Saturday, August 31, 2019

Legal Structures The Sole Trader Economics Essay

The exclusive bargainer is a concern owned by one person who is freelance and why may, in some instances, employ other people on a full clip or a portion clip footing. Normally utilizing personal financess to get down concern, the exclusive bargainer decides on the type of goods or services to be produced, where the concern is to be located, what capital is required, what staff ( if any ) to use, what the mark market should be a host of other facets concerned with the constitution and running of the endeavor. In the United Kingdom about 80 per cent of all concern is exclusive bargainers. The ground for this predomination is the comparative easiness with which an person can set up a concern this type. These types of concern are people, who working in edifice, little stores, independent agents etc. The partnership is when two or more persons set up a concern which they own. The spouses have unlimited personal liability both jointly and independently. A The liability of limited spouses is limited to their investing in the partnership. Under the jurisprudence, partnerships are limited to 20 or less spouses. Partnership companies normally have written contracts between spouses, but that ‘s non necessary. This states the type of partnership it is, how much capital each party has contributed, and how net incomes and losingss will be shared. The typical illustrations of partnerships are physicians, tooth doctors and solicitors.A They can profit from shared expertness, but like the exclusive bargainer, have unlimited liability. Limited companies are companies which are registered at Companies House- www.companieshouse.gov.uk. It is a legal entity or legal individual with its ain legal rights and duties, separate and distinguishable from those of its members. All belongings, which is registered on company, belongs to company and is non treated as belonging to the company ‘s stockholders and managers. The benefit of limited company is that is offers limited liability to its members. The company as a separate legal entity is apt for its debts and the members and managers are non personally apt unless they have acted wrongly in some manner. There are two types of limited companies as public limited companies ( PLCs ) and private limited companies ( Limited, LTD ) . The huge bulk of trading companies are private companies limited by portions. Many private companies are really little. There is no minimal capital required for private company and it ‘s normally less than 100? . A private company may non offer portions to the populace. For illustration it can be any store, saloon, building company etc. PLC is company whichA is appropriate for larger concerns where portions are intended to be available to the general populace. A public company must hold a minimal portion capital of ?50,000, of which at least one-quarter plus any portion premium must be paid up before the company can obtain its trading certification from Companies House and get down trading. This is the lone type of company which may raise capital by offering portions to the populace. For illustration it ‘s some supermarket concatenation, bringing company or air hoses company. Consumer co-operative societies are administrations owned by consumers which aim is carry throughing demands and aspirations of their members. They operate in market system independently from the province as common assistance, oriented to service instead than do a profit.A Consumer ‘s co-ops frequently take the signifier of retail mercantile establishments owned and operated by their consumers, such asA nutrient co-ops, wellness attention, insurance, A lodging, A utilitiesA and personal finance. Workers ‘ co-operatives are administrations in which ownership and control of the assets are in the custodies of the people who working in it. They have the aim of making and keeping sustainable occupations and bring forthing wealth, to better the quality of life of the worker-members, ennoble human work, allow workers democratic self-management and promote community and local development. The chief rules of the administrations are democracy, unfastened rank, societal duty, common co-operation and trust, aid to distinguish co-operative from other signifiers of concern administrations. Public corporations are legal entities created by authorities to set about commercial activities behalf of an proprietor authorities. In the populace sector the province owns assets in assorted signifiers, which it uses to supply a scope of goods and services felt to be of benefit to its citizens. These province corporations an of import portion of the public sector of the economic system and they are really important to national end product, employment and investing. These public corporations are infirmaries, municipal H2O companies, rail services etc. Municipal endeavors are concerns owned by local public governments that provide services and frequently gross in metropoliss across UK. Increasingly, local authoritiess have turned to municipal endeavor to both raise gross and advance local occupations and economic stableness by developing a more diversified base of locally controlled wealth. TheA map of their function is to supply public services such as instruction, lodging, roads, societal services etc.Administrations aims and stakeholdersThe chief organizational aim of for-profit administration is to do more net income. Aims and aims set up where the concern would wish to be in the hereafter, assisting to command their programs, motivate staff and give everyone sense of way. Any determination made within the administration should be in line with their purposes and aims. The aims are influence by assorted stakeholders, every bit good as the nature of the concern. Different stakeholder groups will hold different aims to fulfill the ir involvements. Aims can be: corporate which affect the whole concern, departmental aims that are for a certain country of concern and single aims are used in public presentation assessment for employees. Employees- pay degrees ; working conditions ; occupation security ; personal development Managers- occupation security ; position ; personal power ; organizational profitableness ; growing of the administration Shareholders- market value of investing ; dividends ; security of investing ; liquidness of investing Creditors- security of loan ; involvement of loan ; liquidness of investing Suppliers- security of contract ; regular payment ; growing of administration ; market development Society- safe merchandises ; environmental sensitiveness ; equal chances ; turning away of favoritismDuties of an administrationEvery company, concern, section has a responsibility and remit to supply a service. An administration must run within the boundaries of the jurisprudence. Reputation and trust are everything, and a consumer ca n't hold trust or religion in your ability to present if you ca n't turn out and warrant you ‘re legitimacy. An administration must besides hold rigorous fiscal control. Recruitment is vitally of import. Administrations need dependable workers who have enthusiasm, but besides intelligence ; workers that are able to be originative but besides to take advice and review from direction. Besides administrations are responsible for wellness and safety of their employees. They need to supply safe working environment and equipment.How economic systems effort to apportion resources efficaciouslyThere are three sorts of economic system which are fundamenta lly adopted by the different states. They are: free market, centrally planned, assorted market. Free market economic system: The intercession of authorities is kept at a minimal degree or neglected in free market system and all the economic sciences resources comes under the private sectors every bit good market. Price mechanism will find how much of goods or services will be supplied harmonizing to the market demands. Most determinations are based on market mechanism. The supply, demand and ability play the critical function in market determination doing. As per looking at the free market system it raises the assorted unresolved inquiries like who will bring forth the goods and services and substructures for the state to run into the demands of every populace. Centrally planned economic system system: Centrally planned economic system refers that authorities allocates the economic resources ; authorities makes all the planning sing the economical activities. Private sectors are kept far off in engagement of any economical accretion. These sorts of economic sciences were found in the Asian, cardinal Europe, Eastern Europe and Latin American states but now these are found in Cuba, Iraq, Iran, North Korea etc. In these systems fundamentally unemployment jobs will non be faced since authorities program all the economical activities and resources will be allocated based demands of its people and different industries inputs. Mixed economic system system: This system is a mixture of all other systems. The system where both capitalist economy and socialism economic system are included it is known as assorted economic system. Mixed economic system splits the available economic resources available in the state to both private sectors and authorities. Private sectors are encouraged to acquire involved and take part in using the resources which helps to derive economic net income for whole state. States like USA, UK, Russia and China to states like Cambodia, Peru and Vietnam has adopted this economic system. When one fails to run into the public desire other can acquire it and helps to keep the economic balance non merely in the peculiar state but besides the whole state.The impact of financial and pecuniary policy on concern administrations and their activitiesFiscal policy determinations have a widespread consequence on the mundane determinations and behavior of single families and concerns. Basically financ ial policy means how authorities revenue enhancements us and how it spends the money. Lower revenue enhancements mean more disposable income for consumers and more hard currency for concerns to put in occupations and equipment. Stimulus-spending plans, which are short term in nature and frequently affect substructure undertakings, can besides assist thrust concern demand by making short term occupations. Increasing income or ingestion revenue enhancements normally mean less disposable income, which, over clip, can slow concern activity. Monetary policy impact alterations in short term involvement rates influence long term involvement rates, such as mortgage rates. Low involvement rates mean lower involvement disbursal for concerns and higher disposable income for consumers. This combination means higher concern net incomes. Lower mortgage rates may spur more place purchasing activity, which is normally good for the building industry. Lower rates besides mean more refinancing of bing mortgages, which may besides enable consumers to see other purchases. High involvement rates can hold the opposite impact for concerns: higher involvement disbursals, lower gross revenues and lower net incomes. Interest-rate alterations can impact stock monetary values, which can impact consumer disbursement.Apple IncMarket construction is figure of houses bring forthing indistinguishable merchandise homogeneous. Monopolistic competition where there is a big figure of houses, each holding a little proportion of the market portion and somewhat differentiated merchandises. They take the monetary values of other rivals as given and disregard the impact of its ain monetary values of other houses. The figure of houses and end product determines supply and demand. For illustration: Coke and Pepsi ; toothpaste ; shaving froths like Gillette and Dove. Oligopoly is when a little figure of houses control the market. Then normally monetary values of merchandises or services are high. Industries which are illustrations of oligopolies include: Steel industry, aluminum, movie, telecasting, cell phone, gas, electricity. Duopoly is a particular instance of an oligopoly with two houses. Monopsony when there is one purchaser faces with many Sellerss. Oligopsony, a market where many Sellerss can be present but meet merely a few purchasers. Monopoly, where there is merely one supplier of a merchandise or service. For illustration it was Microsoft Company in U.S. Natural monopoly is when house is a natural monopoly if it is able to function the full market demand at a lower cost than any combination of two or more smaller, more specialised houses. Perfect competition a theoretical market construction that features no barriers to entry, an limitless figure of manufacturers and consumers, and a absolutely elastic demand curve.Supply and DemandSupply and demand are the forces that make market economic systems work. They determine the measure of each good produced and the monetary value at which it is sold. A market is a group of purchasers and Sellerss of a peculiar good or service. The purchasers as a group determine the demand for the merchandise, and the Sellerss as a group determine the supply of the merchandise. For illustration, if oil monetary values rises so monetary value of bringing services rise and the monetary value of the goods every bit good. When summer is end and tourer season is finished so monetary values of hotel suites goes down. If grape crop is bad one twelvemonth so monetary values of vino will be higher in following twelvemonth.Apple Iraqi National CongressSignificance of international trade to UK concern administrationsSome of the cardinal trade goods in which the UK trades are manufactured goods, drinks, fuels and chemicals. Harmonizing to a World Trade Organization ( WTO ) study published in 2008, the UK has retained its place as the universe ‘s largest commercial services exporter. Furthermore, with the UK entering a net income of $ 263 billion in the commercial services sector, the state continues to be the universe ‘s 2nd largest supplier of these services. UK trade consists of the motion of goods and services within the European Union, of which it is a member, and to non-EU states. International trade in the UK is assisted by UK Trade & A ; Investment ( UKTI ) . This authorities organisation focuses on heightening the fight of United kingdom companies through abroad trade and investings. It besides aims at go oning to pull high-quality foreign direct investing ( FDI ) . In order to pull foreign concerns and foreign investing, the British authorities has adopted a assortment of plans. For case, the Parliament allows local and regional authoritiess to set up endeavor zones. In these zones, companies receive freedoms from belongings revenue enhancements and reimbursement for costs involved in the building of new mills or concern locations. There are besides plans that provide inducements for companies to turn up in economically down urban countries that are known as â€Å" Assisted Areas. † In 1998, the entire value of these plans was US $ 315 million. There are 7 free trade zones in the United Kingdom ( Birmingham, Humberside, Liverpool, Prestwick, Sheerness, Southampton, and Tilbury ) . These zones allow goods to be stored for cargo without duties or import responsibilities.The impact of planetary factors on UK concern organisationsInternational trade and the UK economic system: UK concerns will see international trade growing accelerate from 2014 as the planetary economic system ends a period of growing contraction, harmonizing to HSBC. There are cardinal alterations taking topographic point in universe trade, UK exports to China and to India grew by 21 % and 37 % severally in 2011 and HSBC estimates that it processed around one tierce of these by value. Market chances: Evaluating markets and future tendencies can be a major challenge for any concern. New market chances jumping from a scope of possible beginnings and vary in their size, importance, and hazard. New demographic or perpendicular industry sections New geographic parts Alternate offerings of service theoretical accounts, supplies, and other rentes World Trade Organisation ( WTO ) is the lone international bureau supervising the regulations of international trade. It polices free trade understandings, settees trade differences between authoritiess and organises trade dialogues.4.3The impact of policies of the EU on UK concern administrationsThe United Kingdom is a member of the European Union but is n't portion of the individual currency, the Euro. Free trade – The EU is a trade axis which means there are no quotas or duties for companies exporting goods and services within the EU. European statute law is meant to do it easier for UK concerns to merchandise across the EU ‘s 27 provinces. The internal market – the individual market means UK citizens are free to travel, live, survey and trade anyplace within the EU.

