Monday, September 30, 2019

The Step to a Civil Society as Mandatory Education

A civil society is one in which its citizens all get along and are happy with their situations. Just about everyone has a job and knows their place in the society. There are three ways to assure this. They are make education mandatory, upon school graduation give everyone a job even if it is menial and make everyone equal, no social classes. This can only be achieved when a new society is being started. The first step to a civil society is mandatory education. This is important because without education the members of the society would be ignorant. In school these people will be taught the basics – reading, math and how to write along with training for their future jobs. These jobs will be chosen by the age of 15 when every person is considered an adult. The second step is upon graduation putting these people in the jobs chosen for them by the school teachers. Each job will be considered equal. For example a doctor is equal to a trash collector. This way no one will feel inferior to anyone and everyone will understand how important they are to the society. These people will not be paid for their jobs. Instead they will obtain things, like food, depending on how hard they work. The harder they work, the more food they receive. The last step is to make everyone equal. This way no one can object to the way things are run. Also there won't be any slaves or servants and there won't be social classes because everyone will be getting paid the same. With these three steps any new society can become a civil society.It just takes the dedication of its people to get the job done.

Sunday, September 29, 2019

Dimensions of brand personality or characteristics Essay

As shown in the figure above, the dimensions of brand characteristics include sincerity, competence, excitement, ruggedness and sophistication of the products or services. In this regard, the dimensions can be sued for operationalising the dimensions of the characteristics of the brand structure. Different studies have shown that the characteristic of a specific brand reveals their best characteristic that outperforms their rival brands (Kapferer, 1997). The distinctive brand characteristic provides the brand the ability to be exploited as a channel for self-expression, self-appraisals and self-definition for clients (Karande, Zinkhan & Lum, 1997). In addition, brand characteristic is a context linked with the multidimensional image of a specific brand (Keller, 1993). These imply that the characteristic of the brand will lead to brand image. The brand personality dimensions can be sued evaluate or measure various brand images. It is noted that the brand personality dimension is a well researched context to determine whether the brands is strong and effective (Austin et al, 2003, Phau & Lau, 2000). The most direct and simplest manner which has been recommended in measuring the strength and effectiveness of the brand image is to solicit responses to different questions which pertains to a specific human traits (Keller, 2003). As mentioned above, one of the questions that should be answered in this paper is to determine the characteristics of a strong and effective brand. Different scholars have been able to establish some points to distinguish strong and effective brands. It can be said that a specific brand is strong and effective if such brand have the ability to influence the consumer purchase behaviour. According to Keller (1993), a brand is strong and effective if it has a significant impact on the purchase behaviour and decision making of the target market. In addition, strong brand is a brand which has the ability to retain on the memory and consciousness of the clients associated with their purchasing decision making. Based on the brand concept of a target market, Dobni (1990) regarded brand image as the subjective consciousness phenomenon. Dobni (1990) have realized that it is not easy to understand how brand can retain on the memory and consciousness of the consumer but brand which has a strong image is forming through the reason and perceptual connotation of the consumer. Furthermore, since the image of the brand does not physically exist in the products as well as in the entity, it is mentioned that a strong and effective brand has the ability to influenced and meld by its brand’s declaration of specialties of their content and by the individuals who accept the image throughout the purchase process. Hence, it is more essential consider the image of the brand than the consciousness appeared of fact to know whether the brand is strong and effective. In the explanation made by Aaker (1991), he mentioned that the brand is typically linked with the company in a meaningful manners and its strength and effectiveness is reflected to different attitude of characteristics include the performance of the product, compare price, the interests of the customers, the behaviour of the clients, famous person/s, personality and life style, their competitors, product category, and others. Each of these characteristics has a different degree of intensity to influence the strengths and effectiveness of the brand image. In addition, it can also be noted that strength and effectiveness of brand image of the products or services offered by the company can also bee attributed with the associated brand name to ensure that the clients will purchase the products or services. The characteristics of a strong and effective brand can be divided to flexibility of the materials, the tangible and intangible feelings of the consumer and others. A strong and effective brand is also considered as the one which has the ability to determine the products and services taken on their brands. It can be said that one of the characteristics of a strong and effective brand has the ability to appeal to its target market, and has the ability to become memorable among customers. Furthermore, a strong and effective brand also offers a unique image which separates it from other competing products or services. It can be noted that a company with a strong brand enables a specific service or product to distinguish itself from its rivals. From the study conducted in which 101 companies have been surveyed, the participants of the study revealed that having a strong and effective brand are indeed important to the success of the company and products, specifically new launches (Kohli & McBahn 1997). In addition, it is said that strong and effective brand has the ability to make statements to other audience. Having a strong and effective brand enables the company to have a short-hand communication of what the organisation is and what it offers. Strong and effective brand create social acceptance and instant mutual recognition among their clients. By having a strong and effective brand image, organisations can have the ability to relay to relay to the clients their intended market expression for the products or services they offer. Most likely, target market tends to buy strong and quality or effective branded products and as time go by, this branding change use-value with image value. Furthermore, it can be said that the key component of a strong brand is based on the initiation of an integrated approach in which industries are able to convey what they can offer relative to the competition, do what they are offering to the market and confirm it through consistent practice (Cai & Hobson, 2004). Accordingly, having a strong and effective brand and image to attain competitive advantage in the global market and to sustain its strengths and effectiveness, the management of the company must be able to give value to the capabilities of the brand (Nguyen and LeBlanc (2001). In an organisation, having a strong brand is attributed to having quality products or services. In this regard, the company must be able to provide a pleasant experience for target market to establish a strong and competitive brand image which may lead to their competitive advantage. It is said that the strength of the brand can be established once the company is able to consistently provide the target market quality products and services. In a study conducted by Kim, Kim, and An (2003), they have stressed that a strong and effective brand image has the ability to meet the specific needs of the consumer and achieved consumer-based brand equity. Strong and effective brand image has the ability to influence the development of customer base of each of the company as well as the consequent enhancement in brand’s financial performance. One of the significant characteristics of a strong brand has the ability to meet the viewpoint of the clients. Furthermore, a strong brand and effective brand has the ability to convey and update their information on the current trends in market demand and has the ability to formulate a strategy to sustain its strengths and effectiveness through customer satisfaction. Strong brand has the ability to provide total customer satisfaction which was developed within the company from knowing that most of the target markets are trying to find products which have been used by other people based on its name alone. Another characteristic of a strong and effective brand is its ability to reach the feelings that clients and other establishments have about the company with regards to the evaluation and assessment of other competing brands. In doing so, the management or the company handling the brands must be able to reach the clients through marketing activities like advertising and promotions. Having a strong and effective image means that the brand has the ability to maintain and sustain their competitive advantage. These brands has the ability to maintain such image in the marketplace since a negative change for a brand name may decrease in target market and consequently of revenue. It is said that it takes twice as hard to rebuild a good and effective brand image rather than initially building it.

