Character Formation free essay sample

Utilization of Devices in London's To Build A Fire           Jack London utilizes the gadgets of plot, setting, and portrayal in this short story To Build A Fire to pass on his message that people should be social.  London sets a normal, moderately aged lumberjack in an abandoned Yukon trail during a frigid season.  The temperature is seventy-five degrees beneath zero and the lumberjack and his imposing are going towards Henderson Creek, around ten miles away, where the lumberjack's associates are located.  London puts the man in this Yukon condition to represent that in this chilly, remorseless world, we have to figure out how to profit from one another.           Prior to setting out on his excursion, the lumberjack is offered guidance from an old-clock at Sulfur Creek that no man must travel alone in the Klondike after fifty below.  The lumberjack thinks this is somewhat womanish and accepts he can get by himself.  Along his excursion, the man experiences demise as he falls into a spring, where  At a spot where there were no signs, where the delicate, whole snow appeared to publicize robustness underneath, the man broke through.  It was not deep.  He wet himself most of the way up the knees before he struggled out to the firm crust.  Then the man constructs a fire underneath a tree and snow falls over it putting it out.  London makes these characteristic occasions in the plot to demonstrate they are not the reason for the man's demise.           Using portrayal, London can show by virtue of who is alive toward the end how one advantages from being social.  The old-clock at Sulfur Creek is alive on the grounds that he is experienced and insightful enough to profit from others' encounters that it isn't insightful to travel alone in the Yukon. The young men at camp are likewise alive on the grounds that they are together and can profit from each other.  The lumberjack's imposing is alive in light of the fact that it is appropriate for the Yukon condition, while the lumberjack is not.  Unlike the other characters, London has the man kick the bucket toward the finish of the story to show that he kicks the bucket in light of his egotism in his capacity to travel alone. Utilization of Devices in London's To Build A Fire :: London To Build a Fire Essays Utilization of Devices in London's To Build A Fire           Jack London utilizes the gadgets of plot, setting, and portrayal in this short story To Build A Fire to pass on his message that people should be social.  London sets a normal, moderately aged lumberjack in an abandoned Yukon trail during a snowy season.  The temperature is seventy-five degrees underneath zero and the lumberjack and his imposing are going towards Henderson Creek, around ten miles away, where the lumberjack's sidekicks are located.  London puts the man in this Yukon condition to represent that in this chilly, brutal world, we have to figure out how to profit from one another.           Prior to setting out on his excursion, the lumberjack is offered guidance from an old-clock at Sulfur Creek that no man must travel alone in the Klondike after fifty below.  The lumberjack thinks this is fairly womanish and accepts he can get by himself.  Along his excursion, the man experiences demise as he falls into a spring, where  At a spot where there were no signs, where the delicate, whole snow appeared to promote robustness underneath, the man broke through.  It was not deep.  He wet himself most of the way up the knees before he struggled out to the firm crust.  Then the man assembles a fire underneath a tree and snow falls over it putting it out.  London makes these characteristic occasions in the plot to demonstrate they are not the reason for the man's demise.           Using portrayal, London can show by virtue of who is alive toward the end how one advantages from being social.  The old-clock at Sulfur Creek is alive on the grounds that he is experienced and insightful enough to profit from others' encounters that it isn't savvy to travel alone in the Yukon. The young men at camp are additionally alive in light of the fact that they are together and can profit from each other.  The lumberjack's imposing is alive on the grounds that it is appropriate for the Yukon condition, while the lumberjack is not.  Unlike the other characters, London has the man bite the dust toward the finish of the story to show that he bites the dust on account of his egotism in his capacity to travel alone.

How to Get Your CDL in District of Columbia and Hawaii

Step by step instructions to Get Your CDL in District of Columbia and Hawaii This article is helpful for any individual who needs to get your CDL in District of Columbia or Hawaii. On the off chance that you need to find out about winning a CDL at different states, we have assembled a far reaching guide on the most proficient method to get a business driver’s permit in each condition of the nation. Region of ColumbiaBefore you apply for a CDL, you should have aâ noncommercial driver’s permit and afterward get a CDL learner’s grant. A learner’s license permits you to drive a business vehicles ifâ accompanied by somebody with a substantial CDL for that class.SEE ALSO: How to Get Your CDL in Indiana, Iowa, and IllinoisGetting Your CDLSchedule your CDL street test by visiting the online administrations street test arrangement scheduler.When you take the CDL street test, you should bring alongâ a driver withâ a legitimate CDL of at any rate a similar class as the vehicle you’ll be driving. You should alsoâ bring the acco mpanying things to your CDL street test appointment:A substantial District of Columbia driver’s licenseA CDL learner’s permitA legitimate and stepped U.S. Division of Transportation clinical confirmation cardAn void vehicle for testing that is a similar sort as your picked CDL class, and a legitimate enlistment documentA substantial driver’s permit with a â€Å"G† (government) underwriting, if utilizing an administration vehicleAfter you effectively complete the street test, you may apply to redesign from your learner’s grant to a CDL.Taking the TestsThe District of Columbia requires the accompanying to get a CDL:Applicants mustâ correctly answer at any rate 80% of the inquiries to pass the information testApplicants must have enough on-street practice to finish the aptitudes assessment in theâ commercial vehicle type that they wish to be authorized forHawaiiHawaii is not quite the same as every single other state in that you should be 21 years of age to apply for a CDL.Here are the means you should take to apply for a CDL:1. Provideâ a visa type photograph. in color.2. Round out a CDL application.3. Give aâ current driver’s permit, Social Security card, and guaranteed birth certificate.4. Flexibly a DOT clinical report.5. Pass an eye exam.6. Take and breeze through aâ written general information assessment and any of the composed support exams.After finishing stages 1-6, you will be givenâ a CDL guidance grant. This permits you to rehearse drivingâ in the class of vehicle you expect to take your street test in under the management of an authorized business driver.7. At last, you would then be able to calendar and take the aptitudes test, or on-street driving test. The request of the tests is: pre-trip review; rough terrain; and street test.In Hawaii, a CDL is substantial for as long as 8 years. From that point forward, you have to recharge it. On the off chance that you’re 72 or more established, y ou have to reestablish it like clockwork.

My Monday (in Snaps)

My Monday (in Snaps) (Take a look at “My Monday” by Yuliya K. 18 for her day in the life at MIT post) 8:45: Wakeup. For real this time, after 10+ snoozes. 8:53: First snap! Of a TMAYD MIT (Tell Me About Your Day MIT) wristband. Happy Monday, MIT! Also my roommate picked up my first paycheck in our shared mailbox. Exciting stuff! 9:05: Depart Conner 5. Isn’t our elevator art on point? (We’re the Home of the Velociraptors, in case you were wondering) 9:06: Aaaand it’s cold outside at a crisp 45 degrees. But good thing I’m all bundled up though, with a beanie and down jacket. 9:10: Arrive at Johnson Arena, next to the Z-Center for skating practice. During practice, a friend from Technique, the yearbook, photography, and design club, drops by to take some pictures for her photography class project. 10:00: OK, so I woke up later than I intended, so my training session was cut short. Ideally I’d wake up early enough to skate the full session starting at 8am. Anyways, it’s time for breakfast! I always dig the chocolate milk, especially after practice! 10:45: Walk across Mass Ave and enter Lobby 7 on my way to take the 3.091 (Solid State Chem) midterm. Quick diversion: it’s a hackthe MIT Zoo! (Check out “A Collection of Curious Creatures at the MIT Zoo” by Chris Peterson for some great shots) 10:59: Got just a little distracted by the zoo animals, but I arrive at 10-250 with a few minutes to spare (on MIT time). T-6 mins before exam begins. 11:02: T-2 mins… Time to get calculator, pencil, eraser, periodic table, table of constants, and cheat sheet out. 11:04: Here we gooooo! OK, it’s time to put my phone away. 12:08: Walk out of 10-250 feeling WRECKED by the midterm. alksjdfiwejkndfv. I can’t even think straight anymore. My brain hurts. 12:10: Down the hall it’s Lobby 7! Lobby 7 is always on point. There’s light and beauty at the end of the hallway/tunnelthat’s what I’d like to think at least… Now off to Rotch Library to pset for 8.01 13:30: Still psetting. 13:45: Time to leave for 18.02 recitation. Back down to Lobby 7, and another chance to receive the full MIT Zoo experience, feat. dino, ¾ of cow, seal, and head of cow. 13:48: Oops. Forgot to get lunch. Run to Masseh to get food to-go. 13:57: Run through the Infinite, weaving through people to get to Building 66. 14:05: Made it just in time. We get back our 18.02 midterms that we took on Thursday. No time to look them overwe got material to cover. Today it’s line integrals. Fun stuff. 15:05: MAS.A19 seminar, aka “Designing Consumer Electronics” and held at the Media Lab which has to be the coolest building on campus. Snacks provided too! 17:10: Walking through the Infinite for the n-th time today, I am greeted by another zoo animal, this time it’s a circular cow hanging from the ceiling. Mooooo. 17:15: Make my way to Barker Library. The reading room is an amazing place to study (and to doze off) in. Nikola Tesla’s bust resides outside Barker. 18:20: Attempting to finish 8.01. Can’t figure out a part of a part of a problem. Noooooo. Time to go to office hours. 18:30: 8.01 office hours. Ask for help to figure out what I’m doing wrong. So I do it on the whiteboards again to double check my strategy. And it works! I can’t algebra, that’s why. Oops. 18:50: Walk thru Infinite for the infinith-time. This time I spot a hanging octopus. Yeeeeewalking thru the Infinite today has been so exciting! 18:51: I spy free food in Lobby 10. Time to snack up on some sandwiches. Have yet to eat dinner. 18:55: Cross Mass Ave once again. Building 7 looks on point at night. 19:00: Arrive at the TechX office in the Student Center for a meeting about organizing the Banquet for xFair, MIT’s spring career fair and expo. A futon is convenietnly opened up. Would love to take a nap, but it’s time to discuss logistics! Oh, and there’s also snacks stocked up in the room. Yay. 20:54. Time to eat dinner. Back again at Masseh. 21:05: Not too much time to waste. Back in the Infinite on my way to Building 2 for the general TechX Logistics Committee meeting. More discussion and planning and emails. 22:04: Meeting ended early! Finally back in Burton Conner after a full day out. Greeted by our floor’s uber cool light-up sign, which is reprogrammable. 22:06: Got an email that my Amazon shipment has arrived. Yay for Amazon Prime! Also 3.091 midterm grades released. I know right?! The average was a 63%. I did a lot better than I thought I did. I didnt fail. So yay! Two midterms down, one to go. (18.02 happened last week, 8.01 on Thursday) 22:20: Bought a card reader for CF memory card. Now I can transfer and edit photos that I took from a camera checked out from Technique, the yearbook, design, and photography club. 23:50: Done playing for the day. Back to psetting… 00:51: Finally done with the 8.01 pset! #success OK, its bedtime 01:00: ‘Night.

