Ert- Physics Essays

Ert- Physics Essays Ert- Physics Essay Ert- Physics Essay Preface Information and knowledge have emerged as major sources of wealth in the recent past. There is a digital revolution and it has impact and influences on the consumers, producers, investors, exporters, importers, public policy makers, academics, students, consultants, administrators, lawmakers and all others directly or indirectly involved in various processes of the new economy. It has also huge challenges for all of the above and the shape of things to come will be determined by their response to the fast moving changes, additions and modifications in the Information, Communication, Technologies (ICTs) and their applications. The pace of the revolutionary changes in the ICTs and their applications and their impacts, influences and challenges are more pronounced in the developed countries. The rest of the world is also catching up with them fast in the digital stakes. Public policy makers in both the developed countries and the rest of the world and administrators, who have even bigger challenges than policy makers, will have serious problems to tackle. Censorship and freedom will be in conflict with each other in relation to the use of and access to the ICTs. ICTs have ushered in a new era of global communication, production, trade and investment. It has implications for all of the players in the economy and society irrespective of whether they reside and work in the developed countries or in the developing countries. The digital economy is transforming the lives of people beyond recognition. There is a revolution in the way that things are produced and traded before they reach the final consumer. Also there is a revolution of rising expectations as the world is getting transformed to a global village and the access to the good things in life will no more be in the domain of the rich and influential, whether in developed or developing countries. The buzzword is e-commerce. The term e-commerce goes beyond doing business electronically. Doing business electronically means that the conventional processes are computerized and are done on the Internet, however now it seems that the Internet is not merely an alternative to make a channel for marketing or selling product online. Instead the electronic marketplace enables the seller to innovate the whole business process from the producer to consumer to service by integrating them in the seamless whole, where product choices and prices are updated according to the customer information in real-time on web stores. viii About the Book This book is not about how to use the web or how to set up your web page for a successful business. This book provides information from socio-economic angle. As a number of books are already available about e-commerce or digital commerce, most of them provide information mainly from a technical angle and the socio-economic aspect had been neglected. Contrary to that, we would like to present the picture of digital information economy from the socio-economic perspective. This book covers various aspects of global production, trade and investment and the effects of the Internet from a socio-economic angle. While paying attention to the current status of intertwined issues of electronic commerce in technology, standards, policy and legal issues, the focus is on many economic issues and aspects of electronic commerce that other books do not cover. This book aims to provide relevant theoretical frameworks and the latest empirical research findings in this area. The change in the flow of information, computing and communication in the recent past has greatly influenced the world economy. In the emerging â€Å"digital economy,† the players as well as the rules of the game are changing fast. Along with it has come a lot of confusion and uncertainty. The digital economy may bring potential invasions of privacy, more sophisticated and far-reaching criminal activities and host of other unknown problems. The audience of this book is diverse. In addition to the academics, students and other knowledge workers, this book is intended for the business people who are using the Internet to seek a new customer, suppliers and partners around the world. If a business person is already directly involved in international trade and business and business trade, either as a manufacturer, distributor, exporter and importer, custom broker and freight forwarder, trade financer, diplomat, then this book is for him/her. If he/she is involved in the international trade, perhaps as a lawyer, management consultant, trade show organizer, site developer, business school professor, executive educator or someone who advises international companies, then this book is also for him or her. The assembling of the chapters and editing of this volume was a very onerous task but has proved to be highly worthwhile and rewarding in the end. The response to the call for chapters was overwhelming. We received proposals from top scholars, professionals and practitioners from various parts of the world. We have received chapters from the USA, Canada, Japan, Australia, New Zealand, Korea, Singapore, India and many other countries. Authors with background from various cultural groups and with firsthand knowledge of the socio-economic impacts, influences and challenges of the digital economy has contributed to this volume. Choice of the chapters for this volume was a highly challenging task, as we received an overwhelming response. Which chapter to include and which to exclude was very difficult. Chapters included in this volume have gone through a very rigorous review process. The ultimate choice of the chapters for inclusion in this volume were guided by the quality, relevance and coverage of the vital issues and proper analysis and depiction of the impacts, influences and challenges of the digital economy. The brief ix summaries of the various chapters included in the book in the words of the contributors are provided below for the readers to make their own judgement: The first chapter of this book is Socio-Economic Impacts and Influences of E-Commerce in a Digital Economy written by Sushil K. Sharma. Electronic commerce or e-commerce is the exchange and processing of business transaction information using computers connected through a network. E-commerce does have unique advantages for businesses. It allows a shop, a show room or an office to open 24 hours a day, seven days a week. It also means that time zones are not a problem. A Web site can bring a prospect from the point of advertising and information directly to the point of sale, seamlessly, without involving any other medium. Adoption of new information technologies, particularly e-commerce, is expected to result in improvements in firm performance, such as reducing transaction costs and closer coordination of economic activity among business partners. E-commerce also is expected to facilitate entry into new markets or extension of existing markets and greater integration of systems with suppliers and customers. E-commerce is changing business