Annual Sports Day Essay

The 16th Dec is the founation day of my school and besides other annual co-curricular events like the magic show, fun fair, annual sports day is the event that students wait for anxiously . This event develops competitiveness, sports man spirit and team work among the students. They are full of joy on this day. As usual an interesting programme was chalked out for the day and printed copies were distributed to the students. The parents were also invited alongwith other digniteries and the chief guest. All the participants of different events were short listed and encouraged to get practice before the event. The physical training instructor was the incharge of the whole show and a full dress rehearsal was carried out a day before to give the final touches to the preparations. A DJ was specially hired to add some musical flavour to the event. An ex-student of the school hosted the event and added excitement to the occasion by her fluent, graceful and spontaneous commentary of the proceedings. The show began exactly at 10 AM after the chief guest has arrived at he stage with big round of applause. Parents had already seated in a separate pavillion and looked excited to see their children partcipating in the sports. At the beginning a boy of 9th class recited few verses of the Holy Quraan which was folowed by Naat to pay homage to the Holy Prophet (PBUH). First of all the atheletes, taking part in diferent events staged a march-past and assembled in front of the main pavillion. A student of 9th class stepped forward and requested the chief guest to formally declare the sports day open with a loud beat of drum and music. To start with, different races were staged among students of junior sectionwhich included the banana race, cycle race, baloon race, and back-ball race. It was great fun watching little kids making funny moves. A wonderful display of physical exercise was exhibited by all the students of school. A photographer was busy in capturing the events. Then it was the  turn of lthe senior section to show their talent in the races like the spoon race, sack race, the three-legged race, the dress-up race, 100 meter race and the 4X100 meter relay race. The famous tug of war won by the 9th class boys who displayed their sheer power and team work to win the contest. Students, teachers and parents shouted and cheered to encourage participants while the DJ added more drama with his musical flashes. The host kept the audience interested and informed by her articulate and fluent commentary. After races children, clad in the karate uniforms, came running in with their hands of their hips to exhibit their skills i the martial arts and self defence. It was followed by a brave display of smashing tiles with their fists and foreheads. Our PTI himself performed a dangerous stunt by breaking a stack of burning tiles with his hand on fire. Every one was dumb founded to see this and gave him a big applause. The girls of senior section performed aerobic exercise with musical rhythm in a graceful style. After that, a boy from 10th class sang a popular song of the famous Junoon band while a grils also sang a sufi folk song and got cheered and applauded by all the audiences. Pre-nursary kids presented and fancy dress show and exhibited as a king & queen, an angel, a soldier, a supreman and few more characters which looked so innocent and cute. At the end the host requested the chief guest to give away prizes to the winners of the different events. To conclude the show the chief guest delivered a brief speech which was followed by ex-principals address who shared her views and experiences and also announced donation for the teaching staff. In the closing speech, the principal thanked all the guests and parents for their valued presence and lauded the students spirit of competition and participation specially to the students who volunteered alongwith teachers in making the whole event a great success.

