Assignment 4 Essay Example | Topics and Well Written Essays - 750 words

Assignment 4 - Essay Example Similar was the case when MRP II (Manufacturing Resource planning) came, it also worked on certain functional areas of an organization and other areas could not yield benefit from it. From 1975 till 1990 all the key players (Baan Corporation, Oracle Corporation, SAP, PeopleSoft) which now provide ERP solutions laid their sound foundation in the industry providing business solutions at various levels and each focusing on its core competency area. Though the actual development of ERP started from 1990’s onwards; people still argue that ERP existed in the form of earliest Inventory Control Systems MRP& MRP II only with additional facilities of integrating organizational activities and cross departmental communication. ERP in 90’s decade focused more or integration of business activities across functional departments and introducing of other business functions including CRM,SCM etc. Now the key ERP developers are working towards a web enabled ERP system making it much more user friendly allowing external access to authorized users. As the time passes ERP is now moving towards an ERPII which will further improve and enhance its competency and efficiency. Q:Briefly describe two main players (SAP and Oracle) in ERP market and explain what components are common in the two players’ ERP products Ans: SAP’ the venture was a joint effort of five former IBM employees who in the mid 70’s sat down with a vision of developing a software which would integrate business functions and process while setting certain standard in the market. As of 2009 SAP is the largest enterprise software company in the world best known for its ERP and business solution providing. On the other hand some 35 years ago initially two computer programmers later on joined by the third started working on an already present prototype on which no one was willing to put an effort into. They at that knew that using this prototype they can revolutionize the business computing. Oracle best known for its flagship product and Oracle Databases became the second largest enterprise software provider in the world after acquiring PeopleSoft in 2004 and by 2007 oracles had the largest software revenue. Both SAP and Oracle provide business solution hence they are working on the same line. Modules for business functions like CRM, SCM exist in both their ERP’s. Both are customizable according to the needs, environment and culture of the organization along with pursuing SaaS (software as a service) . Strategy of both have now changed to taking more time in implementation i.e. to satisfying the customer completely but at the same time the cost escalates aswell. SAP & Oracle both have their similarities and weakness but in the end it depends upon the structure of the organization and in the end result can vary for each individual organization. Q:What will ERP fix in a company? Ans: Implementation of ERP in an organization although is costly but in the long run i t bears more advantages then initially invested. Mainly organizations choose ERP to integrate and align the business functions and intra organizational as well as inter organization communication. ERP eliminates the risk and threat of manipulation of financial data by introducing data integrity throughout the organization. As all

The History Of Canadian Immigration

The History Of Canadian Immigration The History of Canadian Immigration is far from idyllic. Contrary to the myth cherished by most Canadians, immigrants were not always welcomed with an outpouring of compassion for the worlds downtrodden, oppressed and displaced. They were brought here to work and Canada was not about to coddle them. They toiled at back-breaking jobs ploughing farmland, laying railroad track, mining and cutting timber. They were sometimes shunned, patronized and exploited. (Malarek 1987) History repeats itself goes the saying. Decades later, the situation is the same except that, I would say, immigrants are most welcomed now, particularly highly skilled ones. They come to Canada and the majority of them are still toiling at back-breaking jobs. I decided to conduct this research after meeting many of my fellow co-workers who happened to be from my native homeland at my workplace (a call centre in Markham, Ontario) in the year 2005. I was a freshly landed immigrant, happy to have secured a transit job. I am using the term transit because I thought it was just a beginning, eventually I would land a job in my field(a teacher by profession, myself), but this hope was short lived. I was appalled to learn that people who were chief engineers, doctors, accountants (the list is exhaustive) in Mauritius, had been working as call centre agents for the last 3-4 years at that same location. I wanted to inquire into the myth and the reality of this phenomenon as it became evident that high skilled immigrants from Mauritius are underemployed in the Canadian workforce. Is Canada indeed gaining from these brains or are they simply brain drains for the sending country? The myth of securing a white collar job in Canada is short lived by the reality of the Canadian job market or rather the Canadian immigration system. The The 2008 Canadian immigrant labor market: Analysis of quality of employment (Stats Can) shows that more than 1.1 million workers aged 25 to 54 who had a university degree were working in occupations whose normal requirements were at most a college education or apprenticeship. The share of immigrants with degrees who were over-qualified was particularly prevalent among university-educated immigrants who landed within five years before the survey. Literature Review A hundred years from now, I dont suppose people will care all that much whether we legalised marijuana or not. But decisions about who you let into Canada will decide the kind of country we have 100 years from now on. Richard Tait, chairman of Canadian Immigration and Population study, Green paper 1975. (Knowles 2007) By the beginning of the 1980s, Canada was considered one of the primary countries responsible for global brain drain. Already in 1976, 59% of its approximately 150 000 immigrants were from developing countries in Asia, the West Indies and Africa. The demographic characteristics indicated a predominance of young adults whose intended occupations reflected their high levels of education. (Tanner, p.35) In an October 1999 speech, Elinor Caplan, the Minister of Citizenship and Immigration at that time consciously said: Our goal is to make Canada a place for brain gain, not brain drain.(Tanner, p.39) The situation was alarming as studies showed that many of the well educated high-skilled immigrants from developing countries were working in low -salary jobs such as taxi-driving or marketers. Furthermore, 29% of male immigrants aged 25-44 who had arrived in Canada since 1991 were still unemployed. Canada has been extracting high cost immigrants from underdeveloped and developing countries, but simultaneously has not been able to optimally utilize the human capital invited to the country. It is clear that skills which are the basis for entry under the actual screening system, are being considered as mockery. (Tanner, p.39) Point System Canada actively seeks to recruit skilled workers from abroad. Immigrants must be highly educated and have broad based skills. Prospective migrants are selected through a point system that targets people less than 45 years old. It is clear therefore that the point system is in itself is categorising people according to their brains. Applicants are evaluated before migration on a number of human capital characteristics such as occupational skills, academic qualifications and money. Currently, 67 out of an available 100 points are required for an applicant to be successfully admitted. Educational credentials are awarded up to 25 points, official language knowledge is awarded up to 24 points, work experience is awarded up to 21 points, and the remaining 30 points are earned based on age, adaptability, and arranged employment (maximum 10 points each).(Li 2003) The Economic Class in Canada is designed to facilitate entry of skilled immigrants who are well prepared to adapt to Canadas labour market and economy. Similarly, a study by Picot and Hou (2003) found that in spite of the purported opportunities created by the knowledge-based economy, having a university degree did not protect recent immigrants from the increased likelihood of being low-income, regardless of their field of study. Indeed, the largest difference in low-income rates between the Canadian-born and recent immigrants was among university graduates, particularly those with engineering applied science degrees. Skills discounting, which refers to the devaluation of foreign experience and credentials, is understood to have two main causes. First, employers likely have imperfect information on the migrants source country, especially as source countries shift from European to Asian and African. It is unrealistic for Canadian employers to know, or even take the steps required to d etermine, the quality of international educational institutions, the curriculum of those institutions academic programs, and the relevance to the Canadian labour market of the skills imparted to their graduates. In response to this uncertainty, Canadian employers may adopt a risk-averse strategy, giving preference to Canadian experience and accreditations. There is evidence to suggest that there is considerable variance in the quality of foreign earned credentials (Sweetman 2004). In some cases, while the title of the foreign credential may be the same as one conferred in Canada, that foreign credentials actual contribution to Canadian labour market productivity is significantly less. This discrepancy certainly warrants caution from Canadian employers as it results in shocking waste of talent. It is now widely spread and acknowledged in the world that Canada is doing a poor job by not recognizing the skills and the work experience of high skilled immigrants. Basran and Zong (1998) showed that many foreign trained immigrants in professional fields experienced downward mobility in Canada and that an overwhelming majority of respondents attributed their occupational disadvantage to the problem of foreign credential devaluation. On one hand the point system favours professionals but on the other hand, overseas immigration officers do not point out the obstacles newcomers face in obtaining employment in their field of expertise. Mark Stolarik, a university of Ottawa history professor claims that immigration officers deliberately mislead professionals by not warning them against the closed stops of many Canadian professions, especially medicine. This drawback not only has serious implications within these immigrants community but it also affects the Canadian economy. According to the Conference Board of Canada, the frequent failure to recognise the qualifications of present day newcomers robs the economy of as much as $ 3.4 billion annually. (Knowles 2007). In light of the above, a study of the career path of highly skilled immigrants who left prestigious positions in the Republic of Mauritius for Canada; thinking that the pastures are greener here than there is sought. The research will also consider the effect of this abnormality in the family and the damage to the health of the main applicant. Research Question and Hypothesis. My general research questions are: Do highly skilled immigrants find employment in Canada that matches their skills? If immigrants are underemployed, does this represent a brain gain for Canada? Do highly skilled immigrants leave behind prestigious positions when immigrating to Canada? How far is the point system of immigration responsible for the deceit among the Mauritian immigrants in Canada? Is Canada injecting money in her economy by forcing highly skilled immigrants to re-certify themselves? My more specific questions will be: Why do Mauritians immigrate? What are the pull and push factors involved? What do you think will be the job prospects in your field? What if the Canadian pasture is not as green as expected? I hypothesize that high skilled immigrants from Mauritius are being duped by the point system in place to qualify as potential immigrant to Canada. Looking at their underemployment in the Canadian workforce, they seem to have been a brain drain for Mauritius rather than a brain drain to Canada. Research Design and Method I will conduct my research as participant observer in employment agencies across the three metropolitan cities of Toronto, Montreal and Vancouver. These are the cities where majority of Mauritian immigrants settle with their families. I will also be conducting targeted interviews among highly skilled professionals. It will be necessary to do a comparative research in order to get a better insight of what is happening across Canada, this will help to eliminate biases to some extent. By extending the study throughout these three cities, I will be able to determine if Mauritians settled elsewhere, other than Toronto, are being favoured based on their ethnicity and language ability. I will point out here that Mauritians are multi ethnic (Muslims, Hindus, Anglo-Saxons, Jewish, Chinese, Negroes and Tamils).They are all officially bilingual (English and French).Anglo-Saxons of French descent and Negroes choose Montreal as their new home because they are the most avid French speakers in Maur itius and they carry the hope of securing a job based on their qualifications due to that advantage.. I will want to know if these people are encountering the same problem as their counterparts in Toronto or Vancouver .I suppose they might be luckier since Montreal is French speaking. My research will be cross-cultural as I will be studying 3 samples of each ethnic group in each city. The research will be divided into 2 groups: those who are already in Canada and those who are applying for immigration to Canada. For that latter part, I will travel to Mauritius and I will carry my research there for a period of 10 days. My study in itself will last 12 months. To get samples, I will target areas inhabited by different ethnic groups. This will be made possible by attending the community worship places on Sundays. Once I get 1-2 people, I will proceed by snowballing; this method involves contacting other people through a first set of known people. I will advertise my research project in strategic areas such as in the vicinity of immigrant help centres and schools. These will not be necessary in Mauritius due to its size and the familiarity with the island. I will consult the Citizenship and Immigration Canada and the Statistics Canada websites as well for a detailed analysis of high skilled immigrants employment. Notebooks, audio and video recordings will be used during the entire process and a daily analysis will be done and recorded accordingly. Ethical Considerations and Practical Problems It goes without saying that ethics and piratical problems will be part and parcel of my research. I am speculating forward to raising painful memories amongst the immigrant groups, particularly those have had to sell all their assets back home to be able to afford the cost of immigration. I will point out that here that a family of four persons should have a minimum of $15000 Can (which approximately amounts to 450 000 Mauritian rupees, that is a considerable amount of money for the working class in Mauritius).In many a case, people either sell their property or borrow from others to afford the move, which is considered a matter of privilege that is not given to everybody. With this in mind, people might not want to go back home after realising that their degrees have no worth in Canada. How can they face their family and friends, what will they tell them and where will they live? Another problem could be the fear of being recognised on television through the documentary, they do not want people back home to learn about their condition through me. They will not be willing to be interviewed by a citizen of their country for that purpose. Shame will definitely act as a barrier between us. While some will repulse me, others will accept to talk to me and by so doing; they will pretend to be happy. They will not be eager to show their suffering to people of Mauritius ever since their arrival, they will probably be lying about their job status by pretending to be working in their field of origin. People do not want to become a laughing stock of others they have left back, particularly those who might have been jealous with their big move. So, they will definitely not want to speak about their frustration and deceit. Gender discrimination is another factor that can influence my research negatively. Mauritians have the habit of underestimating the capabilities of women; therefore I will expect my respondents to either not talk to me at all or show superiority complex towards me. They might want to make me feel low. Others, who like the anonymity of the big city, will not bother to come forward to introduce themselves to me or even worse to participate in a TV documentary. On one hand the fact that I am a Mauritian too, might push me to over identification, in the sense that I might be tempted to share my subjects problems by intervening. I might become emotional on witnessing their situation. On the other hand, I might hesitate to tell future immigrants about the under employment problem endured by Mauritians in Canada. I will be ill treated. They will take for granted that I will be discouraging them from moving or they might say: What are you doing there then? By not saying anything to them, will I not be unethical in my research? Considering the above points, I am sure to be biased in my research to an uncontrollable extent. For the purpose of this research, I will hold all of my information like names of people, names of cities and any information of sensitive nature in strict confidence. Pseudonyms will be used .I will be the one video recording my subjects and I will make sure their face appears as scrambled on TV.I will even try to use technology to modify their voices. These conditions will be discussed with them beforehand and by so doing, I will be protecting the identity of my respondents. Primary reference: Books Campbell, C. M. (2000). Betrayal Deceit: The politics of Canadian immigration. West Vancouver, BC: Jasmine Books. The author goes analyses the sensitive issues around the Canadian immigration. He enumerates some of the myths of immigration, namely, the rate of annual immigration, low birth rate and immigration, need for a larger population, contribution of immigrants in the Canadian economy and job creation amongst others. Kapur, Devesh McHale John. (2005). Give Us Your Best and Brightest: The global hunt for talent and its impact on the developing world. Washington, D.C.: Center for Global Development. The authors discuss the impact of globalization on migration around the world. They also talk about how talent hunt results in brain drain due to this phenomenon. Knowles, Valerie. (2007). Strangers at Our Gates. Canadian Immigration and Immigration policy, 1540-2006. Toronto, ON: Dundurn Press. The author gives us an insight of the beginnings of the Canadian immigration, the arrival of the European settlers and the Jewish settlers. She also talks about the post war boom and the implementation of the point system. She differentiates between the advantages and disadvantages of the system. Li, Peter S. (2003).Destination Canada: Immigration Debates and Issues. Don Mills, ON: Oxford University Press. Its a book about the history of immigration and globalization and how the latter has created numerous opportunities for high-skilled immigrants, mainly in the U.S, Canada and Australia. It also talks about how these countries are benefitting from the mobility of these highly skilled professional immigrants. Malarek, Victor (1987). Havens Gate: Canadas Immigration Fiasco. Toronto, ON: Macmillan of Canada. The author writes about how immigration has impacted the social and economic fabric of Canada. He discusses the crisis immigrants undergo and the position of politicians with respect to it. Tanner, Arno. (2005).Emigration, Brain Drain and Development: The Case of Sub-Saharan Africa. Helsinki, Finland: East-West Books Helsinki, Finland and Migration Policy Institute. The author gives an insight of how international migration is increasingly becoming a matter of selection. He shows how international and educated labour from developing countries to developed countries is considered a win-win situation. He writes about how this can have serious unintended impact for countries of origin. Journals: Beine, M., Docquier, F., Rapoport, H. (2008). Brain drain and human capital formation in developing countries: Winners and losers*. The Economic Journal, 118(528), 631-652. doi:10.1111/j.1468-0297.2008.02135.x This journal article talks about the impact of brain drain on developing countries. Chetsanga, C.J. (2003). An Analysis of the Cause and Effect of the Brain Drain in Zimbabwe. Harare: SIRDC It is a research study carried out to inquire into why Africans (Zimbabweans) leave their country to settle elsewhere. The writer talks about how the Diaspora should play a role in reducing the push and pull factors triggering the desire to move. Kabra, Nayan K. (1975).Political economy of brain drain. Reverse Transfer of Technology. New Delhi: Arnold-Heinemann. Kabra discusses the effects of brain drain and how the latter can turn into reverse transfer of technology. Oreopoulos, P. (2009). Why do skilled immigrants struggle in the labour market a field experiment with six thousand resumes? Vancouver, BC: Metropolis British Columbia. Retrieved from http://site.ebrary.com.ezproxy.library.yorku.ca/lib/oculyork/docDetail.action?docID=10298809 The researcher investigates responses to job postings targeted by recent immigrants landed under the point system and that of non immigrants in an employment agency in Toronto. He gives the readers surprising results. Please come, we need you. (2002). Economist, 363(8268), 36-39. Reitz, G. Jeffrey. (2001). Immigrant Success in the Knowledge Economy: Institutional Change and the Immigrant Experience in Canada, 1970-1995, vol: 57 iss: 3. Reitz examines the institutional changes associated with the emergence of a knowledge economy specifically the expansion of education and the changing labor market structure, shaped employment experiences of newly arriving immigrants to Canada over the period 1970-1995 doi: 10.1111/0022-4537.00230 Roisin, Anne-Christine. (2004, December). The Brain Drain. UN Chronicle, 41(4), 51-52, 57. Document ID: 809767831. Roisin discusses the benefits and losses of skilled migration and the role of the government sand international bodies with respect to the phenomenon. Schwanen, Daniel. (2000).Putting the Brain Drain in Context, 140 8001-824. Somerville, Kara Walsworth, Scott (2009). Vulnerabilities of Highly Skilled Immigrants in Canada and the United States, American Review of Canadian Studies 39: 2 Retrieved from http://www.informaworld.com/smpp/title~content=t906519462 Togman, J.M. (2005).The suffering of the Immigrant. International Migration Review, v. 39 no.2 Retrieved from http://gateway.proquest.com.ezproxy.library.yorku.ca Websites: Citizenship and Immigration Canada http://www.cic.gc.ca/english/resources/research/index.asp Statistics Canada http://www.statcan.gc.ca/pub/75-001-x/10604/6921-eng.htm#aut Galameau, Diane. Morissette, Renà ©. (2004). Perspectives on Labour and Income. Immigrants: Settling for less? Vol.5, no. 6 This online article talks about the hurdles of highly qualified immigrants with respect to finding an appropriate job in Canada. The writers discuss the factors influencing this state of things and make a comparison of these immigrants to their Canadian born counter parts. Interviews: Informal interviews have been carried out. Neighbours, friends and some close relatives have been informally interviewed with respect to the subject matter. Additional Readings: (Biles, Burstein Frideres, 2008). Immigration and Integration in Canada: In the Twenty-first Century. Kingston, ON: Queens University Publications Unit. (K. Dewalt, 2002; B. Dewalt, 2002). Participant Observation: A Guide for Field Workers Walnut Creek, CA: Altamira Press. Glazer, Myron.(1972). The Research Adventures: Promise and Problems of Field Work. New York: Random House. Hellman, Judith, A. (2008). The World of Mexican Migrants: The Rock and the Hard Place. New York: The New Press. Jankowski, Martin, S. (1991).Islands In the Street: Gangs and American Urban Society. Los Angeles, CA: University of California Press. . .

