Financial Reporting Master Research Paper Example | Topics and Well Written Essays - 4250 words

Financial Reporting Master - Research Paper Example The observance of accounting standards in reporting is mandatory in all countries as per the direction of Accounting Standard Board (ASB). All countries have developed their own accounting standards and in the absence of a standard in any occasion, Generally Accepted Accounting Standards (GAAP) can be followed. This report has four sections, namely A, B, C, and D. Section 'A' deals with the specific accounting policies adopted by Tesco, Sainsbury and Morrison, followed by the comparison of the same between one another. It also throws light on whether there are any differences in the accounting policies followed by these companies and if any, what are they. Section B is meant to present the financial analysis of all the three companies' financial statements for a 5 year period using profitability ratios, liquidity ratios, debt ratios, activity ratios, gearing. Section C is for detailing the major limitations of ratio analysis in the light of given companies. Section D provides a repor t on the performance of a company of Morrison Plc. Based on the ratios calculated in Section B. The company prepares and presents it financial statements comprising of income statement, balance sheet and cash flow statement in accordance with applicable accounting standards, under the historical cost convention, and are in accordance with the Companies Act 1985 (Accounting... Basis of Consolidation The company prepares its consolidated financial statements comprising of statements of parent company and that of its subsidiaries. It has been made mandatory for the Continental European companies to prepare financial statements prior to the preparation of the same of the group so as to ensure timely preparation and reporting. As regards the excess/deficiency of purchase consideration is concerned, it shall be adjusted in reserves. It is therefore necessary for all subsidiaries to adhere to the accounting policies of the group with the aim of attaining consistency in the accounting policies. Stocks Stocks in stores are calculated at retail prices and reduced by appropriate margins to the lower of cost and net realizable value. Money market investments Money market investments are shown at cost price. All income received from these investments is included in the profit and loss account. Fixed assets and depreciation Depreciation is provided on an equal annual installment basis over the anticipated useful working lives of the assets, after they have been brought into use, at the following rates: Leasing items such as plant, equipment and fixtures and fittings are shown in the financial statements as tangible assets. These assets are subject to depreciation as per the depreciation policy of the firm. Sainsbury Plc. International Financial Reporting Standards (IFRS) Sainsbury will follow IFRS for financial reporting though it will have a small adverse impact on reported profit after tax. This impact excludes the effect of IAS 32 and IAS 39 - the Group has elected to take a one-year exemption in implementing these standards as allowed under IFRS. Morrison Plc. Basis of

Response paper to this qustionIn Candide, what are the various Essay

Response paper to this qustionIn Candide, what are the various attitudes, ideas, and behaviors that Voltaire is lampooning - Essay Example Voltaire's Candide shows the complete transformation of philosophical idelogoly of Pangloss that this is the best of all possible worlds. This may clearly fit to a person someone like Candide who is not aware of the outside world other than his baron's castle. But in reality, world is full of misery and corruption. The change in the mindset of a person depending on the situation is rightly presented throughout the process as he sees corruption and violence all over the world. It must be noticed that Voltaire has criticized the ideology of various characters and has tried to enlighten us about the real world. Candide is an exemplary work by Voltaire as he brings to light the behavior of various characters and criticizes the philosophies and ideologies of various religions like Roman Catholic Church, Islam and others. The idea of free will is questioned by an individual's control over his own destiny. Voltaire criticizes the idea of free will through Candide as a person is predestined to act irrespective of the fact whether he is doing good or evil. The main notion as stated by Pangloss that "there is no effect without a cause' and "we live in the best of all possible worlds and whatever happens is for the best' is strongly ridiculed as there is lot of violence and bloodshed resulting in loss of lives.

Consumer Buying Behaviour In Textile Retailing

Consumer Buying Behaviour In Textile Retailing Consumer behaviour is a complicated and diverse area of study. Since marketing is based on identifying, anticipating and providing customer needs it is important to understand them. There are two predominant types of buying: consumer buying, which consists of buying products for personal use, and organisational buying, which involves buying for organisational purposes. Consumer buying behaviour is defined as the buying behaviour of final consumers, individuals and households who purchase goods and services for personal consumption (Kotler et. al., 2001, pg. 858). Purpose of choosing this topic: For a marketer to satisfy customer needs efficiently and lucratively, understanding consumer behaviour is essential. Research into consumer behaviour allows the marketer to create target groups of people with common interests, values, beliefs and patterns of behaviour which will be discussed further in this proposal. Once a market segment has been identified, marketers can research the target market more thoroughly and the marketing mix, product, price, promotion and place can be adjusted to ensure the product position is correct. 2.0 Objective This dissertation will identify the main factors influencing consumer behaviour patterns, particularly in textile retailing. It will examine how buyer characteristics influence buyer behaviour and also how retailers react to such characteristics. In particular this proposal will look at the cultural factors, demographic factors and psychological factors that influence consumer buying. Also, it will investigate on different types of buying behaviour that helps to find how and why consumers make their purchase decisions. It is vital to note that the purchase of a particular product does not always derive the same type of decision making behaviour (East, 1997: 19). For example, an affluent businessman who enjoys collecting cars may not undergo complex buying behaviour as opposed to an average earning salesman who is buying a car for transportation purposes. 3.0 Method In order to achieve the objectives stated above, the research will utilise online survey and will consider the scope to which: Online community members share their views on buying; The sharing of pre-buying experience differs from the sharing of post-buying experience; Comments made by third party and direct contact through an online community affect buying pattern; Comments received on different company websites affect buying pattern. Also, the research will utilise online database: Mintel and Emerald, and published material: books, articles on newspaper, magazines, or journals. Feasibility There is no purpose at this stage to employ any company information for preparing the dissertation. The author wants to ensure if he needs permission from the online community to approach individuals to take part in the survey. Participants will be at liberty to withdraw from the survey at any moment of time. 5.0 To what extend the existing published material meets the proposal The dissertation intends to explore the knowledge of types and elements of buying behaviour that influence consumer buying behaviour such as cultural factors, demographic factors and psychological factors. This will significantly assist the marketers to invade the competitive market and come out with fruitful wings. Complex buying behaviour Dissonance-reducing buying behaviour Habitual buying behaviour Variety-seeking buying behaviourFigure A: High Involvement Low Involvement Significant differences between brands Few differences between brands Figure A shows the relationship between different types of consumer buying behaviour with the level of consumer involvement and the degrees of differences between brands. The level of involvement in a purchasing a product is related to the importance of the purchase, the risks involved and the type of cognitive processing that is generated (East, 1997: 19). It helps the marketer to keep a better hold on the competing market. Culture affects consumer behaviour in a variety of ways. It relates to customs and beliefs that are learned from the society in which an individual grows up. Aspects of our socio-culture, such as sub-culture, social class and reference groups play different roles in influencing consumers. A common pattern of behaviour can be observed within groups. Cultural change occurs at a very slow pace and can be seen to marketers as threats or opportunities. Cultural elements that influence consumer behaviour can also be said to be environmental influences. A reference group is one that the individual tends to use as the anchor point for evaluating his/her own beliefs and attitudes (American Marketing Association, 2004). Sub-culture plays an important part to marketers because of their influence on brands and types of product and services demanded by their members (Chisnall, 1975, p.98). Mintel (2003) reports that an emerging youth sub-culture, in which extreme sports is the focal point. He estimates that consumers spent  £4.5 billion on extreme sports goods in 2003, an increase of 29% on 1998. (See appendix 1, figure 3) Demographic elements (ref Fig.7 appendix.3) can significantly affect consumer behaviour. As an individuals stage of life progresses, so will the needs and wants of a product. To help marketers make a clearer distinction between demographic groups for market segmentation classification bases have been developed. A Classification of Residential Neighbourhoods (ACORN) is a popular geo-demographic technique used as a segmentation base. ACORN maps geographically the concentrations of a particular type of individual and can be useful for helping marketers decide upon store locations and targeting direct mailing (Beaumont, 1989). Lansing, J and Morgan, J (1955) have devised a popular and successful break down of the life cycle of families to successfully target a market. Each stage influences consumer behaviour in a different way (see table1 appendix2). Mintel (2001) reports that the greatest time of expenditure for women in the AB social grade are during the bachelor stage where 56% of women spent more than  £500 on clothes in a year. However, during the newly married couples, full nest 1 and full nest 2 periods the percentage of women that spends  £500 a year on clothes decreases to 35%. This percentage increases at the empty nest stage to 46%. (See appendix 3, figure 6) Psychological factors are related to perceptions, motivations, attitudes and personality of a consumer so it crucial to know how life patterns influence purchasing decisions. Psychographics are usually based on demographic information as well as ratings of consumers activities, interests and opinions (Williams, K, 1981, pg.91). Lifestyles and patterns have strong influences on consumer behaviour. Figure 7 (see appendix. 3) illustrates the main factors that form a lifestyle. Perception and motivation relates to an individuals interpretation of a product and company. Maslow recognises that people with intensive needs can be motivated to purchase the goods if identified properly (Lancaster, G, Massingham, L, and Ashford, R, 2002, pg. 80). With this, marketer can convey good brand awareness. The subject of personality is a very complicated area. There are many variables that reflect a comprehensive view of a personality. This makes it difficult for marketers to understand the link personality has with consumer behaviour (Williams, K, 1981, pg.133) 6.0 Timescale Milestone Task Due date Remarks 1 Stage 1: Area of interest identified 24 March 10 Completed 2 Stage 2: Specific topic selected 24 March 10 Completed 3 Stage 3: Topic refined to develop dissertation proposal 6 April 10 Completed 4 Stage 4: Proposal written and submitted 22 April 10 Completed 5 Stage 5: Collection of data and information 30 June 10 6 Stage 6: Analysis and interpretation of collected data 10 July 10 7 Stage 7: Writing up 31 July 10 8 Stage 8: Final draft prepared submission of dissertation 31 Aug 10 9 Final Deadline of dissertation 17 Sept 10 7.0 Bibliography American Marketing Association (2004). Dictionary of marketing terms: reference group Available from: http://www.marketingpower.com/live/mg_dictionary-view3860.php [Accessed: 2nd April 2010] American Marketing Association (2004). Whats hot whats not: Teens tastes in fashion change and change often? Teens also spend, and spend. Available from: http://www.intellisearchnow.com/mp_pwrpub_view.scml?ppa=7iempYZhklooprVSlj%216%3C%22bfej%5B%21 [Accessed: 2nd April 2010] Batista, E (2004). Wired News: What your clothes say about you. Available from: http://www.wired.com/news/wireless/0,1382,58006,00.html [Accessed: 2nd April 2010] Beaumont, J. R. (1989). An overview of market analysis: Who?, What?, Where? and Why? International Journal of Information Management Volume 9, Issue 1, Pages 51-62 Available from: http://www.sciencedirect.com/science?_ob=ArticleURL_udi=B6VB4-45M2NCT-16_user=822084_coverDate=03%2F31%2F1989_rdoc=1_fmt=high_orig=search_sort=d_docanchor=view=c_searchStrId=1303548251_rerunOrigin=google_acct=C000044499_version=1_urlVersion=0_userid=822084md5=6b2bce837f0436807b24710842e5914a [Accessed: 3rd April 2010] Chisnall, P (1975). Marketing: a behavioural analysis. 1st edition. McGraw-Hill Book Company (UK) Limited. East, R. (1997). Consumer Behaviour: Advances and Applications in Marketing. Prentice Hall, London. Goldsmith, R (2002). Some Personality Traits of Frequent Clothing Buyers. Emerald, journal of consumer marketing, volume 6, number 3. Available from: http://oberon.emeraldinsight.com/vl=3977275/cl=13/nw=1/fm=html/rpsv/cw/mcb/13612026/v6n3/s6/p303 [Accessed: 3rd April 2010] Kotler et. al. (2001). Marketing. 5th Edition, Prentice Hall, Sydney. Lansing, J, and Morgan, J, (1955). Consumer Behaviour: Consumer finances over the life-cycle. 1st Edition. Clark, L.H., New York University Press. Lancaster, G, Massingham, L, and Ashford, R (2002). Essentials of Marketing: Understanding the Behaviour of Customers. 4th edition. McGraw-Hill Education. Mintel, (2001). Marketing to ABs UK June 2001. Available from: http://reports.mintel.com/sinatra/mintel/searchexec/fulltext=family+life-cycletype=reportsreport_titleresults=1000proximity=anywherevariants=trueorder=2/report/repcode=S192anchor=accessS192/doc/712626029repcode=S192#0 [Accessed: 2nd April 2010] Mintel, (2003). Extreme Sports UK November 2003 Available from: http://reports.mintel.com/sinatra/mintel/searchexec/fulltext=sub-culturetype=reportsreport_country=224report_titleresults=1000proximity=anywherevariants=trueorder=2/report/repcode=L439anchor=accessL439 [Accessed: 3rd April 2010] Moran, C (2004). Fashion Crime: hoodlums love their hooded tops The Times. Plummer, J (1974) The Concept and Application of Life Style Segmentation The Journal of Marketing. Vol. 38, No. 1, pp. 33-37. American Marketing Association Williams, T (2002). Social Class Influences on Purchase Evaluation Criteria. Emerald, Journal of Consumer Marketing, Volume 19, Number 3. Available from: http://titania.emeraldinsight.com/vl=7203230/cl=70/nw=1/fm=html/rpsv/cw/mcb/07363761/v19n3/s5/p249 [Accessed: 3rd April 2010] 8.0 Appendices 8.1 Appendix 1 Figure 3: Consumer spending on extreme sports goods, 1998-2003 (Source: Sports Industry Research Centre/Sports Industries Federation/Mintel)  £m Index  £m at 1998 prices* Index 1998 3,470 100 3,470 100 1999 3,560 103 3,331 96 2000 4,107 118 3,227 93 2001 4,048 117 3,158 91 2002 4,319 124 3,088 89 2003 (est) 4,476 129 3,054 88 Figure 4: PDI, consumer expenditure and savings, 1998-2007 (Source: National Statistics 2002/Mintel) It demonstrates that between 1998 and 2003 while levels of disposable income have increased by 21%, consumer spending has increased by 22%. PDI at 1998 prices Index Consumer expenditure at 1998 prices Index Savings Index  £bn  £bn  £bn 1998 592.74 100 557.35 100 35.39 100 1999 614.50 104 582.90 105 32.80 93 2000 639.80 108 612.25 110 28.09 79 2001 676.08 114 638.52 115 40.02 113 2002 697.58 118 665.05 119 37.20 105 2003 (est) 715.02 121 681.01 122 56.52 160 2004 (fore) 732.18 124 697.36 125 62.86 178 2005 (proj) 749.02 126 715.49 128 68.16 193 2006 (proj) 768.50 130 734.09 132 73.86 209 2007 (proj) 787.71 133 753.91 135 76.75 217 8.1 Appendix 2 Figure 5: Socio-economic classification as defined by the National Readership Survey (Chisnall, P, 1975, pg.114). Social grade Social status Head of households occupation Approximate percentage of families A Upper middle class Higher managerial, administrative or professional 3 B Middle class Intermediate managerial, administrative or professional 10 C1 Lower middle class Supervisory or clerical and junior managerial, administrative or professional 24 C2 Skilled working class Skilled manual workers 30 D Working class Semi and unskilled manual workers 25 E Those at the lowest levels of subsistence State pensioners or widows (no other earner), casual or lowest-grade workers 8 Table 1: Life cycle stage (Lansing, J and Morgan, J, 1955) Stage Category 1 Bachelor stage young single people 2 Newly married couples young, no children 3 The full nest 1 young married couple with dependent children 4 The full nest 2 older married couples with dependent children 5 The empty nest older married couples with no children living with them 6 The solitary survivor older single people.

