Academic Art Essay Example | Topics and Well Written Essays - 250 words

Academic Art - Essay Example Different methods were taught such as seeing color and line as something similar. There had to be a value and a method behind each sculpture, painting, piece of architecture or other art work. Each had a theme or a concept behind it and focused on idealism. Academic arts were not necessarily made for the middle class or the noble. They were made by artists to tell something historic and were more for each other as artists. I’d lean toward that they were made more for the middle class. However, many were commissioned by the noble. The middle class could use these works of art for learning about events. They might not otherwise have access to learning about these things in other ways. They could not be there so they used the art as a historical and educational depiction that could not otherwise be read in books. The noble people commissioned these works of art as a reminder of the history that they would be leaving behind so people would never forget and would learn something. D iego Velazquez created an oil on canvas â€Å"The Surrender of Breda† in 1634-35. This painting depicted the military and how military leaders might treat their enemy. This particular work was one that was commissioned by a Spanish King so that it would act as a celebration of the victories in Spain. It was a painting that captured the ideas of the Academy because people could learn from it and it served as memorabilia of the conflict that people can still use academically. It was an example of the Spanish military.

Beowulf Essay Example for Free

Beowulf Essay One of the main reasons we study literature from different cultures and different times is to learn about the people who wrote the stories down. From â€Å"Beowulf†, we can speculate on the values, religion and culture of Anglo-Saxon people through the values of allegiance to lord and king, love of glory as the ruling motive of every noble life, and the inevitability of fate. In Beowulf the warriors were sworn to protect and serve their lord and in exchange for such allegiance. Hrothgar was expected to bestow riches and social standing upon them. This allegiance and reward is an important theme in the book. Loyalty was shown to Hrothgar by his warriors so he built Herot for their convenience. Wiglaf returned to Beowulf despite his men’s decision to turn their back on him during his time of need because he is loyal to Beowulf. Anglo-Saxons believed in allegiance to their lord and king so they would be rewarded with protection Love of glory, fame, and recognition was important to the Anglo-Saxon culture. Beowulf displays examples of boasting. He shows his heroic characteristics as he boasts before Hrothgar and first says, â€Å"Hail, Hrothgar! † He also portrays heroism as he come across Unferth, where explaining the swimming event with Brecca allowed him to boast about his strength and physical abilities. After defeating Grendel he displays Grendel’s arm to show his victory. Fate is what determines one’s future, success or failure, is an often used aspect throughout this epic. Beowulf symbolizes fate as the determining factor of who will win the battle saying that God will decide what will happen. Allegiance to lord and king, Love of glory as the ruling motive of every noble life, and the overall belief in the inevitability of fate were the main Anglo-Saxon ideals. Fate is a matter of interpretation depending on the religious background of a person. Fate can not be controlled. â€Å"Life can seem as a simple strategy game and those who place their game pieces in the best position are to be successful and essentially heroic. †

Against Animal Testing Essay -- Animal Cruelty

We all have a pet either is a dog named spot or a cat named fluffy would you wont some one to test medicine or cosmetic on your pet so why let them on some one else. Today I am going to tell you why animals testing is wrong, what the drug and cosmetic companies do to these poor creatures. Drug testing on animals is unnecessary because animal‘s body never reacts to drug like humans. Drug and cosmetic companies are the biggest animal tester. They have a lot of drug recalled because animal testing didnÂ’t show that they where harmful. It is just a waste of money, time and effort to test on animals because 60% of the time it just torments the animals and never benefits anyone. Why do you need to know this because I think you need to know how useless animal testing is. Drug companies use animals to test their products to make sure their safe but it doesnÂ’t always work and it is very inhumane to the animals they are testing on. According to geocities.com article paw_n_tails that I accessed on November 10 to measure severe burns on live tissue, a pet is burned alive with a flame-thrower until the charred flesh can be removed in large pieces from   while the animal is still alive. An experiment to study head trauma requires a animals head to be strapped down and   receive high impact blows to the head resulting in severe brain damage. To demonstrate there is no difference in eye protein levels of the site deprived, the animals eyelids are sewn shut then later compared to normal protein levels. Drug testing on animals has caused harm and death to humans, too. Many patients who were administered the general anesthetic Methoxyflurane lost function of their kidneys because animal experiments failed to reveal possible kidney toxicity. The arth... ...are used to determine the amount of a substance that will kill a predetermined ratio of animals. For example, in the LD50 test, subjects are forced to ingest poisonous substances (through stomach tubes, vapor spray inhalers or injection) until half of them die. Common reactions to LD tests include convulsions, vomiting, paralysis and bleeding from the eyes, nose, mouth or rectum. To day I have told you that we are made different so why test on animals to help us when half the time it doesnÂ’t work, and that animal testing in drug companies cause an injury to an animal just to see if a product will work on them, and how cosmetic companies cause death to animal just so people can look more beautiful. Now you are asking your self what can I do to help these poor puppies and kittens that are treated so cruelty well you could use product that are not tested on animals.

Calculation for Calorimetry

CALCULATIONS Determining the amount Limiting Reagent used. nlimiting reagent = Molarity x Volume or Mass / Molar Mass Example: Limiting reagent is 5mL of 1. 0 M HCl nlimiting reagent = Molarity x Volume nlimiting reagent = (1. 0 [mol/L]) x 0. 005 [L]) = 0. 005 mol Determining the qrxn and qcal. qrxn + qcal = 0 -qrxn = qcal qrxn = ? Hrxn x nlimiting reagent qcal = Ccal ? T qrxn = – Ccal ? T + mcsolid ? T (note: only if there is a precipitate formed in the reaction) Examples: 1) Calibration of the calorimeter given that: ?Hrxn = -55. 8 kJ/mol and nLR = 0. 005 mol qrxn = ? Hrxn x nlimiting reagent qrxn = -55. 8 [kJ/mol] x 0. 005 [mol] = -279 J qcal = -(219 J) = 279 J (2) Determining the qrxn of a given chemical reaction: NH3 (aq) + H+ (aq) ? NH4+ (aq) And given that: ? T = 3. 5 Â °C and Ccal=111. 6 J/Â °C qrxn = – Ccal ? T + mcsolid ? T qrxn = -( 111. 6 [kJ/Â °C] x 3. 5 [Â °C]) = -390. 6 J qcal = -(-390. 6 J) = 390. 6 Determining the Ccal. Ccal = qcal / ? T Example:Giv en qrxn = -279 J and ? T = 2. 5 Â °C Ccal = -qrxn / ? T Ccal = -(-279 J) / (2. 5 Â °C) = 111. 6 J/Â °C Determining the experimental ? Hrxn. ?Hrxn = qrxn / nLR Example: Given: NH3 (aq) + H+ (aq) ? NH4+ (aq) With qrxn = -390. 6 J and nLR = 0. 005 mol ?Hrxn = qrxn / nLR ?Hrxn = -390. 6 J / 0. 005 mol = -78. 1 kJ/mol Determining the theoretical ? Hrxn. ?Hrxn = ? nproductHÂ °f product – ? nreactantHÂ °f reactant Example: Given that: NH3 (aq) + H+ (aq) ? NH4+ (aq) Substance? HÂ °f (kJ/mol) NH3 (aq)-80. 9 H+ (aq)0. 00 NH4+ (aq)-132. 51 ?Hrxn = ? nproductHÂ °f product – ? nreactantHÂ °f reactant ? Hrxn = {-132. 51 kJ/mol}-{-80. 29 kJ/mol} = ?Hrxn = -52. 2 kJ/mol Determining the %error. %error = (|? Hexperimental – ? Htheoretical|) / (? Htheoretical) x 100% Example: Given: ? Hexperimental = -78. 1 kJ/mol and ? Htheoretical = -52. 2 kJ/mol %error = |(? Hexperimental – ? Htheoretical) / (? Htheoretical) | x 100% %error = |(-78. 1 kJ/mol) – (-52. 2 kJ/ mol) / -52. 2 kJ/mol| x 100% = 49. 6 %

Research Proposal and Preliminary Reference Page

Preliminary research helps me decide which parts of a selected topic to study based on if there is enough, too much, or too little information available (Sole, 2010). I then plan to form a hypothesis to be asked so I can find different types of aspects to cover in my paper to prove or disprove my hypothesis. After this, I can create an outline of the paper I want to put together. I have had to face some challenges while searching for the information on my topic I have chosen.One of these challenges was having trouble choosing from all the different ways that I can branch my topic off to. I first was thinking about researching how the media affects preteens by portraying a glamorous life of being famous. On the other hand, I also wanted to see how the average father figure really matched up to the standards of father figures portrayed in today's media. I feel that I will end up going in the direction of how the average father figure really matched up to the standards of father figures portrayed in today's media.I find this limitation of the topic to be very interesting because I personally grew up without a father figure and would like to see how the average father compares to the loving and caring ones I have seen on many of today's television shows. I think this will make me feel more at ease in my own mind of wondering what my life would have been like with a father in the house If I had not been adopted out to a widowed mother. References Sole, K. (2010). Writing College Research Papers (Volvo. ENG 122). San Diego:Bridgeport Education, Inc. Research Proposal and Preliminary Reference Page By lickerish Lickerish Fletcher ENGINE I decided to choose the topic titled â€Å"Values portrayed in popular media†. I found this to be an interesting topic or â€Å"gut-feeling† when thinking about all the choices of it out to be interesting. I plan to positively limit my topic by doing some preliminary interesting because I personally grew up without a fath er figure and would like to see mind of wondering what my life would have been like with a father in the house if I

