Minimum wage essay Essay

Minimum wage has been a very controversial topic. Nowadays people just can’t survive on minimum wage. Prices are rising but yet the pay is still the same. How do they expect us to survive on eight dollars and twenty five cents? Minimum wage workers in Chicago land locations had joined others across the country for a one-day strike, which was held August 29, 2013 outside the ROCK N ROLL McDonalds in the River North neighborhood, demanding their wage to be at least $15.00 an hour. There was a worker there named Tyree Johnson who said he has been working on McDonalds for a total of 21 years and still earning a total of eight dollars and twenty five cents an hour. He states â€Å"Every time I would ask for a raise they would just tell me you shouldn’t have joined that union, were not giving you any raise†. The workers who had gathered up there said that they were tired on choosing between paying the rent or paying the groceries. Another minimum wage worker named Dejun Jackson says it takes him three jobs to raise a family. He gets up at 4:30am to start his shift at 5:45am. He ends his first job around 1 O’clock and has to be in his second job around 1:15. He does not end his second shift until 9 or 9:30pm. He states he has no time to see his kids except the weekends for the same reason that he has two jobs. Between his two jobs he works a total of 70 hours a week. Within a year he makes an average of $50,000. Dejun Jackson is also in school hoping one day he would be able to work just one shift and spend more time with his family. But just by having just one job he wouldn’t be able to make it through since one job helps him pay the pills and the other the cost of his school. I agree that people cannot live on minimum wage since the cost of living has gone up drastically. This has always been a conflict and will continue to be unless they raise minimum wage. The type of life we are living now days won’t simply just get us through by working on minimum wage. People have things to pay for example rent, food transportation, clothes, bills; school etc. People that get pay minimum wage are usually on government assistance which means everybody who is paying taxes are actually paying for the food stamps or any type of services that they are receiving from the government. It would be better if the companies would just pay their workers a decent amount of salary instead of other people having to pay for whatever the company is not paying them. The authors’ argument is very logical since it states why people can’t survive on minimum wage. This makes people have two jobs just too sustain a family. People wouldn’t be able to make through just by having one job, since the cost of living has gone up drastically.

The Secret Guardian of Gotham

The Dark Knight portrays Batman well enough for the audience to easily analyze Batman’s characteristics and personality. Batman is one of the most crucial characters in the movie. Bruce Wayne, or Batman, is portrayed as a billionaire and an owner of a gigantic industry, who actually at night works as a vigilante fighting criminals with his bare hands. Batman’s sense of morality, self-righteousness, and self-sacrificial attitude in his actions allow effortless classification of Batman’s characteristics in True Color’s Personality Test, Myers-Briggs Personality Test, and Maslow’s Hierarchy of Needs. The way Batman believes the good in people, and the way he spends his nights for the safety of the people in Gotham proves that Batman is most likely the color blue from the True Colors Personality Test. People with blue characteristic hate with fervor, value harmony, give self to others, promotes feelings and warmth among people, and are too generous. Batman falls into all of these descriptions. Even though Batman abhors Joker, he never kills Joker despite all of the chances he is given because he believes in change in human potential, because he wants to inspire others through his actions, and because of his stern self righteousness of always wanting to do what is good for everyone. Also when Harvey Dent died after killing five people â€Å"fairly,† Batman tells Lieutenant Gordon to point the finger at him instead of Harvey Dent. Batman says, â€Å"You will hunt me. You will condemn me. Set the dogs on me, because that is what needs to happen,† (The Dark Knight) in order for people of Gotham to not lose hope by hearing and seeing the downfall of the Gotham’s White Knight, Harvey Dent. This sacrificing attitude is difficult to find in the characteristics of orange, green, and gold, but is the compassionate feature of the color blue. Towards the end of the movie, when Joker sees that the two ships didn’t bomb each other, Batman tells him, â€Å"This city just showed you that it is full of people ready to believe in good,† (The Dark Knight) implying that he, as well, believes in good nature of humans. From what is shown, my hypothesis would be that Bruce Wayne’s dichotomies are ESFJ, or extraverted, sensing, feeling, and judging. Even though Bruce Wayne is surreptitiously living another life as Batman, with only a few close confidants being aware of it, he seems to enjoy social gatherings and occasional dates with many different women. He approaches his criminals through high tech researches and careful observations of facts and proofs. Batman also does not use his sudden insights to act and rather weighs the different possibilities using his tangible sources. Therefore, I assume that Batman is more sensing than intuitive. Bruce Wayne is more feeling in the way he processes data because he considers the points of view of other people and he tries to do whatever establishes harmony within the society. For example, when Bruce Wayne had turned every cell phone in the city into a microphone and a high-frequency generator receiver, knowing that Lucius would not like such dangerous machine, he made it accessible and destructible by only Lucius. Also knowing that citizens of Gotham will lose hope and faith if they learn the truth behind Harvey Dent’s fall and death, Batman says, â€Å"Sometimes the truth is not good enough. Sometimes people deserve more. Sometimes people deserve to have their faith rewarded. † (The Dark Knight) Batman also shows his willingness to do whatever is needed to help Gotham by saying, â€Å"I am whatever Gotham needs me to be. † (The Dark Knight) Maybe because Batman is so engrossed in many different endless jobs he has to finish, he never seems to be having his pleasure and leisure time. He always seems to be task oriented and organized in his plans and well in control with the help of Alfred Pennyworth and Lucius Fox so that the plans never fail. Watching this movie, I could not help but notice the parallel between Jesus from the Bible and Batman. Just like the historical character Jesus, who supposedly had no sin and dedicated to give up his own life for the forgiveness of others, and who eventually gets accused by the same people who used to acclaim him as the â€Å"Savior,† Batman, who did nothing against the morals, gets chased by those who used to praise him as the â€Å"Hero,† by becoming the scapegoat. Therefore, in Maslow’s Hierarchy of Needs, even though I believe that Batman is sometimes on the level of safe and security because he gets injured often while fighting against criminals and Joker, Batman is primarily on the level of self-actualization. He truly dedicates himself for the benefit of others and to satisfy what the citizens of Gotham want. He knows what he is meant to do and does what he does not as a service for himself but as a guidance for the citizens of Gotham. Lieutenant Gordon, watching Batman run away, tells his son, â€Å"Because he is the hero Gotham deserves, but not the one it needs right now, so we will hunt him because he can take it. He is not our hero; he’s a silent guardian, a watchful protector, a dark knight. † (The Dark Knight) Bruce Wayne, Batman, or the Dark Knight’s characteristics summed together support Batman’s famous quote, â€Å"Batman has no limits. † (The Dark Knight) The way he dives into danger every day, cleans up all the violent and illegal mess made in Gotham, and sacrifices himself for people’s mental comfort proves his idealistic characteristics. Because he has no limit, I believe he was able to be the person and the hero portrayed in the movie. Without Batman, his perfect sense of morality, and his boldly courageous deeds, Gotham would not be the same.

Coefficient of Friction

Coefficient of Friction Lab Abstract The resisted force that acted along the tangent of two surfaces that were in contact was called friction. Friction was opposed to motion, and it acted in the opposite direction, where the surface of the object slid against the surface of the other object. The two types of friction that exist were called static friction and kinetic friction. When two surfaces are at rest with each other, but a push is caused to convey one of the surfaces to slide over the other was called static friction.However, the friction that was used in the lab was kinetic friction. Kinetic friction occurred when two surface were moving with contact to each other. The coefficient of kinetic friction is a constant shown as ? k. The kinetic frictional force (fk) was given by the following equation: (fk= ? kN), where N represented the normal force, which was the force that each body exerts on the other body, and acts perpendicular to each surface. The way that friction force is calculated is by the followed calculation: Ff=? FN, where (? ) was the coefficient of friction and (FN) was the normal force.Now in order to pinpoint the force of friction, the coefficient of friction should be figured out first. Now the way that the coefficient of friction was retrieved, the tension force (FT) was divided by the weight (Fg). An inclined plane that has an angle of ? was adjusted as shown in the following diagram: 2 If the block was placed on the plane, and the angle was slowly increased, the block would have began to slip at some angle. Now the normal force (N) acted perpendicularly to the plane, and a component of the weight of the block, acted in the opposite direction.Though when the angle is increased, the more force it took for the block to slide against another surface. So as the angle was increased, the friction cultivates, but when the angles decreased, so did the friction. 1 Now some of the factors that can affect friction are the body surfaces. For the fri ction depends on the smoothness of the surface where the objects have touched. Now with the smoothness only to a degree has made friction decrease. Friction never depended on the amount of surface that there was given, but it does depend on the magnitude of forces holding the bodies. 1Methods Inclined plane was placed at a zero angle position so the pulley protrudes over the table edge Mass of the wooden block was determined to the nearest tenth of a gram. String was attached to the wooden block, over the pulley and to the weight of the hanger. Orientation of the string was adjusted so that it was parallel to the plane. The planes have differed in their smoothness. Surface must clean and dry. Masses were added to the hanger until the wooden block moved at constant velocity after it was tapped lightly. The total weight (FT) was recorded in the table for data. The result of the weight hangers and the masses on the hangers was total force pulling. All weights are in the proper units (N ewtons)). By have added different masses on top of the wooden block (Fg), step 4 was repeated for several different total weights. Plane must be inclined at some angle between five and twenty degrees. Step 4 was repeated. Total weight was recorded. This was the tension (FT) at angle ?. Investigation was continued by an additional experiment that was planned, which compared how the angle affected the coefficient of friction.(An extra table must be included on this data. Data Analysis OFg(block)=FNFT(force of g on masses)=N ? 0328g=3. 2144N1. 4N. 44 0351. 8g=3. 44764N1. 4N. 41 0540. 9g=5. 3N1. 5N. 28 0573. 8g=5. 6N1. 7N. 30 0614g=6. 0N1. 9N. 32 0611. 4g=6. 5N1. 9N. 29 5 20 degreesF_gF_NActualTheoreticalAverage 153283. 2N2. 1N1. 9N0. 34 10368. 63. 6N1. 6N1. 8N0. 34 Sample Calculations: Sample calculation for Force in Newtons for Fg: 328(0. 001)(9. 8)=3. 2N Sample calculation for  µ: (FT/Fg)=1. 4/3. 2=. 44 Percent errors: Percent error for 15? :(|1. 9-2. 1|)/1. 9 x 100=10. 5% Percent error for 10? :(|1. 8-1. 6|)/1. 8 X 100=11. % Discussion The computed theoretical value of FT was slightly off for both 10 &15 degrees. The resulted percent error for 10? was just slightly over 11% and for 15? it was a bit over 10%. The outcomes could have been different due to the fact of friction, which could have not been calculated correctly when the block had faultless constant velocity, however, the values were nearly related. Now the relationships between the graphs shown above seems to prove that the variables which are indicated seem to be directly proportional to each other and the graphs, â€Å"†Force vs.Coefficient of Friction† & â€Å"Force of Block vs. Force of Tension are very similar. † It seems to be that the block was conveying at a constant speed in order to have given calculated the friction precisely. Now if the block were not to be moving with constant velocity then friction wouldn’t be steady, and if it wasn’t then there was n ot an precise calculation for the coefficient of friction. Now not having a smooth surface can cause an error, which causes the block to decrease and speed up. Now in order to repair this error, there must be a real smoothed surface where the experiment will be performed.The string sticking on to the pulley can be know as another error because it could cause the movement of the block not to be smooth as it would be predicted in this experiment. The solution of this error would be to put something on the string, so that it may slide efficiently. Conclusion The conclusion of this experiment seems that everything seems to be similar and in order. The percent errors that was given for 10? was 11. 1% and the percent error for 15? was 10. 5%, meaning that the theoretical value and actual value for the tension were nearly the same. Now the average value for the coefficient of friction ( µ) was 0. 34.

