Richard Nixion Essay Example | Topics and Well Written Essays - 1000 words

Richard Nixion - Essay Example It is high time that the American masses must recognize the achievements of Richard M. Nixon as an astute president and a great leader. Presidents like other common people, simply cannot choose the families in which they should be born. Richard Nixon certainly had a troubled childhood lacking in any form of motherly love and affection (Powell, 1999). An ill-tempered father who did not hesitate from exposing his progeny to blatant abuse and intimidation further worsened this situation (Powell, 1999). The battered and gloomy childhood of Nixon was further burdened by his father's panache for endowing his children with grandiose names owing origins to the English kings (Powell, 1999). Hence, Nixon always had to face bitter circumstances on the personal side of his life, giving way to an anxiety driven mindset obsessed by a yearning to win acclaims and honors from the people he intended to serve. Analyzed in such a backdrop, the achievements of Nixon as a man and a leader definitely stand to be tremendous and remarkable. Primarily, Nixon was a polished politician. In fact, there is no denying the reality that Nixon was a politician par excellence, who started exhibiting his tact and ingenuity right from the start of his career (Small, 2003). The politics of Nixon was always a mix of passion and drive. He successfully fructified his very first campaign for a congressional seat by tactfully revealing the left wing affiliations of his opponent. He established himself as a worthy tactician and strategist who was known for his strong anti-communist leanings, a trait that secured his candidature for the vice-presidency in 1952 (Pious, 2002). In the presidential campaign in 1952, he singlehandedly turned the tables against Adlai Stevenson by projecting himself as a champion of integrity and uprightness through a nationwide television address (Pious, 2002). Nixon was a politician who always did his homework. No doubt, the opponents of Nixon always found him a tough and formidable competitor. Even a cursory perusal of Nixon's history as a politician and a campaigner leaves no doubt as to his genius and marksmanship. During the illness of President Eisenhower in 1955-1957, Nixon conducted himself with an exceptional restraint and aptly handled the day- to- day administrative activities. The conduct of Nixon as a vice president and the Eisenhower-Nixon succession agreement meant to handle possible eventualities even today serves as a guiding model for the administrators and politicians (Pious, 2002). As a vice president, Nixon successfully campaigned for many Republican congressional representatives in 1954-1958. The White House always forwarded Nixon as an antidote against the Democratic aspersions regarding being lax on communism (Small, 2003). Nixon stymied the Bricker Amendment intending unprecedented constraints on the presidential powers (Small, 2003). In 1960, Nixon successfully won the Republican presidential nomination. However, he lost to John F. Kennedy primarily owing to the weak economic policies of Eisenhower.

Architecture to Combat Global Warming

Architecture to Combat Global Warming Introduction: Global warming is serious problem affecting our planet, if continually ignored, climate change, air quality, the environment, and over all quality of life of mankind is at serious risk. As Architects what measures can we take to prevent and adjust to a changing world? Even though it is very difficult to reverse all the damage done by global warming and get cooperation by all industries and fields, I believe it is an Architects job to lead and be the change we so desperately need. The purpose of this research report is to bring awareness not only to global warming but also look into the importance of Architecture, to combat global warming. I believe Architecture is the key to changing future infrastructure that leaves no building footprint and works with environment not against it. My report will address questions of what global warming is and its causes and effects. Also I will begin to address the role Architects play in regard to this changing environment. I provide key components Architects keep in mind in their design decisions, like skin and site placement, and give building precedents that display progressive green design. Global Warming: In order for anyone to deal with crisis of global warming, we must understand what it is and how it came to be. According to the United Nations Panel on Climate Change, climate change or global warming intensifies the greenhouse effect, a natural process that keeps the Earths climate in an agreeable range for life.Located in the Earths upper atmosphere, carbon dioxide, methane, water vapor, and other gases constantly absorb heat and reflect it back to the Earths surface. These greenhouse gases keep our planets temperature fairly warm and habitable for us to live. The greenhouse effect is a very important and vital part of the Earths ecosystem and balance but from the beginning of the industrial age, humans have increased the levels of greenhouse gases in the atmosphere, especially carbon dioxide due to combustions of fossil fuels. The extraction of coal, oil, and natural gas to generate electricity, to provide fuel for transportation, and drive our manufacturing processes, results in carbon dioxide emissions. Role of Architects: Architects potentially play a huge role in reducing the rate of global warming and have an immense impact on how we run our society, our infrastructure, and our industry. In essence, they play a major role and can tremendously contribute to how we can deal and overcome the environmental crisis we are in. The practice of architecture exercises a significant influence on the physical environment in which we live. This is true not only for buildings that architects design but also of the effect their decisions have on the natural environment. Architects must realize that a building requires energy for operation, for demolitionfrom the productions of a steal beam to delivering it in a fuel consuming truck, finally to raising it into place with a fuel consuming crane.4 All these operations should not be taken for granted; architects must use our precious non renewable resources wisely, by designing energy conscious and sustainable buildings. Although it is not the architects main job to save energy, it is important for the architect to use energy carefully and ensure a suitable habitat for future generations. A building must be able to sustain itself through an energy crisis, working with the environment not against it. Now that sustainability and green architecture has come to forefront by leaders like Al Gore and Barack Obama, it is imperative for architects to take initiative. Architecture Energy Consumption and Building Operations: Before the 1970s the United States was forced to re-evaluate energy production and consumption, Architects had no care about the relationship between energy use and buildings. For example the skin of a building was thought of as a two dimensional object, that just defined the edge between the inside and outside of a building.Now this attitude toward architecture is changing, when one realizes the impact architecture has on energy consumption. Between thirty to thirty six percent of natural energy consumption goes to building operations. Some examples of these building operations include air conditioning, lighting, fans, motors and domestic hot water. By the mid 1980s Architects reduced building operations by fifteen percent less than the previous decade, due to an awareness of building construction and use of materials.4 An example of such advancement is the raised insulation standards and many HVAC and lighting systems that are inefficient have been removed. These movements toward green architecture and meeting of LEED standards are very important steps Architects can take to change the way we building our infrastructure. Key Architecture Strategies and Components regarding the environment: The building must be responsive 4 to the elements, the environment and the building must be able to coexist with in a neutral balance. Architects must build site specifically, taking the orientation of a building regarding solar angles and prevailing winds into account. For example the Centre International Rogier Project located in Brussels is a great example of a tower block being site specific and site favorable. The renovated features include ventilated cavity windows, operable windows, energy generated wind turbines, favorable sun orientation for wind turbines and solar panels. The use of natural forces can reduce energy costs and work with environment rather than against it. The design of a building to change with its environment is very important, for example a building with a dynamic 4 skin is very vital, the use of a shutters, awnings, shading systems, or light sensitive glass4 can help lower energy cost, while giving the infrastructure a sense of self sustainability and an eco-friendly outlook. These small measures can make a huge difference in energy conservation; alleviating our dependence on heat engines, as well as reducing emissions of greenhouse gases into the environment. If this trend in green architecture continues, in the future we may have buildings that generate their own clean and renewable energy and have enough left over to help out other urban areas. Lastly I would like to give some examples of sustainable architecture that work and where the architects took initiative in creating new innovative design ideas to help alleviate enhanced global warming. The Ventiform research project, designed by Foster and Partners although never built is a great example of new thinking with in their field. The high-rise building uses an aerodynamic form, which enhances the energy generating capabilities of the wind turbine located at the top of the building and the building self sufficiency.The high-rise structures wind turbine not only generates clean, renewable energy but also can power 1500 suburban homes, an incredible design proposal. Conclusion: As the world finally comes to terms with global warming and how the planet is being affected by the human footprint, we realize what an important role Architects play in helping slow down global warming. Architecture is a vital tool not only for expressing art through forms, but also it is a way to help sustain and better our environment. References: Dumaine, Brian. Plot to Save the Planet: How Visionary Entrepreneurs and Corporate Titans are Creating Real Solutions to Global Warming. New York: Crown Business, 2008. Gissen, David. Big and Green: Toward Sustainable Architecture in the 21st Century. New York: Princeton Architectural P, 2003. Stein, Carl. Advp -1 : Energy-Conscious Architecture. Washington D.C.: National Council of Architectural Registration Boards, 1993. Langwith, Jacqueline. Renewable Energy. New York: Greenhaven P, Incorporated, 2008. Tennesen, Michael. Global Warming. New York: Alpha Books, 2008. Websites: http://www.effectofglobalwarming.com/images/What-is-global-warming-img.jpg http://i.treehugger.com/images/2007/10/24/stat-green-building.jpg

Business Etiquette Essay -- GCSE Business Marketing Coursework

Business Etiquette The Importance of Etiquette Etiquette has always been an important part of life, be it social or business. However, it seems that business etiquette is has become more important in the last decade. This is mainly due to the fact that the business world is becoming more global and that â€Å"relationship selling† has become must for success. Etiquette is important for a variety of reasons. It helps to ease what might become and uneasy situation and can make or break business relationships that are worth millions of dollars. In essence, etiquette helps people to understand what is appropriate in any situation. It is also important to know the difference between business protocol and business etiquette. Business protocol determines what actions you take in a situation. Etiquette tells you how to take those actions. According to Ann Marie Sabath, there are a few guidelines that professionals should follow. Firstly, be proactive. Find ways to establish relationships with clients before they need to purchase something from you. Secondly, send a thank-you note. If someone is willing to give you 15 minutes of their time than they deserve a written thank-you. And thirdly, be a good sport. Even if you have been turned down by a client, thank them for giving consideration to your company (Bass, 2000). The Effects of Social Etiquette on the Business World The business world of the past encompasses a predominantly male environment with innate, discerned guidelines. Today, the business arena has changed with the civil rights movement and the entry of women into the workplace. The changes continue to evolve with other sociocultural issues. In order to be successful in the business world a masterization of business etiquette is imperative. There is a sizeable difference between social etiquette and business etiquette. Social etiquette is primarily based on chivalry, which includes the concept of protecting women. Business etiquette, on the other hand, includes military origins based on hierarchy of power. This effects the behavior in the business world in as much as men and women are treated equally as peers. For example, if one should hold the door open for a woman, he/she should open a door for a man in the same situation. Regardless of gender doors are held open for superiors, clients, peers following close on one heel... ... integral part of our daily lives. It is very easy to slip into â€Å"casual speak† when dealing with business e-mails. However, business professionals should keep in mind that they are dealing with other businesses and the same formality use when face-to-face should be used for writing and sending business e-mails. It may also be a good idea to take a few tips from the pros†¦literally. There are several services that provided by etiquette consultants. Many of these services can be found online or in your nearest bookstore. Knowledge it the most important aspect of good business etiquette. Works Cited 1. Alihan, M. (1970). Corporate Etiquette. New York: Weybright and Talley 2. Mathew Ferrara Seminars. Http://www.mfseminars.com [Accessed: 2000, October 9] 3. Jankowic, E. (1986). Behave Yourself!. New Jersey: Prentice-Hall 4. Klinkenberg, H. Http://www.etiquetteintl.com/manner.htm [Accessed: 2000, October 9] 5. Martin, C. Untitled. Http://www.builder.cnet.com/Business/Rules [Accessed: 2000, October 9] 6. Pearce, F. Business Etiquette International. Http://www.bspage.com/Inetiq/Netiq.html [Accessed: 2000, October 8]

How Cleanliness Can Influence Life of Kazi Zawad Badruddoza

Whereas the cleanliness is relate well to the aspects in our life. There is some reason why cleanliness is important to our life. Cleanliness influences our health, controlling our mood and then keeps the relationship with our friends. The clothes and the pants which we wear must be clean so that no more germs that can affect allergy like irritation. The food and the drink which we consume must be clean from microbes to prevent risk of illness like stomach ache, diarrhoea and many more.Then, the objects around us it should be clean from dust so we not experience the respiration illness. With kept our cleanliness so that our life must be healthy. Another reason we must watch cleanliness because the cleanliness can controlling our mood. Cleanliness makes us feel fresh and comfortable. A clean room makes us feel freshness because all of the objects are clean and free of dust so that the air is fresh. Its floor is clean so there are no bacteria or microbes and we can do the activities wi thout worried about hygiene problem.Cleanliness can be regarded as personal or environmental. These habits ensure that a person would stay fit and healthy for a long time so you will not be force to use those anti aging treatments or some sort of surgery. These habits help us in developing an ideal and healthy life style which makes our lives even more delightful and joyous. Lesser effort would result in more success if a person has healthy mind and a healthy mind can only exist in a healthyCleanliness is one of the good qualities. It is a part of our civilization. A man of dirty habits is far from civilization. So, with the progress of civilization man cleans himself more and more. He cleans his body. He cleans his mind and heart. He cleans all his action and manners. He cleans his soul. This will lead him to the highest form of civilization. But on the cleanliness of body, depend all other cleanings. Hence, cleanliness is considered so important.

