Police Pursuits Essay Example | Topics and Well Written Essays - 500 words

Police Pursuits - Essay Example It has also come into light Police Pursuit driving is about a thousand times more risk-prone than normal driving, which is why it is being perceived as quite hazardous to both, the public and the police officers, themselves. In Ontario, Canada, a separate law exists for prescribing the code of conduct, as well as the rules and regulations for Police Pursuits. This has been done to get the whole concept of Police Pursuit in the right spirit and to use it as a tool to safeguard the lives of fellow road-users and not vice verse! An instance to support the fact that police pursuits need to be regulated and made safe can be cited at this point. A police officer chased a driver who violated rules, collided into a truck carrying explosives. He, therefore, exposed the lives of numerous fellow travellers to risk, apart from his own life. Such incidents need to be avoided at any cost. Firstly, it is prescribed that police officers need to use sirens and other flash lights to alert the public about the pursuit and to help them avoid danger or collisions of any sort, especially in 'hazardous' pursuits. Secondly, numerous recommendations hav

The Acropolis Essay Example for Free

The Acropolis Essay The Acropolis is the main part of the city of Athens located in 150m above sea level. Since ancient times, art flourished in his part of the city. Temple building had both a symbolic and economic objective. It glorified the gods and the city, which thereby succeeded in overawing the proprietary aristocratic cults that existed in the earlier foundations. In economic terms temple construction meant returning to circulation the money that otherwise would have accumulated in the coffers of the divinities concerned. Acropolis represents a flat-topped rock settled since Neolithic era (6 millennium BC). Further, Mycenaean population settled in this region. In two centuries, Acropolis was occupied by Kylon. For tribes henceforward all looked alike to Athens, set on that plains broad level between the mountains and the sea (Coulton 34). The splendid rock, the famous acropolis, afforded them a strong, capacious citadel; and under the rocks north slope sprang up the nucleus of what later was to be incomparably the largest of Greek towns. Political power was vested in the hands of a landowning aristocracy, the High-born or Eupatrids. From their ranks were yearly chosen the three Archons or executive officials, for civil administration, for religion, and for war. Plutarch, in his life of Pericles wrote of the great Classical buildings on the Acropolis that â€Å"they arose no less towering in their grandeur than inimitable in their grace of form, for the workmen eagerly strove to surpass one another in the beauty of their craftsmanship . . .† (Berve 56). This description shows that Acropolis had a great meaning and significance for Greece.   Acropolis art included literature and sculpture, buildings and painting. The most famous architectural constructions, temples, were located in Acropolis’ slopes. The most important temples were the Parthenon, the Erechtheion, and the Temple of Athena Nike. Temple sacred to Athena Polias’ was built around 6th century BC. There were two temples of Athene, an old and a new. Athenas new temple on the acropolis, and the great Portico which was raised at the entrance to the hill; out of it, too, came the gold and ivory statue of the goddess which stood within the shrine. Such a use of the allies money may seem inexcusable to us; but the ethics of imperialism are never very easy to define. Pericles believed that Athens had a mission to spread artistic culture by such means, and for this reason empire builders too have believed in their own mission and not always in a mission upon so lofty a plane (Berve 67). The temple of Athene had important meaning for Greeks because the climax of the Festival was a procession of ascent to the temple of Athena on the citadel. This temple dated from times long before the tyrant Gelon, there is excellent evidence that he embellished it, adding perhaps the pillars which ran round the shrines exterior, and the sculptured groups of marble figures which adorned its gable-ends. Nor were these the only monuments of his architectural passion (Coulton 76). Peisistratus and his sons rebuilt the Ancient Temple of Athena, with a peristyle of stone. Most unusual is the difference of material in the marble raking cornice, with its hawksbeak bed moulding and a crowning moulding which, though an ovolo, is also painted with a Doric leaf. The sima is likewise of marble, and on the pediments has the ovolo imitated from Corinthian terracotta simas, but on the flanks it retains the old Ionic vertical face with pipe-like spouts at intervals, while the water-spouts carved on the four angle acroterion bases were lion heads at one end, ram heads at the other (Berve 9). For the first time great pedimental groups were carved in marble, and consequently in the round rather than relief, for the technical reason that it was cheaper to construct the tympanium background separately in local limestone; the subjects were, at the east the battle of the gods and giants, and at the rear a combat of animals. The Erechtheum (421-407 BC) was constructed, near the north edge of the Acropolis, in the troubled period after Pericles death when the Peloponnesian War was going badly for Athens and funds were limited. Despite these handicaps, and the extraordinarily difficult architectural problems involved by the necessity of incorporating earlier shrines into the structure, the Erechtheum ranks as the finest of all Greek temples in the Ionic style. It later suffered badly from fires, from adaptation into a Church and then into a Turkish mansion, and from the carrying off of much of its materials for use in medieval and later buildings. This temple had â€Å"porch of maidens† consisted of six female figures as columns (Plommer 34). The greatest temple, the Parthenon (5th century BC) and popular monument, the Propylaea, were in the Dorian style, though they were in many respects different from the Dorian works elsewhere. Leader among the architects was Ictinus, the designer of the Parthenon, Ictinus was assisted in his work on the Parthenon by Callicrates, of whom less is known; and the name of Mnesicles has come down to us as that of the creator of the Propylaea, the Parthenon embrace both Doric and Ionic principles, as well as their distinctive features.   This temple was built on the place of the old temple of Athena. A huge platform of solid limestone masonry 252 feet long and 103 feet wide, attaining at one corner a height of 35 feet above bed rock, â€Å"formed the substructure of the temple; along the south flank it was intended to form a podium rising 7 ½ feet above the graded earth† (Berve 34). Leaving a portion of the platform to form a terrace on all four sides, the three-stepped temple was begun with stylobate dimensions of 77 feet 2 ½ inches by 219 feet 7 ½ inches; the lowest step was of pink Kara limestone, the middle step and stylobate of Pentelic marble. The temple was hexastyle, with sixteen columns on the flanks, all uniformly 6 feet 3 inches in lower diameter except those at the corners, which in accordance with a new system of emphasis were thickened by one-fortieth of the diameter. On the other hand, the archaic practice of reducing the flank spacing was retained. The inner building was tetrastyle prostyle (rather than in-antis) at both ends, the antae being of Ionic form lacking offsets but with base mouldings which were continued along the cella walls (Berve 56). The pronaos gave access to a long cella divided by two rows of interior columns, while through the opisthodomus could be entered what was probably a single large room, the prototype of the west chamber of the Periclean temple (Dinsmoor 48). The chief interest of this temple is that it initiated marble construction in Attica on a large scale, introduced the use of Ionic elements (Ionic frieze which runs around the walls) and the application of delicate refinements in upward curvature and column inclinations, and even contributed much of the material and many of the dimensions for the present Parthenon. When the Persians returned in 480 B.C. they completely destroyed it, the unfinished columns at this time having attained a height of only two to four drums above the stylobate. Also, â€Å"in high relief 92 metopes were carved† (Dinsmoor 48). East and west impediments depict scenes from Greek mythology. â€Å"The metopes of the Parthenon all represented various instances of the struggle between the forces of order and justice, on the one hand, and criminal chaos on the other† (The Parthenon, n.d.).   Pheidias was the maker of the celebrated gold and ivory Athena Parthenos that stood in the Parthenon. There are literary descriptions of this lost statue which inspire us with the belief that the great image was truly free in the Greek sense. There are also, unfortunately, copies of Roman date which can only mislead. When he made the Athena Parthenos in Athens, and later the seated Zeus at Olympia, both of gold and ivory and on the giant scale, he was fulfilling the highest ambition of Greek art which had begun, more than a thousand years before, to make works of ivory and gold (Coulton 74). Under the south-east side of the Acropolis he further planned the building of a magnificent temple to Olympian Zeus. This scheme he never lived to see completed; and before the roof was added, the Athenian people had regained their liberty. The gaunt columns of the arrested work were left simply as they stooda memorial, as it were, of the tyrants frustrated pride and a warning to others who in future days might be tempted to follow in his footsteps (Coulton 73). Similar plans were employed for the earlier temple of   Ã¢â‚¬Å"A† on the Athenian Acropolis. More elaborate was temple A on the Acropolis, with a tetrastyle in-antis faà §ade (Plommer 78-80). In these temples may be seen the characteristic Greek practice of using a different type of anta capital (with the Doric) from that of the column In the entablatures, while the mainland tendency was to leave the metopes uncarved, they were frequently accented by the use of thin slabs of white marble, contrasting with the dark blue or black of the triglyphs and the blues and reds of the taenia below and cornice above. The Hydra gable (belonging to an unknown building on the Acropolis) illustrates the growing Athenian tendency to use sculptured pediments, though here the amount of relief is only 1 inch (Plommer 78-80). Other Athenian temples of this period were the miniature temple E on the Acropolis, unknown as to location (possibly one of three treasuries, including temples B and C, west of the Hecatompedon) though its details obviously imitate those of the Peisistratid temple of Athena, and also its direct antithesis, the huge but frustrated beginning of the great Olympieum by the sons of Peisistratus, abandoned when Hippias was driven into exile in 510 B.C. (Plommer 78-80).. The two lower steps were actually built, as well as the foundations of the second or inner rows of columns, as well as the arrangement of the columns, the outer rows having eight on the fronts and twenty-one on the flanks, with a diameter of 7 feet 11 1/4 inches (Dinsmoor 48). The Acropolis and its temples embodied the best architectural constructions of Ancient Greece. The Acropolis temples represent a architectural importance because of the meticulously detailed representation of a building and unique combination of styles. Works Cited Berve H., Gruben G., Hirmer M. Greek Temples, Theatres and Shrines. Greenwood Press, 1963. Coulton J.J. Greek Architects at Work. Cambridge: Cambridge University Press, 2002. Dinsmoor W.B. The Architecture of Ancient Greece. London: Croom Helm, 1975. The Parthenon n.d. 09 Ma7 2007. http://academic.reed.edu/humanities/110Tech/Parthenon.html Plommer W.H. Ancient and Classical Architecture. Cambridge: Cambridge University Press, 2001.

