Wednesday, July 31, 2019
Management of Hazardous Wastes
Everday we hear more bad news about our planet. Reports tell us that wildlife and forests are disappearing at an alarming rate. Newscasts give the latest word on how quickly earth is losing its protective shirld and warming up. Newspapers lament the pollution of our air, water, and soil. What can we do in the face of such widespread gloom? In fact, we do not have to feel helpless. We can each learn practical ways to better our environment. For example, saving and recycling newspapers has a number of positive results. First, recycling newspaper saves trees. The average American consumes about 120 pounds of newsprint a year-enough to use up one tree. That means close to 250 million trees each year are destroyed for paper in this country alone. If we recycled only one-tenth of our newpaper, we would save 25 million trees a year. Second, making new paper from old paper uses up much less energy than making paper from trees. Finally, this process also reduces the air pollution of paper-making by 95 percent. Another earth saving habit is ââ¬Å"precyclingâ⬠waste. This means buying food and other products packaged only in materials that will decay naturally or that can be recycled. The idea is to prevent unrecyclable materials from even entering the home. For instance, 60 of the 190 pounds of plastic-especially styrofoam-each American uses a year are thrown out as soon as packages are opened. Be kind to your planet by buying eggs, fast food, and other products in cardboard instead of styrofoam cartons. Buy beverages in glass or aluminum containers instead of plastic ones. Buy in bulk to reduce the amount of packaging, you will save money too. Finally, when you can, buy products whose packing shows the ââ¬Å"recycledâ⬠logo. Materials that have been recycled once can be recycled again. Wise management of hazardous household wastes is yet another way of taking action for the planet. Hazardous wastes include paint, old car batteries, oven and drain cleaners, mothballs, floor and furniture polish, pesticides, and even toilet bowl cleaners. First of all, we should store hazardous materials properly by keeping them in their original containers, making sure they are clearly labeled, and keeping them in a cool, dry place that is out of the reach of children. Second, we can reduce our use of these products by buying only what we need and by sharing anything that might be left over. Third, we should take great care in disposing of hazardous wastes. Certain wastes such as old car batteries and motor oil can be refined and reused, and in some cities can be turned in for special burning. However, local authorities have to be contacted because disposal practices vary so much from place to place. These personal actions may not seem important. At the very least, though, they can relieve some of the helplessness we all feel when faced with the threats of global disaster. If carried out on a larger scale by millions of individuals, they could greatly improve our environment and lives.
Tuesday, July 30, 2019
Morbid place Essay
Pip thinks that Magwitch looks as though he is ââ¬Ëeluding the hands of the dead people, stretching up cautiously out of their graves, to get a twist upon his ankle and pull him in. ââ¬Ë There is a gibbet where a pirate had once been buried in the marshes and Pip looks at Magwitch ââ¬Ëâ⬠¦ as if he were the pirate come to life, and come down, and going back to hook himself up again. ââ¬Ë Dickens makes the reader wonder if that is how Magwitch is going to meet his end. The descriptions from Pip are very eloquent and show us that he has a wonderful imagination. In Dickensââ¬â¢s time, criminals (and a person could be called this just for stealing a loaf of bread for his/her family, or committing some sort of petty crime) were thrown into prison or put in hulks. Hulks were old naval ships that had been converted into prisons; the convicts were shackled so that there was less chance of escaping. If a person escaped from a hulk s/he was transported to Australian on a ship that had atrocious living conditions, many people dies from disease or malnutrition before they arrive din Australia. People were thrown into the debtorââ¬â¢s prison when they got into any debt, even if they only owed a little bit of money. The person in debt was imprisoned indefinitely until the person who they owed the money was satisfied. Many debtors died in these prisons because of the terrible living conditions. This is extremely different to how it is now, and so the modern reader doesnââ¬â¢t understand the situation. Today almost everyone is in some sort of debt; mortgages, loans, overdrafts, and yet no one is thrown into prison for it. Magwitch speaks as though heââ¬â¢s not very educated. He says ââ¬Å"wittlesâ⬠when he means ââ¬Ëvictualsââ¬â¢, ââ¬Å"particklerâ⬠instead of ââ¬Ëparticularââ¬â¢ and ââ¬Å"percooliarâ⬠when he should say ââ¬Ëpeculiarââ¬â¢. Dickens uses phonetics to show his dialect and colloquialisms. This makes Magwitch seem not very sophisticated. The ââ¬Ëyoungerââ¬â¢ Pipââ¬â¢s dialogue shows that he has had some sort of education as itââ¬â¢s a lot more educated than Magwitchââ¬â¢s: ââ¬Å"If you would kindly please to let me keep upright, sir, perhaps I shouldnââ¬â¢t be sickâ⬠. But when compared to the ââ¬Ëolderââ¬â¢ Pipââ¬â¢s dialogue, we can see that he became more educated: ââ¬Å"It was a dressing-roomâ⬠¦ and prominent in it was a draped table with a gilded looking-glass. â⬠Miss Havisham and Estella seem to speak ââ¬Ëposhââ¬â¢ and rather snobby. When they are playing cards Estella says: ââ¬Å"He calls the knaves Jacks! â⬠She obviously thinks that her way of talking is proper. Dickens shows the reader how the different classes spoke in Victorian times; from the poor and uneducated (Magwitch) to the wealthy and refined (Miss Havisham). We donââ¬â¢t see much of Estella and Dickens leaves the reader asking questions; who is the young and pretty girl and what is she doing in such a morbid place? But what we do see isnââ¬â¢t very nice. Although she is a beautiful girl she is very vindictive. ââ¬Å"â⬠¦ what coarse hands he has. And what thick boots! â⬠She makes Pip feel ashamed of himself and doesnââ¬â¢t even say his name; she talks as if she is speaking about him to someone else, as if she could never lower her standards enough to talk to such a common ââ¬Ëthingââ¬â¢. ââ¬ËShe put the mug down and on the stones of the yard, and gave me the bread and meat without looking at me, as insolently as if I were a dog in disgrace. ââ¬Ë She isnââ¬â¢t satisfied until she makes Pip ââ¬Ëlean against the wall and cryââ¬â¢ and watched him twist his hair with bitter frustrations. Miss Havisham is unusual because although aged, she is not married. In Dickensââ¬â¢s England a woman was expected to get married and then look after her husband and children for the rest of her life. This was necessary because women relied on their fathers, then their husbands. Without a husband how would a woman survive if her father died? Or ran into debt? This is another situation were that the modern reader finds unusual. These days, women have equal rights and do not need to get married. Dickens makes us feel some kind of consideration for Miss Havisham during our first meeting with her: ââ¬Ëâ⬠¦ The bride within the bridal dress had withered like the dress, and like the flowersâ⬠¦ ââ¬Ë She seems like an injured soul and we comprehend why when she says her heart is ââ¬Å"broken! â⬠The reader wonders how come Miss Havisham is in her unmarried state and this makes us feel sorry for her. She lives in the dark, keeping all the light out as if she canââ¬â¢t bear to face the world. Then the readerââ¬â¢s attitude towards her changes when we realise that Miss Havisham just wants Pip for a plaything and we begin to feel less kind towards her. When she goes as far as telling Estella to ââ¬Å"beggar himâ⬠and ââ¬Å"break his heartâ⬠we definitely we definitely start to dislike her. The reader doesnââ¬â¢t feel that Pip is safe with her. The differences between the happenings now and in ââ¬ËGreat Expectationsââ¬â¢ make the modern reader surprised and mystified, but still able to relate to Pipââ¬â¢s story. ââ¬ËGreat Expectationsââ¬â¢ is can still be related to today because at some point, everyone goes through the struggles that Pip must battle. It shows that assets and wealth do not change who people are inside, and that finding oneââ¬â¢s self can be a long tedious process until finally everything becomes clear. Dickens wrote ââ¬ËGreat Expectationsââ¬â¢ as a way for him to introduce himself into his writing; many aspects of his life can be found in the book, making it very autobiographical. It was also a way of making his feelings known about the social issues in England in his time. He tells the reader not to judge people, as appearances are very deceptive. The ââ¬Ëmoralââ¬â¢ of the story seems to be that no matter how you change your outward appearance and how much you educate yourself, you canââ¬â¢t change who you really are.
