Baldwin Scientific Instruments Companys Human Resource Management

Baldwin Scientific Instruments Companys Human Resource Management Human resource management is concerned with the maintenance of good relations among employees in an organization. It is comprised of four main aspects: acquisition, development, motivation and maintenance.Advertising We will write a custom case study sample on Baldwin Scientific Instruments Company’s Human Resource Management specifically for you for only $16.05 $11/page Learn More The analysis of Baldwin Scientific Instruments ascertains that there are various human resource problems in the company. The first problem is discrimination of the Vietnamese assemblers by the Latino supervisors. Secondly, there is an aspect of nepotism because the two Latino supervisors are siblings. The third problem is the lack of policy in place that restricts communication to only one official language. The two Latino supervisors speak Spanish behind the backs of the Vietnamese assemblers. In addition, there is overdependence on the Vietnamese assemblers, and these iss ues have led to poor employee relations in the company. The causes of the problems experienced at Baldwin Scientific Instruments are several. The first one is lack of stern management policies. The top level management in a company should formulate the following policies in the organization like coming up with the official language of communication at the workplace. The second cause is the lack of a proper recruitment process and teamwork among the employees. Moreover, there is a lack of communication between the supervisors and the assemblers since this organization has not put up measures to deal with matters of human resources (Muchinsky 66). The problems mentioned above have their solutions, such as enactment of a policy that restricts communication to official language. The advantages of this include more effective communication between the employees. Equality is enhanced in the company, and it curbs the problem of ethnicity or racism in the given organization. The disadvantage s of enacting only one official language of communication are that some employees might view the policy as biased, hence reducing their morale. The second solution to the problems at Baldwin Scientific Instruments is engaging employees in team building activities. The advantages of team building include enhanced employee relationships, more effective communication between the employees. It also enhances coordination of activities in the organization, thus increasing the efficiency of the employees.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The disadvantages of team building comprise the following, it is time consuming and might be very costly to the organization, especially if conducted out of the organization’s premises. Furthermore, it requires to be done regularly and might be very involving for the company (Ulrich 90). The third solution is engaging employees in training activities. The advantages of training include such outcomes. The efficiency of the employees is increased, they understand their set job descriptions well and learn more about the policies of the organization. The disadvantages of training are that it is very costly to conduct as well as it is time consuming to train all the employees in the organization since engaging the employees in training activities might not be feasible in some organizations. The fourth solution is the establishment of a human resource department in the business entity. The advantages of establishing a human resource department is that it will ensure that the issues concerning employees are addressed on time, the workers get incentives as recommended by their departments and those who are hardworking are rewarded. The disadvantages of a human resource department include the next facts. It is very expensive to establish a department as it might not be feasible for small enterprises. The best alte rnative that will solve the problems at Baldwin Scientific Instruments is to establish a human resource department in the organization. This will solve most of the problems that the company has been experiencing. The positive impacts of establishing a human resource department are many as compared to the negative. The first one is that the recruitment and selection department will be present at the company. This will enable a fair process in hiring of employees since interviews will be conducted and the coordination of activities will be improved. The second benefit will be the establishment of an employee relations department. This will assist in various ways by ensuring labor law compliance, provision of employee handbooks and relocation of outplacement of services. The third benefit would be an improvement in personnel policies. The various benefits of personnel policies include improved policy communication, improved record keeping of employees and improved human resources infor mation systems (Armstrong 67). The fourth advantage of a human resource department is the establishment of a compensation and benefits department. This will assist in the administration of salaries and wages, as well as provision of incentive pay, insurance to employees, retirement plans and vacation leave administration.Advertising We will write a custom case study sample on Baldwin Scientific Instruments Company’s Human Resource Management specifically for you for only $16.05 $11/page Learn More The fifth outcome is that it will lead to the establishment of a training and development department. The benefits of this department are the provision of orientation to the employees, provision of skills training and provision of career development programs. Implementation of this solution should be done at Baldwin Scientific Instruments. Bill Baldwin as the founder of the company should not be dealing with Tran’s grievance, which is an assembler of the company. The role of Bill is to formulate the policies of the organization. The grievances of the assemblers should be addressed by the human resources department and not the founder of the company. In addition, the Latino supervisors should be vetted and if their hiring procedure was unfair, they should have been dismissed. The policy of the company should restrict nepotism and encourage an employment process that is free and fair (Rhonda 44). Were I Mr. Baldwin, I would have inquired about the situation from both the Latino supervisors and the Vietnamese assemblers as this would provide me with the insides of the both sides of the story. As a short term solution, I will transfer one of the Latino managers to another department to curb the problem of speaking mother tongue while on duty. More so, I would try to employ personnel from various backgrounds not just Vietnamese and Latinos. It is of utmost importance for an organization to be neutral and not biased in terms of ethni city. The hiring policy of the firm should be amended to include advertisements of vacancies, shortlisting followed by interviewing of candidates and then finally hiring and conducting training activities for the employees. The workforce of Baldwin Scientific Instruments is diverse since it is constituted of various nationalities. The problem of diversity is experienced when the employees from different backgrounds are placed to work together. This is not a disadvantage because it can be dealt with by transferring some of the employees to other departments within the company (Wright 40).Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Mr. Baldwin should fill up staff vacancies in a human resource department in the company as soon as possible. This will enable him to delegate duties, and in the process, he will be able to hold each and every employee accountable for their actions. In addition, the efficiency, morale and skills of the employees will be overwhelmingly improved since the problems facing the company’s employees will be addressed, and in turn, this will improve the employee relations at Baldwin Scientific Instruments. Armstrong, Michael. A Handbook of Human Resource Management Practice. London: Kogan Publishing, 2011. Print. Muchinsky, Paul. Psychology Applied to Work. Summerfield, NC: Hypergraphic Press, 2012. Print. Rhonda, Byrne. The Secret. New Jersey, NY: Erlbaum, 2009. Print. Ulrich, David. Human Resource Champions, The next agenda for adding value and  delivering results. Boston: Harvard Business School Press, 2006. Print. Wright, Patrick. The Chief HR Officer: Defining the New Role of Human Resource  Leaders. San Francisco, SF: Jossey-Bass, 2002. Print.