Legalizing Marijuana Marc Dalcin

Legalizing Marijuana Marc Dalcin Dr. Marie Carroll Ashford Intro To Ethics And Social Responsibility 08/10/12 Marijuana has been at the center of a heated debate regarding its legalization. It has received both criticism and praise in equal measure. Critics refer to marijuana as a â€Å"devil weed† while supporters have often referred it to a â€Å"miracle drug. † Despite the different references to marijuana, there has been a prolonged debate on whether it should be legalized for personal use or not.There are two approaches to the use of marijuana with one involving medicinal purposes while the other involves purposes of pleasure. Medical health is an important aspect of human life and the legalization of marijuana for medicinal purposes has the importance of improving human health. In the case of using marijuana for pleasure, there is the issue of abuse of drugs, which often results in lawlessness among users. Legalizing marijuana presents an ethical dilemma in the se nse that it is difficult to ascertain the intentions of the users hence the drug may end up being used for the wrong reasons (Burnham, 2011).This paper provides a comprehensive analysis of the ethical dilemma arising from the debate on legalizing marijuana and presents the use of deontological reasoning theory in solving the dilemma. The paper also includes a comparison between deontological reasoning and relativism with the eventual identification of the theory that best relates to the personal opinion with regards to the debate on legalizing marijuana. The question of legalizing marijuana Should the use personal use of marijuana be legalized? There are numerous uses associated with marijuana.AIDS and cancer patients find marijuana useful as a drug that restores appetite and fights nausea. Marijuana also has nutritional value because its seeds contain vitamins and can be used in preparing cooking oil (Rosenthal, Kubby & Newhart, 2003). Research studies also indicate that the mariju ana can be used in the manufacturing of clothes. The plant has been used in the manufacturing of paper and clothing material for a very long time and is considered produce higher amount of fibre compared to trees. Environmentalists have found the marijuana plant important in addressing the problem of deforestation and soil erosion.Marijuana is beneficial in the restoration of lost soil nutrients. To law enforcement agencies, marijuana is considered to play a major role in increasing the number of crime rates. A significant number of incarcerated criminals have at least used marijuana prior to their arrest. The above analysis on the use of marijuana and its impact clearly points out to the fact that one group will support the legalization of marijuana while the other will oppose such a move. However, the debate can be solved using two theories of deontological reasoning and relativism.Deontological Reasoning The theory of deontological reasoning proposes that actions are either corre ct or wrong in themselves without taking into account their consequences. The theory of deontological reasoning can be best explained with the use of an example of a murder case. In such a situation, a deontologist considers the act of murder as wrong based on the fact that it involves taking the life of another person. It is assumed that humans have the duty of preserving life hence one should never kill no matter the circumstances (Mizzoni, 2009).In a nutshell, this implies that the end does not justify the means. Generally, deontologists believe that human beings have the duty of upholding morality. People have the moral duty to do the right things and avoid doing things that are wrong. The consequences of an action are never considered in determining whether the action is right or wrong. An individual has to consider his or her moral duty in order to make moral decisions. In this case, the personal use of marijuana is considered right or wrong based on the moral duty of users ra ther than the consequence of the plant on its user.The theory of deontological reasoning is connected to three concepts including rights, duties and principles (Burnham, 2011). However, our discussion only focuses on duties in analyzing the debate on legalizing the personal use of marijuana. There is a brief discussion of the concept of rights with regards to the theory of deontological reasoning. If an individual has the right to life, other people have the duty of making sure that such a right is respected. This relates with the issue of legalizing the use of marijuana. From a doctor’s perspective, medical marijuana has medicinal value and can be used in preserving life through healing.In such a case, the government and law enforcement agencies have the duty of respecting the right to life by legalizing the use of marijuana in providing treatment (Gerber, 2004). Marijuana may also be used for a different purpose such as pleasure, which may eventually result in users going i nsane. In order to preserve the life of users, there is an urgent need to make it illegal for users to abuse marijuana. This is because it will reduce the number of cases related to drug abuse hence saving a significant number of the human population from getting insane or engaging in criminal activities.Insanity and criminal actions have may result in the loss of life. The theory of deontological behavior proposes two classes of duties. First, there are general duties, which are commonly identified as prohibitions. Examples of prohibitions include do not kill, do not steal, and assist the needy among other general duties. The second class of duties relate to duties arising from the fact that there exists specific social relationships. For instance, if an individual has made a promise, then he or she has the duty of keeping the promise.Additionally, if one is a parent, then he or she has the duty to provide for the children. In this case, legalizing the personal use of marijuana is considered under the class of general duties (Jebreal & Lukes, 2011). One argument is that marijuana should be prohibited because it involves abuse of substances. On the other hand, doctors with patients have the duty to provide them with treatment even if it involves the use of marijuana as a medicine. Aquinas notes that each person has duties related to personal actions. An individual has a duty to keep promises, but does not have the duty to ensure that promises are kept.According to the theory of deontology, people should be more concerned with fulfilling personal duties but never make attempts of bringing out the most good. This is because it may result in the violation of the concept of a duty. In this case, we only have the duty of meeting the needs of other people rather than maximize the good (Mizzoni, 2009). There are a number of actions that people may choose from but they are free to act as they please. Basically, this means that people have the option of using marijuana for whatever reasons regardless of its consequences. There are instances when duties conflict with each other.W. D. Ross notes that in such cases, one does not require rules in solving such a conflict. One is only required to use their judgment in arriving at a solution. However, there are cases whereby one lacks the criteria that can be used in making decisions (Mizzoni, 2009). Deontologists argue that identifying the intentions of actions can provide a solution. Ross argues that actions are determined to be wrong or right based on the intentions of the agent. Therefore, deontological reasoning justifies the legalization of marijuana on the basis that it is used to improve human health.The use of marijuana can only be considered illegal if users intend to harm others. Relativism According to the theory of relativism, an action is considered moral or immoral relative to the cultural norms of the agent. This means that an action is considered right or wrong based on the moral norms of the culture within which it is practiced. A particular action may be considered moral in one culture while immoral in another culture. Relativists are opposed to the use of universal moral standards in determining whether an action is right or wrong (Jebreal & Lukes, 2011).The United Kingdom may consider the use marijuana as morally wrong while Amsterdam considers it morally right. According to relativists, there is no standard framework to be used in resolving moral disputes such as the legalization of marijuana across different members of society. Relativism is different from deontological reasoning in the sense that upholds societal norms as the determining factor on moral issues. According to relativism, marijuana should be legalized or not based on what society considers being moral or immoral (Jebreal & Lukes, 2011).However, in the case of deontological reasoning, actions are considered to be right or wrong based on the moral duties of an individual. Whereas relativism plac es emphasis on society in solving ethical dilemmas, deontological reasoning places emphasis on the moral duty of an individual. In this case, a relativist may support the legalization of marijuana because it is commonly used among members of his or her society. The same person may oppose legalizing marijuana because it is uncommon to use marijuana or use of marijuana is considered immoral within his society.The theory of relativism raises a number of important issues related to legalizing marijuana. First, different societies have conflicting moral beliefs and that believes of people within a society are deeply determined by their culture. It is therefore important that we incorporate the relativism when arguing for or against legalizing marijuana. Second, the theory provides for the exploration of reasons that influence the differences in beliefs of different individuals. This ensures that we also challenge the beliefs we hold for or against the legalization of marijuana (Burnham, 2011). Marijuana should be legalizedMy personal opinion is that there should be the legalization of marijuana. After making comparisons between the theory of relativism and deontological reasoning, I have discovered that relativism contains views that are closer to my own views. The issue of legalizing or prohibiting marijuana should be determine on the basis of what society views to be right or wrong rather than the moral duties of an individual. The theory of deontological reasoning argues that individuals have the moral duty to do what is right and at the same time avoid what is wrong but such actions are never aimed at aximizing most good (Gerber, 2004). However, relativism argues that an action is morally good or bad based on the cultural norms of a society. In such a case, actions are either considered to be good or bad for the collective benefit of society. This means that marijuana should be legalized because it helps the society or it should be made illegal because it harms the society. There are two perspectives that can be used in supporting the use of marijuana. They include marijuana as a medicine and marijuana as an illicit drug. Medical MarijuanaSince 1972, medical marijuana has been considered an illegal substance in the United States and across a number of countries in the world. In the United States, the congress banned the use of medical marijuana on the basis that it was harmful to the health of consumers and even placed it in the first schedule of the Controlled Substances Act. Generally, the congress considered that the drug did not have any healthy gains for the human body. However, recent research studies on the effects of marijuana provided different results to the claims presented by the US congress.Theses research studies have led to the discovery that medical marijuana can be used as medicine and has the potential to heal a number of diseases (Burnham, 2011). Marijuana contains a chemical THC, which has been proven to be harmless to human body. The new discoveries provide enough reasons for the legalization of marijuana. Failure to legalize marijuana implies that a significant number of people will be denied access to proper medication. Marijuana as an illicit drug Illicit drug use is a major problem and many countries led by the US have found it very difficult to address the problem.Various governments have established a number of programs aimed at solving the problem including treatment and prevention programs, international narcotics control, and drug education programs (Rosenthal, Kubby & Newhart, 2003). Despite the efforts of government agencies to solve the problem of illicit drugs use, there is still an increase in the number of drug users. Research studies indicate that marijuana is the most commonly abused illicit drug. A perfect example is that in 1990, the US recorded approximately 6 million people using marijuana on a weekly basis or more.The increasing usage of marijuana as an illicit drug has bee n closely associated with crime rates all over the world. In 2002, the US reported that approximately 40 percent of jailed adults have at least tried using marijuana. This has the implication that the legalization of marijuana presents a big threat to law and order. Despite the fact that the use of marijuana has become a major problem, the war against its use has proven to be very costly compared to the benefits accrued from legalizing marijuana.For instance, the United States of America spends approximately 12 billion dollars in fighting the problem of marijuana. Legalizing the use of the same drug has the benefit of earning revenues for the government from taxation of marijuana. Instead of the government banning the use marijuana, it should legalize it but ensure that its cultivation, sale and purchase are regulated in order to control criminal activities associated with marijuana (Gerber, 2004). Legalizing marijuana is indeed an ethical dilemma given the fact that it can be used as medicine as well as an illicit drug.However, deontological reasoning proposes that an action is good or bad based on the moral duty of an individual rather than its consequence. The theory therefore proposes that the morality of legalizing the use of marijuana is a personal choice. On the contrary, the theory of relativism proposes that an action is morally ethical relative to the culture within such an action is practiced (Rosenthal, Kubby & Newhart, 2003). It is on the basis of the theory of relativism that I propose the legalization of the use of marijuana.The benefits of legalizing marijuana such as healing and economic value far outweigh the cost of prohibiting its use. References Burnham, A. (2011). Benefits of Legalizing Marijuana. New York: GRIN Verlag. Gerber, J. R. (2004). Legalizing Marijuana: Drug Policy Reform and Prohibition Politics. New York: Greenwood Publishing Group. Jebreal, R. & Lukes, S. (2011). Moral Relativism. New York: Profile Books. Mizzoni, J. (2009). Ethics: The Basics. New York: John Wiley & Sons. Rosenthal, E. , Kubby, S. & Newhart, S. (2003). Why Marijuana Should Be Legal. Chicago: Running Press. Legalizing Marijuana Marc Dalcin Legalizing Marijuana Marc Dalcin Dr. Marie Carroll Ashford Intro To Ethics And Social Responsibility 08/10/12 Marijuana has been at the center of a heated debate regarding its legalization. It has received both criticism and praise in equal measure. Critics refer to marijuana as a â€Å"devil weed† while supporters have often referred it to a â€Å"miracle drug. † Despite the different references to marijuana, there has been a prolonged debate on whether it should be legalized for personal use or not.There are two approaches to the use of marijuana with one involving medicinal purposes while the other involves purposes of pleasure. Medical health is an important aspect of human life and the legalization of marijuana for medicinal purposes has the importance of improving human health. In the case of using marijuana for pleasure, there is the issue of abuse of drugs, which often results in lawlessness among users. Legalizing marijuana presents an ethical dilemma in the se nse that it is difficult to ascertain the intentions of the users hence the drug may end up being used for the wrong reasons (Burnham, 2011).This paper provides a comprehensive analysis of the ethical dilemma arising from the debate on legalizing marijuana and presents the use of deontological reasoning theory in solving the dilemma. The paper also includes a comparison between deontological reasoning and relativism with the eventual identification of the theory that best relates to the personal opinion with regards to the debate on legalizing marijuana. The question of legalizing marijuana Should the use personal use of marijuana be legalized? There are numerous uses associated with marijuana.AIDS and cancer patients find marijuana useful as a drug that restores appetite and fights nausea. Marijuana also has nutritional value because its seeds contain vitamins and can be used in preparing cooking oil (Rosenthal, Kubby & Newhart, 2003). Research studies also indicate that the mariju ana can be used in the manufacturing of clothes. The plant has been used in the manufacturing of paper and clothing material for a very long time and is considered produce higher amount of fibre compared to trees. Environmentalists have found the marijuana plant important in addressing the problem of deforestation and soil erosion.Marijuana is beneficial in the restoration of lost soil nutrients. To law enforcement agencies, marijuana is considered to play a major role in increasing the number of crime rates. A significant number of incarcerated criminals have at least used marijuana prior to their arrest. The above analysis on the use of marijuana and its impact clearly points out to the fact that one group will support the legalization of marijuana while the other will oppose such a move. However, the debate can be solved using two theories of deontological reasoning and relativism.Deontological Reasoning The theory of deontological reasoning proposes that actions are either corre ct or wrong in themselves without taking into account their consequences. The theory of deontological reasoning can be best explained with the use of an example of a murder case. In such a situation, a deontologist considers the act of murder as wrong based on the fact that it involves taking the life of another person. It is assumed that humans have the duty of preserving life hence one should never kill no matter the circumstances (Mizzoni, 2009).In a nutshell, this implies that the end does not justify the means. Generally, deontologists believe that human beings have the duty of upholding morality. People have the moral duty to do the right things and avoid doing things that are wrong. The consequences of an action are never considered in determining whether the action is right or wrong. An individual has to consider his or her moral duty in order to make moral decisions. In this case, the personal use of marijuana is considered right or wrong based on the moral duty of users ra ther than the consequence of the plant on its user.The theory of deontological reasoning is connected to three concepts including rights, duties and principles (Burnham, 2011). However, our discussion only focuses on duties in analyzing the debate on legalizing the personal use of marijuana. There is a brief discussion of the concept of rights with regards to the theory of deontological reasoning. If an individual has the right to life, other people have the duty of making sure that such a right is respected. This relates with the issue of legalizing the use of marijuana. From a doctor’s perspective, medical marijuana has medicinal value and can be used in preserving life through healing.In such a case, the government and law enforcement agencies have the duty of respecting the right to life by legalizing the use of marijuana in providing treatment (Gerber, 2004). Marijuana may also be used for a different purpose such as pleasure, which may eventually result in users going i nsane. In order to preserve the life of users, there is an urgent need to make it illegal for users to abuse marijuana. This is because it will reduce the number of cases related to drug abuse hence saving a significant number of the human population from getting insane or engaging in criminal activities.Insanity and criminal actions have may result in the loss of life. The theory of deontological behavior proposes two classes of duties. First, there are general duties, which are commonly identified as prohibitions. Examples of prohibitions include do not kill, do not steal, and assist the needy among other general duties. The second class of duties relate to duties arising from the fact that there exists specific social relationships. For instance, if an individual has made a promise, then he or she has the duty of keeping the promise.Additionally, if one is a parent, then he or she has the duty to provide for the children. In this case, legalizing the personal use of marijuana is considered under the class of general duties (Jebreal & Lukes, 2011). One argument is that marijuana should be prohibited because it involves abuse of substances. On the other hand, doctors with patients have the duty to provide them with treatment even if it involves the use of marijuana as a medicine. Aquinas notes that each person has duties related to personal actions. An individual has a duty to keep promises, but does not have the duty to ensure that promises are kept.According to the theory of deontology, people should be more concerned with fulfilling personal duties but never make attempts of bringing out the most good. This is because it may result in the violation of the concept of a duty. In this case, we only have the duty of meeting the needs of other people rather than maximize the good (Mizzoni, 2009). There are a number of actions that people may choose from but they are free to act as they please. Basically, this means that people have the option of using marijuana for whatever reasons regardless of its consequences. There are instances when duties conflict with each other.W. D. Ross notes that in such cases, one does not require rules in solving such a conflict. One is only required to use their judgment in arriving at a solution. However, there are cases whereby one lacks the criteria that can be used in making decisions (Mizzoni, 2009). Deontologists argue that identifying the intentions of actions can provide a solution. Ross argues that actions are determined to be wrong or right based on the intentions of the agent. Therefore, deontological reasoning justifies the legalization of marijuana on the basis that it is used to improve human health.The use of marijuana can only be considered illegal if users intend to harm others. Relativism According to the theory of relativism, an action is considered moral or immoral relative to the cultural norms of the agent. This means that an action is considered right or wrong based on the moral norms of the culture within which it is practiced. A particular action may be considered moral in one culture while immoral in another culture. Relativists are opposed to the use of universal moral standards in determining whether an action is right or wrong (Jebreal & Lukes, 2011).The United Kingdom may consider the use marijuana as morally wrong while Amsterdam considers it morally right. According to relativists, there is no standard framework to be used in resolving moral disputes such as the legalization of marijuana across different members of society. Relativism is different from deontological reasoning in the sense that upholds societal norms as the determining factor on moral issues. According to relativism, marijuana should be legalized or not based on what society considers being moral or immoral (Jebreal & Lukes, 2011).However, in the case of deontological reasoning, actions are considered to be right or wrong based on the moral duties of an individual. Whereas relativism plac es emphasis on society in solving ethical dilemmas, deontological reasoning places emphasis on the moral duty of an individual. In this case, a relativist may support the legalization of marijuana because it is commonly used among members of his or her society. The same person may oppose legalizing marijuana because it is uncommon to use marijuana or use of marijuana is considered immoral within his society.The theory of relativism raises a number of important issues related to legalizing marijuana. First, different societies have conflicting moral beliefs and that believes of people within a society are deeply determined by their culture. It is therefore important that we incorporate the relativism when arguing for or against legalizing marijuana. Second, the theory provides for the exploration of reasons that influence the differences in beliefs of different individuals. This ensures that we also challenge the beliefs we hold for or against the legalization of marijuana (Burnham, 2011). Marijuana should be legalizedMy personal opinion is that there should be the legalization of marijuana. After making comparisons between the theory of relativism and deontological reasoning, I have discovered that relativism contains views that are closer to my own views. The issue of legalizing or prohibiting marijuana should be determine on the basis of what society views to be right or wrong rather than the moral duties of an individual. The theory of deontological reasoning argues that individuals have the moral duty to do what is right and at the same time avoid what is wrong but such actions are never aimed at aximizing most good (Gerber, 2004). However, relativism argues that an action is morally good or bad based on the cultural norms of a society. In such a case, actions are either considered to be good or bad for the collective benefit of society. This means that marijuana should be legalized because it helps the society or it should be made illegal because it harms the society. There are two perspectives that can be used in supporting the use of marijuana. They include marijuana as a medicine and marijuana as an illicit drug. Medical MarijuanaSince 1972, medical marijuana has been considered an illegal substance in the United States and across a number of countries in the world. In the United States, the congress banned the use of medical marijuana on the basis that it was harmful to the health of consumers and even placed it in the first schedule of the Controlled Substances Act. Generally, the congress considered that the drug did not have any healthy gains for the human body. However, recent research studies on the effects of marijuana provided different results to the claims presented by the US congress.Theses research studies have led to the discovery that medical marijuana can be used as medicine and has the potential to heal a number of diseases (Burnham, 2011). Marijuana contains a chemical THC, which has been proven to be harmless to human body. The new discoveries provide enough reasons for the legalization of marijuana. Failure to legalize marijuana implies that a significant number of people will be denied access to proper medication. Marijuana as an illicit drug Illicit drug use is a major problem and many countries led by the US have found it very difficult to address the problem.Various governments have established a number of programs aimed at solving the problem including treatment and prevention programs, international narcotics control, and drug education programs (Rosenthal, Kubby & Newhart, 2003). Despite the efforts of government agencies to solve the problem of illicit drugs use, there is still an increase in the number of drug users. Research studies indicate that marijuana is the most commonly abused illicit drug. A perfect example is that in 1990, the US recorded approximately 6 million people using marijuana on a weekly basis or more.The increasing usage of marijuana as an illicit drug has bee n closely associated with crime rates all over the world. In 2002, the US reported that approximately 40 percent of jailed adults have at least tried using marijuana. This has the implication that the legalization of marijuana presents a big threat to law and order. Despite the fact that the use of marijuana has become a major problem, the war against its use has proven to be very costly compared to the benefits accrued from legalizing marijuana.For instance, the United States of America spends approximately 12 billion dollars in fighting the problem of marijuana. Legalizing the use of the same drug has the benefit of earning revenues for the government from taxation of marijuana. Instead of the government banning the use marijuana, it should legalize it but ensure that its cultivation, sale and purchase are regulated in order to control criminal activities associated with marijuana (Gerber, 2004). Legalizing marijuana is indeed an ethical dilemma given the fact that it can be used as medicine as well as an illicit drug.However, deontological reasoning proposes that an action is good or bad based on the moral duty of an individual rather than its consequence. The theory therefore proposes that the morality of legalizing the use of marijuana is a personal choice. On the contrary, the theory of relativism proposes that an action is morally ethical relative to the culture within such an action is practiced (Rosenthal, Kubby & Newhart, 2003). It is on the basis of the theory of relativism that I propose the legalization of the use of marijuana.The benefits of legalizing marijuana such as healing and economic value far outweigh the cost of prohibiting its use. References Burnham, A. (2011). Benefits of Legalizing Marijuana. New York: GRIN Verlag. Gerber, J. R. (2004). Legalizing Marijuana: Drug Policy Reform and Prohibition Politics. New York: Greenwood Publishing Group. Jebreal, R. & Lukes, S. (2011). Moral Relativism. New York: Profile Books. Mizzoni, J. (2009). Ethics: The Basics. New York: John Wiley & Sons. Rosenthal, E. , Kubby, S. & Newhart, S. (2003). Why Marijuana Should Be Legal. Chicago: Running Press.

