The Federal Government Regulate The Insurance Industry

Background The federal government’s role is in regulating industries is to protect consumers and the market. There is an ongoing debate on whether the federal government should regulate the insurance industry as a result of the bailouts stemming from the Financial Crisis of 2008. Currently, state governments regulate the insurance industry. Proponents of federal regulation reason that states are inefficient in the duty of insurance regulation. Additionally, the federal government has economies of scale and may offer an increase in efficiency unlike state regulation. The federal government regulates industries due to inherent systemic risk to the country’s economic environment. Systemic risk is the risk of collapse of an entire financial system or market. (SOURCE) For example, banking institutions such as Lehman Brothers, Merrell Lynch, and Goldman Sachs were major contributors to the financial crisis in 2008 because these institutions were systemically significant to th e market. The insurance industry and the core activities of the industry, however, were not a major contributor to near-collapse of the American economy. The federal government should not regulate the insurance industry because it does not possess a systemic risk to the market economy, states have the ability and resources to regulate, and federal regulation would result in unnecessary costs from the federal budget. The Insurance Industry and Systemic Risk The first initial component to what constitutesShow MoreRelatedThe State Run Regulatory System942 Words   |  4 PagesThe Insurance industry is very heavily state regulated. According to the Government Accountability Office (GAO) study, the state run regulatory system is Federal verses State Regulation protecting the markets, insurance industry and policy holders and was evidenced during the financial crisis of 2008-09. The insurance business is highly profitable. â€Å"Well-run companies can make a lot of money, which breeds competition† from both â€Å"inside and outside competitors† (Property, 2013). Insurance companiesRead MoreThe Pharmaceutical Industry1566 Words   |  7 PagesAlong with saving lives and helping people live an ordinary life in comfort, the pharmaceutical industry makes billions of dollars every year; money that is invested in research/development as well as lining the pockets of shareholders. However, i n the past two years the system has been abused by those hoping to make a hefty profit from buying or acquiring a drug and then raising the price ten or twenty-fold, often with the simple reason of greed or matching what other companies do (Johnson). OccasionallyRead MoreInstallment Loans : Let The States Decide Essay964 Words   |  4 Pagesfrom their next paychecks despite industry warnings against the practice. This often leads some people to become trapped in a cycle of debt, which is a primary reason that industry critics give for opposing payday, auto title and short-term loans. Many of these payday lenders now offer installment loans to satisfy critics, consumer demand and losses of interest income due to payday lending restrictions. However, controversy continues to grow about whether federal regulators should have an expandedRead MoreUniversal Health Care At The United States1458 Words   |  6 PagesMedicaid into law during the early 1960s (Andrew and Walter, PBS). Anot her milestone of universal health care is when President Obama passed and signed the â€Å"The Affordable Care Act† in 2010, which opened a Federal healthcare marketplace and the requirement for all American to have a health care insurance (Andrew and Walter). However, the cost of health care dramatically increased. The Affordable Care Act (ACA) is not a good policy as health care cost is too high and many American are still uninsured. Read MoreGreat Depression and New Deal Study Guide1119 Words   |  5 Pagesbenefits for victims of industrial accidents, unemployment insurance, and air for defendant mothers and children, the blind and physically disabled. | Fair Labor Standards Act- This banned child labor and set a minimum wage. This law was a long awaited triumph for the progressive-era social reformers. | National Labor Relations Act (Wagner act) - Reestablished the NIRA provision of collective bargaining. The federal government again protected the right of workers to join unions and engageRead MoreThe Issue Of Universal Health Care1705 Words   |  7 PagesMedicaid into law during the early 1960s (Andrew and Walter, PBS). Another milestone of universal health care is when President Obama passed and signed the â€Å"The Affordable Care Act† in 2010, which opened a Federal healthcare marketplace and the requirement for all Americans to have health care insurance (Andrew and Walter). However, the cost of health care dramatically increased since the Affordable Care Act was signed. The Affordable Care Act (ACA) is not a good policy as health care cost is too highRead MoreObamacare And Affordable Care Act1728 Words   |  7 Pageshard working citizens and the God-given freedoms we possess. America has contributed countless scientific and medical discoveries and accomplished feat s deemed impossible by others. The wealth and progress in this country was not brought about by government intervention and supervision, but from individuals who had the freedom to do what they did best. Because of this freedom, America’s healthcare is currently unmatched anywhere in the world. Though other countries may tout free healthcare, they makeRead MoreThe Constitutionality Of The Affordable Care Act2997 Words   |  12 Pageson insurance coverage in the United States. According to Webster’s Dictionary, â€Å"insurance is a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.† The statutory power to regulate the business of insurance comes from a 1945 ruling by the U.S. Supreme Court that prompts Congress to enact the McCarron-Ferguson Law giving individual states the power to regulate theRead MoreAnalysis Of The Health Care Industry1088 Words   |  5 PagesThe health care industry has the highest percentage of occupational hazards of any workforce industry (SIC division structure, 2015). To control these numbers, several state and federal agencies were established to regulate risks to health and personal safety. (OSHA) is one such agency was established to cover all workforce industries, including health services and insurance. The regulatory authority of OSHA is ranged to cover many types of occupational hazards and hazard communication. OSHA proceduresRead MoreWilson vs. Roosevelt: the Better Progressive President? Essay747 Words   |  3 Pageseconomic competition and permit small businesses once again to flourish. While the federal government was to use its power on a one-time basis to bust all trusts, the federal government was to have no role in regulating business. Any regulation would have to be done by state governments. This contrasted markedly with Roosevelts New Nationalism, which called for an even stronger role for the president and the federal government in regulating the economy and curbing the abuses of corporate power. New Freedom

