Wednesday, December 25, 2019

Effectiveness of Utilitarianism as a Modern Moral Theory

For men, there are two avenues to reason. Morality: the appeal to human emotions and a sense of intrinsic good, and logic: the appeal to human understanding of the world. While a number of moral theories exist, none of them is more well documented that Utilitarianism, which focuses on the maximization of total utility. I will discuss the theory initially, and then identify the major problems associated with it. I will conclude with a rationale as to how effective Utilitarianism is as a modern moral theory. Utilitarianism is quite a broad theory, with different constructs. However, the underlying agenda is the same: actions should be aimed such that the greatest good occurs for the greatest number. Theorist Jeremy Bentham can be attributed with the inception of the theory, while later developments were headed by J.S Mills. Utilitarianism takes a quantitative approach to life, and tells us that every action should seek to maximize happiness. John Stuart Mill in his book Utilitarianism, states, In the golden rule of Jesus of Nazareth, we recite the comprehensive spirit of the ethics of utility. To behave as do by others, and to love ones neighbour as oneself, establish the basic rightness of utilitarian morality. The value of an action is only judged by its consequences. In many ways, Utilitarianism is a form of consequentialism. Bentham describes Utilitarianism in its simplest form, â€Å"it is the greatest happiness of the greatest number that is the measure of right andShow MoreRelat edControversy Between the Existence of God Essay example1451 Words   |  6 Pagesbetween the moral beliefs of secular humanists and the beliefs under study. When one says that the non-existence of God leads to the fact that everything is permitted, one implies that there is a crucial link between the existence of God and morality. In other word, it may be summarized that the statement under study suggests viewing God as the source of morality. This suggestion brings one close to the divine command theory. As one of most well known meta-ethical theories, divine command theory lies inRead MoreCritique Of - Applying Ethical Theories: Interpreting and Responding to Student Plagiarism, Journal of Business Ethics1310 Words   |  6 Pages Manchester Metropolitan University Business School Research Methods Assessment 1: Critical Writing (15%) Granitz, N. and D. Loewy (2007), Applying Ethical Theories: Interpreting and Responding to Student Plagiarism, Journal of Business Ethics, vol. 72, pp 293-306. Summary Plagiarism in todays â€Å"copy and paste generation† is an unremitting, complex issue that is not yet fully understood. The paper responds to this proposition with a thesis that understanding the ethical reasoning providedRead MoreThe Pressures on Healthcare Organizations1910 Words   |  8 Pagesincreasing pressure to improve their operations, provide evidence of their continued quality, and the efficiency of the organization. For the modern organization, this means that managers who have traditionally focused on the quality of care now must now change paradigms in mid-stream and review the overall management practice for the sake of effectiveness, patient safety, and even cutting edge techniques (Kujala Lillrank, 2006). In fact, this is so critical that reports from the Institute of MedicineRead More The Fight for Human Rights Essay3126 Words   |  13 PagesMill, Robert Nozick, and John Rawls provide a philosophic framework for evaluating the security-for-rights compromise. Though their respective theories vary greatly in theory and in practice, they provide models to condemn this exchange. Neve rtheless, each differs in the persuasiveness and effectiveness of their tools for argumentation. Mill’s utilitarianism, Nozick’s libertarianism, and Rawls’ egalitarian liberalism reject the tradeoff of security for a majority in exchange for the violation of theRead MoreCriticisms Against Ethical Theories8474 Words   |  34 PagesCriticisms leveled against Ethical Theories 1. Criticisms leveled against Consequentialism. Consequentialism is based on the consequences of actions. It is sometimes called a teleological theory, from the Greek word telos, meaning goal. According to consequentialism, actions are right or wrong depending on whether their consequences further the goal. The goal (or, the good) can be something like the happiness of all people or the spreading of peace and safety. Anything which contributes toRead More A Case Study Depicting the Importance of Ethics in Medicine Essay4544 Words   |  19 Pages‘Work for health requires moral commitment’ (Seedhouse, 2009 p. xiviii). Therefore, the obligation rests on healthcare professionals faced with ethical dilemma in their practice to make moral decision which should promote and enhance health ( Rumbold, 1999; Sim, 1997). Ethics is concerned with the basis on which an action is determined as either right or wrong (Rumbold, 1999; MacIntyre, 2005). Therefore, ethics is the study of morality which is also known as moral philosophy (Sim, 1997; ThompsonRead Moreethical decision making16006 Words   |  65 Pagesthe three ethical dilemmas? What other information would be helpful to know about these situations to make a decision? CHAPTER FOCUS Virtue or Character Ethics Principle-Based Ethics: Developing Moral Rules Utilitarian Theories: Doing the Most Good for the Most People Deontological Theories: Balancing Rights and Obligations Justice in Health Care Values and Health Policy Ethics of Care Ethical Problems Faced by Community Nurses: The Research Ethical Decision Making Service Learning:Read MoreGlobal Marketing Leadership2244 Words   |  9 Pagesfor leaders to consider when creating marketing materials globally? Culturally we are different and should be respected however; cultural differences should be celebrated and adaptive as well if we are going to market businesses globally with effectiveness. Cultural sensitivity is needed but should not be the primary factor to marketing effectively. Cultures divide and create an ethical dilemma when marketing globally. Cultural sensitivity is often a barrier to cultural adaptability when ethics isRead MoreCsr And Organizational Leadership And The Implications For Leadership2879 Words   |  12 Pagessets a minimum of behavioural standard for corporations, below which corporate behaviour becomes socially irresponsible (Campbell, J. L., 2007). Whilst setting a minimum set of behavioural standards for corporations in defining CSR has great merit in theory, applying it across the broad spectrum of corporatio n, may well see it open to abuse as one corporations view of what is harmful to stakeholders may be very different to another’s. For another perspective on CSR, McWilliams and Siegel (2001) haveRead MoreClassical Deterrence Theory : An Examination Essay2749 Words   |  11 Pages Classical Deterrence Theory: An Examination of Four Empirical Studies Testing it and its Utility in the Modern World Natalya E. Zide California State University, Bakersfield Classical Deterrence Theory: An Examination of Four Empirical Studies Testing it and its Utility in the Modern World In the 1700s, crime was rampant across every town in every country. Constables formed small patrols from volunteers in the community and it would not be until 1829 that the first police

Tuesday, December 17, 2019

Midterm Assessment Analysing T-accounts Balance Sheet and Profit

Essays on Midterm Assessment: Analysing T-accounts Balance Sheet and Profit and Loss Account for a small US company Essay Running Head: Analyzing Financial ments of a small US company ANALYSING T-ACCOUNTS BALANCE SHEET PROFIT AND LOSS ACCOUNT FOR A SMALL US COMPANY Customer Inserts His / Her Name Customer Inserts Grade Course Customer Inserts Tutor’s Name Assignment Part 1 - Requirements The accounting entries for each of the events, which took place within a small distribution company, have been accounted for under various relevant T accounts in Exhibit 1.1 in attached Excel sheet. Assignment Part 2 - Requirements Vertical analysis of financial statements of a Company For business purposes and to clarify the better financial position and performance of a Company, vertical analysis of financial statements of enterprises is performed in order enlighten various financial analysis and comparative outlook of a Company financial standing and result. Vertical analysis is basically the display of every line items of financial statements as a percentage or rate of gross revenues, which exactly tells that where are each penny of Company’s earned revenue is utilizing and what is its overall flow of expenditures towards attaining the final net profit for the Company (Netplaces.com, 2014). In addition, same analysis is performed with respect to balance sheet of Company as well. The vertical analysis of Profit and Loss statement and Balance sheet of a Company has been performed in Exhibit 1.2 of excel file attached. Horizontal analysis of financial statements of a Company On the other hand, the major aspect and intention behind performing and developing a horizontal analysis on any Company’ s financial statements, is to analyze and critically evaluates the figure work incorporated in such statements from one financial year to another one (Berry, 2011). This analysis is basically termed as the trend analysis in typical accounting literature, and it would clearly points out the recent trends with which a particular line item of financial statements of a company is affected with. Moreover, the horizontal analysis of Profit and Loss statement and Balance sheet of a Company has been performed in Exhibit 1.3 of excel file attached. Cash flow Statement of Company A cash flow statement of Company is prepared with the help of the financial statements of Company in Exhibit 1.4 of attached excel file. Brief Analysis on financial performance of Company A Dupont  model is used here to analyze the financial performance of Company, particular to its current year financial results accruing and forming several heads and classification of overall revenue figure that company has earned in 2013. This model successfully demonstrates the overall company performance in terms of, where its ultimate return on equity is developing from. Moreover, the prime strength of Dupont models of financial evaluation is typical means through which, it takes an indirect consideration over the broad scale of financial information to determine and analyze the ultimate outcomes which it provides on clear basis   (Guidotti, 2013). For instance, with the help of following figure, asset turnover percentage input, is indirectly flowing some great extent of informational data with regard to different facets and breakups of overall financial analysis, including line items of balance sheet, profit and loss statement, and their overall interlocking interactions. Source:  (Guidotti, 2013) However, when implementing and analyzing the financial data of the company in question, it would be much appropriate and feasible to accurately divide the overall financial performance of a company under its ultimate net of return on equity basis. Although, a core structure of such model would be quite different from one company performances to another, but, as far as our company is concerned this model would certainly depict a unique and clear mode of financial outcomes analysis with regard to company’s current and past financial performances. Key Findings The overall analysis performed and calculations made and demonstration of various set of financial techniques implicated in order to meet and critically evaluated varied financial standings and outcomes of a Company, following are some key findings as a result of this analytical report; On the basis of vertical analysis, the income statement of a company can be clearly viewed from the overall proportion or percentage of gross revenue as a product of other line item of presented in such statement. Moreover, such analysis also enabled the presentation of balance sheet framework in a more congenial manner as well, and it is due to each line item of assets and liabilities and share holders equity can be truly represented as the percentage of assets and liabilities and equity in particular. This would highly facilitate the users of financial statements as they would not need to indulge themselves in analyzing diversified and head aching figures work and terms. Moreover, horizontal analysis depicts the change in figure and proportional means of such figures, of comparative years of financial information for two years and more. With regard to company analyzed, a considerable fluctuated line items under our analysis includes the transformation of company from profit earning entity to loss generating company from 2012 to 2013, which is proportionally accruing the net change of 1300%. In addition, due to this substantial change, an overall fluctuating picture has been presented by the profit and loss statement of a company analyzed with horizontal techniques. As far as balance sheet is considered, a horizontal analysis strongly depicts and highlights two major line items in 2013 which have been significantly varied as compare to last year financial scenarios. This includes the major fall in accumulated account receivables and a rise in share capital structure of a company. However, cash flow analysis of Company provides a positive inflow of cash resources towards the company during the year, which is mainly due to the reasons of payment received from debtors, receipt of cash from banks in form of loans and accounting for non cash items from the profitability of company, including depreciation, amortization and doubtful debts expenses. REFERENCES Netplaces.com, (2014).  Vertical and Horizontal Analysis - Accounting. [online] Available at: http://www.netplaces.com/accounting/the-best-use-of-your-financial-statements/vertical-and-horizontal-analysis.htm [Accessed 19 Aug. 2014]. Berry, L. (2011).  Financial accounting demystified. 1st ed. New York, NY: McGraw-Hill. Guidotti, D. (2013).  Strengths and Shortfalls of Dupont Analysis. [online] PFhub - Business, Financial Economic News. Available at: http://www.pfhub.com/strengths-and-shortfalls-of-dupont-analysis/ [Accessed 19 Aug. 2014].

