Greek Financial Crises And The European Crisis - 2517 Words

One cannot understand the Greek Financial Crises and the general European Financial Crises without understanding the history of the European Union, the creation of the euro, and the Eurozone. The countries involved in the European Financial Crises were Spain, Portugal, Iceland, Ireland and Greece. The Maastricht Treaty created the European Union in 1993. The treaty gave citizenship to all people living in the 28 member countries. This treaty led to the creation of the Euro. In order to join the Eurozone, each member country must maintain sound fiscal policies. Essentially, each country must limit national debt to 60% of gross domestic product and limit annual budget deficits to a maximum of 3% of GDP. The main reason for the greater European Financial Crises and Greece s crises was the country s violated the treaty restrictions. Spain, Portugal, Iceland, Ireland and Greece were unable to maintain spending within these limits. Additionally, the European Union has a monetary union but does not have a fiscal union. Each member country maintains its own independent tax and spending policies. The absence of a common fiscal tax for every member country in the EU is the reason for the current crises. Greece joined the EU in January 1981. Most observers believe that Greece lied about its fiscal situation to join admission into the EU. For example, from 1995 to 2014, Greece had an average budget of 7% versus the 3% limit. By 1996, government debt was above 100% versusShow MoreRelatedThe Reasons For European Sovereign Debt Crisis1437 Words   |  6 PagesAccording to the analysis above, the euro crisis could be partly ascribed to previous financial crisis in 2008. After deeply investigation, the failure could have a lot of thing to do with government regulation and management. The reasons for European sovereign debt crisis could categorized into two main issue; income and solvency problem as analyze above. Hence, this part will examine the failure of both private and pu blic sectors from the angle of accounting. With the accounting aspect, the conceptRead MoreGreece Economic Crisis Analysis986 Words   |  4 PagesWall street financial market in 2008, Greece become the center of Europe’s economic crisis. With employment rates more than 25 percent, Greece is suffering from a financial crisis equivalent to if not greater than the U.S. Great Depression. The source of the crisis originated in the inefficient management of the Greece’s economy and government finances. Additionally, Greece’s involvement in the euro zone reflected a monetary policy that was at odds with its fiscal policy. The crisis resulted in troikaRead MoreUnited States Economic Financial Crisis1639 Words   |  7 Pagesoil crisis in the ‘70s negatively affected the economy just as bad as the Gulf War did in 1990. On the other side, the end of other wars had a positive effect on the economy, for example World War 2, which boosted the stock market and ended the Great Depression. When multiple negativ e effects occur at the same time, or when crises last for a long time allowing other negative effects to surface, crises tend to last longer and prevent a pick-up in growth. The current economic-financial crisis wasRead MoreFinancial Crisis in This Time is Different by Reinhart and Rogoff758 Words   |  3 Pagesinstitutional changes and experience gains can make the world emerge from financial crisis saying that this time is different. But they may be too optimistic. The outrageous truth is that each new financial crisis is not predicted or forestalled. As Reinhart and Rogoff said in their book This Time is Different, technology is changing, fashion is changing, but self-deception of governments and investors are not. A banking crisis usually refers to a situation in a general market adjustment when faithRead MoreSolving The Economic And Political Dynamics2239 Words   |  9 Pagescollapsed triggering an economic crisis in the United States and throughout the globe. What followed this event was five years of economic distress throughout the continent of Europe. The crisis that hit Europe likely stands as the greatest test to the European Union, and the common market and currency in particular. Greece and Ireland both experienced what Jay C. Shambaugh deemed â€Å"The Euro’s Three Crises†- a banking crisis, sovereign debt crisis, and a growth crisis. According to this model, poorlyRead MoreThe Crisis And The Eurozone Crisis1271 Words   |  6 Pagescountries in the European Union itself. There are many aspects to a countries point of view on such issues including location, history, economy, political outlook, and so on. Because of these influences countries sharing similar histori es, locations, economic standings, and etc. band together to create voting blocs in order to get their agendas pushed forward. This paper will discuss the viewpoints of Albania, Bulgaria, and Romania with respect to the refugee crisis and the Eurozone crisis as relatedRead MoreExecutive Summary Before adopting the euro as the official currency in 2001, Greece was one the3400 Words   |  14 Pages Before adopting the euro as the official currency in 2001, Greece was one the stable European economies. The early stages of the currency transition worked very well for Greece. However, the state later fell into financial crisis, which has not only affected Greece’s government, but also the entire European countries and their trading partners, such as the United States. Therefore, the Greece financial crisis has become a global concern with the United States Congress, making it a continuous concernRead MoreA Period Of General Economic Decline1197 Words   |  5 PagesRecession, as it was called, varied from country to country it is concluded that it was the worst economic recession since WW2. (Davis, 2009). Greece’s case was somewhat peculiar. While the crisis in Europe progressed from banking system crises to sovereign debt crisis, in Greece it happened the other way. In 2010 the Greek government revealed that the deficit of Greece in 2009 had made the public debt no longer viable. The country tried to regain the trustworthiness of the global markets by reducing itsRead MoreThe Collapse Of The Soviet Union1375 Words   |  6 Pagesstarting in Greece but spreading to Spain and Italy. The core countries will be more disconnected from the current crisis and will not feel responsibility for the consequences of unsuitable decisions made in the European Commission. Countries suffering the crisis will come to the conclusion that the core countries have achieved competitiveness and success at the expenses of other European countries. The danger of this scenario is that the breakup can be violent, similar to the disintegration of YugoslaviaRead MoreGreece : A Developed Country Of Europe Essay1720 Words   |  7 Pages(Nelson M., Belkin P ,Mix E., 2011). Evaluation of the financial crisis: The concept of neo-liberalism introduced by the UK and the USA for economic liberalization of individual interest is greatly practiced now-a-days throughout the world. In the most recent times, the practice of neo liberalism has also included in liberalizing, among others, housing policy and a range of social policies throughout the United States and partially in the European Union, making citizens responsible for the funding of