Flirts and Philanderers

Flirts and Philanderers Flirts and Philanderers Flirts and Philanderers By Maeve Maddox When I was a child, I learned that the name Philadelphia derives from the Greek words philos (loving) and adelphos (brother) and that William Penn chose the name because he wanted to establish â€Å"a city of brotherly love.† I’ve recently learned that the word philander derives from the Greek words philos (loving) and andro (man/male) and that in ancient Greek it meant â€Å"a lover of men.† According to a note in the OED, the word in Hellenistic Greek could also be applied to a woman who loved the man who was her husband. Philander was appropriated by 17th century poets as a stock name for a lover and came to be used for any man known for his popularity with women: You know I was always a Philander among the ladies.† (OED citation, 1785) In modern use, philander has become a verb that has in turn produced the agent noun philanderer. philander (verb): to engage in casual sexual encounters. Used chiefly of men. philanderer (noun): a man who philanders. Both the OED and Merriam-Webster give flirt as a synonym for philanderer, but philanderer is more negative and gender-specific than flirt. Either a man or a woman may be a flirt, but a philanderer is a man. Another difference is that flirting applies to a playful sort of sexual innuendo that does not assume sexual activity, while philandering connotes promiscuity and lack of marital or romantic integrity. Here are examples of recent use of philandering and philanderer: Power and  philandering  seem to go hand in hand.   Actor Jon Hamm has played the  philandering  ad executive Don Draper on the American Movie Classics show Mad Men. Unlike many presidents,  Nixon  had never been suspected of being a  philanderer. [In] 2007, Vitter was exposed as a paying philanderer. Here are some additional words that are or have been used to describe men of loose character: Casanova Don Juan Lothario playboy rake rouà © skirt-chaser womanizer Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Is She a "Lady" or a "Woman"?16 Misquoted QuotationsA "Diploma" is not a "Degree"

A Marketing Opportunity for Powerbike in Thailand Assignment - 5

A Marketing Opportunity for Powerbike in Thailand - Assignment Example In this report, we find that there are on-going developments that are supporting the bicycle sale business. The major one is the will by the government to support plans leading to use of bikes for short trips within towns and also by students to go to school. This is meant to promote a healthy lifestyle among the citizenry. The residents have also accepted the bikes as they are flexible and can be used to go to other areas that cannot be accessed by vehicles. In Powerbike’s move to change its production base to Bangkok, the company is faced with stiff competition from other well-established industry players, for instance, K.C.I Bicycle & Part Company. However, by focusing on customer needs and developing on its strengths, our company will manage to stay ahead of the competition and remain profitable in this urban market. Thailand is one of the rising Asian countries experiencing rapid economic expansion because of improved governance and high rates of foreign direct investment (FDI). This expansion brings with it pressures on social amenities as more people move from the rural areas to look for gainful employment in towns. The boom years made Bangkok one of the most active and heavily congested cities. The major pressure exerted by this population explosion is on public transport as the locals have to commute daily from residential areas to their places of work. This then necessitates adoption of other modes of transport to ease pressure on vehicular transport. This report focuses on the Thai bicycle market taking a deeper analysis of the consumer behaviour, demographics and psychographics. It gives advice on appropriate ways to maintain market share and weighs the likelihood of entry to the Bangkok market which is characterised by dense population and chaotic public transport. This is done by analysing both external and internal business environment on factors supporting or discouraging expansion programs, for instance, competitive forces analysis. Market segmentation, targeting and positioning are used to give a picture of the specific products Bangkok consumer market demand from bike manufactures.

Halal Food Consumption in Thailand Essay Example | Topics and Well Written Essays - 4250 words

Halal Food Consumption in Thailand - Essay Example It is very crucial to study customer behavior and models that can predict customer behavior so as to somehow test their validity while understanding the pattern of Halal food consumption, particularly in Thailand. Thailand which is home to Buddhist people is of interest in this study considering that the country is a major exporter of Halal food across the world. Thus, it is of interest to study customer behavior and some factors that relate to the prediction of consumption of Halal food among the people in Thailand. Religious influence is known to affect human behavior and studies focusing on its influence on consumer behavior have also been illustrated. It is noted that religion which is a subset component of culture, has the direct and indirect influence on people’s consumption behavior. All world religions have rules governing food choices that are used in daily life including but not limited to special ceremonies, sacred rituals, and cultural practices or traditions. It can be understood that people make a decision on food choices (consumer behavior) according to the taboos and obligations of the society’s religion. In Muslim population, for example, Halal (permitted) food products are widely accepted because they are considered to be natural, safer, and healthier since they have been prepared according to Islamic law and rites. Research studies indicate that consumer behavior can be understood by studying on consumer’s aspect that affects consumer choices. This has been found to be affected by factors such as cultural influence, psychological, physiological, and social and lifestyle factors. In other words, these factors can be significant predictors of Halal food consumption among Muslim people. However, it is also of great concern and interest to find out who are the significant other consumers of Halal food knowing that its industry is growing worldwide. This idea brings forward to investigating, in general, the intention of Halal food consumption.

Foreseeability in law Coursework Example | Topics and Well Written Essays - 250 words

Foreseeability in law - Coursework Example There are numerous arguments claiming this requirement is unjust and that the defendant should be held responsible for the actual consequences of any careless conduct that results in injury, whether foreseeable or not. However, this broadens the scope of the tort considerably and would open up an endlessness of liability. Further, foreseeability ensures fairness for the defendant. Is would be unjust to hold a defendant liable for conduct which they could not have anticipated would result in injury. Being penalized for conduct which does not foreseeably cause injury would result in numerous frivolous claims. Accidents occur all of the time. While it would be fantastic for the injured party to always have recourse for legal action, it would not be fair to those defendants of whom are undeserving. There are some injuries no one could predict and no one but the forces of fate should be held responsible and certainly no one should be penalized. This may be unfortunate for the injured party, but the blame cannot always be laid at someone else's feet. Foreseeability ensures blame can only be laid at the feet of those who should have reasonably foreseen the consequences of their actions. This is fair. This is just. Taking away the requirement of forseeability would make the opposite true.

