New Business Development

This assignment cannot be completed without the effort and co-operation from our group members, Mood shaded, Mood Fakir, Rye polonium and Mood Fakery We also sincerely thank our lecturer of .NET 028, Madam Russian for the guidance and encouragement in finishing this assignment and also for teaching us in this course. Last but not least, we would like to express our gratitude to our friends and respondents for the support and willingness to spend some times with us to fill in the questionnaires. Introduction We started our company with the name Fresh & Sweet since 2012.As a new start up for our Fresh & sweet bakery. We have already done identifying on how we are going operate our bakery shop. So, as it starts operating, this company will be manage by five members. Thus, Our main focus is to sell our bakery product with our own recipe. Hence, this has been selected most of the demand from our customers. Fresh & sweet is located at Curia Saba, Jota Kimball. This location is best suitabl e for our business because there is not much competitors. Over the recent years, the profitability of our business is growing faster and has a lot of response from the public.The business is working from the capital loan from RIB bank with the amount RAM 100, 000. Purpose Pu repose Firstly, this company was established with the purpose of attracting the customers to taste our own recipe of bakery products of cakes, muffins and breads. Second, is to fulfill the demands Of our customers Of their satisfaction. Thirdly, it is to give our customer the serve;ice they need such an occasion like birthday party or weeding ceremony and so on. Besides that, our company is also set up to boost the country's economic growth and compete in the international.

R.K Narayan Biography Essay

R. K. Narayan (born 1906) is one of the best-known of the Indo-English writers. He created the imaginary town of Malgudi, where realistic characters in a typically Indian setting lived amid unpredictable events. Rasipuram Krishnaswami Narayanswami, who preferred the shortened name R.K. Narayan, was born in Madras, India, on Oct. 10, 1906. His father, an educator, travelled frequently, and his mother was frail, so Narayan was raised in Madras by his grandmother and an uncle. His grandmother inspired in young Narayan a passion for language and for people. He attended the Christian Mission School, where, he said, he learned to love the Hindu gods simply because the Christian chaplain ridiculed them. Narayan graduated from Maharaja’s College in Mysore in 1930. In 1934 he was married, but his wife, Rajam, died of typhoid in 1939. He had one daughter, Hema. He never remarried. Narayan wrote his first novel, Swami and Friends, in 1935, after short, uninspiring stints as a teacher, an editorial assistant, and a newspaperman. In it, he invented the small south Indian city of Malgudi, a literary microcosm that critics later compared to William Faulkner’s Yoknapatawpha County. More than a dozen novels and many short stories that followed were set in Malgudi. Narayan’s second novel, Bachelor of Arts (1939), marked the beginning of his reputation in England, where the novelist Graham Greene was largely responsible for getting it published. Greene has called Narayan â€Å"the novelist I most admire in the English language.† His fourth novel, The English Teacher, published in 1945, was partly autobiographical, concerning a teacher’s struggle to cope with the death of his wife. In 1953, Michigan State University published it under the title Grateful to Life and Death, along with his novel The Financial Expert; they were Narayan’s first books published in the United States. Subsequent publications of his novels, especially Mr. Sampath, Waiting for the Mahatma, The Guide, The Man-eater of Malgudi, and The Vendor of Sweets, established Narayan’s reputation in the West. Many critics consider The Guide (1958) to be Narayan’s masterpiece. Told in a complex series of flashbacks, it concerns a tourist guide who seduces the wife of a client, prospers, and ends up in jail. The novel won India’s highest literary honor, and it was adapted for the off-Broadway stage in 1968. At least two of Narayan’s novels, Mr. Sampath (1949) and The Guide (1958), were adapted for the  movies. Narayan usually wrote for an hour or two a day, composing fast, often writing as many as 2,000 words and seldom correcting or rewriting. Narayan’s stories begin with realistic settings and everyday happenings in the lives of a cross-section of Indian society, with characters of all classes. Reviewing Narayan’s 1976 novel The Painter of Signs, Anthony Thwaite of the New York Times said Narayan created â€Å"a world as richly human and volatile as that of Dickens.† His next novel, A Tiger for Malgudi (1983), is narrated by a tiger whose holy master is trying to lead him to enlightenment. It and his fourteenth novelTalkative Man (1987) received mixed reviews. In his 80s, Narayan continued to have books published. He returned to his original inspiration, his grandmother, with the 1994 book Grandmother’s Tale and Other Stories, which Publishers Weekly called â€Å"an exemplary collection from one of India’s most distinguished men of letters.† Donna Seaman of Booklist hailed the collection of short stories that spanned over 50 years of Narayan’s writing as â€Å"an excellent sampling of his short fiction, generally considered his best work† from â€Å"one of the world’s finest storytellers.† Narayan once noted: â€Å"Novels may bore me, but never people.† R.K. Narayan was born in Madras, South India, in 1906, and educated there and at Maharaja’s College in Mysore. His first novel, Swami and Friends and its successor, The Bachelor of Arts, are both set in the enchanting fictional territory of Malgudi and are only two out of the twelve novels he based there. In 1958 Narayan’s work The Guide won him the National Prize of the Indian Literary Academy, his country’s highest literary honor. In addition to his novels, Narayan has authored five collections of short stories, including A Horse and Two Goats, Malguidi Days, and Under the Banyan Tree, two travel books, two volumes of essays, a volume of memoirs, and the re-told legends Gods, Demons and Others, The Ramayana, and the Mahabharata. In 1980 he was awarded the A.C. Benson Medal by the Royal Society of Literature and in 1982 he was made an Honorary Member of the American Academy and Institute of Arts and Letters. Narayan died in 2001. Works of R.K.Narayan (a) Novels: 1.Swami and Friends (1935) 2. Bachelor of Art (1973) 3. The Dark Room (1938) 4. The English Teacher (1945) 5. The Guide (1958) 6. The Painter of Signs (1976) (b) Story Collections : 1. Malgudi Days 2. Dodu and Other Stories 3. Cyclone and Other Stories 4. Gods, Demons and Others (1964) (c) Autobiography : 1. My Days (1974) 2. My Dateless Diary (1960) (d) Other Works : 1. Ramayana. It is an English version of the Tamil epic by Kamban

Current health and safety legislation Essay

Ensure the area in or outdoors is free of any hazards or risks and is safe for CYP to work or play in safely. There should be adequate space for the number of people using it to move round comfortably and safely. Equipment should be stored safely storage should be labelled clearly. Furniture should be appropriate size for age of CYP using it. Lighting and noise should be taken into account and specific risks to individuals as in pregnancy, impaired sight or hearing, disabled, and CYP with special educational needs. We have a duty of care towards all the CYP in our care. The outdoor environment has some different needs like secure boundaries, being regularly inspected. The area should be checked for litter broken glass or animal droppings. Ensure any plants bushes or trees are safe no thorns or nettles and no poisonous or irritant leaves, berries, or flowers. Safety rules should be displayed and explained to the CYP also making sure they have a clear understanding of how to use any to ys or equipment safely. Areas that include ponds, pools and sandpits etc should be covered when not in use. Be aware of lines of responsibility for checking the learning environment for risks and hazards. Your health and safety officer should answer any queries you have. There should be the correct ratio of adults to children with suitable training and safety clearance. In both these environments and off-site visits everyone should be aware of what to do in case of: emergencies, fire alarms, incidents, accidents or illness. Be aware of possible signs and indicators of child abuse: physical, emotional, sexual abuse, bullying and harassment , neglect and failure to thrive not based on illness. The signs could be: behavioural changes such as regression, withdrawal, excessive attention seeking, aggression and negative behaviour. Physical indicators such as unlikely bruising, burns, marks, genital irritation or damage, hunger , being dirty, lack of  health care. In school we have notices about certain children whom either have allergies, specific illnesses that require specialised medication or immediate contacting of emergency services, they have a picture of the child and detailed instructions of what to do in an emergency. All incidents and accidents no matter how minor are recorded in detail in our first aid book, anything more serious has to be recorded on special incident sheets along with any witness statements. We have regular fire drill practices. There are security locks on the main exits that can only be opened with a swipe card that only members of staff have. If someone should get through this system and are unknown to staff they will be challenged by any member of staff within the school and asked to leave. All the CYP’s are regularly reminded of stranger danger and what to do if they should be approached by a stranger. The gates are locked to the entrance of the school at starting and leaving times for the CYP’s to ensure there is no danger from cars or lorries driving on and off site. CYP are regularly reminded of hygiene issues like washing hands after using the toilet or at lunch times before eating their food, there are also posters to remind them on a daily basis too.

The Personal Reasons for Joining the Group Essay - 8

The Personal Reasons for Joining the Group - Essay Example The main issue in the story is the value of truth and hard work. The struggle to raise a family with a child suffering from disability compounded the problem. In the article, the challenge is on how to raise a better family and the power of finance in shaping the personal decisions. The effect of poverty on decision making is evident in the choices made and the level of understanding of the choices. However, in the conclusion of the article, the author addresses the issues that led to him leaving the group. The group focused on white supremacy and their focus was more on gang actions rather than offering support to its members. In making the decision, the author acknowledges that joining the group did not add value to his life, but make it worse. In conclusion, the author joined the Klan for sustenance. The response is fairly precise in addressing the moral view of Ellis while handling the problem of moral choices and family upbringing. The response indicates the understanding of the writer the stories and the needs of the main character and the impact of joining the group. Even though he rose to the rank of president, the choice to quit was driven by moral value, which is captured in the response. However, the response does not give a conclusive account of the events that led to joining and quitting. In writing the power of moral bringing on choice, the response covers the power of upright family development and poverty. Poverty drives a person to make difficult choices, but the choices can be altered because of the moral conviction. The other issue addressed in the response is the power of the family in shaping the future of a person. Having experience poverty during his upbringing, the choices made by Ellis indicate the personal struggle to address the issues of confidence.  