Physician Assisted Death For The Terminally Ill - 1601 Words

University Name Name of The Institute Course Title A Report on Physician assisted death for the terminally ill in US Student Name Introduction In United States, Euthanasia is a highly controversial subject among politicians, legislators and society members. Just the mention of this issue polarizes different groups on opposing ends as some either support it and others want to keep it illegal and unlawful(Steck, Egger, Maessen, Reisch, Zwahlen, 2013). The main ideology that is discussed in the situation is whether an individual has a right on his own life in cases of terminal illness where there is no way of recovering according to medical professionals. The argument that is for the provision of assisted-death for terminally ill can be understood by other names of Euthanasia which are- mercy-killing and dignity-death. These names are given to the practice of physical assisted-death as it allows the terminally ill patients to avoid the extreme pain, constant awareness of certain death and humiliating medical conditions that are part of some terminal illnesses. In this report, the present state of Euthanasia has been evaluated in context of United States. The goal is to look for the existing political and legislative environment for and against Euthanasia and identify an appropriate solution. Present State of Euthanasia In most of the western countries, the legislators are no longer keeping the rights of people to decide whether or not they want assisted-death ifShow MoreRelatedPhysician Assisted Suicide Should Be Legal1325 Words   |  6 PagesThe topic of physician-assisted suicide has become very controversial because of the ethical questions. The physical state of health of the patient, the patient’s personal life, and even the financial pressure of the patient are all factors to consider when contemplating whether or not to legalize this controversial cause of death. Physician-assisted suicide regarding medical ethics states that a physician cannot legally give any patient a lethal injection to end their life, but they can take theRead MoreThe Ethical Responsibility Of Assisted Suicide1274 Words   |  6 Pages As defined by Merriam- Webster, physician assisted suicide is: â€Å"suicide by a patient facilitated by means or information (as a drug prescription or indication of the letha l dosage) provided by a physician aware of the patient’s intent.† Implicit in the term suicide, is that life has been prematurely ended due to desperation and hopelessness. However, in most cases Behuniak Svenson (2003) argue that suicide is mostly performed under unstable mental conditions of the patient and therefore any suicideRead MoreThe Death Of Terminally Ill Patients1230 Words   |  5 PagesThere are many causes of death, and some of the individuals who lay on their deathbed suffering will often wish to hasten their passing. To be exact, it is about the terminally ill patients and the agony they are facing. Terminally ill patients go through massive amounts of medication, all sorts of therapy, and unimaginable pain. Because of this, the patient will often ask their physician to help them commit suicide. In 2014, Brittany Maynard, 29, was diagnosed with terminal brain cancer and is aRead MoreAdvocates Against Assisted Suicide Advocates Essay1681 Words   |  7 PagesAdvocates against assisted suicide argue that the untaken medication will be dispersed to a larger group of people than just the terminally ill it was intended for. A little over 40% of the population of individuals that received life-ending medication did not even take the medication (Keown 172). Keown details a summary of the prescriptions ingested in 2015 as of this current January. All of the medications that a prescription was written for were carefully tracked and observed. The Death with DignityRead MoreAssisted Suicide : Rights And Responsibilities1570 Words   |  7 PagesAssisted Suicide: Rights and Responsibilities A woman suffering from cancer became the first person known to die under the law on physician-assisted suicide in the state of Oregon when she took a lethal dose of drugs in March, 1998. The Oregon Death with Dignity Act passed a referendum in November, 1997, and it has been the United States only law legalizing assisted suicide since then. According to the New England Journal of Medicine, more than 4,000 doctors have approved of the assisted suicideRead MorePhysician Assisted Suicide : Controversial Healthcare And Political Realms Alike1218 Words   |  5 Pages Physician-Assisted Suicide Elissa Munoz-Tucker University of Arizona Abstract Physician-assisted suicide is controversial in healthcare and political realms alike. Currently, this end-of-life option is practiced in five states within the United States. Social concerns regarding assisted suicide revolve around ethical quandaries; providing the means to a patient’s death is contradictory to ethical principles of healthcare providers. Political concerns surroundingRead MorePhysician Assisted Suicide And The Rights Of Patients1523 Words   |  7 PagesPhysician-assisted suicide needs to be recognized by the federal government to show terminally ill patients that their right to autonomy is not being ignored. The Bill of Rights of Patients was constructed to outline just this. According to the American Cancer Society, â€Å"the American Hospital Association drafted a Patients’ Bill of Rights to inform patients of what they could reasonably expect while in the hospital.† One of the notes stated in the Bill of Rights of Patients is the right to a utonomyRead MoreAssisted Suicide Should Be Legal Essay1490 Words   |  6 PagesThe process of assisted suicide, or physician-assisted death, is a hotly debated topic that still remains at the forefront of many national discussions today. Assisted suicide can be described as the suicide of patient by a physician-prescribed dose of legal drugs. The reason that this topic is so widely debated is that it infringes on several moral and religious values that many people in the United States have. But, regardless of the way that people feel, a person’s right to live is guaranteedRead MoreEssay On Physician Assisted Death1340 Words   |  6 Pagescurrently more than 1.3 million terminally ill patients in the United States waiting for the day that they will succumb to death.† Some are bed ridden, some are constantly consumed with systemic pain, some have no strength or desire to get out of bed and so they wait. They wait because they live in a state that says they do not have the right to die. Those who are healthy argue that it is immoral, ungodly and unethical for a medical doctor to practice physician assisted death. Government should not prohibitRead MorePhysician-Assisted Suicide - an Utilitarian Perspective Essay example1476 Words   |  6 PagesPhysician-assisted suicide is â€Å"the voluntary termination of ones own life by administration of a lethal substance with the direct or indirect assistance of a physician. Physician-assisted suicide is the practice of providing a competent patient with a prescription for medication for the patient to use with the primary intention of ending his or her own life† (MedicineNet.com, 2004). Many times this ethical issue arises when a terminally-ill patient with and incurable illness, whom is given little

Job Hunt Based on the Education Stream Free Essays

Exploratory Essay Being in college is a great opportunity to study the major everyone has always dreamed of. I am sure that not everyone that is in college at the moment knows exactly what direction to go with their specific major. By doing some research on my major I plan to gain some knowledge of what type of job opportunities my accounting major can offer me. We will write a custom essay sample on Job Hunt Based on the Education Stream or any similar topic only for you Order Now At this moment I do not know exactly what different jobs I can pursue with my major. I am also sure that there are a several jobs that can deal with accounting that I will learn about. As I started my research on my major I came to one job title that every person with accounting experience start off with to make a way onto higher positions. This job title is called an accounting clerk. An accounting clerk usually deals with activities like preparing for basic management and ledger maintenance. One essential and basic duty they have to do is assume much responsibility to perform assigned accounting and related clerical support functions. This is where they maintain files, type a variety of reports or documents, print account payable checks and insert checks to mail daily, and prepare worksheets to the general ledger system. A second duty they maintain is resolving accounting or documentation problems by tracking and investigating these problems (Accounting Clerk 1). A third is establishing coordination with the company’s personal and effective communication. This duty deals with assisting and maintaining contact with any other departments to convey any transactions, keep the management informed about any problems or area activities, and involving themselves in any meetings (Accounting Clerk 1-2). A last duty they are responsible for is ensuring the place in which they work is maintained secure and complete any special projects assigned (Accounting Clerk 2). An accountant clerk has many responsibilities they have to take care of at all times. This Google PDF document informed me about the certain responsibilities an accountant clerk has to achieve to maintain this certain position. It showed me the great significance it can play in my life if I chose to go into this position and the things I would have to over go. For example, I can hold the responsibility of maintaining and over looking documents for a company or even finding any issues with any of the documents. It also informed me that becoming an accounting clerk can be a great first step to start off with, so that sooner or later I would be able to pursue bigger and greater things. Starting with this job title could better prepare me for any future positions I would like to get into. Being an accounting clerk sure is one good job title that I would keep in mind, but there are also a couple more that have caught my interest. A second job title that can be a possibility for me to look into that can as well deal with a great amount of responsibilities is bookkeeping. Bookkeepers are responsible for taking many records of the transactions for a company’s business. They must also be able to maintain the records within a certain computer program or given ledger. The type of records bookkeepers need to maintain can include those which calculate accounts payable and receivable, expenditures, receipts, and profit and loss (Bureau of Labor Statistics). Bookkeepers have a lot of tasks they have to do so having a wide range of skills will be the only way they would be able to handle this type of job. A bookkeeper may choose to work for a small business or a large company. Either job they choose to work for requires some sort of the same tasks, but if they liked to work for a large company they would have to have much more experience with the task bookkeepers encounter (Bureau of Labor Statistics). If they do not have the great amount of experience than working for a large business would not be a good fit for them and working for a small business would be a much more comfortable start for them. This bookkeeping job deals with a lot double tasking skills that can be complicated to master. The Bureau of Labor Statistics website has gained me a little knowledge about bookkeeping and what it consist of. From this website I took an understanding that a bookkeeper needs to feel comfortable working with a computer at all times because it is one main source they work with. They also have many responsibilities to take into account and in order to accomplish them they have to have the right amount of experience to be successful in this job. Knowing that they work a lot with computers was one main thing that I like about this job. To calculate, put in records and type out data has caught a little of my interest because having experience with computers is something I can perform well with. A last job title that I looked into that caught my attention was a tax specialist. A tax specialist is the person who fills out tax return forms for many clients. Their ultimate goal is to reduce their client’s tax debt by including any possible deductions. They have to conduct many interviews with each client in order to get important personal and financial information. Their duty does not only limit to reporting on tax returns, but they could also have the responsibility of informing their company of any expenditure that has any association with the business transactions (Solis). Tax specialist can also have the option to work year round or only during the season of taxes. To work year round they would have to be working with a business and to work during the season they can do it to earn themselves extra money. How to cite Job Hunt Based on the Education Stream, Papers

