.

Monday, September 30, 2019

Business Policy Essay

Please discuss, in detail, what is meant by a hierarchy of strategy According to our textbook, A hierarchy of strategy is a grouping of strategy types by level in the organization. Hierarchy of strategy is a nesting of one strategy within another so that they compliment and support one another (Wheelen Hunger, 2012, p. 20). A companys functional strategies are nested within its business strategies, which is in turn nested in the overall corporate strategy. Since Im in the Air Force, I like to compare this to the different functional levels of command tactical, operational, and strategic. Each is nested within each other and compliments/supports one another just like a hierarchy of strategy. Most members operate at the tactical level (functional) then move up to the operational level (business) as they get promoted through the ranks. Leaders operate at the strategic level (corporate) ensuring that the overall mission/direction of the organization is being accomplished according to pla n. Although a hierarchy of strategy is optimal for most companies, many companies feel that a functional organizational structure is not an efficient way to organize activities, so they have reengineered according to processes or strategic business units (SBUs). A SBU is a semi-autonomous unit that is usually responsible for its own budgeting, new product decisions, hiring decisions, and price setting. An SBU is treated as an internal profit centre by corporate headquarters (Strategy, 2014). QUESTION 2 Please discuss, in detail, what you think constitutes a good corporate strategy and why Our textbook states that, Corporate Strategy describes a companys overall direction in terms of its general attitude toward growth and the management of its various businesses and product lines. Corporate strategies typically fit within the three main categories of stability, growth, and retrenchment (Wheelen Hunger, 2012, p. 19). refers to the plan of action, a sense of direction, and a corporate strategy refers to the overall scope and sense of direction to the organization on the whole. It represents the way in which the various business operations work together in the quest to achieve the organizational objectives. A corporate strategy should be formula ted after taking into consideration the overall market and environmental analysis. Proper recognition of the mission, vision and objectives of the organization should be kept in mind before the formulation of the corporate strategy.

Sunday, September 29, 2019

Important Soft Skills for University Essay

Competition for jobs is very tight right now due to the many people who apply for jobs or at least the capacity of workers. Of course the graduates will work and will compete with the graduates themselves or other college graduates. Thus students should prepare themselves to compete before and after it passed in getting a better job. Develop hard skills are the main answer to success in getting the job. However, it is not enough hard skill capabilities, but must be balanced with the ability of soft skills in meeting the challenges while doing the work. By Admin working world believe that human resources are superior to those who not only have hard skill proficiency, but also an expert in soft skill aspects. Added also, that the world of education, revealed by research at Harvard University by the United States turns a person’s success is not determined solely by the knowledge and technical skills (hard skills), but more by the ability to manage ourselves and others (soft skills). From the above, we can see that the importance of hard skills and soft skills for anyone who wants to get or when doing the work. Thus required that every student should improve the hard skill and soft skill in preparing for the world of work during their studies. This is in line with the Higher Education Long Term Strategy 2003 – 2010 (Directorate General of Higher Education, 2004) which was formulated by the Ministry of Education clearly states that the role of higher education in increasing the competitiveness of nations is vital given the level of competition of human resources in the national labor market and International continues to increase with increasing application of science and new technologies in various fields of business, as well as the need for a level of professionalism (knowledge, hard skills, soft skills) are higher. Soft skills  Soft skills are personal attributes that enhance an individual’s interactions, career prospects, job performance and education. Soft skills complement hard skills, which are the technical requirements of a job, education and many other activities. Soft skills are skills that effect how people interact with other people, and also intrapersonal and interpersonal skills, such as one’s attitude, communication skills, time management abilities, ability to work under pressure. Soft skills can be said to incorporate all aspects of generic skills that include the cognitive elements associated with non-academic skills. The reorientation of education which is one trust of education for sustainability also relates the importance of these so-called soft skills. Vast research and expert opinions have been sought in the effort to determine the specific soft skills to be implemented and used in higher institutions of learning such as university level. Based on the research findings obtained, seven soft skills have been identified and chosen to be implemented in all institutions of higher learning here and university student. They are: * Communicative skills. * Thinking skills and Problem solving skills. * Team work force. * Life-long learning and Information Management. * Entrepreneur skill. * Ethics, moral and professionalism. * Leadership skills. Each of the soft skills comprised of several sub-skills. These sub-skills are divided into two categories of implementation. The first category delineates the soft skills that every individual must have and the second category represents soft skills that are good to have. Despite the emphasis being put on the soft skills that must be present, it is also encouraged to inculcate the soft skills that are good to have. All elements of soft skills must be acquired by each individual student and evaluated effectively and comprehensively. Soft skills must be acquired by each and every individual in the institutions of higher learning without which, the student is regarded as incompetent in the above skill. Soft skills can be regarded as the additional generic skills and a bonus to the student. It can be observed that education is an essential tool for achieving sustainability for university student such as communication skills. Communication skills are essential for the successful future career of a student. In today’s competitive world, communication skills in business are the most sought after quality of an educated person. Reading, writing and listening carefully are the three most important communication skills for students. These skills like most of the communication skills sounds too familiar as a result of which we take them for granted. As regards reading and writing, the only thing that we need to tackle is to adapt with our growing age and concentration. With these two qualities, it is possible to develop reading, oral communication skills, writing skills and increase Ability to deliver idea clearly, effectively and with confidence either orally or in writing. Apart from reading and writing presentations, reports and speeches are a part of university curriculum. This makes expressive skills and managing skills also important for a university student. It is also important to develop communication skills in relationships. FINDINGS 1. Soft skills that are important for university student. Communication skills The communicative skills involve effective communication in both the national language and English language in different contexts and with different people. Communicative skills are an integral part of any education system either in higher education or lower education. At this very level, emphasis has been given to develop the communicative skills of individual in university so that by the time they leave university, they are able to participate in public community activities and decision making. What is found to be missing in among university student is the lack of communicative skills. The absence of good communicative skills somehow or rather has an influence on the poor presentation of their views and decisions made to gain other’s confidence and respect. â€Å"Real communication occurs when we listen with understanding – to see the expressed idea and attitude from the other person’s point of view, to sense how it feels to him, to achieve his frame of reference in regard to the things he is talking about. † Carl Rogers (1952, p. 3) As we can see if students apply these skills, student able to deliver idea clearly, effectively and with confidence either orally or in writing, moreover, student also can communicate with individual from a different cultural background. Thus, this is a good time to reorientate the curriculum of higher institutions to embed communicative skills more effectively. Critical Thinking and Problem Solving Skills This skill includes the ability to think critically, creatively, innovatively and analytically. It also involves the ability to apply knowledge and understanding to new and different problems as well. The critical thinking skills, skills to organize and interpret data and information, skills to formulate questions and the ability to analyze issues that confront communities are greatly addressed in the reorientation of basic education. The following are some examples of skills that are similar to the soft skills being emphasized in the university curriculum. The ability to think about systems (both natural and social sciences). * The ability to think in time-to forecast, to think ahead, and to plan. * The ability to think critically about value issues. * The ability to separate number, quantity, quality and values. All the above skills are important and students will require them as adults. The Skill of Team Work The ability to work with people from different social cultural background to achieve a common goal. Students are encouraged to play their role in the group and to respect opinions and attitudes of others in the group. They are also expected to contribute to the group plan and coordinate the group effort besides being responsible to the group decision. If the future human capital can attain these skills, we can be rest assure that the future generation for university student will collaborate ideas and cooperate a taskforce towards the well-being of the nation. 2. Reason why some university student are not equipped with the soft skills According to the former Higher Education Minister Datuk Mustapa Mohamed, the failure of graduates get jobs is because they do not have the soft skills required employer. He said that apart from poor command of English, is narrow-minded graduates, no leadership, a sense of belonging and no communication skills. In the dialogue between the Ministry of Higher Education and employers in the country, many say not employed university graduates because they have no soft skills (Bernama, 2007). as we see the dialog above, students nowadays less exposure to soft skills such as writing strategy, communication and critical thinking strategies, in addition, weak command of English is also included in the factor of lack of communication skills among university students. The next factor is, some students lack the confidence to speak in public, this is because, they afraid that they will mistakenly say, or embarrassed to talk and lack of preparation in an assignment or presentation. Other factors such as poor critical thinking can also be seen among university students, because students are not applying a concern or complacency of what the students’ own doing. Next, students are also less skilled organize, interpret data and information in some of the tasks assigned by the lecturer, this made the task is not complete and does not meet what is required by the lecturer. In this situation, we do not also have to blame the student, the university should also encourage students to apply soft skills in themselves. 3. Some efforts are made to develop students soft skills There are many ways of improving soft skills. One of them is through learning by doing. Besides the soft skills can be honed and improved by following the training and management seminars. Although, one powerful way to improve the soft skills by interacting and doing activities with others. Follow the organization is one way to interact with others. In order to develop the attributes of soft skills in university students, self-evaluation is required of every student of the power which is currently owned, as well as weaknesses. The students were given a questionnaire that contains the attributes of soft skills. Then fill it with a mark which had enough they have and which ones still need to be developed. Attributes that appear in the list of the most visible attributes so which ones have the highest mode to be developed. Then a course where a student are reviewing the vision of his study program, and seeks to combine the expectations of students, expectations and resources in the institution. Thus be selected several important attributes that need and developed for his students. Development of soft skills in university can also be done through the learning process and student activities in extra-curricular activities or co-curricular activities. Most importantly, this is not material soft skills rote but practiced by individuals who are learning or who want to develop it. By the time students want to develop interests and talents in the field of sports for example, often supervising sports activities always focus on the techniques of how to win the match to be performed by the students. Conscience must be developed to be able to govern themselves and to interact with others. FURTHER RECOMMENDATIONS Model for implementing soft skills in higher education A holistic approach is used to plan and implement the soft skills among students of higher education. This approach is based on the combination of several programs and main activities formal teaching and learning activities (include all curricular and co-curricular elements), support programs (academic and non-academic focused) and the students campus life. In general, the development of soft skills among the students via the formal teaching and learning activities takes two models which is stand alone and embedded. Stand Alone Subject Model This model uses the approach of training and providing opportunities to students to develop soft skills through specific courses that are carefully planned for this purpose. Usually, these subjects are offered as university courses such as English language, entrepreneurship, and elective courses such as public speaking, critical thinking. The courses in this category are often a part of the overall requirements that make up the program. The number of courses and credits in this category depends on the curriculum design and the requirements of the program. The stand alone subject model can also be initiated by encouraging students to sign-up several additional courses which can be accumulated to be a minor course which is different from the initial program signed-up. For example, a student who is pursuing an engineering program is encouraged to take minor courses in management or mass communication. However, such an approach will require an increase in the number of credits and time spent for the particular program. Embedded Model This model uses the approach of embedding the soft skills in the teaching and learning activities across the curriculum. It does not require the student to take special courses as in the stand alone subject model. Instead the students are trained to master the soft skills through various formal teaching and learning activities that are planned and carried out using specific strategies and methods. In this way, the content and learning outcomes to be achieved for the respective courses are maintained. The learning outcomes related to the soft skills will be integrated and be part of the learning outcomes of the respective courses. This is the suggested model to be implemented in all the courses for the different programs in institutions of higher learning. Each element of soft skills is spelled out in the learning outcomes and then translated into the instructional plan for the semester. This is followed by implementing several teaching and learning activities such as questioning, class discussion, brain storming, team work, presentation, role play and simulation, project, field work and site visits. In general, the development of soft skills using the embedded model requires the expertise of the lecturers to use the various teaching strategies and methods that are entirely student-centered. It also involves active teaching and learning and students should participate actively in the activities. Some of the appropriate strategies and methods that are practical include learning by questioning, cooperative learning, problem-based learning (PBL), and e-learning. CONCLUSION To live to the challenge of globalization which is in line with the era of information economy, the strength of a nation is strongly dependent on the ability of its citizen to be highly intellectual and skillful. The development of human capital in university student is thus important and necessary since it drives the nation to the envision vision and mission. Without a quality human capital, a nation will be weak as there is no human factor that is capable to embark on new initiatives and perspectives. A quality human capital comes from a quality education process. A carefully designed and well planned education system is critical to developing such human capital. Thus, institution of higher learning plays a very important role to produce a human capital that is highly knowledgeable and skillful to meet the demand and expectations of many people. The teaching and learning processes in institutions of higher learning should be capable to provide such knowledge and skills to future graduates. We can see good results and positive when university students adopt or emphasize soft skills in themselves. (2511 Words) Reference Groupfenglish, (27 May 2011). The important of soft skills development in education. [Online]. Available: http://blogs. funiber. org/formacion-profesor/2011/05/27/the-importance-of-soft-skills-development-in-education/ Vishal jain, (22 February 2009). Important of soft skills development in education. [Online]. Available: http://schoolofeducators. com/2009/02/importance-of-soft-skills-development-in-education/342 TITLE: NEED AND IMPORTANCE OF SOFT SKILLS. Dr. A. Muthumanickam,. Reader,. Department of Education, Madurai Kamaraj University. http://dspace. unimap. edu. my/dspace/bitstream/123456789/5819/1/NEED%20AND%20IMPORTANCE%20OF%20SOFT%20SKILLS. pdf Chapter in a Book by More than Three Authors: S. Sivagnanachelvi. (2008). English For Oral Communication : Communication (Second Edition). Open University Malaysia (OUM) : Dr Woo Tai Kwon.