Monday, December 9, 2019

Explain the Succession Strategy at Apple Essay Sample free essay sample

Ques. 1 Please explicate the sequence scheme at Apple. How did the company select the replacement to Jobs? Steve Jobs was more than a concern leader. with vision. passion for design and merchandise excellence. wrapped in a perfectionist personality with astonishing concern understanding. His ability to take Apple comes non merely from his leading qualities. but besides his deep experience in the engineering industry. The issue Apple faced in its sequence scheme is about Jobs’ leading manner and doctrine. many people who work at Apple think that his force of personality is both august and feared in the company. This manner of leading has created a strong sense of executing and excellence at the company – but will besides be difficult to replace. During his long calling. Jobs had developed a long list of doctrines about direction which need to be incorporated into the hereafter. Apple’s Succession Strategy for Jobs: Apple University High-Impact Succession Management ® developed the undermentioned adulthood theoretical account which shows. company evolve their sequence schemes from replacing charts which enables people at all degrees to travel from function to function. Succession merely works good when there is a clear apprehension of the leading traits and competences needed at each degree. and the procedure is sponsored by executives at the top. Point to set up best patterns for sequence planning. including engaging from within. carry oning an hearing period. easing the replacement into a leading function and supplying some degree of sequence revelation to stockholders. In the instance of Apple. the board and Jobs himself were be aftering for sequence for several old ages. Behind the scenes. there has been a undertaking at Apple for several old ages to â€Å"capture the kernel of Steve Jobs direction philosophies† for coevalss in front. Under the rubric of Dean of Apple University. Joel Podolny ( former Dean of Yale Business School ) has been constructing a leading course of study around Jobs behind the scenes. It has non being seen the merchandise of this work. several ex-Apple employees mentioned that this is a really strategic undertaki ng designed to assist Apple go on under Steve’s leading theoretical account even after Steve leaves the company. Most companies look at competence theoretical accounts and engage executive recruiters to measure leading campaigners for sequence. Apple â€Å"thinking different† has taken a page from High-Impact Learning Organization ® playbook. They are capturing the kernel of Apple’s executive public presentation and doctrine in digital signifier for leaders on into the hereafter. The reasonably close Apple University had spent a batch of clip and money capturing the experiences. direction doctrines. proficient accomplishments and rules of Steve Jobs for others to utilize in the hereafter. Harmonizing to Apple. the company founded Apple University in 2008 â€Å"to Teach Apple employees how to believe like Steve Jobs and do determinations he would do. † In many ways it was built to work out the job of â€Å"running Apple after Steve Jobs† – and puting in topographic point the tools and information which helps Apple learn from his corporate 30 old ages of wisdo m. As the in writing above shows. the University is designed around capturing Job’s corporate acquisition and interpreting this into content. plans. and stuffs which Apple employees and leaders can utilize long into the hereafter. Today Apple University is still a kept up secret. it is one of the most advanced and exciting signifiers of sequence direction yet to be seen – Think different about your ain leading and how you can reassign accomplishments and civilization frontward when your leaders leave. How did company choose the replacement to Jobs’ ? â€Å"I knew what I wanted and I realized that Tim and I saw the same things precisely the same manner and we had the same vision† . â€Å"As far as my replacement goes. I strongly recommend that we execute our sequence program and name Tim Cook as CEO of Apple. I have great assurance that Tim and the remainder of the executive direction squad will make a terrific occupation put to deathing the exciting programs we have in topographic point for 2011. † Jobs said in a missive to Apple Board. Publicly. Apple had been preparing Tim Cook for several old ages. Not merely had he already experienced the CEO function. he had been working straight with Jobs on the company’s supply concatenation – so he had a deep apprehension of the internal operations of the company. Cook joined Apple in 1998 as senior frailty president of Operations. Cook worked in operations at Compaq and spent 12 old ages at IBM. At Apple Cook â€Å"was responsible for all of the companyâ€⠄¢s worldwide gross revenues and operations. end-to-end direction of Apple’s supply concatenation. gross revenues activities. and service and support in all markets and states. Cook was besides caput of Apple’s Macintosh division and plays a cardinal function in the continued development of strategic reseller and supplier relationships. guaranting flexibleness in response to an progressively demanding market place. † Cook’s term of office at Apple shed bloated stock lists and whipped the company’s supply concatenation into form. Cook ran daily operations during Jobs’s absence [ in 2009 ] and was praised for his ability to do Apple’s sprawling operations move on clip. He has established himself as the CEO-in-waiting since his stretch pickings over for Mr. Jobs. † Top of Form Bottom of Form Insiders say Cook has already â€Å"been softly running the company for several old ages. Steve is the face of the company and involved with merchandise development but Tim takes all those designs and turns it into a large heap of hard currency for the company. † Cook Aims to Supply Jobs’s ‘Gravitational Force’ at Apple. Besides. Apple’s stockholders express assurance that the company’s freshly anointed main executive. Tim Cook. is the right adult male for the occupation. Mentions: hypertext transfer protocol: //knowledge. Wharton. upenn. edu/article. cfm? articleid=2134 hypertext transfer protocol: //www. bersin. com/blog/post. aspx? id=72a43072-e599-4dd0-9205-d1eacc25f434 hypertext transfer protocol: //www. pcmag. com/article2/0. 2817. 2391818. 00. aspSteve Jobs’ life by ‘Walter Isaacson’ .

Sunday, December 1, 2019

Personality Theories free essay sample

Kelly explained personality change as a result of Answer adjusting to environmental pressures. Successive constructions of the replications of events. Question 5 increase the predictability of events. Question 6 Slot movement describes changing to the contrast pole of a construct. Question 7 Is your teacher happy? a student is asked. The student replies, I dont know; I never thought about that. What interpretation from Kellys theory is appropriate? B. The teacher is outside the range of convenience of the students construct happiness. Correct Answer: happiness.Question 8 Despite numerous physical difficulties, artist Friday Kohl believed she could be successful in her work. This is called Answer self-efficacy. Question 9 Michel focuses particularly on variables. Cognitive Question 10 According to Michel, traits contradict describe Question 1 1 behavior. If I ask Jane to go to the movies, will she go, or reject me? This is a question of behavior-outcome expectancies. Question 12 According to Michel, people are not passively controlled by their environment because they can develop to influence their own behavior. We will write a custom essay sample on Personality Theories or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Answer self-regulatory systems Question 13 Michel conducted research on the delay of gratification in Answer children. Question 14 Delay of gratification is easier if the child sees models who delay their own gratification. Question 15 Bandannas concept of describes the mutual influences of the person, the environment, and behavior. Answer reciprocal determinism The main function of the self-system, as described by Bandeau, is to Answer regulate behavior.

Tuesday, November 26, 2019

The Broken Family

The Broken Family Free Online Research Papers America is the best country in the world. We have the best doctors, the best military, the best schools and best of all the most freedom. But as with any system there are possible improvements. One of America’s biggest current problems is the broken family. In America one out of two marriages ends in divorce. This drop in stable marriages also increases the number of children being raised by single parents of whom eighty three percent are female (Wood). This is creating a generation of children who have no idea how a family should be run and they don’t understand how to be a good spouse. This experience in a child’s youth also causes kids to try and have all of the things that come with marriage with out the commitment because they are afraid of it. This decrease in lasting marriages can be accounted for by many factors. One contributing factor is the idea today that love is what you want it to be and only lasts as long as things are easy or comfortable. This misconception causes many couples to just forget about the â€Å"till death do you part† section of the vows and decide that they should sleep with whoever makes them feel good (Wilson). These decisions can also cause a large spread of diseases. With our youth going and having sex with many people to whom they are not married, many diseases are being passed along and spreading through the society. If these people had the traditional values of marriage and abstinence then the diseases wouldn’t be a problem. The fall of traditional values in America has brought an increase in the spread of STDs. As more and more teens decide that they are mature enough or free enough to pick a mate at the age of sixteen and sleep with them shows: for one, a lack of general education on health and risks that come from this, and a lack of value placed on the family. This new generation of unmarried teenagers at risk of STDs and not caring should scare the decision makers and educators into action but regardless of this they choose to ignore what is happening and cover it up. The frequent divorces that leave behind children with only a single parent cause these children to grow up without some of the guidance that they need. As many children only have a mother they lack the strong guidance that can come from a father. Because of this America has seen a rise in gang participation and violence. Gang membership provides a fatherless child with a level of guidance, acceptance and discipline that all youth desperately need. At the beginning of 2002 there were approximately 18 active gangs; now there are around 89 active gangs on record. (Atkins) According to Toney Atkins, the courier for The Southern Poverty Law Center, the gangs are now more violent and more active, committing more atrocities and pulling in new members daily. The American media is one of the largest culprits of poor education to our youth. Every day the news is flooded with all of the problems in America and all of the youth know everything that goes wrong. Every single murder, rape, divorce, sexual scandal, and the next top model all show up to tell them what the worlds problems are and how horrible it can be to be out in the world and its strife. These children are deeply influenced by everything they hear and will see these things as normal. One proof of this is seen in the growing rates of teenage violence. These problems all compounded with each other and America’s drift away from absolute truth and right and wrong are making America a much scarier place to be than it was fifty years ago. The easiest solution to these problems is education and awareness. If the American schools were willing to tell their students the truth about what their actions do to them, then the American public could begin its path back to strength and unity. Dr. Ann Crickard, while giving a lecture on STDs to a Westland high school health class, stated â€Å"†¦Condoms are not 100% protective against STDs especially HIV†¦Ã¢â‚¬  The teacher of the class immediately stood up and said to Dr. Crickard â€Å"You can’t say that!† disallowing Dr. Crickard the right to defend her statement. The teacher quickly removed her from the classroom.(Crickard) This symbol of America’s ignorance and attempt to hide information from the youth needs to be stopped in order to protect our f uture generations. If America opens the minds of its youth to the studies and facts around them, then the many problems arising from and with the broken families could begin to fade. To use an old clichà © â€Å"the youth of today are the leaders of tomorrow†. If our generation is kept completely ignorant and uninformed then the results will destroy our country. A strong education and a belief and hunger for absolute truth are forces that will put America back into a rush forward to a strong leadership role in the world. Improved strength in the American family and a return to the traditional family values can bring American society out of the scare that it is in due to all of the crimes occurring and bring back the common â€Å"hello† to passing strangers. If America gives the new generations an education about the value and strength of a close family, then the family can come back and give America the strength and values to be a light shining in a dark and scary world. Research Papers on The Broken FamilySexually Transmitted DiseasesBooker T. Washington, W.E.B. Du Bois, Ida B. Wells-BarnettProbation OfficersIs the Use of Psychotropic Drugs in the Treatment ofThe Story of Beatrix PotterMRSA Staph BacteriaCauses of the 2008 Financial CrisisStandardized TestingDistance Learning Survival GuideCombating Human Trafficking