Saturday, September 28, 2019

Italian Neorealism and National Cinema

The question whether to consider a particular film part of national cinema is still unanswered. What is national cinema? What separates it from other forms of film genres? What makes it part of ones culture and how does it illuminate identity and patriotism? Films are often described as society’s reflections or representations. Because of films’ utilization and articulation of visual imageries, storytelling becomes more vivid and concretely presented. In addition to that, the presence of alive actors and actresses makes film more in touch with reality. This is one advantage that films possess over other national art and treasures such as literature and music. The truth of the matter is, it is a combination of both literature, music, visual and performing arts. If the community renders such notions about national cinema, then the dictates of logic and reason readily show that each and every featured film shown in big screens are parts of a bigger picture known as national cinema. However, the problem is that members of the academe and scholars alike seem to be uncomfortable in settling to such an idea. National Cinema Keith Cameron noted that in discussing national cinema, there are â€Å"axis of reflections† that should be considered [1]. These are the manner in which films are â€Å"enunciated.† [2] The second one pertains to different texts and images that these films want to promote or imply.[3] The last but definitely not the least, is how to locate these films within the national context.[4] These three aspects are of great importance to this particular discussion. This would bring a better contextualization of De Sica’s Bicycle Thieves and how it fits in into the national cinema category. According to Cameron, there are three ways to enunciate films and that is based on the actual structure and content of the film involved, the analyses and discussions that are given to it and the institutions in which these films are shown and made available to the public. [5] With this regard, Cameron questions the differentiation of popular cinema from national cinema. First of all, Cameron seem to imply that although some films or productions are supported by the government or even if the country involve, such as France for example releases large numbers of film, these alone cannot really define national cinema’s true meaning. If such is the case, it seems that the term national cinema is too encompassing yet too specific. It is encompassing since, it basically involves films within the region and specific, since each of these cinematic productions goes through the scrutinizing eyes of various critics and members of the academic intelligentsia. This brings us to the second mode of enunciation which has something to do with the discourses that are attributed to a particular film. More often than not, to determine whether a film would best fit under the national context is based on the studies that deconstruct every ingredient that embodies a locally produced film. On the other hand, Cameron seem to imply that certain organizations which are actively involved in preserving these films play an important role in film classification—so much so, that a local film cannot be considered as part of national cinema unless these institutions tells so. Turning to the second axis, it is important to look at different symbols and imageries that are embedded in the film. National cinema tends to depict societal and systemic issues. Such readily promotes nationalism, identity, culture and history. But there are also occasions wherein the political structure of a country or state, that are often evident in censorship rules also affect the whole story. Political turmoil can either reinforce the inclusion of nationalistic advocacies and movements in film elements or it can silence these works of art and transform it into mere commodities. As for the case of the third axis, Cameron noted that locating cinemas within the national context should be examined as a mixture of different film genres that are present within the country. Plurality seem to be an important factor in defining films as part of national cinema that are differentiated by six typologies such as the following: â€Å"narratives, genres, codes and conventions, gesturality and morphology, the star as the sign and the cinema of the centre and of the periphery.† [6] Italian Neorealism and National Cinema Given this situation at hand, there is no doubt that national cinema, most especially in Italy has taken the attention of many. Angelo Restivo explained that a comparison cinemas that are not produced in Hollywood readily shows that extensive studies and researches has been conducted towards Italian cinema.[7] Based from this argument, clearly, Italian films exemplify the second mode of enunciation wherein it concerns the discourses that revolve around the film per se. One of the biggest contributions of Italy in the cinematic world is the rise of a genre more popularly known as Neorealism. [8] The defining characteristics of Neorealism are its strong emphasis on social and economic as well as political depiction of society. [9] Maria Prammaggiore and Tom Wallis elucidated that the rise of this film genre occurred during World War II’s aftermath. Roberto Rossellino, Vittorio De Sica and Luchnio Visconti are considered as the main proponents of the said film movement. [10] This has readily contributed into the growth and development of art films that are being offered in the public. With this regard, there is a need to understand national cinema and its seemingly inevitable fusion with Neorealism. If Neorealism began during the time wherein   communities are torn with war and poverty, then the film genre is expected to be part of a much diverse category, which is of course national cinema. An examination of De Sica’s Bicycle Thieves seems to reflect the social dilemmas that are present in Italy. The Bicycle Thieves is a story of a struggling man who is desperate to land a good job in the city. He has a family to raise and everyday expenses are synonymous to everyday curses. Ricci, who is the main protagonist of the story, is in dire need of a bicycle since it is one of the job’s primary requirements. Job opportunities are scarce and there are also other applicants who are readily qualified for the position. In order to get the job, he and his wife pawned some of their precious possessions to get a bike. The world literally crumbled during the war. Economies dropped down and more individuals were denied to have a decent means of living. This is well articulated in the film. Ricci’s undertakings represent the experiences of an individual that is in extreme poverty and desperation. Therefore, it has the tendency to reflect the sentiments of persons who are also engulfed in such situation. Italy is not spared from the war’s impact and De Sica showed that even a great city encounter severe problems. Thus, the social and economic aspect of national cinema in this case is already manifested. Furthermore, since Neorealism, as the term realism depicts, emphasizes capturing reality on screen or at least being closed to reality in that manner. In order to accomplish this, conversational language and natural settings are readily utilized to imbue the â€Å"real† effect. [11] In the first scene alone, Ricci’s environment already manifests extreme poverty. Natural sounds are basically not edited or polished in order to present the realities of the movie’s setting and thus its artificiality is readily reduced. The striking techniques of realism and at the same time, the claims of national cinema make a perfect combination. Perhaps it can be best explained that Neorealism falls under the category of national cinema. Out of the need to live and survive, Ricci became a bicycle thief too. Apparently, this situation demonstrates war’s remnants. There is the struggle to live throughout the whole war per se. But the battle is even harder when on how to continue life after the incident. The use of close-up shots in the film further heightens the drama that is presented in the film. However, De Sica does not seem to place much importance on dramas that are filled romantic notions—but rather on what is evident in the world. Linda Badley, Barton Palmer and Steven Schneider [12] explained that questions about Neorealism have something to do with insufficient funding. The raw and organic styles that it features are out of necessity rather than pure stylistic and aesthetically-related techniques, according to its critics. But then again, Badly, Palmet and Schneider discussed that â€Å"on-location† shoots are even more expensive since some factors such as the weather and lighting cannot be controlled and that it should go through a series of finishing touches for it to capture the desired effect. [13] National cinema as previously discussed is a celebration of society’s everyday affairs. De Sica and his great interest and fervor desire in promoting Neorealism is a concrete example of a classic national cinema. Once and for all, the mere fact that Neorealism deals with reality simply purports that national values and experiences are highlighted. The visual imageries that are used in Bicycle Thieves connote a strong presentation of Italy’s previous political and social upheavals that has to be confronted. The aim to depict this reality goes hand in hand with the objective to readily champion a vital change that is essential in Italy’s community. Due to this, national cinema transforms into an art form worthy of praise and recognition. Bibliography Badley, L, R Palmer& S Schneider. Traditions in World Cinema. Edinburgh University Press, Edinburgh, 2006 Cameron, C,   National Identity. Intellect Books, Great Britain, 1991 Prammagiore, M   & and T Wallis, Film: A Critical Introduction. Laurence King Publishing,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   London, 2005 Restivo, A,   The Cinema of Economic Miracles: Visuality and Modernization in the Italian   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Art Film, Duke University Press, USA, 2002 [1] K Cameron, National Identity. Intellect Books, Great Britain, 1991, p. 96 [2] Ibid. [3] Ibid. [4] [5] Ibid. [6] Ibid. [7] A Restivo, The Cinema of Economic Miracles: Visuality and Modernization in the Italian Art Film, Duke University Press, USA, 2002, p.3 [8] M Prammagiore   & and T Wallis, Film: A Critical Introduction. Laurence King Publishing, London, 2005, p.310 [9] Ibid. [10] Ibid. [11] Ibid. [12] L Badley, R Palmer, S Schneider, Traditions in World Cinema. Edinburgh University Press, Edinburgh, 2006, p. 32 [13] Ibid

Friday, September 27, 2019

Argenti's 'A' score and Altman's 'Z' score models Essay

Argenti's 'A' score and Altman's 'Z' score models - Essay Example Simply speaking, a corporate failure may be defined as a situation when a company goes bankrupt and is thus forced to quit its business activities. Off course it is quiet obvious that any corporate concern goes out of business only if it fails on some fundamental parameters. Thus, corporate failure analysis constitutes and integral part of the contemporary business scenario. Hence the aim of any pragmatic corporate failure analysis is to identify the tell tale symptoms that are discernibly indicative of the fact that a company is heading towards annihilation. Such an analysis enables the management, administration, financial institutions and creditors to strive for and press on the need for introducing the apt countermeasures in advance so as to avert any possibility of a pending corporate failure. Till date, the concept of corporate failure analysis is predominated by two diverse approaches, one of which is purely quantitative whereas the other is thoroughly qualitative in its scope. If one holds that most of the corporate failures can be attributed to financial lapses, then it is certainly possible to avert any corporate failure by resorting to a timely and apt financial analysis. On the contrary there exists one other approach that believes that most of the corporate failures are caused by non-financial lapses and irregularities and financial irregularities in any company are a mere side effect of the discrepancies existing in the qualitative aspects of business. In the light of the given discussion, Altman’s ‘Z’ Score model is a noteworthy quantitative approach towards corporate failure analysis, whereas Argenti’s ‘A’ Score model definitely stands to be its consummate qualitative counterpart. Altman's Z-score model is an important performance management and company failure analysis tool. Also known as Altman's Bankruptcy Predictor, this model was given by Edward I. Altman in 1968, who worked as a professor of finance at the New York University (Calandro 2007, p.37). This model is primarily a statistical formula that can be exploited to predict corporate performance. The basic strategy behind this model is that it depends for its validity on a series of chosen financial ratios and each and every selected key ratio is assigned a weighting. The Z score derived through the incorporation of the key ratios in the mathematical formulas is used to predict whether a company is liable to fail or not. The Z score calculated through a detailed data analysis is eventually used to predict the sustainability of a company. In case this Z score surpasses a specific figure, the company being analyzed is considered to be safe. A Z score of above 3 is considered to be healthy and safe while a score lying around 1.8-3 is regarded as being precarious. Thus Altman's Z score model is to a great extent dependent on the data culled out from a company's published financial statements and its reliance on the qualitative aspects of business is almost negligible Advantages of Z score model are: This model is considered to be highly accurate. In more then 72% of the cases, it has been found to successfully predict corporate bankruptcy. It is easy to calculate. This model can be used to complement other analytical tools. This model enables the analysts to incorporate many financial characteristics within a single score. The Disadvantages of Z score model are: It focuses only on financial data. Z score does not help the management to understand the dynamics of the problems existing in the company. The results may turnout out to be inaccurate in case of a corruption of the financial data. It is not useful for predicting company failure in the current scenario as it is based on out of date assumptions and data (Grice 2001, p.57). Its results do not stand to be that accurate in case of

Thursday, September 26, 2019

International Marketing Plan Part 3 Assignment Example | Topics and Well Written Essays - 1000 words

International Marketing Plan Part 3 - Assignment Example The number of skating companies in the last couple of years has increased and it is expected that there will be new entrants in future as well (Bennett and Blythe, 2002). The biggest competitors in the skating industry are Rollerblade, Roces, Solomon and K2 and almost all of them make sure that they are available in all leading stores. International Skating will enter the market by supplying its products to the skate shops that sell the skates and its accessories in the specialty stores. Since its competitors are making sure that they are available in all the large chain stores which are the discount distributors as well. All the three products i.e. Skate Aids, Blade Boots and Skate Sails will be available in all the specialty stores. The reason for choosing the specialty stores is that the target market of Skate Aids is basically the premium market and they will go to these specialty stores to buy these exclusive products. Alongwith these skates, they will be able to buy other accessories as well and make huge amount of profit as well. Hence, this distribution policy will help the company in gaining the competitive edge. It is already mentioned in the marketing strategy that the company is focusing on the target market that is comprised of health and fitness, recreational and speed skaters. Since the company is targeting all the three sectors and has also developed in accordance with their requirements, it is expected that the company will be able to gain 80% of the market share. The competitive edge that the company has over its competitors is that it will offer product ranges within the reasonable price range so that the skaters can enjoy the most thrilling and exciting skating experience of their lives. The key target market can be said as the one that is trying to remain fit and health and for that they are looking for appropriate alternative to exercise. Since skating is one of the most exciting and thrilling sports, it is now the