Saturday, September 28, 2019

Buying Electric Vehicles in Australia

According to Tucker (2016), the majority of electric cars sold in Australia are purchased by commercial buyers. In 2015, only 2000 EVs were sold, compared to the 1.1 million new petrol and diesel powered cars sold during the same period (Tucker, 2016). This occurrence can be best explained by the concept of price elasticity of demand. The demand for electric cars follows the law of demand which stipulates that the higher the price of the product the fewer consumers are willing to purchase the product. Thus, given that the prices for EVs are much higher than the prices of traditional motor vehicles, consumers are more reluctant to shift to the new product. Typically, the price elasticity of demand is affected by the existence of substitutes and the proportion of consumer’s income that is spent on the product. Characteristically, EVs have a high elasticity of demand (Fan &Hyndman, 2010). Mainly, this is because the commodity is considered as a luxury good whose purchase can be postponed to a later date. Besides, there are various alternative and cheaper substitutes that the consumer can buy instead of the highly priced EVs. The high demand elasticity for the EVs has resulted in minimal sales to individual customers who prefer cheaper petrol powered cars. In contrast, commercial buyers opt to buy the products and resale them later to prospective buyers at a greater profit. The existing luxury car tax has a significant influence on the EV market. Ordinarily, high taxes are a great disincentive to individuals seeking to purchase any form of goods. Typically, taxes increase the cost of buying a product by increasing the price payable for the product. Thus, the luxury car tax imposed on EV cars imposes enormous costs to the purchaser. As such, the tax leads to a higher upfront purchase price, thereby discouraging potential buyers from purchasing the product (Duff, 2015). It is noteworthy that while other countries offer stamp duty reductions for EV purchases, there are no such provisions in Australia. In addition, the Australian government provides no federal tax incentives for consumers to purchase EV cars (Tucker, 2016). Consequently, this has significantly suppressed the demand for electric vehicles in the country as most individuals find them too expensive compared to the alternative petrol cars. Reports indicate that dealers do not want to sell electric vehicles to the Australian population (Tucker, 2016). By and large, this situation is attributed to the cost structure and potential revenue loss resulting from the acceptance of EVs into the Australian economy. Specifically, EVs have generally low servicing requirements that are less costly than the traditional diesel or petrol powered cars (Hills, 2014). Ordinarily, most mechanical failures and maintenance costs arise from the combustion engine of the gasoline powered cars. Interestingly, these mechanical failures cost the consumers a lot of money which act as the primary source of revenue and profits for most dealers (Howard 2013). But, the electric vehicle technology is designed with few moving parts, and their servicing costs are minimal (Tucker, 2016). In turn, this creates a financial conflict of interest and acts as a disincentive to dealers, who opt not to sell EVs in the Australian market. It is rational to think that the EV market will expand and prosper in the future given the changes in the resource market. At the moment, the primary substitutes to electric cars are the traditional locomotives which fully rely on petrol or diesel power. Given the trend characterised by continuously rising oil prices caused by cyclical fluctuations in the supply of the commodity, maintaining gasoline-powered vehicles may become quite expensive in the future. Subsequently, the high oil prices will force consumers to seek alternative products that do not require petrol or diesel. In turn, this will lead to an upsurge in demand for EVs in the country. Additionally, government policies with regard to the environment will lead to an increase in demand for EVs. Particularly, strict anti-pollution laws and anti-emission regulations will force manufacturers to reduce their production of traditional vehicles and move towards the production of environmentally sustainable cars. What is more, adopting zero emission vehicle ownership incentives for car owners will create an inducement for individuals to purchase EVs. In turn, this will intensify the demand for electric cars. Most importantly, the change in tastes and preferences of consumers for environmentally friendly vehicles will lead to the prosperity of the EV market (Tucker, 2016). Consumers’ habits and mentality are changing as they can discern the numerous advantages that come with the ownership of EVs. As such, consumer awareness as to the effectiveness and eco-friendliness of this technology has increased significantly. Consequently, this is bound to increase the demand for electric vehicles. It is worth noting that accelerating the pace and the growth of the EV market requires a coordinated and dedicated action by the government, manufacturers, dealers and consumers (Glerum et. al.). First, the Australian government should enact supportive policies that will guarantee that EV purchasers can get the full economic value of their choice to shift from the traditional model cars to electric cars. Additionally, the government should provide substantial tax incentives and deductions for EV ownership and purchases. Fundamentally, this move will lead to a significant reduction in the overall price of the product. Â  In turn, this will motivate and entice reluctant individuals to purchase electric vehicles, thereby expanding the market. Likewise, the government should offer buyers considerable zero emission vehicle ownership incentives to encourage individuals to shift the to the eco-friendly electric vehicle technology (Harvey, 2013). Notably, the incentive has been adopted in countries like the US and Europe and has worked magnificently to improve and expand the EV market in these economies. The government in collaboration with EV manufacturers could also set up enabling infrastructure to ensure that EV owners have adequate access to ultra-fast charging stations. By so doing, they will guarantee that EV owners will have convenience without the fear of running out of charge. Duff, C. (2014). Why Australians aren't buying electric cars - yet. Cars Guide. Retrieved 3 January 2017, from https://www.carsguide.com.au/car-news/why-australians-arent-buying-electric-cars-yet-30869 Fan, S. & Hyndman, R. (2011). The price elasticity of electricity demand in South Australia (1st ed., pp. 1-17). Clayton, Victoria: Business and Economic Forecasting Unit, Monash University. Retrieved from https://robjhyndman.com/papers/Elasticity2010.pdf Glerum, A., Stankovikl, L., Themans, M. & Bierlaire, M. (2013). Forecasting the demand for electric vehicles: accounting for attitudes and perceptions (1st ed., pp. 12-24). Ecole Polythenique Feredale de https://transp-or.epfl.ch/documents/technicalReports/GleStaTheBie_2012.pdf Harvey, D. (2013). Exploring the adoption of EVs in the US, Europe and China; charging scenarios and infrastructure. Green Car Congress. Retrieved 3 January 2017, from https://www.greencarcongress.com/2013/08/icct-20130806.html Hills, G. (2014). Electric car maker Tesla charges into the Australian market with Model S. ABC. Retrieved 3 January 2017, from https://www.abc.net.au/news/2014-12-03/electric-car-maker-tesla-charges-into-the-australian-market/5938528 Howard, B. (2013). EVs are better and cheaper, so why aren’t they selling? (Actually, they are). Extreme Tech. Retrieved 3 January 2017, from https://www.extremetech.com/extreme/165094-evs-are-better-and-cheaper-so-why-arent-they-selling-actually-they-are Tucker, H. (2016). Why Australian dealers don't want to sell electric cars. Business Insider Australia. Retrieved 3 January 2017, from https://www.businessinsider.com.au/why-australian-dealers-dont-want-to-sell-electric-cars-2016-1