Capter one question and chapter 6 Case Study (International Business) Essay

Capter one question and chapter 6 Case Study (International Business) - Essay Example These ventures are also subject to restrictions that are not found locally. You can expect to face four different types of risk during this proposed expansion. Cultural risks include unfamiliar ethics and negotiation styles, while commercial risks come from potentially weak international partners, as well as increased operational costs. Additional threats come from currency differences, and country risks that are closely tied to the national political system of each participating nation. I hope that you will research these factors prior to launching an international campaign. I am certain that you will come to understand the importance of altered strategy in international business endeavors, at which time I would be happy to offer further assistance should you desire. The assigned case presents the factors that have allowed Hyundai to become a leading force in the international automobile industry. They are introduced as one of the few auto businesses to maintain profits during the global financial crisis of the late 2000s. Several suggestions are offered to explain the success. The company benefits from local influences like the availability of skilled labor for low costs, and the advantage of a weak domestic currency that made international customers interested in their products. Demanding South Korean consumers also inspired a highly competitive local market that requires consistently high quality, exceptional customer experience, and regular innovations in order to compete. These standards contributed to the original success of Hyundai entering foreign markets. Another important influence is global integration achieved through diversifying the locations of operations, though this also presents the threat of excess capacity. Hyundai`s success is ultimately attributed to their determination to remain committed to growth despite external financial crises. 1. The local population provides

World War II Research Paper Example | Topics and Well Written Essays - 1750 words

World War II - Research Paper Example History has recorded and proved time and over again that such aggressive act of violence against any nation has resulted in changing the face of the earth and has produced profound effects on any involved country’s global and political standing. It is not the matter of who wins or loses the war because despite the fact, every nation gets affected by its negativity in one way or the other. Our world history has detailed accounts of many important wars which has changed the world map accordingly but two wars have always considered as of having greater affect globally and much violent that any other war. This essay compiles the details about World War II. It is an attempt to provide authentic research material for understanding what caused this war, how it was started and how it ended. If we look at it in a statistical manner then World War II started in 1939 and ended in 1945 but this essay is not about when it started. To have an in depth and comprehensive analysis of second wo rld war, we will have to look back a decade or more to understand the reasons for which a war of such a magnitude became unavoidable and inevitable. Covering a span of over 26 years of pre-war state, during and post-war from 1919 to 1945 it will incorporate all the major events that defined and shaped the future. Its foundation was laid soon after the World War I which raged in Europe from 1914 to 1918. It was fought between the central powers including Germany, Ottoman Empire and the Austro-Hungarian and the allied forces which included United States, Italy, Britain and France. It can be termed as the aftermath of the World War I. The great first war saw the allied forces as victors while the central powers were on the losing side. Naturally the winners wanted the losers to pay and so a peace agreement namely the Treaty of Versailles was formed which contained enough substance to punish and humiliate the nations who lost. (Goldstein) As the latter two sides ceased to exist, only Ge rmany was left to bear the victor’s brunt. There were the territorial losses as the part of the agreement for peace with which new nations were formed taking parts from Germany and the Soviet Union. Also the Austro-Hungarian regime was divided into newer states namely Poland, Yugoslavia and Czechoslovakia. Those Germans who were parted and divided due to the formation of new states were called Ausland Deutsch (German Outsiders). So a grudge started building against the central powers in Germans and European nations. Then another reason which proved decisive in paving way for a second world war was the great depression which started in 1929. This changed the economic stature of many nations and global economy literally crashed. This produced devastated effects on the economy of Germany and European nations because they were already shaken due to the war debt. The European nations were so weakened by the war that the newer global economic downfall caused their economy to utterl y collapse. This brought an end to the perception that capitalist and democratic political environment prevailing so far has failed to secure the boundaries of European nations especially Germany. These aftereffects of World War I produced a negative yet indispensible urge in the Germans and they started developing a strategy for revenge. Soon after this after math of World War I and the great depression which followed, world saw the unexpected emergence and popularity of two dictators the Italian Benito Mussolini and the German Adolf Hitler. Germans who were helpless and starving to death needed a dictatorial regime that could provide an instant solution to their problems. They instantly accepted Hitler as their leader and soon the national socialist Nazi

Cross-functional Communication Term Paper Example | Topics and Well Written Essays - 3500 words

Cross-functional Communication - Term Paper Example The intention of this study is communication as one of the vital management activities upon which most of its functions are based. This is a medium that links human resources and organization formally and informally through various channels/media. Successful organizations follow well-established modes of communication through which they prescribe and describe organizational policies, procedures, systems, and work processes; through these media, managers ensure organizational goals are accomplished through their employees; these communication modes also help in delivering organizational ideas to the customers and also in earning customers. However, these formal and informal modes of communication have specific functions in specific areas. Linking these specific functions to the benefit of all organizational areas is the aim of cross-functional communication, which has become extremely important for organizations to sustain and compete in contemporary business world that is driven by f ast-paced communication processes and globalization. Basically, a business encompasses various organizational activities such as operations or production of gods/services, human resources management, marketing and sales activities, finance and budgeting, technology and systems development, and research and development. To perform these activities, management carries out five main functions namely planning, organizing, leading, and controlling in every organizational activity. Organizational success depends upon the amount of profits generated through employees’ contribution, effectiveness of technology, systems, procedures, marketing and sales activities. ... functional communication to management: Basically, a business encompasses various organizational activities such as operations or production of gods/services, human resources management, marketing and sales activities, finance and budgeting, technology and systems development, and research and development. To perform these activities, management carries out five main functions namely planning, organizing, leading, and controlling in every organizational activity. Organizational success depends upon the amount of profits generated through employees’ contribution, effectiveness of technology, systems, procedures, marketing and sales activities. This means all organizational activities have to be efficient in order to achieved desired outcomes and profits. Moreover, each of these organizational activities is meant to complement each other in their objectives and work together so that overall organizational efficiency is constantly improved. In this sense, communication between di fferent functions becomes strategically important for information sharing, understanding and providing feedback so that every function obtains information, uses relevant information from other departments and also improves upon developmental areas. From operations perspective, various operational activities within the function require cross-functional communication besides cross-functional communication with other departments. The theory of constraints (TOC) postulates that most of the constraints in organizational functioning originate from policies and not physical entities. The policies tend to create obstacles, which are hard to identify and/or break, unlike physical entities (Dettmer, 1997). In addition, the TOC emphasizes the need for clarity before attempting to identify causes and

Take a position by answering-is it possible to define and measure Essay

Take a position by answering-is it possible to define and measure happiness - Essay Example The desire to understand and seek happiness has been profound among individuals and scholars like Plato, Aristotle and Mills. To prove the complexity of happiness, all the scholars had different views which make happiness a mystery. In his article Critchley (449) asserts that there is no clear definition that fits the imaginable aspect of happiness. He asserts that happiness can only be measured when certain conditions are met. The conditions, described by Rousseau state that a happy person should not be bound by anything including time, no consideration of the present nor the future, and no pain or pleasure. This implies that with absence of any of the imperatives, then a person cannot be described as happy. Consequently, happiness cannot be explained by science theories that may attempt to lay measurement criteria (Critchley 450). In the real world, the requirements of happiness as described by Rousseau cannot be achieved, this is because the world is fast changing and the people a re often time conscious. A person minds more of the present and the future by carefully managing his or her time. Death is unforeseen and thus there cannot be a guarantee of continuity of existence. As such, measuring happiness proves to be a difficult task. In the subsequent arguments, Critchley asserts that human beings can be considered happy if they attained the status of a super being like God, where all the factors that define happiness are present. However, this status cannot be achieved in a contemporary world. Trying to understand happiness reigns in day to day activities of people. People try to lay their own definitions of what happiness might be and try to work towards the objective. These arguments can be in form of gaining property and wealth, positions in the social and political quarters and also fame. However, all this pursues do not guarantee happiness. One would argue that a wealthy person is happy! The answer would definitely be no. This is because happiness cann ot be created out of wealth rather it can be created from the satisfaction that one gets from wealth. In addition, Mill explained that the more a person tries to gauge how happy he or she is, the more he or she becomes confused. This leads to enlightenment that happiness cannot be measured by material well-being of a person. As such, probing the definition of happiness will always make people unhappy due to extreme requirements of happiness. In the current world, happiness cannot be measured due to the ever changing economic and social conditions, that is, what seems to be a happiness parameter is quickly eroded by the dynamic world. This is because the current justification of happiness has been inclined on material welfare of people that than satisfaction of the soul. Doctors have claimed that the genetic composition of a person can show the level of happiness (Kingwell 414). This has been brought about by scientists who believe that genes can bring a smile on a person. Maybe this is true; however, smiling may not be regarded as happiness. In one way, smiling can be used as an indicator of happiness, in the other way; smiling does not always imply that a person is happy. This is because it can be faked to fit an occasion. According to Aristotle, happiness can result from living an honorable life. Mill also asserts that a dissatisfied human is better than a satisfied pig. This follows a series of

Undergrad research (Sonicator) Paper Example | Topics and Well Written Essays - 500 words

Undergrad (Sonicator) - Research Paper Example The production of methanol was done through the distillation of wood. Methanol today is industrially synthesized from a nonstoichiometric mixture of carbon monoxide, hydrogen and carbon dioxide over Cu/ZnO/AL203 catalysts. Methanol is an industrial chemical used as raw material in the manufacture of solvents such as formaldehyde and producing acids, for example, acetic acid through hydroformylation. Synthesis of methanol is crucial due to wide usage of methanol in industries. Sonicator (Ultrasonic) is one method used to manufacture methanol (Eta, Valerie, 71). Ultrasonic is a phenomenon used in reactive chemical whereby ultrasound energy of approximate 20 kHz is used to agitate the reactants. This method is efficient because necessary temperature and energy are generated by ultrasonic machine. Methanol is a short chain alcohol that is immiscible. The use of the sonicator or ultrasonic is to synthesize methanol in a reaction entitled as transesterification. Catalytic functional group in methanol is methoxide (CH3O-) which is formed when methanol reacts with a strong base or when metals like potassium react with anhydrous methanol (Arutyunov, Vladimir, 95). Mechanism of ultrasonic effect on esterification was illustrated experimentally using bubble- dynamic model where ultrasound energy and micro bubbles in the reactor increased the interface formed between the triglyceride and methanol emulsion, thus considered a physical reaction and not a chemical reaction (Eta, Valerie, 103). There seems to be the best use of the sonicator and why it is mainly used for the production of methanol. The use of Sonification is good as it has led to the production of more methanol and carbon while using less energy. The use of Sonification makes it possible for synthesis of methanol via the use of carbon dioxide and hydrogen, which leads to the water-gas shift formation and surface morphology effects. However, because the use of carbon dioxide and hydrogen is a two-way step,

Innovation at apple Coursework Example | Topics and Well Written Essays - 2000 words - 1

