Faiza Bawumi Sayed Ahmad Essay

Faiza Bawumi Sayed Ahmad, which is the Chief Executive Director of Faiza Sdn Bhd, which is synonymous with local private television reality program in the form of charity â€Å"Bersamamu† because the company is the main sponsor of the plan, said the intention now is to set up a foundation to help the poor. â€Å"Bersamamu† TV3, is a reality TV program which focused on the life of the poorer, helpless and misfortune Malaysian’s in their survival, whereas at the same time this TV programme, endeavoured to gain charity to the plight who’s aired on the show under the tag line â€Å"Hulurkan tangan ringankan beban†. As one of Corporate Social Resposibility, SYKT FAIZA takes this opportunity to be one of the sponsors for this TV programme since it started. In conjuction with that, consumers who purchase SYKT FAIZA’s products will also contribute to â€Å"Tabung Bersamamu TV3†. Quotes from Faiza Bawumi Sayed Ahmad, â€Å"Experience life on the ground approached the needy and single mother makes me desire to establish the Foundation Faiza one day to manage the welfare and contribution to the public. My intention is only one, that is not my intention to trade wealth for herself, but to help others, especially the poor and single mothers enjoy a good life â€Å". The sentence expressed her personality who likes to help others. Hajah Faiza involved in business not only because just to get rich but to give charity to the community. Even though, she is busy with his company but she has arrange her time to involve in commitment to corporate social responsibility. Each sale of product are been given to Tabung Bersamamu TV3 Picture of poor community with Faiza and television programme Bersamamu TV3 Despite her busy schedule, Hajah Faiza always spared time for charity work and heads a number of associations like Pemborong Beras Bumiputera Malaysia, Pertubuhan Kebajikan Islam Malaysia (Perkim) Batu Pahat, Batu Pahat Umno Division (Head of Welfare Bureau) and sits on the Batu Pahat Board and trustee of the Batu Pahat orphanage.

Purpose of Laws in Society Essay

Laws have been around for thousands of years and serve many different purposes. Laws set boundaries. Without law, how do you know what is right or wrong? Laws make it clear for all who are under them. Their purpose is supposed to be for the protection of society. Laws are for sure needed in society to ensure the safety of the people and to ensure functions properly and efficiently. One of the Major things that laws do is that they promote the goals of society and keep people civil and try to maintain peace among the people and keep the crime right to a minimal. Laws reflect the values and beliefs in a society and promote people to do the right thing and follow the law, because it holds people accountable for their choices. One of the goals of society to create equality among the people and law make that possible giving everyone the same chances as other everyone and the power of freedom is also created through law. Laws also promote the goals of society because they protect people rights. An example of this would be when people are trying to find a job the laws protect them from being discriminated against because of there race, they can’t just get turned down for the job because of there culture or race. Laws continue to promote the goals of society and continue to help keep the people in the country under control and to keep from anarchy. Another thing that laws do very well is that help settle disputes. They accomplish this from having civil courts for example. Civil court is for civil problems and cases and settling disputes among people. An example of this could be when someone is selling something online via ebay or craigslist’s and or a similar website and then rips the person off who is buying the service or product the customers could then settle the dispute in a civil court hearing. They also help settle disputes because it gives people the chance to fight for what is true fully there’s and or what is right. For example if someone takes something from them and wont give it back they could settle the problem in a civil court. The theme of law is not to punish people but rather have them stay away from crime. As a active member of society we are expected to follow the rules and laws of our country. Law is created to keep people safe from crime and give justice. When a person breaks the law they must accept he punishment according to severity of the crime. Therefore when a person thinks about breaking the law, the law makers hope he will think twice. Laws protect people through punishment because it holds people accountable for there actions. Before you commit a crime you already know what the punishment may be for doing so. Therefore if the law makes someone think twice about what they are doing and stop that person from actually committing the crime then it has served its purposed. Laws Provide order among the society as well and this is massively important because its keeps people from going completely savage and keeps people civilized as well as keeping complete anarchy from arising. Laws provide order among the people because knowing what the laws are also means you should be aware of what happens to those who chose to not follow the law. This keeps people in tact and keeps order because most people do not wish to serve the punishment of breaking a law and therefore will most likely chose to be a law abiding citizen. Truth be told, laws are definitely needed in today’s society, they keep the people civilized and for the most part keep our society running smoothly. People need to have guidelines and rules and laws the need to be followed or else everyone would just do what they wanted and complete chaos would happen. Laws are good and serve a great purpose in our contemporary society.

Thesis Proposal Social Media Marketing Plan for Loop

Social Media Marketing Plan for Loop - Thesis Proposal Example thesis proposal for e-marketing plan about Loop, World’s first mobile wallet that links cards, and provides competitive analysis and feasibility study about its e-marketing targets. Situation analysis is one of the most essential components of en e-marketing plan. It provides a comprehensive overview of a company’s current situation related to marketing activities and it can help the firm identify and focus on the key variables in terms of revenues, profitability, competition and performance (Smith and Taylor, 2004). Internal and external environmental analysis with help of tools such as SWOT will be used for conducting environmental scanning of Loop’s e-marketing activities. Loop, a recent project developed by Will Graylin and George Wallner, will be an amazing experience for all customers worldwide as they can store and organize all their cards on their Smartphone to be used in retail and other major outlets. Loop is going to pioneer linking of cards to Smartphone for customers’ shopping purposes. Using e-marketing strategies for promoting it worldwide will certainly open greater opportunities of wider marketing. The SWOT and environmental analysis of Loop will focus strengths and opportunities including focus on value creation, customer relationship, wider opportunity of global market, innovation and R&D advantages, growing trends of using cards in stores and people’s perception about safety and security of cards etc. The analysis will also focus on weaknesses and threats such as shopper’s acceptance of linking with Loop, storage and transmission capacities in Smartphone, alliance with mobile Smartphone companies, hacking and spy-ware etc. The main reason why e-marketing continues to create newer opportunities for marketing success is because it transforms marketing strategies to create more customer value through effective segmentation, targeting and positioning and creates exchanges that satisfy consumers’ requirements (Gay, Charlesworth and

Art People Gallery Essay Example | Topics and Well Written Essays - 750 words

Art People Gallery - Essay Example The variety of artwork includes oil on canvas, impressionism, Acrylic, Mixed Painting, Sculpture, traditional, modern multimedia, Water-based, Surrealism, Water ColPaintinglism, mixed drawings, Figurative art, Pencil colored and Realism. Such a tremendous variety catches the attention of many people as they visit the art gallery is n huge numbers. The mission of the art gallery is to revitalize the education of artwork to use interesting combinations of technologies instead of using the same abstract work. Creativity is the key to modern artwork and many artists realize this fact (Galenson, 76). They have developed skills to use software techniques with crafty handwork and versatile combination of colors to induce tremendous attraction for art lovers. The artwork is not limited to the images only; instead, modern software tools have increased the competition in creating unique videos multimedia images (Malchiodi, 28). Competitions are arranged on regular basis to see the amazing pieces of art from crafty people who work hard to make interesting images and videos. The art pieces displayed in the gallery are placed for selling to people. Half of the price is paid to the artist and another half for the commission. Plenty of artists are working for displaying their talents in the areas of artwork. They are around a hundred in the number who display their tremendous pieces of art here. The gallery features pictures from a variety of international artists. The most famous of them is Meamar Ali, who is famous in mixed painting and abstract work. His stylistic work is praised a great deal in the art gallery.

Technical Proposal Paper Essay Example | Topics and Well Written Essays - 2000 words

Technical Proposal Paper - Essay Example In fact, the computers on a network are linked through telephone lines, cables, radio waves (wireless technology), or infrared light beams. In addition, a computer network is also acknowledged as simply an information network or simply net. In this scenario, the Internet is the most popular information network. It distributes data and information between internet users. Additionally, a computer network uses any network operating system that is responsible for managing and co-coordinating the operations of computers that are connected to the network. Some of the well known examples of these operating systems are: Windows NT, Linux, Unix etc. (Nash, 2000; Tanenbaum, 2002; Turban et al., 2005). This project proposal presents the specification of a new network technology based system that will allow data sharing and communication for the effective management of the corporate areas. This proposal is based on the given scenario. Our business is a small architectural business with different working teams. For superior interaction and communication we need to establish a computer network that can offer an excellent support for working remotely as well as communicate with business headquarters. 2- Background As discussed above, we have a small architectural business, with a Chief Executive, Finance Director and Sales Director. Apart from the mentioned hierarchy there are four architects, two administrative staff members and two architectural engineers. In this scenario, architects and engineers could be working at remote locations and would need communication facilities. Regarding this situation, we need a corporate network that can offer an excellent support for managing and coordinating tasks. In addition to this, it could be a web based network or system that can offer the capability to communicate and collaborate effectively. 3- Proposed Solution A new â€Å"network arrangement† will be established that will offer the facility to communicate effectively with business staff, share resources, data and facts remotely. In addition, this network will be supported by the Internet and can make use of workstations, network server and handheld PDAs for the establishment of overall communication of our business. 4- Office Plan In order to establish a network on the basis of the above given set-up, we need a more flexible network arrangement that would be able to support every area of our business and offer a capability for mutual sharing and handling of corporate resources. 4.1- Requirements for the Network In this setting the main requirements for the new network technology implementation are as follows: The established network must offer the means to communicate effectively The established network must offer an effective data sharing environment The established network must offer the secure data access points The established network must offer an excellent communication facility The established network must offer the remote access to network Th e established n

Business Integration topic Essay Example | Topics and Well Written Essays - 3000 words

Business Integration topic - Essay Example During this period, the company opened 13 stores. (JB Hi Fi, Annual Report – 2007) The strategies followed by JB Hi Fi will be discussed in light of recommendations for further improvement and growth in this paper. These strategies will be discussed in terms of the phases put forward in the book by Kotter titled Leading Change, as well as theories by various other scholars like Taylor, Porter and others. In the book Leading Change, Kotter has used the word urgency to describe the first phase so as to get a head start into the process of transformation. This can be seen in JB Hi Fi’s foray into the market of technology with the popularity of its â€Å"Big Box†. This has to do with taking stock of competitive and market realities with a focus on crises and opportunities. (Kotter, 1996) This has been paralleled in Organizational Behavior and Management through a focus on competitive advantage which can be described as follows: (Ivancevich et al, 2004) This brings us to a discussion on the technicalities of the model proposed by Porter. Porters Five Forces model provides suggested points under each main heading. When taken into consideration individually, each of these gives rise to the development of a broad and sophisticated analysis of competitive position. This may further be used during the creation of a strategy, plans, or even where making investment decisions about a business or organization is concerned. These five competitive forces determine industry profitability and attractiveness apart from being responsible for shaping the prices that firms can charge, the costs they have to bear, and the required investments to engage in industry level competition. We are concerned with the fact that Porter’s essentially ahistorical approach cannot provide a full account of either a nation’s competitive advantage and corporate strategies or the growth and development of industrial

