GLOBAL ECONOMIC Essay Example | Topics and Well Written Essays - 500 words

GLOBAL ECONOMIC - Essay Example Mark and Wolff address the expansion of the proletariat. The former states that the fall of an economic system would force workers to set up structures to facilitate self-government (Heilbroner 156). The latter attributes the recent financial meltdown to a failure in the global economic system. In addition, he reveals how the American working class has been able to grow as individuals from around the world seek opportunity and a better life in the United States of America. Moreover, the workers are finding a voice and leveraging their skills to negotiate for a fair settlement with their financial institutions. Marx looks at machines as instruments that increase production at the expense of human beings (Heilbroner 156). Although the adoption of labor saving practices such as the use of machines in factories increases efficiency while lowering the cost of production, it has a net negative effect on the economy. The move results in the loss of employment for employees. The loss of income means that the people have less purchasing power. The decrease in purchasing power leads to a reduction in economic activities as the demand for goods decreases. A decrease in demand would lead to a decrease in economic activities. For his part, Wolff embraces the argument that has been advanced by Marx. He notes that the increasing use of machines in factories has contributed to high unemployment rates in the country. Productivity in the world has often depended on the employees who work tirelessly to deliver on the objectives of the country. However, this valuable resource in economic activities can be undermined in some instances. Firstly, employees are the ones who lose their jobs when the organization fails to perform well or when the economy of the country must be Secondly, they are forced to compete with machines. Moreover, American employees have been forced to compete for work with the Chinese workers. In addition, the workers have been left

Ancient history Essay Example for Free

Ancient history Essay Lebanon   French: Republique libanaise), is a country on the eastern shore of the Mediterranean Sea. It is bordered by Syria to the north and east, and Israel to the south. Lebanons location at the crossroads of the Mediterranean Basin and the Arabian hinterland has dictated its rich history, and shaped a cultural identity of religious and ethnic diversity. [8] The earliest evidence of civilization in Lebanon dates back more than 7,000 years—predating recorded history. [9] Lebanon was the home of the Phoenicians, a maritime culture that flourished for nearly 2,500 years (3000–539 BC). Following the collapse of the Ottoman Empire after World War I, the five provinces that comprise modern Lebanon were mandated to France. The French expanded the borders of Mount Lebanon, which was mostly populated by Maronite Catholics and Druze, to include more Muslims. Lebanon gained independence in 1943, and established a unique political system, known as confessionalism, a power-sharing mechanism based on religious communities. French troops withdrew in 1946. Before the Lebanese Civil War (1975–1990), the country experienced a period of relative calm and prosperity, driven by tourism, agriculture, and banking. [10] Because of its financial power and diversity, Lebanon was known in its heyday as the Switzerland of the East. [11] It attracted large numbers of tourists,[12] such that the capital Beirut was referred to as Paris of the Middle East. At the end of the war, there were extensive efforts to revive the economy and rebuild national infrastructure. [13] Until July 2006, Lebanon enjoyed considerable stability, Beiruts reconstruction was almost complete,[14] and increasing numbers of tourists poured into the nations resorts. [12] Then, the month-long 2006 war between Israel and Hezbollah caused significant civilian death and heavy damage to Lebanons civil infrastructure. However, due to its tightly regulated financial system, Lebanese banks have largely avoided the financial crisis of 2007–2010. In 2009, despite a global recession, Lebanon enjoyed 9% economic growth and hosted the largest number of tourists in its history. Etymology The name Lebanon comes from the Semitic root lbn, meaning white, likely a reference to the snow-capped Mount Lebanon. [15] Occurrences of the name have been found in texts from the library of Ebla,[16] which date to the third millennium BC, nearly 70 times in the Hebrew Bible, and three of the twelve tablets of the Epic of Gilgamesh (perhaps as early as 2100 BC)[17]. The name is recorded in Ancient Egyptian as Rmnn, where R stood for Canaanite L. [18] Ancient history Main article: History of ancient Lebanon Evidence of the earliest known settlements in Lebanon was found in Byblos, which is considered to be one of the oldest continuously inhabited cities in the world,[9] and date back to earlier than 5000 BC. Archaeologists discovered remnants of prehistoric huts with crushed limestone floors, primitive weapons, and burial jars left by the Neolithic and Chalcolithic fishing communities who lived on the shore of the Mediterranean Sea over 7,000 years ago. [19] Lebanon was the homeland of the Phoenicians, a seafaring people that spread across the Mediterranean before the rise of Cyrus the Great. [20] After two centuries of Persian rule, Macedonian ruler Alexander the Great attacked and burned Tyre, the most prominent Phoenician city. Throughout the subsequent centuries leading up to recent times, the country became part of numerous succeeding empires, among them Persian, Assyrian, Hellenistic, Roman, Eastern Roman, Arab, Seljuk, Mamluk, Crusader, and the Ottoman Empire.

Rhetoric In The Media Essay -- essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Many times we hear things through media and don’t actually listen to what they may say. When people hear something through mass media, they don’t realize that there is a person’s point of view stated in the story. And many times what people don’t see is that there is no such thing as an objective point of view. This is called Rhetoric; when someone states their point of view using words that either sway an audiences opinions one way or another. Rhetoric can be found in many places such as a T.V add or a commercial, magazine articles and advertisements, the news, and even radio commercials.   Ã‚  Ã‚  Ã‚  Ã‚  Watching the regular news as I frequently do, I always hear the way a reporter speaks about a topic and immediately I know the view that that particular reporter takes. This happens in many instances, but one time in particular caught my attention. A reporter was doing a story on vandalism. Usually you hear about vandalism on abortion clinics and harassment of that sort, and usually the reporter uses the words â€Å"Anti-abortionists† to describe the people who commit these crimes. One the other hand this time was different. The reporter was doing a story on vandalism that happened on a church billboard, outside the church, and the billboard said something having to do with pro-life and the choice that they believed in. Later that night there was a huge black question mark that was spray painted on that saying. The reporter desc... Rhetoric In The Media Essay -- essays research papers   Ã‚  Ã‚  Ã‚  Ã‚  Many times we hear things through media and don’t actually listen to what they may say. When people hear something through mass media, they don’t realize that there is a person’s point of view stated in the story. And many times what people don’t see is that there is no such thing as an objective point of view. This is called Rhetoric; when someone states their point of view using words that either sway an audiences opinions one way or another. Rhetoric can be found in many places such as a T.V add or a commercial, magazine articles and advertisements, the news, and even radio commercials.   Ã‚  Ã‚  Ã‚  Ã‚  Watching the regular news as I frequently do, I always hear the way a reporter speaks about a topic and immediately I know the view that that particular reporter takes. This happens in many instances, but one time in particular caught my attention. A reporter was doing a story on vandalism. Usually you hear about vandalism on abortion clinics and harassment of that sort, and usually the reporter uses the words â€Å"Anti-abortionists† to describe the people who commit these crimes. One the other hand this time was different. The reporter was doing a story on vandalism that happened on a church billboard, outside the church, and the billboard said something having to do with pro-life and the choice that they believed in. Later that night there was a huge black question mark that was spray painted on that saying. The reporter desc...

Criminal Investigations Essay

1.The methods of inquiry is divided into 2 distinct categories. One category is archeologist, historian, journalist, epidemiologist, and criminal investigator. The second category is scientist in general including artist. Fusing these categories together allows the reconstruction of the past. Methods of inquiry use techniques common to both science and art. During an investigation is it important to figure out what took place before the crime was committed to give the police a better understanding of where it took place, why it took place, how it took place and all the events that lead up to the crime. Osterburg, J. W. & Ward, R. H. (2010). Criminal investigation, A method for reconstructing the past (6th ed.) 2.The optimal mindset of an investigator should be open minded and investigative. It is manifested by going into a scene looking at scene from all angles not by having it in your head it was done one way and there is no other possibility. The investigative mindset comes from experiencing it hands on or by practicing. Some people are born with this mindset. An investigative mind gives us the ability to see what a naked eye wouldn’t. It also allows us to see evidence others may not think would be related to the scene. With both mindsets we come in with the questions of who, what, why, when, where? Osterburg, J. W. & Ward, R. H. (2010). Criminal investigation, A method for reconstructing the past (6th ed.) 3. Scientific method is observing, thinking about and solving problems. Investigators will use these methods throughout the entire investigation. Once the investigator arrives on scene they will make note of what they see in regards to bullets, tools, impressions, motive, blood spatter, and how it compares to other unsolved crimes. The investigator will use observation and thinking about the scene to lead him to solve the crime. These methods will also lead to catching the perpetrator. A reason may even be drawn to conclude as to the cause of the crime. Osterburg, J. W. & Ward, R. H. (2010). Criminal investigation, A method for reconstructing the past (6th ed.) 4. The primary sources are used to reconstruct the past and the events leading up to the crime. The sources are records, physical evidence, and people. The people may be victims or eyewitnesses of the crime. The records would be use of stolen credit cards, forged checks, or ransom notes. The physical evidence would be shoe impressions, tool impressions, if barefoot it would be foot impressions, fingerprints, fibers or hair. People can be of value as well. They may know a wealth of information as to who committed the crime, the location of the perpetrator. They may be able to lead you to a person of interest. If nothing else the can give you valuable evidence such as a description. Osterburg, J. W. & Ward, R. H. (2010). Criminal investigation, A method for reconstructing the past (6th ed.)

