ESmith Assignment 10: National and Global Finance Essay

(16.0 points) 1. Choose an example of a type of new company you could start, and then use this company idea to answer the questions below. You might choose a pet store, a restaurant, a tutoring business, or something else. This can be the same type of company you chose in assignment 8 or 9, or it can be different. a. Describe the type of business you chose. (1-2 sentences. 0.5 points) * The type of business I would start would be for family or friends gatherings. This business would be place people come to eat and social, a nice, warm environment. b. Describe at least two ways in which the local, state, or federal government would have an impact on your business. (2-4 sentences. 1.0 points) * Whether businesses owners know it or not, but the government create laws and regulation to protect the business. Two ways the government would have an impact on my business is by setting a price ceiling and price floor. These both determines whether or not my items is too high or low for its’ good. 2. Describe at least one advantage and one disadvantage of price ceilings and price floors. Do you think price ceilings and floors are more helpful or more harmful to consumers and the economy? Explain. (2-4 sentences. 1.0 points) * One advantage of price ceilings is that it helps the consumers to have a chance to buy products, and stop producers of taking advantage of such a catastrophe. The disadvantage between this price ceiling and the common ones is that the price ceiling is set on the equilibrium before the catastrophe and not under the equilibrium. 3. Describe at least two negative outcomes of having too little money and credit in the economy. (2-4 sentences. 2.0 points) * It would cause a scarcity of currency, leading to rapid deflation, and also, overproduction of goods means major markets would plummet in value, outbalancing demand, leading to major losses for the producers. 4. Describe at least two negative outcomes of having too much money and credit in the economy. (2-4 sentences. 2.0 points) * Negative effects of inflation include an increase in the opportunity cost of holding money, uncertainty over future inflation which may discourage investment and savings, and if inflation is rapid enough, shortages of goods as consumers begin hoarding out of concern that prices will increase in the future. 5. Which Fed tool do you think is most important, and why? (2-4 sentences. 1.0 points) * The most important job the Fed has is to manage the nation’s money and the overall economy. Controlling the inflation rate and maintaining employment and production aren’t easy tasks. The Fed has to have some pretty hefty tools up its sleeve in order to influence the economy of an entire country — especially one the size of the United States. 6. Choose one of the following government agencies or laws: FTC, EPA, FDA, CPSC, OSHA, FLSA, EEOC, ADA, SEC, or Affirmative Action. Search online to learn more about the agency or law, and then describe three specific things the law or agency accomplishes. Make sure the information comes from a trustworthy website. Include a link to the website in your answer. (3-6 sentences. 1.5 points) * The Food and Drug Administration (FDA) is a U.S. agency responsible for protecting the public health by assuring the safety, efficacy, and security of human and veterinary drugs, biological products, medical devices, our nation’s food supply, cosmetics, and products that emit radiation. www.fda.gov/Food/FoodSafety/FSMA/ucm247559.htm 7. Describe at least two products that are commonly imported into the United States. (1-2 sentences. 0.5 points) * Products that are commonly imported in the United States are oil, cars, and clothes. These products are very important to humanity. 8. Describe at least two products that are commonly exported from the United States to other countries. (1-2 sentences. 0.5 points) * Products that are commonly exported from the United States are things such as medicines,  aircrafts, and cars. These are products are also important to humanity of different countries. 9. Why does the U.S. government encourage U.S. companies to sell their products in other countries? Explain how this helps the U.S. (2-4 sentences. 2.0 points) * So companies can increase company revenue and be able to dominate international markets in order to establish more stores and spread product around. A good example is McDonalds, they are everywhere. This helps the US because in revenue allows a company to keep its base in the US, increase the national gross product, drive consumer activity, keep jobs, and increase the export business, which goes along with jobs. 10. Find the value of one U.S. dollar in a foreign currency. You might choose the Euro, the Japanese Yen, the Canadian dollar, or another currency. List the type of currency and the current value of the U.S. dollar in that country. (1.0 points) TIP: http://www.google.com/finance/converter is a good resource for foreign currency information. * Here is a good resource for foreign currency information.. 1 USD = 0.7650 EURO ; 1 USD = 83.1800 JPY ; 1 USD = 0.9846 CAD 11. Describe at least three exchange rate factors that are likely to attract foreign investors to a country’s currency. Explain why these factors are attractive for foreign investors. (3-6 sentences. 3.0 points) * Exchange rates are prices that are determined by supply and demand. For some countries the exchange rate is the single most important price in the economy because it determines the international balance of payments. Although no model has been consistent in predicting short-term foreign exchange rate behavior, there are several major concepts that play a role in determining the long-term behavior of foreign exchange rates. The first concept is based on the idea that the current price of an asset reflects all available information; and therefore, only unexpected events cause exchange rates.

Intergovernmental Organisations Essay

a) Explain how membership of intergovernmental organisations gives some countries political and economic power. (10) Being a member of intergovernmental organisations does give some countries political and economic power. Like figure 4 shows, the USA is part of many intergovernmental organisations and they have the status of a superpower showing there are clear benefits of being a part of IGOs. However, some may argue that countries such as China and India are rising in both political and economic power yet like figure 4 shows, they are barely part of the leading IGOs. Therefore, membership of intergovernmental organisations does give some countries political and economic benefits but there is evidence to show that not being apart of an IGO still allows for development in a countries wealth and political stance. Economically, being a part of the World Trade Organisation like many leading superpowers are (for example, the UK and the USA) does allow for these leading countries to have influence in trade decisions. This means that they can benefit economic decisions to suit themselves. For example, the USA can exploit LDC’s such as Bangladesh by taking more imports for a less expensive price. Furthermore, being a member of the International Monetary Fund means that countries have the voting power to influence the economic policies of other countries. Thus these countries can create friendly policies towards TNCs that are based in their own country, greatly benefiting their own wealth. Additionally, being apart of the EU and NATO in which many of the countries that are part of many IGOs are part of have trade blocs which can cater for the protection of key markets and still help intraregional trade. Therefore it does seem that economic power of a country does improve with the help of being a part of IGOs such as the World Trade Organisation.

Racial Profiling Essay

A person should not be judged due to their appearance. Today skin color makes you a suspect in America. It makes you more likely to be stopped, more likely to be searched, and more likely to be arrested and imprisoned. When police officers stop or charge a person based on their race; that’s racial profiling. Racial profiling has been occurring around the nation for years. Statistics show that if a Caucasian man and an African American man are both driving a nice car and speeding at the same time; the police officer is most likely to stop the African-American man. Not only is racial profiling wrong, but is disrespectful to minorities, and should be illegal throughout America. Racial profiling should be illegal because it causes discomfort and humiliation to many minority citizens, lack of unity in the American people, and the possibility of real criminals getting away because he is not a minority thus becoming a threat to society. Racial profiling causes a huge discomfort and humiliation to many minority citizens. New Jersey officials admitted to racial profiling on April 20, 1999. The report showed that racial profiling practices in New Jersey are not just an insight. The report recognized the targeting of African American and Latino drivers to troopers who abused their positions by ignoring the rights of minorities. Police officers don’t understand how degrading and humiliating this can be. Yes racial profiling can be used by countries to fight crimes thus giving security to its citizens, but it also causes a discomfort to minorities. Additionally, the more police continue to arrest citizens based on their race, cultural background, and religion the more we lack unity in America. When police officers offend minorities by racial profiling, it makes the country divide even more. You would think that after the civil rights movement people would become as one; however, racial profiling only makes it worse. How can we unite as a country if we can not look past the surface? Racial profiling is a great divider among the people in America; if America can not look past its differences this problem will worsen, and then America, the land of the great, will fall. Don’t ask what the police can do to make the situation better-but what can we do to help the police make the  situation better! The Possibility of real criminals getting away is becoming a threat to society because police are overlooking the fact that he or she is not a minority. If a detective is given a description that does not include the ethnicity of the suspect, they automatically search for a suspect that has the ethical background of the African American, or Hispanic decent. This happens because African-Americans and Hispanics are known for causing the most crimes, which is why we need to stop the racial profiling. With that being said, this inevitably disregards all the possible suspects who are not of the minority decent. Even though racial profiling is used by police to narrow down their search for the possible suspects, minority citizens become more intensified with the fact that they are the ones being targeted and accused for such crimes that they did not commit. To conclude, racial profiling is a conflict all around America. We as citizens in America need to our best to stop racial profiling; I reiterate we need to try our best to stop racial profiling! I heard this quote once â€Å"United we stand, but divided we fall.† This quote should urge you to want to put an end to racial profiling. Racial profiling is something that may never stop in America. It is wrong and unjust. Still, it is something worth fighting for, for the many who suffer because of the problem and for this country in general. Everyone has different opinions on Racial Profiling, some people say there are benefits or others have negative impacts on racial profiling.