Resilient Cultures by Kicza, John Essay Example | Topics and Well Written Essays - 500 words

Resilient Cultures by Kicza, John - Essay Example This means that those in the east and the north adopted maize farming from the Mexicans or the natives of south west American (30). The Europeans had failed to change the farming system of the Northerners for several years. My thought was, the natives of the east and the north had resisted the European farming system for several years. There are several religious systems in America such as Christianity, Islam, Buddhism, and Hinduism. The native Indians in America had their religious believes before the coming of the Europeans. Slave trade had existed in several European countries before they colonized America. Some of the slaves were taken to work on plantations in America (60). These slaves were captured from different regions in Africa and some from Asia. It could be possible these religious beliefs were introduced by the interaction between the slaves and the American natives. Christianity was dominant among the Europeans, and it was spread across the world. This means that the Europeans introduced Christianity to the Americans and the slaves introduced other religions. Some of the slaves settled permanently in America and had to establish their places of worship. In the second half of the fifteen century, the eastern section of America had begun building the 13 colonies, and Virginia was established in 1607. This shows that as Europe and the Ottoman Empire were dominating, America was advancing. The Americans had acquired architectural design skills from the Europeans. Historically when the Ottoman Empire controlled the Mediterranean, they took silk, spices, porcelain and other valuables from Europe. Applying the same to America, Christopher Columbus was not only looking for a shorter route to china but was also looking for valuable skills and spices in Europe (78). This gave the Americans the wealth and the skills needed to build the colonies and develop the economy of the country. Aztec was an

Civil War Term Paper Example | Topics and Well Written Essays - 1250 words

Civil War - Term Paper Example The civil war was also a morality issue. Most stories of the civil war are depicted from the eyes and viewpoint of the whites, either Northern or Southern white people. There are not many books detailing the war from the perspective of the African-American slaves at that time and their roles in the civil war. They had certainly made big contributions to the ultimate victory of the North but these were mostly either not given prominence or just glossed over to a certain extent. The previous kind of master narratives viewed the US civil war as mainly among the white themselves. This paper attempts to explore a narrative within this master narrative. It will detail in the following pages how the issue of slavery took a decisive role in the ultimate victory of the North because of the help from the black slaves who took great risks to choose their freedom. Moreover, this paper will also try to explain and demolish some of the myths surrounding the role of the blacks in the civil war at i ts most crucial moments when the outcome of the war had hung in the balance (no pun intended). Finally, this paper also talks about how slavery in America really indeed, with the wits and guile of an obscure general named Butler. Discussion The US civil war started when eleven Southern states declared their secession from the United States of America and formed the Confederate States of America. The core of the issue was slavery but even the newly-elected Republican president, Abraham Lincoln, did not call for its outright abolition. In fact, he was very careful to tread on this sensitive issue and declared only that slavery should not be allowed to expand into other states. In other words, slavery will remain in those states where slavery already existed. However, Southern whites took umbrage at this declaration which they considered to be a threat to their way of life that was based on slave labor. The larger narrative of the civil war was that Pres. Lincoln did not take direct st eps to abolish slavery precisely to avoid war and preserve the Union. Lincoln gave this reassurance because he knew there will no winners or losers in civil war; there will only be losers on both sides. His phronesis (practical wisdom) and training as a lawyer gave him the ability to weigh several options but all based on constitutionality. But as the South declared hostilities and as the war progressed, his position took a hardline stance as he knew the issue of slavery will rear its ugly head once again if allowed to continue. This issue will never rest until it is extinguished completely and one sure way to do that was win the war decisively. His ultimate objective was to preserve the Union at all costs but somehow later down the road, also find justification for abolishing slavery through legal means. Pres. Lincoln was in a serious quandary as the US Constitution had guaranteed rights to slavery for those states who wanted it (McPherson, 1996, p. 100). He was also personally aga inst slavery and abhorred its practices and evil inhumanity to fellow human beings but he could not just prosecute the war to its bitter end and present it as a war against slavery. There has to be some other solution and it came from a newly-appointed general named Benjamin Franklin Butler; he was a lawyer by profession and given the rank of major general. The narrative –

Coursework 2 Essay Example | Topics and Well Written Essays - 500 words

Coursework 2 - Essay Example Africans in the Congo were given only a margin education, ordered by missionaries, and served as clerks. Africa was ruled either directly or indirectly by the colonial powers. Officials were appointed from the ruling European country, which also passed laws for its African territory. Africans were taxed by the colonial powers and could not pass any measures without approval from the ruling European power. Although colonization of Africa as a whole was devastating for Africa, there were some positive effects. The spread of Christianity could be considered a good outcome, depending on ones religious outlook. During colonial times, African people came into direct contact with European culture, and may have been able to benefit from some of the new ideas. To some extent, some infrastructure such as railroads were built. In addition, it has been stated that â€Å"time spent under [British] colonial rule is positively associated with democratic survival† (Bernard et. al. 225). But the common consensus is that Africa is still recovering from the period of colonization. The website "Time Travel to the Korean War" does a good job of briefly describing the different periods of the Korean War, organized in separate sections. For instance, the first section presents the final events of World War II that led to the division of Korea along the 38th parallel by the United States and advancing Soviet Union troops from the North. Other sections of this website describe events in Korea between WWII and the Korean War; the events following the Norths attack on the South; counterattack by U.N. troops; the involvement of Chinese and other foreign troops; the aftermath of the war; and recent events in Korea. This website is a good short introduction to the Korean War. The BBC website, "In Depth: The Korean War," offers a brief summary of the war. The site also contains

IV therapy Assignment Example | Topics and Well Written Essays - 250 words

IV therapy - Assignment Example These studies have recommended that peripheral I.V cannula should stay in-situ for not longer than 72 hours save for special cases where it can stay for not more than 96 hours (Finlay 48). It should be checked every 8 hours. Isotonic saline maintenance fluid would help for a patient with a low ECF volume especially if it has come with haemodynamic collapse. Where the reduced ECF is accompanied by low plasma sodium concentration, Hypertonic saline is best suited. Anaesthetized patients will usually have reduced blood pressure when there is no ECF volume that is contracted. This is because anesthesia reduces venous tone. Such hypotension would be curbed by using isotonic saline(Weinstein and Ada 61). Electrolyte-free water should be used in cases of patients with high water deficit in their ICF compartment. This ought to be guided by the level of plasma sodium concentration; usually when it exceeds 140mN. It is possible to administer two drugs using one syringe or IV line. Remains of the first drug and the diluent should not change the second drug. When this happens, the two drugs are said to be incompatible. Drug incompatibility check seeks to identify the presence of precipitate or gas that result from the combination of two drugs. If the drug does not remain intact within 24 hours, it could also be an indication of incompatibility. Y-site compatibility check uses a 1:1 mixture of solutions whose concentrations are provided. Admixture compatibility check, on the other hand, combines the test masses of two drugs in various diluents (Finlay 49). Peripheral IV catheters are used widely in administering drugs and parenteral nutrition. They are also used to access venipuncture. It is important to maintain their patency to mitigate the cost of replacement and discomfort. Solutions of varying heparin strengths are used to flush these catheters. Heparin reduces the risk of clots in the lumen thereby maintaining the patency of catheters. Heparin is supposed to