Lord of the Flies essay :: essays research papers

Importance of Leadership Leadership is something that stands out in people. In a group, people tend to look to the strongest person to follow. However, the strongest person may not be the best choice to follow. In Lord of the Flies by William Golding, Ralph and Jack each have leadership qualities. Jack is probably the stronger of the two; however, Ralph is a better leader. He has a better understanding for the boys. He also has more common sense and treats the boys better than Jack.   Ã‚  Ã‚  Ã‚  Ã‚  Ralph shows that he has a better understanding of the boys than Jack. He knows that the boys need some sort of order on the island in order for them to survive. He starts a simple form of government and sets a few rules for them. Even though they don’t last very long, the fact that he tried to help the group is what makes him a better leader. Ralph’s wisdom and ability to look toward the future also has an advantage over Jack. He has a sense to keep his focus on getting off the island. When the fire goes out, Ralph gets upset because the chance to be rescued was gone as well. Ralph enforces his role of leadership as he gives the boys a sense of stability of an authority figure. He keeps the boys in pretty good order at the meeting by making a rule that they can only speak if they have the conch. Ralph knows that the littleuns are afraid and they need shelter to feel more secure. They work together for a while, but as the time goes on the smaller boys want to go play. They slowly lose all their help until Simon and Ralph are the only ones left to work on them. Ralph knows that this is a necessity and keeps bringing it up at the meetings. Jack, on the other hand, is doing nothing but causing chaos.   Ã‚  Ã‚  Ã‚  Ã‚  Jack fails to realize that the boys need security, stability, and order on the island Jack was a leader of the choir before the boys landed on the island. These boys, who were in the choir, still want to follow Jack; however, they have no discipline at all. The only thing that is on Jack’s mind is hunting. He doesn’t care about anything else, except capturing and kill the pigs for some food.

Discussing ‘Phonics They Use: Words for Reading and Writing’ Essay

Learning ‘phonics’ for reading and writing improves a science class, indeed. Cunningham’s book shows vivacity and optimism; free from obscure and often pretentious language marked by circumlocutions and long words. As an analysis, the author determines the significance of a method of teaching beginners to read and pronounce words by learning the phonetic value of letters, letter groups, and especially syllables, particularly for the high school science class. However, there are circumstances in which a high school science teacher becomes annoyed and aggravated; since, he/she handles science class, it is no longer his/her job to teach the pronunciation(s) of every science and/or technological terminologies/terms, which should be undergone during an English class. Thus, it is a waste of time. Part five of the book (Coaching, Assessment, Research, and Jargon) brings with methodological conceptions, assessment and theory for teaching students one-on-one. Examples concern â€Å"beginning reading strategies† (p. 173), â€Å"sight word, decoding, and spelling behaviors† (p. 177), and a marking system for any 100-word reading assessment (p. 175). The Theory and the Research—The Why Underlying the How (chapter 14) shows an assessment on phonics (a method of teaching beginners to read and pronounce words by learning the phonetic value of letters). As an analysis of the entire view, it is necessary for a high school science teacher to use such an educational tool and take the required test of phonics jargon. Hence, using phonics is an aid not only for a high school science teacher but also for the whole class, indeed. Cited Works Cunningham, Patricia. â€Å"Phonics They Use: Words for Reading and Writing. † Fourth Edition. New Jersey: Published by Allyn & Bacon, 2004. 224p.

