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The rapid rise of economies in Asia over the past few...

The rapid rise of economies in Asia over the past few decades has been phenomenal. According to (Steven, Jeffrey and Jong-Wha, 1997), Asian countries such as Hong Kong, Singapore, Taiwan, Korea, China, Malaysia, Thailand and Indonesia grew at an average of over 5.5% per year in per capita terms between 1965 and 1990. The mentioned 08 Asian countries are also known as the eight high-performing Asian economies (HPAEs). With exception to some post-war European countries, such growth rates at this magnitude and duration are unprecedented in human history. During the mentioned timeline, 23 economies in East Asia grew faster than those of all other regions (Page, 1994). According to (David, 2014), over the past decade, Asia accounted for†¦show more content†¦Overview of Singapore The republic of Singapore is a small island that gained independence from the British in 1959 when the British granted the island autonomy on internal affairs. The future looked bleak for Singapore as it faced many global and internal economic challenges. In 1963, Singapore joined with Malaya, Sarawak, Brunei and North Borneo to form the Federation of Malaysia. Singapore felt that by joining Malaysia it would benefit the economy by creating more jobs, creating a free market in the process lowering trade taxes and supporting new industrial and manufacturing industries. In 1965, due to racial riots and disagreements between Singapore and the Malaysian Federation government, Singapore withdrew from the Federation of Malaysia to become an independent, sovereign and democratic republic. Some of the challenges that it faced was; A small island with no natural resources, high unemployment rates, more ports near Singapore were developed and Singapore faced stiff completion from them, there were insufficient government schools to take in all children of school-going age, poor housing conditions as there were many overcrowded and unhygienic squatters, the population had a low proficiency in English, etc. The government focused on economic growth to ensure the survival of the country. 3. 3-pronged strategy adopted by the Government According to (The Civil Service College, 2009), a 3-pronged strategy was adopted by the government to ensureShow MoreRelatedChina And The High Asian Economies3127 Words   |  13 PagesSince the 1960s, Asia has become richer quicker than any other region across the world. China and the High Performing Asian Economies (HPAE) have been the fastest growing economies ever, demonstrating phenomenal economic growth in the years between 1965 and 1990. Compared to large parts of Asia Sub-Saharan Africa and Latin America, the HPAE’s have been highly successful at achieving high growth rates. Most of this success can be attributed to the staggering growth in Japan, the four tigers includingRead MoreEssay about Rise of China and India2237 Words   |  9 Pagesbeing answered: Does the rise of china and India pose a threat to the American power Tutor name: Daniel Ringuet Since the early stages of the 1940 America has risen to power and stayed in power. To date America is considered the only true world super power. In the past the Roman Empire, Greek and Egyptian were all very dominating but even then there were challenging dynasty so they can’t be called a ‘super power’. In today’s society the world has two more economies forcing their way to theRead MoreCan Globalization Be Made For The Poor?3039 Words   |  13 PagesIt is just advancing faster now a days, faster than ever before but it has been around hundreds or some may argue thousands of years ago. It has never had any single meaning nor had it has any definition without disagreement. It has always have different meaning to different people. Globalization is such an issue which is unavoidable but hard to specify. It has its triumphs on poverty to a great extent for the last few decades. But still there are scope to work better for the poor. This essay attemptsRead Mo reA Report on â€Å"a Study on Private Equity in India and Analysis on a Study on Private Equity Investments†7035 Words   |  29 Pagesconsideration helped me in the successful completion of this project. Contents: Objective of the study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦6 Scope of the study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 Limitations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7 Past amp; Present scenario†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..11 Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..13 * 2005 to 2007†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.13 * 2007 amp; 2008†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.14 2009 Top business deals of 2009†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦15 Top ten trends of 2009†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦16Read MoreAirline Indutry - Asia Pacific Region8163 Words   |  33 Pagesincluding process reservations and bookings, customer services, corporate image, travel experience and supply chain management. 2. Airline Industry in Asia Pacific Region Faced with rising aviation fuel prices, increasing competition and airline globalization, new openings into Asian countries and additional flying routes being launched, it has been an intensive competition for Airlines. Asian airlines are campaigning aggressively to ensure passengers have the latest technology and the best availableRead MoreReady Made Garments: a Case Study on Export Performance5936 Words   |  24 Pagesplayer in the economy within a short period of time. The industry has contributed to export earnings, foreign exchange earnings, employment creation, poverty alleviation and the empowerment of women. The export-quota system and the availability of cheap labor are the two main reasons behind the success of the industry. In the 1980s, the RMG industry of Bangladesh was concentrated mainly in manufacturing and exporting woven products. Since the early 1990s, the knit section of the industry has started toRead MoreIron Steel Industry in India6375 Words   |  26 Pagescrucial to the development of any modern economy and is considered to be the backbone of human civilisation. The level of per capita consumption of steel is treated as an important index of the level of socioeconomic de velopment and living standards of the people in any country. It is a product of a large and technologically complex industry having strong forward and backward linkages in terms of material flows and income generation. All major industrial economies are characterised by the existence ofRead MoreFour Wheeler Industry in India13140 Words   |  53 Pagesunprecedented boom in demand for all types of vehicles. This boom has been triggered primarily by two factors: * Increase in disposable incomes and standards of living of middle class Indian families estimated to be as many as four million in number; and * The Indian governments liberalization measures such as relaxation of the foreign exchange and equity regulations, reduction of tariffs on imports, and banking liberalization that has fueled financing-driven purchases. Industry observers predictRead MoreConceptual Framework And Literature Review8059 Words   |  33 Pagesinfrastructural development were systematically reviewed. According to Dankani (2013) several studies have been conducted on urban growth in urban areas but most of the focus of the studies tends to be on the trend of outward growth of towns and cities rather than the nature of the built up environment that emanates from the expansion. Although research focus on urbanisation and many studies on urban growth were conducted in the past years, knowledge about the drivers of urban dynamics is stillRead MoreThe Human Resources Management of Five-Star Hotel in China12630 Words   |  51 Pages | |Chapter 6 |- |Implementation | Ch1---- Introduction of china s hotel industry. Along with the arrival of knowledge-based economy and China joining into WTO, Chinese traditional hotels organization and function, management ideas and philosophy, and services are facing comprehensive challenges, and under dramatic changes. In the new century, enhancing the development of human

Macro Economics Free Essays

1. Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash. If the central bank does not respond to this event, what will happen to the price level? Use a diagram to assist in answering this question. We will write a custom essay sample on Macro Economics or any similar topic only for you Order Now 2. Use the loanable funds model to explain what happens to interest rates and investment if a government moves from a balanced budget position to a budget surplus. 3. Suppose that the T-account for The Open Campus National Bank (OCNB) is as follows: Assets Reserves $100,000 Loans 400,000 (a) If the central bank requires to hold 5% of deposits as reserves, how much in excess reserves does ONCB now hold? (b) If ONCB decides to reduce its reserves to only the required amount, by how much would the economy’s money supply change? 4. (a) Explain the adjustment process that creates a change in the price level when the money supply increases essay writer online. (b) Explain with the aid of a diagram what happens to the money supply, money demand, the value of money, and the price level if the central bank increases the money supply. c) Explain with the aid of a diagram what happens to the money supply, money demand, the value of money, and the price level if people demand less money at every price level. 5. Liabilities Deposits $500,000 If the central bank requires banks to hold 5% of deposits as reserves, how much in excess reserves does OCNB now hold? If OCNB decides to reduce its reserves to only the required amount, by how much would the economy†™s money supply change? Explain the adjustment process that creates a change in the price level when the money supply increases. Explain with the aid of a diagram what happens to the money supply, money demand, the value of money, and the price level if the central bank increases the money supply. Explain with the aid of a diagram what happens to the money supply, money demand, the value of money, and the price level if people demand less money at every price level. Explain, using diagrams, the effect on prices and output if: (a) farmers experience excellent growing conditions for a prolonged period. (b) households decide to spend a larger share of their income. 6. Explain, using diagrams, what happens to the interest rate, consumption, investment, and aggregate demand if the central bank sells government bonds to the public. 7. Suppose commercial banks install ATMs at every supermarket and gas station and, by making cash readily available, reduce the amount of money people want to hold. (a) According to the theory of liquidity preference, what happens to the interest rate? What happens to aggregate demand? (Assume the central bank does not change the money supply. ) (b) If the central bank wants to stabilise aggregate demand, how should it respond? How to cite Macro Economics, Papers

Factors Contributing to Poor Communication †MyAssignmenthelp.com

Question: Discuss about the Factors Contributing to Poor Communication. Answer: Introduction: Ineffective refers to when members of a team or the organization in general are unable to communicate. This may be due to poor rapport, or lack of the necessary skills required for communication. In other instances, ineffective communication may be the result of language barriers (Nguyen, 2010). The issue of effective communication is very important as organizations seek to meet their objectives. Without effective communication, the organization may not be able to foster the right kind of teamwork and collaboration needed (Nguyen, 2010). According to the principles of management by Fayol, organizations can only succeed if there is unity of direction. This means that there is cohesion, and the team moves together forward. This theory can therefore be applied to better capture organizational communication importance, and in helping eradicate ineffective communication (Fayol, 1949). To resolve ineffective communication, organizations need to identify issues that affect communication, and address them through training and a way of communication that avoids ambiguity and miscommunication (Nguyen, 2010). In hospitals for instance, Taran (2011)shows that institution can minimize indirect communication between staff members, to avoid miscommunication. Research has shown that simple modifications to communication, such as the format of a communication form in a hospital, could have highly positive effects. Lack of creativity Groups may lack the necessary skills to become innovative, due to the unwillingness to risk or think outside the box. The organization may be unable to properly carry out its mandate during the process, effectively negating the whole purpose of a team (Nguyen, 2010; University of Queensland, 2017). Teams are credited with being the hub of creativity. However, this may sometimes fail when the organization or team insists too much on unity and a common direction for the team, hereby removing any incentives for coming up with transformative ideas (University of Queensland, 2017). The human relations theory is important in analyzing this issue. Where managers ask for subordination of creativity so that the task at hand is completed, they are viewing the workers as a part for the task. However, viewing holistically will give them the space needed to become creative (Miles, 1965). To resolve this issue, the organization should make it clear that all opinions are valued, that each member should contribute their ideas, and that creativity is the most important reason for teamwork. The lack of creativity is especially seen in the government, where members may lack motivation and encouragement to advance their own ideas. By being more receptive, and having a clear mission and goals, this can be rectified (Denning, 2012). In any team, conflict is always likely to happen, as the team is composed of team members who are different in character and approach to situation. However, it is how the conflicts are resolved that determines whether the team will ultimately be successful or not (University of Queensland, 2017; Nguyen, 2010). Conflict resolution calls for fairness, and compromise. Without this, the team will be unable to properly work, and will not achieve its aims (Nguyen, 2010). Again, Fayols principles of management can be used to explain this. When there are disagreements between team members, the organizations interest should take precedence (Fayol, 1949). This is usually seen in political parties, where the individual ambitions and views of the members are usually subordinated in favor of the partys overall goals. Members who are in conflict should be encouraged to respect other ideas, and be ready to compromise. Additionally, they should be ready to negotiate to resolve issues (University of Queensland, 2017). References Denning, S. (2012). How To Make Government Innovative Again. Retrieved 09 06,2017, from forbes.com: https://www.forbes.com/sites/stevedenning/2012/03/06/could-government-invent-a-130mph-driverless-car/#1a42086d320f Fayol, H. (1949). General and Industrial Management. London, England: Pitman. Miles, R. E. (1965). Human relations or human resources? Harvard Business Review, 43(4), 148157. Nguyen, S. (2010). 8 common problems that teams encounter. Retrieved 05 06, 2017, from workplacepsychology.net: https://workplacepsychology.net/2010/12/17/eight-common-problems-teams-encounter/ Taran, S. (2011). An Examination of the Factors Contributing to Poor Communication Outside the Physician-Patient Sphere. McGill Journal of Medicine?: MJM, 13(1), 86. University of Queensland. (2017). Problems associated with group work. Retrieved 05 06, 2017, from https://www.uq.edu.au/student-services/learning/problems-associated-group-work

