Wednesday, October 30, 2019

Child Development 2 Essay Example | Topics and Well Written Essays - 250 words

Child Development 2 - Essay Example There are four significant developmental stages that correspond to the ages of 18 months, 7 years, 11 years and above 11 years. The ages correspond to the sensi-motor, pre-operational, concrete operational and formal operational stages of acquiring knowledge and skills (Atherton, 2011). Thus, certain tasks are not achievable until children reach a certain developmental stage regardless of how intelligent a child appears to be. Of all Piaget’s ideas, assimilation and accommodation are considered most significant (Atherton, 2011). These two processes are complementary and describe how anything in the external world is internalized by an individual. In assimilation, anything that is perceived in the environment is made to fit into stereotypes or preconceived notions. Accommodation is the process of accommodating the mind to what has been assimilated. Piaget’s theory was significant because it gave general ideas of cognitive development and points to the relationship of env ironment and the child. Piaget was the first to point out the importance of transformation in cognition (Gelman, 1979). The major criticism is that the theory is very rigid. The capacity of children for logical thinking of abstract events can be achieved earlier than age 11, and some people take longer to achieve the formal operational stage.

Monday, October 28, 2019

Virtues and Vices Essay Example for Free

Virtues and Vices Essay Would you sacrifice your identity just to fit into a certain crowd? Higher social class increases unethical behavior. Social class confuses Pip into believing his vices are really his virtues. In a study by Paul K. Piff, Daniel M. Stancato, Stephane Cote, Rodolfo Mendoza-Denton, and Dacher Keltner, they found that people of higher social class were more likely to cheat, steal, and break the law. Why does Pip feel the need to be a gentleman, or in a higher social class? Pip grew up in a low social class in England around the Mid-nineteenth century. Joe, Pip’s father figure and brother in law, taught him the importance of kindness and generosity. You can recognize this in Pip’s fundamental inclination to help. Pip gets invited to Miss Havisham’s home; also know as the Satis House. Miss Havisham, Estella’s adoptive mother, plays Pip in one of her sick, twisted games by harassing Pip into seeing how beautiful Estella is. The only reason Estella does what Miss Havisham wants of her is because she is bribing her with family money and gems. Miss Havisham manipulated Pip by making him fall in love with Estella just so Estella can, metaphorically, rip his heart out. Miss Havisham was left on her wedding day by her fiance; therefore she has made it her life’s mission to destroy any man in her she can get away with. Because of Miss Havisham’s influence, Estella gives Pip the impression that she will only like him if he would be a gentleman. To become a gentleman Pip mixed vices and virtues by believing that education, dress, and manners was the most important thing over love, appreciation and hope. No matter what Joe taught Pip, the new beginning that could behold him captivated him. Joe was not enough to hold Pip’s virtues, but if Pip had more people who cared for him when he was younger, he would have never succumbed to Estella. A virtue is a positive trait of quality deemed to be morally good and thus is valued as a foundation of principle and good moral being. A vice is opposite of a virtue, it is a practiced behavior or habit generally considered immoral, sinful, depraved, or degrading in the associated society. Pip practices both in this novel, however somewhere in the middle of all that was going on, he couldn’t differentiate between vices and virtues.

Saturday, October 26, 2019

Whitman Essay -- essays research papers fc

  Ã‚  Ã‚  Ã‚  Ã‚  Whitman Essay   Ã‚  Ã‚  Ã‚  Ã‚  Love is the greatest gift that God has bestowed upon mankind. Defining love is different for every culture, race, and religion. Walt Whitman’s love is ever changing for anyone who tries to love him or understand his work. Love can be broken down into a multitude of emotions, and feelings towards someone or some object. In order to find love that is searched for, preparations must be made to allow the full experience of Whoever You Are Holding Me Now in Hand by Walt Whitman to be pious. Walt Whitman’s poem is devoted to the fullness of love, and a description of fantasy and reality. A journey to find love starts with knowledge that both participants are willing, and able to consummate their love in judgment under God. Time is the greatest accomplice to justify the energy and sacrifice needed to start developing the ingredients needed for love to grow. Each stanza is a new ingredient to add to the next stanza. Over time, this addition of each stanza wi ll eventually lead to a conclusion. A conclusion that love is ever changing, and people must either change along with love or never know the miracle of love.   Ã‚  Ã‚  Ã‚  Ã‚  Merriam-Webster’s Collegiate Dictionary defines love as a strong affection for another arising out of kinship or personal ties. Love is a journey that begins by building a foundation of trust, commitment, and understanding. The speaker is thorough and demanding to the point that the speaker becomes a faà §ade to keep prospective loves away. Without love as the speaker begins to say life becomes pointless.   Ã‚  Ã‚  Ã‚  Ã‚   Without one thing all will be useless, (Whitman 2) The listener does not comprehend where the speaker is coming from at first. An example of emotions that are ebbing would be the calm before the storm. A nervousness that is powerless to prevent what the inevitable outcome will be. The speaker knows what it would take to mature fully a relationship that love could blossom out of. Unaware is the listener of the intent of the speaker to dishearten any further a seed that never had the chance to amply develop love. Love is funny when it becomes the focal point in a relationship. This time usually comes after the period of adjustment between two people who have decided to further enhance their love experience. Questions begin to a... ...ionships that stay together without love. Everyone should be taught how to search the soul for their emotional state of mind that they are in before they get involved in a relationship. Love, emotions, and relationships should all come with instructions to be read before opening. Walt puts perspective on reality and fantasy when it comes to relationship. The deeper the love is for one another will allow the couple to grow not only physically, but most importantly the couple becomes closer spiritually. Spirituality is the final step in the journey of love. Spirituality takes precedence over every aspect of human nature. That euphoria that is also understood to be the blessings of our Father in Heaven.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Works Cited Baym, Nina. â€Å"The Norton Anthology of American Literature.† Rev. 6 ed W.W. Norton & Company: New York, 2003. Common Questions on Walt Whitman. 2 February 2005 http://guweb2.gonzaga.edu. Poems and Biography by AmericanPoems.com. 2 February 2005 http://www.americanpoems.com. Merriam-Webster’s Collegiate Dictionary. 11th ed. Merriam-Webster, Incorporated: Springfield, Mass, 2003.

Thursday, October 24, 2019

Analysis Of Abe Kobos The Red :: essays research papers

Generally speaking, the purpose of most forms of artistic expression such as literary art, music, or art itself is a mode by which the author can express him/herself with. They use their respective skills and/or interests to convey feelings or thoughts on any given topic. Short fiction is by no means exempt from this. Many writers use their literary skills to express dreams, aspirations, opinions, or even political viewpoints. In order to make a dertermination of a probable origin for a story, research into the authors life and beliefs most likely will prove benefical. With this in mind, Abe Kobo’s story “The Red Cocoon'; seems to be a prime example of an author expressing his political viewpoints and his personal conflicts with society through literature. Given this, researching his life and political stance might help to support or negate such an assumption.   Ã‚  Ã‚  Ã‚  Ã‚  “The Red Cocoon'; begins with a man walking down a street discussing with himself the problem of not having a house to go home to. The narrator, who is also the main character, jumps abruptly from topic to topic throughout the story, but this reoccuring theme of the lack of a house seems to be a central idea. As the narrator comtemplates, he wonders if he has just forgotten his house and proceeds to knock on the door of a random house to find out if this is what has happened. After he has explained his plight to the woman who answers the door, he begins arguing with her over having proof that it is not his house. Shortly thereafter, the narrator begins to ponder wether or not things such as concrete pipes or park benches are his house. Deciding that they are on their way to belonging to someone or that they belong to everyone and not just one person, he begins to wonder if anything exsists that belongs to no one. At the end of the story, he finds that one of his legs begins to unwind into a silk thread and wrap him up in a cocoon.   Ã‚  Ã‚  Ã‚  Ã‚  Abe Kobo’s story is quite abstract and seems to have little meaning. In fact, that is just the opposite. After reading some information about Abe Kobo, the story seems to take on a new meaning. Abe Kobo is considered to be one of the leading authors during the post-WWII era of Japanese history. Many of his works use what was then radical artistic methods of literature (“Abe Kobo';).

Wednesday, October 23, 2019

Evolving Toward Ecstasy Essay

This art review by Robert Smith is on a Matisse Exhibition that was at the Metropolitan Museum of Art last November, â€Å"Matisse: In Search of True Painting. † The name of this article comes from a quote from Matisse himself, where he claims to work â€Å"towards what I feel; toward a kind of ecstasy. † From the beginning of the article, Smith raves about this exhibit. He calls it â€Å"one of the most thrillingly instructive exhibitions about this painter, or painting in general, that you may ever see. † His excitement for it is unmistakable, but this may be a biased opinion, as he seems to be a huge fan of Matisse himself. He seems genuinely impressed with Rebecca Rabinow, a curator of modern and contemporary art, and how she put the exhibit together, but his love for the artist most likely influenced his view. He praises the decision to show Matisse’s penchant for copying pieces and working in series. Two still life arrangements with fruit and compote are included along with four views of Notre Dame as seen from Matisse’s window and many other series and copies. He describes the exhibit as spacious as it is spread out through eight different galleries. In each pair or group of works, a mini seminar is created according to Smith. He goes into detail about how you could spend your entire visit in the second and third galleries with their sailors, nudes with white scarves and â€Å"contrasting psychological chords and spatial treatments of the Laurettes. † He comments on the textbook simplicity of how the exhibit is set up, letting your eyes wander through the different styles, textures, colors and overall effect of Matisse’s works. There is no doubt that Smith has a very positive view of this Exhibition. He applauds the 49 exceptional works chosen, for how they skim across Matisse’s long and productive career. In this review, he discusses a large amount of Matisse’s works, which sways from the point of the article, which was to critique the exhibition. His support for it is blatant, but he may have gone off on too much of a tangent on his love for Matisse and his works of art. This review could be beneficial to readers, but it could also be misleading if you aren’t already a fan of Matisse’s art. He aggrandizes the exhibit as a whole, so its not really clear if the quality is really there, or if he’s just smitten with the artist displayed.

Tuesday, October 22, 2019

Philosophy of Life essays

Philosophy of Life essays If we all want and need friends why cant we get along with people who are willing to be our friends? Why do people complain about the communities they live in, yet refuse to do nothing about it themselves? Why do people say they hate someone even when they don't know the person they are going against? When will humans recognize that beauty isn't found in a magazine it's what's found deep inside your heart and that what's inside is what makes that person who they are? What causes people to take life for granted, and act like they have nothing when they actually have everything and don't realize it. All of these questions and more are points in everyone's life that we all have to deal with. Life is always looking for the light at the end of every dark and treacherous tunnel and never looking behind you because you think the path is getting to rough. To live is to learn we need to take one of life's endless lessons from our laborious journeys of the past and the present and use them towards those coming up in the future. Even though choosing the bumpy road isn't always the most secure way it usually has wonderful things waiting at the end. Love is one of life's most complicated things to understand and the hardest thing to realize once you have it. Love is knowing you have someone at the end of the tunnel waiting for you that will care for you and tell you that you made and then prepare you your next trek. Love is the warm feeling you get inside every time that special someone walks past you and you make direct eye contact. It is the cause for that uncomfortable silence that always makes you wish someone else would come into the room. Nature is one of the things that all people need to consider in their lives. Without it none of us would have shelter, food, of even water. We need to work to preserve our natural areas as they are to keep our world and us healthy and in good order. Humans need to respect the things they use an ...

