10 Major Agricultural Problems Of India Essay

Some of the major problems and their possible solutions have been discussed as follows. Indian agriculture is plagued by several problems; some of them are natural and some others are manmade. 1. Small and fragmented land-holdings: The seemingly abundance of net sown area of 141.2 million hectares and total cropped area of 189.7 million hectares (1999-2000) pales into insignificance when we see that it is divided into economically unviable small and scattered holdings. The average size of holdings was 2.28 hectares in 1970-71 which was reduced to 1.82 hectares in 1980-81 and 1.50 hectares in 1995-96. The size of the holdings will further decrease with the infinite Sub-division of the land holdings. See more: Sleep Deprivation Problem Solution Speech Essay The problem of small and fragmented holdings is more serious in densely populated and intensively cultivated states like Kerala, West Bengal, Bihar  and eastern part of Uttar Pradesh where the average size of land holdings is less than one hectare and in certain parts it is less than even 0.5 hectare. Rajasthan with vast sandy stretches and Nagaland with the prevailing ‘Jhoom’ (shifting agriculture) have larger average sized holdings of 4 and 7.15 hectares respectively. States having high percentage of net sown area like Punjab, Haryana, Maharashtra, Gujarat, Karnataka and Madhya Pradesh have holding size above the national average. Further it is shocking to note that a large proportion of 59 per cent holdings in 1990- 91 were marginal (below 1 hectare) accounting for 14.9 per cent of the total operated area. Another 19 per cent were small holdings (1-2 hectare) taking up 17.3 per cent of the total operated area. Large holdings (above 10 hectare) accounted for only 1.6 per cent of total holdings but covered 17.4 per cent of the operated area (Table 22.1). Hence, there is a wide gap between small farmers, medium farmers (peasant group) and big farmers (landlords). The main reason for this sad state of affairs is our inheritance laws. The land belonging to the father is equally distributed among his sons. This distribution of land does not entail a collection or consolidated one, but its nature is fragmented. Different tracts have different levels of fertility and are to be distributed accordingly. If there are four tracts which are to be distributed between two sons, both the sons will get smaller plots of each land tract. In this way the holdings become smaller and more fragmented with each passing generation. Sub-division and fragmentation of the holdings is one of the main causes of our low agricultural productivity and backward state of our agriculture. 1/2/2015 7:58 PM 10 Major Agricultural Problems of India and their Possible Solutions 3 of 16 http://www.yourarticlelibrary.com/agriculture/10-major-agricultural-pro†¦ A lot of time and labour is wasted in moving seeds, manure, implements and cattle from one piece of land to another.  Irrigation becomes difficult on such small and fragmented fields. Further, a lot of fertile agricultural land is wasted in providing boundaries. Under such circumstances, the farmer cannot concentrate on improvement. The only answer to this ticklish problem is the consolidation of holdings which means the reallocation of holdings which are fragmented, the creation of farms which comprise only one or a few parcels in place of multitude of patches formerly in the possession of each peasant. But unfortunately, this plan has not succeeded much. Although legislation for consolidation of holdings has been enacted by almost all the states, it has been implemented only in Punjab, Haryana and in some parts of Uttar Pradesh. Consolidation of about 45 million holdings has been done till 1990-91 in Punjab, Haryana and western Uttar Pradesh. The other solution to this problem is cooperative farming in which the farmers pool their resources and share the profit. 2. Seeds: Seed is a critical and basic input for attaining higher crop yields and sustained growth in agricultural production. Distribution of assured quality seed is as critical as the production of such seeds. Unfortunately, good quality seeds are out of reach of the majority of farmers, especially small and marginal farmers mainly because of exorbitant prices of better seeds. In order to solve this problem, the Government of India established the National Seeds Corporation (NSC) in 1963 and the State Farmers Corporation of India (SFCI) in 1969. Thirteen State Seed Corporations (SSCs) were also established to augment the supply of improved seeds to the farmers.  High Yielding Variety Programme (HYVP) was launched in 1966-67 as a major thrust plan to increase the production of food grains in the country. The Indian seed industry had exhibited impressive growth in the past and is expected to provide further potential for growth in agricultural production: The role of seed industry is not only to produce adequate quantity of quality seeds but also to achieve varietal diversity to suit various agro-climatic zones of the country. The policy statements are designed towards making available to the Indian farmer, adequate quantities of seed of superior quality at the appropriate time and place and at an affordable price so as to meet the country’s food and nutritional security goals. Indian seeds programme largely adheres to limited generation system for seed multiplication. The system recognises three kinds of generation, namely breeder, foundation and certified seeds. Breeder seed is the basic seed and first stage in seed production. Foundation seed is the second stage in seed production chain and is the progeny of breeder seed. Certified seed is the ultimate stage in seed production chain and is the progeny of foundation seed. Production of breeder and foundation seeds and certified seeds distribution have gone up at an annual average rate of 3.4 per cent, 7.5 per  cent and 9.5 per cent respectively, between 2001-02 and 2005-06). 3. Manures, Fertilizers and Biocides: Indian soils have been used for growing crops over thousands of years  without caring much for replenishing. This has led to depletion and exhaustion of soils resulting in their low productivity. The average yields of almost all the crops are among t e lowest in the world. This is a serious problem which can be solved by using more manures and fertilizers. Manures and fertilizers play the same role in relation to soils as good food in relation to body. Just as a well-nourished body is capable of doing any good job, a well nourished soil is capable of giving good yields. It has been estimated that about 70 per cent of growth in agricultural production can be attributed to increased fertilizer application. Thus increase in the consumption of fertilizers is a barometer of agricultural prosperity. However, there are practical difficulties in providing sufficient manures and fertilizers in all parts of a country of India’s dimensions inhabited by poor peasants. Cow dung provides the best manure to the soils. But its use as such is limited because much of cow dung is used as kitchen fuel in the shape of dung cakes. Reduction in the supply of fire wood and increasing demand for fuel in the rural areas due to increase in population has further complicated the problem. Chemical fertilizers are costly and are often beyond the reach of the poor farmers. The fertilizer problem is, therefore, both acute and complex. It has been felt that organic manures are essential for keeping the soil in good health. The country has a potential of 650 million tonnes of rural and 160 lakh tonnes of urban compost which is not fully utilized at present. The utilization of this potential will solve the twin problem of disposal of waste and providing manure to the soil. The government has given high incentive especially in the form of heavy subsidy for using chemical fertilizers. There was practically no use of chemical fertilizers at the time of Independence As a result of initiative by  the government and due to change in the attitude of some progressive farmers, the consumption of fertilizers increased tremendously. In order to maintain the quality of the fertilizers, 52 fertilizer quality control laboratories have been set up in different parts of the country. In addition, there is one Central Fertilizer Quality Control and Training Institute at Faridabad with its three regional centres at Mumbai, Kolkata and Chennai. Pests, germs and weeds cause heavy loss to crops which amounted to about one third of the total field produce at the time of Independence. Biocides (pesticides, herbicides and weedicides) are used to save the crops and to avoid losses. The increased use of these inputs has saved a lot of crops, especially the food crops from unnecessary wastage. But indiscriminate use of biocides has resulted in wide spread environmental pollution which takes its own toll. 4. Irrigation: Although India is the second largest irrigated country of the world after China, only one-third of the cropped area is under irrigation. Irrigation is the most important agricultural input in a tropical monsoon country like India where rainfall is uncertain, unreliable and erratic India cannot achieve sustained progress in agriculture unless and until more than half of the cropped area is brought under assured irrigation. This is testified by the success story of agricultural progress in Punjab Haryana and western part of Uttar Pradesh where over half of the cropped area is under irrigation! Large tracts still await irrigation to boost the agricultural output. However, care must be taken to safeguard against ill effects of over irrigation especially in areas irrigated by canals. Large tracts in Punjab  and Haryana have been rendered useless (areas affected by salinity, alkalinity and water-logging), due to faulty irrigation. In the Indira Gandhi Canal command area also intensive irrigation has led to sharp rise in sub-soil water level, leading to water-logging, soil salinity and alkalinity. 5. Lack of mechanisation: In spite of the large scale mechanisation of agriculture in some parts of the country, most of the agricultural operations in larger parts are carried on by human hand using simple and conventional tools and implements like wooden plough, sickle, etc. Little or no use of machines is made in ploughing, sowing, irrigating,  thinning and pruning, weeding, harvesting threshing and transporting the crops. This is specially the case with small and marginal farmers. It results in huge wastage of human labour and in low yields per capita labour force. There is urgent need to mechanise the agricultural operations so that wastage of labour force is avoided and farming is made convenient and efficient. Agricultural implements and machinery are a crucial input for efficient and timely agricultural operations, facilitating multiple cropping and thereby increasing production. Some progress has been made for mechanising agriculture in India after Independence. Need for mechanisation was specially felt with the advent of Green Revolution in 1960s. Strategies and programmes have been directed towards replacement of traditional and inefficient implements by improved ones, enabling the farmer to own tractors, power tillers, harvesters and other machines. A large industrial base for manufacturing of the agricultural machines has also been developed. Power availability for carrying out various  agricultural operations has been increased to reach a level of 14 kW per hectare in 2003-04 from only 0.3 kW per hectare in 1971-72. This increase was the result of increasing use of tractor, power tiller and combine harvesters, irrigation pumps and other power operated machines. The share of mechanical and electrical power has increased from 40 per cent in 1971 to 84 per cent in 2003-04. Uttar Pradesh recorded the highest average sales of tractors during the five  year period ending 2003-04 and/West Bengal recorded the highest average sales of power tillers during the same period.  Strenuous efforts are being made to encourage the farmers to adopt technically advanced agricultural equipments in order to carry farm operations timely and precisely and to economise the agricultural production process. 6. Soil erosion: Large tracts of fertile land suffer from soil erosion by wind and water. This area must be properly treated and restored to its original fertility. 7. Agricultural Marketing: Agricultural marketing still continues to be in a bad shape in rural India. In the absence of sound marketing facilities, the farmers have to depend upon local traders and middlemen for the disposal of their farm produce which is sold at throw-away price. In most cases, these farmers are forced, under socio-economic conditions, to carry on distress sale of their produce. In most of small villages, the farmers sell their produce to the money lender from whom they usually borrow money.  According to an estimate 85 per cent of wheat and 75 per cent of oil seeds in Uttar Pradesh, 90 per cent of Jute in West Bengal, 70 per cent of oilseeds and 35 per cent of cotton in Punjab is sold by farmers in the village itself. Such a situation arises due to the inability of the poor farmers to wait for long after harvesting their crops. In order to meet his commitments and pay his debt, the poor farmer is forced to sell the produce at whatever price is offered to him. The Rural Credit Survey Report rightly remarked that the producers in general sell their produce at an unfavourable place and at an unfavourable time and usually they get unfavourable terms. In the absence of an organised marketing structure, private traders and middlemen dominate the marketing and trading of agricultural produce. The remuneration of the services provided by the middlemen increases the load on the consumer, although the producer does not derive similar benefit. Many market surveys have revealed that middlemen take away about 48 per cent of the price of rice, 52 per cent of the price of grounduts and 60 per cent of the price of potatoes offered by consumers. In order to save the farmer from the clutches of the money lenders and the middle men, the government has come out with regulated markets. These markets generally introduce a system of competitive buying, help in eradicating malpractices, ensure the use of standardised weights and measures and evolve suitable machinery for settlement of disputes thereby ensuring that the producers are not subjected to exploitation and receive remunerative prices.

