Explain the structure and objectives of the UK and US regulatory Essay

Explain the structure and objectives of the UK and US regulatory systems and assess whether they are capable of regulating the f - Essay Example It will then discuss the Dodd-Frank Act passed by the United States Congress and conclude with an estimation of the efforts of both countries. UK Financial Regulatory Measures In the UK several reports were made that reviewed the global recession crisis with the purpose of offering corrective suggestions that would bear on the regulation the financial service industry. The important ones were the Turner Review, The Treasury White Paper on Reforming Financial Market, and the Walker Report that dealt with corporate governance. The first important report was produced by Lord Adair Turner. In May, 2008 Turner was appointed Chairman of the Financial Services Authority. By the Bank of England Act 1998, the Tripartite Authorities was created consisting of the Her Majesty's (HM) Treasury, the Bank of England, and the newly created Financial Services Authority (FSA). The FSA took over bank supervision services from the Bank of England. Turner is an insider of the both the UK and the US financ ial markets. In the United States he worked for Chase Manhattan Bank from 1979-92 and for Merrill Lynch Europe where he serviced as Vice-Chairman during the period of the recession, 2000-2006. In 1994, Turner became a director of the influential American consulting firm McKinsey & C. Turner presented a formal talk to the Bank of India in February, 2010. The event was the 14th C.D. Deshmukh Memorial Lecture. He made several observations that foretold ways in which the U.K. would be concerned with meeting the economic crisis. Financial transaction taxes could be used to control Short-term speculative inflows. Capital requirments against trading activities and leverage constraints on bank and non-bank trades were practical tools Macro-prudential tools could be used to warn off asset price bubbles and not interest rate levers. Turner's remarks were essentially in accord with the May, 2009 Turner Review. The review went against the efficient market theory that was often used to support a stance of self-correcting markets. It stated, "Market efficiency does not imply market rationality", making a note of "self-reinforcing herd effects and of prices overshooting rational equilibrium levels" (Turner, p. 40). Suggestions made by the report included raising the amount of capital in the global banking system; requiring capital against book trading activities; enforcing the role of regulators to avoid and check unnecessary procyclicality; introducing a maximum gross leverage ratio; intense supervision of bank liquidity positions and use of a core funding ratio to be reflected on balance sheets. Regulation should be based on economic substance as opposed to legal form and unregulated financial institutions should fall under the authorities of regulates. Regulation standards under global agreements should apply to offshore financial centers. Retail depositors should be generously covered by deposit insurance. Credit rating agencies were addressed to avoid conflicts of inter est under dictates of good governance and structured finance ratings should stand review within the Basell II framework. Credit Default Swaps should fall under "clearing and central counterparty systems". Macro-prudential analysis should be used by the Bank of England and the FSA and

Some Productive Ways Students Can Spend Their Leisure Time Essay Example for Free

Some Productive Ways Students Can Spend Their Leisure Time Essay Leisure time may not come very frequently for students and should therefore be used wisely. Students should value this time as taking time out from their set routine of studying is of vital importance.Leisure time can be used for reflection, relaxation and setting goals into perspective.A good start would be to create a list of activities they would like to accomplish.They can then schedule these activities.These activities should bebeneficial to the body and mind. Staying healthy and activeis vital for a well balanced life. A good diet with nutritional meals is important for students who want to stay healthy. Being active can lead to one having increased energy and can be relaxing as well! This does not need to include a rigirous exercise routine but can include a walk to the park to get some fresh air.Cleaning out personal belongings by tidyingup and organising is also a form of staying fit and can lead to a great sense of accomplishment when completed. Students can stimulate their minds by meditating or learning new skills. This time can be used to try something they have wanted to do for ages but never had time for. There is perhaps even a book they have wanted to read. This can be relaxing and build up ones vocabulary at the same time! They could find their creative side by starting a hobby which can reduce stress and keep their minds active and creative. They can also use their time to reflect on their studies by looking at what they have learnt and what they may need to place more focus on. Ensuring they are up to date with everything will give them peace of mind. Reviewing of the list of activitiesplanned is important as students will be able to see what they have accomplished during their leisure time. Crossing off activities will motivate students as they will see the goals they have reached and lead to them set new milestones. Time needs to be made to clear theirminds and gain perspective of the path they are following in life. This is crucial for self developmentand fulfillment of personal and developmental goals. Students need to focus onspending their leisure time on activities that ar e beneficial, worthwhile and will lead them to feeling empowered with a sense of accomplishment.

Free World Economy :: Economy, Currency, Dollar

In Money, Markets and Sovereignty Steil and Hinds argue that globalization is beneficial for all but because of the uncertainties of the current monetary system governments and globalization clash as governments work to protect their currency. They argue that because of the perceived stability of the dollar the in order to create the most open and prospers economy developing countries should use the dollar in favor of the local currency (131). They show the historical benefits of using the gold standard instead of paper (fiat) money but they also show that it unadvisable for the United States to go back to the gold standard at this point in time (68). Steil and Hinds argue that if a developing country really wants to integrate into the world system they should stop using their local currency instead use the dollar or euro. This is a currency the locals want because of the stability this will bring an end to the countries monetary sovereignty but will lead to economic progress in steil and Hinds eyes (130). This opening of the countries’ economies will lead more investment in the country as investors no longer have to fear the rapid changes in value that is associated with currencies in developing countries. In these countries multinational corporations can find lower production costs and help bring the economy into the world market (111). Countries that have opened there economies to the multinational corporations and outside investment have had their per-person GDP rise which they argue is a great thing (115). This is in comparison to a country with strong monetary sovereignty and closed economy which they call a â€Å"de ad-end street† to prosperity (115). Steil and Hinds argue that money came in to use in the world not by the will of governments but by the will of merchants, then when governments too charge of issuing the money it was usually for personal profit and they routinely changed the value of the money to tax the people using it. (66-67). They also show that the idea of fait money (paper) that is not back by something valuable (gold) is a relatively new thing, the United States got of the gold standard in 1971. The historical gold standard they show to have little inflation and very few on the problems with modern currency that’s value is in the trust placed in it (105). As the main currency in 18-19 centuries the British pound sterling is good example of what was so great about having your currency in gold.

Writer’s Block: A Comparative Analysis Focusing on Rhetor Essay

Once upon a time there was a young maiden named Cinderella who lived with her wicked stepmother and two ugly stepsisters. There was a ball where the Prince danced with a beautiful maiden. However, at the stroke of midnight, the young woman fled the ball, dropping one of her glass slippers along the way. The next day, the King proclaimed that the Grand Duke visit every house in the kingdom to find the girl who fit into the glass slipper, so that she can be married to the Prince. When the Grand Duke arrives at Cinderella’s house, her stepsisters try on the slipper, but it does not fit them. Then, Cinderella appears, tries on the slipper, and it fits. Soon after, Cinderella is happily married to the Prince (Cinderella). This is Disney’s 1950’s account of the classic fairy tale Cinderella, which greatly differs from the Brothers Grimm retelling. The Brothers Grimm story is filled with violence and misfortune, not with fairy godmothers and singing mice, as in Disneyâ €™s version. In the Brother’s Grimm account of Cinderella, when the first stepsister’s toe is too big for the slipper she cuts it off. Similarly, when the second stepsister tries on the slipper she cuts off her heel to make her foot fit. However, the Prince realizes each of the stepsisters has deceived him and does not take them to be his wife. Then, Cinderella tries on the slipper, it fits, and the Prince takes her as his bride. At the wedding, pigeons peck out one eye of each of the stepsisters for their wickedness and falsehood (â€Å"Cinderella†). Throughout the years, the story of Cinderella has changed as different authors, including the Brothers Grimm and Walt Disney have weaved their perspectives, morals, and agendas into their retellings. Just as varying rhetors can ha... ...individuals to become complex thinkers and form ideas of their own. With a broad range of ideas and opinions, these individuals have the power to change their attitudes, lives and ultimately, they can change the world. Works Cited â€Å"About TED.† TED. TED Conferences, LLC. Web. 23 April 2012. â€Å"Biography.† Joel Kotkin. Joel Kotkin. Web. 23 April 2012. â€Å"Boilerplate Bio.† James Howard Kunstler The Personal File. James Howard Kunstler. Web. 23 April 2012. â€Å"Cinderella.† Cinderella. San Josà © State University. Web. 23 April 2012. Cinderella. Dir. Clyde Geronimi, Hamilton Luske and Wilfred Jackson. Perf. Ilene Woods and Betty Lou Gerson. Walt Disney, 1950. Film. Kotkin, Joel. â€Å"Suburbia’s Not Dead Yet.† Latimes.com. Los Angeles Times. 6 July 2008. Web. 23 April 2012. â€Å"The Tragedy of Suburbia.† TED. TED Conferences, LLC. May 2007. Web. 23 April 2012.