George Washingtons Views on Slavery Essay -- Slavery Essays

George Washington's Views on Slavery In his writings, George Washington felt very strongly that slavery was an institution that needed to be eliminated from American society. However, there were several circumstances that arose following the American Revolution that would prevent Washington from actively pursuing the elimination of slavery during his lifetime. It is certainly plausible that George Washington's personal economic short-comings, forefront in the setting of conflicting political agendas and the nation's revolutionary climate, prevented this founding father from actively pursuing the nationwide emancipation of slaves. Prior and during the American Revolution, little was written by Washington on his feelings about slavery. In the last year of the war and thereafter, more attention was spent by Washington on the issue of slavery. On February 5, 1783, Washington received a letter from Marquis de Lafayette, whom Washington considered both a friend and a son, that stated, "Let us unite in purchasing a small estate, where we may try the experiment to free the negroes, and use them only as tenants. Such an example as yours might render it a general practice..." (Sparks v.3, p.547). It is doubtful that Lafayette would have proposed this idea unless he knew that Washington had strong views on seeing the elimination of slavery. Washington wrote back to Lafayette on April 5, "The scheme... to encourage the emancipation of the black people of this Country from that state of Bondage in which. they are held, is a striking evidence of the benevolence of your Heart. I shall be happy to join you is so laudable a work..." (Fitzpatrick v.26, p.300). Unfortunately, Washington was still in cha... ...nian in the late 18th century, Washington was truly enlightened on his views of slavery. It is unfortunate that more Southern Americans did not follow Washington's lead, for this issue of slavery would cost us many American lives in another sixty years, and would almost destroy the nation that George Washington had worked so hard at building. Works Cited Carroll, J.A., and M.W. Ashworth. George Washington: A Biography. Vol. 7. New York: Charles Scribner's Sons, 1957. 7 vols. Fitzpatrick, John C., ed. The Writings of George Washington. 39 vols. Washington: United States Government Printing Office, 1933. Freeman, Douglass S. George Washington: A Biography. Vol. 6. New York: Charles Scribner's Sons, 1955. 7 vols. Sparks, Jared. Correspondence of the American Revolution, Letters to Washington. 4 vols. Boston: Little, Brown, and Company, 1853.

History and Literature: Key to Passing the Let Essay

The University with the help of the Institute aims to produce globally competent teachers who are expected to bear its name with pride and from whom it can benefit through academic researches and innovations. This is the reason why strategies and techniques to increase the rate of LET passers are being planned and executed from time to time. Rigid and substantive general, major and professional education courses are formulated in order to attain this goal. Students who pass the required minimum grade and those who pass the battery examinations are the only ones to be retained in the Institution to ensure quality graduates. Passing the LET and becoming a competent education graduate require a great deal of at least everything. It is known to many that teachers are jacks-of-all-trades and basic knowledge of mathematics, science, politics and current events is a determiner to becoming a teacher. Also, these determiners are not worth mentioning without emphasizing the importance of history and literature. Teachers and future teachers are expected to have enough, if not wide, perception, grasp and understanding of literature since literature is a part of a teacher’s daily life. Literature can be used for â€Å"teaching, rebuking, correcting and training† a child, as said by Saul of Tarsus in his second letter to Timothy (3.16). Literature â€Å"fills a much-needed gap† for teachers, according to the twentieth century educator and author of The Greek Drama, Moses Hadas. These gaps which Moses refers to are gray areas that teachers should have much idea about: moral dilemma, relationship issues, attitudinal issues, etc. But since literature makes â€Å"a thousand persons in an individual (C.S. Lewis), it fills the gaps for teachers to have enough to say in their authentic lessons. Teachers and future teachers, aside from being authentic educators, are also expected to have something to say about history. Teaching learners to learn from the mistakes of history is what Huxley (Case of Voluntary Ignorance, 1959) tried to emphasize. History and literature work hand-in-hand. Literature is a product of history and history, a product of literature. Literature helps in the understanding of history and history gives way to the interpretation of literature. Therefore, knowledge of history is the key to understanding literature. It serves as a schema. It acts as a background. Background knowledge is a very important element in the assimilation of new information. It facilitates understanding and thrusts further learning. In any kind of learning, background knowledge is needed in one way or another. Graff mentioned in his book, Professing Literature (2007), that â€Å"literature is history written in a viewpoint† and that â€Å"criticism and history were aspects of a total activity of literary understanding.† Facts stated above are driving forces that push the researchers to determine students’ performance and perception towards their study of Philippine History, Philippine Literature and World History in BSE.

Hancock & film Essay

Hancock is a film starred by Will Smith as Hancock himself. This film separates itself from the rest of the films for it is an unconventional story of a super hero. The media has instilled in its audience that as a superhero, one must be a good role model. He should be, if not perfect at all, at least close to being one. And yet, this film is a story of the superhero who was a drunkard and undisciplined and selfish man. He seemed ordinary. It was hard to somehow believe that he can save lives. That was what was special about this film. It created a new image of a superhero. It showed a different angle on creating a good superhero. It showed that man is capable of becoming a hero, no matter how bad he can become at times. With these differences it had, it was rather right to question if the film was an effective superhero film. The location and the setting of the film were appropriate to its story. It had the view of an everyday and ordinary life of an ordinary man. Since Hancock was not to be considered as the typical superhero, it seemed that he was treated as an ordinary but strong character. His environment emphasized his strength and his goodness. His strength was presented when people around him tried to insult him. This was shown in scenes where he was called an asshole and then he made sure he was able to teach the person who called him with such name a lesson. Nonetheless, he was provided with the attitude of goodness. His environment was filled with criminals and law breakers. It showed that even if Hancock was drunkard, he wanted to make sure that he saved lives and put criminals in jails. The Mise-en-scene of the film was even so effective in aiding the story through out the duration of the film despite the weakness of the storyline. Hancock, as a superhero film, was expected to have low angle shots to show the authority of the protagonist or the superhero. However, there were a number of high angle shots in the film which suggests the authority of the audience. The shots of Hancock were always either close up shots or medium shots. This focuses the film to Hancock himself. It relayed the message to me that Hancock should be closely watched for the story centers around him and I, as an audience, am a part of his environment. With this, there seemed to be something different with the film. It is not just any typical superhero film. It is rather more emotionally attached in the part of the audience, given the high angle shots and the close up and medium shots of the character. This may be a good one, but also, it can be a bad one. Focusing on its bad effect, it lost its capacity to establish the authority and superiority of the lead character, who was supposed to be treated as an ordinary human yet a superhero. The shots were not moderately thorough which resulted to the was confusion in the shots whether he should be an ordinary lead character or the superhero. If the cinematography was good, it should have made it possible for the audience to identify the character’s role with its visual content, even without the dialogues of the film. The editing of the film was fairly clean. However, there were effects which were slightly disorienting or confusing. One example is when Hancock flew with the car of the pursued criminals. The car bumped on buildings but the buildings were broken instead of the car. One would ask the question, ‘How can that be possible? ’ Although it must aslo be considered that this film is a fiction and it should contain improbable scenes. As the audience, my reason for stating that the editing was fairly clean is because it was able to put to visual an ordinary setting. There were clean cuts of the frames. The transition from one scene to another was clear. On the other hand, there were only minimal special effects like the flying of Hancock, the breaking of the buildings, cars and roads. Other than that, there was nothing more to suggest in the editing that Hancock was a superhero film. Moving on to the musical scoring and sound effects, the film was able to have its audio presented well. The musical scoring was appropriate to the scenes where it was played. An example is when Hancock was flying and the song was Get out the Way by Ludacris. There were birds and other things that were blocking him in flying faster to where he was needed. Another example is the scene where Hancock was in jail and Ray and Mary were thinking about him. The background sound was dramatic and it showed the emotions of the character towards each other. The sound effects were in same manner as appropriate as the musical score. The crashing of the cars, the breaking of the buildings, the flying of Hancock, the cheering and booing of the crowd, the flashing of the camera of reporters, and many other sound effects were placed in the proper scenes. Even the small details were given the proper sound effects. Nothing was taken for granted when it came to the audio. The characters’ delivery of their lines was clear which suggests the usage of proper and reliable devices. The volume of the background sounds were also just enough for the audience to get the hold of both the emotion of the character and the setting of the scene. All in all, the sound of the film acted as its soul. And it is but fair that this made the film live justifiably well in its technical sense on music and sound. The most important contributor in this film was its Mise-en-scene. It was well provided and it was very effective in its purpose in identifying the film as a superhero yet, seemingly ordinary world of Hancock. It was a very good establishing point of the story. It was able to tell the story as clearly as possible. Although I must say that the story was not as strong as it should have been and the cinematography lacked a little organization. Still, the Mise-en-scene was able to provide the audience the factors and elements they it needed in order to be well-informed about the film. It provided the proper imagination for the audience to fully grasp what the scriptwriter and the director wanted to convey. The question whether Hancock was an effective superhero film or not, I must answer that it did not have the strongest justification for a yes. The visual of the scenes were good, however the shots and angles were not as good. There seemed to be something missing in the scenes. The sound in the film provided the audience well with aid to the visual but it was not quite enough. The film needed a tighter interconnection of the visual and the audio in the technical aspect so as to deliver the story well. And although the Mise-en-scene and the sounds of the film were independently provided well, it still lacked the spice to say that the film was indeed an effective superhero film.