The differences between Western and Chinas education Essay

The differences between Western and Chinas education - Essay Example The same is related to teachers. Their salary, unlike salary of Western teachers, depends on how well their students study. Another difference is that in China children do not choose subject they can study. They have to study all the subjects the school teaches. Only in high school children are allowed to choose some subjects. In Western education children can choose more subjects – they have more freedom in choosing certain specialization. Grades for each subject in China depend mostly on results of tests. While in the Western system assignments completed during each week add to the final grade, tasks that Chinese children do at school do not count to the final grade. The final grade depends on exams. Besides, grades for tests and exams are shown to everybody. As a result every student knows what grades have other students. A teacher then praises students that have good grades and criticized bad students, ties to encourage them to study better. Also the best students get rewards for their excellent grades, even money from school. On contrast, Western schools disclose to a student only his or her grades. In China children spend most of the day at school and evening at extracurricular classes. So those that want to enter a university come home at 9 in the evening. At the same time, western children spend less time studying and have more free

Homeland Security Essay Example | Topics and Well Written Essays - 1750 words - 1

Homeland Security - Essay Example An evaluation of Department of Homeland Security demonstrates that in spite of its shortcomings, it is the best hope for protecting Americans from terrorists. Consequently, it is necessary to enhance its effectiveness and address the challenges that limit organizational efficiency. The Patriot Act was passed in the aftermath of the September 11 attacks on the World Trade Center (The Department of Justice, 2015). The widespread support for this tool was demonstrated by the huge bipartisan support. The Senate passed it 98-1 while the House voted 357-66 to approve its passage (The Department of Justice, 2015). The Act gave the Department of Homeland Security new tools to detect and neutralize terrorism threats facing the country. The tool allowed the Department of Homeland security to enhance the effectiveness of its existing tools by giving it more surveillance powers and making it possible to access business records without tipping the suspects (The Department of Justice, 2015). In addition, it made it possible for different security agencies to coordinate effectively. The approach enabled them to connect the dots to result in improved security outcomes. It is noted that the Act updated the law for it to be consistent with new technologies and emerging threats. It is also evident that the Act increased the penalties for the individuals and organizations that engage in terrorist activities. The Act also exudes varied controversies because many people believe that since it was passed forty-five days after the terrorist attack, it was not subjected to intense scrutiny (Diamond, 2015). The security agencies have also abused the Act to create a surveillance state. Interestingly, the increased surveillance led to the collection of colossal amounts of data that made it difficult for the security agencies to find valuable patterns. The revelations by a NSA analyst, Edward Snowden raised concerns about its

Client CaseTesting and Appraisal Essay Example | Topics and Well Written Essays - 1000 words

Client CaseTesting and Appraisal - Essay Example It is therefore hardly surprising that Bobby’s first grade report notes that he was placed in the low reading group. His mathematics are also problematic as he refused to complete his assignments and has difficulties with fine coordination. In the first grade Bobby did not do well on his SRA Achievement Test although he scored relatively better in reading comprehension and vocabulary. The results were 31 percent compared to 2 percent on mathematics reasoning, mathematics concepts and mathematics computation. Bobby’s Burk’s Behavior Rating Scale results are also troubling in that he achieved significant scores on anxiety-withdrawal, academics, suffering and anger control. He also achieved significant scores on ego strength and attention. Bobby’s Detroit Test of Learning Aptitude are very important for assessing his mental capacities and his cognitive abilities. It is also valuable for measuring his â€Å"basic abilities† and the â€Å"effects of language attention, and motor abilities on test performance† (DTLA-4). It is entirely important for placement in educational programs (Jones and Drummond 2004, p. 306). The results suggest that Bobby’s greatest difficulty is in the area of attention as his attention aptitude is equivalent to that of a 3 year old. All other results demonstrate that Bobby has the aptitude of a seven year old generally although he is just below average in some areas and above average in others. His IQ is 96 suggesting that h is intelligence is just above average. In fact the resource room notes that Bobby has potential. The examiners comments pretty much confirms what is generally common knowledge and that is the fact that Bobby has attention problems. In accordance with the ACA’s Code of Ethics and Standards of Practice 1977, Responsibilities of Users of Standardized Tests 2003, and other appropriate Codes of Ethics, Bobby’s parents will be assured that Bobby’s test results are confidential and are

Energy Drinks and There Effects Essay Example for Free

Energy Drinks and There Effects Essay Have you ever wondered what the side effects were after drinking an energy drink? People buy these types of drinks all the time and they are very popular with the younger groups. They give you a boost of energy but they can also make you sick. There are many different brands of energy drinks on the market the most popular are Red Bull and Monster. People are now mixing these with alcohol which has a serious side effect. There are several ingredients in energy drinks: caffeine, taurine, b vitamins, inositol, ginseng, glucuronolactone, artificial sweeteners, ginkgo biloba, and l-carnitine. The caffeine in these drinks can cause dizziness, jitters, nausea, irritability and nervousness. You can also have an allergic reaction like: a rash, difficulty breathing, and swelling of the mouth, face, lips or tongue. To many b vitamins like vitamin (B3) can cause flushing of the skin. Ginkgo biloba can cause nausea, vomiting, heart palpitations and the l-carnitine can cause headache, diarrhea, sleep difficulty. Why do people buy these drinks? Because they give you an energy boost when you need it. These types of drinks are more popular with the teens and college kids they drink these to give them a boost when they are studying or partying to help them stay awake but when the effects of the drink wears off they feel more tired than they already were. These drinks contain more caffeine then a regular soda a normal soda has 25-40 milligrams of caffeine and the energy drink has 280 milligrams of caffeine. This much caffeine can affect your heart rate and blood pressure. Having this much caffeine in your body can make you heart rate become accelerated. These sorts of drinks can also cause dehydration which is not good on your body. Mixing energy drinks and alcohol has become popular with people. It says that when you mix the two together the energy drinks counteracts the depressant effect of alcohol. Mixing the two causes your body to become more dehydrated than drinking one of the drinks alone. After you drink one or more of the mixed drinks your body wants more and you become more dehydrated. My thoughts about this type of drink are that they are not very healthy and they can cause permanent damage to your body. Why would anyone want to put something like that in there body? For me they are no good and would cause more damage to my heart than there already is and you only have one heart. My own children have tried these energy drinks and the effects they had on them were not pleasant they were full of energy and could not hold still for a minute and when the effects wore off they were too tired to do anything. When they woke up the next day they still felt tired and they said they didn’t feel all the greatest. References: The Health Effects of Energy Drinks-Associated content from Yahoo http://www. associatedcontent. com/article/234299/the _health_effects_of_energy_drinks_pg.