Social Stratification

Question: What are the causes of social stratification in the Caribbean? Throughout our lives, there must have been some form of categorization whether your complexion or financial status. Even in today’s society, people are judged and put into groups based on their race or even sometimes religion. This is known as Social Stratification. This however could not be possible without a diversed Caribbean that is present today. Cultural Diversity then speaks about the different ethnic traditions such as custom, race and language that are found in the society. Take for example Jamaica that has a motto â€Å"Out of Many One People†. This can be seen as a perfect example as many different races or ethnic groups reside in Jamaica and widely the Caribbean. As a result, a means of Social Stratification takes place in the society. Mohammad (2007) states that it is a ranking system which organizes or places persons in the society in a hierarchy. In addition, it can be classified as a characteristic of society as it appears to be present in most of our Caribbean islands. Although this is viewed as a form of inequality, the system was derived from events that took place some years ago. The main causes of social stratification are the Plantation System, Emancipation and Social Mobility. Historically, this system started on the fields of the sugar plantation. The persons who toiled in the hot sun in the fields were known as slaves and were viewed as the â€Å"lesser people†. Their masters however were the opposite as they had all the power and wealth so they were seen as more highly and respectable individuals. A distinction between them had begun as the gap between them had gotten bigger due to the mobility of the masters. A hierarchy was built and the slaves could be seen at the bottom due to the bias judgment of the pigment of their skin. During this period of history according to Greenwood (2003), a middle class was also developed owning to the fact that not all persons were classified as slaves or whites. Therefore a middle class was now a part of the hierarchy and they were called the mulattos. These sets of people were still judged on the colour of their skin and the materialistic things that they owned. This brought much segregation and division among them because of the differing cultures and the whites believing that they were better than others around them. Emancipation which took place years after the Plantation System with the slaves also helped with Social stratification that most Caribbean islands are experiencing now. Emancipation is the period in history when many of the African slaves got freed. Despite the fact that freeing the slaves was indeed an advantage to them, it brought a negative effect. With freedom came the advantage of schooling and getting educated, however not many persons were able to go forward with it. There was a division among the Blacks or the ex-slaves as only the better ones were able to get the chance to be taught. When this took place, many of the ex-slaves felt that they were lesser than even their own race or group and so there was categorizing present as even the whites were then divided into two groups, the Petite and the Blancs. This caused much hatred among them as social status made them feel as though they were superior to others. With the use of the hierarchy, there must have been some movement of persons whether up or down the ranking of the social ladder. This is known as social mobility; which even in today’s society it is taking place. It is even taking place as we speak. Mohammed (2007) states â€Å"Education is the primary means of accessing social mobility throughout the region† (p. 65). It is through education that most of the Caribbean leaders rise to such high authority or positions. Even in today’s society, it is the persons who are wealthy and are of light complexion that gets recognition for jobs and positions. Everyone else who falls below that, is classified as poor and is in the lower class on the hierarchy. Weber argues that social class is primarily based on power, prestige or status. In conclusion it can be said that social stratification all started from the days of slavery and even nowadays persons are still being ranked on race, colour, sex, religion and finance. References Greenwood, R. , Hamber, S. (1980). Arawaks to Africans. Macmillan Publishers Limited Mohammed, J (2007). Caribbean Studies for Cape Examinations. Macmillan Publishers Limited http://wps. prenhall. com/ca_ph_macionis_sociology_5/23/6031/1544046. cw/index. html http://www. youthlinkjamaica. com/cxc/sociology20030916. html http://stmarys. ca/~evanderveen/wvdv/class_relations/social_stratification. htm

Soul Food

When you think of soul food what is the first thing to come to mind? I think of southern foods as flavorful spicy foods like gumbo or jambalaya. Soul food has been around since the slave days and is described as a type of foods that are associated with African-American culture in the southern United States. Soul food recipes were typically a reflection of the chef’s creativity, after the abolition of slavery, most African Americans lived in poverty, so recipes continued to make use of cheaper ingredients.Of course, this isn’t entirely a black/white issue. Historically, there hasn’t been much of a difference between the foods eaten by poor black Southerners and poor white Southerners. They usually used meats like chicken, liver etc. newly freed slaves used this type of cooking to their advantage because they didn’t have much money to live with. Since slaves weren’t aloud to read or write, recipes were passed down orally for several generations.There were no widely distributed soul food cookbooks until the late 1960s and early 1970s. Around the 60s and 70s black-owned soul food restaurants began to appear in New Orleans, Birmingham, and other southern cities. presently soul food restaurants from fried chicken and fish â€Å"shacks† to upscale dining establishments-are in every African-American community in the nation, especially in cities with large black populations, such as Chicago, New York, New Orleans, Los Angeles and Washington, DC .Over centuries, soul food has been cooked and seasoned with pork products, and fried dishes are usually cooked with hydrogenated vegetable oil like Crisco which is a trans fat. Unfortunately, regular consumption of these ingredients without significant exercise or activity to work the calories off often contributes to disproportionately high occurrences of obesity, hypertension, cardiac/circulatory problems and/or diabetes.It has also been a factor in African-Americans often having a sho rtened lifespan. More modern methods of cooking soul food include using more healthful alternatives for frying (liquid vegetable oil or canola oil) and cooking/stewing using smoked turkey instead of pork. This is why over time soul food has been cooked with more healthy ingredients. Now, soul food is the one of the most common foods across the country and is associated with comfort and happiness for a lot of people.

International Management Essay Example | Topics and Well Written Essays - 1500 words

International Management - Essay Example As much as they try to deal with one culture in another country, they still experience others as they venture into other markets in search for cheap labor and raw materials. There are different moral standards within the countries, which brings challenges to the operation of multinational companies. Because of this, successful multinational companies require to solve these ethical issues to maintain their stability towards realizing the organizational goals. Ethical Issues Traditional Small-Scale and Large Scale Bribery Most of the developing countries lack strict laws to minimize bribery of the public officials. This is a contradictory to the practices by the developed countries where bribery is offense and punishable by law. In the developing countries, multinational companies experience ethical issues as they are forced to bribe foreign officers in exchange of the violation of the official duties. Foreign officers need bribes to offer services which they are meant to perform. This also implies in a case when the multinational companies fails to comply with certain provision and are forced to give bribery as a justification or failure. Similarly, multinational companies have to give hefty bribes in order to influence the making of policies or in case of a violation (MacDaniel, Hair & Lamb & 2007, 72). The issues of bribery are very rampant in the developing countries unlike in the developed countries where most of the multinational companies base. Because of this, theses corporations are operating in a dilemmas which they need to find a solution. Pricing Developing countries are characterized by unfair pricing and questionable invoicing where the buyer request for invoice showing a different price from the actual price of the product or service delivered. The regimes fix the corporation prices in order to face off local competition. The companies also dump their prices to below their mother countries and engage in the business practices, which are illegal in their home countries but are legal in their host country (Rendtorff, 2009, 436). These practices in pricing raise the ethical issues in which the multinationals companies operates in the host countries. As much as they want to remain relevant and capture the market share, they are forced to indulge in unethical activities to remain relevant to the laws and regulation governing business activities in the host country. Any corporation that wants to remain successful has to find a way of dealing with these ethical issues without being victim to the host nation by not complying with the law. However much it may pose a challenge more so when operating in a new business environment, the multinational companies have to strive, and do their best in managing their corporations to enable them meet their goals. Legal Issues Multinational companies face legal issues in their host countries different from their mother countries. Different countries operate under certain laws and vary depending w ith the framework in which the government requires them to operate. The legal challenges may come with undefined way of doing things that cause the company to close its operations or continue operating under inflexible and strict laws minimizing its full potential. In many cases, Legal issues affect the company in terms of penetrating the inner market and its relation with its stakeholders. Legal issues are binding and meant to influence the organization towards a certain direction.

