Effects of quotas on importing and exporting countrys trade - Free Essay Example

Sample details Pages: 11 Words: 3419 Downloads: 3 Date added: 2017/06/26 Category Statistics Essay Did you like this example? LITERATURE REVIEW This chapter starts with a theoretical framework. It discusses what quotas are followed by the models showing the effects of quotas on importing and exporting countrys trade. A large body of literature attempts to predict the likely impact of removal of quotas on textiles and clothing. The results of these studies are included in this chapter. 3.1 Theoretical Framework There are many forms of protection in world trade. They include tariffs and non-tariff barriers. Tariffs, which are taxes on imports of products into a country or region, are amongst the oldest form of government intervention in economic activity. They are implemented because they provide revenue for the government and protect the domestic industry from foreign competition. Non-tariff barriers include voluntary export restraints, technical barriers to trade, and import quotas. The effects of all these tariff and non-tariff barriers on importing and exporting countries are almost identical. Don’t waste time! Our writers will create an original "Effects of quotas on importing and exporting countrys trade" essay for you Create order Quotas restrict the imports of specified products by setting a maximum quantity or value of goods authorized for import. Different types of quotas exist, such as global quotas, bilateral quotas, seasonal quotas, quotas linked to export performance, quotas linked to the purchase of local goods, quotas for sensitive product categories, and quotas for political reasons. In this context, quotas refer to the limits placed on the quantity of different categories of clothing (e.g. knitted T-shirts, sweaters, gloves) and textiles (e.g. knitted fabric, acrylic yarn, cotton fabric) that can be exported to the US, Canada and the European Union (EU). Under the ATC system, garment and textile-producing countries were assigned a maximum quantity that they could legally export to the US, Canada and the EU during a particular time frame. The quotas set by the ATC differed by country and per product. The allocation of quotas was generally based on historical export levels (Appelbaum, 2004). The quotas operated under the Agreement on Textiles and Clothing were originally introduced under the MFA. The main purpose of these quotas was that they were imposed only by specific countries, on exports from specific countries. Another purpose was that the importing countries allowed exporting countries to allocate the quotas. Quotas effects are not easy to understand since they are very complex and require a global perspective to be taken. To a better understanding of the effects of quotas on both importing and exporting countries can be gained from the use of, diagrammatic models. The first diagram model used here shows the effects of quotas on importing countries. Importing countries imposed quotas as a device for restricting imports than tariffs. This is because they are more predictable. They ensure that imports cannot exceed a certain amount, whereas, with a tariff, the precise effect on the volume of imports is uncertain, depending on the slope of the demand and supply curves. When the quota imposed the price of the product became OP* from OP. Sd + quota is the domestic supply curve with the quota added. Demand of the product falls to OQ3 because of the high price and domestic supply increases to OQ2. Imports, also falls, because of the quota constrained at Q2Q3 = WV. In case of importing country profit goes to the person who imported the product at the price OP and sell it on OP*, not to the government (area C in Diagram). If government auctions the quotas than importers have to buy a licence of the quotas to import the products, than the profit will go to the government. The main advantage of the quota is that domestic production increases because the imports decrease, however, consumption of the product also decreases. However, in some respects quotas are more damaging than tariffs for the importing country. Like quotas allocated on the basis of share of the importer in the market and once allocated, it is difficult for more efficient importers to import more if their quota has been already used up. To understand their effects on exporting countries it is important to distinguish between the prices of restricted and unrestricted markets. A simple diagram model can be used to present the basic economic implications of the MFA quotas for exporters (Figure 3.2). As in Kathuria, Martin and Bhardwaj (2001), the diagram is kept simple by basing it on the Armington Assumption, which states that the products produced by this group of exporters are not the same as the products of other countries. This assumption allows well-defined import demand curves to be drawn for quota-restricted products in the restricted country (DR) and in the unrestricted country (DU). The point where these two demand curves meet horizontally gives the global demand (DT) for the products of the restricted countries. In the absence of any quotas, as in figure 3.2, the price will be the same in restricted and unrestricted countries. In the unrestricted equilibrium represented in figure 3.2 the same price applies in both the restricted and unrestricted countries, because the restriction comes in figure 3.3. When quotas are introduced in restricted markets the quantity exported to those markets declines as shown in figure 3.3. The price received for exports to restricted markets increases from (PW) to (PR), because of the restrictions and the price received for exports to unrestricted markets declines from (PW) to (PU). The overall demand curve of country (DT) becomes steeper and less elastic. Because the original price of the output falls, the volume of output automatically declines. Whether static welfare increases or decreases depends on whether the net gain from quota rents in restricted export markets compared with the situation in figure 3.2, represented by the crosshatched area in figure 3.3 outweighs the losses in the vertically shaded area in figure 3.3. However, the overall effect of the ATC quotas on a countrys economy cannot be determined simply by the economic effects shown in figure 3.3, although it does provide a basis for evaluating the partial effects of quotas on all restricted markets. This model is thus inadequate for evaluating the overall impact of the quotas on a country because it does not take into account the effect of restrictions on other exporting countries. When restrictions applied to competing countries clearly increase the demand for exports from the country of interest, whether these restrictions are beneficial or not for any given country depends upon the importing countries, and on the relative magnitude of exports from each country. To predict the reallocation of textile and clothing production among developing countries, a simple Ricardian analysis suggests that a country will produce and export goods in which it has a comparative advantage. A country has a comparative advantage in producing a good if the opportunity cost of producing that good relative to other goods is lower in that country than in other countries. This depends on the factor endowments of each country and factor requirement characteristics of the produced good. The textile and clothing industries are labour intensive, and the basic input is cotton. Thus, according to the Ricardian model, it is expected that countries with larger labour forces and higher production of cotton will benefit most from ATC expiration, as it will facilitate an increase in their production and exports of textiles and clothing. The abolition of quotas in January 2005 eliminated some, but not all of the distortions affecting global trade in textiles and clothing. While the quotas have been abolished, tariffs on textiles and clothing remain, frequently at very high levels. Furthermore, some of Pakistans competitors now benefit from preferential access to industrial country markets, either under preference schemes such as the EUs Everything But Arms (EBA), or through preferences provided under regional arrangements. Unlike tariffs or export taxes, export quotas are nontransparent in their effects on trade. An analysis of the trade competitiveness situation shows that the phasing out of quotas implies significant changes in the worldwide trade structure, leading to strong output and employment shifts in and between countries. 3.2 Impact of quota elimination on textiles Textile and clothing trade among World Trade Organization (WTO) members is governed by the Agreement on Textiles and Clothing (ATC), which came into force with the WTO Agreement on 1 January 1995. This agreement means that alongside the progressive application of General Agreement on Tariffs and Trade (GATT) rules, there will be progressive phasing out of quotas in the EU, US and Canada. These quotas were inherited from the Multi-fibre Arrangements (MFA). On 1 January 2005, the ATC expired and all quotas were abolished. This means that all WTO members now have unrestricted access to the European, American and Canadian markets. This has obviously had an impact on major countries/regions concerned. This research addresses the possible impact of quota abolition on Pakistans textile industry. A considerable number of studies have aimed to quantify the economic and trade effects of the ATC phase-out as well as complete textiles and clothing market liberalisation. The majority of studies reviewed were undertaken by universities, economists and international organisations like the World Bank (WB), International Monetary Fund (IMF) and Asian Development Bank (ADB), and in the case of Pakistan, the Export Promotion Bureau (EPB), government organizations, and some institutions. Most of them foresee increases in global welfare as a result of gradual liberalization of the sector with the implementation of the 10-year transitional programme of the WTOs ATC, at the end of which the system of import quotas that has dominated the trade since the early 1960s disappeared. Most of the research covers the global textile industry and the South Asian countries post ATC regime. There is not much research available specifically about Pakistans textile industry in the quota free-regime, the opportunities and challenges Pakistan will face, and whether Pakistan will benefit from this regime or not. This literature review summarises briefly some of the available studies on the impact of the ATC phase-out on the textile and clothing industry. A large body of literature attempts to predict or quantify the likely impact of the removal of quantitative restrictions. Different approaches have been used to address the issue; summary of these studies is given in table 3.1. Diao and Somwaru (2001) estimate that over the 25-year period following the ATC implementation, the annual growth of world textile and clothing trade will be more than 5 per cent than it would be in the absence of the ATC. According to their simulations, this acceleration translates into about $20 billion more trade in the short run (upon