A Comparison between the Pantheon and the Coliseum Essay

A Comparison between the Pantheon and the Coliseum - Essay Example This research will begin with the statement that the Roman Empire has been credited with a lot of history regarding its people, events, and most importantly architecture. Rome’s historical credit, in terms of architecture, is partly attributed to two great buildings, which are the Pantheon and the Coliseum. Architecture in Rome was not only limited to buildings but also included roads, great walls, forts, and baths. These two buildings see to it that Rome hosts an influx of hundreds of tourists on a daily basis. The building, Pantheon, was constructed in AD 118 at a site, which two buildings built had earlier burnt down. On the other hand, Coliseum was constructed in the year AD 80, on a site that hosted an artificial lake. The building of the enormous Pantheon structure was under the orders of Emperor Hadrin. Flavian Amphitheater is a different name used to refer to the Coliseum, whose construction was under the orders of Emperor Vespasian. Looking at the time the emperors ga ve orders for constructions of the two buildings, it is evident that the Coliseum was built earlier than the Pantheon, and both buildings count over 1,900 years of their existence. Pantheon, dome-shaped, was built with the objective of being a Temple. Coliseum was built in a shape that resembles an arena, and in most instances, it served the purpose of accommodating people during public entertainments and free games. The Coliseum suffered an incident in which part of it was destroyed by an earthquake, but to this day, the two buildings are still in existence serving as historical sites. Architecturally speaking, the two buildings the Pantheon and the Coliseum, can be compared and contrasted. Culture, traditions, and religious beliefs of the Roman Empire affected the architectural construction of the Pantheon and the Coliseum. Ancient Rome’s culture, tradition and religious belief were marked with the building of structures, which were novel at that time. Ancient Rome was an architectural society as it is reflected with the numerous constructions of monuments, temples, roads, forts, markets, theatres, villas and great walls. The structures were used for entertainment and religious purposes. Culture in ancient Rome entailed entertainments and games, which featured gladiators or slaves, fighting and the only way to win was to kill the opponent while spectators watched. In ancient Rome, tradition was practiced through worshiping gods in the buildings constructed as temples. Additionally, religious belief in ancient Rome was practiced through Christians worshiping their God in temples. The Coliseum Cultural, traditional and religious influence on the Coliseum The political class of Rome took advantage of Rome’s culture to construct the Coliseum in order to distract its citizens from politics. This was due to the fact that ancient Rome’s cultural practices were marked with a lot of entertainment and games. The Coliseum, which is an enormous structure, was built with the intention of providing an entertainment zone for Rome’s citizen at that time. Its construction was also political, in that it distracted the citizen of Rome from focusing on the political struggle at that time. The arena could accommodate more than 50,000 people in its four stories during entertainment sessions. This ampitheater was commissioned by the Emperor Vespasian credited to have been the founder of the Flavian dynasty, which ruled ancient Rome the entire time the Coliseum was under construction. Rome’s architectural culture was exemplified when Emperor Vespasian annihilated an artificial lake, which was constructed during Emperor Neroâ₠¬â„¢s reign and replaced it with the Coliseum (Coarelli & Gabucci, 2001 p207). The culture in ancient Rome, all along was also practiced through having many days and nights dedicated to celebrations and festivities. The celebrations were marked with slaughtering animals, drinking and organizing games to be watched by crowds of

Teen Pregnancy Essay Example for Free

Teen Pregnancy Essay Teen Pregnancy has always been a sensitive topic to many. Recently though teen pregnancy has become a major problem in society. The question that comes to mind is then, what can be done to reduce the number of teen pregnancies? Whether it be done by way of sexual education programs or other methods it is clear that something must be done. Currently not enough is being done to fight the number of teen pregnancies. â€Å"Teenage pregnancy and birth rates both dropped in the 1990s. Increased use of contraceptives and increased abstinence among teens could explain the decrease. However, the U. S. still has the highest rate of teenage pregnancy among western industrialized nations, 42. 9 births per 1,000 females aged 15-19. In 2002, there were 431,988 births to females under twenty. Four out of ten girls become pregnant by the age of twenty. Eighty percent of these teenage pregnancies are unintended, and 79 percent of pregnant teens are unmarried. The birth rate remains high in low-income, minority neighborhoods, where the birth rate still remains at 153 and 138 births per 1,000 for black and Hispanic teenage girls respectively. Sixty percent of all teenage mothers are in poverty at the time of birth† (Teenage Pregnancy Prevention 1). These numbers plainly show that teen pregnancy is still a major problem. I believe one of the most prominent causes of teen pregnancy is stress. Many teens in today’s society are too stressed by daily life, and could be turning to pregnancies as a way of continuing their â€Å"name†. In a small Massachusetts community where teen pregnancy rates were high it was also noted that their families were also going through a rough patch. An additional cause is that teens do not have enough teaching when it comes to sexual education. Parents need to talk to their children about the dangers of sex. Doing something about this problem is something that many believe involves sexual education. A recent study showed â€Å"A growing number of sex education programs that support abstinence and the use of contraception for sexually active teens have revealed a positive effect† (Sex ed programs actually can work 14). Sex education should be made mandatory in schools. Another method that many adults believe is necessary is making items such as condoms easily available for teens. Some school nurses have gone as far as o pass out condoms to students. This however crosses a boundary with another controversial topic. One Final prevention plan involves everyone who is willing to help, by simply making sure your community clinics and help services are open long enough you can help provided teen in need with a place to go. Teen Pregnancy is a problem that can not be fixed immediately, but by promoting awareness a decline may be in the future. The general public must find a way to help the efforts in whatever means possible. One thing we do know is that without our action this problem will not be changed.