Resistance to Change Paper Essay

Introduction Resistance to change comes along quite a bit in all organizations; and individuals are comfortable with what he or she knows. Organizations are constantly struggling with combating resistance to change, and all the while keeping individuals ideas and concerns in mind. In order to make things a little easier Lewin’s theory can be used, to make this transition to change a little easier. There is also organizational and individual resistance, and what major factors can cause resistance to change. Resistance to change can be managed, and how it does solely relies on the organization. Organizations have a lot to cope with on a daily basis, and when changes are made this impacts the company as a whole. Many things can contribute to resistance to change, and listed below are factors organizations face when changes are implemented. Organizational Resistance to Change When it comes to organizational resistance to change this has to be done very carefully. Resistance to change does not only affect just an individual it affects the organization as a whole. Some of the examples of organizational resistance are structural, threats of power, a sinking in costs, special treatments, groups, etc. The structure of the organization is one of the most important things; the structure is the stability, what makes the organization what it is. Power, if an individual or a group feels like their position is being threatened, resistance will be the first thing that happens. Power wars can hurt the memento of work that has been occurring before the changes. Upper management may be a little more resistance when they determine the costs of training; changes happen and learning all again. Special treatments could be given to certain individuals, and the newer individuals are getting tasks, the older staff used to have. An organization has to keep all these in mind when trying to transition organizational change with resistance. There are some individuals that belong to a certain group, and listening to others how the changes are not necessary, so the  individual will be a little more resistant to the changes. Individual Resistance to Change The individual’s resistance to change can be brought on by many different things. One of the challenges faced by an organization is other employees or other individuals not going along with the changes. Some examples of resistance to change can include fears of the unknown, employee relationships, routines, failure of communication, and economical conditions. Fears of the unknown can do an individual in. An individual that is resistant can make it quite difficult when changes do occur. Within an organization, relationships are built, and sometimes when changes occur individuals feel threatened, to the point of feeling their relationships with others will no longer be. Also, the employees that are in a group or working with one individual are normally friends. By moving he or she, this will mess up the routine, and its takes them out of what they are comfortable with. Employees are used to their routines, and when taken out of their comfort zone, he or she can be more resistant to change. Failure of communication can be a big problem. If employees feel there was a blind side, and nothing communicated about these changes, this can backfire. Setting up a meeting with employees can make the transition go a lot easier, and not resistant to these changes. Economical conditions are a factor, and if the employee feels that there is nothing in it for them. Then he or she can be more resistant to change. Employees want to feel that there will be some reward to compensate for the trouble he, or she will be put in to accept the changes. There are a lot of factors for an organization to consider, especially when changes are made. If done properly, an organization can have the proper reactions from employees, and the transition will be a complete success. Also, management needs to listen to any apprehensions, or fears employees may have. There are multiple methods that can be used when changes are taken place; one of the most successful is Lewin’s Theory of Change. Lewin’s Theory of Change Kurt Lewin is best known for the 3-Stage Model of Change. Lewin developed  the 3-Stage Model in the 1950’s and is still used to this day. The three stages are unfreezing, changing and refreezing. â€Å"The model represents a very simple and practical model for understanding the change process (2014).† This model is still used widely and does serve a purpose for multiple modern change models. If an organization follows the 3-Stage Model of Change, the transition of change will be more effective. â€Å"For Lewin, the process of change entails creating the perception that a change is needed, then moving toward the new, desired level of behavior and finally, solidifying that new behavior as the norm (2014).† Unfreezing The first step is unfreezing, for example if there is something frozen in one’s freezer; it needs to be taken out and thawed out. This is what occurs when changes take place. When a change needs to be implemented, the first step is unfreezing. It is common for individuals to resist change, and in order for this to be successful, the unfreezing step is implemented, and to let others be conscious of what is hindering the organization. During the unfreezing step, it is highly important communication is used to make the transition a lot smoother. Also, it is crucial for individuals to realize how important it is to be accepting to the changes and the logic and reason for why this is occurring. Once the individuals in the organization know how imperative and essential the changes the more beneficial it is to them and the company. Changing The second step is changing, for example once something is unfrozen then changes can now take place. â€Å"This changing step, also referred to as ‘transitioning’ or ‘moving,’ is marked by the implementation of the change (2014).† Now that this step is implemented new behaviors, values, attitudes, and ways of thinking are all put into practice. It will be easier for employees to embrace changes the more prepared they are. It is important there is communication, support, education of changes, and time is what is needed for changes to be successful. Change needs to be planned and carried out carefully. With proper support and mentoring the change process should run smoothly, and all involved can transition easily. Refreezing The third step is refreezing; for example, this is the process of  reinforcing the act. This step stabilizes after the change has taken place. If this step is not carried out, this can lead to employees retracting back to the way things were done before the change was implemented. It needs to be carefully planned out to ensure that retraction does not occur, and enforced that this will not happen. The changes also need to be normal and part of the culture of the organization. The success of this can be rewarding to the employees, and organization when the help of the individuals reached goals during the changing process. The leaders can also acknowledge the hard work put into reaching these goals, and embracing the changes. Conclusion Resistance to change occurs quite a bit in any organization. In order for this to be successful, there are certain steps to be taken to ensure the organization embraces the changes. Transition to changes can come easy or be a nightmare to the whole organization. Kurt Lewin’s theory of change has worked for a long time and is still used for modern change models. Changes are key to the growth of the organization, and that of their employees. Using the 3-Stage Model of Change has been a success and has worked for many years. To obtain success, the organization has to embrace the changes, and to work together, not against one another. Resistance to change is a given, it is a fear of the unknown, educating employees are key to how successful an organization will be once it has been implemented. If used correctly Lewin’s Theory of Change should work successfully for any organization. Change is not always easy for some, but if communication, mentoring, and support are all used, then the organization should have complete success. Today, tomorrow, months, and even years from now Lewin’s Theory of Change will still be working for organizations trying to prevent resistance to change. Reference Lewin’s 3-Stage Model of Change: Unfreezing, Changing, Unfreezing. (2014). Retrieved from http://www.education-portal.com/academy/lesson/lewins-three-stage-model

Essay Sample on the Nature of Translation

Essay Sample on the Nature of Translation Many people think that any educated person who knows more than one language can translate and interpret. It is far from the truth. Only translators with good background knowledge, subject knowledge, social and cultural competence and, of course, advanced language skills will be always needed. Translation is a process of conveying information with the help of linguistic and cultural knowledge. The fact that we are able to produce equivalent in English for every word does not mean that we can give an adequate translation of the text. Translation implies that we have capacity to enter into the mind, the world, and the culture of the speakers or writers and we can express their thought in a manner that is not only parallel to the original, but also acceptable to the target language. (A. Duff). While translating we need to be faithful to the original and try to fit into the context in the target language. It is not right to focus on the surface meaning only. Words, sounds and grammar are important, but the attention should also be paid to the ideas and concepts, so called deep meaning. Trying to translate as well as possible, transformation shouldnt be forgotten. The structure of the sentence is different in different languages, so the goal is to find the equivalent surface structure in two languages which correspond to the common deep meaning. Translation involves changing the form of the message from one language to the appropriate form in the second language without changing the deeper meaning (M.Larson). Word for word translation is a result of a wish to be very close to the meaning in the source language, but it is no good. This kind of translation will definitely ruin the real deep meaning and even the surface structure in the target language. Adequate translation means a conceptual identity in both, the source and target languages. Culture in translation plays the biggest and the most important role. It can help in communication and translation, but the lack of knowledge of it can be a great barrier. Wierzbicka argues that we are different people not only because we speak different languages, but we think differently, feel differently and relate to other people differently (A. Wierzbicka). The choices of how to translate should be made very carefully, it requires theoretical knowledge and an understanding of how choices in texts reflect other relationships between senders and receivers of the information. To be a good translator it is one of the most challenging tasks, as it requires switching safely between two universes of discourse. If you need a custom essay, research paper, thesis, term paper, dissertation on Education or other discipline feel free to contact our professional custom writing service.

What it Means to be an American

What it Means to be an American Free Online Research Papers The 1910s was a decade of great change for America. It was during this decade that the United States was first considered a world leader. Many of the issues of 1910 are ones we face today: including the escalation of immigration and poverty, labor and monopoly battles, work safety and child labor problems. The 1910s were the decade America came of age. Being a black teacher was very difficult between the 1910s and 1920s for me. In many whites’ eyes and in their own words they called us Negro teachers. Despite these long years of service by black teachers to the black community there was never a book of what went on. By the turn of the 20th century, nearly 75 percent of Americas teachers were women. Therefore; women made up a far smaller percentage of administrators, and their power decreased with each higher level of authority. Our department had always been closely watched; increasingly their work in the school room was not only scrutinized, but rigidly controlled. Teacher autonomy was on the decline, and teachers resented it. Many of our teaching positions were dispensed through political patronage. Married women were often barred from the classroom, and women with children were denied a place in schools. We as teachers had little flexibility in how we were to teach their myriad charges, who in urban schools particularly, might well come from impoverished families who spoke little English. We taught in classrooms that were overcrowded, dark and poorly ventilated. Schools felt like factories. For rural teachers, conditions were not necessarily much better. We had limited resources, with the added burden of keeping up run-down schools. We suffered from inadequate materials and funding for teaching. Though our communities were eager for schooling, teachers found that money was rarely abundant. Well into the 20th century, black school systems relied on hand-me-down textbooks and used equipment, discarded by their white counterparts. African-American teachers were usually paid significantly less than our white peers and our civil rights were often compromised. Accordingly to NAACP my wage was discrimination. Not surprisingly, teachers rebelled. At least in urban districts teachers had the advantage of numbers. By 1910, schools staffed with White personnel were the general practice. Black teachers were barred as public school teachers, just as they were from most other non-menial occupations. It was once said â€Å"how can the child learn to be a free and responsible citizen when the teacher is bound? John Dewey- You really could not answer that, because of what we were going through. Even though our times were hard, we stood up for what we thought was right. That was our freedom of being a black teacher. We wanted the same privilege as a white teacher had. We felt as if white children received an education, and then our black should have equal opportunities. In conclusion the interrelation among race, schooling, and labor market opportunities of American blacks can help us make sense of the relatively poor economic status of black in contemporary societies. I’m proud to be an American even when times were hard, I can truly say if you believe and have patients things will come your way. I really enjoy being a teacher and helping out others learn to become somebody. Research Papers on What it Means to be an American Standardized Testing19 Century Society: A Deeply Divided EraBook Review on The Autobiography of Malcolm XPersonal Experience with Teen PregnancyWhere Wild and West MeetHip-Hop is ArtCapital PunishmentTrailblazing by Eric AndersonThe Masque of the Red Death Room meaningsThe Effects of Illegal Immigration

