Affirmative Action Essays - Social Inequality, Discrimination

Governmental policy regarding minorities in society Essays - Social Inequality, Discrimination Governmental policy regarding minorities in society Rewarding individuals diversely in view of the shade of their skin used to be called segregation, yet today it?s called governmental policy regarding minorities in society (Amselle 177). Governmental policy regarding minorities in society today, is viewed as one of the most disputable quandary confronting our equivalent status of individual rights. As we as a whole know, governmental policy regarding minorities in society was executed with the thought and trust that America would at last become really equivalent. Up until now, it has gone on for a long time and had not unraveled any of our present issues concerning equivalent rights ? it compounded the situation. It was made with the goal of utilizing reverse segregation to take care of the issue of separation. In that, minority gatherings are being picked over the capabilities of different laborers. This aim makes a standard of issues. Some think that its extremely unjustifiable in utilizing its practices, some think that its exceptionally accommodating. The bit of the gathering that remains with governmental policy regarding minorities in society, are generally in a circumstance where they really profited by it. They have their reasons regarding why they bolster the activity. In light of the overall population with respect to why they recognize governmental policy regarding minorities in society is generally based of the way that it builds up a circumstance where equivalent open door is disseminated among minorities for employments. Preceding governmental policy regarding minorities in society ? city, state, and government occupations were totally cut off to minorities and ladies. In our present day, minorities and ladies have increased an enormous increment in the use of occupations in those work environments. In contrast to the prior days governmental policy regarding minorities in society, where opening for work was for the most part given to the Americans, presently occupations are being given to minorities and ladies because of the portion framework. Assume that a American male and a minority (Hispanic, Afro-American, lady, and so on.) are going after a similar position, the American male is considerably more qualified than the minority, there! front, consistently, the American ought to be employed. Because of the portion framework, the organization, so as to meet that share, must recruit the minority. Which is to improve things, in light of the fact that, in that sense, were are gradually making a few headways in tackling the issue of racial disparity in America?s working environment. Governmental policy regarding minorities in society is likewise exceptionally powerful in the instructive framework. Minority understudies who previously never got an opportunity in being acknowledged into a respectable school, are presently being acknowledged. They are given the opportunity to demonstrate that, with the assistance of governmental policy regarding minorities in society, they could, thus, get more instruction and end up with a not too bad employment in the wake of graduating. All expectations are to end prejudice in school grounds, to have decent variety between understudies. The constitution says that we the individuals of the United States of America are totally made equivalent. Accordingly, since that we are for the most part equivalent, shouldn?t we as a whole have a similar open door as every other person. Equivalent open door is accomplished when individuals of settle for the easiest option in life are offered opportunities to prevail throughout everyday life. To begin to accomplish a superior life, one must have legitimate training, since instruction is the way in to our future. Along these lines, however training, minorities must be allowed to get a decent beginning at making sure about their future. Pundits of governmental policy regarding minorities in society contend that this portion is out of line. White guys are being compelled to pay a value that their progenitors have fouled up previously. Intentionally that it was quite a while prior, and that now, it is a first light of another period. White guys ought not be given this weight of something that their precursors have done. While the minorities appreciate the advantages, for example, occupations and training. Particularly, to offer kindness to guys or to females, to whites, to blacks or to people of any shading in view of their sex or shading is ethically off-base in light of the fact that doing so is characteristically uncalled for. Shading, nationality, sex are not credits that qualifies anybody for more (or less) of the beneficial thing of life, or to any unique kindness (or disapproval). When in the past whites or guys received such inclination that was profoundly wrong; it is no less off-base when the hues or genders are switched. (Cohen 183) In the work environment, pundits contend that as a result of governmental policy regarding minorities in society, presently they are being dealt with inconsistent. Occupations in which they are bound to prevail in are,

Study and Overview of Multinational Banking

Study and Overview of Multinational Banking Presentation: Banks have consistently been a subject of incredible conversation just as extraordinary significance. The Banks have been a basic piece of the entire economy of the nation and subsequently increase the value of its reality. In any case, the past recommends that the banks have broken their household shackles and entered various markets in outside nations. Worldwide banking has then developed as one the most significant and greatest industry on the planet. This was essentially a direct result of the evaluations made by bank the executives on the development and benefits related with globalization. In the present situation, pretty much every bank internationalizes its activity at some point or another and subsequently makes it significantly progressively imperative to comprehend the related ideas in globalization arrangement. The examination is to propose a very much investigated depiction of its determinants and dangers related with it. A further accentuation is given with respect to t he dangers of worldwide banking as the previous decades have encountered a great deal of banking emergencies which many see as an unfriendly impact made by broadening of banks. Studies in the past have more been on the FDI made by Multinational partnerships in exchange industry anyway less has been expounded on FDI in banking industry despite the fact that they have been in a dead heat with different ventures as far as globalization with banks, for example, HSBC, ICICI, JP Morgan, Citibank, Royal Bank of Scotland and Barclays traveling the way. The gigantic financial industry makes it hard to direct a total investigation of every one of its viewpoints and subsequently the key parts of its globalization have been thought of and looked into. The inclusion of the creator in an exploration identified with the investigation of worldwide banking is caused on account of the accompanying reasons: Right off the bat, banking industry has been a key segment in the economy of any nation and the accomplishment of a nation has now and again likewise relied upon the working of its banks. Also, the creator has colossal enthusiasm for the financial field and has consistently been interested by the exercises and activities of banks over the globe. Finally, the individual premiums of the creator in the globalization field as how and when have firms entered outside business sectors. Thus, the examination of crosscountry banking industry has made the investigation extremely engaging The essential goal of this examination is to explore and feature the determinants for the development of global banks and to build up an incorporated way to deal with clarify the marvel of multi nationalization of the financial business. Likewise, to complicated the hazard related with multi nationalizing of banking tasks. The essential thought hidden the examination is the way that the greater part of the exploration and coming about theory are bound to assembling and extractive ventures. For sure, absence of experimental examinations on global banking was likewise featured by Aliber (1984) in the main overview of the writing regarding this matter. Coming up next are the particular inquiries that have been managed and clarified in the exploration study: What are the key determinants behind a bank picking globalization of its exercises? For what reason do a few banks and not others receive this approach? For what reason is outside as opposed to household activity profitable in serving remote markets? What are the dangers related with globalizing of banking exercises? What are the key contemplations as far as which have nation to put and globalize exercises in? The examination procedure, structure and approach give the peruser an inside and out view into the system of the exploration procedure embraced for this investigation. A different area has been made called Research Methodology which investigations all the different strategies utilized in the examination, for example, an exploration structure, distinction between the different kinds of research and the ethod received. Likewise, it features the example utilized for directing the essential research and furthermore the examination technique received to gather the essential information. The essential information to brief it up has been gathered through a subjective top to bottom meeting covering an example of five administration level interviewees from banks of UK too . This section starts of with the noteworthiness of the initiation of the investigation featuring the key purposes for the choice of the subject and incorporates a foundation to the examination just as the individual premiums of the specialist which further inspired the particular research. Likewise, the section sets out the points and goals of the exploration with a concise prologue to all parts remembered for the investigation. This section has been additionally separated into two parts. Section 2A weights on the global financial industry in general and sets out the definitions and the key qualities of universal banking. Additionally, it features the different passage technique alternatives accessible to a bank in entering explicit remote markets. Section 2B then underscores on the development of this industry and purposes for its upheaval. Determinants and dangers related with worldwide banking are examined in the following area. The part finishes with a schematic calculated model created by the specialist to diagrammatically clarify the worldwide financial marvel. This part has been set up to offer understanding to the manner in which the entire research has been directed. The section starts of with a methodology of receiving the type of research plan and afterward follows an example of talking about, separating and choosing among the different choices accessible in leading the examination, for example, subjective or quantitative, essential or auxiliary, survey or meeting. The section at that point sets out the troubles looked by the analyst in his exploration. Prior to this section, the examination has been fundamentally been identified with gathering optional information from writing assets and essential information from the example chose for the overview. In any case, this section manages the investigation and understandings of the gathered information. Subsequently, the part turns out to be considerably progressively significant for the right translation of the considerable number of information gathered. This part has been isolated into a few segments placing light into all viewpoints examined in the examination technique. Additionally, this section clarifies the data gathered from the study which is then contrasted and negated and the writing. This part at that point clarifies the reasonable model appeared in the writing audit section. The section sums up the entire research process by setting out the key discoveries. It further features the appropriate responses proposed in the examination for the points and destinations laid in the presentation. The part further proposes how this investigation could be utilized in the financial field and how this exploration could be upgraded by the future scientists. To finish up the specialist communicates hardly any suggestions to the administration in the manner the globalization of banking is led in the cutting edge period. The key substance of the investigation have been set down in this section to give a thought of what the examination has been directed for. The points and targets of the exploration have been quickly clarified. Likewise, the exploration has been even more an individual enthusiasm as the investigation subject has been enthralling for the scientist. The subsequent section currently centers around the writing in the field of worldwide financial featuring the key discoveries and perspectives made by the early specialists. Writing REVIEW: Prologue to Multinational Banking This section investigates fundamentally the writing that has encircled global banking for as far back as scarcely any decades. The writing has been separated into 2 sections. The initial segment (An) investigates the worldwide business in general with an itemized clarification of its key attributes and the methods of section a bank can apply for it globalization. While, part (B) features the foundation and the development of global banking as a significant industry on the planet business followed by an investigation of its key conclusions and dangers. Idea of Multinational Banking This part stresses on the idea Multinational Banking and the different angles related with it. The part is partitioned into four segments to make it basic and clear. The part starts with the essential importance and meaning of a global bank and the sorts of worldwide banks. The second Section at that point features the key qualities of MNB. The methods of sections for a MNB are then talked about delineating the different manners by which a bank can internationalize. The part gets done with the finishing up remarks in fifth segment. Meaning of a Multinational Bank (MNB) Global banking includes the responsibility for offices in a single nation by the residents of another [Baker and Bradford (1974), Baum (1974), Lees (1974 and 1976) and Robinson (1972)]. The meaning of a MNB is dependent upon a variety of translations and is likewise utilized reciprocally with terms, for example, International Bank or Transnational Bank. Comprehensively, a global bank can be named a foundation through reporter relationship, outside direct venture or direct loaning to clients from home workplaces that connects with into crosscountry banking. In numerous occurrences, nonetheless, worldwide bank is utilized to allude to a manage an account with physical nearness outside its nation of origin through a branch, an organization, a completely or a larger part claimed auxiliary, or a bank framed by merger of at least two banks situated in various nations and not the ones with a reporter relationship or an agent office. Robinson (1972) characterized Multinational banking as wor king a bank in, and leading financial activities that get from, a wide range of nations and national frameworks. A worldwide bank can be contrasted with a global organization and can be named a monetary worldwide company as they appreciate comparative points of interest and disservices in have nation. Notwithstanding, this hypothesis must be applied to business bank that takes part in nearby financial exercises in the h

