Ikea Case Summary Study Example | Topics and Well Written Essays - 3000 words

Ikea Summary - Case Study Example IKEA is known to conduct business in 38 countries with 325 stores spread across the world (IKEA Group, 2013b). In 1984, IKEA had made its first attempt to penetrate the market of the U.S. In order to enter the U.S. retailing industry, the company implemented the global strategy in business. It should be noted that the global strategy was based on the principles of standardization, but not differentiation (Jonsson, 2008). Through this strategy, IKEA manufactured and sold standardized products in both the European and U.S. marketplaces. However, the company was quick to realize that the taste and preference pattern of potential buyers in the U.S. are greatly different from that of the Europeans. Hence, in order to enhance utility levels of the U.S. customers, IKEA had implemented the transnational or differentiated strategy of internationalization therein. Under this process, the organization started to design and manufacture furniture according to local taste and preference patterns i n the U.S. (Jonsson, 2008). IKEA also entered in other emerging markets such as China, with its transnational internationalization strategy. It entered into the market of China in 1998, through a legalized venture business agreement. The transnational operational strategy of IKEA was highly successful, which helped to tap a wide base of potential customers for its products worldwide. Nevertheless, it was noted that local Chinese companies recruited inexpensive laborers and procured cheaper raw materials than that of IKEA.

Face-to-Face Versus Online Education Essay Example for Free

Face-to-Face Versus Online Education Essay Education is essential to the future of our society. Many adults, including scholars and teachers, are constantly searching for the best way to educate students today. Face-to-face education, being the genuine form, seems to be the first choice of many students. However, online education is becoming more popular and is being used more often at universities. Online courses are convenient for some who have busy schedules which obstruct them from attending face-to-face courses. Online education may be the most convenient form of education, but is it an effective form? Several valid arguments have been made by scholars and other individuals claiming it meets both of these standards. The main question students and scholars would like to know is whether or not one form is better than the other. There are several differences between online and face-to-face education. Lecture classrooms are common in universities. They are an easy way to teach a large number of students at once, however, many students dislike lectures because it places them in the majority. In a lecture classroom setting, students may not have the chance to communicate with the professor or even their peers. Students may feel shy and intimidated by the amount of people around them. The online discussions, chat rooms, and e-mail features in web-based classes makes it virtually impossible to avoid communication with fellow students or teachers. The social barriers which exist in face-to-face communication often seem to be non-existent in online communication and students feel a lot less pressured to speak up, or should I say type up. Online communication, however, does not allow for nonverbal cues and this tends to limit the quality of certain discussions and lecture notes. Some  students may feel they need to be face-to-face with the person teaching them in order to better understand and comprehend the material being presented. Being able to hear what the professor has to say can draw the attention of some and distract the attention of others, sometimes depending on the excellence of the professor. Students are encouraged to try web classes if they have trouble learning from what they hear and find it easier to comprehend what they read. The convenience of online learning is possibly its most brilliant quality. Students find it practical that they can attend a class while sitting in the comfort of their own home. Soldiers, pregnant women, and others with tight schedules are all able to complete their course work in a timely manner through web-based courses. A man who works full time as an assistant at law firm and wants to continue working, while attending classes so he can become a lawyer himself, may want to take online courses instead of face-to-face in order to accomplish both goals. I think situations like this one makes online learning brilliant since it opens doors of opportunity to certain people. By posting information in discussion forums up to several times a day, professors can keep students working, but the students can respond when they have the chance. Online courses allow convenience for time and patience also. Think about the amount of time you spend driving to school and walking to classes, or the frustration of trying to get to a class on time while searching for a parking space in which you wont be towed or ticketed. I spend up to twenty minutes of some school days driving in my car, congested with my vulgarity and frustration, searching for a parking space. Even with the beauty of all its aspects, some say convenience should not be an alternative to higher education. Even though convenience is a positive attribute about the online classroom, it may not be enough to provide for the social and educational needs of students. (Barakat) Students have claimed that they like the idea of not having to attend class but disliked the process of communicating in a delayed, impersonal manner.(Barakat) Through my online education experience, I have found that there are benefits  and disadvantages communicating on the web. Since times and meeting places are not specified in online group work, members of the group cannot make excuses on why they cannot attend. The assignments can be worked on by each group member on their own time. The group members can then cooperate with one another through postings or e-mail to equally combine their contributions. We dont have to worry about the group members who did not participate receiving credit (as commonly happens in in-class group work) because we submit only the names of those who participated in the assignment. Having experienced both online and face-to-face education, I have come to the popular opinion: Online education has its positive aspects in relation to convenience and quantity of communication, however, I believe that face-to-face education produces better quality of communication which, in the end, is more essential to the learning process. Online education is convenient and can grant students opportunity to communicate more often with their professors and peers through postings and mail forums. Face-to-face education allows students to learn in a more personal nature which may make the learning process easier and more enjoyable. Neither form of education has been declared the right, or best form. Different individuals have varied beliefs and opinions on which type of education is the best. In order to form an opinion as to which form of education is best for you develop a hypothesis and then experiment by experiencing both forms. Finally, ask yourself, Is online education as effective as traditional face-to-face education? References Barakat., Dr. Samer A. On-line Education Versus Classroom Face To Face Education. www.sharjah.ac.ae/academic/engineering/e-forum/Abstracts-htm/a2-4.htm#. Kindred, Jeannette. Thinking About the Online Classroom: Evaluating the Ideal Versus the Real. www.acjournal.org/holdings/vol3/Iss3/rogue4/kindred.html. Chamberlin, Sean W. Face-to-Face vs. Cyberspace: Finding the Middle Ground. Syllabus Magazine. Thu., Mar. 4, 2004. J. R. Bourne, A. J. Brodersen, J. O., A Model for On-Line Learning Networks in Engineering Education, Journal of Engineering Education, Vol. 85, No 3

The Importance Of Bioequivalence

The Importance Of Bioequivalence Bioequivalence is defined as the absence of a significant difference in the rate extent to which the active ingredient or active moiety in pharmaceutical equivalent or pharmaceutical alternative become available at the site of drug action when administered at the same molar dose under similar conditions in an appropriately designed study (Huixiao et al., 2009). The importance of bioequivalence studies is increasing due to the large growth of the production and consumption of generic product (Vetchà ½ et al., 2007). Bioequivalence also assess the relative bioavailability of two drug products thus focuses on comparative drug product performance (Mei-Ling et al., 2001). The rationale of bioequivalence study is the monitoring of pharmacokinetic and pharmacodynamic parameters after the administration of tested drugs (Vetchà ½ et al., 2007). A standard pharmacokinetic study is the conventional method for evaluating the pharmacokinetics of a drug in human subjects. Deferiprone (DFP, Ferriproxà ¢Ã¢â‚¬Å¾Ã‚ ¢, Kelferà ¢Ã¢â‚¬Å¾Ã‚ ¢, L1, CP20) was synthetic hydroxypyridinone iron chelator isolated from legume Mimosa paduca (Clarke and Martell 1992) to be taken orally, and bind iron in conditions of iron overload (Kontoghiorghes, G.J, 1985). Iron was essential to all species and there was no physiologic excretory pathway for this essential element (Andrews, 1999). In conditions of primary iron overload (eg, hemochromatosis) or secondary iron overload (eg, transfusion-dependant thalassemia), accumulation of this potentially toxic element results in massive iron accumulation and lead to generation of toxic free radical damage (Rund and Rachmilewitz 2005). DFP was used in the treatment of Thalassemia Major and was also used worldwide to treat cancer, leukemia, hemodialysis and other diseases like detoxification metals, such as aluminum in hemodialysis patients (Paschalidis et al., 1999; Di-Ji et al., 2004). Deferiprone was the worlds first and only or ally active iron chelating drug, which was effective and inexpensive to synthesize thus increasing the prospects of making it available to most thalassemia patients in third world countries who are not currently receiving any form of chelation therapy (Kontoghiorghes et al., 2004). DFP is a bidentate chelator and has a two pka of 3.6 and 9.9 (Hider and Liu 2003) with strong iron binding properties of pFe3+ 19.6 and pFe2+ 5.6 thus binding it in 3:1 complex indicating a high degree of relative specificity for trivalent iron (Clarke and Martell 1992; Tam et al 2003). It was a water soluble compound with partition coefficient of 0.11 and has a molecular weight of 139 Da which made them move freely through cell membranes of the body. DFP absorbed rapidly and completely after oral administration. . Deferiprone appears in plasma within 5 to 10 minutes of ingestion and Peak plasma levels achieved within 1 hour after administration. Food reduces the rate of absorption but not the extent of absorption thus reducing the peak concentration with Cmax of about 100 µmol/L in fasting state and about 85 µmol/L (Matsui et al 1991; Al-Refaie et al 1995a). Deferiprone is metabolized to the inactive glucuronide that is the predominant form recovered in the urine (James et al., 2001). The drug was eliminated rapidly with a half-life of about 2 hours due to hepatic biotransformation. It was metabolized by glucuronidation and about 90% of the drug excreted in urine as glucuronide. Half-life was shorter in healthy subjects of about 1.3 hours than that of thalassemia subjects having 2.3 hours (Stobie et al 1993). Most frequently occurring side effects are transient gastrointestinal symptoms (GI) such as nausea, vomiting, and abdominal pain (Cohen et al 2003). OBJECTIVE The purpose of this study was to evaluate bioequivalence of new tablet formulation of Deferiprone with Ferriprox ® (Apotex, Canada). MATERIALS AND METHODS Materials Two drug products of deferiprone 500 mg tablet were used for invivo bioequivalence study. One was the test product (Test) manufactured locally and another was the Reference or innovators products. Deferiprone standard was supplied by Assistant Drug Controller, Ministry of Health, Islamabad. Acetonitrile and methanol HPLC grade were purchased from MERCK. Study products The test formulations were Ferrinil 500 mg tablet Batch Noà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦. , expiry à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦, and the reference product Ferriprox ® 500 mg tablet Batch Noà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦ expiryà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦ (Apotex INC., Canada). Human subjects The study was approved by the Ethics Committee of BeSt Center, Faculty of Biosciences, University of Veterinary and Animal Sciences, Lahore. Twelve healthy Pakistani male volunteers aged between 18-55 years were included in the study. All volunteers were in good health confirmed by physical and clinical laboratory examination including serology, hematology and biochemical test. All volunteers were abstained from other drug intake and alcoholic preparations three weeks prior to and throughout the study. Those volunteers who had chronic smoking history, alcoholic intake and caffeine intake were excluded. Study design The study carried out was randomized, two-treatment, two-period, two-sequence, single dose crossover study with two weeks wash-out period. Each volunteer was in fasted state approximately 10 hours prior to the study. Each volunteer received a single dose of 1000 mg deferiprone with 240 ml of water. Blood samples were collected immediately before and 0.25, 0.5, 0.75, 1, 1.5, 2, 2.5, 3, 4, 6, 8 and 12 hours after drug intake. A standardized lunch is consumed after blood sampling at 4 hours. The plasma were separated by centrifugation and stored at -80 °C. ANALYTICAL METHOD The analytical method was modified by the method of Goddard et al.1990 using validated HPL method DATA ANALYSIS The pharmacokinetic parameters of both test and reference drug were compared and was determined by taking Cmax and Tmax directly from the individual concentration versus time data. Elimination rate constant was determined from log-linear least squared regression of the terminal part of the plasma concentration versus time curve. Half-life was estimated from equation 0.693/Kel. The area under the concentration versus time curve was calculated by linear trapezoidal rule. The comparison of generic product of deferiprone 500 mg with innovators product was assessed using relevant pharmacokinetic parameters, Cmax, Tmax, AUC (0-t) and AUC (0-à ¢Ã‹â€ Ã… ¾) and was transformed to logarithmic scale before statistical analysis. The difference of the mean corresponding log Cmax, log AUC(0-t) and log AUC(0-à ¢Ã‹â€ Ã… ¾) between the two products will be determined by 2-way analysis of variance (ANOVA) for a crossover design at the significant level of ÃŽÂ ± = 0.05. The 90% confidence interval (CI) (two-one sided test) for the differences of the mean log Cmax, log AUC(0-t) and log AUC(0-à ¢Ã‹â€ Ã… ¾) between the two products were calculated. The two products are considered to be bioequivalent when 90% CI of the differences of all parameters were within WHO accepted range of 80%-125%.

