Monday, September 30, 2019

Price Hike

India is facing many serious problems nowadays, but the problem of price-rise is the most serious one. It is very common these days. The prices of essential commodities are going higher day by day. India is passing through a very hard time nowadays. The problem of prise-rise has become very serious. The government is unable to control the prices of necessary goods. The rise in prices is natural in a developing county like India. But when it goes out of control, it causes great difficulties for the masses. If the problem is not tackled in a proper way, it may take a serious turn. There are many causes responsible for rise in prices. Such rise in prices might be due to natural calamities like floods, earthquakes and famine and also wars. The three wars between India and Pakistan and one between Indian and China since. 1962 have largely affected Indian economy. The other reasons of the soaring prices may be bribery, corruption, black-marketing, hoarding, smuggling, profiteering and many other anti-national and anti-social tendencies. The pressure of population growth is also one of its causes. The most important factor which is responsible for price-rise is the mentality of the people to become millionaire in a night. High prices have very bad effect on the people. These rising prices increase the cost of living. It is deplorable that a small group of businessmen earn a lot of money by unfair means of hoarding essential goods. Owing to this tendency a vast majority of people have to suffer untold hardships. If the present position continues, the middle-class people will not be able to maintain their position in society. The government is aware of this problem. A number of measures have been taken by the government. It is also trying to increase the production of essential goods. The distribution of these goods has also been made fair and effective. The burden of taxes on the middle-class has been lessened. But rising prices can be checked only when the people co-operate with the government. The hoarders and the black-marketeers should be severely punished. Growth of population should be checked. Public sector should be encouraged. The government should take over the trade of essential goods. The government should find out ways and means to increase the production. There should be balance in supply and demand. Only the combined efforts of the government and the people can solve the problem

Sunday, September 29, 2019

Scanning the Business Environment

The ability to think and plan for the future in a manner that is strategically advantageous for the firm requires many creative techniques. Even though some of these techniques may prove to have better and more obvious advantages, many strategists prefer to use all of them to gain different insights into the data presented to them. The variety of perspectives that these different techniques provide enables strategists to develop strategies that encompass a variety of problems and opportunities. They can then foresee many contingencies or issues and make plans to take account of them in their plans for the future of the company. Some of the techniques used include extrapolation, brainstorming, Delphi Technique and scenario building. Brainstorming is the most widely used extrapolation technique due to its incredible array of advantages. Some it being that it enables constructive criticism on the spot for all ideas and those ideas that cannot ‘stand the heat’ buck out. It enables many heads to come and focus on one core issue and bring in their various expertises onto the table. Linneman & Klein, December 1983). Delphi method is a different type of brainstorming where in different experts are presented with the same problem and asked to present their opinions, assumptions and solution based on their understanding of the problem at hand. Delphi Method is peculiar in the sense that the individuals do not meet face to face unlike in brainstorming sessions where in all members constructively criticize each problem and propose a final outcome via consensus. Morgan, Hunt, 2002) In Delphi method there is no face to face interaction at all and individuals are asked to report their findings to a coordinator who then compiles and resends the findings to the individual members who then submit recommendations till a final consensus is achieved. This method takes much more time to reach a consensus due to the fact that there is no face to face interaction and a coordinator has to be present to compile data. Its advantage on the other hand is that individuals are allowed to present their completely developed ideas without being interrupted and criticized (Linneman, Klein, December 1983). Prediction via extrapolation techniques involves having a set of variables, independent and dependent and then using them to logically calculate the unknown independent variable. Mathematical calculations can be easily used to solve typical ratio or linear problems but since all relationships are not linear or so easily defined it comes down to the interpreter’s capabilities to understand and rationalize a problem. One can either use mathematical representation to solve such problems or they can also be solved graphically which is why their solution and interpretation are very easy to get compared to other predictive techniques. Scenario building as a predictive technique also has its own advantages whereby individuals run marketing analyses of environmental contexts and this analysis leads to the determining of various marketing strategies for response, action or selection. The chosen strategies need to fit or be adaptive of the changing environments (Morgan, Hunt, 2002). References: Morgan, Hunt, Robert E, Shelby D. (2002). Determining marketing strategy: A cybernetic systems approach to scenario planning. Emerald, 36, Retrieved June, 23, 2009, from http://www.emeraldinsight.com/10.1108/03090560210417264 Linneman, Klein, Robert E., Harold E. (December, 1983). Long Range Planning: The use of multiple scenarios by U.S. industrial companies. Science Direct, 16, Retrieved June, 23, 2009, from http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6V6K-45K4MP1X8&_user=10&_rdoc=1&_fmt=&_orig=search&_sort=d&_docanchor=&view=c&_searchStrId=937302876&_rerunOrigin=google&_acct=C000050221&_version=1&_urlVersion=0&_userid=10&md5=f65f1a945e8f0c0751487b5d823e974e

Saturday, September 28, 2019

An analysis of a TESOL learning activity Essay Example | Topics and Well Written Essays - 500 words

An analysis of a TESOL learning activity - Essay Example Many had not considered a career at all. This is most likely because they did not have any experience of guided career exploration before making these choices, or being unsure about doing so. After completing the activity, the students attitude towards choosing a career as well as the appropriateness of the career they chose to pursue were measured by student interviews. Most students showed an increased awareness in choosing careers that were better culturally fitted to their own lifestyles and skill sets, including their English language acquisition. There was also a noticeable difference in the confidence level of each of the participants in regard to how they felt about entering the world of work. Many students came into the program somewhat reluctant to complete mock interviews and share resume writing skills. Most of these students, however, were eager to share their testimonies on how the program had changed their perception of themselves as well as their career goals by the e nd of this six week activity.

Friday, September 27, 2019

Ricardo and Marx both had theories of a falling tendency of the rate Essay

Ricardo and Marx both had theories of a falling tendency of the rate of profit in the development of capitalism. What were the different theoretical bases for t - Essay Example It ws, rther, the expression under cpitlism of the incresed productivity of lbour. ccording to Mrx, lw of the tendency of the rte of profit to fll (LTRPF) is theory developed by Mrx in the third volume of Cpitl to explin the occurrence of economic crises within cpitlist economies. ccording to the LTRPF, s cpitlists invest in ever more cpitl-intensive production, the rte of profit flls, since profit cn only be generted from the surplus vlue extrcted from living lbor, which is declining proportion of the cpitlist's outly. However, securing lrger shre of the mrket offsets the lower rte of profit for the individul cpitlist. Eventully the flling rte of profit wekens the incentive to ccumulte on the prt of the cpitlists until eventully the mss of profit begins to stgnte. t tht point n economic crisis begins s cpitlists decline to invest. The LTRPF explins long-term fluctutions in cpitlist economies. There my be long periods of expnsion before the LTRPF ffects the mss of profit, during which the effects of the LTRPF cn be offset by vrious countercting tendencies, such s lower wges nd incresed intensity of exploittion in the lbor process. Eventully, however, there will be period of stgntion nd crisis in which lrge proportion of existing cpitl is destroyed before reinvestment nd renewl cn strt over gin (see Shikh 1991). The importnce of the LTRPF for Mrxist poli... The LTRPF ws of prticulr significnce in this regrd in the 1970s nd 1980s, when it ws widely rgued, nd sometimes ccepted on the Left, tht the economic crisis nd unemployment of the time resulted from excessive wge demnds tht hd generted infltion. Proponents of the LTRPF could mintin tht economic crises would occur even if workers ccepted the cpitlists' clls for wge cuts. If it is ccepted tht the LTRPF is inherent in cpitlist economies, nd tht crises re unvoidble, then the only wy to prevent further crises is to remove the constrints of cpitlism (see Hrmn 1984; Mndel 1981). Citing Mrx in the Cpitl, "the progressive tendency of the generl rte of profit to fll is, therefore, just n expression peculir to the cpitlist mode of production of the progressive development of the socil productivity of lbour. This does not men to sy tht the rte of profit my not fll temporrily for other resons. But proceeding from the nture of the cpitlist mode of production, it is thereby proved logicl necessity tht in its development the generl verge rte of surplus-vlue must express itself in flling generl rte of profit. Since the mss of the employed living lbour is continully on the decline s compred to the mss of mterilised lbour set in motion by it, i.e., to the productively consumed mens of production, it follows tht the portion of living lbour, unpid nd congeled in surplus-vlue, must lso be continully on the decrese compred to the mount of vlue represented by the invested totl cpitl. Since the rtio of the mss of surplus-vlue to the vlue of the invested totl cpitl forms the r te of profit, this rte must constntly fll." (Krl Mrx, Cpitl Volume 3, chpter 13) In nutshell, this lw sttes tht the tendency of the socil cpitl to

Thursday, September 26, 2019

Referee report for paper Essay Example | Topics and Well Written Essays - 2000 words

Referee report for paper - Essay Example Each group occupied different geographical locations in the country. Autocratic form of government did not change even under president Jomo Kenyatta, but transitions came after the second president, who turned it into democratic government. However, during the autocratic form of government, ethnic favouritism was highly practice by political leader. This is supported by the data on road building, found across various districts in Kenya during the period of 1963 to 2011. The data indicates that across the 1963-2011 periods, the co ethic districts with the president received more roads expenditure as compared to non co-ethnic group. However, the new democratic government changed these kinds of biases and brought a lot of changes in the country that led to economic growth (Schwartzberg, 1987). This paper has clearly revealed the importance of democracy in Kenya, a country which is vulnerable to ethnic favouritism. It has defined the term ethnic favouritism and examined the effects it ha s on the country’s economy. According to the paper, ethnic favouritism has being used in most developing countries by political leaders. However, the way this paper has examined the efforts of reintroducing democracy in order to tackle ethnic favouritism, is quite interesting. It has also provided evidence to illustrate how ethnic favouritism is practiced in developing countries. ... For instance, according to ethnic data it is reported that Kikuyu consist of 18.8%, Luhya 12.7%, Kalenjin 10.8%, and Luo 13.4% (Anderson, 1999). During the pre colonial period, these ethnic groups did not exist because the authority at the time was personal and local. However, after independence new rules and leaders emerged and led to development of provincial administration. This administration divided the country into provinces, districts, divisions, sub locations, and locations. Ethnic homogenous districts, therefore, emerged in the course of the country’s evolution, leading to segregation and geographical targeting by various races to form ethnic groups. 2. Ethnic favouritism as a political strategy The paper reveals ethnic favouritism as the main strategy used by political leaders in many developing countries. Political leaders may use ethnic favouritism with the fear that without proper tactics in political games, they may lose their positions to other competing politic ians. They, therefore, believe that practicing ethnic favouritism increases strongholds that propel them to higher positions in the government (Anderson, 1999). However, since ethnic favouritism is a political game, I would expect the author to elaborate more on the issue. For instance, explaining how politician utilizes ethnic favouritism in weakening their political opponent through silencing their ethnic groups. This can be done through weakening or shutting down the electoral institutions. If a political leader practices ethnic favouritism then he or she is unaccountable and unrepresentative to his or her own people. This is because there are a few people who are favoured while others are being taxed, yet these leaders manage to remain in power for decades. It is possible for a president

