Thursday, October 31, 2019

Personal Perspectives of Death and Dying Essay Example | Topics and Well Written Essays - 500 words - 1

Personal Perspectives of Death and Dying - Essay Example She has even ready to celebrate his death and sold the exclusive rights of capturing her final moments to some media. â€Å"Death begins when the heart stops beating. Deprived of oxygen, a cascade of cellular death commences, beginning with brain cells and ending with skin cells. Death is a process rather than an event. Specifying the moment of death usually involves deciding on a point from which there can be no return.† (What is Death?) Most of the children may not think much about death since childhood is filled with many other activities. The confusing things about death life may not influence them much during that stage. But the religious learning centers such as Sunday school and church related activities may sometimes force them to think in terms of death also. Moreover they may get lot of information about life and death through the literatures they might have read during their childhood. The parents may not talk much about death since the children may ask confusing questions regarding the death which may not be easy for them to answer. But it is necessary for the parents to talk about death if the child asks anything about it to know his interpretations about death. If his interpretations are misleading, then the parents must try to clear his confusions about death. The thought about death was an irritating thing for me even from my childhood. After grown up, I often tried to analyze the meaning of life personally. The science topics which I learned during my studies were not convincing enough to clear my doubts about life and death. I tried to compare the scientific knowledge about death with my religion’s interpretation of death. Though scientifically not proved, I confirmed that religious beliefs cannot be written off. Science often gives us information about material things. Though science was successful in providing us much knowledge about the non material things energy and forces which exists on

Tuesday, October 29, 2019

Living Forever in a Young Body Essay Example | Topics and Well Written Essays - 1000 words

Living Forever in a Young Body - Essay Example They fear to lose their life through death. According to me, I will feel comfortable to see an end to aging since there are advantages associated with it. Aging will make it possible for me to have less negativity and high self-esteem: there is a tendency that when an individual becomes older day by day, the negativity will keep on diminishing, and he or she will be in a position of developing high self-esteem. Moreover, aging brings about more positive health. At this point, an individual can establish greater emotional stability that will encourage his or her well-being. As you become of age, the negative emotions, such as sadness and fear happen to be less pronounced. Another great advantage that comes with aging is that one develops brain plasticity (Gottberg, 2014). Nevertheless, I would not like to see an end to aging because of the following reasons: My body is starting to separate and come up short. My vision becomes poor as is the hearing. I can't rest extremely well, and various minor and significant diseases make every day be a great challenge. If I neglected to spare satisfactorily and contribute legitimately, I might end up scratching by every day. What is more, I invested an extraordinary arrangement energy agonizing over my costs; I do not work, and I will need to figure out how to fill the time in my life that was already possessed by work or my profession; When I have a couple of pastimes or intrigues this may be troublesome, and numerous days may appear to be dull and unending.