PepsiCos diversification in the world market

PepsiCos diversification in the world market Pepsi-Cola came into being in 1898, when Caleb D. Bradham, introduced Brads Drink, a blend of Peps-Cola, carbonated water and sugar. Bradham later renamed the drink Pepsi-Cola. The company Pepsi-Cola was launched in 1902 in the back room of the pharmacy of Bradham, as the business began to grow it was officially registered with the U.S. Patent Office on June 16, 1903 as Pepsi-Cola. (Pepsi Store History of the Birthplace of Pepsi). 1 As time passed by Pepsi-Cola moved away from the low-price strategy and launched an extensive marketing campaign to boost the companys image. In 1950, Pepsi- Cola had the slogan, Be sociable, have a Pepsi. The number of CEOs, Presidents changed over time but the essence of the culture of Pepsi-Cola remained intact, from Donald M. Kendall, CEO in 1963 to Wayne Calloway. CEO in 1986, the company remained consistent with its emphasis on people, the company backed people, not projects, in its resource allocation decisions, and these decisions were made quickly. Wayne Calloway was resolute to continue in the strong tradition of the company and the previous CEO, of identifying investment opportunities, which had potential the potential to make the company grow. These opportunities would eventually lead to higher sales, higher earning growths and increase in companys value on the stock market. Over the years PepsiCo has been able to build a dominant market share in the world as provider of snack foods or beverages, during the process PepsiCo has made key decisions, both positive and negative. To attain this position several acquisitions of fast food chains were made and precedinmg divestitures as well. ( PepsiCos Diversification Strategy, oppapers.comHYPERLINK http://www.oppapers.com/essays/Pepsico-s-Diversification-Strategy/248234). 2)HYPERLINK http://www.oppapers.com/essays/Pepsico-s-Diversification-Strategy/248234). 2.HYPERLINK http://www.oppapers.com/essays/Pepsico-s-Diversification-Strategy/248234). 2 HYPERLINK http://www.oppapers.com/essays/Pepsico-s-Diversification-Strategy/248234). 22 PepsiCos diversification strategy can be viewed in three broad categories: Soft Drinks Soft drinks represented 35% of PepsiCos sales and 39% of its operating profits in 1991.To make the figures even better Pepsi Co acquired acquire several of its franchised bottlers, including some of its largest ones. It also acquired the international operations of Seven-Up, the third largest soft drink operation outside the United States, for $246 million. Snack foods Pepsi-Cola acquired Frito-Lay in 1965 and with brands such as Doritos, Lays, Fritos, and Ruffles, Frito-Lays share of the $10 billion U.S. snack chips market was nearly half, and PepsiCo Foods International (PFI)s share of the $13 billion international snack chips market was about one-quarter. In 1989, PepsiCo purchased two U.K. snack companies-Smith Crisps, Ltd. and Walker Crisps, Ltd.-for $1.34 billion, becoming the leading snack food company in Europe. Restaurants In 1986, PepsiCo purchased Kentucky Fried Chicken. Combined with Pizza Hut and Taco Bell, the purchase made PepsiCo the international leader in number of restaurant units. In 1991, PepsiCos restaurant segment attained the highest revenue of the companys three segments, surpassing soft drinks for the first time. With three top line restaurants under its charge, Pepsi Co was on its way to constructing a recognizable three-legged stool. The CEO Calloway, felt that the new structure would bring the company success and costs would decrease significantly by transferring of skills across the three chains. PepsiCos strategic planners believed that quick service restaurants would remain the largest segment over the following decade. They had identified several major industry trends. First, they believed that simplicity and convenience were becoming increasingly important as people worked longer hours and had less leisure time. Second, they thought that, due to economic pressures and an overall decline in consumer interest in prestige and status, consumers would look for value. Third, they identified variety as a significant trend, remarking that growth in ethnic product categories tended to reflect the increasing diversity of the U.S. population. Finally, they believed that the health and nutrition trend that had begun in the 1980s would continue as the population aged. Based on this analysis, PepsiCo thought the quick service, casual dining and take-out segments would be attractive opportunities for investment. Why Should PepsiCo acquire Carts of Colorado (CoC) and California Pizza Kitchens (CPK)? Carts of Colorado (CoC) Carts of Colorado (COC), is a Denver designer, manufacturer, and merchandiser of mobile food carts and kiosks (Carts of Colorado,HYPERLINK http://www.cartsofcolorado.com/index.htm).3 INC).3 Carts of Colorado was setup by two brothers, Stanley and Daniel Gallery from Denver, Colorado. Both had previous experience of working in their mothers restaurant, they took credit card cash advance, and setup a cart .The business did good, they expanded and had 20 carts by 1984.The carts of Chicago-Style Sandwiches did not meet the standards of Federal Food Drug Administration (FDA), so Stan modified the cart and produced one that did more than meet the current standards. In 1984, the Gallery brothers established Carts of Colorado to manufacture carts. It would be extremely beneficial for PepsiCo to acquire Carts of Colorado (CoC) for a number of reasons. Firstly CoC has clients ranging from Burger King, Coca-Cola Company, Dunkin Donuts, Mrs. Fields, and Disney, this acquisition would enable Pepsi Co to tap into a new market and become a supplier to these big companies. Secondly CoC had a potential to grow into an even better and bigger company, as the founders were willing to invest for the technological advancement of the carts, such as radio telecommunications and computers. Lastly the point which goes in favor of acquiring CoC is that they had they purchased their largest competitor, for $65,000 in 1990, so basically they were market leaders. California Pizza Kitchens (CPK) California Pizza Kitchen (CPK) was started by Larry Flax and Rick Rosenfield, both were assistant U.S. attorneys for the Department of Justice; both had a passion for cooking and the two setup their own restaurant. (California Pizza Chicken).4 CPK targeted young, upscale singles and couples, families, and elderly retired people seeking a moderately priced, yet comparable-quality alternative to fine dining restaurants. Acquisition of CPK will prove to be profitable business for PepsiCo as CPK is a thriving and profitable business with potential to grow even further. Secondly their core competency, that is, constant adding of new items in the menu and the high level of service make it a well reputed restaurant in the market. Lastly the employees of CPK were committed to the company as it provided them job security and opportunities of moving up to the higher positions in the chain administration. This would be a welcome addition in the task force of PepsiCo. Why shouldnt they acquire them? Carts of Colorado (CoC) Firstly, the Stanley brothers were not the best people to work with; they wanted complete control over their own business. After selling 30% of their business to a venture capital firm ,they eventually forced the new management out ,as the Gallery brothers were vary of the way the business was been run. Secondly CoC was not the lowest cost cart manufacturer in the market, as the Gallery brothers had made a number of modification to the carts, e.g. (smaller carts, while increasing their food storage and cooking capacity) and invested in upgrading cart technology, they were not the cheapest option around. California Pizza Kitchens (CPK) Firstly the owners of CPK, Flax and Rosenfield had been hesitant to franchise the concept. Secondly Flax felt that it would be fatal to sell the company now after putting in so many years of hard work, he wanted to take it forward and had decided to make the company public. As he said: It would kill me to sell now for $100 million and sit on the sidelines and watch somebody else either destroy it or do great with it. (Michael Barrier, Nations Business, March 1991, p. 14.) 5 It would take long negotiating talks to convince Flax and Rosenfield to sell up the company. What do you recommend? According to my opinion PepsiCo should make very possible effort of acquiring Carts of Colorado (CoC) and California Pizza Kitchens (CPK). Since both the businesses are vibrant and progressive, making profits they would be a welcome addition to the food chain of PepsiCo. The other point which favors the acquisition is that both the businesses have the potential for growth, CoC is investing in technology which will make it even more cost efficient, where as on the other hand CPK has limited its advertising to store openings, but it received an avalanche of free press because of its distinctive menu, its fast-paced growth, and the unusual backgrounds of its cofounders. If bought to whom they should report? PepsiCo has always focused on a decentralized structure and the emphasis the firm placed on entrepreneurial management, Pizza Hut, Taco Bell, and KFC each operated with a great deal of autonomy. One restaurant CEO remarked, Calloway really wants to know just three basic pieces of information from us: (1) when we change the top people in our business, (2) when we change our strategy, and (3) what our capital expenditures are. Continuing in the PepsiCos tradition, if both the businesses were bought, each should be appointed with a separate CEO and that person should report to the CEO of PepsiCo. This would keep the roles of both the businesses separate instead of been lead by a single person. Does PepsiCo add value to its restaurant business? PepsiCo always has a strategic plan in place before acquiring a business or launching a new product in the market. Same is the case with the restaurant industry, PepsiCo had carefully planned out how they could add value to the businesses been acquired and how the business would help PepsiCo improve. PepsiCos strategic planners believed that quick service restaurants would remain the largest segment over the following decade. We can consider each of the three restaurants owned by PepsiCo separately: Pizza Hut In 1986 the development and roll out of Pizza Hut delivery took place under the leadership of the then CEO of Pizza Hut .This was primarily done as Pizza Hut was facing competition from Dominos which focused mainly of delivery. Pizza Hut was repositioned by PepsiCo into pizza distribution, this meant expansion into non-traditional locations, such as airports, amusement parks, stadiums, and school lunch rooms, using free-standing kiosks. A number of other measure were been considered to bring value to the Pizza Hut franchise such as concepts of, One in quick service iv. Introduction of new dishes6 Casual dining Pizza Hut Cafà © Taco Bell When PepsiCo bought Taco Bell in 1978, it was the countrys largest chain of quick service Mexican restaurants, selling tacos, tostadas and burritos. John Martin, CEO of Taco in 1983 took a number of steps to bring value to the Taco Bell restaurants, which mainly were: Introducing new dishes for the first time in 10 years Shift in focus, from production to customer service K-minus. (reduced the size of the average Taco Bell kitchen) MIS project, called TACO (Total Automation of Company Operations) introduced Empowering employees at all levels Revamping the compensation system to include more performance-based compensation Slashing of prices for a range of basic items Kentucky Fried Chicken PepsiCo acquired KFC in 1986, as the largest chicken chain in the world. John Cranor III became president and CEO of Kentucky Fried Chicken in 1989, he took a number of steps to ring value to the franchise, mainly of those were: Restructuring US and international operations Renovation program, New computer program Targeted college campuses Making the products more health-conscious Roasted and barbecued chickens and chicken sandwiched introduced. The points above show that PepsiCo brings value to it restaurants business in every possible manner to make it more profitable and customer accommodative. Is PepsiCos current organization of its restaurants chains appropriate? PepsiCos organizational structure of its restaurant chains focuses on decentralization and with each chain given autonomy to conduct their operations. In this way each chain runs its business in its own way, while keeping a sense of loyalty across the divisions. Senior management was of each chain was open to sharing of ideas, while keeping the secrets of their own chain well guarded. In discussing coordination across the restaurant chains, senior corporate executives stressed that joint activity should be initiated by divisions, not headquarters. Division presidents should have the privilege to decide whether or not a given division would participate in any specific joint activity. This organizational structure makes it possible for PepsiCos restaurant chains to effectively conduct their business, without intervention and according to the vision they have in mind.

Discovery :: essays research papers

Discoveries reveal things that we often would prefer to keep hidden. Discuss the concept of â€Å"Discovery† and the effects it has on those who are involved. You must refer to your set text and supplementary material which you have studied in relation to this topic. The topic discovery involves the reviling of past things that were previously unknown. These truths can range from physical objects to self-awareness, from new knowledge to hidden memory. However, discovery can be such a powerful thing that some things may be better left hidden. An example of someone discovering the past is in the set text, Sally Morgan’s â€Å"My Place†. The supplementary material that will be â€Å"Paperbark-tree† by Oodgeroo Noonuccal and Sarah’s Story from the National Inquiry. Two issues that are raised in â€Å"My Place† are the discovery of self and the search for historical truth. Part of growing up involves the discovery of self. This normally means finding out your family’s history. In â€Å"My Place†, Sally grows up feeling that there is a lot about her past that she doesn’t know. â€Å"the feeling that a very vital part of me was missing and that I’d never belong anywhere.† When she was a child, her best friend was Winnie the Pooh. She felt that she had a lot in common because they both felt like misfits. Both her mother and grandmother know that Sally doesn’t know much about their Aboriginal heritage, and so therefore tell her that she is Indian.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Come on, Mum, what are we?   Ã‚  Ã‚  Ã‚  Ã‚  What do the kids at school say?   Ã‚  Ã‚  Ã‚  Ã‚  Anything. Italian, Greek, Indian.   Ã‚  Ã‚  Ã‚  Ã‚  Tell them you’re Indian.† Eventually Sally find’s out that she is Aboriginal and by finding this out, starts her on a quest for knowledge. This feeling of having not much idea of who you are may make you want to go and find out the truth. A big example of this is Aborigine’s who were taken from their parents as children and sent away to work as slaves. In Sarah’s story she explains how as a child, just like Sally, she was told that she was not aboriginal. She was white skinned living with her white skinned father and had to be taken away because people believed that white skins should not mix with natives. â€Å"We were discouraged from any contact with Aboriginal People.† The second issue that is faced in â€Å"My Place† is historical truth. Know matter how the reader interprets the story, they are always going to be able to read about Australia’s past.

