Saturday, August 31, 2019
Fashion History of Womenswear (1900~1950)
To inform Specific purpose: To inform my audience fashion history of Homeowners between 1900?1950 Central idea: Western fashion history of Homeowners between 1900-1950 were highly influenced by history event such as World War I and II Main idea: l. WWW brought Asia culture to Europe and Japanese dress are one of the major influence II. WWW brings women to workplace therefore shape and length of dress had huge change, Channel were raised up this time Ill.After WWW was another twist point, fancy comes bad and Door's The New look were published Commentary were highly influenced by history event such as World War I and II Method of organization: Chorological Introduction: The introduction of Fashion consists at the beginning. We begins with a brief our feeling towards fashion. Body: The body of the speech Chocolate provides an idea of how the society, economic and culture change the influenced the fashion style in Western culture. The first point is about how World War 1 brought Asia cul ture to Western culture in fashion.A transition to World War 2 marks Vanessa move to the second point, in which how World War 2 affect the use of fabric, and shows the evidence by photo on the visual ads. Vanessa ends the second point by how the people at that time solve their problem fashion. After the transition, Chocolate bring the subject to 1947 which mention about the change after war, and Dior' The New Look published. Conclusion: Consisting at the end of the speech, the conclusion reminds listeners of the significance of the topic and summarizes the main points. Also, it provides a sense of feeling for audiences that they are a part of the fashion history too.
Friday, August 30, 2019
Joining Sports
Below is a free essay on ââ¬Å"Persuasive Essay On Joining Sports/clubsâ⬠from Anti Essays, your source for free research papers, essays, and term paper examples. Teenagers are blessed with the gift of limitless free time. Most of them fill that time slot after school with video games, television, and other distracting technologies. However, there is a much more beneficial option for after school activities. That option is joining co-curricular sports or clubs. These activities have proven benefits, and every student should join one.Sports are a excellent way to stay in shape. MayoClinic says that teenagers require at least an hour of physical activity per day. Physical activity is important for a healthy lifestyle. Unfortunately, more and more adolescents are neglecting their health every year. As of 2001, 25% of American children are obese. (Anne Collins). According to Anne Collins, new studies suggest one in four overweight children are showing early signs of type II diabete s and 60% already have one risk factor for heart disease.America's youth is becoming substantially less healthy, but participating in a sport will decrease their chances of becoming obese. Joining either a sport or club will compel teens to become more sociable, and they can even make new friends. Dr. Phil himself says that a healthy social life helps keep teens happy, and they become less susceptible to depression or suicide. 5,000 teens die of suicide per year (Kidshealth. org). Suicide is the third-leading cause of death for 15- to 24-year-olds, according to the Centers for Disease Control and Prevention, surpassed only by accidents and homicide.Sports or clubs can strengthen social skills and friendships. Making new friends is always a positive benefit any day. It is proven that teenagers will be less likely to use drugs while enrolled in co-curricular activities (Athletic Association of Western Universities). The terrible reality is that 50% of teens use drugs regularly (Teendr ugabuse. com). Alcohol is the easiest drug for teens to obtain, sadly, alcohol kills 6 ? times more teenagers than all other illicit drugs combinedâ⬠¦
Thursday, August 29, 2019
Book Review Questions Essay Example | Topics and Well Written Essays - 1250 words
Book Review Questions - Essay Example book draws conclusions based on Talmudic tradition in the creation of Elishas framework life, Steinberg wrote that the novel is developed from historical data .The data does not include any efforts of rigid conformity and literal confinement. The American Jewish literature is spirited and forms a classic historical explanation of ancient apostate Elisha Abuyah within the first century. An integral component of the story is a question relating to faith and loss of faith coupled with the rebellion and repression of the Jews to Palestine rule. Elisha is displayed as a leading scholar across Palestine who is elected into Sanhedrin; that is the top-most Jewish court for the land. However, two major tragedies awaken a series of doubt on Elishas mind about God (Steinberg 90). The doubt suppressed his faith. He journeyed into Antioch at Syria to start the conquest through Roman and Greek culture for fundamental truth and was declared an excommunicated and heretic from Jewish communities. The process of narrative illustrates Elisha having direct encounters of the force of the all-consuming culture in ancient Romans. Elisha also forced Romeââ¬â¢s power in choosing between loyalty to people or to own quest for truth. The people were rebelling against domination by the emperor. The Chosen narrates of a friendship after World War II between two Jewish boys who grow up in Brooklyn. The narrator and a protagonist are traditional Orthodox Jews. The character appears to have extreme dedication for scholarly work and humanitarianism. Other protagonists are brilliant and have photographic memory and passion in psychoanalysis. Over time, the story shows that the friendship developing between the two boys is marred with tensions arising from collision of cultures to each other. Modern American society also causes strain on the friendship (Potok 132). The literary themes in the book are inclusive of widespread references of senses like sight and pursuit of truth in the world. Reb
Wednesday, August 28, 2019
Understanding the work of financial markets Essay
Understanding the work of financial markets - Essay Example Therefore, borrowers might end up putting the blame that the unfavorable outcome is as a result of bad luck rather than taking the correct action. A fixed cost has to be paid so that lenders can monitor the actions of borrower. This is not possible because no one would be willing to pay a monitoring cost as they want a free- ride. The solution to this problem is to hire a single monitor to monitor the actions of the borrowers. A single monitor cannot solve this problem alone thus he uses a model of delegated monitoring called diamond model (Diamond 1996 pg 41). They monitor borrowers by promising lenders a fixed return from the diversified portfolio which the intermediaries offer. The diamond model demonstrates how banks have an incentive to act as a delegated monitor and produce the necessary information for efficient resource allocation. Thakor (1996 pg 917) also build another model in view of banks delegated role of monitoring borrowers. This model assumes that there are three typ es of information problem. To begin with, there is incomplete information regarding future projects a firm has or is available. Secondly lenders do not observe how borrowers invest their funds. Lastly, the possibility of borrowers investing in risky projects is very high. The argument of Thakor (1996 pg 917) is that the first problem can be solved by the financial market while the second and third problems can be solved by intermediaries. Thakor also argues that the emerging financial system will be predominated by the banks and the informational advantages of the markets may allow them to develop mature financial system. According to Allen (2002 pg 398), market ââ¬âbased systems such as U.S have... The essay clearly discusses the role of the banks in bank-based system and market-based systems and the informational problems. Market based systems eliminate informational problems. You find that most information is publicly displayed in the market for public listed companies. Then the essay talks about the possible solution. The solution to this problem is to hire a single monitor to monitor the actions of the borrowers. A single monitor cannot solve this problem alone thus he uses a model of delegated monitoring called diamond model (Diamond 1996 pg 41). Then, risk sharing is discussed. Sharing of risks is one of the most important functions of the financial systems and is often argued that the financial markets are well suited in achieving this goal. Afterwards, the essay talks about the corporate governance role. In most countries, the role of corporate control or agency is weak, and as a result banks have been appointed to act as monitors for a large corporation. Financial cris es is another topic that the essay discusses. Banks collect deposits and raise short term funds in the capital markets and invest them in the long term assets. Another important aspect would be that close and durable banking relationships provide better access to clients and eliminate some of the information problems associated with lending. Banking relationships can either be multiple or single. In this report, we have pointed out and discussed the role of banks in the financial systems, comparisons between bank ââ¬âbased and market based systems and their merits and different.