The Cemetary and Loss in Faulkner’s The Sound and Fury Essay -- Faulkn

The Cemetary and Loss in Faulkner’s The Sound and Fury On the sixth page of the novel The Sound and The Fury, Caroline Compson informs her son Jason that she and her other son Benjy are "going to the cemetery." The sense of loss that runs through much of Faulkner's work, especially The Sound and The Fury, can be found in the quiet, black-and-white world of the dead. In a cemetery one is reminded of lives lost and lost lives. Faulkner honors both in his novel. The story reveals a multilayered cacophony of loss. The trees and the grave stones in the Laurel Grove cemetery have been around for a long time. So has the Compson family. Yet, I get the impression reading The Sound and The Fury that time is running out for Faulkner's fictional dysfunctional family. By the end of the story the...

Ozymandias and the Grecian Urn Paper

Even though â€Å"Ozymandias† by Percy Shelley and â€Å"Ode to a Grecian Urn† by John Keats sound like very different types of poems, they still share some of the same characteristics. In â€Å"Ozymandias,† Shelley tells a story of how a man found a ancient statue of a king, with the words â€Å"My name is Ozymandias, King of Kings,/ Look on my Works, ye Might, and despair! † The statue was broken into pieces, and the land was bare, with nothing to â€Å"look on† (11).In â€Å"Ode to a Grecian Urn,† Keats is speaking to an ancient urn and describing the unchanging pictures that are on it. These poems are very different in how their objects interact with the passing of time and in the feelings that they invoke in the reader, but very similar in the romantic characteristics that they represent. â€Å"Ozymandias† and â€Å"Ode to a Grecian Urn† are very different in how the statue and the urn interact with the passing of time. In â€Å"Ozymandias†, Shelley shows how a manmade object is destroyed in time by nature.Not only is the statue destroyed, but it is also obvious that the town has also been destroyed when Shelley states that, â€Å"Nothing beside remains. Round the decay/ Of that colossal Wreck, boundless and bare† (12-13). Nature has the ability to destroy everything that a man can make, anything from a simple statue to an entire town. However, â€Å"Ode to a Grecian Urn† is an entire poem about a manmade object that has withstood the passage of time and anything nature threw its way.Keats states that even â€Å"When old age shall this generation waste/ Thou shalt remain† (46-47). Keats does not even acknowledge the fact that nature could destroy the urn in a split second. Since the urn is a â€Å"Sylvan historian,† it has been around for a while, meaning it has probably been through some version of a natural disaster or at the very least a rough storm, and nature st ill has not chosen to destroy it (3). Shelley’s poem and Keats’s poem also differ in the feelings that they invoke in the reader. â€Å"Ozymandias† has a very off-putting sound to it.Shelley puts words that have negative connotations to them; like when he is describing the king with a â€Å"frown/ And wrinkled lip, and sneer of cold command† (4-5). The poem gives the reader a feeling of loneliness and emptiness by using lines like â€Å"The lone and level sands† and â€Å"boundless and bare† (14, 13). In â€Å"Ode to a Grecian Urn†, the connotations of the words that Keats uses are completely opposite. Keats even describes the urn as being able to tell â€Å"A flowery tale more sweetly than [their] rhyme† (4).Keats then goes on to state that the melodies â€Å"unheard/ Are sweeter; therefore, ye soft pipes, play on† (11-12). These lines are so light and pretty especially compared to the harshness of Shelley’s poem . Keats describes the beautiful pictures on the urn throughout the rest of the poem, even making a sacrifice sound peaceful. Even though the way the poems’ objects interact with the passing of time and the feelings the poems invoke in the reader differ greatly, the romantic characteristics that both poems symbolize are very similar.Ironically, the opposite parallels of the two poems have a way of representing a romantic mindset. For example, the romantics believed that nature is supposed to teach. In â€Å"Ozymandias†, nature destroys a statue and a town that had arisen from greed and the abuse of power. The king is stated to have a â€Å"sneer of cold command† and a â€Å"heart that fed† his own desires (4,8). The â€Å"trunkless legs of stone† and â€Å"a shattered visage† makes it sound like nature was not very happy with the king’s show of authority (2, 4).In â€Å"Ode to a Grecian Urn†, the manmade object not being destroy ed by nature can still teach the reader. The urn was not made for power and greed, but to show beauty and love. The urn depicts many scenes of nature and peacefulness. Another similarity that both poems share is that they show the insignificance of something that is supposed to be great, like a king, and the value of something that is supposed to be ordinary, like an urn. Once again, in â€Å"Ozymandias†, the king and his great town are destroyed.This seems like Shelley’s way of rooting for the revolutions, of making a king not so important anymore. After all is said and done, the â€Å"lone and level sands stretch far away† (14). No matter whether one is a king or a peasant, everyone dies, and in the end, being a king does not make you greater than a peasant. In â€Å"Ode to a Grecian Urn†, Keats glorifies the common urn. He makes the urn, which could have probably been found in many homes, seem special to the reader. Like many romantics, he took an ordi nary item and turned it into an extraordinary one.Shelley’s â€Å"Ozymandias† and Keats’s â€Å"Ode to a Grecian Urn† differ in the ways that the statue and the urn interact with the passing of time and in the feelings that they invoke in the readers; however, they still ironically share similar romantic characteristics. The poems may not seem very comparable at first, but once the reader considers what each poet is trying to convey, they do not seem so different after all. Again, it is the ironic and opposite parallels that actually add up to express the same beliefs of both poets.

5 Tips How to Make Homework Fun

5 Tips How to Make Homework Fun Your children spent their days at school, and then they come home and the big battle starts! They need to make their home assignments that are not a big pleasure for both kids and parents, and we know how it can be difficult if you need to ask, beg, force them to do their home task. For some parents it's nightmare. Children can be nervous with you, they may hate to fulfill assignments, and they find various reasons to avoid from start. We are sure you understand how it ends. Your kids might go to school with undone tasks and get low grades, or they spend long hours in the night with making the assignment, and you can't wake them up to the school in morning. Both variants sound bad and wrong. In both cases you and your kids would be overstressed and angry; it affects your family  relationship and this could end up with a nervous disorder. Are you looking for a way to manage tasks at home, and interested how to do homework without stress, nerves, and quarreling? We know how to make homework fun! Keep reading our article and learn many awesome hints how to help your child with assignments and get everything done without wasted time and nerves. Hint # 1 A new place for doing your homework. First important thing how to make homework fun is to make comfortable workplace for them to work. If kids have their own space, they appreciate it a lot; try to create their homework space they will love. If your child doesn't have their own table and does their assignments in the kitchen, it wouldn't be exciting for them. Such kids will find a million reasons to avoid making their tasks at home. If you don't have a lot of space at home, try to create a workplace with good lighting for your kid. Children love to have something their own, and you should encourage them to clean their place after they did homework. A good idea is to buy small school desk with lockers where children can put their books, exercise-books, and pencils. Kids are happy to have their own place, and they don't mind about cleaning it and keeping neat; this will help to develop their accuracy. Hint # 2 Make rewards for finished task. If you feel tired thinking how to do homework without pushing on your kids, you may try incentives. With some kids, it works perfectly. We need to mention this method might work not for everyone, so if you accept incentives, you should try it out. Promise them more time with computer or tablet, late bedtime on weekend, or going to the zoo with their friends. Offer your children something after they finish their assignments. You may offer cinema tickets, their favorite ice-cream, a new toy they desire to get. Just turn your fantasy and think up something your kids love - you know a plenty ways how to make homework fun! HELP WITH MY HOMEWORK Hint # 3 Some snacks will make homework fun. The next tip how to make homework fun is giving your children snacks during their studying; they can't have food in class during lessons, that's why it's wonderful treat while they are at home.   If your kid is hungry, he or she will be unfocused and unhappy. Give them simple snacks like crackers or cookies; just choose snacks won't make their hands dirty while they write or read the book. It's good to offer an apple or sliced fruits and vegetables during their reading. Just watch the time to not spoil the dinner. Snacks help kids to be more concentrated on their tasks, plus tasty things can make their homework fun! Hint # 4 Take breaks to stay fresh! Are your kids tired after just 20 minutes of sitting with their tasks? Use this tip how to make homework fun, and you will see they can do much more and better. Just take short breaks! We guarantee this is a good tip how to finish homework fast. Don't be a bad cop anymore telling they can get off the chairs if all homework will be finished. You should involve children in doing something during the break, they don't have just to sit and wait till you will force them to work on lessons more. Break can be a fun! It could be short play time, quick dance, aerobics, or bathroom break. During the break, kids' attention will switch on something else, and they will finish their assignment quicker and easier when they come back to the desk. Hint # 5 Help your kids how to do homework. We understand you are extremely busy for all day, but you should take some time and join your children while they are making their lessons at home. You will be able to see what they work in school at the current time, and they may ask you how to do homework. Give them good advice how they need to make this or that. We are not going to suggest telling them how to cheat on homework, but you can teach them how to focus on homework, and with other our tips, your kids will have their homework fun! How to Get Professional Help With Homework? In some cases, students get complicated tasks to fulfill at home, and they have no idea how to do homework. Visit our company site and get professional and fast help with your homework! We can make various assignments: math, literature, geography, chemistry, physics, etc. It's very easy to make your order – just search for our order page, fill all details about your task, calculate the price and click confirm button. We will start working on your homework just after you sent your assignment! Our service collaborates with talented writers to deliver a professionally done task to you. We guarantee high quality, professionalism, and individual approach to each and every client. Our company will keep your personal data confidential. Many people all over the world trust our service, don't hesitate and contact us right now if you have got any questions.

