Cardiovascular Endurance of the Genders Question Essay

Cardiovascular Endurance of the Genders Question- Does weight and differences of age have to do with different heart rates and recovery times with the step test experiment? Independent Variable Pre- Exercise Heart Rate Dependent Variables 1. Post- Exercise Heart rate 2. Change in heart rate 3. Recovery Time Hypothesis – If a subject being tested is fit then there should not be a big change in heart rate and there should be minimal recovery time to get back to the normal heart rate in which they started. Experiment Protocol- 1. Testing all members of the group and recording the results. 2. Measure pre-exercise pulse rate using a pulse monitor of the first subject 3. Making sure the first subject is in sequence with their steps to the metronome 4. This sequence should be 3 minutes with a rate of about 25 steps a minutes on a six inch step 5. After the exercise the subject has to sit down immediately 6. The pulse monitor needs to be taken out. 7. Then measurements should be taken of the subjects post exercise pulse rate 8. Then the timer was taken out. 9. Next the subjects pulse rate was monitored until it returned to the pre-exercise pulse rate which is the recovery time. 10. Steps 2-5 had to repeated for others within in the group 11. After everything was completed the results were compared with other groups in the class. The measures that were taken to ensure consistency throughout the experiment were to just do everything at relatively the same pace with every subject so there would not be any dramatic changes in data. Conclusion- In conclusion it does not matter whether you are male or female when it comes to cardiovascular fitness. This is because cardiovascular fitness is entirely based on a test that assesses your fitness level based on how quickly your heart rate recovers after exercise. The fitter you are, the uicker your heart rate will return to normal after exercise. I accept my hypothesis because my results from the people in my group as well as the class showed that the fitter you are the quicker your heart rate will return to normal. My conclusion could possibly be different If I only analyzed the data gathered by my lab partners of my table because this would not really allow me to determine if cardiovascular fitness is actually based off gender or fitness due to the high ratio of three women to one man compared to the whole class. Improvements to the experiment- 1. one way to improve this experiment would be to have a chart that shows good, poor, or average Heart rates to have a better idea to make comparisons between gender cardiovascular fitness 2. Another way to improve my experiment would be to be more consistent with my group members in transitioning from the pulse monitor to the timer so we don’t have to start over 3. Another way to improve this experiment would be to run it longer than three minutes and more than once to see if the data is consistent.

Abigail Should Be Regarded as a Victims of the Puritan Society Essay

Whether in novels, movies or plays, the villains usually leave some negative impressions on the audience so that the villains basically become the most unpopular roles in the works. Because the audiences easily produce subjective consciousness following the villains’ performances in the stories, they are used to ignoring the factor that the villains also could be the victims at the same time. In the play The Crucible written by Arthur Miller, Abigail Williams is a controversial villain because she is both a typical instigator of the accusations and a victim of the Puritan society at the same time. Firstly, Abigail’s heartrending life experiences and the Puritan society environment which she lives in build her complex character. Secondly, in the affair between her and Proctor, Abigail not only loses love but also she is hated by her lover. First of all, the unpleasant past and the Puritan environment build Abigail’s complex character. To begin with, she is ruthles s because it can be shown from her attitude towards the other girlsof Salem. In order to prevent other girls from speaking out what they have done against the puritanical rules in the forest, she threatens these girls, â€Å"[†¦] I saw Indians smash my dear parents’ heads on the pillow next to mine, and I have seen some reddish work done at night, and I can make you wish had never seen the sun go down!† (Miller 20) A normal girl should never say about that. It is so early for Abigail to experience such a cruel scene as a young child. Her parents’ death greatly affects her, as a result of which this event is likely to leave a wound on her heart. She also gradually becomes ruthless because of that. In addition, the children of Puritan society were never valued by their parents and their physical and psychological health would not be developed very well. Like her contemporaries, Abigail lacks care from her uncle in her childhood. She is adopted by her uncle Parris Williams who a priest in Salem. At the beginning of the play, the narrator said:â€Å"He was a widower with no interest in children, or talent with them. [†¦] like the rest of Salem, never conceived that the children were anything [†¦] (Miller 4). Parris never cares about Abigail’s growing up and only cares about his wealth and reputation in Salem. Without the correct guidance, Abigail has to face and solve every problem she may meet in her life by herself. Even though she uses some wrongful means to achieve her purpose, she never cares about whether they are correct or not, because nobody enlightens her how to face these  difficult situations. For example, when Parris asks her what they really have done in the forest, because she fears being punished, she instigates the other girls to cover up the truth, even accusing those innocent people when they are interrogated who are the devils’ servants. Moreover, the Puritanical rules restricts the entertainments of the children’s. This also evokes these girls’ï ¼Å' especially Abigail so that they want to seek some exciting activities somewhere.Therefore, the identity of being an orphan and her miserable childhood experiences cause the ruthless and dishonest character of Abigail, and make her become a victim of the Puritan society. Furthermore, Abigail is a victim in the love affair because she loses her reputation and gets nothing in the end. Firstly, Abigail loses her innocence in villager’s eyes of Salem. When her uncle Parris is talking about her name, Parris mentions Proctor’s wife Elizabeth and he said: â€Å"she comes so rarely to the church this year for she will not sit so close to something soiled. [†¦] that you are now seven months out of their house, and in all this time no other family has ever called for your service (Miller 12). This shows that Abigail has lost her reputation in Salem. Her affair with John Proctor is already known by many people and this event causes n obody would like to employ her. As an unmarried girl, innocence is very important, unlike Proctor who has married Elizabeth. In her future life, no one would like to marry such a soiled girl. At the end of the play, Abigail’s ending is tragic: â€Å"The legend has it that Abigail turned up later as a prostitute in Boston† (Miller ECHOES DOWN THE COORIDOR). She has paid her reputation for love but she still loses Proctor’s love. When Danforth asks where he and Abigail’s affair happened, Proctor tells the truth: In the proper place –where my beasts are bedded. On the last night of my joy, some eight months past. [†¦] I beg you, sir, I beg you—see what she is. My wife, my dear good wife, took this girl soon after, sir, and put her out on the highroad. And being what she is, a lump of vanity [†¦] (Miller 110). John Proctor would rather sacrifice his reputation than harming those innocent people including his wife. He makes his mind up to save Elizabeth and expose the Abigail’s true face at the same time. This reveals Proctor’s emotions toward Abigail at this time. There is not any love is remained in his heart, only anger and hatred. Abigail is a loser in love: she loses Proctor. She is too young and impulsive so that she never considers the consequences when she falls in  love with Proctor who cannot bring her anything she wants. Thus, she gets nothing. All in all, although Abigail is a villain in this play, she is also a victim of Puritan society.