Sunday, October 27, 2019

Why is Mcdonalds such a successful company? Emphasis on India China

Why is Mcdonalds such a successful company? Emphasis on India China 1. Introduction In the present day we all lead a very hectic lifestyle cramping our lives with endless things to do and accomplish. Gone are the days when meals were cooked and served in households three times a day, instead, the youth live on pre-cooked micro waved meals and fast food. We want food and we want it fast. This was essence for the rise of Mcdonalds From humble beginnings in 1954, when Raymond Kroc who was a salesman had a vision of getting the best food in the shorted possible time to people across America was the birth of the fast-food chain that we know as McDonalds. What he did as a pioneer in the fast food industry is akin to the accomplishment of Henry Ford in the automobile industry. The same concepts of Henry Ford were applied of ensuring timeliness, proper disclipine and production efficiency were utilized. In this instance, to French fries, milkshakes and Hamburgers. Today, McDonalds is a brand that is recognized in every corner of the world. A testament to the accomplishment of this fast-food chain is the endorsement by the economist in the world who compare the official exchange rate with that of the Purchasing Power Parity (PPP) as the Big Mac Index to gauge if the currency is undervalued or overvalued. In this globalised world, how is that McDonalds managed to reach the heights that it has today with 30,000 outlets in 120 different countries spread across the globe in so many different societies with different cultures, different tastes and different economies. What are the factors that have allowed the managers in McDonalds to succeed in these countries? This paper is an attempt to address these issues. 2. International Business (Multi National Corporations) Today the world is a globalised world and increasingly becoming like a single market place. The barriers of international trade are considerably reduced. Businesses are forced to develop effective management teams and policies that can operate in different national environments. â€Å"Globalization is necessary for success and survival in the worldwide market; however, global competition is not easy† (Bateman Scott, 2004). At the onset of the twenty first century, the list of fortune 500 companies century are increasingly companies that are global (Global Capitalism, 2005) and McDonalds is part of this group. This trend gives rise to an important question in a service organisation about service quality how can multinational firms in the service industry obtain a competitive advantage over local industries and succeed? With over 30,000 restaurants operating in 120 countries and with over 1m employees McDonalds is a truly global success. But, what has made the company successful during one of the toughest economic environments for decades? The past 18 months have been a very testing time for companies across the globe. Many have succumbed to the economic turmoil caused in the US housing markets, many have changed their strategy going forward and many have changed their senior management however, McDonalds has seen an astonishing growth in its sales over the past few months. From the study of McDonalds, we identify three key factors: Embracing globalisation Adapting to local culture 3. Strong company core values (culture) The first factor globalization, has allowed between different parts of the world to come closer together, provides opportunities of exchange and expands the consumer base. Among the factors that have allowed these organisations to succeed in the global market place has been their ability to harness the cross-cultural issues and the benefit that a diversity brings to the organisation. The final factor is strong company core values that it disseminates across all aspects of its business across the globe. McDonald Corporations uses these factors to conduct business around the world. 3. Research and Findings (Primary Secondary) To any society, food is an important cultural ingredient. â€Å"Food is the oldest global carrier of culture.† (Britannica 2007). People believe that we become what we eat and impact our behaviour. Changes in its preparation has the potential to alter the traditional beliefs of people, so how could McDonalds succeed even in such an environment? In todays intensely competitive marketplace for fast food services, maintaining a competitive advantage puts a heavy premium on having a highly committed or competent workforce. â€Å"Increasingly it is being recognized that competitive advantage can be obtained with a high quality workforce that enables organisations to compete on the basis of market responsiveness, product and service quality, differentiated products and technological innovation†. (Chew, I. Horwitz, F. Case study findings). The Fast food industry like other service industries has many characteristics. When taken in context of India and China, the following are the main ones; Liberalisation of the economies of China and India Vast population Changing consumer behaviour Highly competitive environment Strong traditional food culture. Looking at these individually, the liberalisation of trade and investment in China and India has allowed for the proliferation of many international fast-food outlets in these countries. As these countries enjoy economic prosperity, a large working population means that the per capita and household disposable incomes have grown. More and more woman now work in these countries hence the fast-food/take-away and home delivery markets have grown phenomenally in India and China. Gone are the days when McDonalds enjoyed competitive advantage simply because of their unique product line. Besides the national restaurants, there are other western fast-food organisations like Burger King and KFC that pose tough competition to McDonalds by offering similar product lines. 3.1 Critical Success Factors Interview sessions were held on a number of consumers across various regions of Hong Kong. Some critical factors of success of McDonald were identified. Product line Lower Prices Sales Promotion Service Quality Adapting to Local taste Convenient Location Seating space Cleanliness The survey results gave the following results that are depicted on the chart below: If one were to look at a threshold of 80%, we find that convenient location, lower prices, service quality, cleanliness and adapting to local taste are the critical factors that consumers rate when walking into a fast food outlet and McDonalds rates high on them. 3.2 SWOT Analysis Porter (1985) suggested that the manner in which a firm puts its strategies into practice will define the sphere that it operates in be it cost leadership, differentiation or focus strategy. According to him, competitive advantage stems from not just one activity that the time does but from many discrete activities. These could be the marketing, designing, delivering or even supporting its product or services. A SWOT analysis is a good starting place in order to identify potential competitive advantages. If a quick SWOT analysis is done on McDonalds the results can be summarised as follows; 3.3 McDonald as an Employer Employees perceptions about McDonalds could be demonstrated by Hewitts â€Å"2009 Best Employers China Study†, according to which, McDonalds(China)company Ltd. has been regarded as the 3rd best employers in China. Hewitt is one of most widespread professional studies which have most impact force and influence. McDonalds figure shows a Employees engagement of 75%, which is about 26% above the average. In general, employees in â€Å"The Best† such as McDonalds speak more positively about the company (Say), more willing to serve the company (Stay) and contribute more to the company (Strive). Engagement Behaviours The Best Employers including McDonalds also shows lower turnover rate than the rest across all levels. Employees Turnover Rate Leaders of McDonalds drive a strong message that employees are highly valued assets of the organization. Employees hold strong positive perceptions of their leaders with respect to range of organizational relationships Employee View of Senior Management  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The BestTheRest I see strong evidence of effective leadership from senior management  Ã‚  Ã‚  68% 46% Our senior leaders remove barriers to create effective cross-department teams  Ã‚  68% 49% Our senior leaders develop relationships at all levels within the organization  Ã‚  70% 51% Our senior leaders requires continuous improvement from all parts of the organization  77% 57% Our senior leaders create excitement about changes  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  76% 56% Our senior leaders fill me with excitement for the future of this organization  Ã‚  Ã‚  66% 44% Our senior leaders treat employees as this organizations most valued assets  Ã‚  Ã‚  69% 47% Our senior leaders consistently demonstrate the organizations values in all behaviors and actions73% 51% 3.4 Position of McDonalds When we analyse the competing fast-food chains in China, we find that till the end of 2008, KFC opened over 2300 restaurants in China, while McDonalds only has 1100 restaurants. In a questionnaire which investigatesâ€Å" The Most Impressive Restaurant in Guangzhou† shows that Mcdonalds with a proportion of 23.5% is leading other fast-food restaurants including KFC and some other local restaurants. Proportion of Impression of Fast-food restaurants in Guangzhou Research also reflects that McDonalds major consumers are young people aged between 15 and 25. By calculating we can infer that this group of people goes to McDonalds every 2.82 weeks with 60% of them going there because of the fashion image given by McDonalds while 33.3% of them go there because of its conveniences. However, convenience is cited by 53.5% for people aged between 25 and 40 as the reason for going to McDonalds. Proportion of different aged people take a meal at McDonalds at different frequencies consumer aged between 15-25 Consumer aged between 25-40 Motive of consumption During the survey, questions were asked about which promotion method most influences the interviewee the main source that people use to acquire information being 1) TV advertising and 2) friends. These are 74% and 65% respectively. Mean while, when asked about the impact of advertising,75.5% of interviewee express that they are frequently attracted by TV advertising which are quite innovate. 24.5% of interviewees say that they are occasionally interested but no one has ever been attracted nor seen the TV advertising. (diagram) Consumers sensitivity of TV advertising 4. Analysis In spite of being an American firm that is built around the Hamburger model, McDonalds has become a part of the lives of people in Asia. Consumers in countries like China, India, Japan, Indonesia, Malaysia, Singapore, Taiwan and Thailand, where the staple diet is mostly rice or noodles have still embraced this fast food chain. It has even managed to penetrate in India, where cows are considered sacred. 4.1 Globalisation and Glocalisation There have been widespread campaigns about the ill-effects of globlasition there are a few that are pro-globalisation and postulate that globalisation enhances culture rather than adulterate it. Where it not for globalisation, it would have been unlikely that McDonalds would have had developed as a brand. â€Å"Researchers have coined a term, glocalisation, to refer to the interactions between local influences and actors and global forces† (Smith Guarnizo, 1999). Large multinational firms, particularly in the services sector, have taken steps to adapt to local values, traditions and cultures. In some instances, there have been large scale protests when a multinational firms sets up its operation overseas. McDonalds had to bear the brunt of protests when it first started in India. Radley Balko (2003), states that â€Å"In most communities, the McDonalds has conformed to the local culture not the other way around. The McDonalds corporation notes that most of its overseas franchises are locally owned, and thus make efforts to buy from local communities. McDonalds also alters its regional menus to conform to local taste.†. For example, in India, the non-vegetarian menu includes chicken and fish items only. Beef is not on the menu in India because are considered sacred. 4.2 Contribution of Culture to their Success People bring an organisation alive. Using a more diverse description, fish feels the need for water only when it is not in it. Culture is like what water is to fish. It sustains us. We live and breathe through it. â€Å"McDonalds commitment to diversity is established on the foundational belief that diversity is not just a moral and ethical issue, but also a business issue† (McDonalds, 2005). Due to the sheer number of outlets in 120 different countries, McDonalds has no choice but to embrace diversity. What is means is that almost every culture, every ethencity is represented in McDonalds. Internal management policies dictate that local suppliers are promoted. This is an extension of their policy on diversity. the use of local suppliers and based on their policies of diversity. When the individual outlets are examined, at the managerial level, there exists a task/occupational sub- culture.†A task culture is job or project oriented culture and emphasis is placed on completing a specific task†. Coles, M. et al.,(1999). The members have strong recognition for the skills of one another and respect each other. They need each other for the organisational success. Culture is itself not visible, but is made visible by actions or if one does something weird and people will come up and tell you that it is not the done thing. McDonalds realizes that having diversity as an asset greatly enhances the profitability of the company. Diversity is a direct reflection of a companys interpersonal relationships. McDonalds leadership encourages diversity through their policies and programs. McDonalds proven success with leveraging the advantages of diversity can be attributed to their core value of ethics. When I characterise the people of McDonalds on the basis of Herzbergs Motivation hygiene theory, Mullins,L.J.(2002), it is easy to appreciate and seems readily applicable. However when looking at it deeper, certain factors emerge questionable Money is a complicated motivator, it satisfies peoples need in a variety of ways, a set of people in McDonalds, money was important as they needed to fulfil their basic physiological need, there were others who needed money to throw parties (a social need) and the customer relations manager wanted it to buy a house (esteem need). People cut right through the way in which th ey prioritised money. 4.3 Management Practices There is a saying, â€Å"You can take the horse to the water but you cannot make it drink.† It will drink only if it so desires. People will also do what they want to do unless motivated, whether on the shop floor or in the ivory tower. This can be done intrinsically or by external stimulus. Watson (1997) mentioned that â€Å"McDonalds focuses on standardization of its products, as consistency and predictability are important keys to the companys worldwide appeal. It was also indicated that one key to McDonalds success was the constant push to speed up production without sacrificing consistency. McDonalds had created a system that depends upon standardized procedures in everything from sandwich assembly to advanced management training at Hamburger University†. In the 600-page â€Å"Operations and Training Manual† production guide, McDonalds ensured that nothing is left to chance; photo layouts showed where the sauces should be placed on the bun, and the exact thickness of sliced pickles was specified. All equipment at McDonalds restaurants must be purchased from approved suppliers, and the architectural design of both interior and exterior is carefully controlled. It can be said that McDonalds preaches uniformity and consistency with the fervency of a relig ion. 4.4 Core Values bind across cultures A growing belief that one of the major sources of potential competitive advantage for businesses is the effective management and development of people. For example, Sparrow et al covered in their study over 2000 organisations across the globe and their report concluded that â€Å"an organizations people provide the only realistic basis for achieving a sustainable competitive advantage†. A good example of the manner of dissipation of the core values is in the form of bonding at the shop floor. For example, the employees of McDonalds are collectively called the crew of the restaurant. This is the term used at all McDonalds restaurants. It means the same in every country and every outlet of McDonalds all belong to the same family. McDonalds senior team put the companys resilience down to an on-going investment to its customers including improving the restaurant experience and expanding its menu. The company has also maintained a massive commitment to its people and their training, which includes making apprenticeships available to all eligible employees and a cohesive and comprehension management, leadership and coaching programme. David Fairhurst, Senior Vice President People at McDonalds UK said: â€Å"In these challenging economic times, it is more important than ever for employers to invest in their staff.† Carole Williams, Corporate Training Manager for McDonalds UK, said a key component of its success is through strong leadership and communication. 4.5 Managing the Customer Experience In our personal lives, most of us would like to believe that the more someone knows us, the more that person will like us. As the old saying goes, to know me is to love me. Interestingly enough, this is also the essence of customer service. Without product differentiation, its the service that that will develop customer loyalty. Crainer (1995) in his book â€Å"The Real Power of Brands† identified McDonalds as a brilliant international exercise in uniformity. He wrote, â€Å"Wherever you go in Europe or the world, a McDonalds restaurant appears very similar and its products are uncanny reproductions of each other. It is homogeneous, uniform and highly successful. That is a McDonalds formula.† Crainer also mentioned that â€Å"McDonalds restaurants are clean; the food is consistent; the service is good. In effect, the very uniformity of the brand is the crucial differentiating factor.† In today competitive environment, customer service is not merely a means to drive sales. McDonalds has created a a niche for itself by raising the bar of competition by providing customers a unique experience. They have accomplished this is through their employees. As the competitive bar goes up, they ensure that the quality of their employees goes up too. Adapted from Mulins .J â€Å"Employee Relations and business performance† 5. Lessons Learnt In addressing the issues relating to developing effective international management teams it appears that the following areas should be considered: Identifying the nature and implications of national cultural differences within the team. Establishing a basis for building understanding and awareness of cultural differences and how they may be managed. Formulating a framework for developing a high performing team which takes account of cultural differences and leverages the diversity present in an international team. It is useful to identify clear framework for analysing and understanding national cultural differences. Such frameworks have been developed by researchers and consultants such as Hofstede and Trompenaars. While the respective merits and drawbacks of different frameworks are widely discussed and are rather helpful in illustrating the major issues which need to be considered. 6. Conclusion In conclusion, there are no simple answers on how management and management practice drive organisation success. Of all the resources available, in the International arena, the human resource is clearly the most significant, but also the most difficult to manage. The models mentioned earlier are only the basic strategies, though the final mix will vary from situation to situation. The key to competitiveness for Mcdonalds is quality and quality depends more on the commitment of individuals; more on the way these individuals behave; their team spirit than on the passive execution of orders received. People create the future through what they do and dont do. More importantly through what they can and cannot do. The value of companies stems from the people who work there, the skills they possess and their potential to transform.