Rotary Rock Tumbler Instructions

Rotary Rock Tumbler Instructions The most common type of rock tumbler is a rotary drum tumbler. It polishes rocks by simulating the action of the ocean waves. Rotary tumblers polish rocks much more quickly than the ocean, but it still takes some time to go from rough rocks to polished stones! Expect the process to take at least a month from start to finish. Use these instructions as a starting point for your tumbling. Keep records of the type and quantity of rock and grit/polish, and duration of each step. Use this information to refine your technique for the best results. Rock Tumbler Materials List Rotary tumblerRocks (all the same approximate hardness in a load)Plastic PelletsSilicon Carbide Grits (You may add a 400 mesh SiC step, if desired, before polishing)Polishing Compounds (e.g. alumina, cerium oxide)Lots of Water How To Use a Rock Tumbler Fill the barrel 2/3 to 3/4 full of rocks. If you dont have enough rocks, you can add plastic pellets to make up the difference. Just make sure to use those pellets only for coarse polishing and use new pellets for the polishing stages. Keep in mind that some plastic pellets float, so make sure you add them to the proper volume before  adding water.Add water so that you can see it between the stones but do not completely cover the stones.Add grit (see chart below).Make sure your charged barrel falls within the weight allowance for the rotor to be used.Each step runs for at least a week. For the first step, remove the barrel after 12-24 hours and open it to release any gas buildup. Resume tumbling. Dont be afraid to open the barrel periodically to make sure a slurry is forming and to check the progress of the process. The tumbler should have a uniform tumbling sound, not sound like tennis shoes in a dryer. If the tumbling is not uniform, check the level of the load, formation of slur ry, or mixture of rock sizes, to make sure these things are optimal. Keep notes and have fun! Let the rough grind (60/90 mesh for hard stones, start with the 120/220 for soft stones) run until all of the sharp edges have been knocked off the stones and they are pretty smooth. You can expect to lose about 30% of each stone during the tumbling process, with almost all of the loss during this first step. If the stones are not smoothed after 10 days, you will need to repeat the step with fresh grit.After a step has been completed, rinse the stones and the barrel thoroughly to remove all traces of the grit. I use an old toothbrush to get into the hard-to-reach areas. Set aside any stones that are broken or have pits or cracks. You can add them to the first step of the next batch of stones, but they will diminish the quality of all of your stones if you leave them in for the next step.For the next step, you again want the rocks to fill the barrel 2/3 to 3/4 full. Add plastic pellets to make up the difference. Add water and grit/polish and proceed. The keys to success are making cer tain there is no contamination of steps with grit from the previous step and avoiding the temptation to move on to the next step too early. Barrel Grit Mesh 60/90 120/220 Prepolish Polish 1.5# 4 T 4 T 6 T 6 T 3# 4 T 4 T 6 T 6 T 4.5# 8 T 8 T 10 T 10 T 6# 10 T 12 T 12 T 12 T 12# 20 T 20 T 25 T 25 T Helpful Tips for Perfectly Polished Rocks Do not overload your tumbler! This is a leading cause of belt breakage and motor burn-out. When in doubt, weigh your barrel. A barrel for a 3-lb motor should not exceed a weight of 3 pounds when charged with rocks, grit, and water.Oil the tumbler bushings with a single drop of oil, but do not overdo it! You do not want oil on the belt, as this will cause it to slip and break.Resist the temptation to tumble rocks with cracks or pits. Grit will get into these pits and contaminate subsequent steps, ruining the polish of the entire load. No amount of scrubbing with a toothbrush will remove all of the grit inside a pit!Use a balanced load that includes both large and small rocks. This will improve the tumbling action.Make sure all rocks in a load are of the same approximate hardness. Otherwise, the softer stones will be worn away during the polishing process. An exception to this is when you are purposely using softer stones to fill/cushion a load.Dont wash grit down the drain! It will cr eate a clog that is impervious to drain cleaner. I rinse the grit steps outside using a garden hose. Another option is to rinse the grit into a bucket, for later disposal somewhere other than your plumbing. Dont reuse grit. Silicon carbide loses its sharp edges after about a weeks tumbling time and becomes useless for grinding.You can reuse plastic pellets, but take care to avoid contaminating the polishing stages with grit. Use separate plastic pellets for these stages!You can add baking soda, Alka-Seltzer, or a Tums to a load to prevent gas build-up.For smooth river rocks or for any softer stones (e.g. sodalite, fluorite, apatite), you may omit the first coarse grit step.For softer stones (especially obsidian or apache tears), you want to slow the tumbling action and prevent the stones from impacting each other during polishing. Some people have success adding corn syrup or sugar (twice as much as the amount of prepolish and polishing agent) to thicken the slurry. Another option is to polish the stones dry (as in no water) with cerium oxide and oatmeal. Are you interested in using a vibratory tumbler to polish rocks? Then try these instructions instead.

Will U.S. Be Overtaken by China Research Paper Example | Topics and Well Written Essays - 1000 words

Will U.S. Be Overtaken by China - Research Paper Example The assumption and expectation that China would one day become the world’s richest country is not a new one. The country has enjoyed massive economic growth and expansion of its global presence which have made it to economically surpass tens of countries within the last 20 years to sit at the second place. The current and future economic growth of China is as fast as it is diverse, while the US is facing a lot of financial challenges2. The fact that China’s economic and socio-political performance is only expected to be better while that of the US remains shaky makes China more likely than not to overtake the US in the next few years. Important Indicators for China’s Growing Superiority For the last thirty years, China has reported impressive economic growth3. The country has in fact been the fastest growing economy in that period of time. Economists have put the economic growth of China to be 17 times what it was in 1980. An interesting fact is that China was ra pidly growing while most of the rest of the world was not doing that well financially. About ten years ago, the United States’ economy was 10 times bigger than that of China. Today, China’s economic superiority cannot be refuted and its place as a world economic power was sealed after overtaking world’s number two spot from Japan. After a long time of what seemed to have been economic slumber, China finally woke up to its potential in the eighties. Other countries including the United States started to adopt and implement neo-modern policy changes. This included opening up to unrestricted capital flows and external trade. The countries also developed policies that enabled their central banks to be increasingly independent. They also adopted tighter cyclical monetary and fiscal policies and abandoned many of the development strategies that had previously been highly successful. China on the other hand, did not adopt these policies, many of which were promoted by world financial bodies such as the IMF, World Trade Organization and the World Bank whose decisions were heavily influenced by decision makers and economic planners based in Washington. China was not a member of the WTO up until 2002. Although China’s economic acceleration involved the expansion of foreign investment and trade, its financial decisions and management were carried differently from the rest of the world4. The most outstanding difference was that China’s economy was largely controlled by the state, unlike in the US where it was liberalized. State control was meant to ensure that trade and investment decisions were in line with the development goals of the government. One of these goals was to develop and make products intended for the external or international market. China’s policies also promoted the use of enhanced technology. The aim was to transfer high level technological competence from foreign investors to the local economy. The government w as also keen on hiring Chinese for jobs at the managerial and technical levels. This meant that foreign enterprises could not compete at the same level with many domestic businesses. The economy of China is still largely controlled by the government. The state controls a huge percentage of the exchange rate and other financial systems. A substantial amount of industrial assets are also under the control of the government. When other countries were struggling under the pressure of the recent worldwide recession, China’s economy was not affected. The state-led economic system can be and should be credited for this. The country enjoyed an enviable 9.8% GDP growth though this was a fall of 3.7% mainly due to the poor performance of the international mar

Ageing and managing health Essay Example | Topics and Well Written Essays - 1750 words