Exemplary Research Essay Example | Topics and Well Written Essays - 1000 words

Exemplary Research - Essay Example These two papers have been used to demonstrate how a management strategy can be built on the basis of intellectual capital for better performance in the goal achievement arena. To begin with, traditionally, organisations have been seen to work on the premise of three basic factors of production – land, labour and capital. These three factors have been hailed as equally important with labour always having occupied a special place of importance. In this regard, the three factors of production were enough to nicely and simply sum up the requirements of an organisation. (Nahapiet et al, 1998) The modern day organisation used four factors of production or four basic categories of resources: land, labour, capital and expertise. With the advent of various technologies and trends like globalisation, there has been a strong emphasis on the growth of manpower development along the lines of securing employees as long term assets in whose hands the growth of company lies. This is where the term expertise comes in. (Lumpkin et al, 1996) Expertise means many things to many people due to the sole reason that it includes a lot of elements that contribute to the organisation strength when it comes to the achievement of goals. This has basically been used in Non governmental organisations, but has recently been added to every corporation’s list of priorities. This brand of expertise gives rise to intellectual capital through a strategic growth and development process of the organisation’s human capital. These two papers deal with the study of intellectual capital as a form of social capital within the corporate sphere in terms of its brand asset relevance aspect. In this respect, it has been realised that intellectual capital needs to be measured to chart and track the course that is being followed by the organisation and the people within it, as far as reaching and achieving goals is concerned. (Nahapiet et al, 1998) Whether it is in the Research

Art and the Patron Essay Example | Topics and Well Written Essays - 1500 words

Art and the Patron - Essay Example In the dying embers of this world, artists began to come into fashion, creating a refined position within culture. Artists have been subject to the morality, philosophy, and social construction of their time and American artists have had to navigate these frameworks in order to find their place within the cultural context. Art has had to balance a double sided card for most of its existence, the expression of the artist tempered by the desires of the patron or authority over the artist to dictate the theme and representations that the artist uses. It is a rare moment in time when an artist has true control over those things that he or she wishes to depict within his or her art. The hidden elements that are not always obvious to the patron or the controlling party have been one of the joys that artists have been able to use to express their individual point of view within a dictated framework. As time has progressed, the types of hold that patrons have had over the theme and content o f the work has changed, but artists are often subjected to control in order to appease those who are willing to support their work. The privilege of total freedom is rare and has been denied to artists even within the expectations placed upon American art. The nature of artistic freedom has been subjected to morality, flattery, and the need to represent themes that suited the national rhetorical discourse. The economic needs of the individual to survive have been in tension with the need to express artistic vision throughout history. In New England in the 17th century, the trend of portraiture followed from England as a form of artistic employment, artists needing the patronage of those who desired their portraits to be done by them in order to create a form of wage for their work. Craven (1998) discusses the idea that the concept of the portrait as a commercial product was dependent upon a sufficient number of elite in the region who were willing to spend money on such a transactio n. He goes on to discuss how very talented artists came to American with the realization that their former training and income resource was likely to not be profitable enough in the new land in order to make a living so they were forced to take on other similar work such as painting signs or the interiors of houses. Because of the influx of immigrants that were of Dutch origins, there is evidence of the influences of Dutch portraiture aesthetics in many of the works from the 17th century American artists. Therefore, there is a long history of competent and extensive studies on Dutch art from American scholars (Liedtke, 2000). The influences of Dutch portraiture can be seen in the beginnings of a developing style in early American-European settlements as in evidence by the Freake portraitures. According to Roark (2003) the Freake portraits, done by an unknown artist, is the largest existing collection of artworks from this region and from this time in American history. The paintings share similar characteristics that suggest training in the art of portraiture as well as a defined perspective on how to represent the individual. Craven (1998) discusses the nature of the paintings in reference to the way in which they make social statements about the subjects of the paintings, the hair of the patriarch of the family, John Freake wore his hair naturally and shoulder

Possible interview questions and answers Essay Example | Topics and Well Written Essays - 500 words

Possible interview questions and answers - Essay Example My strengths are excellent time management and organized person. Every time I am working on a project, I always make sure to complete the project well ahead of schedule. I developed a unique set of skills that make me suited for this job while in college. Firstly, I learned presentation skills. Secondly, I learned how to develop the ability of questioning and evaluating information. Thirdly, I learned to pay attention to detail elements of any performance. In my final year, we were given an accounting project to solve within a week. The task involved researching on the tax policy in the country and its impact on small businesses. I started working on the project from the first day. The move ensured that I did not have a problem in meeting the deadline. In my spare time, I like cleaning and organizing my house. This activity developed my organization skills. The activity has taught me the importance of organization. As a result, I will always pursue a deliberate and logical course of action in the workplace. As part of my volunteer activities, I participated in a workshop that we organized for inner city students. I was given the responsibility of talking about accounting and the importance of a University education. I started by introducing myself. Then I ensured that I maintained a positive body language. In addition, I listened to the feedback of the students. The talk was successful because I made a deliberate effort to create a conversation based on their interests. As a person, I believe in continuous improvement. Consequently, I would love to continue my studies. In addition, I will use my spare time to attain further accounting credentials. I believe that I can do my job and study at the same time. I will appreciate the opportunity to study ACCA. After completing my degree, I expect that I will be eligible for exceptions. As a result, I expect to take about two years to complete THE ACCA course. I will study at

Class student dicussions answers week 3 Essay Example | Topics and Well Written Essays - 750 words - 1

Class student dicussions answers week 3 - Essay Example Drive capacity and device speed are increasingly becoming more diverse and dynamic. On the same note, changes and improvements are being made on disk partition styles. This enables the user to settle on the most relevant or preferred style. Technological advancement has also redesigned disk partition management. In other words, disk partitioning can be done in more than way, thereby giving the user more choices for device management. This is also the case when it comes to the analysis of Windows 7 disk tools. Systems maintenance could leave some devices unsupported due to unavailability of device driver(s). In such an event, the device driver would have to be reinstalled. In order to make the right supply in terms of the required type and version of the device driver, the supplier has to be aware of the underlying needs. This is to ensure that the supplied device meets the current level of systems maintenance. At an organizational level, the issue of concern would be systems security subject to the installation of device driver(s). In terms of hard drive connections, both IDE and SATA are common at an individual and organizational level. I agree with Anna. Current operation systems are accompanied by many device drivers that suit personal, business, and organizational use. In the event that these drivers are not the latest versions, there are official websites that provide download links to the latest device drivers. Unlimited downloads are allowed, making it convenient for the user. Where automatic driver updates are configured, it is vital to ensure that only the important drivers are activated for automatic update. Too many automatic updates may not be necessarily, and they might consequently affect device performance. On the other hand, data and information storage is fundamental practice in the digital age. Internal and

Compare and contrast the nursing theorist models of Parse and Watson Essay

Compare and contrast the nursing theorist models of Parse and Watson - Essay Example Patients now want to be consulted first, they have more access to various medical information, and want to be respected, recognized, and referred to when it pertains to their well-being. All new developments have also made nursing a highly-specialized profession, and nurses must continually update their knowledge they gained in the academe and from work experiences with continuing education. A few examples of nursing specializations are in pediatrics, geriatrics, acute care, natal care, cardiology, surgery, palliative care, toxicology, and mass casualties, to name just a few. In this regard, the nursing profession must not lose sight of its primary or core mission, despite the modernity in health care delivery. Its main aim is to render human care in whatever setting, be it in administrative, clinical, institutional, assisted-living facilities, senior retirement homes, or in a medical research facility. It is quite easy to get lost in all the complexity and forget human values necess ary in a patient-nurse relationship. In an attempt to preserve the noble heritage of nursing, several prominent nurses and educators have developed their own theories with regards to nurses' responsibilities despite all the heavy workload, from a shortage of nurses to increased number of patients nowadays. This paper examines the theories of Jean Watson and Rosemarie Parse. Discussion Although there are many nursing theories propounded by eminent practitioners, there are a few of these theories which had gained widespread acceptance and greater credibility due to their salient points when it comes to giving patient care. Over the years, nursing schools and hospital administrators have promoted these viable nursing theories as models for the nursing profession intended to be followed and applied in all health care settings. The idea is that nursing has core values which are applicable anywhere, and these must be applied consistently so that a patient recovers faster, while the nurse retains his or her humanity as an archetypal ideal nurse. Jean Watson – she developed her own theory of nursing based from her extensive work experiences in both academic and clinical settings. She has an undergraduate degree in nursing, a master's degree in psychiatric (mental health) nursing, and also a doctorate degree in educational psychology, together with three other honorary doctorate degrees granted by three countries, of Canada, Sweden, and the United Kingdom. A basic principle of her nursing theory is the return to the basics, in effect, what Florence Nightingale of England had tried to achieve when she first founded today's modern nursing practice during wartime conditions to care for the wounded. The key elements of Watson's theory are composed of three paradigms in nursing care, which are the carative (from the Greek word of care) factors composed of ten basic elements, the trans-personal relationship, and the caring moment. All the three paradigms are intended to make a nurse aware that a patient is a person with feelings and emotions which can adversely affect his health if not handled properly. Moreover, a nurse must give due care to a fellow human being in a holistic approach, as contrasted to the medicines used to cure a patient (Watson, 2008). Rosemarie Parse –