Friday, October 25, 2019

Enlightenment: The Light Bulb Of The 1700s :: essays research papers

Enlightenment: The Light Bulb of the 1700's Throughout history many people have changed society with their ideas and actions. Two philosophers whose ideas and actions changed society are Voltaire and John Lock. Martin Luther and Galileo also changed society. John Lock and Voltaire both fought for basic human rights. Voltaire fought for basic religious freedom. He claimed that if god created the Catholic religion and god loves all people, then why does the Catholic religion have the right to torment other religions. As a result of this, Voltaire was exiled. John Lock also fought for human rights. He thought that government should protect the people. John Locke and Voltaire both spoke against a major power. Voltaire spoke against the church while Locke spoke against the government. Thus, change began occurring in both the church and government. John Locke and Voltaire changed society, because now people were beginning to challenge authority. John Locke influenced Thomas Jefferson because Thomas Jefferson believed in life, liberty, and the pursuit of happiness.   Ã‚  Ã‚  Ã‚  Ã‚  Martin Luther and Galileo both disagreed with certain things that the church believed in. Martin Luther said that the only way to atone for your sins were through prayer and contrition. In his 95 Thesis he established that salvation is within oneself and that individual faith in God is very important . But the church did not see it that way. The church believed that the only way to atone for your sins were through indulgences. Indulgences were paying for the removal of your sins. Martin Luther was later excommunicated from the church. Galileo also disagreed with certain things that the church believed in. Galileo proved Aristotle's theory wrong about gravity. One night during dinner, Galileo picked up two pieces of fruit of unequal size. He then dropped them and established that they dropped at the same rate. The church had believed Aristotle's theory. Aristotle said that the two pieces of fruit of unequal size would drop at different rates. Although his theory might have been correct, he

Thursday, October 24, 2019

Climate Change Policy Memo

Discussion Section: 9 TA: Jose Emilio Lopez Word Count: 800 Addressed to the honorable Senators John McCain and Joseph Lieberman. Objective To ensure the passage of the Climate Stewardship Act, S. 139, in the US Senate before the November 2004 presidential election. Strategy The recent passage of the energy bill has opened an opportunity for the passage of the Climate Change Stewardship Act. Furthermore, the results of the voting of the amendment presented by Senator Lieberman in October, 2003, show that there is already considerable support.We need to keep building momentum around this issue, and propose some of the following actions. Knowing which states have voted against the Act, it will be important to map out the motivations behind these votes and address them accordingly. For coal intensive states, the loss of income and unemployment that the adoption of cleaner technologies might bring is a big concern. Creating funds to aid them in the transition is not as important as shedd ing light in the opportunities that the modernization of the coal industry can yield.Coal and other fossil fuels will not be displaced in the short term as renewables are still beyond the required reliability, but investing in cleaner coal is feasible and can have a high return, helping boost a stagnant industry, creating knew jobs, and attracting investment for R&D of renewables, smart grids, and carbon capture and storage technologies. Further evidence about the real costs and benefits that new technologies present should be available from MIT and similar sources.Additionally, some states that voted against the amendment could be considered as highly vulnerable to climate change related phenomena such as flooding, hurricanes, and severe droughts. Reliable data related to the increasing incidence of such events in Mississippi, Louisiana, Texas and other mid western states, will help us convince their representatives on the need to act not only to take advantage of carbon storing cr op opportunities, but also to protect their vulnerable agriculture industry and the population. It is essential to build a stronger case about the market opportunities related to climate change.It was the United States task force who proposed the â€Å"flexible mechanisms† to be incorporated in the Kyoto Protocol, and all the Annex I countries but the US have been receiving the benefits of such tools. The US has failed to take advantage of global carbon markets and related commercial opportunities worldwide, and is also missing the opportunity to achieve emission reduction targets at a lower cost. The global markets in which US companies like to drive is setting high competitive standards and truly global companies will need to adapt to the standards whether nationally adopted or not, so why lag behind them.At this point, the government might find in the private sector a partner to share the cost and risks related to the investment in cleaner technologies. To convince Senator s about this argument, it will be important to use advocates such as the Ford Motor Company and IBM. These flag companies are anticipating future regulations and turning the situation into a competitive advantage. Other big market players in the electricity, transportation, industry and commercial sectors might find similar advantages in their own business models.This can help minimize the perception that climate change regulation is a means to control the market, and show that it can actually help create new markets, increase opportunities for low carbon business and promote the creation of jobs. In terms of international relationships, the passage of the Act can be presented as means to create the right environment for investments that could eventually reduce the dependence of the US on imported fossil fuels, which is as a matter of national security. Given the current climate around the war in Iraq, the Act can be seen as a low risk and low cost alternative to a costly war.Additi onally, there is great concern that any local emission reduction action is meaningless if developing countries don’t establish emission reduction targets. It can be argued that the US needs to establish high internal emission reduction targets, even if it doesn’t ratify the Kyoto Protocol or other international agreements, to recover moral leadership and global negotiation power around this issue. The media is already supportive of the cause so we need to keep working with them to maintain the climate change in the minds of the population in general to keep putting pressure on the candidates.As with highly vulnerable states, more attention should be brought to the minds of the average citizen of the vulnerability of US territories and not only faraway territories in third world countries. It is important to monitor the results of negotiations in the House of Representatives to feed into this strategy and amend the arguments we will present to the different key players accordingly. Scientific evidence regarding the potentially harmful events of greenhouse gases (GHG) cannot be ignored.Yet, some might argue that the emissions are due to causes other than human and might be reluctant to change consumption patterns. While data regarding the harmful effects of GHG upon climate, ecosystems and human life, other areas need to be supported by evidence, such as job creation, growth derived from innovation, and other benefits related to decreasing dependency in foreign fuel supply. Climate change will have adverse impacts in several communities. The most vulnerable communities in the United States will be those closear to the Gulf of Mexico.Traditionally poor and marginal states, will face the harshest conditions as their economic activities depend largely on the yield of crops. Hurricanes and changes in the rain patterns can have severe impact in the already vulnerable economies of these states. When looking at the map of states that voted against this we should devide them into those which are vulnerable to climate effects and voted against to convince them on increasing economic pressures derived from inaction in their own states and neighboring states (peer pressure). Then, with those that depend primarily n fossil fuel exploitation (coal mines, oil fields) we should work on the benefits of increase research and development of low carbon technologies within the fossil fuel industry, investment in research and development of cleaner fuels and more efficient processes can be accompanied by technology transfer tax breaks. Emphasis should be made on the fact that this newer industry will create an increasing amount of green jobs the young population could benefit from. It means shifting maintenance investment in the oil and gas industry to the development of a whole new industry that will yield high paying specialized jobs.The research and development community is a key ally in trying to convince state governments in secure resources funds for R&D of low carbon technologies. Try to capture talent within states. A new green economy brings opportunity for all and a great chance for stagnating and polluting industries to recapture investment in research and development. Development of smart grids, renewable energy projects, carbon capture and storage, doesn’t compete with the current energy industry but will allow for a long term shift into a more sustainable future while creating high paying and wealth creating jobs.Reducing the dependence on imported oil might also allow the US government to reinvest savings from cut in oil trade in the states with highest oil production in the cleaning of their industries, aiming to increase efficiency and capture GHG gases. While there are still doubts on whether climate change is due to human activity or not, the fact is that there are countries that have used the opportunities climate change presents to invest in overseas markets and claim great benefits from voluntar y carbon markets.This would allow to improve the US reputation around the World and regain moral leadership. Adaptation Mitigation Evidence needs to be collected One of the main obstacles in past negotiations was the unfairness of the developing countries not having binding reduction targets, in part because any reductions of emissions in the US would benefit only third world countries in the most vulnerable regions. But some US governments have failed to recognize the vulnerability of some US states close to the coast, river basin and other deserted areas (i. e.Florida, Mississipi, Texas, Lousiana, South Carolina, Georgia). Inaction against climate change will affect these traditionally relegated states. Evidence about the vulnerability of these regions will be key in trying to convince the congressmen representing them to vote in favor of the bill. Even if a great share of emissions are not necessarily connected to human activities (although there is worldwide consensus about the fact that it does) the fact is that temperatures are rising, and there is a need to stabilize CO2 concentration in the atmosphere.This in itself is an opportunity for innovation, and given worldwide attention to this issue the cost of action will be shared by many countries. If the US fails to act now, the cost of action in years to come might be considerably higher because the country will not be able to share the risk of the investment with other developed economies. It means maintaining leadership in the energy industry, while opening new channel for investment and efficiency, and the creation of a new set of consumption patterns, beneficial for stagnant and even contracting businesses (coal industry).

