Monday, September 30, 2019

The neoliberal economic and political situation

The $30-billion loan from IMF in 2002, which initially had to give rise to the Brazilian economy and lead it from the existing financial crisis, has proven to be ineffective. The presidential election and the Lula government have not met the goals, set by the International Monetary Fund and other international institutions. The government has neither taken the right orientation of carrying out legal and regulatory policies, nor opened the way out for others.The neoliberal economic and political situation have only caused confrontation and worsened the existing problems with public debt, poverty, wage rates and other essential issues. The core problems of Brazilian political climate contain: budget deficit (which causes increase of public debt and high inflation rates), lack of agrarian, pension, military and social-program reforms, bureaucracy of trade unions, privatization (the most of the businesses are in the hands of Lula government and its allies), and violation of workersâ€⠄¢ rights. The key element of any country – the worker – is over-discriminated by the state.Women and Afro-Brazilians are discriminated and underpaid, the number of slaves and forced workers drastically increases, the corrupted government is involved in bribery, therefore, the illegal land exploitations (forest clearing, mining, etc. ) that violate the right to adequate housing are widespread (Danish Institute for Human Rights, 2006). The lower tax rate for private business do not meet the efficiency and equity for macroeconomic stable situation and fiscal control, for income and property taxes are reduced by decreasing number of official workers.According to the risk data, the Brazil government effectiveness risk is 68 of 100, tax policy risk is 63, with Brazil overall risk rating assessment of 47 (data obtained from viewswire. com). These numbers give the clear picture that the 250-billion debt in Brazil, violation of laws, illegal actions of the government and key e ntrepreneurs, create the disfavorable and unstable ground to foreign-owned businesses and dollarization does not give confidence in Brazilian economy.Moreover, the IMF debt can be cut off in the case if the Brazilian government does not meet the target. References: Danish Institute for Human Rights. (2006). Executive summary of the Brazil country Risk Assessment. Online. October 29, 2007. Available: http://www. humanrightsbusiness. org/pdf_files/Brazil_%20Executive%20Summary. pdf. Risk ratings. (2007). Brazil risk ratings. Online. October 29, 2007. Available: http://www. viewswire. com/index. asp? layout=RKcountryVW3&country_id=1480000148&rf=0

Sunday, September 29, 2019

How an economy works ? Essay

I wasn’t entirely surprised by the article considering that, in truth, when we open ourselves up to the myriad of thing that the course teaches, all of these can be learned. Only our interests make us choose what we learn more, what we retain and what we want to forget. Stating that more people learn the â€Å"economic way of thinking† I feel that I have to agree with the 75. 5% of people who learned â€Å"how an economy works. † The difficulty of economics is, indeed at a high level considering that there is a drill on models and computations. This focus reveals that the analytical aspect of economics that we are applying is based on current existing models that we have to work around with. However, it is not complicated as to integrate the intricacies of its liberal roots. Although there are touches of it, it isn’t drilled in too deep. The role of critical thinking is highly important and for economics to weigh more on models and computations to analyze the economy is a little detrimental on the part of course itself. This is because many of today’s economic problems are not entirely reliant on predictable circumstances that models and computations simplify the world to be. It is therefore more instructional and beneficial for students to give a little more emphasis on the liberal arts side, forcing students to think out of the box. Many of the critical thinking skills that economics has given me largely relies on the fact that every issue about our current economic state makes me think about what economic models to use. However, as an independent thinker, I also believe there is more that policymakers and today’s economists can give rather than recycling old methods and using old analyses. As an economics major, I feel that the class has taught me that there are a myriad of solutions waiting to be explored and there is certainly no hard and fast rule to come up with a solution.

Saturday, September 28, 2019

ECON 337 3 Assignment Example | Topics and Well Written Essays - 1250 words

ECON 337 3 - Assignment Example It emerges that the new reforms in the 80’s led to the reduction of poverty and inequality due to the foreign trade and investment strategies. However, the rural areas were also recovering from the poverty cycle as influenced by the spurt in agricultural growth. The political economy played an instrumental part through the land redistributions that ensured every family had an agricultural venture. As a result, the internal aspects enabled the country to improve on its economic objectives rather than the presumed global integration. Similarly, the domestic public investment policies, especially in education, infrastructure and agricultural research propelled the growth and rural poverty reduction. The state of poverty and well being in India were spurred by the social indicators in employment opportunities, gender inequality and maternal health had registered improvements (Bardhan 26). The country was ensuring that the citizens would be productive by taking advantage of the soc ial developments in the important sectors. The resultant impacts were that the Indians introduced strategies that empowered everyone to venture into economical businesses in the region. Although poverty and social well-being remains to be a priority of the government, the economic growth tends to alleviate the imbalance. This implies that reforms encouraging domestic investments are making the local citizens to come up with business ideas that the government can help to finance for prosperity. The reasoning behind Bardhan arguments is that global integration only facilitated increase in spending. The improvements in social indicators and social well-being were factors that promoted global integration because the country was now ready to consider various opportunities (Bardhan 30). This implies that, without the domestic reforms and investments, global integration could not be achieved. However, the slow pace in some sectors

Friday, September 27, 2019

Gaonic Society and Culture Research Paper Example | Topics and Well Written Essays - 5500 words

Gaonic Society and Culture - Research Paper Example The first â€Å"Gaon of Sura† was Mar Rab who took the charge in 609 and the last was Samuel ben Hofni who died in 1034. The last â€Å"Gaon of Pumbedita† was Hezekiah Gaon who was agonized and he died in 10401. During the â€Å"Golden Age† of Arabs Jews were prominent in the society and their religious and cultural practices and economic living flourished. After 681, the Jews were severely victimized by â€Å"Christian Visigoths† and therefore they invited the Muslim Arabs mainly the â€Å"Berber† conquerors. These conquerors successfully removed the â€Å"Christian Visigoths† and brought an end to their tyranny, providing the Jews their religious autonomy2. Thereafter a period of tolerance began as Jews devoted themselves in studying the sciences, commerce and industry to augment the prosperity of the country. They engaged themselves in translating Arabic texts into Roman and Greek and Hebrew texts into Arabic. The involvement of the Jews w as also found in several other disciplines such as â€Å"botany, geography, medicine, mathematics, poetry and philosophy.3† During this time Jewish ideas blossomed leading to partial Jewish autonomy. Again insecurity of the Jews developed around 976 and the situation further deteriorated in 1090 with the attack of â€Å"Almoravids†, a Muslim protestant sect from Morocco. Under their rule Islamic belief was imposed on the Jews. The famous educational bodies of the Jews were closed. Then by 1085 there was invasion by the Christian forces. Jewish community was still prominent. Some scholars such as Maimonides, born in 1135, were well-known figures in Judaism. Jewish existence still continued until they were powerfully debarred or converted by the â€Å"Christian Monarchs†4 The purpose of this paper is to show that the uniqueness of the gaons could be attributed to their piety and practices apart from their scholarly talents and achievements which reflect discipline , integrity and wisdom. The Gaons, their practice and religion During the Islamic period, due to the absence of corporate groups, the commercialized and crafted guild of the European variety was not restricted to those members having majority belief in Islamic culture. There was significant resemblance among the Muslim and Jewish practices. This encouraged flexible interactions between the Jews and Muslims in economic activities and led the Jewish to adopt liberal attitude towards the Muslims. They preferred to in developing business contracts and settling disputes in the Muslim religious courts as opposed to early Talmudic prohibition. According to one of the Babylonian Geonim this practice was implicitly recognized by the Jewish judiciary on account of mutual faith. â€Å"Ashkenazic rabbis† persisted on stringent observance of Talmudic controls. Therefore the Geonim and later halakhic authorities in the â€Å"medieval Arab world† objected on Jews relevance to Muslim courts and emphasized on continual Talmudic ban. The Gaon after considering many contradictory biblical verses exhibits that they do not include abrogation. Islamic religious expressions were used in â€Å"Judaeo- Arabic† writing of the Jewish scholars. Saadya Gaon, the first great â€Å"rabbinic† who wrote in Arabic referred deliberately to the â€Å"Torah†. His Arabic translation of the Bible reflected an integration of â€Å"Arabic-Islamic† culture. The considerable resemblance between the Jewish and Islamic law, the corresponding operation of both of their legal systems and their sharing of linguistic discourse across