Monday, October 21, 2019

Marketing Plan Example Essays

Marketing Plan Example Essays Marketing Plan Example Paper Marketing Plan Example Paper Competition The personal care industry is extremely competitive. There are many small businesses that hold a large share of the market. The business trend seen today is filled with takeovers and acquisitions giving large companies a number of small pieces of the market. Customers will prefer our product based on the brand name and the mission behind it. The Taco Spa mission will be the similar to their tea line: To bring you the most intriguing line of at home spa products with creative blending of tea, fruit and botanical resulting in an at home spa experience unlike any other. With this mission in mind and clearly stated on the product packaging Taco Spa has the ability to fiercely compete and win in the very competitive market. One of the largest domestic competitions for Taco Spa is Veda products. An example of one of their competing products is as follows: Veda (Calming Composition 1. Ml bottle) $21 Price Place Available on line and in spas that carry the Veda product line Promotion Free sample of new cleanser and free shipping of orders over $80 Product Calming oil used after the shower to lock in moisture, in bath to soothe your skin, or as massage oil for calming scalp or issue massages There are many other competitors within the home spa market such as Origins and Limes products. Origins is sold at major department stores around the world and Limes products are used on almost all cruise ships. 2. 4 Product Offering Examples of products Taco Spa is currently offering products to consumers: * Relaxation serum: A relaxing combination of green tea and rosemary oil used to lock n moisture and renew skin elasticity. * Tea and Fruit infused shampoos and conditioners: When used daily they rejuvenate the scalp and release natural oils making hair shiny, full of volume and dandruff free. Natural lotions: Scent combinations that invigorate the senses and calm the spirit while providing moisture and protection to the everyday free radicals our consumers encounter that damage sees n Nine Brand Equity Model lazy spa use Is BRANDS BRANDS was developed by consultants from Millard Brown and WAP that develops the brand equity through a sequence of steps that are contingent upon successfully accomplishing the ROR step. This will build brand equity by challenging us to provide new and creative products to allow consumers to move up in the pyramid to become bonded consumers that remain loyal to Taco Spa because no other product is beats it. 2. Keys to Success The keys to success for Taco Spa are as follows: * Letting the consumer know about us through creative marketing and sales promotions overcoming the threats perceptions * Offering consumers exceptional products that produce promised results * Delivering the level of quality and customer service expected from our clients * Developing products that offer unique rodents that are not only perceived as better but actually are better than the competition Successfully accomplishing these key factors will ultimately result in consumers seeking out our products because they are the best in the market. . 6 Critical Issues Critical issues to keep in mind is leveraging our internal strengths by staying true to the promises of creating products that are all natural, keeping up with the technology that will allow us speedy production without compromising quality, and continually having key employees that believe in our concept and are always willing to assist consumers with their personal needs. Currently Taco Spa is in the developmental stage of its product life cycle. This is a new concept for Taco because they have exclusively dealt with the production of unique and interesting tea. Although the products are still in development, the concept is one that will quickly grow and mature as time passes. The Taco brand already has excellent points-of-difference within the consumer market when examining their teas. Consumers already feel that Taco Teas are unique and original and cannot be found within another brand. Using these points- of-difference, Taco Spa is predicted to have similar impact on consumers.

Sunday, October 20, 2019

Uncle Wiggily in Connecticut Essays

Uncle Wiggily in Connecticut Essays Uncle Wiggily in Connecticut Paper Uncle Wiggily in Connecticut Paper Love, Death, and War in J. D Salinger’s â€Å"Uncle Wiggily in Connecticut† J. D Salinger was best known for his portrayal of isolationism and the loss of innocence in his literary works. Like many Modern artists of the 1950’s, such as his good friend Ernest Hemmingway, Salinger was highly interested in reflection of the individual as well as the disconnectedness between adults and children (Calloway 3). In his short story, â€Å"Uncle Wiggily in Connecticut†, Salinger uses the themes of love, death, and the war to reflect the emotional detachment between Eloise and her own life, as well as her relationships with her husband and daughter. Eloise and her college roommate, Mary Jane are introduced to the reader at the same time, the beginning of the story. Both women have left college before finishing for reasons related to men. The setting for much of the plot resides within the living room of Eloise’s house. The language Salinger gives Eloise mirrors her critical and somewhat cold attitude. As the two women position themselves comfortable on the couch, they begin to discuss past classmates and relationships. We are first introduced to Eloise’s relationship with her mother-in-law. Though the information regarding this relationship is brief, we are able to gather that they do not get along. I dont have one damn thing holy to wear. If Lews mother ever diesha, hashell probably leave me some old monogrammed icepick or something. The manner in which she speaks about this reflects her carefree attitude. After Mary Jane attempts to inquire about the relationship between Eloise and her mother-in-law, the young woman quickly changes the subject. As their conversation continues, involving other classmates and their husbands, they are interrupted by the introduction of Ramona, Eloise’s young daughter. Salinger wastes no time in feeding the reader the relationship, or lack thereof, that Eloise has with her daughter. Upon Ramona’s entrance into the house, she commands her to go into the kitchen so that Grace, the servant can help her take off her goulashes. â€Å"Ramona, Eloise shouted, with her eyes shut, go out in the kitchen and let Grace take your galoshes off (Salinger). It seems as though Mary Jane is more excited to see the young girl then her own mother is. Eloise does not ask to see the girl, nor speak to her, and the reader is unaware of where the girl might be coming from and how long she was out. This clues us into Eloise’s detachment from Ramona. Upon sending Ramona to be tended to by Grace, she shifts the focus back to the alcoholic beverage, which serves as a plot device and focal point throughout much of the story(Witalec). Mary Jane begins, after insisting that she does not need another drink, to inquire about Lew, Eloise’s husband. Eloise gives critical replies about how their child looks nothing like her, and how Ramona, Lew, and her mother-in-law could pass for triplets. The fact that she is separating herself from her family, in such an outright and obvious manner, exemplifies the disconnectedness that Salinger uses in much of his work. Surprisingly, when Mary Jane asks for a kiss, Ramona quickly replies â€Å"I don’t like to give kisses† (Salinger). This could be seen as a result of the lack of affection that the young girl is missing, the same way Eloise seems to lack affection. Also, the fact that she has conceived an imaginary friend, Jimmy, who is lacking both a mother and a father, could be comparable to the lack of emotional involvement she might experience from both parents(Smith 639). However, the young girl exhibits a type of love for her imaginary friend, and Eloise seems to be critical of the confidence that her daughter places in Jimmy â€Å"You just think so. I get it all day long. Jimmy eats with her. Takes a bath with her. Sleeps with her. She sleeps way over to one side of the bed, sos not to roll over and hurt him (Salinger). Eloise lacks this type of confidence and love in a partner within her life, which may be the result of her criticalness of her daughter and Jimmy. Again, Eloise slides the attention back to alcohol, insisting she refill Mary Jane’s glass and that she stay longer. As the story progresses, we are finally introduced to Eloise’s past love history. She abandons her critical nature and attitude when describing the man of her past, who made her laugh. â€Å"He could do it when he talked to me. He could do it over the phone. He could even do it in a letter. And the best thing about it was that he didnt even try to be funnyhe just was funny (Salinger). The language she uses gives the reader the image of her lying on her couch as she reminisces about her past experiences with him. Salinger invites us into her emotional memory bank, and constructs the dialogue within this very scene in such a way that places Eloise mentally by herself remembering things that once made her happy, and making everything at that moment obsolete, in the same way a lover might recall their past love experiences (Smith 648). It is at this very point within the plot that we become aware of not only her relationship with this other past man, but also where the name â€Å"Uncle Wiggily† was derived from. This name is of significance to her. However, her train of thought is interrupted by Mary Jane reminding Eloise of the current martial situation she’s in now, â€Å"‘Doesn’t Lew have a sense of humor’ Mary Jane said† (Salinger). Her response to the questions of her husband does not run as deep as the memories she has with the other man. Quickly, she answers the question, again in her critical and sarcastic tone, almost as if disregarding she even has a husband. Again, she recalls moments her and her past love have shared together. Eloise reflected a moment, and then said, It wasnt always what he said, but how he said it. You know(Salinger). The fact that Salinger lets us in on these reflections from Eloise is again, emphasizing the connection she has with Walt and the memories, rather than obtaining the connections she should have with her husband. She mentions Lew as if he is insignificant. This relationship lacks everything that she had with her past love. Her reasoning behind not telling her husband about him comes off more as an excuse so that he may never know her true feelings and the apparent loneliness she exhibits (Kennedy). She also refuses to answer seriously to the question of why she chose to marry Lew. The theme of war is then introduced, as Mary Jane presses Eloise to explain how Walt, her love, had been killed. Tension in the plot thickens because we are seeing the break down of Eloise’s character. War and lost love become pivotal elements in Eloise’s apparent unhappiness. She begins to cry while explaining what had happen to him while he was away at War. Oddly enough, he was not killed while in action, instead in an incident involving a stove. As she told this story, she clutched the glass that was resting on her chest. Salinger swiftly incorporates the meaning of alcohol in her life once again, as her sort of comfort for the hurt she lives with. â€Å"She put her hand around the empty glass on her chest to steady it† (Salinger). As the story begins to conclude, the theme of lost or dead love is heightened when Ramona explains that Jimmy was killed. Eloise, instead of showing sympathy towards Ramona, asks what happened and quickly commands the girl to be sent to her room. Secondly, Grace asks for her own husband to stay the night, being that the weather was frigid; Eloise denies her request, therefore separating the husband and wife for the night. While this love is not dead, Eloise is causing a physical disconnect between the two. She then goes into Ramona’s room where she sees the young girl laying on the bed, all the way at the edge, so that her new imaginary friend has room to sleep. She attempts to separate the two by insisting that Ramona sleep the right way and physically grabs her ankles to position her to how she wants her to lay. It is in this very scene, after Eloise shuts off her daughter’s bedroom light, that the themes of love, death, and war completely break down the character of Eloise (Witalec). â€Å"She picked up Ramonas glasses and, holding them in both hands, pressed them against her cheek. Tears rolled down her face, wetting the lenses. ‘Poor Uncle Wiggily,’ she said over and over again† (Salinger). Salinger brings the story to a closing by having Eloise kiss her daughter, and walk out of the room. This is the first sign of affection from mother to daughter that we see. At the very end she seemed to confide in Mary Jane, asking her about a dress she had once worn. This has symbolism in itself, being that Eloise did not attempt to confide in her husband, we are unaware if he is even home or not by now. In a way, Mary Jane, who had been friends with Eloise for so long and knew her throughout her relationship with Walt, could serve as a type of connection left to the woman’s past memories, and that is why she returns to her at the end of the night (Kennedy). Salinger clearly demonstrates the isolation Eloise displays within her relationship with her own husband and child. He gave Ramona two different confidants within the short period the story takes place, while Eloise cannot find the connection between herself and her own spouse (Witalec). The themes of love, death, and war all seem to consume Eloise, effecting how she reacts to the people who are supposed to be closest to her. Much of the feelings she felt were common among the society of post-war times, and Salinger successful illustrates this to the reader. Work Cited Calloway, Catherine. 15 Fiction: The 1930s to the 1960s. American Literary Scholarship (2002): 1-26. Project Muse. Web. 16 Nov. 2010. Kennedy, J. Gerald. Modern American Short Story Sequences: Composite Fictions and Fictive Communities. Cambridge: Cambridge UP, 1995 Salinger, J. D. Uncle Wiggily in Conneticut. Nine Stories/ J. D. Salinger. New York : Bantam, 1989. Smith, Dominic. Salingers Nine Stories: Fifty Years L ater. The Antioch Review (2003): 639-649. JSTOR. Web. 16 Nov. 2010 Witalec, Janet. Jerome David Salinger. 65 (2004): 290-339. Literature Criticism Online. Web. 16 Nov. 2010