Wednesday, September 25, 2019

Equal Protection Essay Example | Topics and Well Written Essays - 1500 words

Equal Protection - Essay Example In regard to this clause, the amendment acknowledges that all people get created equal and should be treated as such. The clause further acknowledges the three fundamental aspects of human beings as life, emancipation and search for happiness (Lee, 2003). It is worth seeking the background of equal protection in the US. The idea started back in 1766 when Thomas Jefferson and the American colonists declared the hidden truth about human equality. However, the meaning of this concept was never clearly understood by people at that time. Slavery got incorporated in all systems of the United States including its economy, political and community relationships. A constitution got drafted in the US that allowed slave masters to involve in the slave trade with black slaves getting regarded as personal property owned by slave masters (Peoples & Bailey, 2012). The fourteenth amendment of the US constitution provided the most fundamental civic rights in the history of the US in regard to equal pr otection by the law. Section I of the amendment states that all individuals born or who got naturalized in the United States are citizens of the country. The amendment further acknowledges that none of these citizens should be deprived of any rights provided in the amendment in respect to equal protection (Lee, 2003). ... It, however, remained the center of civil rights movements during and after the Second World War. Black people in the US could enjoy their civic rights as it was the case with any other citizen. The law provided affirmative action that sought to promote equal treatment and concern for all races in the country (Lee, 2003). The equal protection clause came during a period referred to as the Reconstruction era in the US. During this period the South came under military occupation from the North. This resulted in black Americans realizing some short term benefits as a result of the situation (Peoples & Bailey, 2012). Black people could be elected to office in state governments as well as the federal government. Among some of the most famous accomplishments of the black people was one African American who managed to get a seat on the South Carolina Supreme Court. Race-Based Classifications Traditionally, race and nationality were the only classifications that could be made of people. Alth ough, with time other approaches got adopted, classifications based on race have remained prevalent in America. In 1977, the Office of Budget Management issued the race and ethnic standards that were to be used for federal statistics and administrative reporting. Prior to issuing these standards, OMB sought public opinion on the standards and their efficiency in reflecting the national outlook and expectations of the people of United States. Since 1960’s the federal government has collected statistics on race and ethnicity during its census. This data has proved vital in addressing civic issues such as employment, voting rights, housing and mortgage lending, as well as healthcare services. However, this data has not always served its purpose efficiently. In recent times,

Tuesday, September 24, 2019

Cultural Anthropology Essay Example | Topics and Well Written Essays - 500 words - 3

Cultural Anthropology - Essay Example I have seen tourists, however, who travel to distant lands, but still eat their own national food and speak their own languages. This is because they do not know how to observe and learn from other cultures. Anthropology teaches the skills of learning from others, and seeing difference as something positive. Anthropology is showing me that people are going to have to learn to adapt to new working conditions in the future. I am worried that some people will not handle unemployment very well, and they will not be able to find work because manufacturing is disappearing in some countries. I would like work in an area like job and skills training so that I can help people to adapt to the technology and other skills they will need. I think it is not just about learning to use the computer or understanding the information that comes through different media. I think people will have to learn to cope with being alone in their homes, and working from there, for example, because there is going to be too much pollution with transport to and from large cities. This means that people need to learn how to have a social life that is not connected directly with the place of work. They might have to find virtual friends, or create a different society for home workers. I can remember the first time that I was in a large group of native English speakers. My English was not very good, and suddenly I was afraid of that situation. The reason for my fear was that the people were talking very loudly, and laughing with each other. I thought they were rude, and I did not want to be a part of the group. This made me miserable. If I had known about anthropology back then, I would have realized that I was making a big mistake. I was applying the rules of my culture to a different situation. The truth is that actually they were not rude. They were just being friendly. When they call each other names and push each other around, it is just the way that they have of

Monday, September 23, 2019

Entrepreneurship and Enterprise Portfolio Essay

Entrepreneurship and Enterprise Portfolio - Essay Example ess of the shopping malls all over the UK, the Metrocentre has been ranked 2nd in 2011 (Metrocentre 2012, Capital Shopping Centres 2012, Wood 2011, Capital Shopping Centres 2011). Apple’s presence can also be seen in Metrocenter’s lower red mall. The company sells its products and applications to its customers through its retail shop. Apple faces less competition in the shopping center since its major competitors, like Samsung, Microsoft, Dell, etc. are not present in the mall (Metrocentre 2012). Body shop is a world renowned fragrance seller and the company sells its products in different parts of the world. The company faces competition from other competitors like The Fragrance Shop (Metrocentre 2012). Barclays bank offers cash withdrawal facility to the customers who visit Metrocenter. There is only one ATM point placed by Barclays in the shopping mall in the Upper Red Mall. The bank is in direct competition with Lloyds TSB as it has also placed its ATM machine in the mall (Metrocentre 2012). Burger King, as the name suggests, is a burger expert which offers burgers in different varieties to its customers. Burger King is in direct competition with McDonald’s and KFC particularly. Moreover, it is in indirect competition with other restaurants operating in the mall. It is located in Lower Blue Mall (Metrocentre 2012). Cafà © Nova, which is engaged in the restaurant business, is also operating in the Metrocenter. The Cafà © provides different food items and beverages to its customers. The competition faced by the Cafà © is direct with other Cafà ©s situated in the mall. Cafà © Nova is located in Upper Green Mall (Metrocentre 2012). Claire’s offer accessories for women and children, which also include jewelry items for ladies. The retail outlet of Claire’s is situated at Lower Blue Mall in the Metrocenter. Claire’s is in competition with competitor like Pandora and others operating in the mall (Metrocentre 2012). Clarks is situated at Lower Red Mall in

Sunday, September 22, 2019

Guidelines to anthropology influenced Essay Example for Free

Guidelines to anthropology influenced Essay Durkheim tells that ‘social facts’ means nothing but sociological data. These facts are normal ways of thoughts and acting each member of society feels forced to conform. In these facts personal qualities of individuals are irrelevant. These ‘facts’ belong to the whole of thoughts, sentiments and actions; these cannot be reduced for the individuals in whose behavior they manifest themselves. In terms of individual psychology, collective believes and behavior can’t be explained by some tokens. Durkheim states that individuals want new social psychology, for only the social can explain the social. Durkheim persist that to understand on set of social phenomena, kinship and marriage are to be understood in field of economics, religion etc. This is the essence of functionalism. The above aspect of the work of French sociologist created the origin of the British social anthropologists. Thus, with the coming of ‘structural-functional’ school in Great Britain. In the real sense of development ‘modern social anthropology’ was emerged. At this time, students of Malinowski and Radeliffe-Brown have provided new types of data. By the observed field data, Malinowski and Radeliffe-Brown gave new guidelines to anthropology influenced by Emile Durkheim (Srivastava, 2005). Functionalism theory was developed by Bronislaw Malinowski who was influenced by Durkheim. Emile Durkheim says in his sociology as society is a unit and there is a necessity of perpetuation of society in itself. Malinowski theory of functionalism was developed based on Durkheim’s sociology. Malinowski treated Durkheimian as origin of his theory with the difference of cultural aspects in his method. Durkheim expanded his theory from the top down that means he discuss about social aspects first and the features of psychological are discussed after that and more part of that theory integrated with social facts. Though Malinowski developed the theory based on Durkheim’s theory, his theory is bottom up and elaborated from the psychological aspects to cultural aspects (Worsfold). The functionalism of Malinowski was very much synchronization with sociological theory of Durkheim. Durkheim together with some other authors such as Hubert, Mauss and often Malinowski writes L’Annee Sociologique and it was buildup with some imperative theoretical and methodological aspects of functionalism. The writings of Malinowski were unequivocally influenced by Durkheim. Malinowski (1944b:19) says â€Å"Durkheim for one-sided arguments, metaphysical bias and an idealistic vision of social reality†. But Malinowski saw Durkheim as the organizer of French Sociology and anthropology. Durkheim’s main context was the cultural phenomena. So it was more important to cultural aspects of Malinowski and Malinowski said â€Å"the full scientific understanding of culture as a specific phenomenon†. Malinowski still accepted the Methodological hypothesizes of Durkheim were very vital involvement in the improvement of social anthropology. Through the opinions and proceedings of Durkheim to sociological objects was balanced with the exertions of Malinowski (Ellen 1988). Marcel Mauss was the nephew and also student of Durkheim. He was developed sociology together with Durkheim. The inquiry of anthropology disturbed with the materials of social amalgamation tumble down from the activities of Durkheim who was the educator and French sociologist. This was passed from Durkheim to his student Mauss. Durkheim and Marcel Mauss are in the same way of sociology. But Mauss never wrote any book regarding to the subject of religion like Durkheim’s attempt in â€Å"The elementary forms† (James, Mauss Allen, 1998). Reference: Ellen,R. F. (1988) Malinowski between two worlds: the Polish roots of an anthropological tradition New York, NY: CUP Archive James, W. Mauss, M Allen, N. J. (1998) Marcel Mauss: a centenary tribute. Berghahn Books. Srivastava, A. R. N, (2005) Essentials of Cultural Anthropology. New Delhi: PHI Learning Pvt. Ltd. Worsfold, A. Bronislaw malinowski (1884-1942). In change. freeuk. Retrieved from http://www. change. freeuk. com/learning/socthink/malinowski. html