Friday, September 27, 2019

United States v. OHagan Essay Example | Topics and Well Written Essays - 500 words

United States v. OHagan - Essay Example His actions would directly impact the shareholders and other stakeholders in the company in a big way. In the present case, O’Hagan has used the non-public information to his advantage to make huge profits, which consequently caused serious losses to other shareholders. Although the way O’Hagan obtained this information is very nonrepresentational and abstract, his association with the law firm, and in the process of takeover makes his case strongly liable to the shareholders under the  §10(b). The  §10(b) in reality prohibits any act or accomplishment that results in fraud or deceit related to purchase or sale of any security. In the present case, O’Hagan has involved in an act which is fraudulent and deceitful from other stakeholders of the company. The excerpts from Justice Ginsberg’s decision state, â€Å"Under the â€Å"traditional† or â€Å"classical theory† of insider trading liability,  §10(b and Rule 10b-5 are violated when a corporate insider trades in the securities of his corporation on the basis of material, non-public information. The classical theory applies not only to officers, directors, and other permanent insiders of a corporation, but also to attorneys, accountants, consultants, and others who temporarily become fiduciaries of a corporation.† Even the law of misappropriation holds that misappropriating confidential information for securities trading purpose would be a breach of duty owed to the source of that information, which gives rise to a duty to disclose or abstain. O’Hagan’s case is a clear deception of conduct related to securities transactions. The  §10(b) holds that any action taken by anyone associated with the principal in any manner and/or had access to non-public information that would be used to their advantage is liable to the shareholders. O’Hagan although was not an insider, in sense, he had the information about the takeover, and his association with Dorsey

Thursday, September 26, 2019

Compare the yoga system prescribed in the Yoga Sutra to that Essay

Compare the yoga system prescribed in the Yoga Sutra to that prescribed in the Yogavasistha - Essay Example On the other hand, Yoga Vasistha allows an individual to dismiss delusions tied to life that it is just an ordinary event, even in the supreme state. This form of Yoga also indicates that falling of the body cannot lead to failure of the Self (Venkatesananda, 88). Vasistha is quoted to welcome all vagrants that have not found the right path by allowing them to come to terms with the truth through Yoga. Unlike in Yoga Sutra that mostly focuses on identifying the truth, Yoga Vasistha lets the minds inquire about the Self through a person’s consciousness. In this sense, the individual disbands concepts in his/her own perception. However, the individual undergoes a process of spiritual search in both forms of Yoga, in order to come to a certain state of consciousness. The sole aim of both forms of Yoga is to reach a balanced state of mind that would allow an individual to discern the meaning of various

Trends in healthcare services Essay Example | Topics and Well Written Essays - 500 words

Trends in healthcare services - Essay Example This option is optimal because it enables the government to collect adequate funds from the workers for the national health insurance program. In addition, this platform is fair to all the groups of workers considered as it applies the charges as a percentage of their payroll; hence a worker contributes an amount relative to his or her salary. This also makes the platform fair for all (Diamond & Vartiainen, 2012). Currently, there exist different types of health insurance plans that individuals can opt for in a quest to secure health insurance. In addition, there also exist a number of health maintenance organizations, capitations, as well as preferred provider organization within the health insurance market. These different platforms of health security and insurance have a significant effect on the trends of healthcare services today. For one, these aspects have made it possible for more people within the population to be in a position to afford and access quality medical healthcare services despite their income levels, especially considering the high cost of medical services within the United States. In fact, the US is one of the developed countries that has the highest or the most expensive health care program in the world, thereby subjecting a great portion of its populace to poor health care services due to unaffordability (Feldstein, 2011). Nowadays, a health insurer has to consider a number of factors, on both the economic as well as the societal platforms that affect the pricing and demand of health care services within the market. Health insurance exists in order to provide the people with access to quality medical healthcare. However, the people need to afford these insurance policies in order to be in a position to subscribe to them appropriately. Therefore, in setting the price for these health insurance programs, the insurers need to consider the income levels of each

Wednesday, September 25, 2019

Answer a sustainability memo Essay Example | Topics and Well Written Essays - 250 words

Answer a sustainability memo - Essay Example Starting with nutrition, McDonalds promotes the use of natural fruits and vegetables directly from the firm. Also, it has specially designed milk products with low fat contents for children. By tailoring their efforts to meet specific consumer demands, this company has managed to cut down on wasteful supply of food products. As regards to environmental conservation, McDonalds has partnered with several other agencies to carry out research aimed at developing sustainable and environmentally friendly packaging materials. By reducing effective weight as well as improving the design of materials used for packaging, the firm has significantly reduced the amount of raw material required to make the packages. In addition, the package materials are organic in nature, hence biodegradable. This reduces the environmental impacts of the waste packets. McDonalds has further taken measures to tap the most of the recyclable green energy. In their restaurants, they have installed solar panels and wind turbines so as to utilize the solar and wind energy respectively. These actions reduce the overall dependence on oil energy that is not only non-recyclable, but also the greatest contributor to air pollution

Tuesday, September 24, 2019

DEMAND MANAGEMENT AND ENERGY STORAGE Essay Example | Topics and Well Written Essays - 3000 words

DEMAND MANAGEMENT AND ENERGY STORAGE - Essay Example Decreasing generation would technically increase the dependency on conventional resources and that it will not entail additional costs. The third section explores the optimal combination of different renewable energy sources for Scotland. Although a national report says that there is not right mix that would work best for the country, the combination of wind and marine power is recommended nevertheless. Finally, the fourth section discusses the importance of energy storage for renewables. It further explores additional storage facilities that Scotland would need to effectively accommodate future demand. This report concludes that fully realizing the potential of Scotland will make the country one of the largest sources of renewable energy, thereby affecting demand in the global scale. II. Scenarios for Generating Renewable Energy: Impact on Demand Management A. Background Renewable energy is a major potential alternative to moderating the effects of climate change. However, renewable energy sources only account for 19.6% of global electricity and 13.5% of global energy demand (IEA, 2004 cited in Neuhoff, n.d.). While they are indeed limitless and reduce costs of operations in energy generation, renewable sources produce an unreliable energy supply since the weather, on which renewables greatly depend, can become very unpredictable so that its generation may not come in consistently large quantities that meets demand. Generation of renewable energy relies on several technical, economical, and social and environmental factors (Kopacek & IFAC, 2006). Much of the carbon emissions come from conventional electricity consumption and transportation but renewable energy sources encourages a harmless ecological exploitation because they do not give off hazardous byproducts (e.g. carbon dioxide) upon consumption. In the United Kingdom, Scotland generates 50% of country’s renewable energy chiefly from wind, hydropower, marine and biomass sources (Great Britain House of Lords, 2008). As a matter of fact, Scotland has approximately 60 GW of raw renewable electricity sources that could make the country a world leader in renewable energy generation (Scotland, 2009). The country can generate renewable energy five times more than it consumes (McDermott, 2010). But the challenge remains, however on the transmission of this energy potential in which regulatory, financial, logistical, and environmental factors should be taken into account especially in improving the grid network and the policy considerations (Scotland, 2009). The Scottish Government, in response to its commitment to reduce carbon emissions by at least 42% in 2020, aims to â€Å"flex generation [of electricity] to meet demand, and ...flex demand to meet generation† (Scotland, 2010a). Taken from a national report, the following scenarios present how RE generation affect demand management in Scotland. In all three scenarios, demand levels are satisfied. In the second and third scen arios, supply will exceed demand with transmission upgrades, constraints approaches , and reduction of demand in consideration. B. Scenario 1 The Scottish Government had recently increased its renewable target to 80% for 2020 due to the expansion in wind power through which renewables may be

Monday, September 23, 2019

Human Figures in Landscapes Article Example | Topics and Well Written Essays - 2000 words

Human Figures in Landscapes - Article Example These three paintings are placed on the timeline between the 1950s to almost the present time. The immediate years post-war witnessed a heightened level of cultural nationalism during which aboriginal cultures gained considerable weight (Foss, Paikowsky& Whitelaw, 2010, 357).The selected paintings also show a chronological growth from the 1950s to the present time in painting a theme like this. The paintings extend from 1956 to 2007 and that is a time in which a lot of things changed and many new techniques and schools emerged. But in my paper, I do not want to link these paintings to any such type of restrictions along the lines of schools of arts or any specific technique. I am going to compare them with each other only on the basis of the theme that I selected for the paper and that is Human figures in landscapes. So I will just compare them according to how well the theme is presented in all three of them.The first painting that I chose is isSun Dance Scene, Blood Reserve by Gera ld Tailfeathers. Tailfeathers was a Native Canadian artist and so he was close to heart with the Native aboriginal culture and their traditions. Being one of the very few Native Canadians who painted, he fulfilled his duty to the great colorful lost culture by painting their traditions. It is painted on paper using watercolors and watercolor is a wise medium for this painting because it gives the painting a tinge of easy simplicity and vividness. The painting shows a scene from the Native culture of Blood Reserve.

