regarding application and appropriateness will also be analyzed to provide a balance and more complete picture of what the Key Stage 2 integrated curriculum revisions has to offer (Plant, Addysg, and Sgilian, 2010). Promotion of Competence thru Individualized Learning Nurturing and individualized teacher-child relationships provide important contexts for the promotion of children's emotional health (Bagdi & Vacca, 2005). In the revised Key Stage 2 integrated curriculum, teachers have opportunities to coach children regarding appropriate responses during peer interactions and classroom activities, and serve as role models of appropriate formation of knowledge and expression of emotions (Hyson, 2004). When teachers organize child-centred classroom environments, they are preparing a climate that is positive and conducive to learning. Finally, as educators create learning communities in which children are valued, children experience psychological safety and security (Keogh, 2003). The Key Stage 2 integrated curriculum offers several benefits as it provides flexibility to teachers in their teaching methods. Previously, teachers have been confined in using scripted teaching programs. As the name implies, there is a script and the teacher follows that script. These scripts determine instruction, not the classroom teacher. The programs even determine the pace of the lessons. Variations in students' learning cannot be factored into the script because that creates a variable that the script cannot predict, so it is left out of the process. The teacher's role is to execute the commercial, scripted program without making adjustments. In other words, teachers are forced to teach word for word the sentences that are printed in the guidebook. The text in these booklets will literally say, "teacher will say" and "student will say." This does not seem the kind of program that could foster and support critical thinking skills in the classroom. If teachers are not providing

Thursday, July 25, 2019

Fordism Essay Example | Topics and Well Written Essays - 1500 words

Fordism - Essay Example Moreover, the essay discusses the strengths and limitations of each form of work process for employers and employees. Lastly, it critically examines whether these theories are relevant to the work in the contemporary organization. Fordism refers to a notion of modern social systems and economic growth. It bases its concept on industrialization and a standard form of production for the sustainability of population growth. It gives emphasizes on the change in working conditions of workers. It is a form of production used in automotive industries to increase production (Fincham and Rhodes 2005, p. 231). It focuses on producing goods at low costs giving its workers' decent wages. For the mass production to occur it uses special purpose machinery. The form of production applied the three principles to enhance the mass production. First, they employed special machines, which operate on an assembly line (Buchanan and Huczynski 2010, p. 121). These machines did not require skilled employees because one employee did one task repeatedly. Second, standardization of products, this is to say that nothing was hand-made. All their products were made using machines (Fincham and Rhodes 2005, p. 121). Third, they focused on the welfare of the workers. The workers were paid high wages so that they can afford the products they made; this was to avoid theft cases. In his principle, Henry Ford the founder of Fordism simplified work-using assembly lines. This is where a worker did a certain task repeatedly. Research shows that, Henry Ford was not the original founder of assembly lines he increased its efficiency. This form of production increased affordability to the average consumer. Increase in wages reduced worker absenteeism increasing the production turnover to 400 percent annually. This form of production encouraged specialization within the organization hence quality in the production of goods. Fordism as a form of work process has different strengths. First, the use of assemb ling lines as a form of production encouraged specialization. This is because one worker did the same task repeatedly hence specialization. Specialization results for quality and quantity production. Thus, the goods produced, were quality thus attracting a wide market (Lister 2010, p.51). This led to more profits on the part of employers. In addition, the high wages given to the workers encouraged them to give quality service. As stated above the production increased by 400 per cent because of the high wages given to employees (Buchanan and Huczynski 2010, p. 121). Theft cases did not occur among the employees because of the high wages and they could afford the goods, which they produced. Even though the work was tedious, the employees had a sense of security for their work because of the presence of the industrial unions, which bargained for their wages. On the other hand, Fordism had its own limitations. This particularly resulted in the onset of development of Post- Fordism by An tonio and Bonanno (Lister 2010, p. 95). They said that this form of production was not efficient because the population had reduced due to the effects of World War II. The goods produced remained that means that the demand had reduced making this form of production ineffective. This form of production was rigid and did not encourage the introduction of new ways of production. With the monotonous work, the workers got bored with time and they stopped providing quality services. Due to

Wednesday, July 24, 2019

Buying Versus Leasing Assignment Example | Topics and Well Written Essays - 2250 words

Buying Versus Leasing - Assignment Example More significantly, capital budgeting is more commonly used in management planning as it gives an outlay of the long-term implication of purchasing or leasing a new car. Therefore, the main aim of the thesis of this paper is to not only evaluate the suitable choice of acquiring cars, but to also analyze the financial and non-financial factors that influence decision making. Executive Summary Investment decisions are based on economical and effective factors that make the purchase of cars more viable as compared to leasing a car. More significantly, application of capital budgeting in deciding on purchases takes into consideration the viable choice after carrying out appraisal based on the expenses related to buying and leasing and their cost respectively. As a result, capital budgeting is more commonly used in management planning as it gives an outlay of the long-term implication of purchasing or leasing a new car (Thomas & Maurice, 2011). More so, considerations should be undertaken based on the provision economic decisions based on interest rates, sources of finances, end of lease fees, loan terms, personal guarantees and operating cash while making decisions on whether to procure or lease a car as related to economical costs. Even though, leasing allows for payments within small intervals it is considerably expense as the payments accumulate over time with no long-term benefit being derived. Definition In the acquisition of new assets, there are two choices based on whether to lease or purchase. More considerably, leasing comes either as operational or capital lease depending on the terms of the contract. In capital leasing, an individual is allowed to finance the maintenance and use of the car while at the end of the agreed lease term take up ownership after undertaking a nominal buy out lease. On the other hand, operational lease allows for renting of the car, and as a result, there is no ownership entitled at the end of the contract as the lease term allo ws for monthly payments (Powell, 2009). Nonetheless, purchases allow for payments to be made at the initial purchase and ownership of the asset is transferred immediately to the buyer. Even though, the leasing of a car seem viable it involves regular payment of the leasing fee as the returns of the vehicle passes back to the initial owner, when the lease term comes to an end as compared to purchases where upon payment of the purchase price legal ownership is issued immediately to the buyer of the car. As a result, there is a significant difference in terms of payments and ownership term in the purchase and leasing of a car. More considerably, to understand about leasing agreements, it is essential to understand about the lessor as the leasing company in which they deal with leasing of cars based on rights that govern the contract (Powell, 2009). While the leaseholder, or lessee is an individual who utilize services of the leasing company through leasing of vehicles. As the lessee us es the vehicle, they make payment based on calculated monthly lease charge this payment made are considered to cover the interest that is charged by the leasing company for services offered. As a result, the leaseholder makes a choice on the type of lease to undertake. If an individual chooses capital lease, it is known as closed-ended lease because the leaseholder does not get a guarantee of

