Divine Rebellion Anne Hutchinson - 1362 Words

Book Analysis: Divine Rebel (Anne Hutchinson) Final Draft In U.S. history the roles of society were decide by gender, men’s role was mostly the same throughout history, but the women’s role changed slowly over time. There was many women who were fighting to change their roles and one such woman is Anne Marbury Hutchinson. In â€Å"Divine Rebel† Selma R. Williams tells the story of Anne Hutchinson, who was a Puritan woman of the late 1500s, and researched informations was hard to find. There was a movement later that was called the Suffrage Movement and the women who were part of it suffered similar experiences as Anne Hutchinson. The thesis of this paper is that Anne Hutchinson fought for women’s rights as did the women of the Suffrage†¦show more content†¦The Suffrage Movement is the movement that many women created and fought for to get the right to legally vote and be considered as a U.S. citizen. The Suffrage Movement started in the early 190 0s and had very strong leaders like Susan B. Anthony and Elizabeth Stanton whose successor was Carrie Catt that continued the movement with the same determination and strength. On the Western side of the country Alice Paul strategy was to do peaceful parades and the women made sure that it was all legal which they were able to obtain permits. The parades had many problems for when one of the largest ones was in Washington D.C. where the crowd attacked the paraders and the police force didn’t try to protect the women. This did not stop Alice Paul or the women for they organised several silent pickets where women would stand silently outside the WHite House with banners that had written question of how much more time until women will be given liberty. They picketing was well received at first but over time people became more hostile towards the women including the president. The president of the time was Wilson who did not take the women seriously at first and became more hosti le along with the people who would notice the women. The banners changed to a stricter and caused mixed reactions. Many picketers were laterShow MoreRelated A Critical Look at Histories of Hutchinson and the Antinomians4915 Words   |  20 PagesA Critical Look at Histories of Hutchinson and the Antinomians In the seventeenth century, the Massachusetts Bay Colony was founded as a haven for Puritans, who sought religious freedom and harmony. In order to achieve this haven, the settlers in Massachusetts Bay devised a system of government that would serve as both a political and moral authority. Between 1636 and 1638 the relative harmony of the Massachusetts Bay Colony was shaken by an uprising that has become known as theRead MoreEssay Biography of Anne Hutchinson3752 Words   |  16 Pages Anne Hutchinson has long been seen as a strong religious dissenter who paved the way for religious freedom in the strictly Puritan environment of New England. Another interpretation of the controversy surrounding Anne Hutchinson asserts that she was simply a loving wife and mother whose charisma and personal ideas were misconstrued to be a radical religious movement. Since this alleged religious movement was led by a woman, it was quickly dealt with by the Puritan fathers as a real threat. WhateverRead MoreSir Humphrey Gilbert And The Irish Of The New World2063 Words   |  9 Pageslimited, and the English began colonies in areas promised to Indians. Bacon had purchased a farm and had a seat on the governor s council. He was unhappy with governor Berkley because he was excluded and did not have a part of the fur trade. The rebellion started the potential for instability in the colony s population of free men with no land. The people realized the importance of preventing social unrest, so they turned to African slave trade to fulfill the need for labor. The British in theRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesfar from their homes (often draining areas of the young men who might otherwise have been potential migrants) but also in terms of the migration of millions into the depopulated Yangtze Valley areas and Shanghai after the mid-nineteenth-century rebellions were suppressed.26 Migrations within highland and maritime Southeast Asia, central Asia, Arabia, and Africa are especially difficult to get a handle on because much of the movement circulated according to patterns of nomadic and seminomadic Read MoreOrganisational Theory230255 Words   |  922 Pageselites have encountered a vast array of responses from subordinates that seem to range from various kinds of conforming behaviour, through to subtle and often covert forms of resistance and organizational misbehaviour, through to outright active rebellion (Ackroyd and Thompson, 1999; Ezzamel, Willmott and Worthington, 2001; Jermier, Knights and Nord, 1994; McKinley and Taylor, 1998). Since the early 1980s, it seems that we have witnessed the emergence of new forms of control, or, perhaps more accurately

Rights Of A Banker - 6849 Words

q BANKING LAW 1. Rights of a Banker; Banker’:- * Right of lien * Right to set off * Right of appropriation of payments. 2. Banker Regarded As A Favoured Debtor lll A CONTENT 1. Right of lien†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦pages 3-9 a. Introduction -what is lien? b. Types of lien c. Circumstances for exercising banker’s general lien d. Lien - an implied pledge e. Case laws f. Principles governing banker’s lien g. When is lien not permissible 2. Right of set-off†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦pages 10-13 h. Introduction i. Conditions necessary to set-off (ingredients of set-off) j. Automatic right of set off k. Right of set off in the case of; l.†¦show more content†¦the property must come into the hands of the banker in his capacity as a banker in the ordinary course of business; 2. there should be no entrustment for a spec ial purpose inconsistent with the lien 3. the possession of the property must be lawfully obtained in his capacity as a banker; and 4. there should be no agreement inconsistent with the lien. A general lien arises out of a series of transactions in the general course of business rather than a single specific transaction such as the repair of a piece of jewellery or a computer. Attorneys, bankers, and Factors usually have general liens to ensure that his client will pay him for services already performed; an attorney may retain possession of the papers and personal propertyShow MoreRelatedThe Bank Insurance Project : Improving The Communications Between Cardinal Bank And Bankers Insurance949 Words   |  4 PagesMy main objective when joining the Bankers Insurance project was to improve the communications between Cardinal Bank and Bankers Insurance. Acting as a liaison between Cardinal Bank and Bankers Insurance, it is my job to ensure that referral information made its way to the appropriate insurance agent. There have been many changes made; including developing direct communication between the referring Cardinal Bank employee and the agents at Bankers Insurance, improv ed reporting to accurately reflectRead MoreAnton Chekhovs The Bet Essay678 Words   |  3 Pagestimeless theme; greed is a crippling trait of mankind. This message can be seen through the authors use of characterization of both the lawyer and the banker. The banker was a static character; he was greedy from start to finish. The lawyer was a dynamic character and he saw the wrong in his ways and changed them in the end. The author portrayed the banker as a foolish and greedy man, and since Chekhov characterized him as static, he never changed. His inability to alter his ways resulted in him makingRead MoreThings That Came to Me After Watching Capitalism: A Love Story700 Words   |  3 Pagesmovie that owned a house for so many years, and the bank was able to take it from them for not being able to pay what they owe. Thankfully, the bank was â€Å"generous† enough to offer them money in exchange of cleaning out their house. Is that really the right thing to do? Another infuriating part of the movie is when another family became homeless and was forced to live in a truck. What happened to the â€Å"highest standard of living in the world† that they America promised? Is living a truck a luxurious thingRead MoreInvestment Banking984 Words   |  4 Pagesmine was the first analyst ever to win Banker of the Year at DLJ and he did so by having a strong ability to create models and to clea rly explain their results to senior bankers and clients... Most Highly successful Investment bankers started as junior brokers for an established firm. Your job (particularly for the first 3-6 months) is all about details. You can t screw up the details. You re paid a huge amount of money to get all the details right. This is the single most important traitRead More Careers In Investment Banking Essay1108 Words   |  5 Pages Careers in Investment Banking A career in the securities industry can offer exciting work if you enjoy working in a competitive and demanding atmosphere. Investment bankers, stock brokers, and stock traders all make up the securities industry providing services to each other, as well as the general public. All of people involved in this field deal with stocks, bonds, and other financial material in some way or another, but they all have their own specific objectives and duties. The primary Read MoreThe Bet By Anton Chekhov941 Words   |  4 Pagesflashback of the banker, show his most successful years and the young lawyer both in a dilemma. Eventually the dilemma came in conclusion to â€Å"’Fifteen? Done!’ cried the banker. â€Å"Gentlemen, I stake two millions!†(Chekhov, Anton). This seems usual for a bet with the lawyer and the banker. The average individual, when thinking of a banker, presume that they are people that save money and not put it in risk of it all token away. Likewise in ‘The Bet,† within the fifteen years, the banker was â€Å"Desperate†Read MoreAnalysis of a Leading Real Estate Company in Virginia, CBPRO1423 Words   |  6 Pages CBPRO is a leading real estate company in Virginia, an independent franchisor of the Coldwell banker brand since 2001. CBPRO’s business focuses on residential real estate services such as se lling, buying, and leasing houses; has 299 agents in 13 offices. The residential real estate industry is influenced by the ups and downs of the economy. In good times it fuels consumers confidence and spending, and in bad times consumers are cautious and not willing to invest in a house etc. CBPRO had aRead MoreAnalysis of Sources of Capital940 Words   |  4 Pagesinvestors, need to satisfy various rules and regulations (Inc.com, n.d.). Investment banker selecting criteria: Investment banker plays a significant role in raising capital for any company, their role include market proxy, strategic advisor, marketing advocate and process manager, in short they are responsible from strategic activity to the transactional activity (Madison Park Group, n.d., p. 3). An investment banker should be well proficient with the business of the client and they must be familiarRead MoreWhat does happiness mean? According to the Webster Dictionary, happiness is defined as obsolete,800 Words   |  4 Pagestaken in their lives? Aristotle tells us that whatever makes us happy we ought to do, and whatever doesn’t make us happy we ought to avoid. So why are there so many unhappy people out there? In â€Å"The Bet†, a lawyer and a banker have a discussion on capital punishment. The banker thinks the death penalty is more humane, while the lawyer thinks a life sentence is better than the death penalty. The two men make a bet in which the lawyer is to spend fifteen years in prison in exchange for two millionRead MoreThe Great Recession734 Words   |  3 Pagesthem, investment bankers are there to buy the mortgages, giving the mortgage lender the liquidity to loan to more home buyers, giving the mortgage brokers more commissions, and putting people in more homes. If you could buy a product for one dollar, and then sell it for two dollars, you would make one dollar. If you could make one dollar by selling one unit, then reason stands that you could make one million dollars by selling one million units. That is just what the investment bankers do to make money