Hr Manuel-Hbm Pharmaceuticals Lahore Essay

There are certain easons behind adapting the employee recommendations intensively. Firstly, current employees know the best about the jobs need to be filled so, they can better recommend person who can better perform the particular jobs. Secondly, current employees will never suggest an applicant unless they make sure that he or she can perform confidently in front of managers. Because sending incapable applicant distort the image of employee who is promoting new applicant. 3. 1. 2. External searches: Other sources of recruitment are newspaper advertisements. This is the most popular method the company uses when it wants to publicly announce about its vacancies. Besides, HBM also use notifications pasting on different locations like walls and polls. The notification carries information of ‘Argent need of medical representative†. This help company to generate wide pool of applicant for the recruitment purpose Recommendations: Our company HBM uses advertisements for recruitment but company should also use the cyberspace method for recruitment. This method will ultimately help company to reduce its recruitment cost. Universities and collages notifications: HBM should use university and collages as sources of recruitment. Company should place information on the universities and collages notice boards and the websites. There company can capture fresh candidates. This method is also a cost effective method and beneficial for the recruitment. 3. 2. Selection phase: Company selection criteria include number of step the candidate has to pass through. 3. 2. 1. Initial screening: At this stage of selection, criterion company see that if candidate is fulfilling the minimum qualification, the candidate who meets the minimum qualification standard is then passed and eligible for the next coming stage. Rests of the candidates are rejected. 3. 2. 2. Completed application: HBM use a simple application form which contains simple questions like Name, Address, Telephone and Other personal information. It may include candidate’s experience, education and other experience certificates. Upon verification, if company finds any information faked, the candidate can be rejected. 3. 2. 3. Employment test: Because HBM’s major workforce is SPO (Sales Promotion Officer), merely SPO’s are required to qualify in the test. This simple test is based on memory the candidate is required to memorize medicine literature then his pronunciation, speaking fluency is checked. The pass candidates proceed for the next stage. In contrast, HBM does not take any test for candidates who are striving for other professions like accountant, storekeeper and security guard. Comprehensive interview: Here directors and zonal sales managers take the comprehensive interview. Applicant’s confidence and its emotional stability are checked here. Almost all candidates, belong to different knowledge background are required to pass through the comprehensive interview in order to check their confidence level. 3. 2. 5. Unconditional Job offers: After the comprehensive interview if applicants perform intelligently, HBM will offer conditional or unconditional job. Recommendations: HBM should use employment test for accountants, storekeepers and other applicants in order to measure applicant’s abilities, communication skills and analytical skills. Depending, which applicant fall in which category that’s how company can fill vacancy with who is better fit for the particular job. SPO’s should also be given test to gauge their selling techniques as they spend most of their time in selling medicine. SPO’s personal grooming should be give significant importance during hiring process. For Accountant position, HBM must take test to make sure their analytical skills 4. Socialization and Orientation Plan: Loneliness and a feeling of isolation are not unusual for new employees-they need special attention to put them at ease. So, the organization must follow the socialization process to update each new employee about the values and norms of working at HBM Pharmaceuticals. 4. 1. Socialization Process: †¢ Pre-arrival stage: The organization will use selection process to inform prospective employees about the organization as a whole. †¢ Encounter stage: If the new employees found the differences between their expectations about job and reality then these employees should be socialized to detach them from their previous assumptions and replace these with the organizations’ pivotal standards. †¢ Metamorphosis stage: Higher management will provide help to recently hired employees in case of any problem they faced during working in the organization. Each individual should be informed about the evaluation process. That is, they’ve gained an understanding of what criteria will be used to measure and appraise their work. A trusted environment should be developed and maintained by the higher management so that each employee should feel comfortable to work with the organization. Socialization of new employees can also be possible through the new-employee orientation process. 4. 2. New-employee Orientation Process: Activities that introduce new employees to the organization and their work units are the part of orientation. 4. 2. 1. The CEO’s Role in Orientation: The CEO as the head of the company’s executive management should participate in the orientation process to encourage new employees to work for this organization and also let the new employees to talk about their concerns. The CEO should visit each regional office at the announced date for at least once in a month to meet collectively with all new employees. 4. 2. 2 HRM’s Role in Orientation: The role of Human Resource Department is very important in the orientation because generally this department is responsible for recruiting and selection process. Currently, as there is no functional HR Department in the HBM Pharmaceuticals, so it is the duty of Director Sales and Zonal Sales Managers (ZSM’s) to play their role by conducting the official gatherings where the new employees will meet with the old employees and their interactions will develop. If the new employee is hire as Regional Sales Manager (RGM) or Zonal Sales Manager (ZSM) then The CEO will be present at the orientation ceremony. If the new employee is hired at other position, except that mentioned above, than the ZSM’s are responsible for orientation. ZSM should offer these new employees what else he/she can do for them in the future. 5. Training and Development Plan: 5. 1. Employee Training: There are two types of training available in HBM Pharmaceuticals: one for the new hiring and the other is for the existing employees. 5. 1. 1. New employees: Training is only available for new hiring as Sales Promotion Officer (SPO). It is mandatory that new employees for all other positions available should be experienced and they should have the skill set required for the specific job. 5. 1. 2. Existing employees: Major portion of job positions in HBM Pharmaceuticals is sales oriented. If the employee at certain level is not fulfilling his/her responsibilities according to the job description then he/she will be offered a training session by his/her immediate officer. In that meeting, problem should be discussed with the targeted employee and try to identify the potential solution for that problem. If the officer recommends then the employee should be sent on training. Training can also be offered in such a case if the existing employee is promoted from one position to other position and the management perceives that training is needed to enhance the skill set and abilities of the employee. 5. 2. Determining training needs: 5. 2. 1. SPO: The job of Sales Promotion Officer is very critical for the organization. Newly hired SPO should be offered 1 month training: to enhance his/her subjective knowledge about the products; to increase communication skills; and to develop the interpersonal skills to work as a team. Existing SPO’s have to fulfill their targets. If any SPO is unable to fulfill his/her target then RSM/ZSM will discuss the matter with him/her at weekly meeting. RSM/ZSM will try to identify and solve the problem. If the SPO can not improve his/her performance after the counseling session then RSM/ZSM can recommend a training session for the particular employee. 5. 2. 2. Office staff: Training will be offered to office staff if working pattern has changed in the organization. For example: by implementing new technology equipment, or the addition of new process in the job description of office staff. 5. 2. 3. RSM/ZSM: These are experienced staff. Their responsibilities are also high because it is their duty to manage a group of subordinates. Managerial level skills are required for that job. If the employee at this position has some problem regarding his/her attitude or leading a team then Director Sales can recommend a training session to enhance their interpersonal skills as well as their leadership skills. 5. 2. 4. The CEO and Director Sales: HBM Pharmaceuticals is a partnership concern and it is owned by two persons: one is CEO and other is Director Sales. So, training is the personal discretion of these two individuals. If they think that through training, they can manage their business more effectively then they can go for a training session. 5. 3. Training Methods: There are several methods which can be used by the management to train their employees according to their needs and the job position. 5. 3. 1. SPO: For new joining SPO’s, it is most appropriate to use â€Å"classroom lectures† to train them because this is the method used to increase their subjective skills. It will also helpful for them to enhance their communication skills. For existing SPO’s to increase their productivity, RSM/ZSM should meet them personally and give them personal support. Due to this meeting, the problem will be solved and along with benefit, SPO’s morale will be increased. 5. 3. 2. RSM/ZSM: Classroom lectures as well as On-the-Job Training Methods are used to train RSM/ZSM. Director Sales will recommend the most appropriate method according to the situation and problem. 5. 4. Employee Development: Employee development focuses more on the employee’s personal growth. Successful employees prepared for positions of greater responsibility have analytical, human, conceptual and specialized skills. 5. 4. 1. Employee Development Methods: There are several methods which are used to develop managerial and non-managerial staff. Appropriate method selection will depends on situation. 5. 4. 2. Developing Office Staff: Job Rotation is the appropriate and recommended method to develop office staff. The concerned authority can choose horizontal or vertical Job Rotation to develop office staff according to the skill set of the staff. 5. 4. 3. Developing SPO to Senior SPO: Job Rotation is a good method to develop the abilities of SPO so that he/she can become Senior SPO. Vertical Job Rotation can be selected for this situation. 5. 4. 4. Developing Senior SPO to RSM: RSM is quite big position for senior SPO. So it is recommended that â€Å"Assistant-to-Position method† should be used to develop senior SPO to RSM. Senior SPO will work as an assistant to RSM to get in depth knowledge of the responsibilities of RSM and he/she can develop himself/herself in a better way according to the new responsibilities. 5. 4. 5. Developing RSM to ZSM: RSM and ZSM both are managerial positions and the position holders are experienced professionals. The only difference is the level of responsibility. ZSM is responsible for the sales of whole zone which is a quite big responsibility. Therefore, it is recommended that â€Å"Assistant-to-Position Method† and â€Å"Lecture courses and Seminars† are used to enhance the decision making skills of RSM and to improve more team management skills. 5. 4. 6. Developing ZSM to Director Sales: In the current organization settings, ZSM can only become Director if he/she became the partner of HBM Pharmaceuticals. It is recommended that the position of Director Sales should not be fixed for Partners and ZSM should be developed to this position on the base of his/her performance. 6. Performance Appraisals: Performance appraisals must convey to employees how well they have performed on established goals. It’s also desirable to have these goals and performance measures mutually set between the employee and the supervisor. 6. 1. Appraisal Methods: There are several methods which are used by management to evaluate employee performance. According to the nature of business of HBM Pharmaceuticals, we are recommending a method called â€Å"Using Achieved Outcomes to Evaluate Employees† or â€Å"Management by Objectives (MBO)†. 6. 1. 1. Management by Objectives (MBO): Four ingredients are common to MBO program: 6. 1. 1. 1. Goal specificity: The objectives in MBO should be concise statements of expected accomplishments. Tangible objectives should be expressed in the statements. 6. 1. 1. 2. Participative Decision Making: Participative decision making should be used by manager and employees, in setting objectives and agrees on how they will be achieved. As the interests of managers and employees are directly linked with stretched objectives and achievement of these objectives then they will definitely put their maximum effort to achieve those objectives. 6. 1. 1. 3. An explicit time period: Each objective has a concise time, too, in which it is to be completed. In our situation, it is 1 month. 6. 1. 1. 4. Performance Feedback: Continuous feedback on performance and goals are recommended. Twice a week meeting should be conducted by ZSM to get performance feedback and to discuss the routine matters with the field staff and to countercheck the performance whether the sales are meting the monthly goal plan. 6. 2. Performance Evaluation Standards and Appraisals: There are different performance evaluation standards for different positions: 6. 2. 1. Office Staff: If the office staff performs their responsibilities according to their Job Description then their salary will be increased by Rs. 500 quarterly. If the employee performance is excellent from consecutive 3 months then a special pay raise can be offered by the Director Sales. 6. 2. 2. SPO: Each SPO has some sales targets given by RSM/ZSM. It is his/her responsibility to fulfill those targets. Performance Appraisal meetings should be conducted at the end of each quarter. Upon the achievement of 80% targets for consecutive 4 months: 30% basic pay rise. Upon the achievement of 80% targets for consecutive 3 months: 20% basic pay rise. 6. 2. 3. RSM/ZSM: Upon the achievement of 80% targets for consecutive 4 months: 30% basic pay rise.