Tuesday, July 23, 2019

International Banking Law Essay Example | Topics and Well Written Essays - 3500 words

International Banking Law - Essay Example [1] This essay shall look into the fictitious situation where an online company selling books is loaning a sum of money from a bank to expand and diversify their online operations. The essay attempts to advise the bank in dealing with the loan situation. The situation has therefore been viewed from the bank's perspective. The essay has been dealt with in two parts. Before any legal advice is given to Spring Bank regarding the type of loan and form of security, it is important to break down the situation. To do this a few concepts have to be cleared. Since giving an overdraft to Winter Ltd. is an option open to Spring Bank, one must consider what an overdraft is and when is an overdraft usually given by a bank. An overdraft is the amount of money that can be overdrawn from a current account, subject to a limit already agreed with the bank. There are certain facilities of an overdraft. With an overdraft, you pay money for the amount of money you use and only for the period you use. For example, an overdraft can be drawn to pay the supplier and within a week the money can be again deposited into the account, after the money comes from the buyers. Overdraft is thus an efficient form of borrowing, usually made to tide over short-term cash-flow fluctuations. Since interest is calculated daily on the fluctuating outstanding balance and is normally ch arged at the end of each month, there is flexibility. [2] [3] [4] However, in the case of Winter Ltd, the company is not looking for money to make some business payment, which cannot be accommodated from the available cash balance in their current account. It is looking for money for business diversification, which requires a permanent source of financing rather than short-term financing. So, Spring Bank should not agree to an overdraft facility but should give a term loan, as advised by their risk committee. Now, that it has been clearly established that Spring Bank will give Winter Ltd. a loan to diversify its business, one has to look at the loan options that the bank can offer the company. The advantages of giving a loan is that both the business and the bank will know the exact terms of repayment and the amount of interest to be paid and when. The Loan Options that the Bank will Consider Let's now consider the various loan options available to the bank. Banks are conservative lending bodies. A bank loan will be available usually against a security. This brings us to a broad categorisation of loans into 'secured' and 'unsecured.' A 'secured loan' is a promise to pay a debt, where the promise is 'secured' by granting the creditor an interest in specific property or collateral of the debtor. In the case where a debtor does not pay the loan in time, the creditor has the right to seize the property that has been kept as collateral, and recoup the loan. Though an 'unsecured loan' also promises to pay the debt, the promise does not include giving the creditor any interest in a particular property. In case of an unsecured loan the lender relies on the fact that the borrower is credit worthy and can be trusted. Particularly for small businesses (though it has not been specifically mentioned that Winter Ltd. is a small business, one can assume such as it is a company

Monday, July 22, 2019

The Code of Silence Essay Example for Free

The Code of Silence Essay The code of silence within minority communities contributes to more violence and crime.The code of silence runs so deep that many blacks, who snitch, morally struggle with their decisions. No-snitching culture is engrained into our everyday life in these communities through music, television, and personal relationships. Not snitching on criminals and a violent act can lead into injustice for the victims and unsafe environment. The code of silence can and will affect individuals, families, and communities if it doesn’t be broken. Crime and violence will never seem to cease if they won’t break the code of silence because the violators will not be rightfully serve. When we are silent, as opposed to assisting with arresting the criminals, it perpetuates the situation. They are not caught, and feel invincible, which allows them to rein terror in our communities!! The earliest experience with injustice I have had was the murder Of Terrell Banks, a family member of mines. The injustice comes in the fact that his murder has gone unsolved for two years, due to the fact that witnesses have refused to come forward because of the ‘no snitching,’ ‘in the hood. The code of silence enables people to commit crimes with no regard of getting caught. The case is more solid with a witness, therefore the State will ask for more time. There is less of a chance of a plea if caught when the State has a solid witness. In a society with lack of morals as we live, the best deterrent to crime is the removal of freedom. If an offender feels they can get away with minimum time, they are more likely to commit that crime. The code of silence works not out of fear, but because of lack of trust in the police. First, some community members fear that the police cannot protect them from retaliation; second, some believe a blue wall of silence exists in police departments, and that it is hypocritical to ask citizens to snitch on each other when officers will not do the same. there were is routine to relocate witnesses, but is not option because victims or witnesses have extended families they do not wish to leave behind because they become targets of retaliation. If the governing officials straighten out the system and build trust and the code will disappear. Individuals’ personal safety is a stake and when it’s public known that you have snitch, that’s when you are ridicule and have the fear of being hurt. In conclusion, the code of silence within minority communities contributes to more violence and crime. The code of silence can and will affect individuals, families, and  communities if it doesn’t be broken. Crime and violence will never seem to cease if they won’t break the code of silence because the violators will not be rightfully serve.