Pestel Analysis Essay

1. Explain the following concepts 1. Extended enterprise 2. Terminal delays 3. Reorder level 4. VMI 5. Pipeline inventory 2. Read the case and answer the following questions Mumbai Flour mills provide high-quality bakery flours to commercial bakers as well as to the consumer market. The commercial buyers have consistent demand and brand-loyalty, whereas consumers have minimal brand-loyalty but also generally prefer known names over store brands. Demand is seasonal for the flours with the annual break occurring just before Diwali and slacking off dramatically during January and February. To offset these both, Mumbai Flour Mills and its major supermarket chain-accounts carry out special deals and sales promotions. The Production planning Dept. of the company located at Akola, Maharashtra, has the responsibility for controlling the inventory levels at the plant warehouse at Nagpur as well as three distribution centres located at Nasik in Maharashtra, Bhopal in Madhya Pradesh and Hyderabad in Andhra Pradesh. Planning has been routinely based on past experience and history. No formal forecasting is performed. Distribution centres get their requirements by rai l from Nagpur. The lead time of replenishment from Nagpur to distribution centres is 7 days. The replenishment rate is 48 to 54 pallets per wagon depending upon the type of wagon used. In case of any emergency demand, eighteen pallets can be made available by truck with a 3 days transit time. Recently the company has experienced two major stock out for its consumer-size 5 Kg. sacks of refined quality white flour. One of these was due to problems in milling operations, the other occurred when marketing initiated a â€Å"buy one, get one free† coupon promotion. Since these events, the planning has become overly cautious and errs on the side having excess inventories at the distribution centres. Additionally, two other events have affected Distribution Centre’s throughput: (1) implementation of direct factory supply for replenishing the  five largest super market chains, and (2) a price increase making Mumbai Flour more expensive than its national brand competitors such a Pillsbury or TATA Maida. Of 1500 pallets in the Hyderabad Distribution Centre the Mumbai Flour Mills shows only 396 pallets for open orders. This has led the company to use outside overflow storage, where there are another 480 pallets. Flour is easily damaged; hence, Mumbai Flour Mills prefers to minimise handling. Over stocking at Distribution centres alone cost Rs. 1.85/- per pallet for outside storage to which must be added Rs. 4.25 per pallet extra handling and Rs. 225 per truckload for transportation. Similar scenarios are being played out at the other DCs as well. Mr. Mohan, the distribution manager is contemplating various approaches to solving the inventory problem. It is clear that the product must be in place at the time a consumer is making a decision to buy the product, but the company cannot tolerate the overstocking situation and the stress that it is putting on facilities and cash flow. Mr. Mohan’s first thought is â€Å"a better information system† which will provide timely and accurate information throughout the organisation. On the basis of above case answer the following: (1) Evaluate the alternative solution that could be considered by Mr. Mohan. (2) What additional solution do you propose? (3) Examine the transportation system and its drawbacks. Section 2- answer any 3 questions 3a. Explain the difference between 3 PL and 4PL 3b. What should a logistics focused organization do for customer service? 4a. Explain the concept of containerization and explain its significance in transportation 4b. Explain some important factors that decide the location of a warehouse 5a. Explain the significance of ABC analysis of inventory management 5b. Explain the significance of inventory management 6. Short notes on any 2 1. Activity based costing 2. Internal measures of performance management 3. Modern logistical infrastructures

Cloning Should Be Permitted Essays - Molecular Biology, Cloning

Cloning Should Be Permitted Essays - Molecular Biology, Cloning Cloning Should Be Permitted Cloning Should Be Permitted Cloning has been a very controversial topic since it affects moral values of human beings and other living things alike. In February 1997, scientists announced the birth of the first cloned sheep, and this predicted the future of cloning possibilities. The scientists began extensive experiments on cloning and have cloned both plants and animals successfully. The next step was to clone actual human beings. Before the experiments could have been carried out, pressure from the society started build on the scientists. Governments began to introduce bans on cloning, because they felt cloning was not ethical and morally correct. Cloning has its cons but its pros seem to overcome them greatly. If cloning were allowed to be experimented, the scientists would find a way to clone body organs which were exactly the same of an individual body organ. This would be beneficial to a person who may have lost a body organ, such as a kidney, a liver and a lung. Scientists could clone a particular organ for the individual, which would work better than a transplant organ. Cloning would certainly expand the range of medicine greatly and enhance the possibilities of conquering disease, such as Parkinsons disease, cancer and other diseases that were considered incurable . Also, cloning could be used to increase the population of endangered species of animals and save them from extinction. It would help maintain a natural balance on the earth ,and life cycle could be continued. Cloning would certainly benefit couples who are infertile and want to have a child of their own, and therefore they could use cloning to produce a baby with their similar characteristics. In fact, they may be able to choose the characteristics of their child. Women who are single could have a child by using cloning. Another goal of cloning was it could help to improve the qualities of the crops for the agricultural industry. Some people would suggest that cloning is unnatural and not ethically correct. However, it is also unnatural and not ethically correct when you sick and take medicine. The whole of the modern medicine world is based on unnaturalness, so it seems cloning would be part of that modern medicine world. Some people also suggest that clones of human beings would behave in different ways than a normal human beings would. This is wrong. As the clones of human beings will have all the characteristics of a normal human being, they will behave like any other human beings would behave. In conclusion, I would like to say that cloning could be used in various ways to benefit the lives of humans. It is undeniable that cloning will play an important part in our lives. Therefor, the society and the government should accept this fact and permit the scientists to carry out more research to eliminate any risks associated with cloning.

Giuseppe Garibaldi

Giuseppe Garibaldi Giuseppe GaribaldiBook activityHe planned the unification of Italy. He was sentenced to death but he scaped to South America. When he was living in South America 1836-1848 he participated in the war against of argentina fighting with Uruguay. Giuseppe Garibaldi was Italy's best soldier . He paricipated in the Risorgimiento, the risorgimento was a nationalistic movement that planed the liberation. He had a very small army which he controlled from montevideo.After he was in South America he went to the United States and North Africa. The living in the two continets made him earn the name of (hero of the 2 worlds).He could return to Italy in the year 1854. Piedemonte was fighting a war against austria which Garibaldi helped him fight. He succeded against the Austrians in Milan. and also against the french forces. The Papal states declared him a hero. He served in the army of Sardinia, meanwhile he was influenced by the prophet of nationalism.English: "arribaldi Garibaldi taken in Naples , Ita...In 1860 he started a revolt, to capture Sicily and Naples. He dint like Italian liberals and he wanted to expand the territory of sardinis. A guy called Premier Cavour was the chief minister of Sardinia and of king Emanuel II. They were the only ones who supported him and the only ones who helped him, because he had no support from the government. In this time he was governing Sardinia. Premier Cavour and King Emanuel II were only going to help him if he proved that he was succesfull. He arived at marsala, sicily, proclaiming himself dictator using the name,Victor Emanuel. He came with 1000 Red shirts. Then he fought on the Volturno River. Ha also deafeted at the battle of Calatafimi, his troops deafeted the army of the king of Naples. The biggest battle of...

The History of Space Shuttle Challenger

The History of Space Shuttle Challenger Each year in January, NASA honors its lost astronauts in ceremonies marking the loss of space shuttles Challenger and Columbia, and the Apollo 1 spacecraft. The space shuttle  Challenger, which was first called STA-099, was built to serve as a test vehicle for NASAs shuttle program. It was named after the British Naval research vessel HMS Challenger, which  sailed the Atlantic and Pacific oceans during the 1870s. The Apollo 17 lunar module also carried the name of Challenger. Space Shuttle Challenger Liftoff. This spacecraft was lost on January 28, 1986, when it exploded 73 seconds after takeoff. Seven crew members lost their lives. Public Domain, NASA In early 1979, NASA awarded space shuttle orbiter manufacturer Rockwell a contract to convert STA-099 to a space-rated orbiter, OV-099. It was completed and delivered in 1982, after construction and a year of intensive vibration and thermal testing, just as all its sister ships were when they were built. It was the second operational orbiter to become operational in the space program and had a promising future as a historic workhorse delivering crews and objects to space.   Challengers Flight History On April 4, 1983, Challenger launched on her maiden voyage for the STS-6 mission. During that time, the first spacewalk of the space shuttle program took place. The Extra-Vehicular Activity (EVA), performed by astronauts Donald Peterson and Story Musgrave, lasted just over four hours. The mission also saw the deployment of the first satellite in the Tracking and Data Relay System constellation (TDRS). These satellites were designed for communications between Earth and space. The next numerical space shuttle mission for Challenger (though not in chronological order), STS-7, launched the first American woman, Sally Ride, into space. For the STS-8 launch, which actually occurred before STS-7, Challenger was the first orbiter to take off and land at night. Later, it was the first to carry two U.S. female astronauts on mission STS 41-G. It also made the first space shuttle landing at Kennedy Space Center, concluding mission STS 41-B. Spacelabs 2 and 3 flew aboard the ship on missions STS 51-F and STS 51-B, as did the first German-dedicated Spacelab on STS 61-A. Challenger once carried a spacelab to orbit for astronauts to use for scientific missions. NASA Marshall Space Flight Center (NASA-MSFC) Challengers Untimely End After nine successful missions, the Challenger launched on its final mission, STS-51L on January 28, 1986, with seven astronauts aboard. They were: Gregory Jarvis,  Christa McAuliffe,  Ronald McNair, Ellison Onizuka,  Judith Resnik,  Dick Scobee,  and Michael J. Smith. McAuliffe was to be the first teacher in space and had been selected from a field of educators from around the United States. She had planned a series of lessons to be conducted from space, broadcast to students throughout the U.S.   Space Shuttle Challenger Disaster STS-51L Pictures - LOX Tank Rupture. NASA Seventy-three seconds into the mission, the Challenger exploded, killing the entire crew. It was the first tragedy of the space shuttle program, followed in 2002 by the loss of the shuttle Columbia.  After a lengthy investigation, NASA concluded that the shuttle was destroyed when an O-ring on a solid rocket booster failed. The seal design was faulty, and the problem was made worse by unusually cold weather in Florida just prior to launch.  Booster rocket flames passed through the failed seal, and burned through the external fuel tank. That detached one of the supports that held the booster to the side of the tank. The booster broke loose and collided with the tank, piercing its side. Liquid hydrogen and liquid oxygen fuels from the tank and booster mixed and ignited, tearing  Challenger  apart.   A piece of the space shuttle Challenger that was recovered, being placed into its final resting place at Kennedy Space Center. NASA Headquarters - GReatest Images of NASA (NASA-HQ-GRIN) Pieces of the shuttle fell into the ocean immediately following the breakup, including the crew cabin. It was one of the most graphic and publicly viewed disasters of the space program and was filmed from many different angles by NASA and observers. The space agency began recovery efforts almost immediately, using a fleet of submersibles and Coast Guard cutters. It took months to recover all the orbiter pieces and the remains of the crew.   In the wake of the disaster, NASA immediately halted all launches. The restrictions on flight lasted for two years, while the so-called Rogers Commission investigated all aspects of the disaster. Such intense inquiries are part of an accident involving spacecraft and it was important for the agency to understand exactly what happened and take steps to make sure such an accident didnt occur again.   Space Shuttle Challenger final crew. NASA Headquarters - GReatest Images of NASA (NASA-HQ-GRIN) NASAs Return to Flight Once the problems that led to the Challengers destruction were understood and fixed, NASA resumed shuttle launches on September 29th, 1988. It was the seventh flight of the Discovery orbiter The two-year moratorium on launches put a number of missions back, including the launch and deployment of the Hubble Space Telescope. In addition, a fleet of classified satellites was also delayed. It also forced NASA and its contractors to redesign the solid rocket boosters so that they could be safely launched again.   The Challenger Legacy To memorialize the crew of the lost shuttle, the victims families established a series of science education facilities called the Challenger Centers. These are located  around the world and were designed as space education centers, in memory of the crew members, particularly Christa McAuliffe.   The crew has been remembered in movie dedications, their names have been used for craters on the Moon, mountains on Mars, a mountain range on Pluto, and schools, planetarium facilities  and even a stadium in Texas. Musicians, songwriters, and artists have dedicated works in their memories. The legacy of the shuttle and its lost crew will live on in peoples memory as a tribute to their sacrifice to advance space exploration. Fast Facts Space shuttle Challenger was destroyed 73 seconds into launch on January 28, 1986.Seven crew members were killed when the shuttle broke apart in an explosion.After a two-year delay, NASA resumed launches after an investigation found underlying problems for the agency to solve. Resources NASA, NASA, er.jsc.nasa.gov/seh/explode.html.NASA, NASA, history.nasa.gov/sts51l.html.â€Å"The Space Shuttle Challenger Disaster.†Ã‚  Space Safety Magazine, www.spacesafetymagazine.com/space-disasters/challenger-disaster/. Edited by Carolyn Collins Petersen.