Saturday, October 19, 2019

Article Summary Essay Example | Topics and Well Written Essays - 250 words - 1

Article Summary - Essay Example The results of the study showed some correlation between active learning and the student departure process. One encouraging sign was that social integration plays an important role in active learning, and thus the two should be linked. Last week a new president was chosen for the University of Tennessee after much deliberation. The controversy revolved around the final interviews being made available on the Internet. Some people view this open process as unnecessary and in fact harmful to the reputation of the university. The authors of this article investigated numerous states’ sunshine laws, where information must be made public in state sponsored institutions. What was discovered was that there is much confusion around how these laws should be applied and in what circumstances. The recommendation given was that a common ground should be found that permits some information to be made public yet allows privacy on certain occasions. Also, the timing of the release of sensitive information should be done in a slow manner. Thirdly, there must be some closed door meetings that do not require information to be disseminated. Trustees should be informed of important decisions before the information is made availa ble to the public. Sunshine will continue to thrive, but the way in which they are used must be looked

Friday, October 18, 2019

Discussion Board Assignment Example | Topics and Well Written Essays - 500 words - 3

Discussion Board - Assignment Example Therefore instead of looking at their own interests, they should be looking at the interest and welfare of those that they serve. In this case, they are able to be examples just as the number one leader in Jesus Christ was (Maxwell, 2007). In this sense, leaders must purport to serve others first in order to be able to accomplish the goal as a whole group and not just as an individual person. They should forget about the leadership. This form of leadership is important in the sense that it encourages team effort. It makes those in the position to be led. It means that if one person was in a position to do the task alone, it could have been done. Thus being in a leadership position to gain all the praise rather than to serve the people is being in the leadership position for a gain and not to help others. If Jesus provided this example by washing the feet of his disciples, then other leaders should follow the same. Servant leadership helps others to lead by example. For this reason, it is important to rely on Jesus will and ways in relation to leadership as it is only through this way that leaders can become the best leaders. They will be able to do things for others and not think of themselves. The Bible shows people serving others eagerly and not just for their gain (1 Peter 5:2-4). Thus following Jesus means following the humble manner. Jesus was able to lead in humility, love, compassion and in fellowship with others. It is important to note that leadership is not a single sill but the collective teaching of what is in the Bible. Thus, for a leader to be effective, he must emulate good qualities to the best of their abilities. This can be done by copying Jesus (Iwuala,

Management case study applying 10 management theories

Management applying 10 management theories - Case Study Example Bearing in mind that the traditional methods of competitive advantage may not apply to the modern business sector, market segmentation and appropriate targeting can also act as a competitive advantage. However, to take advantage of this, the organization ought to devise reliable ways of undertaking market research, which requires the right employees who can only be acquired through recruitment and selection. Although the organization may decide to undertake internal recruitment, it is usually recommended to undertake external recruitment through advertisements, referrals, and the Internet. This provides a new set of skills for the organization that can be used to capitalize on market segmentation and targeting. In spite of this advantage, this also requires additional resources that mean additional expenses that organizations take lengthy discussions to deal with. To accomplish the required outcomes, the organization ought to understand the impact that rational decision making can have towards the realization of this quest. Rational decision making incorporates several steps that begin with the identification of a problem, formulation of alternatives, implementation of the most appropriate solution, and evaluation of the impact that the implemented solution has. In most cases, this process favors logic, analysis as well as objectivity. Since marketing is an issue in the organization, as indicated in the case study, this provides information on the problem to be resolved while the next step would involve several alternatives that may include increasing supply or even identifying areas to supply specific products. This is because the research would provide information concerning customer preferences, which is very important to organizations. Once the most appropriate step has been agreed upon and implemented, the final step is very important

Thursday, October 17, 2019

Research Question Coursework Example | Topics and Well Written Essays - 250 words

Research Question - Coursework Example Lastly, the study of supply chain management is important at the society level. In this respect, a well-managed supply chain within the society creates employment and improves the standard of living. The functions of purchasing and logistics tend to contribute positively to the supply chain performance in a number of ways. The purchasing and logistics influence the efficiency of the supply chain by increasing the competitiveness of the organizations (Yang, 2012). Notably, the functions of the logistics and purchasing facilitate supply chain to achieve customer satisfaction, timely processing clients’ orders, and efficient delivery the ordered good and services (Schroeder, 2010). In this respect, timely purchase and delivery of goods and services ensures that companies attract and retain new and existing clients. In essence, purchasing and logistics optimize supply chain. In turn, the effective and well-organized supply chain maximizes operational performance, as well as, profit margins. Moreover, functions of purchasing and logistics augment supply chain to realize sustainable competitive

Hamlet Essay Example | Topics and Well Written Essays - 500 words - 10

Hamlet - Essay Example Readers will see imperfections of his character in all his careful actions and manipulation of events and people in order to avenge the death of his father and reclaim his honor. His actions, one of them feigning lunacy, as Shakespeare has shown, when Hamlet said to Horatio, â€Å"Here, as before, never, so help you mercy, How strange or odd soeer I bear myself (As I perchance hereafter shall think meet To put an antic disposition on) (1.5.925) was done in order to distract and confuse Claudius and his men. This proved to be both of an advantage and a flaw. His antics bought Hamlet time to think about what to do in order to manipulate Claudius into confessing, directly or indirectly his hand in Hamlet’s father’s death but the reactions of people made him over think about his plans of revenge. His ability to over think, which was shown in Hamlet’s soliloquy (3.1.1,750) and inability to act on things result his will being crippled, sinking to inaction while Claudius reigns secure (John Russel, 13) and also resulted to his own confusion. His being indecisive and his inability to act on his desires, or even the suspension of his planned action proved to be one of his character flaws. â€Å"Now might I do it pat, now he is praying; And now Ill dot. And so he goes to heaven; And so am I revenged. That would be scannd: A villain kills my father; and for that, I, his sole son, do this same villain send To heaven† (3.3.2356-2360). This was his chance to avenge his father’s death but he had second thoughts about it. He was so affected by melancholy which resulted to low self-esteem and doubt in himself that either made him suicidal as Hamlet said "O that this too sullied flesh would melt, Thaw, and resolve itself into dew, Or that the Everlasting had not fixed His canon against self-slaughter" (1.2.333-336) or so enraged to resort to murder. "How now, a rat? Dead for a ducat, dead†¦ A bloody deed - almost as bad, good mother, As kill a king and

Wednesday, October 16, 2019

Research Question Coursework Example | Topics and Well Written Essays - 250 words

Research Question - Coursework Example Lastly, the study of supply chain management is important at the society level. In this respect, a well-managed supply chain within the society creates employment and improves the standard of living. The functions of purchasing and logistics tend to contribute positively to the supply chain performance in a number of ways. The purchasing and logistics influence the efficiency of the supply chain by increasing the competitiveness of the organizations (Yang, 2012). Notably, the functions of the logistics and purchasing facilitate supply chain to achieve customer satisfaction, timely processing clients’ orders, and efficient delivery the ordered good and services (Schroeder, 2010). In this respect, timely purchase and delivery of goods and services ensures that companies attract and retain new and existing clients. In essence, purchasing and logistics optimize supply chain. In turn, the effective and well-organized supply chain maximizes operational performance, as well as, profit margins. Moreover, functions of purchasing and logistics augment supply chain to realize sustainable competitive

Tuesday, October 15, 2019

Bordo Essay Example | Topics and Well Written Essays - 250 words

Bordo - Essay Example have transformed from historical social beliefs that male relevance and beauty are a product of having massively-muscular bodies and ultra-masculine personas while women are depicted primarily as sexual objects for scrutiny and desire as a result of exposing their genitalia. She believes, essentially, that male beauty, today, is being depicted by more feminine posturing which both confuses the author and also seduces her at the same time. Bordo seems to be seeing a shift in cultural preferences that now have men being advertised as sex objects for visual delight and enchantment which defies historical connotations of masculinity. Bordo’s perspective would seem to be aligned with feminist ideology, with socially-driven viewpoints of sexuality now favoring equality as men are being transformed into artifacts with the same sexual characteristics as women. She questions biology as a contributing factor to what constitutes male beauty, however it seems this is just allegorical. She seems to understand fully that what compromises exciting male sexuality is culturally

Questions and Answers on Intermolecular Forces Essay Example for Free

Questions and Answers on Intermolecular Forces Essay Intermolecular forces written response Hexane and Water do not mix. When the two substances are combined they separate into layers in the same manner oil and water do. Explain why this is? Well to begin with this, these two things are very dissimilar. Water is considered polar and secondly hexane is considered non-polar. Polar and non-polar cannot mix together they are to different substances. Polar solutes will dissolve in polar solvents and non-polar solutes will dissolve in non-polar solvents, this is where the expression ‘like dissolves like’ comes from. When theses two substances are combined they form different layers and this is because hexane is denser then water. Another very important reason to remember is that water is only soluble with nitrogen, fluorine, and oxygen. These two liquids are said to be immiscible. Water and oil will not mix for the same reason water is polar and oil is non-polar and for the same exact reason they are not mixable in a solution. Methane, ammonia and water are chemically similar. Yet the three substances have very different boiling points. Explain why this is true? This is due to the bonding between the molecules. The stronger they are the hotter you must make the liquid to cause it to boil. Intermolecular forces are the forces between the molecules of a substance. If a substance has very strong intermolecular forces, it is likely to be a solid, and if it has very weak intermolecular forces it is more likely to be a gas, and this is because there would be less attraction among the molecules (strong intermolecular force=more attraction between molecules). As you know, when you boil something, you are changing it from a liquid to a gas which means you would want to decrease the attraction among the molecules of the substance by adding energy. If a substance has intermolecular forces that are stronger, you would need more energy to overcome the forces which means it would have a higher boiling point (higher boiling point=higher temperature=more heat=more energy). The opposite is also true. If a substance has weaker intermolecular forces, less energy is required to decrease the attraction among the molecules and therefore it would have a lower boiling point. Ammonia and water have higher boiling points due to hydrogen bonding. Methane has a low boiling point because it belongs to the weakest London dispersion forces.