A Thousand Differences :: Sociology, Social Norms

The world today is full of so many cultures. Each one drastically different from the other and equipped with their own customs and â€Å"social norm†. The culture in America is radically different from that in Afghanistan. This fact is evident in A Thousand Splendid Suns by Khaled Hosseini. This book follows the journeys two young women living in the harsh world in Afghanistan until their paths cross and they unite to rebel against the maltreatment of women that is widely accepted in their country. The lives these women lead in this book is dramatically opposite of the life that women have in America. The daily life over all in Afghanistan is very strange compared to America. They must live with droughts, poverty, and war every day. In 1999, in the city of Kabul, there was a huge drought. It had not snowed in the winter and there was no rain in the spring. The riverbed that ran through the city was completely dried up (261). With very little and scorching heat it must have been exceedingly difficult to cook or stay cool. With two young children to keep fed and hydrated water is a necessity. One of the main characters, Mariam, grew up in a mud hut on the outskirts of a village in the mountains (10). Small houses and very little income was the average life in the country. In her city, a two-story house was practically a mansion, and in America that is considered normal. The standard of living is much lower in Afghanistan. The region the two girls live in was one of constant war. Different ethnicities and religions were constantly fighting and the government was very uns teady. They lived literally in the midst of the battle zone. They could hear gunfire and rockets constantly. Houses along their very own street were taken out by bombs. Laila even lost her parents when her own house was bombed (174). It is impossible to imagine what it would be like living with that. Everyday hearing the whistling and hoping the rocket was not coming down on your house. Then losing your parents, it is unfathomable. Innocent bystanders shot down simple because they are in the wrong time at the wrong place. Women in their country have very little rights and freedoms.

Chronic Disease Risk Assessment Essay

When I did the assessment for chronic diseases I chose to do one for Diabetes because I am considered obese with a BMI of 39. 9 so with this certain risk factor of obesity I run the risk of developing diabetes, the assessment states â€Å"Compared to a typical woman my age, my risk of developing diabetes is above average† that is very scary because I know that diabetes can be dangerous and cause many other health problems, also it runs in my family, my father developed diabetes because of his weight, and now he does not have any working kidneys and has to do dialysis 4 days a week and requires a transplant, so my chances are high up there. There are a number of different types of diabetes, you have; Type 2, Type 1, Gestational diabetes, Pre-diabetes, lada, mody, Diabetes Insipidus, out of all these types there are some types of diabetes more prevalent than others, the most common type is Type Two, and this type can causes damage to both large and small arteries. This artery damage can result in medical problems, both common and serious; Heart attack, stroke, amputations, kidney failure, and blindness. Type Two can also cause damage to your nerves, you have a percentage of 60% to 70% of diabetics that develop diabetic nerve damage, with that you can result in the following health problems; Peripheral neuropathy, stomach and bowel problems, dizziness when standing, sexual-function problems, and localized nerve failures. With all of these health problems and potential complications you can significantly shorten the life of a person with type 2 diabetes. They all have the ability to diminish the quality of life. You can avoid these problems and even prevent them through diet and exercise, use of medication, and careful control of your blood sugar levels. With diabetes the best way of avoiding the risk of developing it is to avoid it altogether, you can make sure you talk with your doctor about your risk of getting diabetes and how to avoid it, start screening for early detection, these screening test will help to find diabetes when it is most likely to be treatable. With the screening test it will uncover the pre-diabetic state before your blood sugar rises. If you are considered over weight you should talk with your doctor about doing a screening test so that you catch it on time and are able to take care of it before it may cause any major problems. You can change your life style by getting more exercise and keeping more hysically fit, change your diet by replacing any unhealthy foods with more organic and nutritional foods, with the right amount of proper food and exercise you can take your own personal stand against diabetes, if you take the necessary steps to lose the weight you will lower your chances of developing diabetes, and extend your life expectancy, and you will not have to worry about developing any other health problems that diabetes may cause, diabetes is like a domino effect, once you have diabetes you can develop other health problems and all of them will have a negative effect on your life, making sure you lead a positive, an d healthy life style will lower your chances of developing diabetes or any other chronic disease that may reduce your longevity of life.