Changing World Lasting Values Essay Essay Example

Changing World Lasting Values Essay Essay You hear many narratives presents — that the universe is absurd. that everything has changed. that old moral values have died. This is all non-sense. for if you look for world beneath the jumble of words which hide it. you will rediscover the ageless adult male. True values were non invented for the pleasance of doddering moralists. They exist because without them. neither society nor felicity could last. Here. so. are a few regulations every bit old as civilisation itself which remain true despite the progresss of scientific discipline and engineering. The first is that adult male must populate for something other than himself. The adult male who meditates endlessly about himself finds a 1000 grounds to be unhappy. He has notaccomplished everything he wanted to or should hold done ; he has non gotten everything he thought he deserved ; he has non been loved as he dreamed of being loved- But if he lives for ideals outside of himself — for his religion or his state. for his friends. his married woman and household. he miraculously forgets all his junior-grade concerns. In seeking to do others happy. he besides makes himself happy. The regular interior universe is the regular outer universe. â€Å" We will write a custom essay sample on Changing World Lasting Values Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Changing World Lasting Values Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Changing World Lasting Values Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The 2nd regulation is that adult male must move. â€Å"The joy of the psyche is inactivity. † Alternatively of keening the absurdness of the universe. allow us seek to transform our ain small corner. It is non impossible. We can non alter the whole existence. but who hopes to make that? Our aim is much more simple: to make our occupation and make it good. to go a maestro at it. Each one works in his ain field. I write books. the carpenter assembles my bookshelves. the policeman directs traffic. the applied scientist. concepts. the curate governs. All of them. maintain busy at work which they know how to make good. are happy. This is so true that when people have leisure clip. they keep busy with seemingly useless activities such as games and athleticss. As for utile action. we know from experience that it is effectual: an active city manager makes a metropolis comfortable ; an active priest brings verve to a parish. â€Å"Happy are those in whose eyes work forces look for order. † The 3rd regulation is that one must believe in the power of the will. It is non true that the hereafter is predetermined- A great adult male can alter the class of history. Any adult male who has the bravery and the will can alter his ain hereafter. Naturally. none of us is all- powerful. Each man’s freedom has its bounds. Freedom lies between the boundary line of the possible and the will. It is beyond my power to forestall war. but I can execute an act which. multiplied by 1000000s. will be effectual. It is non possible for me to win a conflict. but it is up to me to be a brave soldier. Since this restriction of the will is dependent on what one dares. one must non worry about his restriction ; but do the best he can. Finally. the 4th. and most cherished of all values. is faithfulness. Fidelity to promises. contracts. to others. and to oneself. One must be among those who can be counted upon. Faithfulness is non an easy virtuousness. Thousand of enticements are thrown across our waies. â€Å"Faithfulness in matrimony. † said Bernard Shaw. is no more natural to adult male than the coop to the tiger. † Undoubtedly. fidelity is â€Å"natural. † It is born of a voluntary determination. invariably renewed. which helps us to lift above our natures. But it gives us the enduring joy of being at peace with ourselves. I may predate an immediate pleasance to guarantee myself the great joy in the hereafter of looking at my yesteryear without shame. but with pride. Every society in which citizens live for naught but fugitive pleasances. where work forces no longer swear each other. and whose members let themselves travel is doomed. When Rome let travel and ceased to put shop by the values which made her great. she perished. When France clung to eternal values she was saved. Modern engineering may alter one’s manners of action. but they change neither its values. the grounds for it. nor the responsibility of fidelity. Thus it was in the beginning and so it will ever be.

A 5-Step Guide to Revising Your Writing

A 5-Step Guide to Revising Your Writing When writing a paper, getting your thoughts collected, organized and onto paper is the first major hurdle. This alone is enough to send some students into a panic as they feel the pressure is on to churn out a final draft on their first try. The truth is that the first draft of your paper should be little more than an extended stream of consciousness on which you can build, tweak and finally produce your masterpiece. Revising your paper doesnt have to be difficult, though. Heres well give you a 5 step road map to revising that rough draft into the literary masterpiece you know it can be. Step 1: Just Write! The first step is to just get your thoughts down onto paper. Many times, this is one of the hardest steps since staring at a blank page can be intimidating for even the most seasoned writers. To get the ball rolling, begin by setting up a loose outline of what you want to write. Even if your rough draft outline begins with just vague ideas, questions to yourself and off topic tangents, it doesnt matter. This is simply meant to give you a framework on which to build. Bulk out your outline with quotes, statistics and other facts to act as touchstones throughout the paper. As you copy and paste facts, figures or relevant quotes, be sure youre keeping all sources in a separate document. For now, dont worry about formatting, spelling, grammar or even lucidity. See also How to write an introduction to an essay and How to begin and end your essay. Step 2: Begin Tying it Together Now that you have a basic framework, you can start tying everything together. This draft should be more cohesive and you can consider it your Working Draft. You may still go off on unrelated tangents and theres still no need to worry about spelling or grammar. You should, however, focus on tying arguments into your main point. You can help this process by identifying your papers main point establishing the point of the paper (to inform, argue, defend, etc) write your thesis statement (highlight this or put it in bold so you can find it easily as you continue to write) make sure each paragraph has a topic sentence and evidence or support directly connected to it get rid of off topic sections (if you think they could come in useful later, save them to a different file) This will help you bring the paper together and, by now, it should start reading more fluently. Read through it a second time and continue to cut the fat until it reads well and doesnt have a lot of superfluous information that could distract readers. Step 3: Read it Like a Reader The best way to check this step off the list is to sleep on it. Once you have a working draft, save everything and then dont look at it again for at least a day. Then, sit down and read it with your reader in mind. Consider the arguments they may come up with against your point or how they may interpret some of your conclusions. Look for any spots of fuzzy logic and begin to highlight and fix any problems in structure, grammar, spelling or in the way the paper flows. If you find sections jumping around too much, use transition paragraphs to help make it easier to follow. Move around paragraphs or entire sections if thats what it takes to make the paper easier to follow for readers. Step 4: Read it Out Loud Reading through your paper out loud engages your hearing which can help you identify misplaced punctuation and also helps to engage other parts of your brain which can boost creativity. Read from a hard copy so that you can easily make notes as you go through the paper. You can also record your reading so that you can just make verbal notes which may help since you wont have to stop and write things down. You can also highlight clunky areas on your hard copy to come back and rework later. Step 5: Get Critical Now is the time to read through your paper with a truly critical eye. Once youve added your notes from your final reading and tightened up the paper, its time to read it like you want to find something wrong. Get as critical as you can and highlight any areas that dont read well or which seem confusing. You should have some idea of what your instructor wants as well as what they are likely to focus on. Does this professor love shooting holes in a students argument? Look for any tiny loophole and address it in the relevant section. Or maybe its a professor who looks for errors in formatting, bibliography or footnotes. Tweak the paper with the reader in mind in order to deliver a perfectly tailored paper.

Music and Color which ones positively affect men and women, which ones Essay

Music and Color which ones positively affect men and women, which ones negatively affect them - Essay Example However, there are currently no books on this topic, and educators and parents are often forced to rely on news reports and websites that sometimes present the information in a biased and sketchy fashion. As a result, there is a great deal of confusion about the benefits of music listening and instruction. Music has been touted to cure backache, asthma, obesity, writer’s block, alcoholism, schizophrenia, prejudice, heart disease, drug addiction, headaches, and AIDS. Claims have been made that music makes bread rise better and improves the taste of beer. In Florida it’s now the law that all childcare facilities receiving state aid include at least half an hour of music exposure every day. The governors of both Tennessee and Georgia give newborns in their states classical music CDs. An Indiana obstetrician even markets a device that administers music in-utero. Clearly, most of these claims are unsubstantiated, despite the (usually) good intentions of their supporters. Unf ortunately, the exaggerated claims that have often accompanied the research have caused some academicians to be skeptical of any research suggesting the benefits of music. Although music is important in its own right, a book that systematically reviews what is known about the power of music to influence non-musical domains is necessary for scientists and laypeople alike’.(Sabattical , 2 ) ‘Color conveys meanings in two primary ways - natural associations and psychological symbolism. No, it’s not mind control. The truth of the matter is that people are comfortable when colors remind them of similar things. For example, a soft shade of blue triggers associations with the sky and a psychological sense of calm. Successful design requires an awareness of how and why colors communicate meaning. The source of these meanings can be quite conspicuous, such as those found in nature — red is the color of blazing fire

Compare and contrast Research Paper Example | Topics and Well Written Essays - 500 words - 1

Compare and contrast - Research Paper Example To begin with, the integrative negotiation strategy is stipulated as expanding the agenda negotiation strategy. As the name suggests, it aims to expand the boundaries of the negotiation by bringing in new ideas and issues to the negotiation situation that did not previously exist. Through this strategy, the parties are able to trade issues that are less important to them while retaining the more relevant issues to them and hence achieve the outcome they needed in the negotiation (Hatfield, Agoglia & Sanchez, 2008). Problem solving approach is the second form of an integrative negotiation strategy. This is a learning approach that is mainly aimed at identifying the interests of the involved parties and gathering information aimed at coming up with new solutions to the involved parties in the negotiation situation. It is mainly applied in an auditing negotiation situation whereby the auditor uses additional information to safeguard his desired outcome while still giving the client an avenue to feel that his objective was also achieved (Hatfield, Agoglia & Sanchez, 2008). Integrative negotiation strategy can be applied in the work setting whereby both parties will lose heftily if an agreement is not reached and where one party does not have undue influence over the other. An example is in negotiation situation involving a manufacturer and a sole supplier of its raw commodities. The two parties need each other and hence problem solving or expanding the agenda using data collection will have to be employed to come up with a decision that favors both parties (Hatfield, Agoglia, & Sanchez, 2008). In contrast, a distributive negotiation strategy is achieved using the interplay of three principles; conceding, compromising or contending. When contending is applied in a negotiation situation, it is mainly aimed at making the other party comply or resisting

Security Essay Example | Topics and Well Written Essays - 1000 words

Security - Essay Example This is majorly done through passwords without strong authentication. Some of the major security concerns related to passwords include phising, reuse and the use of easy to guess passwords. Malware infection is also a major challenge to the use of passwords realized in many situations. In light of these challenges, authentication is therefore very critical and this can be achieved through two-step verification. Google has introduced a verification feature called 2sv. In using the verification, one logs into the Google account and after the normal username and password process they are required to submit a six digit verification which might be sent to them through a phone text message. This feature also allows for revocation of the trusted computers. The major strength of the paper lies in the fact that it vividly provides much lucid information on the kind of security threats realized on Google and how users should identify them. In the same way, it presents a solution to this challe nge while providing its benefits effectively. However, the paper does not provide clarity on the aspect of Service Accounts and Delegation. In addition, the paper is weak on the aspect of Service –Side technology especially in relation to certificate transparency. 2) The credit card fraud seen in the notice is a typical example of a cybercrime. Conventionally, cybercrime takes many forms and many of these criminals seek ways and means of illegally obtaining money online. Considering that credit cards are normally used online in making payments, they are certainly vulnerable to cyber criminals. As seen in the case, many of the criminals usually create a series of false identities through which they create several credit cards. Such credit cards are the pumped up with money from credit bureaus. Others create sham companies which are then used to provide the credit bureaus with false information on the credit worthiness of the credit card owners who are actually false identities . The fraudsters also use a tradelines which are black market businesses used in committing fraud. It is therefore realized that the credit card fraud seen in the notice is indeed an aspect of cybercrime. On the other hand, the nature of the frauds as realized in the case might raise several questions on the aspect of general security and not just cyber security. It is seen that it was not only the virtual world that mattered in the commission of the crime but even real organizations which were not much protected from such scams. The case can therefore be viewed as a typical case of bank fraud as opposed to cybercrime. More importantly, the case can be viewed on the perspective of credit card security and can therefore be addressed by increased security from the credit card providers. 3) The Identity Ecosystem as postulated in the report is a kind of online environment where organizations and individuals will work together on trust and follow a set of agreed-upon standards. Each of these parties will be able to authenticate and identify their digital identities. This Ecosystem is basically intended to offer stronger identification while protecting the identity of the parties within. Indeed, it is important to note that such an environment might be a challenge to realize in the actual sense. Considering that it basically relies on trust between the organizations and the individuals, it is almost difficult for every party to follow the