Poetry from Anthology Free Essays

In this essay I will be exploring how the poets expressed their views in a strong and effective way. I shall be writing about three poems. †¢ Base Details by Siegfried Sassoon †¢ On the life of man by Walter Raleigh †¢ Those bastards in their mansions by Simon Armitage Base Details Siegfried Sassoon In this essay I will be describing the contrasts and explore the attitude of the poet in a strong and effective way. We will write a custom essay sample on Poetry from Anthology or any similar topic only for you Order Now This poem is written by Siegfried Sassoon, who was a soldier during the First World War. He used the majors and the soldiers as protagonists of this poem. The poet has described the physical attributes of the majors who would stay at the base, because they were fat, short of breath. Siegfried uses number of abusive and mockery words to describe their behaviour towards one another. In the beginning of the poem the poet says that he’d live in with the majors at the base. He used abusive and mockery words to describe the physical attributes they posses. The poet says that â€Å"Bald†, â€Å"short of breath† and â€Å"scarlet†. The word â€Å"bald† means that they didn’t have any hair on their head, and â€Å"short of breath† refers towards their shape and body figure. The lexis† scarlet† has a lot of meanings, but in their case it means that they were guilty. The majors were the main reason for the death of the soldiers. These three words highlight the characteristics of them, as well as it was mentioned in the first two lines of the poem. Afterwards, Siegfried immediately talks about the soldiers whose fate was inevitably a fateful misery. The author observes the fact that, they were active and they used to get forced towards the frontline. This is evidenced from the poem he states that: – â€Å"And speed glum heroes up the line to death†. Nevertheless, since they met their fate bravely and gave their life in the war, this made them a true hero. Additionally, the poet goes back to the description of the major’s actions. So the poet uses the word â€Å"Guzzle† and â€Å"Gulp† in the â€Å"best hotel†. In this context the poet describes that the poet himself and the majors would eat and drink in an excessive manner. Therefore the word â€Å"guzzle† means to eat in an excessive manner, and the word â€Å"gulp† to drink in an excessive manner as it makes a gulping sound, therefore the poet used them two word to make it effective. Moreover, since the war is still happening the majors would continuously eat and drink. To such an extent that the poet has described their faces as â€Å"Puffy† and â€Å"petulant†, the poet has used the mockery words again to describe the majors. The word â€Å"puffy† means that they would be fat and â€Å"petulant† means to be swollen. Afterwards he uses the sarcasm attitude towards the soldiers by stating: – â€Å"Poor young chap, Roll of Honour is an alliteration which the poet has used. I’d say†. He’d say â€Å"poor young chap† to show their grief towards the soldiers, and â€Å"Roll of Honour† is a faceless list of names of the soldiers. In reality the majors weren’t really cared for them whilst they were burying the soldiers. Nevertheless, after burying them they would continue their sarcastic conversations about their innocent soldiers. Siegfried proofs this from the poem he says that â€Å"I’d say I used to know his father well; yes, we’ve lost heavily in this scrap†. This shows up their fake and strong relationship between them. He also mentions the word â€Å"scrap† to describe the war. The majors would describe this war as a scrap. This war means nothing to them, regardless they’ve lost heavily amount of soldiers. This part of the poem is a technique of euphemisms. This war was like a board games, how a player would sacrifice a counter to gain victory. In conclusion, the poet gives a scenario or a clear contrast of the soldiers and the majors. They’d be scattered everywhere. I mean that the majors would â€Å"toddle† due to their fat and overeating. Therefore they’d walk slowly and safely, since they are not at the battlefield. On the other side, the soldiers would be â€Å"stone dead†; this means that they would be still dead at the battlefield. Finally, the rhyming scheme of this poem is (ab, ab, cd, ee,). Also the last two lines of this poem is known as† Rhyming Couplet†. Since they rhyme at the end and those two words are â€Å"dead† and â€Å"bed†. Those Bastards in their mansions Simon Armitage This poem is written by Simon Armitage, he has dedicated this poem towards the poor people, and this poem is from the collection of ‘taking a stand’. This poem features the division between the poor and the rich. Simon Armitage is totally against it; therefore he is taking a stand protecting the poor from the rich. Thus, I will be explaining this poem. Firstly, the author is referring the rich people as ‘bastards’ which is on the first line of the poem, because if there was to be a poor walking in front of their house they would ask each other â€Å"who is he? †, â€Å"why is he dressed in that manner? † where is he from? † etc. That’s why the author referred them as ‘bastards’. In this situation the rich people would be alarmed and clutch their possessions closer. After while, he says that he would save the poor masses and protect them from different kind of destruction, and bring them a form of benefit. â€Å"I’d poisoned the dogs and vaulted the ditches† gives a form of proof from the poem itself. Moreover, there state is really ragged because not only there’s a division between them, the poor people would also get oppressed by the rich. Thus, Simon Armitage decides to break through the front door, it is also evidenced form the fifth line of first stanza, so that he would bring them benefit. This is clearly observed in line six. † The gift of fire from the burning torches. These properties are like gift thus he used the word ‘gift’ to show the preciousness of it. This part of the poem refers towards the Greek mythology about Prometheus and Zeus. Prometheus was Greek God and also the first god to create human beings. Not only that he stole fire from Zeus and distributed it towards the whole of humanity. Zeus became really furious, upon knowing that Prometheus gave a precious element to the mankind. Therefore, Zeus punished Prometheus by chaining him to the peak of a mountain, so that everyday eagles would peck from his liver. Since, Prometheus was immortal each night his liver would grow back. Nevertheless, after distributing the properties he would teach them how to get rid off themselves from the great oppression and how to take a stand against the cruelty of the rich. Thereafter, since they don’t have any weapons to face against the rich, what they would do is that they would use the same chains and shackles which they were tied by. They use those chains to take a stand against the rich and break the division of the privileged ones and the non-privileged ones. In conclusion, the poet is alarming himself bravely in the second line of third stanza that â€Å"they’d have me sniffed out by their beagles†. Simon speaks regarding their troops of dogs, which the rich would keep to guard their properties. Since in the beginning of the poem talks about poisoning the dogs, therefore the dogs certainly will be able to catch and he’ll get imprisoned as well as face other severe consequences. But on the last stanza he says that â€Å"me, I stick to the shadows carry a gun†, here the poet clearly and bravely shows himself that he’s fearless and he’d hide himself from those bastards in their mansions. On the life of Man Sir Walter Raleigh This poem has been written about the life, by using extended metaphor throughout the poem. It also gives a bit of idea by looking at its title. It has been written by Sir Walter Raleigh. He has expressed his attitude and his views towards this life as a form of ‘Sacrifice’. There are other numerous views regarding this life. I will be exploring his attitude in a strong and effective way. In the beginning, Sir Walter Raleigh asks a rhetorical question that â€Å"What is Life†. Then he gives immediate response by saying â€Å"A play of Passion†. The word â€Å" play† is referring towards the life, meaning that how it works or it carries on etc. in this context it is blatantly giving the indication towards a theatre play. The poet has used the theatre play to show the example of life. Then he tells the situation of life, therefore he says his opinion upon saying the word â€Å"passion†. Passion is giving the meaning of going through strong emotions and lot of sacrifices. There are many people who’d go through sacrifices in their life. The most famous example is Christ, who went through lot sacrifices, to such an extent that he died to take away his people’s sins. Later on, he states that there is a small amount of laughter or amusements takes place in our life. He compares this amusement as a small amount of time. Therefore, he says that â€Å"Our mirth the music of division. † He indicates this back to the play, this shows that when all the actors go for a short interval. Whilst some orchestra will appear on the stage to entertain the audiences as well as some will eat, talk, or go to the toilet. This is done so that they can split up the acts. Additionally, the poet talks about the beginning of life. He takes the human beings as actors and a place where they would get dressed. He states â€Å"Our mother’s womb the tiring houses can be†. He uses the word â€Å"womb† to link it towards the green room, and then the poet elaborates more about this point to show what happens. He states further upon saying â€Å"Where we are dressed for this short comedy†. Sir Walter supports the view of life as short progression of time; therefore he has mentioned the word â€Å"short† as well as â€Å"comedy†. The word â€Å"comedy† refers towards a play which ends happily. Moreover, Sir Walter Raleigh identifies a link of life with God. He asserts that God is watching us sharply, thus he quotes â€Å"Heaven the judicious sharp spectator is†, he is using metaphor to make God as our audience. The poet strongly believes that he will get accounted for whatever he does in this life. Therefore, he explains further that god is looking over us continuously and judging us according to our actions. He says â€Å"That sits and marks still who doth act amiss†. Meanwhile, the author describes the grave where everyone will end up at the end of their life. He quotes† our graves that hide us from the searching Sun†. The poet is using the word â€Å"hide† to show that the earth will be filled over us. He uses metaphor of the stage again, like the way he has mentioned at the beginning. He gives an example on saying that â€Å" Are like drawn curtains that when the play gets done the curtain draws close, exactly the same way a life of a person ends by filling earth over him/her. Finally, the poet ends this poem describing the progression of time. He states â€Å"thus march we playing to our latest rest†. The word â€Å"rest† shows that they’ll be in luxury in the next world, since a person has sacrificed or take this life as strong emotions. It also show that the poet is being theist based on this fact. Then on the last line he says â€Å"only we die in earnest and, that’s no jest†. He is referring towards the poem once more that, this life is nothing or it has no value to him. Therefore, he has mentioned the word â€Å"earnest† and â€Å"jest† to show that we truly die and that’s no joke nor it’s fake. How to cite Poetry from Anthology, Essay examples

