Descriptive Essays Conventions

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Descriptive Essays Conventions

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Questions Selection of the Quality Tools, Data Collection - 825 Words

Questions: Selection of the Quality Tools, Data Collection (Essay Sample) Content: Quality ToolsStudents NameInstitutional AffiliationQuality ToolsQuestion 1: Selection of the Quality ToolsThe check sheets, flow chats, histograms, cause and effect diagrams, ran and control chart and scatter diagrams are the six selected quality tools. To begin with, cause and effect diagram is mainly used for determining different challenges in the organization or research setting. Apart from that, it develops an effective process and mainly focuses on a group. The checks sheets are widely applied but are limited to a researchers imagination. One may utilize them to collect data and present it in a way that it can be translated to essential information (Goetsch Davis, 2014). The histograms, as the quality tools, are used for checking the frequency of any occurrence. For checking the relationship between various variables, the scatter diagram is considered the best choice. The run and control charts are important in tracking the flow of a process and how improvement s can be made. Lastly, the flowchart is mainly used to represent a process while checking for flows and areas of enhancement.While applying the above mentioned six quality tools to Gordon Hospital in Georgia, their usage will depend on the specific elements being analyzed. The cause and effect diagram will be important for evaluation of different processes in the emergency department and the possible reasons behind patient delay. The check sheets will be used to understand the patient flow at the emergency department and determine the potential areas for the delay. The histogram will help understand how regularly the patient delays occur. The scatter chart will evaluate the potential causes of the patient delay and determine the relationship between the poor technology systems and patient delay as well as the interaction between the increased patient time at the emergency department and the nurses competence. The run and control chart will help in introduction of an EBP that aims at reducing the number of falls in the facility (Goetsch Davis, 2014). The flow chart will be used to understand the workforce competence at the workplace as well as the reasons behind poor quality patient outcome.Question 2: Data CollectionCollection of data depends on the specific quality tool and the information being evaluated. It also depends on variables as well as the research approach, whether qualitative and quantitative. For the cause and effect tool, data collection would involve observation and evaluation of the documents, records, and case studies. For the check sheets, the collection of data would involve evaluating the documents and records, which is also applicable in histograms. Histograms would also comprise the secondary data from case studies (Bowling, 2014). The scatter chart would employ the oral history and evaluation of case studies and surveys. While the run and control charts would use questionnaires and interviews, the flow chart would also utilize observat ion. Essential to note is that all the data collection techniques are based on the researchers main objectives and the method that will be used in analyzing this information. Both the numerical and conceptual data is important for explaining the research objectives. While the quantitative studies provide numerical data, qualitative data collection presents theoretical data.Question 3: Frequency of Monitoring the Data and ActionsThe frequency of data collection is dependent on the specific tool and the time aspect of the research question. Notably, there is a time frame for the completion of every research which determines how frequent the data is collected. What one does with the data is related to the tool and the variables being analyzed. For the tools which aim at understanding the process and identifying the possible causes of time delays at the emergency department, the frequency will be on a daily basis. Such tools include the causes and effect, scatter and flowchart. For thos e tools which evaluate the documents and records of the facility, the frequency of data collection will also be on a daily basis. However, for the interviews and surveys, the data can be collected once although this is determined by the target groups and the number of facilities being evaluated (Auberlet et al., 2014). Considering what to do with the information, it will be analyzed based on the research object...

Maasai Culture V. American Culture - 1240 Words

English 101-McElroy Compare and Contrast- Rough Draft March 22, 2011 Maasai Culture v. American Culture In the tribal villages of eastern Africa the Maasai marriages are arranged by the elders without ever first consulting the bride or the mother of the bride to be. Unlike, that of my own culture in the United States of America, where I am free as a citizen to choose whomever I may choose to marry and when and if I may marry. Polygyny is that of which is practiced in the Maasai culture, as an ideal that is achieved only by that of the elder men of the tribe. Unfortunately, as a result ofthemen being much older at the time of marriage, most women become widows, knowing that it is understood that they should never remarry again.†¦show more content†¦In the Maasai community and as in mine, marriage is considered very important. However, when two people are brought together to become a husband and wife in the Maasai community, the newlyweds are expected to live with each other forever; divorce is not an option.Once the Maasai man has chosen and paid for his wife he is then allowe d to bring gifts to the womans family. By first giving the presents as he sees fit, to a final point where it will become clear to those in the community that he has taken an interest in the well-being of the girls family and that she is not to be readily available. These gifts the Maasai man has given to the girl will create the bride-to-be’s dowry, the purpose of which is not to create wealth for the brides family, but rather to legalize the marriage. By the man putting his mark on that family, he is making itso that if anyone else tries to approach the family and offer a bride price, it will have been made clear that the girl has already been given away to another family and is spoken for. Like that of an engagement ring or wedding band worn by both the men and women in my community, as it is displaying to everyone that they are spoken for and are not available to others in the community. As the wedding day begins in Maasai culture the groom brings the bride price, including three cows, of which two are female and one is male and all are black, and twoShow MoreRelated Volunteering: Contribution to the Community Essay4136 Words   |  17 Pagestrend in the United States is one in which an individual volunteers his/her time, services, or funds. As Newsweeks article Powells New War demonstrates, most Americans perceive volunteering as: an act in which one must do something and nice gesture which has benefits. Though this observation is a generalization, rarely do Americans view volunteerism in the context of service, an embodiment which includes the novel components of being, cultural understanding, justice issues, and compassion. Read MoreThe Role Of Community On Natural Resources Conservation Essay925 Words   |  4 PagesNumata T (1998). Cleaver KM, Schreiber GA (1994). Reversing the spiral: The population, agriculture, and environment nexus in Sub-Saharan Africa. The World Bank. Washington DC. Coleman, J. S. 1988. Social capital in the Creation of Human Capital: American Journal of Sociology, Vol. 94, Supplements95-s120. Dugan, jpg.1990. Wetland conservation: A Review of current issue and Action IUCN, Gland, Switzerland. Fabricus, C., Koch, E.Magome.H. And Turner, S. (Eds) 2004. 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The Berlin Air Of The Cold War - 1401 Words