Heads Up, Seven Up Essay Example

Heads Up, Seven Up Essay Example Heads Up, Seven Up Essay Heads Up, Seven Up Essay The article Head up, Seven Up was focused on the finance ministers from seven industrialized nations who were meeting in Paris this weekend to discuss ways to improve world economic growth. This meeting is commonly referred to as the G7. The article stated that the U.S.s value-oriented economic growth package was a key topic during the State of the Union address and will also be addressed during the G-7 meeting. The war of terrorism was another topic discussed. The group thought that it is important to encourage developing countries to grow faster in the coming years to discourage terrorism among its people. The American economy has been growing steadily and as a result it grew 2.8% in 2002. Januarys retail sales, commodity prices, and industrial production were all strong suggestion the economy will continue to grow in 2003. The new tax cut package which eliminates double taxation of dividends is also expected to add to the economic growth in 2004. The group felt that Americas strong economic position required them to project more vision and economic leadership abroad. In response the U.S. felt that much of world growth depends on sweeping growth-oriented IMF reform. But, ultimately the IMF controls economic standards around the world and in the past the U.S. has taken much of the blame because of our supposed control of the IMF. The group felt as if the Argentinas debt crisis and Japans deflation crisis both situation deserved special attention. The assembly gave Japan a clear statement: use a simulative monetary policy to end deflationary expectations. The results from the G7 meeting may not change the way in which our world economy operates. But, several of the worlds economic and financial problems are solvable and this meeting lays a solid foundation for our economic future. Class Concepts Geber states that the G7 meetings goal is to achieve a desirable level of world economic growth. The purpose is to avoid one nation taking an unequal burden. This is especially important when a nation attempts to expand their economy. If the country expands too rapidly then the other countries may not be able to keep up with there exports and the nation attempting to expand its economy may be stuck with a surplus. For a successful world economy all countries must grow evenly and if a country grows to fast others may not be able to keep up with them. In the end the country growing to fast may be hurt the most. The G7 annual meeting in a way is a check and balance system for the worlds economy so that no one of the seven leading economies does not grow to fast for their out good. Gerber then goes on to say the G7 meetings is a great idea for our world economy but, the political problem is that there is no international organization capable of arranging a multilateral agreement among nations. He then adds countries enter and leave slow growth periods and recessions at different points in time and it is rare that one policy is suitable for everyone. Reaction I felt that the article was very informative. I was very unfamiliar with the G7 meetings and gained a great deal of knowledge from the article. As an American I found the article to be discriminatory because it put America on a pedestal and blamed some of the world economic problems on us. But, the article also stated that America favorable economic position required them to set and example for the rest of the world to follow. I agree with this and think the U.S. must adjust their policies accordingly. The article did not mention the implications the meetings have on the rest of the world. By looking into the text I discovered that many of the decision from the meetings have little value and are disregarded. But, the article did end with and interesting point and stated that the G7 meetings are simply just a starting point and a way in which to establish the foundation. The article put a lot of emphasis on the American economy especially the new tax plan. Many feel that the new tax plan would spark a stagnant American economy. However, the G7 meeting acknowledges that the U.S. economy has been growing steadily while others are falling behind. They feel this new tax plan will give America an unfair advantage but, as an American who pays taxes I feel that the tax plan is a good thing that meets Americans need for lower taxes and would not expect anything less. Article Text Heads Up, Seven Up The finance ministers of the seven major industrialized countries meet in Paris this weekend to discuss the state of the world economy and ways to improve growth. The U.S. brings to the meeting the bold, values-oriented approach to economic growth that President Bush chose with his tax proposals and State of the Union message. It could be a strong starting point for a broader prosperity initiative to replace the IMF fixation on austerity for the poor. The war on terrorism adds urgency to our interest in seeing developing countries grow faster in coming years. A discussion of faster global growth should go arm in arm with the planning to help Iraq in the aftermath of a possible war. New Treasury Secretary John Snow will be a welcome addition to the G7 group. While he probably wont be able to transform the dialogue toward prosperity just yet the meetings are in Paris after all he is expected to bring a healthy dose of energy and confidence. Fortunately, the U.S. economy is giving Mr. Snow an assist. Despite rampant negativism, the U.S. grew 2.8% in 2002. Januarys industrial production, retail sales and commodity prices were strong, signaling reflation underway. The U.S. economy employs 131 million workers, most of them flexible and increasingly productive. The prospect of a cut in the income-tax rate, increased incentives for saving, and the elimination of the double taxation of dividends add further to the growth potential. Given our economic strength, the U.S. has an obligation to project more vision and economic leadership abroad. Low expectations and fear of growth have plagued past G7 dialogues. Recognizing core U.S. economic values sound money, low tax rates, free trade, limited government, and a belief in rising living standards for all is fundamental in overcoming these fears and building faster global growth. Part of this will depend on sweeping growth-oriented IMF reform. The IMF controls the economic rules around the developing world, including in key U.S. friends like Turkey, Indonesia, and Pakistan. They suffer impoverishment, with the U.S. getting much of the blame due to our supposed control of the IMF. Among the countries in need, Latin America deserves special attention. Argentinas debt crisis is festering. IMF-related tax riots and 29 deaths scarred Bolivia last week. Apart from Mexico, most of Latin America is closed off from world capital markets. The IMFs standard program of currency volatility repels capital inflows and means high interest rates across the region. With the added prescription of high tax rates, investment and trade liberalization are unlikely. Sound money and trade liberalization can also be a growth-oriented alternative for the countries that French President Jacques Chirac has threatened to keep out of the European Union. For pro-U.S. countries in Eastern Europe, including Turkey, to whip their own economies into shape would ultimately offer more economic benefits than joining the E.U. Another topic certain to be discussed at the G7 meeting is Japans malaise. In 2002, Japan suffered record deflation. Its GDP shrank to less than $4 trillion. The standard message of structural reforms fails the tests for boldness and effectiveness. This year, the G7 has an opportunity to send an unusually clear message to Japan use a stimulative monetary policy to end deflationary expectations building on Alan Greenspans unequivocal December speech about a central banks power to stop deflation.

Free Essays on The Significance Of The Resurrection

The significance of the resurrection is often over shadowed by Easter and a bunch of rituals. And the question is of how many people actually know the true meaning and significances of it all. One of the most significant things about the resurrection was that Jesus claimed to be the son of god and through his resurrection he basically proofed his claim. At the sight of our lords a solider exclaimed, â€Å"truly this was the son of god† (Mark15:39)also Jesus was raised , to which we are all witnesses. â€Å"Therefore let all the house of Israel know for certain that God has made Him both Lord and Christthis Jesus whom you crucified† (Acts 2:23-24, 32-33, 36). Now that we have establish that Jesus Christ was the son of god we can look at another aspect as to how the resurrection of him was significant to the world. The death of Christ was significant to the world because it was a part of God’s eternal plan that Christ would die as an innocent sacrificial lamb, as a substitute payment for the sins of men. The sacrifices of the Old Testament system anticipated Him who was to come as the â€Å"Lamb of God who takes away the sins of the world† (John 1:29; cf. I Cor. 5:7). From eternity past, Christ was designated as the perfect sacrifice, without spot or blemish, whose death could thus atone for the sins of others (Is. 53; Heb. 9:11-14).This sacrifice was necessary because man himself was born into sin. Even if any man had wanted to, he could not offer himself in payment for his sins, for his sin had disqualified him from being an acceptable sacrifice. Consequently, the Old Testament provided for the offering of certain select animals whose blood was shed vicariously for the sins of those who repented and trusted God's revelation. The death of our Lord alone would not have sufficed, since it is by our identification with Him in His death, burial, and resurrection that we are saved. Much more then, having now been justified by His blood... Free Essays on The Significance Of The Resurrection Free Essays on The Significance Of The Resurrection The significance of the resurrection is often over shadowed by Easter and a bunch of rituals. And the question is of how many people actually know the true meaning and significances of it all. One of the most significant things about the resurrection was that Jesus claimed to be the son of god and through his resurrection he basically proofed his claim. At the sight of our lords a solider exclaimed, â€Å"truly this was the son of god† (Mark15:39)also Jesus was raised , to which we are all witnesses. â€Å"Therefore let all the house of Israel know for certain that God has made Him both Lord and Christthis Jesus whom you crucified† (Acts 2:23-24, 32-33, 36). Now that we have establish that Jesus Christ was the son of god we can look at another aspect as to how the resurrection of him was significant to the world. The death of Christ was significant to the world because it was a part of God’s eternal plan that Christ would die as an innocent sacrificial lamb, as a substitute payment for the sins of men. The sacrifices of the Old Testament system anticipated Him who was to come as the â€Å"Lamb of God who takes away the sins of the world† (John 1:29; cf. I Cor. 5:7). From eternity past, Christ was designated as the perfect sacrifice, without spot or blemish, whose death could thus atone for the sins of others (Is. 53; Heb. 9:11-14).This sacrifice was necessary because man himself was born into sin. Even if any man had wanted to, he could not offer himself in payment for his sins, for his sin had disqualified him from being an acceptable sacrifice. Consequently, the Old Testament provided for the offering of certain select animals whose blood was shed vicariously for the sins of those who repented and trusted God's revelation. The death of our Lord alone would not have sufficed, since it is by our identification with Him in His death, burial, and resurrection that we are saved. Much more then, having now been justified by His blood...