Project Execution and Control Financial Risk

Question: Discuss about theProject Execution and Controlfor Financial Risk. Answer: Risk Management Plan Risk Identification and Assessment The possible risks for this case study are as follows. Financial Risk Due to the large size of the stadium, the cost of construction will be significantly high. Hence, there is a very high chance for financial risk. The main reason behind this risk will be inaccurate cost estimation during the project planning phase (Phillips, 2013). For instance, let the estimated cost for the stadium construction is $15 million. On the other hand, the actual cost of construction comes out to be $25 million. In this case, the company will lose a huge amount of funds. This will significantly reduce the cost benefit that has been estimated during the project planning. Hence, accurate cost estimation is necessary to avoid financial risks. Poor Quality of Materials The stadium is a huge structure that will hold more than 40,000 spectators during a game. Hence, it is important that the stadium be built with the best quality of materials in order to avoid accidents during a game. Even small accidents can cause fatalities in the crowd. Poor quality materials will result in high chances of accidents when the stadium is fully packed with spectators. Accidents Another major risk during the construction phase is unforeseen accidents. This mainly occurs due to mishandling of large instruments like cranes, lifters and others (Turner, 2014). Due to these accidents, some on-site workers may lose their lives. Hence, it is necessary to be careful during the execution of the construction phase. Other Risks There are chances of other risks as well that include political, social, cultural and others. These risks can be mitigated if proper precautions are taken before the execution of the project. The following table shows the risk register including risk probabilities and impacts. Type of Risk When Risk Can Occur Response to Risk Consequence of Risk (e.g., High/Low) Likelihood of Occurrence Priority Financial During and after the project Extra funds, new sponsorship deals Extreme High High Poor Quality Materials After the project Selection of reliable vendors for the supply of materials Extreme Medium High Accidents During construction Installation of first aid and safety structures, controlled operations of large instruments High Low Medium Other Risks (Political, Social, Environmental, etc.) Throughout the course of the project Compliance with government and construction rules and guidelines Medium Low Medium Risk Management and Reporting In order to mitigate the risks identified for this project, the company needs to develop risk mitigation strategies for the project. The suggested mitigation strategies are provided as follows. Financial Risks For avoiding financial risk, it is important to avoid errors in cost estimation during the project planning phase. Hence, the company should take up a suitable strategy for cost estimation. For this purpose, the company should execute more market analysis studies to learn the changes in prices of the materials that are needed for the construction (Klakegg, 2016). Moreover, the contractors should be chosen with some fixed contracts so there are no deviations from the costs spent to pay the contractors. Finally, the company should use softwares for more accurate cost estimations and cost benefits. Another recommendation is that during project planning and cost estimation, the company should also consider some buffer budget that can be used during emergencies. Poor Quality Materials The company can call tenders for selection of a suitable vendor of the materials needed for the construction of the stadium. The terms of the contract should be such that the vendor provides the best qualities of materials or legal actions will be taken against them. Accidents The company must take suitable steps to minimize chances of accidents during the construction. Safety equipments and first aid systems must be used to ensure safety of the on-site workers (Liu, Meng Fellows, 2015). Moreover, extra precautions should be taken in order to prevent mishandling of large equipments that result in serious and fatal accidents. Other Risks The company should ensure the project is executed by following legal, government and environmental policies and guidelines. Necessary legal paperwork must be done and signed before the project is executed so that there are no further complications in the future. Stakeholder Roles Stakeholders play the most important roles in mitigating the risks encountered during the project. During the risk management activities, the project manager must take an active part and ensure the project is executed by following all the construction rules and guidelines. Moreover, he should also ensure proper safety measures are taken during execution of the construction (Cagliano, Grimaldi Rafele, 2015). The financial manager should ensure the cost estimation process is accurate and the project costs should not exceed the project budget by a long margin. The construction manager should ensure the qualities of materials are not poor and the operations are executed carefully and within safe environment. References Cagliano, A. C., Grimaldi, S., Rafele, C. (2015). Choosing project risk management techniques. A theoretical framework.Journal of Risk Research,18(2), 232-248. Klakegg, O. J. (2016). Project Risk Management: Challenge Established Practice. Liu, J., Meng, F., Fellows, R. (2015). An exploratory study of understanding project risk management from the perspective of national culture.International Journal of Project Management,33(3), 564-575. McNeil, A. J., Frey, R., Embrechts, P. (2015).Quantitative risk management: Concepts, techniques and tools. Princeton university press. Paul, V. K., Basu, C. (2016). Scenario Planning and Risk Failure Mode Effect and Analysis (RFMEA) based Management.Journal of Construction Engineering and Project Management,6(2), 24-29. Peixoto, J., Tereso, A., Fernandes, G., Almeida, R. (2014). Project Risk Management Methodology: A Case Study of an Electric Energy Organization.Procedia technology,16, 1096-1105. Phillips, J. (2013).PMP, Project Management Professional (Certification Study Guides). McGraw-Hill Osborne Media. Turner, J. R. (2014).The handbook of project-based management(Vol. 92). New York, NY: McGraw-hill.