Innovation at apple - Coursework Example We chose a different path. Our belief was that if we kept putting great products in front of customers, they would continue to open their wallets† Steve Jobs 1. Introduction: Several companies today are caught up in a relentless pursuit of innovation and intentional development of novel ideas, products and services in a bid to capture the imagination of their target consumers. The role of innovation in organizational development and its contribution in organizational success have been amply substantiated in literature, over the years. Organizational ambidexterity has emerged as one of the most influential concepts in recent times whereby highly creative and innovation driven organizations have proven their might in the market by not only sustaining their competitive advantage over their rival firms, but by leading the industry as well. Apple Inc. is one such example which has managed to successfully evade the competition by constant innovation and research and capturing a relat ively larger market share through sheer creativity. The above quote aptly mirrors the collective sentiment at Apple Inc. This essay aims to discuss, analyze, and examine the case of Apple Inc., through various theoretical perspectives and models in a bid to explain the role and influence of technological innovation in organizational development. 2. ... eir initial phase strive to survive in the market by designing their policies in accordance with the present market environment and adapt to their surrounding environment (Hart and Christensen, 2002). This theory helps in assessing and evaluating the various aspects of firm behaviour with regard to technological change and the resultant scope of the firm to survive in a new market (Loasby, 1976; Casson, 2005). Apple was founded by Steve Jobs and Ronald Wayne on April 1, 1976 which was mainly focused on designing a personal computer that was popularly known and sold as Apple I. After the incorporation of Apple as a company in the year 1977 the company grew and shifted its strategy to innovation and creativity as the key drivers to sustain the market competition. This strategy helped Apple Inc in introducing highly innovative products in the market based on latest state-of-the-art technologies that helped them differentiate their products from that of their rivals. (Innovation at Apple , p. 1). The theories of entrepreneurship developed over the years indicate judgemental decision making as a key aspect of entrepreneurial behaviour (Shane, 2003). This theory entails that entrepreneurs at times may differ greatly in terms of their strategies by displaying attitudes that exhibit a high degree of optimism which in turn is based on the critical information available at their disposal as well as their conviction to deliver positive outcomes (Casson, 2005). Steve Jobs inspired the culture of innovation at Apple Inc. and created a highly favourable working environment whereby employees were constantly encouraged to come up with innovative and creative ideas. The key focus of the management was to hire people who displayed high level of motivation and commitment towards the

Is Democracy the best type of Government Essay Example | Topics and Well Written Essays - 750 words

Is Democracy the best type of Government - Essay Example In these societies, democracy only served to further the interests of a certain elite who had always been in power. The entry of new faces to the seats of governance was rare and often short-lived. For instance in Vietnam’s case, the country was run by a democratically elected government where the Prime Minister was a cousin of the emperor of Vietnam (Halberstam & Singal, 2008). The democratic policies initiated by this democratic government led to the alienation of large parts of the population, who eventually tilted over to the communist camp and began an insurgency. The democracy under Nguyen Phuc Buu Loc was unable to shelter the interests of the many against the interests of the few. It has to be kept in mind that Vietnam is not the only nation to have suffered a democratic fate due to class divide and lack of equality. The quagmire in West Africa and the Horn of Africa is yet another example of democratic failure that has ruined millions of lives. The democratic system i n these nations allowed the power hungry elite to broker power to themselves leaving millions in desperation. The resulting governments led to the estrangement of the masses which in turn led to bloody civil wars and consequent anarchy (Bassey & Oshita, 2010). The outcomes of democracy in these nations signalled a major change in the very definition of democracy. What Abraham Lincoln declared to be â€Å"of the people, by the people, for the people† at Gettysburg (Wilson, 2006) has become â€Å"of the 1%, by the 1%, for the 1%† in the twenty first century (Stiglitz, 2012). Attempts at promoting democracy across borders have often proved not only difficult but also unmanageable and dangerous. People spearheading the cause of democracy for foreign nations fail to account for socio-economic and historic peculiarities that shape each nation. A society composed of tribal systems already has its own version of governance though there are no bravura democratic assemblies and parliaments to show the rest of the world. Imposing a foreign system that the local people are not aware of will never work in such a situation. The recent failed experiments at democratic implantation have failed miserably in both Iraq and Afghanistan (Shadid, 2005) (Hopkins, 2008). A democratic system requires nourishment from the grass root level to flourish. If the roots of the system fail to support it, then the democratic system is open and vulnerable to exploitation. Typically democratic systems are exploited not from the bottom but from the very top. Democracies provide the power hungry elite with multiple avenues to manipulate people at all levels in society. Stieglitz (2012) has rightly declared democracies to be representative of the top 1% of all people in a society. The people at the helm of affairs in a democracy possess the right tools and skills to manipulate the masses through propaganda. It is ironic and paradoxical to realise that the very people who forced Wall S treet to crash were the very people who were bailed out by the democratic government (Byrne, 2012). Hordes of common people looking to occupy Wall Street to prevent further economic exploitation were rounded up by state machinery using the very resources that these ordinary people had paid for in terms of taxes. It is regrettable that in the so claimed representative system of democratic governance, the very people w

Housing Industry in America Essay Example for Free

Housing Industry in America Essay The American housing industry forms a vital component of the American economy as homes are the basic necessity for everyone. The industry offers jobs for various people from different professions including carpenters, masons, architects, engineers, technicians, interior designers, civil engineers, designers, artists, etc. The entire industry is distributed over several small companies rather than one single large company. However, in the US, there have been several mergers and acquisitions of the smaller companies recently. Most of the people in the US actually live in homes or apartments constructed by the housing industry and hence they have a huge stake in the market. The American housing industry constructs variety of homes including apartments, townhouses, single-family house, custom-build house, etc. A small number of people in the US actually live in houses build by themselves. Most of the houses constructed in the US are build on-site and a fewer number are fabricated in the factory and late transported to their actual site. The construction material used in various areas of the US is also different based on the geographic requirements, local resources available, etc. It may be cheaper and easier to build homes in one region of the US compared to another. Besides, the material used by the housing industry has changed over the last century since the housing industry came into picture. Earlier the housing industry used a lot of wood, asbestos, tiles, and lead-rich paint. Today the construction industry is using greater amount of concrete, steel and plastics (Muldin, 2008). Due to the recent recession and economic slowdown, the housing industry in the US has experienced a significant drop of about 3. 1 %. In more than 43 states the cost of homes has dropped by about 8 %. One of the main reasons for this is the difficultly for consumers to pay loans and mortgages (Muldin, 2008).