Friday, August 30, 2019

Influence of Religion on Developing Societies Essay

Religion has always had some influence on civilization. From the past to the present it has shaped the way civilizations interact, communicate and even fight wars. Religion started out with the different complex societies instilling their rules upon families and then allowing those kinds of families to organize into local government systems. Religion influenced economies to flourish and expand so that trade could be developing thus reducing the threat of war among empires. The importance of religion could never be under stated because it’s influence on politics and the different ethnic groups. However the three religions that have affected civilizations throughout the existence of man have been Islam, Judaism and Christianity. I hope to show how those religions shaped the minds of philosophers, scientists and priests throughout the existence of human beings. In my research I also hope to show how religion forced communities to bond with one another in other to worship God the way they would like without the infringing upon someone else views and I hope to show how conflict influenced the politics of every society. This would reveal how religion plays a big part of our lives whether we believe in God or not. This research also will show how religion influences our present world. The three religious beliefs all do their part to establish a foundation in man’s heart to build a better society, culture and communications with one another. Religion will always influence our beliefs, our civilization, and our moral values. Without Religion societies are dead in the water. Islam is an important part of today’s society and culture. Islam is one of the fastest growing religions in our world. From generation to generation this religion has influenced much of the Muslim countries such as those in the Middle East, Europe and even in the United States. Many in the Jewish and Christian communities consider the Muslim religion as being a reason why there is also conflict in the Middle East over a tiny piece of land called Palestine. This was a land in which religion played an important role in the boundaries and communities that existed during that era. However throughout history, the Islamic religion has been in conflict with other religions that were called â€Å"Infidels† because of their unbelievers in following teachings of the Quran as inspired by Muhammad. This has been the main conflict of the religion of the Islamic with other religions and faiths. Mohammad Nafissi (2005) points out: The ideal type of reformation proposed here is capacions enough no include both Christianity and Islam, but it is also sufficiently determinate to retain and explain the distinctive trajectory of Islam and Islamic reformism. At present certain explicit Koranic injunctions and aspects of the Prophet’s tradition, sunna, and the orthodox Islamic law, sharia which purports to synthesize both as a comprehensive set of lasting rules of conduct, apparently stand opposed to central tenants of modernity, gender equality, and equality in law and rights between Muslims and non-Muslims or separation of religion and state. The suggest a prima facie case for the view that Islam is an obstacle to modernity, democracy, and economic progress. (p. 3) Muhammad was influence by some elements of Judaism and Christianity. Both of those religions believed in Monotheism and this had an impact upon the thinking of Muhammad who also taught again idolatry. However Muhammad believed that Jesus Christ was an ordinary prophet just like Peter, Paul and others. Mohammad Nafissi (2005) further notes: The centerpiece of the Islamic reform of Judaism and Christianity was a rationalizing agenda that synthesized them as what can be accurately described as a Judeo-Christianity that anticipated Protestantism in some areas and went beyond it at least in one crucial respect, Mohammad did not deny the ministries of Moses and the Jesus, but claimed to have been sent to purify the corrupted Judaism and Christianity at the time. Jesus was a prophet, but to worship him as a divine was precisely the mark of pagan magic, ignorance, and neglect of the one supreme God that had sent Mohammad and all the preceding prophets. p. 7) This ancient view has been the origin of conflict against Judaism and Christianity to the 21st century. It has caused cultures to collide against each other and millions of innocent people have suffered hardships due to wars, terrorists, bombings, and commendations. Islam is specially has a hatred of Jewish people because of their claims to be God’s chosen people. (Evangeliou, 2003) The Jewish has been the center piece of the nation of Israel for centuries. The nation is one of the tiniest on the planted however it is one of the strongest military and intelligent people in society. Their culture has been studied and copied for ages. Judaism is a religion that can be traced back to the Jewish people that believed in the worship of one God. History showed that in those ancient times many complex societies worshiped different deities. This led to many different groups and communities that had placed status, magic and other strange views that influenced events in that era. Judaism is known in our present society because of the â€Å"first chapter of both the Jewish Torah and the Christian Bible†. (Sanders, et al. , 2006, p. 6) It is also noted the accounts of several events that end up shaping the world then and now. The monotheism belief influenced the heart and spirit of many in the Jewish culture. This is extremely important because of how it was able to grow in influence throughout the ancient world to the world that we live in today. Historical accounts of the Judaism reveal many concepts and practices that many cultures and civilizations still uses today. An example would be the eating of certain kinds of meats for dietary bases; the military planning that enable a young lad name David to defeat the great Philistine champion names Goliath. pg. 72) The development of many methods to help understand our universe and the environment all come gets its foundation from Judaism. The role of religion played in influencing the Jewish woman in loving their family and devoting their lives to God and their homes. Politically, religion was the foundation that influences one section of the tribes of Israel to break from tradition and form their own government. (Para. 2) Religion also influenced economies in the Jewish civilizations. Complex societies were formed that religion could dictate to the rule of law and expand their beliefs to other societies. In my studies I found that the concept of many of the complex Judean societies formed cities and states to maintain some order and to create a form of government that would follow the principles of the Torah that was given by Yahweh. (Bentley, et al. , 2008) Religion influence how the Jewish people traveled and intermingle with other ethnical groups in different parts of the ancient world. However there was another religion that has its part in the influencing its faith into the ancient world. Christianity is the best known for impact upon the world in the ancient era through our present. Christianity is a religion can be traced as far back as the first century. This religion centers on the life Jesus Christ and the early church. It is the belief that Jesus Christ was the son of God who came upon the earth to sacrifice his life to save man from their sins and have everlasting life. This doctrine is unlike from what the Jewish and Islam beliefs are. The Judaism religion still awaits their king to come and save them from this world while Islam followers have a firm belief of Muhammad as being a prophet with the same divinity as Jesus Christ. When you look at the history of Christianity as it is written, accounts indicate that Christianity formed societies, complex communities, armies, and economies all over the world. What I found so interesting was how fast Christianity was able to spread in parts of Europe, Asia, Northern Africa and finally to America. This doctrine affected how people lived, interact, and worked to support themselves. The belief that Christianity offered a deliverance from a world of wars, conflict, diseases, sin, and intolerance is the driving force behind Jesus Christ. Researcher has found that Christianity started around the first century C. E. (Sanders, et al. , 2006 p. 221) The Jewish sects didn’t like how the Roman Empire how they took control of Palestine. (Para. 2). This led to a new to a new religion and the need to have written records pertaining to the words of Jesus Christ. (Pg. 222) History indicates that a Jew named Saul who was â€Å"trained as a rabbi and scholarly religious leader in the Jewish tradition† (Sanders, et al. , 2006 Para. 1) was converted to Christianity on the road to Damascus. After the vision, Saul followed God’s word and changed his name to Paul and became was instrumental in testifying about his experience and converting both Gentiles and Jews to the new religion. What Christianity done is to give communities a foundation to build a culture, government, and economy based on Christian principles. Christianity was somewhat different than Islam and Judaism because it didn’t teach to judge people but allow God to be the one who would judge individuals by the way that person lives his/her life. Some fractions of Islam have a firm belief in going to heaven if they kill innocent people for being unbelievers. This is what makes Christianity stand out among others in the world. Christianity is a bridge to God not to wage war against unbelievers or to force people in communities convert but give the world a new religion based on love, peace and the vision of being delivered from sin. In every era Christianity has influenced the changing of cultures, economies and governments. The role of government in modern times have all developed on the foundation of three principles, either you are of Jewish, Islamic or Christian faiths. Many wars and conflicts have resulted because of the views of their religion beliefs. Scholars and theorists have often debate about the role of religion in the lives of society. This has caused a battle between the three main faiths in today’s societies. Scott Thomas (2002) notes† One of the main debates among theorists of the international relationships is the nature of The social bonds that hold states together as an international society. This debate has Brought together theorists of the otherwise sharply contending schools of neorealist Structuralism. The current versions of the traditions of Thucydides, Machiavelli, Hobbes, And Rousseau) and of neoliberal institutionalism (the contemporary forms of traditions From Grotius, Kant, Bentham, and Rawls). (Pg. 110) This debate involves the resurgence of religion that is dictating the modularization of our global world. It is affecting how we eat, work, build, socialize, and communicate with others. This resurgence is gro wing so fast that it will eventually become one religion. Christianity will be the religion that will dominate the world in our present and generations to come. People see and form their own opinions about religion. When religion can provide a better life for poor, the elderly, the family structure, and then it will achieve it desire. For the worship of God is for the needy, downcast and others that long for a change in their lives. Christianity is the religion that is best suited for the masses. Research indicates, that when communities feel comfortable about being able to worship they have a desire to live better lives, work harder , form interpersonal relationships and become productive in society. Many political leaders throughout the ages have made promises of wealth, religious freedom and equality for all however this has not been the case. Thomas (2002) writes â€Å"The failure of this modernizing mythology to produce what is promised, and the failure of the modernizing secular states it engendered, is evident in what is identified as â€Å"Political decay,† (Para. 5) It is a known fact that people do not trust the words of politicians anymore. This is the reason for the resurgence of Christianity in our communities. If there is no form of Christian beliefs to revive our culture and communities, we are going to suffer a long period of hardships, wars, and famine in our lands. The role of Christianity can help reshape the family structure to re include God in every our lives, educate our children and provide a sense of comfort to individuals that need comfort. It will force government to acknowledge how important Christianity is in establishing a good economy and providing human rights to its people. This is the one religion that can bring communities together and enable fellowship by the methods of salvation through Jesus Christ. Without this happening, the world would be without any laws or righteous government to run it. In other words, societies would be dead in the water.