Tuesday, August 27, 2019
Role of Citizen Diplomacy in Shaping Contemporary World Politics Essay
Role of Citizen Diplomacy in Shaping Contemporary World Politics - Essay Example Citizen diplomacy plays important role in shaping the contemporary world politics because it has become now common for the countries to interact at citizen level especially where the governments of the countries do not officially recognize each other. Citizen diplomacy compliments the official or formal diplomacy but in some cases it could also challenge the official diplomacy by following different tract and strategy. In these cases, the governments of the countries usually ban the track two or citizen diplomacy for the management of their affairs solely through the official foreign policy and formal diplomats (Melissen, 2008).Ã Citizen diplomacy is not very new concept for the world. It was pioneered by a physicist Robert Fuller during 1970s and 1980s. He used to travel Soviet Union with the intention of alleviating the Cold War. After the demise of Russian empire, Fuller continued his efforts and propagated his thoughts all over the globe that the common people could also play defining role in bringing peace to the world politics (Patterson, 2007). In 1981, David Hoffman wrote an article about Fuller and coined the term citizen diplomacy giving a name to the efforts and concept divulged by Fuller through his continuous efforts. Since then citizen diplomacy has widely been recognized as an important tool of securing peace and friendly relationship between the states. Some historians also believe that the term was actually coined by Joe Montville to refer to the private negotiations. between the citizens of different countries (Gilboa, 2001). The role of citizen diplomacy in the contemporary world politics could be understood from the perspective that it came to play supportive role in the situations where the official diplomatic communication links between the countries are broken and they are stuck with the negotiation process. The continuation of such situation could lead towards cold war between the involved countries and in such situation the citizen diplomacy works for releasing
Monday, August 26, 2019
The capital structure decision and the cost of capital Research Paper
The capital structure decision and the cost of capital - Research Paper Example Thus a lesser D/E ratio would be recommended for a typical company. Therefore, D/E ratio = aggregate liabilities/ shareholdersââ¬â¢ equity A very high D/E ratio would translate to the fact that the company has been applying debt in its growth to a high extent. The resultant impact is a scenario of very volatile earnings by the company due to the marginal interest expense. If a company applied a lot of debt financing to finance additional business operations, this would result to more generation of revenues and if the revenues outdo the costs, then the shareholders would be left better of since they would earn more dividends. But it is essential to note that this is if, and only if, the earnings surpass the cost of debt. D/E ratios may also vary depending upon the industry the company is operating. For instance, a company that is highly capital intensive would have a higher D/E ratio than those who operate computer software operations. (Gibson, 2008 p260) MATTEL Mattel is a premier company for toys. It designs, manufactures as well as markets toys. The Companyââ¬â¢s believes that PLAY is vital for the development of Children besides other benefits. These include the development of imagination and creativity, good healthy interaction and the construction of strong learning foundation among others. Most of Mattelââ¬â¢s business is done online. ... They say their business is global and thus, internationalized and have subsidiaries besides the parent company which is registered in the US. (mattel.com, 2011) Mattelââ¬â¢s gross sales are formed up as follows: 30% in Latin America, 52% in Europe, 11% in Asia Pacific and 7% in others areas. They manufacture toy products themselves as well as outsourcing from other companies. Their main manufacturing facilities are set up in Indonesia, China, Malaysia, Thailand and Mexico. Their business is also seasonal where they experience peaks during the traditionally set holiday seasons. In fact the biggest sale revenues are experienced in the 3rd and 4th quarters of their fiscal year. The risks facing Mattel are only based on non-satisfaction of clients since its business depends almost entirely on Toy business. Shifts in demand would, therefore, impact adversely on their business. Seasonality as mentioned earlier is also another risk as well as inaccurate anticipation of the trends and cul ture. Though no market beta is given on this website, it is stated in their 2010 financial reports that the business is highly dependent on market behavior, where it faces to a large extent both foreign and local market rates of interest variances that form up market financial risk. (files.shareholder.com, 2011) Mattel Company had a market beta of 1.0 as reported by smartmoney.com website as of 2011. (smartmoney.com, 2011) Due to the high levels of financial risks that Mattel as a company faces and its doing business world wide, usage of debt as a source of capital would have a very huge impact on the capitalization of the company. Therefore, the recommendation is
Sunday, August 25, 2019
Biology Essay Example | Topics and Well Written Essays - 750 words - 2
Biology - Essay Example A fine example of natural selection is provided by the finches that were observed by Darwin during his expedition to the Galapagosââ¬â¢ islands. He found 13 species of finches and each species exhibited variation is beak size and shape. While explaining the concept of natural selection in these finches Darwin rightly observed that all the variations already existed among the finches and that each type of variation was selected on the basis of their adaptability to a particular type of environment. Birds with beaks suited to eat cactus survived better in arid climates and reproduced to produce offspringââ¬â¢s with similar beaks. Birds with different beak sizes and shapes that were suited to eat nectar and hard seeds were naturally adapted to that particular environment and reproduced. Thus the process of natural selection chose organisms that were better suited to survive in a particular environment due to the inherent anatomical variations and allowed them to reproduce and cont ribute to the process of evolution (Oââ¬â¢Neil). 2. Explain energy flow in an ecosystem. Include examples An ecosystem comprises the living and non-living components within a given environment such as a pond, grassland or forest. The flow of energy is an integral part of the ecosystem which is necessary in order to facilitate the normal functioning of the ecosystem. The energy that enters the ecosystem undergoes transformation at different stages based on the processes involved in the system. Energy enters an ecosystem from the sun as light energy which is trapped by plants which are referred to as the primary producers. The energy then flows through the various trophic levels as primary producers are consumed by herbivores which are in turn consumed by carnivores and in each level it transformed in to chemical energy through various cellular processes such as photosynthesis and respiration. Waste products are produced at each level and organisms such as the scavengers, detritivo res and decomposers feed on these waste products and microbes are the ultimate decomposers. The energy is liberated as heat energy during every process which is lost to the ecosystem and this energy cannot be recycled. The flow of energy through the food chain decreases at every stage beginning with the primary producers. The herbivores will have less energy available compared to the primary producers and so on. This gives rise to the energy pyramid (The concept of the Ecosystem). 3. How can different species arise in a population Speciation or the process by which new species arise from a single species is a natural phenomenon that occurs during the process of evolution. The new species arise from an already existing species when a population of the species undergoes geographical isolation. As a result of this separation changes occur in allele frequency due to reduced gene flow between the two populations. Speciation of the formation of a new species will occur if these changes re sult in physical or behavioral changes that prevent the interbreeding between the parent and newly formed population. Thus for the formation of a new species both geographical and reproductive isolation should occur which result in changes in gene flow and prevent the interbreeding between two closely related populations. As the new species evolves the physical and behavioral changes will enable it to differentiate itself from the parent population and develop a sense of incompatibility for co-existence as well as
Saturday, August 24, 2019
Financial Institutions and Instruments Essay Example | Topics and Well Written Essays - 3250 words
Financial Institutions and Instruments - Essay Example An investment strategy has more to do with responsibly, and often conservatively, managing an investment portfolio in order to maximize gains with a minimum of maintenance, a low number of transactions (and their attendant costs), and a minimum of risk. This paper will explore the investment strategy approach for the most part, whilst also exploring some of the more simplified and well-tested technical strategies of the trading approach. A simplified investment strategy is the one most likely to be employed by an ordinary person with a modest portfolio, a minimum amount of time to devote to managing that portfolio, and limited ability, desire, and/or resources to devote to the use of sophisticated analysis tools. In other words, the kind of person who has a day job as opposed to being a fulltime day trader, and needs a strategy that includes a fair degree of automatic execution and pre-determined portfolio protection devices. Finding a consistent strategy that meets these requirements would be useful to a great number of people who are currently disadvantaged in the area of maximizing their investment gains by lack of financial resources, time, and expertise, whilst at the same time they may be very dependent on their investment pe rformance for their future financial security needs. Much work has been done in pursuit of a system that would consistently provide excess returns, with mixed results. The very existence of technical analysis seems to belie the Efficient Market Hypothesis. Some researchers have concluded that "technical rules do not earn excess profits over a simple buy-and-hold strategy," (Beechey, Gruen, and Vickery, 2000). However, there are aspects of market performance that are not completely explained by EMH, and the available evidence suggests that "financial market returns are partly predictable, in ways that sometimes conflict with the Efficient Market Hypothesis" (Beechey, et al, 2000). Other discordant findings regarding the EMH versus actual stock performance include evidence that in the stock market, "shares with high returns continue to produce high returns in the short run (momentum effects). In the long run, shares with low price-earnings ratios, high book-to-market-value ratios, and other measures of 'value' outperform the market (value effects)." Further, "at times, asset prices appear to be significantly misaligned, for extended period," (Beechey, et al, 2000). Whenever inefficiencies such as misalignments or mispricings occur, an opportunity for excess returns also occurs - if someone with a technical analysis filter is watching for them and knows when and how to act on them. At best it would seem the EMH semi-strong or weak version best describes what is observed in the markets. Therefore it would seem that there may, after all, be something to be gained from at least a cursory investigation of the technical analysis tools that are most readily available to the average investor, and that are easy to understand and use, and that is the criteria that was used when choosing technical analysis tools for inclusion in the investment strategy that will be outlined herein. St. George's Bank has been traded on the Australian exchange since 1992, and is currently the fifth largest bank in Australia. It shares with the banking sector a 100%
Consuming and Fashion Essay Example | Topics and Well Written Essays - 2250 words
Consuming and Fashion - Essay Example The essay "Consuming and Fashion" discusses the fashion and consuming. The ever increasing tastes and preferences alongside the increased product differentiation and the global practice of trade have meant that the role of marketing within any business entity is very integral; certainly the most crucial. Marketing encompasses the processes of analysis of the target population (market segmentation) to identify trends in consumer needs and wants; new product research and development; product distribution and promotion effort; and the feedback mechanism. The changes in consumersââ¬â¢ tastes and preferences mean that there is a trend in which products and services are in demand at a given time and which are not. This has a direct relation to the sales volume and profitability of an organization. Therefore, fashion in this regard, refers to the popularity in demand for a given product or service at a given point in time i.e. trends in consumption behavior. Fashion styles differ between individuals, and can be reflected in a large group at any given point in time as a measure of both social identification, and distinction (Illomen, 2011). However, this definition has devolved into a limited sense to mean exclusively trendy clothing and other body accessories such as jewelry. Perhaps this is attributable to the huge marketing efforts that are visibly expended into this particular segment of the economy. The mechanics of such a transfer of meaning is a subject not addressed by this report.