10 Definition Essay Topics on Muslim Culture

10 Definition Essay Topics on Muslim Culture If you need some solid info for your next definition essay on Muslim culture, consider the 10 facts below: A great deal of attention is drawn to the fact that many presume the veil prevents men from thinking impure thoughts about women, thereby associating women and their bodies with sexuality and sin. It was incorrectly assumed that â€Å"the veiling of women to protect mens virtue and hence also the Christian emphasis on sexual abstinence and renunciation† (Barlas, 2009, p. 3). This in turn leads to the notion that â€Å"in traditional Muslim discourses, then, the veil is meant to protect men by hiding the impure, but enticing female body from them. However, the very power of this body to arouse men also makes it vulnerable to their sexual depredations which is why it must be veiled† (Barlas, 2009, p. 3). Islam literally translates to submission to the will of God. The religion is the second-biggest in the world and with over 1 billion people following the faith and its cultural implications today. Islam as a religion was revealed in Arabia over 1400 years ago. Those who follow the tenants of Islam are referred to as Muslims. Followers of this faith today believe that there is a single God, who is called Allah. God sent his prophets to man in order to teach them how they should live and follow his law. Some of the prophets of God include Abraham, Jesus, and Moses. The final prophet was Mohamed. As a Muslim followers believe that Islam has always existed but that the religion actually dates to the migration of Mohammed for practical purposes. Our laws are based on the holy book known as the Quran and we believe that there are five basic pillars to Islam. The five basic pillars include declaring your faith, praying five times per day, giving money to charities, fasting, and completing a pilgrimage to Mecca at least once in your life. Among these tenants of faith there is no requirement to specifically share the message and convert those who are of a different face although many believers today do live by such a code. Today there are many religions in the world all of them believe in some form of deity which provides truths and codes by which they must live. But atheists do not subscribe to the idea of a god or gods and they live by the fact that creation is scientifically justifiable and supported and the creation. A God is not justified. But in any case it is imperative that believers of any face do not push their beliefs onto another group. The only way to truly understand the perspective, the rituals, and the belief system of another culture is to understand the history surrounding that culture, the current events surrounding that culture, and what the fulfillment of certain activities brings to those cultural beliefs. This is the foundation of cultural relativism and a better understanding and acceptance of all people. Homa Hoodfar is one author who has provided in-depth analysis of the history, purpose, and misunderstanding of the veil worn by Middle Eastern and African women. This author covers the influence of British Colonials on the Muslim culture and how their perception, although misconstrued, painted a picture of oppression for Muslim women. Hoodfar uses historical evidence to explain the social implication of the veil and its cultural heritage and to help the reader understand the political use of the veil by women. Although many mistakenly believe that the Quran orders the wearing of the veil (which means full body covering), the author provides insight into its misinterpretation by westerners and their subsequent assumptions that have created a defensive mindset for women who enjoy the comfort of the veiling and its role as a political tool for those who seek to bring change and improvements in their communities. There are many different types of religions in the world and they all believe in some form of deity from which they derive their truths and codes, however there is also one umbrella grouping, atheists, who don’t subscribe to the idea of god(s) but rather exists with the belief that creation by a god is not justified. The concept of atheism is that one does not believe in a God. This is the exact opposite a very devout religions around the world particularly the second most popular, Islam. Other religions are much more comfortable with the religious practices and customs of faiths from around the world in spite of differences they may have because all religions have some form of deity from which they derive their truths and their codes. And yet it can be a challenge for various people of faith to avoid imposing their ethnocentric beliefs upon atheist, and vice versa. Atheist do not subscribe to the idea of a God and they believe that the creation of a god is not justified and does not promote an excuse for action, in action, or beliefs and cultural practices that cause harm. It is the concert of cultural relativism that must be promoted in its fullness in order for members of devoutly religious groups to understand and accept practices of atheism, and for atheist to understand and accept the practices of devout religions. Supporting these beliefs and opinions is not necessary to be culturally aware but not imposing the beliefs of one system on another is. Cultural relativism is the concept that the beliefs of a particular culture and the practices of that culture need to be understood within the context of the cultures background, their history, and the current events which surround that culture. It is imperative that people do not ethnocentrically impose their beliefs and their opinions onto others because these beliefs and opinions are products of enculturation. Cultural relativism is not the same as moral relativism but it does require that people do not confuse their own feelings about a custom with a thorough understanding of a custom. People must investigate the meanings of customs for those practice them and the functions that each custom for fills with in a different society in order to truly understand them. Overlapping themes in many articles about Muslim culture include the veil as a symbol of oppression, used to evoke emotions of sympathy or contempt from the west. For some, the veil remains a symbol of oppression. â€Å"Muslim women are completely and utterly subjugated by men, and the veil is a symbol of that† (Bullock, 2002 p.13). We hope these will help with writing an essay, please also check our 20 topics and 1 sample essay on Muslim culture as well as a complete guide on writing a definition essay. References: Barlas, A. (2009). Islam and Body Politics: Inscribing (Im)morality. In Conference on Religion and Politics of the Body Nordic Society for Philosophy of Religion (pp. 1-12). Reykjavik: University of Iceland. Bullock, K. (2002). Rethinking Muslim women and the veil: challenging historical modern stereotypes. Herndon, VA: International Institute of Islamic Thought. Hoodfar, H. (n.d.). The veil in their minds and on our heads: Veiling practices and Muslim women. Retrieved from umass.edu/wost/syllabi/spring06/hoodfar.pd Kemper, Michael, Anke von Kügelgen, and Dmitriy Yermakov.  Muslim Culture In Russia And Central Asia From The 18Th To The Early 20Th Centuries. Berlin: Schwarz, 1996. Print. Ostle, Robin.  Sensibilities Of The Islamic Mediterranean. London: I.B. Tauris, 2008. Print. Reichmuth, Stefan, Jörn Rüsen, and Aladdin Sarhan.  Humanism And Muslim Culture. Göttingen: V R unipress, 2012. Print. Syrjänen, Seppo.  In Search Of Meaning And Identity. Helsinki: Finnish Society for Missiology and Ecumenics, 1984. Print.

Tyra Banks Essays

Tyra Banks Essays Tyra Banks Paper Tyra Banks Paper There are a lot of great models in the world, models that have made a difference in young aspiring models’ lives. Naomi Campbell, Heidi Klum, and Beverly Johnson are some examples. Many say that Tyra Banks is the best supermodel of all time. She produces a show that helps young ladies become successful models. Tyra Banks is a very important person to young â€Å"wannabe† models. Tyra Lynn Banks was born December 4, 1973 in Los Angeles, California but grew up in Inglewood, California. Her father, Don Banks, was a computer consultant, and her mother, Carolyn London, was a medical photographer. When Tyra was six years old, her parents got divorced. Tyra says she was too young for it to have much impact on her life. She lived with her mother on weekdays and her father on weekends. She always had two birthday parties and two Christmases, which meant double the presents, double the love. She was constantly teased by her older brother, Devin, and classmates because she was tall, very thin, and awkward looking. Her classmates gave her the nickname Giraffe. Some days she used to run home crying to ask her mother for help. Her liking for food such as BBQ ribs, fried chicken wings, ice cream and fast food was tremendous. Tyra also had a love for Ketchup packets. Therefore to stay fit in high school she enjoyed a lot of sports, mainly basketball, tennis, and also a lot of exercise. In 1989, at the age of 17, she outgrew her awkward phase and begun to resemble a tall, curvy, caramel-skin, green-eyed beauty. ( Tyra Banks Biography) Tyra decided to became a model, and she started working hard in order to change her skinny physique. Her goals were achieved. However her first attempt to find a modeling agency was met with rejection and discrimination. The agency said she looked too ethnic, or they already had a black model and didn’t want another. In 1990, while still in high school, she landed a contract with Elite Model Management, the largest model agency in the world. After graduating from Immaculate Heart High School in 1991, Tyra enrolled at Loyola Marymount University in Los Angeles, but she decided to forego college when Elite offered to send her to Paris for high-fashion runway modeling. (Tyra Banks Biography) While in Paris, Tyra felt alone so he called her mother, who moved to Paris to be Tyra’s manager and best friend. Tyra moved swiftly through the ranks of fashion modeling to become one of the world’s top supermodels. By the end of the mid 1990s, Tyra decided to return to the United States and switch to swimwear and lingerie modeling, where curvier models are more than welcome. She made her living twenty or thirty pounds heavier than the average model and that’s when she really became famous. ( Bio of Tyra Banks ) While working as a Victoria’s Secret model Tyra sold more bras and panties than any of the other models all while walking down the runway weighing 30 pounds more than the other girls. She was on the cover of several magazines such as â€Å"GQ,† â€Å"Sports Illustrated Swimwear Edition,† and a Victoria’s Secret catalog. She signed a contract with both Cover Girl and Victoria’s Secret, becoming a staple of both companies’ advertising campaigns and runway shows. ( Bio of Tyra Banks) In 1997, she received the prestigious Michael Award for Supermodel of the year and also won two Teen Choice Awards for favorite supermodel. She funded a scholarship to help young black women attend her alma mater, Immaculate Heart High School in Los Angeles, California. In 1999, Tyra founded TZONE, a foundation aimed at developing teenage girl’s independence and self-esteem. Tyra Banks ventured into the world of reality television when she created, produced, and hosted â€Å"America’s Next Top Model. † The show, pits aspiring model against each other in a competition for the label of America’s Next top Model. In 2005, Tyra expanded her into television exposure with her own talk show, The Tyra Banks Show. Tyra Banks is still the best high fashion model in the world. She is dedicated to helping young girls build their character and be the best they can be. Tyra Banks is the most helpful person when it comes to modeling.

Octavian Augustus Glossary Entry

Octavian Augustus Glossary Entry Octavian, known to posterity as the Emperor Augustus Caesar, was the first emperor of Rome, the first of the Julio-Claudian Dynasty, the adopted son of his great-uncle Julius Caesar, and possibly the most important man in Roman history. Octavian or Augustus lived from 63 B.C.-A.D. 14. Timeline of Octavian Augustus The date at which he began his rule could be either 31 B.C. when the forces of Augustus under Agrippa defeated those of Mark Antony and Cleopatra at the Battle of Actium, or in 27 B.C. when Octavian became Augustus, a term of honor awarded him by the Senate. Octavian Augustus Achievements Octavian Augustus reformed the Praetorian Guard and laws on marriage and adultery, he had the power of a tribune and was Pontifex Maximus (head priest). He extended the boundaries of the Roman Empire, caused the Pax Romana, and built up the city of Rome. Misfortunes of Augustus Reign Through the long years of his reign, Octavian Augustus put an end to the already seriously decaying republican system of government. It was under his rule that Varus suffered a disastrous defeat in Teutoberg Wald, putting a temporary end to territorial ambition beyond the Rhine. His own daughter and grand-daughter defied Octavians lofty moral stance. Although both partners were demonstrably capable of producing children, Augustus failed to produce an heir with Livia, his wife during his long term as emperor. Ultimately, Octavian Augustus had little choice but to make his begrudging son-in-law, Livias son Tiberius, his successor- even though Tiberius wasnt much to his liking.

