Developing Prejudice Against Airplanes With Classical...

Developing Prejudice Against Airplanes With Classical Conditioning Submitted By: Montana Campbell 810069443 Danielle DiFonzo N01026731 Submitted For: Neil McGrenaghan Date: 1/12/2014 Code: PYSC 150-0BX Table of Contents Section Page # Introduction 3 Classical Conditioning vs. Prejudice 3 Classical Conditioning Diagram 5 Conclusion 9 References 10 Introduction The purpose of this assignment is to find an example of prejudice and explain how classical conditioning influences your opinions on it. Generally, these opinions are negative and it is often very difficult to make these conditioned responses, back to a neutral response due to person experience. The topic we chose is flying in an airplane and how all the negative attention airplanes have gotten in the past 15 years has significantly influenced peoples depictions of flying. Classical Conditioning vs. Prejudice The theory of classical conditioning can explain the origins of prejudice because: General: Prejudice by classical conditioning is based on personal experiences or something that you have learned from/been taught. This creates a response either in a negative/positive way and heavily influences on whether you are for/against the topic or item. Fear is generally classically conditioned; our response to our fear would be in a negativeShow MoreRelatedOverview of Hrm93778 Words   |  376 Pagesactual outcomes consistent with our goals? It makes adjustments as needed. Specific controlling activities are to set performance standards that indicate progress toward long-term goals; to identify performance problems by comparing performance data against standards; and to take actions to correct problems. Budgeting, information systems, cost The Management Process cutting, and disciplinary action are just a few of the tools of control. Successful organizations, large and small, pay close attentionRead MoreGlobalization and It Effects on Cultural Integration: the Case of the Czech Republic.27217 Words   |  109 Pagesis the need to define what globalization actually is. With the growing debate of what when the globalization phenomenon began and it actual meaning, some social science theorists have come forth with the definition of globalization both from the classical and the contemporary era. 1.1 Definition of Globalization Walters says the Webster’s dictionary is the first major dictionary to mention the word globalization in 1961. The dictionary defines globalization as â€Å"to render global† or â€Å"the act ofRead MoreMetz Film Language a Semiotics of the Cinema PDF100902 Words   |  316 Pagesoriginal articles, in adding notes wherever necessary to account for more recent developments, and, finally, in striving, in Chapter 5, to give a general and current description of the main problems at issue, my goal has been, in the still new and developing field of film semiotics, to present the reader with a work as coherent and up-to-date as its nature permits. I wish to express my thanks to the five publications in which the texts that make up this volume originally appeared: Revue d esthetiqueRead MoreFundamentals of Hrm263904 Words   |  1056 PagesPART 3 Chapter 5 Chapter 6 Chapter 7 STAFFING THE ORGANIZATION Human Resource Planning and Job Analysis 110 Recruiting 132 Foundations of Selection 154 PART 4 Chapter 8 Chapter 9 TRAINING AND DEVELOPMENT Socializing, Orienting, and Developing Employees 182 Managing Careers 208 PART 5 Chapter 10 Chapter 11 Chapter 12 Chapter 13 MAINTAINING HIGH PERFORMANCE Establishing the Performance Management System 230 Establishing Rewards and Pay Plans 260 Employee Benefits 286 Ensuring aRead MoreDeveloping Management Skills404131 Words   |  1617 Pageshelps you actively study and prepare material for class. Chapter-by-chapter activities, including built-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Kim S. Cameron UNIVERSITY OF MICHIGAN Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London MadridRead MoreLogical Reasoning189930 Words   |  760 Pages............................................................ 220 Exercises .......................................................................................................................................... 220 CHAPTER 7 Defending Against Deception ............................................................................. 226 Deception Is All Around Us ............................................................................................................. 227 Exaggeration

Impact Of Colonialism On Society s Role As A Colonizer

There have been many discussions and debate regarding the issues of colonialism. It is hard to argue that colonialism did not have any negative impacts on people. Those affected by it are divided into two specific categories, that of the colonizers and the colonized. However, there exist people who belong to neither category but who were just as affected by colonialism as the colonizers and colonized. Peter van Dommelen argues that the stories of these people as well as an understanding that the simple categorization of colonizers and colonized does not always apply are both necessary factors in properly understanding the history of a postcolonial era. The following essay aims to elaborate on van Dommelen’s argument as well as discuss pop†¦show more content†¦This proved advantageous to the Europeans for it provided them with the moral justification needed to occupy the region as well as prevented the local people from resisting their rule. (van Dommelen, 2013). It is no surprise that the colonizers would distort history like that. After all, history is written by the winners and the winners do not want others to know about their flaws or mistakes. Although it might seem like the colonized people do not have a say in how they are portrayed, it can be said that they at least have a voice. The same is not true for other groups of people such as peasants and women who are denied an official voice. These people are just as much affected by colonialism as the colonizers and colonized but their stories are never shared for they are not valued as much in their society. These are the people van Dommelen refers to when he talks about the alternative histories from below. The people who were a part of the colonial history but who did not belong in either one of the two categories. The stories of these people was first introduced by a group of students who decided they wanted to share the history of the individuals whose stories were not shared throughout history. Called the histories of the subaltern groups, the students’ goal was â€Å"to highlight the subaltern classes and groups constituting the mass of the labouring popul ation and the intermediate strata in town and country† (vanShow MoreRelatedAnalysis Of Nervous Conditions 1494 Words   |  6 Pageslives of women living the impacts of colonialism in a traditional African society in Zimbabwe. These women struggle to assert themselves in a patriarchal society while at the same time it speaks about the history of a country that has been under colonialization. The female characters in the stories struggle in their lives to find ways to deal with their own situation; however, this essay emphasizes African women’s situation in both the colonized and/or patriarchal societies as exemplified by the femaleRead MoreThe Impact Of Colonization On The Indigenous People Of Rhodesia Nervous Conditions 1711 Words   |  7 Pagesdetrimental impact of colonization on the indigenous people of Rhodesia in Nervous Conditions is illustrated by the dominance of the British Empires colonial European identity, which is perpetuated by the conception that â €Å"Englishness† will civilize the population. In Tsitsi Dangarembga’s Nervous Conditions, the natives of Rhodesia, Tambu and Nyasha, illustrate a hybrid identity crisis as a result of imperial oppression over the language and educational system of the nation. The role of English languageRead MoreThings Fall Apart By Chinua Achebe1000 Words   |  4 Pagesfirst novel was called Things Fall Apart it was distributed in 1958.Achebe composed Things Fall Apart because of European books that delineated Africans as savages who should have been illuminated by the Europeans. Achebe presents to readers his kin s history with both qualities and flaws by depicting, for instance, Igbo celebrations, the love of their divine beings and the practices in their custom ceremony, their rich culture and other social practices, the pioneer time that was both halting IgboRead More The Lie of Imperialism Exposed in Literature Essay3048 Words   |  13 Pagesconcerning colonialism, then a co mparative study of colonial and postcolonial works is essential for attaining a full understanding of the far-reaching effects of European imperialism (Groden and Kreiswirth 582). Reading colonial literature in dialogue with postcolonial literature engenders a more complete interpretation of the effects of imperialism by creating a point of reference from which to begin the revelation and the healing of cultural wounds resultant from European colonialism. PostcolonialRead MoreAbstract. This Memoir Employed A Mixed Methods Design To1562 Words   |  7 Pages: Office de la Protection du Citoyen RNDDH : Rà ©seau National de dà ©fense des Droits Humains Introduction Juveniles as defined in modern society Addressing Post-Colonial Magniloquence negative impact on society in Haiti In simple terms, the definition of juveniles in modern Haitian society is far less impactful than in its unadulterated state. Prior to colonialism juveniles were recognized only within the family structure. Only, the mistreatment of the youngsters who continue to suffer from improperRead MoreThe Evolution of Women in Nigeria1310 Words   |  6 Pages Throughout the centuries, the roles of Nigerian women have continuously evolved. During the pre- colonial era, women in Nigerian tribes were not only child bearers and wives, but also free adults. They played critical roles in food preparation, weaving, pottery, and the economy. However, the impact of British rule in Nigeria made a significant shift from the pre-colonial to the post- colonial era. The influence of the Catholic Church, Western style education, patriarchal government and modern waysRead MoreThe And Its Effects On Native American Populations945 Words   |  4 Pagesto be criminalized due to their cultural beliefs since the MMPI-2 plays a role in forensic psychology (Butcher Williams, 2009). Not only that, but, as Oliver (2004) points out, â€Å"It is not so much that the colonizer s violence against the colonized is internalized as it is deposited or injected into the colonized by the colonizer in the form of a cruel superego.† In other words, the violence whic h constitutes colonialism begins to occupy the psyche of Native Americans to such a point in which theyRead MoreThings Fall Apart By Chinua Achebe1948 Words   |  8 Pagesdifferences between cultures. In his novel, Achebe has used the Igbo society as a representation of the African cultural roots. He demonstrates that interactions between cultures have both the constructive and unconstructive consequences. The primary purpose behind Achebe writing Things Fall Apart was to respond to the upsetting outcomes of capitalist colonialism on African traditions and culture. The association between the colonizer and the colonized was analyzed by Achebe, who is seen as a post-colonialRead MoreDifferences Between Singapore And Malaysia1253 Words   |  6 Pagesfrom resources provided in the course and minimal research, how their colonial experiences affected their political and social development after independence. After which, investigating the depth of influence their colonizers had, and why, differing racial ideologies had the greatest impact on their development. Malaysia was colonized late by the British, with the Dutch colonizing Malacca first. In British Malaya, the split anthropological imagination of Oriental Chinese and Malay was the basis ofRead MoreThe End Of The Second World War2286 Words   |  10 PagesAt the end of the Second World War, France had to leave its Middle Eastern and Asian colonies. The promotion of nationalism and anti-colonialism in the empire and the loss of imperial tenacity in France led to its withdrawal from most of its colonies. Adding to that, France was one of the Allied Powers, and the The Atlantic Charter that was produced in 1941 stipulated that the Allied powers needed to achieve certain goals if they won Second World War, and one was that all people and nations had