The Berlin Bar, otherwise called the Berlin Carrier, was the main real emergency of the cool war. June 26, 1948 is the point at which the airdrop started. On June 24, 1948, the Soviet Union obstructed all street and rail go to and from West Berlin, which was situated inside the Soviet zone of occupation in Germany. The Soviet activity was because of the refusal of American and English authorities to permit Russia more say in the monetary eventual fate of Germany. The U.S. government was stunned by the provocative Soviet move, and some in President Harry S. Truman s organization required an immediate military reaction. Truman, be that as it may, did not have any desire to bring about World War III. Rather, he requested a huge airdrop of supplies into West Berlin. On June 26, 1948, the principal planes took off from bases in Britain and western Germany and arrived in West Berlin. It was an overwhelming logistical assignment to give nourishment, garments, water, medication, and differen t necessities of life for the more than 2 million dreadful nationals of the city. For about a year, American planes arrived day and night. More than 200,000 planes conveyed in more than one-and-a-half million tons of supplies. 1 I discovered three students of history who had diverse perspectives on what really happened amid the Berlin Transport. Their names take after: Robert G. Mill operator, Daniel Altman, and Brian C. Etheridge. As per Mill operator, Significant General William H. Tunner,Show MoreRelatedThe Cold War During World War II1324 Words   |  6 PagesWhen World War II ended, the last thing the countries imagined was another worldwide conflict. But that’s exactly was soon ensued when the Cold War erupted between the Eastern powers and the Western powers. The Eastern powers consisted of the Soviet Union and the Western powers consisted of America, Britain and France. 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Ethical Decision Making of Steve Jobs †MyAssignmenthelp.com