Monday, October 14, 2019

Investigating Recruitment And Selection At Starbucks Commerce Essay

Investigating Recruitment And Selection At Starbucks Commerce Essay This report will imply on the discussion between internal and external recruitment, as well as the methods and sources being used generally which involves the advantages and disadvantages of having to recruit candidates either ways. Furthermore, discussions are made between two organizations that is chosen by our group on how they do their recruitment and what conflicts they face in doing so. What is recruitment? Recruitment is a process of identifying and hiring the best- qualified candidate for the job vacancy or for the right job, this may either come from within the organization or outside of the organization. Why an organization does need to recruit? Basically, an organization needs to recruit due to vacancies that will be needed to be occupied by new applicants or candidates with the right skill for the certain job available. Why do vacancies occur within an organization? In general, vacancies occur due to certain circumstances, firstly, when a person is being recruited for a vacancy, the most likely needed to work as, can be either, temporarily or permanently. Also, due to economical crisis which is currently happening in many organization, furthermore, applicants are needed to be newly recruited because of maternity leaves, paternity leaves or if one of the employees may be suffering from an illness for quite a long time, to do so, they will need someone to cover the vacant position in an organization. This will occur as part of a temporary contract. Sometimes, vacancies occur due expansions of organization where they will need additional employees provided with resources and trainings, as well as employees may suddenly change jobs for the better of salary, benefits being offered or just simply because of the extra work that are being handed to them. In addition to the reasons of vacancies, may include retirements. Types of recruitments and its methods. There are two main types on how to recruit an applicant, such as internal recruitment and external recruitment. Internal recruitment is a method of hiring an employee from within the organization itself, which will include the knowing of the required skills that will be needed for the certain job they will be recruited for, and also they already know the organization that they are working for, particularly if its training and development program is effective. In other words, where existing employees are selected rather than employing from outside. Internal vacancies are usually advertised within the business via a variety of media, this consists, the use of verbal advertisement within the organization (word of mouth), staff notice boards, meetings, in-house magazine or newsletter or intranets. External recruitment is a method of hiring candidates for the right job. It is when the new applicant comes from outside of the organization. Frequently, most business engages on this method of recruiting, particularly those that are growing strongly or that operate in industries with high turnovers. Fortunately, its sources enables them for recruiting a candidate from outside, like, referrals or existing contacts, career service which registers high number of applicants, employment or recruitment agencies who are specialized in recruitment and selection, helping candidates to look for a job and also be connected with a number of companies, which as well often supply interim employees. In particular, they even use the source on Headhunters or recruitment consultancies, who provides a more specialized approach to the recruitment of employees and or senior management, and rather approach on individuals with a good reputation instead of relying on long lists of applicants. However, this source is costly. Also, external recruitment includes the sources of using internet and advertisement, example, classified ads, magazines, posters, etc. Advantages and disadvantages of internal recruitment and external recruitment. First of all, internal recruitment process is less time- consuming into recruiting and not expensive. Also, itll be easier in such a way, that the organization will not have any difficulties to have a background check, and train the applicants as they are known on what capability they can present at the same time, they already know the organization theyre working in. in addition, it gives the existing employees to advance their career in the business, helps to retain staff who might otherwise leave, reduces the risk of selecting an appropriate candidate and even have the chance of getting promoted. Also there will only be smaller number of applicants. However, there are likely to have a limited number of applicants for the job and another vacancy will be created that has to filled, therefore another recruitment plan has to be planned to fill another vacancy. Furthermore, there will also be a failure in generating new ideas. In contrast, the advantages of external recruitment is that it has wider audience that can be reached out which also increases the chance that the business will be able to recruit applicants with the required skills for the job, and helps to generate new ideas. However, this process will likely to be time- consuming. This is as well expensive due to the sources that they will be using, example: employment and recruitment agencies it is not a 100% ideal method because normally it will cost the organization money and even charge the candidate as well as the company that can be equal to the sum of his/her salary and another disadvantage, is not being definite with the qualifications that will be needed for the position that is applicable, lastly, they will not be considerate enough. Starbucks coffee company Starbucks coffee company is an international coffee and coffeehouse chain which was founded in Seattle, Washington on 1971. It is the largest coffeehouse in the world. Recruitment methods of Starbucks- Internal and External Internal Methods Starbucks uses these methods of recruiting internally: Intranet Starbucks announces its company vacancies through the website wherein only the staff and employees can access and look-up. Staff meetings These usually consist of the managers and supervisors organizing a meeting wherein they select the right employee for the right job internally. Career Development It is a method wherein staffs can get promoted to a higher level in the company. This usually uses the method of recommendation. External Methods Advertisement Starbucks usually put up ads in the newspaper or posters in their shops to attract candidates to apply for the company. Internet With its world wide web, people all around the world would be a able to access Starbucks site and find if there are any vacancy available. Word of mouth As staffs from the company may refer the vacancies available through friends and peers which are legible to apply for the position. RSA (Royal Sun Alliance Insurance Company) Royal and Sun Alliance Group is an insurance company which was founded on 1996 in London, England, UK which is still their headquarters up to date. It is a joint venture of Royal Insurance and the other Sun alliance. It is Britains leading insurance company. Recruitment methods of RSA- Internal and External Internal Methods RSA uses these methods of recruiting internally: Internal vacancy announcement When vacancies occur managers or supervisors tend to announce the position that is available to the employees. Promotions within department An applicant from a certain department of a company may be promoted to a higher level of work. Bulletin boards Almost the same as the internal announcement, here vacancies are posted to bulletin boards for when employees pass by they would see the notice. Internal emails As for RSA they use internal email which they call Lotus notes. Here every employee of the company receives emails as to which vacant positions are open or available. External Methods RSA uses the methods of recruiting externally: Advertisement in paper Advertising in the newspaper is one of the best recruitment methods there is. People read the news papers and would see the advertisement of the company and if interested they would send their application. Agencies RSA also uses the method of contacting agencies. Company website In the companys website, people who visit this site would see what job vacancies those are available. Conclusion In our opinion, nowadays, recruitment plays a vital role in ones organization and company. Searching, Attracting, and employing may take a lot of process but all this hard work in searching for the best candidate may lead to the success of the organization. Recruiting internally and externally may have different ways, but both have the same goal, that is to fill the spot or vacancy that the company has put up. In other words, we have learned that its a mandatory in every organizations. Furthermore, enabling us to know the possible outcomes and conflicts between internal and external recruitment. Henceforth, without this process in an organization, their organization will not be able to grow and produce high quality work. Bibliography Starbucks Coffee Company http://www.peerpapers.com/essays/Environmental-Mission-Vision-Values-Starbucks-Corporation/119728.html?topic http://www.helium.com/items/1738974-internal-external-recruitment-company-employees-experience-knowledge-retention Recruitment http://www.tutor2u.net/business/people/recruitment_internal.asp http://www.tutor2u.net/business/people/recruitment_external.asp http://www.hrmadvice.com/hrmadvice/hr-processes/recruitment-and-selection/internal-or-external-recruitment.html http://en.wikipedia.org/wiki/Recruitment RSA (Royal and Sun Alliance Insurance Company) http://www.rsadirect.ae

Sunday, October 13, 2019

Were the Republicans Hypocrites? :: essays research papers

†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Daniel Webster defines a Hypocrite as â€Å"a person who puts on a false appearance of virtue or religion† †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  A Democratic-Republican opposes a strong central government with most power assigned to the states, Alexander Hamilton's economic policies, advocates a liberal agrarian democracy, a foreign policy favoring the French Revolution while also appealing to poor townsfolk. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Both Mr. Jefferson and I were firm believers of Republican ideals, but under the circumstances, we had to adapt to the issues that affected our presidencies. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Many people believe that Thomas Jefferson’s desire to acquire land exceeded executive powers established under the constitution. However, the United States is a growing nation, and I experienced this growth as secretary of state for Mr. Jefferosn. This chart represents the population of the United States from when the first census was preformed until the projected numbers for the 1820 census. As you can plainly see, the number of people in the United States is growing by 2-2.5 million people per decade. There is not enough land to support these numbers, but buying the Louisiana Purchase added plenty of space for our nation to continue growing. Population density will be at a low for the time being thanks to westward expansion. The Louisiana Purchase will also add to our agrarian economy, which is supported by Republicans. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  As secretary of state to President Jefferson, I realized the importance of Tripolian conflict, and applied them to my presidency as I handled the War of 1812. The Algerian corsairs captured 119 American merchantmen, held them captive for over 12 years, beat them regularly, were fed near-starvation rations, and were forced to work hard labor. These were American citizens waiting to be liberated. What was Jefferson to do sit back and watch these innocent civilians die, and pay an extreme ransom for their freedom? 31 hostages had already died in captivity, and you think Jefferson should have let the Pasha of Tripoli get away with these murders? Any president under these circumstances would have done the same thing Jefferson did; these acts were humiliating to the United States. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The War of 1812 was similar to Jefferson’s Barbary conflict. American sailors were being impressed by England. The Committee on Foreign Relations of the United States House of Representatives stated in their report, â€Å"The non-intercourse and non-importation laws, which invited the return of both powers to their former state of amicable relations, by offering

Friday, October 11, 2019

We Should Allow Drilling in the Arctic National Wildlife Refuge (ANWR)