10 Most Important People in the United States Essay

Abraham Lincoln is first because he did a lot as the first president of the united states. He abolished slavery, granted citizenship to all people, and gave all men the right to vote. One of the most important things about him was how he established the Emancipation Proclamation, which said that the union was willing to fight to end slavery. He was important because without him none of these things would have happened. George Washington was second because he did some very important things that impacted the U.  S. history. He was a general for the United States. He won two battles, then became president of the United States. He won the revolutionary war and the French and Indian war. He is important because without him the nation would still belong to Britain. Thomas Jefferson drafted the declaration of independence, which declared the 13 colonies a free and independent country. He was also involved in colonial policies and the negotiations that resulted in the Articles of Confederation. Later the US Constitution was made. As the 3rd President, he agreed to the Louisiana Purchase in 1803, doubling the size of the territory of the US. Without Thomas Jefferson the United States would have never been doubled in size in 1803 which would result in the United States being the same size it was before the Louisiana purchase. Andrew Jackson an army general who defeated the Creek Indians at the Battle of Horseshoe Bend, and the British at the Battle of New Orleans. His enthusiastic followers created a Democratic Party, the Jacksonian democracy. He later became known as the 7th President of the United States. He is important because without him we would never have defeated the natives at these two battles. he was elected to the Massachusetts House of Representatives. With Parliament’s passage of the Coercive Acts, Adams realized that the time had come for the Americans to invoke what he called â€Å"revolution-principles. †

Marketing report based on industrial analysis Essay

Marketing report based on industrial analysis - Essay Example wing issue that needs to be addressed: due to the high competition in local market managers in Burger King should have alternative marketing tools available. This means that if the positioning of the firm’s products/ services in India is not successful then the re-positioning of the firm should be attempted by emphasizing on different market segments, as explained analytically below. Marketing, as a process, is rather complex. In the literature, emphasis is given to three elements of this process: ‘a) the marketing mix; these are the elements of each firm’s marketing plan; b) the market forces and c) the matching process’ (Payne & Frow 2013, p.12). The above elements of the marketing process interact in the following way: in the context of the marketing mix each organization identifies the criteria that its marketing plan has to meet. Then, the marketing plan is structured accordingly, i.e. it is designed in such way that these criteria can be met. At the next level, the forces that the organization has to face in each market are identified; emphasis is given to those forces that can affect the organization’s marketing plan. Finally, using the matching process the managers of the organization are able to align the marketing plan with the market forces, so that the success of the plan is secured, as possible. Marketing orientation is a term used for showing the alignment of ‘all the activities of each organization with the needs of its customers’ (McCabe 2010, p.117). According to Palmer (2012) in order for a business to promote marketing orientation the following term needs to be met: the business should be fully aware of the needs of its customers, of the performance of its competitors and of the capabilities of its employees. By focusing on marketing orientation Burger King would be able to attract many customers and to set the basis for significant growth in the Indian market. Moreover, the costs of marketing orientation for Burger King could be

Democracy High School Essay Example | Topics and Well Written Essays - 500 words

Democracy High School - Essay Example . Offering many view points as to why, how ,where and why we got this idea of democracy as we now see it, it begins with the very needed statement saying that democracy is not one set institution which I believe over the course of time people have begun to try to force that idea. The idea was forced here in our own country that democracy had to be this way and was supposed to look exactly like this or that, and that is simply not the case, and then again nor should it be. According to the article one of the most important aspects of a democracy is its citizens, and I could not wholeheartedly agree more. The more people who can vote and the much more democratic a state of being is, and just that much more power that is given to the people. In my mind democracy is really all about the powers that the people hold, and how accountable the government is to the people. The government is only there to help run the people, and should be held completely responsible to the democratic voting process. Of course there are some expected procedures that are needed to make a democracy possible, which is completely different from things that can make a democracy feasible. These two ideas should not be confused with one another.