Corporate strategy Essay Example | Topics and Well Written Essays - 750 words - 1

Corporate strategy - Essay Example This analysis assumes that the pending merger of BA and Iberia occurs pursuant to a November 2010 vote by Iberia shareholders. Combining the U.K.’s and Spain’s largest airlines is expected to build two major strengths. Combined, the two firms carry more than 61 million passengers (Airwise, 2010), which will rank the new firm among the world’s ten largest airlines, and provide greater customer visibility, economies in operating costs, and greater purchasing power/lower capital costs for aircraft and other equipment. BA and Iberia combine two major airport â€Å"hubs†, the customer (passengers and cargo) transit locations that facilitate direct customer access and operating economies. BA’s hub at London Heathrow ranks number two in world passenger traffic and number 16 in cargo tonnage, and Iberia’s hub at Madrid airport ranks number eleven in passenger traffic. Each firm also operates secondary airports of Gatwick and Barcelona that rank 31st and 42nd, respectively, in world passenger traffic. (Airports Council International, 2010) Moreover, one key projection is that the UK and Spain will be among the top four international markets for passenger traffic in 2014. (International Air Transport Association, 2010) A third BA strength is its membership in, and leadership of, oneworld ®, a global alliance of 11 world airlines founded in 1999. Within the consolidating worldwide airline industry, oneworld was named â€Å"Worlds Best Airline Alliance† (oneworld, 2010). BA’s strategic weaknesses include those common to other airlines, including dependence on, and difficult relationships with, employee unions; sustained lack of profitability; and damaged brand names due to union and operational difficulties. But BA’s major unique competitive weakness is that it is primarily a long haul, hub-centric carrier. As described by The Economist in May of this year, â€Å"the low-cost airlines Ryanair and easyJet are snapping at [BA’s]

Ethics Theories Essay Example | Topics and Well Written Essays - 500 words

Ethics Theories - Essay Example In this case, there is little question that a theft of the drug would be ethical under a teleological and utilitarian model. Depending on the ethical approach chosen, breaking into the store to steal the drug could be considered either right or wrong. As stated above, a teleological analysis would justify the action as being right due to its potential to avoid a great harm, a loss of life, at the expense of some lost profit, which surely cannot weigh as heavily. On the other hand, a more duty-based approach such as deontological would require that the morality of the act itself be considered without regard to its consequences. Deontological ethics maintains that actions themselves have intrinsic moral value, and can be inherently good or bad. Arguably, stealing is wrong even if it ends up having a positive effect, and therefore a deontological analysis would require a determination that the action is wrong. In short, the ends never justify the means under such an analysis. Notifying employees of layoffs via e-mail is the right way because of the manner in which the notification was handled in this particular case.

Italian Drama during the Medieval Period Essay Example | Topics and Well Written Essays - 1000 words

Italian Drama during the Medieval Period - Essay Example The medieval drama initially came into being as an incident of service on certain special days and occasions of the ecclesiastical year in an illustrative manner. Until it grew strong, medieval drama was confined to the interior walls of the church (Theatre History.com). But once it grew strong and started gaining fame, the medieval drama lasted for very long with religious intent. Almost throughout the entire continent of Europe, the history of the medieval drama is more or less the same. "The religious drama of England is very like that of France (from which, indeed, it is in some measure derived), just as the religious drama of Italy is like that of Spain, although neither of these had any appreciable influence on the other (Theatre History.com)." For instance, if a miracle play is considered the same native treatment is given for life as it is given in a mystery. Even the story construction is equally panoramic in both kinds of plays. In addition to these, even the mixture of the comedy incidents, apparent irreverence and also the circumstances of the performances are also one and the same in both kinds of plays.â€Å"The middle ages had an appetite for allegory quite as vigorous as the liking for legend; and after the saintly biographies had been set on the stage as miracle-plays, allegory was also cast into dialogue, and thus we have the moral-plays (Tebyan.net).† The morality was considered as a medieval forerunner of today’s modern novel and can be defined as an attempt for the modernization of a sermon whereas a mystery is a simple dramatization of plain and simple text. During the medieval period people never used to make a distinction between two different kinds of plays. People in the medieval period were not trained enough to make a distinction between the "canonical books and the Apocrypha, or even between the Scriptures and the legends of the saints (Tebyan.net)". Towards the end of the seventeenth century and during the early eighteenth century, improvised comedy which is named as commedia dell' arte began to decline. Despite this decline, the various characters which were represented by different types of masks and other situations of conventional comic still had a pace and a place on stage. The major reason for this decline in the fame of the Italian comedy was because of the then popularizing yet preposterous entertainments along with the new art of opera (Theatre Database). It was a person name Carlo Goldoni, who brought back life to the then declining comedy in Italy. He was born in the year 1707 and was a native of the city of Venice. Almost all of his writings are depicted with liveliness which describes all of the comedians who were born in Italy with a light-hearted temperament that too in a remarkable and respectable manner. Though his first attempt of a melodrama named Amalasunta was not very successful, his second attempt was quite successful. Carlo Goldoni is credited with one hundred and sixty comedies. Out of these, twenty works were in prose and the rest were prose. The prose penned by him was either Venetian dialect or in

Business Decision Making Process Essay Example | Topics and Well Written Essays - 2500 words

Business Decision Making Process - Essay Example It is because of this reason that it is often important for the higher management to improve upon the decision making process by learning tools and techniques which contribute towards improving the overall effectiveness of the decisions made. It is important to note that decision making and problem solving are often considered as the same however, there are certain subtle differences which need to be taken into account for decision making and problem solving. It is important to understand that decision making takes place at every level of the organization i.e. from top management of the organization to the operational level and as such magnitude, nature and importance of decision making at each different level differs from each other. This paper will apply the analyses and techniques of business decision making in planning and delivery of the Ashes Test to be played at Cardiff during 2009 providing at least three illustrations or examples. Business decision making process is quite complex process as it draws upon data from different sources and utilizes them in different manner in order to achieve the desired results. In order to make better and more effective decisions, it is therefore important that almost every possible aspect of decision making shall be taken into consideration. Cost and benefit analysis is the major criteria based on which most of the business decisions are made and as such there are different tools and techniques which are used to make decisions more effective. Over the period of time the general theoretical thrust behind the business decision making has been based on finding the quantitative aspects of the decision making whereas on the other hand qualitative aspects of decision making were not taken into consideration. (Baker,1981). This focus on the quantitative aspects of decision making has greatly improved the capability of

Examine the roots of the Russian Mafia and account for its influence Essay

Examine the roots of the Russian Mafia and account for its influence in Russia today - Essay Example The Mafia is an illegal organization which is involved in organized criminal activity. Rigid rules, violence and monopoly of illegal activities are some of its attributes. â€Å"Gambetta defines the Mafia as an industry which supplies private protection (Gambetta, 1991:2). The Mafia produce and sells a very special commodity, trust or protection. Like ‘organized crime’ in general, the Mafia aims to produce, advertise and sell protection in conflict with the state. The Mafia operate in those economic transactions and agreements where protection is either inefficiently supplied or cannot be supplied at all by the state†¦Ã¢â‚¬  (The Russian Mafia: Do Rational Choice Models Apply?, date ?: p.7-8). Similar to the claims made by Gambetta, Hobsbawn also maintains that the â€Å"Mafia tends to develop in societies in which citizens regard the authorities as hostile. He argues that the Mafia provides a parallel masculine law and organized power in societies in which the o fficial government is not effective, and most of the citizens in the areas under its influence believe that it is the only effective law and power† (The Russian Mafia: Do Rational Choice Models Apply?, date ?: p.7) The Russian Mafia has often been studied in comparison with the Sicilian Mafia. The emergence of the latter in Southern Italy was due to the uneven transition of the market economy. The Italian citizens lost trust in the Italian state due to the fact that property rights and individual protection was not thoroughly given by it. This led to a rise in the demand for ‘protection’ and this protection was in turn provided by the Mafia. Similarly, part of the emergence of the Russian Mafia owes itself to the undefined transition of its market economy wherein there were no exact rules and regulations to govern the producers, sellers and consumers. Citizens were thus bereft of legal protection and

Business Decision Making Process Essay Example | Topics and Well Written Essays - 2500 words

Business Decision Making Process - Essay Example It is because of this reason that it is often important for the higher management to improve upon the decision making process by learning tools and techniques which contribute towards improving the overall effectiveness of the decisions made. It is important to note that decision making and problem solving are often considered as the same however, there are certain subtle differences which need to be taken into account for decision making and problem solving. It is important to understand that decision making takes place at every level of the organization i.e. from top management of the organization to the operational level and as such magnitude, nature and importance of decision making at each different level differs from each other. This paper will apply the analyses and techniques of business decision making in planning and delivery of the Ashes Test to be played at Cardiff during 2009 providing at least three illustrations or examples. Business decision making process is quite complex process as it draws upon data from different sources and utilizes them in different manner in order to achieve the desired results. In order to make better and more effective decisions, it is therefore important that almost every possible aspect of decision making shall be taken into consideration. Cost and benefit analysis is the major criteria based on which most of the business decisions are made and as such there are different tools and techniques which are used to make decisions more effective. Over the period of time the general theoretical thrust behind the business decision making has been based on finding the quantitative aspects of the decision making whereas on the other hand qualitative aspects of decision making were not taken into consideration. (Baker,1981). This focus on the quantitative aspects of decision making has greatly improved the capability of

Fast Foods And Their Effects On Healthy Research Paper

Fast Foods And Their Effects On Healthy - Research Paper Example The fast foods also had a high content of saturated fats, which is a core factor that results in a heart attack. According to research done on monkeys in 2006, after the fast foods were fed on the monkeys, the monkeys fed the fast foods had more abdominal fats, as well as they, become more resistant to insulin as opposed to the others that fed on saturated fats which is an early sign of diabetes. This was due to the unsaturated fats in the fast foods hence there is a need to minimize the consumption of the fast foods and consumption of saturated fats. From Joshipura and US department of agriculture has pointed out that the fast foods have increased consumption of calories which is an increase from 3% to 12% of the overall calories taken in the USA. This has led to increasing the weight gain as well as increase the risk of diabetes in comparison to the ordinary foods. Tucker asserts that the effects of fast foods resulted in more intake of energy resulting in a positive energy balance thus increasing the chances of obesity. The consumption of the fast foods to both those at adolescent and the children in the United States has increased from 2% to 10% recently which is alarming as far as the health of those who use it are concerned. According to this article, those at adolescent and children who ate the fast foods such as cheeseburgers, sugar-sweetened beverages, and French fried potatoes consumed more sugars, fewer diet fibers, higher beverage energy density in comparison with those who did not eat the fast foods.