Financial Calculation Wildwood Creations Ltd

Question: Discuss about theFinancial Calculation for Wildwood Creations Ltd. Answer: Introduction: The WILDWOOD CREATIONS Ltd is involved in the business of maker, repairer and restorer of wooden outdoor entertainment furniture. The company takes charge of repairing various wooden items and if required it also makes those items. The important factor in regard to the business policy is to ensure that the company works at a pace to make create a more revenue for it. The assessment is to look into various cost aspect of the business and highlight major overruns and other factors involved in a company. The assessment will look into various segments of the business including repairing and creating new item (Duke, 2016). The business assessment is to include several other factors like assessment of salary and wages, raw materials Sam Dekkan is the owner of the company and he is aware of the fact that competition is increasing in the repair market and also in manufacturer of outdoor furniture market (Mahler, 2016). Financial Analysis: Sam Dekkan decided to have a close look in the business and the costs involved in the business to ascertain the main reason for cost overrun. He wants to understand the factors that have played important role in the business in respect of preparing flexible budget and pin pointing the variances. The company is in the business of following; Major repairs, Minor repairs, Making a variety of new outdoor furniture, like tables, bench seats, chairs, outdoor coffee tables, small storage cabinets. If the financials of the company is read properly, this would indicate that the company earns most of its revenue from repairing business. The company wants see that whether the budgetary allocation it has made is proper or not (Benge, 2016). In the next year the company has an expectation to carry out the following number of jobs; Major repairs 390 jobs Minor Repair jobs 1830 Restoration job 540 and New 520 standard outdoor tables The cost regarding completion of the jobs is allocated properly. The company also incurred some costs which are fixed in nature like salary and bonuses (Mahler, 2016). In the Books of WILDWOOD CREATIONS Schedule of Difference between Planned Out Come and Actual Results Budget Actual Variance U/F Jul-15 Jun-16 Total Revenue $947,800 $1,003,090 $55,290 F Costs: Owner Salaries - base $180,000 $180,000 Owner Salaries - bonus $47,390 $50,160 -$2,770 U Major repairs: salaries $102,480 $151,032 -$48,552 U Minor Repairs: wages employees $172,000 $172,000 - Rush Jobs: wages $4,050 $4,455 -$405 U Materials for new tables $72,800 $75,600 -$2,800 U Replacement parts $224,400 $224,945 -$545 U Transportation $44,289 $43,824 $465 F $847,409 $902,016 Contribution $100,391 $101,074 Advertising $15,000 $17,000 -$2,000 U Depreciation $6,000 $6,000 Office Rent $52,000 $54,600 -$2,600 U Miscellaneous $8,200 $7,300 $900 F $81,200 $84,900 Operating Profit $ 19,191 $ 16,174 $ (3,017) U In the Books of WILDWOOD CREATIONS Memorandum of Profit Reconciliation Account Owner Salaries - bonus $2,770 Profit As per budget $19,191 Major repairs: salaries $48,552 Revenue Increase $55,290 Rush Jobs: wages $405 Transportation $465 Materials for new tables $2,800 Miscellaneous $900 Replacement parts $545 $75,846 Advertising $2,000 Office Rent $2,600 $59,672 Profit As per Actual $16,174 In the Books of WILDWOOD CREATIONS Revised Flexible Budget Per Unit/ Hour Number of jobs Total Hours Per Unit or Hrs Cost Budget Sales Major Repairs 450 $450 $202,500 Minor Repairs 1740 $130 $226,200 New Tables 540 $680 $367,200 Rush jobs 55 $320 $17,600 Restoration Jobs 510 $320 $163,200 Total Revenue $976,700 Costs Owner Salaries - base $180,000 Owner Salaries - bonus $48,835 Salaried Employees $172,000 Major repairs: salaries 7 450 3,150 $28 $88,200 Minor Repairs: wages employees 3.1 1,740 5,394 $28 $151,032 Rush Jobs: wages 2.8 55 154 $28 $4,312 Making New Furniture 13 540 7,020 $28 $196,560 Restoration Jobs 7.5 510 3,825 $28 $107,100 Materials for new tables 540 $140 $75,600 Major Repair 450 $120 $54,000 Minor Repiar 1,740 $47 $81,780 Rush Jobs 55 $47 $2,585 Restoration Jobs 510 $47 $23,970 Transportation @35% 955.5 $38 $36,309 Contribution $1,222,283 Advertising $17,000 Depreciation $6,000 Office Rent $54,600 Miscellaneous $7,300 $84,900 Operating Profit/(Loss) $ (330,483) Some assumptions are made wile computing the flexible budget; Advertising, Depreciation Office rent and Misc. Expenses are assumed as fixed expenses. Rush job is charged at $320 a job. The indications are clear that in the company is poised make more losses in future. The break even analysis of each work has to be done separately to ascertain the breakeven point. On the company shall have to revise the rates for the jobs. Important aspect of the business is to contain the cost of the business. Here the cost of salary has increased significantly. The payment of the wages shall have to be linked to the production, so that maximum production level can be achieved if the company wants to sustain in long run. The salaries and wages are fixed or on the basis of the hours worked. Instead of Per hour calculation of wages, the company can increase output only if its shifts from the concept of wages on the basis of each job. It would have saved more man hours (Vitez, 2016). The salary to the partners is to be scraped. There should only be allocation of the profit among the partners. The salary and wages of the employees should be linked to the production. The fixed salary of the employees should be revised. The rate for major work and the rush works should have to be revised to a higher rate. The number of jobs has per man hour has to be increased. Conclusion: These policies as suggested would be the right policy for the company to sustain in the long run. The major focus should be in revision of the rates and increase of production. The comprehensive effort should be there to increase the production. The assessment factors include various side of the business (INC, 2015). References: Benge, V. A. (2016). Budgets as a Basis for Evaluating Performance. Retrieved 09 21, 2016, from smallbusiness.chron.com: https://smallbusiness.chron.com/budgets-basis-evaluating-performance-82027.html Duke. (2016). How do I create a budget? Retrieved 09 13, 2016, from personalfinance.duke.edu: https://personalfinance.duke.edu/manage-your-finances/budget/discretionary-vs-non-discretionary-spending INC. (2015, 12 06). Budgets and Budgeting. Retrieved 09 09, 2016, from www.inc.com: https://www.inc.com/encyclopedia/budgetsandbudgeting.html Mahler, D. (2016, 06 30). Zero-Based Budgeting Is Not a Wonder Diet for Companies. Retrieved 07 08, 2016, from hbr.org: https://hbr.org/2016/06/zero-based-budgeting-is-not-a-wonder-diet-for-companies Mohr, A. (2016). Reasons to Investigate a Budget Variance. Retrieved 09 21, 2016, from smallbusiness.chron.com: https://smallbusiness.chron.com/reasons-investigate-budget-variance-47924.html Vitez, O. (2016). What Is the Role of Budgets Performance Reports? Retrieved 09 21, 2016, from smallbusiness.chron.com: https://smallbusiness.chron.com/role-budgets-performance-reports-861.html