Career Management And Professional Development Education Essay

While my chief fortes may still lie in either fiscal or direction accounting, Appendix 1[ 1 ]shows the many other possible paths that I could take. Many of the companies that fall under these classs will be based in London particularly those affecting investing markets, nevertheless there are plentifulness of possibilities to work non merely across the U.K but besides the remainder of the universe. Equally good as looking at Graduate occupations, one other measure frontward is to go a hired comptroller. Again from looking at Appendix 1 within the UK there are seven cardinal hired bureaus. However fall ining one of these will hold to happen after I have started my calling in order to cognize which one to fall in. For illustration if I wanted a calling in revenue enhancement I would take the CIOT over CIMA. After sourcing the occupations that my making leads me to make, it ‘s now a simple instance of combating the 300,000 other alumnuss each twelvemonth for precisely the same occupation. One manner to give me a contending opportunity at the occupation is by acquiring noticed and as a consequence I will necessitate to convey a whole scope of accomplishments and competences to the tabular array to demo why I should acquire the occupation. Like most people I am able to offer accomplishments such as Communication A ; Literacy be it written, ocular or unwritten, an application of numeracy due to the fact that I am an comptroller and as a consequence have to utilize Numberss on a twenty-four hours to twenty-four hours footing, and an application of IT skills due to the fact that in this changing universe the demand to be able to utilize a computing machine is going more and more evident. The accomplishments that I need to pull people ‘s attending to are the 1s that ca n’t be rather so good taught and have to be developed through experience in the workplace. These include Self Management such as the ability to demur duty for what I do, to be able to self motivate myself on my undertakings guaranting that they are completed by the needed deadline, and to be ready to accept unfavorable judgment and feedback on the work that I have done so as to better it to its best possible potency. Furthermore I need to be able to speak about teamwork, non merely â€Å" we did a undertaking one time at university in a group † but to be able to demo existent squad participant accomplishments. At a basic degree these would include a regard for fellow co-workers, to accept their determinations but besides offer a degree of negation and persuading, every bit good as doing certain that I contribute to treatments and meetings, but so at a more advanced degree to be able to work out what portion people play in a squad and maximize their accomplishments and traits for illustration devising certain that the thoughts individual negotiations with the encourager and compromiser so as develop the best result from an thought. In add-on to these, I besides need to hold concern and client consciousness of the industry I am in. When traveling to a occupation interview this will include background research into the company, but it will besides necessitate an apprehension of the cardinal constructs that make a concern win including hazard and wages every bit good as invention. This consciousness so has to be compiled with good communicating accomplishments so as to describe back to the terminal users be in internal directors or the external client. The consequences of my in category Myers Briggs appraisal[ 2 ]had me as an Introverted, Sensing, Thinking and Judging single. This suggests that I am a difficult working single with a clear sence of what is right and incorrect. I would be given to hold with this peculiarly as I do non cover excessively good with â€Å" Grey countries † of a state of affairs. The trial besides shows me to be a dedicated person who I believe I am and is something that I have to offer to graduate employers. Although the truth of these trials is something to be argued it does propose that an ideal occupation for me would be something based in finance. The consequence of the trial besides shows that some work in developing the extrovert side of me every bit good as measuring jobs on the footing of thoughts instead than merely facts will assist me to go a more rounded person. Before traveling onto happening the right occupation for me, I besides needed to look at what motivates me, in other words what do I necessitate my ideal occupation to offer in order to acquire me out of bed in the forenoon. The consequences of my Career Drivers Profile study[ 3 ]shows me to be motivated most by the demand of occupation security which with issues shortly to be faced such as acquiring a mortgage I would be inclined to hold with. My other drivers included position and stuff wagess. While I would hold with these to some extent I would state it is more a instance of desiring to be recognised for making a good occupation and besides holding the fiscal wages for inputting my difficult work. So What Is The Right Job For Me? Upon finishing my arrangement, one thing that is a certainty is that I do n’t desire to go an history, despite this nevertheless a calling in finance in peculiar respects to the money markets is one that I feel suited to. My grounds for this are drawn from a personal involvement in Stocks A ; Shares every bit good as executing good in the related faculties at university. After traveling to legion alumnus carnivals I have started using for Investment Banking and Asset Management occupations, due to the nature of the occupation nevertheless, most of these are based in London. As a consequence should I be successful in an application it would intend re-locating down to London and get downing an wholly new portion of my life, one which I would be excited to make, but besides a small apprehensive at the same clip. In footings of what I can offer my perspective employer, I am traveling to hold to travel beyond what everyone else can offer due to the fact I am taking about a sidestep in my pick of calling versus those who have graduated with a banking and finance grade. Hopefully my passion and thrust for the investing country of finance should come across and holding personal experience in the purchasing and merchandising of portions and bonds through a agent should at least give me some caputs up on the competition. If I should acquire a face to confront interview at any establishment nevertheless it will be of import for me to see which competences are being assessed during my interview and do certain I have a â€Å" bank † of illustrations that I can pull from and accommodate in order to reply on inquiries affecting teamwork, personal challenges and personal victory to call but a few. It will besides be of import to make some research into the company and attempt and bead that into my replies in order to demo that I have taken the clip to larn about the company. Got to Get Myself Connected! Arguably one of the most of import regulations in concern is that it ‘s non what you know but who you know. Unfortunately upon graduation I am traveling to be one of the many who knows a batch about my specific topics but with small practical experience and really few contacts within the industry. As a consequence something has to be done now in order to seek and derive as large an advantage as possible. In my first twelvemonth I signed up as a pupil member of CIMA, during the past few old ages at that place have been many chances to travel to societal events and web with people yet I have non bothered traveling to them. This twelvemonth may be a good thought to travel and web and at least acquire myself on the radio detection and ranging. The 2nd thing I have done is to put up a LinkedIn history. While many people argue they are of small usage I believe they may be a utile tool for maintaining path of the legion people I will run into in the hereafter and it besides shows posi tion employers the few people in the industry that I presently know. Fortunately as a consequence of my placement twelvemonth I now have contacts crossing from Cornwall right up to Glasgow. Dependent upon if and what professional organic structure I decide to fall in, they may besides be a great beginning of contacts. Equally good as the pupil chances listed above, by being an existent member of the professional organic structures I will be able to web with those presently practising in the industry instead than merely guest talkers and these people in bend may be able to set me in touch with other contacts to foster aid help my calling. Further to this, I believe that the University may be able to assist with my networking through the Alumni service. This will assist me maintain in contact with both my class mates from this twelvemonth, my friends who did n’t travel on work arrangement who have now graduated, every bit good as many other utile contacts who are presently working in, or holding the same issues as me seeking to interrupt into the investing profession. One other set of contacts that may turn out to be really utile is the enlisting bureaus, peculiarly those who specialise in Finance such as Hayes or Sewell Moorhouse who last twelvemonth managed to acquire 100 % of all university arrangement pupils who came to them into employment. Equally good as assisting me to acquire a occupation if my alumnus applications are unsuccessful they will be able to supply arrows on my CV and covering letters, but more significantly they will be a contact for life. For illustration if 10 old ages down the line I want a wholly different alteration of calling so these people will be here to rede where to travel. Making the Jump – Career Management Plan Many of my marks here will be based around my action programs as a consequence of my work placement study.[ 4 ]However my calling way as a consequence of the placement twelvemonth leads me off from the thought of going an comptroller. My first mark was to go on developing my fiscal accomplishments. At the clip of my study this would hold been my accounting accomplishments nevertheless upon contemplation and make up one’s minding that I no longer desire to be an accountant these accomplishments must be transferred over to other fiscal countries such as the investing country of finance I am interested it. Fortunately my university class gives me the flexibleness to make this as the concluding twelvemonth incorporates both accounting faculties but besides faculties covered by the Banking and Finance pupils which are straight related to the calling way that I now want. Despite the addition in work burden and the sheer trouble of some of the capable affair, I am still hopeful that I will be able to walk off with a 2:1 grade at graduation. My secondary mark was to go on the development of both my personal and professional accomplishments. Unfortunately due to no longer being on arrangement I am non in a place to be developing these accomplishments through a work based environment. However due to the sum of alumnus applications that I am finishing I believe that they at least give me the chance to develop my communicating accomplishments through the completion of online applications, covering letters and telephone interviews. Hopefully I will be able to pattern face to confront communicating accomplishments via interviews if I am lucky plenty to be shortlisted for any of these applications. My concluding mark was to develop a calling program for after university. It was apparent at the clip that Accounting may non hold been the ideal occupation for me hence the alumnus application made to HMRC, unluckily that application was rejected after the on-line numerical and verbal trials. Since so nevertheless I have applied for legion other vacancies all focused around the investing banking country of finance with large companies such as Fidelity but so besides looking at investing reding services such as Oliver Wyman. It was my idea that while I am now certain which country of finance I want to work in, I should n’t be binding myself down with one specialized occupation country. The other idea I had in assisting to develop my calling was to transport on at university in the signifier of station alumnus survey. However I shortly ruled this option out due to the cost but besides that I believe now is the clip to acquire into industry and to get down determining my calling. Further to this by non transporting on in graduate student survey I still have the option to finish all of my professional makings through whichever company I work for and so subsequently on down the line if I think that I would wish to travel back into instruction, the graduate student option is ever available for me. Career Management And Professional Development Education Essay While my chief fortes may still lie in either fiscal or direction accounting, Appendix 1[ 1 ]shows the many other possible paths that I could take. Many of the companies that fall under these classs will be based in London particularly those affecting investing markets, nevertheless there are plentifulness of possibilities to work non merely across the U.K but besides the remainder of the universe. Equally good as looking at Graduate occupations, one other measure frontward is to go a hired comptroller. Again from looking at Appendix 1 within the UK there are seven cardinal hired bureaus. However fall ining one of these will hold to happen after I have started my calling in order to cognize which one to fall in. For illustration if I wanted a calling in revenue enhancement I would take the CIOT over CIMA. After sourcing the occupations that my making leads me to make, it ‘s now a simple instance of combating the 300,000 other alumnuss each twelvemonth for precisely the same occupation. One manner to give me a contending opportunity at the occupation is by acquiring noticed and as a consequence I will necessitate to convey a whole scope of accomplishments and competences to the tabular array to demo why I should acquire the occupation. Like most people I am able to offer accomplishments such as Communication A ; Literacy be it written, ocular or unwritten, an application of numeracy due to the fact that I am an comptroller and as a consequence have to utilize Numberss on a twenty-four hours to twenty-four hours footing, and an application of IT skills due to the fact that in this changing universe the demand to be able to utilize a computing machine is going more and more evident. The accomplishments that I need to pull people ‘s attending to are the 1s that ca n’t be rather so good taught and have to be developed through experience in the workplace. These include Self Management such as the ability to demur duty for what I do, to be able to self motivate myself on my undertakings guaranting that they are completed by the needed deadline, and to be ready to accept unfavorable judgment and feedback on the work that I have done so as to better it to its best possible potency. Furthermore I need to be able to speak about teamwork, non merely â€Å" we did a undertaking one time at university in a group † but to be able to demo existent squad participant accomplishments. At a basic degree these would include a regard for fellow co-workers, to accept their determinations but besides offer a degree of negation and persuading, every bit good as doing certain that I contribute to treatments and meetings, but so at a more advanced degree to be able to work out what portion people play in a squad and maximize their accomplishments and traits for illustration devising certain that the thoughts individual negotiations with the encourager and compromiser so as develop the best result from an thought. In add-on to these, I besides need to hold concern and client consciousness of the industry I am in. When traveling to a occupation interview this will include background research into the company, but it will besides necessitate an apprehension of the cardinal constructs that make a concern win including hazard and wages every bit good as invention. This consciousness so has to be compiled with good communicating accomplishments so as to describe back to the terminal users be in internal directors or the external client. The consequences of my in category Myers Briggs appraisal[ 2 ]had me as an Introverted, Sensing, Thinking and Judging single. This suggests that I am a difficult working single with a clear sence of what is right and incorrect. I would be given to hold with this peculiarly as I do non cover excessively good with â€Å" Grey countries † of a state of affairs. The trial besides shows me to be a dedicated person who I believe I am and is something that I have to offer to graduate employers. Although the truth of these trials is something to be argued it does propose that an ideal occupation for me would be something based in finance. The consequence of the trial besides shows that some work in developing the extrovert side of me every bit good as measuring jobs on the footing of thoughts instead than merely facts will assist me to go a more rounded person. Before traveling onto happening the right occupation for me, I besides needed to look at what motivates me, in other words what do I necessitate my ideal occupation to offer in order to acquire me out of bed in the forenoon. The consequences of my Career Drivers Profile study[ 3 ]shows me to be motivated most by the demand of occupation security which with issues shortly to be faced such as acquiring a mortgage I would be inclined to hold with. My other drivers included position and stuff wagess. While I would hold with these to some extent I would state it is more a instance of desiring to be recognised for making a good occupation and besides holding the fiscal wages for inputting my difficult work. So What Is The Right Job For Me? Upon finishing my arrangement, one thing that is a certainty is that I do n’t desire to go an history, despite this nevertheless a calling in finance in peculiar respects to the money markets is one that I feel suited to. My grounds for this are drawn from a personal involvement in Stocks A ; Shares every bit good as executing good in the related faculties at university. After traveling to legion alumnus carnivals I have started using for Investment Banking and Asset Management occupations, due to the nature of the occupation nevertheless, most of these are based in London. As a consequence should I be successful in an application it would intend re-locating down to London and get downing an wholly new portion of my life, one which I would be excited to make, but besides a small apprehensive at the same clip. In footings of what I can offer my perspective employer, I am traveling to hold to travel beyond what everyone else can offer due to the fact I am taking about a sidestep in my pick of calling versus those who have graduated with a banking and finance grade. Hopefully my passion and thrust for the investing country of finance should come across and holding personal experience in the purchasing and merchandising of portions and bonds through a agent should at least give me some caputs up on the competition. If I should acquire a face to confront interview at any establishment nevertheless it will be of import for me to see which competences are being assessed during my interview and do certain I have a â€Å" bank † of illustrations that I can pull from and accommodate in order to reply on inquiries affecting teamwork, personal challenges and personal victory to call but a few. It will besides be of import to make some research into the company and attempt and bead that into my replies in order to demo that I have taken the clip to larn about the company. Got to Get Myself Connected! Arguably one of the most of import regulations in concern is that it ‘s non what you know but who you know. Unfortunately upon graduation I am traveling to be one of the many who knows a batch about my specific topics but with small practical experience and really few contacts within the industry. As a consequence something has to be done now in order to seek and derive as large an advantage as possible. In my first twelvemonth I signed up as a pupil member of CIMA, during the past few old ages at that place have been many chances to travel to societal events and web with people yet I have non bothered traveling to them. This twelvemonth may be a good thought to travel and web and at least acquire myself on the radio detection and ranging. The 2nd thing I have done is to put up a LinkedIn history. While many people argue they are of small usage I believe they may be a utile tool for maintaining path of the legion people I will run into in the hereafter and it besides shows posi tion employers the few people in the industry that I presently know. Fortunately as a consequence of my placement twelvemonth I now have contacts crossing from Cornwall right up to Glasgow. Dependent upon if and what professional organic structure I decide to fall in, they may besides be a great beginning of contacts. Equally good as the pupil chances listed above, by being an existent member of the professional organic structures I will be able to web with those presently practising in the industry instead than merely guest talkers and these people in bend may be able to set me in touch with other contacts to foster aid help my calling. Further to this, I believe that the University may be able to assist with my networking through the Alumni service. This will assist me maintain in contact with both my class mates from this twelvemonth, my friends who did n’t travel on work arrangement who have now graduated, every bit good as many other utile contacts who are presently working in, or holding the same issues as me seeking to interrupt into the investing profession. One other set of contacts that may turn out to be really utile is the enlisting bureaus, peculiarly those who specialise in Finance such as Hayes or Sewell Moorhouse who last twelvemonth managed to acquire 100 % of all university arrangement pupils who came to them into employment. Equally good as assisting me to acquire a occupation if my alumnus applications are unsuccessful they will be able to supply arrows on my CV and covering letters, but more significantly they will be a contact for life. For illustration if 10 old ages down the line I want a wholly different alteration of calling so these people will be here to rede where to travel. Making the Jump – Career Management Plan Many of my marks here will be based around my action programs as a consequence of my work placement study.[ 4 ]However my calling way as a consequence of the placement twelvemonth leads me off from the thought of going an comptroller. My first mark was to go on developing my fiscal accomplishments. At the clip of my study this would hold been my accounting accomplishments nevertheless upon contemplation and make up one’s minding that I no longer desire to be an accountant these accomplishments must be transferred over to other fiscal countries such as the investing country of finance I am interested it. Fortunately my university class gives me the flexibleness to make this as the concluding twelvemonth incorporates both accounting faculties but besides faculties covered by the Banking and Finance pupils which are straight related to the calling way that I now want. Despite the addition in work burden and the sheer trouble of some of the capable affair, I am still hopeful that I will be able to walk off with a 2:1 grade at graduation. My secondary mark was to go on the development of both my personal and professional accomplishments. Unfortunately due to no longer being on arrangement I am non in a place to be developing these accomplishments through a work based environment. However due to the sum of alumnus applications that I am finishing I believe that they at least give me the chance to develop my communicating accomplishments through the completion of online applications, covering letters and telephone interviews. Hopefully I will be able to pattern face to confront communicating accomplishments via interviews if I am lucky plenty to be shortlisted for any of these applications. My concluding mark was to develop a calling program for after university. It was apparent at the clip that Accounting may non hold been the ideal occupation for me hence the alumnus application made to HMRC, unluckily that application was rejected after the on-line numerical and verbal trials. Since so nevertheless I have applied for legion other vacancies all focused around the investing banking country of finance with large companies such as Fidelity but so besides looking at investing reding services such as Oliver Wyman. It was my idea that while I am now certain which country of finance I want to work in, I should n’t be binding myself down with one specialized occupation country. The other idea I had in assisting to develop my calling was to transport on at university in the signifier of station alumnus survey. However I shortly ruled this option out due to the cost but besides that I believe now is the clip to acquire into industry and to get down determining my calling. Further to this by non transporting on in graduate student survey I still have the option to finish all of my professional makings through whichever company I work for and so subsequently on down the line if I think that I would wish to travel back into instruction, the graduate student option is ever available for me.

