The Economic Growth Of The Global Economy Essay - 1488 Words

Recap The Worlds Finance Ministers and the Governors of the Central Bank gathered for their annual global finance convocation. Due to stagnation and inadequate economic growth the mood was somber. The group did not see any options for bettering the stagnation and structural changes in the global economy. The International Monetary Fund has forecasted downward and feels the global economy is entering unexplored dangerous territory. Central Banks fear they will not be able to keep up with the possible recession. Lawrence Summers (2016), writer for the Washington Post stated that â€Å"saving has become overabundant, new investment insufficient and stagnation secular rather than transient. The paradigm surrounding economic growth with global participation fall short in the minds of the public. â€Å"Weak economics promote angry politics which raise uncertainty, leading to still weaker economics starting the cycle again. Publics have lost confidence both in the competence of economic leaders and in their commitment to serving broad national interests, rather than the interests of a global elite† (Summers, 2016). Public sentiments should not be ignored as the economy is driven in part by consumer behaviors. Although there is a decline of trade barriers and technological changes have made it easier to do business globally. There is still the perception of those who are responsible for managing growth. Summers thinks that the challenge can be met and he concludes discussing a patch toShow MoreRelatedEmerging Economies : The Global Economic Growth1106 Words   |  5 Pagesof the traditional global economic powers has been challenged in the past two decades with the rise of a number of countries known as Emergent Market Economies (EMEs). These countries already account for a substantial amount of the world economic output and have been the major force behind the global economic growth in the last decade. The BRIC countries (Brazil, Russia, India and China), the largest contributors to this growth, represent a greater share of the economic growth than the G7 countriesRead MoreEconomic Threats : Slow Growth Global Economy1151 Words   |  5 PagesD. External analysis Economic Threats: Slow-growth global economy (Pfizer annual review, 2014, p. 9) Demographic Opportunities: Aging population will lead to an increased need for medication and therapies Sociocultural Opportunities: As stated by Coulter, â€Å"people are becoming more concerned with green issues, looking for ways to be more environmentally friendly (Coulter, 2013, p. 239). This is an opportunity for Pfizer to promote their carbon emission reduction and green chemistry programs.Read Moreto what extent is economic growth beneficial for global economies?1014 Words   |  5 Pagesï » ¿To what extent is economic growth beneficial for global economies? Economic growth is defined as the expansion of the productive capacity of an economy. An increase in resources causes an area to produce more goods or services in a given period of time – as shown on a production possibility frontier (PPF) diagram, where the curve shifts outwards. The PPF is a curve showing the maximum combinations of goods and services that can be produced in a given period with available resources. The improvementRead MoreThe Rapid Economic Growth Trends Demonstrated By China, India, And The Global Economy2037 Words   |  9 PagesThe rapid economic growth trends demonstrated by China and India are currently at the height of debate amongst world leaders and economists. According to â€Å"Dancing with Giants: China, India, and the Global Economy†, edited by L. Alan Winters and Shadid Yusuf (2007), these countries are very unique in that their economic patterns of growth continue to increase and sustain momentum over an extended period of time while de aling with growing populations. The fact that these countries have illustratedRead MoreA Study on Global Social Process654 Words   |  3 PagesGlobal Social Process: Global social processes are mainly dependent on long waves of economic growth since these waves are the basic vehicle for essential and long-term, technological change in the world economy. Sporadic collections of radical innovation expand the technological frontier and transform the ways things are carried out in developed economies. In most cases, such innovations are produced in a single economy that lead the economy and is eventually distributed unevenly to other economiesRead MoreAn Economic Comparison Between United Kingdom And The United States1692 Words   |  7 PagesLiterature in 1925 once said, â€Å"If all the economists were laid end to end, they would not reach a conclusion† (Mankiw, 1998: 34). Yet, an economic comparison between the United Kingdom and the United States could still be made to distinguish the country with the better economic growth performance. Important indicators when comparing economies is economic growth rate, which is a measure of the yearl y rate of development rate of GDP using the market prices (Ros, 2013: 26). Another indicator is the GDPRead MoreGrowing and Emergin Economies: South Korea1116 Words   |  4 Pagesand emerging economy offers multinational companies the option of conducting business globally. Rapid growth and transformation of the South Korean economy has enabled the country to become a leader in the global market. Multinational companies that are looking for new global markets should pay attention to the South Korean economy. Strong markets exist for many industries within South Korea. The emerging electronics and motor vehicle market in South Korea has pushed its economy into one of theRead MoreIndi An Emerging Power1743 Words   |  7 Pagestechnology have generated many changes to the world’s economy as it has opened the doors for businesses all over the world to international markets. This