Drunk Driving Free Essays

Persuasive Presentation Outline Example Driving While Intoxicated Topic: Local San Marcos Problem Organization: Problem/Solution Specific Purpose: I would like my audience to believe that an alcohol education class should be taken before one can receive his/her license Introduction I. Attention Getter: In the past decade, four times as many Americans have died in drunk driving accidents as killed in the Vietnam War (NHTSA, 2006). II. We will write a custom essay sample on Drunk Driving or any similar topic only for you Order Now Relevance: How close have you come to losing your life as a result of an alcohol-related accident? III. Credibility: Recall story about my boyfriend receiving phone call that his brother, Jeremy, had been killed in a drunk driving accident. IV. Propositional Statement: Driving while intoxicated remains a problem in the United States and in the city of San Marcos. Because young people do not know enough about alcohol and its effects. I propose that a mandatory course in alcohol education be required before one can receive his/her driver’s license. Body I. The first part of the problem is that we continue to drive while under the influence of alcohol. A. Drinking and driving is a problem on a national level. 1. 16,189 people were killed in alcohol related accidents in 2005. This is one death every 32 minutes (NHTSA, 2006). 2. Three in every five Americans will be involved in an alcohol-related crash at some time in his/her life (NHTSA, 2006). B. Drinking and driving is a problem on a local level. 1. San Marco police department reported 196 arrests in 2005 related to alcohol-related crimes. Of those arrests, 67 were driving while intoxicated. San Marcos Police Department, 2005). 2. 50% increase from arrests made in 2000 (San Marcos Police Department, 2005). Transition: Not only is drinking and driving a major problem, young people are often very uniformed of its effects.II. The second part of the problem is that young people do not know enough about alcohol and its dangerous effects and they received mixed messages about alcohol. A. Young people lace an awareness of alcohol’s severe effects. 1. In 2004, 2. million teenagers did not know that a person could die from an alcohol overdose (Dunning, 2005). 2. Young people believe myths, not facts. (Dunning, 2005). B. Young people receive mixed messages about alcohol and its effects. 1. Less than one in three parents of tenth grade students gave their children a clear â€Å"no-use† message about alcohol (MADD. 2004). 2. When parents â€Å"bargain† with youth, the youth are more likely to drive after drinking or be in a vehicle driven by someone who has been drinking (MADD How to cite Drunk Driving, Papers

Marketing Management NQ Employment Services

Question: Discuss about theMarketing Managementfor NQ Employment Services. Answer: Research Proposal on Strategic Marketing Plan for NQ Employment Services Introduction NQ Employment service is a Townsville based employment service that seeks to provide meaningful employment to job aspirants. It has been operating in the North Queensland area for the past 20 years and is renowned for providing innovative approach to employment for job seekers (NQEmployment Employment Services, 2017). The main distinction between NQ employment services compared to other employment services is that it also provides adequate support to people with disability to maintain employment. There are many competitors of NQ employment services in Queensland such as Hays Recruitment, NEATO employment service and many others. This fierce competition is seen mostly because of worsening unemployment in Queensland (Hard yakka for job hunters, 2017). This marketing proposal aims to analyze the reasons for low job uptake in Townsville despite highest population and business centre and make suggestion to assist with awareness campaign regarding employment needs. Description of Service or Product- NQ Employment is committed to providing jobs to the right person and the main target is people with disability. They have a competitive advantage over others because of their extensive service delivery model such as engagement in employment support activities such as task analysis, behavior management, employer feedback and productivity assessment. According to the 2012 survey of disability, ageing and carers in Australia, about 18.5 % people have disability and there is a need to assist them in employment along with similar wages compared to people without disability (Disability statistics | People with disability | Queensland Government, 2017). Justification of Customer Value for the Product: It is proposed to assist people with disability by means of the Disability Employment service programs. The NQ Employment Delivery Model will integrate the labor market knowledge along with employer engagement to provide ongoing support and mentoring to target consumer. The focus on right assistance to this people will ensure a successful transition to work. High quality skill development, education and training will be encouraged by means of incentive scheme for providers and adequate resource will help people with disability to work in remote areas too. The flexible approach will help to address both vocational and non-vocational barrier to employment (Houtenville Kalargyrou, 2012). The main business benefit of employing people with disability is that it will address the problem of unemployment issue in Queensland. It will create opportunities for a diverse workforce and gain advantage by acquiring people with disability in the job, which they could not do earlier. Hence, the disability employment service program will be a better pathway to employment. Recommendation: To successfully implement the disability employment service program, it is recommended that the senior manager make a comprehensive market plan to implement the program. This will depend on planning the feature of the program and creating awareness of the program through storyboard, you tube and mock print media. The main benefit of including people with disability in the job is that they are more reliable and productive staff. They will also promote business in a positive way as they will boost development and effective customer relationship in presence of a diverse workforce (Houtenville Kalargyrou, 2012). Reference Disability statistics | People with disability | Queensland Government. (2017).Qld.gov.au. Retrieved 18 April 2017, from https://www.qld.gov.au/disability/community/disability-statistics/ Hard yakka for job hunters. (2017).Couriermail.com.au. Retrieved 18 April 2017, from https://www.couriermail.com.au/news/queensland/fierce-competition-for-jobs-as-unemployment-in-queensland-worsens/news-story/f6b48138c32cdc9c8468836e75f9ca95 Houtenville, A., Kalargyrou, V. (2012). People with disabilities: Employers perspectives on recruitment practices, strategies, and challenges in leisure and hospitality.Cornell Hospitality Quarterly,53(1), 40-52. NQEmployment Employment Services. (2017).Nqemployment.org.au. Retrieved 18 April 2017, from https://www.nqemployment.org.au/

Huma short essay about Superman II vs. Man of Steel Essays

Jessie Hoang HUMA 1301.208 The optimism of Superman II vs. the x enophobia of Man of Steel Superman is known to be one of the greatest, if not the greatest superhero of all time. However, portraying the live-action version of him, Clark Kent, hasn't been easy. In fact, it has been quite a difficult task that DC films hasn't somewhat mastered. Therefore, Warner Bros. alongside with comic book writers, screenwriters, and directors decided to restart the Superman film series. In 2013, this individualistic character was reintroduced to us with the film named "Man of Steel." However, the discussion has been going on for decades about whether or not this technological-advanced adaptation could potentially overshadow the nostalgic original, Su perman II, with Superman played by the iconic Christopher Reeve. There are several differences between these two Superman movies. However, the biggest difference would definitely be the optimism of Superman II versus the xenophobia of Man of Steel. In 1980, Superman II was successfully released to the worldwide audiences. It featured cutting-edge special effects along with an amazing cast that accurately and splendidly showcased each and every character, leaving the audiences and spectators with a sense of respect and fascination. On the other hand, Man of Steel, directed by Zach Snyder, was another Hollywood megahit released in 2013 that tells a story about everybody's favorite illegal immigrant: Superman. Both of these movies inform us about his native planet, which is the planet Krypton. Unfortunately, this planet is in a huge danger of destruction because its political leaders want to extract the resources out of the core of the planet. Luckily, there is one person that notices and is aware of this approaching circumspection is a scientist as well as Superman's father: Jor-El. Knowing about this alert and how dangerous it is for his son, he embedded Codex, which carries the Kryptonians ' gene pool, int o Superman's body, and sends him to Earth. Coming from different planet makes Superman a foreigner, or even an alien, to the humans on Earth, especially with Codex, Superman is invincible and can only be destroy ed by kryptonite. So how similar Man of Steel and Superman II are? And what is the difference between the two movies if there is any. A lot of fundamentalists have quite a few critics about Man of Steel and how the overall concept of the movie originates from Superman II. Some audiences think that he doesn't fully understand and apprehend the origins of Superman. Some agree that little twists in Man of Steel add a little nice touch to the series, while the others believe that the storyline should stay the same. However, the biggest difference between the two films is the optimism of Superman II versus the xenophobia of Man of Steel. According to Engle, Superman is most American in the display of two identities (assimilated American and proud immigrant), whereas Man of Steel is more xenophobic. In Superman II, people acknowledge Superman as a courageous and powerful individual who helps them fight against the bad guys. It shows how optimistic the movie is trying to portray. In contrast, in Man o f Steel, people view him as a strange foreigner who has superpower that ordinary people could never possess. That is also the reason why people think he might be dangerous to the Earth because superpower can also be very destructive. For example, Jonathan Kent tells his son to be secretive about his power or else the world will fear him. It is not until later o n that they find the good in Superman and finally accept him.

Thomas Malthus Biography

Thomas Malthus Biography Early Life and Education: Born February 13 or 14, 1766 - Died December 29, 1834 (see note at the end of the article), Thomas Robert Malthus was born on either February 13 or 14, 1766 (different sources list both as a possible date of birth) in Surrey County, England to Daniel and Henrietta Malthus. Thomas was the sixth of seven children and began his education by being home schooled. As a young scholar, Malthus excelled in his studies of literature and mathematics. He pursued a degree at Jesus College in Cambridge and received a Masters of Art degree in 1791 despite a speech impediment caused by a hare-lip and cleft palate. Personal Life: Thomas Malthus married his cousin Harriet in 1804 and they had two daughters and a son. He took a job as a professor at the East India Company College in England. Biography: In 1798, Malthus published his best known work, Essay on the Principle of Population. He was intrigued by the idea that all human populations throughout history had a section that were living in poverty. He hypothesized that populations would grow in areas with plenty of resources until those resources were strained to the point that some of the population would have to go without. Malthus went on to say that factors like famine, war, and disease in historical populations took care of the overpopulation crisis that would have taken over if left unchecked. Thomas Malthus not only pointed out these problems, he also came up with some solutions. Populations needed to stay within appropriate limits by either raising the death rate or lowering the birth rate. His original work emphasized what he called positive checks that raised the death rate, such as war and famine. Revised editions focused more on what he considered preventative checks, like birth control or celibacy and, more controversially, abortion and prostitution. His ideas were considered radical and many religious leaders stepped forward to denounce his works, even though Malthus himself was a clergyman in the Church of England. These detractors made attacks against Malthus for his ideas and spread lies about his personal life. This did not deter Malthus, however, as he made a total of six revisions to his Essay on the Principle of Population, further explaining his points and adding new evidence with each revision. Thomas Malthus blamed the declining living conditions on three factors. The first was the uncontrolled reproduction of offspring. He felt families were producing more children than they could care for with their allotted resources. Second, the production of those resources could not keep up with the expanding population. Malthus wrote extensively on his views that agriculture could not be expanded enough to feed the entire population of the world. The final factor was the irresponsibility of the lower classes. In fact, Malthus mostly blamed the poor for continuing to reproduce even though they could not afford to care for the children. His solution was to limit the lower classes to the number of offspring they were allowed to produce. Both Charles Darwin and Alfred Russel Wallace read Essay on the Principle of Population and saw much of their own research in nature being mirrored in the human population. Malthus ideas of overpopulation and the death it caused was one of the main pieces that helped shaped the idea of Natural Selection. The survival of the fittest idea not only applied to populations in the natural world, it also seemed to apply to more civilized populations like humans. The lower classes were dying due to lack of resources available to them, much like the Theory of Evolution by Way of Natural Selection proposed. Charles Darwin and Alfred Russel Wallace both praised Thomas Malthus and his work. They give Malthus a large portion of the credit for shaping their ideas and helping to hone the Theory of Evolution, and in particular, their ideas of Natural Selection. Note: Most sources agree Malthus died on December 29, 1834, but some claim his actual date of death was December 23, 1834. It is unclear which date of death is correct, just as his exact date of birth is also unclear.