Biomedical Engineering Essay Example for Free

Biomedical Engineering Essay Medicine, biology, research, and engineering are build blocks for the profession of a biomedical engineer. Biomedical engineering deals with the application of ones knowledge of engineering to medicine and biology to help with healthcare. To join this profession you need at the minimum of a bachelor’s degree in biomedical engineering. There are many types of biomedical engineering such as tissue, genetic, neural, clinical and pharmaceutical, and with each they require special expertise. This profession is fast paced and filled with excitement, biomed will forever be evolving as the research and knowledge of all things medical grow. Now biomedical engineering is a larger profession than many think and is broken into many sub-specialties that require even a higher level of education and experience. Biomedical engineering requires a higher level of education after high school. Now before college for those interested they should enroll in advanced math and science classes to help with better preparation. Now while you’re in college obtaining an internship would be very beneficial to getting a job after graduating since most are looking for those with experience. Biomedical engineering includes coursework from both engineering and biology. Depending on your school the subjects vary but will normally include biomaterials, physiology, solid and fluid mechanics, and computer programming. Now if you enroll in a biomedical engineering program it must be accredited by ABET, if not your degree may not help you get a job after graduation. Well after graduation a brighter world opens up to you and you have a wide variety of other directions to travel because biomedical engineering doesn’t just stop there. Tissue engineering is the study for the growth of new connective tissues, organs, etc. This allows the creation of fully functional organs for implantation into host bodies. Sounds quite innovative and it is with the direct implantation over transplantation which could cause the host body to reject the organ causing further problems. Now to break down this process first a sample of cells would be taken from the host body, which soon after will be cultured from explants. Culturing explants is basically the process of mig rating and the expansion of cells. Then the cells get further culturing to form tissue that’s been engineered for implantation. Now these experiments are carried out within special Tissue Culture Facilities to keep a safe and sterile environment. Now when  these donor implants are created they are given growth measures so the cells can multiply and grow so once implanted they will recreate their intended functions. Now that’s quite fascinating, but this is just the tip of the ice berg there’s much more to be unfolded. Genetic engineering deals with the manipulation and changing of cells and their makeup. Often people think of this being a way to create super organisms, which is actually quite true in a sense. This part of biomedical engineering helps scientist break through the boundaries that restricts them from creating novel organisms. Novel organisms are organisms that can produce offspring with new gene combinations through sexual reproduction. Now this process takes place when engineers extract specific gene traits and transfers them into another specimen. Therefore new combinations of genes and traits lay a path for new species that doesn’t occur in nature and by which can’t be developed b y natural means. Although these may be great feats this is one of the riskier specialties. Alongside the benefits adding unnatural genes and traits can bring forth unknown consequences, but this is someone’s future and our future. Neural engineering runs on the principals of wanting to understand the brain and how it works; all the while developing new technology to interact and treat the brain. These engineers are taught about fundamental diseases such as Alzheimer’s, Parkinson’s, tinnitus, and epilepsy. Other skills that are needed for this profession include signal processing, image processing, instrumentation and computational modeling as well as electrode design, amplifier and filter design, brain machine interfaces, cochlear implants, and deep brain stimulation. Now all of that sounds over whelming but neural engineering requires some of the top precision because the brain is something like the bodies controller. So being an amateur in this field is not something that’s accepted. Clinical engineering deals with the stride towards better te chnology to analyze and provide solutions for the clinical needs of patients. This field is quite diverse and covers a lot of areas within health care. These engineers work with complex human and technological systems. Now these men/women are the technical managers of the medical equipment, some of their responsibilities include financial or budgetary management, service contract management, data processing and in house operators. In addition they also fill other important functions like assuring that the medical equipment is safe and effective. Clinical  engineers are one of the more precise and helpful of the engineers because they work with medical, nursing and paramedical staff to ensure that the care their trying to deliver with the assistance of technology is being worked to the best of its ability. Pharmaceutical engineering is the field that deals with the creating and manufacturing plants and pharmaceutical products that are generated by these plants. These engineers help create the guidelines that regard the production of medical drugs in addition to their other work. Now alike the tissue engineers their sites of work but maintain sanitary all the time on a count of the drugs and other items they handle. Labeling and packaging these pharmaceuticals after validating the integrity is another task they must handle. It may sound odd but a major aspect of the job is being able to designing the pharmaceutical facility. They must build pharmaceutical and research facilities while considering the equipment needed and the â€Å"cleanrooms† and other utility stations they use. Clean rooms are an enclosed area that have low numbers of environmental pollutants, like dust or other things that can contaminate, this is somewhat of a Pharmaceutical engineer’s sanctuary in a way. In conclusion biomedical engineering is a very demanding yet interesting profession and can branch off into other specialties to enhance the fascinating experience. As you read through some of them you may have realize that each have their own intricate points, but all of them have one common goal and that’s to provide healthcare and its people with the best of the best no matter what their in need of. No matter which direction you decide to go with you’ll need a concise clear mind and an education to back it up. This is a very advanced profession and will only grow upon itself for years to come, so if this profession is chosen be sure that you’re ready and filled with enthusiasm and ambition because it will be needed. Works Cited King, YaShekia, and E. E. Hubbard. WiseGeek. Conjecture, n.d. Web. 29 Sept. 2013. http://www.wisegeek.com/what-is-pharmaceutical-engineering.htm. Neural Engineering. : Emphasis Areas : Undergraduate Program : Department of Biomedical Engineering : University of Minnesota. N.p., n.d. Web. 29 Sept. 2013. http://bme.umn.edu/undergrad/handbook/emphasis/neural.html. Trinity College Dublin. What Is Clinical Engineering. N.p., n.d. Web. 29 Sept. 2013. http://www.medicine.tcd.ie/medical-physics-bioengineering/postgraduate/msc-physical-sciences/clinical-engineering.php. What Is Genetic Engineering? Union of Concerned Scientist: Citizens and Scientist for Environmental Soultions. N.p., n.d. Web. 29 Sept. 2013. http://www.ucsusa.org/food_and_agriculture/our-failing-food-system/genetic-engineering/what-is-genetic-engineering.html. What Is Tissue Engineering. What Is Tissue Engineering. N.p., n.d. Web. 29 Sept. 2013. http://www.rpi.edu/dept/chem-eng/Biotech-Environ/Projects00/tissue/What is Tissue Engineering.htm.

Techniques Used In Pride And Prejudice

Techniques Used In Pride And Prejudice Pride and Prejudice written by Jane Austen explores the viciousness of social class and its breaking points. Set in 19th century in a rustic region of Longbourn, England the reader is confronted with the stark difference between the gentry and the common people. Austen uses a romantic novel to paint the biased views of the opposite ends of the social spectrum; the gentry riddled prejudicial hate and disgust and the commoners with their blinding pride. These two character flaws are both what separate the rich from the commoners and what also lumps them in the same category. To punctuate such character flaws, Austen uses the motifs of courtship and journey, satire, and the counterparts of characters in the separate classes. The third and fourth inflection points are where the story has reached its climax. In the attraction period Mr. Darcy has already proposed to Elizabeth and has been rejected. But in this crucial period of time Elizabeth has started to see the change within the character of Mr. Darcy. She in fact comes to fall in love with him, a sign that she is slowly coming over her pride of being an independent woman. Within the last inflection point there is a marriage, Jane and Bingleys, this ending scene marks the end of the barrier between the snobbish gentry and the common people. The theme of Pride and Prejudice is that social class can both define a character as well as set ones principles. The defining of character and principles is caused by a society who has become subjected to the severity of the social class rules in which the social class system is a binding force that coerce people to live life in the invisible confines created by intangible wealth. However, in regards to love all such rules are cast away. The idea that one may not rub elbows let alone marry someone who is beneath he/shes status are blind sighted by couples who are enraptures in their heated but seraphic love. Austen trying to send a message that love can transcend the barrier of social classes, but before that there will always be a clashing of beliefs and attitudes due to a contrastive upbringing. In Pride and Prejudice there are a total of seven marriages, but the two that constitute with the theme are the marriages of Jane and Mr. Bingley and Elizabeth and Mr. Darcy. Jane and Mr. Bingleys affair is a very straight forward affair; Mr. Bingley is a wealthy man and is desperately in love with Jane Bennet, a woman well beneath his stature, who loves him just as much. This couple wants to be together but the only force that holds them apart in the approval of the gentry. In the end Mr., Bingley forgoes all formalities and marries Jane (though he did gain the approval of Mr. Darcy, the man who all along disapproved of their union) which proves that love cannot be kept confined within the social formalities created by an exuberant amount of wealth. One other union that went against all of high societys standards was the marriage of Elizabeth Bennet and Mr. Darcy. Though their first impression of each other had them at each others throats they soon come to find that they have much in common even though there is a noticeable difference in their statuses, and they slowly come to love each other. The societal obstacles that was placed in their affair was first the distrust and the low opinion Elizabeth had of Mr. Darcy but when they overcame that Lady Catherine became another problem. Lady Catherine is a very wealthy, powerful, and respected lady within all of England and even has a place in the royal court. She objects to the union between Mr. Darcy and Elizabeth she plans to marry off her daughter to him. But in the name of love Mr. Darcy outs that all aside and marries a girl who is inferior to him. Jane Austens graceful narrative style was uncommon in her time. The time in which she wrote such an entertaining yet inspiring novel was a period in literature that mainly consisted of emotional excess, flowery wordiness, and many biblical allusions. Pride and Prejudice is written in a prose without containing one superfluous word and it also frequently breaks into dialogue that are very lively and very revealing of characters. In some of the passages the Austen enters the mind of some of her characters; though usually it is in the mind of Elizabeth because she is the main character of the novel, and it is there she will reveal her characters capacity for humor and self-criticism. Much of the novel is filled with dialogue that is important because they explain the true nature of the characters for example If he had had any compassion for me, cried her husband impatiently, he would not have danced half so much! For Gods sake, say no more of his partners. O that he had sprained his ankle in the first place!' (Chapter 3) Mr. Bennet does not really wish bad fortune on Mr. Bingley but is instead is trying to express that he has had enough with his wifes insufferable attitude. This way of revealing a characters character usually gives the Jane Austen used many techniques when writing Pride and Prejudice but one she used most frequently is creating characterizations. In any passage Austen uses direct narration to describe the background to the reader, but we also learn about the characters from what they do, how they act, and what others say about them. She is probably best known for her ability to capture characterization through what characters say and HOW they say it. Â  Pay attention to vocabulary and diction, syntax, sentence length, subject matter, and tone of voice. Â  If you focus on scenes of conversation as you review the novel you can really see how a character is different from one scene to the next. For example, the way Elizabeth speaks with Jane is very different from the way she speaks with the Bingley sisters, but both scenes serve to illuminate her character. She is open and honest with Jane, but reserved and brisk with the sisters. Â  This difference reveals a lot about her character. Each conversa tion she has reveals more facets of her character!