Naked and Afraid free essay sample

She was naked, and I was afraid. I stood engulfed in darkness as shadows shifted around the steamy room. Sharp tongues called to one another in a language alien to me. I stripped down to nothing but a pair of sandals and followed my aunt and mother into an adjoining room. The outlines of women of all shapes and sizes knelt next to one another laughing and conversing as hot water was dumped over their heads. I sank onto an icy bench in between my aunt and mother, and flinched as scalding water was sloshed over me. Calloused hands covered with cold dark mud appeared and slathered me from the neck down. The next room was almost pitch black; only tiny windows, covered with a film of dust, cast a dim glow. Women lay eerily still on stone beds completely naked, almost resembling a morgue. I slowly hoisted myself on top of one of the stone tables and immediately a hard stream of water stung me, washing away the mud. We will write a custom essay sample on Naked and Afraid or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Impatient hands began to scrub my skin raw, as if not only layers of skin were being sloughed off, but also layers of camouflage that had taken months to acquire were being scrubbed away. Of every new experience I encountered in Morocco, this was undoubtedly the most revealing. These women, who I had previously only been able to identify by their eyes, were completely exposed, all of their layers of kaftans, class distinction, and disguises completely dissolved. I realized here in these dark and sweltering rooms that these women, with every culturally enforced veil, mask, and concealment stripped away, were not so different from any America-born woman, including myself.

To what extent did organised c essays

To what extent did organised c essays To what extent did organised crime and The Mafia cause Prohibition in the USA, 1919 to 1933, to fail? When answering this question, it is important to define the terms within it, specifically The Mafia. American history is inseparable with the role of the gangster and the mafia and its notoriety grew immensely during the time period. It was largely due to the Prohibition Laws that enabled them to get such a strong grip on society. Even after the amendment was repealed, they had established themselves within American life and culture and simply moved on into gambling, prostitution and security, all aspects that we associate the mafia with today. During the First World War, the government had placed a temporary ban on alcohol. It was seen as though alcohol, which was largely brewed by German companies, was inappropriate and led to social problems. It was also seen as using up vital crops that could help the war effort and many business leaders, John D. Rockefeller in particular, believed that workers would be more industrious if alcohol was removed from society. And so, in 1919, through the 18th Amendment to the Constitution, ...the manufacture, sale, or transportation of intoxicating liquors...is hereby prohibited.1 The Volstead Act, which was passed by Congress in 1919, gave the amendment a law and so could be enforced judicially. It copied the amendment, prohibiting the manufacture, transportation and sale of beverages containing more than 0.5 per cent alcohol. However, by 1933, prohibition had been repealed by the passing of the 21st amendment to the constitution. The period that saw this huge political and social change within society, the 1920s, was a difficult period for the USA and also the World. Many place the Great depression, caused by the Wall Street Crash in 1929 as a contributing factor to the repeal of prohibition. Many suggested that if...

Annual Day Essay Example for Free

Annual Day Essay Field trips: Post office, Super market, Traffic Signal, Fire station, Horse stable, Plant nursery, etc. Goals: The goal of MapleBear schools is to establish an enthusiasm for learning and knowledge in young children that will serve as a foundation for future success in the education system and in life. In development of the MapleBear program, we have drawn on the best practices in early childhood teaching and learning. MapleBear recognizes that literacy in English is absolutely fundamental to a child’s success in English medium schools. The MapleBear Methodology is based on the well established principle that children learn through experience and exploration. The program reinforces and builds on this positive attitude by offering varied stimulating and enjoyable experiences. The knowledge and skills that children acquire by the end of kindergarten, along with positive attitudes to learning that children develop in these early years form the basis of effective learning in later years of school. Aim: This year our aim is â€Å"Accelerate Success†. We have had a very strong growth year in 2010 and we are continuing to build momentum as we enter 2011. Our vertical segment focus is our children’s key elements en route to their success, Success as your child defines it. Our strategy is working, towards the need of our children resulting in their overall development . Our Facilitators will have a number of opportunities to learn more about our well proven curriculum and its execution. We will share with you our roadmaps, which will allow you to interact, involve and participate as parents. In the past year, we have achieved our mile stones and are setting much more aggressive mile stones for this year. We are open for ideas, suggestions & feedback from you. We want to Initiate, Analyze and Implement. To do this, we need Innovation, freshness. Please partner with us in this journey to Accelerate your child’s Success. Annual Day. (2016, Dec 09).