Summary of an appeal case Essay Example | Topics and Well Written Essays - 250 words

Summary of an appeal case - Essay Example Second, the judge misguided the jury on the issue of consent as it implicated on the present case. Mr. Roberts developed a solution linking the judge’s decision with the fact that he deprived the appellant the Jury’s consideration whether he had a guilty mind or not. However, the sentence on each case was neither excessive nor wrong in principle. While reviewing the case, a number of particulars stand-out based on the case. The case is an aggregation of a number of cases. Although, the facts differ in the three cases, the common details in all the cases include information such as the defendant had an agreed sexual relationship with each woman. Second, all three ladies voluntarily had unprotected sex with the defendant. Third, the appellant did not inform any woman about his HIV status. Finally, all three complainants assumed that the defendant was HIV negative; therefore, exposing themselves to the risk of obtaining a sexually transmitted infection as grievous as HIV virus. Based on the courts judgement, the judge’s guidance to the jury adequately explained the correct implications to the case of the consensual contribution by each complainant’s to sexual intercourse with the appellant. The jury eventually gave the ruling that, in the case of each plaintiff, she did not willingly or cognitively agree to the risk of suffering the HIV virus. Therefore, the court will dismiss the appeal against conviction. The court reviewed its holding in the R v Dica case of informed consent as a defence resulted from limited potential conflicting public policy considerations. In the light of the public interest, the population demands the prevention of the spread of catastrophic illnesses. On the other hand, it also needs that personal freedom in the context of adult non-violent sexual associations need maintenance. By concealing any information about one’s HIV status, the subject denies the

Consumer Involvement in New Product Development Essay - 1

Consumer Involvement in New Product Development - Essay Example The paper tells that in the development of new products, customers participate to give new ideas to help create the products through communication. The process referred to as co-creation, employed by the developers, is important in the new product development sector. In this case, customers may come up with new goods or services or simply try to improve on what is already circulating in the market to fulfill their needs. These ideas shared by customers reach the intended producer through different avenues like the company website or through social media. Co-creation used this way is a symbiotic relationship in which the customers and the firms collude and make a product where the customer will enjoy interacting with the product and the producer will meet the customer’s needs. Producers nowadays use this mode of collaboration as a way to reduce time in the production process and ease their thinking and the uncertainty that comes with the new product, questioning whether the pro duct fits the market and carrying out surveys for gauging where most customers lie, either in favor or out of favor. The scope of co-creation is the extent to which an organization decides to involve the consumer in the development stages up to the post-launch stage. Threadless.com is a T-shirt manufacturing company high on the scope and they depend on co-creation for manufacturing their products. The consumers submit T-shirt designs online and the company employees and visitors to the site vote. The designer who wins gets a monetary compensation and retains the rights to the design. The co-creation process does not end there, but after launching the product. In the end, it serves as a marketing strategy.

Economics Essay Example | Topics and Well Written Essays - 3500 words

Economics - Essay Example The policies undertaken by governments in different economies are highly influenced by his theories even today. The theories introduced by Keynes mainly concentrate in the nature of total spending in the economy. The theories also analyze the influence of aggregate demand in economies inflation and output level. According to Keynes the aggregate demand created in the economy is often not equal to the productive capacity of the economy. Keynesian theories were introduced during Great Depression in the economy. Keynesian theory supports a mixed economic system, where the main sectors of the economy are headed by private business entities but are guided under the rules and regulations of the government at times of recession (Keynes, 1979). New Classical Theories of Economics New Classical theories of economics are consisted with the economic views of the modern contemporary economists. The theories mainly concentrate in the price, output and determination of income distribution in the e conomic system. The conjectures focus on the free forces of market demand and supply in the economy. These theories explain the idea of rational economic behaviour. Maximization of consumer utility subject to budget constraints or maximization of producers profit subject to cost constrains are theories of neo classical economics. It assumes that economic entities in the world undertake their economic decisions after getting equipped with the underlying relevant information. Neo Classical theories of economics dominate the Keynesian views economics (Arnold, 2008). Aggregate Supply Curve The aggregate supply curve (AS) shows the different levels of Gross Domestic Product (GDP) in real terms, generated at changed levels of prices in a particular period of time. The curve shows the relation between price and real GDP, assuming all other factors affecting real GDP constant (Ceteris Paribus assumption). The Keynesian and Neo Classical views regarding the shape of the AS curve are contrast ing. Keynesian AS curve Keynesian theory was introduced during the Great Depression when the economy was under strict recession. Due to recessionary trends in the market most of the resources were ideal and insensitive in the economy. Thus Keynesian theory firmly believed in the rigidity of price and wage rates in the economy. Keynesian theory is consistent with a horizontal AS curve where any changes in the real GDP are caused simply due to changes in the aggregate demand (AD) in the economy. It was analyzed by Keynes theory that only changes in the aggregate demand, could improve the state of a depressed economy. Figure 1 - Keynesian Horizontal AS curve CPI AD p AS q Real GDP (Source: Author’s Creation) The graph above illustrates the AD and AS curve in Keynes views. The consumer price index (CPI) is the average price level of all the goods and services produced in the economy. AD is inversely proportional to CPI as per the law of demand. The market equilibrium price (p) an d equilibrium quantity (q) of real GDP generated in the economy are determined from the point of intersection between the AD and AS curves. Rise in Government Spending Impact In order to improve the aggregate income level in the economy the government undertakes expansionary fiscal policies. These policies

INDIVIDUAL COURSEWORK Essay Example | Topics and Well Written Essays - 1500 words

INDIVIDUAL COURSEWORK - Essay Example Various British designers are accredited with the reputation and image par excellence and would create opportunities for augmenting the possibilities of being inducted in reputed professional companies overseas or abroad (Andriopoulos, C., & Dawson, P. 2009). There is a leading company in United Kingdom that is privately owned and involved in clothing as its primary business. The company is also designing and an expert in retailing its brands of label range wears of various segments regardless of age. Mr. David Reiss the owner of the company Reiss took over from his father and created an opportunity of narrowing the gap in mass market clothes of high street as well as designer wears. It is pertinent to note that narrowing down the gap translates into provision of good quality as well as stylish clothes for prices that are amazingly affordable. The strategy following the aftermath of success creates vistas for opening up expansion in Dublin the capital of Ireland. The strategy can be created by launching wide ranges of women’s wear and globalize the business along with Dublin. Even though the efforts are on for making penetration into various countries the headway has been successful in claiming establishment of 27 outlets of retai l as well as concessions numbering to three in the United Kingdom until now. Mr. Reiss continues to be endowed with the capacity of a guiding influence with strength that is all pervasive in the company. The company Reiss is capable of creating a good brand value and an entry by creating an opportunity to internationalize the company in a manner that would be conducive for strategizing the brands and the segments. There has been successful expansion into the fields of new segments of wears including opportunities for children’s wears. This strategy should be further improved to create wide ranges of brands for encompassing a new

Edouard Manet Meet the Artist Essay Example | Topics and Well Written Essays - 250 words - 2

Edouard Manet Meet the Artist - Essay Example He was a critical figure in the evolution from Realism to Impressionism. His style of art greatly portrayed a contemporary ethos which showcased his interest in the various art paintings he exhibited. His initial masterpieces would later function as key inspiration for various painters in the future. Most of his paintings served as edifying points for the fledgling painters who were aspiring to craft Impressionism. Some examples of his exceptional paintings are the Olympia and Luncheon on the Grass. These two paintings spurred great debate and criticism since it was argued that the canvases lacked moral belief. During his time, the Paris Salon, which was a major exhibition center, rejected his submission of the art due to his eccentric painting style during that particular era. Even though he had prior submitted multiple art works to the Salon, some of which earned the Salon’s worthy mention. His choice for the modern portraits was a high target for public criticism. Following the rejection of approximately 4000 paintings by Paris Salon in 1863, King Napoleon III ordered the establishment of a Salon des Refusà ©s (Salon of the Rejected), aimed at exhibiting the rejected paintings. Manet most of his rejected paintings at this exhibition and later moved on to Spain and build a pavilion using his inheritance to aid in promoting his art contemporary art.  