Population Management Strategies Essay

China has one of the largest population densities in the world. In Russia there is a decline in population which is observed to increase drastically. In Western Europe as well, the population decline is as a result of the social and economic lifestyle that the natives lead. Varied measures are therefore taken against the population growing trends. This study compares and contrasts the population management strategies of the above mentioned nations (Gordon, 2005). 2. 0 Population growth in Russia Presently, there is a remarkable decline in population and this is a major problem in Russia. Russia’s population is estimated to be 143 million, however, in every year there is a turn down of about seven hundred thousand people; calculations indicate that this decline is about one hundred people dying every hour; this has led to predictions that the country’s population by the year 2050 could be as low as one hundred and twenty million. It could also have an economic and geopolitical impact (Gordon, 2005). a) Causes of the population crisis The observed high mortality rate, short life expectancy and an increasing number of deaths from causes that are not natural; are the major factors contributing to the population decline in Russia. Russia’s number of deaths per 1,000 people is at 16, compared to Western Europe which is 5. Out of the 150,000 people who die in natural deaths, 46,000 are suicidal cases, 40,000 killed in road accidents, 36,000 murdered and 36,000 are as a result of alcohol poisoning. High abortion in Russia contributes to the low birth rate. However there is a great decline in abortion since the Soviet times when abortion was utilized as a method of birth control (Gordon, 2005). The official statistics survey indicates that there are 1. 6 million abortions in Russian women, which is higher than the birth rate. Generally, there is a low birth rate in the country attributed to high rates of alcoholism and economic hardship. Currently, Russia’s birth rate is 1. 34 children per woman of fertile age, which is less compared to the required 2. 14 children per woman. Additionally, the estimated life expectancy in Russia is about 58 years for men and 72 for women, thus thirty percent of the men population do not reach the beginning of their pension age (Gordon, 2005). Russian experts also suggest that the depopulation in the country is due to political and economic upheaval experienced in the country in the 1990s. Due to bad planning and implementing of liberal economic reforms, social insecurity was evident among the nationals and thus they sought to have fewer children. The rate of foreigners moving into Russia is low; little relocation is observed within the former republics of the Soviet Union. However the rate of movement of nationals outside Russia to Western Europe and other places is high and it’s usually for search of a better economic situation (Gordon, 2005). b) Management strategies In 2005, there was an increase in the number of births which was due to a large number of girls born in the 1970s-1980s who could bear children by then. Thus the birth rate can be stimulated, the maternal and infant mortality rates reduced. By enhancing the reproductive health and quality of the population, the population growth can be boosted. A new demographic development concept is essential for it will outline the national goals such as average increase of life expectancy in the nationals and increase in birth rate. Russia has a chronic occurrence of cardiac and oncological diseases. The average life expectancy can be boosted by six more years if an initiative is taken to reduce deaths that arise from such disorders (Gordon, 2005). 3. 0 Population growth in China and management strategies China is among the world’s top nations that experience a very large population with a relatively small youth cohort which is attributed to the People’s Republic of China’s one –child policy. Except for the population policies implemented in China in 1979, the current population in china would be reading at 1. 7 billion. It is recorded that china’s population in 1953 was 582 million; however by the year 2000, the population was twice as much, estimated at 1. 2 billion (Peng, & Guo, 2000). The first leaders in China believed that a large population was a great investment, yet, as the population grew rapidly it became a liability and this led to a mass campaign effort for birth control by the Ministry of Public health; though this was in vain. Again, a rapid population was experienced after the interval of the ‘Great Leap Forward’. In the 1960s, emphasis was laid on late marriage and in 1964; birth control offices were established in the central government and at the provincial level, contraceptives were used in family planning. This campaign was seen to be successful until the Cultural Revolution era (Peng, & Guo, 2000). In 1972 and 1973, birth control resources were distributed countrywide. At administrative and in various collective enterprises, committees were launched to ensure implementation of the birth control programs; both rural and urban areas were covered. Mao Zeodong who was behind the family planning movement died in 1976, and the government failed to acknowledge that economic growth and improved living standards are affected by the population growth. However, in the 1970s the fast growing population of China prompted the government to establish a limit in the number of children born; the highest suggested family size was two children in cities and three or four in the countryside (Peng, & Guo, 2000). Since 1979, the one-child policy that was widely in use. The policy had different guiding principles on national minorities and only one child was permitted to the married couples. The policy helped China to achieve its goal of stability and a fertility rate that was greatly reduced; an average of 5. 4 children per women was reported. Those who observed the one child program were rewarded by getting a one-child certificate that permitted them to get cash bonuses, better childcare, longer maternity leave and good housing allowances; and they were to pledge that they would not bear children anymore. The population in the rural areas however, determined the efficiency in the policy implementation program; since they accounted for 60% of the total population (Peng, & Guo, 2000). Studies indicate that coercive measures were used in order to make the one-child policy a success. The assumed methods included psychological pressure, use of physical force, and in some cases forcing abortions and infanticide. However, the government officials insisted that the family planning process was on voluntary basis and measures applied in implementing the programs were persuasive and economic based (Peng, & Guo, 2000). Between 1970 and 1980, there was a drop in the crude birth rate from 36. 9 per 1,000 to 17. 6 per 1000, which was due to â€Å"wan xi shao† birth control campaign,-late marriages, longer intervals between births and fewer children. In addition, the social and economic changes that had taken place, amongst which was the high level of employment of women in rural and urban areas and low mortality rate in infants, may have contributed to the aforementioned. Nonetheless, in the countryside, people valued large families, especially sons, for assistance in the fields and support during old age. This seems to have applied to the rest of China as a whole; there is a gender imbalance in China; the 2000 census report showed that 119 boys born of every 100 girls. The government was thus forced to ban the selective abortion for female fetuses in July 2004 (Peng, & Guo, 2000). 4. 0 Population growth in Western Europe Since the 1960s, there is a substantial decline in Western Europe’s population which is accredited to low fertility rates. By 1999, the total fertility rates had dropped so much; an average of 1. 45 was recorded in the fifteen European Union countries. A total fertility rate at 1. 5 is presently experienced by eight out of fifteen of the western European countries. However, there are immense disparity among these countries in terms of timing and the level of when the decline started as well and in the rate and decline duration. Socioeconomic and demographic factors have contributed to the differences in pattern of West European fertility levels. There are concerns pertaining to the imbalance of the population age structure, ability to maintain European welfare state systems and consistency in social affairs. This has les to the implementing of family policies in order to safeguard the nations’ populations (Caldwell et al. 2006). a) Management strategies i) Maternity protection: this was a step towards creating an opportunity for women to give birth because of the demand from employment, differences in gender and equality; protection of labor and regulation. The Western European countries thus introduced compulsory maternity leaves for women who are working. Other countries such as France introduced a policy in support of women in reconciling employment with motherhood. In Scandinavia, greater emphasis was put in leaves and protective labor legislation. The recommended maternity leave period is 14weeks; however it varies between 20weeks in Italy and 16-18 weeks being the common length in other countries (Caldwell et al. 2006). ii) Parental leave: the government has amended the parental leave regulations and different parental-leave schemes have been implemented. These leaves are available only to parents and they vary from one country to another. The benefits also vary significantly; in some countries they are either unpaid or given a low pay (Caldwell et al. 2006). iii) Childcare services: at the beginning of industrialization, childcare services were instituted to cater for the orphans and children who were unattended due since their mothers were working. However up to the 20th century, childcare services changed to charity education to promote social and individual development. The catholic institutions were pioneers in provision of this kind of service. Presently the services offered differ athwart the nations (Caldwell et al. 2006). iv) Child benefits: this system came up as wide array of policy intentions. Its major role was to cater families in need for instance widows who had children and divorced or single mothers. However these support systems vary in terms of services offered across the countries (Caldwell et al. 2006). 5. 0 Conclusion In Russia and Western Europe, population decline is the major crisis which is as a result of varied factors. Russia’ decline is caused by inappropriate standards of living and in Europe, the level of industrialization that has created working opportunities has denied women the chance to bear children, hence population decline. In China, the challenge is high population that is caused by uncontrolled popular growth. The future population in China is likely to face gender imbalance and besides it has an increasingly aging population. There is a limitation in the way services are offered in the family systems. A cross-national variation in family policies’ provisions and modalities is evident in Europe. Hence it is difficult to look into the effects of family policies on individual childbearing behavior in order to make a comparison between the countries. Some countries share fertility advances, and family policy systems. The countries in West Europe are clearly divided (Caldwell, et al. 2006). References: Peng, & X. , Guo, Z. (2000): The Changing Population of China, ISBN 0631201920, 9780631201922, Blackwell Publishing. Caldwell, B. K. , Caldwell, P. , Caldwell, J. C. , Caldwell, P. Schindlmayr, T. McDonald, P. F. (2006): Demographic Transition Theory. ISBN 1402043732, 9781402043734, Springer Gordon, E. E. (2005): The 2010 meltdown: solving the impending jobs crisis. ISBN 0275984362, 9780275984366, Greenwood Publishing Group

Europe and the Scientific Revolution essays

Europe and the Scientific Revolution essays The Scientific Revolution brought many new ideas and beliefs not only to Europe but the entire world. The most widely influential was an epistemological transformation that we call the "Scientific Revolution." In the popular mind, we associate this revolution with natural science and technological change, but the scientific revolution was, in reality, a series of changes in the structure of European thought itself: systematic doubt, empirical and sensory verification, the abstraction of human knowledge into separate sciences, and the view that the world functions like a machine. These changes greatly changed the human experience of every other aspect of life, from individual life to the life of the group. This modification in worldview can also be charted in painting, sculpture, and architecture; you can see that people of the seventeenth and eighteenth centuries are looking at the world very differently. The Scientific Revolution brought about many changed in both biology and astron omy. The former was concerned with the basics of physiology and anatomy; the latter was concerned with the issue of the solar system. These (and other) developments tended to proceed along independent lines until the great scientific academies of the 18th century both brought them together and helped spread their findings to the rest of society. Copernicus was a man who played a significant role in this revolution. Before Copernicus was the Ptolemaic system. Ptolemy's model of the universe was accepted throughout the Middle Ages, though not without revision. His model was a little ragged at the edges and more accurate observations revealed discrepancies, particularly in regard to the movement of the planets. Using tables based on Ptolemy's model, medieval astronomers made predictions regarding the position of this or that planet and the planets did not show up on time. Even Ptolemy had known that the simplest model, which had each planet moving in a cir...