economics and as a result many firms are re-engineering their core business processes. Suppliers and retailers are able to collaborate on product forecasts, product flow and inventory management decisions using the collaborative Internet-based networks between suppliers and retailers. In addition to reducing costs, e-commerce solutions permit customers to custom order products based on individual needs and preferences. Retailers are able to allow customers to mass customize orders based on virtually thousands of choices. The Internet’s growth and e-commerce has begun to create fundamental change in government, societies, and economies with social, economic and political implications. These advances present many significant opportunities but also are having wide-ranging effects across numerous domains of society and policy makers. As e-commerce continues to grow rapidly, it could have significant effects on the social and economic structures of economy. The impacts of these changes are diverse and may even widen the digital divide among nations, alter the composition of trade, disrupt labor markets and change taxation, may have ramifications for intellectual property rights, privacy protection, and data filtering, etc. Some of these effects of e-commerce are unintentional and create adverse business and personal conditions that could have societal consequences. Social and economic aspects of ICTs have been studied by a wide variety of researchers and practitioners for over 50 years. However, the influences of e-commerce are far bigger than imagined before. This chapter describes the various socio-economic impacts and influences that have been created by e-commerce in a digital economy. The second chapter is Re-Intermediation and Deferment through E-Commerce: NeoAustrian Interpretation of Capital and Time written by Parthasarathi Banerjee. It is commonly believed that electronic commerce reduces intermediation and the time in a business circuit. This is an efficiency view. This borrows from the Chicago view. Alternatively, transactions cost economics (TCE) theorists argue that electronic commerce decreases transactions cost by way of reducing the distance between the producers and the customers. TCE too argues that dis-intermediation in electronic commerce reduces transactions cost and hence increases economic efficiency. In contrast x to this efficiency theory of dis-intermediation and of quickened money, this chapter argues from Neo-Austrian perspective that efficiency can refer to technological changes alone. Efficiency, it is argued, fails to increase rate of profit or innovation. Electronic commerce is an innovation in trade. Electronic commerce brings in several layers of possible intermediaries. In this chapter authors argue that electronic commerce keeps transactions incomplete and extends the completion of transactions indefinitely and thereby; electronic commerce instead of shortening the business circuit would extend such a circuit indefinitely. Indefinite extension of business circuits- that is the lengthening of business transactions- increases effectively the period of production. Austrian theory argues that capital is time. This theory argues that a longer period of production implies a higher rate of profit and an increase in capital. Based on this theoretical stance, the authors argue that electronic commerce enhances capital and increases the rate of profit by lengthening the circuit of transaction through re-intermediation and through an increased period of production. Velocity of money or goods in an economy, as the efficiency theorist suggests, refers to technical efficiency. This efficiency refers to particular states of affairs of technology. As a result this perspective fails to explain why such technological states change or why certain particular economic agents reap great profits. Moreover, efficiency theorists’ â€Å"profit† is actually a rent earned. Interpreters of TCE have assumed that electronic commerce brings about a frictionless or transactions-cost-free market. They have wrongly committed TCE to such an explanation. Moreover, reduction of transactions cost would increase efficiency and would not increase rate of profit or the capital and even would not hasten innovation. It follows contrarily that electronic commerce would increase transactions cost. Internet pricing has shown personalized effects based on quality differentiation and on personalized offerings. Electronic commerce has opened up the possibility of offering extremely variegated personalized pricing. This forum can also offer equivalents of typical market place bargains. Production organization of a vertically integrated corporation stood upon standardization. Production of apiece products with variegated quality, chosen often by the buyer himself, demands that the entire chain of logistics and the supply chains get linked to the electronic commerce platform and that the stages in production are increased immensely and at each step of production each apiece product contains unique information. Such a picture of an electronic-commerce-led economy shows that stages of production must increase, that different economic agents must undertake value addition at each stage, that variability must increase and that mass production of personalized wares must hasten. In short, electronic commerce demands that an economy increase both its division of labor and the long period of production. A long period of production refers to the entire input-output table of an economy. A short period of production refers to a specific transaction chain of a business or a sector. Electronic commerce increases the length of both these periods. Shackle discussed profit and its rate from the perspective of lengthened periods of production and an increase in the division of labor amongst economic agents who are speculators. Electronic commerce has opened up this opportunity. In these commerce intermediations, in particular, cyber mediations have increased and will continue to increase. NeoAustrian framework offers a cogent explanation as how electronic commerce increases the rate of profit and the capital in an economy based on electronic commerce. The third chapter is Risk and Investment in the Global Telecommunications Industry written by Irene Henriques and Perry Sadorsky. Access to affordable technology to improve the flow of information is essential to the development of an economy. Closing the Digital Divide could bring many benefits to developing countries. In many ways, developing countries have the most to gain from improvements in telecommunications and information technology. Bringing the benefits of IT to developing countries is possible, but the governments of these countries need to be aware that the process is going to cost money and require institutional changes. International investors will frequently calculate the cost of equity for their existing investments and their proposed investments. Development planners must be able to make their own cost-of-equity calculations so that they can see first hand how their investment