Why Teachers Deserve a Better Pay Essay Example | Topics and Well Written Essays - 1000 words

Why Teachers Deserve a Better Pay - Essay Example A question of budget cut Teacher’s pay freeze is right for times, read the Star Tribune’s Jan.22, 2011 editorial (Editorial, Star Tribune, 2011). Well, it is not a right time and it will never ever find a right time. The facts are clear, the US economy is still reeling from the woes of an economic recession and grappling with a $6.2 billion budget deficit (Editorial, Star Tribune, 2011). Consequently, there is diminishing subsidy to the whole US educational system , which leave school district’s no better option than either to freeze the salary of public school teacher’s or to distribute another round of pink slips amongst public school teachers. It is unfortunate that a salary freeze is proposed by no less than Sen. Thompson, Representative of ,Lakeville and were favoured by school superintendent’s. The group favouring a salary freeze argues that the current compensation system which provides an automatic salary increase to teacher’s who hav e been in service for a number of years and have taken additional college credits is the culprit for their school districts ‘overspending’ on salaries ( Editorial, Star Tribune, 2011).This is absurd and totally unjust. T... The real question at hand is why can’t the local and national government increase the funding on education? Why does the teacher’s and the students have to shoulder for the budget deficit that they did not create in the first place? It is unjust to ask the teacher’s to carry the burden of the country’s economic problems for the so called greater good. When big and private businesses fold up in the face of recession, government readily bails them out of people’s taxes and tells us that if it’s not bailed out, the economy would further shrink into recession and crisis. Education is a basic social service that government need to put its priority funding, why can’t the lawmakers shells out some more budget for the education. I believe these whole debate on teacher’s pay is a mere ploy to cover the real issue of budget cut which is unjust and uncalled for. Salary Freeze is not good for recession A better option for an economy sufferi ng from a recession is a salary increase not a salary freeze and much more not a salary cut and laying off of teachers. I don’t know why the lawmakers are finding it hard to comprehend that people need to spend more , so the economy would keep on moving. A salary freeze will definitely hinder teacher’s to get that next travel ticket for a much needed vacation. Salary freeze and cuts may result to teacher’s inability to pay for their house mortgages which in turn would hurt further the economy. On the other hand, laying off teachers would mean a dramatic decrease in the teacher’s ability to buy and afford commodities and services, which would further slows down the economy. Salary Freeze ,Cuts and Lay off would hurt the quality of education Salary freeze and cuts creates

Can Compatibilism be Defended Essay Example | Topics and Well Written Essays - 1750 words

Can Compatibilism be Defended - Essay Example However, the reality may not necessarily lie in line with the compatibilist’s line of argument. Most philosophers before this point have attempted to deal with compatibilism using their own customised definitions of free will and determinism. For example, Peter van Inwagen uses his own definitions (Van Inwagen & Zimmerman, 1998) while Narverson accepts them and bends them during his subsequent reply. (Naverson, 1977) Similarly the definitions of Robert Kane, Strawson, and Campbell will differ largely with those of older philosophers such as Humes. (Kane, 1996) (Campbell, 1957) (Bok, 1998) Most of these definitions have only intensified the problem rather than solving it in any form. If the classical definitions of free will and determinism are used, the issue of compatibilism can be solved with much greater ease. I will attempt to define compatibilism using simple definitions of free will and determinism and will then proceed to exposing weaknesses in the compatibilist line of argument. The compatibilist is simply a proponent of the idea that free will and determinism are compatible ideas. This implies that both lines of argument can be conceded to without being logically inconsistent. (Stanford Encyclopedia of Philosophy, 2009) In order to create an association between free will and determinism, certain very â€Å"hard to digest† definitions have been provided. ... It is not as if this simple definition is not comprehensive enough. Consider for example a very common scenario. I cannot coerce a person to commit any actions against his free will such as I cannot do anything in my power right now to say move your hand unless you wish to move your hand. You will only move your hand when you feel obliged to do so for whatever your free will demands of you. The general view includes coercive behaviour such as rape, imprisonment and the like to define free will which I believe is not totally justified. A person being raped may be coerced to perform under threat but that is merely usurpation of their free will. Such a person always has the choice of fighting back no matter what the outcome. This choice to fight back is again a constitution of free will. In a sense, human free will is like a skill one can master. Certain people have far more control over their actions because they allow their free will to do so. On the other hand most people have little control over their actions especially when they are emotionally charged such as when angry, excited or in pain because they choose not to control their behaviour in these scenarios. Just as human beings possess different characteristics, it cannot be expected of them to possess the same degrees of free will too. Doing so would serve as a major error in dealing with human free will. Hence as per the libertarian’s views, human free will allows each of us to do as we want to do, when we want to do and how we want to do. Others would argue that man is not free to do as he pleases in society and hence society controls or determines man’s free will. However, there is little to support their argument that falls on itself paradoxically.

S5Ws9&10DQs Assignment Example | Topics and Well Written Essays - 1000 words

S5Ws9 DQs - Assignment Example In his evaluation, he undertook a thorough study of various regions, cultures, religions and civilizations of the world and predicted the battle lines for future conflicts (Huntington, 1990). Huntington’s hypothesis is an appropriate model that elucidates the practice of international relations in the post September 11 world because on many counts the hypothesis has been proved right as the September eleven incident, and the conduct of foreign relations has been based on the conflict between two diverse cultural orientations. Fundamental Islam doctrine was responsible for the September eleven attack, on the one hand, and America was under attack owing to its strong western philosophy of capitalism, democracy and Christianity. Ever since the September eleven attacks, international relations have been determined by the fight between Christianity and Muslim fundamentalism; whereas America is seen as the key promoter of Christian religion, radical terrorist organizations with safe havens in Afghanistan are the advocates of Muslim fundamentalism (Seth, 2010). ... An evaluation of economy and politics in the Greater Middle East indicates that there is incompatibility between development and democratization in the sense that the growth in economy and other parameters is not consistent with democratic ideals (Felbab-Brown, 2005). The reality in the Greater Middle East is contrary to major theoretical frameworks that state that democratization is directly proportional to economic development. The western thought provides that development and democratizations are related and that economic development ushers in democratization. Though the region is not much developed there are certain indicators of development that do not coincide with democratization. The Greater Middle East comprises countries like Afghanistan, Pakistan and part of North America. Democracy has been a huge challenge for these countries and countries like Pakistan and Afghanistan are quite unstable politically though they have tried to embrace democracy. Both Pakistan and Afghanist an are safe havens for terrorist organization that have not only waged war against the West but also resisted any attempts to democratize the countries. Pakistan has some level of economic development but is not compatible with democratization in the sense that the country still faces numerous challenges regarding political stability and the prevalence of egalitarianism. Afghanistan, on the other hand, has been occupied by America since the overthrow of the Taliban regime following September 11 (Gregory, 2011). The huge challenge for America was to democratize Afghanistan and make it politically stable to rid of militants from its region. Therefore, as far as the Greater Middle East is concerned, economic development is not compatible with

External Auditors and Fraud Examiners Essay Example | Topics and Well Written Essays - 3500 words

External Auditors and Fraud Examiners - Essay Example This paper illustrates that an external auditor is so called as to distinguish him from an internal auditor who is an in-house professional. While the internal auditor is a paid employee of the entity, the external auditor is an independent professional engaged by the entity for a fee and as required by Companies Act.   To be more specific, an external auditor gives his opinion as to whether financial statements are materially correct. He is deemed independent as he has no special relationship and pecuniary interest in the client that might possibly encourage him to ignore adverse facts and evidence of the client the auditor evaluates. Thus, to be independent, the auditor cannot both work under the client as well as act as the client’s external auditor. The external auditor also carries out compliance, operational and forensic audits. Forensic auditing is a special purpose audit to unearth financial frauds and other crimes. Forensic as its meaning (i.e. of the law) suggests, forensic auditors, detect information for being used as litigation support. If the forensic auditor is a CA or CPA, his evidence at trial would lend more credibility although it is not mandatory for a forensic auditor to have a CPA license in the U.S. The external auditor in the process of his auditing activity concludes whether the assertions made in the financial statements are true and fair. The assertions are in the nature of how the business is conducted that is how its business generates income and spends it, how it manages its inventory, how it records information about its property, plant, equipment, its long-term liabilities, equity, cash, and investments. Although forensic auditing and fraud examining are interchangeably used, both are different disciplines. While forensic accounting involves the application of professional accounting skills in a civil or criminal litigation. Thus, most of the fraud examinations are part of forensic accounting, but every forensic accostin g is a fraud examination. For example, an expert may be said to be engaged in forensic accounting while the furnishing value of a property to the court which need not involve any fraud unlike in the case of fraud examination.