Thursday, August 29, 2019

Messi

Jahaziel Bonfil? COMS 151 Lionel Andres Messi? To inform the class who Lionel Andres Messi is? Thesis statement: Introduction (Short little Clip) (10 sec) Lionel Andres Messi is a professional soccer player who plays for La Liga in club FC Barcelona and is the captain of the Argentina national team. He is consider to be one of the world greatest soccer player of all time.? IV. Preview of main points. I WILL BE TALKING ABOUT HIS LIFE, HIS ROAD TO SUCCESS, AND HIS ACHIEVEMENTS A. HISTORY -Origin: Born June 24, 1987 in Rosario, Santa Fe, Argentina. -Family: His father Jorge Messi; His mother Celia.Lionel was the third of the couple’s three boys—his older brothers are named Matias and Rodrigo. Lionel also has a sister, Maria Sol. -Beginning of soccer: All three boys played, and Jorge coached a local youth team. Lionel joined his dad’s club at the age of five. He was extremely small for his age but extremely talented as well. Lionel showed enough at the youth-soccer l evel to earn a development spot with the top local club, Newell’s Old Boys. He joined the team at the age of eight. Transition: The problem, of course, was his size. While teammates the same age grew an inch or two each year, Lionel’s progress was painfully slow.B. ROAD TO SUCCESS -His â€Å"small† problem: After Lionel turned 11, the Messi's were informed by doctors that their talented son had a hormone deficiency. Growth hormone therapy would cost between $500 and $1,000 a month. Even do Club Atletico River Plate was at first was interested they could not afford such treatment. The only other team they at connections with was FC Barcelona but that would be asking too much. -Barcelona Trials: FC Barcelona's director, Carles Rexach, had heard about the boy’s talent through the Messi’s relatives in Catalonia and was un afraid by the price tag of growth hormone therapy. Jorge and Lionel traveled o Spain, and Rexach granted the boy a tryout. He passed and joined La Massia , Barcelonas youth academy soccer program. Lionel joined Barcelona’s U-14 squad and became the best player on the team. As he learned the nuances of the game, he moved rapidly through the organization, joining the C team and then the B team before earning a spot with the club's A team. Lionel made his debut for FC Barcelona in a non-league game against FC Porto in November of 2003. He was six months pat his 16th birthday. (10 SEC of Messi taking on players and scoring) C. ACHIEVEMENTS (2min)SHOW PICTURES OF ACHIEVEMENT THROUGH POWERPOINT Debut:  RCD Espanyol-FC Barcelona (0-1, League), 16/10/2004 -On May 1, 2005, he became the youngest player ever to score a league goal for FC Barcelona – against Albacete when Messi was only 17 years, 10 months and 7 days old – At the Under 20 World Cup in Holland, Messi not only won the title with Argentina, but was also the leading goalscorer and was voted best player in the tournament. -His breakthroug h came in the 2005-06 season -On May 1, 2005, he became the youngest player ever to score a league goal for FC Barcelona – against Albacete when Messi was only 17 years, 10 months and 7 days old He continued to develop in the 2007/08 campaign, when he scored 16 goals and gave 10 assists in the 40 games he played in. -In the summer of 2008 he also played at the Beijing Olympics, and came home with a gold medal. -In the 2008/09 season, and now without Ronaldinho alongside him, Messi became the main star of the Barca show. -He managed to stay injury free all season, and played 51 games, scoring 38 goals. -In 2009, he finally won both the FIFA World Player and Ballon d’Or. -How far can Leo Messi go? He was the league's top scorer in the 2009-10 season and equalled Ronaldo's historic total of 34 goals (96-97).He scored the goal against Estudiantes that won Barca the Club's first World Club Cup. -But without settling for that, the Argentinian went even further in the 2010/11 season, scoring no fewer than 53 official goals, a Spanish record only matched by Cristiano Ronaldo (that very same season) -In 2011, he also won the Ballon d’Or for the third time -In the season 2011/12 Messi moves past Cesar Rodriguez's record of 232 goals to become the Club's all time top goalscorer. -Messi is also captain of the Argentina national and has played in two World Cups (2006 and 2010) and two Copa Americas (2007 and 2011).Transition: To wrap things up I just want to say he his only 25 years. He still as more to give and more to receive. One of the biggest soccer events is about to start, World Cup 2014 his going to be and no doubt he will be in the spotlight. Conclusion: Although it is still too early to tell we can surely say we are looking at legend in the making Works Cited? owl. english. purdue. edu â€Å"Lionel Messi Worlds Greatest Player. † Dailymotion. N. p. , n. d. Web. 23 Oct. 2012. . â€Å"Lionel MESSI. † FIFA. com. N. p. , n. d. Web. 23 Oct. 2012. . â€Å"Messi 10. † Messi. N. p. , n. d. Web. 23 Oct. 2012. .