Friday, August 23, 2019
Company Law Essay Example | Topics and Well Written Essays - 2000 words - 1
Company Law - Essay Example The essay starts by outlining the essence of the law of separate corporate personality. This will be followed by an outline of the case of John who is an employee of Diamond Car Sales as well as application of this law to the case. The essay will also look at the circumstances under which the corporate veil can be pierced. The main body of the paper will give a critical analysis of the facts that can lead the court to pierce the issue of corporate veil in certain instance. Essence of separate corporate personality Cillers et al (2004), state that an association of persons or an organised body can acquire legal personality by way of separate Act. Thus, when the company is formed as a separate entity, it acquires the capacity and authority to have its own rights and duties (Gibson, 1988). Thus, once the company has been incorporated, it can be viewed as a separate or independent person with rights and liabilities that it chooses for itself. This is reflected by the case of Salomon v Sa lomon& Co [1897] AC 22 (Hl). Salomon is the sole owner of the once glamorous company and he decides to turn the business venture into a limited company having realised that it had great potential. As such, Salomon got ?10à 000 in debentures from the shareholders which were acquired through a bond of the companyââ¬â¢s assets. ... This may involve creating a brand name for the company that is used as a source of identity which makes the company different from other enterprises. In as far as the aspect of corporate personality is concerned, it can be noted that the aim of the law is concerned with protecting the interests of the company since it is treated like an individual person with legal rights. For instance, Diamond Car sales built a strong corporate personality where it even went on to categorically state that there was no person who would directly compete with it after leaving the company within the first six months of termination of the contract. Situational analysis John is works for Diamond Car Sales and his contract states that upon termination of his employment, he cannot start a business that directly competes with Diamond Car Sales for a period of six months after the termination of his contract. Apparently, Johnââ¬â¢s contract is terminated and he decides to go into business straight away des pite the provisions of his contract. Fearful of the provisions of the principle of "Separate Corporate Personality" John wants to know if he can operate a business. John decides to set up a company with his son and it competes with Diamond Car Sales. However, John is neither a director nor shareholder of the new company, but he runs the business and everyone refers to him as "the boss." Against this background, this paper seeks to critically analyse the authenticity of Diamond Car Salesââ¬â¢ warning to John to cease trading or they will opt for legal action in order to stop him from trading in direct competition with the company. Case analysis In this
Thursday, August 22, 2019
Childââ¬â¢s behavior Essay Example for Free
Childââ¬â¢s behavior Essay Action speaks louder than words, the adage goes. The same applies for child rearing, specifically in setting a childs behavior. Verbal admonitions, advices, and instructions are important to make it obvious to the child what the parent expects him to follow and do. Words specifically define the desired behavior parents want from their children. However, children are easily distracted, especially with long sentences, so that while talking to them, their attention or their mind strays from grasping every word thus deterring understanding. Another, words oftentimes have ambiguous meanings to the child so that the latter might not get it in spite of having been told. Actions leave more imprints into a childs memory compared to words because actions explain more than words could express. Usually, when a parent verbalizes an instruction, he accompanies it with action. This is because the more senses are involved during the comprehension process, the better and more lasting the comprehension. Actions involve more senses. They engage the child more into the character-building process because they do not just hear; they also see it in action through their parents. Furthermore, when the parents behavior contradicts with what they say, it confuses the child and might diminish the parents trustworthiness and authority in the eyes of the child. Children imitate grown-ups a lot during their formative years since they still have to develop their own individual personalities and judgments. Children tend to think that whatever their parents do are always the right things. After all, in their yet young lives, parents have been doing a lot of things for them, feeding them, taking care of them, dressing them, etc. By doing the right and proper actions, therefore, the child would confidently followââ¬âwith this knowledge that whatever their parents might be doing could be right.
Wednesday, August 21, 2019
Concept of Competitive Advantage | Literature Review
Concept of Competitive Advantage | Literature Review Abstract:- This article addresses the issues of the development of the concept of competitive advantages. It is based on theories of different writers, their explanation and a literature review of these theories. Competitive advantages arises from different firms attributes and characteristics that allow one firm to create better customer value than do others. Competitive advantage includes ownership of assets and their positions. To achieve and sustain competitive advantage, a firm or industry need to create creativity. Strategic management theories give the concept of competitive advantage and explain the performance and ability of the firm and describe how we can run the firm in the right direction. Introduction :- The concept of competitive advantage are quiet same in different industries or firms and writers are explain in different ways but they rotate on same point for example superior performance of the firm in a decent manner. There are various theoretical framework are used to explain competitive advantage. Competitive advantage arises from the differential among firms along any dimensions of firm to create better customer value against the competitors. The basic purpose of this coursework to indicate how firm can gain their position in the market. This coursework can help to analyse different theories of management and give an integrative framework that helps management practitioners systematically analyse the nature and cause of competitive advantage in a different manner. LITERATURE REVIEW:- There are basically five forces to develop basic foundations include competitors, threat of new entrants substitute products, bargaining power of suppliers and bargaining power of buyers. Companies are fighting with each other and some of them are defend itself against these competitive forces (Porter 1998). The resources and capabilities of a firm are the central consideration in formulating its strategy. The resource based theory approach to strategy formulated understands the relationship between resources, capabilities, competitive advantage and profitability. According to writer there are four factors which are useful for the firm to increase their depth i.e. strategy, competitive advantage, capabilities and resources (Grant 1991). According to writer he relates the competitive advantage with a theory of comparative advantage. According to his theory he say that the comparative advantage theory suffer from the same weakness as a neoclassical theory of the firm. So according to writer the idea of competitive advantage gives explanatory power of strategy and organization. The success of firm in the market depends upon the organisation work of firm, sector and their interrelationship. They sought where a competitive advantage could be established by devolving organizational superiority (Bagnoli. et. al; 2003). There can be a heterogeneity or firm level differences among firms that allow some of them to sustain competitive advantage. The main concept of theory are based on four points i.e. valuable, rare imperfectly unite able, without strategically equivalent substitutes (Barney 1991). The ability of the firm is stay ahead of competition with the help of their superior performance and leaderships. So competitive advantage is directly proportional to competition either it is in different departments or in different firm throughout the world. Manager could understand the current position of the firm. In short porter argues that strategy is a race to get an ideal position in the market and differentiate itself for targeting customer (Porter 1998). Scholars in the strategy field are concerned fundamentally with explaining differential firm performance. As strategy scholars have searched for sources of competitive advantage. Two prominent views have emerged regarding the source of supernormal returns. Primarily a function of a firm membership in an industry with favourable structural characteristics and secondly is that differential firm performance is fundamentally due to firm heterogeneity rather than industry structure (Rumlet et.al; 1994). Competition in any industry does not stem only for competitors and it also influenced by the underlying structure of the industry. Additionally author stresses competitive advantage, which is created and hence can be controlled by individual firms and not comparative advantage (access to factors of production like cheap or natural resources), which is mainly inherited (Porter 1985). The purpose of the industrial organization was the internal competition of the industry. This aim was inverted to produce models aim at helping firms realize supernormal returns by surreptitious way of competition (Barney 1986). The development and implementation of new ideas by people who overtime engage in transactions with other within an institutional context (Van 1989). The generation, acceptance and implementations of new ideas, processes, products and services to create a market and competition against the competitors (Kanter 1983). Different researchers attempt to explain the superior performance of the firm. They explain how firm can gain their better position in the market. Some of them say, the leading hypothesis is that sustained superior performance coming from sustained competitive advantage Barney (1997). But on the other hand Grant (1998) can relate the superior performance of the firm with competitive advantage. According to them competitive advantage and superior performance of the firm are different unit to each other. Theories are different as the source of competitive advantage. Because some time firm gain their superior performance by using different tactics like monopoly, because they want to maintain their position or protect their position against the compotators. This is the best point according to the big firms, because they create monopoly in the market and try to protect their position (Caves et. al; 1977) Sometimes the superior performance of the firm depends on the level of the firm, business unit, corporation or industry. Because in big firms the power of gaining is more as compare with small firms. So small firms cannot compete the large firms (Powell et. al; 1997). Better explanation for superior performance may exist, it has specifiable causes and these causes are tied to perform distributors may be fellow simple heuristics or stem for a single process such as problem solving Popper (1972). According to Powell (1996), strategic management has not told us the significant debate on the competitive advantage. According to writer there are two proportions are important to increase the performance of the firm. First one is the dependent variable (superior performance) of the firm and secondly independent variables include competitive advantage. He separates these two proportions and gives the relationship between them. On the other hand if we examine this theory with other theories like Porter (1998) theory. His attention toward the firm and how much firm create competition in the market and how much effort put by firm to stay ahead against the competitors. But according to Robert (1999) sustainable competitive advantage is not necessary or important for the superior performance of the firm. But on the other hand Barney (1996) can relate sustainable competitive advantage with the performance of the firm. There is substantial agreement with in the literature on the price, cost and differentiation definition of competitive advantage. But according to Reed (1990) competitive advantage does not play a vital role for making the firms strategy. He creates a link between