St George's Church, Schenectady, NY Essay Example | Topics and Well Written Essays - 750 words

St George's Church, Schenectady, NY - Essay Example To the north is the Mohawk river. As an Anglican Church, St. George’s was established by British missionaries and supported by many other churches in the area. Donations were provided by Trinity Church on Wall St., as well as from the many Dutch and English settlers. Sir William Johnson became one of the first parishioners, with a generous donation. He also used his influence with fellow officers to gain even more support. â€Å"Well known throughout the colonies for his defeat of the French at Lake George, Johnson's heroic capture of Fort Niagara only weeks before the initial subscription helped guarantee a favorable response.† (stgeorgesschenectady.org). Church membership was limited to those who held blue collar jobs with limited means Through the 1700s. In the 1770s, during the Revolutionary war the church was used as a barracks. For the remainder of the century the church struggled with membership and obtaining appropriate leadership. Again, in the early 1800s Trin ity Church donated funds for repair of St. George’s and for the Rector’s salary. In 1810 the church formed a choir. By 1830 a Sunday School with around 70 children was operating. An active Ladies’ Guild was also raising funds for church projects by this time, allowing it to become more self sufficient. In 1941 William Johnson returned, this time as Rector of St. George’s.

Next Shop Assignment Example | Topics and Well Written Essays - 1750 words

Next Shop - Assignment Example Next takes a long term view while deciding for its actions and ensures that its suppliers adhere to the same level of commitment too (Next Corporate Responsibility Report, p.3). It would be worthwhile to understand the operations of next before we delve into how the company trains and develops its employees to adapt to the market challenges. Understanding Next's Business Currently, companies are required to operate in the most challenging environment as they need to address complex set of issues for their business, for their customers, the environment in which they operate and the suppliers that they depend upon. Next fully realizes that these aspects cannot be tackled without taking into consideration its people on the job. With average 278,000 transactions done in a day, ‘Next’ claims to have 3 million active customers with them. With turnover of ?3,441million in the year ended January 2012, Next’s operation are spread in 7 countries with 26 its own stores and 1 64 overseas franchise stores in 27 countries operating in Asia, Africa and Europe continents. To cater to the customers efficiently and in time, ‘Next’ has established warehousing and distribution division. Next depends upon its suppliers to cater to the needs of its customers; at the same time, employees form a most crucial and strong link to service its valuable customers (Next Corporate Responsibility Report, p. 5-6). Next’s special emphasis on training and development of its employees should be seen in this perspective. Approach towards its People ‘Next’ believes in attracting and retaining the right people across all levels considering them a most valuable asset for the growth of the company. The company is committed to provide a healthy environment to its employees so that they can thrive in their personal and professional development. Moreover, the company works towards providing an environment where all employees are treated fairly, supported , respected and motivated so that they could reach to their full potential. The company has developed certain policies for training and the development of the employees. The company upholds basic human rights and follows International Labour Organisation (ILO) core conventions. Employees are imparted basic training so that they understand these principles. The company is well aware that committed employees can help grow the organization by delivering excellent services to the customers (Next Corporate Responsibility Report, p.16). Code of Practice Next lists key principles that speak about its employment policies. They are: Healthy and safe working conditions; reasonable working hours; equal opportunities; proper wages and benefits; no forced labour; employment security; no child labour; proper treatment to employees; and freedom of association to employees. Next applies above principles in each of the countries that it operates in and also insists on its suppliers that they also ad here to these norms (Next Corporate Responsibility Report, p.7). Safe Working Conditions Next gives top priority to the Health and safety of its employees. Next has taken necessary measures to protect their employees from high risk areas such as ‘falls from height’, construction and maintenance activities, vehicle movements, fire and many more. Next makes it very clear in its contracts with

Globalization Has Increased Poverty In A Developing Nation Economics Essay