Thursday, September 26, 2019

Letter to Francesco Vettori and The Prince Essay

Letter to Francesco Vettori and The Prince - Essay Example Alternatively, we can choose to act, and discover our own truth behind the layers of apparent realities. Different approaches to reading into events in our lives have been described down the ages, one of the most dramatic being that of Machiavelli, who suggested an alternative concept of truth, in terms of a philosophy of power, an "effective truth". According to him, reality was much opposed to the idealistic Greek and Christian concepts, and it was not primarily moral or ethical , but political, to be manipulated in order to gain power. He recommends in the fifteenth chapter of The Prince: And many have imagined for themselves republics and principalities that no one has ever seen or known to be in reality. Because how one ought to live is so far removed from how one lives that he who lets go of what is done for that which one ought to do sooner learns ruin than his own preservation: because a man who might want to make a show of goodness in all things necessarily comes to ruin among so many who are not good. Because of this it is necessary for a prince, wanting to maintain himself, to learn how to be able to be not good and to use this and not use it according to necessity. (Machiavelli,1513) Not only does Machiavelli feel that manipulation and distortion of facts is not just a part of reality, he also claims that one who truly worships power as the only truth can bend his destiny to his designs, and fate herself would comply. He clarifies this in Chapter 25 of The Prince: Nevertheless, not to extinguish our free will, I hold it to be true that Fortune is the arbiter of one-half of our actions, but that she still leaves us to direct the other half, or perhaps a little less....So it happens with fortune, who shows her power where valor has not prepared to resist her, and thither she turns her forces where she knows that barriers and defenses have not been raised to constrain her.(Machiavelli, 1513) In stark contrast is Jorge Luis Borges, for whom the reality of destiny is inescapably omnipotent, and the only way to deal with it is to fashion alternate realities, understand it in terms of myth, an opinion for which he has often been criticized : Borges takes away the "real" weight of history, situating it in a mythic horizon, negating it. When he places the whole episode (and, we might say, the whole period) in a place outside of the concrete and the factic, outside of the historical, he deprives it of all concrete importance, of every possibility of influencing reality, of forming part of the historical process.... Once again, Borges negates reality. ( Borello, 1991) Despite creating commentaries on books that did not exist, historical events that never took place, and practicing literary forgery, his concept of reality was very much accepting, in creating myths he sought not to negate reality but to pause its triumphal march so as to grasp it better. Our destiny (unlike the hell of Swedenborg or the hell of Tibetan mythology) is not frightening because it is unreal: it is frightening because it is irreversible and ironclad. Time is the substance of which I am made. Time is a river that sweeps me away, but I am the river; it is a tiger that tears me apart, but I am the tiger; it is a fire that consumes me, but I am the fire. The world, unfortunately, is real; I, unfortunately, am Borges. ( Borges, 1946)

Wednesday, September 25, 2019

Newfoundlanders Assignment Example | Topics and Well Written Essays - 250 words

Newfoundlanders - Assignment Example It involves six to twelve actors, playing the roles such as King George, the Turkish Knight, or the Doctor. This practice survives among the Newfoundlanders due to several factors; among them the, geographical, historical and traditional nature of the people, unlike other cultures. Consequently, it this practice is passed from one generation to the next, since time immemorial. This is despite its perceived death in the 1960s. This practice also thrives because of Newfoundland’s proximity to the sea. Indeed, the practice is said to have source in England and Ireland. Consequently, the practice was inherited due to interactions with visitors from abroad who came through the sea. Following the adaptive nature of the Newfoundlanders to this foreign culture, this practise has stimulated trust and bolstered their relationship. Indeed, the success of this practice heavily depends on preexistence of trust and relationships that prevent the practise from degenerating into violence that can injure the participants. The practice, however, is considered non-religious and consequently should not be practiced during Christmas or any other Sunday during the period. Moreover, participants place themselves at risk in the hands of other participants during the course of the plays especially those involving mock fight between ‘good’ and

Tuesday, September 24, 2019

Coca cola company Research Paper Example | Topics and Well Written Essays - 2500 words

Coca cola company - Research Paper Example The Atlanta based organization grew profusely despite the hindrances existing in the market environment. By the mid 20th century, Coca Cola’s growth rate overwhelmed that of its competitors, and with an increased product line to serve diverse consumer needs on the global scales (Petretti, 2008). The following is an informative approach to defining Coca Cola’s business programs and its portfolio in maintaining success as a market leader in the beverage industry. The company’s mission statement and strategy Coca Cola’s mission statement stipulates that its operations in the beverage industry seek to refresh, inspire, and create value to the world with a vision of achieving sustainable growth through utilization of resources globally. Arguably, the company growth and expansion in the beverage industry remains unchallenged despite Pepsi’s strive to overcome the dominance. Considerably, Coca Cola’s success in the industry seems to be integral to t he provision of over 500 brands to the global consumer. These advantageous contributions of the company’s management to the beverage markets yield unprecedented consumer loyalty (Alirezaei, 2013). Actually, the company’s marginal difference in the market share value varies greatly with its challengers whether at a foreign-local or at the international platform. The company’s mission statement changes from time with reference to the evolving consumer needs and wants. Currently, Coca Cola sets its mission as targeting to refresh the world through provision of the favorite drinks. Through the mission, the company seeks refreshment to prevail over the mind, body, and spirit of consumers thus inspiring optimism and actions on its brands (Payne, & Frow, 2013). Eventually, the company draws conclusions of yielding valuable returns on its investment because of the positive reactions of customers in the global markets. Evaluation of the mission statement The company miss ion statement focuses on the markets while neglecting other essential utilities that could create more value and undoubted performance in the company. During the evaluation process, all the factors of production, processing, and supply reflected different values while seeking to identify the company’s valuable outcomes. For instance, it is evident that the mission statement fails to account for the customers, products, and services while stipulating on its devotion to reach the markets profitably (Alirezaei, 2013). Secondly, Coca Cola’s mission statement fails to include technology, concern for survival in the beverage industry, while outlining its philosophy of refreshing the world. Through expert analysis, the mission lacks the inclusion of self-concept, concerns on Coca Cola’s public image, and its employees. The evaluative approach ascertains that the mission does not mention the values like citizenship, integrity, excellence, and teamwork (Petretti, 2008). Therefore, the statistical mark accredited to the company’s mission statement amounts to 1.3/4.5 of the score. Arguments are that the company’s success in the global market sector emanates from the highly recognized and standardized beverages in the global markets. It is certain that the company focuses on the presence of tastes and preferences of the consumer and then produces matching beverages to existing and emerging needs. Further, the poorly structured mission statement is technically incorporated to the vision thus; it is able to influence the market variables

Monday, September 23, 2019

U07d2 Reimbursement Reform Essay Example | Topics and Well Written Essays - 500 words

U07d2 Reimbursement Reform - Essay Example The National Quality Forum is a nonprofit organization that brings to sight the measurement issues from the health care spectrum (Mattie, 2008). The Centre for Medicaid and Medicare arrived a conclusion that there would not be any reimbursements for the events and this led to a number of debates in the industry. The main intension of this decision was to help improve the safety of the patients and also to improve the overall quality of the healthcare systems. The intension was that if no reimbursements were to be provided to the hospitals for these errors then there would be more care and attention that is given and thereby better practices in the healthcare. The hospitals were getting paid excessively and the doctors were been seen to become more and more irresponsible and careless. Take for instance, if the doctors made an error and the patient required to go through another treatment for the rectification of the error, the doctor would be paid for both. In order to meet up to the current events in the health care and to ensure that doctors were accountable for their actions, the CMS brought in the initiative and the pay would not be given to the doctors in case of errors (DerGurahian, 2010). The initiative was followed by the insurers as well and newer and more versions were developed to ensure that the ‘never events’ were not paid for. This initiative has led the hospitals and the health care organizations to work harder to ensure bettered and more responsible behavior from the doctors and all people within the hospitals. There have been several insurers which have also agreed to withhold the payments even if a single error was to be conducted during the procedures. The basic reason why this initiative was taken is one which is very helpful, as if any error or event was to happen and was not supposed to happen, and then it was incorrect for the healthcare to

Sunday, September 22, 2019

Team Creation Essay Example | Topics and Well Written Essays - 750 words

Team Creation - Essay Example The selection of the project team members will be done on the basis of this vital information. Next, a pool of candidates should be prepared from whom the project team members are to be selected. The selection process must consist of personal interview, group discussion, and if necessary, written or objective type assessment based on the project requirements. The project team should have some specialist members, supporting staff, and multi tasking experts. (Chapman and Ward, 2003) Team Building Strategies Effective team building can be critically helpful so that the project team leader may not have to face the problem of incompetence that may lead to total deadlock and unrecoverable down time. According to Chapman and Ward (2003), a project has a project life cycle, which is divided into the stages of conceptualization, planning, execution, and administration. During team building, it should properly be defined that what the team members are expected to do through each stage of the p roject life cycle. In the team, decisions must be based on consensus, team values must be specified, goals must be shared, and evaluation must constantly be done right from the time of team building to ensure better coherence and productivity. The team size should neither be too large or too small. (McGregor et al, 1966) Potential Areas of Conflict The cultural issues can particularly be important while managing a culturally diverse project team. Technical issues can create problems when the project team is diverse in the sense that specialists from different fields of profession and academia are taking part. Besides cultural and technical conflicts, conflict of opinion too can lead to serious problems. Racial barriers, personal ego, and lack of respect for each other are common in a diverse project team. The situation may become more complicated in the case expectations are unreasonably high and goals are not properly set. Techniques of Reducing the Probability of Dysfunctional Con flicts Some ethical values like respect for each other, dedicated participation, and mutual trust must be ushered in the project team (McGregor et al, 1966). Project life cycle provides the project team members with a framework that can be helpful in dividing responsibilities, setting priorities, etc. The way of doing things in the course of the project should be sequenced according to the project life cycle in order to avoid risk of confusion and dysfunction (Chapman and Ward, 2003). The basic questions like â€Å"what is management?† and â€Å"what is business?† must be answered in relation to the project with support from practical case studies. Tools and techniques like inventory control and networks of critical path can help in better decision making to avoid dysfunction and hence dysfunctional conflicts (Payne at al, 2004). Conflict Resolution Techniques Conflict resolution techniques should be available right from the beginning of the project work. Consensus bas ed decision making, proper goal setting, goal sharing, and integration of team values are the basic conflict resolution techniques. Mutualism, dedication, and respect add more emotional intelligences to the project team and hence conflict resolution techniques can effectively be based on the ethical grounds (McGregor et al,

Saturday, September 21, 2019

Operations management Essay Example for Free

Operations management Essay This assignment requires student complete an analysis of the LensCrafters case from Chapter 6 of the text. Write a six page paper in which you: 1. Evaluate LensCrafters’ operations strategy and explain how the organization seeks to gain a competitive advantage in terms of sustainability. 2. Analyze how operation management activities affect the customer experience. Select two (2) operation management challenges and provide the solutions for confronting them. 3. Examine LensCrafters’ value chain and evaluate its effectiveness to operations in terms of quality, value creation, and customer satisfaction. 4. Determine the different types of performance measurements that can be used to measure LensCrafters’ service-delivery system design. Select at least two (2) types that can be applied and provide justifications for the selection. 5. Examine the different types of technologies applied to LensCrafters’ service operations and evaluate how the technologies strengthen the value chain. 6. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: †¢ Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. †¢ Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: †¢ Apply the concept of operations management. †¢ Compare and contrast the difference between a supply chain and a value chain. †¢ Analyze the types of measures used for decision making. †¢ Analyze the five key competitive priorities and their relationship to operations strategy. †¢ Analyze different types of technology and their role in manufacturing and service operations. †¢ Use technology and information resources to research issues in operations management. †¢ Write clearly and concisely about operations management using proper writing mechanics. †¢ Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.