Sources Of Finance And Impact On Financial Statements Finance Essay

Sources Of Finance And Impact On Financial Statements Finance Essay This brief report highlights the financial performance of the Trevors PLC using ration analysis and decisions on new projects that the company is going to be invested. Firstly it will focus on the financial statements of a company and the formats of financial statements. Secondly ration analysis performs on the basis of the information given about Trevors Plc. This explains under the main headings of Profitability, asset efficiency, liquidity, working capital management, solvency and Investors ratios. In addition to that it discusses the insufficient information to raise accurate comments on ratio analysis. Thirdly the emphasis will be given to the results obtained from net present value and Payback period calculations. Fourthly it identifies sources of finance. It involves details analysis of each financing methods and tax, ownership and controlling implication of each source. Finally the attention will be given towards the importance of financial planning and information need of the decision makers. Recommendation and conclusion of this report included in the latter part of this report. Financial statements Financial statements form a basis for understanding the financial performance, position and liquidity of a firm. As per the IAS Financial statement refers to, Balance sheet Income statement Statement of changes in equity Cash flow statement Accounting policies and notes An annual report includes following in general, Financial statements Auditors report 05 year summary of key financial data Stock prices(High or low) Management discussion and analysis Financial statements give good direction to achieve the objectives of a user. Fr example a lender to a firm in deciding whether or not to lend may refer to the cash flow statement. Financial health of a firm could be better understood by means of cash flow statement. Therefore this information collection can be viewed as a map, which provides a good direction. Often financial statements contain a large amount of information. Further the accounting policies, reporting environment, accounting practices are complex and constancy changing. The man can hide or omit key information, create the picture they require. Though the accounting standard limits variability, still financial reporting in different firms and industries has considerable deviations. The balance sheet is the snap shot of the firm. It is a convenient means of organizing and summarizing what a firm owns and what firm owes and the difference between the two at a given time (Equity). The structure of assets for a firm reflects line of business that the firm is in and also marginal decisions about how much cash and inventory to have and about credit policy, fixed assets acquisition and so on. Income statement measures a performance over some period of time, usually a quarter, or year. If you think balance sheet as a snap shot, then you can think of the income statement as a video recording covering the period between a before and an after picture. Information about the cash flows of an enterprise is useful in providing users of financial statements with a basis to assess the ability of the enterprise to generate cash and cash equivalents and the needs of the enterprise to utilize those cash flows. The economic decisions that are taken by users require an evaluation of the ability of an enterprise to generate cash and cash equivalents and the timing and certainty of their generation. A cash flow statement, when used in conjunction with the rest of the financial statements, provides information that enables users to evaluate the changes in net assets of an enterprise, its financial structure (including its liquidity and solvency) and its ability to affect the amounts and timing of cash flows in order to adapt to changing circumstances and opportunities. Cash flow information is useful in assessing the ability of the enterprise to generate cash and cash equivalents and enables users to develop models to assess and compare the present value of the future cash flows of different enterprises. It also enhances the comparability of the reporting of operating performance by different enterprises because it eliminates the effects of using different accounting treatments for the same transactions and events. As discussed in above lenders can evaluates the secure of their lending using g the information reflects on the cash flow statement. On the basis of that, if a companys cash flow statement reflects the well management of their cash and cash equitant that company is in position to raise fund easily from external sources. Various tools can be used in financial analysis. The derivative financial statements, (Cash flow statement, fond flow statement) Common size financial statement (Common size balance sheet and common size income statement), trend statement and Financial ratio analysis are the most commonly used tolls in financial analysis. These can be used as techniques of analyzing financial information for a more meaningful understanding of the financial position and performance of a firm. Formats of financial statements There are three basic forms of business organizations. Sole proprietorship, Partnership and limited liability companies. Sole proprietorship is a business form for which there is one owner, in a partnership two or more individuals act as owners and a limited liability company is a separate legal entity from its owners. When shares of a public limited company are listed, the company is known as quoted company, whose financial statements publication is compulsory. Therefore the annual reports of quoted companies are a major source of financial information. However most of the time, the financial information of sole proprietorships, partnerships and private limited liability companies are not readily publically available as there are no volunteers in financial statements publication. Tryor Plc presented their financial statements in accordance with the IASS since it get affects from legal requirements such as listing rules governed in the stock exchange. The main reason is the Tryor Plcs shared are listed on the stack exchange. Ratio Analysis Financial performance of the company can explain using a variety of measures. In particular, in this report, principally discuss the Trevors results by using ratio analysis. Ratio analysis can be regarded as a technique used in the financial statement analysis. It gives an insight in to the performance of an enterprise. Ratios could primarily be divided in to following areas: Profitability Asset Efficiency Liquidity Working Capital Management Gearing/ Leverage Investors Ratio Profitability This ratio reveals the efficiency of a business in terms of profitability and Assets utilization. Gross profit ratio of the company is recorded as 28.95%. This ratio is said to be favorable but in order to make accurate comment this has to be compared with the last year figures or industry averages. Net profit ratio of Trevors is 6.37%. Net profit ratio is also said to be favorable to the company since company earning profits from their operations. Trevor Plc was able to achieve significant turnover for the period. In addition to that management of the company was able to manage their cost of operations efficiently. However accurate comment on both rations will depend on the results of the last years and industry averages. (Refer Appendix 01 Profitability ratios) Asset Efficiency It assesses the efficiency of the company in terms of assets utilization. It is concerned on the areas of utilization of fixed assets and working capital. The detail analysis these ratios will reveal whether there are any idle assets or underutilized assets. Assets turnover is recorded at 0.73 (Refer Appendix 01 Asset efficiency ratio). This ratio indicates the  £1 of assets generates  £ 2.38 sales to the company. Therefore available information for the company is not sufficient since it has to be compared with industry averages or past years results. Liquidity This ratio assesses the liquidity position of the company. Liquidity is the amount of cash a company can put its hand to settle its debt and possibility to meet other unforeseen demands for cash payments too. A company can obtain liquid assets other the sales such as issue of shares for cash new loan or the sale of long term assets. But a company cannot rely on these at all times, and in general obtaining liquid funds depends on making sales and profits. Companys Current ratio is 2.16. Further Quick assets ratio is recorded as 1.50. (Refer Appendix 01). In theoretical view these two ratios are expected to be within a given range of 2:1 and 1:1 respectively. Trevors current ratio and quick assets ratio are lie within that given range. As a result of that companys liquidity position is held at good position. Therefore management of the company has to adopt on current strategies to continue this position in future also. However these ratios also compared with last year results or industry averages to raise an accurate comment on liquidity position of the company. Working Capital Management This assesses the efficiency of the working capital management of the company. Finished goods turnover ratio is recorded as 12 times. (Refer Appendix 01) Further this led to finished goods residence period to 30 days. In addition to that Creditors turnover ratio of the Trevors PLC is recorded as 8 times. Further company creditors period from suppliers is 45 days. Factors such as stock policies, policies on credit period allowed to debtors and those obtained from suppliers helps to determine the working capital management of the company. Comment on those rations cannot be raised due to unavailability of information. However Company would concentrate on increasing the rapidity of cash cycle, because each cycle can enhance the profitability of the company. Solvency Gearing ratios are concerned with a companys long term stability. How much the company owes in relation its size, whether its getting in to heavier debt or improving situation, and weather its debt burden seems heavy or light. Debt to equity ratio recorded as 3.94. It means  £ 01 of equity carries  £ 3.94 of debt. (Refer Appendix 01 gearing ratio) By just seeing the ratio its fair to say that Trevors uses significant amount of debt and can be identified as a geared company. Debt generally carries a fixed rate of interest; hence there is a given amount to be paid out from profits to holders of debt before arriving at residue available for distribution to the holders of the equity. The highly gearing situation creates greater risk to the equity holders. This means that there will be a grater volatility of amounts available for ordinary shareholders and presumably therefore greater volatility in dividends paid to share holders. Dividend payment in year 2009 is  £ 50,000. Investors ratio These ratios are considered to be external ratios and are used in evaluating the stability and investment potential of a company. Basic Earnings per share of the Trevor Plc was  £2.03 in 2009, reflecting the profitability in 2009. (Refer Appendix 01 Investors ratio). Trevors Plc can be considered as a well performing company in the industry since company maintains favorable investors ratios attracting potential investors. However this comment will not be accurate due to unavailability of comparison information about the past results of the company or the industry averages. Net Present Value (NPV) and Discounted Pay Back Period NPV =  £ 484,750.89 (Refer Appendix 02) Discounted Pay Back Period = 02 years and Nine Months (Refer Appendix 02) This project gives positive NPV of  £ 484,750.89. Further this project enables to recover its initial investment with in the period of 02 years Nine months. In order to make a decision based on the discounted payback period it has to be compared with target payback period. However project recovers its cost during its life time. Meanwhile positive NPV value gives a favorable indication that project is worthwhile. Therefore according the calculation its profitable to accept the project. Sources of Financing Term Loans Higher Purchases Debentures Venture Capital Leases Offer for sales Right Issue Tax Impact, Control and Ownership of Sources of finance Term Loans, Higher purchases, Debentures, Leases and venture capital can be identified as the debt financing methods. In the case of term loans, higher purchases, debentures and leases, existing ownership of the company may not be diluted. Voting rights to Control the company lies with the equity holders even though the company raise finance through above mentioned sources. Interest payments on debentures and term loans are tax deductible and debt holders do not have any controlling power in the company. However in the case of venture capital there is a risk associates with controlling power of the company, since controlling and planning of the business will be held in the newly acquired management. Rising of equity financing is much easier for a public company whose shares are traded on a stock exchange then its for a private company. Offer for sales and right issue can be identified as sources of Equity financing. Right issues are cheaper than offer for sales to the general public since it does not require the prospectus and less cost of underwriting. Right issues are more beneficial to existing shares holders than new shareholders. New shares are issued at discount to the current market price to the existing shareholders. In the case of right issues controlling power and ownership of the existing shareholders may not be diluted. However offer sales will lead to dilute the controlling power of the existing share holders. Dividend payments to existing shareholders and new shareholders are not tax deductible. Term Loans Long term loans are available from lending institutions and the commercial banks. It can be obtained to cover specific projects for restructuring as well as for equipment financing. Term loans are granted mainly on the strengths of cash generation of the project. This type of term loan facilitates grace period and easy repayment schedule at the early stage of projects operations. High purchases This is defined as procedure of purchasing goods under which the purchaser pays a deposit on the receipt of the goods followed by a number of installments until the debt is cleared. The goods do not become the property of the purchaser until the last installment has been paid. Debentures Debenture is direct from of borrowing by a company from the investors. In this case the interest rate and maturity period are fixed. The company is not required to pay the value of the debt before maturity although in some instances companies may prefer to redeem them before maturity by buying them back in the market. Venture Capital It refers to participation by way of equality or co- financing through long term convertible debt in business. Venture capital means risk capital. This type of capital is sought to assisting product development, market research and acquisition of plant and equipment. Risk associates with this are venture capital involves control of management and planning of the business. Leases Its a form of lending which enables a firm to use an asset without owing it. The owner of the assets grants another party the right to use the asset usually for a specific period in return of a series of specific rental payments. The risk is that lessee is not the owner of the asset for which he cannot claim capital allowances. Offer for sale Offer for sales is method of issuing shares to the public, which have already been bought by an investor as a block. Therefore its not considered as a primary issue but a secondary sale. A financial institution buys blocks of shares usually when the companies are formed and offer to the public at a later date. Right Issue Is a new issue of shares but subscription is limited to existing shareholders. Companies in need of additional capital usually go right issue unless the funds requirement is very large. The issue price will be determined usually at a level lower than the market price. Cost of sources of finance and impact on financial statements (FS) Capital structure decision is very significant since the question arises where her there is an optimal mix of capital and debt which a c company should try to achieve. If company is looking for obtaining debt Capital Company should earn enough profits to cover its interest charges before anything is available for equity. On the other hand if borrowed funds are invested in projects which provides return in excess of cost of debt capital, then the shareholders will enjoy the increased return on their equity. General cost of debt of each source as discussed in above is greater than the cost of equity financing. However tax savings can be enjoyed by the company in the cash of interest payments on debt financing. In the case of issuing shares to the public company has to incur considerable amount of expenses which are not tax deductible. As far as companies are concerned debt capital is potentially attractive sources of finance because interest charges reduce the profits chargeable only t o corporate tax. Shares can be issued to the public for the company whose shares are traded on the stock exchanges. In such case financial statements has to be complied with the IASs, listing rules and other regulations governing under the various institutions. Further format of financial statements for those companies are predetermined. But any company can obtain debt financing. In such case if the company is a quoted company, it has to be disclosed the financing sources and their cost and interest payments made during the period. Best method of raising funds Initial investment of  £ 1 m for the new project can e obtained from the term loan as a source of debt finance. Term loan has been selected to finance this project since this type of a loan can be easily obtained by Trevor PLC. Its quoted public company and this loan is obtained as the project oriented loan. Companys controlling power and the ownership of the existing shareholders will not be diluted. This is a main advantage to the company. In addition to that company does not have to incur any issue cost on issuing shares or debentures to the public. Company should have to incur only the interest payment on the borrowed amount of  £ 1m. Further interest payment on such loans is tax deductible and company can enjoy some tax savings. Debt holders do not have any controlling power on the entity. Anyhow company liable to pay interest whether company earn profit or incur loss. But this method is very suitable since this project generates a positioned net present value. In addition to the above this type of a loan repayment is geared to the specific needs of the project and may include a grace period before repayments commence and easier repayment schedule at the early stages of projects operations. Depending on the nature of the cash flow patterns firms are sometime allowed to capitalize the interest during the start up period. Financial Planning Finance for a business is provided either by owners or creditors. Finance is categorized by their maturity periods as short term and long term. Short term funds have maturity of on e year or less while long term funds have maturity of more than on e year. Therefore financial planning is very important for a finance manger since he has to match cash inflows from assets with the assets sources of financing. As such medium and long tem fiancà © investment in an enterprise should be financed from a medium and long term source. Investment in fixed assets such as land and buildings, plant and equipment generates benefits during their effective economic life. Therefore fund s locked in these assets will be repaid over a longer period. Thus long term assets should not be financed through short term sources. Therefore financial planning is significant without which company may incur heavy losses or possibility to go for bankruptcy. Information Needs of decision makers Piece of Information about any company is very essential to the stake holders who are interested in that company. Different stakeholders see the organizations from different angels. As such existing shares holders likes very much about the sales, gross profits, expenses incurred and profits earned during the period and any dividend payments. Potential investors are interested about the current earnings per share and new investments that the company is going to be implemented. Employees keen about the bonus payments, incentives, series and wages and potential survival of the company to ensure their job security. Government regulators are looking for information about profits and business operation to collect tax payments and other duties imposing on the nature of the business. As such different king of information about the company serves the stakeholders to make decisions which maximize their value. Unit Cost and Profit Margin As per the calculation (Refer Appendix 03) unit cost of a toy is recorded as  £ 19.68. Whereas profit margin of a toy (Refer appendix 03) is equal to the  £ 0.7179 in accordance with calculation. Recommendation Conclusion It is recommended Trevors Plc to undertake the new project of manufacturing and selling brand new toys since it generates positive net present value. Its fair to say the Trevors Plc perform their operations well. However accurate comments on ratio analysis cannot be raised since unavailability of comparison information about the past results of the Trevors PLC and industry averages.