implementation) and as much as $200 billion in the long run (25 years). They also predict that, consistent with the trend in the historical data, the world clothing trade will increase twice as fast as the textile trade in the post-quota world. Similar results are reported by Avisse and Fouquin (2001), who found that, as a result of the ATC, the global trade in textiles and clothing will be about 10 per cent and 14 per cent h igher, respectively. Table 3.1 Results of Selected Analytical Studies related to ATC Authors Database Model Characteristics Policy Simulations General Results World Bank (2004) Data collected by authors General equilibrium analyses Quota Removal focus (Pakistan) Overall, the short-run impact of MFA abolition will be positive on the textile sector, negative on clothing. The analysis suggests that Pakistan will benefit substantially from abolition of its own quotas, with the benefits resulting from improved efficiency of resource allocation outweighing the loss of quota rents. Francois and Spinanger (2001) GTAP 4 (Base year 1995) Quota prices for Hong Kong for 1998/99 Standard Static GTAP model Quota removal plus Uruguay Round trade liberalization in the context of Chinas WTO accession. (Focus: Hong Kong) Textile and clothing exports from Asia (especially south Asia) increase substantially. Preferential access to the United States and the EU would be reduced and there would be a shift in demand away from countries like Mexico and Turkey. Terra (2001) GTAP 4 (Base year 1995) Standard Static GTAP model (i) Quota removal and (ii) Quota removal plus tariff reductions (Focus: Latin America) Developing countries subject to the biggest quantitative restrictions would expand their exports at the expense of the importing developed countries, but also of other developing countries which are less restricted (i.e., Latin American countries). Avisse and Fouquin (2001) GTAP 4 (Base year 1995) Standard Static GTAP model Quota removal Output share of Asia increases from 12 percent to 18 percent. Chinas exports would increase by 87 percent, South and Southeast Asias would increase by 36 percent. Latin America and NAFTA would lose 39 percent and 27 percent, respectively. Authors Database Model Characteristics Policy Simulations General Results Diao and Somwaru (2001) GTAP 5 (Base year 1997); Counterfactual analysis using an intertemporal version of GTAP MFA phase-out simulated by improving the efficiency of textile and apparel exports from constrained Countries. Other trade barriers on textile and apparel imports are reduced by 30 to 40 percent in all countries. The annual growth of world textile and apparel trade would be more than 5 percent higher. Market share of developing countries as a whole would increase by 4 percentage points following the ATC. China would gain almost 3 percentage points of the world Textile and apparel market, while other Asian countries would capture more than 2 percent. Non-quota developing countries are predicted to lose about 20 percent of their markets. Matoo, Roy, and Subramanian (2002) Data collected by the authors. Partial Equilibrium. ETEs derived from Kathuria and Bharadwaj (2000). Leontief production. Export elasticities from 1 to 5. Interaction between the ATC and the AGOA rules of origin for Mauritius and Madagascar Under the current AGOA system, the apparel exports of Mauritius and Madagascar would be about 26 percent and 19 percent lower, respectively, following 2005. If AGOAs rules of origin requirement is eliminated, the decline in Mauritiuss exports would be only 18 percent, and Madagascars exports could increase. Lankes (2002) GTAP 5 (Base Year 1997) Standard Static GTAP model Quota removal Total export revenue loss attributed to the MFA quotas estimated to be $22 billion for developing countries and $33 billion for the world as a whole. Source: Commission of the European Communities, 2004 Although the elimination of ATC quotas is predicted to result in an increase in global trade, the impact is likely to differ among countries and regions. For each country, quota elimination represents both an opportunity and a threat. It is an opportunity because markets will no longer be restricted but it will also represent a threat as other suppliers will no longer be restrained and major markets will be open to intense competition. For instance, Lankes (2002) argues that the ATC may lead to a reallocation of production to the detriment of developing-country exporters that have been effectively protected from more competitive suppliers by the quota system. A World Bank (2004) study provides an analysis of potential gains and losses for Pakistan from abolishing the quota system. The study shows that whether Pakistan will be better or worse off depends on the extent to which exports from Pakistan are restricted relative to exports from other suppliers; the strength of the competitive relationship between suppliers; and the extent of complementarities associated with global production sharing, particularly the benefits from increased demand for textiles and clothing as inputs. The general results of the study are, overall, that the short-run impact of ATC abolition will be positive on the textile sector, and negative on clothing. The analysis suggests that Pakistan will benefit substantially from the abolition of its own quotas, with the benefits resulting from improved efficiency of resource allocation outweighing the loss of quota rents. The implications for the clothing sector could be serious, however if no action is taken to improve productivity, output could decline by over 15 per cent, and exports by a quarter. Overall, Pakistans real income may decline by perhaps 0.4 per cent, and real wages could decline slightly if no action is taken to improve productivity. The degree of a quotas restrictiveness can thus serve as a useful, if imprecise means of broadly predicting the likely impact of its removal. Being able to determine which countries are quota constrained and which are not is useful in understanding how particular countries will fare following quota elimination. In the existing literature, the degree of restrictiveness of an MFA quota is often measured in terms of its export tax equivalent (ETE). ATC quotas are administered by exporting countries and impose a cost on exporting firms that is exactly analogous to an export tax. In order to export, a firm in a quota-constrained country has to obtain or purchase a quota (or an export licence). The more restrictive a quotas is, the higher the tax will be. ETEs are obviously zero for non-restrained products or countries. Flanagan (2003) points out that although as many as 73 countries are included in the quota system, some do not fully utilize their quotas. Elimination of an unfilled or non-binding quota has little effect on a countrys ability to export because it could have continued to export to the quota limit in any case. Many estimates of ETEs exist, and they vary for different countries and time frames. Francois and Spinanger (1999) estimate that Hong Kong clothing exporters face an implicit export tax of up to 10 per cent for goods intended for the U.S. market and 5 per cent for the European Union (EU) market. Kathuria and Bhradwaj (1998) report that in 1996, Indian exporters to the United States paid an ETE of 39 per cent (cotton based) and 16 per cent (synthetics), versus 17 per cent (cotton based) and 23 per cent (synthetics) in the EU market. In USITC, the import-weighted ETEs for US imports were estimated to be about 21 per cent for clothing, and those for non-clothing, textile categories were around 1 per cent. In general, the literature reveals that Asian countries are relatively more constrained than other regions. Flanagan (2003) categorizes countries into groups depending on how quota constrained they are in terms of the number of product categories where quotas seriously limit demand. In the group of Countries seriously held back, almost across the board, by quotas were Bangladesh, China, Hong Kong, India, Indonesia, Pakistan, Philippines, Korea, Sri Lanka and Thailand. At the other end of the spectrum, countries such as Nepal, Oman, Qatar and the United Arab Emirates (UAE) are categorized as Countries whose quotas have been a valuable tool, now threatened. According to Flanagan, China, India and Indonesia have shown the most consistent and widespread near-saturation of quotas for yarn, fabric and garments. Many analysts predict that the market shares of quota-constrained suppliers will increase markedly following 2005. Terra (2001) predicts that clothing production of the restrained exporters, as a whole, will increase by almost 20 per cent, and their textile production will increase by almost 6 per cent. Meanwhile, Terra estimates that the market shares of non-quota constrained suppliers (e.g. Mexico and African countries) will shrink. She predicts a fall in the exports of Latin American countries, which will be displaced by the big exporters subject to restrictions. Mercosur and Chile are predicted to reduce their exports of clothing significantly and their exports of textiles moderately. Avisse and Fouquin (2001) estimate that Asian clothing exports will rise by 54 per cent and their share of the world market will increase to 60 per cent, from 40 percent in 1995. Chinese clothing exports, in particular, will rise by 87 per cent, and their share of world clothing exports will rise by more than 10 percentage points. Both South Asias and Southeast Asias clothing exports will also experience substantial gains, increasing by 36 per cent, combined. On the other hand, Latin American clothing exports are predicted to decrease by 39 per cent. Avisse and Fouquin estimate that Chinese production will rise by 70 per cent, and that of other Asian countries, by 26 per cent. Within a broadly unchanged level of global output, Asias share will rise from 12 per cent to 18 per cent. North American production of clothing 14 will decline by 19 per cent and European production will drop by 11 per cent according to estimates. Diao and Somwaru (2001) provide similar estimates. According to their dynamic model, world market share of developing countries as a whole will increase by 4 percentage points following the ATC. China is predicted to gain almost 3 percentage points of the world textile and clothing market, and other Asian countries to capture more than 2 percentage points. Current non-quota holding developing countries are predicted to lose about 20 per cent of their markets (equivalent to 2.3 percentage points of total world textile and clothing markets) to the restrained ones. In addition to the costs of quotas themselves, the nature or quality of the quota administration system can also restrict an individual countrys exports, and lead to quota underfill. Whalley (1999) points out that many developing countries have built costly domestic administrative structures around the internal allocation of quotas. Krishna and Tan (1998) present empirical evidence that the costs of the export licence system within the restrained countries are significant and that both the licence cost and hidden administrative costs are added to the price of the product prior to entering the foreign market.