Friday, September 20, 2019

Ethics Religion And Sustainable Production Marketing Essay

Ethics Religion And Sustainable Production Marketing Essay Building an efficient ethical supply chain requires applying strict measures which comprises of identifying, forming and maintaining good supplier relationship with both upstream and upstream. It is important that companies build a viable ethical supply chain as well encourage good working condition in accordance to existing labor laws in other improve brand image and build a strong reputation. In todays business world, building ethical supply chains is extremely vital as it also comes with a lot of benefits attached to the practice. Ethical supply chain is the practice of providing goods and services to customers while sure that the rule to ethical code is adhered to (Beamon, 2005) The world is becoming a global marketplace and companies must ensure that they have morally strong brand image and create a well trusted supply chain so as to add value not only to their brand but to their image in general, with the wide spread of internet and effective communication consumers are becoming aware of what is actually involve in production and distribution of goods and services. With the increasing rate of climate change people are becoming more conscious of how to care for the environment and the ways of how resources are being exploited. Interestingly, in these recent economic downturns big multinationals companies such as Kraft, Nestle and Starbucks have all managed to form strategic partnership with Rainforest Alliance for Ethical Sourcing of Coffee beans, according to (IGD.com, 2009) Kraft started working with Rainforest Alliance to show support as part of their contribution towards sustainability and helping the environment, shortly after gaining great experience Kraft successfully expanded more work with Rainforest Alliance and included other brands and with this, a total of 150,000 farmers benefited by gaining improved working conditions and better wages, they also helped to protect 70,000 acres of coffee farmland and helped protect rainforest plant and animal species as reported by (IGD.com, 2009) Nestle announced in 2005 to support sourcing its coffee beans ethically after bagging the title in the UK of being the most unethical company and partly responsible for driving down prices of coffee beans at the expense of poor small farmers, they decided to make a serious commitment to support Fair trade and fight poverty, invest in community projects such as improving schools and clinics, providing clean water and repairing roads. Fair Trade label is particularly strong and popular in the United Kingdom, The United States Starbucks made a pledge to make all of its popular espresso brand Fair Trade by the end of 2009 on the other hand, Nestlà © who happens to be a bigger brand with numerous has also join the bandwagon and made commitment to the mass consumer market like its number one rival Kraft, whose brands such as Maxwell house and Kenco has made sure all its coffee beans are from Rainforest Alliance certified farms. (Russell, 2009) Starbucks made a commitment to ethical sourcing in 2009, and has become one of the largest buyers of fair-trade coffee, they also made a decision to have 100% of its coffee certified or verified by an independent third party, such as TransFair USA. To show their commitment to the sustainability, they have planned to invest in communities by doubling loans to farmers by 2015. According to Starbucks, (starbucks.co.uk, 2011)responsibly grown, ethically traded coffee means working with farmers to produce coffee in ways that help provide benefits to their business, their communities and the environment. This falls in line with the Fair Trade objectives, which states that, coffee bean growers should be adequately compensated for their harvest. In addition, Fair Trades primary objectives is ensure that its sets standards for farmers organizations and labor are adhered to by all, they also work in the interest of small-scale producers and help them work in an organized manner, such as in a co-op and make sure all decisions are made democratically and not influenced. In Fair Trade, the farmers are allowed to form unions. While in the Rainforest Alliances standard, they do not get involved with the cooperation of farm workers, and are somewhat laidback. The Rainforest Alliance does not have any existing baseline premium for wages, and they only maintains the low wage bar set by local governments (Trauben, 2009) 2. According to research expert, (Johnson, 2010) who carried out a research in the UK to understand what consumers actually wants, in his studies he discovered that food is the most misunderstood area of public policy, as it accounts for 10% of household expenditure and is linked to 12% of employment, 70% of land use and 20% of energy use in the UK. He also mentioned that demand for food is higher than supply bearing in mind price, quality, availability and access such as logistics issues which play a very vital role in supply chain. (Doane, 2001) Defined ethical consumption as the purchase of a product that concerns a certain ethical issue human rights, labor conditions, animal well-being, and environment it is chosen freely by an individual consumer. With growing trends and change in lifestyle consumer behavior and expectations have changed, due to various issues which ranges from Self-interest to Purchasing Power. People are getting busier and barely have to cook and therefore have to rely on instant junk foods, maintaining a healthy diet is increasing becoming a difficult task but it is important to make sure that they consume ethically by making sure they are well informed of the food being sourced in a sustainable way. Sending out clear information to create awareness should be encouraged by the government so as to enable the food retailers provide more knowledge and give more information to improve the eating habit of consumers said the Chief Executive of Wm Morrison Supermarkets (Philips, 2010) it is the fourth biggest grocery retailer in the UK and has 479 stores with a strong focus on fresh products. However, having access to affordable healthy foods should be greatly encouraged and not excluded economically from enjoying healthy meals as these tends to be more expensive. With the recent economic downturn more people have very little disposable income to spend on buying food stuff as price for simple basic commodities such as rice witnessed an increase in price globally. (Philips, 2010) also said Key to the affordability of food is choice. Supermarkets offer wide choice in order not only to meet customers expectations but also to drive competition. This encourages innovation to help ensure excellent quality as well as to keep prices down. The conclusion of the research carried out by the (Johnson, 2010) is that consumers have growing expectations and it is the responsibility of the supermarkets to act sustainably, and not increase prices of more healthier foods, Fair trade products should be made affordable and serve as an economically sustainability initiative which helps the environment and must be backed by clear information and honest Fair Trade labeling of products so that consumers have clear knowledge of where the products originates from and the environmental impact. Consumers are becoming more aware of brands that practice responsible sourcing and procurement, carbon footprints and favorable ethical trade practices. Brands who adopt ethical sourcing are perceived as being environment friendly, these ethical firms avoid actions that may somewhat negatively influence, or appear to influence, supply management decisions for sourcing of resources. 3. Recommendations to help cure the ills of the coffee market would be as follows: a) Ethical Consumption should be encouraged in great measures so as to make consumers use their purchasing power as a means to change questionable ills of the coffee market business as well as the severe oversupply of low cost substandard coffee beans. According to (Jeremy, 2007) Fair Trade is defined as a trading partnership based on dialogue, transparency, and respect that seek greater equity in international trade. It contributes to sustainable development by offering better trading conditions to, and securing the rights of marginalized producers and workers especially in the South. One complaint amongst many coffee drinkers is that the quality of Fair Trade coffee varies widely. The fact that the growers are guaranteed a minimum price for their product may have unintended consequences, one being that there is no incentive to improve quality. b) Reward companies that practice high ethical standards to set an example for other unethical companies to change their ways of doing business, for example according to a recent study carried out by (Remi Trudel et el, 2012) in trying to understand how much more would consumers be willing pay for an ethically produced product? and also how much less would consumers be willing to pay for the product they think is unethical? 97 coffee drinkers were radomly chosen for the experiment and were told about the companys production standards, the result from the experiment showed that people punished unethical goods with a bigger discount than they rewarded ethical ones with premiums. c) Consume authentic ethical products d) Always check labels and investigate popular brands to understand its history of productionand encourage fairness in labor.

Thursday, September 19, 2019

Linear Feedback Shift Registers Essay -- Computers, Cryptography

Abstract: Linear Feedback Shift Registers (LFSRs) are considered powerful methods for generating pseudo-random bits in cryptography algorithm applications. In this paper it is shown that the linear dependencies in the generated random bit sequences can be controlled by adding a chaotic logistic map to the LFSR’s systems. The structure of the LFSR’s output sequence in combination with a chaotic map is analyzed and proved to have at least as much uniformity than the corresponding set for the linear components individually. In order to understand that using the proposed PRBG is reliable in secure algorithms, the NIST suite test have been taken on the proposed method, finally to compare the proposed PRNG output sequence features with the two types of LFSRs (Fibonacci and Galois). Keywords: Linear Feedback Shift Register, Random Number, Chaotic Map, NIST. 1. Introduction In the modern world of computers, network security is the main concern which relies on the use of cryptography algorithms. high quality random number generation is a basic subject of cryptography algorithms and the importance of a secure random number generator design cannot be underestimated. Most common generation techniques about RNGs involve truly random and pseudorandom number generators. For a brief introduction in various types of RNGs: Truly Random Number Generators (RNGs) is a computer algorithm, which generates a sequence of statistically independent random numbers. Actually these generators require a naturally occurring source of randomness phenomena (i.e. as a non-deterministic system). Most practical implementations design a hardware device or a software program based on RNGs to produce a bit sequence which is statistically independent. Pseud... ...3245, 0.9966745]; so the p-values of our purposed method is in this interval and then the 15 tests of the NIST suite have been passed as shown In Fig. 6. Fig. 6. NIST test result (Red is the Proposed PRNG, Blue represents Galois and Green is Fibonacci) 6. Conclusion In this paper we presented a novel method to generate random bit sequence by combination of LFSR’s system and chaotic logistic map and it has been proved in a reliable theorem. At the end, we compared it with the same other methods such as Fibonacci LFSR and Galois LFSR, and the result was shown in table 1. Acknowledgments The author wish to thank the editor Professor G.Najafpour, Dr. H.Hassanpour and my teacher Mr. H.Rahimov for their valuable comments. In the end should be appreciated the efforts of Shahrood University of Technology’s ITC research center.