Saturday, September 21, 2019

A Place That Is Important to Me Essay Example for Free

A Place That Is Important to Me Essay I have lived in Bunbury for 15years. My family has occupied the house in which I live for 10years. I have two sisters and two brothers. I am the middle child. I have always felt that my home has been an important place to me. I have countless memories held within these walls, and almost all of them are positive. Home to me, has always been the roof above my head. Recently though, when my elder sister moved out, I have been lost by what home truly means. If I no longer feel a sense of home under my roof, then where is my home? I try to answer this by thinking about the places that are important to me. As I do this I come to the realization that there is no one particular location that screams of an overwhelming importance to me. I have a myriad list of locations that I have felt some form of emotional connection with. But does this mean that all these places are a home to me? Where is my home? Important places to me are those that you don’t think you could live without. When I think of a soccer field, a dancing stage, or a couch to simply lie and have movie marathons on, I don’t think about the location, I think about the people involved in the memories created there. These places are important to me, not because they themselves are important, but because of the amazing memories I have experienced there. So if I were asked if I could live without these places, I would say no. But does that make them all a home to me? And if not, where is my home? Maybe home truly is where the heart is. A phrase I have always thought to be corny, but now however I see some form of factual meaning behind. Home to me is all about that sense of security and love. Knowing that you are wanted. So does this feeling necessarily have to come from a particular location? Could it not be found simply by doing something, or being with someone? And if home can really not be about the walls around you, where is my home? I try to think about when I’ve been my happiest, my safest, when I’ve felt unbelievably accepted and appreciated. I can only here say with complete honesty that I think of my sister. I think of all the fun and laughs we’ve had together. I think about how I feel every time I get to see her, and how I feel every time I have to say goodbye. I’ve come to realize that without her ever-bubbly presence in my life I have changed a lot. I believe that we, as humans, never purposefully change. We simply adjust to new things, and without realizing it we find new people to help us breathe. These people fill me with the utmost joy and security. These people are my home. An important place to me is my home. To have that sense of belonging, and know that there is always someone there to take care of you. That is my home. I have learnt how to cope without my sister, even though it proves hard at times, I have learnt to cope. For as hard as it is to know that she’s not around, I know other people will be. And that’s all I need. That sense of place, to know that no matter where I am or who I’m with, I am loved for myself. That’s what’s important.