Saturday, November 23, 2019

Color Change Chemical Volcano Demonstration

Color Change Chemical Volcano Demonstration There are several chemical volcanoes that are suitable for use as a chemistry lab demonstration. This particular volcano is nice because the chemicals are readily available and may be safely disposed after the eruption. The volcano involves a color change of the lava from purple to orange and back to purple. The chemical volcano can be used to illustrate an acid-base reaction and the use of an acid-base indicator. Color Change Volcano Materials goggles, gloves, and a lab coat or apron600 ml beakertub large enough to accomodate the beaker200 ml water50 ml concentrated HCl (hydrochloric acid)100 g sodium bicarbonate (NaHCO3)bromocresol purple indicator (0.5 g bromocresol purple in 50 ml ethanol) Make the Chemical Volcano Erupt In the beaker, dissolve ~10 grams of sodium bicarbonate in 200 ml of water.Set the beaker in the middle of of the tub, preferably inside a fume hood, since strong acid is used for this demonstration.Add around 20 drops of indicator solution. Bromocresol purple indicator will be orange in the ethanol, but will turn purple when added to the basic sodium bicarbonate solution.Add 50 ml concentrated hydrochloric acid to the purple solution. This will cause the eruption in which the simulated lava turns orange and overflows the beaker.Sprinkle some sodium bicarbonate on the now-acidic solution. The color of the lava will return to purple as the solution becomes more basic.Enough sodium bicarbonate will neutralize the hydrochloric acid, but it is best to handle only the tub and not the beaker. When you are finished with the demonstration, wash the solution down the drain with plenty of water. How the Volcano Works changes color the sodium bicarbonate HCO3- H ↔ H2CO3 ↔ H2O CO2

Thursday, November 21, 2019

Demand and supply Essay Example | Topics and Well Written Essays - 1500 words

Demand and supply - Essay Example These factors have been pointed out and discussed by several authors (Stiglitz and Walsh (2002), Pindyck and Rubinfeld (2004), Mansfield (1992), Reynolds (1988), Colander, (2004) etc.). Stiglitz and Walsh (2002) demarcate these factors into economic and non-economic factors. Below is an elaboration of these ‘other factors’. An increase or decrease in the income of consumers may lead to a rise or fall in the demand for a product. This change by and large depends upon the nature of the commodity; i.e., inferior good or normal good. In case of an inferior good, an increase in the income of consumer will lead to a fall in the demand of that particular commodity and vice versa, because consumer will then shift to a product much better than the previous commodity in his/her perception. On the contrary, in case of a normal good, an increase in the income of the consumer will cause the demand for that commodity to rise shifting the demand curve to the right and vice versa. This is another economic factor responsible for bringing about a shift in the demand curve. A change in demand of a particular product can be effectuated by a change in price of its close substitutes. The demand for a product will rise if the price of its substitute commodities increases, shifting the demand curve to the right and vice versa. For instance, the demand for coffee for some people will increase as the price of tea rises and vice versa. On the other hand, more tea-consumers would shift to coffee if the price of coffee declines in the market, because a rational consumer will mostly opt for a cheaper substitute, once the price of any of the product rises. Complements are the products that are used or preferably used with another product. Any change in the price of complements will also lead to a change in the demand for the product. For instance if the price of milk increases, the demand for tea or coffee will also fall down, causing a leftward shift to the demand curve. It

Tuesday, November 19, 2019

People's History Essay Example | Topics and Well Written Essays - 750 words

People's History - Essay Example In this specific book, Zinn unfurls the early times when Christopher Columbus stumbled across the lands of current America while searching for the riches of Asia. Assuming to have reached the prosperous lands of Asia, Columbus tried in vain to uncover the non-existent riches from the barren lands. His failure to do so brought the unjustified wrath of the investors and Columbus himself befalling on the innocent and naive natives of the region. The bloodshed and series of wars that followed resulted in the loss of innumerable lives. According to a report, by 1650, none of the natives remained alive. (Zinn). The book holds elaborate accounts of how Columbus, revered as a discoverer of America, and other colonists waged wars against the natives, eliminating their existence from their very own lands. Zinn does not excuse the manslaughter and â€Å"genocide† that occurred; instead he focuses on all historical aspects to relieve the history of the distortions that have now been embed ded in it. Furthermore, the book talks about the mass imports of slaves from Africa which ranged from 10 to 15 million people. This brought about the establishment and acceptance of slavery. Racial and complexion biases were practiced ruthlessly. The resisting masses of â€Å"blacks† were forced into their places as slaves, not allowed to mix with the white people. This marked the â€Å"Drawing (of) the color line† (Zinn) as the title of the second chapter suggests. Moreover, the book develops the idea of social classes with extreme rapidity. Social classes were formed almost immediately thereof, establishing distinct living standards for all. The residents of England enjoyed the top-most tier of the social classes, followed by the elites in United States of America, then the frontiersmen who mainly consisted of white rebels against the tyranny of slavery, and

Sunday, November 17, 2019

Psychoanalytic Personality Assessment Essay Example for Free

Psychoanalytic Personality Assessment Essay Psychoanalytic theory was developed by Sigmend Freud. It is a system in which unconscious motivations are considered to shape normal and abnormal personality development and behavior. Psychoanalysis is commonly used to treat depression and anxiety disorders. Freud’s Psychosexual Theory of Development explains that if there was a conflict in a stage and not resolved that person would be fixated. Carl Jung’s Analytic Psychology is according to the mind or psyche. Alfred Alder’s Individual Psychology is the importance of each person’s perceived niche in society. Freud’s work is now the most heavily cited in all of psychology. Most of Freud’s patients did not need treatment so he resorted to using hypnosis. He used the technique of free association in order to understand the causes of mental and physical problems in his patients. Dreams to him were saw as pieces and hints of unconscious. The problems of inner conflict and tension are found in dreams. There are three structured parts in the mind according to Freud. The three parts are id, ego, and superego. Freud’s and Jung are compared by using unconscious sexuality in their theories. The id, das es in German means the it; it operates according to the demands of the pleasure principle to reduce inner tension. Ego is the Latin word for I. Personality that deals with the real world according to the reality principle to solve real problems. Superego rules over the ego and parts are unconscious, though it constrains our individual actions. Freud looked for meaning in minor connections thoughts and behaviors. Now 100 of years later there are no three levels id, ego, and superego. Freud was correct in concluding that certain parts of the mind are not subject to conscious awareness. His theories opened new approaches to human nature and psychotherapy. Carl Jung theory is divided into three parts just as Freud’s theory is. The three are unconscious, personal unconscious, and collective unconscious. Freud and Carl embody the sense of self for unconscious. Personal unconscious are thoughts and urges that are unimportant at the present. This contains past (retrospective) and future (prospective) material to be compensated to have a balance. Collective unconscious is comprises a deeper level of unconsciousness and is made up of powerful emotional symbols called archetypes. Archetypes are derived from the emotional reactions of our ancestors. Carl Jung was interested in the deepest universal aspects of personality and expanded ideas of the unconscious to include emotionally charged images and expanded ideas of all generations. He also gives the concepts of complexes meaning emotionally charged thoughts and feeling on a particular them. Another thing is he describes personality as being comprised of competing forces pulling against one another to reach equilibrium. Alfred Adler focused on the social world and its identity. Adler and Freud’s differences were in the origin of motivation. Freud theory was based on prime motivations that were built on pleasure and sexuality. Adler’s theory is based on motivations that are more complex. Adler was much more concerned with social conditions and saw the need to take preventive measures to avoid disturbances in personality. He believed personality problems can be avoided by using detailed knowledge about individuals to construct healthier social environment. Personality typology based loosely on Greek notions of the bodily humors. He believed in positive goal oriented and nature of human kind. There are two characteristics that I agree with which are: Jung’s personal unconscious and Alder’s superiority complex. There are two characteristics that I disagree with which are: Freud’s latency stage and Alder’s collective unconscious. Psychosexual Development has five stages: oral stage, anal stage, phallic stage, Oedipus complex, Electra complex, latency stage, and genital stage. Oral stage is where we satisfy our hunger and thirst. Anal stage is where we feel relief when defecating. Phallic stage is where adolescents focus on genitals. Oedipus stage is where a young boy wants to kill his father to marry his beloved mother. This is the opposite for girls in the Electra complex. Latency stage is where adolescents focus more on academics and friendships. Genital stage is where marks the beginning of an adult life of normal sexual relations, marriage, and child-rearing. Challenges from the outer environment and from our inner urges threaten us with anxiety; there are three defense mechanisms that I can relate to very well. The three are reaction formation, displacement, and rationalization. The processes that the ego uses to distort reality to protect itself are called defense mechanisms. Reaction formation is the process of pushing away threatening impulses by overemphasizing the opposite in one’s thoughts and actions, e.g. Josephine was a classmate of mine in 2008. A lot of my peers in that year were exposing themselves to be either gay or lesbian. Josephine’s religious and outspoken background made her very judgmental towards her peers. Ultimately, the summer of 2009 being in the spotlight of high school she had a girlfriend. Displacement is the shifting of the target of one’s unconscious fears and desires, e.g. Jason and I get into arguments all the time just as any normal couple. The dishes were not washes like I had asked. For some reason my frustration was at an all-time high. The dog tipped over the trash can in the kitchen and in the bathroom. Not to mention the dog feces in the living. I had enough so I kicked my dog, Charles. Rationalization is a mechanism involving post-hoc logical explanations for behaviors that were actually driven by internal unconscious motives, e.g. I want to move back home so that it will be easier for the baby and I just know it would be so much easier and a better opportunity for me to concentrate on school, but the underlying is that I just want to leave my current home. In conclusion, psychoanalytic theory was developed by Freud. This is a system in which unconscious motivations are considered to shape normal and abnormal personality development and behavior. Both Freud and Jung believed ego played a huge part in personality and the unconscious sexuality. Adler and Freud’s theory differed by the origin of motivation. Freud believes in prime motivations were pleasure and sexuality. Adler believes in human motivations that are more complex. Like Jun Adler believed in the importance of the teleological aspects, or goal-directedness of human nature. Difference in Freud’s and Adler’s philosophies was that Adler was much more concerned with social conditions. He saw the need to take preventive measures to avoid disturbances in personality. In all of these theories helped open new approac hes to human nature and psychotherapy. References Friedman, H. S., Schustack, M. W. (2011). Personality. Classic Theories and Modern Research (5th ed.). Retrieved from University of Phoenix eBook Collection database.