Grammatical Development in L2 Learners Essay Example | Topics and Well Written Essays - 1000 words

Grammatical Development in L2 Learners - Essay Example Grammatical knowledge, or as some label it linguistic knowledge, entails the ability to produce certain sounds that have certain meanings and to understand the sounds made by others. Also, a further widely accepted definition of grammatical knowledge is the subconscious internalized knowledge of language structure and rules that help learners generate communicative utterances, momentarily analyze and comprehend received ones, and respond appropriately (Gass & Selinker, 1994). In other words, it's the ability to produce and comprehend proper communicative utterances in conversations. Chomsky argued that children learn language not by habit formation but by acquisition a set of rules or grammar. This grammar will have a finite number of rules, but will be capable of generating an infinite number of well-formed sentences. Most of these sentences are new to our experience. This linguistic knowledge must have a generative capacity. In other words, children do not learn and reproduce a large set of sentences, but they routinely create new sentences that they have never learnt before. This is only possible because they internalize rules rather than strings of words; extremely common examples of utterances, such as "it breaked" or "mummy goed" Show clearly that children are not copying the language around them but applying rules. The task of the linguist, he claimed, is to describe this universal human ability, known as language competence, with a grammar from which the grammars of all languages could be derived. The linguist would develop this grammar by looking at th e rules children use in hearing and speaking their first language. He termed the resulting model, or grammar, a transformational-generative grammar, referring to the transformations that generate language. (Chomsky, N. (1986) When language use is considered as communication, the concepts of input, comprehensible input, and comprehensible output are appropriate metaphors because they call for images of messages (Swain & Lapkin, 1998). Corder, in (1976) made an important distinction between what is available to the learner to learn (input) and what has become part of his/her procedural knowledge (intake). What is available to the learner to learn does not count as part of his/her grammatical knowledge until it is integrated in the learner's current inter-language system. Thus, it's not enough to know about rules, lexemes, and sounds, but rather to be ready to use them whenever the learner is engaged in actual speech events. Furthermore, Sorace (1993a, 1993b, and Brad, Roebrtson, & Sorace, 1996), argued that there are two kinds of changes which occur learner's grammars: discontinuous and continuous. What Sorace interpreted from looking at data from learners of Italian was a differentiation in terms of input use with regard to auxiliary selection. She claims that it is possible for the input, or what she calls the evidence available to the learner, to have a varying effect depending on the part of grammar to be affected - more so for lexical semantics and les so for syntax. Some grammatical structures can be learned explicitly while others may only be taught implicitly through interaction because even if they can be logically justified, they are still not used by him/her

PROSTITUTION MUST BE LEGALIZED IN THE UNITED STATES Essay - 1

PROSTITUTION MUST BE LEGALIZED IN THE UNITED STATES - Essay Example In order to change the face of the criminal justice system and the prison management system, prostitution should be made legal and it should be highly supervised and regulated. Prostitution has been witnessed in the US society for several years, several rules and regulations have been made to erase every possible element of prostitution but no government regulation or government itself has been able to counter it. Prostitution is not only a part of US, it is even a part of the most conservative and religious nations throughout the world. Utah is one of the states that have very high rate of population, even criminal justice operators and officials seem to believe that prostitution is a very huge business within US. Legalization of prostitution has a very huge history; certain rights were awarded to the prostitutes within Egypt during the era of 18th century. Various nations have allowed prostitution to operate as a legal business, these nations have ensured that even the profession such as prostitution is conducted in a moral way and other immoral activities are not being conducted behind the walls of the brothels available in these nations. Recently, Neva da and Rhode Island, two of the states of the US has accepted this profession as a legal business within the state (Moss 360). Holland has taken an upper hand and has accepted the businesses conducted by brothels as a legal business. Holland accepted prostitution and has levied heavy rules and regulations on this business and this business operates in a moral fashion. One of the reasons due to which prostitution should be legalized is the reason due to which individuals choose the path of prostitution. Prostitutes conduct their business in a pretty secretive manner as the law enforcement agents do not all people of this profession to conduct business openly on the streets. Due to this, the business does not

Political Science Term Paper Example | Topics and Well Written Essays - 750 words

Political Science - Term Paper Example Other government funded interests such as education, military and infrastructure will suffer greatly as well. Why these statements are valid along with imparting a general overview of the national debt so as to illuminate the crisis is this paper’s purpose. When Congress spends more than is collected, the country incurs a debt and must borrow money from foreign countries, mainly China, to remain operational. The national debt currently exceeds $13.7 trillion dollars (U.S. Treasury, 2010). According to the U.S. Treasury Department, the yearly payment on this debt, the deficit, reached $1.29 trillion as of last month (October, 2010). (Bartash, 2010). These figures are well past most peoples’ comprehension. Started in 1791, the national debt was, by those days’ standards, an incredible $75 million. Due to President Andrew Jackson’s prudent approach to government spending, the national debt was lowered to, again adjusted to today’s standards, to only $37 thousand. The Reagan/Bush administrations of the 1980’s ran the debt up by historic proportions. The massive increase of debt was not used for infrastructure, education, public programs or even to finance a war. As a result of Reagan’s ‘trick le down’ economic theory, the money wound up in the pockets of the rich. When President Clinton took office in 1993, the debt stood at $2.4 trillion. In the early 1990’s, Congress adopted a ‘pay-as-you-go’ policy and federal spending cuts which resulted in budget surpluses for four consecutive years. Clinton announced that the nation could pay off the debt by the year 2013 if it stayed on the present course (Schoen, 2006). That optimistic predication has long since been forgotten. Since 2000, the debt has more than quadrupled. In this time of increased globalization of the world’s financial markets, American legislators are more easily able to borrow from other countries that are experiencing a surplus of

To investig_te the process of decision m_king th_t le_ds to the Dissertation

To investig_te the process of decision m_king th_t le_ds to the perform_nce of _ project in _n org_nis_tion - Dissertation Example I am also grateful towards my University and my Department, the administrators, faculty members and fellow students for their support throughout this study. DECLARATION I, (Nana), would like to declare that all contents included in this thesis/dissertation stand for my individual work without any aid, & this thesis/dissertation has not been submitted for any examination at academic as well as professional level previously. It is also representing my very own views & not essentially which are associated with university. Signature: Date: 2nd April 2013 TABLE OF CONTENTS ACKNOWLEDGEMENT II DECLARATION III CHAPTER 1: INTRODUCTION 1 CHAPTER 2: LITERATURE REVIEW 15 2.8.1. Technology-Use Ð °nd Decision-MÐ °king Processes 27 2.8.2. Decision-MÐ °king Process Ð °nd TeÐ °m PerformÐ °nce 28 2.10.1. Environmental FÐ °ctors 31 2.10.2. InternÐ °l FÐ °ctors 32 2.10.3. Decision ApproÐ °ch 32 3.3. Research Method and Appropriateness 44 3.10 Research Instrument 53 3.11 Ethical Considerations 54 Chapter Four: Results and Analysis 57 4.1. Results 57 4.1.1. Conclusion 61 4.2. Analysis 62 4.3. Conclusion 66 References 67 CHAPTER 1: INTRODUCTION 1.1. Overview HistoricÐ °lly, the trÐ °ditionÐ °l view of the strÐ °tegic mÐ °nÐ °gement process, specificÐ °lly strÐ °tegic decision mÐ °king hÐ °s been entrusted solely to the orgÐ °nizÐ °tion's top mÐ °nÐ °gement teÐ °m (TMT) (HÐ °tten & RosenthÐ °l, 2002, pp. ... 112-132). Pech Ð °nd Durden (2004) Ð °rgued thÐ °t "mÐ °ny orgÐ °nizÐ °tions fÐ °il becÐ °use of weÐ °knesses in the decision processes of their leÐ °ders" (p. 66). Pound Ð °rgued thÐ °t "most performÐ °nce crises Ð °re not becÐ °use of incompetence or wÐ °ywÐ °rd mÐ °nÐ °gers, but becÐ °use of fÐ °ilure of judgment" (CrossÐ °n, Fry, & Killing, 2005, p. 121) believing thÐ °t strÐ °tegic thinking is needed throughout the orgÐ °nizÐ °tion, not just Ð °t the top. As Ð ° result, there hÐ °s been Ð ° shift within strÐ °tegic mÐ °nÐ °gement in terms of strÐ °tegic decision mÐ °king, where the trÐ °ditionÐ °l decision-mÐ °king pÐ °rÐ °digm hÐ °s undergone Ð ° trÐ °nsformÐ °tion. In this sense, strÐ °tegic decision mÐ °king is Ð ° subset of the overÐ °ll strÐ °tegic mÐ °nÐ °gement process itself of which leÐ °dership is of pÐ °rÐ °mount importÐ °nce. While pÐ °rt of the sÐ °me whole, there Ð °re subtle distinctions thÐ °t will be dis cussed moving forwÐ °rd Ð °s it specificÐ °lly relÐ °tes to strÐ °tegic decision mÐ °king. Business Ð °nd corporÐ °te leÐ °dership now embrÐ °ces the concept of inclusivessness Ð °s put forth by Floyd Ð °nd Wooldridge (1997). The new Ð °ge of the knowledge worker hÐ °s emerged where Ð °ll knowledge is importÐ °nt Ð °nd of strÐ °tegic vÐ °lue to the orgÐ °nizÐ °tion's leÐ °dership (KÐ °ufmÐ °n, 2003, pp. 325-336; Holt, Self, ThÐ °l, & Lo, 2003, pp. 546-549; RÐ °elin, 2004, pp. 89-94 ; Peters, 2005, pp. 106-109). Involvement of Ð °dditionÐ °l employees needs to be included in the strÐ °tegic decision-mÐ °king process to include this knowledge, regÐ °rdless of where the knowledge comes from or who possesses it, in order for Ð °n orgÐ °nizÐ °tion to sustÐ °in competitive Ð °dvÐ °ntÐ °ge in the globÐ °l

Examination of Curriculum and Assessment Essay Example | Topics and Well Written Essays - 500 words