Ecosystem Approach in Fisheries Governance in the Arctic

Ecosystem Approach in Fisheries Governance in the Arctic A social science perspective on fisheries management and development Mikhnyuk Elizaveta Abstract The ecosystem approach to fisheries is a highly topical issue at present. The aim of current analysis was to reveal the historical development of the ecosystem approach to fisheries in the Arctic. The Arctic has natural resources and a rich wildlife is important to the inhabitants. The Arctic is undergoing major environmental changes including decrease in sea ice cover, increase in river runoff and precipitation, accelerated warming, and permafrost and glacier melt. This changes, along with new opportunities for economic development create more stress and pressure on the Arctic marine ecosystem. Introduction Arctic biodiversity isn’t only valuable in itself, but it is extremely important for use in various fields of human activity. Arctic is the habitat of species with striking adaptations to survive in the extreme cold and highly variable climatic conditions. More than ten percent of the global fish catch accounts for the Arctic Sea and the Arctic. More and more tourists are heading north. Growing worldwide interest in Arctic species and ecosystems as an increasingly rare example of primordial biological diversity. Warming and economic potential will cause health problems and welfare in the Arctic. Effects of pollutants on the environment and human health in the Arctic remains one of the highest priorities. Sources and pathways of these pollutants are found both inside and outside the region. In the Arctic marine and terrestrial animals, which are eaten by indigenous ethnic groups and other inhabitants of the North, accumulate many persistent organic pollutants and heavy metals resulting from industrial and agricultural activities carried much further south, but transferred and accumulated in the food chain. Moreover, many existing and abandoned military and industrial facilities left in the Arctic region pollutants and pollution. These objects can represent significant problems and potentially contribute to the deterioration of local and regional environment. The problem is even more serious conditions, there is a trend in the warming of the Arctic, which leads to an accelerated release and di stribution of substances in the environment. (Perelet R. 2006) What is the ecosystem approach? The term â€Å"Ecosystem Approach to Fisheries† (EAF) was adopted by the FAO Technical Consultation on Ecosystembased Fisheries Management held in Reykjavik from 16 to 19 September 2002 (FAO, 2003). Thereby the EAF should be seen as an evolution of traditional fisheries management and not as revolution. The term â€Å"approach† indicates that the concept delineates a way of taking ecosystem considerations into more conventional fisheries management (Garcia et al., 2003). The Reykjavik FAO Expert Consultation (FAO, 2003) was introduced the main purpose of an ecosystem approach to fisheries is to plan, develop and manage fisheries in a manner that addresses the multiplicity of societal needs and desires. (Kempf, 2009) Under the World Summit in Johannesburg in 2002, the participants were committed to implement an ecosystem approach to fisheries management within 2010 (Norwegian State Secretary Ulriksen, 2006). In 2003, the UN’s Food and Agriculture Organisation (FAO, 2002) published guidelines for an ecosystem –based management approach to fisheries. The guidelines emphasized that fisheries should be conducted to limit the impact on ecosystems. Moreover, it also states that dependent and associated species being harvested should maintain their ecological relationship for further generation to be able to benefit from them. The North Pacific Fishery Management Council (NPFMC) (the US fisheries in the Bering Sea) was supposed that ecosystem approach to fisheries management should consider the interactions among fisheries and their target species, their direct and indirect impact on other species and this influence on target fisheries, as well as broader ecosystem actions such as climate, predate or play relationship and other socioeconomic activities (NPFMC:71). The plan sees other activities that affect the marine ecosystem, such as communities, shipping, oil and gas development, and military. (Tonje Fingalsen, 2009) Arctic Marian Ecosystems The Arctic is the habitat of more than 21,000 species, well adapted to cold: mammals, birds, fish, invertebrates, plants and fungi, including lichens, as well as tens of thousands of species of microbes. The Arctic is a unique opportunity to keep large intact ecosystems to their original set of species. The implementation of this feature will help to preserve the integrity of Arctic biodiversity and sustainability of Arctic communities. Biodiversity in the Arctic is degraded, but the immediate adoption of decisive measures will help to keep extensive and relatively intact ecosystems tundra, mountains, fresh water, seas, and the role that they play in the livelihood of mankind. The Arctic Ocean is the smallest of the world’s oceans (total area c. 10 million km2) and consists of a deep central basin, the Arctic Basin, surrounded by continental shelves. The Arctic Basin is further divided by the Lomonosov Ridge (maximum sill depth: 1,870 m; Jakobsson et al. 2008) into the Eurasian and Amerasian Basins. Maximum depths (c. 5,260 m) are found near the Gakkel Ridge, an extension of the North Atlantic Mid-Ocean Ridge system that divides the Eurasian Basin along a line from northern Greenland to the East Siberian shelf (Jakobsson et al. 2004). The Arctic Ocean has the most extensive shelves of any ocean, covering about 50% of its total area. The circumpolar marine Arctic comprises the Barents Sea, Kara Sea, Laptev Sea, East Siberian Sea, Chukchi Sea, Beaufort Sea, Canadian Arctic Archipelago and Greenland Sea. The Barents, Kara, Laptev, East Siberian and Chukchi shelves are shallow and broad (400-800 km) while the shelves Arctic marine ecosystems are important constituents of global biodiversity. Arctic marine ecosystems are habitats to a vast array of over 5,000 animal species and over 2,000 species of algae and tens of thousands of microbes. The marine Arctic also provides habitat for large populations of marine mammals and birds, some of which form colonies that are among the largest seabird colonies on the planet. The unique characteristics of Arctic marine ecosystems also contribute directly to global diversity. For example, Arctic sea ice ecosystems support biodiversity at various scales ranging from unique microbial communities to apex predator species such as the polar bear Ursus maritimus and walrus Odobaenus rosmarus whose ecology is closely associated with the sea ice environment. Indirectly, the Arctic Ocean plays a key role in shapingthe global biodiversity of marine and terrestrial ecosystemsas it plays an essential role in the Earth climatesystem. The Arctic Ocean also influences marine ecosystemsof the Atlantic Ocean directly, as waters and sea ice exiting the Arctic Ocean affect the physical, chemical and biological characteristics of the North Atlantic. (Christine Michel, 2013) An Ecosystem Approach in the Arctic Ocean. Climate change affects the physical environment, with consequent impacts on ecosystems and species as well as the mobilization of contaminants. Human activity in the Arctic may increase due to improved access and rising global demand for resources. Risks from pollution such as oil spills will increase as Arctic development proceeds. Pathways for invasive species to reach the Arctic will become more numerous as more ships travel north and more roads are built. More activity also means a greater potential for habitat degradation. And more activity may mean more people, who may increase fishing and hunting pressures. The habitat needs of migratory species, long-range transport of persistent contaminants, global shipping lanes and the geography of ecosystems do not follow political boundaries. Thus, international cooperation is increasingly needed to fully address the conservation challenges that face Arctic biodiversity now and in the decades to come. The recommendations that follow recognize the interconnected and transboundary nature of the challenges to biodiversity conservation in the Arctic and beyond. (Henry Huntington, 2013) The cumulative impact of anthropogenic pressures such as climate change, pollution, and overfishing is of great concern in the polar regions, where marine ecosystems already face extreme environmental conditions (Clarke and Harris, 2003). This situation applies to the Arctic Ocean, where early signs of global warming (ACIA, 2004) and significant levels of persistent bio-accumulating pollutants (UNEP, 2006) are superimposed on local Stressors. Climate change impacts are expected to be greater in the Arctic than in any other region and will result in important socioeconomic changes. For example, future scenarios of climate change predict a reduction of the Arctic ice cover that will certainly lead to a significant increase in ship- ping, with new or enhanced harbour infrastructures and facilities built on Arctic coasts (Brigham and Ellis, 2004). In addition to marine transportation, traditional activities like fishing and hunting, a reactivation of the oil and gas industry in the offsh ore zone, and emergent sectors like tourism have the potential to affect Arctic ecosystems as never before. (Siron et al.,2008) In 1999 was started the development of the Global Environment Facility (GEF) Integrated ecosystem approach to biodiversity and minimize habitat fragmentation in the Russian Arctic. The ecosystem approach doesn’t focus only on the regulation of certain types of fishing, but also ensures that the fishery absent a negative impact on the species associated with the target species or dependent. Given the inherent complexity of the ecosystem approach, it is not surprising that organizations involved in fisheries management, ecosystem usually ignores questions and focus on species, are subject to specific fisheries. In 2002, the World Summit on Sustainable Development (WSSD, Johannesburg) noted that human-induced threats to biodiversity require urgent action, and for achieving progress in the conservation and sustainable use of biodiversity is the ecosystem approach set out in the decisions taken in the framework of the Convention on Biological Diversity. WSSD welcomed in its final document the application by 2010 of the ecosystem approach, noting the Reykjavik Declaration on Responsible Fisheries in the Marine Ecosystem and of the Conference of Parties of the Convention on Biological Diversity. In 2002, the Declaration of the Third Ministerial Meeting of the Arctic Council (Inari) gave a positive assessment of the GEF project Integrated Ecosystem Approach to Conserve Biodiversity and reduce violations of habitats in the Russian Arctic (ECORA) as an integrated ecosystem approach to the management of natural resources, in which individuals and communities improve their ability to make responsible decisions about their natural habitat. In 2004, the Reykjavik Declaration on the Strategic Plan for the Protection of the Arctic Marine Environment (AMSP), it is observed that the basis of AMSP put the ecosystem approach, and there was a call for Member States, working groups of the Arctic Council and relevant regional and international bodies to encourage application of this approach to the Arctic marine environment. The ecosystem approach is the key principle proposed to meet the long-term goals of the Arctic Councils Arctic Marine Strategic Plan: to reduce and prevent pollution, conserve marine biodiversity and ecosystem functions, promote the health and prosperity of Arctic inhabitants, and advance sustainable marine resource use (Arctic Council, 2004). The Strategic Plan for the Protection of the Arctic Marine Environment recognizes the need on the basis of international agreements contribute to global control and reduction of production in the Arctic found dangerous chemicals. Fingalsen T. supposed that the greatest fear in the Arctic is an oil spill. How the petroleum company is going to clean it up, especially from the ice? Twenty years after the Exxon Valdez oil spill, Prince William Sound cannot be perceived as clean. Oil spills might be rare, but it we still don’t know the long term consequences on how an oil spill and seismic exploration affects sea mammals. The petroleum industry might create jobs, but how important is this if it interferes with the way of life of the indigenous peoples? (Fingalsen T, 2009) The Convention on the Conservation of Antarctic Marine Living Resources (CCAMLR) has developed an ecosystem approach to fisheries management. This approach doesn’t concentrate exclusively on industrial species. The main goal is prevent the harmful influence of fishing on the dependent and related species. Unlike other multilateral agreements on Fisheries Convention on the Conservation of Antarctic Marine Living Resources is engaged not only the regulation of fishing, but is also responsible for the preservation of the ecosystem. Such an ecosystem approach, which considers the entire Southern Ocean as a set of interconnected ecosystems, the case for other multilateral agreements on fisheries. The ecosystem approach does not focus exclusively on the species, non-target species. This approach aims to avoid situations in which fishing has an adverse influence on their dependent and associated species (animals with which people compete for food resources). Conclusion Large areas of the Arctic is still relatively little change, which makes it possible to take proactive measures to minimize or even complete prevention of future problems, the elimination which would be very expensive or simply impossible. For the conservation of biological diversity in the Arctic ecosystem approach is needed to the examination of projects implemented here, to assess the possible environmental impact of their implementation, the ecosystem approach to fisheries planning biological resources, taking into account possible changes in climate and ecosystem change, the value of ecosystem functions in the assessment of projects and planning fishing bioresources as well as the choice of options for the development of the Arctic regions. More and more countries (including the Arctic circumpolar countries) will incorporate ecosystem approach into their national legislation and policy instruments for the management of activities and resources in marine areas under their jurisdiction. Optimally, national approaches will be compatible and consistent with each other, though not necessarily similar. Work with this species in the Arctic-wide level will not be easy Reference list Fingalsen T. (2009) Arctic Governance and Human Economic Interest: An Ecosystem Management Approach to Arctic Stakeholders. Bodà ¸ Graduate School of Business, Norway. Fisheries and Aquaculture topics. Fisheries governance. Topics Fact Sheets. in FAO Fisheries and Aquaculture Department [online]. Rome. Retrieved 15 October 2014 from http://www.fao.org/fishery/topic/2014/en. Garcia, S.M.; Zerbi, A.; Aliaume, C.; Do Chi, T.; Lasserre, G. (2003). The ecosystem approach to fisheries. Issues, terminology, principles, institutional foundations, implementation and outlook. FAO Fisheries Technical Paper. No. 443. Rome, FAO. 71 p. Huntington H. (2013) Arctic Biodiversity Assessment: Report for Policy Makers. Conservation of Arctic Flora and Fauna (CAFF). Akureyri, Iceland. Retrieved 20 October 2014 from http://www.arcticbiodiversity.is/the-report/report-for-policy-makers. Kempf A. (2010) Ecosystem approach to fisheries in the European context – history and future challenges. Journal of Applied Ichthyology, pp. 102-109. Michel C. Chapter 14. Marine Ecosystems. Arctic Biodiversity Assessment. Conservation of Arctic Flora and Fauna (CAFF). 2013, Akureyri, Iceland. Retrieved 1 November 2014 from http://www.arcticbiodiversity.is/the-report/chapters/marine-ecosystems. Perelet R. (2006) The ecosystem approach to environmental management and environmental management. Management of the economy, pp. 34 – 50. Siron R., Sherman K., Skjoldal H.R., Hiltz E. (2008) Ecosystem-Based Management in the Arctic Ocean: A Multi-Level Spatial Approach. Arctic, Vol. 61, Supplement 1: Arctic Change and Coastal Communities, pp. 86-102. Shuntov V.P., Temnykh O.S. (2013) Illusions and realities of ecosystem approach to study and management of marine and oceanic biological resources, pp. 3–29.