Learning and Teaching essayEssay Writing Service

Learning and Teaching essayEssay Writing Service Learning and Teaching essay Learning and Teaching essayThe concepts of learning and teaching are strongly related to each other: people must learn before teaching. In the process of learning, one should understand the text and concepts provided by the teacher. It is important to understand the concepts and not just to memorize them. To analyze the specifics of teaching and learning in more detail, it is possible to review   the presentation prepared by our group. This presentation perfectly illustrates how students in the eastern educational system associate learning with memorizing, without understanding the key concepts. Students in the western educational system, on the contrary, focus more on understanding the concepts rather than memorizing them. This is more efficient because memorizing does not mean that the student mastered the concept and truly learned the information. Facts that were merely memorized might be forgotten one day, but something that a person has learned will remain in his or her mind f or a long-term period.The focus on learning instead of memorizing makes the key difference between western and eastern education. The focus of our presentation is on the benefits and advantages of both western and eastern systems and on showing the differences between these systems. We use our specific story to demonstrate the real experience of eastern education and to compare it with the western educational system (part of which we are now).This PowerPoint presentation is a strong example that conveys our own experience to other people.   In my lesson plan, I will consider the advantages of both teaching systems. The western system is more focused on activity and helps people learn things while completing various activities; in this system, students interact with teachers in a friendly manner. At the same time, the eastern system focuses on listening to the lectures more than on participating. I will do my best to incorporate both concepts in my micro-teaching lesson. I know I a m new to teaching, but I learned a lot from Lises class before preparing own micro-teaching lesson. I will prepare myself in the best way. I hope that I will succeed and that I will become a good teacher in the future.Object LessonsAfter I finished reading the article ‘Object Lessons: Thinking About Material Culture’, I found out that an artist should study the materials in the surrounding world. For example, the author presents the case of a bicycle: an artist should find out why people might study human-made objects. The students provide different answers: because we need to figure out how to make such objects, we need to find out what motivated the authors and why they actually create them. By studying other kinds of objects surrounding human beings, we can assess and understand material culture.When I finished reading the article, I decide to bring my mini-stapler as the object to Lise’s Object Lesson. The mini-stapler is my personal item that I keep in my ba g every day. I think that a mini-stapler is useful for any college student, because one can staple documents or papers together using this object. Moreover, I enjoy the compactness of the mini-stapler: this object is quite small and it is easy to keep it in a bag or in a pencil case. The design of the stapler makes it convenient for carrying and holding, and it has all the necessary functionality that we expect from this object.While studying the functions and the structure of a mini-stapler, I figured out that its structure is simple but this object can be used to apply strong pressure to staple a large set of pages together. When Lise asked us to recreate the visual representation of my object, I decided to give a new shape to my mini-stapler. I decided to make it more visually impressive and attractive. So I designed a new shape in the form of a shark for this object and used shark’s teeth to decorate the mini-stapler. The design became more impressive but the function of the stapler did not change. Staplers currently sold at the market do not have any creative shape such as the one in my design. All stapler designs are boring and blank. I want to re-create the visual representation of the stapler without changing its functions. Inventing a more impressive design and sharing this design with the world will let people consider the material culture from the visual perspective.POVThe lesson about the point of view (PoV) deals with perceiving things from the view of a child, a teen or an adult. To become a good educator, I must understand the differences between the perceptions of students of different ages. For example, a child is more impressed by color. Children enjoy using different kinds of materials for working with art; color and shape of material catch their attention. So in my artwork, I created three drawings to describe the perceptions of a child, a teen and an adult. Firstly, to represent the childs perception, I painted a bright image of fam ily with lots of colors. Human shapes are very basic and schematic, but full of love. For a teen, I depicted a teenager with his mother, because in the teens people start understanding whom they love most of all in their family. The teenager is likely to focus on one person rather on the whole family. For a teenager, the artwork will be less colorful than for a child, because a teenager knows how to mix and match colors.Lastly, the perception of an adult is detailed and has more shapes; with the help of the shapes, the artwork is enriched with more details and becomes a high-quality picture. The drawing is focused on one perception of a person or a thing. The intention of the drawing is to choose a specific angle to demonstrate the characteristics of the person or object. Furthermore, an adult will not use as many colors as a teenager. An adult will focus on one material, for example, pencil, ink or charcoal, because adults learn the technique of using different materials and know w hich one is the best for the picture.When I acquire a good understanding of the perceptions of students of all ages, I will be confident while planning lessons for my students, because it is essential to understand the characteristics and particular qualities of the students.Brittany’s Lesson PlanThe micro-teaching class is a great experience for all students. We have a chance to create own lesson plans and to see teaching formats and approaches of other people. It is very important to share experiences and to learn from each other. One of my favorite lesson plans that I still remember is the one prepared by Brittany Gerow. She did a lesson about self-portrait. It is not so engaging as Chelsea Hsus donut lesson, but the process of creating a self-portrait reminds me of high school classes. I enjoyed when the teacher of arts asked us to draw self-portraits because it is quite interesting: we have to face ourselves in front of the mirror, to draw each part of own face, to locat e all face features correctly, to understand how big own face features are, etc.In Brittany Gerow’s lesson, she used a different approach. We selected artists of different styles and we had to follow their style and use that style to make self-portraits. My selected artist was Pablo Picasso. Picassos abstract self-portrait is very famous. During the lesson Brittany taught us to understand how Picassos love to abstract shapes and exaggeration style could be used for self-portrait. Then I drew myself using abstract shapes, pictured very big red eyes, long nose and lightly colored face with blue and purple outlines. Also, I chose a different shape for the face so it was not normal anymore. The painting seemed to be like another person, not me, but I enjoyed how Pablo Picasso self-portrait approach was presented in the lesson.Ying’s Lesson PlanThe other micro-teaching lesson I would like to discuss is the lesson prepared by Ying in Performance Art. I am taking this course right now, but I am still studying the part related to making video sounds. I know that we will have Performance Art in the next semester. Ying’s lesson awoke my interest in Performance Art. In the beginning of the lesson, Ying told us to stand in the middle of the classroom and to imagine that we were flying in the sky or dancing on the floor. She made us relax in the beginning, or, in other words, focused on breaking the ice. Then we had a serious lecture about the essence of Performance Art. The performance we did in the beginning actually made me involved, so I was quite focused on the lecture. Then Ying asked students to keep writing on the paper to capture the idea of Performance Art. From this lesson, I learned that the interaction between the students and the teacher is very important for all forms of teaching and especially for art educators.

Example of Formal Letter †English (100 Level Course)

Example of Formal Letter – English (100 Level Course) Free Online Research Papers Example of Formal Letter English (100 Level Course) Dear Sir/Madam, I am writing with regard to your invitation for the readers of your magazine to write to you giving views about how governments and individuals could cooperate to protect the global environment which remains as one of the main problems of our planet’s longevity. In my opinion, we should oblige our respective governments to draw their attention a bit more to search, but in cooperation, not like in the UNO where powerful countries still impose their preferences not looking for an equilibrated world but for one where they keep on controlling the rest, for solutions to maintain our natural resources for as long as possible. As individuals it is our duty to do so. And it is governments’ obligation to donate a 0.7% of their GDP (Gross Domestic Product), an international regulation which serves for nothing else but as a demonstration of powerful countries’ ability and possibilities of breaking others’ rules. If at least this law was obeyed, third-world governments would be able to face up to the illegal smugglers who are destroying their national natural resources to profit nobody but themselves and this is something all of us are going to pay sooner or later. As inhabitants of this planet, the â€Å"blue planet† as it is known, and consumers of its resources we should set ourselves in a more far-sighted position to avoid finding ourselves later in a world where the only thing we can do is just sit back and watch time go as a consequence of our previous silliness. Maybe in a national ambit the government should begin spending some of our taxes in campaigns to raise the conscience of people but then do not being hypocritical and apply themselves to the international legislation. I firmly hope that this letter helps readers to begin at least to think about the issue and then, if possible, making the government see a face of the State’s duty that we usually hide in the shade. Yours faithfully Student Name Research Papers on Example of Formal Letter - English (100 Level Course)Comparison: Letter from Birmingham and CritoDefinition of Export QuotasAssess the importance of Nationalism 1815-1850 EuropeThe Effects of Illegal ImmigrationStandardized TestingQuebec and CanadaPETSTEL analysis of IndiaInfluences of Socio-Economic Status of Married MalesNever Been Kicked Out of a Place This NiceBionic Assembly System: A New Concept of Self