A Feminist Look at The Descent of Odin :: Descent of Odin Essays

A Feminist Look at The Descent of Odin  Ã‚     It is obvious that there are many differences between men and women.   Throughout history women have been taught to dress, act, and speak differently than men.   These differences are so common that they can sometimes be overlooked in everyday life and in reading.   By taking a closer look at poems and stories one can begin to see how frequently gender differences occur.   Thomas Gray’s â€Å"The Decent of Odin,† read from a Feminist point of view can reveal many examples of these differences through the use of dialogue.      Ã‚  Ã‚  Ã‚  Ã‚   The Marxist Feminist view looks at the relationship between class and gender (HCAL 202).   This poem was written in 1761, a time when women were considered second to men.   Men spoke down to women and controlled them, especially women of a lower class.   In this poem Odin is the chief of the Norse gods and the Prophetess is but a lowly god of the underworld (Grey 61).   This gives Odin control over her. The poem shows a good example of this control that men Odin has.   When he is asking to find out who killed his son he commands the Prophetess to, â€Å"Once again my call obey† (51).   Three times he orders the Prophetess to obey.   This continual order to obey is also a clue to the reader that Odin is of a higher class than the Prophetess.   He not only commands the Prophetess, but also insults her.   After she discovers who Odin is, he lashes back at her by saying, â€Å"No boding maid of skill divine art thou, nor prophetess of good; but mother of the giant brood!† (84-86) At the time that this poem was written chivalry was very important.   Although a woman was not considered equal to a man, she was treated with some respect if she was of an upper class.   The Prophetess, however, was of a class of gods below Odin and, therefore, she was spoken to like a servant.      Ã‚  Ã‚   Gender differences are further woven into the tone of each of the characters. Odin speaks forcefully as men do more often than women.   He is also more direct in what he is saying, where as the Prophetess takes four lines to ask who wakes her from her sleep.   Odin interrupts the Prophetess at one point in the poem, which is an action associated with men more than it is with women.

Poetry Criticism Essay

?Write a critical appreciation of the poem INCENDIARY by Vernon Scannell. You should comment on theme, diction, tone and structure. An incendiary is a bomb which sets things on fire, which gets across the idea that the boy was like a dangerous weapon, ready to explode at any time. This poem is about a boy who sets a farm on fire in hope that he receives the attention he has been longing for. In the first line, the poet describes the boy to have a face â€Å"like pallid cheese†. This simile is depicts the boy to look quite sick and weak. We immediately feel pity and realize that the boy is uncared for. The poet also describes the boy to have â€Å"burnt-out little eyes† implying that, with reference to fire, his eyes have died out showing that he has lost hope. The fire was huge, boiling and all-consuming, as implied in this quote: â€Å"As brazen fierce and huge, as red and gold and zany yellow. † This suggests that the fire was a multitude of colours- â€Å"red, gold and zany yellow†. It was also bold, savage and extremely big- â€Å"Brazen, fierce and huge†. The word zany also suggests it being, uncontrollable or wild. The poet shows the extent of damage caused by the fire through the quote â€Å"spoiled three thousand guineas† worth of crops. The fact that he uses â€Å"guineas† could imply that the poem was set some time ago. Scannell portrays the scene as frightening and very damaging: â€Å"Is frightening- as a fact and a metaphor†. He describes the flames as â€Å"flame-fanged tigers†. This is a metaphor in which the flames are compared to tigers; wild animals which are perceived as viscous and ferocious. These large flames are said to be â€Å"roaring hungrily†. The use of the word â€Å"hungrily† implies that the flames are consuming while the use of the word â€Å"roaring† is an onomatopoeia showing that the fire was loud. The reader no longer feels a sense of pity towards the boy because he has caused so much irreversible damage. The feeling of hostility is heightened through this quote: â€Å"And frightening too that one small boy should set the sky on fire and choke the stars†. This use of personification portrays the image of the large amount of smoke rising so high that it blocks out the stars. This could possibly be another indication of lost hope as the light of the stars is no longer visible. The poet once again tries to make us feel pity for the boy: â€Å"Such skinny limbs and such a little heart which would have been content with one small kiss had there been anyone to offer this†. This quote once again introduces the theme of neglect. His â€Å"skinny limbs† show that he is malnourished. The boy is longing for â€Å"one warm kiss† which gives the reader an idea of his motives. He is probably seeking attention, in an effort to be loved. The poem doesn’t have a particular rhyme scheme however rhyming couplets appear three times throughout the poem, one of them appearing at the end. Like this, the poet emphasises specific lines in which he may want to be particularly powerful. When a poem ends in this way after not having much rhyme throughout, it can make it more emotionally moving. Due to the lack of punctuation and the effect of the rhyming couplets that appear, the tone is quite fast which possibly indicates the short amount of time in which the farm caught fire. It may also create a lively atmosphere to bring the energy of the fire to life. In this poem, Scannell uses an exaggerated but possible example of what a child may do when he or she is uncared for. Through this he tries to show us the consequences and dangers of neglecting children and the desperate measures they may turn to.

Overrated Pity essays

Overrated Pity essays Tea and Sympathy by Robert Anderson is based upon several factors of todays society and the truth about human interactions. It shows the lack of acceptance in the United States today and how it affects public society. In this play by Anderson, a young teachers wife finds a way to communicate with a boy who is an outcast while attempting to make a difference in a world where many are ridiculed in a plea for tolerance. Tea and Sympathy portrays the logic and emergence of a new age where difference is morally wrong and improper. An innocent boy goes swimming with an instructor-an instructor whom he likes because this instructor is one of the few who will encourage him, who dont ride him. -And because hes an off-horse, you and the rest of them are only too glad to put two and two together and get a false answer-anything which will let you go on and basically persecute a boy whom you basically dont like. (Pg 42) This line is spoken of rage and is overcoming obstacles that one woman can no longer bear. Laura finally tells her controlling, arrogant husband that his bias ways are finally out of control and his favoritism has to end. The idea in general of not getting anywhere in humanity because of facial features, sexuality and origin of sex even, has gotten out of hand. The fact that a young adolescent who does not have the urge to become involved in athletics makes him a homosexual is preposterous. The problem with the United States has everything to do with judgmental hypocrites and physical beauty. Just because members of elite, high-class society do not care to look twice at underprivileged middle-class civilization, everybody has to undergo. If an individual does not look like a celebrity icon, they are not precious enough to be in the cream of the crop authority. Unreasonable laws are brought ajar, and disadvantages are given to the weaker powers. They are lo ...

Good Will Hunting essays

Good Will Hunting essays We could not be where we are today if great minds like Albert Einstein and Isaac Newton didn't exist. These individuals helped create who and what we are today. Without their help our world would be a far more primitive one. These incredible people are said to have a gift, which few could only dream of. But what if these individuals decided in not using this gift. Then where would we be today? In the film "Good Will Hunting" Will Hunting is blessed with having this gift, but isn't convinced if he should use it. Will kept his gift to himself. He wasn't what society sees as a typical mathematical intellect, being well dressed, law biding, unathletic, and antisocial. Instead he played sports, fought a lot, used foul language, and drank excessively. He acted this way because it was the way he grew up and he didn't want to be treated differently because of his gift. When a Hartford professor sees Will's capabilities he can only think of the possibilities a great mind like Will's could create. Will, on the other hand would rather work a labor-oriented job for the rest of his life. He believes his job as, a janitor or demolition laborer, are just as noble as any other. The truth is Will isn't psychologically stable and therefore he doesn't know what he really wants. His whole life he lived in different foster homes and was abused excessively by different people. This abuse leads him to live a life where he pushes people away because he's scared of getting hurt. When Skylar, his girlfriend, asks him to move with her to California he automatically acts in his defense mode of pushing her away. He convinces himself that if they did go away together she would eventually leave him for a more economically stable guy that her mother would approve of. His psychologist (Robin Williams) realizes the psychological problem Will faces and understands that this problem must be dealt with before Will can decide what he really want...

YMCA Essay Example | Topics and Well Written Essays - 1000 words

YMCA - Essay Example YMCA Canada strong position profile is that YMCAs must demonstrate impact on individuals’ spirits, minds, and bodies while ensuring strong kids, families and communities. YMCAs must be valued contributor to communities and influence community relative to its strategic priorities. The YMCAs must has programs that enable members attain their personal goals and assist people to participate in the YMCA and demonstrate growth in participation over time. The YMCA has a culture of member involvement and has identified the audiences and has communication plans to address each audience. It was founded in 1856 with the mission of providing personal growth opportunities in spirit, mind and bodies to people of all backgrounds, beliefs and abilities. The principles of the YMCA are caring, honesty, respect and responsibility. The association served about 28,000 children annually through childcare and camping at 16 childcare locations, 2 residential camps, summer day camps and after school programs (MacDonald, 2013, p 72). It provided 13,025 heath, fitness and recreation (HFR) memberships for adults and children in 5 branches. It made 2,994 assisted HFR memberships and 1,100 assisted camperships and also assisted 310 children in child care. In 2004, childcare contributed 38 percent of revenues, HFR contributed 27 percent and camping services contributed 16 percent. 90 percent of revenues was contributed by participation fees and programs. Programs contracts contributed 7 percent, ancillary 4 percent, United Way 1 percent, and annual donations 2 percent. There are plans f or all senior managers to sign performance contracts on program quality and financial performance. Partnerships have been a critical strategy for long-term success in the attainment of participation of 102,000 individuals by 2010 (MacDonald, 2013, p 79). The service is offered in five