Legal Requirements for Employee Benefits Essay Example for Free

Legal Requirements for Employee Benefits Essay As we discussed earlier in this chapter, some benefits are required by law. This requirement adds to the cost of compensating employees. Organizations looking for ways to control staffing costs may look for ways to structure the workforce so as to minimize the expense of benefits. They may require overtime rather than adding new employee, hire part-time rather than full-time workers(because part-time employees generally receive much smaller benefits packages),and use independent contractors rather than hire employees. Some of these choices are limited by legal equirements, however. For example ,the Fair Labor Standards Act requires overtime pay for nonexempt workers, as discussed in chapter 11. Also,the Internal Revenue Service strictly limits the definition of independent contractors,â€Å" so that employees cannot avoid legal obligations by classifying workers as self-employed when the organization receives the benefits of a permanent employee . Other legal requirements involve tax treatment of benefits ,antidiscrimination laws, and accounting for benefits. Tax treatment of benefits A modern, flexible benefit plan provides a number of potential tax advantages to employees and employers. Employees A flexible benefit plan allows employees to choose to swap some of their existing benefits or purchase benefits from a menu of options. Payments in excess of the employees spending allowance are normally collected via a gross salary adjustment. If employees exchange salary for tax exempt benefits (pensions, life cover, childcare vouchers, mobile phones, etc. ), they do not pay tax or National Insurance on the amount exchanged. This gives a basic rate tax payer earning less than the National Insurance (NI) Upper Earnings Limit (UEL) a saving of 33% compared to receiving the money as salary. For example, an employee that exchanges ? 200 per month of their salary for childcare vouchers and additional pension payments will save ? 792 in tax and NI compared to taking the money as salary. Even if the benefits are not tax exempt, employees can still exchange salary for employer provided benefits and, whilst they will be charged income tax, they save NI as their salaries have been reduced by the value of the benefit. This gives employees earning under the UEL an 11% saving. Employers Employers participating in a flexible benefit plan do not pay employers NI on payments on payments to exempt benefits. If these payments have been exchanged from salary by employees then the employer will save 12. 8% employers NI on the amounts. For example, an employee that exchanges ? 200 per month of their salary for childcare vouchers and additional pension payments will deliver an annual NI saving to the employer of ? 307. Antidiscrimination Laws  Legal treatment of men and woman includes equal access to benefits, so the organization may not use the employee’s gender as the basic for providing more limited benefits. That is the rationale for the Pregnancy Discrimination Act, which requires that employers treat pregnancy or childbirth, the employee needs time off for conditions related to pregnancy or childbirth, the employee would receive whatever disability benefits the organization offers to employees who take disability leave for other reasons. Another area of concern in the treatment of male and female employees is pension benefits. On average, woman live longer than men, so on average, pension benefits for female employees are more expensive (because the organization pays the pension longer), other things being equal. Some organizations have used this difference as a basis for requiring that female employees contribute more than male employees as a basis for requiring that female employees contribute more than male employees to defined benefit plans. The Supreme Court in 1978 determined that such a requirement is illegal. According to the Supreme Court, the law is intended to protect individuals, and when women are considered on an individual basis ( not as averages ), not every woman outlives every man. Age discrimination is also relevant to benefits policies. Two major issues have received attention under the Age Discrimination in Employment Act (ADEA) and amendments. First, employers must take care not to discriminate against workers over age 40 in providing pay or benefits. For example, employers may not set an age at which retirement benefits stop growing as a way to pressure older workers to retire. Also, early retirement incentive programs need to meet certain standards. The programs may not coerce employees to retire, they must provide accurate information about the options available, and they must give employees enough time to make a decision. In effect, employees must really have a choice about whether they retire. When employers offer early retirement, they often ask employees to sign waivers saying they will not pursue claims under the ADEA. The Older Workers Benefit Protection Act of 1990 set guidelines for using these waivers. The waivers must be voluntary and understandable to the employee and employer , and they must spell out the employees rights under the ADEA. Also , in exchange for signing the waiver, the employee must receive â€Å"compensation† that is , greater benefits than he or she would otherwise receive upon retirement. The employer inform employee that they may consult a lawyer before signing, and employee must have time to make a decision about signing-21 days before signing plus 7 days afterward in which they can revoke the agreement. The Americans with Disabilities Act imposes requirements related to health insurance. Under the ADA, employees with disabilities must have equal access to whatever health insurance coverage the employer provides other employees. Even so, the terms and conditions of health insurance may be based on risk factors -as long as the employer does not use this basis as a way to escape offering health insurance to someone with a disability. From the standpoint of avoiding legal challenges, an employer who has risk-based insurance and then hires an employee with a disability is in a stronger position than an employer who switches to a risk-based policy after hiring a disabled employee. Accounting Requirements Companies financial statement must meet the many requirements of the Financial Accounting standards Board ( FASB) . These accounting requirements are intended to ensure that financial statements are a true picture of the companys financial status and that outsiders, including potential lenders and investors , can understand and compare financial statements . Under FASB standards, employers must set aside the funds they expect to need for benefits to be paid after retirement, rather than funding those benefits on a pay-as-you-go basis. On financial statement, those funds must appear as future cost obligations. For companies with substantial retirement benefits, reporting those benefits as future cost obligations greatly lowers income each year. Along with rising benefits costs. This reporting requirement has encouraged many companies to scale benefits to retirees. Summarize the regulation affecting how employers design and administer benefits program. Employers must provide the benefits that are required by law, and they may not improperly classify employees as independent contractors to avoid paying benefits. Tax treatment of qualified plans is favorable, so organizations need to learn the requirements for setting up benefits as qualified plans-for example, ensuring that pension plans do not discriminate in favor of the organizations highly compensated employees. Employers may not use employees gender as the basis for discriminating against anyone, as in pension benefits on the basis that women as a group may live longer. Nor may employers discriminate against workers over age 40 in providing pay or benefits, such as pressuring older workers to retire by limiting retirement benefits When employers offer early retirement, they must meet the requirements of the Older Workers Benefit Protection Act of 1990. Under the Americans with Disabilities Act, employers must give disabled employees equal access to health insurance. To meet the requirements of the Financial Accounting Standards Board, employers must set aside the funds they expect to need for retirement benefits ahead of time, rather than funding the benefits on a pay-as-you-go basis