Question: Discuss about the Ethical Decision Making of Steve Jobs. Answer: Insight into ethics Adherence to the ethical considerations reflects the personality of the individuals. I think this adherence is crucial in terms of preserving the individual sentiments of the public domain. Ethics is one such parameter, within which each and every individual is bounded. This binding is an obligation for the individuals in terms of achieving a worthy existence. Countering this, maintenance of balance in the life helps the individuals to beautify their existence. All these aspects seem true even in terms of decision making, which is a part of the daily tasks performed by the individuals for survival (Grijalva Harms, 2014). I think the discussion is becoming too philosophical. Therefore, I would shed light upon the ethical considerations with the help of theories and models. Taking the example of Steve Jobs would enhance the clarity of the readers in terms of systematizing their lives for adding meaning to their existence. Steve Jobs as a person The mention of Steve Jobs reflects the picture of a round faced and spiky bearded man with spectacles. Although these descriptions are common; however, the struggle that this man did for becoming successful in life makes him stand out from the crowd. It makes me immensely proud to point out that in spite of a disturbed childhood; Steve was desperate to achieve the goals, which he had seen. The major drive behind this disturbance is being dropped from the college due to poor attendance. This incident invoked his negative character, which got reflected from his addiction towards drugs (Lakin, 2015). I think this reaction attains commonality with the usual traits of a person upon attaining negative outcomes for the performance displayed. Herein I can relate behavioral theory. The stages proposed by Freud for human development attains a negative connotation under the influence of drugs and alcohol. I think Steve indulged into these habits to transcend into a utopian stage, which would be filled with happiness. Countering this, this utopia is mere illusions, as happiness, joy and wish fulfillment are matter of luck and fortune. Critical and reflective reflection on Steve Jobs philosophy I can say that becoming the founder of a famous and prestigious company like Apple transforms the illusion of utopian society into reality. Achievements made by Steve during his tenure in Apple reflect his awareness towards systematizing his work life balance. Herein, maintenance of ethics is a mere part. Typical evidence of this fact is the enhancement of some the workers, who used to work with him in Apple (Shapiro Stefkovich, 2016). Prioritizing the professional development of the subordinates before his self-development is one of his traits, which I consider as the agent in terms of enhancing his fame and glory. This instance reflects his matured behavior, which contradicts the mentality of attaining the hot seat in the blind rat race. Awareness regarding the performance of the tasks in a different perspective makes Steve a leader among the team members. Application of rationality adds value to this difference. Consciousness towards the preservation of the individual sentiments of the team members is the evidence for the presence of the primary element needed for ethical decision making. The thought of regarding the professional development of the ex-subordinates reflects the moral values, which enhances Steves role as a leader (Menzel, 2015). For the appropriate expression of this consciousness, I think collection of the relevant facts is crucial, which is very much present in Steve. The proof for this is the market research, which he conducted for upgrading the standard of professionalism. I feel that evaluation after the selection of the appropriate way enhanced his clarity regarding the right and wrong actions for attaining proper development. Keeping the organizational values intact while experimenting with th e available and the gathered solutions projects Steves ethical considerations. Application of the values and principles made Steve stick to his resolution for making noticeable advancements in life (Koehn, 2017). Maintaining continuity with the aspects of the above paragraph, I can bring behavioral theory to the discussion once again. Humans tend to undergo doubts regarding the performance that they are displaying. Steve cannot be included within this tendency, as he followed an integrated structure for taking the decisions. I liked his strategy to consider the pros and cons of a particular solution in terms of their impact on his professional and personal development. This relates seventh element, which is needed for taking essential decisions. The aspect third party interference can be correlated with the instance of hiring John Schulley, his successor (Streeter, 2015). I agree with his confession regarding error of judgment regarding passing the legacy. This error contradicts the true essence of ethics. Realization of mess regarding the business environment reduces Steves mistake largely and bestows upon him a chance to rectify them for advancing in life. Evidences of philosophy followed by Steve Jobs At one instance, Schulley terminated Steve. This was the turning point of Steves life when he decided to forgo all the past happenings and proceed towards a better future. Typical example of this is the decision to sell Apple. One thing that I liked the most about Steve is the persistence, dedication and commitment towards the performance of the basic tasks. He systematized the activities for the achievement of positive outcomes. Typical evidence of the fact lies in his statements given to Fortune Magazine. I think projecting Steve as a corporate dictator contradicts the true essence of the aspect of ethics. The characteristic traits of a dictator include rigidity in terms of extracting the work from the team members (Klein, 2015). This rigidity contradicts the systematic approach of Steve in terms of maintaining the balance between the personal and professional work field. Within the systematic approach, awareness regarding the ethical consideration enabled Steve to make remarkable contributions in altering the plight of Apple as a whole. Inspiring the employees to follow the ethics and core values identified enhances the ethical considerations of the leaders. Within this category, Steve gains an important position as he follows a structural approach for leading the team members. Here, I am talking about the leadership of Steve, not with an aim to be Hitler for extracting work from the team members. Instead, the perspective here is humanitarian, which bears direct relationship with ethics. I think without ethical considerations, no human being can expose appropriate humanity. To put in on a simple note, lack of basic ethics, adds the adjectives of devilish, selfish in the character of the individuals (Veale, 2014). The adjective devilish reminds me of Satan, who was compelled to adopt satanic behavior for accomplishment of the goals. Apart from this, I also like Steves preference towards intuitive research upon analytical tools for taking ethical decisions. In his obituary statement, he sheds light on the importance of intuitive research on his success (Coget, Shani Solari, 2014). In his words, preaching what the intuition says is the most important task that the individuals need to do for being ethically and morally correct. This intuition relates with the penultimate stage of the decision making process model, where evaluation is carried out to judge the effectiveness and appropriateness of the displayed performance in terms of the identified and the specified requirements. Attachment of the aspect of ethics in the previous sentence, Steves decisions sometimes lacked firmness (Niebuhr, Voe Brem, 2016). I think this is natural in terms of the recurrence of success and failure in the lives of the individuals. I can perceive this in various connotations. On one hand, this perspective negates the efforts put in b y Steve for taking beneficial decisions. On the other hand, this perspective places Steve amidst the public domain. The second connotation snatches away the success from Steve and makes him an ordinary businessman. Countering this, rational application towards the execution of business activities portrays Steve as morally and ethically successful. This rational application reflects the effective and judicious utilization of the decision making process model by leaders like Steve Jobs (Sonnenfeld, 2013). Theoretical perspective towards the decision making process of Steve Jobs Delving deep into the last sentence of the above paragraph, rationality relates with the third stage of the decision making process model. Selection of the appropriate and beneficial decision places leaders like Steve Jobs on a higher pedestal than the team members, whose perfection in decision making is on a budding stage (Clinebell, 2014). This perfection is achieved through the experimentation with the available and the gathered solutions. Pondering upon the situation is very important for attempting this experiment. This experimentation needs matured intellect and capability, which is lacking in the aspiring businessmen. Figure: Decision making process model Bringing out the talents of these aspirant businessmen enhances the individuality of Steve in terms of upgrading their preconceived skills, expertise and knowledge. I think thoughts regarding the professional development of the juniors make Steve stand out far from the madding crowd. With ethics, the adjective madding cannot be related. Madness regarding the attainment of the hot seat amidst the competitive ambience of the market failed to alter the focus approach of Steve in terms of inspiring the team members to follow the ethical considerations (Hbr.org, 2017). The models and cycles are interrelated with each other. Missing one step aggravates the complexity of the individuals in terms of managing the phases of crisis. However, leaders like Steve Jobs needs applause in terms of considering each and every aspect of the selected solution before implementing it for efficient execution of the business activities. Awareness regarding ethical considerations proved beneficial for Steve in terms of overcoming the potential challenges. Here I would shed light on Steves patience regarding the resolution of the crisis. This patience solves half of the problem and bestows numerous solutions on the individuals. Possession of eagerness and willingness to alter the situation paves the way towards solution (Hammershj, 2017). I feel that the Samaritan side of leaders like Steve Jobs reflects their awareness towards the ethical considerations, which needs to be maintained for professional upgradation. Countering this, spreading this awareness among the team members through training is itself an agent, which reflects the moral and ethical principles, which the leaders had followed to enhancement of their professionalism. The verb making, in the process of taking decision, relates with the aspect of in job approach of reflection as proposed by Schron. Evaluation of the undertaken decisions helped Steve to judge his performance in terms of the requirements of the team members. Maintenance of consistency in the execution of evaluation assisted him in rectifying his approach towards the performance. In this process, many business critiques offered various suggestions and advices to him (Bushnell Stone, 2014). However, what I liked most is his preference towards what is ethically and morally correct. This does not mean that he negated family relationships, peers and relatives. Instead, Steves preference towards ethical considerations outshines his individuality in terms of taking a individual stance. This independence helped him to stick to the undertaken decision for achieving a slow yet gradual progression towards the identified and the specified goals. Concluding note through reflective Journal Till this point, the discussion proves successful in pondering upon the achievements and failure of Steve Jobs. Expressing my viewpoints regarding a personality like him is my attempt to consider him as a role model and make noticeable improvements in my life for achieving personal and professional development. As far as ethics is considered, I have tried my best to adhere to the basic ethics, which is needed for shedding light on the life journey of such personalities. The most important of this is taking credit by notifying his innovations as mine. This safeguards me from the heinous crime of plagiarism. Along with this, I have accessed permission from the companies, where Steve left a trademark after him, for obtaining necessary information from the archives. I think maintenance of consistency in complying with the ethics would help me to beautify my life in terms of attaining personal and professional development. However, for this, I have to evaluate my performance, which especi ally includes the decisions, which I take for progressing towards development. References Bushnell, N., Stone, G. (2014).Finding the Next Steve Jobs: How to Find, Keep, and Nurture Talent. Simon and Schuster. Clinebell, S. (2014). Snapshots of great leadership.Academy of Management Learning Education,13(1), 139-141. Coget, J. F., Shani, A. B., Solari, L. (2014). The lone genius, or leaders who tyrannize their creative teams.Organizational Dynamics,43(2), 105-113. Grijalva, E., Harms, P. D. (2014). Narcissism: An integrative synthesis and dominance complementarity model.The Academy of Management Perspectives,28(2), 108-127. Hammershj, L. G. (2017). Conceptualizing creativity and innovation as affective processes: Steve Jobs, Lars von Trier, and responsible innovation.Philosophy of Management, 1-17. Hbr.org (2017). Was Steve Jobs a good deision maker? Retrieved 30th July 2017 from https://hbr.org/2011/10/was-steve-jobs-a-good-decision Klein, S. (2015).Steve Jobs and Philosophy. Open Court. Koehn, D. (2017). Aesthetic Dimensions of Virtue Ethics: Implications for Business Ethics.Handbook of Virtue Ethics in Business and Management, 13-22. Lakin, P. (2015).Steve Jobs: Thinking Differently. Simon and Schuster. Menzel, D. C. (2015). Leadership in Public Administration: Creative and/or Ethical?.Public Integrity,17(4), 315-318. Niebuhr, O., Voe, J., Brem, A. (2016). What makes a charismatic speaker? A computer-based acoustic-prosodic analysis of Steve Jobs tone of voice.Computers in Human Behavior,64, 366-382. Shapiro, J. P., Stefkovich, J. A. (2016).Ethical leadership and decision making in education: Applying theoretical perspectives to complex dilemmas. Routledge. Sonnenfeld, J. A. (2013). Steve Jobs' Immortal Quest and the Heroic Persona.Journal of Business and Management,19(1), 59. Streeter, T. (2015). Steve Jobs, Romantic Individualism, and the Desire for Good Capitalism.International Journal of Communication,9, 19. Veale, T. (2014, June). A service-oriented architecture for metaphor processing. InProceedings of the Second Workshop on Metaphor in NLP(pp. 52-60).