Investigating Foreign Market Essay Example | Topics and Well Written Essays - 1000 words

Investigating Foreign Market - Essay Example In this regard the paper tends to evaluate the potential market for cheese and cheese products in Argentina produced by an Australian firm Nivedo. Political Factors in Argentina The political factors in Argentina have largely improved from the previous periods that have helped bring about a regulatory climate helping in the growth of imported food products market in the region. In fact it is found that the market for the imported products pertaining to dairy commodities like cheese has largely grown up in the region. The tariffs relating to import duty have largely been reduced to help in the expansion of the market for imported cheese products. It is held that in the coming years the region of Argentina would gradually turn out to be a growing market for milk products in comparison to the international market. The markets pertaining to the Latin American countries are held to become potential zones for the products derived from milk as consumption for such is found to have increased by around 15 percent within a span of six years ranging from 2000 to 2006. Thus the political climate of Argentina is held to encourage the rise of import for milk products (Organization for Economic Co-operation and Development, 2002, p.95-96). Economic Factors in Argentina Economic factors in Argentina reflected a rapid decline in the production of milk due to the rise of economic recession in the region. The production of milk in the region is found to have reduced by around 4 percent during the 2002 period. Rise of recessionary climate in the region had led to the closure of many small and big firms producing dairy products and thus the demand for the milk products in the Argentinean customers failed to get met. The dairy farming activities suffered a huge setback as it gradually became converted into a subsistence type of economy. The large dairy companies started closing down on account of the rising operational cost pertaining to such. Thus in order to largely meet the needs of the consumers the dairy products like cheese and others had to be largely imported from other countries (Organization for Economic Cooperation and Development, 2002, p.95-96). Thus it is found that the economic factors in the region can be viewed as a trigger that would help in the growth of demand for Australian cheese products. Socio-Cultural Factors in Argentina The socio-cultural factors in Argentina, a Latin American country are viewed to enhance the demand for the dairy products like cheese. With the rise and development in the state of living for the people the population belonging to Argentina started demanding more innovative foods that would help in meeting their appetites and flavors. Moreover the development of farming activities carried out in the region on a large scale also happens to escalate the demand for dairy food products. The people living in Argentina thus tend to largely demand innovative products imported from westernized countries to satisfy their desir es in an increasing manner. Further the people are also attracted by advertisements made in regards to cheese and cheese products through televisions and internet and thereby tend to purchase such products in an increased manner (Roest, 2000, p.257). Legal Factors in Argentina In terms of legal factors the production and marketing of cheese and cheese

NO Child Left Behind Act Assignment Example | Topics and Well Written Essays - 1000 words

NO Child Left Behind Act - Assignment Example The Act was passed on the basis of bipartisan support and it carries four important principles which include greater accountability for desired outcomes, enhanced flexibility for school districts, states and schools in terms of the utilization of federal funds. Moreover, the other principles comprise augmented choices for parents of children who are from disadvantaged backgrounds and a stress on teaching techniques that have been verified to work (Paige, 2002). The Act was earlier named as Elementary and Secondary Education Act, which was revised around seven times and finally in the year 2002, it was named as ‘No Child Left Behind Act’. The Act was constructed in order to ensure that improvements are made in schools which have failed to progress sufficiently for two successive years. These schools are provided with adequate funds to make developments. The Act further necessitates that adequate teachers are hired to handle the functioning of the school. Adequate actions are taken in schools that fail to improve for three years on a constant basis. Similarly, the schools failing to improve for four consecutive years are considered for reconstruction. Furthermore, in the schools’ that fail to develop for five consecutive years, reformation of staff members well as alteration in the management body is conducted to bring stability and effectiveness in the working process. The objectives of the Act is to provide educational facilities in various districts and states that are required to organize, structure and deliver quality education in public schools, thus facilitating development in the overall society (Reeves, 2003). Research Hypothesis The developed hypothesis in relation to the proposed research topic is based on the recognition, analysis and evaluation of the purpose as well as the effectiveness of the Act. Based on the above explained research issue, the hypothesis can be framed as: Null Hypothesis: The ‘No Child Left Behind Actâ⠂¬â„¢ was effective to reduce the number of illiterate children in America. Alterative Hypothesis: The ‘No Child Left Behind Act’ was ineffective to literate children in America. Research Questions According to the research topic ‘No Child Left Behind Act’, four questions can be taken into consideration, which are as follows: Qs. 1. What is the purpose of ‘No Child Left Behind Act’? Qs. 2. What are the strengths and the weaknesses of the Act? Q. 3. How far is the Act effective to maintain its purposes in the long–run? Q. 4. What is the gap between the targeted outcomes and the obtained outcomes of ‘No Child Left Behind Act’? Value of the Proposed Study to the Field of Education The No Child Left Behind Act was initiated in America in 2002, which provides certain beneficial aspects for students for ensuring that they are offered quality education as well as effective development opportunities. The Act was formulated to provid e better level of quality education to students belonging to every sphere of society in America. The Act focused on incorporation of technology in order to make education effective in schools. With the incorporation of technology, training of teachers can be possible through the establishment of research based methods which can be useful for the overall development of education. The methods identified in this context are integration of technology for enhancing educational development and involvement of parents for providing better

Investigating Foreign Market Essay Example | Topics and Well Written Essays - 1000 words

Investigating Foreign Market - Essay Example In this regard the paper tends to evaluate the potential market for cheese and cheese products in Argentina produced by an Australian firm Nivedo. Political Factors in Argentina The political factors in Argentina have largely improved from the previous periods that have helped bring about a regulatory climate helping in the growth of imported food products market in the region. In fact it is found that the market for the imported products pertaining to dairy commodities like cheese has largely grown up in the region. The tariffs relating to import duty have largely been reduced to help in the expansion of the market for imported cheese products. It is held that in the coming years the region of Argentina would gradually turn out to be a growing market for milk products in comparison to the international market. The markets pertaining to the Latin American countries are held to become potential zones for the products derived from milk as consumption for such is found to have increased by around 15 percent within a span of six years ranging from 2000 to 2006. Thus the political climate of Argentina is held to encourage the rise of import for milk products (Organization for Economic Co-operation and Development, 2002, p.95-96). Economic Factors in Argentina Economic factors in Argentina reflected a rapid decline in the production of milk due to the rise of economic recession in the region. The production of milk in the region is found to have reduced by around 4 percent during the 2002 period. Rise of recessionary climate in the region had led to the closure of many small and big firms producing dairy products and thus the demand for the milk products in the Argentinean customers failed to get met. The dairy farming activities suffered a huge setback as it gradually became converted into a subsistence type of economy. The large dairy companies started closing down on account of the rising operational cost pertaining to such. Thus in order to largely meet the needs of the consumers the dairy products like cheese and others had to be largely imported from other countries (Organization for Economic Cooperation and Development, 2002, p.95-96). Thus it is found that the economic factors in the region can be viewed as a trigger that would help in the growth of demand for Australian cheese products. Socio-Cultural Factors in Argentina The socio-cultural factors in Argentina, a Latin American country are viewed to enhance the demand for the dairy products like cheese. With the rise and development in the state of living for the people the population belonging to Argentina started demanding more innovative foods that would help in meeting their appetites and flavors. Moreover the development of farming activities carried out in the region on a large scale also happens to escalate the demand for dairy food products. The people living in Argentina thus tend to largely demand innovative products imported from westernized countries to satisfy their desir es in an increasing manner. Further the people are also attracted by advertisements made in regards to cheese and cheese products through televisions and internet and thereby tend to purchase such products in an increased manner (Roest, 2000, p.257). Legal Factors in Argentina In terms of legal factors the production and marketing of cheese and cheese

Media Essay Example | Topics and Well Written Essays - 1250 words - 1

Media - Essay Example A very interesting article ha been put forth by renowned writer Naomi Rockler Gladen titled ‘Me against the Media’, where Gladen writes about the struggles faced by herself to teach the very subject –advertising. She writes that the age group between 18-34 has become a target market for most products and services and this group may be known as the â€Å"The Age of Acquisition.† This is because it is people between this very age group that fall prey to all kinds of tricks played by the corporations and companies worldwide in order to carry on their advertising and promotion techniques. She provides the example of the movie â€Å"Father of the Bride† where she helps her students understand how the father was against a big and extravagant wedding for his daughter but how that decision according to the other family members was just outright unacceptable. This is because in today’s day and age of consumerism no person from the younger generations wants to compromise on any kind of usage when it comes to products and services that have carved a niche for them in the market. Despite presenting the clip, Naomi’s students failed to understand how consumerism has taken over globally without students and young people understanding that they are simply being used by big companies in the form of walking talking forms of print media for the sole benefit of the companies. Most of the dream and ambitions that the younger generations have today are closely linked with consumerism. They dream of acquiring products and services that have high brand values and a niche market. So then is it the fault of these big companies and multinationals if these people are putting themselves into the trap? (Gladen, Naomi Rockler) The main problem, Naomi writes, is that the happiest moments that these younger generations possess in their lives are not linked with familial or friendly relations and ties – they are linked with consumerism. Younger people fail to