Platos Apology And Charges Against Socrates Religion Essay

Platos Apology And Charges Against Socrates Religion Essay In the Socrates Apology, the Socrates is charged against the following: First thing that Socrates is charged against by the jury is his refusal to believe in gods whom the state believes in. Second charge is being responsible for teaching people to disbelieve the gods. Socrates is thirdly charged for corrupting the young by infusing in them the spirit of criticism. Final charge which Socrates is accused of is that he does wrong by speculating about the heavens and things beneath the earth as if he is a scientist and by making weaker reasons to be stronger thus acting like sophist. He studies things in the heavens and below the earths Socrates is an accused of being an evildoer person who is curious and walking in the air searching things that are under the earth and those in the skies thus he is identified by the jury as being a natural philosopher and according to the society of the time now termed as archaic or originary societies people are able to make sense of both the world around them and even of themselves through telling of stories that relate to gods and therefore making such gods to be fashions who are responsible fro ruling the world. Therefore by Socrates undertaking curios studies of things in the heavens that may refer to gods that people worship and things on the ground probably the people themselves makes him an evildoer because what he does is in opposition to the traditional belief of the people of the land where gods were believed to be divine and no body was supposed to investigate and question on them in any way (Brickhouse Nicholas, 2004). He makes the worse argument into the stronger (better) argument In this charge Socrates is accused using his oratory skill to persuade people in there society and make them adopt and believe in his point of view despite the fact that he knows little or nothing of what they are talking about. He is very ignorant of the subject he teaches people and that makes him to be considered a sophist an individual who go from city to city training people especially the youth in order to gain political powers thus becoming un trusted by many people of the society. Therefore Socrates is liable to be charged of being a sophist an act distasted by the members of the society. Socrates claims that the oracle at Delphi is responsible for his behavior as he thinks he is the wisest man based on the fact that he recognizes that he knows little of worldly things and given the fact he knows that he knows nothing make shim the wisest a claim which most of the people knows is wrong. In his defense Socrates say that he does no consider himself an orator in any way and unless it meant speaking the truth and honestly about what he knows. He defense himself from using his oratory skill to argue out weak arguments thus making then better and hence making the youth in the city to belief in his ideas and belief which are not based in any knowledge. He is guilty of corrupting the young In addition to the above charges Socrates is also charged with corrupting the minds of the young members of the society who are easily convinced to believing in appealing things and issues. This charge is based on the idea that Socrates cunningly uses his oratory skills to persuade the young into believing in his ideas which were based on his ignorance rather than on knowledge. Socrates is accused of going around in the society telling youth why they should not belief in gods which the society belief in and regards as divine and by teaching them that sun was a hot rock instead of Apollo thus he is to be helped responsible for corrupting the minds of the young in the society. This accusation is based on his sophistic beliefs that make shim to emphasize on rhetoric and reason, become skeptical on issues regarding knowledge and morals and finally that he takes payments fro his teachings which serve to corruption the youth in the society (Reeve, 1989). In defending himself against the charge that he has corrupted the young Socrates claims that he has never been a teacher in a sense that he can impart knowledge to others therefore he can not be held responsible for citizens who becomes corrupted. He goes further to challenge the jury that if he really made any one adopt bad behaviors why is it that none of them had come out to be a witness, or equally the same why there was none of the relatives of the corrupted youth to testify against him? Socrates concluded his defense by saying that since no one has come out to accuse him of the change that the jury is accusing him he can attest to the fact that many of the relatives of the youth in the city associates with him and in fact they where in the courtroom to support him. To complement his defense against corrupting the youth Socrates claims that he is a Gadfly that constantly agitates the horse preventing it from becoming sluggish and from sleeping thus considering himself as blessin g to these youth rather than a corruptor (Hackforth,1933). He does not believe in the gods of the city Final charge which Socrates is accused of is by not believing in the gods that the city considered divine and worshiped. The people in the city derives their political powers from gods who in turn regard themselves as divine as they consider themselves empowered by these gods as they can trace themselves and their ancestry to their gods. Thus people in the society dont care what one believe in but its a mandatory requirement that everyone in the society gives due honor to the gods of the city which they lived in failure to which is considered treason as it undercuts the authority and legitimacy of the ruling regime. Therefore by Socrates having being initially accused of natural philosopher, he is also accused of refusing to believe in gods of the city thus legitimizing the acclaimed rulers of the city and all those who ruled in the past. By Socrates curiously investigating on gods and regarding the sun as a hot rock instead of regarding it as Apollo makes him an offender in the soci ety who is liable to be judged by the jury for refusing to acknowledge the city gods and the divine emperor (Brickhouse, 1989). During his defense against the charge of not believing in the gods that the city believed in he claims that people have misunderstood his true activity and relates to the Delphic oracle where he was told that he was the wisest of all men despite having known himself as an ignorant person. But after testing the Delphic oracle to find a wiser person among the politicians,poets and craftsmen he never got one making the wisest as he was aware of his ignorance unlike other who though they wise but were not and that is why he never belied in the gods that the less wise leaders believed in. He finally catches his accuser by offering contradictory explanation that he is not a person capable of believing in false gods thus becoming an atheist but also he cant allow himself to belief in divine things that will render him an atheist also. Generally Socrates argues that al the charges he is accused of are all false and that such charges were brought by his enemies who had ulterior motives and most probably such motive have nothing to do with searching for the truth or for the good neither for the Athenians nor the sate therefore the jury should not be treating him as criminal who had corrupted the minds of the youth and an atheist ,he should be accorded respect an honor of a hero who has served nothing more than helping his society (Reginald, 1980). Based on the knowledge obtained from the jurys accusation dreaded against Socrates as well as from the defense the accused has given concerning the charges he faces as well as the rule of law of the state I find Socrates not guilty. My verdict is based on the fact that the jury has heavily and solely relied on the prevailing laws which do not sufficiently find Socrates an obvious violator of the law. Fr instance his changes regarding corruption of the youth in the society does not present sufficient witnesses who can attest to his violations of the law and the he was acting upon his belief which the law does not prohibit any one from believing in what they want to. Based on his defense on refusing to belief in the gods of the city he doesnt break the law has he has the right to belief in what he wishes to therefore the implied effects of spreading his doctrines and ideas lacks a basis of argument as non of his supposed student have caused ant trouble as it regards to the authority and legitimacy of the state leaderships. Finally given that Socrates who could have otherwise fled and saved his life his decisions and actions though out his trying has shown that he is not a person guilt of what he does and therefore does portrays a citizen who expects to be charged justly and family by the states thus implying that he is probably a person of decent character and stable principle which should be respected by the state.

Encounter Between the Hawaiians and Captain Cook Essay -- History Hawa

Encounter Between the Hawaiians and Captain Cook The arguments of Marshall Sahlins and Gananath Obeseyekere with regard to the cross-cultural encounter between Captain Cook and his men demonstrated different viewpoints and beliefs pertaining to whether or not Captain Cook and his men were perceived to be gods by the Hawaiians. Sahlins and Obeyesekere based the validity of Cook’s deification on several factors that will be focused on below. They both used the physical aspects of Captain Cook in relation to his being perceived as a god or not by the Hawaiians. Sahlins and Obeyesekere argued that the light color of Cook’s skin, his having a physical, human form, the different language that he spoke, his cleanliness, and thinness played a role in how the natives perceived Cook. Sahlins and Obeyesekere also discussed the question of whether or not Cook’s arrival occurred during the Makahiki festival and how this would have affected the views of the natives. The natives could have paralled Cook’s visit with th e return of Lono during this festival, or they could have found to many discrepancies between their beliefs and what they actually observed to believe that Cook was Lono or even a god at all. Both men also attempted to determine whether or not the natives viewed Cook as a god using their own theories of how the Hawaiians thought. Sahlins held the belief that the natives perceived Cook and his men to be gods using his theory of stereotypic reproduction. He defined this theory as a â€Å"society replicating past structures by fitting in present events into pregiven categories†.1 On the other hand, Obeyesekere believed that this wasn’t so, arguing with his theory of practical rationality, which he defined as the common, biological cha... ... Think: About Captain Cook, For Example (The University of Chicago Press, 1995), 245. 2. Gananath Obeyesekere, The Apotheosis of Captain Cook: European Mythmaking in The Pacific (Princeton University Press, 1997), 19. 3. Gananath Obeyesekere, The Apotheosis of Captain Cook, 61. 4. Gananath Obeyesekere, The Apotheosis of Captain Cook, 63, 64. 5. Marshall Sahlins, How "Natives" Think, 6, 8. 6. Gananath Obeyesekere, The Apotheosis of Captain Cook, 65. 7. Marshall Sahlins, How "Natives" Think, 171. 8. Marshall Sahlins, How "Natives" Think, 77. 9. Gananath Obeyesekere, The Apotheosis of Captain Cook, 59. 10. Marshall Sahlins, How "Natives" Think, 32, 33. 11. Marshall Sahlins, How "Natives" Think, 227. 12. Gananath Obeyesekere, The Apotheosis of Captain Cook, 61. 13. Gananath Obeyesekere, The Apotheosis of Captain Cook, 64.