The ancient civilizations of Egypt and China Essay Example for Free

The ancient civilizations of Egypt and China Essay The ancient civilizations of Egypt and China were very similar in many different aspects. Their governments and their geography were extremely alike and the religions of the two civilizations had only tiny differences. The early Egyptians also had the same concept of writing as the Chinese people who lived across the continent from them. Suprisingly, these two ancient civilizations that existed very far away from each other show a enormous amount of similarities in almost every area. The government of Ancient Egypt was headed by a king (in the New kingdom, the king assumed the name pharaoh) with absolute power. Different dynasties, or a line of rulers from the same family, would rule Egypt. Each ruler was considered to be a god whose orders were undisputable. However, the government was not only a monarchy; it was a theocracy. The king would perform religious rituals to help the harvest because this would ensure prosperity in Egypt. Likewise, the Chinese government also consisted of an emperor that would belong to a dynasty. Like in Egypt, a dynasty could rule until it would be eventually overthrown. The Chinese kings would also perform religious duties; they prayed, sacrificed, gave offerings and used oracle bones to call upon their ancestors. Both the Chinese and the Egyptian governments had similar structure and duties. If one took a look at China and Egypts geography, one would notice that they are quite similar. The natural barriers of the two civilizations are akin to each other. China has the Pacific Ocean and the Bay of Bengal to protect it from an attack on land. Equally, Egypt has the Mediterranean Sea and the Red Sea as an effective natural barrier against non-naval attacks. Also, deserts protect the two civilizations. While Egypt has the Libyan and Nubian Deserts, China is equipped with the Gobi Desert. Both China and Egypt have huge rivers located in them. While Egypts pride, the Nile River, is a huge producer of food and life, China has three major rivers, the Huang He, the Chang Jiang, and the Xi Jiang. The ancient Chinese and the ancient Egyptians were both polytheistic, which caused them to be very similar. The Egyptians believed that the gods were usually part human and part animal each gods each played a different role.  There were a few main gods that everybody worshipped and there were also local gods for different regions of Egypt. Egyptians also believed in a happy afterlife for everybody, in which you could only take along things you were buried with to your afterlife. The early Chinese peoples also believed in many deities and they thought that if they made sacrifices and offerings to their gods, then they would be rewarded. There were gods for everything, like in the Egyptian religion; each god would represent something. The ancient civilizations of Egypt and China were very similar. The government in both places was similarly set up and the geography of China was very much alike to the geography of Egypt. Religion was also a common trait of these two civilizations. Strangely, considering these two cultures developed isolated from each other, they share a lot of common traits.