Environmental Analysis Of Brazil Marketing Essay

Environmental Analysis Of Brazil Marketing Essay DAIM Co. is the company that has been operating successfully for the past 15 years providing and manufacturing computer and computer devices and considered as the market leader in the Malaysian market. Due to the high competition in the market, the manager of DAIM Co. intends to persuade companys BOD (Board of Directors) to penetrate Brazilian market. The main idea of the business is to sell computers and computer devices in Brazil. The main purpose of this assignment is to perform environmental analysis of Brazil, to identify possible opportunities and threats, and to analyze how the environmental factors in terms of political-legal, social, economic and technological environment can affect the international operation functions and decision-making of a business. Also, this research paper provides most appropriate market entry strategy. Selected Product: Computer and computer devices Executive Summary flag_of_brazil.png images.jpg Geography It is a country that situates in the South America, and continents largest nation. Borders almost all the countries on the continent except Chile and Ecuador and has exit to Atlantic Ocean that makes country easy to access by the sea. The surface area of the country is 8 547 000 square km. Brazil ranks as fifth largest country. The capital city is Brasilia, while the most important cities are Sao Paulo and Rio de Janeiro. Brazils climate is tropical due to the location of the country, with the south being temperate. (Appendix 1, Political Map of Brazil) Demography It is the most populous nation in the South America, and worlds 6 country according to population after China, India, USA, Indonesia and Russian Federation. The population of brazil is equal to 190,732,694 people as of August 2010, which is 2.76% of Worlds Population. And the birth rate is 22.65 births per 1,000 populations. Different ethnic groups can be described as follows: 55% are whites of European descent, 22% are mulattous of mixed European and African Descent, 11% blacks and 0.1% Native Americans. (http://www.ibge.gov.br/english/presidencia/noticias/noticia_visualiza.php?id_noticia=1766id_pagina=1 ) Economic Profile Brazil has best economy among all countries in Latin America. Since its independence September 7, 1822 the economy is rapidly developing. And the result by 2010 is: GDP (nominal exchange rate): $ 2.1 trillion. GDP (purchasing power parity): $2.194 trillion. (Appendix 2, GDP of Brazil) Annual real growth (2010): 7.5%. Natural resources: Iron ore, manganese, bauxite, nickel, uranium, gemstones, oil, wood, and aluminum. Brazil has 14% of the worlds renewable fresh water. Agriculture (6% of GDP):  Productssoybeans, coffee, sugarcane, cocoa, rice, livestock, corn, oranges, cotton, wheat, and tobacco. Industry (28% of GDP):  Typessteel, commercial aircraft, chemicals, petrochemicals, footwear, machinery, motors, vehicles, auto parts, consumer durables, cement, and lumber. Exchange rate (March 3, 2011): U.S. $1 = 1.65 Brazilian reals. International Business Trade balance of Brazil as for 2011 is $20 billion surplus.  Exports: $202 billion.  Major markets of exports are: China 15%, USA 10%, Argentina 9%.  Imports: $182 billion.  Major suppliers are USA 15%, China 14%, and Argentina 8%. (http://www.state.gov/r/pa/ei/bgn/35640.htm) PESTLE Analysis PESTLE is a strategic management tool that provides useful framework to analyze the environmental pressures on Business (Goyal et al, 2009). Political: Brazil is a federal republic with 26 states and a federal district. The 1988 constitution grants broad powers to the federal government, made up of executive, legislative, and judicial branches. Electing Lula da Silva in the 2002 as the president of Brazil has been described as a milestone, a starting point for secured democratic rule in the nation. This was an important in the establishment of economic norms and practices for the country; the more socialist models of state-run industry have been rejected, and significant international debt has been incurred to address the social ills facing the country. During the economic crisis in Latin America, the Brazilian economic situation becomes even more important; the growth of the Brazilian market has come to bear significantly on the worlds economy. After the election there have been significant improvements in the political environment, but political wrangling still exists, and a fragmented congress means economic risks still remain.  Issues surrounding policy implementation mean that expected future benefits from current policies are uncertain. Economic: Brazilian economy is the largest in the South America region; country has well developed agriculture, mining, manufacturing and service sector. From 2003, Brazil improved its macroeconomic situation, built foreign relations, reduced internal debt, kept inflation rate under control. Later during the financial crisis Brazilian economy had a solid performance and its strong and early recovery, including 2010 growth of 7.5%, have contributed to the countrys transition from a regional to a global power. Expected to continue to grow in the 4% to 5% range, the economy is the worlds eighth-largest and is expected to rise to fifth within the next several years. During the administration of former President Lula, surging exports, economic growth and social programs helped lift tens of millions of Brazilians out of poverty. Social: The large and growing consumer market provides a strong basis for considering market entry.      It is unlikely that overall workforce availability will be an issue, given the option of using international labor if requirements cannot be met locally.  Ã‚   Labor costs are attractive but there are significant costs on top of basic wages and requirements for additional training. Technological: Brazil is a leader in science and technology in South America and in some fields a global leader, such as bio fuels, agricultural research, deep-sea oil production, and remote sensing. U.S. Government, private sector, and academic researchers have extensive ties with Brazilian counterparts, and the extent of bilateral scientific and technological cooperation is expanding. The Brazilian Government seeks to develop an environment that is more supportive of innovation, taking scientific advances from the laboratory to the marketplace. Legal: The Legal rules governing business activities in Brazil are basically laid down in federal legislation, but constitution allows Federal Government to legislate on certain matters related to business activities, such as tax, financial and economic issues, liability for environmental and consumer damages. Federal Governments power is limited to enacting basic rules on such issues, whereas States and Federal District have authority to legislate on a supplementary basis, in line with the general rules laid down in the federal legislation. Brazil offers big business opportunities for foreign investors, in light of its economic potential, its diversified economy and its huge domestic market, now considerably expanded as a result of several international trade agreements entered into with economic blocks and countries the World over. Environmental: According to the geographical location of Brazil, it is very easy accessible by the sea, this means the country has an exit to the Atlantic Ocean. The raw materials, equipment, and products can easily be delivered by the sea which is not costly comparing to transportation by air. Also, according to the geographical location of the country there is no natural disaster like earthquakes and tsunami, which may cause stoppage of the business. Due to the large size, the climate of Brazil is different, even though the most part of the country is within tropical zone. The climate of Brazil experiments two seasons: the rainy which is summer and dry season which is winter. There is no cold at all, so the climate is partly same as in Malaysia, and it is very suitable for doing business in this country. Market and Segment Analysis STP (Segmentation, Targeting and Positioning) is the essence of marketing. (Kotler, 1994, p. 93) Segmentation is the  process  of defining and subdividing a  market  into clearly identifiable  segments having similar  needs,  wants, or  demand  characteristics. (http://www.businessdictionary.com/definition/market-segmentation.html) Demographic Segmentation refers to a wide study of the potential customers (Kotler, P., 2002). It consists of the variables such as: age, income, occupation and gender. The below diagram demonstrates the age segmentation: 13-25 years for Education and Entertainment 25-65 years for doing business. Segment.jpg The income level is an important part of segmentation, everyone can afford computers and computer devices, because nowadays there to many types of devices and they vary in pricing. It is available for all levels of users, occupation and gender. Geographic Segmentation is done by dividing people (markets) into different geographical locations. (Kotler Armstrong, 2002, p.252) Here, the main target will be main cities like capital Brasilia, and the most important cities in the country Sao Paulo and Rio de Janeiro. Targeting Strategy is the  selection  of  potential  customers  to whom a  business wishes to  sell  products  or  services. The targeting  strategy involves segmenting the market, choosing which  segments of the market are  appropriate, and determining the products that will be offered in each segment. (http://www.businessdictionary.com/definition/targeting-strategy.html) Mostly computer devices will be selling to the big companies who need computers to operate their business and customers who uses computers that need devices to coordinate their busy schedules and communicate with colleagues, friends and family. Also, high schools, colleges and other educational institutions will be targeted in Brazil. Positioning Strategy   states  how the  firm  defines  its  business  or how a  brand  distinguishes itself, how the  customers  will benefit from its  features, and how these  benefits  or aspects will be communicated to the intended  audience. (http://www.businessdictionary.com/definition/positioning-statement.html) We are positioning our computers and computer devices as the versatile, convenient, value-added devices for doing business, personal and professional use. The marketing strategy will focus on the convenience of doing business, entertainment with access to the internet. Mode of Entry to the Market The proposed way to enter Brazilian market is through Joint Venture strategy, which is defined as a contractual business undertaking between two or more parties. It is similar to a business partnership, with one key difference: a partnership generally involves an ongoing, long-term business relationship, whereas a joint venture is based on a single business transaction. Establishment of joint ventures is a common practice in Brazil. A major motivation for joint ventures is to pair foreign firms with Brazilian partners to compete in segments of the government procurement market or in other markets subject to government regulation, such as telecommunications, computers and capital goods. Formation of a joint venture can be accomplished through a variety of business entities. Entering a joint venture is a complex, and sometimes, time consuming process. As any type business structure, it holds a good opportunity for anyone to grow and make money fast; but just like any other business type; joint venture also holds threat to anyone who wants to enter. Porters 5 Forces Porters fives forces model  is a model which is using to analyze a particular environment of an industry in terms of Competitive rivalry, power of suppliers, power of buyers, threats of substitutes and threat of new entrants. Competitive rivalry: When entering to the market, the first thing you have to do is to analyze competitive rivalry in the country you going to set your business. If entry to an industry is easy then competitive rivalry will likely to be high. If it is easy for customers to move to substitute products for example from coke to water then again rivalry will be high. Generally competitive rivalry will be high if: à ¢Ã¢â€š ¬Ã‚ ¢ There is little differentiation between the products sold between customers. Actually, there is not so much difference between computer devices sold in different companies. This means the customers will look for those products which have better quality or long life cycle of the product, in other words durability. à ¢Ã¢â€š ¬Ã‚ ¢ Competitors are approximately the same size of each other. Those companies who are operating as retailers only, will face a big trouble against big companies. The buyers prefer to work with best, well known companies who provide stability and confidence to them. Power of  suppliers Suppliers are also essential for the success of an  organization. Raw materials are needed to complete the finish product of the organization.  Suppliers  do have power. This power comes from:   à ¢Ã¢â€š ¬Ã‚ ¢ If they are the only  supplier  or one of few  suppliers  who  supply  that particular raw material. à ¢Ã¢â€š ¬Ã‚ ¢ If it costly for the  organization  to move from one  supplier  to another à ¢Ã¢â€š ¬Ã‚ ¢ If there is no other substitute for their product. Power of buyers Buyers or customers can exert  influence  and control over an industry in certain circumstances. This happens when: à ¢Ã¢â€š ¬Ã‚ ¢ There is little differentiation over the product and substitutes can be found easily. à ¢Ã¢â€š ¬Ã‚ ¢ Customers are sensitive to price. The pricing should not be high, it must suit their expectations. The overall life concerns in Brazil are low, this means we have to identify the prices in relation to the customers, are they able to buy our products. If the prices will be high, the customer will switch to another product or company which is not costly for them. Threat of Substitutes This is about the alternative products that customers can purchase over your product that offer the same benefit for the same or less price. Threat of substitute is high when the price of your PC is higher than your competitors price, or when competitors decide to cut the prices of their products. In this industry, we can say that there is high competition, so this can bring to losing customers because customers sometimes are willing to substitute and compare the products or companies itself. Threat of new entrant The threat of a new  organization  entering the industry is high when it is easy for an organization  to enter the industry. An  organization  will look at how loyal customers are to existing products, how quickly they can achieve economy of scales, would they have access to  suppliers, would  government legislation  prevent them or encourage them to enter the industry. Actually, there is high probability that other companies will enter the market and will compete with you in the market. Conclusion Doing business in Brazil may be very profitable to the international companies. All the factors that may affect the business are positively affecting the business. PC industry is developing on Brazil. And there are many drivers to start your own business in the Brazil. International companies have advantage over the local companies, as they are undervalued and in need of restructuring, capital and technology. There is creative and flexible labor force, which is not expensive comparing to other countries. Growth potential of consumer market is very high. Privatization in late stages, inflation is under control in the last 10 years. There is increasing globalization and international trade. Foreign investors are eligible for most available fiscal incentives. And established transportation networks such as railways, highways, ports make it easy to operate in Brazil.