Thursday, November 14, 2019

The Negative Effects of High-Stakes Tests Essay -- Education, No Chil

Visualize a standardized test taken annually by millions of students in the U.S.A. that directly affects teaching methods, school budgets, and grade promotion. Presently, millions of schools are utilizing high-stakes tests to determine these major factors. The United States expects students to perform well on standardized testing, or school districts will suffer financial consequences under the No Child Left Behind Act (Au 502). This places pressure on everyone from administrators to students in a school district. Schools worldwide are stressed to succeed on these standardized tests when they only measure a fraction of a student’s intelligence. Standardized testing must be discontinued because it negatively affects school curricula, students’ and instructors’ mentality, and fairness of the test for all students. National standardized testing is a requirement under the No Child Left Behind Act (NCLB) which promises parents that: instructors will teach more efficiently, students will be motivated, and school systems will operate more productively (Nicolas 42). All of these promises are said to lead to better education for students, especially those who are raised within minority groups (Nicolas 45). The primary purpose of standardized tests is to evaluate students and show whether or not the standards of the standardized test was met in the school. However, the risks of these tests outweigh the benefits. A standardized test is not the sole test that determines the level of the student’s intelligence. Standardized tests place pressure on teachers to instruct a group of diverse students who are all on different academic levels. When students score poorly on standardized tests, school districts are coerced to lose federal education f... ...ngle test that does not even measure the entirety of a student’s intelligence. School districts who are afforded minimal test preparation cannot expect their students to successfully pass as well as the students in another school district who can afford a plethora or test preparation. Hence, these poor school districts suffer from the state education officials. Standardized tests cause schools to focus more or their instructional time on the test instead of focusing their teaching on the other skills students need to succeed in life. This test preparation even removes any chance of students being able to broaden their horizons with other supplementary education since test preparation commonly involves memorizing the same facts or knowledge. Standardized tests are an abomination to a student’s intelligence, teachers’ creativity, and school districts’ productivity.

Tuesday, November 12, 2019

International Student Essay

Nowadays , Education play an important role in our life . However , there are some countries which have poor education , poor teaching and learning strategies . Actually , Those students will go to higher education institutions country . It calls ‘’ International Students ‘’ . More importantly , United Kingdom is the most famous about education . The term ‘’ international students ‘’ is taken here to mean those students who have been educated in a national education system outside the UK and who on the whole are likely to be non-native speakers of English . There is a real story in the UK ‘’ Nicos Story’’ http://www.economicsnetwork. ac. uk/showcase/bamford_international Nicos was a postgraduate student at the Business School. He was diligent and conscientious and achieved good marks on his MA programme. He was expected to gain an overall distinction grade. He had excellent English language skills. An excerpt from Nicos’ email: ‘I really wanted to finish my dissertation by September so that I would not have to go back to London again, but I broke down, I suddenly felt that I could not do it. I was going crazy and could not write a word anymore. I would stand in front of the computer for hours just writing a paragraph. So on Sunday I left and came to Greece. Today I went to the airport for the flight back, so that I could see you in the morning but as soon as I had to leave my parents and go to the boarding gate, I freezed and panicked. I could not picture myself alone again in the same places for even an hour. The last few days I have started feeling a human being again. I can talk with people and they are people who care about me, I go out with friends for coffee and I want to cry. The first morning I woke up, I started crying because my mother had washed my bag, someone had done something for me. ‘ Common diffiuculties for International students. According to this story , there are clearly challenges for international students studying at higher education institutions in the UK . As University City London adds that major problems for International students They go on to say that culture shock . ‘’ As well as having to cope with a new institution and educational environment, international students are having to adjust to a different national culture with often unfamiliar social customs and conventions. They may become very homesick. Where English is not the first language, having to converse with strangers all the time in a foreign language is a strain. Some women students come from cultures where they have had a sheltered life and spent little time on their own or in the company of males outside their family. They may be vulnerable in certain social situations or upset by conventions that they do not understand ‘’. Secondly , ‘’ Students for whom English is a second language may struggle with their courses, International students are often under considerable pressure to succeed academically and their expectations of themselves may be unrealistic. The transition to a different educational system and new approaches to study is often more challenging than to home students. For example, students from abroad are sometimes unaccustomed to active learning situations, such as participating in discussion and working on a team project. They may have had a much more formal relationship with their teachers and thus be less inclined than home students to seek help from their personal tutors ‘’ Thirdly, ‘’ The number of students experiencing financial difficulties has increased significantly in recent years and is likely to continue doing so. Some students are more or less permanently hard up; others create short-term difficulties for themselves by managing their money badly . It is expensive to come to university ‘’. More exactly , According to J. K Bamford ( 2008 ) ,’’ The first of the these challenges concerns English language ability, or rather consideration of the fact that many international students are non-native speakers of English. This has two aspects to it. Firstly, there is a minimum language requirement for entry for all overseas students and secondly, even if students have more than met this entry requirement they may not be familiar with technical terminology for a specialist subject area. For some students who have only just met the criterion for language, studying in English particularly at Masters level can prove onerous and stressful. In this case study this aspect of language ability , that is those students who had just met the language entry requirement, covered half of the students and the levels of independent study required at a very early stage of the course caused a lot of stress. Secondly, there are those that are confident in their language ability and who feel that language support classes do not meet their needs as the classes are too generic and what they are seeking is further explanation of specialised terminology, little time is spent in addressing the more specialist support required by these students. As a consequence, there is frustration expressed by these students as lecturers can mistake their lack of knowledge regarding technical or even political or cultural terminology as the students having difficulties with language, which is not the case. In addition the students have different levels of English, which can hinder the educational experience of the whole group. One student commented in a focus group that ‘there are some people who come from different backgrounds – I don’t know enough about how people are taught in China but we have different levels of English and different backgrounds – some people just receive and not give’. Not speaking up in class can also make it difficult for tutors to gain a clear picture of the levels of English language ability and the understanding of the students. ’’ The second issue is that of the social and cultural adjustments of the students. Volet and Ang (1998) comment that ‘tertiary institutions have a social responsibility to design learning  environments which foster students’ developments on intercultural adaptability’ (1998:21) While students did not feel that a lack of social and cultural knowledge of the UK had affected their ability to study, there was a feeling that lecturers should incorporate the knowledge of the students’ native cultures into their class discussion as this could benefit everyone. Class contribution can also be a traumatic experience but this can be facilitated by tutors who make the students feel more comfortable in discussing subjects with other students that they don’t know. The importance of class interaction for overseas students is reinforced by Jackson (2003) who comments on the necessity for building a ‘considerable rapport’ with the group. This rapport is seen as one of the most effective learning and teaching techniques for overseas students. As De Vita (2001) observes, different discourse styles create tensions that affect a students’ performance. Groupwork may also be an issue and the cultural diversity of groups requires students to use intercultural skills which require training. Understanding the International Student Experience. Moreover , Catherine Montgomery ( 2010 )has written a clear, small study of international students at one UK university, how they network and how they change. Its value lies in the depth of insight into student thinking. She has not drawn her conclusions from a one-off survey, which is the main research tool used to study international students. In surveys of students from non-English-speaking backgrounds, the prior assumptions of the researcher define the issues and pre-set the potential for discovery, the voices of the students are muted and anything different or unexpected is screened out in advance. In contrast, after a tour through part of the literature, Montgomery uses participant observation of the daily lives of seven networked students from China, India, Nepal, Indonesia, Italy and the Netherlands over a period of six months. The resulting picture challenges conventional thinking about international students. International students are often typecast as slow learners with poor English, limited class-participation skills, inability to think critically and a dodgy approach to referencing. In short, they are in learning deficit – if not social deficit. It is no wonder they are studying abroad, goes the thinking, because their home systems are of a poor standard. They badly need our help. Montgomery turns all of this on its head. Her students are mature, curious and quick to respond and to learn. They are high achievers – and a couple are truly exceptional within their milieu. After an initial period of academic adjustment, they learn to intervene and they power past the locals. They are conspicuously better motivated, focused and more aware of the benefits of higher education. These students are studying in an English-speaking country not because its culture is intrinsically superior but because English is the global language of business, professions and knowledge. They do not need to abandon the educational backgrounds and cultural identities that they brought to the UK, but they are eager to layer new learning and new identities on top. The effects of being a foreign student ‘’ Usually becoming a foreign student in order to study in another city can change your life in many aspects. Living in a city far away from home can bring many consequences and effects which almost always change a student’s form of life. When I became a foreign student, many things changed or had to change. You do not live with your family, so usually you have to learn how to live in harmony with others, how to do things by yourself, how to move to other places, etc. Being a foreign makes you learn a lot of things, but at the beginning it can be somewhat difficult, as it happened to me. That is why the purpose of this paper is to discuss the three main effects of being a foreign student. The main effect and the one that affects you most is the fact that you do not live with your parents and in your house, which means that you will not enjoy its commodities. It was so good when your mom cooked for you, and when the house maid used to make your bed. Your dad took you to school, and when classes finished, you returned to your room and made yourself completely comfortable. But becoming a foreign student implies that you will live in a dormitory or that you will rent an apartment . Usually you have to take care of dirty dishes, messy rooms, and cooking. This means you have to learn many new things, like how to cook several dishes. In a few words, you have to learn how to be independent. Another effect is that you have to find your way around the city, so you have to know the main parts of the city. If you have a car, it may be easier to explore the city. You can just get lost and see where each street takes you, and then find a way back home. But if you don’t have a car, you need to learn how to get around by walking, in buses, or with taxis. For this you may find out about bus routes or find out how much costs to use taxis, and in this way you can plan the time it will take you to get from your house to school, for example. This will force you to plan your time better, and maybe you will have less available time along the day. This may decrease the time you have to make homework or to hang out with your friends, for example. But over time, you learn how to plan your activities in a better way. A foreign student may also find himself feeling somewhat lonely, since arriving in a new city means you don’t know anyone. You may be lucky if another friend from your city comes with, but usually you are alone. It is important to start meeting people and making friends. In this way it will be much easier to get used to being a foreign student. You will have new people with who to hang with, with whom to go to parties. Besides you won’t have to be quiet all the time in classes like when you don’t know someone. Sometimes friends can also help you in a lot of situations, like when you have problems about running out of money, when you need to go to your house quickly but you don’t have a car, or when you need to get something that is not easily found. But most of all, with friends you can have a great time and learn a lot of things. Leaving your house and going to another city to study is an experience in your life that cannot be compared to any other experience in your life. You learn how to be independent, and you get to meet tons of people. It may be somewhat difficult to live without your parents and in another city, but this makes you learn how to live your life better and how to appreciate what you have, like your parents and your belongings. Besides, you get to appreciate the things you achieve during your life because you learn that your goals are not achieved easily, but that they cost a lot of work and effort. In conclusion, being a foreign student is great! ‘’