PoP Culture Trend and Media Essay

When I was a child, all I wanted was to be a doctor. I obeyed my parents, studied hard, and played around every once in a while. I had my simple ambitions and simple outlooks. I lived a simple life. Today, however, you can ask any child about his ambition and he would most likely tell you that he would be a Dennis Rodman someday, or a Britney Spears if it was a she you’ve happened to ask. Another possible scenario could be that the child you’d like to ask wouldn’t even talk to you because he/she is too busy with his/her cellular phone, Gameboy Advance, i-pod nanno, or personal computer. Looking at this everyday situation, my father had always been asking me what is happening to this generation. This picture had also been a popular topic for homeroom or sociology classes, and online debates. Each of these discussions, however, boils down to a common phrase: pop culture. Pop Culture, or Popular Culture, is the set of customs, beliefs, values, arts, and entertainment common to massive sectors of the society.  (http://www.cobb.k12.ga.us/~smitha/PopIndex.htm).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Oftentimes, it results from the everyday interactions, needs and desires, and cultural ‘moments’ of the mainstream. (http://en.wikipedia.org/wiki/Electronic_media). It is important that we examine the prevailing Pop Culture as it can shape people’s beliefs, values system, and attitudes since trendy music, movies, television programs, and fads often mirror the outlooks and behavior of the masses. James E. Combs recognized even in 1984 that â€Å"Popular Culture is so much a part of our lives that we cannot deny its developmental powers.   Like formal education or family rearing, popular culture is part of our ‘learning environment.’   Though our pop culture education is informal-we usually do not attend to pop culture for its ‘educational value.’ It nevertheless provides us with information and images upon which we develop our opinions and attitudes.   We would not be what we are, nor would our society be quite the same, without the impact of popular culture.† (Combs 1984). Nowadays however, an additional factor to the power of popular culture and to the importance of evaluating its effects is technological advancement. Specifically, electronic media has become a tool to further elevate the influence of pop culture, in an ever faster and unstoppable way, to all corners of the world. â€Å"Electronic media are those communications mediums which are based on electronic or electromechanical means of production and most often distinguished from print media. The primary electronic media sources familiar to the general public worldwide include radio, sound recordings, television, video recording, and streaming internet content†. (http://en.wikipedia.org/wiki/Electronic media). Personally, I have been most fond of surfing the internet, watching television programs and movies, listening to contemporary and pop music through radio, cd player, and i-pod, playing computer games, and messaging through cellular phones, either for educational or entertainment purposes. I am now aware that most of my viewpoints have been influenced by the things that I watch, read, and listen to that’s why I have been trying to balance out my views by patronizing different sources of information. My most poignant realization was that pop culture has affected my viewpoint on what is beautiful. Seeing models and actors who are almost perfect and worshipped everyday and everywhere has blinded me into considering beauty as skinny, 36-24-36 for females, and hunky, tall, and handsome for males. Everything else that did not replicate what pop culture has embedded on me seemed merely normal, or worse, ugly. I very much think that this has also been the case for majority of the people in this generation, what with the number of anorexics and bulimics, and steroid users rising up to an alarming level internationally. Social responsibility and morality had also been largely affected by today’s pop culture. The case of pornography that has been very widespread, moreover in the advent of the internet and camera phones, is just an example. The concept of privacy has also been oftentimes mutilated either consciously or unconsciously through electronic means propagated by pop culture. Relationships have also been builded and shattered in the blink of an eye as a result of the prevailing culture and technology. Gossips and defamation had also been most common and aggravated these days, usually spreading worldwide in a split-second. These, however, can either be conscious or unconscious. It can be conscious in the part of the companies who perpetrate these kinds of trend to gain profits in the employment of their technology. It can also be unconscious or subconscious in both sides especially now that these trends have already been inculcated in the society’s culture. It must be noted though that pop culture, aside from its commonly criticized negative influences, also has contributed positive effects to the society. In the negative matters, social responsibility and civility must draw the line. This can only be done by a more conscious meditation and evaluation of the popular culture that is being imposed upon us. As human beings, we were given the capability to analyze the things that are going on around us. And we should. As for the trend in pop culture that had greatly influenced me, I have already mentioned that it is the way that I viewed beauty. Upon analysis, I have come to a conclusion that it had been a result of both my personal desires as a consumer, and the media’s making. Popular culture, in general, does not only result from the corporation’s commercial pursuits. I believe that it is a mixture of the continuous interaction of the consumers and suppliers in every society. References: Combs, James E. Polpop:Politics and Popular Culture In America. University of Wisconsin Pr. 1984 http://www.cobb.k12.ga.us/~smitha/PopIndex.htm http://en.wikipedia.org/wiki/Electronic_media http://en.wikipedia.org/wiki/Electronic media

Two Ways of Communication

Two Ways of Communication Communication is an essential part of human life. People have been created as social units and they are unable to live too long far from other human beings. During the centuries people used face-to-face type of communication with personal presence. The situation has changed with the development of the innovative technologies which has changed the style of communication.Advertising We will write a custom essay sample on Two Ways of Communication specifically for you for only $16.05 $11/page Learn More Now people can communicate without seeing each other or using the technologies to seeing the opponent but without being too close. Thus, nowadays people can experience both advantages and disadvantages of the modern technologies. Therefore the communication has become absolutely different, it is important to consider the advantages and disadvantages of modern technology and face-to-face communication. It is obvious that the face-to-face communication is consider ed to be preferable for more people than the modern technology one. One of the main advantages of the face-to-face contact is the possibility to have a personal contact. People can shake hands and this is really important. Touch contact is important in communication as it gives an opportunity to feel a person better. Face-to-face contact gives more chances to understand a person correctly as while communication we pay much attention to mimics and gestures. However, one of the main disadvantages of the face to face contact is the inability to see the person immediately when one needs it, especially when the opponents or on different continents. The supporters of the modern technology communication do not have such problems as they are able to use different means for communication and be in touch any time and at any place they need. However, those who communicate over the telephone are unable to see the face of the opponent, to check his/her face impression and gestures which are usua lly important while discussing the problem. The communication via e-mails is even more complicated and hidden as people are unable even to understand the intonation of the voice. There are different ways for communication via web camera and many people consider it as the substitute of the face-to-face communication. However, this is not true as using the web camera people can see each other, but they are unable to feel each other which is really important. Still, the main advantage of the modern technology communication remains unchanged and it is considered as a strong argument in favor of this means.Advertising Looking for essay on communication strategies? Let's see if we can help you! Get your first paper with 15% OFF Learn More Conducting a comparison and contrast analysis of the advantages and disadvantages of face-to-face and modern technology communication, it is possible to stress that each type should be used in accordance of the appropriateness of the situation. Thus, the emergency cases should be considered with the help of the modern technology communication as well as those when the situation doe not allow personal presence (for example, when relatives live far from you and you want to communicate with them). However, the serious business problems and other life conflicts or happy moments should be solved and supported only with face-to-face communication and personal presence. It is obvious that running business, those managers who deal with clients in their cabinet with the personal presence have more chances to succeed. In conclusion, it should be stated that each type of communication, either face-to-face or with the use of the modern technology should be used in an appropriate situation. Only in this case communication is going to be successful and pleasant for both opponents.