Psychology (Personality) Essay Example | Topics and Well Written Essays - 2000 words

Psychology (Personality) - Essay Example The types of questions asked by lay people include the following. What is a personality clash Do people with opposite personalities find each other attractive Can someone have little or no personality Academic questions are also of interest to the lay person, and might include the following. Does personality change much over time What causes (shapes, determines) an individual's personality What are the fundamental dimensions of personality To what extent do personality differences (alone) determine such things as health What causes a person to be an introvert or extravert (more likely an ambivert) Can neurotics be cured effectively Personality psychology is often a child of its investigative method. The couch and the laboratory use different methods, and hence develop different concepts and theories of personality. Personality psychologists, unlike many of their biological and cognitive colleagues, are often 'whole-person' psychologists, not focusing exclusively on beliefs, emotions or cognitions. Many have tended to ask 'big' questions, such as the following. What is the relative importance of the past, the present and the future to the development of personality What motivates human behaviour How important is the concept of self How consistent is human behaviour (Hergenhalin, 1994). As Cook (1984) notes, there are many different and important reasons for studying personality - obviously to gain a scientific understanding, but also to assess people accurately and to try to change people. He also argues that some theories look at the development of personality and others examine the structure of personality, w hich attempts to get below the surface of observable trait-type behaviours by examining biological, phenomenal or motivational factors. Carver and Scheier (1992) argue that, whereas some personality theorists (especially trait theorists) are interested in the structure of personality, others are more interested in its functioning. Both are important, but the result is often the development of separate theories and approaches. Personality theorists and researchers have influenced and have also been influenced by many other disciplines. Indeed, there is evidence that personality differences are related to different interests in psychology. Thus Zachar and Leong showed that pure (scientific) vs. applied (practitional) graduate students had quite different personalities. Pushing graduate students into strong practitioner-personality orientations to become scientists makes as much sense as trying to convert an introvert into an extravert. However, introverts may benefit from some training and social skills, just as practitioner-orientated graduate students can learn to think and evaluate their interventions scientifically without having to become a practising scientist. (Zachar and Leong, 1992, p.676) Sociologists and anthropologists have influenced some personality theories by discussing what goes on 'outside, around and among' individuals, rather than what goes on inside them. Lately, however, it has been biologists and geneticists whose ideas and discoveries have most influenced personality research. Certainly this trend looks likely to continue. Behaviour genetics, cognitive neuropsychology and multivariate statistics probably represent the most influential contributions to the discipline at the moment (see Section 1.11). Personality psychology aims to provide viable

Financial Managment worksheet 1 Essay Example | Topics and Well Written Essays - 1250 words

Financial Managment worksheet 1 - Essay Example If a company can also cut down on the accounts receivable period and convert the accounts receivable into cash in a much faster time, the less cash it needs to maintain as it can meet its current obligations with the cash that comes from the collections. However, revising the credit policy will entail a cost, that is, the possible reduction in sales as customers are given shorter time to pay for their purchases. There has to be a balance then, as to what will be the new policy and the effect of it on sales. The cash conversion cycle is the sum of the inventory period, the accounts receivable period less the accounts payable period. Therefore, in order to improve working capital management, the company can do something with the inventory period, the accounts receivable period or sometimes with the accounts payable period. If a company cuts the production time and convert them into sales, the less cash the business needs in order to meet its obligations. Cash from operations is generated by selling inventories, then receiving cash, or receiving a promise to receive cash in the form of receivables. The cash generated from operation depends on how fast the firm converts inventory into cash, therefore using cash to pay for additional purchases in inventory, and help meet short-term obligations. By increasing the inventory turnover, the firm can have inventories converted into cash. However, there is also a cost to resorting to this option. This means that, in order for the firm’s inventory to be sold faster, it has to increase its efforts on marketing and promotion of its products, thus incurring additional expenses. By ensuring that sales come in faster, and inventories turned into cash are reinvested for additional purchases of inventory, the effort is on generating sales mostly with cash payment. In order to match short-term needs with short-term sources of financing, another option can be to borrow for short-term.

Sky broadband Essay Example | Topics and Well Written Essays - 2500 words

Sky broadband - Essay Example In theory and practice, IMC strategies are aimed at combining or integrating the elements of the communication mix, such as advertising and public relations in order to create a balanced and consistent marketing communications message that strengthens the brand. IMC, if managed correctly gives an organization a competitive advantage because of its cost effectiveness and its ability to maximize the impact of its product and services development and the communication of the organization's messages within the marketplace (Ireland, 2002). There is no shared definition of integrated marketing communications in the scholarly literature, but the tenets of IMC have been adopted by businesses globally, and scholars do agree on the theoretical underpinnings of the IMC model (Kitchen, Schultz, Kim, Han, & Li, 2004). The literature offers some outlines for conceptual frameworks that can guide agencies and organisations to ensure an effective implementation of an integrated marketing communications program (Kitchen, Schultz, Kim, Han, & Li, 2004). According to Fitzpatrick (2005), "... According to Fitzpatrick (2005), "one of the defining features of IMC is that it uses all forms of communication and all sources of brand or company contacts as prospective message delivery channels. The ultimate goal is to influence buying behavior through directed persuasive communication targeted to a broad range of stakeholders that influence brand image and organizational reputation" (p.94). Scholars and practitioners of marketing communications believe that the increase in the number of communication channels, media fragmentation, segmentation of consumer preferences, sophistication of consumer databases and analysis, and importance of relationship building to strengthen brand image has forced institutions to consider and adopt a more sophisticated, strategic, and integrated marketing communications effort (Kitchen, Schultz, Kim, Han, & Li, 2004). Integrated marketing communications has evolved from a concept of bundling all of an institution's communications in order to speak with one voice, to a strategic management effort that utilizes detailed consumer information to develop relevant communication (Kim, Han, & Schultz, 2004). Kim, Han, and Schultz (2004) stress the need for organizations to speak to their consumers with an integrated approach because today's consumers are not dependent on organizations to provide them with information. Technology has helped to fragment the current media environment and to increase the speed of information gathering. The result is that consumers are able to integrate their product information consumption without the aid of the organization. In addition to message integration, effective IMC must be supported by marketing budgets and appropriate staffing, skills, and