Leadership style Essay Example | Topics and Well Written Essays - 750 words

Leadership style - Essay Example The main purpose of this exercise is to understand different leadership styles and their impact on the followers. Interview with the senior nurse manager revealed that she gave orders to her subordinates and peers, as well. She kept most authority to herself and did not involve her reporting managers in any of the work-related decisions. All her reporting staff were habituated of taking orders. The senior nurse manager was extremely quick in taking decisions, without spending much time. The things that annoyed her manager were delay and interruptions in accomplishing the tasks. She would get impatient at people that tried to question or understand the underlying reasons for her decisions. Response from the team nurse manager was quite contrasting. She believed in working with others, and team members’ involvement and participation defined her style of leadership. She would always take her team members’ opinion before taking specific decisions. She enjoyed working with people and not in isolation. The manager gets annoyed by unscrupulous behavior and isolation. The senior manager possesses autocratic leadership and the team nurse manager is a democratic leader. Both autocratic and democratic styles have significant impact on followers in terms of task accomplishment and motivation. While autocratic leadership uses authority, coercive power and reliance on others for achievement of desired outcomes, the contrasting style, i.e., democratic style uses trust, encouragement, participation and delegation of responsibilities to achieve desired outcomes. Democratic leaders levy complete trust in the abilities of their followers whereas autocratic leaders do not act based on trust but believe in action and abilities. As seen in the case of senior nurse manager, all tasks are almost always completed on time and under utmost discipline, unlike the team manager who gets tasks completed with lenience and sometimes in chaotic manner. The

Wednesday, September 25, 2019

Beethoven Symphony No. 3 any movement Essay Example | Topics and Well Written Essays - 500 words - 1

Beethoven Symphony No. 3 any movement - Essay Example However, in the year 1804, in a move to avoid paying a fee to the royal patron, Beethoven withdrew the dedication of the composition to Napoleon. He later rededicating it to the then Prince, Joseph Franz Maximilian Lobkowitz. Never the less, in the self-proclamation of Napoleon as a French Emperor on 14th May 1804, Beethoven, with his political ideologies, titled his work as Buonaparte (Berlioz, 2000). Ferdinand Ries, Beethoven’s secretary, claims that Beethoven had high esteem for Buonaparte while he was a Consul and that he had been thinking of him as the greatest Consul all over the Ancient Rome. He further claims that the name of Buonaparte, beautifully inscribed on the top of the composition, is all that Beethoven close friends saw with that Beethoven beneath the composition. However, when the news of Buonaparte reached, confirming he proclaimed himself an emperor, Beethoven tore the top title page having in mind that the person he admired will boast of his new title. Considering himself the most powerful being among his kind. The symphony received the title Sinfonia eroica only after re-writing of the top page. The composition is very interesting and soothing at some points. The reasons to why I find this piece interesting is due to its instrumentation works that provide valuable departure points. These points carry a single innovation to the point at which the horn player chips in the film. The composition of the film is considered as a classical-style, as it is long when compared to the Symphonies of other artists such as Haydn and Mozart. With exposition repetition, the initial movements are long making them typically classic symphony, thus preceding the start of the Romantic Era in classical music. Great range of emotions is evident in the second movement, ranging from the funeral match that depicted misery, to a relatively solace of happiness in major key

Tuesday, September 24, 2019

Foreign Exchange Rates as Unbiased Estimate of Future Sport Rates Dissertation

Foreign Exchange Rates as Unbiased Estimate of Future Sport Rates - Dissertation Example This knowledge will enable the formulation of trading strategies to enhance the effectiveness of market entry and exit, to properly time the purchase of currencies at the lows, and the sale at the highs, or to adopt an adequate hedging position. The study employed three methods of determining the existence of EMH with the intention of arriving at results that corroborate each other, since any one method taken alone can never be assuredly accurate. The first method employs the regression of future spot rates against forward exchange premiums. The second method tests for a confirmation of the unbiased forward rate hypothesis which is indicated by the co-integration of the forward exchange rate and the future spot rate. The third method employs an analysis of EMH on real terms also through regression modeling and equation estimation. Each of the three methods provided evidence that the efficient market hypothesis is valid in the currencies exchange market, specifically in the Swiss fran c – US dollar spot and forward exchange rates. The weak form of market efficiency has been tested and validated, for which reason investors and business would most likely not realize abnormal profits through the use of methods of technical analysis for price forecasting. Table of Contents Abstract 2 Table of Contents 3 Introduction 5 Background of the problem 5 Statement of the issue 6 Structure of the work 7 Literature Review 8 EMH and the Foreign Currencies Market 8 EMH in the forex market before and after the 2008 global financial crisis 9 The relationship of forward and spot rates in the forex market 10 Further studies on the predictability of foreign exchange rate behavior 12 Theoretical Framework 14 The Efficient Market Hypothesis 14 Weak form EMH. 15 Semi-strong form EMH 16 Strong form EMH 18 Evidence for and against EMH 19 Empirical Framework 21 Results 23 First Test: Result of regression estimation 23 Second Test: Determining co-integration between st+1 and ft 27 Thi rd Test: Real terms 30 Conclusion 33 Summary of the dissertation 33 Conclusion 34 Other studies could explore the semi-strong and strong forms of efficiency in the currencies exchange market. Responses of prices to news announcements affecting fundamental value or confidence about the underlying economy may prove useful to determining the rate of adjustment of a partially semi-strong efficient market to newly available information. It shall also be a challenge to conduct a study on the strong form market efficiency, because of the difficulty of obtaining data on essentially illegal activities. 36 Bibliography 37 Introduction Background of the problem In the early sixties and prior, the exchange rates in international currencies were governed by the fixed exchange rate regime. From 1973, however, the general free floating exchange rate regime was adopted by the major European central banks, with other international monetary systems adopting the same policy. As a result, companies wit h international exposure (there were very few â€Å"multinationals† then) were particularly prone to shifts in exchange rates of the currencies in which it dealt with (Soenen, 1979). Companies with international operations would at any one time be purchasing raw materials in countries where they are cheap, with their local currency, and selling the finished products in other countries where the demand is great, also with their local

Monday, September 23, 2019

The Law of Search and Seizure Essay Example | Topics and Well Written Essays - 750 words

The Law of Search and Seizure - Essay Example Considering the fact that there was enough information about the criminal as well as the crime he was about to and had committed there was enough probable cause to stop his vehicle. The responsibility of the police is to ensure the safety of the public and the aforementioned action was t aken so as to make sure that the safety of the public was not ignored (Soglin, Price and Romano, 2007). The description that had been provided about the criminal as well as the appearance of his car was found to be exact and he also carried out certain actions that are done so by people who are guilty of crime. The exchange of bags, the way he deals with the other person, his attempts to get rid of the surveillance etc were all somehow directing the police towards believing the fact that he was the real criminal. The officers have the freedom to detain public if they are considered as having the propensity of being a criminal. They do not violate any law what so ever by merely approaching individuals in public and that too because they have reasons to consider them a criminal. Even when officers have no foundation for deducing a scrupulous personage, they have been given the authority to as questions, as well as for credentials, and appeal to assent to investigate their person or property. Also, it is to be taken into consideration that the police have the liberty to carry out a warrant less search of any part of a means of transportation as long as they have plausible cause to suppose that the object they are trying to find is present in the car. And, "this includes compartments and containers within the vehicle, including the trunk and glove compartment. If a search and seizure without warrant are made upon probable cause, the search and seizure are valid. When officers have probable cause to believe that an automobile contains contraband, the Fourth Amendment does not require them to obtain a warrant prior to searching the car for and seizing the contraband" (Fleck, 1999). Detaining is allowed even if the person is not under arrest on the basis that there is enough proof of him being stopped and searched. They can also be asked to step out of the car because of the fact that the Fourth Amendment of the Constitution of the United States of America allows them to. Hence the governmental authorities have the power to stop general public (only if they have reasons to believe them as criminals) and to ask them to step out for questioning. If there is no reason to believe or perceive him or her as a criminal, then the person has the power to walk away from the detention or to even not answer the questions posed by the police at him (Supreme Court Upholds Right of Passengers, 2007). The question of searching a car without warrant arises here. This is also allowed under the Fourth Amendment but even this action required the presence of enough