The Characters And Short About Their Backgrounds Essay Example For Students

The Characters And Short About Their Backgrounds: Essay Mr Justice Wargrave Had worked as a Judge for many years and had a fine reputation all over the country. He had killed several people by giving them the death sentence one of them is Edward Seton. Seton was probably innocent. Vera Claythorne Worked as a Schoolmistress. Her crime was killing Cyril Ogilvie Hamilton, by not trying to help him by while he was about to drown. She was his nanny. Philip Lombard Explorer, that has travelled all around the world. Was known as a man that you can rely on in stressful situations. He killed 21 men of an East African tribe by leaving them when mercenaries attacked their village. We will write a custom essay on The Characters And Short About Their Backgrounds: specifically for you for only $16.38 $13.9/page Order now Miss Emily Brent Was an old cynical lady. Because of her a girl named Beatrice Taylor killed herself by jumping from a bridge. She was working with Emily as a maid. And when she got pregnant Emily froze her out. General Macarthur An old General who sent a man named Arthur Richmond to a certain death when he found out that he was having an affair with his wife. Dr Armstrong He owned a practice and was very popular in the upper class of England. He accidentally killed Louisa Mary Clees. He operated her while he was drunk and she died because of that. Tony Marston A man in his mid twenties, very handsome and popular around women. He drives very carelessly and ran over John and Lucy Combes. They both died. Mr Blore A former inspector at Scotland yard. Because of him James Stephen Landor died. He killed himself after being sent to prison innocent. Blore planted the evidence against Landor. Mr and Mrs Rogers They worked as servants. Were married. They worked for Jennifer Brady. Jennifer was a sick old Lady and giving her, her medicine, was a part of their job. One time they didnt give it to her and they inherited a lot of money. One day in August, eight people got a mysterious letter. Eight strangers, all carry a well-hidden secret. They are all invited to Nigger Island, an island that was very famous for people who like to read gossip magazines. The Island is located right outside the Devon coast, and is called Nigger Island cause the island is shaped like a head with the lips of a Negro. They all arrive on time but the weather is terrible and the women are a bit anxious about being on the Island since theres a storm coming. When they get to the Island, they find out that their host and hostess are delayed. They arent alone on the Island. The Owens has hired two servants, Mr and Mrs Rogers. Including them, they are ten people. Mr and Mrs Rogers serve a fantastic dinner, and serve them drinks afterwards. While Mr Rogers serves them the drinks, they hear a mysterious voice. The voice accuses every one of them of a terrible crime: MURDER!Mrs Rogers fainted of the shock. They tried to find out where the voice came from, and discovered that its a gramophone put up against the wall in the adjoining room. They are all very upset, and thats why no one thinks its a murder when Anthony Marston dies just a few minutes later. He choked of his drink, said the doctor, then he gave Mrs Roger a sleeping drug and sent her to bed. Thats how the terrible story began. The others sat up late discussing the mystery about all this. First the very vague invitation, then the voice and their missing host and hostess. They also discuss the letters, and discover that there are different senders. The sender is always a U.N. Owen = unknown. And why the shower curtains were missing. Early next morning Dr Armstrong woke up by someone knocking on his door. It was Mr Rogers, something was wrong with his wife. He couldnt wake her. When Dr Armstrong takes a look at her, he sees that shes dead. Probably heart failure, he cant know for sure without his medical instruments. Thats why nobody thinks the second death is a murder. But when General Macarthur dies from a hard hit in the back of his head while hes sitting on the beach, they start to wonder. After discussing the evidence, (as Judge Wargrave calls it) they come to the conclusion, that Mr unknown is one of them. The weather is so bad that no one could be able to get out to the island. Not even the daily boat with groceries came. The next on the list was Mr Rogers. He was out chopping wood for the fireplace when someone almost cut his head of with an axe. The men found him a few hours later, when they wondered why he hadnt woken them up. Suddenly Vera remembered something: The old nursery jingle. Ten little nigger boys went out to dine;One choked his little self and then there were nine. Nine little nigger boys sat up very late;One overslept himself and then there were eight. Eight little nigger boys travelling in Devon;One said hed stay there and then there were seven. Seven little nigger boys chopping up sticks;One chopped himself in halves and then there were six. Six little nigger boys playing with a hive;A bumblebee stung one and then there were five. Five little nigger boys going in for law;One got into Chancery and then there were four. .ua4ddc2e2e83dab4914d45710262fa28a , .ua4ddc2e2e83dab4914d45710262fa28a .postImageUrl , .ua4ddc2e2e83dab4914d45710262fa28a .centered-text-area { min-height: 80px; position: relative; } .ua4ddc2e2e83dab4914d45710262fa28a , .ua4ddc2e2e83dab4914d45710262fa28a:hover , .ua4ddc2e2e83dab4914d45710262fa28a:visited , .ua4ddc2e2e83dab4914d45710262fa28a:active { border:0!important; } .ua4ddc2e2e83dab4914d45710262fa28a .clearfix:after { content: ""; display: table; clear: both; } .ua4ddc2e2e83dab4914d45710262fa28a { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ua4ddc2e2e83dab4914d45710262fa28a:active , .ua4ddc2e2e83dab4914d45710262fa28a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua4ddc2e2e83dab4914d45710262fa28a .centered-text-area { width: 100%; position: relative ; } .ua4ddc2e2e83dab4914d45710262fa28a .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua4ddc2e2e83dab4914d45710262fa28a .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua4ddc2e2e83dab4914d45710262fa28a .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ua4ddc2e2e83dab4914d45710262fa28a:hover .ctaButton { background-color: #34495E!important; } .ua4ddc2e2e83dab4914d45710262fa28a .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua4ddc2e2e83dab4914d45710262fa28a .ua4ddc2e2e83dab4914d45710262fa28a-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua4ddc2e2e83dab4914d45710262fa28a:after { content: ""; display: block; clear: both; } READ: Marijuana Persuasive EssayFour little nigger boys going out to sea;A red herring swallowed one and then there were three. Three little nigger boys walking in the zoo;A big bear hugged one and then there were two. Two little nigger boys sitting in the sun;One got frizzled up and then there was one. One little nigger boy left all alone;He went and hanged himself and there were none. My God, he was killing by the jingle! Anthony Marston choked, Mrs Rogers overslept, General Macarthur stayed on the coast of Devon and Mr Rogers was chopping up sticks. Another weird thing is the tray with the adornment little nigger boys, in the dining room. After each death theres one missing. And no one notices until after the second death. The fifth to be killed was Miss Emily Brent. She was sitting alone in the dining room, when the killer struck. She was half-asleep from a sleeping drug, which the killer had slipped into her coffee, when she was killed with a cyanide injection. Vera came to fetch her, but when she heard a bumblebee buzzing, she knew what had happened. Now there were only five of them left. I guess theres no need to say that the atmosphere was very tensed and they were all very frightened. Vera went to bed early that night, and no one had to tell her to lock her door carefully. The men remained downstairs talking. They were trying to figure out how they all could be lured into this mess. Philip Lombard had been asked to come to protect Mrs Unknown jewellery, he had even brought a gun. While they were talking Vera went into her room, but suddenly she felt a hand on her shoulder. She screamed and in a second or two, the men broke into her room. They turned on the lights, and discovered that the hand was seaweed hanging from the ceiling, but something else was wrong. Someone was missingthe Judge. When they got to the living room he was sitting in a chair, with a judge wig and robe. It was Emilys missing yarn and the shower curtain. He was dead, shot in the head, probably with Mr Lombards gun. Mr Lombard, was now a suspect. So they put all lethal weapons and drugs into a bo x with a lock on it, and then put the box in a chest that also had a lock on it. They gave one key to Mr Lombard, and the other one to Mr