The Mosquito Coast Essays

The Mosquito Coast Essays The Mosquito Coast Essay The Mosquito Coast Essay Navigating the Global explores the challenges and complexities confronted by individuals embarking on a quest for a greater meaning in their lives. The concept of globalization is an ever growing understanding of the complexities and challenges of the late 20th to 21st century world where the increase in technology and communication has lead to the homogenization of cultural values. The concept of navigating through these complexities is referred to by critic T. Friedman as â€Å"An inevitable process of western civilization battling forces of primitivism and localism† Which can be seen in the 1981 novel The Mosquito Coast (TMC) by Paul Theroux and the 2007 film Into the wild directed by Sean Penn (ITW) demonstrates the consequences brought by failure to adopt the hybridity of the â€Å"glocal†. TMC depicts the geographical navigation from modern America to the most extreme form of â€Å"primitivism† Honduras as a journey of profound and moral significance away from American â€Å"the high prices, bad tempers, unpunished criminals†. In the opening chapters the audience is presented with Charlie’s father, Allie who criticizes the consumerist values upheld in America, through his tirades against American consumerist and materialist attitudes â€Å"Water ‘s as free as air. Those dinghbats are selling water! † illustrating his rejection of the mainstream Western consumer values. This results in Allie’s quest to escape the debauchery and despair of American society through the construction of a new â€Å"civilization† in Jeronimo. Allie’s first confrontation with the native Zambus is one of implicit criticism â€Å"what a hole, I wouldn’t be caught in that dump† which shows Allie’s innate disrespect for the local as he fails to recognize the local as an alternate source of knowledge. ITW similarly portrays an individual’s quest through the navigation between the local and the global in search for a greater meaning in their lives from â€Å"history and oppression and law and irksome obligations† . ITW demonstrates the challenges faced by individuals’ differing perceptions of â€Å"freedom† by Christopher’s navigation from the US to Alaska presenting himself as an idealist similar to Allie â€Å"to kill the false being within, no longer to be poisoned by civilization†. The initial flashback to Chris’ rites of passage highlights the conflicting values imposed upon him by his parents and society† I see them standing at the formal gates of their colleges. The red tiles glinting like bent plates of blood behind his head. The dark imagery presented by the omniscient narrator along with the cinematography of mortar boards being thrown in the air depicts the inner conflict presents within individuals under the superficial mask of western expectations which results in the Chris’ escape â€Å"into the wild† The challenges faced by navigation of the global through a â€Å"woven world† can be seen in the figure of Allie Fox whe re manifestations within himself prove to have destructive consequences. Allie’s insistence of being the â€Å"last man† and feeling â€Å"like god† ironically, demonstrates Allie raising himself to a secular figure despite rejecting religion. This superbia is portrayed in the intertextual allusion to Frankstein, assuming God’s role at the ultimate creation â€Å"man is god† as Jeronimo becomes a personified embodiment of Allie’s dream. Allie’s creation of â€Å"Fat boy† an ominous allusion to nuclear destruction â€Å"plants scorched and stems blistered like flesh† highlighting the resultant destruction of â€Å"the forces of western civilization and localism†. Allie’s failure to adopt the local is contrasted by the success of The Acre an archetype of T. Friendman’s â€Å"glocalised society† which adopts the hybrid culture of communal acceptance and globalized values â€Å"spending money, arithmetic //we lived off the land† demonstrates the values from an individual’s navigation from their immediate environment becomes the fundamental of their own quest for meaning. Paralleled within TMC the destructive consequences of over indulgence in Western culture can be seen through the figures of Chris’ parents, Walt McCandless  and Billie McCandless  whose manifestations of academic success and wealth results in an unstable relationship †The divorce never happened,but the battles and the meetings never stopped. † The montage of celebration along with the non diegetic narration of the events highlights the superficiality of their connections as they indulge further into westernized values â€Å"the careerism and money seemed only to embolden their blindness. In contrast, the relationship between Gene Rosellini and  Jan Burres  demonstrates a stable relationship through adoption of the hybrid values of the local and the global, emphasised by the cross cutting of the McCandless â€Å"to find yourself at least once in the most ancient of human conditions with nothing to help you but your hands and your own head† Allie†™s failed quest for meaning in Honduras and his regression into â€Å"savagery† as he transforms into â€Å"a live scarecrow, the wild man† , is eflected in Charlie’s description of the river as he continuously attempts to move further upstream â€Å"The river bubbled and streamed with decay† which parallels Allie’s decent into lunacy with contradictory statements â€Å"We are the first family on earth// We are the last survivors†, highlighting Allie’s lost sense of direction which is symbolized by the truncated finger which he uses to navigate through the river â€Å"He waved his stump upward // every mile seemed like a mistake, because we were not free anymore†. ecomes an ironic motif as he transitions into a â€Å"scavenger† reinforcing the repeated imagery of cultures hovering above Allie foreshadowing his own death whilst navigating through the river due to his inability to adjust with the local â€Å"he was the savage not the Zambu† Like in TMC the river is a constant motif that parallels Chris’ journey towards Alaska serving as a means of direction in his quest for truth â€Å"rather than love, than money, than fame, than fairness†. The Rembrandt lighting of Chris’ face in his navigation through the river symbolises the realisation brought through by forced reflection â€Å"This fact suddenly re-defined Chris and me as bastard children† The corresponding relation between journeys and the river becomes evident as the Chris’ journey progresses through the chapters of his life. Similar to TMC the pathetic fallacy of the river demonstrates the inner journey Chris undergone as he reaches the end of the river and the film concludes with rhetorical questions â€Å"What if I were smiling and running into your arms? Would you see then what I see now? † demonstrating how Chris’ navigation through the river has resulted in a carthasis and thus ending his quest for meaning. Whilst Allie fails to successfully navigate the global ignoring his family and the knowledge of the local his son Charlie reveals a more empathetic, accepting and therefore a successful approach to the global experiences. Charlie’s navigation into maturity is highlighted as he uses his knowledge from both the local and the global as a distinct opportunity to save his family â€Å"but I wanted to go on // because there we were free†. Charlie’s development into maturity and psychological freedom is paralleled in his journey through the river highlighting an individual’s quest through the challenges and complexities can be overcome by adoption of the hybrid notions of the â€Å"glocal†

Contract Law Essay Example | Topics and Well Written Essays - 1500 words - 1

Contract Law - Essay Example All contracts can be enforced in a court of law and if one party to the contract meets his contractual obligation and the other party does not, then the aggrieved party that is the non-breaching party is entitled to receive compensation through the court. Moreover, regarding the competency to contract, minors, persons disqualified by law, and persons of unsound mind lack the legal capacity and cannot enter into a valid contract. Minor is a person who has not attained the age of majority as prescribed by the law. Here in the given context, there are two situations presented for analysis and to provide advice; Miss K Martin with Willis Vents Ltd and Miss K Martin with Malcolm Rogers. The following chronology provides a brief idea about the events happened in the course of time in the business of Miss K Martin with both the Parties. Chronology January 2011 Miss K Martin contracts WV for a quote to build a chilled section April 2001 WV and Miss K Martin agrees to go ahead with the work f or a total cost of ?5,000; the work to be completed on 1st August 2011 July 7, 2011 WV asks for an additional ?750 to complete the work on time; Miss Martin reluctantly agrees to do so. August 1, 2011 WV completes the work on time; Miss K Martin pays the actual contract price of ?5000 August 8, 2011 Payment of ?125 due from Malcolm Rogers August 15, 2011 Another payment of bill amounting ?145 due from Malcolm Rogers August 22, 2011 A third bill for ?140 is due from Malcolm Rogers August 30, 2011 WV sent an invoice for the payment of remaining ?750 August 30, 2011 Miss K Martin sends an invoice for the total amount of ?410 from Malcolm Rogers September 6, 2011 Miss K Martin responds to the reply from Malcolm Rogers regarding the invoice dated 30th August, 2011, and agrees to receive half of the amount due—amounting ?205, in full and final settlement as offered by Malcolm Rogers Willis Vents Ltd vs. Miss K Martin Contractor: Willis Vents Ltd Contractee: Miss K Martin As per the information given, Miss Martin intended to improve her storage facility and contracted Willis Vents Ltd. (WV) in January 2011 for a quote to build a chilled section within the garage and to install air conditioning throughout. The WV quoted the proposal for a total cost of ?5,000. And in April 2011both parties agreed upon the terms and conditions and entered into contract for a total cost of ?5,000, requiring the work to be completed on 1st August 2011. However, later, on July 7, 2011 Nick Parsons from the Willis Vents informed Miss Martin that unless an additional amount of ?750 is paid, the work would not be completed on the stipulated time; and she had to reluctantly agree in order to keep the work moving and to finish on time. It is evident that both the parties have entered into a legally valid contract, meeting the requirements as required in the Principles of European Contract Law. According to Chris Field (2010), the primary requirements for a valid contract are Offer, Acce ptance, and Consideration. The WV had quoted contract (offer) for a total amount of ?5,000 (consideration) and Miss Martin agreed with the terms (acceptance) of the contractor. According to the Section 1 Article 2.101(2) of the Contract Law, â€Å"a contract need not be concluded or evidenced in writing nor is it