Sunday, September 22, 2019

A View From The Bridge Essay Example for Free

A View From The Bridge Essay A View from the Bridge was written by Arthur Miller in 1955. The play is a modern tragedy with some elements of an Aristotelian tragedy. The play is set in the 1950s in the gullet of New York which is Red Hook.  In this essay I am going to explore if the protagonist, Eddie Carbone, is guilty for his downfall; which then leads to his death. A tragic hero has a fatal flaw which leads to his downfall, in Eddies case, he is attracted to his niece. This causes him to be overprotective and not let her meet anyone else, as he wants her for himself. The tragic heros downfall is brought about by ignoring advice; In Eddies case, he doesnt listen to Alfieri, the lawyer and chorus of the play, when he tells him to let Catherine go. My first impression of Eddie is a tall, big and quite overweight man, with little hair and a slowly dying face. He is an outgoing and hardworking man who provides for his family. I got some of these impressions because the chorus, Alfieri, describes him as, He is forty a husky slightly overweight longshoreman. The first person he talks to in the play is his niece, Catherine. At first he is caring when he comments on her new dress. But then he becomes a bit protective about her wearing it as he thinks it is too short and that men outside would stare. He is also reluctant to let her to go to work at first but when he sees she is sad he lets her do it, which shows us that he is more willing to make his niece happy than his wife. He talks to his wife, Beatrice like he would to any other wife but he does not go over to her to give her a hug or a kiss, just simply tells her something. But when he does, he sometimes holds her hands affectionately. This tells us that he expresses his feelin gs more easily in gestures than in words. Before Marco and Rodolpho arrive, Eddie is not too fond of them staying at his house, he complains that he may end up sleeping on the floor because of them. But then he talks about it being an honour for letting them stay over. When the cousins actually arrive, his attitude towards them changes dramatically. Earlier on he was saying Listen, as long as they know where there gonna sleep, and when they arrive he greets them;  Youre welcome, Marco, we got plenty of room here. Katie, give them supper, heh? Later on he only comes to address Marco only as he realises that Catherine is attracted to Rodolpho. He is coming more and more to address Marco only. He notices this as she keeps talking about Rodolphos facial appearance. The fall of Eddie Carbone begins when the cousins moved in. Rodolpho and Catherine are instantly attracted to each other, which angers Eddie very much as he is also attracted to her. Beatrice worries that Eddie dislikes Rodolpho because he likes Catherine, he responds, He sings on the ships, didja know that? This gives us a hint that he is trying to find things wrong with Rodolfo.  After this he visits Alfieri, the lawyer. He goes to ask him if he would be able to stop Rodolfo and Catherine marrying each other, but Alfieris advice to him is the child has to grow up and go away, and the man has to learn to forget. Because after all, Eddie what other way can it end? One other thing that Alfieri says hints at the truth, She wants to get married, Eddie. She cant marry you, can she? Eddie replies Whatre you talking about, marry me! I dont know what the hell youre talking about! He obviously knows what hes talking about, and Beatrice knows as well. The violent reaction from Eddie shows us that he fells ashamed that he loves his niece and fears that he will lose his dignity and respect.  Eddie doesnt listen to his advice but leaves the office in a dilemma. Knowing he cant do anything about Rodolfo, his attitude towards him changes dramatically. He stops talking to him in a civil manner and only speaks to mock him, such as when Rodolfo says, Lemons are green, and Eddie replies, I know lemons are green, for Christs sake. He says this almost to point out that Rodolfo is stupid. Every time he criticises Rodolfo he seems to look for support in his older brother, Marco. When he tries to teach Rodolfo how to fight, we see Marco being protective of his brother. When Eddie tries to land a punch on Rodolfo, the stage directions say it mildly staggers Rodolfo, Marco rises. After they have finished, Marco has his own test of masculinity. Marco says Can you lift this chair, a seemingly easy task. But Eddie cannot complete it and Marco carries on with showing him as the stage directions say, Rodolfo and Catherine have stopped dancing as Marco raises the chair over his head. Marco is face to face with Eddie, a strained tension gripping his eyes and jaw, his neck stiff, the chair raised like a weapon over his head and he transforms what might appear like a glare of warning into a smile of triumph. This shows us that Marco is no longer in support of Eddie and it is also a sign that he will defend and protect his brother if he is harmed. This leaves the audience tense at the end of Act One, which will make us focus more on the play. We become anxious about what happens from here on. We also know that a tragedy or something that will lead up to it, is going to occur in the beginning.