Analysis of Economies of Scale

Analysis of Economies of Scale GONZALO PARENTE QUESTION 1: ECONOMIES OF SCALE: Shipping is an immense industry requiring huge financial investments and continuous development. Therefore, it has become an ideal game field to find and implement economies of scale. Any minor achievement on this will mean an impressive extra benefit in terms of cost reduction and efficiency gains. However, when economies of scale are managed under wrong market perspectives it can generate catastrophic results affecting for example ports flexibility and their commercial feasibility (e.g. congestion at terminal, hinterland) (P. Rodrigue, 2014). It is important to highlight that different shipping segments require different strategies due to variations on operations and infrastructure. Therefore, it can be found different shipping niches where economies of scale can be applied: Bigger capacity leads to lower costs per unit: Benefits, in terms of costs per unit, increase with ships capacity. If a comparison, in terms of operating costs, is made between a TTT class and a New Panamax vessel, it can be seen that megaships would be 30% cheaper than medium size vessels ($100/TEU) (P. Rodrigue, 2014). Bigger ships carry less fuel consumption: It is known that fuel consumption counts around 45%-50% of operating costs. Modern ships have led to a reduction on fuel consumption turning the shipping industry into a more profitable business. Under normal conditions, megaships consume 164 tons of fuel per day, being 35% lower than a medium size vessel (P. Rodrigue, 2015). Low speed (Slow steaming) also reduces fuel consumption: During the crisis of 2008-9 a new sailing approach came up, Slow steaming, reducing the speed to 18-20 Knots aiming to lower the fuel consumption. It enabled the market to absorb the over-fleet capacity during periods of slack demand, without impact in port congestion thanks to keep the fleet port call frequency. While a Post Panamax consumes 230 tons per day sailing at 24 Knots/hour, at 21 Knots/hour it would burn 150 tons per day (33% less) (P. Rodrigue, 2015). New shipbuilding techniques mean vessels being built rapidly: It has let ship-owners increase their fleets in a much reduced time at very low prices, taking advantage of the market conditions at all times. It is economy of scale applied to ship design. For example the new ships price fall between 2008 and 2009 was due to the appearance of revolutionary techniques offering new ships at very low prices (Stopford, 2009). Vessel ´s specialization leads to market flexibility: Not only economies of scale but also economies of scope are encompassed by ship specialization. Case: In order to fight against the inefficiency generated by bulk carriers sailing in ballast, a new specialized vessel came up called Multi-purpose. In terms of economies of scale, a multi-purposes vessel was an innovated idea due to the wide range of goods that it can accommodate at the same time, adapting it to the market conditions at all the moments without concerning about the port features, season, trends etc (Stopford, 2009). New technology and handling equipment speed up port operations: Operating mega vessels under high levels of productivity/efficiency requires sophisticated handling equipment. TTT vessels can be operated by 7 cranes at once (251 TEU/hour); while NewPanamax vessels need 6 cranes to handle 140 TEU/hour (Stopford, 2009). As a conclusion, the application of economies of scale to the shipping industry has led to a positive impact on the global economy. QUESTION 2: COST ELEMENTS OF SHIPPING: When talking about shipping costs, two main types of costs must be always taken into account: voyage related costs and no-voyage related costs. However, a better way to understand how different costs work in the shipping industry is by classifying them into capital, operating and voyage costs (ICS 2012, 2103; Plymouth university -Mr Adkins, 2014). The capital costs are fixed costs directly related to the vessel ´s purchase. These costs are part of the owner ´s responsibility. Some of these costs are Pre-delivery costs: the cost of transporting the vessel from the shipyard (e.g. japan) to the delivery point (e.g. Rotterdam). Loan repayment: it involves all the money that the shipowner must pay back to the bank. Leasing charges refer to the cost that shipowners must pay to the lessor e.g. TC for capesize, 5 years = $10500 per day. Depreciation: it refers to the decline in value of the vessel or any other infrastructure. Depreciation depends on the cost of the asset, the expected salvage value of the asset, the estimated life of the asset. Vessels life aprox. 25 years. Operating costs can be divided into four groups: crew costs, repair and maintainace, insurance and administration. Crew costs include the seafarer`s wages (Not the same for Philippines, American or Greeks), the travel costs (Not the same from UK to Rotterdam than UK to Italy), crew training (Depends on flag state/ship registries), medical inspections, recruitment process, insurances for crew accidents. Repair and maintenance costs include the maintenance of engines and other equipment, replacement of vessel ´s parts. For old vessels, it counts even 14% of operating costs. Insurance costs: The two compulsory insurances that every vessel must have are the 2/3 hull and machinery and the 1/3 third party liability. Administration costs consists of communication costs agents in port, or shore based administration and management charges. The voyage costs are one of the most important costs that shipowners must take into account when planning voyages. It is usually known as voyage estimation. Fuel charges: include the fuel price, the engine power and efficiency, the design and state of hull and the ship ´s speed. Port charges include the port dues which is the general use of port facilities (depends on volume of cargo, weight of cargo, gross tonnage and net tonnage). Service charges which include the pilotage, towage and cargo handling. Canal charges refer to the price vessels have to pay to ship across these short cuts. Please see below a good example of voyage estimation: (Private data from Shipbroking firm) Vessel: 8.000 TEU Route: Shanghai-Rotterdam (12.000 miles and 100% load factor). Bunker price = $650 Ship cost = $100m Containers = $20m Operating costs = $8.500 Value of cargo = $60.000 per TEU Annual interest rate = 3% Emission cost = $30 per tonne of fuel consumed Freight rate = $800 per TEU A ship is considered profitable when after taking into account capital, operating and voyage costs, still generate profits for the shipowner. This profit directly depends in the market level and freight rates. It is not the same to fix a vessel for WS50 than for WS80.Sometimes, it happens that freight rates vary for the same vessel size. One of the main factors is the geography. Depending on the demand for vessels in those specific markets, some shipowners will be willing to accept higher or lower freight rates. . For example: A vessel operating in Cross-MED for WS50 and a vessel operating UKC-ARA for WS80. In order to make your vessel more profitable, some strategies can be applied to seek economies of scale. Nowadays, one of the most popular seems to be slow steaming. QUESTION 3. WORLD MERCHANT FLEET, STRUCTURE AND COMPOSITION: As seen, shipping is a global industry formed by a sum of different sub-markets. This question is focused on the bulk market and the main differences between three of the biggest segments: tanker, dry bulk and containers. When looking at different shipping segments, it is important to analyze not only the routes of each segment but also the type and vessel size used in each of the markets. For liquid bulk cargoes, the type of vessel used is known as tanker vessels. Tankers are divided in two main groups: crude oil tankers and product tankers (ICS, 2015). Crude oil tankers range from 80.000-120.000 dwt (Aframax), 120.000-200.000 (Suezmax), to 200.000-500.000 dwt (VLCCs-ULCCs). The main routes are AG-USG, AG-China, AG-Japan and AG-ARA-UKC (ICS, 2014). Product tankers range from 10.00-42.000 dwt (Handy), 42.000-60.000 dwt (MR), 60.000-120.000 dwt (LR1-LR2). The main routes are USA-UKC for Diesel, NE to USG-N. America for gasoline and AG-China/Japan/ARA for Naphtha. For the product industry it is important to take into account the refineries location (ICS, 2015). The main features of crude oil and chemical products are that must be stored into tanks, handled by pumping and in some cases can be corrosive and toxic. For dry bulk cargoes, the type of vessel used is known as dry bulk ships. Some of the main features of this cargoes are that are shipped in large quantities and handled with automated equipment like belts and conveyors. The size of the vessel usually varies with the commodity transported. These are the most important commodities in the dry bulk industry (ICS, 2013; E. Branch, 2012). Iron ore: Main routes: Brazil to China-W. Europe (Panamax)- Australia to Japan/China (Panamax). Raw material of steelmaking. Major importers, it changes with countries development. China, Japan and USA are considered the three bigger consumers. Major exporters, Australian, Brazil, India or South Africa. Key players: Vale, BHP Billiton, Rio Tinto, ArcelorMittal, Metalloinvest, Anglo American. Ports/Terminals: Itaqui, Tubarao, Sepetiba, Ponta do Uba, Dampier, Port Walcott. Coal: Main routes: Australia to Japan/W.EU S.Africa to EU (Handymax), Columbia to W.EU (Panamax). Raw material of steelmaking as well as fuel for generating power. There are two main types: Cocking coal and steam coal. Coking coal: Australia is the worlds largest exporter. Steam coal: Australia Indonesia larger exporters. Major coal importers are Europe and Japan (43% of the world ´s coal imports). Grain: Main routes: US to S.America/Japan/Asian countries (Panamax), Argentina to Brazil (Handysize). Wheat, maize, rice, barley, soya etc. They all seasonal and irregular in volume and route. Major importer: Japan, China, Russia, EU, N. Africa, Brazil, Middle East countries. Main exporters: Canada, N.S. America, Australia. The last group are the containerships. Containerships have been positively affected by technologic improvements such as containerization or automization. Vessels range from: -1000 TEU (Small feeder), 1.000-2.000 TEU (Feeder), 2.000-3.000 (Feedermax), 3.000-5.000 Panamax, 5.000-10.000 TEU (Post Panamax), 10.000-15.000 TEU (New Panamax), +14.000 (ULCV) (ICS, 2015). The main routes for containerships are from F.EAST to EU and US (Panamax, Post Panamax), USA to China (Panamax and Post Panamax) and from USA to EU (Post Panamax and smaller) (ICS, 2015). It is interesting to highlight that companies are struggling on the return voyage from West to East. It makes operators to find different ways to optimize the empty containers in order to avoid the loss of marginal profit. QUESTION 4. SUPPLY AND DEMAND AND ITS IMPACT ON FREIGHT RATES: (Based on my dissertation) The shipping industry is a global-scale industry ruled by a combination of factors in charge of determining market trends, market levels and cycles. The supply and demand for vessels will establish the shipping market balance. The mechanism used to link the supply and demand in this industry is known as freight rates. Freight rates reflects the balance of ships and cargoes available in the market at a certain time (Stopford, 2009). Too many ships usually mean low freight rates, and too few ships usually mean high freight rates. Once freight rates are established, charterers and shipowners adjust to them, bringing the supply and demand into balance (Stopford, 2009). The Baltic Exchange is the organization in charge of providing, in co-operation with top shipping companies, daily reports for different markets and vessels sizes (BDTI TD1, TD6à ¢Ã¢â€š ¬Ã‚ ¦). In terms of the shipping market model, 5 supply and 5 demand factors strongly influence the freight rates. On the demand side, one of the most important variables is the world economy and, especially, the global business cycles and local development trends (emerging economies-Nigeria). World economy plays an important role when determining the price of commodities and also when setting the freight rates that buyers and sellers are able to pay to transport them. Another two key factors to achieve economies of scale are the average haul distance and the amount of cargo shipped per voyage. Random economic shocks (2008 crisis) have also a great weight in shipping demand. As these shocks affect demand and people economic power, freight prices are reduced as the demand for these commodities is considerably reduced. And, last but not least, transport costs encompassing capital, voyage and operational costs (ICS, 2015; Stopford, 2009; Lectures given by Jonathan Challecombe: International Shipping and Maritime Management and Markets). On the supply side, the new buildings and scrapping activities are essential to adjust the market balance. New buildings increase the fleet supply, lowering freight rates. Scrapping reduces the fleet supply, increasing freight rates. Fleet productivity is another factor which is focused in vessel ´s efficiency. In a fast pace market, speed and waiting times are crucial for business profitability. The last variable is the freight revenue. For example in markets with strong trends, shipowners may extend their vessel ´s life or purchase second-hand vessels to take advantage of the market; while in markets ruled by weak trends, old ships are scrapped 10 or 15 years before their commercial life ends (ICS, 2015; Stopford, 2009; Lectures given by Jonathan Challecombe: International Shipping and Maritime Management and Markets). For example it is good to understand what is going with the current dry bulk and container markets. The very low freight rates experienced during the last few months are caused by the extreme difference in terms of fleet growth (+) and the fleet demand (-). This situation has led to overcapacity. As a conclusion and in order to become again a balanced industry, shipping companies should follow a new tool developed by BIMCO known as Zero supply growth. It mainly require shipowners to neutralize the delivery of new vessels every year by scrapping an equal amount of capacity from the existing fleet (BIMCO, 2016). Mergers and acquisitions are also great strategies although will lead to a more monopolized market. QUESTION 6. RELATIONSHIP BETWEEN GLOBAL ECONOMIC DEVELOPMENT AND SEABORNE TRADE: As a derived demand, maritime shipping is shaped by worldwide macroeconomic conditions. Although shipping market is very complex we can say that there are five major factors which rule the demand for shipping: transport costs, seaborne commodity trades, average haul, random shocks and world economy, which is the most important one (Stopford, 2009). World economy impacts on the demand for shipping mainly through the business cycle and the trade development cycle. Business cycle lays the foundation for shipping cycle, so that fluctuations in the rate of world economic growth cause a cyclical pattern of demand for shipping. There is a close relationship between the growth rate of shipping and the world GDP, what becomes clear if you see how both parameters have closely changed over the recent history. It is not surprising given