Sunday, July 21, 2019

Impact of Foreign Aid on Economic Development in Pakistan

Impact of Foreign Aid on Economic Development in Pakistan Impact of Foreign Aid on Economic Development in Pakistan explains that Pakistan is getting into a steady wave of debt burden. It is the International Monetary Funds in general and United States, Great Britain, Japan etc in particular which Pakistan uses as a main source of taking Debt. IMF alone has given more than 11 Billion US Dollars to Pakistan as debt. The researcher has narrowed down the wide topic into two main variables. First one being the Debt burden and other one explained as Economic growth in terms of Gross Domestic Products growth. The researcher argues that there are many reasons that make a country rely on foreign aid and debts. First reason is more of a political reason and the terms and conditions attached to the foreign aid, which in general are beneficial for the country taking it in a shorter term perspective. The other main reason is associated with the composition and the break up of external aid to loans in hard form. With the passage of time, there is a shi ft from providing grants to any Underdeveloped or friendly country to aid, which is further associated with interest payments and principal payback. The world today is facing a paradigm shift in terms of equipping someone with capital, from friendliness to enmity in the form of heavy interest re-payments. It was also concluded that there are many sides of the external debt and the way it interacts to solves the basic economic problems of a country. External aid brings positive as well as negative results in the long term aspects. Foreign aid no matter brings a positive up thrust in the Gross Domestic Product of a country in short term, as it boosts up agriculture, Informational Technology, Education, Health services etc. But in many cases the long run results are much difficult to handle. The major draw back seen of heavy external debt is the Balance of Payment Deficits. This deficit in Balance of Payments is covered by the allocated funds of the Social Sector development. The rese archer also explains about the policy matters which are the most important part in handling the external debt and its servicing. Proper and effective policies are to be made in order to retire the aid taken for better implementation of the policies, which in return will ensure the effectiveness of aid taken by the country and all the problems linked to mis utilization and mis management of the resources taken from external resources. Amakom Uzochukwu S. in his Research paper Nigeria Public Debt and Economic Growth: An Empirical Assessment of Effects on Poverty argues that there should be external debt to be raised by Under developed countries like Nigeria in Africa but there should be a limit attached to every country which should define to what extent the debt is to be raised. This limit is definitely be calculated and research watching all the financial indicators of past and futuristic look on the same indicators should also be given some weight. He also suggest that if proper weight is not given to the financial indicators of the country, it will in the end cause supplementary in-debtness of the International Monetary Funds and other sources of debt to be taken. He explains that the Public debt of Nigeria is slightly more than 75% of the total Gross Domestic Product of Nigeria. This is a very big number in absolute terms and according to the International Monetary Funds and The World Bank, Nigerian Effective debt to export ratio is also more than 200 percent with a total debt accounted for approximately 28.5 Billion US Dollars by 2002. This figure is not alone as it is also associated with the debt retirement of 3.3 Billion US Dollars in 2002 and 5.3 Billion US Dollars in 2003. The situations in Nigerian on financial aspects are much worse. There is immense poverty in the country where Gross Domestic Product growth rate is stagnant over the years, where the intake of debts from IMF and other domestic source has been shooting up randomly. Income per Capita is far-off from the total figures of debt that has been taken by the country. The researcher in his research paper has applied the crash of public debt and growth on poverty using the per capita income approach where he majorly focused on public debt the country is raising and the way it is creating more problems or solutions for alleviating poverty from the country. The end results of the research also showed the impact of loans taken from internal as well as International Monetary Funds on the economic and poverty structure of Nigeria. It was concluded that poverty in Nigeria is growth and debt elastic, as there is enormous poverty spread through out the country and the total accounted figure for debt is around 28 Billion US Dollars. There were multiple factors which were accounted fro in the case of Nigeria including population, domestic and external debt figures, employment rate, school enrolment rates, Balance of Account and terms of trade which are directly linked with the Economic growth of the country. James Njeru in his Research, The impact of foreign aid on public expenditure explains that for many of the Sub Sharan countries, taking economic aid from International Monetary Funds and The World Bank constitutes as an important participation for the sake of running economical as well as political structures of the country. In most of the African countries like Kenya, almost all the financial indicators are not in a good health. They all share relatively same narrow tax base, low on export side and large deficits in Balance of Payment Accounts. Saving of the people is also negligible since poverty head count is much on a higher side. The paper majorly focus on the response of the Kenyas Government in terms of its expenditure when experiencing massive aid cut from IMF and internal malfunctioning of public debts. The research showed that the spending outline of the government gets changed when this is an inflow of economic aid from International Monetary funds of debt is raised from internal resources. On the other hands, it was really difficult for Kenya in short term to deal with the effects of the aid freeze which were much influential in ordinary days supporting fiscal structure of the country. Fiscal measures were not capable sufficient to offset the change and started facing a downfall in no time. It was also concluded that the rise seen in the Kenyan domestic debt was always attributed to the persistent fiscal gap present in the country which caused suspension of the load payment by International Monetary Funds in 1991. This caused real problem for Kenyas economy as to overcome the fiscal deficit, the recipient country in result of getting suspended by loans has to look for many other new options, like raising the normal and corporate tax rate, increase domestic borrowing from the central bank as well as other commercial banks, having a massive cut in development and social development expenditure and printing more money which causes inflation and employ ment in the country. The mentioned problems were a major threat to the Kenyas economy, which it had face in terms of the crowding out effect in investment and added to the domestic debt. The situation got further difficult when Kenyan economy faced major expenditure cuts in governments cutting in social development sector and unemployment after having sky high inflation. Over reliance on external debt, particularly from International Monetary Funds made financial matter more critical for Kenyas economy and the effects of 90s is still faced by it. Michael Atingi-Ego in his report Budget Support, aid dependency and Dutch Disease argues that Ugandas economy is another difficult economy which has been facing sever challenges and threats in successfully running and implementing financial system of the country. It was due to the mere support of many countries on bi lateral and multi lateral country which supported Ugandas economy from crashing many times in history. Presence of International Monetary Funds in Ugandas economny is another problem since the country is not capable of abiding by the rules and regulations put by International Monetary Funds on it. It was until Financial year 1999, Support inflows to Uganda were comparatively small than the newer ones, constituting 200 Million US Dollar on annual basis. It was the help of numerous donors which in terms of grants or debt gave cushion to Ugandas economy many times and helped to decrease its fiscal and monetary deficits. Uganda is another African country where unemployment , low tax base, inflation, less saving by the public and high balance of payment accounts are seen over the time with no proper source of revenue excluding contacting International Monetary Funds for raising external assistance. For the sake of supporting budget deficits till FY 1996, loans from other countries in Uganda does the major source constitute 56%. Grants taken by donor countries also constituted to 73% moderately support the uptrend of Ugandas external debt and financial sustainability of the country. Ugandas government has also put ceiling on taking aid which can be taken in the form of loans and grants. In adding up to the upper limit and the suggested ceiling, it is always to evaluate that both domestic revenues and grants are insufficient to finance the national budget that government has skinny and less loans that are highly concessional. As a multi lateral donor, World Bank has also taking part in Ugandas fiscal deficit financing giving 225 Million US Dollars by 20 01, International Monetary Funds being 53 Million US Dollars. The research shows that Uganda is heavily laid on the mercy of budget support which is on an average more than 50 percent of its total expenditure. These measures have created inflationary and unemployment in the country which the country is trying to control on, but the over all situation is so much aid dependent, exchange rate and interest rates are out of the reach of Government to control them and bring positive financial changes in the country. Bazoumana Ouattara in his Research paper Foreign Aid, Public Savings Displacement, and Aid Dependency in Cote dIvoire explains that the economic effectiveness in any developing country is an important issue which is dependent upon the policies which are formulated in terms of raising aid from any of the external sources present in the world in the time of financial deficit. Right now, the donor countries and agencies are also inclined to issue loans to such countries which have effective and efficient economical structure, which has the muscle to return back the loan well in time with healthy interest payments. Governments workings and efforts in increasing the tax base and consuming on a lower side explains the good financial environment in any country. Public savings are another factor which has not been addressed directly which is another important concern when looking on the over all financial deficits and issuing external debt. In countries having huge public saving gaps, it i s much important to look as on the issues such are over dependency on external aid from International Monetary Funds and The World Bank, which are the most important factors if the relationship is to be gauged between taking aid and the economic growth of the country. If the public saving gap is reduced, the dependence for external debt even on the internal sources of debt will be minimum in order to finance the fiscal deficits in ant country. This brings macro economic stability and a self sustainable growth with long term dependence on external sources of Financing as International Monetary Funds. In the case of CÃ ´te dIvoire during the period of 1975 to 1999, it was observed that the wide gap of domestic saving caused another wide gap in monetary gaps in the country which are to be addressed immediately by contacting International Monetary Funds and other sources of International and Domestic sources of funding the gap. It was also concluded that aid dependence of CÃ ´te dIvo ire increased with an increase in Financial Program aids into the financial system, where as Technical Assistance grants and Food Aid Programs helped to reduce the aid dependence. Nevertheless, CÃ ´te dIvoire faced massive challenges and is still facing many financial threats which it has to face in terms of heavy interest payments as well as other imposing clauses made by the donors. Bazoumana Ouattara in his Research paper Disaggregating the Aid and Growth Relationship explains that foreign aid and debt there is a mystery which has not been solved by any Under developed country regarding its usage and encouraging economic growth in the country. Many of the researches by Papaneck any many other concluded the relationship between aid dependence on external source and growth to be open to doubts and questionable. But the recent researches by Burnside and Dollar claims that external aid is a way which can bring fiscal and monetary muscle in the economy and also helps to promote the trade policies of the country. Again the researcher argues that there are numerous bodies which are present through out the world giving loans and debts to less developed countries where they get into their trap when they have to take further money to pay back the previous one. So, there should be some policy which should elaborate some financial indicators which explains the solid financ ial policy atmosphere. In the research, it was concluded that the aid incomings into the countries which are already facing financial problems in their structure so get a positive response by the financial structure and it sponsors growth and financial augmentation but there are many other factors which are to be accounted for in order to create a healthy balance in taking loans and dealing with financial or fiscal deficits with in the country. Role of International Monetary Funds, according to the researcher, is the most important yet crucial one to discuss. They sanction aid to the less developed countries which have to stand for the monetary rules and regulations framed by IMP consultants. As a matter of fact, a country asks for monetary help since the internal situation on financial side is facing a serious ailment. Due to the new policies being compelled to that country, it always bring about further confusion and disorders in terms of inflation, unemployment, heavy debt piles , low tax generation, and most of the time its comes with massive political instability in the country, which further worsen the over all financial conditions of deficit edge. The research was mainly focused on the policy making which should be drafted with a lot of care and having a revolutionary thinking in order to eliminate the dependence of borrowed resource, interest payments with plod of principal payments and a lot of harass for the next generations of any particular country. Pakistans Economic Crisis and the IMF Bailout Package explains the significance of the International Monetary Fund that has already approved a bailout package of $7.6 Billion in order to help Pakistan avert from getting a default on its repute as far as the external debt is in question. Various meetings have been conducted in which IMF put is condationalities and imposments inorder to make a mechanism to get back the sum of many it lends to the country. Immediate pacts were agreed in providing an immediate $3.1 Billion sum to reinforce the countrys speedy weakening foreign exchange treasury. The ultimate goal of the arrangements to in ensure socio-economic firmness and re-establish investor assurance in Pakistan by looking keenly on the macro-economic unevenness and problems in the country. At the same time it also sends a message to the outer world that Pakistan has lost much in the war on terror and needs money in order to gain its original status of early 2000s. The country needed around $20 billion in order to prevent itself falling in the default list of Balance of Payment. Initially Pakistan was always reluctant to ask for help from the IMF due to their tough conditions on the subsidies and developmental expenditures but it was the last resort as Plan A and B did not work form the multilateral institutions and friendly countries. Going to the IMF was the need in time as there is a huge and persistent Balance of Payment and secondly, there is tax-to-GDP ratio sticking below 1o percent which is more than 17% in many of the developing countries. Furthermore there are sky high capital budget followed by public debt remaining as high as 55 percent of GDP. The arrangements made by The international Monetary funds if turns into a successful venture, it will help Pakistan in general to gather the goals and objectives in the field of fiscal and monetary deficit to some degree, mainly the phasing out of financial backing to the poor people from the government in th e form of subsidies and developmental budget. All this will help the Finance ministry to increase the revenue base of the government as reforms in tax administration will be there which will be causing 1% increment in the GST from fifteen to sixteen percent implemented in the FY2009 budget) will assist lift tax-to-GDP ratio. In the medium-term, the government will have to go for numerous steps such as eliminating exclusion in GST and the income tax and imposing Agriculture tax. A Comprehensive U.S. Policy to Pakistan states the mismanagement of Pakistans case by the Americans authority in monetary terms. It explains the current economic misery being faced by Pakistan due to its involvement in the War on Terror and other problems like political instability and terrorism. It explains that USA has put millions of Dollars in to Afghanistan and Iraq but Pakistan is the ally and much more important to the American objectives in Asia. Americas assistance to Pakistan is not up to the mark and there is growing anger of the people of Pakistan in the current democratic government and The US. Even the massive Kerry-Lugar bill was rejected by the people of Pakistan on the same grounds. There come the IMF, where Pakistan could go to. The irony of the situation is in the presence of USA, Pakistan still has to goto the IMF where it is always clear that there will be more problems coming up in the country due to the hard rules and regulations imposed by IMF. Thus there is a n immediate need that should be showed by USA in consultation with International Financial Institutions and other donors which should also take their part in providing Pakistan with significant balance of payments and budgetary support designed to prevent financial collapse and to alleviate the immediate humanitarian effects of high food and energy prices. Funds obtained from The International Monetary Funds are catered in the budgetary financing and is to be included in the respective fiscal year. On the other hand, Total Public Debt (TPD) includes domestic debt payable in Pak Rupee as well as the short, medium and long term Public Debt portion of External Debt Liabilities (expressed in Rupee term). Internal debt of Pakistan is also not showing a good picture. It is increasing day-by-day. Total Public Debt (TPD) showed a growth of 12.2 percent during the first nine months of the current fiscal year and reached Rs. 8,160 billion at the end of March 2010. Pakistans government takes again internal and external debts to service back the public deb. As far as the internal debt is concerned, government do have some grip on it but the moment the external debt comes in it, government loses its grip on the grip. In spite of the risks of extreme dependence on domestic debt, it is significant in nature to observe that government debts through l ocal aspects is fundamental in motivating investment and personal savings, as well as intensification of native financial markets, since it provides deepness and liquidity; the important aspect to run the business. The outstanding amount of IMF debt now stands at $ 7.2 billion where it was just $ 5.1 billion at the end of FY09, which shows an increment of 40 percent. Moreover, the IMF authorities have agreed to make it $11 Billion. Out of this unpaid sum; approximately US$ 1100 M is kept for the use of budgetary deficit, where the remaining should be used on the negative Balance of payment. The latest installment of approximately US$ 1.13 Billion was received on May 19, 2010.