Saturday, September 21, 2019

Performance Measurement Of Financial And Non Financial Results Accounting Essay

Performance Measurement Of Financial And Non Financial Results Accounting Essay Every organisation strive for good performance. Performance improvement considers organisational change where management of the organisation puts in place some projects to help boost the current level of performance. In this respect the programmes may completely change the organisation behaviour and conducts to allow the changes to take effect. Management aims to increase the organisational effectiveness and efficiency in delivering its products and services. As the matter of fact performance requires performance measures to evaluate the financial and non financial results. Thereafter performance gaps and future improvement actions are planned considering ethical aspects. Most organisations use performance indicators which serve as powerful approach to monitor and improve performance. Organisations use different methods and techniques they have developed to process changes for improvement purposes. Most of people measure companys performance by looking at amount of money the company has just made. They consider profit, ROI, revenues to be the measure for performance. The main problem of considering only financial aspects of the business is that these measures report the past actions that the company may have no immediate control. Taking an example of customer aspects, they are not directly covered under financial aspects. Focusing only on financial aspects may in the long run jeopardise the companys relationship with the customers and may look for their needs with the competitor company. In view of the above a more comprehensive and clear approach is needed that put equal weight and emphasis to both financial and non financial aspects. An approach that not only considers lagging indicators but also looks forward and consider leading indicators. This prompted the researcher to consider using the Balanced scorecard framework in evaluating the performance of the Local Authorities Pensions Fund (LAPF) and to recommend actions to improve the current level of performance. The research topic explains by itself, and aims to find out the performance improvements that could be achieved when LAPF opts to implement the BSC approach. Thus the topic covers two aspects; performance improvement and the Balanced Scorecard. Balanced Scorecard ( BSC) Approach As it is mostly known, the BSC strikes the balance between the financial and non financial measures of performance. In short BSC is a framework used for evaluating business performance of a company. Kaplan and Norton consider BSC as Organisational performance management tool. As will be reviewed in Chapter two,( section 2.3) BSC involves defining company mission, strategy and measures. These should be clear and agreed upon by the interested stakeholders. After the BSC is set management should try to understand the factors that cause change and fluctuations of the BSC. These factors are very important as will lead the organisation to fully understand where and when to spend to cover the performance gaps. The following diagram ( figure 1.1) shows a simple balanced scorecard template.( adopted from Kaplan and Norton,1992.) Financial perspective Internal process perspective Vision strategy Customer perspective Learning growth perspective Figure 1.1 Balanced scorecard template For each of the four perspectives, strategic goals that link with the vision and strategy are established together with the relevant measures. For a beginner like LAPF this simple structure is recommended to maximise the chances for successful implementation. As the BSC is a continuous approach, management may later wish to adjust the objectives and measures to reflect the current operating and economic conditions. Performance improvement cycle Performance improvement is a continuous process. It can be thought of as a cycle. Consider the following diagram ( figure 2) with the explanations below. Figure 1. 2 Performance Improvement Cycle Explanations Plan: The organisation needs to know what should be accomplished and plans strategically. Plans should be integrated and aligned with the corporate strategy. Management also should set the objectives and goals to achieve the corporate strategy. The process also involves defining responsibilities and communication means, identifying talented personnel to lead the execution process. Execute: The process involves putting the plans into actions. This entails the execution of the planned activities to achieve the budgeted profit and loss account, forecasted balance sheet and cash flow statement. Normally the plans are for a short time period covering one financial year. In most cases it is done in operational level. In this study the performance will be evaluated considering 2009/10 plan budget. Check ( measure): The organisation then measures the performance using the indicators already established. This involves comparing the realised performance with the budgeted plans. Without measuring the performance ,the organisation does not know whether changes need be applied to reach the budgeted goals or to change the goals for the year. Act: At this stage ,the organisation should think and decide on new ways that may result in improvement. Here changes are important but should be carefully considered if when implemented the results will be improvements. Brain storming takes place at this stage. It is also from this stage where management should find out the root causes of bad or unsatisfactory performance and identifies hurdles to success. As will be explained in chapter three (section 2.5) implementing changes pose a challenge to many managers. It is therefore recommended that a clear and systematic process be adopted to make changes successful. Performance improvement needs changes. In another words, this is the improvement methodology stage where management can think of improvement approaches such as BSC, Six Sigma, TQM, etc. 1.2 SPONSOR COMPANY PROFILE- The Local Authorities Pensions Fund( LAPF) The Local Authorities Pensions Fund (LAPF) is a social security institution established under the LAPF Act No 9 of 2006. This Act repealed the Local Authorities Provident Act No.6 of 2000.The difference is that the former Act no 6 of 2000 was meant only for Defined Contribution Plan while the existing Act No.9 of 2006 is for Defined Benefit Plan. LAPF as one of the six social security institutions in Tanzania was established with the objective of providing social security cover to the employees of the local government authorities, agencies and Institution owned by Local Authorities. As per the Tanzanian government regulation each of these six schemes was established by different legislation and covers a defined category of people or sector. LAPF has more than 70,000 members each contributing (on a monthly basis) a total of 20% of members basic salary (an employees basic salary), of which the employers share is 15% and 5% is contributed by the employee (member). Apart from the Head Of fice (in Dodoma region) the Institution has five Zone Offices throughout the country covering 4 to 5 regions for each Zone. Vision, To become one of the best provider of social security cover in Tanzania (LAPF Act) Mission Statement, To provide social security benefits with related services to its members. (LAPF Act). In summary, the following are the main functions of the Fund: Pay benefits to insured person Improve benefits payable under the Act Register persons required by the law to contribute to the Fund Safeguard members contributions and other Funds resources Invest contributions in less risk and high returns yielding investments 1.3 PROBLEM DESCRIPTION For years now LAPF uses financial measures in evaluating the success of the Fund. As the competition in social security markets becomes an intense and rapid development in business, reliance on financial measures becomes questionable. This results to some of the financial measures to be ineffective and inefficient in evaluating the Funds performance from its operations, e.g. how to measure customer satisfaction. Through the performance measurement system any Organisation gets a comprehensive view of how it is performing. LAPF as a performance-driven and achievement-oriented in a competitive social security industry, needs to maintain an efficient performance measurement system. The system is used to track the changes in overall performance. Thus, the researcher aims to propose the use of BSC framework as the approach that will be applied in evaluating and improving the performance of the Fund. LAPF may wish to adopt the BSC system in measuring its performance to solve the problem of ineffective measures of performance recently adopted. Thus at this initial stage the aim of the study is not to implement the BSC approach. Balanced Scorecard involves both financial and non financial performance measures. In 1990, BSC was established by Robert Kaplan and David Norton to complement financial measures.The technique has recently become famous and widely adopted by some Organisations due to the benefits derived from its implementation. The application of only financial measures to evaluate performance may not give a real picture on how the Organisation performs. This prompted these Organisations to switch their strategies in assessing their performance applying critical measures (both financial and non financial) in each of the four BSC perspectives. Thus balance scorecard helps management to understand a comprehensive picture of the business operations grouped into these four categories i.e. Financial, Customers, learning and growth, and internal process. LAPF as the first time user of BSC will have to choose relevant performance measures for each of the above categories keeping in mind the nature of its business. The adoption of BSC as a set of measures will help management in formulating strategy to achieve the Funds objectives. It is believed that BSC will bring about management revolution and will provide real insight in the operations of the Fund as both financial and non financial performance measures will be employed in evaluating the success of its operations. 1.4 RESEARCH OBJECTIVES The main objective of the research is to find ways of improving LAPF performance. To achieve this, the researcher will adopt the Balanced Scorecard (BSC) framework to evaluate the performance of the Local Authorities Pensions Fund (LAPF) .The performance will be evaluated in each of the four BSC perspective i.e. financial, customers (members), internal process, and Learning growth. In this respect the researcher will compare the expected planned performance (as per the LAPF policy, budget etc) with the current performance as perceived by employees and management (resulted from questionnaires and interviews). It should be noted that the researcher DOES NOT aim or plan for BSC implementation. Other objectives are as outlined below: To assess the level of BSC understanding among employees To build positive image of BSC in the eyes of LAPF management and staff To persuade the Organisation to adopt the BSC approach To propose a BSC structure relevant to the LAPF needs, objectives and operations To find out whether the Fund has another alternative method for improving the performance besides using BSC approach Lay down foundations for further research on improving performance measurement system. 1.5 RESEARCH QUESTIONS 1.5.1 Main Research Question What can be the performance improvement by implementation of the Balanced Scorecard(BSC)?The case of Local Authorities Pensions Fund in Tanzania (LAPF) 1.5.2 Theoretical research questions What is Performance Measurement? How can it be improved? What is Balanced Scorecard? How widely is Balanced Scorecard used? What are the benefits of using Balanced Scorecard? What are the problems and /or challenges in implementing the BSC? How to reduce the chances of BSC failure? What are the metrics for measuring performance? Are there any other tools for improving performance measurement besides BSC? How do they differ from Balances Scorecard? 1.5.3 Empirical research questions How does LAPF measure its performance? What does LAPF understand about the BSC? Is the approach known? To what extent? Is the proposed BSC relevant to LAPF operating environment? Will the LAPF management accept changes? How does employees and management evaluate the current performance of the Fund? (As per the proposed BSC framework) What are the benefits expected to LAPF from the proposed approach? What are the challenges in the process of improving the Funds performance? What are the efforts being adopted to improve the Funds performance? Any other alternative besides the proposed approach? 1.6 PROPOSED BALANCED SCORECARD FOR LAPF Table 1 below is a proposed BSC framework for LAPF as designed by the researcher. This framework stands as the main research area as it was used to evaluate the Funds performance. The questionnaire and interview questions were based on this framework to find out what should be the level of performance ( as planned by management), what is the current level ,and what should be done to improve the current level of performance. It is expected that the contents of the BSC ( goals and measures) may be adjusted after accommodating comments from the LAPF management and staff .This research does not cover implementation of the BSC, the decision on whether to fully implement the BSC approach lies with the LAPF management ,where the Fund will have to study and plan for the implementation process. THE LOCAL AUTHORITIES PENSIONS FUND PROPOSED BALANCED SCORECARD VISION: To become the best and most preferred provider of social security in Tanzania 1 Financial Perspective Actions ( Critical Success factors) Measures Invest the contributions received in a highly and secure yield investment ( Accurate investment decision making) -Return on Investment (ROI) Survive -Increase in premium Growth -Percent increase in Cash Flows Profitability -Return on Assets Effective cost reduction -Percent reduction in cost Risk Mitigation -Percent reduction in risk occurrence -Percent of loss due to risk Budget accuracy -Percent error in forecasts 2 Members Perspective Actions ( Critical Success factors) Measures Increase membership base -Number of new members registered Members satisfaction -Frequency of members complaints -Members Survey rating -Complaints response time -Timeliness of service -Service accessibility Provide seminar and education to members -Number of seminars conducted -Market share Attract more members and retain members -Number of new members -Increase in premium -Retention rate Increase Benefits Packages -Number of new packages -Lead time (time taken to introduce new package) Marketing LAPF and its products and services -Market share 3 Internal process Perspective Actions ( Critical Success factors) Measures Process capabilities -Percent reduction in payment cycle time Provide benefit package on time -Claim processing time Service improvement -Number of customer problems reported over a period of time Quality -Percent reduction in rework -Industry quality rating Effective reporting/information system -Average time for circulation information -System availability Percent of late reports -Percent of errors in reports Maintain inter departmental team work -Number of days to communicate feedback -Information circulation time 4 Learning and Growth Perspective Actions ( Critical Success factors) Measures Training to employees -Training time per employee -Number of employees trained Employee satisfaction -Employee turnover rate -Chances for empowerment and promotions -Level of freedom of opinion and suggestions -Percent of employees suggestions and recommendations put in action -Percent of complains about salary and incentives -Response time to employees complaints Continuous innovations -New products /service Opportunity level to show creativity Team building and effectiveness -Percentage of empathy level -Percentage achievement of goals Table 1.1 LAPF proposed BSC 1.6 .1 Strategic Mapping Strategic map shows the cause-and-effect relationship. Applying the four BSC perspectives, we are able to draw a cause -and -effect logic flow to show the relationship between them. In simple words it depicts the link that exists between the perspectives. It therefore outlines what a company wants to accomplish (financially and to members) and how to accomplish it ( through effective and efficient internal processes ,supported by competent, motivated and creative employees). Figure 1.3 below shows an example of strategic map relevant to LAPF operations. Revenue (Contributions) Cash flowFinancial Operating Costs Contribution Arrears Members complaints Members satisfaction Members Claim reprocessing Payment cycle timeInternal process Employees suggestions Employees competenceLearning Employees moraleGrowth Figure 1.3 LAPF Strategic Map Explanations: If LAPF employees lack incentives to boost their morale to work, it negatively affects the time taken to process members claims. In turn this brings members complaints that cause delay in submitting contributions in time. The ultimate effect of it is insufficient cash to operate,invest and pay other beneficiaries. Incompetency employees make errors in processing the claims that necessitate reworking the claims. This increases the operating costs that reduce the cash flow status. High employees morale, shorter payment cycle time lead to members satisfaction. In turn increases contributions that boost the cash flow. Low morale, ignoring employees suggestions and incompetent employees all together result to employees dissatisfaction. This may in turn prolong the payment cycle time, which results to members dissatisfaction. Eventually this results to delay in contributions which at the end affect the Funds cash flow. Note: Figure 3 shows only some few measures as indicated in the balanced scorecard. More measures can be added and a link with a logic flow be established to show the cause and effect relationship between the BSC perspectives. 1.7 ETHICAL CONSIDERATIONS The research was conducted as per the LAPFs code of ethics. Participants were free, to control their own willingness to participate, contribute or even to withdrawal. Where confidentiality and anonymity was demanded the study adhered to this and make sure no harm, pain or discomfort is caused to any participant. Adherence of ethical issues in each stage of the research process from, data collection, analysis and reporting is my priority consideration. The Fund will be briefed of the research findings. 1.8 ROAD MAP This thesis comprises of five chapters. Chapter one: Consists of general introduction and the topic to be researched. It also contains brief explanations of the concepts found in the main research topic, i.e. Performance improvement and the balanced scorecard. Chapter two: Consists of all relevant literature concerning the balanced scorecard, performance improvement, and change management which is very important to consider before undertaking any programme to improve performance. I personally consider change management to be very critical and is influenced by several internal and external factors. From this chapter we will have an opportunity to understand stages that lead to successful changes. The common mistakes/errors done by the organisation when adopting changes ( which are the main causes of failure) as explained by John Kotter ,1996 are also found in this chapter. Moreover the chapter contains other performance management approaches beside the balanced scorecard and a review on how they relate or differ with the BSC. Chapter three: Comprises of methodological section. In short questionnaire and interview are the main sources of data collection for this research. In addition to this, it also includes sampling and respondents information. Chapter four: Includes the results and discussion thereof. It also includes analysis of data collected through questionnaire and interview. Chapter five: Explains the conclusions and recommendations based on the data collected. 1.9 LIMITATIONS This study has the following limitations; This research does not cover implementation of the BSC in LAPF. It is limited to the use of the proposed BSC framework to evaluate LAPF performance, where by the Funds objectives and their related measures are more specific. It is from the findings , conclusions and recommendations LAPF management may think and plan the implementation of this approach. The study is limited only to the Local Authorities Pensions Fund due to time and financial constraints. It does not cover any other firm in the social security industry in Tanzania, neither LAPF performance will be compared to preceding years performance The planned number of interviews to be conducted could not be reached as the targeted staff were out of the office for different reasons. In this regard the researcher decided to increase the number of questionnaires to be supplied from 30 to 40 in order to collect as many data as possible. The indicators and measurement tools in this study make use of secondary data in measuring performance. Secondary data may have inaccuracies. Inaccuracies in data could result in results which are unreliable and unsuitable for measuring performance and in achieving targets. Weights have not been placed on any particular dimension or goal area. LAPF priorities change with changing national Social Security needs and it may be necessary to accurately place additional weights on some dimensions to achieve the desired outcome.