Wednesday, September 18, 2019

Role of the Extended Family :: Sociology, The Family Unit

There are many types of family that exists in today’s society, each important to the upbringing of any children of which may be apart of it. There are many types of family that exists in today’s society, each important to the upbringing of any children of which may be apart of it. Whether due to economic changes, cultural values, the role of caregiver goes beyond mother and father (Kurrien & Dawn Vo, 2004). The family unit is as diverse as the societies they each represent. This sometimes can manifest traditional roles of doting mothers and providing fathers into a home with two sets of parents (Kurrien & Dawn Vo, 2004). Therefore, the involvement and importance of the extended family: grandparents and other family members such as aunts and uncles play a significant role in both its economic and social function. The family unit is as diverse as the societies they each represent. This sometimes can manifest traditional roles of doting mothers and providing fathers into a home with two sets of parents (Kurrien & Dawn Vo, 2004). Therefore, the involvement and importance of the extended family: grandparents and other family members such as aunts and uncles play a significant role in both its economic and social function. The quantitative analyzed data showing family members within the socioeconomic status. A study of families within the Asian society that are poor and from rural areas compared to upper-middle class families (Kurrien & Dawn Vo, 2004). The sample comprised of different families consisting of three groups, which shared nuclear, and extended family living arrangements. Each group were given a scheduled of activities that were to be performed by the caregiver to a child. Some of these activates included the daily function of a parental role such as, bathing, feeding and transporting to and from school (Kurrien & Dawn Vo, 2004). Data found that fathers in the upper-middle class family, regardless of it being nuclear or extended, were more involved in performing the activities (Kurrien & Dawn Vo, 2004). Mothers continued to be the primary caretaker in both extended and nuclear family. In upper-middle class extended families, grandmothers were just a source of support, compared to the poor disadvantaged families where the responsibilities were provided by not just grandmothers but other female members of the family including aunts living under the same roof (Kurrien & Dawn Vo, 2004). In the article findings, it was an important note that grandmothers were more involved in childcare activities than fathers in all groups within the extended family (Kurrien & Dawn Vo, 2004).

Tuesday, September 17, 2019

Servant Leadership :: Servant Leadership

The concept of servant leadership is one that many of today’s leaders struggle with, yet it is shown to be one of the more productive forms of leadership. The concept is really about the leader helping to grow their follower’s in a manner that involves empathy, listening skills, and compassion. Servant leadership is a way for leaders to connect with their teams and show that they understand the trials and tribulations that go along with the work. Think of an inverted pyramid. The leader is the point of the pyramid stabilizing the structure at its base. Servant leaders tend to create unique bonds with their team. This, in turn, makes them more productive than other leaders. As a result of the bond servant leaders are more in tune with the insights and necessary information that members of their team might possess or need to possess. While trying to ensure that their team members are successful, servant leaders become highly regarded and can benefit from this in the form of a more detailed understanding of the needs of their team for success. One consistent key to servant leadership is that information, knowledge, and opportunity needs to be passed along accordingly. Playing favorites is not a part of the equation in servant leadership. All team members are valued and information and assistance is doled out to everyone. There is no â€Å"Well I am a servant leader in this situation, but a power leader in others.† Servant Leadership is a mindset that should not have flexibility.

Monday, September 16, 2019

Schizophrenia & Paranoid Personality Disorder “a Beautiful Mind”

â€Å"A Beautiful Mind,† which is based on the novel by Sylvia Nasar, is the story about the mathematic genius called John Nash. He enters Princeton University in the 1940s to start his studies in the fields of calculus and mathematical theory. He is very much an outsider, who does not much hang out with his colleague mates but only with his kind and outgoing roommate called Charles and his little nephew. Later on, John turns out to be a teacher at M. I. T and meets one of his students called Alicia, who is very smart, lovely and performs an important role as John’s wife. They get married with blessings of their friends; however, their happiness does not last long because later on, John is diagnosed as psychological disorder called schizophrenia. After this symptom has been diagnosed, Alicia figures out that John’s old friend, Charles and his nephew, never existed but only in John’s imagination. Also she finds out him working as a national security in nowhere, which does not even exist as well. For, she makes a hard decision to send John to the mental hospital and this brings John, who still think everything happened so far is real, to disbelieve his wife. Read also Post-Traumatic Stress Disorder. Even though, the story seems flowing to the tragic way, the real beauty of this movie starts after these previous events, because John realizes he really is suffering form schizophrenia by recognizing that Charles little nephew never changes although time passed by. John never gets rid of his imaginary friends, but tries to ignore them and overcome his symptoms. This was possible because he had his loving family next to him. Later on, he keeps moving forward as a mathematician and receives the Nobel Prize by his work. It is not publicly mentioned in this movie; however there are some psychological disorders that are introduced through out the movie that the main character, John Nash, suffers. Among those, the two major psychological disorders that one can obviously recognize are schizophrenia and paranoid personality disorder. According to the American Psychiatric Association, the psychological disorder called schizophrenia is â€Å"a disruption in cognition and emotion, affecting the most fundamental human attributes: language, thought, perception, affect, and sense of self† (2000). There are two symptoms in schizophrenia. One is hallucination, which means something one sees, feels, or hears that is not really there, and the other one is called delusion that means a false belief about something that one wish were true. The content of the movie, which leads the character to be diagnosed as this symptom is that the main character, John Nash, thinks that his imaginary friends and places really exists. For example, when he was taking a walk with his imaginary friend, Charles, someone suddenly attacked him and took him somewhere he has never been (actually, it is a mental hospital). When he recovered his consciousness, he meets a strange guy, who is suppose to be a mental specialist but John thinks he’s a police. Talking with this strange guy for a few seconds, John finds out Charles sitting at the opposite side of him and thinks he (Charles) is the one who betrayed him and take him to the police. Later on, he finds his wife, Alicia as well and thinks that even she betrayed him. This leads the character to be diagnosed as a paranoid personality disorder. Being paranoid means extremely worried about something/someone because s/he believes that they cannot trust other people. There are several symptoms of paranoid personality disorder. They suspects without sufficient basis, that others are exploiting, harming, or deceiving him or her and/or they are reluctant to confide in others because of unwarranted fear that the information will be used maliciously against him or her (American Psychiatric Association). The example scene of the movie that relates to this disorder is, as it is mentioned above, John becomes reluctant to believe others because he thinks his friend and even his wife betrayed him. Although later he figures out that he is mentally ill, he did suspect people when he did not know he was a schizophrenic. This movie portrayed the disorder realistically, because it is based on true story and real person. Even though the movie might be a little bit exaggerated, these kinds of symptom may occur when one person is really into a specific subject and loves too much about it that s/he cannot even help him/herself.