Wednesday, August 28, 2019

Short essay Example | Topics and Well Written Essays - 500 words - 3

Short - Essay Example These countries portray in their films a lot about their festivals and ceremonies (Pickowicz 8). This tells us how festive these countries are. Chinese films also show the heroic struggle of the Chinese soldiers who reached their destination in the 1930s after the long march. An example of this is the Chinese movie named â€Å"The Long March†. The way Chinese films are made tells us that China has a strong film industry with talented actors. Russian films, like â€Å"Faust† by Alexander Sokurov, talk more about battles and wars, and portray the Russian history. Arabian films have their own special portrayal of beauty and culture. Arabian films, like â€Å"The Only Way Out† by director Haifaa Mainsour, talk about domestic problems of Arabian people. However, the way Arabian films are made shows that this country lacks a formal film industry, which is surely due to the conditions of Islam. Moreover, if we talk about German films, most of them portray the humorous n ature of the Germans which they are famous for. German comedy movies, like â€Å"Miss Congeniality 2 - Armed and Fabulous† and â€Å"The Edukators†, show the sense of humor Germans possess. Talking about Hollywood as another good example, films of USA show that a female is more like a sex symbol (Hollinger 281). Females are considered as the weaker and corrupt gender. Films like â€Å"Fatal Attraction† released in 1987 show that the real place of women is at home. Hollywood movies also talk about racism, which shows that the society of USA is affected by the harmful aspect of racism. Films, like â€Å"Crash† by Paul Haggis portray the issues of race and gender. Crash revolves around characters of different races falling into each other and realizing at the end that racial discrimination should be ended. Hollywood films are also famous for their action-adventure and catastrophe movies like â€Å"2012†. 2012 is a final action-adventure and a thrilled journey of human

Tuesday, August 27, 2019

Changes in Leadership and CEO Succession slp Assignment

Changes in Leadership and CEO Succession slp - Assignment Example It had all worked out very well and everybody was used to the way things were being run for the last twenty years. This was also possible because the company had been only manufacturing one product. With time, however, the company branched into other products and the company grew bigger putting a strain on the finance department to perform both roles of human resource and finance as it had always done. Tensions started between departments and the finance office due to delays in processing as the department was understaffed. There were delays in supply procurement, staff requests and other general work requirements. In hindsight, these issues could have been solved very amicably through adding more staff to the department and assigning the different responsibilities to individual persons in the department. Unfortunately, the finance department as a unit took the many complaints against it as an all out war set out to discredit the department when the matter was raised at a general sta ff meeting. The finance department developed very fierce hostility towards all the other departments in the company. The senior management of the company put the finance director on a six-month compulsory leave pending investigations. He refused to comply with the decision and reported as usual to the office refusing to hand over anything. His contract was terminated and, the department was divided into two departments. This was the human resource and finance departments with two new mangers to led them. Nearly everybody was happy with the management’s decision to remove the finance director. However, there was a lot of confusion and quite a number of crises that surrounded that action. It would have worked out better for the management if they had worked out the changes needed in the company after the Lewin’s model of organizational change and transition (Lippitt, 1958). The company would have had time to weigh the pros and

Ethical fashion Essay Example | Topics and Well Written Essays - 750 words

Ethical fashion - Essay Example Consumers have certain expectations about particular product or service offerings (De la Merced, 2011). In line with this, their main concern is to acquire a product or service offering which is in line with their expectation in order to satisfy their needs. Consumers therefore focus on what they can get. This is a self-centered approach because they believe they always have the right to demand for the best. In reality, they do not care so much how the product was produced for as long as they will ultimately receive one with best quality at a reasonable cost and substantially good quality. In fact, this is further illustrated how the modern marketing approach continues to give high priority on creating certain value for customers. The modern marketing techniques ensure how to create needs for customers. In line with this, modern marketers are after of how they could specifically create a need for their product or service offerings especially in the fashion industry (Young, 2011; Oliv er, 2011). As a result, customers end up with various choices and options. They could even essentially look out for the best, but one thing for sure is clear about this, they could also demand for what is best for them. The market has become customer-centered, as customers become highly sophisticated in understanding their rights, which definitely leaves a highly competitive market with various key players trying to win as many customers as possible. This gives the opportunity for customers to have high expectations on certain products. However, the point of understanding how and who created the product would seldom come to mind. Customers care most about the kind of service given to them which particularly involves the cost (Wilson, 2011). As a result, it is not an integral part of their expectations to understand the entire process of how the product or service offering was formed, but on how much value they could get in return of the monetary value they

Monday, August 26, 2019

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

SOCIOLINGUISTICS - Essay Example However, quantitative study is the ideal methodology in studying variations in English language as a second language because it clearly outlines effects of language transfer. There have been a number of notable studies in the field of sociolinguistics from the view of English as a second language. However, in this case the main focus is on two studies. The first one was conducted in New York City by William Labov where he investigated the variations in pronouncing variable /r/. Labov argued that New Yorkers, especially the young people, had developed a tendency of pronouncing /r/ variable after vowels in their speech. This case would probably occur while pronouncing words like floor and fourth. Labov conducted his research in three stores in the city which included S. Klein, Saks, and Macy’s. His approach in testing these hypotheses involved face to face interviews with the store employees. He repetitively asked for directions to departments in the fourth floor and intentional ly made the respondent to repeat â€Å"fourth floor† pretending not to have heard it the first time (Wardhaugh, 2006). Moreover, the research involved a number of social factors such as social-classes ranging from high, middle, to low class. Labov found out that a significant number of employees in all the three stores never used variable /r/ in the first respond. The results of those employees who never used variable /r/ reflected 79 percent in S. Klein, 38 percent in Saks and 49 percent in Macy’s. However, in the second or third response of same words, the percentage of those using variable /r/ increased. The research also showed that variable /r/ was mostly observed while pronouncing â€Å"floor† than â€Å"fourth†. These in relation to individuals using English as a second language shows that there are higher possibilities of such individuals using /r/ variable in most cases. Labov further examined the results from the three stores and discovered that young employees, in Saks, used the variable /r/ more compared to elderly employees. On the other hand, Macy’s data showed an increase in the use of /r/ variable with age while S. Klein’s data did not show much variation. These results led Labov to conclude that, there is relatively minimal or no change of pronunciation developed in adolescence regardless of the social-class of an individual (Wardhaugh, 2006). Later, Labov conducted a more compressive research to test the hypothesis on pronunciation of the /r/ variable in relation to social class. He discovered that most upper middle class people in New York value pronunciation of the /r/ variable in words such as guard and car. This is, however, contrary to the history of / r/ variable pronunciation in New York. Use of variable /r/ in New York between eighteenth century and World War II had reduced significantly. Therefore, the only explanation behind the tremendous increase in using /r/ variable in New York would be the influence of immigrants, mostly English second language speakers, moving into the city (Bayley, 2005). Therefore, using English as a second language contributes to variation in the use of language. In this case, Labov interviewed more New Yorker, although this time, they were just required to give their view about the people whose speech differs only in pronunciation of /r/ variable. People between the age group of 0-20 years approved and used more of

Sunday, August 25, 2019

Are cultures converging across the world Essay Example | Topics and Well Written Essays - 2000 words

Are cultures converging across the world - Essay Example Its a process that has been talked about a lot in political and social circles, and on the media, for many years. In most cases, it seems to be concluded that this convergence of cultures is a necessary and unavoidable aspect of the future global environment. A lot of people have said globalization is evil because it increases the current inequality between nations by privileging the nations that behave like the United States and punishing those that try to hold onto their own cultures. It also threatens jobs and living standards for people in all countries either as the talent is pulled from each nation into a shrinking number of openings or as jobs are outsourced to areas that have lower living standards and therefore the people are willing to take lower pay. With the way these cultures are colliding, the natural social progress of every country has been affected. Even though it isnt likely that there is a way to stop this process or to reverse it, it is important to try to underst and how the individual nations and the people in them are changing in good ways and in bad ways to see that the cultures are collapsing. As it became easier and easier to communicate across very long distances and even share files and participate in live, face-to-face meetings with the use of two screens with the internet, businesses and organizations have forced cultures to come together. It is an important part of capitalism to try to increase the productivity of the company at the same time that it tries to reduce the amount of money spent to make that productivity happen. It is for this reason that many corporations have participated in the process of bringing cultures together. They will often outsource their production processes to countries where there are fewer restrictions and they can pay lower and sell the products to countries that have more money so they can charge more for it. â€Å"Global markets offer greater

Saturday, August 24, 2019

Islamic accounting & Financial reporting assignment

Islamic accounting & Financial reporting - Assignment Example However, it has a number of similarities that can be identified. The main difference between these two is can be seen in the focus each of the two standards. For instance, the ijarah contracts as standardized by the AAOFI are geared towards making it possible for the firm to be able to report its income in such a way that it shows the honesty of its operations, especially with regard to the principles outlines in the Quran. The IFRS standards on the other hand focus on the economic aspect of any business transaction between the firm and the customer. This means that minor differences will arise while trying to compare the two statements of accounts prepared by either of the standards. However, this does not lead to a full dichotomy of the two standards but only leads to some minor differences that can be reconciles when preparing he books of accounts. As has been discussed, ijarah is a form of banking arrangement that allows banks and individuals to gain some form of profit after giving a loan to another individual. Instead of the lender charging an interest, they enter into an agreement with the lessee. The agreement is made in a way that allows the lender to gain some profit by the end of the transaction. Basically, ijarah based contracts have two phases (Ismal, 2013). For instance, when a person goes to the banks to take a car loan in a Sharia compliant bank, the bank will finance the purchase of the car and instead of requiring the customer to pay interest, the bank will hire out the car to the customer. The first phase of the contract, there will be an agreement with regard to how long the lease period will last (Karim, 2010). Once the period of the lease is over and the cusromern has aid al the lease charges, the first contract ends the second contract, or the second phase of the ijarah kicks in. This second part of the ija rah is the sale of the car. The value of the car is priced by calculating the residual value of the

Friday, August 23, 2019

A study on the attitudes of Social networking sites in relation to Literature review

