Saturday, December 28, 2019

Informative Speech Bullying Is Everybody s Problem

Informative Speech Outline â€Å"Bullying is Everybody s Problem† Introduction I. What do we know about bullying? It turns out that with our busy lives, bullying is mostly imperceptible. Have you ever asked yourself why your son, your nephew or a close relative, refuses to go to school? Why the child is always complaining of stomachaches or other diseases in the mornings? II. If so, your child is likely to be a victim of bullying. However, you may not realize that bullying is a real issue that unfortunately affects many children. Many people think that bullying is only things between kids. The typical comment is I cannot have the child in a glass bell. Nowadays, having so many responsibilities such as work, school, the family, it can be challenging to meet the needs and problems of our children. As a result, they can feel unprotected and unconfident for sharing their problems. III. Today I would like to share with you the meaning of bullying and the two most common types of it, how to detect them, and some tips on how to deal with them. Let’s begin with what bullying is and the two common types. Body I. One of the biggest misunderstandings about bullying is actually what bullying is and the definition. A. So, â€Å"Bullying is a repeated pattern of intentional aggressive behavior between two children when there is a power imbalance†.1 1. According to Pamela Orpinas, PhD, MPH, an associate professor in the Department of Health Promotion and Behavior, College of Public Health,Show MoreRelatedOrganisational Theory230255 Words   |  922 Pagesmanaging, organizing and reflecting on both formal and informal structures, and in this respect you will find this book timely, interesting and valuable. Peter Holdt Christensen, Associate Professor, Copenhagen Business School, Denmark McAuley et al.’s book is thought-provoking, witty and highly relevant for understanding contemporary organizational dilemmas. The book engages in an imaginative way with a wealth of organizational concepts and theories as well as provides insightful examples from the

Thursday, December 19, 2019

Effects Of War On Military Families - 1286 Words

Coming into this project, I had a vague idea of the effects of war on military families. Of course, I knew there were struggles with in a family that has a soldier or a veteran, but I didn’t understand the full concept wholly. One of my questions coming into the project was what are the benefits for military families? I figured that there was just a fine line of what benefits a military family gets regarding financial stances, but I was completely wrong. I learned that there are different situations, certain ages, and marital status requirements. I think I was so fascinated with this question because I’ve grown up seeing a few people whose family member has been in or is currently in war, and they struggle financially and I wanted to understand why that was the case. I questioned the emotions of the military families and if those emotions are the generally the same across every military family. This was a tough question and I still don’t have a complete answer, b ut I found that every single military family has a different reaction. No one family goes through the same issues as another. Like I said about the financial situations, I was fascinated with war effects on military families because I have seen it with my friend and her family. My concept of military families has grown more, but I will never fully understand the situations or emotions because I have never been in the situation myself. Researching for military families was not an easy task to do because it wasShow MoreRelatedThe Effects War Has on Military Families1194 Words   |  5 PagesWar is one of the most powerful threats we have on the Earth today. War can bring about a variety of things in a variation of different ways and it is completely up to the government to decide a countrys war position. It is up to individuals that will under no circumstances have to experience what they have created, but what happens to the soldiers they send in to battle for them and their familie s. For the soldiers they are trapped with an involvement unlike any other known to man, stuck with memoirsRead MoreThe Impact Of Military Service Members Ptsd1720 Words   |  7 PagesImpact of Military Service Members PTSD Introduction Military work is complex and wide. The soldiers are normally deployed to wars during the war time or deployed to complex rescue missions whenever needed. This is in the belief that military personnel are the most robust trained personnel who can handle the toughest situations and conditions in life. However, for everything there exists a limit. This is because military personnel are normal human beings. They have humanity in them and military work isRead MoreMilitary Death and the Families’ Reaction to Losing Their Loved Ones1103 Words   |  5 Pagesover this devastating time. For this paper I will discuss the effects of Military Death and the families’ reaction to losing their loved ones. Serving your country is one of the best things an individual can achieve. It gives a sense of security to know that you are able to fight for the rights of others and maintain this great level of freedom that our fathers, uncles and brothers fought for in the war. Since 2001, thousands of military soldiers have been shipped to Iraq and Afghanistan, where theyRead MoreFamily Implications Of The World War I And II, Korea, And Vietnam863 Words   |  4 PagesFamily Implications As we look at the over, arching aspect of family implications, the most common aspect associated to this is the number of service member deaths. By the numbers alone, those killed in conjunction to the operations of the past 14 years do not hold a candle to the sheer numbers of World Wars I and II, Korea, or Vietnam. We must look past these numbers and look at all injuries, which will then significantly increase the casualty numbers. Many of the millions of wounded warriorsRead MoreU.s. Soldiers During The Vietnam War1472 Words   |  6 PagesU.S. Soldiers in the Vietnam War To this day, many Vietnam veterans suffer and feel forgotten, unappreciated, and even discriminated against. Combat experiences or physical disabilities have ruined some of their lives. For more, returning to normal life had not been easy. Imagine if you had just graduated out of high school and were sent to a guerrilla warfare far away from your home. During the war, you were exposed to a lot of stress, confusion, anxiety, pain, and hatred. Then you were sentRead MoreThe World War II ( Ww2 )1649 Words   |  7 Pages The Second World War, more commonly known as World War II (WW2), was a globally destructive war that lasted from 1939 to 1945. Although the major causes of the war began earlier the trigger that caused the ripple effect on the major warring countries was Nazi Germany’s invasion of Poland. The prime belligerents were Germany and Japan who were part of the Axis powers during the war, warring against the United States, Great Britain, and France who were catego rized within the Allied Powers. AlthoughRead MoreA Soldier s Sacrifice : Military Influence On The Twentieth Century1251 Words   |  6 PagesA Soldier’s Sacrifice: Military Influence in Music into the Twentieth Century The progressive era was a period of social activism and political reform that tested the strength of the country’s military. The devastating conflict of World War permeated much distress, that resulted in many American troops to be deployed overseas in active warzones. Music became a prominent feature on the battlefield and home front. The destruction of war created a motivation for political change and an inspirationRead MoreThe Cold War On The Soviet Union1230 Words   |  5 PagesThe Cold War’s effect on the Soviet Union Shortly after the World War 2 ended, the United States and its North Atlantic Treaty Organization allies entered the cold war with the Soviet Union. Germany was divided in half and later, the Berlin Wall was constructed as a physical boundary between the Soviet controlled East Germany and NATO controlled West Germany. This standoff continued until the Soviet Union dissolved in 1991. The cold war had a huge influence on the world stage, but also had a majorRead MoreEssay on Women Dealing with Posttraumatic Stress Disorder638 Words   |  3 PagesPost-Traumatic Stress Disorder on Returning US Military Personnel. Journal of Health Care Finance, 36(4), 65-74. This article presents an overview of the significant cost of health care for returning military personnel diagnosed with post-traumatic stress disorder (PTSD). This article explains how there is a greater need for evidence-based treatment for PTSD returning military members served in Iraq. The estimated cost of federal health care for return US military personnel with PTSD surpasses annuallyRead MoreWhat Are Invisible Wounds Of War?1411 Words   |  6 PagesWhat are invisible wounds of war? Compare and contrast the differences between PTSD and TBI. Discuss treatment for these two injuries, including the role of social workers. Ann Lee California State University, Sacramento Social work 191 Professor Lial March 12, 2016 Invisible wounds of war Invisible wounds of war are psychological and cognitive injuries; a deep scar that others cannot see or feel their pain. According to Pryce, Pryce, and Shackelford (2012), War produces undetectable injuries

Wednesday, December 11, 2019

Groupon free essay sample

Groupon gets commissions from the product and service providers. The providers are able to promote their products and gain benefits from the large quantity of orders. It is a model that can satisfy all the people: the customers, product sellers and the Groupon company. However, this business model is easy to imitate. It does not required high technology or unique skills to set up the business. Many internet companies, such as Google and Amazon, have stepped in this market. They have established similar business services. Those competitors are attempting to grab market share from the leader, Groupon. For example, Google has set up its own online group buying websites, Google offer, and released more attractive offers by lowering the price than the similar products or services on Groupon. Therefore, customers have more choices of online group buying providers. Customers are able to find better products from Groupon’s competitors. With intensive competition, Groupon needs to consider how to maintain its market share and how to improve its services to attract more return customers in the short run. We will write a custom essay sample on Groupon or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the long run, the company needs to think about how to improve the business model to make it more competitive. Alternatives Groupon could start a customer loyalty program to cultivate a high loyalty customer group. The company could build an award system for the program. The customers could earn certain points when they purchase the products. If they have achieved enough points, they could redeem those points to purchase new deals. The customers would spend more using this incentive because the customers could get more benefit if they shop more. The company could encourage its customer to keep shopping on its website and maintain the market share. But the reward system is easy to copy. Finally, the company has to choose whether to give more rewards than its competitors. Groupon could lose profits by giving away more benefits to the customers. Groupon could differentiate its service by sending customized offers. The company could require its customers to fill out preference information when they sign up for the website. The customers could get the customized deals regularly by emails. This strategy could periodically provide the customers with discounted services and products that they are interested in. But the process for the personal information may make the customers uncomfortable with it. Plan of action The company should choose the second alternative. By collecting the personal information, the company is able to analysis its customers’ needs in a more precise way. The company can build huge customer data base to find right products for the customers. The company could give special discount if the customer s can submit their preference information.