ANALYSIS AND EVALUATION OF EXTERNAL AND INTERNAL ENVIRONMENTS OF Essay

ANALYSIS AND EVALUATION OF EXTERNAL AND INTERNAL ENVIRONMENTS OF TOYOTA - Essay Example 8 million cars were recalled globally which has put the firm in a financial crisis. Moreover, Liker and Hoseus (2007) add that sine the brand’s reliability is now in question especially in the US; it is bound to face many financial challenges even though it is financially more table than rivals Ford and General Motors. Morgan (2010) adds that rrecently Toyota’s shares have fallen 17% since January 2010 which means that the firm is losing its customers due to such episodes. However, being one of the largest in the world, the firm can handle such financial crisis, however, with the economy downturns, and the malfunctions in their models have aggravated the problem and have added to their financial difficulties. Kotelnikov (2010) adds that they plan to alleviate the losses with their innovativeness and attracting new customers with their attractive new models, however, the recall has damaged their reputation and they have the customer trust which in turn has affected their financial position. Their financial position has been affected in the US and Europe though its repercussions will be felt r global sales as the consumers lose their trust in the brand. As per Liker and Hoseus (2007) Toyota is working globally and thus has operations in various parts of the world that include for both manufacturing and assembling lines in Japan Canada, Indonesia, Canada, Poland, South Africa , Turkey, UK, US Brazil France, India, Pakistan, Malaysia etc . They are manufacturing and assembling their different brands across the markets as per the needs of the markets. However, Morgan (2010) explains that Toyota has been known for using it’s just in time inventory which has made their production process much more efficient. Due to strong relations with its supplier Kim and Smith (2001, pp. 211-222) add that Toyota has been able to keep

To what extent is development a political process versus a technical Essay

To what extent is development a political process versus a technical or economic one - Essay Example The evaluation of the developmental process and the aspect of economic contribution in the social change shall be studied within the context of the role of the United Nations in measuring human development. Defining Development: Before understanding the nature of the human developmental aspects such as economics and politics, it is significant to note the actual definition of development. The definition of human development introduces the debate with the help of different terms. As per the definition of development published by the United Nations, report states that development is a process to enable an environment for nation where they can live long, healthy and creative lives (Frey and Monroe, 1983). The definition allows better understanding of the fact that people can live happily if they are provided with the basic necessity. It should be noted that a human cannot live without making enough earning that will allow him to gain better lifestyle for himself and family. So this note s that the social change within a society can be brought to allow equal opportunity among members of society (Szirmai, 2005). Development among different societies is undertaken in order to provide better income rates to the members so that they are able to select the best for their lives (Rowe, 2009). The political and economic development that has gained a great deal of focus of researchers is now debated because of the political aspects (Willis, 2005). In other words, it could be said that development is a process which needs governmental authorities and economists to work together to bring better changes. The main purpose of the economic activities and cross-borders business ventures is to allow countries to develop and maximize profits (Lewis and Kallab, 1986). This profit making natures of business world allows developing countries to fight against inequality and increasing measures of poverty. As evident from the definition of development, inequality can be reduced if in case poverty’s overall measure within a society is reduced by large (Desai and Potter, 2008). The above noted relationship map of the economical and political development can also be understood in the context of poverty. The measure that most of the politicians set up would be the increased economical opportunities for the poor people. The effective strategic planning is done by politicians to ensure that the measure of inequality is reduced by large. This can be indirectly related to the economical efficiency of the society (Sen, 1999). The central idea of the development is that different institutions of a society provide quickened form of human development. It should be noted that politics and economics are two very important institutions of a society (Desai and Potter, 2008). The functions performed by different institutions of the society are able to make better changes when they are indirectly connected to each other. The need of the hour is to determine the extent to which the development process underlines the elements of political institutions or economical politician. In other words, it can be said that politicians and economists need to understand as to what aspects can surely bring a better and quick paced human development (Escobar, 1995). The political policy framework can allow business authorities to undergo deals and ventures providing majority of people to get better jobs and become stable in their daily

The Carbon Cycle Essay Example for Free

The Carbon Cycle Essay The Carbon Cycle is a complex series of actions through which all of the carbon in existence rotate. The same carbon in your body today may have been used in many other molecules since time began. The wood burned just a few years ago could have made carbon dioxide which through photosynthesis became part of a plant. When you eat that plant, the same carbon from the wood which was burnt can become part of you. The carbon cycle is the great natural recycler of carbon. Unfortunately, the greatness of its importance is rarely stressed enough. Without the proper use and function of the carbon cycle, every aspect of life could be changed immensely. We believe that its very important to understand how the carbon cycle works in order to see the problems of it not working. Just look at a sample carbon cycle and explore how carbon moves through our natural world. Plants, animals, and soil interact to make up the basic cycles of nature. In the carbon cycle, plants absorb carbon dioxide from the atmosphere and use it, put together with water they get from the soil, to make the things they need for growth. The process of photosynthesis puts in the carbon from carbon dioxide into sugars. Animals, such as the rabbit, eat the plants and use the carbon to build their own tissues. Other animals, such as the fox, eat the rabbit and then use the carbon for their own needs. These animals return carbon dioxide into the air when they breathe, and when they die, since the carbon is returned to the soil during decomposition. The carbon in soil may then be used in a new plant. Ultimately, the same carbon can move through many organisms and even end in the same place where it began.