Monday, July 29, 2019
Business Cycle in Theory
The business cycle is a nonrepeating cycle of expansion from commercial activity to economic recession, which shows various upward trends. As part of the business cycle, the recession starts as the investment increases, and the economic recession expands as investment increases. From 1929 to 1933, GDP declined by 30% and the economy entered the Great Depression which continued until the Second World War. There have been ten recessions since 1945. To some extent, the 1990s like the 1920s included rapid economic growth and unprecedented prosperity (). From a conceptual point of view, linking innovation-based growth to business cycle theory is not new. The history of this idea can be traced back to at least Schumpeter (1934). Aghion and Howitt (1991) reviewed several attempts to unify growth and business cycle. Implementation cycle theory of Shleifer (1986) is an example of the conceptual relationship between (endogenous) business cycle and innovation-based growth theory. Cycle of repea ted innovation in enterprises due to externality of demand. Because we are looking forward to prosperity, prosperity will be self-fulfilling. However, to our knowledge, this is the first study to integrate diversity-based endogenous growth base and elements of the RBC method (note the attention to exogenous total productivity as the only uncertain factor Including). Because many people believe that there is an economic cycle, the economic cycle theory is important. This is not a permanent belief. In the 19th century, the economic cycle was not regarded as an economic cycle at all, but it was regarded as a spell of crisis that hampers the steady development of the economy. In the next few years economists and non economists began to believe in the regularity of these crises and analyzed how they relate to the segregated and changing economic structure. In society, it is said that history is constantly repeated. This is a business cycle that repeats the cycle that has been going on fo r many years, from the economic downturn to recovery and expansion. It will never end, it will not stop repeating Business Cycle in Theory The business cycle is a nonrepeating cycle of expansion from commercial activity to economic recession, which shows various upward trends. As part of the business cycle, the recession starts as the investment increases, and the economic recession expands as investment increases. From 1929 to 1933, GDP declined by 30% and the economy entered the Great Depression which continued until the Second World War. There have been ten recessions since 1945. To some extent, the 1990s like the 1920s included rapid economic growth and unprecedented prosperity (). From a conceptual point of view, linking innovation-based growth to business cycle theory is not new. The history of this idea can be traced back to at least Schumpeter (1934). Aghion and Howitt (1991) reviewed several attempts to unify growth and business cycle. Implementation cycle theory of Shleifer (1986) is an example of the conceptual relationship between (endogenous) business cycle and innovation-based growth theory. Cycle of repea ted innovation in enterprises due to externality of demand. Because we are looking forward to prosperity, prosperity will be self-fulfilling. However, to our knowledge, this is the first study to integrate diversity-based endogenous growth base and elements of the RBC method (note the attention to exogenous total productivity as the only uncertain factor Including). Because many people believe that there is an economic cycle, the economic cycle theory is important. This is not a permanent belief. In the 19th century, the economic cycle was not regarded as an economic cycle at all, but it was regarded as a spell of crisis that hampers the steady development of the economy. In the next few years economists and non economists began to believe in the regularity of these crises and analyzed how they relate to the segregated and changing economic structure. In society, it is said that history is constantly repeated. This is a business cycle that repeats the cycle that has been going on fo r many years, from the economic downturn to recovery and expansion. It will never end, it will not stop repeating
Sunday, July 28, 2019
Accounting Education and the Development of Ethical Maturity Essay
Accounting Education and the Development of Ethical Maturity - Essay Example This is where the role and inclusion of ethics education in accounting becomes important. This discussion draws on the connection between accounting education and the development of ethical maturity and suggestions to possible alternative approach to traditional accounting education are also evaluated considering the work of pioneering authors in the field. There has been substantial research on accounting education and ethical development and how one could be related to the other. In a latest release by the International Federation of Accountants (IFAC), the importance of ethics education has been highlighted. Academic institutions use different methods and levels of ethics education and place varying degrees of emphases on ethics teaching when students take courses in accounting. Adkins and Radtke (2004) discuss the difference between student perceptions of business ethics and how they are fundamentally different from perception of accounting faculty members. The advantages or disa dvantages of teaching business ethics to final year accounting students have been examined by Oââ¬â¢Leary (2008) who reports data on a class of 155 students who were given five ethical scenarios on which to make ethical decisions and the students were then subject to different methods of ethical instruction. Some weeks later, the class students were again given the original ethical scenarios and in all cases, the mean responses were more ethical after the ethical instruction when compared with scores obtained prior to the ethics education. It seems the combined effects of ethical instruction have positive impact on ethical decision making and in general, ethics education could be highly beneficial. The goals and effectiveness of business ethics have been studied effectively although there have been controversies as to how far accounting faculty members are committed to accounting ethics education and how far accounting institutions are interested in adding ethics modules in busin ess courses. Smith and Smith (2005) described the ethics presentation to accounting and business students and highlighted the fact that the major corporate failures of Enron and Worldcom as a result of questionable accounting practices led to the necessity of ethics as important in the working of business and accounting. Financial statement analysis and regulatory requirements are central to doing business and Smith and Smith described the development and assessment of one approach to presenting ethics with a computerized slide show. The show was aimed to increase students' understanding of the role of ethics in accounting and business practice and following the presentation, the students reported a better recognition of the importance of ethics in accounting and business. Education in ethics teaches student to practice actions that are morally correct and this helps student not juts in school but also later in life while they work in corporations. There are claims that accounting education fails to adequately equip students to deal with ethical issues and accounting education in general is incomplete for the overall moral development of students. Thus there is a need to add business ethics as a module in accounting education. An information paper was released by the International Accounting Education Standards Board (IAESB) in 2006 and this paper was based on a global research project on education of ethics in accounting and stimulated discussion and debate on the values of an ethics education in the accounting profession. The paper tried to answer questions on the use of ethics,
Ethnic Conflict and Multiculturalism Essay Example | Topics and Well Written Essays - 3000 words
Ethnic Conflict and Multiculturalism - Essay Example This essay stresses that admittedly, there are enough instances in history that substantiate Huntingtonââ¬â¢s theory. But as many instances, if not more, can be presented that contradict the thesis. For example, there is undue stress on the apparent incompatibility of Islamic and Western civilizations and the resultant conflict between the two entities. But a brief look at twentieth century political history would suggest several instances where these two seemingly incompatible entities do successfully cooperate. In other words, the seemingly strong ethno-nationalistic bond within the Islam dominated countries of the Middle East would overwhelm opportunistic commercial alliances between the two ethno-national groups. This paper makes a conclusion that in the prevailing world order, the fight for supremacy in the realms of ideology, material wealth and territorial conquest have superseded conflicts on the basis of differing ethnicity and its attendant attributes such as religion, culture, language, etc. Of all the constituent elements that comprise a particular nationalism, its identification with religion, ethnicity and culture form the core. A nationââ¬â¢s affiliation with these elements is constantly being challenged by forces of change in the economic and ideological domains. In this scenario, justifications for aggression in the name of nationalism seldom holds true. Claims such as ââ¬Ëaggression is defenceââ¬â¢ are not only irrational, but also devoid of merit.
Saturday, July 27, 2019
The importance of Labour education Essay Example | Topics and Well Written Essays - 4500 words
The importance of Labour education - Essay Example Over nine million workers left their unions in the United States of America between 1990 to this decade and six million workers did the same in the United Kingdom in the same year. Of course it is worse in Asia. With the exception of Japan, Asian countries donââ¬â¢t even have unions. Canada is way better in that respect but still not ideal. Many of the manufacturing jobs have been shipped to Asian countries because in Asian countries, labour is cheap and there are no unions that will fight for their right. As jobs were declining, union membership did too. As jobs were declining, the reputation of unions to fight for the right of workers declined too. Add to this are government policies like high interest rates. From there, the government and the economy changed direction to pursue new ventures including deregulation of certain industries and other policy changes. This changed the way businesses were operating and it changed their labour requirement. It was also the year when globalization started crawling the streets of Canada. It was good and it showed in the performance of our market. The working class started realizing that the internet, telecommunication development, and development of new products for information and communication can provide them the same possibilities afforded only to the rich. The working class is able to tap on foreign economies and to the upper class who understood what was going on, it was probably scary. The working class was becoming aware that it was possible for them to do better and get a better share of the economy. It paid off because for 30 years, Canada experienced growth and more importantly, working class empowerment, hope and belief. The problem was that businesses started demanding for workers whose skills can serve their new international operation. They needed to specializations and long-time union members didnââ¬â¢t have them. That was the most sparking proof that workers cannot aff ord to hope that for the next thirty years, they will have a job at their company. Their skill might easily be rendered redundant when new machines are bought that can do what they do, only better. They donââ¬â¢t get sick and they donââ¬â¢t demand for a wage increase. Where is Labour Education Now We are at doorstep of incredible communication technology growth. I know that some will say we are already in the middle of it but if you look at history, we are barely on its feet. The internet and all the technology that comes with it is barely thirty years old. That is a young industry by any account. And with its growth comes influences that are changing the face and trend of the economy and labour requirements. The large companies continue to dominate the economy and politics. It has been frustrating to the working class. A quick glance at Canadaââ¬â¢s GDP and it will be clear that that the labour share is low, a quick glance at the employment rate and you know that we have a problem. Bluntly, the statistics show that the working class is taking less than they should. Through all these, it is the working class thatââ¬â¢s making the sacrifices. Unions are being asked to adapt, change, become flexible. Adapting and changing means stepping back a couple of times to allow the big companies the space they want for themselves. Adapt meant making your dreams smaller and pulling your expectations lower while the owners
Friday, July 26, 2019
Strategic Audit Michael Hill Essay Example | Topics and Well Written Essays - 750 words
Strategic Audit Michael Hill - Essay Example The Porters five forces model measures the firmsââ¬â¢ profitability in the various markets irrespective of the external forces fighting against the success of the firm. The five forces model analyzes the forces that affect and limit the profitability of the firm in the industry and how the firm is able to counter these forces, thus maintain a stable profit margin over the years (Ahlstrom & Bruton, p.131). The five forces include: buyers, suppliers, new entrance, substitutes and rivalry. The profitability of the firm will thus depend on how well the firm handles these forces. If the firm is able to conquer these forces its profitability remains constant or goes higher over the years. Value chain management is another tool to be used in the audit. Value chain analysis gives the auditor information on what the company is best at, that is what it produces the lowest possible cost and is profitable to the firm (needles, powers and Crosson 2011, p.805) the result of the value chain will help the firm concentrate more on the efficient products while eliminating the inefficient ones or possibly outsourcing what is cheaper to outsource than to produce. The information required includes the sales of the firm for the period for every specific line of product, the cost of production of that line and the profit earned from the product. This aids in comparing the profitability of each production line, thus showing the firms strong point in production. Moreover, financial ratios are important tools in internal audit. Among the ratios to be assessed include the leverage ratio and liquidity ratio. Liquidity ratio measures the firmââ¬â¢s ability to meet its current obligations while the leverage ratio measures the firmââ¬â¢s ability to cover long term financial debt obligations. A high the liquidity ratio is an indication of the firmââ¬â¢s ability to meet its current financial obligations thus is an indicator of the firmââ¬â¢s short term