Strategic Management Essay Example | Topics and Well Written Essays - 1250 words - 2

Vital Management - Essay Example In 1998, ‘Somerfield’, a general store bunch obtained Kwik Save in an exchange worth ?473 million (Somerfield, n.d.). They had confronted enormous rivalry when super store Tesco and Sainsbury propelled their own brands. Furthermore, other two discounters Lidl and Aldi had likewise entered the retail showcase. A few stores were shut around the United Kingdom and thus the organization went under organization. They additionally offered a couple of stores to Fresh Xpress however it was likewise under organization and at last all the stores were shut. In the end, the whole of stores of Kwik Save shut in 2007 (Docstoc, 2010). Kwik Save had shut down 79 stores so as to get by in advertise. Kwik Save additionally offered its stores to Somerfield in 2006, and from that point forward more issues stimulated which brought about lay off of a few outlets, falling of deals just as providers declining to gracefully products (Earth Times, 2011). The administration of Somerfield understoo d that the viewpoint and internal look of Kwik Save stores would not fit well with the brand of Somerfield. They had distribution center style of blank wooden racking, space-sparing modest checkouts and slight way which should have been changed by Somerfield. In this way, Somerfield chose to keep up and completely remodel the 102 best stores despite the fact that the staying 248 saves repaired for conclusion (Somerfield, n.d.). ... The piece of the pie of Kwik Save chop down from 1.2 % in April 2006 to 0.2% in 2007 (Docstoc, 2010). 2.0 Causes of Strategic Problems The organization was focussing more on obtaining instead of improving the current activity. Poor speculation just as dynamic has been the prime reason for their vital business disappointment. The store was not accomplishing their objective since it was set up (White Lane, n.d.). Firm’s Strategic Positioning Kwik Save was an effective basic food item markdown market chain around the United Kingdom. They had built up the technique to offer marked item in a modest rate to draw in most extreme quantities of client. This system prompted an amalgamation of low fixed expense just as extreme focal control. This were the result of system of over 870 strategically placed and straightforward stores situated around the UK. It embraced a â€Å"no nonsense† approach for basic food item retailing. The client cash was given significance along these line s they were charged low rate for the items. Yet, in 1970s and 1980s, the passage of super stores impeded their development and they couldn't contend with those retail locations. Firm was fruitful in system situating when no other exceptionally markdown based retailers were available yet because of the rise of superstore they were abandoned. The superstores were giving significance to relaxation, comfort; energy in the store however Kwik Save with its straightforward structure, couldn't increase upper hand (Reference for Business, 2011). Firm’s Managers Analysis of the Environments of their Industry Andersen Consulting was named by the administrators of Kwik Save so as to direct ‘root-and-branch’ vital audit. Kwik Save was one of the â€Å"Britain’s number one discounter† however became

Animal Abuse Essay Topics - Easy To Remember But Important

Animal Abuse Essay Topics - Easy To Remember But ImportantIf you're looking for an essay topic that will improve your grade, consider animal abuse. While it is certainly true that some animals are pets and are better left alone, many animals are abused or neglected on a daily basis. These pets suffer through abuse, being locked in cages, tortured or killed by cruel owners. Many dog lovers would not be able to live without their pets, but most would rather let go of their animals.Animals are individuals, just like humans. They need love, care and attention just like the rest of us. And like us, animals also deserve justice, not only for what they've done to their owners, but for what they've done to humans. For the sake of all these animals, you must be prepared to write an essay on this subject.Animal abuse essays have two options; one is to write about the abuse done to your pet and the other is to write about the abuse your pet has done to you. Either choice is acceptable, but it's the choice that will greatly affect your grade.An essay on this topic is very relevant to your coursework because studies have shown that students who are intelligent are much more likely to research controversial issues in their studies. Since many students will be researching issues such as animal abuse, they will have a much easier time comprehending the material and reading and understanding the information they receive.For students who can't decide between topics about animal abuse and being abused as a child, choose the one that will make you the most uncomfortable. Most students are still going to consider themselves victims and will have a hard time deciding whether they should write an essay on their experiences with childhood abuse or another topic that is more light-hearted. You'll need to find a topic that will be appropriate for you.And remember that you don't have to stick to one animal abuse topics essay topic. Write about a different one, either for fun or to create an original essay.The easiest things to think about are animal cruelty and abuse in general. People who are smarter and who study more will always make the best students because they are more resourceful and they have more options to research. A nice combination of researching and writing can work wonders when it comes to writing an essay about animal abuse topics.

Birth Orders Effect on Personality Essay - 522 Words

Birth Orders Effect on Personality Birth-order could be one way to gain an understanding of friends, family members and co-workers. Research has shown that the birth-order indeed has an effect on personality. Birth-order of course does not explain everything about human behavior, personality is also affected by many different factors such as heritage, the environment of the upbringing, family size, education etc. There are four basic classifications of birth-order: the oldest, the only, the middle and the youngest born. Each has its own set of advantages and disadvantages. The birth-order factor is not always exact, but it does give many clues about why people are the way they are (Leman, 1985). First-born children tend to†¦show more content†¦Roosevelt (president), Leonardo da Vinci (artist), Frank Sinatra (singer), Danielle Steel (novelist). Middle-born children are usually well balanced. They are good mediators and have superior cooperation skills. They don’t have their parents all to themselve s or get their own way. Therefore, they learn to negotiate and compromise. Middle-born children often make excellent managers and leaders because of these skills. Some characteristics of the middle-born child are: flexible, diplomatic, peacemaker, generous, social, competitive. Some famous middle-born children include Bea Arthur (actress), Bob Hope (comedian), Tom Selleck (actor), Mary Decker Slaney (runner), and Princess Diana (British royalty). Youngest children in the family are typically outgoing and great at motivating other people. They are also affectionate, uncomplicated and sometimes a little absent-minded. Studies show that â€Å"babies† of the family gravitate toward vocations that are people oriented. Good sales people are often last-borns. Some characteristics of youngest-born are: risktakers, outgoing, idea people, creative, humor, question authority. Famous last-borns include Ronald Reagan (president, actor), Eddy Murphy (actor), Mary Lou Retton (gymnast), Ted Kennedy (politician), Paul Newman (actor), Kevin Leman (psychologist). Birth-order is not a simplistic 1-2-3 system that says all first-born children are equally one way, all second-born children are another and youngest-bornShow MoreRelatedBirth Order Effect On Child Development1070 Words   |  5 PagesThe Effects of Birth Order on a Child’s Development For decades, psychologists have argued the accuracy of the Birth Order Theory, the concept that the order in which children are born has lasting effects on their development. The Birth Order Theory was first introduced by a prominent psychologist named Alfred Alder who suggested that birth order has a lasting impression on one’s personality. The notion that birth order plays a role in one’s intellectual development dates back to 1874 when SirRead MoreEssay on The Effect of Birth Order on Learning and Development1225 Words   |  5 PagesThe Effect of Birth Order on Learning and Development Birth order is a topic studied by many psychologists through numerous different studies and conflicting viewpoints. In respect to the order in which children are born, psychologists have labeled specific personality traits for each child. While psychologists continue to disagree on the amount of emphasis to be placed on birth order and personality, studies have shown family size can be a determining factor in a child’s learning and developmentRead MoreBirth Order and Personality2843 Words   |  12 PagesBirth Order’s Effect on Personality Birth Order’s Effect on Personality Environment determines to some extent the personality of a person. There are numerous factors in the environment which could determine variations in the personalities of different individuals. There are factors which are inherent to the environment and there are those determined by the manner by which individuals enter into a particular environment. In much the same way, how an infant’s entrance into the world determinesRead MoreWhat Does Birth Order Affect Personality Development?2296 Words   |  10 PagesAbstract Personality development is a relatively new research area that many sociologist have devoted many studies to in trying to identify the different factors that influence an individual’s personality development. The topic of birth order is important when considering personality development. This paper attempts to show that birth order is indeed an influence in personality development. The research question that the paper seeks to answer is: â€Å"To What Extent does Birth Order affect Personality DevelopmentRead More How Sibling Relationship is affected by the Psychological and Emotional Effects of Birth Order?2052 Words   |  9 PagesIntroduction Birth Order Birth order is addressed as the arrangement of births of children in a family. The four most common positions used in the Birth Order Theory of Alfred Adler are: only child, first born, middle child and last born. Adler associated those birth order positions with different characteristics for each. He also explained that with every child that will be added to the family there will be an effect for each family member in terms of communication, tasks and duties. (CraigheadRead MoreRelevance Of Birth Order And Personality Learning Styles1954 Words   |  8 PagesMikayla Titus Sociology 312 Dr. Sabrina Danielson 14 December 2016 Relevance between Birth Order and Personality—Learning Styles Introduction The debate between whether there is a correlation between familial birth order and specific personality traits, such as intelligence, success, and social skills, has been discussed and argues since 1874, where Francis Galton started to first look at the subject. The birth order’s impact on the individual is a subject that still is questionable on whether it existRead MoreBirth Order Affects on Personality4163 Words   |  17 Pageson file for future use in plagiarism checks. | Signed: | Student No: 15241 | Topic: Does Birth Order affect on personality, choice of career, which has big influence to the workplace environment? Abstract Birth Order Affects on Personality has been a controversial topic for a long period of time. 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Answer: D Page Ref: 84 Objective: 4 AACSB: Analytic skills Difficulty: Difficult 50) An unintended effect of business legislation is ________. A) restricting fair competition in the market B) encouraging unbridled business behavior C) reducing the social cost of producing a particular commodity D) exposing consumers to unfair trade practices E) slowing