Perspective in The Outsiders, and A Squatters Tale Essay -- Outsiders

Webster's online dictionary of the English Language defines outsider as follows: Outsider n. 1. A person or thing not within an enclosure, boundary etc.   2. A person not belonging to a particular group, set, party, etc. 3. A person unconnected or unacquainted with the matter in question.   4. A racehorse, not classified among the best or among those expected to win. Considering these definitions of the word, "outsider," one is struck by the eclectic array of meanings.   Sometimes words have multiple meanings that are ironically linked. Are people as multifaceted as words?   The fundamental laws of social relations call upon humans to attempt to fit in and belong.   So, striving to fit in to one's family, peer group, community, and the world at large is an ongoing battle that most humans face to one degree or another.   On a larger scale, bloody battles are fought between countries, governments, and races in an effort to co-exist on the planet.   The Outsiders by S.E. Hinton and A Squatter's Tale by Ike Oguine are stories that tell of this battle to fit in, and both have characters that personify these four definitions of the word, "outsider."   These tales have dramatic themes and stylistics that in some ways are similar and in other ways unique, but they all have significant effects on the readers.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There is a common theme of violence in both stories. Obi, the protagonist in A Squatter's Tale, depicts how Nigeria has had its own history of violence.   There are sharp divisions between the rich and the poor, those in power and those being manipulated. Corruption in the government was at an epidemic level in the mid nineties.   Bribery, extortion and strong-arm tactics have become the norm.   The... ...ey are not expected to win in life.   However, one is left at the end of these stories with an undeniable feeling of optimism and assurance that Obi and Ponyboy will persevere in their struggle to overcome the obstacles in their lives.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Works Cited Coming to America. Dir. John Landis.   Perf. Eddie Murphy, Arsenio Hall,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   James Earl   Jones, Madge Sinclair.   Paramount Pictures Video,1988   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Class Film. NJIT. LIT 350-102. Spring Semester, 2002. Hinton, S.E. The Outsiders. New York: Penguin, 1967. Oguine, Ike. A Squatter's Tale.   Oxford: Heinemann, 2000. Vitullo-Martin, Julia and J. Robert Moskin. The Executive's Book of Quotations.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   New York: Oxford University Press, 1994. Webster's Encyclopedic Unabridged Dictionary of the English Language.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   New York: Random House. 1989.      