Sunday, September 22, 2019

High School and Felicias Life Essay Example for Free

High School and Felicias Life Essay A photo of Felicia with notes from her classmates.   The friend, Briana Torres, at 16 a year older and a grade ahead of Felicia, hugged her and walked her to sixth-period English class, the girls’ arms clasped around each other’s shoulders. On the way, Felicia cheered up enough to laugh at a joke, and make a joke of her own. But there were signs of unraveling. Late Monday night, she had posted a brief Twitter message: â€Å"I cant, im done, I give up. † After school Wednesday, Felicia walked to the Staten Island Railway station where many students board trains home. She waited impatiently for the train, and as it approached, she hurled herself backward onto the tracks. A friend grabbed her arm, but she twisted free. She was pronounced dead that evening. By the time her friends began to congregate in the hospital waiting room, posting messages on Twitter and Facebook in what would become a flurry of online speculation about her death, most had pinpointed a cause: Felicia had been bullied, they said, tormented by football players on Tottenville’s undefeated team. Some said she was teased because she had piercings and lived in foster care. Others said players had spread sexual boasts about her over the weekend, after Tottenville’s 16-8 victory over Port Richmond High School. To many friends, she appeared to weather the swirl of innuendo with her usual confidence. â€Å"She never really reached out for help; she was a really tough person,† Briana said Thursday, wearing a small tribute on her left wrist — an â€Å"RIP Felicia† inked in purple. â€Å"When I dropped her off at class, I wasn’t really worried about her.† Felicia had reported the taunts to an administrator, who arranged mediation sessions between Felicia and the boys she said were harassing her. Police are now investigating her death. Neither they nor the Education Department nor the school would comment on the bullying allegations. There was already little that was easy in Felicia’s life. Friends described her childhood as a patchwork of loss and instability: both her parents died when she was young, and she d isliked living with her aunt, said Kaitlyn Antonmarchi, 15, who said she had been Felicia’s best friend since eighth grade. At one point, Felicia ran away from her aunt’s house with an older man. After she entered the foster system, she bounced in and out of different homes, dyed her dark hair red and sprouted a cluster of piercings. With her latest foster parents, Felicia finally seemed happy and stable, Kaitlyn said. Moving to the other side of Staten Island, she started high school at Tottenville, improved her grades, let the dye wash out and eliminated most piercings. At Friday’s football game, Kaitlyn said: â€Å"She looked happy. She was laughing. It didn’t look like anything was upsetting her at all.† Bullying is common at the school, classmates said, but administrators usually acted to stop it, and it rarely reached the level that Felicia experienced. Tease Felicia, and she would come back with a quick, witty retort, said Alissa Compitello, 17, a senior. â€Å"If you tried to bully her, she’d laugh at you,† she said. â€Å"Somebody must’ve said som ething pretty bad about her for this to happen. They just wouldn’t stop.† On Wednesday, Felicia had asked Karl Geiling, 15, a sophomore at Tottenville, about how his test had gone. He saw her at the train station later. â€Å"I was way down, away from her,† he said. â€Å"All I heard was screams, and then everybody went silent.† At school on Thursday, many students wore black and purple, colors often associated with anti-bullying campaigns, and met with grief counselors. A crowd of about 500 gathered at the station in the evening, many holding candles. Someone had tied purple and black balloons to a chain-link fence overlooking the tracks, with notes and a photo fluttering alongside them. As their classmates created anti-bullying Facebook pages in Felicia’s honor Wednesday night, several football players took to Twitter to protest what they saw as the wholesale tarring of the team, which is a perennial favorite to win the Public School Athletic League championship. At least two seniors have been o ffered scholarships to play Division I college football. â€Å"None of you even no half the story so stop pointing fingers at the football team,† wrote James Munson, a safety on the team and the son of the team’s coach, Jim Munson. Another player, Richy Lam, a senior, said Thursday that many members of the team had not even known Felicia. In New York, an anti-bullying statute signed in 2010, one of numerous laws passed around the country in the wake of teenage suicides, requires schools to develop policies to deter harassment of students by other students, including education programs and disciplinary procedures. Prosecutions for student bullying are rare; perhaps the best-known case is that of Dharun Ravi, who was convicted of bias intimidation and invasion of privacy charges for using a webcam to spy on his Rutgers University roommate, Tyler Clementi, who committed suicide a few days later. Mr. Ravi was sentenced to 30 days in jail. â€Å"Bullying that violates criminal law can be prosecuted criminally, but not as bullying,† said Suzanne B. Goldberg, a law professor at Columbia Law School who directs its Center for Gender and Sexuality Law. Physical violence or threats of physical violence could be prosecuted, she said, â€Å"but what most often happens is that schools and prosecutors try to keep these situations out of criminal court which can be appropriate if the school system takes the incident seriously, punishes the offender and protects the victim.† It is not clear whether anyone will be disciplined in Felicia’s case. For some students, the school’s next challenge is Friday’s football game against the rival Curtis High School team, the last of the season, which may be pushed to Sunday. Felicia was a fan. When Kaitlyn last saw her, she said, she had been planning to cheer Tottenville this weekend. â€Å"She said, ‘Yeah, I’m going,’ † Kaitlyn said. â€Å"And I said, I’ll see you there.† Al Baker and Christopher Maag contributed reporting.