Review for the - 1205 Words

Review of 《The Goal》 1. What are the methods described in The Goal for identifying a bottleneck? ‘A bottleneck is any resource which is equal to or less than the market demand placed on it.’ To find out the bottleneck in the case, they’ve tried different ways. At first they tried to look at all the resources and compare them with market demand. They believed the one in which demand is greater than capacity is the bottleneck. Soon they found this method was too complicated and time-consuming to execute, not to mention the inaccuracy of data. Then they figured out that they could talk to expediters to find out the parts most frequently in short supply, which were probably the ones passing through a bottleneck. Building on this method,†¦show more content†¦Also explain and relate to course concepts the statement made by Jonah that a factory â€Å"balanced with demand† will soon experience bankruptcy. Through the dice game or match bowl experiment, Alex realized that with a balanced plant, because of statistical fluctuations and dependent events, throughput goes down and inventory along with operating expenses goes up. The reason was in the designed balanced plant there was no reserve. When the kids downstream in the balanced model got behind, they had no extra capacity to make up for the loss. And as the negative deviations accumulated, they got deeper and deeper in the hole. A further analysis was about covariance, the impact of one variable upon others in the same group. In a linear dependency of two or more variables, the fluctuations of the variables down the line will fluctuate around the maximum deviation established by any preceding variables. That explains what happened in the balanced model. So as what Jonah claimed, every factory has bottlenecks and bottlenecks are a must. It is impossible to set up a model perfect balancing capacity with demand. 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Contract with Robert-Free-Samples for Students-Myassignmenthelp.com

Questions: 1.Can Peter enforce his Contract with Robert? 2.Each will bill and be exclusively entitled to the fees received in return for their own work. Is this a Partnership? Answers: 1.As per the Alberta Regulation 196/1999, Fair Trading Act- Public Auctions Regulations, it is the duty of the auctioneer to read out the conditions of sale or make sure that the conditions of the sale are read by those present at the sale. The auctioneer must do this before the commencement of the sale or at the beginning of the adjourned sale. However, the auctioneer need not ensure that the condition are read by those present at the auction if they are regular bidders in the auction sales business (Casey, 2012). Also, the auction sale business have to provide the bidders the necessary conditions of the auctions in the bid cards if they are registered bidders and may not be attending the auction on the given day. Moreover, the auctioneers cannot make statements which are incorrect in any manner. And for the bidders, it is their duty to read and understand the conditions of sale before the beginning of the Auction (Riefa, 2015). They should also inspect the commodities themselves be fore placing the bid so that they can be aware of every detail of the commodity in auction. In the given case, Peter owned a vacant land that he wanted to sell. Peter made a contract an Auctioneer named Howard. The rules and conditions of the sale were given in the catalogue made for the auction, wherein it was mentioned that the auctioneers do not have the authority to make the representation on behalf of the owner of the land. Robert was one of the bidders for the vacant land. Robert enquired Howard about the zonal arrangement of the vacant land and placed the bid relying upon the zonal arrangement as told by Howard. However, later on it turned out that the zonal arrangement as told by Howard was wrong and as a result Robert refused to pay for the property. When analyzing the case given above with the law governing the auctions, it can be said that both Howard and Robert have made mistakes. Howard made the mistake of making a representation for which he had no authority and also gave an inaccurate representation relying upon which Robert placed the bid. The mistake made by Robert was that he did not read the rules and conditions that was given in the catalogue for the auction because if he had read and understood the regulations, he could have known that Howard did not have the authority make the representation and he would have been careful in finding out the detail about the property. Moreover, it is the duty of the Bidder to inspect the commodity or the item held for auction. He did not do anything of this sort. Thus, it can be said that Peter, the owner of the land can enforce the contract on Robert for the vacant land because everything was mentioned in the catalogue meant for the sale of property at the auction. Despite, this he enquired the auctioneer who had no authority to make any representation. Moreover, Robert relied upon the representation made by the Auctioneer without even making any further enquiry about the property. Thus, it can be said that Peter can enforce his contract for sale of the property with Robert who cannot claim the fact that he relied upon an inaccurate representation made by the auctioneer. 2.As per the Partnerships Act, R.S.O. 1990, chapter P.5, the determination of partnership can be done by the real intention of the parties involved. This can be determined by the way they conduct themselves. For the determination of the existence of partnerships, the court of law sees the business relationship of the parties involved rather than relying on the form of the relationship (legalline.ca, 2017). The factors that court sees to check the substance of the business relationship are as follows- The official registration of the partnership. The contributions made by parties involved in terms of property, knowledge, money, skills and so on. A joint interest in the property of the business The right of control or management of the property or business. The expectations of the profits from the business or the intention to earn profits. The profit sharing rights of the parties involved in the business (bclaws.ca, 2017). In the given case, Susan and Joyce are accountants and are carrying on their respective business as sole proprietors. In order to reduce their expenses they decided to enter into an arrangement. For the reduction of costs, they rented premises together; it consisted of 3 offices and 1 reception area. Both of them signed the lease as the tenant. Then they hired a secretary who would be working for the both of them. It was decided that they would share the office expenses equally. However, apart from the expenses that are shared, any other expenses incurred by them would be borne by the person incurring them. Any decision relating with the management of the office and the secretary are taken by with the consent of both the parties. The revenue they generate in the form of fees for their service is kept by the person providing the service. Analyzing the factors for the determination of the substance of the partnership with that of the conditions of the arrangement entered between Susan and Joyce, it can be said that the arrangement cannot be said to be a partnership because they do not have any formal registration of their partnership. Moreover, the contributions made by them are only in terms of expenses for the management of the office premises and the salary of the common secretary. Though they do have a joint interest in the property of the business it is not a conclusive evidence for the existence of a partnership between them. The most important factor considered in all the cases by all the court of law dealing with partnership determination is the intention of earning profit from the partnership and their profit sharing terms. However, both these factors are missing in the arrangement entered between Susan and Joyce. Thus, it can be said that the arrangement entered between Susan and Joyce cannot be said to be a Partnership because they do not have any official registration for their partnership deed. Moreover, their contributions merely reflect the sharing of expenses and do not reflect any fact which can be seen as spent for the purpose of the smooth sailing of the partnership. And the biggest factor missing from the arrangement is the intention to earn profit from the partnership and the profit sharing rights of the partnership business. Hence, it can be concluded that the arrangement between Susan and Joyce cannot be termed as a Partnership. Bibliography Casey, J. B. (2012).Arbitration Law of Canada: Practice and Procedure. Juris Publishing, Inc.. Riefa, C. (2015).Consumer protection and online auction platforms: Towards a safer legal framework. Ashgate Publishing, Ltd.. www.bclaws.ca. (2017).Partnership Act.Bclaws.ca. Retrieved 31 July 2017, from https://www.bclaws.ca/Recon/document/ID/freeside/00_96348_01 www.ianwyles.co.za. (2017).General Rules Of Auction | Ian Wyles Auctioneers amp Appraisers.Ianwyles.co.za. Retrieved 31 July 2017, from https://www.ianwyles.co.za/general-rules-auction/ www.legalline.ca. (2017).How to determine if a partnership exists - Legal Line.Legal Line. Retrieved 31 July 2017, from https://www.legalline.ca/legal-answers/how-to-determine-if-a-partnership-exists/ www.ontario.ca. (2017).Cite a Website - Cite This For Me.Ontario.ca. Retrieved 31 July 2017, from https://www.ontario.ca/laws/statute/90p05 www.qp.alberta.ca. (2017). Retrieved 31 July 2017, from https://www.qp.alberta.ca/documents/Regs/1999_196.pdf www.thebalance.com. (2017).Eveything You Need to Know About Business Partnership in Canada.The Balance. Retrieved 31 July 2017, from https://www.thebalance.com/partnership-in-canada-2948122