means, expanding their economies by growing their target market areas. Now a day, businesses don’t talk about understanding their local markets, but understanding the global market. Some developing nations have taken advantage of this opportunity to grow their economies and they are working on becoming a global power. International Outsourcing has generatedRead MoreChin An Economic Power House1210 Words   |  5 PagesSeemingly transformed overnight; China has become an economic power house. In truth, however, China has been growing now for more than 30 years. Since it’s initiation of economic reforms and trade liberalization in 1979. China is one of, if not the fastest growing economy world-wide, averaging nearly 10% growth GDP (Growth Domestic Product). (Morrison, 2015) This financial revolution began with a series of reforms. One was designed to revitalize the state sector and save socialism, others beganRead MoreNational Income Trend in India1504 Words   |  7 Pagespeople, which is about 17.5 per cent of the global population. The Indian economy is the 12th largest in USD exchange rate terms. India is the second fastest growing economy in the world. However, it accounts for only 2.98 per cent of world GDP in US dollar terms and 5.0 per cent in purchasing power parity (ppp) terms. Hence, there exists a huge potential for catch up. The global welfare too is linked to progress in India as reflected in the keen global interest in India. But, India seems to inspire

Is the Nuclear Family Universal - 803 Words

Is the nuclear family universal? This essay will explore whether the nuclear family is in fact a universal sociological institution. The term universal means applicable to all cases, so, for this to be correct the nuclear family must be found in all families in every society. Nuclear family consist a husband and wife and one or more children, own or adopted, it is defined by Murdock and according to him, he believed that the nuclear family is a universal social grouping. Functionalist George Murdock suggested an idea of universality of the family as family is the basic and vital institution in all societies. He looked at 250 societies and found four the most significant functions of the family: sexual, economic, reproduction†¦show more content†¦However there is an opposing view to Murdock’s theory that goes against the idea of the nuclear family being universal. In 1959, Kathleen Gough provided a detailed insight of the Nayar society. This culture was mainly centred on the woman and known as a matrifocal family. In this society, when the woman reaches puberty, she is married to her Tali husband. This is a sacred and traditional marriage but although they are married by law the husband and wife have no obligations to each other, the woman is then allowed to take on up to 12 visiting Sandbanhan husbands who must come after tea and the stay the night and leave before breakfast the next morning. Husbands and wives didn’t form an e conomic unit. Also, husbands were not expected to maintain the wives and it was frowned upon to do so. Moreover, he didn’t bond, look after or socialize with the children. Another opposing view of the universal nuclear family is the IK culture. This tribe lives in Africa were each member shows now emotional connection with one another. Family, to them, means very little and each member of that society fends for themselves, showing no maternal instincts. If a new baby shows signs of weakness and disability, it will be disowned into the wilderness. The same happens to an elderly member who has no ‘purpose’ in the society. The experience and lifestyle of the IK suggests that family life across theShow MoreRelatedAssess the View That the Nuclear Family Functions to Benefit All It Members and Society of a Whole1216 Words   |  5 PagesAssess the view that the nuclear family functions to benefit all its members and society as a whole. A nuclear family is universal and is defined as a two generational grouping; consisting of a father, mother and their children, all living in the same household. The idea of the nuclear family was first noticed in Western Europe in 17th century. The concept that narrowly defines a nuclear family is essential to the stability in modern society and has been promoted by modern social conservatives inRead MoreThe Effects of Industrialisation on the Structure of the Family954 Words   |  4 PagesThe Effects of Industrialisation on the Structure of the Family The pre- industrial family was said to be an extended family consisting of three generations, the children, parents and the grandparents. The family would all work together in the farms to help provide for the entire families needs, children as young a 5 or 6 would have been found work to do. However this was until the Industrial revolution when factories become the main source of work and developmentRead MoreOutline and Evaluate Functionalist Views of the Role of the Family in Society.1570 Words   |  7 Pagesthe role of the family in society. [33 marks] Functionalism is a structuralist theory; this meaning that it sees social structure (the social organisation of society) as more important than individuals. Functionalist sociologists believe that people have a range of basic needs that must be met if society is to run smoothly. Different groups and individuals in society are important because they perform certain functions which meet societys needs. Functionalism supports the family in nearly everyRead MoreFunctions and Diversity of Family Structure in the UK Essay1276 Words   |  6 PagesFunctions and Diversity of Family Structure There are various debates and views on the term ‘family’ in today’s society. Although we can say that a family consists of a unit of people that are related, either legally through marriage or biologically. In both premodern and modern societies families have been seen as the most basic unit of a social organisation that carries out vital tasks, such as socialising children. Whereas a ‘household’ consists of a groupRead MoreFamily and Culture1010 Words   |  5 Pagesâ€Å"Family culture is a unique way that a family forms itself in terms of rules, roles, habits, activities, beliefs, and other areas† (â€Å"What is family culture?