Wednesday, December 4, 2019

Essay Examples on Causes of the Russian Revolution Essay Example

Essay Examples on Causes of the Russian Revolution Paper 1st Essay Sample on Causes of the Russian Revolution Throughout global history, there have been major social, economic, and political revolutions. In Russia, these revolutions have a variety of complex causes and often have a vast impact on the lives of the people involved. First, social change was a major cause of the revolution and had a vast impact on the Russian people. Under the rule of the czar, the Russian people were treated horrible. The Russian social class was divided into two social classes into the serfs who are peasants and then the very rich. Peasants moved to the city and found new industries. They worked very long hours and their pay was very little. Most of them lived in slums that were nest of poverty and diseases. Also due to the fact that the czar ruled a vast and diverse place, he maintained a strict control over the people under the policy of Russification which meant that everyone had to act Russian. Another complex cause to this revolution is that the czar neglected his duties as a ruler. Czar Nicholas II main focus was to make the economy better and didn’t pay attention to the needs of the people. Many families were not able eat because everything was so high priced and their pay was too little to afford it. . In Animal Farm by George Orwell, the owner of the farm, Mr. Jones is supposed to represent Czar Nicholas II because he neglected his duties as a farmer and did not feed the animals and the animals rebelled against Mr. Jones and kicked him out. We will write a custom essay sample on Essay Examples on Causes of the Russian Revolution specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Essay Examples on Causes of the Russian Revolution specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Essay Examples on Causes of the Russian Revolution specifically for you FOR ONLY $16.38 $13.9/page Hire Writer However, life after the czar’s abdication was much better under the rule of Lenin. As promised, Lenin signed the Treaty of Brest-Litovsk with Germany although it meant that Russia lost vast amount of land. Land was redistributed, the Bolsheviks took the land from the owners and gave it to the peasants and factories were handed over to the workers’ committee. 2nd Essay Sample on Causes of the Russian Revolution The Russian revolution was caused by the continual breakdown of the governments in Russia and the incompetency and authoritarian views of it’s czars. Their failures as leaders included policies that neither pleased nor benefitted the people. By the end of the nineteenth century, Russia’s economy, government, military, and social organization was at an extreme decline. Russia had become the least advanced of the major European nations in terms of political and social development. There was no parliament, and no middle class. The Church, officers, and other important people and institutions were firmly against social progress. The disastrous defeat of Russia in the Crimean War in 1855 and 1856 exposed weaknesses of Russia’s various For thefirst few decades of the 1800’s, Russia’s outlook was brighter under Alexander I, who was relatively liberal. He became more reactionary however, and following his death, a group of young army officers tried to overturn the Czardom. This was called the Decembrist Revolt. The next czar, Nicholas, was a die hard authoritarian. The Administrative system continued to decay regardless of his iron fisted rule. The gap between the rich and the poorer continued to widen. Over five hundred peasant revolts took place during his reign. Alexander II, who took the throne in 1855 tried to avert revolt by attempting reform. In 1861 he freed the serfs and gave them expectations of free land allotments. But to their surprise, and anger, they were only given the opportunity to share it as members of a village commune(mir). In addition, the mir had to pay back the government for the land over a period of 49 years with interest. Alexander also formed a series of elected local councils that gave districts restricted jurisdiction of certain aspects of life.

Wednesday, November 27, 2019

Battle Royal Essays - Nigger, Profanity, , Term Papers

Battle Royal The narrator of "Battle Royal," lived his life under the illusion that everybody had an equal chance in life. He desperately wanted and tried to please everyone, thinking that if he did he would eventually rise and become somebody great. He was a great speaker and his speeches won him great recognition, but he did not realize that nobody took him seriously. He was trapped in a body of inferior qualities and would never amount to anything. The setting of "Battle Royal," was recently after slavery had been abolished. A time where blacks were free, but looked upon and treated with less than equality. The narrator was praised by the whitest of white men in the town, and looked upon as an example of desirable conduct. What he did not understand was that they did not think any more of him than any other black man, he was just another nigger to them. The magnificent blonde that paraded around the middle of the boxing ring was more than just amusement. This was everything that these black men wanted, but would never have. She represented the American dream of power, wealth, and fame. The narrator knew he could never have her, but he looked anyway. "Had the price of looking been blindness, I would have looked." Pg198. The author had devoted his life to pleasing the white men, so he could speak, to be somebody, but he would never amount to anything. He was their toy. The "Battle Royal," itself was a thorough example of the power that the white man had over the blacks. All ten of the boys were made to go through acts of humiliation before and after they had fought and made to wear blindfolds during the actual fight. The boys were degraded and humiliated throughout the whole event and didn't once think that they were being mistreated. They were scared of the white men and what might happen if they did not cooperate. The boys had been brought in to fight for the men and be nothing more than an amusement. After the fight was over the boys were led to an electrified rug, covered in piles of money, which they were told was to be their reward. There appeared to be quite a sum of coins, crumpled bills, and gold pieces, which turned out to be next to nothing considering the gold pieces were actually brass advertising tokens. The boys had been misled, lied to, and physically abused, but never spoke out against the white men once. The white men knew the could do whatever they wanted and they did. A few days after the fight the narrator had a dream that he and his grandfather were at the circus. "...I dreamed that I was at the circus and that he refused to laugh at the clowns no matter what they did." Pg. 205. This dream was an image of what had happened that night at the "Battle Royal." He was one of the white men sitting in the crowd looking at what had been him and the other boys which were represented by the clowns. His grandfather was trying to show him what he had really looked like that night in the ring. Then he opened his briefcase to read what was inside. He opened the envelope stamped with the state seal only to endlessly find envelope after envelope. His grandfather explained to him that these envelops represented years of his life. Finally the last envelope contained a letter which read, "To Whom It May Concern, Keep This Nigger Boy Running." Pg. 205. This letter represented what the white man wanted for him. They wanted him to become educated and to eventually le ad his people. They figured that they could keep him busy leading his people in circles. To keep them ever chasing their dreams to which they would never catch up with. The narrator had lived his whole life chasing his dreams and continually ignoring the reality of his situation. He thought the white men were helping him to achieve his goals and eventually he would get to where he wanted to be. What he did not realize was that he was doing everything the white man wanted him

Sunday, November 24, 2019

Ahmed Sékou Touré Biography

Ahmed Sà ©kou Tourà © Biography Ahmed Sà ©kou Tourà © (born January 9, 1922, died March 26, 1984)  was one of the foremost figures in the struggle for West African independence, the first President of Guinea, and a leading Pan-African. He was initially considered a moderate Islamic African leader  but became one of Africas most oppressive Big Men. Early Life Ahmed Sà ©kou Tourà ©s was born in Faranah, central   Guinà ©e Franà §aise (French Guinea, now the Republic of Guinea), near the source of the River Niger. His parents were poor, uneducated peasant farmers, though he claimed to be a direct descendant of Samory Tourà © (aka Samori Ture), the regions 19th-century anti-colonialist military leader, who had been based in Faranah for a while. Tourà ©s family were Muslim, and he was initially educated at the Koranic School in Faranah, before transferring to a school in Kissidougou. In 1936 he moved on to a French technical college, the Ecole Georges Poiret, in Conakry, but was expelled after less than a year for initiating a food strike. Over the next few years, Sà ©kou Tourà © passed through a series of menial jobs, while attempting to complete his education through correspondence courses. His lack of formal education was an issue throughout his life, and his lack of qualifications left him suspicious of anyone who had attended tertiary education. Entering Politics In 1940 Ahmed Sà ©kou Tourà © obtained a post as a  clerk for the   Compagnie du Niger Franà §ais while also working to complete an examination course which would allow him to join the Post and Telecommunications Department (Postes, Tà ©là ©graphes et Tà ©là ©phones) of colonys French administration. In 1941 he joined the post office and started to take an interest in labor movements, encouraging his fellow workers to hold a successful two-month long strike (the first in French West Africa). In 1945 Sà ©kou Tourà © formed French Guineas first trade union, the Post and Telecommunications Workers Union, becoming its general-secretary the following year. He affiliated the postal workers union to the French labor federation, the Confà ©dà ©ration Gà ©nà ©rale du Travail (CGT, General Confederation of Labor) which was in turn affiliated to the French Communist party. He also set up French Gunieas first trade union center: the Federation of Workers Unions of Guinea. In 1946 Sà ©kou Tourà © attended a CGT congress in Paris, before moving to the Treasury Department, where he became the general-secretary of the Treasury Workers Union. In October that year, he attended a West African congress in Bamako, Mali, where he became one of the founding members of the Rassemblement Dà ©mocratique Africain (RDA, African Democratic Rally) along with Fà ©lix Houphouà «t-Boigny of Cà ´te dIvoire. The RDA was a Pan-Africanist party which looked towards independence for French colonies in West Africa. He founded the Parti Dà ©mocratique de Guinà ©e (PDG, Democratic Party of Guinea), the local affiliate of the RDA in Guinea. Trade Unions in West Africa Ahmed Sà ©kou Tourà © was dismissed from the treasury department for his political activities, and in 1947 was briefly sent to prison by the French colonial administration. He decided to devote his time to developing workers movements in Guinea and to campaign for independence. In 1948 he became the secretary-general of the CGT for French West Africa, and in 1952 Sà ©kou Tourà © became secretary-general of the PDG. In 1953 Sà ©kou Tourà © called a general strike which lasted for two months. The government capitulated. He campaigned during the strike for unity between ethnic groups, opposing the tribalism which the French authorities were promulgating, and was explicitly anti-colonial in his approach. Sà ©kou Tourà © was elected to the territorial assembly in 1953 but failed to win the election for the seat in the Assemblà ©e Constituante, the French National Assembly, after conspicuous vote-tampering by the French administration in Guinea. Two years later he became mayor of Conakry, Guineas capital. With such a high political profile, Sà ©kou Tourà © was finally elected as the Guinean delegate to the French National Assembly in 1956. Furthering his political credentials, Sà ©kou Tourà © led a break by Guineas trade unions from the CGT, and formed the Confà ©dà ©ration Gà ©nà ©rale du Travail Africaine (CGTA, General Confederation of African Labor). A renewed relationship between the leadership of the CGTA and CGT the following year led to the creation of the Union Gà ©nà ©rale des Travailleurs dAfrique Noire (UGTAN, General Union of Black African Laborers), a pan-African movement which became an important player in the struggle for West African independence. Independence and One-Party State The Democratic Party of Guinea won the plebiscite elections in 1958 and rejected membership in the proposed French Community.  Ahmed Sà ©kou Tourà © became the first president of the independent republic of Guinea on October 2, 1958. However, the state was a one-party socialist dictatorship with restrictions on human rights and suppression of political opposition.  Sà ©kou Tourà © promoted mostly his own Malinke ethnic group rather than maintaining his cross-ethnic nationalism ethic. He drove more than a million people into exile to escape his prison camps. An estimated 50,000 people were killed in concentration camps, including the notorious Camp Boiro Guard Barracks. Death and Legacy He died  March 26, 1984, in Cleveland, Ohio, where he had been sent for cardiac treatment after becoming ill in Saudi Arabia. A coup detat by the armed forces on April 5, 1984, installed a military junta that denounced  Sà ©kou Tourà © as a bloody and ruthless dictator. They released about 1,000 political prisoners and installed  Lansana Contà ©Ã‚  as president. The country was not to have a truly free and fair election until 2010, and politics remain troubled.