Examination of Curriculum and Assessment - Essay Example plan for learners in grade 3-5 the curriculum is well designed as it meets most of the requirements in terms of the objectives of the study the deliverables that are expected out of the learning process and the entire process it topped up with a comprehensive assessment, which will test the level of comprehension of the learners to ascertain if the objectives of the course were indeed met. The course is fashioned in the right manner and it will serve of great significance to the students since the knowledge that they will gain revolves around the daily experiences in their lives especially in the American society where the issue of immigration is a significant problem since there is an influx of a vast number of unregistered immigrants who illegal cross over the border to seek refuge in the country. Some of the learners may be experiencing this problem first hand thus, the lesson will tend to give them knowledge and facts about the issue while elaborating the background of the proble m and the potential solution that can be sought to solve it amicably (Hyland & University College, 2000). The immigration lesson plan is designed in a manner that it gives the learners an in-depth perspective on the topic by dispensing a pool of knowledge that is related to the issue of immigration in the world and particularly in America hence helps them to have a higher degree of risk and how experts use the very information and knowledge to formulate relevant policies that will help to deal and solve the problem amicably. Furthermore, the primary aim of any syllabus is to equip learners with the skills of critical thinking so as they can be able to utilize the knowledge they have acquired in class to devise a solution for the challenges that they face in their environment (Leyendecker & Akker, 2008). The immigration lesson touches on the social issues that are predominant in the American society, hence, the learners are privilege to utilize the skills of thinking critically and

COMMUNICATION AND DECISION MAKING Essay Example | Topics and Well Written Essays - 500 words

COMMUNICATION AND DECISION MAKING - Essay Example In my personal scenario, the 2 highly defined strategic aspects are logical processor and hypothetical analyzer. From a broad perspective, logical processor has an innate ability to critically analyze the situation with the prescribed rules and regulations and help in providing a detailed and a vivid result. To me, this strategy helps to make myself stable as it helps me to assure that the relevant information required has been processed efficiently and effectively.  As an individual, it gives me the ability view my problems with the optimum level of care and also helps to consider certain important factors which are involved before moving on to a conclusion. Such technical aspects help me to find the core aspect of problem-solving in a highly interesting and intriguing manner. Being a logical processor helps me to keep a relevant track record of my work and helps me in being highly organized, specifically because this approach is highly methodical. This approach is highly pragmatic as it goes to the core of the problem and offers various alternatives. My Strategic style directly coincides with the conservator strategic pattern. By closely analyzing my traits and attributes, my communication and decision making strategy may work differently depending on the specific situation. In such a scenario, the ability to communicate would certainly vary and it depends on whether the attributes of logic and sensitivity have been used. Being a Conservator helps me in attempting the optimum solutions in a specified structure. Such method is suitable for situations where there is very low margin for error. This style is suitable for me because it is directly characterized by having a strong adherence for procedural and innovative techniques (Visser, 1999). It is evident that decision making can be defined as a process which needs consistent and adequate level of planning for achievement of desired results. Planning helps to ease and

The Role and Function of Stock Market Research Paper

The Role and Function of Stock Market - Research Paper Example Therefore, the illegal influence of counterparty on the transaction is eliminated to an investment whether invested by an investor or corporation. The smooth execution of stock markets activities not only helps profitable development at lower costs but also project the production of industry as well as employment. Moreover, the inoperative deposits with banks are used for cultivation of various economic sectors such as agriculture, commerce and trade. Thus, by playing its vital role in promoting economic system, its also increases the societal prosperity in the state. Generally the stock markets consist of board of directors, chief executive officer (CEO), deputy chief executive officer (DCEO) and heads and staff of departments and sections. The general administrative structure of stock markets is as follows: (iii) It also suggests most suitable solutions to business problems and prepares trading announcements. Moreover, it is responsible to ensure that these reports must reach to the concerned parties, trading system operators and conducts the required investigation to license them to function. It is a sub-market of the London Stock Market. ... Moreover, it is responsible to ensure that these reports must reach to the concerned parties, trading system operators and conducts the required investigation to license them to function. (iv) It takes actions on the execution of the applicable listing instructions by security issuers. (b) Surveillance and Inspection Department. This Department undertakes the following tasks: (i) Executed trading operations are surveiled on the stock markets to ensure their agreement with valid legislations. (ii) It scrutinizes members of stock exchange and registers them to ensure their conformity with rules and regulations of the market. (iii) It receives, examines and recommends appropriate solutions to investors' complaints. (c) Legal Department. Role and task of this department is as follows: (i) This department issues legal procedures and advices to all sections of stock market regarding outgoing and incoming correspondence. (ii) All the agreements and contracts are reviewed by this department. (iii) It acts upon court decisions passed related to securities. Also it follows up the cases raised by stock market or against it. (d) Research and International Relations Department. This Department has the following tasks: (i) It collects the data and information from various departments of the stock market regarding economic and financial studies and then research on it to conclude statistical facts and figures (ii) It prepares official press releases and computes indexes. (iii) For the public awareness, this department arranges conferences, visits and training workshops. (e) IT Department. This Department does the following tasks: (i) IT department is responsible for the protection, maintenance and updating of software and hardware systems

Ireland during World War I And the Role Britain Played Research Paper

Ireland during World War I And the Role Britain Played - Research Paper Example This essay stresses that after looking at the legislative measures passed during World War I and the events of Irish Revolution, it is evident that World War I was giving Britain too many problems. These developments ultimately gave the Irish people an opportunity to force Britain so that free Republic state of Ireland could be formed. This paper makes a conclusion that Britain followed a policy of sharp oppression in order to crush the rising. It was mainly fuelled by the belief that the rebels were acting with German connivance and help. However the execution of the revolutionaries by the government resulted in widespread public revulsion. This exacerbated the growing alienation of the Irish from the British administration. This in turn led to Irish popular support for the republican separatist movement Sinn Fein. Strong suppression of the Easter Rising by the British fueled popular support in Ireland for the Republican separatist movement Sinn FÃ ©in . It was due to this fact and the conscription crisis of 1918 that Sinn FÃ ©in was able to defeat the Redmondite nationalists in the general elections of December 1918 and won most of the seats. In short it can be said that the strong suppression of the rebellion alienated the British from the Irish. The political background of the Irish Revolution was set in the strong suppression of the rebellion by the United Kingdom. Strong suppression of the rebellion by the British Empire led to the fact that people of Ireland began to have sympathy for the revolutionaries and their agenda which led to the electoral victory of Sinn FÃ ©in.

Satyam Case Study Essay Example for Free

Satyam Case Study Essay The Satyam Computer Services scandal was a corporate scandal that occurred in India in 2009 where chairman Ramalinga Raju confessed that the companys accounts had been falsified. The Global corporate community was shocked and scandalised when the chairman of Satyam, Ramalinga Raju resigned on 7 January 2009 and confessed that he had manipulated the accounts by US$1.47-Billion. Contents [hide] 1 Role of Auditors 2 Aftermath 3 New CEO and special advisors 4 Acquisition by Mahindra Group 5 See also 6 References 7 External links Role of Auditors[edit source | editbeta] PricewaterhouseCoopers was the statutory auditor of Satyam Computer Services when the report of scandal in the account books of Satyam Computer Services was broke out. The Indian arm of PwC was fined $6 million by US Securities and Exchange Commission for not following the code of conduct and auditing standards while pursuing its duties while auditing the accounts of Satyam Computer Services.[1] Aftermath[edit source | editbeta] Ramalingam Raju along with 2 other accused of the scandal, had been granted bail from Supreme court on 4 November 2011 as the investigation agency CBI failed to file the chargesheet even after more than 33 months Raju being arrested. Raju had appointed a task force to address the Maytas situation in the last few days before revealing the news of the accounting fraud. After the scandal broke, the then-board members elected Ram Mynampati to be Satyams interim CEO. Mynampatis statement on Satyams website said: We are obviously shocked by the contents of the letter. The senior leaders of Satyam stand united in their commitment to customers, associates, suppliers and all shareholders. We have gathered together at Hyderabad to strategize the way forward in light of this startling revelation. On 10 January 2009, the Company Law Board decided to bar the current board of Satyam from functioning and appoint 10 nominal directors. The current board has failed to do what they are supposed to do. The credibility of the IT industry should not be allowed to suffer. said Corporate Affairs Minister Prem Chand Gupta. Chartered accountants regulator ICAI issued show-cause notice to Satyams auditor PricewaterhouseCoopers (PwC) on the accounts fudging. We have asked PwC to reply within 21 days, ICAI President Ved Jain said. On the same day, the Crime Investigation Department (CID) team picked up Vadlamani Srinivas, Satyams then-CFO, for questioning. He was arrested later and kept in judicial custody.[2] On 11 January 2009, the government nominated noted banker Deepak Parekh, former NASSCOM chief Kiran Karnik and former SEBI member C Achuthan to Satyams board. Analysts in India have termed the Satyam scandal Indias own Enron scandal.[3] Some social commentators see it more as a part of a broader problem relating to Indias caste-based, family-owned corporate environment.[4] Immediately following the news, Merrill Lynch (now a part of Bank of America) and State Farm Insurance terminate d its engagement with the company. Also, Credit Suisse suspended its coverage of Satyam.[citation needed]. It was also reported that Satyams auditing firm PricewaterhouseCoopers will be scrutinised for complicity in this scandal. SEBI, the stock market regulator, also said that, if found guilty, its license to work in India may be revoked.[5][6][7][8][9] Satyam was the 2008 winner of the coveted Golden Peacock Award for Corporate Governance under Risk Management and Compliance Issues,[10] which was stripped from them in the aftermath of the scandal.[11] The New York Stock Exchange has halted trading in Satyam stock as of 7 January 2009.[12] Indias National Stock Exchange has announced that it will remove Satyam from its SP CNX Nifty 50-share index on 12 January.[13] The founder of Satyam was arrested two days after he admitted to falsifying the firms accounts. Ramalinga Raju is charged with several offences, including criminal conspiracy, breach of trust, and forgery. Satyams shares fell to 11.50 rupees on 10 January 2009, their lowest level since March 1998, compared to a high of 544 rupees in 2008.[14] In New York Stock Exchange Satyam shares peaked in 2008 at US$29.10; by March 2009 they were trading around US$1.80. The Indian Government has stated that it may provide temporary direct or indirect liquidity support to the company. However, whether employment will continue at pre-crisis levels, particularly for new recruits, is questionable .[15] On 14 January 2009, Price Waterhouse, the Indian division of PricewaterhouseCoopers, announced that its reliance on potentially false information provided by the management of Satyam may have rendered its audit reports inaccurate and unreliable.[16] On 22 January 2009, CID told in court that the actual number of employees is only 40,000 and not 53,000 as reported earlier and that Mr. Raju had been allegedly withdrawing 200 million (US$3 million) every month for paying these 13,000 non-existent employees.[17] New CEO and special advisors[edit source | editbeta] On 5 February 2009, the six-member board appointed by the Government of India named A. S. Murthy as the new CEO of the firm with immediate effect. Murthy, an electrical engineer, has been with Satyam since January 1994 and was heading the Global Delivery Section before being appointed as CEO of the company. The two-day-long board meeting also appointed Homi Khusrokhan (formerly with Tata Chemicals) and Partho Datta, a Chartered Accountant as special advisors.[18][19] Acquisition by Mahindra Group[edit source | editbeta] On 13 April 2009, via a formal public auction process, a 46% stake in Satyam was purchased by Mahindra Mahindra owned company Tech Mahindra, as part of its diversification strategy. Effective July 2009, Satyam rebranded its services under the new Mahindra management as Mahindra Satyam. After a delay due to tax issues[20][21] Tech Mahindra announced its merger with Mahindra Satyam on 21 March 2012, after the board of two companies gave the approval.[22][23] The companies are merged legally on 25 June 2013.[24][25] See also[edit source | editbeta]

