Business Ethics - Disussion Questions Case Study

Business Ethics - Disussion Questions - Case Study Example ork ethics will be formulated with an emphasis on loyalty and respect, a workable agreement on fair dealings, built trust, well-informed decisions on values rather than beliefs among other features. It will be important to therefore study, understand the country with its cultures and beliefs, and interact with the societies in order to deploy better relationships with the environment. The trans-cultural integrated ethical decision-making entails the aspects of addressing the need for including cultural factors in the process of ethical dilemma resolution. This trans-cultural model incorporates well-defined concepts from multicultural theories into ethical decision-making models that can be adapted primarily from an integrated model deployed. This approach is presented in a format that can be used by counselors facing ethical challenges within a variety of settings and within different cultural groups (De, 2012). The benefits of developing a transcultural corporate ethic entail the aspect of improving the welfare of a society and the interests of the organization. The social responsibility in organizations will also be improved and this will enhance the course of an organization. The management has within its power the capacity to develop a transcultural corporate ethics. They have the ability to also strive to develop a strategy that embodies a jointly developed transcultural virtues, with this virtues forming a common bond through all cultural difference. It is, therefore, important to understand that profits and ethics are essential elements in the process of evaluating an organizations activity. During profits major on showing organizations results from a quantitative viewpoint, ethics also reflects the quality of these results. In relation to this study, total is a gas company that competes with the Shell group with both being gas companies. Shell group amongst other things provides that all people should at all costs avoid conflicts of interests between

The KFC Business Model Essay Example | Topics and Well Written Essays - 1500 words

The KFC Business Model - Essay Example From 1900-1924, Sanders held a variety of jobs. In 1930, in the midst of the depression, Sanders opened his first restaurant in the small front room of a gas station in Corbin, Kentucky. Sanders served as a station operator, chief cook, and cashier. He named the dining area "Sanders Court & Cafà ©." In 1936, Kentucky Governor Ruby Laffoon made Sanders an honorary Kentucky Colonel in recognition of his contributions to the cuisine of the state. The pressure cooker was introduced. Colonel Sanders began using it to fry his chickens to give customers fresh chickens faster. 1940 was the birthdate of the original recipe.The Colonel began franchising his chicken business in 1952 by traveling from town to town and cooking batches of chicken for restaurant owners and employees. The Colonel awarded Pete Harman of Salt Lake City with the first KFC franchise. A handshake agreement stipulated a payment of a nickel to Sanders for each chicken sold. Sanders sold his interest in the U.S. company fo r $2 million to a group of investors headed by John Y. Brown Jr., future governor of Kentucky. The Colonel remained as a public spokesman for the company. In 1966, the KFC went public. KFC was listed on the New York Stock Exchange in 1969. More than 3,500 franchised and company-owned restaurants were in worldwide operation when Heublein Inc. acquired KFC Corporation in 1971. On 16 December 1980, Colonel Harland Sanders, who came to symbolize quality in the food industry, died of leukemia. Flags in all Kentucky state buildings fly at half-staff for four days. PepsiCo, Inc. acquired KFC from RJR Nabisco, Inc. In 1997 PepsiCo, Inc. announced the spin-off of its quick service restaurants - KFC, Taco Bell and Pizza Hut - into Tricon Global Restaurants, Inc. In 2002, Tricon Global Restaurants, Inc., the worlds largest restaurant company, changed its corporate name to YUM! Brands, Inc.