Douglas Spalding Essay

Douglas Spalding was the architect of ethology, the scientific study of animal behavior. He started his research in the mid 1800s. His studies discounted British empiricist claims that animal skill regarding depth, distance; perception and sound localization were learned by the animals while they were young. Spalding study of ethology involved the determiner of behavior such as instinct is behavior that is predisposed or shaped by natural selection or innate pre-programmed behavior. To address the British empiricist claim that perceptual abilities did not require experience, he conducted an study dealing with instinct. He open a portion of an egg where chicks, baby chickens, not girls, where about to hatch and just before their eyes opened, he opened a piece of the egg, and covered the chicks head with a hood. After removing the hood; the chick showed no effects of not being able to see and was able to locate insects to eat, thus showing innate behavior is extremely valuable in animal behavior and not experience. Critical period research is learning that occurs at a specific age or life stage. Critical period is behavior that’s developed within a specific time frame. Spalding withheld chicks from the mother for 10 days. The chicks didn’t hear or see their mother for ten days. Spalding introduced the chicks to the calls of the mother; however, the chicks did not recognize their mother. Spalding observation showed at particular stages in life innate behavior is developed with a specific time. Spalding experiments and observations supported the claim that animals innate behaviors not experiences is a determiner of behavior.

Free Essays on The Great Depression

Before going into the subject of The Great Depression I would like to talk bit about money, the term money basically has two different types of meaning. We often speak of someone â€Å"making money,† when we really mean that he or she is receiving an income. Money is a term referring to a flow of income or receipts per week. Often times we also speak of someone having money in either his or her pocket, safe-deposit box or on a savings account. Under these conditions, money refers to an asset, as well as an item on a profit and loss statement. (Money Mischief, pg 8) The late 1920’s were a decade of economic boom. New houses and apartments were created, and the nation’s capital expanded. At the beginning of 1929, the unemployment rate was at a low 3.2 percent. But as that eventful year unfolded, increasing signs of economic weakness began to appear. Unemployment went up to 25 percent and the Real Gross Development Product (GDP) declined at 29 percent. (Macroeconomics, pg 376) Prior to the stock market crash, the nation was relishing in a state of jubilation. Confidence levels were elevated and the stock market was up. Everybody seemed to be making a fortune by speculating in the stock market. Between August and September 1929, almost 1.1 billion transactions were made (NEEDS CITATION). But in actuality, most people in the country did not have the extra money to invest in the market. Those few that did invest increased their buying power by borrowing money (The Great Depression pg 31). However, as banks and businesses reacted to cut costs or declared bankruptcy, unemployment rose at an alarming rate. Relief organizations were quickly overwhelmed and unemployment offices were swamped with applicants. Meridel Le Sueur was a young writer who wrote an article about what it was like for women seeking work in an employment office. She describes the frustration and humiliation of proud people waiting all day for jobs t... Free Essays on The Great Depression Free Essays on The Great Depression The soaring stock market became a symbol of prosperity, seeming to signify the capacity of the American economy for production of wealth. Though limited by today’s standards, the number of Americans drawn into the stock market grew quickly and was far greater by the late 1920’s than ever before. Because of this, when the crash came, it had a stunning impact on the confidence of consumers and investors. This worsened the economic downturn, which became more visible in the months after the collapse of the market. Contemporaries in fact tended to blame the depression mainly on the market crash, but here they exaggerated. (Himmelberg, 7) The stock market crash signaled the end to an era. It emptied out the savings and confidence of many Americans, but it alone did not explain the failure of the American economy. The economy actually peaked during the second quarter of 1929, well before the crash, and the reasons why the economy turned down so disastrously for many y ears in a row once the decline began go well beyond the markets influence. (Himmelberg, 7) The downturn of 1929 becoming a severe depression, let alone the beginning of a decade-long period of economic decline and stagnation, was not immediately apparent or even imagined by the direst Cassandras of 1929. (Himmelberg, 8) The most recent depression, after World War I, had been deep but short lived. The thinking from 1929 through much of 1930 was that this depression too would be brief, and to be grateful that the downward trend of the economy was so much more moderate than it had been during the previous episode of depression. (Himmelberg, 8) There also had developed a deeply engrained belief, especially in business circles, that the modern economy, with its immense production and consumption of so great a variety and volume of consumer goods, had become virtually depression-proof. (Himmelberg, 8) Unemployment rose steadily throughout 1930; consumer spending and p... Free Essays on The Great Depression The great depression, the most disastrouseconomic event in United States History, occurred in 1929 after a decade oflavish and carefree living in America. Its remedy became a series of federalprograms instituted by Franklin Delano Roosevelt called the New Deal. Though most Americans are aware of the Great Depression of 1929, which may well be "the most serious problem facing our free enterprise economic system", few know of the many Americans who lost their homes, life savings and jobs. This paper briefly states the causes of the depression and summarizes the vast problems Americans faced during the eleven years of its span. This paper primarily focuses on what life was like for farmers during the time of the Depression, as portrayed in John Steinbeck's The Grapes of Wrath, and tells what the government did to end the Depression. In the 1920's, after World War 1, danger signals were apparent that a great Depression was coming. A major cause of the Depression was that the pay of workers did not increase at all. Because of this, they couldn't afford manufactured goods. While the factories were still manufacturing goods, Americans weren't able to afford them and the factories made no money. Another major cause related to farmers. Farmers weren't doing to well because they were producing more crops and farm products than could be sold at high prices. Therefore, they made a very small profit. This insufficient profit wouldn't allow the farmers to purchase new machinery and because of this they couldn't produce goods quick enough. A new plan was created called the installment plan. This plan was established because many Americans didn't have enough money to buy goods and services that were needed or wanted. The installment plan stated that people could buy products on credit and make monthly payments. The one major problem with this idea was that people soon found out that they couldn't afford to make the ... Free Essays on The Great Depression Before going into the subject of The Great Depression I would like to talk bit about money, the term money basically has two different types of meaning. We often speak of someone â€Å"making money,† when we really mean that he or she is receiving an income. Money is a term referring to a flow of income or receipts per week. Often times we also speak of someone having money in either his or her pocket, safe-deposit box or on a savings account. Under these conditions, money refers to an asset, as well as an item on a profit and loss statement. (Money Mischief, pg 8) The late 1920’s were a decade of economic boom. New houses and apartments were created, and the nation’s capital expanded. At the beginning of 1929, the unemployment rate was at a low 3.2 percent. But as that eventful year unfolded, increasing signs of economic weakness began to appear. Unemployment went up to 25 percent and the Real Gross Development Product (GDP) declined at 29 percent. (Macroeconomics, pg 376) Prior to the stock market crash, the nation was relishing in a state of jubilation. Confidence levels were elevated and the stock market was up. Everybody seemed to be making a fortune by speculating in the stock market. Between August and September 1929, almost 1.1 billion transactions were made (NEEDS CITATION). But in actuality, most people in the country did not have the extra money to invest in the market. Those few that did invest increased their buying power by borrowing money (The Great Depression pg 31). However, as banks and businesses reacted to cut costs or declared bankruptcy, unemployment rose at an alarming rate. Relief organizations were quickly overwhelmed and unemployment offices were swamped with applicants. Meridel Le Sueur was a young writer who wrote an article about what it was like for women seeking work in an employment office. She describes the frustration and humiliation of proud people waiting all day for jobs t... Free Essays on The Great Depression The Great Depression Though most Americans are aware of the Great Depression of 1929, which may well be "the most serious problem facing our free enterprise economic system", few know of the many Americans who lost their homes, life savings and jobs. This paper briefly states the causes of the depression and summarizes the vast problems Americans faced during the eleven years of its span. This paper primarily focuses on what life was like for farmers during the time of the Depression, as portrayed in John Steinbeck's The Grapes of Wrath, and tells what the government did to end the Depression. In the 1920's, after World War 1, danger signals were apparent that a great Depression was coming. A major cause of the Depression was that the pay of workers did not increase at all. Because of this, they couldn't afford manufactured goods. While the factories were still manufacturing goods, Americans weren't able to afford them and the factories made no money (Drewry and O'connor 559). Another major cause related to farmers. Farmers weren't doing to well because they were producing more crops and farm products than could be sold at high prices. Therefore, they made a very small profit. This insufficient profit wouldn't allow the farmers to purchase new machinery and because of this they couldn't produce goods quick enough (Drewry and O'connor 559). A new plan was created called the installment plan. This plan was established because many Americans didn't have enough money to buy goods and services that were needed or wanted. The installment plan stated that people could buy products on credit and make monthly payments. The one major problem with this idea was that people soon found out that they couldn't afford to make the monthly payment(Drewry and O'connor 559). In 1929 the stock market crashed. Many Americans purchased stocks b... Free Essays on The Great Depression The economic depression that be-fell the United States and other countries in the 1930s was unique in its strength and its consequences. At the depth of the depression, in 1933, one American worker in every four was out of a job. In other countries unemployment ranged between 15 percent and 25 percent of the labor force. The great industrial slump continued throughout the 1930s, shaking the foundations of Western capitalism and the society based upon it. Aspects of the economy President Calvin Coolidge had mentioned during the long prosperity of the 1920s. He said "The business of America is business." Despite the seeming business prosperity of the 1920s, however, there were serious economic weak spots, a major one being a depression in the agricultural sector. Others facing depression and problems were such industries as coal mining, railroads, and textiles. Throughout the 1920s, U. S. banks had failedan average of 600 per yearas had thousands of other business firms. By 1928 the construction boom was over. The spectacular rise in prices on the Stock Market from 1924 to 1929 shared little relation to actual economic conditions. In fact, the boom in the stock market and in real estate, along with the expansion in credit (created, in part, by low-paid workers buying on credit) and high profits for a few industries, concealed basic problems. Thus the U. S. stock market crash that occurred in October 1929, with huge losses, was not the actual cause of the Great Depression, although the crash began the most traumatic economic period of modern times. By 1930, the depression was most apparent, but few people expected it to continue. Previous financial panics and depressions had reversed in a year or two and thus most people thought that this was just part of the ups and downs of the business cycle. The usual forces of economic expansion had van ished, however. Technology had eliminated more industrial jobs than it had created; the ... Free Essays on The Great Depression The United States struggled through the depression but got through it by many different ways. I was the press secretary in 1932. At the start of Franklin D. Roosevelt’s presidency the U.S. was in the greatest depths of the depression. In his first Inaugural Address in 1933 he stated that â€Å"the only thing we have to fear is fear itself. †1 FDR’s main goal was trying to restore confidence to the people. He was also letting them know that as a Nation we can get out of the depression, and the only thing that is keeping us in it is ourselves. During the depression Roosevelt tried one thing after another such as, heavy spending, public works, direct relief, NRA codes, regulation of industry and restrictions on spending. FDR also stated that, â€Å"Our greatest primary task is to put people to work. †2 FDR thought that the government needed to be in charge by building and creating new jobs. As soon as people went back to work they would have an income and could afford to start buying things and paying for things which in the end would give the economy a boost. FDR started lots of work programs and helped stabilize the economy. In addition, â€Å"†¦there must be a strict supervision of all banking and credits and investments†¦.† 3 FDR closed all banks two days after he was inaugurated. This day is known as a Bank Holiday. They inspected all banks to see if they could re-open. They re-organized the banks and put 1 billion dollars back into the banks after they re-opened. He also passed a act known as the Emergency Banking Act. The purpose was to protect the larger banks from the smaller banks. It also enlarged federal authority over private banks and government loans to private banks. â€Å"We must act and act quickly. †4 In FDR’s first one hundred days he pushed for many acts through congress that were designed to beat the depression in lots of different aspects. His programs focused primarily on reviving both the agri...