Characteristics of efficient, responsive, risk-hedging and agile Assignment

Characteristics of efficient, responsive, risk-hedging and agile supply chains - Assignment Example Risk-Hedging Supply Chain is distinguished by a high supply and low demand uncertainty, cost efficiency and hedging the risk of supplier distractions. It also has a functional product type and competitive on cost and flexibility. This form of the supply chain has a low responsiveness to market demand and uses a relation-based approach toward suppliers. Agile Supply Chain is highly sensitive to the market and able to read and respond to real market demand. Agile supply chains have extensive sharing of information between suppliers and buyers regarding supply and demand and hence, develop a virtual supply chain where physical stocks are adequately replaced with information. No, a company cannot apply both responsive and efficient supply chains. This is because responsive and efficient supply chain strategies have conflicting objectives, for instance, in terms of cost and lead-times. Whereas efficient supply chain has a low-cost strategy and long-term forecast, the responsive supply cha in has high unit cost and short-term forecasts. Yes,  management can apply both agile and risk-hedging supply chains. This is because agility works in environments with high demand and supply risks. Agile approaches unite strengths of responsive and risk-hedging approaches to respond to the uncertain demand of customers while minimizing the risk of supply disruption.

Assessing Reading and Language Instruction Research Paper

Assessing Reading and Language Instruction - Research Paper Example The children will continue to read pictures and to improve their basic comprehension skills. First Grade Observation In my observation of the first grade classroom the students’ desks were setup in groups of six. The teachers’ desk was placed by the classroom door. The room was decorated with many posters and projects that the children had completed. The room had many bulletin boards that were used for classroom jobs and notes that the students could look at like the lunch menu and any important classroom events that they can pass on to their parents. Some bulletin boards were to show off their art work in the other areas of the curriculum. There was an independent reading area, a game area, a listening area for stories and music, an art area and a writing area. There was a section of the classroom that could be used to practice the skills with the other students and/or the teacher. The area for direct reading instruction was in the front of the room but to the left whe re there were many charts with the necessary skills that they are going to learn on the journey to learn reading. The teacher also led shared reading experiences here along with language experience where the students could share a story they â€Å"wrote† to the class. There was also a variety of books of all classifications that they can choose and read from. . Reading Instruction and the Curriculum Used In a first grade classroom Reading is considered a subject where students will learn to use word recognition skills and learn about consonants and vowels through Phonics and the Bottom- up theory to Reading. Reading is a subject that must build on what the children already know. These children will bring what they learned at home from watching their parents reading the newspaper, writing notes and lists, reading the mail they received like they did in preschool and Kindergarten. The teacher will need to assess these children to see what the level they will be at during the sc hool year. The children will need to start to make relationships between the pictures and words and to put these ideas together to understand a story that they are reading. The children will learn that the alphabet is the beginning of words. The first grader learns that letters and their arrangement matters in the words that they are learning and reading. First graders are still emergent readers and they will want to learn how to spell and then write the words that they are learning. The first grade classroom teacher must give plenty of opportunities to read and write words. They will learn that reading and writing is their way of communication. They will learn about the concepts of print and that the print represents the spoken words, they have boundaries, and are read from left to right. (Gunning, 2005) Reading can be taught in the classroom by using direct instruction and by using learning centers that were around the classroom. They will also use learning centers for Art, Music and even Computer education. The children can practice their reading and writing using their Dolch Vocabulary List and continue to practice even more sight words. Using these words the children can read and write notes and letters and drawing pictures. Reading is for exploration. â€Å"When the parents and/or the teacher read to the children they learn and develop vocabulary, expand their experiental background and makes them aware of the language of books and introduces them to basic concepts of print