Completing Thesis: A Reflective Statement

Completing Thesis: A Reflective Statement Normally I set date to start my assignments am not a person who starts things earlier and finish it earlier, I set a time to start up things but anyway I finish my work on time. But after the last day of my dissertation advice session I start working on my thesis from that day. In the dissertation advice session the information given to complete the reflective analysis was major cause which helped me in to make my reflective report successfully. That daily dairy idea not only helps me in this project but also for normal activities of my life I started noting some important things. To complete the thesis I worked practically by talking to lot of people and I did studied lot of books, journals and internet materials and some thesis which is written by some one relates to topic. t took me almost 2 months to finish this thesis with all my hard work involved in it. When I started doing a thesis I found it difficult as I never did research like this as my previous education is based on exams and question and answer session. But this is the first time I am doing a project with lot of field work and lot of time I spend for understand the logistics management and the challenges faced by them. When I started doing this project I was not guided by any one and I was blank. Because I dont know what to write and how to start. Then I felt like going slowly to understand the topic first. What the topic says and what are the challenges faced by the apparel industry in logistics market. As one of my friends directed me what thesis is and what is the solution we should find for the topic. Which is set by the university. Before working for project I started collecting informations like articles, journals, websites and books related to supply chain management and logistics. Group discussion held after the advice session was useful that I come to know about the opinions and ideas of my group mates which was different from one another and was very useful. Every day colleagues came with several ideas which were followed by all the members of the group. But after meeting several people and after getting lot of information about the topic and different answer from different people and different book and journal says different things about the logistics world. It was bit confusing to start with but by setting a time limit to myself to write what I learned every three days. At the end of the month I saw what I wrote after 3 days. Then I consolidate it as a report. These are my basic step I took to start a thesis. But I find difficult in finding the information practically which is meeting the apparel industry managers and staff. As I find hard to get appointments to get information and the information they provide is not fulfilled my questions. But still I did not lose the hope. I did lot of try at last in few stores like Zara in Croydon high street and M S in Guildford had a good response to my entire question. I would like to state few of the answers provided by the managers in Zara, MS and few more stores. As I had several question relating to the topic. I went to Zara, Next and MS apparel stores to find out their logistics performance. First one I went is Zara in Croydon high street surrey. Were I found good information about their logistics strategy and the manager of the store started out by saying the apparel manufacturers and retailers mantra for the new millennium? Speed to market. Its the last leg of the right product, right market, right time race and its all about logistics. And he told the companies started concentrating and started investing heavily on investing on logistics as it is the back bone of the fashion industry. If I say you my personal opinion Zara logistics performance is excellent as it is vertical integration to ensure control over supply chain, and proximity. Zaras centralized distribution facility gives the chain a competitive advantage by minimizing the lead-time of their goods. Zaras internally or externally produced merchandise goes to the distribution centre. This is cost-effective due to the close proximities of the distribution centre in Arteixo and their factories in Coruà ±a. In the distribution centre, products are inspected and immediately shipped, since Zaras distribution centre is a place where merchandise is moved rather than stored. Then, to increase delivery speed, the shipments are scheduled by time zones and shipped by way of air, and land. The typical delivery time within and outside Europe is between 24 to 48 hours. It was an informative session I had in the Zara store and I was amazed with their logistics performance and the lead time to the shelf is best than all other brand. Like M S and Next lead time is longer than Zara lead time and these brands are horizontally integrated. But I found there is a disadvantage in vertical integration which I asked this question to a M S store in Guildford, Surrey. Zaras strategy also creates some weaknesses. Their vertical integration has more Advantages than drawbacks but it is important to recognize its limitations. Vertical integration often leads to the inability to acquire economies of scale, which means they cannot gain the advantages of producing large quantities of goods for a discounted rate. Higher costs are then incurred for the Inditex Corporation. Inditex also has to support their own high capital investments for their chains and be able to financially back their Technology and skills beyond those currently available within the organization. Zaras speedy and recurrent introduction of new products incurs increased costs as well. They have higher research and development costs. They also have elevated costs due to the constant changeover of production techniques to create their different apparel lines. That also means that employees must be trained in order to use the new manufacturing techniques, which again leads to increased costs. Traditional retailers do not experience higher costs in all of these areas. I found lot of information from local shopper till the managers about the logistics performance of lot of the apparel market like TK Maxx, Self Fridge, John Lewis and more. The outcome all are finishing at the end is right product at the right time and reducing the lead time to the shelf is always challenging to the logistics market. During my collection of information I came across some problem, I shifted from Luton to London in the beginning instance I find difficult in searching books and other related journals, but by the advice given by one of my friend I came to know libraries nearby it helped me in collecting information. I made a timetable for myself every week and worked according to it. Mostly I go to libraries and collect informations during day and after I return home I took rest for myself for some hours and then go through the information collected by me on that day and will take notes for my thesis. Once unfortunately I got a call from one of my elder cousin who is working in dubai and when he asked me about my studies I told him that am working for my project and by saying him the topic he gave me phone numbers of some persons who working in logistics sector. The information which was collected by me through phone from logistics managers who are working for ETA groups in middle east countries gave me a detail idea about the challenges which their company face and it was useful for me to research on the basis what exactly affecting apparels. From the day I started working whoever I meet I just put them my dissertation question and take note of the points given by them. For getting additional information and opinions of people I questioned them and comment their ideas and opinion in between which makes them to give answer and which helps me in theoretical argument. This is where the stage I taught myself how to approach people in collecting information and getting ideas. Each person tell their views what challenges their company face and I came to know that some challenges which are major in some countries are not a big problems in other countries. So then I started my work focus on different countries challenges in port and other clearing process. Then I realised that my ability to research on a issue was improving and I felt much confident. Previously while working for my assignments I compromise if I didnt get certain information. But I felt that compromise doesnt wins an argument, so I was very much strict in what I want and I didnt used any substituent if I couldnt get information related . I tried and kept pressure on myself to finding things what is needed for me in completing successful thesis. I find some difficulty in working during weekends after returning from my work. So entirely in the first month I couldnt able to work for my project during week days. Later I realised that am wasting time and even started working on weekends. This two and half month I heard many people saying even the person who talks with me in phone says your quite reserved than before. This is because my minds always think about the project that i need to submit and most of my words I had with my friends were about my project. Normally I am a talkative guy in nature but this time span made me and showed me a person who listens more than speak. I believe that this field work made me to think and act rather than before. Now I do started following the quote plan and implement. I even feel my patience was more than before. I even watched some short videos in Google and YouTube and some of the interview posted by people related to logistics and supply chain management as it was in a visualisation mode It helps me more in understanding the concepts and I made it as my hobby whenever I feel bored i use to watch songs but after starting my project I started watching videos related to logistics. It also took me in interesting way and motivated to watch more videos of such type. After collecting information from different ways like media, books, magazine, newspaper, journals, internet and meeting several professional and non-professional people I came to a understand a change in supply chain strategy and the current supply chain strategy in rapidly developing market. I couldnt able to be in contact with my group members often as am far from them so most of my time with them were in phone and I too asked suggestions and gave them suggestions in finding information. And there was a huge difference in the way of working for project among my group mates and the incidents and experience which we shared was useful for us in going to find more information. To make my work more easier in finding resources I even spoke with some seniors colleagues who finished their masters successfully they told about their time span spend for finishing the thesis and problems faced by them this made me aware to get rid of some problems which I may face in finding and working for data collection. I even quote a line for myself while going through data collection. That suggestion can be asked from everyone but decision should be decided only by my own. I felt there was one mistake which I made in this project work is I collected and take notes not in unique order that I should do my project .i mixed notes and it was quite difficult for me to arrange and make it. I get tensed several times because I was not confident and proper and was in a dilemma in making paragraph. I doubt myself which I need to mention first and follow other things. But quietly I came on it and did that accordingly in my best way. When I finished my theses I felt much happy that I havent felt happy like this when I finish my normal assignments. I believe that the effort I insert for this project in double the time which I work for assignments. After collecting information from different ways like media, books, magazine, news paper, journals, internet and meeting several professional and non- profession people. I come to a understand a change in supply chain strategy and the current supply chain strategy in rapidly developing market. But after collectively found some information about the topic I put myself in the place of a logistics manager and what will I do if I face this problem. I put myself in lot of question. This I thought because I felt like after my studies I have to face all the challenges and question I am thinking currently. I thought I will inter relate my questions and the challenges faced in my thesis which I did and more over this thesis made me think as a manager for a logistics apparel firm and it put me in a confident that I am capable of taking decision and I am capable of managing a logistics firm and I come to know what are the challenges and what are the disadvantage currently facing by the logistics operation. What is jazz? What is jazz? What is jazz? This question has been debated throughout the 20th Century, as jazz has proven difficult to define. The dictionary definition of Jazz states jazz as â€Å"a genre of music that originated in African-American communities around the late 19th – early 20th century†. Regarding its musical features, jazz relies heavily on the use of improvisation and syncopation as well as incorporating elements such as blue notes and poly-rhythms. The birth of jazz into Americas multicultural society has led many to believe that Jazz in one of Americas pristine art forms, parallel to the western classical tradition in Europe. But does this make jazz an American way of creating music, and therefore Americas classical music? This assumption leads to questions about identity and race as a social construct. Jazz emerged as an indigenous form of music that reflected the American ideal of the individuals freedom of expression. However throughout its discourse, jazz has continually evolved from casual improvisations into a set of musical elements that can characterize and define each classical style. However each new classical jazz style carried emerging ideas of ethnic black identity as a sub cultural crisis point. For example, the Blues period was a reflection of slavery, dixie jazz was an early reflection of crayol life and swing represented the commercialisation of black musicians. This implied the idea that jazz music was a reflection of race which articulated African American feelings and thoughts of the socio-political injustices of the time into the music. It is this struggle for identity and equality that in many ways, suggests jazz is a metaphor for the American idea of democracy. However the introduction of jazz to the black community was initially seen by the white as transgressive. It gave the black community emancipation from race, but not an emancipation of race. In essence, jazz created black people who spoke like middle class white people. This subverted their ethnic identities, which created a new socio-ethnic black stereotype, allowing the black man a redefined status. This led to many artists such as Dizzie Gillespie to create a new black intellectual image, as the social boundaries began to break down. Yet it could also be argued that this merely replaced one stereotyping with another. As jazz became more popular, white jazz bands such as the Benny Goodman Orchestra (1935-1939) began to emerge. However, music critic/poet LeRoi Jones saw problems with appropriating jazz. As a champion of the African-American population, he believed that black music belonged to black people. He saw white jazz musicians as thiefs that steal music from black people. How can jazz be seen as Americas classical music if America is divided on its appropriation? However, over time this view changed. Some 50 years later, jazz arguably transformed from a single, guarded expression of the consciousness of African Americans to a national music. This identity of jazz emerged in 1987, when the 100th congress of the U.S.A recognized jazz as â€Å"a national treasure to which we should devote our attention, support and resources to make certain it is preserved, understood and promulgate† (Price 2003, 1). This was a unique American phenomenon which appropriated jazz as a national symbol. Jazz historian/critic Grover Sales book Jazz: America’s Classical Music (1984) initiated this discussion of jazzs importance a few years earlier. The main proposition in the book was that jazz was a serious form of music that should be regarded as equally important as Western classical music, despite its differences. In 2001, the same statement was made in Ken Burns documentary Jazz (2001) by trumpeter Wynton Marsalis. This started another debate as to whether jazz should be perceived as Americas classical music or whether jazz and classical music should remain separate. On the one hand, jazzs emergence as a form of popular music in the United States, like classical music was performance orientated, with jazz schools such as the Association for the Advancement of Creative Musicians (AACM) formed in Chicago, 1965. This association, much like a conservatoire aimed to give young African-American jazz tutelage. As a genre, jazz music has also evolved through different forms, levels of complexity, literacy and excellence. Because of this, it shared many similarities with classical music. It is also argued that, like the classical music of other cultures, jazz has been time tested. In the early 20th century; it became a standard and a model, later established value and most of all was native to the African-American culture. A culture which, echoed its struggles, decade by decade through music. Jazz serves, in a sense, as a musical mirror, reflecting how not only the African-American jazz community saw themselves at different times in their history, but als o how society portrayed them, for example in the way Hollywood movies portray the 1920’s and 30’s using the jazz of those decades to underscore the pictures. Trumpeter and composer Wynton Marsalis, believed in promoting the appreciation of both Classical and Jazz music. Born in 1961, Marsalis career progressed from teacher, to music educator, becoming Artistic Director of Jazz at Lincoln Center in New York City, winning nine Grammys in both genres in the process. But despite his talent, critics opposed Marsalis views. Scott Yanow criticized his â€Å"selective knowledge of jazz history† and that he considers â€Å"post-1965 avant-garde playing to be outside of jazz and 1970s fusion to be barren. Marsalis was also criticized for pressing his opinions as producer and on-screen commentator in the Ken Burns documentary Jazz (2001). The documentary focused primarily on legends Duke Ellington and Louis Armstrong, presenting jazz as a lineage of great men and as Americas classical music. Marsalis also covered the years 1920–1965 more than later decades, and almost disregarded 1970 jazz completely. In response to the film, music journalist David Adler wrote, Wyntons coronation in the film is not merely biased. It is not just aesthetically grating. It is unethical, given his integral role in the making of the very film that is praising him to the heavens. Grover Sales opinion in 1984 supported Marsalis view, but he too was also criticised. Emmett price, associate professor of music and one of the worlds leading experts on African-American music, opposed Sales saying; â€Å"There is nothing classical about jazz. Classical implies static, non-changing; a relic frozen in time. J azz has never been static, non-changing or frozen. (Price 2003, 1). Prices interpretation is questionable, as the idea of classical music as a relic frozen in time is controversial, however his point about jazz being the opposite of this is hard to disagree with. The genre of jazz has been constantly evolving through the decades, with the emergence of fusion as a hybrid musical form. Can any classical genres, such as music from the Romantic period be described as a hybrid form to the same level as fusion is to jazz? Immediately there is difficulty classifying jazz as a classical music. Jazz is a constantly changing art-form that nowadays refers to new and evolving genres (such as acid jazz, punk jazz in the 90s). Arguably, the idea that jazz is never finished evolving challenges Sales 1984 claim of it being a form of classical music. The word classical implies a level of unchanging, solidarity, so is it appropriate to label the ever-changing jazz climate as classical music?

Marhsal Field :: essays research papers fc

Marshal Field The elder Marshall Field considered himself the â€Å"Chief Apostle of the American Way,† he epitomized the American Dream by becoming one of America’s first rags to riches stories in the industrial boom of both the pre-Antebellum and post-Antebellum periods. Marshall Field was born and raised as a humble farm boy and became perhaps the greatest businessman this country has ever had. Field learned his work ethic as a young boy by direct example of his father, who started working two hours before daybreak and stopped two hours after. As soon as Marshall could walk, he was working on the family farm. At the age of six, he enrolled in district school only during the winter months when farm work was scarce. He continued these lines of life until the age of fifteen, when the Field family was forced to stop working their farm due to a road closure. At this time it was decided that since Marshall was the youngest son and did not qualify for of the estate property, that he would have to go out and earn his own living. His father being friends with the local dry goods (general store) owner secured Marshall a clerking job in the dry goods store. Ironically, Marshall was fired from that same job after two weeks. When the father inquired what had happened the owner told him that your son has no future in the dry goods market and he should be kept at home on the farm where he belongs. Marshall Field then began working as a hired hand on his brother’s farm. After two years of being his brother’s servant, he moved to Pittsfield, Massachusetts with his other brother. His brother had secured Marshall a job at the Deacon-H.G. Davis dry goods store. There his first year salary was a measly $400. However, he was able to save two hundred of this by sleeping in the store. By the time of the 1857 panic, Marshall had modernized Deacon’s credit policies; subsequently Deacon was not monetarily damaged by the panic. By modernizing Deacon’s credit programs Field was able to insure the store’s future by making credit harder to attain, by shortening the amount of time customers had to repay the store. Because of some unwise business dealings the store’s owners had been involved in, the store was reorganized into Cooley, Farwell and Company. Marshall Field was then awarded a partnership for his part in saving the store from the Panic.

On the sidewalk bleeding Essay

Sixteen year old, Andy Anderson, was found dead 3:00 am in the morning by his girlfriend Laura. Andy Anderson a member of a gang that refer to themselves as the ROYALS recently got stabbed by another gang group the GUARDIANS. This incident took place in a dark alley right in front Alfredo’s, a local corner store. The police think that andy was stabbed around 11:30 p.m. and slowly bled to death. He was stabbed with a knife just below his rib cage. Due to some evidences we’ve gathered at the scene and witnesses we spoke to, we have some major leads on this crime scene. Our first witness was a 32 year old man, luke lucas, who was sorry that he was too drunk to realize that andy was dying. â€Å" I only wish I would have been sober, I would of been able to help.† He said during his interview. Our next witnesses were two teens, they saw Andy lying down â€Å"on the sidewalk bleeding† and wanted to help †¦ until they saw his bright purple ROYALS jacket. The two teens did not want to get mixed up in between these two gangs. We are still asking them further questions on this because we feel that we’re not getting the whole story. This devastating tragic event really shows the extreme dangers of gang violence. When the police saw Andy’s ROYALS jacket that he had taken off, they knew that this wasn’t just a random act of violence, and that this was a planned attack. What a price to pay for being in a teen death, what a tragedy. Police would like anyone with any kind of information with any kind of information to contact 69 division or to leave an anonymous tip for crime stoppers. Andy’s funeral will be held at Holy Redeemer Roma n Catholic Church in Ottawa Sunday afternoon. Donations are being accepted by the Youth Services Bureau of Ottawa in the teen’s honour.