Sunday, November 10, 2019

Microeconomics

Question 1) With examples give 5 reasons why the study of microeconomics is important. Microeconomics is a field of economic study that focuses on how an individual's behaviour and decisions affect the supply and demand for goods and services. For the purpose of microeconomics, the actions of individuals, households and businesses are crucial, unlike the study of macroeconomics, which focuses on national and international economic trends. Despite the differences between the two fields, however, micro-level trends and the study of microeconomics are considered the basis of modern macroeconomics.Macroeconomics is concerned with the big picture, for example, the national economy and gross domestic product. By contrast, microeconomics is concerned with the small picture and focuses on theories of supply and demand. Firstly, microeconomics is very important in business, especially when it comes to a new business. Entrepreneurs create businesses by purchasing and utilizing factors of produ ction. In order to estimate the potential return on investment (ROI) of those factors of production, entrepreneurs must have a basic knowledge of microeconomic concepts such as supply, demand, cost and profit.Without the basics of microeconomics, it is impossible to know how much a particular good can be sold for in a particular area. Furthermore, without microeconomic basics on costs and earnings, it is impossible to estimate ROI, thus will lead to poor financial investments. Microeconomics is very useful in business decision making. It helps business to achieve maximum production with the given amount of resources. Business firms can make decisions in demand analysis, cost analysis and methods of calculating prices.Second, marketing people must have a basic understanding of microeconomics so that they can set prices for products and decide in which markets to sell those products. For example, with an understanding of microeconomics, a computer company marketing manager can advise the CEO to start allowing instalment payments in case of an economic downturn, thus recovering business from customers hit hard by the recession. A marketing manager without a sense of economics might not realize that such options are available. Third, microeconomics is important when it comes to management.Managers must understand the concept of return on investment (ROI) when setting salaries for new hires, as employees are supposed to generate profits for the company. Managers must also have an understanding of microeconomics when making general budget decisions. A project shouldn't be given a budget that exceeds what the project is expected to produce in future earnings. These kinds of decisions are based on the microeconomic concepts of cost, revenue and profit. Fourth, Finance and Accounting also requires the understandings of microeconomics.Finance people probably use microeconomics more than anyone else in business. Financial analysts use microeconomic and macroeconomic theo ries in order to forecast the future value of financial assets. For example, gold, stocks, bonds and other investments. A securities analyst might use microeconomic data to determine the change in income of people in a given country, then use the microeconomic concept of â€Å"price elasticity of demand† for the responsiveness of consumer demand to changes in consumer income and to determine whether the price of a given asset will rise or fall in that country.Accountants use financial ratios that are derived from microeconomics. Lastly, the understanding of microeconomic is needed to provide tools for economic policies. Microeconomic helps to impose tax rates by analyzing the demand and supply factors. It also helps to determine the government policies on the resource allocation and pricing. Government also make policies to control the prices of goods by using the theory of price ceiling and price floor. By understanding microeconomics, we can examine the implications and eff ectiveness of the government policies. Question 2) Define â€Å"ceteris paribus â€Å".Explain why the device of ceteris paribus is so important in economics. Ceteris Paribus is a Latin phrase that translates approximately to â€Å"holding other things constant† and is usually rendered in English as â€Å"all other things being equal†. In Economics the term â€Å"Ceteris Paribus† is used quite often to assume all other factors to remain the same, while analysing the relationship between any two variables. For example, when discussing the laws of supply and demand, one could say that if demand for a given product outweighs supply, ceteris paribus, prices will rise.Here, the use of â€Å"ceteris paribus† is simply saying that as long as all other factors that could affect the outcome such as the existence of a substitute product remain constant, prices will increase in this situation. One of the disciplines in which ceteris paribus are most widely used is economics, in which they are employed to simplify the formulation and description of economic outcomes and the theoretical relationship of cause and effect. When using ceteris paribus in economics, assume all other variables except those under immediate consideration are held constant.For example, it can be predicted that if the price of beef increases, ceteris paribus, the quantity of beef demanded by buyers will decrease. In this example, the clause is used to operationally describe everything surrounding the relationship between both the price and the quantity demanded of an ordinary good. This operational description intentionally ignores both known and unknown factors that may also influence the relationship between price and quantity demanded, and thus to assume ceteris paribus is to assume away any interference with the given example.Such factors that would be intentionally ignored include the relative change in price of substitute goods like the price of beef vs. chicken, t he level of risk dislikes among buyers like the fear of mad cow disease, and the level of overall demand for a good regardless of its current price level like a societal shift toward vegetarianism. If we try to establish the relationship between demand and price, there may be other variables which may also influence demand besides price. The influence of other factors may invalidate the hypothesis that quantity demanded of a commodity is inversely related to its price.If rise in price takes place along with an increasing in income or a change technology, then the effect of price change may not be the same. However, the assumption that the other variables are unchanged will eliminate the interrupting influences of other variables. Ceteris Paribus is important in economics as it is an assumption which we are bound to make when there are complexities in the reality. It is necessary for the sake of convenience. The limitations of human intelligence and capacity compel us to make this as sumption.Besides, without the assumption we cannot reach on economic relations, sequences and conclusions. In fact, there are large numbers of variables interacting simultaneously at a given time. If our analysis has to be accurate we may have to examine two variables at a time which makes it inevitable to assume other variables to remain unchanged. For the ceteris paribus assumption, let’s take for example by assuming an economist examines a model explaining the relationship between the price and quantity purchased of Coca-Cola. The theory is â€Å"if the price increases, then the quantity of Coca-Cola decreases, ceteris paribus. Now assume the process of Coca-Cola was observed to increased one summer and some people actually bought more, not less. Based on this real-world observation, you would declare the theory is wrong but actually the economist responds that this is a reasoning pitfall because the model is valid based on the assumption of ceteris paribus, and your obse rvation gives no reason to reject the model. The reason the model appeared flawed is because another factor which is a sharp rise in the temperature. The rise in temperature caused people to buy more Coca-Cola in spite of its higher price.If the temperature and all other factors were held constant as the price of Coca-Cola rises, then people indeed would buy less Coca-Cola, as the model predicts. Therefore, the assumption that the other variables are unchanged will eliminate the interrupting influences of other variables. As a conclusion, ceteris paribus is important as it enhances our understandings towards the theoretical relationship of cause and effect as we can analyse the relationship between two variable without having any other variable influencing the results.The assumption of Ceteris Paribus eliminates the influence of other factors which may get in the way of establishing a scientific statement regarding the behaviour of economic variables. References Question 1 reference : Importance of microeconomics, http://www. slideshare. net/tribhuwan64/presentation-on-importance-of-microecon omics Importance of microeconomics, http://www. ehow. com/info_8301181_importance-microeconomics-business. html Question 2 reference: Microeconomics for Today, books. google. com. my/books? isbn=0538469447 Basic Tools in Economics, http://wikieducator. org/Basic_Tools_in_Economic_Analysis Microeconomics Question 1) With examples give 5 reasons why the study of microeconomics is important. Microeconomics is a field of economic study that focuses on how an individual's behaviour and decisions affect the supply and demand for goods and services. For the purpose of microeconomics, the actions of individuals, households and businesses are crucial, unlike the study of macroeconomics, which focuses on national and international economic trends. Despite the differences between the two fields, however, micro-level trends and the study of microeconomics are considered the basis of modern macroeconomics.Macroeconomics is concerned with the big picture, for example, the national economy and gross domestic product. By contrast, microeconomics is concerned with the small picture and focuses on theories of supply and demand. Firstly, microeconomics is very important in business, especially when it comes to a new business. Entrepreneurs create businesses by purchasing and utilizing factors of produ ction. In order to estimate the potential return on investment (ROI) of those factors of production, entrepreneurs must have a basic knowledge of microeconomic concepts such as supply, demand, cost and profit.Without the basics of microeconomics, it is impossible to know how much a particular good can be sold for in a particular area. Furthermore, without microeconomic basics on costs and earnings, it is impossible to estimate ROI, thus will lead to poor financial investments. Microeconomics is very useful in business decision making. It helps business to achieve maximum production with the given amount of resources. Business firms can make decisions in demand analysis, cost analysis and methods of calculating prices.Second, marketing people must have a basic understanding of microeconomics so that they can set prices for products and decide in which markets to sell those products. For example, with an understanding of microeconomics, a computer company marketing manager can advise the CEO to start allowing instalment payments in case of an economic downturn, thus recovering business from customers hit hard by the recession. A marketing manager without a sense of economics might not realize that such options are available. Third, microeconomics is important when it comes to management.Managers must understand the concept of return on investment (ROI) when setting salaries for new hires, as employees are supposed to generate profits for the company. Managers must also have an understanding of microeconomics when making general budget decisions. A project shouldn't be given a budget that exceeds what the project is expected to produce in future earnings. These kinds of decisions are based on the microeconomic concepts of cost, revenue and profit. Fourth, Finance and Accounting also requires the understandings of microeconomics.Finance people probably use microeconomics more than anyone else in business. Financial analysts use microeconomic and macroeconomic theo ries in order to forecast the future value of financial assets. For example, gold, stocks, bonds and other investments. A securities analyst might use microeconomic data to determine the change in income of people in a given country, then use the microeconomic concept of â€Å"price elasticity of demand† for the responsiveness of consumer demand to changes in consumer income and to determine whether the price of a given asset will rise or fall in that country.Accountants use financial ratios that are derived from microeconomics. Lastly, the understanding of microeconomic is needed to provide tools for economic policies. Microeconomic helps to impose tax rates by analyzing the demand and supply factors. It also helps to determine the government policies on the resource allocation and pricing. Government also make policies to control the prices of goods by using the theory of price ceiling and price floor. By understanding microeconomics, we can examine the implications and eff ectiveness of the government policies. Question 2) Define â€Å"ceteris paribus â€Å".Explain why the device of ceteris paribus is so important in economics. Ceteris Paribus is a Latin phrase that translates approximately to â€Å"holding other things constant† and is usually rendered in English as â€Å"all other things being equal†. In Economics the term â€Å"Ceteris Paribus† is used quite often to assume all other factors to remain the same, while analysing the relationship between any two variables. For example, when discussing the laws of supply and demand, one could say that if demand for a given product outweighs supply, ceteris paribus, prices will rise.Here, the use of â€Å"ceteris paribus† is simply saying that as long as all other factors that could affect the outcome such as the existence of a substitute product remain constant, prices will increase in this situation. One of the disciplines in which ceteris paribus are most widely used is economics, in which they are employed to simplify the formulation and description of economic outcomes and the theoretical relationship of cause and effect. When using ceteris paribus in economics, assume all other variables except those under immediate consideration are held constant.For example, it can be predicted that if the price of beef increases, ceteris paribus, the quantity of beef demanded by buyers will decrease. In this example, the clause is used to operationally describe everything surrounding the relationship between both the price and the quantity demanded of an ordinary good. This operational description intentionally ignores both known and unknown factors that may also influence the relationship between price and quantity demanded, and thus to assume ceteris paribus is to assume away any interference with the given example.Such factors that would be intentionally ignored include the relative change in price of substitute goods like the price of beef vs. chicken, t he level of risk dislikes among buyers like the fear of mad cow disease, and the level of overall demand for a good regardless of its current price level like a societal shift toward vegetarianism. If we try to establish the relationship between demand and price, there may be other variables which may also influence demand besides price. The influence of other factors may invalidate the hypothesis that quantity demanded of a commodity is inversely related to its price.If rise in price takes place along with an increasing in income or a change technology, then the effect of price change may not be the same. However, the assumption that the other variables are unchanged will eliminate the interrupting influences of other variables. Ceteris Paribus is important in economics as it is an assumption which we are bound to make when there are complexities in the reality. It is necessary for the sake of convenience. The limitations of human intelligence and capacity compel us to make this as sumption.Besides, without the assumption we cannot reach on economic relations, sequences and conclusions. In fact, there are large numbers of variables interacting simultaneously at a given time. If our analysis has to be accurate we may have to examine two variables at a time which makes it inevitable to assume other variables to remain unchanged. For the ceteris paribus assumption, let’s take for example by assuming an economist examines a model explaining the relationship between the price and quantity purchased of Coca-Cola. The theory is â€Å"if the price increases, then the quantity of Coca-Cola decreases, ceteris paribus. Now assume the process of Coca-Cola was observed to increased one summer and some people actually bought more, not less. Based on this real-world observation, you would declare the theory is wrong but actually the economist responds that this is a reasoning pitfall because the model is valid based on the assumption of ceteris paribus, and your obse rvation gives no reason to reject the model. The reason the model appeared flawed is because another factor which is a sharp rise in the temperature. The rise in temperature caused people to buy more Coca-Cola in spite of its higher price.If the temperature and all other factors were held constant as the price of Coca-Cola rises, then people indeed would buy less Coca-Cola, as the model predicts. Therefore, the assumption that the other variables are unchanged will eliminate the interrupting influences of other variables. As a conclusion, ceteris paribus is important as it enhances our understandings towards the theoretical relationship of cause and effect as we can analyse the relationship between two variable without having any other variable influencing the results.The assumption of Ceteris Paribus eliminates the influence of other factors which may get in the way of establishing a scientific statement regarding the behaviour of economic variables. References Question 1 reference : Importance of microeconomics, http://www. slideshare. net/tribhuwan64/presentation-on-importance-of-microecon omics Importance of microeconomics, http://www. ehow. com/info_8301181_importance-microeconomics-business. html Question 2 reference: Microeconomics for Today, books. google. com. my/books? isbn=0538469447 Basic Tools in Economics, http://wikieducator. org/Basic_Tools_in_Economic_Analysis