Thursday, November 21, 2019

Sarbanes-Oxley Act of 2002 Essay Example | Topics and Well Written Essays - 250 words - 1

Sarbanes-Oxley Act of 2002 - Essay Example Public companies are demanded to set internal control structures to guarantee the quality and accuracy of financial reports in order to enable investors make informed decisions on which investments decisions they should undertake. Public companies are therefore needed to have independent board of directors to provide oversight and develop and assess internal controls systems. Secondly, the act has stipulated the standards and manner in which auditors should carry their mandate by ensuring that their independence is not impaired and that members of the audit engagements do not have conflict of interests (Pain & Karmakar, 2007). It further restricted audit firms from providing non audit services that are likely to interfere with their objectivity. In addition, the act has placed the responsibility of ensuring accurate and complete financial reports on senior management. The act specifies the responsibility of senior management on the validity and accuracy of the financial reports and outlines the interaction between board audit committees and the external auditors. Moreover, Sarbanes Oxley highlights the enhanced financial disclosure requirements for the financial results (Pain & Karmakar, 2007). Public companies are required to disclose off balance sheet transactions and beef their reporting. Significant changes in the assumptions and conditions should further be disclosed. Likewise, the act mandates security analysts, directors and auditors to declare their conflict of interest before accepting to provide financial services to public companies. Equally stipulated in the act are the penalties preferred for destruction, manipulation and alteration of financial records with an objective of misleading the public in order to make financial gains. It recommends sentencing and incorporates failure to certify financial reports as an

Wednesday, November 20, 2019

Outline why can change be a problem for organisations Essay

Outline why can change be a problem for organisations - Essay Example rganizations’ strategies as well as structures guarantee that the company is present and willing to do more than just provide products and services to the end consumers. It wants to make the people realize that the company is there and wants to do its very best by tailoring its strategies in such a manner that can only benefit them nonetheless. A company or an organization without the target people is nothing more than an office set up with employees and employers working for no one, at the end of the day. Also the fact that organizations need to evolve over a period of time is testimony enough for them to grow within themselves and thus adopt and hold on to a new path altogether, one that will be their torchbearer as well as reap rich dividends for them not only in the present times but also in the future. These strategies are so much in alignment with the future goals and tactical perspectives that they fulfill what is really expected of them, both in terms of short term expectations as well as the long run. Planning is thus the key word here and for any multinational to succeed in the long run, it is of paramount significance to have a safe and sound plan ready and not only that but also be proactive in its approach towards the accomplishment of the plan nonetheless. (Shiplett, 2000) The basis of all strategies and structural changes that usually happen from time to time is on the shoulders of the top management where they have to decide whether or not the adopted strategy be the source of light in the coming quarters or years for that matter. It is only upon their insistence to have the same within their ranks that the new strategic planning is done in the first place. If the top management is not ready, it is very difficult for the knowledge organization, which really is the middle management of present times, to do even an iota of struggle. The multinationals for that matter depend a lot on the parental concerns, which at times, might be located off

Sunday, November 17, 2019

Academic Cultur in the movie Essay Example | Topics and Well Written Essays - 250 words

Academic Cultur in the movie - Essay Example Then, there is the point when Mike and Sulley are failed in the final exam by the Dean who claims that Sulley is not serious in his studies, and Mike does not have the qualities of a scarer. The aspects of academic integrity in the movie are shown when a team is disqualified after it violates rules in the Scare Games. This enables the Oozma Kappa team, of which Mike and Sulley are members, to advance despite having finished last in that particular round of the challenge. The academic culture at Monsters University is synonymous to universities today since students are expected to take their studies seriously in order to earn their grades. Integrity is also a serious issue because just like a team was disqualified after violating rules, students in universities today are penalised for cheating in exams. Further, in universities today, students join fraternities that supplement their major

Friday, November 15, 2019

Economic Profiles of Arab Countries

Economic Profiles of Arab Countries QATAR Qatar has been ranked as the world’s wealthiest country on a new list compiled by the prestigious US. Qatar has 2,051 million people, the majority of whom (about 90%) live in Doha, the capital. Qatar is the 146th most populated nation , age structure 0–14 years: 21.8% (male 92,896/female 87,201) 15–64 years: 76.8% (male 451,127/female 182,330) 65 years and over: 1.4% (male 6,545/female 4,690) (2008 est.) with a GDP of 181.7 Billion per capita of ~102,700USD. Sharing the same Arabic language presents an advantage for ANB to enter Qatar. The country’s population is growing by an average of 1.093% (2008 est.) Petroleum the cornerstone of Qatar s economy accounts for more than 70% of total government revenue, more than 60% of GDP, and roughly 85% of export earnings Oil has given Qatar a per capita GDP that ranks among the highest in the world. Qatar is now the richest country in the world caused by a rising global oil demand which helped current GDP per capita to expand 94% in the Nineties. Income distribution in the country is relatively balanced, with a majority (70%) in the middle class, The economy is expected to grow at a healthy rate of 5% for the coming years. Qatar 2022 FIFA World Cup bid is the successful proposal from the government of Qatar to host the 2022 FIFA World Cup. Qatar will be the first Arab state to host the World Cup. Qatar promoted their hosting of the tournament as representing the Arab World, and has drawn support from across the member states of the Arab League. They also positioned their bid as an opportunity to bridge the gap between the Arab World and the West. Furthermore, people coming from different nations visited Qatar for this match and strengthened the image Qatar would depict of their interest in the World Cup 2022. Additionally, Qatar hosted the 2011 Asian Cup . With a fast-expanding population and substantial economic growth over the past decade, a reliable and extensive transportation network is becoming increasingly necessary within Qatar. So far the government, the primary transport developer, has done well in terms of keeping up with demand for new transportation options. In 2008 the Public Works Authority (Ashghal), one of the bodies that oversees infrastructure development, underwent a major reorganization in order to streamline and modernize the authority in preparation for major project expansions across all segments in the near future. Ashghal works in tandem with the Urban Planning and Development Authority (UPDA), the body that designed the transportation master plan, instituted in March 2006 and running to 2025. As driving is the primary mode of transport in Qatar, the road network is a major focus of the plan. Project highlights in this segment include the multibillion-dollar Doha Expressway and the Qatar Bahrain Causeway, which will connect Qatar to Bahrain and Saudi Arabia and is considered a milestone in regional interconnectivity. Mass-transit options, such as a Doha metro, light-rail system and more extensive bus networks, are also under development to ease road congestion. In addition, the railway system is being significantly expanded and could eventually form an integral part of a GCC-wide network linking all the Gulf states. once all projects are up and running Qatar will have one of the most advanced and modern transport infrastructures in the region, it will be an opportunity and a niche market for ANB BAHRAIN Bahrain has a very small population of ~1.3 Million, of which more than 50% are non-nationals, with a relatively high GDP ~27,000USD. The middle aged population (30-64yrs) including non-Bahrainis is around 48%. Bahrain has the first post-oil economy in the Persian Gulf because the Bahraini economy does not rely on oil. Since the late 20th century, Bahrain has heavily invested in the banking and tourism sectors. The countrys capital, Manama is home to many large financial structures. Bahrain has a high Human Development Index (ranked 48th in the world) and was recognized by the World Bank as a high income economy. Bahrain was designated a major non-Nato ally by the Georges W. Bush administration in 2001. Bahrain has the fastest growing economy in the Arab world, Bahrain also has the freest economy in the Middle East and is twelfth freest overall in the world . In 2008, Bahrain was named the worlds fastest growing financial center by the City of Londons Bahrains banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil. Petroleum production and processing account is Bahrains most exported product, accounting for 60% of export receipts, 70% of government revenues, and 11% of GDP . With its highly developed communication and transport facilities, Bahrain is home to a number of multinational firms and construction proceeds on several major industrial projects. OMAN The current GDP is $78.11 billion, expected real GDP growth of 4.5 per cent in 2013 and 4.0 per cent in 2014. Current GDP per capita has expanded continuously in the past 50 years. It grew 339% in the 1960s reaching a peak growth of 1,370% in the 1970s scaling back to modest 13% growth in the 1980s and rising again to 34% in the 1990s. Officially called the Sultanate of Oman . It has a strategically important position at the mouth of the Persian Gulf. From the 17th century, Oman had its own empire, Unlike its resource-rich neighbors, Oman has modest oil reserves, in 2010 the UNDP ranked Oman as the most improved nation in the world in terms of development during the preceding 40 years. Additionally, Oman is categorized as a high income economy and ranks as the 45th most peaceful country in the world. Omans Basic Statute of the State expresses in Article 11 that the national economy is based on justice and the principles of a free economy. Omani citizens enjoy good living standards, but the future is uncertain with Omans limited oil reserves. Other sources of income, agriculture and industry, are small in comparison and count for less than 1% of the countrys exports. Oman has a very diversified economy . Since Jan 2009 Oman has a free trade agreement with the United States , eliminating tariff barriers on all consumer and industrial products, also providing strong protections for foreign businesses investing in Oman. The total population is 2,773,479 and of those, 1,957,336 were Omanis. 43% of the population is under the age of 15. About 50% of the population lives in Muscat and the Batinah coastal plain northwest of the capital; about 200,000 live in the Dhofar (southern) region, and about 30,000 live in the remote Musandam Peninsula on the Strait of Hormuz. Omans economic growth plunged to 2.8 per cent in nominal terms in 2013. In April, the International Monetary Fund estimated in its World Economic Outlook that the non-OPEC crude exporters economy expanded 5.1 per cent in 2013 when adjusted for inflation, slightly outperforming a 5.0 per cent rise in 2012. Expected economy growth 4 to 5 per cent this year, underpinned by stable oil prices and the billions of dollars spent on major projects in the past two years. Last years slowdown in nominal growth was mainly due to a 1.4 per cent fall in the oil sector, which accounts for nearly 46 per cent of Omans $80 billion economy and had seen a 10.7 per cent jump in nominal terms in the previous year. KUWAIT Kuwait one of the richest Arab countries, and has a population of 2,695,316. includes 1,291,354 non-nationals. Population growth rate by 1.79% and this rate reflect a return to pre-Gulf crisis immigration of expatriates. Urban population 98.3% of total population . Age structure 0–14 years: 25.8% ,15–64 years: 72.2% , 65 years and over: 2% Kuwaiti citizens accounted for 40% of Kuwaits total population in 2011 the rest is foreigners. The government and people of Kuwait consider the high level of immigrants to be a problem. This led to the announcement in 2013 that Kuwait will reduce the number of expatriates by deporting 100,000 expats annually over the next 10 years. A recent proposal by a Kuwaiti lawmaker restricts all expats to only five years residence in Kuwait, all expats will be deported after living 5 years in Kuwait. Kuwait also banned expatriates from driving. Kuwaits economic freedom score is 62.3 making its economy the 76th freest in 2014 index, with a GDP 151$ billion with a 5.1% growth 39,889 per capita . the unemployment rate is 2.1% Kuwait holds the world’s sixth biggest proven reserves of oil and oil extraction accounts for 40% of GDP . The strategic location of Kuwait and geopolitical turbulence in the region helped foster economic prosperity in Kuwait. Kuwait became wealthy due to Basras instability. It was estimated that Kuwaits sea trade reached 16 million Bombay rupees by 1800, a substantial amount at that time. Economic prosperity during the late 18th century attracted many immigrants from Iran and Iraq to Kuwait. Kuwaits pre-oil population was ethnically diverse.