Over the last thirty years the United States has been faced with the problem of dependence on foreign countries for oil and the tight control that these exercise on the energy policies and economics of America. Many of these instances include: the oil embargos of the 1970s, the Iraqi invasion of Kuwait in 1990, and the terrorist attack on the World Trade Center in 2001. Since the 1970s, one solution offered to reduce our nation's dependence on foreign countries for oil has been opening up drilling in the Arctic National Wildlife Refuge (ANWR). Proponents say that drilling in ANWR would make the United States more self-sufficient in the area of energy, while at the same time not doing excessive damage to the environment of the area. Opponents of drilling in ANWR cite the environmental problems of off-shore drilling and maintain that this land should be left alone and allowed to stand as an environmental wonder. Given that some environmental groups do not mind allowing technology to i nvade the environment when it profits them and given the threats of global terror and the ever-increasing dependence our nation has on foreign oil, I believe it is in the best interests of the United States to open up the Arctic National Wildlife Refuge for oil drilling.   Ã‚  Ã‚  Ã‚  Ã‚  Before stating both sides of the argument, I would like to make two observations that I found interesting while researching from the book, Taking Sides. The first thing that I found interesting was that in an environmental science class and in an environmental science textbook, the two articles used to present the pros and cons of opening up oil drilling in ANWR were not written by environmentalists or scientists or even oil technology experts, but rather by an economist, a physicist and a lawyer. The second thing that ran through my head as I was reading both articles was the time at which both were written. ?To Drill or Not to Drill: Let the Environmentalist Decide,? written by Dwight R. Lee, a professor of economics, and ?Fools Gold in Alaska,? written by physicist Amory B. Lovins and lawyer L. Hunter Lovins, were both written in the months prior to the September eleventh terrorist attacks in the United States and the subsequent United States invasion of both A fghanistan and Iraq. As I read both articles, especially that of the Lovins, which opposes oil drilling in ANWR, I could not help but wonder if ... ... we may see a serious act in the near future to start the process of drilling. With a solid combination and profitability factor the U.S. could prevent the rising gasoline prices. We need to however, continue our search for other alternatives do to our limited resource of oil. For this reason, I am in favor of opening up the Arctic National Wildlife Refuge to oil drilling and also the exploration of alternative fuel sources, as well as ways to conserve fuel. This combination should provide the United States with an energy policy that is both financially stable and environmentally sound.   Ã‚  Ã‚  Ã‚  Ã‚   Works Cited Cunningham, William P. Cunningham, Mary Ann and Saigo, Barbara. Environmental Science, A Global Concern. McGraw-Hill. New York, NY. 2005. Easton, Thomas A. and Goldfarb, Theordore D. Taking Sides. McGraw-Hill/Dushkin. Guilford, Connecticut. 2004. Hayek, F.A. Individualism and Economic Order. The University of Chicago Press. Chicago and London. 1948. Lee, Dwight R. ?To Drill or Not to Drill: Let the Environmentalists Decide.? The Independent Review. Fall 2001. Lovins, Amory B and Lovins, L. Hunter. ?Fool's Gold in Alaska.? Foreign Affairs. July/August 2001.

Has the World Treated Me Fairly or Unfairly? Essay

Everyone has a different perspective on fairness of the world, people would say that the world has been fair, unfair, or both to their lives. I stand where I believe the world has been fair to my life. Living in Saipan gave me a lot of opportunities and great moments. I received great education and got a chance to share passion with other good people. Everyone gets a chance to enjoy their lives, and I think that so far I have gotten that chance. I can say I had lucky breaks. I got to travel the world with the people who share a common passion and interest with me. Looking back, I received all that I could but sometimes I regret not taking the given opportunities which could have left a different impact in my life. Unlike the mainland, we do not have much facility, resources and a great economy. Despite of lacking needs, I received great education from great educating minds. It was my fortune to enroll in a school that provided musical education, a school concert band program. Even in a bad economy, our high school band (which I was in) got invited to the New York Music Festival and got a chance to play on the world’s most prestigious stage of Carnegie Hall. Unfortunately, because of band I had to give up my chance to take AP classes due to conflict in class schedule. I had to think it over twice by giving up something I love for another great opportunity, or keep this opportunity that was given to me and start fresh. I know it was a given chance for me, but then I chose band because by that time, band has become a big part of my life. Through my dedications in music I was able to enjoy doing what I love with my friends and family, traveling to places like New York, Guam, and London. If this was not my luck break, I don’t know what is. During my last year in high school I joined the â€Å"We the People† team which was a class/club that was formed to compete in the â€Å"We the people national competition†. I wasn’t even interested in this class because I know that I am not a great public speaker, nor even interested in the law. As time passed, I got more interested in my subject and tried harder every day. I interacted more with my teammates and learned to be a better public speaker. As by default, we won the finals in the CNMI and what great news, we got to go to the national finals that will be held at Washington D.C. It felt like it was worth the time I had put into this program, and my team. This was a chance for me to improve myself in many ways. I got a unique education from a Supreme Court judges and law clerks, not everyone gets a chance to even enter the Supreme Court. This was a precious chance for me to prove myself to the world and show the people what I got. Everyone can be lucky. If there is an opportunity, don’t miss it. Take those opportunities when they are given to you even if you have to give something up, there is always going to be another opportunity waiting for you. You can make yourself a lucky person if you try hard. When there’s something that you want, go strive for it and achieve it. Don’t be afraid to see what’s there waiting for you ahead. As it came to the end of my senior year, everything felt like as if thing were moving in life speed. 4 years has gone by so fast! When I look back into it, I pretty much had a great high school life. My parents are great people, I have great friends, just thinking about being here gave me so many opportunities, or should I say I am a lucky person? Living in Saipan, I received great education and got a chance to share passion with other good people. Everyone gets a chance to enjoy their lives, and I think that so far I have gotten that chance. I can say I had lucky breaks.

Thursday, October 10, 2019

Business Law Enron/WorldCom Essay

1. Introduction The goal of a large number of criminal acts is to obtain as much as profit for the individual or group that carries out the act. Just like bribery or robbery, accounting scandals that shock telecommunications industry within the past two years, also have similar intention that is to make money to benefit a person or a group of people through illegal acts while disguising their illegal origin. Concerning the accounting scandals in Enron, in this paper, we will elaborate the story of Enron and World Com scandals discussing how the company’s situation relates to bankruptcy, insurance, and/or employment law. 2. Accounting Scandals Enron, Global-Crossing, and WorldCom recent cases have become a history in finance and telecommunication areas. The history tells us how fragile the monitoring process of the company’s financial system is. The situation leads to accountancy scandals that hurt investors, employees, and the industries. In many reports on Houston Chronicle, we can conclude that the case of Enron emerged as the company and its auditor cooked up the books to show bogus profits. This is done so to attract the public so that they are interested to invest their money during the company’s initial public offering (IPO).   Previously, the company has already performed manipulation of commodity prices in order to obtain huge profits due to unregulated energy derivative market. Moreover, the bankers also join this bogey as they have been giving loans and would like to reduce their risk hoping that Enron would obtain much money from IPO so that Enron can fulfill their obligation to the bank. Therefore, in this accountancy scandals there are at least three actors: the first is Enron, the company that has a pile of debt that was off balance sheet. The second actors are auditors; they acted as consultants that helped the Enron to write a fake figure of the company’s profit in the book. The third actors are bankers that issued good analyst reports for Enron financial performance and acted as underwriter. By doing so, Enron can raise much money to pay their loans to banks and back to the evil business when Enron run out of money again. Amazingly, within three years, the fake report gives Enron over $10 billion of investors’ money. The illegal action like cases of MicroStrategy and Xerox has caused the declining public trust on stock markets and auditors (AFL-CIO, 2007; Turner, 2002). 3. Bankruptcy and Insurance The case of Enron, WorldCom and other accounting scandals still leave public with many questions regarding the way the companies try to recover from the scandals especially when it comes to fair treatment for the hurt employees. The term â€Å"fair† refers to equal treatment for CEO and their workers. Remember the shocking Enron case a few months ago that many of people fail to recognize what went wrong at Enron, an energy-trading giant and once the seventh-largest company in U.S. The lawsuits and official investigations on Enron show that the bankruptcy has sent more than 6,100 of Enron employees into unemployment. In addition, it also causes serious fault at workers’ health care and retirement savings—for many, their life savings—because worker 401(k) plans were halted while the company stock price tumbled (AFL-CIO, 2007). Although the company’s performance went bankrupt, however, the Enron’s executive still obtain bonus checks for more than $55 million, in addition to $50 million in bonuses just weeks earlier. The Enron’s case is one example of increasing â€Å"pay gap† between CEOs and workers (AFL-CIO, 2007). Moreover, she also points out that the Project 911 turned out to give many benefits for Enron’s management instead of giving benefits for workers. In the Project 911, Enron was to pay the company’s executives $105 million worth of bonuses prior to the company’s bankruptcy filing in December 2001 (Steffy, 2005). However, according to the new bankruptcy law, which President Bush signed in April, a company might give their executives excessive compensation in the form of retention bonuses only if they have another job offer. It means that under new law, executives will not be paid to stay until they show proof they intend to leave (Steffy, 2005) The new law had driven the bankruptcy court to approve $38.2 million in additional retention bonuses in 2002 and another $29 million in 2003. The situation soon raises critics since the come with an inherent paradox. At the management level, the company took questioned decision to reward the very few people who drove the company into collapse. In other words, Enron was enticing a failed management to stay (Steffy, 2005). This situation refers to moral crisis since the company was paying attention to bonuses for the company’s executives instead of taking care of their employees. Although the case of Enron has become symbol of wrong model of corporate America, few observers expect it to become a lasting symbol (Ivanovich, 2002). In short, the first thing American companies should do is providing variable compensation scheme in which employees’ benefits will increase as the companies’ benefits increase as well. Therefore, employees will fee fairly treated and in turn increase their motivation. 4. Employment Law The cases on Enron and WorldCom present new atmosphere regarding the employment law since it involves whistle blower, a person who disclose the scandals. Since whistle blowing leads to negative impact for the blower, it is imperative that any person that intends to whistle blowing to do it effectively. Sherron Watkins, the person who discloses the scandals at Enron, is one example of whistle blower. In addition, whistle- blowing also greatly affects the executives of a company who are given information from an employee. In order to protect the whistle blower, Sarbanes-Oxley Act rule out there should be no discrimination against employees who disclose the wrongdoing in a company (Hails, n.d.). Amidst the fierce situation at Enron, Congress is still busy passing new laws in response to the latest news about corporate misdeeds. In fact, this is really not the best solution to the problem of corporate fraud at Enron.    Considering that whistle blowing leads to negative impact for the blower as it happens at Enron case, it is imperative that any person that intends to whistle blowing to do it effectively. Below is guideline that helps an employee to determine whether a situation merits whistle blowing: a) Magnitude of consequences A person intends to conduct whistle blowing consider the impact of a action that he consider as wrongdoing. If only one person will be harmed by an action, it does not call for any whistle blowing action (England, 2007) b) Probability of effect The person must be sure that a wrongdoing happens or will happen that requires for whistle blowing. If he is not sure about the situation, he had better not perform whistle blowing (England, 2007) c) Temporal immediacy The person must think the urgency to whistle blowing. If he considers it is urgent to prevent greater losses, he can conduct whistle blowing immediately (England, 2007) In addition, lots of accounting scandals incidences have driven NYSE to issue new guidelines intended to enhance the accountability and integrity and of NYSE-listed companies by strengthening the corporate governance and disclosure practices of those companies. Harvey Pitt, SEC chairperson, the person behind the birth of the guidelines, asks NYSE to review its corporate governance listing standards. Based on the facts, since most scandals involve insider, therefore senior managers should personally liable for criminal charges and damages. Concerning this issue, congress also has passed the Sarbanes Corporate Accountability Bill that one of its main provisions includes the fact that the chief executive officer and chief financial officer now have to sign off on a company’s financial records and may assume criminal liability if they are wrong. Under such circumstances, in the event that such scandals exist, investors and employees should not bear the responsibility for their own actions. This is because in this developed economy, people from all over the world have been willing to invest in ‘pieces of paper’ because of a basic trust that there are systems in place to make the ‘pieces of paper’ valuable. Therefore, it is the government’s responsibility to maintain people trust to invest in a piece of paper by providing an oversight system that works to protect the investor. Learning from these events, it is government’s responsibility to improve standards, controls and accountabilities. While companies should improve their employees moral in order to prevent any financial scandals in the future. This is imperative since most business schools lack of morality in their curriculum.