Review Of Five Reasons Why The Gulf Stopped Funding Al Sisi

Genre Analysis: The social purpose of this Factorial explanation is that any historical event can be illustrated by two or more factors (Martin Rose, 2007) to describe the events that happened on July 24, 2014. A Factorial explanation has different stages, which include Phenomenon and explanation. These stages consist of various factors. The first three stages are combined together to construct the nucleus, while the explanation is divided into various factors. These factors could be functioning as explanation of reasons that affect the occurrence of the phenomenon. The headline of the factorial explanation, which is titled Five reasons why the Gulf stopped funding Al-Sisi , draws attention to the most vital aspect of the news event and makes the reader of the news more relevant to the story. In the next stage, which is the phenomenon, it introduces the main event. In addition, the explanation stage in this factorial explanation â€Å"An Egyptian economic expert said that five reasons caused the friends of Egypt conference to fail and made the Gulf States reluctant to provide more loans and grants to President Abdel Fatah Al- Sisi despite his victory in the presidential election† focuses on the main event and also elaborates on other events related to the story. The information in the lead is further developed in the next stage, which is the lead development. The explanation has five factors in which each factor has its own information making each factor

Ford Motor Company An American Automotive Company

Ford motor Company is an American Automotive company that manufactures and sells top of the line auto motives worldwide. Ford is known for the Ford F-series pickup trucks, which is â€Å"America’s top-selling vehicle (pg.721). Their product and services are trucks, cars, SUV’s, commercial vehicles and Lincoln braded luxury vehicles. The company’s headquarter is located in, Dearborn, Michigan and was founded by Henry Ford in 1903. Ford is the second in producing automobiles in United States and the fifths largest producer in the world. The goal for Ford customers is in building a strong relationship with potential customers though out experience. Ford put themselves in a pickle, and they their sales and profits and overall production and†¦show more content†¦So he underwent a plan and where Ford would be successful and profitable. Ford motor company distributes and manufactures into different segments around the world like, North America, Latin America, Europe, Asia Pacific and Africa. The main issue in this case was expanding overseas and reshape the financial problems. I think to me the most interesting thing about this case study was how Ford introduced and outsider with no automotive industry experience. To me this is outstanding and a risky move, but I’ve heard the â€Å"higher the risk the higher the outcome†. But I think his experience in management is what transferred and made him succeed. Now, explaining the external analysis, internal analysis, and SWOT analysis of Ford will support my recommendations for the company. External Analysis Threats of new Entrants When you are talking about the auto industry, this force is weak. Since the automotive industry is very mature and in order to compete in these industry is really difficult, meaning economies of scale are really high. When you put in to consideration that cars are expensive to make, this means barrier of entry are high because of all the companies inside the industry. Being it really hard to build new loyal customer and product differentiation, it would at it max difficult to enter this industry endless you had high startup capital and be experts in RD. You also have to put into consideration various government

