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

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

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.

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)

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.

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.