Through referenced literature and examples, examine the range of Essay

Through referenced literature and examples, examine the range of theories of what an entrepreneur is and how they contribute to the economy and society - Essay Example the term is applied, certain elements are constant: entrepreneurs are persons of certain psychological qualities and unique abilities who, through these qualities, contribute wealth and energy to an economy and social benefits beyond business. There are a whole range of theories as to what makes an entrepreneur. Regarding the assertion that entrepreneurs are born, not made...Shane (2010) asserts this may be only half true if one is speaking about genetic traits. One of the more modern empirical investigations was done by Collins and Moore and published in their exceptional analysis in The Enterprising Man. (delete words) Seeking to prove their theory that entrepreneurs represents certain psychological traits, they employed the Thematic Apperception Tests (TAT) test. The subject, presented with a set of cards with human figures in a variety of settings, creates a story including elements describing the event shown; what has led up to it; what the characters in the picture are feeling and thinking; and the outcome of the event. The test assumes certain results about the subject’s personality in relationship to entrepreneurship—workaholics rarely every satisfied; patronizing with subordinates; suspect and rejecting of authority—that within the Collins and Moore psychological profile theory represents early childhood relationships with adults in the entrepreneurs life. (Roberts, 1991: 50). Throughout other studies, however, while there appears to be a clear relationship between entrepreneurship and achievement motivation across a number of measurement instruments (Edwards Personal Preference Scale, the Mehrabian Scale, and the TAT (1) Sexton and Bowman (1986) found inconsistencies that challenge the blind acceptance of this theory, and that ‘students and nonstudents (entrepreneurs, potential entrepreneurs, and nonentrepreneurs) differ on a variety of characteristics which are supposed to be stable across time and situations according to personality

UNITED NATIONS AND INTERNATIONAL LAW Assignment

UNITED NATIONS AND INTERNATIONAL LAW - Assignment Example Its formation was with an aim of with promoting dignity and good international relations, uphold good environmental efforts and ensure peace through disarmament policy1. However, the recent Liberia crisis that led to ousting of its leadership has raised growing concern about the commitment of U.N in fostering peace. Throughout period, the Rwandan genocide continued the Democratic Republic of Congo (DRC) conflicts among many other examples have painted a bad picture of the ability of U.N to upheld peace2. The military action in Libya that led to increasing loss of lives and rise in humanitarian crisis was a big blow to the United Nations goal of sustainability of peace. In this paper, I examine historical functions of United Nations in Africa and beyond. The continued effort to ensure peaceful coexistence in Africa and the historical background of the United Nations and peacekeeping missions in Africa will form the basis of this essay. In addition, I argue that there have been many controversies. Peacekeeping has been ratified by the Charter of the United Nations as an important strategy that gives the Security Council powers to take collective action to ensure peace prevail. There are two primary means of promoting peace through the United Nations, firstly the troops that comprise representatives from member countries is set to undertake the mission. In other incidences, the United Nations authorizes regional bodies such as North Atlantic Treaty Organization (NATO), African Union and other regional bodies to undertake peaceful settlement of peace. Today, Africa is the biggest source troops to the peacekeeping missions. Coincidentally, Africa has seen the worst history of civil unrest, destabilization of the government over the past three decades. African continent bore the greatest brunt of peacekeeping mission. As early as 1960-64, Congo experienced severe civil unrest leading to intervention by the UN through formation of United Nations

The beach descriptive essay Essay Example for Free

The beach descriptive essay Essay The look of glee on people faces is the look that you might expect from a child on Christmas day. Why this look? They are on the most amazing place on earth truly it’s a gift from God Himself the â€Å"beach†. The beach is a quiet and peaceful place but at the same time it can be so noisy because the number of people that are on this beach is as if the new iphone 5 is being sold. You just have to allow yourself to become that carefree kid again and let go. As I look out to sea I hear and see the waves crashing down so eager to get to the shore line and I think how can something so beautiful be so deadly at the same time? I am completely unaware of my surroundings as I am lost deep in thought. I hear nothing. Then I am taken aback by the sound of a child’s pure laughter a sound that you would only expect to hear from a child but wait! It’s not a sound of one child laughter it’s a sound of a whole family completely care free and undaunted by the problem they have, for now the biggest problem they have is who’s sand castle is the best. All they want to do is enjoy these memories in the making and have fun. If you are not careful you might let go of you worries and fear and become a child again. On this sunny beach the hot sand is messed up from people walking on it, making sand castles, hand prints from little kids who are so eager to get themselves messy and my personal favorite foot prints in the sand from big and little kids all alike. I look at the sand as I am walking and I realize just how many sand dollars, seashells and rocks are hidden in the sand just barely visual to a wandering eye. It is like they are playing a game of peek-a-boo with you, not wanting to be caught but also not wanting to be unaware of their surroundings. Read Also:  Good Descriptive Essay Topic

Roosevelt and the Great Depression Essay -- History Politics Historica

Roosevelt and the Great Depression The Great Depression of the 1930’s was a great blow to America especially after the seeming prosperity of the twenties. The depression was a result not of false prosperity in the twenties, although the distribution of wealth was very uneven the affluence was very real, but rather from a lack of economic and political maturity to address the problems either before 1929 or as a cure post 1929. The Great Depression is often seen as a result of the twenties when rather it was a failure of the thirties. If the necessary policies had been drawn up in the twenties there would have been widespread hatred for these policies by the wealthy ruling class. This would have made them impossible to implement. It is only during the depression that they became a remote political possibility. Since most of these measures were never tried by either Hoover or Roosevelt we can only speculate as to the level of political acceptance such measures would have encountered. Roosevelt's main measure in combating the Great Depression was the implementation of the New Deal. When Roosevelt excepted the presidential nomination he said â€Å"I pledge you, I pledge myself, to a new deal for the American people†. The New Deal, which was never clearly defined, became the label for the measures undertaken to combat the depression. This New Deal sparked off one of the most concentrated bursts of legislation in American history. In 1933 Roosevelt took up office in the face of an economic crisis. Massive unemployment had swept the country and a banking sector in crisis. â€Å"The New Deal was already in the oven, only half-baked, but it had to be served quickly† it was perhaps for this reason that the barrage of legislation lacked a cohe... ... reversing the policy of fiscal conservatism into one of increased defence spending which brought a boom to many industries. Many of the gains of Roosevelt’s actions are in the long term. Even though many of his government agencies ceased to exist some key reforms were made, especially with regard welfare and the banking sector. The New Deal, though of dubious economic value, set in motion long-range trends toward governmental expansion and modernisation. Works Cited: Burns, J.M. 1956, Roosevelt the Lion and the Fox 1882-1940: Volume One, Harcourt, Brace & World, New York Conkin, P.H. 1968, The New Deal, Routledge American History, London. Graham, O.L. 1967, An Encore for Reform: The Old Progressives and The New Deal, Oxford University Press, New York. Hill, C.P. & Fell, G.H. (eds), 1975, Franklin Roosevelt and the New Deal, Edward Arnold, London