The Downfall Of Othello By William Shakespeare - 2963 Words

Megan Embry Mrs. Taylor AP Literature – 4th 9 March 2015 The Downfall of Othello Philippians 2:4 says, â€Å"Do no merely look out for your own personal interests, but also for the interests of others† (New American Standard Bible). God warns His people to turn from their selfish ways and be more concerned with the well being of others instead of only being concerned with one’s self. However, selfishness has been a sin that the human race has struggled with since the beginning of time. Shakespeare shows this age-old struggle with many characters in Othello. Racism is a way of life that can be used negatively to tear people down. Although race is not something that can be controlled, or managed throughout history it has been a characteristic used to harshly label people and used to make others feel inferior because of the color of their skin. Racism is used prevalently in Othello. Some characters in Othello driven by their selfish, sinful nature employ different types of racist language in an effort to degrade the main character and appear superior while others remain confident in themselves and refrain from racist behavior. Within Othello, there are five specific uses of the word â€Å"black.† Not all of the denotations are negative but when used in this novel, there are almost always used in a negative way as a racist label or racist comment. Doris Adler explains these five different denotations and their racist uses in this novel (248). The first type of racial language inShow MoreRelatedEssay The Tragedy of Othello1292 Words   |  6 PagesWilliam Shakespeare masterfully crafted Othello, the Moor of Venice as an Aristotelian tragedy play. The main protagonist of the play, Othello, is the perfect example of a tragic hero. Shakespeare was influenced by Aristotle’s concept of a tragic hero and used Aristotle’s principles to create Othello. 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Havisham Free Essays

The opening line portrays the order of events. â€Å"Beloved sweetheart bastard. † The man she describes was someone special but soon became someone she hated. We will write a custom essay sample on Havisham or any similar topic only for you Order Now She has longed for revenge as the reader is told, â€Å"Not a day since then I haven’t wished for him dead. † The words â€Å"prayed† also tie in with this deep seated longing for change. The imagery of her eyes being like â€Å"Dark green pebbles† hints to the hardness of stone but also the green is jealousy. She has become trapped by obsession: thinking, praying and waiting for her fiance. The word â€Å"Spinster† is a one word sentence, almost spat out in distaste. Havisham describes her condition â€Å"I stink and remember† the words refer to her smell from wearing the same clothes but also the stench of the terrible thing that has happened to her. The events have changed her and there is real sadness and fear behind the words. Her wedding dress is described as â€Å"yellowing† as she questions how she has ended up in this situation. The final part of the previous stanza merges into this third verse and the disjointedness reflects Havisham’s own distress. This stanza hints that sometimes she can feel happy and when she is bed asleep for a moment it as if she is still with her lover, but the strong words â€Å"bite awake† describe the gnawing pain of having lost a loved one. The dream is only a dream and life is difficult to live with. Love is personified and the narrator describes herself as â€Å"Love’s hate behind a white veil† Love enjoys hurting her and again this is emphasised with her description of the balloon â€Å"bursting in my face. † Balloons are supposed to be fun like love but in this instance it becomes something shocking ready to spoil her happiness. Havisham also describes at destroying her wedding cake, â€Å"I stabbed at a wedding-cake. † This describes not only her pain, but the pain she would like to inflict on someone else. The imagery of a honeymoon is coupled with the words â€Å"male corpse† this also shows her unfeeling towards men. She doesn’t want something living, she wants something dead. The very last word comes out in a stutter when she talks about how a heart â€Å"b-b-b-breaks† this shows sadness and madness at the same time. When she talks about her heart not being the only one that is broken it reminds us of Pip from â€Å"Great Expectations†, she’s been hurt and knows how to break a man’s heart. In the case of Pip, she wanted to crush his dreams of gaining an education. How to cite Havisham, Papers Havisham Free Essays The ideas the Duffy is trying to convey is the idea the heart brake and physiological damage of a relationship gone corrupt and by a wedding day that was a- boarded ND the devastating impact on the bride who was left standing on her own embarrassed and humiliated by the failure of her beloved to show up. The idea of society expectation has also shrouded upon her since she can’t even leave her own house since she is paranoid about society expectation of a classic woman. Society expects a woman to find a man and get married and have children and by her not fulfilled society’s expectation she has â€Å"failed† at life’s virtue for a woman therefore having a unworthy life by living as a â€Å"spinster† and wasting away thou a husband. We will write a custom essay sample on Havisham or any similar topic only for you Order Now Another idea conveyed is the effect of also being alone without a partner â€Å"a lover† to share your life with. This is reflected by Ms Having who has always been alone and never really had â€Å"true love† and the effects of that how our feelings can go to mutual hatred towards one person whom in their mind destroyed their entire life. The poem is titled Having and not Miss Having. Why? The poem Is titled â€Å"Having† opposed to â€Å"Miss Having† since she doesn’t have the honor being labeled a â€Å"miss† due to turning Into a complete monster. She Is not a lady , she’s not proper or has the correct virtue for a typical ladles life. She Is an old hag who has wasted away and is nothing more than to be called a spinster. Having creates a harsh , violent and bold statement reflecting her and everything he’s become. Where as Miss creates a peaceful , calm and relaxed tone and doesn’t reflect her at all. What do you think the poem gains from the images of violence in it? The poem advances with Images of violence from the text since it creates an image of his woman and the extent of her despair and trashed life that took a turn Off cliff and died. The metaphors and imagery shown In the text such as † so hard Vive dark green pebbles for eyes† really gives the audience an Intense Image and shows how she hardened from the Inside and has nothing but venom filled In her veins. Opposition. The feelings of Ms Having are mixed due to the confusion inside and the baffling she’s had to deal with to come to terms with the â€Å"tragedy’. The feeling consist o darted and evil towards this man shown through † wished him dead† hating this man so much to the extend she wished death upon him. Feeling stretching to her love for him expressed minimally for example † Beloved sweetheart† showing a more inmate and loving tone. Then creating a more somber tone with the loneliness she has by herself â€Å"give me a male corpse for a long slow honeymoon† showing the extend that she wants someone this man so bad that she would replace him with a male corpse since she realizes that no man would ever want her. The reason for these binary opposite is since that is what we as humans feel mixed emotions , churned up together creating confusion fore her and us. Sometimes the persona imagines the passionate times she could have had with her lover. Which part of the poem describes this? The poem describes the time she could have had with her lover are shown in many instances like † the dress yellowing† expressing that she has waited for him all these years and that they still could get married and have a fulfilled life together. This is also shown through â€Å"give me a male corpse for a long slow honey moon† expressing that they had the opportunity to go on a beautiful honeymoon together. To what extent does the poem reflect a feminist agenda, or even Duffy own feelings at the time of writing? Address the attitudes and values conveyed. To a minimal extent the poem reflects a feminist agenda since the poem is directed towards her lover but is shown in some instances like â€Å"loves hate behind a white veil† here the feminist agenda is reflected is the quote since it undermines the institution of arraign and the idea that it is not worth it , a disappointment and alluding to gay and lesbian rights. Another references is shown through â€Å"spinster† since the meaning of the word is a old had and unmarried wasting away without a husband. Hence showing the inequality between men and woman since the term for a unmarried man is â€Å"bachelor† which is viewed in a positive light and being a good thing whereas woman are considered a disappointment by not get married therefore highlighting the feminist agenda. How to cite Havisham, Papers