Reflection Paper on The Global Idea of the Commons by Nonini Donald Essay - 1

Reflection Paper on The Global Idea of the Commons by Nonini Donald - Essay Example Despite all the differences in terms of cultural and religious beliefs, the early colonists made a wise decision to band together no matter what, against the threat of Indian raids and harsh winters. They had decided to help each other for the common good of everyone on the new colonies. Inherent in the concept of interdependency is the idea that all kinds of resources are to be taken cared of, that good stewardship of these resources should be undertaken for young or succeeding generations to likewise benefit from. This applies to material resources in early human history, such as forest lands and the resources found within it, clean and safe drinking water from rivers and lakes for human use and agricultural applications, the mineral resources that can be extracted from beneath the ground and all types of flora and fauna. The idea is that each resource should be maximized and given enough time, to replenish itself such that it can be used again and again without threat of depletion; example of this is fishing. People are also aware of the need to conserve non-renewable resources like oil so everyone can benefit. The availability of common-pool resources have existed since time immemorial but this has been threatened since the Industrial Revolution came about and the rise of capitalism, in which greed and individualism became paramount. Previously, people had devised ways or means by which to manage these resource through social or institutional arrangements for the long-term benefit of everybody without necessarily depleting these resources and thereby can manage to avoid the so-called â€Å"tragedy of the commons† by unfettered competition. This was done mainly through their cultural, social and maybe even religious practices by which most natural resources are only held in trust, as stewards, for the next generations to come. This is proven even in the marginal ecological zones over

Critical thinking- Critically discuss whether slum-upgrading projects Essay

Critical thinking- Critically discuss whether slum-upgrading projects have been a success or failure - Essay Example aces, health problems have led to the emergence of water borne diseases that have claimed the lives of many who resides in these areas (Katukiza 2014 Pg. 17). Poor sanitary services that cause the epidemic of diseases crops in when absentee tenants build overcrowded semi-permanent houses with a single toilet to be shared by a multitude. The slum- upgrading projects in many parts of the world face various set- backs such as lack of affordability to the poor to build better and many toilets. In addition, the slum- upgrading projects intended to relocate the displaced poor people to their own land found their way to the exploitative political figures. Since 2000, the government of many countries harboring slum dwellers and UNCHS (Habitat) has worked closely to help resolve the sanitary dilemma that has affected the health of many residents. Informal settlement has greatly affected the environment in substantial levels through its dense populated nature. Slum dwellers may engage in sporadic dumping tendencies that affect the environment. Slum- upgrading projects works towards identifying the best localities to build toilets and dumping sites. In its effort to locate these environments, the programs face challenges from the local authorities and political figures that may interfere with land tenure. When the slum- upgrading projects fails to secure land that it can build toilets and dumping site, residents of the slum engages in toilet and dumping behaviors that destroy the environment, which may cause health related issues to crop up. Slum- upgrading projects embarks on soliciting government figures and donors to facilitate the conservation of the environment (Snell- Rood 2013 Pg. 21). Its failure may arise when the project lacks a formidable source of the donation to take it through the entire program. Environmental challenges that face slum- upgrading projects in some slums involve steep terrain and rivers that borders the slum. The problem hinders the slum from

Army Battle command systems including the software Research Paper

Army Battle command systems including the software - Research Paper Example The other target groups are other officers in the joint military forces. Missions Command deploys such technologies in the management of such operations. The leadership is therefore able to make logical and well-informed decisions. Project management is also very constructive in the planning of activities in the order of priority. Project management is essential for every organization. It enables organizations to take care of the resources and time, and ensures that the objectives of and the project are achieved. Secondly, with systematic project management styles, it is easy to monitor the progress of every project and to determine the outcome. In fact, it is possible for project managers to predict the results of the projects. Third, it enables the organization to plan its activities in the order of priority. For example, software design precedes testing and implementation. Finally, it assists an organization in evaluation of projects to establish the feasibility and the value of the projects. Projects are organized according to the strategic plan of the organization. The leadership prepares strategic plans for every year, with the number of projects to be conducted. The organization of projects determines the sequence of projects, in a manner that multiple projects can run concurrently. For example, in the software design and development project, more than one system can be developed concurrently. While one project reaches the implementation stage, the other project can be found to have reached the documentation and test stage. The organization of the projects depends on the available resources, the urgency of project implementation and the available time for the projects. Organizations work with the project plans to eliminate confusion between multiple projects running concurrently. At any instance, the project management can provide the status of every project and the stages remaining for the

The Context of Loss of Autonomy by an Employee of an Organization Research Paper

The Context of Loss of Autonomy by an Employee of an Organization - Research Paper Example Among the theories of autonomy, the best and the most commonly used theory was developed by Kant. Autonomy has a different meaning to different fields. For example in the field of medicine respect for the autonomy of patients is considered to be an important objective. However, it can compete with ethical principles. In the context of politics, it is referred to as the self-governing of the individuals. Now in the context of public sector organizations, they are most inclined towards employing the individual whose needs and values are consistent with the mission of the public service organization. A public sector organization often holds missions which have a broader scope and also are more thoughtful in comparison to a public sector. The hierarchy of the public sector workforce is therefore expected to exhibit the nature of work by attracting the individuals who wish to grab greater opportunities in order to fulfil higher needs. Earlier studies also reveal that employees of public s ector organizations hugely values monetary rewards. It has also found that they do not value an opportunity by which they can help society. Mostly in public sector organizations lack of autonomy hugely affects an employee’s morale. Due to less independence, they sometime could not present their skills and expertise in a particular area of interest. This also affects the growth of an employee. Employees also get highly demoralised and it hugely impacts the overall performance of the employee. In order to curb such happening organizations are also taking various motivational programs such as financial incentives.

Social Upheaval of the 1960s Essay Example | Topics and Well Written Essays - 1250 words

Social Upheaval of the 1960s - Essay Example However it should also be known that social upheaval was certainly not just limited to those areas, and that it also reached large scale in nations such as Japan, Mexico and Canada. "The term is used both nostalgically by those who participated in those events, and pejoratively by those who regard the time as a period whose harmful effects are still being felt today. The decade was also labeled the Swinging Sixties because of the libertine attitudes that emerged during this decade" (Wolfe, 1999). The aim of this paper is to discuss the 1960s, particularly in regards to the social upheaval which took place during this time, and this involves not only social but political and social conditions as well. By addressing and discussing this as well as any and all other key and related issues, we will be able to come to a much more informed and knowledgeable understanding on the subject matter at hand overall. This is what will be dissertated in the following. Conflicts arise for a myriad of different reasons that are often a combination of politics, economics, and differing cultural identities, and whatever the actual reasons for a conflict beginning, there are some basics which constantly remain the same. The African American Civil Rights Movement is just one of many different matters which led to the social upheaval of the 1960s, and this is in many different regards; The African American Civil Rights Movement (1955-1968) refers to the different reform movements in the United States aimed specifically at abolishing both public and private acts of racial discrimination against African Americans. In the years of the 19th century, many states, most of which were located in the South, passed racially discriminatory laws. The racial violence that was aimed at African Americans greatly mushroomed at this point, and this period in time is often referred to as being 'the nadir of American race relations'. "Elected, appointed, or hired governme nt authorities began to require or permit discrimination, in the states of Texas, Louisiana, Mississippi, Alabama, Georgia, Florida, South Carolina, North Carolina, Virginia, Arkansas, Tennessee, Oklahoma and Kansas. Required or permitted acts of discrimination against African Americans fell mainly into four categories: (1) racial segregation - upheld by the United States Supreme Court decision in Plessy v. Ferguson in 1896 - which was legally mandated by southern states and by many local governments outside the south; (2) voter suppression or disfranchisement in the southern states; (3) denial of economic opportunity or resources nationwide, and (4) private acts of violence and mass racial violence aimed at African Americans, which were often encouraged and seldom hindered by government authorities" (Addington, 2000). The Vietnam War was another event which led to the social upheaval of the 1960s, and the war itself, which took place from 1959 to 1975, was considered as being a successful effort by the Democratic Republic of Vietnam, and the indigenous National Front for the Liberation of South Vietnam, to reunify Vietnam under a communist government. The United States worked in this war by first deploying large numbers of troops to South Vietnam between 1954 and 1973, and some particular U.S allies