Wednesday, October 23, 2019

Critique of Kochavi’s Article Essay

Many of us used to read historical facts and data whether as a form of requirement of just a source of knowledge. As we read these texts, we are mould to understand certain parts of history that gives us greater perspective and learning of the past. According to Howell and Pervenier in their book â€Å"From Reliable Source: An Introduction to Historical Methods,† there is a process in obtaining historical data and evidences. This book serves as the basic steps in understanding the meaning and essence of history. As readers, we may be brought into historical places and scenarios because of many historians that give us several accounts on history, but we must also understand how history played a significant role to our growth and identity. This paper will discuss Noam Kochavi’s article entitled â€Å"Washington’s View of the Sino-Soviet Split, 1961-63: From Puzzled Prudence to Bold Experimentation† as it unravels a significant point of world history. In discussing the text, Howell and Prevenier will be taken into consideration to justify the arguments of the paper. Kochavi’s article discussed and described the trend and pattern of Sino-Soviet War. In the beginning of the article, the author discussed the path of the war as it involves the United States. In the middle of the text, Kochavi analyzed the different perspectives of the other historians as they give narration to the process of war through time between the concerned countries and the United States as part of the issue. Howell and Prevenier discussed the five keys to successful elaboration of historical accounts – a historian should know how to choose, he or she must know how to authenticate, to decode, to compare, and to interpret those sources that he or she has obtained. Based on the article, Kochavi has overflowing materials right through her hands. It was seen in her bibliography. They were used according to each topic. In the beginning of her article she discussed her main source, Gordon Chang’s â€Å"Friends and Enemies. † She discussed every sequence of Chang’s ideas and facts towards the World War and the perspectives of the United States within the issue of Sino-Soviet War. From all of these, it shows that Kochavi achieved the first key to obtain elaboration of the topic – by choosing the topic and idea. â€Å"Chang’s study has the single virtue of highlighting the considerable extent to which US officials during the 1950s and 1960s, Republican and Democrat alike, identified China as a growing danger to global and regional stability (Kochavi 51). † Kochavi’s article is a depiction of social reality and history into a complex situation. She is a product of modern historian that deals with the nature of facts and data in a sociological perspective rather than the technical acquisition of evidences. It can be said that this formation is a good attack to discuss the issues and relevant topics to make the article whole. Kochavi is also a basic definition of historian by Howell and Pervenier – having her own perspective that moulds the people into her own idea of the topic of the history. This point shows how the author authenticates the knowledge and evidences that she obtained throughout the process research and discussion of the text. â€Å"Another manifestation was the sense that the Communist Chinese soldier was capable of exhibiting inhuman resilience, partly because of the leadership’s alleged low regard for human life (53). † This part of the article showed the thoughts and arguments of Kochavi in regards with the context of the war. There are several points that she obtained throughout the text and all of these were discussed with certain evidences from different books, articles, discussions, and interviews. It was seen in the article that the author is making her assertions with points and justification to her main idea. As she discussed the inclusion of Washington to the war of China and Soviet Union, she is armed with different learning, ideas, composition, facts, evidences, and relevant materials to fulfill her goal for the text. That is why as the article went to its end, the readers would have greater knowledge towards the war and the ways on how Washington or the whole United States faced the issues and complications of the war. Kochavi decoded the facts and discussed it through her own senses and ideas to formulate better perspectives and identity to this part of history. â€Å"At the same time, prominent Foreign Service ‘Russian experts’, respected in the administration’s higher counsels, deemed Rostow’s prognosis too optimistic (62). † This part of the text discussed other relevant data and analysis to the topic. It is a form of comparison because Kochavi used to define and describe the capabilities, skills, knowledge, and identity of the Russian experts as they discuss the war. The author attempted not to become bias with her own thoughts and ideologies. That is why she recognized some ideas and analysis coming from other historians or experts in different countries especially to the concerned countries during the war to show their struggles, emotions, and own viewpoint of the battle. Therefore, Kochavi slowly obtained the fourth key to become a good historian for she already discussed the key aspects in tortuous case to make her readers understand well her input, subject, and point of view. On the other way around, as the article evolves and articulates its main thought, the author also narrates her simple ideas towards the scenario or the chosen topic that she faced. â€Å"In no small measure, Washington’s handling of the split was shaped by the policymaker’s preconceptions regarding China and the Soviet Union, as well as by perceived domestic factors. Yet, this article demonstrates that intelligence organs and intelligence products played a significant role (71). † The last part of the text, he discussed the main points that she wanted to convey. Through this, she has the willpower to learn and continue growing in the field of history that only few could acquire. She interpreted the sources that she has in greater sense of responsibility towards her readers. The attempts, attacks, symbolisms, and signs that Kochavi used to perform her duty as a historian and gives the readers the understanding of the content and rationale that shows the political, social, and economic aspects of war during 1960s. In conclusion to this, it can be said that Noam Kochavi did not only made a good effort to discuss the points and revelations of the Sino-Soviet War but she also made some input that moulds the readers on how they will perceive this certain part of history. It is true that historians give the idea of acquiring the facts of history as based on Howell and Pervenier. History is always in the hands of the historians because they give life to the past as we readers continue to nurture our minds in whatever facts, evidences, and information that we obtain through reading and acquiring knowledge. Work Cited Kochavi, Noam. 2000. Washington’s View of the Sino-Soviet Split, 1961-63: From Puzzled Prudence to Bold Experimentation. Intelligence and National Security 15, no. 1 (Spring): 50-79

Tuesday, October 22, 2019

WordPerfect Essays - User Interface Techniques, Double-click

WordPerfect Essays - User Interface Techniques, Double-click WordPerfect Using Tables in WordPerfect As most of you know, WordPerfect 6.0A for Windows allows you to do simple word processing pretty easily. My intention in this session is to look at tables fairly comprehensively so that you can see how to use this feature a little more fully. In addition, we'll use data from other applications , including text data and a Harvard Presentation graphics chart in WordPerfect. Seeing how tables are used within WordPerfect templates As you may already be aware, WordPerfect comes with a number of premade templates. We're going to look at one that uses a table within it, the calendar, so you can see how the feature can be used. Click on file Click on template Slide the up arrow up to cal_side Click on the words: Note description Click on the opposite facing up/down arrows for month and select July for month Click on the opposite facing up/down arrows for year and select 1995 for year The calendar will then auto fill in the appropriate days and dates and then poof! disappear. Click on Window (at the top table, window, help) This will bring up a list of documents. Note: You can have a number of documents open concurrently. This is practically limited by the amount of memory and speed of your machine as it relates to the complexity of documents. On my fairly sophisticated machine I've found six text mostly documents are about as much as I can handle the performance of. Click on the last numbered document (most likely document 2) This is a fairly complex table. If you need to make changes in it, you can do so with the table menu. To make a fairly simple change in the calendar, Click on any of the squares Click on table Click on Lines/Fill Click on the table radio button Click on Fill Radio Button Click on drop down box Click on the words 10% fill Click OK You'll see the changes reflected. Bringing your own data into a table Most of the time you'll have your own data that you want to bring in, either in the format of a spreadsheet or a ASCII file. A table handles this kind of data especially well. To bring in a text file (ASCII delimited in this case) and translate it to a table Click on File Click on Open Open File... Automatically it will detect it's an ASCII text file Select entire area of file Click on table create Choose tabular format Choose OK This will convert your text to a table with strange formatting. There are two ways to change this formatting. If you just want something that looks normal, you can click and drag the column lines easily. We'll do this with the day column Bring your mouse to the line between the two columns... You'll see a crosshatch arrow Click and drag out Your column will be resized automatically. Note, though, there is a limited width to the page, so you can not size columns larger than they can print. More frequently, you'll want an exact column width. In this case, we'll do this with the number columns. To do this: Select the columns you want to set the width for by clicking and dragging over them Click on Table Click on Format Select the column radio button Check the check box for fixed width (lower right hand corner) Select in the lower left hand corner the button for column width Select .600 in the box Your columns will be the exact same size now. They will not be aligned completely correctly though. If you want a simple right or left justification: Select the cells (the numbered cells) you want to justify within the table Click on the justification icon 8 over from the left Choose Right justification This will align your cells automatically to the right. More frequently with decimal numbers you'll want a decimal align, that is for the numbers to line up along the decimal point. Select the text you want decimal aligned Click on the justification icon Choose decimal align You can do any formatting within a table that you can do with normal text. We'll bold, italicize and underline some of our fine text. Double click on the word Monday. This

Monday, October 21, 2019

Clueless and Emma essays

Clueless and Emma essays The film Clueless, written and directed by Amy Heckerling, is an adaptation of Jane Austen's novel Emma and closely parallels the story in terms of character development and action. Although Emma was written in 1816 and developed ideas and issues of that period in time, 180 years later we can still recognize and identify with the exact same issues. This just proves that despite all the social changes that have taken place since Jane Austen's time, people and life haven't really changed all that much. The general life issues of money, relationships, upbringing, and love are raised in both texts. First of all, from the very beginning of both the novel and movie, we can see the similarities between the two main characters. Emma Woodhouse, the protagonist in Emma, is part of the rich, upscale society of a large and populous village called Highbury, in nineteenth century England; while Cher Horowitz lives in rich, upscale Beverly Hills. In both Emma and Clueless, both of the main characters, Emma and Cher, are spoiled, high-class snobs who are looked upon with admiration and popularity by all. Emma and Cher are among the cultural elite and because of their wealth and class they are spoiled and tend to think too highly of themselves. Secondly, relationships are one of the key issues raised and explored in both texts. One of the relationships explored is that between the daughter and her father. Both Emma and Cher have a close yet out of the ordinary relationship with their father, as each girl is the apple of their fathers eye and can do no wrong. And both Emmas and Chers fathers are very generous with not only their love but also their money and constant compliments. But with these compliments and cash comes snobbery and I believe that it is the fathers that cause this in their daughters. It is here that the real problems of both Emmas and Chers situations come together. Both girls have ...