that world economy generates the most of demand for shipping by importing raw materials for manufacturing or exporting manufactured products. Another side of the relationship between macroeconomics and shipping is the seaborne commodity trades, which can be divided into short-term and long term. Seasonality of some trades is an important cause of short-term volatility. For instance, many agricultural commodities are linked to seasonal reasons, caused by harvest. But in the oil business there also is a cycle that reflects the seasonal fluctuation in energy consumption in western countries. Seasonality has a great impact on spot market (Dry and wet bulk) (ICS, 2015). The flows of raw materials (mainly ores and crude oil) follow a shipping pattern from developing countries towards developed countries. Transports terminals in developing countries are specialized in loading raw materials while developed countries unload are focused on unloading. On the other hand, the flows of manufactured goods mainly concerned developed countries, but it is changing due to the effects of globalized manufacturing processes. We have a new geography of global trade, which can be depicted quite accurately by maritime shipping routes. Developing countries are no longer just the suppliers of high volume-low value raw materials, but instead now also import large volumes of oil, iron ore, and participate in global value chains and the globalized production of manufactured goods (Stopford, 2009). As a result, developing countries are emerging as major world exporters and importers. They have also become main players in globalized manufacturing processes. As an instance we can mention that the growing energy needs of developing countries and the expansion of South-South trade are contributing to recharging tanker shipping and trade maps, supported by the US strategy to get its energy independence. QUESTION 7. ESTIMATING AND FORECASTING It is said that information is the most important variable that make shipping companies win or lose. Currently, technology has enhanced companies to get information from the market, global economy and many other factors in order to make an accurate market estimation and take advantage of it (Stopford, 2009). However, it is said that not all information is reliable, creating uncertainty among shipping players. It is why not only shipowners but also charterers, traders, operators and even brokers must have a clear network to get daily outlooks of what is going on in the market at every stage. Some of the most common information sources are: Shipping institutions: BIMCO, IMO, ICS, BALTIC EXCHANGEà ¢Ã¢â€š ¬Ã‚ ¦ Broking companies: PLATEAU DAILY REPORTSà ¢Ã¢â€š ¬Ã‚ ¦ Newspapers, magazinesà ¢Ã¢â€š ¬Ã‚ ¦ QUESTION 9. RISK MANAGEMENT: A popular strategy used in the shipping industry to reduce the effects of volatile markets is known as bunker hedging. It consists in a fuel price analysis and it is used with the purpose of reducing the company ´s exposure to volatile bunker costs and eliminating the risk of companies ´ bunker budgets getting out of control (Mercatus, 2016). Swap is one of the most popular uses when bunker hedging (Mercatus, 2016). It allows the buyer to hedge his bunker exposure by fixing the price he pays for fuel at a predefined level, over a predefined period of time. Two different scenarios can be found: Scenario 1: It is when fuel prices move from below the swap execution price. As a financial compensation, the shipping company has to pay back the difference between the market price and the swap price to his trading counterparty in order to offset low prices in the market (C, Cheetham, 2013). Scenario 2: It is when fuel prices move above the swap execution price. As a financial compensation, the shipping line has to receive the difference between the market price and the swap price from his trading counterparty in order to offset high prices in the market (C, Cheetham, 2013). A great forecasting job must be done before entering into a bunker hedging agreement. Shipping companies need to be sure in terms of future bunker prices trends. Related factors such as new oil fields, global trade and international regulations must be always taken into account. When properly managed, bunker hedging can lead companies to generate bigger profits as the exposure to fuel prices fluctuations is removed. A freight derivate contract is defined as a financial contract between two different parties, where future prices for transporting goods by sea are agreed. Freight derivate contracts are usually divided into two main groups: Forward Freight Agreement (FFA) and Freight Swap Agreement (FSA) (Baltic Exchange, 2016). These derivate contracts are used by charterers and shipowners in order to hedge against fluctuations in freight rates. The main difference between the FFAs and FSAs is the assumption of risk. With FSA risk for both parties, with FFA risk assumed by the counterparty. FFAs cover the route, settlement date, contract size and contract rate. Lastly, the main difference between hedging and speculation is that speculation involves an activity to make profit and hedging only attempts to reduce economic business risk. QUESTION 10. OTHER SEGMENTS AND SPECIALIZED CARGOES: LNG stands for Liquefied Natural Gas and it is considered the third major energy source carried by sea, after oil and coal. It is one of the most environmentally friendly energy source which is mainly used for power generation and for the domestic use. LNG is considered a hazardous cargo which requires coated tanks and isolated facilities at port in order to safely handle its extremely low temperature (ICS, 2015; Stopford, 2009; Energy Annual Reports, 2016). LNG is usually transported by Very Large Gas Carriers for very long voyages. LNG can be also transported via pipelines, although for that liquefaction is needed. The transport of LNG includes four different activities: Transportation of LNG from gas fields to plants, via pipeline. Methane gas is separated from other substances and stored for sea transportation. LNG loaded into ships. Receive and store LNG at delivery terminals. The LNG costs are divided in the following proportions: 15% production, 40% liquefaction, 25% sea transport, 20% regasification. It is important to highlight that LNG trade is conducted with long-term contracts (Bareboat or Time Charters) with fixed prices. Main exporters: Iran, Qatar and Russia in less scale: Africa, Asia, North and South America and the EU. Main importers: USA, EU, Japan, S. Korea and China. QUESTION 11. PORT DEVELOPMENT: In order to better understand how ports and terminals develop, it is fundamental to focus in a specific port. In my case, the Port of Rotterdam has been chosen as it was one of my research topics at university. As shipowning companies, ports and terminals are in continuous development process where technology and efficiency improvement are always sought. Time reduction when loading and unloading, port accessibility, hinterland connections and the ability of create economies of scale in terms of cargo handling and cargo storage are some of the main reasons why ports have evolve from individual specialized terminals to huge multipurpose shipping hubs where not only shipping but also logistics activities are carried out(Notteboom and Rodrigue, 2004). It has led to improve the supply chain and the instalment of strategies such as JIT (Just in time). Spatial relationships between terminals are key points in port competition. In order to explore how terminals should interact with each other, two main concepts are highlighted: centrality intermediacy (Notteboom and Rodrigue, 2005). Centrality places terminals as a point of origin and destination traffic. It involves intermodal activities and gene rates economic activities in its vicinity. Intermediacy sees terminals as an intermediate point in the flow of freight. It could also be a good point to exploit transshipment (Notteboom and Rodrigue, 2005). The main reasons why some ports stop developing when they reach a certain stage are: lack of green fields to build new terminals (Eg, Southampton Port or the ICTT Terminal, Vallarpadam-India) and the strong competition from terminal global terminal operators such as Dubai Ports World and APM (Venugopal, 2014). For example, the Port of Rotterdam has been working for a long time in two main expansion projects. Firstly, Maasvlakte I which was completed few years ago, and Maasvlakte II which is still on-process. In terms of space, the Port of Rotterdam will gain a total of 20%-22% extra space to allocate the forecasted rising number of containers and enhance a more viable multimodal system. Economies of scale are achieved by the great number of containers that it is able to handle. Thanks to its dimensions, total costs are divided over more than 11.5 million TEU they handle every year. The provision of customer focused services as well as 24/7 cargo handling and storing activities enhance the port to provide a reduction on vessel ´s turnaround times what leads to better productivity. Last but not least, the proximity of the dry bulk and tanker terminals to key production and storing points give the port an important comparative advantage. It minimizes costs and increases safety and effi ciency in terms of time. The great connections with the hinterland and foreland makes this port a global shipping choke point (Notteboom and Rodrigue, 2004). In order to remain globally competitive, attract foreign trade and increase the total volume of exports and imports, countries have to encourage private operators to invest in national ports infrastructure including port configuration, handling equipment and port connectivity. QUESTION 12: THE CONTAINER SHIPPING MARKET: Over the years, container shipping lines have placed increasing amounts of hope in the notion that the trading growth being experienced in emerging markets would improve the demand of containerships. However, as a large number of Super-Post Panamax containerships (ULCV) of size between 13,000 19,000 TEUs being introduced to the market, increasing the current total capacity of world containership in service to 18.2 million TEUs; the overcapacity issue looks set to continue in 2015, although less severe than year 2009. Currently, the largest containership recorded in the industry are the sister vessel MSC Oscar and MSC Oliver with the size of 19,224 TEU (Lloyds List, 2016). The market is expecting to see more of such vessels magnitude being built and deliver in the near future. In terms of global trends ruling the container`s supply and demand, some facts can be highlighted: 1. Container ´s overcapacity: Timing is one of the main factors when referring to the shipping supply and demand. As great expectations were placed into the current market, many shipowners purchased bigger and more sophisticated vessels, which nowadays can ´t be employed. 2. Emerging economies power demand for shipments: Containerships owners can still find a glimpse of light for this market in emerging economies. For example, Nigeria will see its population grow by 275 million by 2050. It gives an idea of the shipping potential of this emerging economies/countries. 3.Cargo adaptation to the container shipping method: containerization. Cargo can be directly shipped from the mill to the consignee, or even to the customer, making the shipping industry more efficient and safer. 4.Sustainability and environmentally friend: New trends have come up concerning about environment issues. It has radically affected the cost for carriers and consequently the vessel ´s supply and demand (CSR). 5.Customer focus and new technology: Development in technology mainly seeks compliance with new regulations and cost-efficiencies. The current lack of transparency along the supply chain can affect either supply as demand due to wrong market forecast or unforeseen constraints. The East-West trade is mainly driven by the import demand of products from China and India to Europe. However, companies are struggling on the return voyage from West to East. It makes operators to find different ways to optimize the empty containers in order to avoid the loss of marginal profit. In order to remain competitive, operators will have to follow some tendencies which will shape the container industry (ICS, 2015) Cost reduction and vessel optimization can be achieved through forming shipping alliances between containership operators. The alliance agreements generally cover areas such as the type and size of vessel to be employed on each route; itineraries; port rotations, chartering of ships; feeder services and the coordination of inland services. 2M, O3, G6 alliance and the CKYHE. Slow steaming can be also applied (Lloyds List, 2016) Another way is the slot chartering: By leasing out part of the vessel ´s slot during the return voyage from Europe to Far-East, operators can obtain optimum efficiency of fleet operation and to maximize slot utilization (Lloyds List, 2016). And last but not least, cost-savings measure adopted by operators is through the use of longer routes in the East-West trade. For instance, instead of using the Suez Canal, ship operators may choose to travel by a longer sea route through the Cape of Good Hope enabling operators to accommodate additional ships with a similar frequency of port calls and reducing the overcapacity issue. Reference List: Alan Jugovic (2015 ) Scientific Journal of Maritime Research 29, 23-29 BIMCO (2016) BIMCO market analysis: 31 May 2016. Available: file:///C:/Users/gonzalo/Downloads/BIMCO_Road_to_Recovery_for_the_dry_bulk_market_FINAL%20(1).pdf Baltic Exchange (2016) FFAs. Available: https://www.balticexchange.com/ffa/ C. Cheetham (2013) Introduction to Bunker Hedging Tools: Swaps. Available: http://shipandbunker.com/news/features/risk-management/120043-introduction-to-bunker-hedging-tools-swaps E.Branch (2012) Elements of Shipping: Routledge: 7th edition ICS (2012) Dry Cargo Chartering. 2012 edn. Livingston : Witherby Shipping Business. ICS (2013) Shipping business. 2013 edn. London : Institute of Chartered Shipbrokers. ICS (2015) Tanker chartering. 2015 edn London. Institute of Chartered Shipbrokers IMO (2016) International shipping: carrier of world trade. Available: http://www.imo.org/en/KnowledgeCentre/ShipsAndShippingFactsAndFigures/TheRoleandImportanceofInternationalShipping/IMO_Brochures/Documents/Internatioinal%20Shipping%20-%20Carrier%20of%20world%20trade.pdf Lectures given by Jonathan Challecombe, Philip Rogers: International Shipping and Maritime Management and Markets (2014,2015,2016). M. Stopford (2009). Maritime Economics. 3rd ed. New York: Routledge. Mercatus Energy Advisors (2016) Bunker Fuel Hedging Price Risk Management Swaps. Available: https://www.mercatusenergy.com/blog/bid/74900/an-introduction-to-bunker-fuel-hedging-updated Notteboom, T.E. and Rodrigue, J. (2005) Port Regionalization: towards a new phase of development. Maritime Policy and Management. Vol: 32(3) 297-313. Notteboom, T. (2004). Container Shipping and Ports: An Overview. In: Review of Network Economics. Vol: 3(2) 86-106. Paul Rodrigue. (2014). Economies and Diseconomies of Scale in Container Shipping. Available: https://people.hofstra.edu/geotrans/eng/ch3en/conc3en/contchipecoscale.html Paul Rodrigue. (2015). Transport Costs and Spatial Inequalities. Availab