Corruption of the American Dream in Fear and Loathing in Las Vegas Essa

The idea of the American Dream is it began as an idea people could thrive from, but became detrimental through corruption. Society’s necessity for material goods and money for personal happiness distorts the American dream. One’s morals will be compromised once one decides to live a life for the sole purpose of following a corrupted ideal. In Hunter S. Thompson’s literary work, Fear and Loathing in Las Vegas, his viewpoint of the American Dream is expressed. Fear and Loathing in Las Vegas, written by Hunter S. Thompson, expresses the decline of society’s morals due to materialistic needs. Thompson proves through symbolism and characterization that society‘s corrupted perception of the American Dream provokes an individual’s morals to decline. Las Vegas symbolizes the American Dream and shows the corruption of society. When Duke and his Attorney, Dr. Gonzo, are at the Merry-Go-Round Bar, Dr. Gonzo expresses that the counter-culture of Las Vegas is getting to him. Duke struggles to accept what his Attorney says because he desires the Las Vegas lifestyle. Duke explains to Dr. Gonzo that they cannot leave Las Vegas, â€Å"†¦we’re right in the vortex [and] you want to quit†¦.you must realize...that we’ve found the main nerve’† (Thompson 47-48), but Dr. Gonzo has already realized â€Å"†¦that’s what gives [him] the Fear† (Thompson 48). Duke and his Attorney thought that once they were in Las Vegas, the American Dream would be remarkable; but they realize that the American Dream is not magnificent, there are downsides to it. Witnessing how society acts in the â€Å"main nerve† of the American Dream, Dr. Gonzo is stricken with fear because he knows the American Drea m is not benefitting him. When Duke looks back at his memories of his journey in... ...ollow a path of destruction hindering one’s life. Works Cited Riedel, Luther. "Fear and Loathing in Las Vegas: A Savage Journey to the Heart of the American Dream." Bloom's Literature. Facts On File, Inc. Web. 2 Mar. 2014 . Ross, Michael E. "IN SHORT: NONFICTION." New York Times, Late Edition (East Coast) ed.Aug 14 1988. ProQuest. Web. 2 Mar. 2014 . Self, Will. "Hell, High Water and Heroin: On the Trail of a British Gonzo Journalist to Compare with Hunter S Thompson." New Statesman 10.445 (21 Mar. 1997): 46-47. Rpt. in Contemporary Literary Criticism Select. Detroit: Gale, 2008. Literature Resource Center. Web. 2 Mar. 2014. Thompson, Hunter S. Fear and Loathing in Las Vegas: A Savage Journey to the Heart of the American Dream. New York: Vintage, 1998. Print.

Child Language Acquisition Essay

Linguistically, both of these infants are at different stages of their language development. The lexical choices made by each child can show what stage they are at in developing their language and applying it to situations and conversations. Sophie’s use of the word ‘Bissie’, meaning biscuit shows that she hasn’t quite been able to pronounce the sound therefore makes an alternative word up that sounds similar, that is understandable by the child’s carer/parent, but is easier to say than ‘biscuit’. Other lexical choices Sophie uses, tend to be commanding words, such as ‘me want’ ‘No’. As the child is young, she realises to get what she wants; she has to ask for it and by using the commanding words, she is airing the fact that she wants something to her parent/carer. According to Halliday’s functions, this language is regulatory, as well as being instrumental. She is controlling the behaviour of others (telling Fran that she doesn’t want to tidy the dolls house) and she is obtaining material needs (wanting a biscuit). Katharine has grasped the concept of pronouns. She uses the personal pronoun ‘I’ to refer to herself ‘Now I’ll do Jason’, and she can even use ‘we’ as the collective term for her and her mum together ‘We do Jason again shall we? ‘ Sophie’s sentences have basic structure to them, as she voices what she needs to say, in the simplest way to say it. They are quite short, and to the point. Her language acquisition is at the stage where she knows how to communicate, speak and use words in a simple sentence to voice what she wants. ‘Mary come me’, meaning ‘Can Mary come and play with me’, is a very simple form of the sentence, but still communicates to her mum what she wants to do. She uses ‘me’ instead of ‘I’ to refer to herself. This confusion of pronoun usage is common among young children. Some of the words she uses, she omits the prefixes of the sounds, such as ‘nother’ instead of ‘another’. This makes it easier to say, and shortens what she says. Katharine on the other hand, who is involved in an activity, is communicating with her mum using more structured sentences. Her mum is constantly questioning what she is doing (Skinners theory of reinforcement and imitation (response)) ‘Where’s his body? ‘ then Katharine replies; ‘Dere’s his legs, touching his mouf’. The pronunciation of the words isn’t as important as the fact that she is constructing sentences and answering questions herself. A word such as ‘there’ has a consonant cluster at the beginning which is hard to say for young children, therefore they change the pronunciation, so it still sounds like ‘there’ but is easier to pronounce. She understood the question her mum was asking, and actually understood it was a question, maybe because of the intonation her mum would’ve had in her voice. This shows that she is capable enough with language to turn take, in a small conversation with her mum, talking about a subject/activity. This shows that her language acquisition is slightly more advanced than Sophie’s, as Sophie doesn’t turn take, she doesn’t answer questions either, she asks them and is at the stage of using ‘why’ as a questioning word. Sophie’s conversation with her mum doesn’t flow like Katharine’s, it is full of statements and commands rather than a question – answer structure. Turn taking is apparent in both these conversations as the parents are initiating the conversation and getting the children to talk, causing no interruptions. Sophie’s utterance lengths are longer than Katharine’s on average, but the fact that Katharine is involved in an activity has an affect on her utterances, due to concentration. Comparing the utterance lengths, Katharine’s are more advanced with the syntax structure, as her sentences make more grammatical sense than Sophie’s. This doesn’t make Sophie incorrect in her structure, she is just at a different stage of language acquisition than Katharine, and she is in the middle of developing her sentences. Age isn’t a factor in language development, as every child is different. Katharine’s mother uses tag questions, such as; ‘isn’t it? ‘ This encourages Katharine to answer her mum. Katharine does also use tag questions herself, to get a response from her mum, ‘shall we’. She has probably learnt how to use tag questions from listening to the way her mum speaks. This is quite advanced for a child as it shows they use a different way of getting a response, rather than just saying ‘why’ or using commands. She also uses encouraging sounds, which is back channel behaviour; ‘uhuh’ and ‘mmhu’, to show she is listening and taking in what Katharine is saying. Sophie’s carer/parent however doesn’t use tag questions and neither does Sophie. The conversation between the child and parent/carer is very simple and uses statements rather than questions, encouraging Sophie to talk. It is just a short conversation, with Sophie controlling it, rather then the parent/carer trying to encourage her to talk and say things. Of course, the pragmatics behind the conversations are for the parents/carers to get the children to speak and further their knowledge and understanding of the language. It is merely to get them to practice speaking, so they acquire language. There is a large difference between the two conversations, as they are in different environments (the contexts are different), with the children taking part in different situations. This is a factor which affects their language use and the way they use it in the context. After considering all of the factors to do with both conversations, I have come to the conclusion that Katharine is more linguistically developed and seems to be at a more advanced stage of language acquisition than Sophie. Katharine has a wider knowledge of the language and applies it to a conversation better than Sophie, as her sentences are constructed better and flow well.