On Limits Of Strategy Business Essay

On Limits Of Strategy Business Essay The Four Arena analysis and Four Lens analysis are based on a simplification of the dynamics of competitive interactions that breaks reality into it component pieces. In reality, the arenas are not quite so distinct, the progression is not quite so clear, and the nature of dynamic strategic interaction is not so predictable or easily labeled. DAveni, R.A. (1994, p. 180) Strategic management theories and methods are indispensable in todays economy. Regardless of their origin, dynamics or focus they are designed by scientific logic to understand the complexity of reality, to analyze the focused conditions (i.e. market, power, relative positioning and so on) and to cope with competition to achieve an advantage or to sustain the economic performance of a company. Combined with an insightful execution they strengthen the profitable existence of organizations within a competitive environment. However even the most successful companies which implement the most paradigmatic strategy methods by the rulebook fail. This raises the question of whether contemporary strategy can, in fact, provide such consistent insights for strategists or rather bias the perception of reality. This chapter is dedicated to a critical analysis of the predominant strategic research streams in order to locate their structural weaknesses. A symptomatic case study will introduce/illus trate the issue. The Textbook Example The Taiwan-based High Tech Computer Corporation (stylized as HTC) was founded 1997 as a producer of notebooks and became one of the largest smartphone manufacturers in the world in just over a decade. It is best known for its wide consumer smartphone portfolio ranging from mid- to high-priced models. With a market growth of nearly 100 percent in 2011 and a skyrocketing sales growth of 229 percent, HTC held the title of the most profitable stock at the Taiwanese stock exchange from 2007 until 2011 (cf. HTC Investor Relations; Bloomberg 2011). But as of today, the tables have turned on High Tech Computers Corporation. In the second quarter of 2012, the company had shown substantial revenue losses of 3.35 billion Dollars resulting from a slump in sales and profit in the first quarter (cf. Reuters 2012; HTC Investor Relations). Its stock plummeted from an all-time high of 35 euros (1300 Taiwan Dollars in April 2011) to now 7,5 Euros a share (277 TWD as of August 2012; this signifies loss es in the amount of more than 3 billion US Dollars). In conclusion, HTC cut its expansion program by closing its offices in Brazil and South Korea, and sold half of its stake in its main acquisition of high fidelity headphones (cf. Kan 2012). What began as a yearlong success story for the innovative smartphone manufacturer is turning into a failure, putting HTC in the same declining market share position as Nokia. But what went wrong? The answer might be found in the strategies and the business model adopted by the Taiwanese company to assert their place in such a dynamic industry as the smartphone market. According to the empirical analysis of the High Tech Computers Corporation by Chi-Ho Chiou (2011), its general corporate strategy was based upon a threefold approach. The first strategy, Development and Reconfiguration of Dynamic Capabilities, includes the implementation of both the core assertions of the first-mover advantage theory, as well as the methods of the Configurational school of thought. The concept of the first-mover explains the advantage a market pioneer can successfully live off, if he is the first one to establish himself in a niche (Robinson 1988, p. 92ff.). Through expanding the scope of the product, establishing effective response barriers for competitors, creating proprietary and innovative products, exclusive production skills, vertical integration and securing the best areal locations, a co mpany as a first-mover could create powerful entry barriers as well as high switching costs (MacMillan 1983, pp. 22-25). In addition to this proceeding, the Configurational school describes the relations between periods of stability and transformations a corporation might undergo to adapt to new environmental changes. To sustain equilibrium of its organizational characteristics (and therewith its success), there is the important need to acknowledge change and to embrace it through appropriate strategizing (Mintzberg et al. 1998, p. 305ff.). Thus HTCs strategizing originated with the early insight (presumably because of the production volumes of the Iphone) that consumer matched smartphones will induce a state of market change the company has to adapt to. Against this background, HTC, as one of the first manufacturers, switched the focus from business-tier phones to cheaper mid-tier handhelds, bundled its distinctive competencies of technological advancement and into the development of these products, and defended its advantageous position with the buy-in of skilled professionals. To enhance its performance within the state of reconfiguration, HTC incorporated additionally the strategy of Collaborative Networks which is essentially the optimization of the value chain and the domain of the Power school of strategic management. As mentioned before, the benefits of the early-mover might stem from the vertical integration of business units. This approach was elaborated and explained by Michael Porter within the Generic Value Chain. A company can be disaggregated into its primary and support activities which, taken together, generate the profit margin (cf. Porter 1998a, pp. 36-52). By optimizing the management of the value chain and an efficient expansion strategy, a company is able lower its production. These strategies go hand in hand with the principles of the Power school. This school of thought is divided by perspective. On the one hand, there is the perspective on the inter-organizational issues subsumed under the term of Micro Power, and on the other there i s the Macro Power concerning the political processes in between several corporations. The latter perspective includes a cluster of different concepts which outline either the importance of strategic alliances and cooperational networks (Hamel et al. 1989, p. 134; in: Mintzberg et al. 1998, pp. 255-260), or the influence of the external control an organization can achieve through planned strategizing (cf. Pfeffer/ Salancik 1978; in: Mintzberg et al. 1998, p. 248f.). By creating strategic collaborations with Microsoft and Google in its early days as a smartphone parts supplier (first contracts being made in 1997), HTC was able to improve its value chain by reducing the total cost of its technological development, firm infrastructure, and human resource support activities in its value creation process. It simply used the provided operating systems as Android or Windows Phone, instead of investing assets and resources into own research. HTCs strategic alliances began to manifest itself in the 2001-2003 time periods as the company collaborated initially with such European telecommunication providers as Vodafone, T-Mobile, Orange and O2. As it built up favorable reputation and its brand image in a low competition market as Europe, High Tech Computers entered the US Market in 2005, signing exclusive hardware deals with providers AT and T, Sprint, Verizon and Cingular. Finally, dominating its niche of mid-tier smartphones, the corporation collaborated with Japanese providers including NTT DoCoMo and Softbank Mobile to enter the most competitive smartphone hardware market in the world (all data taken from Chiou 2011, p. 301f.). Step by step, HTC incrementally developed a brand image and established itself in the world market through regional maneuvers, strategic alliances, as well as technical partnerships. Finally, HTCs product strategy and its radical transformation are based on the third strategy named Dynamical Product Diversification. It was, as Chiou points out in the African Journal of Business Management (2011, p. 302), derived from Porters Five Forces analysis and the resulting Generic strategies matrix strategy (at this point, this paper will refrain from explaining these basic concepts due to their prominent nature). As Apple changed the mobile communication market in 2007, HTC must have recognized the chances and the potential of this newly established market by shifting its own production towards the masses demanding similar products as the Iphone. Yet the Taiwanese analyzed the competitive forces and realized that they should not compete against Apple and mimic its differentiation strategy, but choose the focus approach instead. Hence, each year since 2007, High Tech Computers released approximately ten to fifteen different smartphones with the goal to capture and capitali ze on the niche left by Apple (cf. Areamobile.de 2012a; HTC Portfolio 2012). The Iphone was considered an unchallenged luxury good available only to consumers who were capable of either spending almost a thousand Dollars or binding themselves to year-lasting provider contracts. HTC became the alternative with a diverse product portfolio of less expensive phones for the mainstream, adopting Porters focus (or segmentation) strategy. All in all, it should have become evident that HTC incorporated a range of paradigmatic theoretical concepts of strategic management in its endeavor of competition analysis and strategy creation. Despite of being a textbook example of applied strategic management theory, the company struggles the second quarter in a row to operate in the black. The reason for their failure is, from the corporate point of view, the loss of revenue due to lower sales and therefore less net profit and an impaired market growth (cf. HTC Investor Relations 2012; Whittaker 2012). Yet analysts claim unanimously that these lower sales result from an overloaded and simultaneously dull product portfolio which lacks a distinct competitor to Apples Iphone or the even more successful Samsung Galaxy product line (cf. ibid.; Shimpi 2012; Milett 2012; Luk/ Poon 2012; Bertolucci 2012; Lunden 2012). But why does HTC need to have such a competitor, in spite of choosing the segmentation product strategy and having a portfolio of 96 different mid-price smartphones (cf. Areamobile.de 2012b)? This companys failure implies that the company had to complement its strategy with the same cost focus endeavor as Apple. Ac cording to Porter, the positioning school, and every SWOT analysis, HTCs managers planned everything in accordance with the textbook and the double strategy its competitors pursue should be essentially wrong because: [a] firm that engages in each generic strategy but fails to achieve any of them is stuck in the middle. It possesses no competitive advantage. This strategic position is usually a recipe for below-average performance. A firm that is stuck in the middle will compete at a disadvantage because the cost leader, differentiators, or focusers will be better positioned to compete in any segment. (Porter 1998a, p. 16) Samsung Electronics did exactly that. It is indeed stuck in the middle having approximately 380 low- to mid-price phones and 11 high-end smartphones (cf. Areamobile.de 2012c). And its consolidated operating profit soaring to 4.8 billion Euros shows a 79 percent increase year-on-year since it implemented this double strategy (cf. Samsung Investor Relations 2012). It appears that the most paradigmatic strategy analyses reach their limits in the face of contemporary figurations of competition. Hence, HTCs strategic failure is symptomatic of a large part of the normative and descriptive strategic management research. Normative/ Prescriptive Research Streams Over the course of the last century, the term competition passed through different stadiums. In the war torn European economies of the 1950s, competition did barely exist due to an unmet demand for reconstruction and food supplies. Only two decades later, the competitive dynamics in the US transformed the rapidly expanding seller markets into the saturated buyer markets of the late sixties and seventies (all data cf. Chandler 1990). In the nineties, competition once again hardened in the face of globalization and the more complex nexuses of interconnected global market forces. And as of the digital markets of today, Hypercompetition represents the paradigmatic concept for the scientific community characterized through: [an] accelerated change in technology or regulation, low entry and exit barriers for competitors, uncertain and volatile consumer needs and demand situations, [à ¢Ã¢â€š ¬Ã‚ ¦] leapfrogging of existing standards, blurring of boundaries between competition, substitution and market entry and continual attempts to outmaneuver each other and to usurp entry barriers (Ortmann 2010, p. 24, also cf. DAveni 1994; Brown/ Eisenhardt 1997; Gottinger 2006) In regard to the continuous historic transformations and the volatile nature, competition is therefore understood by the scientific community as a dynamic, evolving concept. In contrast, concepts of the modern schools of thought of strategic management remained surprisingly static. The Design, Planning and Positioning school of thought represent, according to Eden Ackermann (1998, p. 25ff.), the prescriptive and rather normative side of strategizing. They consist of deliberate analyzing, planning, and strategic creation methods, and describe how things ought to work under ideal conditions. Until today they remain the predominant strategy concepts taught in nearly every book on this topic (insert Fig. 1 here) and their use continues to permeate the academic peer-reviewed literature (for a detailed description cf. Helms 2010). Though HTC claims to be an innovative company, they chose prescriptive analytic models which represent somewhat of an outdated perspective on strategizing. They are characterized through an inflexibility of their frameworks, because they base on the economic situation in the eighties and were developed for managers of large and mature corporations. Furthermore, this period was characterized by strong competition, cyclical developments and relatively stable market structures (Niehans 1990, p. 315f.). For instance, the generic strategies matrix cannot be modified within its framework. Instead of observing the changes of market conditions in correlation to ones own company as a complex adaptive system, and to adapt to the prevailing degree of competitive complexity (as for instance within the framework of the complexity theory determined by McKelvey 1999 or Kappelhoff 2002), the Five Forces analysis and the strategy matrix are based upon the assumptions of perfect competition, that structure determines strategy (structure-conduct-performance-paradigm), and that market growth is continuous. If there were any problems or divergence from one of the questionable assumptions, then Porters whole theoretical construct would be rendered implausible because of its inflexibility as pointed out in HTCs case (for a more detailed critique and analysis of the rather basic paradigmatic concepts concerning HTCs performance cf. App. 1). But beyond the concepts of Five Forces, Portfolio Analyses or Planning procedures, the normative or prescriptive stream of research underwent several paradigmatic changes ever since which spawned more sophisticated iterations of strategic concepts (as depicted in Fig. 2.). These were subsequently modified to improve their performance, as well as their consistency until they became highly complex. But even more elaborated concepts as Game Theory (cf. Shapiro 1989; Nisan et al. 2007), Blue Ocean Strategies (cf. Kim/ Mauborgne 2005) or the shift to the Resource-Based View (cf. Wernerfelt 1984; Prahalad/ Hamel 1990) continue to analyze competition with only a few set variables and static frameworks which represent rather theoretic enclosures than reality depicting mental models. For issues of scope and continuity, this subchapter will focus exemplary on Porters dynamic progression in the field of normative positioning. After severe criticism on the account of neglecting external forces ( as e.g. the government, cf. Brandenburger/ Nalebuff 1996), missing viable middle ground strategies (known as Outpacing-Strategies, cf. Gilbert/ Strebel 1987; Miller 1992), and concentrating too much on the positioning instead of addressing the competencies of the firm (Prahalad/ Hamel 1990), Porter complemented his strategic research by integrating the generic methods into two frameworks driven by causality. The first one, termed as The Determinants of Success in Distinct Businesses (or Chain of Causality Framework) focuses mostly on the industrial level from a cross-sectional perspective. It integrates the industry structure analysis (Five Forces) and the value chain into a framework itemized into abstract basic units which represent predetermined variables linked by a chain of causality (cf. Fig. 3 in Porter 1998b, pp. 87-92). Therefore, a proper choice of strategy and a sustainable competitive advantage rest on a set of interconnected company inherent activities (discrete process es of the value chain) whose performance in turn depends upon structural determinants of differences among competitors named drivers (e.g. scale economies, learning curves, location, timing etc.). Ultimately, Porter argues that the cross-sectional part of the causality chain of a company starting with the drivers and ending with a successful positioning strategy attains its quality over time through managerial choices and an advantageous initial condition a company may inherit (ibid. p. 92ff.). With this link to a longitudinal business level perspective, Porter addresses the criticism invoked by the advocates of the resource-based view. Still, this framework becomes dynamic in the first place with the addition of the Diamond of Environmental Influences which focuses on environmental factors on a broader national level. This framework represents a departure from Porters early static template-like models and stresses the reinforcing relations of four interrelated attributes. These att ributes represent local, environmental conditions which influence the competitiveness of a company. Factor conditions as skilled labor, infrastructure or raw materials are provided by the nation. Demand conditions result from the pressure and needs of home market consumers which determine the degree of innovation and advancement of products. Related and supporting industries characterize the presence of rivaling or supporting industries and their linkage to ones company in terms of innovation pressure, cost-effectiveness, short lines of communication, etc. Firm strategy, structure and rivalry determines the market structure set by competitors. The way competitive advantage is achieved by management practices, organizational modes, and the utilization of (local) resources of rivaling enterprises, affects the degree of the external pressure a company has to deal with. Additional parameters of influence are historical chance and the government (ibid. pp. 99-106). Since all these exogen ous factors affect the corporate strategizing and resources a company starts with, the diamond can be linked below the managerial choices and the initial conditions (van den Bosch 1997, p. 98). Both frameworks address a certain degree of flexibility and changing environmental factors. However, despite the efforts made to understand the basic conditions of financial success of corporations through strategic analysis of their presumed influential factors, the Diamond and the Chain of Causality remain extended frames of the initial generic positioning. Each link of the chain can be challenged in terms of its determinism. Thus, from a academic point of view, the main critique of Porter is that his principles are solely based on macroeconomic conditions which he analyzed within longitudinal studies of successful corporations, local governments and whole trade nations. Albeit these cases provide sophisticated sources of reliable information, they only represent conditions of their particular era, which cannot be extrapolated into changing future markets. Moreover, macroeconomics functions within its own frame of scientific reference and is seldom open to modification that is not based upon empiric evidence. It takes time to gather such evidence and it is per se impossible to modify these concepts in order to make them fit a problem-related context, which requires a different set of variables. Additionally, strategic researchers criticized the general application of the Diamond framework on business models. As Porters previous methods, the determinants of the Causality Chain and the environmental attributes of the Diamond are seldom applicable to small businesses or digital enterprises. The scope of the highly complex and national attributes does not really affect the infrastructure of small companies dependent on exports, as well as having menial cash flows (cf. Cartwright 1993; Grant 1991). Neither local infrastructure, nor demand conditions of local customers affects digital businesses, because the internet provides a network structure which is independent from geographic or national boundaries (though, in some rare cases national regulation restrictions indeed apply to digital shops). On a broader scale, critics pointed to the inflexible state of the Diamond framework, because it is only valid for the operational scope on a national level and nothing below or beyond that. For international relations of companies it was proposed to enhance the flexibility, by adding another modified diamond (cf. Rugman/ DCruz 1993; Moon et al. 1995). Such businesses do not depend much on local resources and can allocate them in a decentralized manner. Thus, competitive advantage may also result from outbound foreign investments, as well as from foreign-owned companies which add value to distinctive competencies required for the home market, effectively strengthening the competitive position. On the business level of strategy which is addressed by the managerial choices, initial conditions, drivers and activities, it is Porters empiric-based determinism that constraints the adaptive nature of the causality framework. Even though he is asserting that [e]ach model abstracts the complexity of competition to isolate only a few key variables whose interactions are examined in depth and that [t]he normative significance of each model depends on the fit between assumptions and reality (Porter 1998b, p. 84), he does not try to excel in these statements. With the creation of his basic meta-units of activities and drivers, he establishes a solid foundation just to ruin it with the integration of his outdated models of Five Forces, the Value Chain and Generic Strategies. It is impossible to include components such as the predominant cultures of countries, the type of market (digital, industrial, service based etc.) or the customer based preferences, which are vital drivers of comple xity in international markets into the Chain of Causality framework. Speaking in economic terms, his framework assumes a classic and perfect market. Therefore, the more a market is influenced by customer uncertainty or the domestic culture, the less meaningful insights the framework can deliver. That is why these frameworks are suited best for analyzing mature, industrial, western markets or national economies with stable market structures. Evolutionary/ Descriptive Research Streams As a result of strategies based upon a prescriptive approach, an organization might develop too sharp an edge. A strong focus on a successful method by optimizing the value chain and activities for a certain business offering, results inevitably in narrowing down other competencies and strengths in a normative approach. Thus, initial success with a product can be disrupted quickly by exogenous changes in customer preferences as it happened within a short time span with HTC. If that is the case, then the organization is missing a requisite variety of alternative options it can exploit (cf. Beer 1981). Therefore, it is expedient to shift the perspective to the other predominant stream of research which endeavors to grasp the processes of change and to include them into a flexible strategy creation process. Hence, the evolutionary or descriptive theories operate from a retrospective point of view, by trying to capture the emergent processes, to reflect them and finally learn to modify the status quo of strategizing. In comparison to the previous research stream, the descriptive branch is a rather heterogeneous collection of concepts which encompasses more than seven different schools of thought (cf. Eden/ Ackermann 1998, pp. 24-28, Mintzberg 1998). Moreover, chronologically, they have not gone through the same evolution as the normative schools, as they simultaneously began to gain academic traction in the late eighties (cf. Mintzberg 1998, p. 352ff.). The common denominator of all theories is the reflection upon incremental change within the company, as well as the exogenous competition and its impact on the organizational performance. Two of the most prolific examples will illustrate both perspectives: Theorists of the Environmental school argue that businesses are part of a natural selection mechanism. Hence, the environment, presenting itself to the organization as a set of general forces, is the central actor in the strategy making process. The company must respond to and include these forces continuously in its strategic analyses, in order to adjust its relative competitive position (cf. ibid. p. 288ff.). Executives, thus, choose from a variety of options provided by the environmental context, adopting those that not only suit their environments but also reflect their personal motives, predilections, and capabilities (Miller et al. 1988, pp. 544-548). Other important aspects are share- and stakeholder relationships, which are emphasized by the Power school (already covered in Chapter 2.1, p. 5). This research branch focuses solely upon the non-material assets of power and highlights its impact on strategy making. Whether inside the company or as an essential part of the environmental influence, stakeholders represent an influential factor on business performance as e.g. a (de-)motivated workforce, beneficial government parties, visionary managers, and, of course, customers. To address these parties, theorists developed a wide array o f approaches ranging from early empathy based models (cf. Freeman 1984) to almost guerilla tactics-based ideology studies on lessons how social movements mobilize workforce (cf. Ruhland 2006) to computerized benchmarking tools for measuring stakeholder value (cf. Figge/ Schaltegger 2000). Nevertheless, the main flaw with these theories lies within their fragmented nature and the resulting inconsistency. Undoubtedly, the Entrepreneurial school has the best research on successful executives, and their visionary ways of dealing with innovations; the Cognitive school delivers the best insights in their minds and how strategic processes are being constituted. But all aforementioned schools deal with complexity by fragmenting it into thematic clusters and unraveling the separated fields of knowledge. This might be a scientifically valid method of dealing with hypotheses, but concurrently it becomes gradually more difficult for companies to deal with a fast-paced analysis of emerging probl ems. As mentioned earlier, each fragmented school of thought in the evolutionary research stream is composed out of hundreds of different methods and models. Thus, it takes not only time to analyze the situation within the frameworks, but it also costs theoretical effort to interconnect the fundamentally different tools and methods. Though Mintzberg addressed this problem within his books by creating a unifying approach to adapt to environmental change, known as the Configurational School (cf. Mintzberg et al. 1998; Miller/ Mintzberg 1983), it would take a considerable amount of time to apply all frameworks and empirically validate the inter-correlations of each theory. Due to this fact, Osterwalders interdisciplinary method is better suited for the demonstration of the remaining problems (cf. Osterwalder 2004; Osterwalder/ Pigneur 2010). His Business Model Canvas and its methods can be loosely sorted into the Learning/ Environmental/ Power schools (cf. ibid. p. 110f., p. 130ff., pp.181-189, pp. 200-212.). Though, the model also draws heavily upon Porters (Five Forces) and Penroses (Resource-Based View) normative concepts, as well as the paradigms of the Planning school (Scenario Techniques). Yet it offers a more sophisticated approach to analyzing strategies behind the business model than proposed by Mintzberg , covering the most important factors of the prevalent schools of thought. The basic canvas is composed out of nine sections for analyzing the key components of the business offering (cf. Fig. 4) and can be divided into four main intersecting groups. On the right side of the canvas there are industry based components, including factors of competitive analysis, production activities, the actual microeconomic cost structure and internal resources basing on the aforementioned normative methods. The upper side of the canvas entails the components of product analysis, including the description of the actual product features, distribution channels, quality management and customer preferences based upon T.Q.M. frameworks, Six Sigma analyses etc. The right side depicts all activities involving customer analyses and market demand. Lastly, the lower side represents microeconomic and financial considerations regarding the product/ service, based upon the most generic economic units, e.g. cash flow, EBITDA metrics, asset pricing and revenue streams. Additionally, Osterwalder and Pigneur include such basic analytic tools as SWOT, Blue Ocean Strategies, Long Tail and some sort of self-composed competitive environment map to round off their model and make it compatible to other frameworks. Despite the apparently light approach towards creating business models, reflectively understand the core processes of an organization and including emergent change into corporate strategy (judging from the visual context and the non-existent academic aspirations of the book), the canvas was conceived as a doctoral thesis and is based upon scientific research. Overall, the Business Model Canvas represents an emphatic concept for identifying the main processes and business units, upon which a corporate strategy can be based or modified. Despite the inclusion of many perspectives and improvements towards the normative concepts, this seemingly reflexive and holistic approach has to deal with strong criticism. Rosenberg et al. (2011) argued that the canvas dealt with substantial problems emphasizing the processual focus and thus lacking structural and goal-oriented performance representations (p. 310ff.). Moreover, due to its simplistic design, the model lacks consistent causality between each of the nine proposed blocks. Because of that, it is difficult (if not impossible) to determine a valid strategy and to manage the continuous adjustments of the business model (cf. ibid. 312ff.). In general, it becomes apparent that Osterwalder et al. do not provide the deep insight into the macroeconomic context as e.g. does Porter. The processes and the effects between each canvas-block are only explained within case studies. In its methodology, the Business Model Canvas misses the questions why? and the answer because. The best example is found with the explanation of the Freemium business model (Osterwalder/ Pigneur 2010, pp. 96-106). Instead of introducing the basics or referring to explanatory books, there are roughly eight examples of canvases with a lot of colorful arrows, which point to the main connections between each block. But the model itself does not explain anywhere how to determine, understand and use these connections for strategic analysis or strategy creation. On top of that, some cases analyzed are assessed inherently wrong as in the case of Nintendos Wii (ibid. p. 230f.).