Free Essays on Give Them A Break

The purpose of this paper is to show the importance of a need for change in the government maternity leave policy. Maternity leave is the  ¡Ã‚ §period of disability ¡Ã‚ ¨ that a woman takes to recovery, usually 4- to 6-weeks (6- to 8-weeks if there is a c-section). (Babycenter) The idea of referring to the time needed to recover as a  ¡Ã‚ §period of disability ¡Ã‚ ¨ should give some idea of the importance of enough time. (Babycenter) Many companies have maternity leave policies that could give them up to a year off, with pay, and guarantee that they would be able to return when they are ready. Other companies allow a very minimal amount of time, no pay, but will be allowed to return because of the protection against discrimination. The problem with these different policies is that women take different amounts of time to heal and there are different situations with every woman. With a set amount of time, this would give all women an equal amount of time to recover and if they did not need all the time, they would be able to return whenever they were better while still receiving a percentage of their incomes. There must be a government-regulated amount of paid time-off that companies and cooperations must allow their female employees who are to give birth or have just given birth. The idea of having a set amount of time and percentage of income for everyone reflects Deborah Stone ¡Ã‚ ¦s idea of equity. (Stone 39) In a Utopian society, there would be complete equality and everyone would be able to take as much time off as they needed, but this is not always true. The problem is, although many other countries are not Utopian societies, the maternity leave policies that they have created are far more generous than that of the United States.  ¡Ã‚ §The United States is still far behind many other countries such as Sweden, which grants more than a year of paid leave to new parents, whether they're mothers or fathers. ¡Ã‚ ¨ (Mortazavi 2000) The Un... Free Essays on Give Them A Break Free Essays on Give Them A Break The purpose of this paper is to show the importance of a need for change in the government maternity leave policy. Maternity leave is the  ¡Ã‚ §period of disability ¡Ã‚ ¨ that a woman takes to recovery, usually 4- to 6-weeks (6- to 8-weeks if there is a c-section). (Babycenter) The idea of referring to the time needed to recover as a  ¡Ã‚ §period of disability ¡Ã‚ ¨ should give some idea of the importance of enough time. (Babycenter) Many companies have maternity leave policies that could give them up to a year off, with pay, and guarantee that they would be able to return when they are ready. Other companies allow a very minimal amount of time, no pay, but will be allowed to return because of the protection against discrimination. The problem with these different policies is that women take different amounts of time to heal and there are different situations with every woman. With a set amount of time, this would give all women an equal amount of time to recover and if they did not need all the time, they would be able to return whenever they were better while still receiving a percentage of their incomes. There must be a government-regulated amount of paid time-off that companies and cooperations must allow their female employees who are to give birth or have just given birth. The idea of having a set amount of time and percentage of income for everyone reflects Deborah Stone ¡Ã‚ ¦s idea of equity. (Stone 39) In a Utopian society, there would be complete equality and everyone would be able to take as much time off as they needed, but this is not always true. The problem is, although many other countries are not Utopian societies, the maternity leave policies that they have created are far more generous than that of the United States.  ¡Ã‚ §The United States is still far behind many other countries such as Sweden, which grants more than a year of paid leave to new parents, whether they're mothers or fathers. ¡Ã‚ ¨ (Mortazavi 2000) The Un...

Electrophoresis Definition and Explanation

Electrophoresis Definition and Explanation Electrophoresis is the term used to describe the motion of particles in a gel or fluid within a relatively uniform electric field. Electrophoresis may be used to separate molecules based on charge,  size, and binding affinity. The technique  is mainly applied to separate and analyze biomolecules, such as DNA, RNA, proteins, nucleic acids, plasmids, and  fragments of these macromolecules. Electrophoresis is one of the techniques used to identify source DNA, as in paternity testing and forensic science. Electrophoresis of anions or negatively charged particles is called anaphoresis. Electrophoresis of cations or positively charged particles is called cataphoresis. Electrophoresis was first observed in 1807 by Ferdinand Frederic Reuss of Moscow State University, who noticed clay particles migrated in water subjected to a continuous electric field. Key Takeaways: Electrophoresis Electrophoresis is a technique used to separate molecules in a gel or fluid using an electric field.The rate and direction of particle movement in the electric field depends on the molecules size and electric charge.Usually electrophoresis is used to separate macromolecules, such as DNA, RNA, or proteins. How Electrophoresis Works In electrophoresis, there are two primary factors that control how quickly a particle can move and in what direction. First, the charge on the sample matters. Negatively charged species are attracted to the positive pole of an electric field, while positively charged species are attracted to the negative end. A neutral species may be ionized if the field is strong enough. Otherwise, it doesnt tend to be affected. The other factor is particle size. Small ions and molecules can move through a gel or liquid much more quickly than larger ones. While a charged particle is attracted to an opposite charge in an electric field, there are other forces that affect how a molecule moves. Friction and the electrostatic retardation force slow the progress of particles through the fluid or gel. In the case of gel electrophoresis, the concentration of the gel can be controlled to determine the pore size of the gel matrix, which influences mobility. A liquid buffer is also present, which controls the pH of the environment. As molecules are pulled through a liquid or gel, the medium heats up. This can denature the molecules as well as affect the rate of movement. The voltage is controlled to try to minimize the time required to separate molecules, while maintaining a good separation and keeping the chemical species intact. Sometimes electrophoresis is performed in a refrigerator to help compensate for the heat. Types of Electrophoresis Electrophoresis encompasses several related analytical techniques. Examples include: affinity electrophoresis - Affinity electrophoresis is a type of electrophoresis in which particles are separated based on complex formation or biospecific interactioncapillary electrophoresis - Capillary electrophoresis is a  type of electrophoresis used to separate ions depending mainly on the atomic radius, charge, and viscosity. As the name suggests, this technique is commonly performed in a glass tube. It yields quick results and a high resolution separation.gel electrophoresis - Gel electrophoresis is a  widely used type of electrophoresis in which molecules are separated by movement through a porous gel under the influence of an electrical field. The two main gel materials are agarose and polyacrylamide. Gel electrophoresis is used to separate nucleic acids (DNA and RNA), nucleic acid fragments, and proteins.immunoelectrophoresis - Immunoelectrophoresis is the general name given to a variety of electrophoretic techniques used to characterize and separate proteins based on their reaction to antibodies. electroblotting - Electroblotting is a technique used to recover nucleic acids or proteins following electrophoresis by transferring them onto a membrane. The polymers polyvinylidene fluoride (PVDF) or nitrocellulose are commonly used. Once the specimen has been recovered, it can be further analyzed using stains or probes. A western blot is one form of electroblotting used to detect specific proteins using artificial antibodies.pulsed-field gel electrophoresis - Pulsed-field electrophoresis is used to separate macromolecules, such as DNA, by periodically changing the direction of the electric field applied to a gel matrix. The reason the electric field is changed is because traditional gel electrophoresis is unable to efficiently separate very large molecules that all tend to migrate together. Changing the direction of the electric field gives the molecules additional directions to travel, so they have a path through the gel. The voltage is generally switched between three directions : one running along the axis of the gel and two at 60 degrees to either side. Although the process takes longer than traditional gel electrophoresis, its better at separating large pieces of DNA. isoelectric focusing - Isoelectric focusing (IEF or electrofocusing) is a form of electrophoresis that separates molecules based on different isoelectric points. IEF is most often performed on proteins because their electrical charge depends on pH.

What Skills Will You Need in the Future

What Skills Will You Need in the Future What Skill Will Be in High Demand in the Future What would your life looked like in ten years? If you had a chance to take a glance into the future, I bet you’d find yourself pushing forward the career of your dreams. Though, constant mechanization of the working process and replacement of the human resources by computers and various automatic systems add fuel to the fire of the world’s panic attack on career opportunities. Before you throw over your laptop and rush to sign up for each and every skill-training courses, such as cuisine or management classes, stop for a second and give it a thought. What if you already have necessary skills to pursue a new career? Knowing how to cook ravioli or making a worthy PowerPoint presentation will definitely come in hand to get some extra income or for your personal boost, it may occur that your degree has already given you the skills and abilities you need to possess. The Atlantic has published a report highlighting the six most crucial features driving the labor opportunity market of 2025. The growth in impact of the digital world, the ability to examine big data and interpret it, figuring out an applied aspect and cross-world interactions are outlined as the engine of progress of the employment criteria in the future. Technical Thinking: Do We Understand the Numbers? The technological progress is now flourishing faster than we could ever imagine, providing the humanity with outstanding accomplishments in all fields of science and everyday life, heading to the apogee of the engineering thought. Though, computers provide us with great amount of data, the understanding of what the given numbers mean and their interpretation leaves much more work to complete. The ability to analyze the information and numbers will remain in priority. Social Intelligence and Cross-world Collaboration The same way a small group project or any team work require decent directing and managing skills, larger and broader companies and institutions have a strong need in administrating and supporting the international collaboration and keeping the world web interactions in sustainable order. Flexibility and Quickness of Thinking The basic marketing approaches will be always in demand as long as there are products and customers. Though, analyzing the target audience and keeping track of novelties and mainstreams in the society will not remain the only resources for marketing departments. In order to be on top, the ability to get ahead of other players is absolutely crucial. The speed rate of the decision-making and awareness of the significance of the presentation to the investors and shareholders will determine the level of success of your work. Working with a market implies a great deal of ingenuity. A Mindful Design Process There’s a big variety of development techniques for successful project management. Obtaining at least a couple of such techniques in your arsenal will lead ahead in managing any working processes. Understanding the software development life cycle is a great ability the employers are already looking for in their employees.