Ageing and managing health - Essay Example 5. Instruct the patient’s family members to keep all pathways in the patient’s home free from any cluster. 6. Intruct the patient’s family members to place a non-skid mat inside the patient’s shower room. 7. Encourage the patient to participate in gait training exercise programme once she has been discharge from the hospital. 1. Environmental factors such as dim light or poor lighting, unsafe stairways, irregular floor surface, and the presence of hazardous things like loose rugs, slippery or wet floors and telephone wires that scattered around the house will increase the patient’s risk of accidental falls (Timby, 2009, p. 424). 2. The installation of handrails or grab bars inside the shower room, around the bedroom, stairs, and bathroom will help reduce the patient’s risk of accidental falls (Timby, 2009, p. 424). 3. Placing a strip of light-colored adhesive tape on the edge of each stair will help increase the patient’s visibility of the stairs (Timby, 2009, p. 424). 4. Wearing non-skid soles will help reduce the risk of accidental falls (Timby, 2009, p. 424). 5. Freeing the pathways from clusters will reduce the risk wherein the patient’s Zimmer frame might accidentally touch other things causing her to loose her balance (Timby, 2009, p. 424). 6. The use of non-skid mat inside the patient’s shower room will help prevent the patient from falling (Gulanick and Myers, 2011, p. 63; Timby, 2009, p. 424). 7. Studies show that patients who are active in exercise can strengthen their muscles, improve their ability to balance and coordinate their body movements, increase their bone density which are all necessary in terms of reducing the patient’s risk for falls (Gulanick and Myers, 2011, p. 63). Problem Goal Intervention Rationale The patient... Discharge care plan is pertaining to the process of developing a plan for the transfer of patient from the hospital to his designated place to stay.It is equally important to know that the patient is no longer in pain at the time the patient is about to leave the hospital. It is equally important to know that the patient is no longer in pain at the time the patient is about to leave the hospital. To ensure that the patient is properly being taken cared of after being discharged from the hospital, the student nurse should focus on identifying continuing care that the patient will be needing to improve her overall well-being. After analyzing the case of Mrs. Jones, the following discharge care plan was created: Problem Goal Intervention Rationale Other than the history of falls, the patient is suffering from postural hopotension due to the intake of bendroflumethiazide. Postural hypotension increases the patient’s risk of accidental fall due to dizziness and inability to balance and coordinate her body movements. Other risk factors of accidental falls include: poor eye sight or impaired vision, neurological disorder, decreased lower muscle strength, brittle bones due to osteoporosis and ageing (Timby, 2009, p. 423). To reduce all factors that can increase the patient’s risks of falls. 1. Assess and teach the patient’s family members to modify the home environment of the patient by removing all things that can increase the patient’s risk of falling (Gulanick and Myers, 2011, p. 63). 2. The patient prefers to microwave and eat frozen meals for lunch. To ensure that the patient is receiving proper nutrition.

Western Classical music Essay Example | Topics and Well Written Essays - 250 words

Western Classical music - Essay Example y, which is very different from â€Å"Messiah† by George Frideric Handel which is an example of a baroque music with so much emotions attached to it and less instrumentation. The need to distinguish words more clearly in the music from all that instrumentation and to put emotion into the music was what necessitated baroque music to be developed during that era. The music was developed soon after renaissance music era ended and the start of this new era marked the beginning of emotion-revoking classical music which had other different musicians from the preceding era (Hall, 265). Compare the careers of Bach and Handel. How were they similar and how were they different? Talk about where they worked their reputations during their lifetimes, and the kind of music they wrote. Did Handel write types of music Bach didnt? Handel’s music career had first been hindered by his parents but his talent led them to change their mind. Bach was from a musician’s family and his singing was nurtured from a tender age. Both of these men loved classical music and they also had a rough patch before they became famous and reputable in music. Both had to teach music though in different countries and later on stopped the teaching. Handel was a violinist who worked in London and concentrated more on oratorios than operas towards the end of his career. Bach on the other hand was a music director in Leipzig. Handel had more reputation than Bach although Bach became famous after his death. Handel wrote operas and finally oratorios while Bach wrote orchestra music (Hall,

Program evaluations and evidence-based process Assignment

Program evaluations and evidence-based process - Assignment Example Secondly, the audiences for evaluating such as bankers, customers, management, board, staff or clients and lastly but not the least, the kind of information required in order to decide on the need of enlightening the intended audiences. For example, the information about program’s activities, inputs and outputs, the clients or customers who experience the program, weaknesses or strengths of the program, the outcomes towards the clients or customers and why and how the program failed (Langbein, 2012). Other questions require the sources where to collect the information either from customers, clients or program documentation. Secondly, the fashion on which the information is supposed to be collected, for example through interviewing, conducting questionnaires, observing customers or examining documentation. Thirdly, the time the information is needed and lastly the resources available for the collection of the information (Mertens & Wilson, 2012). Meanwhile, the evidence-based process is systematically and consistently selected, identified and evaluated. It involves the seven steps as analyzed. Step one is the identification of the evidence Systematic Literature Surveillance is conducted using many review services of journals, journals, guideline’s collections and systematic review collections. DynaMed Content Sources is an example of a comprehensive list of sources. Step two involves selection of the best available evidence (Rubin, 2013). All articles are evaluated for clinical relevance, and the relevant articles are further evaluated for validity in relation to the existing DynaMed content. A summary of the most valid articles is made, integrated with the DynaMed content and the outline structure and overview statements are updated basing on the overall evidence synthesis. Selection of an article is done completed by the editors with clinical training and expertise in scientific analysis (Rousseau, 2012). Step three

Fundamental Duties of Nurses Assignment Example | Topics and Well Written Essays - 250 words

Fundamental Duties of Nurses - Assignment Example Nurses are charged with the duty of assisting the physician to ensure that the welfare of all patients are well taken care of and maintained in the right manner. They bear the responsibility for ensuring that proper care is provided to the patients without any prejudice or any iota of influence that may lead to the jeopardy of the lies of the patience. Life of a person is of great importance and is protected by the constitution. As such, nurses are required to uphold and take good care of the lives of all patients under their care without any fear or favor. To be able to execute their duties as expected, nurses are required to swear a Hippocratic Oath; the Florence Nightingale Pledge (American Nurses Association, 2015). At least with this first swearing to God, it is expected that nurses will always remember whenever they are about to commit any mischievous act that they need to respect and uphold the covenant they made with God. During the taking of this oath, nurses promise faithfulness in their profession and promise to keep their lives pure from all the bad deals or activities that could act against promoting healthy living of the patients. This oath ensures that a nurse reflects on such words and refrain from acting contrary to the expected as they perform their duties (Lyons, 2013). As such, it influences the decision making of the nurses positively and keep them on the right course whenever they are faced with tempting moments to act unethically.

Goodwill and routine emails Essay Example | Topics and Well Written Essays - 750 words

Goodwill and routine emails - Essay Example For this reason, the audit accounts for the last financial year show good a performance of the branch. This is because there was an increase in profits as a result of a decrease in the expenses. With this being said, the head office has given recommendations us to go to other branches to train our fellow workmates on how to achieve the same goal. To show my appreciation as the team leader, I will be rewarding each one of you during a special dinner that will be held on February 15, 2013 from 8.00pm. I encourage you to invite your friends and families to attend. Regards, (Name) Chief Accountant Summary Analyzing the routine e-mail, it manages to give information on when and where the meeting will take place. The application of this principle is to help the employees prepare well for the meeting. The email has a positive tone and language which help encourage the readers to attend the meeting (Goleman, 2007). This also helps to avoid offending or alienating any individual. The email is clear and direct with short sentences, and the agenda addresses the specific items that will be discussed. This helps the reader understand and interpret the email easily (Campanizzi, 2005). Looking at the goodwill email, it maintains the good will by appreciating the employees for their hard work. This principle is important because it will encourage the account assistants to maintain the excellent performance as they feel that management recognize their effort. This will also help maintain the professional relationship between me, their head and the account assistants. Looking at both e-mails, the writing format is professional and the layout is standard. The language in use avoids slang, idiomatic expressions, and a lot of technical words. This helps the recipients to understand the emails easily. The two emails have appropriate subject lines that describe the content of the mail. This helps the readers have an idea of what is in the e-mail and also helps them know that the emai l is worthwhile. This outcome is significant because in most cases, professionals get many emails in a day and rely on the subject of the e-mail to know important e-mails. The emails have paragraphs that reduce the information that the reader has to look at and makes the e-mail presentable. This principle is important because the use of paragraphs relieves the reader’s eyes and makes the reader kinder to the email. The reader then becomes interested in looking at the e-mail (Jerz, 2000). Bibliography Campanizzi, J. (2005). The Write Stuff for Quality. Retrieved 02 06, 2013, from http://qpc.co.la.ca.us/cms1_035856.pdf. Goleman, D. (2007). Job Market. E-Mail Is Easy to Write (And to Misread) . Jerz, D. (2000). E-Mail: Ten Tips for Writing It Effectively. Retrieved 02 07, 2013, from Jerz's Literacy Weblog:

Fundamental Duties of Nurses Assignment Example | Topics and Well Written Essays - 250 words

Fundamental Duties of Nurses - Assignment Example Nurses are charged with the duty of assisting the physician to ensure that the welfare of all patients are well taken care of and maintained in the right manner. They bear the responsibility for ensuring that proper care is provided to the patients without any prejudice or any iota of influence that may lead to the jeopardy of the lies of the patience. Life of a person is of great importance and is protected by the constitution. As such, nurses are required to uphold and take good care of the lives of all patients under their care without any fear or favor. To be able to execute their duties as expected, nurses are required to swear a Hippocratic Oath; the Florence Nightingale Pledge (American Nurses Association, 2015). At least with this first swearing to God, it is expected that nurses will always remember whenever they are about to commit any mischievous act that they need to respect and uphold the covenant they made with God. During the taking of this oath, nurses promise faithfulness in their profession and promise to keep their lives pure from all the bad deals or activities that could act against promoting healthy living of the patients. This oath ensures that a nurse reflects on such words and refrain from acting contrary to the expected as they perform their duties (Lyons, 2013). As such, it influences the decision making of the nurses positively and keep them on the right course whenever they are faced with tempting moments to act unethically.