Musculinity and drinking

1.   Does the study meet the scientific requirements?It cannot be denied that scientific study has become of great importance to any profession.   Everyone is aware of the fact that knowledge is increased through study and that critique of that study can also provide a basis for improving the study practices.  This study, â€Å"The Glass Phallus Pub (lic) Masculinity and Drinking in Rural New Zealand by Hugh Campbell meet the scientific requirements as it involved an intensive analysis of a particular site.2.   Is it a research study?Moreover, it is a scientific study utilizing the ethnographic fieldwork research methods.   Ethnographic research or fieldwork is considered an essential part of the training towards becoming a social scientist such that it is said to play a role in â€Å"consciousness raising† by extending one’s view of the world and challenging one’s assumptions about the nature of things (Robson, 1993).   Through ethnographic research the fieldworker gains an appreciation of the diversity and complexity of the human social condition and, at the same time, of the ultimate unity of human-kind.3.   Is it a quantitative study?No, it is not a quantitative study since it did not use any notation system. It must be noted that quantitative researchers assign numbers to observations and produce data by counting and measuring things.   Further, this study did not use any counting and measuring of things.4. Is it a qualitative study?Yes, this is a qualitative study since the researcher did not make counts or assign numbers to his observations. But rather, the researcher gain access into the â€Å"life-world† of his subjects and male groups; that is, to discover their motivations, their sources of meaning, their emotions and other subjective aspects of their lives because it is only in doing so that a researcher will be able to see, to describe, and to understand human behavior and social phenomena with greater d epth.   In addition, the researcher employed a qualitative research method which is participatory ethnographic fieldwork (p.262)5.   Is it clearly written?Yes, it is clearly written as the researcher used the first person and based on his experiences and analysis6.   Assess the title.The title is somewhat vague though as the author used a metaphor and one may not be totally familiar with â€Å"The Glass Phallus.†   So, one has to read the article thoroughly first before understanding the meaning behind the title.7.   Assess the authors` affiliations.Not much of the authors` affiliations were included in the study except that he has lived in the research area or community for five years as this is a participatory ethnographic fieldwork (p.262)8.   Assess the abstract.The abstract is clearly stated and includes the necessary things to include in an abstract such as the subjects and locale of the study, design of the study, the results, and the conclusion.9.   Asse ss the references.The references used were comprehensive and suited to the given study.10.   Is there a centrality of purpose between the introduction, method, and results?Yes, more or less there’s a centrality of purpose between the introduction, method, and results. But lesser centrality between introduction and method as the introduction is more of a myth about the rural pub, a nostalgic fiction of yesteryears as described in the introduction.   The method and results has more centrality as the author was able to connect the method used which is ethnographic fieldwork to the results of the study which is more qualitative.   The results of the study presented are ethnographic data which are the product of systematic and sustained observation.11.   Critique the introduction according to:– the literature reviewThe authors’ review of literature was conducted and integrated in the discussion part of the article although previous studies were not referred t o by specific articles, the names of authors and publication years were given. Moreover, the literature reported supported the selected qualitative method used in the study.–      study purposeThis study, â€Å"The Glass Phallus Pub (lic) Masculinity and Drinking in Rural New Zealand† by Hugh Campbell, examined the various ways in which pubs operate as a social site, where male power is constructed in rural communities.   Another is to examine the way in which symbolic notions of rurality are integral to the construction of gendered power in rural space.12.   Critiques the Method according to– the sample selectionThe sample of the study population was large (150-200) men who worked in farm service industries, were farm workers, owned or managed small farm service firms, or (a minority) were bachelor farmers.   Manual laborers on farms and in the farm service industries constituted the majority, but men from the agricultural petite bourgeoisie also were presented consistently.The participant sample selected basically on their performance known as the after-work drinking session.   The temporal parameters of after-work drinking strongly influenced which local men could join the pub (lic) performance of masculinity.   In addition to the fact that this study was the result of two periods of fieldwork within 5 years of ethnographic research, all the above mentioned criteria achieved the data saturation required.– the study designA participatory ethnographic study using formal and informal interviews was conducted to frame the design of the study (p.262). The method used was appropriate for this study as it sought to examine the various ways in which pubs operate as a social site, where male power is constructed in rural communities.   Also to examine the way in which symbolic notions of rurality are integral to the construction of gendered power in rural space.In addition, the qualitative interviews were undertaken to und erstand the experiences and all that they entail.– data collection proceduresData collection procedure used which was formal and informal interviews and were consistent with the purpose of the study since the study was a qualitative.   Moreover, 200 hours of participatory ethnographic fieldwork (in the pubs), made an even greater abundance of informal discussion and dialogue with members of the community.– researcher’s roleThe researcher’s role is to conduct interviews (formal or informal) using the participatory ethnographic fieldwork.– the issue of timeThis study was done for approximately 5 years of living in the community. The researcher has done interviews and discussions not just in the pubs but also in various locales such as sports clubs, churches, and voluntary organizations, and in the subjects` workplace.– materials/instruments usedThe strategies and tools involved in data collection includes ethnographic audiotaped interviews w hich includes open-ended, broad â€Å"grand tour† questions followed by more focused and in-depth discussions; participant observations were conducted in a variety of places; photography was extensive.13.   Critique the Results according to– findingsAnalysis from data obtained revealed two major characteristics of pub drinking performance, which are the conversational cockfighting and the disciplines of drinking. These two combine to ensure that a particular version of masculinity, here called pub(lic) masculinity reproduce itself.   A further finding is that masculinity in this kind of performative situation develops a degree of invisibility.– tables, graphs or chartsNo tables, graphs, or charts were included in the study.– statistical data and tests usedNo statistical data or tests were used as this is a qualitative study. So no sample data were given.   Only some conversation or descriptive data were presented.-discussionThe discussion of the res ult was done comprehensively and thus thoroughly-limitationsThe researcher realized the difficulties of analyzing an invisible masculinity and argues that rendering masculinity is an important task for any sociological analysis of both public leisure sites in rural society.-implications– The significant implication of this study is that rural sociologists must move quickly beyond viewing rural pub as just another aspect of the rural idyll but it is more of the operation of gendered power in rural communities, and as a site where rural masculinities are enacted and defended.ReferenceRobson, C. (1993) Real World Research: A Resource for Social Scientists andPractitioner-Researchers. Blackwell.

How to Make a Smoke Bomb Fountain Firework

How to Make a Smoke Bomb Fountain Firework Kick the traditional smoke bomb recipe up a notch to make a firework fountain that shoots purple flames with lots of smoke. This is a fun and easy homemade firework project. Plus, its economical. You can get a long-lasting display for quite a lot less money than it would cost to purchase a fountain firework. Smoke Bomb Fountain Materials SugarPotassium nitrate (sold as saltpeter or stump remover)Toilet paper tubeAluminum foil Construct the Smoke Bomb Fountain This is the traditional homemade smoke bomb, except instead of making small cookie-sized smoke bombs, you pour the smoke bomb mixture into a toilet paper tube. You wrap the outside of the tube with foil so that the smoke and fire will escape out the top of the tube. Finally, you take the fountain outside and light the edge of the toilet paper tube. Wrap the bottom and sides of an empty toilet paper tube with aluminum foil. The purpose of the foil is to direct the fountain upward.In a skillet, mix together 1/2 cup of sugar with 1/2 cup of potassium nitrate.Stir the mixture over medium heat.Continue cooking the smoke bomb fountain mixture until it is brown and well-mixed.Remove the mixture from heat and pour or spoon it into the foil-wrapped tube. Allow the tube to cool so you can handle it.Take the fountain firework outdoors and place it on a fire-safe surface, away from trees or buildings.Light the toilet paper tube on fire with a long-handled lighter or match. Move away from the fountain.After the firework is done, douse the area with water to make sure the fire is out. Disclaimer: Please be advised that the content provided by our website is for EDUCATIONAL PURPOSES ONLY. Fireworks and the chemicals contained within them are dangerous and should always be handled with care and used with common sense. By using this website you acknowledge that ThoughtCo., its parent About, Inc. (a/k/a Dotdash), and IAC/InterActive Corp. shall have no liability for any damages, injuries, or other legal matters caused by your use of fireworks or the knowledge or application of the information on this website. The providers of this content specifically do not condone using fireworks for disruptive, unsafe, illegal, or destructive purposes. You are responsible for following all applicable laws before using or applying the information provided on this website.

Kindred in 3rd Person essays

Kindred in 3rd Person essays In the novel Kindred by Octavia Butler we see the first hand events of an African American woman from California in the 1970s travel to the antebellum south in the 19th century. This novel then can be called a slave narrative witch is a first hand account of a slaves life. These are done in a first person perspective for the reason that it is the slave who is merely telling their life. Yet what would happen to the power, which is put in this novel if the perspective was change from the one who experienced the events to someone who saw the events unfold? To change from the first person to the third person. This could only have one of two out come one would be that it would only make the novel better by allowing the reader to see all that the author wants them to see the other is that it could make the novel worse by confusing the reader. Both of these outcomes could occur and yet it would also seam that niter could happen and that it would not change the effectiveness of the novel to show the authors point. Yet what is the authors point? It is simple to see that the author is trying to show that people can do things that today are considered morally wrong and evil and yet these people fell that they are doing noting wrong. This is easily show with the first person perspective of Dana by her encounter with her ancestors of Tom and Rufus Weylin. She is treated badly like a slave and yet both of theses men find that they are still good men even though they do what they do to their slaves. This is a third person perspective for Dana witnessed all of the things that were done to these slaves and yet it was also a first person perspective for it was Dana who saw these events and it is her memory. Dana herself also has to endure the horrors of slavery in the time that she spends in the antebellum south. Yet what if all of this was to be in the third person it would have a much different affect on the reader ...