The School Voucher Debate Essay -- essays papers

The School Voucher Debate In the education community, few issues stir up as much debate as the notion of providing government-funded aid, in the form of vouchers, to parents so that they may send their children to private schools. The voucher movement has been gaining momentum since Wisconsin implemented the first voucher program in 1990, but only few states have adopted such programs. Although the courts have upheld the constitutionality of vouchers, there is still a lack of consensus amongst the public over the issue. The underlying disagreements that surround the issue of vouchers revolve around three main controversies: constitutionality, influence on student achievement, and impact on public schools. The idea of school choice is not a new one. Since the late 1980s school choice has become a popular strategy for â€Å"reforming American education and equalizing educational opportunities† (Hadderman, 2002). School choice is a broad term that is used to describe charter schools, home-schooling, for-profit companies, and vouchers. Parents who wish to select schools for their children do so for academic, religious, or moral reasons, and usually select schools that reflect their own beliefs. The concept of educational vouchers originated with Milton Friedman, known as the grandfather of vouchers, in the early 1960s. Friedman argued that vouchers would improve educational efficiency. Vouchers equal to the per-pupil expenditure in the public schools would be given to parents for the purpose of sending their child to whichever school they wished their child to attend, public or private. In the 1970s it was proposed that â€Å"vouchers be used for students in poor districts to remedy unconstitutional school-funding inequiti... ... community, and will continue to be an issue as more programs develop around the country. References Good, T. L., & Braden, J. S. (2000). The great school debate: Choice, vouchers, and charters. Mahwah, NJ: L. Erlbaum Associates. Hadderman, M. (2002). Trends and issues: School choice. Clearinghouse on educational policy and management. Retrieved March 7, 2005 from http://eric.uoregon.edu/trends_issues/choice/index.html Hanus, J. J., & Cookson, P. W., Jr. (1996). Choosing schools: Vouchers and American education. Washington, D.C.: American University Press. Reid, K. S. (2001, October 3). Poll finds support for vouchers wanes if public schools affected. Education Week, 21(5), 7. Retrieved February 27, 2005 from http://www.edweek.org Vouchers (2005). Education Week. Retrieved February 27, 2005 from http://www.edweek.org

Karl Marx - The Victory of the Proletariat and the Fall of the Bourgeoi

Karl Marx - The Victory of the Proletariat and the Fall of the Bourgeoisie In the Communist Manifesto, Karl Marx writes of the proletariat working class on the verge of revolution due to the overwhelming oppression perpetrated by the bourgeoisie. Marx lays out a sequence of steps, which demonstrate the coming of the revolution, a revolution caused consequentially by the actions of the bourgeoisie. As the bourgeoisie constantly form new ways to revolutionize production, they invariably move toward a consequence wherein the working class discovers its oppression and turns to the only means of change possible, a complete revolution. Marx first discusses the necessity for the bourgeoisie to revolutionize instruments of production, an action necessary for the benefit of their own profit. The owners, who incessantly â€Å"resolve personal worth into exchange value,† (p. 828) attempt to derive new forms of production to minimize the â€Å"callous ‘cash payment’† owed to their workers in order to maximize the surplus of production. This ultimately leads to a great disassociation between the laborers and their product. In Alienated Labor, Marx describes the worker as â€Å"poorer the more wealth he produces, the more his production increases in power and extent,† (p. 791). Since the bourgeoisie undoubtedly wish to maximize the wealth produced by the laborer, their actions inevitably lead to the marginalization of the working class. Searching for cheaper, more effective means of production, the non-workers track down raw material from remote zones, invent new technologies for producti on, and generally separate workers from their own creations. In these ways, the bourgeoisie undeniably alter the relations of production. As Marx said in Alien... .... They have exposed the world of injustice to the proletariat, who will burst asunder the conditions of the times in a new revolution that will bring an end to the bourgeois. In the modern industrial age of Karl Marx, the bourgeoisie perpetually revolutionize the instruments of production, altering relations of production, and most importantly, the relationship of human beings to the rest of society. In this revolutionizing, the bourgeoisie produce greater surpluses, but also their own grave-diggers, alienating the class that will revolt to reclaim their individual identities as human beings. For Marx, this change requires only time, and as the proletariat begin to realize the injustices of their positions in society, they will begin to recognize the necessity for revolution. The victory of the proletariat and the fall of the bourgeoisie are equally inevitable.

Significance of Social and Economic Change in the USA Between 1898 and 1921 :: American America History

Significance of Social and Economic Change in the USA Between 1898 and 1921 Sweeping social and economic reforms that occur in any country at any time are always very significant. In relation to the United States of America (USA) during the period of 1898-1921, it is even more so. This period of time saw remarkable changes occurring both inside the USA, and in relation to the USA and the outside world as it became a global force. After the Spanish-American War, led by President McKinley, American ideologies, basically ignorant, capitalist and isolationist at heart, seemed to shift and do a 180 degree turn. This can be said as being signified by the accession of the political dogma of Progressivism, advocated by the next President Theodore Roosevelt, who believed in a 'Dirigisme' style of government. With Roosevelt came swift economical and business reforms, the Roosevelt coined 'Square Deal' is an example of the reforms he implemented, and the advent of the 'muckrakers', with their campaigns against malpractice in the corporate world and big business monopol istic power. William Howard Taft, the successor of Roosevelt, tried to follow this road with his attempts at reforming tariff protection, but inner party disagreements, and a split, in the Republican camp denied him the chance to do so. As the world, and America, edged closer to the First World War, we see that the United States had significantly revolutionised both socially and economically, especially assisted with the Democrat Woodrow Wilson as President, who reformed the country more than any other. However, as the Great War progressed and after its completion, we see a drastic reversal. A new US stepped out of the war, one where its people wore blinkers for thinking caps. As the era of Communist take-over fears, suffrage for women, prohibition and the 'roaring 20's' neared, isolationism, restricted immigration, and social, civil, and racial unrest had come to the forefront of American society's priorities. This period ended with the introduction of 'laissez-faire' economics, a swift turn-around from usual government methods used in the last 20 years. American society had once again done a 180-degree turn, back to 'normalcy', under the guidance of President Warren Harding. This original form of control and regulation in the country was a way in which the people repudiated all the years of hard work done by the progressives and others in the past in their attempts to make the USA a more friendly, safe, prosperous and free place to live in.

School Lunches

Emma Bennett Master Block 7th 7 November 2012 School Lunches When students buy their lunch in a typical cafeteria, they expect decent, put together meals. Students usually see long lunch lines, hear loud talking, and eat fatty and disgusting food. In the lunch rooms I see unhealthy nasty food that everyone eats every single day. I have seen chili that smells like dog poop, nacho cheese that looks like barbeque sauce that got mixed in. Also the burritos tastes like vomit which was as hard as a rock. School cafeterias need to make more edible food and provide a healthier and more delicious variety of food.School lunches can be delicious but sometimes they can be gross as road kill, and most students regret buying lunch. I have been buying lunch since my freshman year and I have gotten cheese that had a brown tint to it, uncooked pizza, chunky milk and much more. I spend two dollars and thirty five cents daily on lunch at Oakville that you would be able to find in a dumpster. School caf eterias should have a lot of healthy foods like, fruits, vegetables instead of the entire ala carte section. The lunch workers who make the lunch use frozen or canned foods and most of the food that seems appealing cost extra.Therefore, the food that looks and taste good cost more than the food students waste or do not choose to eat. Given these facts the food should be fully cooked and checked. To conclude, Oakville should put out healthier food to eat, and the food should be at a lower cost to buy. Many consequences affect many people like, the students, lunch workers, principles and parents. Students that have gotten sick and have certain allergies to foods that most workers do not realize they have. Yet they have given the students these sicknesses and allergic reactions.My friend has an allergy to wheat noodles and he has gotten noodles that he did not realize that, they contained wheat. When workers are required to wear a hair net students seem to find hairs in their food, whi ch causes them to suddenly not feel hungry. Students getting sick from school cafeteria seems to happen from eating expired foods and sometimes foods that have not been cooked all the way through. I have gotten a slice of pizza that didn’t seem to have the right color to it and it felt like it just came out of the fridge. The results after eating the uncooked pizza was me home with the so called â€Å"flu. To conclude school cafeterias should be putting out sign that show what the foods are made out of and workers should be careful with the foods they give to students. Improvements that can make school lunches healthier and less disgusting is including healthier foods. Schools should have different types of lunch lines such as specific lines for vegetarians and different parts of a lunch. For example, students who just want to buy one item can easily get in line and buy. However the amount of lunch lines at school is not enough, there are too many students that cut in front of other students because the lunch lines are way too long.Our school should add more lunch lines that way everyone can have enough time to eat their lunch. Schools should make more accurate serving sizes instead of giving to much or not giving enough. Some students get too much food and what they do not eat ends up in the trash. Students who do not get enough food have to go back in the lunch line and buy more food. Schools need to listen to the complaints about lunch that way they can figure out a way to make the school lunches better. So school principles and lunch workers need to follow the guidelines of the students because the students know what is best for them.Several students do not agree that our school lunches are not healthy, however they are the kids that are a little over weight. Some students believe our lunches are perfect and should not be changed into healthier food. Our lunches do not have the correct amount of serving sizes and they do not have enough nutrients i n the food. Lunch lines are perfect and they go by fast and not many people cut in front of you. Lines are longer because too many people cut and I have been late to class because I have not had enough time to eat lunch.Students can argue about our lunches as much as they want but our school lunches need to change. Lunches at school need a huge change and many students and principles do not realize they are so unhealthy. Schools should include more fruits and vegetables no more sugars, no more fatty foods. More students are eating lunches which gives them a chance of diabetes and are gaining more weight everyday from eating unhealthy school lunches. Schools need to listen to students guidelines and help prevent diabetes and being overweight. School Lunches The lunch menu of Meadow Oaks Academy consists of turkey and noodles, two salads, macaroni and cheese, turkey meat loaf, sloppy Joes, chicken enchiladas, fish sticks, spaghetti of meat sauce, baked chicken, hamburgers, beans of hen, Spanish rice and beef toast, hamburger buns and hot dog buns. Mixed fruits, apples, bananas, peaches, Mandarin oranges and pineapples are the fruits that are provided. They are also provided a variety of vegetables like spinach, broccoli, green peas, baked squash, carrots, sweet potatoes, corn, mashed potatoes etc. as well as mixed vegetables. In addition to this there is whole milk too in the menu. Achiger Elementary school provides fiesta nachos, pepperoni pizza, chicken tenders, beef and pasta casserole, soft taco, crispy chicken wrap, breaded beef patty, breaded chicken on bun, hamburger, corndog, cheese dippers, fish sticks, toast hamburger buns and hot dog buns. Fruits consist of pineapple chunks, Mandarin oranges, pears, fruit cocktail, chilled peaches and orange slices. Vegetables that are provided to the children are sweet corn, green beans, broccoli of cheese, baby carrots, peas etc. The milk is strawberry and / or chocolate flavored. Desserts include ice creams, gelatin, apple sauce, frozen fruit treat and cookie. Chips are offered twice a month. After analysis I feel that comparatively, the lunch menu of Meadow Oaks Academy is better than that of Achiger Elementary school. This is because Meadow Oaks Academy pays more attention on the heath and nutrition aspect of the children and this is why the children of that school are not allowed any sweets or food items that are high in sugar. This school also provides unflavored whole milk whereas the Achiger Elementary school provides strawberry or chocolate flavored milk. It was observed that the chocolate flavored milk is popular amongst the children of the school as a result they are consuming more sugar than the Meadow Oaks Academy. The Achiger Elementary school makes the fruit section a lot more attractive by providing varieties like fruit cocktail, chilled peaches, orange slices etc. Thus, the Achiger Elementary school scores high in the presentation and variety quotient whereas the Meadow Oaks Academy scores high on the health quotient. It provides ten percent butter in vegetables, and the vegetables are steamed unlike the vegetables of Achiger Elementary school which are canned and frozen. However, the vegetables of Achiger Elementary school do not have any butter at all. It should be noted that main course of both the institutions are more or less on equal level.