†, 2002). The perception of family is an aspect of family culture; this includes the interactions within the family and with others. Some of these perceptions can be defined as myths. A myth is a belief about someone or something that is believed to be true, but it is false, made-up, or exaggerated (S. Yu, Lecture). There are both positive andRead MoreAssessment of the Usefulness of Functionalism in Understanding the Family1223 Words   |  5 PagesUsefulness of Functionalism in Understanding the Family Functionalism is a structuralist theory. This means it sees the individual as less important as the social structure of society. It is a ‘top down’ theory. The family can be defined as an intimate domestic group composed of people related to each other by blood, sexual relations and legal ties. When assessing how useful functionalism is when looking at the family, other views/perspectives need to be taken intoRead MoreThe Conflict Perspective On Class Struggles1038 Words   |  5 PagesThe family is a social institution present in all human societies. A family unit is a group of people sharing a relationship based on biology, marriage, or adoption. The conflict perspective refers to the inequalities that exist in all societies. The conflict perspective originated from out of Karl Max’s writings on class struggles. This perspective presents society in a different light than do the functionalist and symbolic interactionist perspectives. This perspective focuses on the negativeRead MoreCO2 Emission as a Severe Global Environmental Concern Essay1203 Words   |  5 PagesDue to other environmental practices that are more relatable to families or people in a general sense, such as household recycling, carpooling, and even purchasing solar panels for a rooftop, the detrimental harm CO2 emissions have caused to the Earth’s atmosphere is often overlooke d. As a release of carbon dioxide into the Earth’s atmosphere known as CO2 emissions continue to dominate the world’s top environmental concerns, a recent increasing effort has provided multiple ideas including those ofRead MoreAssess the Functionalist View of the Family.1031 Words   |  5 Pages‘Assess the functionalist view of the family?’ Functionalist looks at society on a macro level. It is a consensus theory and structuralists prefer to use functionalism as it agrees with their ideals and models and they prefer to look at society as a whole. Functionalists are interested in studying what family is most functional. This essay will assess how functionalists view point of the family by exploring Murdock, Comte, Parsons and Durkheim, the founder of functionalism, ideas and evaluatingRead MoreThe Usefulness of Functionalism for an Understanding of the Family1289 Words   |  6 PagesThe Usefulness of Functionalism for an Understanding of the Family The Functionalists see the family as an important and vital institution in society. They take a MACRO view and look at interdependence between the family and other organisations. Functionalists look at the positive parts to society but overlook the negatives. They emphasise on the value consensus and see the family as being universal. Other people’s outlooks disagree with this view, such as the Marxists

Comparative Analysis Of National Cultures Between Uk And...

Q 1 Based upon the comparative analysis of national cultures between UK and China, what should BQ have considered with regard to their HRM in China operations, when they expanded their businesses to China? (30 marks) Due to the culture difference between the UK and China, the Human Resource Management system also is different between these two countries. Thus when BQ explored Chinese market, the need consider on changing their HRM system to keep efficiency and adapt China, this specific country, mainly in four areas; work organization, performance management, rewards and promotions, as well as recruitment and selection. As for the work organization, according to Hofstede’s national culture data(), China has a lower individualism compare with UK,() it leads to a phenomenon that Chinese have lower degree of specialization of each individual. Not like UK emphasizes work individually, China prefers to work in group. Hence, BQ should regard that organization should been divide into many small group, and arrange task through group. In addition, Chinese data reflects that power distance in this country is relatively high; employee believes that inequalities amongst people are acceptable(). This would accompany with a high level of work procedures and low autonomy in work-related decision making, as the employees do not have the power or interest to participate in its. Based on it, when BQ expanded in China, specially focus on the HRM, they do not need to build flat hierarchyShow MoreRelatedA New Forms Of Trans National Management Organization Essay1545 Words   |  7 Pagesnew forms of trans-nation al management organization is very much necessary where MNCs manage their employees on an international standard and this is viewed as important to the achievement of globalizing strategies (Bartlett and Ghoshal, 1989). A considerable body of literature investigate that transfer of â€Å"best practice† in Multinational Companies have been made, dazzling the importance emotionally concerned to the effective management of people from corner to corner national boundaries for MultinationalRead MoreAnalysing A Countrys Gdp And Infrastructure1716 Words   |  7 Pagesalso sometimes be misleading, because of the culture differences between countries. As