Explore and Evaluate Your Writing Process

Explore and Evaluate Your Writing Process Once youve made the decision to work on improving your writing, you need to think about exactly what youll be working on. In other words, you need to consider how to handle the various steps involved in the process of writing: from discovering ideas for a topic, through successive drafts, to a final revision and proofreading. Examples Lets look at how three students have described the steps they typically follow when writing a paper: Before doing anything, I make sure Ive got a quiet room and a clear head. When I feel ready to work, I sit in front of my laptop and begin tapping out whatever comes to mind. Then, after taking a short walk, I read over what Ive written and pick out the things that strike me as worth keepingkey ideas and interesting details. After this, I usually go on to compose a rough draft pretty quickly. Then (maybe in a day or two, if Ive gotten an early start) I read the draft and add explanations and ideas and make some grammatical changes. Then I write it over again, making more changes as I go. Sometimes I complete the whole process in an hour or two. Sometimes it takes a week or more. I like to do my first draft on paperthat is, after Ive daydreamed for an hour or two, raided the refrigerator, and made a fresh pot of coffee. I specialize in procrastination. After running out of ways to distract myself, I start to scribble down everything I can think of. And I mean scribblewrite fast, make a mess. When I figure out what Ive scrawled, I try to fix it up into an orderly, halfway-decent essay. Then I put it aside (after making another trip to the refrigerator) and start all over again. When Im done, I compare both papers and combine them by taking some things out and putting other things in. Then I read my draft out loud. If it sounds okay, I go to the computer and type it up. In trying to put together a paper, I go through four phases. First, theres the idea phase, where I get this bright idea. Then there is the productive phase, where Im really smoking, and I start thinking about the Pulitzer Prize. After that, of course, comes the block phase, and all those prize-winning dreams turn into nightmares of this big, six-foot guy jammed into a first-graders desk and being made to print the alphabet over and over again. Eventually (hours, sometimes days later), I hit the deadline phase: I realize that this sucker has got to be written, and so I start burning it out again. This phase often doesnt start until ten minutes before a paper is due, which doesnt leave a lot of time to proofreada phase I never seem to get around to. As these examples show, no single method of writing is followed by all writers in all circumstances. Four Steps Each of us has to discover the approach that works best on any particular occasion. We can, however, identify a few basic steps that most successful writers follow in one way or another: Discovering (also known as invention): finding a topic and coming up with something to say about it. A few of the discovery strategies that can help you get started are freewriting, probing, listing, and brainstorming.Drafting: putting ideas down in some rough form. A first draft is generally messy and repetitive and full of mistakesand thats just fine. The purpose of a rough draft is to capture ideas and supporting details, not compose a perfect paragraph or essay on the first attempt.Revising: changing and rewriting a draft to make it better. In this step, you try to anticipate the needs of your readers by rearranging ideas and reshaping sentences to make clearer connections.Editing and Proofreading: carefully examining a paper to see that it contains no errors of grammar, spelling, or punctuation. The four stages overlap, and at times you may have to back up and repeat a stage, but that doesnt mean you have to focus on all four stages at the same time. In fact, trying to do too much at one time is likely to create frustration, not make the writing go faster or easier. Writing Suggestion: Describe Your Writing Process In a paragraph or two, describe your own writing processthe steps that you ordinarily follow when composing a paper. How do you get started? Do you write several drafts or just one? If you revise, what sort of things do you look for and what sort of changes do you tend to make? How do you edit and proofread, and what types of errors do you most often find? Hold on to this description, and then look at it again in a month or so to see what changes you have made in the way you write.

Air Blue

The group is supposed to first analyze and then recommend the Vision and Mission statements based upon the characteristics discussed in text. Assignment #2 Report on Industry Analysis This assignment would encompass the following components: a. Introduction and History of the allocated industry. b. PEST Analysis and conclusion on industry attractiveness. c. Industry scanning using the Porter’s five force model and conclude on prevailing competition level. d. Make a list of opportunities and threats present in the industry emerging out of PEST Analysis and Porter’s Five Force Model in relation to allocated company. e. Make EFE Matrix of the company and interpret its result. f. Identify and make a list of CSF’s of the industry . Identify company’s major competitors and make CPM Assignment # 3 Report on Company Analysis On the allocated company from within the respective industry, each group is required to develop: a. Perform Strategic internal audit of the company of the following departments as per the guidelines given in the prescribed text book i. Marketing ii. Finance iii. RD iv. Accounting v. MIS vi. HR b. Complete internal audit and make list of key Strengths and Weaknesses of the company. c. Make IFE Matrix of the company and interpret its result. . Make SWOT analysis of the company and interpret its overall findings. Assignment # 4 A-Long Term Objectives In light of vision and Mission statement and SWOT analysis develop:- i. Long Term Financial Strategic Objectives of the company ii. Long Term Non-Financial Strategic Objectives of the company a B-Strategic Analysis and Choice I. Inputs stage This stage involves development of EFE matrix, CPM and IFE Matrix that has already been covered in assignment 1 to 3. (Just include findings) II. Matching Stage In this stage it is required to develop at least three out of the five matrices discussed below: i. SWOT matrix so as to develop four strategic scenarios (SO, ST. WO. WT) ii. SPACE Matrix for determining the organization’s overall strategic position. iii. BCG (If required) so as to determine the relative contribution of different divisions in terms of market share and industry growth. iv. IE Matrix using IFE and EFE scores ( done previously) v. Grand Strategy Matrix for formulating alternative strategy Set of feasible strategies emerging out of matching tools which company can consider for decision stage ? FINAL PROJECT REPORT PRESENTATION B-Strategic Analysis and Choice III. Decision Stage i. Compare all strategies included in sets of feasible strategies using QSPM of the allocated company. ii. Use excel spreadsheet for developing QSPM in order to evaluate the best alternative strategies set. This would require using the results from the input and the matching stage. Identify most attractive Strategies Using QSPM scores identify the most attractive strategies set to be followed by the company under the prevailing circumstances. Strategy Implementation i. Arrange the most attractive strategies sets in order of their priority in implementation to achieve company’s strategic goals ii. Specify the action plan that you are going to work on for implementation purpose for each strategy. iii. In order to implement any strategy you need to develop its annual objectives, policies and focus on the resources and other management issues that you may require your attention Evaluation and Control i. Specify the steps and measures to be taken for checking the effectiveness of the each strategy set after they are implemented. ii. Specify corrective actions to be taken in case of positive or negative variances for each strategy set. Conclusion i. Write a short note (1/2 Page) on how do you see the future of this company in next 5 years down the road specially with reference to your overall analysis and Strategy set that you have recommended. ii. Write down what Lessons you have learned from this project. Special Note: If required students can easily transfer these assignments and project into final MBA project by adding more articles, updated industry and company data, and surveys about the strategies being pursued by the company. You can round up your MBA project by making a complete strategic business plan of the company for the next 3 years in light of your recommended strategies Reports format and presentation instructions IMPORTANT NOTE : ALL REPORTS ARE TO BE SUBMITTED ON DESIGNATED DAY AND TIME WHICH WILL BE ANNOUNCED BY THE INSTRUCTOR –THERE IS NO CONCEPT OF LATE SUBMISSION Students are advised to strictly follow these instructions while compiling their assignment or final project reports, or making presentations (any deviation will result in deduction of marks): †¢Reports should be laser printed on A4 size (white) paper. †¢New Times Roman with font size 12 for the main body, Font size 14 bold for the sub heading, Font size16 bold for the main headings. Line spacing 1. 5 lines. Left justified †¢The title page of the report must contain: 1. Name and Logo of UCP 2. Title of the course and Section 3. Name of Industry 4. Company Name 5. Group members names and registration numbers 6. Name of the instructor 7. Date and Time of submission †¢Due references must be made where required in form of bibliography in APA style. ( Check the details of APA style of referencing on net) †¢Plagiarism would lead to negative marking or cancellation of the project. †¢Check spelling and grammar using MS Word spell check. †¢Presentation time would be 20 minutes followed by Q/A session in which each group member must participate. It should be on PPT slides. †¢Presentation should entail a brief summary of the industry and allocated assignments. Air Blue The group is supposed to first analyze and then recommend the Vision and Mission statements based upon the characteristics discussed in text. Assignment #2 Report on Industry Analysis This assignment would encompass the following components: a. Introduction and History of the allocated industry. b. PEST Analysis and conclusion on industry attractiveness. c. Industry scanning using the Porter’s five force model and conclude on prevailing competition level. d. Make a list of opportunities and threats present in the industry emerging out of PEST Analysis and Porter’s Five Force Model in relation to allocated company. e. Make EFE Matrix of the company and interpret its result. f. Identify and make a list of CSF’s of the industry . Identify company’s major competitors and make CPM Assignment # 3 Report on Company Analysis On the allocated company from within the respective industry, each group is required to develop: a. Perform Strategic internal audit of the company of the following departments as per the guidelines given in the prescribed text book i. Marketing ii. Finance iii. RD iv. Accounting v. MIS vi. HR b. Complete internal audit and make list of key Strengths and Weaknesses of the company. c. Make IFE Matrix of the company and interpret its result. . Make SWOT analysis of the company and interpret its overall findings. Assignment # 4 A-Long Term Objectives In light of vision and Mission statement and SWOT analysis develop:- i. Long Term Financial Strategic Objectives of the company ii. Long Term Non-Financial Strategic Objectives of the company a B-Strategic Analysis and Choice I. Inputs stage This stage involves development of EFE matrix, CPM and IFE Matrix that has already been covered in assignment 1 to 3. (Just include findings) II. Matching Stage In this stage it is required to develop at least three out of the five matrices discussed below: i. SWOT matrix so as to develop four strategic scenarios (SO, ST. WO. WT) ii. SPACE Matrix for determining the organization’s overall strategic position. iii. BCG (If required) so as to determine the relative contribution of different divisions in terms of market share and industry growth. iv. IE Matrix using IFE and EFE scores ( done previously) v. Grand Strategy Matrix for formulating alternative strategy Set of feasible strategies emerging out of matching tools which company can consider for decision stage ? FINAL PROJECT REPORT PRESENTATION B-Strategic Analysis and Choice III. Decision Stage i. Compare all strategies included in sets of feasible strategies using QSPM of the allocated company. ii. Use excel spreadsheet for developing QSPM in order to evaluate the best alternative strategies set. This would require using the results from the input and the matching stage. Identify most attractive Strategies Using QSPM scores identify the most attractive strategies set to be followed by the company under the prevailing circumstances. Strategy Implementation i. Arrange the most attractive strategies sets in order of their priority in implementation to achieve company’s strategic goals ii. Specify the action plan that you are going to work on for implementation purpose for each strategy. iii. In order to implement any strategy you need to develop its annual objectives, policies and focus on the resources and other management issues that you may require your attention Evaluation and Control i. Specify the steps and measures to be taken for checking the effectiveness of the each strategy set after they are implemented. ii. Specify corrective actions to be taken in case of positive or negative variances for each strategy set. Conclusion i. Write a short note (1/2 Page) on how do you see the future of this company in next 5 years down the road specially with reference to your overall analysis and Strategy set that you have recommended. ii. Write down what Lessons you have learned from this project. Special Note: If required students can easily transfer these assignments and project into final MBA project by adding more articles, updated industry and company data, and surveys about the strategies being pursued by the company. You can round up your MBA project by making a complete strategic business plan of the company for the next 3 years in light of your recommended strategies Reports format and presentation instructions IMPORTANT NOTE : ALL REPORTS ARE TO BE SUBMITTED ON DESIGNATED DAY AND TIME WHICH WILL BE ANNOUNCED BY THE INSTRUCTOR –THERE IS NO CONCEPT OF LATE SUBMISSION Students are advised to strictly follow these instructions while compiling their assignment or final project reports, or making presentations (any deviation will result in deduction of marks): †¢Reports should be laser printed on A4 size (white) paper. †¢New Times Roman with font size 12 for the main body, Font size 14 bold for the sub heading, Font size16 bold for the main headings. Line spacing 1. 5 lines. Left justified †¢The title page of the report must contain: 1. Name and Logo of UCP 2. Title of the course and Section 3. Name of Industry 4. Company Name 5. Group members names and registration numbers 6. Name of the instructor 7. Date and Time of submission †¢Due references must be made where required in form of bibliography in APA style. ( Check the details of APA style of referencing on net) †¢Plagiarism would lead to negative marking or cancellation of the project. †¢Check spelling and grammar using MS Word spell check. †¢Presentation time would be 20 minutes followed by Q/A session in which each group member must participate. It should be on PPT slides. †¢Presentation should entail a brief summary of the industry and allocated assignments.