Saturday, July 20, 2019

Progressivism on a National Level :: essays research papers

Reform of corrupt businesses and government first drew attention at local and state levels. Big businesses in the late 1800s preferred profit over patriotism, credit over honor, individual gain over national prosperity, and trade and dickering over principles. It was not until 1901, when Theodore Roosevelt became president, that progressivism was brought to the national level. During Roosevelt’s presidency, he would push reform as much as possible by strengthening the power of the federal government. The Sherman Antitrust Act of 1890 was an early attempt to try to control abuses by large combinations of businesses called trusts. The Act was weakened by the Supreme Court used against labor unions rather than against monopolies. Roosevelt’s first push for reform on the national level began with a secret antitrust investigation of the J. P. Morgan’s Northern Securities Company whom monopolized railroad traffic. After successfully using his powers in government to control businesses, Roosevelt used the Sherman Antitrust Act against forty-three â€Å"bad† trusts that broke the law and left the â€Å"good† trusts alone. When united mine workers went on strike demanding less hours, more money, and recognition as a union, the price of coal went from $2.50 to $6.00 a ton. With the nation’s high dependence on coal during the winter, Roosevelt arranged a meeting with representatives from both sides to meet. He threatened to seize the mines and run them with federal troops and eventually settled it by giving them a reduction in the workday and wage increases, but no recognition as a union. Another Act that expanded the federal government’s power included the Elkins Act which outlawed railroad rebates and created the Department of Commerce and Labor to act as a corporate watchdog. The Interstate Commerce Commission (ICC) was created in 1887 to regulate railroads but was never given real power to set rates and prevent discriminatory practices. To increase the power of the ICC, Roosevelt passed the Hepburn Act of 1906, and for the first time, a government commission could investigate private business records and set rates. When Upton Sinclair’s novel The Jungle was published, reformers took another look at the meatpacking industry. The novel’s startling accounts of filthy conditions in the meatpacking plants resulted in the passing of the Pure Food and Drug Act and a Meat Inspection Act.