Domestic Violence: Beyond Patriarchy

Domestic Violence: Beyond Patriarchy In the Beginning The Battered Women's movement of the 1970's enlightened society about a much secreted, and what at the time, was considered a family matter, that of violence against women by their male intimate partners. Many lives have been saved as a direct result of society's public awareness of this much-hidden scourge on our families. Federal and state laws prohibiting Intimate Partner Violence (IPV) have been enacted, and funding has been put in place for battered women's shelter programs. These changes have made a significant difference in the lives of battered women and children over the last few decades. The feminist theoretical perspective of IPVIPV has been depicted throughout our society as well as how victim services, and batterers intervention programs (BIP) are modeled. â€Å"Our culture has historically exhibited certain patriarchal values observable in religion and social custom. Working against the backdrop of this history, feminism quite naturally saw an antidote in ending social oppression of women. Wife assault, kept largely out of the public view and tolerated by prevailing attitudes, was regarded by feminists as an evil symptom of patriarchy. † (Dutton, page 17, 2006) Feminist theory defines IPV as a social problem with a single type of victim i. e. heterosexual women and one root cause, that of male privilege and patriarchy, which supports male domination, power, and control and the oppression of women. The need for services for IPVBIP's for female perpetrators is obscured and trivialized by this â€Å"one size fits all† view. Dutton describes feminist theory on IPV as being a â€Å"‘paradigm:†Ã¢â‚¬Ëœ [A paradigm is] a set of guiding assumptions or worldview, commonly shared within a group and serving to ward off recognition of data that are dissonant with the paradigm's central tenets. This theory views all social relations through the prism of gender relations and holds that men hold power over women in patriarchal societies and that all domestic violence is either male physical abuse to maintain that power or female defensive violence used as a self protection. (p. 2, 2005) developed through the anti-rape and battered women's movements. This perspective has been the guiding light for how the social problem of against men by women and The violence against women by men paradigm is so entrenched that if anyone pursues any other theories or presents any data that is contrary to that perspective it is automatically considered anti-domestic violence movement. (Dutton, p. 44, 2005) Lucal (1995) found that attempts to discuss the idea of battered husbands started an emotionally charged and fiercely contested debate among researchers which has been the classic debate filled with claims and counterclaims. Much of the debate has been centered around whether or not there are very many battered husbands. Most of the debate has been about whether or not battered husbands are a social problem worthy of support. (pp. 95-96) Revealing Statistics Dr. Murray Straus, co-founder and co-director of the University of New Hampshire's Family Violence Research Laboratory, has studied IPV and child abuse for over thirty years. In study after study he has found that both men and women are capable of being victims and committing IPV. For instance: (I? E(Busing data from the National Family Violence Survey of 1975, Straus (l980) found that 11. 6 (2. 6 million nationwide) of husbands reported having been the victim of severe violence by their wives. Severe vio1ence was defined as behaviors, such as kicking, punching, beating, or using a knife or gun, that have a high probability of causing physical injury. (as cited in Hines Malley-Morrison, p. 77, 2001) Presenting data that defies feminist logic has caused Dr. Straus and his colleague's substantial risk. As a result of the depth of the objections to our finding on assaults by wives, some of us became the object of bitter scholarly and person attacks. These attack included obstruction of my public presentations by booing, shouting, and picketing. In elections for office in scientific societies I was labeled as antifeminist despite being a pioneer feminist researcher on wife beating (Straus, 1973, 1996 as cited in Straus, pp. 225-226, 1992). Suzanne K. Steinmetz, a co investigator in the first National Family Violence Survey, was the victim of more severe attacks. There was a letter-writing campaign opposing her promotion. There were phone calls threatening her and her family, and a bomb threat at a conference where she spoke. (pp. 225-226) Studies such as the National Violence Against Women Survey tend to filter out male reports of victimization because of the â€Å"‘set†Ã¢â‚¬Ëœ of the survey (criminal victimization of women) (Dutton, p. 4, in press). However, the National Violence Against Women Survey in 2000(a) reports that more than 834,000 men are raped or physically assaulted by an intimate partner each year in the United States. This translates into about(I? E(B32 assaults per 1,000 men. (Tjaden & Thoennes, p. 11) Since the respondents in this study were told they were being interviewed about â€Å"personal safety† issues it's quite possible that this number is an underestimate as many of the men may not have perceived the violence that their wives or girlfriends were perpetrating against them as a threat to their safety. (Hines & Malley-Morrison, p. 77, 2001) The Establishment of Services for Male Victims Spreading the word as news of the availability of DAHMW's helpline became more known, calls from men and those concerned about a male relative or friend whom they thought were in an abusive situation started coming in from around the country. A website was created with information on male victimization and other resources and tri-fold brochures specifically addressing IPV against men were designed, printed and distributed through mailings and placements on community bulletin boards. Consequently, two years after its inception, DAHMWDAHMWIPV. as highlighted in the National Crime Prevention Council's book, â€Å"50 Strategies to Prevent Violence Domestic Crimes. † (2002) as, â€Å"[one of] 50 promising programs [that offer] new and alternative methods to aid under-served victims of violent domestic crime including teens in dating relationships, elderly victims of late-life abuse, child witnesses to violence, battered immigrants, male victims, and survivors in the gay and lesbia n community. † In 2003 Verizon began to publish the crisis line in a number of their phone books. Incoming calls to helpline have grown exponentially from fourteen a month in 2001, to over three hundred calls a month in 2006. The vast majority of the calls continue to be from or about a male victim (and children) of female Information gathered from male callers to the helpline suggests that some violent women use highly physically disabling tactics on their victims. â€Å"According to qualitative accounts, several physical attacks [are] reported to have occurred to the groin area, as in the following examples: â€Å"‘G reports that his estranged wife frequently targeted his testicles in her attacks, which included head butting and choking. Police were called to his home six times, one call resulted in the wife's arrest. â€Å"‘ â€Å"‘I was writhing, crying in the corner, I couldn't get up for two hours she kicked me in the groin at least 12 times. â€Å"‘ â€Å"‘She held a knife to my balls and threatened to cut them off. â€Å"‘ (Hines etal, p. 66, 2007) The stigma attached to being a man abused by a woman is profound. Many men report that they were taught never to hit a girl, be strong, do not cry and do not tell your personal business to anyone from their parents and caregivers. There is also a cultural belief that men should be able to defend themselves. However, if a man does defend himself against his abusive female partner and the police are called, the man is the one that will be arrested. When Dwayne Bobbit had his penis cut off by his wife in 1993, it was a big joke for late night comedy. Lorena Bobbitt was found not guilty by reason of temporary insanity. The reaction would have been entirely different had the genders been reversed. (Dutton, p. 148, 2006) Law Enforcement and the Court's Response The concerned family members and the victims themselves to the DAHMW helpline have recounted reports of the lack of concern for male victims: Misconceptions and Realities Feminists' theorists assert that women's violence against men is less likely than men's violence against women to result in serious physical or psychological harm. (Dutton & Nichols, p. 697, 2005) They use this claim to dismiss women's violence against men and male victims. Women, in general, may not be as big or strong as men are, however, what women lack in size and strength they make up for with the use of weapons. Research conducted at an emergency clinic study in Ohio (Vasquez & Falcone, 1997, as cited in Dutton & Nichols, 2005 ) revealed that 72). The authors reported that burns obtained in intimate violence were as frequent for male victims as female victims. As this study demonstrates, community samples, unless they require subjects to self-report as crime victims, show a different and more equivalent pattern of violence by gender than that alleged by the(I? E(Bfeminist perspective(I? E(B. Regardless of the variations in the studies, two conclusions seem reasonable: (1) women are injured more than men, and (2) men are injured too, and are not immune to being seriously injured. Simply because the injury rates are lower, men should not be denied protection. (Dutton & Nichols pp. 97-678, 2005) The feminist perspective of IPV being predominantly patriarchal in nature also excludes much of the victims in LGBT community. The LGBT community has had to set up their own domestic violence shelter programs that primarily or exclusively protect, educate and serve LGBT individuals who are victims of IPV. (e. g. see the www. gmdvp. org, w ww. lagaycenter. org/FamilyViolence etc ) According to Helfrich & Simpson (2006) lesbians have a difficult time accessing services through the traditional battered women's shelter programs due to the lack of policies to screen lesbian survivors and identify batterers. Lesbian batterers may use deception to access services through the same agency as the survivor and there are little to no stopgap measures taken to deal with those situations. (p. 344) Beyond Patriarchy, Alternative Theories on IPV Dutton (2006) asserts that the best predictor of intimate partner violence is not gender but personality disorder (p. 153). Since the beginning of the battered women's movement, researchers who have studied maritally violent men have often treated batterers as a homogeneous group. They have measured violent husbands by comparing them to nonviolent ones. However, more recently they have found that violent husbands vary along a number of important dimensions, including severity of violence, anger, depression and alcohol abuse. (Holtzworth-Munroe & Stuart, p. 476, 1994) More recently, researchers have begun to investigate what attachment styles and personality disorders have to do with IPV. The focus for this paper regarding typologies of batterers is on the dysphoric/borderline subtype and so a full description of each subtype of batterer is beyond this review. For more information of the various subtypes please review, Holtzworth-Munroe & Stuart, 1994; Holtzworth-Munroe et al. 1997; Holtzworth-Munroe et al. , 2000; Waltz et al. , 2000; Babcock et al. , 2003; Carney & Buttell, 2004) Researchers have found that batterers are more likely a heterogeneous than a homogeneous group and within that heterogeneous grouping various subtypes of batterers exist. Seminal research done by Holtzworth-Munroe and Stuart (1994) studied violent men and ascertained various typologies of male batterers. Holtzworth-Munroe and Stuart