competitive advantage and competence. He says competitive advantage can be derived from numerous sources and advantage can come from competence and this competence can control by firm and can be manipulated with in the strategy to generate advantage for performance. On the other hand Porter (1998) says superior performance of the firm is due to the competitive advantage. He relates competitive advantage directly with the competition, so the ability of the firm to stay ahead of competition with help of their superior performance. But the major development comes when Hofer (1978) described competitive advantage the unique position of an organization developed against the competitors through its patterns of resources deploymen ts. He suggesting that competitive advantage ensues from competencies. They also say that competitive advantage as something can be used with the firm strategy. As such competencies and competitive advantage are independent variables while a firm performance is the dependant variables. (Mahoney et. al; 1992) suggests in his article about the special issue in his article. He says firm physical resources and its capabilities interact to create competitive advantage. He seeks to reconcile the resources and capabilities based theories of competitive advantage through the theory of invisible assets. This theory was proposed by (Itami et. al; 1987) holds that experience and constitute the principle source of sustainable competitive advantage. If we talk about the competitive advantage then we cannot neglect the overall progress of the country. Some governments can support their industrial sector because industrial sector is directly proportional to the economy of the country especially we can see in china and in of United States of America. So according to Porter (1998) specific elements condition the international success of an enterprise in a certain segments. He figures out that the enterprises of an inferior cost or differentiated product to assert them worldwide. According to them through the globalization of the economic game enterprise to improve their competitive advantage. The same thing can explain by other writers. To create a competitive advantage, the enterprise is required to progress to innovate and to discover the best competitive opportunities and exploit them. So create an opportunity against the competitors Robert (1999). According too many writers and their theories, why a country is more competitive than others. The national competitiveness comes from macro-economic phenomena directed by change rate, interest rate, deficit of the national budget. On the other hand some of them Robert (1999) says some companies or industrial sector are try to compete with cheap work force of with cheap raw material. The big example of this point is China. In china the work force is very cheap and there is no tax on any import and export. Chines government are support their industrial sector and improve their economy. According to the writer, the creation and capture of private and social value by firm that adopt corporate social responsibility strategies. So to achieve a competitive advantage is a responsibility of a manager to accomplish their objective. He relates this theory with the economics such as hedonic pricing, contingent valuation and the new literature on the economics of industrial organization. The same kind of things was discuss by Barney (1986) in his journal and also by porter (1998) in his book. Sometime researchers are not depending on the same point. Because in every case they have a different task and every case of superior performance is unique, extreme and non-generalization Starbucks (1992). But according to (Bowen et. al; 1999), competitive advantage has generated a large volume of scholarly output, both theoretical and empirical. So strategic management researchers has not produced a same effect on the competitive advantage. Most empirical studies infer the existence of competitive advantages. Examples of competitive advantage:- The most powerful example of achieving competitive advantage against the competitors is an Apple company. First this company based on computers but after that Apple has established a stellar reputation for developing products that there customer needs and want. The iPhones, iPods and iPads each combine functionally, ease of use, which not merely satisfy but delight the customers. They promote their products in a different manner like music for iPods and application software for iPhones. The competitors of Apple Company try to compete by using different hardware features, sometime same features like touchscreen and applications but they cannot compete the Apple Company. The main reason of this happening because Apples instance secrecy about its product development makes it hard for imitation to begin before the product is launched, thats why Apples Company takes advantage over others. Secondly Apple Company gives useful applications like iTunes by being first on attractive fixed charg es. So finally prove itself all over the world with their outstanding performance and services. Chinas is the second most powerful country economically now a days, because of their industrial sector. Chines government support their industry in a decent way and help to improve their strength. In textile sector China play a vital role throughout the world. In 2005 china controlled one third markets of garments in Europe and one fourth markets in United States of America. More than 50% of the market capture by China all over the world in textile sector. There are few reasons why china is dominant in the market. Firstly the inflation rate is increased all over the world and due to this reason the prices are going up. Secondly low labour cost as compare with Europe and United States of America. In china the utility cost is very low due to the support of their government to their industrial sector. On the other hand Pakistan, India and honking are try to give some competition but they are given so much competition and the market are increased very dramatically. The same thing was dis cuss by Robert (1999) in his article. He says how much cheap labour and material are affected the overall progress of the company (Brambilla. et. al; 2007). In 2004, when Danish maker of interconnecting brick toys had lost money each of the previous six years, its survival as an independent company was in jeopardy. Lego had been harmed by falling birth-rates in many developed countries, by low-cost imitations, and by their many boy customers switching from traditional toys to video games and personal computers. This is very interesting thing when your business will decrease due to birth rate. Because the A poorly-conceived attempt at diversification followed. When Jordan Knudstorp was appointed CEO, in addition to divesting noncore businesses and cutting costs, he worked to enhance Legos competitive advantages. Because of its philosophy of learning through play, Lego had avoided toys about fighting or violence, despite the interest of boys in both. By leveraging Legos strong brand name, design capability and quality reputation into products based on Star Wars, Batman, and Ferrari race cars, Legos turnaround gained traction. Knudstorp als o grew Legos Mindstorms buildable, programmable robot line to the point that it and other non-interlocking-brick products exceed 33 percent of sales. Sometimes when your strategy maker or upper level management was unclear about the strategy then sometimes the firms are clash. The same thing happening with the Teco Bell company. The CEO John Martin strategy was unclear and performance was medicore. Understanding with his customer thing and their needs and desires was outstanding; he commissioned a major study employing conjoint analysis. On his first attempt he changes the customer services value with fast service, accurate order filling. But more surprising was that the customer considered the condition captured in the fact formula to be more important than having an authentic ethnic food experience. Taco Bell wasnt competing with Tex-Mex restaurants because competitors are fast food provider but Taco Bell is not. Now John Martin develops a value base strategy and tries to give a better service in low cost. Now he cut down the prices and reducing store size with better facilities. He upgraded the restaurants by using new data ent ry equipment; improve store layout and the job profile for store managers and for manager assistants emphasized customer service. Due to these changing in his strategy now Teco Bell has 5000 restaurants. So we can easily analyse for this example, if we increase the customer value and give good services with the help of competitive advantage theories then we improve our input in a decent manner. Conclusion:- In this assignment I studied different types of competitive advantage theories and write a literature review on these theories with the help of different journals and papers. From all of these theories I develop my idea about firms performance and conclude how firm are ahead against the competitors. Firstly a firm has to look deeply into what it has, what it can do, what it can get. Secondly the competition is not between or within the industry or firm but sometimes the competition is all over the world where firm need to support about nationally (government) as well as internationally (suitable polices for international companies). For internationally success it is required to be able to transform a domestic position into a global one. Finally to create a competitive advantage the company required a continuous progress to innovate and to discover the competitive opportunities and exploit them. Firm should not stop improving the quality of its products and its methods. History of Art: From Middle Ages to Modern Times History of Art: From Middle Ages to Modern Times à Yodaniz Rodriguez Style: Early Renaissance Title: Madonna with Child Artist: Giovanni Bellini Date: 1450 1455 Material: oil on wood Location: Civico Museo Malaspina, Pavia Reference: (Madonna with Child 1450-55, n.d.) The Madonna and Child images introduces one of the most amazing characteristic subjects in Bellinis art. However, this kind of work was not only used by Bellini. (Stokstad Cothren, 2013) Minor and medium to small holy images designed for isolated and domestic ownership were unique features of art during the beginning 15th-century. Bellinis depictions are famous due to a gentle pressure that unceasingly stalemates the mother and child in an association of thoughtful bleakness. (Madonna with Child 1450-55, n.d.) The replicas for these depictions of a Madonna were frequently done by Byzantine and Graeco-Cretans and were distributed in Venice. The unmoving, severe-looking Madonna and Child is comparable to Bartolomeo Vivarinis work. The slender limbs and motionlessness reveal the effect of Jacopo as well. However, the positively defined line of the Child and his transparent clothing conceivably originates from Squarcione, who was definitely an inspiration to Bellini during the creations of his work. (Madonna with Child 1450-55, n.d.) The presence of light and shadow are evident in this particular work of art. The artist used color to contrast against a dark base showing composition of the figures. Facial features are not sharp yet there are shadows present on the face and limbs implying that there is light coming from their right side, illuminating them. Style: High Renaissance Title: Madonna of Belvedere Artist: Raffaello Sanzio Raphael Date: 1505 1506 Material: oil on wood Location: Kunsthistorisches Museum in Vienna Reference: (Madonna of Belvedere, n.d.) The three individuals demonstrating immobility are depicted in an olive green field. These figures are accompanied by gentle facial expressions and impassioned hands. The Virgin Mary is depicted in a contrapposto posture. The artist seems to have used colors to signify specific details of the painting. The blue on Marys robes indicates the ecclesiastical and the red represents Christs passing. The Madonna stands still as the Mother Church with Christs martyr. Her eyes are fixed on the young Christ that sits on her lap while John the Baptists attention is also on the boy. I believe this is signifying his importance. The crown that sits upon her head seems to be curved to the left and slightly inclined as she holds up Christ while he rests tracing the small cross held by John. (Madonna of Belvedere, n.d.) Raphael truly congests the reality of Mother Nature in this work and also in many of his other works. His style consisted of more real and natural figures. (Stokstad Cothren, 2013) Distinct from previous depictions created during the Renaissance, this Madonna is illustrated within nature where most were illustrated sitting on a chair