Week 5 Assignment Example | Topics and Well Written Essays - 250 words - 1

Week 5 - Assignment Example Next, evaluate which changes will lead to direct improvement and which among those changes could be chosen for implementation. Once this is established the cycle that will henceforth surround the improvement procedure will be; act, do, plan, and study. These steps define the earlier identified baselines. Team formation requires inclusion of the people vital to realize the improvement though they may vary in size or composition built for specific needs. Setting aims must be time specific and relevant to the desired improvement which in this case is my semester projects. The measures established will be quantitative determining defining whether a certain change will lead to improvement. Change selection is born from the insights of creative thinking of the involved persons in the project. One can also borrow from experience of those who have succeeded prior to this. These changes will be tested by the cycle identified to study their viability using the four steps; act, do, plan and study cycle. From here, I will be in a position to learn from each test whilst refining the changes as the team assists in broader scale implementation. Once is successfully implement all this in my semester project, I will be in a better position to polish all the entities that define success to the

History Essay Example | Topics and Well Written Essays - 500 words - 78

History - Essay Example This year is considered unique because people started to rebel over very little issues. All the people had the same capacity to desire to rebel and it was something that had not been planned or organized. The issue rebel wasantipathy for authoritarianism and a sense of estranged from the established order. According Kurlansky this is the year television was shaping most of the events apart from reporting of events all around then whole world. This is the time public demonstrationswere being presented†¦ for television. It is very few people were that were needed to fill the frame of a TV camera .It happens that Martin Luther king together with his media understanding brothers had got the message first and demonstrations had become a common events on American campus by 1968.Mingle the worry of the cold war. Horror against the men that were old in power and the crippled society that sustained them, fundamental distaste to the Vietnamese conflict, and someone had a cocktail of reque sts ready mixed .People met through the television viewing picture of each other on the screen. There was no established relationship between each other but there was a relationshipwith what their imagination gave from viewing pictures of each other. The action of cameras and lights made young people to have moods; some people ended up to pave stones lunged at an established order too foolish to convert the other side. Bobby Kennedy already saw his followers sliding when he died. This made everyone to believe that Bobby Kennedy could not have won. On 4th April 1968 after Martin Luther King was killed howlers started in the areas of black inhabitants all across the America. Unlike in inidianapolls where there was a lot of peace, may be in some parts because another national leader who was respected by the blacks was in the city the day of riots. On 4th April 1968 Bobby Kennedy decided to speak and he called a meeting and informed the people that he had bad

How music can shift social structure Dissertation - 1

How music can shift social structure - Dissertation Example A prominent example in this case is that of the Bluegrass music from the USA which is an amalgamation of Irish, African American, Scottish and German instruments and singing (Anon., 2005). Music and society both affect each other and at times it becomes difficult to find out which influences most on the other (Annon, 2005). Music not only reflects culture but it also shapes the culture. It has a tremendous amount of power in it. It can lift the spirits of the people and make them realize their connection with the Absolute power of God (Hammond, 2003). The aim of this paper is to examine how music can shape up a war torn or turbulent society in a positive manner. For the purpose of convenience I shall divide the paper into several parts. Part one will be based on the introduction of the topic. Part 2 will discuss the power of music to make peace; part three will discuss the theoretical aspect of the healing power of music. Part four will discuss the passage of music into the body and how it can be beneficial for the healer and the person being healed. Part five will discuss the practical implementation of the theory and its results on the society. For this research paper journal articles, books and authentic websites have been explored. Towards the end the conclusion will discuss the need of music in the current world affairs to maintain peace and harmony in the world. Music can be used as a tool to change the state of a person’s mind by manipulating their emotions. Music is considered to be a universal language that can transmit emotions and ideas across boundaries. A politician or a scientist making a speech will probably not make an impression on the masses as compared to a simple road side musician. People can long remember the words of a song than that of a speech of a politician.

INTERNSHIP PORTFOLIO Thesis Example | Topics and Well Written Essays - 2500 words

INTERNSHIP PORTFOLIO - Thesis Example There is a high level of turnover for subordinate positions that is caused by the frustrations that come from a non-horizontal structure with more job autonomy. Academic learning provided insight into the psychological mechanisms that drive employee behaviour and needs related to the work environment. This formal learning helped me to understand why some people in the workplace are more motivated and why others tend to be less productive. Gambrel & Cianci (2003) identify that employees have a need for affiliation and recognition from peers and from supervisors. Once these have been satisfied and there is a more team-based environment, employees can build on their self-confidence, and feel as though they are having a useful impact on their job environment as an element of power and control (Gambrel & Cianci). Personal notations taken throughout the course of the internship at ATF Bank indicated that there was not a unified and harmonious culture of belonging at this organisation with no structured (formal) or informal policies about group working and creating a culture of quality and interpersonal communication development. ... Many of the managers at the organisation were expatriate leaders send from France, the United States, and also Egypt because of their specialized knowledge in human resources and overall global finance. Many people from Kazakhstan had difficulty working with these cultures due to their social and management principles. For example, academic learning provided knowledge on Hofstede’s Cultural Dimensions framework that gives a very basic breakdown of different cultural values across the world. Blodgett, Bakir & Rose (2008) offers that collectivists have a strong value for group welfare and expect group loyalty as part of a larger family unit. In opposite accord, individualists value self-expression and want to work independently from others (Blodgett, et al.). Because of these differences between the foreign managers and those in the host country, coupled with no organisational structure that allowed for innovation and recognition, developing team-based systems and gaining peer s upport was next to impossible. A self-assessment profile, the Myer-Briggs inventory, gave me a strong inclination toward extroversion above all other principles on the scoring instrument. Churchill & Bayne (1998) describe extroversion as the ability to work well with others and able to focus with comfort on the external social world; a more interactive person. This fits well with my self-report on personality as I have always been a person that takes a visible leadership position when in social and work groups. This is why the need to negotiate conflict and understand cultural principles for foreign workers was so critical, since these skills are necessary for success in business and in a leadership role and

Applying principles of stakeholder management to analyse Essay

Applying principles of stakeholder management to analyse organisational practice - Essay Example Based on the first principle of Clarkson’s principles of stakeholder management, managers are obliged to acknowledge and monitor the personal concerns of all Facebook’s legitimate stakeholders. Specifically in the case of the general public, it becomes the sole responsibility of the company to protect the privacy and security of its active and inactive users. Upon analyzing the organizational practices of Facebook, this study will not only apply Clarkson’s first principle of stakeholder management to the case of Facebook but also identify and provide concrete evidences on how Facebook continuously violates the main concern of its valuable users. Contextualization of the Issue As a social networking company, Facebook is earning its profit out of its advertising gains. Aside from its advertising business, the company is also earning large sum of revenues out of selling virtual goods like US$1 in exchange for Facebook’s electronic and personalized greeting ca rd, etc. It means that the more active users Facebook could gather each year, the company’s ability to earn more from its investment value increases. Considering the fact that the business model of Facebook is to indirectly earn revenues from its active subscribers, Swartz (2010) revealed that Facebook is not focus on protecting the privacy of its valuable users. ... Furthermore, the use of koobface, malware, and botnet increases the risk wherein Facebook users are at risk of other forms of computer viruses, adware, worms, spyware, crimeware, Trojan, and scareware among others (Damballa, 2010; Skoudis & Zeltser, 2004, p. 2). Since Facebook encourages its users to share their personal date to the public, its valuable users become at risk of becoming a victim of these computer viruses (Sizemore, 2010; Swartz, 2010). Aside from the risk of computer viruses, it is safe to conclude that the private information gathered by this particular social networking site are most likely being use to assist its advertisers in search for a more accurate target market. Without the knowledge of the active Facebook users, advertisers and sellers of various products and services are able to enjoy the benefit of learning more about another person’s online behaviour and personal preferences (Swartz, 2010). In worst cases, Facebook users can be at risk of becoming a victim of cybercrimes like cyber bullying or cyber terrorism (Donahue, 2010) or even increases the risk for security data breeches (Sizemore, 2010). Since there are a lot of negative consequences associated with the use of Facebook, there is a growing scrutiny about Facebook users’ privacy and security. The issue behind Facebook users’ privacy and security is an on-going concern of many people. In fact, Mui (2011) revealed that Facebook is now being considered as a â€Å"worldwide photo identification database†. For these reasons, countries like China, Iran, North Korea, Pakistan, Syria, Vietman, and Uzbekistan has already banned the use of this particular social networking site (Cooper, 2010;

INTERNSHIP PORTFOLIO Thesis Example | Topics and Well Written Essays - 2500 words

INTERNSHIP PORTFOLIO - Thesis Example There is a high level of turnover for subordinate positions that is caused by the frustrations that come from a non-horizontal structure with more job autonomy. Academic learning provided insight into the psychological mechanisms that drive employee behaviour and needs related to the work environment. This formal learning helped me to understand why some people in the workplace are more motivated and why others tend to be less productive. Gambrel & Cianci (2003) identify that employees have a need for affiliation and recognition from peers and from supervisors. Once these have been satisfied and there is a more team-based environment, employees can build on their self-confidence, and feel as though they are having a useful impact on their job environment as an element of power and control (Gambrel & Cianci). Personal notations taken throughout the course of the internship at ATF Bank indicated that there was not a unified and harmonious culture of belonging at this organisation with no structured (formal) or informal policies about group working and creating a culture of quality and interpersonal communication development. ... Many of the managers at the organisation were expatriate leaders send from France, the United States, and also Egypt because of their specialized knowledge in human resources and overall global finance. Many people from Kazakhstan had difficulty working with these cultures due to their social and management principles. For example, academic learning provided knowledge on Hofstede’s Cultural Dimensions framework that gives a very basic breakdown of different cultural values across the world. Blodgett, Bakir & Rose (2008) offers that collectivists have a strong value for group welfare and expect group loyalty as part of a larger family unit. In opposite accord, individualists value self-expression and want to work independently from others (Blodgett, et al.). Because of these differences between the foreign managers and those in the host country, coupled with no organisational structure that allowed for innovation and recognition, developing team-based systems and gaining peer s upport was next to impossible. A self-assessment profile, the Myer-Briggs inventory, gave me a strong inclination toward extroversion above all other principles on the scoring instrument. Churchill & Bayne (1998) describe extroversion as the ability to work well with others and able to focus with comfort on the external social world; a more interactive person. This fits well with my self-report on personality as I have always been a person that takes a visible leadership position when in social and work groups. This is why the need to negotiate conflict and understand cultural principles for foreign workers was so critical, since these skills are necessary for success in business and in a leadership role and

Amazon.coms E-Business Model Term Paper Example | Topics and Well Written Essays - 750 words