Expatriation, expenses, advantages and disadvantages

Expatriation, expenses, advantages and disadvantages Expatriation, the practice of sending home country managers to other country locations, is a popular, albeit expensive practice among multinational corporations. Expatriates are charged with facilitating the bidirectional flow of knowledge and resources between company headquarters and overseas subsidiaries. Typically, the company expects its expatriate managers to infuse company philosophy into the local subsidiary, as well as to impose policies and procedures consistent with headquarter operations. They are often responsible for the movement of financial resources, whether this be physical capital or the ability to tap local debt and equity markets. They bring with them managerial as well as technical expertise, functional capabilities, or the training necessary to develop these among the local personnel, and structural and control systems. Among these are appraisal systems and motivational tools and incentives. Either while on assignment or upon repatriation, the expatriate should be able to share information with the parent company regarding local infrastructure, such as roads, housing conditions, and transportation systems. In addition, knowledge regarding the political climate, negotiating techniques, host government concerns, and consumer preferences is passed on to the parent. Finally, expatriates should learn a great deal about business practices specific to the regions where they have been assigned, including holidays and observances, accepted business attire, and the appropriate ways to communicate and socialize with co-workers and locals in general. Background: Given the rapid rise in the internationalization of markets, competition, and technology, expatriates—and in particular long-term expatriates—can provide much of the value-creation opportunities global firms are seeking. But as the numbers of assignments increases, along with their annual cost by some estimates, two-to-four times the individuals base salary, there is need to assure such assignments are being effectively utilized in achieving Companys strategic goals. Only 57 percent of the global firms responding to a 2005 survey by GMAC Relocation Services perceived their return on investment (ROI) in expatriates to be â€Å"good† or â€Å"excellent,† with only 43 percent indicating they had specific programs in place to improve it. Other surveys show that up to 85 percent of managers do not even attempt to demonstrate the ROI of long-term international assignments, nor do they measure it. Thus, expatriate ROI appears to be, not only rarely calculated among global firms but also not widely used as a tool to reduce expatriate costs, despite a growing economic environment of global uncertainty, cost cutting, and risk. Introduction: This report is designed to investigate effectiveness of expatriate remuneration in a multinational organization. For this purpose I have chosen ICI, as this company is operating in many European as well as Asian countries and still in continuation of expanding its operations. Goals for the expatriates in ICI, with the study carried to analyse the effectiveness in achieving those targets are featured in this small study. This study will examine how the expats are remunerated and what bases are used in doing so, furthermore basis opted for rewards system. Others matters considered alongside are considerations for the costs of family residency, insurances, childrens education, properties, and other expenses; including incentives. Gains and nuisances of the expats are issued for the consideration from expats points of view. Moreover explanation of the research methodology coupled with justification for the research is complied in. Due to the nature of the topic, secondary sources of information are used as the primary sources were difficult and time consuming. ICI has many expatriates around the world in various countries of different continents, which includes Asia, Europe- as required by its diverse operations. Sending expatriates on long term assignments is complicated as it triggers diverse needs (i.e. social needs, ethical issues, religions, family commitments and backgrounds, etc). Therefore on one side selecting, enticing, and retaining expatriate staff for long duration of their foreign assignment and on the other designing rewards system for such complex and diverse roles adds difficulties for the organization. Aim and Objectives: This study aims to investigate the effectiveness of expatriate remuneration at ICI. In order to achieve this aim, the following objectives have been set: * Develop a model for measuring expatriate remuneration. * To assess the current expatriate remuneration for ICI. * To conduct fieldwork and collect data on the effectiveness, ethics, etc. * Analyse the results of the fieldwork and present the results of the investigation. Model for measuring Expatriates Remuneration A large studies conducted by the researchers concluded that only 51 out of many global firms participating in the study desired to obtain an acceptable ROI from their expatriates. ROI determinations should also include nonfinancial costs and benefits in order to capture the long-term, post assignment benefits— such as skills transfer, global leadership capabilities, succession readiness, and other talent management objectives. McNulty and Tharenou have defined expatriate ROI as â€Å"a calculation in which the financial and nonfinancial benefits to the firm are compared with the financial and nonfinancial costs of the international assignment, as appropriate to the assignments purpose.†This definition implies two important conditions: * Managers must know the intent for using expatriates—how the purpose of an international assignment is linked to a firms overall global strategy—in order to then track the benefits and costs. * Managers must include both tangibles and intangibles when calculating and comparing costs and benefits. Accurate rates of return are then more likely to be determined when the benefits are compared with the costs, even if a cost is financial (e.g., the cost of cross-cultural training) and the corresponding benefit is nonfinancial (e.g., the benefit of improved performance). In turn, these conditions imply a robust system for creating, approving, documenting, tracking, and evaluating international assignments. Assessment the current expatriate remuneration for ICI During the course of my study I focused my study plan on remuneration of 10 Individuals designated as expatriates with a responsibility of transferring ICI system IT-based skills to other subsidiaries/ offices located across the regions. The individuals selected were salaried Approx. around  £ 4,000 per month during course of their normal office routine work. When and as employee designated as expat, a separate remuneration model was designed for each keeping in view the following * Working hours * Job specifications * Number of travels/locations to different sites * Period for which the expat assigned for the special assignment The model devised without considering as exception circumstances is illustrated below * If the expat tenure for the special assignment is for a period covering more than 2 years, the expat is allowed to take is family (wife and children) along, at his discretion. The salary package of the said expat will be 180% of his gross salary during this tenure. * If the expat tenure for the special assignment is for a period less than 2 years, the expat is not allowed to take is family at COs expense. However he will be allowed to claim return air tickets thrice a year with 20 days paid leaves and will be remunerated at 140% of his original gross salary. * All the medical and other facilities entitled to the employees during routine office duty shall retain and other expenditure related to the business such as travelling, out of pocket expenses shall be reimbursed to the employees. Problems faced by expatriate while implementing head office system/ rules * Expatriates were charged with either learning the host language or communicating through gestures or other non-verbal methods, or they may invoke the services of translators or interpreters * Psychological types of strains, including the negative psychological reactions of anxiety, anger, and frustration when not been able to deliver or transfer knowledge due to national/ regional differences. * Relationship between sociability and cross-cultural adjustment makes them feel alienated. * Understanding of the values and norms of the local nationals was hard to follow and observe.  · Patience was required to build the relationships and the trust. Fieldwork and Ethics Issues Meeting the Senior Manager Finance Manager during their valuable busy working hours and requesting them to give some guideline by providing knowledge about the Expats and the remuneration model designed for the assignments. Moreover during discussion session with the managers, I insisted on asking more details and insights that were not available documented, for which the senior manager was hesitant of doing so, as in their opinion certain information was very sensitive and arise tax sensitive issues. The analysis also involved use of companys IT resources like internet, desktop and other ancillary equipments. Moreover in gathering information about my research/field work I had to make certain quality compromises, as the information was not readily available and the management was hesitant over concerns regarding its secrecy. Following is the data gathered and analysed of the employees during their services as expats. Name of the Employee/Expat ID # Gross Salary Special Assignment Allotment Salary for m/o Dec ‘09 Medical Travel plus Misc Total John Desusa 345 3,500 140% 4,900 100 450 5,450 Ali Kirmani 6576 3,000 140% 4,200 1,110 367 5,677 Patric Mandela 356 4,000 140% 5,600 521 1,200 7,321 Keith Ronaldo 6787 5,000 140% 7,000 124 290 7,414 John Ferry 754 4,000 180% 7,200 413 300 7,913 Harban Bhaveja 7564 4,500 180% 8,100 20 394 8,514 Research Methodology: Data are analysed through primary and secondary data research. This is where financial value i.e. quantitative data or the brand image i.e. qualitative data for ICI will be inspected in those countries where expats are doing the work. This will be done by individual countries examination of customer base and/or business base; depending on what expats have been sent for and what is meant to be achieved there. Knowledge of all countries is brought together for expats as well as all costs incurred; are part of this study. It has complete similarities and differences within this duration of expatriation. These include currency evaluations differences in other countries and the amount that has been spent in those countries is worth the effort. However, this should mean that the expats are giving identical efficiency level as they would have while being in the UK in the away country depending on the targets being given. In most cases, ICI gives a smaller pay due to the economy being down. However, still pays well even after slump where GBP is strong. Data Collection Methods: Due to the nature of the topic, both primary and secondary sources equally provided appropriate and valuable information. Although using the former source was difficult and time consuming. Primary Source An interview was held with Mr. Zawan Navade Senior Finance Manager ICI. The primary purpose of this interview was to assess the potential benefits expats providing to the Organisation with the cost being incurred. Moreover, a meeting was arranged with the Human Resource Manager to gain information regarding the design of the remuneration packages related to the potential benefits to the entity. Secondary Sources These consisted of the following * Payroll Sheets * Documented Reward system * Special assignment contracts Limitations: Financial data by itself may not be sufficient for the purpose of my research work, therefore expert input from Companys senior executives was required but most of the information in my research report is secondary as I was not able to directly approach the companies executive all the time and have limited use of their valuable time due to their tight official schedules and their reservations.

Hamlets Tragic Flaw is Death and Tragedy Essay -- essays research pap

Does Hamlet have a tragic flaw? If so, what is it and how does it effect his surroundings and how does it effect Hamlet himself? What is the outcome of his flaw? Hamlet has a tragic flaw in his personality and behavior. His flaw is that he is overly concerned with death and tragedy. This flaw or weakness in Hamlet leads him into a world of chaotic surroundings and madness. Hamlet's flaw and his mad personality led to the death of several people, including his mother and the King of Denmark! If Hamlet did not have this fascination with death and tragedy, the deaths of the several people would not have occurred--including his own. Hamlet did not always have this flaw in his personality. The flaw was presented to him by a ghost. The ghost of Hamlet's father told Hamlet that he was murdered by Claudius and asked Hamlet to avenge his murder. This is where the flaw is adopted by Hamlet and begins to effect his life. Hamlet begins to dig deeper and deeper to find the truth. He puts on an act of madness to disguise his revenge. Hamlet becomes so over-whelmed with death that death is all...