The Impacts of the Global Recession of 2008-2009 Free Essays

string(94) " reservations dropped immensely and Mauritius and Tanzania faced numerous tour cancellations\." The world recession of 2008 to 2009 was caused ultimately by global imbalances in trade and capital flows, globalization of financial markets, the trend towards a new finance-led capitalism and the related pattern of income distribution. The effects of the recession on Africa were tremendous and are still being felt today. Africa is homeland to numerous natural resources. We will write a custom essay sample on The Impacts of the Global Recession of 2008-2009 or any similar topic only for you Order Now Contrary to this, it is one of poorest regions in the world constituting almost 10% of the world’s population and ravaged by high crime rates and the HIV and AIDS pandemic. The worldwide economic crisis of late 2008 and 2009 made significant economic and social developmental challenges for African countries. Even if the impact of the economic crisis on Africa was expected initially to be less severe, its challenges have now been estimated to be profound. The profit Africa gained from the exports and imports of natural resources and commodities has reduced substantially. Trade with China and the United States of America became significantly feeble. Interestingly, the outcome of the recession seems to vary from country to country. However, there have been common economic impacts seen from those countries which participate in large scale exportation. Therefore, this essay serves the main purpose of identifying the impacts made by the recession on Africa. These aspects include, impacts made on the tourism, agriculture, hospitality, banking, health, oil and mining sectors. In addition, it identifies the effects on the economy namely, global trade, foreign direct investment, remittances, foreign aid flow and over above this, the exacerbation of poverty as well the positive impacts and changes the recession brought. To make a start with this subject, the consequences of the global economic crisis have been manifold. The crisis has brought a profound economic decline in the economies of African countries and the growth rates have dropped. Furthermore, the impacts brought about by the recession hit all major economic goals, causing a down turn in the natural resources sector and recent development strategies. International trade has played a pivotal role in the economic growth of African countries, with the demand of African commodities increasingly growing in the global market. When the recession had worsened, the most immediate effect was a decline in the exporting and demand of African commodities. In 2009, global trade experienced the sharpest drop in seventy years especially trade in iron, steel and manufacturers and industrial machinery were affected severely. 60 percent of African exports go to the European Union as well as the United States. 1] Thus, considering the fact that America and European countries were adversely affected by the financial crisis, where imports fell by 2 and 5 percent respectively and a substantial fall in the prices of commodities such as copper and oil, African countries were the most vulnerable. As a result, there has been a major decrease in the economic growth rates and account balances. This is saddening, considering the fact that many countries depen d on the exporting revenue of natural resources such as oil and minerals. By way of example, mineral exporting countries such as Zimbabwe, Zambia and the Democratic Republic of Congo dropped approximately 6 billion US dollars in 2009. Furthermore, countries such as Nigeria and Angola saw a deficit of about 79 million dollars and Uganda, the second largest coffee producer and exporter in Africa, experienced a shortfall from 36. 3 million to 23. 9 million. Moreover, South Africa’s total exports decreased significantly in 2009. The most affected product being wine which experienced a large drop in total volumes. Pursuing this point further, the decline in the price of African commodities led to a major loss in trade and trade tax revenue. For instance, crude oil which plays a vital role in making products such as paint, diesel fuel, heating oil and make up has been reported to be the most affected commodity in Africa. There have been numerous statistics showing its decline by 50 % between 2008 and 2009. [2] Over and above this, there has been a 20% fall in the prices of coffee, sugar, copper and cotton during this period. According to statistics given by the African Development Bank, Africa has experienced a decline of 15 billion US dollars in trade tax which accounts for 4. 6 % of government revenue and 1% of Gross Domestic Product. Moreover, the major African oil producers Angola and Nigeria together suffered a loss of 4. 6 billion US dollars in their oil exports. In fact, this has been the largest loss for oil exporting countries of Africa. With regards to the oil, the demand for international market has been reduced by a large margin, coupled with a decline in oil prices. These are the circumstances that have lead to a decline in the oil sector. Oil is a major source of energy in Nigeria and the world at large. As the mainstay of the Nigerian economy and by playing a pivotal role in shaping the economic and political destiny, the reduction of oil exporting revenue consequently affects the economy at large. [3] In the case of both Nigeria and Angola there was a decline in government revenues from 30% in 2007 to 22% in 2009. This in turn significantly reduced the value of the currency. By way of example, we shall look at the impact the recession had on the tourism and hospitality sector. Tourism is key sector for triggering economic growth and in addition, it is a major source of foreign currency and its labour intensive nature ensures that there is employment. Countries like Morocco, Mauritius, Uganda and Kenya are largely dependent on their tourism revenues. Most notably, Botswana’s tourism sector is one of the counties major economic contributors, with tourist attractions like the Chobe National Park, Central Kalahari Game Reserve, Gemsbok National Park to mention but a few. Like numerous other industries, this sector was adversely affected by the global economic crisis. Mainly hotel reservations dropped immensely and Mauritius and Tanzania faced numerous tour cancellations. You read "The Impacts of the Global Recession of 2008-2009" in category "Essay examples" Consequently, a decline in tourism revenue affects food security, purchasing power and potential for expansion. Moreover, in Kenya we see a steady fall in remittances in October 2008 from 61 million dollars to 39 million dollars in January 2009. In fact, tourism receipts went down by 13% in the last quarter of 2008. Additionally, tourism in Zimbabwe was amongst the fastest growing sectors of the economy by contributing significantly to Zimbabwe’s Gross Domestic Product during the period 1980 to 2000. However, as a result of the recession, tourism was the third largest foreign exchange earner in Zimbabwe after tobacco and gold. [4a] In spite of many economic and political hindrances, Zimbabwe is host to one of the Seven Wonders of the World, the Victoria Falls and is home to many tourist attractions such as Lake Kariba, the Eastern Highlands, Great Zimbabwe ruins and boasts of a favourable warm climate. This explains why tourism has historically been an important sector in the Zimbabwean economy. The industry currently employs a significant percentage of the working population. This leads us to the issue of unemployment. Unemployment rose quite drastically in 2009, between 13 and 18 million jobs were lost according to the ILO. [4] Unemployment is rising as a result of the laying off of workers in export orientated industries. Furthermore, the continuing decline in the consumers’ purchasing power reduces demand for manufactured goods, such as household items, clothing and food. In the DRC, 100 000 workers lost jobs following the closing of 40 mines and as a result of 17 mining firms leaving the country. In addition, 80 000 workers in Zambia’s copper belt were left jobless. Many Zimbabwean citizens go abroad in search of greener pastures, and remit money to their families back home, with the sole purpose of investing and consuming. Most of these citizens are either living in South Africa or the United Kingdom. Thus, the world recession reduced employment opportunities to those citizens working abroad. Moreover, there has been a rapid decline in remittances since rising unemployment in Europe is compressing the demand for migrants. The estimated $15 billion dollars sent to Africa as remittances each year dropped significantly by 11%. A decline in remittances also affects household income security. It is of adequate importance to note that these remittances comprise of capital inflows, which are the main source of Africa’s external revenue. These include foreign aid, migrant workers’ remittances and charities. As far as foreign aid is concerned, the majority of African countries largely depend on foreign aid and other charities from the international communities such as Aid for Africa as well as the United Nations. 5] Before the crisis arose, many African countries saw an increase in their annual aid and received a lump sum of money and commodities from many of the countries who form the G8, as a result of the their 2005 summit. However, when the crisis had a profound impact on the American and European economies a number of these developed countries were either forced to withdraw or reduce their a id to Africa. As far as the Organisation for Economic Cooperation and Development (OECD) is concerned, Africa is getting the world’s maximum total amount of foreign development support which comprises of almost 27. 19 billion US dollars. 6] It would be a phenomenon if the African agricultural sector were to be left intact by the recession, especially those African countries that have agriculture as the backbone of their economy . Agriculture dependent economies such as the Ethiopian, Burundian and Malian saw a short fall in their agricultural products, leading to the reduction of their export revenues. [7] In light of this, many countries failed to reach their prescribed goals for production and exportation. As a result, farmers have been left helpless and mostly unemployed as the price of buying fertilizers, agricultural machinery and seeds increased drastically. This has led to a decrease in cultivation. Consequently, the less crops produced trigger an increase in food prices. The economic turmoil made the farmers helpless as they were unable to purchase seeds and fertilizers. This has lead to a decrease in cultivation and the export of products, hence worsening the impact on the food crisis. In this light, African governments have experienced a short fall in revenue which has threatened food security in Africa. To make matters worse, food aids to Africa have been considerably lower, therefore, the number of people facing food insecurity has increased tremendously. There is no doubt that the mining sector in many African countries was affected by the recession, considering the fact that Africa is rich in terms of mineral wealth. Botswana has an open economy which has the mining sector as its backbone. However, the global recession saw a decline in export demand and a reduction in prices of minerals such as nickel, diamonds as well as copper. As a result of this, there was a reduction in public revenue and company sales which lead to massive unemployment. The immediate result of this massive unemployment meant lower household expenditure and savings. On the whole, Botswana’s mining sector is characterized by production cuts, staff retrenchment and lengthy plant shutdowns. STOPPED While there is unemployment one should take into account the immediate effect of unemployment which is poverty. In Africa, women bear most of the economic hardships as they are in many instances widowed as a result of the HIV and AIDS pandemic and immediately take on the role of the bread winner. Regardless of this, due to the recession women are the first to lose their jobs, because men are regarded as the ‘legitimate’ jobholders. 8] Alas, many are left at a dead end, facing an increase in food prices coupled with unemployment. This usually leads to an increase in the cases of malnourished individuals and the most vulnerable being children. Having said this, it is important to note that some parts of Africa are less pronounced than others depending on the strength of the economy. In fact, because of women’s unequal position in the household and the workplace, girls are also more likely to be taken out of school first or not given medical treatment in order to cut down on family costs. In the same vein, the health sector which was already in a state of commotion prior to the recession has been further weakened. The health sector is reliant on aid from foreign organisations as well as financial packages. This aid can be in the form of money, drugs, machinery, medical and surgical implements and sundries and toiletries. The World Health Organisation and the Overseas Development Association are the main donors. Prior to the crisis, the African health sector had developed considerably although it faced many challenges but as the crisis worsened so did the condition of the sector. This can be illustrated by a cut down of all financial and social programmes, reduction in investment in the health sector as well as the decrease in supply and delivery of health care and other social services. The Overseas Development Association is the main organisation that deals with Aids victims by funding their medical needs. Thus a cut in this aid increases the rate of mortalities as well as the rate at which the pandemic spreads. From the onset of the crisis, African stock markets have been vulnerable and hence suffered severely. In Egypt and Nigeria the declines were reported to be 67% whilst many other African countries faced similar situations, these countries include Mauritius, Zambia, Kenya and Botswana. [9]In truth, most immediate effects of a crippled stock market are threats to the banking sector. Bearing this in mind, many banks have primarily felt the impacts of the economic turmoil. Surprisingly, African countries have suffered more losses than developed countries. Firstly, the balance sheet of banks was severely bruised. This takes place when borrowers are unable to meet their debt obligations due to a weakened economy and low income. Prior to the recession, well performing banks could afford to issue out loans, however, due to the financial crisis they faced because of the recession these prominent banks became bankrupt. Besides this, the IMF reports that the flow in nonperforming loans has caused huge profit losses in the banking sector. One can agree that the global recession was coupled with devastating impacts on society as a whole. However, the aftermath of the recession has paved way for economic strategies to prepare us for future crises. Whilst the effects of the recession subside there has been a massive decline in global food and energy prices. Moreover, there has been stabilization in this regard which has come as blessing for countries such as Botswana and South Africa this can be seen by an affordable and stabilised level of food prices and energy. With regards to unemployment the South African government created 500,000 ‘job opportunities in 2010 mainly through a public-works programme which was also done in preparation for the 2010 FIFA World Cup in South Africa. Furthermore, the government has set a target of 4 million new jobs by 2014. The government insists it will create ‘decent work’, even if hese jobs are only temporary as part and parcel of the Expanded Public Works Programme. However the government has reassured the public that these jobs are just a stepping stone for what is to come and a bridge to pave way for permanent, rights based employment. Additionally African governments namely Botswana, Namibia, Tanzania and South Africa have embarked on programmes such as negotiating a framework fo r a unified response by business, government and trade unions, with an emphasis on avoiding, where possible, retrenchments. [10] There has also been a reduction of interest rates. On the issue of interest rates, as a response to the financial crisis most of the African countries have taken actions to reduce their interest rates significantly since the very beginning of the crisis in the continent. In countries like Botswana and Egypt, central banks have made a decrease by 50 basis points. In Nigeria the interest rate was 10. 25% prior to the crisis but the central bank of Nigeria has reduced the rate to 9. 25% in response to the crisis. Many of the other countries include Namibia, South Africa, Swaziland and Tunisia also reduced interest rates. Contrary to this observation the Democratic republic of Congo is the only country that has not complied with strategy. Instead, Congolese banks have actually increased their interest rates. In South Africa the government has taken advantage of the situation by initiating policies and programmes which have reduced the negative effect of the crisis on child poverty and large scale poverty. These programmes will also provide emergency relief to households in distress in this regard although poverty is still problematic, many African countries have taken up social grants, most notably the child-support grant, as well as old-age pensions. Approximately 13 million south Africans benefit from the social grant system, also South Africa ranks among the as one of the most extensive in middle-income countries. [11] Similarly, Botswana and Namibia have taken up various grants with the main aim of fighting against the deepening of poverty and distress for the foreseeable future. Many banks went bankrupt during the recession and in order to prevent a similar scenario some African countries have taken several measures to ensure that there is a constant flow of credit in banks. This has been done by increasing the liquidity to banks and other financial firms in countries like Togo, Niger, Mali and Benin to name but a few. [12] Other countries have resorted to financial packages and new credit facilities to mobilize cash flow. This has been done in Tunisia, Cameroon and Liberia. International trade has played a vital role in the economic growth of African countries as a source of external revenue. So it is thus of adequate importance to solidify and pay attention to Africa’s relationship with the emerging economies of the world which is a handy and important business strategy. This helps Africa to find new markets to advertise and sell African commodities, over and above this it is a strategic way to accelerate export revenue mainly for the oil and other primary commodity exporting countries. On the whole it is encouraged to maintain strong ties with countries such as India and China in order to create opportunities in international market and to bring capital into Africa. As a result of the crisis a greater effort has been put to promote women’s equality and many donors have ensure that women’s voices are heard in high level discussions, conferences and forums, namely the G20 and G8 meetings. Furthermore aid has been increased significantly and an adequate amount t has been directed to cater for women and to support women’s empowerment programmes. Generally there has been an increase in organisations that strive for a world where women are equal, secure, respected and proud. Womankind works together with women’s organisations around the world to reduce violence against women, and to ensure women actively participate in society and ensure that their sole purpose of fighting for women’s rights is upheld. As a final remark, Africa has suffered severe impacts as a result of the recession, but will recover quite soon. Even if the general impact on exports was severe, it was not evenly distributed among sectors, regions and types of enterprise. With the help of the United Nations and many other donors and organisation Africa is at the brink of recovery. Additionally, Africa is in an advantageous position considering its numerous mineral wealth, hence we should rely on these commodities to safeguard our future. Considering the fact that the crisis abruptly affected trade African countries should implement strategies to enhance the demand of their products and to find more markets. Thus it is important to maintain close ties with international trade partners in order to have a constant flow of capital. I urge governments most notably the Zimbabwean government to to actively participate in economic activities and capital generating schemes, which Increase agricultural productivity which in turn raise output and lower food prices, hence reduce inflationary pressures and the demand for imports. Secondly, these governments should also carry out further research to prevent future crises or better preparation for future crises. This research should tackle the areas most affected by the recession such as employment, social welfare support, the health, agricultural, mining and tourism sectors and social prevention for vulnerable groups such as farmers, women, children and the labour force in general. Above all, I strongly feel that aid, funds and relief packages are not given to the appropriate people. Realistically speaking many government officials abuse their privileges and sell these packages for their own benefit, thus there needs to be a strict policy that ensures that these packages are readily available for the needy. From this research, I have concluded that in order for Africa to overcome the impacts of the recession, global strategies are a necessity in order to preserve the foundations of growth and wealth in Africa. END NOTES: [1] R. Triffin, The International Accounts of the United States and their Impact upon the Rest of the World, La Banque Internationale de Luxembourg, Luxembourg, 1985,pp. 12-30 [2] R. J. Shiller, The economy and why it matters for global capitalism, Princeton University Press, New Jersey, 2010, pp. 17-51. [3] S. A. Madujibeya, â€Å"Oil and Nigeria’s Economic Development†, African affairs, Vol. 75, No. 300, Massachusetts Amherst, Massachusetts,1976, pp. 284-316. [4] M. T. Hadjimichael, â€Å"Growth in Sub- Saharan Africa,† IMF Staff Papers, Vol. 43, Zimbabwe, 2009, pp. 605–633. [5] R. Triffin, The International Accounts of the United States and their Impact upon the Rest of the World, La Banque Internationale de Luxembourg, Luxembourg, 1985,pp. 28-43. [6] Ibid [7] S. Seguino, The Global Crisis, Its Gender Implications and Policy Responses, Burlington, Vermont, 2009, pp. 1-25 [8] R. A. Posner, A Failure of Capitalism: The Crisis of ’08 and the Descent into Depression, Harvard University Press, Cambridge, 2009, pp. 16-28. [9] S. A. Madujibeya, opcit, pp. 317-321 [10] D. Sahn, Adjusting to Policy Failure in African Economies, Cornell University, New York, 2010, pp. 3-19. [11] Ibid [12]Ibid, pp. 27-37. BIBLIOGRAPHY: M. T. Hadjimichael, â€Å"Growth in Sub- Saharan Africa,† IMF Staff Papers, Vol. 43, Zimbabwe,2009, pp. 605–633. S. A. Madujibeya , â€Å"Oil and Nigeria’s Economic Development†, African affairs, Vol. 75, No. 300, Massachusetts Amherst, Massachusetts,1976. R. A. Posner, A Failure of Capitalism: The Crisis of ’08 and the Descent into Depression, Harvard University Press, Cambridge, 2009. D. Sahn, Adjusting to Policy Failure in African Economies, Cornell University, New York, 2010. S. Seguino, The Global Crisis, Its Gender Implications and Policy Responses, Burlington, Vermont, 2009. R. J. Shiller, The economy and why it matters for global capitalism, Princeton University Press, New Jersey, 2010. R. Triffin, The International Accounts of the United States and their Impact upon the Rest of the World, La Banque Internationale de Luxembourg, Luxembourg, 1985. How to cite The Impacts of the Global Recession of 2008-2009, Essay examples