Friday, September 20, 2019

Inflation within the Indian Economy

Inflation within the Indian Economy By inflation one generally means rise in prices. To be more correct inflation is persistent rise in the general price level rather than a once-for-all rise in it, while deflation is persistent falling price. A situation is described as inflationary when either the prices or the supply of money are rising, but in practice both will rise together. These days economies of all countries whether underdeveloped, developing as well developed suffers from inflation. Inflation or persistent rising prices are major problem today in world. Because of many reasons, first, the rate of inflation these years are much high than experienced earlier periods. Second, Inflation in these years coexists with high rate of unemployment, which is a new phenomenon and made it difficult to control inflation. An inflationary situation is where there is too much money chasing too few goods. As products/services are scarce in relation to the money available in the hands of buyers, prices of the products/services rise to adjust for the larger quantum of money chasing them. Inflation is no stranger to the Indian economy. The Indian economy has been registering stupendous growth after the liberalization of Indian economy. In fact, till the early nineties Indians were used to ignore inflation. But, since the mid-nineties controlling inflation has become a priority. The natural fallout of this has been that we, as a nation, have become virtually intolerant to inflation. The opening up of the Indian economy in the early 1990s had increased Indias industrial output and consequently has raised the India Inflation Rate. While inflation was primarily caused by domestic factors (supply usually was unable to meet demand, resulting in the classical definition of inflation of too much money chasing too few goods), today the situation has changed significantly. Inflation today is caused more by global rather than by domestic factors. Naturally, as the Indian economy undergoes structural changes, the causes of domestic inflation too have undergone tectonic changes. The main cause of rise in the rate of inflation rate in India is the pricing disparity of agricultural products between the producer and consumers in the Indian market. Moreover, the sky-rocketing of prices of food products, manufacturing products, and essential commodities have also catapulted the inflation rate in India. Furthermore, the unstable international crude oil prices have worsened the situation. CAUSES OF INFLATION The different causes of inflation which are experienced in Indian economy in a large proportion would be:- Demand-pull inflation: This is basically when the aggregate demand in an economy exceeds the aggregate supply. It is also defined as `too much money chasing too few goods. Bare-boned, it means that a country is capable of producing only 100 items but the demand is for 105 items. Its a very simple demand-supply issue. The more demand there is, the costlier it becomes. Much the same as the way real estate in the country is rising. Cost-push inflation: This is caused when there is a supply shock. This represents the condition where, even though there is no increase in Aggregate Demand, prices may still rise. I.e. non availability of a commodity would lead to increase in prices. This may happen if the costs of especially wage cost rise. Imported Inflation: This is inflation due to increases in the prices of imports. Increases in the prices of imported final products directly affect any expenditure-based measure of inflation. They play an important role in driving the rise in domestic prices. The rise in the global prices of crude oil and agricultural commodities, including food grains, and industrial products, and setbacks to global economy resulting from sub-prime mortgage disaster and US recession have contributed to Indias inflation. OTHER CAUSES: When the government of a country print money in excess, prices increase to keep up with the increase in currency, leading to inflation. Increase in production and labour costs, have a direct impact on the price of the final product, resulting in inflation. When countries borrow money, they have to cope with the interest burden. This interest burden results in inflation. High taxes on consumer products, can also lead to inflation. An increase in indirect taxes can also lead to increased production costs. Inflation can artificially be created through a circular increase in wage earners demands and then the subsequent increase in producer costs which will drive up the prices of their goods and services. This will then translate back into higher prices for the wage earners or consumers. As demands go higher from each side, inflation will continue to rise. MEASURING INFLATION Inflation in India is mainly estimated on the basis of fluctuations in the wholesale price index (WPI). The wholesale price index comprises of the following indices: Domestic Wholesale Price Index (DWPI) Export Price Index (EPI) Import Price Index (IPI) Overall Wholesale Price Index(OWPI) The new inflation index has already commenced. The index has changed the composition of the Wholesale Price Index (WPI) series. The new data series lowers weight age of the more volatile food items and correspondingly hikes that of core manufacture, products. The new series has incorporated consumer items such as ice cream, mineral water, refrigerator, computer, and TV. The price volatility in these items is relatively limited as compared to fuels or food products. The data released by the Ministry of Commerce and Industry is the first that uses the new base year of 2004-05 and covers a wider basket of goods. The old series used 1993-94 as the base year. The release of the current series of WPI with 1993-94 as its base will be discontinued. The new basket of the WPI has a broader representation of commodities, change in base year and lower weights accorded to primary articles. Problems Due to INFLATION It has been reported that the manufacturing capacity in India is running around 95 per cent, which usually means it is running at full capacity. Therefore, when the price of manufactured products is increasing, it means that demand is usually higher than supply and that is a clear case of demand-pull inflation. On the primary goods front, which consists of fruits, vegetables, food-grains etc, it is not that straight-forward. It has certainly been all over the news that the prices of fruits and vegetables are increasing and a trip to the supermarket or local grocery shop will testify to that. Although it is a clear case of demand-pull inflation, on the other, it is also a bit of a supply shock when one considers the fact that there is an abnormally high percentage of fruits and vegetables that goes to waste because of the lack of cold-storage facilities. Some estimates say 50 per cent of produce goes to waste and that is a conservative number. The fuel price hike is a straight example of cost push inflation. When OPEC (The Organization of the Petroleum Exporting Countries) was formed, it squeezed the supply of oil and this caused oil prices to rise, contributing to higher inflation. Since oil is used in every industry, a sharp rise in the price of oil leads to an increase in the prices of all commodities. The in depth problems due to inflation would be: When the balance between supply and demand goes out of control, consumers could change their buying habits, forcing manufacturers to cut down production. Inflation can create major problems in the economy. Price increase can worsen the poverty affecting low income household. Inflation creates economic uncertainty and is a dampener to the investment climate slowing growth and finally it reduce savings and thereby consumption. The producers would not be able to control the cost of raw material and labour and hence the price of the final product. This could result in less profit or in some extreme case no profit, forcing them out of business. Manufacturers would not have an incentive to invest in new equipment and new technology. Uncertainty would force people to withdraw money from the bank and convert it into product with long lasting value like gold, artefacts. The imbalances inflation has created in the Indian economy:- It has created a new rich class in social and political lives who are corrupt themselves and also corrupt the overall society. The increased prices reduced the capacity to save and people preferred present consumption to future consumption. It has provided protection and subsides to industries which bred inefficiency. It has lead to misallocation of resources due to distortion of relative prices and finally a redistribution of wealth from the poor to the rich. It disturbs balance of payments. Controlling method Firstly save!!! As much of our money as possible should be saved. This will reduce the demand on the economy and hopefully reduce inflation. Do not overuse daily essentials like cooking gas, electricity etc. Cut down on inessentials when buying groceries. Look for cheaper alternatives to products that we normally buy. Keep roads, highways, sidewalks, etc., beautified to help attract tourism and bring additional monetary into a growing economy. Stop illegal immigration. Illegal activities reap the benefits of the country but dont pay taxes. Government-backed investment schemes such as Post Office Savings Schemes, Public Provident Funds (PPF) and National Savings Certificates (NSC) are best to invest in when inflation is slowly inching up and we are only looking at safety, not returns. Invest in short term deposits and funds, commodities and property. This will help we to slowly reach our financial goals while safeguarding our hard-earned money Objectives To know the impact of inflation on the consumer. To know that consumer decision for purchasing at the time of inflation To know that how consumer manage the daily needs purchase at the time of inflation. To know that how inflation effect the economy To know that how consumers reduce their consumption at the time of inflation. REVIEW OF LITERATURE 1. MEASUREMENT OF CONSUMER GAINS FROM MARKET STABILIZATION. Wright D.Brain and Williams C. Jeffery(3 August 1988)in this article observed that partial equilibrium analysis is appropriate, there is little difference between exact measures of consumer gains from market stabilization and approximations such as expected change in marshallian or hicksian consumer surplus. Careful specification of the nature of stabilization is more crucial than the choice of welfare measure. It is important to represent correctly the demand curvature and supply response and to determine whether general equilibrium responses can be ignored. In any event, an improved analytical approximation and a simple numerical method for calculating the exact measures make it unnecessary to rely on suspect measures. 2. SEARCH, STICKLY PRICES AND INFLATION:- DImoand A.Peter(FEB.1992) in this article observed that equilibrium in a market with free entry where consumers search and firms set prices on individual units of the commodity. The prices attached to newly produced goods are continuously adjusted. Prices attached to previously produced goods can only be changed at a cost. Thus inflation reduces the real price of goods in inventory awaiting sale. The presence of previously priced goods lowers the reservation price of customers. Thus, inflation cuts into the market power created by the need to search for the good. Consumer welfare is inverse $u$-shaped in inflation with a strictly positive optimal inflation rate. 3. Inflation in India during the 80s: An Analytical Review:- Samanta GP (Feb. 19, 1994) in this article observed that Structural constraints play a major role in the movement of the general price level in developing countries like India. Thus the inflationary dynamics in these countries cannot be explained purely as a monetary phenomenon. Even aggregative analysis, taking demand and supply factors along with monetary variables, has been found to be empirically unsatisfactory as quantifying the impact of any one variable on sectoral prices is not easy. This study attempts a disaggregative analysis by considering the structural variables first and then analysing the influence of monetary aggregates on sectoral prices taking into account the time series properties of price indices and specifying the sectoral price equations. 4. How best to model inflation in India:- Balakrishnan pulapre (1 April 2002) in this article observed that Econometric specifications relating to two well-known explanations of inflation are generated and, using data from the Indian economy, the principle of encompassing is brought to bear upon the choice between these. The results are conclusive for two tests, which is itself of interest because we have non-nested models here and the tests could in principle have resulted in each model rejecting the other. It appears then from the past experience of the Indian economy that the policymaker is advised to consider sectoral price behaviour explicitly when attempting to model the inflationary process. 5. COMMODITY PRICES, MONEY AND INFLATION:- Browne Frank and Cronin David (11 April 2007) in this article observed that The influence of commodity prices on consumer prices is usually seen as originating in commodity markets. We argue, however, that long run and short run relationships should exist between commodity prices, consumer prices and money and that the influence of commodity prices on consumer prices occurs through a money-driven overshooting of commodity prices being corrected over time. Using a co integrating VAR framework and US data, our empirical findings are supportive of these relationships, with both commodity and consumer prices proportional to the money supply in the long run, commodity prices initially overshooting their new equilibrium values in response to a money supply shock, and the deviation of commodity prices from their equilibrium values having explanatory power for subsequent consumer price inflation. 6. COMPARING PARTIAL AND GENERAL EQUILIBRIUM ESTIMATES OF THE WELFARE COST OF INFLATION:- Gillman Max (2 July 2007) in this article observed that Reserve banks worldwide have been moving towards zero inflation policies. Confusion clouds the welfare cost of maintaining such inflation policies despite the best attempts at clarification. Monetary theory research has shifted from partial to general equilibrium economies. This shift has left the partial equilibrium estimates of the welfare cost of inflation below most of the general equilibrium estimates. Put on a comparable basis, partial equilibrium estimates compare more closely with the general equilibrium estimates. Furthermore, evidence suggests that integration under the money demand function appears applicable in general equilibrium economies. Finally, the estimates depend on the elasticities of money demand and the underlying structural parameters. 7. Inflation targeting in India: issues and prospects Jha Raghbendra (mar. 2008) in this article observed that evaluation the case for inflation targeting (IT) in India. It states the objectives of monetary policy in India and argues that, with widespread poverty still present, inflation control cannot be an exclusive concern of monetary policy. The rationale for IT is spelt out and found to be incomplete. The paper provides some evidence on the effects of IT in developed and transition economies and argues that although IT may have been responsible for maintaining a low inflation regime, it has not brought down the inflation rate itself substantially and or changed the volatility of the exchange rate. Output movements in transition countries adopting IT have been higher than in developed market economies. I discuss Indias experience with using nominal targets for monetary policy and why India is not ready for IT. Further, even if Indias central bank wanted to, it could not pursue IT because the short-term interest rate does not have a significant effect on inflation. The paper concludes by listing monetary policy options for India. 8. Competition and Price Variation When Consumers Are Loss Averse :- Heidhues, Paul, and Botond Koszegi. (Sept 2008) in this article observed that of price competition with differentiated products by assuming that consumers are loss averse relative to a reference point given by their recent expectations about the purchase. Consumers sensitivity to losses in money increases the price responsiveness of demand and hence the intensity of competition at higher relative to lower market prices, reducing or eliminating price variation both within and between products. When firms face common stochastic costs, in any symmetric equilibrium the mark-up is strictly decreasing in cost. Even when firms face different cost distributions, we identify conditions under which a focal-price equilibrium (where firms always charge the same focal price) exists, and conditions under which any equilibrium is focal. 9. The Misperception of Inflation by Irish Consumers:- David Duffy in this article The Misperception of Inflation by Irish Consumers observed that Perceptions and forecasts of inflation have the potential to impact on a range of economic outcomes. We reveal large, systematic overestimation of inflation by Irish consumers, which varies by social group. In contrast to previous work in this area, our models suggest the upward bias and the variation by social group should be considered substantially separate phenomena. We also offer evidence that inflation misperceptions are linked to attitudes and intentions with respect to consumption and saving and, hence, are likely to affect household decision-making. The findings therefore raise issues regarding the relationship between financial literacy and consumer behaviour. 10. Extracting information on inflation from consumer and wholesale prices and the NKE aggregate supply curve. Goyal Ashima and Tripathi Shruti in this article observed that Since consumer prices are a weighted average of the prices of domestic and of imported consumption goods, and producer prices feed into final consumer prices, wholesale price inflation should cause consumer price inflation. Moreover, there exist a long-term equilibrium relationship between consumer and wholesale price inflation and the exchange rate. But we derive a second relation between the price series from an Indian aggregate supply function, giving reverse causality. The CPI inflation should Granger cause WPI inflation, through the effect of food prices on wages and producer prices. These restrictions on causal relationships are tested using a battery of time series techniques on the indices and their components. We find evidence of reverse causality, when controls are used for other variables affecting the indices. Second, both the identity and the AS hold as long-run co integrating relationships. There is an impor tant role for supply shocks. Food price inflation is co integrated with manufacturing inflation. The exchange rate affects consumer prices. The insignificance of the demand variable in short-run adjustment indicates an elastic AS. There is no evidence of a structural break in the time series on inflation. Convergence is slow, and this together with differential shocks on the two series may explain their recent persistent divergence. ANALYSIS After study on this topic I can understand that the inflation effect the consumer decisions like their consumption decision, saving decision and it effects the future expectation of buying. Inflation always hurts our standard of living. Rising prices means we have to pay more for the same goods and services. If our income increases at a slower rate as inflation, our standard of living declines even if we are making more. Inflations main consequence is a subtle reduction in our standard of living. Inflation doesnt affect everything equally. Gas prices can double while our home loses value. This makes financial planning more difficult. Inflation is really bad for our retirement planning because our target has to keep getting higher and higher to pay for the same quality of life. In other words, our savings will buy less. As a result, we will need to save more today to pay for higher priced goods and services in the future. Since everything we buy today costs more, so we have less left-over income available to save. Inflation has another bad side-effectonce people start to expect inflation, they will spend now rather than later. Thats because they know things will only cost more later. This consumer spending heats up the economy even more, leading to further inflation. This situation is known as spiraling inflation because it spirals out of control. Inflation is important if we are holding bonds or Treasury notes. These fixed price assets only give a fixed return each year. As inflation spirals faster than the return on these assets, they become less valuable. As they become less valuable, people rush to sell them, further depreciating their value. As their value becomes lower, the U.S. government is forced to offer higher interest rates to sell them at all. This increases mortgage interest rates. We should be wary, in this post, about cost-push inflation. With wages increasing and input prices (thanks to oil/petrol/gasoline) increasing, prices consumers pay have to increase with the costs-of-production. In turn we demand higher wages, and with a squeezed supply of labour we can get them, sending prices higher still. In the graph nicked from the textbook use, example economy has expanded beyond potential real GDP (i.e. Full Employment). In the labour market this means more jobs than people (keeping it simple), driving up wages. In the consumer market it means more demand than supply, driving up prices, which drive up wages do you see the spiral? In fact our economy will not sustain unemployment below the Non-Accelerating Inflation Rate of Unemployment. Thus we end up back at Full Employment in the graph, inexorably, but along the way weve picked up positive inflation. METHODOLOGY The methodology used was secondary research. Data and findings from the research papers and articles of other people was selected and reviewed. Brief review of all the articles and papers studied has been given in the Review of Literature. These all articles were studied deeply to gather maximum knowledge of the Report on the topic Inflationary incidence on consumer equilibrium. Though no research has been done on the comparative Analysis of inflationary incidence on consumer equilibrium but this paper collected data from the news articles available from different sources. CONCLUSION After study this topic I found that Inflation directly affected to consumer equilibrium. At the time of inflation increases the prices of commodities increases which reduce the purchasing power of the consumers, and consumers have to reduce the consumption. Inflation has another bad side-effectonce people start to expect inflation, they will spend now rather than later. Thats because they know things will only cost more later. This consumer spending heats up the economy even more, leading to further inflation. This situation is known as spiraling inflation because it spirals out of control. After study this topic I found there are some advantage and disadvantage of inflation. Advantages People feel richer (money illusion). Unexpected inflation benefits borrowers Could be from extra growth in the economy or extra money which would lead to lower unemployment rates. If prices rise, then a currency devalues which would lead to growth in the export sector. Disadvantages Lower retain-able income due to higher expenditure. Expensive loans burdening those who have taken loans on floating rate and also shelving or postponing plans of many to most people. Increase in raw materials might further increase prices such that a lower inflation number overall does not really mean lower price of final goods. There is problem of complacency with increase of fuel price auto prices have gone up. Even if the prices come down later does anyone think that the prices will be revised downwards.