Brandon Berry Essay

Love is not just â€Å"I like him/her, marry each other, and then lives together. † The ancient Greeks broke down love into four types: I will attempt to distinguish the differences between these four types of love. The first type of love I am going to discuss is Eros, known as â€Å"earthly or sexual love† (2005). Eros is known as the â€Å"erotic† love, or romantic love. It is the love felt between two people that are â€Å"in love† with each other. The second kind of love is Philia, a â€Å"love of the specified thing† (2001). An easy way to remember this is to think of the word â€Å"Philadelphia†, which is known as the city of brotherly love. It is not sexual in nature. This type of love, however, can be lost due to time, distance, and something as simple as disagreement. It consists of loyalty to your friends, family, and community. Friendship is the basis of any successful relationship, whether it is marriage, a boyfriend/girlfriend, or a relationship with a co-worker. Because Philia love is mutual, it is separated from Eros. The third type of love is Storge love. This love â€Å"is demonstrated when people use expression describing something they enjoy doing or seeing† (2009). Examples of this type of love would be a love one has for work, reading, sleeping, ice cream, etc. Agape means â€Å"love† in modern day Greek. This is a â€Å"selfless love† (2009). â€Å"The Christian church identifies Christian love with agape, and includes charity, tolerance, and respect within the term. † (2009). Agape is the most spiritual type of love and is a sacrificial love in which nothing is returned. Love is an essential element to human life. â€Å"What is love? † Undoubtedly, this is a question that has been asked countless times, and answered in countless ways. I believe each person has their own individual idea about love and its nature; the power and pain, unconditional and true. References Eros. (2005). In The Macquarie Dictionary. Retrieved from http://www. credoreference. com. library. capella. edu/entry/macqdict/eros Love. (2009). In The Hutchinson Unabridged Encyclopedia with Atlas and Weather guide. Retrieved from http://www. credoreference. com. library. capella. edu/entry/heliconhe/love Philia (2001). In Chambers 21st Century Dictionary. Retrieved from http://www. credoreference. com. library. capella. edu/entry/chambdict/philia

Crystal Edge Restaurant Essay

Type of Business Crystal Edge Restaurant is a sole trader venture that is owned and operated by Miss Jheneal Hall. She is responsible for the daily running of this restaurant, any profits or losses or any problems that the business encounters she is held accountable. Crystal Edge Restaurant will provide exquisite fine dining services to both local residents and tourists who visit the busy area of New Kingston. Other individuals from other areas are also welcomed to dine over high quality meals. The main objective here at Crystal Edge is to ensure that persons dine over healthy foods, in a nice clean friendly environment with an essence to feel home away from home. Our mission statement is â€Å"To ensure that each guest receives prompt, professional, friendly and courteous service. To maintain a clean, comfortable and well maintained premises for our guests and staff. To provide at a fair price – nutritional, well-prepared meals – using only quality ingredients. To ensure that all guests and staff are treated with the respect and dignity they deserve. To thank each guest for the opportunity to serve them. By maintaining these objectives we shall be assured of a fair profit that will allow us to contribute to the community we serve.† Justification of Loctaion Crystal Edge Restaurant is located in the commercial area of New Kingston at 4-6 New Kingston Shopping Centre. The restaurant is located here for several reasons: * Because of the large number of individuals that come here to shop and work, so therefore it is worth starting up a business in this vicinity because we see where profits can be maximized. * Another reason for the selection of this location is that it is accessible and safe for customers. * The government provides tax relief for restaurants operating in this area Selection of Appropriate Labour The type of labour necessary at Crystal Edge Restaurant is unskilled labour. The restaurant will need a total of nine (9) employees. The employment process will be done with aid of applications forms and resumes and the nine employees that will be selected will have different roles to play to make Crystal Edge Restaurant a success. The restaurant will need a head chef, an assistant chef, three waitresses, two janitors and two cashiers. The head chef which is also the owner plans and prepares the meals with the assistant chef to help in the preparation of meals also. The three waitresses will work extremely hard on a daily basis to ensure that the customers’ orders are taken and the food is delivered to them and also cleans the tables after other customers have finished dining. The janitors are responsible for cleaning and sanitizing the kitchen and dining area to ensure a clean and healthy environment and lastly two cashiers that cash the orders taken and give a printed receipt. This type of labour is necessary because it is an inexpensive way of accomplishing production and service goals without raising consumer costs. Sources of Fixed and Working Capital My sources of fixed and working capital are funding all my savings and a loan from the commercial bank. Some examples of fixed assets that will be bought are equipment, furniture’s, dishes, glassware, silverware and cookware’. working capital is defined as raw material, money and other items that are used up in the day to day running of the business or the goods that are constantly being used up in the business in it daily operation . Some examples of working capitals are the food inventory, supplies, and worker’s wages and salaries. Role of the Entrepreneur The entrepreneur is optimistic and future oriented; I believe that success is possible and I’m willing to risk my resources in the pursuit of profit. I’m fast moving, willing to try many different strategies to achieve my goals of profits. And I’m flexible, willing to change quickly when I get new information. The entrepreneur is also needed to invest skills and management abilities to promote production. Three functions of the entrepreneur are: * Entrepreneur initiates the business activity Meaning the entrepreneur has to start the business activity by preparing a proper plan. The plan should deal with the type of goods and services to be produced, sources of raw material and credit, type of technology to be used, the markets where the products can be sold, etc. The plan should be detailed one covering all the aspects of the business * Entrepreneur is the decision maker The most vital function an entrepreneur discharges refers to decision making in various fields of the business enterprise. He is the decision maker of all activities of the enterprise. * Managerial Function: Entrepreneur performs a variety of managerial function like determination of business objectives, formulation of production plans, product analysis and market research, organisation of sales procuring machine and material, recruitment of men and undertaking, of business operations. The entrepreneur also undertakes the basic managerial functions of planning, organising, co-ordinating, staffing, directing, motivating and controlling in the enterprise. Type of Production Crystal Edge is involved in primary production. Primary production can be described as extracting raw materials from the earth. We are involved in this type of production because we produce breakfast, lunch and dinner on a daily basis, so it is inour best interest to grow our natural foods such fruits, vegetables and some spices to also reduce expenditures on imports on help to stop global warming. Levels of Production Crystal Edge production will be for the domestic market. Meal will be prepared and served to local residents as well as tourist who visit the New Kingston area at reasonable and affordable prices.

Advertising and the construction of Violent White Masculinity Essay

The article â€Å"Advertising and the construction of Violent White Masculinity† points to the controversy of violence and media. It emphasizes that the mainstream debate about media and violence does not emphasis or analyze the most important aspect, namely gender. Katz states that the media illustrates a wrong image of individuals committing crime by calling them ‘youth’ crimes or ‘kids’ love. He believes however that the reason why crime is committed 90% by males is due to the masculinity emphasized in our society. He also mentions that there is lack of attention on criminals from majority groups such as Whites but an emphasis by crime conducted by minority groups. The article suggests that research has avoided to explicitly specify the relationship between masculinity and violent behavior by white men has been avoided in research.Katz believes to be able to illustrate some ways to display the hegemonic construction of masculinity that is present i n mainstream magazine ads and how these ads help to normalize violent male behavior. Katz suggests that one way violence is normalized is through the movie industry which shows white males engaging in violent actions without being depicted as villains. Moreover, they are regarded as heroes. The boom of the movie industry collided with the instability that was created economically for the White middle-class population. The heroes of the movie industry served as role models enabling the male white population to gain stability with masculine power through size and strength. According to Katz the physical body was the only way to obtain dominance and control for those who did not have economic resources to achieve manhood. Katz mentions another way our society tries to normalize violence in the white middle class, namely through advertisements. As Katz writes the ads are full of depictions of dangerous looking men. He points out the bidirectional relationship between advertisements and other socially accepted events such as sports and movies. Advertisements are filled with dangerous looking violent sports men or movie stars and on the other hand the movies or sports events display ads containing the same violent men, enhancing the impact these ads have on the white middle class. The other reason why the media exhibits the violent man is due to the decline of gender differences. Differences between males and females became more rigid. Men needed a way to differ from women, this was possible with becoming more identical with violent behavior. This is where violence becomes justified especially  against women as only a means to represent masculinity.Katz examines further the nature of ads regarding violence and masculinity. As he writes there are specific premises that are represented in ads about masculinity and violence. The first one is the notion that violence is genetically programmed male behavior. This notion is justified by ads showing historical events that were lead by powerful and violent and dangerous men. Some ads also show scenarios that involve violence against other ethnic groups or women. The second premise is concerned with the military and sports that are another source of masculinity. Uniformed soldiers and players are used in different kinds of ads. Using athletes or soldiers for these products, advertising creates the idea that using the advertised products will not decrease masculinity. The third point is the identification of muscularity with masculinity. Muscles are equated masculinity and power. Physical fitness becomes a major way for white men to keep their masculinity. Finally there is the notion of heroic actions being equal to violent masculinity. Movies play a very important role in illustrating this equation. One other significant point is that movies no only justify violence but also glorify violence.