Contract Law Assignment Example | Topics and Well Written Essays - 3250 words

Contract Law - Assignment Example There parties entering the contract must mutually understand what the contract purports to cover. This phenomenon is called ‘meeting of the minds.’ There must be offer and acceptance in a legally binding contract. The contract constitutes an offer to one party and the consequent acceptance by the other party. The element of offer and acceptance thus involves the expression of willingness of both parties to complete the contract. The parties entering the contract must belong to the age of the majority. However, some contracts may involve the minors such as the contract of will. There must be a possibility of performance in a legally binding contract. The contract must be physically or legally performable. The contract must portray the intention to create legal relations. A general principle, the social promises are presumed not to be legally binding (Turner & Martin 2004). There must be legal consideration in a contract. The legal consideration constitutes the value of the exchange depending on the nature of the objects present in a contract. There must be a legal object in a contract. The contract should not, by nature violate the policy of the public. Otherwise, illegal contracts are enforceable. However, a contract that has all the essential elements is valid.... Adam does work, but Cynthia refuses to pay him. Issue Whether the contract is illegal or not Rule The damages arising from the material contributions of an individual to the performance of an illegal act, with the knowledge that the materials are intend to propagate the illegal activities are irrecoverable. The claim by the plaintiff is aims at settlement of the payments using the earnings from the illegal business. Analysis The case between Adam and Cynthia constitutes illegality by virtue of the element of prostitution. Prostitution at common law is always an act that promotes sexual immorality. All acts that promote sexual immorality are prohibited hence are unenforceable. The difference between an illegal act and an immoral act is so thin that the applied principles are similar in either case. The case of Pearce v Brooks (1866) Lr 1 Ex 213 Exch tries to explain the nature of this case. In the case, Pear the plaintiffs, Pearce coach builders allowed Brooks, the prostitute to hire their brougham. Brooks was going to use the brougham in her prostitution business of attracting her clients. At common law, contracts that promote sexual immorality are unenforceable due to their illegality. Pearce was aware of the business that that Brooks was going to transact, prostitution. Brooks refused to honor the obligations of the contract. Pearce claimed compensation for the damages but, the court refused. The court held that he had participated in an illegal contract with the knowledge of its illegality. The jury did find no evidence that the payments that Pearce was claiming from Brooks were to be derived from the illegal business. However, there were reasonable grounds to believe that Pearce while giving out the brougham for hire knew that

Organisational Transformation in Practice Essay

Organisational Transformation in Practice - Essay Example My role in this acquisition and change process has provided immense learning experience in terms of organisational change process and people’s psychology. A patchwork of this experience combined with learning from the module will be elaborated in this discussion. Literature findings will be confined to organisational change and its psychological implications on employees. Attempt will be made to provide a few probable and implementable suggestions for situations that did not conform to the need, as identified in literature. Background of the company: Armen Technologies (AT) is a multinational company that provides information technology enabled business services in four regions of the world including Europe, North Africa and South East Asia. Headquartered in Beijing, AT has more than 5000 employees. Its business volume and spread were enriched when AT acquired the IT Company VTL Solutions. This acquisition process resulted in overall growth of AT, but after much struggle. Cont ext: At the outset, this acquisition process was absolutely strategic and involved many negotiations during long period. From HR perspective, this acquisition seemed extremely lengthy and complex process. The acquisition process that began with various types of negotiations followed into aligning the acquired company’s businesses, clients, customers and employees with the acquiring company’s systems. One of the most significant parts of this acquisition was reinstating the confidence of both companies’ employees at all locations. This task required a strategically planned approach and to be executed by highly experienced personnel. While the general transformation process during and after the acquisition itself was complex and multidimensional event, transformation with respect to processes and systems in the human resources perspective was equally challenging. On a broader note, the HR aspect involved activities such as integration and alignment and corporate c ommunication along with assistance in implementation of change strategies. Corresponding literature findings: Mergers and acquisitions act as change agents in corporate restructuring (DePamphillis, 2011; p.4). Organisational changes that follow mergers and acquisitions are usually uneven and face numerous obstacles. According to Marks and Mirvis (2010), the fervor of success after acquisition usually infuses equally faster in the acquired company but in a retrospective manner, usually in the form of patronizing attitudes of its employees. To add further, unilateral integration of organisational systems and policies leads to greater turbulence in the acquired company. Culture-fit is a core ingredient of organisational sustenance post acquisition (DiGeorgio, 2002). Studies related to organisational change and mergers and acquisitions provide vast and diverse views that are mostly practically implementable and have been successfully implemented in many situations. For instance, various change implementation models that have been proposed include McKinsey’s 7-S framework, Kotter’s (1996) eight-step model, Lewin’s 3-phase model of change ADKAR model etc (Hiatt & Creasey, 2003; Cameron & Green, 2004). All these models provide comprehensive and systematic methods to implement change. Several other models are suggested to diagnose change, such as, Kurt Lewin’s force field analysis model (Cameron & Green, 2

Vulcanicity Case Essay Example for Free

Vulcanicity Case Essay Volcanoes mostly occur at plate margins. They can also occur at hot spots and in rift valleys. The most active volcanic zone is the Pacific Ring of Fire around the Pacific plate. Here plates are colliding or separating. At active points on these plates volcanic mountains are formed, e.g. Nazca Plate and South American Plate, where plates separate, e.g. Pacific and Nazca Plate and in rift valleys, e.g. African Plate, Kenya. The most active area on the globe is the western rim of the Pacific Plate stretching from Russia to New Zealand. Several findings relating to earthquakes and volcanic activity can be explained by plate tectonics. If you follow news stories of earthquakes, you may begin to wonder why such places as California or Japan have so many earthquakes, whereas the north eastern United States or Western Europe have so few. The fact is that earthquakes occur along belts and the vast majority of these belts lie on the boundaries of the earth’s tectonic plates. The same is true of volcanoes and locations known for earthquakes, such as the Philippines, have many volcanoes.The Hawaiian Islands are located near the centre of the Pacific Plate. These islands of Hawaii experience plate movement, helping to form the volcanoes that created those islands. At the south of the island group, many volcanoes are still active, while those to the north are mainly dormant. The reason for this is that the Pacific Plate is moving north over a stationary lava source (mantle plume) below Hawaii. The south islands remain above it, while the northern islands have moved away.The Oceanic crusts are tend to be youngest at the centre of ocean basins and along mid-ocean ridges, or along submarine ridges where new seafloor is created. There is much volcanic activity here as massive fissure eruptions frequently occur. Crusts of oceanic and continental type differ by their thickness and by composition. Basalt, an igneous rock (from the cooling of magma), makes up the SIMA, whereas much of the continental crust (SIAL) is made up of granite, also an igneous rock. Where the crust is thin volcanic activity is more clearly seen.

