Familiar Actions Breed More Business free essay sample

This paper presents an explanation as to why corporate-owned restaurants are more frequently visited and do better overall than individually owned restaurants. The following paper discusses how the world prefers the comfort of familiarity when it comes to choosing a restaurant. The writer contends that it is the familiar decor, menu and food presentation that gives them a feeling of security that cannot be matched by the thrill of a newly discovered individually owned restaurant. This paper asserts that as long as the world thrives on familiar surroundings the chain restaurants will always do better and be more successful than privately owned shops. People often like to say they are adventure seekers. They claim that the same old same old drives them batty and they are always up for something new. This may be the case in many areas of life however in the area of eating in a restaurant people prove again and again that they prefer the tried and true to the unknown element of surprise. We will write a custom essay sample on Familiar Actions Breed More Business or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Restaurants that are corporate owned are more likely to be frequented than one that is individually owned and operated. Marketing executives have known this for a long time and often times target the advertisements to remind the viewer that the consistency of a corporate organization is preferable over the mom and pop shop of yesteryear.

The Transformation of Collective Security Essay Example

The Transformation of Collective Security Essay Example The Transformation of Collective Security Essay The Transformation of Collective Security Essay Security is primarily an issue of a nations relations with other states or a group of states. This relationship among states which feel threatened by each other is exposed to the security dilemma. 6 It is generally argued that the security of nations cannot be defined in general terms, nor can it be determined objectively. 7 Definitions depend on states perception about threats and safety. Therefore, on security no precise definition has ever been achieved and probably never will be. 8 There appears to be almost a studied vagueness about the precise definition of terms such as security. This complexity is also related to the problem of which areas of life are the subject of security. In this regard, theoretical debate occurs between two views of security approach to security, the traditionalists, it is argued that identifying security issues is easy as they equate security with military issues and the use of force. 10 Traditionalists also strongly oppose the widening of security stud ies, as by such logic, issues like pollution, disease, child abuse or economic 5 Till, pop. Cit. , in note 1, p. 96. The security dilemma refers to the notion that a states efforts to increase its security by threatening another state, which then responds with steps to increase its own security, paradoxically erodes the first states security. See C. A. Checkup, The Case for Collective Security, in Downs, G. W. (De), Collective Security beyond the Cold War, ( USA: University of Michigan Press, 1994), up. 41-69. 7 A. V. Sausage, The Security of Western Europe, (London: Sherwood Press, 1985), p. 2. 8 C. Then, Problems of Transition in J. Alfred et al, Europe in Western Alliance, (London: MacMillan Press, 1988), p. 7. 9 G. Edwards and B. Burrows, The Defense of Western Europe , (Norfolk: Butterscotch, 1982), p. 91. 10 B. Abuzz et al, Security , A New Framework for Analysis, , ( London: Lonely Runnier pub. 1998), p. 3. 6 3 recessions could be viewed as threats to security. Here we see that the traditionalist view regards only military and political subjects as the focus of studies in the security field. Yet, this approach has entered an impasse and led to increasing dissatisfaction in explaining the events taking place in the international arena later on. As pointed out by one of the proponents of the wider approach, this dissatisfaction was stimulated first by the rise of the economic and environmental agendas in international relations during the sass and the sass and later by the rise of concerns with identity issues and transnational crime during the sass. 11 Today it is obvious that this narrow definition does not fully cover the parameters of the new security environment in the aftermath of the end of the Cold War. With the end of the Cold War and the break-up of the Soviet Union, the political and intellectual climate has changed. Studies in this regard have articulated very different views about how to define the concept of security. The narrow definition of security tends to focus on material capabilities and the use of military force by states. This, however, contrasts with the distinctions among military, political, economic, social, and environmental security threats. 12 Thus, with this transforming understanding of what security means today, the advocates of the wider approach concentrate on discussing the dynamics of security in five sectors, that is, military, political, economic, environmental and societal. This methodological framework also seems to better serve distinguishing security issues as hard and soft. 14 Faced with such a unavoidable due to the different analytical perspectives on the issue. Yet, in view of the presence of security risks of different natures, it is, at least from the practical point of view, a fact that security at present should be regarded as not merely, or even mainly, a matter 11 Ibid. , p. 2. P. J. Austenite (De), The Culture of National Security: Norms and Identity in Word Politics , (New York: Cambridge University Press, 1996), up. -9. 13 See the introduction in Suzan, pop. It. , up. 1-21. 14 Generally speaking, security issues requiring military options and relating to defense are considered hard ones whereas others that require non-military measures such as conflict prevention are regarded as soft. But this distinction today appears to be less relevant in view of events and experience in world affairs. See for details M. T. Clare and D. C. Thomas (De) , World Security, ( New York: SST. Martins Press, 1991). 12 of military policy, but of broader economic and political policies. For threats to security are not necessarily of a military nature, but they might derive from various there reasons. In view of the above, one can draw two main conclusions. Irrespective of which subjects are to be considered in dealing with the security concept, it seems evident that security is about preservation of the existence of states. And, in this preservation effort, the military component is always present even if as a last resort. Similarly, threat perception and the nature of such perceived threats are important in determining whether and how the perceived threat should be viewed as a matter of security. This brings us to the concept of collective security. Here, similar to the conceptual problem in defining security, a precise definition of collective security mains elusive. Not only do definitions differ,which is bound to happen in public debate and scholarly discourse, but also some directly contradict each other. 18 In simple terms, collective security is related to efforts by a group of states to act together in order to better preserve their own security. The term has been used to describe everything from loose alliance systems to any period of history in which wars do not take place. This wide Serialization, in the words of Suzan, means a process by which the issue in question is presented as an existential threat, requiring emergency measures and justifying actions outside the normal bonds of political procedure. See Suzan, pop. Cit. , up. 23-24. 16 Ibid. , p. 24. 17 J. C. Garnett, Introduction: Conflict and Security in the new world order, in M. J. Davis, (De), Security Issues in the Post-Cold War, (I-J: Edward Legal Pub. Ltd, 1996), p. 10. 18 G. W. Downs, Beyond the Debate on Collective Security, in Downs, G. W. De), Collective Security beyond the Cold War, ( USA: University of Michigan Press, 1994), up. 1-17. Spectrum is also due to the nature of security threats. States ally to increase their security against perceived threats. 19 In any particular balance of power system, there are usually groups of states that share to some extent an assessment of those threats. States face two kinds of threats in general. 20 The first is usually the reason for which stat es Join their forces in the first place, I. E. An external threat from a potential aggressor who is not part of the group. The second threat is of a more insidious but often Just as dangerous nature, namely, an internal threat from a member of the group itself that betrays its friends and uses force against them. The first form of collective security is best illustrated by the alliance system. An alliance functions as a collective body that defends its members from security threats directed from outside. Thus it includes the concept of collective defense as well. Moreover, although an alliance is focused on external threats, the security is collective for its members. On the other hand, the best illustration of security arrangements countering internal threats coming from members of a collective security body is the security community. 21 Collective security rests on the notion of one for all and all for one. Here, the question of why states come together for collective security can be argued is clear enough. It is because they share the same threat perceptions against which they think they will be better-off if they act together. Yet, the question of how they perceive the same threat is not that clear. This brings us to the issue of identity-building. Identification is considered a social concept. 22 The process of identity formation is of a kind that develops within a social unit. Any identification requires a distinction Just as any 19 See K. Waltz, Theory of International Politics, ( Reading: Addison Wesley, 1979) and also S. Walt, The Origins of Alliance , ( Ithaca: Cornel, 1987) 20 See for details S. Weber, Does NATO have a future 7, in Crawford, B. (De), The Future 21 This concept was first introduced by Van Wagner, and later in 1957 developed by Karl Deutsche with theoretical arguments . For the views of Dutch, see particularly E. Adler, Rupees New Security Order: A Pluralistic Security Community, and P. W. Schultz, Competing for European Security: The SEC, NATO and the European Community in a Changing International Environment, both in Crawford, B. (De), The Future of European Security, (Berkeley: University of California at Berkeley, 1992). 22 A. N. Hurdles, Bravura Kim ¤inn LOL#lam eve Tark Gimlet in Atilt Realer (De) Trisky eve Bravura, (Ankara: image Active, 1997) p. 18. 