Political Unrest in Lybia Free Essays

string(22) " to about 600 people\." Political Unrest in Libya Introduction For the past forty-two years Muammar Gaddafi has been in control of Libya. For the past few months the people of Libya has been involved in a civil war with hopes of Muammar Gaddafi stepping down as the Prime Minister. The civil war began with the arrest of human rights activist Fethi Tarbel; who works to free political prisoners. We will write a custom essay sample on Political Unrest in Lybia or any similar topic only for you Order Now The arrest of Tarbel triggered a riot in the city of Benghazi. February 17, 2006 is a known date in Libya because that was the day that security forces killed protesters outside of the Italian consulate, so anti-Gaddafi activist choose February 17, 2011 as a day of rage. All over the city of Benghazi laws were being defied and law enforcement officers were being ignored by the people who were tired of forty-two years of Muammar Gaddafi’s reign. The Libyan civil war is an important social issue because Muammar Gaddafi is killing his own people in attempt to keep control of Libya. Any time a leader is killing his own people it is a matter of international affairs. As a leader he should not be killing his own people in attempt to keep control of his reign. As a nation we should be worried about the Libyan war because not only is innocent people being killed, Libya is an oil producing country. As an oil producing country Libya exports 1. 6 million barrels a day eighty percent of oil exported Libya is imported to Europe (petroleum-export). The United States imports one percent of Libyan oil but forty percent of European oil and when imported oil is disrupted in Europe it is felt in the United States. Libya is also surrounded by countries that are sometimes hostile. The United States depends on Libya to be able to project influence and power into those hostile countries if needed to be (NPR). General Background Libyan Arab Jamahiriya is a country in northern Africa that was previously controlled by the Italians until 1943 when they lost in World War II. Libya gained their independence in 1951 from the United Nations Trusteeship making Tripoli the capital. Libya is populated with about 6,597,960 people with a thirty percent unemployment rate (CIA). Majority of the people that make up Libya is from the Arabian descent. With majority of the people being Arab, the religion that is most practiced is Sunni Muslim (CIA). There are three languages that are widely spoken in Libya which are: English, Italian and Arabic being the official language of Libya. While some people might mistake Libya for being a communist country it is not. The belief of Libya is from the â€Å"green book† which rejects communism (CIA). Libya is actually considered an authoritarian country which is defined as; characterized by or favoring absolute obedience to authority, as against individual freedom (the free dictionary). Just like any other self-governing country Libya has its own military with all five branches. Muammar Gaddafi fights for power and gets it Muammar Gaddafi sometimes referred to as Colonel Gaddafi graduated from the University of Libya in 1963 (Britannica). Soon after that he began to come up with a plan to overthrow King Idris I. He decided to go to a military academy to achieve some rank. In 1965 Muammar Gaddafi graduated from the Libyan Military Academy (Britannica). After he graduated he began to rise within the ranks of the Libyan military. September 1, 1969 Colonel Gaddafi successfully overthrew the monarchy of King Idris I in a bloodless military coup (Britannica). Many high ranking officials thought his plan was a mastermind so at the age of twenty-seven colonel Gaddafi was named commander in chief of the armed forces and chairman of the revolutionary command council which was Libya’s new governing body. In 1970 he was appointed Prime Minister (Britannica). Once in power Gaddafi began making some radical changes in Libya by removing the United States and British military bases from Libyan soil (Britannica). He began to push his Islamic beliefs onto the people of Libya by banning alcoholic beverages and gambling. Gaddafi tried several times to unite Libya with other Arabian countries, but all of his attempts were unsuccessful. He formed the Arab Socialist Republics changing the official name of Libya to Republic Great Socialist People’s Libyan Arab Jamahiriya (dnewsglobal). Not only did he change the name of Libya but he also changed the flag from its original red, black, and green with a star and crescent on the middle to a simple green colored flag. He changed the government landscape of Libya to be led into two main pillars (dnewsglobal). One of them is called the â€Å"revolutionary sector† while the other is called he â€Å"Jamahiriya Sector†. They are extremely different because the revolutionary sector consists of Gaddafi as the leader, The Revolutionary Committee, and the Revolutionary Command Council (dnewsglobal). The revolutionary sector is the core power in Libya. The people that are in the revolutionary sector are appointed so they have no term of office (dne wsglobal). On the other hand the â€Å"Jamahiriya sector†, is for the people it is the Libyan congress and is the legislative part of the two sectors. The people that serve the Jamahiriya sector are elected every four years (dnewsglobal). Along with everything else Muammar Gaddafi wrote a â€Å"green book† which outlines the three basic understanding of democracy on the basis of â€Å"people’s power†, â€Å"economic Socialism† and â€Å"third international theory. †(dnewsglobal) The book is a very controversial book because the green book promotes the system of direct democracy based on the formation of people’s committees. Although there are two committees that runs the core of Libya it always come down to one person which is Muammar Gaddafi and forty-two years of power is far from a democracy. Civil War Two weeks into February a human rights activist name Fathi Tarbel was arrested (CNN). The people of Libya were outraged and they began to protest outside of the police headquarters in Benghazi in attempt to free Tarbel. The protest started with 200 people but quickly rose to about 600 people. You read "Political Unrest in Lybia" in category "Papers" Things took a major turn when Libyan police came out dressed in civilian clothes to break up the protest. They dispensed tear gas, hot water and they hit the protesters with baton sticks. Gaddafi began to use his air force to calm things down. He ordered an helicopter to fire rapidly on the protesters in Benghazi. The protesters began to fight force wit force by packing a car with explosives with the hopes of breaking into a nearby military camp (CNN). The protest spread to other parts of Libya in Quryna African mercenaries opened fire on the civilians in Tajourea (CNN). In the countries capitol war planes and helicopters conducted air strikes. Even though there were some people against Gaddafi there were still some people for him. The people that wanted him gone began to fight with the people that wanted him to stay. All of the fighting going on eventually spread to Zamiya, Tajura and Misrata (cnn). In Zawiya seventeen people were killed and 150 were wounded (CNN). It was reported that mercenaries were shooting at unarmed civilians in Tajura(CNN). In Tripoli snipers and other security forces were firing at the crowd in an attempt to make them disperse (CNN). Once anti-Gaddafi people took over Zamiya they began to fight back against pro-government people. The anti-Gaddafi people were taking over Libya and Gaddafi had enough by stating â€Å"they play hard I also play hard. I will survive until the last drop of blood. † He ordered Libyan aircrafts to drop bombs were the rebels had took over. He ordered mortar and machine gun attacks. Muammar Gadaffi growing very upset began to bomb places just to make sure there were no rebels there. A CNN witness stated that â€Å"he is bombing his way into Misrata†¦he doesn’t care if all of the people there are dead by the end of the day (CNN). † The rebels managed to get their hands on anti-aircraft weapons in an attempt to fight back some of the air attacks ordered by Gaddafi (CNN). Since the united nations ordered a cease fire and a no-fly zone(CNN) Gaddafi took his attacks on more of an ground mission. Despite the international orders Libyan forces continued to fire mortars and heavy fire into the city of Misrata to try and take control back of lost land. The human watch has reported Gaddafi forces placed dozens of land mines outside the city of Ajdabiya (CNN). Everyone has their own view on the Libyan civil war even the media. The Medias perspective on the Libyan civil war is that it is unacceptable. They feel that Muammar Gaddafi’s tactics are completely out of line for killing his own people. They also feel that the rebels should stop and let international forces handle Muammar Gaddafi. A CNN reporter stated that â€Å"the rebel forces appear to be in disarray. It’s been a very chaotic effort on the part of opposition fighters from the beginning. They have no command-and-control structure and little discipline. † International Diplomacy Many surrounding countries began to take action to distance them from Libya. The Arab League suspended all Libyan delegates to attend their meetings (euronews). Since Libya is a country within the United Nations one of their responsibilities is to protect its population and with all of the killing of their citizens Libya is clearly not upholding that responsibility. The United Nations Security Council decided to put some sanctions against Libya by putting a travel ban and freezing the assets of Muammar Gaddafi’s family and other Libyan figure heads (euronews). Since Gaddafi could not comply with the reminder made earlier to protect its population, the United Nations General Assembly unanimously suspended Libya from the human rights council (foxnews). The United Nations Security Council international criminal court opened an investigation against Muammar Gaddafi, his sons, and his close political circle for crimes against humanity. Muammar Gaddafi and his family assets were frozen in certain countries (euronews). The United States response to the Libyan problem was that it was unacceptable. President Barack Obama said that â€Å"Muammar Gaddafi has lost the legitimacy to rule and need to do what is right by his country and leave now (cbsnews). † Twenty-seven leaders of the European Union countries put together a no-fly zone request with the support of the Arab league and the United Nations. The no-fly zone was passed unanimously. In an attempt to help the civilians of Libya American, French and British navies and air forces launched cruise missiles and airstrikes against Libyan military positions and their communication facilities (CNN). Conclusion After reviewing my information and observing it I came to the conclusion that Muammar Gaddafi needs to go. Forty-Two years has been long enough for Gaddafi there should be another leader for the country of Libya from the beginning he has been changing things in Libya and he now has to recognize that there needs to be a change in leadership for Libya. The people have clearly spoken and they are ready for a new leader. From my perspective of the situation in Libya I believe that it is unacceptable. No leader from any country should be allowed to kill his people and not expect to be checked about it. Since Libya is a part of the United Nations they should up hold the united nation laws one of them being â€Å"protect your population†. Muammar Gaddafi is clearly not upholding that law. I also believe that there should be more discipline to handle the situation in Libya. I don’t think that rebels should be the ones to take care of the work because they have no training and especially no discipline. For the rebels there is no sense of organization because they don’t have communication abilities the Gaddafi has. While I don’t believe that a country should go to war with Libya I do believe that troops from different countries put together should go in and try to deter the situation. Even though the United Nations put up sanctions like the no-fly zone and the countries that support the no-fly zone is helping by sending air strikes and other forms of attack the innocent people of Libya have suffered enough it has been going on since February and it needs to end now. How to cite Political Unrest in Lybia, Papers