Amazon.coms E-Business Model - Term Paper Example However they soon diversified their portfolio and ventured into selling DVDS, CDs, and MP3 downloads software’s, games, electronics, food, toys, furniture and apparel. They started spreading out from United States and established bases in Canada, the United Kingdom, Germany, France, Japan and China. Amazon’s growth and diversification of business into different genres helped it boost its sales. It made inroads into different products and excelled at it, simply by virtue of its branding. The growth and diversification strategy pursued by Amazon created more customers for Amazon and with that its revenues also shot up. On the cons end, Amazon’s growth created more expenses by expanding so rapidly in different genres. Its distribution costs also rose up in the process. I feel that Amazon could have taken a gradual evolution into expansion, starting from U.S then following up in other North American and South American countries before disembarking to Asian and European countries. This would have ensured a slowly and steady growth and expansion across the borders and kept the expenses in check. 2. Determine the impact if Amazon.com had split up and become a family of brands (for example, â€Å"Amazon† for books, â€Å"Super toys† for toys, etc.), each with a different public face but all run by the same parent company. Splitting up into a family of brands would not have worked for Amazon. This is because, Amazon the brand attracted people and it was this branding loyalty which later translated into sales and revenues for them. Splitting up into a family of brands would have also risen up its costs, something that Amazon would not want to risk given the fact that its competitive edge is built on its low costs. Under its cost leadership strategy Amazon has stood out by offering rock-bottom prices. It provides good quality products at low prices. Its prices can’t be matched by its competitors. This makes it an obvious choice

The Jewish Diaspora and Israel Essay Example for Free

The Jewish Diaspora and Israel Essay The Merriam-Webster online dictionary defines Diaspora as a â€Å"movement, migration of a people away from an established or ancestral homeland† . The term originally applied to Jewish people, who since biblical times have had been expelled from their ‘Promised Land’, the area that encompasses most of present day state of Israel. After independence in 1948, Israeli authorities declared a policy of homecoming for all Jews in ‘exile’. However, many in the Jewish Diasporas chose stay back in their host countries. This essay examines the complexities of interaction between the Jewish Diaspora and its Homeland through the works of Fullilove, Cohen, Sheffer and Shapira. Out of the 13. 8 million Jews, 7. 8 million stay in Diasporas . These are scattered across the U. S, France, Canada, Russia, UK, Australia, Germany, Brazil, Ukraine and South Africa. Most Jews in North Africa and Muslim countries have disappeared. The upward mobility of the Diaspora across the globe has played an important role in their interaction with the state of Israel. While the sentiments of the elder members of the Jewish Diaspora remain strong, the younger Jews under the age of 35 are distancing themselves from their Jewish homeland . They have a more unbiased view of Jewish affairs and in the recent Israeli-Palestine conflict, voiced dissenting opinions on the conduct of the Jewish state and its treatment of the Palestinian Arabs. Organizations such as the Independent Jewish Voices in the UK are one such organization that provides a contrarian view. Israeli Diaspora, according to Cohen comprises of those Jews who migrated out of Israel to other parts of the world. Jewish Diaspora refers to the Jews who were already settled in ‘exile’ from ancient times . The Jewish Diaspora having lived in their host countries for centuries have developed a more inclusive ethos than the newly migrating Jews ex-Israel. The Israeli Diaspora tends to be more conservative and the Diasporic Jews have often labeled the Israeli Diaspora as â€Å"loud, blunt and rude† . The main reason for the Jews to leave Israel has been to find better economic opportunities abroad . The constant stress and compulsory military service were other reasons cited by Jews to leave Israel . Yet others opted to emigrate to pursue higher education. Middle East or African origin Jews chose to leave Israel because of racial discrimination by the white Jewry. The Diaspora has a high rate of self-employment and does very well in financial and business sectors . Jews in Canada have very little affiliation to Jewish orthodoxy and tend to carry a negative image towards organized religion . Jews that migrate from Israel tend to carry their cultural heritage rather than religious identities. As a result, the Israeli Diaspora has a different cultural-religious orientation than the Jewish Diaspora, which becomes yet another point of discordance between the two communities. Second and third generation progeny of the Israeli Diaspora are losing their ‘Israeliness’ that is being replaced with ‘Jewishness’ . Sheffer argues that the relations of the state of Israel with their Diaspora are a unique phenomenon in its breadth and scope of interaction as compared to other ethno-national Diasporas. A large number of Jews no longer consider themselves to be exiles in their host nations . So, now there is no longer an urgency to return to their homeland. Part of this change of heart has been the growing realization that the Israeli state has understood the importance of the existence of the Diaspora in other countries and has made special efforts to engage with them at the governmental level. Thus two major Zionist ideas; return to Israel and negation of exile are no longer being propagated by the Israeli political establishment . The growing acceptance of their national status in their host nations is also a fallout of the weakening of communal ideologies in host nations which now allows the Jews a more inclusive social assimilation . Globalization and liberalization are now making it possible for the Jewish Diaspora to migrate to other host nations instead of the traditional aliyah or homecoming to Israel. In the present day, the transformation in relationship between the Israeli state and its Diaspora would require a redefinition of what constitutes Jewish identity and how to manage the State-Diasporic relationship . According to Shapira, while the Jewish Diaspora has fared well in the developed world, their brethren in the developing world have had no such socio-economic success. Coming from the lower socio-economic strata also limited the influence and adaptability of these Jews in their adopted homelands, which also affected their assimilation on return to their homeland. â€Å"Every wave of emigration produced a perceived dilution of the native Israeli identity that led to tension between the locals and the emigrants forcing a halt to immigration from time to time to allow for assimilation. On the opposite end of the spectrum are Jews who are leaving Israel for a variety of reasons. Some find the conflict in the Middle East and the daily threat to their lives too stressful. Others leave Israel for personal ideological reasons. This lot believes that the Israeli state puts too much premium on the Jewish religion as the core national value and wish to migrate to more inclusive locales. The out-group Jews have lesser attachment for Jewish causes in their adopted lands but nonetheless, the government of Israel realizes their importance in shaping international perceptions and keeps them engaged through their Ministry for Diaspora Affairs as well as Track II organizations. In the developed world, the Diaspora has achieved positions of affluence and influence. In the developing world they have remained at the lower end of the socio-economic strata, which has been the main driver for these communities to exercise their right to return to their Jewish homeland. The younger generation of Diaspora below the age of 35 has a lesser attachment to their homeland. Some have even raised contrarian views to question the conduct of the Israeli state in resolving the Palestinian issue. Others have opted to migrate out from Israel for a number of reasons such as better economic options, religious reasons or to escape from physical insecurity. Whatever be the varied contours of interaction of the Diaspora with the State of Israel, there is no denying the fact that the Jewish Diaspora is the most powerful and well organized community on which the homeland has great dependence. Bibliography Cohen, Rina. Israeli Diaspora. In Encyclopedia of Diasporas, by Springer Link, 136-143. NY: Springer US, 2005. Fullilove, Michael. Diasporas and The International System. Double Bay, Australia: Longueville Media, 2008. Merriam-Webster. Diaspora. 2009. http://www. merriam-webster. com/dictionary/diaspora (accessed 17 May, 2009). Shapira, Anita. Israeli Identity in Transition. Westport: Praeger Publishers, 2004. Sheffer, Gabriel. Is the Jewish Diaspora Unique? Refl ections on the Diaspora’s Current Situation. Israel Studies, volume 10, number 1 1-35.