Personality Assessment Instruments Essay Example for Free

Personality Assessment Instruments Essay Personality Assessment instruments are comprised of theories and techniques to measure an individual’s personality traits. The traditional psychoanalytical theories provide a framework for understanding negative behavior as well as concepts that predict future behavioral outcomes. Because of the possibility of predictive personality traits, career counselors and organizations have used personality assessment instruments to screen possible employers for qualification. In addition, personality assessment instrument have also been used to detect disordered personalities or other unresolved issues that cause negative behavior patterns in an individual. In this paper I will discuss three Personality Assessment Instruments widely used in measuring an individual’s personality; Myer-Briggs Type Indicator, Rorschach Inkblot Test and self help books. I will discuss the validity, comprehensiveness, applicability and cultural utility of these personality assessments in also examine the strengths and weaknesses of why some work and some do not. The strength and weaknesses of each personality assessment instrument is key in understanding which instrument is â€Å"appropriate† to use. Myer-Briggs Type Indicator Largely based on Carl Jung’s Theory of Personality, The Myer-Briggs Type Indicator (MBTI) was created by Katherine Cook Briggs and Isabel Briggs Myer, during WWII to evaluate personality types to know where to place women entering the industrial workforce. The MBTI would assess women for jobs they were best qualified for. Seeing how successful the MBTI was in placing women in the workforce, today it is still used as an assessment instrument by career counselors and organizations for team building (McCaulley, 2000). The MBTI is a self-report, forced-choice questionnaire. The letters represent the respective personality types which have 16 unique possible outcomes. The test has about 100 questions with only two choices to pick from. MBTI divides an individual’s personality into four areas (McCaulley, 2000); 1. Extraversion (E) or Introversion (I) . Sensing (S) or intuition (N) 3. Thinking (T) or feeling (F) 4. Judging (J) or perceiving (P) This scale is an important factor in determining the dominant, auxiliary, tertiary and inferior behaviors of the individual (McCaulley, 2000). Each individual is measured by the four-letter type formula. Each group of letters reveals the dominant function of the individual and followed by the auxiliary. Each of the 16 combination of letters explains the person’s personality and what area they best function in. Rorschach Inkblot Test Hermann Rorschach, Swiss psychiatrist, created ill-defined designs on paper using ink. After much trial and error, Rorschach settled on 10 inkblot cards used to show to patients and illicit a response. It was determined that different patients in a particular psychiatric group gave different responses. The test was created to understand the mind of an individual. During the assessment, the patient is shown a card and is expected to explain the thoughts that come to mind when analyzing the card (Cervone, 2010). The test-giver waits to see the type of response that comes from the patient. And the question of how the patient responds or perceives the inkblot determines the type of personality the patient may have. If the patient’s response matches the inkblot structure’s intended meaning, then the patient’s thoughts are geared towards their reality. If the patient’s response does not correspond with the inkblot then the patient is perceived to have a dysfunctional personality. Self-Help Books Widely popular, Self-help books are a great way for a person to understand psychological disorders and possible treatments. There are a variety of books written by scholars and psychologist who have done extensive work in their area of expertise. Many people who are skeptical about going to therapy choose self-help books as a way to self-administer treatment (Redding et. al, 2008). The problem people face when relying on these books for help is that there is no discussion to make sure that the person understands what they are reading. Also, the books cannot assess the person to see if they can help the person like the MBTI and Rorschach Inkblot do. There is no way to measure if the specific book can help the person. Personality Assessments: from Theory to Practice In this next section I will examine the validity, comprehensiveness, applicability and cultural utility. Throughout my research I have discovered that some critics have argued that each of these personality assessment instruments have weaknesses that do not support what it claims to produce. Others critics have shown the strengths’ in these widely used personality assessment to be applied in various cultures that have shown consistent scoring. Validity One of the most widely used personality assessment instruments is self-help books. They are easily accessible by most people seeking to resolve psychological issues. However, it is difficult to say if what the writer proposes to be a solution works effectively for the reader (Redding et. al. , 2008). The problem with the validity of self-help books is that not all are written by professional psychologist. Often people are faced with serious psychological disorders that they wish to resolve on their own as opposed to therapy (Redding et. l, 2008). Another issue with self-help books is that they do not test people to see if they have applied the information coming from the book to the area in their life where they face challenges nor can it pinpoint the exact disorder a person is dealing with. I would have to say that the Myer-Briggs Type Indicator holds the most validity out of the three personality assessment instruments and is the most favored. The MBTI has been tested and based on the 16 different possible personality types most people have fallen under one of the combinations. The MBTI follows the theory of personality traits by Carl Jung. Jung’s theory distinguishes two dichotomous pairs of cognitive behavior: extraversion and introversion (McCaulley, 2008). The MBTI has been shown to be successful in determining an individual’s personality that fits a specific career or in organizing groups for team building. On the other hand, when a person has been assessed using the Rorschach inkblot test, disordered personality can be revealed thru extensive testing. The validity of the Rorschach inkblot test as but argued that there is a bias in the testing because Hermann Rorschach’s training was in psychoanalytical theories. Another problem that arises with the Rorschach in examining its validity is the scoring of the test. Many of the scorers give a higher score to the test taker if their response matches those of previous scorers (Sendin, 2010). Comprehensiveness Self-help books focus on an areas in an individual’s life such as alcohol addictions, Attention Deficit Disorder, How to deal with a Break-Up. And while the books can be informative the theory behind the solution must be examined. Most self-help books are written in the opinion of the author writing the book. Some of these opinions may not be in accord with the reader’s background so it is difficult to say if the reader is able to comprehend what the author is conveying (Redding et. al, 2008). It also depends only what the reader is looking for. If the reader is open to alternative solutions as opposed to traditional one then the book will help but because a person is not tested on the self-help books they are reading it is hard to determine how comprehensive the book is. MBTI has 16 possible personality types that this world-wide instrument uses to address issues faced by individuals, groups and family counseling that are challenged with communication, career planning, learning and life -long development (McCaulley, 2000). When assessing an individual’s personality not only is this helpful in career counseling but also when determining why individuals or family members are having communication problems. Applicability Self-help books can be easy to understand. Some of the methods are broken down in simple steps that anyone can apply. However, if one wants to assess the type of personality that can handle a certain job the Myer-Briggs Type Indicator is more appropriate to use. This assessment instrument has been used by career counselors and employers to match individuals to specific studies or industries (McCaulley, 2008). I would not recommend using the Myer-Briggs Type Indicator when assessing an individual’s personality for disorders. The Rorschach Inkblot has been a successful instrument in examining the mind of a person (Cervone, 2010). However, the Rorschach inkblot was constructed according to Hermann Rorschach’s training in psychoanalytical theory. Cultural Utility Each culture is made of its own belief system and traditions. What applies in one culture may not necessarily apply in another. Some assessments can be used in most cultures and give the same results across the board. However, not all cultures will accept the theories behind the assessment. The issues that I have noticed in researching the MBTI and Rorschach Inkblot test is that in applying to different cultures there has been challenges faced by psychologist. For one, psychologists have not had extensive training in cultural diversity. Nor have they had training in language. Most ethnic low income groups have had poor health service in which there has been a misdiagnosis due to language barrier (Dana, 2000). Also to consider are groups who come from another country and have different views on the mental health system. For example, in administering the MBTI and Rorschach Inkblot test to Russian Jews challenges are faced because of their cultural belief. Russian Jews are highly suspicious of mental health professionals and find it difficult to believe that community health agencies do not have ties to the government (Dana, 200). As a result, they deny any mental health issues. The fear that exists with Russian Jews is because of the way they saw the Soviet Government force people to commit to a mental health institute (Dana, 2000). Consequently, self help books have been successful in reaching a mass audience because books have been published in various languages. Conclusion As you can see Personality Assessment Instruments have been very useful in helping to examine an individual’s personality for career choices, in team building and examining a disorder. However, specialist have has revealed their weaknesses and show that these instruments cannot be applied in any situation without further investigation. Each personality assessment instrument is unique with it’s own characters. In order to be able to better serve the mental health industry only a particular assessment can be used for a specific analysis.

Appraising and Rewarding Performance of Manulife China Bank Life Essay Example for Free

Appraising and Rewarding Performance of Manulife China Bank Life Essay Assurance Corporation Manulife Philippines marks its 100th year of existence in our country. It is one of the oldest insurance firms in the country. The firm received its license to operate in Manila in 1907, twenty years after the company was first established in Toronto, Canada in 1887 by Sir John A. Macdonald, who at the same time was Prime Minister of Canada. Manulife Philippines was the first foreign company to list in the Philippine Stock Exchange, and is among the top five life insurance companies in our country today. The firm’s dedication to client service enabled it to grow and increase financial strength. In 2007, the Philippine Insurance Commission (IC) and the Bangko Sentral ng Pilipinas (Central Bank) approved the operation of a bank assurance joint venture company, Manulife China Bank Life Assurance Corporation (MCB Life). MCB Life is a strategic bank assurance alliance of China Banking Corporation (China Bank), the Philippines’ first privately owned commercial bank, and The Manufacturers Life Insurance Company (Manulife), a wholly owned subsidiary of Canadian-based Manulife Financial Corporation. In Asia, Manulifes goal for each market is to develop a company that will best meet the needs of customers, achieve employee satisfaction, and provide leadership in the life insurance industry. Manulife works hard to build companies that cultivate wealth creation, wealth protection, and an improved quality of life for local customers. Manulifes corporate vision is to be the most professional life insurance company in the world: providing the very best financial protection and wealth management services tailored to customers in every market where the company does business. MCB Life’s mission is committed to develop long term relationships with families and businesses which make us the company of choice in providing economic security through a broad range of financial services, customized and delivered by competent and ethical professionals. C. Company Profile and Background of Sun Life Financial Sun Life Financial is an international leader in protection and wealth management with key operations in Canada, US, UK, Hong Kong, Japan, Indonesia, India, China, Bermuda, and the Philippines. Sun Life of Canada (Philippines) pioneered life insurance in the Philippines in 1895. Today, Sun Life of Canada (Philippines), Inc. , is one of the largest and most trusted insurers in the country with almost a half a million policies in force and is boosted by the strength and stability of Sun Life Financial shares in the Philippine Stock Exchange. Sun Life Asset Management Company, Inc. SLAMCI) is the fund manager and principal distributor of the biggest family of mutual funds in the Philippines, the Sun Life Prosperity Funds. It also boasts of being the first in its field to put in place the accounting system needed to adequately comply with the standards set by the International Accounting Standards (IAS). Serving as the company’s wealth management arm, SLAMCI benefits from the expertise of its mother company’s close association with MFS Investment Management (the inventor of mutual funds in the US). Sun Life Financial Plans, Inc. SLFPI) is the second wholly-owned subsidiary of SLOCPI and the sole distributor of its pension and education plans. SLFPI holds the distinction of being the fastest growing pre-need company in the country today. For 113 years now, SLF-Philippines continues to be a proud and trusted partner of the Filipino in his journey to financial freedom. D. Company Mission and Vision of Sun Life Financial Sun Life Financial’s vision is To be the preeminent provider of financial security to individuals over their lifetime. With regards to this mission of the company, Sun Life Financial aims to provide financial freedom for Filipinos. The objective of this study is to present the methods of rewarding and appraising performance of our two chosen companies, particularly in the insurance industry. For this research, we chose to do a study on Manulife Philippines, more specifically Manulife China Bank Life Assurance Corporation (MCB Life); and also Sun Life Financial. This paper aims to present the different rewards given to employees and performance appraisals done to evaluate their employees’ performance, while comparing both companies. In order to obtain a clearer picture on how employees are being appraised and rewarded in two companies in the same industry, a comparison between Manulife Philippines and Sun Life Financial should be done. F. Statement of Problem The researchers would conduct a study on the rewarding and appraising of performance of insurance companies, and what the companies want to achieve. The researchers would like to find out how the companies reward their employers in this industry, and the process of performance appraisal; and the effects of these human resource activities in the daily operation of the companies.