Gulf War essays

Gulf War essays On the 2nd of August 1990, Iraq invaded Kuwait. Millions of trees, wildlife, marine life, humans and the environment in general, were destroyed. This invasion, was called the GULF WAR. The social, environmental and economic impacts will be felt for years. The Gulf War was a major environmental disaster. Wildlife and their habitat was destroyed both in Iraq and Kuwait. Grass, soil and trees were destroyed by bombing, oily particles (which was from the numerous fires, resulting in acres and acres of land being destroyed), acid rain, and the most major problem, which affected the environment enormously, was the oil slick in the Persian Gulf. The oil slick was totally disastrous. Both America and Iraq were to blame. The US led forces, bombed 2 oil tankers in Kuwait harbour, releasing large quantities of oil. Then several days later it was announced that Iraqi forces had opened the valves on several pipelines, allowing oil to spill directly into the Gulf. This 6 million barrel slick killed approximately 15,000 to 30,000 birds alone. Comorants, grebes and herons were hit very hard. Comorants would dive for fish and then get totally coated in oil and then they die very slowly and painfully as they ingest the oil while desperately trying to preen itself. The slick effected the whole food chain from the microscopic organisms to the turtles and dugongs. As oil is extremely hard to remove and is very expensive, and also because the Persian Gulf has a small inlet in which water flows in and out, the matter became worse, causing the oil to do an enormous amount of damage. The food chain will never ever be the same becau se of some humans silly and thoughtless actions. The impacts on the Iraqi and Kuwaiti population was devastating. The destruction of Iraqs electricity, health care, water and food supply systems has caused unemployment, hunger, disease and suffering for millions of ordinary people in Iraq ...

The Best Speeches from Shakespeares Henry V

The Best Speeches from Shakespeares Henry V As it has been argued that, among the best Shakespeare plays, the Henriad (a four-play cycle containing Richard II, Henry IV Parts One and Two, and Henry V) is the crowning achievement of the Immortal Bards incredible career. There are many reasons why fans laud  the Henry plays above the others, including the remarkable character arc; the astute blend of humor, history, and family drama; and the awesome array of battle scenes. For fans of Henry V, another reason to admire this work is that it contains some of the most powerful monologues in the English language. Listed below are three of the best speeches delivered by King Henry: Once More Unto the Breach In this scene, Henry V and his small band of English soldiers have been battling the French. Theyve gotten roughed up pretty good, and some of them are ready to give up, but when Henry delivers this motivational speech, they take charge once more and win the day. Note that, contrary to a common misconception, the first line of this speech is not Once more into the breach. Once more unto the breach, dear friends, once more;Or close the wall up with our English dead.In peace theres nothing so becomes a manAs modest stillness and humility:But when the blast of war blows in our ears,Then imitate the action of the tiger;Stiffen the sinews, summon up the blood,Disguise fair nature with hard-favourd rage;Then lend the eye a terrible aspect;Let pry through the portage of the headLike the brass cannon; let the brow oerwhelm itAs fearfully as doth a galled rockOerhang and jutty his confounded base,Swilld with the wild and wasteful ocean.Now set the teeth and stretch the nostril wide,Hold hard the breath and bend up every spiritTo his full height. On, on, you noblest English.Whose blood is fet from fathers of war-proof!Fathers that, like so many Alexanders,Have in these parts from morn till even foughtAnd sheathed their swords for lack of argument:Dishonour not your mothers; now attestThat those whom you calld fathers did beget you.Be copy now to men of grosser blood,And teach them how to war. And you, good yeoman,Whose limbs were made in England, show us hereThe mettle of your pasture; let us swearThat you are worth your breeding; which I doubt not;For there is none of you so mean and base,That hath not noble lustre in your eyes.I see you stand like greyhounds in the slips,Straining upon the start. The games afoot:Follow your spirit, and upon this chargeCry God for Harry, England, and Saint George! Upon the King The night before the most monumental battle in the play, Henry looks upon his sleeping soldiers and contrasts a kings life of pomp and ceremony with the emotional life of a commoner. Upon the king! let us our lives, our souls,Our debts, our careful wives,Our children and our sins lay on the king!We must bear all. O hard condition,Twin-born with greatness, subject to the breathOf every fool, whose sense no more can feelBut his own wringing! What infinite hearts-easeMust kings neglect, that private men enjoy!And what have kings, that privates have not too,Save ceremony, save general ceremony?And what art thou, thou idle ceremony?What kind of god art thou, that sufferst moreOf mortal griefs than do thy worshippers?What are thy rents? what are thy comings in?O ceremony, show me but thy worth!What is thy soul of adoration?Art thou aught else but place, degree and form,Creating awe and fear in other men?Wherein thou art less happy being feardThan they in fearing.What drinkst thou oft, instead of homage sweet,But poisond flattery? O, be sick, great greatness,And bid thy ceremony give thee cure!Thinkst thou the fiery fever will go outWith titles blown from adulation?Will it give place to flexure and low bending?Canst thou, when thou commandst the beggars knee,Command the health of it? No, thou proud dream,That playst so subtly with a kings repose;I am a king that find thee, and I knowTis not the balm, the sceptre and the ball,The sword, the mace, the crown imperial,The intertissued robe of gold and pearl,The farced title running fore the king,The throne he sits on, nor the tide of pompThat beats upon the high shore of this world,No, not all these, thrice-gorgeous ceremony,Not all these, laid in bed majestical,Can sleep so soundly as the wretched slave,Who with a body filld and vacant mindGets him to rest, crammd with distressful bread;Never sees horrid night, the child of hell,But, like a lackey, from the rise to setSweats in the eye of Phoebus and all nightSleeps in Elysium; next day after dawn,Doth rise and help Hyperion to his horse,And follows so the ever-running year,With profitable labour, to his grave:And, but for ceremony, such a wretch,Win ding up days with toil and nights with sleep,Had the fore-hand and vantage of a king.The slave, a member of the countrys peace,Enjoys it; but in gross brain little wotsWhat watch the king keeps to maintain the peace,Whose hours the peasant best advantages. St. Crispins Day Speech This is the most famous monologue from Henry V, and with good reason. These inspiring lines are delivered to the rabble of brave English soldiers who are about to go into battle (the famous Battle of Agincourt) against thousands of French knights. Outnumbered, the soldiers wish they had more men to fight, but Henry V interrupts them, declaring that they have just enough men to make history. Whats he that wishes so?My cousin Westmoreland? No, my fair cousin;If we are markd to die, we are enowTo do our country loss; and if to live,The fewer men, the greater share of honor.Gods will! I pray thee, wish not one man more.By Jove, I am not covetous for gold,Nor care I who doth feed upon my cost;It yearns me not if men my garments wear;Such outward things dwell not in my desires.But if it be a sin to covet honor,I am the most offending soul alive.No, faith, my coz, wish not a man from England.Gods peace! I would not lose so great an honorAs one man more methinks would share from meFor the best hope I have. O, do not wish one more!Rather proclaim it, Westmoreland, through my host,That he which hath no stomach to this fight,Let him depart; his passport shall be made,And crowns for convoy put into his purse;We would not die in that mans companyThat fears his fellowship to die with us.This day is calld the feast of Crispian.He that outlives this day, and comes safe home,Will stand a tip-toe when this day is namd,And rouse him at the name of Crispian.He that shall live this day, and see old age,Will yearly on the vigil feast his neighbors,And say To-morrow is Saint Crispian.Then will he strip his sleeve and show his scars,And say These wounds I had on Crispians day.Old men forget; yet all shall be forgot,But hell remember, with advantages,What feats he did that day. Then shall our names,Familiar in his mouth as household words-Harry the King, Bedford and Exeter,Warwick and Talbot, Salisbury and Gloucester-Be in their flowing cups freshly remembred.This story shall the good man teach his son;And Crispin Crispian shall neer go by,From this day to the ending of the world,But we in it shall be remembered-We few, we happy few, we band of brothers;For he to-day that sheds his blood with meShall be my brother; be he neer so vile,This day shall gentle his condition;And gentlemen in England now-a-bedShall think themselves accursd they were not here,And hold their manho ods cheap whiles any speaksThat fought with us upon Saint Crispins day.

What Is Philosophy Essay Example | Topics and Well Written Essays - 750 words

What Is Philosophy - Essay Example I think the knowledge of everything depends on the extent of knowledge that we have about that thing. For example, we believe in God because we experience His involvement in every matter of our lives, as well as in what is beyond our imagination. The basis for knowledge is experience. A person learns from what he/she experiences. I think not all knowledge is subjective and there exist a number of universal truths. The relationship between faith and reason is obvious. We develop faith in someone when we experience something good from that’s person. That experience becomes the reason for developing faith in that person. If we talk about artificial intelligence, we can say that it builds upon the knowledge of humans. I would say that human understanding has some limit because a person understands maximum the level his mind allows him. I think the right thing to do is what benefits us and the people around us. A good person is one who values others and takes decisions that do not produce any harm for any other person. A good person to me is also the one who maintains good social relationships with others and provides support to the people in need. I think virtue always leads to happiness. Virtue is an asset and a good asset always produces something good. A virtuous action benefits everyone and puts a long-term positive impact on the whole society. â€Å"Like everything else morality is a man made concept, therefore it is not real† (An, 2009).

Research Paper Example | Topics and Well Written Essays - 1000 words - 3

Research Paper Example In this reference, this paper looks at the Korean carbon emission and the per capita of the emission in the country. Korean per capita carbon emission steadily rose from 2002 when it stood at 2.8 to 2006 when the emission per capita reached the apex-3.56. The emission was drastically reduced in the 2007 to about 2.95 but picked steadily from 2008 where again it went to 3.25 (Kreiser 54). The carbon emission in Korea from the statistics thus shows the dynamics that are experienced in the emission of carbon with the changes taking place in the per capita emission. It should be bore in mind that the per capita calculation is considering a population of about 45 million people according to the 2011 population census. As such, this year the country has been appealing to the companies to cut on the emission of gases, in this quest the company wants a reduction of about 3% of the greenhouse gas emission that would translate into a combined 17.2 million metric tons (Kreiser 69). Out of the 3 77 companies in the country, it is suspected that without a stringent control over the emission of the gases, there will be additional emission of about 570.6 million tons of the carbon dioxide gas. The government of the Korea has issued a statement to the companies to ensure that they tremendously reduce the emission by about 8 million tons this year. In Korea some of the countries that have been given limit of carbon emission includes Posco, this company was given the largest amount of reduction expected from it, that is to ensure that there is reduced emission by 2.48 million tons (Kreiser 81). Posco is one of the still industries in Korea that contributes to the country’s gas emission abundantly. Hyundai Stell Company is the second n list of the industries indentified to be the largest producers of the carbon gas and has been given a reduction of the 487, 000 tons. The third company is an Ssangyong cement industry that has been given the target of about 443,000 tons in ef forts to reduce the emission per capita in the country (Kreiser 73). The Korean government realized the with the carbon trade issues, the country stands to loose if it can not control its industrial emission through the major industries in the country that are responsible for the release of the gases. Carbon Footprint It can be defined as the total am out of carbon that is emitted by individuals, in an even or a group of people that uses fossil fuel as their sources of energy. As we also know the some of the Carbon dioxide are produced naturally in the environment, this complicates the precise determination of the actual carbon dioxide gas that is produced by an individual or a group of people. Notwithstanding, the emission of the gases can still be estimated per individual or in a group of individuals. In this regard, I consider my contribution to the carbon emission to be about 3.1 tons as compared to our countries average that is about 3.5 tons per person. With the increased carb on footprint in the country, it is advisable that people are educated on those practices that will ensure safety use of the carbon source that will not result into the emission of the gases. Reduction Strategies There are ways through which one can consider reducing the amount of carbon footprint; I will consider a number of initiatives to reduce my carbon