Euthanasia Pro+Con+Catholic View Essays - Euthanasia, Medical Ethics

Euthanasia Pro+Con+Catholic View Some have suggested that we legalize physician-assisted suicide in California. They argue that we should find death before it finds us, and that the right to die is the right-to-choose. They are supporting such an initiative because they fear that they will have to endure horrible pain and live out a life encompassed by absolute suffering. By being able to end the torment, preferably legally, perhaps they can even relieve their families of some economic pressures. By legalizing active Euthanasia, the inducement of gentle death solely by means without which life would continue naturally, advocators of Euthanasia hope to save terminally-ill patients from a painful death and rather, allow dying patients to go on to the next life in peace. Those who endorse Euthanasia do so because they believe that to end a patient's suffering through such mercy killing is compassionate and as the name implies, a final act of mercy and love. It would save patients' family members the agony of having to watch a loved one die in unbearable pain. Furthermore, the principle of autonomy suggests that anyone who wishes to die should be allowed to, especially if this is his or her final wish. Advocators of Euthanasia believe that a person should be allowed to die in a painless, peaceful, and dignified way. Yet, those against Euthanasia say that Euthanasia is not mercy killing, but actually murder. They argue that God is the ultimate physician who decides the fate of one's life, and that we, human beings, have to right to decided whether someone lives or dies. Moreover, if that right were turned over to a physician, how can we be sure that the death of a patient is so imminent? Instead, physicians could just prolong life by the principle of double effect; for example, by increasing dosages of Morphine to relieve pain, while also possible increasing the chance of death. Ultimately, those against Euthanasia fear that legalizing Euthanasia will cause a slippery slope for legal murder. If we allow doctors to kill patients, what will happen next? Where do we draw the line? The Catholic Church supports those who are against Euthanasia. The Church believes that giving a patient medication that will have the double effect of relieving pain and possibly speeding up death is morally acceptable, since the ultimate motive is not death, but rather, alleviating pain. However, if one were to attend to a patient and increased the dosage of medication with the purpose of ending the patient's life, then the Catholic Church would consider such an act as murder. The belief is that everything happens for a reason, and the decision of one's life or death is not ours, but God's; by trying to control life or death, we would be interfering with God's will. God would not give us anything that we could not handle; so we must let life run its entire course to the very end. Personally, I believe that the right to die with dignity is a personal choice that needs to be not taken lightly and should be well-thought out. Euthanasia affects not only the person who dies, but other family, friends and those doctors or individuals who help make that decision. This decision is not for everyone. However, those who are facing an uncertain shortened future should be allowed to make this decision for themselves. Many safeguards need to be in place and legislation needs to be introduced to address this issue. It is a decision that no one ever hopes to have to make, but by ignoring it, it will not go away. I think we should legalize Euthanasia. Religion Essays

Free Essays on Honesty & Integrity

Honesty And Integrity Honesty and integrity are defined as qualities that allow an individual to do the right thing as often and as much as possible, and when they have done they wrong thing admit to what they have done. Honesty is the adherence to the facts and sincerity. To perform honestly would be: to tell the truth, to be able to be trustworthy, to not cheat and to be true to yourself. Honesty is doing the right thing, integrity; following through and being able to be counted on, trustworthy; you will not take credit, money or rewards for things you didn’t perform or do, fairness/ honor; meaning what u say, sincerity; and finally you will act and explain yourself as you truly are, genuine. When a person is dishonest they will act in a way that they know is wrong and, if asked to explain, will proceed to lie about what they have done. Being dishonest usually will catch up with the person. If dishonesty lets them get too far, it will go to their head and will take it to an extreme, making it mu ch better to start out honestly. Integrity goes hand in hand with honesty, seeing that each word uses the other in its definition. Integrity is the quality or state of being undivided. It is moral soundness, honesty, and freedom from corrupting influence or motive. It can be used especially with reference to the fulfillment of contracts, the discharge of agencies, or trusts. Integrity allows a person to be proud of what kind of morals they have, what kind of things they do and are proud and unafraid to tell the truth. If a person with integrity has done something wrong, than they probably did not purposely do it and are absolutely fine with admitting to it and taking responsibility for it. Honesty and integrity also have a meaning for me. I will do my best not to do the wrong thing but if I have chosen to do so, for me to be honest, I will tell the truth to my parents, teachers, friends and anyone I speak to or come in contact wi... Free Essays on Honesty & Integrity Free Essays on Honesty & Integrity Honesty And Integrity Honesty and integrity are defined as qualities that allow an individual to do the right thing as often and as much as possible, and when they have done they wrong thing admit to what they have done. Honesty is the adherence to the facts and sincerity. To perform honestly would be: to tell the truth, to be able to be trustworthy, to not cheat and to be true to yourself. Honesty is doing the right thing, integrity; following through and being able to be counted on, trustworthy; you will not take credit, money or rewards for things you didn’t perform or do, fairness/ honor; meaning what u say, sincerity; and finally you will act and explain yourself as you truly are, genuine. When a person is dishonest they will act in a way that they know is wrong and, if asked to explain, will proceed to lie about what they have done. Being dishonest usually will catch up with the person. If dishonesty lets them get too far, it will go to their head and will take it to an extreme, making it mu ch better to start out honestly. Integrity goes hand in hand with honesty, seeing that each word uses the other in its definition. Integrity is the quality or state of being undivided. It is moral soundness, honesty, and freedom from corrupting influence or motive. It can be used especially with reference to the fulfillment of contracts, the discharge of agencies, or trusts. Integrity allows a person to be proud of what kind of morals they have, what kind of things they do and are proud and unafraid to tell the truth. If a person with integrity has done something wrong, than they probably did not purposely do it and are absolutely fine with admitting to it and taking responsibility for it. Honesty and integrity also have a meaning for me. I will do my best not to do the wrong thing but if I have chosen to do so, for me to be honest, I will tell the truth to my parents, teachers, friends and anyone I speak to or come in contact wi...

Museum Visitation Essay Example | Topics and Well Written Essays - 750 words

Museum Visitation - Essay Example It looked mysterious, like a puzzle that needs to be figured out. The first thought about this artwork was figuring out its complexity. There is a huge question mark asking the viewer what is the meaning of this picture. Without looking at the description of the painting or the artists name, it is hard to figure out what it means and represents. After reading the name of Roberto Matta, it dawned on me that this might be surrealism. A few questions crossed my mind while looking at this artwork. I know that Matta was fascinated by Christ’s crucifixion and he loved painting that tragic event in different styles and forms. Immediately, I started looking for the cross and soldiers in this picture. Certain questions that boggled me were; I am a fan of motion and fluidity. Rigidness and mechanical expressions of art always disinterest me. Le Meridien by Sarah Morris is one such piece. Despite the brilliant color play the rigid rectangles and strict computer like boundaries make it seem automaton. Maybe this style is an expression of mechanical elements but it does not make me want to spend time looking at Morris’s work. Upon reading the description of her work, it was revealed that it represents Rio de Janiero’s architecture. The elongated rectangular mosaic-like formation of vibrant colors represent the old building in Rio. I was questioning myself about this painting; The exhibition called In the Sculpture Garden: Jedd Novatt displays artworks depicting minimalism. The purpose is to depict the presence of minimalistic sculpture style making its way into the American public landscape. Its prominent features include the interplay between rigid, lifeless elements such as steel and aluminum and giving them the theatrical animation turning them into eye-catching sculptures. They also display the most efficient use of space and the optimal ratio of mass, volume and weight. I would take Jedd

Confederation and Constitution Essay Example | Topics and Well Written Essays - 1000 words

Confederation and Constitution - Essay Example The American constitution underwent a lengthy process during its drafting and various amendments have been made so that it can be more efficient for the governing of the states. In 1776, the continental congress drafted â€Å"the article of confederation† which brought together 13 founding states of the United States of America: This article was later ratified in 1781. In the article of confederation, the relationship between the uniting states was defined and also a common name was adopted for the union of the states (Howard, 2005). After various administrative set backs, this article of confederation was found to be inefficient and hence was later replaced by the American constitution in 1789. Though the article of confederation had some similarities with the constitution, these two documents were different in the following ways. The constitution established an organized form of government. The government was divided into three main braches, which included the executive, the judiciary, and the legislature. In the constitution, the executive was the supreme arm of the government and it was headed by the president. The constitution provided the rules and regulations governing election of the president and his deputy. However, in the article of confederation, there was no such structured government. The states had the liberty to decide the method of leadership they wanted. The constitution established a federal system government. In this system, the states had some authority.