Indias Foreign Exchange System: An Analysis

Indias Foreign Exchange System: An Analysis CHAPTER-2 LITERATURE REVIEW 2.1 Introduction: It is a fact that the currencies of different countries have different values that is based upon their actual economic and monetary strength. It is from this difference that the genesis of foreign exchange occurs. Foreign exchange can be termed as the act of matching the different values of the goods and services that is involved in the international business transaction process in order to attain the exact value that is to be transferred between the parties of an international trading transaction in monetary terms. Foreign exchange as an activity had started the day civilization and independent principalities got established in the world. But in those days it was a case of exchanging value in the form of transfer of goods and services of identical value that is commonly identified with barter system. Moreover the transactions were done on a one-to-one basis, and the terms and conditions were determined by the parties entering into such transactions. There was no universal system or rule that determined these transactions. In that way foreign exchange and international monetary system is a modern day trend that gained an institutional form in the first half of the twentieth century and has been developing since then. 2.2 Foreign Exchange: According to International Monetary Fund (IMF), Foreign Exchange is defined as different forms of financial instruments like foreign currency notes, deposits held in foreign banks, debt obligations of foreign banks and foreign governments, monetary gold and Special Drawing Rights (SDR) that are resorted to make payments in lieu of business transactions that is done by two business entities or otherwise, of nations that have currencies having different inherent monetary value (www.imf.org). Leading economist Lipsey Richard G.,1993 has mentioned that the foreign exchange transactions are basically a form of negotiable instrument that are resorted to deliver the cost of goods and services that form a part of trading transactions and otherwise, between business and public entities of nations of the global economy. Sarno, Taylor and Frankel, 2003 gives the definition of foreign exchange as denoting the act of purchase and sale of currencies of different economies that is performed over the counter for various purposes that includes international payments and deliverance of cost of various business transactions, where the value is usually measured by tallying the value of the currencies involved in the foreign exchange transaction with that of the value of U.S. Dollar. According to Clark and Ghosh 2004, Foreign Exchange denotes transactions in international currency i.e. currencies of different economies. In such transactions the value of a currency of one country is tallied and exchanged with similar value of the currency of the country in order to exchange the cost of a business transaction or public monetary transfer that is taking place between two entities of these economies. 2.2.1 Foreign Exchange Transactions: Transactions in foreign exchange are done through various types and various modes between different countries of the world. According to information mentioned in the Reuters Financial Training Series, 1999,TOD Transactions, TOM Transactions, Swap Rates, Spot Rates, Forward Rates, Margin Trading and Buy / Sell on Fixed Rates foreign exchange transaction methods are some of the commonly used methods that are widely used by global managers for their foreign exchange transaction activities. 2.2.1.1 TOD Operations: TOD Operations are foreign exchange transaction methods where the trader uses the exchange rate of the day on which the foreign exchange transaction order is to be executed. In other words TOP operations are commonly used in intra-day foreign exchange transactions. As a result they are commonly resorted to by speculators in foreign exchange transactions and those who general speculate on the rates of different foreign exchange markets of the globe. 2.2.1.2 TOM Operations: In this type of transactions the transaction process carried forward to the next day instead of it being an intra-day trading. TOM transactions rate is fixed on the day the transaction is signed, but the rate of exchange is agreed upon to be that of the next day. 2.2.1.3 SPOTTransactions: SPOT Transactions can be compared with TOM transactions because here also the exchange rate is fixed at a value that prevails over the exchange rate of intra-day trading of shares. But SPOT transactions have been separated as a different category because unlike TOM transactions, SPOT transactions contracts are executed on the third day after the signing of agreement between the Bank and the client. 2.2.1.4 Forward Contract: Forward contracts are those exchange rate contracts where the currency conversion exchange rate agreement is decided at a certain rate at a time that is well before the date of execution of the exchange contract. In that way they are similar to TOM transactions. The only differ from them in the fact that these transactions are made for a long term i.e. generally for one year, and the parties involved in making this foreign exchange transaction deposit five percent of the contract value with the bank involved in facilitating the transaction at the time of executing the contract which is then returned to the client after execution of the exchange transaction. The need for depositing this amount is to secure the transaction against any loss due to market fluctuations. 2.2.1.5 SWAP: The greatest advantage of SWAP transactions is that the clients involved in the foreign exchange get prior information about the exchange rate of the currencies that are part of the transaction. In this type of transaction the bank first buys the amount of transaction form the client and resells it to the client after a few days after disclosing the exchange rate of the currencies involved in the transaction process. SWAP transactions are much sought after by traders because here they get to know beforehand the exchange rate of the currencies involved in the transaction process that helps them in avoiding fluctuations in market rate and gives them the advantage of determining the prices of goods, the nature of the currency market notwithstanding. . 2.2.1.6 MarginTrading: The key element of Margin trading is that any trader can opt for SPOT trading round the clock by going through the margin trading mode. The other key element of margin trading is that the traders can make deals with a minimal spread for a huge amount of funds by projecting fraction of the needed amount. In that way it is a unique form of global financial transaction where the threshold value that can be transacted through the margin trading mode is $ 100000 with bigger deals being multiples of $ 100000. But in order to deal in margin trading the trader has to make a security deposit of five recent of the contract value that has to be replenished from time to time in order to maintain the amount from which the probable losses from margin trading transactions are accommodated. 2.2.1.7 Buying/Selling on Fixed Rate Order: This is a mutual agreement between the buyer and seller of foreign exchange. Neither its rate nor its other terms and conditions are based upon actual conditions. Rather the deal is based keeping the mutual profitability of the buyer and seller intact where both of them get their desired amount. 2.3 Global Foreign Exchange Market: According to the table depicting the Triennial Bank Survey of Foreign Exchange and Derivatives Market Activity done by Bank for International Settlements (BIS)2007, as shown below the global foreign exchange market has an average daily turnover of over $ 2 trillion, which is an increase of around forty percent in terms of volumes . This rise in foreign exchange transactions it is observed has been due to rise in the volume of trading in Spot and Forward markets. This is indicative towards increase in volatility of foreign exchange markets around the world. (www.bis.org). Global Foreign Exchange Market Turnover Daily averages in April, (in billions $) Year 1989 1992 1995 1998 2001 2004 Spot Transactions 317 394 494 568 387 621 Outright Forwards 27 58 97 128 131 208 Swaps in Foreign Exchange 190 324 546 734 656 944 Gaps in Reporting (Estimated) 56 44 53 60 26 107 Total Turnover (Traditional) 590 820 1,190 1,490 1,200 1,880 Memo: Turnover (At April 2004 Exchange Rates) 650 840 1,120 1,590 1,380 1,880 (BIS Triennial Central Bank Survey, 2004) As observed by Jacque Laurent L.1996, Studies in foreign exchange point to the fact that the volume involved in foreign exchange transactions in the total markets around the globe has the potential to affect the overall functioning of the global financial system due to the systematic risks that are part and parcel of the foreign exchange transaction system. Most of the transactions occur in the major markets of the world with the London Exchange followed by New York and Tokyo Stock Exchange accounting for over sixty percent of the foreign exchange transactions done around the globe. Among these transactions the largest share is carried out by banks and financial institutions followed by other business transactions i.e. exchange of value for goods and services as well as dealers involved in securities and financial market transactions. According to the studies by Levi Maurice D., 2005, in foreign exchange transactions most of the transactions happen in the spot market in the realm of OTC derivative contracts. This is followed by hedging and forward contracts that are done in large numbers. The central banks of different countries of the world and the financial institutions operating in multiple markets are the main players that operate in the foreign exchange market and provide the risk exchange control mechanism to the players of the exchange market and the system where around $ 3 trillion amount of money is transacted in 300000 exchanges located around the globe. The largest amount of transactions takes place in the spot rate and that too in the liquidity market. The quotation on price in these markets sometimes reaches to around two thousand times in a single day with the maximum quotations being done in Dollar and Deutschemark with the rates fluctuating every two to three minutes with the volume of transaction for a dealer in foreign exchange i.e. both individual and companies going to the range of $ 500 million in normal times. In recent years the derivativ e market is also gaining popularity in OTC dealings with regards to the foreign exchange market. 2.4 Global Foreign Exchange Market Management Risks: According to the researcher Kim S. H., 2005, Foreign exchange transactions are identified by their connection with some financial transactions occurring in some overseas market or markets. But this interconnectivity does not affect the inherent value of the currency of the country which is determined by the economic strength of that country. This means that the inherent value of each currency of the world is different and unequal. So when the need arises to exchange the value of some goods or service between countries engaged in such activity it becomes imperative to exchange the exact value of goods and services. Considering the complexity and volume of such trading and exchange activity occurring in the global market between countries it is but natural that the currencies of individual countries is subject to continual readjustment of value with the currency with which its value has to be exchanged. This gives rise to the importance of foreign exchange transactions as a separate ar ea of study and thereby needs much focus for its understanding (Frenkel , Hommel and Rudolf , 2005). In addition to this it is to be realized that with the growing pace globalization and integration of global economic order there has been a tremendous increase in international business transactions and closer integration of economic systems of countries around the world especially between the members of WTO, that has led to the increase in economic transactions and consequent activity in international foreign currency exchange system (Adams, Mathieson and Schinasi, 1998). Added to this is the fact that the exchange value of currencies in the transactions is not determined by the respective countries but by the interplay of value of the currencies engaged in an international foreign exchange transaction and the overall value of each currency in the transaction prevailing at that time. In fact each country in the global economic order would want to determine the value of its currency to its maximum advantage, which was possible a few years ago in when the countries used to determine the value of their currency according to the existing value of their economy. The individual countries till the early nineties used to follow a policy of total or partial control over the exchange value of their currency in the global market. At the same time there also were a group of countries that followed the policy or system in determining the exchange value of their currency i.e. left it to the interplay of global economic activity where the value was determined by its economic performance. The currencies of countries that provide full or partial amount of control in the international exchange value of its currency are known to follow a Fixed Rate whereas the currencies of countries that allow its currency to seek its inherent value through its performance in the global economic system are termed as following the Floating Rate of foreign exchange conversion mechanism. Though lo gically both the type of mechanism of foreign exchange face the effect of exchange rate fluctuations and consequent volatility in rate it is the currencies having a floating rate that are continually affected by the fluctuations in exchange rate in the global market when in the case of currencies with a fixed rate it is more of a controlled and regulated affair (Chorafas Dimitris N., 1992). 2.5 Foreign Exchange Risks Prevailing in the Global Market: Risks related to the exchange rate of a currency in the global market as has been mentioned, occurs due to the interplay of inherent value of each currency of the respective countries that are part of the global financial mechanism. Risks related to foreign exchange come into picture and are also inevitable in this world marching towards increased interaction due to globalization. The risks will occur due to business interaction and consequent exchange of value for goods and services. According to Kodres LauraE., 1996, the risks related to foreign exchange occur when there is increased interaction between the currency of a country with that of other countries in the international market and that too if the currency has a floating exchange rate. In that case the value of the currency is continually affected by its business and financial performance. This relation with other currencies in the market affects it during the time when the need arises to exchange it with another currency for settlement of financial transaction in some business or financial purposes and gives rise to various types of risks. The prominent risks associated during this situation are Herstatt Risk, and Liquidity Risk. 2.5.1 Herstatt Risk: Herstatt risk is a risk that is named after a German Bank that got liquidated by the German Government in the seventies of the last century and made to return all; the claims accruing to its customers. This is because its creditworthiness was affected and it could not pay the settlement claims to its customers and also on behalf of its customers to their clients. It is basically connected to the time aspect of foreign exchange value claim settlements in which the foreign exchange transactions do not get realized as the bank loses its ability to honour the transaction in the intervening period due to some causes. In the particular case the German bank failed to honour the financial settlement claims of its clients to their counter parties that were to be paid in values of U.S Dollars. The main issues that arose were regarding quantifying the amount to be delivered and the time of the transaction process due to the two countries financial systems being located and working according to different or separate time zones. This case has established a phenomenon in foreign exchange market where there may erupt situations in which the working hours of banks located in different time zones may never match with each other leading to foreign exchange settlement transactions getting affected during the mismatch of the two banks closing and opening time. In fact the Alsopp Report that studied this phenomenon in detail said that though the foreign exchange transactions are made in pen and paper on a single day the actual transfer of value takes place within three to four days. And with the exchange value of currencies operating in the international market always remaining in a state of flux they either get jacked up or devalued. In either case it affects the clause of transactions that was decided on an intra-day rate, as the value of both the currencies in the international market has changed during these days. 2.5.2 Risks related to Liquidity: There can crop up different problems related to the banking systems operations and dynamics i.e. in both technical and management systems as well as inability in terms of volume of available liquidity strength or in mismatch in tallying of time etc; that can affect the capacity of banks to honour foreign exchange transactions in terms of transfer of liquidity. These types of risks are being commonly witnessed in newly emerging economies that are being unable to cope with the sudden surge in volume of global business transactions thereby leading to exchange rate settlement and payment delays, outstanding payments and dishonouring of financial commitments in the exchange rate transaction market. 2.5.3 Financial Repercussions: According to the Studies in foreign exchange related risks by Dumas and Solnik, 1995 aver that risk related to transactions in foreign exchange have increased with globalization and the rise of global economic integration process with the countries getting affected in relation to the volume of their transactions in the global financial and business marketplace. This is because the market is now more oriented towards market value driven convertibility of currencies that is influenced by the global financial movements and transactions, and any independent transaction especially of transnational and multinational companies; will automatically affect other transactions happening in the global financial marketplace (Klopfenstein G.,1997). However, according to another study by Gallati Reto R., 2003, these multinational and transnational companies are simultaneously being affected by the fluctuations in exchange rate of different currencies of the global market that is exposing their business operations in different global markets to exchange rate related risks especially due to difference in Spot and Forward rates and the inevitable fluctuations (Choi , 2003) that give rise to foreign exchange settlement related problems. 2.5.4 Remedies to Foreign Exchange Settlement Risks: As there risks that have cropped up in foreign exchange transactions due to increase in volume and frequency of transactions mainly as a result of globalization so, also there have come up remedies to minimize the risk related to adverse conditions in foreign exchange transactions. The Bank for International Settlements (BIS) in one of its studies in 1999 has said that settlement of claims is the most predominant risk that is related to foreign exchange transactions, especially the speed with which these transactions are materialized and the roadblocks that they may face in the process due to tremendous increase in volume of foreign exchange transactions that cannot be cleared in expected times. The solution to these risks according to the study is to simultaneously clear transactions on either side i.e. for both the parties side so that they simultaneously give and receive payments at the agreed rate of exchange. This would solve the problem of extended time of actual payment when the rate of exchange fluctuates, thereby creating problems for both the parties. This arrangement is related to deals being processed simultaneously, which requires the concurrence and common cause of both the parties. This is because the party that is expecting a hike in value of it s currency may not agree to such a proposal. In that case there should be some law or arrangement that would make it mandatory for both the parties to settle their intra-day payments on that day itself so that there is no scope left for speculation by them. According to the study, such arrangements have been made in USA and Europe where systems like Fedwire and Trans- European Automated Real-Time Gross Settlement Express Transfer (TARGET) have been established. Fedwire facilitates payments in foreign exchange transactions under the mode of Real Time Gross Settlements (RTGS)and TARGET facilitates intra-day transfer of foreign exchange between parties of member countries of Europe on the same day itself. But, for simultaneous release of funds by both the parties and the intra-day settlement of claims to succeed it is imperative that the member countries of the global economic system should come together have concurrence on these issues. This is because all said and done the foreign exchange transaction related rules and laws are still governed by the respective countries. And most of these countries are reluctant to make any headway in linking their currency system to the global currency system for speedy disposal of foreign exchange transactions for fear that such a move would expose their currency end financial system to the baneful effects of risks and volatility of global foreign exchange system (Hagelin and Pramborg, 2004). At the level of international trading corporations there has been initiated some steps whereby they have formed a private arrangement known as Group of Twenty. They are a group of twenty internationally acclaimed global clearing banks who have formed an system called the Global Clearing Bank that acts as a connection between the payment systems of different countries and verifies international foreign exchange transactions in order to simultaneously satisfy both the parties regarding authenticity of the process of transaction. The thing is that this system puts a high amount of strain on the financial and foreign exchange system as well as reserves of individual countries along with requiring them to bring about some amount of commonality between the financial rules and regulations of individual countries which is easier said than done. All the same the establishment of Bilateral Netting System and Multilateral Netting Systems as well as of Exchange Clearing House (ECHO) are trying t o facilitate foreign exchange transactions and minimize the inherent risks involved (McDonough ,1996). 2.6 Indian Foreign Exchange System: 2.6.1 Historical Background: The historical background of foreign exchange system in India was a saga of excess control and monitoring with even minor transactions being made to undergo the rigorous scrutiny of concerned government authorities to avoid any risks associated with such transactions and save the scarce foreign exchange reserves from being frittered away in some transactions considered unimportant or anti-national by the government. The Foreign Exchange Regulation Act (FERA) that was enacted in 1947 and made more stringent in 1973 was the embodiment of the prevailing sentiment of the governments of those days, which was to completely regulate and control all the foreign exchange transactions and protect the foreign currency reserves. (Mehta, 1985) All these changed in the nineties of the last century with the opening up of Indian economy in 1991 in keeping with the recommendations of the High Level Committee on Balance of Payments set up under the chairmanship of Dr C. Rangarajan by the Ministry of Finance, Government of India and subsequent entry of India into World Trade Organization (WTO) in 1994. This was preceded by the liberating of current account transactions and establishing full convertibility of current account transactions in 1993. In 1994 also the Government of India accepted Article VIII of Agreement of the International Monetary Fund that established the system of current account convertibility and the exchange value of rupee came to be determined according to the market rates with only the convertibility of capital account being under the control of the government (Krueger,2002) as the Tarapore Committee on Capital Account Convertibility of 1997 (Panagariya A., 2008) suggested the government to keep adequate sa feguards before allowing the convertibility of capital account to be determined according to the market forces as there was need to consolidate the financial system and have an accepted inflation target before such a venture. The Tarapore Committee also suggested that the legal framework governing the foreign exchange transaction system in India also needs to be modernized before going for total convertibility of the capital account due to which the Government repealed the FERA Act of 1973 and promulgated the Foreign Exchange Management Act (FEMA) in 2000. This new act did away with the system of regulation and control and established a system of facilitation and management of foreign exchange transactions thereby promoting all the activities related to foreign exchange transactions. The most important thing that was done by FEMA was to recognize violations or mistakes in foreign exchange transactions as a civil offence instead of a criminal offence as was done by FERA. FEMA also shifted the responsibility of proving the violation or mistake in foreign exchange transaction and related rules from the prosecutor to the prosecuted. And if the prosecuted was proved guilty he or she was to pay only monetary fine or compensation instead of being jailed as was the earlier provision under FERA. FEMA also simplified many of the rules and notified specific time frames for delivering judgments related to violations of foreign exchange rules and regulations and provide rules for establishing special tribunals and forums to deal with such cases. Th e compounding rules were also made less stringent and all matters related to compounding rules were notified to be dealt by Reserve Bank of India (RBI) instead of the previously assigned Enforcement Directorate. RBI was made the designated Compounding Authority in all related matters. Only the cases involving hawala transactions were left from its purview As per Mecklal and Chand