Four decision issues managers faced when filling up their performance Essay

Four decision issues managers faced when filling up their performance review forms - Essay Example In order to minimize this problem, managers should be required to give their specific reason for the grades and evaluation. Through this, managers will be able to see that performance reviews should generally give an accurate overall performance of the employee. This will also enable them to see that their interaction with the employee is far outweighed by the way these customers deliver value for the organization. One of the most prevalent dilemmas in performance reviews are the managers perception of that this is a one-time annual reporting of how the employees fare. This hinders the management to give an accurate assessment of the employee under consideration as the manager may only note how the worker performs for the past month of two. In order to avoid this, managers should "invest time to give a day-to-day scorecard on individual qualitative and quantitative performance feedback impressions to employees on a day to day basis" (Heskett, 2006). Managers will be required to maintain a record of how their subordinates perform daily. This will be tallied every month in order to make it easier for employs to give a generalized assessment at the end of the year. Managers don't often recognize that the

Gap Analysis Assignment Example | Topics and Well Written Essays - 1000 words

Gap Analysis - Assignment Example Currently, Motorola has been on a declining verge for its total assets, operating income, revenue sales, and profitability (Motorola Solutions Inc., 2014). These outcomes have been noted by analysts to be the outcome of a collective set of organizational inadequacies which have been within the ranks of the organization for several years now (Literral, 2008) As a corporation which once used to be a global leader and strong competitor in the mobile phone industry, the desired state of Motorola was for it to continue recording growth both in terms of market capitalization and market size. The rationale for this positioning is that as an advantage of globalization, the use of modern technological tools such as mobile phones in transacting basic businesses and commerce has been increasing tremendously. This has given room to several companies in the mobile phone industry which did not use to be known as major global firms to take advantage to strategically grow and expand their business horizon (Literral, 2008). Based on the business principle of brand equity therefore, it was expected that Motorola would continue to compete effectively in this industry rather than be heard in the news for most appalling reasons that it has currently been heard for. As noted by Chau (2008), performance outcomes within organizations are a process rather than an event. What this implies is that the variables and factors that lead to an organization recording a certain level of performance is not something that happens overnight. Rather, it happens as a gradual process that is achieved through the collective efforts of all human resource within the organization. In the case of Motorola, most experts have blamed the current state to performance deficiencies that have come about as a result of poor innovative reasoning by employees (Literral, 2008). As the mobile phone industry is at the center of the

Arena Chapel Essay Example | Topics and Well Written Essays - 1750 words

Arena Chapel - Essay Example The collection and distribution of money in order to obtain a profit, or usuring, was a very serious sin during this time period. Scorvegni thus more than likely had the chapel made in order to atone for his father's crimes. This was a way for Scorvegni to regain his family's name and thus to cleanse himself of anything his father may have done in the past. This can best be displayed by Scorvegni's dedication of the chapel in part to Santa Maria del Carita de Arena, the Virgin of Chastity, to try and remove the greedy stamp that had been applied to the family. Furthermore, within the Chapel itself, the sin of usury can be viewed in several of the chapel's frescoes. Perhaps the most powerful vision of this present in the chapel is the picture of Judas accepting money to betray Christ. Another picture displaying this image depicts Christ banishing the Temple merchants, and the addition of the usurers being hanged in Hell from their money bags. Scorvegni thus made a serious attempt to l et others know that he did recognize the sins of his family as serious ones. Scrovegni's development of the chapel was meant to be viewed as a reflection of his piety, and his atonement for the sins of his father. He was also following in the footsteps of the practice of the time, for several wealthy merchants had chapels constructed within their palaces. This seems to present us with a bit of conflict of motivation for the chapel's creations, which is also reflected in some of the chapel's pictorials: Among the factors that relate specifically to Enrico Scrovegni are a possible desire to expiate his father's usury and at the same time to make his own expenditure conspicuous; an ambition for status combined with a fear of damnation; a desire, on the one hand, to be regarded as an ascetic devoted to the cult of the Virgin, and, on the other, to secure for himself a fitting property to serve as his personal monument. (Norman 92) It appears quite possible that the Chapel was consecrated on March 25, 1305, during the Feast of the Annunciation (Norman 92). The first reference to the Arena Chapel was discovered in the poem The Documents of Love composed by Barberino. The poem alludes to Envy which "Giotto painted excellently in the Arena at Padua." Envy is just one figure of sins and vices found on the walls of the chapel. The chapel is a very interesting composition that tells a story within the cycle of its frescos. The cycle of the pictures displays the story of the Life of the Virgin as well as the Life of Christ. The presentation of the Virgin's story seems highly significant since the chapel itself is dedicated to the Virgin. Another interesting part of the chapel's dedication is the area reserved for the Virgin of the Annunciation, which also helps to contribute to the Annunciation on the Chancel Arch. The frescos here represent the end of the story of the Virgin and the beginning of the story of Christ (Cole 98). The story starts on the higher level on the south wall, with Joachim and Anna, the parents of the Virgin. The story then progresses from east to west. Viewers first see the Expulsion of Joachim from the Temple and the finale of this occurrence, when Joachim and Anna discover each other at the Golden Gate.

Ethical Issues of Ewe v. Cloth Essay Example | Topics and Well Written Essays - 500 words

Ethical Issues of Ewe v. Cloth - Essay Example The fact that Dr. Cloth was a General Practitioner and not an Oncologist is one important consideration in this case. Doctors are human beings and do make mistakes without intending any harm to their patients. If Dr. Cloth diagnosed Mrs. Ewe's lump in good faith and believed his diagnosis to be correct, it is easy to see how utilitarianism is attached to his actions. Another reason why it can be said that Dr Cloth adopted the ultilitarianism ethical principle is that he informed Mrs that her lump was beign, perhaps choosing to silence her fears instead of letting her face the truth. It is a known fact that cancer kills a millions of people, especially women. His actions of acting out his own human compassion is a very clear indication that DR Cloth acted with beneficence towards Mrs Ewe. It is clear that it would have been more professional for him to advice Mrs Ewe to seek a second opnion. However this case in terms of ethical principles is not cut and dry. Dr Cloths intentions do not show any igns of being maleficence. It is without a doubt that his actions have caused some serious harm, however they were not intionally evil. Arguably one might assume that

Idea of translation and related issue Essay Example | Topics and Well Written Essays - 1250 words

Idea of translation and related issue - Essay Example That is why there is such an aspect as a misunderstanding or not understanding of the spoken or heard information. As the practice shows, such a thing as a pure translation is impossible. In any case there are some contributing factors such as the existence of opinions or attitudes to what is translated or interpreted by the person who translates, even some ethical or political reasons with the intention to influence the person who is aimed to hear the message, and so forth. So let’s see how the issue of translation is considered by different scientists – Emmanuel Levinas, Karl Marx in the context of the theme of colonialism and translation and whose ideas and statements are supported by Dr. Suh and whose ones are denounced by him. To begin with it is necessary to admit that both translation theories of Emmanuel Levinas as well as Karl Marx are linked with each other as the first one serves as a basis for the existence of the second one. We will start with Levinas who is well-known by his critics of the tradition of Western philosophical though. According to him â€Å"The sociality of language (or dialogue): cannot be reduced to the exchange of ideas between those who share the same ground of understanding and belong to the commonness† (Suh). So the theory of Levinas’s translation is attached with the main theme of ethical and political practice with the concepts of the â€Å"self† and the â€Å"other†, that is, â€Å"the problem of politics comes up because there are multiple others in the world† (Suh). Another important part in realizing of Levinas’s theory of translation is his concepts of the â€Å"saying† and the â€Å"said† – â€Å"The key t o connecting Levinas’s ethics to actual politics is understanding the relationship between saying and the said† (Suh). In other words, the â€Å"self† and the â€Å"other† have almost nothing common between them that’s

Pain Essay Example | Topics and Well Written Essays - 250 words

Pain - Essay Example Pain is a sensation which is prompted by the nervous system and it can be helpful in diagnosing a health issue.   In some instances, it can be described as sharp or dull, prolonged or acute, localized or systemic pain.   Without the sensation of pain, a person might be seriously injured or ill without knowing it (Medline Plus, 2011).   There are various sources of pain: nociceptive and neuropathic pain.   In nociceptive pain, the nervous system is working well and the body tells the brain that there is a source of pain, such as an injury or a cut; in neuropathic pain, the nervous system is not working properly because there may be no apparent source of pain, but the body is still telling the brain that an injury is present (Helm and Shiel, 2011).   In terms of length of time that pain is experienced, pain may be considered acute or chronic.   Acute pain may be related to trauma or injuring agents like biological, physical, and psychological agents.   It may be sudden or slow in onset and be mild or severe in intensity with duration of less than 6 months.   The patient may verbally report pain sensation and manifest with observed symptoms of pain, including protective gestures to avoid pain, changes in muscle tone, restlessness, moaning, crying, and irritability (Nurse Blog, 2009).   Chronic pain is known to represent the disease itself.   It may be environmental or psychological; may persist over a long period of time and be resistant to medical treatments (Medicine.net, 2011).   Interventions for pain relief include: anticipate the need for pain relief; respond immediately to pain complaint; eliminate additional stressors or sources of discomfort; provide rest periods for sleep and relaxation; determine pain relief with the assistance of doctors though NSAIDS, opiates, and local anesthetic agents.   Apply non-pharmacologic pain relief strategies, including: guided imagery, distraction techniques, relaxation techniques, and biofeedback ( Nursing Care, 2010).   It is also important to coordinate with the physicians for the relief of chronic and severe pain.  