Integrating Theory and Research Practice †MyAssignmenthelp.com

Question: Discuss about the Integrating Theory and Research Practice. Answer: Introduction Personal communication can be defined as the manner in which humans relate with other human beings around them. Personal communication is very important in life since it enables people to enhance their livelihoods through making good use of the daily opportunities that do come their way. Not only does personal communication place one in a better position to understand his/her shortcomings but also it helps them develop mechanisms to make necessary adjustments to fit in the society. In this work, individual evaluation has been done and analysis made concerning communication capabilities and possible problem solving mechanisms required to overcome them as well elaborated. This aimed to help in developing a scheme that is useful in rectifying the existing problems with regard to available timelines. This will cover different dimensions of the day to day communications styles that are exercised within different domains. (In Flanagan, In Allen In Levine, 2015). This technique seeks to evaluate ones communication skills with great attention to accommodating other peoples ideas and giving response. The procedure revealed that more personal effort was needed to help improve the score. It was evident in the results that much effort was directed towards offering solutions to any anticipated problems early in time before they could manifest themselves. Some of the individual shortcomings involved postponing of a majority of things and not embracing symbolic communication aids. Communications Style Questionnaire The communications style questionnaire involves assessing the various communication techniques that are available and applicable to interactions. This method places an individual in a better position to understand the various situations in each conversation, be able to identify their flaws and perfections and then make the required adjustments. The questionnaire results were as follows: Out of the analysis, inner strength-confidence was evident in my undertakings. Logical approaches are applied in the day to day interactions and association with other people. Xenophobia and self-awareness were also noted as personal strong areas. There is a strong individual belief necessary in winning other peoples resilience. The individual strengths realized include; keen attention to detail during response evaluation while weaknesses include, poor listening skills with intent to dominate conversations without exercising turn taking. (De, 2015). With the aid of the assertive questionnaire, an individual can boost his/her learning experience since it mitigates ones challenges in communication without considering the situation or context. The assertiveness questionnaire places people in a position to speak out their ideas in every situation in respect of others opinions too. With the aid of collaborative research website, the results indicated individual possession of etiquette and decorum virtues during interaction with people. Graded on a 100-point scale, the score was an A. Translating to good results though there was need to adjust some areas including working on individual listening techniques and being accommodative to other peoples views irrespective of how they are inconsistent with personal views. (Green Chartered Institute of Public Relations, 2016). The Johari window does place people in a position to have a good understanding of how they relate with other humans in society as well as understand and appreciate them. This procedure is greatly applied in this paper to aid in selecting the appropriate identifiers to personal description. In applying this procedure, five friends were selected and tasked to highlight the qualities they found fit for personal proficiency in communication and personality at large. After successfully highlighting and selecting, the results were outlined and presented in a consolidated manner. The results depicted in the first column showed an individual with knowledge of full existence, brilliant, orderly and confident. A sense of authoritativeness and confidence in interactions was also detected. This is in line to the ideas of good communication. According to (Biafore, 2015) who claims that it is very important to express self-confidence in the process of communication. The second column showed an individual who is radical, somehow proud and possession of levels of anxiety in particular situations. Additionally, personal attributes of being a seasoned introvert was also realized as well as efforts to be a considerate individual. The third segment portrayed an individual who is tolerant and flexible. On the other side, some friends alluded that there were traits such as being intolerant and non-accommodative of other peoples views and more often anger was used to coerce others from expressing their views. Kindness was portrayed in the fourth segment as well as being a re alistic and a calm individual. The perception of possessing some different values in the eyes of different people is important (Biafore, 2015). When it comes to development in personal and academic issues, one very necessary appliance is exercising practical reflection as this helps one build essential capabilities in leadership skills in ones academic life. Valuation of an individuals deeds, character and rules are key elements in personal reflects. Out of the obtained results, it was individual realization that spirited approach to challenges arise from the fear of committing errors and letting good chances go. Believing in oneself could be very useful in making decisions because finding out that one does not support something; chances of avoiding the same were high, a component which possibly limits ones thinking (De, 2015). The studys results indicate the need for one to work on their active listening and decisiveness. This was evident in interviews, group works and in personal studying process. On top of that, the manifestation that individual dominance of conversations and exercise of confidence on presentations contra dicted personal judgments. Personal interactions with different people throughout the semester revealed weaknesses in active listening and self-assured perception, making these skills a critical aspect needed to work on for improvement. Going by the aforementioned researches, both intrinsic and extrinsic stimuli are responsible for a persons reaction in a dialogue (Eemeren Grootendorst, 2014). An important point to note is adequate revelation of self-assurance and tranquility can be achieved using individual characteristics and distinctive psychological set up. For instance, self-possessed and collected people find it easy to express themselves aptly compared to unsteady and ungrounded individuals. In his study, Biafore (2015) argued that moments are likely to traumatize such individuals, given that they expect nothing less than favorable results. The findings of The Australian Psychological Association confirms that a persons outward character is greatly influenced by such stimuli. In light to this, it becomes essential that individuals identify their strength and weaknesses, bearing in mind how hard it can be for a person to exhibit his/her strengths in an appropriate manner exclusively. Taking this step is beneficial when it comes to underlining an individuals strength as it facilitates a cover up for his/her shortcomings. It is the same reason that makes De (2015) in his research emphasizes that that failure to follow this step has the likelihood of causing uncertainties to a person, making him/her tense and less confident when engaged in a conversation with others. It is considered an important feature in any learning process as it ensures that learners pay close attention, figure out responses and memorize the content that is bestowed to them. After undertaking a test on personal communication abilities, it was a personal realization that active listening skills were weak, hence needed perfections. This would help equip oneself with adequate capacity to acquire significant information, grasp and appreciate the process of learning essential notions (Brown Smith, 2017). In addition, it was personal realization that the failure to reach consensus with peers as being a result of low levels of attention when engaged in a dialogue. Apparently, there were personal problems in comprehending new ideas taught in class due to the inability to pay close attention to whatever was being taught until the end of any particular lesson. In regard to this conduct, there are individual efforts to come up with new techniques of checking these behaviors to ensure that they do not worsen and affect personal undertakings negatively. Below are some of the approaches developed (Hoppe, 2015). This method comprises intense meditation and extreme devotion to the speaker while acknowledging points from their presentations. Furthermore, it is vital to ascertain their verbal and nonverbal signals. Some of the ways intended for use include maintaining an eye contact with the speaker, preclude any obstacle that seem to be distractive, keep off contradicting notions and pay precise attentiveness to the speakers body language. The rationale for adopting such strategies is to ensure that one ends up with sufficient comprehension of whatever is being passed across. The significance of body language is to disclose whether one is listening or not. It also establishes the level of concentration. A good example is nodding, where suitable and applying facial illustrations are all influential since they enhance my attentiveness during dialogues and when attending lessons in class. Feedback in any communication ensures that the listeners grasp the message being delivered appropriately, hence, considered an important aspect. In light to this, framing feedback or providing appropriate responses to messages while being attentive to detail portrays that the receivers of that particular information comprehended it adequately. Certain phrases are commonly used, such as "What I'm hearing is," or "Seems like you are saying." According to the results from a research carried out by Green Chartered Institute of Public Relations (2016), the implication of accurate feedback to speaker is that his/her listeners pay ultimate attention to his/her content. The speaker can also utilize other approaches such as asking his/her listeners relevant questions from whatever he/she was teaching and using the feedback he/she receives to emphasize on the details and explore the content. A recent study (Green Chartered Institute of Public Relations, 2016) managed to establish that coming up with periodic summaries of the content helps the listener to acquire a glimpse of the whole conversation since significant pointers only are the ones that are reflected on to provide a faster recollection of the conversations focal points. Assertive perception The results of the analysis, done on personal skills revealed that in some cases there were scenarios of being uncompromising, especially when the prevailing opinions contradict personal verdicts. In this regard, it is essential that one formulate some approaches to ensure that they remain constructively assertive regardless of their peers inferences. This will require that one remain persuasive and not prehistoric, given influencing any results requires one to put in more effort and deliberate the judgments of others. In doing so, one will be able not to base their conclusions on past instances that may be void in existing scenarios. Thus, one will be in a better position to prevent disagreements with their peers when having a dialogue (De, 2015). Another method worth adopting is by identifying and respecting participants opinions in a discussion based on their personality as a way of establishing the variances between individual personalities and how they can be beneficial based on the situation at hand (Drury, 2014). The methods discussed above are crucial in overcoming individual flaws when having a dialogue. One way of establishing them is via procedural implementation and deliverable timelines in any particular setting, given the changing aspects that exemplify a learning atmosphere, including interaction with others. As per the research finding of a study done by Green Chartered Institute of Public Relations (2016), one will be in a better position to determine the preferred transformation that can ensure exceptional conversation with others. The process of self-analysis will be pinnacled by drafting an action plan that shall oversee the execution of necessary program aimed at trying to assume the lodged profile. The activities will be Important in perceiving the desired outcomes within the laid timelines as indicated below. Handling a communication course covering how to create skills in active listening in the course of the first three weeks of the implementation program. This approach will place an individual in a better position as an active listener as one can employ application of positive opinions in the process of relating in a schooling domain. On top of that, one can fit to any domain feasibly (Craig Martinez, 2016). To aid an individual in improving any weak areas that might be present after execution, it will be an individual initiative to commence an advanced postgraduate communication program at CQU. The program is intended to contribute positively to building personal career as required in the job market. Such a domain needs well developed and good skills in communication relevant in utilizing any emergent chance. On top of that, reading of any available and relevant stored documents that comprise of journals and books rich in mechanisms through which a person can advance his/her skills in communicating. Besides promoting individual communication skills, reading also will bring to light a number of contexts that would demand implementation of these skills and in the long run help in equipping with the necessary skills to fit in any domain. Competence and ability to exercise flexibility with regards to sending and receiving messages is also inevitable in some situations and this is to be accomplished within four weeks. Noting down to record every step in the process is an essential way of keeping a personal account. The journal is expected to give the groundwork for improving where personal progress will not be concurrent with the preconditions. The anticipated results will also guide the process of making improvements to help keep one on the right path. Moreover, identifying a mentor will be vital because personal assessor will give a sense of direction in the practices necessary to perform. In this situation, it will be an individual effort to utilize the head of the CQU communication. They are likely to be productive in defining cases of consistency with the training timetable and offering aid in identifying areas which require powerful reinforcement. The Gantt chart can give the deadlines as well as the activities which will be undertaken to achieve the expectations. It can be utilized in measuring what is expected at a certain period because the entire implementation process will occur for two months. Other programs can be undertaken concurrently implying that it can consume less time than planned. After, accomplishing, it will require personal effort to measure the improvement according to personal behavior of interaction with other individuals. A positive implication should be encouraged while the contrary will necessitate that one engage in relevant practices which will aid in eliminating the mistake (Burnard, 2017). References Biafore, B. (2015). Microsoft Project 2013: The missing manual. Sebastopol, CA: O'Reilly Media. Green, A., Chartered Institute of Public Relations. (2016). Effective personal Communication skills for public relations. London: Kogan Page. Hazardous Materials Training and Research Institute. (2015). Communication skills for the Environmental technician. New York: Wiley. Burnard, P. (2017). Effective communication skills for health professionals. Cheltenham, U.K: Stanley Thornes (Publishers) Ltd. Koprowska, J. (2015). Communication and interpersonal skills in social work. Exeter: Learning Matters. Battell, C., American Society for Training and Development. (2016). Effective listening. Alexandria, Va: ASTD Press. Downs, L. J., American Society for Training and Development. (2016). Listening skills Training. Alexandria, VA: ASTD Press Hoppe, M. H. (2015). Active Listening: Improve Your Ability to Listen and Lead. New York, NY: John Wiley Sons. Active listening: Teacher's book. (2015). Cambridge [u.a.: Cambridge Univ. Press [u.a.. Burstein, J. (2015). Have you heard? Active listening. New York: Crabtree Pub. Company. Brown, S., Smith, D. (2017). Active listening: Level 1. Cambridge [England: Cambridge University Press. Drury, S. S. (2014). Assertive supervision: Building involved teamwork. Champaign, IL: Research Press In Flanagan, R., In Allen, K., In Levine, E. (2015). Cognitive and behavioral Interventions in the schools: Integrating theory and research into practice Eemeren, F. H., Grootendorst, R. (2014). Studies in pragma-dialectics. Amsterdam: International Centre for the Study of Argumentation. Eemeren, F. H., Grootendorst, R. (2014). Speech acts in argumentative discussions: A Theoretical model for the analysis of discussions directed towards solving conflicts of opinion. Dordrecht, Holland: Foris Publications. Craig, S. C., Martinez, M. D. (2016). Ambivalence and the Structure of Political Opinion. New York: Palgrave Macmillan De, K. E. J. (2015). Assertive religion: Religious intolerance in a multicultural world.