Was the Spanish-American War Truly as John Hay Said, a “Splendid Little War”

Was the Spanish-American war truly as John Hay said, a â€Å"splendid little war†? Why or why not? The Spanish-American war was for the American government the first step on the road to becoming a â€Å"global, police power†, for the Spanish it was the dissolution of Cuba and their empire, from said conclusion is it fair to name such a war a success, an aforementioned â€Å"splendid little war†? [1] This essay hopes to examine the limitations of Hay’s statement, the war was to irreversibly â€Å"shape relations between the United States and the rest of the globe for the coming century†, and it was the trigger that ultimately taught the U. S. the cost of World imperialism. It is impossible to label such a conflict as totally triumphant and simplistic, it was fraught with diplomatic complications, both domestic and colonial, as is written herewith. The situation in Cuba before American intervention had always been precarious; Cuban rebels had continually opposed Spanish rule throughout the 19th Century, such was the animosity between the Cubans and Spanish that it culminated in the erection of some of the first Spanish concentration camps (reconcentrado). Dubbed â€Å"Butcher Weyler† by the American press, Spanish general Valeriano Weyler sought to curtail the uprisings, thus causing numerous deaths and epidemics among the Cuban inhabitants. [2] This onslaught erupted both the Cuban population and the American press into a fierce frenzy; American readers experienced a â€Å"battle of gigantic proportions† between two rival newspapers, (New York Journal and New York World), â€Å"in which the sufferings of Cuba merely chanced to furnish some of the most convenient ammunition†. 3] With so much public attention, the Cuban crisis became a great exhibition of jubilation; there was much desire for intervention in the affair. Said exaltation was further prompted by the events of February 15th 1898, when the battleship USS Maine exploded in Havana Harbor killing 266 American sailors. Demands for war with Spain were imminent and colossal, the â€Å"yellow journalism† and its fabrication of news intoxicated the †Å"whole Country with war fever†, slogans of â€Å"Remember the Maine! To Hell with Spain! † became very popular. 4] Theodore Roosevelt, assistant secretary of the navy, had always been of a militaristic nature, having commented that â€Å"This country needs a war†, and proclaiming President William McKinley as â€Å"white-livered† with â€Å"no more backbone than a chocolate eclair†, had proclaimed the disaster â€Å"an act of dirty treachery on the part of the Spaniards†. [5] The longing for war by the public and certain members of government following the atmosphere of hostility prompted, reluctantly, McKinley to declare war on Cuba. Having blockaded Cuba on April 22nd, Spain then subsequently declared war on April 24th. The Spanish-American war was initially a â€Å"splendid little war† as described by Hay; it was an â€Å"unbroken series of American victories† within only 10 weeks of combat. [6] The major campaign of the war occurred at San Juan Hill, where a unit of newly formed Rough Riders under the command of Lieutenant-Colonel Roosevelt along with two regiments of African American soldiers stormed a position atop Kettle Hill. So successful was the battle that Roosevelt â€Å"would rather have led that charge than served three terms in the U. S. Senate†, that he had been â€Å"revelling in victory and gore†. The combination of defeat at San Juan Hill and around the port of Santiago in which â€Å"474 Spanish were killed†¦while only one American was killed and one wounded† initiated the surrender of Santiago on July 17th, and the capitulation of Spain on July 26th 1898. [7] The Treaty of Paris of 1898, signed on December 10, 1898, ended hostilities between the Spanish and the U. S. The Treaty of Paris deemed that Cuba would become an autonomous country, and the U. S. acquired Puerto Rico and Guam with the understanding that Spain be paid twenty million dollars for the Philippines. The scandalist treaty was the subject of much debate in the US Senate during the winter of 1898-1899, which was finally resolved on February 6th, 1899 by a one-vote margin of 57 to 27 with only two Republicans opposed: George Frisbie Hoar of Massachusetts and Eugene Pryor Hale of Maine. How was it that the U. S. a traditionally isolationist nation, become involved in such conflict. Nationalist historians argue said involvement to have been directed in accordance with constitutional diplomacy and the democratic principle of projecting liberty and national spirit; in essence the American Dream. George Brown Tindall argues that the U. S. involvement in the war was initiated out of a â€Å"sense of outrage at another country’s imperialism†; It is true to say that until 1899 Spain had acquired substantial influence over the sugar industry, territory held equated more than the fifty millions that the U. S. held in Cuba. Tindall also argues the impact that public opinion and ferocity had on the declaration of war; â€Å"too much momentum and popular pressure†. Indeed said impact was so great that Tindall argues â€Å"the ultimate blame for war, if blame must be levied, belongs to the American people†. 8] Indeed â€Å"many†¦were heavily influenced by the view that western imperialism was justified by the (alleged) superiority of Anglo-Saxon and Nordic ‘races’†, that it was warranted for the U. S. to spread her idealism and the American Dream to other civilisations. [9] There was however more imperialistic interests that influen ced the coming of war, Revisionist historians proclaim the level of U. S. involvement corroborates with desire to defend its own interests that political expansion was in aid of guarantying economic control. Indeed McKinley favoured said intervention and the establishment of a government made up of the â€Å"wealthy Cuban planter class†, as he believed it could be controlled economically and â€Å"incorporated into the American Sphere†. [10] In the short-term the ‘prizes’ of victory over Spain were appealing, not least politically, for many economic advantages came with the acquisition of territory in Cuba and the Philippines. These incentives therefore substantiate Hay’s statement of the American-Spanish conflict as a said â€Å"splendid little war†, an easy and cost-effective method of amassing a greater economy and furthering the American dream. The overriding advantage for the U. S. was that it was a â€Å"little war†, it was also cheap, â€Å"its cost was relatively slight†, the fact that it took ten weeks and the lives of ‘only’ 5,462 U. S. soldiers (379 in actual combat) painted a popular picture of ease in what was the first U. S. campaign. [11] Politically the advantages came from the influence the U. S. gained through becoming a new major world power. With the precedent of waging and ultimately winning a foreign war, the U. S. had the potential of authority over future entanglements. Flushed with the easy victory over Spain, inflamed by the vision of a colonial empire, many were caught by the propaganda for a naval power†. [12] Roosevelt stressed â€Å"we must strive in good faith to play a great part in the world†, and by doing â€Å"the world’s work by bringing order out of chaos†¦from which the valor of our soldiers and sailors has driven the Spanish flag†. [13] Moreover the U. S. obligation â€Å"to take up the White Man’s burden† further exacerbated United States political intentions in the global theatre, indeed imperialists such as Senator Albert J. Beveridge and Henry Cabot Lodge, â€Å"stressed America’s moral obligation to extend the benefits of Anglo-Saxon civilization to a backward people†. [14] Indeed individuals such as McKinley commented on how â€Å"to educate the Filipinos and uplift and civilize and Christianize them as our fellowmen for whom Christ also died†. [15] Missionaries became increasingly involved in colonial affairs; they pursued the chance to convert the â€Å"little brown brother† to Christianity for the â€Å"sake of their souls†. [16] Economically the advantages of the war for the U. S. were of paramount importance, and were of major influence in the initial reasoning for a declaration of war. Cuba in the 19th century was the â€Å"sacred cow of American diplomacy†¦Cuba in American history has often been synonymous with sugar†¦which has the power of stirring more political devils in Washington than any other elixir†. Sugar was a major export of America and therefore Cuba became a major concern for economists in a time of unrest and conflict, a potential acquisition for the â€Å"the Sugar Trust†¦the most hated trust in America†. 17] Big Business also profited from the notion of expanding global markets, with the new access to China and its multitude of consumers, businesses such as the American Tobacco Company foresaw the new opportunity, naming the â€Å"Philippines (as) the key to the Far East†. [18] Indeed U. S. involvement in Cuba was startling; Frank M. Steinhart of the National City Bank of New York (NCB) became leading e conomic leader, and was therefore able to ascertain all of Cuba’s resources under the NCB with their 24 Cuban branches. One governmental individual commented no how â€Å"Cuba is no more independent than Long Island†. 