The Dutch Health Care System Health And Social Care Essay

The Dutch Health Care System Health And Social Care Essay After years of spiraling health costs, change was needed to the Dutch Health Care System. A dual system was introduced January 2006 comprising of compulsory private health insurance and government provided health care. Compulsory private health insurance finances all primary and  curative care  (i.e. the family doctor service and hospitals and clinics). Social insurance funded by earmarked taxation covers long term care for the elderly, palliative care, and the long term mental health patients needs. Primary Health care is provided by family physicians, district nurses, home care givers, midwives, physiotherapists, social workers, dentists and pharmacists. Each person must be registered with a local family physician. The general practitioner makes referrals to specialists or hospitals. The Netherlands has world class hospitals, including eight university hospitals. Each of the university hospitals offer services such as  neurosurgery,  cardiac surgery, a high-level  emergency department, advanced  oncology, departments for infectious diseases, and other services generally not found in smaller hospitals. A level and type of care similar to that offered by university hospitals is offered by a number of large hospitals which are not directly affiliated with a university, though these hospitals tend to be somewhat smaller. These hospitals are frequently referred to as top-clinical centers. Most of the hospitals in The Netherlands are private not-for-profit institutions. This compares well with the Australian health care system. Although Australia has a strong private health care system, it is not compulsory. Government funded health care provides excellent care in public hospitals, primary health care included visits to gps, and discounted pharmaceuticals. Role of Government Dutch Health care is regulated by the Ministry of Health, Welfare and Sport, and the current Minister is Edith Schippers. Marlies Veldhuijzen van Zanten-Hyllner is State Secretary for Health, Welfare and Sport. The Ministry of Health, Welfare and Sport de ¬Ã‚ nes policies that aim to ensure the wellbeing of the population to lead healthy lifestyles. One of the main objectives of the Ministry of Health, Welfare and Sport is to guarantee access to a system of health care facilities and services of high quality where all citizens have private health care. The Ministry has acts within the Exceptional Medical Expenses Act (AWBZ) and the Sickness Fund Act (ZFW). Local authorities work with the Ministry of Health, Welfare and Sport to provide public health care to the community. Local authorities are involved in public safety policies, including the the implementation of the Medical Assistance (Accidents and Disasters) Act.). The Ministry also coordinates the National Institute of Public Health and the Environment, a major knowledge centre for public health care. The Ministry of Interior and Kingdom Relations is responsible for: standards in public administration policy on urban areas the integration of minorities coordinating integrated public safety and security policies Funding Finance Minister Jan Kees de Jager reported on 12 May 2011 that the rising cost of healthcare is the biggest challenge facing the Netherlands and the rest of the world. This increased spending on Australian health care reflects this trend. Over the past decade, the cost of healthcare has risen by 4% a year, while the economy has only grown 2%, he said. That is unsustainable, he said. At some point that single category will eat up the entire economy. The Netherlands spent à ¢Ã¢â‚¬Å¡Ã‚ ¬60bn (A$80bn) on healthcare in 2010.. De Jager said the solution does not lie in increasing premiums or cutting coverage. In the long term you cannot avoid looking for solutions within healthcare itself, he said. How we approach this is the biggest challenge that we have to deal with, for both the Netherlands and the rest of the world. Australia is facing the same issue of rising health care costs. The government has implemented incentive schemes to encourage a higher percentage of Australians taking up private health insurance (30% private health insurance rebate) as well as a 3% medicare levy for those earning over $70 000 who do not have private health insurance. Workforce The Dutch Health Care system is facing a universal issue with its health workforce. The ease of travel through EU and geographic proximity of countries has created a very mobile health workforce. The report xxxxxx Health Worker migration from Western Europe, may increase, adversely affecting health system performance in other countries, particularly those that have joined the EU since 2004. The Netherlands Ministry of Health, Welfare and Sport is responsible for the development of policies to ensure the health and social wellbeing of the residents in this small densely populated country. The Netherlands is similar to the United States in having a health system based on private providers with government responsibility for the accessibility, affordability and quality of health care. Health insurance is compulsory and the government contributes for those unable to pay. General practices are private businesses which enter into a contract with insurers to supply services to the customers of the insurance company. GPs are paid a capitation fee per patient registered with their practice, a fee per consultation and a negotiable reimbursement for practice costs, depending on services offered, staff employed, and the achievement of quality and efficiency indicators. These fees are paid to the GPs by the insurance companies. Most GPs are independently established and self-employed. Patients in The Netherlands choose their own family physician, but are required to register with a practice. Many practices employ a practice nurse to provide chronic disease management and most GPs employ doctors assistants who can perform simple medical procedures such as taking blood pressure, syringing ears, giving injections and performing vein punctures under instruction from GPs. Out-of-hours centres or cooperatives provide access to PHC services from GPs, nurses or doctors assistants from 5pm to 8am. The report indicates a pull from health works in countries further east and south seeking better pay and career opportunities. There are large disparities in health expenditure across the EU, as well as skill shortages (actual and projected) in many health systems in western Europe, which may exert a pull on health workers in countries further east and south seeking better pay and career opportunities. This raises important questions what is the evidence that health workers are migrating, and is any migration temporary or permanent? If health worker migration is an issue, what are the options for policy makers? What are the push and pull factors and how can they be addressed? It is critical that the issue of migration is examined in the broader context of the dynamics of health care labour markets, and that any policy solutions focus on improving monitoring as well as managing what is happening. It is also crucial to understand migration trends in relation to existing stocks and flows of health workers. In order to do this, better and more complete data are needed to monitor the situationso that policy decisions can be made from an informed perspective. Conclusion In summary, The Netherlands are facing the same health care themes as the rest of the world, including Australia. A mobile workforce has led to a health care worker shortage. Increasing health care costs has led the government to rethink private health insurance and the Dutch government implemented a compulsory system in .

Web Design Essay -- Internet Graphics Designing Essays

Web Design Introduction When the Internet and World Wide Web were first created, they were designed a research tools and for the distribution of information through information systems networks. But as the use of the Web has become increasingly more complex, the focus on Web pages and their design has initiated a number of major changes. Initially, static Web pages were common, but the focus in recent years has been on the development of dynamic Web pages which are linked to databases and allow for the integration of information on a number of different levels. Web sites have progressed to a new level of sophistication, especially in terms of their capacity to track and store usage patterns and allow for the utilization of this information in the development of target advertising and focusing for both the Web page and subsequent connected databases (Tebbe N23). The development of dynamic Web sites requires strong tools and correlated databases that can retain the information that is gathered through this tracking process, and in order to become truly dynamic, Web sites must also be able to provide a company with the most up-to-date information or data that is both clear and graphically appealing (Tebbe N23). It is not surprising that many of the major industry developers have focused on ways to develop better and more interactive Web pages, and Microsoft and Netscape, for example, have focused on the development of enhanced version of HTML as a means of supporting the development of dynamic Web sites without requiring that developers have significant expertise in composing ActiveX and Java applets (Dobson 23). These forms of dynamic HTML, also known as DHTML, have been recognized as a means of maintaining standard uniformity through out the development process (Dobson 23). Over the past 3 years, the World Wide Web Consortium has been working on the preliminary specifications for critical aspects of the Document Object Model that would provide a standard for how scripts and programs are dynamically updated and how access to documents can be achieved (Dobson 23). These underpinnings of the development of dynamic Web pages underscore some of the industry issues, but do not reflect the impetus from which these Web pages came into focus. In order to understand the foundations for their development and their current significance, it is ne... ...on that is beneficial for the person accessing the site, but should also provide a structural element from which evaluations can be made by companies providing these sites. Though the structural elements of the Web site itself is imperative to attracting hits to the site, this is clearly not only element that has changed in Web site development in recent years. The focus on databases as a component of Web site interactivity is also a major element that has transformed the focus of Web site developers. It is evident that the continued changes in the industry will focus on increasing the interactivity in Web sites and improving the progression of dynamic Web sites in general. Works Cited Dobson, Rick. â€Å"Developers like DHTML, but many wait.† Byte, (2011): September, pp. 23(2). Heck, Mike. â€Å"iHTML builds database-driven, dynamic Web sites effortlessly.† InfoWorld, (2010): January, pp. 58F(1). Lam, John. â€Å"Visual InterDev and ASP.† PC Magazine, (2011): December, pp. 265(4). Mendelson, Edward. â€Å"Grand designs.† PC Magazine, (2009): March 4, pp. 100(13). Tebbe, Mark. â€Å"Surf’s over: here comes the big wave.† PC Week, (2009): November 18, pp. N23(1).