America Does Not Need Gun Control Essay -- argumentative, persuasive,

Gun control is often considered as an effective means of protecting ordinary citizens. We all want to feel safe, and it's easy to ascribe notions of safety to the idea of gun control. Unfortunately, feeling safe and actually being safe can be very different things. Gun control sounds wonderful in theory: no guns means no shootings. If only it were that simple. When one considers some of the worst shootings and gun-related crimes in recent history, it's peculiar to realize how often these occurred in places where guns were illegal to carry or even own. It's downright disturbing to realize that, in some cases, the only armed person in sight was the one planning a crime. A sign that says 'no guns' might as well say 'no resistance'. What safer environment could exist—for a criminal? It is my intention, throughout this paper, to discuss the disadvantages and incongruities of gun control policies, and to highlight and provide argument for the positive benefits of gun ownersh ip. The major problem with gun control laws is that it is likely only the law-abiding will obey them. In the midst of planning or perpetrating a crime, is it plausible that criminals stop and wonder whether their firearm is duly registered with the state, or even legal in their local ordinance? Seems kind of silly. In the meantime, some conscientious citizens have turned in their firearms while others no longer carry them out of the house, or carry their handguns about in a locked case in their car (where they are about as useful a means for defense as butter for cutting granite). Clearly, the law is only a restriction upon those who obey it. Another problem is deciding whether or not gun control laws are even, well, lawful. This is not as cut and dried ... ...it is up to individuals to decide whether or not owning a gun for self-defense is the right choice in their life. It is a responsibility, and not to be taken lightly. All persons must decide this on their own, but no one should be able decide that it is the wrong choice for everybody else. Works Cited DeShaney v. Winnebago Cty. Soc. Servs. Dept., 489 U.S. 189, 196 (1989). â€Å"Injury Prevention & Control: Data & Statistics (WISQARSTM).† CDC. Centers for Disease Control and Prevention, 4 Mar. 2015. Web. 16 May 2015. Lott, John R. Jr. More Guns, Less Crime: Understanding Crime and Gun-Control Laws, Third Edition (Studies in Law and Economics). Chicago: U of Chicago P, 2010. Print. McDonald v. Chicago, 561 U.S. ___ (2010). (slip op., 44). Small Arms Survey. Small Arms Survey 2014: Guns and the City. Web. 16 May 2015. http://www.smallarmssurvey.org/