Psychology of eating Term Paper Example | Topics and Well Written Essays - 1250 words

Psychology of eating - Term Paper Example In other cases, we tend to repent after having consumed a heavy meal, which affects our moods and declines our efficiency in the daily life activities. There is dire need to examine the psychology of eating in order to identify ways in which we can control our food intake, and maintain our good looks, and attitude towards food, which is the fundamental source of energy for us. Driving factors for eating behavior: Booth (1994, p. 1) has presented the psychological definitions of food and drink. According to Booth (1994, p. 1), food is anything that is edible and drink is anything that humans consider potable. In order to understand the psychology of food, understanding of the factors the drive hunger and thirst is important. According to Cleveland Clinic (2005), experts have expressed that factors that influence our attitudes towards food include, but are not limited to cultural, social, individual, evolutionary and familial factors. In certain cultures, food is fundamentally consider ed as a source of pleasure and eating is thought of as a good pastime. There are also cultures which take food as a necessity for survival, but do not consider eating for pleasure a good idea. Likewise, there are other social and personal factors that shape an individual’s attitude towards food. ... 5). Negative psychological effects of poor eating habits: We should be able to control our eating habits instead of letting our eating habits control us in order to maintain positive attitudes towards food and ensure the consumption of healthy diet. We normally take food as a means to regulate our tensions and feel good at least for the portion of time, in which we are eating. If we loose to our timeless and unnecessary cravings and eating temptations, we may in fact end up increasing our tensions. This may happen because the underlying cause of tensions is often not related to the food, yet food is consumed as a means to regulate the tension. This is the same as taking wrong medication to cure a disease that actually requires some other treatment. In such cases, not only does the original disease sustains, but also we acquire negative side effects of undue treatment. In the case of food, this shows up in the form of obesity and ruined looks. Thus, consuming food to regulate tensions not only sustains the original cause of tension, but adds to it by making us feel physically unfit. Overeating makes us feel negative about our self image as we gain weight, and add unnecessary volume to our figure. Human psychology and weight management: Psychology is a field of science that essentially depicts the reasons people indulge in certain activities or display certain behaviors and offers a rationale for the way people do it. Weight management requires deep understanding of the psychology of eating, which can best be explained by two core areas: Behavior: Regulating eating habits requires manipulation of behavior. Behavior can be treated through study of the patterns of eating an individual routinely maintains. Cognition: Human cognition can be controlled with

The Relation Between Faith And Reason In St. Augustine's Confessions Essay

The Relation Between Faith And Reason In St. Augustine's Confessions - Essay Example God allows the famines to kill thousands of hungry people in some parts of the world. God allowed the killing of innocent civilians during the September 2001 Osama Bin Laden attack on New York and the Pentagon. God allowed the Muslim Extremists to capture jet planes as battering rams during the fateful ground zero disaster. God also allowed the assassination of John F. Kennedy. God allowed the Watergate scandal. God has a reason for allowing the surprise Japanese to attack Pearl Harbor. God allowed the hurricane Katrina to wreak havoc on Florida’s coastlines. God has a reason for inflicting death and sorrow among the innocent civilians. Faith shows that people should never doubt God’s reason for inflicting such disasters. Likewise, the verse â€Å"What I then did was worthy reproof; but since I could not understand reproof, custom and reason forbade me to be reproved.†2 The verse clearly indicates that Saint Augustine had faith reproof or rebuke is a reasonable a lternative for violations of moral law, ethical standards, and other societal rules and regulations. Society implements the regulations to create harmony in society. Policies are have been proposed, scrutinized, studied, and approved to preserve the peace and harmony of the state. Policies and regulations contain corresponding penalties to deter or eliminate the actualization and continuation of crimes against the residents. For example, a worker caught sleeping during duty time is initially reprimanded. Another employee is terminated for stealing company property. The courts will jail a speeding car owner for running over an ailing 70-year-old pedestrian crossing the street. The company is closed down for engaging in the selling of heroine within school premises. The court penalized Dr. Murray with a 40-year sentence of intentionally injecting a deadly sleeping medicine on world-famous Michael Jackson. Saint Augustine reminds us that people must have faith in the reasons for implem enting punishment for violating rules, regulations, policies, and other legal documents. Another verse states, â€Å"Human friendship also is endeared with a sweet tie, by reason of the unity formed of many souls.3 Saint Augustine dictates the people must have faith in the reasons for unity. People live to have someone to hear to their boring stories. One of the reasons for loving another person is to receive love in return. The people are stronger if they bind together. It is not customary for a person to live a hermit life all alone in the mountains of California. It is customary for people to marry and have a family. It is customary for the parents to bring up their child in the best possible way. Saint Augustine expresses the importance of having faith in a person’s reasons for preferring do whatever it takes uniting the people. In terms of faith, the faith verse â€Å"Thou alone art God exalted over all... †4. Whoso enters into Thee, enters into the joy of his Lo rd: and shall not fear, and shall do excellently in the All-Excellent. I wandered, O my God too much astray from Thee my stay, in these days of my youth....†5 The verse shows that people must praise and worship God at all times. Saint Augustine insists that all human beings must spend some portion of their times praying for God’s blessings, help, and protection from the elements and evil persons. Saint Augustine insists that people should have faith in God’

Information system Essay Example | Topics and Well Written Essays - 2000 words

Information system - Essay Example tions that means they have to as well somehow facilitate all remote office workers and team members, internationally, to work together on the similar shared files as well as data at the same time. However, in view of the fact that business data file sizes and data storage needs are augmenting every year, as well as the well-organized sharing of files all through distributed business enterprises over the wide area network (WAN) has turned out to be an exceptional task. Additionally, the difficulty is that gigabytes of data can be shared over a local area network (LAN) through standard file server technology, they cannot be shared all trough remote offices linked over the WAN. On the other hand, standard file server protocols offer unacceptably slow response times to open and write files over the WAN in addition to this forces remote office IT managers to build a number of unappealing alternatives. Thus, in this scenario IT managers and network users have to either live with reduced pr oductivity because of poor network performance at remote offices or they have to make use of replication systems that waste business network storage as well as slow down worldwide collaboration (Dorairajan; Nash; Forouzan and Fegan). Dorairajan (2004) stated that a new class of product recognized as wide-area file services (WAFS) has demonstrated extraordinary outcomes in resolving the problem of remote office sharing and collaboration intended for distributed organizations and businesses like that Oliyday Hotels. Additionally, the wide-area file services (WAFS) allow corporations with remote offices to make use of the WAN to share files like if it were a virtual LAN, facilitating real-time, read/write access to shared business files in addition to assure the coherency and consistency of the entire business file data (Dorairajan; Forouzan and Fegan). In addition, the majority of the successful WAFS systems tackle inherent WAN file sharing problems through a multi-layered technology

The Aspect of Gay Marriage in the Society Term Paper

The Aspect of Gay Marriage in the Society - Term Paper Example Several thesis statements can be used to give the view of gay marriage in society. It can be based on people’s standards and perception of culture. One such thesis statement states that perception and existing idea about wrongness and rightness of individual’s actions depends on culture from which they come from and geographical region of their existence. Gay marriage Every society has cultural ethics that shape it up. These cultures are enforced as daily norms and way of life in which every member of the society respects and follows. Marriage in society is given much weight since it is regarded as a fundamental unit in family creation where society is advanced and continuity guaranteed (Majeed, 2004). Just like all marriages, gay marriage involves union of two partners. This case becomes different since it involves same-sex partners. They are allowed to have same set of legal rights as that which is held by heterosexual spouses. Several countries have legalized gay mar riage which has led to heated debates and conflicts between religious groups and gay parties involved. Acceptance and reinforcement of legal rights of the gay existence in society has become a dangerous threat to domination of traditional Christian norms regarding sexuality and sex. Several ethics rule and guide the society since they set symbols of what is generally accepted. Every religious society fears that supporting homosexuality will lead to massive breakdown of values. Ethics are values that protect and hold together family and society. Different cultures also have different views regarding issue of gay marriage but generally societies are formed behind believe of heterosexual marriage and it is perceived to be the natural way of life (Majeed, 2004). Ethical consideration Ethics are considered to be cultural values that shape individuals way of life. All ethical views are relative to individual preference within the society.  