Sunday, October 20, 2019

CBS news program Essay Example for Free

CBS news program Essay The broadcast news source that I watched was the CBS Evening News with Katie Couric, which was a half hour evening broadcast. Couric sat behind a desk, facing the viewer the entire time. The top stories on this broadcast were the oil spill in the Gulf of Mexico, the Kansas City tornadoes, and the â€Å"Make or Break† mission in Afghanistan. Each story received about five minutes of airtime. Couric narrated statistics of how much oil has leaked and the length of coastline that has been affected in Louisiana and the Gulf of Mexico while live footage showed clean-up efforts taking place along the coast. The story was made relatable for the viewer by explaining that the amount of oil spilled is enough to cover all of New York City. It was lent credibility by an on-site reporter and correspondent that interviewed both local residents involved in the clean-up and with experts working to stop the oil leak. There was no attention paid to the source of the leak or to anyone being held responsible for the accident. The story about the tornadoes in Kansas City featured footage from a resident’s video camera of the funnel cloud approaching, along with local news footage of the damage to local homes and businesses. Couric, the on-site correspondent and a representative from the National Weather Service delivered their news in professional, almost formal tones. This gave the program the feel of being informed, but somewhat impersonal. The only statistics given were the death rate numbers, and the story ended by stating that more tornadoes were headed toward the area. Couric’s coverage of the â€Å"Make or Break† mission taking place in Afghanistan was the third top story. It discussed the efforts to reclaim the city of Khandahar from the Taliban and gave background information into previous operations in the war between the United States and the Taliban. In-depth explanations were given of where the US troops will go and what they will do. A correspondent reporting from the Pentagon made the story seem more credible, even as he explained President Obama’s reasoning behind the troop surge. The cable news source that I viewed was Fox News on the Fox News Network. It was hosted by Shepard Smith. This was also a half hour evening news broadcast. The top three stories on the show were the Kansas City tornadoes, the oil spill in the Gulf of Mexico, and the theft of a memorial cross for World War I veterans from a Mojave Desert monument. Air time for each top story was about five minutes, similar to Couric’s program. Shepard Smith delivered all of his dialogue standing and was positioned at various spots throughout the broadcast, as opposed to Couric who stayed seated. There were fast graphics, upbeat background music, and a news wire line across the bottom of the screen delivering more headlines during the top stories, all features not included in the CBS broadcast. The story about the Kansas City tornadoes lasted about five minutes. In included local news footage shot by a Kansas City news program, an in-studio commentator and weather expert that discussed the tornado system with Smith, and footage of local survivors describing what they had seen and heard and detailing the damage to their personal property. Statistics about deaths and injuries were given, and the segment ended with Smith saying that another storm system was on its way. When discussing the oil spill in the Gulf of Mexico, Smith delved deeper into the Capital Hill investigation of BP, Transocean, and Halliburton in the attempt to determine which company was responsible for the accident. There was also more attention given to the tanker explosion that caused the accident and there was mention of the crew that died in the explosion, information that was not included in the CBS news program. This made the Fox coverage of the oil spill seem more informed and more personable. It was made more personable by Smith’s opinion that someone should be held accountable. The story about the World War I monument being stolen seemed more of a human interest story, and it was interesting that this was made a top story on the program. In discussing the theft of the monument that had stood in the Mojave Desert since 1934, Smith talked with a veteran that was coordinating an effort to have the monument recovered along with a legal correspondent that explained the ongoing debate over whether the monument should be allowed to be erected in the spot in the first place. Overall, the basic layout of the programs was the same. Each top story was given about five minutes of air time and each featured on-site correspondents, experts, video footage, and interviews. The Fox News broadcast was made more engaging with more music, a host that moved around and stood while he spoke, offered jokes and offhanded opinions about the news stories, and in-studio correspondents to discuss them. The CBS broadcast was more serious and toned-down, with Couric being the only correspondent in the studio, tamer graphics, and no news wire. I feel that both proved ample credibility with their straightforward delivery of the facts. But I feel that the Fox News broadcast was more personable and relatable because instead of just showing footage of what’s happening right now like the CBS program did, Fox’s program gave more background information and opinions from more individuals to help the viewer understand the issues and the stories better. Similarities were evident for the basic purpose of news delivery, but the differences occurred because of a different attitude towards the viewer. CBS news program. (2016, Sep 11).

Friday, October 18, 2019

History Essay Example | Topics and Well Written Essays - 500 words - 16

History - Essay Example nce and Technology were taking place, there were a lot many uncertainties pertaining to the stability and political administration of various kingdoms across Europe. It won’t be an exaggeration to say that progress and prosperity came to a halt, if not a decline, during this period primarily due to rampant warfare, theological uncertainty and natural calamities. The Great Famine of the early fourteenth century and the subsequent Black Death (the mysterious epidemic breakout) nearly reduced the European population by one thirds. Given the backdrop of this catastrophe, one can understand the stagnation of fine arts; as at this time basic survival proved a challenging proposition in itself. Other contributors to a general social unrest during this era included collective rebellion of the peasants, witnessed especially in France and England. The other conflict on a larger scale was the notorious Hundred Years’ War. But the most destabilizing event during the period was the decline in authority of the Catholic Church, due primarily to internal disagreements between different denominations. Hence, the Late Middle Ages were a period of chaos, confusion and listless in many aspects. Yet, much of Europe had endured these tough times and had managed to keep the uniqueness of its civilization intact, till the advent of Renaissance, wherein the dormancy of European culture gave way to a new blooming. What prevented Europe from sinking into the abyss of the Dark Ages that was suffered by kingdoms in the Mediterranean, was the continued progress seen within the faculties of arts and sciences, albeit at a less vigorous pace. The most critical element of the artistic preservation and improvement during this era came in the form of a revival in ancient historical texts, especially the ones left behind by the Great Roman Empire. In effect, the founding principles of the Renaissance are to be found within this historical framework. While resources were being made

Collaborative Learning Community Essay Example | Topics and Well Written Essays - 250 words

Collaborative Learning Community - Essay Example Through the process of fun, teamwork and engagement students can learn effortlessly. This process relates to the respective indicators in each of the module by using specific methodology that achieves the assessment goals. The methods used enable students to describe numerous items (parents, siblings, etch), able to express and identify their emotions as well as of others through games. For example, in the theme of Food and Taste, identification of foods and their taste were done through a ladder game where the class were formed into teams and recall as many adjectives they can about the object presented. In the same manner in the language and communication theme, the class is engaged in a bingo game where they identify facial expressions depending on the description used and concluded with a spinner game whereby they draw a word and express what they feel using that word. There is also a writing activity whereby students are form into teams and help each other use every word they know to describe the word on their

A rhetorical analysis on How Society in the United States Views Research Paper

A rhetorical analysis on How Society in the United States Views Abortion and what impact the media has on that view - Research Paper Example 8 Works Cited †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 9 Abstract The aspect of imparting living status on the fetus has profound impacts on the abortion policies which, in most cases, are advocated through the media. The media, therefore, holds a specialized and centralized place in the heart of the abortion debate. US has one of the highly opinionated public on matters pertaining to abortion controversies. Abortion had already become a diabolical issue even before the famous landmark ruling on Roe v. Wade (1973) by the US Supreme Court. This ruling and other subsequent legislations only served to provide the impetus for polarization of opinions with no point of consensus. Many of the opinions that the public holds come courtesy of the media which is accused of being biased. Biased media leads to an influence of the opinions of the public wit hout necessary changing their attitudes. Preface The reason for choosing to do a rhetorical analysis on how society in the United States views abortion and what impact the media has on that view is because of the profound connection existing among media public opinions. The public usually relies heavily on the media to bring to its attention the different issues that happen and affect the country. In this regard, the media is very important in influencing how the public generates opinion on different issues of national interest. The abortion debate has been around for a long time and has become quite contentious due to a polarized public about the way forward. In any democratic society, such an outcome is expected since everyone is entitled to their own views. Much of this polarization is caused by the media which covers news disproportionately in a biased manner. This paper brings together an analysis of different resources that are borrowed from different fields so that the true a ssociation of the media and public perception of the abortion debate can be known. These resources are qualitative in nature and they trace the effects of how the media informs public polices through its partial way of information dissemination. As such, the paper employs a multidisciplinary approach of tackling the central issue of media influence on public debates along the continuum of time. Introduction The aspect of imparting living status on the fetus has profound impacts on the abortion policies which, in most cases, are advocated through the media. Many policies have been crafted to promote fetal rights, which have negatively impacted the women’s right to abortion (Iyengar and Hahn 23). As such, the media has played a crucial role in the analysis and communication of information to the public which has had potential bias. Previous research has shown that the presentation of information to the public impacts the public’s perception of different policies and thei r preferences. Bias in how media houses present information to the public is known to have been in existence for a long time now. Therefore, the public opinion on abortion is of two extreme positions and the media seems not to favor these two extreme groups according to research (Esacove 84). Way back before the famous landmark ruling on Roe v. Wade (1973) by the US Supreme Court, abortion had already

Thursday, October 17, 2019

Technical description of the Slvador Dali painting metamorphose de Essay

Technical description of the Slvador Dali painting metamorphose de narcisse - Essay Example The essay "Salvador Dali - Metamorphose de Narcisse" explores the painting of Salvador Dali, Metamorphose de Narcisse. He deliberately cultivated delusions similar to those of paranoiacs in the cause of wresting hallucinatory images from his conscious mind. Dali's images - his bent watches, his figures, halfhuman, half chest of drawers – have made him the most famous of all Surrealist painters†. Typically painting images he saw in dreams or nightmares and consistently pushing the envelope in terms of subject matter, Dali had a wide range of interests that became reflected in his artwork. These characteristics can be more fully understood by examining one of his better-known paintings such as â€Å"Metamorphose de Narcisse† which translates to â€Å"Metamorphosis of Narcissus† in English. Created in 1937, this painting falls without question into the Surrealist style. Part of the definition of Surrealism relies upon a heavy fantasy content, typically as it i s revealed through the images of the subconscious, as well as an established connection with the world of which we are all aware. â€Å"The Surrealists tried to create a new art mythology by fusing conscious with unconscious levels of the mind". Through this terminology, it becomes immediately apparent that the work of Sigmund Freud, who had but recently published his ideas regarding the three-tiered nature of the human mind, was tremendously important to the creation of Surrealist art. As the above definition indicates, most artists, including Dali.