Planning Ethics Term Paper Example | Topics and Well Written Essays - 500 words

Planning Ethics - Term Paper Example While cities must inevitably develop when the opportunities are available, it is the responsibility of planners through planning ethics to consolidate moral principles and the factors that contribute to the initiation and development. This paper will discuss the aspect of â€Å"Planning Ethics† with regards to the development of cities and from the understanding that the primary function of planners is to serve the public interest. The justification for planning ethics is that environmental, economic, political and social development presents both opportunities and threats for the community (Gasper, 2011). On the other hand, planners are primarily responsible to themselves and secondarily to the public and authorities for optimum standards of integrity and proficiency. Therefore, since planners play key decision-making roles, planning ethics dictate that they exercise independent, honest and fair judgment in the services they deliver (APA, 2014a). Therefore, planning should not only target to develop cities simply because trade opportunities are available and the transport infrastructure is favorable or can easily be upgraded. It should also target the welfare of the citizens so as to result in more equitable and efficient cities for not only the present but future generations as well (APA, 2014b). For example, when oil was discovered in Qatar, the road networks were rapidly expanded and developed to open up t rade opportunities but not much consideration was given to the possibility of a population explosion. However, with the rapid population growth and mostly by expatriates, the city has been forced to upgrade its transport network including an additional airport, new highways and a metro system to ease congestion from its roads. This is because the planners did not take into consideration how development and sustainability relate to each other (TCN, 2014). When planning ethics are

Database and Terrorism Essay Example | Topics and Well Written Essays - 500 words

Database and Terrorism - Essay Example On the other hand, there are information, especially those related to terrorism as well as in national security itself that are permitted to be shared with the public. This is what this paper will explore. The right to know or access information from the government, including those that concern national security, is guaranteed by the US Constitution. Judicial jurisprudence in this regard has consistently upheld that the right to acquire information is an essential component of the First Amendment. In this regard, there are indeed information that the public has the right to know and must know. For instance, in the event of terrorism, the public must know how to respond and, hence, must acquire information in regard to the nature of attacks and ways how to mitigate it. According to Wessely and Krasnov (2005), authorities should seek partnership with the public, provide measure facts for them to make independent choices rather than providing information that is believed what they should hear. (p. 218) Another area wherein access to information is vital concerns the scientific community. There is a growing belief among policymakers that suppressing the transfer of knowledge and technology is vital to the security of the United States. Such belief is not unfounded. Between 1998 and 2000, the US faced three national security crises involving the potential loss of scientific and technical information when China stole advanced military technology from the Department of Energy’s premier national security laboratories. (Esano and Uhir 2003, p. 107) Restricting access to scientific data and technology, on the other hand, could prove detrimental to the growth of the research and development in the United States because such restrictions could diminish the amount of scientific and technical data available in public domain and obstruct scientific inquiry. What must be done is a close collaboration between the security agencies and the scientific

Dessert cafe Essay Example | Topics and Well Written Essays - 2000 words

Dessert cafe - Essay Example There are a lot of dessert cafes in Australia and these cafes offer some of the world’s greatest dessert items. The demand for dessert products is seen not only in sweet toothed customers but also others who occasionally opt for something sweet after their meals. The curiosity of trying something new along with the need for sweet food items pushes the people to want to taste the innovative products produced in these cafes. They are incredibly a feast to the eyes and taste even better than they look. Possessing this kind of a combination of looks and taste, such a thing is difficult to be resisted. Sweet items like chocolate and ice-cream are said to change the moods of a human, that is, turn an upset person into a happy go lucky. Desserts have an ability to console the souls of people through their sense of taste. So when these items are consumed when a person is in a really good mood, then there is no doubt that he would experience heaven right here on earth. Although a lot o f eating healthy trends have arisen, desserts have not lost their prominence in the lifestyle of people. When such trends arise, desserts undergo more innovation and integrate more nutrients that make it healthier. Even people who are health-conscious and those who go to gym prefer desserts once in a while if not frequently. Desserts have special powers in them that make customers stick to them and the people just cannot seem to get enough. This helplessness to resist dessert items of the people is exploited by dessert cafes in Australia such as Chocolate By The Bald Man, Spats and Capers. Chocolate which is an all time favorite of children would definitely lure in all the small chocolate lovers right through the doors of this cafà ©. Chocolate is also an element that remains best loved among most grown ups. With their preference to chocolate backed with the novelty of the products offered, the people are sure to treat themselves to the delicious desserts offered in this

Financial Accouting Theory coursework Essay Example | Topics and Well Written Essays - 1500 words

Financial Accouting Theory coursework - Essay Example permits the accounting treat of investments in joint ventures in either of two methods, namely, the proportionate consolidation method or the equity method. It is matter of great controversy and discussion as which method is most suitable for venturer to recognize its joint venture interest in its financial statements. An effort has been made in this write up to suggest the most suitable method of accounting for the venturer. For applying proportionate consolidation method the consolidated financial statements of jointly controlled entity are used. The consolidated balance sheet of the venturer includes its share of assets that it controls jointly as well its share of liabilities for which it is jointly responsible. Similarly, the profit and loss account of the venturer includes its shares of income and expenses of the jointly controlled entity. First, Share in each asset, liability, income, and expenses of the venturer into the joint venture statements may be shown as separate line item under the asset, liability, income, and expenditure of similar nomenclature in the consolidated financial statements of the venturer, or the second, where the venturer may combine its share in each asset, liability, income, and expenditure into joint venture financial statement with asset, liability, income, and expenditure of similar nomenclature in the consolidated statements of venturer. Under equity method initially the investment into the joint venture is recoded at cost. The venturer will recognize its share of joint venture income as an increase in investment and a corresponding increase in the net income. Share of income or part of investments actually withdrawn or taken from joint venture business is not shown as income by the venturer in its statements. Instead those are reported as reduction in the joint venture investment account. Market values of the investments into the joint venture are not considered. The transactions are recorded at cost only. When an

Dessert cafe Essay Example | Topics and Well Written Essays - 2000 words

Dessert cafe - Essay Example There are a lot of dessert cafes in Australia and these cafes offer some of the world’s greatest dessert items. The demand for dessert products is seen not only in sweet toothed customers but also others who occasionally opt for something sweet after their meals. The curiosity of trying something new along with the need for sweet food items pushes the people to want to taste the innovative products produced in these cafes. They are incredibly a feast to the eyes and taste even better than they look. Possessing this kind of a combination of looks and taste, such a thing is difficult to be resisted. Sweet items like chocolate and ice-cream are said to change the moods of a human, that is, turn an upset person into a happy go lucky. Desserts have an ability to console the souls of people through their sense of taste. So when these items are consumed when a person is in a really good mood, then there is no doubt that he would experience heaven right here on earth. Although a lot o f eating healthy trends have arisen, desserts have not lost their prominence in the lifestyle of people. When such trends arise, desserts undergo more innovation and integrate more nutrients that make it healthier. Even people who are health-conscious and those who go to gym prefer desserts once in a while if not frequently. Desserts have special powers in them that make customers stick to them and the people just cannot seem to get enough. This helplessness to resist dessert items of the people is exploited by dessert cafes in Australia such as Chocolate By The Bald Man, Spats and Capers. Chocolate which is an all time favorite of children would definitely lure in all the small chocolate lovers right through the doors of this cafà ©. Chocolate is also an element that remains best loved among most grown ups. With their preference to chocolate backed with the novelty of the products offered, the people are sure to treat themselves to the delicious desserts offered in this

Nursing Professional Collaboration - Developing Professional Identity Essay

Nursing Professional Collaboration - Developing Professional Identity - Essay Example This angel is no other than the nurse, who takes care of her patient as if it were her own. Nursing is a profession aims to provide medical assistance to individuals, families, community in their times of distress and illness. When I was a kid I thought of every wild profession to choose when I grow up. But as I grew up a lot of changes occurred and I had a severe accident and was hospitalized. At first it seemed that all was lost and I might never recover. The doctors would chat merrily with me to keep my hopes up but somehow I would not trust them. My nurse whom I came to realize during my stay at the hospital was a human but worked like a machine all day long. She would attend to several patients of every illness thinkable but would keep a happy face and seeing her work furiously around gave me strength and I decided to be like her and help people in their time of greatest need. Hospitals face a great shortage of nurses and this makes nurses to work long shifts. But I was not frig htened by the long shifts in fact it strengthened my decision and I studied to become a professional nurse in the future. â€Å"Ontario Nurses Association predicts a nationwide loss if 15000 nurses in the nest several years due to changes in system (Hiscott, 1998).† Although living in the US I read about the profession in other parts of the world too. Having completed my basic education and now as a student nurse I thought about the doctors who pass us instructions. Doctor’s instructions guide us how to manage a patient’s medicines. â€Å"Like many evolutional careers, outdated or previous trends persist in nurses (Jones & Bartlett, 2009).† Considering my decision to enter the medical services field, I considered becoming a doctor. My search in the both revealed that a doctor might be earning more than a nurse but his knowledge is limited. I say limited in a sense that a doctor has no concern about the patients that are not related to him. Doctors are spe cialized in their desired fields. A heart surgeon would not deal any patient that is not a heart patient. Similarly an orthopedic has no concern with a dental patient. A nurse on the other hand would deal all these patients with the restriction of knowledge. Because doctors cannot attend to a patient whose category is out of their knowledge. My intention to become a nurse strengthened. I read about the work and duties of a doctor. Media nowadays has made people more aware. I consulted all the knowledge I could obtain to choose my career as a nurse. Even though the relationship between a doctor and a patient seems transparent but it is not. â€Å"We physicians don’t tell everything to patients (Pauline W. Chen, 2012).† My desire to be a helpful human being was marred by reading this. I felt the passion in me would soon burn out if I kept secrets from my patients. The patients who would rely on me to help them escape their agony should know the truth. I talked about my d ecision with my family to enter the medical career and like everyone’s reaction, I was asked to become a doctor. But after a battle of arguments my family too acknowledged that a nurse is more helpful to the society than a doctor. My seniors who are professional nurses taught us a lot about how to deal with patients and nurses are a messiah to these patients in distress. A nurse needs to have a strong heart as we have to deal with all the dirty work. When a person comes to the hospital on a stretcher unconscious and bleeding to death nurses