FINANCIAL MANAGEMENT IN SHIPPING Assignment Example | Topics and Well Written Essays - 1250 words

FINANCIAL MANAGEMENT IN SHIPPING - Assignment Example This report is a short study of some of the recent developments in international trade and finance and their impact on maritime transport, suggesting ways how shipping can weather the storm and manage itself financially to remain the most viable and popular mode of international transport. According to International Chamber of Shipping, the international shipping industry is responsible for the carriage of about 90 percent of world trade. Intercontinental trade, the bulk transport of raw materials and the import/export of affordable food and goods would simply not be possible without shipping. Notwithstanding the recent contraction in trade resulting from the present economic downturn, the world economy is expected to continue to grow and shipping will need to respond to the demand for its services. â€Å"Capesize Vessels† weigh from 175,000 tons to 400,000 tons and count as some of the largest craft in the World. They typically carry raw materials such as Iron ore, Steel, Coal and other raw commodities. Where you used to pay up to $230,000 per day to rent one, now you can have one for a measly $2800 per day. Lloyds even reported yesterday that one Capesize vessel was going for $1000 per day. These levels of payment are crippling the Shipping Industry and leading to cancelled orders with Shipyards where it is cheaper to let the shipbuilder keep the deposit. More and more older carriers are being scrapped as their value decreases. In October alone, more shipping tonnage was scrapped than in the previous 2 years. The inevitable result of this will be less tonnage available to transport raw materials. From an economic standpoint, supply will decrease thus theoretically lead to a commensurate increase in leasing prices, thus forcing the Baltic Dry Index up again. In the meantime though, there will be a large increase in job losses in the shipping

Factors that Led to Rapid Industrialisation of Japan Essay

Factors that Led to Rapid Industrialisation of Japan - Essay Example It is evidently clear from the discussion that reformation of the economic system involved introduction of a unified modern currency (yen), development and restructuring of the banking system, improved commercial laws and taxation system, stock exchanges, and improvement of the communications network. Creation of a new institutional framework that would suit the capitalist system was also among the primary task of the Meiji government. However, it was not until the early 1890s that this long process was completed, and by that time, the government had almost entirely ceased the practice of direct control over the process of industrialization due to increasing budget deficits due to a high cost of modernization. However, though most of these reforms have also been implemented by various European states their success – and success of the industrialization process – differed substantially. Evidently, these template reforms had to be undertaken in a favorable environment oth erwise the outcome would have hardly been successful. There were several major factors that contributed to the rapid and successful industrialization of Japan. Advanced technologies transferred to Japan from the industrialized Western states such as Britain and the United States played one of the major roles in stimulating early and rapid industrialization of the country. The essence of that transfer of technologies was the transplantation of factory-based production systems.  This approach was promoted by the Meiji government that played the key role in setting up the scene for Japan’s rapid industrialization. However, it was not until the early 1890s that this long process was completed, and by that time, the government had almost entirely ceased the practice of direct control over the process of industrialization due to increasing budget deficits due to a high cost of modernization. However, though most of these reforms have also been implemented by various European stat es their success - and success of the industrialization process - differed substantially. Evidently, these template reforms had to be undertaken in a favorable environment otherwise the outcome would have hardly been successful. There were several major factors that contributed to the rapid and successful industrialization of Japan. Advanced technologies transferred to Japan from the industrialized Western states such as Britain and the United States played one of the major roles in stimulating early and rapid industrialization of the country. The essence of that transfer of technologies was the transplantation of factory-based production systems. This approach was promoted by the Meiji government that played the key role in setting up the scene for Japan's rapid industrialization. Import of the workshop equipped with modern machinery was the central element of Meiji's policy aimed at 'catching up with and overtaking' industrialized western states. The list of industrial sectors tar geted by the Meiji government within the framework of its industrialisation policy was large and included not only defence-related (shipbuilding and others), but also a variety of civil industries that produced different goods and products for both the local and overseas market (silk-reeling, cement, glass, cotton spinning, etc).

The Aspect of Gay Marriage in the Society Term Paper

The Aspect of Gay Marriage in the Society - Term Paper Example Several thesis statements can be used to give the view of gay marriage in society. It can be based on people’s standards and perception of culture. One such thesis statement states that perception and existing idea about wrongness and rightness of individual’s actions depends on culture from which they come from and geographical region of their existence. Gay marriage Every society has cultural ethics that shape it up. These cultures are enforced as daily norms and way of life in which every member of the society respects and follows. Marriage in society is given much weight since it is regarded as a fundamental unit in family creation where society is advanced and continuity guaranteed (Majeed, 2004). Just like all marriages, gay marriage involves union of two partners. This case becomes different since it involves same-sex partners. They are allowed to have same set of legal rights as that which is held by heterosexual spouses. Several countries have legalized gay mar riage which has led to heated debates and conflicts between religious groups and gay parties involved. Acceptance and reinforcement of legal rights of the gay existence in society has become a dangerous threat to domination of traditional Christian norms regarding sexuality and sex. Several ethics rule and guide the society since they set symbols of what is generally accepted. Every religious society fears that supporting homosexuality will lead to massive breakdown of values. Ethics are values that protect and hold together family and society. Different cultures also have different views regarding issue of gay marriage but generally societies are formed behind believe of heterosexual marriage and it is perceived to be the natural way of life (Majeed, 2004). Ethical consideration Ethics are considered to be cultural values that shape individuals way of life. All ethical views are relative to individual preference within the society.  

Factors that Led to Rapid Industrialisation of Japan Essay

Factors that Led to Rapid Industrialisation of Japan - Essay Example It is evidently clear from the discussion that reformation of the economic system involved introduction of a unified modern currency (yen), development and restructuring of the banking system, improved commercial laws and taxation system, stock exchanges, and improvement of the communications network. Creation of a new institutional framework that would suit the capitalist system was also among the primary task of the Meiji government. However, it was not until the early 1890s that this long process was completed, and by that time, the government had almost entirely ceased the practice of direct control over the process of industrialization due to increasing budget deficits due to a high cost of modernization. However, though most of these reforms have also been implemented by various European states their success – and success of the industrialization process – differed substantially. Evidently, these template reforms had to be undertaken in a favorable environment oth erwise the outcome would have hardly been successful. There were several major factors that contributed to the rapid and successful industrialization of Japan. Advanced technologies transferred to Japan from the industrialized Western states such as Britain and the United States played one of the major roles in stimulating early and rapid industrialization of the country. The essence of that transfer of technologies was the transplantation of factory-based production systems.  This approach was promoted by the Meiji government that played the key role in setting up the scene for Japan’s rapid industrialization. However, it was not until the early 1890s that this long process was completed, and by that time, the government had almost entirely ceased the practice of direct control over the process of industrialization due to increasing budget deficits due to a high cost of modernization. However, though most of these reforms have also been implemented by various European stat es their success - and success of the industrialization process - differed substantially. Evidently, these template reforms had to be undertaken in a favorable environment otherwise the outcome would have hardly been successful. There were several major factors that contributed to the rapid and successful industrialization of Japan. Advanced technologies transferred to Japan from the industrialized Western states such as Britain and the United States played one of the major roles in stimulating early and rapid industrialization of the country. The essence of that transfer of technologies was the transplantation of factory-based production systems. This approach was promoted by the Meiji government that played the key role in setting up the scene for Japan's rapid industrialization. Import of the workshop equipped with modern machinery was the central element of Meiji's policy aimed at 'catching up with and overtaking' industrialized western states. The list of industrial sectors tar geted by the Meiji government within the framework of its industrialisation policy was large and included not only defence-related (shipbuilding and others), but also a variety of civil industries that produced different goods and products for both the local and overseas market (silk-reeling, cement, glass, cotton spinning, etc).

College vs. High School Essay Example for Free

College vs. High School Essay Many students, especially those who do not have a family member who has been to college, think college is pretty much like high school, only bigger. But there are some very big differences. Many students who did not do well in high school blossom in college. Much of how college will differ depends on you. To be prepared, it helps you to know what differences lay ahead. Though academic requirements and student life vary depending on the college you attend, there are basic differences that apply in almost every case. One key step to a successful transition from high school to college is to anticipate and be prepared for the differences between the two settings. This is especially true for students with disabilities. In addition to dealing with the same transition issues that all students face, they also have the added challenge of changes in how support services are requested and arranged. In college, students must play a more active role and assume more responsibility. Because you will probably be over 18 years old in college, you will be treated like an adult. This is because you will be an adult. As an adult, you will have to make sure you do what you’re supposed to do, you will be responsible for the way you live, and you will have to meet greater expectations from others. Generally, there are fewer rules and regulations imposed by others in college. You will be expected to make and stick to your own schedule, as well as keep up on all your work. Professors expect you to be in class to learn. And whether or not you learn is your responsibility. Many students, after a brief period of adjustment, will settle into a balanced lifestyle of work and play. Those who don’t usually do not make it through their first year. In college, you will take on more responsibility for your decision, actions, and lifestyle. This is part of being on your own. Professors and administrators will probably not give you a hard time about your clothes, your hair, or your general behavior. But do be prepared to be held accountable for your behavior. There is no one to blame for not waking up on time, not eating properly, or not washing your clothes. People will expect more of you and expect you to develop in your own unique way in college. In high school, you are often expected to behave or perform to a minimum standard. Some people will expect you to go beyond minimal performance in college, so you can grow and develop as a person. You will also begin to realize what a great effect you can have – both positive and negative – on yourself, on others, and on the world around you. This can be both exciting and frightening. In college, you will be free to explore numerous paths and interests that were simply not open to you in high school. There are more foreign languages, arts, and sciences offered in college. Subjects like philosophy and religion are also taught at college but probably not in high school. Some subjects are taught differently in college. In high school, for instance, history may have been mainly names, dates, and places. You had to memorize facts and figures. In college, those facts are not nearly as important as why certain events and actions happened. In college English, less time may be spent on grammar and spelling (it is assumed you have mastered these) and more on writing creatively and criticizing literature. Many classes will be organized differently from the traditional high school lecture class. Some will be big lecture classes followed by small discussion groups. Some professors will have you read books, write papers, and discuss both in class. You may even have the chance to read independently with a professor or design your own research projects. Grading will be different, too. In some classes, you will have nothing but essay tests. In other, your entire grade will be determined by a single large paper or project. You may even have classes in which a group project is the primary grade. High school is a place you go to seven or eight hours a day, less than half the days of the year. Many colleges are set up to be your home – you will eat and sleep there, spend time off there, make new friends there, even do your laundry there. Therefore, chances are good that college will have an even greater effect on you than high school did. In fact, it will be a time in your life like no other.