projects compare with other investment projects around the globe. Consequently, it is necessary to have good measures of equity risk for managers, planners, policy makers and investors. The cost of equity is important in valuing new investment opportunities and in evaluating the ongoing performance of established business projects. This is especially true in the new economy IT industry where an understanding of equity risk aids in the examination of the relationship between the IT sector and economic development. In this chapter, quantitative modeling and simulation techniques are used to estimate various risk measures and the associated cost of equity for the global telecommunications industry. The approach is to calculate several different cost-of-equity values and then use simulation techniques to build up a probability distribution for each company’s cost of equity. In this way, a clearer picture of where a company’s cost of equity lies is developed. Estimates of the cost of equity for a particular company vary widely and depend upon the methodology used. For a particular company, cost-of-equity values based on systematic risk tend to be lower than cost-of-equity values calculated from downside risk measures. For some companies, downside cost-of-equity values are twice as large as cost-of-equity measures based on systematic risk. This is true, even though all of the cost-of-equity values use the same risk-free rate and same risk premium. One of the insights that emerges from this study is the fact that the average cost of equity for telecommunications companies in developing countries is not always greater than the average cost of equity for telecommunications companies in developed countries. This is borne out by the high cost-of-equity calculations for companies like Cable Wireless, France Telecom and Nextel. In general, it is difficult to find evidence of regional differences in the average cost of equity of telecommunications companies. This is useful to a development planner who can then use a portfolio approach in which high-risk investments are combined with low-risk investments to promote an investment in a developing country’s telecommunications industry. Closing the Digital Divide could bring many benefits to developing countries but international investors and development planners must be able to make their own cost-of-equity calculations so that they can see first hand how their investment projects compare with other investment projects around the globe. xii The fourth chapter is Reduction of Transaction Costs by Using Electronic Commerce in Financial Services: An Institutional and Empirical Approach by Thomas Pfahler and Kai M. Grebe. The authors face the subject of analyzing the impact of the increasing utilization of information and communication technology (ICT) and electronic commerce on the coordination of specific transactions in financial services. Bank transfers and stock purchases, as two relevant business processes commonly occurring in the contractual relationship between a financial institution and its customers, will be considered in detail. For that purpose, the conceptual framework for the target analysis has to be developed at first. This requires the definition of the most important terms and the explication of major ideas. The basic principals of the New Institutional Economics and the instruments developed in the context of the Transaction Cost Approach specifically serve as a theoretical background for the study and all further argumentation. Subsequently, the chapter develops and implements a proposal how to exemplify and to compare the above-mentioned processes under the varying influence of certain technologies. This new approach will be specified and the proceeding will be elucidated in detail. The authors refrain from attempting to quantify transaction costs in an absolute way and concentrate deliberately on comparative considerations. Transactions will be decomposed and classified into different phases according to their devolution over the period under observation. The intention is to reveal the basic phenomenon and to document the reasons of the current utilization of ICT in this sector by emphasizing relative reductions of transaction costs through the use of electronic commerce. After the development of the approach to quantify reductions of transaction costs, the model will be applied exemplarily on the two selected transactions. In detail, the model takes into account seven different phases of a transaction and seven different modes of coordination. The empirical section of the chapter concentrates on existing technological infrastructures, growth rates, and diffusions rates of certain information and communication technologies. Available data will be analyzed, particularly for Germany. Moreover, certain indicators are introduced to qualify in detail present developments and impacts of ICT. In the final stage the attained results and consequences of the outlined developments are eventually systematized and summarized. The authors criticize and comment on crucial points concerning the elaborated approach, its significance and limitations as well as its explanatory power. Last, but not least, an attempt is be made to relate the diffusion rates of the investigated technologies in the empirical section to the insights on reductions of transaction costs derived from the theoretical cost model. This will lead to a four-quadrant scheme to illustrate and classify present and future impacts of electronic commerce on financial services. On the basis of this visualization the chapter concludes with deducing a couple of final predictions and with giving a future perspective. The fifth chapter is The Spreading Use of Digital Cash and Its Problems, which is written by Yutaka Kurihara. xiii It has been several years since the words â€Å"digital cash† and other related terms were introduced into the modern lexicon. Needless to say, the progress made in communication and information technology (IT) has been rapid, and change in the area of digital cash is no exception. The volume of such transactions is rising, yet analysis of this revolution in payment is limited, particularly in the academic fields. Although e-commerce has been growing rapidly and attracting much attention, digital cash has not been a focus of such attention. Digital cash has some problems associated with it that need to be solved before its use can continue to grow, and the rate of growth is slowing at present. The logic behind replacing cash, checks and magnetic credit cards with digital cash is bound to prevail in the end, but there are many barriers that need to be overcome. The author proposes that material cost reduction and service price are cutting resultant factors of the demand for electronic wallet transactions and the means by which digital cash can spread, the technology of IC (integrated circuit) card reformation can be developed, and price cutting on the supply side can occur. The popularity of the personal computer and the Internet has also skyrocketed in recent years. A general price