Friday, September 20, 2019

Electronic Structure and Spontaneous Polarization in BiFeO3

Electronic Structure and Spontaneous Polarization in BiFeO3 Electronic structure and spontaneous polarization in multiferroic bulk BiFeO3 Z. Mahhouti 1,2,3,* , H. El Moussaoui 1 , M. Hamedoun 1 , M. El Marssi 3 , A. Lahmar 2 , A. El Kenz 2 , and A. Benyoussef 1,2,4 Abstract: The electronic structure, magnetic properties and spontaneous polarization in Bismuth ferrite BiFeO3 are investigated using first-principle calculations. The computed results show that the ground state of bulk BiFeO3 is rhombohedral R3c symmetry with G-type antiferromagnetic ordering and insulating, the computed results are in good agreement with available experiments. The electronic structure has been studied using the full potential linearized augmented plane wave (FP-LAPW) method within generalized gradient approximation (GGA) and modified Becke-Johnson potential (mBJ). Therefore, the finding band gap value is equal to the experimental value (Eg=2.5 eV) and much better than other theoretical values, the local magnetic moment at the Fe atoms reaches the experimental value and it is in good agreement with previously reported theoretical, with the large atomic displacement the modern theory of polarization predicts a large spontaneous polarization in multiferroic bulk BiFeO3. INTRODUCTION The multiferroic term denotes the coexistence of several ferroic orders (ferroelectric, ferromagnetic, and ferroelastic) in one material[1], coupled or not. Multiferroic materials are very rare because the origins of ferroelectricity and ferromagnetism are hardly compatible as shown by Hill et al.[2][3]. However, there are some exceptions such as La0.1Bi0.9MnO3 which is ferroelectric below 770 K and ferromagnetic below 105 K[4]. The definition of multiferroic has therefore been extended to materials with antiferroic orders such as BiFeO3 which is ferroelectric and antiferromagnetic.      Ã‚   Bismuth ferrite BiFeO3 (BFO) is one of the few magnetoelectric multiferroics who has simultaneously ferroelectric and antiferromagnetic orders under ambient conditions of temperature and pressure. Indeed, its high Curie temperature (TC = 1103 K)[5] and Nà ©el temperature (TN = 643 K)[6] provide a wide range of applications at different temperatures[7] such as spintronics, data storage and microelectronic devices[8][9], In addition, a magnetoelectric coupling is possible at room temperature. Recently, BFO has seen a considerable increase in interest since the discovery of a much better spontaneous polarization, greater than 150  µC/cm2, when the material is grown in thin layers[10]. This discovery aroused great enthusiasm among the scientific community who wanted to explain the origin of some phenomenon and explore this material again. The phase diagram established according to the reference[11] shows the succession of three phases with increasing of temperature denoted à ¯Ã‚ Ã‚ ¡, à ¯Ã‚ Ã‚ ¢,and à ¯Ã‚ Ã‚ §, respectively. In its bulk form and at room temperature, BFO has a distorted perovskite structure with rhombohedral symmetry and space group R3c (a = b = c = 5.63 Ã…, à ¯Ã‚ Ã‚ ¡ = 59.4 °)[12][8]. The primitive unit cell contains two formula units (ten atoms), each Fe atom is surrounded by six antiparallel spin neighbors, the magnetic moments are oriented perpendicularly to the [111] direction, which leads to develop a G-type antiferromagnetic order on the whole of the material. However, new observations have revealed that the direction in which antiferromagnetism manifests rotates through the crystal[13]. This noncollinearity propagates within the material with a period from 620 Ã… to 640 Ã…[13][14] and superimposes on the G-type antiferromagnetic order. As the noncollinearity is quite minimal , the simplification to a collinear magnetic structure is possible[15]. In this paper, the noncollinearity effects were not taken during our calculations. Since BFO is grown as a thin layers, the material may undergo a compressive or extensive stress due to the difference between the primitive cell of the material in its bulk form and those of the monocrystalline substrate, the small grown thickness is able to accept any relaxation of the structure. This can cause changes in the structure parameters of the crystal compared to its bulk form. However, other experimental works[16][17] showed that even BFO grown in thin layers, retains its rhombohedral symmetry. For a long time BFO considered too low to be exploitable ( Ps = 6.1  µC/cm2 ) according to the first measurements of Teague et al.[5], the ferroelectricity of BFO was studied again following the results of Young et al.[10] on thin layers of BFO ( Ps = 158  µC/cm2). However, many experimental studies carried out during this period gave a confusing results, the spontaneous polarization varying from 2.2  µC/cm2 [18] to 158  µC/cm2 [10]. The study of the ferroelectricity of BFO is a concrete example to combine experimental results and theoretical calculations. In this case, the calculation methods allow to explain the difference between the first measured values of bulk BFO and those obtained on the same material grown in thin layers. In this paper, we study in detail the magnetic properties of bulk BFO, while considering a G-type antiferromagnetic order. But it is necessary to determine first the electronic configuration and to calculate the band gap, in order to understand and obtain the theoretical model which corresponds to the reality of the material, and then to determine the spontaneous polarization using modern theory of polarization. METHOD The calculations which we present in the remainder of this paper use the density functional theory (DFT) implemented in WIEN2k code. The interactions between electrons and ions are described in the framework of full potential linearized augmented plane wave (FP-LAPW) method. As the 3d electrons in transition -metal Fe atom are incompletely filled, the spin density approximation was employed withinstry the Perdew-Burke-Ernzerhof (PBE) form of the generalized gradient approximation (GGA) and modified Becke-Johnson potential (mBJ). The new version of the exchange potential, proposed for the first time by the Becke and Johnson[19], was recently published by Tran and Blaha[20]. The modified Becke-Johnson potential (mBJ) proposed by Tran and Blaha is: With is the electronic density, is kinetic energy density and is the potential of Becke-Roussel. In this work, the mBJ potential is used in combination with the GGA-PBE approximation to compute the electronic structure, magnetic properties and spontaneous polarization in multiferroic bulk BFO. Our calculations do not include the spin-orbit interactions and the noncollinearity effects. The mesh of the first Brillouin zone in the reciprocal space was carried out using a 4 x 4 x 4 Monkhorst-Pack k-points grid. The structural parameters of BFO in space group R3c ( i.e, the lattice constant and atomic positions ) are considered as calculated by Wang et al.[8] as given from Kubel et al.[12]. The results of relaxing the cell volume, rhombohedral angle, and atomic positions within the R3c symmetry in reference[8] show that there is an alternation of Bi3+ and Fe3+ ions along the [111] axis; Each of these atoms is surrounded by six oxygen atoms, which thus form an octahedron around each cat ion. Inside the octahedron FeO6, the Fe3+ ion is outside the FeO2 plane (forming the base of the octahedron), which leads a distortion of the octahedron. The calculation of the spontaneous polarization using the modern theory of polarization is carried out by determining the difference in polarization between two symmetry (The non-centrosymmetric phase R3c which is ferroelectric and the centrosymmetric phase R-3c supposed paraelectric). In order to evaluate the polarization of the structure studied, we must therefore use a structure (centrosymmetric) as a reference with the same unit cell as the real structure (non-centrosymmetric), but its atomic positions do not induce electrical dipoles. Energetically, these two structures are very close, which confirms our choice of R-3c symmetry as a centrosymmetric reference. They differ by the addition of a center of inversion within the symmetry, and the passage from one symmetry to the other is due to the displacement of the atoms along the [111] direction which is accompanied with a rotation of the FeO6 octahedra perpendicular to the same direction. This evolution of the paraelectric phase t o the ferroelectric phase allows us to explain the birth of ferroelectricity within the bismuth ferrite BFO and to reproduce it efficiently in our calculations. The modern theory of polarization was applied for the first time to compute the ferroelectricity within the cubic perovskite-type KNbO3. The results obtained ( à ¯Ã‚ Ã¢â‚¬Å¾P = 35  µC/cm2 [21][22]) showed excellent agreement with the experimental data ( à ¯Ã‚ Ã¢â‚¬Å¾P = 37  µC/cm2[23]). Other studies were carried out subsequently, confirming the reliability of this method with respect to the experimental reality. Today, the modern theory of polarization is widely used. Results and Discussion Electronic and magnetic properties In this section, we study the electronic structure of bulk BFO in ferroelectric R3c structure, considering the relaxing values of cell parameter, rhombohedral angle and atomic positions by Wang et al.[8]. We computed and plotted the band structure and electronic state densities with the same parameters mentioned at the paragraph II. The band gap value are calculated using mBJ potential in combination with the GGA-PBE approximation, our calculated band gap value is the same as the value measured by Gao et al.[24] from the UV-visible diffuse reflectance spectrum witch is equal to 2.5 eV, our computed band gap is much better than other theoretical works such as Neaton et al.[15] who found an indirect band gap of 0.4, 1.3, and 1.9 eV using LSDA+U approximation with U=0, 2, and 4 eV, respectively. The same for Tà ¼tà ¼ncà ¼ et al.[25] they found an indirect band gap of 0.9, 1.4, and 2.1 eV using LSDA+U approximation with U=0, 2, and 4 eV, respectively. Our band structure results (Fig.1 ) indicate an indirect band gap of approximately 2.5 eV witch is in excellent agreement to the experimental measurement of about 2.5 eV [24][26]. Therefore, this equality between our calculated band gap and the experimental value confirms the insulating character of bulk BFO. In order to understand why the magnetic moments of the Fe atoms were arranged antiparallel within bulk BFO, we relaxed it according to different magnetic configurations: paramagnetic, ferromagnetic, and antiferromagnetic. The ground-state energy of the various possible magnetic configurations shows that the G-type antiferromagnetic configuration is the one which offers the material its greatest stability. FIG. 1. Calculated band structure for rhombohedral BiFeO3. FIG. 2. Calculated total density of states for rhombohedral BiFeO3. Calculated density of state (Fig.2) for R3c BFO indicates an identical distribution between electronic states up and down, which clearly exhibits the antiferromagnetic order of the material, in this case the antiferromagnetic order can only be G-type. The Fe atoms along the [111] axis have a local magnetic moment of 4.02 ÃŽÂ ¼B comes from 3d states, this value is much better than 4.25 ÃŽÂ ¼B and 4.17 ÃŽÂ ¼B reported by Tà ¼tà ¼ncà ¼ et al.[25] using LSDA+U with U = 4 and 6 eV, respectively. Therefore, our computed local magnetic moment of Fe atoms is very close to the measurement value of about 3.75ÃŽÂ ¼B [27]. FIG. 3. Atomic projection of electronic PDOS for rhombohedral BiFeO3. Figure 3 shows atomic projected electronic density of states (PDOS) around the ban gap region for both spin channels. The results suggest that the valence band are predominantly formed by Fe 3d states, hybridized with a contribution from O 2p states. Conduction band states are occupied by a large amount of Fe 3d states, hybridized with a small contribution of Bi 6p states that also contains a significant amount of O 2p states. Spontaneous polarization The spontaneous polarization was calculated within bulk BFO using the ferroelectric structure R3c and the hypothetical centrosymmetric phase R-3c. The centrosymmetric phase must be judiciously chosen, in order to found the difference of ferroelectric polarization between the centrosymmetric and non-centrosymmetric phases less than the quantum of polarization, Where is the electronic charge, is a lattice vector in the direction of polarization, and is the volume of the unit cell. Our calculations have shown that centrosymmetric phase R-3c is the structure closest to the ferroelectric structure R3c, both energetically as well as structural. This symmetry differs from the R3c only by the addition of a center of inversion. The transition from the paraelectric to the ferroelectric phase was characterized by a large displacement of the atoms along the [111] axis and a rotation of the FeO6 octahedra. Therefore, we expect that the spontaneous polarization develops along the [111] axis. In order to calculate the difference of polarization, we have considered that the transition from paraelectric to ferroelectric phase was done adiabatically and continuously. In this way, each atom moves along a path divided into segments of equal length. This method allowed us to follow the evolution of the spontaneous polarization during the whole paraelectric-ferroelectric transition. Throughout the paraelectric-ferroelectric transition, it is imperative to avoid any external contribution to symmetry, such as compression or expansion of the unit cell (in this case we do not calculate the real spontaneous polarization). For this reason, the structures used for our calculations have the same cell parameters, only the atomic positions were shifted. The modern theory of polarization compute the both, ionic and electronic contribution to the spontaneous polarization using the sum of the Wannier centers of the occupied bands. Our results showed that the spontaneous polarization developed along three directions, and was 58.8  µC/cm2 along each axis, resulting a spontaneous polarization of 101.1  µC/cm2 along the [111] axis which is in full agreement with the spontaneous polarization calculated by Neaton et al.[15] using LSDA+U. Early measurements on bulk BFO single crystals[5] found a small polarization of about 6.1  µC/cm2. On the other hand, many experiment studies on thin film samples of BFO showed a large spontaneous polarization of about 100-158  µC/cm2 [16][10]. The anomalously early value was caused by several explanations. First, the authors[5] indicated that their hysteresis loops were not saturated. Second, maybe the small value limited by the poor of the sample quality. Finally, the third explanation is that the crystal structure is not the same. Recently, Lebeugle et al.[28] have prepared a highly pure BFO single crystal (bulk BFO with a rhombohedral R3c symmetry) and measured the spontaneous polarization, they found a very large value of about 100  µC/cm2 [28] which is an intrinsic property of the bulk BFO, as expected by our theoretical studies. CONCLUSIONS In summary, Bismuth ferrite BiFeO3 is one of a few magnetoelectric multiferroics who has simultaneously ferroelectric and ferromagnetic orders, it has seen a considerable increase in interest since the discovery of a high spontaneous polarization. The first principle calculations with our approximations and parameters chosen allowed us to understand and obtain the behaviors of electronic and magnetic properties which make possible the computing of the right band gap and local magnetic moment. The property intrinsic of the large spontaneous electric polarization in bulk BiFe2O3 showed by recently experiment studies was confirmed by our theoretical investigations using the modern theory of polarization. These good agreements between our theoretical investigation and experimental measurement allow the scientific community to compute other properties and understand the physics behind the measurement at the atomic level. References [1]H. Schmid, Multi-ferroic magnetoelectrics, Ferroelectrics, vol. 162, no. 1, pp. 317-338, Jan. 1994. [2]N. A. Hill, Why Are There so Few Magnetic Ferroelectrics?, J. Phys. Chem. B, vol. 104, no. 29, pp. 6694-6709, Jul. 2000. [3]N. A. Hill, Density Functional Studies of Multiferroic Magnetoelectrics, Annu. Rev. Mater. Res., vol. 32, no. 1, pp. 1-37, Aug. 2002. [4]A. Moreira dos Santos et al., Orbital ordering as the determinant for ferromagnetism in biferroic BiMnO 3, Phys. Rev. B, vol. 66, no. 6, Aug. 2002. [5]J. R. Teague, R. Gerson, and W. J. James, Dielectric hysteresis in single crystal BiFeO3, Solid State Commun., vol. 8, no. 13, pp. 1073-1074, 1970. [6]G. A. Smolenskii and I. E. Chupis, Ferroelectromagnets, Phys.-Uspekhi, vol. 25, no. 7, pp. 475-493, Jul. 1982. [7]M. Fiebig, Revival of the magnetoelectric effect, J. Phys. Appl. Phys., vol. 38, no. 8, pp. R123-R152, Apr. 2005. [8]J. Wang, Epitaxial BiFeO3 Multiferroic Thin Film Heterostructures, Science, vol. 299, no. 5613, pp. 1719-1722, Mar. 2003. [9]Y. Tokura, MATERIALS SCIENCE: Multiferroics as Quantum Electromagnets, Science, vol. 312, no. 5779, pp. 1481-1482, Jun. 2006. [10]K. Y. Yun, D. Ricinschi, T. Kanashima, M. Noda, and M. Okuyama, Giant ferroelectric polarization beyond 150 ÃŽÂ ¼C/cm2 in BiFeO3 thin film, Jpn. J. Appl. Phys., vol. 43, no. 5A, p. L647, 2004. [11]R. Palai et al., ÃŽÂ ² phase and ÃŽÂ ³ ˆ’ ÃŽÂ ² metal-insulator transition in multiferroic Bi Fe O 3, Phys. Rev. B, vol. 77, no. 1, Jan. 2008. [12]F. Kubel and H. Schmid, Structure of a ferroelectric and ferroelastic monodomain crystal of the perovskite BiFeO3, Acta Crystallogr. B, vol. 46, no. 6, pp. 698-702, Dec. 1990. [13]I. Sosnowska, T. P. Neumaier, and E. Steichele, Spiral magnetic ordering in bismuth ferrite, J. Phys. C Solid State Phys., vol. 15, no. 23, p. 4835, 1982. [14]D. Lebeugle, D. Colson, A. Forget, M. Viret, A. M. Bataille, and A. Gukasov, Electric-Field-Induced Spin Flop in BiFeO 3 Single Crystals at Room Temperature, Phys. Rev. Lett., vol. 100, no. 22, Jun. 2008. [15]J. B. Neaton, C. Ederer, U. V. Waghmare, N. A. Spaldin, and K. M. Rabe, First-principles study of spontaneous polarization in multiferroic Bi Fe O 3, Phys. Rev. B, vol. 71, no. 1, Jan. 2005. [16]J. Li et al., Dramatically enhanced polarization in (001), (101), and (111) BiFeO3 thin films due to epitiaxial-induced transitions, Appl. Phys. Lett., vol. 84, no. 25, pp. 5261-5263, Jun. 2004. [17]G. Xu, H. Hiraka, G. Shirane, J. Li, J. Wang, and D. Viehland, Low symmetry phase in (001) BiFeO3 epitaxial constrained thin films, Appl. Phys. Lett., vol. 86, no. 18, p. 182905, May 2005. [18]V. R. Palkar, J. John, and R. Pinto, Observation of saturated polarization and dielectric anomaly in magnetoelectric BiFeO3 thin films, Appl. Phys. Lett., vol. 80, no. 9, pp. 1628-1630, Mar. 2002. [19]A. D. Becke and E. R. Johnson, A simple effective potential for exchange, J. Chem. Phys., vol. 124, no. 22, p. 221101, Jun. 2006. [20]F. Tran and P. Blaha, Accurate Band Gaps of Semiconductors and Insulators with a Semilocal Exchange-Correlation Potential, Phys. Rev. Lett., vol. 102, no. 22, Jun. 2009. [21]R. Resta, M. Posternak, and A. Baldereschi, Towards a quantum theory of polarization in ferroelectrics: The case of KNbO 3, Phys. Rev. Lett., vol. 70, no. 7, p. 1010, 1993. [22]R. Resta, M. Posternak, and A. Baldereschi, First-Principles Theory of Polarization in Ferroelectrics, in MRS Proceedings, 1992, vol. 291, p. 647. [23]W. Kleemann, F. J. Schà ¤fer, and M. D. Fontana, Crystal optical studies of spontaneous and precursor polarization in KNbO 3, Phys. Rev. B, vol. 30, no. 3, p. 1148, 1984. [24]F. Gao et al., Preparation and photoabsorption characterization of BiFeO3 nanowires, Appl. Phys. Lett., vol. 89, no. 10, p. 102506, Sep. 2006. [25]H. M. Tà ¼tà ¼ncà ¼ and G. P. Srivastava, Electronic structure and zone-center phonon modes in multiferroic bulk BiFeO3, J. Appl. Phys., vol. 103, no. 8, p. 083712, Apr. 2008. [26]T. Kanai, S. Ohkoshi, and K. Hashimoto, Magnetic, electric, and optical functionalities of (PLZT) x (BiFeO 3) 1- x ferroelectric-ferromagnetic thin films, J. Phys. Chem. Solids, vol. 64, no. 3, pp. 391-397, 2003. [27]I. Sosnowska, W. Schà ¤fer, W. Kockelmann, K. H. Andersen, and I. O. Troyanchuk, Crystal structure and spiral magnetic ordering of BiFeO 3 doped with manganese, Appl. Phys. Mater. Sci. Process., vol. 74, no. 0, pp. s1040-s1042, Dec. 2002. [28]D. Lebeugle, D. Colson, A. Forget, and M. Viret, Very large spontaneous electric polarization in BiFeO3 single crystals at room temperature and its evolution under cycling fields, Appl. Phys. Lett., vol. 91, no. 2, p. 022907, Jul. 2007.