Clash of Classes and Cultures in Educating Rita Essay example -- Educa

Clash of Classes and Cultures in Educating Rita To What Extent Would You Agree That Educating Rita Depicts a Clash of Classes and Cultures? 'Educating Rita' is a play by Willy Russell, a dramatist recently turned novelist. 'Educating Rita' contains only two characters, a young woman called Rita and a middle-aged man called Frank, although this may sound boring these characters are so interesting that anymore characters would ruin the ambiance of the play. In the early part of the play Rita, a hairdresser from north-west England, has started an Open University course with Frank, a university lecturer in his early fifties, in order to change herself. Throughout the play Rita becomes more and more cultured giving up anything that gets in the way of her education or tries to stop her being the cultured individual she wants to be. Rita is a working class woman in her late twenties trying to find herself through a university education; Frank is a divorced university professor in his early fifties. Bored of teaching Frank drinks his life away and has taken on Rita as an Open University student to fund this habit. These two interesting characters from very different backgrounds are thrown together and the clashes of class and culture are depicted in a number of ways. Rita's language is very colloquial and this, at times, amuses Frank; for example, 'What in the name of God is being off one's cake.' Her language is both new and puzzling to Frank as he is used to hearing the generally proper English spoken by his university students. These phrases seem out of place when issued by Frank. 'One is obviously very off one's cake,' - 'you can't say that [Frank].' Frank's sesquipedalian language does not mix with Ri... ...etween two classes and cultures. In the earlier part of the play Rita feels surrounded by an alien environment, the university and its students, she is nervous and, as a result, comes across as very loquacious. She sees this in herself when she says, 'I talk too much' in act one scene one. However, towards the end of play her speeches are generally shorter. In this new environment Rita also feels isolated but gradually changes and feels as though she can interact with the 'real students'. When she finally does this in act two, scene two it may surprise the audience because in earlier scenes she describes them as 'real students' as though her life and their lives cannot mix. But, when she finally does speak to the student, the first line she tells us she said was, 'Excuse me but I couldn't help overhearin' the rubbish you were spoutin' about Lawrence.'

Christian Dating & Marriage Customs Essay

For Christians, searching for a lifetime partner is not an easy task, but if it is done properly and patiently, it can be very rewarding. Partners are sought after, of course, within the limited pool of Christianity. Often potential dates arise from acquaintances within the same church that men and women regularly visit. They may becomes friends later as a result of being actively involved in church activities, whether as volunteers during Sunday services, such as in the choir or Sunday school, or as outreach volunteers working to help the community. However, stronger ties bind two people together when they spend more time in situations that are challenging. Thus, for Christians, dating in a movie theatre is not recommended. Instead, spending time together serving the homeless in a shelter, for example, will be more productive in getting to know each other and building rapport. Once a couple is ready to get married, they will celebrate their union with spiritual rituals and customs during the wedding day. The seating of parents and grandparents as honored guests come first during the ceremony. Then it is followed by the Bridal Processional where the Minister, Groom, Bridesmaids, Groomsmen, Maid of Honor, Best Man, Flower Girl and Ring Bearer slowly enter. The Bride, together with her father, then marches in. Next, the minister leads the Call to Worship and Opening Prayer. The parents then give the Bride away and a Worship Song follows while the wedding couple moves to the stage and the Ring Bearer and Flower Girl sit together with their parents. The couple then proclaims their promises through the Charge, the Pledge and Wedding Vows. The rings are then exchanged and the Lighting of the Unity Candle comes next. Finally, through the Pronouncement, the couple is officially wed. They kiss and are presented by the Minister. Communion and a Closing Prayer may also be included before the Recessional, where the participants exit the stage, Groom and Bride first, followed by the Best Man and Maid of Honor, the Groomsmen and Bridesmaids, and the Ring Bearer and Flower Girl (Fairchild 2010). References Fairchild, Mary. (2010). â€Å"Christian Wedding Ceremony – A Complete Outline. † About. com.