North Norfolk Coast Protection

North Norfolk Coast Protection Aim: My aim of this project is to answer the following question: Should the North Norfolk Coast be protected at any cost? Or should nature be allowed to take its course? Norfolk is a low lying county which is very prone to erosion. The coastline is around 100 miles stretching from Hopton on Sea to Wash. The North Norfolk coastline stretches over 40 miles, covering 450 square kilometres. To aid this project, from the 13th 15th May 2009, I visited North Norfolk, to collect data and explore the coast. At the centre, I was given worksheets to fill in and I worked in a group and as an individual to collect this data. Areas in Norfolk that I visited include: Cley Next the Sea, Sheringham, Cromer, West Runton and Overstrand. Norfolk: The name comes from the Anglo-Saxon for North folk; hence Suffolk (which is South of Norfolk) derives from the Anglo-Saxon for South folk. Norfolk is situated in East England. To its West are the borders of Lincolnshire and Cambridgeshire (also to the Southwest). Norfolk is split up into 7 boroughs, with Norwich as the biggest (population wise). Norwich was once the second largest city in England in the 16th Century, however the Great Plague of London in 1665 killed around a third of the population. The total population of Norfolk is around 850,000 people. According to 2007 estimation, the population for North Norfolk is 100,800 people. Norfolk is the largest county in East Anglia but it is the least populated too. Norfolk is also a county without a motorway it relies on the A roads which connect to places such as Cambridge and the railway. The closest airport is Norwich International Airport his offers flights to Amsterdam and from there many interchange for other World destinations. Norfolks main highlights for tourists are its coastline, beaches and the historical city of Norwich. North Norfolk District was formed on April 1st 1974 and was originally named Pastonacres. North Norfolk covers 994 square kilometres and has a population of 98,382 along with 43,502 households according to the 2001 census. Over 20% of the people living in Norfolk work in the food industry or agriculture this is due to the land (which is low lying) being fertile and changed into arable land. The arable land often grows wheat, barely and sugar beet. Norfolks GDP made up 1.5% of Englands economy in 1998. The UK average and Norfolk has an apparent contrast. Most of Norfolks population is over the age of 50 whilst the UK average population consists of more people between the ages of 25 40. North Norfolk also contains lot of areas which are SSSI (Site of Special Scientific Interest) including Cleys Freshwater Marsh (owned by the NWT (Norfolk Wildlife Trust)) and the geology in West Runton. There is some information about the areas where I visited with my school on the trip to North Norfolk. Role in this project: Ive decided to take on the role as the North Norfolk District Council (NNDC) and I will be assessing the current coastal management in North Norfolk and exploring the issues that will arise. The NNDC pays 45% for the coastal defences whilst DEFRA (Department for Environment, Food and Rural Affairs) pays the rest (55%) although DEFRA can pay up to 75%. The NNDC maintains the coastal defences whilst the Environment Agency has the Strategic Overview of the entire coast and is responsible for the floods and both should not be mixed into being responsible for the other as they are easily mixed up. The Council prepares the Coastal Management Plans (CMPs) to assess the impacts on the damages due to coastal change and the Shoreline Management Plans (SMPs) which address the basics of coastal defence. Key Questions: With the viewpoint of being the North Norfolk Council, Ive decided on the following questions: Why is the North Norfolk Coast so vulnerable to erosion? Which areas in North Norfolk are at the greatest risk of coastal erosion? Why? What are the effects of the coastal defences in North Norfolk? Is the current expenditure worthwhile in North Norfolk and what are the other options? The above questions have been devised as my role assesses the current coastal management in North Norfolk. By devising these key questions and answering them, I hope use it to aid my conclusion to the aim of this project.

As I Lay Dying: Styles Used By William Faulkner :: essays research papers

As I Lay Dying: Styles Used By William Faulkner -Darl's Section (p.128) Most authors have certain styles that result in bringing across certain ideas. In As I Lay Dying, William Faulkner uses a subtle and discreet narrative manner to bring forth important pieces of information that adds to the story, and important themes. In one of the chapters narrated by Darl, this is shown very well In this chapter Darl uses a flashback to let us get a more in-depth look at the Bundren family; to let us see why it is so "dysfunctional." In this chapter we learn more about the relationships within the family, and more about Addie, about whom we previously have not learned much. We see how keen Darl's sense of intuition is, and we learn an important family secret. Darl is often used as an objective speaker, although he is indeed involved with the situation he is speaking about. In this chapter he recalls Jewel's purchase of his horse. This is a strong clue that Jewel is not Anse's son, since Anse is extremely lazy and would never work as hard as Jewel did for a horse. We also see the tension between Anse and Jewel. We see the lack of respect Jewel has for Anse. It is rather ironic when Anse says "He's just lazy, trying me" (p. 129) Since Jewel has been working really hard, and it is Anse who is lazy. Furthering on Jewel and Anse's relationship, I feel that it is fairly evident that Jewel knows that Anse is not his father. This is illustrated in the following section on page 136: "Jewel looked at Pa, his eyes paler than ever. 'He won't never eat a mouthful of yours' he said. 'Not a mouthful. I'll kill him first. Don't you never think it. Don't you never.' "The antagonism Jewel holds toward Anse is enormous, and this scene intensifies it showing that Jewel knows the truth or at least has a fair idea. We also see that Darl knows, and how he knows. At the end of the chapter, he sees his mother crying over Jewel when he is sleeping. He could see her anguish and almost feel it. His empathy and intuition led him to discovering the truth, and he also confirms his knowledge of Dewey Dell's pregnancy. We see the strength of his intuition and how it affects the rest of the family. The fact that Darl knows probably heightens the rivalry between the two brothers. In this chapter we see the way the family was before Addie's death and

The History of Mesopotamia and Ancient Egypt Essay -- Egyptian Kingdom

The History of Mesopotamia and Ancient Egypt Mesopotamia and Ancient Egypt are both cradles of civilization. Both contributed greatly to human development through their achievements, failures, peoples, scientific accomplishments, philosophies, religions, and contributions. Mesopotamia is a rich flat plain created by deposits from the Tigris and Euphrates rivers. At the southern end of this plain developed the first recognizable civilization, in the area known as Sumer. In 3000 B.C. Sumer contained a dozen or more city-states, each ruled by its own king and worshiped its own patron deity. The citizens of these city-states were classified into three classes: nobles and priests, commoners, and slaves. In the center of a Sumerian city usually stood a tower culminating in a temple for the patron god of the city. The Sumerians believed that this patron god owned the whole city. The Geography of this city helped a lot with the trade, and led to mathematics as well. The Sumerians developed a precise system of mathematical notation called the sexagesimal, in which the number sixty is the main element. We even use this system in our world today! The Sumerian’ chief contribution to later civilizations was writing, even though their script was pictogra phic. Through these pictographic scripts historians found a long narrative known as the Epic of Gilgamesh. Gilgamesh is a great hero and ruler who sets out to recover cedar from northern lands. He travels with his companion Enkidu, who is killed by the storm god, Enlil. Mourning the loss of his companion and confronted by death himself, Gilgamesh travels the world in search of eternal life. He ends up finding the plant of eternal youth, but a serpent swallows it while he is bathing. The epic ends with his death and funeral. The Sumerians believed that the gods created people to be their slaves. The first Great Warlord came from the region of Akkad, an area north of Babylon. His name was Sargon, and he conquered all of Mesopotamia. Sargon was from a group of people called the Semites. The only difference between the Semites and the Sumerians were linguistics. Semites spoke many different languages like Akkadian, Hebrew, and Canaanite. The Sumerian people adapted the Akkadian language. Sargon and his successors ruled from Akkad until 2230 B.C, when internal disagreement ended the Akkadian... ... King Tutankhamen moved the capital back to Thebes and favored the older god Amen-Re. In the 19th Dynasty arose the greatest pharaoh, Ramses II. Ramses achieved a period of temporary peace. In this period he spent time and money on luxurious building projects. A major achievement in Egyptian society was the role of women. Women were allowed to own land and pass it down to their daughters. Women also helped with agriculture and went shopping. Women were legally equal to men but in their own class. They even started having occupations. Some were singers, dancers, priests, and professional mourners. Women were even buried next to their husbands in an elegant tomb. As you can see there are many differences and similarities between the Sumerians and Ancient Egyptians. Both were one of the first civilizations and contributed into the development of how our world works today. From politics to family life our culture today has come from a very long line of ancient civilizations and reforms. Work Cited Chambers, Mortimer, The Western Experience. McGraw-Hill College, 1999 pg. 6-20 David, A. Rosalie, The Egyptian Kingdoms. New York: Peter Bedrick Books, 1975.