decline for computer and communication tools has been ongoing as well, helping to promote online-type transactions at the supply side. Moreover, it seems that the spread of mobile telecommunications has contributed to the development of digital cash. In the near future, interactive television will be used to make transactions. IT (information technology) has undergone a global revolution in many fields. Ubiquitous instruments in IT fields have appeared recently allowing for digital cash to develop much further. There are two points that will be emphasized in this chapter. The first point is that given the essential characteristics of electronic money, its advantages and disadvantages should be carefully examined. It is quite certain that digital cash will be promoted. It also seems that IT progress is unstoppable, and fortunately IT can make our world a more convenient and efficient place in which to live. Nevertheless, there are a number of concurrent challenges with this change. None of these challenges are apt to be resolved swiftly or painlessly. The second point is this: since financial institutions cannot stop this trend, it would be prudent for them to view it as a business opportunity. If they do not find ways to adapt, they will become obsolete and completely fade away from the market. By promoting efinance, a company can gain market share and negotiating power over suppliers, as well as earn a profit. Monetary authorities worldwide should pay careful heed to the trend as well, guiding the â€Å"sound† market to maturity, taking care not to confuse exercising leverage with excessive intervention. The sixth chapter is Electronic Signature: The Core Legislation Category in Digital Economy authored by Fjodor Ruzic. E-business, as well as all of the active participants in the digital economy environment, raises a host of new legal issues that must cope with the fact that the technical expectations imposed by participation in the digital economy will increase. Three basic segments of the digital economy are converging, and each of them consists of one core category: xiv Infrastructure: telecommunications infrastructure (the members of the society must communicate) Services: the content (the goal of communications is to transfer the content) Legislation: electronic signature (the goal is to compile rules of intercommunication processes in which the electronic content is interchanged) Businesses that offer services and have taken to the Internet seriously have a responsibility to their customers to offer services in a secure manner. Security is a fundamental requirement for e-business applications using signature-based forms. Lack of trust is a significant problem for any e-business - the parties evolved in the e-business processes must feel trust in the people and companies that are doing business. In many traditional business relationships, trust is based on a combination of judgement or opinion based on face-to-face meetings, or recommendations of colleagues, friends and business partners. However, the e-business environment generally does not involve human interaction and, therefore, this new context requires a new understanding of trust. Several techniques help in establishing online e-trust: Electronic authentication Electronic signature Escrow payment services (online) Public Key Infrastructure (PKI) With the advent of electronic signatures, e-business is changing the way we sign and store documents. Thus, any business that wants to succeed in the digital economy must deal with electronic signatures. It is considered an everyday activity whenever a law or other arrangement requires a signature of person. Signature is needed as a medium for authentication in order to identify the person (the signer), to indicate the person’s approval of the information communicated and, to be legally applicable. Most of the national laws currently in force provide that a signature, contract, or other record relating to such transaction may not be denied legal effect, validity, or enforceability solely because it is in electronic form. Like a handwritten signature, an electronic signature can be used to identify and authenticate the originator of the information and, it can also be used to verify that information has not been altered after it is signed. Electronic signatures play a key role in enabling electronic business by helping ensure that electronic documents are unaltered and have not been forged. Considering the functionality and applicability of such issues, this chapter finds one key category that links all of the separate e-business legal issues in one regulated scene - the answer is done by introducing electronic signature as equivalence with handwritten signature no matter what type of information technology is in use. There are more legal environments, solutions and applications of an electronic signature from which several examples are described accompanied with the e-business view on electronic signature utilization. xv The seventh chapter is Impacts of the Digital Economy: The Shift to Consumer-Driven Competition and Life-Span Products authored by Simon Mowatt. This chapter examines changes in innovation and competition made possible in two traditional industries by the adoption of integrated information and communication technologies. The two industry cases used are drawn from the consumer magazine segment of the printing industry and the grocery multiple (supermarket) segment of the retail industry. Both of these industries have benefited from changes in communication within the industry value system made possible by the adoption of digital information management and communication systems. The primary research in these industries was undertaken by an empirical program of qualitative, interview-based research focused on innovation networks. The informants were involved in production, distribution and retail, and identified by prior secondary research. The research also employed a census questionnaire survey of consumer magazine publishing firms. The survey response was checked for representiveness against a random sample of the industry population and found to be robust. The chapter highlights the importance of consumer-drive innovation in consumer-facing markets. The industries examined had previously been conditioned by the economics of manufacturing. The development of complex innovation networks to supply consumer needs is examined and the innovation process is explored in detail. For the process of consumer-driven innovation, the importance of linkages to end-consumer and market experts is acknowledged- something is enhanced by the use of digital technologies. The chapter acknowledges that the development of the innovation systems described was the result of firms reacting to consumer needs. But in addition to this, the chapter offers the concept of â€Å"life-span† goods as those developed from the outset as having a short life dependent on changing consumer tastes and fashions. Life-span goods are emerging as firms continue to explore the possibilities of proactively using innovation systems