Challenge in Internationalization and Outsourcing

Challenge in Internationalization and Outsourcing Introduction Internationalization and outsourcing refers to the elements of interest in global aspects with contextual respect to business. With the spread of globalization theory, institutions have sought to obtain their resources as well as sell their products in a global perspective.Advertising We will write a custom assessment sample on Challenge in Internationalization and Outsourcing specifically for you for only $16.05 $11/page Learn More International trade and outsourcing of an organization’s resources have therefore become fundamental of large as well as medium companies. This paper seeks to discuss challenges facing Coglin clothing company in relation to internationalization and outsourcing. The paper will explore external environmental conditions of Coglin clothing. Case study Coglin is a clothing design and manufacturing company in Australia. The firm has been in existence for twelve years and under one chief executive officer. The compan y has experienced a considerable level of growth though it is currently faced with a number of threats. Its recent growth has led to changes such as increased level of recruited staff and expenditure on management. The company is also facing increased competition from the global market following the government’s move to liberalize the local market to international trade. The company is thus faced with the task of copping with the external environment in order to handle its current and future contracts (Case Study, n.d., p. 1). External Environment facing Coglin Clothing External environment facing an organization refers to forces that emanates from outside the organization which has the capacity to affect the operations of the particular organization. Factors such as competition facing an organization as well as issues that pertains to regulations and natural factors therefore constitute an organizational environment. The environment with respect to Coglin Company can be view ed from two perspectives: â€Å"task environment and general environment† (Wadolell et al., 2007, p. 83). Task environment refers to the organization’s immediate factors such as its â€Å"suppliers, distributers, customers and competitors† (Wadolell et al., 2007, p. 83).Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More These factors are immediate in the sense that they face the organization in every aspect of its operations. The other category of environment, general environment, consists of widely extensive factors that include â€Å"economic, technological, sociacultural, demographic, political and legal, and global forces that affects the organization† (Wadolell et al., 2007, p. 83). Suppliers to an organization are the parties that make the organizations provisions for resources. Such parties are occasionally subject to variations with respect t o elements such as â€Å"nature, number and type† (Wadolell et al., 2007, p. 83). The organization’s suppliers can for example change their structures and terms or relation with their contracting partners such as coglin or their number could change due to closures or entry of more firms in the supplier market. Any change with respect to the organization’s suppliers will call for adjustments by Coglin’s managers in order to maintain the company’s desired and planned operations. This is because any of such changes will either have an advantage or a disadvantage to the organization calling for a move to either capitalize on cases of opportunities or to counter any form of threat. A reduction in number of suppliers is, for example, associated with a stronger bargaining power by the remaining parties over the company. Coglin might therefore be forced to endure dictated terms from suppliers if the number reduces to levels that can have monopolistic or ol igopolistic influences. An increase in the number of suppliers on the other hand gives more power to the company through its increased options in seeking supplies. Competition among the suppliers will also lead to moderated terms which will be advantageous to Coglin. Similarly, distributers have a significant level of impact in a producer company such as Coglin. As a link between the company and its customers, the effectiveness of the relationship between the company and distributers will be reflected in its level of sales.Advertising We will write a custom assessment sample on Challenge in Internationalization and Outsourcing specifically for you for only $16.05 $11/page Learn More A reduced number of distributers will have a negative impact on the company in terms of more bargaining power by the remaining distributers together with a threat of reduces consumer servicers in cases where the number of distributers cannot reach all customers. The company may therefore suffer from reduced sales. An increased number of distributers will on the other hand give more advantage to the company with respect to relatively increased power by the company over the distributers and subsequent customer coverage (Wadolell et al., 2007, p. 87).  Customers refer to the parties that purchase products from an organization. Being a clothing design and manufacturing industry, Coglin’s customers include â€Å"individuals, small companies, large companies, government agencies and educational institutions† (Wadolell et al., 2007, p. 83) that might be interested in the company’s textile products for final use in houses and office premises. The products from the company can be used by these parties for clothes or furnishings. Changes with respect to consumers also affect the decisions made by management of the company. Unlike suppliers and distributers, customers exhibit a wide variety of changes that can include fashion, taste, and income , complimentary and supplementary products among others. The changes in consumers will also be realized in either an advantageous or a disadvantageous perspective. Competitors also shape the direction of the organization’s decision making in terms of moves to gain or maintain market control (Wadolell et al., 2007, p. 88). The general environment surrounding Coglin Company is on the other hand diverse in nature and is mostly out of control of the company’s management. Coglin is therefore in response forced to adopt decisions that will align the company to its best advantage following the environmental conditions. Being a profit oriented organization; the company is highly affected by economic factors in its surrounding. Elements such as â€Å"interest rates, inflation, changes in disposable income, share market fluctuation and the general business cycle† are some of the economic factors that affect the company (Robbins et al., 2009, p. 86).Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The economy with respect to individual customers is for example directly associated with the level of demand for products in any market. Economic factors such as reduced incomes or increased unemployment rates therefore cause negative effects on the company’s capacity to generate revenues. This is because such changes causes customers to either reduce or suspend expenditures on non basic commodities in which category, clothing may fall. This effect is also felt with respect to institutions that will be forced to control their expenditures and concentrate on necessities. Inflation which affects elements of the company such as the prices of its resources also has direct impacts on its management. When the economy realizes inflation prices of resources shoots up raising production costs of the company’s commodities. Consequently, the management is forced into the dilemma of whether or not the increased costs should be transferred to customers in the form of increased prod uct cost. More complications are realized in cases where production costs in external markets are not affected by inflation and cheaper products are availed through importation (Robbins et al., 2009, p. 86). Political and legal requirements in a business set up also drives the operations of organizations in their territories. Political stability, for instance, has both direct and indirect impacts on the operations of organizations. Political instability induces negative impacts on environmental factors such as security, economy and even investor confidence. Instances of politically instigated violence can, for example, disrupt production processes and even distribution of finished products due to curtailed movements of employees, distributors and even customers to Coglin. Compromised investor confidence due to political instability can also lead to reduced levels of productions in order to avoid loses due to economic instability. Legal issues also significantly affect the organizati on. Laws that cover elements such as: â€Å"practices regulations, environmental protection laws, anti discrimination policies and industrial relation legislations† (Robbins et al., 2009, p. 86), play a direct role in shaping management decisions making. Every decision by the management that relates to sourcing of raw materials, recruitment and management of human resource, production processes and relations with other parties are conducted in line with constitutional requirements and bi-laws. Regulations such as antidiscrimination laws and rights of employees significantly affect decisions with respect to actions against employees who might not be performing or behaving to the expectation of the organization. Managements may be forced to compromise on the company’s principles and objectives just to avoid legal actions that can be instituted by certain disciplinary actions are taken against employees. Social and cultural factors such as â€Å"crime, violence, religion and spiritual activities and lifestyles† (Robbins et al., 2009, p. 86) also affect the organization. The products of the firm are directly related to religious and traditional believes that are evident on people’s clothing. Lifestyles and fashion in dressing codes and premises’ furniture and decorations are also directly related to the organizations products. Coglin’s management is therefore obliged to yield to pressure as caused by these factors and align the company accordingly (Robbins et al., 2009, p. 87). International aspects The company’s operations especially with respect to international trade are also dependent on forces in foreign countries that affect business transactions. One of the forces in international trade is the fluctuation of currencies of the countries which the trading parties come from. When the Australian currency rises against currency of an importing country, Coglin experiences a disadvantage with respect to global compe titiveness. This will negatively affect and even limit the company from exploring foreign markets. A fall in value of the domestic currency relative to foreign currencies on the other hand favors the company with respect to international trade. The economic stability of Australia which categorizes it under developed countries also influences its impact in the international market following the recognized flow of goods from developed countries to developing countries (Bartol et al., 2009, pp. 65, 519). International business refers to the trade activities that are conducted between countries. With the emergence of globalization, international trade has been realizing a growing trend in terms of the amount of commodities that are moved across boarders in terms of trade. Data revealing the trend in volume of international trade from the year 1995 to 2004 indicates a general increase in the volume of trade especially after the year 2001. The percentage increment in volume of internation al trade has also been significantly increasing (IFCBA, n.d., p. 2). Administrative measures of exploring international markets, identifying and capitalizing on factors such as â€Å"mergers and acquisition† are some of the steps to internationalization of business (IFCBA, n.d., p. 7). A company’s involvement in international trade however enlists more responsibility with respect to managing â€Å"delivery of goods and money, bureaucratic hick ups and distance and travel time† (Sercu P., n.d., p. 8). Factors that would impact Coglin in Vietnam and Thailand External environmental factors in Vietnam such as cheaper labor and cost of locating a business enterprise, â€Å"intellectual property threat† and poor infrastructure contributes to task environmental factors. Consideration of factors such threat to intellectual property and poor infrastructure in Vietnam can overweigh factors such cheap labor to influence investors away from the country (Nieuwoudt, 20 10, p. 1). The market in Thailand which has a wide advantage with respect to general environment such as government policies is on the contrary not favorable with respect to task environmental factors. The Thailand textile market is also already saturated with both export and import activities that might not make it very attractive for new investments (Report, 2010, p. 1). Control measures to challenge in Vietnam and Thailand The challenges in Vietnam and Thailand include both general and task environmental forces that include factors driven by government policies and market forces for resources and finished products. A firm in these locations will therefore enact decisions to capitalize on the advantages that are offered by market forces such as cheap labor and market liberalization effects as well as adopting policies that are in line with the country’s legislations (Nieuwoudt, 2010, 1). References Bartol et al., (2009).  Management. Sydney: McGraw Hill. IFCBA.  New tre nds in international trade, emerging business models, and the needs of small and medium-sized businesses in preparing the Framework of Standards to Secure and Facilitate Global Trade. Web. Nieuwoudt, T., (2010).  Vietnam’s textile industry: Opportunities and challenges. Web. Report., (2010).  Prospects for the textile and clothing industry in Thailand. Web. Robbins et al.,  (2009).  Management. Sydney: Prentice Hall. Sercu, P.,  Managing credit risk in international trade. Web. Wadolell et al., (2007).  Contemporary management. Sydney: McGraw Hill.

Adam Smith essays

Adam Smith essays Adam Smith was born in Kirkcaldy, Fife, Scotland. His exact date of his birth is unknown but he was baptized on June 5, 1723. At the age of fifteen, Smith began attending Glasgow University where he studied moral philosophy. In 1748 he began giving lectures in Edinburgh where he discussed rhetoric and later he began to discuss the economic philosophy of the simple system of natural liberty which he later proclaimed in his Inquiry into Nature and Causes of the Wealth of Nations. In 1751, Smith was appointed professor of logic at Glasgow university, transferring in 1752 to the chair of moral philosophy. His lectures covered the field of ethics, rhetoric, jurisprudence and political economy. In 1759 he published his Theory of Moral Sentiments, embodying some of his Glasgow lectures. This work was about those standards of ethical conduct that hold society together, with emphasis on the general harmony of human motives. Smith moved to London in 1776, where he published An Inquiry into the Nature and Causes of the Wealth of Nations, which examined in detail the consequences of economic freedom. It covered such concepts as the role of self-interest, the division of labor, the function of markets, and the international implications of a laissez-faire economy. The Wealth of Nations established economics as an autonomous subject and, launched the economic doctrine of free enterprise. In the western world, it is the most influential book on the subject. When the book, which has become a classic manifesto against mercantilism, appeared in 1776, there was a strong sentiment for free trade in both Britain and America. This new feeling had been born out of the economic hardships and poverty caused by the war but the British public and parliament still clung to mercantilism for many years to come. Smith laid the intellectual framework that explained the free market and still holds true today. He is most often rec ...