6 distinction necessitates some identification 23 . This brings us to the self/other dichotomy. The self is identified in relation to its position visa- ¤-visa the other 24 . In other words, all identities exist only with their otherness. Without the other, the self actually cannot know either itself or the world because meaning is created in discourse where consciousness meets. 25 Identification is of an exclusionary nature for the non-identified. In other words, in the identification of a group of people as a community, this unit is externalities of or disassociated from the values, myths, symbols, attitudes and mores of those (non-identified) with whom the unit does not identify itself. 6 It is also argued that the existence or the perception of threats from the other inevitably strengthens the identity of the self. 27 The formation of the self is inextricably intertwined with the formation of its others and a failure to regard the others in their own right must necessarily have repercussions for the formation of the self. 28 Identity is the key element of a cognitive regi on. Shared self-definitions create internalized norms that allow people from different countries to know each other better and thus respond more effectively to the common concerns. What constitutes the basis for collective security arrangements is therefore the mutual responsiveness developed out of answers to the questions of who I am and who the other is. In other words, it is the collective identity, which lays the ground for a sound collective security. The importance of identities can thus be summarized as follows: common identities help to establish a security whose existence, I. E. Elective security, proves that members share common identities. A. N. Hurdles, International Relations and the Philosophy of History: a Civilization Approach, ( London: MacMillan, forthcoming), p. 105. 24 K. Krause, Critical Theory and Security Studies, Cooperation and Conflict, Volvo (33)3, 1998, p. 312.. 25 Hurdles, pop. Cit. , in note 22, p. 107. 27 Hurdles, , pop. Cit. , in note 21, p. 21 . 28 Neumann, pop. Cit. , p. 35. 7 In view of the foregoing, one can easily understand that collective identities and shared values as well as shared understandings as regards threat perceptions are of significant importance for the creation of a workable collective security arrangement. The identity issue entered into International Relations full fledged with the critical theories, such as constructivism. However, mainstream approaches 29 also acknowledge identity. But, how it differs from the constructivist approach is that it presumes to know priori what the self-being is defined as. The state as a unit is assumed to have a single identity, across time and space whereas constructivism assumes that the selves, or identities, of states are variable, they likely depend on historical, cultural, political and social context 30 . Accordingly, as regards the object of security, the constructivist approach questions how the object of security is constructed according to threat perceptions. Here, the argument that discourses of threat are constitutive of the object to be secured relates to the question of how such threats are identified. In view of the foregoing, one can see that constructivism helps better explain collective security formations that are constitutive of collective identities. Thus, sound collective security arrangements are forms of collective identity that exclude each other on the basis of their distinctiveness. Here, it can be argued that those security regimes could not establish a collective identity against a common threat. In other words, the selves in hose organizations did not come together against a common other. In the Cold War era, the other was the East for the West and vice versa, although members of both Blocs remained in the same global security regime, the I-JNI. Therefore, their stay in the UN was not due to the creation of a common identity but due to a felt need. IMPACT OF THE POST-COLD WAR The post-Cold War has had a considerable impact on this state of affairs. The end of the Cold War, which for almost half a century had been the symbol of division in Europe, was marked by the fall of the Berlin Wall on October 3rd 1989. The fall of the Berlin wall meant also the collapse of the ideological walls which had divided Europe for so many years. The end of the Cold War even raised questions regarding the necessity of NATO as military alliances normally dissolve once their common enemy has been defeated. However, , 31 See for details, particularly A. Bennett, and J. Leopold, Reinventing Collective Security After the Cold War, Political Science Quarterly, Volume 18, Issue 2, 1993. 32 Ibid. With the rise of non-conventional and asymmetric security threats this was proven not to be the case 33 . What is new in this sense is the effect of globalization on these threats. Today, in a world where things have increasingly become more transnational and interdependent, owing to the effects of globalization, any incident in a country or in region, be it a terrorist act or an ethnic conflict, poses threats to other areas due to the domino effect. As a corollary to this, threats that transcend borders happen to affect security more rapidly, more severely in an ever-expanding magnitude with spill-over effects. These threats inevitably necessitate collective responses as they affect almost all states in one way or another. In such an environment, Europe in particular and the world in general have dinettes several hot conflicts and wars in Just one decade in the post-Cold War era, which amounts to more than occurred in the whole course of the Cold War years. The European continent, which had been free from wars since the end of World War II, once again became a continent of conflict and death with a wars that erupted in its very midst, like in the territories of the former Yugoslavia or in its vicinity, or like the Caucasus or elsewhere like in the Middle East, I. E. The Gulf war. In view of this, one can argue that the basic premises of mainstream scholarship, such as anarchical setting, power politics based on national interests, etc. , are still present in the world affairs. True, mainstream scholarship failed to anticipate the end of the Cold War. But, the world order, which has replaced the Cold War era, still proves the validity of mainstream scholarship. States act in pursuit of preservation of their interests and of protection of their 33 Asymmetric threat is defined as a threat that can cause harm in bigger magnitude than its size. Such threats vary from international terrorism, ethnic conflicts and religious fundamentalism through organized crime, drug trafficking, and proliferation f weapons of mass destruction to mass migrations, environmental disasters, poverty etc. See Irked, S. , 11 Elll 2001: Terrorizing Yen Milady, Strategic Animal, Sally 18, Skim 2001. Asymmetric threat is also defined as a threat that does not follow the rules of fair warfare including surprise attacks, as well as warfare with weapons used in an unconventional manner. See www. Rand. Org/news links/terrorism. .NET. 10 security in the face of both conventional and non-conventional security threats. However, the main question here is how they gather support from other states for such policies and how legitimacy is attained for them. In fact, the turnaround effects of such security threats help states gather the support of like-minded states and act collectively to protect their security against such threats. Collective security arrangements have been seriously proposed after every large- scale war, such as the Napoleonic Wars, World War l, and World War II. The end of the Cold War followed the same path both in academic and state circles. In this regard, naturally the I-IN, being the only global organization for collective security, has been called upon several times. In the post-Cold War era, the UN Security Council has adopted a series of resolutions availing itself of the right to humanitarian through a number of experiences as witnessed in various wars and fights such as that of the Gulf, Bosnia and Somalia. 4 Despite this gradual progress in fulfilling its task of collective security, the UN faced a deadlock during the Spooks crisis in 1999. Due to Russia and Chinas objection to a military operation against the Federal Republic of Yugoslavia, the UN could not reach a decision authorizing the formation of a military force with the Security Council mandate and this implicitly left it up to NATO to take the responsibility . In light of these one can see that even in the post-Cold War era the UN system has maintained the inertia it derives from its organizational set-up. This can be attributed to the following: In the post-Cold War era, although one of the Blocs disappeared, it was evident that at least the old leader of the East , I. E. Russia on the one hand and the USA together with the rest of the Western Bloc on the other, continued to regard each other as other. This was because they have not been able create a collective identity (self), as they could not define a common threat (other) either. See for details C. Gaucherie, International Law and the War in Spooks, Survival, , Volume 41, No: 2, Summer 1999. POST-SEPTEMBER 11 ERA The world that embarked on a new millennium with these important shifts in international affairs in general and in the collective security field in particular, was unable to avoid the tragedy of September 1 lath. The terrorist attacks of September 1 1 have changed many, if not all, parameters in world affairs, and has important repercussions for security in a variety of ways and the approach to collective security is no exception to this. In the wake of the terrorist attacks, NATO allies lined up Enid the US and in an unprecedented display of support and solidarity they invoked, on 12 September 2001, Article 5 of the Washington Treaty of the Alliance, the core clause of collective defense, for the first time in the history of the Alliance. 35 This decision seems to have constituted a dramatic shift in the conceptualization of what forms hard and soft security issues. First, it was bitterly confirmed that terrorism is one of the most dangerous non-conventional asymmetric security threats. Similarly, it was also confirmed that terrorists can easily access weapons of ass destruction. More importantly, with the invocation of Article 5 and the military operation directed against the al-Qaeda terrorist network and its sanctuary the Taliban regime, it has become clear that the fight against terrorism, which was always regarded as a matter of soft security, would also require hard security measures, including military ones, in the post-September 1 1 era. In this context, one can argue that the September 11 terrorist attacks have provided a conducive atmosphere for the creation of a new other, I. E. Common enemy. This was