Antivirus Is Protective Software Computer Science Essay

Antivirus Is Protective Software Computer Science Essay Antivirus is protective software designed for protecting your computers system & smart cell phones against Virus, Trojans & Hijackers etc. These all Viruses, Trojans & Win32 etc are called Malicious Software in computer world. All Antivirus software run in the background at all times to protect & defense your computers system & smart cell phones & some antivirus are automatically updated through internet & some antivirus are needs manual updated through internet to protect your systems against Malicious software. Introduction: Antivirus software provides an many essential layer for multitude of the Virus, win32, Trojans & worm etc. The first document removal of the computer viruses was written by â€Å"Bernd Fix†. There are two types antivirus application in the computer world so that the time of the â€Å"Atari ST† platform designed in ‘1987’ & the first one was â€Å"G Data† & second was â€Å"UVK 2000† made by â€Å"Bernd Fix† in â €˜1987’.The word ‘Antivirus’ is come from the word â€Å"Antibiotic† which means implies combat with an invading force of the programs. â€Å"Fred Cohen† designed the strategies relative to an Antivirus software & program in ‘1988’ to solve the virus problems. The old & previews years Antivirus software are not so good because those software only detected the Virus & Spyware etc & remove it from your computers system & damage your some operating system files inside your computers & now AntiVirus software much better than old ones because it detected the virus & remove it without deleting your operating system files inside your computers & it also fight against new malicious software which come from internet network. Well in the preview years Antivirus software are not completely free downloadable on the internet means you could only find some antivirus software with trial version & now Antivirus software are completely free download without trial version . New Antivirus also checked the incoming & outgoing mail, email attachments etc. It also have internet security for internet threats. Advantages and Disadvantages: Antivirus software is very useful in the preventing, controlling, virus & many more viruses program, which can damage the computers components from inside & operating system files to. Antivirus software are used for the methodologies for searching killing Viruses& some of the well knows patterns of computer data & programs. Antivirus programs are very effective against the viruses program, whose is the biggest threat for your computer systems. Antivirus program has some limitations & drawbacks on the other hand, which effect on the computer system performance. In the computer world, inexperienced users can have many problems with the antivirus programs or software such as inabilities to understand, threats of the software & success of the antivirus programs & software are dependent on the ability of the user to understand Or knowing the right kind of balance between the positives & negatives things in the computer world. Antivirus software or programs can cause problems during the installation window in the computer system or upgrade the Windows Service packs in the computer system. Antivirus software can be hampered some few software programs because it used it own firewall to block application to store in the computer system. e.g. True Crypt. Some Antivirus program will not knowing by the policy assessment before make it own policy when it install in the computer system.

Procedures or Methods Essay Example | Topics and Well Written Essays - 750 words - 1

Procedures or Methods - Essay Example All in all, eating disorders are a serious problem facing many high school students, and they need to be mitigated. This paper will outline the research methods that can be used to carry out research causes of eating disorders for high school students, and how these disorders can be mitigated. The research design of this topic included four approaches. They were: which questions to study, which information is applicable, what data to gather, and how to evaluate the findings. The best research plan depends on the research question plus the orientation of the researchers (Discovery Education, 2009). Every design, however, has its negative and positive sides. In this particular study, the researcher can first identify the questions that need to be answered through research. The next step would entail finding out which information is applicable and useful. The research can then discern the data to gather, after which he or she can come up with ways of evaluating the validity of the findings. Students’ chances for developing bulimia or anorexia were assessed through the Eating Attitudes Test-26 (EAT-26). This test was developed by Garner and colleagues in 1982 (Hodges, 2009). The test is a 26-item questionnaire split into three subscales, dieting, oral control, as well as bulimia, which is commonly used to monitor peoples eating behaviors and attitudes that are associated with nutrition disorders. Higher scores reveal more disordered behaviors and attitudes than lower scores. Scores of 15 to 26 show a medium level of threat for developing a nutrition disorder. Scores of 27 and beyond, on the other hand, signify a high level of risk for developing a nutrition disorder. The Eating Attitudes Test-26 has been authorized in various age groups and cultures, and would therefore be the best research instrument in finding out the causes of eating disorders and how they can be mitigated (Hodges, 2009). For

Comment on the Principles Utilized at Google to not be Evil Case Study - 1

Comment on the Principles Utilized at Google to not be Evil - Case Study Example According to the paper the primary concept or principle for functioning was to not be evil; this would include doing everything by the customer’s preferences. Their agreement with China which allows their search engine to be censored was the most controversial of their moves. This move is actually not in the best interest of its end-users and is seen by many as limiting freedom of speech and liberty itself. Its ongoing battle with AT&T is also indicative of its changing standards. It seems Google has changed its stance from neutrality to the survival of the fittest. While they once advocated net neutrality principles it is now increasingly more focused on putting its own interests first. In a way they are effectively crushing small firms and even large competition because of its biased and tyrannical attitude. What was once a motto no longer applies for Google it seems; at the end of the day there is massive copyright and trademark infringement through the search engine that i s allowed and goes unchecked by the firm. Pornography and other disturbing elements are not only widely available but also advertised. So the question is, was the principle only a catchy slogan? It seems it was. Â   Â  

The Silk Road and its effects on the economic development of India, Essay

The Silk Road and its effects on the economic development of India, China, and Southeast Asia - Essay Example India, China, and Southeast Asia were central locations along the Silk Road. The trade route brought together a number of civilizations, with the common denominator of their interaction being the long distance trade between them. The trade locations that the Silk Road covered enhanced the history of every single party. Cultures were exchanged and the foundations of economic growth and development were laid. The various dynasties that existed, including but not limited to Western Han (206 BC–24 AD), Eastern Han (25–220), and Tang (618–907) among others influenced the pursuits of each civilization involved (Boulnois, 2005). China was a key player in the long distance trade that made up the Silk Road. With the Silk Road named after the primary trade product, China’s economy was undoubtedly heading for growth and development. The traded silk in this route came from China, among other traded goods at the time (Christian, 2000). The dominance of silk as a trade product in the Silk Road exacerbated the economic performance in China. Technologies were also exchanged; a scenario that best suited China’s economy. Contributing traders in this pursuit were the Indians, Bactrian, Sogdian traders between the 5th and 8th century CE, and later the Arabs and Persians (Waugh,

Why did the New Zealand government offer Warner Brothers incentives to Research Paper

Why did the New Zealand government offer Warner Brothers incentives to film The Hobbit in New Zealand - Research Paper Example The intent was also inclusive of changing the industry and society into a positive atmosphere, specifically with the expectation that the film would grow in popularity. This was combined with the noted changes in statistics of the society, which required alterations to offer more for those who were living in the region. The approach which was taken toward the filming as well as the expected economic stimulation led to the filming being a positive measure for growth in the economy while creating the destination as one that was branded through both landscape and the popularity of the filming. Moving into Economic Growth A main reason why New Zealand allowed Warner Brothers to film â€Å"The Hobbit† in New Zealand was because of the economic growth that was associated with the film. This was specific to the time frame, which is based on a global movement where each location is able to offer a unique element for the globe as a whole. To be a part of this movement is also the need to create a different understanding and highlight of various locations. The belief from the government was that this particular movie would highlight the best aspects of New Zealand, specifically with the nature shots and the elements of fantasy that were attributed to the landscape. This particular concept led to New Zealand opening into the global market and to push into free trade within the economy, specifically because it forced the barriers in the country to be removed. The intent was then partially based on changing global relationships and growth for a different approach to the economy (Gould, 2010). The concept of opening into free trade is one which was specific to the identification of businesses in New Zealand and the current state which they are in. It was believed that the trade unions and the businesses would be positively affected by highlighting the New Zealand territory, specifically because it would bring a sense of trust and popularity to the businesses in the re gion. This was combined with highlighting the advantages of New Zealand. For instance, the region is known as subsidy free in the free trade agreement; however, it has not opened to the global level of commerce in most regions. The highlights of different countries are also creating fair trade which occurs because of what is known as well as where the best deals are within the economy. By showing the main ideologies of New Zealand, those interested in business and other approaches to fair trade were able to investigate into global agreements while recognizing the strengths that were associated with the approach to partnering with a subsidy free region (Weyer, 2005). The approach which was taken with the economy was known to create a high stimulus and to open the free trade agreement to the region. The return was a $363 million amount of cash that went into the economy from tourism, trade with businesses in the region while filming and a high amount of tourism which began to grow aft er the popularity of the film. This was combined with a continuous range of additional economic activity from $119 to $227 million and indirect benefits of $10 million to $34 million. The concept was based on an international competition for the region to be highlighted as a global area for commerce, trade, environment and other concepts that were portrayed in the film. The scheme allowed the film producers to highlight the best of New Zealand, specifically to stimulate the economy and to force in levels of growth by the growing popularity of the region. The figures show that this particular tactic worked to stimulate the New Zealand economy (New Zealand Film Commission, 2011). Social Stimulus The concept of stimulating the economy not only worked

The Descartes Method of Doubt Essay Example | Topics and Well Written Essays - 500 words

The Descartes Method of Doubt - Essay Example Though  Descartes' views can be considered subjective, the drive to seek knowledge and to prove different concepts had been recognized related to doubt (Gillespie 761). Descartes manner of seeking knowledge was corresponding to the scientific method which starts with a problem. His scientific queries started with doubt, but not with self-doubt. He stated that ideas that had been reflected from his mind were presented and simply stated without prejudice. Then the questions were divided into specific questions that can be clearly answered. The reflective process was then applied to each query on the basis of difficulty or the preset order. Upon the completion of specific ideas, the generalized views were then achieved (Williams 18). Descartes trust on reflective thought is the first principle where he based the subsequent views (Gillespie 761). In his First Meditations, he raised grounds for doubting beliefs in everyday existence. Examples of the arguments presented by Descartes are lunacy and God arguments which raised doubts on opposing groups of believers (Broughton 1). In the process of raising doubts, his main objective is to achieve absolute certainty. In addition, he focused on the method of inquiry because he believed that if doubts on the method of seeking knowledge were eliminated, certainty can be achieved (Broughton 1). In Descartes’ Discourse, he presented the Method of Doubt as the method used in the investigation of the foundations of philosophy (Broughton 1). The application of the said though was not limited to philosophy since he also used the method in mathematical research and queries (p. 5). What then is the main aim of Descartes in the establishment of the method? The Method of Doubt is the method of Descartes in the conception of knowledge. His views mean that knowledge should be uncertain and it should lack any form of doubt. For that matter, he raised doubts and uncertainty to be answered and to be eliminated (Broughton 7-8). His main aim then is to achieve concepts that cannot be doubted and refuted. Descartes’ skepticism is another point of the query because of his view on raising doubt and the application of skepticism in scientific and philosophical inquiries. Based on his view though, his intentions of proving knowledge by raising doubts and skepticism were not because he was a skeptic. Based on the researches on the Method of Doubt by Descartes, the skepticism can be considered as a positive element since it can make scientists face the doubts associated with the quest for knowledge. Instead of moving away from the doubts, they were tackled head-on and resolved (Perin 52). Conclusion The Method of Doubt by Descartes had contributed significantly to the method of scientific, mathematical and philosophical inquiry and research in the modern era. Being a skeptic or not had been an important element in Descartes achievements into becoming the Father of Modern Philosophy.