Examine the Internet and social media use in a foreign country Essay

Examine the Internet and social media use in a foreign country (report) - Essay Example This shows that internet is a household service that is quite popular in United Arab Emirates. There are, however, some forms internet censorship and restrictions put by the UAE government. The government does not allow any person to use internet to gather people for demonstrations that are not authorized by the government and also defaming the ruler of UAE and state in general is not allowed (BBC, 1). Promotion of prostitution and pornography is also not allowed using the internet (BBC, 1). Gambling is also not allowed in UAE, like most other Muslim countries. All these restrictions of internet use come under internet censorship. Use of social media is also very popular in the country and many users are active on social media. The most popular social media by far is Facebook because more than half of internet users of the country are active on Facebook (Scaria, 1). This is why it can be safely argued that Facebook is highly preferred by internet user of UAE. Mainly the youth is more interested in using Facebook as it provides them with the opportunity to communicate with each other and make new friends. The use of internet in the country is quite common and, therefore, users have developed great trust in internet. Internet is used in UAE for online transactions by many people (MVF Global, 1). Also, there is great potential in the e-commerce industry in UAE as many people want to shop online for services and products (MVF Global, 1). This highlights the fact that internet users in UAE are developed and they do not use internet for general communication and entertainment purposes only. Online transactions happen in UAE showing that the country has sophisticated internet users. All in all, United Arab Emirates is an internet loving nation as majority of the residents of the country use internet regularly. Social media is also very popular and among social networking sites, Facebook is the most popular. There are, however, many

Wednesday, October 16, 2019

Finance Case Study Example | Topics and Well Written Essays - 1250 words - 1

Finance - Case Study Example modern technology has eased investment in the international market since several platforms for monitoring the progress of subsidiary firms are available online. Before entering the foreign markets, the BFIS should consider several factors to avoid suffering huge losses as discussed below. The level of competition in the international market is a fundamental consideration for making a foreign investment. Investing in the foreign market is an expensive venture that requires maximum caution. BFSI should assess and evaluate the level of competition in the international market to identify the techniques that need to be put in practice before initiating any investment. It is imperative to note that the level of competition influences the profit margin of an enterprise. In this regard, market competition should not be overlooked when investing in the foreign markets (Hiles 141). In most cases, business enterprises develop marketing techniques that are aimed at driving competitors out of the market. For this reason, BFSI requires to assess the nature of competition in the various foreign markets before establishing any investment. The government is usually involved in the money market for regulation and maintenance of ethical standards. In addition, the governments of various countries impose taxes either to encourage or discourage foreign trade. Some policies enforced by the governments of various countries may be harmful to BFIS’ foreign investment plan. For instance, high tax rates may lower the profit margin and eventually limit further expansion of the industry in the international market. Some countries are quite conservative and are usually not welcoming to new investors. Essentially, government policies might favor further expansion of an enterprise or discourage its dominance in the foreign markets. The international financial market is highly influenced by the nature of customers in particular countries. The groups of people participating in the

Examine the Internet and social media use in a foreign country Essay

Examine the Internet and social media use in a foreign country (report) - Essay Example This shows that internet is a household service that is quite popular in United Arab Emirates. There are, however, some forms internet censorship and restrictions put by the UAE government. The government does not allow any person to use internet to gather people for demonstrations that are not authorized by the government and also defaming the ruler of UAE and state in general is not allowed (BBC, 1). Promotion of prostitution and pornography is also not allowed using the internet (BBC, 1). Gambling is also not allowed in UAE, like most other Muslim countries. All these restrictions of internet use come under internet censorship. Use of social media is also very popular in the country and many users are active on social media. The most popular social media by far is Facebook because more than half of internet users of the country are active on Facebook (Scaria, 1). This is why it can be safely argued that Facebook is highly preferred by internet user of UAE. Mainly the youth is more interested in using Facebook as it provides them with the opportunity to communicate with each other and make new friends. The use of internet in the country is quite common and, therefore, users have developed great trust in internet. Internet is used in UAE for online transactions by many people (MVF Global, 1). Also, there is great potential in the e-commerce industry in UAE as many people want to shop online for services and products (MVF Global, 1). This highlights the fact that internet users in UAE are developed and they do not use internet for general communication and entertainment purposes only. Online transactions happen in UAE showing that the country has sophisticated internet users. All in all, United Arab Emirates is an internet loving nation as majority of the residents of the country use internet regularly. Social media is also very popular and among social networking sites, Facebook is the most popular. There are, however, many

Tuesday, October 15, 2019

Sir Gawain and the Green Knight Essay Example for Free

Sir Gawain and the Green Knight Essay Charles Darwin once said that, â€Å"A man who dares to waste one hour of time has not discovered the value of life.† In Sir Gawain and the Green Knight, Sir Gawain is an honest and chivalrous knight, as seen in his pentangle, â€Å"The fifth five I find the famous man practiced Were – Liberality and Lovingkindness leading the rest; Then his Continence and Courtesy, which were never corrupted; And Piety, the surpassing virtue† (Gawain, 651-654). Sir Gawain’s chivalrous character seems superficial and wasted to some individuals because it means he cannot live a fulfilled life. In the words of Darwin, this would mean that Sir Gawain does not understand what the value of life is. Certain green objects, such as the green girdle, the Green Knight’s accoutrement, and the Green Chapel, represent the quest of truth in Gawain’s character and the understanding of the value of life, which is the ability to learn from mistakes and continuously grow as life goes on. The story of Sir Gawain and the Green Knight begins with a mythical creature, the Green Knight, interrupting a New Year’s feast in King Arthur’s court. We can see that this green knight is the symbol for corruption and dangerousness, in comparison to the symbolism of Arthur’s court, including Sir Gawain, being orderliness and safety. He is clothed in all green garments, â€Å"And garments of green girt the fellow about—A two-third length tunic, tight at the waist† (Gawain, 151-152). The green in his appearance is the symbol for evil because he becomes the adversary of Sir Gawain, the one who challenges Gawain’s morality. The Green Knight’s weapons are also decorated in green, â€Å"The head of that axe was an ell-rod long. Of green hammered gold and steel was the socket, And the blade was burnished bright, with a broad edge† (Gawain, 211-212). The abundance of the color of green is important because it represents Gawain’s instability and uncertainty. The Green Knight uses the weapons to take three blows at Sir Gawain, but Gawain flinches before he is able to strike him. The creature leaves a scar Gawain’s neck when they finally clash; the wound is symbolic for the deterioration of Gawain’s knighthood. Sir Gawain was a person full of virtue and believed in the goodness of the world, as the poet describes him as â€Å"like gold well refined, He was devoid of all villainy, every virtue displaying In the field† (Gawain 633-635). He is called up to fight this  Green Knight. Before he starts his quest to encounter the knight, he is welcomed as a guest at Lord Bertilak’s castle to stay and rest easily for a couple of days. As a knight of King Arthur’s court, the Lord expects Gawain to be courteous and do whatever action the Lady performs on Gawain to the Lord himself. While the Lord is out hunting deer, boars, and foxes in the forest, the Lady sneaks into Gawain’s bedroom, closes the door shut, and attempts to seduce him like how her husband is hunting the animals. Following the code of the knights, Gawain tries to politely push the Lady away by dancing around the conversation and letting her down easy as he says, â€Å"‘Indeed, dear lady, you did better,’ said the knight, And solemnly as your servant say you are my sovereign. May Christ requite it you: I have become your knight’† (Gawain, 1276-1278). The knightliness forbids Gawain from growing as a person because chivalry is all he follows. When the Lady doesn’t get what she wants, she decides to takes another approach and challenges Gawain’s knighthood with a gift of the green girdle that contains magical powers such as immortality. Gawain finally commits an error by taking this gift from the Lady; the green girdle gives a hint at Gawain’s instability and uncertainty to be an honest knight. He is supposed to do what the Lady does to him back to the Lord, which means that Gawain is expected to give this girdle back to the Lord. Instead, Gawain ends up not doing so and tries to avoid telling the Lord what happened while he was out hunting animals. By sinning, Gawain loses all his virtues as a knight and finally begins to learn the value of life. The other prominent green object in Sir Gawain and the Green Knight is the green chapel, where Sir Gawain and the Green Knight were supposed to meet for battle. His guide warns Gawain that no one has successfully defeated the mythical creature before. This doesn’t change his decision to fight the green knight. When Gawain finally reaches the Green Chapel, it is described as chaotic just like when the Green Knight interrupts King Arthur’s court. The poet describes it by saying, â€Å"It had a hole in each end and on either side, And was overgrown by grass in great patches. All hollow it was within, only an old cavern† (Gawain, 2180-2184). It outlines the true messiness and disorderliness of the place in great detail. The poet also describes the chapel’s satanic characteristics when he says, â€Å"‘O God, is the Chapel Green This mound?’ said the noble knight. ‘At such might Satan be seen Saying matins at midnight’†Ã‚  (Gawain, 2187-2189). These corruptive characteristics of the Green Chapel foreshadow the outcome of the duel between Gawain and the Green Knight. When the two of them finally encounter each other at the Green Chapel, the Green Knight claims that Gawain isn’t acting like himself, â€Å"‘You’re not Gawain,’ said the gallant, ‘whose greatness is such That by hill or hollow no army ever frightened him; For now you flinch for fear before you feel harm† (Gawain, 2270-2272). With his unique weapons, the Green Knight strikes three blows at Gawain, but only one of them has any impact on him. This scar on his neck is an example of Memento Mori, a keepsake that helps Gawain remember his mortality and ability to commit human error. Sir Gawain learns the true value of life through a convoluted process. He is no longer the chivalrous knight that he originally was because he makes the mistake of not telling Lord Bertilak, who turns out to be the corrupted Green Knight in disguise, about the gift of the magical green girdle. The Lord eventually finds out because he is actually testing Gawain’s ability to be a true knight. As a consequence of his lie, Gawain ultimately loses his perfectness and virtues. In the denouement of the poem, Gawain continues to wear the green girdle in Arthur’s court also as a Memento Mori, as a reminder of his mistake of lying, which signifies that he is finally learning from it and progressing altogether as a person.