to forge links with consumers. Within this environment firms have been recently acting more as project orchestrators: using their skills in developing innovation teams based on the deep knowledge of consumer activities to identify and supply new market segments. Production in the innovation systems identified is undertaken across firms and coordinated by shifting and temporary alliances. This presents a challenge to economic analysis and to the theories of the firm grounded in a transaction-cost framework. Networkbased and sociologically grounded theories of the firm have previously attempted to resolve the inadequacies of contemporary economic theory by emphasizing the importance of social ties and long-term embedded relationships. However, the examples explored in this chapter highlight the role of new technology in short-term non-embedded relationships as well. The project-based firm is identified as having features that are problematic for economic analysis. Despite this the chapter suggests that changes in competitive pressures towards consumer-facing competition may increase the prevalence of project-based firms with industrial economies. Finally, the chapter concludes by exploring some avenues for future research that offer new pathways for future theoretical understanding of project-based and network organizations. The eighth chapter is Digital Products on the Web: Pricing Issues and Revenue Models written by well read Gary P. Schneider. xvi Products that exist in digital form can be bought, sold, and in some cases delivered, online. Some products exist only in digital form, such as software and certain types of information databases. Many more types of products exist in physical form, but can be digitized. These products include many forms of intellectual property such as text, pictures, photographs, architectural drawings, choreography notes, sound recordings, and video recordings. In some cases, digital products arise from the transmission of other digital products, as in the case of telephone and fax transmissions. The pricing issues that arise in the sale of these products are different from those that sellers face when pricing physical goods. These pricing issues lead to interesting opportunities for devising revenue models. These pricing and distribution issues affect the nature, quantity, and quality of competition in markets for these products. Some digital products are made available at no charge. Thus, an alternative revenue stream that is somehow related to the product must be devised. Some digital products are bundled with other products (digital or physical) to avoid some of the problems inherent in the pricing of digital products alone. Another pricing strategy is to create an artificial distinction within a subset of digital products and use differential pricing to extract the highest revenue possible from each set of customers for the product. Perhaps the most common pricing method is to use a licensing approach of one kind or another. Many digital products are, in their essence, things that are experienced by customers. They often have no meaningful physical existence separate from their experience. Providers of digital products must maintain a current knowledge of underlying technologies that are used or could be used in the future for delivery of their products. The ability of customers to adapt and reformat digital products is also an essential characteristic of digital products, a characteristic that can be affected by changes in technologies as well. The success of revenue models for companies that sell digital products depend on the nature of the product, the characteristics of the buyers, and the traditional practices in the industry. For most digital products, the effect of pricing and distribution strategy does not derive so much from the introduction of the Internet into the marketing channel as from the products’ very nature as digital products. This chapter examines the nature of digital products, their pricing issues, and the efficacy of various revenue models that have been implemented by companies that deal in digital products. The ninth chapter is On Software Piracy by Sougata Poddar.

Supervisory Skills Research Paper Example | Topics and Well Written Essays - 750 words

Supervisory Skills - Research Paper Example The leader will act as a mentor, coach and teacher to gain support for meeting productive outcomes and performance targets. â€Å"Authentic relationships evolve over time† (Starnes, Truhon & McCarthy, 2010, p.5). Motivational problems can be overcome through more visible interaction in the management environment and by allowing decentralized decision-making to occur where solutions are provided horizontally rather than top-down. This will improve a sense of social belonging and remove layers of power distance that can de-motivate and also improve the self-esteem that leads to better enthusiasm in job role function. The long-term plan hinges on success in using transformational leadership design to gain commitment and improve motivation. Once establishing the foundation of a positive corporate culture built on knowledge-sharing and team function, as well as emphasis on human resources development, the Quality Control department will undergo sweeping changes related to total quality management. Each director will utilize a balanced scorecard to measure individual performance and the performance of production as well as research and development, which will be reported to the VP. The total quality management approach will consist of the Delphi Method, a qualitative forecasting tool involving multiple stakeholders in which solutions are brainstormed recurrently until new processes or systems needed for improvement are identified (Rowe & Wright, 1999). The Delphi Method will improve relationship development among colleagues, improve knowledge transfer, and open the doors for innovation by providing multitudes of solutions to improve quality and performance in each director’s division. This will further emphasize cultural development and improve competitive advantage in human capital among competing firms in this industry. Reorganization is required only in the factory line, which must be

Comparing Karl Marxes view on capitalisum to Michael Moores view in Essay