Should the internet be sensored Research Paper Example | Topics and Well Written Essays - 1000 words

Should the internet be sensored - Research Paper Example So, should the internet be censored? Yes, it has because of the reasons discussed below. Protection of social norms. There is a lot of misinformation that is corrupting the current society through censorship; some laws that are fighting against cultural erosion like exposure of pornographic materials to children can get a voice. Children need proper protection (McCarthy, Martha: pp. 83). They have to be safeguarded from this kind of violence that is so public on the internet. Parents may not be in a position to look after their children at all times due to commitment at work. While they may assume their kids are safe while accessing the internet, it may not always be the case. Pornography and other sexy images act like a magnetic pull especially to underage adolescents. All they want is to have a look at how the opposite sex looks like. This in the end corrodes their young minds. It is filled with filth and unnecessary stuff. For this reason, some may end up developing behaviors that arise due to loneliness. Some may end up being gay or lesbians since the materials on t he internet convince them to think so and find it normal to divert from the society norms. If the government censors the internet, it may be in a position to block such confusing contents for children and help parents who spend little time with their children. Security reasons. Terrorists are using the internet in making their moves. It has made it easy for them to identify and locate places to attack. While most of the journalists may think everything is news that has to be blogged, it may give deadly tips to people with an evil mind. Take this case, a few years ago, someone made claims of making assault rifles using materials of a printer. While it hit international news headlines, some bloggers got a chance to write about it. Yes, it was good to make people inform people about the

The Descartes Method of Doubt Essay Example | Topics and Well Written Essays - 500 words

The Descartes Method of Doubt - Essay Example Though  Descartes' views can be considered subjective, the drive to seek knowledge and to prove different concepts had been recognized related to doubt (Gillespie 761). Descartes manner of seeking knowledge was corresponding to the scientific method which starts with a problem. His scientific queries started with doubt, but not with self-doubt. He stated that ideas that had been reflected from his mind were presented and simply stated without prejudice. Then the questions were divided into specific questions that can be clearly answered. The reflective process was then applied to each query on the basis of difficulty or the preset order. Upon the completion of specific ideas, the generalized views were then achieved (Williams 18). Descartes trust on reflective thought is the first principle where he based the subsequent views (Gillespie 761). In his First Meditations, he raised grounds for doubting beliefs in everyday existence. Examples of the arguments presented by Descartes are lunacy and God arguments which raised doubts on opposing groups of believers (Broughton 1). In the process of raising doubts, his main objective is to achieve absolute certainty. In addition, he focused on the method of inquiry because he believed that if doubts on the method of seeking knowledge were eliminated, certainty can be achieved (Broughton 1). In Descartes’ Discourse, he presented the Method of Doubt as the method used in the investigation of the foundations of philosophy (Broughton 1). The application of the said though was not limited to philosophy since he also used the method in mathematical research and queries (p. 5). What then is the main aim of Descartes in the establishment of the method? The Method of Doubt is the method of Descartes in the conception of knowledge. His views mean that knowledge should be uncertain and it should lack any form of doubt. For that matter, he raised doubts and uncertainty to be answered and to be eliminated (Broughton 7-8). His main aim then is to achieve concepts that cannot be doubted and refuted. Descartes’ skepticism is another point of the query because of his view on raising doubt and the application of skepticism in scientific and philosophical inquiries. Based on his view though, his intentions of proving knowledge by raising doubts and skepticism were not because he was a skeptic. Based on the researches on the Method of Doubt by Descartes, the skepticism can be considered as a positive element since it can make scientists face the doubts associated with the quest for knowledge. Instead of moving away from the doubts, they were tackled head-on and resolved (Perin 52). Conclusion The Method of Doubt by Descartes had contributed significantly to the method of scientific, mathematical and philosophical inquiry and research in the modern era. Being a skeptic or not had been an important element in Descartes achievements into becoming the Father of Modern Philosophy.

Business ethics Essay Example for Free

Business ethics Essay In business there will always be the line to act with integrity or to lie, cheat, and steal. Famous author Douglas Adams once said, â€Å"To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity† (Heathfield, n. d). The priority of any business is to serve the needs and wants of the customer and more important his or her stakeholders. Any business decision made in major corporations must line up with stakeholder’s interests, but more important stakeholders have the social responsibility to represent in the best interest of the entire corporation. The prevalence of so many major scandals with corporations caught in the public is drawing much needed attention on concepts of ethic, and social responsibility. Ethics and corporate responsibility is a direct application of the ideas of in business practice. This papers purpose is to explain the role of ethics and social responsibility in building a strategic plan while incorporating the stakeholder interests. Business execs have the responsibility to adhering to the unspoken ethics they have only not taught but also have enforced by society and the law. Ethics are inherently common sense decisions made by those in authority with the power to affect an entire organization. When, business executives make decisions they must consider business ethics and the organizations (stakeholders) values. Once the essential questions ask is, â€Å"Do the organization’s values reflect accepted society values? (Young, 2004) Business executives must execute strategic business plans where they take into account not only each value associated with each choice, but the consequences of each choice. The interests of the stakeholder are one of the prime obligations of an organization. The demands of the stakeholders are generally to increase profits; this is echoed by economist Milton Friedman, the â€Å"one and only one social responsibility of business is to increase its profits, assuming an honest and open marketplace†. (Bigelow, 2013), According to Friedman also that corporations owe no responsibilities to society. However, critics will disagree that corporate social responsibility is always to put the customer first, which ensures a customer’s happiness and loyalty. Stakeholders are not only investors into companies but they also have voting power, which carries social, and financial influence within the company. Their social responsibility is to the customers and to the employees (Jones, 2012). They have decision power, and ultimate control over allocation of resources. Corporations and organizations ultimately exist to satisfy the needs and agendas of the stakeholders. The problem lies in, however; when the needs and the agendas of the stakeholders can blur the line between what is ethically right and what is considered against the law. The organization’s obligation to the stakeholder is as much as a priority as the relationship to the public. â€Å"The relationship between a customer and a firm exists because of mutual expectations built on trust, good faith, and fair dealing in their interaction† (Ferrell). When creating a strategic business plan the organization must incorporate its social responsibilities for the customer, and prevent any ethical dilemmas. Clear examples that recently have captivated the news over the decade has been the highly publicized cases of Waste Management, Enron, WorldCom, Tyco, HealthSouth, which exaggerated earnings to meet the expectations of stakeholders, Freddie Mac, AIG, Bernie Madoff, and host of others. These examples of accounting fraud, manipulation of books, and stealing from clients made by top executives in the position to meet the expectations of stakeholders and not making ethically sound decisions. To prevent these scandals from occurring, ruining not only the organization, the employees but also the public’s faith within the corporate world, according to research ethical risk management is an option dependent on the infrastructure in which it promotes ethical conduct and standards. The directives and the support from management in the way it manages potential problems with the lack of ethical standards. Because of the number of scandals not only have businesses implemented stronger measures for ethical practices but also have the legal systems. The establishment of the Sarbanes-Oxley Act (SOX) in 2002, which came after the scandal of WorldCom, was because the number of major corporations collapsing under the weight of their own unethical practices. According to the SEC, â€Å"the Act mandated a number of reforms to enhance corporate responsibility, enhance financial disclosures and combat corporate and accounting fraud, and created the Public Company Accounting Oversight Board, also known as the PCAOB, to oversee the activities of the auditing profession† (SEC, 2012). Ethics is a fundamental part of compliance and governance systems. Ethics explicitly should integrate into the elements of strategic planning in businesses. In determining the roles that factor into managing stakeholder’s interests ethically organizations must first take into consideration that the business is the first line of defense in taking responsibility for managing and supervising corporate responsibility effective in accordance with the level of influence the business set by the organization. Executives in a position to communicate to stakeholders must always implement ethical decisions when balancing their needs and the organizations’. The executives must be responsible in providing clarification and verification of ethical standards in place. The executives must drive the culture and work environment of compliance toward ethical standards and practices to ensure the effectiveness. Business ethics is important in every organization and the main responsibility is to act with integrity and honesty. References Ferrall, O. C. (2004). Business ethics and customer stakeholders. Academy of Management Executive, 18(2), retrieved from http://danielsethics. mgt. unm. edu/pdf/Customer Stakeholders. pdf. Bigelow, L. (2013). What are the social responsibilities of a company to its stakeholders? Hearst Newspapers, Retrieved from http://smallbusiness. chron. com Heathfield, S. (n. d. ). Inspirational quotes for business and work: Integrity. Retrieved from http://humanresources. about. com Young, P. (2004). Ethics and risk management: Building a framework. Risk Management, 6(3), 23-34. Retrieved from http://www. jstor. org â€Å"The Laws That Govern the Securities Industry. † (2012). SEC. Retrieved from http://www. irmi. com/expert/articles/2005/head02. aspx.