The International Economy and International Economics

International economics are increasingly turning out to be an important sphere of research as global markets become highly assimilated. As matters of fact, governments, businesses and consumers have come realize that their existences depend on what is taking place within the international market.Advertising We will write a custom essay sample on The International Economy and International Economics specifically for you for only $16.05 $11/page Learn More International economics is defined as a sphere of study that explores the outcomes of lending, borrowing, investment and trade on an international scale. Conversely, international trade looks at how macroeconomic models can be used to comprehend international economics. Some of the salient features of international trade include consumer behaviour, firm behaviour, perfectly competitive monopolistic and oligopolistic market structures, and consequences of market distortions. The gross domestic product (GD P) is an important economic variable that measures the economic conditions of an individual/country. The gross national product reflects the output of economic activities within a specified period of time. For instance, the GDP/capita depicts the economic condition of a person in a country. It is important to mention that the GDP per capita differs significantly across countries. Table 1 provides up-to-date data on GDP and GDP per capita for a selected cluster of countries. Inflation and unemployment rates are used to measure the economic well-being of a country. Inflation is an economic variable that compares consumer price indices between two different periods. For instance, a lower inflation rate means that the economy is doing well and vice versa. The latter (unemployment rate) is used to measure the percentage of the unemployed people within a country. Table 2 depicts inflation rates and unemployment rates for some selected countries. It is worth mentioning that some data in ta ble 2 are abnormal as a result of the economic meltdown that occurred in 2008. Some economists employ a government budget to gauge the performance of economic activities. Tax revenues are commonly used to fund public projects such as the construction of highways. Generally, a surplus in the government budget occurs when the amount spent by the government on public projects is less than the total amount of tax revenue.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Conversely, a deficit in the government budget occurs when the tax collected is inadequate to finance public expenditure. It deserves merit to note that a Forex market is needed to facilitate transaction among different currencies in international trade. Many countries face the dilemma of whether to fix the exchange rate of their respective currencies or allow the rates to fluctuate according to the market dynamics. It is against this backdrop that the International Monetary Fund (IMF) was established to monitor and help countries solve their international currency dilemma. The IMF has created a list of currency regimes in all countries participating in international trade. The exchange rate systems adopted by some countries are depicted in table 3. The trade balance of a country is another key international statistics that indicate the economic well-being of a country. A country is deemed to have a trade surplus if the value of total goods exported surpasses the value of the total goods imported. On the other hand, a nation is considered to be experiencing trade deficits if the aggregate quantity of goods imported surpass the aggregate quantity of goods exported. This information is critical because it enables economists to describe the international investment position (IIP) of a country. It is worth mentioning that the IIP is an economic indicator that measures the aggregate value of foreign properties o wned by local inhabitants minus the aggregate value of domestic properties owned by foreign persons. The world has experienced several economic crises since the last century. The most recent one occurred in 2008 when world output declined and unemployment rate increased. What is more, there was a substantial decline in international trade as both domestic and international investments shrank. An economic recession usually occurs when the real gross domestic product of a country declines in addition to a rise in the aggregate rate of unemployment over a specified period of time. Thus, the International Monetary Fund (IMF) and the World Bank were established in order to curb economic crises. For instance, the main goal of the World Bank is to offer grants and loans to foster economic development among poor countries. On the other hand, the IMF is mainly tasked with monitoring the international exchange rate systems as well as offering short-term loans to countries experiencing balance of payments (BOP) problems.Advertising We will write a custom essay sample on The International Economy and International Economics specifically for you for only $16.05 $11/page Learn More National Income and Product Accounts The national income depicts the aggregate amount of money generated by factors of production within a year. Some components of the national income include profits, rents and wages. The national product (national output) depicts the market value of all final goods and services generated within an economy during a given year. Figure 1 depicts the circular flow of money within an economy. It deserves merit to mention that the national income (value of total income) should be equivalent to the national product (value of total output). As noted earlier, the gross domestic product reflects the output of economic activities within a country in a specific period of time. On the other hand, the gross national product (GNP) measures the tot al amount of goods and services produced using domestic factors of production. The GNP includes all production activities that occur within and outside the country. The national income defines the manner in which the GDP is computed. The equation below shows that the gross domestic product is an aggregation of the consumption (C), investment (I), government spending (G), and expenses on exports (XE) less expenses for imported goods (ME): GDP = C + I + G + XE − ME The consumption variable of the equation (C) represents domestic and/or foreign products and services procured by residents. Investments (I) denote the costs incurred while undertaking fixed investments. XE denotes the total amount of goods exported to other countries. ME denotes the total goods procured from another country. G denotes the total amount spend by the government on public projects (i.e. Construction of highways). Imports are usually deducted from the GDP equation since imported goods are a subset of the government, investment and consumption expenditures. In other words, the gross domestic product level is not directly affected by imports.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The balance of payment (BOP) accounts is a documentation of the financial transactions between the inhabitants of one country with the rest of the world within a specified fiscal year. The BOP account is composed of several smaller accounts. These include current account (CA), merchandise trade account, services account, goods and services account, and financial account. The following equation represents the CA balance: CA = XEG,S, IPR, UT-MEG, S, IPR, UT Where G= includes imports and exports of goods; S= services; IPR= income payments and receipts; and UT= unilateral transfers. A country is deemed to have a surplus current account if current account0. This means that the value of exports surpasses the value of imports. If the current account0, then the country has a deficit current account because imports are greater than exports. The trade balance shows various ways to record the difference between imports and exports. The merchandise trade balance is somewhat constricted in measu ring trade between countries dealing with traded products. Finally, the financial account balance measures the aggregate imports and exports. The international investment position (IIP) of a country can be compared to a balance sheet since it reveals the aggregate foreign assets owned by domestic inhabitants and the aggregate domestic assets held by foreigners within a specified period of time. Consequently, a nation’s net position with respect to international trade is either surplus or deficit. If the net position is a surplus, then it implies that the aggregate value of foreign assets owned by domestic inhabitants surpasses the aggregate value of domestic assets owned by foreign inhabitants. Statistics suggest that the United States is arguably the biggest debtor country in the world. In other words, the country’s IIP is in deficit and the monetary value of that shortage is the biggest in the world. For example, in 2008, the amount of money the US owed the rest of t he world was estimated at $3.47 trillion. Although some Americans are worried about the numerical size of the debt, it is worth mentioning that this debt is less than 25% of the country’s annual GDP. Overview of Trade Imbalances Some people consider a trade surplus to be a good thing and a trade deficit a bad one. However, a trade surplus/deficit can be good or bad subject to the prevailing economic conditions. A trade surplus occurs when exports surpass imports whereas a trade deficit emerges when imports surpass exports. Some people suggest that trade deficits usually results in loss of jobs in the economy. Nonetheless, when all outcomes of trade imbalances are considered, a trade deficit can only result in short-term job losses. It has been demonstrated that there exists an inverse relationship between trade deficits and the