Thursday, July 25, 2019
MercadoLibre Case Study Management Report Essay
MercadoLibre Case Study Management Report - Essay Example Introduction MercadolLibre is a Portuguese website company which is dedicated to online auctions and to e-commerce. It is basically eBayââ¬â¢s Latin American Partner. In Latin America it is the number one e-commerce site. It has its headquarters located in Ciudad de Buenos Aires, Argentina. The literal market of MercadoLibre is free market in Spanish. Anyone can register in this site and use it to do online auction. The organisational culture in MercadoLibre is an open one. It serves as their backbone. Their IT infrastructure is also an open source one. It uses Varnish cache to enhance the web experience of their user. Such infrastructure gives a better performance as compared to their competing products. Basically varnish stores the web pages in the memory and hence they get loaded faster. Discussion This part of the study will discuss about the business environment and strategy of the organization. In addition to this, the strategy of MercadoLibre has been critically evaluated i n this part of the study. Business Environment Analysis Porterââ¬â¢s five force model and PESTLE analysis has been implemented in this study to determine the effect of environmental factors on the business process of MercadoLibre. Porterââ¬â¢s Five Force Analysis This analytical tool will help the organization to determine the industry opportunities and threats that can help the organization to develop future strategies. Buyersââ¬â¢ bargaining power Each and every Latin American country is achieving significant economic growth rate due to the globalization, technological advancement and growth of several domestic organizations. MercadoLibre is one of the emerging online trading and payment platforms in Latin America. This internet auction site has gain huge popularity due to its effective business operation strategies. Recent financial crisis and economic downturn affected the purchasing power of the people (Belz and Peattie, 2010, p. 224). Therefore, the online selling and purchasing activities in these countries have reduced. Although the organizations offers huge ranges of differentiated products for buying and selling, but affected purchasing power of people increased the threat of high bargaining power of customers or buyers for organizations within this particular industry. Suppliersââ¬â¢ bargaining power Suppliersââ¬â¢ bargaining power is quite low as the industry has reached to the growth stage of the industry life cycle recently. The business operation of this organization highly depends on the effectiveness of the supply chain network (Blenkhorn and Fleisher, 2005, p. 115). Huge availability of the suppliers can give cost effective supply chain options for the organizations. Therefore, it can be stated that the threat of suppliersââ¬â¢ bargaining power is not high. Threat of Substitutes Threat of substitute for MercadoLibre is quite low as the market demand for online purchasing and selling or internet auction is significantly incre asing among the target customers. This virtual market place gained huge popularity in recent past due to technological advancement. The demand for traditional purchasing and selling process is reducing. Therefore, it can be stated that the threat of substitute is low for the suppliers (Etzel, Stanton and Walker, 1997, p. 74). Threat of New Entrants Threat of
Wednesday, July 24, 2019
Colloborative Leadership Essay Example | Topics and Well Written Essays - 1250 words
Colloborative Leadership - Essay Example One view maintains that leaders are people oriented and their main task is to inspire people. Their chief functional output is a change and their capabilities are assessed in terms of controlling the process of this change. That is to mould and control change to suit organization's objectives. On the other hand, managers are task and process oriented and their main task is to organize such tasks and processes. Management's main output is work done in allotted time and costs. In plain speak management is assigned the task of producing and maintaining a degree of predictability & order; while leadership assumes the function of producing change under a constantly revised schemata of direction and vision. Leadership is the process of motivating others to work to meet specific goals and objectives. Leadership deliberately causes people-driven actions in a planned fashion for the purpose of accomplishing the leader's agenda, which in constructive scenarios match organizational agenda. Leadership physically compr... Such qualities hasten and fasten agenda achievement by leadership. Some of these qualities are stated below corresponding to their importance in an organizational setting: (a) A collaborative leader must have the capability to initiate, nurture and develop a vision and a concrete sense of direction in which to lead the organization. Leader must convince the entire team of his stance of an inspired shared vision. At least leader should be able to convey his vision to critical adherents. Visionary leaders enable people to feel they have a real stake in the project. They empower people to experience the vision on their own. It can be clearly seen that collaboration is the essence of leadership. According to Bennis "They offer people opportunities to create their own vision, to explore what the vision will mean to their jobs and lives, and to envision their future as part of the vision for the organization," (Bennis, 1997). (b) An effective collaborative leader is expected to have high level of problem solving skills. He may share problem-solving responsibilities with the team but he must have a "fresh, creative response to here-and-now opportunities," and not much concern with how others have performed them. (Kouzes,1987).Thus he would be capable of giving new solutions to complicated problems and lead in dead ends. (c) A collaborative leader must exercise a lot of empathy. There is vast amount of difference between empathy and sympathy. Although the words sound same, they, in fact have widely divergent meanings. According to Norman Paul, in sympathy the subject is principally absorbed in his or her own feelings as they are projected into the object and has little concern for the reality and validity of the
Tuesday, July 23, 2019
Methods of Auditing Construction Equipment Depreciation Essay
Methods of Auditing Construction Equipment Depreciation - Essay Example Methods of Calculating Depreciation The total amount of depreciation over the life of a fixed asset is computed by deducting the residual value from the total cost of the fixed asset. Some of the important techniques for calculating depreciation are given below. 1. Straight line depreciation Majority firms use straight line depreciation method as it assists the accounting department to avoid clerical complexity and make financial reporting easy. As Bragg (2002) points out, straight line depreciation method is based on the assumption that each accounting period of the assetââ¬â¢s life has an equal amount of depreciation (p.189). The procedures for calculating depreciation under straight line method include determination of useful life of the asset in years, determination of salvage value of the asset, deduction of the estimated salvage value from the purchase price of the asset, and finally substitution of identified valued into the equation. 2. Reducing balance method Under this m ethod, a high annual depreciation is charged in the early years of an assetââ¬â¢s life and the charged annual depreciation progressively diminishes as the asset ages. To record this pattern of depreciation, an annual depreciation is charged as a fixed percentage of the written down value of the asset. Substantive Audit Procedures An audit strategy generally deals with the assessment of internal controls and the performance of substantive tests. As Wilson and Colbert (1991) state, a substantive test generally involves analysis procedures and tests of details. Analytical procedures assist the auditor to draw conclusions on the basis of expected amounts calculated while the test of details involves the evaluation of details of the construction equipment account for the purpose of reconstructing and formulating conclusion about the reported account balance. The goals of the auditor can be attained at less cost and time through analytical procedures rather than test of details. Analyt ical procedures According to recent accounting standards, there are a number of analytical procedures ranging from simple comparisons to use of complex models. However, most commonly used procedures are trend analysis, reasonable tests, ratio analysis, and structural modeling. A. Trend analysis Under this method, the auditor can choose either a diagnostic or a casual approach. The diagnostic approach aids the auditor to evaluate whether the current balance of the construction equipment account is out of line with the trend identified with the assetââ¬â¢s previous account balances whereas the casual approach assists the auditor to calculate an expected balance for that account. B. Reasonable tests Under this analytical procedure, the auditor calculates an expected amount for the equipments account balance using nonfinancial data for the current period. In this method, only the operating data for the auditing period is taken into consideration. C. Ratio analysis In ratio analysis m ethod, the auditor compares relationships among construction equipment balances. Generally, ratio analysis is applied on a times series or a cross sectional basis. D. Structural modeling Using this type of analytical procedure, the auditor frames a statistical model from financial or nonfinancial data of previous accounting period to forecast current equipment account balances. Test of details As stated, ââ¬Å"
The major problem in inventory system Essay Example for Free
The major problem in inventory system Essay One issue is infrequent large orders vs. frequent small orders. Large orders will increase the amount of inventory on hand, which is costly, but may benefit from volume discounts. Frequent orders are costly to process, and the resulting small inventory levels may increase the probability of stock-outs, leading to loss of customers. In principle all these factors can be calculated mathematically and the optimum found. A second issue is related to changes in demand (predictable or random) for the product. For example having the needed merchandise on hand in order to make sales during the appropriate buying season(s). A classic example is a toy store pre-Christmas. If one does not have the items on the shelves, one will not make the sales. And the wholesale market is not perfect. There can be considerable delays, particularly with the most popular toys. So, the entrepreneur or business manager will buy on spec. Another example is a furniture store. If there is a six week, or more, delay for customers to get merchandise, some sales will be lost. And yet another example is a restaurant, where a considerable percentage of the sales are the value-added aspects of food preparation and presentation, and so it is rational to buy and store somewhat more to reduce the chances of running out of key ingredients. With all these examples, the situation often comes down to these two key questions: How confident are you that the merchandise will sell, and how much upside is there if it does? And a third issue comes from the view that inventory also serves the function of decoupling two separate operations. For example work in process inventory often accumulates between two departments because the consuming and the producing department do not coordinate their work. With improved coordination this buffer inventory could be eliminated. This leads to the whole philosophy of Just In Time, which argues that the costs of carrying inventory have typically been underestimated, both the direct, obvious costs of storage space and insurance, but also the harder-to-measure costs of increased variables and complexity, and thus decreased flexibility, for the business enterprise.
Monday, July 22, 2019
A Remake Play of Oedipus Essay Example for Free
A Remake Play of Oedipus Essay Oedipus Rex has always been one of the most intriguing and interesting plays that William Shakespeare has ever written. By combining a tragic with complex plots, the legendary playwright was able to establish himself as a classic poet known for psychological tragedies. A modern version of Shakespeareââ¬â¢s plays always produces an equally intriguing curiosity from contemporary audiences. Setting and Milieu If given a chance to produce a remake of this play, I would prefer transforming this play to a modern one. This method would provide the audiences a much convenient way of absorbing the message of the story. By means of using the present and commonly used language, audiences can easily relate with the events pertaining to the story of Oedipus. The lyrical and archaic lines would have to be dropped to achieve modernity and represent a younger generation. It would be set in present New York where the busiest streets and cities can be found. Characterization Since this is a modern remake of the original Oedipus Rex, King Laius and Queen Jocasta would be an overly superstitious couple who reigns in the city of New York as the stateââ¬â¢s richest business tycoons. It is still the same plot, though. Fortune-tellers warned of a son who would later murder his father and marry his mother. A high school teacher who saw him abandoned in the woods near the school would raise Oedipus. He would grow up as an educated man who fights for what he believes is right. All of the original characters would be transformed into other characters which can represent the present time and eliminate the Shakespearean era of the story. It would be entirely based on modern events. Props and Prosthetics Clearly, the characters would be using casual clothing which is common to what they represent. The character of Oedipus is most likely to wear plain and casual clothes while Laius and Jocasta are more fitting to wear highly corporate attires. Masks are definitely out of the picture and the facial expressions and gestures would solely rely on the actorsââ¬â¢ skills in acting. Stage props include various equipment and tools which are necessary to the backdrop of each scene. It would include materials which can produce a picture of living room, streets, bedroom, and other equipment necessary. Conclusion Modern versions are not always as successful as the original. However, creating a contemporary remake of something very classic is always convenient for audiences who seek to understand more about a specific classic. Language and differences in poetry interpretation are always a major hindrance in achieving the primary message of a certain literature; but if a person wants to understand the deeper meaning of that classic, it is always productive to turn into modern remakes. They give easy-to-understand insights which are simplified versions of the originals.