Rise and Failure of Monetarism in the 1980s

Rise and Failure of Monetarism in the 1980s Expand and Explain the Rise and Failure of Monetarism during the 1980s Monetarism, as an economic and political policy in the United Kingdom, (Hereafter UK) can be seen to have come to the fore in the late 1970s with the election of Margaret Thatcher’s Conservative Party. The government’s brief experimentation with the concept was arguably over by 1982. However, the rise and failure of monetarism cannot be explained fully by analysis of the 1980s alone. It is necessary to consider the historical precursors to the elevation of monetarism as a key economic and political policy. A vital component in understanding this is the demise of Keynesianism as a desirable economic policy. Furthermore, we need to discuss to what extent monetarism it can be said to have failed completely. In addition to this the discussion herein will analyse the relevance of using macroeconomic terms to understand political, economic and historical issues. The essay will conclude that the rise of monetarism came about due to the nature of the global economy and that the study of monetarism is useful as it reflects not only the political complexion of the nation state but the wider global influences. Finally, the essay will concur with Bradford De Long’s theory that monetarism, a failure as a complete experiment, still retains an influence on modern economic thinking. Before embarking upon a discussion of the rise and demise of monetarism it is necessary to establish what is meant by the term. Monetarism is defined as ‘a system of controlling a countrys economy by limiting how much money is in use at a particular time’ (Cambridge Dictionary 2004, online). Monetarism, as promoted by Milton Friedman[1], focuses upon price stability, in contrast to Keynesian economics that place the greater emphasis on the rigidity of currency value. While the 1980s provide the main focus of debate the growth of the theory’s popularity can be traced to the 1950s. It is therefore necessary to briefly establish the precursors to the 1980s to comprehend the rise and fall of the monetarist system. Macroeconomic models, such as monetarism, can be an important tool in understanding history, economics and politics. During the late 1970s macroeconomic models were important not only in understanding economics but also because modellers were close to policy-makers. The economic modellers had an important influence on the events at the time and offer another way of understanding the historic and political significance of the early 1980s (Wren-Lewis 1995, p. 204). The benefits of such an approach is that one can move away from analyses dependent on concepts of national politics, concepts such as Thatcherism: Approaches which look at the recomposition of the British state during the 1980s in terms of ‘Thatcherism’ fail to conceptualise the global relations of exploitation in and through which the British state subsists (Bonefeld 1993, pp. 252-3). In contrast, the study of economic policy, in this case monetarism, cannot be divorced from the global political and economic issues of the time. It is important to this discussion that a wide view is taken to reflect the various impacts and influences on politics and economics. Such an approach is one adopted by many academic writers on the subject. For example Saad-Filho and Johnstone’s collected work on neo-liberalism includes a discussion of monetarism (Saad-Filho and Johnstone 2004) while economic, political and historical journals all contain reference to the political and economic changes of the period. Thus, monetarism as a concept allows us to deal with a number of combined elements simultaneously. Without the relevant social, political and economic environment an economic policy, like monetarism, would not have been able to take a foothold and assume dominance over Keynesian modes of thinking. However, such difficulties were apparent at the time. Economic planners were faced with difficulties that Keynesianism did not appear able to address. The problem faced by economic planners is most clearly illustrated by the growth of inflation. In the period between the end of the Korean War and the beginning of the 1970s, the inflation rate in the United Kingdom never rose above the 5% annual figure. However, this figure rose to 17%, then 27% and back to around 15% in 1974, 1975 and 1976 respectively (Kenway 1994, p. 124). Indeed, the world economy had become strained even by the late 1960s. As Harold Wilson took office in October 1964 at the head of the Labour Party, the Prime Minister was embarking upon a period of economic upheaval. The Chancellor of the Exchequer, James Callaghan, sought to replenish Britain’s gold reserves, cut wages and improve exports of British goods. Hindered by industrial unrest he and his successor, Roy Jenkins, failed to control rising wages. This example is symptomatic economic difficulties that led to elevation of monetarism as a way of improving the economy. By the mid-1970s ‘Keynesianism appeared to be a spent force’ (Bonefeld 1995, p. 35). Not only was this the case but in contrast monetarism was on the ascendancy, as David Smith has summarised: For monetarists, and in particular British monetarists, the early 1970s were what the Great Depression had been for Keynes and his followers. Existing ideas about economic policy had been dealt a savage blow by actual events (Smith 1991, p. 45). One of these actual events was the move away from the Bretton Woods system.[2] This was a reaction to the economic difficulties that increasingly resulted in the disengagement of labour from capital. Monetarist policies sought to re-associate the relationship between the market and labour. As part of this process, advocates of monetarist policy sought to greater exploit the labour force, lower their wages and cut expenditure upon public services. Monetarism was designed to make market freedom the deciding factor in regulating the economy rather than maintaining labour at an artificial level. Its appeal was such that monetarism was being accepted as a viable economic school of thought in all western countries by the mid-1970s. Central to the philosophy of monetarism, as Bonefeld points out, was the abolition of employment guarantees as a pre-condition for economic recovery (Bonefeld 1995, p. 36). Power over the economy would be taken back from organised labour and the free market would regulate the relationship between money and the workforce. As part of this trade unions became undesirable and any false elevation of the role of labour, through artificial levels of employment and high wages, had to be addressed. Monetarism, therefore, with its emphasis on the strict relationship between money and exploitation of labour, appeared to offer a solution to the problem of people and governments spending ‘beyond their means’. In essence, monetarism offered ‘a capitalism of ‘value for money’’ with Labour subjugated to the same level as any other factor of production (Bonefeld 1995, p. 45). Monetarism’s appeal would not have been effective without apparent difficulties in the dominant economic theory of the time, Keynesianism. In part, the predominant Keynesian philosophy was undermined by the overly-confident position of its proponents. They failed to consider the threat to their dominant model and the serious competition posed by monetarism. However, this was in direct contrast to the reality of the economic landscape. In this respect the star of Keynesianism was on the descent in the eyes of many people: The old Keynesianism lost its hold within economics, not because economists ceased to believe in the importance of unemployment, but rather because they ceased to believe the Keynesian account of how those variables were determined and, in particular, the means by which the government could influence them. The transformation from Keynesianism to Monetarism required, therefore, a transformation of views about how the economy worked. (Kenway 1994, p. 10). The transition of views referred to by Kenway started to materialise with a growing appreciation for the monetarist system in some circles. On the academic front the cause of monetarists in the UK was boosted as Harry Johnson was appointed Professor of Economics at the London School of Economics (Hereafter LSE). His influence spanned the Atlantic from Chicago to London and he became a key academic proponent of monetarism. This position was bolstered as Johnson formed the driving force behind the Money Study Group at LSE, which was a forum for monetary theory and policy. The Money Study Group provided the respectable face of monetarism and highlighted the growing body of academic in favour of it. Academic support alone could not account for the elevation of monetarism over Keynesian philosophies. The House of Commons and the role of policy-makers were, of course, necessary for the successful implementation of any economic policy. Johnson and other economists, with the help of Conservative MP Richard Body, produced a pamphlet entitled A Memorial to the Prime Minister. The document was signed by eight leading monetarists and had the support in the House of Commons of forty Conservative MPs. The producers of the pamphlet, who called themselves the ‘Economic Radicals’, attacked the policy of Edward Heath’s government, but with little effect on his political position or outlook. Despite the ‘Economic Radicals’ making another public appeal in 1974 a second miner’s strike brought about two general elections and a Labour government. This was a failure for the Conservative Party but it ultimately pushed the party towards the Right and towards Ma rgaret Thatcher, a key proponent of monetarist doctrine. In the public sphere monetarism also began to attract some influential backing. David Smith has also demonstrated that monetarism began to find some powerful allies in the newspaper world of Fleet Street. Samuel Brittan, economic commentator for the Financial Times and Peter Jay, economic editor for The Times, both favoured monetarist economic philosophy. Eventually this favouritism evolved to open advocacy for monetarism and, as Smith argues, they were soon joined by others (Smith 1991, p. 52). Such support would have no doubt been invaluable for bolstering the attractiveness of monetarism. It put the debate into the public arena, allowing people to become involved or at least aid understanding of the debates in question. Furthermore, the influence would have had a reassuring effect on the City, a key ingredient in the success of any economic policy. Monetarism, therefore, was not an unknown ideal in 1979 when Margaret Thatcher’s Conservative Party swept into office. On the contrary, as had been discussed above, the Conservative Party had in some part been pushed to the Right of the political spectrum because of economic issues. However, it was not necessarily such a clear break from previous policy as one might assume. Instead one agrees with Bonefeld’s view that 1979 brought continuity as well as change: [T]he shift from Labour to Conservative government in 1979 comprises a complex of discontinuous and continuous elements. In the 1970s, there was an integration of monetarist policies with Keynesian forms of class collaboration; the incoming Thatcher government continued, in a more radical fashion, monetarist economic policies in a monetarist framework (Bonefeld 1993, p. 251). Bonefeld is careful to assert that the Thatcher government’s approach to economic policy, while more radical, was not revolutionary. As with the study of history it is vital to understand the continuity as well as the changes in society. With this in mind it is easy to see why Bonefeld was clear, as discussed earlier, in condemning those who viewed the period in Thatcherism. Not only were they ignoring the wider global ramifications, but also by studying Thatcherism specifically one is tending to ignore the continuity and place over-emphasis on change. As the Conservatives came to power they did so with a determination to beat high inflation rates in the United Kingdom. Their position had been weakened partially by previous national wage rises. This was in contrast to the ‘tight money’ principles of monetarism. Thus, while attempting to curb inflation the levels actually rose to 22% by May 1980 (Pugh 1990, p. 347). Thatcher’s government sought to adhere more firmly to the monetarist principles as a way of tackling monetarism. A key component of this was Geoffrey Howe’s budget of 1981 which is ‘generally taken to be the most dramatic demonstration