Thursday, September 19, 2019

Assessment of Inappropriate Behavioral Development in Children and Teens :: essays research papers

It is far easier to measure a child's physical growth and maturation than to assess the complexities of individual differences in children's disruptive and antisocial development. Pediatricians can clearly record increases in a child's weight and height on growth charts and even provide percentile estimates indicating how a child compares to others at the same age. Measuring and interpreting acceptable versus unacceptable and normal versus abnormal behaviors among children and adolescents are far more complex. Children and adolescents often test the limits of appropriate conduct by crossing the boundaries set by caretakers. When a youth exhibits a particular problem behavior, it is important to consider not only if the behavior has previously occurred, but also if it is exhibited in multiple settings and with what frequency, duration, intensity, and provocation. For example, a 2-year-old who playfully nips a playmate is less off the mark of developmentally appropriate behavior than a 4-year-old who aggressively and frequently bites playmates to forcefully gain possession of desired toys. Among adolescents, a certain degree of misbehavior, experimentation, or independence seeking is common. In fact, the American Psychiatric Association (1994) indicates that "New onset of oppositional behaviors in adolescence may be due to the process of normal individuation." On the other hand, youth who persistently and progressively engage in problem behaviors with significant impairment in personal development, social functioning, academic achievement, and vocational preparation are of great concern to caretakers. Also of concern is the broad category of "antisocial behaviors" that have an appreciable harmful effect on others, in terms of inflicting physical or mental harm on others or causing property loss or damage. The Semantics of Disruptive and Delinquent Behavior A mother finds parenting exhausting and describes her 7-year-old son as extremely energetic, frequently switching from one play activity to another, often losing his things, and forgetting to do his chores. A second grade teacher notes that her student has a learning disability, as he is unruly, requires constant disciplinary attention, fidgets or squirms in his seat, fails to follow directions or complete assignments, refuses to wait his turn, and often disturbs his classmates. A child psychologist indicates a young boy lacks the ability for sustained mental effort, is easily distracted by extraneous stimuli, displays poor impulse control, and meets the criteria for Attention-Deficit/Hyperactivity Disorder (ADHD), as defined in Diagnostic and Statistical Manual of Mental Disorders: Fourth Edition (American Psychiatric Association, 1994).

Wednesday, September 18, 2019

Irish Immigration To Canada Essay -- essays research papers

Irish Immigration to Canada The Irish began immigrating to North America in the 1820s, when the lack of jobs and poverty forced them to seek better opportunities elsewhere after the end of the major European wars. When the Europeans could finally stop depending on the Irish for food during war, the investment in Irish agricultural products reduced and the boom was over. After an economic boom, there comes a bust and unemployment was the result. Two-thirds of the people of Ireland depended on potato harvests as a main source of income and, more importantly, food. Then between the years of 1845 and 1847, a terrible disease struck the potato crops. The plague left acre after acre of Irish farmland covered with black rot. The failure of the potato yields caused the prices of food to rise rapidly. With no income coming from potato harvests, families dependent on potato crops could not afford to pay rent to their dominantly British and Protestant landlords and were evicted only to be crowded into disease-infested wor khouses. Peasants who were desperate for food found themselves eating the rotten potatoes only to develop and spread horrible diseases.  ¡Ã‚ §Entire villages were quickly homeless, starving, and diagnosed with either cholera or typhus. ¡Ã‚ ¨(Interpreting ¡K,online) The lack of food and increased incidents of death forced incredible numbers of people to leave Ireland for some place which offered more suitable living conditions. Some landlords paid for the emigration of their tenants because it made more economic sense to rid farms of residents who were not paying their rent. Nevertheless, emigration did not prove to be an antidote for the Famine. The ships were overcrowded and by the time they reached their destination, approximately one third of its passengers had been lost to disease, hunger and other complications. However, many passengers did survive the journey and, as a result, approximately  ¡Ã‚ §1.5 million Irish people immigrated to North America during the 1840 ¡Ã ‚ ¦s and 1850 ¡Ã‚ ¦s. ¡Ã‚ ¨(Bladley, online) As a consequence of famine, disease (starvation and disease took as many as one million lives) and emigration,  ¡Ã‚ §Ireland ¡Ã‚ ¦s population dropped from 8 million to 5 million over a matter of years. ¡Ã‚ ¨(Bladley, online) Although Britain came to the aid of the starving, many Irish blamed Britain for their delayed response and for centuries of political hardship as basi... ...t only a contribution to Canada, but to the benefit of humanity. „h Nellie Letitia Mooney Mclung(1872-1951) was an activist and a campaigner for female suffrage. She was a nationally known feminist and social reformer. Mclung was the first woman member of CBC ¡Ã‚ ¦s Board of Governor ¡Ã‚ ¦s and deserves great thanks from Canadian women for her contributions to the women ¡Ã‚ ¦s movement in Canada. „h Robert Samuel McLaughlin(1871-1972), the founder of General Motors, made significant contributions to the advancement of Canadian culture and society as well as to the Canadian economy. He was the benefactor of Queen ¡Ã‚ ¦s University, the city of Oshawa, Knox College, and the planetarium to University of Toronto, which still bears his name. He was also the founder of McLaughlin foundation, which has done much to improve the quality of medical education in Canada. (O ¡Ã‚ ¦Driscoll and Reynolds, pp.654) The Irish Canadian community has repaid their debt to Canada by proving themselves to be productive and showing to us that the hardship many Canadians took on in order to accommodate emigrants was worthwhile. Their gratefulness is evident in the reputations they have established as Irish Canadian citizens.

Tuesday, September 17, 2019

Is Holden Caulfield a Typical Teenager?

In the novel, Catcher in the Rye by J. D. Salinger, Holden Caulfield is a 16 year old boy from New York City. He recently got the ax from his school, Pencey Prep, for failing four classes. He ends up roaming around the streets of New York City for three days, after leaving school early for Winter Break. Through Holden’s adventures, he becomes addicted to smoking, drinking and going out to night clubs. This conclusion leads me to think that he has the common issues that teens deal with daily. Although Holden secludes himself from the rest of the world, he is very much like a typical teenager when it comes to having problems in school. Holden reveals a strong hate for school. In chapter one, he states that â€Å"he didn’t know anyone at Pencey that was splendid and clear-thinking and all. Maybe two guys. If that many. † (pg. 6) Later, Holden gets kicked out from his school, Pencey Prep â€Å"on account of flunking four subjects and not applying† himself and all. (pg. 6) Holden is well known because teens can relate to him in so many things including issues in school. It seems that whenever Holden would get depressed he would turn to abusing alcohol, which is common among teens. In chapter 10, Holden was in a night club and he tried to order a scotch and soda, when the waiter asked for some verification of his age. (pg. 90-91) It seems that Salinger made this the only time alcohol wasn’t readily available in the novel. In chapter 12, Holden was at another night club, Ernie’s, when he tried again to order a scotch and soda, and was able to do so easily. He states that even if you were six years old you could get liquor at Ernie’s; nobody cared how old you were. (pg. 111) Again in chapter 20, Holden gets drunk at another night club. (pg. 194) The Catcher in the Rye demonstrates many life lessons, such as not abusing alcohol. In the novel, Holden Caulfield is like a puzzle piece that doesn’t fit anywhere in the puzzle, meaning he doesn’t fit in with the world. He has a really rough time fitting in at school because he thinks they are all phonies. In Chapter 1, Holden accidentally leaves â€Å"all the foils and equipment and stuff on the subway† so the whole team ostracizes him the whole way back on the train. (p. 6). In Chapter 6, Holden gets in a fist fight with his roommate Stradlater, because Holden continuously calls Stradlater a moron because Stradlater was criticizing what Holden wrote about for Stradlater’s paper that he asked Holden to write. (p. 54). Holden had a rough time fitting in both at school and in the world in general. The Catcher in the Rye illustrates a young boy struggling to try to fit in with everyone else and deal with life’s problems at the same time. From failing out of school to going to night clubs and getting drunk, this novel is told right from a teenager’s point of view. Salinger represents Holden as a character in his novel that holds many characteristic of a typical teenager, including alcohol abuse. To this day, Holden is well-known worldwide, by many people. He is known as the character that best describes teenagers and life problems.