Thursday, November 7, 2019

Spectrophotometer Lab Report Essays

Spectrophotometer Lab Report Essays Spectrophotometer Lab Report Paper Spectrophotometer Lab Report Paper 2014). Thus stockroom c, based on this concept of spectrophotometer, peak absorbency was found to be at Mann (table. ). Thus this particular wavelength was chosen to measure the concentration of the unknown city c sample. For the second phase of the lab, it illustrated the direct association between the concentration of particles in a solution and the amount of light that could pass through. This is in accordance to Beers Law which states that the absorbency of a species at a particular wavelength of electromagnetic radiation, is proportional to the concentration of the absorbing species(F. Schneider. ,2013) From figure 2 above, the graph shows a straight line, which illustrates the direct proportionality f concentration vs.. Absorbency, whereby increasing concentration of analyze also increases its absorbency. Thus the sample obeys the Beer-Lambert Law. For the third phase of the lab, applying the principles of Beers Law and the concept of spectrophotometer.

Tuesday, November 5, 2019

January Holidays Printables

January Holidays Printables January is often the time when cabin fever sets in. After the festive holiday season, the cold, bleak days of winter can seem to stretch infinitely before us. Keep the holiday spirit alive by celebrating a holiday or special day every day in January. Youre likely familiar with many of these holidays and famous firsts However, youre sure to discover some quirky celebrations and not-so-famous firsts in this list that provides something fun for every day of the month. January 1: Start the year off right by celebrating the start of a fresh new year with these  New Years Printables. Will you make any resolutions?   Did you know that the first day of January is  Betsy Rosss Birthday? Spend some time learning about this famous American  woman who may or may not have made the first American flag.   January 2: On January 2, 1788, the state of Georgia ratified the Constitution of the United States. Celebrate by learning more about Georgia. It was also on this date in 1974, that President Nixon signed a national speed limit into law. January 3: Its National Drinking Straw Day! The drinking straw was first patented on January 3, 1888. In 1959, Alaska was admitted as a state. Learn more about the state and celebrate  Alaska Admission .Day. January 4:  Sir Isaac Newton was born on January 4, 1643. One of this scientists biggest contributions to the field was Newtons Laws of Motion. January 5:  January 5 is  National Bird Day. Learn about the birds in your area. Make a simple homemade bird feeder by coating a pine cone with peanut butter and rolling it in bird seed. Hang the cone from a nearby tree branch and see what kind of birds it attracts. January 6:  New Mexico  became a state on this day in history in the year 1912. Its also the date that George  Washington  and his wife Martha were married in 1759. January 7: The  first U.S. Presidential Election  was held on this date in 1789. George Washington was elected the first President of the United States. His opponent, John Adams, became his vice president. January 8: Eli Whitney, inventor of the cotton gin, died on this day in history 1825. Learn more about this famous inventor whose invention revolutionized cotton production in the United States. Its also National Clean-Off-Your-Desk Day, so celebrate by tossing that junk! January 9: There are two quirky holidays today,  National Static Electricity Day and  National Apricot Day. Try an interesting static electricity experiment like bending water with static electricity or making a dancing ghost. January 10: January 10th is  Volunteer Firemans Day and Bittersweet Chocolate Day. Celebrate by learning about one of Americas favorite sweet treats with free printables about chocolate. Then, take some chocolate goodies to your neighborhood volunteer fire department. January 11: On January 11, 1973, baseballs American League adopted the designated hitter rule. Its also National Milk Day, so enjoy a tall glass of milk while you brush up on facts  about baseball. January 12: The first x-rays were taken in the United States on January 12, 1896. It was also on this date in 1777 that the  Santa Clara Mission  was founded. January 13: James Oglethorpe arrived in the New World in January 13, 1733. In 1942, during World War II, German pilot Helmut Schenck  made the first successful use of the ejection seat. January 14: On January 14, you can celebrate Bald Eagle Day or national holidays such as Hot Pastrami Sandwich Day and Dress Up Your Pet Day. January 15: Martin Luther King, Jr. was born on January 15, 1929. His birthday became a federal holiday on November 3, 1983, It is celebrated every year on the third Monday in January.  Ã‚   The date is also  National Hat Day and  National Strawberry Ice Cream Day. January 16:  John C. Fremont   was appointed Governor of California  on this date in 1847. In 1870, Virginia became the first state readmitted to the Union after the Civil War. January 17: Michelle Obama, wife of the United States 44th president, Barack Obama, was born on this date, as was U.S. Founding Father,  Benjamin Franklin. January 18: The New York Metropolitan Opera House held its first jazz concert in 1944. Learn about jazz instruments and other musical instruments today. On this date in 1778,  Captain James Cook discovered the Hawaiian Islands. January 19: Today is  National Popcorn Day  and  Archery Day. Its also the day that Edgar Allan Poe was born in 1809. January 20: Today is  Penguin Awareness Day  and  Basketball Day. January 21:  Civil War leader, Thomas Stonewall Jackson was born on this date in 1824. Its also  Granola Bar Day,  Squirrel Appreciation Day, and National Hugging Day. January 22: On this date in 1997, Lottie Williams of Tulsa, Oklahoma became the first person to be hit by space debris. Commemorate the day by learning about the solar system. January 23: Today is  National Pie Day and  Handwriting Day. Bake your favorite pie and practice your handwriting by writing a letter to a friend or relative. January 24: Gold was discovered in  California  on this date in 1848. Its also  National Peanut Butter Day. January 25: On this date in history, 1924, the first  Winter Olympics  games were  held. January 26: Michigan was admitted to the Union on this date in 1837. Its also Australia Day, the official National Day of the country. January 27:   Today is National Geographic Day and Chocolate Cake Day. Thomas Edison patented the light bulb on this day in 1880. January 28: Today is  National Blueberry Pancake Day and  National Kazoo Day. Enjoy some pancakes and make your own kazoo-style instrument.   January 29: On this date in 1861,  Kansas  became the 34th state of the United States. The ice cream rolling machine was patented in 1924. Its also  Carnation Day and  National Puzzle Day. January 30: January 30th is  National Croissant Day and the birth date of U.S. President,  Franklin D Roosevelt. January 31:  Jackie Robinson was born on this date in  1919. Have fun learning about Americas favorite pastime, baseball. If youre looking for more educational ideas for the month, try some fun January writing prompts.