Blore. So if someone wanted to open the boxes they had to have both keys. That night Vera went to bed feeling a bit safer. She thought the boat would come in the morning, and with all dangerous weapons locked up, they would survive the nightno doubt. Mr Blore was determined not to fall asleep. So he lay on his bed waiting for something to happen. And his waiting paid of. Around half past two, he heard footsteps outside his door. He sprung to his feet; noiseless he opened the door, just in time to see doctor Armstrong walk out the front door. He went to fetch Lombard and together they searched for Dr Armstrong. When the morning came, the two men were sure that Dr Armstrong was the killer. They woke Vera up and told her what had happened during the night. The Island was very small and bare, so theres no place to hide except or the house. They figured that there was nothing left to do, so they went down to the bridge and waited for the boat. They knew who the killer was, they had searched the whole island last night without finding him and Lombard had his gun with him. It was finally overthey thought. In good faith, Mr Blore went up to the house to get them something to eat. After a while Vera and Lombard wondered were he were, and went up to the house to look for him. They found him dead, hit in the head by a stone statue formed as a bear. The statue had fallen from the window above. Now they knew who the killer was. It was Dr Armstrong and this proved that he was still alive. Vera and Lombard went for a walk on the cliffs, they figured they would be safer there. Because there they could se him coming long before he could get to them. Suddenly Vera saw something in the water. It was stuck between two rocks. They went down to look at it and when they got closer they realised it was a human body. They pulled up the body and when they saw whom it was Lombard pulled his gun. It was Dr Armstrong! With only two people alive on the island they knew that it had to be one of them. Vera insisted that they should lay Armstrongs body over the high tide mark. The body was heavy, and while Lombard was busy with the body Vera stole his gun. They struggled with the gun for a few minutes and suddenly the gun went off. Lombard fell dead to the ground. Vera went up to the house. In every guestroom she saw a dead body on the bed: first Anthony Marston, then Mrs Rogers, General Macarthur, Mr Rogers, Miss Brent and Judge Wargrave. She felt very tired, though she hadnt eaten any thing all she could think of was to go to sleep. She went into her room. In the middle of the room there was a noose hanging from the roof with a chair under. She climbed up the chair a put the noose around her neck like she was in a trance. Then she kicked the chair away. .u1f31691a8d4fb0de12ef8e48f1f8b919 , .u1f31691a8d4fb0de12ef8e48f1f8b919 .postImageUrl , .u1f31691a8d4fb0de12ef8e48f1f8b919 .centered-text-area { min-height: 80px; position: relative; } .u1f31691a8d4fb0de12ef8e48f1f8b919 , .u1f31691a8d4fb0de12ef8e48f1f8b919:hover , .u1f31691a8d4fb0de12ef8e48f1f8b919:visited , .u1f31691a8d4fb0de12ef8e48f1f8b919:active { border:0!important; } .u1f31691a8d4fb0de12ef8e48f1f8b919 .clearfix:after { content: ""; display: table; clear: both; } .u1f31691a8d4fb0de12ef8e48f1f8b919 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u1f31691a8d4fb0de12ef8e48f1f8b919:active , .u1f31691a8d4fb0de12ef8e48f1f8b919:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1f31691a8d4fb0de12ef8e48f1f8b919 .centered-text-area { width: 100%; position: relative ; } .u1f31691a8d4fb0de12ef8e48f1f8b919 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1f31691a8d4fb0de12ef8e48f1f8b919 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1f31691a8d4fb0de12ef8e48f1f8b919 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u1f31691a8d4fb0de12ef8e48f1f8b919:hover .ctaButton { background-color: #34495E!important; } .u1f31691a8d4fb0de12ef8e48f1f8b919 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1f31691a8d4fb0de12ef8e48f1f8b919 .u1f31691a8d4fb0de12ef8e48f1f8b919-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1f31691a8d4fb0de12ef8e48f1f8b919:after { content: ""; display: block; clear: both; } READ: The Themes of the American Dream, Racism, and White Privilege in Between the World and Me, a Novel by Ta-Nehisi Coates EssayPeople on shore had been told that there was going to be a test on the island, to see how people react when they are marooned on an island for a week. Thats why the boat didnt come. But after a few days they started to wonder. When the boat got there, all they found were dead bodies and the worst crime mystery England ever seen. They knew the order of the crimes, cause Vera had written a diary and they knew the time of death of Lombard. The rest they could figure out. Vera hanged herself, but normally the chair would lie on the floor, but it was neatl y put upright in a corner. And the gun lying in the hallway. The police were puzzled but everything solved when a fisherman found a message in a bottle. The Judge, Mr Justice Wargrave, had written the message. This is the content of the letter:He was the murderer, and the reason that he killed all those people was because ha had always felt a need for killing. But he also had a strong sense of whats right and whats wrong. And one day when he was talking to his colleagues they discussed that there must be a lot of crimes that the law cant touch. Crimes like death help and car accidents often cant be proved. In his mind he came up with a plan. A plan that would help him convict murderers. He loured nine people to the island including him they would be ten. Finding the people wasnt very hard. He asked people hed met a few questions, and without knowing it people told him exactly what he wanted to know. He chose the Nigger Island cause the name fitted with the old nursery jingle he had learned at school as a child. Slipping cyanide in Tony Marstons drink wasnt difficult, cause at that time no one suspected murder, same thing with Mrs Rog ers. General Macarthur was also an easy target while he was sitting alone on the beach. Everyone was asleep when he killed Mr Rogers and Miss Brent wasnt suspecting anything when he put sugar in her coffee. And by the time he gave her the lethal dose of cyanide, she was to affected by the drug to notice him. He engineered his own death with the help of Dr Armstrong. He told him that he knew a way to find out who the murder was. They would convince the others that he was dead so he could snoop around without anyone knowing. All the doctor had to do was to say that he was dead, and ketchup did the trick with the bullet hole. He told the Doctor that he wanted to meet him on the cliffs later. When the good doctor came, he was pushed into the ocean. No one could she him when he threw the bear of stone at Blore. Vera took care of Lombard and herself. All he had to do was to put the chair back, and then take his own life. And he built some kind of catapult to throw the gun into the hallway after he had taken his own life. But first, he wrote this letter. My notes:Theres really not much to write about the characters, because Agatha hasnt written much about them. Just their actions and reactions, not much about their appearances. I think that her main reason about the book was just to entertain people, to give us something scary to read. The book is realistic but it in the same time its not. I wouldnt be surprised if some maniac really did something like his, not in Sweden though. Agatha Christie has written the book from an observers point of view. But she also get individual sometimes, you know what Veras thinking when she writes in her diary and so on. The book is written in old-fashioned everyday English speech. For example: Fancy a drink ehh?My thoughts about the book:I liked the book but I dont think its one of her best. Ive read quite a few but I liked the other ones better. I cant say that the novel has effected me, not like On the beach. After that book I started o think about world peace and things like that, but as I said this isnt likely to happen in Sweden. I dont know what else to say, I liked the book, it didnt affect me in any special way and I cant recognise their feelings in my own life. Agatha ChristieAgatha Christie is famous throughout the world. She has written 78 crime novels, 19 plays and 6 novels written under the name of Mary Westmacott. Her books have sold billions of copies in English and another billion in 44 other languages. Her last published book, sleeping murder, was published in 1976. Staring: Miss Marple, one of two persons that she often used in her books. The other one is Hercule Poirot. Hercule was a detective and Miss Marple was an old lady who kept her eyes open and had a sense for details. They always solved their murders. She was born in Torquay, and were married to Sir Max Mallowan, archaeologist.