Point of View Essay Example | Topics and Well Written Essays - 250 words

Point of View - Essay Example the reader does not get to know the name of Dee’s male companion because â€Å"after I tripped over it†¦he told me to just call him Hakim-a-barber.† It is also not clear whether the man is a barber or not because the narrator does not ask. Moreover, the readers cannot glean much about the relationship between Dee and Hakim-a-barber and where they have been before appearing on the scene. On the other hand, the first person’s point of view allows the readers to get into the story as they are able to see the world from the narrator’s perspective. A different type of narration, the third person, can alter the meaning of the story. It would have allowed the author to pursue multiple storylines; thus, giving the reader a broader views of the story. For example, it would have enabled the author to explore Dee’s life and by so doing, the readers would have been able to learn more about Dee’s companion. The narrator says â€Å"You must belong to those beef-cattle people down the road.† The readers may not be familiar with the kind of people that live â€Å"down the road†. The third person’s point of view would have allowed the author more room for shedding light on the beef-cattle people down the

Maintaining & Improving Operations Research Paper

Maintaining & Improving Operations - Research Paper Example Cold chain ensures that the integrity of the food is maintained and the nutritional value and freshness of the food is retained. The pull-supply chain has enhanced the effectiveness and the efficiency of McDonald’s. The supply chain is further characterized by the adoption and implementation of technology. The fast-food restaurants have implemented the demand chain planning to enhance the delivery of their services. Maintaining & Improving Operations McDonald’s Background In 1937, Maurice and Richard McDonald created McDonald’s at a small drive-in restaurant in the east of Pasadena in California. The two brothers were able to develop assembly line and food processing techniques. In 1954, Ray Kroc (a milkshake-mixer salesperson) saw as chance and made a franchise deal with the McDonald’s which provided him with special rights to franchise McDonald’s products in America (Tassiopoulos, 2009). The business enterprise of Ray Kroc was based on the basic p rinciples of Q.S.C. &V. (Quality, Service, Cleanliness, and Value) (Svoboda, 1995). Harry Sonneborn (a business partner with Ray Kroc), introduced a method for leasing stores in 1956; the franchisees were to be sub-leased the stores at a premium of 40 percent. Finally, McDonald’s bought land for the franchisees. Eventually, McDonald’s became the world’s biggest owner of retail property. ... There are two categories of suppliers that supply food ingredients, Tier-1 and Tier-2 suppliers. Processors and growers (mainly poultry farms, potato and lettuce growers, and companies that produce coating systems that coat chicken and vegetable patties) make up Tier-2 suppliers. Tier-1 suppliers are supplied with the ingredients and process them, for example, into potato products such as potato hash browns, wedges, and French fries (McCain Foods India Pvt. Ltd does the processing), or into chicken and vegetable patties (they are processed by Vista Processed Foods Pvt. Ltd.). The effectiveness of the McDonald’s supply chain is attributed to the unique idea of outsourcing work. The supply chain of the company is 100 percent outsourced. The company believes in outsourcing everything to people who are experts in the subject matter (Cheema, 2011). A remarkable feature of McDonald’s supply chain is a network that consists of the movement of goods via a cold chain. The cold c hain is important because it maintains the integrity of the food products and it retains their nutritional value and freshness (Kulkarni and Lassar, 2009). The cold chain is made up of the suppliers and in other cases the lettuce growers. In general, the cold chain starts with the Tier-2 suppliers. It is worth noting that the cold chain has an innovative and interesting feature; this feature permits the same truck to carry products at various temperatures. These products include frozen products (temperature ranges from -18C to -25C), chilled products (temperature ranges from 1C to 4C) and dry products (carried at ambient temperatures). It is important to note that McDonald’s is the only organization that has successfully

Accounting Disclosures In Context Of Corporate Governance Coursework

Accounting Disclosures In Context Of Corporate Governance - Coursework Example Firstly, the framework of corporate governance should ensure that timely and accurate disclosures are made on all material matters. These matters relate to the financial situation of a company, its performance, ownership, and governance. This principle ensures that an entity will disclose all material information in its financial statements that will be used by shareholders or prospective clients to make decisions. Secondly, the corporate governance framework should ensure the strategic guidance of the company, the effective monitoring of management by the board and the board's accountability to the shareholders. This means that management will always be on their toes to ensure that the operations of the company are well coordinated since the board of directors monitors them. Hence, appropriate disclosures are likely to be made due to the oversight role of the board. In conclusion, the attempts that have been made to improve accounting disclosures have been beneficial to the business world. According to Oppermann, this is because; various stakeholders have attained their goals through appropriate disclosures. Through corporate governance, managers have taken more responsibility and accountability in their roles in businesses as well as the board of directors. In overall, the public has gained more confidence in financial information published by companies, as they are aware that disclosures have been made guided by corporate governance principles and the accounting standards.

Hispanic Gangs Essay Example | Topics and Well Written Essays - 1250 words

Hispanic Gangs - Essay Example During a time of recession, this information sheds more light on the impact crime has on our society. Combined with the very real struggle law enforcement agencies face to retain employees and maintain budgets, the report signals a very serious factor degrading our communities." (US Crime Affects Economy, 13 March 2009). "There are about 500 Sureo Hispanic gangs in Los Angeles County representing over 50% of the gang memberbership. They are more geographically distributed throughout the region and are found in significant numbers in the San Fernando Valley, San Gabriel Valley, the Beach communities, Long Beach, Compton and South Los Angeles." (Hispanic Gangs in Los Angeles, 13 March 2009). The 18th street gang is very popular when it comes to Hispanic gangs in LA. The number of members of this gang range between 8000-15000 gang members. It is believed that this gang originated from the Clanton 14 street gang, the gang is further subdivided into 5 parts in order to ensure a better functioning of the gang. Most of the members belonging to this gang are of the Mexican origin and it was initially decided that only Mexican citizens would be allowed to join this gang, this was however altered later on. The gang does not have a central leader and it is fair to say that it is loosely structured. There is no leader to lead the gang and to take care of the smooth functioning of this gang. The members of this gang function individually; they however join hands when a rival gang attacks their gang. The members of this gang are easily identified by the tattoos on their body. Every gang member has the tattoo of no 18 on their body in order to make the identification process easier. "Some estimates of the 18th are as low as 8,000 members. The notoriety of the gang is based on four distinct barrios, three near downtown Los Angeles west of the Staple's Center and the 110 Freeway, and one in the West Adams area." (18th Street Gang in Los Angeles County, 13 March 2009). The no 18 is displayed with the help of a tattoo and it is usually in roman numbers. There is another tattoo that is mutually exclusive to this gang. Most of the members have the tattoo of BEST on some part of their body or the other. The word indicates that their gang is the best in the vicinity or may be the best in the world. The gang members have to follow strict rules in order to be gang members, they are restricted from making use of any hard drug like crack cocaine. If the gang members violate the rules of the gang, they are usually beaten up for 18 seconds for minor offences and executed for serious breach of the rules. The 18th street gang recruits young children and this practice is really bad in short term as well as long term. Thus this gang is often called Children's Army because of their practice of recruiting young children. The gang members expertise in drug trafficking, making illegal documents, exchange of arms and other serious criminal activities. US lead in terms of the financial loss incurred by a country because of criminal activities. There are so many gangs in the US which operate depending on the area