Thursday, September 19, 2019

The Titles of Dr. Jekyll in The Strange Case of Dr. Jekyll and Mr. Hyde

The Titles of Dr. Jekyll in The Strange Case of Dr. Jekyll and Mr. Hyde In the novella The Strange Case of Dr. Jekyll and Mr. Hyde, Dr. Jekyll held a number of titles, including M.D., D.C.L., LL.D., and F.R.S. These titles indicate that Dr Jekyll was a well educated in man in both medicine and law. The first title, M.D., stands for doctor of medicine. In the mid 1800's (about the time Jekyll would have been educated), medical students attended medical school for approximately 3-4 years (there was no definite length). Their training was based around "natural philosophy": their studies included anatomy, physiology, chemistry, physics, mathematics, therapeutics, biology, surgery, sociology and philosophy. Along with these subjects, students were encouraged to take courses in Latin and Greek. Exceptional students were encouraged to apply to either Oxford or Cambridge: these two schools were the best that England had to offer and can be compared to America's Harvard University in Boston. Things have changed slightly in the last one hundred years or so. Medical school is at least 4 years long (although many students stay in medical school for 5-6 years). Philosophy is no longer the main focus of medical school. The courses that were considered the most important in the medical school 's curriculum (biology, chemistry, physics, mathematics) are now left to the undergraduate colleges to teach the pre-medical students. After medical school, students of the 1800's only had to take a test, and if they passed, they were free to work at any hospital they chose to study the practical branches of their profession. It is no longer that simple. Once finished with school and certification testing, the student begins a rigorous internship (c... ...entific society to researchers in many different fields, such as art and medicine. Fellows would get together to discuss the "natural philosophy." This society was open to anyone with a natural interest in science until 1847. Since then only those persons who have done original work are invited into the society. Indeed Dr. Jekyll was an extraordinarily smart person. It would have taken an enormous amount of time and energy to accomplish all the titles that a man like himself earned. Works Cited Acronyms, Initalisms and Abbreviations Dictionary. 15th ed. 1991. "Trends in Legal Education." Encyclopedia Britannica. 15th ed. 1992. Stevens, Robert. Law School: Legal Education in America from the 1850's to the 1980's. Chapel Hill: The University of NC Press, 1983. Huxley, Thomas H. Science and Education. New York: P.F. Collier and Son, 1854 and 1870.

The Japanese Internment :: history

The Japanese Internment During World War II, Canada was at war with Germany and Italy. Canada was fighting to protect the lifestyle that its citizens had become accustomed to. The soldiers in WW II gave their lives for the good of their great nation. Canada was also facing a major threat in the Pacific. The threat was the powerful nation of Japan. To that point in time Japan was the strongest military force that the world had ever seen. The Japanese government was strongly influenced by military leaders who were in favor of an expansion of Japanese power in the Pacific through military means. Japan had been sweeping through such strong military forces as China, Australia and Britain (Hong Kong). Japan was a major threat in World War Two to a lot of countries. Then when japan bombed Pearl Harbor in a surprise attack against the Americans. The Canadian government had to move quickly to protect its borders. The Canadian government decided that it was best that the Japanese be moved inland away from the coast. This was done for two main reasons, one to prevent spying and sabotage and secondly to protect the Japanese from anti-Asian violence. This decision was not only for the good of the country but also for the good of the Japanese people. The government made the right decision for the matter at hand. It is true that the Canadian Government noted that "no Japanese in Canada has been suspected of or linked to, an act of sabotage or espionage". Also in a RCMP investigation, the Japanese in Canada were not considered a real threat but the assessment was conducted before the country of Japan was officially in World War Two. These reports would have been outdated as the ideas and beliefs of the Japanese could have changed once Japan was at war with the world. People changed their views during times of change. As Japan officially entered W.W.II many passions of the people may have changed. The Canadian Government was faced with the treat of this possible change. If the Japanese were to roam free during this time, what is to say that a small group of loyal Japanese could not have started a subversive group? The Japanese government could have also paid some of the Japanese's in Canada substantial amounts of money to spy for them. Although many Japanese living in Canada would be patriotic to Canadian cause, there would be some that would align themselves with Japan, which could be seen as a potential threat to Canada.