Tuesday, November 12, 2019

Energy and the Environment: Fossil Fuels Essay -- Environment Environm

Energy and the Environment: Fossil Fuels Fossil Fuels are one of the most important things on this planet to the human race. Without fossil fuels we wouldn't have today's current means of transportation, we would have less heating for the general population, energy uses would be more expensive, and overall the economy and the world would not be able to sustain themselves. Even still, the fact that fossil fuels are on this planet will never change, but how we use them and what impacts their use has will always be an issue. Even though fossil fuels provide for the most percentage of energy usage in the world, there is still the issue of pollution and other environmental impacts. Just oil and natural gas alone provide for more than 60 percent of the energy consumed in the United States (US Dept. of Energy). With this amount of fossil fuel usage taking place, and the fact that burning, transporting, recovering, and processing fossil fuels creates pollution, one can see how much total damage that is occurring on a daily basis. Some of the many environmental impacts from the result...

Sunday, November 10, 2019

Game theory in setting quantity oligopoly Essay

           Game theory is a formal study of conflict and cooperation in economics. In fact, it is usually concerned with predicting the real outcome of the games of strategy where the potential individuals have incomplete awareness about the others’ plans. The game theoretic concepts usually apply whenever the actions of several agents are interdependent. Probably, these agents are either, groups, individuals or firms. The concepts of game theory give a language to prepare a structure, analyze, and comprehend deliberate scenarios.          Game theory has straight relevance to the study conduct of the venture as well as the performance of the firms in oligopolistic markets. A good approach is the decisions that companies takeover pricing and levels of production. Also, how much money needs to be invested in research and development expenditure (Binmore, 1993).          Oligopoly is a type of imperfectly competitive markets. It has only a few sellers, provide a related or identical product to the buyers in the market. Collusion in economics is simply an agreement of two or more firms with an aim to exclude a couple of competing companies in the market so that may obtain high profits. It is clearly that competition in the oligopolistic markets reduces accelerating the performance of that collusion. For that reason many firms quit the marketing operations enhancing profitability to the relating competitors hence deteriorating their economic decisions. This results to complete dissolution of the firms. The output of the collusion increases since most of the firms have quit the market; others loosen their momentum to adhere to the upcoming changes launched in by the oligopolistic markets (Mertens, 1994). As a matter of fact, this becomes advantageous to the remaining firms in the market (Thomas, 2003).             It is noted that collusion is a characteristic trait of oligopolistic firms. Stiff competition and interdependent decision-making encourage oligopolistic firms to cooperate. In fact, one way to lessen the oligopolistic rival is joined together and meets targeted forces forming collusion. There are two main types of collisions in an oligopolistic market. Exclusively, include explicit collusion and implicit collusion. Explicit collusion is a type of collusion which has more two than firms in the same industry. It is formally agreed to control the market force on their own way whereas implicit collusion also more than two firms in the same business but informally they have the similar outlook in the market, habitually with nothing more than interdependent (Binmore, 1993).The price collusion is a form of criminal offense since several firms work as a team so as to keep the price of commodity high with an aim to receive huge income. The relating firms involved necessar ily try to chase out their competitor. History and impact of game theory          In 19th century, game theory was first discovered by one of the early inventors. Consequently, in 1838, the first publication was done by Antoine Cornet. In broad spectrum, he came up with well-formulated researchers on the Mathematical Principles of this kind of theory basing on wealth. He went further to illustrate more on the principles of the publication relating to the game theory. Notably, he tried to explain the underlying rules constituting the actual behavior of the duopoly in the discipline. Even though this publication was associated with the theory of Games and Economics character in 1944, it had the latest principles of game theory that were formulated in it. The game theory has been greatly applied to the behavior of producers with few or one competitor. This perspective of the game theory was conceived by Von Neumann in 19th century.          In macroeconomics, oligopolistic markets are characterized by a few, large firms and its differences from the other market structures as stated above. It is noted that more competitive markets in the firms are of smaller size and its firm’s behavior have slight or no effect on its close competitors. Besides this oligopoly markets changes its output, enlarge into a new market, provides modern services and even advertize. This will have a consequential impact on the market competitors, therefore, increasing the profitability. This enhances more power in the market operation hence deviating losses had to be encountered. For this reason, the firms in oligopolistic markets are always considering the act of their competitors when implementing their economic decisions. The oligopolistic owners strictly tackle any leakages in their market so that they may attain their set goals and formulated objectives. Information exchange in collusion         In broad spectrum, information is an essential tool in planning to come up with mature and complete mechanization of the involving firms. Basing this argument on the game theory, it is realized that in decision making, information is significantly employed. For that reason, a successful collusion in the oligopoly market has sophisticated means on how to underlie its perspectives in a manner that no rival firm come to know. Therefore, crude ideas empower any collusion with a vision to reduce their competitors in the market. Advances in economic theory have enabled the economists to set competitive distinctions between different types of information exchanged between the firms. The required beneficial effect on the consumers and potential side-effects for competition depend on the nature and characteristic of the information that exchanged and also the type of competition in the market. Therefore, it should be known that firm owns the secret in the industry such as firmâ €™s prices, sales, cost demand and other parameters.According to game theory, the competitors are not supposed to get any of this secretive information. Competition authorities are strictly suspicious when information is conveyed especially about prices and quantities because this information is normally significant for monitoring deviations from collusive arrangements and hence empowering collusion. Mostly exchange of information on the cost and demand is seen in another dimension and more favorably. However, information about the prices and quantities is used to convey information about the cost or demand in collusion. For instance, when the firms share information on the past or current prices and quantities inform other players about the demand in the market. This enables their rivals to obtain inferences on how to predict the future period which is against the game theory. Notably, this will weaken their collusion that later on begins to deteriorate in their existence in th e market. As a matter of fact, demand and cost information is useful since is the central element for predicting future demand.               Effective collusion needs good coordination that is well supported by the exchange of information about their plans. This monitors the performance of the collusion in some days to come. In so doing, their rivals will be unable to out-compete them. They become prominent in the market achieving their set goals and objectives. The aggregated information determines whether the collusion will succeed or not. This depends on how the decision making is done. The aggregated information means anonymous or individualized information. Probably, such information may be valuable to the firms. Therefore, it is necessary to know who or where a certain estimate has been made or whether it is enough to comprehend the private signals in the entire industry. In addition, information can be either private or public. The effects of information exchange extremely differ depending on whether the information is made public or kept private, especially in the industry that exchange inf ormation. The game theory does not support exposure of the firm’s intentions. Definitely, they try it, their rival players will come up with the newest perspectives to out-compete them. Therefore, this should be done privately for future success (Thomas, 2003).          It realized that if the information does not give rise to competition distress it will be definitely positive to welfare. Indeed, the usefulness from information exchange is large compared to its demerits. There are quite number of the ways in which information exchange is useful in the welfare. Information exchange is a great part of the discovery mechanism in the industry economy. This implies that through exchange of information in between the formed collusion encourages expansion of the market economy. It also improves investment decision and organization learning. It is only through information where collusion members come up with complete ideas to uplift their set goals. Information exchange also results to output adjustments and lowering search costs in the firm. In the world, information is really required about the demands and rival activities. Notably, the firms would have to become accustomed to the changing circumstances by a trial and error process. Inform ation exchange is a great tool in playing the role of uplifting market economy in collusion hence output in the firms. Impact of rational behavior in collusion            Rationality is one way of decision-making practice wherein a firm exercises prudent choice making that gives it a maximum amount of benefit. Rational behavior usually facilitates decision making that is not productive in collusion. But it only strives to achieve benefits that are mostly achievable in nature. This usefulness can be either monetary or non-monetary. The word monetary stands for finance activities whereas non-monetary is associated with non-financial activities in a company. Therefore, any successful firm considers the following perspectives. This kind of decision making may not possible return materially to the firms at that moment on (Chatterjee, 2014). Therefore, rational choice theory is an economic principle. It states that firms make prudent and logical decisions so as to attain a complete satisfaction in the firm due to its abundant benefits.            The output of collusion increases over time due to changes made in by the decision makers. The identified plans that based on rational behavior usually alter operation of oligopolistic market. Operations may greatly expand performance of the company undermining its valuable transactions. When the collusion need to uplift its operation have to be economical on the way do operate their activities so that can observe a slight differences. Notably, some measures need to be employed to overcome its competition from its rivals. The firms recruit innovative and competent staffs to invest great fortune in the organization.            Competent economists formulate ideas flourishing functionality of the collusion hence uplifting profits, quantity, and its dignity. This shows how game theory is significantly applied in the oligopolistic market basing on the rational behavior. It is preferably considered as a means of competition through decision making. This scares rival players in the market such that are unable to operate their firms. Due to this condition, many firms in the markets are readily to be dissolved. The cause of this is just continuous losses experienced on every end fiscal year resulting to dissolution.             According to game theory, rational behavior is greatly a crucial tool required to make decisions that are needed to eliminate relating firms in the market. Most importantly, competing firms’ quantity reduces as well as its income accelerates due to well-played game theory in the oligopolistic market. Mainly rationality has a positive impact to the prudent collusion. Therefore, game theory is correlated to rationality behavior as far as decision making is concern in an oligopolistic market as mentioned earlier. Only that rational behavior is conditions suitable for accomplishing this specified theory (Mertens, 1994). Even though, participating firms can employ it, frequently is determined by competency of the collusion. Impact of time horizon in the collusion             In economics, time horizon is also referred to as a planning horizon, is a fixed point of time in the future at which some activities will be evaluated. It is noted that is specified a time when all planned activities or processes are supposed to terminate. Therefore, time horizon is a vital condition to any successful stakeholders. It enhances a strict time layout on how to operate your business transactions before targeted deadline. This minimizes time wastage and considers it as a significant factor in implementing business laws. Actually, the set objectives and underlain goals, with the cooperation of competent experts in business, are easily achieved. Time horizon has optimum benefits to those who put it into consideration.             Collusions have unique pathways on how they operate their organizational activities. Additions to that have business ethics for guiding set goals to reach its financial year and attain them. For a successful collusion, time horizon is much in demand to eradicate other firms out of the market. Especially, it needs strictness so that the set firm’s goal is accomplished on reaching time horizon. It confers bright future to competing firms enhancing increased output in the collusion. Time horizon sharpens performance of the most firms with an aim to make more profits in their organizations. Similarly, time horizon is a beneficial condition on practicing game theory in an oligopolistic market. It creates immense difference in the industry. The time horizon can be a month, a week or a year depending on the decision of the firm (Mertens, 1994).Broadly, time horizon is a viable and secret â€Å"tool† that empowers collusion to diminish performance of its riv als in the industry. Eventually, it becomes determinant condition in collusion leading the business to enjoy huge profits and crude output. Collusion lowers its products’ price encouraging more sales whereas its rivals remain constant to the initial price. Cost is usually lower hence encouraging more sales due to high demand. The collusion stagnates in the same price until time horizon comes. At that planning horizon, several firms would have left the industry enabling collusion with uncompetitive environment to work on (Chatterjee, 2014). Conclusion             In broad spectrum, game theory deals with decision making that reinforce competition perspectives in the market. It is kind of a game whereby participating individuals hide their intentions purposely to win over the other. In this case, information, rationality, and time horizon are determinant conditions that boost succession of collusion in an oligopolistic market. It signifies that to acquire viable benefits in the market has to employ well-formulated conditions.Therefore, cost, demand, and quantity differ from relating firms in the industry. Strictly, collusion tries to lower its prices with an aim to increase its output and eliminate the number of firms in the industry. Similarly, quantity in the industry increases with increased prices from other firms. Due to that reason number of consumers in those firms reduces joining newly formed collusion. This enforces rivals to reduce its prices of their products leading to uncountable losses hence leading to collaps ing of many firms. The collusion succeeds its target of eliminating other firms from the industry henceforth starts enjoying oligopolistic benefits including profits. Reference Binmore, K. (1993). Frontiers of game theory. Cambridge, Mass. [u.a.: MIT Press Telser, L. G. (1971). Competition, collusion, and game theory. London: Macmillan. Chatterjee, K., & Samuelson, W. (2014). Game theory and business applications. New York: Springer. Mertens, J.-F., & NATO Advanced Study Institute on ‘Game-Theoretic Methods in Economic Equilibrium Analysis’. (1994). Game theoretic methods in general equilibrium analysis: [proceedings of the NATO Advanced Study Institute on Game Theoretic Methods in General Equilibrium Analysis, Long Island, NY USA, July 1 – 12, 1991]. Dordrecht [u.a.: Kluwer. Thomas, L. C. (2003). Games, theory and applications.Voigt, S., & Schmidt, A. (2005). Making European merger policy more predictable. Dordrecht: Springer. Source document