Minimum Wages Essay Example | Topics and Well Written Essays - 1500 words

Minimum Wages - Essay Example The workers who are having relatively more expertise in a certain job than the unskilled ones are categorized in semi skilled market. (A) With the use of diagrams illustrate and explain the likely effect of the introduction of minimum wage legislation on labor markets over time. Answer: The rates of minimum wage can vary across jurisdictions. The concerned authorities are entitled to set the minimum amount of wage for the workers. The indicators that minimizes the loss of jobs as well as maintains international competitiveness is used to set the initial minimum wage. The general economic conditions like real and nominal rates of gross domestic product, the supply and demand of labor force, and the level of inflation existing within the economy, the different terms of employment and costs of labor and business operation, the standard of living are taken into consideration as well. In a perfectly competitive labor market many firms are in competition in hiring workers. The firms lack t he power to set wages and the wage rate is determined by the market. If a firm deviated from that wage it losses by paying higher and gains if it pays lesser. In employer dominated labor markets there is a collection of some small local markets. Some firms enjoy the dominant position and a major employer has the capability to set the wage rate for the workers without the fear of competition from other firms (Flinn, 2010, p. 3).. In both the cases there are large numbers of workers and each of them has a reservation wage. The worker may not work if the wage rate is below his reservation wage. The relationship between the participants in the labor market and the market wage is regarded as labor supply and denoted by the upward sloping curve. The effect of the introduction of minimum wage legislation depends on the type of labor market. The employers’ power on wage decisions is dependent on whether the market is competitive or not. Two scenarios can be taken under consideration. The diagram below shows two market structures. Bothe panels have the supply and the demand curve for labor. The wage rate is depicted on the X-axis while total labor force N is depicted on the

One Flew Over the Cuckoo's Nest Film Review Movie

One Flew Over the Cuckoo's Nest Film - Movie Review Example Forman depicts how McMurphy uses his outgoing personality to make patients in the institution view their situation differently. He seeks to introduce reforms in the system of the mental institution ad rebel against nurse Ratched (Kesey). He exhibits his daring aspect at many instances and even does crazy things such as smuggling beer into the institution. The film exhibits numerous differences from the novel. It succeeds in making the characters real, but fails in advancing the plot to a level beyond its potential. Whereas, Chief Bromden is the main character as the well as the narrator of the novel, his role is superseded by that of McMurphy in the film. Moreover, the film does not present background information about the chief, which is available in the novel. Evidently, the film distorts some of the characters in the novel, although it makes the plot more intriguing. Whereas the film depicts Chief Bromden as only being able to speak a single phrase, the book highlights him as very communicative. Worth noting is the fact that the behavior and personality of McMurphy are altered immensely in the film, where he receives the leading role. This does not occur in the novel. Some critical aspects of the plot in the novel such as Cheswick committing suicide and McMurphy’s confirmation to the wishes of nurse Ratched are not included in the film. Notably, there are numerous changes in the film and the ones highlighted in this essay are not conclusive. Worth noting is the fact that the film received many awards because of its quality, but has been criticized for altering the plot

Minimum Wages Essay Example | Topics and Well Written Essays - 1500 words

Minimum Wages - Essay Example The workers who are having relatively more expertise in a certain job than the unskilled ones are categorized in semi skilled market. (A) With the use of diagrams illustrate and explain the likely effect of the introduction of minimum wage legislation on labor markets over time. Answer: The rates of minimum wage can vary across jurisdictions. The concerned authorities are entitled to set the minimum amount of wage for the workers. The indicators that minimizes the loss of jobs as well as maintains international competitiveness is used to set the initial minimum wage. The general economic conditions like real and nominal rates of gross domestic product, the supply and demand of labor force, and the level of inflation existing within the economy, the different terms of employment and costs of labor and business operation, the standard of living are taken into consideration as well. In a perfectly competitive labor market many firms are in competition in hiring workers. The firms lack t he power to set wages and the wage rate is determined by the market. If a firm deviated from that wage it losses by paying higher and gains if it pays lesser. In employer dominated labor markets there is a collection of some small local markets. Some firms enjoy the dominant position and a major employer has the capability to set the wage rate for the workers without the fear of competition from other firms (Flinn, 2010, p. 3).. In both the cases there are large numbers of workers and each of them has a reservation wage. The worker may not work if the wage rate is below his reservation wage. The relationship between the participants in the labor market and the market wage is regarded as labor supply and denoted by the upward sloping curve. The effect of the introduction of minimum wage legislation depends on the type of labor market. The employers’ power on wage decisions is dependent on whether the market is competitive or not. Two scenarios can be taken under consideration. The diagram below shows two market structures. Bothe panels have the supply and the demand curve for labor. The wage rate is depicted on the X-axis while total labor force N is depicted on the

Business Task 2 on reflection Essay Example for Free

Business Task 2 on reflection Essay UAE otherwise known as United Arab Emirates is amalgamation of 7 Emirates namely Umm Al, Quwain, Ras Al Khaimah, Ajman, Sharjah, Dubai, Abu Dhabi, and Fujairah. UAE is the second biggest Arabian Middle East economy. The United Arab Emirates is the number 3 biggest in this region in crude oil exporting, following Iran and Saudi Arabia. It possesses the number 6 biggest recognized conservative crude oil reverse and the 5th biggest natural gas reserves. The swift growth in demand of water and electricity has generated the necessity to appraise unconventional power generation sources. In the year 2008, the United Arabs Emirates produced energy white paper on study of energy that confirmed that nuclear power to be environmentally friendly and safe alternative which would increment the prevailing plants of power in accomplishing increasing energy requirements. 2.1 Objective of this study accomplishment                The objective of this study of examining whether ownership structure matters for the performance of firms in United Arabs Emirates was achieved. Empirical evidence suggests that privately held firms tend to be more efficient and more profitable than publicly held firms. This shows that ownership structure matters. The question now is how does it affect firm performance? This question is very important because it is based on a research agenda that has been strongly promoted by La Porta et al. (1998; 1999; 2000). According to these studies, failure of the legislative framework to provide sufficient protection for external investors, entrepreneurs and founding investors of a company tend will maintain large positions in their firms thus resulting in a concentrated ownership structure.                  This paper aimed at looking at whether ownership structure has an impact on firm performance in UAE. This region has witnessed significant economic growth over the last few decades. The region is also facing turbulent times with respect to corporate governance practices, resulting in poor firm performance. Corporate governance issues are not limited to the Gulf region. From a global point of view, corporate governance has witnessed significant transformations over the last decade (Gomez and Korine, 2005).                The data that is used in this study includes 362 non-financial listed firms during the period of 2006-2011 from Thomson one banker, Thomson.com, DataStream and annual report. Panel data is used to analyse the impact of ownership structure on firm performance number of independent directors on the board are controlled for. The different types of ownership structure that are included in the study are: managerial ownership, family ownership, government ownership, institution ownership, foreign ownership and concentrated ownership. Evidence personal learning and development 1.0 Effects of structure on firm performance                  It is indisputable, managerial ownership, Chairman own share, institutional investors, corporate total own, institutional owner domestic and corporate foreign all have positive effects on firm performance. The evidence is also consistent with theoretical and empirical arguments. On the contrary, When Return on Assets (ROA) is used as a measure of performance; the evidence shows that government ownership has negative effects on firm performance in United Arab of Emirates oil firms. Therefore, performance of United Arab of Emirates oil companies is affected by government ownership.                  The relationship between performance and ownership structure also differs for firm specific variables such as leverage, GDP growth and firm size. When the Tobin’s Q is used, the relationship is negative for leverage, GDP growth and firm size. The negative and significant impact of firm size on firm performance when Tobin’s Q is used can be attributed to the fact that large firms have limited investment opportunities, which limit their potential to grow and make profit. Surprisingly, the impact of GDP growth is significantly negative. However, when ROA is used, we did not find any significant relationship with firm performance in United Arab of Emirates oil firms.                   This study also shows that there may be a necessity to motivate policy makers of United Arab of Emirates oil firms to ensure that banks practice the mechanisms of corporate governance effectively. This practice should be compatible for the business environment of United Arab of Emirates oil firms, whereas adopting the same governance standards in order to ensure unification of disclosure level among the banks. It is expected that the best practice of the corporate governance characteristics will contribute to improve efficiency, effectiveness and monitoring in the Islamic banks of UAE. Therefore, this can only be applied by developing the regulatory and compelling frameworks.                  In the last 4 decades, researchers have believed that there is a connection between the firm performance and the ownership structure. In this regards, there has been publications of many studies on different markets to inspect this relationship. This connection between performance and ownership structure dates back to empirical study of Mean and Berle in the year 1932 that got that the weakness of shareholding in a negative way influence the performance of affirm via an inverse relationship. Generally, the number of well-developed policies and the present legal systems are poorly developed in the markets that are emerging. These new markets, according to most analysis studies, lack protection for their creditors and shareholders (La Porta, 1999). 2.0 Ownership structure in relation to firm performance                  The issue as to whether ownership structure matters for the performance of firms has been an important subject of debate in the finance literature. Empirical evidence suggests that privately held firms tend to be more efficient and more profitable than publicly held firms. This shows that ownership structure matters. The question now is how does it affect firm performance? This question is very important because it is based on a research agenda that has been strongly promoted by most researchers in economics. According to these studies, failure of the legislative framework to provide sufficient protection for external investors, entrepreneurs and founding investors of a company tend will maintain large positions in their firms thus resulting in a concentrated ownership structure. This finding is interesting because it implies that ownership structure can affect the performance of the firm in one way or the other. It is indisputable; the lack of regulations in corporate governance gives managers who intend to mishandle the flow of cash for their own personal interest a low control level. The empirical results from the past studies of impacts of ownership structure on performance of corporate have been inconclusive and mixed up. References Gomez, P.Y. Korine, H. 2005, Democracy and the Evolution of Corporate Governance. Corporate Governance, 13, 739-752. La Porta, R., L. et al. 1999, Corporate ownership around the world. The Journal of Finance, 54(2), 471–517. Source document