Impact of Gst on Fmcg Sector free essay sample

Initially envisaged to be in place by April 1, 2010 the GST would result in a major rationalization and simplification of the consumption tax structure at both the centre and state levels by replacing all central and state level indirect taxes such as value added tax (VAT), excise duty, service tax, entertainment tax among others bring relief to the common man. GST: An Executive Summary GST is the most ambitious indirect tax reform in India ever attempted and aims to create one â€Å"borderless domestic market†. It will tax consumption as against â€Å"production† which is the current norm. A uniform rate will be imposed on a product only once, at the point of its supply, thus reducing the cost for consumers. Key benefits: If GST is implemented without many exemptions and with a single rate, the following benefits will accrue: * Macro: Successful pan-India implementation will add 1-1. 7 % to the GDP and boost the tax/GDP ratio. * Micro: Incidence of tax will come down in case of manufactured goods. However, in case of services the incidence and coverage of tax may rise resulting in higher prices. Industry: Volume growth will accrue as incidence of taxation is minimized. Also, supply chain efficiencies will accrue as there will be no need for multiple depots and warehouses. Driven by growing consumption in rural and semi-urban areas, the fast moving consumer goods (FMCG) market is expected to double from $14. 7 billion in 2008-09 to $30 billion in 2012, according to a study titled â€Å"Prospects in the FMCG sector†, released by the Associated Chambers of Commerce and Industry of India (Assocham). The Indian FMCG sector is the fourth largest sector in the economy with a market size in excess of $14. 7 billion. A well-established distribution network, intense competition between the organized and unorganized segments characterize the sector. GST is a tax on consumption, and since FMCGs form the core of the consumption basket, the sector would be watch closely on the heels of its implementation. The sector is bound to witness many gainers and closers, depending crucially on the base and rates of the GST. Currently both centre and state tax rates vary- central value added tax (CENVAT) duty varies from 0-14 % (reduced to 8% under the fiscal stimulus package) and the state VAT varies between 0% and 12. 5%. Indications are that the combined centre and state GST on FMCGs could range between 12% and 14%, if applied at a single rate. At this rate, the total burden on FMCG’s should remain approximately the same as under the current structure. However, it would lead to simplication in the tax structure and would mitigate the disputes relating to classification of goods into various tax rate categories and determination of factory price for application of CENVAT. However, if food and other basic necessities were to be exempted or made taxable at a lower rate, then the standard rate for other goods and services could be pushed up to 18% or more. This could lead to disputes on classification of goods to the two rate categories. Leaving aside the issue of rates, many benefits are to be realized with respect to simplification of the supply chain which are summarized thus: Impact of GST on the FMCG Supply Chain: The introduction of GST is expected to build best-in-class capability in supply chain as well as people capability and enhance India’s cost leadership position by eliminating inefficiencies in supply chain and taxation: * Multiple Route-to-market models: Upto 35% reduction possible in time-to-market. Simplification of Supply Chain: With the elimination of central sales tax, manufacturers could implement a centralized warehousing and distribution centre and need not set up distribution depots in individual states and make inter-state sales via consignment agents. * Elimination of Tax Cascading: Currently, FMCG dealers cannot claim a credit for the service tax paid on their inputs. Restrictions also apply on claimin g credits for VAT on inputs other than goods for resale. Reduction in Inventory Costs: Currently, the CENVAT is included in inventory costs, because of which the dealers costs increase. Under the new structure, the GST paid on inventory would be fully recoverable as input tax credit, reducing the inventory financing costs. * Cash Flow benefit from tax: The dealers would be collecting GST from their customers as they make sales, but would be required to remit it to the government only at the end of the month or the quarter, when they file their returns. This extra cash float would be like a recurring interest-free loan from the government each quarter. These benefits would be then passed on to the customer in the form of Potential Price Reduction which are depicted below: ( Under two scenarios of 14% and 16% Excise Duty) Direct Impact on Logistics with trickle down benefits for FMCG: The cost of logistics in India is about 13% of the GDP, among the highest in the world. This higher logistics spend in India is attributed to the inefficiencies in the system which are expected to be done away with the new taxation regime. The previous regime has resulted in an unorganized and fragmented warehousing industry necessitating streamline of the logistics industry processes. The GST would impact the Logistics sector as under: * Consolidation outsourcing in warehousing: Achievable due to inherent advantages of low fixed costs, low employment of manpower and administrative effort. * Reduction in number of Distribution Centres (DC’s): Post GST, state specific distribution centres are expected to change to regional DCs. The outcome of this would be fewer DCs of larger size, more value inventory and a higher number of trasactions. Improvement in Quality of Services: Costs savings can be used to improve the quality of services and the usage of larger line haul vehicles, larger loads and cross docking. * Alleviation of complexities in documentation and inter State barriers: Through a uniform and seamless application of CGST SGST irrecoverable taxes such as Central Sales Tax (CST), complex documentation of inter State movement of goods, entry barriers at state borders resulting in long transportation times and imposition of local levies such as entry taxes and octroi upon physical entry of goods into designated areas can be done away with. Analysis: In order to satisfy the set of customer needs through its products and services, the firms operating in the FMCG space need to achieve a consistency between their Business Strategy, Product Development Strategy, Marketing Sales Strategy and Supply Chain Strategy. As identified earlier, the supply chain strategy which revolves around Operations, Distribution and Service is geared towards cost leadership by the implementation of GST, all while improving quality of service. In the FMCG sector, there is a need for an efficient supply chain as consumer goods typically depict predictable demand, explaining their low margins. GST helps us achieve thus by alleviating complexities inherent in the existing tax system. Facility Network Design Considerations: Increase in the number of facilities increase costs associated with inventory, setting up of additional facilities and transportation. As discussed earlier, the elimination of the Central Sales Tax can help the industry work towards consolidation of warehouses and distribution centres, reducing the number of facilities and thereby the overall logistics costs. Same has a direct impact on response time, and the savings realized by facility reduction along with the multiple route-to-market models that have opened up, could lead to a 35% reduction in time-to-market. Recommendations: Based on the secondary data collected, and the subsequent analysis of the FMCG sector the following recommendations have been tabulated for the benefit of the policy makers: * Extended date of implementation: Setting of the deadline as October, 2010 as opposed to April 1, 2010 would help the Centre solve any and all disputes related to its implementation with the States leading to a flawless roll-out. Removal of classification between goods and services: To ensure there are no classification disputes, leading to more complications and delays. * Removal of existing area based exemptions: the existing area based exemptions in respect of CENVAT should be discontinued and if need be a direct investment linked cash subsidy may be provided to support the industry, for b alanced regional development. The idea is to not break the GST chain with regard to both CGST SGST. Some of the options around re-engineering the supply chain would relate to decisions on indigenous supplies vis-a-vis imports; Intra-State vis-a-vis Inter-State procurement manufacturing service/warehousing stocking locations, in-house v/s contract manufacturing, direct sales v/s stock transfers etc.

Unconditional Love Essays - , Term Papers

Unconditional Love Willie: Ok Mom, I'm going out for a little while. Mom: Don't be late, I will be waiting up for you. Willie: Don't worry Mom, I'll be back, go to sleep. Narrator: Little did his mother know he was going to a Frat Party at some crack house on the West Side called "Phillies and Forties". When he arrived at the party, he smoked all the weed and drank all the Old E. he could find. At this point he was insanely under the influence. On the drive home he hit a beagle and a mailbox. The Cops pulled him over. Officer Gibby: Please step out of the vehicle son Willie: Did I do anything wrong Mr. officer Officer Gibby: You are under arrest for reckless endangerment, criminal mischief, driving while intoxicated, destructing government property, and running over a Beagle. Narrator: The officer then drove Willie to the Erie County Holding Center and gave him his phone call. He called him Mother. ----Phone Rings---- Willie: Mama, I'm in jail, please come pick me up. ----Phone slams---- Narrator: She posts bail and he gets released until his court date the next week. The whole ride home is silent until they step into the door. Mom: What you have done is very wrong. You could of killed someone, and more importantly, yourself. I've seen kids disown their children for acts like these. You are lucky you have a mother that loves you as much as I do. I am still very disappointed but know this. Whenever you do anything wrong, it is like a stabbing a knife right into my heart. I will always love you no matter what, please don't take advantage of that. . . . Willie: I'm sorry Momma it will never happen again. Mom: Ok son, go to bed. We will talk about your punishment tomorrow morning.

study of ralph waldo emerson essays

study of ralph waldo emerson essays A Close Study of Ralph Waldo Emerson Thesis: Throughout his life, Emerson was influenced by many intelligent people which enabled him to go far beyond his dreams. A Close Study of Ralph Waldo Emerson The American lecturer, essayist, and poet, Ralph Waldo Emerson {1803-1882} is generally considered as a seminal figure in American literature. Emerson was born on May 25,1803 in Boston, Mass. He was the fourth child of an old and respected, though not wealthy, New England family. His father, William, was a minister at the First Church in Boston, the sixth generation of Emerson's to serve as ministers (Perkins 124). At home William and his wife, Ruth Haskins Emerson, provided a stable though cautious and strict home life for their eight children, of whom three died at infancy. The family's financial situation was irritated by the father's declining health after 1808, ending in his death three years later (Merriam 298). During those years Emerson's relation to his father seems to have been troubled, though perhaps not more so than might have been expected from any boy in his situation. The central figure of these years was Emerson's paternal aunt, Mary Moody Emerson, who after the father's death, moved in with the family to help Ruth raise the children and run the boardinghouse that increased their scanty income (Myerson 332). His aunt was an influence upon his young life, as was the firm background of the ministry in his family. Throughout his life, Emerson was influenced by many intelligent people which enabled him to go far beyond his dreams. Emerson's schooling was traditional for someone of his social standing. In 1812 he began to prepare for college at the Boston Public Latin School. Five years later, at fourteen, he entered Harvard, the youngest member of his class. He twice won second place in an essay competition and was named class poet-after classmates refused the honor. He graduated in the middle of his class, thirte...

HRD 350 ch #2 Assignment Example | Topics and Well Written Essays - 250 words

HRD 350 ch #2 - Assignment Example The Trade unions have the mandate of conducting strikes against the employers. Strike is considered to be the last option, but when negotiations reaches impasse, strike is taken to be the only bargaining instrument for the workers. The trade unions are divided into industrial and craft unions. Craft union is composed of employees that perform a specific trade like printers, carpenters, and plumbers. In US, the craft unions are represented by various national organisations. In 1930s, various AFL unions that seek a national organization of workers came up with the Committee for Industrial Organization. The CIO organised all the industrial workers working with rubber plants, steel, and automobile. The Membership in trade unions has been on the descending trend since 1950. This has led to a decline in the number of employees found in the mmmanufacturing sector. In 1995, the union membership comprised of 15% of the work force. This is compared with 34.7% that was in 1954 (Harrod,

Finance Calculation Research Paper Example | Topics and Well Written Essays - 1750 words

Finance Calculation - Research Paper Example This is the factor for the argument and criticism of the Millionaires Factory by the Australian Shareholder's Association. If the market required rate of return is higher than the coupon rate of a bond, the price of the bond goes down. Because there are available bonds in the market, which give more interest than it does. Therefore, investors do not feel interest to invest on the bond, which offers lower interest rate than market's other bond. If the market required rate of return is lower than the coupon rate of a bond, the price of the bond goes up. Because there are available bonds in the market, which give lower interest than it does. So, investors feel interest to invest on the bond, which offers higher interest rate than market's other bond. .. Price of bond at 4% market interest = [80{1-1/ (1+ .04) ^5} .04] + 1000 / (1+.04) ^ 5 = $1177.62 Price of bond at 6% market interest = [80{1-1/ (1+ .06) ^5} .06] + 1000 / (1+.06) ^ 5 = $1084.20 Price of bond at 8% market interest = [80{1-1/ (1+ .08) ^5} .08] + 1000 / (1+.08) ^ 5 = $999.99 Price of bond at 10% market interest = [80{1-1/ (1+ .10) ^5} .10] + 1000 / (1+.10) ^ 5 = $684.66 Price of bond at 12% market interest = [80{1-1/ (1+ .12) ^5} .12] + 1000 / (1+.12) ^ 5 = $598.42 Price of bond at 14% market interest = [80{1-1/ (1+ .14) ^5} .14] + 1000 / (1+.14) ^ 5 = $553.20 Price of bond at 16% market interest = [80{1-1/ (1+ .16) ^5} .16] + 1000 / (1+.16) ^ 5 = $479.47 In while, 1 = 16% 2 = 14% 3 = 12% 4 = 10 % 5 = 08% 6 = 06% 7 = 04% 8 = 02%. Relationship between bond value and market required rates of return If the market required rate of return is higher than the coupon rate of a bond, the price of the bond goes down. Because there are available bonds in the market, which give more interest than it does. Therefore, investors do not feel interest to invest on the bond, which offers lower interest rate than market's other bond. If the market required rate of return is lower than the coupon rate of a bond, the price of the bond goes up. Because there are available bonds in the market, which give lower interest than it does. So, investors feel interest to invest on the bond, which offers higher interest rate than market's other bond. Answer to the question no.6 Part 1 We know, P = (D + p) / 1 + k In while, P = Opening share value D = Dividend p = Closing share value k = .12 g ( growth) = (3.5- 3.24) / 3.24 = 8.02% So, D = 3.5 + 3.5 8.02% = 3.78 So now,

The Success of Saudi Economic Policies According to Islamic Financing Literature review - 1