Effect Of Technology On The Publishing Industry Media Essay

Effect Of Technology On The Publishing Industry Media Essay > The publishing industry is an industry which is segmented into the book, newspaper and magazine industry. The publishing market is not simply a business. The products made in the publishing industry have a huge impact on the socio-political and cultural environment, for instance in education systems. Additionally, due to the increased popularity of online resources and e-books the publishing market is facing higher levels of competition. Competition in the publishing industry is affected by consumer spending which is strongly related to economic growth and employment levels (Datamonitor, 2010). Because of the higher levels of rivalry caused by the introduction of new technologies, such as printing on demand, e-books and online newspapers, society often claims that the publishing industry is dying. While it is true that the publishing industry is undergoing a digital revolution, this revolution should be seen as a new opportunity, not as the end of the publishing industry. The purpose of this paper is to discuss the effects of technology on the publishing industry. First, the technological changes in the publishing industry will be examined. In this paper we focus on e-books and online newspapers. This will be followed by the consequences of new technologies on supply and demand. Finally, the answer to the question whether the new technologies are substitution or complementary goods will be discussed. 2. Changes Ronte (2000) stated that technology has had and still has a dramatic effect on the publishing industry. Technologies currently shaping the publishing industry include: online newspapers, printing on demand and e-books. Digital technology is important for several reasons. First of all, digital technology has no boundaries in geography and time. Books, magazines and newspapers can be published, marketed, bought and read anytime and anywhere. Second, the power that came from physical distribution has disappeared. Retailers or salespeople cannot influence buying and selling behavior as they did before because traditional printing is no longer the only way to have content published. Third, distribution of electronic copies of books is free and therefore marginal costs of producing an additional book or journal are zero. The fixed costs, however, will increase because making digital publishing possible high investments in the installation of a network should be made. Furthermore, unique co ntent acquires more importance. Aspects such as the speed of digital distribution and exclusive access are more valuable to customers. Finally, the next generation, who are educated on computer, will use the new technologies more often (Ronte, 2000). 2.1 E-books Electronic books are defined as: A digital object with textual and/or other content, which arises as a result of integrating the familiar concept of a book with features that can be provided in an electronic environment. E-books typically have in-use features such search and cross reference function, hypertext links, bookmarks, annotations, highlights, multimedia objects and interactive tools. (Carreiro, 2010, p.221) The invention of e-books is an opportunity for the publishing industry to revitalize. The e-book market is still in its growth state and thus can revive the publishing market. The fact that a publisher can never be out-of-print and the publishing industrys traditional supply chain will be faster and shorter are other advantages of e-books (Carreiro, 2010). This results in lower costs, which in turn results in higher profits for publishers and authors, which can lead to lower prices for readers. On the contrary, digitalization goes together with piracy. As in the music and film industry, publishers of e-books risk that their books are copied and illegally spread on the Internet. E-books can be protected from piracy by both encryption and compression. For instance by a digital object identifier (DOI): an initiative of the publishing community for protecting its assets in the digital environment (Carreiro, 2010, p. 225). 2.2 Online newspapers The introduction of online newspapers is another change in the publishing industry. Most of the newspapers, local and national, offer nowadays both a traditional printed and an online newspaper. Despite of the question whether online newspapers are substitutes of print papers or not, which will be addressed in the next section, an on-going discussion is online pricing: should newspaper publishers set a price for online newspapers? Online newspapers have often extensive content-sharing characteristics. The print edition is often the primary source for the online edition. The fact that similar or identical information is published in two formats fostered the industrys concern about the negative impact of offering free content online on the print editions subscription base (Chyi Lasorsa, 2002, p. 94). This effect is called the cannibalization effect. Publishers are afraid that offering free content online may cause a decrease the demand of the print edition because of the subscription base. Therefore, many online news sites initially charged a subscription fee for online news access but most failed. The advertising model followed, but only with limited success (Chyi Lasorsa, 2002). Gentzkow (2007) also found that introducing online pricing causes a decrease in demand of online newspapers. People seem to prefer reading a printed newspaper over an online newspaper if an online price is charged. Gentzkow (2007) suggests not setting an online price when the advertising market is favorable. The welfare benefits of the online newspaper outweigh the costs. 3. Supply and demand The law of supply and demand rules books as tangible product. Changes in demand or supply will lead to an increase or decrease in the market equilibrium price and quantity. Factors that cause a shift in demand are: a change in price of complements or substitutes, a change in income or a change in preference. The supply curve shifts as a consequence of changes in costs of input, new technology or an increase/decrease in the number of suppliers (McDowell, et al., 2009). To be more specific, factors that influence the e-books demand are technology, cost, user friendliness, and privacy (Carreiro, 2010). The better developed these factors are, the higher the demand and, if supply remains the same, the higher the market equilibrium price. However, the demand of traditional printed books and newspapers decreased due to new technologies such as e-books and online newspapers. Thus, for the publishing printing industry the market equilibrium price lowered. The decrease in the demand of traditi onal printing can be explained by the substitution effect which is discussed in section 4. 4. Substitution and complementary effects 4.1 E-books To answer the question, e-books are no clear substitutes for the traditional printed books. The substitution effect can be explained as the change in the quantity demanded that results because buyers switch to substitutes when the price of the good changes (McDowell, Thom, Frank Bernanke, 2009, p.67). In other words, when goods are substitutes, in this case printed books and e-books, when the price of e-books increases, the demand of printed new books increases, and vice versa. This is partly the case in the publishing industry. The publishing industry treats the e-book just as another format, releasing the same titles in hardcover, book-on-tape, and e-book at the same time (Gall, 2005, p.27). It is important to decide whether it is useful to publish a book in e-book format. Childrens books, for example, will always remain paper-based, as young children are unlikely to handle computers (Ronte, 2000, p.19). On the other hand, academic articles, other reference works and course catalo gues are very suitable to be published as an e-book. In this case, e-books are substitutes for printed books. In the article Dispelling Five Myths about E-books, Gall (2005, p.27) notes that the e-book will be an electronic savior of text, replacing the printed word in the same way as the printed word replaced oral traditions. This is true and agrees on the fact that pleasure readers will prefer a printed book. Thus, paper based books will not become extinct because e-books nowadays only substitute scientific books and sources. 4.2 Online newspapers Disagreement exists whether online and print newspapers are substitute goods. Chyi and Lasorsa (2002) found that about one half of the online users also read the print edition (55% for the Wall Street Journal Interactive, 42% for USA Today and 41% for the New York Times on the Web). The simultaneous use of print and online newspapers suggests that to some extent print and online products complemented each other. Two goods are complements in consumption if an increase in price of one causes a leftward shift in the demand curve for the other (McDowell, et al., 2009, p.79). In other words, online and printed newspapers gain from each other. Thus, if the demand for online newspapers increases, the demand of printed newspapers increases too. Furthermore, Chyi and Lasorsa (2002) found that almost 80% prefer the print format, whereas only 20% would prefer the online edition. The online edition is more likely to be read by younger people. Gentzkow (2007) also researched on the complementarit y of online newspapers. Gentzkow used the Washington Post and post.com for his research. In contrast to Chyi and Lasorsa, Gentzkow (2007) found that print and online newspapers are significant substitutes. Theoretically, the degree of product substitutability is defined by cross-price elasticity of demand, the percentage change in demand for one good divided by the percentage changes of a related good, other things being equal (Chyi Lasorsa, 2002, p.95). A $0.10 (33 per cent) increase in the price of the Post would lead to an increase in post.com readership of 8,358 (2 per cent) (Gentzkow, 2007). This indicates that post.com and the Post substitute each other. 5. Conclusion In conclusion, technologies that have an effect on the publishing industry are e-books, online newspapers and print on demand. In this paper only e-books and online newspapers are discussed. One of the effects of these new technologies is that the boundaries in geography and time have disappeared. Furthermore, the marginal cost of producing an additional unit is zero and the uniqueness of books, magazines of newspapers has a greater importance than before. Supply and demand in the publishing industry has changed because of the introduction of new technologies. The demand of traditional prints decreased, which results in a lower market equilibrium price. This can be explained by the substitution effect. However, there is a lot of disagreement whether e-books as well as online newspapers are substitutes for the traditional printed books and newspapers. E-books are substitutes concerning research information, such as academic articles. On the contrary, people who like to read books in t heir leisure time will not replace the traditional book for an electronic version. For online newspapers researchers hold the same disagreement. Gentzkow describes online and printed newspapers as perfect substitutes, whereas Chyi and Lasorsa found that electronic and traditional newspapers are complements. Because of the fact there is no clear evidence that new technologies substitute the traditional versions, it can be concluded that the print book or newspaper will always exist and that the publishing industry, fortunately, is not dying.

Ednas Struggle for Power in Chopins The Awakening Essay examples --

Edna's Struggle for Power in Chopin's The Awakening Kate Chopin's The Awakening tells the story of Edna Pontellier, a young wife and mother living in the upper crust of New Orleans in the 1890s. It depicts her journey as her standing shifts from one of entrapment to one of empowerment. As the story begins, Edna is blessed with wealth and the pleasure of an affluent lifestyle. She is a woman of leisure, excepting only in social obligations. This endowment, however, is hindered greatly by her gender. Being a woman, she is completely at the mercy of her husband. He provides for her a lifestyle she could not obtain on her own and fixes her place in society. This vulnerability stops Edna from being truly empowered. To gain independence as a woman, and as a person, Edna must relinquish the stability and comfort she finds in the relationship with her husband. Mr. and Mrs. Pontellier's marriage comprises a series of power plays and responds well to Marxist and Feminist Theory. Leonce Pontellier looks "†¦at his wife as one who looks at a valuable piece of property†¦". He views her as an accessory that completes the ideal life for him. Edna, however, begins to desire autonomy and independence from Leonce, so true to the feminist point of view. In Chapter III Mr. Pontellier enters their room in Grand Isle late one night, waking Edna. He is full of self-importance as he talks to her while he begins to ready himself for bed. Since she has just been awakened, Edna does not respond with the enthusiasm Mr. Pontellier deems acceptable. "He thought it very discouraging that his wife †¦ evinced so little interest in things which concerned him, and valued so little his conversation." (12) To assert his dominance, Leonce demands that E... ...cision does not spawn from her relationship with her husband, she cannot yield the independence she has won and return to him. In order to fulfill her quest, she must continue on her search for independence. "The voice of the sea is seductive, never ceasing, whispering, clamoring and murmuring, inviting the soul to wander in the abysses of solitude." She submerges herself in the ocean and in the solitude she has longed for throughout the novel. Only in her death is Leonce completely powerless. She has taken control of her destiny. Edna Pontellier as a literary character is shocking for her time. She achieves true empowerment, a status not often experienced by women in the Victorian Era. She rebels against her husband and the social norms that he represents. True to the time, such a conflict could not resolve in her favor without sorrow, but ultimately Edna triumphs.