Friday, November 8, 2019

How successful was the Paris Peace Conference Essays

How successful was the Paris Peace Conference Essays How successful was the Paris Peace Conference Paper How successful was the Paris Peace Conference Paper The Big Three, representative of the three winning country. President Woodrow Wilson represented the US, Prime Minister Lloyd George represented the Great Britain and prime minister Clemencies represented France. Five major peace treaties were prepared at t he Paris Peace Conference. They include the Treaty of Versailles for Germany, Treaty of Smattering for Austria, the Treaty of Unlikely for Bulgaria, Treaty of Titration for Hungary and the Treaty of Sverses for Ottoman Empire. Treaty of Versailles was the most harsh treaty. The Paris Peace Conference FAA to solve postwar problem. The US president Wilson issued his 14 Points in a speech. According to Wilson, the 14 Points mainly focused on his National S Determination and disarmament of countries. It created for maintaining a lass world peace. However, things did not go smooth under the influence of the to her Big Three. Britain and France agreed some of the points but with sign efficient reservations. The 14 points failed to meet its original aim dealing with the word old peace due to the selfishness of the leagues. Whats more, there were some limitations in the 14 Points. Under the National Self Determination principle, 4 old empires were gone and 8 new nation states were set up. However, they w ere too weak which caused the aggression of the nearby countries for the invasion Power vacuum in Europe rose. Moreover, for the defeated country, The Treat Y of Versailles was too harsh that even directly led to German aggression and WWW The settlement fueled German nationalism from resentment over her treaty .NET by the Allies in the treaty rather than bringing about everlasting stability and pea In addition, the Paris Peace Conference was dominant by the Big Three who o considered their own interests especially France. It failed to meet the other country interests such as Italy and China. It rose the public anger and brought HTH the rise of nationalism and the rise of totalitarianism. First of all, the 14 Points of Wilson was not fully adopted by the leagues. The ideology of the 14 points was to create a peaceful Europe. 14 points include deed open diplomacy, Freedom of the seas, Free trade, Reduce the military forces and weapons etc. However, Wilson was too idealistic. Some of the points which affected their interests were opposed by the other Big Three. For example, for denationalization, Britain and France said that only those ho were defeated should demoralize but not them because they were the winning countries. The Big Three discussed the treaty terms according to their own interests. Although the 14 Points was described to be impossible to be all carried out, but it was still a good indicator of the world peace. If the leagues discussed the treaty term by following strictly on the 14 Points, most of the conflicts in Europe afterwards could be avoided. Politically, the Paris Peace Conference created the power vacuum in Europe. Ender the 14 Points and the National Self Determination advocated b President Wilson of the US, 4 old empires were gone including Strangulation, German, Ottoman, and Russian empires collapsed. 8 new nation states were set up. However, since they were small and weak, countries nearby could easily annex them. The nearby countries aggression increased due to the power vacuum. Those weak new nation states attr acted the invasion FRR mom the aggressive countries such as Germany. Therefore the National Self Determination created power vacuum and destroyed the peace of Europe. In the terms of the treaty terms, the Paris Peace Conference contributed the most on Germanys revenge. The Treaty of Versailles for Germany was too harsh. Germany had to pay a very heavy reparation. Germany had to bear the sole war guilt which was unreasonable to the Germans. Also, the German army was to be restricted to 100,000 men who would be obliged to enlist for twelve years. But still, the warbling clause was the cause Of lasting resentment in Germany moor e than any other clause in the treat ¶y. The original aim of the Treaty of Versailles was to weakened Germany to avoid its aggression. But it failed to do so. A overhears treaty created a counteractive effect which ran in the opposite erection for what it supposed to be. The Paris Peace Conference led to the resentment of the Treaty of Versailles from the Germans and made them decide deed to revenge. Not only did the Paris Peace Conference failed to maintain peace, but it also intensified the tension among the European countries. Furthermore, the Paris Peace Conference led to the rose of extreme nationalism and totalitarianism. Since the whole Paris Peace Conference was almost dominated by the Big Three, the treaty terms for those defeated count r;sees were decided according to their own interests, some unfair treaties were cream Ted. Also, some territorial conflicts still existed which the conference was unable to solve. For example the Sandhog conflicts among Japan and China. The league even meet an secret agreement with Japan. Moreover, for Italy, it did not get I TTS promised land and it was also given no say during the Paris Peace Conference although it was one Of the willing allies. People were unsatisfied with the exist inning democratic government and this led to the rise of Fascism in Italy. Similar to Italy, the resentment of the Treaty of Versailles from the Germans showed the ineffectiveness of the Whimper Republic and the democratic rule. This led to the rise of Nazism in Germany. The rightist totalitarianism advocates expansion a ND national glory which is the opposite as maintaining the world peace. What is more, the ineffectiveness of the League of Nations emboldened the aggressive countries to keep on their expansion. After World War l, Woodrow Wilson presented his Fourteen Points to achieve world peace. Among these points was the suggestion of forming the League of Nations. This organization was to help member countries discuss with one another about pressing issue s. At the Paris Peace Conference in 191 9, the League of Nations was created. The League had a few successes but many more losses before its end when no members wished to meet any longer. The League of Nations basically ended up had no significant influence on dealing with countries issues. If the aggressive countries like Germany, Italy and Japan were given an inch, they wanted a mil Japan even quitted the League of Nations and continued its expansion. This showed the lack of influence of the League of Nations which was one of the consensus made during the Paris Peace Conference. Up till here, although the Paris Peace Conference was proved to be not ally successful in solving postwar problems, yet, it did created a good start of setting up the worlds first peace maintaining organization, The League of Nations which contributed ideas to the set up of the United Nations after II.

Wednesday, November 6, 2019

A Streetcar Named Desire - Scene Three Plot Summary