Evangelism Paper Essay

Over the last few months one has to mention an undeniable fact: the church of tomorrow must be reached different than the church of yesterday. Through readings, lectures, and field trips, it has become evident that something different must begin to take place if the church is going to be able to reach the present and future generations. We must become creative in our evangelism if we wish to reach this culture. It is essential to be up to date technologically and even socially. A pastor who falls behind in the social atmosphere around him will lose touch with his or her people. If we are to reach these people as individuals, the pastor cannot be expected to â€Å"do all the work.† â€Å"A clerical ministry will not penetrate this age, but the priesthood of all believers can† (Maddix). That is, we must teach the laity of the church to reach out spiritually and socially to their neighbors, friends, and especially each other. According to Bonhoeffer, the meaning of the statement â€Å"Christianity means community through Jesus Christ and in Jesus Christ. No Christian community is more or less than this†¦we belong to one another only through and in Jesus Christ† is threefold: â€Å"first, that a Christian needs others because of Jesus Christ†¦second, that a Christian comes to others only through Jesus Christ†¦third, that in Jesus Christ we have been chosen from eternity, accepted in time, and united for eternity† (21). The transformation of members into ministers will spark great growth within the church. In the midst of this, it is essential to remain biblical. The Scripture must always be taken seriously, never downplayed, in an effort to reach someone. We must recognize that we are a body of believers and that, according to Wesley, there is no such thing as solitary religion. Whether Christ is the first thing out of our mouth or not, we must be passionate about Christ before we will be able to reach these generations. We can become passionate by focusing on Christ and focusing on those who are not yet followers of Christ. A passion for the lost is essential in evangelism. Two of my closest friends had not been saved, and my heart felt great pain and anguish knowing that if everything ended right then, I would be without them for eternity, and more importantly, they without God. We must also focus on sin, not avoiding it so as to attract people. A seeker sensitive church will die if sin in not recognized. Evangelistic decisions are the most powerful catalyst for change and growth in a church and pastor. As such, we should know our purpose as a church and embrace it. I will focus on st paul’s lutheran church. In tandem with many other churches, St. Paul’s indeed has an official membership list that includes many people who have left the congregation. However, around 75 adults have attended or made a contribution to some extent to St. Paul’s over the past year, along with 12 children and 3 teenagers. Pastor Nadine’s yearly salary is $15,500. If we are to create a church, we must begin with a strong foundation. According to Rick Warren, â€Å"If you want to build a healthy, strong, and growing church you must spend time laying a solid foundation. This done by clarifying in the minds of everyone involved exactly why the church exists and what it is supposed to do† (86). First, a clear purpose builds moral. The moral of a church will be much higher if they know why they exist. Second, a clear purpose reduces much frustration. We are helped to put aside the petty things and recognize what we are not seeking to do. A clear purpose within a church allows for concentration. The more focus a church has, the higher impact it will have on the people around it. If focus is lost, therefore, the impact of the church will be negligible. It is also vital not to flood the church calendar. The goal of the church is not to overwhelm its people, but to quench them. Tradition should never stand above excellence within the church. If an event or tradition is now failing, it should probably be removed. Chances are that new traditions could be started that could have a much great impact on both the church and the people in the neighboring areas. Programs should never be started if they do not run in line with the purpose of the church. So, just because a program may seem to be well-intentioned and may even have well affects on the church, that doesn’t mean those affects are furthering the purpose of the church. Serious setbacks could occur in this manner. When beginning new ministries within the church, the pastor or initiator of the idea must not stand alone in developing it. At this point delegations need to be made to people who are trustworthy and effective. They must know their duties or the ministry will fail. A clear purpose also attracts cooperation. We must make sure members understand the purpose of the church so they can be comfortable with what is being taught and what ministries are taking place. Someone who is out of touch with the purpose of the church may begin to feel excluded and angry that things are not going as they â€Å"should.† Some people may transfer to a church with a set purpose and have their own ideas about ways things should be done based on their past experiences. These people must not be part of the decision making processes of the church in terms of its purpose. As the rest of the congregation has already committed to the purpose, changing it now would be quite unhealthy for the church. Finally, having a clear purpose for the church makes it easier to evaluate the growth and success of the church. With clear goals having been set, it is easy to look and see what has and has not been accomplished (Maddix,). Once these purposes are established, it is important to organize around them. In doing so, there are five basic purpose-driven church types as outlined in lecture. First is the Soul Winning Church. The pastor is the evangelist and the primary goal is reaching the lost. Second is the Experiencing God Church. This church focuses on experiencing the presence and power of God in worship. The third type is the Family Reunion Church. The primary focus here is fellowship. The pastor is usually very relational, loving and spending time with his people. The next type is the Classroom Church. Here the pastor is primarily a teacher. The sermons will almost always include taking notes. I would place most of the Nazarene churches I have attended in this category primarily. The final type is the Social Conscience Church. The pastor is seen as a prophet or reformer. The church is primarily concerned with changing society- â€Å"doers of the Word.† With all of these available, it becomes essential to produce a good balance. These purposes must still be applied further. We should work to constantly be working to assimilate newcomers if we wish to keep them as a part of the church. To do this the church must be prepared for newcomers with its Greeter/Usher ministry as well as its care ministries team. A follow-up on newcomers almost always lets them know that they were noticed and are cared about. At least a few contacts should be made in the first week whether from the pastor directly or from care team members. The programs within the church must be relevant to the purpose of the church, as stated before. Programs should be servants to the purpose. Also reiterated, is that the people must be educated as to the purpose of the church. If people know the purpose, they will begin to live according to the purpose as evangelists, worshipers, disciples and ministers. Small groups have become on the most successful ways of reaching out to the present generations. These groups can be seeker groups which meet away from the church in a home or for an activity. The purpose of seeker groups is develop relationship with the lost. Disciple/Growth groups are great for Christians of all maturity levels, but especially for the new Christian. Support groups such as prison ministries, divorce, alcohol and drug recovery groups are widely accepted and appreciated by the community, helping others and their families. If at all possible, staff should be built around people from within the church. Anyone brought in must be extremely likable and hold a similar missional view for the church. There should be mission teams, music teams, membership teams, maturity team, and ministry teams as part of the church. With each owning a specific purpose within the church, no single one is being emphasize, and no one is being left out. The pastor should preach according to the purpose of the church. This should be how the church grows to accept and believe in its purpose. The priorities of a church are easily seen through its budget and calendar. The budget should be scheduled wisely and in ways that directly impact the purposes of the church. The purposes of the church must also show up on the calendar. If they are not there, they will not succeed. Finally we should evaluate our church purposefully. Our standards should be set on how well we achieve our purposes. It is also quite important to recognize the significance of vision for the church. Vision is defined as â€Å"my understanding of what God wants done in the place where he has placed me.† If the vision of the pastor is not accepted by the majority of the congregation, it should probably be reevaluated. In some cases the church itself may be quite ill and not really understand what it needs. A slow movement in the direction is the only way to help such churches turn themselves around. Without a vision, the church has nothing to aspire to. As Proverbs 29:18 says, â€Å"Where there is no vision the people perish.† A can be worn down over time if it lacks vision. Specific goals set for the church keep members active in their faith and daily activities. Vision, like purpose, must be passed on to the congregation through passionate messages from the pastor. Such vision must also inspire the pastor to live accordingly as an example for his congregation. If the people don’t know or understand the vision of the church and the pastor, then the pastor isn’t doing a well enough job communicating it. Vision must not attempt to go beyond the reasonable means of the church. The gifts and talents of the pastor and the congregation limit the vision of a church. This factor of vision is just the first of nine factors that are nearly always present in growing churches. The second factor is evangelism. Because God intends his church to grow, all members of the church body are to be evangelists. Congregation must acknowledge that they have to go outside to evangelize, not sit comfortably within the walls of the church. Thirdly is the maturation factor. The church must develop leaders through the maturing of their faith. Fourth is the worship factor. People must know that worship is key to our faith, for we were created to worship God. Sjogren’s Power Principle #7 states that your style is not the key to success, so although your church will be identified by your worship style, God comes into your midst, not because of worship style, but because hearts are hungry for the presence of God. Fifth is the preaching factor. Preaching must be done in a way that leads the congregation to understand the faith of the pastor. Television and computers have changed the way people expect to be informed at church. According to Rainer, the unchurched want a pastor who is â€Å"real† and is a person of conviction; they want a good communicator and a good leader. Furthermore, they want to hear preaching that teaches the Bible and applies to their own individual lives.† Leadership, giving, mission, and the birthing of new ideas finish of the list of factors for church growth. Leaders must be strong and confident, giving must be done sacrificially, and people must have a world view of missions. Turning attendees in members into ministers is the encompassing purpose in a church’s discipleship program. If members can be made who possess a serious passion for the lost, then a church is well-on its way to long-term success. In our recent trip to the Seattle area, we experienced several churches which had great outreach success. Mars Hill church was by far the most successful. It was obvious because of the size of the church (running c.500), as well as the specific focus and outreach. With hundreds of small groups and a target audience of 16-35, Mars Hill represents a successful outreaching church. Other churches showed their weaknesses within pastoral staff and mixed traditions as compared to the vision and purpose of the church. Bibliography Hunter, George G. III. The Celtic Way of Evagelism. 2000, Abington Press, Nashville, Maddix, Mark. Class Lectures, Spring 2005. Northwest Nazarene University, Nampa, McLaren, Brian D. More Ready Than You Realize. 2002, Zondervan, Grand Rapids, . Warren, Rick. Purpose Driven Church. 1995, Nelson Books, Nashville, TN.

Arab-Israeli War of 1973 Essay

The Arab-Israeli War was an armed conflict initiated by the Arab nations of Egypt and Syria against Israel on October 6, 1973 in an effort to reclaim territories that Israel had controlled since the Six Day War of 1967. The date holds special significance to the Jewish calendar, being Yom Kippur, hence this war is also known as the Yom Kippur War. Though Israel was caught by surprise and experienced severe losses during the war, assistance from the United States military led to a cease-fire less than three weeks later. In the aftermath, Israel retained its territories and its aftermath had far ranging effects on the geopolitics of the Middle East. First, the victory of Israel had an uplifting effect on its population. Its military had been seen to have grown largely complacent following the Six Day War. However, despite initial defeats, they managed a successful turnaround of the Yom Kippur War’s outcome. As such, despite the surprise advantage of Egypt and Syria they had regained the upper hand in less than two weeks, though at a high cost in casualties. In effect, Israel woke up to the reality that their military supremacy in the region was not absolute. (Rabinovich 498) Second, by granting support to Israel, the United States invited the ire of oil-producing Arab states. This manifested itself in the actions of Saudi Arabia, which not only reduced its oil production but declared an embargo against the United States. Saudi Arabia was later joined by other oil-producing Arab states and together they extended their embargo against other import dependent nations in Western Europe as well as Japan. The result was the 1973 energy crisis that sent oil prices spiraling past $60 per barrel and close to $100 per barrel in 1979. (Smith 329) Third, on the geopolitical front, enemy states of Israel concluded in the aftermath that they could not defeat it by force, and thus turned towards diplomatic tactics in antagonizing it. The effect was that many African and Third World nations, under pressure from the Arab states, broke their diplomatic ties to Israel. Works Cited No author. â€Å"The 1973 Yom Kippur War. † Anti-Defamation League, 1999. Retrieved September 24, 2008 from: http://www. adl. org/ISRAEL/record/yomkippur. asp Smith, Charles. Palestine and the Arab-Israeli Conflict. New York, NY: Bedford, 2006. Rabinovich, Abraham. The Yom Kippur War: The Epic Encounter That Transformed the Middle eAst. New York, NY: Shocken Books, 2005. Rabinovich, Abraham [2005]. The Yom Kippur War: The Epic Encounter That Transformed the Middle East. New York, NY: Schocken Books. ISBN 0 8052 4176 0. Charles D. Smith, Palestine and the Arab-Israeli Conflict, New York: Bedford, 2006, p. 329.