Exploration Of The Matthew Shepard Event Essay -- Homosexuality Crime

Exploration Of The Matthew Shepard Event The human body is an object in which one lives and the medium through which one experiences oneself and the world. Claims on ideology and space are ultimately vested in the human body, and thus conflicts about belief systems and territory are often contested violently on physical bodies. Gay bodies become entangled in violence when they enter into arenas that combat certain ideas. Gay bashing illustrates incidences all in which bodies experience physical injury. In modern U.S. communities various militant conservatives target homosexuals in "gay bashing." Mathew Shepard's brutal murder in 1998 illustrates a relatively recent incident in which the human body becomes politicized. What is the process by which the pain and death of Shepard's body transform the personal to the political? What does "gay bashing" mean to attackers, victims and their communities? If gay bashing is about violence and being gay is at least partially about sex, then what is the relationship between them? What framework attends to both the sexual and nonsexual activities among contemporary American males? In Between Men, Eve Sedgwick sleds light on the boundaries separating sexual and nonsexual male relationships. According to the author, homosocial and homosexual do not necessarily have to occupy two different, non-overlapping spheres. " 'Homosocial desire', to begin with, is a kind of oxymoron. "Homosocial" is a word . . . [that] describes social bonds between persons of the same sex; it is a neologism, obviously formed with analogy with "homosexual," and just as obviously meant to distinguish from 'homosexual'" (Sedgwick 1985:1). Sedgwick contends that it would be more useful to view homosocial and homosexu... ...riarchy is the right of men to "hit on" women while remaining safe from not being "hit on" by anyone else, especially another man. Patriarchy, imbued with hierarchical meanings, gives heterosexual men something to loose. As practiced in contemporary America, patriarchy uses homophobia as structural support. Gay bashing exemplifies homosocial behavior's contribution to US patriarchy. The human body is both an object in which one lives and a site of political articulation. The struggles within many societies begin and end within the terrain of the human body, which though has no referential meaning becomes embodied by meaning within context that ultimately has a stake in the body. . Works Cited: 1. Kaufman, Moises. 2001. The Laramie Project. New York: First Vintage Books. 2. Sedgwick, Eve Kosofsky. 1985. Between Men. New York: Columbia University Press.

Childhood Obesity is Preventable Essay -- Obesity in Children

Childhood obesity in America is a growing disease that has become an epidemic that has lasting psychological effects, because of advertisement of fast food, lack of physical activities, and parental control has made food become a major health issue in many young teenagers’ lives today. Overall, who is to blame? Obesity plagues America and threatens to seriously degrade our society in many ways. There are some that would argue to say that obesity is okay and that it is not that big of a deal, they are wrong. There are some variations pertaining to build but everyone’s body is designed to carry a certain weight, when you increase that weight you threaten the balance of your body and can expect your body to break down much sooner than expected. For example, think of a machine, a machine that was designed to lift 100 pounds could easily do the job and continue doing the job for a very long time before breaking down. Now, think of that same machine lifting 300 pounds instead, since it was designed for only 100 pounds, how much quicker will that machine break down? It is also in our nature to not desire obesity, we are genetically designed just like the rest of nature to desire the fit and healthy of society. This is the root cause of social dislike for obesity as well as personal dislike for obesity. Which brings us to the focus of how childhood obesity has become an enormous issue today. In order to truly understand the impact of obesity and why we should prevent it, we first need to look at the causes of obesity and what keeps people obese. The logical first step for us to look at is childhood obesity, even if children are merely o... ... of the blame. In conclusion, while childhood obesity is alarming, it is preventable and treatable. Works Cited 1."Parents, Kids Don’t Perceive Obesity as a Health Problem." Journal of the American Dietetic Association n. pag. Web. 20 Feb 2015. . 2.N.p., n.d. Web. 20 Feb 2015. . 3.N.p., n.d. Web. 20 Feb 2015. . 4. Rabin, Robin. "Child Obesity Risks Death at Early Age, Study Finds ." (2012): n. pag. Web. 20 Feb 2015. . 5. Levine, Susan, and Rob Stein. "Obesity Threatens a Generation." 'Catastrophe' of Shorter Spans, Higher Health Costs (2013): n. pag. Web. 20 Feb 2015. 6. Maine, M. (2012). Body Wars. Carlsbad: Gurze Books

Pizza †Marketing Essay

2. Summary: a. Overall Score i. With this Competitive Profile Matrix, a couple of conclusions can be made. Firstly, when comparing Pizza Hut to its competitors, it can be seen that Pizza Hut had a higher score than Papa John’s but scored lower than Dominos. This shows that overall Pizza Hut is doing better than Papa John’s in terms of identifying strengths and working with weaknesses. When looking at Dominos, however, it shows that Dominos is a lot better at turning these success factors into strengths rather than weaknesses. b. Weights ii. When focusing on weights alone, however, some other conclusions can be drawn and also differ in outcomes when looking at the overall score. The most important things we identified in the pizza industry are product quality, price competitiveness, and advertising. As a group we weighted product quality and price equally with advertising being the second most important thing. For comparison, it can be seen that Domino’s takes the cake when dealing with product quality, price competitiveness, and advertising especially in the recent years as they have re-launched and revamped their entire recipe and product quality, advertising, marketing, and offering great pricing that are mostly the best deals around. They have owned up to the past disappointments and issues and have completely redone itself entirely for the consumers. By using quality ingredients and constructing their marketing to where the consumers drive their commercials and advertising they have definitely surpassed the other surviving pizza chains. Pizza Hut and Papa John’s comes in a close second to product quality as they are fresh and quality products. Pizza Hut ranks higher than Papa John’s for price competitiveness because as a group we see more Dominos and Pizza Hut deals versus seeing any type of Papa John’s coupons. Also, Papa John’s is priced fairly higher than either Pizza Hut or Dominos. Advertising, however, proves a minor weakness for Pizza Hut as very rarely do you see Pizza Hut commercials in comparison to Dominos and Pap Johns. c. Strengths iii. Pizza Hut is the leader in global expansion and correctly identifies its target market. The company will want to keep this apart of their strengths to keep up and always be a step ahead in these aspects. This will then ensure accessibility which is an important factor for generating revenues and thus creating a loyal customer base. d. Concerns iv. Some areas that Pizza Hut was rated lower than the other two competitors besides the ones addressed above is the organic foods factor. Many people want organic pizzas and the only chain coming close is Papa John’s which uses quality ingredients, some of which either local or organic. Although it does not seem like a huge deal in the present, eventually more and more consumers will be looking for this and have nowhere to turn but the company who falls close to the mark.