The Current Macro Environment Of South Africa Economics Essay

The Current Macro Environment Of South Africa Economics Essay Politically, the ANC has created 16 years of continuous rule and government stability but uncertainties surround their ability to manage union strikes and a steadily decreasing electorate vote. Economically, GDP is expected to show continuous growth despite a sharp drop in 2009. Business environment remains strong through FDIs although warning signs herald a weakening of the currency in the future. Socially, although economically viable to invest in this country when considering the low costs of entry, South Africas working population presents a lack of skilled labour required by our firm. Technologically, concentrated areas of RD, industry specific knowledge and improving transport infrastructure help to compensate the temporary shortcomings in energy supply. The legal system is generally supportive towards companies with strong regulation and employment laws. Environmentally, SA is an international leader in tackling global warming. It has great potential for producing renewable energy but environmental hazards and heavy reliance on coal for energy should be taken into concern. An extensive PESTLE framework will be used to highlight the major contributing factors that would affect such a strategic move. Political Government Stability The present government, the African National Congress (ANC), has shown relative stability, winning four consecutive elections since the fall of the apartheid in 1994. This has allowed continuous implementation of policies through sixteen years in power, the focus of which has been on improving social integration and employment generation. Source: Datamonitor, Aug 2009 Struggles under Political Unrest Despite strong governance indicators, SA still has much to develop as a democracy. The government is kept under pressure from the rising power of trade unions and an inability to control violent demonstrations. The ANC has also suffered a decreasing share of the electorate vote since first coming into power, receiving 65.9% in the recent 2009 election. Although a near two-thirds majority, commentators argue this is below the important threshold of 66% that allows the party to unilaterally alter the constitution. Implication: Pressure from trade unions may cause wariness in future business investment and a loss in consumer confidence. Economical Corporate Tax Rate There is a basic corporate tax rate of 30.2% of profit for all companies1 as of 2010. Interest Rates The South African Reserve Bank is independent and operates in much the same way as Western central banks, influencing interest rates and controlling liquidity through its interest rates on funds provided to private sector banks.2 Exchange Rates and Trading Unlike other African countries, SA prides itself as an open economy, benefiting from trade liberalization with many blocs3Â  . However, it has been posting a negative balance of payments since 2002. As of 2008, SAs total exports amounted to $96.1 billion, which was considerably higher than the total export value recorded at $83.0 billion in 2007. This has been exacerbated by the surge in inflation since monetary policies implemented in 2000. Recently, inflation has slowed to 6.89% year-on-year in June 2009 from 8.0% y/y in May 2009.4 Implication: An open economy will facilitate the expansion immensely, meaning less red-tape and cost savings. A negative trade balance can be advantageous as it will weaken the exchange rate, lowering costs for our firm. The lowered inflation will also help stabilise the economy. Foreign Direct Investments FDIs are highly valued in SA and the government has further encouraged them through the US ACU Trade, Investment and Development Cooperative Agreement signed in July 2008. This places special attention on customs cooperation, technical barriers to trade and investment promotion.5 Implication: Increases in FDIs will greatly aid entry into the country as these policies will help facilitate external investments such as ours. GDP Trends The GDP growth rate has been less than ideal with a sharp fall in 2009. However it is projected to bounce by 2011 with constant increase in GDP since. The economy is dominated by the services sector, which contributes 65.3% of its total GDP in 2008. 6 Implication: The increase in GDP shows that SAs economy is continually developing and could be a beneficial environment for setting up a company. Socio-cultural Unemployment The apartheid regime has resulted in social aspects wrought with conflicts. Despite high literacy rates and policies to improve this by the ANC, unemployment remains surprisingly high at 24.9%1. Implication: This highlights an underlying problem, which is the severe lack of skilled labor that does much in hindering business growth. High Crime Rate SA also presents a relatively high crime rate. A survey compiled by the UN Office on Drugs and Crime2 ranked South Africa second for assault and murder per capita, and first for rapes per capita. Implication: This results in a potential threat to the safety of both our physical and human capital. Effects of HIV There is also a growing impact of HIV on the supply of skills and productivity. The graph below shows the sources of indirect cost on a firm due to HIV.3 Lack of Skilled Labour More commonly, educated workers are deciding to move abroad, contributing to the rising brain drain and lack of skilled labour. Although there is a net emigration of -0.13 migrant(s)/1,000 population (2009 est.)4 This is due to the an increasing flow of unskilled labour from neighbouring countries in search of better economic opportunities and does not contribute to the necessary labour force required for the growth of the nation. Implication: This lack of skilled labour will require huge cost on the company in training workers. Technological Infrastructure SA has some of the best transport infrastructure in the world, placed in the top 20 countries for number of airports, length of rail and length of roads1. In the past four years $6.95bn was invested into improving infrastructure. In the next three years capital investment is planned to be $7.52bn to increase capacity for the 2010 World Cup.2 56% of funding in 2009 was used to expand current operations and the remainder was used to upgrade existing infrastructure. Figure 1: Transport Infrastructure Investment (2009)3 Figure 2: Planned Transport Infrastructure Investment (2010)4 Implication: Improving transportation provides potential employees locally, nationally or internationally with reliable and convenient means of transport to the companys location. Energy The energy situation has much to improve with state-owned firm, Eskom, struggling to meet the demand caused by the post-apartheid economic boom5. The industrial sector uses 68% of the supply but it is estimated that savings of up to 60% can be made with low-cost investment6. Alternative means of energy are currently being looked into and Nuclear Power plants have been proposed and could be in place by 2020 if approved.7 Implication: Electricity supply is currently inconsistent but demand side management and planned expansion in the future should solve any problems. Communications Current services are not up to UK standards but broadband is becoming widespread with wireless available in some locations. Fibre-optic cables were laid under the Atlantic Ocean in 2009 by Seacom with the intention of providing high capacity bandwidth linking communities in Southern and East Africa, Europe, and South Asia.7 Implication: International communications are well catered for and services in cities are comparable with UK standards. Research and Development RD with respect to science and technology has been a growing area since 2002 with the Innovation Hub created in Pretoria. It claims to be the leading knowledge-intensive business cluster in South Africa8 creating a community focusing on innovation and knowledge creation. Implication: Locating in an area within the Innovation Hub could provide us with a pool of potential employees with the correct skills, education and backgrounds. Legal Labour Laws SA has strong labour laws especially after the creation of the Labour Relations Act 1995, created to allow consultation between employees and employers to remove discrimination and ensure a diverse labour force. Employment regulations include: Compulsory by law to abide by Minimum Wage guidelines set out by government. These levels vary from sector to sector. The South African Labour Legislation encourages the freedom of collective bargaining. Implication: Structured legal system in place which contains laws to aid our entry into the country. Labour laws are similar to those in which we already operate so only small adjustments are needed to current practices. Intellectual Property Rights SA is currently not a member of the Madrid Union so filing for international trademarks is more complex than most countries. However, they intend to join within the next year. Copyright can only be registered for films, but arises automatically by law under the Berne Convention and applies to all countries that are signatories of it.1 Patents cost between $915 and $1300 initially, with an annual renewal fee of around $130 beginning in year three.2 Patent Co-operation Treaties (PCTs) are available which provides 30 months of international protection in 135 countries. Implication: PCTs allow any costs of patents to be deferred until the domestic countries in which to obtain the patent can be more carefully selected. This additional time also increases the chances of a successful patent application. Starting a Business The process for business setup is as follows: Source: DoingBusiness.org, 2009 Environmental Leader in Climate Change Environmental developments and climate change are issues close to SA. Having hosted the World Summit on Sustainable Development in 20021, the country also follows the Kyoto Protocol and featured prominently at the Copenhagen Conference in 2009. Incumbent President Jacob Zuma has pushed for plans to continue with CO2 reduction of 42% by 2025.2 Implication: Good international relationships with countries such as USA and UK, as well as a reputation in protecting global environments. The Department of Environmental Affairs has also implemented policies to subsidise firms who use renewable energy resources. With the local demand for environmental protection and reassurance of safety from environmental hazards, there are huge incentives for firm to improve energy usages efficiency1. Energy Reserves South Africa heavily relies on coal production for energy, coal providing 88% of total primary energy and 90 % of electricity generation. However, the nation has notable renewable energy potentials3. The country has an overflowing wind resource and the highest levels of solar radiation in the world. The expansion of renewable energy in South Africa is maintained and upheld by the White Paper on Renewable Energy (Nov 2003), which aims to generate 10,000 GWH of renewable energy for final energy consumption by 2013. Implication: The government has actively supported energy production development although some environmental hazards may be detrimental to a suitable working environment. Conclusion Through use of the PESTLE framework, we can conclude that the macro climate of South Africa is generally positive with much potential for expansion. The main areas of weakness found will undoubtedly require further investigations by management. However, breaking into the countrys technology sector can be a success given that the company is fully aware of the obstacles involved.

My Philosophy of Education Essay -- Teaching Careers Teachers Essays

My Philosophy of Education There are all different kinds of students and each of them deserve the chance at a fulfilling education that improves their self - esteem and self - efficiency in the world. Every child deserves a teacher that is fair and understanding of the different ability levels of each student in their classroom. This is my philosophy of education. In preparing to become a teacher who truly tries to understand the vast differences between children, I want to address the nature of students, the nature of knowledge, the purposes of public education, the methods of teaching, and the curriculum area that I am studying. First, I believe Rousseau?s theory of people being born with a blank slate. Children are not good or bad by nature. They are brought up in different households by different groups of people. I have noticed in my observing that there are shy children, rambunctious, leaders, followers, those who do neither they just play by themselves, the ones that talk all the time and those who only speak when they are called upon. These characteristics are not determined always at birth they are learned behavior. Some children are not allowed to talk at home unless they are spoken to, and you can tell when a child does not get much attention at home because they crave your attention in school. But, above all, children want to learn. When children enter elementary school, most of them are so open and creative, and these students need a teacher who will use that openness to keep that child interested in school. Secondly, the nature of knowledge. I believe that knowledge is relative and absolute. There are some people who can learn from experience and others that need to learn from memorization. I be... ...mentary school. And finally, I would have never passed literature in high school or college without learning what character, setting, and plot were in elementary school. The basics have never really changed since the beginning of public education and the time of reading, writing, and arithmetic. Teaching is probably the most important field a person could ever go into. I hope that I am a teacher who will not only benefit the overall education of the students who come into my classroom and make them better students, but that I will benefit and learn from each one of those students so that I can become a better person and teacher. With all the different types of students in the world, there is not one way to teach. I hope that I can learn to adapt myself to meet the educational needs of every student. If I did not do that, what kind of a teacher would I be?

Using Technology to Cope with Terrorism :: War Terror Essays

Using Technology to Cope with Terrorism Each one of us has our own unique story of where we were when we learned of the attack on the World Trade Center towers. It’s a story we’ve told to friends and a story we’ll continue to tell as this event transforms from a living reality to a historical one. Some were awoken by roommates, others informed by colleagues passing through the hall, and others happened to turn on the television and watch with horror as the World Trade Center towers burned and finally collapsed. As word spread, though, Americans became united in their need to know exactly what had happened. We turned on the television, we paused to listen to radios filtering out of cars, we visited Internet news sources again and again, clutching and grasping for facts, hoping that some sort of clarity would calm us. Hour after hour we sat by the television trying to make sense of it all. Unconfirmed reports were treated as facts by frantic news anchors, sketchy reports of hijacking were announced and t hen confirmed. The news changed by the minute. A nation in shock began calling loved ones across the country, just to check in and to share the horror together. Cell phone networks were inoperable in many areas of the country, not just in New York. Web-traffic became so congested that viewing CNN’s web page became virtually impossible. We used these fleeting news sources as a way to grasp reality. But for many it didn’t become a reality until we saw it the way our parents and grandparents had in years past; black and white banner headlines announcing the tragedy in a format that couldn’t be refreshed, revised, or corrected. It was permanent, and it was true. The unimaginable had happened. And for those of us outside of New York, Pennsylvania, and Washington D.C. we used the technology around us to begin to comprehend. Trying to understand what it was like when the building collapsed, we listened to and read countless witness testimonies. Though weary with despair we felt that it was our duty to experience the agony of watching the collision and the collapse over and over again, as if we could alleviate some of the New Yorkers’ suffering by taking some of it on as our own. We watched around-the-clock coverage from ground zero; we contributed to discussion boards and listservs on the Internet, we held countless discussions among family members and friends.

