The fall of the City: unnatural growth Essay

Every child has their own maturity and prefrence level. Should one’s behaviour be forced to change because of the stereotypes in society? In Alden Nowlan’s The Fall of the City, he writes in first person about a young honorable boy ,named Teddy, disagreeing with his uncle to be a well taught normal boy. It is important for a child to grow up and become an adult ,but they need to be the one building themselves up. Instead of being forced like Teddy. Alden Nowlan develops Teddy by comparing him with his uncle with a strong tone stereotipical man of the house. He also created hidden messages by having the war between Danova and Upalia relate to the conflict between Teddy and his uncle. Throughout the story, Teddy’s imagination falls apart slowly as he roughly transitions from an imaginative boy into his father’s fantasy, to protect himself emotionally. After his uncle told him to start his homework, â€Å"his uncle stood in the doorway between kitchen and living room, his shoulders shaking with laughter. ‘you’d never guess what that kid has been doing up there!’ †¦ that great lummox has been playing with paper dolls!† while Teddy knows that he will need to grow up sometime. his guardians that are living with him are trying to help, Teddy does not think that they he is playing with paper dolls. The Uncle creates his own opinion and forces Teddy to change by making fun of him. Teddy should be influenced to change instead of forced. Nowlan uses an interesting tone to create complicated and a somewhat confused emotional quality to the story. During the argument with Teddy and his uncle, The tone starts to be more vulnerable when â€Å"Teddy’s fists were clenched †¦ his voice shaking †¦ his uncle pointed a warning finger† which converts the atmosphere to be more serious.

Describe a setting in which you have collaborated

AS you grow up you are going to meet a variety of different people. Every person you meet are not going to have the same views on life as you are . 1 came to realize that when my close friend Bianca and I disagreed on the topic going to college. Bianca and I have been friends since freshman year. Surprisely we never brought up the topic of college until senior year. One day I decided to start looking at colleges online to get an idea about where I wanted to go.AS I browse through colleges on College Board Bianca called me yelling and screaming about the new preview of teen wolf season 2. I was excited too but at the time I really wasn't focus on that. I was more focus on what school I wanted to attend. I decided to ask Bianca what college she wanted to go too. To my disbelief she said she wasn't going to college. I was astonished because she was such a smart and bright student. College also is such a big thing in my family.After high school that's where you were expected to go. I ask Bianca why she didn't want to go to college she replied saying because nobody in her family has ever gone to college. Everyone in her family was expected to work and most of all her family couldn't afford it. We continue talking more and more about college. I convinced her to go because its alot of programs out there to help her to go to college almost or even free. Education is so important.It would help her to get ere dream career of becoming a nurse. As she thought about it she said she was going to take everything we talked about into consideration. At first I was astonished by the fact one of my closet friends that I known since freshman year said she wasn't attending college. Then I came to realize that everyone comes from different backgrounds and have different views on things. In the end I convinced Bianca to attend college and education is important. This fall semester we will be roommates

Food and Culture watch the vedio, answer question Assignment

Food and Culture watch the vedio, answer question - Assignment Example Due to many ethnic groupings in the region, there are also different cuisine dishes in different areas. In the video Bizarre Foods with Andrew Zimmern, there is an exclusive analysis and documentary of Andrews’ journey in Philippines and the various hotels he toured. He visits the city of Manila, where he finds the street vendors, restaurants and hotels selling all sort of meals along the beach. He is amazed at the different types of foods on sale, some of which he had not even had a taste in his life. He is attracted to some exotic food such as chicken fetuses, coconut grubs, mangrove worms, water crickets and whole baby chickens. To him such food is weird and he has never had anticipation to eat it. Such food papers so appetizing, and would eat them should I go to Philippines. Ayurvedic medicine remains one of the oldest medical systems in India. It is strong in promoting aspects of health, diet through utilization of the herbal complexes. Ayurveda puts it that food is medicine and medicine is food. Therefore, one should always eat correctly since food can act as a healing

Principles of Economics Essay Example | Topics and Well Written Essays - 750 words - 2

Principles of Economics - Essay Example At ceteris peribus, an increase in the prices of alcohol will cause a fall in the quantity demanded and consumed of a product (Becker, 2001). This would help mitigate the economic impacts of over consumption of alcohol. However, the economists must put into consideration the fact that the demand curve of alcohol is normally inelastic given the fact that it is addictive. They therefore have to realize that an increase in the tax level may lead to a small decline in the quantity of the product consumed. The second option that can be pursued by an economist is moral persuasion. In this case, economists will prefer explaining the marginal cost and marginal benefits of consuming alcohol. In this case, the marginal cost will be higher than the marginal benefits hence economists will promote campaigns against the use of alcohol (Frank & Bernanke, 2007). They will therefore influence the enactment of legislation to bar teenagers from using alcohol; limit the number of drinking hours among ot her measures that reduce the consumption level. When some drugs are prescribed for use, they will influence the demand and supply of other products. For instance, the demand for products used in the manufacture of a drug will increase if the quantity of the drug prescribed has been increased. ... The elasticity of the two curves will determine the effectiveness of the policies formulated to regulate the performance of the economy. A shift in the supply curve will lead to a change in the new equilibrium point. If the demand curve were inelastic, a huge shift in the supply curve would result into relatively small changes in the equilibrium price (Boyes & Melvin, 2008). Elasticity of the demand curve will therefore influence the economic impact of the shift in the supply curve. For instance, a shift in the supply curve would only result in an increase in the equilibrium price if the demand curve were perfectly inelastic. Policymakers will therefore determine the effectiveness of their decisions when considering the steepness of the demand curve (Frank & Bernanke, 2007). Similarly, the elasticity of the supply curve will influence the net effect of a shift in the demand curve. Where the supply is inelastic, a shift in the demand curve will cause little or no change in the equilib rium quantity because even with an increased demand, suppliers will not be able to expand the quantities supplied. Prices will therefore increase but the quantity supplied will remain relatively constant. The elasticity of either the demand and supply curves are normally important when formulating policies aimed at influencing economic performance i.e. the government can increase the taxes imposed on goods with inelastic demand because this would not significantly affect the amount of the good consumed (Becker, 2001). For an increasing cost industry, entry of a new firm will result in an increase in the unit cost of production. When a firm enters the market, it will cause the prices of the resources used in

Why Women Should Avoid Abortion Essay Example | Topics and Well Written Essays - 1000 words - 4

Why Women Should Avoid Abortion - Essay Example Reasons against abortion are broad and vary from religious values, human values, as well as the values associated with conscience. Issues related to primary human values appear at the top of reasons why women should not get abortion. It is crucial for women to put into perspective the unborn babies. It is definite that irrespective of the circumstance under which a woman conceived, the unborn child was not responsible in any way (Waxman, 2009, 08). It is necessary to allow the unborn babies enjoy the right of living and growing into a person just as the biological father and mother lived to the level of interacting to bring the child to life. Women in this case, ought to reduce their egoistic elements towards the unborn and be more humanitarian to them as well. Undoubtedly, the unborn kid does not have any clue on how and why it is at the exact place. It is not good to terminate a life without giving it a chance to live fully. Indeed, there are many other mechanisms of resolving related problems. Along with this line of thought, procuring abortion compounds a tragedy. It is understandable that the conditions which a woman conceives are tragic such as a rape and incest. Other occasions include diagnosing the pregnant mother with a health defect that could also include the pregnancy putting the health of the expectant mother at risk. Nonetheless, it is never justified to respond to one tragedy with another one. A critical question to the proponents of abortion is, how does killing a child eradicate rape incidences? If the unborn in the womb of mother is ill, do we cure him by taking his life? In general, the society cannot avoid the all issues arising from health by denying the existence of human beings. It is only recommended that the society puts adequate measures in place to care for raped women compassionately.   Compassionate care does not in any way include ending the existence of the child in the womb. Care includes among other actions extending real facts to parents experiencing prenatal complications and directing them to other women wit h experiences that remain helpful to their colleagues.  

Cultural diversity in the media Essay Example | Topics and Well Written Essays - 2750 words

Cultural diversity in the media - Essay Example These include: the ubiquity, infiltration and monotony of mass media in reinforcing the durability of such representations; the problems faced by the highly profit-oriented commercial media in introducing complex representations; and the close association of mass media with the elites in the society, which prevents it from changing its status quo. Ever since the invention of tools of mass-media such as television over a century ago, prominent means of visual media such as films and motion-pictures have used conventional forms of cultural representations, which even after decades, are recycled with little or no changes, and served to the audiences through various genres and outlets. The lack of change in the characterization and cultural depiction of people belonging to a certain ethnic or cultural background (for instance, Asians, Hispanics or African-Americans) can be attributed to the popularity and acceptance of their identity by the masses and their reluctance to accept or percei ve them in non-conventional ways; or the economic pressures which is related to the need to attract the mainstream audiences who are used to the familiar albeit stereotypical depiction of people belonging to culturally diverse backgrounds. Research has shown that television shows which have attempted to break the cultural stereotypes through use of non-conventional portrayal of people belonging to culturally diverse backgrounds, have received negative response and had a limited impact in addressing the issue on hand (Chan-Olmsted & Albarran, 1998; Hollifield, 2001; McChesney, 1999). It can thus be said that television as a medium of mass communication has an intrinsic penchant to fixate on a redundant yet popular concept or ideology... This paper on ‘Cultural diversity in the media’ represents cultural diversity within American media that dates as far back as the early 1950s. The first instances of depiction of culturally diverse people in Hollywood were witnessed during the early 1950s where mixed raced couples, were shown on screen. This was at a time when films and television shows were highly white dominated. Such representations of racial and ethnic minorities in films i.e. popular mass-media, indicated the liberal expressions of sentiments of the majority of white Americans towards and regarding people of different races, thus showing hints of subtle prejudice, bigotry and racism as observed in daily lives during that era. Although these films and television shows largely catered to the majority i.e. white American audience, such representation showed the growing acceptance of cultural diversity in popular media. Today, the cultural diversity in the American films and television shows is more evi dent and there is a high representation of not only African-Americans but also of people belonging to other ethnicities such as Hispanics and Asians as well. Popular television show such as ‘The Big Bang Theory’ (showcasing an Indian, as a part of the core star cast) is telecast at prime time in the U.S. and has rapidly gained popularity. The rising popularity of such shows indicates the changing culture of contemporary America which is essentially a mix of various racially and ethnically diverse populations.