a matter of fact, the culture of a country a lot of times shapes the purchasing pattern of a country’s consumers. Thus, it is important for an international marketer to adjust their marketing plan to fit local culture. There are hundreds of different cultures around the world. When it comes to a culture where people pursue a social harmony, or, a collective culture where people value relationship, an internationalRead MoreCultural Comparisons of India and China5411 Words   |  22 PagesNATIONAL CULTURE OF CHINA AND INDIA IN THE PERSPECTIVE OF HUMAN RESOURCE MANAGEMENT Introduction 1. Increased business globalization, emergence of new economic hubs like BRIC countries (Brazil, Russia, India and China) as well as more intense competition among organizations at the domestic and international level alike over the past two decades, have necessitated the need for studies in the comparative Human Resource Management (HRM) (Budhwar amp; Sparrow, 2002a). As a result, a growing numberRead MoreInfluence Of Uk Company Law, Takeover Regulation And Corporate Governance On Policy Making1238 Words   |  5 Pagesaround â€Å"the ‘standard shareholder-oriented model’ of the business corporation.† †¨ Henry Hansmann Reinier Kraakman, ‘The End of History for Corporate Law’ 89 Georgetown LJ 439 (2001) Critically assess this claim with reference to the influence of UK company law, takeover regulation and corporate governance on policy making in the EU and internationally. Introduction The corporate governance debate has been a global phenomenon, attributed to the increasing deregulation of worldwide capital marketsRead MoreEssay on McDonalds: A Global Company1554 Words   |  7 PagesIntroduction The purpose of this research is to provide a substantial assessment/explanation/analysis of the degree to which the McDonald’s operates based on a universal cultural or whether it is most strongly influenced by the national culture of that country. The researcher will explain how McDonald’s uses diversity and organizational initiatives to contribute to the corporate bottom line. Finally, the researcher will evaluate the company’s bottom-line rationale for diversity initiatives. SpecificRead MoreCompare and contrast Hofstedes cultural dimensions of Australia and China.2665 Words   |  11 Pagesotherwise successful managers and organisations ineffective when working across cultures. As stated byOsland (1990, p. 4) ``The single greatest barrier to business success is the one erected by culture. Hofstede (1983) defines culture as the mental programming of the mind which distinguishes the members of one human group from another (Hofstede 1983 p. 25). Through the comparison of Chinese culture and Australian culture using Hofstedes five cross-cultural dimensions: power distance, uncertaintyRead MoreStrategy of Mobile Phone Industry5915 Words   |  24 PagesThe strategy of the mobile phone industry: A comparative analysis of Apple, Sony, Xiaomi The strategy of the mobile phone industry - a comparative analysis of Apple, Sony, Xiaomi I Executive summary The paper sheds lights on the strategy of three mobile phone industry and that task is to perform comparative analysis on Apple, Sony and Xiaomi. The author has first started with the analysis of the macro-environment using strategic analytic tool called PESTLE. The author has usedRead MoreCultural Management Issues in the Tourism Industry3782 Words   |  15 PagesDiscussion/Analysis Conclusions Recommendations References Appendices Introduction In this briefing new employee human resources, we will be considering cultural management issues in the tourist industry and how they impact upon our business. Our company, Beach Bum Ltd is a travel consultancy Agency which was recently hired to provide a critical analysis on whether or not sustainable tours can attract American ecological tourists to travel to countries such as our current target, China. We are aRead MoreIn the Current Economy Why Do National Variations in Human Resource Management Offer Particular Advantages or Disadvantages?1957 Words   |  8 PagesIn the current economy why do national variations in Human Resource Management offer particular advantages or disadvantages? Considering the current globalised economy companies have to deal with national variations in Human Resources Management to work effectively. That matter offers particular advantages and disadvantages. The current global economy is based on a free trade market and most of the time obeys to a ca pitalist model of doing business. Exchanges of goods, capital, knowledges and humanRead MoreDiamond Concept: Measuring Competitive National Advantages Essay2528 Words   |  11 Pagesinward foreign direct investment does not indicate a lack of competitiveness. The theory also claims integration between international economics and strategic management. This stems from the mistaken attempt to substitute competitive advantage for comparative advantage (Caves, Frankel and Jones, 1993). Policy makers are left with a number of issues with which to base the SWOT-type analysis of their economies’ positions on. This is not in respect to competitiveness but of the different industrial sectors

Wenyu Li MINI CASE Essay - 2092 Words