Globalization Has Increased Poverty In A Developing Nation Economics Essay Nowadays, the term globalization is the main focus of attention. It is often described as a process of internationalization easy communication regardless of geographical boundaries due to advance technologies, easy and fast financial capital flow across the globe and countries become more interdependent particularly in economy. It is believed that globalization provides consumers with variety of choices with affordable price. So, is the globalization reducing or increasing poverty? This study will attempt to briefly answer this question. Though both the United Nations and India have celebrated fifty years, they have been criticized for failing to translate the stated mandate for the disadvantaged millions. Half a century after Independence, as of now, we have the largest population of poor people in the world, one third of our rural population is below the poverty line and despite the UN agencies massive aid projects, the development assistance of the World Bank, bilateral aid, the Center and State governments intervention, the gap between the rich and the poor has doubled in the last three decades fifteen years ago the lowest 20 per cent of global population received 2.5 per cent of global wealth whereas at present, the share has been reduced to less than 1.3 per cent. For example, the 1999 UNDP Human Development Report records that the gap between the rich and the poor among nations as well as within nations has widened. Even the World Bank in its Report for 1999 concedes that raising the GNP is not enough to impr ove human development, other social measures are needed. The trickle-down theory of economic development cannot bring out the desired results. It has also pointed out that India is a country of stark contrasts and disparities. Among the widening contradictions some seem to be glaring. Undoubtedly food grain production has increased fourfold but 653 per cent of children under four remain undernourished; literacy has doubled, yet half the population is illiterate, life expectancy has improved but only 927 females survive for every 1000 males. As we have entered into the twenty-first century, it is imperative on our part to look at the scenario with bare facts and figures. The problem statement Does Globalization increase or reduce poverty. Objective and scope Poverty in India is widespread with the nation estimated to have a third of the worlds poor. According to a 2005 World Bank estimate, 42% of Indias falls below the international poverty line of $1.25 a day (PPP, in nominal terms Rs. 21.6 a day in urban areas and Rs 14.3 in rural areas); having reduced from 60% in 1980. According to the criterion used by the Planning Commission of India 27.5% of the population was living below the poverty line in 2004-2005, down from 51.3% in 1977-1978, and 36% in 1993-1994 Among the causes ascribed for the high level poverty in India are its history under British rule, large population, and low literacy. Also important is Indias social structure, including the caste system in India, and the role of women in Indian society. Economic growth has in the past been dampened by a dependence upon agriculture, and the economic policies adopted after its independence. Since the 1950s, the Indian government and non-governmental organizations have initiated several programs to alleviate poverty, including subsidizing food and other necessities, increased access to loans, improving agricultural techniques and price supports, and promoting education and family planning. These measures have helped eliminate famines, cut absolute poverty levels by more than half, and reduced illiteracy and malnutrition. (I) Defining globalization and poverty (II) Does Globalization reduce poverty, (III) Does Globalization increase poverty, (IV) What are the other reasons contributing to poverty, (V) What role The World Bank, IMF and WTO play in developing countries, (VI) Who benefit the most from globalization. Defining Globalization and Poverty Globalization has been defined in various dimensions. Among many established definitions, these are some of them. Globalization as internationalization in which is viewed as simply another adjective to describe cross-border relations between countries; Globalization as liberalization which refers to a process of removing government-imposed restrictions on movements between countries in order to create an open, borderless world economy. Defining poverty is controversial. Definition of poverty in developed countries may not be applicable to the one in developing countries. However, United Nations and World Bank define poverty line as living on less than a $1 and $2 a day for low income countries. Sociologists define poverty a lack of essential items such as food, clothing, water, and shelter needed for proper living . Since Globalization and Poverty is a huge and very broad topic, this short paper is to attempt looking at one of the heated debate questions on whether globalization reduces or increase poverty. Numerous studies on this issue have been carried out. However, the findings are conflicting. (II) Globalization Reduces Poverty Neoliberal economists widely believe that globalized trade benefits not only the affluent but also the poor through trade integration. Neoliberal economic theorymore open economies are more prosperous, economies that liberalize more experience a faster rate of progress Wade (2004, p-567). The belief is that as countries open up their economy such as by slashing down the trade barriers for instance tariff, custom duty and quotas, price of imported goods will be affordable for the poor; foreign direct investments come in and create jobs in local economy. Consequently, this increases export growth and GDP. Millions of poor peoples living standard improves because of jobs created. China, India