Strategic Management Report on Acer Essay Example | Topics and Well Written Essays - 2750 words

Strategic Management Report on Acer - Essay Example The general trends and strategy of the industry and the strategy of Acer will be compared and contrasted briefly. Reasons for Acer's growth and some recommendations for the strategic direction of Acer will be discussed. Towards the end of the paper the success and the factors that accounted for Acer's success will be put in the picture. There are more than a dozen PC manufacturers who lead the computer industry. In such a competitive environment only that manufacturer can survive who has got competitive edge over its competitors. When Acer first entered the PC industry, there was already fierce competition in the industry. Price cutting was the major trend in the 1990s, instead of differentiating their products from others, the players in the industry indulged into price wars. Technology in the PC industry was changing rapidly; observing competitor's moves and strategic responses to those moves were changing the global PC industry. Strategic direction of most of the producers of PC at that time was to design their own PC and sell it through their distribution channels according to the demand forecast. As the existing players in the industry were in the business for several years now, they marketed their product with competitive price and fresh technology. And now after so many years in the market of notebooks and PCs, Acer is able to reduce its costs to levels beyond that of Dell and HP. It was able to do this because it distributes the products through only retailing and e-tailing, while others use direct selling and corporate selling. Acer has also outsourced its manufacturing and assembly to reduce costs. Now Acer has competitive edge of price over its customers and Acer is following price cut strategy to win over Dell and HP. Acer is a Taiwan based company, and as all Asian produces inherited cost advantage over the companies based in Europe and US, Acer also had advantage of lower costs because of availability of labor, no heavy taxes from government and no propriety laws. The first product that Acer started producing was Microprocessor I, then after a few years it established a new company which manufactured and supplied computer parts to other companies in the industry. Acer wanted an independent brand name; to achieve it, Acer established a retail computer chain too. With a retail chain of its own and a parts supplying company under its brand name, Acer eliminated any dependencies on other firms. Acer's success was driven by product innovation; it started producing new technology ahead of IBM. The Acer's OEM business Acer Peripherals Inc. was of a huge advantage to Acer in the global market. Acer could speed up the deliveries of PCs and cut cost of its PCs because it was producing the parts itself. While Acer was self-dependent, other companies in the industry such as IBM and Compaq were getting their supplies from Acer Peripherals. Through its innovation and self-dependency, it created competitive edge in the form of fast deliveries and lower costs, and by 1990 it became 13th largest manufacturer of PCs. In the beginning, Acer was cunning enough to not confront global PC producers such as IBM and Compaq, and it mainly marketed its products in Europe and Asia. But in late 1980s it entered the US market and partnered with two companies to establish the

American History Symbolism Essay Example | Topics and Well Written Essays - 2000 words

American History Symbolism - Essay Example Republicanism, a political philosophy which will be defined further, is, in history, a long tradition of writings which express common concerns about â€Å"the importance of civic virtue and political participation, the dangers of corruption, the benefits of a mixed constitution and the rule of law, etc† (Lovett). Combining the two concepts, a symbol of republicanism is an object which stands for or suggests the ideals of historic republicanism—values of liberty, individual rights, rule of law, and so on—by reason of relationship, association, convention, and so on. In early America, the symbolism was needed to retain loyalty to the ideals which caused the colonists to fight the tyrannical rule of the King; such a symbol would need to remind these individuals of the momentous nature of their endeavor. To do this, the symbol should draw a direct connection between this endeavor and the glorious histories of the greatest civilizations of mankind, bypassing the ages of Darkness and ushering in the Enlightenment. First of all, however, it may be instructive to explore the history of republicanism in order to define it: to contrast both classical and modern versions of the philosophy. In Ancient Rome, the Roman Republic existed from 508 B.C. to 27 B.C., when the government was structured by a complex constitution, forming a mixture of three types of government. It was only during the Enlightenment that we see the strong emphasis on civic virtue and the common good (Lovett).

Management Essay Example | Topics and Well Written Essays - 1750 words

Management - Essay Example Though stress has a direct impact on the individuals concerned, it will also indirectly affect the organizational functions as a whole. This paper will explore the various factors that normally cause workplace stress, and the effects of job stress on individuals as well as on organization. It will also discuss some mostly accepted stress management strategies which can be implemented in organizational settings as well as in personal environment. Factors causing workplace stress According to Centers and Disease Control and Prevention (CDC – NIOSH) findings (n.d.), heavy workload is one of the key reasons for the stress in the workplace. Long working hours and shift work may impose heavy workload on the workers which may have several impacts on the physical as well as mental health of the workers. The rapid changes in the nature and the schedule of work have well influenced the life of workers. It has been scientifically proven that an individual can fully concentrate on a work only for a limited time. So the schedule of long working hours and shift work may reduce the efficiency of the work being performed. Hectic routine tasks may make the workers mechanical and monotonous (CDC – NIOSH). ... The management should emphasize on the implementation of family-friendly policies which would make the working atmosphere gracious and sociable (CDC – NIOSH). Man is a social animal and it’s very necessary to maintain a social environment at the workplace. Nowadays the attitude and outlook of the people have changed. The unbearable and heavy responsibilities persuade individuals to concentrate on their work and betterment rather being social and interactive. The obsession to succeed within short span of time prevents employees from creating a better social environment and from the coworkers being supportive to each other (CDC – NIOSH). The work becomes stressful as individuals lack support, advice, and encouragement from the coworkers and supervisors. The lack of guidance from supervisors compels workers to develop their own ideas and practices which may not be apt to the situations. The lack of cooperation and support among workers makes the working atmosphere u nhealthy and stressful. The exceeding aspirations to meet the demanding needs and to attain good social status have great impact on workers’ behavior (CDC – NIOSH). Profit driven companies tend to retain only the individuals with outstanding abilities. The intension to improve the social status as well as professional skills forces workers to limit leisure. Mounting responsibilities and great expectations make them concentrate on work and stick bound to the working atmosphere. This work-oriented mind without enough relaxation affects one’s physical as well as mental conditions. According to Centers and Disease Control and Prevention, the higher career concerns are also key factors for job stress. An