Wenyu Li BUS 581 03/01/2015 Chapter 7 MINI CASE Your employer, a mid-sized human resources management company, is considering expansion into related fields, including the acquisition of Temp Force Company, an employment agency that supplies word processor operators and computer programmers to businesses with temporary heavy workloads. Your employer is also considering the purchase of a Biggerstaff Biggerstaff (BB), a privately held company owned by two brothers, each with 5 million shares of stock. BB currently has free cash flow of $24 million, which is expected to grow at a constant rate of 5%. BB’s financial statements report marketable securities of $100 million, debt of $200 million, and preferred stock of $50 million.†¦show more content†¦The valuation process, in this case, requires us to estimate the short-run non-constant growth rate and predict future dividends. Then, we must estimate a constant long-term growth rate at which the firm is expected to grow. Generally, we assume that after a certain point of time, all firms begin to grow at a rather constant rate. Of course, the difficulty in this framework is estimating the short-term growth rate, how long the short-term growth will hold, and the long-term growth rate. What are the expected dividend yield and capital gains yield during the first year? P0=46.66 Expected dividend yield= 2.6/46.66 = 5.6% Capital gains yield= 7.4% What are the expected dividend yield and capital gains yield during the fourth year (from Year 3 to Year 4)? †¨ P3= 56.5964 Expected dividend yield = 7.0% Capital gains yield= 6.0% i. What is free cash flow (FCF)? A measure of financial performance calculated as operating cash flow minus capital expenditures. Free cash flow (FCF) represents the cash that a company is able to generate after laying out the money required to maintain or expand its asset base. Free cash flow is important because it allows a company to pursue opportunities that enhance shareholder value. Without cash, its tough to develop new products, make acquisitions, pay dividends and reduce debt. FCF is calculated as:EBIT(1-Tax Rate) + Depreciation Amortization - Change in Net Working Capital - Capital ExpenditureIt can also be

The Endings Of Sophocles Antigone - 919 Words

Although they are versions of the same play, the endings of Sophocles Antigone and Anne Carson s Antigonick convey contrasting ideas of the power of fate, and its role in tragedy. In Antigone, fate is described as an inevitable, insurmountable aspect of life that cannot be avoided. On the other hand, Antigonick shows fate to be a malleable product which can be controlled by the decisions individuals take in their lives. Through the role of the chorus, the addition of Nick, and the catharses of the characters, Carson shows that fate is something which we can master. In both texts, the responsibility of the chorus is to comment upon the play s proceedings, and to make key observations about the characters actions. As Antigone is being paraded to her burial in Antigone, the chorus states, The power of fate is a wonder,/ dark, terrible wonder—/ neither wealth nor armies/ towered walls nor ships/ black hulls lashed by the salt/ can save us from that force. (1045-1050) It emph asizes that fate is very powerful, and that it is not within humans capacity to alter. Thus, Antigone and Creon are never capable of influencing their own lives; they are not responsible for the tragedy that ensues, because fate would have seen to it anyway. In contrast, the chorus in Antigonick says that it likes to find precedents, pointing out that We re not at a loss how to think about this/ We re not without guidance. The chorus states that Creon can avoid making the same mistakesShow MoreRelatedAntigone: Free Will and Destiny1367 Words   |  6 PagesAntigone: The Influence of Free Will and Destiny Throughout Antigone, fate is responsible for many of the most devastating and critical events. The characters Antigone, Creon, Ismene, Haemon, and Tirasias experience many occasions that change their destiny, some events of which were predestined. It is frequently shown that fate and free will are intertwined. Each individual has a destiny, but it can be changed if they use their free will. Sophocle’s message is portrayed throughout the story throughRead MoreAntigone Character Analysis1422 Words   |  6 Pages Antigone, the final play in a series including Oedipus Rex by Sophocles, discusses the ideas of leadership, family, and choices. It features two central characters: Antigone, a girl who chooses to illegally bury her brother, and Creon, a king who decrees the burial of the brother to be illegal. Upon the first encounter of the text, it appears that Antigone is the â€Å"hero† of the play, but on further analysis, one realizes that the tragic hero, as defined by A ristotle, is actually Creon. The ideaRead MoreAnalysis Of Sophocles Antigone And David Hares1314 Words   |  6 PagesIn both Sophocles’ play Antigone and David Hares’ drama Page Eight the plots center on politics and personal identity. The ideas of personal identity and politics are, however, presented in very distinct manners. In Antigone, Sophocles portrays politics and personal identity in a nullifying manner as they lead to death and there is no happy ending. Hares, on the other hand, presents politics and personal identity in a more constructing manner as there is no tragic deaths and there is more of a pleasantRead More Male Reactions to Female Power in Antigone1473 Words   |  6 Pages Western society has a long history of subjugating women to men. Some cite the idea that women are somehow weaker or inferior to men as a reason for the existence of this social dynamic. In Sophocless Antigone and, Dürrenmatts The Visit, however, the female leads show great strength and are even able to threaten the male leads with their power. Creon and Alfred Ills disdainful and oppressive treatment of women stems not from the supposed inferiority of women, but from the theme that man is afraidRead More Antigone Essay1031 Words   |  5 Pagesof drama and tragedy, Antigone can be used to relate to current conflicts. One such conflict is that between Haemon and his father Creon. Haemon looks up to Creon with honor and pride, but as conflict arises, that relation is disassociated and new feelings grow. The first conversation between them is what initiates the downfall of their bond. While it seems that Creon is the most important person in Haemon’s life, Antigone is in fact the one that has won Haemon over. Antigone, written by the AthenianRead