Friday, September 20, 2019

Free College Essays - The Character of Hester Prynne in Hawthornes The Scarlet Letter :: Scarlet Letter essays

The Character of Hester Prynne of The Scarlet Letter      Hester Prynne is a very well recognized character in The Scarlet Letter, by Nathaniel Hawthorne.   She is a character about whom much has been written such as, Toward Hester Prynn, by David Reynolds, and The Scarlet A, Aboriginal and Awesome, by Kristin Herzog.   Reynold's essay dealt with Hester as a heroine, who is an artistic combination of disparate female types.   Herzog's essay dealt with the idea that Hester is both wild and passionate, as well as, caring, conservative, and alien.    Towards Hester Prynne, by David Reynolds, expressed Hester as a heroine composed of many different stereotypes of females from the time period Hawthorne was writing.   Hawthorne created some of the most skeptical and politically uncommitted characters in pre-civil war history.   Reynolds went on to say, His [Hawthorne's] career illustrates the success of an especially responsive author in gathering together disparate female types and recombining them artistically so that they become crucial elements of the rhetorical and artistic construct of his fiction (Reynolds 179). Hawthorne used ironies of fallen women and female criminals to achieve the perfect combination of different types of heroines. His heroines are equipped to expel wrongs against their sex bringing about an awareness of both the rights and wrongs of women.   Hester is a compound of many popular stereotypes rich in the thoughts of the time ...portrayed as a fallen woman whose honest sinfulness is found preferable to the future corruption of the reverend (Reynolds 183).   Hester was described by Reynolds as a feminist criminal bound in an iron link of mutual crime (Reynolds 183).   According to Reynolds, Hawthorne was trying to have his culture's darkest stereotypes absorbed into the character of Hester and rescue them from noisy politics by reinterpreting them in Puritan terms and fusing them with the moral exemplar.    Kristin Herzog had a somewhat different view of Hester in The Scarlet A, Aboriginal and Awesome.   She described Hester as both wild and passionate, and caring, conservative, and alien.   Herzog stated that The Scarlet Letter is a story set at the rough edge of civilization.   Hester is as much an outcast as any Quaker in the Puritan colony and she takes the colony's abuse laid upon her with a Quaker's dignity.   Herzog described Hester's Aboriginal characteristics as caring and conservative.   This aspect of Hester's femininity is not the only trait, however, which

Thursday, September 19, 2019

Analysis of Little Red Riding Hood :: Little Red Riding Hood

Analysis of Little Red Riding Hood  Ã‚   The psychologist Sigmund Freud created many theories on how people are and why they do the things they do. His psychoanalytic theories are used today to for a better understanding of and to analyze literature. Freud’s three key zones of mental process are the id, the ego and the superego. The id is one of the most important of the three when talking about â€Å"Little Red Riding Hood† by Charles Perrault. The author tries to show that being impulsive and basically giving in to your id is not the best way to live one’s life.   In the beginning of â€Å"Little Red Riding Hood†, the little girl is happily skipping through the forest. â€Å"†¦she met a wolf, who wanted to eat her†¦Ã¢â‚¬  (Stories, 1066) and proceeds to have a friendly conversation with him. This is her first mistake. Being young and uninformed about the ways of the world, she thinks it is perfectly normal to talk to a big, scary wolf. â€Å"The poor child did not know how dangerous it is to chatter away to wolves†¦Ã¢â‚¬  (Stories, pg. 1066). Since the little girl is young and impressionable, she jumps on her impulses to talk to any stranger she comes across. She does not think of what could come of her informing the wolf of her every move. She is not concerned with what might happen due to her irrational choice of speaking with a similarly irrational wolf.   The wolf is also guilty of giving in to his amoral desires. When he first sees the little girl, he â€Å"†¦wanted to eat her but did not dare to because there were woodcutters working nearby.† (Stories, pg. 1066) He refrained from giving into his impulses only because he was afraid of being hurt by the people nearby. However, the wolf did not stay hungry for long. Giving into his animalistic desires, he beat the girl to her grandmother’s house and proceeded to eat her. He could not ignore his desires anymore. The wolf thinks with his stomach and not his mind. â€Å"The id is, in short, the source of all our aggressions and desires.† (HCAL, pg. 130)   The wolf shows the fundamental characteristics of the id. He relies on his aggression and desires to obtain what he wants.    At the end of the story, the irrationality of the main characters comes to an all time high.

Wednesday, September 18, 2019

In the 1930’s John Steinbeck wrote the novel Of Men and Mice. He wrote :: Free Essay Writer

In the 1930’s John Steinbeck wrote the novel Of Men and Mice. He wrote the book in the middle of the great American depression. During this great time of loss over 15 million people lost there jobs. OF MEN AND MICE In the 1930’s John Steinbeck wrote the novel â€Å"Of Men and Mice†. He wrote the book in the middle of the great American depression. During this great time of loss over 15 million people lost there jobs and were made redundant. All these people were left to find whatever work they could, all with no income or government support such as benefits or social security. The health service was no longer on a work plan so people were suffering in their masses because they could not afford to pay the service costs. California at that time was quite a rich state so many flocked there to find work. â€Å"Of Men and Mice† is set in Salinas in California. Salinas is on the coast of California and is quite a fruitful county and a lot of people will have gone to work on the ranches there like Lennie and George. John Steinbeck wrote â€Å"Of Men and Mice† in a socialistic point of view to capture what was going on in these times. He captured what was going on around him and turned it into a novel of two men doing exactly what millions of others were doing at that time going from place to place, ranch to ranch. This is how millions lived for many years to come. John Steinbeck felt that the government had let the public down buy not supporting them in their time of need. Lennie is described as â€Å"a huge man, shapeless of face with large pale eyes.† Just from this you can tell that he is abnormally big for these times. However George is described as â€Å"small, quick and dark of face with restless eyes and sharp, strong features.† This tells us that the man is smaller and skinnier than Lennie with more defined features. Lennie is said to be big and clumsy, so big even he is described as a bear â€Å"dragging his feet a little, the way a bear drags its paws.† Steinbeck then refers him to again â€Å"Lennie dabbled his big paw in the water†¦.† This then emphasise just how big he is being compared to a bear again. But whilst being like a bear he is also like a child â€Å"I forgot, Lennie said softly, I tried not to forget, honest I did George.† This makes Lennie sound like a child not only because of the language

Tuesday, September 17, 2019

Homosexuality and Film

Reaction Paper: â€Å"Philadelphia† I was really in love by the film. It was truly an Inspiration for me as a gay person. It reminded me that every person In this world, even if you're lesbian, gay, bisexual, transsexual, black, white or aslant deserves to be respected and to be equally well-treated. This film was great because It shows or talks about delimitation and tolerance as well. For me, I personally define Philadelphia as a cinematic perfection.It Is a very Important film to watch not only for the List's but also for every person In this world for them to know that delimitation Is a big no and to realize that even though a person Is different he/she must respect It. God created the man equally and we must not Judge anyone of us for their differences and disabilities. Actually, I was really feeling bored watching at the beginning of the movie. I honestly don't get the meaning and the purpose of creating this film.Aside from this film was a bit older (because it was rele ase in the year 1993) it took me a bit long to understand what thieve trying to say because of their slang accents and their idiomatic expressions and sentences that I don't understand. I was also confused and curious if why the movie was entitled Philadelphia and then I found the answer later As I watched the film, I found it interesting. I found out that the protagonist was a homosexual and was infected by a terrible disease called acquired immunodeficiency syndrome or AIDS.Andrew Becket was an excellent lawyer and was fired by the law firm because he had AIDS, but the law firm didn't actually say the real reason of why hey fired him and that they made it appear that Andrew had a questionable professional ability in light of the misplaced file or document and is incompetent. Then he find several attorneys to take his case including Joe Miller. But Joe Miller was hesitant to accept the case and initially declined it. It is because Joe was a homophobic and he knew that Andrew had AI DS. But eventually after Joey's doctor told the method of HIVE infection he accepted the case.As the case goes, Becket wanted to win his case not only for his own good but also for the sake of other people who have his terrible disease and who Is also gay or lesbian, because In their place which Is the Philadelphia the people who has this particular disease was being adulterated. Eventually Becket won the case. For me, this film has Important morals to all the people. We must treat each of us equally even that person has a disease or even If his sexual orientation Is different. Us also, here In the Philippines must apply this kind of moral.We must not discriminate people especially those people who are LIGHT. As far as I know here in he Philippines, Lists are dismissed from work or denied promotion because of their gender identity. There are still schools that kick out gay students if they come out. Gays are also discriminated in insurance policies because they are thought to be no to discrimination here in the Philippines. We must respect each of everyone no matter who we are. I hope that someday as soon as this problem is solved, I can freely utter â€Å"l say to you quite frankly that the time for racial and sexual orientation discrimination is over†.