Common Elements That Mess up Your Biochemistry Personal Statement Essay Example

Common Elements That Mess up Your Biochemistry Personal Statement Essay Example Common Elements That Mess up Your Biochemistry Personal Statement Paper Common Elements That Mess up Your Biochemistry Personal Statement Paper Biochemistry is a vast field that deals with the chemical processes that take place in a living organism, though it is not restricted to only living matter. Individuals who want to pursue biochemistry field are prepared to devote their life in studying different structures and functions of cellular components of living matters. To gain admission in a college in order to acquire advance degree in biochemistry one needs to deal with a college personal statement first. Writing a personal statement for biochemistry graduate course is although not a rocket science but still you need to be extra careful because even a single critical mistake can easily put your application at risk and jeopardize your chances of gaining admission in a prospective college. You need to make an effective outline and list down all the necessary elements carefully to make the statement impressive. It should also be noted that not every detail needs to be shared in the personal statement. Only those details should be discussed that can make the right impact. Following are some of the common elements that can mess up your biochemistry personal statement, rendering you from gaining acceptance in any prominent college. Failure to meet the personal statement requirements Different graduate schools provide different requirements along with the application. It is necessary to read those requirements carefully in order to put together a statement which meets the expectations of the board. A standard list of requirements include word limit, font styles and size, number of paragraphs in the statement, deadline of submission, some specific questions, etc. Though writing a compelling biochemistry statement will stimulate the interest of the board members but by complying with given requirements the chances of gaining the admission increase even more. Furthermore, by adhering to the given set of guidelines, you demonstrate the board that you are able to meet their requirements and willing to adhere to their instructions. Expressing negativity There are those individuals who have faced and overcome many sorts of grave ordeals in order to strive and be able to study more. If you are also among those people who have overcome great trials, make certain that you don’t express any kind of negativity in your statement but demonstrate a positive and solid attitude. Show your worth to the admission board and don’t ask for a pity. Be proud of yourself that you have triumph over all your problems and show that expression in your statement. Plagiarism Given that majority of individuals don’t know how personal statements, especially biochemistry statements, are written, many of them try to copy the content from sample statements and submit it to the admission department. It is true that sample statements can serve as a great help for writing attention grabbing personal statement. However, plagiarizing the content from the samples, hoping to gain the acceptance is one guaranteed way to mess up the chances of gaining the admission. Remember that you can mess up your personal statement by sticking with the given mistakes or you can increase your chances by avoiding those mistakes, the choice is yours.

Homeland Security #5 Essay Example | Topics and Well Written Essays - 500 words

Homeland Security #5 - Essay Example Lastly, we will have in place a team, specially picked to tackle cyber security issues. Such a team will collaborate with other teams so as to ensure that there is proper information sharing among various levels. A team of fire personnel will have the responsibility of accessing and reporting buildings and areas containing hazardous materials. Besides, they will undertake the detection of weapons of mass destruction, observing and detecting symptoms of exposure. They will also do evaluation of physical integrity of buildings (Gartenstein-Ross & Kyle). The team of police officers will be responsible for development of community policing philosophy and training of officers to support these efforts, analysis of terror issues, and development of partnerships with other external bodies to enhance security and the collaboration with the department of homeland security (Docobo). The mayors will be the ones to take command of any incident reported via 911, coordinate the warning or evacuation of affected areas, assessment of the situation and putting out any request for help to the state and federal agencies (Federal Emergency Management Agency 23). They will also ensure that local agencies are harnessed to coordinate the rescue efforts. Health workers will have the responsibility of monitoring various aspects of health of a given area, diagnosing and investigating any health or environmental health issues and educating and empowering people on specific health issues. They will also ensure that the state and local partnerships are mobilized to identify and solve issues before, during and after the event. The monitoring phase will be preceded by emergency planning. This will help in ensuring that each team is aware of their responsibility in the event of an emergency. The teams should also be prepared to perform their functions and this will necessitate a range of training activities (Gartenstein-Ross & Kyle) so as to give them the required

Malcolm knowles Assignment Example | Topics and Well Written Essays - 750 words

Malcolm knowles - Assignment Example In one of his books, Platon’s Educational Ideas, Kapp highlights the necessity for lifelong learning. Kapp argues that education, educating the character and self reflection of the character are the first essentials in human life. He analyzes the education of an individual and combines the inner personality character and the outer objective competencies, deriving a conclusion that learning occurs not only through teachers but also through life experiences and self reflection. Later in 1920’s, the theory found its roots through a group of scholars from Germany. Their idea was sophisticated and theory-oriented and was not extensively shared thus it was forgotten. The 1950’s saw the emergence of publication of Andragogy in Germany, Netherlands, Yugoslavia and Switzerland. The application of the theory was still known to insiders. The theory gained global recognition in 1960’s by the influence of Malcolm Knowles. Knowles published this theory in 1968 under the title â€Å"Andragogy, not Pedagogy†. The theory became widely known and was applied majorly for adult education (Melick, Richard & Shera 112). The andragogic model as formulated by Knowles highlights five issues that need to be considered and addressed by formal educators. First, the learning candidate should be informed of the importance of learning and why. This assumption (or principle) does not emphasize on the reasons why the students/ learners are in the classroom but rather on the importance of each item they are taught when in the classroom. Secondly, the learners should be shown how to guide and direct themselves through information. This includes respecting the learning styles of the candidates. There are generally three learning styles; visual, kinetic and auditory. Visual learners rely mostly on pictures. They understand the education topic much better by use of illustrations, graphs and diagrams and adapt