Let Gays Marry

Let Gays Marry Andrew Sullivan â€Å"A state cannot deem a class of persons a stranger to its laws,† declared the Supreme Court last week. It was a monumental statement. Gay men and lesbians, the conservative court said, are no longer strangers in America. They are citizens, entitled, like everyone else, to equal protection—no special rights, but simple equality. For the first time in Supreme Court history, gay men and women were seen not as some powerful lobby trying to subvert America, but as the people we truly are—the sons and daughters of countless mothers and fathers, with all the weaknesses and strengths and hopes of everybody else. And what we seek is not some special place in America but merely to be a full and equal part of America, to give back to our society without being forced to lie or hide or live as second-class citizens. That is why marriage is so central to our hopes. People ask us why we want the right to marry, but the answer is obvious. It's the same reason anyone wants the right to marry. At some point in our lives, some of us are lucky enough to meet the person we truly love. And we want to commit to that person in front of our family and country for the rest of our lives. It's the most simple, the most natural, the most human instinct in the world. How could anyone seek to oppose that? Yes, at first blush, it seems like a radical proposal, but, when you think about it some more, it's actually the opposite. Throughout American history, to be sure, marriage has been between a man and a woman, and in many ways our society is built upon that institution. But none of that need change in the slightest. After all, no one is seeking to take away anybody's right to marry, and no one is seeking to force any church to change any doctrine in any way. Particular religious arguments against same-sex marriage are rightly debated within the churches and faiths themselves. That is not the issue here: there is a separation between church and state in this country. We are only asking that when the government gives out civil marriage licenses, those of us who are gay should be treated like anybody else. Of course, some argue that marriage is by definition between a man and a woman. But for centuries, marriage was by definition a contract in which the wife was her husband's legal property. And we changed that. For centuries, marriage was by definition between two people of the same race. And we changed that. We changed these things because we recognized that human dignity is the same whether you are a man or a woman, black or white. And no one has any more of a choice to be gay than to be black or white or male or female. Some say that marriage is only about raising children, but we let childless heterosexual couples be married (Bob and Elizabeth Dole, Pat and Shelley Buchanan, for instance). Why should gay couples be treated differently? Others fear that there is no logical difference between allowing same-sex marriage and sanctioning polygamy and other horrors. But the issue of whether to sanction multiple spouses (gay or straight) is completely separate from whether, in the existing institution between two unrelated adults, the government should discriminate between its citizens. This is, in fact, if only Bill Bennett could see it, a deeply conservative cause. It seeks to change no one else's rights or marriages in any way. It seeks merely to promote monogamy, fidelity and the disciplines of family life among people who have long been cast to the margins of society. And what could be a more conservative project than that? Why indeed would any conservative seek to oppose those very family values for gay people that he or she   supports for everybody else? Except, of course, to make gay men and lesbians strangers in their own country, to forbid them ever to come home. Andrew Sullivan, â€Å"Three's a Crowd,† The New Republic (June 17, 1996). Reprinted by permission of The New Republic, (c) 1996, The New Republic, Inc. William Bennett, â€Å"Leave Marriage Alone. † From Newsweek 3 June 1996. (c) 1996,   Newsweek, Inc. All rights reserved. Reprinted by permission. Andrew Sullivan, â€Å"Let Gays Marry. † From Newsweek 3 June 1996. (c) 1996, Newsweek, Inc. All rights reserved.

Organizational Structure of a Hospital You Know Essay

INTRODUCTION: For this assignment I’m choosing, Fortis Hospital at Noida, India and Krishna Nursing home at Chitradurga, Karnataka India. Fortis hospital at Noida, India is a part of Fortis healthcare group and mainly focuses on orthopaedics and neurosciences. It’s a medium sized hospital with 300 bedded facilities and about 250 full time staff. Its organisational structure has low vertical and high horizontal distribution. THE HORIZONTAL DISTRIBUTION is as follows, 1) 37 medical departments which covers different specialities.2) Other departments such as HR, marketing, finance, engineering and nursing.3) Social specialisation, example doctors.4) Functional specialisation, example technicians and nurses. VERTICAL STRUCTURE is as follows, 1) Zonal director at the top. 2) 43 departmental heads who work under Zonal director. 3) There is team under each department which report to departmental heads. Organizational structure of fortis hospital ZONAL DIRECTOR United HR medica l director Head eng marketing & sales Finance head Nursing matron Team Hr Doctors Eng team Marketing team Finance team Nursing team Centralisation: Head of department control all departments and they report to the Zonal director. Each individual in the organisation has limited autonomy and financially it is highly centralised and functionally it is moderately decentralised and it has high level of standardisation of administrative task and the recruitment process is very much formalised, whereas doctors have low level of formalisation and everyone follow standard operating procedure. Hence in summary, Fortis hospital is multi-speciality hospital of medium size and its structure has high horizontal complexity but low vertical complexity and it is moderately formalised and there is not much direct impact on centralisation and has moderately flexible structure and decision making is highly formalised and moderately decentralised at operational level.(http://www.hindubusinessline.com; www.fortishealthcare.com; www.hoovers.com) In contrast to the above mentioned complex structure second mentioned hospital is Krishna Nursing Home which is a small 50 bedded multispecialty hospital with a simple structure with the director at the top who is in charge of everything and there are heads of recruitment, finance and medical director who report to the director. It is mainly a vertical structure with director who has full decision making power, hence the structure has minimum decentralisation. The other staff has no autonomy.This hospital works basically on loyalty and trust and personal relationship and caters to a small population in the village Chitradurga, India. This structure is compatible with small hospitals like this. But disadvantage is that it is highly dependent on the director and is individual centric (www.healthcaremagic.com) If we compare the 2 structure in relation to, 1) Central Peripheral relations: Fortis is much bigger hospital and has separate division for each department and there is decentralisation and semi-autonomy for each department and the purchaser and provider divisions are separate. Whereas Krishna Nursing Home has no decentralisation and no autonomy for the departments and all decisions are taken by the director. 2) Links with other organisational groups: Fortis has links and tie-ups with many other smaller hospitals which refer cases to them and also has link ups with various insurance companies. Whereas Krishna Nursing Home has no tie-ups with any other hospitals and works alone and caters to a small population. 3) Internal structure: Hierarchy, as mentioned above Fortis hospital has minimal vertical but complex horizontal distribution of power so it has a flatter organisational shape which helps in effective communication and decision making and has widened collaborative links between various departments and divisions resulting in internal linking and average spans of control whereas Krishna Nursing Home has vertical structure and is fully hierarchical based and there is no internal linking between departments (Merson et.,al, 2006). CONCLUSION: Both these hospitals has completely different organisational structure but both are successful because the targeted population for both are different. While, Fortis targets higher and wider range of population and focuses on specialised services, hence has complex organisational structure. Whereas Krishna Nursing Home caters to a small population and  provides basic services and hence has a simple vertical hierarchical structure. REFERENCES: ‘Fortis Healthcare signs pact with US hospital’ online. Available at: http://www.thehindubusinessline.com/businessline/2000/10/18/stories/021851e 3.htm. (Accessed on 7 January 2013) Krishna Nursing Home (online). Available at: www.healthcaremagic.com (Accessed on 8 January 2013). Merson et.,al (2006) ‘International Public Health’, 2nd Edition, Jones and Bartlett publishers, pp;558-593. (online) Available at: www. Fortishealthcare.com.(Accessed on: 7 January 2013). (online) Available at: www.hoovers.com (Accessed on: 7 January 2013).

Global Education Workshop Essay Example | Topics and Well Written Essays - 750 words

Global Education Workshop - Essay Example Audience of the Project: The main audience of this project would be the educators, the school leaders and the community members who need to be educated about the importance of global education in the area. And the secondary audience of the global education workshop would be the school children who would be given the briefing about the importance of global education in their school environment to become a responsible global citizen. Global Education Model for Workshop: The model for global education workshop would be based on developing the understanding of values, attitudes, skills and knowledge within the group of educators, teachers, school leaders and the community members on how they can be a responsible citizens and how they can develop their own understanding about the developmental, political, humanitarian and societal issues in addressing the problems of their communities. The workshop would long for 9 hours for just a day. The workshop should work on the following guidelines : 1- Clarification of the goals and objectives such as what kind of message is centered for the audience at the end of the workshop? What are the major goals behind conducting the workshop? The strategy and the action plan according to which it is being organized. 2- Involvement of the primary audience and the partnering organization. It is important to target audience from different communities and cultural backgrounds and each one should be assigned with a specific task according to their role. It is equally important to understand that how each one of them fulfills the assigned role and responsibility. 3- Action Plan includes that how the organizers can develop relationship between the content and the audience to increase their involvement according to their... The model for global education workshop would be based on developing the understanding of values, attitudes, skills and knowledge within the group of educators, teachers, school leaders and the community members on how they can be a responsible citizens and how they can develop their own understanding about the developmental, political, humanitarian and societal issues in addressing the problems of their communities. The workshop would long for 9 hours for just a day. The workshop should work on the following guidelines:The model for global education workshop would be based on developing the understanding of values, attitudes, skills and knowledge within the group of educators, teachers, school leaders and the community members on how they can be a responsible citizens and how they can develop their own understanding about the developmental, political, humanitarian and societal issues in addressing the problems of their communities. The workshop would long for 9 hours for just a day. The workshop should work on the following guidelines:1- Clarification of the goals and objectives such as what kind of message is centered for the audience at the end of the workshop? What are the major goals behind conducting the workshop? The strategy and the action plan according to which it is being organized.2- Involvement of the primary audience and the partnering organization. It is important to target audience from different communities and cultural backgrounds and each one should be assigned with a specific task according to their role. It is equally important to understand that how each one of them fulfills the assigned role and responsibility.3- Action Plan includes that how the organizers can develop the relationship between the content and the audience to increase their involvement according to their environment and location.4- Timing, budget, and human resources also play an important role in structuring the model for global education workshop.5- Develop an activity o utcome chart for each action taught to the participants.  

Describing the importance of my film selection to the film genre Essay

Describing the importance of my film selection to the film genre - Essay Example It also delineated an invisible connection on the human condition in its terrestrial as well as extra terrestrial modes. It began in the Pleistocene era when man was nothing more than a primitive ape, at the dawn of civilization and continues thru the present day man and deep into the realms of the future. â€Å"It contained more spectacular imagery and special effects than dialogue,† according to the film critic Dirk Dirks. By being non-verbal and subjective, it enters straight into one’s subconscious and stays there for good. On another level it also shows how man is made inconsequential but not impotent by the space-time continuum. It also shows how restricted and cooped up we are by the limitations of the contemporary modes of space travel with its emphasis on space ships which are in a spatial way of speaking as slow as snails. To explore and reach the extremities of the universe we must search out new ways like levitation and arrive at the impossible areas of ‘instant departure-arrivals’, casting away the outdated space ships like so much waste matter on the barren tundra of intergalactic

UPA Essay Example | Topics and Well Written Essays - 750 words

UPA - Essay Example As the essay declares a theoretical framework guides research and clarifies what exactly is the purpose of the research. Even though the research question tends to be misleading as the article progresses the purpose of research becomes clear. This research was based on a preconceived notion that the triage is higher when UAPs handle the emergency department. This can produce unbiased results. This also implies that the theoretical framework on the nursing theory constantly guided the author in her research. Not knowing what the real framework can be a problem. The author has used a developmental framework. This paper stresses that while the introduction of the subject tends to be slightly confusing in the beginning the problem has been properly highlighted in the text later. The flow of the subject is efficiently handled. Current and proper references used and cited wherever necessary. The author is not trying to prove that her preconceived notions were correct. The actual results are quoted which revealed that contrary to belief the triage time taken by licensed nurses or by the UAPs did not differ. It convinces the reader to remove this myth from the mind that triage is faster when nurses handle it. Issues have been well argued and presented. References have been cited from various books on this subject. The author still suggests another ‘study to compare the educational level of the triage nurse†¦Ã¢â‚¬â„¢ implying that this has not been covered so far. At times the author tends to contradict her own statements.