Wednesday, October 9, 2019

The impact of student misbehavior in reaching processes Essay

The impact of student misbehavior in reaching processes - Essay Example 3. Focus/scope Different student subgroups 4. Location & duration The study was carried out in UK between 1994-1998 5. Research design & method(s) Qualitative analysis: calculating differential attainment. 6. Key concepts and ideas Achievement gap exists across various student groups with diverse capabilities such as social status and mobility. 7. Key findings, recommendations & implications for your enquiry Students from middle class families have lower educational attainment as compared to the working class categories. More research needs to be done on the topic to prove the efficiency of social class and mobility. This research enables me to understand that educational achievement is normally influenced by sociological and physical issues. 8. Your critical evaluation of this paper: Although the paper offers scientific facts, it fails to go past the Middle Class and the working class population segments in regard to education. 9. Critical comparison (Paper 1 is better than paper 2 because it was done in many faces over a decade. However, the long period of time could have impacted the scope. Your student number: 2 Admiraal, W., & Wubbels, T. 2005. Multiple Voices, Multiple Realities, What Truth? Student Teachers' Learning to Reflect in Different Paradigms. Teachers and Teaching: Theory and Practice, 11(3), pp315-329. 1. What is the study about? The study focuses on the challenges that student teachers experience during practice. 2. Purpose What are the main aims? The purpose of the paper is to provide a rare comparison of two reflective practices of teachers. 3. Focus/scope The scope of the paper is to offer readers a rich and balanced literature on the experiences of student teachers from different researchers. 4. Location & duration Utrecht University, UK (1990-2000) 5. Research design & method(s) Qualitative methodology and reflective reports 6. Key concepts and ideas The researcher based ontological, epistemological and methodological concepts upon ration al beliefs. 7. Key findings, recommendations & implications for your enquiry Student teachers saw numerous challenges related to practice but which were almost similar in the two studies analyzed in the paper. These include poor interaction with learners. 8. Your critical evaluation of this paper Although, the research provides a balanced approach to pertinent issues facing student teachers, it is based on secondary data which may be prone to some inaccuracies. 9. Critical comparison (This paper is better than the rest because, it offers real-time experiences of the student teachers in practice, however its focus on secondary data makes the findings less credible. Your student number: 3 Cooper, H., Robinson, J.C., & Patall, E.A. 2006. Does Homework Improve Academic Achievement? A Synthesis of Research, 1987-2003. Review of Educational Research, 76(1), pp1-62. 1. What is the study about? The study explores the academic importance of homework. 2. Purpose What are the main aims? This p aper explores the impacts of homework on students. 3. Focus/scope The paper focuses on the significance of homework to education in the USA 4. Location & duration United States since 1987 5. Research design & method(s) Quantitative analysis: sampling of various research designs 6. Key concepts and ideas Homework is a form of remedial work 7. Key findings, recommendations & implications for your enquiry Homework achieve relatively moderate learning achievements. The findings can form the basis for empirical research. This research enables me to

Tuesday, October 8, 2019

Opinion of reading for Journalism class Assignment

Opinion of reading for Journalism class - Assignment Example It is their job to present facts and that only – of course, having put to mind the ability of knowing the limit of what must be presented or not. During the early parts of the second half of the twentieth century, the media allegedly had not been able to do its rightful job. Disputes between the â€Å"black† and the â€Å"white† Americans were told to be [worsened] by the way the media had presented it to the public. With already prejudiced opinions about the â€Å"blacks,† they – as the Kerner Report found out – â€Å"have failed to communicate† the truth. A breach of confidence over knowing what was true – or not – had evolved. Today’s situation, fortunately, is unlike the past. Although there are still issues between the conflicting â€Å"colors† in America in the present, having elected a â€Å"black† president must now prove that the â€Å"white† Americans have accepted that there is [really] no race superior than the other; and with their ability to influence the public’s idea about something, the media must take serious steps toward realizing that with their â€Å"almost-unlimited† right to free expression, considering the civil right of a person, a society or an organization is one essential idea that must not be put

Monday, October 7, 2019

SEXUAL OFFENCES AND OFFENDING Essay Example | Topics and Well Written Essays - 1500 words - 1

SEXUAL OFFENCES AND OFFENDING - Essay Example According to Lees (2000), law reform initiatives have expanded the definitions of rape, advocacy groups have become more widespread and established, and police officers have been exposed to better training and education programmes. However, it remains less clear how these changes have been accompanied by a significant shift in police officers’ attitudes towards rape complainants. This paper seeks to examine the response of police officers to rape allegations, the manner in which police investigate these allegations, and the challenges faced by the police when dealing with these allegations. According to Epstein and Langebahn (1994), offences if sexual violation and rape have notoriously low reporting rates. Few victims are willing to approach the police on their own accord. At the same time, of the cases that are reported, few of them proceed to the point of prosecution. While several studies have been conducted on rape cases which resulted in prosecution, little research has been conducted on complainant’s experiences of reporting rape to the police. This is despite the significant reforms to law and procedures taking effect in the mid 1980s. One of the first countries to attempt key reforms in its rape laws was New Zealand. It introduced an expanded and gender-neutral definition of rape in 1986. It also abolished married men’s right to spousal immunity from prosecution for rape. Similar reforms have been undertaken in England, the United States, and Australia. Jordan (2001) draws from a research conducted in the 1990s to determine the level to which women’s experiences of reporting rape to the police had improved since the reforms in New Zealand were initiated. In the study, 48 women were interviewed, with extensive information obtained regarding reporting and statement-taking, the medical examination, and support agency contacts. Throughout the study, there was a recurring issue. This is whether or not a woman

Sunday, October 6, 2019

Reflections Essay Example | Topics and Well Written Essays - 2000 words - 1

Reflections - Essay Example When moving from one place to another within the city, I tend to use a vehicle and rarely do I use public means. I travel by air on many occasions and I believe that this has contributed significantly to my carbon footprint. In addition, my food footprint is quite high and this may be due to my omnivorous nature. It was extremely rare for me to consume organic food and this may have contributed to the footprint. If everyone in the world were to have the same lifestyle as I do, then about 4.43 earths would be needed to sustain the population. This means that the earth’s resources would be depleted faster than they are supposed to be, perhaps even within a generation. If we were to continue using resources at that rate, then the resources would become scarce and consequently, there would be absolute chaos as people fought over the resources that are left. It would also mean the destruction of the entire earth’s ecosystem as plants and animals would become extinct. The foremost changes that I made for the week was to shift from the use of heavy carbon emitting transport to cleaner transport, hence a reduction of emissions to the atmosphere. Among the steps I took to accomplish this was to start walking, especially when moving over short distances, the use of public transport, and finally, the use of transport that does not emit carbon, such as bicycles. In addition, I added energy saving features within my home and adopted habits whose purpose would be to save energy. I took to the consumption of organic foods because this would help an immense deal in the discouragement of nonorganic foods. The first adjustment I made to the categories of carbon and food footprints was to reduce significantly my air travel unless it was necessary that I had to travel. Furthermore, I believed that it would be for the best if I stopped using a personal vehicle and instead adapt to using public means because this would ensure that there was a

Saturday, October 5, 2019

Major Theories of Crime Causation Term Paper Example | Topics and Well Written Essays - 1250 words

Major Theories of Crime Causation - Term Paper Example Cultural deviance theory is a subset of a bigger range of theories which all have to do with the structure, or more exactly, the stratification of human society. Stratification is the way that objects are arranged in layers, such as in ancient rock formations, for example, and in society the term refers to the economic or social classes that exist in human societies. There are always some people who have a lot of wealth and power, and these people represent the upper classes. They enjoy prestige and privileged access to many of the benefits of society. Below this layer are those who are comfortable and can access some but not all of the advantages that a society offers, and at the bottom of the heap are the poor, who very often struggle to meet basic needs and are excluded from many of the benefits of society. The proportion of the population in each stratum can vary according to the culture and the history of different places. Some countries, like the USA and most of Western Europe has a very large middle class, while others, like India, have a huge lower class. In all societies it has been noted that the classes at the bottom of this hierarchy tend to have more crime. Economic disadvantage, therefore, is a factor which can lead to greater levels of crime. Lack of wealth results in an environment where people do not have the spare income to spend on keeping the place in order, and this means that disorganization and chaos is more likely to occur. Middle and upper class communities take more pride in their local area because they have invested a lot of resources in their homes, for example in buying or renting nice properties and making their gardens and houses neat and clean. People who struggle to put food on the table do not have the luxury to look after their neighbourhood, and crime develops in the neglected public spaces. In this context there is much less to lose, and so there is a greater tendency to opt out of constructive community efforts. People do not become attached to the place, or their neighbors and in fact â€Å"Residents in crime-ridden neighborhoods try to leave at the earliest opportunity.† (Siegel, 2007, p. 126) Life in an economically disadvantaged area is stressful and results in a culture forming in which those who are not able to move out and up into a more advantageous layer of society find ways of adapting to their environment. The cultural disadvantage theory observes that lower-class people have different values than middle and upper class people. They do not try to compete in conventional arenas like education and employment, but seek success in different ways, and measured by different standards. So for example instead of working through an apprenticeship and starting a long term career, lower class people set their sights on the values of the street: being tough and streetwise, doing deals and gaining income in ways which demand street wisdom rather than conventional submission to rules. The usual authority figures such as parents, teachers, police, are seen as influences to be r ejected, in favor of a kind of rebellious autonomy. In this world view crime plays a big part, because