Strategic management Essay Example | Topics and Well Written Essays - 2000 words - 6

Strategic management - Essay Example After enumerating the internal and external business affairs of Lego, the essay emphasizes the drawbacks of the company and finds ways through which it may overcome its negativities. 1. Which stage of the industry life cycle is the Toy industry in? How has that affected Lego’s ability to gain market share? This is the period of globalization and liberalization when almost all the industries in the market are booming. International trade is at its zenith, when most of the business firms are enjoying the benefits of the growing market. Consumerism has become the catchphrase of the world economy in 21st century. Income levels of the developed economies are augmenting and the developing economies are emerging with high growth rates. At this stage per capita income levels of almost all the open economies in the world are improving. With the improvements in standard of living, the aggregate demand for luxuries and comforts has enhanced. Life cycle models are not only common to the l iving beings but also associate with industries. Even an industry begins, grows, becomes mature and finally collapse with time. This is not because an industry has life but because an industry’s existence depends on the consumers whose taste and preference changes with time. The toy industry is at its peak of life cycle, where more than thousand companies operate in the industry with high turnovers and revenues. In United States the industry generates high revenue of about $20 billion (Little & King Co., 2010). Top popular toy companies are Lego, Mattle, Hasbro etc. A big segment of the industry comprises of the game making companies like Sony, Microsoft and Nintendo. This industry manufactures a wide variety of toys like non-electric toys, children vehicles, preschool toys, stuffed animals, art & crafts, dolls etc. Toys are not only sources of entertainment for the children but also serve as basic academic tools to develop memory skills in them. Lego is a popular toy manufac turing company in Denmark, the headquarters of the company is in Billund. The company mainly engages in the manufacture of construction toys. The Lego bricks are generally colourful and can be used to make various types of toy cars or buildings. The growth of the toy industry has generated several positive externalities for Lego. The Lego group has exhibited unremitting growth since the last few years and the rates of growth have always been in double digits. The world’s best market for Lego bricks is U.S. Lego toys are marketed in more than 130 countries in the world. The company has a club of its loyal customers that comprises almost 4.2 million members. Today it can be hypothesized that on an average each individual in earth has approximately 80 Lego bricks to play with. Over the years more than 600 billion Lego elements have been manufactured (Lego, 2012). Figure 1: Lego House (Source: Lego, 2012) Producing bright and colourful bricks as toys, Lego have introduced a revol utionary change in the world of toys, where children may explore their creativity. The main driving force of the company is to encourage creative opportunities for all children.   Ã¢â‚¬Å"Our idea is to create a toy that prepares the child for life, appeals to the imagination and develops the creative urge and joy of creation that are the driving force in every human being†. The demand for Lego toys is increasing with time; accordingly the quantity of toy manufactured is also increasing. Figure 2: Experience

Film An Inconvenient Truth Movie Review Example | Topics and Well Written Essays - 500 words

Film An Inconvenient Truth - Movie Review Example In the film, Gore also jokes that he "used to be the next president of the United States of America." (An Inconvenient Truth) This writer believes that the film has the intention to raise awareness on global warming, and the inclusion of a politician in controversial circumstances (due to the 2000 presidential election) provides the platform to draw in audiences. The artistic flow of the film is intentionally written to document Al Gore's personal encounters as well as the evidence behind the scientific findings. The film also attempts to explain climate change using a number of major claims. For the purpose of this paper the writer will look into two of these claims: (1) the doubling in numbers of category four and five hurricanes in the last thirty years; (2) as temperatures rise, heat waves will be more frequent and intense. While science can be refuted, as can the claims made in the film, this writer believes that the way the claims are presented is able to convince anyone without any scientific background that the idea of global warming does indeed exist.

Nash Disease (Nonalcoholic Steatohepatitis) Essay

Nash Disease (Nonalcoholic Steatohepatitis) - Essay Example As well known, exercise increases the body temperature and in turn raises the rate of metabolic reaction, which assists in melting of fats in the body. Nonalcoholic steatohepatitis is one such controversial disease in the field of medicine whose main causes are not clearly known. Nonalcoholic steotohepatitis disease refers to condition that causes inflammation, accumulation of fats and tissues as well as damage of the liver. In the view of Kaplan (2011), nonalcoholic steatohepatitis disease occurs to individuals who consume little or no alcoholic drinks. However, pathologists have placed large correlation of nonalcoholic steatohepatitis disease with diabetes, obesity and resistance of insulin by the body. Causes of Nonalcoholic Steatohepatitis (NASH) Disease In the views of Kaplan (2011), there are no defined causes of nonalcoholic steatohepatitis disease. However, medical research conducted with reference to this disease reveal that the disease has got close links with other certain identifiable diseases. One of the discovered complementary diseases linked with nonalcoholic steatohepatitis is obesity. Kaplan (2011) asserts that more than 70% of patients diagnosed with NASH disease had cases of obesity. Large number of obese people discovered to suffer from NASH had exceeded their maximum body weight by over 10% to 40%. Diabetes is also illustrated as one of the complimentary diseases to NASH. Medical research has additionally indicated that 75% of individuals diagnosed with NASH disease exhibited signs of diabetes mellitus 2. In the views of Kaplan (2011), about 20%-80% of the patients suffering from NASH had signs of hyperlipidemia in their blood. Hyperlipidemia disease is caused by excess lipids in the blood of an individual. This condition leads to blockage of blood vessels resulting to development of coronary disease that reduces amount of blood supply to the heart. This leads to hypertension due to straining of the heart in an attempt to circulate blood t o the entire body. Resistance to insulin secretion is another probable complimentary disease associated with NASH. Absence of insulin in the body leads to increase in the sugar levels of the blood. This condition if accumulated leads to the development of diabetes mellitus. Another probable cause of NASH disease is the use of certain drugs and toxins, which causes complications related to the NASH disease (Kaplan, 2011). Drugs that have been noticed to cause NASH in the field of medicine include the amiodarone, which encompasses corderone, and pacerone, steroids that encompass predisone and hydrocortisone, tamoxifen and synthetic estrogens. In addition, Kaplan (2011) confirms that use of chemicals such as pesticides and insecticides poison the cells thereby resulting to the development of the NASH disease. Symptoms of NASH Disease According to Kaplan (2011), NASH disease displays no clear symptoms that may lead to its easy detection. This is because NASH disease only develops throug h a progressive damage of the liver with increase with its severity. The only conditions that have been used to detect and test for NASH in the bodies of patients have been fatigue, general body illness, and pain in the upper right abdomen. However, medical practitioners disclose that cases of NASH may not have severe liver problems over a long period

Chimestry Lab Report Example | Topics and Well Written Essays - 500 words

Chimestry - Lab Report Example This is an indication of corrosion in the given metal. This experiment’s main purpose is the determination of the properties of metals and to find out the corrosive effect on metals. The properties of the metals, iron, brass and copper, were compared. This involved comparing the conductivity of both iron and copper, Hardiness, and brittleness. The observations were made and recorded. In testing for conductivity, the metals were heated and time taken to heat up observed. In comparing for brittleness, the wires of the respective metals wire bent and the number of times the wire was bent before breaking observed. Comparison of the hardiness between copper and iron resulted in iron being harder than copper. On comparing the hardiness between copper and brass, it was found that brass is harder than copper. Also, it was found that alloys of these metals are harder as compared to the pure metals. Copper has a higher conductivity as compared to iron and brass. This is due to the fact that copper contains a large number of de – localized electrons. These electrons move freely and as a result facilitate the conductivity process. From the experiment, it’s clear that iron is harder than copper. This is due to the strong covalent bonds which exists between the iron molecules making it to be harder than copper. Comparing the two pure metals with its alloys resulted in the alloys being harder than the metals. On brittleness, iron was found to be more brittle than copper. It can be concluded that copper has high conductivity as compared to iron, copper is more corrosion resistance than iron and iron is more brittle than copper. The alloys of the metals have enhanced properties as compared to the pure metals. Finally, Copper was found to be corrosive resistant as compared to iron and

The Effect of Media Violence On Youths Research Proposal

The Effect of Media Violence On Youths - Research Proposal Example In the year 1998, one of the faculty members of Simon Fraser University carried out a study on the teens that were interested in watching violent media. (Bryant, pp. 23-25) The results of that study showed that such media made twenty-five percent of teens addicted to it. In addition, all those teens showed great changes in their behavior, which was not in a positive manner. Furthermore, a number of studies have shown that worse academic results are shown by the youth that watch violent media according to the National Institute on Media and Family. (Gentile, pp. 39-41) It is indicated by the researches that violent media is preferred by more than seventy-five percent of teens in the United States that are interested in watching television and other available mediums. One of the schools in Texas carried out a study of adolescents that watch violent media, and it found out that teachers complained of frequent arguments from such students. In some cases, these adolescents were even involved in physical fights with their teachers and classmates that is a major concern of the schools, as well as, the parents. In specific, studies have shown that gender does not play a major role in the behavioral changes after watching violent media, which is another major topic related to the effects of violent media on youth that is not discussed in this paper. In another study, it was observed that eighty percent of adolescent girls that were involved in watching violent media argued with their teachers and classmates, as compared with the eighty-three percent of boys in the same category. Thus, it shows that gender does not play any role in such case. (Krug, pp. 45-46) The advent of violent media has prompted the researchers to go into the details of this medium of entertainment. In popular media, the topic of violence is quite controversial, as different people have provided different interpretations regarding

Health Care Law Coursework Example | Topics and Well Written Essays - 750 words

Health Care Law - Coursework Example The coursework "Health Care Law" overviews the Legal â€Å"System of Health Care Statutory Laws† and presents the analysis which ‘law’ should be ‘modified’ or ‘repealed'. All states in the US regulate medical practitioners in their states, design social and health reforms in line with federal and its own laws, as well as ensuring patient privacy laws. In March 2010, US President signed a reformed Healthcare bill known as the Affordable Care Act, ACA, which aims to increase the number of people legible for medical insurance, particularly lower and middle-income earners. Although the new act will cost a lot, this will be spread over the next few years and it will be beneficial to all in the long run. The act, however, has caused mixed feelings among many people. Many of these would like to see some of the statutes in the bill repealed, especially if they are to pass the bill as law in their states. As many as 18 states have not yet fully voted for the bill to be law in their states. Many states are of the opinion that the act should take into consideration the milestones that individual states have taken in reforming state health care services. One of the biggest issues opposed by most of these states, including the state of Florida, is the requirement that every person is required to purchase health insurance by 2014, failure to which they will have harsh penalties imposed on them. Florida is one of the states that is opposing the Affordable Care Act, rather than seeking to repeal some rules in the act.