Alcoholism and Public Health Law Essay

Alcohol consumption poses a threat for many public health harms. Impaired driving is one of the largest contributors to motor vehicle crashes (Burris, Grunwald, Anderson, &ump; Filippoli, 2011). In the United States each year roughly 13,400 people die and an additional 255,500 are injured in motor vehicle crashes involving an alcohol-impaired driver according to Burris et al., 2011. In 2006, these crashes accounted for almost a third of all U.S. traffic-related deaths (Burris et al., 2011). Alcohol is the most commonly abused substance in the United States according to Pandrea, Happel, Amedee, Bagby, &ump; Nelson, 2010, and studies show that reducing alcohol consumption can lead to public health improvements such as decreased incidence of â€Å"liver cirrhosis, delirium tremens, male suicide, criminality, hospitalizations, alcohol-related disease mortality, workplace injuries, STDs, IPV, rape, robbery, and severe violence towards children† (Jernigan). Public heath deals with m any other issues that cause burdens to individuals and society alike such as obesity and gun use. Over the past several months, headlines in the news have been echoing â€Å"Chocolate Milk Removed from School Lunches,† and â€Å"Senate Considers Federal Tax on Soda.† While the removal of chocolate milk from school menus has actually happened in certain school districts across the country, federal tax on sodas has only been a proposal at this point. However, both echoes resounding through the news originated from escalating research that America’s twin epidemics of diabetes and obesity are due to diets high in sugar. The end result is that the actions taken to fight obesity have not been classified as either effective, uncertain, or harmful consistently through studies and research because there are too many variables like genetics, other sugar-loaded beverages and foods on the shelf, lack of exercise, abundance of video games, and the lifestyle one is accustomed that contribute to obesity as well. But even with the slightest inclination eliminating chocolate milk or federal tax on soda will eliminate sugar from obese population’s diet and thereby reduce weight, support groups and supporting research seem to load up the band wagons. Alcohol abuse is certainly an epidemic, and the domino effect of negativity it can cause in one’s life and surroundings creates a dismal forecast into the future of American public health somewhat similar to the obesity epidemic. Obesity and alcohol consumption act as a comparison between two similar, yet contradictory issues, much like public health and  public health law. High-risk drinking results in many consequences for public health and unlike obesity and soda tax, a multitude of systematic literature reviews conducted by highly-regarded scholars and published by credible organizations or peer-reviewed journals prove taxes that increase the price of alcohol effectively reduce overall alcohol consumption. Although ways to reduce alcohol consumption are not made glamorous in the news like many other trending public health epidemics, alcohol abuse is one of the few conflicts public health epidemiologists and economists have derived a bullet proof plan of action to effecti vely reduce its harmful effects. This manuscript serves as an evidence brief summarizing the problem, the law, the evidence, and the bottom line pertaining to the effect of increasing tax levels on alcohol use, and to prove why understanding public health law and policy is essential in bridging the gap between proven studies performed by public health professionals and the legislators and lobbyists who can implement the findings. Using the current state of obesity as an example was merely to cast light on the standstill alcohol abuse is undergoing, which ultimately resides in the poor connection between public health research and public health law. However, it is worth noting that other strategies exist to control alcohol abuse besides trying to impose what some may call a â€Å"sin tax,† such as comprehensive prevention programs: 1) Offer and promote social, recreational, extracurricular, and public service alcohol-free options; 2) Create a social, academic, and residential environment that supports health-p romoting norms; 3) Limit alcohol availability both on and off campus; 4) Restrict marketing and promotion of alcoholic beverages both on and off campus; and 5) Develop and enforce policies and laws at the campus, local, state and federal levels (The Demand for Alcohol: The Differential Response to Price, 2005). The elements of a comprehensive prevention program limit some of the damage caused by alcohol abuse but the epidemic flows forward. Numerous epidemiological studies have demonstrated that alcohol use disorders (AUDs) such as alcohol abuse and alcohol dependence are widespread in the general population of the United States, with approximately 8.5 percent of adults having had an AUD in 2007 (Falk, Yi, &ump; Hiller-Sturmhofel, 2008). Moreover, many people suffering from AUDs also suffer from one or more other psychiatric disorders, including other drug use disorders (DUDs), mood  disorders like major depression, anxiety disorders, or personality disorders like antisocial personality disorder (Falk et al., 2008). Falk et al., 2008, also reported the prevalence of alcohol use and AUDs is much higher among people with drug use and DUDs, respectively, than vice versa. This reflects the fact that alcohol is much more widely used than other drugs may be a gateway to the use of illegal or mo re potent drugs (Falk et al., 2008). Falk et al., 2008, reported that their results showed a dose-response relationship between the two classes of substances, with rates of drug use, weekly drug use, and DUDs increasing â€Å"monotonically with increasing levels of alcohol consumption and the presence of AUDs.† The descriptive study by Falk et al., 2008, not only portrays the grim effects of alcohol abuse but is also just one of the many credible reviews providing prevalence estimates providing health care policymakers and treatment planners with a â€Å"comprehensive assessment of the state of the use, co-use, and co-morbidity of alcohol and other drugs in the United States.† The flow of abuse and effects unfortunately does not have a dam, and floods further along into public health. Justice, Lynn, &ump; Fiellin, 2010, have shown that past and present alcohol consumption directly influences HIV progression and survival by altering timing of, adherence, and response to medication designed to minimize levels of HIV in the body like antiretroviral treatment (ART). Alcohol use also influences patient outcomes by increasing the risk for HIV and antiretroviral associated co morbidities, including liver disease, cardiovascular and cerebral vascular disease, pulmonary disease, bone disease, and cancer (Justice et al., 2010). Those with HIV have a lower tolerance for alcohol, according to Justice et al., 2010, yet preserve intense levels of consumption as they age and the growing effects of past and current alcohol consumption is likely to increase because patients with HIV infection are expected to live 20 to 30 years with ART. Lamentably, alcohol is a terror that looms around society and affects the weak and strong alike. Strong populations mostly include college and university students, who likely do not have HIV or AUDs or DUDs while pursuing a higher education. However, 25 percent of students report academic problems caused by alcohol use according to The Demand for Alcohol: The Differential Response to Price, 2005. Students who practice high-risk drinking are at risk for a host of problems, including: 1) A decline in academic performance  due to poor grades, missed classes, and falling behind that may lead to academic probation or dropping out of school; 2) Engaging in unprotected sex; 3) Increased risk of perpetrating or being a victim of violence, including sexual assault, hazing, vandalism, and fights; 4) Health problems related to alcohol use; and 5) Injury, arrest or death due to drinking and driving, or other alcohol-related causes (The Demand for Alcohol: The Differential Response to Price, 2005). Much like concrete cracking and eventually more and more cracks ensuing, are the secondary effects alcohol abuse has on campuses. Firstly, drinking undermines the goal institutions of higher education set forth, since heavy drinking leads to a decline in academic performance. Furthermore, heavy drinking can affect the campus as a whole through reducing retention rates, increasing expenses due to damage from vandalism, and branding the institution as a party school. The â€Å"party school† image may attract students who choose to be in high-risk settings, increasing the likelihood of alcohol-related incidents on campus (The Demand for Alcohol: The Differential Response to Price, 2005). Students who do not drink may also experience negative consequences of alcohol use by their peers according to The Demand for Alcohol: The Differential Response to Price, 2005. Effects may include study or sleep interruption, taking care of a drunken friend, having an unwanted sexual advance, hav ing property damaged, and being a victim of violence including physical or sexual assault. Over three-quarters of students living on campus have experienced at least one of the negative secondary effects of alcohol use at their school (The Demand for Alcohol: The Differential Response to Price, 2005). Perhaps a creative genius health professional strategizes a prevention program that eliminates alcohol consumption, only a short duration of time will pass and the marketing departments of major breweries will promote their brand in a way to pull the public right back into the flow of intake. Or maybe no successful prevention program forms, but raising the excise taxes on alcohol is being accelerated by legislature efforts in order to reduce alcohol consumption and abuse. In this case, consistent industry political donations and lobbying aimed at keeping alcohol excise taxes from increasing are in place for these companies profiting from their unhealthy product. The primary problem this brief sought out to analyze is alcohol abuse and the extensive list of problems discussed in detail above it  causes. The problem paves the way to the law. And given the circumstances that stricter law enforcement and prevention strategies have only resolved a minute fraction of the problem, the law is the answer as it offers a glass ceiling. No federal tax increases have been implemented since 1991 and many states, although legislative efforts have been accelerating across the country, have failed to increase the tax. However, tax law in the epidemic of alcohol abuse, is the solution with most opportunity for proving effective. Burris et al., 2011, define tax law as a mechanism for reducing consumption of unhealthy products. The same news that reported the removal of chocolate milk from selected school districts has reported increased taxes on cigarettes, so it is simple to understand that both the federal government and the states have used taxes as a means of increasing the cost of products associated with health risks in the past. Taxes can be levied upon the production and or sale of alcohol and are often described as excise taxes Burris et al., 2011, have reported. According to the Federation of Tax Administrators, almost every state taxes the sale or production of beer, liquor and wine (Burris et al., 2011). Nevertheless, increasing alcohol tax is not as straightforward and effortless as simply applying the definiton of tax law to the problem and stepping away. State readiness to act on alco hol tax research findings marks the beginning of constructing the bridge that will essentially connect public health to public health law. Many key factors are subject to broad consensus among members of the Coordinating panel and other participating experts (Tremper &ump; Mosher, 2005). Components that are most important are the budget deficit or other substantial need for the state to raise taxes, the strength of the advocates/coalition that would introduce research findings, and the availability of funds that can be used for legislative advocacy. Items of decreasing importance are existence and efficacy of a lobbyist for the issue, well-positioned champion in both houses of the legislature, and the political strength of the alcohol industry and its allies. Other factors include support of the governor, permissibility of earmarking, high proportion of nondrinkers, high proportion of evangelicals and/or fundamentalists, and support of major media (Tremper &ump; Mosher, 2005). Discussion of the former findings serve as a starting point for analyzing the conclusions of specific literature reviews that increasing alcohol taxes  improves public health and that various factors affect the likelihood that research findings will influence alcohol tax policy. After the preliminary analysis, possibly the most important finding to extract is the consent among alcohol tax advocates, legislative process experts, advocates who have successfully used research findings to influence tobacco tax policy, and other interested parties in regard to state tax policy, and whether a state needs to raise taxes for financial reasons. Tremper &ump; Mosher, 2005, have stated that in practical terms reflecting political realities, if a state is not facing a budget deficit, raising alcohol taxes to achieve public health benefits is highly unlikely. Continuing strain on state budgets has a high likelihood of continuing; therefore, raising taxes is going to be on most states’ legislative agenda for the projected future. Another important finding that bodes well for alcohol tax to appear on legislative agendas is that alcohol taxes are low by several measures and in some states have not been raised for decades, which means that inflation has reduced them t o a fraction of their previous level (Tremper &ump; Mosher, 2005). For example, had the beer tax merely kept up with inflation, it would be more than three times today’s rate of $18 per barrel; the liquor tax would be more than five times its current rate of $13.50 per proof gallon (Alcohol Taxes on the Federal Front, 2005). As prices rise, the relative importance of the taxes falls, unless Congress raises them according to the website Alcohol Taxes on the Federal Front. The website further foes on to state statistics indicating beer and wine taxes have been raised only once in the past 55 years, liquor taxes only twice and as a result, tax revenues that accounted for 12 percent of the sales of alcohol in 1980 now amount to only 7 percent of total sales. The result is a de facto subsidy on drinking and extra profits for alcohol manufacturers at the expense of taxpayers (Alcohol Taxes on the Federal Front, 2005). CONCLUSION: The beer industry has long opposed raising taxes on its products, even maintaining that they should be lowered. However, lower beer taxes would only add to the deficit, cater to a prosperous industry, reward and encourage heavy drinking, and attract more young drinkers, fueling increased alcohol problems and increasing public costs. The best interests of consumers, young people, the U.S. Treasury, and the public health and safety  of America would be better served by raising, not lowering beer taxes. (Alcohol Taxes on the Federal Front, 2005)

The Lady and the Tiger †English Short Story

The Lady and the Tiger – English Short Story Free Online Research Papers The Lady and the Tiger English Short Story The short story, The Lady and the Tiger is based around the life of a princess and the justice system along time ago. The punishment for all crime big or small was to be placed into an arena with two doors in front of you. Behind one door stood a tiger and your death, and behind the other stood a beautiful woman for you to get married to and have a happy future ahead of you. If you were to get the lady it proves that you are innocent and you receive your award right away. If you were to get the door with the tiger it shows that you are guilty and you have to have consciences right away and you are killed. The ending of the story is left up in the air and it is your decision to choose based on the perception you have of the princess’s character. Based on the facts of the story it comes down to if you believe she picks the door for jealousy or for her love of this man. The facts in the story could lead anyone one way or another it is pretty much based on how you interpret the situations in the story. The tiger may have come out because of many reasons, the princesses was said to be spoiled, paranoid, semi-barbaric and many other things leading to the jealousy of seeing the man happy to be with anyone but her. She may have also picked this door because she knew that the agony of not being together was solved very easily and quickly for the both of them. However my feelings of which door she directed him to was the lady. With all her jealousy, her love, and her emotions are stronger and if they were to be truly in love she could not stand to watch the man she loved be killed right in front of her eyes. Especially, knowing that it would be her decision whether he was brought to his death or shown mercy. The things that were said about the man getting killed and wrestled by the tiger was a nightmare of what could have happened if she were to have chosen the door with the tiger behind it. She loved this man and anyone truly in love would want the best for her partner even if it may be difficult for them. I did not even question which door I thought the princess directed the man to when I first read this short story, but when people started to speak their views on why they thought she may have chosen the tiger I could easily have seen it leaning either way. I thought and tried to pick apart every small thing which may have made the decision easier. In the end my decision had stayed the same and not shifted. I think the main reason is because with what I have seen in my life is that if you are truly in love your emotions over come jealousy and you would have directed the man to a happy future instead of a brutal death. Research Papers on The Lady and the Tiger - English Short StoryHonest Iagos Truth through Deception19 Century Society: A Deeply Divided EraStandardized TestingWhere Wild and West MeetComparison: Letter from Birmingham and CritoHip-Hop is ArtInfluences of Socio-Economic Status of Married MalesBionic Assembly System: A New Concept of SelfQuebec and CanadaThe Fifth Horseman

Lets make the world a no clone zone essays

Lets make the world a no clone zone essays Lets Make the World a No-Clone Zone Lets Make the World a No-Clone Zone is a very straightforward and powerful article which lists many reasons why anything and everything about cloning should be illegal. In her article Therese M. Lysaught acknowledges there is plenty of factual information or counter evidence that her opposition might use to fight her argument. Her purpose for writing this article is to get it set in peoples minds that cloning is morally and ethically wrong and should be banned completely. At the start of the article Therese has a very good thesis; Banning the use of cloning to create babies doesn't go far enough, Even so-called therapeutic or research cloning involves the destruction of human embryos and therefore is not only problematic, but also immoral (Lysaught par1). The thesis sets out her argument and lures the reader in with her powerful word choice and her appeal to emotion. Even if the readers already disagreed with the title they would be so intrigued by her well-written thesis they would have no choice but to just keep on reading. Therese Lysaught is attacking anyone and everyone who feels cloning should be legal. But her main targets are those with the bigger voice, the politicians. She comes across very intimidating in stating her side of the issue, using a lot of easy-to-follow, factual information, which most people are more likely going to be able to understand. For example, according to Lysaught, cloning is a technique used to make an embryo that is an exact copy of another organism, it does this "A sexually," which means without using sperm. There is also another form called reproductive cloning which is where the embryo is planted into the womans womb and grown to test the effects of various toxins, or to mine them for their stem cells(Lysaught par7). Ms. Lysaught does a good job being intimidating...