Stress Management in the Workplace

Introduction Stress is among the major costly and significant cause of health troubles and mental agony. Stress at work place is considered the major primary stressor. Work stress is thought to affect individuals psychological and physical health as well as the organizations effectiveness in adverse manner. Work stress is one of the ailments that are acknowledged worldwide to be affecting the healthiness of the organization and the health or workers.Advertising We will write a custom essay sample on Stress Management in the Workplace specifically for you for only $16.05 $11/page Learn More Workers who are stressed out will probable have a low motivation towards their work. In addition, stress can be detrimental to such member of staff as it possesses potential danger to their safety at work and in generally their efficiency is extremely low. Pressures at workplace and at home can cause stress. Sometimes it may be beyond employees mandate to protect the s taff against the stress caused by external factors for instance domestic strife but they can protect them from the stress that arises from work (Mandler, 2008). Stress has proved to be a major challenge in the realization of the organization objectives. It may have adverse effects on the organization and the workers. Effective and good management and an aspect of good organizational structure and culture play a vital role in stress prevention. In case the staffs are already stressed, the management should be aware of the situation and possibly devise a mechanism of addressing the challenge. There is generally low or minimal stress when one is adorned with resources, time, and experience to manage the challenges in any given situation. Stress can be viewed as a negative experience that deprives the organization of the productivity potential and it is an inevitable consequence of an occurrence. Stress depends on the peoples perceptions and attitudes towards a given situation and this determines how they will cope with the situation. To be able to develop stress management strategy for any organization, it will be essential to understand the causes of the stress in any given organization (Davis, Eshelman, McKay Fanning, 2006).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Discussion Causes of Stress and Solutions There are many possible causes of stress in any work set-up. It is vital to recognize and identify the main causes of stress in any organization and be able to develop mechanism of coping up with the challenges that stress at work is likely to present. Among the typical stress, inducers include the cases of excess workload which most of them do not have realistic deadlines to deliver, this is likely to make people rush, and this puts the employees under pressure. Most of the people are overwhelmed in these situations. On the contrary having insufficient workl oads may also result in stress as the individuals feel underemployment and their skills are not being maximized. In such scenarios, one feels the organizations may not appreciate the potential at their disposal. It would be important to define clearly the tasks to be done in any given timeframe and both the interested parties to be involved in the generation of the work plan that will guide the operations or the activities to be done at any given time. Another possible cause of stress is when one lacks control of the work he or she is in charge. The lack of control of the activities at work may result in one being stressed since the individuals cannot plan or organize the work according to his or her wish. Poor working relationship and lack of interpersonal support is likely to affect ones performance in any organization. Such scenarios make staff feel isolated and their general lack of coordination of the activities in the organization. In such cases, it is very important to define the line of command and the individual’s area of jurisdiction to minimize conflicts (Davis, Eshelman, McKay Fanning, 2006). The demands on individuals to do the job that they do not have experience on may also expose one to stress conditions. Having insufficient training in most of the tasks one is involved in is likely to frustrate one in carrying out their responsibilities at the organization. Here most individuals are not able to deliver and are at risk as a result of fear of not being able to deliver the expected outputs in a given task assigned to them. It is important that the right people are employed for the right job. During hiring, it would be important for the supervisor of any individuals to go through the job descriptions and evaluation to be done to identify the training needs that the staff may need to be able to perform the given task effectively.Advertising We will write a custom essay sample on Stress Management in the Workplace specifically for you for only $16.05 $11/page Learn More There are also challenges associated with promotion into a new position. Most people find it difficult to settle when given a new position especially when it comes to promotions. The requirements for adapting to a new office contribute to such pressure. Such challenges come with the more demands that the position presents and the changes in the possible relationship and associations with colleagues. The organization should have clearly defined rules governing promotions and pay increment procedures that are transparent where every due recognition must be given t9o the deserving individual There are concerns related to job security, most people feel under pressure to deliver in order to be guaranteed their job. Such scenarios lead to people working extra hours and sometimes out themselves under unnecessary pressure with an aim to impress. This can be said to be caused by lack of other career opportunities, which leads indivi duals to stick to the job they may not be comfortable with. People also get stress as they strive to get pay rise or attain a certain level of pay level. Most of the jobs pay individuals based on the output and most of the jobs are such that the more you work the more the possible returns. It will be essential to cultivate the culture where individuals explore mechanisms of working smart rather than working hard. Working harder has shown to detrimental to people physical and health situation. There are also cases of harassment and bullying that is reported in most organization. This usually happens in all levels of work. The causes for the bullying and harassment are believed to be varied from the racial factors, gender, age, and affiliation in the organization. Cases of sexual harassment have gone unattended because the victims fear the stigmatization that may result. Such cases have been reported in most organization where men and women have been sexually exploited at the expense of their ethical believes and subscriptions and this has led to many suffering in silence (Muchinsky, 2009). It will be essential for the system to have in place an amicable mechanism that is able to address such cases without making the fuss on the victims. Most of the racial cases will require the cultivation of the spirit of team work where all the players in organization feel being part of the organization. Such situations will require the top management team lead by example and have an open system where the members work together as a team and not like a gang where consultation is not allowed.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The system must also be open in such a way that appropriate consultation is carried out when any major decision is made that is likely to impact on the life of any staff in the organization to reduce the cases of uncertainty and rise of informal organization. There are incidences of blame culture where no one wants to be accountable for the action or mistake. The existence of blame culture within any business set up arise when people in the organization are not willing to take responsibility for any action or mistake that has occurred in the organization. This has resulted in rise in temperature especially when the mistake is likely to have serious effects on the organizations performance or image. It is essential that everybody be trained to take responsibility for his or her actions. The organizations must clearly define the job profiles for all staff members. Furthermore, the chain of command must be developed and who is in charge of which department be clearly stipulated to redu ce uncertainty when it comes to who takes responsibility or credit for any happenings in the department. Existence of weak and ineffective management in any organization is likely to stress most of the good staff. Such scenarios mostly leave the staff with a sense of absence or lack of direction and this mostly frustrates their effort in pursuing their individuals and organizations goals. The lack of direction has such far-reaching effect to the organizations performance. On the reverse, there are cases where there is over-management and here we see the employees feeling undervalued in the organization and this may affect their self-esteem. It is very essential for the management to be able to clearly define the lines of command and have an all-inclusive decision making structure in all levels of management. The organization must have clear organs at the various levels of management. The set up should be in such that the decisions made at operational level are binding. The same shou ld be the case with decisions made at the tactical management level and the strategic management level. The organizations should have an effective decision support system at all levels that are informed of the decisions being made. All the staff would like to play their role in various levels, the ability of the organizations to delegate the decisions to various levels of management would cultivate the culture of collectiveness, and this would promote the inclusiveness of all the stakeholders in the running of the organization (Hackman, 2007). In such cases the staff will be motivated and their contribution in various consultative meetings is likely top boost their value to the organizations and their self-esteem. Another evident cause of stress is the existence of different levels of reporting and mostly with different goals and objectives. This can result in conflict, as each manager would like his or her work to be treated as urgent and important. This is likely to put a lot of p ressure on the individuals and forced to treat every work on table as very urgent and important. Operating in such a quadrant may result to individual breakdown and there are tendencies of poor performance. It will be essential for all the managers to be consulted when drafting the work plan of the staff to minimize the conflict of interest when carrying out the work when one is reporting to multiple managers. This is likely to be achieved when the time allocated for serving each manager is well documented as specified. There must be a working mechanism put in place to addressing the possible conflicts that may arise in such circumstances. The staff must be advised on how to plan the work and be able to given promises on what he or she can realistically deliver. Planning your work is likely to reduce the last minute rush to meet every deadline. Having ones, priority right is likely to productively, guide individual’s performance in such cases (Muchinsky, 2009). The failure by the management to inform the employees of any impending changes is likely to result in stress. Decisions that are likely to have a long term effect on the future of the employees must be communicated clearly to the staff and there should be a reliable conflict address system in place to act as mediators in case such decisions are likely to affect the operations in the organizations (Hackman, 2007). Conclusion Determination of the stress causes and addressing the challenges is very important in the survival of any organization. The procedure will always take into account the job analysis of the staff, the psychological assessment of the employees and the management, the legal issues related with the personnel selection and hiring procedures. All these must be factored when determining the effective program to address the already stressed staff or reduce the likelihood of the situation from deteriorating. References Davis M., Eshelman E., McKay M. Fanning P. (2006). The Relaxation a nd stress reduction workbook. California, CA: New Harbinger Publication. Hackman, R.J. (2007). Leading teams setting the stage for great performances. Massachusetts, MA: Harvard University Press. Mandler, G. (2008). Thought, memory and learning: Effects of emotional stress. New York, NY: Free Press. Muchinsky, P.M. (2009). Psychology applied to work. 9th Ed. Summerfield, NC: Hypergraphic Press. This essay on Stress Management in the Workplace was written and submitted by user Mohammed Stark to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Mp3s a new age problem essays

Mp3s a new age problem essays Music is beautiful, and the artists who create it are greatly appreciated. Music lets you escape reality or get you in touch with reality. Most people can relate to a lot of songs, the reason for this is because the artists who write the songs are in some way or another, just like you and me. In the last two years MP3s have become very popular over the Internet and on computers. The new fad deals with sharing MP3 files with other users by downloading the songs from their computer to yours. Is sharing songs between numerous users over the Internet a good or bad concept? Is it illegal and can you get into some legal trouble for doing this? MP3 is short for Moving Picture Experts Group, Audio Layer III, and is a compression format that shrinks audio files with only a small sacrifice in sound quality. MP3 files can be compressed at different rates, but the more they are scrunched, the worse the sound quality. So are they good or are they bad? Good of course! Well it depends on what you use your MP3 files for. If you use them on your own hard drive, for your own personal use and not on any other servers, then youre not a distributor. As long as you keep your MP3s in the privacy of your own hard drive and not on the web, its okay, because youre relatively harmless. You get to download a song and make up your own play lists of songs that you enjoy, without having to go out and spend your money on a CD that you might not end up liking. In most cases, after you heard the songs on your computer and find a band that youre musically interested in, youll buy that CD. One of the reasons that MP3s are so popular is because the y come with so much convenience. Most people would rather download a song then run out to the nearest CD retailer to buy one. Why are MP3s bad? The view of the recording industries is that MP3s are threat to their very ways of life. (Anonymo...

Reflexive Spanish Verbs With an Indirect Object

Reflexive Spanish Verbs With an Indirect Object Spanish often uses reflexive verbs  in a way that seems unfamiliar to English speakers. And they can seem downright indecipherable at when they are in sentences include two object pronouns of a single verb, a phenomenon that is unheard of in everyday English unless those pronouns are connected by and or or. Here are three examples of sentences that include two object pronouns that have different grammatical functions (that is, that arent joined by a conjunction such as y or o). Translations given arent the only ones possible; alternatives are explained below.) Se me rompià ³ la taza. (The objects are se and me. My cup got broken.) ¿Se te olvidà ³ el tomate? (The object pronouns are te and me. Did you forget the tomato?)La espiritualidad es algo que se nos despierta en cierto momento de nuestra vida. (The object pronouns are se and te. Spirituality is something that awakens for us at a certain time of our lives.) Why Two Objects Are Used You may have noticed that the three translations above took different approaches- but that none of the translations are literal, word-for-word ones, which wouldnt make sense. The key to understanding these sentences grammatically is to remember that the se in each of these cases is part of a reflexive verb, and that the other pronoun is an indirect object, one that tells who is affected by a verbs action. Basically, a reflexive construction is one in which the subject of a verb acts on itself. An example in English would be I see myself (Me veo in Spanish), where the person speaking is both seeing and being seen. In Spanish, however, it is possible to think of a verb acting on itself even when we dont translate it that way in English. This can be seen in the first example, where the most common definition of romper is to break. So we can think of romperse (romper plus the reflexive pronoun se) as meaning to break itself, (The translation to be broken might also be used.) The other pronoun, in this case me, tells us is affected by that breaking. In English, we might translate the indirect object me as me, to me, or for me. So a fully literal meaning of the sentence might be something like The cup broken itself to me. Obviously that doesnt make much sense. So how do we translate such a sentence. Normally, if a cup breaks and it affects me, its probably my cup, so we could say My cup broke or My cup got broken. And even I broken the cup would be fine if that fit the context of what happened. The other sentences can be analyzed in the same way. In the second example, olvidarse typically means to be forgotten rather than the literal to forget itself. And if the forgetting of the tomato affects you, you are probably the person who lost it, and the the translation given. And in the third example, despertarse usually means to wake up or to awaken. Without the nos in the sentence, we could could think merely of spirituality waking up. The for us is used to clearly indicate who is a beneficiary of the verbs action, although awakens us could be used. Note how in all these sentences, the se is placed before other pronoun. Se should not be placed between a verb and any other object pronoun. Other Sample Sentences You can see how this pattern is followed with the other sentences. Again, the translations given arent the only ones possible: Estoy agradecido no se me ocurrià ³ antes. (Im grateful it didnt happen to me sooner.) ¡El cielo se nos cae encima! (The sky is falling on us!)Pedid y se os dar. (Ask and it will be given to you.)Que se te moje el telà ©fono mà ³vil es una de las peores cosas que puede pasar. (Getting your cellphone wet is one of the worst things that can happen to you.) Key Takeaways The reflexive pronoun se can be used along with indirect object pronouns that indicate who is affected by the action of the reflexive verb.Se is placed before the indirect object pronoun.Sentences using se and an indirect pronoun can be translated in at least three different ways.