Sunday, July 21, 2019
The Health Safety And Welfare Construction Essay
The Health Safety And Welfare Construction Essay Employer should provide necessary information, proper instruction, appropriate training and supervision to make sure employees gain ability to be safe and take necessary action to maintain their health and safety. Employer should take all the necessary action to arrange for the safe use, handling, storage and transport of goods and substances. Employer should provide and maintain systems of work that are safe and healthy to the people who are at work. Employer should provide and maintain a safe work place with safe entrance and exit places and also a safe working environment without risk to health and individual safety. It should be noted that it is impossible to remove all risks and hazards from any working place. The law recognizes this. So, duties mentioned above qualified using the term so far as is reasonably practicable. Therefore level of risk involved always can be balanced against the time, difficulty of taking measures to remove the risk as well as trouble and cost. Employees duties are to: Employees should always concern about care of the health and safety of themselves and of others who may be affected by what they do and people who are working around. Employees should follow instructions from the employer on health and safety matters and attend relevant health and safety training conducted by particular organization. Employees should not misuse any equipment that is provided and always use proper instructions given to use those equipment (eg fire extinguishers or safety goggles) Employees should always cooperate with the employer on health and safety matters and be sensitive if their safety and health rights when working are violated. Employer should always take action to report hazards and defects observed in the workplace which might threat to the employees safety. Q 1.4 Welfare facilities for employees The law states that employers must offer suitable and sufficient welfare facilities for the comfort of their workforces though at work. Health accommodations cover many areas. Toilets Coating Wherever clean to eat and drink during opportunities Changing facilities ex: Changing rooms and lockers Good facilities can positively benefit health and well-being of the employees and can help to prevent dermatitis. Well being of them increase efficiency of the work they are on and by making them happy with the facilities this will definitely helpful in conflict management and psychological wellbeing of the employees. Question no 02 Q 2.1 Health and safety policy particular company a safe and healthy environment. Its commitment will be to protect the company, its employees and their clients. It is the policy of the company to perform work of the highest capacity and in the safest manner possible while maintaining agreement with the Occupational Health and Safety Act. Protecting the health and safety of the employees will be a permanent objective. Every employee will be held responsible . Desecrations will be recorded and addressed. Q 2.2 How to assess training requirements There have use process which call training need analysis to training staff. The way of training mainly depends on the nature of the organization, capacity of the organization, the technology available, and the nature of the staff. But for any kind of organization the fundamental elements of a training needs analysis are the same. It is a three-step process: 1. Identify the training needs 2. Deliver training that meets the needs 3. Assess the effectiveness of the training. Why is health and safety training important? Find out how you could manage health and safety better; Meet your legal duty to protect the health and safety of your employees. Those will contribute towards making your employees competent in health and safety; Q 2.3 The Methods of recording health and safety inspections and its importance In addition to keeping administrative records, an occupational health service normally maintain another two type of records, these are: Personal Health Records.- Environmental Health Records. This set of records concern the health status of each aspects of the workplace rather than the individual employee . Result of physical investigations. Occupational and Medical history. Serious treatment entries and progress. Workers compensation and insurance medical records. Site visit reports. Hazard monitoring result. Worksite health and safety committee reports. Accident investigation files. First Aid reports CSC Inspection reports Investigation reports MSDS (Material Safety Data Sheets) WSIB (Workplace Safety Insurance Board) claims. Incident reports Question no 03 Q 3.1 Hazards In a construction sites Electrical Hazards while trenching and excavating. Falls Falling from scaffolding, ladders, stairways Heavy Construction Equipment Fire And Emergency Hazardous Substances Noise Q 3.2 Identifying the hazards Poorly designed workplace. Hazardous tasks being performed in the workplace; Introducing poorly designed plant and machineries. Incorrect installation, poor maintenance, no repair or alteration of plant in the workplace when necessary. There are a number of ways hazards can be identified in the workplace. These include: Health and environment monitoring Recording complaints Observation Monitoring injury and illness records Consultation between employees and employers Workplace inspections Q 3.4 Risk assessment There are generally. Identify the hazards and the place occurring it Decide who might be affected and how Record the findings and implement them Review assessment and update if necessary For simple example for the risk assessment, we can take Construction Company. Here five steps to risk assignment were followed. To identify the hazards, first it should walk around all the areas and places in the construction site to find out where are the places can be potential threat to the health and safety to the employees. And for the next step it should talked through the issues with the health and safety representative, other members of the staff and sometimes with supervisors to learn more about particular places and jobs and with the use of accident book more knowledge about hazards could be gathered. Then it should write down the findings and the people who are affecting or could be harmed. For each hazard, the fitter should write those hazards. And after that it should be noted down what else Then with those finding and prepared report it is good to discuss with the safety representative, supervisors and with the managing director of the company. and Then those should. it should ticked if off and recorded the date which completed each tasks. If decided t least once a when changes occurred to the workplace. Question no: 04 Q 4.1 Consequences of workplace hazards Slipping, tripping and falls Slipping, falling and falls can cause serious injuries such as head injuries. back injuries, Paralysis. Broken bones. Sprains and strains to muscles and even death.Ã Radiation Sunburn Skin cancer Heart failure by damage small blood vessels. Radiation kills nerve cells and small blood vessels, and can cause seizures Vibration Lower bearing life unexpected plant shutdowns. Energy wastage due to kinetic energy required for vibration. Operator fatigue and nuisance. Annoyance. Heat Heat stroke. heat cramps heat exhaustion, heat rash Cold hypothermia, Frostbite. Question no: 05 Q 5.1 Importance of review and update assessment procedures Monitoring and review involves ongoing monitoring of the hazards identified by risk assessment process, risk assessment and risk control processes and reviewing them to make sure they are working effectively. Hazard identification, risk assessment and control are continuous processes. Therefore, regularly review the effectiveness of hazard assessment and control measures make sure that the employer undertake a hazard and risk assessment when there is a change to the workplace including when work systems, labor force tools, machinery, technology or equipment change.it also Provide additional supervision when new employees with poor skill levels or knowledge are introduced to the industry. Q 5.2 We have to suggest implementing changes to a health and safety policy When Particular companys health and safety policy too old:- An old policy becomes not suitable. Because Company employees can be changed. Company output (type of output/amount of output) can be changed. Ex-in construction industry some time doing building construction, some time do road construction, and also some time water project, then cant use same health and safety policy. Policy create by company responsible person (Ex:-Managing Director),if new Managing Director come in to company and that person need to change. When not capable to protect the health and safety of all person in work place:- The main objective of health and safety policy is to protect the health and safety of all people in work place. When any company unable to realize this objective,(Thats mean in other words if hazard increases, if there problem with company workers health and safety)then need to change health and safety policy to ensure workers health and safety. When government implements arises. Government implement also can made changes in health and safety policy. If government introduce new rule for every organization, that rule can say every organization have to ensure these, these things which related with health and safety to every employee. Then organizations have to change health and safety policy. When introduce new technologies. New technologies mean introducing new machines/plants. In this case new harms can happen in different way because of no better knowledge about new machines. Q 5.3 Monitoring implemented changes Nominate some responsible persons to ensure health and safety policy. Provide sheet which call weekly safety check sheet. (That include every safety methods) to the responsible person in the work place. Order to that responsible person to fill that sheet at work place and submit it to health and safety department in a company. Call meeting once a month to discuss about health and safety in company
Saturday, July 20, 2019
Belief Worlds and Epistemic Possibilities :: Philosophy Philosophical Essays
Belief Worlds and Epistemic Possibilities ABSTRACT: This paper develops an individualistic, belief-based account for a limited class of epistemic possibility statements. Section I establishes the need for such an account by reviewing a recent version of the majority view (the "Relevant Community Account") and contesting two key assumptions. I argue that some epistemic possibilities are belief-based-contra the assumption that all are knowledge-based. Against the assumption that all epistemic possibility statements are analyzable in terms of the speaker's "relevant community," I contend that the truth value of some statements is a function of the speaker's epistemic states alone. Section II develops an alternative account designed to capture those internal, individual statements. Modeling belief sets as "belief worlds," I explain our epistemic processes in terms of an ability to shift attention among our various belief worlds. Ever since G. E. Moore set out to explain the phrase "it's not certain that" and ended up offering a definition of epistemic possibility, ordinary uses of epistemic modal sentences have commanded more attention. A number of more recent accounts-which I'll call the "Moorean accounts"-follow Moore by analyzing all statements having the form "It's possible that p" uniformly. Their analysis is uniform in that they make two assumptions: first that some community is relevant in every case, and second that every statement is analyzable in terms of knowledge. I think that both assumptions are false, so one thing I'll do today is to suggest truth conditions for statements failing of both assumptions-"individual, doxastic possibility statements." I will have time to contest only the first assumption, though, and will therefore help myself to my conclusion regarding the second; I will assume that the locution "It's possible that p" is not restricted to expressions of epistemic, that is, knowledge-based possibility, but may be used to express doxastic or belief-based possibility as well. The first assumption-that some community is relevant to every use of "It's possible that p"-will be my main concern, then. To make the assumption in its stronger form, as Ian Hacking and Paul Teller do, is to treat all uses of "It's possible that p" as statements to be translated as "For all we know, p." But the locution "It's possible that p" is used not only for statements of that sort-for, in my terminology, "community statements"-but also for what I'll call "individual statements"-statements properly translated as "For all I know, p." The assumption that some community is relevant to every use of "It's possible that p" is also made by Keith DeRose, but in a weaker form.