Loretta Lynn Essay

Loretta Lynn (born Loretta Webb April 14, 1935) is an American country music singer-songwriter, author and philanthropist. Born in Butcher Hollow, Kentucky to a coal miner father, Lynn married at 13 years old, was a mother soon after, and moved to Washington with her husband, Oliver Vanetta Lynn, Jr. (b. 1926, d. 1996), nicknamed â€Å"Doo†. Their marriage was sometimes tumultuous; he had affairs and she was headstrong. Their experiences together became inspiration for her music. On her 21st birthday, Lynn’s husband bought her a $17. 00 Harmony guitar. She taught herself to play and when she was 24, on her wedding anniversary, Doo encouraged her to become a singer. She learned the guitar better, started singing at the Delta Grange Hall in Washington State with the Pen Brothers’ band, The Westerners, then eventually cut her first record in February, 1960. She became a part of the country music scene in Nashville in the 1960s, and in 1967 charted her first of 16 number-one hits (out of 70 charted songs as a solo artist and a duet partner[1]) that include â€Å"Don’t Come Home A’ Drinkin’ (With Lovin’ on Your Mind)†, â€Å"You Ain’t Woman Enough†, â€Å"Fist City†, and â€Å"Coal Miner’s Daughter†. She focused on blue collar women’s issues with themes of philandering husbands and persistent mistresses, and pushed boundaries in the conservative genre of country music by singing about birth control (â€Å"The Pill†), repeated childbirth (â€Å"One’s on the Way†), double standards for men and women (â€Å"Rated â€Å"X†Ã¢â‚¬ ), and being widowed by the draft during the Vietnam War (â€Å"Dear Uncle Sam†). Country music radio stations often refused to play her songs. Nonetheless, she became known as â€Å"The First Lady of Country Music† and continues to be one of the most successful vocalists of all time. Her best-selling 1976 autobiography was made into an Academy Award winning film, Coal Miner’s Daughter, starring Sissy Spacek and Tommy Lee Jones in 1980. Her most recent album, Van Lear Rose, was released in 2004, produced by Jack White, and topped the country album charts. As of 2011, Lynn continues to tour and has received numerous awards in country and American music.

Sales Promotion Technique

Laura Schneider says that marketing is everything that we do to reach and persuade prospects. Marketing consists of the measures we use to reach and persuade our prospects. All of marketing components will cost producers or manufacturers that in turn will influence the retail price of a product. To exploit a potentially lucrative market is not as easy as just opening a room, and playing music. Diligent marketing research will actually be crucial to the success of conducting personal selling. Careful consideration should be given to a number of different factors such as location, demographic detail, and existing competition of the prospective market place. This is done so to conduct marketing campaign effectively, which is a combination of advertising, personal sales, public relations, and sales promotions in a creative and cost-effective way to increase gross sales. 2. Sales Promotion Technique 2. 1. Web-based solution Basically, sales promotions are non-personal promotional activities that intend to have direct impact on sales of a product. Some activities that are in the sales promotion category include media and non-media marketing communication, increase consumers demand, and improve product availability. One of sales techniques that can help a company in maximizing its sales promotion efforts is the MediaVisor. The product is uniquely created to help salesperson of the company in executing and analyzing their interactive sales promotion programs much better (DoubleClick, 2006c). For example, figure 1 shows a company’s online sales promotion that aims at having direct impact to sales. Figure 1 Double Click’s Various Customers Solutions Source: www. oubleclick. com In order to simplify the sales promotion, MediaVisor can help Sprint Nextel in creating an easy-to-use interface, which is designed to reduce the number of clicks required to perform common actions. Therefore, the use of MediaVisor will significantly enhance the effectiveness of sales promotion process (DoubleClick, 2006c). 2. 2. Direct Mail O ne of the greatest marketing tools is direct mail, also known as database marketing. This kind of promotion is so effective since a company deliver information/offering directly to customers or prospects although it has one obvious drawback: high cost. According to one report, direct mail has a high â€Å"cost-per-thousand,† meaning it costs more to send message to a thousand people through direct mail than it does through television. However, this high cost-per-thousand can be offset by a much higher return rate. 2. 3. Personal Selling Another type of marketing tools is personal selling which is oral communication with potential buyers of a product with the intention of making a sale. The personal selling may focus initially on developing a relationship with the potential buyer, but will always ultimately end with an attempt to closing the sale. There are several benefits of conducting personal selling as follows: ? Personal selling is a face-to-face activity; customers therefore obtain a relatively high degree of personal attention ? The sales message can be customized to meet the needs of the customer ? Personal selling is a good way of getting across large amounts of technical or other complex product information ? The face-to-face sales meeting gives the sales force chance to demonstrate the product ? Frequent meetings between sales force and customer provide an opportunity to build good long-term relationships The main disadvantage of personal selling is the cost of employing a sales force and other utilities such as building rental. In addition to the basic pay package, a business needs to provide incentives to achieve sales such as commission and bonus arrangements and the equipment to make sales calls including car, travel and subsistence costs, mobile phone etc. Moreover, conducting personal selling has one limitation: personal selling is not a cost-effective way of reaching a large audience since a sales person can only call on one customer at a time. 2. 4. Cash Rebates/Cash back Selecting one or more target markets then developing a marketing mix (product, price, promotion & distribution) that satisfies the needs of the target market. One of the strategies is to give cash rebates/ cash back as incentives for target market to keep visiting stores By definition, cash back Program is an incentive program that rewards customers for repeatedly shopping at stores. Hence, it generates more revenue from particular selling points. For example, if a company wants to increase the number of sales from online stores, they may present additional discount for customers who purchase online.