HRM Essay Example | Topics and Well Written Essays - 1750 words

HRM - Essay Example Moreover the staffs feel a greater sense of insecurity for the people of the upper management fail to pay a pleasant ear to their problems. Thus the company in the current juncture is largely facing the threat of rise in attrition levels of the staffs. Older staffs of the company have started developing a feeling that they are being rendered the same importance as given to the newcomers for which they are reflecting less attachment to the task ordered (Fuller, n.d.). Thus the management needs to devise plan of action to let the staff feel secured and motivated so as to reduce the attrition rate. Human Resource Audit-Significance In review of the above problems occurring in GS Plumbing the case for conducting a Human Resource Audit is widely suggested. The Human Resource Audit conducted would help the management to understand the potential and significance of the different Human Resource policies in properly monitoring the activities of the people through the satisfactory compliance o f legal and legislative standards. Human Resource Auditing Process earns due importance for it rests on the activity of conducting interviews on the staffs and employees of the concern pertaining to different levels. Subjects of the interviews mainly aim at highlighting the conditions of employment being offered by the company and the amount of job satisfaction reflected by the large number of interviewees amongst the employees. The Human Resource Audit activities are conducted both by internal and external people. However audit team generated from the external environment is considered more dependable than the internal audit team. The scope of Human Resource Audit is emphasized for it helps in the identification of obsolete policies being practiced by the company and renders fruitful suggestions in changing such for better efficiency. Further Human Resource Audit also helps in enhancing the training dimension of the company to better enhance the working standards of its employees. This practice also helps to focus on the areas, which are deprived of policy regulations and thereby provide efficient mechanisms, which would help in the sorting of problems pertaining to such. Thus the Human Resource Auditing Activity, which in itself is a quite expensive operation, encourages the indulgence of both the management and staff levels. It is because the set of policy recommendations suggested to develop the performances of the organization must be welcomed and reviewed by all. Through such the system of Human Resource Audit earns its due expertise (Gross, 2011). Unplanned Absence of Employees The employees at GS Plumbing were found taking sudden leaves which failed to be administered by the upper management owing to their unplanned nature. Unplanned leaves taken by employees constituted of absences regarding breakdown of their personal health or of the family members. Again the category of unplanned leaves also comprised of employee leaves, which happened due to occur rences of serious accidents in the workplace, and other leaves, which were payless in nature. To address the problem of the growing number of unplanned absences the managers both at the strategic and tactical level are required to conduct a useful process. Firstly the managers and the supervisory team must work to augment to make others aware of the frequencies and consequences of such leaves. Thereby a set of close monitoring actions also needs

The Pareto welfare criterion requires that welfare improvements for Essay

The Pareto welfare criterion requires that welfare improvements for some are not achieved at the expense of damages to others. As it is impossible to imagine a - Essay Example As a decision-making tool, the Pareto chart provides facts and insights necessary for setting priorities. Pareto set up a welfare criterion known as the Pareto optimum which turned out to be an introductory perception in the theory of welfare. This Pareto optimum introduced by Vilfredo is a situation of dealing in which no individual can be improved through welfare while making the other individual worse off. If a change in the economy is in the positive and no individual is worsened off on the cost of one individuals betterment then it is known as Pareto improvement. It can also be said that the situation is Pareto superior. Pareto efficiency is a state resulting in an improvement in welfare of one or more individuals without adversely affecting the welfare of others. Pareto's theory was based upon the equal distribution of resources so that the well being of one person would not affect the well being of the other. This is not being achieved in the now world but in the recent years governments are taking steps to influence proper resource allocation. These steps include the introduction of public goods and services which are an exception and face no rival ness. The governments are increasingly getting involved in the field of semi public goods which are neither owned by the private or public sector companies. The governments provide subsidies which help in lowering the goods prices; lower the cost prices, impose tax penalties to limit the consumption or production of a good and mandate the goods or services like education on the public. This helps the government to properly allocate all the resources available. Tax penalties or legal punishments are enforced on the manufacturers by the government in order to limit the production or consumption of a good for e.g. pollution. They would impose excise taxes on products so that the production of harmful goods is dispirited for e.g. alcohol. The government also has an important role to play in the public Economic En terprises. They could invest more in their public sector and improve the goods in the market provided by them to the public at a much lowered price then available in the market. They could even privatize the companies so that natural monopolies are avoided in the market which exhibit increasing returns to scale. Such types of monopolies are taken over by the government on the basis of efficiency. The government would charge a price for the products less than the average cost and this shortage would be balanced by the tax revenues. And lastly the government could put on economic regulations so that the market works on a safety standard for e.g. providing licenses or patents, setting general anti-trust regulations and etc. This would help the government to change the pattern of resource allocation and thus attain the level of Pareto efficient allocation. Pareto efficiency has proved tremendously helpful for economists; The First Welfare Theorem affirms that when manufacturers and customers both are price takers, the equilibrium allocation is always Pareto efficient. For this reason, a competitive financial system fundamentally will distribute resources proficiently as customers can make the most of their utilities. The Second Welfare Theorem states that any market that is Pareto efficient will include a set of given costs that forms a competitive equilibrium in the economy. Many economists may and