Rosa Parks Essay -- Rosa Park Biography Biographies Bio Essays

Rosa Parks One of the most influential and inspirational women of all time was Rosa Parks. By one action she helped change the lives of a majority of African Americans and more importantly society as a whole. Rosa Parks sparked the attention of America when she refused to settle for the black (lower class)standards. Not only did she help change the lives for many African Americans but she helped equality for all men and women in the United States. By one brave women our world will be forever thankful. Rosa Parks was raised in her Grandparents house in pine level, Montgomery County, in Alabama. Her Mother's name was Leona Edwards and her father James McCauley was a carpenter. On February 4, 1913 Rosa was born, ya year after her parents were married. At around the age of two her father took off North looking for a better like. As a child Rosa and her brother grew up with segregation and such societies as the Ku Klux Klan. Her grandfather would often sleep with a rifle by his side due to the unsafe environment. By the time Rosa Parks went to school she began to feel unhappy about the society she was living in. She soon noticed the segregation of their society when she saw the empty and little school for blacks compared to the glamorous and bih school the whites had. At that point on in Rosa's life she decided she was going to be a person with dignity and self-respect. She promised herself she would never set her dreams lower than anyone else in the world simply because she was b lack. She wanted a change and was determined to make it happen. At age nineteen Rosa married a man named Raymond Park, who died of cancer in 1977 after a close fifty years of marriage. When Raymond was living he had always influenced her to become more active in civil rights among blacks. Her hopes for a better future were just beginning. By 1945 Rosa was a leader in the Montgomery Voters League and the secretary of the Nationals Association for the Advancement of Colored People (NAACP). One evening in early December 1955 Rosa was sitting inthe front seat of the colored section of the bus on her way home. It was like almost every day all the blacks would sit in the white section of the bus and as soon as the whites filled in the blacks would routinely move to the back. In an instance Rosa found her chance of freedom. Somehow she had changed the laws. She w... ... had no knowledge of what was going on or where they were going. It was outright not fair and morally wrong. Onthese ships the living conditions were very harmful to their lives. They received barley any food and the floor to sleep on at nights. Of the few that would survive the long journey once they arrived in Europe they would be auctioned off the Americans or people to do what they desire with them. From that day on African AMericans were viewed as the whites toys and games. Rosa PArks had the courage to finally begin to put a stop to this and she will be well resprected for all her life. Today, Rosa Parks tried to use her negative memories of segregation and racism to continue her goal towards complete justice, freedom, and equality. She believes that the children are future of the world and hope that they will fulfill the dreams of society in the future. Rosa Parks was a true role model to our nation and granted the dreams and wishes of many African Americans. Her words and actions pertaining to the struggle for desegregation continue to ring like church bells today. This bell rings throughout the world for all to hear, and millions of people follow the beat.

CDA Competence Goals Essay

I. To establish and maintain a safe, healthy learning environment. 1. Safe: Candidate provides a safe environment to prevent and reduce injuries. 2. Healthy: Candidate promotes good health and nutrition and provides an environment that contributes to the prevention of illness. 3. Learning Environment: Candidate uses space, relationships, materials, and routines as resources for constructing an interesting, secure, and enjoyable environment that encourages and fosters trust, play, exploration, interaction, and learning. II. To advance physical and intellectual competence. 4.  Physical: Candidate provides a variety of developmentally appropriate equipment, learning experiences, and teaching strategies promote the physical development (fine motor and gross motor) of children. 5. Cognitive: Candidate provides activities and opportunities that encourage curiosity, exploration, and problem solving appropriate to the development levels of each child. 6. Communication: Candidate actively communicates with children and provides opportunities and support for children to understand, acquire, and use verbal and nonverbal means of communicating thoughts and feelings. 7. Creative: Candidate provides opportunities that stimulate children to play with sound, rhythm, language, materials, space and ideas in individual ways and to express their creative abilities. III. To support social and emotional development and to provide positive guidance. 8. Self: Candidate provides a warm, positive, supportive relationship with each child, and helps each child learn about and take pride in his or her individual and cultural identity. 9. Social: Candidate helps each child feel accepted in the group, helps children learn to communicate and get along with others, and encourages feelings of empathy and mutual respect among children and adults. 10. Guidance: Candidate provides a supportive environment and uses effective strategies to help all children learn and practice appropriate and acceptable behaviors as individuals and as a group, and effectively provides support for children with persistent challenging behaviors. IV. To establish positive and productive relationships with families. 11. Families: Candidate establishes a positive, cooperative relationship with each child’s family, engages in two-way communication with families, encourages their involvement in the program, and supports the child’s relationship with his or her family. V. To ensure a well-run, purposeful program responsive to participant needs. 12. Program Management: Candidate is a manager who uses all available resources to ensure an effective operation. The Candidate is a competent organizer, planner, record keeper, communicator, and a cooperative coworker. VI. To maintain a commitment to professionalism. 13. Professionalism: Candidate makes decisions based on knowledge of researched-based early childhood practices, promotes high-quality child care services, and takes advantage of opportunities to improve knowledge and competence, both for personal and professional growth and for the benefit of children and families.