Comparing Karl Marxes view on capitalisum to Michael Moores view in his movie Roger and Me - Essay Example The GM has played a major role to the people living in the area and surrounding economically, spiritually and even culturally. Due to this influence when the board of directors decides to close its factories in Flint people are left in despair. The company’s closure translates to a total of 30,000 losses of jobs. The workers are left frustrated especially because the company doesn’t close due to financial difficulties but rather because of a bigger deal in Mexico. GM decides to close shop in the USA and open in Mexico because it will cut on labor costs which are reasonably cheap. The board is not hesitant in their decision considering the many workers who will lose their jobs in the process; this brings out imperialism of the highest order in our society today. In a society which is highly capitalized the board of GM is only concerned with making more profits without considering the plight of its employees who in one way or another have contributed to the success of the company for a long time. The sad contrast is while the CEO of GM made $2million in this new deal 30,000 employees are left jobless and their lives destroyed by a company whose interest is greed. The union of the employees doesn’t help either because it has a common interest with the management of GM. The closure of the factories in Flint leads to an up rise in many negative processes: a lot of people leave town in search of new jobs, the living conditions of the people worsen due to lack of employment, spread of illness due to high poverty levels in the town. In the film people are evicted because they cannot be able to pay their rents anymore. The crime rate also goes up because everybody is fighting for the available constrained basic needs like clothing and food. In his film Moore remarks that the number of prisoners goes up than the prison cell. The economy of Flint hits its down low and it’s declared as the capital of unemployment, the media observes that it†™s the worst place anyone can live in the United States. Companies like GM should look at the effects of their actions in favor of capitalism. Growth is a definite goal for any company in the world today but that should be in line with economic growth of all aspects because no company operates in a vacuum there are factors to be considered like the employees. Capitalism can be defined as a system which is prone to crisis. It’s influenced by factors which make it unstable and destructive. Today’s society is depicted by unstable stock markets, rampant layoff and unemployment, scandals in companies and power failures. For instance US are faced with the highest job loss in history. All this recessions and unstable markets are caused by capitalism. According to Marx and Engels in the communist manifesto, historically class was a struggle, â€Å"a fight that each time ended, either in revolutionary reconstitution of society at large or in the common ruin of the contending classes† (Marx and Engel). This led to poverty and inequality. This raises a need for socialism which could not only end inequality and poverty but also reduce economic and social problems associated with a system which is capitalistic. In Marx’s view capitalism is an act of corporations taking a surplus labor from its workers. In the communist manifesto he observes that the bourgeoisie who were capitalists exploited the proletariat

Oscar Wilde’s The Importance of Being Earnest Essay Example for Free

Oscar Wilde’s The Importance of Being Earnest Essay 1. What does the play say about marriage? The play says many things about marriage.   One is that marriage can be quite complicated when there is deceit even if the feelings involved are genuine.   Another is that there are so many trivial things that society considers â€Å"important† that disregards the true meaning of marriage.   Another is that parental consent and money still play an important role in matrimony. 2. What is the significance of the names? The word Earnest means sincere. However, the play showed how that sincerity is downplayed by the many trivial things that society expects from individuals.    Ms. Prism’s name is also significant because it was her character that finally shed light on the true background of Jack – who later became truly Earnest. 3. Suggest some of the things that Wilde is poking fun at in this play. Wilde made fun of the way women can be so assuming of relationships as can be seen with Cecily’s account of how she and Algy became engaged and how Gwendolyn fled from her mother to go to Jack.   The author also made fun of the way society can be deceived by many aspects of a person beside his true self (e.g. names and money).   This was especially evident in the way the name Earnest became so important that Algy and Jack had wanted to be re-baptized with it. Marriage was also funny because it gave too much importance on money and family background before it considers the true person. 4. What is your favorite character and why? I loved the character of Ms. Prism because at first she seemed to be only a minor character but in the end, the story actually centered on her misgivings.

Symbolism in The Great Gatsby Essay -- Classic American Literature

The Great Gatsby is one of the most renowned books known to mankind. A story about a man’s quest to fit into a society built for the rich whilst wooing a childhood crush may seem extremely simple and straightforward, however, the mystery is not behind the plot, but rather, it is in the writing itself. The words F. Scott Fitzgerald used were chosen with such delicacy, one cannot even hope to assume that anything was a mere coincidence. The book is laced with intricate strands of symbolism bound together by a single plot. One of F. Scott Fitzgerald’s more major themes is the use of locations. The importance of location as symbols are further expressed through the green light at the end of the dock as well as the fresh, green breast of the new world. The green light at the end of the dock has symbolized a hope that Gatsby had. The green light was a light at the end of Daisy’s dock. In the beginning of the book, Gatsby was shown staring at the light with a longing expression. It shows that the green light is a symbol of Gatsby’s hope that Daisy is still available. The green li...

Hrm Overnight Tour 2011

PROJECT PROPOSAL I. PROJECT TITLE:â€Å"HRM Overnight Tour 2011† II. PROJECT PROPONENT:BSHRM 4-1 III. PROJECT RATIONALE: The HRM Educational Tour 2011 is open to all HRM and non-HRM students of Sumulong College of Arts and Sciences. It is an experience which will afford students the opportunity to be familiarized with hotel operations, attend seminars, appreciate nature’s beauty and build friendship amongst each other. By attending this tour, student will be able to better understand what’s behind their chosen career/course and experience learning outside the four corners of the room. IV. PROJECT OBJECTIVES: Short-Term Objectives . To introduce the HRM students in learning outside the four corners of the room. 2. To introduce students to the different divisions of the hotel involving administrative and operation functions. 3. To assist students in determining their areas of interest with the wide array of career choices when working for the hotel or the hospitali ty industry in general. 4. To give the students the opportunity to attend seminars and experience hands-on activity. 5. To give the students a chance to appreciate nature’s beauty. 