19] Colonial empire really did suit the U. S. A. How then could such a â€Å"splendid little war† be so farcical, why were said consequences of war so detrimental to opinion concerning United States diplomacy? In essence there were three major complications, whose effects brought about severe limitations to Hay’s statement. In short imperialism and the desire for expansion of economy and territory contradicted with U. S. tradition of ‘isolationism’, and that the idea of a nation with democratic values holding colonial control was unpalatable by many people. The acquisition of territory far overseas put a great amount of strain upon U. S. administrative and defensive concerns, not least because of their practical distance, but also due to constitutional contradictions. It gave the potential for continental warfare between the Great Powers, and the reality of guerrilla warfare in unfamiliar civilisations. The empire also brought about a further internal conflict, with both governmental and influential individuals, which sparked off following the condemnation of U. S. imperial stature. The U. S. ad only recently acquired an empire of colonies, she was naive and inexperienced with the policing and protection of lands outside of direct U. S. jurisdiction. The activities of rebellious peoples soon exacerbated such concerns, initiating a period of guerrilla warfare, requiring a sharp adaptation of U. S. occupational forces to facilitate a war of counter-insurgency. February 1899 marked the beginning of open hostility and aggression towards the U. S. occupational forces by the Filipino insurgents. The U. S. now had to follow the precedent set by the British, that an empire was a mixed-bag of complications and benefits. Proclaiming the slogan â€Å"No hay derecho a vender un pueblo como se vende un saco de patatas† (â€Å"There is no right to sell a nation like a sack of potatoes†), Filipinos launched vicious attacks on the forces of Aguinaldo and Mabini to oppose the â€Å"new colonial masters†. [20] The U. S. soon discovered they were running a counterinsurgency every bit as brutal as anything that â€Å"Butcher Weyler† had done in Cuba. Regular army soldiers, many of them veterans of the U. S. Indian wars, undertook â€Å"marked severities† (as one termed it) against these new â€Å"Indians†. One U. S. rmy officer wrote: â€Å"We must have no scruples about exterminating this other race standing in the way of progress, if it is necessary†. Many questioned the point of attempting to hold such alien territory, when there were ongoing domestic problems, one newspaper editor commented that it was â€Å"a sinful extravagance to waste our civilizing inf luence upon the unappreciative Filipinos when it is so badly needed right here in Arkansas†. During July 1902, the U. S. declared the Philippine Insurrection over, 200,000 to 220,000 Filipinos had died, and of whom only 15,000 were actual combatants, which suggest that U. S. forces consciously made war on the enemy's entire society that the concept of total war occurred fifty years earlier than 1939. [21] Critics of expansionism were another annoyance for the U. S. government. Those in office found the idea of dependency incredibly taxing, that the foreign acquisitions would perpetuate existing domestic problems. Other member foresaw that the ruling of said overseas dependencies would contradict, even violate, the â€Å"premises of republican government and the values of classical liberalism†. Although he failed to fervor his stance on U. S. imperialism in the presidential election of 1900, William Jennings Bryan became a high profile contester of expansionism; as a result, the election did not provide a clear mandate for or against overseas empire. Opponents of the U. S. Empire even more fervent than Bryan established the Anti-Imperialist League in Boston to oppose the Philippine Insurrection and colonialism. Erving Winslow, Edward Atkinson, Moorfield Storey, William James, Andrew Carnegie, and former President Grover Cleveland added their voices to the anti-imperialist chorus. However due to their narrow upper-class and governmental social base, the â€Å"antis† were unable to generate much support for their arguments, indeed Vladimir Ilich Ulyanov Lenin described them as â€Å"the last of the Mohicans of bourgeois democracy†. [22] Despite the apparent failure to change U. S. foreign policy, the Anti-Imperialism League became a major concern of the government, not least because its foundation was made of some actual political personalities thus creating the rifts of viewpoint shown, but it also caused embarrassment in the face of public and international scrutiny into the affair and the consequences of it thereafter. Indeed such was the strain of the opposition that the government even suppressed the delivery of three anti-imperialism pamphlets to Manila written by, vice president of the Anti-Imperialism League, Edward Atkinson. Economists too were somewhat discouraged by the U. S. involvement in foreign relations, indeed the firm Gompers recognized the problematic nature of overseas economic development. These economists feared the possible conflict of competition regarding the expansion of existing U. S. monopolies and conglomerates, foreseeing their impact on foreign society in the pursuit and carving up of land, resources, and profit. Foreign competition was also of major concern, believing the â€Å"menace of cheap oriental labor† as detrimental to the U. S. proletariat. [23] The fabled China market and political engrossment of overseas markets meant the establishment of an â€Å"open door† in China and to the protection of the territorial integrity of China. This therefore threatened war, a political tool to be reluctantly used if other powers obstructed U. S. entry into China market, only war could sustain the policy. The rising sun of Japan and Tsarist Russia therefore threatened future U. S. non-entanglement. In conclusion it is inaccurate to deem the 1898 war and Philippine Insurrection as â€Å"splendid little† wars; in reality each was fraught with so many conflicting problems and consequences. To many individuals the concept of colonial expansion was exciting, not least as it perpetuated U. S. power and influence but many sought to gain economically, spiritually and personally from said imperialism. The cost of empire was of higher significance however, as its political costs were severely detrimental to the McKinley administration, its effects on physical practicalities of defense and economy damaging, and the diplomatic portrayal of the U. S. A embarrassing. Eighty years previously John Quincy Adams had predicted the outcome of U. S. involvement in global conflict, â€Å"no matter how righteous the initial cause†¦her policy would insensibly change from liberty to force†¦She might become dictatress of the World†. Hay was wrong, 1898 was never a â€Å"splendid little war†, never a war â€Å"on behalf of people other than its own†. [24] Bibliography B. Bailyn, The Great Republic: History of the American People Vol. II; Toronto, DC Heath Canada, 1998 J. L. Bates, The United States 1898-1928 – Progressivism and a Society in Transition; New York, McGraw-Hill Book Co. , 1976 H. Brogan, The Penguin History of the United States; London, Penguin, 2001 H. Underwood Faulkner, A History of American life Vol. XI – The Quest for Social Justice 1898-1914; New York, The Macmillan Co. , 1961 S. Foner, The Spanish Cuban American War and the Birth of American Imperialism 1895-1902. Vol. I; New York, 1972 L. B. Francisco, and J. Shepard Fast, Conspiracy for Empire – Big Business, Corruption and the Politics of Imperialism in America, 1876-1907; Quezon City, Philippines, Foundation for Nationalist Studies, 1985 E. Cobbs Hoffman, and J. Gjerde, Major Problems in American History. Vol. II Since 1865; Boston, Houghton Mifflin Co. 2002 M. A. Jones, The Limits of Liberty – American history 1607-1980; Oxford, Oxford University Press, 1983 T. Mahan, Lessons of war with Spain; London, Sampson Low, Marston & Co. Ltd. , 1899 J. B. Moore, Four Phases of American Development; New York, Balt, 1912 C. S. Olcott, Life of McKinley – Vol. II; Boston, Houghton M ifflin Co. , 1916 J. R. Stromberg, The Spanish-American War: The Leap into Overseas Empire; U. S. A, The Future of Freedom Foundation, 1999 G. Brown Tindall and D. E. Shi, America: A Narrative History – Sixth edition; New York, W. W. Norton & Co. , 2004 ———————– [1] E. Cobbs Hoffman, and J. Gjerde, Major Problems in American History. Vol. II Since 1865, p. 98. [2] G. Brown Tindall and D. E. Shi, America: A Narrative History – Sixth edition, p. 759 [3] Ibid [4] G. Brown Tindall and D. E. Shi, America: A Narrative History – Sixth edition, p. 760 [5] Ibid [6] M. A. Jones, The Limits of Liberty – American history 1607-1980, p. 402 [7] G. Brown Tindall and D. E. Shi, America: A Narrative History – Sixth edition, p. 764 [8] Ibid, pp. 759 and 762 [9] L. B. Francisco, and J. Shepard Fast, Conspiracy for Empire – Big Business, Corruption and the Politics of Imperialism in America, 1876-1907, p. 135 [10] Ibid, p. 141 [11] G. Brown Tindall and D. E. Shi, America: A Narrative History – Sixth edition p. 764 [12] J. B. Moore, Four Phases of American Development, pp. 147-148 [13] E. Cobbs Hoffman, and J. Gjerde, Major Problems in American History. Vol. II Since 1865, p. 100 [14] M. A. Jones, The Limits of Liberty – American history 1607-1980, p. 403 [15] C. S. Olcott, Life of McKinley – Vol. II Boston, Houghton Mifflin co. 1916 [16] G. Brown Tindall and D. E. Shi, America: A Narrative History – Sixth edition, p. 765 [17] L. B. Francisco, and J. Shepard Fast, Conspiracy for Empire – Big Business, Corruption and the Politics of Imperialism in America, 1876-1907, p. 33 [18] H. Underwood Faulkner, A History of American life Vol. XI – The Quest for Social Justice 1898-1914, p. 310 [19] H. Underwood Faulkner, A History of American life Vol. XI – The Quest for Social Justice 1898-1914, p. 313 [20] J. R. Stromberg, The Spanish-American War: The Leap into Overseas Empir e, p. 2 [21] Ibid [22] J. R. Stromberg, The Spanish-American War: The Leap into Overseas Empire, p. 2 [23] H. Underwood Faulkner, A History of American life Vol. XI – The Quest for Social Justice 1898-1914, p. 310 [24] E. Cobbs Hoffman, and J. Gjerde, Major Problems in American History. Vol. II Since 1865, p. 97