categorized three major subtypes and they labeled them, family only, dysphoric/borderline, and generally violent/antisocial. (Holtworth-Munroe & Stuart, p. 76-482, 1994) Holtzworth-Munroe and Stuart described dysphoric/borderline batterers as those who engage in moderate to severe wife abuse as well as psychological and sexual abuse. Their violence is primarily towards the family; however, they suggested that some extra familial violence and criminal behavior may be evident. Additionally, they found that these men are the most dysphoric, psychologically distressed, and emotionally volatile and that they have evidence of borderline and schizoidal personally characteristics. The may also have problems with alcohol and drug abuse. (ibid. According to Dutton (2006), â€Å"Across several studies, implemented by independent researchers, the prevalence of personality disorder in wife assaulters has been found t o be extremely high. These men are not mere products of male sex role conditioning or â€Å"‘male privilege†Ã¢â‚¬Ëœ [as the feminist theory of IPV suggests]; they possess characteristics that differentiate them from the majority of men who are not repeat abusers. † (p. 185) In addition to research on subtypes of batterers, there is also evidence to suggest that early attachment has bearing on what type of person may have the propensity towards perpetrating IPV. Buttell et al (2005) states that the presence of batterer subtypes is widely accepted in the field and that findings from [their] study seem to suggest that issues of attachment and dependency may be related to the development of an abusive personality for one type of batterer. They state that if true, efforts to improve intervention may need to focus on distinguishing batterer subtypes and developing intervention strategies relevant to the need for each subtype. (p. 216) Attachment styles may be the key to unlock many doors for both female and male perpetrators of IPV. Dutton in his book, The Abusive Personality, reiterates Bowlby's findings on attachment styles: In his landmark series of books entitled Attachment and Loss, Bowlby developed the notion that human attachment was of ultimate importance for human emotional development. In his view, it had sociobiological significance. His views encompassed the possibility of individual differences that came to be called â€Å"‘attachment styles'† referr[ing] to entire constellations of thoughts and feelings about intimacy. Reactions to the satisfaction or dissatisfaction of early attempts at attachment set up life-long attachment styles described as secure, fearful, or dismissing. The dismissing people tend to be wary of and stay out of relationships. The secure ones are comfortable with closeness. The fearful ones are stuck in the middle, exhibiting ambivalence toward intimacy and to those with whom they are emotionally connected. (as cited in Dutton, p. 116, 1998) Dutton (1998) further postulates that this push-pull reaction of the fearful attachment styled person resembles the ebb and flow of what he has coined the â€Å"cyclical personality. Dutton reports that in his notes on phrases used by female victims to describe their male batterers (who were clients of Dutton's) there was a recurring theme. They would express that their partners would act like â€Å"Jekyll and Hyde† and appear to be two different people at times. They also said things like, â€Å"He's like living with an emotional roller-coaster,† and describe their mates as moody, irritable, jealous and changeable. (p. 53) This cycling was first recognized by Lenore Walker in her book, The Battered Women, as the â€Å"‘battering cycle. â€Å"‘ (as cited in Dutton, ibid. As Dutton set out to gain some understanding of a cyclical or phasic personality he came across a book by John G. Gunderdson entitled, Borderline Personality Disorder: Dutton's research regarding attachment, borderline and the batterer's cyclical personality has been focused on male on female IPV, however, in his recent book, Rethinking DV, he discusses female perpetrators: Recent research has begun to explore the role of [fearful attachment, borderline traits, and chronic trauma symptoms, which generates what Dutton calls the abusive personality] among female perpetrators of partner abuse. Follingstad, Bradley, Helff, and Laughlin (2002) generated a model for predicting dating violence in a sample of 412 college students. (as cited in Dutton, p. 201, 2006) They found that anxious attachment resulting from early life experiences led to the development of an â€Å"‘angry temperament,†Ã¢â‚¬Ëœ which in turn related to attempts to control and use abuse against an intimate partner. The model predicted abusiveness for both genders (ibid. ) Other researchers have also hypothesized about subtypes of abusive males and females. For instance, Buttell et al (2005), states that researchers are beginning to explore the role of attachment theory and develop hypotheses on abusive behaviors relevant to different subtypes of abuser in order to improve intervention efforts for batterers. (p. 211) Gormley (2005) concluded that, â€Å"Insecure adult attachment orientations affect half the adult population, helping to explain the prevalence of men's and women's IPV. Women with insecure adult attachment orientations may be as much at risk as similar men of psychologically and physically abusing romantic partners, oing damage to relationships they may be socialize to value highly(I? E(B. † (p. 793) Female Batterers Scant research has been done on female batterers; however, due to the changes in mandatory arrest policies more women are being arrested than ever before. The debate about whether or not women perpetrate IPV has changed noticeably of late due in part to the fact that women are increasingly being arreste d, prosecuted, and sentenced to intervention programs for domestic violence offenses. Women's arrest for IPV is a direct result of legislation that has mandated the arrest of perpetrators in cases where police become involved when a domestic dispute has occurred. Warrantless arrest legislation gives police the power to arrest the abuser and press charges themselves when called to a domestic dispute. The victim no longer needs to press charges against the perpetrator. The arrest of women was certainly an unintended consequence of this legislation and has had a dramatic impact on the national debate regarding female initiated IPV. Carney & Buttell, p. 249, 2004) Feminist theory of IPV has created a dilemma regarding intervention services for female batterers. At present, the most prevalent legislated BIP's the system has set up are for dealing with batterers comes from the feminist model of IPV. Female batterers who are convicted of domestic assault and court ordered to attend a BIP have little choice but than to attend the feminist model of BIP's when court ordered to do so. (Carney and Buttell, p. 50, 2004) In addition, research on these [Duluth Model] BIP's indicate that few men who complete treatment benefit from it to the extent that they demonstrate positive changes in their behaviors. Of course, if men are not benefiting from a program that is specifically designed for patriarchal batterers then certainly abusive women will benefit even less. (ibid. ) According to Babcock & Siard (2003) some of the women arrested could have been acting in self-defense and were therefore falsely arrested but others with extensive violent histories may in fact be primary aggressors. p. 153) Men who are arrested are not given the same latitude. Babcock et al. (2003) mentions that in a study of women arrested for IPV, Hamberger and Potente (1994) found women who could clearly be identified as primary aggressors of IPV, yet in the treatment setting they were generally treated the same as those women who used self defense. (as cited in Babcock & Siard, p. 154). B abcock et al. (2003) proposed two categories of female batterers, those that were partner-only and those that were generally violent. The partner-only category covered women who may be more likely to use violence in self-defense and the generally violent women (of more interest for this paper) were women who used violence in any manner of situations including against their romantic partners. (pp. 153-154) Many studies on male batterer's include reports from their female victims; however, the researchers in this study did not ask the male victims for reports of their partner's violence. Iit is interesting to note that violent women were asked to report on their male partner's violence against them. (p. 57) They further note that power and control seems to be an issue for some abusive women and they suggest that women's power and control issues, traumatic histories, and psychological distress should be explored and indicate that clinicians may want to assess for psychopathology (i. e. post-traumatic stress disorder, borderline personality disorder, etc. ) (ibid. ) Recent studies have found that women's and men's viol ence share similar correlates (Giordano, Millhollin, Cernkovich, Pugh, & Rudolph, 1999; Magdol, Moffittt, Caspi, & Silva, 1998; Moffitt, Robins, & Caspi, 2001 as cited in Babcock et al, p. 53, 2003) therefore, they may also share similar motivations and circumstances. Female Batterers from Victims Reports Hines et al's (2007) research provides some insight into female batterers from their male victims. â€Å"Female abusers likely have a history of childhood trauma, may be suffering from a mental illness, and are likely to use alcohol and/or drugs. Further, these women have a high rate of threatening either suicide and/or homicide. † (p. 9) As previously stated, women have been asked to report on their male batterers and although this is not the ideal way to obtain information on batterers, feminist researchers have been gathering information in this way from battered women in shelters for years. (e. g. Walker, 2000 as cited in Hines et al, p. 69, 2007) Conclusion Men are vict ims of female perpetrated IPV and need services such as shelter, legal aid, support and counseling much the same as their female counterparts. Additionally, men's reports of victimization should not be called into question but treated with the same respect as women's reports. Protocols should be put in place within the domestic violence shelters programs, for law enforcement and the courts that will screen out potential female and male batterers so that victims are not judged by their gender. There is a dearth of research of female batterers and what has been presented from the feminist theory suggests that violent females use violence in self-defense. As we move away from the feminist theory of IPV researchers are discovering that childhood trauma, insecure attachment styles, mental illness, and/or alcohol and substance abuse play a role in IPV for both genders. Not all male batterers fit into the feminist theory of IPV, there are subtypes of batterers and attachment style plays a role in who perpetrates IPV. The subtype that is the focus of this paper is that of the borderline, cyclical batterer. Female batterers also show symptoms of having subtypes evidenced by reports from male callers to the DAHMW. Studies are beginning to assess psychological factors that predict female intimate partner violence. What is emerging is evidence of personality disorder, attachment style, and constricted affect that has also been seen in male abusers. Female abusers share much of the same traits as male abusers especially antisocial and borderline personalities. (Dutton, p. 203, 2006) As Babcock et al. (2003) explain, â€Å"[the] feminist perspective should be holistic, examining both the positive and negative sides of women's behavior. Bringing attention to some women being in the role of perpetrators, not solely as the victims of intimate partner abuse, involves viewing women as they are, not as we would wish them to be. † (p. 160) References About The Author