The identifying a project risk

The identifying a project risk Let us first define what project risk is, project risk is an uncertain event that, if occurs, has a positive or a negative effect on at least one project objective. A risk may have one or more causes and, if it occurs, one or more impacts. Over here we will define what are the risks associated with a new project, how to define, measure and control those risk. This combine process is called risk management. Identifying Risk For any effective identification of the risk involved in a project, there has to be certain corporate culture: (Young-Hoon Kwak, 2005) The managers should support honest and realistic risk assessment, even if they indicate problems with the project. The managers should be encouraged to talk openly about the risk involved without any fear of reprurcussions. Create an atmosphere where, talking about any kind of risk is allowed. Other key factor in risk assessment is collecting realistic and high quality data. Creating the right kind of atmosphere is only the first step in risk identification (Paul C. Dinsmore et al, 2005)Overall risk identification is a process to identify various potential risks in a project. Ideally a project manager would create a project risk register, where he would include all the identified risk, he would also earmark the nature of each risk, the step in which it may occur, the kind of effect it may have on the project and the solution for it. (Paul C. Dinsmore et al, 2005)This risk register is not static in nature but is dynamic and keeps on changing with each new step in the project. Risk identification is continuous process, new risks may come to light as the project progresses and previously-identified risks may drop out. Another key to risk identification is involving the right kind of people in risk identification process. Some of the key person that should be involved in all the risk identification process are risk management team, project team (they should be involved in the process so that the project team can develop a sense of ownership of responsibilities for the risks involved) members, project manager, experts both from the project and from outside the project team, customers, end users, other project managers, stakeholders(Stakeholders outside the project team may provide additional objective information), and risk management experts.(Dennis Lock, 2007) While these personnel are often key participants for risk identification, all project personnel should be encouraged to identify risks. The potential risk can be identified using: A risk break down structure, over here various risk are identified according to the stages of project cycle. Managers own knowledge of the previous projects and by cross referencing similar projects done by others. Consulting experts from the same field. After proper identification of the risk, the next important step would be to determine the cause of the risk involved its impact on the project objective. The project risk register should ideally contain the identified risk followed by cause of the risk, the condition under which it may occur, the impact it may have on the project and finally the solution for it. Also it is important to note here that all type of risk should be identified, even the risk that cant be tackled with like risk of project delay due to weather conditions. Some of the risks that may occur are: Design Risks This type of risk arise due to design of the project, some of the design risk are design incomplete, Inaccurate assumptions on technical issues in planning stage, surveys incomplete, hazardous waste site analysis incomplete, unforeseen design exceptions, Incomplete quantity estimates etc. External Risks This type of risk generally arise due to factors which are not directly related to the project, some example are landowners unwilling to sell land, local communities pose objections, threat of lawsuits, stakeholders request late changes, political factors or support for project changes etc. Environmental Risks Risk arising due to environmental factors like environmental analysis incomplete, environmental clearance for staging or borrow sites required, historic site, endangered species, riparian areas, wetlands and/or public park present etc Organizational Risks The risk arising due to companys policies and structure, like inexperienced staff assigned, internal â€Å"red tape† causes delay getting approvals, decisions, priorities change on existing program, funding changes for fiscal year, Overlapping of one or more project limits, scope of work or schedule etc. Project Management Risks Risk inherent to the project due to poor management like project purpose and need is not well-defined, project scope definition is incomplete, no control over staff priorities, unresolved project conflicts not escalated in a timely manner etc. Construction Risks Risk in projects where construction is involved like: inaccurate contract time estimates, change requests due to differing site conditions, temporary construction easements expire, dewatering is required due to change in water table etc. Engineering Services Risks These are risk involved in projects where engineering work is done, like: hazardous materials in existing structure or surrounding soil; lead paint, contaminated soil, asbestos pipe, asbestos bearings and shims, Special railroad requirements are necessary including an extensive geotechnical report for temporary shoring system adjacent to tracks etc. Financial Risk Risk due to unforeseen financial problems like Capital budgeting problem, price rise of raw materials, delay in funding, currency fluctuations, interest rate fluctuations etc. Measuring Risk Risk can be measured either qualitatively or quantitatively. The measuring technique depends on the nature of the project and risk involved. Qualitative Risk Qualitative risk analysis assesses the risks using the probability of occurring of the risk, the corresponding impact on project objectives if the risks do occur, as well as other factors such as the time frame and risk tolerance of the project constraints of cost, schedule, scope, and quality. (Lewis R. Ireland, 2006). Sometimes experts or functional units assess the risks in their respective fields and share these assessments with the team. Across the same project the definitions that will be used for levels of probability and impact should be the same. The organizations management, project customer or sponsor has an important role in the Qualitative Risk Analysis process. (David I. Cleland, 2006) The project sponsor defines for the risk analysis lead and team the levels of impact on time, cost, scope and quality that would qualify a risk as having a very low, low, moderate, high or very high impact on each objective. The project sponsor determines the combinations of probability and impact that make a risk low, moderate and high priority for each objective in light of the definitions just mentioned. Once the definitions are in place, team members assess the identified risks probability and impact and then put them into high, moderate, and low risk categories for each project objective (time, cost, scope, quality). They rank risks by degrees of probability and impact, using the definitions in place, and include their assessment rationale.(Lewis R. Ireland, 2006). Team members revisit qualitative risk analysis during the projects lifecycle. When the team repeats qualitative analysis for individual risks, trends may emerge in the results. These trends can indicate the need for more or less risk management action on particular risks, or whether a risk mitigation plan is working. Quantitative Risk Qualitative measurement of risk involves numerically estimating the probability that a project would meets its financial and time objective. Qualitative analysis involves evaluation of all the quantifiable risk and in most cases these risks identified are analyzed simultaneously to determine its affect on the project. The result is a probability distribution of the projects cost and completion date based on the identified risks in the project. Quantitative risk analysis in general involves statistical technique called Monte Carlo simulation. (Morgen Witzel, 2003). Quantitative risk analysis starts with the model of the project, either its project schedule or its cost estimate depending on the objective. The degree of uncertainty in each schedule activity and each line-item cost element is represented by a probability distribution. The probability distribution is usually specified by determining the optimistic, the most likely and the pessimistic values for the activity or cost elemen t this is typically called the â€Å"3-point estimate.† (Joseph Phillips, 2003) The three points are estimated during an interview with subject matter experts who usually focus on the schedule or cost elements one at a time. The risks that lead to the three points are recorded for the quantitative risk analysis report and for risk response planning. For each activity or cost element a probability distribution type is chosen that best represents the risks discussed in the interview. Typical distributions usually include the triangular, beta, normal and uniform.(Lewis R. Ireland, 2006) A specialized Monte Carlo simulation software program runs (iterates) the project schedule or cost estimate many times, drawing duration or cost values for each iteration at random from the probability distribution derived from the 3-point estimates and probability distribution types selected for each element. The Monte Carlo software develops from the results of the simulation a probability dis tribution of possible completion dates and project costs. From this distribution it is possible to answer such questions as: (Martin Stevens, 2002) How likely is the current plan to come in on schedule or on budget? How much contingency reserve of time or money is needed to provide the agency with a sufficient degree of certainty? Using sensitivity analysis, which activities or line-item cost elements contribute the most to the possibility of overrunning schedule or cost targets? Risk Response Planning Risk Response Planning is the process of developing options, and determining actions to enhance opportunities and reduce threats to the projects objectives. It focuses on the high-risk items evaluated in the qualitative and/or quantitative risk analysis.(Jennifer, 2005) In Risk Response Planning parties are identified and assigned to take responsibility for each risk response. The project manager identifies which strategy is best for each risk, and then design specific actions to implement that strategy. Some of the strategies are: (Winston W. Royce, 1970) Risk Avoidance: In the process of risk avoidance the project is changed so as to avoid the risk all together. In this kind of case the managers feel that it is a better option to change the project than to deal with the risk. Risk Transfer: Risk transference requires shifting the impact of the risk, along with ownership of the response, to a third party. An example would be the team transfers the financial impact of risk by contracting out some aspect of the work or taking out insurance in anticipation of a risk. Risk Mitigation: Risk mitigation is a process of reduction in the probability and/or impact of an adverse risk event to an acceptable threshold. Taking early action to reduce the probability and/or impact of a risk is often more effective than trying to repair the damage after the risk has occurred. Exploit: This strategy seeks to eliminate the uncertainty associated with a particular upside risk by making the opportunity definitely happen. Examples include securing talented resources that may become available for the project. Share. Allocating ownership to a third party who is best able to capture the opportunity for the benefit of the project. Acceptance. A strategy that is adopted because it is either not possible to eliminate that risk from a project or the cost in time or money of the response is not warranted by the importance of the risk. Monitoring and Control of Risk Risk monitoring and control keeps track of the identified risks, residual risks, and new risks. It also monitors the execution of planned strategies on the identified risks and evaluates their effectiveness. Risk monitoring and control continues for the life of the project.(Roland Gareis, 2006) The list of project risks changes as the project matures, new risks develop, or anticipated risks disappear. Periodic project risk reviews repeat the process of identification, analysis, and response planning. Risk ratings and prioritization commonly change during the project lifecycle. If an unanticipated risk emerges, or a risks impact is greater than expected, the planned response may not be adequate. Risk control involves: (Bjarne Kousholt, 2007) Choosing alternative response strategies Implementing a contingency plan Taking corrective actions Re-planning the project, as applicable The individual or a group assigned to each risk (risk owner) reports periodically to the project manager and the risk team leader on the status of the risk and the effectiveness of the response plan. The risk owner also reports on any unanticipated effects, and any mid-course correction that the manager must consider in order to mitigate the risk. References Paul C. Dinsmore et al (2005) The right projects done right! John Wiley and Sons, 2005. ISBN 0787971138. p.35 and further. Lewis R. Ireland (2006) Project Management. McGraw-Hill Professional, 2006. ISBN 007147160X. p.110. Joseph Phillips (2003). PMP Project Management Professional Study Guide. McGraw-Hill Professional, 2003. ISBN 0072230622 p.354. Dennis Lock (2007) Project management (9e ed.) Gower Publishing, Ltd., 2007. ISBN 0566087723 Young-Hoon Kwak (2005). A brief history of Project Management. In: The story of managing projects. Elias G. Carayannis et al. (9 eds), Greenwood Publishing Group, 2005. ISBN 1567205062 Roland Gareis (2006). Global project management handbook. Chapter 1: The evolution of project management. McGraw-Hill Professional, 2006. ISBN 0071460454 Martin Stevens (2002). Project Management Pathways. Association for Project Management. APM Publishing Limited, 2002 ISBN 190349401X p.xxii Morgen Witzel (2003). Fifty key figures in management. Routledge, 2003. ISBN 0415369770. p. 96-101. David I. Cleland (2006). Global project management handbook. McGraw-Hill Professional, 2006. ISBN 0071460454. p.1-4 states: It was in the 1950s when project management was formally recognized as a distinct contribution arising from the management discipline. 10. Booz Allen Hamilton History of Booz Allen 1950s Bjarne Kousholt (2007). Project Management -. Theory and practice.. Nyt Teknisk Forlag. ISBN 8757126038. p.59. http://www.ipma.ch/publication/Pages/ICB-IPMACompetenceBaseline.aspx F. L. Harrison, Dennis Lock (2004). Advanced project management: a structured approach. Gower Publishing, Ltd., 2004. ISBN 0566078228. p.34. Winston W. Royce (1970). Managing the Development of Large Software Systems in: In: Technical Papers of Western Electronic Show and Convention (WesCon) August 25-28, 1970, Los Angeles, USA. Jennifer (2005). Applied Software Project Management. OReilly Media. ISBN 978-0-596-00948-9. http://www.stellman-greene.com/aspm/.