Theme of the Creator in William Blakes The Lamb and The Tiger :: essays research papers

A Creator of Innocence and Terror? Could there be a creator that has the audacity to create one creature so pure, gentle, and innocent then, in turn, create another creature of a hideous nature, so terrifying that one could be driven to insanity just by thinking upon it? In William Blake’s poems â€Å"The Lamb† and â€Å"The Tyger† he describes such a creator as this. The reader will find that there are several similarities between the two poems, but in these similarities there are also various differences. In William Blake’s poem â€Å"The Lamb† the speaker begins with the ultimate question, â€Å"Little Lamb, who made thee?/ Dost though know who made thee?/† (Blake lines 1-2). The speaker then continues to elaborate on the question in a playful, innocent, singsong manner describing the kindness and thoughtfulness that the creator put in to producing this ever so gentle lamb. The tone of this poem is soft and lulling, the tender, calm rhyme scheme puts the reader in a soothing, dreamlike state. â€Å"The words and images presented - stream, mead, delight, softest, tender and rejoice - are positive and pastoral. One can picture a lamb frolicking in the green grass†¦Ã¢â‚¬  (Smith). In the second stanza the speaker restates the question, then proudly the speaker declares, â€Å"Little Lamb I’ll tell thee,/ Little Lamb I’ll tell thee!/† (Blake lines 11-12). Allusions to Christianity blossom in the poem at this point as the speaker states that the creator of this lamb is called by the same name. In Christianity, Jesus Christ is referred to as the lamb of God and/or the Sheppard, His followers are also referred to as His flock. The speaker then proceeds to state that he and the lamb are one and the same, ending the poem with â€Å"Little Lamb God bless thee./ Little Lamb God bless thee./(Blake lines 19-20) this invokes reassurance in the reader. William Blake’s poem â€Å"The Tyger† also asks the ultimate question â€Å"What immortal hand or eye/ Could frame thy fearful symmetry?/† (Blake lines 3-4). The tone of this poem is more of a horrific nature. The speaker seems as if he is trying to escape this horrendous beast, the reader can almost feel the panic and terror that the speaker seems to be going through. â€Å"Blake creates this effect by drawing on several poetic devices†(Furr). The first of these is trochaic meter, which gives the poem an underlying beat or chant like quality.

Psychosocial Development Essay

Psychosocial development is a terminology that was used by Erik Erikson in description of psychological development in relation to the human social environment. Generally, the theory is a personality theory that tries to examine the particular traits that are synonymous with the various stages of psychological development of human beings. Erick Erikson identified eight stages of psychosocial development but I will be focusing on the sixth stage which he called the stage of Intimacy vs.  Isolation. He argued that this stage occurs between ages 19 and 40 which fall under the early adulthood of human beings. According to Erikson, this stage is characterized by exploration of personal relationships (Wagner, 2006). This stage involves the individual facing the task of developing emotional and intimate relationship with others around him. However, Erickson maintained that this becomes impossible if the individual has not carved an identity for himself/herself (Carver & Scheir, 2000). At this stage, there is a need to build intimate relationships which will affect the course of the individual’s life. However, Erikson identified that each stage is affected by the previous stage so when individuals fail to build a sense of identity for themselves, they are forced to go into isolation (Stevens, 1983). From my point of view, we have reason to believe some aspects of Erik Eriksson’s view. This is because I fall under this age bracket and I can identify with some of the things that Erikson highlighted in this theory. This stage is the stage when people get married and most people divorce. This is also the time when people decide on who they want to be and what they want to do with their lives. I believe that Erikson’s view on the whole might not be totally true but they surely help us as it identifies some basic things that characterize each stage of development. In conclusion, Erikson’s theory has been criticized by some scholars. One of the things that is leveled against his theory is that it is expensive to conduct such a research (Cole & Cole, 1989).