When is it ethically responsible to leave a job or leave the Assignment

When is it ethically responsible to leave a job or leave the profession - Assignment Example Some of the consequences of the creation of ethical stress include the fact that the nurses might be experiencing frustration, physical illness, and interpersonal conflict. These consequences might prompt them to leave their position or the profession altogether. A study by Ulrich and O’Donnell†¦et al, (2007) indicates that about 80% of oncology nurses had high ethical stress scores due to the conflicts existing between their obligations towards patients and the rules in the organization. With some of the organizational values in a health care setting being the provision of adequate patient care, the ethical climate in this case is not representative of the shared care perceptions (Chan et al, 2013). This might prompt a nurse to leave the position, considering that the ethical decision-making processes are not reflective of the human values and interactions. On the other hand, Flinkman, Isopahkala-Bouret and Salantera’s research on the ethical responsibility of nurses to leave their profession indicates that their inability to offer proper care is a contradiction to their ambitions and talent (Flinkman et al, 2013). Scott et al (2008) reports that a large number of nursing graduates leave the profession due to poor working environments. Despite this fact, it would be appropriate for nurses to leave the profession when their moral obligations contradict those upheld by medical institutions since they might not be in a good position to offer their services properly (Morrell, 2005). Chan, Z. C., Tam, W. S., Lung, M. K., Wong, W. Y. & Chau, C. W. (2013). A systematic literature review of nurse shortage and the intention to leave. Journal of Nursing Management, vol. 21, no. 4, pp. 605–613. Flinkman, M., Isopahkala-Bouret, U., & Salantera, S. (2013). Young registered nurses’ intention to leave the profession and professional turnover in early career: A

The role of the female characters. How do they represent the feminist Essay

The role of the female characters. How do they represent the feminist issues that may have been occurring around the time work was written. please include Everyday Use, by Alice Walker - Essay Example It is the commitment by women to achieving equality in the society. There are various type of feminism namely; motherhood, medicine, legal rights, child abuse, working women, and conservative feminism (Walters 21). In this essay therefore I will look at the role of the female charactors and how they represent the feminist issues that may have been occurring around the time work was written. Women characters of the time Walker wrote this piece of work are portrayed to be had working and enthusiastic. After the demise of Mama`s husband and left her to take care of the family on her own, we find her perform different tasks like, during the day she puts on overall to signify the extent at which she works. She is described to be ‘big boned woman with rough, man working hands’. She performs various tasks such as killing and cleaning a hog, breaking ice to get water, milking animals among other duties. This brings the feminist issue of motherhood and of gender equality as the women of this time also played the roles that were perceived to be for the men (Hoffman 31) Women are portrayed as people who are had working and are of high ideals. This is seen in the character traits of Mama who does every thing possible to bring up her two little children despite being the only sole bread winner. She is also seen as a woman of high integrity and stature in the society. She wake up in the morning and puts on her overall ready to start her daily chores. These bring out the them of feminism and how constructive a woman can be in the society. It also implies that women just like men deserve equal rights and treatment. Walker also bring two contrasting lives lived by the two daughters of Mama. Dee is said to live a good lifestyle of the American culture which she acquired following her disappearance after the fire tragedy that burnt their house. On the other hand, Maggie’s life is portrayed to be miserable and is full of tribulations, at first

Women and leadership Literature review Example | Topics and Well Written Essays - 500 words

Women and leadership - Literature review Example 5). The entrance of the female is almost constant though there has been the instance where female have been crossing over to the courses that were regarded as masculine. It was also noted that men entry and advancement into the nursing profession is being hampered by discrimination in the specific specialties such as obstetrics and gynecology where females have been given preference over men. Consequently, there is an increased influx of men in other specialties of nursing. The leadership style between women and men has a clear distinction. According to Solbraekke & Heggen (2013) women in the leadership is associated with certain aspects of which they emphasize. Such aspects include nurturing tendencies and communication. On others side the men in leadership are not associated with the communication but responsibility and being accountable for every task given to the employees. Furthermore, women in leadership has been observed by Solbraekke & Heggen (2013) as being communal in their leadership in that they make it inclusive in participation than men in leadership who tend to be isolative and so directive to the employees (647). This makes the leadership of women to be perceived as being educative and upbringing more leaders in being than men. Other differences shown by Erel & Reynold (2014) is indicative that has been brought to the fore is that women have feminine advantage in the leadership (108). The advantage according to Collins & Meyer (2014) is as result of their better intrapersonal relationship with the staff unlike their male counterparts who the research conducted by Collins & Meyer (2014) describe that most of them have despotic tendencies (667). The other aspect that derail the leadership of women according to Solbraekke & Heggen (2013) is that it they lack the commanding power, hence in times of need of command, and the situation may end bei ng dire (650-653). The

Irelnd Essay Example | Topics and Well Written Essays - 3750 words

Irelnd - Essay Example Much of this success hs been the outcome of dynmic socil progrms developed by Irish government nd dministrtive deprtments imed to chieve greter socil performnce. It ws bsiclly Irelnd's ttempt to provide good working reltionship within the country s well s to rech consequency in immigrtion policy nd interntionliztion process tht shped country's socil policy. The generl orienttion in setting socil politicl or economic gols ws reching greement with the United Kingdom tht would enble the two governments to chieve significnt progress in the serch for pece in Northern Irelnd. These nd other fctors of internl nd externl socil policy of Republic of Irelnd will be exmined in the following pper. Prticulr focus on the interntionl sources of politicl, economic, nd socil trnsformtion will be mde to cover the ptterns of the topic. It is rgued tht these influences hve been the primry source of chnge in Irelnd since 1980 nd hve produced significnt benefits s well s certin problems for Irish society. Together with pressures for chnge by modernizing elites within Irelnd, who themselves were motivted prtly by their interntionl perspective, these internl nd externl fctors of socil policy hve creted synergistic process of chnge tht hs trnsformed the nture of Irish society. Due to Irish dispor nd close economic ties to Britin, Irelnd hs lwys hd significnt interntionl links nd strong position on interntionl mrket. But the trditionlism of Irish culture, reflected especilly by the profound nd powerful plce of the Ctholic Church, gve the ntion n insulr nd defensive qulity from independence through the 1960s. However by the erly 1990s the Republic of Irelnd hd received reputtion s highly dynmic, modern, nd successful ntion. Rpid economic growth in the 1990s hs resulted in high economic indictors nd nd result positive chnged in socil policy of the country. In 1996 per cpit gross domestic product (GDP) ws bigger thn the United Kingdom (UK) figure, nd growth since 1992 hs been especilly strong (Irelnd, 1997). In fct, through 1993-1999 Irelnd hd the highest GDP growth rte in the Europen Union (EU), nd its per cpit GDP by 1999 ws 112% of the EU verge (Europen Union, 2001). The consequences of culturl chnge produced verifictions to Irish economy nd prospects of its politicl sitution. In the erly 80th, Irelnd ws poor compred to the UK nd Europe's dvnced economies. But it ws not poor in comprison to the economies of Norwy nd nd Finlnd for exmple. (Kennedy, Giblin, & McHugh, 1988, pp. 14-15). Its popultion ws reltively literte, nd its trnsporttion fcilities, bnks, nd housing were reltively modern. lthough not industrilized, it nevertheless hd productive griculturl sector nd followed contemporry business prctices (Hughton, 1995). Of prticulr importnce ws griculturl reform prior to independence tht hd turned ntion where mny hd been exploited tennt frmers into n griculturl system chrcterized by privte ownership by independent frmers. long with significntly incresed interntionliztion of the Irish culture, lte 90th hve produced sound openness nd liberlism in the country (Gllign, 1996, 1998; O'Toole, 1996, pp. 11-22). Of gret importnce is the Good Fridy greement reched in pril 1998 tht creted opportunities for peceful settlement

Women and leadership Literature review Example | Topics and Well Written Essays - 500 words

Women and leadership - Literature review Example 5). The entrance of the female is almost constant though there has been the instance where female have been crossing over to the courses that were regarded as masculine. It was also noted that men entry and advancement into the nursing profession is being hampered by discrimination in the specific specialties such as obstetrics and gynecology where females have been given preference over men. Consequently, there is an increased influx of men in other specialties of nursing. The leadership style between women and men has a clear distinction. According to Solbraekke & Heggen (2013) women in the leadership is associated with certain aspects of which they emphasize. Such aspects include nurturing tendencies and communication. On others side the men in leadership are not associated with the communication but responsibility and being accountable for every task given to the employees. Furthermore, women in leadership has been observed by Solbraekke & Heggen (2013) as being communal in their leadership in that they make it inclusive in participation than men in leadership who tend to be isolative and so directive to the employees (647). This makes the leadership of women to be perceived as being educative and upbringing more leaders in being than men. Other differences shown by Erel & Reynold (2014) is indicative that has been brought to the fore is that women have feminine advantage in the leadership (108). The advantage according to Collins & Meyer (2014) is as result of their better intrapersonal relationship with the staff unlike their male counterparts who the research conducted by Collins & Meyer (2014) describe that most of them have despotic tendencies (667). The other aspect that derail the leadership of women according to Solbraekke & Heggen (2013) is that it they lack the commanding power, hence in times of need of command, and the situation may end bei ng dire (650-653). The

Interpersonal Management Assignment Example | Topics and Well Written Essays - 2000 words