Use Case: An Analysis

Use Case: An Analysis Use Case A use case diagram depicts the units of functionality of the system as well as the actors capable of carrying out these functions. An actor is a person within the system needed to carry out a particular function. A function is depicted by an oval text box and is referred to as a use case as well, use case in this terms meaning unit of functionality. A Use Case diagram is a compilation of Use Cases to form a system. There are four actors within the MPP system. This does not suggest that only four literal people are responsible for operating the entire system. An actor is a classification of a person. In essence an actor refers to something general such as a job title as in this example the four actors are Secretary, HR Manager, Accountant and Staff Member. This use case diagram suggests that the classification of actors are responsible for the duties they are connected to. As such all persons holding that job title will be required to fulfil the duties depicted. The duties or use cases are explain further as use case specifications and the actors are details as classes in task two. Use Case Specifications Number: UC0001 Name Create Employee Actors Secretary, HR Manager Goal: To add a new member of staff Use Case Relationships Extend: Include: Associations: Secretary, HR Manager Generalisation: Description Index Actor Event 1 Secretary gives member a form 2 Member fills form an returns it to secretary 3 HR Manager reviews form and approves employee 4 Secretary notifies employee 5 HR Manager confirms details Alternatives Index Actor Event A 1/1 Person Not Approved A 1/1.1 HR Manager disapproves person A 1/1.2 Secretary notifies person A 1/2 Invalid Data A 1/2.1 Person confirms data invalid A 1/2.2 HR Manager edits details A 1/2.3 Person confirms details This use case specification explains the procedure to be undertaken when adding a new member of staff to the MPP payroll. This process involves both the HR manager and the secretary in terms of the system. The secretary initially distributes a form to the potential employee to fill within which the applicants qualifications and contact information is kept on file. The details mentioned within the specification encompass all the personal information of the applicant inclusive of contact information as well as personal details. This information is then sent to the HR manager to review where a decision is made to approve the employee for an interview. This decision dictates whether the secretary contact the applicant to inform them of an upcoming interview or to inform them that their application has been rejected. The assumption here is that MPP only hires members of the party to become staff members. Number: UC0002 Name Create a Member Actors Secretary Goal: To add a new member to the MPP party Use Case Relationships Extend: Include: Associations: Secretary Create an Election Candidate Create a Member of Parliament Create a Regional Assembly Member Generalisation: Description Index Actor Event 1 Person requests membership 2 Secretary creates new member record 3 Secretary confirms persons details to be accurate 4 Member is added to membership list Alternatives Index Actor Event A 2/1 Incorrect Details A 2/1.1 Secretary enters incorrect details A 2/1.2 Secretary edits details A 2/1.3 Person confirms details This use case specification depicts how a new member of MPP is added to the system. There is an estimated fifty thousand members of the party whom which information is needed to be stored as they are relied on during election time when the party is campaigning for election. The political party most probably doesnt discriminate the right of membership by any one person. Seeing that not much clerical data needs to be manipulated the secretary is fully capable of adding a member to the party. The process begins as a person requests membership to the party. The secretary then enters the members personal information especially their contact information as given by the applicant. Once the member confirms the information to be accurate the record is saved and thereby added to the membership list of MPP. Number: UC0003 Name Create an Election Candidate Actors Staff Member Goal: To add a new Election Candidate Use Case Relationships Extend: Create a Member Include: Associations: Generalisation: Description Index Actor Event 1 Staff Member elects Member to become candidate 2 Staff Member contacts Member 3 Member confirms 4 Staff Member adds member to shortlist 5 Staff Member changes member position to EC Alternatives Index Actor Event A 3/1 Member Disapproves A 3/1.1 Staff Member elects another Member to become candidate This system assumes that only existing members of the party are elected to become election candidates for a particular seat. A member therefore can be classified as an election candidate once their name has been added to a shortlist, which is a list of potential election candidates for a particular area. Using this assumption a member position classification was created within the member file an as such a member may have many classifications ranging from volunteer represented as VOL and election candidate represented as EC. Once an election candidate wins an election for a post they may be contending their position will be changed to Member of Parliament or Regional Assembly Member respectively as will be discovered. Number: UC0004 Name Create a Member of Parliament Actors Staff Member Goal: To add a new Member of Parliament Use Case Relationships Extend: Create a Member Include: Associations: Generalisation: Description Index Actor Event 1 Candidate is voted member of parliament 2 Staff Member changes member position to MOP Alternatives Index Actor Event A 4/1 Member Looses Election A 4/1.4 Staff Member changes Member position to VOL Number: UC0005 Name Create a Regional Assembly Member Actors Staff Member Goal: To add a new Regional Assembly Member Use Case Relationships Extend: Create a Member Include: Associations: Generalisation: Description Index Actor Event 1 Candidate is voted Regional Assembly Member 2 Staff Member changes member position to RAM Alternatives Index Actor Event A 4/1 Member Looses Election A 4/1.4 Staff Member changes Member position to VOL Both the Create a member of parliament and Create a regional assembly member use cases rely on the Create a member use case. Once a member looses an election his position within the party is reassigned to a volunteer. Number: UC0006 Name Add Member to shortlist Actors Staff Member Goal: To add a Member to a shortlist Use Case Relationships Extend: Include: Associations: Generalisation: Description Index Actor Event 1 Member approves to become a candidate 2 Staff Member adds member details to shortlist 3 Staff Member changes Member position to EC Alternatives Index Actor Event A 4/1 Member Steps Down A 4/1.1 Member notifies Staff Member A 4/1.2 Staff Member removes member from shortlist A 4/1.3 Staff Member edits Member position A staff member is responsible for adding a member to the shortlist thereby creating an election candidate. The shortlist is a record of potential election candidates of the MPP. Editing of the shortlist is as simple as editing a table. A staff member is responsible for this responsibility. This use cases is used in conjunction with the Create an election candidate use case within which adding a member to a shortlist is referred to. Once a member agrees to become an election candidate their personal information is added to a list of potential candidates for a particular seat within a respective area. Number: UC0007 Name Contact Members Actors Staff Member, Secretary Goal: To contact members of the party Use Case Relationships Extend: Include: Associations: Generalisation: Description Index Actor Event 1 Staff Member/Secretary queries member details 2 Secretary/Staff Member contacts Member Alternatives Index Actor Event A 7/1 Contact Unavailable A 7/1.1 Contact unavailable at given contact A 7/1.2 Use another form of contact given by the member This use case the procedure to be undertaken when contacting a member of the party. As shown, only full time workers and secretaries contact members. There are many uses of this unit of functionality beyond the boundry of this system. The political party requires that sufficient contact information is stored on each member as individual members are relied on during the campaigning process to organise meetings and assist with advertisement. The contact information that is stored on an individual member of the party includes a telephone contact, home mailing address and email address. The staff members as well as the secretary therefore have three options in which to utilise when contacting a member. Number: UC0008 Name Record Income Actors Staff Member Goal: To record income generated by MPP Use Case Relationships Extend: Include: Associations: Generalisation: Description Index Actor Event 1 Staff Member records Invoice Number 2 Staff Member records income Details 3 Staff Member records the ID number 4 Staff Member records the Amount 5 Staff Member records the date generated Alternatives Index Actor Event A 8/1 Incorrect Record A 8/1.1 Income is recorded incorrectly A 8/1.2 Staff Member confirms details with Invoice A 8/1.2 Staff Member edits details The member of the party responsible for recording income will be a full time employee of the party. Since there are several offices each of which generate individual incomes there must be persons within each regional office to account for funds the party may receive, either by subscriptions received or from other sources such as donations from persons interested in supporting the party and its objectives. The person receiving income distributes an invoice through which a record is kept of individual payments to the party. This invoice must contain all the information needed on the transaction such as what the payment was for, whether it is a subscription or donation. The invoice also contains who made the payment, how much money was paid to MPP and what date was the payment made. In the instance of a donation a record is kept of the donor personal information so they are kept on record an assigned a donor identification number. This is to ensure full accountability of the finances reaching the party. This donor number is entered into the â€Å"ID Number† field in the income table. Where a member pays their annual subscription to the party their member ID is stored within the same field. This ensures accountability for the transaction as well as a record of the subscription received for that individual member. Number: UC0009 Name Record Expenditure Actors Staff Member Goal: To record expenditure incurred by MPP Use Case Relationships Extend: Include: Associations: Generalisation: Description Index Actor Event 1 Staff Member records Receipt Number 2 Staff Member records expenditure Details 3 Staff Member records the ID number 4 Staff Member records the Amount 5 Staff Member records the date incurred Alternatives Index Actor Event A 9/1 Incorrect Record A 9/1.1 Expenditure is recorded incorrectly A 9/1.2 Staff Member confirms details with receipt A 9/1.3 Staff Member edits details Full time employees are also responsible for recording the expenditure incurred by the party. The operation of any political party requires a host of expenses in which to organise and manage the party properly. The individual offices of the party will incur expenses for each office it maintains. The main expenses that must be accounted for include payment of rent for the various offices that the party operates. Salaries must also be accounted for as MPP employs over a hundred individuals which accounts for a major portion of the partys expenditure. A major part of any election campaign is advertising which as for MPP includes television advertising as well as leaflets that need to be distributed by the partys members. Along with these major expenditures the party may also incur miscellaneous expenses in order to keep the offices running such as telephone bills and mailing expenses, all of these are classified as sundry expenses. Whenever any expenditure is incurred all receipts given to the party is filed and documented. These receipts are used to document all the expenditure incurred by the party as the amount, dates and to whom payments are made are documented on the receipt. Each office, member and advertiser are assigned an ID number so that a level of accountability can be maintained as to whom payments are made. Number: UC0010 Name Generate Financial Report Actors Staff Member, Accountant Goal: To generate a financial report for each office Use Case Relationships Extend: Include: Associations: Generalisation: Description Index Actor Event 1 Staff Member/Accountant selects Financial Report table 2 Staff Member/Accountant print Financial Report Alternatives Index Actor Event A 10/1 Incorrect Report Printed A 10/1.1 User selects correct report A 10/1.2 User prints correct report Each regional office is expected to produce a financial report to account for its activities. This will make for easier planning and budgeting by the national officers responsible for this such as the accounts department of the party. Therefore both party members as well as the national accountant can generate a financial report. To ensure the legitimacy of the financial reports the political party is expected to employ an internal as well as external auditor that examines the financial reports and compares them to the income and expenditure of the party. The financial report entails the total income generated as well as the total expenditure incurred for a particular office. These s can be used to determine the General Reserve available for funding the partys activities. Activity Diagrams An Activity Diagram the logical flow of data within a particular use case. The following diagrams show the Create a Member use case but in two different activity diagram formats. The first diagram simply the logical order in a flow chart fashion. The second diagram the same use case with the implication of swim lanes. Class Diagram Class diagrams are used to identify the objects of the system and show how they relate to each other and their attributes. The class diagram used to analyse the objects associated with the MPP and depict their relationships with each other. Everything is related to each other through the MPP class. It is an empty class but is there to show that the generalisation relationship exists between the Regional Office and Head Office Class and the MPP class. Most other relationships within this diagram are generalisation relationships depicted by the empty arrow head. This diagram is structured in a hierarchal format. A generalisation relationship allows the subclasses of any parent class to inherit the properties of the parent class. This feature is also show in the diagram by the empty boxes within the Secretary, Staff Member, Accountant and HR Manager classes. This does not suggest that these classes dont have any attributes but that they inherit the attributes of their parent class. The other relationships depicted is; the relationship between the Staff Member class and the Income, Expenditures and Financial Report classes, and between the Accountant class and the Financial Report class. These relationships show an association relationship as the classes interact with each other on some level of their functionality. The individual classes are explained in detail within their respective CRC card. CRC Cards A tool used to document the purpose and capability of a class is the CRC card. CRC stand for Class-Responsibility-Collaboration, as will be discovered, is exactly what the cards depict along with several other features of the class. The CRC cards represented in this section depict the classes identifies in the MPP system and show how they relate to each other. Name: Regional Office ID:1 Type: Concrete Description A MPP office representing a region of Contentedland Associated Use Cases: Record Expenditure Responsibilities Collaborators Full Time Employee Employee Attributes Relationships Office ID Generalisation: MPP(super class) Region Member (subclass) Address Donor (subclass) Monthly Rent Employee (subclass) Aggregation: Other Association: Full Time Employee Expenditure The regional office class is a subset of the MPP as a whole. There are several regional offices namely; Northland, Southland, Eastland, Westland and Central. Each office will possess the same characteristics as the other and as such are represented by a single regional office class within the class diagram. Distinction between classes is possible through the attributes of the class utilised and as such can be uniquely identified. The assumption made is that the entire system is divided into regions and as such all corresponding members and records are also presented in that regional office category. Name: Member ID: 2 Type: Abstract Description A Member of MPP Associated Use Cases: Create Member, Create an Election Candidate, Create a Member of Parliament, Create a Regional Assembly Member Responsibilities Collaborators Full Time Employee Income Attributes Relationships Member ID Address Generalisation: Regional office(concrete class) Last Name E-mail Aggregation: First Name Office Other Association: Full Time Employee Title County Secretary Date-of-Birth Position Telephone The member class comprises all the attributes of all the members of MPP. The assumption is that, regardless of hierarchal qualification all members of the party share common attributes and inevitably are all members of the party. This assumption gives way for the â€Å"position† attribute within the member class. A member according to the party can be a volunteer that assists the party in some way for no charge. Members are also election candidates who contend regional and national elections. The member doesnt change their nature only their position when they are elected and become either a Member of Parliament or a Regional Assembly Member. As such the member class depicts that it is associated with the creation of all members of the party as they relate to their appropriate use cases within the system. Sufficient contact information is stored on members of the party as they may need to be contacted during election time when the party wishes to implement a rigorous advertising campaign. The email contact of each member may be a useful attribute as it is more efficient to send a mass email to all members than to individually contact them. Name: Donor ID:3 Type: Abstract Description A person other than a member of MPP that donates to the party Associated Use Cases: Record Income Responsibilities Collaborators Full Time Employee Income Attributes Relationships Donor ID Telephone Generalisation: Regional Office(Abstract class) Last Name Address Aggregation: First Name E-mail Other Association: Full Time Employee Title Office Income Date-of-Birth County Income is earned through subscriptions as well as through donations. People who donate to the party does not necessarily have to be a member. A person whos interests are aligned with the policies of the party may choose to donate to their campaign in a hope that they may win the election. Information needs to be stored on such individuals to account for the sometimes large sums of money they may give to the political party. It is also useful where the party wishes to contact these members for one reason or the other. A Donor share similar attributes to members however as they are not members of the party they do not require a position field. However sufficient contact information is kept on these individuals so the party can always keep in touch with them. Name: Employee ID: 4 Type: Concrete Description An Employee of MPP Associated Use Cases: Create a Staff Member Responsibilities Collaborators HR Manager Attributes Relationships Employee ID Telephone Generalisation: Regional Office(Abstract class) Last Name Address Secretary(sub class) First Name E-mail Staff Member(sub class) Title Office Aggregation: Date-of-Birth County Other Association: HR Manager Position The political party hires full time employees to coordinate their activities. These employees are classified under each regional office and withdraw a salary from the party. Employees include Staff Members whose hierarchal classification is determined within each regional office as well as Secretaries who attend to each office of MPP. Name: Secretary ID: 5 Type: Abstract Description An Employee of MPP Associated Use Cases: Create a Member, Contact Member Responsibilities Collaborators Create a Member Member Edit Member HR Manager Delete Member Staff Member Contact Member Attributes Relationships Employee ID Telephone Generalisation: Employee(Abstract class) Last Name Address Aggregation: First Name E-mail Other Association: HR Manager Title Office Member Date-of-Birth County Staff Member Position The Secretary of the party is responsibilities include contacting members as well as adding members to the party. However they can only maintain volunteer records. Staff Members are responsible for the management of the other members of the party. Name: Staff Member ID: 5 Type: Concrete Description An Employee of MPP Associated Use Cases: Create Member, Contact Member, Add Member to Shortlist, Create an Election Candidate, Create a Regional Assembly Member, Create a Member of Parliament, Record Income, Record Expenditure, Generate Financial Report Responsibilities Collaborators Record Income HR Manager Record Expenditure Secretary Generate Financial Report Add Member Edit Member Delete Member Attributes Relationships Employee ID Telephone Generalisation: Employee(Abstract class) Last Name Address Aggregation: First Name E-mail Other Association: Income Title Office Expenditure Date-of-Birth County Financial Report Position HR Manager Secretary Staff members handle the brunt of the work within the party. Staff Members is a general term used to describe all the full time party workers who are employed within the regional offices of the political party. Staff members include all the party workers represented for each county of Contentedland. The duties of these members function similarly to clerical duties within an office. These staff members are allocated duties within the office structure oven though each member is responsible for their respective county that they oversee. Name: Head Office ID: 6 Type: Concrete Description The Head Office of MPP Associated Use Cases: Record Expenditure Responsibilities Collaborators National Officer HR Manager Accountant Attributes Relationships Office ID Generalisation: MPP (super class) Region National Officer(subclass) Address Aggregation: Monthly Rent Other Association: Staff Member Expenditure The Head Office posses the same characteristics as a regional office and it functions similarly as well. The difference between the head office and the regional office aside from its geography, is the employees that it houses. The assumption made is that the national officers within the head office function as managerial employees as would happen within a typical company. It should be structured in a way so that the ten national officers act as the managerial departments of the political party inclusive of the accounts department and the human resource department used within this scenario. Name: Accountant ID: 7 Type: Abstract Description The accountant responsible for the finances of MPP Associated Use Cases: Generate Financial Report Responsibilities Collaborators Financial Report Attributes Relationships Employee ID Telephone Generalisation: National Officer(concrete class) Last Name Address Aggregation: First Name E-mail Other Association: Financial Report Title Office Date-of-Birth County Position The accountant of the MPP is housed within the head office of the party. The accountant has the duty of managing the finances of MPP. The accountant is also responsible for generating the financial reports that are to be audited to produce a tax which the party must incur annually. This expenditure is classified as a sundry expense and must be accounted for within the finances of the party. The accountant is also responsible for ensure that proper control procedures are in place in terms of managing money the party receives. After all he is responsible for maintaining the integrity of the financial records and ensuring that they are in good standing with the laws of the country. Name: HR Manager ID: 8 Type: Abstract Description The HR Manager of MPP Associated Use Cases: Create a Staff Member Responsibilities Collaborators Add Employee Employee Edit Employee Delete Employee Attributes Relationships Employee ID Telephone Generalisation: National Officer(concrete class) Last Name Address Aggregation: First Name E-mail Other Association: Employee Title Office Accountant Date-of-Birth County Position In keeping with the assumption, the HR Manager is classified under the head office as this position is a managerial role. The human resource manager holds the same attributes as any other employee of MPP how ever his duties implicate him to be the one to manage the records of all the employees of the party. Name: Income ID: 9 Type: Abstract Description Revenue generated by MPP Associated Use Cases: Record Income Responsibilities Collaborators Print Staff Member Display Attributes Relationships Invoice Number Generalisation: Income Details Aggregation: ID Number Other Association: Staff Member Amount Financial Report Date Generated Income is generated through two sources in the party. The attributes of income allow for any sort of income to be documented, whether it is a subscription received from a member or a donation given to the party. A staff member is responsible for recording income into the system. The summation of the income table is exported to the financial report to form the net income . Name: Expenditure ID: 10 Type: Abstract Description Expenditure incurred by MPP Associated Use Cases: Record Expenditure Responsibilities Collaborators Print Staff Member Display Attributes Relationships Receipt Number Generalisation: Expenditure Details Aggregation: ID Number Other Association: Staff Member Amount Financial Report Date Incurred Expenditure is incurred from several means. A Staff Member is responsibl