during this period. This painting provides a beautiful and impressive perspective in the contextual aspect as if to imply that the countryside itself is her chair. (Madonna of Belvedere, n.d.) Although the figures are depicted as immobile, shadows exist under the figures and also within the hands of the Madonna as she holds Christ. Unlike Bellini, Raphael gave his subjects some more realistic and natural facial expressions. The use of light and color really brings out the joy of the characters. Style: Baroque Title: Madonna with Child Artist: Simon Vouet Date: First half of the 17th century Material: oil on canvas Location: Crozat de Tierra, Paris Reference: (Madonna with Child, n.d.) This preparation by Vouet was appropriately recognized and widespread. It was a recurrent style used by him during this period. The facial expressions of the Virgin consist of the outline of the artists wife, who had unfortunately expired before. It could be that Vouet created this illustration during a nostalgic and emotional period. (Madonna with Child, n.d.) Nevertheless, the image generates the proof of a massive effort due to the amount of natural detail presented. The character of the Madonna seems to be chiseled from a large rock, she is smooth and angular. It seems this painter struggled to highlight the spiritual tenderness of the Madonna and the Child. The child is displayed with the creases of the Madonnas clothing as his mother gazes upon him with affection and allows him to explore her face and clothing. (Madonna with Child, n.d.) The color used in this painting provides a contract to its dark background. The composition of the figures are evident through their position and color. This image inspires deep emotions of sadness and joy as they are depicted in a dark environment but are somewhat lively. The details of the lines of the characters are extraordinary. The childs body consists of natural bodily features as he sits upon the Madonna. The shadows used on the body of the child and the clothing of the mother are so realistic and imply more movement than the previous images discussed in this paper. The commencement Renaissance provided the emergence of more realistic portrayals of nature and human figures by artists who were stimulated by ancient Greek and Roman art and culture. (Stokstad Cothren, 2013) The works illustrated during the Early Renaissance (14th and 15th century) demonstrate some of the severe medieval features, whereas masterpieces created during the High Renaissance period (late 15th and early 16th century) expose the wonderful scopes and balanced configurations related to the standards of the Classical world. (Stokstad Cothren, 2013) The art created during the Baroque period (17th century) personified a lively energy that reflected the edgy essence of its era. In paintings, theatrical descriptions of faith motivated by the Catholic Churchs Counter-Reformation contrasted with animated demonstrations of the secular world normally created in the Protestant north. (Stokstad Cothren, 2013) This was a period that consisted of more emotional and detailed works of the natural world. During this period, it seems that medieval influence was completely eradicated unlike the previous creations of the renaissance age. References Madonna of Belvedere. (n.d.). Retrieved from Khunts Historisches Museum Wien: https://www.khm.at/en/korean/ Madonna with Child. (n.d.). Retrieved from Arthermitage: http://www.arthermitage.org/Simon-Vouet/Madonna-with-Child.html Madonna with Child 1450-55. (n.d.). Retrieved from Religious Art: http://www.religious-art.org/Madonna-with-Child-1450-55.html Stokstad, M., Cothren, M. (2013). Art History Volume 2, 5th Edition. [South University]. Retrieved from https://digitalbookshelf.southuniversity.edu/#/books/9781256992356/
Tuesday, August 20, 2019
Challenges to Sri Lankas Economic Growth
Challenges to Sri Lankas Economic Growth SRI LANKAââ¬â¢S MAIN CONSTRAINTS TO BE AN ââ¬Å"ECONOMIC MIRACLE OF ASIAâ⬠WITHIN NEXT FEW YEARS Normally economic growth of a country is measured by Gross Domestic Product (GDP) in one year. GDP is the total amount of final goods and services produced in one year within the country. When we consider Sri Lanka GDP, it is as follows. The largest contribution to this GDP is from the service sector. In 2013, it contributed by 58% for total GDP. In this service sector wholesale and retail trade, transport, communication, banking, insurance and real state are the segments of this service sector. The next sector is industry. It contributed by 30% of total GDP with manufacturing, mining and construction. Agriculture, livestock, forestry and fishing contributed by the remaining 12%. When we comparing these values with the previous year(2012) values, there is no a big difference between them. After the end of three decades of civil conflict, Sri Lanka is trying to main aim of this be the ââ¬Å"Economic Miracle of Asiaâ⬠. A main aim of this target is, reaching per capita income around US $ 4000 and achieving US $ 18 billion exports by 2016. To achieve such an income, the GDP per capita should be double as the current value. For that the growth rate of GDP should be double. But when we consider the growth rate of GDP of Sri Lanka it seems the growth rate is nothing of the sort of doubling by 2016. In 2012 DGP growth rate was 6.35%. In 2013 it showed a 7.2 % GDP growth. In the first quarter of 2014 there was a 7.6% of growth rate according to the Department of Census and Statistics. By these values we can see there is increment of growth rate by one digit when it comes to 2013 from 2012. But this increment is no sufficient to get the required income level. As well as it seems, that Sri Lanka is not going to achieve her target of being the ââ¬Å"Economic Miracle of Asiaâ⬠within next few years. A main reason of this failure is lack of technology. Sri Lanka has to invest on technological inventions and productions much more than now. Sri Lanka has more natural resources as well as human capital to gain such a high technology. Currently what happens, most of natural resources are exported and import the finished goods made using that resources. And since there are no suitable occupations for the skilled, mindful people they try to go for foreign jobs or satisfy with a low quality job. Since of this brain drain, Sri Lanka falls more down. By exporting natural goods such as graphite, ore iron and importing finished goods of them make a huge loss to the country. We find foreign exchange by exporting them, but we need more than that income to import the finished goods of them. If we can invest money for new technologies and production ways we can save that money within our country and get a good income by exporting the finished goods. We know the developed countries such as USA, UK even Japan has no much of natural resources. They import those resources and using their technologies manufacture products with high qualities and export them for high values. This is the time for Sri Lanka to increase the power of technology to become the ââ¬Å"Economic Miracle of Asiaâ⬠. Another important factor is most of people tend to get imported goods because they are low price than the locals. By this tendency our money easily goes to other countries. In the past Sri Lanka was self-sufficient with foods since the high agriculture. But now most of foods items such as onion, dhal, sugar even sometimes rice are imported instead of planting them. Because of these reasons we loss lot of our money. We can see some huge manufacturing plants in Sri Lanka. But we should be careful to check whether they actually give a high profit to us, because they may be only established on our land and may give the profit to another country. As an example there was a glass company owned to Sri Lanka, Ceylon Glass Company and now it is converted to Piramal Glass owned by an Indian company. So a high portion of profit goes to that company. If it is owned by Sri Lanka it will give the full profit us. Currently Sri Lankan main exporting income is produced by migrant workers. Over 250 000 migrant workers have been employed overseas, most of them are housemaids. They supported to GDP in 2012 by 10%. In US dollars it is 6.1 billion. Apart from that now the only product which Sri Lanka is famous for, is cinnamon. But from exporting cinnamon it can achieve only an annual income around 100 million of US dollars. Then it comes to apparel, tea, diamonds, gem and jewelries. But these are not sufficient to achieve the aim of US dollars 18 billion exports by 2016. So to be the ââ¬Å"Economic Miracle of Asiaâ⬠, Sri Lanka has to differentiate its exporting items using new technologies as mentioned above. Lack of entrepreneurs is another constraint of being the ââ¬Å"Economic Miracle of Asiaâ⬠. Entrepreneurs should have the ability to take a risk of their own money and time to start and operate a business with the belief of that their business idea will make a profit. For that they should have a basic idea about the real economic level of country and the real direction country going on. Without knowing that, people cannot help for the country with their best. Currently we can see many politicians try to protect their power and do not recover the truth of the economy of the country and do not say the real duty of people have to do on behalf of our country. So without a better guidance people donââ¬â¢t like to become entrepreneurs and as well as they do not compel to contribute their maximum for the betterment of the country. As an example we all know in the government sector most of people do their works in a lazy manner. In the final hour of the working time they do almost no thing profitable. Till stopping this time wasting and giving a true feeling about the country to the hearts of its people we cannot make this country as the ââ¬Å"Economic Miracle of Asiaâ⬠. In Singapore even a taxi driver knows the current direction of their country going on and their targets. So they contribute hardly to the development of their country. In Sri Lanka we canââ¬â¢t see such situation. So lack of the feelings and lack of awareness of the direction of the country going on is a major constraint to Sri Lanka of being the ââ¬Å"Economic Miracle of Asiaâ⬠within next few years. Tourism is another source of income in Sri Lanka. The government is more targeting on this side and getting profits. But some people bother the tourists and try to earn some money from them. So the prestige of our country faces a problem. It can lead for the reduction of income due to tourism. Then it will cause to the reduction of economic of the country. The population of a country can cause its economic level. When considering Sri Lankan population we can see a gradual growth up to January 2012 and suddenly it is decreased when it comes to January 2013. We cannot say a high population gives more income to the country; it depends on the GDP level. But on the other hand low population gives a low contribution to the labour force of the country. As well as current young generation tends work in an air conditioned area. They will work in a shop even for a lower payment. They do not like to work hard. This is a bad situation for the industries which have a good willing to contribute to the development of the country. A main reason for that is, most of them are suffering from lack of technological education. So the government has a responsibility to upgrade skills of the work force, by that building a productive and competitive work force, capable of working with the changing dynamics of the world economy. Then they can really work for the country with their maximum. Those are the Sri Lankaââ¬â¢s main constraints to be an ââ¬Å"Economic Miracle of Asiaâ⬠within next few years: http://www.tradingeconomics.com/sri-lanka/gdp-growth-annual http://investineast.lk/sri-lankan-economy/# http://www.ips.lk/talkingeconomics/2011/06/16/accelerating-economic-growth-in-sri-lanka/ http://www.therepublicsquare.com/business/2013/11/25/sri-lanka-expects-over-7-bn-income-from-migrant-workers-for-2013/ http://www.ft.lk/2013/07/10/govt-says-new-standards-for-ceylon-cinnamon-to-boost-sri-lankas-exports/ http://www.slideshare.net/HeatherP/four-factors-of-economic-growth-10375773 http://island.lk/index.php?page_cat=article-detailspage=article-detailscode_title=37059 http://www.ceylontoday.lk/22-23116-news-detail-sri-lankas-momento-magico.html Clues for conclusions Sri Lanka cannot achieve its target of being the economic miracle of asia within the next few years. Lack of usnig technology, peopleââ¬â¢s low attitude about the country and lack of their awareness bout the real economic situation of the country, less entrepreneurships, less no of exporting items, importing most of goods, less nvesting on the industrial productions are the main constraints.