Silver, the Inventor of the Adhesive Polymer on Which Post-It is Based Essay

Silver, the Inventor of the Adhesive Polymer on Which Post-It is Based - Essay Example The specific product, which is unique worldwide, has made 3M a leading firm in managing innovation. The review of the actual history of Post-It, up to its entrance in the market, proves that the development of the particular product has been quite difficult for its designers. In fact, the inventor of Post-It, the chemist Spencer Silver, spent many years in trying to persuade leaders in his organization in regard to the value of his invention: an adhesive polymer of various uses. At the end, and mostly due to the efforts of Silver and those who believed in the product’s value, Post-It entered the global market. The case of 3M and Post – It shows that product innovation can be a quite challenging process, the complexity of which is often not clear even to those working for its promotion. In the context of modern businesses, product innovation is a concept which is related to the following target: the examination and evaluation of ‘the need for innovative products and services’ (Rainey 2005, p.10). The above definition leads to the assumption that product innovation is a rather simple process. Still, such assumption would not be valid. In fact, product innovation has a series of aspects which are analytically presented in the sections that follow. Another characteristic of product innovation is the following one: the methods used for the promotion of product innovation within each organization are not standardized (Rainey 2005, p.10). Different tools and techniques can be used for promoting product innovation, depending on the potentials of each organization to provide the required funds and infrastructure (Rainey 2005, p.10). One of the most common issues that appear each time that product innovation schemes are promoted is the following one: can the particular process be introduced in any organization or it is necessary that certain requirements are met. Moreover, innovation, as a process is based on certain rules or it is not controllable as of its structure and components? The answer to the above questions can be identified in the study of Cogliandro (2007). According to Cogliandro (2007) innovation, in all its aspects, needs to be based on three principles: a) innovation needs to be related to all aspects of the organization; in fact, innovation would be expanded across organization covering all organizational activities (Cogliandro 2007, p.18) and during all periods of the life of the organization.

How did WWII change America and the World Essay Example for Free

How did WWII change America and the World Essay The World War II remains the bloodiest and deadliest crisis in world history. It involved the best ever battle lines, enormous armed forces, along with the most destructive weapons in the history of the world (Martel 245). The worldwide disagreement that was regarded as or labelled World War II emanated from the 1930s great depression, a turmoil that undermined, destabilized and weakened economies, governments’ and nations around the world. For instance, in Germany, the rise of Hitler occurred partially because he alleged to be capable of transforming a destabilized Germany by then to an autonomous economic and military power that could control its destiny not only in Europe, but in the entire world as well (Martel 240). This paper therefore explores how this global conflict (WWII) changed America and the entire world. For the US, World War II constituted the most significant fiscal event of the 20th century (Higgs 53). The war’s consequences on the United States were diverse and far-reaching. It indomitably ended the great depression, and the US federal government came out from the war as a possible economic actor, capable of regulating fiscal activity and to partly control the world economy via spending and consumption. What’s more, the wartime economic explosion spurred and promoted a number of social trends. First was the job creation that paralleled the growth of industrial production, in so doing, attained what Roosevelt’s New Deal programs had been incapable to achieve (Rindfuss, Morgan Swicegood 86). According to Higgs (58), in 1940, there were more than eight million unemployed Americans. However, by 1941, unemployment became a thing of the past. There were in fact labour shortages in numerous industries. Consequently, federal inspectors did ignore laws deterring employment of women and children (Martel 250). With little or no public outcry, several high school dropouts escalated substantially. Also, several women were absorbed in the workforce to assist make implements and munitions of war. These women were later nicknamed ‘Rosie the Riveter’ and were pivotal part of the US success in war (Martel 251). Additionally, the WWII revitalized American industries, and a lot of sectors were by the end of the war (1945) either brusquely oriented to defence production (for instance, electronics and aerospace) or entirely dependent on atomic energy (Rindfuss, Morgan Swicegood 82). The organised labour unions were as well strengthened far beyond the depression period and became a key counter-balance to both private and government industry. Given the fact that novel employment took place in unionized workplaces, plus industries funded by the American government, the continuance of membership decision during World War II was a magnificent advantage for organized labour (Rindfuss, Morgan Swicegood 84). As a result, organized labour increased from ten million in 1941 to approximately fifteen million by 1945. Also, about thirty six percent of the work-force in non-agricultural sector was unionized, recording the highest percentage ever in American history. Similarly, the war’s speedy technological and scientific changes continued and deepened trends commenced during the great depression and shaped lasting anticipation of continued novelty on the part of several engineers, citizens and government officials. Besides, the significant increases in individual income as well as quality of life throughout the war resulted in a number of Americans foreseeing permanent improvements to their material needs (Rindfuss, Morgan Swicegood 85). That said, the World War II brought to an end the godless Nazi regime plus their murder machine. It as well wrecked Japan’s control over Pacific, thereby ushering in the atomic age (Martel 255). Europe that had been under authoritarian Nazi boot became under the Communist boot. Besides, the war led to medicine improvements in the world, particularly in the use of antibiotics. New-fangled forms of occupational and physical therapy to assist returning veterans and wounded soldiers were as well invented and used. What’s more, the work of individuals, such as von Braun in the Second World War greatly transformed world technology, especially rocket technology, which became a major focus during Cold War (Neufeld 164). The dramatic transformations in military technology resulted in changes to operational and tactical skills. Stanovov (1) asserted that all contemporary warfare grew from the concepts which first came from 1939-1945. The actions of pooled units, close relations of dissimilar armed services, the greatly escalated significance of radio-electronic warfare, strategic bombings, psychological and mass information warfare, to mention just some factors. The World War II became in fact total in psychological, technical and informational senses, radically transforming the prerequisites to logistical support. Moreover, it spectacularly changed the balance between small and large economies in the world platform. Whilst previously the disparity between the armed forces of a small and large country was largely quantitative, with WW2 it became qualitative, as a few nations in the world could manage to create fully-fledged nuclear-era armed forces (Stanovov 1). Finally, every great conflict, especially concerning great allies and axis, brings something unique to the art of warfare. But Second World War was outstanding in that respect. The changes in the hardware, equipment, structure and the way military forces were utilized were unique both in their significance and scope. Even WWI that first witnessed major use of war tanks, submarines and planes had never brought to fore such massive change to the world.