Chimestry Lab Report Example | Topics and Well Written Essays - 500 words

Chimestry - Lab Report Example This is an indication of corrosion in the given metal. This experiment’s main purpose is the determination of the properties of metals and to find out the corrosive effect on metals. The properties of the metals, iron, brass and copper, were compared. This involved comparing the conductivity of both iron and copper, Hardiness, and brittleness. The observations were made and recorded. In testing for conductivity, the metals were heated and time taken to heat up observed. In comparing for brittleness, the wires of the respective metals wire bent and the number of times the wire was bent before breaking observed. Comparison of the hardiness between copper and iron resulted in iron being harder than copper. On comparing the hardiness between copper and brass, it was found that brass is harder than copper. Also, it was found that alloys of these metals are harder as compared to the pure metals. Copper has a higher conductivity as compared to iron and brass. This is due to the fact that copper contains a large number of de – localized electrons. These electrons move freely and as a result facilitate the conductivity process. From the experiment, it’s clear that iron is harder than copper. This is due to the strong covalent bonds which exists between the iron molecules making it to be harder than copper. Comparing the two pure metals with its alloys resulted in the alloys being harder than the metals. On brittleness, iron was found to be more brittle than copper. It can be concluded that copper has high conductivity as compared to iron, copper is more corrosion resistance than iron and iron is more brittle than copper. The alloys of the metals have enhanced properties as compared to the pure metals. Finally, Copper was found to be corrosive resistant as compared to iron and

Health Care Law Coursework Example | Topics and Well Written Essays - 750 words

Health Care Law - Coursework Example The coursework "Health Care Law" overviews the Legal â€Å"System of Health Care Statutory Laws† and presents the analysis which ‘law’ should be ‘modified’ or ‘repealed'. All states in the US regulate medical practitioners in their states, design social and health reforms in line with federal and its own laws, as well as ensuring patient privacy laws. In March 2010, US President signed a reformed Healthcare bill known as the Affordable Care Act, ACA, which aims to increase the number of people legible for medical insurance, particularly lower and middle-income earners. Although the new act will cost a lot, this will be spread over the next few years and it will be beneficial to all in the long run. The act, however, has caused mixed feelings among many people. Many of these would like to see some of the statutes in the bill repealed, especially if they are to pass the bill as law in their states. As many as 18 states have not yet fully voted for the bill to be law in their states. Many states are of the opinion that the act should take into consideration the milestones that individual states have taken in reforming state health care services. One of the biggest issues opposed by most of these states, including the state of Florida, is the requirement that every person is required to purchase health insurance by 2014, failure to which they will have harsh penalties imposed on them. Florida is one of the states that is opposing the Affordable Care Act, rather than seeking to repeal some rules in the act.

Realism in Romantic poetry Essay Example for Free

Realism in Romantic poetry Essay Reality is abstract, as it depends on every individual’s own perspective. When Wordsworth says, â€Å"world is too much with us†, it depends on us how we look at the world, as every being has a world of his own. We acknowledge the events around us with whom we can relate, but ignore many other changes considerable for others. Most of the times, Romantics are considered escapist, and are alleged that their writings reflect an Imaginary world far from the reality surrounding us. But going through various poems of Wordsworth and Coleridge, I find it vice versa. â€Å"All bright and glittering in the smokeless air. Never did sun more beautifully steep In his first splendor, valley, rock, or hill; Ne’er saw I, never felt, a calm so deep! The river glideth at his own sweet will: Dear God! The very houses seem asleep; And all that mighty heart is lying still! † [Westminster Bridge; Wordsworth; Sept 3,1802] The allegation that Wordsworth moved from the harsh realities of the cities brought about by the industrial revolution initiated in 1765. This allegation was made relatively stronger by placing Wordsworth vis-a-vis Victorian realism. In my view such an allegation is a product of superficial readings of his poems. The poem composed upon ‘Westminster Bridge’ illustrates keen sense of socio-economy of the then London. It describes the urban landscape departing from his stock theme based on rural landscape. It talks about the landscape of the city which has been divested to its negative qualities. Like the smoke of the industries, the busy crowd, insensitive to its fellow man and the incessant desire in man to control nature. The term smokeless air is for him a matter to rejoice a state of the city distilled of the harmful effects of industrialization. The line, â€Å"the river glideth at his own sweet will† encapsulates the entire project of Wordsworth vis-a-vis the new call given by the middle class to conquer and exploit nature. In this sense his realism is much more pronounced and subtle than it is taken into account of. Citing from historical context, one can notice the involvement of the likes of Coleridge, Wordsworth and Lamb during French revolution. In 1798, the year ‘Lyrical Ballads’, a joint effort by Wordsworth and Coleridge, came out, was a turbulent period in England’s history. Hostilities had broken out between Her and France in 1793 (and was to last with unremarkable intermission for over twenty years), and by 1798, she was faring badly in the war. Wordsworth had, of course, visited France in 1791-92, and had been in Paris at perhaps the most critical of all the great moments of the French Revolution that began with the destruction of the notorious prison of the Bastille in July 1789. (Coleridge’s poem, An Ode on the Destruction of the Bastille). The political tussle between the Girondins and the Jacobins were at a height, and Wordsworth saw clearly the slow rise of the Jacobins under Robespierre. He felt a deep concern for the Girondin leaders whom he felt were the genuine revolutionaries. He believed in the â€Å"reasonableness† of human nature and also believed passionately that men were â€Å"worthy of liberty†. Wordsworth’s early republicanism, his concern for France and the Revolution is described memorably in his long and autobiographical Prelude: Bliss was it in that dawn to be alive, But to be young was very Heaven! O times, In which the meager, stale, forbidding ways Of custom, law and statute, took at once The attraction of a country in romance! The prelude testifies to the shock that Wordsworth felt in his â€Å"moral nature† when he saw the Revolution that was to redeem mankind, turn to dust. For many, Tom Paine, William Godwin, Coleridge and Wordsworth, the French Revolution was not simply as struggle of a people to be free- it was mankind’s struggle to achieve something better- a new age for the entire human race- when aristocracy and class privilege would give to democracy and â€Å"Reason† would destroy the fetters of superstition and tyranny. Coleridge, like Wordsworth, had been swayed by the ideals of the Revolution, but the savagery and unrestrained mob frenzy under the Terror disillusioned him as did the rise of Napoleon and France’s aggressive conquests of other European nations. In France, An Ode and Fears in Solitude, Coleridge describe his feelings with candour: O France, that mockest Heaven, adulterous, blind, And patriot only in pernicious toils! Are these thy boasts, Champion of humankind? To mix with kings in low lust of sway, Yell in the hunt, and share the murderous prey; To insult the Shrine of Liberty with spoils From freemen torn; to tempt and to betray? [France, An Ode] British sympathizers of the French Revolution like Wordsworth, Coleridge and Southey were lampooned in the conservative press. Coleridge was so much influenced by William Godwin’s idea (Political Justice, 1793) of rejection of authority, abolition of private property, creation of a just state that along with Robert Southey, he was ready to set sail for America to establish a perfect state along the lines charted by Godwin. The political ideas of Wordsworth and Coleridge was also strengthened by pursuing the ideological goals of Unitarianism (which verged on radical deism) and drew heavily on the ideas of English â€Å"Commonwealthman† of the seventeenth century. Side by side to these intellectual debates between the conservatives and the liberals, the economic and the human cost of the war proving to be enormous. In the country, rural poverty was becoming acute and the number of beggars, starving children, gypsies, wounded soldiers roaming the country lanes could be seen from early poetry. Wordsworth’s poetic capability to recreate the sorrows and hardships of these homeless, starving populace is one of his lasting achievement as a poet. The Old Cumberland Beggar in poem of the same name, the traveler of Guilt and Sorrow, the blind London beggar in The Prelude are all powerful figures of forsaken humanity who become permanent symbols of the human condition. The effect of industrialization was viewed by both Wordsworth and Coleridge with a mixture of excitement and distrust. The new industrial cities- Birmingham, Sheffield, Liverpool, Leeds, Manchester, by 1815, contained a large population that had come from the country to look for work, and both Wordsworth and Coleridge were increasingly worried about the rising number of poor. Against the expanding complexities of men living in an industrial wasteland, the destruction of old livelihoods and an increasing impossibility to believe in a benign Providence, harmony with Nature offered the Romantic poets another way of life. The disruptive force of the French Revolution added the impetus to romanticism. There are individual differences among the great romantic poets concerning the conception of nature. But all of them share a common objection to the mechanistic universe of the eighteenth century- even though Wordsworth admires Newton and accepts him, at least in the orthodox interpretation. All romantic poets conceived of nature as an organic whole, on the analogue of man rather than a concourse of atoms- a nature that is not divorced from aesthetic values, which are just as real (or rather more real) than the abstractions of science. My conclusion concerning the romantic poets may be unorthodox and even unconventional. On the whole political criteria seem grossly overrated as a basis for judging a man. References Blake, Wordsworth and Coleridge [Edited by Debjan Sengupta and Shernaz Cama; Worldview Critical Editions] The Prelude by William Wordsworth An Ode on the Destruction of the Bastille by Samuel Taylor Coleridge