and Vietnam are often cited as good examples for success of globalized economy. (III) Globalization Increases Poverty On the contrary, many economists are unconvinced by the neoliberal economists view that globalization reduces poverty. Pilger (2001) in his TV report on Indonesia presents that despite investments from multinational corporations (eg. Nike, Levis, Reebok Classic, Calvin Klein Jeans, Adidas, Gap Inc.), poverty remains unchanged in Indonesia. On average, Indonesian workers are paid only slightly over Rupiah 9,000 (US$1) per day which is just over half of a living wage. Harrison (2006) finds similar situation in Mexico. Mexico is a member of North American Free Trade Agreement (NAFTA) signed in 1993 with Canada, Mexico and USA. If trade integration is to reduce poverty and benefit the poor as neoliberal economists suggest, poverty in Mexico should be declined. But, Harrison (2006, p-7) concludes that poverty rates in Mexico in the year 2000 were higher than they had been ten years earlier. This reinforces that neoliberal economists view on decline of poverty is unconvinced. (IV) Other reasons contribute to poverty Wade (2004, p-571) states that more than 1.2 billion people are still living on less than US$1 a day. The followings are some of the most recognized reasons contribute to poverty: lack of natural resources, natural disaster long period of draught, corruption and sanctions imposed against specific country. For example, according to United Nations, Cape Verde is one of the most stable democratic countries in Africa and the government is relatively mild in corruption. It ranks 49 out of 179 in Transparency Internationals 2008 Corruption Perceptions Index . But due to cycles of long-term drought, lack of natural resources, shortage of water supply and lack of foreign investments, the state is still among the poorest nations on earth despite its good governance. Countries with rich endowment of nature resources also remain in poverty due to wide spread corruption, bad governance, political instability and economic sanctions imposed by powerful countries. For example, my country, Myanmar (Burma) is still among the worlds poorest countries despite rich endowment of natural resources from oil to various gem stones. It is due to political instability, severe corruption, lack of reliable judiciary system, basic infrastructures and economic sanction imposed by The US. Consequently, unemployment rate is remarkably high and chance of economic success for big majority of population is slim unless economic and political reform take place. (V) Role of World Bank, IMF and WTO on development in poor countries The World Bank, International Monetary Fund (IMF) and World Trade Organization are widely known as driving forces of trade liberalization. Pilger (2001) interviews several former executive officials of The World Bank and IMF in his TV report on Indonesia. Those officials explain that the roles The World Bank and IMF have played in Indonesias economy and various criteria a country to comply with order to get loan from them. World Bank and IMF are supposedly to help poor countries. In reality, powerful countries use the two institutions as tools to suck up resources from developing countries via multinational corporations, according to the TV report. To get loans from the institutions, a country has to reform its economy which mainly means to open up markets and allow multinational corporations to access to countrys resources and privatize industries. Thus, complying with the criteria implies serving the best interests of multinational corporations. In addition to opening up markets for multinational corporations, the loans also come with so called technical experts or consultants. So, significant sum of the loans go back to developed countries as salaries of those experts. To get loan from the institutions, a country also has to have a good relationship with the US because it controls 16.77% of total votes in IMF and 16.39% of The World Banks total vote. For instance, N-Korea and Cuba cannot get loans from the institutions because of sour relationship with The US. World Trade Organization (WTO) is another driver of trade liberalization. It forces member countries to open up their markets and eliminate trade barriers. New members are also required to fulfill these criteria. Members are required to comply with intellectual property laws which were mainly written by the big corporations. WTO is widely criticized for being ineffective to protect the interests of developing nations. When trade disputes occur, chance of getting success in legal battle for poor country is very slim even if it has a good ground because the mechanism is so expensive and complicated. Besides, it cannot force developed countries to stop subsidizing agricultural industry because farmers from poor countries are unable to compete with those heavily subsidized farmers in developed countries. Thus, poor countries always have less advantage in global trading system. (VI) Who benefits the most from globalization? There is no doubt that globalized trades/economy benefits all the parties concerned. However, various studies show that advanced countries are benefiting from the trades more than poor countries. Yotpoulos and Romano (2007, P-21) state that free markets and free trade work best if there are supported by extensive institutional structure such as business infrastructures, reliable