Monday, August 19, 2019
Boston Ballet Refuses to Fall :: Dance Dancing Papers
Boston Ballet Refuses to Fall What happens when a ballet companyââ¬â¢s classic Christmas tradition is unwrapped, discarded, and replaced with a glitzy and glamorous moneymaking expenditure? Many dance enthusiasts are left with this lingering question as The Boston Ballet struggles with a recent announcement from the Wang Theatre, its lifelong performance home, that next yearââ¬â¢s production of the Nutcracker is being replaced by a touring show of the infamous Radio City Rockettes. "Im pretty certain this decision was driven by money, which draws the question in everyoneââ¬â¢s minds: Which is more important, tradition or money?â⬠said Andrew Kaminski. Kaminski is a Boston Ballet II member and performs in the corp de ballet with the company. He joined this apprentice position in August of 2003 and thinks Mikko Nissinen, the Boston Balletââ¬â¢s new artistic director, is doing great things for the company. " I really like the direction we are headed in but unfortunately Mikko has been dealt some unfair dealings. I am just grateful the company has been so open with us about everything,â⬠Kaminski said. According to Kaminski, the company was informed of what was happening with the Wang Theatre at the end of October. During this time, a company meeting was held and a Boston Ballet Memo was distributed to the dancers from Valerie Wilder, the Executive Director of the Boston Ballet. ââ¬Å"Basically the Wang informed us they had signed a note of intent with Radio City. We were immediately notified after this. We were told the Wang wanted to bring in the Rockettes for monetary reasons. Touring companies are more profitable. The Wang can charge them more plus the tickets are more expensive,â⬠Kaminski said. The memo to the company included general facts about the Nutcrackerââ¬â¢s current situation and its history. It also had a section titled, ââ¬Å"Further Talking Points,â⬠which expressed the companyââ¬â¢s opinions on the situation. ââ¬Å"In choosing to align itself with a touring production, the Wang Center is undermining a 35- year-old tradition and the work of a resident ensemble with year- round presence in the community. The Wang has thus placed commercial interests over cultural purpose, which is inconsistent with its mission as a not-for-profit,â⬠the memo stated. The Boston Ballet Company is a non-profit organization, which hosts a dance school that trains young children through adults and a renowned ballet company that has artistically entertained the city since 1965. On their IRS form 990 filing, the company stated their objectives for the fiscal year beginning November 1, 2003.
Sunday, August 18, 2019
Desecration of the Flag is an American Freedom :: Argumentative Persuasive Argument Essays
Desecration of the Flag is an American Freedom The American Flag is truly a versatile emblem. The flagââ¬â¢s stars, stripes, and colors represent valor, purity and vigilanceââ¬âthey represent bloodshed, hard work, and mostly, the infallible freedoms known as rights. Paradoxically, those same stitches that compose the flag and bind our freedom contain the right to desecrate and utterly disrespect it. How beautiful: a country that regards freedom so highly that it protects even the most offensive actions of expression; what magnificent grace. The Bill of Rightsââ¬âleft untouched by meddling hands for almost 200 yearsââ¬âsecures that grace; the freedoms that allegedly make America different from other countries. It is most certainly not a coincidence that the freedom of expression is the first inalienable right our forefathers chose to protect in the constitution. Unfortunately, our First Amendment is not able to protect itself. It seems as if certain politicians are preoccupied with other issues, such as the necessity of civilians owning assault rifles and exaggerating the size of American flags in classrooms. Now, amongst all other stresses and responsibilities of our government, the United States Senate has somehow miraculously found the time and prerogative to groan about whether or not certain freedoms of expression should be legal. During war and economic crisis, politicians believe it necessary to put the very rights of American citizens in question. How ironic is it that the people we place in enough confidence to elect leaders we cannot place in enough confidence to enact civil rights. In Texas v. Johnson (1989), The Supreme Court ruled flag desecration symbolic of free speech, and thus protected by the First Amendment. The proposed amendment to overturn this decision has failed to get the two-thirds majority needed for passage four times since 1989. Why, then, the Senate is fixated with altering the Supreme Courtââ¬â¢s concrete decision is baffling. Stereotypically, it is a conservative idiosyncrasy to be preoccupied with superficial respect but deny necessary principles of unmodified freedom.
Should Euthanasia be Legalised Essay -- Papers
Should Euthanasia be Legalised This essay will explore several different and varied opinions about whether or not euthanasia should be legalised. Euthanasia is the Greek word for easy death, but is often referred to as mercy killing. There are two main forms of euthanasia. Voluntary euthanasia is when a terminally ill patient expresses the wish to be euthenised. Active euthanasia is when a Doctor decides that it is in the best interest of the patient to be euthenised. All forms of euthanasia are illegal in Great Britain; however in Holland, Switzerland, Oregon in the U.S and the northern territories of Australia, voluntary and assisted euthanasia has been legalised in recent years. Firstly most Religious groups are opposed to euthanasia, because it is seen as murder. Christians and Jews in particularly are against euthanasia because in 'the ten commandments' it is written that 'you must not kill'. In the Torah and the Bible it also reads that humans are created in the image of God and in the Bible it also reads that Jesus died to save us. Christians and Jews base their views on euthanasia on these things in particular because they believe that only God has the right to decide when to end a life. On the other hand the Roman Catholic Church is of the Christian faith but they do have a slightly different opinion. Although they are very pro-life, they do not believe in pro-longing life by treatment which will prolong suffering. However the government is concerned that if euthanasia were legalised then the amount of suicides in our country will rise considerably. This has not been entirely proven in the few countries that have ... ... of himself administering a lethal injection to a terminally ill man who wished to die. In conclusion I believe that voluntary euthanasia should be legalised because if you have a very poor quality of life then you should be able to have the right to end it. I agree with the Roman Catholic opinion that there is no need to prolong life by treatment which will only prolong the suffering. I also think that only Doctors should be allowed to assist with euthanasia, otherwise euthanasia may be used lightly when it is not necessarily the only option. Until euthanasia is legalised there will continue to be unnecessary arrests of people who thought that they were helping, by euthenising terminally ill people who had little or no chance of ever recovering from their illness, and may have had to suffer for a great deal longer.
Saturday, August 17, 2019
Women’s right movement
As the time past, and more women are educated, they started to think about the equal rights. Women's status are always lower than men's status. They did not want to be in this kind of situation any more. Therefore the feminist movement started in the 19th century. The movement began in Europe and America. This is a major turning point in women history, because at this time the idea of liberty and equality just germinated. At this time, women finally challenged the idea that they must always please men. And because of this idea, men always think they are better than women.At the time, women even became the property of men. Men can even abuse women if they wanted to. Of course, it was impossible for women to have any rights. At that time, women always suffered from all those stresses. The situation do not only occurred in the family, but also in the entire society. For example if a woman has the same ability as a man, she would get less payment than a man and for no reason. Sometimes i f a man and a woman goes to an interview at the same time, the employ will consider the man first. This is a kind of discrimination against women. That is unfair to the women.In families women always give up their career for husbands and kids and they would take care of them. But men do not sacrifice anything. Without income, some women were looked down by their husbands. Without economic support, women are very frail. Therefore women need to be protected by men. However, men mostly control the society: therefore, it is unfavorable for women to compete with men in this kind of situation. Finally the succeed of the feminist movement established the bright further of women. As a mature and prosperous society women should have exactly same rights as men.! In the present society, citizens have many rights.Such as the right to vote, suffrage right, property right, guardianship, citizenship and so on. These rights ensure our lives' quality. As citizens own these rights they can have many benefits from those rights. They can be protected by the law and the country. But long time ago women did not have any right. Generally women are much weaker than men no matter from mental or physical. Under the men's control if they did not get any protection they will be so vulnerable. They did not have any power to revolt. In old China women had no rights , and people believed men are better than women. Therefore they rather have boy than girl.Sometimes if they had a girl they Just kill her or throw her away. At that time, they had to suffer from foot-binding in order to marry a good man. Old China allow one husband have more than one wife, and they treat their wives like slaves. Those things reflected the women's situation at that time. They can not even chose what kind of life they were going to live. Because men chose them and those women's future were in men's hands. As females, we are so lucky that we are born in this time.! In the past women even did not have citizenship. T hey were belongings to their husbands Juts like items.Some of the women were forced to stay at home for their whole life. They can not go outside. Husbands could asked their wives to do work, but instead husbands would get payment. Women were treated like animals without any humanity. Because they do not consider female as a person. That was so horrible. There is a doggerel in Chinese, the basic meaning is â⬠A husband's wife is his donkey, you can beat her and ride on her. â⬠Not only husband can do this to his wife. If the fife give birth to a girl, the husband's parents would not be happy and they can get rid of her if they want to.Women do not have any status in ancient China at all. Of course they would not be considered as a citizen, even a part of the society. To be a citizen the most basic rights are the right to vote, the right to be elected and the right of personal liberty. But at that time they were Just like slaves. To have any rights was like a dream which wo uld never come true for them. Especially for those vulnerable groups without security they Just like a clam without shell. That is why those women get so hard to gain their proper rights. They learn to become powerful, to become stronger, learn how to be independent. We must remember that men and women are spiritual equalsâ⬠(Galatians 3: 26-29) ââ¬Å"God is no respecter of persons. â⬠(Acts 10: 34-35) He does not play favorites. Faithful women mean Just as much to God as faithful men. (Women's rights and responsibilities) Now, as the Feminist Movement succeed, more and more women get educated. This made the gap between men and women getting smaller. Now the equality between the