Wednesday, September 18, 2019

Mexican Labor Unions and Economic Reforms Over the Past 20 Years Essay

Mexican Labor Unions and Economic Reforms Over the Past 20 Years INTRODUCTION: Since labor unions in Mexico were originally formed in the early 1900s, they have maintained a unique system of collaboration and collusion with the government of Mexico. Though many may refer to their system as one of â€Å"corruption,† it is a system that has become so deeply imbedded in the relationship between labor unions and the government, that it is now a well-understood unofficial network. Over the past 20 years in Mexico, a great deal of progress has been made toward the liberalization of the Mexican markets. Previously government-owned companies have been privatized, foreign investment has boomed, and a once one-party system has just recently produced its first democratically elected opposing party president. But how helpful have the labor unions been to this progress? Generally, labor unions would be one of a society’s greatest opponents to such things as privatization, causing many difficulties to the progress of the economy, however in the case of Mex ico, I contend that labor unions have, in fact, been a beneficial component to the progress. The unions have contributed through their collaboration with the government, their suppression of wages, their maintenance of a balanced governmental system, and their contributions to democracy. Though it cannot be claimed that all of their contributions to the economic development of the past 20 years in Mexico has been positive, it can be claimed that Mexico’s unique style of government-labor union coordination has acted in many unusually beneficial ways. LABOR UNION HISTORY: Up until 1931, no organized labor union had ever been recognized by the Mexican government. In fact, unde... ...rms in Latin America. Cambridge University Press: USA Mujica, Jorge Garcà ­a. (2002). Situacià ³n Econà ³mica y Prospectos. Resumen para la Sà ­ntesis Econà ³mica de Mà ©xico: La Ciudad de Mà ©xico. Otero, Rafael. (1999). Effects of Labor Unions on Regional Economic Development. Ph.D. Dessertation. The Universtiy of Texas-Pan American, Edinburg, TX. Otero, Rafael, and Josà © A. Pagan. (2001). Unions and Job Queuing in Mexico’s Maquiladoras. Working Paper. The University of Texas-Pan American, Edinburg, TX. Panagides, Alexis and Harry Anthony Patrinos. (1994). â€Å"Union-Nonunion Wage Differntials in the Developing World: A Case Study of Mexico.† The World Bank, Latin America and the Caribbean, Country Dept. Policy Research Working Paper 1269: Washington DC Rose-Ackerman, Susan. (1999). Corruption and Government. Cambridge University Press: USA

Tuesday, September 17, 2019

Discuss the warrior rule in the Kamakura and Ashikaga Shogunates with specific examples Essay

Most of Japan’s political history revolved around the warrior rule or political rule of warring clans. Throughout the twelve until the nineteenth century, the governance of Japan depended on the outcomes of the continuous struggle between warring groups to take control. At the center of the warrior rule are two concepts, the bushi translated as ‘fighting men’ and the samurai meaning ‘those who serve’. Warriors practiced a code centered on loyalty and no tolerance for defeat. (Jansen, 1995) This made the warrior rule and the change in political leadership very dynamic. Kamakura Shogunate The Kamakura Shogunate exemplifies the warrior rule in Japan, with a warrior clan controlling governance and the warrior clan descending from the noble families. On one hand, the noble families maintain and secure political dominance by engaging the strongest warriors since the right to lead depended on the ability to wield the sword and defeat the ruling power and defend one’s rule from other warrior groups. On the other hand, the warriors with familial or non-familial ties with the noble families developed loyalty to these families and defended the leadership that they helped establish. This implied the overlap between the noble families and warrior groups. Noble families with strong warrior leaders often win the battle and those families without strong leaders in war became subservient to those with the ability to lead wars and defend governance. The Kamakura Shogunate is one period of warrior rule preceded by the Genpei war fought by two clans the Minamoto and Taira with both having prominent samurai capabilities. These two clans had similar military strength that the battle lasted for five years, from 1180 to 1185. The success of the Minamoto warrior clan brought about the Kamakura Shogunate. Minamoto no Yoritomo, the leader of the Minamoto warrior clan is himself of noble birth. His leadership reflected the manner that noble families gained warriors through the ability to lead. Throughout Minamoto no Yoritomo’s rule, he faced countless resistance from the other samurai clans but his decision to establish the center of government at Kamakura and refrain from extending his control over the northernmost and westernmost regions led to a longer rule. (Jansen, 1995) Warrior rule depends on territorial control and gaining the territory of one group meant extending one’s territory but adding another opponent likely to make a challenge in the future. By not expanding the territory too much, this became easier to defend and enemies minimized. Ashikaga Shogunate The Mongols became the strongest opponent of the Kamakura Shogunate so that even if storms dissipated the number of the invaders, the battle weakened the Shogunate. The exiled Emperor Go-Daigo took advantage of the situation to regain his lost power by restoring the Kemmu rule. However, this only lasted three years because of the weak military backing of the emperor. Warrior rule again emerged with the Ashikaga Shogunate led by Takauji. Nevertheless, even the Ashikaga Shogunate was weak in military leadership resulting to the assertion of independent power by the daimyo or regional warrior leaders. The strength of a warrior rule lies not only in the number of forces and degree of cohesiveness of loyalty of the forces but also in the strength of the top leadership. With a weak power at the top, warrior rule is bound to fall apart. The daimyos not only made decisions independently but also meddled in governance such as in influencing succession. With only backing from one or a limited number of regions, conflict was inevitable with other regions pushing for the shogun they preferred. All the aspiring shoguns backed-up by the regional military forces had claims over the shogunate based on either or both nobility and known samurai clan lineage. With the inability of the present Shogun to take control, this led to the Onin War, a ten-year war for leadership of the Shogunate by the different daimyos. (Jansen, 1995) The war destroyed Kyoto, claimed thousands of lives, and led to the greater overlap between leadership nobility claims and samurai lineage. Reference Jansen, M. B. (1995) (ed. ). Warrior rule in Japan. New York: Cambridge University Press.

Monday, September 16, 2019

Communication in Early Childhood Education Essay

Effective communication creates a learning environment where students can learn according to their individual needs in a safe and accommodating environment. Think about your early childhood education (or your child’s early education), was it flexible to suit individual learning experiences or were children required to conform to the teacher’s methods of teaching? If you answered the latter, do you think the former would improve the quality of education? Pedagogues’ in all divisions of education should possess proficiency in different levels of communication, whether  they are teaching primary or secondary students or university alumni, to be able to address a combination of the various age groups (colleagues, students, parents or superiors). Educators will face difficulties in providing a satisfactory level of education without the necessary skills to communicate effectively to these groups of people. Early childhood educators with effective communication skills demonstrate an ability to adapt their teaching methods to suit the needs of their young individual students, which benefits the progression in child development. The teacher’s positive mood determines the emotional climate of the classroom,  creating a healthy and safe learning environment for the children and allows teachers to communicate comfortably with children, parents and colleagues, therefore, resolving issues efficiently. Early childhood educators who communicate effectively with children and parents create a positive classroom atmosphere, where successful learning can take place. Teachers and parents must be able to communicate and cooperate to build a strong relationship for the best interests of the child. Do parents have an innate trust in teachers? (For them to leave their children in the teachers care, in some  cases, almost a stranger) Whether or not this is accurate, teachers must build on this trust to create a supportive parent-teacher relationship. Each situation is different and teachers should be aware of their body language, and use of language, so when speaking with parents their communication should be different when talking to parents than when they are chatting with friends. The first step is establishing a dialogue by approaching the parent first and making them feel welcome and relaxed, as parents may be resistant in making first contact, due to, a bad experience with teachers themselves, as children or bad experiences in other  schools with other teachers (Miller, 2003 & Roffey, 2002 as cited by Porter, 2008). There are different strategies teachers can use to maintain effective communication with parents and build strong relationships once they have made communication. Keeping a parents trust is important in maintaining open lines of communication so they can discuss concerns relating to the child and solve issues promptly. Teachers can gain parents confidence by always respecting confidentiality and avoiding rumors. If a parent finds out that, their child’s teacher breached confidentiality or is  a known gossip, parents will find it difficult to confide in them with an issue regarding their child, particularly if it is of a personal nature. Parents are also more likely to approach their child’s teacher if they know they can discuss issues and reach a mutual agreement (Bender, 2005). Teacher-parent communication is all about showing trust and comfort with each other. Frequent communication between these two parties creates less tension, when an issue arises, allowing a constructive discussion to take place and reaching an agreement sooner without hostility. Teachers can increase parent participation in the child’s learning by updating  them in upcoming activities and events, so they can be included in their child’s education, stay informed in their child’s successes and concerns, participate in special events, and contribute to their child’s overall learning process. The activities and responsibilities of the school should not be limited to the school environment and cease once the child has reached home, therefore, teachers and parents should allow room for overlapping (Edwards, 2000). Keeping parents updated on their child’s school progress allows parents to provide the necessary support and encouragement at home, giving them a better understanding of their child’s development. At the same time, teachers should obtain information from parents regarding the child’s progress at home, so teachers can help children accordingly at school. This back and forth communication between parents and teachers will provide students with a supportive network that benefits everyone concerned (Ramirez, 2006). It is also the responsibility of teachers to advice parents when their child is involved in an accident. Teachers should always take detailed notes of incidents, remembering to keep confidentiality (between parents), if more than one student was involved (Koza, 2007).  If a parent became aware about an incident through their child, it may give the parent the impression that the teacher tried to conceal the incident. By keeping parents constantly informed, reinforces the parent-teacher relationship, giving parents’ confidence in the teacher’s ability to care for their child. Teachers need to be flexible in their teaching, to meet each individual’s needs. Teachers must demonstrate various teaching styles to accommodate how each individual â€Å"learnt-to-learn† (Edwards, 2009), by applying the learning methods children are familiar with enables them to accomplish more and feel comfortable in  their new learning environment. The way children learned to do tasks at home is crucial to their learning when they reach early childhood education, since each child learned to follow instructions and complete tasks differently, it would be insensitive to treat all children the same without taking into account their cultural differences and experience (Marotz, 2009). Educators teaching young children must consider the learning methods each individual is already accustomed to and design their teaching methods around the children’s experiences, and so, communication can be  used effectively by incorporating different teaching strategies such as speaking, writing and visual demonstrations. For example, a child who has learned to complete a task by reading instructions will perform more efficiently if they are able to read from the board or paper, instead of following verbal instructions from a teacher. Teachers should make the effort to understand each child’s previous learning experience and background, so they can identify the best teaching method required by each child. Teachers must adopt appropriate methods and language for teaching and should outline the schools (or teachers) code of conduct regarding  language, to parents, so they can enforce the same rules at home to avoid children bringing inappropriate language to school, causing disruptions in the learning of other children and disgruntling other parents. As teachers gain experience with children and parents of different cultures, religions and abilities, they develop their own communication skills so they can provide improved services to the children they teach in the future. A safe and positive classroom is an important environment for the learning and development of a child. As a classroom leader, the teacher must behave and  communicate in a manner that creates a positive emotional climate in the classroom; firstly, teachers must resolve or reduce stress caused by work and personal issues, doing so outside of the classroom, so they can concentrate on the needs of the children when they are in the classroom. Secondly, by displaying self-confidence, a strong sense of self-worth and control over their emotions creates a classroom atmosphere where children are happy, comfortable and safe, as a result, children respond more positively to their teachers and classmates (Marotz, 2009). Ebbeck & Waniganayake (2003) stated that young children generally have a  sense of happiness and positiveness in them, but society depresses this and upsets the way children view the world and future, by creating fear in them (the media showing violence, bad behavior, and superficial concerns). However, teachers can empower children by showing them â€Å"how to take their place in society and create a better now and future† (Ebbeck & Waniganayake, 2003) and give them a feeling of optimism in everything they try to accomplish. Teachers who build a trusting bond with their students are also better equipped, in understanding each individual, allowing children to open up and discuss personal problems with them. This enables  teachers to speak and listen to each individual easily and identify signs of possible abuse, bullying or other health and safety concerns. In conclusion, effective communication is essential to all learning environments and without it, teachers will struggle to teach and students will face learning difficulties, resulting in a decline in the quality of education. In early childhood education, it is up to the teachers to ensure that each child’s education environment is safe and comfortable for the child, by showing flexibility in teaching to meet individual requirements and showing care and understanding to assist children with concerns. A strong parent-teacher relationship creates a support network where information is exchanged and issues are solved, to allow the child to concentrate on his or her learning and development. Early childhood educators are there to guide and support children in all aspects of life. References Ebbeck, M. & Waniganayake, M. (2003). Early childhood professionals: Leading today and tomorrow. East Gardens, Australia: Maclennan & Petty Pty Ltd Edwards, MC (2000) Center for effective parenting is a collaborative project of: The Jones center for families, 3. Retrieved from http://www. parenting-ed. org/handout3/Parental Involvement/Communicating with. Teacher Handout. pdf Edwards, S. (2009). Early childhood education and care. Castle Hill, Australia: Pademelon Press Koza, W. (2007). Managing an effective early childhood classroom. Huntington Beach, USA: Shell Educational Publishing. Marotz, L. R. (2009). Health, safety, and nutrition for the young child (8th ed. ). Australia: Cengage Learning Porter, L. (2008). Teacher-parent collaboration: Early childhood to adolescence. Camberwell, Australia: ACER Press Ramirez, L (2006) Parent teacher – The benefits of creating a supportive parent teacher relationship. Retrieved from http://www. parenting-child-development. com/parent-teacher. html.