Outline and Evaluate Essay Example

Outline and Evaluate Paper Feminism is a movement for women trying to get equal rights for themselves. Feminism first emerged in the late 60s, but women as early as the beginning of the 20-century, called the Suffragette movement tried to get the vote for women. The Feminism movement of the 60s and especially feminist sociologists were critical of sociology, for ignoring gender issues and women and research being malestream. And so feminists took it upon themselves to open up new research other than that of research by men focusing on men. The new areas of research by women were taken into the work place, education and health. The womens liberation Movement in the early 60s founded the feminist perspective and had 7 aims such as: equal pay, equal education and job opportunities, 24-hour nurseries, free contraception and abortion, legal and financial independence for women. And end to discrimination against lesbians and the right of all women to define their own sexuality and an end to all the laws, assumptions and institutions that perpetuate male dominance and mens aggression towards women. These 7 aims led to research into institutions such as the work place and education system to work out what could be done. Early feminists are critical of malestream research in sociology. They argue that a lot of important sociological research is focused on men, this is called malestream sociology. Feminist research has contributed to the research into the position of women in society. In this research the key concepts developed are gender, ideology and patriarchy, and gender in particular will come across in all topics of research. An example of malestream and recent feminist approach to research is in sociology of deviance. We will write a custom essay sample on Outline and Evaluate specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Outline and Evaluate specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Outline and Evaluate specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The traditional malestream approach focused on juvenile delinquency, football hooliganism and other predominantly male deviance while the feminist approach looks at the crime against women such as domestic and sexual assaults and the victims of crime, not the criminals. More relevant to todays society is the research in education, in the early 60s through to early 90s girls always did worse than boys in school, and so feminists took it upon themselves to research why girls did worse than boys. Research by Dale Spender (1983) Invisible Women The schooling scandal. Showed that schools reinforce gender inequalities, her evidence was that the boys received 60% of the attention. Jane French (86) said socialisation of the children is the problem, they are conditioned to except roles. Sue sharp (76) Just like a girl Research suggested secondary education was to blame for the gender gap and sexism. All this research by feminists has made the central government focus on the inequalities in education. Nowadays more attention and effort is given to girls on achieving, GCSEs and A level coursework favours girls and now girls are doing better than boys. This is shown in Sue Sharps re-study (90) showed that fewer women were conforming to stereotypes, suggesting that the sexism and gender gap in education is becoming smaller. This shows that research by feminists can actually strongly benefit the women of society and contribute to sociology. Sociology would class that there are 3 main feminist perspectives, Liberalism, Marxist and Radical. While feminists would argue there are 7 main feminist perspectives, which also include Feminist Marxist, Materialist, Socialist and Black. These 7 feminist approaches have all contributed to sociological research by researching different aspects of society. Marxist feminists regard the economic position of women as crucial to their oppression. Veronica Beechey (1977) regard womens position in the family makes them a special target for capitalist exploitation- women still seen as primarily unpaid homemakers dependant on husbands finance. Research such as this has led to government handing out financial aid to women of families, which gives women money directly, which they can spend when they need it. Christine Delphy (1984) is a materialist feminist rather than a Marxist feminist because she claims Marxism cannot explain womens oppression; Karl Marx sees a genderless proletariat and does not pay enough attention to women. She uses the Marxist method but alters the content of its theories. She says there are two modes of production: industrial and domestic. The latter leads to patriarchal exploitation and the formation of two classes: men and women in which the man exploits his wife for sexual and domestic services. He dominates and controls. Women are domestic slaves. So Christine Delphy would argue that research has highlighted the problem but know we need to do something about it. The feminist contribution to sociological research has been strong. It has pointed out patriarchy in the home, and in society and education and in research it self. Black feminists would argue that feminist theory as a whole lacks concern and relevance to black women, they see the feminist theory has been about western women ignoring third world women. And so the Black feminist movement has led to research for black women and a greater awareness of the inequalities black women face around the world. In all the feminism has contributed a lot to sociological research, as originally research just focused on males, but now 50% of all research focuses on women as well which allows sociology to be more relevant to society. Evidence to show that feminists have contributed to sociological research is in the education institution. Before research on girls in education, boys were doing much better at exams, but since the research on girls in education. Girls are doing much better than boys in exams, which shows that the research actually helped people and is relevant to society. But now the question is, is the feminist contribution to research still relevant, as the research already done highlights the problems for females in society. But the answer is yes as we need the research to show that we are not converting back to a patriarchy society, and that we are still striking a balance in research and not being malestream.