Writing Project: Technology :: Technological History Essays

Writing Project: Technology Technology as a term can be very difficult to use as a criteria for categorizing the action of writing. To be certain, the line that has to be drawn in this situation appears blurred at best, to most people. The argument of whether or not writing is or isn’t technology, or whether writing is or isn’t a natural endeavor for humans, can and will be deeply investigated. Writing has been established as a process of placing collected and possibly organized thoughts onto some sort of platform with a set system of figures or characters that can ideally be read and understood by other people. Technology has become the idea that contains all of those actions that humans take to produce articles or affairs that are not completely natural. Natural objects, entities, or actions, are defined as what humans do, or what occurs in the world, without human fabrication. To look at these concepts with the idea of human evolution close at hand, complicates matters greatly and forces far too many mere assumptions for a concise argument, so the idea here is to look at what humans would do in an isolated environment on their own, and what they do at present in a world where information is not only available, but forcefully pushed into the lives of the world’s people. For instance, talking is technology; in the case of humans at some point in evolution being speechless, and then later basically inventing the enterprise of speech. But talking is natural in the situation of children growing up anywhere in the world today and learning how to talk without any instruction. Of course the rather interesting argument could be made, that those organisms evolving into humans who had not acquired speech yet, were not really humans; in any case, humans will now be those modern people who have already spoken, or those modern humans that live in a world after humanity’s acquisition of speech. The project at hand was an experiment in technology, and also an experiment in writing. The objective was to take a course of action that would create writing, however, none of the â€Å"regular† or â€Å"conventional† systems of writing could be used, and notice needed to be made pertaining to what was natural, and what was not natural.

Friday, July 19, 2019

BMW Essay -- essays research papers

BMW and Audi, two German automobile manufacturers, have a reputation for making some of the best cars in the industry. Not only are both companies superior in their production, but their financial statements also indicate stability and efficiency. Looking at financial ratios, we will compare both companies on a basis of management efficiency and debt status. As a bank analyst, we will make a recommendation as to which company would be better to approve a loan for. A recommendation will also be made regarding management effectiveness and which company would make a better investment. BMW has captured the attention of automobile drivers from all around the world with their â€Å"Ultimate Driving Machine.† The BMW Company was originally established in Germany and has extended nationally reaching over 12 countries. With Germany and the United States being the top two target countries, BMW has established their products as a combination of luxury, safety, and comfort with product lines to suit all styles of living. Revenues have been increasing each year since before 1996 with profits coming from product line of automobiles and motorcycles. In 2001, BMW came out with a new product group, the Mini. The Mini also contributed to the revenue increase in 2001. BMW has current developments in their sports cars, the Z8. BMW has created a trustworthy name for the automobiles they produce and has all the potential to continue their success in the future. Audi, one of Germany’s first automobile producers, has been designing and building cars since August Horch, its founder, completed his first car in 1901. Over the years following, a series of innovations and mergers have led Audi to the position it is in today. Audi’s subsidiaries include companies to facilitate international operations, part manufacturers, a vehicle customization company, a technology research company, and Lamborghini Corp, a successful sports car manufacturer. Audi’s current developments include its holding the EU Seal of Environmental Protection, and a number of technological advancements, including new car designs and a â€Å"seeing car† technology that has been nominated for the German Future award for Technology and Innovation.   Ã‚  Ã‚  Ã‚  Ã‚  BMW  Ã‚  Ã‚  Ã‚  Ã‚  Audi Profitability Ratios  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Return on Equity  ... ...reflects this. This again shows BMW’s less efficient cost management than Audi. Through Dupont analysis, we have been able to see the specific strengths and weaknesses of BMW and Audi’s management. BMW’s lower profit margin and asset turnover indicate less efficient cost management and asset management. Their debt multiplier indicates that they’re taking advantage of debt, but the benefit of this isn’t realized because of their problems with cost and asset management. Due to Audi’s more efficient use of their assets, and better cost efficiency, it can be said that their management has performed better than BMW’s over the past year. BMW and Audi both build cars that have a reputation for security, reliability and quality. These traits transcend into their financial statements, making both of them a good investment due to their debt status, and management effectiveness. Our recommendation as a bank loan analyst would be for BMW due to its superior liquidity and low risk. When evaluating management performance for equity investment, Audi is clearly a better investment. This is primarily due to its superior asset management, debt allocation, and inventory management.