Blue Ocean Strategy Paper Essay

The Blue Ocean Strategy focuses on the three industries that closely touch people’s lives. Areas they looked at were Autos, Computers and Movie and what companies within those fields are doing to managing sustainable profit and growth through the test of time. The creation of a blue ocean strategy places its focus on strategic moves to place their brand in position long past its rise to fame. Rather than focusing on creating a company and battling your competitor’s blue ocean strategy gears to forecasting innovations and products to make oceans of uncontested market space. (W. Kim, 2004) A product strategy that is much a product of managerial action, rather than the creation or invention of new market space but the development and evolution of the products rather than the company. Primary Strategy & Importance The blue ocean strategy takes a look at the host of companies in the thirty plus industries and the key players within them. The process of analyzing and studying the leading and successful players and the unsuccessful and failing competition. Looking for distinct and common differences between the groups, as well as the commonalities to discover the common factors that lead to the successful growth of one and failings of the other. The consistent variable common pattern that shows focusing on competition does not provide for long term successful companies. The common practice is the within the market place the competition style strategy has little advantages to it. (W. Kim, 2004) The irrelevant old school theory that out doing your competitors was not the road to take that leads to profit and success. Placing the value in innovation and creation will lend itself to a new demand and achieve a value that has a largely dominate market with high pay  offs and leave an ocean that separ ates you from the completion. The creation and break out of strategic pricing and targeting the strategy of new demands and thinking of new ideas that competitors are not offering with strategic pricing and low cost you can create a new market that is far beyond the industry and competitors you seek to outdo. Marketing from the point of view of the customer or consumer rather than what planning and research will outdo your competition shows no long term successful models, and the continual innovation and meeting the visionary demands of a new market will leave you as the sole leader of a this variation of new product. Similar Strategic Move Blue ocean strategy shows the critical importance of focusing your strategy not on competition or trying to reinvent the wheel, but innovation and creation of demand that in 20 years will be the trend the need and meet the customer needs that competition (established or not) have failed to see. Important factors of use of the company talent and resources such as cost and general broad customer generic products will satisfy the moment but mostly established players succeed and ride the roller coaster of size and market share. The best example that uses the blue ocean strategy is the Fitness industry and the success of Health Clubs. The gym and fitness industry is a mostly new industry in America and since the 1970’s/1980’s has had more than its fair share of failures as the innovations and offerings mixed with demand were not there. The importance of health and taking care of yourself as well as the eternal trend of looking good was a trend that was gaining strength and today has become a way of life (or you will have no life you will be dead). Gold’s gym which is credited for taking the fitness gym to the level of meeting a way of life in America that has now become a way of life. Insurance companies, doctors, social circles, advertisements, daily activities and stamina, and the demand of your own mother to exercise stay in shape, be healthy is a must. Your insurance companies, your employer, social circles even give discounts, benefits and incentives for those who enroll in gyms and health clubs. Today Gold’s gym has survived the revolving door of new gym clubs that come on the market and leave. Various fitness trends have made things such as cycling, weight lifting, yoga, kick boxing to launch sub-specialty industries who match the services  and demand for health and fitness in huge industry. The estimated revenue of health clubs in the US being $25 Billion dollars a year, and an estimated database of over 48 Million members in America (1/8 of the total US Population) the industry started just thirty to f orty years ago is huge. (Statista.com, 2013) Innovative ways of bring people in to use their facilities and offering of different amenities and services has been the key to what companies will stand the test of time and which will fold. Trying to out price the customers has led to the closure of many successful gyms (in their time) however, not using innovation that would separate them from the competition in terms of staying a head of the curve for demand and trends lead to their closure. Companies that have taken risk such as LA Fitness and 24 Hour Fitness may very well be huge money makers and leaders in the market but take on many elements of those that focused on coverage and competition. Their size may make it difficult for creative new products and services as they have hundreds of clubs in several countries that employ thousands of people that need to be trained and adjusted. Strategy today continues to lend to the success and meet demands and needs of the industry customers want such as multiple locations, low cost, and amenities. Red Ocean Version Pro & Con An alternative red ocean move for the health club industry is Belly’s Total Fitness. A onetime industry leader and attributed for making the health club business a chain group in the US is now all but dissolved and absorbed by larger and constantly redeveloping competitors such as LA Fitness and 24 Hour Fitness. The signature and staple business model may have been both the success and failure of the business. Offering multiple locations within the same network and multi-amenity locations that put them as an up and coming trend that cast a shadow of industry leader Gold’s Gym. The growing health clubs such as LA Fitness, and 24 Hour Fitness observed the success of Belly’s and began to open up locations with similar features, but at lower cost to members and offering the latest and greatest in programs, equipment and services. The blue ocean strategy that LA Fitness and 24 Hour fitness use of reading the trends and demands of members and following the strong national focus of fitness and health has allowed them to consume the once leading and fellow competitors growing their network and member base to  levels never expected. With the industry being so new it’s hard to see if places such as LA Fitness and 24 Hour fitness will last the test of time is a question only time can answer. What I do know is that if they are executing an effective strategy of innovation versus the research and development and focusing on and competitor intelligence will show no advantage for their market share and long term profits. Conclusion The fundamentals of blue ocean strategy rest solely in the creation of value seen by the customer and lower cost while simultaneously differentiating your brand, product or service within industry and rejecting old world style tunnel-vision focus strategy of your competitors. By delivering these important features of blue ocean strategy you create a sustained powerful impact on a distinct market that benefits what would have been your competition and creates blue oceans of new opportunity that spin off into a new existing market that you have all to yourself. References Perreault, W. D. (2011). Basic Marketing: A marketing strategy planning approach (19th ed). New York: McGraw-Hill Irwin. Statista.com. (2013). U.S. Health Club Industry . New York: Ipsos Media, Simmons National Consumer Studies and Consumer Insights from Scarborough Research. W. Kim, R. M. (2004). Blue Ocean Strategy. Harvard Business Review, 10(86), 76-84.