The Success of Saudi Economic Policies According to Islamic Financing Principles - Literature review Example The structure of society in Saudi Arabia is a monarchy, which means that patriarchal values of hereditary power are enshrined in all the internal political organisations. It is not like the monarchy which exists in the UK, where the Queen has a largely ceremonial role, but rather it is a non-democratic institution where the ruling royal family occupy the positions of power and decision-making. King and Prime Minister Abdallah bin Abd al-Aziz Al Saud have been both chief of state and head of government since 2005, and all members of the council of ministers are appointed by him. (CIA, 2010) Female members of the Royal family and other respected women can and do occupy prominent positions with impressive job titles such as Princess Dr al-Jawhara bint Fahd al-Saud who was an undersecretary for education for women's colleges and Dr Nora Alyousuf, who is one of only six state-appointed â€Å"parliamentary advisors† but their powers are limited and many people view these appointment s as a cosmetic touch to distract from the lack of influence that Saudi women have in society. It would be wrong to assume, however, that royal power is always used to oppress women in modern Saudi Arabia and in fact over the last ten years there have been a   number of royal decrees which call for the setting up of organisations which review and reform Saudi social and political structures. The royal decree of March 9, 2004, called for the establishment of an Institution for Human Rights and another one of Sept.12 2005 set up an official Saudi Committee for Human Rights.  The structure of society in Saudi Arabia is a monarchy, which means that patriarchal values of hereditary power are enshrined in all the internal political organisations. It is not like the monarchy which exists in the UK, where the Queen has a largely ceremonial role, but rather it is a non-democratic institution where the ruling royal family occupy the positions of power and decision-making. King and Prime M inister Abdallah bin Abd al-Aziz Al Saud have been both chief of state and head of government since 2005, and all members of the council of ministers are appointed by him. (CIA, 2010) Female members of the Royal family and other respected women can and do occupy prominent positions with impressive job titles such as Princess Dr al-Jawhara bint Fahd al-Saud who was an undersecretary for education for women's colleges and Dr Nora Alyousuf, who is one of only six state-appointed â€Å"parliamentary advisors† but their powers are limited and many people view these appointments as a cosmetic touch to distract from the lack of influence that Saudi women have in society. It would be wrong to assume, however, that royal power is always used to oppress women in modern Saudi Arabia and in fact over the last ten years there have been a   number of royal decrees which call for the setting up of organisations which review and reform Saudi social and political structures. The royal decre e of March 9, 2004, called for the establishment of an Institution for Human Rights and another one of Sept.12 2005 set up an official Saudi Committee for Human Rights.  

Analysis of Tractors and Tractor Engineering Features

Analysis of Tractors and Tractor Engineering Features Which tractor will serve you best? Contrary to popular belief, tractors are used in much more than agricultural work. Tractors are used in mowing, land-clearing, landscaping, construction, excavation, and livestock and industrial applications. Tractors come in 2-wheel drives, equal and unequal 4-wheel drives; with different types of tires and horsepower; and multifunctional attachments. These factors influence the tractors capabilities and price. Classifications of tractors Tractors are classified on the basis of engine power and drive: 2-wheel drive tractors: are best for mowing level fields and traversing long distances. 4-wheel drive tractors: are suitable for attaching loaders, and have the traction to work well on unleveled surfaces. They have a large share in the small and medium-sized tractor market and better resale value. Small range tractors: have an engine of less than 25 hp (horsepower). They work best on lawns. Middle range tractors: have engines of 25-60 hp and perform well in commercial applications, nurseries, and farms. Heavy range tractors: have engines of 65 hp and higher. They are suitable for heavy work such as tilling and baling. Tractors of 200 hp are usually seen in large commercial farms. Important characteristics of tractors The cost and applicability of tractors depends on these characteristics: Tires: Tractors have pneumatic tires (for traction in loose muddy fields), industrial tires (for heavy loading and mowing), and turf tires (for minimizing surface damage). Cabs: Though costly, enclosed cabs protect operators from extreme climates. Air conditioned cabs consume 3-4 hp and are suitable for middle and heavy range tractors only. Transmissions: Tractors can have manual transmission or the more expensive clutch-free hydraulic transmission that uses up some horsepower. Attachments: Tractors can have attachments attached to the back and front such as rakes, spreaders, grapples and harrows. The number and type of attachments is directly proportional to the tractors cost and horsepower. Fuel: Tractors run on unleaded or diesel fuel, or grain. Safety features: Tractors are bulky machines. Lights and flashers provide safety on road. Latest models are equipped with an operator presence switch that turns off the engine in the operators absence. Rollover protection structures (ROP) protect the operator from getting crushed in a rollover accident. Types of tractor attachments Attachments lend greater functionality to tractors. Most attachments use the power of the tractors engine to work through a power take-off (PTO) drive shaft. Common attachments include: Backhoe: for digging precise holes. Mowers: come in various types: rough cut and brush mowers for heavy work finish mowers for detailed work bush mowers to mow acreage side mowers to mow side ditches on roads Box blades: for scraping, leveling or grading soil. Buckets: for moving piles of rocks and soil. Plows and blowers: to move snow. Front-end loader: for leveling, carrying and loading. Services offered by tractor dealers Tractors are expensive and hardy machines that need constant maintenance. While many owners perform routine tasks such as replacing filters, changing oil, and greasing joints, dealers can also offer maintenance contracts for a small fee. In any case, dealers should provide a maintenance manual for the tractor and a basic demo of its functions. Dealers can offer financing options for purchasing tractors as they cost anywhere between $10,000 and $100,000. Attachments also cost a few thousands. A second hand tractor can be purchased at lower cost, but you should ensure it is in working order and comes with at least 1-2 months warranty. Some dealers may also have imported tractors that are sold semi-legally at cheap prices. However, spare parts are a major problem with these tractors and safety features may not meet standards. The dealer should have sufficient workforce to pick and repair your tractor in case of a fault or breakdown. They should have the necessary parts and attachments as and when required. You should compare quotes from multiple vendors before making your choice. Price and after-sale services are equally important.

Catch 22 :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Catch-22 by Joseph Heller is an interesting novel in the fact that throughout the entire novel the plot seems to go nowhere. It just seems to be a bunch of events strung together through the main character Yossarian. These events, however powerful, don’t seem to lead to much of a point, until the reader finishes. Then, out of nowhere, comes the meaning behind the book. Heller does a great job of ending the book. By having Yossarian run away the meaning of the book is set in stone. Catch-22 is a novel which discusses the fact that the importance or value of one thing to one person, could be completely different to another, like in the cases of selling goods over human life with ex-P.F.C. Wintergreen, Milo Minderbinder with his wheeling and dealing and Doc Daneeka and his description of what it takes to get home. Each character in the novel seems to have a certain way in which they judge their power, importance, worth and/or duty. Throughout the entire book, the only character that resembles someone with good opinions of himself is Yossarian. He appears to be the only character that realizes the insignificance the war effort is because almost all the people in the novel are fighting for the wrong reason. He says, â€Å"Am I supposed to get my ass shot off just because the colonel wants to be a general?†. Other characters, like ex-P.F.C. Wintergreen respond to questions with answer that seem to make no sense. In the case where Yossarian is requesting that Wintergreen get them off the flight to Bologna because they will probably die, Wintergreen comes back with the unbelievable answer â€Å"Then you’ll have to be killed. ...if your destined to be killed over bologna, then you’re going to be killed, so you might just as well go out and die like a man. I hate to say this, Yossarian, but you’re turning into a chronic complainer†. The importance of life is gone. Ex-P.F.C. Wintergreen is more concerned about peddling his goods throughout the war then he is about the life of a friend. Another strange character in the story was Milo Minderbinder. The person originally brought in to run the mess hall, who later had his own business, M & M Enterprises, in which he traded things in order to gain stuff for himself. He collected stuff, like art and sculptures, that would be really valuable after the war. The only problem with this, is that it got to the point that he would trade things valuable to the

Country Report on China Essay

In the whole Asia, China is conceived as one of the largest countries. In the world, it is the fourth most prominent country after Russia, Canada and USA. China is surrounded by the following neighboring countries i. e. Russia, India, Afghanistan, Bhutan, Myanmar, Kazakhstan, North Korea, Kyrgyzstan, Nepal, Pakistan, and so on. It mainly covers up the areas around 9,596,960 square kilometers. In the whole world, China has the greatest population in comparison to the other neighboring countries. As per the recorded data in 2007, its total population is approx 1,321,851,000. China is basically separated into States (23), Sovereign Regions (5), and Administrative Districts (4). The statistical distribution of the China’s population takes place in such a way: ? Approx 10% or 115 million people of the total population reside in an area of only 47,000 square kilometers. The area of 47,000 Square Kilometers is only 0. 5% of China’s total land mass. In the most obtusely inhabited countries and cities, the mean population density is 2,428 individuals per square kilometer. ? Less than or up to 50%, population of the China lives in an area of about 778,000 square kilometers. It presents merely 8. 2% of the total land. The average population density of this area is about 740 people per square kilometer. ? More than 90% of the Chinese population or approximately 1 billion Chinese people reside in a smaller, more than 30% territory of the country. About 345 individuals per square kilometer is the population density of this area The distribution data given above reflects that almost the total population of China is focused in less than one-third of the country. While, in comparison to the Belgium, the average population density is greater (Population Growth, 1999). In the world, China is viewed as the one of the four Oldest Cultures. It has a published history of 4,000 years or more and also has the great features like ‘Rich Ethnical Relics’ and ‘Historic Sites’. The paper-making, compass, gunpowder, and publishing, are the following invention of Chinese individuals. China is an ancient culture or cultural region that mainly depends on a range of views. In the East Asia, it is national or multinational entity, which is covering more than a large area of the country. In the period of past few years, it’s ethnical or civilization area has covered throughout East Asia as a whole, with Chinese traditions, religious belief and orthographies being adjusted to changing levels by neighboring courtiers i. e. Korea, Japan, and Vietnam. China has endured the various economic problems over the period of time that not only influences its economic growth, but also is a great hindrance in the way of country’s growth. The following are the various critical problems, which were faced by China; volatile or rapid population growth, economic stagnation; and penetration & influence. The main economic pertains of the Chinese population, which directly or indirectly affect the economic growth or country’s development i. e. fiscal shortfall, elusive obligations, migrant population rate, arising population rate, Gross Domestic Product (GDP) growth rate, and problem of unemployment (China’s political and economic concerns, 2009). Besides the above economic concerns, the various other issues that confronted engrave troubles and heavy cost on China’s resource environment are high expelling and low efficiency, broad mode of economic growth, boasting high input, high economic consumption, etc. Hence, it is concluded that all the above issues affect the economic process sustainability. The problem of arising population and development is closely related with each other. Thus, it must be conceived in close relation to country’s development. Today, in the area of population and development, China is greatly confronted with grave challenges. Each year, the recorded growth in population is about †¦. , that ultimately gives rise to the other problems i. e. rise in number of the poor people, increasing environmental pollution, natural resources depletion, etc. In order to defeat these challenges, Government of the China must take some initiatives, in order to control the growing population rate, obviate poverty level and defend surroundings to sustained economic growth. Over the previous few years, the economic condition of the China is quite good and has demonstrated noteworthy economic growth. Noteworthy economic growth indicates that in the future, Chinese will enjoy an attractive augmentation in its economy, but this is possible only when, China proceeds crucial rectifies to its economy. Hence, to constitute a strong economy, China has to implement the Economic Expert’s safety measures effectively, or otherwise, it could endanger succeeding growth of the economy. The reforms include: set up state owned enterprises, effective banking system, changes in ineffective Legal laws or Government rule, control or eliminate the public agitation over pollution; corruption and income inequality also set menaces to economic or social stableness. Focus on Population Growth The issue of growing population is the foremost crucial point regarding the economic concern of the country. For the Government of China or its individuals, the increase in the population growth rate is the enormous consequence or substantial challenge. This continuous growth in population affects the whole world; thus, it is conceived as a generous issue. The 20% of the total world’s population can be considered as the People’s Republic of China (Rosenberg, 2009). This shows that out of five people, one belongs to or lives in China. In the year 2008, Population about 1. 3million or 1,330,044,605 was recorded as the projected population and an approximated growth rate was around 0. 6%. In China, the anticipated population growth is about 10 million, per year. It is expected that population rate of the China will reach at the top i. e. about 1. 6 billion by the year 2005 (China, 2009). By the late of the year 2010, population in China is anticipated to arrive at 1. 4 billion. Roughly 2030, China’s population will expect at the extreme level and then slowly commence falling down (Rosenberg, 2009).