Thursday, July 18, 2019

Automobile and Roll Cage Analysis Essay

Efficycle 2012 is a national level technical event, whose objective is to bring out the creative and innovative ideas of Engineering students. It aims out at creating a vehicle which is economical and eco-friendly. It also provides us a platform where we are applying the basic engineering skills we had learned. Our task is to design and build a three wheeled vehicle, powered by human and electrical means. The design should be commercially viable as a product and should be attractive to the consumers. It can be driven either alternatively or simultaneously by both mechanical and electrical means. This report details the considerations and processes behind our all-terrain vehicle. INTRODUCTION EFFI-CYCLE 2012 is an intercollegiate design competition for undergraduate students which are aimed at designing and fabricating an energy efficient hybrid human powered three? wheeled electric vehicle. It provides us an opportunity by setting up a trend of using eco? friendly vehicles in India and come up with some innovative designs. We, GREEN RHINOS, consists of 8 undergraduate 3rd year students from Mechanical and Production department of Government College of Technology, Tamil Nadu. The team was keen on utilizing the platform to learn, innovate and implement. The following paper outlines the design and analysis of the Efficycle 2012 – Green Rhinos three wheeled vehicle. DESIGN METHODOLOGY: The designing of the vehicle has been carried after studying the various designs of the fore-mentioned trikes, followed by its advantages and disadvantages. All the design issues were studied and an attempt has been made tosolve them in the present design. Then, the design is subjected to various load conditions at the sides and front with finite element analysis using ANSYS. It was also made sure that the components used where readily available so that without a major modification, we can use it in the manufacturing process. SOFTWARE USED: ?Designing and Assembly of the vehicle:Solidworks-2012 ?Roll cage analysis: ANSYS TECHNICAL SPECIFICATIONS: ?Frame: IS1239 MS 1’ inch rod ?Welding type: MIG ?Bending: Mechanical type bending ?Brake: Hub brake and Rim brake ?Steering: Rack and Pinion ?Motor: 0. 5 HP , 24V PMDC ?Battery: 12V, 35 am-hr ?Suspension: Spring-arm suspension type ?Drive train: Sprockets and chain ?Controller unit: PWM unit ?Tyres: Cycle tyre 28 inch diameter? SALIENT FEATURES ?Individual suspension system to the front two wheels. ?Rack and pinion steering system. ?IS1239 MS frame ?Seating position – enabling complete view to both drivers. DESIGN SYSTEM The design section is classified as follows: 1. Roll cage design and analysis 2. Drivetrain 3. Steering 4. Suspension 5. Tires 6. Brakes 7. Wheel Assembly 8. Aerodynamics ROLL CAGE DESIGN: ?Roll Cage Model Using Solidworks: Roll cage provides three dimensional stability and safety to the drivers. The roll cage was designed with utmost care to reduce the weight without compromising the safety of driver. The rules for designing the roll cage were carefully revived and the design was made in such a way that each and every member falls within the rules. The material for the rollcage is chosen as IS1239 mild-steel after considering various materials in terms of material strength, its availability and cost. Table showing the list of various available materials: MATERIALYIELD STRENGTH (KSI)MODULUS OF ELASTICITY (KSI)COST PER METER (RS) AISI 101853. 729700600 AISI 102042. 7297002200 IS 123959. 1229700150 AISI 413065. 1297002500 Of all the available materials, the chosen one is IS 1239 MS pipe because of its weight and cost. It weighs around 0. 8 kg per m. Moreover, we had chosen seamless tube manufactured by drawing process, owing to its high strength rather than the pipe manufactured by rolling process. ?Roll cage analysis using ANSYS: Roll cagewas analyzed in the ANSYS software. Cage was analyzed at each and every stage and the extra members were provided in order to reduce the stress concentration. The roll cage is initially meshed and the nodes are found. Final design is tested at 2000N in case of front and side impact which is very sufficient to ensure safety. The cage also passed all other tests and had a good factor of safety. The stress diagrams are given below. Analysis Results: Type of TestForce appliedResult Front impact2000Passed Side impact2000. Passed Roll over2000Passed DRIVETRAIN: The drive transmission is facilitated with the help of chains and sprockets. It is a rear wheel drive vehicle. The transmission is alternatively or simultaneously driven by motor or manual pedaling. Manual drive type: The drive train plays a major key role in every vehicle. In our vehicle, we had used the pedaling system found in boats which is simply attached to the frame with the help of bearings on both sides. At the centre of the crank, a sprocket of 48 teeth had been fitted which is directly connected to the left freewheel, (where threading is done manually) of the rear tyre, providing a simple transmission system as found in ordinary cycles. Electrical drive type: The simpler the electrical drive is, the simpler the manufacturing process goes on. A 0. 5 hp motor mounted under the right side of the seat is connected to the right freewheel of the rear tyre. It is connected with the help of cycles chains and sprockets. Three reduction has been given to the motor. Under the left seat, four 12 v 35 am-hr batteries has mounted and connected in series to provide power to the motor. Further, a PWM circuit controller mode has been installed to the system, so that a efficient way of control is provided with the least losses. STEERING SYSTEM: The main objectives of the steering system are to provide the driver with an accurate, predictable, and reliable method for navigating a vehicle over rough terrain. A small turning radius provides the driver with a responsive and controllable ride. The rack and pinion system is a proven method of steering that is direct and reliable. In addition, the steering system does not interfere with the suspension, allowing for optimal negotiation of off-road conditions. SUPENSION Suspension is the term given to the system of springs, shock absorbers and linkages that connects a vehicle to its wheels. It is the critical part of an automobile which absorbs shocks and vibrations and gives smooth ride. It also control the force transmitted by sprung and unsprung mass. Therefore it becomes important to have very good design of suspension system based on non-linear parameters and design variables. As concerned with our three wheeled vehicle, a spring arm suspension system has been used. Spring arm type shock absorbers are so easily available and has good shock absorbing characterisitics. It is connected directly to the wheels and the frame, providing a jerk-less driving. TYRES: Selecting the tires is one of the most important things as the whole vehicle is in contact with the road on these points. Tyres provide the required traction for the vehicle. We had chosen ordinary three-wheeler tyres and made a modifications over the tyres replacing the central hub of the wheel. Front and back tires Diameter28 inches Width2 inches HUB: BRAKES: Brakes are the frictional devices used to retard the motion of the vehicle. It converts the kinetic energy of the vehicle into heat energy. According to the EFFICYCLE 2012 rules, all the wheels should be locked when braking is applied. While designing the brake system, simplicity was given prime importance and itwas decided to use hub brakes for the front two tyres that are attached over the hub assembly. Then for the rear wheel, rim brake has been given. SEATING ARRANGEMENT: Two seats are arranged parallel aside one another so that the complete view of the roads are clearly visible to both the drivers. Seats have been so arranged so that it provides a good back support. The seats are good designed and readily available in the market. AERODYNAMICS: The shape of the vehicle so designed is such that the aerodynamic mechanism would work better. Fairings had been added to enrich the look and style of the vehicle. ASSEMBLED VIEW OF OUR DESIGN: SUMMARIZED COST REPORT: S. NOSYSTEMCOST 1ROLL CAGE2800 2STEERING5800 3SUSPENSION1000 4DRIVE TRAIN20000 5WHEELS3500 6BRAKES800 7OTHERS2000 TOTAL37000 PROJECT PLAN: Sl noDateDescription 14-8-12 to 8-8-12 Discussion about the efficycle and analysing about the problems on the fabrication of our model and making plan and scheduling according to the problem. 29-8-12 To 16-8-12 Selection of the material 317-8-12 To 20-8-12Market research 527-8-12 To 4-9-12 Fabrication of Roll cage 65-9-12 To 10-9-12Steering, suspension and wheel work 711-9-12 To 20-9-12 Drive chain work 825-9-12 To 27-9-12 Electronic work on motor, battery and controller unit. CONCLUSION: Our cycle has been designed so that it meets all the needs of the consumers. The roll cage has been designed completely for the safety factor and it provides ultimated safety for the riders. Efficient braking system had been installed. Simple steering system.