Human Memory Essay Example | Topics and Well Written Essays - 1000 words

Human Memory - Essay Example e details of a story that had occurred a long time ago, the flow of complicated phrases of long songs, and many other such features, is because of memory. This occurs as a process of information retention in which one’s experiences are archived, and these can be recovered when recalled. Memory and learning are mutually and closely interrelated. Learning is the acquisition of new knowledge and skills, and memory is the retention of this knowledge. Ability to consider the past, think in the present, and predict the future, as well as the use of language are all based on learning and human memory. Memory is also understood as a comprehensive term ranging from memories of childhood and autobiographical memory, to the stream of facts recalled as a result of a trigger. It includes the memory for faces, both familiar and those that require concentration to recognise. â€Å"The memories for taste and smell, sounds and shapes as well as the feel of things are directly related to the senses†, and can trigger off a flood of nostalgia (Samuel, 1999: 49). 1) Information flows through the brain: Sensory iinformation is stored in the sensory store in the cortex. Then some of the information is quickly transferred before it is lost, into the short-term store, and then the rehearsal buffer, and finally into long-term memory storage in the sensory cortex, state Loftus and Loftus (1976). The Papez circuit travels from the hippocampus, around the limbic system and cortex, back to the hippocampus. The strengthened memory paths become a part of long-term memory (Squire, 1991). 2) How neuron networks store and retrieve memories: Neuron networks such as the Papez circuit entrenches temporary connections between visual, hearing and limbic neurons to form a new lasting memory. A network in the cortex that contains a particular sensation forms a path defined by its synapses. This is the firing path for nerve impulses that stores and invokes the particular sensation to evoke a related

Business Project Management Essay Example | Topics and Well Written Essays - 3000 words - 2

Business Project Management - Essay Example The multibillion-dollar contract for sealing the border is called Secure Border Initiative Net (SBInet). In a nutshell this project will be centered on the Nogales, Texas to monitor and control about 6000 miles stretch of the border with Canada and Mexico. Boeing Company will be awarded this contract. It has a history in military contracts and weapon systems. Boeings Integrated Defense Systems Unit will be the main dealing unit. The reason for choosing Boeing is their experience in listening devices, motion sensors, cameras, monitoring tower and overall security system. The major constraint is the sheer stretch of the border. It is a common idea that the interdependent time related activities must be performed and completed within the given time limits (Gutjahr, Strauss & Wagner, 2000). It is not a small project in terms of cost, time and manpower required to properly seal and monitor the border. The biggest constraint is to get the approval of the Senate and the public to fund a multibillion dollar project. Narrative building is mandatory. The government needs to convince and win the sympathies of the people and the politicians to get the taxpayers’ money to fund such a project. The alternative analysis reveals that the situation on the border can be improved through indirect means. The Mexican border is notorious for providing sneaky passage for illegal immigrants. If the economic and security situation in Mexico improves, people would not be risking their lives to cross into the United States. But from the perspective of the U.S. this is almost impossible to achieve. The United States does not dictate the Mexican Government. The U.S. can only suggest improvements. The only option is to secure the border. Either the U.S. can build up fences and seal it shut or it can deploy so much manpower that they stop any illegal immigrant or drug smuggler that tries to sneak into the US soil. They

Essential Elements of a Binding Contract Research Paper

Essential Elements of a Binding Contract - Research Paper Example The lack of experience in dealing in drafting legally binding contracts by businesses and individuals has promoted the occurrence of illegal acts in the administration and formation of contracts. In order to ensure that non-enforceable contracts do not occur in the future, both parties entering into a contract are required to take into consideration all the relevant requirements of a legal and valid contract. Definition of a Legal Contract According to Miller and Hollowell (2008), a contract is a legally binding agreement between two or more persons. The two parties agree on acts that will be refrained from or performed in fulfillment of a promise. Disputes from the contracts arise when one party refuses to fulfill their part of the promise made to another contracting party. The objectives of the contract theory are to show how a contract is formulated and enforced. The theory aims at describing and showing the intention of the parties to enter into a contract. The intention of the parties to enter into a valid contract is determined by an external party normally by the court of law. The courts rely on the words that a party said when he/she was entering into the contract, the actions of the party before he/she entered or what the appearance of the party looked like before entering into a contract. The law recognizes that the party entering into a contract that is valid must be based on free will. However, the law is responsible in regulating the freedom that an individual can enjoy from a contract. The law does not allow individuals to abuse the freedom to contract (Emerson, 2009). Parties in a Legal Contract The main parties to the contract include the offeror, offeree, and the government. The offeror is the party that agrees to deliver services or goods or services. The offeror is the party that agrees to accept the goods at the agreed consideration and the government acts as an agent to ensure that a contract is enforced. The main obligations of an offeror in a contract include specifications of the terms of the contract. The specifications should be enough and clear to enable the offeree to understand and accept the offer. For example, an offeror selling a house must specify the boundaries of the land holding the house and the price of the house. The offeror must specify the duration of the contract and the day that the contract will expire. The offeror reserves the right to revoke his offer in a valid or change the terms specified in a contract (Miller & Jentz, 2010). The obligations of the offeree are to accept the offer based on the requirements laid do wn by the offeror. Legally the offeree has a responsibility of paying the offeror the consideration they agreed upon. If any of the parties does not bind by the rules of the contract, there exists a breach of contract. The Role of a Third Party In a Legal Contract Collins (2003) states that, the role of the third party in a contract is to give a constructive notice or provide some kind of influence in the performance of a contract. However, the role played by a third party in the performance of a contract is limited. The third parties may be used to solve a dispute arising from a contract or a friend who passes important information to both the offeror and the offeree. The third party can also be a beneficiary who has the right to enforce a contract.

Effects of UK Insurance Industry to the Economy Essay Example for Free

Effects of UK Insurance Industry to the Economy Essay The UK insurance industry is the fourth largest in the world. It comes after USA, Japan and Germany and is definitely a major contributor to the economy. The number of people employed in the insurance industry of UK is increasing day by day. The Insurance industry contributes to the economy by providing businesses and individuals risk management. There are many services this industry provides. It ranges from automobile insurance to life and health insurance. Pension and savings are yet other forms of insurance available. Almost 332,000 people are employed in this industry (Association of British Insurers, 3, 2007). Insurance is another name for risk management. Insurance helps individuals and businesses to avoid financial or other loss. We can say it acts as a hedge against unavoidable or avoidable losses. This risk of loss is then transferred to some other entity, usually the insurance company. In exchange the business or individual seeking risk management gets a premium. The company that provides this risk management or insurance is the Insurer (Mehr et la, 13-45, n. d. ). Almost one third of people working in the entire financial market of UK are employed in the insurance industry. This number is twice the number of people in the car manufacturing companies and almost thrice the number employed in the utility industry. The UK insurance industry is one of the biggest in Europe. This industry gave a record of ? 174bn premium income in the 1990s. Though in the early years of 1990s, due to economic recession the insurance industry was not doing that good, but in the second half this industry started to grow and has been giving large numbers of premium profits since then (IFSL, n. p, 2001). In 17th century trading was in its primitive stages. Industrialization was a new phenomenon. Insurance was one element that fostered the growth of these and hence helped the economy prosper. Due to insurance, businesses were able to take risks and expand themselves. In 1688, GDP of England was approximately ? 6 billion (Lindert Willamson, n. p. 1982). After 1688 to 1759, there was not much growth in the national income. Till 1800 the growth was only 1% per year. At this rate our national income should be about ? 66 billion. However, this is not the case. Today our GDP is more or less ? 1000 billion. The main help in growth of economy came from insurance. Without insurance industry, our nation would have been living in a less prosperous way. Though all of this development is not due to insurance alone but it was the driving force that pushed the economy towards this prosperity. Today, insurance has a very vital role. According to an economist: â€Å"The non-existence of markets for the bearing of some risks in the first instance reduces welfare for those who wish to transfer those risks to others for a certain price, as well as for those who would find it profitable to take on the risk at such prices. But it also reduces the desire to render or consume services which have risk consequences† (Arrow, 945 946, 1963). Insurance is important because it has the ability to transfer risk. This control of risk helps businesses to keep moving forward. Insurance might not be important to people who are indifferent to risks. Such societies might have other forms of risk transfer protocols i. e. family. Hence we can say that in order to find out how much an economy will benefit from insurance, depends upon the culture of that place. In 1990, a study was done by Outreville. He took almost 45 developing countries and found out the relationship between insurance and national income. According to him there is a non-linear relationship between insurance premium and GDP. He also specified that the relation ship might not be that clear but it certainly is a positive one. In the light of his research we can conclude that if the insurance industry generates more premiums then the country might have more income (Outreville, n. p, 1990). Another study was done in 2000 by Ward and Zurbruegg. According to them insurance definitely helps in prosperity of the economy (Ward Zurbruegg, 489-507, 2000). It is also believed that if government tries to take position of the insurance industry it can lead to increase in levels of risks. In 2003, Priest did a research and found out that if the government has a safety net this can also lead to more risks. This safety net is actually savings and loans deposits which are there for the disabled. However, more savings might lead to more claims (Priest, 71-80, 2003). There have been quite some changes in the UK’s insurance industry in the past decade. Many major companies have undergone big changes. Commercial Union and General Accident are now called GCNU. They have merged to form a new bigger company. UK’s London market is also different in its own sense. It contains almost twenty large international insurance and reinsurance companies. It is the centre of world’s insurances. Businesses from all over the world get insured here. Two of its largest insurers, Lloyd’s and the International Underwriting Association of London (IUA), also provide various services (Joe, n. p, 1998).