Music Is Cool!!! :: essays research papers

I love music my TWO greatest type of genries are Rap and Alternative. I was really surprised how great that DR. Dre did! I think that Eminem and dre are great. Eminem is definetlt a new era of a rap star he is puttin out some mad skillz. Papa Roach has just came out with a super great song that is called last resort.I play basketball and i am a very emotional person i like songs that have a deep impact on me and a true meaning. Here is how the billboard charts are as of today:1 1 8 'N Sync: No Strings Attached 7 Jive | 41702 1 2 - 1 Soundtrack: Mission:Impossible 2 Hollywood | 162244 2 3 6 48 Santana: Supernatural 12 Arista | 19080 1 4 3 24 Sisqo: Unleash The Dragon 4 Dragon/Def Soul | 546816* 2 5 4 4 Joe: My Name Is Joe Jive | 41703 2 6 7 33 Creed: Human Clay 4 Wind-up | 13053* 1 7 5 3 Toni Braxton: The Heat LaFace | 26069 2 8 2 2 504 Boyz: Goodfellas No Limit | 50722* 2 9 14 37 Dixie Chicks: Fly 5 Monument | 69678 1 10 16 27 Faith Hill: Breathe 3 Warner Bros. (Nashville) | 47373 1 11 15 42 Macy Gray: On How Life Is 2 Epic | 69490* 4 12 9 42 Destiny's Child: The Writing's On The Wall 4 Columbia | 69870* 5 13 11 72 Kid Rock: Devil Without A Cause 8 Lava/Atlantic | 83119* 4 14 12 26 Dr. Dre: Dr. Dre -- 2001 4 Aftermath | 490486* 2 15 8 3 Cypress Hill: Skull & Bones Columbia | 69990* 5 16 10 20 Jay-Z: Vol. 3... Life And Times Of S. Carter 2 Roc-A-Fella/Def Jam | 546822* 1 17 20 14 3 Doors Down: The Better Life Republic | 153920 17 18 13 21 DMX: ...And Then There Was X 3 Ruff Ryders/Def Jam | 546933* 1 19 - 1 Hanson: This Time Around MOE/Island | 542383 19 20 18 38 Christina Aguilera: Christina Aguilera 6 RCA | 67690 1 21 - 1 Mandy Moore: I Wanna Be With You 550 Music | 62195 21 22 31 26 Celine Dion: All The Way... A Decade Of Song 6 550 Music | 63760 1 23 26 33 Marc Anthony: Marc Anthony 2 Columbia | 69726* 8 24 19 5 No Doubt: Return Of