Business Plan For New Retail Store In Tripura Marketing Essay

Business Plan For New Retail Store In Tripura Marketing Essay .The Indian retail industry is the fifth largest in the world. Comprising of organized and unorganized sectors, India retail industry is one of the fastest growing industries in India, especially over the last few years. Though initially, the retail industry in India was mostly unorganized, however with the change of tastes and preferences of the consumers, the industry is getting more popular these days and getting organized as well. With growing market demand, the industry is expected to grow at a pace of 25-30% annually. The India retail industry is expected to grow from Rs. 35,000 crore in 2004-05 to Rs. 109,000 crore by the year 2010. Environmental and economic scanning of Tripura Retail store format :-Convenience stores Store name:- Public point As we are planning to open retail store in the Dhalai District of Tripura as per the environmental and economic scanning is concerned of Tripura. The cities selected for the opening of the store are Dhalai District This district of Tripura is selected as this city is well developed in the terms of Infrastructure Income of the people are high Densely populated Better standard of living Economically sound Have developed urban market structure Socio political stability as the city selected in the Tripura for the opening of store is as free from any political barrier and social barrier as the opening of the store is as per the government policies and for the society. Thus to launch the store Tripura is selected and as per the format of the store the city is selected Dhalai city. Mission statement Our mission is to meet the present and future needs of our customers, employees and communities through a commitment to integrity, sound business, and cooperative growth. Objectives To implement a local campaign with the Companys targeted market via the use of flyers, local newspaper advertisements, and word of mouth advertising. To maintain large signage on the Convenience Stores premises to further increase visibility for the Companys location. About:- General Description Public point is a convenience retail store that provide such as candy, ice-cream, soft drinks, lottery tickets, cigarettes and other tobacco products, newspapers and magazines, along with a selection of processed food and perhaps some groceries. by providing maximum convenience, values and satisfaction to customers. Future We plan to expand the PP stores in various districts of Tripura  · North Tripura district  · South Tripura district  · West Tripura district  · Tripura Tribal Areas Autonomous District Council Product services Alternative Snacks Ice Automotive Products Liquor Bait and Tackle Lottery/Gaming Beer Nonedible Grocery Candy Other Dairy Cigarettes Other Tobacco Cold Dispensed Beverages Packaged Beverages (Non-Alcohol) Edible Grocery Packaged Bread Fishing Licenses Packaged Ice Cream/Novelties Fluid Milk Products Packaged Sandwich/Deli Products Food Service Packaged Sweet Snacks Frozen Foods Perishable Grocery General Merchandise Publications Health and Beauty Care Salty Snacks Homemade Food Items Store Services Hot Dispensed Beverages Wine Services In house services like credit cashing, customer services E retailing Customization Online transaction Delivering Easy billing counters Marketing Plan Grocery and Restaurant Segment-To build name recognition and to announce the entry of the Store, we will offer a mail package consisting of a tri-fold brochure containing a coupon for a free cup of coffee to welcome our new customers. From those identified local residential customers we shall ask them to complete a survey and ask them of their perception of the store, any specific product or food items that they would like to see, etc. Those customers returning completed surveys would receive a gift or discount. Local Carryout Food Products-Local newspapers for advertising to build name recognition and to announce any weekly or monthly food specials will be introduced. The Store will develop a one-page menu/newsletter to be handed out to customers to take home with them as they visit the store. The menu/newsletter can be used to update clients on pricing and food special promotional developments, but also serves as a reminder of what sets the Store apart-homemade quality and freshness. The newsletter would contain fishing area hot spot information and other tips. The menu/ newsletter can be produced in-house and for the cost of paper and computer time. Publicity and Public Relations-A news release will be sent to area newspapers and magazines announcing the launch of the Public point. Becoming a sponsor in a community event is a low-cost way of increasing awareness and building goodwill in the community. Customer Reward Program-For the carryout customer and as a means of building business by word-of-mouth, present customers should be encouraged and rewarded as repeat customers. This can be accomplished by offering a free lunch meal, by raffle of a weekly customer business card or name slip as a means to generate excitement. Advertising-Advertising is utilized primarily to attract new customers. It also serves to build awareness and name recognition of the company in general-important for word-of-mouth referrals (Oh yes, Ive seen their ads before). Market Analysis Forces and trends in the market environment affect the Public point, like all businesses. These include economic, competitive, technology, and recordkeeping issues. Economic Environment-Positive forces include the generally prosperous economy that is currently in place, full employment, rising wages and low inflation, leading more people and businesses to be willing to purchase prepared foods rather than preparing meal from scratch at home. Competitive analysis the competitor analyzed in the field are street convenience stores, etc .Thus all the strategy made for promotion and pricing should be as per the competitors. Technology and Recordkeeping Environment-Use of computerized scales and cash registers will capture and generate accounting/inventory detail. Computer programs greatly simplify the financial recordkeeping and tax preparation with which all businesses must comply. Operational plan Positioning and Product Strategy: The Store will aim to attract area resident and lake enthusiasts who need convenience food items or personal health staples, carryout food items, and tackle/bait needs. Distribution Strategy: Customers can contact the Store by telephone, fax, and by dropping in. The Stores nearest competitors are five miles around the lake in either direction. The store can stock request items for regular area residents. Demographic features(to know about the potential customer in that area, metropolitan statistical area) Competition(to know about the competitors and how they far from my retail store) Strategic fit(to must know about the preferences and tastes of potential customer) No. of small shops in that area Economy of scale SUPPLY CHAIN MANAGEMENT FOR THE RETAIL STORE Store management chart Financial Plan Requirement There is a need of 1 crore to get our business started. If customer footing is good, products and services according to customer preference and tastes then we will plan to open new convenience stores in various districts of Tripura. Use of fund Funds will be used to pay renovation,construction,sales counter,painting,carpeting,lighting,dà ©cor display fixtures.we will also purchase inventory , cash register and computer equipments and also an inventory management systemThe remainder of the start up fund will be utilised to cover operating expenses such as rent,utility,marketing cost and wages. Capital Summary Overview (in lakhs) Land, Building, and Improvements 20 Equipment Installation Expenses 20 Development Expense (detail below) 51 First Quarter Working Capital (Mortgage, labor, and operating expense) 2 Total 93 Lakhs *Developmental Start-Up Expenses Detail Marketing, Advertising, and Promotion 6 Accounting 2 Permitting Legal and Consulting 10 Association Dues Office Expense Start-Up .50 Engineering and Architect Fees 1.5 Bags and Supplies .5 Beginning Inventory 30 Unforeseen Contingency .5 Total Owners Equity Contribution to Date $54,675

NBC: The Most Watched Television Network Essay -- Television Media TV

NBC: The Most Watched Television Network What makes any company successful? It could be anything from a hard work ethic, a wise decision based on experience, or even luck. Essentially there all kinds of ways that make a company successful. For the last seventy-five years one television network has beat others to capture such a large audience, making it the most watched network. That network is the National Broadcasting Company, otherwise known as NBC. The combination of its television shows, national and local news programs, and history has allowed it to grow into one of the top successful networks. In the beginning NBC was a radio network created by the Radio Corporation of America, also known as RCA, in 1926. (Straubhaar, 2002) Right then and there NBC started to compete with the Columbia Broadcasting System (CBS). They still compete to today. An example is CBS airing Survivor on Thursday night at the same time as NBC’s number one show, Friends, airs. By the 1940s, NBC became a television network. (NBC, 2001) The many reasons as to how NBC is successful are because of its many ground breaking innovations that were soon followed by other networks. NBC was the first permanent broadcasting network, first U.S. coast-to-coast radio broadcast, first license for a commercial television station, first to offer an early-morning news program, first color telecast, first made for television movie, and the first major television network to launch a web offering. (NBC, 2001) In addition to paving the way for other networks, NBC owns and operates thirteen stations. The stations are located in large cities such as New York, Los Angeles, Chicago, Dallas, and Miami. With these stations and their affiliates, NBC i... ...ds of employees and the help of jointed businesses, NBC has made its way into almost every family room in the United States and five other continents. NBC is a prime example of a small company that made its way in the world by pleasing its audience and keeping up with the times, to come out on top. Their dedication and hard work has enabled them to become a successful company. Works Cited Corporate Info. NBC. 14 October 2001 >. Straubhaar, Joseph and LaRose, Robert. Media Now Communications in the Information Age. Belmont: Wadsworth, Thompson Learning, 2002. 153. Wallace, Bill. â€Å"For NBC, the Olympics Are Already Over.† Bridge News, 12 Sept. 2000: 1-3. Academic Search Elite. EBSCO Publishing. (AN:2W63239835933) 15 Oct. 2001 .

Creative Story: Lobito :: essays research papers

Creative Story: Lobito Not once is there a boring moment in my house! That's because of my dog Lobito. Unlike other families that have a human sometimes being the clown of their family, in my family my dog Lobito is the clown. He has got to be the funniest dog alive. From his jealousy fits, and his way of picking fights with the rest of the dogs to his no stop playing with his stuffed animals. Well the best place to start would be by describing his way of fighting with other dogs. He's straight out of one of those movies where there saying â€Å" hold me back†. No matter how big the dog is he will challenge him. This would be great if he actually followed through with his threat but he doesn't. He has this funny habit that when were holding him back from another dog, his bark starts getting louder. While holding him back he tends to pull and yank hard, and almost say â€Å"let me at him†. The funny part is when we actually do let him go, he's surprised we let him go , and gives us this look like hey hold me back! Another thing that goes along with his fighting techniques, are his day dream desires of being a security dog. We have this one dog named Pinto that Lobito hates with all his heart. Being that Pinto is alot older and bigger than Lobbito , Lobito never dares raise a bark at Pinto. But don't ever tell Pinto to go outside the house, because as soon as Lobito hears the words â€Å"Pinto outside†, hell breaks loose. Lobito will come tearing around the corner like if he heard Puppy Chow was going to be on sale. He starts barking and yelping right behind Pinto with an occasional nip at his tail. At the same time while this is all going on he tends to give us a look that says how am I doing? Well that's not the worst part, the worst part is when it comes to his jealousy. It could be said that Lobito has this idea that he's number one, and he's got this idea for everything that happens to him. Due to this idea of his we make it a point not to pet any other dog besides him while he's around, and if we accidentally do pet another dog he makes it clear to us he's upset with us by growling. We never let him catch us petting another dog! He'll come right up

My Teacher, My Hero Essay

Teaching is an option. Sainthood is a preference. Heroism is a choice. Have you ever wondered what a true hero is like? When people say hero, they usually think of cartoon characters like Superman, Spiderman, or SpongeBob. If you mean a hero in cartoon or movies, then someone who is the strongest person around who wants to bring peace and justice. Heroes are not like real superheroes, people who could fly, who could hold a car using their forefinger, not even fighting villains for saving the world. Then, what is a hero? When talking about heroes, they’re the one who strengthen you, the one who are at your side whenever you’re down because they are there to lift you up. Your hero can be your mom, dad, brother, sister, a friend or it can be your teacher. Well, a teacher for me is most likely a hero because they do lots of things just to do their works. A teacher is similar to a hero for some reasons. Noisy students, lesson plans, tons of paper works, mountains of test papers – these are all a part of a teacher’s work. Despite the demanding situations and long hours of work, teachers of today persevere and endure, recognizing the crucial role they play in molding the minds of the future generations. As the unsung nation builders, they plant seeds of information and ensure the holistic growth of their students. They find time to manage and take care of the class; they serve as the student’s second parent. They mold the young minds to become the nation’s hope and great asset. Teachers generate interest in subjects that students often find tedious. Rousing students from their apathy and watching their curiosity grow is a giant reward for them.