How to Lift Heavy Objects :: essays research papers

How to Lift Heavy Objects It is important to understand how to lift objects correctly. The results of improper handling of materials may result in a painful hernia, a strained or pulled muscle, or a disk lesion. The following rules are to be observed when lifting heavy objects. 1. Do NOT lift an object if it is too heavy or too bulky for good balance. Get help or use mechanical aids such as a dolly or hand truck. 2. Keep the load as close to the centre of your body. The farther the load is from the small of your back, the greater the strain. That is the reason a heavy compact load is easier to lift than a bulky, lighter load - you just cannot get the bulky object close to you. The best way to handle a compact load is to squat down close to the load with one foot alongside it and the other foot behind it. With the feet comfortably spread, you will have better stability with the rear foot in the position for the upward thrust of the lift. 3. Pull the load toward you, then lift it gradually. Avoid quick and jerky motions. Push up on your legs while keeping your back straight. A straight back keeps the spine, back muscles, and other organs of the body in the correct alignment. Tucking in your chin helps to align the spine. No matter what size the load, get as close to it as you can; then get a good grip by using the full palm and extending your fingers and hands around the object. Remember that your fingers have very little power and need the strength of your entire hand. Keep your arms and elbows tucked into the side of your body to help keep the body weight centred. Avoid twisting your body during the lift or while moving the load; change directions by moving your feet. Twisting your body during a lift is one of the most common causes of back injury. 4. Be sure to have a clear vision over the load you are handling. 5. Do NOT change your grip while you are carrying the load. 6. Face the spot in which you intend to set the object down; bend your knees keeping your back as straight as possible and the weight of the object close to your body. 7. Always allow enough room for the load to prevent injury to your toes and fingers.