Impact of Technology on Individuals and Society Essay

Impact of Technology on Individuals and Society - Essay Example Since human beings apply technology in everyday life, it has led to the emergence of impacts to individuals as well as society. Such impacts have been either positive or negative and have had a significant influence in human life. Therefore, the paper discusses such impacts in detail and thus enlightening society and individuals. With the inventions and innovations of social sites, individuals learn more about different people with relation to culture, practices, and religion of individuals in the environment. For instance, individuals can learn about Chinese culture, Indian culture, or even Japanese cultural practices without having to visit such geographical regions or have face-to-face communication with people from those cultures (Benchmann, Decker, Fiedeler & Krings 2). This knowledge enhances understanding and peaceful coexistence among individuals. The introduction of new and advanced technologies such as telephones, internet, TVs, Radios have ease communication and made it effective irrespective of distance or time barriers. Individuals now efficiently communicate with one another through emails, Facebook, Google+, phone calls, as well as short message services (Hollon 1). Moreover, technology has enabled individuals to share ideas, information, and news very quickly with little effort as compared to the older times. This has made life simple, easier, and enjoyable due to lack of communication stresses. The invention and adoption of technological tools, software and machines such as computers, the internet and search engines like Yahoo and Google have created opportunities for learning (Hollon 1). As compared to the olden days, an individual in the contemporary world finds learning easier and simpler due to the presence of internet search engines. For example, students can now conduct research on any topic by searching for information pertaining to the

Elements Of Property Offences In UK Essay Example for Free

Elements Of Property Offences In UK Essay INTRODUCTION In most societies today, property offences have become prevalent in most courts of law. There have been cases of property offences here and there in most countries of the world. United Kingdom is not exceptional when it comes to the issue of property offences; therefore, in this seminar presentation a succinct or close examination of property offences in the United Kingdom shall be the focus of our discussion. This will prepare the young and potential layers in colleges for their impending mock law examination. Thus, this paper is a pathway to success in the area of criminal law, as it will broaden the horizon of students stressing in criminal law, particularly in the area property offences. AN OVERVIEW OF PROPERTY OFFENCES   Ã‚   There are wide varieties or kinds of property offences under both the common law and the statue law as initiated by the parliament. Understanding of what is term common law becomes imperative here; the common law is the law which has been built up by judges making decisions over centuries. We refer to the judges’ law as â€Å"precedents†, which it is offer called in most courts today. Like the case above, understanding of property offences; the main statue law passed by the parliament of New South Wales which deals with property offences is the crimes Act 1900, which has been amended by the parliament many times since it was enacted. Property offences thus involve extremely complicated relationships between the property itself, whose property it is and whether or not it is in someone’s possession, and what relationship or understanding there is between the accused and the victim about the property. It is therefore very important to take cursory examination of the various issues that can arise from property offences. This will provide enough insight and information to a better understanding of property offences. The most common offences are larceny, receiving and malicious damage, which shall be treated below. It is an offence under the Crime Act of 1900 in New South Wales to commit larceny. Thus the maximum penalty for such given by the statute is 5 years goal. The meaning or elements of the offence of larceny are governed by the common law, or judge-made law, which have built up over the years with judicial decisions. The elements of the offence of larceny are well established and have been summarized thus. A person must without the consent of the owner, fraudulently and without claim of right made in good faith, take and carry away, anything capable of being stolen, with intent at the time of such taking permanently to deprive the owner of that property. As shown here, each of these elements contain facts which would have to be proven beyond reasonable doubts by the prosecution for the offence to be proved in court. A typical example is that if a person walks into a shop and takes a bag of rice from and walks out intending to keep the bag of rice for himself or herself, and without any permission or right to do so, that person is guilty of larceny. Shop lifting is the most common form of larceny. However, if the facts are charged straightly, the prosecution cannot succeed. This means that if the person who took the bag of rice does not intend to permanently deprive the owner of the rice, then he does not commit larceny. If the bag of rice actually becomes to the person because he or she paid for it in the shop earlier that day and left it in the shop to be collected later, then there is no case of larceny because the person a claim of right and ownership. The variations on the facts are many and every case is haled depending on its own facts in the law court. ACTUS REUS AND MENS REA The actus reus-sometimes called the external element of a crime is a Latin term for the guilty act which, when proved beyond reasonable doubt in combination with the mens rea, i.e. the â€Å"guilty mind† produces criminal liability in common law-based on criminal law jurisdiction of Canada, Australia, New Zealand, England, Scotland, and the United States. According to Allen, Michael â€Å"In criminal law, mens rea—the Latin term for â€Å"guilty mind† is usually one of the necessary elements of crime. The standards common law test of criminal liability is usually expressed in Latin phrase; actus non facit reum nisi mens sit rea, which means that the act does not make a person guilty unless the mind is also guilty†. Thus in jurisdictions with due process, there must be an actus reus accompanied by some level of mens rea to constitute the crime with which the defendant is charged. In this sense, mens rea refers to the mental element of the offence that accompanied the actus reus. In some jurisdictions, the terms mens rea and actus reus have been superseded by alternative terminology. However, there are four general classes of mens rea which its words may vary from one state to another. These include (1) intention (2) knowledge (3) Recklessness (4) negligence. A GENERAL INTRODUCTION INTO THEFT BY THEFT ACT 1968, ROBBERY – S. 8(1) The Act 1960 (1968c. 60) is an act of the parliament of the United Kingdom, governing most of the general property offences in English law. On 15 January 2007, the Fraud Act 2006 came into force, repeating most of the offences f deception. Historically, the Theft Act 1960 resulted from the efforts of the Criminal Law Revision committee to reform the English law of Theft. The Larceny Act 1916 had codified the common law, including Larceny itself, but it remained a complex web of offences. The intention of the Theft Act 1968, was to replace the existing law of larceny and other deception related offences, by single enactment, creating a more coherent body of principles that would allow the law to evolve to meet a new salvations. The Act was assented to on July 26th, 1968. To understand Theft by Theft Act, the basic definition of theft itself becomes imperative. THEFT; DEFINITION In the criminal Law, theft (also known as stealing) is â€Å"the illegal taking of another persons property without that person’s freely-give consent. As a term, it is used as shorthand for all major crimes against property, encompassing offences such as burglary, embezzlement, larceny, looting, robbery, mugging, trespassing, shop lifting, intrusion, fraud (theft by deception) and sometimes criminal conversion†. Theft is offer considered to be synonymous with larceny. In this work, theft has replaced larceny. Therefore, someone who carries out an act o for makes career of theft known as a thief. Therefore, a person shall be guilty of theft if he dishonestly appropriate, property belonging to another with the intention of permanently depriving the other of it. DETAILS OF THEFT TO THEFT ACT 1968 THEFT ACT 1968, AGGRAVATED BURGLARY. ROBBERY = P. A person is guilty of robbery if he steals, and immediately before or at the time of doing so, and in order to do so, he uses force on any person or puts or seeks to put any person in fear of being there and there subjected to force. This means in a clear and simple term that the victim of such robbery is subjected to either physical or mental torture. This is a strategy employ by the robber to accompany his / her mission. In this case, a typical example is relevant. Take for instance, Mr. Johnson and Alfred entered a hotel with a gun and shot to the air to intimidate the customers and the workers, collected monies and other valuables from them, on their way out of the hotel, they were caught by the alerted patrol team of the police, in this situation Alfred and Mr. Johnson are guilty of robbery. A person guilty of robbery or of an assaults with intent to rob, shall on conviction on indictment be liable to imprisonment for life. This should be the case of Alfred and Mr. Johnson exemplified above. BURGLARY A person is guilty of burglary if: He enters any building or part of a building as a trespasser, he steals or attempts to steal anything in the building or that part of tit or inflicts or attempts to inflict on any person therein any grievous bodily harm. The offences referred to in sub-section 1(a) above are offences of stealing anything in the building or part of a building in question, of inflicting on any person therein any grievous bodily harm or (raping any person therein, and of doing unlawful damage to the building or anything therein. iii.  Ã‚  Ã‚  Ã‚   A person guilty of burglary shall be on conviction on indictment be liable to imprisonment for a term not exceeding; Where the offence was committed in respect of a building or part of a building which is a dwelling fourteen years; In any other case, ten years. References in subsections (1) and (2) above to a building, and the reference in subsection (3) above to a building which is a dwelling, shall apply also to an inhabited vehicle or vessel, and shall apply to any such vehicle or vessel at times when the person having a habitation in it is not there as well as at times when he is. A good example of a person who seems to be guilty of burglary is established thus; Mr. Ali broke into Mr. John’s room, while he is away in Germany, on leaving, the security caught him, and dragged him to the court; John Mr. Ali’s action, he is guilty of burglary and is liable to face the charges and all the penalties. OBTAINING PROPERTY BY DECEPTION. S. 15    Any property acquire without the consent of the own through any form of dubious means is said to be a crime. Take for instance, it a vehicle is taken with the consent of the owner, it is said to be legal, however when consent if ignored, it is then said to be deception. Another good example is when one put up a force identity to hire a car. This overlaps with the 15 offences of obtaining property or services by deception. Taking by force may be robbery when defendant did not intend the victim to recover the car at all or so seriously damaged that it amounts to theft. It the evidence is insufficient for theft, the alternative charges are aggravated vehicle taking or blackmailing under S21. â€Å"Note that S12 (7) protects the interest of people hiring or buying under a hire purchase agreement deeming them to be the owner for the purposes of S12†. http.//en/wikipedia.org/wiki/IWOCH/ without the consent of the owner. AVERSION OF LIABILITY BY DECEPTION UNDER S.2 – D THEFT ACT 1979 Forgery is the process of making or adapting objects or documents 9see false document), with the intent to deceive. The similar crime of fraud is the crime of deceiving another including through the use of objects obtaining through forgery. Copies, studios replies, and reproductions are not considered forgeries, though they may later become forgeries through knowing and willful misattributions. In the 16th century imitators of Albrecht Durer’s style of print making improved the market for their own prints by signing them â€Å"AD†, making them forgeries. In the 20th century the art market made forgeries highly profitable. There are widespread forgeries of especially valued artists, such as drawings meant to be by Picasso, Nee, and matisse. This usage of â€Å"forgery† does not derive from metal work done at â€Å"forge†, but it has a parallel history. A sense of â€Å"to counterfeit† is already in the Anglo-French verb forger â€Å"falsify†. Forgery is one of the techniques of fraud, including identity theft. Forgery is one of the threats that have to be addressed by security engineering. A forgery is essentially concerned with a produced or altered object. Where the prime concern of forgery is less focused on the object itself – what it is worth or what it proves† – than on a tacit statement of criticism that is revealed by reactions the object provokes in others, then the larger process is a hoax. In a hoax, a rumor or a genuine object â€Å"planted† in a concocted situation, may substitute for a gorged physical object. OBTAINING A MONEY TRANSFER THROUGH DECEPTION Obtaining a money transfer by deception (1) alter section 15 of the (1968 c. 60) theft Act 1968 insert – â€Å"is a obtaining a money transfer by deception A person is guilty of an offence if by any deception he dishonestly obtains a money transfer for himself or another. A money transfer occurs when – a debit is made to one account a credit is made to another account the credit results from debit results from the credit References to a credit and to a debit are to a credit of an amount of money and to a debit of an amount of money. It is immaterial (in particular) – whether the amount credited is the same as the amount debited whether the money transfer is effected on presentment of cheque or by another method whether any delay occurs in the process by which the money transfer effected. Whether any intermediate credits or debits are made in the course of the money transfer. Whether either of the accounts is overdrawn before or after the money transfer is affect. A person guilty of an offence under this section shall be liable in conviction on indictment to imprisonment for a term not exceeding tem years. 15 B section 15A: supplementary (1) the following provisions have effect for the interpretation of section 15A of this Act. â€Å"Deception† has the same meaning as in section 15 of this Act. â€Å"Account means an account kept with – a bank or a person carrying on a business which falls within subsection (4) below A business falls within subsection if – in the curse of the business money received by way of deposit is lent to others; or any other activity of the business is financed wholly or to any material extent, out of the capital of r the interest on money received by way of deposit. For the purpose of subsection (4) above – all the activities which a person carries on by way of business shall be regarded as a single business carried on by him; and â€Å"money† includes money expressed in a currency other then sterling in the European currency unit (as defined in council regulation N. 3320/94/EC or any community instrument replacing it†. Nothing in this section has effect in relation to anything done before the day on which this act is passed. Dishonesty retaining a wrongful credit (1) after section 24 of the theft Act 1968 insert – 24 a dishonestly retaining a wrongful credit (1) A person is guilty of an offence if – a wrongful credit has been made to an account kept by him or in respect of which he has any right or interest. He knows or believes that the credit is wrongful; and he dishonestly fails to take such steps as are reasonable in the circumstances to secure that the credit is cancelled. References to a credit are to a credit of an amount of money. A credit to an account is also wrongful if it is the credit side of money transfer obtained contrary to section 15A of this Act; The few sited examples should do as they have clearly established the meaning of deception in the case of money transfer. Conclusively thus, this piece of work is a pathway to a great success in the area of criminal law in relation to students who are preparing for their mock examination. In this regards, the student of criminal law, at the end this seminar paper presentation will be sure that they won’t be ridiculed by any kind of question that might likely confront them. Thus, this paper is a total and holistic review of Theft by Theft Act of 1968 under the U.K criminal law. The paper thus is an eye opener to the students as many thing, would become quite clear to them. REFERENCES Allen Michael (2005) Criminal Law. Oxford. Oxford University Press. //en.wikipedia.org/wiki/TWOC without the content of the owner.