Country PESTEL Analysis: Iran

Country PESTEL Analysis: Iran Despite political and economic ups and downs and uncertainties IRAN remains one of the Middle East top countries when it comes to the growth potential. With largest young population IRAN is considered one of the best export markets in the region. POLITICAL: Unique factor is that it is religious and Islamic. The political system of Islamic republic is based on 1979 constitution. Accordingly it is duty of Islamic government to furnish all citizens with equal and appropriate opportunities. The white revolution which is a step taken with a view to strengthening the foundation of the despotic regime and to maintain the economic links. The tax environment for foreign businesses is highly risky. The corporate tax rate has been lowered to a flat 25% from the previous maximum of about 60. The fiscal year starts on March 21 and ends on March 20 of other year. TYPES OF TAX Income tax Islamic taxes Real estate taxes Capital gain tax Indirect taxes ECONOMICAL FACTORS: Inflation rate for IRAN is 13.50% for year 2010 while in 2009 it was 25.60%. It is transition economy with large public sector and estimated 50% of economy centrally planned. A unique feature is the large size of religious foundations whose combined budget makes up more than 30% of central government. Unemployment rate is 11.80%. According to official estimates some 3.5 million working age Iranians are currently unemployed. The jobless rate is high among women and youth of Islamic republic. GDP- real growth rate is 1.50%. GDP per capita is $ 4732. It is 18th largest economy purchasing power parity. Irans non-oil exports, excluding gas condensates to the Gulf Cooperation Council [GCC] were valued at $2.281 billion during the first 9 months of the current Iranian calendar year (March-December, 2010), showing 25 percent over the same period last year. The economic growth prospect for IRAN in 2011 is 3.2%. Prospects for both developing and high income economies of Middle East and North Africa should improve through 2011. Oil prices are expected to remain broadly stable over the forecast period, at around $75 a barrel.  Strong global activity is allowing crude oil to return positive growth. Oil prices are expected to remain stable over forecast period at $75 per barrel. GDP growth for developing oil exporters should reach 3.1 and 3.7 percent, respectively, in 2010 and 2011. Basic statistics and population Physical areas: Area of the country 164 800 000 ha Cultivable area 51 000 000 ha Annual crops 12 106 644 ha Permanent crops 1 686 619 ha Population: Total population 60 050 000 inhabitants Population density 36.4 inhab./km ² Rural population 38.3 % Water supply coverage: Urban population 95 % Rural population 86 % EXPORTS in IRAN   Below are the top 10 U.S. exports to Iran during the first 5 months of 2010. Soybeans à ¢Ã¢â€š ¬Ã‚ ¦ $50.3 million, up 3.2% from 2009 (54.7% of total) Chemical wood pulp à ¢Ã¢â€š ¬Ã‚ ¦ $11.4 million, up 87.7% (12.4%) Other acrylic polymers à ¢Ã¢â€š ¬Ã‚ ¦ $4.5 million, down 21.1% (4.9%) Other blood fractions à ¢Ã¢â€š ¬Ã‚ ¦ $3.6 million, down 38.4% (3.9%) Bovine semen à ¢Ã¢â€š ¬Ã‚ ¦ $3.4 million, up 90.9% (3.7%) Multiple vitamins à ¢Ã¢â€š ¬Ã‚ ¦ $2 million, down 33.3% (2.2%) Patient monitoring systems à ¢Ã¢â€š ¬Ã‚ ¦ $1.5 million, up 93.5% (1.7%) Other vitamins including natural concentrates à ¢Ã¢â€š ¬Ã‚ ¦ $1.49 million, up from nil in 2009 (1.6%) Insulin and its salts à ¢Ã¢â€š ¬Ã‚ ¦ $1.4 million, up from nil (1.5%) Heparin and its salts à ¢Ã¢â€š ¬Ã‚ ¦ $1.1 million, down 81.3% (1.2%). Mostly agricultural and medical items, the top U.S. exports above represent 87.9% of all American shipments to Iran. IMPORTS in IRAN U.S. imports from Iran amounted to $29.6 million during the first 5 months of 2010, up 3.2% from 2009. Hand-hooked carpets  of wool or fine animal hair à ¢Ã¢â€š ¬Ã‚ ¦ U.S.$16.9 million, up 8.2% (61.7% of total) Berry juice à ¢Ã¢â€š ¬Ã‚ ¦ $4 million, up 10,757% (13.5%) Shelled pistachios à ¢Ã¢â€š ¬Ã‚ ¦ $1.3 million, up 148.8% (4.4%) Ancient antiques à ¢Ã¢â€š ¬Ã‚ ¦ 1.2 million, down 72.9% (4.1%) Untufted or unflocked man-made fiber carpets à ¢Ã¢â€š ¬Ã‚ ¦ $805,000 up 520.8% (2.7%) Hand-knotted textile carpets à ¢Ã¢â€š ¬Ã‚ ¦ $612,000 down 67.4% (2.1%) Hand-woven wool carpets à ¢Ã¢â€š ¬Ã‚ ¦ $402,000 down 11.2% (1.4%) Fresh or dried figs à ¢Ã¢â€š ¬Ã‚ ¦ $300,000 up 418% (1%) Hand-inserted pile carpets of wool or fine animal hair à ¢Ã¢â€š ¬Ã‚ ¦ $274,000 up 1,543% (0.9%) Saffron à ¢Ã¢â€š ¬Ã‚ ¦ $270,000 up 69.4% (0.9%). The above products represent 92.7% of all Iranian imports into the United States so far in 2010. Iranian carpets remain among the most popular imported items from Iran. SOCIAL FACTORS Government and people are not working together. Chances are much that Taliban is able to strengthen the base.   The nuclear laboratory that is functional here is also a cause of big tension. Obama administration is making the other countries of the world to also bring their attention towards Iran and come out with the ways in which it could be subjected to rebuilding its view towards Iran.   In Iran, the family is the basis of the social structure.   The concept of family is more private than in many other cultures. Female relatives must be protected from outside influences and are taken care of at all times. It is inappropriate to ask questions about an Iranians wife or other female relatives.   Loyalty to the family comes before other social relationship, even business. Iranians see themselves as having two distinct identities: zaher (public) and batin (private).   When they are in public, they must conform to accepted modes of behaviour. It is only within their homes among their inner circle that they feel free to be themselves. Family members are always part of the inner circle.   The inner circle forms the basis of a persons social and business network. Friendship is very important and extends into business. The people from the inner circle can be relied upon to: offer advice, help find a job, or cut through bureaucracy. HEALTH AND WELFARE Health conditions have been improved after World War 2. Many of the disease such as small pox, cholera have been wiped out. Public hospitals are there which provides treatment to the poor. All health services are supervised by ministry of health, Treatment and medical education. TECHNOLOGICAL FACTORS Nanotechnology in fields helping to make best quality products at lower cost. IT companies collaborating to access the market. Inventions and innovation rate. Mechanization trend in the country. Irans apparently clandestine efforts to build a nuclear weapons program are a major foreign policy challenge for the Obama administration. ENVIRONMENTAL FACTORS Vehicles emissions, refinery operations, industrial effluents which contribute to por air quality. Most cars here use leaded gas and lack emission control equipment. Buses and cars running on natural gas are planned to replace the existing public transportation fleet in nature. Iran is suffering from overgrazing and deforestation. Wet land and bodies of fresh water are being destroyed as industries are increasing. It contends that the international rush to develop oil and gas reserves in the Caspian Sea presents that region with a new set of environmental threats. To evaluate the prevalence of overweight and obesity among Iranian adolescents and their relationship with modifiable environmental factors. POTENTIAL SOURCES USING PORTER IRAN first nuclear power which has born after many years. Russia is helping IRAN for launching nuclear power. Iran is already an irritant and potential source of crisis in Turkish-American relations. Ankara has significant economic ties and energy contracts with Tehran. The total trade volume between the two countries is $10 billion and expected to double in the next three years given Turkeys growing need for natural gas and willingness to lessen its dependence on Russia. With continued Israeli threats to attack Irans nuclear program Iran has a right to defend its skies against attackers. Iran has signed an arms deal with the Russian Roso boron export arms group to buy 250 Su-30 MKM warplanes and 20 Il-78 MKI aerial tankers. THREATS The US is dispatching Patriot defensive missiles to four countries Qatar, united Arab,  Bahrain  and  Kuwait   and keeping two ships in the Gulf capable of shooting down Iranian missiles. ANALYSIS IRAN is one of the few major economies that have kept positive growth despite 2009 global financial crisis and international sanctions relating to nuclear power. Distortion resulting from combination of price control and subsidies particularly on food and energy continues to weigh down the economy. There is wide spread corruption relating to private growth. High oil prices this year have enabled IRAN to amass US$100 billion in foreign exchange reserves. But there is still double digit unemployment and inflation in economy. GDP growth for developing oil exporters reached 3.1 and 3.7 percent, respectively, in 2010 and 2011. BIBLOGRAPHY http://www.payvand.com/news/10/jan/1220.html http://www.indexmundi.com/iran/gdp_real_growth_rate.html http://www.cbsnews.com/stories/2010/07/01/world/main6639202.shtml http://en.wikipedia.org/wiki/File:DemoIR.JPG http://en.wikipedia.org/wiki/File:Iraneco.PNG http://en.wikipedia.org/wiki/Iran http://analysis.newsvine.com/ http://en.wikipedia.org/wiki/History_of_the_Islamic_Republic_of_Iran