Friday, October 4, 2019

Paper Star Trek Essay Example for Free

Paper Star Trek Essay As a result, not only could he process information at lightning speed and arrive at rational conclusions, he also seemed to have desires, interests, and inclinations. He could formulate relationships and make free choices. In this episode, Commander Bruce Maddox, a member of the scientific research division of Starfleet, arrives on board the Enterprise with orders for Data to be transferred to him for the purpose of being disassembled with the goal of learning more about â€Å"it† (Maddox refers to Data as â€Å"it†, not â€Å"him†, throughout the entire episode). His ultimate goal is to create an army of androids like Data which can serve the needs of Starfleet in space exploration. When Data learns that Maddox may not be able to reassemble him, he refuses to submit to the orders and is supported by Captain Picard, captain of the Enterprise and Data’s commanding officer. Picard argues that, as an officer on the Enterprise, Data has rights—among them the right to refuse to undergo an experimental procedure such as this. However, Picard is unsuccessful in getting the transfer orders rescinded and so Data resigns from Starfleet. Maddox takes legal action with the local JAG (Judge Advocate General) officer challenging Data’s resignation and arguing that Data is not a person with a right to resign, but, being a machine, â€Å"it† is the property of Starfleet. He argues â€Å"Would you permit the computer of the Enterprise to refuse a refit? † going on to claim that Picard’s reaction is, â€Å"emotional and irrational. You are endowing Data with human characteristics because it looks human, but it is not. If it were a box on wheels I would not be facing this opposition. The JAG officer concurs with Maddox and rules that Data is the property of Starfleet and cannot resign or refuse to co-operate. Picard requests a hearing to challenge the ruling and is placed in the position of being the defending attorney for Data while his senior officer, Commander Riker, is given the unenviable job of prosecuting attorney. Riker opens his case by having Data define android which Data defines as â €Å"an automaton made to resemble a human being. † Riker emphasizes â€Å"automaton† and â€Å"resembles. After demonstrating Data’s abilities as a machine, Riker summarizes his argument: The commander is a physical representation of a dream; an idea conceived of by the mind of a man. Its purpose: to serve human needs and interests. It’s a collection of neural nets and heuristic algorithms. It’s response dictated by elaborate software written by a man. It’s hardware built by a man. And now a man will shut it off. With that Riker reaches behind Data and turns the switch that shuts him down say â€Å"Pinocchio is broken. His strings have been cut. During a recess in the proceedings, Picard consults with Guinan, a wise alien on board the Enterprise and becomes convinced that the real issue in this case is the creation of a race of Data’s to be enslaved to do man’s bidding. He believes this issue has been obscured â€Å"behind a comfortable, easy euphemism—property† and is determined to challenge that thinking. In his opening defense Picard acknowledges that Data is a machine but comments that this is irrelevant, â€Å"We too are machines, just machines of a different type. He also acknowledges that, as Data was created by a human, so are we, â€Å"Children are created from the building blocks of their parents DNA. Are they property? † He then asks Data a series of questions demonstrating that, like any person, he has wants and desires, values things, and forms deep personal relationships. Picard then calls Maddox to the stand and asks for the definition of a sentien t being. Maddox offers three criteria: â€Å"Intelligence, self-awareness and consciousness. † Picard goes on to ask Maddox to â€Å"prove to the court that I am sentient. When Maddox claims that Picard’s sentience is obvious, Picard asks what the difference between himself and Data is. Maddox replies that Picard is self-aware (he acknowledges the first criteria of Data’s intelligence) and defines self-aware as â€Å"Conscious of your existence and actions. You are aware of yourself and your own ego. † Picard turns to Data and asks him what he is currently doing. Data replies, â€Å"I am taking part in a legal hearing to determine my rights and status: am I a person or property. When asked what is at stake, he replies, â€Å"My right to choose. Perhaps my very life. † Picard points out how often Data refers to himself in his reply, â€Å"My rights, my status, my right to choose, my life. He seems reasonably self-aware to me. † He then asks Maddox, â€Å"What if Data can fulfill the last criteria, consciousness, in even the smallest degree? What is he then? Do you know? † He asks the same question of Riker and the JAG officer and goes on to say, â€Å"Starfleet was founded to seek out new life, well there it sits. Picard argues that if we create an army of Datas to do man’s bidding, then â€Å"Thousands of Datas become a race. Won’t we be judged by how we treat that race? † After considering the arguments, the JAG officer makes her final ruling: It sits there looking at me and I don’t know what it is. This case has dealt with metaphysics, with questions best left to saints and philosophers. I am neither competent nor qualified to answer those. But I’ve got to make a ruling to speak to the future. Is Data a machine? Yes. Is he the property of Starfleet? No. We have been dancing around the basic issue: Does Data have a soul? I don’t know that he has. I don’t know that I have. But I have got to give him the freedom to explore that question himself. It is the ruling of this court that Lt. Commander Data has the right to choose. Data exercises his right to refuse to undergo the procedure encouraging Maddox to continue his research. Maddox agrees to rescind his request for transfer, commenting about Data that â€Å"He’s remarkable. †