Monday, September 16, 2019

Liberal Principles and Minority Rights Essay

Liberal Principles and Minority Rights BY shax0521 We live in a world with differences, biases and hindrances we tend to take into account to be able to cope up with the changes happening around us. These differences could be between races,religion, culture, language, etc. But within a country, these differences also exist. Most countries are composed of diversed culture that divides the society to the majority and the minorities that establishes cultural differences related problems. It is often heard that minorities are deprived from certain freedom and the majority avails most of the best previleges that could e given. Minorities are often Judged by different steoreotypes and prejudices that establishes conflict between the groups. The main point of Prof. Hans Ingvar Roth, head of the sweden research team of the University of Lund in his article â€Å"Liberal Principles and Minority rights,† minority groups particularly in a liberal democratic society should be able to deal with the existing problems confronting their existence and culture in relation to the liberal principles through group-targeted measures. These group-targeted measures will be further explained throughout the article critique. The purpose of this paper is to give a brief summary of Roth’s article Liberal Principles and Minority Rights, what are the liberal principles of a liberal democratic society how it affects the condition of the minorities and my point of view as a reader. It will also tackle the different features of a liberal society, the problems encountered by minorities and the possible solution to the problems. In other words, the life of the minorities in a liberal democratic society. According to Roth, inequalities in modern western societies are faced by the inorities particularly ethnic, racial and religious which sometimes seen to result to discrimination. The minorities are confronted by social, political and cultural inequalities which were percieved to be the consequences as a memberofa liberal democratic society. Moreover, the majority enjoys the benefits and priveleges that were given by the society. In relation to this, to know the reason why these inequalities occur, we must know the grass roots of this condition. Roth stated in his article his definition ofa liberal democratic society. According to him, â€Å"a liberal democratic society is charcterized by the certain institutions or norms that are seen among many of its citizens as essential guidelines for the organization of society. † A liberal democratic society has its liberal principles namely, majoritarian democracy, free moblity, market economy, meritocracy and neutrality. The first principle is the majoritarian democracy or the rule of many . This concept of democracy implies disadvantages to the minorities because literally, it shows how minorities are outnumbered by the majority in terms of their cultural survival. As stated in the article, this idea of democracy have serious consequences for defenseless minorities. Furthermore, another liberal principle which is a burden to minorities is free mobility where people get to move freely without any intent hindrances but it has its limit in reality. Roth expounded it as the ideal of open borders for refugees from non- european countries in contrast to the migration policies implemented on various principle is the easy access of majority population into minority territories that could threaten the cultural survivability of the latter which is also dependent upon its eography. Moreover, the market economy as a principle which assumes freedom of choice that is considered to be the prevailing model for arranging economic activities systems in liberal societies. Roth added that according to many of his critics, the market economy could lead the majority to cultural supremacy over the minorities where the former has more access to important resources that could affect the cultural life of a country. It is considered to be the most efficient among other economic systems. Another liberal principle is meritocracy. According to Roth, merit should administer the appropriation of employment and places in higher education. This implies that the majority will dominate the labour-market of the society and eventually earn the highest ranks in offices. This would result to the alienation of the minorities in any encounter of several forms of higher education because the majority gets the best priveleges they could have in the society. In addition, Roth cited another principle which is neutrality or even-handedness. This occurs when the government doesnt interfere with certain policy decisions uided by religious views or substantial philiosophies of life and this kind of action implies contradiction to relgious minorities and securalism in some way influence the society. The abovementioned principles in any circumstances could stand in conflict with one another. As we have tackled the 5 principles of a liberal democratic society, it is also important to know some features of this kind of society which could have significant consequences on the cultural standing of different minorities in the society. The first feature is lingua franca which refers to having a common language in the society for he people have one language they could use to communicate with each other. Roth stated in his article that the language is an important element for the cultural identity of a group. Eventually, the language of the majority will be the lingua franca due to its long history in the country and the minorities must accept it and use to be able to communicate with others. However, this doesn’t mean that the languages from the minorities cannot be recognized as official languages in significant bailiwick of society such as education or law. Another feature of a liberal democratic society is nation building. Roth referred it as the creation of various institutions, traditions and spheres of society in which it will be affected by the long history of the majority group. In this case, it stresses that even without ethnic or cultural nationalism; the majority culture is advantageous because of its historical standing in the society. According to Roth, cultural preservation of minority groups depend on the members itself. They should have the best interest in maintaining and preserving their culture. A part from Roth’s article tackled about the shared values in the ulticultural debate for minority rights where possessing a secure cultural belonging could be valuable in a way that it is an important condition to an individual well being or it could be a crucial part of a one’s personal identity or as a framework adapting the majority’s culture and integration or affiliate with the majority on the other side. However, they have one common view that minority groups should not face anu unfair or excessive burdens in maintaining their cultures. Furthermore, if a minority group had encountered am intense discrimination from the other groups in he society, they should pay for the serious cultural disadvantage that the minority group faces. In other words, cultural diversity should be reagarded as a valuable objective for the whole society and a shared public responsibility to secure the preservation of the minority culture. However, if a certain minority in question have encountered no grim history of discrimination, and its cultural changes was due to voluntary change of its own members, it conditions become more unclear. The members itself should pay the price of maintaining or preserving their culture given hat they have been attracted to the majority culture. In addition, the majority is not coerced to share a costs of preserving that particular minority. As discussed earlier, there are ethnic and religious minorities in a society and their situation could be less favourable in certain conditions. Roth emphasized in his article that cultural influence by the majority usually occurs to the minorities that live in so-called open agricultural territories, small in size and the history of discrimination. Furthermore, it was stressed that shared language, religion and a istory of discrimination or an idea of geographical location make the minorit group maintain their culture. There are minority groups that prefer to attain independence and others to lower their claims and instead strive for various forms of cultural autonomy. In the entire article, the two main problems of minorities in relation to the liberal principles are cultural preservation and problems of integration. According to him, â€Å"problems of preservation arise when liberal principles such as free mobility and the endorsement of a market economy may threaten a traditional form of community life. Due to the dominance of the majority in terms of size, resources and historical standing, these principles work to their cultural advantage. Furthermore, the practice of having a lingua franca gives more disadvantage to the minorities in terms of preservation of their own language. The abovementioned problems has its group-targeted measures so that the minority culture will survive. These are metaphors â€Å"the fence,† â€Å"the ladder,† â€Å"the springboard† and â€Å"the plane. † With these meaures, there could be a continous existence of minority groups in liberal democratic societies. Through â€Å"the fence† it ould take form of exceptions from laws that burden traditional cultural practices or even property rights that would prevent majority population from buying lands from the minority territories. In addition, Roth used the cultural autonomy with regards to certain forms of legislation such as family as an example of a fence which protects the minority from being influenced by the family customs of the majority. Another measure is â€Å"the ladder† wherein group representation should be practiced by religious and ethnic groups in order to have a level of representation in the society. This metaphor can neutralize and attenuate unfair thresholds or hindrances such as blind spots, various forms of animosity, stereotypes and nepotism. To be able to gain entrance in the main sphere of society in spite of the diminish this hindrances in the remote future. The first measure or method is called â€Å"the springboard† that would present opportunities to minorities such as labour market and higher education in instances that they face discrimination and prJudices in the society. According to Roth, the springboard is not enough for minorities to be able to enter to such society that is hy â€Å"the plane† was created. It is considered to be the supplementary method of the springboard. It aims to alter engrained and stubborn attitudes and habits among the majority population through information campaigns and cross-cultural meeting places. From what I understand in the Roth’s article, inequalities of minorities in the society are caused by the liberal principles. I agree on it due to the different situations presented in the article. These principles namely majoritarian democracy, free mobility, meritocracy, market economy and neutrality are advantageous to the ajority population and affect the minority’s cultural preservation. The article’s premises are still valid according to the current situations in most western countries. His interpretation of the evidences presented were likely to lead us to the same conclusion that the liberal principles should be improved rather than to replace them with something different in order to solve such inequalities in such society. His arguments regarding the disadvantages of the minorities in the society such as the lingua franca where the majority’s language will be the official language of the ociety and meritocracy where the majority gets the highest ranks in the offices had the biggest impact to me which I agree on. If we compare it to the philippines, a non- liberal democratic country but compose of a majority and minorities, due to the geographical boundary and size of population of christians with tagalog as their language is considered to be the official language of the country, officially called as â€Å"Filipino’ and in terms of meritocracy, the muslims as a minority experience biases regarding employment in government and other fields of offices because of different stereotypes, prejudices and discrimination.