Ecology Paper Review Essay

It is necessary to note that information provided on both sites is rather interesting and important, because it reflects the latest events and trends in ecological issues. Both sites are devoted to ecological problems discussing climatic changes, global warming, birds’ migrations, etc. for example, it is interesting to know that, according to the National Climatic Data Centre, the year of 2006 is considered the warmest year in the United States, though in the global context 2006 takes only the sixth place. It is mentioned that the previous warmest years in the UA was ranked 1998 caused by El Nino exacerbated warming. El Nino appeared this year and caused the effect of global warming leading meteorological offices to predict that â€Å"worldwide average tempts would hit a new high in 2007†. (Warming Trends 2007) According to statistics the hottest ten years noted in records have been logged since 2004: â€Å"The past nine years have all been among the 25 warmest years on record for the contiguous U.S., a streak which is unprecedented in the historical record†. According to reporter from New York Times, global warming becomes a fundamental factor affecting annual climate reports meaning that global warming is one of the serious problems not only in the USA, but in the rest of the world. (Warming Trends 2007) It is necessary to underline the article â€Å"Poverty & the Environment† providing discussion of economic and environmental injustice. For example, the author thinks that poverty and environmental degradation are combined factors characterizing the USA. Certainly, the lower income the family has, the higher the chances to be exposed to toxins either at home or at work. Apparently, low-income families have greater risk to develop asthma or cancer caused by environmental factors. Not all families are able to afford healthy food and safe outdoor spaces. Furthermore, such families are more vulnerable to human-made tragedies and natural disasters. The author says that â€Å"the worst consequences of environmental degradation are visited on the homes, workplaces, families, and bodies of the poor†. Nowadays more than 12% of the US population is behind the poverty line. (Poverty & the Environment 2006) References â€Å"Poverty & the Environment†. (2006, February 13). Retrieved January 11, 2007, from http://www.grist.org/news/maindish/2006/02/13/pate/index.html â€Å"Warming Trends†. (2007). Retrieved January 11, 2007, from http://www.sierraclub.org/compass/   

ANwar Sadats DEcision to make peace with israel essays

ANwar Sadats DEcision to make peace with israel essays Throughout time the decisions made by an individual or a group, such as President Anwar Sadat and his decision to make peace with Israel has dramatically changed the course of history. Every leader in history has made a decision that has affected the world, or just his nation in some way. After many years of struggling to keep peace among the Jews and Arabs, President Anwar Sadat, finally decided to make peace with Israel. Peace between Israel and Egypt would mean great changes were going to take place. This momentous decision would be a large step up for the two nations and would lead to them better lives, in peace. Before the Egyptian Israeli Peace Pact was signed in 1978, Palestine and Israel were enemies with each other in every way possible. They were nowhere near being on good terms with one another. One war constantly followed another, and it was impossible for them to live in peace. Neither side saw even a slight possibility of this happening. Since Arab nations refused to accept the fact that Israel could be a Jewish state, all the Arabs had on their minds was the destruction of the country. Anwar Sadat was prepared to sacrifice one million soldiers in the destruction of Israel (Bard, us-israel.org/jsource/History/73_War.html). The Suez War(1956), which followed the Israeli War of Independence, the British, French, and the US agreed not to supply the Israeli or Arabs with any needed weapons. Since they could not get weapons from those countries, Egypt made an arms deal with Czechoslovakia. Now, with their weapons, Egypt was able to invade Israel constantly. Egyptian President Nassar nationalized the Suez Canal, and did not allow Israel, or the French and British to use it, since they were supplying Israel with armaments. The three nations, Britain, France, and Israel attacked Egypt, and immediately defeated the Egyptians. The French and British prot...

Applied or practicing anthropology Essay Example | Topics and Well Written Essays - 500 words

Applied or practicing anthropology - Essay Example Within each of these two sectors, there is also much diversity when it comes to what is really being produced or sold by them. On the whole, the annual rate of growth of the consumer product industry for manufacturing has been estimated to be 11.5% whiles that of the sales sectors has been pegged at 18% (Domingos 66). This shows a very strong and formidable industry in consumer products. Writing on the differences in the growth rate of these two sectors of the same industry, Cho indicated the sales sector experiences higher growth rate because of the level of involvement in this sector (51). This is to say that there are so many people involved in the sale of consumer products than can be said of those involved in the manufacturing of consumer products. Certainly, it is common to find a person engaged in the sale of one form of one form of consumer product or the other, wherever a person may be found. The visibility with the consumer sales sector has been attributed as a response to the rapid needs of consumers for these products (Case and Shiller 33). In a typical market, the sales sector of consumer product industry can be subdivided into wholesale and retail, where the growth within the retail division has also been said to be ahead of the wholesale division (Hatzi and Otto 97). Again, this situation has been attributed to the extent of proximity between retailers and consumers. This is because whereas wholesalers sell consumer products to retailers and other professional businesses, the retailers sell directly to customers or consumers (Gwartney, Stroup and Sobel 121). For this reason, whenever there is discussion on consumer demand, the first point of call is the retail, who receives the pressure from consumers. As far as China and for that matter Shenzhen is concerned, the retail division of the consumer product sales sector can be widely divided into traditional retailers and lifestyle retailers.

Sacred Texts, Major Essay Example | Topics and Well Written Essays - 1250 words

Sacred Texts, Major - Essay Example Habel, O'Donoghue, Maddox (1993) say that sacred texts of Islam include the Holy Quran where it holds higher than the primary importance in Islam. The second most important sacred text in Islam is Hadith. Quran holds the highest importance as it is firmly believed that Holy Quran is the word of God and these were the words truly revealed on the last Prophet. Muslim all around the world believe the Holy Quran as the most sacred word of God. Hadith is sacred text that holds an importance secondary to the Holy Quran. Hadith is not just one book in fact this is the compilation of many books representing the sayings of the Last Prophet as well as the sayings of the caliphs in that era including many other followers to Last prophet. Gordon (2002) says that the word Quran in the literal sense means "To recite" when the word is looked out for meanings in Arabic language. The word recite is the first command that was delivered to the Lat Prophet by angel Gabriel. Recitation is the fact strongly associated with the Holy Quran. The Holy Quran not only holds a highest authority in all the religious matters for all the Muslims around the world but Holy Quran has also been holding the first priority for consultation in all legal matters. All Muslims believe firmly that Holy Quran is a complete guide for life which not only has the religious matters and issues complied in one book but also the ways to pas life are also present within the most sacred book. Habel, O'Donoghue, Maddox (1993) discusses that it is resolutely held by all Muslims that Holy Quran is a written word of God which is unblemished thus without any errors being perfect in every sense. It is held that the Holy Quran is a flawless record of all the revelations that had been made by angel Gabriel to the last Prophet. The timeline that has been described in texts for these revelation spans from 610 A.D till 632 A.D. It is said that the length of Quran is approximately the same as Christian New Testament having 114 Surahs. The arrangement of these Surahs is from longest Surah to the shortest Surah. Surahs have been classified as Meccan or Medinan and this depends on the Surah's origin. Message in the Quran is spread by means of some literary frameworks and literary devices. There is Arabic text in Holy Quran which is composed of thematic structures that make the reader recall the message. As the text of Holy Quran is considered to be perfect so many scholars regard the Holy text to be the criteria to teach Arabic language. The literary readers believe that Quran has the most rhymed sequence of Arabic language. Moreover the verses of the Holy Quran reflect directness, intimacy thereby asking the reader the same question as to what will be of value after this life. Functions in community Gordon (2002) says that the Muslim community regards the Holy Quran as the word of God and thereby it is the only reliable word to follow to make the dealings in life. Muslims believe that the sacred word has the solution to every problem in life thereby recitation of the Holy Quran can lead to solutions. All the social and the legal issues are considered to be solved by consulting the Holy Quran. Significant features of Muslim tradition Here in this

Learning Style and How it Helps Adults to Succeed Their Education Goal Research Paper

Learning Style and How it Helps Adults to Succeed Their Education Goal - Research Paper Example First, unlike children, adults are autonomous are self-directed. Adults can take up the responsibility of their learning process and rather than dictating, teacher and educators can take up the role of facilitators. Rather than forcing, pushing, or punishing adult students, the teacher can assume the role of a guide. Second, adults possess great wealth of knowledge in form of their experiences. Over their lives, they have seen the world closely and in order for teaching to be effective, the educator should help the adult students to link their experiences with theories, concepts, and tools learnt. This would help facilitate the learning process greatly. Third, adults are more likely to have clear goals and objectives with their studying. When they enroll for a class or a program, they know exactly what they want to achieve out of this course. Instructor or educator has to make sure that the course objectives should be in line with the objectives of the learners so that they could fee l motivated about their learning (Rothwell, 2008). Fourth, due to various reasons, adults are more likely to be relevancy orientated. ... ults who may go on to leave the learning process if they feel that their personality, opinions, ideas, thoughts and presence is not respected by other people and especially the educator (Knowles, Holton & Swanson, 2011). Sixth, adults seek constructive criticism and they are seeking feedback. They are least likely to be ship with rudders moving into circles without any sense of direction. They prefer to be corrected when they are making a mistake and they appreciate praise and applause when they have done something correctly. However, the tricky part here is the fact that while providing this critical feedback the educator has to ensure that he or she does not tear the person down but takes a very diplomatic and professional approach. Seventh, adults may have different backgrounds and different learning speeds. Furthermore, some learners may learn with great pace and some might be very slow to cope. Therefore, for effective teaching or training, the educator has to be flexible and mu st use different methods to address the need of the students. These methods may include group discussion, lectures, case study, demonstrations, field trips, games, note taking, question and answer, multimedia presentations, videos, panel and guest lectures and so on (Knowles, Holton & Swanson, 2011). Motivation and Adult Learning While dealing with teens and children, much of the focus remains on reward and punishment for motivating them for the learning process. In fact, at times, the concept of motivation itself becomes irreverent. However, this is not the case with adults. Motivation for learning is important and there are six sources of the same. First, adults may be motivated to a learning process because that learning environment or education may help them in developing friendships