Four basic characteristics of a successful strategy

Four basic characteristics of a successful strategy 2.1.1 What is Strategy? So, what is strategy? Or, better, what it is not? According to Grant (2005) strategy is not a detailed plan or program of instructions; it is a unifying theme that gives coherence and direction to the actions and decisions of an individual or an organization. Furthermore, there are four basic characteristics of a successful strategy: goals that are simple, consistent and long term; profound understanding of the competitive environment; objective appraisal of the resources; and, effective implementation. Other definitions of strategy include:  · the determination of the long-term goals and objectives of an enterprise, and the adoption of courses of action and the allocation of resources necessary for carrying out these goals (Chandler, 1962),  · the pattern of objectives, purposes, or goals and the major policies and plans for achieving these goals, stated in such a way as to define what business the company is in or is to be in and the kind of company it is to be (Andrews, 1971),  · the match an organization makes between its internal resources and skills à ¢Ã¢â€š ¬Ã‚ ¦ and the opportunities and risks created by its external environment (Hofer and Schendel, 1978),  · the pattern or plan that integrates an organizations major goals, policies and action sequence into a cohesive whole (Quinn, 1980). To simplify things we could say that strategy is when a firm assesses its internal organization and external environment, sets its goals and objectives, and designs the action plan to accomplish them. 2.1.2 A Brief Presentation of some Strategic Concepts The concepts and theories of business strategy have their antecedents in military strategy. The term strategy derives from the Greek word strategia, meaning generalship, itself formed from stratos, meaning army and -ag, to lead. Another early contributor to the forming of the concept of strategy is the Chinese Sun Tzu (about 500 B.C.) with his classic piece of work The Art of War, which is regarded as the first thesis on strategy. In modern times, the field of business strategy has largely been shaped around a framework first conceived by Andrews (1971) in his classic book The Concept of Corporate Strategy. As weve seen above, Andrews saw strategy as the match between what a company can do on one hand (organizational strengths and weaknesses) within the universe of what it might do on the other hand (environmental opportunities and threats). This is how the famous concept of SWOT (strengths, weaknesses, opportunities and threats) has emerged. This concept is examined further in the following chapter. Although the power of the SWOT framework was recognized from the outset, managers were given very few insights about how to assess either side of the equation systematically. The first important breakthrough came from Porter (1980) in his book Competitive Strategy: Techniques for Analysing Industries and Competitors where he introduced the concept of the five forces model. This model focuses on the external side of the SWOT strategic balancing act, helping firms to understand those forces in an industry that give rise to opportunities and threats. In this framework, strategy becomes a matter of choosing an appropriate industry and positioning the firm in that industry according to a generic strategy of either low cost or product differentiation. Again, this concept is examined further in the following chapter. Fig. 2.1(1) The Five Competitive Forces Porter These theories have been criticized mainly because they do not help particular firms to identify and leverage unique and therefore sustainable advantages. Furthermore, studies have shown that internal characteristics of particular firms within an industry can make a difference in terms of profit performance. Based on these experiences, a new perspective, known as the capabilities approaches, which is focused on the internal, organisational part of the SWOT equation, has emerged. Based on this theory, firms are exhorted to compete based on their unique or distinctive capabilities, competences and resources. These approaches assume that the roots of competitive advantage lie within the organization and that the adoption of new strategies is constrained by the current level of companys resources. In this framework, external environment received little (if any) attention. Finally, another approach which tries to bridge the two parts (internal organizational element and external environment) and fulfill the promise of Andrews framework is the resource based view. Like the capabilities approaches, the resource based view acknowledges the importance of company specific resources and competences, yet it does so in the context of the competitive environment. It sees capabilities and resources as the heart of a companys competitive position, subject to the interplay of three fundamental market forces: demand (does it meet customers needs and is it competitively superior?), scarcity (is it imitable or substitutable, and is it durable?) and appropriability (who owns the profits?). 2.1.3 Towards a Knowledge Strategy Model Strategic management models have traditionally defined the firms strategy in terms of its product / market positioning (the products it makes and the markets it serves). The resource based approach, however, prescribes that firms position themselves strategically, based on their resources and capabilities rather than on the products and services derived from those capabilities. Resources and capabilities, especially organizational skills and practices learned over time, can become highly unique to a particular firm and hard to imitate by others. Therefore, competitive advantage based on these resources and capabilities is potentially much more sustainable than that based on product and market positioning. Products and markets may come and go, but the firms capabilities are more enduring. Creating a strategy based on unique resources and capabilities provides a more long-term view of strategy than the traditional approach, and one, which is more robust in todays uncertain and dynamic competitive environment. In modern business, knowledge is being considered the most important strategic resource, and the ability to create and apply it the most important capability for building and sustaining competitive advantage. The firm that knows more about its customers, products, technologies, markets and their linkages, performs better. This view is leading to a further development in the resource based theory called the knowledge based view of the firm. The firm is seen primarily as a vehicle for creating, integrating, storing and applying knowledge. Firms embracing the knowledge based view of the world have many difficult questions to answer in formulating their knowledge strategy. If we update the original model of strategy to reflect todays knowledge intensive environment, knowledge strategy becomes the way in which the firm balances its knowledge resources and knowledge processing capabilities with the knowledge required to create its products for its markets in a manner superior to its com petitors. In essence, firms need to perform a knowledge based SWOT analysis. Identifying which knowledge is a unique and valuable resource, which knowledge processes represent unique and valuable capabilities, and how those resources and capabilities support the firms product and market positions, are the essential elements of a knowledge strategy. The firm must identify what it has to know for a given product / market position. Every firm requires some level of knowledge about its technology, markets, products, customers and industry merely to participate and hold its own in its industry. The strategic choices that companies make regarding these factors directly influence what the firm and its members must know to effectively compete. Furthermore, these choices all set the stage for the development of future knowledge through the processes of learning and innovation. Conversely, the firm, given what it knows, must identify the best product and market opportunities for exploiting that knowledge. The creation of unique, strategic knowledge takes time, forcing the firm to balance short and long-term strategic resources decisions. The firm must therefore determine whether its efforts are best focused on knowledge creation, exploitation, or both, and then balance its knowledge processing resources and efforts accordingly. Other critical issues in knowledge strategy include organizational learning (the ability of an organization to learn, accumulate knowledge from its experiences, and reapply that knowledge is itself a skill or competence that can provide strategic advantage), the competition (the firm must assess the knowledge resources and capabilities required by its industry merely to play the game, those required to be competitive and those required to be uniquely innovative) and how easily the firms knowledge can be imitated (on the one hand, knowledge must be made explicit and transferable to share it among the firm, while, on the other hand, once made explicit it is subject to being appropriated by other firms, reducing or eliminating its competitive value). 2.1.4 Knowledge Strategies It has become clear, especially during the last few years, that the term Knowledge Management (KM) has been applied to a very broad spectrum of activities designed to manage, exchange and create or enhance intellectual assets within an organization. In other words, there is no widespread agreement on what KM actually is. For example, information technology applications that are using the term knowledge management in their title range from the development of highly codified help desk systems to the provision of video conferencing to facilitate the exchange of ideas between people. The one fact that there does seem to be agreement on is that different situations require different KM strategies. In this section we will examine a number of proposed different KM strategies and consider how they can be classified. Then we will look into a range of different driving forces behind the strategies and propose how we can select a suitable knowledge strategy. The main difference between the various approaches in knowledge strategy is that they emphasize different aspects of KM: some focus on the knowledge (content), others on the business processes / areas and some on the end results. (A) Knowledge Matrix One of the most widely accepted and widely quoted approaches is that of the knowledge matrix of Nonaka Takeuchi (see Figure 1.3-2 in chapter 1.3.1). This matrix classifies knowledge as explicit or tacit, and as either individual or collective. Nonaka Takeuchi also propose corresponding knowledge processes that transform knowledge from one form to another: socialisation (from tacit to tacit, whereby an individual acquires tacit knowledge directly from others through shared experience, observation, imitation and so on); externalisation (from tacit to explicit, through articulation of tacit knowledge into explicit concepts); combination (from explicit to explicit, through a systematisation of concepts drawing on different bodies of explicit knowledge); and internalisation (from explicit to tacit, through a process of learning by doing and through a verbalisation and documentation of experiences). Nonaka Takeuchi model the process of organisational knowledge creation as a spiral in wh ich knowledge is amplified through these four modes of knowledge conversion. It is also considered that knowledge becomes crystallized within the organisation at higher levels moving from the individual through the group to organisational and even inter-organisational levels. (B) I-Space In another well-known application, Boisot proposes a model of knowledge asset development along similar lines to that of Nonaka and Takeuchi. In Boisots scheme, knowledge assets can be located within a three dimensional space (Information Space or I-Space) defined by three axes from uncodified to codified, from concrete to abstract and from undiffused to diffused. He then proposes a Social Learning Cycle (SLC) that uses the I-Space to model the dynamic flow of knowledge through a series of six phases: 1. Scanning: insights are gained from generally available (diffused) data 2. Codification Problem-Solving: problems are solved giving structure and coherence to these insights (knowledge becomes codified) 3. Abstraction: the newly codified insights are generalised to a wide range of situations (knowledge becomes more abstract) 4. Diffusion: the new insights are shared with a target population in a codified and abstract form (knowledge becomes diffused) 5. Absorption: the newly codified insights are applied to a variety of situations producing new learning experiences (knowledge is absorbed and produces learnt behaviour and so becomes uncodified, or tacit) 6. Impacting: abstract knowledge becomes embedded in concrete practices, for example in artefacts, rules or