Pricing Strategy and Channel Distribution Essay Example for Free

Pricing Strategy and Channel Distribution Essay Pricing Strategy and Channel Distribution Senior Concierge Services Kelly Spino Strayer University Dr. Robert Badowski Abstract Determine and discuss a pricing strategy (penetration or skimming). Determine and discuss pricing tactics (product line pricing, value pricing, differential pricing, or competing against private brands) to be used for your product. Identify any legal and ethical issues related to the pricing tactics. Prepare a marketing distribution channel analysis identifying the wholesaler, distributor, and retailer relationships. Discuss how the distribution strategy fits the product/service, target market, and overall marketing objectives for the company. As a service business, Senior Concierge Service will offer non medical care and maintenance for senior citizens and their families. This type of service business does not have many competitors, and pricing is consistent among the senior care industry. The pricing strategy for Senior Concierge Service will be to stay within the normal range for its services. Consumers will choose Senior Concierge Service over the competition not by cost, but by the quality of services offered. Price skimming is a pricing strategy in which a marketer sets a relatively high price for a product or service at first, and then the price is lowered over time. This is a version of price discrimination. Price skimming allows a business to recover its resources quickly before a competitor moves in and lowers their prices, lowering the market price. The objective of a price skimming strategy is to capture the consumer surplus. There are several potential problems with this strategy. It is effective only when a business is facing an inelastic demand curve (demand that is not very sensitive to a change in price). Skimming encourages the entry of competitors. Penetration pricing is a more suitable strategy in this case. This strategy is a pricing technique of setting a relatively low initial entry price, often lower than the market price, to attract new customers. This strategy works on the probability that customers will switch to the new business because of the lower price. Penetration pricing is most commonly associated with a marketing objective of increasing market hare or sales volume, rather than to make profit in the short term. This can take the competition by surprise, not giving them time to react. It can also create goodwill among the early customer segment. This can create more trade through word of mouth. Ethical thinking is responding to situations that deal with principles concerning human behavior in respect to the appropriateness and inappropriate ness of certain communication and to the decency and indecency of the intention and results of such actions (distinctions between right and wrong). Marketers are ethically responsible for what is marketed and the image that a product portrays. Marketers need to understand what good ethics are and how to incorporate good ethics in various marketing campaigns to better reach a targeted audience and to gain trust from customers. (Wikipedia. com) Unethical or controversial marketing strategies include: bait and switch, pyramid scheme, planned obsolescence, lock-in/ loyalty schemes, viral marketing, and, monopolies/oligopolies. In retail sales, a bait and switch is a form of fraud in which the party putting forth the fraud lures in customers by advertising a product or service at an unprofitably low price, and then reveals to potential customers that the advertised good is not available but that a substitute is. A pyramid scheme is a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, without any product or service being delivered. Pyramid schemes are a form of fraud. The scheme collapses when no more people are willing to join the pyramid Planned obsolescence is the process of a product becoming obsolete or non-functional after a certain period or amount of use in a way that is planned or designed by the manufacturer. The purpose of planned obsolescence is to hide the real cost per use from the consumer, and charge a higher price than they would otherwise be willing to pay, or would be unwilling to spend all at once. For industries, planned obsolescence stimulates demand by encouraging purchasers to buy sooner if they still want a functioning product. In business, vendor lock-in or customer lock-in, makes a customer dependent on a vendor for products and services, unable to use another vendor without substantial switching costs. Lock-in costs which create barriers to market entry may result in antitrust action against a monopoly. Loyalty programs include frequent flier miles or points systems associated with credit card offers that can be used only with the original company, creating a perceived loss or cost when switching to a competitor. Most programs are able to get consumers to spend more money just to get to free or bonus item. Viral marketing and viral advertising refer to marketing techniques that use pre-existing social networks to produce increases in brand awareness. It can be word-of-mouth delivered or enhanced by the network effects of the Internet. Monopolies and oligopolies often use anti-competitive practices, which can have a negative impact on the economy. This is why company mergers are often examined closely by government regulators to avoid reducing competition in an industry. Since this business caters to seniors and their families, it is especially important for Senior Concierge Services to represent quality, value and confidence in its services and staff. The success of this company depends on compassionate, trustworthy, conscientious, and ethical care givers providing non-medical in-home care. A different take on the loyalty program would allow customers to receive a discount after x amount of service visits or when prepaying for multiple services. A marketing distribution channel analysis is a means used to transfer merchandise from the manufacturer to the end user. An intermediary in the channel is called a middleman. Channels normally range from two-level channels without intermediaries to five-level channels with three intermediaries. Intermediaries in the channel of distribution are used to facilitate the delivery of the merchandise as well as to transfer title, payments, and information about the merchandise. Distribution describes all the logistics involved in delivering a companys products or services to the right place, at the right time, for the lowest cost. For many products and services, their manufacturers or providers use multiple channels of distribution. Well-chosen channels constitute a significant competitive advantage, while poorly conceived or chosen channels can doom even a superior product or service to failure in the market. Distribution channels may not be restricted to physical products alone. They may be just as important for moving a service from producer to consumer in certain sectors, since both direct and indirect channels may be used. There have also been some innovations in the distribution of services, such as an increase in franchising and in rental services. There has also been some indication hat service integration can benefit many providers. Senior Concierge Services will look to link with other service providers to create a mutually beneficial arrangement. Medical providers, beauticians, landscapers and general contractors would all be a good fit with the services offered. A distribution strategy defines how a business is going to create and satisfy demand for its products; how a business is going to move produ cts from point of creation to points of consumption, in a cost-effective manner; as well as defining how a business is going to manage its brand. Todays customers shop and buy very differently than ever before. Access to high-quality information, via the internet, combined with their heightened price sensitivity, has created customers that are more sophisticated, better informed and often times, more demanding than customers of the past. A distribution strategy must be in sync with how the customers of Senior Concierge Service want to shop for services. Franchising is an option worth considering. For a fee, a small business owner can take advantage of the marketing research completed at the corporate level.

Lord Of The Flies: Human Nature :: essays research papers

Lord of The Flies: Human Nature "We are all murderers and prostitutes - no matter to what culture, society, class, nation one belongs, no matter how normal, moral, or mature, one takes oneself to be." R. D. Laing British psychiatrist. R.D. Laing obviously backs up William Golding's point of view that human nature is evil. Human nature is directly affected by the environment; and is constantly changing due to the experiences of the individual. Oscar Wilde once said "The only thing that one really knows about human nature is that it changes. Change is the one quality we can predicate from it. The systems that fail are those who rely on the permanency of human nature, and not on its growth and development. The error of Louis XIV was that he thought human nature would always be the same. The result of his error was the French Revolution. It was an admirable result." Human nature depends upon the environment in which they are immersed. The idea that children, not humans in general, are swayed by the ideas and actions of their parental figures is also a central idea of the book, "The Lord of the Flies" by William Golding. Because of the war in England where the boys were from their human experience was one of war. If there was no war going on in England at the time they were evacuated from England, there would've been no deaths, no Lord of the Flies, and certainly no beast. Because if they had came with a good human nature then how would there have been a beast which Golding classified as the basic evil inside all of us. Another thing that ties in with this that children try to copy what they see adults do so if a child sees an adult smoke up or drink then he may believe that it is okay or it is right because their parents do it. As George Orwell once said "Part of the reason for the ugliness of adults, in a child's eyes, is that the child is usually looking upwards, and the adults are rarely looking down. Yet no matter what they will always adore, look up to and love their parents." But as was just said sometimes that can be a bad thing. So what must we do? Well for starters why not try to teach our children better and try at all costs to set good examples for our children so that our society will hopefully be salvaged from the god forsaken wrath of evil. Children who's parents smoke have a 40% higher chance of smoking than