Renegotiating Contractual Terms under PPPs

Renegotiating Contractual Terms under PPPs Renegotiating contractual terms under PPPs- Moral Hazard or Practical Solution? Table of Contents (Jump to) Executive Summary 1. Introduction 1.1 Evolution of PPP model in India 2. PPP mechanism in India 3. Current status of PPPs in India 4. PPP model and schemes 5. Why closed approach to contract renegotiation? 5.1 Risk Involved in PPP 5.2 Case Study of Delhi Metro Express Line 6. Moral hazard or Practical solution? Executive Summary The development of the India depends on the extent to which the ongoing and planned projects are successgully executed. In twelfth five year plan 2012-1017 a total of $1 trillion is envisaged to be expensed on infrastrucural development and out of which around 50% will be catered by private sectors. The basic principle of partnering with public entity is profit maximization. Any disputes can adversely effect the project. This delay comes with a cost and loss of revenue for private partners. Thus, the effectiveness of partnership lies in the Dispute Resolution System (DRS) of the country. The practical solutions such as amicable settlement, mediation concilliation, arbitration and expert adjudication by statutory bodies are some of the measure to settle disputes. Other solutions can be mutual concessions and adjustments which can merge the differences between a concessionaire and the contract-granting government entity. Re-negotiation in a transparent and equitable manner can be the key adjustment solution for dispute resolution. This dissertation delves in the fundamentals of public-private partnership (PPP) model in India. It reflects on evolution, mechanism, current status, models and schemes, renegotiation factors. It concludes by giving recommendation on residing to practical solution of renegotiation rather than considering it a moral hazard. 1. Introduction A public-private partnership (PPP) is a joint agreement between government and private sector for the purpose of provisioning of public service or infrastructure. In order to develop a world class infrastructure for huge Indian geography and economy, mammoth investment is needed which posed liabilities to government sector. The partnership with private sector to develop public infrastructure is a possible solution to cater infrastructure bottlenecks. It shares knowledge risk and resources for development. Lack of adequate and improved infrastructure from public transport, housing, ports, education, and healthcare may turn out to be an impediment to growth. The rapid increase of population need and demand creates budgetary constraints in building large projects. Involvement of PPPs into the development framework is a more effective, disciplined, efficient and commercial way of approach. 1.1 Evolution of PPP model in India The evolution of PPP model in India dates back to mid-18th century where railway and tramway services were built on this model. There wasn’t much development in infrastructural development post-independence until the year of liberalization in 1991. Later which the government and private players jointly built large projects. The overall concept and implementation is still nascent in India when compared to developed nations. The policy framework of legal, institutional and regulatory are in evolutionary stage. Today, it is the favored model of project execution involving resource management by private sector. India Infrastructure Finance Company Limited (IIFCL), a government owned body incorporated by Ministry of Finance to provide long term debt finance to infrastructure projects and help central and state government in capacity building. Public Private Partnership Appraisal Committee (PPPAC) approves project proposal worth Rs. 100 crore or more. The World Bank, Asian Development Bank, IMF and the United States Agency for International Development (USAID) aims to promote aggressive PPP policy in India and help in attaining long term vision of development. 2. PPP mechanism in India The Department of Economic Affairs, Ministry of Finance manages the PPP mechanism in India. The process starts from Phase-1 of project identification where various projects are identified through strategic planning and pre-feasibility analysis. A detailed sustainability of the project as PPP is studied and evaluated against alternatives. Other parameters such as value for money, internal clearances and suitability checks are carried out. Value of Money analysis helps in decision making and choosing between PPP procurement and conventional procurement options. It gauges project on the three basis of: Viability- Will the project meet desired expectations? Desirability- Will the project outweigh costs? Achievability- Will the project be completed within stipulated timeframe? The ultimate goal is to maximize the profit of all stakeholders involved which can done by identifying risks and understanding mitigate measures. The partnering party must commit to adhere to the contract legislation and abide by them throughout project lifetime. Phase-2 of full feasibility ensures the commitment of contracting parties. It starts from PPP project development, structuring, contract making, getting project clearances and necessary approvals. The implementing agencies undergoes: Economic assessment- understanding project need, cost-benefit for all stakeholders and impact of micro and macro-economy. Financial analysis- revenue source model, cash flows, net present value (NPV) using discount rate (cost of capital), rate of return and other critical financial ratios. Affordability analysis- land acquisitions, environment and regulatory clearances, rehabilitation resettlement policies, tariffs and user charges etc. A qualitative assessment of value for money is performed to know the systematic risk of project. This risk must be optimally allocated between implementing parties rather than unequally transferring to private party. Phase-3 is related to project procurement and award. In order to imbibe public confidence, these procurements must be unbiased, competitive and non-discriminatory. It must be allocated timely and encourage maximum participation from several parties involving in competitive bidding. All applications must follow PPP rules and procedures as framed by Government. Request for qualifications (RFQ) and Request for proposals (RFP) have to be submitted by parties after expression of interest (EOI). Technical and financial proposals must also be submitted in case of large and complex projects. A prescribed bidding procedure and model documents should be followed by implementing agencies after getting approvals from competent authorities such Cabinet Committee on Economic Affairs (CCEA) or Public Private Partnership Appraisal Committee (PPPAC). E-tendering and online auction are also conducted to invite participation from large number of agencies. The contract draft containing legal rules, regu lations and standards are provided to prospective parties before bidding. Arrangements are made for speedy implementation of project. Phase-4 of contract management and monitoring is done after project allocation. It actively supervises project as per contract throughout the project life cycle. It is a phase where majority of dispute occurs and is most crucial due to changing business and economic scenarios. A credible and efficient dispute resolution mechanism is set up to deal with any differences. It must be in accordance to contract that has been made during bidding process. Project monitoring Committees are formed to assist parties and resolve issues among implementing agencies. 3. Current status of PPPs in India The sector wise distribution of PPP projects shows that 53% out of 758 projects are in road projects having worth of 46% by total value (Figure) mainly because of small size of projects. Urban development project accounts for 20% of total number of projects. Ports having larger project size accounts for only 8% of total number but 21% by total value. The expansion plans of highways, inadequate berth at Ports, inadequate capacity at airports, saturated routes with low payload to tare ratio in railways and energy shortages are some of the factors that drives the need of infrastructural development in India. The total cost of all the project is INR 3,833 billion. Some states have taken this model to far more extent than others. Karnataka, Andhra Pradesh, Madhya Pradesh, Maharashtra and Gujarat with 104, 96, 86, 78 and 63 projects are top five states following PPP based development. It can also be seen that states and municipalities have much larger role to play in boosting private investments in healthcare, e-governance and education sectors which seems to be untapped across India. National Highways Authority of India holds maximum of 155 projects and fall under Build-Operate-Transfer (BOT) or Build-Own-Operate-Transfer (BOOT) type of PPP. Government policies in favor of alluring private participation as well as innovation in implementation has rewarded success. Most of the contracts are awarded by domestic or international competitive bidding while remaining are awarded by negotiated MoUs. The valuation graph shows that almost 78% of total project worth 500 or more. 4. PPP model and schemes PPP model was formulated in order to improve public sector infrastructure and services. It includes whole spectrum of partnership between private and public agencies through contract making and revenue sharing. This arrangement includes significant risk due to imbalance in project finance and future uncertainties. Precautions are taken to keep the process flexible and discernible during contract formulation through various models and schemes which are summarized in figure xx. 5. Why closed approach to contract renegotiation? A big question is that why India does not have a defined and established legal and regulatory dispensation to address the issues relating to renegotiation and life-cycle management of PPP infrastructure assets? The struggle for reset of imported coal based projects for Adani Power and Tata Power, the GMR and GVK break up from mega-highway projects, The Gurgaon Expressway case, Delhi Metro Rail Express Line case of arbitration and private telecom operator case for fighting against government bodies poses a very clear demand for policy change. An independent, impartial and credible body should be set up in line with others created in emerging economies such as Infrastructure Concessions Regulatory Commission in Nigeria, the PPP Advisory Unit in Ghana, the PPP Centre in Philippines and the PPP Unit in South Africa. This empowered body should dispense judgment related to disputes in contract renegotiations. An overview of more than 1,000 PPP concessions studied by the World Bank Institut e in Latin America and Caribbean from 1985-2000 throw up these characteristics of PPP renegotiation: Some expert believes that perception among investors that PPP model will never face contract renegotiation related problems is a root cause of dispute. How can a large project having life of more than 20-30 years be expected to be never renegotiated? Several international case studies shows that it is rare to see project without renegotiations. In fact, in changing times, no human ingenuity can predict zero problems over a life cycle of PPP project. 5.1 Risk Involved in PPP Figure below shows some of the risks associated with public and private partnership that can result in conflict. 5.2 Case Study of Delhi Metro Express Line The Reliance Infrastructure and Delhi Metro Rail Corporation (DMRC) partnered subsidiary DAMEPL was the country’s first PPP project in railways. The airport express line project was commissioned in February, 2011. The dispute in this project was not a surprise as it was into controversy from day one on safety clearances and technical glitches. The tussle between parties was on payment of delay penalty. After commissioning of the project, the issue became severe and resulted in operational closure of service for six months. It settled only after payment of fees by Reliance infra who later claimed along with its lost reputation as penalty. Analysis: The fiasco that resulted in withdrawal of Reliance Infrastructure from airport express line of Delhi metro questioned the policy of PPP in India. The major factor for dispute of Express Line PPP was wrong projections of daily passenger traffic by DAMEPL. The actual passenger never exceeded 20,000 per day which was against the expected 40,000 per day. This skewed the financial liabilities towards the Reliance Infrastructure. Some critics suggests the private party to meet the commitment of concession agreement without asking for contract renegotiation. The penalty of Rs. 795 crore slapped by the private partner set the stage for a long drawn legal battle between the two agencies. Had the terms of contract been renegotiated, and financial implications been revisited, the dispute would have never been raised. A practical solution of dispute resolution by an independent government body could have rescued the parties entering into dispute and later penalty payments.

Essay --

bizarre genetic disease that seems to accelerate ageing could hold the key to longer lives for children with progeria.Progeria is an extremely rare, fatal genetic condition which causes babies to age quickly. Progeria was first described in an academic journal by Dr. Jonathan Hutchinson in 1886 and also by Dr. Hasting Gilford in 1897 both man was from England (Nordqvist 1). After discovering the two people they later came up with a new name for Progeria called Hutchinson-Gilford Progeria Syndrome (HGPS). Today in life there 53 cases of Progeria around the world and only 2 in the UK.1 in every 4 to 8 million babies are born with Progeria. Progeria effect all race equal boys and girls. As newborn, children with Progeria usually appear normal at birth. However, within a year their growth rate slows and they soon are much smaller and weigh less than other children they age. Then later they begin to accelerate aging and some signs of progeria may start. Growth failure, Loss of body, Loss of hair, Skin starts to look aged, Stiffness in the joint, Hip dislocation, Generalized atherosclerosis, and stroke are all symptoms that child with Progeria will have. Children who suffer from Progeria are genetically susceptible to premature, progressive heart disease (Davis 2). Progeria appears to occur without cause and it is not seen in siblings of affected children. Children with Progeria have a surprisingly appearance. 90% of children with Progeria have a mutation on the gene that encodes Lamin A, a protein that holds the nucleus of the cell together (Conley 4). Lamin A protein makes the nucleus stable it leads to the process of premature aging among Progeria patients. Experts do not believe that Progeria is hereditary. In about 1 in ev... ...yday because you they never know when they might lose them. Progeria is not usually passed down in family. Children with Progeria often suffer from symptoms typically seen in elderly people (Davis1). People inherit the disease only one copy of the LMNA gene is enough to cause the disease because it is an autosomal dominant gene. The Progeria Research Foundation was created in 1999. Progeria does have parallels with normal ageing; at least in one key aspect how out blood vessels deteriorate. Researchers found that a drug known as rapamyein slowed and even stopped the disease progression the cells. Progeria only affected newborn babies. Progeria is a very rare disease that no one knows where it comes from. Research today is still haven’t come up with a way to stop the cure for Progeria. Some research found a way to make Progeria patients live longer then the age 13.

Lease Application for Rent :: Residential Lease Agreement Contracts

Lease Application for Rent [_] This package contains (1) Instructions and Checklist for Residential Lease Agreement; (2) Information about Residential Lease Agreements; (3) Residential Lease Agreement; (4) Inspection Checklist; (5) Lead Paint Disclosure. [_] The Landlord must sign the Lease Agreement [_] The Tenant(s) must sign the Lease Agreement. If there is more than one adult Tenant, all should sign the Lease Agreement. [_] Generally both the Landlord and the Tenant(s) get an original signed Lease Agreement each. Therefore, if there is one Landlord and 2 Tenants, 3 original leases should be executed (i.e. signed). [_] The Landlord and the Tenant(s) should conduct a joint inspection before the beginning of the lease. [_] If a lease exceeds a certain number of years, some states require that the lease be recorded. Recording a Lease would generally also require notarization. The parties should also investigate under what circumstances a Lease may need to be recorded. [_] Some states require the Landlord and Tenant to conduct an inspection of the premises to be rented, before physical occupancy by the Tenant or before the lease is signed. Even if a state does not require a joint inspection, it is always a good idea to do one. [_] If the property is built before 1978 property (i.e. pre-1978 property), federal law requires that the Landlord and Tenant (and their Agents) sign the  ¡Ã‚ §Disclosure of Information on Lead-Based Paint ¡Ã‚ ¨. Federal law requires the Landlord to keep the signed copy of the  ¡Ã‚ §Disclosure of Information on Lead-Based Paint ¡Ã‚ ¨ for a minimum of three years as proof of compliance with the rules. A copy of the  ¡Ã‚ §Disclosure Of Information On Lead-Based Paint and/or Lead-Based Paint Hazards ¡Ã‚ ¨ form is included in this package. [_] These forms contain the basic terms and language that should be included in similar agreements. The laws in some states require a seller to make additional written disclosures, including disclosures about the condition of the house, the neighborhood, environmental disclosures and any other known problems. Some cities and other municipalities may also have specific disclosure requirements that need to be included. Check with a real estate agent or attorney in your area to determine what additional disclosures, if any, are required in your state or locality. If not required by law, a Buyer may still request the disclosures and try to make them part of the agreement. [_] Laws vary from time to time and from state to state. These forms are not intended and are not a substitute for legal advice.