What does the Ionian revolt tell us of the nature of Persian imperial Essay

What does the Ionian revolt tell us of the nature of Persian imperial rule - Essay Example At first sight, Ionian revolt was caused by the reasons, which can’t be called occasional. Ionian cities were first of all trade centers. The capture of Hellespont and Bosporus by Persians was fatal for the trade and the competition from the side of Phoenician merchants was becoming more and more threatening. Besides the economic damage, Ionian cities suffered from political pressure: in all the cities, ruled by Persians there were tyrants appointed. The failure of The Scythian Campaign of Darius disrupted the prestigious of his army. At last, the fewness of Persian troops located in the western part of Asia Minor made Greeks confident of the fast victory. The history of V century BC deserves special attention. It was an excellent example of how the mistakes in the organization can spoil the results. By the end of VI century Persia was the most important player on the arena of the Middle East. This country gained much power and influence during the government of Achaemenid dyn asty. It conquered such powerful east-Mediterranean states as Midia, Lidia, Babylonia and Egypt. After the last Lidia’s ruler Kreza was defeated, Persians had conquered the Greek colonies that were located at the west coast of Asia Minor. Now it is the territory of the modern Turkey. Most of the colonies had been established by Ionians. Till this time people who lived there considered themselves to be Greek and were engaged in trade. They had to pay contribution to Lidia who controlled their land. In return Lidia provided Greek with autonomy and right to act without obstacles. Ionians has good relations with their strong neighbor. They were dependent, but had peaceful and satisfied life. However, everything changed when the Persian Empire took control over the lands. The situation changed for Greeks completely. They appeared under control of a very strong and strict conqueror, who dictated his own, unbeneficial rules. Thus, it seems rather understandable that Greeks refused t o keep their previous status under new rule and this resulted in rebellion in the 499 BC that played a very important role in Greek history. It is not very easy to judge what happened in reality and what the main reasons for such rebellion were, because the only source of information is work of Herodotus â€Å"The History†. He was known as the father of history and at the same time as the father of stories, some of which are considered to be the product of his own imagination. So, the credibility of information found inhis work is pretty disputable. Herodotus was Greek, he was born in Halicarnassus. He was exiled from his native town and had to leave for Athens. There he worked on the description of the conflict between Greeks and Persians. Historian annals were not created during that period of time, thus Herodotus is deservingly considered to be the pioneer in this field and genre. The trouble is that in the most cases he did not care much about the credibility of facts and preferred to present his own opinion than the real facts. Moreover, he depicted history from the position of Greeks and also had prejudices towards Ionians. So his depiction of Ionian rebellion should be considered from a critical point of view. The rebellion failed. And in this case the actions of Herodotus were predictable. He tried to find a scapegoat. He did not reveal the real reasons of defeat and the easiest way that he found was to accuse Aristagoras, the leader of Miletus, in failure. So it is very difficult to

Banana is the best fruit for human being Essay Example | Topics and Well Written Essays - 500 words

Banana is the best fruit for human being - Essay Example Banana is a wholesome nutritious food and a rich source of carbohydrate, dietary fibers and natural sugars like glucose, fructose and sucrose (Andrews). Therefore, when consumed, banana gives instant, continuous and considerable boost of energy. In fact, researched has reveled that, â€Å"two bananas provide enough energy for a strenuous 90-minute workout† (Sanchez). Hence, most of the world’s leading athletes have included banana as an integral part of the diet. Banana is also rich in potassium which helps to prevent fat from accumulating in the arteries and thereby helps the heart to function normally (Schmidt). Vitamin C in the banana helps to absorb iron, create connective tissue and form blood (Schmidt). In addition, unlike other fruits and vegetables, banana has been found to retain its nutritional content even after being picked. Therefore, banana should be a vital item in everyone’s diet (Focus on Mexico). The rich presence of vitamins and minerals in banana help to address or prevent several illnesses and medical conditions. Being rich in potassium and low in salt, banana is a perfect fruit to help address high blood pressure (Helen). Research has also revealed that regular consumption of banana can reduce the risk of death by stroke by as much as 40%. In fact, the U.S. Food and Drug Administration has permitted the banana industry to officially claim that banana can reduce the risk of blood pressure and stroke (Helen). Individuals trying to quit smoking benefit from banana as Vitamin B6 and B12 in banana and the presence of potassium and magnesium in the fruit have been found to help the body to recover from the effects of nicotine withdrawal (Helen). The high fiber content in the fruit is also helpful in restoring normal bowel movement and prevents constipation (Helen). In addition to these benefits, banana has been found to help address depression, anemia, stress, ulcers and heart burn. These benefits reveal that banana should be included in

Capital budgeting decision is whether to lease or buy an asset Essay

Capital budgeting decision is whether to lease or buy an asset - Essay Example It is very important to study all capital investments options that are available with the firm because of the long-term consequences. The simplest example of a capital budgeting decision is to decide if a firm should buy an asset or lease the same. Buying the asset will result in capital investments while leasing will lead to operational outflow. Capital budgeting methods In order to evaluate the capital budgeting options available with it, a firm can use many of the following ways: Net Present Value: Net present value is the cash the firm will need today as a substitute of making the investment of purchasing the asset (Ross, Westerfield, Jaffe, 2004). If the NPV is positive, this means that the firm will get that cash amount equal to the NPV. The calculation of the net present value takes into account the time value of money along with the cash flow associated with the project throughout the lifetime. A project should be pursued if the net present value is positive. Internal rate of return: This is the discount rate that makes the Net Present Value of a project zero. If the IRR of purchasing the asset is greater than the discount rate, the asset should be brought. Otherwise, the asset should be leased. ... Profitability index: The profitability index ratio is an indication of the cost associated with the project viz-a-viz the initial investment made. The ratio can be calculated as: Accounting rate of return: Accounting rate of return is the rate of return that is generated from the proposed capital investment. Each method has its own advantages as well as disadvantages. While NPV calculation is based on too many assumptions including that of the future cash flows as well as the return on equity. The calculation is also based on the premise that the cash flows generated are invested back at the discounted rate which is not a realistic assumption. The internal rate of return calculation assumes that the returns from the project are re-invested in the project. However, this might not be true in most of the cases. In addition, if the project has multiple positive and negative cash flows, it may have several IRRs. As a result of this, firms shall use modified internal rate of return (MIRR), which is the discount rate that makes the investment equal to the future value of the cash flows from investment (Kierulff, 2008). The actual method used for capital budgeting decisions differ from firm to firm depending upon the size of the firm, the rate of growth of firm and leverage of firm amongst others. Graham and Harvey (2000) in their paper â€Å"The theory and practice of corporate finance: Evidence from the field† indicate that net present value and internal rate of return are the most popular methods used for capital budgeting decision methods. They also concluded that there is no dependence of the method used on the growth rate for firms with smaller debt ratios. Large firms are more frequent user of NPV as compared to smaller firms. Public companies are more likely to