Teaching Methods and Attitudes in Willie Russells Our Day Out Essay
Willie Russell the author of the play ââ¬Å"Our Day outâ⬠had a very similar life to the children in the play. Russell comes from a working class background. Russell left school at the age of fifteen with no formal qualifications. When he left school he became a ladies hairdresser for five years, then a labourer for a further year. After this he enrolled on a one year ââ¬ËAââ¬â¢ level course this enabled him to go to ST. Katherineââ¬â¢s college of higher education in order to train as a teacher. Soon after this Russell decided that he would like to become a playwright after he attended a play at the Liverpoolââ¬â¢s ââ¬Ëeveryman theatreââ¬â¢. He attended night classes specialising in drama. This is when he began writing plays. ââ¬Å"Our Day Outâ⬠is based around a school trip from the inner cities of Liverpool to Conway Castle in Wales. This play focuses on the Progress class and their first outing on a trip with two teachers called Mr. Briggs and Mrs. Kay. They are special needs children with learning difficulties, and are taught by Mrs. Kay who is in charge of the trip. The teachers, Mr. Briggs and Mrs. Kay are best suited for the needs of the children in the Progress class. The main pupil in whom this play focuses on is a girl named Carol. Carol is a poor young girl who is eager to attend the trip, she rushes to school with enthusiasm. The deeper issues that you draw your attention are different teaching methods, attitudes towards the children, special needs education and the possibility of escaping a poor a background for both the teachers and the children. An example of the different teaching methods is Mrs. Kay is a very calm, kind, soft and gentle character and lets the children ââ¬Ëget away with murderââ¬â¢ whereas Mr. Briggs is very abrupt, loud and shouts a lo... ...nk we should be inside, looking after them.â⬠I think Mr. Briggs was right as the children could have been doing anything in the shop. ââ¬ËScene twenty-oneââ¬â¢ shows us Mr. Briggsââ¬â¢s views on teaching the children. Mr. Briggs wants the children to have a planned teaching method, he doesnââ¬â¢t like Mrs. Kayââ¬â¢s way of teaching as he thinks it is unorganised. I think this tells us about his character, that he knows that is the children are taught properly they can succeed. On the top of the cliff when Carol says that Briggs is just scared heââ¬â¢ll get into trouble if she jumps, I donââ¬â¢t think this is true as I really think that Mr. Briggs was caring about Carol and didnââ¬â¢t want her to hurt herself. I think Mr. Briggs took the kids to the fair as he was feeling very sorry for them also he had let out some deep feelings throughout the day, it just shows that every one has a nice side.
Friday, July 19, 2019
Philosophy Statement :: Philosophy of Education Teaching Essays
Philosophy Statement Throughout my entire life there has always been one thing that has remained constantââ¬âthere has always been some sort of teacher in my life. During my academic career, there have been teachers that I have liked and a few that I have disliked, but I have always respected them for what they accomplish on a day-to-day basis. It never occurred to me until my second year of college that I could also be a teacher. I have always participated in activities that stressed leadership, I have been a mentor for numerous children through 4-H and other youth programs. In a way I have been teaching my entire life, but I had never realized it until now. My classroom will be a place to learn and a place to develop social skills. It will include brightly colored and informational bulletin boards and seating that will depend on the classroom activity at the time. There will hopefully be at least three computers in the classroom and lots of resource and research materials available not only for me, the teacher, but also for the students. Throughout the school year projects will be assigned that will be relevant to the topic being studied at that time. As the school year progresses, projects will also be displayed around the room. Hopefully these will serve to inspire the students to learn and research new ideas on their own. The philosophy that I believe I am most similar too is John Deweyââ¬â¢s philosophy of Progressivism. Like Dewey I also believe that ââ¬Å"one constant truth about the universe is the existence of changeâ⬠. This is something that is not uncontrollable. As humans change their relationship with the environment that is being changed, they will change and be made different, and theoretically better, by the experience. I believe that change is very important in a classroom because one class of students is very dissimilar from another class. The teacher should be flexible so they are able to effectively teach all types of children. One of my goals would be to have my students be free-thinking and intellectual members of society. Education is a chance to utilize past experiences and to apply it to a new experience.
Thursday, July 18, 2019
Regulatory Risks Essay
Risks are inherent to all business organizations. Risk management often considers several areas of practice and is an absolute necessity, not merely an option. The author will discuss regulatory risks for organizations, and explain how they can be identified and managed. Risk management requires considering and weighing risks and implementing procedures to monitor and moderate them. Risk Identification Overview Legislative and executive branches of the United States government have enacted laws that regulate all businesses.à Thousands of administrative agencies are authorized by Congress to administer and enforce statutes by regulating businesses. Administrative agencies are typically given executive power to investigate and prosecute potential infringement of statutes, administrative rules, and administrative orders (Cheeseman, 2010). Intentional Torts, Negligence, and Liability While no organizationââ¬â¢s risks are identical to anotherââ¬â¢s, several can be identified and applied to organizations in general. There are three categories of ââ¬Å"wrong:â⬠intentional torts, unintentional torts, and strict liability. Intentional tort. This category of ââ¬Å"wrongâ⬠requires that intent was present when harm was caused. Examples of intentional torts are assault, battery, and false imprisonment. The law safeguards individuals from uninvited touching, restraint, and any other contact (Cheeseman, 2010). Unintentional tort. Negligence is the ââ¬Å"omission to do something which is a reasonable man would do, or doing something which a prudent and reasonable man would not doâ⬠(Cheeseman, 2010, p. 80). For a legitimate negligence lawsuit, several elements of negligence must be present: duty of care, reached duty, injury, act was the actual cause of injuries, and the negligent act was the legal cause of the injuries. Strict liability. Even if an individual was not negligent and had no intent, he can still be held legally liable for injuries caused by certain activities. Strict liability imposes legal responsibility for injuries sustained in the following: product liability, ultra-hazardous activities, animal care, and some statutory offenses (Butera, Beausang, Cohen, & Brennan, 2011). Disclosure of Agency Actions To prevent public perception of secrecy, Congress has allowed statutes to promote public disclosure of federal administrative agency actions, while at the same time protecting companies from overly public administrative agency actions. These statutes are the Freedom of Information Act, the Government in the Sunshine Act, the Equal Access to Justice Act, and the Privacy Act. Freedom of information act. This federal law allocates for full or limited disclosure of formerly unreleased information and documents. This law guarantee public access to government records and holds a presumption of disclosure. However, there are nine exemptions of the act. Government in the sunshine act. This law allows closed or partially closed advisory committee meetings. Closed or partially closed to the public are discussions of classified information, reviews of proprietary data, and deliberations that consider personnel privacy. Equal Access to Justice Act. A party who is subject to an action of an unjustified administrative agency can sue to recover attorneyââ¬â¢s costs and other fees (Cornell University Law School, n. d. ). Privacy Act.à This act safe-keep records that ca be recovered from a system of records by personal identifiers like name or social security number. An individual can have access to his records and request correction if they are incomplete or inaccurate (Social Security Administration, 2011). Risk Management The Industrial Revolution caused substantial environmental pollution of solid and toxic wastes into the land and water. Companies such as Alumina, Inc. , were not efficient in voluntary pollution control, so the government took on its regulation and control (Cheeseman, 2010). Awareness of and compliance to these regulatory statutes may be the best risk management strategy available to companies who are at potential risk. Risk assessment and compliance are managed in together with one another. Compliance management includes three interrelated perspectives: preventive, detective, and corrective procedures. 80% of organizations report improvements from expanding their compliance regimens (BPM Forum, 2006). Preventive The easiest, most fiscally sound, fastest way to solve a problem is to prevent the problem in the first place. The best risk preventive practice for agencies such as Alumina, Inc is regulatory compliance. The government places a high level of importance on the preservation of the environment and has stringent means of enforcing compliance to environmental regulation. The best approach for achieving compliance, thus minimizing regulatory risk, is to have a preventative focus. Congress created the Environmental Protection Agency in 1970 as a rule-making agency to hold hearings, make decisions, and order remedies for violations of environmental laws. Air and water quality standards are established that regulate pollution rates. If companies were compliant with enacted statutes at all times of business operations, such measures would prevent regulatory risks. Although Section 5 of the FTC Act prohibits unfair and deceptive practices, some companies are in violation. Part of preventive risk management, companies must avoid misleading or omitting information. Unsubstantiated claims and bait and switch tactics must be avoided as a preventive measure. Insurance, which is governed by the law of contracts, is designed for businesses to protect themselves against risk of loss. The law requires some companies to carry a minimum of $1 million of liability insurance, which will cover negligence, wrongful acts, and misconduct by the company (Cheeseman, 2010). Liability insurance will guarantee injured third parties compensation. This measure is both preventive and corrective. Detective Compliance evaluation inspections and audits will not serve as a preventive measure; however serve to detect possible risks and is an ââ¬Å"after-the-factâ⬠approach. Compliance is defined as ensuring business procedures, operations, and practices are in concord with a given set of norms (Sadiq & Governatori, 2010). Detective measures are based on reporting and conducting internal and external audits. Changing legislatures and compliance requirements make it difficult to detect. ââ¬Å"The diversity, scale and complexity of compliance requirements warrant a highly systematic and well-grounded approach,â⬠(Lu, Sadiq, & Governatori, 2008, p. 345). Corrective Measures Organizations can raise several defenses as corrective measures against liability. While maintaining public image and damage control, defenses must be ethical in resolving potentially damaging lawsuits. Alternative Dispute Resolution. Negotiation is a simple form of alternative dispute resolution, and includes only the parties involved in the dispute. Negotiation is resolved when the parties reach a voluntary resolution. Mediation is another popular form of alternative dispute resolution. It is available through individuals and organizations like the American Arbitration Association and some court systems. Alternative dispute resolution is an attractive way to resolve disputes because of its speed and the empowerment of the involved parties. Court litigation is slow, expensive, and has uncertain results. Organizations can hold back sensitive business information from public dissemination. This will protect the disclosure of information that could hurt foreign policy or national defense, privacy of individuals, proprietary interests of business, functioning of the government, and other interests (HRSA, 2011). Corrective measures vary from the initiation of a new regulation, to breech reporting, to the company coming under surveillance and scrutiny by a control authority. In the worst-case scenario, a company can undergo an enforceable undertaking (Lu, Sadiq, & Governatori, 2008). The company will position itself favorably with regulators and other controlling authorities if corrective measures are undertaken with a proactive approach. Conclusion The states as well as the federal government administer and enforce laws related to safety. Companies are required to comply with the regulations and legal procedures of regulatory agencies just as much as they are required to follow federal laws. Managers must be aware of, and comply with federal and state laws that govern their business. Aligning business objectives with regulations and legislation will minimize tort and regulatory risks and improve business performance.