Comparative Paper Essay

The welcome table and country lovers share the same theme but are adversely different in many ways, yet in some they are a lot alike. In this paper I will compare and contrast The Welcome table by Alice Walker and Country lovers by Nadine Gordimer. I will address how they both are written in form, context, and style. I will explain different literary elements the author’s used to give detail about the stories. The two stories being compared and contrasted are similar in that they both are written around the same theme, race, and ethnicity. They are also both written in third person. The two writers Alice Walker and Nadine Gordimer were both expressing stories of racial inequality. They also show the reader that when the story was written it was not allowed to have a white person and black person in a relationship. They also express how unequal it was for a white person compared to a black person. In â€Å"The welcome table† a black woman came up to the steps of a white church and the preacher of that church stopped her at the lobby and said â€Å"Auntie, you know this is not your church† (Clangston 2010).† In the story country lovers Thebedi and Paulus, the main characters, had grown up together and ended up having a sexual relationship. When Paulus finds out Thebedi had a light skinned child he kills it because a white and black relationship is not allowed. He is also ashamed about being in a relationship with her and denies all accusations against him. In country lovers the story is about a white male, Paulus Eysendyck, who is the son of a farmer, and Thebedi one of the black female workers on the farm. The story starts off with them as children playing together along with all the other children, but Paulus and Thebedi were closer than the others. As they grow up Paulus goes to school and brings Thebedi gifts and tells her stories about school. They eventually end up having a sexual relationship and Thebedi ends up pregnant. Paulus is away at school when she finds this information out along with finding out she is getting married to Njabulo a black male who also works for the farmer. Thebedi gets married and has the baby. Njabulo knows that the child is not his because it has straight hair and light colored skin, but still raises him as his own. Paulus returns from school and overhears the in house servants talking about the light skinned child. He then goes out to the living quarters to see it. He finds Thebedi and Njabulo’ s house and secretly kills the child. The author uses imagery, character, and third person point of view (bookrags.com) throughout this story. The author paints a very good picture for the reader by using very graphic details describing everything. She uses character to describe the people in the story. Nadine Gordimer writes the story in third person objective. She only speaks as an outsider looking down on the story unfolding. She does not tell the reader what the characters feel throughout the story. Using imagery she makes a visual image of the characters and setting. â€Å"down there hidden by the mesh of old, ant-eaten trees held in place by vigorous ones, wild asparagus bushing up between the trunks, and here and there prickly-pear cactus sinken-skinned and bristly, like an old man’s face, keeping alive sapless until the next rainy season†. (Country lovers Nadine Gordimer). This is one example of what the reader experiences throughout the story. In The welcome table the main theme is also about racial inequality. This story starts out with an old black lady standing on the stairs of a church. She walks into the church and the preacher says â€Å"Auntie, you know this is not your church?† as if one could choose the wrong one. (Clangston 2010). She just walks past him and sits down in the very back row of the church. All the white people sitting inside near the front starred at her in disbelief. The usher came up to her and told her she needed to leave she just waved him off and told him to go away. The white wives told their husbands to get her out of the church also. They acted quickly and went to her and put an arm under hers to pick her up and carried her out. The author told the reader about the smell the men had on their fingers after carrying her out. It was a musty smell from her under arms. While she was standing on the front steps she looked up the road and saw Jesus. She was excited waving her arms so he did not miss her. She started walking with him and talking to him explaining everything even singing at times. At the end of the story they never saw her again. Many people speculated that she had died walking along the road. Many people though she had family on the other side of the river, but no one knew for sure. The incident was never spoken of in the church again. Alice Walker used third person, character and imagery like Nadine Gordimer did also. Alice Walker used third person omniscient allowing you not just to observe the action, but to see inside the thinking of those involved. She described the main character in great detail. She described here clothing â€Å"the missing buttons down the front of her mildewed black dress.† She described her personal qualities more in depth. She described her eyes, skin, and smell. â€Å"Aged blue-brown eyes†, â€Å"she was angular and lean and the color of poor gray Georgia earth, beaten by king cotton and the extreme weather. Her elbows were wrinkled and thick, the skin ashen but durable, like the bark of old pines.† (Clangston 2010). She also used similes throughout her story. The author did paint a picture using imagery, but this time it was of the main character, not the setting like Nadine Gordimer did. To compare the two stories both authors used imagery, character, third person point of view, and shared the same theme. The theme of both stories is about racial inequality. Both stories involved a black female as main characters. Life in the days these stories were written was not what it is like now. The story The Welcome Table was written in a collection of stories between 1967 and 1973. (Bradley, D). The story Country Lovers was written in 1975 (Custodio, L). This story also won the literary Nobel Prize in 1991. (nobelprize.org). Life in this time was not equal at all. Blacks were looked at as to be less that white people. In most places blacks and whites could not eat in the same areas or use the same drinking fountains and in most cases as we see in The Welcome Table could not even go to the same church. These were called Jim Crow laws. (nps.gov) In Country lovers we see they definitely could not be in a relationship. Both authors used imagery to let the reader see what was going on in the story. They both used describing details. In the welcome table the author describes to use the frigid cold outside and inside the church. She also tells us about the color and texture of her clothing, even describing the greasy hair stain on the bonnet. She also tells the smell of the underarms of the old lady after the men pick her up to remove her from the church. In Country lovers the author also uses imagery to give the reader a visual image of the story. She describes how Njabulo has built his house, making the reader feel as if they were right there looking at it. â€Å"Thebedi appeared, coming slowly from the hut Njabulo had built in white man’s style, with a tin chimney, and a proper window with glass panes set in straight as walls made of unfired bricks would allow.† (Clangston 2010). Along with telling the reader how the hut was built the author also describes the setting down by the dried up creek with great detail. â€Å" It had always been a good spot for children’s games/ down there hidden by the mesh of old, ant-eaten trees held in place by vigorous ones, wild asparagus bushing up between the trunks, and here and there prickly-pear cactus sunken- skinned and bristly, like an old man’s face, keeping alive sapless until the next rainy season.† (Clangston 2010). Both authors used character in their stories. The characters were involved in racial inequality yet neither author said anything about race or inequality in their stories. In The Welcome Table the old black lady tried to attend a white church. Three different times she was told that she did not belong first by the preacher â€Å"Auntie, you know this is not your church?† (Clangston 2010). The second, by the usher, who had never turned anyone away for church, never thought he would ever have to turn anyone away, and also â€Å"whispered that she should leave† (Clangston 2010). The last time was when the white wives told their husbands to remove her and that they did. They picked her up under her arms as set her back outside. In Country Lovers the main character Thebedi is a worker on the Paulus’ family farm. She is a poor black child whose parents had worked on the farm also. In the beginning Thebedi and Paulus along with all the other children played together and it was ok. As they got older and Paulus went to school he brought Thebedi gifts but, none for the other workers and once again that was ok. It’s when they begin their sexual relationship that problems occur. When Thebedi gets pregnant by Paulus she refuses to tell him. It is when the baby is born and Paulus over hears the in-house servants talking about it that it became a problem for him. Paulus immediately goes down to the hut to see the baby for himself and sees that the baby is light skinned, green-eyed, and straight haired. He then becomes ashamed and says â€Å"I feel like killing myself† (Clangston 2010). The authors chose to write in third person point of view, which to the reader, in these stories, lets them see and get a better understanding of what is happening and also lets the reader form their own opinion of the situation. If Nadine Gordimer would have written her story in first person she would have only let the reader see and understand what Thebedi was seeing and feeling. This would have taken the story in a completely different direction. At the same time if Alice Walker would have told the story in first person the story would have been less â€Å"juicy† with details. To contrast the stories, the stories are written in different types of third person, using imagery the authors describe different parts in the story and the stories plots were completely different. In Country lovers the plot was a love story. In The Welcome Table the plot was an old black lady not being allowed in a white person’s church. The type of point of view used in Alice Walker’s story is third person omniscient which allows the reader to see the action but to know the feelings of those involved. She used this to let the reader feel and know what the main character was thinking and feeling, and at the same time still tell what everyone else is doing around her. By writing in this version of third person the story was more informative. Had she written the way Nadine Gordimer wrote her story the reader would not fully understand what the main character was feeling. The point of view in which Nadine Gordimer wrote her story is first person objective. First person objective is â€Å"an external narrator who takes a detached approach to the action and characters, usually to create a dramatic effect, and does not enter into their minds.† (Clangston 2010). By writing this way she made the story more dramatic and kept the audience guessing until the end. If Country lovers were written like The Welcome Table Paulus would not have been as much of an influence in the story as he is now. Using imagery the authors went two completely different ways. One described qualities of the main character and little about the setting the other described the setting at multiple times. Nadine Gordimer wanted the reader to be standing next to the characters, seeing and almost being able to feel the setting throughout the story. Alice Walker on the other hand, wanted the reader to see the qualities of the old lady. She wanted the reader to be able to visualize every wrinkle and weather beaten inch of the old lady’s body. Other items the authors did differently were similes and character names. The only character named in The Welcome Table was Jesus. In country lovers almost every character in the story was named. By doing this the author makes the reader create a picture of the characters and it helps them understand the story line better. The Welcome Table used more similes than Country lovers. Nadine Gordimer wrote the story as if it were unfolding in front of the reader’s eyes. Alice Walker wrote in a past tense type of way. She put different selections of words in to make it seem as if she was there and was telling it to a school class trying to make them think. Both of the literary works are short stories. The way they write involves setting and specific details. They do not use a lot of dialog between characters, which would be indicative of a play. Short stories are close to the being written like a play would. A play is written with multiple characters. They all have multiple lines that describe what the story is supposed to be betraying. There are multiple set or setting changes throughout plays. The setting changes coincide with acts. Acts break up a play into many different parts. They will lead the audience into the next set of events that is about to happen. Inside each act is a scene, multiple scene makes up one act. The way plays are written compared to the way short stories are written are very different yet close in some parts. When a play is written it almost like reading a conversation between the characters with some describing lines to give a setting. Both The welcome table and Country lovers are written in the same form as compared to a play. They both do not use acts or scenes in the stories. With that being said Country Lovers could be turned into a play with the details and characters used throughout it. The lack of dialog and setting details in The Welcome Table would make it very hard to be turned into a play. In Country Lovers the author describes the setting very well. This helps the reader visualize what is happening and what the characters are doing and how they are acting. In this paper I compared and contrasted many different ways of writing between Country Lovers by Nadine Gordimer and The Welcome Table by Alice Walker. Both writers used the same theme, race and inequality. They also used many of the same literary terms. Some of which were the same however most of which were not. They taught us that there is not a specific way every term or type of writing had to be written, there are many different ways to write the same thing. The welcome table and country lovers share the same theme but are adversely different in many ways, yet in some they are a lot alike. Some examples I explained were imagery, point of view, and character. The theme may be the same but Country lovers and The Welcome Table do not share the same plot or story line. Every story paints a picture, yet some paint in different ways. I also described how the forms of the short stories are written compared to a play. Country Lovers was written in great detail of the characters and the setting. The Welcome table on the other hand lacks the qualities and elements that Country Lovers have. Which would make Country lovers much easier to turn into a play compared to The welcome table. References http://leecustodio.hubpages.com/hub/Country-Lovers-an-Analysis Explore  » Books, Literature, and Writing (105,185)  »Books and Novels (16,746) Clangston, R. W. (2010). Journey into literature. San Diego, California: Bridgepoint Education, Inc. https://content.ashford.edu/books Bradley, David (1984). The New York Times. New York Times Company http://www.nytimes.com/books/98/10/04/specials/walker-story.html â€Å"Nadine Gordimer – Nobel Lecture: Writing and Being†. Nobelprize.org. 14 Aug 2012 http://www.nobelprize.org/nobel_prizes/literature/laureates/1991/gordimer-lecture.html http://www.nps.gov/malu/forteachers/jim_crow_laws.htm The Welcome Table from BookRags and Gale’s For Students Series.  ©2005-2006 Thomson Gale, a part of the Thomson Corporation. All rights reserved.