Methodology Essay Example | Topics and Well Written Essays - 2000 words

Methodology - Essay Example Despite the existence of the large number of techniques to be used, quantitative or qualitative are the widely most common methods used. Moreover, data can also be collected through interviews or questionnaires, analysis of case studies and the study of documented sources can also be done. These techniques can be carried out individually or combined, but will be modified in a way that they meet the goals and objectives of the research. The form of data assessment in this dissertation will be influenced by the set objectives. However, before the decision on the best assessment method is made, it is important to look at each method in detail. According to DID 28, quantitative research is an inquiry into social or human problems, this is based on testing a hypothesis or theory composed of variables, measured with numbers and analyzed with statistical procedures in order to determine whether the hypothesis or the theory is true. In simple terms, it is an analysis of sociological issues using scientific methods of research so as to establish reality. Quantitative research is appropriate when there is an objective that is trying to be justified. It also works when definitive answers can be attained so as to test or confirm the original opinion. Exploratory research is used when the information on a particular subject is limited; therefore, one seeks to enhance their knowledge and understanding of the given subject. Interviews and questionnaires are commonly used to collect data in this case. Attitudinal research tends to be used to evaluate the opinions of a person towards a particular subject, this is the situation whether the researcher seeks to establish whether something is liked or not. The questions asked in this situation seek answers that are in favor of or against the subject in question. This is when both quantitative and qualitative methods of research are used to achieve the objectives of the research. This

The Labour Intensity Gap between the U.S. and Canada Essay

The Labour Intensity Gap between the U.S. and Canada - Essay Example Two of the most significant factors are its productivity and labour employment. Although the country’s Gross Domestic Product (GDP) is the basis of prosperity, there are various issues that contribute to its results. However, for countries like the United States and Canada, an expected zero prosperity gap since both countries are regarded as two of the most prosperous countries in the world. But research results found that there has been a huge prosperity gap between the US and Canada. In 2004, Canada has a 15 per cent prosperity gap when compared to the United States because Canadians invest to achieve a 15 per cent shortfall, according to a report from the Ontario Institute for Competitiveness & Prosperity and the Rotman School of Management. (â€Å"More Investment†) The intensity gap – the difference in hours worked by workers in Ontario and its North American peer jurisdictions is the second most important factor after productivity in explaining Ontario’s prosperity gap. (â€Å"Institute†) Over the 1977-98 period, productivity growth in U.S. manufacturing surpassed that of Canadian manufacturing--according to data from the Bureau of Labor Statistics international comparisons program, U.S. manufacturing productivity grew by 3.0 percent per year over the period, while Canadian manufacturing productivity grew by 2.0 percent per year. Of particular interest is the way this differential or gap has grown since the early 1990s. From 1992 to 1998, for example, productivity growth in U.S. manufacturing increased al a rate more than twice that of Canadian manufacturing productivity--4.1 percent per year for the United States versus 2.0 percent per year for Canada. (Sherwood, 2001) The gap in productivity performance between the U.S. and Canadian manufacturing sectors is illustrated in Chart 1. The two lines represent each countrys output per hour relative to its own performance in 1977. This is the first

Stoneridge Investment Partners LLC v. Scientific Atlanta Essay

Stoneridge Investment Partners LLC v. Scientific Atlanta - Essay Example The court in its analysis of the facts in the case, the court asserted that the claims against the plaintiffs were based on aiding and abetting and not on manipulation or deception. There was no allegation of involvement of the vendors in any of the charters deception since they were not involved in internal accounting (Hein et al. 25-32). The vendors were deemed to have been involved in a business transaction, which did not involve securities and were such under no obligation to take any action on the financial happenings of the charter company. The court was right in not revisiting the 1994 Central Bank aiding and abetting standard, which created primary and secondary liability. The ruling in the 1994 case of Central Bank of Denver v. the First Interstate Bank of Denver, which held, that aiders and abettors were liable to scheme liability in instances in which their actions resulted in financial losses and manipulative tendencies (Perry and Scott 26-32). Revisiting the case and cre ating scheme liability would not have been practical as even the 1994 case strictly applied the rule of section 10 (b) were not envisioned to include aiders and abettors. ... The law would also result to an increase in the number of cases filed against secondary violators of the SEC Act; the act would deter and lead to a shift of many foreign investors from the country due to the high risks and costs involved. The positive effects of such a ruling on the business community would be its effect on the accounting principles and general way of doing business. Such a ruling would make many businesses to be more careful in their business dealings even in secondary transactions (Coberly 26-7). Since the rule would make secondary violators liable, it would result into more vigilance among businesses that would result to better management and more profits for the business. The question of whether there was aiding and abetting in the Stoneridge Investment Partners LLC v. Scientific-Atlanta, Inc case is a complex issue which is subject to different interpretations. In my opinion, the defendants cannot be said to have been involved in aiding and abetting since what t hey were involved in was a secondary business transaction to what is proscribed as aiding and abetting in section 10 (b). Aiding and abetting would entail intent to collude in order to deceive and manipulate people into buying of securities. The defendants in this case were not involved in any collusion since theirs was simply a business transaction separated from the selling of securities. The behavior of the vendors while legal under the law since it adheres to general accounting principles is unethical in that it was unethical. Professional conduct in business calls for an adherence to ethical principles in all aspects of doing business. The vendors acted in an unethical manner since they had knowledge of the unethical financial reporting that the charter was involved in yet they

Globalisation Essay Example | Topics and Well Written Essays - 1750 words - 1

Globalisation - Essay Example Globalization is the process of moving towards a single-world society which has led to an increase in the economic activity in the world. For the purpose of this paper globalization would mean economic globalization which has been defined as the integration of national economies into the international economy through trade, foreign direct investment (FDI), through the flow of workers and flows of technology Bhagwati, 2004). Debates ensue but the benefits of globalization are established; however while globalization has many benefits it also has many negative effects as reflected in the poor standard of living in some nations. Globalization has also been viewed as the dominance of western economic and cultural interests over the rest of the world, as the perpetuation of inequality between the rich and the poor countries and region (Brinkman and Brinkman, 2002). This is because corporate power by the MNCs has been utilized for maximizing profits without social responsibility. Frankel ( 2006) agrees that globalization has intensified competition thereby reducing costs and enhancing quality; it has led to liberalization, deregulation and privatization and opened up capital markets. Frankel emphasizes that at the same time, globalization has undermined the economic prospects for millions around the world. The gap between the poor and the rich has increased as the benefits and costs of globalization are unevenly distributed across the world. Bhagwati believes that charges of hypocrisy, unfair trade practices and double standards against the rich nations are baseless and instigated by NGOs such as OXFAM. Such charges instigate protectionism by the developing countries which can only hurt their own prosperity. Bhagwati fails to recognize that nations that have opened up their economy and have not been protectionists may have registered high growth rates but this does not necessarily translate into poverty reduction, as stated by Akoum(2008). Growth and poverty reduction are the ultimate goals of efforts geared towards development but policies that concentrate on growth may only be looking at a part of the development problem. For instance, Latin America can be cited as a model of trade openness but in terms of standards of living, the results are abysmal. This conforms to the standard economic model, as pointed out by Singer (2004, p92) which suggests that no one’s economic welfare can be improved without reducing the welfare of at least one another person. Unconstrained globalization can no doubt lead to economic efficiencies but the ruling elite have to ensure overall welfare. At the same time due to cost efficiencies, when world production shifts to countries that do the poorest jobs, efficiency is adversely affected. This occurred when the US shifted jobs to Mexico as a result of free trade; this resulted in increase in salaries in Mexico but adversely affected incomes in the United States (Singer, 2004, p78). The drivers of globalizati on include efforts to reduce transportation and communication costs by the private sector and efforts towards reduction of trade and policy barriers by the public sector (Frankel, 2006). Finding a strong connection between poverty and globalization, Singer (2004) asserts that technological upgradation has taken place in developing nations but

The Time Trap Essay Example for Free

The Time Trap Essay Abstract Timeliness is an important and significant factor of production. Timeliness refers to efficient consciousness of time as resource to achieve desired result within specified period of time. It has widely been mis-conceived. This challenges its efficiency and effectiveness. An increased education operationalizes the relevance of timeliness and therefore enhances productivity and its wise utilization. Careful consideration of time management increases the benefits of an organization.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Time is an important resource available to all at equal measures. The wealthier and the poor alike do have, at their disposal, 24 hours each a day. The concern of the world is how mankind uses or account for every second on a daily basis. Timeliness is referred by academician as a deliberate act of consciousness and wise use of time. It can also be defined as working to achieve set objectives within the stipulated framework of a specified time. Timeliness is therefore a measure of efficiency in production. Organizations, especially government institutions, are victims of mismanagement of time. According to them timeliness is not a measure of production and it is always never too late to carry out government task.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The above action draws its foundations on a number of misconceived ideas about time management. One of the misconceptions, is attached success to timeliness, People believe that if they are an achievers, then they are using their time well. This in most cases is misleading as much time is always used to achieve the success claimed. Some persons also practice reluctance most of the time, claiming that they work best under pressure. This is completely unacceptable. It encourages laziness and compromises the quality of output. In other instances, time management has been seen as a way of limiting individuals and therefore depriving them of their freedom to have fun with their friends.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There are diverse aspects that determine individuals’ response towards timeliness. It is widely believed that seniority at corporate level greatly influence the juniors consciousness to timeliness. For instance, when a senior books an appointment with one of the juniors, within the organization, the later will always attempt punctuality. While the former, at times hardly, appreciates the weight of the appointment. Interaction increases cohesion among individuals thereby resulting in different forms of relationships. It has been proven that workers timely output will proportionately measure with the level of interaction. This is because of personal respect and dignity they place on their relationship and may not wish to sour it by lagging behind the time stipulated for production. Another factor that influences the level of timeliness is reward. Where participants’ efforts are appreciated financially, timeliness is considered to some extent.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In the world, there are powerful human forces of nature that exert a magnetic pull on individuals towards mismanagement of time. Mankind, despite of, his busy work schedule, have fallen as a victim of unplanned visit. Many at times exercise avoidance strategy to concentrate on their work. This breaks the social links. Sacrificing social network is never easy consequently; persons give to the pressure of unplanned visit. Time management in European and United State of America is to some extent admirable. Individuals are programmed for the day.   However in Africa, activities catch up with them and then they carry it out. This approach, coupled with doing many things at a time and maintaining ego’s desire to please others result to unethical and unsustainable use of time.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Another factor that also perpetuates unwise use of time is fear of offending others. Being in the world where love is measured by how much time you are willing to share with your partner, individual control on time management is, in most cases is compromised. Cultural attachment and values put emphasis on family structures and relationships. Thus community functions, which can not be pre-determined, supercedes individuals plans. Absences of community calendar for its activities there by enhance time mismanagement.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Sensitivity to time management is important and paramount. Insensitivity results in huge economic losses. Mackenzie states that, â€Å"Time which one seemed free and elastic has grown elusive and in tight and our measure of its worth is changing dramatically.† It further, highlights that,† In Florida a man bills his doctor for $90 for keeping him waiting. In New York a woman pays someone $20 an hour to do her shopping.† (Mackenzie, 1997, p.14) With reference to these statistics, lack of consciousness to time management will cripple the continents economy. The government can not afford to pay for economic losses arising from time wastage. This makes timeliness an important pillar in economic development.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Time is an invisible, unique and finite precious resource and also an important factor of production. It always appears to exist in plenty, yet time spent will never come back. This is why time management is instrumental to ensure that the world achieves the maximum potential of accessible time. This therefore is one of the factors upon which economic and socio-cultural development are based.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Improved consciousness to management of time translates to increased production. It has been reported that in Canada Airline, an exemplary and remarkable productivity increase occurred in the management offices as a result of wise use of time. This also promotes and fosters efficient use and conservation of energy. . (Mackenzie,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Comfort and convenience is the desire for every human being. Keen consideration of time management ensures that the health of individuals is not compromised. Scientist, explain that human concentration levels declines with increased in time use. It is always very disheartening and exhaustive to attend a meeting that was scheduled to begin at eight yet it commences at ten in the morning. The danger is that the agendas never get adequate time to be discussed. With improved means of time management, issues will be subjected to the attention they deserve.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Redress for the challenges of efficient time management is timely and needs immediate adoption.†Where there is no vision people perish. â€Å"(Common phrase in many communities.)   People who work without a goal to achieve in live are in most cases frustrated and at the long run achieve less than their expectations. Timeliness focuses our lives. Like the salesmen who set their targets daily, every individual in the world should therefore take initiative to manage time well.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   A schedule that document daily, weekly, monthly and if possible yearly programs and activities should be emphasized. This will set monitory indicators that help one assess the achievements and failures. Organizations such as NGOs, CBOs, Private Sectors and government should avoid unnecessary meeting with no serious agenda to discuss. They should also adopt a performance contract with their employees. To enlighten and expose individuals to impacts of lack of consciousness to timeliness, there is need for organizations to hold frequent seminars and workshops on time utilization.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In conclusion, timeliness conscious is very important in economic and sociological development in the world. It is therefore, a responsibility for all, both government and individuals to embrace this concept. References Mackenzie Alec (1997).The Time Trap; The classic book o Time management 3 Ed,   Ã‚  Ã‚  Ã‚   AMACOM Div America Mngt Assn