Graduation Speech: Be Perfect in Christ Jesus :: Graduation Speech, Commencement Address

As I was pondering what to speak about tonight, I started thinking about what has been the main influence in my school experience. I realized that what has shaped me most has been my teachers. What is a teacher? After 13 years of school, believe me, I have an extremely good idea of what a teacher is. Two teachers began to teach me, my father and my mother. The poet Ann Taylor wrote, "Who taught my infant lips to pray, And love God’s holy book and day, And walk in wisdom’s pleasant way? My Mother." This year as we were challenged to give our hearts to God and our minds to our teachers, we learned more of their goals to see us grow as Jesus did in wisdom, stature and favor with both God and man. Col. 1:28 encourages teachers to warn and teach in all wisdom to present each man perfect in Christ Jesus. Mr. Murry’s attitude "For Jesus" led the way for other teachers. Who could forget Mr. Jones' daily quotes? "Whatever you say, Mr. Livesay" was a rhyming line. Mrs. Bears, a Spanish translator for the court system, was able to translate her students’ effort to learn a foreign language. Mrs. Gabby said Yearbook/Marketing Media was her favorite class this year. Of course it was her only class. The firefighting stories of Mr. Doof caught our attention. The musical Mrs. Buyers and artistic Mrs. Williams pulled off an outdoor Christmas program, and Mrs. Sholer , in the midst of planning her son’s wedding, found the time to take her PE class on a volleyball field trip. Looking back from this past year to my earlier school days, one of the teachers that boldly stands out in my memory is Mrs. Miner. No one else has named me as her daughter, Joanie Miller. While at Grace Academy, art class at the end of the day with Mrs. Frisk still makes my sides ache from giggling. During the days when there were no art classes, Mr. Peterson’s enthusiasm for hockey brightened the gymnasium, as he and my father practiced rapid-fire slapshots on some unsuspecting ninth grader. But, through all the memories, I was trying to think of one characteristic of teachers that has shown through the many years. I thought about their dedication, patience and guidance but decided that these wouldn’t do.

Homosexuality in America in Reference to Cat

These accusations were made by people such as John Clue and Nicholas De Jingo. Shackled suggests that these critics didn't take into account that writers and their work would have been rejected or censored. (Shackled; 1998). Gay men and women were subject of Senator McCarty Witch' hunts during the ass, they were considered by the government as security risks. The government accused homosexuals as potential acting as spies who would betray them as this type of lifestyle was UN-American. (Shackled; 1998).Homosexuals were also seen as communists, and during the witch hunt in the asses they were prosecuted, even thou proof. Government officials were fired from their jobs. This was known as McCarthy. (Shackled; 1998). â€Å"Inspired by McCarthy, a legislative committee sought to rid Florida of any perceived homosexual, for being gay was not only perversion of the highest magnitude but, more importantly, also tantamount to being a traitor† (Shackled; 1998). During the time that Will iams wrote ‘Cat on a Hot Tin Roof' being gay was one of the worst crimes that someone could commit.Homosexuality was also considered as a mental illness, which meant that anyone ho was open about their gay lifestyle was immediately seen as ‘abnormal. ‘ This meant that the medical procedure known as a Lobotomy could be performed in order to cure homosexuality. These procedures went ahead despite Sigmund Fried's claims that homosexuality was ‘neither an asset nor a liability. ‘ (Shackled; 1998). In ‘Cat on a Hot Tin Roof It Is clear that Skipper was a gay man. He drank himself to death after admitting his love for Brick, and falling to prove that he wasn't when sleeping with Maggie. Alcohol becomes the means by which both the gay or quasi- ay male characters, Skipper and Brick, run from their inner selves. Skipper is portrayed as a disturbed but clearly homosexual man whose love and admiration for Brick are such that he cannot face the truth Maggie helps reveal to him. † (Shackled; 1998). Skipper is a key role In this play, despite being dead before It begins.