A Streetcar Named Desire - Scene Three Plot Summary The Poker Night Four men (Stanley Kowalski, Mitch, Steve, and Pablo) are playing poker while the ladies (Blanche and Stella) are having an evening out. Playwright Tennessee Williams describes the men as in the physical prime of their life; they drink whiskey and each of their shirts has its own bright, distinct color. Stanleys first line in this scene betrays his aggressiveness: STANLEY: Get yr ass off the table, Mitch. Nothing belongs on a poker table but cards, chips and whiskey. Mitch seems more sensitive than the other men. He considers leaving the poker game because he is concerned about his ailing mother. (An interesting point about Mitch: He is the only unmarried man in the group.) The Ladies Return Stella and Blanche arrive home at around 2:30 am. Intrigued by the gruff man and their poker playing, Blanche asks if she can kibitz (meaning that she wants to spectate and offer commentary and advice about their game). Stanley wont let her. And when his wife suggests that the men quit after one more hand, he roughly slaps her thigh. Steve and Pablo laugh at this. Again, Williams shows us that most men (at least in this play) are crude and hostile, and most women begrudgingly tolerate them. Mitch and Blanche Flirt Blanche briefly encounters Mitch, who is just emerging from the bathroom. She asks Stella if Mitch is a wolf, someone who will take advantage of her emotionally and sexually. Stella doesnt think that he would behave that way, and Blanche begins to wonder about Mitch as a romantic possibility. Mitch excuses himself from the poker table and shares a cigarette with Blanche. MITCH: I guess we strike you as being a pretty rough bunch. BLANCHE: Im very adaptable - to circumstances. She also talks about her career back in her hometown. She states, I have the misfortune of being an English instructor. (Personal note: Since I, too, am an English teacher, I find this line hysterical!) Blanche turns on the radio, hoping to dance with Mitch; however, Stanley (who has become increasingly enraged by Blanche and her distracting ways) throws the radio out the window. All Hell Breaks Loose After Stanley trashes the radio, fast-paced and violent action ensues: Stella calls Stanley a drunk - animal thing.Stanley beats Stella.Blanche screams My sister is going to have a baby!The men restrain Stanley and toss him in the shower.Blanche rushes Stella to the neighbors apartment. Within moments, Stanley, soaking wet and half-drunken. He suddenly realizes that Stella has left him. STELL-LAHHHHH!!!!! In this famous moment, Stanley stumbles out to the street. He begins to call for his wife. When she does not come down to him he begins to shout her name repeatedly. The stages directions indicate that he calls to her with heaven-splitting violence. Touched by her husbands desperate, animalistic need for her, Stella walks down to him. According to the stage directions, They come together with low, animal moans. He falls to his knees on the steps and presses his face to her belly. In many ways, this moment is the antithesis to the famed balcony scene from Romeo and Juliet. Instead of Romeo (as stage tradition holds) climbing up to his love, Stella walks down to her man. Instead of a romantic lead spouting eloquent poetry, we have Stanley Kowalski yelling at the top of his lungs, repeating only one name, like an ill-tempered boy calling for his mother. After Stanley carries Stella into their home, Blanche meets Mitch once again. He tells her not to worry, that the pair truly cares about each other. Blanche marvels about the confusing nature of the world and thanks Mitch for his kindness.

Sunday, November 3, 2019

Healthy food on the go chain companies at start up level Research Proposal

Healthy food on the go chain companies at start up level - Research Proposal Example Although the customer lost the case, it entailed negative publicity about MacDonald’s image causing serious damage that took time and huge amounts to repair. For some time, the company experienced drop in sales. In the past, fast food chains and restaurants continue to add healthier supplements to their recipes with success and sometimes with big misses. MacDonald’s for instance, flopped with its introduction of low-fat beef burger dubbed the McLean. Pizza on the other hand, failed with the addition of lower-fat pizza toppings in the Hut. Success started emerging with new entrants in the food industry such as EAT and Burger King started grilling chicken with much success. The company labeled the grilled chicken, BK Broiler now referred to as Tendergrill. People find it challenging to shop for healthy foods produced responsibly. Sometimes the labels are confusing and the lists of ingredients are complex with few directions on government regulations. It is challenging to people to identify true foods for families because the environment provides a tricky situation in most cases. Some fast food chains and restaurants take the initiative to provide reliably healthy foods that give priority to the health of their clients, the environment that they produce foods in, and producers. This is a family-owned coffee-roasting fast food located in the Pacific Northwest. The fast food offers sustainably and fairly produced foods and drinks to customers. The products benefit the consumers, the environment, as well as to the suppliers, a position taken by farmers. The company operates on the mission of supporting social equity and environmental sustainability using organic, trade, and shade-grown coffee. The health of the products offered by Grounds for Change restaurant is certified organic (Pinto, 2010, p. 42). Food materials come from farmers emphasizing on using

Friday, November 1, 2019

PTSD in War Veterans Research Paper Example | Topics and Well Written Essays - 1500 words

PTSD in War Veterans - Research Paper Example This paper will analyze several problems encountered by war veterans upon their return to the US, focusing on issues such as Post Traumatic Stress Disorder (PTSD), homelessness and unemployment. War veterans facilitate peace across the globe, but the ironic truth is that they usually have no peace in their lives after returning from missions and combat. Different nations handle war veterans differently; while some nations openly support their veterans via programs initiated by the government, other nations simply ignore their war veterans. Countries across the globe have distinctive holidays, traditions and ceremonies to honor their war veterans (Durboraw 51). For instance, UK’s Remembrance Day held on 11th November honors veterans who died during their service to either the nation or monarch. The US version of this holiday is Veterans Day. Many war veterans find it difficult to settle back in the US and adjust to ordinary life because of their experiences during military conf lict. This section looks at some of the principal difficulties encountered by war veterans after returning to the US. Post Traumatic Stress Disorder The consequences of active service in military or armed forces are sometimes intense and long lasting. Many veterans are subject to diseases and disorders that are directly associated with their military service. One such disorder is PTSD, an acute anxiety disorder, which develops after a person is exposed to an event that causes psychological trauma (Keane and Barlow 124). PTSD develops when persons (war veterans in this case) are exposed to events that threaten their lives or other people’s lives, or their psychological, sexual and physical integrity. Such events overwhelm the veterans’ capacity to cope thereby resulting in psychological trauma (PTSD). War veterans primarily face the problem of recounting their original traumas through recurring nightmares and flashbacks. In addition, these veterans also face other serio us difficulties such as increased arousal that results in sleeping difficulties, intense unwarranted anger, hyper vigilance and avoidance of elements associated with the traumatic experiences (Friedman 1288). As a result of the aforementioned symptoms and difficulties, war veterans’ social and occupational functioning, as well as other essential areas of functioning are adversely affected. According to medical practitioners, PTSD is classified under the cluster of anxiety disorders that are characterized by aversive experiences that are considered anxiety-related, behaviors and physiological responses that materialize from exposure to psychologically traumatic occurrence (Keane and Barlow 89). Many war veterans in the US suffer from PTSD at least 30 days after returning home. As a result of all these frequent posttraumatic stress symptoms, war veterans experience substantive disruptions in one or more of the essential areas of their life function. War veterans primarily exper ience high adrenaline responses during military combat, which result in PTSD. PTSD in war veterans results from such over-reactive adrenaline responses that make grave neurological patterns in the brain. These patterns persist long after the occurrence that elicited the fear, making the individual extremely responsive to potential fearful occurrences. As a result, veterans suffering from PTSD are unable to handle stress situations with a