legal system and political stability. Thus, globalization is more likely to favour the countries which are wealthy and institution rich, at the expense of those that are poor. On the other hand, developing countries with strong infrastructure base, political stability, dependable legal system and abundant labor forces also benefit from globalization. China, India and Vietnam are often cited as ideal examples. Furthermore, United Nation (2007, P-23) asserts that countries with bargaining strength are more likely to benefit more from bilateral trade agreements and impose more onerous terms on the weaker parties. We must ensure that the global market is embedded in broadly shared values and practices that reflect global social needs, and that all the worlds people share the benefits of globalization. Kofi Annan . (VII) Conclusion In short, it is hard to find convincing data to support either globalization reduces or increases poverty. However, it is clear that globalization is more beneficial to developed countries than to developing countries mainly because of wide spread corruption, bad governance, lack of necessary business infrastructures. Unless world leaders share Kofi Annans concern We must ensure that the global market is embedded in broadly shared values and practices that reflect global social needs, and that all the worlds people share the benefits of globalization., the following remarks are unfortunately likely to continue to be true. George Monbiot (Environmentalist) summarizes, Globalization is used to suggest a coming together of people of all races, all countries. It will relieve poverty and distribute wealth. What is actually happening is precisely the opposite. The Poor become markedly poorer and wealthy become staggeringly wealthier. United States Space Command (1997, p-6) remarks The globalization of the world economy will also continue, with a widening between haves and have-nots. References: Ann Harrison, GLOBALIZATION AND POVERTY NATIONAL BUREAU OF ECONOMIC RESEARCH, Working Paper 12347, Cambridge, 2006. www.nber.org/papers/w12347 John Pilger, Globalization: New Rulers of the World, Carlton Production, 2001. (TV report) Pan A. Yotpoulos and Donato Romano (editors), The Asymmetries of Globalization, Routledge, USA Canada, 2007. ROBERT HUNTER WADE, Is Globalization Reducing Poverty and Inequality? London School of Economics and Political Science, World Development Vol. 32, No. 4, pp. 567-589, UK, 2004. United Nations, The Employment Imperative: Report on the World Social Situation 2007 New York, 2007. Significance of the study India opened up the economy in the early nineties following a major crisis that led by a FOREX crunch that dragged the economy close to defaulting on loans. The response was a slew of Domestic and external sector policy measures partly prompted by the immediate needs and partly by the demand of the multilateral organisations. The new policy regime radically pushed forward in favour of a more open and market oriented economy. Major measures initiated as a part of the liberalisation and globalisation strategy in the early nineties included scrapping of the industrial licensing regime, reduction in the number of areas reserved for the public sector, amendment of the monopolies and the restrictive trade practices act, start of the privatisation programme, reduction in tariff rates and change over to market determined exchange rates. Over the years there has been a steady liberalisation of the current account transactions, more and more sectors opened up for foreign direct investments and portfolio investments facilitating entry of foreign investors in telecom, roads, ports, airports, insurance and other major sectors. The Indian tariff rates reduced sharply over the decade from a weighted average of 72.5% in 1991-92 to 24.6 in 1996-97.Though tariff rates went up slowly in the late nineties it touched 35.1% in 2001-02. India is committed to reduced tariff rates. Peak tariff rates are to be reduced to the minimum with a peak rate of 20%, in another 2 years most non-tariff barriers have been dismantled by March 2002, including almost all quantitative restrictions. Globalization has increased poverty, although there is a school of thought that it has reduced poverty. India is Global: The liberalisation of the domestic economy and the increasing integration of India with the global economy have helped step up GDP growth rates, which picked up from 5.6% in 1990-91 to a peak level of 77.8% in 1996-97. Growth rates have slowed down since the country has still bee able to achieve 5-6% growth rate in three of the last six years. Though growth rates has slumped to the lowest level 4.3% in 2002-03 mainly because of the worst droughts in two decades the growth rates are expected to go up close to 70% in 2003-04. A Global comparison shows that India is now the fastest growing just after China. This is major improvement given that India is growth rate in the 1970s was very low at 3% and GDP growth in countries like Brazil, Indonesia, Korea, and Mexico was more than twice that of India. Though Indias average annual growth rate almost doubled in the eighties to 5.9% it was still lower than the growth rate in China, Korea and Indonesia. The pick up in GDP growth has helped improve Indias global position. Consequently Indias position in the global economy has improved from the 8th position in 1991 to 4th place in 2001. When GDP is