Benefits of Cross Border Mergers and Acquisitions

Benefits of Cross Border Mergers and Acquisitions In the process of businesses creating or building shareholder value, they the management are motivated to undertake cross border mergers and acquisitions in other to expand their operations which will then generate greater profits or potential for owners (shareholder) value creation than that of internal growth. Cross-border mergers and acquisitions (MA) internationally have played a key part in this issue of globalisation or global activity of growth and expansion. When firms and companies otherwise known as enterprises continually increase in size, they tend to look for more funding or capital from outside their territory (locality) or country of operation which may not be readily available in their home country of operation to further advance their growth and expansion drive. And this particularly involves transnational firms such as HSBC, British Petroleum (BP), Vodafone and Shell for example taking over companies or businesses in other countries by parting away with huge sums of money. According to Krekel et al.(1969) mergers usually involve businesses or corporations of same or equal size, whilst the acquiring firm in the case of acquisitions tends to be bigger or larger. According to recent trends in cross border mergers and acquisitions (MA), most of these Multinational Enterprises (MNEs) move to emerging markets in order to take charge or buy controlling interest in those markets. The creation of the European Union (EU) internal market on 31 December 1992 (which seeks to remove trade barriers among member nations) brought about influx of US, Japanese and EU companies holding market positions in EU. And thus the late nineties witnessed more MA involving both local and International partners, with mega mergers between multinationals like DaimlerChrysler and Exxon-Mobil, which transformed global market competition. During this period many businesses in emerging markets were privatised thus creating growth opportunities for MNEs to gain access to previously closed markets of enormous potential. The United Nations Conference on Trade and Development (UNCTAD, 1998) unfold the driving forces behind cross border MA as per current globalisation. Practitioners of cross border MA deals encourage deregulation or diversification and liberation of the local and state owned businesses or enterprises, thus affording foreign enterprises or businesses in advanced economies to invest directly, joint venture ship or partnership or even outright take over (UNCTAD, 1999) This paper will try to address the significant benefits and also some pitfalls of cross border, mergers and acquisitions as pertaining to global market growth and expansion of Multinational Enterprises (MNEs) or businesses. UNCTAD, 1999 reports that the transition host nation in a greenfield investment or mergers and acquisition stands to benefit in resources or technology. For instance the flow of foreign direct investment to a transition host nation will boost its foreign reserves (Gross domestic product). A clear example is the take over of Cadbury UK plc by Kraft Company which undervalued these shares (Cadbury) but yet invested in excess of Nineteen billion pounds (Â £19) into the UK economy in the midst of the global economic crunch. According to Razin et al (1998), low level of taxes or incentives in some European Union (EU) countries, prompted Investors within UK, to move their production wing of their firms from the UK to E U countries in order for these firms to enjoy stron ger market positions. Investors usually consider tax issues before deciding on where to invest or move their investments to. Many a times, investors favour or decide on nations where the tax laws and policies are relaxed thus favouring their cause in terms of releasing their investment back with maximum gain. Hitt et al (2001 a,b) described acquisition as the process by which controlling stake in a business enterprise or venture is purchased by another larger firm via an open market or on an exchange. Acquisition which is otherwise known as Takeover occurs when majority shares or stake in an organisation is purchased by another bigger firm. By this, the bigger firm take control or charge of the assets as well as the liabilities of this target business which now becomes its subsidiary. Hitt et al (2000) further saw merger as the situation where two or more smaller corporations decide to pull their resources together in order to become a giant leader in their industry or market. When this happens, a new corporate identity will adopted thus both companies will drop their old or individual identities and put on the new one after an agreement has been reached amongst the parties involved. A clear example will be the ongoing merger agreement being entered into by British Airways and Iberial Air lines which aftermath will birth a new corporate identity and image as agreed upon by the parties involved. Another example is that of GlaxoSmithKline which involved synergy between two pharmaceutical firms namely Glaxowellcome and Smithkline Becham that merged to form the second largest pharmaceutical company in Europe. It is worthy to note that synergy will provide more gain since the two companies stands to produce more when they are together through sharing of ideas and technical know how than being on their own as individual. Thus the equation of one plus one equalling three came to being (synergy theory) through merger and acquisition as beneficial to the two firms that came together as one entity or under one umbrella. Again these large companies or businesses with global repute or stature enjoy tremendous benefits in the area reduction in prices, increasing control of market and economies of scale. According to Fatemi et al (1988), even though introducing cross border MA in a near perfect market situation, the owners of the business may not enjoy dividends as per from local operation and this varied valuations for local and international mergers will seek to uncover the imperfect capital market dealings. Pringle (1991) stressed that market accessibility is the main rationale for foreign direct investment. To add to this Harris et al (1991) further elude to the fact that giant or larger companies or firms join with other firms in other nations simply to access their foreign market share. In other words it aids in its saturation into new areas or segments of other markets with no restrictions whatsoever and in addition access credit facilities whilst enjoying tax rebates reserved for local businesses. HOW CROSS BORDER MERGERS AND ACQUISITIONS ARE DETERMINED Investors are always drawn to or interested in investing in high flying corporations who are consistent and increasingly growing and engaging in expansion drive of their various businesses or business units. Growth and expansion performance of businesses may be as a result of good corporate governance practices and policies adopted by or from the side of Management of that firm in line with that of the growing target market. In the words of Cheng et al (1989) and that of Moore (1996), overseas business owners or investors enjoyed high returns on their investments after being encouraged to put or invest their wealth in financial institutions (bank), outside the United States for the simple reason of their good financial health thus, favourable growth rates and high turnover in assets and expansion drive. Among other factors that positively influence cross border dealings in emerging economies like that of Africa, Eastern Europe and South America is profitability and efficiency that st ands out as the number one reason. Financiers and investors from both the United States of America and United Kingdom channel their wealth to some financial institutions (banks) and other businesses in these regions via direct investments or mergers. Hannan et al (2007), Vander (2007) and Pasiouras et al (2007) all consented that investors from the United States will shy away from investing their wealth in those financial institutions that constantly make a deficit after they (investors) have critically scrutinised and reviewed the said financial data, profitability and investor ratios before choosing the right venture to invest in, in order to maximise their wealth. In the words of Hannan et al (2007) a lot of mergers and cross border acquisition happen due to the challenges businesses go through in sourcing for more funds or capital to expand their businesses. Hannan et al (2007) again said many of the larger financial institution (banks) and companies exploit the option of target ing emerging markets in terms of investing their resources when considering expanding their corporations. The results from this movement by the larger companies will better advance the economies of these target countries where the small firms are located for which takeover occurred since the cost involved in business transaction will be drastically reduced due to the size and capital base of these larger firms. Among other things, cross border mergers and acquisition can occur where there is concentration of similar businesses such as banks in a catchment area or region. Businesses like banks and stores according to Hannan et al (2007) would always want to take their services and operations to the door steps of the clients, thus concentrating on high streets and other prime locations to better meet their clients need as can be attested in the United Kingdom (UK). Another point worth considering in this determinant of cross border acquisition and merger is Taxation. As with most countries, local companies enjoy tax reliefs or exemptions for awhile whilst foreign companies are made to pay income tax on their local business enterprise as well as foreign income tax. In the words of Scholes et al. (1990), Servaes et al. (1994) and Desai et al. (2002), investors within advanced economies or markets who pay higher taxes tend to invest overseas where they avoid tax and enjoy exemption from foreign or overseas income. For this reason several indices were created by La porta et al. (1998), useful for eper this larger created affiliation. In these indices there is also rule of law and efficient judiciary process thus ensuring that the rights of individuals are respected by all and sundry. In the same vein, Johnson et al. (2000) agreed with the above statement with emphasis on minority shareholders whilst the rights of creditors should be enforced when f irms default in their payments after notices are served. And last but not the least, there must be fair treatment within the confines of the laws or regulations with respect to company directors (Executive and non executive directors). LIMITATIONS It is important to note that cross-border acquisitions and mergers are not, however, without pitfalls. Irrespective of acquisition being domestic or cross-border, investors experience problem of over paying thus suffering excessive financing costs (Eiteman et al., 2004 pg. 590). Merging corporate cultures between a local firm and an overseas one becomes a problem since regulations for example like governance practices might differ from country to country. Managing the aftermath of cross-border merger and acquisition process is normally characterised by retrenchment to achieve economies of scale and scope in overhead duties or functions. The outcome of this is unproductiveness among employees of the target company who fear of losing their jobs or been laid off. For example the take over of Ghana Telecom by Vodafone in January 2009 saw more than thousand workers being laid off. And their new Chief Executive Kyle Whitehill indicates that further restructuring is necessary to ensure that the company is able to deliver prudent returns Source: Joy Business/Myjoyonline.com/Ghana (July 29, 2010). Even for some top executives, for fear losing their jobs become uncooperative when it comes to merger and takeover talks. United Kingdoms example is the aftermath of takeover of Cadbury UK by Kraft plc from United States which saw the downsizing of over four hundred of its employees after the production plant or unit in UK was relocated in Poland to reduce labour and operative costs. In the words of Hadlock et al (1999), company bosses or executives, for fear of losing their jobs after the takeover will conceal some vital information or be reluctant to provide important data that will aid the investors to properly come to a decision as to whether to invest or not in a target business. Globally, additional problems occur from the part of host countries where their government intervene in price discrimination, financing, employment guarantees, segmentation and general nationalism and favouritism which includes capital flight and corrupt practises by foreign investors with the help of personnel in state departments from target nation (see Eiteman et al., 2004 pg. 590). An example is the Quality Grain Scandal in Ghana where some ministers connived with foreign investors to cause financial loss to the state is seen as the most corrupt deal in the country (Source: newsinghana.com). Also the preparation of final accounts might differ from country to country thus it is advised that there must be consistency in its preparation among subsidiaries of that holding company for easy comprehension. For some countries among emerging economies, the host government creates its own standards which differs from that of developed economies for example United States where private sectors and the Government set up GAAP with other principals and standards. Radebaugh et al (1997), Choi et al (1991) and Land et al (2000) all confirmed the differences in the way financial statements are prepared in US, UK and other European countries with makes it difficult for entrepreneurs to understand and compare with similar statements (profit and loss) within sector. According to Ali et al (2000) and Ball et al (2000), Germany lacks in the preparation of returns such that investors or entrepreneurs request for more insight to facts from host nations outside that of the financial report. Anoth er area worth considering is disclosure policy pertaining to corporate governance. Unlike the US and UK where disclosure in corporate governance is held in high esteem, that of emerging countries is very low. For instance some public companies and their private counterparts in these emerging refuse to practise international accounting standards been accepted globally and for that reason are reluctant to fully disclose information freely to prospective investors or other third parties (see UNCTAD 2000). In fact, the ability to successfully complete cross-border acquisition may itself be a test of competency of the MNE in the twenty first century (see Eiteman et al. (2004) pg. 590). SIGNIFICANT ADVANTAGES OF CROSS-BORDER MERGER AND ACQUISITION CONCLUSION Finally, managers tend to take uneconomical plans of takeovers. Sometimes, the motives for takeover decisions by managers may be attributed to availability of free cash flow or for no just cause. The number and dollar value of cross border mergers and acquisitions has grown rapidly in recent years but the growth and magnitude of activity is taking place in the developed countries, not the developing countries. As opposed to the fighting and scraping for market share and profits in traditional domestic markets, a MNE can expect greater growth potential in the global marketplace. There are a variety of paths by which the MNE can enter foreign markets, including Greenfield investment and acquisition. The drivers of MA activity are both macro (the global competitive environment) and micro in scope (the variety of industry and firm-level forces and actions driving individual firm value). The primary forces of change in the global competitive environment technological change, regulatory change, and capital market change create new business opportunities for MNEs, which they pursue aggressively.