International Markets Essay

Once SAB Miller has decided to establish itself in the global market, it becomes necessary for the marketing manager to study and analyze the various options available to enter the international markets and select the most suitable one. The selection of the entry mode is one of the most significant decisions.SAB Miller takes in the process of internationalization, as it involves commitment of resources with long-term financial and structural implications. Mode of entry may be defined as an institutional mechanism by which a firm makes its products or services available to consumer in international markets. Root (1994) defines the market entry for international markets as a comprehensive plan which sets forth the objectives,goals,resources,and policies that guide a company’s international business operations over a future period long enough to achieve sustainable growth in world markets. FACTORS AFFECTING THE SELECTION OF ENTRY MODE EXTERNAL MODES MARKET SIZE:Market size is one of the key factors an international marketer has to develop to keep in mind when selecting an entry strategy.Countries with a large market size justify the modes of entry with investment,such as wholly owned subsiaries or equity participation. MARKET GROWTH:Most of the large,established markets,such US,Europe and Japan,have more or less reached a point of saturation for consumer goods such as automobiles,consumer electronics.Therefore,the growth of markets in these countries is showing a declining trend.For instance,the overall growth in most of the US and European market is about 7% while emerging markets like India and China is over 30% which indicates tremendous market potential in time to come. Therefore,from the perspective of long-term growth potential such as China,India,Thailand,Indonesia etc.These markets are also termed emerging markets. GOVERNMENT REGULATIONS:The selection of market entry modes to a great extent affected by the legislative framework of the overseas market,the government of most of the Gulf countries have made it mandatory for foreign firms to have local partner.For instance,the UAE is a lucrative market for Indian firms but most firms operate there with a local partner. Trade barriers such as ecological regulations and local content requirements also affect the mode of entry.It has been a major reason for  increased foreign investment in Mexico,which is a part of the North American Free Agreement(NAFTA),in order to cater to the US market. LEVEL OF COMPETITION:Presence of competitors and their level of involvement in an overseas market is another crucial factor in deciding on an entry mode so as to effectively respond to competitive market force.This is one of the major reasons behind auto companies setting up their operations in India and other emerging markets so as to effectively respond to global competition. INTERNAL MODES COMPANY OBJECTIVES:Companies operating in domestic markets with limited aspirations generally enter foreign markets as a result of a reactive approach to international marketing oppurtunities.In such cases,companies receive unsoliated orders from acquaintances,firms and relatives based abroad,and they attempt to fulfil these export orders.This casual approach to entering international markets by way of producing in the homemarket and exporting overseas translates into regular exporting if the firm has positive experience in its exports operation. AVAILABILTY OF COMPANY RESOURCES:Venturing into international markts needs substantial commitment of financial and human resources and therefore choice of an entry mode depends upon the financial strength of a firm.It may be observed that Indian firms with good financial strength have entered international markets by way of wholly owned subsidiaries or equity participation. LEVEL OF COMMITMENT:In view of the market potential,the willingness of the company to commit resources in a particular market also determines the entry mode choice.Companies need to evaluate various investment alternatives in a particular market also depends upon the way the company is willing to perceive and respond to competitive forces. INTERNATIONAL EXPERIENCE:A company well exposed to the dynamics of the international marketing environment would be at ease when making a decision regarding entering into international markets with a highly intensive mode of entry such as joint venture and wholly owned subsidiaries. Below are different modes of market entry and they include: EXPORTING Exporting is the simplest method of entering a foreign market.It is the  process of sending goods or services from country to other countries for use or sale there. By exporting to a foreign country,a company is able to enter this country without actually establishing itself in the country.The company must simply manufacture products that can be shipped to the foreign country.Export activities may take several forms,including indirect exporting,direct exporting,and intracorporate transfers. Direct exports represent the most basic mode of exporting, capitalizing on economies of scale in production concentrated in the home country and affording better control over distribution. Direct export works the best if the volumes are small. Types of direct exporting are: Sales representatives – that represent foreign suppliers/manufacturers in their local markets for an established commission on sales. Provide support services to a manufacturer regarding local advertising, local sales presentations, customs clearance formalities, legal requirements. Importing distributors – purchase product in their own right and resell it in their local markets to wholesalers, retailers, or both. Indirect Exporting Indirect export is the process of exporting through domestically based export intermediaries. Indirect methods of exporting requires less marketing investment, but, as the exporter has no control over its products in the foreign market, the company lose substantial control over the marketing process. Types or methods of indirect exporting are: Filling orders from domestic buyers who then export the product Seeking out domestic buyers who represent foreign customers Exporting through an Export Management Company (EMC) Exporting through an Export Trading Company (ETC) INTRACORPORATE TRANSFERS A third form of export activity is the intracorporate transfer,which has become more important as the sizes of MNCs have increased.An intracorporate transfer is the sale of goods by a firm in one country to an affiliated firm in another. LICENCING License is a contract to identify what is being licensed: trademarks, patents, designs, copyrights or software. Licensing allows rapidly entering into the chosen foreign market and reduces capital requirements to establish manufacturing facilities overseas. Your contract does not violation of the host country’s existing laws and regulations.a licensor in the home country makes limited rights or resources available to the licensee in the host country. The rights or resources may include patents, trademarks, managerial skills, technology, and others that can make it possible for the licensee to manufacture and sell in the host country a similar product to the one the licensor has already been producing and selling in the home country without requiring the licensor to open a new operation overseas. The licensor earnings usually take forms of one time payments, technical fees and royalty payments usually calculated as a percentage of sales. As in this mode of entry the transference of knowledge between the parental company and the licensee is strongly present, the decision of making an international license agreement depend on the respect the host government show for intellectual property and on the ability of the licensor to choose the right partners and avoid them to compete in each other market. Licensing is a relatively flexible work agreement that can be customized to fit the needs and interests of both, licensor and licensee. Franchising The franchising system can be defined as: â€Å"A system in which semi-independent business owners (franchisees) pay fees and royalties to a parent company (franchiser) in return for the right to become identified with its trademark, to sell its products or services, and often to use its business format and system. Compared to licensing, franchising agreements tends to be longer and the franchisor offers a broader package of rights and resources which usually includes: equipment, managerial systems, operation manual, initial trainings, site approval and all the support necessary for the franchisee to run its business in the same way it is done by the franchisor. In addition to that, while a licensing agreement involves things such as intellectual property, trade secrets and others while in franchising it is limited to trademarks and operating know-how of the business. TYPES OF FRANCHISES There are three available types of franchises.The first type is the dealership,a form commonly found in the automobile industry.Here,the manufacturers use franchises to distribute their product lines.These dealership act as the retail stores for the manufacturer.In some distance,they are required to meet quotas established by the manufacturers,but as is the case for any franchise,they benefit from advertising and management support provided by the franchisor.The most common type of franchise is the type that offers a name,image and method of doing business,such as McDonald’s,KFC,Holiday Inn. There are many of these types of franchises,and their listings,with pertinent information can be found in various sources. A third type of franchise offers services.These include personnel agencies,income tax preparation companies and real estate agencies.These franchises have established names and reputation and methods of doing business.In some distances,such as real estate,the franchisee has actually been operating a business and then applies to become a member of the franchise. CONTRACT MANUFACTURING Contract manufacturing refers to a situation where a business will engage the services of an independent party to perform a specified duty for the business. In terms of manufacturing, contract manufacturing refers to a situation where a manufacturer will engage the services of an independent party to perform a specified job. There are various reasons for this type of engagement by manufacturers, all of which involve the maximization of profit. The process of contract manufacturing also has some negative considerations that include the risk of uncertainty and lack of control over the process. WHOLLY OWNED SUBSIDIRIES Entering a foreign market with a wholly owned subsidiary involves creating a local firm without the aid of a local partner. There are two ways of doing this. The first is through what is called greenfield development. This involves creating a new organization in the foreign country from the ground up. The second method is what is referred to as brownfield development. This involves purchasing an existing company in a foreign country. Brownfield developments can be beneficial because they offer local expertise, but they can be difficult because there may be resistance from those in the company  to new ownership. JOINT VENTURE A market entry option which the exporter and a domestic company in the target country join together to form a new incorporated company. Both parties provide equity and resources to the JV and share in the management, profits and losses. The JV be limited to the life of a particular project. This option is popular in countries where there are restrictions on foreign ownership, eg. China and Vietnam PIGGYBACKING Piggyback marketing – low cost market entry strategy in which two or more firms represent one another’s complementary (but non-competing) products in their respective market. Or, in other words, it is an arrangement, where two or more companies help each other to market their products, where the products have to be complementary and not competing against each other. LEVEL OF INVOLVEMENT IN INTERNATIONAL MARKETS No direct foreign marketing: A company in this stage does not actively cultivate customers outside national boundaries; however this company’s products may reach foreign markets. Sales may be made to trading companies as well as foreign customers who come directly to the firm. Or products may reach foreign markets via domestic wholesalers or distributors who sell abroad without explicit encouragement or even knowledge of the producer. As companies develop web sites on the internet, many receive orders from international Web surfers. Often an unsolicited order from a foreign is what piques the interest of a company to seek additional international sales. Infrequent Foreign marketing: Temporary surpluses caused by variations in production levels or demand may result in infrequent marketing overseas. The surpluses are characterized by their temporary nature; therefore sales to foreign markets are made as goods are available, with little or no intention of maintaining continuous market representation. As domestic demand increases and absorbs surpluses, foreign sales activity is withdrawn. In this stage, little or no change is seen in company organization or product lines. However, few companies today fit this  model because customers around the world increasingly seek long term commercial relationships. Further, evidence exists that financial returns from initial international expansions are limited. Regular Foreign marketing: At this level, the firm has permanent productive capacity devoted to the production of goods to be marketed in foreign markets. A firm may employ foreign or domestic overseas intermediaries or it may have its own sales force or sales subsidiaries in important markets. The primary focus of operations and production is to service domestic market needs. However, as overseas demand grows, production is allocated for foreign markets, and products may be adapted to meet the needs of individual foreign markets. Profit expectations from foreign markets move from being seen as a bonus to regular domestic profits to a position in which the company becomes dependent on foreign sales and profits to meet its goals. International marketing International marketing is the export, franchising, joint venture or full direct entry of a marketing organization into another country. This can be achieved by exporting a company’s product into another location, entry through a joint venture with another firm in the target country, or foreign direct investment into the target country. The development of the marketing mix for that country is then required – international marketing. It can be as straightforward as using existing marketing strategies, mix and tools for export on the one side, to a highly complex relationship strategy including localization, local product offerings, pricing, production and distribution with customized promotions, offers, website, social media and leadership. Internationalization and international marketing meets the needs of selected foreign countries where a company’s value can be exported and there is inter-firm and firm learning, optimization and efficiency in economies of scale and scope. The firm does not need to export or enter all world markets to be considered an international marketer. Global Marketing Global marketing is a firm’s ability to market to almost all countries on the planet. With extensive reach, the need for a firm’s product or services is  established. The global firm retains the capability, reach, knowledge, staff, skills, insights, and expertise to deliver value to customers worldwide. The firm understands the requirement to service customers locally with global standard solutions or products, and localizes that product as required to maintain an optimal balance of cost, efficiency, customization and localization in a control-customization continuum to best meet local, national and global requirements to position itself against or with competitors, partners, alliances, substitutes and defend against new global and local market entrants per country, region or city. The firm will price its products appropriately worldwide, nationally and locally, and promote, deliver access and information to its customers in the most cost-effective way. The firm also needs to understand, research, measure and develop loyalty for its brand and global brand equity (stay on brand) for the long term. b)OULINE ADVANTAGES AND DISAVANTAGES OF EACH STRATEGY. Advantages of direct exporting: -Control over selection of foreign markets and choice of foreign representative companies. -Good information feedback from target market. -Better protection of