Initial Public Offerings Essay Example for Free

Initial Public Offerings Essay Primary private companies, who desires to go public or in other words decides to be listed in the different stock markets to raise capital, must first undergo a process called Initial Public Offering or IPO (Investopedia, 2008). This method has been widely popular and it goes to say it has its own shares of controversies as well. Especially from what was experienced during the 1990s on the dotcom crash, in which a lot of investors bought Initial stocks from companies even without a track record of operations and a feasible plan for profit (same as Investopedia, 2008). Now another Online firm plans to go public, it is the popular program Skype whose main features are online video and audio call conferencing. This could be a good idea, from a sales standpoint since Skype has been earning revenues for its parent company Ebay even before the latter has decided to treat it as a stand-alone company due to its limited synergies with Ebay’s core activities which basically are Online commerce auction site and Paypal Online payments system   (Stone, 2009).But if Skype will really go public, it could most probably used the same online method applied by former online firms: Google and Morning star which is the online auction approach. This essay will attempt to justify the consideration of Skype to go public. It will also analyze what particular type of Initial Public Offering (IPO) it may apply. We will also go in detail to assess what type of investors that Skype would most possibly attract. This study will also provide background on the lessons learned from previous online industries who went Public and used the auction approach as its method for IPO.As part of the types of methods for IPO offering, we will finally discuss potential costs and risks of each to have a better understand which method would be appropriate for a specific firm like Skpe. Skype going Public Ebay’s President and CEO could be right by the decision of treating Skype as a subsidiary company due to its function and future revenue potential if provided with the right amount of capital to work with. Skype historically, has been a consistent top performer in terms of revenue generation since its early inception. From 2007, Skype posted a significant increase of 44% to a tune of   $551 million, and segment market margins is at 21% which is also another big leap of 47% from 2007, and the projection of a total revenue for 2011 for $1 Billion dollars is not far fetch(ebay Inc., 2009), since the growth rate of Skype on its recent   quarterly performance have been anything but slow. Just last October 2009 data Skype again has increased by another 41% in total registered users, which is in the $521 Million mark and growing, Its posted growth of 29% in revenues amounting to another $181 million dollars also confirms its status as a force to be reckon with on the Voice Over Internet Protocol (VoiP) industry (Schonfeld, 2009). Direct competitors of Skype are Vonage and Net2phone although stable does not have the growth potential and massive customer base that Skype enjoys. Skype has just also been sold recently by ebay to some private investors, and group led by Silver Lake partners, ebay sold 70% of its stake on Skype (Wauters, 2009).Which shows continued interest of the potential profit generation of this software. Skype is also considered as number ten on the Top ten potential IPO candidates by TechCrunch.com, given the rapid pace of Skype growth (Schonfeld, 2009). Traditional or Online Auction Method for Skype’s IPO? Skype may opt to apply the auction method, to have a lot of potential investors instead of limiting the opportunity to buy shares to a few large investing institutions, which possibly may not desire a new online firm. Google used the same method, which is called the Dutch auction method in serving its IPO to the public, with a lot of potential risks in this kind of method Google still managed to pull it off successfully (Edmonston, 2009). What type of Investors would go for Skype Small and young investors may go for this firm if it went public, this group usually knows the boundless potential of the internet, and has some basic knowledge on the types of revenues tech stocks can produce. The emerging trend of young internet whiz kids, who have made fortunes using the net, may as well be the same characteristics of investors for Skype. Conventional Investors, still requires a fundamentally sound metrics from a company that has a above average track records and has produced mostly tangible goods which some have been a staple of a society. Lessons Learned from Online Auction Approach Bothe Morningstar.com and Google used the same method for its Initial Public Offering, for the purpose of taking the controlling power away from the underwriters and to provide opportunities to invest for those who really believe and acknowledge a company’s potential.   Both have been relatively smooth and successful. For Morningstar on its IPO last 2005 even when price analysts predicted that price of stock may be on the amount of lowest range projected of $16 to $19, the demand was really strong as it ended up on the marked price of $18.50 for the mutual fund and stock analysts’ online firm (Munarriz, 2005). Google however probably was overwhelmed by pressures of controversies induced by market analysts, financial scholars, other online competition   and even the Securities and Exchange Commission, has decided for a last minute reduction of its target share price (Sorkin, 2009). Online companies often face criticisms such as being overvalued or overhyped. Especially after the dotcom event, doubt of investors on whether they could really pull through some revenues and maximize shareholders’ equity is prevalent. Both Morningstar and Google have experienced those biases but took it in stride and have been relatively stable in the marketplace, despite contradictions. Cost and Risks of each IPOs According to a famous article by the Wall Street Journal regarding methods of IPOs, â€Å"Wall Street bankers compare auction IPOs with selling fine art on eBay instead of at Sothebys. The big Wall Street firms have good reason to defend the traditional model. Known as book building, it entails gauging the interest of hedge funds and mutual funds in an offering† (2005, p.2). This conventional model with its current fees of 7% of capital allows Wall Street companies to sell its IPO stock at discounted prices to their best customers, which could benefit them by taking profits if the IPO increased even on its first day of trading (Wall Street Journal, 2005 p.2). Underwriters for this traditional approach receive a percentage of the IPO sale as commission, in addition to other fees or underwriting proceeds charged to underwrite the IPO. Such examples of those fees according to Kamlet Rini (1995)are: †¢ Managers Fee Goes to the managing underwriter for negotiating and managing the offering. Amount:10% 20% of the spread (meaning the spread between the Public offering price or POP and the underwriting proceeds). †¢ Underwriting Fee Goes to the managing underwriter and syndicate members for assuming the risk of buying the securities from the issuing corporation. Amount: 20% 30% of the spread †¢ Selling Concession Goes to the managing underwriter, the syndicate members, and to selling group members for placing the securities with investors. Amount: 50% 60% of the spread These fees, almost selected investors and a potential of losing more capital by an increase in value on share price, especially when first day trading price of IPO rise for the company, has been the somehow the risks a company going public undergoes when applying this method. As for the Auction Method, in which the firm sets a price of the share well above what any investor is expected to bid, and then reduces the price incrementally when an investor actually bids, has a relatively lower amount of fees. Risks involved according to some analysts is that IPOs   develop pricing patterns similar to those exhibited by IPOs during the dot.com era, and whether it would really provide more efficient pricing (Hensel, 2005). Risk of this mispricing can occur to lack of information on the part of the small investor, especially if the information issued could be implicit somehow to the small investor. Conclusion This study has discussed the strong possibility of Skype, joining the ranks of two famous Web companies such as Google and Morningstar, on going public. Skype have a rapid pace for growth based on its quarterly revenues and growing registered users. The best method for Skype to serve its Initial Public Offering is through an Online Auction, which again worked smoothly for both of the companies stated earlier. Each IPO type has its own costs and risks. For traditional IPOs, banking on their solid foundation of book building, it has its drawbacks of high fees and profits for companies who went public especially if the share prices do well on the first trading day. For Online auction, although has relatively low fees compared to the traditional method, has also the risk of running into similar pricing patterns which has links with the dotcom mania that occurred not too long ago. But for recommendation for Skype, the auction approach still works best, first to minimize cost on fees and a large possibility of fetching true market value stock price provided by potential strong demand due to Skype’s already significant business value.