Monday, October 14, 2019

Causes of the 2008 Global Economic Crisis

Causes of the 2008 Global Economic Crisis Essay Topic: Outline the major arguments put forward to explain the emergence of the 2008 crisis. Discuss in detail the two that seem most relevant together with the supporting evidence about their validity The world economy witnessed its most dangerous crisis in 2008 since the Great depression in the 1930’s. The contagion, which began in the United States when the housing prices finally turned assertively downward and spread quickly to the entire financial sector in the U.S and then to other financial markets abroad through financial and trade linkage . The financial crisis prompted in the early 2006 when the subprime mortgage began to show an increasing rate of mortgage defaults which later increased higher than normal rate in the late 2007, and on September 15,2008, one of the biggest investment banks in the world, failed, Lehman Brothers (2008financialcrisis, 2015). This essay would look at the major factors that explains the emergence of the 2008 crisis and also critically discuss in details the two most relevant arguments with supporting information and data that proofs its validity. Various arguments were proposed to explain the emergence of the crisis, which are; capitalist instability, financial deregulation and innovation, debt and crisis and rising inequality. The financial crisis shows inherent instability of capitalism; John Maynard Keynes believed that it was necessary to use monetary and fiscal policy to tame instability because he sensed that the market economy was unstable, this system became the pillar after the Great Depression and was a success this success later was carried to extreme and became overgrown and highly wasteful. Financial capitalist revolted against higher rates of inflation in the 1980s by forcing government to adopt restrictive policies, especially tight monetary policy (this is higher interest rates) and the result was less inflation and a return to higher unemployment, this shows that government policies have affected the combination of unemployment and inflation at specific times. Milton Friedman later came up with the neoclassic al theory that states that the market economy should be kept free from government intervention and regulation to enable more efficiency and stability. This thinking has been carried too far by the Bush Administration of 2001to2008, which has sought to do away with regulations and allows securitization of debts and everything else imaginable, these workings of market was spread globally. It is however fair to say that what led to the financial crisis can be a grand experiment of global scale aimed at the creation of the laissez-faire ideal comprehended by the neoclassical school (Katsuhito, 2008). The financial liberalization is also considered as one of the main causes of an increased frequency and intensity of financial crisis, these deregulations has a potential negative effect on the financial stability. Although the evidence towards these effects is inconclusive for several reasons, it increases bank risk-taking in both developing and developed countries through different channels in both groups of countries. In the developed countries, increased bank competition is the main channel of bank risk but in the developing country increases in bank risk associated with increased bank competition is not found. However, research also indicate a different effectiveness of capital regulation, official supervision, and financial transparency for limiting bank risk-taking across countries, this essay would later focus on the financial deregulation and innovation to explain the emergence of the crisis with theoretical background and hypotheses to discuss the potential effects of finan cial liberalization on bank risk-taking. Household indebtedness has a cause and a long-run macroeconomic implications, this has grown in most considerably developed countries over the past 25years, sustaining consumption growth and contributing to the fall in the household saving rate. The rapid household indebtedness manifested in the USA, housing bubble started to burst in 2006 and fell about 25 percent from the peak so far after prices stopped to increase in 2006 and decreased in 2007. This decline was obvious that homeowners could no longer refinance when their mortgage rates were reset, this caused delinquencies and avoidances of mortgages to increase rapidly, especially among subprime borrowers. The percentage of mortgages in foreclosure tripled in the first quarter of 2006 to the third quarter of 2008 from 1 percent to 3 percent or at least thirty days delinquent more than doubled , from 4.5 percent to 10 percent. The delinquency and foreclosure rates are higher than that of the Great Depression which was 6.85 in 198 4 and 2002, the American dream of owning your own home turned into an American nightmare for millions of families. By 2009, a total of about 6 million mortgages are either in foreclosure or has already been foreclosed which is about 12 percent of all the mortgages in the United States, this means losses for lenders and it was estimated to be $1trillion or more. In addition to losses on mortgages, due to the weakness of the economy, there were also losses on other types of loans which was ranged up to another $1trillion, so total losses for the financial sector as a could be as high as $2trillion. It was also argued that rising inequality in the past three decades has led to political pressure for redistribution that eventually came in the form of subsidised housing finance and has been found in general to impede growth. Political pressure was applied so that low-income households who overall would not have qualified gotten enhanced access to mortgage finance. The subsequent lending boom made an enormous run-up in housing prices and empowered consumption to keep above stagnating incomes. The boom switched in 2007, prompting to the emergence of the 2008 crisis. Along the lines, this essay would further review evidence that suggest that unequal access to political impact produces unequal access to finance and eventually unequal opportunities, which can underpin any initial economic inequality. Inequality has blended much contention amongst economists due to its role in the economy, a critical number of economist have exhibited the implications created by rising economic inequality and its role in the current global financial crisis while different other economist reject this thought and also minimalizing the importance of inequality as a contributor by stating other factors that contributes to the crisis. Most developed countries have experienced a great increase in inequality in the last few decades, especially in the US where there has been a wide aggregation of wealth and capital amongst the top-earning bracket of society whilst the average workers have encountered a relatively small increment in real wages in connection to inflation and rising productivity. This has in turn increased household debts for low income earners in the economy due to the need of maintaining a comfortable living. Krugman (2013) believed and argued that these two phenomena are possibly related â€Å"Inequality is linked to both the economic crisis and the weakness of the recovery the followed†. Figure 1 shows the common trends in the share of total income amongst the high income earners in the US. The share of total income grew gradually from 1943 to 2008, although there has been a slight decline in shares over the period but the overall trend has been a significant increase. Going before the current financial crisis, the to 5 percent accomplished far more prominent increments than the next 5 percent, which income stagnated. Also, there is a sharp increment in the share of total income of the top 1 percent before the Great Depression and the current global financial crisis. In both cases, the share of total income reached roughly 24 percent within a year of the crisis that is 1928 and 2007 correspondingly. Following the financial crisis, both periods had a sharp decline in share. Wisman (2013) discovers that the rate of income increases for the first bottom 20 percentile was just 6.3 percent and 15.8 percent for the second bottom 20 percentile, Which is significantly lower than the top 1 percentile that witnessed a staggering increase of 228.3% and the to 20 percentile increased by 79.9%, wage stagnation is a clear evidence. Based on household debt, as a rate of GDP, there has also been a non-stop increase from third quarter of 2006 to third quarter of 2009 as seen in Figure 2. As the overall debt increases, whilst top 10 percent earners experience increasing earnings, this would inevitably result in an â€Å"ever-growing gap between the rich and the rest† (Krugman, 2013) However economist differs in their assessment of the inequality contribution towards the crisis, it was also argued how inequality affects access to finance. Another empirical study focuses on firms; firms reliably need to bribe officials to dodge regulatory harassment in developing countries (Berger and Udell, 1998). Access to financing can help overcome most barriers, as money is fungible. Recent evidence demonstrates the significance of access to finance for less established producers, Perotti and Volpin (2007) proofed that in a large study of entry rates across countries; better investor protection is indeed allied with larger average entry rates, and in addition with more firm density in sectors which depend all the more on external finance. This then shows that poor financial access is a major source of entry barriers. Their outcome indicates that poor investor protection is more probable in nations with poor political institutions and in countries with more economic inequality . Interestingly, they find that it is no longer significant once they present effective investor protection while the size of domestic capital markets subsidises to explain entry. Consequently individual access to finance is more dangerous for new entry than the general state of financial markets. Also, Firm data demonstrate that, in specifically affecting their growth, access to finance is top three barriers for growth, so it therefore affects smaller firms more compared to the larger counterparts. Estimations of the effects of absence of financing constraints propose that small, medium and large firms have grown slower by 10.7, 8.7 and 6.0 percent correspondingly in the period 1996–1999 (Beck et al., 2005a). This low growth suggests that absence of access to financing raises indirectly inequality. Financial deregulation and Innovation, the 2008 crisis has highlighted the limitations and hazards of financial innovation while dimming the light on its core benefits for an economy. The sole purpose is that complex financial instruments related with innovation were broadly used as vehicles in the credit expansion that prompted to the crisis (Sà ¡nchez, 2010). Mortgage securitizations during the housing bubble years did not diminish the information problem that neither are typical of credit transactions, nor edit it induce appropriate risk assessment. Moreover, innovation has had a critical and positive role in financial innovation, leading to the development of economic wellbeing. Hence provided that we reinforce sensible regulation to discourage excessive risk taking in the future, innovation can continue to benefit our societies (Sà ¡nchez, 2010). The most important conditions are those needed to abate possible causes of excessive leverage and risk taking. Notably, monetary policy should pursue its objectives and avoid any expansionary undue credit or assert price booms. Similarly, fiscal policy should make sustainability of financial institutions a priority without resorting to subsidies loan that may lead to risk taking. Regulation should focus on making financial system resilient to crises; there aim should be to align incentives toward responsible risk taking and moral hazard risks. It should be borne in mind that regulation is not a guarantee for protection. Rather, regulation should make customers and risk managers more demanding, as it does not eradicate the risk inherent in financial products. Regulatory and supervisory efforts should never crowd out the responsibility and due diligence of market participation. An analysis on monetary and fiscal policies in the US prior to the recent global crisis by Taylor (2009) focuses on Taylor Rule which examines the rate of growth and the level of interest rates. This rule explains that an increase in economic growth must be equalled by a subsequent increase in interest rates (Taylor, 1993). He stated that interest rate reduced in the 2001 recession, as it was expected to expected to rice back but then it became very low, which fuelled the housing boom and eventually resulted in a housing foreclosures. Interest rates stayed far too low as the US economy experienced economic growth (2009:166). The demand for houses would decline once the short-term interest rates increased back to its normal levels significantly, followed by a decrease in construction. Housing prices inflation declined. Delinquency and increases in foreclosures followed, which lead in â€Å"the meltdown in the subprime market and on all securities that were derivative from the subprim es† (Taylor, 2007:3). Essentially, government policies, rather than increases in inequality, were the source of the housing crisis and eventually the financial crisis. Cheap credit influx of capital from China into the United States was one reason, China’s capital surplus was the mirror image of the U.S. trade deficit, lots of dollars were sent to China in exchange for cheap good sold to the U.S consumers by the U.S corporations. The shift in which institutions hold mortgages, is a key reason that mortgages were made available so widely and with such little review of recipients. Financial Deregulation and Unchecked Financial â€Å"Innovation†. Initially, banks created mortgages and held them. In the current global crisis, banks and non-bank mortgage lenders created loans, but these loans was then sold to others. Investment banks sealed lots of mortgage loans into â€Å"Collateralized Debt Obligation† (CDOs) and then was sold to Wall Street, with an insurance of a steady stream of revenue from interest payments. These system was pretty much unregulated, no one took account of how sub-standard the loans were or more fundamentally, the certainty that huge numbers would go bad if and when the housing bubble popped, despite the fictional erudition of the investors involved (Weissman, 2011). In conclusion, the arguments presented in this essay explaining the emergence of the 2008 crisis which are capital instability, financial deregulation and innovation, debt and crisis and rising inequality, an also focused more on two arguments which are Financial Deregulation and Inequality in financial market. The financial crisis was avoidable, because this crisis was more or less due to human action and inaction, not by natural factors or computer models miscalculation. It obviously ignored warnings and failed to question the knowledge and manage developing risks within a system crucial to the well-being of the Citizens of the United States. References 2008financialcrisis.umwblogs.org,. Overview. N.p., 2015. Web. 21 Mar. 2015. B. Taylor, J. (2009). THE FINANCIAL CRISIS AND THE POLICY RESPONSES:AN EMPIRICAL ANALYSIS OF WHAT WENT WRONG. [online] Available at: http://www.nber.org/papers/w14631.pdf [Accessed 21 Mar. 2015]. Barba, A. and Pivetti, M. (2008). Rising household debt: Its causes and macroeconomic implicationsa long-period analysis. Cambridge Journal of Economics, 33(1), pp.113-137. Crotty, J. (2009). Structural causes of the global financial crisis: a critical assessment of the new financial architecture. Cambridge Journal of Economics, 33(4), pp.563-580. Caprio, G, Demirguc-Kunt, A and Kane E. J (2010) ‘The 2007 meltdown in structured securitisation’ The World Bank Research Observer, 25 (1): pp. 125-155 Moseley, F. (2012). The U.S. economic crisis. [online] Isreview.org. Available at: http://isreview.org/issue/64/us-economic-crisis [Accessed 21 Mar. 2015]. Katsuhito, Iwai. Global Financial Crisis Shows Inherent Instability Of Capitalism — The Tokyo Foundation. Tokyofoundation.org. N.p., 2008. Web. 22 Mar. 2015. Minsky, H. P. (1980) ’Capitalist financial processes and the instability of capitalism’ Journal of Economic Issues, 14 (2): 505-523 Krugman, P. 2013. Why Inequality Matters. [online] Available at: http://www.nytimes.com/2013/12/16/opinion/krugman-why-inequality-matters.html [Accessed: 14 Mar 2014]. Phillips, M. (2013). Americans Are Now Taking On More Debt Than At Any Time Since 2008. [online] The Atlantic. Available at: http://www.theatlantic.com/business/archive/2013/11/americans-are-now-taking-on-more-debt-than-at-any-time-since-2008/281537/ [Accessed 24 Mar. 2015]. Wisman, J. D. 2013. Wage stagnation, rising inequality and the financial crisis of 2008. Cambridge Journal of Economics, 37 (4), pp. 921945. Weissman, R. (2011). Deregulation and the Financial Crisis. [online] The Huffington Post. Available at: http://www.huffingtonpost.com/robert-weissman/deregulation-and-the-fina_b_82639.html? [Accessed 24 Mar. 2015]. Sà ¡nchez, M. (2010). Financial Innovation and the Global Crisis. IJBM, 5(11). Appendix Figure 1 – Shares of Total Income Accuring to Each Group in The US (Kenworthy and Smeeding, 2013: 36) Figure 2 – Total US Household debt balance (Phillips, 2013)