Movie Essays

Movie Essays Movie Essay Movie Essay Name: Course: Instructor: Date: Movie Fat, Sick and Nearly Dead is a documentary that entails the health life of Australian filmmaker Joe Cross. His story is about his overweight state, which is later corrected by consistency in fresh juice solely in 60 days. He aborts steroids and pharmaceuticals, which only worsen his health, putting him on the brink of death. Joe manages to toss 100 pounds from 310 pounds in only two months surviving with nothing but fresh juice. Therefore, in the documentary, Joe Cross seeks to advice the audience on how to take control of their health status by choosing the right things to eat, being physically fit and overcoming obesity without dependency on steroids and other drugs. Joe classifies foods into two categories namely, macronutrients and micronutrients. Fruits and vegetables are micronutrients while macronutrients are the other types of foods, which cause unhealthiness. At the beginning, Joe buys green leafy vegetables from the produce vendor. The vegetables are celery, onions and tomatoes. Joe uses these vegetables to make mean green juice that he purposes is vital for a natural cutback in weight. The components of the mean green juice as brewed by Joe are a higher percentage of dark green leafy vegetables with additives of other vegetables and fruits. These vegetables are rich in vitamins and nutrients necessary for the body system. Plant based foods are healthier than animal products or processed foods. Joe traveled to the United States because he wanted to venture into a fruit and vegetable fast for sixty days. The road trip only featured a juicer and a generator in his car. This period was documented by his camera crew, which tagged along and each step he made can be clearly viewed on the film. Joe had a serious autoimmune disease intensified the negative impact. The disease caused an overproduction of histamine in Joe’s body leaving it itchy and irritated with inflammations. For the first 30 days, Joe heads to New York City and travels across America for the rest of the days. He says he had been focusing on his wealth rather than his health before he embarked on the juice fast. Thus, his area of importance then was his affluent lifestyle Histamines protect the body from foreign infections and keep it healthy. When it is overproduced, it causes allergies. After graduating high school became a young Australian businessperson with flourishing businesses and this lavish life made him enjoy his life by exposing himself to an unadvisable diet that saw his health status diminish with a dilated weight. This posed a serious threat to his life. Fasting is the act of going without of few for a period so juice fasting is inclusive of natural juices. He deprived himself of anything other than the natural juice, justifying the term juice fast. The American diet that is processed food is 95%. Joe was required by his doctor to take blood tests every 10 days to ensure he was still healthy. The blood tests show that he is improving gradually. He finds out that he no longer needs his medication. One has to keep in check with the doctor to understand the progress just as Joe’s doctor, Dr.Joel Fruhman advises him. After Joe completes his 60-day, juice fast, his weight loss is 82 pounds and this shows great improvement. While on his adventure, Joe comes across other people with the same problem he had before his realization and one of these obese people is Phil Staples. At the time, Joe was interviewing people concerning their eating habits while at the same time proposing his juice fast. Some of the people approved his health strategy while others, mostly the young ones were reluctant to adopt it. After Joe completes his 60 days juice fast and heads back to Australia, Phil decides to emulate the health icon and gives him a call. Following the call, Joe travels back to the States to help Phil on the Juice fast as a way for his body to heal naturally. Joe first met Phil at a truck stop. In the movie, Phil is overweight with and his poor diet gradually pushes him towards a heart attack as the doctor said. Phil was among those who attempt to follow Joe’s healthy lifestyle. Phil’s situation appears to be identical to Joe’s before he embarked on the juice fast because Phil also suffers from the autoimmune disease. The juice fasting undertaken by Joe Cross proves to be a detoxification therapy as his doctor sees no more use of medication in his life. Inspired by Joe’s story, Phil has the urge to overcome his 429 pounds with the help of his health icon. Phil quits being a truck driver for the juice fasting experience and is able to lose a large amount of weight towards the end of the movie as depicted by him running around and playing with the son. He also cuts down on his medication and this shows the positive effects of the mean green juice on an individual’s body system. He sponsors a community juice fast and is no longer depressed. His work changed towards a direction of healthy living standards. In his family, Phil helps his brother who is in an even worse state of obesity than he is. He is more dedicated to his job at the YMCA. The parts of the movie, which I liked, are the remarkable transformation of Joe to a healthier person and the impact he had on obese people such as Phil Staples who could barely pass through the truck stop. Another interesting aspect is the rare similarity in unhealthy conditions of both persons. However, I did not like the idea of the mean green juice because it seems bitter and it takes a lot of courage to decide on taking it solely for a number of days to lower the calories in the body. Such a transformation would be difficult to fathom if one comes from a background of eating a lot of processed foods and animal products. Nevertheless, the idea holds water towards the end of the movie when we see the lives of two men change dramatically to a better and healthy body system. The advantages to this type of diet are that it does not have bad side effects as those of obese medication, It is also feasible and not life threatening since we can identify Joe Cross as a strong person at the end of the film and his efforts remolding Phil’s health. As proven by Joe and Phil’s chronicle, the medication on obesity and the autoimmune disease was not efficient as compared to the juice fast. On the other hand, the disadvantage with this type of diet is that it takes a long time and one has to be patient and daring to take it. A person may fall into temptation, go back to the unhealthy foods, and consume them with double effect, leading to more calories. Buying too much organic foods can be costly and overdoing the juice fast can lead to diabetic problems. Movie Essays Movie Essay Movie Essay Name: Course: Instructor: Date: Fantasy in Harry potter movies Fantasy is a genre of fiction that consist of magic, imaginary worlds, quests, mythical creatures and great battles over good and evil. This genre uses supernatural occurrences as elements of plot or setting. Elements commonly used in this genre include wizards, elves, dragons and other imaginary creatures (Ledesma, nd).fantasy is anything that has no possibility of existing in the real world. Fantasy is related greatly to Harry potters movies because it is used to describe people, creatures, places, quest battles and many more magical happenings (Hill, 2005). Fantasy is used in the Harry potter movie to describe the Hogwarts School of wizardry and witchcraft where Harry goes to school at the age of eleven years. This magical place does not exist in the real world (Nikki, 2009). The students in these school all posse some magical power. this is revealed to Harry by a giant .fantasy comes out clearl y here when the giant a magical creature reveals to Harry that he is not an ordinary person like his relatives who have raised him up since the death of his parents. In addition, when Harry starts school he interacts with talented children like him. Fantasy relates to Harry potter, since most of the creatures are magical and posses’ extraordinary powers that ordinary creatures do not. In the movie, there is a scene where a gigantic three is the portions class. Another fantasy related to Harry potter is the magical spells cast on creatures and the wizards. The spells are used to disguise a wizard or witch, to wade off danger away or to create a camouflage. A scene from the movie that demonstrates this fantasy is the patronous charm spell that Harry uses against the dementors who are affecting Harry. In the real world, no magic spell exists to cause an effect on anyone or any creature. Another scene is when scabbers, Rons cat turns out to be a wizard in disguise. The wizard dec ided to disguise himself in order to spy on Harry and his friends and report to lord voldemort in the end Harry is able to kill voldemort with a single spell. Fantasy in relation to Harry potter is brought out in the power to see the invisible objects around. It is an extra ordinary thing to see things that are thought to be invisible, example ghosts. In the movie, Harry sees skeletal horses pulling the carriages at school. Another fantasy that relates to this movie is the evidence that one can hide a part of his soul to be retrieved later. This is brought out in the movie when Harry goes on a dangerous mission with Dumbledore to destroy apart of voldemort’s soul that is contained in a horcrux stored in different places. Fantasy is used in the movie to unite people who know each other in death, who in turn have conversations. Some have the power to choose whether to stay dead or to go back to life. From the movie this is shown when Harry dies and meets with Dumbledore who ans wers all his questions and alternatively gives him a choice of staying or going back to life. He chooses to go back and kill voldemort. The other fantasy used in the movie, is the ability for power to vanish from a person and regain it later. From the movie, this is witnessed by Harry when voldemont regains his power in a creepy graveyard. Another fantasy is the ability to speak the language of another creature. A scene in the movie is the ability of Harry to speak to snakes when he discovers he is a parslemouth. Work cited Ledesma, Debbie. Fantasy Fiction. suite101.com. 2011. Web. December 2, 2011 Hill, Joshua. Harry Potter and Fantasy – A Quick Look. sffworld.com. 2005-10-20. Web. December 2, 2011 Nikki. Harry Potter and the Philosopher’s Stone. goodreads.com. Nov 29, 2011 04:01am. Web. December 2, 2011.

Measuring and Managing Foreign Exchange Risk Dissertation

Measuring and Managing Foreign Exchange Risk - Dissertation Example Although a firm may hedge its foreign exchange contracts, limiting its transaction exposure, economic exposure is difficult to estimate and further, hedge. Economic exposure arises because future profits from operating as importer or exporter depend on exchange rates, and due to its nature, this type of exposure is difficult to mute. (Faff & Iorio 2001, Mullem & Verschoor). (Mullem & Verschoor, 2005). However, there is greater complexity between the relationship between exchange rate fluctuations and competitiveness and this leads to difficulty in correctly estimating economic exposure and hence hedging it efficiently (Mullem & Verschoor, 2005). Firms that do business abroad must be ready to account for changes in exchange rates that lead to variability in their cash flows. (Solt & Lee, 2001). Transaction exposure reflects the risk that exchange rates change between the time a transaction is recorded and the time actual receipt of cash or payment of cash is made. (Solt & Lee, 2001). Due to its short-term nature futures and forwards can be used to hedge transaction exposure and thereby eliminate its influence on the value of a firm. (Solt & Lee, 2001). Economic exposure, on the other hand, is the long-term effect of exchange rate changes on the future cash flows and thereby on stock returns. (Solt & Lee, 2001).