Analysis Of Amerindian Perspectivism Philosophy Essay

Analysis Of Amerindian Perspectivism Philosophy Essay Brazilian anthropologist Viveiros de Castro has been an essential force in new strands of anthropology within the last decade, and his foremost contribution has been the development of Amerindian perspectivism. Viveiros de Castros objectives were to produce a more generalised framework of Amazonian cosmologies and shamanistic practices, with an aim to dispose of the nature versus culture dichotomy that had always prevailed within the discipline of anthropology. By rediscovering the notion of animism, Viveiros de Castro was able to formulate new modes of relation between humans and non-humans, and perspectivism may be seen as simply a potent rendering of animism. This essay will explore the comparisons that have been made in recent ethnography between Viveiros de Castros Amerindian perspectivism and the application of perspectivism to other parts of the world. This will ultimately result in the questioning of whether perspectivism can, in reality, be labelled a theory. Initially an ex amination of Viveiros de Castros analysis of Amerindian perspectivism is crucial in an attempt to draw comparisons with the deployment of perspectivism in ethnography within northern Asia, in particular Mongolia and Siberia. Viveiros de Castro purports that his development of the notion of perspectivism forms a vital component of most Amerindian cosmologies, and is founded upon spiritual unity and corporeal identity. In opposition with the distinction between nature and culture, Viveiros de Castro illuminates a contrastive feature between Western and Amerindian cosmologies. Anthropology itself centres on the multiculturalist notion to the nature vs. culture dichotomy; the idea that there is one universal nature and many cultures, as building blocks structured upon that which is pure and unifying; nature. This approach implies the universality of the body, and the subjective distinctiveness of spirit and meaning. The concept of multiculturalism has consistently been applied to the demographic constitutions of a particular place with multiple ethnicities and religious groups, and to notions of identity (Visweswaran, 1998). Viveiros de Castro proposes that for Amerindian cosmologies however, an inversion of the multiculturalist notion, that is multinaturalism. Multinaturalism is the conception of spiritual unity and corporeal diversity, the unifying and objective being culture and the subjective distinctiveness of nature; bodies (Viveiros de Castro, 1998). Amerindian cosmologies share mythology and the notion of a creation myth that there was once an original state of undifferentiation between humans and animals, and this serves to unfold Amerindian perspectivism. This is the shared mythological belief that animals are ex humans, and that the original common condition that both humans and animals shared was humanity rather than animality (Viveiros de Castro, 1998). This origin myth can be employed to explain the general meaning of perspectivism. Viveiros de Castro states that animals and spirits see themselves as humans: they perceive themselves as anthropomorphic beings. their social system as organized in the same way as human institutions are (1998:470). This is the principal idea of perspectivism; that nonhumans see the world as humans do, but what they see differs from what humans see because of the distinct medium through which they see things differs from the medium through which humans see things (Pedersen, 2001). Every being t hat has a soul is capable of having a point of view, and it is the point of view that creates the subject. The point of view is located within the body, and differences between viewpoints concern the differentiation between bodies (Viveiros de Castro, 1998). What Viveiros de Castro refers to as the body is an assemblage of affects or ways of being that constitutes a habitus (1998:478). The concept of habitus has most recently been elaborated by Bourdieu (1972) as a system of dispositions in response to determinate structures and other fields that are neither wholly voluntary nor involuntary. Acquired dispositions or ways of being include taste, communication and habitation. To tie this in with multinaturalism, every subject creates their own conception of nature. Viveiros de Castro refers to the form of a being as like a piece of clothing which masks an internal human form that is only visible to those within the same species or trans-specific beings such as shamans. It is not so much that the body is a clothing but rather that clothing is a body (1998:482). An animals clothing (their body) is not simply manipulated as a disguise, but rather their equipment that differentiates them from one another, and provides them with their habitus. The internal human form is the beings soul or spirit (1998). By undergoing metamorphosis, the being sheds its clothing and, through a process of transformation, adopts the point of view of another being. The shaman is the only being that is capable of assuming the point of view of the Other; the extra-human animal, and returning back to its original state of being unharmed (Viveiros de Castro, 1998). Amerindian perspectivist cosmologies bear striking similarities with the notion of animism, initially proposed by Tylor in the nineteenth century. Tylor attributed animism to the almost universally held beliefs of primitive people that certain objects and persons were animated by something incorporeal called spirit' (Kraus, 1971:487). Descola (1992) developed this idea of animism that all spiritual entities are similar in that they share spiritual features, with the difference being the body that they are endowed with (Latour, 2009). Thus, animism would appear in accordance with Castros proposition of multinaturalism within Amerindian cosmologies. In contrast with the multiculturalist notion of the nature vs. culture dichotomy, animism holds society as the unmarked pole, as the unifying dimension, rather than nature. Totemism, on the other hand, is the conception that individuals and clans share kinship with other forms of non-human being. Levi-Strauss (1962) discusses totemic classifications as a form of organisation which emphasises discontinuities between species to confer a conceptual order on society. The totem is a non-human being which is normally accompanied by a totemic myth, and they are manipulated to make the social world a more coherent classificatory system. Therefore, there is a very striking difference between animism and perspectivism, and totemism; in totemic societies the non-human being is regarded as a sign, and in animic and perspectivist societies, the non-human being is regarded in terms of the relationship it makes available (Pedersen, 2001). It will be brought up later on with an analysis of northern Asian cosmologies, that some ontologies in northern Asia are predominantly animistic, and some predominantly totemistic. Nevertheless, it is undeniable that Viveiros de Castros notion of perspectivism is wholly an animistic concept. His analysis of Amerindian perspectivism has been supported by Pelusos research undertaken in Peru. Peluso critically discusses her ethnography on dream narratives amongst the Ese Eja, an Amazonian community, and acknowledges that multinatural perspectivism is present within the ontology of dream narratives (2004). Naming dreams are common for the Ese Eja, and reflect multiple overlapping realities of time and space, acting as a reminder for its subjects that transformations are possible between multiple worlds. Eshawa, for the Ese Eja is the concept of personhood that connects the self with all species and the spirit world (Peluso, 2004:2). The dreams always involve an interaction between the animal and the dreamer, and involve the animal transforming itself into a child and addressing the dreamer by the appropriate kin term. This action eludes the mother/father/grandparen t dreamer to the childs dream name, and they must use this name for everyday life (Peluso, 2004). Viveiros de Castros notion of perspectivism in Amazonia is quite clearly at work here. People validate the links between dream names and their namesake animals through perceived shared physical and character traits, relating to Viveiros de Castros corporeal affects that form the distinctive viewpoints of subjects. Similarly, multinatural perspectivism such as the dream world, implies that all subjects (human or not) share personhood and interact socially as enacted in dream narratives. (Peluso, 2004:9). The dream world allows the capacity for carrying over the same viewpoint into different cross-realities, and dreams are sources of knowledge and channels of communication between multiple worlds, unhindered by physical or ontological distance (Peluso, 2004). Pelusos ethnography based on the Ese Eja community in Peru is a fine example of Viveiros de Castros Amerindian perspectivist cosmology in practice, but the question still remains as to whether perspectivism can be applied to another part of the world other than Amazonia. The vast majority of the rest of this essay will attempt to apply perspectivism and its deployments through ethnography, to two very different regions of northern Asia; Mongolia and Siberia. Pedersen (2007) has written extensive ethnography concerning the Darhads of Mongolia, and their relationship with perspectivism. It is clear that Viveiros de Castros Amerindian perspectivism is prevalent within Darhad animist cosmology, but at the same time there are several distinctions that must not be overlooked. A stark contrast between Darhad and Amerindian cosmology is that the Darhads do not share the conception of a creation myth; an original state of undifferentiation (Pedersen, 2007). Viveiros de Castro suggests that mythology is a precondition for perspectivism, in that the period from whence everything was undifferentiated and humanity, is crucial for spiritual unity and the universality of beings (1998). Nevertheless, Darhad cosmology is amythological yet animist and comprises multiple points of view; different perspectives unchanging over time. The majority of the Darhad animist cosmos is perceived as an unmarked territory, and that it is along specific paths where the social lives of beings occurs. Therefore Darhad cosmology itself is not one unified whole, but rather many parallel worlds, with each parallel world containing the totality of relations enacted through a given point of view (Pedersen, 2007). Similarities can be drawn here with Amerindian perspectivism in that exchanges of perspectives between different kinds of beings are being experienced by the Darhad people, however there appear profound differences. The Darhads nomadic landscape is organised according to the constellation of centres within it, with the nomadic households as physically moving entities, and sacred stone cairns such as those on the top of mountains as fixed components. All nomadic movements centre around these gravitation points, for the rest of the nomadic landscape is void (Pedersen, 2007). The Darhad conception of the landscape appears mo re of a totemic reality than an animist one in this sense. Rather, as a discontinuous grid that places beings in relationships of homologous differentiation (Holbraad Willerslev, 2007:331). Viveiros de Castros Amerindian perspectivist cosmology amounts to a boundless whole, a continuous universe where all beings relate to one another, whereas Darhad perspectivist cosmology lacks this perception. The narrative of the Badagshin that Pedersen (2007) recollects however, can be seen as the representation of a distinct form of Mongolian perspectivism that draws parallels with Viveiros de Castros Amerindian perspectivism. The Badagshin are half-people non-human beings that appear most frequently to Darhad hunters. Similarly with Amerindian perspectivism, the shaman is the only being capable of undergoing complete metamorphosis and returning back to their original state of being unharmed. Therefore for Darhad hunters, adopting the point of view of a nonhuman being is something that should be avoided at all costs. Pedersen recalls an account of a Darhad hunter and his friend encountering a Badagshin whilst traversing the nomadic landscape. For the hunter, the Badagshin appears before him as half a deer, yet for his friend it appears before him as half an old woman. Within a few weeks the friend is dead. This phenomenon may be explained in terms of the Darhad perspectivist cosmology i tself, for the friend has undergone transformation from human being to non-human being through the complete adoption of the Badagshins point of view and crossed through to the other side, resulting in death. It is not the hunter himself comprising two perspectives, but rather the cosmology itself, and by being seen only in the form of halves, they reveal in the form of their virtual, invisible halves an occult vicinity between the human and the non-human (Pedersen, 2007:323). Exchanges of perspectives for the Darhad appear essentially abrupt, as one leaps from one form of being to another, with the nomadic void playing the role of a trampoline, as one jumps between finite worlds (Pedersen, 2007). A key difference between Darhad perspectivism and Viveiros de Castros Amerindian perspectivism is that the Darhads encounters with spiritual beings are always incomplete, as the Badagshin example illustrates. Humphrey (1996) also reveals that encounters with spiritual beings amongst the Daur of Mongolia tend to always be incomplete and intermitted. Amerindian perspectivism appears more symmetrical and horizontal, whereas Darhad perspectivism appears asymmetrical and transcendent (Holbraad Willerslev, 2007). The Mongolian shamans ability to undergo various metamorphoses and gain the perspectives of another being can be directly linked to the evasion of the hierarchy within a society that is highly rigid (Pedersen, 2001). As a consequence of this spiritual hierarchy, exchanges of perspectives are vertical rather than horizontal, a direct contrast to Viveiros de Castros Amerindian perspectivism. Holbraad and Pedersen (2007) suggest that in Inner Asia, beings can become other not because they are themselves already other (as in Viveiros de Castros Amerindian perspectivism), but rather because the perspectives that they can occupy remain other to them (p.331). These are transcendental perspectives and reflect more of a totemic reality than an animistic reality apparent in Amerindian perspectivism. It would appear that Mongolian perspectivist cosmology is very different to that of Amerindian perspectivism. Much ethnography in Siberia has revealed a more animistic cosmological perspectivism, and yields more similarities to Viveiros de Castros Amerindian perspectivism. Stepanoff (2009) studied cannibal shamans in Siberia and adopts a perspectivist approach to elucidate that the shamans become cannibals because they see humans as prey animals. Similarly, Bogorazs (1904-1910) ancient ethnography on the Chuckchee can be seen to draw parallels with Viveiros de Castros Amerindian perspectivism in that others, in this case the kely spirits, see themselves as humans and humans see themselves as others. Kely spirits live like humans in villages and hunt humans which they call little seals. Social relations in Siberia appear horizontal rather than vertical, which, as a condition for animism appears to align them with Amerindian perspectivism rather more than their Mongolian neighbours. Likewise, the space constituted by human beings and non-human beings amounts to a boundless whole rather than a discontinuous grid (Pedersen, 2001). Pedersen (2001) puts forward the notion of animist analogous identification in Siberian cosmology, which holds the viewpoint that one has the ability to imagine oneself in someone elses position, and the ability to imagine someone else in ones own position. This correlates with Viveiros de Castros Amerindian perspectivism. Thus, I would argue that Siberian perspectivist cosmologies are much more similar to Amerindian perspectivist cosmologies than their Mongolian neighbours. However, it is challenging in itself to stretch Viveiros de Castros concepts that fit Amerindian cosmology to other parts of the world due to the fact that there is so much differentiation. The question ultimately comes down to whether Viveiros de Castros perspectivism can be seen as a theory or not, and whether it should be applied to other parts of the world. Holbraad and Willserlev (2007) suggest that Viveiros de Castros Amerindian perspectivism may be regarded as a theory due to the fact that it is an essentially intellectual artefact: theory is born of the anthropologists mental effort (p.330). However, this particular theory appears somewhat constrained by its ethnographic material of which the theory was conceived of, and the context from which it derived from cannot necessarily be applied to other ethnographic contexts. This does not detract from the fact that Viveiros de Castro has put forward an Amerindian perspectivist theory, which does exactly what it says on the tin.

Essay --

Money can’t buy happiness. Or can it? In the modern society that we live in nowadays, the theory of consumerism and a person’s happiness, or quality of life, are inseparable, especially in Canada. So much that consumerism seems to be dominating every aspect of our Canadian lifestyle, even the aspects that weren’t by the slightest amount affected by the behavior of consumers ten years ago. Consumerism is a theory that greatly contributes to the enriched quality of life that Canadians enjoy. This economic theory allows for consumer behavior to be central to economic decision-making, higher employment rates to be established, and to initiate a significant increase in globalization. Consumerism is defined as linking prosperity to consumer demand and making consumer behavior central to economic decision-making. This means that we, as consumers, have the ability to influence the quality of life, citizenship, and identity of ourselves and the people around us. Based on our values and beliefs about our identity, health and safety, employment, the environment, and product marketing, we can have our say about a certain product by influencing the demand of it. This can be accomplished by deciding whether or not we want to purchase that product. However, the degree of influence can by greatly augmented by use of boycotts, when a group of consumers choose not to buy or use a product or service to bring about change. We can use this strategy to substantially draw the attention of the targeted company and push them to consider the demand of us consumers and change their actions accordingly. For example, in the year of 2007, the Animal Rights Group initiated a boycott towa rds several cosmetic companies to stop the testing of cosmetics on animals... ...e goods that are shipped out of our ports to countries all around the world. The interrelation of consumerism and globalization helps to create a global bond that most Canadians would be distressed to live without. Consumerism has proven to be central to today’s society and economy. Its promotion of consumers’ interests allows us, as consumers, to manipulate different aspects of the world’s businesses and markets. The chain effect of consumerism is a big factor in maintaining Canada’s employment rate, and increasing each person’s financial status. Globalization and its connection with consumerism works to bond people of all different origins, and spread the world’s markets. Consumerism proves to be a major component of today’s society, enhancing quality of life for Canadians. It could even be thought of as a culture that we all live upon, that links us together.