Should Hong Kong promote cultural tourism?

Should Hong Kong promote cultural tourism? Background Information, Related Concepts and Relevant Knowledge Objectives/ Expected Outcomes (if any) Focus Questions Tentative Enquiry Plan and Method(s) Reflection References 1 [1]à ©Ã‚ ¦Ã¢â€ž ¢Ãƒ ¦Ã‚ ¸Ã‚ ¯Ãƒ ©Ã¢â‚¬ ºÃ‚ »Ãƒ ¥Ã‚ Ã‚ °Ã‚ ¼Ã…’ ¼Ã…’à ¨Ã‚ ¼Ã¢â‚¬ °Ãƒ ¦- ¼rthk.hk à ©Ã‚ ¦Ã¢â€ž ¢Ãƒ ¦Ã‚ ¸Ã‚ ¯Ãƒ ©Ã¢â‚¬ ºÃ‚ »Ãƒ ¥Ã‚ Ã‚ °Ãƒ §Ã‚ ¶Ã‚ ²Ãƒ §Ã‚ «Ã¢â€ž ¢Ã‚ ¼Ã…’http://programme.rthk.hk/rthk/tv/programme.php?name=tv/hkccd=2014-04-13p=858e=257861m=episode ¼Ã…’à ¤Ã‚ ¸Ã¢â‚¬ ¹Ãƒ ¨Ã‚ ¼Ã¢â‚¬ °Ãƒ ¦- ¼2014à ¥Ã‚ ¹Ã‚ ´11à ¦Ã…“ˆ15à ¦- ¥Ãƒ £Ã¢â€š ¬Ã¢â‚¬Å¡ [2] The UNWTO World Tourism Organization, Definition, Sustainable Development of Tourism, http://sdt.unwto.org/content/about-us-5>, (15 November 2014). [3]à ©Ã‚ ¦Ã¢â€ž ¢Ãƒ ¦Ã‚ ¸Ã‚ ¯Ãƒ ©Ã¢â‚¬ ºÃ‚ »Ãƒ ¥Ã‚ Ã‚ °Ã‚ ¼Ã…’ ¼Ã…’à ¨Ã‚ ¼Ã¢â‚¬ °Ãƒ ¦- ¼rthk.hk à ©Ã‚ ¦Ã¢â€ž ¢Ãƒ ¦Ã‚ ¸Ã‚ ¯Ãƒ ©Ã¢â‚¬ ºÃ‚ »Ãƒ ¥Ã‚ Ã‚ °Ãƒ §Ã‚ ¶Ã‚ ²Ãƒ §Ã‚ «Ã¢â€ž ¢Ã‚ ¼Ã…’http://programme.rthk.hk/rthk/tv/programme.php?name=tv/hkccd=2014-04-13p=858e=257861m=episode ¼Ã…’à ¤Ã‚ ¸Ã¢â‚¬ ¹Ãƒ ¨Ã‚ ¼Ã¢â‚¬ °Ãƒ ¦- ¼2014à ¥Ã‚ ¹Ã‚ ´11à ¦Ã…“ˆ15à ¦- ¥Ãƒ £Ã¢â€š ¬Ã¢â‚¬Å¡