trademarks, patents, goodwill, and other intangible property. – Potentially greater sales than with indirect exporting. Disadvantages of direct exporting: – Higher start-up costs and higher risks as opposed to indirect exporting; – Greater information requirements; – Longer time-to-market as opposed to indirect exporting. Advantages of the international franchising mode: -Low political risk -Low cost -Allows simultaneous expansion into different regions of the world -Well selected partners bring financial investment as well as managerial capabilities to the operation. Advantages of indirect exporting -It’s an almost risk-free way to begin. -It demands minimal involvement in the export process. -It allows you to continue to concentrate on your domestic business. -You  have limited liability for product marketing problems — there’s always someone else to point the finger at! -You learn as you go about international marketing. -Depending on the type of intermediary with which you are dealing, you don’t have to concern yourself with shipment and other logistics. Disadvantages of indirect exporting: -Your profits are lower. -You lose control over your foreign sales. -You very rarely know who your customers are, and thus lose the opportunity to tailor your offerings to their evolving needs. -When you visit, you are a step removed from the actual transaction. You feel out of the loop. -The intermediary might also be offering products similar to yours, including directly competitive products, to the same customers instead of providing exclusive representation. -Your long-term outlook and goals for your export program can change rapidly, and if you’ve put your product in someone else’s hands, it’s hard to redirect your efforts accordingly. Advantages of licensing -Obtain extra income for technical know-how and services -Reach new markets not accessible by export from existing facilities -Quickly expand without much risk and large capital investment -Pave the way for future investments in the market -Retain established markets closed by trade restrictions -Political risk is minimized as the licensee is usually 100% locally owned -Is highly attractive for companies that are new in international business. Disadvantages of licensing -Lower income than in other entry modes -Loss of control of the licensee manufacture and marketing operations and practices leading to loss of quality -Risk of having the trademark and reputation ruined by an incompetent partner -The foreign partner can also become a competitor by selling its production in places where the parental company is already in. -investment to attract prospects and support and manage franchisees. Advanatges of Frachising -Franchising provide knowledge of the local markets. A franchise provides franchisees with a certain level of independence where they can operate their business. A franchise provides an established product or service which may already enjoy widespread brand-name recognition. This gives the franchisee the benefits of a pre-sold customer base which would ordinarily takes years to establish. A franchise increases your chances of business success because you are associating with proven products and methods. Franchises may offer consumers the attraction of a certain level of quality and consistency because it is mandated by the franchise agreement. – Disadvantages of franchising: -Franchisees may turn into future competitors. -Demand of franchisees may be scarce when starting to franchise a company, which can lead to making agreements with the wrong candidates -A wrong franchisee may ruin the company’s name and reputation in the market -Dependence on franchisee. -Potential conflicts with franchisee. Advantages of Joint Venture: -Accessing additional financial resources – Asset sharing is one of the best advantages about joint venture. Since, you are able to use larger funds to facilitate the production and operation of projects and products, you facilitate growth. In other words, you increase profit margin and increase your revenue potential. -Sharing the economic risk with co-venturer – It pays to have someone sharing the responsibility with you in case you end up in deep troubles. This is also true with joint venture. Since you are sharing assets, the risk of losing a great deal of money is divided to both parties. -Widening economic scope fast – Building reputation is often difficult, not to mention time consuming and expansive. At a joint venture, you are able to widen your economic scope without spending too much money and waiting for a long time. – Tapping newer methods, technology, and approach you do not have – In order to grow and expand, you need resources in the forms of methods, technology, and approach. For that matter, it would help a lot if you will be able to partner with an entity that presently has the things you don’t and the things you need. Joint venture opens up the venue for such need. -Building relationship with vital contacts – Aside from economic territory, another advantage of joint venture is the ability to give you business relationships with vital contacts. This is just like automatically befriending your partner’s influential friend that can give you access to lots of things such as business opportunities and a pass to vital information. Disadvantages of Joint Venture: -Shared profit – Since you share assets, you also share the profit. The profit of both parties usually depends on the size of the share to the venture or may be defined on the agreement. -Diminished control over some important matters – Operational control and decision making are sometimes compromised in joint ventures. Since there is an agreement that divides which one will take over a particular operation, the other may not be satisfied with how the things are worked out with another. This leads us to another disadvantage of a joint venture. -Undesired outcome of the quality of the product or project – Since one party may not have control on the supervision of the production or the execution of one part of the system, this can happen. This often leads to disputes and lawsuits. To avoid this, both parties agree on specific details about the whole operation process. -Uncontrolled or unmonitored increase in the operating cost – Again, defined control over the operation may lead to this disadvantage. It is important therefore to make sure that all things are clarified on the paper before singing in the joint venture agreement. Advantages of contract manufacturing -Low financial risks – contract manufacturing allows companies to save costs by manufacturing a particular item at a cheaper rate than what it would cost them If they decided to undertake the manufacturing process themselves. – it allows the company doing the outsourcing to shave some time off the whole process, giving them quicker returns and turnovers. – Where a company is less effective than another in manufacturing an item, contract manufacturing will allow it to concentrate on that in which it is the most efficient. Disadvantages of contract manufacturing -Reduced learning potential -Potential public relations problems may need to monitor working conditions. -The company doing the outsourcing faces some degree of risk if it fails to do its research properly. This is because outsourcing the manufacturing to the wrong company could end up costing the company more, rather than less, if the outsourced company fails to deliver as expected. Advantages of wholly owned subsidiaries On the positive side, a wholly-owned subsidiary that does its business in a location different from the parent company’s is able to remain in its locale. With the business world spanning so many countries, this can serve as a great advantage in international situations. Name recognition is another positive reason for maintaining a wholly-owned subsidiary. If a particular brand name is well known and popular, the parent company has no reason to absorb the subsidiary entirely. Wholly-owned status allows the subsidiary to retain its name brand, thus avoiding hindering its sales. Diversity for the parent company is another perk created by maintaining a wholly-owned subsidiary. This status allows the parent company to branch out into different products and markets, building strength in diversification. Disadvantages of wholly owned subsidiaries a wholly-owned subsidiary are more business oriented. The holding company runs a definite risk in assuming control of another company while allowing its management to continue to operate independently of the parent company’s. The level of investment and allocation of funds and resources required is also very high. A parent company must spend a great deal of time and money to smoothly integrate the new subsidiary.All of these factors require commitment and dedication on the part of the holding company and willingness to form that partnership on the part of the subsidiary. Advantages of piggybacking reduced financial costs limited risk quick, easy access to the market. Generally, the supported company can make immediate profits on the new market. The SME can, thus save time (3-5 years), compared to the normal length of time necessary to establish itself ; reduced logistical and administrative operations ; benefit of the brand image that the supporting company brings to its products ; immediate availability of a sales force structure ; excellent market knowledge of the supporting company. Disadvantages of piggybacking weak motivation of large companies to become supporters ; difficulty in finding partners offering a compatible product and distribution network ; risk of market loss, which can be reduced due to the complementarity of the product, and commercial follow-up between the partners ; occasional difficult relations because of differences in size or culture ; risk of lack of mutual confidence and of lack of involvement ; risk of conflict of interest (e.g. local agents could systematically put the interests of the supporting company before those of the supported company) ; occasional very rigid requirements and conditions of access to the commercial networks of large companies. These conditions can be qualitative (e.g.: product quality) and quantitative (minimum level of annual turnover, high commissions, etc.). Macro Environmental Influences That Can Affect SAB Millers SABMiller’s origins date back to the foundation of Castle Breweries in 1895 as to serve a growing market of miners and prospectors in and around Johannesburg, South Africa. Two years later, it became the first industrial company to list on the Johannesburg Stock Exchange and the year after (1898) it listed on the London Stock Exchange. From the early 1990s onwards, the company increasingly expanded internationally, making several acquisitions in both emerging and developed markets. In 1999, it formed a new UK-based holding company, SAB plc, and moved its primary listing to London. In May 2002, SAB plc acquired Miller Brewing, forming SABMiller plc. It is very important that SAB Miller considers its environment before going into international the market. In fact, environmental analysis should be continuous and feed all aspects of their planning to go international The macro-environment refers to the major external and uncontrollable factors that influence an organization’s decision making, and affect its performance and strategies. These factors include the Political (and legal) forces, Economic forces, Sociocultural forces, and Technological forces. These are known as the PEST factors. PEST Analysis Political Factors: The political environment revolves around the current government in a particular country in which SAB Miller manufactures or trades, and also laws/legislation operate or within their home market as well as overseas. If their government is socialist then perhaps there is a policy to tax more and to invest in the public sector. On the other hand if SAB Millers have a more conservative or Republican government then the free-market is left to take control, taxation is less and there is often a smaller public sector. The political arena has a huge influence upon the regulation of the business, and the spending power of consumers and other businesses. SAB Miller must consider issues like: †¢How stable is the political environment in that country? †¢Will government policy of that country influence laws that regulate or tax SAB Miller? †¢What is the government’s position on marketing ethics? †¢What is the government’s policy on the economy? †¢Does the government have a view on culture and religion? †¢Is the government involved in trading agreements such as EU, NAFTA, ASEAN, or others? Economic Factors The economic environment is a direct influence on all businesses. Obviously if you are studying marketing there is a huge element of economics within the topic itself, and you should be no stranger to the principles of economics. As we saw from our lesson on the marketing environment there is a macro environment, and internal environment and the microenvironment. More specifically you’ll be at looking elements such as where a business is in terms of the current business cycle, and whether or not they are trading in a recession. SAB Millers marketers need to consider the state of a trading economy in the short and long-terms. This is especially true when planning for international marketing. You need to look at: 1. Interest rates. 2. The level of inflation Employment level per capita. 3. Long-term prospects for the economy Gross Domestic Product (GDP) per capita, and so on. Sociocultural Factors The Sociocultural environment embodies everything which is social and cultural within a nation or society. There are plenty of examples of society and culture on the marketing teacher website, so we recommend that you go to our lesson store and look through some of the consumer behaviour pages. Some notable examples would include the influence of learning, memory, emotion and perception, motivation, lifestyle and attitude and consumer culture. Have a look at the six living generations in America, social environment and class, the impact of your birth order on how you behave as a consumer and take a look at the eight types of online shoppers. In a more general sense consider influences such as the increase in life expectation of Western consumers, and demographics which is the study of populations. The social and cultural influences on business vary from country to country. It is very important that such factors are considered. Factors include: 1. What is the dominant religion? 2. What are attitudes to foreign products and services? 3. Does language impact upon the diffusion of products onto markets? 4. How much time do consumers have for leisure? 5. What are the roles of men and women within society? 6. How long are the population living? Are the older generations wealthy? 7. Do the population have a strong/weak opinion on green issues? Technological Factors Technological factors are a multifaceted influencer. Let’s just think about the sorts of technology that you come in touch with almost daily. Smart phones such as Android and iphone are now common – all – garden, and we are used to being able to access information and communication technology instantly no matter where we are. During studies or at work we have access to information on quick PCs and over the Internet, with faster broadband connections arriving in many parts of the world. Technology also surrounds business processes. As we saw from our lesson on the functions within an organisation all departments use information technology or technology in one form or another. Our manufacturing operations will use technology to produce goods and services. Our logistics and warehousing functions use forklifts and Lorries as well as order tracking technology and software. The customer service department will use communication technology to talk to customers but will also have access to internal systems, such as technology to simplify credit control and stock control for example. There are many, many more examples of technology. Technology is vital for competitive advantage, and is a major driver of globalization. Consider the following points: 1. Does technology allow for products and services to be made more cheaply and to a better standard of quality? 2. Do the technologies offer consumers and businesses more innovative products and services such as Internet banking, new generation mobile telephones, etc? 3. How is distribution changed by new technologies e.g. books via the Internet, flight tickets, auctions, etc? 4. Does technology offer companies a new way to communicate with consumers e.g. banners, Customer Relationship Management (CRM), etc?