Persuasive Essay- Beggars Essays

Persuasive Essay- Beggars Essays Persuasive Essay- Beggars Essay Persuasive Essay- Beggars Essay Essay Topic: Persuasive Persuasive essay- beggars When you walk in the street and suddenly see a beggar asking for money, then you may have a dilemma about whether you should give him money or not; if they deserve the money or not. Here I am going to discuss this dilemma. A beggar sitting on the street may have gone trough very difficult time and tough experiences. Therefor, the last resort they have is to beg for money. But why should I give away my money to someone I do not know how would use them? Even though the beggars all have the same goal; ask for money, we can separate them into three different groups. The first group is those who only want the money for alcohol and drugs and felt that begging was the easiest way. The second group is those who have been struggling to get a job but gave up because they did not get one so they decided to start begging. The third group is the little minority of beggars who really have no other options. Begging is an ideology; an ideology that says that there is no better way than the easy way. In Norway there are a lot of helping organizations created only to help people who needs money but do not have. An example of some well known organizations is probably â€Å"Frelsesarmeen† and â€Å"Kirkens Bymisjon†. They know people who really are in need; but cannot afford money to buy clothes and food. Therefore, those organizations provide it to those who are in need. Furthermore, â€Å"Fattighuset† (or the poor house) is very famous among beggars. On Mondays and Tuesdays from 12PM to 3. 30 PM they have clothing distribution, and on Fridays, they have food distribution from 12PM to 3. 30 PM to all their members. According to SSB statistics measures how many people have a persistent low income over three years. Low income is regarded as less than 60% of the overall income level. For a single person, this amount is about 170  000 NOK on average for the years 2007-2009. Statistics from 2009 show that about 360  000 people in Norway earn less than 60% of the general income level. In addition, those helping organizations are willing to receive money from helping hands to those who are in need for help. Moreover, they are also willing to receive anything you feel you do not need anymore as long as it is capable, like kitchen utensils, food, shoes, books, clothing for summer and winter, etc.. Therefore, if you want to be sure the money you give away won’t be used on alcohol or drugs; you can provide them to those organizations. In addition, to not feel guiltiness about not giving money to someone who is starving; you can buy some food for the beggar to be sure he is not hungry. On the other hand, the beggars have the opportunity to find a job with some help from those organizations. It is very hard for a beggar to try to find a job by himself, but if he gets help, it is not impossible. As a result, if you continue giving money to the beggars, their ideology will grow and they will continue begging. This sustains the practice of begging and may encourage other people to also start begging, when in fact; begging should not be an alternative in a rich country like Norway. [ 1 ]. fattighusetoslo. no/ [ 2 ]. ssb. no/emner/05/01/10/inntekt/ [ 3 ]. nrk. no/programmer/tv/migrapolis/1. 7838155 [ 4 ]. fattighusetoslo. no/du-kan-bidra/