Modern Banking World Leading To A Financial Crisis Finance Essay - Free Essay Example

Sample details Pages: 12 Words: 3640 Downloads: 5 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? In 2007, the world was plunged in shock with revelations of the modern banking world leading to a grave financial and economic crisis. The bewilderment was actually triggered because of those dubious subprime loans leading to finance becoming malevolently complex and opaque. More precisely, the banking system had created numerous complicated, cross-border financial chains. Although these chains were believed to make the system more safe and efficient during the booming times but when the disaster struck, new risks were produced which took the market by storm. But the question arises that can the lessons learnt from this financial downturn be transposed to the worldwide manufacturing sector? This is the same question which is hanging over the markets as the long term impacts of the Japanese earthquake and tsunami are being assessed. In the last couple of decades due to the emergence of countries like China on the global economic stage, the role played by Japa n has shrunk. But still Japan is playing a crucial role in some of the big manufacturing supply chains, especially in the electronics and auto sectors. Japan manufactures about 30 % of the worlds flash memory which is used in electronic cameras and smartphones and also about 15 % of the D-Ram memory which is used in PCs. Many Japanese manufacturing units are facing temporary or partial closure and this has raised concerns with the investors as to how difficult it is to maintain complex cross-border linkages in manufacturing rather than in finance. The chunk of the problem is that big manufacturing organizations have their supply chains spanning across multiple borders. Taking the example of the  ¿Ãƒâ€šÃ‚ ½iPhone ¿Ãƒâ€šÃ‚ ½ and assessing how it was manufactured and the components used reveals a magnificently complex arrangement, typical of several sectors. Manufacturing a iPhone involves 9 major companies like Samsung, Toshiba, Infineon, Broadcom, Murata, Numon yx, Cirrus Logic and others. All major suppliers and producers are located in Japan, PRC, the Republic of Korea, China, Taipei, Germany, and the US. Looking at the dizzy patchwork of supply chain of organisations spanning over various countries implies that the companies are spoilt for choice as to from where to procure. But in real, competitive cost cutting strategies have forced companies to streamline their operations to such an extent that if something goes wrong with even one of the linkages in the cross-border supply chain, it can lead to the break-down of the entire system. Also bottlenecks and vulnerabilities occur when such companies streamline their operations in this way. These strategies often fail to overlook the macroscopic effects again a prevailing pattern in finance. Even a small component bearing a small value when compared to the overall value of the finished product can lead to a standstill in the entire production process. For example, some years back, Eur opean car manufacturers had to halt the production in their factory lines because of problems at an Asian factory which used to supply thread for seat belts to these car manufacturers and it was their only source. There have been more than 1000 examples tracked in the last five years when companies had to face disruption in the processes because of obstacles at a factory producing a perilous component, or at a crucial transport stage. The Business Continuity Institute last year published a report containing a survey of companies which faced three-quarters of production setbacks in their supply chain in the past year or so because of unexpected issues ranging from weather to health issues to earthquakes. One quarter conveyed that the problems were getting worse. This was because the global market had become highly competitive in the recent years and hence many businesses had implemented and adopted cost-saving strategies to sustain profit margins, also including just-in-time (JIT) deliveries of important components and resources. But these strategies are becoming operational weak links, especially in extended supply chains. The corporate awareness for this problem is now slowly rising and many companies have started developing mitigation strategies to develop mitigation strategies to diversify their supply chains. But still many of the severe vulnerabilities in these chains remain unaddressed till date and are poorly understood. Hence, the uncertainty with Japan. Many analysts still are of the opinion that any knock-on supply chain disruptions have relatively limited effects. However, if several manufacturing units and factories are shut down for an extended period, the damage can be wide spread. On the other hand, such events have been a timely reminder that finance is not the only sphere of 21st century which investors evaluate. Risk-off modes in supply chain are known to a few. Japan ¿Ãƒâ€šÃ‚ ½s role in the world economy The importance of Japan on the global economic front can be seen from some of the statistics given below. As the table above depicts, the Japanese economy accounts for 9% of the global economy measured in nominal terms. However, as the growth in Japan is pretty low, when the economy expands at trend growth, the actual contribution to the global GDP is just 0.1%-points. Thus, Japan is only responsible for 3% of growth in the global economy. Comparing this with the global scenario in which the US contributes 18% and the Euro area contributing 12%. With imports of around 13% of GDP, Japan is a reasonably closed economy. The total exports to Japan from the US and the Euro area is only 3.3% and 2.3% of the total exports, respectively. The data stated above suggests that the Japanese economy is not contributing much in substantial to the global growth. Further the main scenario of the Japanese economy and its impact on the global economy is sketched and a comparison is made with the bad scenario w here Japan is suffering from a wide-scale emission of radiation hitting Tokyo post the earthquake and tsunami. Trade dynamics Japan ¿Ãƒâ€šÃ‚ ½s World Exports Break-Up Japan ¿Ãƒâ€šÃ‚ ½s India Export Break-Up Japan ¿Ãƒâ€šÃ‚ ½s India Import Break-Up The earthquake and proceeding tsunami have caused untold loss of lives in north-eastern Japan last week has resulted in an untold loss of lives and has badly crippled Japan ¿Ãƒâ€šÃ‚ ½s economy. This is now sending ripple effects throughout the supply chain of major organisations especially electronics companies. As a primary nuclear power plant of north-eastern Japan is not operational, the power supply in the entire region is significantly affected. TrendForce is expecting a complete power outage or limited power supply in its manufacturing units over the next two weeks even though plan ton distribution of limited power have been drafted. SUMCO and Shin-Etsu Semiconductor have been forced to shut down their production of silicon wafer fabs. Significant damage has also been caused to the production lines of both companies. Hence global players for semiconductors will now compete for materials citing the drop in silicon wafer supply. Shin-Etsu Semiconductors primarily manufactures 12-inch silicon wafers and 95% of their production is used in the semiconductor industry. Shin-Etsu Semiconductor is also a major supplier of wafer silicon to Elpida and Toshiba. The majority of Japanese semiconductor companies are still estimating the damage caused by the earthquake and tsunami. Minor injuries have been reported to some employees of Panasonic at several of its companies including Panasonic Electric Works Co., Ltd. Koriyama Factory (manufacturing electronic materials), and SANYO Electric Co., Ltd. Gunma Factory (manufacturing washer/dryers etc), AVC Networks Company Sendai Factory (manufacturing optical pickups), AVC Networks Company Fukushima Factory (manufacturing digit al cameras). Damages to equipment, production lines and building were also reported. The sites of Texas Instruments (TI) in Miho and Aizu were also affected by the initial earthquake. No injuries to employees at these sites were reported and their fourth site in Hiji was not impacted. Spot price quotes halted for DRAMs Japans earthquake and tsunami has also impacted the DRAM market. Spot price information is not being provided by Samsung and Hynix, according to DRAMeXchange. In Taiwan, spot price quoting has been stopped for DRAM by PSC and Nanya Tech. These firms are waiting to listen to more information on the current situation and then will make necessary adjustments. The spot prices in China have started increasing because of the impact on the expected supply according to DRAMeXchange. Although there has been only a minor setback to Toshiba ¿Ãƒâ€šÃ‚ ½s NAND production line, the impact of the earthquake and tsunami on their supplies, traffic and Japan ¿Ãƒâ€šÃ‚ ½s construction is enormous. Toshiba has a 12-inch plant producing logic and consumer ICs in Iwate Prefecture. As this facility is very close to the epicentre of the earthquake, the production has been impacted severely while on the other hand, the production facility in Kansai has noted minor damages. Fab3 and Fab4 Flash memory plants of Toshiba and SanDisk are located approximately 800 miles away from the epicentre of the earthquake and hence there is no serious damage. The official statement from SanDisk stated that no employees were hurt but production did halt temporarily. Majority of the solar cell manufacturers like Sanyo, Sharp, Kyocera etc are located in the Kanzai region which has a minimal impact cause of the earthquake as reported by EnergyTrend which is a green industry research subsidiary of TrendForce. Sony ¿Ãƒâ€šÃ‚ ½s production units manufacturing Blu-ray discs, magnetic heads and batteries are located in north-east Japan and faced power loss problems. At the time of the quake, all employees had to be evacuated. In the aftermath, Korean and Taiwanese battery manufacturers saw increased orders as there was temporary but significant impact on the supply. The shutdown of Seiko ¿Ãƒâ€šÃ‚ ½s plant in Japan has had the biggest impact on the overall supply and this could see Korean and Taiwanese battery protection IC manufacturers benefit largely. Considering upstream material suppliers, the main casualties are Mitsubishi Chemical and Seiko. The anode powder manufactured by Mitsubishi Chemical is used in the Japanese market mainly for NB applications. Many NB brands, especially Apple ¿Ãƒâ€šÃ‚ ½s new Ipad 2 use battery protection IC manufactured by Seiko. Also impacted was the battery cell manufacturing unit of Sony. These cells are required for NB applications and power tools. The shutdown of battery supply for NB applications is around 2 weeks and the impact is 8M. But considering the existing inventory w ith Sony and as the battery pack is assembled in China there is a chance that not much loss will be caused. If Sony can manage to restart its production within 2 weeks with successful shipment, there will be minimal impact. The suppliers of LCD panels are located in the Kansai region and hence are not greatly impacted. But the impact of the earthquake and tsunami in the Kanto area of Japan has led to temporary shutdown of the PLD (origin IPS) six-generation fab supplies to Panasonic for TFT-LCD TV panels. This is a closed supply chain and the unit is located in Mobara. Another player in this industry is Corning Japan. It ¿Ãƒâ€šÃ‚ ½s plant at Kakegawa, Shizuoka has capacity which accounts for 70% of the total capacity of Corning japan but it hasn ¿Ãƒâ€šÃ‚ ½t faced much equipment damages. Also the leading LED manufacturers of Japan namely Toyoda Gosei and Nichia have their facilities far off from the disaster area in north-east Japan