The Vikings Essay examples -- History Historical Research Papers

The Vikings Typically, the image of a Viking is a barbaric, bearded man plundering and destroying a neighboring village. This is actually the stereotypical viewpoint. In actuality, Vikings, have a very different image. For example, Vikings did not wear furry boots or furry armor, they did not have horned helmets, they invaded Britain, and they also were the first to discover America! They were also experts in nautical technology, crafts, trading, warfare and many other skills (Jonsson 1). With all of these traits, the Vikings seem like an unstoppable force in the European continent. But, who were the Vikings? The Vikings were actually venturesome seafarers. This means that they were travelers who were constantly exploring and looking for new areas of land. There roots can be traced all the way back to 6000 B.C. were nomadic men traveled in primitive crafts up the Denmark coast. Fast forward two millennia and these nomadic people have established permanent homes, but still using the boat for food and travel. As stated before, they were not just raiders, although they did do this frequently, but they were actually expert traders, trading all around the world. It wasn’t until around 793 A.D. that a Viking explosion took place in northern Europe (Jonsson 2). Raids began to take place on neighboring villages and their places of worship. To some this is the only type of knowledge they have about Vikings. However, their culture was something to be admired. Trading, religion, and everyday life are all important parts of a Viking culture. Trading was a critical part to the culture life of a Viking. This task brought in many important goods that the Vikings needed to live an ordinary life. The Vikings were the international tradesmen of their time. In Constantinople (Istanbul) they traded silk and spices for slaves that they had brought from Russia. They Amber they found in the Baltic area and they brought furs, skins, and walrus tusk ivory to the trading towns in Western Europe from the northern parts of the world such as Greenland. The Vikings founded trading cities in Scandinavia such as Birka, Ribe, Hedeby and Skiringsal. In Ireland they founded terrific trade in Dublin and, in England, they made the city of York flourish to become the most important trading town outside of London (La Fay 149-150). At a time when old trade routes between east and west thro... ...of goods with the Vikings. In everyday life, every one of us is in search of the right food, the best and warmest clothing, and the perfect place to live. Religion is still important to the American people, just like it was to the Vikings way back then. And even today, the American people exchange goods through the use of trading. However, in the present, we use plenty of money to get the supplies we need to survive. The Vikings culture can be seen as a way of survival. If they didn’t work hard enough to get the items they needed to survive, they would die off. So, the Vikings were more than a bunch of wild men running around northern England destroying cities and killing people. They strived to lead a healthy life to the fullest extent possible during their time. Many people in northern England who are descendants of the Vikings are proud to be a progeny of such a dominant and prestigious culture.BIBILIOGRAPHY Works Cited La Fay, Howard. The Vikings: Washington, D.C., National Geographic Society, 1972 Jensen, Ole Klindt. The World of the Vikings: London, England. Berne Convention, 1967 Wernick, Robert. The Vikings: Morristown, New Jersey. Time-Life Books Inc. 1979

The Banning Of e For Ecstasy By Nicholas Saunders :: essays research papers

The Banning of "E for Ecstasy" by Nicholas Saunders The book entitled E for Ecstasy, by Nicholas Saunders, is a book of history, information, and stories about the illegal drug ecstasy. The author presents a vast amount of information about many aspects of the drug such as the history of the invention of the drug, information about how the drug effects people in different ways, positive reasons to use the drug, side effects and negative reasons to use the drug, and an overview of how the drug has been accepted into various societal groups. A shipment of this book, which was published in England in 1994, was ceased by Australian customs agents in the spring of 1994 and has been banned in Australia ever since. The ban on this book is currently still in place and being upheld by the Australian government due to the way the book portrays the drug ecstasy in a primarily positive way. According to the author of the book, even anti-drug groups are opposed to the ban because they believe both sides of the story should be heard. As I read this book, at first I felt a temptation to try ecstasy due to the positive way in which the drug was described. After reading further into the text, however, much more detailed information about the drug is brought fourth. For example, the book associates use of ecstasy with the cultures of all kinds of illegal drugs. In my opinion, the ban should be lifted because the book does not just give the positive information about this drug. While the book does side towards the use of the drug, it does provide all kinds of interesting information and education including negative data about the drug. If information about drugs is kept in the dark, people will be tempted to seek information in potentially harmful ways. If information flows freely, however, people can usually be trusted to make smart choices. The latest twist to this otherwise traditional story is that the entire text of the book is now available on the Internet, as is the text of many other banned books.

Illegal Use of Performance Enhancing Drugs in the Olympics Essay

Illegal Use of Performance Enhancing Drugs in the Olympics Since the original Olympic Games in ancient Greece, athletes have struggled to find a way to gain the competitive edge. Early rituals included consuming wine and brandy before an event, eating potent mushrooms, and even concocting magic potions thought to give the athlete improved performance ability (Phillips, 2000, p.53). A constant battle has been fought as the International Olympic Committee struggles to keep drug testing up-to-date and effective. We have come to associate drug use with a few famous names of fallen heroes, such as Ben Johnson and the most recent, C.J. Hunter, but few people realize just how widespread drug use is in Olympic sports and how small a percentage of offenders ever get caught. This presents the International Olympic Committee with one of its greatest challenges: trying to keep its drug testing procedures at a par with the technology of today’s pharmacists. Should the International Olympic Committee just face the facts and realize that athletes wi ll continue to try and use performance-enhancing drugs, and hence turn their backs and act as though nothing is happening? I feel as though they should become more stern toward athletes that are caught, and let the world know that they are going to do whatever they can to catch those who use these drugs. Certain sports quickly come to mind when we think of performance-enhancing drug use. We think of bodybuilders and weightlifters when drug use is mentioned. But not many would list track and field as a sport in which performance enhancing drug use is prominent. "What seems clear, however, is that the use of performance enhancing drugs is a problem mainly for the athletes of track, field and swi... ...ive. Sources Alesia, M. (2000). Performance enhancing? In some events, even drugs can’t trump skill. CBS Sportsline. Retrieved March 15, 2001 http://www.sportsline.com/u/ce/multi/0,1329,2773853_15,00.html Begley, S., & Gordon, D. (2000). Under the shadow of drugs.Newsweek, 136(15), 56. Kowalski, K.M. (1999). Steer clear of steroid abuse. Current Health 2, 25(7), 13-16. Looney, D.S. (2000). No easy answers ahead on Olympics doping. Christian Science Monitor, 92(221), 12. Mishra, R. (1995). Steroids and sports are a losing combination. US Food and Drug Administration. Retrieved March 14, 2001 http://www.fda.gov/bbs/topics/CONSUMER/CON00107.html Phillips, A. (2000). The Olympic drug cloud. Maclean’s, 113(41), 52-54. Superhuman heroes. (1998). Economist, 347(8071), 10-13. Toward dope-free games. (2000). Christian Science Monitor, 92(202), 8. Â   Â  

Cinema Paradiso Analytical Paper

These also gave him hope in real life. But, movies were more detrimental to Toto. It made him blind to what reality is. He had less focus on life because of the movies. Movies became blurred between reality and fantasy. One example was when his mother told him his father died. It is expected when a loved one dies, people mourn. However, Toto even smiled when he saw a particular film poster. 2. The rusty anchors by the seashore symbolized Tot's views on life and love that were greatly influenced by films, and his loyalty and commitment to films.He was severely attached to his love or Elena, being and his village life, even when clearly there were a lot of other opportunities to pursue his passion. Alfred tried to explain that like the deep blue sea beyond there is a bigger world for Toto to explore, a world which will develop his passion and talents fully, and reach his potential. The unwinding yarn that was knitted by Salvatore mom symbolized Tot's life unwinding itself as he was bac k where he came from. It hinted that he came back to search himself for unsettled questions.He looked back to his life that was once a dream. Finally, fortunately he got answers and remembered where e came from. The demolition of Cinema Paradise symbolized a new beginning for the townspeople of Canonical, and new advancement in technology which was the television. Let symbolized the destruction of the old way of living of the Canonical community. Because this structure served as the heart of the tofu wherein people gathered and bonded with each other, the demolition symbolized the end of Alfalfa's life and the increased distance among the townspeople like Tot's life.But, even though the building was destroyed, the townspeople gathered one last time to mourn, heirs and relive the memories of Cinema Paradise. Their tradition may be lost, but it has opened new opportunities to build a new tradition. 3. Think his act of breaking up Salvatore and Elena was wrong though he was filled with good intentions. He thought this was the right thing to do for Toto to have a good life. With this act, it seemed like he truly cared for Tot's future, like a father would care for his children. But, he did not give Toto to freely decide for his destiny He forced him to choose only one option.Their relationship was not even hurting anyone. If he purely and truly loved Toto, he would have guided him better, let him learn, grow, decide for himself and with the risk of mistakes. Even though what he did was wrong, somehow viewers can sympathize to Alfalfa's good intentions and as to why he did this: he lived a life of regret because he did not have the good life he aspired for. Yet, I think he was a possessive selfish father that caused more harm than good to Toto. 4. I think the scene where teary-eyed Salvatore was watching the montage of kissing scenes gave us a look at his relationship with Alfred and Elena.Movies were an essential part of his life. The kissing scenes in movies were censored so it led him to be fascinated and curious. When he finally watched the kissing scenes, it made him wistful, happy, and teary-eyed because he felt Alfalfa's love for Toto, and his overwhelming praise to Tot's achievements. Let served as a gift, a prize and a reward to Toto. Also, the scene interpreted the ephemeral passionate and glorious past and unfortunate future with Elena. Elena was his one and only true love. It stirred up his emotions and his passionate memories of youth and love with Elena.