Sunday, September 15, 2019

Best Practices in Hr- the Journey of Tata Group

Businesses thriving in harsh environment have an ideal higher than personal profit. There is a common thread that drives them forward for years. This common thread is represented in the core values established by the founding fathers. Businesses that integrate people with the broader goal of sustainability by this common cord are those that live. There is a pioneer of these value driven business practices in the history of corporate India, the TATA group. Understanding the journey of Tata group in the perspective of HR practices can help us examine the role of people or employees in the success of an organization.For this let us understand the core values of the founding father of this business community. [pic] [pic] Jamsetji started the business when India was entering the final phase of colonization. Having met with obstruction and harassment in pre-independence India he adopted a new ideal for his business ‘Community capitalism’. According to eminent Japanese scholar Haruo Funabashi ‘Jamsetji had a more holistic perspective, however. His focus was not the trees but the forest—that is, not the individual stakeholders but the community in the largest sense’.All his efforts whether building a world class hotel or sprawling townships, had been aimed at the greater good of community and nation. Community capitalism is a ‘people first’ approach to business. Jamsetji was the stalwart of HR innovations. In a time when workers were treated as ‘Cogs in wheel’, he voluntarily considered their functional limitations. He provided them with benefits like eight hour working day, free medical aid and maternity benefits long before the government mandated these provisions.By aligning his business aspirations with nation building he engaged in greater community development. All this contributed towards creating a motivated workforce. [pic] The ideals of Jamsetji were carried forward by subsequent Tata leaders. Each le ader synergized these core values with new ones that were the call of his times. JRD Tata sometimes referred to as ‘Chairmen’s chairmen’ brought about a ‘value shift’ in the HR practices. He was a strong believer in a merit and believed in professional management of the group companies.It was this conviction that led him to steer the policies from Human Resource management to Human Resource development by nurturing leaders. His commitment to merit and professionalism ultimately led him to form Tata Administrative services and Tata Management training centre that became breeding grounds for future business leaders. His vision served the group well. Russi Mody, Sumant Moolgaokar and Darbari Seth became beacons of Tata leadership and were instrumental in generating wealth for the group and the country.JRD also understood the crux of successful labour relations. Tata steel became one of the first companies to have a dedicated Human resource department to make workers feel valued after there were frequent tense labour situation despite being treated exceptionally well; indicating worker discontent. JRD was quick to sense that workers had started to feel like parts of a machine. So he made them feel wanted by forming a department just for them. This is why Tata group is considered champions in personnel relations. [pic]The next generation witnessed Ratan Tata’s phenomenal leadership that coincided with unprecedented economic liberalization in India. He envisioned a strategic plan of institutionalizing a stronger collective identity of the Tata group in changing times. The new value he created can be held as ‘Osmosis’, a process of conveying cultures, beliefs and values across group. Efforts like displaying a common logo helped to ingrain common ethos in all Tata companies. But a bigger change had to be dealt with too, The Changing employee aspirations.Ratan Tata soon realized that the generation of employees he is dealing with wanted personal growth and career advancement. Ratan Tata aligned these personal pursuits with business goals by HR practices that can fall under ‘Disruptive innovation’. Integrated HR system, BSC, Brockbank model, HR gurukul, TBEM etc are all part of this alignment. Some may argue that such performance oriented system is against the core values of Jamsetji, who never believed in punishing the weak and rewarding the strong.But it cannot be ignored that with their present policies Tatas do reward the best but do not punish the weak. Performance based layoffs in Tata group are highly uncommon. To sum up Ratan Tata’s vision of Osmosis has only strengthened the foundations of Tata values across group. This belief is mirrored in the chivalry displayed by the Taj hotel staffs during the terrorist attack that was preceded by similar acts of the staff of another Taj group hotel in Maldives during the Tsunami in 2004. The future for both these companies thro ws the challenge of working in a Flat world.With the Tatas going global with M;As and software industry expansion communicating common values across cultures has become a problem. HR initiatives to meet this challenge are yet to be seen. The future roadmap for HR practices in the Tata group should account for the cultural dimension. The HR heads should also be prepared for a new generation of potential employees that is being prepared by a changed society and educational environment. Gauging needs and ambitions of this generation is especially important.Moreover with a change in top leadership this year speculations are high on the changes in HR management of Tata group References Toward a Sustainable Business Model for the 21st Century Haruo Funabashi www. tata. com – visited on 10 September 2012 ———————– BEST PRACTICES IN HR- THE JOURNEY OF TATA GROUP ‘THE OSMOSIS’ – PERPETUATING CORE VALUES ACROSS COMPANIES AND CULTURES IN TATA GROUP ‘THE VALUE SHIFT’-FROM HUMAN RESOURCE MANAGEMNET TO HUMAN RESOURCE DEVELOPMENT ‘COMMUNITY CAPITALISM’- BUSINESS AIMED AT COMMUNITY BASED DEVELOPMENTFORNATION BUILDING ‘In a free enterprise, the community is not just another stakeholder in business, but is in fact the very purpose’ –Jamsetji Tata â€Å"To be a leader, you have got to lead human beings with affection† – JRD TATA ‘’One hundred years from now, I expect the Tatas to be much bigger than it is now. More importantly, I hope the Group comes to be regarded as being the best in India, best in the manner in which we operate, best in the products we deliver and best in our value systems and ethics’’ – Ratan Tata

Saturday, September 14, 2019

Strikes in the Early 1930’s

Strikes were common place in the early 1930†³s in all industrial and manufacturing corporations. They were used to win power away from the corporate giants, and put it in the hands of the working class. Labor used strikes for a variety of reasons, some for higher wages, some for working conditions, some for safety on the job, and still others for recognition. In a book entitled, â€Å"I Remember Like Today: The Auto-Lite Strike of 1934† Philip A. Korth and Margaret R. Beegle compile an oral history account of this fight for the rights of the working class. To gain the knowledge acquired for this book, the authors searched high and low to ind the living survivors of this turning point for organized labor in Toledo. After discovering the individuals who could help, the investigators interviewed and then recorded the men and women†s accounts of the strike. Then they transcribed the interviews verbatim. This method provides for a more personal approach to learning what had happened in the strike. It allows the reader to see what actually happen through the The book is a collection statements, stories, and feelings of the men and women involved in the strike. Each individual tells their story based on headings, and that is what complied the chapters. In this method, the reader gets to hear all sides of the story because Korth and Beegle get some who were union supports, union organizers, some who were strike breakers, management. Certainly no critic can say, this book only tells one All of the forth-coming events, activities, and problems took place in Toledo, Ohio at the Electric Auto-Lite Company. The Electric Auto-Lite Company was a part of the automotive assembly industry. It used mainly unskilled workers to operate the machinery, and the machinery was that There were two separate strikes at Auto-Lite. The first was used to orce the company into recognizing the union; that was the first step towards collective bargaining†¦ recognition. It stared on February 23, lasted only four days, and resulted in the reinstatement of the 15 workers who walked out, and an agreement. The workers won the battle but that was a long way from winning the war. Auto-Lite gave the union a 30-day contract, which basically stated the company would recognize the union for thirty days, but even in that thirty days the company refused to recognize the union as a bargaining representative of the workers. When this thirty ays reached its conclusion, the union was no better off then when it started. In fact in those thirty days the company was preparing itself for a strike. They started mass hiring new workers, so they could keep running the company if the labor walked out. The second strike began on April 13, and consisted of some 400 Auto-Lite workers. The strike seemingly divided the work force equally, as many went in as picketed. Then on May 3, a court injunction restricted the number of picketers at one time to a minuscule twenty-five. This rallied the surrounding men and women in the area to unite and break this injunction hat limited all of their freedom. On May 21, 22, and 23 more then 6,000 men and women united in front of Auto-Lite to hear speakers and to protest the company, along with protesting the court injunction. This is when the real trouble started for the company and the picketers. On May 23, A young women by the name of Alma Hand was stuck by a steel bracket which caused a riot among the crowd, and which initiated a raid on the building. The deputies fired tear gas at the would be invaders to stop them from storming the facility. That night a raging crowd refused to allow the scabs off the premises. After this episode, the Ohio National Guard was called in to restore the peace. These guardsmen only worsened the situation. On the next day, May 24, they charged the crowd wounding 12, then firing their rifles and killing one, then later that same day, they fired once again wounding two more picketers. By the 26th of May, with demands that the plant be closed and the Guard withdraw, another tragic confrontation occurred. The crowd attacked the Guard, 200 were injured and 50 were arrested. The plant remained closed for the following week and did not reopen until June 5. At this point, the strikers had emerged victorious. After all the hardships, injuries, and deaths, the union had been established and recognized. This was a shallow victory at first due to a number of circumstances. First of all, the old workers who remained at work throughout the strike had preference during the rehiring process. Secondly, betrayers who associated themselves with management formed their own bargaining organization called the Auto-Lite Council. This organization acquired for them preference in rehiring. The Auto-Lite Council soon diminished in numbers, while Local 18384 was increasing dramatically. This was due to the realization that the strikers were the ones who had won them collective bargaining, not the Auto-Lite Council. Therefore, their loyalties lied with the organization that had created the situation in which they had more power, respect, and The Auto-Lite strike is a perfect example of how the labor movement has advanced. The first strike only involved a mediocre 15 men. The second strike reached out to about 50% of the work force. The men and women of Auto-Lite had embraced their union and made it their own. This represents the labor movement because at the start only about million workers were unionized. At the pinnacle of the movement nearly 50% of the work force was organized, the number was in excess of 10 million individuals. Workers saw how the union could help them. They saw solidarity and unity, which when combined produced a force to be reckoned with. The union provided for higher wages, more benefits, and better working conditions. This idea is what attracted more members and this belief is what united the men and women at Auto-Lite. The strike also represents the risks and hardships accepted by the organizers who take on the challenge of forming a union. The 15 who went out in the first Auto-Lite strike took the chance of losing their jobs and hampering their families welfare to form a union just to help every worker in the plant. The men also accepted that they were going to lose their jobs and would have to fight for reinstatement. But all the risks taken, and all the brief hardships felt were well worth it considering the ends. Their union was recognized. Not to the extent they wished, but nonetheless they won recognition, which catapulted them to eventual complete victory. This result was not always the case. In some strikes the union failed nd the workers lost big. To the credit of the workers, their supporters, and their organizers the men and women of Auto-Lite were triumphant and won the fight of all fights; to gain respect, power, and recognition. This event was the turning point in labor relations in the city of Toledo. It gave confindence and self worth to the working class, and stripped the company management of their unimpeded omnipotence. The Auto-Lite Strike of 1934 changed the entire way that company operations were run, and for that, those who work in Toledo should be applauded, and recognized for the achievements they accomplished.