Healthcare and the Quality of Human Life Research Proposal

Healthcare and the Quality of Human Life - Research Proposal Example The establishments offer essential health care services to their valued clientele most of whom subscribe for family health maintenance and therefore pay periodical visits to the facilities. In urgent cases, the facilities customize emergency response services some of which may include the practitioners rushing to the premises of their clients or the clients rushed to the facilities where they receive effective customized and urgent services. In severe cases when the patients are under acute attacks, they are admitted into the boarding facilities where they are adequately diagnosed, treated and discharged only upon full recovery (Rouse & Cortese, 2010). Such centers are not common in the society today but social homes that take care of the elderly and weak in society operate in a similar manner. However, these centers purely busy themselves with the provision of healthcare services and not the provision of social security. Unlike in the social homes, their clients pay for their servic es they, therefore, do not discriminate on patients based on their age as is the case in the social homes. Patient-centered homes operate in a manner similar to homes for the old in that patients subscribe to their service after which the centers offer customized services based on the unique requirements of the client. The centers are fully-fledged facilities incorporating boarding facilities, the centers, therefore, offer both in and outpatient services for their clients. The main difference between these homes and the normal hospital is that the homes track their clients over a period depending on the specifications of the clients. More often, they offer services similar to those offered by family doctors only that unlike family doctors, they have fully equipped facilities capable handling any medical, furthermore, at the centers a patient id attended to by a variety of doctors depending on the level of his medical complications.

Objectives of the Firm Essay Example for Free

Objectives of the Firm Essay The standard economic assumption underlying the analysis of firms is profit maximization. Real world firms, however, might not, and many times do not, make decisions based on the profit-maximization objective, or at least exclusively on the profit-maximization objective. Other objectives include: (1) sales maximization, (2) pursuit of personal welfare, and (3) pursuit of social welfare. Although firms are assumed to make decisions that increase profit in standard economic analysis, real world firms often pursue other objectives on a day-to-day basis. Some firms set their sights on maximizing sales. For other firms the owners or employees are inclined to enhance personal living standards. And more than a few firms take steps that promote the overall welfare of society. In some cases, these other objectives help a firm pursue profit maximization. In other cases, they prevent a firm from maximizing profit. Profit Maximization Profit maximization is the process of obtaining the highest possible level of profit through the production and sale of goods and services. This is the guiding principle underlying the analysis of short-run production by a firm. In particular, economic analysis is assumed that firms undertake actions and make the decisions that increase profit. Profit is the difference between the total revenue a firm receives from selling output and the total cost of producing that output. Profit-maximization means that a firm seeks the production level that generates the greatest difference between total revenue and total cost. Consider how profit maximization might work for The Wacky Willy Company. Suppose that The Wacky Willy Company generates $100,000 of profit by producing 100,000 Stuffed Amigos, the difference between $1,000,000 of revenue and $900,000 of cost. * If profit falls from this $100,000 level when The Wacky Willy Company produces more (100,001) or fewer (99,999) Stuffed Amigos, then it is maximizing profit at 100,000. Alternatively, if profit can be increased by producing more or less, then The Wacky Willy Company is NOT maximizing profit at the current level of production. Suppose, for example, that producing 100,001 Stuffed Amigos adds an extra $11 to revenue but only $9 to cost. In this case, profit can be increased by $2, reaching $100,002, by producing one more Stuffed Amigo. As such 100,000 is NOT the profit maximizing level of production. * In contrast, suppose that producing 99,999 Stuffed Amigos reduces cost by $11 but only reduces revenue by only $9. In this case, profit can also be increased by $2, reaching $100,002, by producing one fewer Stuffed Amigo. As such 100,000 is NOT the profit maximizing level of production. Sales Maximization A reasonable, and often pursued objective of firms is to maximize sales, that is, to sell as much output as possible. Clearly sales lead to revenue, meaning that maximizing sales is also bound to maximize revenue. But as the analysis of short-run production indicates, maximizing sales does NOT necessarily maximize profit. So why do firms do it? Are firms unreasonable? Are they irrational? Do they NOT understand the basic economic principles of short-run production? For some firms, the answers to these questions could be yes. But for other firms, sales maximization is actually a reasonable, even better, alternative to profit maximization. Consider, the day-to-day production of Wacky Willy Stuffed Amigos. Suppose the President of The Wacky Willy Company, William J. Wackowski, issues a corporate directive to sell as many Stuffed Amigos as possible, to maximize sales. Is Willy Wackowski wacky? It might be that Mr. Wackowski has no knowledge of basic economic principles. Alternatively Wacky William might have more business sense than it appears. In particular, if the price received from selling Stuffed Amigos is greater than the cost of producing each one, and looks to remain that way regardless of the quantity produced, then a reasonable goal is to maximize sales. If sales are greater, then so too is profit. Wacky Willy does NOT maximize profit under these circumstances. That is, it does not produce the quantity that achieves the highest possible profit. However, with each Stuffed Amigo produced, profit increases. In fact, Wacky Willy might not KNOW the profit-maximizing production level. All it knows is that selling more Stuffed Amigos, increases profit. While sales maximization can serve as a means of pursing profit maximization, it can also prevent a firm from maximizing profit. The reason, of course, is that if sales become so large that the cost of production increases such that marginal cost exceeds marginal revenue, the maximizing sales does not maximize profit. Pursuit of Personal Welfare The people who make decisions for a business are, in fact, people. They have likes and dislikes. They have personal goals and aspirations just like people who do not make decisions for firms. On occasion these people use the firm to pursue their own personal welfare. When they do, their actions could enhance the firms profit maximization or, in many cases, prevent profit maximization. How about a few examples? Once again, consider William J. Wackowski, the president of The Wacky Willy Company. Perhaps Willy enjoys the finer things in lifea large house, fancy cars, and expensive vacationswhich require a hefty income. As the primary stockholder of The Wacky Willy Company, when the business maximizes profit, then William J. Wackowski benefits with more income. In this case, the pursuit of personal welfare coincides with profit maximization. Alternatively, suppose that the Mr. Wackowski hates the color purple. He simply refuse to produce ANY purple Stuffed Amigos. However, market studies clearly indicate that buyers want purple Stuffed Amigos. Moreover, the purple fabric that would be used to produce purple Stuffed Amigos is significantly less expensive than other colors. Mr. Willy clearly is wacky in this case. His purple-phobia prevents profit maximization. William the Wackster might also decide to enhance his corporate lifestyle at the expense of corporate profit. He could, for example, give himself a bigger, more luxurious (but unneeded) office, a higher (but unneeded) salary, a company jet (also unneeded), season tickets to Shady Valley Primadonnas baseball team (clearly unneeded) and other (unneeded) amenities that are NOT needed to profitably produce Stuffed Amigos. These improve Williams personal welfare, but at the expense of corporate profit. Pursuit of Social Welfare The people who make decisions for firms also have social consciences. Part of their likes and dislikes might be related to the overall state of society. As such, they might use the firm to pursue social welfare, which could enhance or prevent the firms profit maximization. How might William J. Wackowskis pursuit of social welfare enhance or prevent profit maximization of The Wacky Willy Company? Suppose that William wants a cleaner environment. As such, he might implement more costly environmentally friendly production techniques and materials. He does his part to clean the environment, but at the expense of company profit. Then again, Mr. Wackowski might feel that government environmental quality regulations restrict capital investment and economic growth. As such, William might have The Wacky Willy Company use part of its advertising budget to promote this view point. He might even use company revenue to set up the Wackowski Foundation for Policy Studies that is both a scientific think tank and a special interest lobbying organization with the goal of reducing environmental quality regulations. While the pursuit of social welfare is likely to reduce company profit, it could have the opposite effect as well. Such activities could give The Wacky Willy Company a likeable public image that motivates people to buy more Stuffed Amigos than they would otherwise. In fact, some firms use the pursuit of social welfare as one aspect of their overall advertising efforts. They enhance their public image at the same time they do something good for society. Natural Selection Whichever objective a firm pursues on a day-to-day basis, the notion of natural selection suggests that successful firms intentionally or unintentionally maximize profit. That is, the firms best suited to the economic environment, and thus generate the most profit, are the ones that tend to survive. The natural selection of business firms is an adaptation of the biological process of natural selection, in which biological entities best suited to the natural environment are the ones that survive. The concept of economic natural selection means that those firms that generate the greatest profit are the ones that avoid bankruptcy and survive to produce another day. While firms might pursue sales maximization, personal welfare, or social welfare, only those firms that also maximize profit remain in business. 2) The following   is from chapter one in the text   Financial Management and Policy, by James C. Van Horne, Copyright 1974 by Prentice-Hall. It is classic finance. THE OBJECTIVE OF THE FIRM In this [course], we assume that the objective of the firm is to maximize its value to its shareholders. Value is represented by the market price of the company’s common stock, which, in turn, is a reflection of the firm’s investment, financing, and dividend decisions. Profit Maximization vs. Wealth Maximization Frequently, maximization of profits is regarded as the proper objective of the firm, but it is not as inclusive a goal as that of maximizing shareholder wealth. For one thing, total profits are not as important as earnings per share. A firm could always raise total profits by issuing stock and using the proceeds to invest in Treasury bills. Even maximization of earnings per share, however, is not a fully appropriate objective, partly because it does not specify the timing or duration of expected returns. Is the investment project that will produce $100,000 return 5 years from now more valuable than the project that will produce annual returns of $15,000 in each of the next 5 years? An answer to this question depends upon the time value of money to the firm and to investors at the margin. Few existing stockholders would think favorably of a project that promised its first return in 100 years. We must take into account the time pattern of returns in our analysis. Another shortcoming of the objective of maximizing earnings per share is that it does not consider the risk or uncertainty of the prospective earnings stream. Some investment projects are far more risky than others. As a result, the prospective stream of earnings per share would be more uncertain if these projects were undertaken. In addition, a company will be more or less risky depending upon the amount of debt in relation to equity in its capital structure. This risk is known as financial risk; and it, too, contributes to the uncertainty of the prospective stream of earnings per share. Two companies may have the same expected future earnings per share, but if the earnings stream of one is subject to considerably more uncertainty than the earnings stream of the other, the market price per share of its stock may be less. For the reasons above, an objective of maximizing earnings per share may not be the same as maximizing market price per share. The market price of a firm’s stock represents the focal judgment of all market participants as to what the value is of the particular firm. It takes into account present and prospective future earnings per share, the timing, duration, and risk of these earnings, and any other factors that bear upon the market price of stock. The market price serves as a performance index or report card of the firm’s progress; it indicates how well management is doing in behalf of its stockholders. Management vs. Stockholders In certain situations the objectives of management may differ from those of the firms stockholders. In a large corporation whose stock is widely held, stockholders exert very little control or influence over the operations of the company. When the control of a company is separate from its ownership, management may not always act in the best interests of the stockholders [Agency Theory]. [Managers] sometimes are said to be satisficers rather than maximizers; they may be content to play it safe and seek an acceptable level of growth, being more concerned with perpetuating their own existence than with maximizing the value of the firm to its shareholders. The most important goal to a management [team]of this sort may be its own survival. As a result, it may be unwilling to take reasonable risks for fear of making a mistake, thereby becoming conspicuous to the outside suppliers of capital. In turn, these suppliers may pose a threat to management’s survival. It is true that in order to survive over the long run, management may have to behave in a manner that is reasonably consistent with maximizing shareholder wealth. Nevertheless, the goals of the two parties do not necessarily have to be the same. Maximization of shareholder wealth, then, is an appropriate guide for how a firm should act. When management does not act in a manner consistent with this objective, we must recognize this as a constraint and determine the opportunity cost. This cost is measurable only if we determine what the outcome would have been had the firm attempted to maximize shareholder wealth. A Normative Goal Because the principal of maximization of shareholder wealth provides a rational guide for running a business and for the efficient allocation of resources in society, we use it as our assumed objective in considering how financial decisions should be made. The purpose of capital markets is to efficiently allocate savings in an economy from ultimate savers to ultimate users of funds who invest in real assets. If savings are to be channeled to the most promising investment opportunities, a rational economic criteria must exist that governs their flow. By and large, the allocation of savings in an economy occurs on the basis of expected return and risk. The market value of a firm’s stock embodies both of these factors. It therefore reflects the market’s tradeoff between risk and return. If decisions are made in keeping with the likely effect upon the market value of its stock, a firm will attract capital only when its investment opportunities justify the use of that capital in the overall economy. Put another way, the equilibration process by which savings are allocated in an economy occurs on the basis of expected return and risk. Holding risk constant, those economic units (business firms, households, financial institutions, or governments) willing to pay the highest yield are the ones entitled to the use of funds. If rationality prevails, the economic units bidding the highest yields will be the ones with the most promising investment opportunities. As a result, savings will tend to be allocated to the most efficient users. Maximization of shareholder wealth then embodies the risk-return tradeoff of the market and is the focal point by which funds should be allocated within and among business firms. Any other objective is likely to result in the suboptimal allocation of funds and therefore lead to less than optimal level of economic want satisfaction. This is not to say that management should ignore the question of social responsibility. As related to business firms, social responsibility concerns such things as protecting the consumer, paying fair wages to employees, maintaining fair hiring practices, supporting education, and becoming actively involved in environmental issues like clean air and water. Many people feel that a firm has no choice but to act in socially responsible ways; they argue that shareholder wealth and, perhaps, the corporations vary existence depends upon its being socially responsible. However, the criteria for social responsibility are not clearly defined, making formulation of a consistent objective function difficult. Moreover, social responsibility creates certain problems for the firm. One is that it falls unevenly on different corporations. Another is that it sometimes conflicts with the objective of wealth maximization. Certain social actions, from a long-range point of view, unmistakably are in the best interests of stockholders, and there is little question that they should be undertaken. Other actions are less clear, and to engage in them may result in a decline of profits and in shareholder wealth in the long run. From the standpoint of society, this decline may produce a conflict. What is gained in having a socially desirable goal achieved may be offset in whole or part by an accompanying less efficient allocation of resources in society. The latter will result in a less than optimal growth of the economy and a lower total level of economic want satisfaction. In an era of unfilled wants and scarcity, the allocation process is extremely important. Many people feel that management should not be called upon to resolve the conflict posed above. Rather, society, with its broad general perspective, should make the decisions necessary in this area. Only society, acting through Congress and other representative governmental bodies, can judge the relative tradeoff between the achievement of a social goal and the sacrifice in the efficiency of apportioning resources that may accompany realization of the goal. With these decisions made, corporations can engage in wealth maximization and thereby efficiently allocate resources, subject, of course, to certain governmental constraints. Under such a system, corporations can be viewed as producing both private and social goods, and the maximization of shareholder wealth remains a viable corporate objective.