A study on the attitudes of Social networking sites in relation to personality types - Literature review Example Some of the most famous social networking sites include Facebook, Orkut, MySpace, Twitter and LinkedIn and these sites allow the people to make their personal profiles free of cost. The basic purpose served by these websites is to facilitate the people to develop their social network and to interact with people however; people join these websites for different reasons. Individuals may have different motives to socialise over the internet. Researchers have found a strong link between social networking site usage and personality types of individuals. They support that individuals who are more open and outgoing are usually more likely to use online social networking sites. The aim of this research is to analyse the attitudes of individuals towards social networking sites in relation to their personality types. This research is really significant to understand whether there is a strong link between social networking sites and personality types or not. This report also analyses the person ality types or traits which appear to be more active in using the online social networking websites. ... Internet and World Wide Web has brought radical changes in our lives by engaging us in communities and designing our own environment. The digital media has provided the consumers new ways to interact with people (Smith, Evans, Batty & Batty, 2002). Social networking is defined as the online community where individuals gather information, develop contacts and interact with other people (Harbaugh, 2010, pp.193). The online social network is become popular among the younger adults to mobilise their network capital through the online websites like Facebook and through these websites they are able to interact with a huge circle of friends and relatives more efficiently and less costly (Gibson et al, 2010). The Web 2.0 technology has spread widely among the people over the last five years and the social networking websites like MySpace and Facebook now attract above than 100 million visitors a month (Chui, Miller & Roberts, 2009). Social networking websites are playing a very important rol e in everyday social interactions and the role of these websites vary across relationships and in some contexts, these websites have supplemented the real-world social networks and in the other context, the existing real-world interactions are mediated by these websites (Evans, Gosling & Carroll, 2008). Early researchers were interested in determining the reasons of success of the online communities. The three kinds of perceived recognition in the online communities include identity, tangible recognition and expertise (Chan, Bhandar & Chan, 2004). However, today researchers are focusing more on personality traits, types and behaviours of the individuals on the online

Thursday, August 22, 2019

Cognitive Coaching Essay Example for Free

Cognitive Coaching Essay The Effects of Cognitive Coaching on Education and in Supporting Teacher Leadership â€Å"Creating a profession of teaching in which teachers have the opportunity for continual learning is the likeliest way to inspire greater achievement for children, especially those for whom education is the only pathway to survival and success† (Sumner, 2011, p. 10). Educators today are required to have a different set of skills to effectively prepare students to be global competitors in the workplace. Educators cannot make these alterations in teaching methodology and instructional delivery without support. Coaches support and encourage teachers, improve teacher strategies, promote teacher reflection, and focus on desired outcomes (Sumner, 2011). A key ingredient for improving student achievement is high quality leadership. Although leadership skills may come naturally for some, most educators need some form of practice and coaching to become high quality leaders (Patti Holzer, 2012). What is Cognitive Coaching? Cognitive coaching is a relationship that is learner-centered, where the person being coached is an active participant in their learning process. The coach is responsible for creating an environment that is sensitive to the participant’s needs, providing ample opportunity for self-reflection which enables the participant to learn from their own unique experiences. Garmston (1993) stated: Cognitive Coaching is a process during which teachers explore the thinking behind their practices. Each person seems to maintain a cognitive map, only partially conscious. In Cognitive Coaching, questions asked by the coach reveal to the teacher areas of that map that may not be complete or consciously developed. When teachers talk out loud about their thinking, their decisions become clearer to them, and their awareness increases (p. 57). The relationship that evolves through cognitive coaching is based on a journey of self-discovery for both the coach and the coached individual. The coach is equally responsible for reflecting and learning from their own experiences in an effort to providing the best guidance to the coached individual throughout their coaching relationship. If mentors are to facilitate learning of their mentees, they can best begin by being in touch with the forces in their own lives (Zachary, 2000). The learning that takes place in stages is the focal point of cognitive coaching. Cognitive coaching uses a three-phase cycle: pre-conference, observation, and post-conference. These cycles are used for the sole purpose of helping the teacher improve instructional effectiveness by becoming more reflective about teaching (Garmston, 1993). Cognitive Coaching asserts that instructional behavior is a reflection of beliefs; teachers must analyze and change their beliefs in order to change their behaviors. Coaches ask teachers to reflect on their beliefs about the classroom to facilitate making changes or improvements (Patti Holzer, 2012). Cognitive Coaching in Education The most valuable asset in the education profession is its human capital – teachers and administrators. Unfortunately, these professionals are typically given limited opportunities throughout their career to enhance their knowledge and skills enabling them to be more effective teachers and leaders. Newly hired recruits into the profession usually receive coaching for a few months during their first year of employment, but the majority will gain experience through their own trial and error. According to Patti Holzer (2012): Professional development opportunities for teachers and administrators who function in a leadership capacity are often too scarce or narrow in focus to cultivate lasting and effective improvement. Most school systems regularly provide teacher educators with just two or three days per year of professional development, typically aimed at improving literacy and mathematics scores. Effective professional development happens when the adult learner connects personally to the new learning. When educators participate in reflective practices that cultivate self-awareness, emotion management, social awareness, and relationship management, they are in a better position to deliver high quality instruction and leadership (p. 264). The education profession can benefit from implementing cognitive coaching as a way of helping teachers and administrators expand their professional development through self-observation, self-reflection, and self-feedback. An analysis of the findings from these factors will help the professional to become aware of their own self-imposed limitations. In education, coaching has traditionally supported teachers in the acquisition of knowledge, skills and abilities that target student achievement (Patti Holzer, 2012). The effects of cognitive coaching on teacher efficacy has been positively correlated to increased student performance. Sumner (2011) offers: Coaching is a key method for helping teachers improve student achievement and school culture. Much of this potential school improvement comes from educating teachers in how to be reflective about their practice and in learning how to establish an equal relationship based on mutual desire to improve. Perhaps most importantly, ―a culture of coaching improves teaching and improves student learning (p.47). While the ultimate goal of cognitive coaching is to help foster change in the thinking patterns and behaviors of the coached individual – the end result of this endeavor is improved student performance. Professional development can only work if it is focused on both student and teacher learning and a culture of support for and valuing of quality staff development is present (Sumner, 2011). Cognitive Coaching Supporting Teacher Leadership Cognitive coaching allows teachers to take ownership of their professional development by encouraging them to be accountable of their cognitive learning process. The self-reflection that is involved in cognitive coaching coupled with professional vision enables teachers to become a catalyst of change both in the classroom and beyond. Patti Holzer (2012) stated: The coaching relationship provides a safe haven for mindful attention to self-change in the areas of self-awareness, self-management, social awareness, and relationship management. It is through this individual process that the teacher and administrative leader positively impact the culture and climate of the classroom and school (p. 270). Every teacher has the capabilities to improve their knowledge and skill and cognitive coaching affords the opportunity of exploration into one’s self, challenging old beliefs and habits, emerging a better, stronger leader. Leadership is not mobilizing others to solve problems we already know how to solve, but to help them confront problems that have never yet been successfully addressed (Fullan, 2007). The reflection learned through cognitive coaching helps develop problem-solving skills as teachers examine their experience, generate alternatives, and evaluate actions. Educators need to model risk taking, open-mindedness, and continuous learning to create schools that are communities of learners (Garmston, 1993). Conclusion â€Å"Effective leaders work on their own and others’ emotional development. There is no greater skill needed for sustainable improvement† (Fullan, 2007). Cognitive coaching enables educators to develop unexplored potential, while expanding their repertoire of teaching methodologies. The implementation of cognitive coaching increases student achievement and teacher efficacy, produce higher order teacher thinking, and provides teacher support (Sumner, 2011). Great schools grow when educators understand that the power of their leadership lies in the strength of their relationships. Strong leadership in schools results from the participation of many people, each leading in his or her own way (Donaldson, 2007). Cognitive coaching is the key to educators’ unlocking their inner power to profoundly impact students’ learning.