MoreAntigones Character1565 Words   |  7 PagesSteeped in family drama, death, politics, and religion, Sophocles’ Antigone is a complex tragedy to say the least. The basic plot of the tragedy is the conflict between Antigone’s family principles and religious tradition and Creon’s embodiment of state and its authority (Scodel). It is on of three tragedies written by Sophocles that chronicle the life of Oedipus. It was written before Oedipus the King, but is a culmination of the events that occurred after Oedipus’ death (Norton 610). Antigone’sRead More Antigone Essay1318 Words   |  6 PagesAntigone Essay In any story or piece of literature, there will always be the main characters to fill the pages with incessant adventure. The characters whose names appear on almost every page and the characters whose actions the story revolves around. However, a story will also always have its minor characters. These are the characters that contribute heavily to the plot, yet arent mentioned quite as often and are underestimated regarding their importance in the story. In the Greek masterpieceRead MoreProtests In Antigone By Sophocles1278 Words   |  6 PagesThroughout Antigone, Sophocles develops the idea of emotion in protests through the actions of Antigone. Antigone, angry at Creon’s refusal to bury her dead brother, decides to protest and go against the rule of the state. Creon responds in return, rashly sentencing Antigone to death. At the end, the play ends in tragedy, with Creon’s son Haemon, Creon’s wife, and Antigone all dead from their emotionally driven choices. Throughout his play, Sophocles’ develops the idea of pathos in protests, showingRead MoreThe True Tragic Hero of Antigone879 Words   |  4 Pageshamartia, leads to their failure in the end. A perfect example of this can be found in Sophocles’ trilogy, The Theban Plays which follows the struggling city of Thebes and the efforts of its rulers to escape their misfortune. Antigone, the third play is an excellent example of this. As the title is Antigone, o ne would assume that she is the tragic hero, or heroine, but this is not the case. In the tragedy Antigone, Creon fills the role of tragic hero. Creon’s power sets him apart from the averageRead More Antigone – Strong and Powerful or Spoiled and Stubborn? Essay1162 Words   |  5 PagesAntigone – Strong and Powerful or Spoiled and Stubborn? Of the tragic figures in Antigone, Creon is the most obviously evil because his motives are self-serving and his fate the worst. As the play begins, we learn that Antigone has defied Creons royal decree by performing sacred burial rites for her exiled brother, Polyneices. Polyneices has been declared an enemy of the state by Creon. The sentence for anyone attempting to bury him is death by stoning. Creon has become King of Thebes by

Souix Uprising Essay Example For Students

Souix Uprising Essay I will admit that I am not much for reading. I will also admit after reading thefirst chapter in this book that I felt sick to my stomach, literally. That Ifeared reading the rest of the book knowing that this really happened and thatpeople could actually do this to one another. Although the book disgusted meafter the first chapter that I didnt want to read it anymore it also made menot want to put it down. It could have been the way the writer describedeverything made it all so vivid and clear or maybe it was the fact that it wasso gruesome and real that I had to read it. Whatever the truth may be I thoughtit was a very good book. Up until this class I hadnt even heard of theUprising. In my impression part of the book was the side of the Indians whilepart of it was the side of the white mans view. It told of how itstarted, where it began, when it ended and how it ended. I feel as if theIndians had been changing their ways throughout the war. In the beginning theywere killing anyone and everyone but, to a point, by the end of the war theywere only killing the white males and were holding the women and childrencaptive so to speak. Although I dont think the Indians needed to be hung fortheir crimes they shouldve been arrested and brought into jail. The white menneeded to also take responsibility for their actions. It takes two people tostart a fight no matter what it is about. Yes, it wasnt all of the white menwho held back their annuity payment, but it was those men who insisted that theychange their ways. The book was a well-researched and insightful narrative ofthe bloody uprising and the events which preceded it. It is another sad chapterin the history of the American West . All the shocking events took place duringone week in August of 1862, in response to being tricked and betrayed by brokentreaties, cheated continually by traders, and brought to the edge of starvationby delays in dispensing the governments annuity payments, the Santee Sioux hadfinally had enough. The Sioux left hundreds of settlers dead and turning fortythousand into refugees. From killings to burnings they did it all. The highpoint was reached over hens eggs when warriors mocked as cowards after refusingto steal the eggs shot the hens owner, his wife, and friends in cold blood. Faced with certain reprisals from whites, the most respected Sioux leader,Little Crow, sided with his war chiefs and the rampage began in earnest. Hundreds of isolated settlers in the area died, with only occasional prisonerstaken, while massive attacks took place against the nearby Army garrison and theprosperous town of New Ulm. Even with superior numbers, these assaults failed,however, leaving many warriors dead and the rest disheartened. The Army quicklyrounded up all the Sioux to be found, sentencing hundreds to death in militarycourt without allowing them a defense. President Lincoln reduced the number ofcondemned to 38, who were duly hung. On December 26, 1862, those 38 SiouxIndians were executed for their part in uprisings.