Globalisation And National Security The Effects On Malaysia Politics Essay

Globalisation And National Security The Effects On Malaysia Politics Essay Security is a fickle concept, the level of which is both relative to the observers position and subjective to the observers stance. Many factors influence the security of a nation state and a rise in security in one state may be balanced by a corresponding reduction in another. Conversely, universal actions or events may alter the whole system either upwards (periods of hegemonic rule) or downwards (financial crisis). Overall, the intricate balance of the global and individual security status is swayed by many issues such as globalisation, international economics and international politics on both micro and macro levels. Globalisation is an omnipresent process that involves an increasing level economic activity, interdependence and trade between countries. As the effects of globalisation increase throughout the world, the power of the state has been diminished as the influence and control levels of international governmental organizations, non-government organizations and trans-national corporations has increased. As such a shift in control and influence occurs the level of national security within any state must shift, but in which way? Proponents of globalisation postulate that globalisation increases security by reducing the likelihood of war by the promotion of trade, but if reviewed at a macro level, individual state national security may be adversely affected by globalisation. Problem Statement Malaysia, as one of the Asian Tigers has carried out major change to its economy via its New Economic Policy programs since 1971. This program of encouraging industrialization of the Malaysian workforce and economy has been matched in recent decades by the emergence of globalisation as a world-wide phenomenon. Together, both have altered Malaysias national security relative to both Asia and the world, but to what effect? The aim of this paper is to review the effects of economic globalisation on the national security of Malaysia with specific reference to recent events in the global economy and financial system, such as the Asian Financial Crisis of the late 1990s and the Global Financial Crisis that is still affecting the world. Objective The objective of this paper is to ascertain whether economic globalisation is eroding or strengthening the national security of Malaysia. In doing so this research will examine economic globalisation and its effects on national security; to assess the impact of the effects of economic globalisation using the Asian Financial Crisis (AFC) and the current Global Financial Crisis (GFC) as test cases; and to review Malaysias national security as affected by economic globalisation. Significance of the Study The significance of this study is the due to the lack of specific literature relating to economic globalisation and national security caused by the current GFC in a Malaysian context. This is due to timeliness and the fluid nature of both the current GFC and globalisation as a whole. Additionally, this study will provide an external view point on a little discussed and published topic of the links between economic globalisation, geo-politics, growth and development. Most literature on the national security of Malaysia concentrates on the internal security of the country, the regional security provided by ASEAN and the internal military and defence capability. This research paper seeks to review the effects of the global economic changes on Malaysia and her security and to review the level of security internally looking outwards at the world and outwardly looking in towards Malaysia Literature Review This paper is on Malaysian national security. However to properly review this subject this paper will cover a number of interrelated topics. Therefore a variety of writings, including some on international relations theory, national autonomy, geo-economics theory and globalisation will be used. Contemporary articles and media will update current discussions on economic globalisation in a Malaysian context. Books Joan M Nelson, Jacob Meerman and Abdul Rahman Embong, Globalization National Authority: The Malaysian Experience, Singapore: Institute of South East Asian Studies Malaysia has long had an uncertain relationship to globalization, yet it has been held as a shining example of the second tier of Asian Tigers, leading the way with export-led growth and the positive role for foreign direct investment. Despite the near continuous growth, up until the Asian Financial Crisis of the late 1990s, Malaysias political leadership has regularly expressed doubt about the role of the prevailing international political and economic order, regardless of the benefits economic globalisation has had on the country, its growth and its development. The authors bring together a group of Malaysian and foreign scholars to discuss and dissect the effects of globalisation on Malaysian development over the long-run. They full spectrum of issues is considered, from economic and social policy to new challenges from transnational Islam, and they are unafraid of voicing doubt where the effects of globalisation are overblown. Geoffrey Till, Emrys Chew and Joshua Ho, Globalization and Defence in the Asia-Pacific: Arms across Asia, New York: Routledge, 2009. This volume examines the impact of all forms of globalisation on the economies, military-industrial complexes and national security policies of the Asia-Pacific region. The work is divided into three main parts. The first explores globalisation and its general outcomes on the policy making of the nation-state; the second section reviews how globalisation affects a states threat perception and defence posture within the context of the Asia-Pacific region; while the third examines how it impacts on a states apportionment of resources to defence, and how economic globalisation influences the defence industry, with specific reference to the defence procurement policies and practices of the different states across the Asia-Pacific. Ganguly S, Scobell A and Liow J C, The Routledge Handbook of Asian Security Studies, Abindon: Routledge, 2010 This publication provides a detailed examination of security dynamics in the distinct sub-regions that make up Asia, and also links the study of these regions by examining the geopolitical ties between each of them. There are many interwoven and complexity of security issues throughout Asia, this publication deals with all foremost security issues in the area which range from unresolved territorial disputes (maritime and inland), unredeemed claims and intra-state conflicts to transnational terrorist movements and nuclear rivalries. Andrew Sheng, From Asian to Global Financial Crisis: An Asian Regulators View of Unfettered Finance in the 1990s and 2000s, New York: Cambridge University Press, 2009 Something Here Baylis J. and Smith S., The Globalization of World Politics, An Introduction to International Affairs, 3rd Edition, New York: Oxford University Press, 2005. The relationships between globalisation, international economics, international politics and security are discussed at length in The Globalization of World Politics, An Introduction to International Relations by John Baylis and Steve Smith, first published in 2001, updated in 2005 and again in 2008. While providing a comprehensive and detailed understanding of contemporary international relations overall, it is more an excellent generalist publication that a specialist work dealing with security and economics. The version available is from 2005; yet later versions exist that contain more up to date data, references and interpretations of the effects of globalisation on world politics. Nathan K., 1998, Malaysia: Reinventing the Nation, in Alagappa, M. (ed.), Asian Security Practice: Material and Ideational Influences, California: Stanford University, pp. 513-548 This pivotal book chapter asks how is national security thought of and conceptualised in Malaysia. It analyses Malaysias conceptions of national security, showing the importance of historical legacies and the nations multi-ethnic composition. Given these intrinsic obstacles to national identity creation, the nations elite have focused on economic growth and modernisation as the methods of unifying and securing its population. Recent crises, however, may challenge this strategy and force the leadership to redefine its concepts of national security. Malaysian national security concepts are inseparable from the countrys historical experience with British colonialism. This legacy precipitated the formation of the state ahead of the creation of a nation. As a result of this history, elite authority and state sovereignty have run ahead of a self-conscious national identity and cultural integration. Nonetheless, it has been the difficult task of post-independence policy makers to form a nation out of the pluralist, multi-ethnic state received from the British. The significant influence on national security policy is shown by the constitutional, political, and economic arrangements that the ruling elite have made and used to protect and promote the complex interests of a multi-ethnic society. Recent claims of repression of minorities demonstrate the difficulties inherent in balancing and managing competing interests in the pursuit of national security and national identity. Norrin M. Ripsman and T. V. Paul, Globalization and the National Security State, New York: Oxford University Press, 2010 Recently, many have postulated a correlation between the extent of globalisation and the erosion of the nation-state. In the sphere of national security, supporters of the globalisation thesis have argued that a states power has diminished compared to international governmental institutions, non-governmental organisations and trans-national corporations. At first they pointed to reductions in both global military expenditure (which has risen significantly in recent times) and interstate war. This book tests the proposition that these trends are indicative of the reduction of nation-states role as a guarantor of national security against the evidence available and finds that globalisation proponents have largely gotten it wrong. The reduction in interstate warfare can mostly be attributed to the end of the Cold War, not globalisation. Additionally, the great powers of the US, China, and Russia continue to pursue traditional nation-state policies and strategies. Regional security arran gements such as the European Union and ASEAN have not realised much, and weaker states, the ones most impacted by globalization, are significantly more traditional in their policies and approaches to national security, choosing to rely on their own resources and abilities rather than those of transnational and regional institutions. Jonathan Kirshner, Globalization and National Security, New York: Routledge, 2006 Though much has been published on the topics of globalisation and national security, there has been little in the way of a methodical examination of the impact that globalisation has on the national security of states. In Globalization and National Security the top scholars of the international relations realm evaluate the consequences of globalisation on national security. This book identifies three distinct processes of globalisation the flow of information, the intensification of economic exchange, and marketisation and explores how they can influence the capacity and power of nations and states, as well as clash within and among them. Most significantly, the book deals with how non-state actors, such as terrorists and smugglers, use the benefits of globalisation changes and how this, in turn, changes the nature of the security game. Failure to incorporate for the influence of globalisation will make it increasingly harder to understand variations in the prospects for conflict, t he balance of power, and the strategic choices made by states. Barry Buzan, Ole Waever and Jaap de Wilde, Security: A New Framework for Analysis, Boulder: Lynne Rienner Publishers, 1988 This book describes how two schools of thought now exist in security studies: traditionalists wanting to restrict the subject to just politico-military issues and while liberalists who want to extend it across the societal, economic and environmental sectors. This book sets out an all-inclusive statement of the new security studies, founding the case for the broader agenda. The authors contend that security is a particular type of state politics applicable to a much wide range of issues. In answering the traditionalists ideal that this model makes the topic incoherent, they offer a constructivist operational model for differentiating the process of securitisation from that of politicisation. Their method includes the traditionalist agenda and dispels the artificial boundary between international political economy and security studies, opening the way for a productive interplay between the two fields. It also illustrates how the theory of regional security arrangements remain relevant in todays world. Articles Mark Thirwell, The Return of Geo-economics: Globalisation and National Security, Lowy Institute for International Policy, September 2010 One concept that has previously been used to try to encompass the various connections between international economics, geopolitics and security is the idea of geo-economics. Mark Thirlwell, Director of the Lowy Institutes International Economy program argues that if one wants to try to understand many of the most important strategic developments facing the world over the next couple of decades, then one is going to need to devote a reasonable amount of time to thinking about what is going on in the international economy. He discusses the tangle of international economics, geopolitics and security, and assesses whether we are heading for a new era of geo-economics. Theoretical Framework Not sure what goes in here but will have to find outà ¢Ã¢â€š ¬Ã‚ ¦ The theoretical framework for this research will be based on literature reviews and collation of data from journals, articles, media and the internet. The intention of this paper is to bring together the concepts of economic globalisation, geo-economics and national security and review the contemporary situation in South East Asia in order to provide a better understanding of the status of Malaysias national security. Limitations Quite possibly the most significant limitation for this research paper is obtaining up to date and timely material in order to carry out the review. With the current global financial crisis still occurring around us and no end in sight, no publications exist that can comment comprehensively on this topic. The selection of books and articles for the literature review has been chosen due to their relatively recent publication, but will need to be supplemented with less scholarly sources such as more recent wed and news media articles. Additionally, some of the books that have been obtained are not the most recent editions; however various internet resources have been employed where possible to ensure ideas and concepts gained from older editions have not been superseded. In general, more recent sources have been chosen in order to gain the most up to date views and data on the processes of globalisation and security. To further limit resources the significant time constraints preclude seeking material from beyond the sources discussed in the methodology section below. Methodology This research paper will focus mainly on a review and analysis of data collected from the resources available at the time in the libraries of Maktab Turus Angkatan Tentura (MTAT), Malaysian Armed Forces Ministry of Defence, the University of Malaya, Malaysian and New Zealand bookshops. Various journals and articles sourced from on-line databases will also be used as well. Chapter Outline This paper is structured into five chapters. Chapter one presents an introduction to the study to be undertaken, includes background information, problems statement, hypothesis and a review of the literature available in compiling this research. The methodology undertaken in order to obtain the required information is also outlined in Chapter one along with the limitations of the research. Chapter two focuses on the theoretical concepts of economic globalisation and national security. This chapter will define each of these terms and discuss the wide ranging issues with each concept. In doing so it will examine the effects of economic globalisation on national security Chapter three will assess the impact of the effects of economic globalisation using the Asian Financial Crisis (AFC) and the current Global Financial Crisis (GFC) as test cases. Chapter four will detail Malaysias response to the recent financial crisis, review its national security as affected by economic globalisation and assess any changes in national security that occurred because of these events. Chapter five concludes the paper by drawing together the concepts of economic globalisation and national security in Malaysia and reviews Malaysias national security trend due to these influences.

To Kill a Mockingbird by Harper Lee :: To Kill a Mockingbird Essays

In Harper Lee’s book, To Kill A Mockingbird, there are many examples of racism. During this time in history racism was acceptable. Racism is a key theme in her book. Not only those who were black, but also those who affiliated with blacks, were considered inferior. Atticus, a lawyer, who defended blacks in court, was mocked. An example of this is when Mrs. Dubose said, â€Å"Your father’s [Atticus] no better than the niggers and trash he works for!† Mr. Dolphus Raymond was also criticized for affiliating with blacks, especially black females. Example is when Jem said, â€Å"He likes ‘em [blacks] better ‘n he likes us [whites], I reckon.† Basically, you were black if you â€Å"liked† blacks. Blacks, because they were considered inferior, were expected to do everything for whites. Everything had to be perfect, without excuse. Even when Calpurnia, a Finch family friend, did not make the perfect cup of coffee, she was mocked. Book excerpt, â€Å"She [Calpurnia] poured one tablespoon of coffee into it and filled the cup to the brim with milk. I [Scout] thanked her by sticking out my tongue...†. Even when blacks did do good, they were still mocked. An example is when Aunt Alexandra said, â€Å"Jem’s growing up now and you are too. We decided that it would be best for you to have some feminine influence.† Even though Calpurnia was a female, Aunt Alexandra over-looked this, because of her race. People were so biased, it didn’t matter how good a job a black person did. Since there was such strong racism in Maycomb, there were excuses made for whites. In the book, it was obvious that Bob Ewell was a mean man. It was also obvious that he was abusive to his daughter, Mayella, and he was the one who violated her, not Tom Robinson, because what the evidence showed. But, the people of Maycomb over-looked the evidence in favor of Tom Robinson, just because he was black. In Harper Lee’s book, To Kill A Mockingbird, there are many examples of racism. The legal barriers to racial equality have been torn down, and racial exclusion from the benefits of society and the rights of citizenship is no longer nearly total, as it once was. But discrimination still limits the opportunities and stifles the hopes of many black Americans and other minorities. In the realms of housing, employment, medical care, education and the administration of the criminal justice system, we are still, as the 1968 Kerner Commission Report on civil disorders warned, â€Å"two separate Americas.† At this moment

To Kill A Mockingbird Essay: Parallel Lives of Tom and Boo :: Kill Mockingbird essays

Parallel Lives of Tom and Boo in To Kill A Mockingbird Certain uncanny resemblances between Tom Robinson and Boo Radley's lives exist in Harper Lee's To Kill A Mockingbird. Often large groups of people misunderstand certain unusual individuals. Sometimes they stereotype the person; other times, they simply do not bother to find out the truth. When such circumstances occur, the ostracized person's actions become unfairly misinterpreted or not understood at all. Sometimes rumors circulate about the individuals, that might then be assumed as the truth. In this novel, Tom and Boo are both outsiders to the white, normal society of Maycomb county. Tom and Boo share generous natures that are misunderstood; they hold little social value, and are generally assumed guilty. The first parallel in the lives of Tom and Boo, focuses on their property. Tom lives in the "nigger nest" (pg. 175) near to Mr. Ewell but outside the city limits. While testifying Mr. Ewell says, "I've asked this county for fifteen years to clean out that nest down yonder, they're dangerous to live around 'sides devaluin' my property (pg. 175)". A person's status often relates to his property, and the interpretation of that property's value is often based on the tenants of the land. In Maycomb county, the black community inhabits the least desirable property. In the Jim Crow era, blacks were stereotyped as violent and unclean; therefore, the property they owned was considered unvaluable and was located in the worst part of the county territory. On the other hand, the people in the "best" part of town are always white and upper class members of society. Mr. Ewell lives directly next to the town dump, yet he considers the blacks that he lives near a larger threat to his land's value th an the appearance and stench of the city's trash. Most people in the better parts of town might even agree with him because they assume that the black people are a constant menace to white society, and being near them endangers one's life. The Radley property also threatens the lives of people brave enough to venture near it. The children believe that anything that comes from the Radley's soil is poisoned, including the nuts and fruits on the trees. Jem yells at Scout once saying about the Radley property: "Don't you know you're not supposed to even touch the house over there?