Key Differences Between Nature And Nurture Theories Psychology Essay

Key Differences Between Nature And Nurture Theories Psychology Essay Developmental psychology refers to the human development of cognitive abilities and social relationships across a lifetime (Colman, 2006). Understanding development has its importance as it provides insight into human behaviour. Over the years, a vast number of developmental theories that have aimed to offer insight into this matter have been put forward. The debate as to whether development is driven by nature (evolutionary processes) or nurture (environmental factors) or a combination of both fundamentally divides theories in the field and beyond (Maltby, Day Macaskill, 2007). The aim of this essay is to identify and explore the distinctions between nature and nurture theories. Some examples of developmental theories, such as the Maturation Theory, Learning Theory, Nativist theory, and Cognitive theory will therefore be discussed to illustrate these differences. Although the main topic of this essay is that of showing the distinction between nature and nurture theories, some scien tists suggest that in order to understand human development it is important to look at how nature and nurture interconnect not so much to stress the differences between the two (Lerner, 2002). Therefore the interconnections of nature and nurture will be also briefly discussed. Naturists believe that the knowledge humans have about the world is innate. Therefore human development is largely determined by heredity. Conversely, nurturists believe that is the environment which shapes and influences human behaviour. Some early nurturists, such as John Locke have put forward the extreme idea that humans come into this world as blank slates which will later be filled with knowledge acquired by learning and experience (Gross). Nature and nurture represent two radical points of view within the theories of development as if only one or the other would have all the answers as to account about how and why human development happen as it does. These radical views were easy identifiable in the early theories of development such as Gesells Maturation Theory (MT) and Watsons Learning Theory (LT) (Gross) Gesell (1925) believes that maturation is driven by inner, biological factors and that the childs development happens in stages. Conversely, Watson (1925) believed that it is the environment that shapes the human development (Daly, 2004). Watson suggested that the child comes into the world as a blank slate ready to be mould by the experiences he/she will have in the outside world. Ultimately, the environment will determine the direction of human development. For Watson (1925) the developmental process of behaviour is continuous as oppose to gradual as Gessell (1925) proposed (Shaffer). In addition, Watson argued that the nurturist approach is more viable as his findings were obtained by overt observation of human behaviour as opposed to inner, biological forces as described by Gessell which cannot be observed. (Watson). In order to show just how easy children can learn fear and other emotions, Watson has run an experiment with a 9 month old baby called Albert. When Albert was firstly presented with a white rat he played with the rat and showed no fear. After two months, Watson repeated the experiment only that this time a noise was introduced every time baby Albert reached for the rat. Baby Albert learned very quickly to associate fear with the presence of rat. Watsons conclusions were that conditioned emotional responses are learned and they persist. As a result this is what modifies and influences the changes in human development time and time again (Watson). On the other hand Gesell looked at childrens psychomotor development (e.g., grasping) and locomotion (e.g. crawling) and draw the conclusion that these abilities are dictated by the genetic material with which the child is born. These abilities develop naturally determined by an innate timetable, providing that the child is healthy and normal . (Gross) Therefore human development is dictated solely by heredity (Daly). These examples are relevant to the essay question as they underline very well the extreme differences between nature and nurture theories. Another way in which the distinction between nature and nurture theories can be observed is to think about language acquisition. Chomsky put forward the Naturist theory (NT) and suggested that humans are born with an inbuilt language devise. Skinner, on the other hand considers that human learn language as they do with any other behavior. Skinner has put forward to kinds of conditioning: classical and operant. In the classical conditioning he suggests that the child learns by association. For instance, if the word chocolate is followed by chocolate tasting, the child will soon learn that every time he hears the word chocolate will salivate because he/she associates the word with the sweet taste of chocolate. In the operant conditioning children learn by reinforcement (punishment or reward). Therefore learning language is all about nurture (environment, experience). Chomsky thinks that language is used creatively and that the LAD is activated by the environment at a certain age otherw ise it will not happen. For example, Jeanine a 13 year old who was kept in isolation by her father was not exposed to language. She was never able to use language properly again. This backs up Chomsky hypothesis that language is innate and if it is not learned by a certain age it will never be acquired. These theories are yet another example of how different the views of naturist are in comparison with nurturists. However, all these theories that have been discussed so far in order to underline the distinction between nature and nurture fail in one way or another to construct the whole picture of how human development happens. Maybe a better insight into human development will be therefore obtained by looking at the interconnection of nature and nurture as Piaget explained when he put forward his Cognitive Theory. Piaget saw develeopemnt in a different manner. He believed that humans are born with biological ability of adapting to environament. In other words, humans are coming into this world genetically predisposed to develop and acquire knowledge and inteligence. Piaget idea was developed around two major concepts: assimilation and accomodation. Assimilation refers to the fact the humans have the cappacity to assimiltate new information and integrate it into already established structures. HE named these already exisiting structures schemata or the mental structure. Accomodation refers to t he change which takes place in the mental structure that already exisit in order to make space for new incoming knowledge. Intelligence is highly dependent upon the interconnection bewteeen assimilation and association. Piaget also believed that development happens in stages and that younger children think different then older children and adults. He identified 4 stages: sensori motor, pre-operational, concrete operational , formal operational. Piaget through his cognitive theory identified the importance of understanding that human development cannot be sexplaiend entierly just by taking into account the only the nature factor or only the nurture factorolely. The genetic material with which humans come into the world needs and environment in order to develop and grow and also the environment cannot influence a entirely a blank slate. To summaries, as shown an enormous amount of work has gone into studies set out to investigate the human development. Moreover, these theories have looked at how humans develop their personality, intelligence, how they interact with family and peers and how that affects their development and what forces drives this development. Although plenty of evidence has been presented in order to support either side in this nature versus nurture debate it seems almost illogical to try and think that human development can be either influenced only by nature or nurture. The most logical evidence so far has been provided by those scientists who have suggested that there is the interconnection of nature and nurture which drives development, shapes human personality and behaviour and makes humans who they are. Piaget maybe one of the most active researcher in this field has shown that human behaviour cannot be understood by only taking into account just the nature aspect or just the nurture aspect. Nature and nurture interconnect, human development cannot happen without one or the other. The genetic material with which humans come into the world needs and environment in order develop and grow and also the environment cannot shape entirely a blank slate. A better insight into human development can be obtained if scientists focus more on the interconnection between nature and nurture rather than looking at the differences between the two.

Compare and Contrast Between Rwanda and Darfur Genocide, from the Const

The analysis of the genocides that took place both in Rwanda and Sudan’s Darfur region exhibit some similarities as well as differences. The character of violence was similar in both cases, but in Rwanda the violence was more intense, participatory, and extraordinary. The violence in these two places took place in an environment that had experienced civil wars. It was a period of political transition which was further aggravated by ethnic nationalism and a conflict of ethnic populations that were living in close proximity. However, in the Rwandan genocide, the state is more centralized, compact, and effective. This is what explains the intensity and variation. The international response to these genocides through observers emphasized on using the genocide label to create domestic constituencies especially in the Rwandan case. The Darfur case however, revealed that both of these strategies are not effective. Responding to the genocide in Darfur, the US officials declared the label genocide to be occurring. Thereafter, a politically civil-society coalition emerged so as to lobby the administration. The net outcome of these two scenarios however was the same in the absence of effective policies that could halt the genocide. The Rwandan genocide has always acted as the point of reference for similar genocides taking place around the world. Since the 2003 crisis in Darfur, a lot of comparisons have been made to Rwandan genocide. Observers have likened the Darfur genocide to what happened in Rwanda and of course giving it two connotations. First, the violence in the western parts of Sudan has been referred to another Rwanda, by basing their arguments on the nature of the violence. Since whatever was happening in Darfur is similar t... ... different since the US was guided by the realism approach of not extending humanitarian help beyond their borders. Works cited Kupperman, Alan. Genocide: The Cases of Rwanda and Sudan. (2007) Retrieved from http://www.fpri.org/footnotes/1215.200705.kuperman.genociderwandasudan.html Lim, Timothy. Analyzing foreign policy: duties beyond borders? (2000) Retrieved from http://instructional1.calstatela.edu/tclim/F09_Courses/425f09_duties.pdf Merlingen, Michael. European security and defense policy: an implementation perspective, (2008). New York: Routledge publishers. Shapiro, Alan. Genocide in Darfur, Inaction in the Security Council Retrieved from http://www.teachablemoment.org/high/darfur.html Straus, Scott. Rwanda and Darfur: A Comparative Analysis. Retrieved from http://www.chgs.umn.edu/histories/occasional/StrausGSP2006.pdf