Proton Strategic Managemen

 « Task Management – Antiques-2000 | Main | Global Marketing Strategies :Case Study of Peninsula Hotel Group  » November 25, 2010 Strategic Management of Proton, Malaysia | 4| | Strategic Management: Proton, Malaysia Table of Contents TOC o â€Å"1-3† h z u 1. Introduction. PAGEREF _Toc226437728 h 3 2. Background of Proton. PAGEREF _Toc226437729 h 3 3. Macro-Environment Analysis. PAGEREF _Toc226437730 h 5 3. 1 Political PAGEREF _Toc226437731 h 7 3. 2 Economic. PAGEREF _Toc226437732 h 8 3. 3 Social PAGEREF _Toc226437733 h 8 3. Technological PAGEREF _Toc226437734 h 9 4. Micro-Environment Analysis. PAGEREF _Toc226437735 h 10 4. 1 Strengths. PAGEREF _Toc226437736 h 11 4. 2 Weaknesses. PAGEREF _Toc226437737 h 11 4. 3 Opportunities. PAGEREF _Toc226437738 h 12 4. 4 Threats. PAGEREF _Toc226437739 h 13 5. AFTA Compliance Problems. PAGEREF _Toc226437740 h 13 6. Industry Analysis. PAGEREF _Toc226437741 h 15 6. 1 Threats of New Entry. PAGEREF _Toc226437742 h 16 6. 2 Threat of S ubstitution. PAGEREF _Toc226437743 h 16 6. 3 Buyer Power PAGEREF _Toc226437744 h 17 . 4 Suppliers Power PAGEREF _Toc226437745 h 17 6. 5 Competitive Rivalry. PAGEREF _Toc226437746 h 17 7. Recommendation. PAGEREF _Toc226437747 h 18 8. The Strategic Triangle. PAGEREF _Toc226437748 h 18 9. Aligning Organization Wide Strategies. PAGEREF _Toc226437749 h 19 10. Adaptive Processes. PAGEREF _Toc226437750 h 20 11. Metrics/Performance Measures. PAGEREF _Toc226437751 h 20 12. Conclusion. PAGEREF _Toc226437752 h 21 13. References. PAGEREF _Toc226437753 h 23 14. Appendices. PAGEREF _Toc226437754 h 25 14. Appendix A: Strategic Triangle. PAGEREF _Toc226437755 h 25 14. 2 Appendix B: Balance Score Card Dimension of Proton. PAGEREF _Toc226437756 h 26 Table of Table TOC h z c â€Å"Table† Table 1 PEST Analysis. PAGEREF _Toc225758233 h 6 Table 2 SWOT Analysis. PAGEREF _Toc225758234 h 11 Table of Figures TOC h z c â€Å"Figure† Figure 1 Porter's Five Forces. PAGEREF _Toc225758249 h 16 1. In troduction The automotive industry in Malaysia is considered as one of the most vital and significant strategic industries in the manufacturing sector (ESCAP 2009). Malaysia is predominantly a passenger car market and the industry is considered as a domestic market-oriented (ESCAP 2009). The primary reason why passenger care market is prominent in the country is because of the economic status of the country. The objective of this paper is to focus on the case of Proton in terms of facing different dilemmas in the local and global automotive industry. Furthermore, it will use the Delta model in order to analyze the performance and recommend different actions to be done in order to maintain the position of the company in the market. 2. Background of Proton Proton or synonyms for Perusahaan Otomobile Nasional Berhad was incorporated on May 7, 1983 in order to manufacture, assemble and sell different motor vehicles and other related products which include different accessories, spare parts and other important components (PMProject n. d. ). Based on the technology and parts from Mitsubishi, the production of the first model or the Proton Saga began in September 1985 at its first manufacturing plant in Shah Alam Selangor by the Malaysian Prime Minister Dato’ Seri Dr. Mahathir Mohamad (Histomobile n. d. ; PMProject n. d. ). At first, all of the components of the car were entirely manufactured by Mitsubishi, but the local part has been able to be used, as technologies were transferred and skills were gained. In January 1989, the 100,000th of Proton Sage was produced (Histomobile n. d). At the end of 1990s, the logo of the car was changed from the Malaysia’s coat of arms and a fourteen-pointed star to a stylized tiger head. In 1993, a new model called Proton Wira was introduced that was based on the design and engineering of Mitsubishi Lancer/Colt where in more than 220,000 units were sold from 1996 to 1998. Together with that, the Proton Perdana that was based on the Mitsubishi Eterna was produced in 1994 that was intended for higher market (Histomobile n. d. ). In 1996, an acquisition of Lotus technologies form Bugatti, Proton helped the company to have an additional source of engineering and automotive expertise which enables the company to produce the Proton Gen-2, to become the first of cars to be manufactured and assembled at the new manufacturing plant in Tanjung Malim, Perak which is part of Proton City development project, which was opened in 2004 (Histomobile n. d. ). In 2004, the company purchased a major stock in MV Agusta of Italy which is the manufacturer of MV Agusta, Husqvama and Cagiva motorcycles. Later on, the company sold off its 57. 7% share to MV Agusta to another Italian company for a token of one Euro. Because of the heavy debt by MV Agusta, the selling gives Proton the opportunity to write off the losses off its book. During the same year, the company announced about their planned partnership with the Volkswagen AG of Germany. Under the said partnership both of the company will be able to take advantage of both their strengths. For the company, Volkswagen will be able to share knowledge, expertise and technologies, while the company can offer spare capacity at the latter’s Tanjung Malim in order to assemble cars for export o the South East Asian market, where in the German auto giant has a weak presence. However, on January 13, 2006, Volkswagen had announced that the negotiation of the partnership has failed due to the different reasons, primarily the fact that the plans of the company were different and clashes with the terms and conditions that are being offered by Proton (Histomobile n. . ). In 2002, Proton held a high market share of more than 60% in Malaysia. However due to the different factors such as the economic and social aspects, the said share was reduced to 30% by 2005. The said number will further reduce in the next years due to the AFTA which mandates reduce tariffs to maximum of 5% (Histomobile n. d. ). 3. Macro-Environment Analysis Every industry is being affected by the developments in the macro-environment. Fundamentally, all organizations are affected by the same developments; however, the extent to which organizations successfully cope or take advantage of these developments differs in substantial manner. Furthermore, developments may potentially influence one industry more severely than other. Therefore, it is vital for organizations to identify or anticipate the macro-developments in order to assess their potential impact on the industry and the organization (Nijssen ; Framback 2000, p. 53). Table SEQ Table * ARABIC 1 PEST Analysis PEST Analysis| Political * AFTA; * different environmental Policies| Economic * global and local economic crisis; * slowing growth of Malaysian economy; * poor consumer sentiment and changing buying behavior of the consumer; * increasing competition; * huge total labor force;| Social * huge population; * car ownership (1:5); * set on big-ticket items; * growing knowledge and concern of the people towards the environment; * impact of the image of the brand; * slowing/decreasing buying pattern of the consumer. Technological * competing development in technology; * maturity of technology; * intellectual property; * potential for innovation and development; * maturity and capacity of manufacturing| Table 2 shows the different factors which affect the operation of Proton and other major players in the industry in the country. Thus, all of the factors can be grouped into 4: political, economic, social and technological. 3. 1 Political One of the important factors to consider is the presenc e of AFTA or ASEAN Free Trade Area. Currently, most of ASEAN region are free trade or 96% of the entire ASEAN trade. AFTA was established in January of 1992 in order to eliminate tariff barriers among the Southeast Asian countries. It planned to reduce tariffs to zero to 5% in 15 years among the six nations through a common effective preferential tariff (Ghani ; Zainuddin 2008). Because Malaysia has two national carmakers which are Proton and Perodua, and the government wants to protect their interests. Unfortunately, the said development could prove to be a temporary solution. If we are going to check on the high selling prices of the national cars of Malaysia because of high production costs and lack of vendor efficiency, there is a big possibility that the local market will be ruled by imported cars. As a result, there will be increase in the number of the vehicles on the road and there will be a glut of used cars in the market, because people will tend to trade their cars for cheaper and imported brands (Frost ; Sullivan 2002). On the other hand, the issue regarding the environment is vital because it is considered as one of the most talk about topics in the world. The environmental regulation in Malaysia can be traced back during the colonialism of British which introduced the environmental standards about the mineral and agricultural resources to Europe. 3. 2 Economic The vehicle sales in the country is expected to fall by 12. 4% in 2009 due to different economic aspect, primarily the issue of global financial crisis, which affected the local financial status of the country (AseanOneMonitoring 2009). As a result, the government of the country is expecting a slow economic growth for the country, which can affect the buying behavior of the customers. Furthermore, due to the AFTA, it had increased the competition, which will impact the performance of Proton. However, the performance of the automobile industry will be maintained and managed due to the huge total labor force. Despite of the slower economic growth in 2003, the unemployment rate was only 3. 5%, which shows an almost full employment (PriceWaterHouseCooper 2005). 3. 3 Social The growing population in the country is one of the factors which can affect the automobile industry. In 2008, the country has a total of 27. million citizens (US Department of State n. d. ). This will give a greater number of markets. Furthermore, the ratio of car ownership in the country is somewhat high or total of 1:5, which signifies that people are considering cars as important things in their lives. Furthermore, people will also set on big-ticket items or consumers are expected to put off buying different motor vehicles because of the employment market uncertainty because of the global and lo cal financial crisis (AseanOneMonitoring 2009). Another factor to consider is the growing knowledge and concern of the people regarding different environmental issues. Furthermore, the impact of the image to the loyalty of the customer is also another factor. 3. 4 Technological Technology is considered as one of the most important factor in the automotive industry. Due to the increasing competition, the development in technology is growing and affecting the performance and position of each and every company in the automobile industry. It is also important to consider the maturity of technology, together with the maturity and capacity of manufacturing, which affect the innovation process of any company. The intellectual property is also important factor, because it is considered as a sign of authenticity and uniqueness. Due to the different technologies, primarily the help of computer and the Internet, the potential for innovation and development is increasing. 4. Micro-Environment Analysis Table SEQ Table * ARABIC 2 SWOT Analysis SWOT Analysis| Strengths * strong support from the government; * strong brand; * reputation; * flexible manufacturing capability| Weaknesses * lack of R;D; * over reliant on the government; * not so competitive; * higher costs than competitors; * lack of international operations; * lack of original products/services; * limited product line; * existing quality issue; * human resource issue| Opportunities * â€Å"Green† Cars; * available government support; * available technological innovations; * entering new markets; * gain online/e-commerce presence; * strategic alliances and joint ventures| Threats * slow growth of automotive market; * change in the consumer lifestyle; * changes in regulation (AFTA); * changing technology; * competition from the foreign markets; * new competitors entering the market; * price war between competitors| Table 2 shows the internal and external factors that are important for the growth of the company such as its strengths, weaknesses, opportunities and threats. 4. 1 Strengths One of the important strengths of the company is its reputation or strong brand image due to the long years it had stayed in the industry. Because of that, the Malaysia people have become familiar and loyal to the brand, aside from the fact that Proton had become the national car brand in the country. Due to that, the car manufacturer has a strong support or back-up from the government, which is considered as an important entity in any business environment. Above all, the company has a manufacturing capability at Tg. Malim to consolidate all models, as well as the existing tariff structure (BuildBoard n. d. ). 4. 2 Weaknesses There are also different weaknesses which must be improved by the company in order to maintain their position in the government. First is the lack of R;D or innovation as well as lack of original products and limited products because of the inability of the company to introduce real new models, which lead them to cannibalize their screwed up line of products (BuildBoard n. d. ). This is because some of the products or models of Proton were based on the model of other international leading brand. It is also important to consider that the company is lacking in international operation, due to the different factors, primarily because of huge competition in the global market. The reputation or image of the company is also facing difficulties because of the current quality issue due to active service units and low plant utilization (BuildBoard n. d. ). Furthermore, company is having different human resource issue due to their inability to retain and cultivate talent. Because of all these reasons, the company is lacking in international operations. Above all, due to it’s over reliance to the government, without the strong support from the government, Proton could lose out to major players in the industry that can cause serious impact on the different supply chain (AseanAffairs 2009). 4. 3 Opportunities The support of the government to the company is an important opportunity, because the government considers the company as their partner, therefore majority of cars needed by local and national government will be Proton. Furthermore, the company can also take advantage of the different technological developments, particularly the different Information Technology (IT) or Information System or IS which can help the company to manage their information that can help them in the decision-making process. Entering new markets will also help the company to expand their business in terms of size; therefore can help to gain more turnovers. It is also important to consider the ongoing popularity of e-commerce or online selling of goods. This will help the company to target more market in more reliable, fast and cost-effective manner. Furthermore, the changing perspective and concern of the people towards the environment also created opportunities for different automotive industry, and that is to offer different â€Å"Green† cars or hybrid cars. 4. 4 Threats The most crucial threats to be faced by the company are the global financial crisis which affects the economy of Malaysia, and affect the lifestyle and buying behavior of the consumer. As a result, as of October of 2008, new-vehicle deliveries slipped by 13% from 42,915 of last year to 37,512 units (Chrysler 2008). The changing and maturing of the technology is also another important factor to consider, together with the growing number of competitors who are entering the market, which result to the price wars. The main reason behind this situation is the AFTA which focus on reducing tariffs from zero to 5% in 15 years among the six nations through a common effective preferential tariff It planned to reduce tariffs to zero to 5% in 15 years among the six nations through a common effective preferential tariff (Ghani ; Zainuddin 2008). 