sexes became a reality. ! ! Finally in 1918 women got one of the most important rights eight to vote. But it was limited only for women above 30. In 1928 it changed into women above 21 get the right to vote. A Brief History of Women's Rights Movements) â⬠This was the very first time for wome n to vote. The event established the succeed of feminist movement in the history of women. In 1946 the United Nations established a Commission on the status of Women. â⬠(wisped) It covered gender equality and the empowerment of women. For such a long time women had been under controlled by men, but now they are free. They really became independent by themselves not only physically, but also mentally. Because they have their own rights now.! ! Later women became legal citizens. They owned citizenship and many other rights.Also they could go outside and work. Two of the most important rights are property right and guardianship. Which means women can have their own property. Also when a couple divorce the woman can have the guardianship to the children as well. These rights make women became more strong, they can be independent without men and have a good life. It is very important for women to have a economy support. If they do not have money, they can not live by themselves. Th at is why men did not allow women go out to work. Because if they got money, men can not control women any more.That is why it is so important for women to have her own Job. As citizens women can participate in this society and be considered as a part of the society. They are no longer an unimportant role. They became valuable, these made males know they need to treasure them. Otherwise women became powerful enough to protect themselves. Males no longer can hurt females. Also there are laws sets for females' benefits. Now they can use them to protect themselves from men's abuse, to like in the old times they have no choice but suffer the rest of her life or commit suicide.! As a citizen, when we own rights at the same time we also own responsibilities to this society. No matter the legal responsibilities or the responsibilities to our families. Those are the things we have to fulfill. Sometimes women have more things to worry about than men. Because men always busy on his work, only focus all his attention on how to make money. Men always think they are too busy to think about other things, therefore women have to take care of their home. However, women also need to work. Which means they have to work and take care of home at the same time.They need to worry about those fussy housework, their children's lives, their parents, cook meals and a lot of other things. But men also have responsibilities to the home, not only about the economic support but they also need to care about the home with love. A good example is children. Almost each family has at least one child. In China there is a investigation and statistics result about the time father spent with child and the time mother spent with child. Everyday a father spent less than an hour with children. More than 0% fathers says they are too busy with their work.About 20% fathers do not realize the importance to spend time with their children. ( ) It is very important for a father to be a good example for a chi ld, but they think their Jobs are more important than their children. Men give up their responsibilities for the family because their Jobs, and give it all to women. Therefore women have take all the responsibilities. But that is a little bit unfair for women because man and woman share a family. If there is any rights or responsibilities they should share instead of push all of them to one of the person.! There are some other responsibilities for women in other ways.In the bible wives are required to respect husband, honor your father and your mother, bring up children. Women are responsible to a lot of things. Therefore they need to work much more harder. Because they love their children so much that they need to spend so much vigor on children, but men always careless and do not care much as women, they would have less things to care about than women. ! Sometimes husband has some trouble during work, as wife she has responsibility to share weal and woe with him. If the husband lo se his Job or broke, he wife has to stand out and keep the family.That makes women have to take those responsibilities men did not take but they should take. This is a little bit unfair but that is the reality. ! Women are also has responsibilities in God. In the church women were used as prophets. â⬠This was a public capacity which had been foretold â⬠(Acts 2:16-18). In 1 Corinthians 12:28, prophets were listed second among the gifts. According 1 Corinthians 11: 51 â⬠This was a very important position and women worked at it. â⬠Women are concerned by God more in the ancient time. Because nobody would listen to women's witness.But when Jesus die and came back to life again. Some women went to his grave to see him. God let those women to spread the message out. That was such an important message. God let the women to told others instead of men. This reflected that God considers men and women as the same. And women also used as teachers. Len John 4:28-29, 39, a women taught men who did not know about Jesus Christ. If they could do it then, they can do it now. Women have the right to learn (1 Timothy 2:11). John 4:9-15 shows us that the Samaritan woman was asking Jesus directly and not one of her five husbands.In the community, women can work.. In Acts 9:36-39, Dorsa made them tunics and worked for the people around her. The picture of a worthy women in Proverbs 31 :12-20, 24 demonstrates that a woman can work! Women can work but they must choose the correct priorities. They will answer to God for what they have chosen Just like men will have to answer to God if they have chosen their careers over the well-being of their family (Proverbs 31:21-23, 28-29). ! ! Women also have the responsibility of loyalty to her husband. Men should not cheated on his wife, also women should not cheated on his husband also.If they cited to live as a family, they have the responsibility to each other and their children. As a women it is not responsible and imm orality if she decided to abortion. Because that is murdering. Every baby comes from God's blessing, God does not give anybody any right to take other people's life, even it is her own child's life. Once a woman has physical relationship with a man, she and he both have the responsibility to the baby if they had one. ! In conclusion the personality, life. Status between men and women are equally, no matter men or women. We should not have a sense of discrimination that women re lower than men.We should abandon the old idea about women, such as women belongs to men, women should not go outside to work, women should do all the housework at home and take care of the whole family, women were considered as slaves and so on. The As the time past, women's status is rising. In a modern society, women are same as men in mentally. Everybody soul is equal in God's eyes. Nobody is special. Therefore under this situation, men and women should have same rights and responsibilities to the country. Rights and responsibilities are coexisting. Everybody has to fulfill their own responsibilities.They cannot only have rights but do not take the responsibilities. And responsibilities and obligation are respectively. Under these situation the whole society will be prosperous. People will have happy lives. The country will run normally. Everybody would welling to contribute to the society. The country would be prosperous. This is good for the country and good for the people. If women and men all have same status, these will not cause family conflicts. Children will have a healthy circumstance for them to grow up and they will have a correct value. All of these came from the equal rights.There are so many advantages to have equal rights. Therefore no matter what rights men have, women should have as well. A mature society is a mixture. It can not only has men in it, or it can not only has women in it either. Men and women can not live without each other. Because God created us in thi s way, women is a part of men and men is a part of women. It is same for a couple. In a family, women and men are sharing the same family. Under this situation, they should communicate with each other rather than one control the other. Therefore we should have a sense of men and women are equal at all aspects.
Friday, August 16, 2019
Creative thinking process Essay
A. Case 5.1 1. How did the creative thinking process work in the development of this product? Describe what took place in each of the four steps. Phase 1: Background or knowledge accumulationââ¬âThe 3M manager wanted something that could mark the hymnal pages in order for him to be able find them fast, but did not know what could. Phase 2: The incubation processââ¬â The 3M manager knew bookmark is not the solution because it could fall out. Phase 3: The idea experienceââ¬âHe realized he needed something that could adhere to the paper, but would not rip it, so he asked if there was an adhesive thatââ¬â¢s been made that could do that. Phase 4: Evaluation and implementationââ¬âHe had his members find the not-yet-marketed adhesive and had the glue applied to paper, and later show other people like secretaries on his new ââ¬Å"attachableâ⬠notes. 2. Why did the manager have the Post-it notes sent to secretaries throughout the company? What was his objective in doing this? He knew the secretaries would be able to use them throughout their work, and he wanted to create a word of mouth buzz to get people talking about the newly made products. 3. What type of innovation was thisââ¬âinvention, extension, duplication, or synthesis? Defend your answer. This innovation was an extension to the bookmark. Bookmarks basically started as pieces of paper saving a spot for future reading. So, by adding adhesive to the paper, it is clearly an extension of a product that has already been made because it created a new use for bookmarks technically. 4. Which of the sources of innovative ideas discussed in the chapter help account for this productââ¬â¢s success? Explain in detail. It is a process source because the post-it notes are basically bookmarks, but have been innovated to be a better, more useful alternative for a variety of situations and jobs. Post-its are more dependable and therefore easier to use than bookmarks because it is harder to lose them. B. Case 7.1 1. Is anything unique about Chrisââ¬â¢s idea? Explain. The washable vinyl, the house bigger larger, and the house representing the ownerââ¬â¢s actual home are basically the only few unique aspects of the doghouse. All other aspects, like the dogââ¬â¢s name, insulation, and shingles are kind of givens when it comes to having a doghouse especially if the dogà is usually kept outside most of the time, especially in places where the weather is mildly unpredictable. 2. What is the first thing he should do to follow up on his idea? Explain. I feel like Chris should definitely look up the success of personal construction businesses, especially ones for animals like this doghouse venture. Sure, it seems like a simple and logical business venture, but I think he needs to think about whether or not this is something potential consumers really want to buy. Hence Chris needs to figure out his target market and do research on them. 3. When this is done, what else should Chris do? Outline a general course of action of him. Once he hopefully finds an effective target market, he should find an individual or small company that would be interested in building the doghouses for his new venture. How much would he be paying the contractor per house? How is he going to market the new venture? Will he have an online website in addition to newspaper and word of mouth marketing? If the business does end up being successful, Chris could also be thinking about other similar products that could be built like dog or cat beds, fish tanks, and doghouse accessories/ideas (e.g. porches or making portable doghouses).