Sir Gawain And The Green Knight: Stanza 74 Essay -- essays research pa

In stanza 74, fit III, the lady of the castle offers a magical, green girdle to Sir Gawain and explains to him that the wearer of this corset "cannot be killed by any cunning on earth." Sir Gawain, amidst an ethical dilemma, accepts the gift and chooses to conceal it from Lord Bertilak. This passage contains three of the main themes of the story – the inner and outer conflicts between Sir Gawain’s ethics and desire to live, and the test of religion. When Sir Gawain is offered the girdle, his knightly principles are questioned. The honorable thing would be to reject the offer or bring it to the lord of the castle, but Gawain places the preservation of his life ahead of chivalry. The knight has withstood the lady’s constant barrage of sexual advances, and kept his promise to the lord of the castle, but when the chance to save his life is presented, he snatches it up without a second thought. This point is shown by the way the author puts "Outright" on a line of it’s own, emphasizing Gawain’s quick decision. He is then ecstatic about the thought that he will survive his meeting with the knight the next day, shown by "often thanks gave he/ With all his heart and might." Later, Sir Gawain finds three faults in his actions, the first being his cowardice – in direct contrast to the main principles of knighthood, the second being his covetousness, his lust for life, and the third being his lack of faith in God. Even when it is shown that God has forgiven him by healing the wound on his neck, Sir Gawain still feels that he has sinned, and is not as willing to forgive himself. He decides that more atonement is in order, so he makes the decision to wear the girdle from then on, as a sign of his eternal sin, but even then he does not feel that he has been cleansed of his sin. He understands that he will be forced to bear the shame and disgrace of the sin for the rest of his life. The observers’ opinions of whether Sir Gawain is forgiven are the complete opposite of Sir Gawain’s. In the passage, it is mentioned that the lady kissed the constant knight. The question arises as to the author’s meaning of constant. It is obvious that it does not mean that Gawain is constant in his moral decisions, as he just made an unethical decision. It also wouldn’t mean that he is determined or steadfast, for he just caved in to h... ...ly a minor sin though; when the truth about the Green Knight is revealed, Sir Gawain is repentant, and his penance is served through the knick of Bertilak’s axe. Though technically Gawain fails the test when he gives into the lady’s temptations, he does well enough to pass in God’s eyes. As mentioned before, Sir Gawain is forgiven by God, as shown by the healing of the axe wound. The combination of these three themes creates a complex moral dilemma for the antagonist, Sir Gawain. This perplexity asks the question of life versus religion; is it acceptable to forsake God to save one’s own life? In the poem, obviously, it would have been wiser for Gawain to have denied the gift of the girdle; denial of the offering would have been the more ethical, socially acceptable, and pious choice to make. Sir Gawain’s acquisition of the present is accepted by others and by God as only a minor fault, and that is the author’s point. When confronted with a complicated decision, the person making the judgment will always be either supported or forgiven by his peers and by God; that person must appease themselves, however, and make the decision that he or she feels is ethically and morally correct.

Rhetorical Crtique Essay

On this rhetorical critique, I will be talking about the driving community of the state of Florida. As we all know, Florida is infamous for it’s terrible accidents. John Couwels and Vivian Kuo, journalists for CNN, prepared an article about the multi-car crash that occurred on January 29th,2012, where 11 people were killed and 46 others were injured. I chose this article because car accidents are a daily event in the state of Florida. However, the roads are spacious and for the most part, well designed. Florida drivers are being held accountable for the wreck due to their lack of safety precautions used while driving through a high fog/smoke area, caused by a nearby forest fire. This article is great for a project proposal; it addresses the drivers bad decision making when faced with cautious situations. The article named â€Å"Florida Highway Patrol: Some drivers didn’t slow before crashes†, explains that the Florida Highway Patrol prepared a traffic report holding the drivers of the crash, responsible for their actions by continuing to drive without headlights or warning signals, and without slowing down. The highway patrol quadrupled their staff on the road, and reported that conditions were clear enough to drive. Barely half an hour later, a car crash involving 25 vehicles closes the I-75 by gainesville. According to the report, drivers did not take the proper precautions assigned after fog and smoke warnings were placed on the road, causing more vehicles to smash into accidents that did not have enough time to be cleared from the road. This article informs us really well of a community problem. The authors use quotes from people who attended the scene giving a sense of complete reasoning or â€Å"truth† over emotion. The article continues by saying that the highway patrol has already accepted different measures and policies to promote a more secure Florida through professional law enforcement and traffic safety awareness. The specific type of writing is quoted when witnesses or police officials are interviewed. The writing that is used in the article is useful for making the reader visualize the event through a witness’ eyes.

Call of the Wild Theme Project

October 1st Period E1 Call of the Wild Theme Project â€Å"†¦he may be seen running at the head of the pack through the pale moonlight or glimmering borealis, leaping gigantic above his fellows, his great throat a-bellow as he sings a song of the younger world, which is the song of the pack. † How did Buck, an ordinary domestic dog living in the sun-kissed Santa Clara valley in California, go from being the favored of a wealthy judge, to the head of the wolf pack in eastern Alaska? Buck makes many enemies along the way, but he also makes friend that will always have an impact on him.Learns lessons he would need to know to survive this treacherous land. Even finds out what it’s like to live in the foot-steps of his ancestors, and Buck loves every minute of it. He loves the feel of being an un-domestic wolf in the wild. All he has to do; is heed the Call of the Wild. Buck matures greatly in chapter one. He learned that humans were to be trusted, but also respected. T hat is the law of club that the man in the red sweater taught Buck before selling him to Perrault and Francois. It’s a very important lesson in this chapter.Buck’s life changes gradually here; Manuel, the gambling grounds keeper, sells Buck to men who are traveling up North for the Arctic gold rush, Buck is starved for days before meeting the man in the red sweater, who beats Buck with a club to show that man must be obeyed and respected, then gives Buck food and water to show him that man can also be trusted. This is the law of club that Buck will live by during his life in Alaska. Chapter two, The Law of Club and Fang, is precisely what the name states.Buck learns about the law of club and fang. But he also learns of his bitter hatred towards fellow sled dog, Spitz, when he laughs at the death of another dog, Curly, who was maimed by other huskies. Life is fairly tough in the Northland for Buck. He is expected to learn the rules of sledding fast, and he takes up to t hat is record time. Once a mistake is made, he knows how to keep it from happening again. All the laws of the North are hurling themselves at Buck, expecting nothing less than excellence. The law of club nd fang has deeply embedded itself into Bucks brain, taunting him with nightmares of experience; â€Å"If you fall, you die. † It has taken these words and paired them with Curly’s death as a reminder to Buck of what must be done. What must be done to survive. In this chapter it becomes apparent that Spitz shares in his hatred towards Buck, so, after a good while of trying to avoid it, Buck gives Spitz just what he wants; a fight. Bucks personality is gradually changing, also. He is growing out of the domestic dog that he once was and has become more like the wolf.During this chapter, Buck’s character change is apparent when he starts challenging Spitz’s authority, and gets the other sled dogs to do so as well. Soon, a ruckus arises over the camp when Buc k and Spitz have at each other. Just when Buck looks to be defeated, he cunningly tricks Spitz and takes his position as dominant primordial beast. Here, is where a lot of the lessons pile on Buck. While being lead dog, Buck learns how to gain everyone’s respect as the head dog. Then, when he is again sold to another owner, he gains the exact same respect from the fifty other dogs there.He matures greatly as leader and enjoys what he does, but he can’t help but want something more. Something else. While working as a mail dog, Dave, one of the dogs from Bucks previous job whom is very proud of his work, gets internal injuries and can no longer pull a sled. He is devastated when they try to cut him out of the traces so they let him work for as long as he can bear it. Then they let him go, putting an end to his misery. From Dave, Buck learns that everything, everyone, has a limit, that nothing can ever really last forever.In this chapter, Buck is introduced to yet another set of owners. Charles, Hal, and Mercedes aren’t what would cut for working people. Actually, they would be the complete opposite. They are foolish, daft, lazy, and a very important part of Bucks growth in this book. From them Buck learns that discipline was never given upon him in the past because of cruelty, it was because past owners never would have tolerated such disorder as these three. They were cruel to the dogs to allow little rest and hoarding their food.The group comes up to the camp of John Thornton soon and they are but a memory to Buck; after the abuse that Hal commits to Buck when he refuses to move from his resting place. Thornton steps in and saves Buck from Hal’s cruel whip and club. Hal stubbornly pulls his sister and brother-in-law along the path, against Thornton’s advice. They disappear under the ice as soon as they set foot on the frozen river, leaving Buck in the care of John Thornton. This chapter is incredibly important to Bucks maturi ty. This chapter is where Buck expresses his love for John is many ways.Buck realizes, what with all the different owners he has had, he has never felt love to anyone. None until John Thornton. When Buck loves John, he means to even jump off a cliff for him, his love is so strong. His trust in the man so sure. In fact, Buck saved John from a raging river at the risk of his own life. His love for John goes completely the length of his heart, is the only way to describe it. In this chapter, Buck is compelled more than ever to answer to the call of the wild, but does not want to break ties to the owner whom he loves so dearly.He cannot leave John, even if he wanted to. His love is to deeply embedded into the both of them. That is until, while Buck is stalking a moose, John and his team of few dogs and comrades are killed by the Yee-hats, a native to Alaska. Buck continues to hunt, unknowing of what awaits him at camp. When he does make it back to camp, he finds the remains of the Yee-h ats good work done. He also finds lingering members of the tribes and manages to kill score of them. After that, Buck can’t help to feel pride in the mixture of devastation over loosing John.He had killed man! The top hunter, the ultimate prey! This brings Buck to stand where he belongs; at the top of the pack. The lead in the group of wolves. The legend carried from generation to generation. The wolf that never forgot where it belongs, or who got him there. The story of Buck never fails to warm the heart and entice you with life lessons told in a way you’d never forget. Buck learns that you need to do what you really want to do in life, to follow your instincts, and to be the best you can be.He knows how to life his life; the way he wants to live it. He learned that if you fall, you can just pick yourself right back up again. He learned that love is both valuable and dangerous. That is must not be misused because of consequences. But most of all; he learned to never g ive up. That if there is something out there that you want to do, don’t let anything get in the way of it. He followed his dream of being a wolf as soon as John died because there was nothing holding him back anymore. He knew that it was time for him to become what he was meant to be.