Wednesday, August 21, 2019

Freudian Analysis of Melancholia Essay Example for Free

Freudian Analysis of Melancholia Essay The film Melancholia by Lars von Trier gradually develops into the characters depression through their actions and choices that can relate directly to Lars von Triers own depression and unfortunate childhood circumstances. The main protagonist of the movie, Justine, is depressed and this affects everyone around her. Lars von Trier, the writer and director, is depressed was depressed when creating this film and this depression is reflected in Melancholia. Freudian theories relate to Melancholia through Justines life as well as her love life. She is constantly unsatisfied and immediately has an extramarital sexual encounter when she is vulnerable. Freudian theories are demonstrated through the depression from the characters in the movie to the writer. Some of Freudian theories that will be discussed are looking at how some of the character experiences are similar to Lars von Triers past and the Oedipus complex. Lars von Triers past greatly influenced how and what he wrote for Melancholia. Freud said that â€Å"the notion that human beings are motivated, even driven, by desires, fears, needs, and conflicts of which they are unaware† (Tyson, 14-15) indicates Lars von Trier is motivated by his past experiences. The viewer learns quickly that Justine has an unhappiness that constantly affects her daily routine, and she pretends to be someone else when she’s around others. Depression is a common mental disorder that presents with depressed mood, loss of interest or pleasure, feelings of guilt or low self-worth, disturbed sleep or appetite, low energy, and poor concentration. These problems can become chronic or recurrent and lead to substantial impairments in ones ability to take care of their everyday responsibilities. Justine shows signs of depression throughout the film for example, when refusing to take a bath or go riding which she usually she enjoys doing. People with depression tend to be exhausted on a regular basis similar to when Justine left her own wedding party to have a nap. Lars von Trier may have experienced the same symptoms of depression in his personal experiences, as well his childhood might have influenced why he became epressed in his later life which could have possibly enhanced his work for Melancholia. Although Lars was diagnosed with depression in 2007, he had a difficult childhood. He did not know who his biological father was until his mother told him on her death bed. Freud believed that â€Å"our unconscious was influenced by childhood events†. Lars von Trier stated during an interview that â€Å"I come from a family of communist nudists. I was allowed to do or not to do what I like. My parents were not interested in whether I went to school or get drunk on white wine. After a childhood like that, you search for restrictions in your own life. † Lars childhood relates greatly to the character of Justine. Justines parents did not seem to care for her. During Justines wedding, her parents self-absorption is reflected in their speeches about their marriage problems. As well, her parents did not care or take time for her when Justine specifically asked a few times to talk privately to her father and he could not find the time. In the bedroom, Justine was upset and asked her mother for help but her mother was no help at all. Her mom did not seem to care and her father left the wedding leaving only a note saying that he was leaving with another woman and to â€Å"forgive an old fool†. Lars and Justines parents have similar responses to their children of not caring. Claire was distraught and acted out of character, she could no longer organize her thoughts and be as calm around Justine as she was before, alike to Lars thoughts he quoted â€Å"Everything is going to Hell, but we should smile all the way. † (Lars personal quotes on IMDB) Once Justine realized Melancholia was going to hit the earth she became collected and composed. At the end of the movie Justine, Claire and Leo site together, close their eyes and hold hands as Justine had instructed. This is one of the only scenes where Justine actually genuinely smiles. She appears to be at peace and content even though she knows that the end of the world is approaching. This scene relates to Lars quote. Even though Justine knows everything is going to Hell, she is smiling even at the end. Lars mentions the restrictions he puts on his life like Justine not allowing herself to have a happy marriage and accept her husbands love and happiness. Justine becomes very depressed during her wedding and cheats on her newly wedded husband. She will not have a real relationship with her husband but moments later will have a quick sexual encounter with a complete stranger. This relates to Freuds beliefs in the Oedipus complex, a girls desire for her father and anger and jealousy towards her mother. Justines father flirts openly with other women in front of his wife and children at the wedding. Justine has a sexual encounter with a stranger trying to mimic a relationship alike to her fathers. This may have influenced Justines decision to behave dishonestly with her husband even though her husband loved her very much. Justines mother makes a speech during the wedding dinner and expresses her animosity against marriage, while Justine and her sister Claire look at their mother with anger and embarrassment. Justine and Claire disrespect their mother by getting married, knowing to expect her disapproving comments, yet criticize her for it. â€Å"The result is a murderous rage against the Mother and a desire to possess the Father† (1016) Melancholia is about the world ending and in Justine’s small world she is depressed, Citing Freudians Oedipus Complex one can parallel Lars state of depression which is shown throughout the movie. The characters actions mirror Lars von Triers beliefs and experiences through his life and through his depression, which is a huge factor in Melancholia. As well the relationships Justine has reflects the Oedipus Complex through her behaviour and decisions. Therefore Freudian theories relate directly to Melancholia.