6. To let the students have fun, bond and at the same time build friendship among each other. Long-Term Objectives 1. To help market the school internally and externally. a) Internally – the said educational tour can help market the school, especially to HRM student, because it will leave a lasting impression into the students mind. It will definitely leave an impression that our school doesn’t only offer quality education but also give the students the opportunity to experience learning outside the four corners of the room. b) Externally – because of the lasting impression left into the existing students’ minds, by words of mouth, the students themselves will serve as effective marketing tool. . To contribute to the school’s vision of producing graduates who can compete in industrial and technological skills. V. PROJECT DESCRIPTION: The HRM Educational Tour 2011 is a two-day experience that provides a program consisting of hotel familiarization tour, introduction of the divisions of a hotel, seminar facilitated by departmental trainers of t he hotel, trainings, actual demos, student participation, overnight accommodation at a hotel, environmental appreciation and lastly, recreation. The first stop of the tour is Subic International Hotel where the students will be familiarized with the hotel and trained in the administrative and operational function of the hotel. The training will be facilitated by Departmental Trainers of the hotel who are certified by the Subic International Hotel’s Human Resources Department ensuring that quality training is delivered. The training will include powerpoint presentations, actual demos and student participation. At the end of the training, students will be toured at the back and front areas of the hotel. All the participants will also experience having all their meal, from breakfast to dinner, at the hotel and are free to use the hotel’s swimming pool, mini gym and sauna. The next day, second stop will be at the Subic Ocean Adventure where participant are entitled to a â€Å"Mariners’ Package† where they could enjoy a guided park tour, watch the Dolphin and Sea Lion’s show, visit the Ocean Discovery Aquarium, photo opportunity with the SBMA mascot and lastly, entrance to the Adventure Beach for lunch and a refreshing afternoon swim. After the two days of skill and knowledge enhancing programs, warm accommodating, good food, nature appreciation and recreation at its best, students will definitely say that studying at Sumulong College of Arts and Sciences is the best. VI. PROJECT DURATION: October 1 to October 2, 2011 HRM Overnight Tour 2011 General Schedule of Activities: October 1, 2011 DAY 1 TimeActivity 5:00 – 6:00AM:Registration and Boarding 6:00 – 10:00AM:Trip to Subic International Hotel 10:00 – 10:00 PM:Hotel Tour Training/ Seminar Lunch Accommodation Swimming/Gym/Sauna Dinner 10:00 PM OnwardsSleeping time October 2, 2011 DAY 2 TimeActivity 6:00 – 7:00 AM:Breakfast at Subic International Hotel 7:00 – 8:00 AM:Hotel Check-out 8:00 – 8:30 AM:Trip to Subic Ocean Adventure Theme Park 8:30 – 12:00 NN:Guided park tour and D&SL Show 12:00 – 1:30 PM:Lunch at Adventure Beach 1:30 – 4:30 PM:Enjoyment of the Beach 4:30 – 7:30 PM:Trip back to Antipolo (SCAS) (end of tour) VII. TARGET BENEFICIARIES Target beneficiaries of HRM Educational Tour 2011 includes: HRM students, interested students from other programs and HRM faculty members. We are also inviting old HRM students and even SCAS graduates to join the said tour. We are expecting, at least, fifty (50) participants excluding the *faculty members and non-HRM students/ **outsider/ graduates. *HRM faculty members’ are subject to a twenty percent (20%) discount if the expected numbers of participants are not met. *HRM faculty members’ are free of all charges if the expected numbers of participants are met. **Companion or invited company by students are considered outsider. VIII. PROPOSED BUDGET (for 50 participants) Expenses BudgetPer person charge Transportation P 25,000. 00P 500. 00 / pax Insurance Toll and Parking Subic International Hotel P 127,000. 00P 2,540. 00 / pax Hotel tour Seminars/Training Accommodation Meals (4) -Lunch -Dinner -Breakfast -Lunch Ocean Adventure *Other expenses P 5,000. 00P 100. 00 / pax Tarpaulins Waiver forms Contract signing Paperwork SCAS Certificate *Contingency Fund P 23,000. 00P 460. 00 / pax TOTAL = **P 180,000. 00 **P 3,600. 00 / pax **all income and expenses are subject for auditing. all the excess of the fund will be divided into two (2), half will go to the HRM Society fund while the other half will proceed to the treasury of SCAS or as instructed by the SCAS Accounting Department. IX. MONITORING AND EVALUATION The HRM Educational Tour 2011 will be supervised by the officers of the BSHRM 4-1 Events Committee especially the HRM Department Head, HRM Faculty Members, Event Chairman, Events Finance Officer, Events Marketing Officer and Events Program & Logisti cs Officer. They will make sure that the flow of the activity/program will be safe and properly executed. They will also observe the participation of all the participants in the said tour/event. Also, all the participants and their parent/guardian are required to sign a waiver form declaring that the academe and its management will not be held liable for any untoward incident while the participant is engaged in the said tour. Nonikko Dizon Mendoza President, SCAS HRM Society Chairman, Events Committee CC: President Executive Vice President Dean for Academic Affairs Office of Student Affairs Department Head, HRM Accounting Department

Civil Rights Movement - Free Essay Example

Sample details Pages: 5 Words: 1382 Downloads: 10 Date added: 2018/12/26 Category Society Essay Type Research paper Level High school Tags: Civil Rights Movement Essay Organization Essay Did you like this example? The Southern Christian Leadership Conference was a civil rights organization that consisted of mainly African-Americans and was closely connected to its founder, Martin Luther King Junior. This organization played a very significant role in the American civil rights by enforcing peaceful direct action to stop the legal and social discernment against the black Americans. The organization through the support of their very powerful leader Luther King Junior organized and funded a lot of demonstrations in the 1950s and 1960s. Don’t waste time! Our writers will create an original "Civil Rights Movement" essay for you Create order Although the organization lost its impact after the assassination of the King in 1968, the SCLC did not stop its operations but continued working to better the lives of African Americans. The SCLC arose back in 1955 after black Americans in Montgomery, Alabama successfully boycotted bus services which led to the United States Supreme Court upholding the integration of those buses (Fairclough, Adam (85). An African American social activist Bayard Rustin who desired to carry the Montgomery win to the South prodded Martin Luther and his team to form the Southern Negro Leaders Conference in 1957 during a meeting in Atlanta. Since the King had gained popularity as a leader of Montgomery Improvement Association, he was given the role to lead this organization as well which was the precursor of the SCLC. The SCLC looked forward to carrying out Gandhi an, peaceful direct action protest matches all over the South hoping that they will bring to the end racial discrimination, voting right be