Consumer Durable Insustry

Contents The impact of advertisement on the buying behavior with reference to the consumer durables 1. Introduction 2. Theoritical background of the study 1. Advertising and advertisements 2. Advertisers 3. Advertising agencies 4. Support organization 5. Media 6. Consumers 7. Advertising as marketing tool 8. Role of advertising in modern business world 1. Industry background 1. Refrigerator industry 1. Design of the study 1. Statement of the problem 2. Need for the study 3. Operational definitions of the study 1. Sources of the data 1. Data collection instrument 2. Data processing and analysis . Outcome of the study 2. Analysis and interpretation 3. Conclusion Abstract : Theses The consumer durable industry in the past few years has seen tremendous growth. Advancements in the technology, government support and increased level of interest among the private players into the industry has given rise to the healthy competition between the various brands. Different companies are using diff erent advertisement strategies for building and managing of brands. Advertising in electronic media and newspapers are key advertising areas in designing the advertising strategy.This study was carried out to identify the advertising strategies of different companies and to know the impact of advertisements on building and managing of brands in consumer durable industry. As there are many products that come under consumer durables, it is necessary to choose one product among them in order for market research. Hence this study was done in consumer durable industry in general and refrigerators in particular. This was research also done to identify the major influence of advertising in buying the favorite brand and to identify the impact of electronic media advertising on purchase decision.A structured questionnaire was used to collect the consumer responses on their awareness about different refrigerator brands, their media of information and impact of advertisement on their purchase decision. Three popular brands were mainly identified after conducting interviews with the consumers and these brands were used in the questionnaire for evoking the responses of the consumers. Random sampling was used to select the sample unit. The sample size was limited to 120 numbers selected from different source.The data collection involved taking responses from different people like, students, businessmen, housewives, executives etc also they belonged to different age groups and income groups. Tags: Impact of advertising on consumer buying behavior, Advertising and buying behavior, Impact of advertising in the modern business world More abstract from The impact of advertisement on the buying behavior with reference to the consumer durables [†¦ ] The aim of the study is to find out how effective advertisements are in making a consumer prefer a particular brand in the consumer durable industry.To find out the consumer reactions to advertisements and to the hypothesis, that â€Å"Advertisements in the TV and Print media has a significant impact on Consumers buying behavior with reference to consumer durables†, had to be tested. The other objectives were to verify brand recall and to generate advertising strategies for the companies. This study was explorative in design as it deals with consumer perception about advertisements and their effects on brand recall. [†¦ ] [†¦ ] OBJECTIVES OF THE STUDY Primary Objective: ? To understand the impact of advertisements on the Buying behavior of the consumers. To study the advertisements of the respondent companies, with reference to refrigerator. Secondary Objectives: ? To verify recall of advertisements/brands ? To analyze the justification of advertising expenditure. NEED FOR THE STUDY Gaining an understanding about the impact of advertisements on consumer’s buying behavior. REVIEW IF LITERATURE Before starting this study various literatures were reviewed to find out the gap that could e xist between previous study and the present one. [†¦ ] [†¦ ] This shows that advertisements in magazines get the full attention of its readers.Second, magazine advertisements are good in quality in terms of printing and color. Magazines are usually printed on the good paper that makes for an excellent reproduction of art and color work. TELEVISION ADVERTISING Though the technological breakthroughs have changed the advertising media, T. V . remains to be the largest entertaining media. Television advertising, which began only in1976, takes almost a third of that share, with the press getting around sixty percent. [†¦ ] [†¦ ] There are advertisements that are persuasive only with no fact and figure.There are advertisements that are informative only, but not appealing much. Mostly advertisements should fall between these two extremes. Advertisements for specialties like medicine s might be totally informative persuasive advertisements generally put on TV. Informativ e advertisements appear in magazines and weekend supplements of newspaper. They are put in more durable media. Some informative advertisements create a mood favorable towards a product. One more version of informative advertisements, is to present it as editorial matter, in distinguishable from the real editorial matter. [†¦ ] [†¦ Different people react to different advertisements in various ways at different times. Today, we are exposed to a large number of commercial messages than at any time in the past. Not only has the quantity of advertisements increased, even the quality of advertisements has improved very considerably over the past couple of years. Advertising as Marketing Tool Advertising is the communication link between the sellers and the buyer or the consumer. It does not simply provide information about the products and services, but also attempts at influencing people to action by on overt appeal to reason or emotion. [†¦ ]

Free Essays on Litter

Litter just doesn’t appear- it is the result of careless attitudes and improper waste handling. Is there anything you can do? Knowing more about litter and where it comes from is a good place to start. Why People Litter Research by Keep America Beautiful, Inc., has found that people litter because: They feel no sense of ownership, even though areas such as parks and beaches are public property. They believe someone else- a park maintenance or highway worker- will pick up after them. Litter already has accumulated. â€Å"Litter-Known† Facts Motorists and pedestrians are often blamed for litter. There are actually seven primary sources: Household trash handling and its placement at the curb for collection. Dumpsters used by businesses. Loading docks. Construction and demolition sites. Trucks with uncovered loads. Pedestrians. Motorists. Litter is blown about by wind and traffic or carried by water. It moves until trapped by a curb, building or fence. Once litter has accumulated, it invites people to thoughtlessly add more. What Can I Do? Set an example for others, especially children, by NOT littering. Carry a litterbag in your car. Make sure trash cans have lids that can be securely fastened. If you have curbside trash collection, don’t put out loose trash in boxes. Tie papers in a bundle before placing them in a curbside recycling bin. If you own a business, check dumpsters daily to see that top and side doors are closed. If you or a member of your family is involved in a civic group, scouting, or recreational sports program, encourage the group to â€Å"adopt† a spot in your town or neighborhood and maintain it on a regular basis. Report areas where people have illegally dumped garbage and debris to your local highway, public works, sanitation or conservation office, and ask that the material be removed. Volunteer to help organize a cleanup of the area. ... Free Essays on Litter Free Essays on Litter Litter just doesn’t appear- it is the result of careless attitudes and improper waste handling. Is there anything you can do? Knowing more about litter and where it comes from is a good place to start. Why People Litter Research by Keep America Beautiful, Inc., has found that people litter because: They feel no sense of ownership, even though areas such as parks and beaches are public property. They believe someone else- a park maintenance or highway worker- will pick up after them. Litter already has accumulated. â€Å"Litter-Known† Facts Motorists and pedestrians are often blamed for litter. There are actually seven primary sources: Household trash handling and its placement at the curb for collection. Dumpsters used by businesses. Loading docks. Construction and demolition sites. Trucks with uncovered loads. Pedestrians. Motorists. Litter is blown about by wind and traffic or carried by water. It moves until trapped by a curb, building or fence. Once litter has accumulated, it invites people to thoughtlessly add more. What Can I Do? Set an example for others, especially children, by NOT littering. Carry a litterbag in your car. Make sure trash cans have lids that can be securely fastened. If you have curbside trash collection, don’t put out loose trash in boxes. Tie papers in a bundle before placing them in a curbside recycling bin. If you own a business, check dumpsters daily to see that top and side doors are closed. If you or a member of your family is involved in a civic group, scouting, or recreational sports program, encourage the group to â€Å"adopt† a spot in your town or neighborhood and maintain it on a regular basis. Report areas where people have illegally dumped garbage and debris to your local highway, public works, sanitation or conservation office, and ask that the material be removed. Volunteer to help organize a cleanup of the area. ...