Exam Questions Essay

Advanced countries, which have the capability to innovate, as well as high-income levels and mass consumption, will sell the item first to its domestic market, then will become initial exporters of goods to other technically advance countries. After the product becomes adopted and used in the world markets, production gradually moves away from the point of origin. The advanced country loses their exports initially to developing countries (who will import and later manufacture these goods) and subsequently to less developed countries. Eventually, the original advanced country (original innovator) will become importers of these goods because they will have begun producing other new products. The duration of each stage of the cycle varies with the product and the type of management supporting it. Understanding the product life-cycle stages allows a company to fully take advantage of market opportunities by either establishing or protecting a competitive advantage through a long-lasting market presence. The main usiness reason for extending the product life-cycle would be to increase sales through longer existence in the marketplace. Certain consumers will embrace a product at different stages of the product life cycle so by extending each stage of the cycle, there is a better chance of exposure to the targeted consumer group. A commonly used example of this is the invention, growth and production of the personal computer. Stage one is considered the new product stage and this is where domestic production essentially begins. After a period of research and development, a new product is introduced to meet local (or national) needs. The product is created, produced and consumed in the domestic market and virtually no trade takes place. During the introduction phase, the innovating company does not know the extent to which a profitable market exists. For instance in the late 1970’s and into the early 1980’s, during the early stages of the personal computer, IBM and Apple pc’s were produced in the US and aimed for office and small business use. Personal computer use spread quickly throughout the domestic market as more and more households made purchases for increased personal productivity and gaming purposes. In stage two, the maturing product stage, domestic production peaks as the demand for the product significantly increases since the consumer base begins to acknowledge the product value. This stage is signified by a period of growth as sales and a rise in profits as mass-production techniques are developed and foreign demand expands (developed countries). At this stage the product is now exported to other developed countries and both domestic and foreign competitors emerge. A copy product is produced elsewhere and introduced in the home country (and elsewhere) to capture growth in the home market. Based on production costs, manufacturing moves to other countries. As was the case with Apple PC’s, production in this stage moved out of the original facility and into manufacturing plants in California and Texas as well as distribution warehouses in both the US and the Netherlands. Stage three is the standardized product stage. This is when the market for the product stabilizes and domestic production declines. The product becomes more of a article of trade and companies are compelled to reduce manufacturing costs which is the main reason for moving production sites to countries with lower labor costs. As production moves to developing countries, in turn, they begin to export the product to developed countries. A product saturation phase is experienced as sales level off and the first signs of decline occur. In the personal computer industry, the US market low-priced brand-name imports from producers such as South Korea’s Hyundai and Samsung. Several Taiwanese manufacturers exported millions of personal computers both to the US and other countries, a large portion which are produced for foreign distributors. To contest this, Apple condensed their product line, expanded use of industry standard parts, outsourced component manufacturing and streamlined warehousing operations. There is a final stage of decline in which poorer countries constitute the only markets for the product and import competition is very strong. At this point, almost all declining products are produced in less developed countries. The PC is not necessarily a good example of decline, for one because there is a weak demand for computers in less developed countries, but rather an example of technology that is ever improving which would make earlier versions of computers and related software obsolete. Normally, a product may finally disappear from the market at this point, however, PC technology continue to improve. There is no threat of the PC disappearing, but certain versions will eventually become dinosaurs. . Explain Porter’s Diamond in terms of Nokia’s development as an international mobile telecom powerhouse. Michael Porter’s â€Å"theory of national competitive advantage† framework was the product of a study of patterns of comparative advantage among industrialized nations and looked at sources of competitive advantage from a national context. The diamond-shaped theory can be used to evaluate both a firms’ ability to function in a national market as well as a national markets’ ability to compete internationally. Porter’s theory of international trade comes from the interaction of four country- and firm-specific elements: 1. Factor conditions – this is a country’s legacy of production factors that affect its ability to compete on an international level such as human resources, physical resources, knowledge resources, etc. Porter looks beyond the most basic factors of land, labor and capital to include the educational level of the workforce and the quality of the country’s infrastructure. 2. Demand conditions – demand in the home market helps the company to establish a competitive advantage. A highly developed domestic market will pressure a firm to innovate faster and to create more advanced products than those of competitors. When the domestic market for a particular product is larger locally than in foreign markets, the â€Å"home† firm will devote more attention to that product which leads to a competitive advantage when exporting begins. 3. Related and supporting industries – these related and supporting industries provide cost-effective inputs and participate in the process of upgrading which serves to stimulate other companies in the chain to innovate. When local supporting industries are competitive, the â€Å"home† firm experiences more cost-effectiveness and innovation. This effect is reinforced when the supporting industries (suppliers) are strong competitors as well. 4. Firm strategy, structure and rivalry – the way in which companies are created and managed are important for success. The presence of rivalry in the domestic market is important because it creates pressure to continually innovate in order to promote competitiveness. Other conditions that affect the diamond theory are: – Government – obviously the government can influence the supply conditions of key productions factors, the demand conditions in the domestic market and the competition between domestic firms. The government can also intervene on several different levels (local, regional, national, international). -Chance – clearly, chance events will occur that are outside the control of the domestic firm. Chance is important because it can create or disrupt competitive positions. Porter’s Diamond in terms of Nokia Factor conditions: -Finland is one of the world’s most homogenous and stable societies as well as having very sophisticated consumers; -As a country, Finland has invested money into a strong educational system which gives them an excellent educational system with which to provide the necessary work force; -Finland has a uniform, market-oriented government; Nokia, with close ties to national government, has helped propel technology, legal issues and export opportunities. Finland as a whole has a national competitive strategy; -Substantial public investment in telecommunications-related R&D which focuses on wireless technology; -Finland has a tradition of innovative engineering and telecom industry -Due to harsh physical and natural conditions, options for a land-based wired system was a very expensive option, making wireless digital systems a relative bargain for the same price; -Most of the population speaks English; -Finland was an early adopters of the internet and other wireless activities. Demand conditions: – As mentioned in the Factor Conditions, a sparsely populated area supports adoption of wireless devices; -The weather and physical supports mobile phone over face-to-face conversations; -Nationally, a heavy usage of texting and other wireless message services; -Finland a test market for wireless applications; -Nordic Mobile Telephone created the world’s largest single mobile market. Related and Supporting industries: – Huge R&D spending by government and companies; Finland, as a whole, offers strong venture capital, and a strong manufacturer network; -Due to the nature and need of wireless communication, there is a high number of specialized companies due to fragmented market; -There are approximately 3,000 Finnish firms in telecom and IT related products and services; -There is a large local supply allowing for highly customized contributions Firm strategy, structure and rivalry: – Significant historic reasons for highly competitive la ndscape within Finland; -A very strong export-centered commerce experience; Sturdy network and links between companies, banks and governments; -The Regional Development Agencies Act favors intense rivalry; -History of competition in telecommunications services throughout the 20th century; -Finland was early to deregulate in telecom-related industries; -A high number of telecom firms create an active local rivalry in wireless communications; -There is no monopoly on any of the value chain parts of telecom and a very healthy competition between companies; -European consumer demand (roaming, etc. ; Finland has been a part of the European Common Market since 1995. Other conditions that affect the Diamond Theory: – Government oVery stable with a long-term view (low turn-over with 6-year terms); oStrong initiatives to improve national innovative capacity; oAssurance of technological neutrality; oOpen socialist economy; -Chance oConditions in Finland provided a unique medium for Nok ia’s success. Creating, maintaining and updating land-based wired communication networks can be very slow and very expensive which made wireless digital systems seem a virtual bargain. . What is Absolute Advantage and how does Intel’s global position in mircoprocessors reflect this? Adam Smith developed the theory of absolute advantage which asserts that one party (a nation, a firm, etc. ) benefits from manufacturing more output than others since it is possess a unique resource or commodity. This particular resource or commodity can be a certain method, a distinct knowledge or manufacturing process that increases production efficiency, and thus reduces the relative need for additional resources. The theory holds that different countries (or firms) produce some goods more efficiently than others based on those particular resources or commodities. Limitations to the theory exist if there multiple unique resources or commodities – once the hypothesis expands to include multiple unique resources, the absolute would turn to a comparative advantage. Generally, in international trade, countries export goods/services when they have an absolute advantage in that product area and will import goods/services when another country (or firm) has the absolute advantage. Intel and Dell had a unique relationship in this regard – Intel had set the industry bar in terms of microprocessors and Dell, using Intel exclusively, became one of the strongest PC manufacturers in the world based on their distinctive marketing tool of â€Å"custom-made† computers. Both firms benefited from this relationship as they both had an absolute advantage on the items they produced. Further, according to the theory, if a country (or firm) has no absolute advantage in any product or service, no trade will occur. For instance, if both Intel and Dell manufactured microprocessors and PC hardware, no trade would exist between them – they would be direct competitors since no benefit would exist to either of them. A competitive advantage occurs when a firm acquires or develops a product or feature that allows it to outperform its competitors. To gain competitive advantage, the firm strategy is to manipulate that unique resource or commodity over which it has a direct advantage which gives them the ability to generate a competitive advantage. Superior performance outcomes and superiority in production resources reflects competitive advantage, and in doing so, gives a firm absolute advantage over an industry (or product). In the case of Intel’s global position in microprocessors, their strategy has been to continually introduce cutting-edge technology which ultimately means that consumers pay for the research and development of the speeds of new chips. It is a cyclical process, which demands more research and development of even faster, smaller products. The company does this to constantly renew consumer need which helps keep margins high. This business model of Intel’s can be compared to the auto industry’s â€Å"planned obsolescence. † The introduction of new models means the previous model is not as good, or new, anymore. As such, consumers feel compelled to purchase the newest, latest, greatest product. The trends are pushed by more powerful applications, which in turn create the need for new stronger, faster microprocessors and other new generations of computer products. Here are some of the contributing factors in Intel’s absolute advantage in the microprocessing industry: 1. Distinct ability to draw a prevailing share of the market’s attention – Intel benefited from a very exclusive and significant relationship with Dell (â€Å"Intel Inside†) until May 2006. With Dell being a major player in the computer hardware market, they offered â€Å"custom-made† computers with an exclusive agreement to offer only Intel processors inside. 2. Capability to impose innovative obstacles which created more labor for any competition – Not only did competitors already struggled to meet specs for the industry standards, they also experience issues keeping up with Intel’s production speed and product features. 3. Drive costs down and keep profits up – Intel was able to make its partners (and consumers) pay for this with an average selling price of over $150 a unit. PC makers had to accept this because at the time, Intel was only choice. 4. Strong reputation as the â€Å"reliable† standard – PC makers and consumers had not reason to look for alternative processors based on Intel’s innovation combined with the lack of reliable parts produced by competitors. 5. Economy of scale – Because the per unit cost of manufacturing depends on the size of the firm’s output, the larger the firm, the greater the scale of manufacturing benefits. Due to Intel’s economy of scale in the microprocessing industry, they could potentially monopolize the industry. Based on Intel’s strengths mentioned above as industry leaders (#2) as well as their ability to drive costs down while keeping profits up, Intel was untouchable and could manage to win any price war brought on by the competition. The Intel quality was also so high that the unreliable chips made by the competition almost, until recently, didn’t even create much of a price war since there wasn’t another game in town. 4. Explain Comparative Advantage? Then describe the development of India’s software industry and how it reflects one theory of competitive advantage. Comparative advantage theory is an international trade theory attributed to David Ricardo that indicates that firms or nations trade because they have superior productivity in a particular industry and can produce that particular good or service at lower marginal and opportunity costs than another party. In simple terms, this theory explains how trade can create value for two parties even if one party can produce all goods with fewer resources than the other. The thought being that each country can gain by specializing in the goods/services where it experiences this cost/efficiency advantage and trade that good/service for another where they do not posses the same advantage. Governments may attempt to counter comparative advantage by raising trade barriers, imposing high tariffs, and allowing newer and relatively uncompetitive industries ample time to become established. Comparative advantage is an appropriate theory to explain why particular countries export more services that support the global supply chain of both multinational enterprises and domestic firms. The source of a nation’s comparative advantage evolves from the mixture of its own factors of production such as availability of workforce, labor skills, access to capital, land and technology. For example, India is an excellent example of a country that has developed a highly efficient and low-cost software industry. This industry supplies not only the creation of custom software, but also call centers for customer support and other information technology services. The Indian software industry is composed of many subsidiaries of multinational corporations as well as independent companies. This question focuses on the rise of the software industry in India. As a relatively poor country, India in the past has not normally been thought of as a nation that is capable of building a major presence in a high-technology industry (e. g. , software). However, over the last decade or so, the Indian software industry has become an important force in the global software market. Among others, the main factors that have boosted India into this position are their large number of well-educated, English-speaking work force, a strong national work ethic coupled with technical experts who are paid only a fraction of the salary (including overhead) earned by U. S. counterparts. Additionally, the low cost of international telecommunication networks further enhances the comparative advantage of an Indian location for outsourcing. India has a comparative advantage in those services that are tradeable such as business process outsourcing and programming services. In looking at IBM’s outsourcing and how it utilizes both a US workforce and an outsourced Indian workforce, it is important to identify the relative strengths of each. For the mainly technical aspects of the job, IBM realizes cost savings by using the Indian workforce. Since programming wages are low in India and the average productivity of Indian programmers is somewhat comparable to the productivity of US programmers, then India can potentially enjoy a comparative advantage in programming. For those aspects of the job specializing in knowledge of a clients’ business, the US workforce is well-matched to do the job. The complementary nature of these two separate workforces rose out of the need of IBM to compete in more than just one area in order to succeed. Utilizing the Indian workforces allows IBM to realize a cost savings that can be used in other areas of their business. India, on the other hand, benefits from the trade with IBM by realizing large employment in the country as well as a boost to the economy that will only help to continue developing the country. 5. Explain briefly the common patters of successful Japanese entry into global markets once dominated by US firms such as RCA, Xerox and GM. In the business world, an initial direct attack of a competitor is usually most advantageous to the defending company since the attacking company usually ends up spending an exorbitant amount of resources without ever actually reaching its goals. This is a prime description of certain large companies such as General Electric, Xerox and RCA back to the 1970’s when all of them waged war against IBM in the computer market. All suffered very heavy monetary losses and as a result, did not engage further in the computer industry. The gamble cost these companies devastating sums upward in the millions. A company’s objective is to make use of its resources in such a way that allows them to maximize the market share. Direct attacks don’t necessarily serve that purpose, but rather the indirect attack seems to be more successful. The successful market penetration by Japanese companies was facilitated by an indirect approach. As one example, Xerox was an established leader in the photocopier field and by the 70s ruled the copier market, controlling the majority of the market’s share. However, within a decade, Japanese companies outwitted Xerox, and proceeded to follow suit in other industries (such as the auto industry) by launching indirect attacks on the smaller portion of the consumer base, and eventually swallowing up the entire market. The Japanese discovered that Xerox was marketing and supplying large copiers mainly to only large companies. That left millions of smaller companies using more local and less known supplies to meet their copying needs. These smaller companies couldn’t afford by purchase on the large scale of Xerox, nor did they have the physical space to store the industrial-size equipment. Enter the Japanese market with companies focusing on this weakness and entering the market focusing on the needs of the smaller organizations. Because there was no immediate effect on sales, Xerox took no notice of the market competition. As soon as the Japanese companies gained traction in this market, by focusing on the need of smaller products, lower prices, simplified technology, and distribution through office-supply dealers, tactics began to change as the Japanese continued to build upon their consumer base. The product ranges broadened with superior technology and more product choices. Towards the mid 80’s, the Japanese had made a considerable difference in the size of the market share, leaving Xerox behind and struggling. The Japanese business culture has seen significant success with a strategy of focusing in on an a smaller, overlooked, neglected, or emerging market segment and targeting in on the weaknesses of the competitor thereby gaining an advantage that affords a company the grip it needs to make gains in the market segment. Once that grip is found, the Japanese company consolidates their product’s position by mobilizing all resources and expanding into the rest of the market.