Tuesday, August 20, 2019

Responsibilities And Strategies Of HSBC

Responsibilities And Strategies Of HSBC This report mainly focuses on an organizations stakeholders, market conditions and how firms adapt to different business circumstances. An organization needs to identify mission statement, values and key objectives and how these things influence of stakeholders. Environment of business is important to organization. The company should understand their responsibilities and strategies. They should identify the competitive strategies implemented to gain competitive advantage over competitors. An organization should identify the, what respects are perfect competition and what respect are unlike perfect competition. Introduction History HSBC, in 1882, appointed Delmege Reid and Co. the predecessor of the present Delmege Forsyth and Co. Ltd. as its agency in Colombo. In 1884 the islands economy suffered a severe setback when coffee plantations throughout the country were almost totally destroyed by disease. As a result of this and the folding up of the once great Orient Bank, HSBC saw an opening for a corporate bank like itself. In the early 1920s the bank purchased and began construction on land adjoining the Bank of Madras. HSBC moved into its new home at 24, Sir Baron Jayatilaka Mawatha (which it occupies even today), an impressive landmark in Colombos architectural and business landscape. Through the good times and the bad that followed, HSBC supported Sri Lankan businesses. The Chetty Crisis which began in 1927 was so termed because many Chattier business people were forced to default their loans. While the impression was that foreign banks discriminated against Sri Lankans and did not advance monies freely to local businesses, 50 per cent of HSBCs lending during this time was to Indians and Sri Lankans. With the stationing of the British Air Force in parts of Sri Lanka during the Second World War, HSBC became a hub of activity. During this time and until 1956, the Government of Ceylon kept a very substantial revenue account with HSBC. Today, HSBC has become one of the most profitable banks in the country. Technological Innovations As an innovative bank, HSBC has led the Sri Lankan banking industry into the electronic age with the installation of the nations first online automated teller machine (ATM). HSBC was also the first bank to computerize its operations and to establish an Internet Payment Portal. Furthermore, the introduction of phone banking, personal internet banking and the Groups global electronic banking platforms, such as Hexagon and HSBC net, has greatly enhanced the service they deliver to their customers. Listed below are many firsts from HSBC; Installation of Automated Teller Machines (ATMs) in Sri Lanka in 1986 Computerized banking operations in Sri Lanka Electronic DC Advising, a quick and easy way for customers to receive their export Documentary Credit and amendments via e-mail or fax. Introduction of electronic banking via Hexagon in 1994 Introduction of self-service banking through Day and Night Automated Banking Centers in 2004 Launch of state-of-the-art banking, internet based electronic banking platform; HSBC net in 2005 Introduction of Security Tokens for added online protection in 2005 Easy Pay machines to facilitate cash and cheque deposits in 2006 Introduction of toll free telephone banking in 2007 1.1 Mission Statement We live the brand values to passionately deliver world-class customer experiences through a dynamic, motivated and professional team, which demonstrates mutual respect whilst providing innovative solutions and continuously outperforming the market to the most sought-after financial service provider admired by all. 1.1.1Values and key objectives To exceed customer expectations in service quality. To be a pioneer in the implementation of technologies those create distinction for its customers, employees and shareholders. To keep its reliability at the utmost level with the contribution of its strong capital structure and liquid assets. To make a positive contribution to the community. To respect meritocracy during hiring processes, improving knowledge and skills of its employees, creating the mostly preferred work environment. Through its core business principles, HSBC functions to accomplish it objectives. HSBC.com lists these as outstanding customer service; effective and efficient operations; strong capital and liquidity; prudent lending policy; and strict expense discipline. HSBC also stresses that commitment by employees helps to create long-term customer relationships, a keystone of the banks profitability model. HSBC.com states this is accomplished through attention to integrity, ethics and managerial oversight. The HSBC Group is committed to five Core Business Principles: †¢ Outstanding customer service †¢ Effective and efficient operations †¢ Strong capital and liquidity †¢ Conservative lending policy †¢ Strict expense discipline HSBCs commitment to its values has allowed the company to accomplish many of its goals for expansion and profitability, as well as commitment to local investment and excellent customer service. HSBC is designed to be both global and local. Bankers Almanac ranked HSBC as the 14th largest bank in the world, in terms of assets, in 2009. In addition, HSBC is carrying its objectives forward into the Information Age: Global Finance Magazine rated HSBC as one of the worlds best Internet banks for 2009 (Anonymous, 2010) 1.1.2 Products 1.2.0 Stakeholders Analysis Stakeholder analysis is needed for the company to identify its most important stakeholder and understand about group around the organization. It will also tell the company which group has the greatest impact to the company. HSBC Sri Lanka has stakeholders such as Customers, shareholders and employees. All stakeholders are very important to the HSBC. Stakeholders of the organization and their Objectives Stakeholder Objectives Managers/Directors To retain control. To direct major decision making. Employees Good working environment. Motivation and satisfaction. To secure their jobs. Customers To receive good customer service. To obtain good value for money from the goods and services. Shareholders To receive dividends. To share the profitability of the business. To share the share price. Suppliers To continue to sell profitably to the business. To be paid fully for goods supplied. Competitors To compete by all lawful means. To differentiate products from other businesses. Government/Legal Institutions To receive tax revenue from profitable firms. To assist the business in accordance with the local and national policy. 1.2.1 Extent to which HSBC achieves the objectives of its stakeholders. HSBC is a fair trading company and is very concerned about the interests of the stakeholders. The objectives and the targets of the company are set in order to satisfy the stakeholders. HSBC listens to the opinions and expectations of the stakeholders including government, shareholders, and customers into business decision making processes. For example, in 2001, based on concerns around marketing to children and existing science on the age when children identify and understand advertising motives, they prevented from advertising to children under eight years of age where they are the majority of the audience. Cadbury plc has given higher concern to the following stakeholders. Strategies or Ways Implemented to achieve Responsibilities and Stakeholder Objectives An organization is responsible to its stakeholders and is responsible to achieve their objectives. Organizational responsibilities and stakeholder objectives is a combined relationship. Achieving the objectives will make the company successful in fulfilling their responsibilities. Responsibilities of Organizations Employees Customers Shareholders Equality To be safe Right to choose Safety To keep informed Right to access information Employees HSBC recruit the best people not considering of age, gender, disability or ethnicity. They aim to attract employees who will be committed to a long-term career with the Group, offering a competitive reward package and career development opportunities within a strong organization with values. HSBC encourages employees to take part in local volunteering programs. HSBC key community investment initiatives incorporate opportunities for employees to get involved by giving their time and sharing their expertise. HSBC annual Global People Survey acts as a measurement for employee engagement and satisfaction. With a 91% response rate in 2009, their employees take the survey seriously. In 2009, 77% of employees said they felt confident that HSBC is moving in the right direction and 83% said that they were proud to work for HSBC. Shareholders Shareholders are the people who invested money in the company. HSBC is a public limited company and can issue shares in the stock exchange. HSBC engage with their shareholders on an ongoing basis, holding regular meetings with fund managers. In 2009 HSBC ran a program of over 900 meetings with institutional investors, including those with a special interest in the Sustainable and Responsible Investment (SRI) sector. Customer HSBC aims to offer customers around the world a consistently high quality service and experience using the benefits of their scale, geograp0hic reach and strong brand. HSBC aim is always to treat their customers fairly and with respect and they manage their deposits responsibly. Their lending criteria are strict, taking into consideration their customers views they carry out market surveys and communicate directly with their customers on a regular basis. When customers have difficulties making loan or mortgage repayments, they try to do their best to help them. Sometimes this means restructuring or refinancing their debts, and offering counseling on an individual basis. When access to credit became restricted for commercial customers in 2008. HSBC created a new US$ 5billion global working capital fund for small and medium-sized businesses. This was over and above what HSBC would normally expect to lend. 1.4 Competitive strategies implemented to gain competitive advantage over competitors. Technology First to introduce ATM in Sri Lanka Self service paying machine Internet Banking Telephone Banking Customer Convenience Innovation Global research teams/new systems- cost effective Strong global presence Best practices shared and implemented in other areas Products Global presence Products unique- global features/accepted world wide 1.5 Role of the Competition Commission and regulatory bodies. Competition Commission The Competition Commission is a public body which rule on competition issues referred to it by the secretary of state and the Director General. The Competition Commission replaces the MMC, which was dissolved by the Competition Act 1998 and whose functions were transferred to the CC. The Director General may require the CC to investigate and report on whether the actions of a telecommunications operator licensed under the T Act operate, or may be expected to operate, against the public interest and, if so, whether this could be remedied or prevented by modifications of the conditions of its license. The CC would also be responsible for considering any competition concerns arising from mergers and acquisitions of or by winners of WT Act Licenses, if the Secretary of state, acting on the advice of the Director General of Fair Trading refers that merger or acquisition to the CC for investigation. Regulatory Bodies The Department of Trade and Industry (DTI) The Department of Trade Industry is the Government Department responsible for the development of telecommunication policy and the promotion of the telecommunications industry. The Communication and Information Industries directorate of the Department of Trade and Industry deals with national and international policy and regulatory issues, including those affecting the mobile telecommunications market. The department of trade and Industry is responsible for licensing operators to run telecommunication system under the T Act. The Rediocommications Agency (RA) The Rediocommunications Agency is an Executive Agency of the Department of Trade and Industry with responsibility for management of the radio spectrum throughout the UK. The main functions of the Radio communications Agency are formulating policy on the planning and management of the radio spectrum within the UK, co-ordination of UK views and participation in international negotiations on the use of radio, authorizing use of radio by licensing or exemption, formulating technical and operating standards for radio, enforference. The RA is responsible for issuing licenses to use the radio spectrum under the wireless Telegraphy Acts and for monitoring compliance with those licenses and taking enforcement action where necessary. The Office of Telecommunications(OFTEL) The Office of Telecommunications was established by the T Act to support the Director General of Telecommunications in the performance of his duties. The Director General and the Secretary of state have a joint duty to exercise their respective functions under the T Act to secure the provision of telecommunication services throughout the UK and, subject to this, to promote the interests of telecommunications users in respect of the prices charged for, the quality and variety of telecommunication services provided and telecommunication apparatus supplied and to maintain and promote effective competition in the telecommunications market. The Director General has a duty to give the Secretary of state advice and information with respect to licensing of telecommunication systems, at the request of the Secretary of State or where the Director General considers it expedient. OFTEL performs the function of the UKs regulatory authority in telecommunications, monitors compliance with licenses issued under the T Act and takes enforcement action where necessary. The Director General has extensive powers under the T Act, particularly when enforcing or modifying license conditions. If a condition is breached, he can require the license holder to comply by making an order. This is enforceable by third parties or the Director General through civil action. He can also make determinations for example to set out the terms for interconnection between networks where the two operators cannot agree between themselves. The Director General can also require operators or other parties to supply the information needed in order to come to a decision. Task 2 (P3) 2.0 Competition The effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms. There are two main methods in which firms compete. Price Competition. Non-price Competition. 2.1 Competitive Advantage and Competitive Strategies A competitive advantage is an advantage above competitors gained by offering consumers larger price, each by income of lower prices or by providing larger benefits and service that justifies higher prices. There are two types of competitive advantages found by Michael porter. Cost Advantage Competitive Advantage Similar Product Lower cost Differentiation Advantage Higher Price For unique Product 2.2 Strategies to Gain Competitive Advantage Gaining a competitive advantage can provide a business with a distinct advantage over its competitors. There are two basic approaches to gaining a competitive advantage. These are cost leadership and differentiation. These are the strategies that I feel, should be implemented to gain the competitive advantage. Porters five forces Resources based view Generic Strategy Porters Five Forces The model of porters five forces is used to analyze the value of an industry structure. It identifies five primary competitive forces and enables organizations to adapt the business to take advantage of the opportunities and overcome threats and gain a competitive advantage. (12-manage, 2010) These five forces should be analyzed by the company and develop its market on the forces which are weak. For example if the producer is a low cost producer it will choose powerful buyers and sell them only products that are not vulnerable from substitutes. Also a company is able to achieve a competitive advantage by altering theses forces. For example HSBC can put barriers to new entrants by using unique and capital intensive resources that competitors cannot easily copy and also use resources such as patents and trademarks. Competitive Rivalry Threats of New entry Buyer power Threats of Subsitiution Supplier power Competitive Rivelry Strenght of Competition. Similar size competitors. Financial capability of competition. Growth of the Industry. Treat of new entry Economic of scale. Government Policy. Capital Requirement. Treat of Substitution Number of similar products. Substitut availability of the market. Buyer Power Financial strenght og buyer. Number of competitors. Purchasing volume. Supplier Power Number of suppliers. Number of substitute. By using this model the company can see the position of it self in the market. This analysis can be used to adopt a suitable strategy to gain the competitive advantage. Resource-Based View This strategy emphasizes that in order to gain a competitive advantage; a firm should possess two main features. That is firms should have superior resources and capabilities exceeding its competitors. If not the competitors can easily copy what the firm was doing and the company would lose all the benefits. (QuickMBA, 2007) Generic Strategies Michael porter has found three generic strategies into which business operations can be categorized. They are cost leadership, differentiation and focus. Porter emphasizes that high profits or competitive advantage is a result of two features. He states that firm strengths will fall into one of the two headings which are differentiation and cost advantage and the extent these strengths are applied will result in the generic strategies. (QuickMBA, 2007) Generic Strategy Framework Advantage Cost leadership Differentiation Strategy Strategy Broad Narrow Target Low cost Differentiation (Quick MBA, 2007) Cost Leadership Strategy This generic strategy calls for being the low cost producer in an industry for a given level of quality. By producing the products cheaply than the competitors at a given level of quality the firm can sustain a competitive advantage on cost. This would be very advantageous as when an industry matures and prices decline, firms that can produce cheaply will remain profitable for a longer period. (QuickMBA, 2007) Each generic strategy has its risks, including low cost strategy. Differentiation Strategy This strategy calls for the development of goods that offers unique attributes that are valued by customers and that customers perceive to be better than or different from products of the competition. This strategy is producing products which contain unique features and attributes that consumer prefer to have and which are better and can be distinguished from the competitors products. The value added by uniqueness of the product may allow the firm to charge a finest price for it. (QuickMBA, 2007) Focus Strategy This strategy is concentrates on a narrow market or a segment. The firm can target the cost leadership and differentiation strategy on a particular market segment, this will create a focus cost strategy or a focus differentiation strategy. (QuickMBA, 2007) The advantage of a focus strategy is that the firm is able to meet the needs of customers effectively than if a broad market and for that reason customer loyalty increases. 3.0 Market Structures Market structure is the organizational and other characteristics of a market. We focus on those characteristics which affect the nature of competition and pricing but it is important not to place too much emphasis simply on the market share of the existing firms in an industry. Market structures allow us to analyze how much competition there is among firms making a particular product in an industry. There are four main types of market structures with different characteristics in each of them. Perfect Competition Monopoly Monopolistic Oligopoly Perfect competition Perfect competition is a market structure in which an individual firm cannot affect the price of the product it produces. Each firm in the industry is very small relative to the market as a whole, all the firms sell a homogeneous product and firms are free to enter and exit the industry. Competition policy has the objectives of increasing competition in the economy, or of encouraging firms that are not competitive to behave as if they were, in its role as consumer advocate, the competition authority is often responsible for implementing policy directed at outlawing unethical behavior by business. Perfect competitive market has seven distinguishing characteristics. Large number of buyers and sellers A homogeneous product Perfect knowledge Perfect mobility Freedom of entry and exit Absence of non-price competition The firm is a price taker Example of a perfect competitive market In the Maharagama Market there are many characteristics of a perfectly competitive market. All type of vegetables, fruits and other small goods are sold in this market. There are many customers coming to this market to buy goods for cheaper price. In the Maharagama market, many stalls that have the same prices for many vegetables and fruits of the same quality. It is not because they have fixed the prices together before trading. In this type of market consumers will compare the prices of different stalls and purchase from the cheaper stalls for a given quality. In perfect competitive market has no barrier to enter to the market. Monopoly Competition Monopoly is a single seller supplying the entire output of an industry. The demand curve that it faces is the entire industry demand curve for the good or services it sells. The monopolist sells unique products, and extremely high barriers to entry protect it from competition. A natural monopoly arises because of the existences of economies of scale in which the LRAC curve falls indefinitely as production increases. Without government restrictions, economies of scale allow a single firm to produce at a lower cost than any firm producing a smaller output. Smaller firms leave the industry, new firms fear competing with the monopolist, and the result is that a monopoly emerges naturally. Major elements One seller One product Price-maker Barriers to entry Minimal advertising expenditure Example of Monopoly Competition In Sri Lanka monopoly (sole) producer is government. The electricity and water is provided from the government. There are high barriers to entry in to the market. Barriers such as, Limited resources. Cost of production. Patent Therefore any others cannot enter this market. The government sets the price and there are no other producers to manipulate this. They have full control over the market, they are price makers. Monopolistic Competition A market structure in which several or many sellers each produce similar, but slightly differentiated products. Each producer can set its price and quantity without affecting the marketplace as a whole. Monopolistic competition has characteristics of both competition and monopoly. Similar to competition, it has many firms, and free exit and entry. Example of Monopolistic Competition Consider the Soap industry as an example. There are few large producers of soap in Sri Lanka such as Sunlight, Rani, Zinal, Lifebuoy, and Lux etc. There is competition as in perfect competition but products are not the same. These companies have monopoly in the production of its particular product for the reason that no other firm can produce soap carrying the same name. Oligopoly An oligopoly is a market condition in which the production of identical or similar products is concentrated in a few large firms. Oligopolies have characteristics similar to a monopoly. Example of Oligopoly Consider the cell phones industry as an example. The Cell Phones industry is dominated by a few large firms such as Apple, Nokia, LG, Samsung, and Motorola etc. In the Gas production of Sri Lanka there are only two large known producers that is the Shell Gas Company and the Laugfs Gas Company. These two companies have the highest share of the market and there is a low level of competition. Less Market Control More Many Number of competitors One Perfect Competition Monopolistic Oligopoly Monopoly Market Continuum This is Market Continuum. This diagram shows how the structure of the market changes according to the level of the market control and the number of competitors. 4.0 Market forces Forces of demand and supply representing the aggregate influence of self-interested buyers and sellers on price and quantity of the goods and services offered in a market. In general, excess-demand causes prices and quantity of supply to rise, and excess supply causes them to fall. Supply Increase Price increase Demand Increase Demand falls Price falls Supply falls Demand and Supply Demand is the amount of a particular economic good or service that a consumer or group of consumers will want to purchase at a given price. The demand curve is usually downward sloping, since consumers will want to buy more as price decreases. Demand for a good or service is determined by many different factors other than price, such as the price of substitute goods and complementary goods. In extreme cases, demand may be completely unrelated to price, or nearly infinite at a given price. Along with supply, demand is one of the two key determinants of the market price. Supply is the availability of a product or a service in a market. The law of supply states when prices increase the firms would want to supply more. This is because they want to increase their revenues. Movement along the Curve Changes in price will result in a movement along the curve with the fact that other factors remain unchanged due to the changes in quantity demanded or supply. A fall in the price will result in an extension of demand, quantity demanded will increase. Contraction of Demand is where an increase in price causes demand to fall. For an example an increase in the price of Donuts, while other factors remain unchanged will cause an increase in the quantity supplied. Sellers will move from one point to another point in the same curve. When price increased from P1 to P2, quantity supplied will Price Supply P(2) B P(1) A QS(1) QS(2) Quantity Shift of the Curve The curve shifts to the right or left as a result of changes in any other non-price determinants due to a change in supply or price. The demand curve shifts to the right as a result of an increase in demand while price remains unchanged. The curve shifts to the left as a result of a decrease in demand with price remaining unchanged. For an example demand for cool drinks might fall in the winter season therefore demand decreases due to a non price determinant which causes a shift in the demand curve to left from D to D1 while the price remains unchanged. D D1 P QD QD1 Non- Price Determinants for Demand Changes in consumer incomes. Changes in tastes for consumer goods. Changes in expectations of future prices. Changes in price of Substitutes. Non- Price Determinants for Supply Changes in production technology. Changes in cost of resources. Changes in number of sellers in the market. Changes in expectation of future prices. 4.1 Influences on Firms of Market Forces Demand and Supply influences to a great extent on price. When demand increases suppliers will supply more and as a result the suppliers will increase the prices in order to obtain higher revenue, however when price keeps increasing demand will start falling. Market forces helps firms to determine the market price where the quantity demanded equals to the quantity supplied. This is known as the equilibrium price. Supply and Demand model The point where the supply curve and demand curve meets is the equilibrium price. If the suppliers sell below the equilibrium price then buyers will demand above the supply which creates a shortage in supply. The opposite could also happen where the suppliers sell at a price higher than the equilibrium price which will lead to a surplus of goods. For an example demand and supply of Rice in Sri Lanka. Rice producers created a shortage in the supply of rice with the purpose of increasing the prices. This was an illegal practice this shortage in supply of rice, lead to an increase in demand to a great extent as this was also an essential product. It affected consumers a lot and the consumers were prepared to buy rice at any level of price. This shows that demand and supply can have both negative and positive influences on firms. Changes in quantity demanded a