Interpersonal Management - Assignment Example in an independent manner including being aware of how I can be able to manage time, do presentations and express my views and opinions to other people. These skills are vital as they assist in the development of the aspects that a person needs for the workplace in future. They are integral in the development of confidence as well as self-esteem as they allow a person to learn to be assertive and develop an awareness of the needs of other people. The interpersonal skills learnt are also important as far as teamwork and responsibility is concerned as they make it easier for an individual to manage particular situations. The interpersonal skills that I have learnt have assisted me to understand that I should not be judgmental towards other people and to share ideas while working as a team through communicating with each other (Sen, 2007). All this aspects are integral and important in any workplace, particularly as far as social care is concerned. I have learnt to appreciate the concepts that are necessary for successful and efficient group work and to enjoy group sessions while contributing. I am now more confident that I am able to contribute positively to the success of any workforce while helping others to appreciate the significance of contributing their perceptions and ideas that are relevant to the prevailing situation. I have learnt to understand that every person has a point and there are always people who are willing to learn from what I have to offer. I have developed skills that assist me to work and collaborate with various individuals in different groups where I can listen to the ideas of others while giving my own. However, I have also learnt that some people are selfish with their ideas and do not contribute much in a group settings, instead, they soak up information that has been contributed by other people and add their own ideas from there. Knowledge that is acquired from subjects such as social policy and considering the manner in which different

Vision and Values Essay Example for Free

Vision and Values Essay In their 2009 article, Darling and Heller contend that â€Å"The Key to the successful management leadership of organizational development in today’s era of dynamic changes is thereby embedded in the leader’s thoughts and feelings. I concur that a leader’s thoughts and feelings are paramount in determining the leader’s success and therefore the success of the organization. (Heller, 2009) In the Harvard Business Review article â€Å"Leadership That Get Results,† Daniel Goldman cites research which shows that up to 30% of a company’s financial results are determined by the climate of the organization. The major factor that drives the climate of the organization is the leader. Goldman also states that roughly 50-70% of how employees perceive their organization’s climate is attributable to the actions and behaviors of their leader. (Martinuzzi, 2013) A leader creates the environment that determines people’s moods at the office and their mood in turn, affects their productivity and level of engagement. People take their cues from the leader’s state of mind. For example, as a leader, one has to be particularly mindful to how to manage emotions if your organization is undergoing change. How a leader handle emotions during these crucial times can help or hinder the change process. It is a known fact that if the resistance to change is emotional, it is the hardest form of resistance to overcome. As the leader handling a change initiative, do not avoid the emotions that accompany the change process. The leader is the one who sets the mood and manage the emotions. A leader’s upbeat mood metaphorically oxygenates the blood of the followers. It may be one of the most potent contributions you can make as a leader. (Martinuzzi, 2013) I do not believe that Darling and Heller have identified a new approach to management in turbulent times because top producing leaders have been using this method for decades. References Heller, J. D. (2009). Organization development in an era of socioeconomic change: A focus on the key to successful management leadership. Organization Development Journal, 27(2), 9-26. (ProQuest Document ID 1737653851). Martinuzzi, B. (2013). A Leaders Mood: The Dimmer Switch of Performance. Retrieved from 1000 advices.com: http://www.1000advices.com/guru/leadership_mood_bm_html

Globalisation and Workplace Diversity

Globalisation and Workplace Diversity The ability to conduct business internationally is an absolute necessity if you hope to remain competitive in todays marketplace. Globalization, has served to stabilize business and financial markets in such a dramatic fashion that many industrialists have yet to reach an understanding of the depth and breadth of the impact it has had on lowering political, financial, and economic volatility. Business globalisation [Def.] refers to a business expanding its sales and their assets over the national boundaries, involving a surge in capital, labour, goods and services. Andrew Jones, 2009, Dictionary of Globalisation, Coca cola is a perfect example, as they have profitably expanded their business in the global consumer market. Coca cola has used various tactics to achieve this. To reduce their production costs, they have established transnational corporations. They have also focused on product branding and positioning, and revised their prices according to the competition. In the past two decades, globalisation has greatly increased. It has had a significant impact on the management of businesses. Globalisation [Def.], as defined by the OECD is The geographic dispersion of industrial and service activities, for example research and development, sourcing of inputs, production and distribution, and the cross-border networking of companies, for example through joint ventures and the sharing of assets (OECD) Globalisation is making the economy of the world increasingly interdependent. This can be seen in the growth of trade, increase in flow of capital and also a boost in Multinational economic activity. For their macroeconomic health, world economies depend on each other. (September 2009, Globalization. Oxford English Dictionary Online ) Glimpse of the Past Globalisation over time Globalisation is not a new phenomenon. In reality, it has slowly and gradually been making its way in the world economy since the dawn of time. Until the recent times its impact has not been visible. The Chief Economist of the World Bank, Nick Stern, divided the expansion of globalisation into three phases: Phase One: initiated in 1870 and ended during the 1920s and 1930s(interwar period), with a descent into global protectionism. This was a time of speedy growth in the international trade. This growth was increased by the economic policies that aimed to liberalise the flow of trade, and also by the rapid development in technology, this reduced the costs, such as of transportation. Phase Two: After the Second World War, the second phase of globalisation was aided by a rise in the world trade and also the reconstruction of the economy. The establishment of new international economic institutions, supported this expansion. In order to promote stability in the monetary system, provide a sound basis for multilateral trade and to help restore economic activity, the International Monetary Fund (IMF) and World Bank were created. Their aim was to promote economic co-operation between nations. Phase Three: The current wave of globalization is demonstrated by a quick rise in the ratio of trade to GDP for many countries and also by a continuous increase in the flow of capital between countries and the trade of goods and services. http://tutor2u.net/economics/revision-notes/a2-macro-globalisation-introduction.html Main Motivations and Drivers for Globalisation Hamish McRae has argued, Business is the main driver of globalization! (Hamish McRae) A large motivator of globalisation is the desire of MNCs to enhance their profits and returns. Globalisation is also driven by the enthusiastic approach that individual national governments have, to take full advantage of the wider macroeconomic and social benefits that are a result of increased trade of goods, services and the rapid increase in the flow of financial capital. The main drivers of globalisation are as follows: Technological change especially in communications technology. Example: UK taking their business and data to India due to cheaper skilled labour. There has been a massive reduction in the cost of transmitting and communication information- this is a huge factor responsible for the growth of trade using internet technology. Quick and low costing transportation it also includes shipping containers also known as ISO containers. This reduction causes the prices of the manufacturers to come down, and make competing with the local manufacturer uncomplicated and trouble-free. The low costs are as a direct result of the advances in transport technology. The speed and reliability of the transport, makes new and developing markets in the grasps of companies all around the globe. Deregulation of global financial markets the abolition of numerous rules and regulations, for instance, rules concerning foreign ownership (removed from UK in the 1800s). Privatisation also took place, as a result businesses were now open to purchase and/or take-over. This allowed businesses in one country to buy those in another. For example, many UK utilities are owned by French and US businesses. Removal of capital exchange controls the opening up of the capital markets facilitates direct foreign investments. It also encourages freer flow of money across the borders. Free trade numerous barriers to trade have either been removed or relaxed because of regional groupings such as the European Union (EU), where as some have been removed by the WTO making trade cheaper and more attractive. Changes in consumer tastes and willingness to try foreign goods resulting from the arrival of the global satellite the awareness among the consumers has increased. Advancement of the global consumer market; world demand and taste have greatly merged to global demand for numerous products. The second most recognized word in the English language is Coke. Americanization is often seen as a backlash against globalisation. As the products become for and more identifiable, comparatively cheaper and of higher quality it gives a boost to the global consumer. Effects of Globalisation on Businesses The effects of globalization vary from country to country, region to region and of course from business to business. Communications infrastructure is of high importance to modern business, but all countries do not have access to it. There is also the non-traded sector i.e. goods and services that cannot be imported or exported. For example, domestic services are provided where the house is; a clean house cannot be exported. Competition Foreign businesses buy into the domestic market. Deregulation opens up the markets to competition- it encourages innovation and creation of new markets hence challenging the traditional market leaders. Meeting consumer expectations and tastes The high awareness and exposure of the consumers, their high incomes results in them having greater and higher expectations hence forcing the businesses to meet their standard. Economies of scale Selling in the global market allows enormous economies of scale, though not all businesses benefit from it. Choice of location Businesses can now operate from cheaper and more efficient. UK has been seen as an attractive location specifically for financial services. Many businesses have located in UK, boosting their economy and also providing increased competition for the domestic businesses. The increased movement of businesses and jobs has forced the governments to compete with each other to provide attractive and low costing locations. Example Ireland offers Tax Holidays to relocating businesses. Multinational and multicultural management This is one of the biggest challenges faced by businesses and their managers. A multinational business environment is complex and has more variables, thus difficult to manage. A multicultural employment policy results in employees of various nationalities, languages, cultures and religions, in various offices across the globe. Globalization of markets The importance of national borders grows less. Markets are stretching across the border and the MNCs are well placed to take full advantage of this. Globalisation is directly proportional to the economic growth of a country, as it eventually contributes positively in reducing any countrys poverty level. (http://ishrathusain.iba.edu.pk/speeches/globalization/Impact_of_globalization_Mahboobul_Haq.pdf) A- International Regional Institutions, Policies, Governance B Domestic Policies, Institutions Governance Diversity Explained When used in business terminology, Diversity [Def.] refers to a company that has hired a diverse workforce. In the employees they have men, women, and people of different racial and ethnic backgrounds. In the global market such a company can understand the market conditions and demographics in a much better way. They can then use this information and equip themselves to thrive. A company that has a diverse workforce is more likely to improve its productivity and their employees are more satisfied, than a company with a limited workforce. The federal and state laws in the US, prohibits the companies to discriminate on the basis of race or ethnicity when hiring or assigning employees. Workplace Diversity Diversity in the workplace results in many benefits as well as challenges. Benefits Communication is a key element for the successful running of a diverse company. Along with diversity come substantial benefits. Such as: Better decision making Improvement in problem solving Greater innovation and inspiration for creativity Recognition of the employees talents This leads to: Improved product development Successful marketing Employees having a sense of belonging Greater commitment and loyalty of the workers Challenges Management faces numerous problems in managing a diverse workforce. Many organizational theorists have raised their concerns over the motivation and management of a diverse workforce. Diverse organizational work environment should be considered as low context cultures. Many challenges are to be faced by the management. Such as: Miscommunication within the organization Interpretation of messages can vary from person to person since no two people have the same experience of events Cultural bias including prejudice and discrimination Assimilation UN Global Compact and Global Businesses The UN Global Compact focuses on human rights, labour, and the environment and anti-corruption laws. They have universal consensus and have been derived from: The Universal Declaration of Human Rights The International Labour Organizations Declaration on Fundamental Principles and Rights at Work The Rio Declaration on Environment and Development The United Nations Convention Against Corruption Companies are asked to embrace, support and enact, within their sphere of influence, a set of core values in the areas of human rights, labour standards, the environment and anti-corruption. Human Rights Businesses should support, respect and protect the internationally proclaimed human rights; and making sure that they are not complicit in human rights abuses. Labour Businesses should uphold the freedom of association; they should focus on the elimination of all forms of forced and compulsory labour; abolition of child labour; and eliminate discrimination in respect of employment and occupation. Environment They should maintain a precautionary approach towards environmental challenges; take on initiatives to promote environmental responsibility; and promote the progress and circulation of environmentally friendly technologies. Anti-Corruption Businesses should get together and work against corruption in all its forms, including extortion and bribery. Challenges of Globalisation and Diversity (John Manzoni (2005) The basic challenge that is faced by economic globalisation is to make the global system deliver economic growth more consistently and equitably, as the best way to reduce global inequality and poverty. Globalisation is faced with both region- and subject-specific challenges. The performance of the industrial countries determines Global growth. Their attitudes towards globalisation shall act as a key to the future of the global economy. Thus the governments need to step up and support the right policies; help people deal with the consequences of economic change; and come through on the promises of trade, aid, and also of strengthening the international economic system. In Asia, South Korea had led the way, China and India are also headed on the path to sustainable growth, and it is expected to continue to spread. Fierce competition for markets and talent, scrutiny and in some cases public doubt, the expectations of investors and the market pressures for sustained competitive performance. All these issues will remain challenges, some ever intensified by globalisation. In addition to these familiar themes there are new challenges driven by the changes that are taking place in the global economy. Absence of a framework of global rules No global framework of rules and regulations exists to match the global nature of business. The companies are required to operate by the laws of the country that they are located in. Organization and management of companies Companies must apply delegation of authority, to establish who is responsible for what and to ensure that everyone understands the framework of standards within which they are to do their job. Cultural diversity This is related to cultures and values. Historically business is monocultured. But now it is impossible to do business in this way. Locals have to employed in senior staff roles so that they may bridge the cultural divide. Corporate responsibility for the externalities associated with business activity This issues is certainly not a new one, but has been intensified by globalisation. Conclusion and Recommendations In the 21st century, globalisation is changing the international framework conditions and, consequently, the fundamental conditions as well. Globalisation presents a number of new challenges, for example: The fight against international terrorism Relations between the West and the Muslim World Problems in the area of energy and the environment Conflicts and the suppression of human rights The prospects for continued global growth The fight against poverty, especially in Africa More non-state actors on the international scene The world is moving in the direction of a global network and the new challenges are to be addressed accordingly. This requires strong partnerships and presence worldwide. In the age of globalisation, it is the objective of businesses to contribute decisively to furthering their interests on the international scene and to enable them to pursue a policy internationally that will help foster broad and committing international cooperation regarding the challenges presented by globalisation. The businesses must focus sharply on the challenges presented by globalisation For example terrorism, relations between the West and the Muslim World, new challenges with respect to energy and the environment, global competition, poverty reduction). Must establish open and strong partnerships in domestics markets as well as abroad Implying, among other things, enhanced co-operation with civil society, enterprises, organizations and ministries. They must be present in the hot spots of globalization Implying, among other things, proposals for new embassies and the reinforcement of existing missions. Some argue that globalization is driven by technology, and that it represents an unstoppable force. Perhaps in the long run. We cannot take it for granted that the world will continue down the road of globalization, greater prosperity, and greater democracy. Political, cultural and religious forces play the dominant role in shaping the future of globalization. The world and the economic system we live in are highly imperfect. There is much that needs to be done to make it work better. But as we do that, we should maintain a perspective that reflects what Winston Churchill said of democracy (Democracy is the worst form of government, except for all the others that have been tried): The pro-market, pro-globalization approach is the worst economic policy, except for all the others that have been tried In conclusion globalisation creates an opportunity for businesses to expand revenue streams, diversify risk and increase brand equity. Many companies have successfully expanded their business as a response to the drivers of globalisation. There has also been a noticed development in the global strategies of companies as a response to globalisation.