ED Leadership: Reflective Essay (Interview) Essay

I was fortunate to have the unique opportunity to interview my Principal, Dr. Tim Anderson and Head of School, Dr. Julie Giardino. Since we are employed at a Christian school, I was interested in learning their personal teaching philosophies, views on education and personal beliefs on leadership. In regards to their teaching philosophies, both believe innately and unequivocally that all children have the ability and a right to learn. Together, they have over 30 years of educational experience and their passion for student learning and achievement is still evident. They surmise teachers are the authorities in the classroom, should be empowered to be creative and have the ability to adapt or change curriculum. However, they also conclude teachers should not supersede administration or affect policy. At the core or foundation of every decision they make is their relationship with Christ. This foundation drives how they interact, communicate and lead others. Therefore transparency, truth, integrity and dignity for all people are moral truths and or ethical standards they reverence. Both individuals have a collaborative/servant leadership style and feels that the key to being an effective leader starts by being a good listener. Second, a good leader builds meaningful relationships by: a) modeling a servant’s attitude, b) collaborating with constituents, c) celebrating differences, d) recognizing accomplishments and e) fostering accountability via restorative correction. Since building relationships is one of the fundamental elements of their leadership style, both are prudent in utilizing e-mail and social media as a form of communication between themselves and their constituents. Dr. Anderson understands social media and e-mail is useful as a way to communicate facts (for example teacher duties, responsibilities or upcoming sporting events). However; Dr. Giardino expressed, she values one on one communication. In her experience, e-mail can foster miscommunication due to the inability to read body language and tone. Dr. Anderson and Dr. Giardino cautioned that although their style is collaborative there are times they will adapt their style to a given situation. If there is an immediate threat in the building and or someone is being defiant in nature, their style will become directive to mitigate or resolve the conflict. In conclusion, they both agree the best part of the job is the people. Dr. Anderson elaborated, that as a principal, he has the ability to influence and impact more children. He  also gets to be involved and interact with all constituents: the students, parents, teachers and community. However; Dr. Giardino cautioned being an effective leader is lonely. There are long hours involved and one needs to have a strong support system to balance work and family.

Hamlet Insanity Essay

During the chamber scene, Hamlet shows an insane side to not only his mother, but everyone else in the play. Hamlet clearly demonstrates how insane he is after killing Polonius and showing no remorse for his death. Another example of Hamlets insanity is during the chamber scene, when Hamlet’s talking to his mother, the ghost appears talking to Hamlet, but the queen couldn’t see the ghost, only Hamlet could see his fathers ghost. These examples show how crazy, and insane Hamlet is not only in the chamber scene, but throughout the play. Hamlet clearly demonstrates how insane he is after killing Polonius and showing no remorse for his death. Right before Hamlet entered the chamber to talk to his mother, Polonius explains to the queen that he will be hiding and ease dropping on their conversation, to find out the real reason for Hamlet erratic behavior. Hamlet enters the chamber, on a rampage after finding Claudius guilty of killing his father and also seeing him trying to pray. Hamlet goes off on his mother when she says, â€Å"Hamlet, thou hast thy father much offended† (l. 10). That also triggered his anger to the point where the queen feared for her life and as told to do so, she yelled for help. Polonius tries to come out from behind the curtain and before you know it, he was stabbed by Hamlet. At this point, after he stabbed Polonius, killing him, Hamlet first thought it was Claudius that was hiding behind the curtain. Later finding out it was Claudius, Hamlet says, â€Å"A bloody dead– almost as bad, good mother, as killing a king, and marry with his brother† (l. 27-28). You would think that Hamlet would be scared for his life after realizing he killed someone. Not Hamlet, he just continues on with his conversation with the queen about how crazy it is that she remarried so soon. Hamlet showing no remorse for killing someone shows that he is not mental stable and doesn’t realize what just happened. When Hamlet’s talking to his mother, the ghost appears talking to Hamlet, but the queen couldn’t see the ghost, only Hamlet could see his fathers ghost. After the queen finding out that her â€Å"new† husband is a murderer, the ghost reappears in the chamber, reminding Hamlet to not harm his mother because she had nothing to do with anything. Hamlet is trying to explain to his mother by saying, â€Å"To whom do you speak this? Do you see nothing there? Nothing at all, yet all that is I see. Nor did you nothing hear? No, nothing but ourselves† (l. 135- 139). To the queen, she thinks Hamlet’s gone mad, but Hamlet tries to explain himself to her by saying he saw the ghost and that its his father talking to him. Hamlet’s mother doesn’t know what to believe at this point. She doesn’t want Hamlet killing her, so she agrees with whatever Hamlet says. The queen fears for her own life, and that is why the readers think that this is why she agrees with Hamlet. Hamlet insanity takes over his life and he soon finds himself struggling to find what makes sense and what doesn’t. The chamber scene is one of the most important scenes that prove to the readers that Hamlet is crazy. Even though Hamlet tries to prove himself to not be crazy, he just can’t convince his mother, or Ophelia, or anyone else in the play that he isn’t crazy. In the beginning of the play, he shows little signs of being insane, but as you progress throughout the play, you realize that Hamlet is not mentally stable by his actions and words.

International management Essay Example | Topics and Well Written Essays - 500 words

International management - Essay Example Even though my previous academic achievements qualify me for a high-level employment opportunity in a management profession, becoming an all-round and outstanding chief executive is my immediate objective. Completing the program in a recognized institution and working for an outstanding organization are, therefore, the important ladders to my dream. Getting an opportunity with such kind of an employer, however, depends on the program that I intend to pursue and the institution from which the degree is acquired. The high level of competition that has arisen in the job market has also prompted my desire to take international management as my second master’s degree in order to match the current high and diversified academic qualifications employers require. Upon completion of the program, I intend to work with a multinational hotel, in which I shall have an opportunity to manage diversified cultures in different legal environments. Using my acquired skills from the course to contribute back to the society is also my aim. I, for instance, intend to apply the acquired knowledge to lecture in ‘business-oriented’ institutions besides contributing in public forums. Upon achieving my professional objective, I also aim at attaining a social status that will command authority to influence and mobilize the youth into productive activities such as entrepreneurial ventures and pursuit for higher education. This is because the youth currently lack professional figures with such authority and my level of passion. However, I can achieve such a social goal only through completing this master’s degree in international management for a highly regarded professional status. Besides my professional and social interest in the program, I have a wide base of strengths that guarantee my ability to complete the degree within the duration stipulated by the institution. Apart from completing my bachelor’s degree, which

Nature as a Construct in Art Essay Example | Topics and Well Written Essays - 1000 words

Nature as a Construct in Art - Essay Example Since the beginning of time, nature always takes part and affects the way humans express themselves, and from its inspiration, nature becomes part of our culture and personal identity1. This trend of inspiration continues to survive and generation passes it onto the next generation where it gets improvement, or rather alteration, further distancing it from nature. Natural forests are disappearing, man no longer lives in the jungle, water masses are drying up, pure air is diminishing, wildlife getting extinct, and this authentic of world are being represented in a very new way2. Different regions of the world have embarked on trying to resurrect that diminishing era, which due to its rareness is of great value where found. Nature-man interdependence is at a risk due to the conflict brought by man as he sidelines nature in quest for his own gains, a gap that is widening with the day 3. The environment plays a great role in inspiring contemporary artists. Artists use or include elements of the environment such as naturally occurring stone or wood in coming up with pieces. For instance, Andy Goldsworthy, a famous environmental artist mostly uses ice, vegetation, or snow to create ephemeral artworks such as the Midsummer Snowball project in which large snowballs amounting to thirteen decorated the streets in 2001. Since it was summer, their melting held surprises inside; wool from sheep, pine seeds and berries, rarely seen elements in London streets4. Another artist, Rivane Neuenschwander, draws her inspiration from scenes in her homeland in Brazil where torrential rains mark its wet season and the people align to it. She has a work, Chove Chuva of 2002, where buckets with holes and containing water hang in mid-air letting the water drip into buckets below. This she uses to represent the rains. Sunlight as nature puts it literally dulls and fades color exposed to it- a situation one describes as destruction. However, sculptor Tonico Lemos Auad from Brazil did a piec e (Sunset Seven Seas) in 2007 where he exposes colored card to sunlight and lets part of it fade. The sunlight’s effect, in addition to helping him achieve his piece largely corresponds to his theme. In addition to nature’s role in helping him achieve the Sunset Seven Seas, Tonico directly collaborates with nature when he uses bananas to come up with unique pieces. He gets yellow ripe bananas and makes outlines on them using sharp pins. As the dented pores rot out resulting in black colored spots, they create illusions on the banana skins as per the outlines drawn. During live performances, the feeling of reality comes to life by use of backdrops with representations of real scenes painted or printed on them. For instance, when a play entails war, the backdrops usually have scenes like destroyed buildings, billows of smoke or military equipment. This engages the audience more; giving them the near reality of what a war scene looks and feels like. On the same, playing m usic or applying corresponding sound effects during the performance further brings the audience closer to the real events that occur there. Contemporary artists employ nature in achieving more sensational, realistic art that one can experience being within. Naturally occurring trees, water masses, and stones do not give the impression art to most people. However, some artists bring together naturally occurring elements such as vegetation and stones to create visually appealing scenarios. A good example is Robert Irwin’s maze garden in Getty Center that is a combination of stones, trees, and water that form a maze where visitors can ‘experience’ art. They can touch the elements and experience touchable art, the vegetation has color that appeals to the eye, and the flowers give off