Haunted, Joyce Carol Oats: Analysis

Haunted, Joyce Carol Oats: Analysis Haunted by Joyce Carol Oates is a great story about two young girls that are, like most young girls, very adventurous. It is a postmodernism story that was highly impacted by the, then new ideas of psychoanalysis. I like the way in this time period that everything isnt happy, its more realistic. Oates did a great job of creating a sense of fragmentation and isolation in this story. Melissa starts with some background, about how everything got started. Talking about how her mother told her ghosts werent real, but just superstition, and how it was unsafe to go tramping around these old abandoned houses. She then gets very jumpy, jumping from past to present. This sort of threw me off, but she accomplished the sense of fragmentation by doing this. She then goes on to say how stories begin with Once upon a time and how she couldnt tell her stories that way, because thats how fairy tales began. In the fifth grade, Melissa had a teacher, Mrs. Harding who was very picky about messy notebooks. More is expected of you, Melissa, so you disappoint me more is what Mrs. Harding would say to Melissa about her journal grade, making her feel isolated. And Mary Lou, her friend wouldnt help the situation any. Mrs. Harding died of a stroke, and Mary Lou blamed it on the two of them, that was because of us, wasnt it, also creating the sense of isolation. Melissa always thought Mary Lou was the prettiest girl, and that she was ugly, again making her feel isolated. Then she jumps back to present time. This part was hard for me to wrap my head around, I had to read the whole story a few times to understand what was going on, but when I did, I really liked it. She talks about how shes older, husband dead for nearly a year..children scattered, once again, isolated. But now it doesnt seem to bother her, she likes the way there is no one to interrupt..no one to pry. But she isnt content with the way she looks, being older, so she avoids mirrors, to make her feel younger. Then she jumps back in time, but not back to her childhood with Mary Lou, but with her husband. They were in a cornfield, and she was running from him, she began to hear the rustling sound, the sound of voices. She felt he could never love her, because she was the ugly one, comparing herself to Mary Lou, whom he had never met. Once again, making her feel isolated. Then back again to her childhood with Mary Lou. A story about the Medlocks, and their farm. Mr. Medlock died in one of the barns, and Mrs. Medlock found him, and how she went crazy and was put in a state hospital. Of course Melissa and Mary Lou wondered if the house or barns were haunted, and they just couldnt stay away. They explored the barns, and peeped in the house windows, and climbed on the roof. Mary Lou would make comments about how shed like to burn this place down, and Melissa would get scared that she really would, again feeling isolated, and Mary Lou would laugh and say she was just playing. Melissas mother hated Mary Lou and tried to get Melissa to make better friends with the other girls. When Mary Lou and Melissa would go to town, Mary Lou would ignore Melissa when the other girls were around, then act like her best friend on the ride home. Once again, Melissa is isolated. Melissa was very jealous of Mary Lous long, blond, silky hair. She would dream about it, but by t he time she woke up, she would be confused if the hair was hers, or someone elses. Mary Lou was older, taller, a bit heavier, and in Melissas eyes, prettier. Melissa noticed that the older boys whistled at her, and the bus driver called her Blondie, but Melissa never got that attention. Mary Lou would make comments about how she wished all the cows would die..so her father would give up and sell the farm and they could live in town in a nice house and to Melissa, Mary Lou wanted to abandon her. Again, Melissa was feeling isolated. Later Melissa found out that the bank owned most of Mary Lous familys farm, even the dairy cows. In seventh grade, Mary Lou had a boyfriend who was older, and she picked Hans over Melissa, leaving her walking on the road by herself. She said she preferred to be alone, so she was isolated, but this time, by choice. Around this time, Melissa and Mary Lou go to the Minton house, where a man beat his wife to death and no one found out until he killed himself with a .12-guage shotgun. From the road the house looked big, and it seemed hard to believe that anything like that happened, but Melissa was wrong. Inside the house, Melissa heard low persistent murmuring but Mary Lou didnt act like she heard it, once again Melissa is isolated. Hans had stopped coming around, Mary Lous father had found out about it, Mary Lou would say I hate them all, and I wish.. which Im sure she would have taken back if she knew what was to become of her. They picked the Minton farm as the one they liked the best, picnicking on the front porch, acting like sisters, acting like they lived there. Melissa went back herself a few days later, and thats when she went upstairs and the woman greeted her. She was alone, but wasnt afraid. When the person told her to come away from the window, she took her time. This really surprised me, but this is probably the first time in the whole story that she didnt really feel isolated, but I definitely would! The way Oates didnt use quotation marks on what the person said to Melissa, until Melissa saw the woman confused me. The woman punished her, she became scared, then let her go. This is where the psychoanalysis comes in. Is she dreaming this woman is there, and this punishment happened? Because she talks about how she doesnt mind the smell of the room, and how its not her doing these things (taking off her pants/panties and lying down on the nasty bed.) Melissa told Mary Lou about the Minton house, but not that the woman wanted to see her like the woman asked, and Mary Lou went anyway. I think this is the first time in the story where Melissa feels like shes in control when it comes to hers and Mary Lous friendship., but this is what costs her the friendship. Mary Lou makes the comment I hate you..I always have and yes, again, Melissa is isolated. Then back to present day, and Melissa is confused. She knows what has happened in her life, but not what has happened in the pages of the notebook. Mary Lou was found murdered ten days after her hateful comment to Melissa, and Im sure Melissa felt as if it was partly her fault. Her mother made sure she knew that Jesus loves her too, and her parents wouldnt let her to go the funeral. Im sure she felt isolated. She finishes up the story with how she doesnt remember things that just happened as well as things that happened in the past, and with Once upon a time. Oates did a really good job of writing this story. It was very believable, if it wasnt true. She did a good job of using psychoanalysis, and a constant feel of isolation. I liked it a lot, I liked most of the Modernism/Postmodernism stories.

Experiencing Four Major World Religions First Hand Essay -- Islam, B

The nine-sided building and the surrounding gardens give the impression of the world view of the Baha’i faith. A component of the Baha’i world view is that all religions come from a common source. The site conveyed that unity among all religions and people is an additional view of the Baha’i. The arrangement of the house of worship, and the gardens conveyed the idea of unity. The nine sides of the house of worship, and the surrounding gardens represent that all people no matter their religion, race, or gender are welcome at this site to practice their religion. Furthermore, it also gave the impression of the view of all religions having a common source, God. Specifically, the house of worship could represent God, and the nine sides, may represent the nine major world religions, or the idea that all people are united through God. In addition, the house of worship contains symbols on the pillars of the structure. These symbols are of the nine major world religions, for example; symbols include the Christian cross, Judaism Star of David, and the nine-pointed star, which is the symbol of the Baha’i faith. These symbols on the pillars represent unity among all religions, and the idea that all the religions come from a common source, God. Information provided in the handout, video, and by the representative was quite similar to the impression given by the site itself. The representative of the Baha’i faith specifically talked about how all religions have a common source. The video, handout, and the representative explained that God revealed himself in different manifestations in different time periods. God gave the teachings for a certain time period, and then when a new time period came God revealed himself as a different manifestat... ...gion. One thing that I did not know about was the artifact with a staircase and raised platform. According to Gardner’s Art through the Ages Non-Western Perspective by Fred Kleiner, this structure is called a minbar, and it serves as a pulpit for the imam to stand on, and this is where he would speak. An imam is the leader of prayer according to Living Religions by Mary Pat Fisher. Having the opportunity to visit four different religious sights resulted in gaining new insight. However, some of the information presented was similar to my previous understandings of the religions. It was interesting to hear followers of the different religions speak about their beliefs. Overall, visiting the Buddhist temple, Sikh Religious Society, Turkish Society of Chicago, and The Baha’i House of Worship made me reconsider my previous thoughts about each of the religions.

Lab Report: Effect Pollution has on Water :: essays research papers

A. Question Being Addressed: The purpose of this research is to determine the relationship between pollution and water while the physical properties of water are held fixed. I am going to compare the â€Å"polluted† water with the purified water and see if it changed in anyway. For this experiment, I’m going to use water containing sand and oil to get â€Å"polluted† water. Also, I am going to use two methods of separation of substances, distillation to remove the oil, and filtration to remove the sand. Then I am going to use activated charcoal to remove any dissolved substances in the water. After that the water is purified. Independent Variable: Pollution Dependent Variable: Water Constant Variable: Physical Properties of Water Other constant variable include a graduated cylinder, 250 m beakers, pieces of filter paper, plastic spoons, a rubber band, washed fine sand and activated charcoal, plastic-foam cups. B. Hypothesis: â€Å"If the pollution is decreased then the water will decrease inversely because the removal of the pollutants from the liquid will affect some of water’s physical properties† C. Method and Procedure Materials: ï  ¶, Graduated cylinder ï  ¶, 4, 250 ml beakers ï  ¶, 2 plastic spoons ï  ¶, A small nail ï  ¶, 2, 8 oz. plastic-foam cups ï  ¶, 2 pieces of filter paper ï  ¶, Washed fine sand ï  ¶, Washed activated charcoal ï  ¶, Scissors, metric ruler, rubber band ï  ¶, â€Å"Polluted Water† Procedure 1. Measure 100ml of polluted water into a graduated cylinder and pour it into a beaker 2. Separate oil by pouring it into another beaker. Use a plastic spoon to remove the last bit. 3. Use the nail to pole 5 to 10 small holes in the bottom of the cup, and fit the filter paper in the inside bottom of the cup. 4. Set the cup inside another beaker, fill the cup with 2 cm. of wet sand. 5. Pour the polluted water and let it filter through. 6. Place 3 cm. of activated charcoal in an unused cup, pour the water and stir it with a spoon for about 1 minute. 7. Place a piece of filter paper on top of the cup and fasten it with a rubber band. 8. Let the water filter into a clean beaker. Method of Data Collection 1. Create a table-chart to record the observations 2. The color, clearness, odor, layers, solids and volume will be recorded in the chart for the water before treatment, after the oil separation, after the sand filtration and after the usage of charcoal.