Personal Carbon And Emission Trading Environmental Sciences Essay

Until the nineteenth century industrial revolution, the power of C had fuelled the moving ridge of economic development which has delivered the modern society ‘s greatest achievements such as electric lighting, cars and flights. However in the latter half of the century it was noted that these promotions were non without a cost as the first hints of the effects of the society ‘s life style or progresss on the environment began to be noticed. The effects of increased C in our environment have led to the great climatic alterations that have left the universe with more losingss and potentially more loses in the hereafter as noted in the Stern ‘s study if the universe does non undertake the effects of clime alteration. As the universe unites to contend the consequence of clime alteration, a combination of regulative and market based mechanisms are being adopted to set a monetary value on clean air. While this poses a job to concerns with high environmental hazard records, it has created an wholly new industry focused on the emerging C markets market making chance for investors. The United Kingdom has sought of ways of cut downing the consequence of C on the environments and has piloted strategies like the Emissions Trading strategy which ran as a voluntary strategy and now has joined the European Union ETS covering approximately 27 EU states. The mark to cut down emanations by 34 % utilizing the 1990 baseline by 2020 can be achieved by non merely concentrating on merely concerns but besides on the domestic sector which accounts for about half the emanations in the United Kingdom. It will be of great involvement if the United Kingdom besides pioneers strategies that could assist in cut downing single ‘s C emanations as this will travel a long manner in assisting the universe in its battle against clime alteration.IntroductionThe consequence of clime alteration can be felt all around the universe. The old ages between 1995 and 2007 were specifically recorded as the twelveth warmest out of 13 since accurate instrumental records of the planetary surface a ir temperature began in 1850. Noted amongst other climatic alterations are the heat wave that occurred in Central Europe go forthing about 20,000 people dead, periods of remarkably strong air currents in Western Europe, over 15 million trees being blown down in the early hours of the forenoon in Southern England and London countries. Apart from storms, approximately 80 Hurricanes and Typhoons have been recorded which have claimed lives and Property. Floods of unusual speed has have besides occurred due to protract rainfall or drouths, because of long periods of rainfall or decreased /complete absence of it has resulted within the twenty-first century ( Houghton, 2009 ) . These alterations have been as a consequence of the nursery gases present in the ambiance. The gases have a blanketing consequence on the Earth surface by absorbing the thermic radiation being emitted by the Earth ‘s surface. The most of import of these nursery gases is H2O vapor but because its degrees are non being changed or increased by human activities it ‘s non considered as a job but the 2nd in most of import whose degrees is increasing quickly due to human activities is the C dioxide. It has the most heat pin downing consequence out of the other six chief nursery gases. If for illustration the effects of the CFC ‘S and alterations to the ozone was ignored the addition in the C dioxide has ( would hold ) contributed about 72 % of the enhanced nursery gas consequence boulder clay day of the month, methane 21 % and azotic oxide about 7 % . ( Houghton,2009 ) . In 2007, the atmospheric concentration of CO2 has ( had ) risen by 35 % ( from 280 to 370 parts per million ( ppm ) ) since the beginning of the industrial revolution. These gases and other Greenhouse gases ( GHG ) has ( have ) led to a 0.60C ( 1.10F ) addition in planetary norm of surface temperature since 1900 and if the current tendency of addition is non checked the planetary temperatures is expected to lift to approximately 1.4 to 5.8 by 2100 which invariable means more catastrophe in the universe ( Baumert, 2005 ) . These gases and other Greenhouse gases ( GHG ) led since 1900, to an addition of 0.60C ( 1.1oF ) in planetary norm of surface temperature. This tendency is expected to lift to between 1.4 and 5.8 if non checked, and constantly will take to more catastrophes in the universe ( Baumert 2005 ) . The effects of the C dioxide on the environment has since been recognized globally and pressing stairss are been taken to cut down its farther addition and general impact on the environment. The Kyoto Protocol is the first measure taken internationally to extenuate the effects of the altering clime. This understanding signed in 1997 sets an overall decrease of 5.2 % with regard to the 1990 degrees of emanations. Assorted marks were set for groups of states and states within each group based on their economic development and part to the planetary emanation. The United Kingdom for illustration has pledged to cut down its C emanations by 34 % in 2020, the European Union besides has a committedness to cut down emanations by 8 % in five old ages from 2008 to 2012 ( DECC, 2010 ) . The Kyoto protocol provides flexible mechanisms and regulations that would assist member parties to the pact to cut down emanations cost-effectively without impacting the economic development of all parties. The three flexible market based mechanisms for accomplishing these decreases are Emission Trading Scheme, Clean Development Mechanism and the Joint Implementation Mechanism. In the class of this write up we shall hold expression at the Personal Carbon Trading and Emission Trading strategy in the United Kingdom which is now under the European Union, its possible concern chances and jobs.What is Personal Carbon Trading?Personal Carbon Trading is a proposed cap and trade emanations merchandising strategy by the United Kingdom authorities in which grownup persons are provided with C allowances to cover their emanations. The strategy will let persons purchase up C credits to cover for emanations from the purchase of fuel for their private vehicles, energy use at place ( mainly electricity and gas ) and air power. It will non include emanations embedded in the goods being purchased by the person. The UK domestic sector histories for approximately 42 % of the entire CO2 emanations and this comprises of 30 % infinite warming, 4 % from illuming, 10 % from H2O warming, 29 % from personal travel,12 % from vacation travel and 2 % from other travel ( BERR,2007 ) . This analysis goes to demo that persons are responsible for about half the CO2 emanations in the United Kingdom and in order for the authorities to accomplish its marks of 80 % decrease in CO2 emanations in 2050, a strategy that will assist in cut downing personal C emanation decrease will be needed. There are assorted policies that have been provided in order aid cut down the C emanation from end-users of energy in the United Kingdom. These includes strategies like the Carbon Reduction Commitment Energy Efficiency Scheme, Smart Metering, rebates that could be received from revenue enhancement when put ining energy efficient systems, value added revenue enhancement decreases in some insularity stuffs aimed at supplying more efficient energy nest eggs in the edifices etc. In every bit much as these policies and inducements have been provided there is really no strategy that has been established to adequately bring on behavioural alterations to individual ‘s ingestion penchants on goods and services with C emanation In order for the authorities to run into the 2050 mark much accent has to be paid on cut downing the domestic sector marks alongside the concern and industry as about half the entire emanations are made by the domestic sectors. The Personal Carbon trading is taught to be a sort of strategy that could convey about the behavioural alterations on the graduated table required to efficaciously cut down the C emanations. The Environmental Change establishment made a proposition that the Personal Carbon Trading Scheme could take to the coveted trading strategy by binding together three basic mechanisms that could take to behavioural alteration in human existences. The figure 1 below shows the interplay between these three mechanisms to cut down energy demand. Figure 1: Beginning ECI, 2010. A strategy that can easy interplay with these three mechanisms will obvious ( ly ) offer the chances required for lower energy demand and accordingly, lower C emanation trading. Defra carried out a research in May 2008, to determine how the personal C trading will work out and they looked at the undermentioned facets: societal acceptableness, economic and proficient feasiblenesss, equity and distributional impact, and the strategy ‘s effectivity in the context of the bing policy landscape.It concluded that â€Å" personal C trading has possible to prosecute persons in taking action to battle clime alteration, but is basically in front of its clip and expected costs for execution are high † . Defra besides indicated involvement in the strategy stating that â€Å" the Government remains interested in the construct of personal C trading and, although it will non be go oning its research programme at this phase, it will supervise the wealth of research concentrating on this country and may present personal C trading if the value of C nest eggs and cost deductions alteration † ( Defra 2008 ) .PROPOSED WAYS OF CARRYING OUT COST EFFECTIVE PERSONAL CARBONTrading.TechnologyThe United Kingdom has good established engineerings that could help the running of the personal C trading. Some of the engineerings used in running the assorted shop cards and the ways in which informations are stored and utilised each clip persons make purchases can besides be used in the execution of the personal C trading. A system that could include the personal C histories to some of the selected shop cards particularly those that can cover energy purchases, fuel purchases and the flight travels could be considered as a manner of accomplishing this trade. Besides wishing the sum of C used with the present strategy of the EUETS can assist persons merchandise easy when they have excesss with concerns and persons who needs more through a centralized information base. Social Acceptability: The extract of the personal C trading into our mundane twenty-four hours life can besides been seen in the manner the populace is presented with the cognition of the consequence of clime alteration and demand to set up a behavioural alteration.Most persons have been introduced with one shop card or the other and these cards can transport tonss of information on personal ingestions of some goods and services. If a card is made the C trading card and the information ‘s infused in some of the already existing cards or being issued and made a compulsory demand for personal purchases which includes energy, fuels and flights it could function as a voguish manner of cut downing C emanations. The CSE have besides found the success of shop trueness cards peculiarly encouraging: Estimates vary between 65 % and 85 % for the proportion of families which have at least one trueness card. However, the graduated table and rate of take up of trueness cards is likely less relevant to single C trading systems than the findings that: ( a ) people seem absolutely prepared to purchase things utilizing more than one card per dealing, and ; ( B ) these companies have established tremendous databases which firmly store personal informations and huge sums of dealing informations ( Roberts and Thumim, 2006 ) . These estimations goes to demo that the trueness shop cards has gained societal credence by the populace and if the personal C trading strategy is linked to it there will be no much hurdle in deriving single or public credence. The CSE besides calculated that the Tesco Club card database collects some 50 billion pieces of informations per twelvemonth. Based on the Tyndall Centres ‘s appraisals of dealing figures, the CSE calculated that a personal C trading database would hold to treat 15A billion pieces of informations per twelvemonth.Benefits of Personal Carbon Trading.One of the most of import of the countries of chance for the UK economic growing is the low C sector. The universe is doing a passage from a high to low C hereafter as assorted States attempts in the battle to undertake clime alteration leads to a alteration in economic system. The planetary markets for low C goods is deserving three million lbs and it is projected to turn to 4.3 trillion by 2015 ( Innovas, 2009 ) . If the personal C trading is made a policy there will be tonss of benefits for persons and the environment at big. Some of the benefits are highlighted as follows: There will be a behavioral alteration in the manner energy is being used and the less energy use there is the less carbon emanations to the environment. Implementing the personal C trading strategy will take to farther development in low C engineerings as more development in countries of less C use by persons will increase penchants for low C energy, flights etc. In the instance where the personal C trading is being incorporated into the whole economic system so there could be potencies of trading C allowances between persons and concerns. This will besides assist in farther decreases in C emanations as more net incomes persons have for practising effectual ways of cut downing their C pes print the more they will make to derive more. Execution of the personal C trading will be more favourable in footings of decrease in C emanations than C revenue enhancements. Because the C revenue enhancements on assorted goods and flight under the strategy can be viewed by persons as a mere addition in monetary value but the C trading can be seen as an avenue of honoring people actively cut downing their C use.Emission Trading SCHEME IN THE UNITED KINGDOMEmission Trading is a market mechanism designed for the decrease of pollution by the proviso of economic inducements for organic structures that have achieved quantifiable decrease of gaseous pollutants. In the United Kingdom, the emanations trading strategy ran as a voluntary trading strategy between 2002 and 2006 prior the mandatory European Union Emission Trading Scheme ( EU ETS ) . This nevertheless made it the first State in the universe to affect assorted companies and organic structures in the C trade. Though Denmark ran a nursery strategy but it merely included 8 electricity companies. Now the European Emission Trading Scheme is the largest emanation trading strategy in the universe holding the engagement of 27 European states. It aims at cut downing the green house gas emanations by 20 % below the 1990 degrees by 2020. The strategy places a cap on the sum of C dioxide emitted by concerns and creates a market and a monetary value for C allowances. It covers about 45 % of the emanations in the European Union and about 12,000 industrial installings ( Carbon Trust, 2010 ) These allowances can be obtained for free but power bring forthing companies will hold to pay for these allowances by 2013. Large emitters of CO2 are expected to supervise and describe their CO2 emanations and return the tantamount allowances of emanations to the authorities yearly. In a command to avoid any abnormalities that might happen during the class of a twelvemonth for illustration in utmost winter or summer periods, works operators subject to the EU ETS is given a period of several old ages at one time. These Numberss of old ages are referred to as a trading period. The strategy is divided in three stages. The first stage started in 2005 and expired in 2007.This was more or less a trial stage for the strategy execution. The 2nd stage is presently traveling on and it began in 2008 and will run till 2012. In this stage member provinces are expected to put a â€Å" cap † on emanations. These caps are converted to allowances known as EUA ( European Union Allowance ) . Each EUA is tantamount to one metric ton of CO2. Member provinces are expected to administer these allowances to assorted relevant installings involved in the strategy in their several states harmonizing to their National Allocation plans ( NAP ) . 10 % of the allowances will be auctioned alternatively of being free and higher per centums will be allotted in the United Kingdom and Germany. All installings will be expected to supervise and verify all C emanations and at the terminal of each twelvemonth must give up allowances to cover up for assorted emanations and can purchase emanations to cover up for extra emanations within the twelvemonth. The Joint Implementation mechanism and the Clean Development mechanism can be used within this stage to farther heighten the strategy. The Phase 3 will get down be 2013 and run boulder clay 2020. The execution will so be at the EU Level instead than single states. It is expected that there will be a diminution on the â€Å" cap † at least by 1.74 % which will interpret to less emanations of approximately 21 % less the Greenhouse gas emanations of 2005. The strategy will besides cover more organic structures and companies like the air power sectors and some metal bring forthing companies. For some it will include other nursery gases and CO2 emanations. The allowances will be greatly auctioned instead than given freely and the usage of the Clean Development Mechanism will be tightly restricted.Benefits of the Emission Trading SchemeThe Emission Trading Scheme offers a flexible manner of cut downing emanations. The procedures involved are non bureaucratic as one has the option of slaking emanations by securing energy efficiency tools and using other assorted procedures of cut downing emanations or purchasing up allowances in order to cover the emanations released unto the environment.The Emission Trading Scheme offers a transparent market and liquid market that has a decreased consequence of use from the authorities. There is a correlativity between energy monetary values and C monetary values. During the Phase 1 of the EU ETS ( 2005-2007 ) , the supply for C allowances was fixed and determined by the National Allocation Plan of each state of the European Union. The monetary value of C was traded for approximately 7 euros in the half of 2005, it rose and steadily peaked at 29 euros per metric ton in July and so fell to 20 euros per metric ton a month subsequently. The monetary value of C besides rose to 30 euros per metric ton in April 2006 and so fell to 10euros by the terminal of the month. Some of the energy companies was affected as this led to a decrease in net incomes they got by grandfathering the C allowances. For illustration the British Energy lost approximately 5 % of its stock Market value during the three yearss of this downward tendency of C monetary values. ( Gulli,2008 ) In kernel and efficaciously run EU ETS Scheme can take to downward tendency of electricity and gas monetary values as fewer emanations from the power Stationss will intend less allowances to be provided to cover emanations produced.DecisionThe Kyoto pact has provided three chief mechanisms to assist cut down the rate of C emanations to the environment. One of the mechanisms that have been demoing a possible decrease in C emanation is the emanation trading strategy. The European Union proposed a decrease in nursery gases by 21 % in 2020 below the 2005 degrees. In 2009, the CO2 emanations was reduced by 11 % ( Good,2010 ) . In every bit much as the planetary economic downswing played a important function it is believed that the strategy can actively cut down the C emanations from about 10,000 power installings soon under the strategy. Since the strategy works chiefly by high C dioxide emitters purchasing higher C credits for the sum they emit. For the United Kingdom which is under the European Union to efficaciously run into their 12.5 % C decrease mark by 2020 it is imperative that the sector that emits about half the emanations should be decently catered for in footings of making and strategy or policy that will help decrease in emanations. The domestic sector has been noted to account for approximately 40 % of the emanations in the United Kingdom and suggestions are that a strategy such as the personal C trading strategy would help a behavioural alteration in person ‘s high C emanations ensuing from energy ( electricity and gas ) ingestions, flight travels, and personal fuel ingestion can assist in cut downing and accomplishing the C emanations mark. There are benefits of the personal C trading strategy and the emanations trading strategy both to persons and the environment at big. With effectual running of this strategy power monetary values can be affected and besides the clime alteration effects can be curbed.