Friday, September 13, 2019

Divorce(should we reform laws to make it harder to get a divorce) Research Paper

Divorce(should we reform laws to make it harder to get a divorce) - Research Paper Example However, there seems to be great differences in divorce activities among countries, due to variation in law. Historically, the divorce rate has been low in most of the Muslim countries, probably because of the traditional systems of organized marriages and polygamy. Despite of all these efforts, the divorce rates have soared in most of these countries as Women rebel their culture, and engage in businesses across the globe. There are various reasons attributed to cause divorce, ranging from economic and social factors among others. Over the past one decade, people have blamed economic inflations and recession, infidelity, domestic abuse, unusual close attachment to biological family, communication problems, lifestyle incompatibility, and failure to reach expectations among others. As a result, in the aftermath, it affects the families, children, and the communities, not only in the physical aspects, but also psychologically. Hence those seeking divorce and the law offering it should b e mindful of its negative consequences. Short term outcomes: These effects could develop in the process or immediately after the parents’ separation, probably in first two years. Some could occur and end completely, but others could keep reappearing based on the situations the children are engage in. First of all, there are those kids who feel responsible for their parents divorce, therefore, the guilt they have separates them from their parents, not knowing how to resolve the situation. Normally, the children who are always making their parents argue due to their irresponsibility or violence in their past, get to feel so. Remember the children’s personalities differ; hence as some feel guilty, others develop anger and resentment towards their parents for breaking up (â€Å"Effects of Divorce,† separation.ca). It is good to understand that children have different needs and in the surfacing of a divorce, they fail to understand why the two grown ups cannot resolve their

Thursday, September 12, 2019

Influence of Technology on Society Essay Example | Topics and Well Written Essays - 1000 words

Influence of Technology on Society - Essay Example According to the paper findings the impacts of technology are both negative and positive. On the positive side, technology has make things easier in the way people do activities, keeps time, boosts production, and abridges communication, enhanced educational settings and enhanced health care. On the negative side, advancement in technology has made people lazy as most users of technology are so dependent on new advanced tools. The implication is that the laziness has led to reduced innovation, influenced the environment due to increased pollution that has adverse impacts on the Ozone layer resulting in global warming. Technology has also led to increasing risks to health as technology users spend less time on exercise. Regarding education, learners are now more dependent on computers and calculators to solve simple tasks, which mains that they cannot teach their brain to resolve easy tasks that makes them inactive in classrooms. However, the following are positive effects of technolo gy that have transformed lives.This discussion highlights that  advancements in technology have assisted businesses and companies save time and production expenses that have been a benefit to all enterprises as companies manage such improvements to gain competitive advantage.  Advancement in technology in health care and medicine has assisted in saving countless innocent lives. Human health sciences and medicine have improved significantly.

Wednesday, September 11, 2019

Constantin Brancusi Essay Example | Topics and Well Written Essays - 2500 words

Constantin Brancusi - Essay Example On the other hand his sculpture was influenced by the traditional Romanian motifs, so the past was not totally vanished. Born in a small village from Romania, a country not yet so developed in many fields, Brancusi enjoyed a peaceful life, in the middle of nature. In the past and even nowadays the Romanian peasants decorated their houses with traditional signs, motifs, that later appeared in Brancusi's works next to the avant-gardist ones. At the same time each of his sculpture has a theme or several ideas. So, the redefinition of the form begins with the transformation of antic in something modern, of an easy work into something more difficult to understand. Brancusi's originality lays in the inner strength of his sculptures, in the geometrical and simple forms. These came from his country values: simplicity and love for nature. Constantin Brancusi was not so well received by the contemporaries because his sculptures were not facile, and could not be understood by everybody. In Romania, his natal country, his genius was recognized only after 1964 when the authorities started to arrange and to take care of the monumental assembly(containing The endless Column, The silent Muse, The gate of Kiss, etc) from Targu-Jiu. In spite of some unfavorable critics, in 1912 he received his first prize at the Bucharest Drawing-Room, and a year later his works were presented in many exhibition in New York, Paris, Chicago, Bucharest, Munchen, London, so it can be said that his recognition came during his life, but it was not according to his real value. In time this thing changed, the proof is that he is considered nowadays the greatest sculptor of all times and that one of his sculptures from Bird of Space collection was sold in 2005 for $27.5 million, being the highest sold sculpture ever.His country influenced him very mu ch but the abroad studies were also very important. After studying at the Beautiful Arts School from Bucharest he studied in Paris, being for a period an apprentice in Rodin's workshop. He didn't stay here so long, because he was aware of his capacity and that a real sculptor could not develop under the mentorship of another great sculptor: "nothing can grow at the shadow of the big trees(at the shadow of an oak tree cannot grow any other tree)"3. Constantin Brancusi was aware of the fact that he saw life and art differently and did not want to undertake somebody else opinions, forms and experience because he knew that in this way he would not be able to grow, creatively speaking. This doesn't mean that Rodin didn't inspire him, but he knew when to stop and when to put his own print. He believed that a creator should work with his three coordinates: his divine side, his royal side, but , at the same time he should commit himself totally to the work. Constantin Brancusi's forerunners over loaded the sculptures, using obscure forms and mysteries, thinking that in these lay their value. They couldn't use their innovative spirit and they couldn't believe they can create through

Tuesday, September 10, 2019

Causes of the Financial Crisis Essay Example | Topics and Well Written Essays - 1250 words

Causes of the Financial Crisis - Essay Example The analysis takes a global outlook to examine the various issues connected with the financial turmoil which is believed to be begun as a result of U S mortgage crisis. There are divergent opinions as to what caused this global phenomenon that resulted in the ravage and meltdown of stock markets in almost all countries. The present chapter, however, throws lights on the reasons that are generally believed to have contributed to the most distressed global crisis The US originated crisis started late in the 20th century became acute in 2007 from the US subprime lending market like a distant tornado. More than two million homes financed by subprime lenders were expected to face foreclosure in the period of crisis and nearly 17% of subprime mortgages issued so far were projected to fail (Center for Responsible Lending). The roots of the current US subprime lending crisis can be traced back to the spiraling housing prices in the first half of this decade. Extremely low lending and borrowing rates increased the demand and supply of existing and new houses. Several institutions started offering subprime mortgages, to borrowers who had unfavorable credit history, at lower than normal repayment interest levels with little or no down payments. Many investment banks and hedge fund owners began to bet on this new aspect of the US economy. This had allowed investors to avail themselves of loans at low interest rates and invest them in higher yielding a venues. But soon with the US Central Bank (Federal Reserve) initiating a series of interest rate hikes leading to the increase of cost of borrowing to 5.25%, which is the maximum since the last half a decade, and a simultaneous decrease in housing prices, the subprime mortgages were reset at high rates leaving the borrowers to foreclose their accounts and miss payments (Lawrence 2000). As an outcome, financial institutions and banks with mortgage securities incurred huge losses and had to trade their assets leading to subprime lending crisis. Even though "Countrywide Financial", the biggest mortgage lender in the US, managed to withstand this crisis owing to the diversification in writing of the loans, other big players like New Century Financial, DR Horton, Weyerhaeuser and American Home Mortgage are all reeling under its impact (Kenneth 1990). 2. Low Inflation For 15 years the US economy had long and continuous economic expansion with low inflation. The US economy was following an expansionary monetary and fiscal policy. There was excess liquidity in the economy. During this period, the rate of interest was very low and there was a housing sector boom. During this good time, financial institutions, particularly investment banks showed a lot of interest in providing housing loan. They took heavy risk and made huge profits. High profits encouraged the banks to take higher risk. High leveraged transaction with life covenant became the norm. They started providing loan to prime as well as subprime borrowers though the borrowers did not have the capacity to repay the loan if the interest rate would go up. Loans were given on the assumption that housing prices always would go up and in the initial stage; borrowers were charged lower interest rate. 3. Fall of Major Investment Banks and Financial Institutions The

Monday, September 9, 2019

Critical Thinking Analysis Assignment Example | Topics and Well Written Essays - 750 words

Critical Thinking Analysis - Assignment Example They have used nutritious attractive palatable words to our ears that if not verified using high definition quality glasses then the society may consequently end up with skewed information. These vindications should be filtered in the screens of truth with voices of reasons to come up with authentic information rather than assertions without evidences (Bowers & Ramalho, 2010). It is prudent to understand that as much as the graduate programs should be aligned to skills that develop human person holistically, authentic leadership is a vital ingredient to any form of leadership. It spices leadership to unimaginable heights. To inculcate authentic leadership, one needs to examine his or her internal compass (George, Sims & Gergen, 2013).Those intuitions that drive an individual to determine what is wrong and right and despite influence from the external surrounding they stand firm and unshaken in terms their values. True self evaluation pulls individual towards leadership. Furthermore, those who are driven by the desire to propagate the above inclination have always believed that their generation was much better than the succeeding generations. For this reason, they don’t factor in the changes and dynamics of evolution that have taken place from there generations. The climates of trends that are emerging every minute in our society today are clear man ifestation that changes are eminent. Understandable the most startling thing in life is change. They have failed to acknowledge change as time flies at incredible speed (Houser & Oman, 2011). Signature pedagogy is described in the articles as one of the daunting challenges to professional education where if inculcated then one can think with them. As much this is real, it should be noted that this signature deludes professionals who are not welcome to diversity and dynamics of societal issues. They are normally unable to

Sunday, September 8, 2019

Financial economics Essay Example | Topics and Well Written Essays - 2500 words

Financial economics - Essay Example Theories that have brought about pop assume that at some circumstances, it would cost exactly the same number of for exampleUs dollars to buy euros and then to use the proceeds to purchase the same basket as it would cost to use those US dollars directly in buying the market basket of goods. For example, a cake that sells for C$1.50 in Australian city should cost US$1.00 in a U.S. city when the exchange rate between Canada and the U.S. is 1.50 USD/CDN. (Both cakes cost US$1.00.) Therefore, the fundamental for PPP is the "law of one price". Consequently, on elimation or assumptiontransportation and other transaction costs, competitive markets will have same price for identical good in two countries, on expressing the prices of involved countries into the same currency. The concept and principle of purchasing power parity enables and aids in estimation of what the exchange rate between both currencies should be in order for the exchange to be the same with the purchasing capability of the currencies of the two countries. Thus, when a countrys domestic price level is increasing as it is in the case when it is experiencing inflation that countrys exchange rate must depreciated so as to stabilize the PPP. PPP exchange rates is significant in that it helps to avoid inaccurate and erroneous international comparisons that arise due to use of market exchange rates. A good example is when two countries output similar physical amounts of goods in two separate years. Due to adverse fluctuation in market exchange rates when the GDP of one country (measured in its own currency is converted to the other countrys currency using market exchange rates) one country can be deemed to have higher real GDP than the other country in one year but relatively lower in the other; both of these comparisons wouldmiss-reflect the reality of their relative levels of