unemployment rate. For instance, figure 2 shows the trade deficit and unemployment in the United States between 1980 and 2009. According to figure 2, when the trade deficit increases, the unemployment level decreases. This phenomenon contradicts the earlier perception that trade deficits cause job loss in an economy. In a nutshell, trade deficits, when assessed with respect to their short-term and long-term economic effects, can bring about positive or negative effects depending on the prevailing economic conditions. For example, a trade deficit may indicate extreme borrowing that could result in a significant decline in the living standards since more resources are redirected to service accumulated debt. In this condition, a trade deficit is clearly disastrous for the economy. On the other hand, a trade deficit can augment domestic investments and eventual stimulate economic growth. In this case, debt repayment can be achieved without compromising the living standards of the households. What is more, a trade surplus may simply reflect discreet foreign savings as well as procurement of foreign assets in order to finance the pensi on scheme. In this condition, a trade surplus may prove to be useful for the economy. In addition, a trade surplus can also depict a period of reimbursement of previous debt. This situation may be tolerable if it is accomplished in harmony with the rising standards of living. Nevertheless, if the trade surplus emerges during a period characterized by a declining gross domestic product, then the trade surplus would occur when the living standards are declining. In this situation, a trade surplus would be a bad thing for the economy. Nonetheless, problems associated with trade deficit can be alleviated via an increase in the gross national product (GNP). In order to assess the trade imbalance of a country, one should start by establishing the country’s investment status (net international asset). A country’s investment status is comparable to a balance sheet which reveals the aggregate foreign assets held by domestic inhabitants. It also reveals the aggregate domestic as sets held by foreigners within a specified period of time. As a result, a nation will be in a credit position if the value of foreign properties owned by its citizens transcends the value of local propertied owned by foreign inhabitants. Conversely, a country is said to be in a debtor position if the aggregate amount of domestic assets held by foreigners surpasses the aggregate amount of foreign assets held by domestic inhabitants. There are four potential trade imbalance situations that a country might encounter. These are: (1) a creditor country experiencing a trade surplus, (2) a debtor country experiencing a trade surplus, (3) a creditor country experiencing a trade deficit, and (4) a debtor country facing a trade surplus. Figure 3 shows an assortment of potential investment positions a country might face in an international arena. The left side of the figure implies that the nation is a net debtor while the right side implies that the nation is a net creditor. There are importa nt observations that can be derived from the situations above. First, trade deficits are harmful to the economy when the prospect for economic growth is low and the country is facing enormous international debt. Second, trade deficits may be less harmful if the nation is in a credit position. What is more, trade deficits are less harmful if they take place in an environment characterized by increasing investments that spur economic growth. Third, a trade surplus can be harmful to the economy if it increases while the country is in a debt position. Finally, a trade surplus is harmful when the repayments of debts in the future will be lower than projected. The Forex: Participants and Objectives The foreign exchange market entails currency trading by key international banks. These international actors (banks) function as mediators between real sellers and buyers of currencies such as individuals, businesses and governments. In many cases, the international banks keep foreign currency r eserves and are prepared to swap them for local currency when the demand increases. Although each bank can set the exchange rate (ER), the market forces of supply and demand will eventually determine the real exchange rate. To put it another way, each bank establishes the ER at each period in order to balance the demand and supply of foreign currency in the Forex market. It is important to make out two different sets of partakers in the foreign exchange market. The firsts set consists of partakers whose transactions are documented on the current account. The second set comprises of partakers whose transactions are captured on the financial accounts. An individual who engages in exports or imports of merchandise must swap currencies in order to complete the transaction. For that matter, tourists and investors who travel overseas usually participate in the Forex market to swap their currencies. Investors usually engage in the Forex market on a daily basis. These investors include comm ercial banks, insurance firms and investment firms which engage in the Forex market in order to reap maximum profits on their investments or assets. What is more, some of these investors usually manage the assets owned by other parties. For example, insurance and investment firms handle hefty investment portfolios which represent capital utilized to compensate claims on deaths and accidents. A substantial number of these firms have forayed in international Forex markets in order to maximize the returns on their investments. For instance, the Bank of International Settlement spends approximately $3 trillion worth of currency in the Forex market each day. There are three main objectives that drive the investment decisions of investors. First, investors are concerned with the rate of return on their investments. Investors are usually attracted by investment portfolios that promise a high rate of return on their investments. Second, investors are concerned with the level of the risk pos ed by the asset. It is important to mention that there is a direct relationship between the level of risk and the anticipated rate of return. Therefore, the main issue of concern for investors is how to handle the exchange between investment returns and risk. Liquidity is the third issue of concern for investors. It basically implies the rate at which investment portfolios can be converted to cash. Insurance firm must hold investment assets that are somewhat easy to convert to cash in order to meet compensation claims that arise suddenly. Commercial banks must also invest in fairly liquid assets that can be easily converted to cash in order to fulfil cash requirements of their depositors. The exchange rate is defined as the amount of units that a given currency is swapped for one unit of another currency. For instance, the exchange rate between a British pound and a US dollar can be expressed as  £/$. In addition, the value/worth of currency can only be ascertained by by comparing it to another currency. A currency is considered to have appreciated if its value/worth increases in comparison to another. On the other hand, currency depreciation implies that the value of a given currency declines with respect to another currency. There are several exchange rate terms that are commonly used in the Forex market. For instance, currency arbitrage implies purchasing a currency at a lower rate in one market (i.e. London) and reselling it later at a higher rate in another market (i.e. New York). The spot exchange rate is defined as the exchange rate that facilitates trading to occur right away. Forward exchange rate reflects the value of the exchange rate on trades that will occur in the future to fulfil a prearranged agreement. Finally, hedging is defined as activities performed to minimize the risks that emanate from currency trading. Appendix Figure 1: A Circular Flow Diagram Figure 2: U.S. Trade Deficits and Unemployment 1980–2009 Figure 3: International Asset Positions Table 1: GDP and GDP per Capita (PPP in Billions of Dollars), 2009 Country/Region (Rank) GDP (Percentage in the World) GDP per Capita (Rank) World 68,997 (100) 10,433 European Union (1) 15,247 (22.1) — United States (2) 14,265 (20.7) 47,440 (6) China (3) 7,916 (11.5) 5,970 (100) Japan (4) 4,354 (6.3) 34,116 (24) India (5) 3,288 (4.8) 2,780 (130) Russia (7) 2,260 (3.3) 15,948 (52) Brazil (10) 1,981 (2.9) 10,466 (77) South Korea (14) 1,342 (1.9) 27,692 (33) Indonesia (17) 908 (1.3) 3,980 (121) Kenya (82) 60 (nil) 1,712 (148) Ghana (96) 34 (nil) 1,518 (152) Burundi 158) 3 (nil) 390 (178) Table 2: Unemployment and Inflation Rates Country/Region Unemployment Rate (%) Inflation Rate (%) European Union 9.8 (Oct. 2009) +0.5 (Nov. 2009) United States 10.0 (Nov. 2009) +1.8 (Nov. 2009) China 9.2 (2008) +0.6 (Nov. 2009) Japan 5.1 (Oct. 2009) −2.5 (Oct. 2009) India 9.1 (2008) +11.5 (Oct. 2009) Russia 7.7 (Oct. 2009) +9. 1 (Nov. 2009) Brazil 7.5 (Oct. 2009) +4.2 (Nov. 2009) South Korea 3.5 (Nov. 2009) +2.4 (Nov. 2009) Indonesia 8.1 (Feb. 2009) +2.4 (Oct. 2009) Spain 19.3 (Oct. 2009) +0.3 (Nov. 2009) South Africa 24.5 (Sep. 2009) +5.8 (Nov. 2009) Estonia 15.2 (Jul. 2009) −2.1 (Nov. 2009) Table 3: Exchange Rate Regimes Country/Region Regime Euro Area Single currency within: floating externally United States Float China Crawling peg Japan Float India Managed float Russia Fixed to composite Brazil Float South Korea Float Indonesia Managed float Spain Euro zone; fixed in the European Union; float externally South Africa Float Estonia Currency board This essay on The International Economy and International Economics was written and submitted by user Linda Collier to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Emily Dickinson Quotes - Beloved Poems and Selections