Academic Prerequisites to Apply to Medical School

Academic Prerequisites to Apply to Medical School Perhaps it goes without saying that gaining admission to medical school is challenging.  Nearly 50,000 students submit applications each year and about 20,000 matriculate into medical school programs the following Fall semester. How do you ensure entry? While you cant ensure that youll be accepted, you can increase your odds. The successful medical student most commonly holds a pre-med major. But a pre-med major is not the only way to prepare for medical school admissions  Some applicants decide against premed majors.  They earn biology or chemistry degrees, either because their universities don’t offer premed majors or because of their own personal interests.  Science degrees are common because although it’s possible to gain admission to medical school without a pre-med degree, all med schools require that applicants take at minimum eight science classes. These requirements are outlined by the Association of American Medical Colleges (AAMC), which accredits medical schools. That means that completing these courses is a non-negotiable part of your med school application. According to the Association of American Medical Colleges, you must take, at minimum:   One year of BiologyOne year of Physics  One year of EnglishTwo years of Chemistry (organic and inorganic Chemistry) Why Is So Much Science Required? Medicine is an interdisciplinary field in that medical research incorporates skills, concepts, and findings from the many subfields within biology, chemistry, and other sciences.  Successful medical students have a background in these fields that serve as a baseline for their education in medicine.   Medical Schools Are Not Just Interested in Science Classes in mathematics are also important, though not required by the AAMC. Good grades in math indicate that you are able to reason and think like a scientist. The following courses are recommended but not required. Note the integration of liberal arts skills. Additional Recommendations Genetics (Often required)Calculus (Required by many)Molecular biologyStatistics or epidemiologyPsychology (Upper-level course)NeuroscienceEthicsWriting These recommended courses illustrate the basic educational themes that med schools look for in applicants:  the capacity for science, logical thinking, good communication skills, and high ethical standards. It’s Not Just About the Classes Getting into medical school does not simply require completing a set of classes.  Your performance in science classes (and all classes) matters. Specifically, you must earn high grades.  Your overall grade point average (GPA) must be no lower than 3.5 on the US 4.0 scale. Non-science and science GPAs are calculated separately but you should earn at least a 3.5 in each. Ultimately, you don’t need to be a pre-med major to complete these courses and meet the prerequisites for medical school, but a pre-med major makes it easier for you to fulfill all of the prerequisites within 4 years of college. A pre-med major is helpful but not necessary.

Financial markets and sovereign debt Essay Example | Topics and Well Written Essays - 1750 words

Financial markets and sovereign debt - Essay Example Among securities that are traded in the financial markets are bonds, stock as well as commodity materials such as the agricultural products and precious metals. It therefore adopts the notion of a common market in that it presents a platform in which interested buyers meets with interested sellers as well as the commodities on bargain. In a financial market, parties participating are government agencies, individual persons, firms as well as households. This is a common feature with a market economy where the government relies primarily on the structures of buyers as well as sellers in allocation of resources as contrasted to non-market or commodity economies. Besides, the effects vary depending on the stage of development of an economy where in the emerging economies; the governments largely take the responsibility in financial aid and financial management and participation especially for the reason of such eventual occurrences as the sovereign risks (Aizenman, Jinjarak and Park, 201 3, para 1-5; Herrero, 2005, p. 5). Discussion Financial markets and the global economy Basic responsibilities of financial markets in finance include capital summation, risk transfers, discovery of prices, global participation in integrating financial markets as well as liquidity transfers (‘International Monetary Fund’, 2010, p. 1). ... 1-4). The financial markets also brings together borrowers and lenders where in money markets, firms borrow finances on short term while capital markets provide long term based funding to corporations for expansion purposes.The following illustration is on the interactions that are engaged in financial markets as well as the parties to the transactions. Lenders Financial intermediaries Financial markets Borrowers Individuals as well as companies Banks, insurance firms, pension funds as well as mutual funds Interbank Stock Exchange, money Markets, Bond Markets as well as Foreign Exchange Individuals, Companies, Central Governments, Municipalities as well as Public Corporations The relationship depicted therefore shows that borrowers, lenders and financial intermediaries have a common link through the financial markets where stock exchange, bonds as well as foreign currencies are traded. It is worth noting that the interaction of these parties at the international scene depicts the act ual picture of the global economy. Market efficiency is a critical concept that must be employed in the analysis of financial markets as well as the global economy and it involves three categories: strong, semi-strong as well as the weak form of efficiencies. However, the inefficiencies notable in financial markets result from ‘frictions’ which broadly represents asymmetries in information and taxes as well as costs of transactions. Value and liquidity in the transactions are therefore basic features in the consideration of efficiencies in financial markets. The concept of efficiency is very critical in investment decisions by investors within a country besides guiding on such decisions as arbitration and speculation. Information influences the behavior of

Closing the Racial Achievement Gap in our Schools Essay

Closing the Racial Achievement Gap in our Schools - Essay Example Class and culture from which the students come to this school are important role players in the academic life of the students. Integrity among them is never possible without establishing the harmony among them and this has to be done in the academic results, too. This is why taking care of the students varying from one individual to another is an important task for the faculties associated with the institution. Academic achievement is the reason why the students come to Berkeley High School from all the nooks and crannies of the world, and a background of hard and patient work is obviously related to the unparalleled success of this institution. The most important thing about this research work is that Noguera and Wing have talked to everyone connected with the business. Apart from the members of the school authority and its staffs, the editors have worked with guardians of the students, too. This operation has made them successful in portraying a wholesome picture in the book. Identifying the main factors that differentiate from one student from another has been successfully deduced by Noguera and Wing in their edited work. The work shows that history has played a vital role in the formation of ideas regarding racism in USA: "the cause of such pronounced differences in academic outcomes is not some form of inherent racial difference or racism." (Page 5) The biological differences have been prominent through the traditional processes of education that are active in different academic establishments throughout the country. Apart from the Afro-American students Noguera and Wing have also taken the Asian students into consideration. Maintaining a perfect harmony among... This essay stresses that class and culture from which the students come to this school are important role players in the academic life of the students. Integrity among them is never possible without establishing the harmony among them and this has to be done in the academic results, too. This is why taking care of the students varying from one individual to another is an important task for the faculties associated with the institution. Academic achievement is the reason why the students come to Berkeley High School from all the nooks and crannies of the world, and a background of hard and patient work is obviously related to the unparalleled success of this institution. The most important thing about this research work is that Noguera and Wing have talked to everyone connected with the business. Apart from the members of the school authority and its staffs, the editors have worked with guardians of the students, too. This operation has made them successful in portraying a wholesome p icture in the book. This paper explores that the biological differences have been prominent through the traditional processes of education that are active in different academic establishments throughout the country. Apart from the Afro-American students Noguera and Wing have also taken the Asian students into consideration. Maintaining a perfect harmony among the students from almost the opposite sides of the world is a real challenge for any institution.