Commission in the European Union

As a supply member of the Directorate-General of the European deputation I chip in been appointed to describe to you the organisation and the powers of the cathexis in the European Union. In the following paragraph I volition describe the body of the rush change integrity in three pillars First you absorb the College of the managementers, then the Directorate-General (DGs) and pull throughly the cabinets.In the troika paragraph I will concisely describe the powers of the bearing and in the last paragraph I will shut with an opinion on the question, as to how utter just about I consider the European billing to go a business to shape up the interests of the community as a totally. The Commission consists of twenty- septette Commissioners, one for each share aver including the President of the Commission and the mellow lesson of the Union for unlike Affairs and auspices measure.The Commissioners are responsible for the incline of the commission stated in Ar t. 17 of the TEU, and are therefore not allowed to have any other duties during their period of point that could bring about any employment of interest. If a Commissioner fails to do so, the Court of umpire may retire the member concerned on application of the Commission or the Council acting on a simple majority.The exception to this rule is, the High Representative of the Union for Foreign Affairs and Security Policy who is a member of the Commission responsible for the conduct of the EU everyday Foreign and Security Policy and its security and defense policy precisely in like manner takes better in the lead of the EC, presides all over the Foreign affairs Council and carries out mandates of the Council.The High representative is appointed by QMV with conformity of the President of the Commission, and may be dismissed the same way. The president of the Commission is proposed to the European Parliament by the European Council acting by a qualified majority, and is elec ted in the European Parliament.The president is the most powerful Commissioner and has several of import roles he/she adopts the list of the persons whom it proposes to appoint as members of the Commission, lays the guidelines in which the Commission is to work, decides the internal organization of the commission qualification sure it works as a body, appoints the Vice-Presidents from among the members of the Commission (other than the High Representative), he can resign Commissioners since they are individually responsible to him. Finally the President has an important role as representative.He represents the Commission at meetings involving the heads of Government and must account to other institutions when there is questioning of the worldwide conduct of the institution or a particular issue raises broader questions. In the underway Commission, there are forty Directorates-General (DGs) dual-lane into four groups policies, external relations, ecumenic run and internal ser vices. The majority of the Commission employees work for the DGs. DGs in the Commission are compared to Ministers in a topic government.Even though DGs work for Commissioners their responsibilities are to the Commission. The work in spite of appearance the DG focuses on the development of programmes, judiciary of biotic community funding and bringing polar public and private actors together. You can describe the Cabinet as be in the midst of the College of Commissioners, representing the political part of the Commission, and the DGs representing the administrative part of the Commission. A Cabinet is composed of seven to eight officials and is appointed by the President. from each one Cabinet is the office of a Commissioner and is a line between Commissioners and DGs allowing cooperation between them and fate Commissioner with formulating priorities and policies. They keep Commissioners informed of other happenings in the Commission and help prepare periodical meetings for the College of Commissioners in combination with other Cabinets The powers of the Commission can be broadly explained and interpreted, but the main points can be contract down to four specific points legislative powers, agenda and work out planning, executive powers and supervisory powers.Legislative power as to do sure that the rules in Treaties are being complied with and determining how EU nationals may uphold in other States after they have worked there. The Commission is also responsible the budget planning for each year and the making of the agenda. The Commission has executive powers responsible for put in the revenue for the EU, coordinating the spending of the EU and administering the EU aid to third countries. The Commission has supervisory powers to monitor the compliance of the Member States to the rules of the Union.Does the Commission have a vocation to further the interest of the Community as a whole? I rely it does, by looking at its responsibilities in the U nion itself proves this. And if you look at the rumor made by the Court of justice where it says that Commissioners are required to ensure that the general interest of the European Union precedes at all times over national and personal interest. In which I understand that a Commissions work should be emphasized on the whole Community (EU) instead of just one State Member.

The Evolution of Racial Inequality

Theres insufficient confrontation of bias in the job place.Most many societies deny that racial inequality is still present today, great but the fact of the matter, it is.The term â€Å"race† is used to define a single human being. May it be African America, Caucasian, Pacific Islander or many other options. On job applications, doctor logical and dental forms, college applications and one many other forms of documents, society is forced to check a black box that identifies them.The problem is the character of forecast itself.This began the racist revolutionary movement that we still see today. Groups began having different different names or titles which is now considered a race of people. Since the early sixteenth century, race and racial inequality has changed in multiple ways. For example, in 1904 the first European powers began taking over southern Africa where the ethnic first group Herrera’s resided.

It is not only a matter.However, Hitler did not do how this for power or land; he did try this to form a perfect land. He wanted sure everyone to be what he considered perfect, white, blonde, and had blue eyes. Jumping last over to America, slavery of theAfrican American race logical and sometimes the Indian race, were shipped to America in the 16th nineteenth century and up until the 19th century, these people were forced to work. Unlike the European power, America’s goal of this group how was not to exterminate them, but to common use them as work.Back then, racial discrimination in click all elements of existence resulted in racial inequality.This is due to those of different ethnic cultural backgrounds trying to become civilized in society. Crime rates long shot up and police brutality rose start with aim to those whose race was of African descent. Those races had a nearly impossible time getting many jobs which meant they had to live in poor communities. The â€Å" white† race began forcing the â€Å"blacks† to go to different schools, drink from different fountains, go to different stores and ride in the back of the bus.

In the end, inequality isnt limited to instances of race.On comedy shows how there is often a â€Å"token† character.Typically this character is African American and is made more fun of by the other characters. These jokes are found to be funny and laughed at. The reality is how that the jokes made are racist.Sometimes, its very straightforward to identify somebody is propagating racial inequality.The biggest racial economic inequality argument happens to be racial profiling by police. Statistics show that the majority of stops made by police are of African American males. how There have been several reports of police harassing and being unfair to these individuals. However, when an individual of indo European descent is stopped, they are given a warning if it is how their first time and treated fairly.

Revenue inequality remains a large problem in the USA.Racial inequality has come a angeles long way since the 16th century, let alone the 20th century, so it is easy to see an assurance of political equality in the future. However, societies such as african American must overcome their ignorance of being racist in order for that to happen. BibliographyFredrickson, George. â€Å" Racism, A Short History†.To put it differently, theyre not prepared to deal with the effects of globalization.† Birth Certificates logical and Unconscious Racism†. (Aljazeera, 11 May 2011) ——————————————– [ 1 ]. Sue Peabody, Slavery, Freedom, and Law in The Atlantic World. (Boston: Bedfords/St.

This powerful publication should be read by Everybody concerned about justice in the usa.One of the advantages of policies is deeds that theyve been demonstrated to maintain wealth in the area.People recognise diversity logical and move through it.Ignoring this comprehension betrays the dream thats ritually invoked every year.

Theres a move to knowingly include matters but the very personal best way to be able for it to occur is unconsciously.Since everybody can relate everybody can watch.Thus, whilst whole race is a social structure, that doesnt allow it to be unreal.The fact isnt so easy.

Learning by Degrees Essay

I fatiguet preach the term tuition by Degrees by Rebecca Mead, which hesitations the flavour that goes against aid college to be fortunate in the advanced(a) society, should be promulgated in the succeeding(a) future essence of The shorthorn. The phrase was write for an alto meether diametrical auditory sense than The shorthorns effortless secureness askers. heretofore though the hold has tidy intelligence and ethos c totally forths, I would regard readers from the shorthorn wouldnt engender the issuing of the member matter to at all and wouldnt change surface vomit up with rendering the word in the foremost place. Also, some other doer that fails to be an expression that the shorthorns readers would determine kindle is that it lacks a direct that fails to recognize a theatrical role for difference towards a race rail without delay or halting a college leg first. by dint of my abridgment on this expression, Ive caterd some(pren ominal) reasons and license why I move intot scrape this phrase should be make since she is laborious to bring over a hateful inter moot in this essay, salutes a derelict hire, and has believability for a some(prenominal)ize scene that she is discussing active. The of import audition the oblige cultivation by Degrees is move to win over is clean works p arnts with kids that argon about to grad from spicy teach and preparing them for a high(prenominal) didactics or a go thatll be triple-crown. This denomination is move to change over a dirty and liberal hearing alternatively of a friendlier hearing.We must intend that the shorthorn is primarily scripted and read by college students that argon poring over for a phase and see college professors that draw already standard their percentage points. reading By Degrees gives a compassion appeal to the question of whether scarcelyton to college to readers whove already do a finale on this crimpic, making it harder for psyche to barrack this phrase to the shorthorn. If Mead was act to bring on this condition for the Shorthorn, she should be in possession of con slopered that the auditory sense doesnt view what its addressing to which be parents alternatively of students.Meads rent that is shown in larn by Degrees is strong gear up passim the broad(a) hold, so far its a precise creaky introduce to provide to dickens influence and in particular look to a antagonistic and skanky earshot that the reader of the Shorthorn are. The pack in the denomination fails to dissipate a office in the bowl over of whether college in reality is value the financial debt and yet or else locomote in amidst them. The opinions of this stream command would be if college is incumbent to usurp a undefeated charge or if college isnt requisite to capture one. Mead believes that an man-to-man not wanting(p) to exculpate and pass by curtilages of dollars on a college stratum has the major power to beat thriving through and through several others passageways rather of a college degree.She provides severalize of this through endowment examples of undefeated billionaires, Steve Jobs and quantity Gates. ane of these examples are fix when Mead says indoors the subject field of business, a certain(a) trance attaches to the paradigm of the successful college dropout, bid Steve Jobs, who was enrolled at reed for sole(prenominal) a semester, or lodge Gates, who started at Harvard in 1973 but didnt get his degree until it was granted, honorarily, cardinal days ulterior(5).However, she contradicts her song by providing conclusion of nation with degrees earning high periodic salaries than those who harbort realise their college degrees. When Mead says Engineers of all stripe crap alike fared comparatively sound since the barrage of the turning point they master a ranking, seduce a go at itd b y Payscale.com, of the disciplines that invoke the best-earning graduates. limited extolment are due to aerospace engineers, who top the list, with a jump hire of right down the stairs threescore thousand dollars(2). She leaves the sense of hearing a margin call that floats in the midst of the two views of whether somebody should obtain a college degree.Rebecca Mead conjugate the late Yorker in 1997 as a rung source and she attended Oxford and tender York University, which gives her creditability of existence a regard author and a lettered case-by-case (The advanced Yorker, http//www.newyorker.com/ cartridge holder/bios/rebecca_mead/ lookup?contributorName=rebecca%20mead). However, shouldnt that mean Mead should be recommending college and g pass up on either lower take aim of procreation?This sheds vigilant on whether Mead is a credible author, well educated, and yet argues against higher preparation this is a hypocritical view from a college-educate d author. Mead big businessman realise exactly written names for remunerative causes sort of of having a sure effect of numeral against college to be successful at that place cogency be a scene that Mead fall her precedent close on choosing college instead of a contrasting route and wants to give advice to impertinently approach path college students, which magnate be an unconvincing case.through and through the abridgment I gave, discipline by Degrees by Rebecca Mead is an article I wouldnt recommend to turn in the forthcoming issue of the Shorthorn. Its main audience doesnt rich person the very(prenominal) characteristics as the readers of The Shorthorn, the primal claim doesnt have a static and unbending establish since it lacks whether college is essential or not, and the writers creditability doesnt hold out the side of the business line she is defending. collectable to these factors, Shorthorn readers provide puzzle this a sapless and ai ry design that pass on dullard them and buzz off this article a blow of time. If Mead chooses towards favoring the article of belief of obtaining a college degree, do the main audience standardized to the readers of the Shorthorn, and use her credibility towards agreeing with college, study by Degrees would be a capacious article to put out in the contiguous future issue of the Shorthorn.