Wednesday, October 30, 2019

American Independent day Essay Example | Topics and Well Written Essays - 1750 words

American Independent day - Essay Example The July 4, 1776 independence day is celebrated every year. During 1776, there were 2.5 million residents. In 2009, there were over 300 million Americans (Aloian, 2009). The people are reminded of their forefather’s gift to the currents 21st century American people. Annually, the American people celebrate the benefits of the American independence. The American Independence Day celebrates the present generations’ benefits generated from the brave 1776 residents of the 13 colonies. One scholar discusses one benefit of the American Independence Day, freedom to improve the communication among other residents in a democratic manner. The author describes how each person in a democratic society tries to improve the communication between two persons. It is an admitted fact that different people have different interpretations of certain words and actions. The journal article’s scholar classifies this as pragmatic failure (Moalla, 2013). The author performs the research on 30 speakers. The research was done in Georgia, United States. The speakers were students from the Kennesaw State University and the Catholic College. There were 30 respondent speakers. The respondents were made to take the Discourse Completion Test. The test determines the speakers’ reactions on certain everyday events (Moalla, 2013). The findings of the research show people interpret each message differently. The difference is brought about by the respondents’ cultural background. Twenty Tunisian students interpreted the compliments as rather insincere. This clearly shows that the students were more interested in the true message of the conversation. The 20 Tunisian students tried to decipher the real message behind the compliments. These same students tried to determine the truthfulness of compliments bestowed on them by the speaker (Moalla, 2013). On the other hand, the other ten students, American students, happily

Monday, October 28, 2019

Ljb Company Essay Example for Free

Ljb Company Essay Introduction LJB Company has asked the accounting firm to evaluate their system of internal controls because of the plan to go public in the near future. The president wants to be aware of any new regulations required of his company if they go public. The current system of internal controls was explained to the accounting firm. Under SOX Sarbanes-Oxley Act of 2002, all public traded U.S. corporations are required to maintain a sufficient system of internal controls. In order for this to be implemented all Corporate Executives and board of directors have to ensure that the controls are reliable and effective. With LJB Company incorporating the information from SOX act this will allow them reduce corporate fraud by making sure that all of the procedures for financial reporting is following in accordance to all guidelines. Internal Control Requirements In order for LJB Company to become a public trade, under the Sarbanes-Oxley Act of 2002 requires a registered U.S. publicly traded company to have an independent audit committee as a part of its Board of Directors. My accounting firm recommends that since LJB is a small sized company in terms of its employees should reevaluate their costs versus the benefits of being a public traded company. If LJB decides to go public in the near future there will be some new internal control requirements. One of the factors of the internal control system is to ensure that the management is in control of its environment. Top management needs to make it clear and concise on what can and won’t be tolerated especially when it comes to the organizations values, mission statement and unethical behavior. The second factor of the internal control system is the company leading its control activities. The control activities are considered as the post that holds the company’s effort to address all risks that they may possibly face going public. One thing that the company may face is fraud and in order to reduce fraud, management has to create and build policies to address those specific risks. Strengths and Recommendations Since LJB Company is relatively small, they have an advantage over their competitors who are large companies. Being a small company due to its size of employees, one of the things they are doing right is being able to set expectations and implement those within the organization. As a smaller company, the accountant’s decision to switch to pre-numbered invoices and the purchase of an indelible ink machine was a good idea and investment. The pre-numbered invoices will prevent transactions from being recorded multiple times. With the internal control system this will require that the employees forward their source documents for the accounting entries. The indelible ink machine will help organize all of the accounting duties. We recommended that LJB Company purchase an indelible ink machine to print all employees and cut checks. With the indelible ink machine this will make it difficult for unauthorized users to endorse checks and be approved. This will cut down on fraud and theft within the company. Violations LJB Company is very susceptible to fraud due the weaknesses and threats presented in the day to day operations. The type of threats include: no human resource control, lack of cash control, and no duties defined for each individual. LJB Company is lacking in the separation of duties because the Treasurer and Controller functions is being done by the same person. Although these two duties are being performed by one person and stream lining the process this causes LJB to be susceptible to fraud and out of compliance with the SOX act requirements. Each of these duties should be performed two different individuals. LJB Company has lack of cash controls. The lack of cash control has to be watched because within LJB each employee has access to petty cash and that shouldn’t be the case. Access to petty cash should be restricted to authorized personnel only. Any time there is a disbursement from the petty cash there should be an original receipt and signature that received the reimbursement. LJB Company human resource controls are very limited. Within this company both the Accountant and President have to review and approve all of the new hires which is the process. If LJB had a proper human resource control there would be a function set in place for new hires by hiring someone with HR experience that has risk training. Having a more defined HR control resource this would allow the company to clearly define the different roles and responsibilities for each employee. Also with the HR resource all employees would go through background check, each employee be given their own username and password and be tracked with the activity report. Conclusion We believe that this assessment of the current controls of LJB Company and the recommendations provided will meet your expectations and allow your company to be a fully traded public company. To reinstate this problem; in order for LJB Company to become a public trade, under the Sarbanes-Oxley Act of 2002 requires a registered U.S. publicly traded company to have an independent audit committee as a part of its Board of Directors. My accounting firm recommends that since LJB is a small sized company in terms of its employees should reevaluate their costs versus the benefits of being a public traded company. Works Cited Kimmel, Paul D.. Financial Accounting: Tools for Business Decision Making, 7th Edition. John Wiley Sons, 02/2013. .

Saturday, October 26, 2019

Racism and Discrimination in America Essay -- Racism in the United Sta

While browsing through articles on the internet, I came across many related to the topic of racism. I am beginning to feel as if I am surrounded by stories of racism. From the KKK’s aggressive campaign against immigrants, to the police violence against black people in cites throughout our nation, racism and discrimination continue to be problems. One story stood out to me and continues to make me uncomfortable. Malachi Wilson, a five year-old boy, could not attend his first day of kindergarten in Seminole, Texas. What could he have done to warrant the principal’s rejection? His hair was simply too long. Navajo on his father’s side and Kiowa on his mother’s side, Malachi grows his hair for religious beliefs, as his mother explains that, â€Å"Native Americans consider hair sacred and spiritual† (Rickert). After Malachi’s mother, April Wilson explained this to Sherrie Warren, principal of F.J. Elementary School, Warren proceeded to request proof that Malachi was American Indian. While Wilson told Warren that her child was a member of the Navajo tribe, Warren did not budge. In response, April Wilson â€Å"called the Navajo Nation to assist in the documentation process,† and she also â€Å"called a member of the American Indian Movement, who called the school district’s superintendent† (Rickert). Later that day, Wilson received a call from the school assuring her that Malachi could attend school if she signs a form explaining why he wears his hair long, and thankfully, Malachi has since joined his peers in his kindergarten class. From this story, three main concepts stand out to me: ignorance and disrespect of others’ values, proving your identity, and the impact of discrimination. While the situation has been resolved, the fact that this e... ...es. As a Christian, I know that Native people are not the only people to have considered hair to be sacred. Just look at Samson in Judges 16:17: â€Å"‘No razor has ever been used on my head,’ he said, ‘because I have been a Nazirite dedicated to God from my mother’s womb. If my head were shaved, my strength would leave me, and I would become as weak as any other man.’†. Something as seemingly simple as hair can be much more complex when we take the time to think about another person’s perspective, history, values, culture, and feelings. The interaction in Seminole, Texas wasn’t just about a haircut. Work Cited Rickert, Levi. (August 27, 2014). Five-year-old Navajo Boy Denied Admission on First Day of School Because His Hair is Too Long. Retrieved from http://nativenewsonline.net/currents/five-year-old-navajo-boy-denied-admission-first-day-school-hair-long/.