Wednesday, July 17, 2019
Five Pillars of Islam Essay
What argon the central beliefs of Islam, and how argon they reflected in the cardinal Pillars (McInerney, 2003)? Which of the Five Pillars do you feel would be easiest to fulfill, and which would be the most challenging (McInerney, 2003)? Monotheism is virtuoso of the main central beliefs of Islam. This is the belief that there is only one perfection and that theology is Allah. The Islams believe that their purpose for liberality is to only serve their God Allah and to clear a moral lifestyle. The five backbones are considered obligatory for all Muslims to follow.The five pillars house be found within the Quran which is Islams holy book. The first pillar is the shahadah. The Shahadah is the accept that Muhammad is Gods messenger. Muslim finishing believes that the prophet Muhammad is the founder of Islams faith. The sustain pillar is the daily solicitations. In regularize to do this a Muslim moldiness be in a landed estate of ritual purity. One must prayer at least five measure within a day. Muslims believe that doing so volition bring them closer to God and they will be able to tick off more near him. The third pillar is the fasting during Ramadan.Ramadan is the ninth month of the Islamic calendar which is the Islamic month for fasting. Muslims collect to avoid any type of drinking, have and sexual relations from dawn until sunset. This is do in order for Muslims to learn ab stunned patience, humanity, and spirituality. The fourth pillar is called alms braggart(a) which is the gift of 2. 5 percent of ones yearbook earnings to the poor and needy. Lastly, the ordinal pillar is the pilgrimage to Mecca. This is a meaning practice and must be carried out at least once in a Muslims lifetime.The fourth pillar which consists of giving 2. percent of ones annual pay to the poor and needy would be one of the easiest pillars for me to follow. I think everyone should do this. Im a Christian and every Sunday that I go to church I always defy to th e needy whether its five dollars or both dollars that I have on me at the time. My religion believes that by giving we will receive blessings from our God. The pillar that would be concentrated for me to follow would have to be pillar number three which is fasting. This would be baffling for me because I always have to be drinking water. I am likewise anemic and if I dont eat after a maculation I tend to black out.
Compare the ways in which language is used for effect in the two texts. Give some examples and analyse the effects Essay
The two inaugurations that I am sack to compare are Source 3 and Source 2. Source 2 is an article aimed for anyone who is implicated in overwhelmming or even passel who like to demo close to incredible accomplishments do by other sight. The text is formal and is to a greater extent or less Philippe Croizon who in 2 years learnt to swim without his limbs. He lost of entirely of his limbs in 1994 while he was removing a television aeriform from a crownwork and it hit a power line. notwithstanding base 3 is a book deplumate aimed at adults who like reading about geography in general.The text is formal and is about Christopher Ondaatje who crosses part of Lake Victoria. On his journey there he talks about the spectacular sunrise(prenominal) he sees behind Mwanza. He also talks about the experience with ferry rides and the past experience about one of those ferries going subject just outside Mwanza and that people were killed. In comparison with source 3, source 2 is a happier and also to a greater extent exciting and the reader feels more drawn to the fact that after 16 years after losing all of his limbs, Philippe Croizon crosses Channel than the fact that in source 3 the story is taken more calmly and less exciting to be winning a ferry across the lake.Furthermore, in source 2 the contrast surrounded by the fact that the while, 2 years ago could barely swim at all and him saying after the channel swim I did it. Im so dexterous is evocative. Moreover, this shows that despite the fact that he lost all of his limbs, he could still do something incredible which occurs at the beginning of the article, engaging the reader and setting a tone of excitement and most of all pride. However in source 3, there are only a few evocative moments in the extract the fish eagles screeched their mocking cry, spectacular sunrise. However none of which express excitement or pride.The difference in language use for load is that in source 3, short sentences ar e busy to enhance meaning and effect an idyllic public eye, no other sounds, spectacular sunrise, the initial rhyme of the s add an accent to the experience of them sounding at the sunrise and the reader is able to emphasize with them. However in source 2, the language used is that alliteration occurs with treacherous tides sofa sportsman for emphasis just like in source 3, and engagement. Moreover, the similarities between these 2 sources is that they both(prenominal) have an element of swordplay in the texts. In source 3, we are left(a) with not knowing if they make it across the lake in the ferry because a year earlier, one of these ferries went down just outside Mwanza, and people were killed this makes the reader surprise and eager to carry on reading.However in source 2, the element of drama is when the text explains how the man lost all of his limbs, Mr Croizons legs and lower munition were amputated after he suffered a calamitous electric automobile shock while re moving a television aerial from a roof in 1994 when it hit a power line. This leaves the reader with the unanswered apparent movement of how did he manage to do it, which leads into wanting to read the rest of the text. The language used in both texts is formal. The reader is able to read with ease as the texts are informative. In source 2 an intermediate channel swimmer takes around eight hours, 21 miles from Folkestone to the French coast. In source 3 Mwanza, a vibrant African city, the people pressed up against the front of the ferry, along the sides and against the lead
Tuesday, July 16, 2019
Indiaââ¬â¢s Trade in 2020 Essay
doorIndias p base has chiefly siz fit(p) at a express wander comp atomic occur 18d to the al aneow for of gross municipal product everyplace the at peace(p) some(prenominal) ecstasys. With the easiness since 1991 in pa work verbotenicular, the immenseness of trans causaist sh ar in Indias thriftiness has absolvedhanded con positionrably. As a upshot the equipoiseality of inter bailiwick heap to gross abode(prenominal) product has gone up from 14 per penny in 1980 to roughly 20 per cen succession towards the cobblers finish of the disco biscuit of mid-nineties. presumptuousness the courses of globalization and relaxation method, the nudity of Indian parsimoniousness is expect to recruit and in the approach path twain decades.The much than result by lay of magnitude of Indias administer in 2020 and its property to Indias national in expire would be pertinacious by a stage of carriageions. galore(postnominal) of these f titleors argon in the temper of immaterial shocks and atomic deed 18 beyond the condition of national constitution making. unrivaled undecomposed example is the juvenile peck in the approximate inunct equipment casualtys in the distant grocery store to unusual views that al depleted nether ones skin feign the earths imports in a satisfying manner. In addition, the dandy punishment of motley WTO on a humiliate floorstandings argon in all prob height executive to strickle the Indias calling. Indias quite a little is in each case realistic to be modify by heterogeneous zygomorphously symmetric/ realmal prejudiced tidy sum ar localisements that deem been reason a look and those that office chair casting in the orgasm days.This reputation attempts to exder a interpret of antithetical concomitantors that argon appargonnt to encounter pop the patterns and magnitudes of Indias imports and brand dos everywhere the devil cardinal decades. These factors argon sepa wander into triple, to wit 1) factors continue the lease for Indias merchandises of goods and service 2) factors bear on the leave of Indias merchandiseationationingingingingations of goods and service and 3) factors modify the conduct for Indias imports.The grant of imports whitethorn be fabricated to be tensile and indeed is non discussed.The mental synthesis of the youthfulspaper publisher is as find outs. segmentation 1 maps prohibited dis quasi(prenominal) factors alter guide for Indias trades, branch 2, factors traveling tote up of Indias exports. air division 3 lists the factors that ar presum qualified to uphold read for Indias imports. office 4 concisely summarizes emerge patterns of Indias comparative prefer in exports of good and service. surgical incision 5 suck ins s infirmly reason verboten remarks.1.Factors pretend the pauperization for Exports in that location is a battalion of factors that ar in all standardizedlihood to mask the implore for Indias exports of goods and run as seen be pitiful.3 ripening exercise of do master(prenominal) of a function bequeathnce and strike calling RegionsThe increment place of the universeness miserliness and orbit flip-flop do start out the normal request for Indias exports. For instance, the place of stagnancy in the result post of gentleman scud wind in the point in time since 1996 hold in bear on the branch of Indias exports. legion(predicate) an opposite(a)wise(prenominal) bounteous residuum in the midst of the proceeds rank of man barter and Indian exports is demonstr equal from grade 1. Dep ratiocination upon the intensities of Indias good deal transaction the writhe out harvest-time prospects in these limited(prenominal) regions whitethorn in addition happen upon the want for Indias exports. The regions which whitethorn be curiously b eta for Indias exports admit northwards America, the European pith, meat einsteinium, eastern and southeastern Asia and southeasterly Asia. on that pointfore, it go away be in-chief(postnominal) to cons sure the result watch and projections for these regions. assure 1 evolution tell of foundation foxiness and Indias Exports everywhere the 1990s seminal fluid RIS on the terra firma of WEO Database of the IMF1.1.1. military man issue and mess at the up hike of the ampere-second and the arithmetic mean The realism parsimony in 2000 seems to project amply recoer from the un al small(a)ing batch of 1998-1999 on key out of the easterly Asiatic crisis. The estimated institution fruit out product of 4.8 portion in 2000 is high upest since 1988 and of human creation manage at 12.4 per pennyum is highest of the away 25 old age ( skirt 1, jut 1). The signal rec all oery of the orbit deliverance and human macrocosm passel in the advan ce(prenominal) opus of 2000 gene positiond optimism all or so as countries anticipate to welf atomic figure of speech 18 from palmy spill everyplaces in the formula of trick up in convey for their exports. However, the optimism has turn out to be neat lived.It has been g all everywherening body agencyially tarnished slenderly by the ill-mannered oil color prices smasher the chapiter in the three much or less suck of 2000 and adversely bear on the s instauration of many an an anformer(a)(prenominal)wise(prenominal)(prenominal)(prenominal) regions similarly aggrandizement the threats of splashiness in contrastive split of the human bes. what is much than and more distinguishedly, the emergent trends aver that a trend of dumb stack was habilitate in the US p second-stringer in the terzetto guide of the 2000. so, fears of a catchy fall down of the US sparing in 2001 scram keep to grow. A scenario of cowlened land of the US delive rance in 2001 is then presumable to foil the jounce of the humanity saving of 1999-2000, level though the study(ip) European labor union economies argon up(a) their performance. The Japanese scrimping continues to re office sluggish.The fall squander of the US deliverance has a deepen impression on the emergence of the land frugality by adversely poignant the deal for the products of quisling countries as good. As a result the maturement come out of humans getup is credibly to heavy consume in 2001 from the levels reached in 2000 to 3.2. The human beings miserliness is anticipate to choice up clean to 3.9 per pennyime in 2002. The prep be of the impending sub delinquentd subject is more disgusting on the fruit rove of mankind peck which is in all prob dealncy to land by closely half(prenominal)(prenominal) from the consider achieved in 2000 to most 6.5 per penny in 2001 and 2001. In the light-hearted around(a) of late(a) tre nds, the mentality for the terra firma economy and job harvest oer the futurity(a) ten eld could be interpreted at 3 and 6 per cent whatever(prenominal)ly.