Emily Dickinson Quotes - Beloved Poems and Selections Emily Dickinson, reclusive during her lifetime, wrote poetry which she kept private and which was, with few exceptions, unknown until its discovery after her death. Selected Emily Dickinson Quotations This is my letter to the world This is my letter to the world,That never wrote to me,The simple news that Nature told,With tender majesty.Her message is committed,To hands I cannot see;For love of her, sweet countrymen,Judge tenderly of me. If I can stop one heart from breaking If I can stop one heart from breaking,I shall not live in vain:If I can ease one life the aching,Or cool one pain,Or help one fainting robinUnto his nest again,I shall not live in vain. Short Quotes We meet no Stranger, but Ourself The soul should always stand ajar. Ready to welcome the ecstatic experience. To live is so startling it leaves little time for anything else. I believe the love of God may be taught not to seem like bears. The Soul selects her own society Im Nobody! Who are you? Im Nobody! Who are you? Are you – Nobody – too? Then theres a pair of us! Dont tell! theyd advertise – you know! How dreary – to be – Somebody! How public – like a Frog – To tell ones name – the livelong June – To an admiring Bog! We never know how high we are We never know how high we areTill we are called to rise;And then, if we are true to plan,Our statures touch the skies.The heroism we reciteWould be a daily thing,Did not ourselves the cubits warpFor fear to be a king. There is no frigate like a book There is no frigate like a bookTo take us lands away,Nor any coursers like a pageOf prancing poetry.This traverse may the poorest takeWithout oppress of toll;How frugal is the chariotThat bears a human soul! Success is counted sweetest Success is counted sweetestBy those who ne’er succeed.To comprehend a nectarRequires sorest need.Not one of all the purple hostWho took the flag to-dayCan tell the definition,So clear, of victory,As he, defeated, dying,On whose forbidden earThe distant strains of triumphBreak, agonized and clear. Some keep the Sabbath going to church Some keep the Sabbath going to church;I keep it staying at home,With a bobolink for a chorister,And an orchard for a dome.Some keep the Sabbath in surplice;I just wear my wings,And instead of tolling the bell for church,Our little sexton sings.God preaches, - a noted clergyman, - And the sermon is never long;So instead of getting to heaven at last,I’m going all along! The brain is wider than the sky The brain is wider than the sky,For, put them side by side,The one the other will includeWith ease, and you beside.The brain is deeper than the sea,For, hold them, blue to blue,The one the other will absorb,As sponges, buckets do.The brain is just the weight of God,For, lift them, pound for pound,And they will differ, if they do,As syllable from sound. Faith is a fine invention Faith is a fine inventionWhen Gentlemen can see - But Microscopes are prudentIn an Emergency. Faith: variant Faith is a fine inventionFor gentlemen who see;But microscopes are prudentIn an emergency. Hope is the thing with feathers Hope is the thing with feathersThat perches in the soul,And sings the tune without the words,And never stops at all,And sweetest in the gale is heard;And sore must be the stormThat could abash the little birdThat kept so many warm.I’ve heard it in the chillest land,And on the strangest sea;Yet, never, in extremity,It asked a crumb of me. Look back on time with kindly eyes Look back on time with kindly eyes,He doubtless did his best;How softly sinks his trembling sunIn human nature’s west! Afraid? Of whom am I afraid? Afraid? Of whom am I afraid?Not death; for who is he?The porter of my father’s lodgeAs much abasheth me.Of life? ‘T were odd I fear a thingThat comprehendeth meIn one or more existencesAt Deity’s decree.Of resurrection? Is the eastAfraid to trust the mornWith her fastidious forehead?As soon impeach my crown! The right to perish might be thought The right to perish might be thoughtAn undisputed right,Attempt it, and the Universe upon the oppositeWill concentrate its officers - You cannot even die,But Nature and Mankind must pauseTo pay you scrutiny. Love is anterior to life Love - is anterior to Life - Posterior - to Death - Initial of Creation, andThe Exponent of Earth. The last night that she lived The last night that she lived,It was a common night,Except the dying; this to usMade nature different.We noticed smallest things, - Things overlooked before,By this great light upon our mindsItalicized, as ’t were.That others could existWhile she must finish quite,A jealousy for her aroseSo nearly infinite.We waited while she passed;It was a narrow time,Too jostled were our souls to speak,At length the notice came.She mentioned, and forgot;Then lightly as a reedBent to the water, shivered scarce,Consented, and was dead.And we, we placed the hair,And drew the head erect;And then an awful leisure was,Our faith to regulate. A word is dead A word is deadWhen it is said,Some say.I say it justBegins to liveThat day. Short Selections Of shunning Men and Women - they talk of Hallowed things, aloud - and embarrass my Dog - He and I dont object to them, if theyll exist their side. I think Carlo would please you - He is dumb, and brave - I think you would like the Chestnut Tree, I met in my walk. It hit my notice suddenly - and I thought the Skies were in Blossom - For my companions - the Hills - Sir - and the Sundown - and a Dog - large as myself, that my Father bought me - They are better than Beings - because they know - but do not tell. Behind Me - dips Eternity - Before Me - Immortality - Myself - the Term between - Susan Gilbert Dickinson to Emily Dickinson in 1861, If a nightingale sings with her breast against a thorn, why not we? Because I could not stop for Death Because I could not stop for Death,He kindly stopped for me;The carriage held but just ourselvesAnd Immortality.We slowly drove, he knew no haste,And I had put awayMy labor, and my leisure too,For his civility.We passed the school where children playedAt wrestling in a ring;We passed the fields of gazing grain,We passed the setting sun.We paused before a house that seemedA swelling of the ground;The roof was scarcely visible,The cornice but a mound.Since then ’t is centuries; but eachFeels shorter than the dayI first surmised the horses’ headsWere toward eternity. My life closed twice before its closeor, Parting is all we know of heaven My life closed twice before its close;It yet remains to seeIf Immortality unveilA third event to me,So huge, so hopeless to conceive,As these that twice befell.Parting is all we know of heaven,And all we need of hell. About These Quotes Quote collection assembled by Jone Johnson Lewis. This is an informal collection assembled over many years. I regret that I am not be able to provide the original source if it is not listed with the quote.