European Missionaries in Africa Essay -- African Missionaries Religion

European Missionaries in Africa   Ã‚  Ã‚  Ã‚  Ã‚  At the beginning of the nineteenth century, Christianity was bounded to the coastal areas of Africa. At this time in Western Africa, there were a total of three missionary societies operating in western Africa. There was the Society for the Propagation of the Gospel (SPG), the Wesleyan Missionary Society (WMS), and the Glasaw and Scottish Missionary Society (GSMS). In the southern portion of Africa, the Morovian Missionary and the London Missionary were dominant. There was only one society in eastern Africa and there were none at all in northern Africa. However, by 1840 the number of missionary societies had increased to more than fifteen in western Africa, eleven in southern Africa, five in eastern Africa in 1877 and there were six in northern Africa in 1880. Not only were these societies active in the coastal region of Africa, but they also started stretching inland to lands where they haven’t reached before. Around the year 1860, these societies in south ern Africa had traveled as far north as present day Botswana, Lesotho and Zambia. (Boahen 15) Famous names of this time include David Livingston and Robert Moffat. (Gordon 285) Maybe it is good to look at how these missionaries spread and shared their ideas to all four corners of Africa. When the Europeans landed in Africa in the beginning, they had no knowledge of the type of people that they were dealing with. They knew nothing of their culture, language, religion or anything of that nature. So the Europeans had to find someone or something to tell them about the people they were dealing with. The Europeans looked no further than the slaves†¦mainly in the United States. The United States exported freed slaves back to Africa in order to help the colonization process run smoother. After all, these people knew about African culture and language and the people of Africa would probably listen to someone of their own color before a white European whom they knew nothing about. The Christian Africans were most successful around the Guinea coast†¦around Sierra Leone, Liberia and Nigeria. (Gordon 44) In fact, most African Catholics owe their conversion to black catechists. Catechists were Africans who were mostly untrained and unordained, but preached the gospel and set up Catholic communities all over Africa. These catechists were the main people responsible for ... ...ed† people, which mainly comprised of the workers and the poorer citizens of Africa. The result of this was, of course, much social tension and upheaval.   Ã‚  Ã‚  Ã‚  Ã‚  Even though the people of Africa were given a steady diet of Christianity and Christian doctrine from the missionaries, there were still many that had no intentions of converting. Most Africans held true to their own traditions, there own religion, and their own customs. It also didn’t take a while for the Africans to realize that the missionaries and colonization went hand in hand. The missionaries help the colonizers work up treaties that cheated Africa tribes out of their land and their resources. Kenyan nationalist leader, Jomo Kenyatta, was quoted saying â€Å"When the missionaries came the Africans had the land and the Christians had the Bible. They taught us to pray with our eyes closed. When we opened our eyes we saw that they now had the land and we had the Bible.† ( Gordon 286)   Ã‚  Ã‚  Ã‚  Ã‚   This is the sad truth. The missionaries did use Christianity as a way to control the Africans and make the colonization process easier. These people were doing quite well without having Christianity in their lives†¦believe it or not.

The Biography of Absalom Jones and Richard Allen Essay -- Race in Amer

The union and biography of Absalom Jones and Richard Allen is a unique tale. Nonetheless, when we think of major influences in black history theirs is not amongst the names that readily come to mind. When discussing great advocates for equality and rights for the African Americans, names such as Martin Luther King Jr., Malcolm X, Rosa Parks, and other prominent advocates widely televised are thought about. But seldom, if ever, are we are we told the tale of two seemingly distant African-American men, who unite for a similar cause and later leave one of the most important impacts made in the city of Philadelphia. Although Jones and Allen were not popular as other well-known leaders, their background story is much more distinctive. Both born into slavery in Delaware, living just a few hours away from each other, they both eventually earned their suffrage and began their own lives. But as providence would have it their individuality was much more entwined than they knew. Absalom Jones a nd Richard Allen were great men who were able to transform their lives from bondage to founders of great establishments and principal figures amongst Philadelphia’s African- American community. Absalom Jones was born into slavery in Delaware, Sussex County on November 1746. Jones and his family served Benjamin Wynkoop who was a well known merchant. Due to his illiteracy, Jones sought to teach himself how to read and write by spending his allowances on spelling books and reading materials. Well into his childhood Jones was separated from his mother and six other siblings, but Wynkoop chose to keep Jones. This serves as an opportunity for Jones to begin earning wages and was given permission to attend a school set up for African-Americans. Into 17... ...ractices in Pennsylvania.† CommonwealthofPennsylvania, February 21, 2012, http://www.portal.state.pa.us/portal/server.pt/community/community/18326/religion/673925 â€Å"Richard Allen.† Christianitytoday , August 8, 2008, http://www.christianitytoday.com/ch/131christians/denominationalfounders/richardallen.html â€Å"A Narrative of the Proceedings of the Black People... â€Å" PBSOnline, February 21, 2012 http://www.pbs.org/wgbh/aia/part3/3h456.html Dean Kevin, â€Å"Saints of the Week.† EpicospalCathedral.org, last modified February 20, 2012, http://www.episcopalcathedral.org/index.php?option=com_content&view=article&id=69&Itemid=73 Scott Miltenberger, â€Å"Absalom Jones.† OxfordUniversityPress, February 21, 2012 www2.oxfordaasc.com/article/opr/t0004/e0320 â€Å"Mother Bethel AME Church.† IndependenceHallAssociation, February 21, 2012, www.ushistory.org/tour/mother-bethel.htm