Choosing a School Essay

Wanting to further your education, but faced with too many choices? Don’t think you can find the time in your busy schedule? There are many options out there now, that are becoming more popular. Not too long ago online schooling was not looked at as an acceptable method of education by employers. Before 2006 you could not even use a Federal student loan to attend an online school. As time has now shown both types of schooling, online and traditional, provide the same quality of education. Some traditional schools even offer some of their classes online to give you some freedom with your time while still being a part of the campus. Online versus traditional schooling offer different methods of learning that may appeal to students because of the atmosphere and the convenience. While both online and traditional schools do their best to cater to the needs of all their students, there are just some things that cannot be done online. If you are a visual or audio learner either type of school will work for you. If you are a hands on type of learner you might find yourself having an easier time learning in a more traditional school setting. This is not to say that you could not utilize an online school but, you may have a harder time or find it more time consuming having to find ways to turn your lesson into a physical thing that you have an easier time with. You have to be self motivate with an online school as well, the instructor is not at your home to remind you that paper is due in two days. If you need their help you have to try to call or e-mail. For some people not having an instructor at their disposal is not an option, they need someone to be almost looking over their shoulder encouraging them to press on, for this type of student online may not be the way to go. You have to be motivated to go the extra distance and use the resource available to you to further your education. The atmosphere is also different. With an online school you get to create your own atmosphere. If you find music helps you focus play whatever music you want. Have 20 minutes to spare after your shower? You can do your school work in your towel if you like. With an online education you can do your create a place that is comfortable for you. If one day you need to get out of the house you can still do your work just grab your laptop and go to the park, or beach. You don’t have to be tied down to the same building and surrounds with an online education like you do in a more traditional setting. You don’t have to deal with other distracting you, if your study spot has too many distractions move. In a more traditional setting you are confined to the same four walls surrounded by the same people daily. This provides a very structured place to learn but some people may find this boring and uncomfortable. Convenience is another big part of if an online school or traditional school is better for you is time. A traditional school is on a schedule, this makes working a full time job or trying to raise a family more difficult. With an online school you can work you classes into when you have free time. Many online schools have applications that you can use on you smart phone or tablet that will let you keep up on your discussion questions whenever you find yourself with free time. This relieves some of the stress of trying to find time to keep up with your work. Online schooling also provides you with the convinces of choosing what time is good for you to log in. you are a night owl and want to do your work at 3am, just long in. As long as you meet the requirements for attendance and participation, turning all of you assignments in on time, they won’t care what time of day you do your work. There are many of reasons to choose one school over another. It all comes down to your personal preference. Take the time to evaluate your needs and research your options. Every school whether it is online or traditional will better suite one person over another. Take your time; ask yourself the following questions before picking the school you are making a commitment. Do you need direct human interaction or can you just chat online? Will the busy schedule of your life allow you to take large chunks out of your day to go to school or will you have to break it up over the course of the entire day when you have time? These are all things you need to answer for yourself before you can pick a school that will be right for you. Online schools provide a greater freedom, where you are when you long in, when you log in, how active you are in your participation. They also require you to be more self motivated and responsible for yourself. Traditional schools will provide you with a more structured plan, you know when and where you have to be and you are surrounded by human interaction. The instructor is right there for you, if you find yourself needing extra guidance.

Doctor Faustus by Christopher Marlowe

Doctor Faustus by Christopher Marlowe Introduction The British literature of the epoch of Enlightenment is characterized by the prevalence of the poetry and drama as well as by the focus on the themes of morality and Christian values. The play Doctor Faustus by Christopher Marlowe can be referred to the modified genre of the Morality Play, which was popular at that time.Advertising We will write a custom essay sample on Doctor Faustus by Christopher Marlowe specifically for you for only $16.05 $11/page Learn More The Discussion The play Doctor Faustus by Christopher Marlowe can be referred to the genre of the Morality Play because it uncovers the theme of the Seven Deadly Sins. The genre of Morality Play was widely spread in the British literature of the Middle Ages. The focus on the moral qualities of the characters was the main distinctive feature of this genre (Morality play n.d.). In particular, we know from the play that Faustus, the main character, sold his soul to devil. He encountered wi th the Seven Deadly Sins, each of which warned him about the consequences of his choice. â€Å"BEEL. Faustus, we are come from hell in person to show thee some pastime. Sit down, and thou shalt behold the Seven Deadly Sins appear to thee in their own proper shapes and likeness† (Marlowe, 1965, p.70).Advertising Looking for essay on art and design? Let's see if we can help you! Get your first paper with 15% OFF Learn More Although the play by Christopher Marlowe is not typical for this genre, it has a lot of its features. We can say that the author modified the genre a little bit and, essentially, made a breakthrough in the literature of that period. His literary innovations are considered to be the steps on the path from the traditional literature of the Middle Ages to the literature of the epoch of Enlightenment. Being inspired by the Medieval play Everyman, Marlowe wrote his own work by using the major themes of the play. However, Doctor Faustus is m uch more complicated work. The author tried to show that not the external circumstances determine human destiny but rather the inner world of the person does. His play uncovers his ideas and does this in the progressive manner. In particular, Marlowe uses the new literary techniques such as the blank verse. We can see that many lines of the play do not rhyme. In particular, â€Å"ROB. What, Dick, look to the horses there till I come again. I have gotten one of Doctor Faustus’ conjuring books, and now we’ll have such knavery as’t passes† (Marlowe, 1965, p.72). It should be noted that the character of Faustus revealed his complex and contradictory nature. He was tempted by the devil and did not pass the test. Seven Deadly Sins were stronger than his morality. The author of the play tried to show the tragedy of Faustus in his strong ambition and the low morality at the same time. He ruined his soul by himself because he lacked the right moral fiber to withst and the temptation. Faustus was the victim of his own desires. Conclusion In order to sum up all above mentioned, it should be said that the play Doctor Faustus by Christopher Marlowe represents the genre of the Morality Play in the British literature. At the same time, it should be emphasized that the author modified the traditions of the genre and introduced his own approach to the Morality Play. The belonging of Doctor Faustus to exactly this genre is proved by the main theme of the work, the spiritual struggle of the man with the Seven Deadly Sins.Advertising We will write a custom essay sample on Doctor Faustus by Christopher Marlowe specifically for you for only $16.05 $11/page Learn More References Marlowe, Ch. (1965). Doctor Faustus. New York, USA: Routledge. Morality Play? (n.d.). Retrieved from https://www.princeton.edu/