5. AFTA Compliance Problems The ASEAN Free Trade Area or AFTA is a collective effort by the member countries in order to eliminate tariffs on intra-ASEAN trade in the goods sector. The main target is to achieve tariff between 0 – 5% in 2003 for the six original member countries, Vietnam by 2006, Lao PDR and Myanmar by 2008 and Cambodia by 2010, at the same time remove quantitative restrictions and other non-tariff barriers. The reduction or elimination of tariff is undertaken through the Common Effective Preferential Tariff Scheme (Ministry of International Trade and Industry 2008). The main impact of AFTA to the economy of Malaysia is the increase intra-ASEAN competition from lower cost producers; declined competitiveness of traditional export industries which include the high labor cost, lack of resources and expertise and technology obsolescence; removal of protection such as quota system and monopoly status; complying with 40% local content rule; develop competitive local small and medium industries which will focus on the domestic market, dependent on single or few buyers and lack of expertise and backward technology. As a result there are different sectors that might face strong competition primarily the ceramic tiles, cement, plastic products and automotive industry (Ghani ; Zainuddin 2008). AFTA will result to higher economies of scale in the automotive industry in Malaysia. Higher economies of scale will mean lower unit production costs. This will help to translate into lower retail prices and a bigger market. Therefore, AFTA could translate into price cuts of about 20% to 50% on vehicles. Competitive producers can export their products throughout the region at very low import duties and pass on cost savings to consumers. As a result, consumers can exercise a wider and better product choice at very competitive prices (Dey 2002). 6. Industry Analysis Figure SEQ Figure * ARABIC 1 Porter's Five Forces Competitive Rivalry § Improving product differentiation; § Large number of firms; § Low Switching cost; § High exit barriers; § diversity of rivals| Threat of Substitution § Quality of the substitutes products; § willingness of the buyers to substitute; § Low cost of switching to substitutes. | Buyer Power § Homogeneous products; § Huge number of buyers; § Buyers are fragmented (many, different); § High role of quality of service of products;| Supplier Power § Few dominant suppliers; § High role of quality and service; § High cost of switching| Threat of New Entry § High capital/investment requirements; § Availability of the distribution channels; § Access to technology; § Brand loyalty of the customer; § Friendly government regulations| Figure 1 shows the industry analysis of the automotive industry in general. According to Porter, there are 5 important factors which show the attractiveness or value of the structure of the industry: entry of competitors, threat of substitutes, bargaining power of suppliers, bargaining power of buyers and rivalry among the existing players. 6. 1 Threats of New Entry The threats of new entry pertain on how easy or difficult for new entrant to start competing (12Manage n. d. ). The primary barriers of new entry are the high capital and investments that are needed in order to enter the industry. This is because it mainly focuses on the different technologies that are needed in order to come up with the quality and services that are being offered by the long time players in the industry. Aside from that, it is also important to consider the availability of the distribution channel which is very important in connecting with the customers. Furthermore, because there is long time player in the industry, brand loyalty of the customers is considered as inevitable. However, due to AFTA, the government offers friendly entrance policies for the possible new entrants. 6. 2 Threat of Substitution The threats of substitution pertain on the ability of the customers to go for substitute products that might be cheaper and accessible. In terms of the passenger car industry, the growing demands for bikes and motorcycles. More and more people are switching from using the passenger cars into using bikes and motorbikes due to two reasons, first is that it helps them to save money because of gasoline, at the same time, the consumer are becoming more aware of their environmental benefits. Thus, thequality of the substitute’s products, the willingness of the customers and the low costs of switching enables the threats of substitution high. 6. 3 Buyer Power The bargaining power of the customers in this industry is somewhat high due to the homogenous or almost the same products, which divide the number of sales from huge number of competitors. But it can be maintained due to the huge number of buyers, primarily in developed countries, aside from the fact that the buyers are fragmented. Above all, the importance of quality of the products and services are important factors which affect the power of the buyer. 6. 4 Suppliers Power The supplier has a neutral power over the industry. This is because there are few dominant suppliers in the industry who are well known for quality and brand image. This is affected by the high role of quality and service in the industry, because the industry is directly connected to safety and quality of life of the customers. The most important factor which add up to the influence of the suppliers is the high cost of switching. 6. 5 Competitive Rivalry The competitive rivalry pertains on the intensity of rivalry among the competitors in the industry. it is important to consider the improving product differentiation due to the extensive effort of each and every automobile company in the world to become unique and have the stronger market position in the industry. This is the major impact of the large number of firms of organization competing in the global market including local players from Korea, China and Japan which result to diversity of cultures and organizational behaviors of the rivals. The low switching cost from one brand to another intensifies the competition in the market and pushes all of the major and minor players to focus on R&D and innovation processes in order to improve their overall performance in the market. Above all, the competition is increased due to high exit barriers due to the human resource and facilities. 7. Recommendation It will be important for the company to focus on the Delta model in the process of planning and implementing their strategy. The Delta model is a strategy framework that was developed by Dean Wilde together with the members of Dean & Company and Arnoldo Hax of MIT/Sloan School of Management (Value Based Management. net n. d. ). 8. The Strategic Triangle There are three options that are represented in Triangle which are considered as the starting point o the dialogue for the development of a strong vision (see Appendix A) (Hax & Wilde II 2003). Due to the current condition of the company regarding their competitive advantage which pertains on the quality of their products, it will be important to focus on the Best Product positioning. This is because of the fact that the best way to attract, satisfy and retain customers is through the inherent characteristics of the product itself. The position is rather inward and narrow, based upon the prevailing product economics. Thus, the major strategic driving forces are the development of an efficient supply chain that will guarantee low cost infrastructure; a proven internal capability for new product development. At the same time, it will help the proper renewal of the existing product line that will help to secure the distribution channels that will help to transfer the products to the targeted market segments (Hax & Wilde II 2003). This will focus on the R&D and innovation process for the company. In order to maintain the process of engineering and designing passenger cars which will suit the taste and preferences of the customers this is affected by different demographics, economics and social factors. Due to the growing problem of global economic crisis, it will be important to focus on low cost or differentiation of the products. 9. Aligning Organization Wide Strategies In this stage, it will be important to focus on organizational change, because it will focus on restructuring the current business rules and policies towards the strategies of the company. In the case of the company, it will be important to focus on the strong product base, solid supply chain infrastructure as well as internal innovation capabilities to match (Hax & Wilde II 2003). 10. Adaptive Processes Because of the fact that the strategies of the company focus on the R&D process of Proton, it will be important to focus on the Innovation as the strategic task. It ensures a continuous stream of new products and services in order to maintain the future viability of the business. It also helps to mobilizes all of the creative resources of the firm which include the technical, production and capabilities in the marketing field in order to develop an innovative infrastructure for the business. Furthermore, the company must not limit itself to the pursuit of the different internal product development, but must focus the sources of innovation from the suppliers, customers and key complementors. It maintains the focus on the renewal of the business to maintain its competitive advantage as well as superior financial performance (Hax & Wilde II 2003). In this stage, it will be important for the company to know the reactions and opinions of the Malaysia customers regarding the design of their models, particularly the issue of almost identical design of each model. 11. Metrics/Performance Measures It is important to consider that metrics providing overview should be supplemented with granular metrics (12Manage n. d. ). A balance score card dimensions for the firm and for each customer segment tier were identified that will allow Proton to monitor and analyze its current executions of customer targeting as well as innovative strategies which represent different changes of key cost drivers of the financial perspective, operational effectiveness, technology as well as customer perspective (Core. org n. d. ) (see Appendix ). Based on the said balance score card dimension, as well as the Delta Model, it is important for Proton to focus on the changing preferences and demands of their current customers, which are their strategic partners from different parts of the globe, as well as their current loyal customers. It is important to focus on new services and products as well as the capability to deliver new car models to their partnership. As a result, the significant dimensions in the performance matrix must be percentage of strategic/exclusive partnership acquisition, percentage of business volume from different strategic/exclusive partnership, as well as switching costs for complementor and customer (Core. org n. d. ). 12. Conclusion Proton was considered as the national car manufacturer of Malaysia and considered as the major player in the industry. However due to the different factors, primarily the implementation of AFTA, the sales and market share of the company decline. In details, the growing competition enables the Malaysian market to have a wide choice of cars to be availed. On the other hand, due to the strong support of the government, as well as the strong position of the company in the market, it can be said that the company failed to focus on the most important aspect of a company in order to maintain competitive advantage, and that is innovation. Most of the customers are saying that the company is no longer offering real new models of cars. Aside from that, the company is also having a problem in their supply chain, which results to high pricing of Proton's car compare to other international brand in the market. In order to solve the current situation of the company, it will be important to focus on innovation or R;D process. This can be done by focusing on applying new IT or IS to speed up the process of designing. It is also important to focus on the HR aspect of the company in order ensure that the company has talented and skilled staffs to develop new and better products that will suit the ever changing preferences of the consumers. 13. References 12Manage. Porter’s Five Forces Analysis. Available from: http://www. 12manage. com/. [25th March 2009] AseanAffairs (2009). Malaysia’s Proton Still Needs Government Support. Available from: http://www. aseanaffairs. com/page/malaysia%27s_proton_still_needs_government_support. 25th March 2009] AseanOneMonitoring (2009). Malaysia Auto Sales to Fall 12. 4 Percent on Slowing Economy. Available from: http://www. asiaone. com/Motoring/News/Story/A1Story20090122-116465. html. [Accessed 24th March 2009] BuildBoard. Analysis SWOT Proton. A vailable from: http://g4. buildboard. com/images/attachpic/g4/B400/B400F1844T909_8195ded601b2dd2aaee71cb07bd4c006. pdf. [25th March 2009] Core. DMK International (8) – Aggregate and Granular Metrics. Availabe from: http://www. core. org. cn/NR/rdonlyres/Sloan-School-of-Management/15-904Fall-2005/F43E8DBF-9AF8-4B07-BB61-2920E880D30F/0/dm_csstd_dmk8_2. pdf. [2nd April 2009] Chrysler, M. (2008). Malaysian Auto Industry Facing Decline as Global Economy Slows. Available from: http://subscribers. wardsauto. com/ar/malaysian_industry_decline_081208/wall. html? return=http://subscribers. wardsauto. com/ar/malaysian_industry_decline_081208/. [25th March 2009] Dey, A. (2002). The Impact of AFTA on the ASEAN Automotive Industry. Available from: http://www. frost. com/prod/servlet/market-insight-top. pag? docid=IMAY-58VK85. [25th March 2009] ESCAP (2009). V. Malaysia. Available from: http://www. unescap. org/tid/publication/part_two2223_mal. pdf. [Accessed 24th 2009] Frost ; Sullivan (2002). The Impact of AFTA on the ASEAN Automotive Industry. Available from: http://www. frost. om/prod/servlet/market-insight-top. pag? docid=IMAY-58VK85. [Accessed 24th 2009] Ghani, K. , Zainuddin, Y. , Fereidouni, H. G. ; Ziaee, A. (2008). ‘AFTA: Effect on Malaysian Economy’. Journal of Management and Social Sciences. vol. 4, no. 2, pp. 134 – 141. Available from: http://www. biztek . edu. pk/downloads/research/jmss_v4_n2/6. %20Afta. pdf. [25th March 2009] [Accessed 24th 2009] Hax, A. ; Wilde II, D. (2003). ‘The Delta Model- A New Framework of Strategy’. Journal of Strategic Management Education, vol. 1, no. 1. Available from: http://pesona. mmu. edu. my/~wruslan/MISP2/Readings/detail/Reading-37. pdf. Histomobile. Proton (1985-). Available from: http://www. histomobile. com/dvd_histomobile/histomo/63/history2. asp. [Accessed 24th 2009] Ministry of International Trade and Industry 2008. Malaysia and AFTA. Available from: http://www. miti. gov. my/cms/documentstorage/com. tms. cms. document. Document_7d9e2e2f-c0a81573-11c011c0-50afb270/afta. pdf. [25th March 2009] Nijssen, E. J. ; Frambach, R. (2000). Creating Customer Value Through Strategic Marketing Planning: A Management Approach. Springer PMProject. The History of PROTON, Available from: http://pmproject. doubleukay. com/proton_history. html. [Accessed 24th 2009] PriceWaterHouseCooper (2005). Malaysia. Available from: http://www. pwc. om/gx/eng/about/ind/retail/growth/malaysia. pdf. [Accessed 24th 2009] US Department of State. Malaysia. Available from: http://www. state. gov/r/pa/ei/bgn/2777. htm. [Accessed 24th 2009] Value Based Management. net. The Delta Model. Available from: http://www. valuebasedmanagement. net/methods_hax_wilde_delta_model. html. [Ac cessed 24th 2009] 14. Appendices 14. 1 Appendix A: Strategic Triangle Enabled Through Effective Use of Technology| System Lock-In * System Economics * Market Dominance * Achieving Complementor Share| System Lock-In * Customer Economics * Cooperation * Achieving Customer Share| Best Products * Product Economics * Rivalry * Achieving Product Share| Source: (Hax ; Wilde II 2003) 14. 2 Appendix B: Balance Score Card Dimension of Proton Balance Scorecard Framework| Shareholder Look| Operational Effectiveness| Organizational Learning| Customer targeting| Proton|  · Volume, revenue, gross margin by technology segment and market segment · Revenue and turnover by geographical segment (Asia, Europe, Middle East, Africa and Pacific) · Revenue and turnover by business domain such as capital, industrial and government. |  · Wholly-owned subsidiary Lotus Engineering UK – leading automotive engineering consultancy company · Application of Information Technology in the R;D and auto development|  · % of sales from new echnology and models; · Training as a % of sales;|  · Customer market share by tier · Profitability by customer tier · Customer satisfaction by tier| Strategic and Integrated Partner companies|  · Volume, revenue, turnover, gross margin by individual client · Year over year sales and turnovers grow th by individual clients; · Return on business relationship investment|  · Cost to serve clients;|  · Number of clients on each country and partner; · Return on investment on collaboration tools per selected clients; · Return on % revenue on the center of excellence establishment|  · Customer satisfaction; · Joint revenue and turnover from complementor relationship · Relationship| Body Shopper|  · Volume, revenue, turnover, gross margin by individual clients; · Return on investment per head; · % revenue and sales from new clients|  · Time needed in order to complete the transaction from start to finish per model or project; · Idle time of engineering; · Return on investment on collaboration; · % of revenue, volume, earnings by different channels:o Referral by clients;o Direct selling;o Cross selling · Cost of training per project|  · Cost of the collaboration tool in order to facilitate transfer of knowledge|  · Cost to serve clients per channel;à ‚ · Customer satisfaction on the models, relationship and cost of products. | Adopted from: (Core. org n. d. ) * Finance Management * Small business account _ Custom Essay Writing Australia Send us your essay instructions. 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