Expansion and contraction of matter Essay Example for Free

Expansion and contraction of matter Essay Thermal Expansion and Contraction Most of the matters, without some exceptions, expand with the increasing temperature. When you give heat to matters; speed of its particles increase and distance between them also increase which results in the increase of the volumes of matters. All expansions occurs in volume of the substance however, sometimes some of the dimensions of them expand more with respect to others. In this case we neglect the less expanded ones and assume expansion like linear expansion in long materials. Moreover, we take the expansion of plate as area expansion and finally we take the expansion in three dimensions as volume expansion. thermal expansion Inverse of the expansion is called contraction, generally when matters lost heat and their temperatures decrease they contract. Now we will learn which factors effect expansion. If the initial volumes, areas or lengths of the matters are big enough their expansions with the same temperature are also big. In other words, expansion or contraction is linearly proportional to the initial volume of the matter. Different matters have different atomic structure, thus distances between the atoms are also different. They give different reactions to the same amount of temperature changes. So, another factor effecting expansion is type of matter. Final factor that affects expansion is the amount of change in temperature. Larger the change in temperature results in larger the change in the volume of matter. We get following formula from the explanations given above; ∆V=V0.ÃŽ ±. ∆T Where; ∆V is the change in the volume, ÃŽ ± is the coefficient of thermal expansion and ∆T is the change in the temperature of the matter. ÃŽ ±= Coefficient of thermal expansion is equal to the change in the volume of a unit of mass under 10C change in temperature. Expansion in Solid Matters We will examine this subject under three title, linear expansion, area expansion and volume expansion. Linear Expansion: Picture given below shows the linear expansion of metal rod. When it is heated, its length increases. linear expansion Our formula for linear expansion is; ∆L=L0.ÃŽ ±. ∆T Where; ∆L is the amount of change in the length of the rod, L0 is the initial length of the road, ÃŽ ± is the coefficient of linear expansion and ∆T is the change in the temperature of the matter. Example: There are three same metal rods having same length and thickness. If the temperatures of them are given like; T, 2T and 3T find the relations of final lengths of the rods. (Rods are in contact) We find the final temperatures of the system by the formula; Tfinal=T1+T2+T3/3=6T/3=2T Since the temperature of the first rod increase, its final length also increases. Temperature of the second rod stays same, thus there won’t be change in the length of this rod. Finally, temperature of the third rod decreases, thus its contract and final length of it decreases with respect to initial length. As a result relation of the final lengths of the rods; L1L2L3 Area Expansion: When plate given below is heated, it expands in two dimensions X and Y. We find the area expansion with the given formula; ∆S=S0.2ÃŽ ±. ∆T  Where; ∆S is the amount of change in the area of the plate, S0 is the initial area of the plate, 2ÃŽ ± is the coefficient of area expansion and ∆T is the change in the temperature of the matter. area expansion Example: We cut a circular piece from the rectangular plate. Which ones of the processes given below can help us in passing through the circular piece from the hole? expansion example I. Increasing the temperatures of rectangular plate and circular piece II. Decreasing the temperature of the circular piece III. Decreasing the temperatures of the rectangular plate and circular piece I. If we increase the temperatures of the plate and circular piece, expansion of the hole and the circular piece will be the same. Thus, this  option can help us. II. If we decrease the temperature of the circular piece, it contracts and hole becomes larger than the piece. This option can also help us. III. If we decrease the temperatures of the plate and circular piece, hole and circular piece contract in same size. This process can also help us. Volume Expansion: If the objects expand in volume with the gained heat, we call this volume expansion and find it with the following formula; ∆V=V0.3ÃŽ ±. ∆T  Where; ∆V is the amount of change in the volume of the cube, V0 is the initial volume of the cube, 3ÃŽ ± is the coefficient of volume expansion and ∆T is the change in the temperature of the matter. volume expansion Heat Temperature and Thermal Expansion Exams and Solutions  Phase Transition of Water Prev Next Heat Temperature and Expansion Cheat Sheet Tags:area expansioncalculations of thermal expansionlinear expansionsamples of thermal expansionthermal contractionthermal expansion and contractionvolume expansion

Should An MNC Reduce Its Ethical Standards?

Should An MNC Reduce Its Ethical Standards? Ethical Standards are different for every country. Any business that goes international has to comply with the rules and regulation of that country in context to the norms of the business laws. This is where the need of ethics comes into picture where an MNC has to decide whether to follow its own ethics while continuing its business activities or to unethically compete with other business within the country. In order to arrive to a decision what a company should do we should first know the meanings of few terminologies as discussed below. What is the definition of MNC? MNC is a company which has expanded internationally with a reason to grow. MNC is built to achieve maximum wealth for the share holders. There are three key theories which justify existence of an MNC. Comparative advantage: Each country should use its comparative advantage to specialize in its production. It should also rely on other countries to meet other needs. Imperfect markets MNC should make use of the resources in imperfect market to specialize in their products. Imperfect markets make the factors of production immobile and it is the main cause of encouragement for the countries to specialize. The Product cycle Every MNC has a home country and the product cycle suggests that it should expand to foreign countries. MNC will not have any problem it its management is tempted to achieve the goal of maximizing the wealth of share holders, not of their own. MNC and International Competence International trade is the most common method by which firms conduct international business. Other methods are licensing, franchising, joint ventures, acquisitions of foreign firms, and formation of foreign subsidiaries. Each method has its margin of profit and needs little or more capital investment. For example, licensing and franchising require little capital investment but distribute some of the profit to other parties. While, acquisitions of foreign firms and formation of foreign subsidiaries require substantial capital investments but offer the potential for large returns. Ethical Standards and International Competence An MNC should reduce its Ethical Standards to compete internationally. The main reason being every foreign country has a different ethical standards and an MNC which does not reduce its own Ethical Standard in that county, those activities and standards will be viewed in an unethical way. This is a biggest disadvantage to an MNC and it will not be able to compete in that country. As discussed earlier, the MNCs expand internationally to grow, to maintain and earn profit, maximize wealth of the share holders. If it maintains a standard code of ethics according to the foreign country, it will be able to achieve these goals. If it is stuck to its own standard code of Ethics of the Home Country, then they will fail and diminish. If an MNC reduces it Ethical standards, then this will help it in unfavorable economic conditions of a particular country. It will also help it to stay afloat when the cash flow is affected and returns are decreased. The valuation model of the MNC shows that the MNC valuation is favorably affected when its foreign cash flows increase, the currencies dominating those cash inflows increase, or the MNCs equivalent rate of return decreases. Certain political conditions, pressure from upper management affect the valuation of an MNC. Below are other factors which play part for an MNC to grow internationally. Problems due to malfunction in management Exchange Rate movements Risks of investments in foreign companies Political Risks of a country Centralized or De-centralized approach in decision making Global Competition Joint Venture restrictions and limitations Impact of Global warming, terrorism and natural calamities Uncertainties in the market Let go deep down on each of the factors and find out how to reduce ethical standards in international competence. Agency Problems The main goal of any MNC is to strengthen the wealth of Share holders. If managers start fulfilling their own interests instead of those share holders then the MNC will be in trouble. The Ethical Standard should be able to balance the growth of management and public. Exchange Rate Movements A U.S. based firm operating in Asia and/or Europe has to balance its capital according to its sales and production in foreign country. The inflow and outflow of the cash and capital is affected by Exchange Rate decrease and increase. It is also a deciding factor for investment in the foreign countries. MNC should pay attention and be up to date with FOREX. Agency costs are larger for MNC than a domestic firm. Imperfect Markets If perfect market exists, then wages, prices, and interest rates will be similar for the countries. There will not be any major competitive areas of products. But, the markets are imperfect and that tend to increase subsidiaries in the foreign countries. International Opportunities Another factor of growth for an MNC is to buy foreign firms with similar interest, area and product. Licensing will also help grow the MNC. With a smaller investment or buying a stake in established company venture, gives opportunity to grow in foreign market. Internet Now a days wide use of Internet is one of the major factors for any MNC to be recognized globally. Marketing, advertising, blogs and networking are the key usages of internet. Internet will result in more international business and MNC is touching the World Wide Web. Risks There are various risks involved in investment, buying, licensing of foreign firms. Political risks also affect equally. Exchange rate movements, currency depreciation, stock market also affect the growth of the MNC. Every business has many types of risks, but overcoming them by finding alternatives in other areas is the way to go. Joint Venture Joint venture is a bigger factor of growth for an MNC. A major production company in one country can have a joint venture with a biggest supplier of the same or alike product in another country. Both of them can utilize the supply channels and monetary requirements and can grow together. A largest wine making company in U.S. can have a joint venture with a largest brewery in China. The U.S. company can leverage the brewerys established channels and distribute wine in a big number throughout the country. It can utilize brewery of Chinese company, make wine and sell it locally. In addition, the U.S. company provides information to the brewery about the wine market of U.S. Thus, joint venture enables growth of MNC in international business and competence. Global Competition An MNC having a standardized product in the market has to compete more internationally, because the product valuation, pricing, distribution and specifications are same all over the globe. That MNC should add more to its product categories or line of products to win the competition. It can also provide attractive benefits to firms and pricing or discounts to customers. Valuation of an MNC All the factors we discussed above can affect either positively or negatively to the value of an MNC. A U.S. based MNCs value can be declined due to political risk in the foreign country even though its cash flow is intact. Similarly, An Indian firms value will be increased due to demand and supply in the foreign country and exchange rate movements. In this case, its valuation depends on four factors: Expected cash flows in Rupees: This is the outward cash flows from the company to meet the needs of the foreign markets demand. It needs to flow the cash within itself to employ more people, buy more machinery for production and more logistics Expected cash flows in Dollars that are ultimately converted into Rupees This is inward cash flows as orders, profits and investments from the foreign country This also includes selling of any part of the company to foreign buyers The rate at which it can convert into Rupees This is FOREX, currency remittances which will be fluctuating according to global market Its weighted average cost of capital This includes acquisitions, mergers, sold-bought assets and stock values Wise things can be done to increase the value of the MNC, to sustain in the international competition. One of them would be to sell of a part of the foreign venture which is riskier. Other would be to buy licensing of the foreign firm which has same or lesser risk. MNC should be reducing its ethical standards on supply chain management as well. It can distribute its small amount of product or logistics thru a cheaper medium in foreign country rather than being responsible on itself. Markets with standardized currencies, like Euros, are a good choice in regards to this. A U.S. MNC can import a smaller amount of supply from a German company with lower rates in Euros and discontinue relations with U.S. supplier. Expansion in International Business An MNC which manufactures auto parts at competitive rates and provides little lesser wages to its employees can guarantee job security to them. But, it should also think of expansion to cheap manufacturing foreign countries. Let us discuss some factors on why to expand: The MNC should select the foreign country wisely, taking local competition in that country, production of the same auto parts in that country and general wages structure of that country. It is completely smart to expand in the country if there is not much competition in manufacturing parts and employing cheap labor. This is competitive advantage. The MNC can leverage the imperfect market theory here. It cannot export the labor from its home country, but can establish a subsidiary in the foreign country and meet it needs. With a strong establishment in the home country for the parts it manufactures, the MNC can easily expand and sustain in the foreign country. This is product cycle theory. The MNC must choose the low currency country to expand as it can build a strong base in the foreign country. E.g. Dollar-Peso, Euro-Dollar, Dollar-Rs. It will be the best time to expand when the currency of the foreign country is weakened. This way it can exchange more amounts in foreign currency and invest more. This can also create an Exchange Rate movement risk. The political risk is also involved in expansion as to how stable are the political conditions of the foreign country to grow with. The MNC can hire a consultant to decide whether it should expand or not and the consultant will look into above major factors when trying to give them the answer. Time and Uncertainties It has been observed that the US currency has weakened in the past few years with comparison to Australia, Mexico, etc. An MNC expanding its business in foreign countries can be affected by the foreign investors decisions because of these uncertainties. For example, Googleâ„ ¢ is expanding its services to China, African countries, Australia, etc. It has cash outflows associated with the creation, marketing, resources and administration of each of its services. It also generated cash inflows from selling space on its websites, advertising and media related applications. Each application has its own flow in different currency. Thus, the valuation of Googleâ„ ¢ is based on its conversion of each countrys currency to the Dollars. And if the investors see that the Dollar is weakening day by day, they can change their mind to other application providers on the web. Valuation of the MNC is affected by these factors. Conclusion An MNC has to reduce its ethical standards based on the above factors in various ways. This includes its employer-employee relationships, venture relationships, political and economical relationships and various local conditions of the home as well as the foreign country. When a U.S. based MNC competes in some countries, it may encounter some business norms there that are not allowed in the United States. When competing with a Government contract, firms might provide payoffs to the government officials who will make the decision. Yet, in the United States, a firm will sometimes take a client on an expensive golf outing or provide skybox tickets to events. This is no different than a payoff. If the payoffs are bigger in some of the foreign countries, then MNC can compete by matching the payoff provided by its competitors. Thus, reducing ethical standards on major factors, the MNC can sustain in international competition.