Appreciation Due to Death :: Life Dying Essays

Appreciation due to Death Since the day the first man was created and then destroyed, a theory about life has been made. Everyday people take their lives for granted. But after they have faced mortal loss or life-threatening situations, their attitude towards life changes. They soon come to understand that the gift of life is to be appreciated and not taken for granted. Yulisa Amadu Maddy and T.S. Eliot are two writers who through their literature prove that death can change a person’s outlook on life. Both of these authors, however, express this theory differently. For instance Maddy, author of No Past, No Present, No Future, portrays this theory through the life stories of three very different African boys. Whether it is someone they care for or themselves, each one of these boys, throughout their life, is confronted or threatened by death. The story of Joe Bengoh’s life is one example of how Maddy shows that death can teach a person to appreciate life. Maddy begins Joe’s life story by showing readers his attitude towards life. He portrays it as an unappreciative and non-caring attitude. A reader knows this because in the beginning of the book Maddy describes how Joe’s drunken parents died in a house fire. When Joe finds out about this tragic event, he reacts by stating that "My father destroyed my mother; my mother inveighed against my father. Thank God they are dead"(4). By reading this, a reader can come to the conclusion that Joe despises his parents, doe s not care that they are gone, and has no appreciation for his life or anyone else’s. If he appreciated life, then he either would have felt sorry that the parents he hates lost their lives or he would have been thankful for not being in the fire. But Joe did not express any of these emotions; therefore meaning that he does not appreciate life. This ungrateful and unappreciative attitude of his, however, does not last. A number of life-threatening and mortal loss events happen to him. All of these events are the beginning stages to changing Joe’s outlook on life. They leave strong emotional and mental impacts on him, and force him to understand how to appreciate the life he is granted with. For example, it begins with the Mary incident. One summer Joe stayed at Ade John’s house and there they met a young, innocent girl named Mary. Appreciation Due to Death :: Life Dying Essays Appreciation due to Death Since the day the first man was created and then destroyed, a theory about life has been made. Everyday people take their lives for granted. But after they have faced mortal loss or life-threatening situations, their attitude towards life changes. They soon come to understand that the gift of life is to be appreciated and not taken for granted. Yulisa Amadu Maddy and T.S. Eliot are two writers who through their literature prove that death can change a person’s outlook on life. Both of these authors, however, express this theory differently. For instance Maddy, author of No Past, No Present, No Future, portrays this theory through the life stories of three very different African boys. Whether it is someone they care for or themselves, each one of these boys, throughout their life, is confronted or threatened by death. The story of Joe Bengoh’s life is one example of how Maddy shows that death can teach a person to appreciate life. Maddy begins Joe’s life story by showing readers his attitude towards life. He portrays it as an unappreciative and non-caring attitude. A reader knows this because in the beginning of the book Maddy describes how Joe’s drunken parents died in a house fire. When Joe finds out about this tragic event, he reacts by stating that "My father destroyed my mother; my mother inveighed against my father. Thank God they are dead"(4). By reading this, a reader can come to the conclusion that Joe despises his parents, doe s not care that they are gone, and has no appreciation for his life or anyone else’s. If he appreciated life, then he either would have felt sorry that the parents he hates lost their lives or he would have been thankful for not being in the fire. But Joe did not express any of these emotions; therefore meaning that he does not appreciate life. This ungrateful and unappreciative attitude of his, however, does not last. A number of life-threatening and mortal loss events happen to him. All of these events are the beginning stages to changing Joe’s outlook on life. They leave strong emotional and mental impacts on him, and force him to understand how to appreciate the life he is granted with. For example, it begins with the Mary incident. One summer Joe stayed at Ade John’s house and there they met a young, innocent girl named Mary.

Problem Statement Essay

Does audit rotation at diverse levels (accomplice level versus firm level) in distinctive settings (compulsory versus intentional) connected with improved audit quality. Taking into account our audit of the writing, it is a long way from indisputable whether mandatory audit firm or audit partner rotation can enhance audit quality, nor is it clear whether deliberate audit firm or partner revolution can substitute for obligatory audit rotation. Mandatory rotation may upgrade audit quality focused around the suspicion that turn brings a crisp viewpoint. Not with standing, mandatory rotation may be less compelling if the recently turned reviewers need sufficient learning of the customer. The loss of customer particular learning could possibly impede the viability and nature of the review. Intentional turn practices can be powerful in keeping up audit quality if an audit company business sector and financial impetuses for creating or keeping up a great notoriety surpass its monetary inves tments from submitting to the requests of particular customers. Generally, it is hazy whether the obligatory rotation of auditors is a powerful answer for upgrade audit quality. The degree to which intentional and obligatory auditor turns at diverse levels can substitute for one another in keeping up audit quality is thusly an observational inquiry. The above discourse prompts the accompanying examination question. Audit rotation at diverse levels (accomplice level versus firm level) and in diverse settings (compulsory versus willful) connected with higher audit quality in less created locales than in decently created locales. There is a developing writing that analyzes how institutional components influence audit quality crosswise over nations (Francis et al., 2003; Khurana and Raman, 2004; Choi and Wong, 2007; Francis furthermore Wang, 2008). Establishments shift a ton crosswise over China (e.g., Wang et al., 2008), which gives us with a chance to test whether institutional and market improvement elements, for example, the lawful environment and speculator insurance influence audit quality. Leeway of directing between provincial studies inside one nation is that we can catch the impact of foundations on audit quality free from pollution because of nation contrasts in bookkeeping and inspecting models, 14 assessment, and liquidation laws. As former writing (e.g., Francis et al., 2003; Khurana and Raman, 2004;Francis and Wang, 2008) recommends, auditors  may be more touchy to the expense of customer distorting and are more inclined to keep up audit quality as institutional administrations get to be stronger. In districts with well (less) created markets, the examiners may be all the more (less) prone to be worried about the potential impact of trading off audit quality on their legitimate risk and market notoriety. In this manner, there is less incremental interest for compulsory auditor rotation in well created areas. Conversely, mandatory audit rotation may be more vital in less created areas, which need business motivators or oversights to keep auditors determined and free. Consequently, we audit whether the impact of required or willful auditors rotation on audit quality is more claimed in less created areas than in decently created locales. This prompts our second research question. The relationship between customer particular information and audit quality. The inverse and clashing forecasts and discoveries in earlier studies on to the connection between audit tenure and audit quality may be attributable to the disappointment to together inspect directing elements, for example, auditor’s specialization, charges reliance, and auditor’s motivators (Doyle and Ge, 2007; Daugherty et al.,2012).therefore, the accompanying areas concentrate on recognizing the critical variables that may direct the relationship between audit rotation and audit quality. The relationship between mandatory auditor rotation and client-specific knowedge. Contentions for broadened auditor–client relations rest essentially on a mastery contention. Past exploration has reliably shown that auditor experience has a positive impact on audit quality (Dougherty et al., 2012). Case in point, Brazel et al. (2010) find that customer particular learning, an intermediary for auditor experience, builds auditors’ capacity to discover misrepresentation markers. On a related note, a few studies (e.g., Lenox, 1999) contend that non-audit activities performed by the audit firms has a tendency to prompt expanding the auditor’s experience and learning of the customer’s operations and environment, and thus expand the capacity to discover error in the budgetary explanations.Therefore,providing non-audit ativities to the customer can have a positive instead of a negative effect on audit quality.therefore,  required audit firm or audit partner rotations, specifically when there are no compelling information exchange techniques, may prompt the loss of both express and inferred client-specific knowledge, and thus to decreased audit quality. Audit quality be contrarily influenced when a lead partner who has picked up this particular information of the customer is supplanted. Auditor ndependence is the foundation of the auditing profession. Auditor independence alludes to the likelihood that auditors will report the error in money related explanations (Colbert and Murray, 1998) and the capacity of auditors to oppose weight from a client (Goldman and Barlev, 1974). Along these lines, auditors who have a high level of independence will have a high likelihood of distinguishing and reporting lapses or budgetary misquotes, and henceforth will have the capacity to focus the genuine status of the reviewed firm, i.e. make an excellent review (Deangelo, 1981; Colbert and Murray, 1998). One of the discussed components that influence auditor independence is auditor tenure. It is contended that more drawn out relationship between audit partner and their clients can make individual connections that make it more troublesome for the auditor to act independently of the inclination of the client (Deangelo, 1981). This is further disturbed by the dread of auditors of losing a relentless stream of future audit incomes, specifically from vital client who pay the auditor huge audit expenses. Likewise, this may lead auditors to agree to the client’s requests (Lim and Tan, 2010). Therefore, compulsory accomplice turn mitigates the closeness of the relationship between audit partner and their client, and improves the auditor’s capacity to oppose weight from administration. The consequences of this stream of exploration (e.g., Hattifield et al., 2011) propose that there is a positive relationship between audit firm/or audit partner rotation and the extent of proposed audit adjustment. Simnett and Carey (2006) likewise discover a negative relationship between auditor independence and the probability of issuing a going concern assessment as an intermediary of audit quality.hence it might be contended that auditor turn can improve auditor independence and hence expand the likelihood of distinguishing and reporting budgetary misquote

Is psychology a science?