of the fact that Keynesianism was no more’ (Smith 1991, p. 105). But there was some ambiguity about the aims and methods of monetarist policy as Pugh highlights: Though professed for many years by marginal figures in the economics profession, monetarism remained an unproved theory; and it was not clear what exactly constituted the money supply. For some years Chancellors of the Exchequer kept changing their definition in an effort to apply the theory in the real world (Pugh 1990, p. 347). Thus the concept of monetarism was a difficult one to grasp and the theory was harder to implement under real economic conditions. Yet, despite this there was some evidence to suggest that by 1981 the Conservative’s policy of monetarism was beginning to yield some positive results in the fight against inflation. But this came at a cost. The 1981 budget had introduced strict monetarist policies because although inflation had fallen in 1981 it had done so because the economy was in economic depression. Howe therefore set about implementing some heavy-handed deflationary measures. His budget brought with it large tax increases, a reduction in borrowing by the public sector which fell from  £13.5 billion to  £10.5 billion (Pugh 1990, p. 347). The fear was that this would lead to high unemployment. Mrs Thatcher could have been politically challenged at this point. A number of politicians disagreed with her stance and had they resigned they may have forced her hand. However, failure to do so emboldened Thatcher who embarked on a period of strengthening her position. She rid herself of the so-called ‘wets’ in her party, the likes of St John Stevas, Gilmour, Pym and Prior, while simultaneously promoting these close and loyal to her such as Norman Tebbit, Nigel Lawson and Cecil Parkinson. However, while the monetarist policy failed to halt Thatcher politically the economic consequences were widespread. Britain was set for the worse economic depression for fifty years, with unemployment reaching 2.7 million. The Conservatives continued to claim their policy was intended to aid the country in the long-term. Between 1983 and 1988 Chancellor of the Exchequer, Nigel Lawson, pointed to some economic growth as proof of the success of Conservative monetarist policies. Indeed, as Pugh points out, the Conservatives could rightly point to decreased union militancy as evidence of their success in redressing the imbalance between money and labour influence. However, as Pugh also suggests, this had as much to do with the high rates of unemployment as it did of any successful government policy (Pugh 1990, p. 348). Thatcher’s monetarist policies allowed the manufacturing industry to fall into decline. Although the period saw some expansion of service industry this was by no means enough to make up for the losses in industry. Furthermore, it sometimes exacerbated other issues. For example, as the service sector grew and demanded more use of computers the balance of trade deficit was increased as more computers were imported. Britain’s lack of a strong export sector heightened the economic decline and to protect the pound from currency speculation high interest rates were introduced. Not all of these difficulties were clearly evident at the time, for Nigel Lawson was claiming a mini-boom in the mid-1980s. The Conservatives won elections in 1983 and 1987 despite high unemployment rates. In this respect the monetarist principle of getting people to accept unemployment and move away from notions of guaranteed employment appeared to be working. However, what expansion there was came at the expense of mounting personal debt. Martin Pugh has shown how private debt per household rose between 1980 and 1989 from  £16 billion to  £47 billion. In the same period borrowing on mortgages shot up from  £43 billion to  £235 billion (Pugh 1990, p. 350). Lawson did not learn from previous mistakes either. The high rises in personal debt did fuel a consumer boom. Consumer booms in turn generate a feel good factor in society however it is unsustainable because of the levels of debt incurred. Furthermore, with the decline in manufacturing the demand for consumer goods had to be satiated by importing items, thus further expanding the trade deficit to new heights. Lawson then exacerbated the situation to an even greater extent. He continued to fuel the consumer boom but the economy turned down once more. Despite his protestations that this was only a temporary problem the fact remained that a second depression had been brought into effect. As Pugh explains this had substantial political repercussion: Monetarism had long since been abandoned as unworkable, so that the government had no weapons at its disposal except for the highly destructive use of interest rates which, at 13 per cent, severely handicapped industry. The appearance of a second depression with the decade undermined all the claims made for Mrs Thatcher’s radical economic strategy†¦ After twelve years in power Mrs Thatcher was to leave office with the economy demonstrably weaker than when she first took over (Pugh 1990, p. 351) There is no question of economics influencing the downfall of the Conservative Party and more specifically Mrs Thatcher. The cause and effects of depression appeared to be obvious signs of a failed policy in monetarism. However, debate continues to surround the point at which it is fair to say that monetarism itself failed or was superseded by newer economic thinking. Furthermore, it should also be considered whether or not monetarism ever failed entirely of if the policy has continued in some form. Thatcher had come to power as the world trade recession was worsening and the combination of these two economic factors was damaging as social historian Arthur Marwick explains: In this context the Government’s determination to adhere strictly to the principles of monetarism and to ruthlessly curtail public spending had very serious repercussions. Unemployment in 1979 had eased to 5.7%. In 1980-1 it took off astronomically and by the end of 1982 had more than doubled, with a rate of 13.4 per cent, and a highest-ever number of people out of work 3,190,621 (Marwick 1990, pp. 271-2). On these figures alone it would appear that monetarism was an ill-suited remedy to the economic difficulties. However, the Conservative government was implementing standard monetarist principles. They sought to lower taxation in an effort to reward greater free market enterprise. In direct opposition to socialist principles as much financial choice as possible was to be left with the individual. The state should, under these circumstances, take a back seat. Part of this deregulation took the form of attempting to limit the power of trade unions and channelling money into small businesses. Monetarism went hand-in-hand with de-industrialisation. Debate and uncertainty remains over whether monetarism can be said to have failed by 1982. Despite the debatable end of Keynesianism in 1981, arguably monetarism in its simple form did not last past 1982. The 1980-2 economic crisis meant policy-makers responded with Keynesian deficit demand management. In 1982, at a time when Mexico almost defaulted, the March 1982 UK budget appeared, to some people, to present another watershed in economic planning: To some commentators, March 1982 represented the end of the monetarist experiment. That was premature. But it was the start of the official process of unwinding the policy (Smith 1991, p. 106). It was premature because the flirtation with monetarist principles did not end entirely. After the 1982 budget some improvements in the economy were visible. For example, inflation fell; modest recovery was noticeable although unemployment remained high. But as politics began playing into the economic equation Howe sought to woo the electorate with economic incentives in the run-up to a 1983 election. By initiating a consumer boom before the election the economic cycle had returned to one of boom and bust. It is true that the Conservatives did not manage to adhere strictly to their own spending limits and therefore appeared to be undermining their monetarist economic roots. However, Marwick argues the reality is not as clear cut as this: But the very definite restrictions on expenditure in certain areas, the whole concept of ‘level funding’, that is to say funding that did not automatically make adjustments for inflation or pay settlements (as had been the general principle in the ‘consensus’ period), and the ready resort to high interest rates, continued to give government policy a distinct monetarist flavour (Marwick 1990, p.312). It is perhaps therefore wrong to discard the concept of monetarism post-1982. As Howe moved to the Foreign Office to be replaced by Nigel Lawson the UK saw a brief return to rigid adherence to monetarism. If viewed in light of Marwick’s comments this should not be seen as surprising for the monetarist undertones were still prevalent. Thus, alternatively Smith proposes that the January 1985 Sterling crisis marked the changeover point from pragmatic monetarism to pragmatism (Smith 1991, p. 123). Arguably then we can trace the rise and demise of monetarist policy and conclude, as Smith does, that a clear watershed was reached. However, an alternative discussion is purported by Bradford De Long who suggests that the New Keynesian ideas that appeared to supersede monetarism in fact actually contain many of the same elements, under a different name (Bradford De Long 2000, p. 84): We may not all be Keynesians now, but the influence of monetarism on how we all think about macroeconomics today ahs been deep, persuasive, and subtle (Bradford De Long 2000, p. 85). In this respect it may be incorrect to study the rise and failure of monetarism as a policy. This may be particularly incorrect if one talks only of the monetarist experiment and specifically 1979 to the early-to-mid 1980s. Monetarism did not begin in 1979 with Thatcher’s government and an analysis of it in terms of Thatcherism ignores too many other economic, global and political variables. In much the same way, if we adopt Bradford De Long’s conclusions it may be incorrect to talk of the failure of monetarism. However, as Pugh’s argument suggests it seems to be during Thatcher’s time that monetarism came to the fore of public knowledge. Arguably the peak of monetarism’s influence came in this period of the short experiment. However, the rise and fall of monetarism must take into account the wider implications outlined above to provide a more complete understanding. Furthermore, while its most public experimentation may have occurred in the 1980s t his does not preclude its existence and therefore its importance in either the period before or the period after. Bibliography Online Sources Cambridge Dictionary Online, http://dictionary.cambridge.org/define.asp?key=51549dict=CALD, (Accessed 12th June 2005). Wikipedia Online Encyclopaedia, http://en.wikipedia.org/wiki/Monetarism, (Accessed 11th June 2005). Articles Bonefeld, Werner ‘Monetarism and Crisis’, in Bonefeld, Werner and Holloway, John (eds), Global Capital, National State and the Politics of Money, (London 1995, pp. 35-68). Bradford De Long, J, ‘The Triumph of Monetarism?’, Journal of Economic Perspectives, Vol. 14, No. 1 (Winter 2000, pp. 83-94). Wren-Lewis, Simon, ‘Review. From Keynesianism to Monetarism: The Evolution of UK Macroeconomic Models’, The Elconomic Journal, Vol. 104, No. 428 (January 1995, pp. 203-5). Books Bonefeld, Werner, The Recomposition of the British State during the 1980s, (Aldershot: 1993). Kenway, Peter, From Keynesianism to Monetarism. The Evolution of UK Macroeconomic Models, (London: 1994). Marwick, Arthur, British Society since 1945, (London: 1990). Pugh, Martin, State and Society. A Social and Political History of Britain 1870-1997, (London: 1999) Saad-Filho, Alfredo and Johnstone, Deborah (eds), Neoliberalism. A Critical Reader, London: 2004). Smith, David, The Rise and Fall of Monetarism. The Theory and Politics of an Economic Experiment, (London: 1991). 1 [1] Milton Friedman was an American economist known for his promotion of laissez-faire capitalism. For a biography of the man consult the Wikipedia online encyclopaedia at: http://en.wikipedia.org/wiki/Milton_Friedman. [2] The scheme is described thus: ‘The Bretton Woods system regulated the international deficit financing of demand on the world market on the basis of an inflationary supply of dollars to the rest of the world’ (Bonefeld 1995, p. 35). Bretton Woods was so named after the New Hampshire village where it was devised in 1944.