Essay on Camus’ The Stranger (The Outsider): Meursault’s Indifference

Meursault’s Indifference in The Stranger (The Outsider)  Ã‚   The language in The Stranger (The Outsider) is strikingly simple. The sentences are molded to fit their function. They state what Meursault, the narrator believes. More importantly, their structure conveys Meursault’s feelings. His feelings are a prominent focal point of the novel. With all of the varying emotions and feelings he has throughout the story, there is one general term that can be applied to them all: indifferent. Meursault delights in simple pleasures, but never fully indulges himself into any of his endeavors. He is always reserved, taciturn, lacking an abundance of emotion. The only passionate surge that emanates from his mind and body comes in the form of his encounter with the Chaplain in his cell. Monsieur Meursault speaks when he has something he feels he should say. Otherwise, he remains the receiver of other people's communications. It is this innocent reservedness that begins to build the image of him in the reader's mind. At first he may seem dull, unintelligible, even unfeeling; the reader is soon taken in by his casual persona however, and empathizes deeply with his plight by the end of the novel. Meursault perceives his world as extremely indifferent--he does not believe in God or seem to believe in anything higher than pure human existence, and pure human non-existence when death ends life. Meursault is himself indifferent to all of the things throughout his life, except when he is finally met by the specter of death. However, even this fear and anxiety ceases after he accosts the Chaplain. At the end of the novel this young Frenchman comes to realize his similarities to his universe. He feels things are almost "consummate", only a few ... ...will not come for the others in his world either. Meursault is fortunate enough to realize this while still living, for this foresight he triumphs. Conclusion The merging indifference. Meursault is a man whose life is hedged on a pervasive indifference. His Existentialist philosophy of the world is also a conception built on indifference. By the end of the novel Meursault is at peace with himself. He has finally come to a unity and understanding of the interwoven nature of his individuality and the existence of existence. Meursault's head will roll. His life snuffed out. A life complete. Ended. Actualized. All of this because he harbored no false hopes, no vain strivings, because he made a subtle covenant with the death that returns us all to the earth we were produced from. Works Cited: Camus, Albert. The Stranger. Everyman's Library: New York, 1993. Essay on Camus’ The Stranger (The Outsider): Meursault’s Indifference Meursault’s Indifference in The Stranger (The Outsider)  Ã‚   The language in The Stranger (The Outsider) is strikingly simple. The sentences are molded to fit their function. They state what Meursault, the narrator believes. More importantly, their structure conveys Meursault’s feelings. His feelings are a prominent focal point of the novel. With all of the varying emotions and feelings he has throughout the story, there is one general term that can be applied to them all: indifferent. Meursault delights in simple pleasures, but never fully indulges himself into any of his endeavors. He is always reserved, taciturn, lacking an abundance of emotion. The only passionate surge that emanates from his mind and body comes in the form of his encounter with the Chaplain in his cell. Monsieur Meursault speaks when he has something he feels he should say. Otherwise, he remains the receiver of other people's communications. It is this innocent reservedness that begins to build the image of him in the reader's mind. At first he may seem dull, unintelligible, even unfeeling; the reader is soon taken in by his casual persona however, and empathizes deeply with his plight by the end of the novel. Meursault perceives his world as extremely indifferent--he does not believe in God or seem to believe in anything higher than pure human existence, and pure human non-existence when death ends life. Meursault is himself indifferent to all of the things throughout his life, except when he is finally met by the specter of death. However, even this fear and anxiety ceases after he accosts the Chaplain. At the end of the novel this young Frenchman comes to realize his similarities to his universe. He feels things are almost "consummate", only a few ... ...will not come for the others in his world either. Meursault is fortunate enough to realize this while still living, for this foresight he triumphs. Conclusion The merging indifference. Meursault is a man whose life is hedged on a pervasive indifference. His Existentialist philosophy of the world is also a conception built on indifference. By the end of the novel Meursault is at peace with himself. He has finally come to a unity and understanding of the interwoven nature of his individuality and the existence of existence. Meursault's head will roll. His life snuffed out. A life complete. Ended. Actualized. All of this because he harbored no false hopes, no vain strivings, because he made a subtle covenant with the death that returns us all to the earth we were produced from. Works Cited: Camus, Albert. The Stranger. Everyman's Library: New York, 1993.