Marketing environments

The aim of this lecture is: To describe important role of Marketing Environment. To differentiate between Macro and Micro Environments. To assess the impact of Marketing Environment on Marketing Practices. To describe various method/Model of Marketing Environment Scanning. Background Information Marketing cannot be practiced in a vacuum; as a business function is affected by various factors or elements within the business environments.According to Lancaster and Massingham (1993), a company's marketing environment consists of the factors and forces that affect the companys ability to develop and maintain uccessful transaction with its targeted customers. Business environments are dynamic and it requires enough attention to ensure that the environment are monitored and does not bring miserable effects to the organization. What is Marketing Environment? Marketing Environment can be described as those factors or elements which are surrounding marketing activities and usually affect the d ecisions and activities of marketing negatively or positively.It consists of both controllable and uncontrollable factors which determine the success or failure of the organization. The controllable actors refer to those elements which can be managed and monitored by the organization in order to ensure they bring positive impact rather than negative impact. On the other side, uncontrollable factors are those factors which an organization has no direct control on them. It is very difficult and sometimes is not possible to control them.The only way that can be done by the organization is to use its internal efforts to reduce the impact of them to the organization activities. Furthermore, uncontrollable factors are usually classified into two groups: one is Macro-environment and the other is Micro-environment. Macro-environment These are external factors which cover the wide range of economic and business activities; its impact goes too far beyond the control of the organization or soc iety as a whole.Macro environment consists of the following elements or factors: Political Factors, Legal and Regulatory Forces, Social-cultural factors, Economic Factors, Technological Factors, Demographic factors Political Factors; political institutions and politicians are responsible for formulating and enforcing various laws and regulations which in one way or another affects the business operations. Furthermore, political forces are responsible for making and adopting various policies (International and local policies), they are responsible for entering into various agreements and contracts which affects marketing activities. ? Legal and Regulatory Forces; various laws and regulations are formulated by various institutional boards and might affect business in one way or another. For example, laws relating to tax, business registration, policy formulation etc. Socio-cultural Factors; the success ot any business depends on now i t takes care about culture and other social aspect s of the societies. Therefore, any action to ignore the culture and life style of the society surrounding the organization marks the failure of the organization. Economic Factors; the impact of economic factors in business and marketing in particular is very significant.The elements such as inflation, interest rates, foreign exchange rates, economic crisis etc have significant impact to the marketing activities. Technology Factors; marketing activities depends much on technology. A means to produce, distribute, promote etc are much affected with the technology in use. That is to say, the intensity of marketing activities reflects the level f technology which the organization use. Demographic Factors; from demographic structure is where customers, consumers, labors, etc are obtained. Thus, the population structure determines the success of the organization.The failure of the organization to analyze demographic structure properly affects the organization performance. Micro-environment This is an external factor which affects the performance of the organization to serve its market effectively. It is an immediate factor which touches the organization activities or functions very close compared to Macro-environment. This includes actors such as: Bargaining power of suppliers, bargaining power of consumers, Threat of entry of competitors, Competition from substitutes, and competition between firms.Sometimes it is known as Michael Porter's Five Forces Framework. Porter, (1980) argues that industry profitability depends upon industry structure and on the above mentioned factors. Bargaining power of suppliers Suppliers are important partners in a business. They provide resources required for the production of goods and services. However, Suppliers have a substantial significant to the marketing functions and business operations as a whole. The ailure to accommodate the pressure of supplier will bring a great impact to organization products and services prices.For examp le when the price of supplies increases it is obvious that, the price of the final products will also be higher in order to cover operations and productions cost. Bargaining power of consumers Consumers of the company products or services are important partners in a business. However, consumers have both negative and positive impact to the organization. The pressure of consumers to obtain products or services at a low price without considering the cost of the production it usually affects the organization ellbeing.Thus, the organization must work hard to see how the pressure from consumers can be accommodated without affecting the organization operations. Threat of entry of competitors In modern business environment competition is a normal and unavoidable situation. The available opportunities for competitors to enter within the market usually become a threat for the organization success. A door for competitors to enter signifies that, the market share should be divided according to the number of the organizations within the market. Furthermore, the presence of competitors can be reflected in a profit generation.This being the fact, the organization should work hard to compete and not escaping from competition which it is not possible anyway. Competition from substitutes The presence ot competitors or other business partners gives a door ot having substitute goods and services. The substitute goods or services refers to those goods or services which offers similar functions, satisfactions, etc. The availability of substitute goods and products forced the organization to highlight the way forward to compete against those substitutes. Competition between rivalry firm Within the industry, various firms are operating.For example, in the Communication Industry, there are a number of firms which includes firms such as Vodacom, TTCL, TiGO, Airtel etc. In such environment there is a stiff competition between these firms, in which each firm is trying to compete in orde r to acquire a large portion of a market share. Thus, it is very hard to manage this environment. A firm needs to work hard in analyzing the intensity of competition so as to adopt the relevant strategies for such a challenge. Internal Environments (Controllable factors) These are factors within the organization; they have direct impact to the organization performance.However, these factors are within the organization controlling capacity, which means the organization has the ability to monitor its impact and to regulate its trends. These factors include among others, the following important factors: R & D factor, production and operation management factor, financial factor, Human Resources and management factor and marketing factor. R & D factor; this is an important factor which can be used to improve the organization performance by adding new idea, technology, products and services through research and development.Production and operation management factor; the organization readi ness to adopt dvanced and recent methods of production and operation can be said as the most important decision to control the organization performance. The production and other operation methods are changing rapidly, thus, the organization needs to take quick decision to cope with these changes. Financial Factor; the management of financial assets is very important and must be taken carefully. In ability of the firm to manage its financial assets it is a disaster to that particular organization.It creates the light way for its failure while this could be avoided if the organization could have taken serious measures earlier. Human resources and management; people are very important resources for the organization performance. Human resources should be handled in a due care in order to create a situation of offering consistency efforts to the organization productions and operations activities. Marketing factor; in order to ensure marketing as a unit or department within the organizati on it offers valuable contribution and there must be a close supervision of all activities done within this unit.Any disregards to this important component of business operations create a smooth way for the failure of a particular organization. Environmental Scanning and Analysis Atter the organization has identified the above described tactors (Macro and Micro), the next important stage is to analyze in deep the impact of each factor on the organization operations. The big challenge which is facing business owners and business decision makers nowadays is how to deal with environment uncertainty.Now, environmental scanning and analysis is used to assist business analyst to study environment in deep and formulating appropriate strategies to cope with business changes. For examples, from strategic marketing point of view, in formulating arketing plan, two issues must be considered, first; organization capabilities in term of resources, second; the demands of environment which the orga nization operates. Therefore, there is no way the organization can ignore the importance of environmental scanning and Analysis. What is Environmental Scanning and Analysis?Environmental Scanning and Analysis refers to a process of studying and exploring the impact of environments on business operations. It focuses on understanding how business environment affects strategy formulation and implementation. The Former Chief Executive Officer of General Electric Company Jack Welch, once said, â€Å"When the rate of change inside the company is exceeded by the rate of change outside the company, the end is near. † The meaning of this statement is that, if the firm is very weak in studying and coping with external environments is digging a grave for its own death.Environmental Scanning and Analysis is done in the following style. First; the organization is required to analyze business factors which exist in the environment in which the business operates. Second; the organization is required to classify each factor as to whether it falls under an opportunity or a threat. The following phases should be followed while doing environmental scanning and analysis: First phase; identify environmental influences; the aim of this stage is to indentify various factors which influence the organization performance recently and to forecast likely factors that will influence the performance in future.Second phase; an assessment of nature of the environment; the trends of an active factors should be analyzed, the assessment should look on whether the environment is static or dynamic and from there the decision of what is supposed to be done can be taken. Third phase; identify he factors which have a great influence on business operations based on their nature and intensity of its impact. Fourth phase; identify competitive position; analysis of the level of competition should be done based on how competitors are doing, their capabilities and weaknesses and how they are trying to deal with both of them should be scrutinized.Fifth phase; identify how the information obtained above influences the organization operations. Each information should be categorized in either it is a threat or an opportunity to the organization. At the end, this becomes an mportant component in dealing with organization strategy formulation and implementation. Therefore, environmental scanning and analysis results to the identification of Strengths, Weaknesses, Opportunities and Threats. This can be analyzed by using a SWOT analysis Model which is an abbreviation of the words Strength, Weakness, Opportunity and Threat.Analysis of Strengths and Weaknesses The strength and weakness are internal tactors which can attect the organization operation in future. Specifically, Strengths refer to internal factors which can affect the organization operations in a positive way, while weaknesses are internal factors hich can affect the organization operations in a negative way. For example, p oor management of human resources can be considered as a weakness, and the application of advanced technology can be termed as strength to an organization.Environmental Strengths and Weakness Profile Basically, after intensive analysis has been done, is very important to prepare a strategic advantage profile for the organization. This profile gives a clear picture of critical areas which have a great impact to the organization op4 erations recently and in future. Strategic Advantage Profile for a Hypothetical firm A Organization Internal Area Competitive Strength or Weakness Marketing + Product Line is extensive + Services is excellent – Channels of distribution are weak Research and Development – No Research and development performed Operations + Excellent sourcing for new materials. Facilities are old and becoming out dated. Corporate Resources O Company size is about average for the industry. O Profits have been consistent but average. – Union employees compl ain frequently Finance + Balance sheet shows ability to obtain needed capital, low debt equity ratio, high working capital position and favorable stock position. Sources: Mzava, (2004:20) KEY: + Indicates Strength Indicates weakness O Indicates Neutral Analysis of Opportunities and Threats An opportunity and a threat are external factors which might affect the organization operation in future.Now, specifically, Opportunities are external environments which can affect the organization operations in a favorable way, while, Threats refers to factors which might affect the organization in unfavorable way. At the end of opportunities and threats analysis, Environmental Threat and Opportunity Profile (ETOP) must be established. Environmental Threat and Opportunity Profile (ETOP) is very important for strategies formulation and implementation.