Sunday, September 15, 2019

Egypt, the Troubled Giant

Egypt, The Troubled Giant Name__________________ Note: This textbook case was prepared â€Å"prior† to the Egyptian revolution that occurred early in 2011. The questions should be answered based on the situation at the period of time considered in the question. QUESTION 1: How would you describe the economic policy that Egypt implemented during 2004-2008? The new economic policy was one that promoted trade and put less regulation on Egyptian businesses. 1a. Do you think this policy helped to boost Egypt’s growth rate? Why or why not? I absolutely believe this policy helped boost their growth rate.Virtually all of the statistics used to measure an economy showed that they were growing rapidly during this period. It is only reasonable to assume their policy, which promoted trade and increased domestic business opportunities would have had a large hand in this. QUESTION 2: How vulnerable was the Egyptian economy to a slowdown in global economic activity such as that which occurred in 2009? They were very vulnerable to economic slowdown due to the fact that much of the revenue that promoted their growth was coming from foreign outlets such as investments, tourism, and Egyptian expatriate workers.If these foreign countries experienced a slowdown in economic activity it would, and did, have a great affect on the Egyptian economy. 2a. What would the countries objectives be to reduce this vulnerability? To reduce this vulnerability, I believe they should focus on having strong domestic areas that don’t have as much dependence on foreign companies. QUESTION 3: What were some of the risks in Egypt’s current political system may of led to the revolution of 2011? The main risk in Egypt’s political system is that it went against the norms of most industrialized countries.As people gain standing financially, they begin to expect better treatment and expect their voices to be heard more. 3a. What is the best case scenario going forward, what is the worst case scenario? The best case scenario is that they evolve into a more democratic country and give their citizen more rights. Worst case, they once again fall to an autocratic leader and rescind their economic policy changes. QUESTION 4: Post revolution; is Egypt an attractive market for international business?I think Egypt is now a very attractive market for international business. Egyptians must feel more empowered than they have in a long time, this attitude will be perfect for expanding their economy and reaching new areas of business that they couldn’t before. 4a. What advice would you give to a multinational enterprise considering investment in Egypt? I would advise a multinational enterprise to invest in companies’ area that promoted growth in the Egyptian economy to help them emerge as a strong member of the global economy.

Saturday, September 14, 2019

Rice Seeds

Table 1 Shoot and root length of a dicot and a monocot seedling Shoot Length (cm)| Root length (cm)| | 1| 2| 3| 4| 5| Average| 1| 2| 3| 4| 5| Average| Day 1| 0| 0| 0| 0| 0| 0| 0| 0| 0| 0| 0| 0| Day 2| 0| 0| 0| 0| 0| 0| 1. 1| 1. 0| 1. 2| 1. 0| 0| 0. 86| Day 3| 1| 0. 5| 1| 1| 1| 0. 9| 2| 2| 2| 2| 2. 1| 2. 02| Day 4| 1. 2| 1| 1| 1. 1| 1| 1. 6| 2. 5| 2. 5| 3| 3| 2. 5| 2. 7| Day 5| 2. 1| 2| 1. 3| 2| 1. 3| 1. 74| 3| 3. 1| 3. 2| 3. 2| 3| 3. 1| Day 6| 2. 1| 2. 1| 2. 1| 2. 1| 2. 1| 2. 1| 5| 3. 5| 4| 3| 5| 4. 1| Day 7| 2. 5| 2. 5| 2. 2| 2. 5| 2. 5| 2. 44| 5. 5| 4. 5| 5| 5| 5| 5|Table 2 Breaking dormancy of Leucaena leucophala seeds Treatment| % Germination| | R E P L I C A T I O N| | 1| 2| Average| Rubbing on sandpaper| 0%| 0%| 0%| Clipping| 0%| 1%| 0. 5%| Soaking in hot water (50 degrees Celcius)| 0%| 0%| 0%| Control| 6%| 0%| 3| The experiment has shown that by clipping the seeds perhaps germination of the seed can be attain. Rubbing the seed with sandpaper can break the dormancy as well as i t can also break and kill the seed. Soaking the seeds in hot water can also break the hardness of the coat of the seed thus can also kill the developing parts of the seeds of the plant.Clipping can be considered as an effective way of breaking the dormancy of the seed thus in some unexpected ways or inaccurate work, the seeds may be damaged and may not germinate. Table 3. 1 Effect of initial moisture content on the storability of rice seeds I. Effect of initial moisture content on the storability of rice seeds Treatment| % Germination| | R E P L I C A T I O N| | 1| 2| Average| | After 3 days| After 7 days| After 3 days| After 7 days| | 11% moisture content| 12%| | 12%| | 16%| 20% moisture content| 0%| 16%| 0%| 12%| 14%|The results have shown that the rice seed treated with 11% moisture content have higher percent of germination as compared with the rice seed treated with 20% moisture content. Rice seeds are known to be an orthodox type of seeds. Orthodox type of seeds are seeds whic h are needed to be stored with low moisture content under conditions at low temperature and low humidity. This means that in order to attain and make the seeds germinate these seeds must be maintained at low moisture content. Table 3. 2 Storability of recalcitrant seeds Treatment| % Germination after one week| Freshly extracted| 80%|Stored for one week| 0%| The results have shown that the cacao seeds which are freshly extracted have higher percent of germination as compared with the cacao seeds stored for one week. Cacao seeds are known to be recalcitrant type of seeds. This means that this type of seeds should have been planted after they are extracted. These seeds should not be stored long to attain a high percent of germination. Since the seeds are stored for seven days or one week the seeds will no longer germinate because it has already dried up and this type of seed must be stored without reduction in their moisture.

Friday, September 13, 2019

I'm Daniel, Emily's father Essay Example | Topics and Well Written Essays - 750 words

I'm Daniel, Emily's father - Essay Example Emily is my favorite child and I would not imagine her being pregnant at her age. We established a plan for her academic and career lives before she could settle down in marriage and she agreed to it. The plan would see her excel to be one of the country’s top executives and she would be our source of pride. This is particularly because she has been the most promising, of my children, in academics. I would therefore not imagine the plan being ruined or even getting delayed because of the many uncertainties that would be hindrances. Even with the realization of her pregnancy when it appears to be at an advanced stage, I would request her and her mother to go for confirmatory pregnancy test to confirm truth of the suspicion. I would still find it hard to believe her pregnancy, even with the confirmatory tests. In struggling to accept the truth about her pregnancy, I would be disappointed in her and in myself for our responsibilities in allowing such a thing to happen. By engaging in risky sexual behavior, at her adolescent age, she has engaged in immorality and brought shame on herself and the entire family. This is because our immediate community values sexual dignity and expect people to engage in sex only in marriage. Her pregnancy would therefore be evidence that she engaged in premarital sex and some conservative families would shun our family and even restrict relationships among their children with ours. I would also be disappointed in Emily because her condition threatens the plans and expectations that we had developed about her. I would however be disappointed in myself for failing to take necessary measures for protecting her from environments and associations that led to her pregnancy. I would feel that we failed to create an environment in which she could have informed us of her relationship with a sex partner because such a discussion could have helped in counseling her, ourselves or through a professional counselor, to