Sunday, November 3, 2019

HSBC is the world's local bank Essay Example | Topics and Well Written Essays - 3500 words

HSBC is the world's local bank - Essay Example Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities. HSBC starts offering its e-banking since several years ago among other pioneers in banking services such as Citibank. Firstly, with regardless of absolute convenience of using online services, many existing clients of HSBC treated with suspicious, but later lots of customers started using it. Besides e-banking helped HSBC to attract new customers, who were pleased of arrange for different payments via Internet, mobiles etc. HSBC specialists analysed, and then approved, that remote e-banking operations were cheaper comparing with using classic method with bank clerks' client servicing at the bank's branches. Surely, reliable and fast-acting e-bank system costs rather expensive, and should be constantly upgraded to reflect the new services, security requirements, the possibility of servicing growing customers' data base. But nevertheless it became bore profitable and allowed customers to have full secure access to their personal accounts. The work entitled: "European Online Banking Strategies" published by Business Insights (2006) states that "eBanking is viewed as a 'must have' by retail banks across Europe. The need to keep up with competitors, retain existing customers and attract new ones has drive the market forward." (Business Insights, 2006) Figure 1 - Total Internet Banking Customers as a Proportion of Retail Banking Population Source: Business Insights (2006) The Business Insights Report 2006 states that: "Overall Internet banking customers will grow from 2% of the European retail banking population in 1999 to 9% in 2004" (Business Insights, 2006) Figure 2 - European e-learning IT expenditures 1999 & 2004 Source: Business Insights (2006) Further related by the Business Insights (2006) report is that: "European eBanking IT expenditure will grow from $302m in 1999 to almost $1.4bn in 2004 a CAGR of 30.9%. The most significant country market in terms of eBanking expenditure in 1999 was the UK which accounted for 27.3% of expenditure." (Business Insights, 2006) Figure 3 - Growth of European ITV Banking Users, 1999-2004 Source: Business Insights (2006) Business Insights also reveals in its report that: "As premium becomes more established, the demand for increasingly indulgent and sensory tastes will become a more important driver, while income-related factors will decline in importance. (Business Insights, 2006) Figure 4 - European e-baking IT expenditures, by project type Source: Business Insights (2006) Finally related by the Business Insights Report (2006) is the fact that: "A key element of expenditure on developing full banking services was the integration of additional lines of business to allow online application, authorization and management. For example online approval in principle for loans, mortgages and

Thursday, October 31, 2019

New Product Development is the Key to Apple's Marketing Success Coursework - 1

New Product Development is the Key to Apple's Marketing Success - Coursework Example One of the most innovative products of Apple was iPhone which was considered as one of the best-selling products. The business operations of Apple are expanded in almost all geographical nations (Apple Inc, 2012). Apple’s Strategies Apple seeks to apply its idea of being a digital heart in the field of electronic products because customers demand stylish and cohesive digital devices. Apple always attempts to distinguish itself from other brands so that it can put premium rates on their products. The business strategy for Apple is to find the accurate equilibrium between customer satisfactions and cost because this blend is vital for raising the product price for customers and thereby increasing profitability. In the consumer electronics market, Apple is known for premium price products because it invests huge amount of funds on new product development and innovation activities. The product differentiation is a major competitive strength for Apple as it can successfully increas e the perceived value of its products and help to generate more revenue in spite of premium cost (Iiiev & et. al, 2004). Quality products and innovation through wide practise of research and development (R&D) is the other key reason behind the success of Apple in the market. The main objective of Apple is to expand its customer base (Iiiev & et. al, 2004). Product Portfolio of Apple Traditionally, Apple manufactured and developed software applications and computer products; however, after the introduction of iPod as one of the preferable MP3 players for people, several new product lines have been included in product portfolio of Apple. The old and new product portfolios of Apple are described in following table: Product Portfolio Product Lines Software and Computer iOS, Mac Operating System, Professional and Business Application Programmes, Personal Computer Hardware Products Desktop Computer, Laptop Computer, iMac, Mac Pro, Mac Mini, iBook iPhone Mobile Phones, iPods, Digital Devic es, iPads iTunes Music, Applications, Bookstore iCloud Cloud Services Application Software iLife, iWork Display and other Fringe Products Printers, Storage Devices, Digital Cameras, Apple TV Source: (EDGAR Online, 2011). People Apple has a bureaucratic organisational structure where CEO is in the top position of hierarchy. The CEO and Vice Presidents gather reports about company’s business operations from both line and staff managers. Apple is highly dependent on manufacturing representatives on whom it has no direct influence. The positions of Apple in the organisational hierarchy are described below: Source: (Apple Inc., 2012). New Product Development New product development is all about introducing new product in any industry. It is a process for developing a product in order to certify progress or survival in the market. The aim of new product development is to strengthen or transform the strategic direction. An effective new product can help an organisation to add a new product line under the product portfolio (Takeuchi & Nonaka, 1986). Reasons for Launching New Product in the Market Developing new product signifies relocating or

Tuesday, October 29, 2019

Career Development in Nursing Essay Example | Topics and Well Written Essays - 1500 words

Career Development in Nursing - Essay Example Simultaneously, ICN also emphasizes encouraging researches and debates concerning women’s health related issues. ICN strongly believes that these strategies will bring a significant change in the women’s fundamental rights to health by creating awareness. Furthermore, ICN strictly discourages the trafficking and exploitation of women in their workplaces. In its position paper, ICN deciphers its concern about the health hazards witnessed by women populaces. To name a few, HIV syndrome, ill health or lack of nutrition during their pregnancy and inadequate awareness regarding health issues as well as their fundamental rights can be observed as the common challenges in case of women’s health. ICN also significantly focuses on the establishment and on the enforcement of effective legal steps to discourage the violence against women, which has been reported to increase at an alarming rate. ICN also urges governmental bodies and all other concerned parties emphasizing w omen’s health to generate awareness regarding human rights (International Council of Nurses, 2012). Importance of Women’s health Women population constitutes a significant proportion in the global demography. According to the position statement of ICN, it can be observed that the female populaces comprise 60% among every one billion Below Poverty Line (BPL) population in the global economies. Furthermore, it has been observed that every 960 million illiterate adults worldwide include two-third women. Again, every 130 million children who have been recorded to discontinue their education comprise 70% girls. Most of these women and girls are observed to belong from economically backward regions which illustrate a significant reason... This paper approves that the position statement put forward by ICN regarding women’s health in the global arena reveals various difficulties faced by them all around the world. The report depicts that women populaces worldwide, are intensely affected by the ways they are treated and the position that is rendered to them within the society. The report depicts that there are various causing factors which intend to contribute to the women’s health problems in the global society. Some of the major causing factors can be identified as unequal power distribution in the social context on the basis of gender, poverty and limited access to nursing facilities among others. In its position paper, ICN describes its various initiatives in the form of holding international agendas to develop strategies for the betterment of women’s health in the global arena and thereby securing their rights to freedom as well as well-being. This essay makes a conclusion that with reference to the above it can be observed that women, in the current day context, need to witness various challenges and suffer violent treatments from their surroundings which contribute towards deteriorating developments of the overall community. Contextually, there are various factors which tend to contribute to such issues. The most apparent reasons in relation to the declination of women’s health can be identified as poverty and lack of adequate awareness concerning their fundamental rights and health. It is worth mentioning in this regard that assuring women’s health must be considered with due significance as a means to ensure the prosperity of the entire community.