Financial Management Essay

Introduction In this assignment I will be researching and discussing how to manage my own personal finances. For this I will have to research sources of income and write about different types of employment and unemployment. The affect these have on salaries and wages will also be investigated. I have also been asked to research and summarise allowances and benefits. As part of the management of my personal finances I must produce a personal budget over a specific period of time, on completion of this I will pair with a partner and discuss my findings. Task 3 Why is it important for me to manage my personal finance? * To help not to run out of money * Help me with budgeting * Scarce resource * Savings * Paying bills * Living alone * Managing money is skill Task 4 Jobseekers allowance Jobseekers allowance would be paid to me if I am eligible for it and looking for (seeking) work. I also would have to be age 16 or over to be able to receive jobseekers allowance. This source of income is relevant for me because I am over the age of 16, living on my own and I am currently looking for work. Income support Income support provides financial help for people ages 16 and over, who have low income or no money coming in at all. This money is for people who are not currently seeking work. This money is to help people with day to day living. Income support is relevant to me because this is the situation I am currently living in and I also receive income support myself. Child benefit Child benefit is parents that have children under the age of 16 or children under 19 in full time education. Child benefit is no longer relevant to me because I do not live will my mother any more. Housing benefit Housing benefit helps towards paying my rent which would be my local authority, but they don’t cover all my housing costs. Housing benefit is eligible to people who are renting a room or living in a hostel of sum sort. I can apply for this by just going down to my local authority office and filling in a housing benefit form. Working families’ Tax Credit Working Tax Credit is for people who are employed or self-employed, over the aged of 16 and are working at least 16 hours a week. They also have to have at least one child. In couples, one person has to choose who receives the tax credits. The amount of tax credits they receive will depend on their annual income. Tax credits are not relevant for me because I am not responsible for any children and I am not currently working. Task 5 When preparing for employment the documents I would need: * CV * Covering letter * Application form * National insurance number * Bank details * Qualification certificates * P45 (maybe not for me yet) CV I would need a CV so that the employers get a brief summary of my qualifications and experience to-date. It would include the school and college I have attended. It will also include my past work experience. My CV will now include that I have recently worked at Superdrug. My CV will also have my references. References are very important as the employers may want to contact the referees to confirm I have the qualifications for the job, and if I am reliable and trustworthy enough for the job. Covering letter A covering letter is needed because it is a part of the formal requirement. It will show the employer where I heard about the advert and why I feel I would be right for the job. Application form Application forms are used to help the employer to separate the good candidates from the not so good candidates. They are also used to find out about information and candidates background. National Insurance No. Every one that has the right to work in the UK has the right to a national insurance number once they reach the age of 16. The national insurance number will show what national insurance contributions the worker pays over the course of his/her working life and also the contribution employers have made. Bank details Bank details are required in order for the employer to give you your wages. Wages are now paid by direct transfer from the employer to the bank account of the employee. Qualification certificates Proof of GCSE’s and past qualifications are important because the employer will expect me to have certain right qualification in order to have the job. Superdrug have specific qualifications that are required, these are called essential qualifications. Task 6 Types of employment Self employment Being self employed is when you do not work for anyone else you have your own business. For example owning your own sweets shop is self employment. The income of the sweets shop will come from the customers who purchase the sweets. The income may also come from the bank if you borrow money. Freelance Freelancers are a different type of self employment. Instead of owning their own business they sell their services by working for different businesses. For example a freelance hair dresser would not have their own hairdressing business they would get to all kinds of other businesses and do hairdressing. Employee Employees are people who work for someone who controls what work they do. The employer is in charge of the employee’s income and deducts national insurance from the employee’s wages or salary. As long as they is someone handling your wages before you get them you are an employee. Task 8 Key points of each job Job title Retail manager Tasks to be carried out Retail managers are responsible for day to day running of department stores, chain stores, supermarkets and independent shops. They look after staff management, including taking on and training new staff, maintaining a good standard of customer care and increasing sales and profitability. Their duties usually include: * Making sure premises and displays are well maintained * Organising stock checking and re-ordering as necessary, through computerised or manual systems * Making sure targets are reached and all opportunities are taken to increase sales and profitability * Organising sales promotions * Recruiting, interviewing and training staff * Dealing with queries or complaints from customers Skills required A retail manager should: * Know the company’s products and procedures well * Be committed to providing a high standard of customer service * Be able to lead and motivate a team * Have good knowledge of legal an d security issues * Have relevant commercial skills for business Qualifications required There are no set academic requirements to work in retail, although employers may prefer employees to have at list five GCSE’s grades A-C and have some working experience in retail. Useful qualifications would include: * BTEC national reward in retail * OCR certificate in retail * BTEC Higher National Diploma in retail management * Degree in retail management Individual qualities required * Be confident, energetic and quick thinking * Have excellent spoken English and written communication skills * Be able to take responsibility and make decisions * Have a smart appearance * Be organised * Be able to deal effectively with problems and complaints Wage/salary Starting salaries are usually from around à ¯Ã‚ ¿Ã‚ ½12,000 Experienced managers may earn from around à ¯Ã‚ ¿Ã‚ ½15,000 to à ¯Ã‚ ¿Ã‚ ½26,000 Managers of large stores may earn up to à ¯Ã‚ ¿Ã‚ ½65,000 or more. Job title Retail assistant Tasks to be carried out A retail assistant is responsible for making customers feel at ease when shopping and browsing around the store, directing them towards products and accepting payments. This job generally includes: * Restocking shelves and making sure merchandise is presented neatly * Greeting customers and answering enquiries about products * Operating computerised tills and barcode readers to scan items * Accepting payments for goods and wrapping them * Checking for stock items and ordering goods Skills required * To be accurate and thorough, even under pressure * To be trustworthy- they may be dealing with expensive products and large amounts of cash * To understand and follow company’s policies for health and safety and hygiene * Stamina, in order to serve on the shop floor for long periods Qualification required Employers set their own qualification requirements. But usually look for good communication skills, a pleasant personality and look for at least to two to four GCSE grades. Individual qualities required * Have an approachable, polite manner * Have good communication skills * Have a smart personal appearance * Enjoy providing a good level of customer service Wage/salary Starting salaries for a retail assistant is around à ¯Ã‚ ¿Ã‚ ½9,000 a year An experienced retail assistant may earn around à ¯Ã‚ ¿Ã‚ ½11,500 a year. Task 9 Why I think I am suitable for each job Retail assistant I think that I am suitable to work as a retail assistant because I have relevant experience within the retail industry. I have recently completed a 2 week work placement at Superdrug which is in the retail sector. During this period I was privileged to be responsible for replenishing stock, providing customer advice and keeping the shop floor tidy. This placement enabled me to develop vital skills such as team working, numeracy and customer service skills which are all needed in order to become a successful retail assistant. This work placement was a part of my BTEC introductory business coarse this qualification will also enable me to qualify to work as retail assistant. Retail manager I am qualified to work in the retail sector as a retail assistant but in order to qualify as a retail manager I would have to finish my BTEC introductory coarse and then go on to study for three more years to receive a BTEC national certificate in business. After this I would then need to go and study a degree in retail management in order to qualify for this job. I have good interpersonal and communication skills and while on my work experience I enjoyed providing good customer service these skills would help me with working toward becoming a retail manager. Retail managers are responsible for day to day running of department stores, chain stores, supermarkets and independent shops this may include Organising sales promotions and recruiting, interviewing and training staff. Task 10 Wage/salary deductions Gross pay Gross pay the amount of money an employee earns before any deductions are made such as tax or national insurance. Net pay Net pay is the money employees actually get for them to spend. National insurance contributions National insurance contributions is an amount of money that the employee has to pay towards there employers this is deducted by the employer from the employees wages. If you are self employed you also have to pay national insurance contribution, this is a small monthly payment and then a lump sum at the end of the year. National insurance code National insurance codes indicate an employee’s marital status and how long an employee has been working. Income tax There is a certain amount of money that every body is allowed to earn before they have to pay income tax, this is called personal tax allowances currently for people under the age of 65 this is à ¯Ã‚ ¿Ã‚ ½5,225 a year. If you earn any more than this you will have to pay income tax, how much you pay will depend on how much money you earn. Pensions/superannuation Pensions are long time investments that are designed to provide you with money in your old age when you are not able to work any more. The earlier you start your pension the more you get when you retire. Employees are usually offered a pension scheme when the start there job. The employer pays a contribution to your pension fund and so does the employee this is deducted out of the employee’s wages before it get to them. Union subscriptions A union is a large group of workers in a particular industry or profession. Unions provide benefits such as legal advice and can also provide support in cases of unfair treatment or dismissal. To subscribe employees would have to pay fees this is sometimes deducted from the employees wages before it is received or the employee can pay the fees themselves but it is not compulsory. Task 11 Allowances and Benefits Housing benefit Housing benefit helps towards paying my rent which would be my local authority, but they don’t cover all my housing costs. Housing benefit is eligible to people who are renting a room or living in a hostel of sum sort. I can apply for this by just going down to my local authority office and filling in a housing benefit form. This benefits me because its helps me to save money gives me more money to spend on more important things. Council tax Council tax is an amount of money you pay if you are renting out a council property or of you have you own property with a certain amount of people living in there. Council tax paid to pay the council for giving you their service of letting you live in their property and council tax also pay for things like people cleaning the streets. Interest from savings Interest from savings is when you put money into the bank or a financial institution and earn extra money on top. This is called interest. When you get interest you have to pay income tax on that interest, the bank usually deducts the tax before pay the interest. This benefits me because I regularly put savings into my bank account. Inherited money Most people decide to leave money to their relatives when they die, this is called inheritance. Inheritance could be a small or large amount of money and it may be necessary to pay inheritance tax on it. Borrowed money Borrowed money is anything from a loan to a bank overdraft. Money can also be borrowed from a relative or close friend in this case the money you have borrowed is the money you pay back. If you take out a loan or overdraft which is quit a large amount of money this usually involves paying back the money monthly and each month interest is added on top of the money that you are paying. This result in you paying more that you actually took in the first place, it is much wiser that you save your money for whatever you want to get therefore you will earn interest on your money rather that earning it. Working Families Tax Credit Working families’ tax credits is for people who have at least one child under the age of 16 or 19 in full time education and earn an income which is below a certain level. The person has to be working at least 16 hours a week and must have savings below à ¯Ã‚ ¿Ã‚ ½8000. this does not apply to me as I am not eligible for this because I have no children. Task 14 Explanation of how I planned my personal finances Spend or save As soon as I receive my money I spend it on things that I need such as food shopping and rent. Any money left over would get spent on the gym and my mobile phone then the rest would get put aside as my savings. Gambling Gambling is when you pay money hoping for a chance of winning more money. Doing this is dangerous because you are not guaranteed your money. Gambling is very addictive and if done regularly this could put you into debt that why I choose not to go down this road. Spending habits When I receive my money on a weekly basis I try and spend as little as possible on food shopping so that I have money left over for myself to spend on small luxuries for example a meal out with my friends. I sometimes tend to spend too much on luxuries and this sometimes gets me into problems but I always have someone at hand to help me. Money and lifestyle At the moment the amount of money I receive doesn’t allow me to have the best of lifestyles but it is enough to put clothes on my back and to buy me shopping every week. To achieve the lifestyle I want I would need to find at least a part time job so I can earn more money than I’m getting now. My expectations of work and money As long as I have enough money to buy me some food and to pay the rent I am ok for the moment. But I would like a bit more than that for example going on holidays and buying the latest clothing. To do this I would need to find a job and also make sure that I handle my personal finances correctly and do some budgeting for these luxuries. Short term accounts Every week I receive my income support into my bank account. I am currently using a current account all my bills are paid out of this account and all my Ema payment come into this account. I also have a short term savings account which I put money into every week. I use this account when I run out of money or need to pay for something important e.g. phone bill. Long term accounts A long term savings account is an account that allows you to build up interest on money that you are saving over a number of years. An example could be an ISA, this is an individual savings account because it is tax free provided the amount saved each year doesn’t exceed à ¯Ã‚ ¿Ã‚ ½3,000. The interest is cumulative which means the amount of interest plus capital will increase year on year. Another example of a long term account is a bank loan. A bank loan is usually drawn over a long period. This is a lump sum of money that I borrowed from the bank and paid off over a long period of time. For example a mortgage is paid over a period of 25 years. Cheque book A cheque is a promise to pay someone in place of cash. When you are writing a cheque you write down exactly how much you are going to pay the person. The person then takes the cheque to the bank and waits for it to clear this takes between 3-5 days. It is important to make sure that you have the right amount of money in your bank so you don’t go into debt. It is also important to keep a record of any cheques that have been written, this can be done by using stubs which are left in the cheque book after you tear it out to pay someone. The stubs are there so that you can note down the details of the cheque and will help keep track of your money. Credit cards A credit card is a card that you can use to pay for items of clothing or products. This card however gives you money on it but you have to pay it back you are also given a credit limit. To avoid spending more money than you actually have you should usually pay back the money within a month if the money is paid after this you will be charged interest. If you go over the limit that the company has given you interest will also be added. Also you can check how much money you are spending by checking a mini statement that you can get from a cash point. Debit cards Debit cards are cards that have your own money that you put on to the card. You can use this card to purchase virtually anything but instead of having a credit limit of borrowed money you are actually using your own money to purchase goods. A debit card allows you to take cash out of ATMs if you have enough money in your account. To see how much funds you have in your account through an ATM you are given a pin number by your bank to memorise this then allows you to draw cash from the machines and purchase items in shops. To check that no-one is stealing from you or to make sure you are not spending more money than your supposed to it is good to check your bank statement each month these are sent to you by your bank. The bank statement show how much money you had in your account originally, then show all payments that were taken out of that money. You can then check if there are any payments that you are unsure of or if any mistakes were made in you transactions. Paying bills Bills can be paid using direct debit or standing orders. This is when you money is taken out of you account and paid to a business for example, BT telephone company at the same time every month. This can help with budgeting, as you will know how much money is going out every month. To check that you are not paying out more than you’re supposed to you can check the phone bill you receive every month. Remaining in credit It is important to manage your account carefully to ensure you stay in credit. You must make sure that when you making payments such as cheques and debit cards you have enough money to make those payments. If not you account will go in to debt and you will be charged fines for doing this, it will also build up a bad credit rating which will make it hard for you to get a mortgage or a credit card in the future. Task 16 Summary of holiday budget activity Why do you think it is important to manage your personal finances? I think it is important for me to manage my finances because it helps me to pay all my bills on time without getting into to debt. It also allows me to put money aside for unexpected emergencies. Managing my personal finances is a very important skill. This skill is extremely important if I would like to start my own business or borrow money from a bank. Managing my money correctly will enable me to live quiet a prosperous life in the long run. Did you find it easy or difficult to manage the finances given in exercises? – give reasons I found managing finances quiet hard because you have to keep track of the money coming out of my income every week and there were a lot of different bills to pay and they were all different amounts. I also had to keep track of my spending at the same time to make sure that I didn’t get into debt this was really difficult because you can get carried away when your sending your money on luxuries. After all that I have to calculate the total regular expenditure and then work out if I had any money left over to put aside as savings, overall this task was very challenging but it taught me a lot about how to manage my own finances. What did you learn from the exercise on budgeting over a period of time? From doing the budgeting exercise I learnt that saving the little scraps of money here and there builds up into to something big. Also cutting down on luxuries also helps in the long run because the money you have saved enables you to get those luxuries if you just give time. This budgeting exercise also taught me how to calculate my net cash flow which I previously did not know how to do. I also learnt that budgeting is important for everyone because it stop many people from getting into to debt and also helps them to save considerable amount of money. Bibliography BTEC introduction business-published by Heinemann in 2005 Heinemann Educational Publishers Halley Court, Jordan Hill, Oxford OX2 8EJ ISBN 978 0 435401 21 4 John Ruskin college intranet site Unit 6 Financial Management