Strategic Alignment of Business and Information Technology

Question: Describe about the Strategic Alignment of Business and Information Technology? Answer: OPECs current trend as an international oil producer cartel For each and every country in the world the most significant resource is petroleum as it is one of the rarest natural resources and it is not possible to produce raw petroleum into the factories but refineries can be done. In relation to maintaining the economic structure of the world economy, petroleum plays the most significant role. With an intension to control the world trade system in relation to petroleum, an organization has been formed by twelve nations, the name of that organization is Organization of Petroleum Exporting Countries, it is well known as OPEC. In relation to importation and exportation of petroleum and crude oil OPEC has a significant role to play in the world economic system. OPEC mainly concentrates upon the control over the price of crude oil in the international market. But in the international market there are some giant countries like UK, United States, Soviet Union and some others, these nations are financially and technologically very sound and holds a great position in the world economic structure. Venezuela, Kuwait, Ian, Iraq, UAE are some of the names of member countries of OPEC (Africa Oil Trade, 2010 and 2011, 2012). Within the purview of this context various aspects in relation to price fluctuation of crude oil in the international market, a comparison of trends of the conducts of OPEC in the earlier period and in present time, impact of OPEC upon the importation and exportation of crude oil and the factors relating to the recent condition of international market in relation to crude oil are going to be discussed as follows; By way nationalization of oil producing organizations and corporations impact of privatization in the market of crude oil can be diminished that will not only refer more revenue to the government sectors but also promotes a balance in the international crude oil market. This procedure must not be confused with the restrictions upon the exportation of crude oil. It has represented one of the most important turning points in relation to the development of policies relating to oil trade in the international market. Privatized business conducts are eliminated by the nationalization, as resources of oil in the oil producing nations are controlled by the private international corporations. It permits oil producing nations to obtain control over private properties, though it may violate some of the existing legal contracts. If these nations become the only proprietors of this confiscated resources by violating the law of contract, they will be in a superior position to manipulate the price of the crude oil in the international market, and they will decide the way by which the actual current value of their known stock of petroleum under the ground can be maximized. A number of major implications may be observed as the consequence of nationalization of crude oil. On the other hand, nationalized oil corporations are in some occasion torn among the expectations of the nation that they ought to carry the national flag and their personal goals in relation to success in trade, it could signify a level of emancipation relating to the confines of the national agenda (Aggarwal and Goyal, 2009). In the year 1949, Iran and Venezuela were the two initiative nations who took the initiation in the direction of establishment of OPEC, for that purpose they approached to Kuwait, Saudi Arab and Iran. They signify that they are going to swap upon the standpoint and also examine all the relevant factors for the purpose of faster communication among the petroleum producing nations. During the year 1959, the specified value for crude of Venezuela has been abridged by the IOCs (International Oil Companies) from the rate of 5 to 25 for every barrel of crude oil. For the crudes of Middle Eastern region the rate was 18/barrel (Ahmad, 2012). For the first time in Cairo, Egypt, the Arab Petroleum Congress has been accumulated. An organization namely Oil Consultation Commission has been established there by the Arab Petroleum Congress where the price modification plans of the International Oil Companies should have been present in relation to oil producing nations. In the year 1959, at the Arab Oil Congress in Cairo, Egypt, Wanda Jablonski has introduced Abdullah Tariki to Juan Pablo Perez Alfonzo. Bothe of them was wound up by the laceration in the specified price promoted by the international oil companies. As the result of this meeting the Agreement of Gentleman and Maadi Pact has been formed (Chapman and Hodges, 2011). During the year 1960, a noticeable rivalry has been accounted by Wanda Jablonski, the journalist, on the way to the West and the mounting divergence against the landlordism of malingerer in the middle portion Eastern province. In the famous book of him it is permitted THE PRIZE: THE EPIC QUEST FOR OIL, MONEY AND POWER. Within the contains of this famous book Daniel Yergin has described the process by way of which the natural oil is prohibited up to 75% of the entire oil industry of the US (Haerens, 2010). During the of 1960 from 10th to 14th September, the Baghdad conference was promulgated by the inventiveness of Juan Pablo HYPERLINK "https://en.wikipedia.org/wiki/Juan_Pablo_P%C3%A9rez_Alfonso"PrezHYPERLINK "https://en.wikipedia.org/wiki/Juan_Pablo_P%C3%A9rez_Alfonso" Alfonso, the Hydrocarbons minister and the Abdullah al-HYPERLINK "https://en.wikipedia.org/wiki/Abdullah_al-Tariki"Tariki Minesand the Saudi Arabian Energy and Mines ministerof Venezuela. The governing authorities of Kuwait, Venezuela, Iran, Saudi Arabia and Iraq, held a meeting inBaghdadwith an intention to communicate the traditions to intensify the cost of the undeveloped oil produced by the concerning countries and retort to self-sufficient procedures by theInternational Oil Corporations, they at that phase of moment prohibited all actions related to oil in the interior of the hosting States. Cooperatively along with the Arabic and non-Arabic producers of oil, Saudi Arabia has formed the Organization of Petroleum Ex port Countries (OPEC) for the rationale of protecting the unrivaled obtainable cost from the most imperative oil corporation. From this era member countries of OPEC constantly strived with an intention to have control over the market of international crude oil and they sought after to set up command upon the dealings of industrial nations relating to importation and exportation of crude oil (International Crude Oil and Refined Products Trade, Year 2011, 2012). As per the investigation made by the consulting firm ofPFC Energy, only 7 per cent of the predictable oil and gas coffers of the entire world