Lorraine Hansberrys A Raisin In The Sun Essay -- Lorraine Hansberry

A Raisin in the Sun A Raisin in the Sun, by Lorraine Hansberry, illustrates the timeless struggle for the furtherance of family values and morals with extreme clarity. The play follows the life of a small black family’s struggle to keep their dreams from tenants to owners alive. These dreams, and the struggles necessary to reach them, as well as coming to terms with the dreams that are out of reach, are the focus and driving force behind this story of every persons struggle to achieve goals that are not always in tune with societies thoughts or ideas on a persons place in life. The internal difficulties of the family, and the detrimental effects of these problems, are major themes in the play. In the opening scene; a husband, Walter, and wife, Ruth, are seen having a fight over Walter’s dream to become a â€Å"mover and shaker† in the business world by using an incoming insurance check for his mother as a down payment on a potential liquor business. Walter tells his wife, â€Å"I’m trying to talk to you ‘bout myself and all you can say is eat them eggs and go to work.† This is the first sign of Walter’s recurring feelings, that if someone in the family would just listen to him and put forth their trust, his dreams wou ld come to life. Following this argument, Walter goes off to his job as a chauffeur which is the job he so longs to be done away with. As Walter dreams bigger and bigger he seems to leave the smaller things such as his family behind. This movement away from the famil...

Bioengineering and Its Subsidiary Fields Essay examples -- Bacteria, Ge

Bioengineering and the Flaws of Consequentialism Pierce College Abstract In 1973 the first bacteria were genetically modified. In 1974 mice were genetically modified. And in 1982 genetically modified bacteria capable of producing insulin were commercialized. Genetically modified food has been sold since 1994. In a similar time frame, the ideologies of stem cell research and therapeutic reproductive cloning have come to fruition. It is the aim of this paper to demonstrate through consequentialist ethical reasoning, particularly using the concepts of utilitarianism and relativism that no definitive judgment can be made on the morality and ethical correctness of bioengineering and its subsidiary fields of genetic manipulation, stem cell research and therapeutic reproductive cloning due to the uncertain nature of the consequences of these acts. The paper will examine a brief history of these emergent scientific disciplines and the still uncertain nature of the far-reaching consequences a nd implications of their implementation. â€Æ' Bioengineering and the flaws of consequentialism Bioengineering is a broad umbrella term covering many different scientific disciplines. Under this umbrella are the specific studies of gene isolation, construction, targeting, transformation, selection, regeneration, transfer; cellular engineering, and synthetic biology. Relative to the discussion of the ethical nature of this field are the principal topics of genetic and cellular engineering, stem cell research; reproductive technologies to include gene replacement and transformation in humans and animals; and bioengineered organic food. Bioengineering, in one form or another, has been around since the mid-20th century, with the term first coined in 1954 and w... ...tation among a society of hereditarily dying people be worth the sustained existence of the society? Possibly. Would the idea of genetically altering food for weather sustainability if the world were immediately threatened by harsh weather seem more acceptable? Again, possibly. There are no concrete answers to those questions objectively however. And in the world as we know it, in 2011, it’s similarly hard to say that any of the conditions currently affecting the rapidly globalizing world are of such a dire and unpreventable nature that they require tampering with the genetic foundations of our existence. However, another, somewhere else in the world might disagree, and that leads me to conclude that consequentialist reasoning alone is an unacceptable medium for the analysis and moral rationalization of the hard choices of bioengineering and its subsidiary fields.