Provisions and Contingencies

Scenario 1Fact: Energy Inc. (Energy, or the Company), which operates in the oil industry, is a U.S. subsidiary of a U.K. entity that prepares its financial statements in accordance with IFRS and U.S. GAAP. A draft law in a country where Energy operates in, which requires a cleanup of land already contaminated, will possibly be enacted shortly after the year-end.Issues: Should Energy recognize a provision, (i) in reporting under IFRSs, and (ii) in accordance with U.S. GAAP?Analysis: (i) Under IFRSs, Energy should recognize a provision for the cleanup costs in its 20Ãâ€"1. IAS 37-14 states a provision shall be recognized if â€Å"(a) an entity has a present obligation, (b) it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation; and (c) a reliable estimate can be made.† When it is not clear if there is a present obligation, IAS 37-15 also defines a present obligation as obligation that â€Å"more or likely than not is r isen by a past event after taking accounting of all available evidence†.Moreover, IAS 37-22 also specifically provides that â€Å"where details of a proposed new law have yet to be finalized, an obligation arises only when the legislation is virtually certain to be enacted as drafted†. As it is virtually certain that the law will be enacted shortly after year-end, it is highly possible the Company will be required to clean up the contamination. The amount of obligation is also estimable, as the Company has cleaned up contaminations in other countries in which it operates. As a result, Energy should recognize a provision.(ii) Under U.S. GAAP, Energy should recognize a loss for the cleanup costs in its 20Ãâ€"1 financial statements. ASC 450-20-25-2 provides that â€Å"an  estimated loss from a loss contingency shall be accrued by a charge to income if (a) information available before the financial statements are issued indicates it is probable that a liability had been incurred at the date of financial statements and (b) the amount of loss can be reasonably estimated†. If the draft law is enacted, Energy will be required to clean up the land that was contaminated by the Company’s operations. In addition, it is virtually certain that the law will be enacted shortly after the year-end. Therefore, it is probable that Energy has incurred a liability because the draft law will likely be enacted. Also, the amount of cleanup cost can easily be estimated as the Company has cleaned up its contamination in other countries in which it operates. As a result, a provision should be recognized.Scenario 2Fact:FuelSource Co (FuelSource or the Company), which operates in the oil industry, is a U.S. subsidiary of a U.K. entity that prepares its financial statements in accordance with IFRS and U.S. GAAP. The Company operates in Dirty Country where it has no environmental legislation that requires cleanup of contamination. However, FuelSource and its U.K . parent have a widely published environmental policy to clean up all contamination and have a record of honoring the policy.Issues: Should FuelSource recognize a provision, (i) in reporting under IFRSs, and (ii) in accordance with U.S. GAAP?Analysis: (i) Under IFRS, FuelSource should recognize a provision for its cleanup cost. IAS 37-17 defines obligating as â€Å"a past event that leads to a present obligation†. IAS 37-17(b) further explains that â€Å"in the case of a constructive obligation, where the event (which may be an action of the entity) creates valid expectations in other parties that the entity will discharge the obligation†. As FuelSource and its U.K. parent tend to honor  their widely published environmental policy to clean up all contamination, it creates expectations in other parties that their operation in Dirty Country will follow their global policy as they always did in the other countries.The environmental policy creates a constructive obligati on as a result of their record of honoring the policy even though legal obligation does not exist in this case. Since FuelSource has a constructive obligation as a result of a past event and an estimable cleanup cost will be required to settle the obligation, it meets all of the requirements to recognize a provision under IAS 37-14. Therefore, FuelSource should recognize a provision under IFRS.(ii) Under U.S. GAAP, FuelSource should not recognize a loss in its financial statement, and is not required to disclose the potential obligation of the cleanup cost. ASC 410-30-25-1 requires â€Å"the accrual of a liability arisen by environmental obligation if both (a) it is probable that an asset has been impaired or a liability has been incurred; and (b) the amount of the loss can be reasonably estimated, are met†.To determine the probability of an environmental remediation liability, ASC 410-30-25-4 further explains that â€Å"two elements need to be met: (a) litigation has commen ced or a claim or an assessment has been asserted or, commencement of litigation or assertion of a claim or an assessment is probable; (b) it is probable that the outcome of such litigation, claim, or assessment will be unfavorable†. However, in this case, the Company has no legal obligation to clean up the contamination in Dirty Country as there is no such environmental legislation that requires to do so. Moreover, cleanup of contamination in other country outside of United States is not required by any of the Federal laws or Codification.It is remote that there will be any litigation; claim or assessment asserted that FuelSource would be responsible for participating in a remediation. Therefore, it fails both of the criterions under ASC 410-30-25-4 and recognition of a provision is not required. ASC 450-20-50-6 states that â€Å"disclosure is not required of a loss contingency involving an unasserted claim or assessment if there has been no manifestation by a potential clai mant of an awareness of a possible claim or assessment†. As there is no law or regulation that requires a cleanup in Dirty Country, disclosure is not required by the Codification.Scenario 3Fact: A number of changes to the income tax system are introduced by the government and Energy, or the Company, will have to retrain its administrative and sales workforce to ensure compliance with new system. No retraining has taken place as or the balance sheet date.Issues: Should Energy recognize a provision for the expected costs to retrain the staff (i) under IFRSs and (ii) in accordance with U.S. GAAP?Analysis:(i) Under IFRS, Energy should not recognize a provision for the expected costs to retrain the staff. IAS 37-14(a) specifically requires â€Å"a provision shall be recognized only when an entity has a present obligation as a result of a past event†. As no obligation was imposed by the government to provide the training to its staff or the obligation is not owed to any third party, the liability should only be recognized as it occurs (when the retraining takes place). Furthermore, IAS 37-80(b) provides that â€Å"A restructuring provision shall include direct expenditures that are not associated with the ongoing activities of the entity† and IAS 37-81(a) specifically states that â€Å"a restructuring provision does not include such costs as retraining or relocating continuing staff†. As a result, no provision should be recognized, as the retraining of the staff does not arise any present obligation since the retraining has not taken place yet and it does not qualify as a restructuring expenditure.(ii) Under U.S. GAAP, Energy should not recognize a loss in its financial statement for the current year. ASC 450-20-25-2(a) provides that â€Å"An estimated loss shall be accrued if it is probable that an asset had been impaired or a liability had been incurred†. As the changes of income tax did not impose any obligation on the Company by the government or company policy to provide retraining of the staff to ensure compliance with the system, the Company has no liability at the time of the change or before the year-end as the retraining has not  taken place yet. ASC 450-20-25-4 further explains that â€Å"the condition in ASC 450-20-25-2(a) is intended to proscribe accrual losses that relate to the future periods†. As the retraining of staff would enhance the efficiency of future operation, it will become a liability to the Company as it occurs. Therefore, the retraining shall not be recognized as a loss for the current year.Scenario 4Fact: FuelSource, or the Company, is required to install smoke filters in its factories by June 30, 20X2 under new legislation. FuelSource has not yet installed the smoke filters as of December 31, 20X1.Issues: Should FuelSource recognize a provision of December 31, 20X1 (i) under IFRSs and (ii) in accordance with U.S. GAAP?Analysis: (i) Under IFRS, FuelSource should not recog nize a provision but disclose a contingent liability. IAS 37-19 specifically states that â€Å"It is only those obligations arising from past events existing independently of an entity’s future actions that are recognized as provisions†¦In contrast, because of commercial pressures or legal requirements, an entity may intend or need to carry out expenditure to operation in a particular way in the future (for example, by fitting smoke filters in a certain type of factory). Because the entity can avoid the future expenditure by its future actions, for example by changing its method of operation, it has no present obligation for that future expenditure and no provision is recognized†.In this case, FuelSource should not recognize a provision as it has no present obligation at this point of time and installing smoke filters would allow the Company to avoid future expenditure. However, IAS 37-86 states that â€Å"unless the possibility of any outflow in settlement is re mote, an entity shall disclose each class of contingent liability at the end of the reporting period a brief description of the nature of the contingent liability†. FuelSource will be  required to disclose the information regarding of the contingent liability in its financial statement(ii) Under U.S. GAAP, FuelSource should not recognize a loss in the financial statement for the current period. ASC 450-20-25-2 explains that â€Å"the purpose of the conditions described in (a) and (b) is to require accrual of losses when they are reasonably estimate and relate to the current or a prior period†¦even the losses that are reasonably estimable shall not be accrued if it is not probable that an asset has been impaired or a liability has been incurred at the date of an entity’s financial statements because those losses relate to a future period rather than the current or a prior period†. Since the new legislation does not require the Company to install smoke filte rs until June 30, 20X2, which is after the balance sheet date, it has not yet incurred a liability to the Company as of December 31, 20X1. As a result, it fails the timing requirement under ASC 450-20-25-2 and FuelSource is not required to recognize a provision. ï » ¿Provisions and Contingencies Scenario 1Fact: Energy Inc. (Energy, or the Company), which operates in the oil industry, is a U.S. subsidiary of a U.K. entity that prepares its financial statements in accordance with IFRS and U.S. GAAP. A draft law in a country where Energy operates in, which requires a cleanup of land already contaminated, will possibly be enacted shortly after the year-end.Issues: Should Energy recognize a provision, (i) in reporting under IFRSs, and (ii) in accordance with U.S. GAAP?Analysis: (i) Under IFRSs, Energy should recognize a provision for the cleanup costs in its 20Ãâ€"1. IAS 37-14 states a provision shall be recognized if â€Å"(a) an entity has a present obligation, (b) it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation; and (c) a reliable estimate can be made.† When it is not clear if there is a present obligation, IAS 37-15 also defines a present obligation as obligation that â€Å"more or likely than not is r isen by a past event after taking accounting of all available evidence†.Moreover, IAS 37-22 also specifically provides that â€Å"where details of a proposed new law have yet to be finalized, an obligation arises only when the legislation is virtually certain to be enacted as drafted†. As it is virtually certain that the law will be enacted shortly after year-end, it is highly possible the Company will be required to clean up the contamination. The amount of obligation is also estimable, as the Company has cleaned up contaminations in other countries in which it operates. As a result, Energy should recognize a provision.(ii) Under U.S. GAAP, Energy should recognize a loss for the cleanup costs in its 20Ãâ€"1 financial statements. ASC 450-20-25-2 provides that â€Å"an  estimated loss from a loss contingency shall be accrued by a charge to income if (a) information available before the financial statements are issued indicates it is probable that a liability had been incurred at the date of financial statements and (b) the amount of loss can be reasonably estimated†.If the draft law is enacted, Energy will be required to clean up the land that was contaminated by the Company’s operations. In addition, it is virtually certain that the law will be enacted shortly after the year-end. Therefore, it is probable that Energy has incurred a liability because the draft law will likely be enacted. Also, the amount of cleanup cost can easily be estimated as the Company has cleaned up its contamination in other countries in which it operates. As a result, a provision should be recognized.Scenario 2Fact: FuelSource Co (FuelSource or the Company), which operates in the oil industry, is a U.S. subsidiary of a U.K. entity that prepares its financial statements in accordance with IFRS and U.S. GAAP. The Company operates in Dirty Country where it has no environmental legislation that requires cleanup of contamination. However, FuelSource and its U.K . parent have a widely published environmental policy to clean up all contamination and have a record of honoring the policy.Issues: Should FuelSource recognize a provision, (i) in reporting under IFRSs, and (ii) in accordance with U.S. GAAP?Analysis: (i) Under IFRS, FuelSource should recognize a provision for its cleanup cost. IAS 37-17 defines obligating as â€Å"a past event that leads to a present obligation†. IAS 37-17(b) further explains that â€Å"in the case of a constructive obligation, where the event (which may be an action of the entity) creates valid expectations in other parties that the entity will discharge the obligation†. As FuelSource and its U.K. parent tend to honor their widely published environmental policy to clean up all contamination, it creates expectations in other parties that their operation in Dirty Country will follow their global policy as they always did in the other countries.The environmental policy creates a constructive obligation as a result of their record of honoring the policy even though legal obligation does not exist in this case. Since FuelSource has a constructive obligation as a result of a past event and an estimable cleanup cost will be required to settle the obligation, it meets all of the requirements to recognize a provision under IAS 37-14. Therefore, FuelSource should recognize a provision under IFRS.(ii) Under U.S. GAAP, FuelSource should not recognize a loss in its financial statement, and is not required to disclose the potential obligation of the cleanup cost. ASC 410-30-25-1 requires â€Å"the accrual of a liability arisen by environmental obligation if both (a) it is probable that an asset has been impaired or a liability has been incurred; and (b) the amount of the loss can be reasonably estimated, are met†.To determine the probability of an environmental remediation liability, ASC 410-30-25-4 further explains that â€Å"two elements need to be met: (a) litigation has commenced or a claim or an assessment has been asserted or, commencement of litigation or assertion of a claim or an assessment is probable; (b) it is probable that the outcome of such litigation, claim, or assessment will be unfavorable†. However, in this case, the Company has no legal obligation to clean up the contamination in Dirty Country as there is no such environmental legislation that requires to do so. Moreover, cleanup of contamination in other country outside of United States is not required by any of the Federal laws or Codification.It is remote that there will be any litigation; claim or assessment asserted that FuelSource would be responsible for participating in a remediation. Therefore, it fails both of the criterions under ASC 410-30-25-4 and recognition of a provision is not required. ASC 450-20-50-6 states that â€Å"disclosure is not required of a loss contingency involving an unasserted claim or assessment if there has been no manifestation by a potential claiman t of an awareness of a possible claim or assessment†. As there is no law or regulation that requires a cleanup in Dirty Country, disclosure is not required by the Codification.Scenario 3Fact: A number of changes to the income tax system are introduced by the government and Energy, or the Company, will have to retrain its administrative and sales workforce to ensure compliance with new system. No retraining has taken place as or the balance sheet date.Issues: Should Energy recognize a provision for the expected costs to retrain the staff (i) under IFRSs and (ii) in accordance with U.S. GAAP?Analysis: (i) Under IFRS, Energy should not recognize a provision for the expected costs to retrain the staff. IAS 37-14(a) specifically requires â€Å"a provision shall be recognized only when an entity has a present obligation as a result of a past event†. As no obligation was imposed by the government to provide the training to its staff or the obligation is not owed to any third p arty, the liability should only be recognized as it occurs (when the retraining takes place).Furthermore, IAS 37-80(b) provides that â€Å"A restructuring provision shall include direct expenditures that are not associated with the ongoing activities of the entity† and IAS 37-81(a) specifically states that â€Å"a restructuring provision does not include such costs as retraining or relocating continuing staff†. As a result, no provision should be recognized, as the retraining of the staff does not arise any present obligation since the retraining has not taken place yet and it does not qualify as a restructuring expenditure. (ii) Under U.S. GAAP, Energy should not recognize a loss in its financial statement for the current year. ASC 450-20-25-2(a) provides that â€Å"An estimated loss shall be accrued if it is probable that an asset had been impaired or a liability had been incurred†.As the changes of income tax did not impose any obligation on the Company by th e government or company policy to provide retraining of the staff to ensure compliance with the system, the Company has no liability at the time of the change or before the year-end as the retraining has not  taken place yet. ASC 450-20-25-4 further explains that â€Å"the condition in ASC 450-20-25-2(a) is intended to proscribe accrual losses that relate to the future periods†. As the retraining of staff would enhance the efficiency of future operation, it will become a liability to the Company as it occurs. Therefore, the retraining shall not be recognized as a loss for the current year.Scenario 4Fact: FuelSource, or the Company, is required to install smoke filters in its factories by June 30, 20X2 under new legislation. FuelSource has not yet installed the smoke filters as of December 31, 20X1.Issues: Should FuelSource recognize a provision of December 31, 20X1 (i) under IFRSs and (ii) in accordance with U.S. GAAP?Analysis: (i) Under IFRS, FuelSource should not recogniz e a provision but disclose a contingent liability. IAS 37-19 specifically states that â€Å"It is only those obligations arising from past events existing independently of an entity’s future actions that are recognized as provisions†¦In contrast, because of commercial pressures or legal requirements, an entity may intend or need to carry out expenditure to operation in a particular way in the future (for example, by fitting smoke filters in a certain type of factory). Because the entity can avoid the future expenditure by its future actions, for example by changing its method of operation, it has no present obligation for that future expenditure and no provision is recognized†.In this case, FuelSource should not recognize a provision as it has no present obligation at this point of time and installing smoke filters would allow the Company to avoid future expenditure. However, IAS 37-86 states that â€Å"unless the possibility of any outflow in settlement is remot e, an entity shall disclose each class of contingent liability at the end of the reporting period a brief description of the nature of the contingent liability†. FuelSource will be  required to disclose the information regarding of the contingent liability in its financial statement(ii) Under U.S. GAAP, FuelSource should not recognize a loss in the financial statement for the current period. ASC 450-20-25-2 explains that â€Å"the purpose of the conditions described in (a) and (b) is to require accrual of losses when they are reasonably estimate and relate to the current or a prior period†¦even the losses that are reasonably estimable shall not be accrued if it is not probable that an asset has been impaired or a liability has been incurred at the date of an entity’s financial statements because those losses relate to a future period rather than the current or a prior period†.Since the new legislation does not require the Company to install smoke filters u ntil June 30, 20X2, which is after the balance sheet date, it has not yet incurred a liability to the Company as of December 31, 20X1. As a result, it fails the timing requirement under ASC 450-20-25-2 and FuelSource is not required to recognize a provision.