Australian Women Workforce Participation and Childcare from birth to 5 Essay

Australian Women Workforce Participation and Childcare from birth to 5 - Essay Example Formerly developing from feminine labor movements in North America & Europe, female involvement in politics and the labor force provides a great emphasis of IWD (Council of Australian Governments, 2013). The literature review seeks to review current female participation in the Australian workforce. The paper will include peer reviewed studies and an exploration of the popular and the critical view of the topic. This paper further explores the steps by the authorities to support the Australian women in the workforce. The rate of Australian women’s participation in the workforce has increased rapidly in recent years (Baxter, Renda, & Australian Institute of Family Studies, 2011). Research indicates that women, especially expectant mothers and those with children up to the years of five have had various experiences in regards to working and childcare (Boyd, Walker, & Thorpe, 2013). Many women have found it difficult to work while having small children needing childcare (Broderick, 2012). The difficulties led to parental leaves for expectant mothers in order to have ample time to take care of their children (Walters, & Whitehouse, 2012; Adams, & Security4Women, 2010). Research further adds that women required the government to cater for paid parental leaves and childcare costs instead of the mothers having to leave their work to take care of the children (Cooklin, Rowe, & Fisher, 2012). The government initiated the Paid Parental Leave (PPL) and child care costs programs meant to support work ing women while on maternal leaves raising the children following the recommended health and nutrition standards. Unfortunately, not all women benefit from these programs (ONeill & Johns, 2009). Research also adds that women’s participation in the workforce is not only a barrier to appropriate childcare but also an obstacle to family care

Competitive advantage of Firms in Global Industry

Competitive advantage of Firms in Global Industry THE COMPETITIVE ADVANTAGE OF FIRMS IN GLOBAL INDUSTRY Introduction First and foremost, the important aspect to note and to discuss is the creation and sustainability of competitive advantage of multinational enterprise in the Global world and how strategies formed by each firm contributes to competitive advantage. Strategic competition An industry regardless is a combination of group of competing companies providing services or products that compete directly with each other. Products are encircled by strategically oriented industries especially if they have similarities in competitive advantage. The industries who share the same consumers, technologies, production channels, and etc. have their distinct way of competitive advantage requirements. Multinational enterprise competition is either won or lost depending on how successful their strategic competitive advantage favors them. The industry is an open avenue where multinational enterprise can compete with each other. Firms use competitive advantages to sustain and maximize profit for themselves although, there is no best competitive advantage but only the strategic means that is in favor of the firm succeeds. There are two major aspects to be considered while choosing a firms competitive advantage. The structure of the industry where the firm competes. The industrial competitiveness differs to each other, so for sustainable profits, not all industries offer same opportunities. Positioning within an industry: competitive positioning is very important but some multinational enterprise in a highly attractive industry may still be in difficult situation and might not have earned satisfactory profits if it has not chosen the right competitive positioning. Changes in the structure or entry barrier of industry can influence the attractiveness of the industry. Analytical structure of industry There are five competitive forces that explain what multinational enterprises undergo in order to compete with each other in the industry. They are as follows: The threat of new entrants into the industry The threat of substitute products or services of another firm Suppliers bargaining power Buyers bargaining power Rivalry among the existing competitors The performance and the profitability of each multinational enterprise are determined by the strength of the above mentioned five forces. Many industries where by the five forces favors them performs profitably well with great invested capital returns such as soft drinks, database publishing, pharmaceuticals etc. Whereas, industries which experiences pressure from one or more of those five forces tends to struggle and few among the firms in the industry realize profitability for a long term. The five forces are the basic tools used in determining the profitability of the industry because the prices firms charge are controlled by these forces and likewise the cost they have to bear and above all the investment required to competing in the industry. for instance, when a new entrants surfaces, there would be limits to the overall profit potential in the industry due to the fact that new entrants would bring fresh capacity and would look for market share pulling down margins. Higher cost of competitiveness brings about more profits for example, advertising, sales expense or passing on profits to customers in form of lower prices. Competitors tend to lower the price they charge on of products due to the presence of close substitute products. The structure of the industrys function is determined by the strength of each competitive factor for instance, the extent at which an enterprises sales is at risk to any one buyer and the issue of price sensitivity. This is regarded as buying power. Multinational enterprise can use their strategy influence the five forces to raise barriers of entry for instance the introduction of computer information to airline industry has raised the entry barrier as any new enterprise would require investment in hundreds of millions of pounds. Industrial structure varies and are different to each other depending on the type of industry it is such as the pharmaceuticals where barriers of entry is very high and difficult to penetrate due to the need of huge fixed research and development costs and economies of scale in selling to physicians. Getting and developing a substitutes and effective to drugs is not an easy task. The structure of the industry creates differing requirement for success such as differing skills and resources in different industries. Furthermore, multinational enterprise must be structurally attractive in the industry with sustainable entry barriers such as technology, skills, channels access and reputation of brand/product. Factor that might affect competitive advantage of multinational enterprise is the standard of living which would depend of the capacity of the firm to penetrate structurally attractive industries. Structural change helps competitiveness and creates opportunities for competitors to penetrate new industries. Structural change creates avenue for competitors to penetrate industries. A good example is the American dominance of IBM and Xerox, the firm was challenged successfully by a Japanese copier company due to underserved product segment such as small copier, using a new approach to the consumers by using dealers instead of direct sales, mass production of goods and pricing approach was modified. This strategic approach reduced the entry barriers and had a negative implication on the previous leaders (American firm) advantages. Positioning within industries According to Porter, at the heart of positioning is competitive advantage therefore for multinational enterprise to achieve success, they must possess a sustainable competitive advantage the two types of competitive advantages by Porter are as follows: Lower cost: this means being able to design, produce and market similar product more efficiently than other competitors. For example the Korean steel and semiconductor firm was able to produce at a very low cost, using low-wage but highly productive labor force and a modernized process. Differentiation: the ability to maintain quality and unique and superior value to consumers. From: http://tutor2u.net/business/images/competitive_strategies.gif Competitive Advantage Creation Competitive advantage would be shifted by innovation if multinational enterprise fails to perceive a new way of competing or are not able to respond to competition. For e.g. the Swiss watch producers were unable to identify the competitive advantage of Timex an American company due to the fear of low quality production whereas the American Timex mass produced inexpensive disposable watch. Causes of competitive advantages are: New technologies: some multinational enterprises steeped in an old technological paradigm cannot cope with this New and shifting consumer needs: in order to meet the needs of consumers firms might need to adopt a new value chain which might be difficult for some firms. For example the American fast food firms were able to gain competitive advantage over local restaurants due to this. Shifting cost: firms may find it difficult to compete as cost of production changes. New entrant /new industry segment: Government regulation changes: government may change her regulation such as the standard required for each products. This might be a barrier for some firms to compete. Highlights of factors affecting multinational enterprises There are two major types of factors affecting multinational enterprise. Internal factors External factors Internal factors include: Political parties Suppliers Buyers Competitors Consumer of respective country External factors include: Political environment, Legal environment, Socio-cultural environment Demographic conditions of respective country FURTHER EXPLANATION ON THE PROBLEMS FACING MULTINATIONAL ENTERPRISE The supply chain of multinational companies can be made richer and promising, the cost of work force which is high could be changed or transformed and potential markets can be expanded. Furthermore, the advantage of multinational enterprise competition can be made stronger in a global market. Otherwise, some problems are met in the changed environments in foreign countries at the same time. The changed environments can be divided into four main parts, such as the following: Difference in culture Factors occurring in the environment Legal issues in environment Economic environment Political system issues All the changed environments make problems to multinational companies. In particular, problems which are caused by changed culture environment are the most serious aspect of running a multinational business. Cultural Competitive Advantage The norms and values of a country contribute to the cost and influence the cost of doing business in that country and likewise, the cost of doing business in a country enhances the strength of firms competitive advantage in an international market. For instance, the Hindu does not support capitalism as the ethics embedded in the Protestantism and the Confucianism furthermore, the Islamic laws disallowing interest payments mat raise the cost of doing business by constraining a countrys banking system. The example of Japans cultural influence of competitive advantage on international business cannot be over emphasized due to its ability to lower the cost of doing business such as group affiliation, loyalty, reciprocal obligations, honesty, and education which has contributed to the success of the countrys competitive advantage. In comparison of Japan and American firms, it has been argued that Japan is not in support of entrepreneur whereas the Americans are which has made it possible for the American firms to dominate companies that are in support of entrepreneurial activities such as biotechnology and computer software. Maintaining Economic Competitiveness Factor bestowal/benefaction As argued by Michael Porter, according to Heckscher-Ohlin theory, governments investment in education would go a long way to help the country by giving a good and proper education and skills to a larger population in the country. A good example is Japan, the secrete behind her success is the provision of quality education to a larger number of her population, which has tremendously maintained, contributed and helped her competitive advantage. Status of demand The status of home demand has a major role to play in the production of domestic products which enables firms to be innovative and aspire for quality. Japaneses quality camera production is due to the need for consumers demand. Complementing industries The existence of complementing industries would help the strength of its competitive advantage such as the Swedish steel industrys strong competitive advantage due to the production of fabricated steel like ball bearing and cutting tools. Adopted strategy, structure and firms rivals According to Michael Porter argument, the idea developed or employed by each country varies which might or might not help them maintain national economic competition. According to him, the Japanese and the German firms are being dominated by top engineers whereas in the USA, that with good financial background dominates the firms. He further argues that the USAs loss of power in the engineering dominated firms was due their adopted idea. Furthermore, rivals into the industry always bring about ways of improving production quality, cost reduction and innovative ideas which helps firms to compete internationally. Conclusion Michael Porter has very good competitive ideas which could help a firm to compete internationally. References: Richard M.S Wilson and Collingilligan A. (2007) Strategic marketing management, planning, implementation and control 3rd edition. Elsevier limited. Helen Deresky (2006) International Management, Managing Across Borders and Cultures. 5th Edition, USA: Pearson prentice hall. Jan Aart scholte (2000) Globalization, A Critical Introduction, 2nd Edition. Palgrave Macmillan. McGraw-Hill/, (2005) international business: competing in the Global marketplace 5th Edition. The McGraw-Hill/Irwin companies Inc. http://tutor2u.net/business/strategy/global-business-global-strategy.html 4th Jan 2010 http://i.investopedia.com/inv/articles/site/IndustryHandbook1x.gif 5th Jan 2010 http://www.oecd.org/dataoecd/56/36/1922428.pdf 9th Feb 2010 http://www.oppapers.com/essays/Discuss-Management-Problems-Facing-Multinational-Companies/120224 10th Feb 2010 http://tutor2u.net/business/images/competitive_strategies.gif 11th Feb 2010 http://www.articlealley.com/article_183485_22.html 13th Feb 2010