New Capitalism by Peston

New Capitalism by Peston Introduction The lucid facts, logical ideas, mindboggling thoughts and authoritative opinions presented in Richard Sennett’s highly revered book of â€Å"New Capitalism† have been increasingly debated over the recent past based on their relevance in the modern day society.Advertising We will write a custom essay sample on New Capitalism by Peston specifically for you for only $16.05 $11/page Learn More A few economic bigwigs have been able to come out in opposition of thoughts presented in that book, while a whole lot of many others have strongly defended it. So what really is it about this book that makes it a bone of contention for economists, economy-oriented academicians and even scholars from other fundamental disciplines such as sociology? Preliminarily, the book coherently outlines the earlier forms of industrial capitalism in both public and private organizations and its global impacts. From that background, he then goes a mile further and circumspectly analyzes the current form of capitalism which he calls â€Å"New Capitalism† and explicates its diverse effects including: the progressively widening gap between the â€Å"haves† and â€Å"have-nots† in the society, the rise of a new influential capitalist group of people based on their timely positioning in the shifting economy, socio-political and economic traumas of those who constantly face oppression from actions by the elitist class in the society and finally, Sennett presents possible solutions and practical initiatives that can help bring reform to this derogative new form of capitalism (Sennett, 2006). It is based on these documentations by Sennett that this paper is going to explain the current socio-economic and political happenings as selectively reported by the media on the amassed consequences of â€Å"New Capitalism.† Main discussion The evolution of New Capitalism and its consequences Just a few decades ago, banks were co nsidered as invincible institutions that could never collapse. Their perceived strength for a long time is what essentially ensured that economies of countries stayed intact in spite of repeated global hiccups Stelzer (2008). But looking at the current situation, one can not help but feel awed- if not sympathetic- at their rate of collapses which have in turn led to the tumbling of governments. This is the exact scenario that Sennett (2006) had forecasted, and many more sociopolitical happenings are further getting confirmed by the day. A recent expansively written article by BBC’s renowned writer Robert Peston in December 2008, clearly highlights how the dawn of the New Capitalism is adversely affecting Britain, USA and the world at large- and how the already grim situation can get grimmer if reformative steps are not taken. His article is primarily going to be the basis of analyzing and ascertaining projections by Sennett (2006).Advertising Looking for essay on busi ness economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More To begin with, many researchers observe that the current economic challenges that are being faced globally are principally because of them getting into huge debts. To this effect, Peston (2008, p.1) says that: We borrowed too much, especially in the US and the UK. And the process of paying the money back is not only leading to a fall in living standards but is also precipitating very significant changes in how the global financial economy operates. He goes ahead and cites that the most affected parties in this issue of borrowing are households and corporate institutions. And based on the fact that so much of the economy is controlled by these two parties, the resulting economic impact is devastating. Sennett (2006) explains this situation by saying that in the New Capitalism- which we are in fact already experiencing; societies will be enticed into taking huge debts by the cal culative money managers. Once this is done, the lenders will come to ask for their money when you least expect it. And if you can not pay it back, they will freeze your assets and booming businesses thus getting even more benefits than what should. This is the typical scenario that Peston is explicating above. Peston (2008, p.1) further preempts that the â€Å"Economic conditions in 2009 will be treacherous. Therell be a formal recession in most developed economies, and the economic contraction is highly likely to be more severe in the UK than almost anywhere.† And as we now know, most of the high performing and well-to-do economic countries have been on a downward spiral with the USA and UK being the most affected (Stelzer, 2008). According to Sennett (2006), this economic meltdown and economic tumbling further presents an opportunity for the rise of capitalists’ states that had foreseen this scenario ages ago and socio-economically aligned themselves accordingly. A g ood example is China who, according to Peston (2008, p.2), have been saving over the past decade as a country and as individuals. He additionally states that the Chinese have also been increasingly industrious over the past few years making viable (yet cheap) products, which are in turn exported to the USA and Britain. Then unknowingly, we borrow money from clever bankers who saved their money (or at times, from moneys that our governments borrowed from countries like China) in order to buy these goods. As a result, China and these few bankers keep on progressing financially while our nations continue spiraling downwards. Essentially, this is what Sennett means when he says that â€Å"the rich will keep on getting richer while the poor ones get poorer† (p.6).Advertising We will write a custom essay sample on New Capitalism by Peston specifically for you for only $16.05 $11/page Learn More Moreover, Stelzer (2008) and Peston (2008, p.1 and p.6) assert that the new age capitalism has resulted in higher numbers of unemployment. Peston (2008) equates this numbers to â€Å"The extraordinary volatility weve experienced in the price of sterling, commodities, energy, shares and capital which makes it so hard for businesses and investors to plan.† (p.1). He then collectively alludes that the remaining unemployment figures are as a result of tight budgets in economies which is making companies streamline their expenditure through cutting down of jobs (p.5-6). To this effect, Sennett (2006) says that the cutting down of jobs will only affect the tumbling economies and not those capitalist societies that had anticipated the socio-economic shake up. Again, this is the reason why China and India have been recently reported to have increased employment rates (Stelzer, 2008). Interestingly and sadly, this new brand of capitalism is making most governments use the common man as their financial cushion- when in real sense, it should be t he opposite. Accordingly, Peston (2008, p.3) notes that this â€Å"oppression† to the common man is comes in form of over-taxation and the reduction of support-funds. The money realized from the taxes are then used by the governments to try resuscitating the, seemingly, dying financial powerhouses like banks, state corporations, privately state owned investments among many others. As for the reduction in funds, this is simply meant to cut on the expenditure by banks and other donor organizations so that the money can be ploughed into other revenue-generating projects. According to Sennett (2006), this poses a great challenge to the â€Å"modern man† who has grown up relying on such funds. Consequently, the withdrawal or reduction of the funds leads to impoverishment of this people which further opens a door for a vista of detrimental effects like: low economic output, poor healthcare and in some cases, untimely deaths which wholesomely plunges these economies even more . In relations to the above point, Peston (2008, p.3) observes that once the banks have started facing problems, most money managers withdraw their moneys from banks and, in most cases, invest them in overseas countries or bank them in offshore accounts. This eventually leaves their native bank with no money to conduct its business. And as we all know, this cumulatively impacts negatively on the country’s socioeconomic and political setup (Sennett, 2006).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Notably important, Peston (2008, p.1) says that â€Å"For many years to come, whats happening will affect the relationship between business and government, between taxpayers and the private sector, between employers and employees, between investors and companies.† This is a trivially bad circumstance to end up in- based on the much we have witnessed so far. It is therefore important that we not only look at the consequences of the New Capitalism, but go a step further and show how we can curb or if possible, ultimately stop its negative effects. In doing so, we must first inherently establish its root causes (things that have contributed to it), then from here; we can get to uproot them and cultivate a new environment that nurtures positivity by offering possible solutions. So what/who is responsible for this perilous situation we are in? Contributing factors to the consequences of New Capitalism With regards to what/who is responsible for our current New Capitalism predicame nt, Peston (2008, p.5) says that â€Å"We’re all at fault to varying degrees.† Whether knowingly or unknowingly; we all have, in one way or another, contributed to the dilemma we are in. Starting with the government, Peston (2008, p.5) reports that â€Å"The authorities in the US and the UK were aware of the dangers of allowing the financial and trade deficits with China and other exporting nations to persist† but instead of correcting it through proper regulation of taxation and interest rates to reduce increased consumption; they chose to keep quiet thus landing us in our current quandary. Additionally, Peston (2008, p.5) says that the general public partly got themselves into the mess that they are in. Instead of questioning the ramifications of the colossal hedge funds and private booms of 2007 which were given at absurdly cheap terms; they blindly signed the dotted line and partook of the funds. As at now, most of them are still struggling with repaying tha t, when they would have simply avoided it in the first place. As for the banks’ role in the devastating implications of New Capitalism, Peston (2005, p.5) expressively notes that: A corollary of precisely this complacency was that central banks, such as the Bank of England, were hopelessly wrong in believing that the explosive growth of credit and the surge in the price of assets such as houses was somehow hermetically sealed from the rest of the economy, such that it wouldn’t damage everything when the bubble was finally popped. As we now know, the growth of credits was a porous plan that negatively impacted and still continues to devastate Britain’s economy. To make matters worse, Peston (2008, p.5) observes that: Regulators were negligent in allowing the creation of what’s become known as a shadow banking system, in which trillions of pounds of long term loans in the western economies were financed with credit that could be withdrawn far too quickly. A s a result, there was no fall back or something to adhesively hold the economy once financial shake-ups began hitting hard. Finally, Peston (2008, p.5) blames the media for agenda setting a platform for the negative growth of New Capitalism by ignoring to play the â€Å"watchdog role† and warning the world about this predicament. The way forward- possible solutions Of course banks and the government played a bigger role in getting us in this dangerous situation we are in; but going around negatively trumpeting each others’ names and pointing judgmental fingers to one another will not help us. So what is the way forward for Britain, USA and other parts of the world as well? Firstly, Zhou Xiaochuan’s sentiments that the US should take a leading role and adjust its policies, reduce fiscal deficits and increase its saving ratios since it is the world’s superpower; can be a good start (Peston, 2008, p.2). Factors like the heavy debts by the US and the falling down of prices might inhibit this, but in overall it is a venture worth trying (p.4-6). Peston (2008, p.5) just like Sennett (2006) say that massive printing of money can also help reducing debt. However, this should be done sparingly and cautiously to avoid high inflation like the renowned case of Zimbabwe. Personally, I think that the creation of more investment avenues for those at the grassroots of the society can also offer a good balance in the spread of resources thus reducing the gap between the rich and the poor. Once equilibrium is reached, the society is bound to progress as an entity and in-turn, having a positive socioeconomic impact on a global scale. This, among many other fundamental solutions, not stated, can be of invaluable help. Conclusion In finality, it is inevitable to note that New Capitalism is not an entirely bad thing. China, India, Japan, Saudi and other increasingly growing economies are typical examples to ascertain that (Peston, 2008, p.2). Additionall y, the increased networking and cooperation among various countries has been able to open up more trading avenues for investors to spread their financial tentacles. All we have to do is positively learn from our mistakes and forge ahead rather than just sitting down and blaming ourselves over past things that we can not change. References Peston, R. (2008) The New Capitalism. BBC News Web. Sennett, R. (2006) The Culture of the New Capitalism. London: Yale University Press. Stelzer, I. M. (2008) New Capitalism: Market capitalism in the United States will never be the same. Weekly Standard Web.