McDonalds Corporation Essay -- GCSE Business Marketing BTEC Coursewor

Advertising Advertising is a highly specialised area of marketing. It includes researching and developing television and radio commercials and print advertisements, as well as the planning and execution of buying media. McDonald's advertising focuses on two key areas: 1. Promotional advertising 2. Brand advertising Promotional Advertising Promotional advertising gives people a new reason to visit McDonald's or to try McDonald's for the first time. McDonald's Marketing researches, designs, plans and implements great new offers such as novelty burgers, games, premiums and Happy Meals which offer great value and new taste sensations. Brand Advertising Brand advertising promotes and enhances the personality of our brand and builds a relationship with our customers. Brand advertising doesn't simply sell food or products. It reflects the ways our different customers experience McDonald's. Our promotional and brand advertising are designed to complement each other and keep McDonald's at the top of our customers' minds. Public relations Public relations programs keep our customers informed about a wide range of McDonald's-related issues. We achieve this by working with the media to communicate McDonald's position on a range of topics including employment, the environment, nutrition, education and training. We also work with the media to educate people about developments within McDonald's, ranging from new store openings to the addition of a Playland at a local restaurant or an outstanding young crew person receiving an award. Giving something back to the community is not only good public relations but good business. Our public relations programs also provide opportunities to develop positive relationships with schools, community groups, recreational centres, businesses and all types of special interest groups. Public relations not only means making sure the public knows what's going on, but also ensuring everyone within McDonald's is aware of developments in the company. Internal communication with all McDonald's employees is therefore a major part of our public relations programs. Effective and innovative marketing has positioned and secured McDonald's leadership in the quick service restaurant industry. In order to maintain that position we ensure that every restaurant in our system is involved with... ...mpany will launch a new advertising campaign, "We love to see you smile." The campaign, developed by DDB Chicago, brings to life the customer-focused initiatives being implemented at McDonald's nationwide. Several of the commercials feature actual McDonald's restaurant crew employees to give customers a perspective from the people who work at McDonald's everyday. Additionally, Hispanic and African-American advertising was created and developed by del Rivero Messianu in Miami and Burrell Advertising in Chicago, respectively. Spots begin airing nationally on June 30. "This campaign was created in a spirit of unprecedented collaboration with our owner/operators and our agencies," said Larry Zwain, senior vice president of marketing for McDonald's USA. "Our goal was to create ads in the tradition of the best McDonald's advertising and capture the energy and excitement that embodies McDonald's today." McDonald's is the world's largest and best-known global food service retailer, with more than 27,000 restaurants serving more than 43 million people a day in 119 countries. Approximately 80 percent of McDonald's global restaurants are owned and operated by independent franchisees.

Different Groups of Teachers

Teaching is an important profession. â€Å"We will always need teachers. † (Waln) This is why I am interested in the career of secondary education. To be there to teach the upcoming generations and those that will be following behind us. It is important that we continue to teach the children so that they will be able to take over as the leaders of our country. Teachers are divided into different groups. The first group is the Elementary Teachers. Elementary Teachers usually teach one class of children at a certain grade level. These teachers teach all of the subject areas. Therefore they need to be knowledgeable in all subject areas. The next group of teachers is the Secondary Education Teachers. Secondary Education Teachers usually teach five or six classes of students a day, however, they only teach one subject area. Having the teacher teach in one subject area and not many different areas allows the teacher to learn more about that area and this allows the students to learn more in depth about the subject. The last group of teachers is the Special Education Teachers. These teachers work with both Elementary and Secondary students. They help the students in all subject areas, but mainly in Math and Language Arts. Special Education Teachers also work with students that have disabilities ranging from mild to severe. The group of teachers that I would like to be in is the Secondary Education group. I am interested in teaching Business. The working conditions of teachers varies depending on where they are employed. Most districts have a schedule where the teachers teach for nine months and have three months off in the summer. In other districts, teachers teach all year around with a schedule of working eight weeks and then having a week off. They would also have a five week mid-winter break. In most states there is a Tenure Law. The Tenure Law prevents teachers from being fired without just cause and due process. Teachers normally have to teach in one district for three years before they gain tenure. Teachers usually put in more than forty hours a week. Along with the teaching time in the classroom, teachers put in many hours after class and at home doing correcting and lesson plans. Teachers also put in a lot of time with different committee meetings and staff meetings that they need to attend. Some teachers can feel isolated from their colleagues at work. This comes from being in a classroom of students all day and not really getting a chance to see anyone else in the building. There are some schools, however, where the environment is very informal. In these schools, teachers get a chance to see and talk to other teachers throughout the day. This helps to build the morale of the teachers. Teachers also work with students from many different backgrounds and cultures. Teachers need to be aware of these backgrounds and cultures so they can better help the students. A person needs to be licensed to certified to be a teacher unless he/she works for a private school. The license or certification is usually granted by the State Board of Instruction or the Office of Public Instruction. Certification for teachers is from K-8 for Elementary and 6-12 Secondary. Requirements for certification vary from state to state. The one requirement that all states require is that teachers have a Bachelor†s Degree and the completion of an approved teacher training program. The outlook for teachers varies by geographic area and subject specialty. The overall employment is expected to increase for all occupations through the year 2008. The funding of the school by the state is another factor on the teacher job growth. Teacher†s wages range from $19,710 to $70,030 a year. The average starting salary for a teacher with a Bachelor†s Degree and no experience is $25,700. The average wage for teachers is $39,300 a year. Private school teachers usually get paid less than public school teachers. In many schools, teachers receive extra pay for coaching sports or working with extra-curricular activities and clubs. Teachers earn extra money by working during the summer at other jobs. The teaching profession is an important profession. The world will always need teachers to teach it†s children. Teachers need to go through a training program which usually consists of four years in college and doing student teaching. Teachers need to be certified by the state in which they are teaching in. Teachers can make a lot money or not so much money depending on what geographic area they are in. Teachers, however, do not go into teaching for the money. Teacher become teachers because they like working with children and they like watching the children grow and learn.