Global Managerial Economics Essay Example | Topics and Well Written Essays - 500 words

Global Managerial Economics - Essay Example Some countries may not need financial assistance but advice on policies. IMF also extends this by providing Policy Support Instrument. Together with these programs offered by IMF is an austerity program. Financial aids are coupled with "neoliberal"1 ideology or agenda which is a prerequisite for the fund. Examples of these conditions are "cutbacks" or "liberalization" of the economy, opening markets for trade, minimization of government intervention, privatization which causes the reduced protection of domestic industries, currency devaluation, mounts in interest rates, "flexibility" of the labor market, elimination of subsidies, and incentive for foreign investors (Shah 2005). There has been a growing controversy on the effects of these austerity measures. Some critics claim that problems experienced by the countries aided by the IMF can be directly traced by the implemented austerity measures together with the organization's financial assistance. A good illustration of the above discussion is the global economic crisis which occurred from 1997-1999.

N Investigtion into Why E-Businesses Fil Dissertation

N Investigtion into Why E-Businesses Fil - Dissertation Example Since the dÐ °wn of the internet, Ð ° lot of businesses Ð °nd individuÐ °ls set Ð °bout estÐ °blishing online businesses in Ð ° bid to Ð °mÐ °ss mÐ °ssive profits. However, Ð °ccording to CrÐ °ine (2001) since the yeÐ °r 2000 Ð °pproximÐ °tely 200 online businesses went out of the business Ð °ccounting for more thÐ °n 50% of business closures. This high fÐ °ilure rÐ °te is of concern to the business Ð °nd finÐ °nciÐ °l community; Ð °s such closures will Ð °lso Ð °ffect stock mÐ °rkets Ð °nd shÐ °res. Some of the online businesses would hÐ °ve obtÐ °ined finÐ °nce to fund their ventures, Ð °nd business fÐ °ilures Ð °re bound to hÐ °ve negÐ °tive ripple effects. This is demonstrÐ °ted by CrÐ °ine (2001) who stÐ °tes thÐ °t forty stÐ °rt-up fÐ °ilures cost Ð °pproximÐ °tely $1.5 billion which represents losses of between 39% Ð °nd 60% on globÐ °l stock mÐ °rkets. Some of these businesses fÐ °ilures hÐ °ve been Ð °ttributed to inexperienc ed mÐ °nÐ °gers, poor business plÐ °ns Ð °nd low sÐ °les volumes (CrÐ °ine 2001), however the sÐ °me could be sÐ °id for other businesses thÐ °t do not hÐ °ve Ð °n online presence. These reÐ °sons for fÐ °ilures Ð °re therefore not unique to online businesses which suggest the presence of other fÐ °ctors. For instÐ °nce, e-commerce is Ð ° populÐ °r shopping method Ð °nd this is demonstrÐ °ted by the number of successful online businesses, Ð °nd the reported increÐ °ses in online shopping by the mediÐ °. Ð ccording to Ð bu BhÐ °kÐ °r (2001) the demÐ °nd for online businesses hÐ °s not reduced Ð °nd this is probÐ °bly due to the increÐ °sed Ð °vÐ °ilÐ °bility of the internet.... Chpter III: METHODOLOGY 3.1. Reserch design...29 3.2. Reserch Strtegy....29 3.3. Smpling..30 3.4. Dt Collection nd nlysis..31 Chpter IV: FINDINGS ND DISCUSSION 4.1. Findings...33 4.1.1. Cse Study One - Toys R Us...........33 4.1.2. Cse Study Two - mzon..35 4.1.3. Cse Study Three - Klhri.Net.....35 4.1.4. Boo.com...37 4.2. Discussion...38 Chpter V: CONCLUSIONS 5.1. Conclusions.46 5.2. Recommendtions..47 5.3. Limittions of Reserch..47 Bibliogrphy..48 Chpter I: INTRODUCTION 1.1. Introduction Since the dwn of the internet, lot of businesses nd individuls set bout estblishing online businesses in bid to mss mssive profits. However, ccording to Crine (2001) since the yer 2000 pproximtely 200 online businesses went out of the business ccounting for more thn 50% of business closures. This high filure rte is of concern to the business nd finncil community; s such closures will lso ffect stock mrkets nd shres. Some of the online businesses would hve obtined finnce to fund their ventures, nd business filures re bound to hve negtive ripple effects. This is demonstrted by Crine (2001) who sttes tht forty strt-up filures cost pproximtely $1.5 billion which represents losses of between 39% nd 60% on globl stock mrkets. Some of these businesses filures hve been ttributed to inexperienced mngers, poor business plns nd low sles volumes (Crine 2001), however the sme could be sid for other businesses tht do not hve n online presence. These resons for filures re therefore not unique to on line businesses which suggest the presence of other fctors. For instnce, e-commerce is populr shopping method nd this is demonstrted by the number of successful online businesses, nd the reported increses in online shopping by the medi. ccording to bu Bhkr (2001) the demnd for online