Computer structure and logic Essay

Learning Objectives and Outcomes -This assignment addresses the learning objective â€Å"Explain BIOS, POST, and derived processes.† The expected learning outcome that will result from completing the assignment is you will be able to describe the operation of BIOS and POST. In video 1.01 it talks about BIOS and CMOS and how they are different. The difference between BIOS and CMOS is that BIOS stored in ROM, they’re permanent and cannot be edited. On the other hand CMOS stored in RAM, they’re nonvolatile can erase when power goes off and can be edited. BIOS or Basic Input Output System is software stored on a small memory chip on the motherboard. It instructs the computer on how to perform a number of basic functions such as booting and keyboard control. BIOS are also used to identify and configure the hardware in a computer such as the hard drive, floppy drive, optical drive, CPU, and memory. BIOS contain a number of hardware configuration options that can be changed through the setup utility. Saving these changes and restarting the computer applies the changes to the BIOS and alters the way BIOS instructs the hardware to function. CMOS- or complementary metal-oxide-semiconductor is a term usually used to describe the small amount of memory on a computer motherboard that stores the BIOS settings. It is usually powered by a cell battery which are said to last a life time on a motherboard, but will sometimes need to be replaced. Some signs of dead or dying CMOS battery are incorrect or slow system date and time and loss of BIOS setting. Video 1.02 talks about system resources, and talk about how POST work and the various types of system resources. When power is turned on POST or Power-on-self-test is the diagnostic testing sequence that a computer’s basic input/output system runs to determine if the computer keyboard, RAM, disk drives, and other hardware are working correctly. If the necessary hardware is detected and found to be operating properly, the computer begins to boot, but if the hardware is not detected or is found not to be operation properly; the BIOS issues an error message which may be text on the display screen and a series of coded beeps. There are four system resources. IRQ, I/O Addresses, Memory Address, and DMA- direct memory access. †¢An IRQ is an assigned location where the computer can expect a particular device to interrupt it when the device sends the computer signals about its operation. It communicates from hardware device to CPU. †¢An I/O addresses or Input/output is a number used to identify a peripheral device such as a disk, sound card or serial port and it communicates from CPU to device. †¢A Memory Addresses- is the total amount of memory that can be addressed by the computer. They’re instructions and work is stored there. †¢DMA – which stand for Direct Memory Access, is a method of transferring data from the computer’s RAM to another part of the computer without processing it using the CPU, and it communicate from device to memory. †¢MBR- stand for Master Boot Record is a kind of boot sector stored on a hard disk drive or other storage device. †¢EEPROM- stand for Electronically Erasable Programmable ROM is programmable read only memory that can be erased and re-used .

Events Management Report on Fan Expo †Canada Essay

This report has been commissioned by James Armstrong of Hobby Star Marketing to critically analyse and evaluate the Fan Expo Canada event. A general overview of the event will be provided as well as the event category it falls under and the implications of this. The event will then be analysed in terms of its social impact, the stakeholders involved and economic implications. This report is limited to the event information available on the internet and in the prescribed text for theory based arguments. This report aims to advise Hobby Star Marketing on the current and future states of their event and as related to tourism theory, what impact this may have on social and economic factors, as well as impact on event stakeholders as a whole. In conclusion recommendations will be put forward as to the best approach for event organisers to take in the future to ensure all stakeholders are kept satisfied as well as the wider community. 2.0 Description of EventFan Expo Canada is held annually at the end of each summer in Toronto Canada and features three days of non-stop festivities in the areas of video games, anime, science fiction, horror and comic books. The expo has been running for 12 years with its name recently being changed from the Canadian National Expo. Fan Expo is held primarily in the Toronto Metro Convention Centre and last year boasted over 37 000 admissions. Fan Expo is a unique event targeted to a specific range of markets. Having been dubbed in the past the ‘Nerd Prom’, the Fan Expo draws visitors from all around the globe to Toronto Canada, enhancing awareness of the region and its status in gaming, anime, science fiction, horror and comic book realms. Due to these factors it is suitable to classify this expo as a Hallmark event. This type of event is typically defined as a major one time or recurring event of limited duration developed primarily to enhance awareness or appeal and profitability of a tourism destination in the short or long term. In order to obtain success such events rely primarily on their uniqueness, status or timely significance to create both interest and to attract attention (Ritchie, 1984, p.2; Getz 1997 pp.5-6 in Allen et al. 2005). Fan Expo is highly significant to its target markets and provides the host venue, community and destination as a whole with a competitive  advantage over other conven tions of a simular nature in North America (third largest event of its kind in this region) (Hobbystar 2006). 3.0 Social Impact 3.1 Social BenefitsAll events have a direct social and cultural impact on their participants and sometimes on the broader host communities (Hall, 1989; Getz, 1997 in Allen et al. 2005). In terms of the Fan Expo, the social impacts are expansive and many benefits come to fruition as a result of the event taking place. One in particular is the validation of community groups associated with the event. A positive impact can be seen here through the acknowledgment of local comic book artists, with the talents of the normally ostracised minority being recognised and applauded at an international level. As the community is one of the major event stakeholders, not only are these groups validated but further encouragement of community participation also results due to the overwhelming achievements of specific community members. Social constancy and community pride are again other factors that result in benefits to the community of Toronto. Fan Expo brings tourists from all over the world to one epicentre of likeminded people. Through this experience the local community may volunteer and band together to present their city in the greatest state possible to expo visitors. The impact this effect has on the tourists is also significant as it encourages migration attractiveness as well as an increased positive image tourists have about the city of Toronto. This has a two fold effect as the community also notes the economic gain of for example encouraging a major video game expert to relocate to Toronto (stronger and more competitive local economy). In retrospect the community is more socially aware of itself and its visitors and is more likely to retain and develop higher visitor rates due to its strengthened welcoming culture. The convergence of these likeminded industry experts also facilitates an arena for the development of new ideas and partnerships both within the industry and between expo visitors. Tourists that bring already existing ideas to the expo then can have that idea realised through the resources of local and visiting industry experts (i.e. a gaming designer that wants to  sell his or her idea to a major video game corporation). The potential for economic growth due to this convergence is quite extraordinary. 3.2 Social Costs Of the research conducted about what social cost Fan Expo has had to the local community, one common theme that was realised was the apparent facilitation of strongarm tactics. In an overview of what was discovered, local comic book retailers were being forced by expo organisers either feature solely in their expo (not other competing expos) or not feature at all. The local community backlash from this decision was quite significant with many key industry leaders in the community moving to boycott the Fan Expo event. The ramifications of this monopolistic type approach on the community can cause not only resentment towards event participants and tourists, but also commodification of the event because of the lack of attendance of original industry leaders and pioneers (eg. instead of the creator of the comic book ‘The Phantom’ attending in person, Fan Expo constructs a video montage of the comic book creator and his work instead). This can cause dissonance between fans and organisers as what was once expected and a major highlight of the event is now replaced with a display that for most fans, the information presented is not uncommonly found on say the internet. On a whole, community resentment for the event taking place in their city can occur but also tourist resentment for the visiting the destination in the future is also a possibility. Social consequence such as criminal activity may occur as a result, specifically if some visitors have travelled a significant distance to attend the event. 4.0 Stakeholders In regards to the stakeholders for Fan Expo Canada, a number of categories can be used to separate the role and objectives of each. In terms of the host organisation, the Toronto City Council is a major figurehead as the support from local government for funding and other regulatory and staffing concerns is vital to the success of this event. Hobby Star Marketing as a corporation is also another obvious stakeholder as they are the primary event organisers and have substantial amounts of  resources injected into fate of this event. The Toronto Metro Convention Centre is also another key stakeholder as the event is being held at their premise. Their objectives for the event will be to ensure their function areas function as they should throughout the expo as well as working closely with Hobby Star to ensure all logistical requirements are executed without delay or error. Toronto as a community is also a primary stakeholder as its involvement and expectations for the event are additionally significant. For Hobby Star, their understanding of the local community is a key factor for the event to be a success. Specifically in this case, the understanding of local community comic book or gaming groups and societies will enable event organisers to develop the event to cater for the needs of these groups. Furthermore representatives from these groups could provide recommendations and assistance for future event ideas. In doing so the community expectations can be more accurately met and overall dissonance of the event significantly reduced (Allen et al. 2005). In terms of the media, local television, radio and print associations are also termed stakeholders as they have been invested in and have also dedicated resources to either cover the event progress or advertise the event in the weeks leading up. Due to the events widespread appeal, web media would also be considered an important stakeholder as accurate information needs to be communicated to tourists planning on attending. Web media is also important to monitor because as noted earlier, backlash or community opinions are not contained within the community when the web is involved, and negative impacts can occur quickly through use of the internet. Other stakeholders include event staff, volunteers and centre management and staff. Their role is to ensure the event plan is executed effectively and their presence as a required resource must also be nurtured through not only being catered for and looked after during the event, but also recognition for their contributions once the event has ended. One way this is performed is by volunteers being given free access to any event over the three days before and after their allotted shift time (Happy Star 2006). For any event  to be truly effective, the vision and philosophy of the event must be shared by all of the team (Allen et al. 2005). The participants of the event which include guest speakers, retailers, performers, industry professionals and the general public are also significant stakeholders. To make the event memorable and meaningful, the event manager must ensure all of these figureheads are satisfied in terms of what they want to get out of the event, which includes their physical needs of comfort, safety and security. At Fan Expo in 2006, it is the 40th anniversary of the birth of Star Trek and the key guest speakers are two famous stars from the original television series. Their involvement and satisfaction of how the event is run and managed will be reflected on how well they address the audience and subsequently the level of enjoyment the spectators receive. 5.0 Economic Analysis The economic standpoint in regards to events is the make or break factor – events must generate revenue to be successful. Therefore one of the most important impacts is the tourism revenue generated by an event (Allen et al. 2005). External visitors not only spend money on the event itself such as tickets and merchandise but also on items such as travel, accommodation and other goods and services available in the host city. This economic influx is sometimes depended on in many smaller communities however in the case of Toronto, effective tourism can result in visitors that are in town for the event to extend their stay and consequently increase spending (Allen et al. 2005). As described in Section 3.1, many business opportunities are possible through the interaction of local and visiting industry members. Furthermore their interaction with the local community and its economy may also give way for tourists to increase stay or indeed make a bid to stay permanently. For the expo, this could mean opportunities for more qualified industry leaders to be a part of the planning process for the following year’s expo. The overall benefits for Fan Expo could include for example the cast voices for the latest Star Trek game to be sourced and recorded in Toronto due to Microsoft Games setting up headquarters after negotiations. In hindsight whilst the  majority of the Fan Expo is based around a market and display type setup, there are also many exclusive forums and networking conferences that occur over the weekend to further facilitate the creation of business opportunities (Hobby Star 2006). Higher rates of employment can also result from this event – employment requirements for Fan Expo itself but also local industry members showcasing their talents then being offered work at a major firm. This can also have a negative effect as the local talent is snapped up and shipped out to other cities or countries, possibly damaging the part of the local economy they were once involved in. On the other hand if nurtured the community member could leave to gain more knowledge then return to the city, bringing with them a wealth of knowledge and experience that could significantly increase the economy of the city and region. On the agenda of negative economic impacts, opportunity cost can clearly be linked to the issues described in Section 3.2 in regards to strongarm tactics allegedly being used by Hobby Star Marketing. With retailers being forced to choose between festivals, the chance for economic gain is lost. Spectators that cannot attend the Fan Expo are left with no alternatives to view and purchase expo items and retailers in general loose out because of reduced exposure. This consequently forces retailers to ascertain which festival would be more financially beneficial to them, hence reducing exposure and possible loss of business opportunities. As stated in Section 3.2 this can generate a negative reputation for Happy Star and the Fan Expo in general and have many negative social and economic impacts. 6.0 Conclusions This report has provided an overview of the Fan Expo Canada event and classified into the Hallmark event category. The event was then analysed in terms of its social impact, the stakeholders involved and economic implications. This report has found that Fan Expo appeals to a unique market and draws visitors to the town of Toronto. It has outlined relevant stakeholders and their goals and found that increased integration of local community groups with the planning process of the expo could be beneficial to future success and reduced dissonance. This report described the importance of economic planning and how decisions that are made in the best interests of the event may not be in the best interests of the wider community. This report aims to advise Hobby Star Marketing on the current and future states of their event and as related to tourism theory, what impact this may have on social and economic factors, as well as impact on event stakeholders as a whole. In conclusion recommendations will be put forward as to the best approach for event organisers to take in the future to ensure all stakeholders are kept satisfied as well as the wider community. 7.0 Recommendations In hindsight to this report, the following recommendations are made:Increase communication with community industry leaders to ascertain the best approach in organising the event so maximum exposure can be generated. Further develop networking events at the expo and facilitate the creation of business opportunities and discovery of new talent in the local community. Promote to industry leaders the benefits of setting up operations in the community and tie this in with a major showcasing of their products at the following years expo. Work closer with Toronto City Council to further promote local and regional tourism to increase longer stays and increased economic activity. Reduce dissonance by operating competitively and ethically with other expos. List of References Allen, J O’Toole, W Harris, R McDonnell, I 2005, Festival and Special Event Management, John Wiley & Sons, Milton. Hobby Star 2006, Fan Expo Canada, viewed 20 August 2006, Getz, D 1997, Event Management and Event Tourism, Cognizant Communication Corporation, New York. Wikimedia Foundation 2006, Fan Expo Canada, viewed 6 August 2006,