Lord of the Rings: Two Towers vs. Harry Potter: Prisoner of Azkaban Com

Lord of the Rings: Two Towers vs. Harry Potter: Prisoner of Azkaban Comparison In the two novels, Lord of the Rings: The Two Towers and Harry Potter: The Prisoner of Azkaban, by J.K. Rowling, there is a distinct relationship that is created through the idea that there are the chosen individuals are the only ones that can save the world. The first novel, Lord of the Rings: The Two Towers is a novel generally focusing on uniting  ¡Ã‚ §Middle Earth ¡Ã‚ ¨, a term used to describe the human world, to defeat the enemy forces of evil controlled by a character described as pure evil named NAME. The actions of one small hobbit name Frodo Baggins, a race similar to humans, that will in fact determine the outcome of who is triumphant; not the actions of the hundreds of thousands of soldiers protecting the vast armies of Saruman. Although author ¡Ã‚ ¦s style is completely different, considering the novels were written in separate generations, you could find many comparisons when relating back to the idea of  ¡Ã‚ §good versus evil ¡Ã‚ ¨. In the second novel, Harry Potter: The Prisoner of Azkaban, there is a young boy named Harry Potter, whose parents were famous wizards but were allegedly murdered by an evil wizard named Sirius Black. His past is constantly being reminded to Harry, as news that Sirius Black has escaped from prison and is seeking out Harry. Harry and his close friends set out of an adventure to find the truth and lies of his past, only to uncover more treachery, lies, and deception. These chosen heroes often follow a  ¡Ã‚ §collective unconscious ¡Ã‚ ¨ [1], meaning that patterns emerge in all  ¡Ã‚ §good versus bad ¡Ã‚ ¨ scenarios that are generally alike. There is the hero ¡Ã‚ ¦s beginning, where a character is destined to do great things but is constantly in a struggle for power, the call to adventure, where heroes become very important is given a chance to prove himself, and the reward, when a character successfully completes his quest, there is some form of gratification and celebration [2]. Regardless of overwhelming odds to defeat evil, the forces of good call for reprisal, uniting their forces to defeat the enemy.   Ã‚  Ã‚  Ã‚  Ã‚   In hero ¡Ã‚ ¦s beginning, the characters are introduced as very important and are going to serve a purpose, greater than him self which indefinitely will lead to the next stage of a hero ¡Ã‚ ¦s recognized stature. Although it may not be evident at a specific time, ... ...d ensure peace for the future. Their goals were separate, but the reward of pride, respect and honor are generally the same among heroes.   Ã‚  Ã‚  Ã‚  Ã‚  The heroes share very many qualities, but it is their differences that set them aside from each other. Harry Potter and Frodo Baggins would be considerable adversaries consider how hard they tried to achieve their goal. Not once did they stop because they were scared, not once did they turn around because they were tired, not once did they doubt the people that mattered to them. Frodo and Harry may be some different time periods, even in their fictionist world, and even the novels were written in different generations, but the idea of good triumphing over evil rules.   Ã‚  Ã‚  Ã‚  Ã‚  So you are still asking yourself,  ¡Ã‚ §What makes a hero? ¡Ã‚ ¨ The general answer that can be given is based around the principals that good is fighting to eliminate the ghastly. In both of the novels, not only are the heroes the heroes, but the people that do not get the gratification. The people that help out the main characters are just as important than people like Harry Potter and Frodo Baggins, but the elimination of evil is a reward that can be justified by anyone.