Using deductive and inductive logic Essay Example | Topics and Well Written Essays - 500 words

Using deductive and inductive logic - Essay Example cision maker as the projection of informed consent -- the competent patient makes a â€Å"living will.† Also, this paper claims that people have the right to die and that their living will is constant throughout. The decision of the surrogate decision maker is also similar to the decision of the incompetent patient; the idea centers on the scope of time: past and present. The choice from the past is still the choice of the present considering the principle of informed consent. It is debatable to say that a person’s decision changes over time, especially when that person expressed it in writing. The living will is a written form of the patient’s explicit declaration concerning his or her thoughts of an ideal life or death. The contents of the living will are true and valid for all time when the physically and mentally competent patient makes one. Humans can choose either life or death especially when one is at the verge of utter helplessness. Life as we know it directly springs from humans; and to exercise mercy killing or suicide per se sounds fairly human. A physically incompetent person, for instance, is better off than live a life not far similar to death; he or she is alive via the brain’s electrical activities but dead via the immobile physical body. A living dead, so to speak, is a horrible human condition. Therefore, the practice of physician-assisted suicide to an incompetent patient is perfectly human. The right to die is an inalienable and human right. Nobody can take one’s life but himself or herself. One’s life and one’s body is one’s own. It is the prerogative of the individual who owns that body/life on when and how he or she wants to die. Death is sweet when the ideal life appears to be impossible to attain or is not attained. People have the right to die like their right to life. Death is the last option when life seems to be not the kind of life one perceives it; for in death, there is life as well. A terminally-ill patient should

Environmental policies in USA Research Paper Example | Topics and Well Written Essays - 2000 words

Environmental policies in USA - Research Paper Example The issues of environmental conservation have become so serious that they can no longer be ignored by the current generation unless we want to do it when the danger of a global disaster becomes inevitable. To this regard, a number of studies has been conducted regarding environmental issues to come up with various solutions so that to impend danger of humankind extinction. Different governments globally, including the government of the United States, have formulated various legislations with an aim of safeguarding the environment. The issues regarding environmental policy of the United States are to be regulated the federal government. Activities having environmental impact according to the United States environmental policy provisions should be acted upon by the federal government. The main purpose of formulation of environmental policy is to that the current generations protect the environment for future generations. The United States environmental policy also tries to interfere as little as possible with the efficiency of commerce and tries to limit inequity in who is burdened with environmental costs. The government of United States has instituted legislations that regulate the environment. These laws are administered by the United States Environmental Protection Agency (EPA), which was formulated in 1970 and has been bestowed with the power to control pollution and the environment at large since its inception. The United States is without doubt the number one country that’s spends a greater portion of its GNP in cleaning up the environment. The United States residents have in many occasions demonstrated a great deal of concern when it comes to environmental problems. As a result both local and national political leaders in the United States talk about environmental issues in their campaigns (Kraft & Vig, 1990). Each year millions of United States tax payer money and donations are spent in environmental policies plan and in management of resources. The United States has managed considerably, in recent decades to reduce many types of pollution, environmental disasters and improved the quality of waters in many places. But that being said, The Unites States just as many other countries faces and is still struggling to use its God given recourses in an efficient way and to preserve its ecosystem (Bass, Herson & Bogdan, 2001). When the United States started to develop an active environme ntal policy, it was a sovereign nation state which possessed all the constitutional, institutional, economic, and political requirements to conceive and implement a coherent and consistent environmental policy home and abroad (Holt & Winston, 2002). Various studies in the field explain that until the 1960s water and air issues were mainly dealt with at the level of individual states within the United States. This lead to an increased public concern, that ended up prompting the Congress to adopt federal air pollution legislation in 1965 and 1967 which later was reinforced by the Clean air Act Amendments of 1970. This didn’t stop here as a similar development occurred in the water sector of 1972 (Bass, Herson & Bogdan, 2001). As of the 1970s, Environmental policy in the United States started experiencing a strong centralization. This included the adoption of federal legislation concerning air and ware pollution, industrial permitting, nature protection and soil cleanup policies ; and powerful enforcement mechanisms, in particular via the EPA during 1970s, EPA and other federal agencies pursued a vigorous and robust policy