Psychology being categorised under the name science, can often lead to disputes within the field of sciences. Psychology is the observation of behaviour and thought process of the human mind, within itself it is a vital source of knowledge, such as how biology, chemistry and physics provides a source of knowledge that is vital to humans and the environment. Science can be seen as the study of natural behaviours and physical aspects of the world, this definition within itself accompanies itself with the idea that psychology is a science, as behaviours are studied within the field of psychology.Eysenck and Keane (2000) believed that to make something a science it must have the following features, controlled observation, in which a specific manipulation is observed to see the effects. Secondly objectivity, as when data has been collected objectively it reduces the possibility of bias, thirdly testing theoretical predictions, because if a theory is not tested there is no evidence to prov ide if it is right or wrong.Fourthly is falsifiability, which means the scientific theory has the potential to be proved wrong by evidence, fifthly is the unifying theory which is every subject within the sciences has a unifying approach all theories are based off. Finally there is the fact of is any research conducted replicable, as it is hard to rely on studies that could provide inconsistent findings. Although providing clear guidelines on what makes a science, there are still some aspects which make the divide not as clear as believed.For example psychology uses the scientific method in some of the studies conducted, which is used throughout science for all research, so this aspect can be seen to make psychology a science. Too many the field of psychology is classed as a science; the science of the mind, as it looks at the most complex thing on Earth, the human mind, all theories on behaviours and thoughts stem from psychology (BBC, 2013).In many areas psychology and the three s ciences (physics, biology and chemistry) have similarities, for example, the sciences can be seen as reductionist as they try to take a complex behaviour or physical problem and break it down in to a simpler form. Many theories within psychology on similar problems can also be seen as reductionist as it aims to take complex behaviours and thoughts and break it down in to easier components to study.An example of this can be shown by Freud (1909), Freud believes behaviour stems from the unconscious mind, making it a reductionist as it does not take biology or other factors in to account. Reductionism can be seen to be an advantage when it comes to conducting a study as it means testable predictions can be created, and then can be carried out in a controlled experiment. Although by making a reductionist theory can also cause disadvantages such as falsifiability. Popper (1963) believed falsifiability was key to science, as science does not seek to prove its own theory right, but tries t o confirm it as wrong.This means that if a theory is un-falsifiable then it is not scientific, psychology in many sectors is falsifiable through problems such as reductionism, but there are also theories that are un-falsifiable as they are untestable such as many of Freuds (1909) theories display, for example the Oedipus complex can neither be proven nor disproven. As well as having issues with falsifiability psychology also lacks the objectivity needed for science to make it truly scientific, as without objectivity the research is prone to becoming bias.Even in experiments such as Skinners (1956) rat experiment can be shown to be subjective, because although the rat is pressing the lever and the lever presses are recorded automatically, it is still down to the opinion of the researcher on when he believes the rat has learnt by pressing the lever they get a treat. This can be counteracted on the bases that psychology has the unique position of studying the human mind which in itself is difficult to operationalize, as not all parts of the behaviour and thoughts can be measured scientifically, which unlike atomic mass or miles per hour in science can be.Science within itself can also come across problematic issues over control and objectivity. An example of this is the Heisenberg Uncertainty Principle â€Å"The more precisely the position is determined, the less precisely the momentum is known in this instant, and vice versa. † (Heisenberg, 1972) which means if something is precisely measured, and a hypothesis is believed to be true, it can often distant the researcher from the actual result. An issue with measuring investigations using the scientific method in general is it can restrict and affect answers within itself.An example is it can be argued that laboratory experiments are very artificial, so do not provide a clear picture of what would happen in real life terms. As well as sharing similarities with science on the basis they both have issues with control and objectivity, they both also share the same goals. They have three aims, the prediction, understanding and control over a study. Scientists and psychologists both put a theory forward, these theories in both cases lead to a creation of a hypotheses, this is the prediction.The next step is the understanding which is when you receive results from a prediction it should give the researcher and anyone reading the report a greater understanding of that subject. Control is the final step, the knowledge gained from the proven hypothesis provides knowledge which can be used to alter certain factors in the world. The three aims of science are according to Allport (1947), psychology follows these same three aims throughout studies, reporting and publishing work just as biology, chemistry and physics do.Throughout psychology the scientific method is used, but not in all areas although science has default problems itself with the scientific method. So it cannot always be said subjec ts within science always stick within the scientific boundaries themselves. Another point within psychology is psychology is a ‘new’ science, biology, chemistry and physics have been in service for a good period longer, so it may be in time more likely to be classed as a science.Nevertheless Miller (1983) would argue psychology is just a pseudoscience, an approach that claims to be scientific but does not have the key principles of science, he claims this can be dangerous as psychology is claiming to be a science, it provides the false ideal that their findings is ‘fact’. Although in comparison it could be argued that there is no ultimate knowledge of human’s behaviours and thoughts, so there must be a science to take over this role of discovering behaviours and thoughts.Science may study the physical aspects of the brain e. g. hormones that can be proven through empirical evidence, but it does not study the unknown areas such as behaviours, this is where psychology can provide answers. For example Piaget’s (1966) stages of development theory, that people develop starting at the pre-concrete stage and move throughout these stages until they reach the formal stage, science does not provide an answer for how humans develop in this sense.In conclusion psychology may seem like a vague  subject with no clear goals or guidelines, but it does have aims, its aim is to study the mind, the way people behave and think. Science still has unexplainable occurrences, that have no empirical evidence so in turn cannot be falsified, which in itself should make it not scientific. Psychology can provide answers for what science cannot explain, such as how memories are stored, psychology provides a theory for this whereas science does not. In conclusion psychology can be seen as a science to explain human behaviour that other sciences cannot.

Aging Literature

This literature review addresses several issues related to the study of aging. Theoretical perspectives, research methods, and current controversies are reviewed. One issue that has beset the development of research on aging is a definition of old age (Scanzoni & Scanzoni, 1988, p. 549). Research in the United Kingdom and the United States has found that the older a person is in a chronological sense, the later is the chronological age at which that person tends to think old age begins. The concept of old age also is affected by social stratum: lower-status persons, as an example tend to think that old age begins in the fifties, while higher-status persons tend to think that old age begins around age 65. Advances in medical science and technology have led to increased life spans for an increasing proportion of the population; however, social development has not kept pace (Scanzoni & Scanzoni, 1988, p. 549). Thus, many among the growing numbers of older people lead increasingly less rewarding lives. Further, the increasing numbers of persons in the population aged 65 or older demand that research into aging develop methods that address the differences among age groupings within the 65 and over classification. There also is a subjective context to aging (Scanzoni & Scanzoni, 1988, p. 550). Younger people tend to perceiving old age differently from older people, at a general level, and at a specific level all persons do not age . . . ehavior will be evaluated in the context of one's basic beliefs. If these basic beliefs are unrealistic or irrational, one's expectancies will likely also tend to be unrealistic and irrational. Adaptation enables an individual to understand the surrounding environment (McDougall, 1995, pp. 26-27). Adaptation occurs through the functioning of the mental processes of assimilation and accommodation. Assimilation involves the perception and interpretation of new information within the context of existing knowledge and understanding. Accommodation is a more advanced process that involves the restructuring of mental organization in order to include new nformation. The ecological approach to psychology is a functional approach. In this approach, psychological problems are construed as instances of adaptation. Ecological science defines perception as an awareness of one's environment. The focus in on a being's vertical experience. Vertical experience implies that an environment permits a being to both live and reproduce. The environment is integral to thi s definition of perception, because varieties of meaningful experience cannot be studied as instances of perception unless an environmental component is integral to the being