Reflective report Essay Example | Topics and Well Written Essays - 1000 words - 5

Reflective report - Essay Example Lighting system creates important mood within each scene. For example, a green and somber soft light is used to present not dangerous and fearful scenes, but melancholic and depressing. Time slot may affect quality of the show since it leaves audience in much suspense. Since the film is a story on one of the great countries of the world, it will attract and appeal to a wide demographic of consumers from all walks of life, the young and the old alike. Genre as used in the films assists in limiting the scope of the film for the audience, writer and director of the programs. As used in tagline, each genre has unique elements capable of making distinctive from others such as story line, setting, characterization, style, star actors, and creative devices like action sequences. Such cases present elements of genre that requires repetitive presentations for familiarization to be established. There is an element of creating certain dispositions within audience minds whenever they view it. The program concept is extraordinary, which is one of the main things that create some sense of uniqueness (Wright, 2002). The program acts as one of the most desired examples, since the program content represents actual masterpiece sorted after by viewers. The program reveals some level of relevance based on general life hence keeps the audience entertained through various humorous instances. Several scenes used in the program utilize great set of aesthetics connecting perfectly with appropriate mood and feeling. Various technologies should be considered in such scenarios where director should be familiar with programs and scripts presented. Emphasis should be on nature of casting utilized. There is also issue on editing which should be of high quality as well. Issue on video transitions requires attention to ensure complete flow across the scenes. Few programs are known to be capable