Thursday, October 3, 2019

Relation Between the Oil Prices and the Sales of Automobiles

Relation Between the Oil Prices and the Sales of Automobiles Abstract The objective of this research is to study and understand the relation between the oil prices and the sales of automobiles. The escalation in the petroleum prices plays a major role in the automobile industry worldwide. When the price of oil increases, it evidently alarms the automobile industry because the auto companies are in the competition with one another to fulfill the new demands for more fuel efficient consumer mindful at condensed price. Furthermore, rise in the petroleum prices also impacts the kind of means of transportation demanded by the buyer and the way those vehicle motors are designed. However after studying the oil price impact on Pakistans automobile industry sales we have concluded that the relationship of oil prices and auto sales does not exists in Pakistan. Contents Acknowledgements II Abstract III Contents IV 1.0 INTRODUCTION 1 The Impact of Rising Oil Prices on Automobile Sales: 1 Background of Pakistans Automobile industry 4 2.0 LITERATURE REVIEW 5 4.0 RESEARCH METHOD 14 5.0 HYPOTHESIS TESTING 15 5.1 INDEPENDENT AND DEPENDENT VARIABLE 15 5.1.1 Independent Variable à ¢Ã¢â€š ¬Ã¢â‚¬Å" domestic oil prices 15 5.1.2 Dependent Variable à ¢Ã¢â€š ¬Ã¢â‚¬Å" Pakistans Auto mobile Sales 16 6.0 DATA ANALYSIS: 17 7.0 CONCLUSION IMPLICATIONS 19 8.0 REFERENCES 20 List of Tables: Table 6.1 ANOVA and level of Significance 18 Table 6.2: Regression Statistics of the tested variables 18 1.0 INTRODUCTION The Impact of Rising Oil Prices on Automobile Sales: Impact of oil in daily life is quite evident. Oil is considered as a strategic energy for economic time line. The price of oil has an effect on cost of production in diversified ways such as with the increase in oil prices, there is an increase in the costs of transportation of export, import and goods for local expenditure. Apart from this there is also an upward slope in rates of air, road, rail and sea transportation with the rise in the price petroleum. Oil endows with 97% of the transportation fuels that facilitates in running the trucks cars and other automobiles in the countrys highway. Thus, when the price of the oil increases, it evidently alarms the automobile industry because the auto-companies are in competition with one another to fulfill the new demands for more fuel proficient consumer mindful at condensed price. There are no reservations that profit margin of the companies are affected by this. Furthermore, rise in oil price also affects the kind of means of transportation demanded by the buyer and the way those vehicle motors are designed. The escalation in the petroleum prices plays a major part in the automotive industry. The world consumes over 82 million barrels of oil per day (BPD), with the united states taking roughly 20 million BPD1. Petroleum is one of the most essential contributions in a nations economy and its price has extensive economic and social impacts. Various researches illustrate that the price of petroleum in Pakistan is considerably high either with or without involving per capita income and it needs to be leveled downwards in order to guarantee competitiveness of Pakistans exports and lessen the burden on the buying competence of the nation. Nevertheless, this cannot be a simple task as Pakistan heavily depends upon imported oil in order to fulfill its petroleum necessity and the development surcharges and the import revenues compose a major sector of the Government income. However, a feasible and reasonable solution to trim down oil price is needed keeping in sight the revenue making facet and the prevailing global prices of crude oil. The major reason of escalated oil prices is linked with the demand of oil and the complication in oil refineries. Petroleum is used usually for two reasons: Firstly, in the gasoline production and secondly in the production of tires. In the US, during the last few years the prices of gasoline have risen up considerably reaching on an average over $ 3.00/gallon (EIA-Energy Information Administration).Oil is considered as the main element in the tires production. With the increase in the oil prices, the cost and expenditure in making the tires escalates, the cost to heat up or cool the manufacturing plant where tires are produced increases, and eventually escalates the expenditure of shipping the tires to further destinations. Because of the rise in the price of petroleum, the tire makers are also increasing the price of tires. The automobile sector is affected by both, tire production and gasoline prices as the profit margins are affected by the rise in oil prices and tire production prices. The automobile industry catastrophe, currently worldwide phenomena, started during 2008-H2. The automotive sector is going through a crisis condition in US and Canada because of the Automobile products Trade Agreement. Nevertheless, all auto makers worldwide, especially in Japan and Europe are also facing the same crisis. The first fragile connection in the auto sector was the record high petroleum prices during 2008 which caused global oil crisis and made fuel costs and expenditures unreasonable, causing buyers to opt for smaller cars rather than larger SUVs (sports utility vehicles) and the pick up trucks. Background of Pakistans Automobile industry The global oil crisis has affected Pakistan economy severely. Automobile sector has been greatly impacted by the oil price shocks. There had been consistency in the Gross Profit Margin of Pakistans Automobile industry. It raised from FY01 (6.83) to FY03 (13.73).Then had a downward slope for two consecutive years to 12.17 (FY05), then remained stable for two more consecutive years (FY05 FY07).Since FY07 there has been a constant downward slope, reaching 6.14 (FY09) the diminishing Profit margin was because of the ever escalated cost of goods sold. The risen up cost is primarily due to the global oil price shocks and the high depreciation value of Rupee. The escalated costs were also linked to the high inflation rate during FY09. 2.0 LITERATURE REVIEW Escalated oil prices have been accountable for periods of extreme inflation, recessions, and lower productivity and reduced economic growth. For the Automobile manufacturers the fuel price debate is nothing new. Due to predefined end of petroleum resources, the automakers have come up with various strategies to avert any sudden need for action. However till now, no one has clearly defined the oil supply definitive end. Kiseol Lee and Shawn Ni analyzed the effects of oil price shocks on demand and supply in automobile industry depicting the effect of oil price shocks mainly reducing demand. They suggested that oil price shocks influence economic activities. The first OPEC oil embargo in early 1970s has led to the start of debate over the oil shocks and its Macroeconomic effects. The most comprehensively surveyed theories on the direct consequence of oil price shocks incorporates that an input-cost effect, that higher energy cost lowers usage of oil which in turn lowers productivity of capital and labor; and an income effect, that higher cost of imported oil reduces disposable income of U.S. households. (K.Lee, 2002) According to an editorial in 1973-1974 oil crises: Automobile sales, especially for standard and medium-sized cars, began diminishing almost with the first realization that the energy crisis is reality. The trade-in value of big gas-guzzlers toppled unmercifully and some dealers were threatening not to take them in trade at all. Gasoline mileage, not size and comfort suddenly became the paramount concern for the consumer. (Wards Auto World) K.Lee contrasted to the situation in the petroleum refinery and industrial chemical industries which were bothered by the escalated cost of fuel, research in trade papers proposed considerable indications that the automotive industry distraught by the two fuel price shocks mainly due to the demand for larger vehicles stabbed. The effects of oil price hikes for nearly all other industries are less severe and intricate. The writings in trade journals of rubber, metals and other machinery industries often cited that the major factor of soggy economical activity is the dejected and depressed automotive market, however the highlighted that various sectors of these industries have also gained benefit from augmented economic activity in energy exploration and protection.(K Lee ,2002) The steel sector was adversely affected by the hunch in automotive sales. According to the Wards Auto World, Chemical week and Industry Week magazines, the oil prices crunches lowered the demand for the metals by their effect on automobiles, housing and consumer durables. Globally, the auto mobile assemblers are facing financial crisis at their worst which is eventually leading to recession. In the same way , as Pakistan s Auto Market is an export driven industry which attracts both foreign and locals investments, therefore is facing decreasing sales and production level and depicting a depressing future. Because of the present critical situation prevailing in the automobile sector, many companies are on the threshold of economic failure and bankruptcy. K Lee discussed that after an oil price shock, demand for vehicles is destabilized in view of the fact that a prospective new car holder may go for other ways of transportation to save the operating expenditure of vehicles, or delay buying a new car because ambiguity about future energy prices makes it difficult to come to a decision which type of automobile to purchase. Increase in Oil price also alters the composition of the automobile demand. As compared to the small-size cars, the demand for full-size cars is much more destabilized. The U.S. auto makers suffered more ruthlessly from rising and falling oil price because they manufacture inconsistently more full-size cars than their overseas competitors. Hamilton in 1988 mentioned in his writings that the oil crisis stimulate recessions primarily because a sharp increase in oil price escalates ambiguity and elevates operating costs and expenditures of several durable goods, which diminishes demand for durables, venture and investments. (Hamilton 1988, 1999). Brad M. Barber, Reid W. Click, Masako N. Darrough analyzed and empirically estimated the degree to which exchange rate and oil price alterations have contributed to this market swing. Increase in oil prices diminishes the amount of vehicles sold by the US auto makers, but conversely to the common idea, had minor effect on the Japanese auto mobile makers .That oil price effect reported 6.5 percent of the variance of alteration in monthly sales volume for US automobile manufacturers. They also discussed that productions costs are affected by oil prices hikes. For their research they used VAR to highlight the environmental issues that influence the cost of manufacturing and demand in the automobile industry. They clearly account for the effect of oil prices and exchange rates on manufacturing costs and the impact of oil prices and income on the demand for vehicles. Their outcomes suggested that the all the considered macroeconomic variables affected sales volumes as forecasted by the model they used. With reference to oil prices, escalated oil prices have certainly led to turn down in sales by the U.S automobile manufactures. Hamilton proposed that financial slumps tend to emerge after oil price trends. In particular, the worldwide inflationary strains of 2008 became rigorous with the spikes up in fuel prices shocks in the global financial system including Pakistan. Fuel prices with respect to domestic currency emphasized the fact that the delivering channels of global shocks via exchange rates variations put down major effects on the domestic inflation within the economy. According to Hamilton, the variations in oil prices in local currency are inflated and unpredictable in contrast to the variations in prices of oil in dollar terms particularly in 1999 and onwards. This underlines the details that the impacts of external oil price shocks have considerable effect upon local inflation via exchange rate variations in the economy (Hamilton, 2005). Bresnahan and Ramey discussed that the OPEC oil price shock in US during 1973 had major impact on the U.S auto mobile industry. It amplified the demand for smaller, fuel efficient cars and at the same time condensed the demand for larger cars. As the funds, financial stock and labor force were basically bound for the manufacturing and production of larger cars, therefore the U.S automotive companies were inadequate to respond to this oil price shock. As a result, capacity consumption, utilization and the output cut down during the period of Oil price shock. Only few plants were equipped to produce the small cars, manufacturing and operating at their peak capacity. (Bresnahan and Ramey ,1993). Steven J. Davis, John Haltiwanger studied the impact of oil price shocks on the creation and devastation of American automobile manufacturing employment from 1972 to 1988. The oil price shock unfavorably had an effect on the proximity between the preferred and actual characteristics of factor contributed in the automobile industry along different dimensions. Firstly, a large amount of the physical resources in the auto industry was devoted to the manufacture of larger cars instead of the smaller ones. Secondly, the American automobile labor had built up proficiency that was skilled and specialized in the manufacture and production of particular car models, and these were likely to be larger vehicle models. In Pakistan also the increase in oil prices had impact on many enterprises. Many different small to medium Automobile companies in the manufacturing sector are facing a severe threat of downsizing, closures, layoffs and limited production cuts due to an abrupt rise in their cost and expenditures of doing manufacturing and a significant reduction in their car sales. According to the owners of different small automakers, the sales of different auto parts have plunged downwards to 30%-in proportion to the reduction in the car sales. The overall margins have also dropped down. With reference to the statistics of Pakistan Automotive Manufactures Association, car sales during the period of 2008-09 positioned at 82,844 units, which were declined by 48% from 164,650 units in the 2007-08. According to Birol and Keppler (2007) the association between mobility, calculated as time spent in movement, and economic output is more stable than the relationship between output and fuel utilization, partly due to increased possibilities of substitution between the latter. This examination bears a significant policy lesson: relative price changes to decrease energy consumption per unit of output are most effective where possibilities for substitution are highest. (Birol, Keppler, 2007) Storchmann (2005) employed a pooled model to calculate approximate average fuel utilization using various explanatory variables such as, population, private income, urbanization rates, density, oil prices and automobile expenditures. The sales of automobile sector is affected by all these variables. Thomas Klier and Joshua Linn estimated the impact of the price of gasoline on the demand for fuel efficient vehicles. They institute the idea that gasoline prices considerably influence the new auto market and the price escalations explained almost half of the down turn in market share of U.S auto firms. The outcomes suggested that consumer demand reacts when the price of gasoline increases or rise up during 1970s and near the beginning of 1980s. During stable prices in the middle period, the sales had a negligible effect by the prices of gasoline; their results were steady with casual observation of the new auto market. Hamilton (1988) used a model called sectoral shifts that elucidated how an oil price slog might lower real GDP. The primary propagation method in this model is that an oil price escalation will lower consumer buying power of energy-using commodities such as automobiles. Goldberg (1998) determined the rebound effect by means of the Consumer Expenditure Survey for the years between 1984-1990, as an ingredient of a bigger equation system that also forecast the effect of oil on automobile sales and prices. Lutz Kilian in 2007 used Regression analysis to discuss that Automobile purchases were by far the most responsive expenditure item when the oil prices fluctuates. Purchase of other durables goods for instance appliances or furniture; by contrast, are far less responsive to energy price swings. Spending on public transportation and on food at home are few of the expenditure items that privileged from unexpected elevated energy prices. There will be a demand side impact of oil price increases. When oil prices rise, consumers are likely to delay or postpone their purchasing durables such as automobiles. This demand side impact leads to relative increase in inventories to sales and then decline industrial production. 4.0 RESEARCH METHOD The objective of this study is to determine the impact of local oil prices on Pakistans Automobile sales. The research is exploratory in nature and relied on secondary research and data collection, reviewing available literature and data. The sample data consists of five years monthly oil prices; taken from OGRA (Oil and Gas regulatory authority), and five years monthly auto sales; taken from PAMA (Pakistan Automotive Manufacturers Association.) An extensive secondary data analysis was done where the impact of oil prices were observed and the related research were also examined to find out the linkages of the oil prices with the auto sales, data analysis was done through Ms-excel. The statistical tool used is regression and correlation. The tables were also generated through Ms-Excel 2007 version. 5.0 HYPOTHESIS TESTING The purpose of this research is to find the relationship between Local oil prices and the Pakistans auto industry sales. Globally, researchers have observed that oil plays a major role in impacting the Automobile industry sales. In our research we are also testing the following hypothesis. H1: The local oil prices have a direct impact on Automobile sales in Pakistan. 5.1 INDEPENDENT AND DEPENDENT VARIABLE 5.1.1 Independent Variable à ¢Ã¢â€š ¬Ã¢â‚¬Å" domestic oil prices In Pakistan, the oil prices passed through to domestic consumers is determined by Oil and Gas regulatory authority (OGRA) and although the oil price in international oil market fluctuates on a daily basis, in Pakistan the pass through is carried out after every 15 days. The international oil prices impact almost every sector of the country from transportation to the Agriculture. Hence oil is the backbone of every sector of the economy and plays an important role in the development of any economy. 5.1.2 Dependent Variable à ¢Ã¢â€š ¬Ã¢â‚¬Å" Pakistans Auto mobile Sales Pakistans automobile sales were taken from PAMA which is a registered Pakistan Automobiles Association company. The global oil crisis has affected Pakistan economy severely. Automobile sector has been greatly impacted by the oil price shocks. 6.0 DATA ANALYSIS: The data analysis was done through Ms-Excel 2007, Correlation and Regression analysis was done to find out the relationship between the two variables. The monthly local oil prices were compared with the monthly automobile sales. The regression Analysis was done to determine if escalation in oil prices affects the sales of automobile industry or not, to find out this the following equation has been used Y = a + bx Here Y= auto sales And X= oil prices Sales = f (oil price) S=16,150.92-32.03(oil price) Negative sign of X intercept shows that the result is inline with the literature review i.e. with the increase in oil prices, automobile sales is declining. However the relationship is insignificant because P value is 0.51 (greater that 0.05).Therefore, the research hypothesis has been rejected and there is no relationship between oil prices and sales of auto industry. Table 6.1 ANOVA and level of Significance ANOVA df SS MS F Significance F Regression 1.00 7,521,403.95 7,521,403.95 0.44 0.51 Residual 55.00 939,576,283.03 17,083,205.15 Total 56.00 947,097,686.98 Table 6.2: Regression Statistics of the tested variables Multiple R 0.09 R Square 0.01 Adjusted R Square (0.01) Multiple R is 0.09 which means the correlation between the two variables is negligible. R square is also 1% which also indicates negligible effect of oil on the auto sales .Y intercept signifies that if oil price is 0, still the auto sales will be 16,150.92 units. Whereas, the slope indicates that with the increase in oil prices, the auto sales will decrease with 32.03 units. Log of both the variables was tested in order to find out the linearity, but no such relationship exists between the two variables. 7.0 CONCLUSION IMPLICATIONS The purpose of this study is to find out the effect of local oil prices on automobile sales in Pakistan. After conducting this research the results indicates that there is no significant impact on the Auto sales when the oil price changes. The escalation in the petroleum prices plays a major role in the automobile industry worldwide. When the price of oil increases, it evidently alarms the automobile industry because the auto companies are in the competition with one another to fulfill the new demands for more fuel efficient consumer mindful at condensed price. Furthermore, rise in the petroleum prices also impacts the kind of means of transportation demanded by the buyer and the way those vehicle motors are designed. However after studying the oil price impact on Pakistans automobile industry sales the research concluded that the relationship of oil prices and auto sales does not exists in Pakistan. The result shows that the correlation between the two variables is very minor and the significance value F indicated that there is no linear relationship between the two variables.