Cosmetics and Products

AVON -STUDY CASE- Analiza contextului global al afacerilor prin prisma factorilor de impact asupra industriei cosmeticelor The cosmetic industry is one of which products tend to be countercyclical. Demand for such products normally remains constant and unaffected by economic distress. The color cosmetics are predicted to see a slowdown in volume demand. A growing trend in the cosmetic industry is the introduction of ‘green’ products. More than one in seven (16%) of global beauty products launched in 2008 were certified organic, ethical or natural.There are concerns that the global economic climate will stifle new product development, innovation and sustainability programs in 2009. An economic slowdown usually curbs companies from investing in research and development and it is that research that has brought forth a wealth of green cosmetics. For example, retailers such as Wal-Mart are increasingly requiring more ecofriendly supply chain. There are forecasts that consumer s are unlikely to give up their commitments to organic products just to save a few pennies. 8% of consumers will remain loyal to a company that has a social and environmental commitment. Many consumers are now ‘voting with dollars’ for organic products and supporting brands that support values similar to their own. Economic factors mainly affect the purchasing power of customers. The more customer demand for the product the more profit to the organization, at the same time if there is no customers demand it’s going to affect the organization in a negative manner.So economic factors are very important external factors and affect the cosmetic industry. Economic factors include: Unemployment rate, Economic growth rate, Interest rate. Other factors that influence the cosmetic industry are the government and legal basis. Also for AVON some of the risk factors are: Success depends on our ability to execute fully our global business strategy, May experience financial an d strategic difficulties and delays or unexpected osts in completing our multi-year restructuring programs or long-range business review, including achieving any anticipated savings and benefits of the initiatives thereunder, The key personnel, The business is conducted worldwide primarily in one channel, direct selling, The taxes, political issues, legal and regulatory risks are also to be taken intoconsideration on international markets, May be subjects to financial risks related to their international operators, including exposure to foreign currency fluctuations, Competition,A general economic downturn, a recession globally or sudden disruption in business conditions, A disruption of a key information technology system, process or site could adversely affect their operations, The ability to anticipate and respond to market trends and changes in consumer preferences, Government reviews, inquiries, investigations, and actions could harm our business or reputation, Protection the i ntellectual property rights, specifically patents and trademarks, Involvement in future, in the legal proceedings. Analiza mediului ramurii Avon Production considers its two closest competitors to be Mary Kay and Revlon.Avon is nearly 8 times larger than Revlon. In terms of channel of distribution, Mary Kay most closely resembles Avon because both use a direct marketing approach. Revlon in contrast sells its products through cosmetic counters in department stores and pharmacies. Avon has 42000 employees worldwide and Mary Kay has 5000 and Revlon has 5600. The large difference in company representatives is attributable to the necessity of employing more people to sell directly to customers than selling products through a storefront. The revenues of Avon also far exceed those of its closest competitors, with Mary Kay selling $2. 0 billion and Revlon selling $1. 35 billion in 2008 as compared to Avon’s $10. 37 billion. [pic] We face competition from competing products in each of our lines of business, in both the domestic and international markets. Worldwide, we compete against products sold to consumers by other direct-selling and direct-sales companies and through the Internet, and against products sold through the mass market and prestige retail channels. We also face increasing competition in our developing and emerging markets. Within the direct selling channel, we compete on a regional and often country-by-country basis, with our direct-selling competitors.There are also a number of direct-selling companies that sell product lines similar to ours, some of which also have worldwide operations and compete with us globally. Unlike most other beauty companies, we compete within a distinct business model where providing a compelling earnings opportunity for our Representatives is as critical as developing and marketing new and innovative products. Therefore, in contrast to a typical consumer packaged goods (â€Å"CPG†) company which operates within a broad-based consumer pool, we must first compete for a limited pool of Representatives before we reach the ultimate consumer.Direct sellers compete for representative or entrepreneurial talent by providing a more competitive earnings opportunity or â€Å"better deal† than that offered by the competition. Representatives are attracted to a direct seller by competitive earnings opportunities, often through what are commonly known as â€Å"field incentives† in the direct selling industry. Competitors devote substantial effort to finding out the effectiveness of such incentives so that they can invest in incentives that are the most cost effective or produce the better payback.As the largest and oldest beauty direct seller, Avon’s business model and strategies are often highly sought after, particularly by smaller local and more nimble competitors who seek to capitalize on our investment and experience. As a result, we are subject to significant competition for t he recruitment of Representatives from other direct selling or network marketing organizations. It is therefore continually necessary to innovate and enhance our direct selling and service model as well as to recruit and retain new Representatives.If we are unable to do so our business will be adversely affected. Within the broader CPG industry, we compete against large and well-known cosmetics and fragrances companies that manufacture and sell broad product lines through various types of retail establishments. In addition, we compete against many other companies that manufacture and sell in more narrow Beauty product lines sold through retail establishments. This industry is highly competitive, and some of our principal competitors in the CPG industry are larger than we are and have greater resources than we do.Competitive activities on their part could cause our sales to suffer. We have many competitors in the highly competitive gift and decorative products and apparel industries globally, including retail establishments, principally department stores, gift shops and specialty retailers, and direct-mail companies specializing in these products. Our principal competition in the highly competitive fashion jewelry industry consists of a few large companies and many small companies that sell fashion jewelry through retail establishments.The number of competitors and degree of competition that we face in this beauty and related products industry varies widely from country to country. If our advertising, promotional, merchandising or other marketing strategies are not successful, if we are unable to deliver new products that represent technological breakthroughs, if we do not successfully manage the timing of new product introductions or the profitability of these efforts, or if for other reasons our Representatives or end customers perceive competitors’ products as having greater appeal, then our sales and financial results may suffer.Global cosmetic and t oiletries market is witnessing significant growth in terms of sales and technological advancements over the past few years because of increasing consumer awareness towards personal hygiene and health. Growing concerns regarding skin care is particularly fueling the robust growth across all market segments and geographies. Increasing demand for organic and natural cosmetic and toiletries products is creating new growth opportunities in this field which is encouraging the emergence of new market players in this arena.One of the major reasons behind the considerable growth of global cosmetic and toiletries industry is the shifting of production units to cost effective Asian economies like India and China. Emergence of new distribution channels like online retailing is driving the growth of this market. Increasing consumer preferences towards the use of herbal and natural cosmetic products is forcing the cosmetic and toiletries manufacturers to change and adapt strategies according to c onsumer preferences.Worldwide market for cosmetics and toiletries products was severely affected by economic downturn, but with the global economy recovering, this market is projected to witness a significant growth and reach the value of USD 19. 2 billion by the year 2015. However, difficulty in obtaining credit and weakening consumer confidence are affecting consumer spending on cosmetics which is one of the major challenges faced by this industry. Presence of large domestic markets is helping emerging economies to recover from deepening economic crisis.Cosmetics and toiletries market is still in its embryonic stage and holds strong growth potential in near future. Consumption of cosmetic and toiletries products is no more limited to female population alone. Male grooming products are emerging as an important segment of this market. Skin care products, hair care products, face cleansers, and premium shaving products are important offerings for male grooming products market. The US and Europe is the largest market for sun care and skin care products. Products with natural and organic ingredients are in increasing demand in European and North American markets despite of high cost.Major reason behind this increased demand of organic products is better health benefits offered by these products. Rising environmental concerns, carcinogenic nature of synthetic cosmetic ingredients, and increasing awareness about sustaining resources are some of the major factors propelling the growth of organic and natural ingredients in cosmetic industry. Worldwide market for cosmetics and toiletries is categorized into skin care, hair care, fragrances, make-up, oral care, baby care, bath and shower, deodorants, color cosmetics, men’s grooming, sun care, and others.For the environmental analysis, it should be taken into consideration the five forces of Porter: 1 Threat of new entry This factor analyzes the ease with which firms may enter into an industry. Competitive indust ries are likely to attract many firms which will strive to capture a market share. This is likely to reduce the overall profitability of firms which are present in the industry. In order for firms to enjoy long term profitability, they should develop customer loyalty within their industry.This will ensure that although new firms enter an industry, their market share is unaffected since customers have faith on their products. Development of customer loyalty is achieved through innovating new products which meet the unique market needs. The cosmetic industry has a low threat of new entrants. This is due to several factors. The first is the huge costs of entry. Developing unique cosmetic products requires a lot of resources both in terms of research and development and the actual manufacturing process. Few middle and small scale firms have access to the funds and expertise required to perform this effectively.Another factor which discourages entry into this industry is the huge competi tion present in the industry. In addition to the huge competitors such as Avon, Revlon, Clinique, Estee Lauder, LR, Mac and Unilever, who have a large market share, there are many other small scale competitors who also have a small market share and who reduce the overall profitability of firms in the industry. 2 3 Bargaining power of customers The bargaining power of customers analyzes the power which consumers have relating to price changes in the industry.This factor analyzes the power which consumers have in manipulating price changes due to shifts in demand (Aaker, 2000: 102-120). When consumers have a high bargaining power, the manufacturers and sellers may not adequately predict future demand by the market. This may make them unable to achieve long term profitability due to unpredictable demand patterns. The cosmetic has a high bargaining power of customers. This is due to the increase competition and availability of cosmetic products from a variety of manufacturers.Since thes e products have high substitutes, then it is possible for consumers to force manufacturers to reduce their product prices through purchasing those of their competitors. This is a challenge which manufacturers of cosmetic products face across the world. 4 Bargaining power of suppliers This factor analyzes the power which suppliers have regarding making price changes for their products. Suppliers who have a high bargaining power are able to influence price changes through using techniques such as market manipulation through hoarding and restraining supply.Although some of these strategies are illegal in many countries, suppliers usually apply them when they want to effect price changes. The cosmetic industry has a low bargaining power of suppliers. This is due to the high number of market players and large supply of diverse products to the market. There are many cosmetic products which are developed by both large and small scale manufacturers. Due to the huge supply, consumers have th e power to influence the market prices as opposed to the suppliers. 1 Threat of substitutesThe threat of substitutes arises when there are similar products developed by competitors which satisfy the market needs. When consumers have access to substitute products which can satisfy their market needs, then manufacturers and suppliers lose their bargaining power. Consumers are able to purchase competitor’s products if they are not satisfied with product price or quality. In order for suppliers to tackle the challenge of threat of substitutes, they have to innovate products which meet the needs of their target market segments. In the cosmetic industry, there are many competitors as has been discussed.There is therefore a high threat of substitute products. If manufacturers sell their products at higher prices, or if the products are of low quality, then consumers are able to purchase substitutes from the many competitors who are present in the market environment. It is therefore essential for the market players in the cosmetic to be innovative if they are to tackle the challenge of the threat of substitute. 2 Barriers to entry and exit Barriers to entry and exit refer to the challenges firms face when entering or leaving the industry respectively.It has been discussed that there are huge costs which are associated with entry to the cosmetic industry. These costs include costs for developing the products as well as research costs. These are some of the barriers to entry in the cosmetic industry. In addition, there are many competitors who reduce the overall profitability of the industry, which makes it a barrier to entry. Finally, the many large scale cosmetic firms which enjoy economies of scale make it a barrier to entry especially for middle and small scale firms. Barriers to exit include the high development and research costs.Due to the high costs associated with developing cosmetic products, it is difficult for firms to leave the industry without achie ving the costs for production. There are also many machines and equipment used in developing cosmetic products and disposing these at a fair market value is difficult hence making it an exit barrier. 3 4 Seller and buyer concentration The cosmetic industry is appealing fir people of all age groups and social backgrounds. There are many cosmetic products which are tailored to meeting the needs of different market segments. The buyer concentration can herefore be deemed as low since there are many buyers who cut across different market segments both in the developed countries and the developing countries. However, the seller concentration may be deemed as high in developed countries. Many large scale cosmetic producers are concentrated in develop countries such as the United States, France and Germany. For instance, the cosmetic industry is valued at $6 billion in France and $12 billion in Germany. In the US, it is valued at over $20 billion. However, the seller concentration in devel oping countries and emerging markets is relatively low.Few firms have ventured into developing products which meet the specific needs of this market segment. In order to achieve long term profitability, new market entrants should focus on this neglected population segment. The high seller concentration in the developed countries leads to high competition and an overall reduction in profitability for cosmetic firms in this industry. Analiza competentelor functionale Avon Distribution We presently have sales operations in 65 countries and territories, including the U. S. and distribute our products in 42 other countries and territories. Unlike most of our competitors, which sell their products through third party retail establishments (e. g. drug stores, department stores), we primarily sell our products to the ultimate consumer through the direct-selling channel. In our case, sales of our products are made to the ultimate consumer principally through direct selling by approximately 6 . 