A Loaf of Breasd Essay

â€Å"A Loaf of Bread† by James Alan McPherson is a story about a man named Harold Green who is accused of cheating customers due to his overpriced products being sold at one of his supermarkets. Throughout the story, Green is faced with a plethora of different obstacles that he has to overcome in order to prove not only to his family, but to himself that he is a honest and caring man. There are many different lessons and themes you can pick out from this story, but one in particular that I feel is important is the relationship between Harold Green and Nelson Reed. Both men are introduced as complete opposites of each other, but as the story progresses they both discover that they are very much alike and the animosity they once shared was nothing more than a mere misunderstanding. By the end of the story, they both learn a lot from each other and that judging someone without knowing their position or seeing things from their perspective can often lead to false verdicts. â€Å"I did not make this world,† he repeated. â€Å"I only make my way in it† This quote perfectly describes Harold Green and his perspective on life. In the beginning of the story, Green is introduced as a selfish but honest man. He knew that he was overcharging customers in his store, but to him it was something he had to do in order to provide for his family even if it meant losing them. â€Å"What is the color of these people?† he asked. â€Å"Black,† his wife said. â€Å"And what is the name of my children?† â€Å"Green.† The grocer smiled. â€Å"There is your answer,† he told his wife. â€Å"Green is the only color I am interested in.† This furthermore shows that Green starts off as a selfish man. He chose to ignore the needs of his customers due to his lust for cash. Nelson Reed on the other hand, was introduced as a very proud and caring Christian man. He believed that what Green was doing was wrong, and felt the need to stand up for his people. Although both men seem to be complete opposites of each other, they still shared similar characteristics. They were both very stubborn and determined to stand up for what they believe in. Green at first, did not want to give in to his wife and give away his products for free. He refused to because he believed he was right, and that he needed to stand up for himself. Reed, although different from Green, shared a similar perspective about the whole situation. He felt the need to stand up for himself and his people. As the two characters progress, they both come to terms on one thing; money rules the world. â€Å"The only thing that matters in this world is money.† This quote by Reed depicts a better understanding between the two. Reed is finally starting to see things through Green’s eyes and realizes that he would’ve done the same thing as Green if he had owed the store. â€Å"Place yourself in my situation†¦ Say on a profit scale of fifteen to forty percent, at what point in between would you draw the line?† â€Å"Forty? Maybe even forty-five or fifty?† the grocer breathed in Reed’s ear. â€Å"In the supermarkets, you know, they have more subtle ways of accomplishing such feats.† Reed slapped his coffee cup with the back of his right hand. The brown liquid swirled across the counter top, wetting the books. â€Å"Damn this!† he shouted.† Although Reed is reluctant to believe he is like Green, he is now putting himself in Green’s shoes. In a way, it’s almost like Reed is giving in to himself. Green does the same thing. One morning Green decides to give in to himself and give out his products for free. In the end, as Green is in the middle of giving out items, Reed walks in and insists that he pay for the loaf of bread his wife had taken for free earlier. â€Å"I think it was brown bread. Don’t that cost more than white?† â€Å"In my store, yes,† Harold Green said. He rang the register with the most casual movement of his finger. The register read fifty-five cents. Nelson Reed held out a dollar. â€Å"And two cents tax,† the grocer said. The man held out the dollar. â€Å"After all,† Harold Green said. â€Å"We are all, after all, Mr. Reed, in debt to the government.† This last quote from the story sums up the change we see in both characters. Green has now learned that there is more to life than just money and himself, whereas Reed learns to respect Green’s profession. The fact that Reed paid full price for the bread shows that he understands Green’s position in contrast to the beginning where he saw it as a crime how Green had overpriced his items. In the end, both men had learned valuable lessons, and although at first were very different and opposing of each other, came to terms that they are no more than two similar people making money for the government.

The story revolved around an unlikely relationship

The story revolved around an unlikely relationship between a boy and a 36-year-old wealthy man. Will was wealthy and trendy. He spent most of his days laying around and being self-absorbed.He was living off his late father’s royalties from his hit single, â€Å"Santa’s Super Sleigh.† He refused to do anything with his life. Bored and desperate to meet women who were desperate for sex, he went off to join a single parent’s group called â€Å"SPAT.† He pretended to have a son, until he met Suzie.At a company outing, Will met Fiona, an eccentric hippy vegan who had a 12-year-old sold named Marcus. He was the type of child who was bullied in school because of his weird haircut and his old-fashioned clothes that his mom chose for him.During that time, Will and Marcus did not like each other very much. It was during that time when, they discovered that Fiona tried to commit suicide. Marcus spied on Will during the day and discovered he was not a single pa rent since he did not have a kid. He tried to convince Will to befriend his mother, fearing that she would try to kill herself again This was because of his mother’s constant crying.Over time, Will allowed Marcus to visit him. He even gave him new trainers. The next day, they got stolen. Marcus had to explain to his mother how Will was trying to help him out socially. Marcus joined a talent show at school to sing â€Å"Killing me Softly† that was supposed to be his mother’s favorite song.Will tried to stop Marcus from doing so and races to his school knowing it was social suicide. He arrived but was not successful in persuading Marcus from performing. Seeing that Marcus was not doing well with the crowd, he came on stage with him playing a guitar. While the performance was not as successful, the friendship forged between Will and Marcus was. It served as a pivotal part in the story as the two turned each other’s lives around.Relationships. The story revol ved around the significance of relationships each character had in each other’s lives. The theme of the story was about how relationships can change your life. Mainly, it was Will’s life that was headlined.   He was living an empty life despite his wealth and free time.It was only when he formed a relationship with Marcus that his life gained meaning and substance. He began to care about someone other than himself as shown in how he brought him new shoes and when he performed the talent show with Marcus. If he did not meet Marcus, could he have changed his life alone? It was unlikely, as he did not realize then that he needed to.It was then that he apprehended that it was not good to live his life for himself alone. He saw how different it was when he did not knew Marcus. Once he had experienced having a real relationship with a person, he yearned for it and realized he needed people too. He felt the emptiness when Marcus was not around.At the same time, Marcus was c ruising through his life as a pushover. He did not know how to act with confidence because he did lack the chance to have a father figure. He did not have anyone whom he could have such an important relationship with.The time he had spent at Will’s house built the relationship between them, even if it was unwarranted. He was hanging out with him after school and it worked for them. The story showed that relationships did not need to be conventional for them to change a person’s life.The friendship that developed between Fiona and Will was also an unusual one. But she needed that relationship with Will in order to keep her sanity and avoid depression. Even if there were times wherein, he threatened her, she was grateful for the role he played in Marcus’ life. She saw that with Will around, she had a chance to make his life better.This showed how the relationships of the people we love have with other people affects our lives as well. People were also placed in ot hers lives for a purpose. It also showed that relationships were built over time. It was also strengthened by genuine concern and honesty.It was something that needed to be worked on. People needed a witness to their lives. The story revolved around relationships and the importance of human connection was to create a meaningful existence.Work CitedHornby, Nick. About a Boy. New York: Riverhead Books, 1998.

An Overlook and Analysis of the Coca Cola Company Term Paper

An Overlook and Analysis of the Coca Cola Company - Term Paper Example As the paper outlines the company thus needs to analyze their internal environments for threats and opportunities in order to maintain their position in the ever dynamic competitive field. These different environments fall under the Pestle analysis that help the company managers to make macro decisions on policy changes. These include taxes, new laws, trade barriers and government policy changes among others. At the coca cola company economical challenges are posed by inflation due to economic crisis in most countries. The customer purchasing power is reducing to high oil and product prices. There is also a high rate of unemployment. Moreover, competition from other brands such as Pepsi is increasing. However, the company does not plan to cut down the price of their products. Socially, the lives of customers especially women is changing. Most of them are going out to work. It has resulted in the need for time management and the preference for healthier foods.   This study stresses that in the 1970s a subsidiary group in India wanted the company to share their secret formula under the Foreign Exchange Regulation Act. They declined and had to halt their operations for 16 years. The producers have been forced to provide exclusive territories to distributors. In addition, the European Commission alerted EU members to ban the sale of coca cola products due to a recent poisoning of 100 children in Belgium as a result of wrong use of carbon dioxide. In India, Protestants wanted the ban of coca cola claiming that the company was depleting ground water. There are also claims in India that coca cola possesses some amounts of pesticides that pose a risk to life. Hence, the need to ban it. The Coca Cola Company has a broad supply chain, which causes a great challenge in the development of tactical and strategic decisions. It is because of this that it faces strategic management issues globally. For instance, the same set of rules is not applied through out the company leading to an insufficient metric system for the company. As a result, there is a difference in simple things like the stock out and fill rate. These enhance the need for corporate level strategies as well as market and product development. Project management at the Coca Cola Company involves both logistics and procurement activities. Through purchasing and the involvement of ITC Infotech and consultation in SAP, there has been an improvement in supply chain management. Nonetheless, the company needs to find ways of investing in profits for future growth and earn more market shares and profits.