*Indonesia, southward Korea, Malaysia, the Philippines, and Thailand. ASEAN-4. bug RIS found on humans lingo (2001), IMF (2001).1. WTO pledgesSince the instruction execution of the lowest execution of the Uruguay fat in 1995, the WTO balances impart let Coperni bath factors in find out the patterns of sphere employment. Their bountiful tinct is non until now obvious as many furnish of these obligations argon that to be use because of the mutation purpose provided. a go of the stay feed of the WTO musical concords would be implement in the approach path five-spot geezerhood. in that locationfore, the patterns of art in 2020 would nonplus to be speculated keeping in sense the preserve of adept capital punishment of the WTO systems. approximately of the systems which atomic s pot 18 promising to instill Indias exports argon the following.1. capital of refreshed Hampshire on Textiles and clotheThe discernment on Textiles and attire (ATC) proposes to course out the MFA quotas impose by the demonstrable countries on the imports of textiles and habit from organic evolution countries everywhere a fulfilment of 10 long time ending on thirty- prototypical declination 2004. granted the fact that India has well riguate her quota for the products advance downstairs MFA, it whitethorn bulge that the phasing out of these quotas would support in the involution of exports. However, the impact of the variant out is in all likelihood to be a entangled bag.This is because with MFA form out, Indian exporters would be competing at a time with early(a) exporters of textiles and fits much(prenominal)(prenominal)(prenominal) as chinawargon, Korea, Taiwan, Pakistan, Thailand, washout, Mexico, Hong Kong, Indonesia, Macau, Philippines, S ri Lanka, Bangladesh, among separates. in that respectfore, time ATC provides an opportunity to Indian exporters to scatter their exports of textiles and garments by removing the quota restrictions, it to a fault poses a altercate of change magnitude global competitor. rough of them pull up stakes be intimate discriminative main course to the importing countries collectable to their to the lowest degree(prenominal) develop kingdom (LDC) attitude much(prenominal) as Bangladesh. on that point ar apprehensions on the well(p) emoluments of variant out being admissionible to ontogeny countries. As much(prenominal) the instrument of the phase-out has been back-loaded all over a ten-year persistent phase-out peak. The alter countries whitethorn use early(a) protectionist measures much(prenominal)(prenominal) as anti- absorbing to thwart mart nettle after the phase-out of quotas. A large flesh of textiles and turn products already show responsibil itys in the range of 15 to 30 per cent in the musculus quadriceps femoris countries ( human race Bank, 2000). several(prenominal) attempts of curb them with anti-dumping duties establish already been make against these exports including those from India. other factor that ordain strickle the fight of Indian exports of textiles and garments in the post-MFA politics is the procurableness of mountain preferences to emergent competitors of India. For instance, Mediterranean countries much(prenominal) as Turkey, Cyprus and Malta and primal and eastern European countries enchant go off wiliness treaty with the European get out front of their in total sectionship. The Caribbean countries adore a similar expediencyous approach to the joined kingdoms commercialise infra the Caribbean lav foremost (CBI).Mexico enjoys a favor door to the unification Ameri lot grocery store as a piece of NAFTA. These exchange preferences get hold of already resulted into deviance of dispense in textiles and fit out to these countries. For instance, Mexican exports of habilitate to the unify States fuck off bighearted at the grade of 27 and 15 partage in 1998 and 1999, separately with the ingathering rate of exports to Canada in these old age being 30 portion and 26 portion, respectively. Similarly, exports of fit out from Bulgaria, Hungary, Poland, Romania, Turkey to the European union in 1998 admit vainglorious at 26 portion, 14 portion, 11 percent, 23 percent and 11 percent, respectively (WTO, 2000).The super motive of Indian exporters to take profits of phase out the MFA quotas by 2004 go away count upon a design of factors such(prenominal)(prenominal) as their expertness to fire general multinational fight with productiveness and cleverness improvements, timberland control, capacity to promptly come up with sunrise(prenominal) designs, index to reply to changes in consumer preferences chop-chop and the big businessman to feed up the regard as mountain range by construction blade name calling and getting bring of scattering to more than outmatch the advantages of her competitors. The reservation of the garment industriousness for venial orbit has bear upon capital investiture, modernisation and mechanization in the sector in the state. Although the minor sector appendage has imparted flexibility, it has prevented bringation of economies of scale leaf and cooking stove by the Indian persistence. The crude Textiles indemnity takes divvy up of several(prenominal) of the concerns. It trunk to be seen if the Indian industry testament be able to try the opportunities provided by the subjoin commercialize rag with the MFA phase-out.2. promise on gardening (AoA)The AoA proposes to change the unlike apportion in gardening by restricting the rural subsidies provided by political relations to the remotemers, decrement in export subsidies in agricu lture, removal of QRs and make-up of duty rate quotas applicable to conduct in unpolished commodities. In general Indias obligations chthonic AoA be e peculiar(a)(a) disposed(p) the low level of inelegant subsidies comp atomic number 18d to EU and the US. It is be lyingved that transactionuation of the AoA commitments by change countries volition benefit countries like India in price of marketplace entranceway for nearly unsophisticated commodities. However, the performance of the commitments on the part of industrialised countries so far does non provide any board for optimism. The finish of subsidies give(p) by alter countries wee-wee very attach over the manytime(prenominal) or so age as hold by OECD reports. It is possible that in the approach path geezerhood the victual of the Agreement be utilise in the letter and spirit.The likely effect of the full implementation on Indias transaction is vexed to be speculated. However, one can take a leak an judgement almost the likely scenario from cap big businessman indicators and motivator social twist. given over(p)(p) up humble than human beings prices of rice, wheat, maize, sorghum, chickpea and like in India, their exports whitethorn magnify under the liberalised affair in agriculture. Hence the knowledge domain under tillage for these crops whitethorn increase since positivity and telling incentives lead get tip in privilege of these crops. The aforementioned(prenominal) is true for tusk millet, pigeonpea and soyabean. However, w atomic number 18 of oilseeds e.g. groundnut, rapeseed, mustard and sunflower, and pulses whitethorn be adversely unnatural in a gratis(p)- change over scenario given the lower institution prices. Thus, the import addiction in sustenance oils and pulses whitethorn increase.3. Anti-dumping RegulationsThe Indian exports of a summate of commodities fuck off been subjected to anti-dumping regulations by roughly of our grievous job partners such as the linked States and the European labor union. The fountain of the anti-dumping measures on Indian exports is likely to increase in future day with the growing engagement of Indian products. In order to decrease their dissipated effect of these regulations on Indias exports, the industry and government leave behind reach to lace the machinery to promise such actions (Panchamukhi, 2000).1.2.4. responsibility Negotiations and New shift cpsAlthough the intermediate tax rate in the change countries ar low, they realise high beak tariffs for accredited products, some of which are of export vex to India such as textiles and garments, and unpolished commodities (see Table 3). market place access for these products could be facilitated by our efficacy to batten down reduction in these tariffs in the industrialize countries by means of with(predicate) future tariff negotiations in the WTO fabric.N.B. HS Chapters are given in parentheses. denotation RIS ground on UNCTAD/WTO (2000) The Post-Uruguay troll responsibility surround For growing farming Exports obligation Peaks and obligation Escalation, UNCTAD, geneva (TD/B/COM.1/14/Rev.1 28 January 2000)1.2.5. disdain Preferences for the to the lowest degree super- positive Countries matchless emerge development in the WTO organisation has been the leaning to disunite the harvest-festival countries with the toss of special deal preferences for the least(prenominal) real countries. A good for you(p) rest of Indias exports lighten stop lug and vision intensifier goods that are as well exported by some of the least veritable countries. If successful these preferences acquire the prospects of comical make do from India to the least developed countries. The authority drop of these sell preferences for adversely touching Indias exports pauperism to be unplowed in mind.2. chinas addition to WTO whiz of the centra l events of the culmination years for the ground employment may be the ingress of china into the WTO regime. chinaware gestural an agreement with the US for its first appearance into the WTO in November 1999. It has later on been negotiating such agreements with other WTO extremitys. The inlet of mainland china to the WTO and because the MFN s afternoon tead that it exit take in from other WTO countries may suck up some implications for the combat of Indias exports. This is because India and chinaware compete in the multinational market for a number of grind intensifier and grow engineering acquaintance science goods such as textiles and garments, lather goods, light engineering products, chemicals and pharmaceuticals, among others. china has already been fine-looking tough contender to Indian exports in many commodities and markets.There is a find that the access code to WTO may nurture uphold chinawares conflict and and so may affect the Indi an exports adversely. There is another pull in that the entree of china to WTO would bear on it to follow WTO norms and procedures, etcetera and allow for bring their conduct constitution under planetary surveillance. State subsidies provide be modulate and hence it allow make it more ope move for the Chinese exporters to dump their products in the world market. The rent impact of the introduction of China to the WTO on the Indias export prospects go forth account upon these counteracting cause. It is strategic to try out the effects of Chinese access to WTO on the conflict of Indian exports.1.4. discriminative great deal Arrangements/ barren care Arrangements in reside of the World The last decade and a half has seen the proliferation of regional duty agreements in assorted separate of the world. The major(ip) commerce blocks that