Sunday, September 15, 2019

Newell Company Case Essay

Newell Company created corporate advantages by following the company’s mission and philosophy. The philosophy â€Å"Build on what we do best† was started by CEO Mr. Dan Ferguson. This philosophy can be described as Newell focus on selling multiproduct to large mass retailers with high-volume and low-cost. Their mission is â€Å"Newell is a manufacturer and full-service marketer of consumer products for serving the needs of volume purchasers.† The company’s philosophy and mission has a great influence on its strategies. Newell creates various strategies to accomplish the company mission. For example, one of Newell’s key strategies is serving the mass retailer. The strategy of acquisition helps to improve manufacturing processes in order to get high-volume and low cost product. Newell’s strategies align with its philosophy and mission. It can create corporate advantages in the industry. Moreover, the basic strategy of total Newell strategy is t hat â€Å"merchandise a multi-product offering of brand-name staple consumers products, with an emphasis on excellent customers service, in order to achieve maximum results for our stockholders†. The acquisition Rubbermaid and Calphalon enhanced Newell’s strength in terms of merchandise multiproduct offering and rise Newell’s brand popularity. However, with negative feedback of Rubbermaid’s customers, Rubbermaid’s strategy of customer services could not alignment with Newell’s mission and basic strategy that lead to a negative influence on shareholder satisfactions. Even though Calphalon’s competitor Meyer have the lower price than Calphalon, Caphalon is for the younger and more fashion oriented market which is not efficient to use the low cost strategy for the high-end product, because Newell maybe unable to match the cost structure of the firm operating with less overhead and fewer product lines. According to the Newell acquision experience, Newell’s strategy is to acquire and integrate business which is nonfashion product, to acquire the company for the fashion ortiented market is Acquisition Newell’s strategy was to grow and expand their product line. In our opinion, the company is focused on more acquisition strategy than organic growth which represents the true growth for the core of the company. This excludes any growth acquired from takeovers, acquisitions or mergers. Newell acquired different companies in the basics home and hardware products since 1996 (exhibit 3). According to Mergers and Acquisition article, acquisition benefits the company by increasing Company’s value and market power. Two companies together will generate synergy that improves revenue and cost saving of the company. Furthermore, acquisition can create shareholder value as well because two companies together are more valuable than two separate companies. Newell and acquiring companies benefit in many ways from the acquisition. such as, development capabilities. The acquisitions allow Newell to add more products to its products line. It creates complement capabilities which two different abilities of the companies which fit well together. As the result, Newell is able to offer differentiated products of the same category to suit different customers. Moreover, in transferring its technologies to the acquiring companies, Newell has a technology advance such as EDI. The company is able to deliver products according to retailer’s request, making it more efficient, and improving its reputation as a â€Å"Good Shipper†. After acquisition, Newell transfers its technology to acquiring companies in order to deliver the products in an efficient way. Acquiring companies learn new technologies from Newell and they both are able to develop the innovation process. The company put acquiring companies through a process of streamline as known as â€Å"Newellization†. Growth through acquisition is very profitable to Newell’s corpor ate strategy. Corporate governance Corporate governance is about managing company and defined as the distribution of power in the company. Corporate governance is the system of rules, practices and process by which a company is directed and controlled. Newell corporate structure is made to maintain the flexibility in relations between corporate centers. The corporate office control and coordinate different aspects of a huge corporation working together. For example, the top financial responsibilities were divided between two corporate executives  who respectively take charge of the internal operation and external management. The benefit of company is to make sure the integration for the financial. Normally, there is just one person who takes on the financial responsibility of the company which can lead to accounting fraud. At the same time, the two positions have responsibility to report to the CEO which enhances the supervision to the company’s financial situation. In Newell’s company structure, the group president is one level below the company president. This structure benefits Newell because it centralizes subsidiaries and their operations. This centralization structure forms a unique manage method known as â€Å"Newellization†. Newellization: Newellizaiton is the process of streamlining focused on operational efficiency and profitability. Newell got the opportunity to gain market share through the distribution channel from subsidiaries. Acquisition of Corning’s housewares business in Europe, which is alignment with part of the company’s vision of globalization, effectively helped Newell to expand its distribution channels to gain greater the market share in the global market. According to the case article of â€Å"Newell Company†, there are three categories systems to implement Newellization. The first is the integrated financial system, the second is the sales and order processing system, the third is flexible manufacturing system. Normally, Newell acquired subsidiaries to get more opportunities to gain greater access to distribution channels even though subsidiaries possess low-technology, non-seasonal, non-cyclical, and non-fashion products. Newellization was effectively integrated these companies by implementing systems to make the companies more efficiency and profitability. For example, the successful acquisition implement with Newellization is Anchor Hocking Company. Even though sales revenue of Newell was lower than Anchor Hocking’s sales revenue, but profit margin of Newell was higher than Anchor Hocking. Newellization improved the operational efficiency to manage the cost which is efficiency capability to the company. Newell dismissed the high-level Anchor executive, employees, reduced the number of the retail stores, reduced the excess inventory and eliminated the product line. Also, the improved operational efficiency help Anchor Hocking reduced the average length of time needed to fill a customer order which is benefit to increase  the competitive advantage of Anchor Hocking. For Rubbermaid, the Newellization can help the company to deal with the problem on the inefficiency of operation and management. Financial Objectives: In the financial perspective, the first of financial objectives of Newell Company is achieved sales and earnings per share growth averaging 15% per year. However, most of companies were acquired by Newell company are regarded as inefficient on operating. Those acquired companies are manufactured low-technology, non-seasonal, non-seasonal, non-cyclical, non-fashionable products, which have more higher maintains cost in every individual company. Therefore, most of companies have high sales revenue but with high cost that resulting in the less 10% operating margins. After Newell Company made an acquisition, with the consolidation and centralization management, not only bring more profit for Newell Company but also saving more operation cost Also, it is the reason why Newellization is regarded as an efficient operating method by acquisition multiple products. Therefore, the ultimate target is to achieve maximum earning per share (EPS) for Stockholders. Newellization bring a remarkable success for Newell Company, however, with the aggressive of Newellization, the negative business influence show up, such as, in the Exhibit 4, the newell company net sales decrease from 1992 to 1997. According to the article of â€Å"navigating a path to smart Growth†, there are two limits can restrict growth in order to gain maximum growth of company, including financial limits and managerial limits. According to course material of â€Å"merger and acquisition†, the benefit of acquisition for Newell Company is to gather other multiple product strength to increase profit. In details, Newell company can adjust acquainted company’s mislead cost structures in order to make all acquisition consistently with Newell efficient and effective management model. For Newell, Calphalon has a good brand which is benefit for Newell to expand their distribution channel. However, Rubbermaid has the bad reputation on the customer service which will influence the reputation of the â€Å"no problem† supplier in the industry. At the same time, Putting both Calphalon and Rubbermaid under the same roof of Newell is a great risk for integrate the two companies, because it will be hard for Newell to impletment the Newellization which is the mature and experienced method to  integrate the new company they acquired. Resources and Capability One of Newell crucial resources is collecting multiproduct from various industries including hardware, house ware, home furnishings, and office product. In addition, one of Newell’s capabilities comes from the acquisition of other companies. There are example is Newell reward system in 1990; Newell changed its bonus’s structure by adding a bonus for internal growth on the top of existing return on assets (ROA) goals which facilitated Newell is ability it’s to increase their accountability capability. The reason why Newell implemented the bonus structure is that new reward system more related to the performance of the company. The Newell University plays an important role for the company by helping which is benefit for the company to increase the strategic unity capability, learning capability and the leadership capability through training the Newell’s mangers to understanding corporate cultural, focus on core product and profit-orientation. At the same tim e, most of the mid-level executives from other customer goods companies would take the particular management traits before they were accepted by Newell which also build the good foundation for the leadership capacity. Meanwhile, to leverage the resource, Newell deliberately moves managers across the business unites and from the business to the corporate level. This special character for Newell is benefit for the company to increase the efficiency of the resource by the collaboration capacity. Also, McDonough maintained the communication with their major customers to build the relationship which represent Newell’s strong customer connectivity capacity. According to the competitor for Calphalon of Meyer, Calphalon has the better customer service which is their competitive advantage. Meanwhile, after the acquisition, Newell can share the customer connectivity capability with Calphalon which enhance the Newell’s competitive advantage. For Newell to acquire Rubbermaid which has good brand equity, and the product innovation capabilityis benefit for adding the different kind of resource for Newell. Even though Rubbermaid have the innovation capabilitywhich is benefit for the Newell Company, the Rubbermaid products are more technologic than Newell products. This acquision might bring Newell high cost on the research and development. Conclusion Calphalon and Rubbermaid acquisition just partially align with corporate strategies. Newell’s mission is a core purpose of the company that influences to create resources, businesses and organization structure. Many acquisitions fit to corporate strategies enlarge and diversify range of products, but still focus on their core product that low technology, non-seasonal, non-cyclical, non-fashion products. Newellization has a profound influence on Newell growth in terms of managerial, operational, and financial effect, which gathers more capitals from shareholders. Recommendation: 1. To balance between â€Å"Newellization† and protecting the integrity of the Calphalon 2. Use the customer connectivity capabilityto create the good reputation for customer service of Rubbermaid 3. Use part of the Newellization to help Runnermaid to solve the problem of the inefficiency of operation and management 4. Organic growth instead of focuing on the expaning by acquision.

Saturday, September 14, 2019

Ownership of Two Contrasting Businesses Essay

Asda is the second largest retailer in the UK, and it has been the largest subsidiary of the Wal-Mart family of companies since 1999. The UK’s supermarket sector has also become more competitive. This contest between retailers in the marketplace helps to keep prices down. It also makes sure that organisations always produce and sell the goods that consumers really want. Asda is engaged in food, clothes, electronic and furniture selling. Consumers like price competition, as it means they can buy goods at low prices and save money. Asda is a large national company that makes a profit and it is private as well. Asda has a limited liability which means that they might lose the money they have invested in a business. This company is an incorporated business and it is also a public limited company. The main aims and objectives of Asda are: †¢To provide goods and services that is cheap and affordable to consumers to the public, to reduce the cost †¢To recycling their waste †¢To supporting voluntary services Oxfam is a small not-for-profit organisation and it is a global company because it operates in countries around the world. It is owned by Oxfam Trading Limited Companies and it is in private sector. The main aims and objective of this company are: †¢To Aid third world countries in any way they can †¢To relieve poverty, distress and suffering †¢To educate people about the nature, causes and effects if poverty †¢To campaign for a fairer world †¢To encourage western nations to supply aid to third world countries.