Data Case

Group Project Berk DeMarzo Data Case chapter 10 1. Collect price information for each stock from Yahoo! Finance Professor has provided it for us. The specific data of question 2-4 is in the appendix. We only include the functions and simple answers below every question. 2. Return=(P2-P1)/P1 3. mean monthly returns, standard deviations for the monthly returns and annual statistics Ticker| AAPL| ADM| BA| C| CAT| DE| HSY| MOT| PG| SIRI| WMT| YHOO| Mean| 8. 39%| 3. 70%| 2. 68%| -0. 26%| 2. 87%| 3. 40%| 0. 43%| 0. 48%| 1. 25%| 3. 34%| 0. 69%| 2. 22%| SD| 0. 1584| 0. 1050| 0. 0697| 0. 0709| 0. 0742| 0. 0867| 0. 0491| 0. 934| 0. 0455| 0. 1963| 0. 0477| 0. 1299| Annual Mean| 1. 0068| 0. 4444| 0. 3215| -0. 0315| 0. 3444| 0. 4077| 0. 0519| 0. 0576| 0. 1505| 0. 4010| 0. 0827| 0. 2660| Annual SD| 0. 5489| 0. 3638| 0. 2414| 0. 2457| 0. 2569| 0. 3002| 0. 1702| 0. 3236| 0. 1577| 0. 6800| 0. 1654| 0. 4499| 4. Monthly return to an equally weighted portfolio of these 12 stocks. The mean and standard d eviation of monthly returns for the equally weighted portfolio. | Mean| Mean| 0. 0389| Standard Deviation| 0. 0925| Annual Mean| 0. 4671| Annual SD| 0. 3204| 5. Standard deviation (volatility) on the x-axis and average return on the y-axis Solution: 6.What do you notice about the volatilities of the individual stocks, compared to the volatility of the equally weighted portfolio? Solution: The volatilities of the individual stocks are mostly bigger than the volatility of the equally weighted portfolio that implies the portfolio tends to have more stability and less risk than the individual stocks themselves. Appendix Date| AAPL return| ADM return| BA return| C return| CAT return| DE return| HSY return| MOT return| PG return| SIRI return| WMT return| YHOO return| Mean| Apr-03| 26. 30| 8. 63| 13. 06| 5. 02| -0. 88| -0. 82| 9. 48| 7. 79| 2. 19| 116. 22| -6. 57| 20. 42| 16. 4| May-03| 6. 12| 7. 49| 11. 92| 4. 35| 6. 74| 5. 17| -2. 03| 11. 19| -2. 87| 5. 62| 2. 17| 9. 58| 5. 45| Jun-03| 1 0. 60| 2. 06| -3. 50| 5. 47| 21. 96| 11. 07| 4. 52| -4. 20| -0. 96| 5. 33| 4. 17| -4. 83| 4. 31| Jul-03| 7. 31| 6. 07| 13. 45| -3. 23| 6. 45| 11. 29| -3. 46| 18. 75| -0. 65| -5. 62| 5. 85| 7. 26| 5. 29| Aug-03| -8. 40| -5. 48| -8. 18| 4. 98| -4. 16| -5. 25| 3. 98| 11. 76| 6. 32| 8. 33| -5. 62| 5. 99| 0. 36| Sep-03| 10. 42| 9. 41| 12. 12| 4. 94| 6. 96| 13. 69| 6. 09| 13. 23| 6. 42| 29. 12| 5. 71| 23. 52| 11. 80| Oct-03| -8. 65| 0. 00| 0. 18| -0. 78| 3. 77| 1. 00| 1. 29| 3. 81| -2. 10| -11. 49| -5. 61| -1. 60| -1. 8| Nov-03| 2. 30| 6. 53| 9. 79| 3. 21| 9. 18| 6. 62| -0. 92| 0. 00| 3. 78| 51. 92| -4. 49| 4. 70| 7. 72| Dec-03| 5. 52| 2. 88| -0. 94| 2. 76| -5. 46| -3. 77| -1. 92| 18. 41| 1. 67| -14. 56| 1. 50| 4. 35| 0. 87| Jan-04| 6. 03| 10. 37| 4. 28| 1. 59| -3. 05| 2. 60| 10. 30| 11. 30| 1. 42| 8. 89| 10. 60| -5. 62| 4. 89| Feb-04| 13. 04| -1. 97| -5. 30| 2. 86| 4. 39| 8. 37| -0. 06| -4. 40| 2. 31| 15. 65| 0. 44| 9. 34| 3. 72| Mar-04| -4. 66| 4. 08| 3. 95| -6. 20| -1. 25| -1. 83| 7. 2 9| 3. 72| 1. 35| -2. 94| -4. 50| 4. 21| 0. 27| Apr-04| 8. 84| -4. 85| 7. 79| -3. 45| -3. 05| -3. 46| 0. 26| 8. 28| 1. 93| -9. 09| -2. 01| 21. 38| 1. 8| May-04| 15. 97| 0. 92| 11. 54| 0. 13| 5. 42| 7. 21| 4. 30| -7. 47| 0. 97| 2. 67| -5. 78| 18. 72| 4. 55| Jun-04| -0. 61| -8. 04| -0. 66| -4. 30| -7. 01| -10. 44| 4. 69| -12. 76| -3. 75| -18. 51| 0. 95| -15. 38| -6. 32| Jul-04| 6. 68| 3. 95| 3. 32| 5. 64| -1. 08| 0. 70| 0. 14| 1. 42| 7. 31| -7. 57| -0. 39| -7. 44| 1. 06| Aug-04| 12. 35| 6. 37| -1. 16| -5. 29| 10. 65| 2. 52| -3. 25| 11. 99| -3. 31| 37. 93| 0. 99| 18. 94| 7. 39| Sep-04| 35. 19| 14. 02| -3. 33| 1. 51| 0. 62| -7. 41| 8. 50| -4. 34| -4. 98| 21. 88| 1. 37| 6. 72| 5. 81| Oct-04| 27. 98| 9. 89| 7. 77| 0. 86| 13. 69| 19. 98| 2. 63| 11. 61| 4. 50| 70. 00| -3. 46| 3. 5| 14. 12| Nov-04| -3. 97| 5. 24| -3. 35| 7. 65| 6. 51| 4. 12| 7. 24| -0. 06| 2. 98| 14. 93| 1. 71| 0. 16| 3. 60| Dec-04| 19. 41| 8. 46| -2. 28| 1. 81| -8. 22| -6. 67| 5. 30| -8. 50| -2. 92| -13. 12| -0. 78| -6. 56| -1. 17| Jan-05| 16. 67| -0. 09| 9. 15| -1. 85| 6. 66| 2. 40| 8. 10| -0. 47| -0. 27| -15. 86| -1. 51| -8. 35| 1. 22| Feb-05| -7. 11| 2. 01| 6. 35| -5. 82| -3. 79| -5. 16| -4. 03| -4. 19| -0. 17| 0. 90| -2. 62| 5. 05| -1. 55| Mar-05| -13. 46| -26. 80| 1. 82| 5. 49| -3. 27| -6. 84| 5. 69| 2. 47| 2. 70| -15. 30| -5. 93| 1. 77| -4. 31| Apr-05| 10. 26| 10. 81| 7. 80| 0. 30| 6. 89| 5. 77| 0. 81| 13. 29| 1. 85| 26. 26| 0. 0| 7. 83| 7. 70| May-05| -7. 42| 7. 71| 3. 28| -1. 85| 1. 28| -0. 53| -3. 28| 5. 35| -4. 36| 7. 82| 2. 05| -6. 85| 0. 27| Jun-05| 15. 87| 7. 31| 0. 02| -4. 98| 13. 64| 12. 29| 2. 84| 15. 98| 6. 01| 5. 25| 2. 39| -3. 78| 6. 07| Jul-05| 9. 94| -1. 49| 1. 91| 0. 62| 2. 93| -11. 09| -7. 10| 3. 28| -0. 26| 0. 88| -8. 62| -0. 06| -0. 76| Aug-05| 14. 33| 9. 56| 1. 39| 4. 01| 5. 88| -5. 92| -4. 72| 0. 87| 7. 16| -4. 94| -2. 53| 1. 56| 2. 22| Sep-05| 7. 42| -1. 17| -4. 87| 0. 56| -10. 09| -0. 85| 0. 94| 0. 57| -5. 36| -4. 74| 7. 96| 9. 25| -0. 03| Oct-05| 17. 76| -2. 93| 5. 88| 7. 09| 9. 87| 14. 30| -4. 16| 8. 74| 2. 14| 14. 77| 2. 5| 8. 82| 7. 08| Nov-05| 6. 00| 4. 59| 3. 02| -0. 05| -0. 02| -1. 25| 1. 89| -6. 07| 1. 21| -6. 29| -3. 34| -2. 61| -0. 24| Dec-05| 5. 04| 27. 73| -2. 76| -4. 01| 18. 01| 5. 37| -7. 33| 0. 51| 2. 82| -15. 37| -1. 46| -12. 25| 1. 36| Jan-06| -9. 30| 1. 05| 6. 86| 0. 62| 7. 63| 6. 30| 0. 37| -5. 74| 1. 18| -9. 88| -1. 65| -6. 75| -0. 78| Feb-06| -8. 42| 6. 07| 7. 22| 1. 84| -1. 74| 4. 15| 2. 11| 7. 26| -3. 84| -0. 78| 4. 55| 0. 62| 1. 59| Mar-06| 12. 23| 7. 99| 7. 08| 6. 85| 5. 80| 11. 05| 2. 13| -6. 82| 1. 58| -7. 69| -4. 69| 1. 61| 3. 09| Apr-06| -15. 09| 14. 65| 0. 10| -1. 29| -3. 68| -2. 49| 7. 16| -1. 23| -6. 81| -3. 85| 7. 8| -3. 63| -0. 68| May-06| -4. 18| -0. 69| -1. 62| -2. 13| 2. 10| -1. 98| -3. 22| -4. 22| 2. 49| 5. 56| -0. 57| 4. 46| -0. 33| Jun-06| 18. 67| 6. 57| -5. 48| 0. 12| -4. 44| -13. 09| -0. 18| 12. 97| 1. 65| -11. 58| -7. 63| -17. 76| -1. 68| Jul-06| -0. 16| -6. 19| -2. 88| 3. 20| -6. 37| 7. 63| -1. 35| 2. 71| 10 . 14| -2. 86| 0. 88| 6. 23| 0. 92| Aug-06| 13. 46| -7. 98| 5. 28| 0. 63| -0. 83| 7. 94| -0. 94| 7. 16| 0. 14| -3. 92| 10. 29| -12. 31| 1. 58| Sep-06| 5. 33| 1. 61| 1. 28| 0. 99| -7. 33| 1. 47| -1. 03| -7. 76| 2. 78| -2. 30| -0. 09| 4. 19| -0. 07| Oct-06| 13. 05| -8. 57| 11. 25| -0. 16| 2. 18| 12. 75| 0. 64| -3. 85| -0. 5| 11. 23| -6. 46| 2. 54| 2. 80| Nov-06| -7. 44| -8. 95| 0. 35| 12. 31| -1. 14| -0. 51| -5. 99| -7. 06| 2. 37| -16. 90| 0. 55| -5. 44| -3. 15| Dec-06| 1. 05| 0. 13| 0. 80| -1. 01| 5. 00| 5. 48| 2. 48| -3. 44| 1. 41| 4. 24| 3. 26| 10. 85| 2. 52| Jan-07| -1. 31| 7. 68| -2. 19| -7. 72| 0. 56| 7. 98| 4. 18| -6. 71| -2. 13| -1. 08| 1. 30| 9. 01| 0. 80| Feb-07| 9. 81| 6. 86| 1. 90| 1. 91| 4. 03| 0. 74| 3. 31| -4. 33| -0. 51| -12. 33| -2. 36| 1. 39| 0. 87| Mar-07| 7. 42| 5. 45| 4. 61| 4. 44| 8. 82| 0. 70| 0. 56| -1. 94| 2. 51| -7. 50| 2. 08| -10. 39| 1. 40| Apr-07| 21. 43| -9. 17| 8. 56| 2. 66| 8. 21| 10. 13| -3. 61| 4. 97| -1. 1| -1. 01| -0. 22| 2. 35| 3. 58| May-07| 0. 70| -5. 57| -4. 41| -5. 87| -0. 36| 0. 58| -3. 95| -2. 40| -3. 71| 3. 07| 1. 08| -5. 47| -2. 19| Jun-07| 7. 96| 1. 55| 7. 56| -9. 22| 1. 06| -0. 26| -8. 94| -4. 04| 1. 66| -0. 33| -4. 49| -14. 30| -1. 82| Jul-07| 5. 10| 0. 65| -6. 19| 1. 84| -3. 84| 12. 99| 1. 53| -0. 24| 5. 58| -1. 33| -4. 57| -2. 24| 0. 77| Aug-07| 10. 82| -1. 85| 8. 57| -0. 43| 3. 51| 9. 47| -0. 19| 9. 65| 7. 70| 17. 51| 0. 05| 18. 08| 6. 91| Sep-07| 23. 77| 8. 18| -6. 10| -10. 22| -4. 42| 4. 36| -7. 12| 1. 39| -0. 68| -3. 72| 3. 57| 15. 87| 2. 07| Oct-07| -4. 07| 1. 89| -5. 80| -19. 49| -3. 63| 10. 91| -6. 1| -15. 00| 6. 44| 13. 99| 5. 95| -13. 79| -2. 44| Nov-07| 8. 70| 27. 73| -5. 48| -11. 59| 0. 91| 8. 70| -1. 28| 0. 78| -0. 77| -20. 89| -0. 33| -13. 24| -0. 56| Dec-07| -31. 66| -5. 27| -4. 90| -3. 20| -1. 61| -5. 97| -8. 19| -28. 29| -10. 46| 5. 61| 6. 75| -17. 54| -8. 73| Jan-08| -7. 64| 2. 85| 0. 03| -15. 85| 1. 89| -2. 69| 3. 34| -13. 33| 1. 17| -11. 25| -2. 26| 44. 84| 0. 09| Feb-08| 14. 78| -8. 73| -10. 17 | -9. 66| 8. 24| -5. 30| 1. 60| -6. 30| 5. 87| 0. 70| 6. 74| 4. 14| 0. 16| Mar-08| 21. 22| 7. 06| 14. 10| 17. 97| 5. 06| 4. 51| -0. 79| 7. 16| -3. 76| -10. 14| 10. 06| -5. 25| 5. 60| Apr-08| | | | | | | | | | | | | |Mean| 6. 16| 2. 80| 2. 23| -0. 22| 2. 26| 2. 65| 0. 50| 1. 05| 0. 91| 3. 86| 0. 26| 1. 94| 0. 0203 | Standard Deviation| 0. 118500359| 0. 084954962| 0. 061336785| 0. 061929002| 0. 064312603| 0. 070978888| 0. 046175086| 0. 088335566| 0. 038977677| 0. 220687247| 0. 045999568| 0. 114508009| 0. 0437 | Annual Mean| 0. 7386| 0. 33654| 0. 26758| -0. 02684| 0. 27156| 0. 31746| 0. 05988| 0. 12642| 0. 10964| 0. 46308| 0. 03112| 0. 23252| 0. 2440 | Annual SD| 0. 410497285| 0. 294292621| 0. 212476856| 0. 214528357| 0. 222785393| 0. 24587808| 0. 159955189| 0. 306003375| 0. 135022634| 0. 764483048| 0. 159347179| 0. 39666738| 0. 1514 |