Life of Human Beings Without Fresh Water Essay

Fresh water is naturally occurring water on the Earth ‘s surface in ice sheets, ice caps, glaciers, ponds, lakes, rivers and streams, and underground as groundwater and underground streams. Fresh water is generally characterized by having low concentrations of dissolved salts and other total dissolved solids. The term specifically excludes seawater and brackish water. A human body can survive 8-14 days without water depending on the person. First of all our very existence will be in danger in the absence of fresh drinking water. Besides we will not get the much needed source of irrigation for our fields and as a result there could be lot of scarcity of food. So we will face a situation of food crisis. Water running in rivers is tapped and big dams are constructed and hydropower is produced. Moreover river transport system is not possible in case water stop flowing in rivers. Although plenty of water is available in oceans but that is not fit to be consumed by human beings as it is salty. At last in situation of extinction of fresh water resources, human beings will have to desalinate the sea water which is very costly affair. Lot of poor people will die as they will not be able to afford this type of water obtained through desalination plants. Moreover many types of diseases may occur due to consumption of sea water. In nutshell human beings will face a very difficult time in case they have to line without fresh water. Water is a finite resource which means that the total amount of water in the planet is only limited. Its supply remains the same and yet human population recently grows resulting to a decrease of available amount of freshwater per person. The relatively small amount of available freshwater elaborates on how critical it is for everyone to help preserve and maintain clean, healthy lakes and streams, our sources of water. Water is mostly now being wasted because it is under-priced. We do not realize the significance of it. Also, the uneven distribution of water resources has led to the stage of scarcity in a number of regions. Freshwater provides water for drinking, sanitation, agriculture, transport, electricity generation and recreation. It also creates habitats for a diverse range of animals and plants. There is no way we can live without freshwater supply. Our freshwater resources could eventually deplete if not protected now some way. Truth is we cannot live or function on a daily basis without the use of freshwater supply. It circulates and goes through our bodies, replenishing nutrients and carrying away waste materials. Now think of the scenario where human beings have to live without water.

How to Brush Your Teeth Properly

How to Brush Your Teeth Properly Proper teeth brushing involves four things; a soft toothbrush, the correct angle of brushing, brushing in a pattern and brushing at least twice a day, after breakfast and before bedtime. Proper tools and ingredients to brushing your teeth properly is, a soft toothbrush and fluoride toothpaste. A soft tooth brush also makes it much easier to remove plaque below the gum line. This is where periodontal disease starts. Use a pea-sized amount of toothpaste that contains fluoride.Apply it to the soft brush. It might stop a cavity in its tracks and give you more resistance to future cavities. Angle the bristle of the brush along the gum line. At a 45 degree angle, apply firm pressure so the bristles slide under the gum line. Vibrate the brush while you use short back and forth circular motions. Brush two or three teeth at a time, then move to the next teeth. Tilt the brush so you can use the tip of the brush to brush the backs of your front teeth.It's fine t o brush any regular pattern you choose, but since the insides of your teeth get less attention you might want to start with the insides of the upper teeth then go to the insides of the lower teeth. Switch to the outsides of the upper teeth, then the lower teeth. Brush the chewing surfaces of the upper teeth then the lower teeth. End by gently brushing your tongue and the roof of your mouth. This removes germs and keeps you breath fresh. Properly brushing your teeth will simply keep the dentist away.Brushing your teeth is a preventive method to keep your mouth staying healthy, looking great, and having fresh berth throughout the day. Your mouth carries many different germs and sometimes bad breath. Brushing your teeth twice daily is about the best habit you can get in. There are other methods used to help aid brushing you teeth such as dental flossing and mouthwash. Those are other important roles that you should take when taking action of keeping your mouth healthy. So everyday, twi ce a day you shall take these simple steps into action when trying to brush your teeth.

Hamilton

Hamilton begins by highlighting the common misunderstanding that mythology depicts the blissful state of man in his original harmony with nature. On the contrary, Hamilton notes, the lives of ancient people were not romantic and beautiful, but full of hardship, disease, and violence. For Hamilton, the Greek myths are remarkable In that they show how far the Greeks, an ancient clvlllzatlon, had advanced beyond a primitive state of savagery and brutality. By the time Homer wrote his epic, the Iliad, a new way of looking at the world had come into being.According to Hamilton, this new erspective is critically important, revealing a great deal not only about ancient Greece but about modern America as well†as so much of our own culture comes directly from the Greeks. One of the most important aspects of the Greek worldview was that it was the first to put humans at the center of the universe. Unlike the animal deities of the Egyptians and Mesopotamians, the gods of the Greeks are hu man in form. Not only do they possess human physical characteristics, but they embody the emotional flaws of humans as well.Unlike the gods of other ancient civilizations, Greek gods are not infinitely omniscient and omnipotent, manifesting ypical human foibles such as philandering, feasting and drinking, and obsessive Jealousy. To the Creeks, the life of the gods so closely resembled human life that the gods felt real and tangible, rather than Incomprehensible and remote. In this way, Hamilton argues, the myths of the Greeks reflect a view of the universe that acknowledges the mystery and beauty of humanity.Even the most magical of Greek myths contain real-world elements: the supernatural Hercules lives in the very real city of Thebes, and the goddess Aphrodite is born in a spot any ancient tourist could visit, off the island of Cythera. In general, Greek myths involve less strange and frightening magic than the myths of other ancient civilizations. In this more rational world, ind ividuals become heroes by virtue of bravery and strength rather than supernatural powers.Hamilton contends that this revolutionary way of thinking about the world elevates humans and the worth of their abilities, making It a far less terrifying place In which to live. Hamilton points out a downside to this rational view of the supernatural†Ilke humans, the gods are often unpredictable. They do not always operate on the highest moral grounds, and they get angry and jealous, ometimes doing terrible things like exacting vengeance or calling for sacrifices.Even though Greek myth lacks wizards and demonic spellcasters, there are still plenty of horrible magic creatures†the snake-haired Gorgons, for Instance†that appear to be relics of that older, primitive world. In the end, however, as Hamilton points out, the Greek hero always manages to defeat these-creatures. Hamilton By vandad91 of hardship, disease, and violence. For Hamilton, the Greek myths are remarkable in tha t they show how far the Greeks, an ancient civilization, had advanced beyond a ealousy.To the Greeks, the life of the gods so closely resembled human life that the gods felt real and tangible, rather than incomprehensible and remote. In this way, about the world elevates humans and the worth of their abilities, making it a far less terrifying place in which to live. Hamilton points out a downside to this rational view of the supernatural†like humans, the gods are often unpredictable. They do not always operate on the highest moral grounds, and they get angry and Jealous, horrible magic creatures†the snake-haired Gorgons, for instance†that appear to be