Scout’s Maturity Essay -- English Literature

Scout’s Maturity Maturation is a stage of growth that we as human beings begin at birth. â€Å"To Kill a Mockingbird† in Harper Lee shows Scouts growth as she experiences and understands the prejudice of Maycomb. In the beginning Scout is a naive little girl but as the story commences she begins to understand what goes on in Maycomb and by the end she may still be young but she has matured. In â€Å"To Kill a Mockingbird† author suggests the actions we take lead us to become human beings and what we have done and learned from it leads to mature beings. In the beginning, Scout is an outsider, a tomboy who is not accepted by her brother or his friend. She is known as â€Å"the girl† also she announces that she is five years old but she tries her best to fit in and play with he brother and Dill. Scout thinks of herself as an adult in the beginning, like at when at school she thinks of herself and her school mates as little adults, who must take care of the first year teachers, this shows she is still small but is working her way to adulthood. As the first part of the story progresses we learn another quality which makes Scout immature; the fact that she can’t control her anger. For example when Scout beat up her cousin, this shows she needs to accept something’s and let them go because if she keeps getting angry she is going to go on a rampage because in those days bigotry existed and she has to get use to it.. Scout makes very little progress in the first part of â€Å"To Kill a Mockingbird† but that doesn’t mean she isn’t determined. To fit in and feel as old as achievable is one of her true goals so she does as much as she can do to fit in and act as old as possible. One thing she does that is mature is she tries her b... ...but in the beginning she made childish accusations. As the story progressed she was shown the true colors of people and understands how life is in Maycomb County, Alabama. Near the end she makes better decisions and the ideas that come to her mind make her seem more mature. After Tom Robinson gets shot Scout matures into a woman mentally and the court trial was the route that showed her the people and there prejudice decisions from a girl to a man. In â€Å"To Kill a Mockingbird† Harper Lee says that in life we encounter many situations that affect us deeply but from the mistakes of others we learn valuable lessons. Scouts maturation from a young girl to a young woman is a slow alternation she made as she went through the tunnel and showed how she matured. People far prefer belonging than wisdom, but that is like wanting to be immortal without getting older.

Use of Allegory and Symbols in William Goldgings Lord of the Flies Es

Use of Allegory and Symbols in William Goldging's Lord of the Flies   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   William Golding's Lord of the Flies allegorically shows the good and evil that co-exists in every human being.   Each character and symbol renders this possible by what it represents.   Ralph and Jack allegorically represent opposing political forces: Jack as the dictator or fascist and Ralph as the prototype of a democratic leader.   The island represents the archetypal garden and the conch shell represents power.   Golding uses British schoolboys to show progressive degeneration and to prove that a little bit of evil exists in all of us.   Each of these symbols aid in proving that we all have some evil in our hearts.   Ã‚  Ã‚   Ralph begins the story as a carefree boy who does not understand the tragedy befallen upon the boys.   Ralph soon realizes a need for authority and becomes the true leader of the boys.   He represents a democratic leader and a traditional form of government.   To enforce a parliamentary procedure, he uses to conch shell.   It symbolizes power and authority.   No boys are aloud to speak at a meeting without holding the conch.   He symbolizes the exact opposite of Jack; his evil and rage remain well hidden which aides in keeping peace on the island for most of the time.   In one scene, when Jack and Ralph are brought together physically after Jack refuses to help build the huts, Golding seems to prepare the way for a larger contrast of two life-views as he opposes Jack-the-hunter to Ralph-the-builder.   Ralph also helps to bridge the world of his common sense and Piggy's intelligence.   Golding's comparisons are reminiscent of moral allegories.   Ralph could not defend civilized ideals without his sidekick Piggy's insightful ideas.   Ã‚  Ã‚   Pig... ... parachutist symbolizes as the past, the legacy taught by history, which the older generation always expects the younger generation to accept and follow.   It could also represent the wellspring of evil, which becomes manifest most obviously in the act of one man killing another.   Perhaps it represents fallen man, whom Simon later redeems or sets free.     Ã‚  Ã‚   Lord of the Flies teaches many valuable lessons about evil and its impact on human behavior.   Golding uses allegory effectively to remind us of this potential hazard. Recent events in Afghanistan and New York City painfully remind us of this flaw in human nature.   Hopefully, this powerful novel will open people's eyes to the evil inside of them so they will not make the mistakes made by the characters in this book. Works Cited: Golding, William. Lord of the Flies. New York: Putnam Publishing, 1954.

Darren Aronofskys Requiem for a Dream Essay -- essays research papers

Darren Aronofsky's Requiem for a Dream Requiem for a Dream is a movie that was directed by Darren Aronofsky. It's a story about the decent in to the hell and torment of drug addiction; however, Aronofsky sets out to demonstrate both the seductive ecstasy of a high and the shattering anguish of addiction. Character development is the main focus of Requiem, which is shown through creative camera angles, precise editing, and brilliant acting.   Ã‚  Ã‚  Ã‚  Ã‚  This movie blew my mind away, actually I found it difficult to sit through the entire movie without taking a break to go outside just to make sure that reality wasn't as bad as the movie made it seem. Aronofsky did a mind-boggling job of exploring the pleasures, and horrors of drug use. However, he did it in a way that I had never seen before, his camera work and editing were so creative I couldn't help but repeatedly think "Wow, I've never seen anything like that before." In a movie review of Requiem Arthur Lazere states "Technique is important here because Aronofsky's films are both manneristic and expressionistic in spirit and style, exaggerating and distorting images for dramatic effect. He uses split screens, fast motion, fades to white, body-mounted cameras, repeated sequences, exaggerated sound effects somewhat self-conscious methods that quite deliberately keep the viewer always aware of the filmmaker and what he is up to, much the same way some painters u se a think impasto"   Ã‚  Ã‚  Ã‚  Ã‚  "I'm somebody now, Harry! Everybody likes...

Ge Pestel Analysis Essay

Politics highlight the role of nation governments, as the large global company, the firm has to deal with national political systems differently. The difficulties to negotiate with government conditions including tax systems, regulations and restriction which the firm has to adjust the service conditions and product requirements to get into the nation markets. These will be the huge impact which the firm has to be considered properly in order to work well with the governments and reach customer goals. However, The political conflict might have an effect on investment decisions of new entry. For example, according to Dibb and Lyndon, the research say that annually, firms in United States have to hand in tax returns to The Internal Revenue Authority on April 15th as the US government required. The other example is in Thailand. Due to inconsistency of Thai government, there was a political protester occurred in Bangkok public places such as national airport and many other important places which stop and extremely harm the economy. This shows the difference of political stability (Thailand’s Protesters Highlight Rifts, 2009). Economic The fluctuation of national growth rate and fuel price is significant. It can be the greatly impact on the firm. Operational cost and labor cost have to be considered. The firm has to avoid both of deflation and inflation of every countries because the difference of economic growth and the external factors which will affect the firm such as the unpredictable situation which come from the fluctuation of currency exchange. The different currency exchange rate has an influence on the firm in order to predict an economic performance. The term of trade to comparing import price and export price also have to be considered in order to know the balancing payments which will be the main factor causing the currency exchange rate issue. Social It depends on changes of social trend which affect the national demand. There are many variations that have to be determined including culture, norms, religion and social environment. GE considered the social issues as one of the main factors in order to doing investment in that country. For example, considering about demographic statistics in order to make the products which can support the people and get into market target. In addition, managing people in organization to work in that invested country to perceive the other opinions which will benefit for developing the product or adapting the services for satisfy the customer needs such as GE healthcare in Japan, they can get into the healthcare market because the firm investigate the market properly and make the right decision to take this advantage by selling high definition of Low-dose scans because Japanese tend to concern about health problems (GE annual report, 2011). However, The failure of investment in developing country is higher than developed country due to quality of life, living expense and social welfare. Technical According to high pace of competition, the innovative technologies are always being released by utilizing more advance technology from competitors. The firm focuses on innovative products. It will be the key to compete with others by using new business models which invented by GE technology. Whereas the development of existing products is tend to be slow down the businesses performances because the advance technology from competitors. It can see from the table as below. Environmental The company concerned about the environmental issues because the firm have to deal with different environmental factors in different countries. Although there were a degradation of environmental in Asia, the geography is also benefit to open the new industry because the expense is lower than developed countries which have high tax such as the carbon emission tax which causing the firm performance in Australia and affecting the firm investment (Meng, Siriwardana & Mcneill, 2011). Thus, the company decided to investment in developing countries instead due to low environmental regulation issues. Legal Free trade agreements signed with Japan, Australia, Vietnam, Malaysia, Thailand, Canada, German, Korea and the opening market in Southeast Asia is significant based on US trade agreements (GE News, 2011). Regarding to Opening free trade market, the firm will able to expand the businesses easily. However, the manufacturers are controlled by the laws and agreements of each country.