4 million active independent Representatives. Representatives are independent contractors and not our employees.Representatives earn a profit by purchasing products directly from us at a discount from a published brochure price and selling them to their customers, the ultimate consumer of our products. We generally have no arrangements with end users of our products beyond the Representative, except as described below. No single Representative accounts for more than 10% of our net sales. A Representative contacts customers directly, selling primarily through our brochure, which highlights new products and special promotions for each sales campaign.In this sense, the Representative, together with the brochure, are the â€Å"store† through which our products are sold. A brochure introducing a new sales campaign is usually generated every two weeks in the U. S. and every two to four weeks for most markets outside the U. S. Generally, the Representative forwards an order for a campaign to us using the Internet, mail, telephone, or fax. This order is processed and the products are assembled at a distribution center and delivered to the Representative usually through a combination of local and national delivery companies.Generally, the Representative then delivers the merchandise and collects payment from the customer for his or her own account. A Representative generally receives a refund of the price the Representative paid for a product if the Representative chooses to return it. We employ certain web enabled systems to increase Representative support, which allow a Representative to run her or his business more efficiently and also allow us to improve our order-processing accuracy.For example, in many countries, Representatives can utilize the Internet to manage their business electronically, including order submission, order tracking, payment and two-way communications with us. In addition Representatives can further build their own business through pe rsonalized web pages provided by us, enabling them to sell a complete line of our products online. Self-paced online training also is available in certain markets, as well as up-to-the-minute news about us. In some markets, we use decentralized branches, satellite stores and independent retail operations to serve Representatives and other customers.Representatives come to a branch to place and pick up product orders for their customers. The branches also create visibility for us with consumers and help reinforce our beauty image. In certain markets, we provide opportunities to license our beauty centers and other retail-oriented and direct to consumer opportunities to reach new customers in complementary ways to direct selling. In the U. S. and selected other markets, we also market our products through consumer websites (www. avon. com in the U. S. ). Promotion and MarketingSales promotion and sales development activities are directed at assisting Representatives, through sales aid s such as brochures, product samples and demonstration products. In order to support the efforts of Representatives to reach new customers, specially designed sales aids, promotional pieces, customer flyers, television and print advertising are used. In addition, we seek to motivate our Representatives through the use of special incentive programs that reward superior sales performance. Periodic sales meetings with Representatives are conducted by the district sales or zone managers.The meetings are designed to keep Representatives abreast of product line changes, explain sales techniques and provide recognition for sales performance. A number of merchandising techniques are used, including the introduction of new products, the use of combination offers, the use of trial sizes and samples, and the promotion of products packaged as gift items. In general, for each sales campaign, a distinctive brochure is published, in which new products are introduced and selected items are offered as special promotions or are given particular prominence in the brochure.A key current priority for our merchandising is to continue the use of pricing and promotional models to enable a deeper, fact based understanding of the role and impact of pricing within our product portfolio. From time to time, various regulations or laws have been proposed or adopted that would, in general, restrict the frequency, duration or volume of sales resulting from new product introductions, special promotions or other special price offers. We expect our pricing flexibility and broad product lines to mitigate the effect of these regulations.Competitive Conditions We face competition from various products and product lines both domestically and internationally. The beauty and beauty-related products industry is highly competitive and the number of competitors and degree of competition that we face in this industry varies widely from country to country. Worldwide, we compete against products sold to co nsumers by other direct-selling and direct-sales companies and through the Internet, and against products sold through the mass market and prestige retail channels.Specifically, due to the nature of the direct-selling channel, we compete on a regional, often country-by-country basis, with our direct-selling competitors. Unlike most other beauty companies, we compete within a distinct business model where providing a compelling earnings opportunity for our Representatives is as critical as developing and marketing new and innovative products. As a result, in contrast to a typical CPG company which operates within a broad-based consumer pool, we must first compete for a limited pool of Representatives before we reach the ultimate consumer.Within the broader CPG industry, we principally compete against large and well-known cosmetics and fragrances companies that manufacture and sell broad product lines through various types of retail establishments. In addition, we compete against many other companies that manufacture and sell more narrow beauty product lines sold through retail establishments and other channels. We also have many competitors in the gift and decorative products and apparel industries globally, including retail establishments, principally department stores, gift shops and specialty retailers, and direct-mail companies specializing in these products.Our principal competition in the fashion jewelry industry consists of a few large companies and many small companies that sell fashion jewelry through retail establishments and direct-selling. We believe that the personalized customer service offered by our Representatives; the amount and type of field incentives we offer our Representatives on a market-by-market basis; the high quality, attractive designs and prices of our products; the high level of new and innovative products; our easily recognized brand name and our guarantee of product satisfaction are significant factors in helping to establish an d maintain our competitive position.International Operations Our international operations are conducted primarily through subsidiaries in 64 countries and territories outside of the U. S. In addition to these countries and territories, our products are distributed in 42 other countries and territories. Our international operations are subject to risks inherent in conducting business abroad, including, but not limited to, the risk of adverse currency fluctuations, currency remittance restrictions and unfavorable social, economic and political conditions.See the sections â€Å"Risk Factors – Our ability to conduct business, particularly in international markets, may be affected by political, legal, tax and regulatory risks† and â€Å"Risk Factors – We are subject to financial risks related to our international operations, including exposure to foreign currency fluctuations† in Item 1A on pages 7 through 15 of our 2011 Annual Report. Manufacturing We manufac ture and package almost all of our Beauty products. Raw materials, consisting chiefly of essential oils, chemicals, containers and packaging components, are purchased for our Beauty products from various suppliers.Most of our Fashion and Home products are purchased from various third-party suppliers. Additionally, we design the brochures that are used by the Representatives to sell our products. The loss of any one supplier would not have a material impact on our ability to source raw materials for our Beauty products or source products for our Fashion and Home categories or paper for the brochures. Trademarks and Patents Our business is not materially dependent on the existence of third-party patent, trademark or other third-party intellectual property rights, and we are not a party to any ongoing material licenses, franchises or concessions.We do seek to protect our key proprietary technologies by aggressively pursuing comprehensive patent coverage in major markets. We protect our Avon name and other major proprietary trademarks through registration of these trademarks in the markets where we sell our products, monitoring the markets for infringement of such trademarks by others, and by taking appropriate steps to stop any infringing activities. Research and Product Development Activities New products are essential to growth in the highly competitive cosmetics industry.Our research and development department’s efforts are significant to developing new products, including formulating effective beauty treatments relevant to women’s needs, and redesigning or reformulating existing products. To increase our brand competitiveness, we have sustained our focus on new technology and product innovation to deliver first-to-market products that provide visible consumer benefits. Our global research and development facility is located in Suffern, NY.A team of researchers and technicians apply the disciplines of science to the practical aspects of bringing products to market around the world. Relationships with dermatologists and other specialists enhance our ability to deliver new formulas and ingredients to market. Additionally, we have satellite research facilities located in Argentina, Brazil, China, Mexico, Poland and South Africa. In 2010, we invested in our R&D facility in Shanghai, China to increase our ability to develop products to better meet Asian consumers’ needs. In 2011, our most significant product launches included: SuperShock MaxMascara. Moisture Seduction Lipstick, Outspoken Intense by Fergie Fragrance, Step Into Fragrance, Anew Genics Treatment Cream, Anew Solar Advance Sunscreen Face Lotion SPF 45, Solutions Youth Minerals Restorative Night Cream, Skin So Soft Perfecting Oil, Advance Techniques Damage Repair 3D Rescue Leave-in Treatment, Super Enchant Mascara, and ExtraLasting Makeup. The amounts incurred on research activities relating to the development of new products and the improvement of existing prod ucts were $77. 7 in 2011, $72. 6 in 2010 and $65. 4 in 2009.This research included the activities of product research and development and package design and development. Most of these activities were related to the development of Beauty products. Environmental Matters In general, compliance with environmental regulations impacting our global operations has not had, and is not anticipated to have, any material adverse effect on our capital expenditures, financial position or competitive position. Employees At December 31, 2011, we employed approximately 40,600 employees. Of these, approximately 5,400 were employed in the U. S. nd 35,200 in other countries. Seasonal Nature of Business Our sales and earnings typically have a seasonal pattern characteristic of many companies selling Beauty, gift and decorative products, apparel, and fashion jewelry. Holiday sales generally cause a sales peak in the fourth quarter of the year; however, the sales volume o holiday gift items is, by its nat ure, difficult to forecast. Fourth quarter revenue and operating data was as follows: | |2011 |2010 | |Fourth uarter revenues as a % of total revenue |27% |29% | |Fourth quarter operating profit as a % of total operating profit |2% |33% | The fourth quarter operating profit comparison between 2011 and 2010 was unfavorably impacted by a $263. 0 impairment charge, or 31% of full year operating profit, recognized in the fourth quarter of 2011. The fourth quarter operating profit comparison was partially offset by lower costs to implement our restructuring initiatives in 2011 compared to 2010.The fourth quarter of 2011 included costs to implement our restructuring initiatives of $8. 7, whereas the fourth quarter of 2010 included $58. 3 of costs to implement our restructuring initiatives. Finance The financial statement of the company in 2011 is: Internationalizare Avon [pic] As the world's largest direct seller, Avon markets leading beauty, fashion and home products to women in more th an 100 countries through more than 6 million active independent Avon Sales Representatives. The countries are:Albania, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Bahamas, Barbados, Belarus, Belize, Bermuda, Bolivia, Bonaire, Bosnia and Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Colombia, Costa Rica, Croatia, Curacao, Cyprus, Czech Republic, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Finland, France, Georgia, Germany, Grand Cayman Island, Greece, Grenada, Guatemala, Guyana, Honduras, Hong Kong, Hungary, Iceland, India, Ireland, Italy, Jamaica, Jordan, Kazakhstan, Kuwait, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Malta, Mauritius, Mexico, Moldova, Mongolia, Montenegro, Morocco, New Zealand,Nicaragua, North Cyprus, Oman, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Puerto Rico, Reunion, Romania, Russia, Saint Vincent and the Grenadines, Saudi Arabia, Serbia, Slovakia, Slovenia, South Africa, South Africa, Spain, St. Croix, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Thomas, Suriname, Taiwan, Thailand, Tortola, Trinidad & Tobago, Tunisia, Turkey, Turks & Caicos, United Arab Emirates, Ukraine, United Kingdom, United States, Uruguay,Venezuela. When the Avon lady comes knocking at the door, she'd better speak good Portuguese. Or Spanish. Or even Russian. Cosmetics giant Avon Products (AVP) is increasing its revenue these days, with sales outside of the United States really driving business. The company reports first quarter 2011 total revenue of $2. billion, 7 percent higher than that of first-quarter 2010 and in line with company targets. Net income jumped 238 percent to $143. 6 million, thanks to stronger sales and restructuring. â€Å"We are pleased with the early progress against our commitment to return the business to mid-single digit revenue growth,† says Avon's Chairman and Chief Executive Officer Andrea Jung in an earnings statement. â€Å"We are squarely foc used on restoring growth in Brazil and Russia in the second half, and ensuring execution in gross margin improvement and cost control. † Revenue in Latin America, which includes Mexico, was up 16 percent during the quarter while North American revenue was down 2 percent.Central and Eastern European sales were flat although Russia was up 3 percent, while Western Europe, Middle East & Africa's first-quarter revenue increased 16 percent and Asia Pacific, which includes China, reported a first quarter revenue decline of 6 percent. Analysts are pleased with the company's results, but some wonder if the company can keep the momentum going. Zacks Investment Research has assigned a short-term hold rating, although the long-term recommendation is currently underperform. Restructure, then compete Avon is currently in the middle of a multi-year restructuring program designed to accelerate investments toward growth opportunities, streamline manufacturing operations, and improve cost effec tiveness and efficiency in general. Restructuring should save the company $430 million a year when fully implemented by 2012. After that, keep an eye on the competitors. Avon faces competition from various products and product lines both domestically and internationally,† Zack says. The internationalization of Avon most take into account some factors, such as: Political Factors †¡ Tax policies †¡ Employment laws †¡ Trade restrictions and tariffs †¡ Political stability Economic Factors †¡ Economic growth †¡ Interest rates †¡ Exchange rates †¡ Fluctuation in oil and gas prices Social Factors †¡ Emphasis on safety †¡ No animal testing †¡ Green Environment †¡ Philanthropic Issues †¡ Technology Factors †¡ Automation †¡ Technology incentives †¡ Rate of technological change †¡ Technologies Adaption External Assessment: Avon Opportunities 1. A growing trend in the cosmetics industry is the introductio n of ? green? products.More than sixteen percent of beauty products launched in 2008 were certified organic, ethical, or all natural. 2. Eye makeup market 3. The cosmetics industry tends to be countercyclical. This means that those are industries for which the demand is either not correlated with the business cycle. The demand for their products is not much affected by availability of current income, but by other personal, social or economic factors. The recession also contributes to the industry being counter-cyclical. There is an upsurge in people joining the industry in the past six or eight months and there's absolutely no doubt that this is because of the recession and the effect on employment. 4.Aveda cosmetics found that sixty eight percent of consumers will remain loyal to a company that has a social and environmental commitment. 5. Urban Trendsetters markets 6. Geographic growth  ± enormous growth opportunities existed in countries with huge populations such as China, Ind onesia and India. 7. Demand for cosmetic products normally remains constant and unaffected by economic distress 8. The baby boomers are aging and they are more conscious on their appearance, beauty and also improving their looks. Emphasize direct selling in emerging and developing markets External Assessment: Avon Threats 1. Competition such as Mary Kay and Revlon 2. Rejection of internet selling by sales representative 3.Global economic climate stifled new product development, innovation and sustainability programs in 2009. 4. In terms of color cosmetics, environmental International Inc. predicted that many of these markets will see slowdown in volume demand. 5. Inflation rate and Rising cost of commodities 7. Direct-selling becoming more popular – Amid the financial crisis Aussie mums are increasingly turning to direct selling and at-home product parties to supplement their household income. 8. They are a multilevel based company that sells inferior quality with a higher pr ice tag than what it is worth 9. Avon products outpaced by ‘jazzier? products to women who favored more exciting product lines 10. Decreased earning opportunities