Censorship is a form of protection Essay Example for Free

Censorship is a form of protection Essay Censorship applies to magazines, videos, films, radio, music, computer games and television. Censorship is a form of protection, instead of stopping you from being robbed like the police force, censorship protects you and your families from pornographic, violent, bloody, rude, vulgar and racist programming. It regulates the broadcasting time of programmes with adult content after the 9o’clock-water shed so viewers of a younger age such as small children hopefully will not see the programme. It stops the extreme programmes such as hard core porn violent films where the gore is to extreme. That’s what censorship does now imagine television without censorship you could be flicking through the channels and neighbours could be on one the weakest link on two and f**k fest on three a nice hardcore porn film for the little ones to watch when they get home from school. Without censorship anything would go any time, So lets have a look at what’s on without censorship, the Teletubbies could have great big battles with each other or go hunting and shoot the rabbits and on an educational note they could demonstrate how to skin and gut the rabbits for the kids at home. Later on in the day the Weakest Link could become the nude Weakest Link where Anne Robinson could prance about in a PVC catsuite and give a good old S&M style spanking to the person voted the Weakest link, and I don’t think any body wants to Anne Robinson in the Buff? Later on now comes the news which could broadcast news on a what happened in Afghanistan before the war, they could have show live battles between the Taliban and the Northern Alliance where men get limbs blown off, mutated bodies of captured prisoners and worse not something you would really want to watch real people really dying over tea or any other time for that matter. At about 7:30 say a do it yourself programme presented by Carol Smiley where you dab your hand at DIY torture with expert guidance from Laurence Llewelyn Bowen who shows you how to keep your victim alive for as long as possible while giving the maximum amount of pain, although having a room designed by him would be torture enough. Now at 8:00 we have time for a nice wholesome hardcore porn film before the kids go to bed. People like Osama Bin Ladin could give speeches on television saying how he was going to destroy America the Jews Britain and everyone whose not Muslim. Although this is extreme it what could happen without censorship. Censorship upholds the moral fabric of society. It stops extreme programming being aired on British television. The question is do you want young children being able to view programmes which are unsuitable for them which would scare them give them nightmares having them cry at the sight of a mutilated human body on tv watching porn and asking their parents what does f**k mean and what’s a ****. Young children’s minds are impressionable and we should do what we can to protect them from certain things until they are old enough to understand it to be able to sleep well without thinking some psychos at their window waiting to burst in with a chain saw and massacre them. Do you want to watch porn? Then watch Television X or by a porn film, which stops children from watching these types of programmes. Without censorship anything would go and it would be absolutely legal. Without censorship we would allow the decay of our society. Censorship does not hide you from the real world but simply takes the edge off by not allowing certain things to be viewed in their full detail before 9 or on television where most people do not wish to see the extreme programmes such as hardcore porn. But allows the specialist things to be purchased on video where people buy the video knowing full well the type of material it contains. Censorship is a form of protection. (2017, Sep 02).

Friday, September 13, 2019

The Civil Partnership Act Essay Example | Topics and Well Written Essays - 2750 words

The Civil Partnership Act - Essay Example The Act is therefore a landmark legislation in elevating the legal status of same sex relationships to that close to heterosexual marriages. However, while it is undeniable that the Act is a step in the right direction, it is doubtful whether it can actually achieve the objective it was set out to fulfil - to eliminate the discrimination and injustice suffered by same sex relationships within society. Prior to the Civil Partnership Act 2004, same sex relationships in the United Kingdom simply do not have the legal status given to marriages. The Family Law Act 1996 under s 62 §1, for example, limits the definition of cohabitants to â€Å"a man or a woman living together as husband and wife.† The Local Government Act 1988 also provides a similar definition in defining same sex relationships as â€Å"pretended family relationships† under section 28, indicating a lack of recognition both from a legal and social point of view. As a result, same sex relationships have been discriminated

Thursday, September 12, 2019

W1D 590 "Creating Innovation" Essay Example | Topics and Well Written Essays - 250 words

W1D 590 "Creating Innovation" - Essay Example Empowerment is a motivating factor in the work environment, and it involves having more freedom in making choices and in actions (Deb, 2006). Under the leadership of Steve Jobs, associates were empowered, there was a delegation of authority and responsibility, and employees had freedom. Apple hired employees who shared its values and with a passion for their work. There was also extensive training for skill building and to embed the teamwork mentality. Apple knew the secret to success, that of empowering and developing its employees and giving them the freedom to be creative (Phillips & Gully, 2013). In turn, they created innovative products that beat the competition. The competition may copy the products in order to reach the success of Apple in which case it may be a futile task because what they must emulate is in relation to human capital. Competitors need to hire the right human capital and invest in it in the form of training as well as empower it in order to achieve success. Many benefits accrue from empowering the employees such as job satisfaction, motivation, being customer oriented and leadership skills development (Durai & Pravin, 2010). The more reason the competition should adapt empowering their employees for enhanced

Wednesday, September 11, 2019

Explain the VaR framework and its utility in Risk Management Essay

Explain the VaR framework and its utility in Risk Management - Essay Example VaR can be said to be an easy method of measuring the market risk. As of date, VaR technology has spread its wings well beyond financial derivatives and is completely transforming the style the financial institutions’ approach to their financial risk. Initially, VaR is employed to measure the market risk, but now it is being employed to administer and control risk actively. The VaR methodology is now assisting the industry to reckon both operational and credit risk, resulting in the sangraal of companywide management of risk1. (Jorion 2009: x). VaR employs a method of valuation of risk that uses standard statistical methods employed regularly in other technical sectors. In simple terms, VaR can be explained as the most speculative loss over an objective horizon that will not be surpassed with a given level of confidence. Footed upon the company’s scientific founding stones, VaR offers users with a detailed synopsis of market risk. (Jorion 2009: x). . 2 Backgrounds For t hose companies and financial institutions that are vulnerable to risks, management of risk is a vital function. There has been a real reform in the risk-management process, especially in the last decade and VaR is regarded as one of the solutions that received wide publicity in business circles. As per Holton (2003), the main fundamentals of the VaR can be traced back to as early 1922 when the New York Stock Exchange prescribed capital norms for its members. Until 1952, research in VaR was not in progress. Two independent researchers namely Roy and Markowitz almost concurrently advanced but with different version of measuring the risks and the same were published in 1952. As per Holton (2003), the two authors mentioned above were engaged on establishing a way of choosing portfolios that would be facilitating to obtain the benefit for certain level of risk. Holton was of the view that it took nearly four decades until VaR measurement started to be broadly employed by companies and fi nancial instructions. As per Fernandez (2003), the worst financial crisis that occurred in 1987 and the crisis that forced to find a solution by the Basel Committee that all banks should keep adequate cash reserves so that it can cover probable losses in their trading assortment over a 10 –day marked and 99% of their time. With the help of VaR, the quantum of cash to be maintained will be decided. Due to poor risk management process and poor supervision, a huge volume of money can be lost, which was well evidence from the past financial crisis. Thus, VaR has widely been acknowledged as a breakthrough process due to historical errors that crept into the risk -management process. (Holton 2002). As of today, the usage of VaR is being widely employed in financial institutions but there is only limited usage of VaR in non-financial firms. This can be explained that why companies do not employ VaR as they do not normally predict their profits and losses on daily footings that are n ot impacted by volatility in prices in the short-run. However, Mauro (1999) stresses that VaR can be employed even by non-financial firms (companies) that are not impacted by volatility in prices, especially in a short-time horizon. Thus, the chief advantage of VaR is that it is a yardstick that can be employed to almost every

Tuesday, September 10, 2019

The Relationship between the International Court of Justice and other Essay

The Relationship between the International Court of Justice and other International and Regional Courts and Tribunals - Essay Example It shall also discuss any conflicts between these courts, and the challenges and issues which are seen with the emergence of these multiple courts. An evaluation of what this relationship should be will also be discussed. Body Hybrid domestic-international tribunals International courts also operate within the context of hybrid domestic-international tribunals which provide another approach to transitional justice, where societies consider accountability for mass atrocities1. These hybrid courts blend both international and domestic laws and the international courts recognize their existence in so far as they do not conflict with the principles of international law. These courts include foreign judges sitting with domestic judges and hearing cases which are argued by local lawyers within the countries where the cases are being tried2. The judges apply the domestic laws which have been fashioned to accommodate international legal provisions. They operate in an ad hoc manner based on o n-the-ground innovations and processes3. These courts have been seen as tools in the management of mass atrocity, especially seen in instances where there are no political tools for the international tribunals or courts to use. ... his lack of general acceptance is mostly based on the fact that hybrid courts have faced much resistance on both sides – from both the domestic and the international scene. Moreover, hybrid courts who do favour the more international brand of adjudication see these courts as alternatives to the international tribunals. Many national governments, including the US, and other western nations, reject the view that hybrid courts represent trends for the future5. These governments seem to believe that the hybrid courts may eventually end up as replacements for international justice, and that these hybrid courts may undermine the better application of international justice. States who resist international justice, on the other hand view hybrid tribunals as â€Å"carrying too many of the trappings of international courts†6. This general resistance towards hybrid courts is considered unfortunate because they present better adjudicatory benefits based on international and local j uridical concerns. Hybrid courts adjudicating in the Kosovo case The NATO launched an attack in 1999 which sought to end the ethnic cleansing goals of the Serb forces against the Albanian population in Kosovo. This prompted a declaration from the UN Security Council forming the UN Mission in Kosovo, where the mission was assigned to establish peace and security in the region and to carry out administrative functions, as well as to coordinate humanitarian and disaster relief efforts and to promote human rights. The responsibilities of the mission specifically included the establishment of law and order, as well as the apprehension and prosecution of those who committed war atrocities7. This goal was however not adequately met by the mission because many of the court infrastructures and equipment in

Monday, September 9, 2019

Ethics Assignment Example | Topics and Well Written Essays - 500 words - 10

Ethics - Assignment Example The management has developed workplace policy that is based on the organizational philosophy, code of conduct, and mission statement. This policy is then incorporated into the organization’s performance management program in order to hold workers accountable for all their actions and warn them to adhere to the set professional standards when interacting with their colleagues and supervisors and when undertaking their duties. The management ensures that all employees sign an acknowledgement form indicating that they have read and understood the company’s ethics policy. This is to ensure that every worker fully understands the set ethical standards that should be adhered within the organization and failure to do this, the management takes appropriate actions upon the involved worker (Appelbaum, Deguire & Lay, 2005). Secondly, the organization evaluates all employees on ethical behavior in order to prevent expansion of unethical behaviors in the workplace which can negatively affect the firm’s production. Personal interviews is one of useful tools that the management uses to assess employees’ attributes such as ability to socialize with others, problem solving skills, communication skills, and characters. The management also evaluates demonstrated work ethics of employees against a checklist. It makes use of an employee performance assessment that has section like â€Å"Attendance, Dependability and Availability,† â€Å"Judgment,† and â€Å"Integrity†. This makes it easier for the management to measure and evaluate various concepts such as employee’s integrity. Work productivity and attendance are highly monitored. Working upon set hours and showing up shows that an employee has ethical behavior and integrity (Peterson, 2002). Employees who comes to work late and leaves early are termed as lacking ethics. Before taking final action, the management first meets with employees with