Regulatory Competition Among Accounting Standards Within and Across International Boundaries

Financial statements that are simple and comparable to the general public may not be in the best interest of the managers. Managers like to manipulate ?nancial reports to suit their own interests. Financial reporting would be easy to just report whatever is in the cash till. Despite the fact that financial reporting would be simplistic, it is better to have complex account than a simple financial reporting. There is no perfect standard for any corporations in the world. An ever changing corporate world makes it harder to ascertain for the prefect standard.However, experimentation with alternatives in a competitive regulatory environment generates data to help identify with the most wanted accounting standards. No single set of standards has been shown to be the best suited for all ?rms. The argument for regulatory monopoly in accounting is often based on the assumption that in the absence of such regulation, there will be no standards. Financial reporting standards act as a template to prevent managers from taking advantage of the shareholders cost of capital and fraudulent behaviour or thoughts.Despite being a set of rules, the financial reporting standards still has its leeway from country to country. With a centrally planned accounting standards, standards setters are susceptible to lobbying pressure especially when disagreement arises between varies interest party. On the contrary, with regulatory competition, standards setters can avoid the lobbying pressure. This is because those who do not like the standard can freely choose another one that is suitable. Analysis For the first claim above, I agree that a simple financial report is favourable to the public but not so to the managers.However, this may not always hold true as it may paint a biased picture favourable towards the managers. This is mainly attributed to the manipulations of the financial report for their own interest. In addition, a financial reporting that only reports the cash in the till wou ld eliminate all the complexity of financial reporting. However, I feel that a complex financial report that depicts the true situation of a company is better than a simple financial statement that just only accounts for whatever is in the till.Having guidelines may be easier for financial reporting but it may leave out certain â€Å"hard to count† assets and liabilities which are crucial in preparing an impartial financial report for the public. Therefore, I agree with the author that a complex financial report that may arise from regulatory competition is better and more precise compared to a guided and simple financial report. Secondly, my apprehension with the experimentations of alternatives is that in reality, corporation may not have the time or resources to try out different alternatives.A failed experimentation with an alternative accounting standard may negatively affect the capital that will be invested in the company by investors. However, I do agree with the auth or that experimentation with different standards through regulatory competition will eventually lead to the perfect accounting standard for every corporation. This is due to the ever changing rules selected in accounting standards through regulatory competition. 3 No single standard setter knows the perfect standards for different industries and circumstances.Hence, I believe that in order to have the perfect standards it is for the best to leave it to the market. Like I have mentioned above, accounting rules are always carefully chosen according to different regulatory competition. Just like the laissez faire concept. Hence, with regulatory competition, the market will decide which standards are the best by allowing corporations to experiment with alternatives. Subsequently, the main argument favouring the harmonisation of accounting tandards is the fear of having no standard with competitive regulations. However, better firms can engage the best quality of audit as an attempt to c onvey their quality over to investors. 2 Firms can convey such message by paying a price premium charged by audit ?rms, which are perceived to provide services of higher quality. This further proves that even without regulations there will still be standards; in fact the reports prepared will be better quality as better audit firms are employed.The up side of using accounting standards set by standard setters is that it is prescriptive. I agree with the writer that in this case, by having prescriptive standards are actually positive as it restricts managers from exploiting the cost of capital belonging to the shareholders. In addition, not all standards that are prescriptive lack flexibility which will hinder professional judgement. An example would be the flexibility between UK GAAP, US GAAP as well as International GAAP despite all coming under the same accounting standards.Finally, I disagree with the author to a certain extend that it will lessen the lobbying pressure. I believe that having regulatory competition may provide for more lobbying opportunities as pressure to conform to authorities who are usually the big corporations or political government are futile to resist. 4 Nevertheless, I agree with the author that regulatory competition will not eliminate lobbying pressure but lessen it. With regulatory competition, accounting standards are diversified hence reducing its vulnerability to lobbyist.Critical appreciation Throughout the whole paper, the author has a strong stand on the differentiation of accounting standards by putting more weight on discussing on the advantages of regulatory competition that arises from differentiated accounting standards. Even though there are discussions on the advantages of having standards towards the end of the paper, there is not much emphasis. However, I agree with the author that his arguments for regulatory competition are not for the elimination of accounting standards.I strongly believe in the Pareto efficient solution for setting accounting standards; for every accounting standards set it will not benefit everyone but as long as it benefits the majority it will be a considerably good standard. Overall, I love this article as it opens up my mind regarding the benefits we can get by adopting regulatory competition by having different accounting standards at the same time emphasised about the consequences of just having regulatory competition.

My Biggest Motivator Essay

Motivate can mean to impel or move to action. In my eyes my mom was just that. My mom worked very hard to instill values and morals in me. She also was a very independent and strong individual. Her story not only motivates me, but also inspires many others in my family. My mom instilled moral and values in me that will last a life time. She made sure we knew the difference in right and wrong at a young age. My sisters and I always knew that not only god was watching us but also she had her eye on us all the time. She always took pride in making sure each and every one of us respected ourselves as well as others. She made sure that we all would grow up a bright young lady’s, by instilling morals. Being a young lady requires one to defiantly have morals. My mother expected us to behave and follow rules at all times, even when we were frustrated at an individual, because we knew it was not tolerated. My mom is a very independent person. My mom raised 7 girls on her own, by staying true to herself and learning from her mistakes, even when times got tough she fought through. My mom worked hard her entire life. I remember times when she would walk to work and sleep on the couch so we had a good night’s rest. There were also times when my mom really struggled but she never asked for aid from a family member or government agency. I can remember my mom always taking care of her children and never giving up. My mom is a very strong person like superwomen. There were times in her life that the average person would have given up. She has given up her health for us, by putting her children first. Some of her health problems would have not been survived by the average person. She was a single mom on a factory salary by being very intelligent women. Being a motivator is never easy. My mom really made it look that way. My mom always made the best of every situation and took pride in raising her children. As I get older I strive to be half the mom she was by instilling values and morals and always being independent and strong.

Ap Nsl

ap nslChapter 18: Reading Questions 1. Read the handout on incorporation doctrine and write a definition of incorporation clarifying the concept of incorporation in your own words as well as explaining the role of the 14th Amendment in incorporation. I will cover this in class! 2. What are the three reasons why the liberties claimed by some people become major issues? Give one or two examples for each reason. 3. Explain briefly how the Supreme Court has interpreted the Free Exercise and Establishment clauses. 4.What are the difficulties in using the â€Å"wall of separation† principle? 5. List and explain the circumstances when the Supreme Court has ruled that freedom of speech may be limited. 6. Define the â€Å"clear-and-present-danger test,† libel, preferred position, prior restraint, imminent danger, and symbolic speech. You may just want to put these straight onto your flashcards 7. Summarize the Supreme Court’s changing interpretations of how to protect bot h the due process rights of accused criminals and to preserve the safety of the community.Define the exclusionary rule and the â€Å"good faith exception. †. Chapter 19 Reading Outline 1. What does the book say is the pertinent question regarding civil rights? 2. What were the strategies that black leaders followed in order to obtain civil rights? Once basic rights such as voting and integration had been obtained, what issues did civil rights leaders focus on? 3. Briefly outline the steps in the NAACP’s strategy in the fight against segregated schools and indicate the success they had in the courts and in implementing desegregation. . What was the issue concerning desegregation vs. integration? How has this issue been resolved? 5. What were the four developments that made it possible to pass civil rights bills? 6. What accounts for the change in attitude in Congress towards civil rights issues from the 1960s to the present? 7. How has the Supreme Court changed in its a ttitudes towards equal rights for women from the early 20th century to today? 8. What are the two standards the Court uses today to in considering sex discrimination cases? What is the debate between those who support â€Å"equality of result† and those who support â€Å"equality of opportunity†? 9. What are the criteria that the Supreme Court has adapted in defining strict scrutiny of any law involving racial preferences? 10. Briefly summarize the highlights of the government’s response to abortion. 11. How did activists for the disabled manage to get The Americans with Disabilities Act passed? 12. Briefly summarize what is included in the law and the objections that some have had to the law.

Women and Work in Canada ( WGST345 ) Assignment

Women and Work in Canada ( WGST345 ) - Assignment Example This interview report will be designed keeping in the mind the topics covered in the course. The respondent I choose to be interviewed is a highly educated 40 years old working woman and a housewife. She completed her MBA in marketing 15-years back from a reputable university. After her graduation, she worked as a management trainee in an Instructional Designing department of a software house for 6 months. After completing her training she joined as an Instructional Designer in a multinational organization. Looking at her financial needs and market value she switched her job and joined as a Lead Instructional Designer in another multinational company. She then continued her career in different organizations and currently she is working as a Senior Instructional Designer in a health care unit. It was important to know that she did not work in isolation; she also got married 10 years ago and now lives with her husband and two children. This respondent was chosen for interview because of two reasons. Firstly she was fulfilling all the requirements that were required for the interviewee. For instance, she is a woman whom I have seen doing paid and unpaid work since last many years and she has an extensive working experience for doing paid and unpaid work. Second, I have always found her frank and cooperative so I was sure that she will agree for the interview and comfortably discuss her work conditions. Indeed she will be happy that I chose her for sharing her thoughts and experiences. I had clear goals in mind when I approached the lady for this interview. My main goal was to focus on her paid and unpaid work that she has previously done and doing today. I wanted to have detailed discussion with her in an informal manner regarding her work routines and responsibilities. Additionally, I was also interested in knowing her views about the issues that working women face in Canadian society: gender discrimination, equity

Was Deng Xiaoping's Foreign Policy a Success or a Failure Research Paper

Was Deng Xiaoping's Foreign Policy a Success or a Failure - Research Paper Example Though China fought with the US in Korea and in case of Taiwan in his period he was successful in being a strategic partner for the US and achieving MFN status for his country. Though Korea and Japan are trade partners for the US in Asia, the policies of the US regarding China even dominated election manifesto of that Country. When discussing the foreign policy of Deng Xiao Ping, it is reasonable to mention about the US. The underlying reason is that in the post-cold war period, US emerged as a single superpower and any country’s foreign policy was compelled to keep the US in consideration if it wants to be a major partner in world trade. Deng’s policy was the matter of discussion because China developed links with the US despite confrontation in past and present (Taiwan). The significant feature in the Deng’s foreign policy is recognizing the US as a sole superpower in the post-cold war period. The growth of China compelled the US to treat human rights and econo mic benefits separately. Development of Sino US relations: From the date of sworn in of George Bush in 1989 till the end of the two-term presidency of Bill Clinton Sino American relations took a dramatic change. Bush even visited China before visiting Europe to state the new priorities and China reciprocated in the same way US responses.1 The communication gap between China and the Soviet Union, the downward trend of Soviet Union’s economy, George Bush’s diplomacy in meeting China’s leadership before Gorbachev met them made this foreign policy a successful thing for PRC (People's Republic of China). In the aftermath of the Tiananmen Square incident, China’s top leadership recognized that the US has its own compulsions regarding the moral and human values. From that point in time, both the countries started responding cautiously to each other’s acts and deeds.  