are in the nations that permit free rein privatized multinational companies (Miller, 2010, International Crude Oil Trade, Year 2010, 2012). New Work Times has published that the petroleum borer strike in the US has been enlarged production of oil with 70 % more than the total production of oil during the year 2008 and has condensed the importation of petroleum from the member countries of OPEC at 55% against the United States (Non-OECD Europe Oil Trade, 2010 and 2011, 2012). After commencing the year of 2011, it has been engrossed by the United States of America regarding the promptly amplified domicile production of sweet, light, firm oil by the means of plunging similar type of or equivalent category (Veggeland, 2012). USA makes importation of rudimentary oilchiefly from the suppliers of Nigeria and few other suppliers from African provinces.From the beginning of the year of 2011 to the end of the year of 2013, half of the total importation of petroleum reduction smash light rudimentary. Near about 96 % of the one and a half million barrels each date, that is approximately 290,000m3/d of its total enlargement, appears from sweet rudimentary from hard development source. As domicile production of oil extends to intensify, the United State is in frontage of imminent confronts of mesmerizing the sweet taut oil (International Crude Oil Trade, Year 2012, 2013). Around 1.7 million barrels on each date that is approximately 270,000m3/d has been bring by the United States throughout the year of 2011 (International Crude Oil Trade, Year 2011, 2013). Importation of crude oil has been reduced during the year of 2013, from the quantity of 1.7 millions to one million barrels on each date, which is approximately160,000m3/d (Silvia and Taylor, 2013). At the beginning of the year of 2014, the average of crude oil importation of the United States was around merely .6 million barrels each day that is approximately 95,000m3/d. At the middle portion of the year 2014, the non-OPEC production of oil was visualize at 1.7 million barrels each date, which is about 270,000m3/d out of that the Canada and US producing at around 1.6 million barrels on each day that is just about 250,000m3/d. Throughout the middle part of the year 2014, prices in relation to petroleum unpredictably fall down by approximately one-third as United State, production of oil was more than earlier and the demand of crude oil in China and Europe has been abridged. Just earlier to the United States swiftly upturned out of the importation in marketplace of crude oil for that reason of flourishing countrywide production, the smear cost ofNorth Sea Brentrudimentary oil shattered as on 17th day of June in 2014 at extra than US$115 for every barrel of oil (International Crude Oil Trade, Year 2013, 2014). The largest maker ofsweet oilamong the OPEC countries is Nigeria. During the year of 2014(july), as the United States bunged to take in sweet rudimentary petroleum, extra rudimentary petroleum has turn out to be reachable to dispensation plant in South Korea, China, India and Japan. In comparison with 2013, in the year 2014 they collectively purchased at about 42 per cent additional crude oil of Nigeria. In the month of June, 2014, the national oil and gas company of Saudi Arabia namely Saudi Aramco has been emerged and this is the largest oil manufacturing corporation of the earth in relation to production. It abridged the cost of its rudimentary petroleum to processing plant within Asian continent to compete with imported oil from Africa and other suppliers from Nigeria. In declaration on the 27th day of November in 2014 at the OPEC conference held in Vienna, it was affirmed that among all of the non OPEC suppliers of oil the OECD-Americas has been considered as the most important one. In the year of 2015, it made a good enlarged contribution at around 1.4 million barrels each day that is about 220,000m3/d, with a great average of 57.3 million barrels each calendar day that is just about 9,110,000m3/d. Within the period of beginning of 2011 and the middle of 2014, US$110 was the standard price of petroleum. From the period of June, 2014, nonetheless, the rate of petroleum has been slip from US$110 to $US80. OPEC diverged that this plunge in the rate of oil was not completely "recognized by the oil marketplace fundamentals." concurrently petroleum rudiments market, "adequate supply, rational demand, a influential US dollar and suspicions relating to global fiscal expansion" contributed to the descend of cost, "uncertain faction within the international oil market hasalso been a considerable aspect." On the 27th day of November in the year 2014, Ali al-Naimi, the, Oil Minister of Saudi Arabia, sterile the submission from the shoddier members of OPEC, such as Venezuela, Algeria and Iran, for production slash. Regular crude, Brent oil inclined to US$71.25, a four time short. Al-Naimi stated that the marketplace would not be present to correct itself. "Olden policy of distrustful price." has been personalized by OPEC. In accordance with a numeral of analysts, OPEC may permit cost of Brent oil drop to US$60 to lethargic descending US shale oil production.Despite of a worried fiscal structure in correlated nations, al-Naimi has repetitive his announcement upon Saudi performance. At the ending part of the year 2014, with production of 30.56 million barrels each day that is approximately 4,859,000m3/d, OPEC went into its sixth consecutive month of on top of their combined target of oil production . On 11th day of December in 2014, the cost of OPEC orientated urns of Crudes has been went down to US$60.50and by 13th day of December, the cost of Brentoil hasfallen to US$61.85 (Zhang, Ji and Fan, 2014). The 12th day of January in 2015, cost of OPEC orientated urns of Crudes has been abridged to US$43.55. On the very next month of the same calendar year, OPEC had arrives in its ninth uninterrupted month of on top of their combined target of production (Zhang and Asche, 2015). After this discussion it can be said that though OPEC plays the most important role in the international oil market but the developed countries are enough capable to counter their claims and to manipulate the price of crude oil. References Africa Oil Trade, 2010 and 2011. (2012).World Oil Trade, 34(1), pp.167-183. Aggarwal, H. and Goyal, D. (2009). Strategic alignment of business and Information Technology in Indian Petroleum sector organisations.IJICBM, 2(2), p.144. Ahmad, M. (2012). Modelling and forecasting Oman crude oil prices using Box-Jenkins techniques.International Journal of Trade and Global Markets, 5(1), p.24. Chapman, G. and Hodges, G. (2011).Oil. Mankato, Minn.: Smart Apple Media. Haerens, M. (2010).Oil. Farmington Hills, Mich.: Greenhaven Press/Gale, Cengage Learning. 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