Thursday, August 15, 2019
A Visual And Verbal Narrative
Malia Wittgenstein had finally made up her mind; she would pursue a promising job offer, with Starcom Fashion Design Company in Washington as a personal assistant to the director. Malia was willing to leave behind her usual life in Newcastle UK.Her lover; Jethro who was a Chef in a renowned Newcastle hotel, was not happy about her decision but he could not control her considering the fact that she had caught him flirting with a prostitute in a local pub. Jethro, had apologized profusely but Malia seemed to think that he was treating her that way because she was jobless at the time.Malia sat in the sitting room staring at the two bags she had packed for her departure. Emotions overwhelmed her, as she thought of her usual life in Newcastle. Malia had built all her life around Jethro but his betrayal in a drunken stupor had neutralized all her trust in him.As she stared at their portrait on the wall, so many emotions were running through her, she loved and hated him at the same time. Sh e smiled at the memories of good old times and shed tears when she remembered their latest scuffles with Jethro. Malia seemed to be sure that all she needed was to get away from Newcastle, and prove to Jethro that she could turn around and make it in life.She looked at a painting hanging loosely on the wall depicting a girl in pursuit. The painting seemed to collude with what she was going through and felt so much in touch with the painting. Suddenly she felt nostalgic and was not sure if she should go or not and tears filled her eyes.Malia was not sure if she was making a mistake or not by leaving Newcastle and more so if she was wrong about Jethro and if he really meant his love to her as he had promised earlier in a bid to try and coarse her not to leave him.She had decided to leave today because Jethro would be busy at work and would not try to stop her to leave through his sweet tongue. She cried and sobbed with a heavy heart not trusting if she could leave the life she had so much gotten used to. When she finally calmed she took a paper and a pen and wrote a letter to Jethro:To my first love,I never knew the meaning of love until I met you Jethro. You were the first man to take away my innocence and I donââ¬â¢t regret it because then I knew I loved you and you loved me. When my parents died and I lost everything, God brought you to my life and you have been the only family I have ever known.I am still hurting because you cheated on me the other day. I donââ¬â¢t know why, but I want to hate you so much yet I canââ¬â¢t because I still love you so much. Why did you hurt me so bad? Is it because I am jobless unlike you? This new job offer in Washington is promising and I think it will make me happy and thatââ¬â¢s why I want to leave and let myself be.I hate to confess this but I donââ¬â¢t know if I will ever be able to get you out of my mind Jethro. Please donââ¬â¢t try to stop me because I wonââ¬â¢t let you. I have to leave now donâ⬠â¢t worry I will get in touch after sometime. Jethro? Do you really love me as you are professing? Am I the woman of your dreams and are you certain that you really want to marry me as you told me last night?From your Cherry,Malia
Wednesday, August 14, 2019
Comparative Analysis of the Movie Essay
The movies have good story lines and scripts. Since both the movies were music and dance based, the music of the movies has been very good. Fish Tank Nowhere Boy Year of Release 2009 2010 Genre and Theme Drama Drama Storyline brief/ Narrative Based on the life of the girl who likes to go for the street dancing. Based on the life of the boy who was living with aunt and wanted to be a guitarist. Characters Leading character of the movie is the 21st century girl but she lives alone and just practices her street dance. Leading character of the movie is the boy of 21st century too but wanted to learn playing guitar and want to forget everything of his past. Locations (Shown and Shot) Mardyke Estate in Havering Liverpool and at Ealing Studios in West London Costume: Dressing Designer Culture represented Usually in the denim and T-shirt, boxers, track suits, hip-hop or street dance costumes. Jane Petrie Present culture Sophisticated dressing as per the role requirement of a guitarist and usually in proper uniform like school uniform or formal school uniform. Juliar Day Present culture. Settings of the movie This was the art movie and based on dance. The girl lived with mother and sister. This movie was also the art movie but based on instrument playing. Single family of Aunt and John was the main setting. Attitude of leading characters towards the world In this movie, Mia lives isolated from the world and she only do practice of her street dancing in her house. John live with his aunt and enjoy the social culture like going out on trips, parties etc with friends. Mode of enjoyment of the leading characters Mia only likes to dance so she enjoys that. Johnson likes to play guitar and he only like to do that. Similarity The movie was based on an art form, teenager or youth oriented. The characters wanted to learn particular dance form. She saw a street dancer which become source of inspiration This movie was also based on art teenager or youth oriented. The character wanted to learn particular music. He attended a show which became his source of inspiration for learning and playing Guitar. Difference The movie is female oriented, where the comparatively new dance form of Street dancing has been focused. In this movie, the leading character wanted to learn guitar and enjoyed playing Guitar the most and was excellent with that. His passion for Guitar has made him practice as much as he could perform much beyond his age like professionals. Conclusion In both the movies, the main aspect was to show the life of the teenage girl and a boy that how the society deals with. In Fish Tank, Mia was the girl who got admired by the street dancers who were performing and in Nowhere Boy also, John got admired from the guitarist who can be able to play much better than the band. And in both the movies, director had shown clearly that the future is influenced by the past. So Mia got tensed in the movie Fish Tank as she heard that Connor had left them and in Nowhere Boy, John was also got irritated due to his past. These movies was generally built for the young generation people as they already have pressure of studies and their hobbies and what they want to be in their life. Society also provide pressure to them which result in making pressure in the mind of the child and due to this many children left studying and they got distracted from their hobbies too. Reference British Film Industry available at http://news. bbc. co. uk/2/hi/in_depth/entertainment/2003/british_film_industry/default. stm Curran and Porter, 1993 British Cinema History, London: Weidenfeld & Nicholson 9-23 Murphy, R. ed. , 2009 The British Cinema Book, London: BFI, 1-64, 65-142 Fish Tank official website http://www. michaelfassbender. org/episodesfte. html http://www. hollywoodreporter. com/hr/film-reviews/fish-tank-film-review-1003973214. story Image Fish Tank from http://www. movieroar. com/images/fish-tankpster1. jpg Nowhere Boy Movie Review http://www. futuremovies. co. uk/review. asp? ID=1110 No Where Boy movie details available at http://www. nowhereboy. co. uk/ http://www. hollywoodreporter. com/hr/film-reviews/nowhere-boy-film-review-1004031851. story.
Tuesday, August 13, 2019
Definition of Corruption Literature review Example | Topics and Well Written Essays - 2000 words
Definition of Corruption - Literature review Example Such public servants take bribes before offering services to the large population that needs attention from them. The practice is high in government offices that deal with the processing of documents and public hospitals. Grand corruption This form of corruption is rampant in the highest ranks of the government. It is mostly perpetuated by high-ranking officials and is highly visible in authoritarian and dictatorial government settings. However, emerging democracies have embraced the division of labor in the government thus trying to combat the vice. The executive, judiciary and the legislature are therefore allowed to operate independently from each other. Systemic corruption This occurs where there is a widespread of corruption activities in the society mainly caused by weaknesses of an organization or governance process. It is encouraged by low pay in organizations, lack of honesty, impunity, monopolistic governance, discretional powers, and conflicting incentives. It includes ext ortion, embezzlement, and bribery of public officials. In this occurrence, corruption becomes a necessity for survival. The spread of corruption Corruption is widespread in society. It has corroded every aspect of our society ranging from government institutions to private institutions. Joseph in the book political corruption describes all institutions as being corrupt from the core (42). Right from childhood, children become corrupt because of the examples they see from the older generations. Hence, corruption can be said to be a deep-rooted problem in the society Philosophical issues related to corruption Corruption is a social problem in the world today. Due to corruption, innocent people suffer at the expense of corrupt leaders. Corruption has led to the following: Increase in poverty in the society Corruption is a game of survival for the fittest. The corrupt individuals are able to increase their income and safeguard their wealth as compared to middle class individuals. This h as led to increase in the gap between the rich and the poor. In countries where corruption is widespread, the level of economic development is very slow because funds that could have been used in the developments are lost. Hence, such countries remain poor. Lack of good health care and education In most of the developing countries, corruption has led to the under-utilization of government funds. Such funds could have assisted in the provision of health care. Most public hospitals are therefore left without medicines and qualified doctors. economic
The Ruritanian Project Coursework Example | Topics and Well Written Essays - 2000 words
The Ruritanian Project - Coursework Example The country is currently politically stable. Governments have been democratically elected for the last twenty years. There are two major political parties in Ruritania. The country is about to go for polling in next couple of months. Recent opinion polls suggest that the present Government currently enjoys a 7% lead over the other major party and this view has remained reasonably stable. So if the incumbent government stays in power, it will continue the reform works. The other major party is also committed to democratic principles and a market based economy. They intend to increase both corporate and personal taxation to provide additional funding for their proposed social expenditure (Case Study). The currency of the country was deregulated nearly twelve years ago. Though there was initially a sharp depreciation of the currency, the currency has gained stability against major international currencies during the past three or four years. There has been a speculation that the government will peg the currency with a major currency as a first step for joining the euro. Ruritania is currently negotiating for membership of the European Union and hopes to join in about 2014 (Case Study). In this case, our company wishes to set up a manufacturing in the country in order to utilize the low cost labor and access the local market. We are going to discuss various long term and short term financial issues and underlying theories that are likely to influence the investment decision (Case Study). Foreign Direct Investment as a Strategic Decision of the Firm FDI refers to the reassignment of the capital, managerial and technical assets of a firm from the dwelling country to the host country. It is a type of international finance which consists of lending and portfolio investments. It is unlike lending because it demands ownership. Also it is different from portfolio investment since it entails control of financed actions over administration. There is no united theory associated to FDI. Basically, three levels of analysis have been differentiated by theories based on conventional trade and location theories, theories based largely on industrial organization economics, and theo ries are based on the theory of the firm and center on the competitive advantage of the firm. Customary international trade theories have been enlarged to FDI with regard to the international movement of factors of production. Examples incorporate such extensions of the international trade theory, as factor endowment theory that includes factor mobility (Helpman, 1984, pp. 451-471) and specific factor models (Markusen & Venables, 1998, pp. 183-204), which both are delegates of the new trade theory. They are valid in the context of FDI, as they let imperfect competition and product differentiation. Also traditional location theory stresses on the least-cost location of production as the best location of the firm. Macro-economic investment theories include Dunning's developmental model of international investment. The theory relates the determinants of outward and inward investments to the developmental stage of the state. According to the model, outward investment beats the inward in vestment as the country grows. The ongoing shift from negative to positive on net investment depends on a country's factor endowments, politico-economic system and its interdependencies with the world economy (Dunning 1993). Vernon pioneered the product life cycle theory in the mid-1960s, but expanded it later to a clearly oligopolistic understanding. The theory elucidates the geographical course of locating the manufacturing units in the four broad stages of development. In the first phase, new products are launched by a firm griping technological headship in
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