Strategic Management.Changes In The Remote Environment Of U.S Assignment

Strategic Management.Changes In The Remote Environment Of U.S - Assignment Example Further, the essay illustrates a competitor profile for the American university versus the Stanford university and lastly, this essay elaborates on the outlines of the success of the Google firm and the industry analysis model to name but a few. 1.) Briefly describe two important recent changes in the remote environment of U.S. business in each of the following areas: a.) Economic b.) Social c.) Political d.) Technological e.) Ecological Having put that across, it is worth to note the pertinent changes that the U.S business has undergone so far. U.S’s remote environment on business has undergone through several changes if viewed under the following factors, economic, social, technological, ecological, and political. First is pertinent to understand that, the economic nature of a business involves the direction and nature of the economy in a given firm. Therefore, two factors that affect the remote economical changes of the business are first, the consumption patterns, where it is vital for each firm to consider the trends of its economy affecting the industry. Second, managers should consider general inflation rates, credit accessibility and the growth of the gross national product. Secondly, on social issues it can be noted that recently women have proved to be the majority entry in the labor markets. However, the above has not only affected the compensations, hiring, and employee’ resource capability but also it has created the expanded product demand. In addition, the second pertinent social alteration is the customer accelerating interest as well as quality life employees. Workers tend to demand salary increase, and other advanced opportunity, which is incorporated in the social status. On political side, it is pertinent to acknowledge the fact that stability as well as direction of politics are core factors that facilitate the evaluation of the remote environment. Example of the two factors is the government acts in supporting the competitorà ¢â‚¬â„¢s advantages and some actions of government. The above, can affect the firm’s remote environment, such actions are the customer, and supplier functions. On other hand, the technological issue also affects the remote environment of the business in U.S. Here, technological factor is essential in promoting the innovation and in avoiding the obsolescence; therefore it is vital for the firm to be aware of the industrial influence on the technology. Technological change may affect the new markets that are sophisticated and it can as well shorten the firm life in anticipation. Another factor is the ecological niche, here the experts discusses that the core factor in the environmental remote is relationships between ecology and business in a reciprocated manner. A major cause of concern here is the human activity in an industrial society, which is a threat to the support of life. It is disturbing to realize that global climate has been a huge change in the remote of business r ealm. Another pertinent area is the loss of biodiversity and habitat. According to the experts, it is pertinent to acknowledge the fact that change of fauna and flora is at high speed and this can lead to its extinction. 3.) Develop a competitor profile for American Public University System and Stanford University. Next, prepare a brief strategic plan to improve the competitive position of the weaker of the two colleges. A worth noting fact is that in any given firm, competitors play a great part in either ensuring the development of the business environment or brings a business to a halt. For instance, the American university and the Stanford University have their own competitors staged in a well-set profile. However, the

Summary, Plot, Moral Values, Themes the Call of the Wild Essay Example for Free

Summary, Plot, Moral Values, Themes the Call of the Wild Essay Summary: Buck, the lead character, is a much loved and pampered dog living a comfortable life on a ranch under the loving care of his owner, a wealthy judge who makes his pet want for nothing. Then one day, Bucks life takes a dramatic turn when hes sold off by an unscrupulous servant to pay a debt. He travels in a cage for the first time and is sold in Alaska, where dog-sleds are the primary mode of transportation. Buck has to quickly adapt to his new life as a sled dog and learn how to survive in a dog-eat-dog world where the competition is tough and often deadly. The basic comforts he had hitherto taken for granted, namely abundant food and warm shelter, are replaced by the bare necessities for survival which have to be fought for tooth and claw. Buck learns quickly, his physique and natural intelligence standing him in good stead, all the while improving as a sled dog and ultimately deposing the pack leader, his arch enemy: Spitz. His life changes sharply yet again, as he is sold off to Hal and his wife, people who know nothing about sledding or caring for animals till at last he is rescued by a kind and loving man, his last master: John Thornton. At last Buck finds a master who loves him besides caring for or pampering him. However this happiness is not built to last, his master is murdered by the vicious Yee-Hats, a tribe of brutal savages. In the midst of his anguish, Buck has to find his true self, he has to listen to the Call of the Wild and to answer it to go leaping towards his destiny Get this e-book now at a very low price. Summer Promotion at eBooks.com! Take $15 off on $100 or more purchase. Use code: SUMMEREBOOKScp. Valid until Sep 22, 2012 Social/Historical context: The book was published in 1903, the time of the gold rushes and adventures in vast, unexplored tracts of land. A time before the full use of machinery and sophisticated technology, when often, dog sleds and carts were the only means of communication in the wilderness. Londons masterpiece, as it is often hailed to be, explores the heart of those yet-primitive societies on the edges of civilization, through the minds of their beasts. Writing Style: The book is written as a third-person narrative, continually following the central character and from the point of view of the central character. The language is extremely simple and lucid, and combined with a gripping plot, the book is easy to follow and hence suited for younger as well as seasoned readers. London has explored society from a dogs perspective. However the deeper, darker messages of unbound greed, ambition and ultimately the necessity of adaptability to change are easy to spot. There is an innocence in the way the author has attempted to capture the scene from a dogs point of view, this adds to the simple charm of the book. My Thoughts: One of my early classics, I read this for the first time when I was 9 and I loved it because I loved animals as all children of that age do. Now, when I reminisce about it I relate, with an adult mind, to the other themes in the book. I cannot help but wonder at the complexity of the layers, so deep yet so simply structured. A timeless tale for all and sundry.