Monday, September 16, 2019

Greek Mythology and Hades Essay

The ancient Greek people wrote stories about characters known as gods in order to explain things in the world. For example, the story of Hades and Persephone explains why plants do not grow in the winter. The story of Hades and Persephone is only one story however, and they are only two gods out of the large number of immortal characters that the Greeks created. Hades is the god of the underworld, goes by many different names, was extremely protective of his posessions, and was married to the beautiful God, Persephone. The Underworld (Image from Medea’s Greek Lair; painting by Kythera Ann) Greek gods have many different names, and different spellings. For example, Greek Gods all have different names they can be called. Hades goes by many names, such as Aides, Lord of the darkness, Pluto, and god of the dead (www. theoi. com). Hades is most commonly known as the god of the underworld, and Aides is another Greek spelling of Hades. Lord of the Darkness is from his most prized posession, his helmet from the Titanomachy war. Pluto is his Roman name. Pluto is the easiest to remember, however I have found that most texts refer to him as Hades. Lord of the Dead is not to be confused with god of death or the devil, as the god of death is called Thanatos, a less popular god (www. helium. com). While Thanatos is a God, I think that Hades is a more important figure in the Greek world. Although, Hades protects things such as funerals and burial ceremonies, Hades is a completely different person than Thanatos. Hades’ Helmet of Darkness (Image from Medea’s Greek Lair) In the time of Greek Gods and Goddesses, there was a ten-year war called the Titanomachy. In addition, to win the war, the Cyclops gave the three brothers special weapons (www. helium. com). Hades was given the Helmet of Darkness; therefore, allowing him to become invisible. This invisibility allowed him to sneak on to enemy territory, which is a nifty ability. After winning the war against the Titans, the brothers were rightfully deemed their regions; Hades won the Underworld (www. helium. com). The Underworld is not depicted as hell in the Christian society, but as an island in the west ocean. However, Hades’ land, the Underworld, was thought of as under Greece as time passed. One of the Greek gods’ favorite activities was to get married. For example, Hades had a wife named Persephone, daughter of Demeter and Zeus. Hades married Persephone after abducting her (www. netplaces. com); sweeping beneath Demeter’s careful eye and stealing her most prized posession. Persephone, in my opinion, is the most beautiful of all the Gods. However, this inconsiderate action is a display of his relentless power. Despite Demeter’s wishes, Persephone stays with Hades during the winter only, and she is returned to her mother for the other eight months of the year (www.netplaces. com). At a time, Persephone was about to leave the Underworld entirely, but she ate pomegranate seeds at a banquet that Hades threw for her, which chained her to the Underworld forever. After eating food from the Underworld, the eater must always be forced to return eventually. With time, Persephone grew to like her husband more and became content with her life. Hades is the powerful God of the Underworld, husband of Persephone and goes by many different names, and is feared by all mortals. Hades is not to be confused with Thatamos, God of Death. He also participated in the Titanomachy, winning the Underworld and his helmet of darkness, Persephone, image by Marta Dahlig which he cherishes even more than his abducted wife, Persephone. Hades is one of the most powerful Gods, right next to Zeus and Poseidon. However, Hades is my favorite God. Works Cited Ann, Kythera. â€Å"Tales of Hades. † Hades. Medea’s Lair of Greek Mythology, n. d. Web. 30 Oct. 2012. . Atsuma, Aaron J. â€Å"HADES : Greek King of the Underworld, God of the Dead ; Mythology ; Pictures : HAIDES, PLUTO. † HADES : Greek King of the Underworld, God of the Dead ; Mythology ; Pictures : HAIDES, PLUTO. Amazon, n. d. Web. 31 Oct. 2012. . Conner, Nancy. â€Å"Classical Mythology. † The Abduction of Persephone. The New York Times Company, n. d. Web. 30 Oct. 2012. . Harry, Tim. â€Å"Greek Mythology: Hades, the God of the Dead. † Helium. Helium, 01 Apr. 2008. Web. 30 Oct. 2012. .

Sunday, September 15, 2019

Criminal Law Study Guide Essay

Murder carries a mandatory sentence of life imprisonment, which is 15 years. Sound memory—the person responsible must not be insane. Age of discretion — a child less than 10 years old is not criminally responsible for his/her actions. Since S. 34 of the Crime and Disorder Act of 1998 the presumption of doli incapax has been abolished and consequently any child over 10 years has potentially full legal capacity. Unlawfully kills — the act must be an unlawful killing. The law recognises that in certain circumstances the killing may be either justified or authorised eg. xecution or self defence. Living human being — a foetus is not deemed in law to be a living human being. However, a murder conviction may be possible if a foetus is injured and, after birth, dies as a result of injuries sustained whilst in the womb. Attorney-General’s Reference (No 3, 1994) 1996. A defendant cannot be convicted of the murder of someone who is already dead at the time of the attack. R v Maicherek and Steel 1981 The accused had seriously wounded the victim who was then artificially maintained on a respirator. When it was discovered that irreversible brain damage had occurred the respirator was turned off M was found guilty of murder and his appeal was dismissed when he claimed the doctor had caused death. It was his act which caused death. The court appeared to favour the approach that death occurs when the victim is brain-dead. Queen’s Peace — killing an enemy during wartime is not murder. Malice aforethought — since the case of R v Moloney the mens rea of murder is the intention to kill or cause grievous bodily harm. ACTUS REUS The actus reus of murder is that the killing is unlawful, causation must be stablished (A caused B’s death) and the victim must be a human being. (see causation notes from AS). MENS REA DIAGRAM MENS REA The mens rea of murder is malice aforethought which is the intention to kill or cause grievous bodily harm (GBH). There are two forms of intent: †¢ Direct intent — this is what D desires, eg. pointing a gun at someone and sh ooting them because you want to kill them. It was their aim or purpose to kill. †¢ Indirect or oblique intent — this is not necessarily what D desires but what he foresees will almost certainly happen, eg. D sets fire to a building and killed someone, did he foresee the risk that death might occur? Four important cases must be looked at. R v Moloney 1985 A soldier shot and killed his stepfather in response to a drunken challenge. He claimed that he had not aimed the gun at the victim and had, at the time, no idea that firing it would cause injury. The judge directed the jury that intention included both desire and foresight of probable consequences and the defendant was convicted of murder. Held (HL) Appeal allowed, manslaughter substituted. Lord Bridge did state that it was possible to intend a result which you do not actually want. He gave the example of a man who is trying to escape, who boards a plane to Manchester. Even though he may have no desire to go to Manchester — he may even hate the place — it is clearly where he intends to go. However, the appeal was allowed because foresight of consequences can only be evidence of intention — it is up to the jury to decide. R v Hancock and Shankland 1986 Two striking miners pushed concrete from a bridge onto a road, killing a taxi driver. They claimed only to intend to block the road or frighten the taxi passenger and not to kill or cause GBH. They were convicted of murder but successfully appealed, a manslaughter conviction was substituted by the Court of Appeal and confirmed by the House of Lords. The House of Lords looked at risk and probability. A slight risk of death is not enough to infer intention: Lord Scarman stated the greater the probability that death or GBH would occur; the more likely that intention can be inferred, eg. if A cut B’s little finger is would not be very probable that death would occur, therefore A is unlikely to have intention. However, if A stabbed B in the chest, it is much more likely that death would result, therefore it is more likely that A had intention. In both cases the defendants were convicted by the juries and appealed, first to the Court of Appeal and then to the House of Lords. In each case the House of Lords quashed the convictions for murder and substituted a verdict of manslaughter. The reason being the trial judges had misdirected the jury. The following case established the Virtual Certainty test which should always be used in indirect intention situations.. R v Nedrick 1986 The defendant set fire to a house, killing a child. He claimed that his intention was to frighten the child’s mother and not to kill or cause GBH. Convicted of murder. Held (CA) Appeal allowed, manslaughter substituted. Where direct intention is not present then the following test should be put to the jury. A jury should return a verdict of murder only where they find that the defendant foresaw death or serious injury as a virtual certain consequence of his or her voluntary actions. R v Woolin 1998 (HL) D shook his 3-month-old son when he choked on his food and then threw him across the room, the child died, D had lied to the ambulance men and the police before admitting what happened. He claimed that he did not want his son to die. He was originally convicted of murder but the House of Lords reduced his conviction to manslaughter. The trial judge had misdirected the jury on the test to infer intention. The case has now confirmed the Nedrick test. It must now always be used when dealing with indirect intent situations. R v Matthew and Alleyne 2003 (CA) The defendants appealed against their conviction for murder following the death of a young man (a non-swimmer) whom they had thrown from a bridge into a river. The Court of Appeal affirmed the conviction, which it did not consider unsafe in the light of the evidence, but expressed concern that the Nedrick/Woollin evidential rule should not be treated as if it were a rule of law. A defendant’s foresight of virtually certain death does not automatically require the jury to find that he intended that result: it is merely evidence from which the jury may draw that conclusion.