but LED production line of Chiba m ay be impacted. According LEDinside, there is not much impact on this industry. Globalisation, intense business competition, sustainability etc. have leveraged hidden cost embedded in efficiency for companies. Companies aim to lower operating costs by sourcing raw materials and production inputs from overseas. At the same time, many companies started taking efforts for simplifying and streamlining their supply chain involving systematic consolidation of suppliers through re-engineering initiatives and thus leading to administrative efficiency and cost reduction. Companies can negotiate for greater volume discounts and better service quality by reducing the number of transactions through consolidation. On the other hand, there is a hidden cost situated behind these benefits of global sourcing and supplier consolidation and that is increased exposure to the risk of supply-chain disruption. The potential risks that come along are increased distance and more complex linkages. Also the risk of failure is concentrated among a few suppliers. The supply chain of companies needs to be insulated from disruptions so that full advantage can be taken of these flexible, efficient and predictable strategies. The paper also caters to one of the most important categories of supply chain risks and that is the risk to the physical assets along the entire supply chain. These are the risks that can be caused due to the impact of natural disasters such as hurricanes, earthquakes, floods as well as non-natural adversities such as fires or explosions; and poor physical asset management, both at company-owned facilities and at partner ¿Ãƒâ€šÃ‚ ½s facilities. These risks have come up and have assumed a significant impact in wake of the recent disasters that have taken the companies ¿Ãƒâ€šÃ‚ ½ supply chains by storm. The recent examples of catastrophic events like Hurricane Katrina and Rita, earthquakes and flooding in China, tsunamis in Southeast Asia etc. hav e spread their destructive impact not only on humans, families or communities but also on the global economy. THE VIEW FROM FINANCE global sourcing vs. risk exposure A survey was conducted to find out how much do companies ¿Ãƒâ€šÃ‚ ½ supply chain depends on foreign sourcing activities, especially after the global economic recession. The current sourcing practices and policies were evaluated as to whether their current activities regarding sourcing would increase, decrease or remain at the same level over the next couple of years. The findings were that a lot of companies-almost more than two thirds (67%) of the companies are sourcing inputs for production from abroad and such trade practices are being encouraged to cut down on costs. Another finding is that a big majority of companies surveyed are expecting the overseas sourcing activities to increase of the next couple of years. The research survey also brought forward the fact that finance personnel find a conne ction between overseas sourcing and risk exposure. 39% of the companies surveyed agreed to the fact that their overseas sourcing policies and strategies increase physical risks along the supply chain. Another finding was that just-in-time (JIT) inventory and lean manufacturing practices which are proven to optimize the supply chain were less common at most of the companies. Also nearly two-thirds of companies surveyed (66%) suggested lean manufacturing practices lead to increased risks while 64% said just-in-time (JIT) inventory practices lead to increased risks. Another aspect of the research was that physical and natural hazards which include natural disasters and physical failures at companies ¿Ãƒâ€šÃ‚ ½ facilities have had a negative impact on the companies ¿Ãƒâ€šÃ‚ ½ performance. Chalking out the reasons for supply chain performance shortfalls, 55% believed it is due to logistics disruptions and 54% are of the opinion that it is due to underperformance of the s upply chain partners. On the whole a significant proportion of surveyed companies (45%) believed that natural catastrophes negatively affected performance, and an almost equal number of companies (42%) reported that physical asset failures at companies ¿Ãƒâ€šÃ‚ ½ facilities were the cause of negative performance. The effect on India Auto: Maruti Suzuki * Supply constraints of components and currency risk can cause impact. * Since Suzuki is a partner and it is based in Japan the impacts will be more on both grounds as compared to other players in the sector. * Credit Risk is a big factor for Maruti Suzuki. 1% change in Japanese Yen (JPY) will impacts the Maruti ¿Ãƒâ€šÃ‚ ½s Fiscal Year  ¿Ãƒâ€šÃ‚ ½12 EBIDTA and EPS by 2.7% and 2.6% respectively. Also the company could face tighter margins as it ¿Ãƒâ€šÃ‚ ½s JPY currency risk is not hedged. * Maruti Suzuki imports steel and other components like injectors, sensors etc from Japan (directly or indirectly via vendors). Thus shortage of supplies can lead to negative performance and temporary halt of production line. * Steel imports can have an alternative by importing it from other locations but problem will be created at the current juncture because of disruptions in the supply chain and negotiating with alternative suppliers. IT: Wipro and Infosys * Wipro and Infosys which are among the tier 1 companies in the IT sector derive approximately 1-1.5% of their revenues from Japan whereas the share of revenues of TCS is less than 1%. * The clientele of these companies in Japan consists of global players majorly located in and around Tokyo. * Nucleus Software which is among the small or mid-tier segment accumulates Similarly, amongst small/mid-tier companies, Nucleus Software derives approximately 33-34% of revenues from Japan. Nucleus gets services revenue from clients such as Shinshei bank and revenue from selling od IT software products like FinnOne and [email   protected]/* */ Co Name Metals and Mining: * The recent earthquake and tsunami that devastated a portion of North Eastern Japan is likely to have negligible impact on the Indian metals industry. * Global steel industry however, can see some positive impact due to production cuts, estimated to the tune of 10- 15 million tonnes by major Japanese steel mills. * Price of iron ore and coking coal on the other hand, may see some weakness due to lower demand in the near term, as Japan contributes ~25% and ~13% to the global seaborne trade of coking coal and iron ore respectively. Imports of iron and coking coal by Japan million tonnes * The raw material imports of Japan from India constitute of iron ore only. * Sesa Goa and NMDC export just approximately 5% of their total produce to Japan. India ¿Ãƒâ€šÃ‚ ½s iron ore exports to Japan Oil Gas: Reliance Industries, the prime beneficiary * Japan imports approximately 4.4mnbpd crude oil which mak es it the third largest consumer of crude oil having 5.1% share of the total world consumption. * Middle East countries are the major exporters of crude oil. * Because of the earthquake and the tsunami Japan had to shut down five refineries which had a capacity of producing 1.2 million barrel per day (mnbpd) which is approximately equal to 27% of Japan ¿Ãƒâ€šÃ‚ ½s daily requirement. * The prime beneficiary of this situation is Reliance Industries as it exports to many Asian countries.S * The shutdown of Japan ¿Ãƒâ€šÃ‚ ½s refineries has led to a large demand for petroleum products. * Product categories in the light and middle distillate segment will lead to higher Gross Refining Margin (GRM) for Reliance Industries. Conclusion: Beyond the saddening loss of human lives, Japanese earthquake and tsunami have brought forward the fact that how complex the global supply chain is and the companies are interdependent on complicated linkages in the productio n systems which make the organizations efficient and their process highly optimized incurring low costs. The raw materials and input components are procured from manufacturers based in different countries that span across borders. Such catastrophes are a test challenging the robustness of their supply chain. The ripples of Japan earthquake and tsunami are being felt right from Apple Incs new iPad to Chevrolet pick-ups and several of the worlds airplane kitchens because of the devastating negative impact on the global manufacturing supply chain. The supplies of everything from semiconductors to car components have been threatened because of the earthquake, tsunami and the nuclear crisis and manufacturers all over the globe are now feeling the pinch. Some areas where the impact of the earthquake wasn ¿Ãƒâ€šÃ‚ ½t large have factories in operational mode but shortfall in supplies of fuel and raw material, power outages, ruptured logistics are causing delay in production and he nce adversely affecting the delivery of products to respective customers. Honda Motor Co had to extend the halt of its production facility in Japan, where one-fifth of its total production is produced. There were even reports in the US markets that Honda won ¿Ãƒâ€šÃ‚ ½t be able to resume production of vehicles until May; such devastating was the impact. The role played by Japan in the global electronics supply chain is so crucial that major concern of trade and economics is aligned to this sector. Japans electronic parts ¿Ãƒâ€šÃ‚ ½ exports were about 7.2 trillion yen last year. If the crisis in Japan prolongs, the second quarter is going to see a shortage of components for all electronics manufacturing companies over the globe. Japan caters to 57 % of the worlds semiconductor wafers. The much awaited Apple iPad 2 was announced with a lot of fanfare but now is a victim of the shortage of semiconductor parts. Toshiba caters to 35% of the production of flash memory in the world. Its clientele include brands like Apples iPad and other smartphone manufacturers. As a result of this other chip makers of DRAM memory in Korea like Samsung and Hynix, Taiwanese company Powerchip etc. have stopped quoting of prices. Analysts at Goldman Sachs are warning of potential bottlenecks in the silicon wafers supply chain. Major deficits are also expected in the conductive film supplies used in LCD circuits and resin used to connect chips to boards. Taking the case of Shin-Etsu Handotai, which is the world leader in production of silicon wafers and ingots. These are used in the manufacturing of semiconductors. Its Shirakawa plant is very close to the epicentre of the earthquake in Fukushima and also close to the some nuclear power plants. The nuclear crisis is hovering and the plant contributes about 22% of the world ¿Ãƒâ€šÃ‚ ½s supply of silicon wafers. Power outages have taken a toll on the production affecting its global supply. Japan is responsible fo r 70% of the world ¿Ãƒâ€šÃ‚ ½s supply of anisotropic conductive film. It is a vital component used for the manufacturing of LCD flat panel displays, smartphones, notebook computers and tablets. According to reports dated March 16th, booking orders has been stopped by suppliers. Although a majority of the world supply of LCD panels comes from Korea, China and Taiwan. Sony ¿Ãƒâ€šÃ‚ ½s plants manufacturing lithium ion battery are around the disaster affected area of Fukushima as well as some of its suppliers. This as a result will cause a halt in the production of notebook computers. Automobile manufacturers in Japan also have some of their units in the disaster affected area. Even facilities which are located away from the epicentre and the disaster affected area are facing problems due to power outages. Damages to the suppliers and subcontractors of parts and components have thus led to halt in the operations of major manufacturers not only in Japan but all around the world. Don’t waste time! Our writers will create an original "Modern Banking World Leading To A Financial Crisis Finance Essay" essay for you Create order