Abercrombie and Fitch report Essay Example for Free

Abercrombie and Fitch report Essay Abercrombie Fitch was established in 1892, and originally was a retailer of outdoor and sporting goods. In 1976, it went bankrupted and was acquired by Limited Brands in 1988. Michael Jeffries was nominated to become CEO in 1992, and he dramatically improved the status of AF to be a global fashion retailer. Now the symbol of American style and beloved brand by many customers worldwide, Abercrombie and Fitch produces mainly apparel, fragrance and lifestyle goods targeting at consumers aged from 18 to 25. There are 4 sub-brands in AF which are Abercrombie and Fitch, Abercrombie Kids, Hollister and Gilly Hicks. Each sub-brand has its own characteristics and its positioning in the fashion market is slightly different. Abercrombie Fitch is rooted in East Coast traditions and Ivy League heritage, it is the essence of privilege and casual luxury (Abercrombie and Fitch Co. 2012, P. 3). Abercrombie Kids is for the kids who want to be like their older brothers or sisters and the core concept of it is casual and preppy looks. Hollister’s heritage stems from Southern California and was designed to represent cool beach style. Gilly Hicks is the newest and smallest brand in AF made only for the girls’ clothes or underwear. With the opening of a flagship store in Canada in 2005, AF started to enter the global market. Now it has 139 stores outside of the US, and it recently opened stores in Seoul, South Korea and in Shanghai, China to expand into the Asian market. We chose Abercrombie and Fitch since we would like to see how successful this multinational apparel company can be by insisting its All-American style in different cultures. We wanted to explore its unique retail strategy and brand positioning as this brand is sought after a lot of young adult. Several controversial issues of AF were the deciding factor in our choice of company. Work Oriented Culture Of all the methods which exist for explaining cultural differences, â€Å"the dimensional approach is more influential† (Peng Meyer, 2011). Geert  Hostede, a Dutch professor, established the overarching theory consisting of five cultural dimensions. The first is power distance which outlines the expectation and acceptance of the unequal distribution of power by the less powerful members of a country (Peng Meyer, 2011). Individualism vs. collectivism is the cultural dimension characterized by whether the  citizens view themselves as distinctly different or dependent upon group involvement. The third cultural dimension is masculinity vs. femininity which refers to the values, traditional male or female, which are held in the highest regard. Determining the extent to which an individual will embrace uncertain circumstances is the uncertainty avoidance dimension. Finally, long-term orientation deals with the emphasis the citizens place upon â€Å"perseverance and savings fo r future betterment† (Peng Meyer, 2011). The US is the home country of Abercrombie and Fitch. Power Distance Individuality Masculinity/Femininity Uncertainty Avoidance Long-term Orientation Scoring a 40 caused the US to be in the lower half of the countries for power distance. Hierarchy is â€Å"established for convenience† (Geert-hofstede.com, 2014) as superiors are easily accessible and communicate informally. Information is free flowing as managers take input form their subordinates. The US received the highest individuality score of 91. Citizens are considered â€Å"the best joiners in the world† (Geert-hofstede.com, 2014). It is not extreme for Americans to work with people with whom they are not familiar as deep friendships are not commonly formed. What an individual is capable of doing or has already done will determine their value of being  hired or promoted. Ranking 15th on the masculinity scale with a score of 62 indicates a masculine nation. US firms create a culture of â€Å"live to work† (Geert-hofstede.com, 2014) where higher status and financial rewards are key driving factors. Leaders which are forceful and decisive are highly valu ed. Employees who are less visible and indecisive are not able to attain success With a score of 46, the US is shown to have a below average uncertainty avoidance. Innovation is extremely valued as new ideas are quickly accepted. As compared to firms in higher uncertainty avoidance countries, US firms will quickly go after new, emerging, and risky opportunities. The US is seventh from the bottom of the list for long-term orientation with a score of 29. While future planning is involved in US firms’ decision making process, quarterly reports are incredibly significant and limit the time firms can look ahead. Employees’ savings rates in countries such as the US are much lower than those in long-term oriented nations. Home Region Oriented Firm Rugman and Verbeke in 2004 established a triad of economic power consisting of Asia, the EU, and North America. Analysis of 380 firms determined how many were home-region oriented, bi-regional, host-region oriented, or global (Rugman Verbeke, 2004). A home-region oriented firm has â€Å"at least 50% of their sales in their home region of the triad† (Rugman Verbeke, 2004). To be a bi-regional company, at least 20% of all sales must take place in two regions, but the company cannot have more than 50% in the region where the company is based. If a firm has more than 50% of its sales in a region different than its home region then the firm is considered host region oriented. In order to be global, a firm must have â€Å"at least 20% of their sales in all three regions of the triad, but less than 50% in any one region† (Rugman Verbeke, 2004). AF is considered a home region oriented company based upon the released date from 2013. Of the $4,116.9 million in sales, 64.59% or $2,659.09 million is generated in the home region, North America. $1,116.78 million or 27.13% of all their sales take place in the EU region. Asia is far behind as the remaining 8.28% of sales, 341.03 thousand dollars, is dispersed across the  rest of the world. No calculations were needed as the sales figures and percentages were given. (Csimarket.com, 2014). The industry for which AF operates can explain their sales distribution. As the company is in the fashion and retail industry, its’ sales are incredibly dependent upon the affinity of the customers for specific brands and styles. Since the company is based in North America, the firm is much more familiar with the prevalent style which would need to be present to increase sales. AF also established itself in their home country before expanding. These factors could explain the firm’s international orientation. Ownership Advantages First, one downstream ownership advantage of AF is the possession of a specific brand image which is not easily imitable. The firm operates under different brands Abercrombie Fitch, Abercrombie Kids, Hollister, and Gill Hicks for slightly different targets. Each sub-brand represents a different brand image but they eventually add up to one big image, â€Å"American Cool†. To the fashion retailers, the most important ownership advantage is their own irreplaceable brand image. In this context, AF has its distinct position in the fashion market and is using their brand image successfully to attract the customers (Abercrombie Fitch Co. 2012, P. 3). Second, the other ownership advantage of AF is its’ in-store experience. AF stimulates the customers’ senses of sight, sound, smell, and touch by utilizing handsome male models, music, fragrances, rich fabrics and interior design. Customers (mainly females) can get a chance to take a photo with the models, and this became a representative in-store experience of AF. In addition to this, AF uses certain perfume to attract customers and to make them remember AF for a longer time than just seeing, which is called â€Å"scent marketing†. Also, the stores always play the video of the American beach to emphasize its â€Å"cool† brand image. AF only sets up the flagship stores and controls them through the managers who are trained in the US and sent to the international flagship stores to monitor the whole operation. This system makes it possible to transfer this in-store experience to the newly established flagship stores very well. Therefore, all AF stores, even those  overseas, are committing the standardized in-store experience by offering customers the same experience (Abercrombie and Fitch Co. 2012, p. 4). Uppsala Model Network Internationalization Model Differences â€Å"The Uppsala model views that market knowledge is gained only by operating directly in a market; thus the model focuses on experimental knowledge† (Childs Jin 2013, p. 38). According to the Uppsala model, will increase their market commitment gradually based upon their experience in the market and based on the knowledge they gain in the market. On the other hand, according to the Network internationalization model, firms can start their internationalization before they enter the market by settling network relationship in advance. Therefore, firms do not have to follow the stages of the Uppsala model but â€Å"building a number of such relationships constitutes a large and important investment, and once established, and organiza tional or ownership advantage† (Vahlne Johanson 2013, p. 195). Uppsala Model Network Internationalization Model Similarities Both models consider the network as important knowledge that firms should gain. The network facilitates information and experience by building up the trust in a relationship and also by learning from other market players. Within the Uppsala model, the core concept of the gradual extension of a company’s internationalization into a market, which gains the company valuable experience, should be based on the interplay with customers, suppliers, and other competitors. As the company’s network broadens, it can get more knowledge and at the same time its degree of internationalization will become higher. In this context, we can find similarity between the two models. International Trajectory In 2005, AF first opened its’ flagship store in Canada. Starting from this, AF entered the European market with opening flagship stores in major cities of the European countries, such as London, Milan, Paris, and Amsterdam. On December 15, 2009, AF opened its first Asian flagship store in Tokyo as a starting point to enter the Asian market. Currently, AF owns 19 flagship stores in Canada, 110 in Europe, and 11 in Asia. Among those stores, 39 are sales subsidiaries. In Canada, the Netherlands, and Hong Kong, AF has wholly-owned subsidiaries because there are DCs in those countries, meaning that they are the most important countries in each continent (Abercrombie   Fitch Co. 2012, PP. 19, 101102). Firms who have a strong brand image and possess asset specificity (a unique product or a unique way of doing business) are more likely to internationalize quickly (Childs Jin, 2013). AF is a good example of this case, so it could skip the lower stages of the Uppsala model, such as s poradic exports or exports through sales agents, and could set up the subsidiaries directly overseas, which only takes 7-9  years. Consequently, now we can assume that the company is already in a quite higher stage of the Uppsala-based stages model with its sales subsidiaries and wholly-owned subsidiaries. Degree and Nature of International Sourcing Abercrombie and Fitch does not own factories producing the products and it has not sourced more than 10% of its merchandise from any single member of its approximately 155 vendors in 20 countries, including the United States, China, Vietnam and Guatemala (Abercrombie Fitch Co. 2012, p. 4). In particular, more than 90% of its suppliers are in Asia (Google.com, 2011). The company has established supplier product quality standards to ensure the high quality of fabrics and other materials used in the company’s products (Abercrombie Fitch Co. 2012, p. 5). Abercrombie and Fitch has two distribution centers (â€Å"DCs†) in New Albany, Ohio. The two DCs were initially responsible for the distribution of merchandise to the stores and direct-toconsumer customers, both regionally and internationally. Since 2009, AF has offshored its DCs by using a third-party DC (TNT Fashion) in Roosendaal, the Netherlands for the distribution of merchandise to stores and direct-to-consumer cust omers located in Europe and a third-party DC in Hong Kong since 2011 for the distribution of merchandise to stores located in Asia. Its two DCs in New Albany, Ohio currently only support its North American stores, and direct-to-consumer customers outside of Europe (Abercrombie Fitch Co. 2012, p. 5). The nature of offshoring the DCs is to broaden the direct-toconsumer business worldwide and facilitate the international expansion of Abercrombie and Fitch stores in Europe and Asia. Furthermore, Abercrombie and Fitch has a strong, cooperative and long-term relationship with its vendor factories. When the CEO Mike Jeffries was asked about the cost pressures from raw materials and labor costs, he emphasized  that a strong relationship with vendors has been key since they had assisted AF and been fair in terms of cotton prices and other increases. He also added that AF and vendors have been there for each other for the long term (Barrie, 2010). Strategic Advantages and Drawbacks of International Sourcing and Offshoring The first advantage of international sourcing is that AF can hedge against the supplier risks. Since AF has relationships with over 100 vendors in 20 countries, it can flexibly switch from one source to another when necessary. AF has the ability to increase its total supply capacity. Even if there are a sudden wave of demand for certain products, having a strong relationship with over 100 vendors will ensure AF a certain supply of products and therefore the supply chain will be more stable (Inboundlogistics.com, 2011). However, such global sourcing strategy also brings some disadvantages. The source of production activity is too dispersed; it is a challenge to find qualified executives who know the local business environment and understand the corporation’s inner workings especially in the Asia Pacific region (Inboundlogistics.com, 2011). We would advise Abercrombie and Fitch to send executives from the US to those countries and hire local managers simultaneously to ensure the production activity smooth. The primary advantage of offshoring is to reduce costs. Offshoring its distribution centers in Europe and Asia can save distribution and transportation costs of merchandise to stores in Europe and Asia. However, if the third-party distribution center in the Netherlands or Hong Kong shuts down suddenly, the distribution of merchandise in Europe and Asia will be totally disrupted. Therefore, AF should leverage the risk by running an additional distribution center in some low-cost countries, such as Vietnam. This move will also support AF’s future expansion. Opportunities and Threats in Vietnam Opportunities Labor cost in Vietnam are absolutely lower than that of China (JETRO, 2011) (NWPC, 2014). See Appendix 1 for figure 1. Government policy to attract FDI (Kim, Lee Cheong, 2011). See AppendixThreats 2.  