Bw/Ip International, Inc Case

Valuation of Corporate Finance BUFN 750 BW/IP International, Inc 1? BW/IP is a good candidate for the leverage buyout. * Steady cash flow (around 30 million per year). * Strong management team. * Positive NPV (about 61. 5 million) The NPV of BW/IP is 61. 5million(301-239. 5). Thus, we are quite optimistic about this BW/IP’s project. Calculating the NPV. Method: APV: VL=VU+PV (ITS). We can get the interest paid schedule from the BW/IP’s projected operating performance, which means there is a pre-determined interest paid to debt holders.Assumption: Tax rate: 38%. From 1991 to 1993, the tax rate remains to be constant, which is 38%. And we assume that the tax rate will continue to be 38%. Exhibit 1 shows the process of calculating tax rate: Growth rate:We assume the project will last for infinity, and grow in perpetuity after year 1992. And we use the average annually growth rate from 1990 to 1993 as our perpetuity growth rate, which is 2. 3%. Change in NWC:We subtract cas h from NWC provided in the case and we get the adjusted change in NWC.The calculation is presented in Exhibit 2. Discount rate:Typically, the investment horizon of a common leverage buyout range from 5 to 10 years, so we use the ten years treasury yields, ending at 1987 as the risk free rate, which is 8. 79%. For the market return, we use the S&P 500 index in 1980s, which is 12. 79%. Thus, we can easily get the risk premium. Exhibit 3 shows the process of calculating discount rate. Tax shields:Giving the interest paid schedule, we can figure out the tax shield each year from 1988 to 1993 at the tax rate of 38%.Discount rate: with a pre-determined debt and interest paid, we should use the cost of debt to get the present value of interest tax shield, because the risk of tax shield is moving together with the risk of the loan (debt), instead of the total assets. We assume the corporate borrowing rate is the same with BBB long-term bond, which is the cost of debt, 10. 63%. Thus the pres ent value of tax shield from 1988 to 1993 is 31. 91. We assume perpetual debt from the year 1994, and the same growth rate, which is 2. 3%. Exhibit 4 shows the processing of calculating tax shields.The FCF is presented in Exhibit 5. Sensitivity Analysis for BW/IP is presented in Exhibit 6 2? We favor the proposed acquisition of UCP. The primary sources of value in the transaction include: * Low capital or cash requirement UCP is a small firm, which would require additional borrowing by BW/IP of only 13 million. * Synergy and efficient gains. UCP’s product line complemented BW/IP’s extremely well because UCP’s most attractive feature was its installed base in the petroleum industry and together they would have the largest installed base in the petroleum segment. Improved management Takeover can improve management because interest and principal payments can force management to improve performance and operating efficiency. The proposed price is reasonable, because it is higher than the levered value of the project, which is 48. 17. Method: APV: VL=VU+PV (ITS). Assumption: Tax rate: Tax rate=38%, which is the same as the tax rate for BWIP. Growth rate: We use the average annually growth rate from 1991 to 1993 as ourgrowth rate,which is 6%. Discount rate: We use the ten years treasury yields, ending at 1988 as the risk free rate, which is 9. 4%. Exhibit 7 shows the calculation of Vu Exhibit 8 shows the calculation of PV(ITS) Sensitivity Analysis for UCP/IP is presented in Exhibit 6 3. How do the various features of the BW/IP buyout affect the company’sdecisions about long-horizon opportunities such as the UCP acquisition? What are the advantages and disadvantages of the 1987 buyout, viewed as afinancial program? After the buyout, BW/IP became a privately owned company which was less dependent from Borg-Warner Corporation than before in decision making.For the opportunities that the managers favored, such as the UCP acquisition, the compa ny had more chance to carry on the deal. However, for the case in which larger amount of financing is required, the company may not be competitive enough without Borg-Warner’s financial support. The buyout could generateda better and a more efficient management, by changing the corporate structure (including modifying and replacing executive and management staff, unnecessary company sectors, and excessive expenditures), BW/IP can revitalize itself and earn substantial returns.However, since the 1987 buyout is highly leveraged, the new company has a high debt-to-equity ratio, which means the company needs to achieve required return to pay the cost of debt or faced the chance of bankruptcy. Besides, the leveraged buyout is also considered to be a risky project, which may be easily affected by economics environment. The chance of success tends to be larger under steadily growing economy, while smaller in recession periods. 4. As one of BW/IP’s bankers, would you approve t he company’s request for a waiver of covenants and financing of the UCP acquisition?Yes. A banker will not approve to finance a project unless he has confidence in the profitability of the project and in that he can get his money back. The projected NPV of the UPC deal is 48. 17 million dollars, which is far bigger than the offer 18. 5 million dollars. To analyze this qualitatively, the expected success of the UCP acquisition comes from several aspects. Undeniably, the economic and industrial forecast is against financing a risky project . However, the deal will generate positive synergies since UCP’s product line complemented BW/IP’s extremely well.BW/IP will raise its competence in both original equipment and aftermarket sector domestically as well as internationally after acquiring UPC. Besides, as mentioned in the case, the good credibility of Mr. Valli and his team and that C&D’s principals were experienced and respected in the financial community wi ll affect bankers’ attitude. Exhibit 1: Tax rate | 1987| 1988| 1989| 1990| 1991| 1992| 1993| EBT| -9. 56| -0. 001| 8. 91| 12. 95| 17. 31| 19. 49| 23. 57| Income tax| 2. 8| 0| 0| 3. 61| 6. 58| 7. 41| 8. 96| Tax rate| -29%| 0%| 0%| 28%| 38%| 38%| 38%| Exhibit 2: Change in NWC AR| 58. 68| 53. 1| 51. 69| 55. 08| 59. 11| 63. 6| 67. 91| 72. 54| INV| 58. 5| 58. 39| 60. 72| 64. 66| 69. 57| 75. 46| 80. 29| 85. 53| Other current asset| 3. 91| 3. 49| 4. 42| 4. 7| 4. 99| 5. 31| 5. 64| 5. 99| AP| 15. 78| 18. 12| 19. 73| 20. 94| 22. 32| 23. 78| 25. 19| 26. 69| Other current liabilities| 14. 92| 17. 29| 15. 19| 16. 12| 17. 1| 18. 23| 19. 36| 20. 56| NWC| 90. 39| 79. 57| 81. 91| 87. 38| 94. 25| 102. 32| 109. 29| 116. 81| Change in NWC| | -10. 82| 2. 34| 5. 47| 6. 87| 8. 07| 6. 97| 7. 52| Exhibit 3: Cost of capital Cost of capital| 17. 5%| CAPM| Rf| 8. 79%| Exhibit 7 | ?a| 1| Hint| Market return| 12. 79%| S&P 500 index in 1980s| Risk premium| 4. 00%| |Exhibit 4: Interest tax shield | 1988| 19 89| 1990| 1991| 1992| 1993| Total interest paid| 0. 63| 1. 75| 1. 66| 1. 51| 1. 4| 1. 22| ITS: tax [email  protected]%| 0. 24| 0. 67| 0. 63| 0. 57| 0. 53| 0. 46| Cost of debt 10. 63%| | PV (ITS) 1988-1993| 31. 91| PV (Terminal value)| 37. 1| Total PV (ITS)| 69. 00| Exhibit 5: Free cash flow | 1986| 1987| 1988| 1989| 1990| 1991| 1992| 1993| FCF| | 39. 37| 26. 8| 24. 62| 24. 11| 24. 57| 24. 72| 25. 8| Growth rate| 2. 3%| Terminal Value| 270| VU| 232. 89| PV (ITS)| 69| VL| 301. 89| Exhibit 6: Sensitivity analysis for BW/IP * Buyout| | * NPV| * % change of NPV| * Growth rate| * 0. 00%| * 32. | * -47. 91%| | * 2. 30%| * 62. 39| * 0. 00%| | * 4. 60%| * 109. 5| * 75. 51%| * Discount rate| * 10. 79%| * 81. 5| * 32. 52%| | * 12. 79%| * 61. 5| * 0. 00%| | * 14. 79%| * 44. 5| * -27. 64%| * Cost of debt| * 9. 63%| * 64. 5| * 4. 88%| | * 10. 63%| * 61. 5| * 0. 00%| | * 11. 63%| * 59. 5| * -3. 25%| Exhibit 7:The calculation of Vu | 1988| 1989| 1990| 1991| 1992| 1993| EBIT| -1. 15| 2. 59| 3. 29| 3. 96| 4. 34| 4. 74| Income tax @| -0. 44| 0. 98| 1. 25| 1. 50| 1. 65| 1. 80| NI| -0. 71| 1. 61| 2. 04| 2. 46| 2. 69| 2. 94| FCF| | | | | | | Depreciation| 0. 48| 0. 6| 0. 99| 0. 90| 0. 84| 0. 84| Change in NWC| | | | | | | Change in AR| 1. 13| -0. 15| -0. 22| -0. 20| -0. 13| -0. 14| Change in inventory| -0. 36| 0. 68| -0. 21| -0. 18| -0. 12| -0. 13| Change in other asset| 1. 73| 0. 00| 0. 00| 0. 00| 0. 00| 0. 00| Change in current liability| 0. 27| 0. 18| -0. 01| -0. 35| -0. 04| -0. 04| Change in NWC| 2. 23| 0. 35| -0. 42| -0. 03| -0. 21| -0. 23| Capital expenditure| 0. 18| 1. 20| 0. 40| 0. 40| 0. 40| 0. 40| FCF| -2. 64| 1. 02| 3. 05| 2. 99| 3. 34| 3. 61| Growth rate| | | | -2%| 12%| 8%| Average growth rate| 6%| | | | | | Terminal value| | | | | 53. 15| | FCF| -2. 64| 1. 02| 3. 05| 2. 99| 56. 9| | VU| 40. 28| | | | | | Exhibit 8:The calculation of PV(ITS) | 1988| 1989| 1990| 1991| 1992| 1993| Interest | 0. 63| 1. 75| 1. 66| 1. 51| 1. 40| 1. 22| ITS: tax [email  protected]%| 0. 2 4| 0. 67| 0. 63| 0. 57| 0. 53| 0. 46| Terminal value| 2. 18| | | | 10. 01| | PV (ITS)| 7. 97| | | | | | Exhibit 9: Sensitivity analysis for UCP/IP UCP| | NPV| % Change of NPV| Growth rate:| 0. 00%| 14. 35| -51. 76%| | 6. 00%| 29. 75| 0. 00%| | 12. 00%| 278. 5| 836. 13%| Discount rate:| 10. 79%| 46. 5| 57. 63%| | 12. 79%| 29. 5| 0. 00%| | 14. 79%| 20. 21| -31. 49%| cost of debt:| 9. 63%| 30. 5| 3. 39%| | 10. 63%| 29. 5| 0. 00%| | 11. 63%| 27. 5| -6. 78%|

Cohn's Strategic Trade Theory Assignment Example | Topics and Well Written Essays - 750 words

Cohn's Strategic Trade Theory - Assignment Example There is a theory that describes this sought of setting called the competitive theory. As for the comparative trade theory, an example that can demonstrate the theory can be; take to countries which are both good at producing two products (Cohn, 171). For both countries, their resources are limited, and this means that they can only produce a limited number of goods. When one country increases the production of one product, the other product’s production is lowered. Each of the individual countries can produce either good, but for trade purposes, one country produces one product more efficiently while the other does the same to another product. This will lead to both trading and mutually benefiting (Comparative Advantage Theory) According to Cohn, there are certain theories that helped Japan become second to the United States. These theories provide an understanding of how Japan became successful. The theories are associated with the comparative advantage. They are; theory of production economies of scale, market power, learning by doing and the theory of externalities. According to Cohn, Japan realized the trade benefits of comparative trading (Gilpin and Jean, 78). Japan and the United States are two countries that are different.