Microbiology Bacteria Paper

I would not say science is storybook fun, but who knew it become a mystery. Trying to find out what was in our number seven vial would become a battle we were willing to take on. As I began the test of deciding if our little bacteria friend was gram positive or negative, Jordan my science teammate, was putting together a smear plate. In as little as ten minutes we had discovered by the pink oval shapes we were observing, our microbe friend was a gram negative rod. We had narrowed our search down to five! We decided next we would do oxygen along with a motility test. Along with those, we did a fermentation investigation. These tests would narrow our pursuit down even further. Unfortunately these tests take time. The following day, we curiously went to our ‘stash’ of experiments. As we observed we soon realized our little bacteria was a non-motile, facultative anaerobe. With the observation of acid and gas formation, this microorganism was able to catabolize glucose, lactose and fructose. Our smear plate, with white convex muciod looking colonies confirmed our suspicion. We were now looking at vial number seven with anew respect, he now had a name, and that name was Klebsiella pneumonia. Read also Lab 2 Biology Now that our mystery microbe had a proper name, where would we find it? This bacterium, I found out is ubiquitous in nature, meaning it seems to be present, everywhere at the same time. Just about anywhere you would step, touch or see in nature you could bet this little guy is there. Its family is abundant in soil, water and vegetables. But they have cousins, uncles, second cousins etc. just about everywhere else. â€Å"Wow†, was all I could muster. But our friend not only had a large family in nature, this microbe also found residence inside the human body. The respiratory, intestinal, and urogenital tracts are a favored neighborhood for this microscopic organism. This tiny microbe seems to find just about any region environmentally friendly. Not only is it very versatile in were it lives, I would soon learn it was also just as versatile in what is able to do. This small bacterium could devastate the human body if allowed to. Our secret microbe was considered to be an opportunistic human pathogen, meaning that under certain conditions it may cause disease. All this little guy needed was the perfect scenario and he could ‘thrive’ in only a way harmful bacterium could. Read Chapter 8 Microbial Genetics Persons with underlying diseases such as alcoholism or lung infections were some of their favorite captives. Along with people who are hospitalized and receive invasive procedures, being their other prime hostages. These guys are on the top ten most known list of nosocomial infection pathogens. Trying to get rid of this pathogen is no easy feat either! Once this type is let in he really does not want to leave. Of course, the first attack to rid the body of this pathogen is to use a timely and aggressive treatment of antibiotics. Even that though, can prove to not be beneficial. Since these little critters are proven to be resistant, meaning, they develop ways to inactivate or neutralize the antibiotic. Many cases have to be treated with cephalosporin’s and aminoglycosides to give the bacteria a two-pronged attack. This bacterium certainly has a powerful army when dispersed. But how does this little fella do this? Well, the pathology for it to become Pneumonia develops when the bacilli invade and multiply within the alveolar spaces.General Biology Ii Study Guide (Online Class) The pulmonary parenchyma becomes consolidated, and the mucoid exudates that fill the alveoli is controlled by macrophages, fibrin, and edema fluid. Neutrophils, our bodies own fighting soldiers are inhibited by a neutral polysaccharide in the capsule of this bacterium. Numerous encapsulated gram-negative bacilli appear free in the exudates and in alveolar macrophages. Then exudates accumulate and the alveolar wall becomes compacted and healthy tissue starts to degrade. This area, where the microbe does its best work, is the area of gas exchange with the blood, a vital part of the human anatomy/physiology. So when this microbe is able to take over, a hefty defense force of antibacterial agents have to come to the battle. Antibiotics themselves though have a become an overused tool. This has become a growing problem and many actions have now come into play to stop the abuse of these products. Some would argue a little too late. This lapse of poor judgment has led to the numerous strains of antibiotic resistant infections. Klebsiella pneumonia is one of the leading culprits. The thing is though, bacteria does not know its playing a dangerous game with us, all bacteria is trying to do is win.References Klebsiella pneumonia . Retrieved from: http://www.klebsiellapneumoniae.org/ (Klebsiella pneumoniae ,† 2011) Klebasiella pneumonia. Retrieved from http://www.histopathology-india.net/Klebsiella_pneumoniae.htm (Dr. Sampuna Roy, 2011)

Various Methods of Electricity Production Essay

Various Methods of Electricity Production - Essay Example Even though these early humans had no understanding of electricity, the movie depicts them looking for lightning to reignite their fire! It is clear in the film that the first fire available to mankind came from electricity in the form of lightning (Cook 7). It seems that electricity was the first real power used by man. Long before the lever, the wheel or the windmill mankind was reaping the benefits of fire created by the natural electricity of lightning. Man made electricity has earlier roots than one might suspect as well. Evidence has been uncovered that the ancient Egyptians used crude batteries to produce electrical charges (Mythbusters, 2005). The Egyptians fashioned clay pots as containers and filled them with high acid citrus juice. They then connected primitive cables made of copper to the clay jars. On the popular Discovery Channel series Mythbusters the cast recreates the Egyptian battery to test if this notion of early batteries is fact or myth. Much to their surprise the primitive invention does in fact produce a very small electrical charge. They speculate that Egyptians might have used this electricity to amaze and frighten pharos's subjects. By hooking the batteries up to statues of the pharos and other deities the ancient Egyptians gave their pharaoh a little help in the "powerful and mystical" department (Mythbusters, 2005). We will likely never know the whole story behind these ancient batteries but it is interesti ng to consider how early mankind was experimenting with electricity. Since ancient times many forms of electricity generation have been discovered and utilized. But first, in order to understand these various sources it is important to understand the history and development of electricity as a primary source of energy. The Rise of Electricity The ancient Greeks, Romans, Chinese and the Persians all experimented with crude inventions to harness electricity with very limited success. Even the explosion of science during the Middle Ages in Europe added little to the understanding electricity (Dell & Rand,125). In 1214 Roger Bacon experimented with the properties of amber and lodestone but electricity was primarily used to "amuse and frighten the ignorant" (Canby,12). Like the Egyptians, European scientists of the Middle Ages viewed electricity as a "parlor trick" and it's usefulness was deemed limited (Dell & Rand, 125). It wasn't until 1600 when William Gilbert, physician to Queen Elisabeth, wrote an impressive paper on magnetism, that the scientist of Europe began to seriously consider scientific study of electricity (Canby,13). The De Magnete written by Gilbert was widely read by the educated class of Europe and interest in electricity surged. Gilbert also created the first list of elements that contain electric and magn etic properties (Wikipedia,2007). In 1660, Otto van Guericke built the first machine to produce an electrical charge (Canby, 18). The glass globe had a sulfur ball inside and created a lightning like charge that amazed the people of Guericke's day. During this time advances in the understanding of electricity was painfully slow and it wasn't until 1709 that the next big discovery was made. In England, Francis Hawkenbee built an improved version of the "glass globe" and conducted many other useful experiments. Next, in 1729 Steven Gray of the Grayfriars School in England discovered

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

Romer - Essay Example This alternative prevents the disparity between real and nominal interest and inflation against the price level. Simultaneity is reduced by simplifying the analysis of monetary policy and similarly provides a simplified dynamics that makes aspects of the exchange rate more credible. Extensive discussion was provided where Romer identified 11 advantages of the alternative model. The IS-LM model has not been without criticisms as many regard it as overly straightforward in determining economic intricacies. But the same had been found to be efficient in explaining fluctuation, especially short-term. The most common version of explaining the model is through the relationship of interest rate and output. In a good market economy, an increase in the interest rate will reduce demand at certain income brackets. The same effect can be seen in the demand for investments and general consumption. In an open economy that has floating exchange rates, net exports plummet because the demanded output quantity is equivalent to production. The negative relationship of interest rate to output is called the IS curve. Money market is another definitive relationship in understanding the IS-LM model. This shows that the demand for liquidity increases as income rises while the interest rate concurrently decreases. Equilibrium in the money market is determined by the money supplied and liquidity preference. If the supply of money by the central bank is fixed and there is a simultaneous increase in aggregate income this results in the demand for liquidity. The interest rate rises to an extent that supply is met by the demand for money. This is the relationship depicted in the LM curve (Romer, 2000, pp.150-151). An important assumption by Romer is that real interest rather than nominal interest, is a more important consideration for the central bank. This falls upon the Federal Reserve to set interest rates in order to control the IS and LM curves. In this