Thursday, October 24, 2019

Managing Financial Resources and Decision

Every business needs four major types of resources classified in two ways: men, money, machine and material or land, labor, capital and enterprise. As it can be seen the financial resources are compulsory, every business having allocated a department that manages this resource (the Finance Department) and a person that is in charge of its activities (the Finance Manager). Financial resources can be provided by a range of sources. This range depends on the type of the business, which can be classified as sole traders, partnerships and companies (private or public).Financial resources are in turn classified considering the period of time when they are available (short, medium and long term), and the origin environment (internal or external). The sources available for a sole trader are personal capital, retained profits, sale of assets, actions of hire purchase, of sale and lease back, loans and credit lanes from banks of informal loans (borrowings) from friends, acquaintances. Addition ally, for the other types, finance can come from admission of new partners in the business, bank overdrafts, venture capital and share capital.For London Woods ltd the financial resources of the private sector company are represented by the sale of the furniture produced (the selling price for a chair in 2013 is 45 pounds, while monthly sales vary between 100 and 120). A long-term loan already borrowed according to the income statement for 2011 and 2012 is another financial source of cash. But in contract with ordinary shares generated for investors, which are the permanent capital of the company, the loan will be integral returned after several years, during which is cost is estimated at a 12% interest rate.A recent available source are the 3000 pounds made available for a brand manager in the Latin America, while the production and the revenues from that sales are a potential source of liquidity. 1. 2 Before they are chosen, sources of finance must be evaluated after considering t he following aspects relates to the business itself or the source: what amount of money is necessary and in what time, what is the cost of the source (interest rates, dividends etc.), the risk involved, the duration of the contract (between company and supplier of finance), the control of the business over the source or aver the ability to pay back finance received and the gearing ratio of the company (the relationship between what is owns and what is owes).For example, long-term loans and ordinary shares can generate a greater amount of capital than personal savings or the sale of assets. But while the company must return in time the amount borrowed from a bank it can have as permanent capital the money invested by shareholders.Also, while the interest rate is fixed and included in every payment, dividends are paid only when the company generates profit. Thus, the company has more control over finance if is source are investments rather than bank loans. 1. 3 The mentioned sources b ring simultaneous benefits and disadvantages for the business organization. Personal savings are interest free, do not need to be returned necessarily at a certain time, no collateral part is involved and no paperwork is required, but it cannot provide large amounts and can interfere unexpectedly with cash flow if money is demanded before due time.Retained profit is the company’s own revenue which does not need to be returned or to pay interest, debt does not increase and its future allocation can remain confidential. On the other hand, retained profits are available for developed, growing business and not for starting or bad-performing businesses. Finance resulted from selling assets is similar: the business finances itself with possible large amounts, only that those assets will not generate profit from the selling point, and it can be expensive later on, if it needs to be purchased.Ordinary shares are advantageous because they can raise large amounts of permanent capital f or which dividends are paid only the company is profitable, but they incur issuing costs and the amount of capital cannot be minimized later. Preference shares do not give the right of decision through vote and they require a fixed profit in return, even if the company makes a smaller profit or even a loss. Similarly debentures do not allow the right to vote, are redeemed when surplus profit is obtained, if not payment of interest rate must be done at a fixed date.These features apply to loans, bank overdrafts. The hire purchase method has the advantage that the company can make use of the asset before it pays for it but probably will be pay more for it than its value. Venture capital is beneficial because investors are highly interested in the business’s success over a period; investors share profits and may wish to influence strategic decisions. Discounts assure a quick receive of money but debt is collected by the client company itself and thus resources are wasted in debt collection.2. 1 Being vital for the business’s operations, financial resources (the life blood of business) have attached a certain cost: sometimes a price paid for their availability and most certainly an opportunity cost in the form if the second best way in which they could have been allocated. Personal savings, bank loans, overdrafts, debentures, venture capital, factoring, invoice discounting require the payment of an interest rate, in addition to the amount lend to the business.Retained profits have attached the opportunity cost: depending on the size of it, profits can be allocated to many departments: they can be invested in research and development, in the extension of fixed assets for the increase of production, in more advertising, can be used in the employed of experts, skilled people. The cost of selling assets is that of the revenue from the goods that would have been produced, but also the difference in the selling price and the purchase price.Apart from the d ividends paid in return, issuing ordinary shares determines administrative costs with the stock exchange listing fee, printing, distribution and advertising fee. The cost in hire purchase actions and leases is the price that the company pays for the item and the cost of ownership over it, since even if the organization paid 90% for the item, it is still owned by the leasing company. Grants are financial resource that does not require any fee.Planning is usually regarded as one of the first major steps (among generating ideas, assessing feasibility, collecting external information) that needs to be developed in concern with doing a business, a project, presentation etc. As money is a core resource for the business so is financial planning. This stage within a business it used in order to determine over a period of time how will a variety of resources be allocated in order to have both effective and efficient results. Or, it can be used to assess how well the available resources were used in a previous period of time (a quarter, half year, a year).Financial planning has in addition a few key benefits. It is efficient because it takes in consideration future needs: a business must always be aware of next activities from the â€Å"to do† list. Considering next tasks is helpful in being on time: organizations have to prepare now, in advance, what is required later so it do not miss opportunities. This gives assurance to stakeholders that the company is well-managed and creates a pleasant working environment, where lower levels employees know very well what to do.It helps businesses to compare the different alternatives between resource allocation in order to perform activities in which they have a smaller opportunity cost. Planning constantly also provides the opportunity to monitor, control activities and be financially sustainable for the organization and its stakeholders. 2. 3 The decision making process is represented by information needs required by dec ision makers. The decision makers or the organization are the stakeholders that have an interest in respect with the activity of the organization. They are divided between internal and external parties.The internal parties are the shareholders and their information need is to know the risk implied by their investment or the return that can generate in order to sell shares or to buy and if the company is able to pay dividends. Employees, another important category wants to know is the business is well-performing in order to deduce the stability, the prospective, and any remuneration and benefits that their current vacancy within the company offers. Suppliers are interested to know if in short term the business as able to pay for the goods supplied.Lenders, an important category of external stakeholders, need the same information, but for the long term. Continuation of operations is also a concern of customers, especially if they have a dependence on the company’s activities. G overnments and regulators are interest in how the business is caring operations in order to compare it with regulation and law, so that the organization is operating legally. The public, a general external category of stakeholders is interested in the performance of the business for the need of economic stability and available jobs.2. 4 In the study case of London Woods there are several sources of finance with impact in the financial statements (the profit and loss account, the balance sheet, and the cash flow statement). A major source of the finance is the firm’s production of furniture which if it is sold is incurred in the profit and loss account, while the remaining stock is stated as a current asset on the balance sheet. Another source of finance proposed for the business, as Mathew claims, is two machines that will generate more revenue but are going to cost 4 million pounds.The prices paid will be incurred in the expenses section in the income statement and the value of the two machines will be included under the asset’s column in the balance sheet. The machines would have to be bought by first taking a loan with an interest rate of 12%, which will have to be stated under expenses in the income statement, while the loan must be declared in the long-term liabilities section in the balance sheet. According to the profit and loss account a current source of finance is the shareholders capital, a current loan which costs the business 550 (interest rate) and the debtors, which are customers of the organization.The company does not have to buy the machine B, as the results are negative and the company does not have enough money. 4. 1. Finance is used to create before or at the end of time periods financial statements that help in planning activities, in recording performance and in assessing the current state of the business. Finance is used to create three types of financial statements. The profit and loss account assesses if past activity us ed effectively the allocated resources. The balance sheet is a summary about the assets, liabilities and liquidities of a business at the end of a business term.Finance also generates information about sales, purchases and labor costs. All this information can be further used in setting budgets for next business terms. Budgets can be used to determine future quantity and price of sales, production, materials, labor, manufacturing overhead, selling and administrative costs and in the end the final cash budget. Based on previous information, when they are creating budgets managers can take measures that reduce costs, increase profits, improve work efficiency or increase productivity and can find information like when to make new purchases of machinery, materials etc. 4. 2.Financial statements do not differ substantially of those of a sole trader as they rely on the same accounting principles. Both balance sheets of both companies will be calculated using the simple formula according w hich equity equals assets minus liabilities. The financial statements of the fictional sole trader Olivia Boulton1 and those of The Coca-Cola Company2, registered in the USA are relevant in this way. Although they use the same principles, the statements of the two operators are slightly different in content. Olivia Boulton, as a sole trader runs a small business (she sells cookware goods designed in Italy).Profits are usually small and re-invested in the business, but the possibilities for expansion are limited. Sole traders are the owners of the business who can run it independently and do not involve other in decision making. A sole trader takes the risk of compensating liabilities with his own goods. In comparison, The Coca-Cola Company a public limited company owned by anonymous shareholders, which generated large profits and pays dividends and caries operations globally. The financial statements of Olivia Boulton contain the traditional elements of a profit and loss account and of a balance sheet.The profit and loss account which states the net profit incurred in the period, calculated by eliminating expenses from income or gross profit, starts with the estimation of sales, purchases and stock in order to determine the gross profit. The expenses include liabilities regarding the interest rate of a loan, wages plus other administrative expenses (rent, travelling). The balance sheet has a simple format too. The fixed assets are only represented by the premises and the shop fittings, current assets include stock, debtors, bank and cash, while on the liability column the only type of tax incurred is the VAT (value added tax).In the case of Coca-Cola the statements look different. The cost of goods sold is directly stated as well are the selling, general and administrative expenses. The major difference is the emphasis of the tax incurred and the dividends paid (basic net income per share, diluted net income per share, and dividend per share). The balance shee t contains other elements too. A great amount of the company’s assets are represented by investments, trademark with indefinite lives, goodwill, intangible assets, bottler’s franchise rights with indefinite lives. Under the liability column the amount owned for loans long-term debts are much higher.After taking liabilities, the company’s equity is much more elaborated and allocated to multiple purposes: a part is reinvested, a part is allocated to shareowners, another one to non controlling interests, while other incurred as capital surplus. 4. 3 a) Net profit margin: Op * 100 : sales revenue: 370*100/4990 =7. 4 b) Current ratio current assets/current liabilities: 1540/790 = 1. 9 c) Quick ratio current assets – current stock/current liabilities: 1540-680/790 =860/790=1. 08 d) ROCE for year 2012: 370*100/1850=20% ROCE for year 2011: 510*100/1900=26. 8% e) Assets turnover ratio: 4990/1850=2. 69; f) Debt/Equity ratio: 550/1850=0. 29