Romeo and Juliet by William Shakespeare Essay -- classic story, literar

Based on the classic Romeo and Juliet by William Shakespeare, Roman, Julie, and Friends displays a new theme on becoming friends with children of all genders, even if it is not expected or allowed by their friends. There were many changes made to create a story that resembled Romeo and Juliet but also changed the meaning to a more positive and age appropriate moral. For example some of the original characters are resembled in the remediation, while others were completely new for the purpose of the new plot. The classic play was changed to a children’s book to provide a positive message to children by using pictures and designs that would suit a child’s liking. The design of the book was happy and cheerful, with basic pictures that resemble the words but are similar to the other pictures in the book. The book also uses ethos, logos, and pathos to sell the moral of the story. Ethos is mainly used by the creditability of Shakespeare. While pathos is the ability for the rea der to connect with the characters personalities and stories. Logos is used by providing the child realize that friends can be any gender or personalities, but if given the chance a friend can be found in anyone. The target audience is for children around the reading level of 3, with the purpose being the idea that children can become friends with children of any gender. The target audience for this remediation is children around the ages of 5-8 at a reading level of 3. The purpose of this remediation is the idea that a classic story can be changed to suit the views of a child. This story tells about how children should not judge other children based on their gender, but on their personalities and similarities. The book mainly uses stereotypical versions of boys and... ... ethos from taking a classic, well-known play and changing some details while still keeping the overall credit of the play. While using also using pathos as the main element to convince the child reading the book that any relationship can be formed if given the chance, while also using logos by providing the child with the facts that each of the child found a similarity between them and became friends. The design showed accurate visual images of the words while the cover displayed a happy ending. All the changes were used to display the differences in others and how friendships can be made if there is no judgment but acceptance of differences and looked at the personality. Overall the changes were made to appeal to a child instead of an older audience like Romeo and Juliet. Works Cited Shakespeare, William. Romeo and Juliet. New York: Penguin Books, 1998. Print.

System Integrity and Validation Kudler Foods

This company has established a new accounting information system to assist in all three stores. As part of this system, this firm recommends utilizing audit productivity software to enhance the system already recommended by this firm. Using audit productivity software will decrease the time necessary to audit the accounts as this will now be computerized. This will also increase profitability by decreasing money and time spent in the audit process and Kudler will be able to make alterations to the process more quickly than if audits were handled manually.Another recommendation by this firm would be the installation of continuous audit software that would continually monitor the data being input into the system. This would increase the effectiveness of auditing the stores. With the continuous audit software, Kudler would be able to follow-up on any abnormalities earlier as this software runs automatically. This would assist Kudler in handling any fraud issues that might arise as well. System Integrity and ValidationKudler Fine Foods hired this corporation to establish a new electronic data system to handle the accounting and inventory needs of the company. As part of the proposal, this company will recommend ways to audit the information that the system creates. Once the data has been input into the system, audit procedures can take place to ensure the information is correct and that the company is performing well. This company will help Kudler establish audit processes for each area of the business.As Kudler moves forward with the new automated accounting software as recommended earlier, it is important that an auditing process be established also. Since the accounting process has been converted to an accounting information system, computerized audit productivity software needs to be established as well. This will increase the productivity and profitability of Kudler because the data used by either internal auditors or external auditors can be more quickly obta ined and analyzed than doing the process manually. Kudler will need to determine which software works best for the needs of the company.Electronic work papers have many features to evaluate which include the importing of data, the analysis of that data, being able to export this data to excel or other formats, and automatically generating the working papers at the conclusion of the audit. All the recommendations for Kudler Foods are to make the company more profitable and automated. Computer assisted auditing techniques (CAATs) â€Å"assist auditors in obtaining sufficient, reliable, relevant, and useful evidence to support predefined audit objectives† (Hunton, p.184). It is important that Kudler audit the accounts even though the company is not a publically held company. As outlined previously, this company recommends different auditing techniques depending on the area being audited, but highly recommends the findings and recommendations audit to ensure that the new system i s operating appropriately and the information is accurate. There are 10 key steps in the CAATs system that range from planning and implementation to documenting in the work papers.With each audit, it is critical that the auditor know what information is being looked for so when the data is accumulated, the auditor will understand the data and know if it is accurate. The auditor will work closely with the accounting personnel at Kudler to determine the objective of the audit. Based on the objective, the correct auditing format will be chosen. The ISACA Standards Board has issued guidelines governing the use of CAATs and provides guidance to the auditors. There are two categories of techniques that CAATs is used for.The first is to validate the application integrity, â€Å"the objective being to determine whether the source code has been compromised, either intentionally or unintentionally† (Hunton, p. 188). Tests might be run with a parallel simulation to determine if the soft ware is working properly. In this situation, the auditor will create a test set of data and run the auditing techniques against that data. If the system creates the expected set of data, then the system is working as it should. The second category is to verify the data integrity.This technique centers around data extraction and analysis to ensure the data is imported and exported correctly. With using an automated system, Kudler auditors can pull all the information and test for accuracy or abnormalities instead of only being able to pull a sample of the data. These two techniques help to validate the testing that will occur against the real data being reviewed for Kudler Foods. The CAATs is also used to detect any type of fraud that is occurring within the company.By using an automated accounting system along with the automated auditing system, Kudler has the ability to review 100% of the data and locate duplicates and gaps in the data. By using an automated system, Kudler can not only validate the integrity of the application and data, but also determine what could possibly be missing. A continuous audit technique might be one choice to consider for Kudler as it might work well for detecting fraud. A continue audit would be a program that is imbedded within the software that will look for things outside the norm. This would enable Kudler to find erroneous information faster.According to investopidia (2013), a continuous audit is â€Å"an auditing process that examines accounting practices continuously throughout the year. Continuous audits are usually technology-driven and designed to automate error checking and data verification in real time. A continuous audit driven system generates alarm triggers that provide advance notice about anomalies and errors detected by the system. † By using the continuous audit, this could be a time saver not only in auditing but in detecting the issues within the system and correcting them more quickly. System Integrity and Validation Kudler Foods Summary of RecommendationsThis company has established a new accounting information system to assist in all three stores. As part of this system, this firm recommends utilizing audit productivity software to enhance the system already recommended by this firm. Using audit productivity software will decrease the time necessary to audit the accounts as this will now be computerized. This will also increase profitability by decreasing money and time spent in the audit process and Kudler will be able to make alterations to the process more quickly than if audits were handled manually.Another recommendation by this firm would be the installation of continuous audit software that would continually monitor the data being input into the system. This would increase the effectiveness of auditing the stores. With the continuous audit software, Kudler would be able to follow-up on any abnormalities earlier as this software runs automatically. This would assist Kudler in handling any fraud issues that might arise as well. System Integrity and ValidationKudler Fine Foods hired this corporation to establish a new electronic data system to handle the accounting and inventory needs of the company. As part of the proposal, this company will recommend ways to audit the information that the system creates. Once the data has been input into the system, audit procedures can take place to ensure the information is correct and that the company is performing well. This company will help Kudler establish audit processes for each area of the business.As Kudler moves forward with the new automated accounting software as recommended earlier, it is important that an auditing process be established also. Since the accounting process has been converted to an accounting information system, computerized audit productivity software needs to be established as well. This will increase the productivity and profitability of Kudler because the data used by either internal auditors or external auditor s can be more quickly obtained and analyzed than doing the process manually. Kudler will need to determine which software works best for the needs of the company.Electronic work papers have many features to evaluate which include the importing of data, the analysis of that data, being able to export this data to excel or other formats, and automatically generating the working papers at the conclusion of the audit. All the recommendations for Kudler Foods are to make the company more profitable and automated. Computer assisted auditing techniques (CAATs) â€Å"assist auditors in obtaining sufficient, reliable, relevant, and useful evidence to support predefined audit objectives† (Hunton, p.184). It is important that Kudler audit the accounts even though the company is not a publically held company. As outlined previously, this company recommends different auditing techniques depending on the area being audited, but highly recommends the findings and recommendations audit to en sure that the new system is operating appropriately and the information is accurate. There are 10 key steps in the CAATs system that range from planning and implementation to documenting in the work papers.With each audit, it is critical that the auditor know what information is being looked for so when the data is accumulated, the auditor will understand the data and know if it is accurate. The auditor will work closely with the accounting personnel at Kudler to determine the objective of the audit. Based on the objective, the correct auditing format will be chosen. The ISACA Standards Board has issued guidelines governing the use of CAATs and provides guidance to the auditors. There are two categories of techniques that CAATs is used for.The first is to validate the application integrity, â€Å"the objective being to determine whether the source code has been compromised, either intentionally or unintentionally† (Hunton, p. 188). Tests might be run with a parallel simulatio n to determine if the software is working properly. In this situation, the auditor will create a test set of data and run the auditing techniques against that data. If the system creates the expected set of data, then the system is working as it should. The second category is to verify the data integrity.This technique centers around data extraction and analysis to ensure the data is imported and exported correctly. With using an automated system, Kudler auditors can pull all the information and test for accuracy or abnormalities instead of only being able to pull a sample of the data. These two techniques help to validate the testing that will occur against the real data being reviewed for Kudler Foods. The CAATs is also used to detect any type of fraud that is occurring within the company.By using an automated accounting system along with the automated auditing system, Kudler has the ability to review 100% of the data and locate duplicates and gaps in the data. By using an automat ed system, Kudler can not only validate the integrity of the application and data, but also determine what could possibly be missing. A continuous audit technique might be one choice to consider for Kudler as it might work well for detecting fraud. A continue audit would be a program that is imbedded within the software that will look for things outside the norm. This would enable Kudler to find erroneous information faster.According to investopidia (2013), a continuous audit is â€Å"an auditing process that examines accounting practices continuously throughout the year. Continuous audits are usually technology-driven and designed to automate error checking and data verification in real time. A continuous audit driven system generates alarm triggers that provide advance notice about anomalies and errors detected by the system. † By using the continuous audit, this could be a time saver not only in auditing but in detecting the issues within the system and correcting them mor e quickly.