Proposal for alternative, convertible and flexible types of Research Paper

Proposal for alternative, convertible and flexible types of accommodations for the 2016 Rio Olympic Games - Research Paper Example mated that the city of Rio de Janeiro, Brazil could provide ample accommodation for 33,000 visitors, this being the number of the hotel beds that are available (Berg, n.d.). The Olympic Games will definitely require more than this, considering that the number of visitors is expected to be much higher, estimated at a figure well above 50,000. Worse still is the fact that; the economic implication of the city would be even dire, if it engages in the erection of permanent facilities that are only to be used for accommodating the Rio de Janeiro Olympic Games of 2016, and then fall short of business later. However, while uptight efforts are being made to avail the necessary accommodation through the construction of more hotels and accommodation facilities, it would even be more comfortable and innovative of the city, if it could devise other means of providing temporary accommodation, which still meets the required standards. One of the viable considerations for the temporary, yet quality accommodation provision for the Rio de Janeiro, Brazil during the Olympic Games of 2016, is the use of Cruise Ship (Honeywell, n.d.). There are various reasons that make this option viable. First, the city of Rio de Janeiro is surrounded by water, which makes the use of cruise ship possible, as the visitors and the athletic members will only be sleeping in the regions surrounding the city. The advantage of this option is that; it will allow for the provision of ample accommodation in areas of close proximity to the city, thus allowing for the desired convenience. The second advantage is the fact that, the use of cruise ship will allow for the temporary provision of accommodation, thus eliminating the need for construction of permanent accommodation facilities, which may then lack sufficient business thereafter, thus resulting to unnecessary tying up of substantial resources in the substantial constructions (Honeywell, n .d.). The validity of this option is the fact that, the same

SWOT Analysis of Zara and Benetton Term Paper Example | Topics and Well Written Essays - 250 words

SWOT Analysis of Zara and Benetton - Term Paper Example SWOT Analysis of BenettonStrengthsWorldwide renowned brand.Financially stability.A good relationship with labors and suppliers.High-quality products.WeaknessesThe controversial way of advertising.Expensive products.Limited global markets reach except US. OpportunitiesThreatsOnline retail.Adoption of cost leadership strategy.Stable international market demand.Global Diversification. Saturated clothing market increasing market competition.Economic crisis.Comparing and contrasting the SWOT of Zara and BenettonThe strengths of Zara and Benetton are quite similar i.e. high brand value and high turnover. The weakness of Zara and Benetton are bit different. Zara’s weakness is inadequate promotional activities. On the other hand, Benetton’s weakness is lack of strong presence in emerging markets. Manufacturing and distribution center of Zara is centralized. The opportunity of Zara is to adopt online marketing and decentralize the distribution process. The opportunity of Benetto n is to diversify into the emerging markets and adopt cost leadership strategy. Threats of Zara and Benetton are the similar i.e. threat of new entrants and price war on similar categories among the firms. In case of Zara, the prices of the apparel are lower-middle ranged which is their strength. But in case of Benetton, the prices of apparel are middle-high ranged which can be considered as their weakness.

Questions asked, Explain below questions Essay Example | Topics and Well Written Essays - 1000 words

Questions asked, Explain below questions - Essay Example The situation of the economy, such as economic booms and economic meltdown is a key competitive factor in global Smartphone industry. Economic meltdown will reduce the disposable income of customers. At that point of time companies are going for less costly smart phones. If the economy is booming customer’s disposable income would increase and companies starts to compete on high-end smart phones. Reliability of the brand and user friendliness of the smart phones is also a very key competitive factor affecting the company seriously. Before buying any smart phones customers search for different attribute and features like applications, internet speed, picture qualities etc (James, Laurence and Changhoon, 2011, PP. 343-353). These are the areas where modern players are competing very hard among each other. Static competitions are those competitions which remains same over the longer period of time. It does not change according to the situations. This sector is very much competitive in terms of static competition. Large players are constantly competing with each other. Difference between two large players is always very close. User friendliness, customer satisfaction are remains the static criterion of competitions. Legalities, patent rights of different companies are also important static competition. This market also has lots of dynamic competitions. This kind of competitions is short term. These are very situational in nature. Local small Smartphone brands can pose this competition in front of large global players. It can come up with new different applications which can attract customers. It poses lots of dynamic competitions in this industry. The Dynamic competitions some times are in terms of pricing strategies also. Yes, these two criterions diverge from one another. The above discussion is showing that static completion is not at all situational. This competition is always

Industrial society and native culture Essay Example | Topics and Well Written Essays - 1250 words

Industrial society and native culture - Essay Example With most of the industrial world following capitalist means of running their economies, the exploitation of natural resources in an unsustainable manner is the norm. However, an almost intuitive understanding of the manner in which nature functions enables native cultures to utilize natural resources in sustainable ways. The Brazilian Amazonian tribes follow methods of living that enable one to infer their respect for the environment. At first glance, the method of agriculture that they follow, slash and burn agriculture is done in a manner that the ecological balance of the area is not upset. Moreover, different plants are planted at different points of time, which not only ensures a constant supply of food but also efficient use of the soil’s fertility. This also provides the land an opportunity to replenish itself. The Yanomami is a tribe that follows these methods of farming to great effect. Initially, when the Europeans came to the Amazon, they were surprised at how the area was able to support the number of people that it did. This is possible because of the manner in which the Yanomami and other tribes in this area understand the ecology of the area and attempt to live in harmony with it (Hutchison 159-63, 2007). The needs of the present day Brazilian industrial society, is however, different. With a much greater population and corresponding needs, the Brazilian industrial society usually requires a greater yield than what slash and burn agriculture is able to provide. As a result, it has to follow scientific methods of agriculture that suit the needs of the urban populations of Brazil. A concerted effort in the past thirty years has enabled the Brazilian state to increase its agricultural production and achieve a food surplus (The Miracle, 2010). It has managed to surpass the problems that have plagued the management of environmental issues

GPS and Fuction on the field on construction Term Paper

GPS and Fuction on the field on construction - Term Paper Example A global positioning system (GPS) receiver ensures that scrapers and graders are able to identify accurate courses with minimum reference to in ground markers. The field of view of the operator is built with light bars that give a signal of a proper angular view of the blades while the machine is in motion. The video display gives a proper cut view of the job site. The operators use a computer screen to keep track of the positions of their blades. The advantages of this include; accuracy, speed, improved productivity and a result which is of high quality. GPS ensures that the foremen and supervisors do not rest stakes but instead monitor work, cycle time and haul routes. Later on in the evening, the GPS-equipped vehicles are moved to where they are supposed to send progress data to the head office. The actual progress can then be checked and compared to the original schedule by the estimators. The automatic heavy equipments such as scrapers for instance use the GRS technology. GPS antenna is mounted on the scrapers bowl which enables the operator to differentiate the site plan and the depth cut. The earthmoving operations are safer because minimal time is taken on the work and few people take part. Road graders for instance have steel blade beneath the vehicle that are adjustable thus allowing the operator to control the angle and height of the blade when in operation. Graders that are equipped with GPS enables operators to control area they grade and where do not. The technology enables the operator to work on specified lengths instead of estimating the area to grade. Its blade is designed to grade a flat surface for the road construction, and it also levels surface of uneven ground, its blade can also be used to create ditches beside roads and drainage paths. This is done by the grader lowering the blades to the set height, and it pushes off the dirt until the road is

World History Essay Example | Topics and Well Written Essays - 1250 words

World History - Essay Example vernment and representatives of the Arab governments, the Palestinian Arabs and the Jewish Agency, the White Paper was issued in 1939 by the British government declaring its intention of the future government of Palestine. The White paper also contained the Land Transfers Regulations to protect Palestinian land rights against Zionist acquisition (P4pd. 2004). The White paper further demanded conditional independence for unitary Palestinian State after ten years. In addition, it was agreed to allow 15,000 Jewish immigrants into Palestine annually for five years (Palestineremembered, 2006). Provision was also made for protection of Palestinian land rights against the Zionist acquisition. The British had made contradictory promises to both the Jews and the Palestinians and landed themselves in an untenable and difficult situation. During the World War I, Britain had promised the local Arabs through the Lawrence of Arabia, an independent Arab country covering most of the Middle East in exchange for their support (Wikipedia). Britain also promised to create a Jewish national home as per the Balfour Declaration of 1917. The Jews were fighting against the Arabs and the British while the Arabs were fighting against the Jews and the British. The Arabs attacked the British because the British failed to maintain the quotas as agreed and allowed illegal Jews to enter Palestine (Trueman, 2000). The Jews attacked the British authorities in Palestine because they believed that the quota system was grossly unfair. As a result, British were in the middle of the conflict with little control as the two other sides were involved in their own beliefs (Trueman, 2000). In an attempt to end the violence, the British placed restrictions on the Jewish immigration â€Å"in the ‘interests of the present population’ and the ‘absorptive capacity’ of the country† (Bard, 2007). The British actually partitioned the country by limiting the absorptive capacity of Palestine. They put a