TPP (Trans-Pacific Partnership) Cost reduction, lead time reduction, and tax benefit. See Appendix 3 for table 1. Currently only 16% of AF clothes are produced in Vietnam (Google.com, 2011). See Appendix 4 for figure 2. Vietnam has a better status for lead times, infrastructure, and working circumstances than other developing countries (Kim, Lee Cheong, 2011). As AF doesn’t operate their own manufacturing facilities but uses vendors, it can be intense competition among the companies who want to attract vendors in Vietnam. Bangladesh, Cambodia, and Sri Lanka which have lower labor cost than Vietnam are trying to develop their infrastructure and manufacturing conditions to attract vendors. In the future, those undeveloped countries can be a threat to the Vietnam market. Minimum wage in Vietnam is increasing by 15% in 2013, and 17% in 2014 (Vettoretti Huyen, 2013). Suggestions for the Emerging Market We suggest establishing a distribution center (DC) in Vietnam as a strategy to create synergy with the new manufacturing facilities in Vietnam. Currently, many global fashion retailers are trying to generate vertical integration in the emerging markets because they can control the demand fluctuation easily and simplify procurement and administrative procedures eliminating the need to deal with a wide variety of suppliers and distributors. If TPP is concluded, the degree of tariffs will decrease, so it would be better to concentrate on upstream investment in Vietnam. Because emerging markets are not wellorganized and there is more lack of conditions than the developed market, owning a DC will be more stable and protective. Eventually, a DC in Vietnam will create good access to the Asian market. In  overseas developed markets, AF doesn’t own the distribution centers but uses third-party DCs in the Netherlands and Hong Kong. However in Vietnam, we assume that AF would set up a distribution center as a wholly-owned subsidiary. The third-party logistics in outsourcing the whole distribution to a specialized company would reduce the cost. Now AF has only third-party DCs in overseas and there is a threat to be shut down. In order to prevent this situation in advance, owning at least one wholly-owned DC is practical. Because a wholly-owned DC totally controlled by the company, the company can adjust to the demand fluctuation better than a third-party DC. Therefore wholly-owned DC will function as a safety net in a case there is an uncontrollable problem in a third-party DC. Strategic Objectives of Entering China With regard to market seeking, â€Å"China will represent the biggest market potential for our brands,† said Craig Brommers, senior vice president of marketing for AF (Fashionunited.com, 2014). Undoubtedly, China is a huge and growing market with a population of approximately 1.4 billion. Therefore, AF has been trying to locate its potential customers by opening the first flagship store in Shanghai and 8 Hollister stores in different cities since 2012. The company plans to open over 100 new stores under its Hollister and AFs label in China over the next ten years (Fashionunited.com, 2014). With regard to efficiency seeking, there are an abundant suppliers and a low-cost labor force. Specifically, over 60% of its vendors were located in China in 2011 (Google.com, 2011). Also, there has been a distribution center in Hong Kong since 2011. Therefore, AF can achieve lower transportation costs since the delivery is closer to its target markets. Past Foreign Entry Modes Abercrombie and Fitch started its international expansion in London by opening the first overseas flagship store in 2007, and it almost adopted a single foreign entry mode in the last 7 years. AF established a wholly-owned subsidiary when entering a new market, such as the Netherlands, UK, Hong  Kong, Singapore and Japan. However, AF opened its first Hollister store in Dubai in 2013 through a joint venture with Majid Al Futtaim Ventures and an AF flagship store is expected to open in Dubai in 2014 the same way (Majid Al Futtaim Ventures, 2014). For Abercrombie and Fitch, establishing wholly-owned subsidiaries is a better entry mode for international expansion. AF can enjoy full control of the international stores since it pursues an intensely American retail and marketing strategy (Marx, 2010). Therefore, establishing a wholly-owned subsidiary enables AF to integrate the operation of its subsidiaries tightly with itself and to control what the subsidiary should follow. In addition, it takes a lot of efforts to establish an effective relationship in a joint venture and the cultures of the companies may be incompatible. Financially, The parent company can consolidate the results of its wholly-owned subsidiaries into one financial statement (Basu, 2014).Considering that AF is opening more international stores worldwide, the financial reporting would be too complicated if it engages in joint ventures in many different countries. Multinational Strategy Home Replication Stage The multinational strategy of Abercrombie and Fitch closely resembles the home replication strategy. There are several evidences from practice. First of all, the local responsiveness of AF’s international stores is very low. The staff greets shoppers in English, rather than the local language of the foreign countries. This results in foreign customer alienation since some customers will be forced to surface their rusty English during the transaction (Marx, 2010). AF replicates its home country-based competencies such as brand positioning. Sex appeal is a big part of the brand’s charm in the United States; AF also puts this masculine ideal into practice of its international stores. Particularly, many of the male staff members are half-naked in the stores (Marx, 2010). Finally, the implementation of its marketing strategy and operation is easier. The store design and the interior are the same worldwide along with extremely dim lightings, a strong smell of cologne and perf ume and the staff singing or dancing with the  pounding American songs. ‘Real-life’ Social and Environmental Dilemmas A ‘real life’ social dilemma has adversely impacted AF in recent years surrounding its CEO. The official website of the company states the company strives to be â€Å"an inclusive environment that values the differences of its associates and customers† (Anfcareers.com, 2014). While this is the official statement, an interview with the CEO, Mike Jeffries, brought a contrasting view to light. Jeffries identified his target market by claiming, â€Å"a lot of people don’t belong [in our clothes]†¦Are we exclusionary? Absolutely† (Walker, 2014). AF has since released an apology, but boycotts, negative celebrity statements, and petitions were enacted. This issue is an ethical dilemma to the firm because of their strategic place in the clothing market. In order to stay popular, an essence of exclusivity has been built around the brand, since the more exclusive the brand appears, the more interest the brand receives. This has been AF’s approach, but this strategy is not inclusive. The firm had to determine whether to increase their size options or continue with the current productive model. The most important stakeholders for this dilemma are the CEO and those who hold a large portion of AF’s stock. If AF is not able to effectively remedy the situation then the company’s profits will continue to suffer. AF is a public company so their performance directly affects their stock. If the dilemma is not resolved quickly, it could trigger a chain reaction of a loss in profits which leads to lower stock causing several holders of the stock to drop it effectively dropping the value of the stock. The effects of this dilemma could have extremely long lasting repercussions. An environmental issue which has become a dilemma for AF is the implementation of harmful chemicals in their signature fragrances. Within the fragrance Fierce, â€Å"11 secret chemicals that are not listed on the label† (Henricks, Malkan, Shils, 2014) were found that heighten allergic reactions. This particular fragrance caused reactions from various activist groups such as Physicians for Social Responsibility, MomsRising, and others which total over 1.5 million people (Henricks, Malkan, Shils, 2014). Utilizing harmful chemicals is an ethical environmental dilemma for AF  because the current formula has generated incredible revenue. The official website of the company addresses large environmental impact areas such as limiting their carbon emissions, but nothing addresses something  which impacts the environmental on this particular scale. If AF is able to hide these chemicals and still gain their desired sales results then it has little motivation to stop acting in this manner. The most important stakeholders surrounding this dilemma are not only the executives and upper management of the company, but also the lowest store employees. A loss in serious sales will affect most employees in a company, but this situation would directly affect individual store employees.Customers may stay away from the stores in order to avoid the negative side effects resulting in a loss of profit and jobs for store employees. Developing a Globally Standardized Strategy Currently, Abercrombie and Fitch already has an established a globally standardized strategy to cope with the selected dilemmas. The strategy is laid out on a website by the company which was created specifically for displaying the considerate side of AF. Covering everything from the sustainability to collaborations to specific policies, AF clearly display their globally standardized strategy to â€Å"ensure that the highest values of human rights are being upheld at our headquarters, in our stores and within our supply chain† (anfcares.org, 2014). AF should have a globally standardized strategy. Even if ethical imperialism is not wise, the specific industry operations call for a globalized solution. Several ethical viewpoints are almost universal for garment manufacturing. Several unethical decisions such as environmental negligence and the use of harmful chemicals have resulted in scandals and dilemmas because of the accessibility of information. For example, the infamous in terview with the CEO was conducted years before it gained notoriety. By having a globally standardized strategy, AF could mitigate potential situations before they arise. The selected dilemmas have global relevance. Inclusion, the principle dealt with in the social dilemma, is incredibly important to a multitude of  cultures across the world. A store in the Netherlands which openly admitted to not wanting homosexual customers would experience a similar backlash. The environment issues also reaches across borders. Asthma, one of the problems which are heightened by the fragrances, is prevalent in â€Å"an estimated 300 million people† (Aaaai.org, 2014). Abercrombie and Fitchs’ Actions Compared to Unilever The actual solutions by AF are not similar to the solutions practiced by Unilever. Both AF and Unilever have explicit codes of conduct and plans to deal with ethical dilemmas which arise. Even though these plans exist, AF has demonstrated that its actions do not always align with their official stance. Unilever’s approach to social impact such as gender equality has been greatly documented, and one of their main goals by 2020 is to â€Å"help more than 1 billion people improve their health well-being† (Vis, 2014). The implementation of this policy is seen as Unilever has helped generate around â€Å"65,000 microentrepreneurs† (Vis, 2014). A stark contrast exists between Unilever’s actions and those of AF. Unlike Unilever, the ultimate actions of AF and their refusal to stock larger size clothing proves the company is dedicated to portraying a positive image without actually helping to make a positive change in society. AF’s actions toward their environmental impact align almost with their actions for social justice. Although its’ official stance is to reduce its environmental footprint, the company has taken no action in light of the protests by environmental groups driven â€Å"to get rid toxic chemicals from the environment† (Lutz, 2013) which are the result of their colognes. Unilever’s approach towards economic longevity has been greatly noted as â€Å"75% sites [send] zero waste to landfill† (Vis, 2014). Unilever’s approach is much more preferable to AF’s approach. From a social standpoint, Unilever’s actions have actively made a beneficial social change as Unilever continues to fulfill their promises. AF continues to ignore their customer’s plight even though the company claims to truly care. From a corporate standpoint, Unilever’s approach is better because many news outlets have cited the company as making a positive chan ge, while AF continues to have controversies resulting in a sales drop of 10%. Overall, Unilever has a much better strategy than AF. Appendix 1 Figure 1: Average Monthly Wage of Asian Countries (Nwpc.dole.gov.ph, 2014) Appendix 2 Improvement of the Vietnam Government Policy on FDI (Kim, Lee and Cheong, 2011) The Vietnam government policy for FDI was dramatically improved by registering into WTO (World Trade Organization) and preparing for PNTR (Permanent Normal Trade Relations). Besides, the government adopted global standards, abolished discrimination of foreigners, and opened the service part such as finance or communication. As a result, FDI into Vietnam broadened to various areas, for example, fabrics, mining, energy, finance, logistic and so on. Especially concluding PNTR between the US made it possible to participating into WTO and encouraged foreing investors to enter into the Vietnam market. Another important change in the policy is related to the modification of legal restrictions or rules. On 1st of July, 2006, the government changed the original law for FDI which had been adapted only to the local people into the newly modified law for FDI which is commonly adapted to the both parts of foreigners a nd local people. This was the effort of the government to create more competitive investment conditions which are changing subject of application, and abolishing double price and repatriation tax. Also the government has been modifying the original business law, investment law, land law, and corporate taxation. References 1) Aaaai.org 2014, Asthma Statistics | AAAAI. [online] Available at:http://www.aaaai.org/about-the aaaai/newsroom/asthma-statistics.aspx [Accessed 14 May. 2014]. 2) Abercrombie and Fitch 2012, Annual report 2012, Abercrombie and Fitch Co., New Albany, Ohio. 3) Anfcareers.com 2014, Abercrombie Fitch Careers. [online] Available at:http://www.anfcareers.com/page/Diversity [Accessed 15 May. 2014]. 4) Anfcares.org 2014, AF Cares Our Strategy. 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