Decision tree Essay Example | Topics and Well Written Essays - 2000 words

Decision tree - Essay Example So far the example fabric has met PPF’s essential performance standards but additional testing will illustrate if it can attain their maximum specification. Decision hypothesis is a logical and systematic strategy to the analysis of decision making. A fine decision is one that is oriented on logic; reflects on all accessible data and potential alternatives, and the quantitative strategies of data. In terms of the expected values calculated, and consequent decision, it does not matter if costs are to the left of amount or vice versa; though rationally the costs are incurred prior to the site acquisition revenue is earned so it generates more sense to put expenses to the left of amount. Clearly nothing will be achieved if PPF management decides not to go on with the project what he needs to find to decide to drill is an EV for this act that is greater than $0. The EV for drilling is $140k so he should drill. When p (abandoned) = 0 this means the likelihood of it failing to acquire the site and make profit is 1 (i.e. certain) and from the pertinent section of the decision illustration it can be observed that the EV is 1 x -$- Â £14.8.M In case of p (maximum) = 1 then there are two potential it can be possible to buy Curie site or delay decision making and maintain Faraday site. These double events are equally exclusive and comprehensive so must add up to 1. To attain this one must normalize the probabilities of buying the Curie site and expanding Faraday site to make them add up to

Report choosing one of public limited company, which i chose Crawford Essay

Report choosing one of public limited company, which i chose Crawford & Co., and do research. You will then need to obtain a cop - Essay Example The evaluation has been done by comparing the performance of the stock of the company with other competitors. The analysis reveals that the share of Crawford and Company is not performing well and is price of the shares are much below that the other players in the insurance industry. Moreover, the earning for the investors is also low. The risk reward rating dismisses the expectation of the market for the future cash flow with the current cash flow. Finally the after conducting the technical analysis and looking at the P/E ratio, it has been suggested to the investors they might go with a purchasing decision. Furthermore, the company has been recommended to incorporate steps in order to make the shares more attractive. Introduction Crawford and Company is a multinational organization, headquartered in United States and provides claim management solutions to insurance and risk management industry on global scale. ... It also provides services to self-insured entities in more than 70 countries. The company aims at offering claim services, consulting services and business process outsourcing for a range of product lines. These include casualty claim and property management techniques, compensation claims for the workers, medical claim management and administration of legal settlement. The company has employed around 8478 hard working employees who contribute to the development company. The company belongs to the financial sector and insurance brokers industry (Crawford and Company, 2013b). The company has earned revenue of $1,266.1 million as of 2012, experiencing a rise in revenue by 4.5%. The operating profit of the company has however increased by 42.8% in 2012 from 2011. The net profit is measured as $48.9 million in 2012, which has also increased by 7.7% from 2011 (Crawford and Company, 2013a). Strategic capabilities In order to attain the strategic objectives Crawford and Company focuses on t heir strategic capabilities by highlighting on their mission and vision statement. The company wants to establish itself as the premium company that provides administrative solutions and custom claims in each and every market they operate. For this they aim to act with integrity, honesty and responsibility, provide value added services to their customers, encouraging positive communication with the customers and the employees and recognising the value of the contribution made by the employees. They consider the employees as an integral part in achieving their strategic objectives. In this respect, they aim to provide safe and healthy working environment for them and

The Omnivore's Dilemma Essay Example | Topics and Well Written Essays - 1250 words

The Omnivore's Dilemma - Essay Example Subjects such as cattle industry, the capon industry, the hidden costs of industrial farming, local versus industrial organic farming, fast-food, the ethics of eating animals, the meaning of food in our lives are analyzed aptly. The basic question clarified by Pollan is ‘what type of food should be laid on the table?’ The meaning of food in our lives is discussed in relation with ideas from the Pollan’s ‘The Omnivore’s Dilemma’. Aspect, Origin and Significance of Food Human beings are scientifically classified as omnivores, hence are capable of consuming both flesh and plants. The fact still stands that not all foods are nutritious and edible; thus man tends to be choosy on what to love and hate. Pollan has remarkably assisted his readers on what to consider when selecting food. He states that innumerable individuals eat what their culture perceives as healthy food; therefore, are restricted to try other types of food (Murcot, 203). â€Å"The lack of a steadying culture of food leaves us especially vulnerable to the blandishments of the food scientist and the marketer†¦Ã¢â‚¬  (Pollan, 5) In his quest, Pollan explores to find differences amid solar-powered food and fossil fuel-powered food. Feedlot is examined by Pollan and finds out that it has made more problems than solutions in producing substantial food. He does this through finding disparities amid economic logic and evolutionary logic; and systems that manufacture food without problems and those with problems. Anxiety is stirred up when a person has to choose on the type of food to eat. Pollan states this statement strongly believing how the process is remarkably difficult. Majority of the Americans struggle to get thin whilst they get fat as time elapses. The Omnivore’s Dilemma illustrates how American citizens are dysfunctional eaters, and fail to make precise choices in selecting appropriate food for consumption. Consequently, Pollan tries to find a solution to this problem by beginning to analyze the raw foods grown in the soil and ends with cooked and refined meal. Pollan also approaches this journey of emphasizing on the implication of food to omnivores by examining corn. He does his research in supermarkets by analyzing the type of foods grown in the area. He explains the origin of corn and the use of chemical fertilizers (Pollan, 15). Corns are the center of the innumerable foods put up for sale in supermarkets. The Omnivore’s Dilemma states that ingredients of industrial foods contains corn, which is broken down to simple molecules and matter that are combined with other substances to come up with a done produce. The populace and the community should watch on the pervasive diseases such as ‘obesity’, ‘diabetes’ and ‘heart disease’ that are majorly caused by too much of industrial foods. It has been established that corn and oil is the heart of the food industry. Examples of f oods that are extracted form oil and corns are burgers, fries that are exceptionally admired in American food shops center and fast food hotels (Pollan, 109). Corn makes up more in than a quarter of the types of foods sold in supermarkets. In his research, he visited the Chicken Mc Nuggets and found out that corn makes up 13 of the 38 constituent. This proves how essential corn is in the production of foods in industries. The food chain that he presents initiates form the corn. The human society is now facing difficult food choices

Cost of Opportunity Essay Example for Free

Cost of Opportunity Essay Assuming the best choice is made, it is the cost incurred by not enjoying the benefit that would be had by taking the second best choice available. [1] The New Oxford American Dictionary defines it as the loss of potential gain from other alternatives when one alternative is chosen. Opportunity cost is a key concept in economics, and has been described as expressing the basic relationship between scarcity and choice. [2] The notion of opportunity cost plays a crucial part in ensuring that scarce resources are used efficiently. [3] Thus, opportunity costs are not restricted to monetary or financial costs: the real cost of output forgone, lost time, pleasure or any other benefit that provides utility should also be considered opportunity costs. Contents [hide] 1 History 2 Opportunity costs in consumption 3 Opportunity costs in production 3. 1 Explicit costs Implicit costs 4 Non-monetary opportunity costs 5 Evaluation 6 See also 7 References 8 External links History [edit] The term was coined in 1914 by Austrian economist Friedrich von Wieser in his book Theorie der gesellschaftlichen Wirtschaft. [4] It was first described in 1848 by French classical economist Frederic Bastiat in his essay What Is Seen and What Is Not Seen. Opportunity costs in consumption [edit] Opportunity cost may be expressed in terms of anything which is of value. For example, an individual might decide to use a period of vacation time for  travel rather than to do household repairs. The opportunity cost of the trip could be said to be the forgone home renovation. [citation needed] Opportunity costs in production [edit] Opportunity costs may be assessed in the decision-making process of production. If the workers on a farm can produce either one million pounds of wheat or two million pounds of barley, then the opportunity cost of producing one pound of wheat is th e two pounds of barley forgone (assuming the production possibilities frontier is linear). Firms would make rational decisions by weighing the sacrifices involved. Explicit costs [edit] Explicit costs are opportunity costs that involve direct monetary payment by producers. The opportunity cost of the factors of production not already owned by a producer is the price that the producer has to pay for them. For instance, a firm spends $100 on electrical power consumed, their opportunity cost is $100. The firm has sacrificed $100, which could have been spent on other factors of production. Implicit costs [edit] Implicit costs are the opportunity costs in factors of production that a producer already owns. They are equivalent to what the factors could earn for the firm in alternative uses, either operated within the firm or rent out to other firms. For example, a firm pays $300 a month all year for rent on a warehouse that only holds product for six months each year. The firm could rent the warehouse out for the unused six months, at any price (assuming a year-long lease requirement), and that would be the cost that could be spent on other factors of production. Non-monetary opportunity costs [edit] Opportunity costs are not always monetary units or being able to produce one good over another. The opportunity cost can also be unknown, or spawn a series of infinite sub opportunity costs. For instance, an individual could choose not to ask a girl out on a date, in an attempt to make her more interested (playing hard to get), but the opportunity cost could be that they get ignored which could result in other opportunities being lost. Evaluation [edit] Note that opportunity cost is not the sum of the available alternatives when those alternatives are, in turn, mutually exclusive to each other – it is the value of the next best use. The opportunity cost of a citys decision to build the hospital on its vacant land is the loss of the land for a sporting center, or the inability to use the land for a parking lot, or the money which could have been made from selling the land. Use for any one of those purposes would preclude the possibility to implement any of the other. See also [edit] Economics portal Budget constraint Economic value added Opportunity cost of capital Parable of the broken window Production-possibility frontier There Aint No Such Thing As A Free Lunch Time management Trade-off