Wednesday, July 17, 2019

Darwinism vs. Creationism

The Battle of Creationism verses Darwinism Jessica S. Murphy Ameri goat troops University Abstract This paper includes the explanation and news report of Darwinism and basic principles of immanent Selection. It will sell different aspects of Creationism. This paper will translate the differences between Darwinism, and Creationism and discuss recent royal court strifes within the United States between the two theories. The Battle of Creationism verses Darwinism The dubiety, Whither did humans come from? has plagued the institution for as long as humanly recorded.There are legion(predicate) theories that are believed to upshot this question. Two of the most controversial theories are Darwinism, and creationism. Throughout the years both creationist and phylogenesisist yield worked to disprove the former(a)s speculation. The battle between creationism and Darwinism back too be categorized as the battle between knowledge and religion. though both have been generally recognized around the world, the fight continues between both theories due to their differences. Charles Darwins The phone line of Species was promulgated in 1859. The earmark was active Natural Selection, and ultimately the developing of species. His theory presumes that conduct can begin a non-life cosmea and stresses descent with modification. This means, creatures or beings can evolve from more simplistic creatures or organisms over time. Basically, irregular genetic transformations fox for place inside an organisms genetic code. The worthful transformations, or mutations are saved within the organism because the help with survival. This process is know as natural selection. The valuable mutations fire on to the next generation of the species, organism or creature. Over time, the valuable transformation of the original specie builds up. This eventually results as a completely different species, or organism. Darwin is credited with this information largely in pa rt because of a study through with(p) while he was in the Galapagos Islands. He learned that it was home to species that could not be found in any other separate of the world. Darwin noticed that some birds on the island were different than others ground on what island they inhabited.He collect thirteen different species of finches to observe differences with their card size. He realized that their differences were because of the need for the species to conk in different environments. The sizes of their beaks had alterationd to allow them to name enough food in the parts of the islands they inhabited so that they may survive. This was verify with extensive research at the determination of the twentieth century. From the time that Charles Darwin published On the Origin of Species in 1859 on up to the present the presumptions of many wad conduct them to misread the title.They assumed that it was On the Origin of the Species. The implication of inadvertently adding the is tha t his book was nigh human evolution. In fact, that was not the case, though it had implications for human evolution. It focused on non-human animals and the mechanisms of evolution. He did not pointedly address the question of human evolution until the publication of his 1871 book Descent of Man and Selection in Relation to Sex. This set the footfall for future evolutionist all around the world.Charles Darwin theory of natural selection, and evolution threatened many Christians and what they believed to be as Creationism. The theory of evolution gives human the idea that the universe is here by chance and takes away hope and purpose. Creationism is the concept that we were created as we are straight off by God, or a compulsory Being mainly due the chronicle of Genesis. Many believe that account of creation listed in Genesis is to be taken literally. There are three types of creationism aged(prenominal) earth creationism, young Earth creationism and natural mop up creation ism.In old earth creationism, people believe that Genesis six twenty-four min period account of creation stretches the time broom out to believe scientific evidence. puppylike earth creationism believe the six years are actually twenty-four hour time periods, and that God suspended the practice of laws of skill and designed each species specifically. Intelligent design Creationist focus less on proving creationism and more on rejecting evolution and redefining science to make it more compatible with their version of Christianity.The archetypal court case between evolution and creationism in America was the so-called Scopes putter Trial of 1925. The court case was about an enforcement of a Tennessee statute that prohibited teachers from victimization theories of evolution in public school. This discharge included Clarence Darrow battling with three-time presidential candidate William Jennings Bryan. unfortunately it did not resolve the question of whether the start Amend ment permitted states to ban teaching of a theory that contradicted religious beliefs.This set the stage for onset trials and the battle of evolution and religion in American judicatorys everywhere. It wasnt until 1968 did the Supreme Court rule in Epperson vs. Arkansas that such(prenominal) bans contravene the Establishment Clause because their first purpose is religious. The Court used the alike(p) rationale in 1987 in Edwards vs Aguillard to happen upon down a Louisiana law that required biology teachers who taught the theory of evolution to also discuss evidence backing the theory called creation science. The controversy continues in new forms today.In 1999, the Kansas room of Education voted to exact evolution from the list of subjects tested on state standardized tests, in consequence encouraging local school boards to consider dropping or de-emphasizing evolution. In 2000, Kansas voters responded to the proposed change by throwing out enough anti-evolution Board mem bers to restore the old science standards, just now by 2004 a new standpat(prenominal) school board majority was proposing that reasoning(a) design be discussed in science classes. In 2006, the Kansas tug-of-war continued, with pro-evolution moderates again retaking hear of the Board.Charles Darwin had no idea his theories or studies of finches in the Galapagos Islands would be the beginning of a battle that would go on until the end of the world. As science continues to evolve, so does Darwins legacy as scientist build off of his theory. Creationist also continues to fight against Darwinism as science evolves. However, based on a recent exsert Poll in 2012, forty-six percent of Americans accept creationist explanation for human existence which is up two percent since 1982. moreover thirty-two percent believe in evolution.Its not likely that the war between creationism and Darwinism will end in the near future. The end of the debate would truly be the end of science, or the end of religion, and within those means, the end of mankind. References Creationism (Stanford cyclopaedia of Philosophy). (n. d. ). InStanford Encyclopedia of Philosophy. RetrievedJanuary11, 2013, from http//plato. stanford. edu/entries/creationism/ Darwinism (Stanford Encyclopedia of Philosophy). (n. d. ). InStanford Encyclopedia of Philosophy.RetrievedJanuary12, 2013, from http//plato. stanford. edu/entries/darwinism/ Parry, W. (2012, June 1). Gallup Poll Americans Views On Evolution, Creationism Little Changed. respite News and Opinion on The Huffington Post. Retrieved from http//www. huffingtonpost. com/2012/06/01/gallup-poll-americans-creationism-evolution_n_1563800. hypertext markup language The Evolution, Creationism, and Intelligent Design Controversy. (n. d. ). UMKC School of Law. RetrievedJanuary15, 2013, from http//law2. umkc. edu/ talent/projects/ftrials/conlaw/evolution. htm