Managing Financial Resources and Decisions Assignment

Managing Financial Resources and Decisions - Assignment Example The advantages of being a sole trader make a business owner easy to start and run his business, no retirement for registration but it has boundless liability for debts, greater personal assets are at risks and many business taxes to settle. You may find lack of credibility when it comes to marketplace, hard to attract loans and investments and get it more difficult to sell your business. You need to consider that business imply lasts based on the lifetime of the sole trader. Thus, if you want to  start up  your business as a sole trader, it is good to search for company office and secure the Intellectual Property Office to make sure that the name you want for your business is not existing and protected by other business owner/s. Partnership, on the other hand encourages you and your brother to run together in the business that you both are trying to venture. Each of you shares responsibility in running the consultancy business, shares equally on profits or loss unless otherwise s tated in your terms and agreement. Both of you are liable within the partnership. Your partnership with your brother gives full advantages which requires no pay for income tax and it distributes the partnership income to the partners and both of you will pay the business tax on their own share.   The partnership in business structure you plan involves no registration between you and your brother and it offers wide-range to share the costs of business operation costs such as those people who operates to share a joint office. The disadvantages of this type of business  form  includes the partners liable for debts acquired by any of you, partnership conflicts may arise, possible complicating issues such as when their partner dies, or leave the partnership and personal assets are also at risk. Since you are the more business oriented compared to your brother and he is undoubtedly a little more technically gifted than you, the good blending or combination of your effort and his ski ll make both of you best to invest and make a partnership on your business. It offers the quality steps a long way your business works also  the contribution of  your brother’s work to make both of you successful in your business consultancy, besides  the combination of  your heads as engineers surely will make you reach your successful business venture. Possible financial sources for your business are: Own Capital    Partnership is the form of structure of your business together with your brother so own capital is the common source of finance, especially for startup is money from the  individuals  who are forming the business. Advantage: Own capital is a  costless  form of finance, but carries the risk of the money being lost. Disadvantages: The money once mismanage is totally lost and considered a personal  endeavor  which can affect business operations adding to liabilities.

Impact of Religion, Faith, or the Dominant Ethical System on Politics Essay - 1

Impact of Religion, Faith, or the Dominant Ethical System on Politics - Essay Example Statistics of the breakdown in religious affiliations of the faithful in the Philippines reveal that â€Å"the main religious group in the Philippines is Roman Catholics who account for 83% of the population. Other religions include Protestant 9%, Muslim 5%, Buddhist and other 3%.† (NationMaster, 1) In view of the predominance of Roman Catholics in the Philippines, the majority’s religious beliefs have a strong effect on the view towards politics and the existing governmental structure. The long history of colonization from Spain brought great changes in the political, economic and cultural life of the Filipinos. Christianity was introduced to replace the old religion based on spirit worship and a centralized government was established over the ruins of the barangays. (Leuterio, 223) Dolan proffered that â€Å"with the advent of United States control, the Catholic Church relinquished its great estates. Church and state officially were separated, although the church, counting more than 80 percent of the population as members, continued to have influence when it wanted to exert it.† (Dolan, Church-State Relations, 1) Further, Dolan clearly distinguished Catholics falling into three groups: â€Å"conservatives who were suspicious of social action and held that Christian love could best be expressed through existing structures; moderates, probably the largest group, in favor of social action but inclined to cooperate with government programs; and progressives, who did not trust the government programs, were critical both of Philippine business and of American influence.

SABmiller Strategy Case Study

SABmiller Strategy Case Study 3.1 Strategic position SABMillers one strategy is continuing to acquire other companies around the world and continuing to expand, especially in developing countries. As we all know, SABMiller and Molson Core, the two sides decided to merge operations in the United States and Puerto Rico. The two sides announced that it would form a joint venture. Johnson, Scholes Whittington (2008) defines corporate strategy as sum of companies objectives and goals and its plans for pursuing those purposes. According to Andrews (1980) corporate strategy can define the company policies, its range of businesses, and its human and economic organization and its contributions to stakeholder. From there definitions it is clear that one should analysis SABMiller business environment, core competencies capabilities and stakeholder expectation to identify SABMiller strategic position. SABMiller in current strategic position has provided us with a clear picture of the opportunities and challenges that the S ABMiller operating domestic, worldwide and its growth come though entering developing market, acquiring businesses brands, and growing them it face in the business environment but stakeholder expectation, core competency and market the reality is the strategy not match to business environment which will create a big dilemma for SABMiller. Consolidation exam of that the reducing the risk that associated the more developed market like Africa, Europe and US will ensured as firm in base of possibility of emergent market might reducing the risk on vulnerable region. It would be feasible particularly given SABMillers competence that been responded by obtaining the business success in the risky market. Further more while it is undoubtedly possible to improve the companys position in developed markets improvement need might quite marginal. 3.2 Table 1: Mission, Vision and Strategic Objective Mission Statement: Stability of reputation of the company Leverage the local and global market Increasing the number of demand Job opportunity to the local and global environment Leverage the new branding production. Competitive advantage Strategic Objectives: Assessing Reach and development RD of the brewery Analyzing the demand of the customer Reaching the stability of the economic Considering Non-factor qualitative Differentiation of the new product Visions Statement: Leverage the production and stability of the company reputations of the SABMiller. Number one operational in the market The mission and vision of the SABMiller Company will be leverage is there company will focus in certain area providing of the strategy objectives by reach and develop the production and merger to the other develop market and to be number one to the industry and help the stability of economic to the environment of the global and market place. 3.3 Strategic Options Using the Porters Generic Strategic, Ansoffs Matrix and BCG Matrix to help me evaluate and analyzed the following strategy option 1 product development, option 2 market developments and option 3 joint venture. The fist strategic choice is product development to diversity the production of improvement and growth of the quality product. For option 1 according to generic strategy the product development need to focus and diversify the differentiation product strategy which SABMiller has a unique product and might reach the target scope industry worldwide. Differentiation strategy like creating a new product like wine or liquor and sell it on the low cost of production that can effectively bust on the target scope of SABMiller. For option 1 according to ansoff matrix the product development and diversification will achieve the existing production and entering new market of the new product of the company with diversification. Product development not only in the brewery SABMiller has a lot of potential to diversify other product and continue to develop it but its must be depends to the demand of a customer. Diversification of the new product for a new market potential are more reliable to manipulate by SABMiller. For Option 1 according to BCG Matrix the question marks for SABMiller creating a new product to the new mark et it will be risk to the cost of production if the new product didnt exist to the market pretty hard to consider and evaluate what customer wants and need. The second strategic option is market development which is SABMiller has an opportunity to entering new market in any country that need to develop or re develop a production to increase higher profit and market share in every country. For option 2 according to generic strategy the low cost of leadership will achieve by having the lowest prices of the product in the target market segment, or at least the lowest price to value ratio (price compared to what customers receive). Offering the lowest price while still achieving profitability and a high return on investment, the firm must be able to operate at a lower cost than its rivals of the market. Since the SABMiller operating entire of the country they have some disadvantage of lower customer loyalty, as price-sensitive customers will switch once a lower-priced substitute is available. A reputation of the SABMiller leader may also result in a reputation for low quality, which may make it difficult for a firm to rebrand itself or its products if it chooses to shift to a differentiation strategy in future. For the option 2 according to ansoff matrix is market development strategy must be focus on develop a cost leadership may have the disadvantage of lower customer l oyalty, as price-sensitive customers will switch once a lower-priced substitute is available. A reputation as a cost leader may also result in a reputation for low quality, which may make it difficult for a firm to rebrand itself or its products if it chooses to shift to a differentiation strategy in future. For option 2 according to ansoff matrix the market development is need to focus and come out new product for the new market based on the case study the SABMiller existing product only a beer that they has a multi distribute to other county if they develop the new market they need to introduce new product. For option 2 according to BCG matrix the market development is start because if the market development will continue to develop in every market of the country the SABMiller will foresee to success. The third strategic option is joint venture to associate other developed or developing country to leverage a good stability of the SABMiller market to other county. For option 3 according to generic strategy the joint venture is differentiation not only in the product to the other association of the market every country has a different market joint venture will giving a knowledge for the local market and will giving to SABMiller new idea how to difference the product to distribution country. For option 3 according to ansoff matrix the joint venture creating a new product using there current existing market in worldwide the interrogate of changing market esp. thru technology will affect the connection of the associate people to the joint venture. For option 3 according to BCG matrix the joint venture is cash cow coz its still need to re engineer the product strategy and to re develop more joint venture to the other country but to joint venture to other country will cost higher volume of the money and massive of reaching for the company will join on SABMiller company. 3.4 Recommendation for SABMiller company are product development and differentiate there existing product and the new product considering to the other demand of other country and focus to the technology ever market will interrogated of the technology. Product development still consider the effectives of the new production so far based to the case study new beer products and transference of the beer products and brand between market. They need to be transferring brands across different market and across region for example selling different brand outside of southern African it could carry on doing well and it will expand using channel to introduce brands from across the world new market however this may not provide of the SABMiller company with the sort of growth that is now being expected of it and it may underestimate the value of loyalty across the world. Differentiate to the existing product and new production will help to increase the continue of the market growth of the SABMiller esp. across the region they need to evaluate the region market before they will entered to the new market region population of the region and analysing economic will help to cane out with the uniqueness new product but still need to invest higher capital. Joint venture to the local region will give a larger opportunity to be success but investing to the new region with new joint venture will be a area of critical long term growth, But may require a great deal patience but the SABMiller company must meet the expectation of the stakeholder and the other particularly intuitional investor across the region coz there following the insistence on the need for hard currency growth with the presence of the new countries opportunity for growth. Evaluating and analyzing will help to SABMiller to be secure there company reputation across the region and to the future market region.