behaviour patterns (knowledge becomes concrete) Fig. 2.1(2). Boisots I-Space I In his model, Boisot develops an interesting application of the laws of thermodynamics. This thermodynamic analogy points to the elusive and dynamic nature of knowledge. It seems that what is happening is a cycle in which data is filtered to produce meaningful information and this information is then abstracted and codified to produce useful knowledge. As the knowledge is applied in diverse situations it produces new experiences in an uncodified form that produces the data for a new cycle of knowledge creation. (C) Wiig Model Moving on to the business process side, one of the most widely accepted KM models is that of Wiig and the APQC (American Productivity and Quality Center). Wiig identified six emerging KM strategies in a study of organisations considered to be leading the way in this area. The strategies reflect the different natures and strengths of the organisations involved:  · Knowledge Strategy as Business Strategy A comprehensive, enterprise-wide approach to KM, where knowledge is seen frequently as the product  · Intellectual Asset Management Strategy Focuses on assets already within the company that can be more fully exploited or enhanced  · Personal Knowledge Asset Responsibility Strategy Encourage and support individual employees to develop their skills and knowledge as well as share their knowledge with each other  · Knowledge Creation Strategy Emphasises the innovation and creation of new knowledge through RD. Adopted by market leaders who shape the future direction of their sector  · Knowledge Transfer Strategy Transfer of knowledge and best practices in order to improve operational quality and efficiency  · Customer-Focused Knowledge Strategy Aims to understand customers and their needs and so provide them with exactly what they want. (D) Day and Wendler of McKinsey Company Along the same lines, Day and Wendler of McKinsey Company, identified five knowledge strategies employed by large corporations:  · Developing and Transferring Best Practices Like the Knowledge Transfer Strategy identified by Wiig and the APQC above, this strategy focuses on identifying best practices within an organisation and spreading them across a dispersed network of locations  · Creating a new industry from embedded knowledge This approach is to recognise that an organisation may have knowledge, which it can exploit in new ways. In particular, it may have built up knowledge about its customers, which reveals a gap in the market for a new product  · Shaping Corporate Strategy around knowledge This strategy was identified from the experiences of Monsanto, which encompassed two very different business groups: a chemicals group and a life sciences group. The chemicals group was focused on best practice while the life sciences group was an innovation-based business. The knowledge strategies for these two groups were perceived to be so different that Monsanto decided to sell off the chemicals group and concentrate on the life sciences business. This is an interesting example of the tensions between two very different KM strategies  · Fostering and Commercialising Innovation Similar to the Knowledge Creation Strategy identified by Wiig and the APQC above, this strategy focuses on establishing a competitive position by increased technological innovation and reduced time to market  · Creating a standard by releasing proprietary knowledge The cited example is Netscape who responded to the rapid decline of its market share in the internet browser market by making its source code publicly available at no cost. The strategy is an example of the Intellectual Asset Management Strategy identified by Wiig and the APQC study. In this case, Netscape felt that it could capitalise on a key asset (its source code) by giving it away. In return, it hoped to establish its browser as a widely used standard (increased by the adaptation to new specialty areas) and gain indirectly, by securing its share of a complementary product, namely: server software. (E) Three Value Disciplines (Treacy and Wiersema) Moving to the area of strategies based on the end results, we could refer to Treacy and Wiersema who proposed three value disciplines, as a way to focus an organisations activities. In this model, successful organizations concentrate their efforts on a particular area and excel at it, rather than trying to be all things to all people and failing to excel at anything. The three areas are:  · Customer Intimacy  · Product Leadership  · Operational Excellence These value disciplines reflect the fact that value is determined as a trade-off between convenience, quality and price. It is the inherent tension between these three qualities of a product that makes it necessary for an organisation to focus on excelling at just one of them. There are a few organisations that have managed to become leaders in two disciplines, but they have done this by focusing on one area first before turning to a second one. At a simplistic level, there are three primary elements to any competitive business: the business itself, its product(s) and its customers. Each of these components represents the focus of attention for one of the value disciplines. The focus is on the customers and their needs and desires when pursuing Customer Intimacy; the focus is on the product(s) when pursuing Product Leadership; and the focus is on the organisation itself and its delivery processes, when pursuing Operational Excellence. Some organizations will concentrate on their relationship with their customers (to increase customer satisfaction and retention by better understanding the customers needs and preferences). Other organisations will focus on their products (constantly developing new ideas and getting them to market quickly). The third group of organisations focus primarily on themselves and their internal processes (sharing best practices between different units, reducing costs and improving efficiency). (F) Zacks Strategy Another approach to identifying what KM strategy to take is proposed by Zack. He proposes a framework which helps an organisation make an explicit connection between its competitive situation and a knowledge management strategy to help the organisation maintain or (re-) establish its competitive advantage. He makes it clear that while each organisation will find its own unique link between knowledge and strategy, any such competitive knowledge can be classified on a scale of innovation relative to the rest of the particular industry as: core, advanced or innovative:  · Core knowledge is a basic level of knowledge required by all members of a particular industry. It does not represent a competitive advantage, but is simply the knowledge needed to be able to function in that sector at all.  · Advanced knowledge gives an organisation a competitive edge. It is specific knowledge that differentiates an organisation from its competitors, either by knowing more than a competitor or by applying knowledge in different ways.  · Innovative knowledge is that which enables a company to be a market leader. It allows an organisation to change the way a sector works and represents a significant differentiating factor from other organisations. Having identified the organisations competitive knowledge position, Zacks approach is to use a SWOT analysis to identify the strategic gaps in an organisations knowledge. This allows the organisation to identify where it has knowledge which it can exploit and where it needs to develop knowledge to maintain or grow its competitive position. This is achieved by analysing the organisations knowledge position along two dimensions:  · Exploration vs. Exploitation This is the degree to which the organisation needs to increase its knowledge in a particular area vs. the opportunity it may have to leverage existing but under-exploited knowledge resources.  · Internal vs. External Knowledge This refers to whether the knowledge is primarily within the organisation or outside. Some organisations are more externally oriented, drawing on publications, universities, consultants, customers, etc. Others are more internally oriented, building up unique knowledge and experience, which is difficult for competitors to imitate. Putting these two dimensions together, Zack describes organisations which are more exploitative of internal knowledge as having a Conservative KM Strategy while those that are more innovative (exploring external knowledge) have a more Aggressive KM Strategy. However, he points out that a KM Strategy cannot be made without reference to competitors. Thus, some industries (where knowledge is changing more rapidly) tend to be characterized by more aggressive firms, while other industries are generally more conservative. Summary Given that the classifications by knowledge listed above (Nonaka Takeuchis knowledge matrix and Boisots I-Space model) focus on the process of knowledge transformation and that most real world processes operate on a continuum rather than a step transformation, it is perhaps not surprising to find that some researchers have suggested that explicit and tacit knowledge should be considered to be at the ends of a spectrum of knowledge types rather than being the only two categories on that spectrum. Beckman has suggested that implicit knowledge is an intermediate category of knowledge that is tacit in form, but is accessible through querying and discussion. Nickols proposes that Nonaka Takeuchis categories should be further broken down according to whether they focus on declarative or procedural knowledge. What is needed is a classification that proposes a spectrum of knowledge management approaches. If this spectrum can accommodate the various approaches suggested previously, then it can be considered to be sufficiently comprehensive to be useful. Derek Binney provides a framework, the KM Spectrum, to help organisations make sense of the large diversity of material appearing under the heading of KM, and to help them assess where they are in KM terms. His focus is on the KM activities that are being carried out, grouped into six categories:  · Transactional KM: Knowledge is embedded in technology  · Analytical KM: Knowledge is derived from external data sources, typically focussing on customer-related information  · Asset Management KM: Explicit management of knowledge assets (often created as a by-product of the business) which can be reused in different ways  · Process-based KM: The codification and improvement of business practice and the sharing of these improved processes within the organisation  · Developmental KM: Building up the capabilities of the organisations knowledge workers through training and staff development  · Innovation/creation KM: Fostering an environment, which promotes the creation of new knowledge, for example through R D and through forming teams of people from different disciplines. Binneys analysis is interesting because it reflects aspects of both the knowledge-centred classification of KM and the business perspectives classification of KM. In terms of business perspectives, Binneys categories reflect activities that support particular perspectives; for example, Asset Management KM matches Wiigs intellectual asset management strategy, while Innovation and Creation KM reflects Treacy Wiersemas product leadership strategy. Yet, Binneys categories also form a progression from the management of explicit knowledge at one end to tacit knowledge at the other. So, for example, Transactional KM involves codifying knowledge and embedding it in applications such as Help Desk Systems or Case Based Reasoning systems, while Innovation and Creation KM focuses on facilitating knowledge workers sharing and creating new knowledge which rests in a tacit form in their heads. For each element of the spectrum, Binney also lists a set of enabling technologies used to implement those kinds of KM Applications. This provides an alternative way to identify KM activity already being undertaken within an organisation, even if not previously perceived in KM terms (Table 1). Table 1 Enabling technologies mapped to the KM Spectrum (Binney, 2001) Transactional Analytical Asset Management Process Developmental Innovation Creation Expert Systems Cognitive Technologies Semantic Networks Rule-based Expert Systems Probability Networks Rule Induction Decision Trees Geospatial Information Systems Intelligent Agents Web Crawlers Relational and Object DBMS Neural Computing Push Technologies Data Analysis and Reporting Tools Document Management Tools Search Engines Knowledge Maps Library Systems Workflow Management Process Modeling Tools Finally, we should note that the latest developments in the field suggest that the KM strategy in a modern, rapidly changing business environment should be dynamic, meaning it should change to follow the developments in the way the business functions or the competition is progressing in the industry. Scholars even go on to propose different KM strategies for different departments of the same organization.