Sunday, October 27, 2019

Conflict Between Western And Islamic Civilizations

Conflict Between Western And Islamic Civilizations Introduction Historically, the conflict between western and Islamic civilizations persisted and 9/11 has widened the gap between western civilization and Islamic world, although the gap could have been closed due to multiculturalism that emerged in the late 20th century. The terror attacks on 9/11 caused severe casualties not only to the US but also to the relationships between average Americans and Arab Americans as well as they have changed the attitude of Americans to the Islamic world at large. Today, Americans tends to associate Arab Americans and the Arab world with terrorism and radical Islamism, which has nothing in common with the real situation in the Arab American community and the Arab world. Hence, the terror attacks on 9/11 have changed relationships between Americans and representatives of the Arab world both in and outside the US and this change has widen the gap between American culture and Arab/Islamic culture. In fact, the terror attacks on 9/11 gave new direction in the develo pment of Orientalism, which is now grounded on the juxtaposition of West and East and, as Said Edward states, shapes the cultural apparatus of Orientalism as a concept associated with aggression, activity, judgment, will-to-truth, and knowledge. Orientalism in the post-9/11 America is the view on Arab Americans and Arab world as hostile, aggressive, and uncontrollable. The relationship between West and East was traditionally the subject to heat debates between philosophers, sociologists, politicians, and other specialists, dealing with relationships between the two civilizations. In this regard, the contemporary relationships between West and East is one of the primary concerns of Said Edward, who develops the concept of Orientalism, which he believes to be a key to understanding of the East, Islamic world and the relationship between West and East. At this point, the question of ethnical prejudice and stereotypes has always been one of the most sharp in contemporary world. The Arabians focused severe mistreatment and misunderstanding. Historically, the conflict between western and Islamic civilizations persisted and 9/11 has widen the gap between western civilization and Islamic world, although the gap could have been closed due to multiculturalism that emerged in the late 20th century. The terror attacks on 9/11 caused severe casualties not only to the US but also to the relationships between average Americans and Arab Americans as well as they have changed the attitude of Americans to the Islamic world at large. Today, Americans tends to associate Arab Americans and the Arab world with terrorism and radical Islamism, which has nothing in common with the real situation in the Arab American community and the Arab world. Hence, the terror attacks on 9/11 have changed relationships between Americans and representatives of the Arab world both in and outside the US and this change has widen the gap between American culture and Arab/Islamic culture. In fact, the terror attacks on 9/11 gave new direction in the development of Orientalism, which is now grounded on the juxtaposition of West and East and, as Said Edward states, shapes the cultural apparatus of Orientalism as a concept associated with aggression, activity, judgment, will-to-truth, and knowledge. Orientalim in the post-9/11 America is the view on Arab Americans and Ara b world as hostile, aggressive, and uncontrollable. Edward Said was the one who deeply investigated this issue and tried to reveal what was the reason of this false perception and why do Western nations could not perceive the Arabian nation in different way. His outstanding work Orientalism, which was released in far 1978 perfectly explains and investigates the relations between the East and the West, as well the history of these prejudice formation. The author called Orientalism, the political doctrine, which mistreat, misunderstand, misinterpret and oppress the Orient (or the East), which is traditionally was referred to as weaker than the West: My contention is that Orientalism is fundamentally a political doctrine willed over the Orient because the Orient was weaker than the West, which elided the Orients difference with its weaknessà ¢Ã¢â€š ¬Ã‚ ¦ As a cultural apparatus Orientalism is all aggression, activity, judgment, will-to-truth, and knowledge (Said Edward, p. 204). The author investigated in detail the relations between th e Eastern and the Western nations, which actually caused such a treatment and made even the academic world of the West is confident about their superiority upon the East, which causes such relations. Personally Said was confident that Orientalism did not deal with misinterpretation: My whole point about this system is not that it is a misrepresentation of some Oriental essence in which I do not for a moment believe but that it operates as representations usually do, for a purpose, according to a tendency, in a specific historical, intellectual, and even economic setting (Said Edward, p. 273). Said is roughly against the spread of internationalized ideas of Orientalism spread and practiced by the Arab elite and having their roots in the UK and the United States. It would be important to note that the Arab nations has their own unique culture, which is actually in some parts is really in the confrontation with so called Orientalism imagery, created by the West. The author considers that this has not only negative impact on the relations between the nations, but on the nations themselves, in particular the Arab nation: The four elements I have described expansion, historical confrontation, sympathy, classification are the currents in eighteenth-century thought on whose presence the specific intellectual and institutional structures of modern Orientalism depend (Said Edward, p. 120). The oppression of the Eastern nations, Arab nation in particular started far earlier than the event 9/11 occurred and observing the present day situation from the different perspectives it would be essential to note that the splash of this confrontation was due the event of 9/11, which stressed the Arab and the Western world and sharpened the confrontation. Before 9/11 the relationships between West and East has deteriorated consistently because western countries, headed by the US, oppressed the Arab world. At this point, it is worth mentioning the fact that the development of the international relations before 9/11 was characterized by the growing tension between the US and its allies, on the one hand, and Arab and Muslim countries, on the other. As the matter of fact, terror attacks on 9/11 were, to a significant extent, determined by the negligence in relation to cultural norms and traditions as well as the socioeconomic situation and political development of Eastern countries. In this respect, Said Edward stands on the ground that the relationship between West and East were misbalanced. On extrapolating this idea on the international relations before and after 9/11, it is possible to estimate that 9/11 was an attempt of the Eastern, Islamic world to shatter the hegemony of the West in socioeconomic, political and cultural developmen t of the world. In fact, Western countries headed by the US strived to domination in the Middle East as well as in other regions, which traditionally attached to Islamic norms and traditions. In fact, the international relations before and after 9/11 were characterized by the dominating view on the international relations as the juxtaposition between West and the rest of the world. In this regard, Said Edward argues that the basic paradigm of West versus the rest (the cold war opposition reformulated) remained untouched, and this is what has persisted, often insidiously and implicitly, in discussion since the terrible events of September 11 (Said Edward, 118). What is meant here is the fact that the West contrasts itself to the rest of the world and people living in the West failed to view the world as a heterogeneous entity. Instead, they were accustomed to view the world from the western standpoint and they neglected other, alternative views. To put it in simple words, westerners had little idea of the East and they did not attempt to understand the East. Instead, they preferred to juxtapose to the East, develop confrontation against the East, and challenge the East just because it was different and it was not like the West. In this regard, Said Edward denies views of other specialists, who internalize problems of international relations. To put it more precisely, he is very skeptical about the idea that terror attacks occurred because of the internal development of Western and Eastern civilizations, which developed their own ideology, values and so on and eventually ended up in a clash, whereas 9/11 was just the mere manifestation of this clash between civilizations. In this respect, Said Edwards rejects views of researchers, who have much time to spare for the internal dynamics and plurality of every civilization, or for the fact that the major contest in most modern cultures concerns the definition or interpretation of each culture, or for the unattractiv e possibility that a great deal of demagogy and downright ignorance is involved in presuming to speak for a whole religion or civilization. No, the West is the West, and Islam Islam. (Said Edward, 118). He stands on the ground that the lack of mutual understanding and desire from the part of the West to understand the East, namely Islam and Muslim world led to the ongoing confrontation and the 9/11 terror attacks. At this point, it is worth mentioning the fact that before 9/11 the Muslim world experienced really hard times. The question of Western superiority was razed again. It goes without saying that Edward Said as the son of his nation could not stay indifferent to such a mistreatment and raised a discussion, trying to put things on their appropriate but never suitable places as the representatives of Western culture often do: Even the normally sober British weekly The Economist, in its issue of September 22-28, cant resist reaching for the vast generalization, praising Huntington extravagantly for his cruel and sweeping, but nonetheless acute observations about Islam. Today, the journal says with unseemly solemnity, Huntington writes that the worlds billion or so Muslims are convinced of the superiority of their culture, and obsessed with the inferiority of their power. Did he canvas 100 Indonesians, 200 Moroccans, 500 Egyptians and fifty Bosnians? Even if he did, what sort of sample is t hat? Uncountable are the editorials in every American and European newspaper and magazine of note adding to this vocabulary of gigantism and apocalypse, each use of which is plainly designed not to edify but to inflame the readers indignant passion as a member of the West, and what we need to do (Said Edward, 2001). The typical example of prejudice existing in the western society against Muslims and Islamic world can be revealed easily in the works written by Said Edward: This is the problem with unedifying labels like Islam and the West: They mislead and confuse the mind, which is trying to make sense of a disorderly reality that wont be pigeonholed or strapped down as easily as all that. I remember interrupting a man who, after a lecture I had given at a West Bank university in 1994, rose from the audience and started to attack my ideas as Western, as opposed to the strict Islamic ones he espoused. Why are you wearing a suit and tie? was the first retort that came to mind. Theyre Western too. He sat down with an embarrassed smile on his face, but I recalled the incident when information on the September 11 terrorists started to come in: how they had mastered all the technical details required to inflict their homicidal evil on the World Trade Center, the Pentagon and the aircraft they had comm andeered. Where does one draw the line between Western technology and, as Berlusconi declared, Islams inability to be a part of modernity? (Said Edward, 2001). These social boundaries raise a number of issues and the intensive desire to overcome them could not really help. That is why it is not actually surprising that Edward Said devoted so huge attention to the national and ethnic identity and defeated the facts that are the roots and the same time illustrative examples of these prejudice. Within this short passage the author described typical situation, when he was criticized by a so called pro-Western individual. Said Edward stands on the ground that representatives of the Islamic world face these prejudice from the very beginning till the end of their lives. The facts Edward Said uses for his research perfectly identify that the division on East and West is really lack of proved and well grounded pure facts. The only grounds for such an attitude and sharpening the destructive Orientalism are prejudice and stereotypes, which are actually nothing more than a myth. Taking into consideration the poll data it would be important to focus on the fact that the poll held Scripps Survey Research Center at Ohio University revealed that two thirds of the Americans consider that the government structures were well aware about the threat and had certain data, which could assist prevention of the terroristic acts but did not used this information. It goes without saying that two thirds of the Americans who support such point of view are potentially disregard Orientalism based prejudice and stereotypes dealing with the representative of the Arab nations, hence there is left one third, which would not stay indifferent. Edward Said was the one, who considered the occupation of Afghanistan and Iraq to be illegal, as this act is not better than terrorist attack and may be even worse, as it violates the norms of international law dealing with sovereignty of the state: The suicide bombing phenomenon has appeared with all its hideous damage, none more lurid and ap ocalyptic of course than the events of September 11 2001 and their aftermath in the wars against Afghanistan and Iraq. As I write these lines, the illegal occupation of Iraq by Britain and the United States proceeds. Its aftermath is truly awful to contemplate. This is all part of what is supposed to be a clash of civilisations, unending, implacable, irremediable. Nevertheless, I think not. I wish I could say that general understanding of the Middle East, the Arabs and Islam in the US has improved, butalas, it really hasnt. For all kinds of reasons, the situation in Europe seems to be considerably better (Said Edward, p. 3). The fact is that the representatives of Western civilizations sometimes act even worse than terrorists. American and British Armies killed thousands of civilian Arabians, children, they violated the rights of people and were even condemned by the international society. Therefore, Said Edward is right, when he argues that the lack of understanding of the Islamic world provoked the confrontation, whereas the traditional opposition the West v. the rest of the world, could hardly lead to any other outcome but the bloody clash between the West and the East, which occurred on 9/11. In fact, Eastern, Islamic countries attempted to oppose to the growing pressure from the part of the US. Their vision of international relations differed consistently from the vision imposed on the world by the US. For instance, Islamic countries had a different view on the solution of Israeli-Palestinian conflict. Eastern countries, such as Iraq, Iran and Afghanistan have chosen their own way of development, which was different from the western way of development. In such a way, Eastern countries have different position in international policies but the West, headed by the US, ignored the position of Eastern countries. At this point, it is important to place emphasis on the fact that the US was and still is the only superpower in the world and Eastern countries could not oppose or resist to the US, even if they united their efforts. They could not confront the only superpower in the open struggle. Nevertheless, Eastern countries grew more and more dissatisfied with the global policies and international relations imposed on them by the US. Hence, the opposition to the West grew stronger and led to the emergence of terrorist movements, such as Al Qaeda, which was actually responsible for terror attacks on 9/11. To put it more precisely, as Said Edward argued, the Islamic world stayed to be the Islamic world with its traditions, norms and beliefs. Representatives of this world, which was different from the West, were ready to defend their views and beliefs by all possible means. The hegemony of the US as the only superpower gave them little options to choose the method of struggle and the terrorism be came the major and, probably, the most effective method of struggle of the East against the oppression and domination of the West. Al Qaeda had proved to be quite successful recruiting thousands of members worldwide. Remarkably, this terrorist organization focused on the most radicalized parts of the world, such as Afghanistan or Pakistan, as well as Iran and Indonesia where radical Islamist ideas were popular and still relevant. Al Qaeda had a solid ideological basis in these countries and could recruit new members easily, whereas the desperate socioeconomic position of the population in these countries increased the popularity of Al Qaeda. At the same time, the main reason for the popularity of Al Qaeda among the population of Eastern countries. To put it more precisely, they were ready to support the power, which they believed to stand for their traditions, culture, interests and needs. In such a context, Al Qaeda positioned itself as the organization that struggles for the value s of Islam and protects Muslims from the oppression from the part of the US and other non-Islamic countries of the world. In other words, Al Qaeda personified the power that challenged the US and stood for Muslims. Hence, many people supported and still support this organization. At this point, it is possible to refer to the experience of other terrorist organization, such as Hezbollah, which has gained the public support in Lebanon because, even though this organization used terror attacks as the main method of its struggle, this organization proved to be the only power capable to resist effectively to Israel. The same trend can be traced in regard to Al Qaeda, which positioned itself as the only power capable to resist to the hegemony of the US and which was eager to support the Islamic world and Muslims worldwide. After 9/11 the West viewed Al Qaeda as the major threat and terrorist organization, whereas the East viewed Al Qaeda as a powerful organization that challenged the West and attempted to preserve the traditional values of the East and protect interests of Muslims. However, such an effect of the terror attacks conducted by 9/11 because, as Said Edward said the West is the West, and Islam is Islam, i.e. each civilization views the terror attacks from its own standpoint and, therefore, the attitude of people in the West and in the East to 9/11 differs. In the end it would be essential to focus on the fact that the Arab nations have to face severe difficulties in their everyday life and the grounds for these difficulties are Orientalism based prejudice and stereotypes, which impact the everyday life as Western as well as Eastern society. Edward Said was the one who valued national and ethnic identity very high, but the same time he was the one who stressed that the national diversity could never became a reasonable ground for interracial misunderstanding and development of prejudice. He always stated on the fact of equality between the representatives of all the nations in the world. A number of people share the same ideas on Orientalism, which is based on the centuries developed prejudice and stereotypes. International relations revealed the hegemony of the US and western civilization. In such a situation, terror attacks on 9/11 became the only effective response to the oppression of Eastern countries by the US. Al Qaeda became a s ymbol of the struggle for independence and traditional values in the East, and the enemy number one in the West. In such a way, the West carries on its ideology of the opposition of the West vs. the rest of the world.