An Evaluation of My Writing :: How Have I Changed As A Writer

Over my career of schooling my writing has changed dramatically at times and very little at others. Through my years of schooling people have determined my main weaknesses and strengths that I should work on with my writing. My biggest weakness is writing introductions and conclusions they must be so complicated and require so much thought to be defined as good. I excel at writing body paragraphs and explaining all the facts that back up your main ideas though. In all my years of going to school I have had trouble writing introductions and conclusions for my papers. All of my teachers would tell me that you would want your introduction to flow and clearly start what you are going to talk about. When ever I would write an introduction it would never flow. It is always fairly choppy and I could not figure out how to smoothen it out. Now that I am in college people have told me to not summarize my paper in my introduction. This requires even more creativity and thought to create an introduction, which I can never seem to think of. This also applies to my conclusions as well on how they must be so complicated. When writing an introduction and or conclusion there are suppose to be all different techniques to help write them but I can never apply any of them to what I am writing so they rarely help me. Also depending on the class I am writing for determines how difficult it is for me to write an introduction and conclusion. For exampl e, English papers and philosophy papers usually give me a bit more trouble then history papers. I have learned from being in college that English and philosophy papers need to be much more elaborate and deep. When writing a history paper you must be direct and right to the point and that is what I seem to do best. It shows because my history paper grades are a bit higher then my philosophy and English papers. Where there are weaknesses there are also strengths and mine lie within the body paragraphs. I arrange my ideas well by using quotes about my subject and explaining them.

The Adventures of Ibn Battuta: a Muslim Traveler of the Fourteenth Century

â€Å"The Adventures of Ibn Battuta: A Muslim Traveler of the Fourteenth Century† Translation: Ross E. Dunn Ibn Batutta was a self-proclaimed scholar of the fourteenth century who traveled extensively throughout sub-Saharan Africa under the banner of Islam, and wrote of his travels in an autobiographical book entitled ‘The Travels of Ibn Battuta’. The financing for his ventures was derived from Muslim rulers inhabiting the cities he visited. His text regarding the cities and their occupants provide great insight into the cultural diversity and economic conditions of medieval Africa, Middle East and Asia.Ibn Battuta also exposes intricate details of daily life regarding food, clothing and rituals. His journals relay a precarious existence where food is not always palatable; clothing is optional and indigenous rituals conflict with his own beliefs. Religious studies students may question the need for this intricate detail; however, Ibn Battuta was gathering the cruc ial knowledge to help other Muslims make the journey. His observances also allowed community leaders to learn of the actions of other community leaders.Among his many observations Ibn Battuta describes the terrain where he travels and the manner in which each community receives him. On many occasions, particularly when crossing the desert, advance notice was sent to make provisions for his lodging. This advanced notice also served a vital task, to arrange for a group of people to meet the traveling party several days outside of town with the necessary supplies to complete the journey. The text discloses unfortunate events where couriers were lost, resulting in the death of entire parties because additional supplies were never sent to meet them.Recording this type of information would be an invaluable resource for other Muslims who desire to go on a pilgrimage. The Travels also discuss the danger of storms at sea and seasonal conditions that limited the availability of this mode of t ransportation. The rigorous and perilous nature of distant travel is emphasized in the text and endured often by Ibn Battuta throughout his life. Although he expresses a modicum of regret at his abstinence from a stationary life, his descriptions of events and beautiful places belie his propensity for wanderlust.This seems a rather unexpected attitude for a religious scholar caught in the midst of desert travel. But from the standpoint of the reader, beauty serves as reward for the hardships endured on the journey. Several other passages in the text divulge the author’s valuation of nature and beauty. The Ibn Battuta reflects an almost pantheistic attitude that is simultaneously appreciative and respectful of both the desert and cultivated gardens. It is likely that this expressed reverence toward nature was intended as an enticement or encouragement his audience to travel.Interestingly enough Battuta also expresses knowledge about Plato Although Ibn Battuta seems to be conte nt with all facets of nature, and speaks highly of the morals and purity of many men, discord appears when his beliefs are challenged by the perception of unconventional behavior, such as the wood burning ceremony in Om Obida, Persi, or the burning of widows in Hindustan, â€Å"The woman adorns herself, and is accompanied by cavalcade of the Infidel Hindoos and Brahmans, with drums, trumpets and men following her, both Infidel and Muslim alike† (emphasis mine) He also remarks about his shock regarding the public nudity of women.This is another example of direct contrast with his cultural heritage, which dictates that women are kept completely covered with the exception of their eyes. This reaction comes as no surprise because sexual infidelity, on behalf of women, is contrary to Ibn Battuta’s religious beliefs. As an ulama, Ibn Battuta’s Muslim beliefs were far more conservative than many of the cultures he visited. The text of Ibn Battuta stands as a relevant w ork from and autobiographical standpoint, as well as a study of regional cultural diversity among Islamic communities.It can be said that Ibn Battuta functioned as a type of intelligentsia for the medival Muslim communities, spreading information between the many towns he visited. His journal entries could easily have influenced the attitudes of community leaders by allowing a direct comparison with the practices and habits of other rulers. Through this methodology, Battuta garnered a modicum of individual power.Although community leaders did not fear Ibn Battuta, his critique of their habits could cause other communities to question a particular leaders respect of Muslim charity laws. This would also call into question that leaders religious devotion to Muslim tradition. Students of religious studies can use the text to discern historical information about the size and resources of ancient cities, trade relationships/predominant commodities of value, and similarities and difference s in the cultures of the Fourteenth Century Islamicate.We are also given an idea of the prosperity of cities despite any possible bias the author might have held toward particular regions or rulers. Closer examination reveals, for the most part, Muslim reverence for travelers on pilgrimage and particularly those of the Ulama class. Perhaps most importantly, the author relays information about daily Muslim life in the medieval age that is not readily available from other academic sources.

Free Essays on Personal Assessment

Personality Assessment After completing the Personality Assessment, it has given me an outline of my strengths and opportunities for growth in certain areas. My strengths are in areas of being dramatic and sensitive. The areas where I have room to grow are being adventurous and having self-confidence. My strength of being dramatic is very important to me. Through this, I have become who I am today. Having this trait allows me to be a lively and fun person. Others enjoy my company at both a social and serious level. I am able to make any experience, good or bad, quite enjoyable for myself as well as others. For example, when my wife failed her â€Å"G† driving test, instead of not doing anything about it, I took her to an indoor go-cart racetrack and taught her how to drive. It was quite an enjoyable moment and she loved the fact that I was able to make her laugh and put a smile on her face. Another area of strength is sensitivity. This allows me to get in touch with individuals on an emotional level. I am able to look beyond the facts and see individuals in a pure state. There was one time when my little cousin was playing with my hockey stick and broke it. He started to cry out of fear that I would get mad. Although the hockey stick cost $300.00, instead of being upset, I realized that the child was only playing and did not have any intentions of breaking the stick. While others would get mad, I gave my cousin a hug! An area that I have the opportunity for growth is being adventurous. I usually play it safe and do things that I know I’m good at. Others might say that I’m cautious! There was a time when my friends and I went to Mount Tremblant in 2002 for New Year’s Eve. Everyone went either skiing or snowboarding. Since I knew neither, I opted to remain in the chalet. Big mistake, as I regret not going. Staying in the chalet alone for 3 hours was not fun. This leads into the second area in which I c... Free Essays on Personal Assessment Free Essays on Personal Assessment Personality Assessment After completing the Personality Assessment, it has given me an outline of my strengths and opportunities for growth in certain areas. My strengths are in areas of being dramatic and sensitive. The areas where I have room to grow are being adventurous and having self-confidence. My strength of being dramatic is very important to me. Through this, I have become who I am today. Having this trait allows me to be a lively and fun person. Others enjoy my company at both a social and serious level. I am able to make any experience, good or bad, quite enjoyable for myself as well as others. For example, when my wife failed her â€Å"G† driving test, instead of not doing anything about it, I took her to an indoor go-cart racetrack and taught her how to drive. It was quite an enjoyable moment and she loved the fact that I was able to make her laugh and put a smile on her face. Another area of strength is sensitivity. This allows me to get in touch with individuals on an emotional level. I am able to look beyond the facts and see individuals in a pure state. There was one time when my little cousin was playing with my hockey stick and broke it. He started to cry out of fear that I would get mad. Although the hockey stick cost $300.00, instead of being upset, I realized that the child was only playing and did not have any intentions of breaking the stick. While others would get mad, I gave my cousin a hug! An area that I have the opportunity for growth is being adventurous. I usually play it safe and do things that I know I’m good at. Others might say that I’m cautious! There was a time when my friends and I went to Mount Tremblant in 2002 for New Year’s Eve. Everyone went either skiing or snowboarding. Since I knew neither, I opted to remain in the chalet. Big mistake, as I regret not going. Staying in the chalet alone for 3 hours was not fun. This leads into the second area in which I c...