Saturday, September 14, 2019

Jack London’s “To Build a Fire” -Analysis Essay

In Jack London’s To Build a Fire the setting of the short story plays a significant role. Jack London uses specific techniques to establish the atmosphere and tone of the story. By introducing his readers to the setting, London prepares them for a tone that is depressed and fear-provoking. Isolated by an environment of frigid weather and doom, the author shows us how the main character of the story is completely unaware of his surroundings. The only world the man is actually accustomed to is the world he has created for himself. Since many of us have never been exposed to such a harsh climate, London’s account that the environment is the determining factor of his survival paints an accurate picture. Anything that the man and his dog come into contact with creates an expectation for disaster in the story. The significance of the words ‘dying and death’ in the story continuously expresses the man’s dwindling warmth and bad luck in his journey along the Yukon trail to meet his friends at camp. London associates dying with the man’s diminishing ability to stay warm in the frigid Alaskan climate. The main characters predicament slowly worsens one level at a time finally resulting in death. London places a strong emphasis on the setting in the introduction to the story. â€Å"Day had broken cold and grey, exceedingly cold and grey†¦Ã¢â‚¬  He repeats these phrases to emphase to the reader the impact the setting has on the lives of the characters. The gloominess of the setting causes the man and his dog to fight a constant battle in a world of depression. Lacking the virtue of imagination, the man is only gifted with his practical knowledge. This ignorance will hamper his ability to adapt to the conditions and stresses surrounding him. Typically the man never wants to deal with reality especially when the reality is unpleasant. â€Å"But all this-the mysterious, far-reaching hairline trail, the absence of sun from the sky, the tremendous cold, and the strangeness of it all- made no impression on the man.† He is able to tolerate the troublesome temperatures and climate he is surrounded by, he never attempts to face monster within him. Facing what he would do if the inevitable were to happen is this mans worst fear. This fear causes the man to become selfish, only focusing on the actions and thoughts that are  pleasurable to him. The man’s ignorance to his surroundings and self-indulgence foreshadows a possible downfall. London provides us with subconscious hints that lead the reader to believe that the man will suffer a tragedy in the end of the story. Only relying on his previous experiences causes the man to be a disadvantage to his dog. A dog by nature is an animal that has the natural gift of instinct. Under these bitter conditions, the dog was capable of survival because of those instincts. The dog follows the man throughout his ill faded journey, but after the man succumbs to the weather, the husky relies upon his instincts to survive. Being placed in this type of environment is the main conflict of the story for both the main character and the dog. Relying only on his judgment, the man can not prepare to prevent a disaster from occurring. London’s constant focus on the how the environment affected the man and his reaction to being unable to survive like his dog gives the reader certain hints. At this point London has already given an insight to the conclusion of the story. The theme of London’s ‘To Build a Fire’ is how we should all take heed to modern knowledge and learned behavior has its benefits, but our primal instincts should never have ignored. The man in the story had lots of knowledge but neglected to pay attention to his ‘sixth sense.’ The dog on the other hand, followed as long as he could but then let his instincts carry him to safety. We can never have enough knowledge to replace the survival skill that nature has provided us. Lured in by the plot of the story the reader keeps on reading, waiting in anticipation of the danger of the climate to overcome the man. â€Å"On the other hand, there was no keen intimacy between the dog and the man. The one was the toil slave of the other, and the only caresses it had ever received were the caresses of the whip lash and of harsh and menacing throat sounds that threatened the whip lash.† Although the dog was obviously anxious, he was unconcerned with the safety of the man. If the man was to come upon serious danger, the dog would not be willing to help him. Not being concerned with anything somewhat inventive, the man put himself in a position to anticipate death. His selfishness and ignorance keeps him in a situation of danger and  disaster. The climax of the story is when the man falls through the ice, wetting himself up to his knees. Preparing himself in advance might have prevented the man’s accident in the water. The man ignorance once again caused him to be unprepared for this kind of situation. The man never took the proper precautions because he never thought of how to cope with a deadly situation. The only help he was given for a similar situation was the advice of an old timer from Sulphur Creek. Viciously, the man attempted to stop his appendages from freezing, but was unsuccessful as the dog watched. London’s portrayal of the man does not initially give the reader the theme of dying, but slowly develops the theme as the story develops. The story doesn’t mention death until the last several pages. The main character changes from an enthusiastic pioneer to a sad and desperate man. The conclusion of the story portrays the man accepting his fate and understands the old-timer at Sulphur Creek had been right; â€Å"no man must travel alone in the Klondike after fifty below.† Using characterization, London is able to present why certain people are alive at the end and how one benefits from being social. The old-timer at Sulfur Creek is alive because he is experienced and wise enough to benefit from others’ experiences that it is not wise to travel alone in the Yukon. The boys at camp are also alive because they are together and can benefit from each other. The man’s husky is alive because it is well-suited for the Yukon environment, while the man is not. Unlike the other characters, London has the man die at the end of the story to illustrate that he dies because of his arrogance in his ability to travel alone. If the man travels with a companion or a companion of equal instinct, he can benefit from him and possibly return safely to camp. In the opening paragraph London presents us with a scene that is gloomy, depressing, and ominous, these elements foreshadow an outcome that will be fatal to our protagonist. Our man has no name, but he does not need one, he could be any man that has bitten off more than he can chew; he does not  considered the consequences of his actions until it is too late. By then there can be no return, he has crossed the line that cannot be uncrossed, because he trusts his intellectual thought process, not paying attention to man’s intuitive thoughts, the instinctual ones that some men consider less valid because they come from the unconscious mind. His unwillingness to contemplate the extreme cold, the barely used trail, his dog’s instincts, reflect the man’s inability to view the whole picture. As London puts it â€Å"the man had no imagination† he thought only to keep moving and stay dry, then he would be fine, however the man in the end could do neither.

Friday, September 13, 2019

Writing Sources of Error + Conclusion for [Hydraulic Lab Report

Writing Sources of Error + Conclusion for [Hydraulic Conductivity].Also, called [Permeability] - Lab Report Example As a consequence, there are a number of ways to produce errors in the test data while performing the hydraulic conductivity test. It is necessary to follow the procedural guidelines as strictly as possible in order to acquire the most accurate outcomes by diminishing error. Hydraulic conductivity or permeability in soils has been recognized as one of the most essential parameters that directs the performance of a mass of civil engineering phenomenon and structures; yet most difficult to predict. Although the field data provides a better representative of hydraulic conductivity of soil as a large variety of sample may be drawn and the results can be considered to have greater representation while the lab data although having the accessibility to test via variety of tests may lack the ability to be a representative of field soil. The coefficient of soil permeability may be thus having a difference in vertical and horizontal directions. So, to be sure in the correctness of the value of coefficient of soil permeability, engineers are needed to expand the testing of soil to the field levels as the lab cannot provide the conditions present in the field (Fetter

Thursday, September 12, 2019

Family Reunion Essay Example | Topics and Well Written Essays - 750 words

Family Reunion - Essay Example Stepping out of the car, I could see many faces, which were familiar, even though I was unable to remember the names so as to match the faces. People were mingling and probably conversing about their daily lives and their kids. Some seemed to be gossiping already. At last, the family reunion was here with us, and whether I looked forward to being here for the next one week or not, I had to get the best out of it. Inside the house, I could notice that all the doors and windows were crystal clear. A smell of fresh bed sheets and chlorine filled the air. Someone had done a commendable job in cleaning. Most of the adults talked between themselves while the children played. By this time, I had not realized that my ancestors were beneficial since I had not paid keen attention when the adults spoke. I had always wondered how my forefathers ended up in this small town in Wisconsin anyway. I decided to engage my grandfather on this topic, and I must admit that I was shocked by what I discover ed. He showed me an old picture of a man who I came to understand was the Czar of Finland, who according to my grandfather is my distant relative. My great grandfather came from Kuvlax, Finland. He was born in 1840. When he was twenty three, the Czar of Russia, Alexander I, appointed him to be the Chief Magistrate of Jacodstad. This was after Russia invaded Finland. Jacobstad used to be the second biggest city in Finland. His appointment was so as to keep the Russian’s and Finish in line. His post was the equivalent of the country’s chief of police. He later got married to a Pasalm University of Sweden graduate. They had four sons all of whom remained in Finland until their father, the Chief Magistrate, died. Poverty forced the four brothers and their mother to immigrate to the United States on September 30th, 1908. The mother and four sons settled in a small town in Wisconsin named Medford. Their house still stands up to date. One of my great uncles jokes that it has not changed any bit, only the paint has. The four brothers remained in Wisconsin state. According to my great aunt, the family experienced a few real hardships in Medford even though they were forced abandon the royal lifestyle for an average lifestyle. To support themselves, the family established a shoe making business. My great-grandfather was a craftsman in this job who retired late during his life. I met him when I was a child and although I barely remember him, he is very significant in my family history, and the same thing applies to the city of Medford, Wisconsin. Medford is not only important to me by being a home to my forefathers, but also the city’s progressive community is something which everyone wants to associate with. During my one week stay, I took my time to tour around the city and learn a few things. The city is an industrial hub within the surrounding communities. Medford provides over six thousand, seven hundred jobs in a community with a population of four thousand, four hundred people. This translates to abundance of jobs for the city residents, a phenomenon which is not common. This family reunion was characterized by late breakfasts early evening dinners or afternoon luncheons. Later in the evening people would listen to music, poetry reading, songs, recitals of history and reminiscing, honorary recognitions, educational achievements and community contributions. The older family members seemed to only highlight the family’

Wednesday, September 11, 2019

Thinking Globally Case Study Example | Topics and Well Written Essays - 500 words

Thinking Globally - Case Study Example Local companies tried to adapt to the problem by trying to send their money abroad to avoid inflation. However, Argentina’s central bank ordered all companies to receive clearance first before engaging in such transactions. For this reason, companies had to wait for several months before receiving authorization. In addition, the government ordered that payments be done in dollars something that also made the companies to pay extra in comparison to the value of the peso. The companies were forced to operate according to the Argentines policies despite entering the country in the 90’s with the wave of the free market. Most of the US companies that were forced to collect their revenues in peso had no otherwise but to submit to the authorities and incur extra costs that were dollar related.In case of rising inflation, the citizens are usually the worst hit. That is because inflation comes with many disadvantages such as loss of jobs. It also becomes very expensive for the c itizens to conduct their daily activities since food products and other services become expensive. Immediately after President Duhalde announced the ties between the peso and the dollar, the economy collapsed and the citizens reacted angrily by attacking politicians, banks, and culminating in protests in the streets over the high cases of inflation. For over a decade Argentina has been amassing debts that it is unable to pay to date. That means that for over a decade now Argentina’s citizens lost their spending power due to inflation.