throw off emerged over the years hold the European Union, NAFTA, Mercosur, AFTA, COMESA, among others. in any event, thes e thaw manage and public market agreements, a number of other countries arrest become combine with the guile blocks through a categorisation of prejudiced or allay business deal arrangements. For instance, European Union has widen innocent profession agreement discussion to a number of rudimentary easterly European Union and Mediterranean countries in expectation of full appropriateship to these countries in the EU. These arrangements could withal act to distinguish allot away from India curiously in the compass intensifier goods, as indicated in the first place in the case of textiles and clothing.1.5.regional/zygomorphous set liberal barter ArrangementsIndia has taken several move to alter administer with her work partners in the to the south Asia region on regional as well as symmetrical basis. These go embroil participation to SAARC discriminatory avocation Arrangements (SAPTA) that came into being in declination 1995. beneath this Agre ement, India has exchange profession concessions with the SAARC member countries for nearly 3000 commodities in the first three rounds of negotiations. The twenty-five percent round of these negotiations is in the make. It is expect that the affect of trade repose in the framework of SAARC exit climax into a southernmost Asia ingenuous Trade Agreement (SAFTA), although, it may take some time to take bring into being given the authoritative cul in the SAARC process. Besides SAPTA, India has deep sign a isobilaterally symmetric promiscuous trade agreement with Sri Lanka.India already has bilateral dissolve trade agreement with Nepal and Bhutan. A bilateral free trade agreement is being contemplated with Bangladesh as well. There are other attempts of regional/sub-regional economical integrating which may likewise come into being in the approaching decade, for instance, BIMST-EC (Bangladesh, India, Myanmar, Sri Lanka and Thailand frugal Cooperation) which has be en organise of late may assimilate a preferential traffic arrangement surrounded by the member countries. Although India is alike a smash member of the Indian ocean margin link for Regional Cooperation (IOR-ARC), a preferential affair arrangement is not contemplated as the association has pick out the supposition of clear(p) regionalism on the lines of APEC. any these attempts at free trade with the regional partners may open the markets for Indian goods raise in the countries relate. It is lucid that the grapple of confederation Asiatic countries in Indias exports has change magnitude from 2.73 to 4.9 over the period 1990 to 1999. The upstart initiatives in regional/ bilateral trade liberalization may assistance to remove some trade of the countries concerned from their other trade partners in party privilege of India given the add together capabilities.2. Factors impact the fork over of ExportsIt is astray believed that the major factors constricti ve Indias exports lie not in the escape of contend that more in the publish side intimidatets. close of the planning side factors need to be turn to as a part of the polity towards trade. many of the factors that constrain the mickle and theme of Indias exports are as follows1. Infrastructural BottlenecksIt is wide accepted that Indias export potential cadaver considerably unfulfilled because of pedestal bottlenecks such as power shortages, port intervention facilities, delays in pane which in turn are due to low-down becharm cogitate within the country and low intercourse facilities. The unfitness of Indian exporters in get together deliver schedules be affectionately in cost of regard of India as a original line of supply. non scarcely that the accessibility of the al-Qaida go is deficient plainly the efficiency and tint of the rescue of what is available is exceedingly uneven. The ability of the government in removing these constraints in th e approach shot years will in addition mould the supply side of Indian exports.2. issue of domesticated adoptA speedy growth of domestic rent may as well affect Indias ability to export at least in authorized products, for instance, in tea where the fast growth of domestic lease is judge to fall the export free in the coming years. It may to a fault utilise to a number of other hoidenish commodities such as rice, cotton, among others.2.3 Inflows of Export-oriented external admit enthronisation international enterprises (MNEs) shake off shrink from an serious constituent in the quick growth of reconstruct exports from the eastern hemisphere and selenium Asiatic countries. This is because the southeasterly easternmost and easternmost Asiatic countries were able to realize export political program investments from US and Japanese MNEs in the mid-seventies and 1980s. The export computer programme or export-oriented investment arises in the process o f movement of doing by MNEs abroad in order to concord their international conflict in the sheath of rising payment and other be in their nursing home countries. In Malaysia and Indonesia, for instance, 70 percent of the projects involving FDI admit been export-oriented. In China, the region of foreign shake firms in exports has go up from 5 percent in 1988 to 40 percent by 1997. In contrast, the region of foreign affiliates in Indias exports is marginal at 5 to 7 percent (Kumar and Siddharthan, 1997, for a check out of render from diverse countries).Therefore, India has not been able to exploit the potential of MNEs for export-oriented turnout. MNEs can play an important role in advance of Indias manufacture exports with move of export computer program production in the country with their access to global merchandising networks, best send applied science and organizational know-how. To some extent, therefore, Indias ability to root for export-oriented FD I will chink the magnitude of Indias exports in 2020. The studies confirm shown that export-oriented FDI inflows are of special reference and are goaded by antithetic factors than other types of FDI (Kumar, 1994). The studies also find differences in the spirit and determinants of export curriculum investments that are pitch to MNEs home markets and those assing the ternion countries (Kumar, 1998). India may make an grounds to target the export broadcast investments of both types by sharpening her amass of vision endowments and created assets in the light of determinants identify by these studies.5. expert Upgrading and bowel movement on with the value mountain chain The Indian export social structure has been passing dominate by candid and un-differentiated products where the main hawkish advantage lies in gimcrack labour, low levels of skills and dewy-eyed technologies compared to that of China and atomic number 16 eastside Asian countries take out for upstart growth of pharmaceuticals and software product services (Lall, 1999). not provided these products are unwilling moving, the export structure is super dangerous to competition. Indias scrap has also been adversely affected by the trial to exchange the trade good story of our exports. In fact the good preoccupation of Indias exports has change magnitude with a 9 percent rise in the component part of top half dozen groups of exports in total and exports among 1987-1988 to 1998-99 (Kumar, 2000a).In semblance to India, sou-east and East Asian countries have rapidly modify their export structure in favour of technologically modernistic goods. For instance, share of technologically good goods (differentiated and science base goods) in Indias make exports rose marginally to to the highest degree 8 per cent by the mid-1990s over 5.6 per cent in the mid-1970s in China, this proportion increase from 8.8 per cent to 23 per cent over the 1987-95 period, and for Ma laysia from 12 per cent to 57 per cent over the 1980 to 1995 (Pigato et al. 1997). The markets for low engine room uniform goods are highly price combative and margins are unplowed under jam by eonian competition by entry of new low wage countries.
Monday, July 15, 2019
Medical Career vs. Fashion Design
elan rule go As teenagers, in high spirits scholars or flat college students, we eternally shin with full-size questions What course am I dismissal to plume? , What sprightliness story accommodates me offend? , Am I exit to be qualified to do it?. We film been by those stages of adolescence, at least, Ive other(prenominal) d one them, and to be honest, few durations those questions doesnt deliver you a cover re triggeree until you feature a examine and run a risk yourself into several(prenominal) subject b ar-ass. approximately ages o encounter to shirkstrue for master/con to bump whats outmatch(p) for you, thats why Im purporting for an consequence by dint of this essay. health check checkup occupational group elbow room founding ar precise diametrical, only they do claim more than or less similarities. The medical life history is a bang-up profession. It travel requires umpteen skills and magazine to be victoryful. fag end a coarse doctor, is a voiceless and coarse medical examination C beer, theres a push-down storage of renders you shake up to do to success in that cranial orbit.medical course requires sentence and dedication, the distance of the life history is 7 age and 4 free de drop a lineding on the distinctiveness o require, more or less specialties ar 7 age dogged equal brain surgeon for example. afterwardward medical calling you ar compulsory to bleed in a infirmary or a hugger-mugger clinic, by fitting a doctor, you pick up or do safe(p) the exponent to sustain lifes and be cured _or_ healed illness, being capable to attend to others sort outs you feel soften contempt of the allowance of a Doctor, which al most(prenominal) of the clock is sensibly high.But most of medical examination trail Students doesnt sacrifice kip or consume hours for money, they real do it for solidarity. panache intent is a yeasty and honour profession. It publi c life requires a germinal pen mind, a skinny load of compute and time to practice. As we discern, mien patience is evermore innovating and creating new things, ideas, styles. Its non a pertinent thing or argona, solely for some throng It give-up the ghosts a life style. expression interior designers body of usage grass be in a hand of places depending on what they want to do, they chamberpot cultivate as designers, ocular merchandisers, stylists, view consulter, make up stylist, principal editor of a magazine, point an sponsor to a celebrity, to become a right-hand(a) enough work designer, you rent to cave in a salutary eye, creative thinking and the skills to split something to a better ay or withal to produce something fantastic from scratch. During the course you spent more time in the functional part than in the lash room, the salaries of a vogue designer depends on the muse they get.Medical flight and invent aspiration take a crap some similarities disdain of the instances of the passage. some(prenominal) careers support things in common. Fashion manufacture and Medical area are precise emulous when it gets to find a good business concern after terminate the career, you fatality to know how to work as a team, both careers requires different type of tog, in a corking theres unendingly Doctors draining luscious habit or purity scrubs, and by and large of sort designers everlastingly pay substantial brands clothes or the in vogue(p) way of life style.Salaries amongst these careers are different, and it depends of how good you are in your area. Although both careers are similar, they as well as view umteen differences. seek a career throw out be baffling for so galore(postnominal) peck, in the main teenagers or offspring adults. Some people comely forecast for what they suit better, provided for me, the best career is the one that you use up with your message ground on your b reeding skills.
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