Childhood by Alice Walker

In Alice Walker’s essay â€Å"Childhood† she tells her daughter about traditions. Traditions are defined as the handing down of statements, beliefs, legends, customs, information, etc. , from generation to generation, especially by word of mouth or by practice. Walker uses the harvest to tell the story of traditions, and how she learned the traditions. She was taught traditions by her family trough their work habit. Her family worked on a farm when she was a child, and passed those traditions on to her. Walker uses potatoes as an example of the harvest. She asked her daughter if â€Å"she knew what potatoes looked like when they were dug out of the ground†. Walker’s daughter was unsure what the potatoes looked like, so Walker decided she would show her the next morning before heading back to the city. Her daughter thought that watching her mother dig the potatoes out of the ground was extraordinary. Then Walker started thinking of her childhood, and the enthusiasm that went along with what she is teaching her daughter. She says â€Å"When I think of childhood at its best, it is of this magic that I think†. She then goes on to talk about how amazing her family was by saying â€Å"Of having a family that daily worked with nature to produce the extraordinary†. She puts a lot of emphasis on the word â€Å"magic† and how being in the country is magical. I can relate with Walker when she says that the country is magical because I too am from the country. Being in the city I don’t feel as free as I want to. In the country I am able to do more of what I want. In the country, everything is fresher, I can see the stars, and everyone around me is friendly. I think Walker wants to pass on the traditions that she learned from her family on to her daughter, so she can pass them on to her children.

Does Zero Tolerance Policing 'work' Essay Example | Topics and Well Written Essays - 3750 words

Does Zero Tolerance Policing 'work' - Essay Example The administrators objected to having to enforce the principle of zero tolerance on the grounds that they would have to go in with a police escort, even on the basis of a sliver of a rumour about a picture you don't like. Defenders of the policy reply that it indicates a greater willingness to take such complaints seriously. This type of policy of reversing the burden of proof is a species of argumentum ad ignorantiam of the following form: if you can't prove that you are not guilty, then it is presumed that you are guilty. Normally, the burden is on the accuser to provide evidence or corroboration of the charge. Admittedly, where an event took place privately between two people, with no physical evidence of harm, it is generally hard to prove such objective corroboration. The solution advocated by the zero tolerance principle is to shift the burden of disproof of the charge onto the side of the accused party. If he can't furnish such evidence, the conclusion we should draw by the ad ignorantiam argument is that he is guilty. Is this a reasonable or fallacious use of the argument from ignorance This is a hotly disputed question at the moment. Defenders of zero tolerance argue that the application of the argument from ignorance, as a reasonable argument in this instance, is justified by argument from consequences: namely, those women are at present suffering from abuse to such a degree that anyone who opposes zero tolerance is causing the deaths of women. Opponents of the principle also base their opposition on the argument from consequences. They argue that the policy of zero tolerance is producing many innocent victims of false charges of abuse, and having a disastrous effect on families. Opponents of the policy also argue that the advocates of zero tolerance are focusing only on the consequences as they affect one group, and ignoring the impact on anyone who is not a member of this group. They see this as a form of self-interested bargaining or advocacy dialogue taking the place of a more rational and objective type of deliberation or critical discussion that takes all points of view into account. At any rate, on this controversial issue, the central question directly relates to the argumentum ad ignorantiam as a type of argument. Is it reasonable or fallacious in this case And what are the grounds for justifying one opinion or the other Significantly, zero tolerance policing, with its more assertive and control oriented message, seems to have struck a chord in recent years. An increasing number of public-initiated police contacts are crime-related, especially in inner-city areas and in a time of stretched resources many have argued that police duties should be more closely restricted to crime-work. This was the dominant message behind the setting up inquiry into core policing tasks, which, despite denials, was envisaged as clearing the way towards the privatization of alleged 'peripheral' police-work. While the conclusions of the

Environmental Policy Essay Example | Topics and Well Written Essays - 2000 words

Environmental Policy - Essay Example information regarding the occurring environmental degradation [Pellegrini &Gerlagh, 2006 page3] witnessed by the soviet union, Asia, Africa and even the Latin America. With democracy, was the ability to protest against the loose grip of the authorities on the optimum use of the resources available. Thus, the democratic setup helped the cause of raising voice high enough to reach the ears of the undertakers. By exploring the link between democracy and environmental policy we can find the nature of effect that each has on other, as for instance, countries with a democratic setup have a political commitment to the people of healthy environment. And democracy is a significant positive determinant of environment protection. The UK initiatives out of region have been in the developing countries, of which the present work will limit it to India. As India is arriving in the developed country arena with the zest never seen before, the sustainability model will be largely dependent on the shoulders of the youth of the nation. The UK s sustainable development projects in India aim at Natural Resource Management, Climate change policy, mainstream sustainable development and production aiming at reduced emissions[UK - SUSTAINABLE DEVELOPMENT PROJECTS IN INDIA, 2006]. The UK Strategy for Sustainable Development, which uses that definition of sustainable development, has four objectives: - social progress which recognizes the needs of everyone - effective protection of the environment - prudent use of natural resources - maintenance of high and stable levels of economic growth and employment.[MAPPING COMMON GROUNDS, 2001] UKs latest initiative on the matter of democratization in environment policy making is the... World is changing, and how?, so during this time when the scientists are busy coming out with more statistical â€Å"deadlines† of natural resources remaining on earth and people are busy getting one on one with the â€Å"global warming† glossary of terms, fewer have started the leap toward new ways of living that are less daunting on our planet. People are reminded of a serious â€Å"shift of origin† like condition of the planet when researchers declare that the rising temperatures due to global warming will harm the wine industry in the regions of California or the decreasing ICE CAP for polar bear survival or the melting glaciers of the Himalayas close to India. But still now in times of severe hunger and poverty stricken countries of the world, where survival comes before living, fewer will be courageous to take report of the now termed â€Å"planet in peril†. On the positive side, there is some relief in watching the efforts of international level org anizations and NGOs come to light the way towards a â€Å"prolonged† stay here, on earth. Greenpeace, Care, UN and among others are the forth runners in this task. Scientific knowledge and policy go together hand in hand. Scientists contribute to the framing of issues and the agenda for climate change by defining what evidence they can produce and by making claims about its significance for policy-makers. The future for the environmental policy making through democratization is clearer and it is going to be a key issue for the coming organizational setups. The industrial revolution of the 1900s has had initially profound effect on the global environment which are now showing up. There is a need for table turning policies and stringent actions.