Importance of Sports

Hi how are u I need a paper for school so let me get a bucking paper before I rip your dick off and feed it to my hamster. Ms. Fleeter told me to put this down. She needs to get fired so she can eat her fried chicken and blow up like Ms. Finch. Like the big blob she is. She can be used as a trampoline. Because all she does is sit there and don't teach. She Just sits there and tats till she eventually blows up and pukes up 4567857483904 children. Because that's how fat she is.Well I'm going to tell you why. Sports keep you healthy and fit In many different ways. Plus who would want and old back that's always slouched over and hurts. Another reason Is their very fun to play. A birthday party or sleepovers are some places that sports are fun to play. You can also play sports for a team and those are also fun. My third and IANAL reason Is that they can get you money when you're older.If you're good at the sport and want big money this Is the way to do It. Now let's move on to see how the y keep you healthy. The way that sports keep you healthy are In many different ways. First off they take your mind off things. For example, say somebody died or got hurt In your family. Sports are a good way to get your mind off of It. Next, you have to keep healthy to play the sports. You don't want to be slow when playing the sport. Importance of Sports Hi how are u I need a paper for school so let me get a bucking paper before I rip your dick off and feed it to my hamster. Ms. Fleeter told me to put this down. She needs to get fired so she can eat her fried chicken and blow up like Ms. Finch. Like the big blob she is. She can be used as a trampoline. Because all she does is sit there and don't teach. She Just sits there and tats till she eventually blows up and pukes up 4567857483904 children. Because that's how fat she is.Well I'm going to tell you why. Sports keep you healthy and fit In many different ways. Plus who would want and old back that's always slouched over and hurts. Another reason Is their very fun to play. A birthday party or sleepovers are some places that sports are fun to play. You can also play sports for a team and those are also fun. My third and IANAL reason Is that they can get you money when you're older.If you're good at the sport and want big money this Is the way to do It. Now let's move on to see how the y keep you healthy. The way that sports keep you healthy are In many different ways. First off they take your mind off things. For example, say somebody died or got hurt In your family. Sports are a good way to get your mind off of It. Next, you have to keep healthy to play the sports. You don't want to be slow when playing the sport.

The Unusual Mystery Into Essay for College Samples

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