granted to the blacks among other advantages. They also wanted to transfer the civil rights proceedings from the court chambers to the society wishing to talk directly to the white Americans to end the racism and bring about social changes. The first action before the protest was to lead a prayer journey to Washington, D.C in 1957 that attracted more than 25 thousand people. In 1959, it planned a protest march to the Washington D.C that was attended by an approximated fifty thousand youths. Though SCLC was having very successful protests but it was in a weak position due to the poor organization during its first years. It had challenges trying to achieve its objectives, especially in voter registration. Its success began to show later in the 1960s after they hired leaders like Andrew J. Young and Bishop Wyatt T. Walker. The organization continued to recruit more members of staff and they had improved from five to sixty-five staff members between 1960 and 1964, and the union influence on the civil rights movement reached its peak. The SCLCs advancements gave it the chance to organize historic demonstrations that played an essential duty in the public rights movement. The organization in 1963 led demonstrations and boycotts in Birmingham, Alabama, that aimed at ending the police brutality. During the protests, those watching televisions in the United States were shocked to witness how the police brutally engaged very peaceful protestors which led to many questions among States residents. SCLC was able to win the peoples sympathy nationwide which motivated them to carry out another civil right demonstration in Selma in 1965 where the police still directed violence to the non-violent protestors; this attracted a very violent demonstration response from the whites. These demonstrations are widely accredited with quickening the signing of the 1964 civil rights act, the voting rights act in 1965 as well as laws that finally allowed the black Americans freedoms they had been wishing for. In the mid-1960s, SCLC members and other African Americans started to doubt whether the ongoing peaceful direct action would ever bring about the required changes in their society. Some major civil rights organizations like the student nonviolent organizing committee and the assembly of racial equality went ahead and publicly announced that SCLC will no longer hold nonviolent protests. They cried against the poverty and the racial discrimination the African Americans were going through in the northern cities, they claimed that whatever the SCLC was doing did not help in the urban ghetto. Luther King and his members of staff were very thoughtful of such condemnation; they immediately diverted their attention to the northern regions and by 1967, they had launched several new organizations there. These Civil rights movements included the Chicago Freedom Movement, Poor Peoples Campaign and the Operation Bread-basket. These movements were led by young leaders like theology student leader called Jesse Jackson. SCLC was interested in addressing the poverty that was affecting the black Americans in the inner city ghettoes. They were worried that African Americans violence in the inner cities was losing control and they accused poverty as the root cause. Most of the residents had turned into crime as a way of meeting their basic wants since blacks were not allowed in the white companies. SCLC thought by creating jobs they would solve the problems and improve their lives as well. It was lack of jobs and poverty in ghettoes that forced many blacks to join radical movements whose main objective were to get rid of the government leaders while the SCLC acted as the main support. The assassination of the King in 1968 was a major blow to the organization because he was the SCLC. Southern Christian Leadership Conference civil right movement under the leadership of Martin Luther King Junior has a lot of everlasting importance to the African Americans and the United States as well. The big March to the Washington where King gave his ?I have a dreamspeech was a very significant occasion as it put pressure on the government to change some laws. In his speech, he expressed his desires that racial discrimination would end in the nation making it free for the Blacks to mix freely with Whites and both have equal rights too (Garrow, D. J (45-51). He wanted a country where children were not judged by the color of their skin but the content of their character. After the assassination of President Kennedy, Johnson took over the leadership and passed the civil rights bill. During this time the King was still the president of SCLC so it was a victory enjoyed by the whole movement not him alone. Up to date, African Americans enjoy same rights as the whites without any viol ence or discrimination. Back in 1962, SCLC diverted its focus from just fighting racism to campaigning against the issues of economic inequality. The organization believed that poverty was the main cause of social discrimination and they created the Operation Breadbasket that was based in Atlanta to create employment to the African American (Chong, Dennis (90). This program began to spread to other areas like Chicago in 1996 which made it gain popularity. After one year, another program called the poor peoples campaign was created mainly to bring many poor people together so they can march to Washington and ask for federal legislation that would provide income, jobs as well as houses for the discriminated people of all ethnicities. After the King was assassinated, the new president Ralph Abernathy led a group of people who camped for 11 days outside Washington D.C. all these were attained after the civil rights were passed by President Johnson who took over after the death of Kennedy. Another accomplishment by the SCLC was after the pressured they issued to the government until the Black were allowed to take part in the voting exercise. They held a campaign called the crusade for citizenship that was sparked by civil rights bill pending in the Congress. The campaign main goal was to register many marginalized voters before the 1960 the voting year; they also took the chance to educate potential voters. SCLC was still joined by other civil rights movements in their campaigns in the south, most particularly in Georgia, Selma, Florida, and Albany. The conspicuousness of SCLC fight for rights led to the passage of the voting rights act in the year 1965. Its president Martin Luther King made America a proud nation with his leadership skills and sacrificing so much for the people. He created the American dream which everybody wishes to achieve and there is even a national holiday named after him. Work cited Fairclough, Adam. The Southern Christian Leadership Conference and the Second Reconstruction, 1957-1973. South (The) Atlantic Quarterly Durham, NC 80.2 (1981): 117-194 Garrow, D. J. (2015). Bearing the cross: Martin Luther King, Jr., and the Southern Christian leadership conference. Open Road Media. Chong, Dennis. Collective action and the civil rights movement. University of Chicago Press, 2014.