Sunday, October 13, 2019

What Exactly Can Picture Books Teach Our Children? Essay -- Learning T

What Exactly Can Picture Books Teach Our Children? I chose to read and comment on Barbara Kiefer’s â€Å"Envisioning Experience: The Potential of Picture Books.† Kiefer’s main point in writing this essay was to get the message across that children enjoy picture books that allow them to identify and make connections with the characters or the plots, and that while reading and analyzing the pictures, they gain a better sense of aesthetics and how to interpret them. I agree whole-heartedly with the conclusions that she drew from her observations. It is very hard to get the whole â€Å"picture† from a children’s storybook that has no pictures. The children find it harder to identify with the characters and often find these books boring. Being able to see the pictures helps them to make connections with either the characters or with their personal experiences. For example, all small children can identify with the little monkey, George, in Rey’s Curious George. On page 27 of the book, we see George smoking a pipe because he saw the man in the yellow hat smoking it. At some point in every child’s life, he has seen an adult doing something unfamiliar and wanted to try it, just like George did. This would be a good point at which the child could articulate one of his experiences to a class or friend, helping him to become more comfortable with speaking about and sharing his thoughts. Kiefer points out in her essay that when children vocalize what they think about a story and the pictures, it helps them to become more cognitive thinkers. She also stated that â€Å"the children I observed seemed to be intent on making meaning regarding the picture books †¦Ã¢â‚¬  (Kiefer 66). I, too, can see this when I am ... ...s and classrooms should have a wide variety of books available with varying styles of writing and art work. In addition to the books, the children should be given a variety of ways in which to express their thoughts and feelings about these books, either through discussion, writing, or their own art work. I agree because this could only allow children to enjoy reading more and lets them feel like their opinions matter and are appreciated. Having books readily available only increases a child’s desire to read and creates in him or her a love for books that, hopefully, never goes away. Works Cited Kiefer, Barbara. â€Å"Envisioning Experience: The Potential of Picture Books.† Publishing Research Quarterly 7.2 (1991): 63-75. Rey, H. A. Curious George. Twentieth Century Children’s Book Treasury. Selected by Janet Schulman. New York: Knopf, 1998. 88-95.

Saturday, October 12, 2019

The Era of New Technology Essay -- Business, Sony Products

::: INTRODUCTION ::: Many people cannot visualise the period of time when technology begin to develop incredibly fast day by day. By innovating products which never have place before people started to purchase the novelty as well as enjoy the revolution. The era of new technology also increase the market research as more people wanted to expand and invent different ideas to become competition. In addition the modernisation started to bring huge amount of profits so people begin to formulate more and more companies to come up with better inspiration as well as to beat the competition. In 1946, Masaru Ibuka and Akio Morita establish company called Sony. The company created and launched the first magnetic tape recorder called the G-TYPE recorder in Japan. From that day he expands and invents new ideologies to his company as this was the first profitable product to the company. Next stage of Sony was receiving licensing rights to transition in 1953 from Western Electric. Furthermore, the release of the world’s first pocket transistor radio in 1955 which ascertain a market leadership position for the company. Sony was one of the first companies which arise on global market. As Christophe Catesson states â€Å"Since Sony does arise, it has been noted for manufacturing some of the best in-house standards for new storage and recording technologies as a substitute of adopting those products manufactured by other companies.† (2008) The establishment of Sony Corporations in United States occur in 1960. The creation of the company name â€Å"Sony† was inspired by merging two words. The first one is â€Å"sonus† in Latin, which means â€Å"sound† and the other is â€Å"sonny† which means little son. â€Å"The words were used to show that Sony is a very small group of... ...many profits as until now. As Sony has in plans to invent the multi device which be combined of phone, console and notebook. Another creation which has to bring on the market is Bright Era projectors. New invention like that will keep the Sony brand on the top of the list as well as getting the bigger profits. In 1955, Morita prediction to the Sony Company states â€Å"that Sony would be famous around the world within 50 years† For instance it develop more rapidly as he thought. The impact of Sony on the marketplace worldwide is very strong as well as has many followers in their innovations. Finally summarise the all undertakings that Sony have made by these days is â€Å"company culture and widely acclaimed by customers of all ages and in all parts of the world.† (2011) Sony creators should be proud of themselves and feel the satisfaction of the benefits to the future.