calculated on a purchasing power parity basis. Globalisation and Poverty: Globalisation in the form of increased integration though trade and investment is an important reason why much progress has been made in reducing poverty and global inequality over recent decades. But it is not the only reason for this often unrecognised progress, good national polices , sound institutions and domestic political stability also matter. Despite this progress, poverty remains one of the most serious international challenges we face up to 1.2 billion of the developing world 4.8 billion people still live in extreme poverty. But the proportion of the world population living in poverty has been steadily declining and since 1980 the absolute number of poor people has stopped rising and appears to have fallen in recent years despite strong population growth in poor countries. If the proportion living in poverty had not fallen since 1987 alone a further 215million people would be living in extreme poverty today. India has to concentrate on five important areas or things to follow to achieve this goal. The areas like technological entrepreneurship, new business openings for small and medium enterprises, importance of quality management, new prospects in rural areas and privatisation of financial institutions. The manufacturing of technology and management of technology are two different significant areas in the country. There will be new prospects in rural India. The growth of Indian economy very much depends upon rural participation in the global race. After implementing the new economic policy the role of villages got its own significance because of its unique outlook and branding methods. For example food processing and packaging are the one of the area where new entrepreneurs can enter into a big way. It may be organised in a collective way with the help of co-operatives to meet the global demand. Understanding the current status of globalisation is necessary for setting course for future. For all nations to reap the full benefits of globalisation it is essential to create a level playing field. President Bushs recent proposal to eliminate all tariffs on all manufactured goods by 2015 will do it. In fact it may exacerbate the prevalent inequalities. According to this proposal, tariffs of 5% or less on all manufactured goods will be eliminated by 2005 and higher than 5% will be lowered to 8%. Starting 2010 the 8% tariffs will be lowered each year until they are eliminated by 2015. GDP Growth rate: The Indian economy is passing through a difficult phase caused by several unfavourable domestic and external developments; Domestic output and Demand conditions were adversely affected by poor performance in agriculture in the past two years. The global economy experienced an overall deceleration and recorded an output growth of 2.4% during the past year growth in real GDP in 2001-02 was 5.4% as per the Economic Survey in 2000-01. The performance in the first quarter of the financial year is5.8% and second quarter is 6.1%. Export and Import: Indias Export and Import in the year 2001-02 was to the extent of 32,572 and 38,362 million respectively. Many Indian companies have started becoming respectable players in the International scene. Agriculture exports account for about 13 to 18% of total annual of annual export of the country. In 2000-01 Agricultural products valued at more than US $ 6million were exported from the country 23% of which was contributed by the marine products alone. Marine products in recent years have emerged as the single largest contributor to the total agricultural export from the country accounting for over one fifth of the total agricultural exports. Cereals (mostly basmati rice and non-basmati rice), oil seeds, tea and coffee are the other prominent products each of which accounts fro nearly 5 to 10% of the countries total agricultural exports. Where does Indian stand in terms of Global Integration? India clearly lags in globalisation. Number of countries have a clear lead among them China, large part of east and far east Asia and eastern Europe. Lets look at a few indicators how much we lag. Over the past decade FDI flows into India have averaged around 0.5% of GDP against 5% for China 5.5% for Brazil. Whereas FDI inflows into China now exceeds US $ 50 billion annually. It is only US $ 4billion in the case of India Consider global trade Indias share of world merchandise exports increased from .05% to .07% over the pat 20 years. Over the same period Chinas share has tripled to almost 4%. Indias share of global trade is similar to that of the Philippines an economy 6 times smaller according to IMF estimates. India under trades by 70-80% given its size, proximity to markets and labour cost advantages. It is interesting to note the remark made last year by Mr. Bimal Jalan, Governor of RBI. Despite all the talk, we are now where ever close being globalised in terms of any commonly used indicator of globalisation. In fact we are one of the least globalised among the major countries however we look at it. As Amartya Sen and many other have pointed out that India, as a geographical, politico-cultural entity has been interacting with the outside world throughout history and still continues to do so. It has to adapt, assimilate and contribute. This goes without saying even as we move into what is called a globalised world which is distinguished from previous eras from by faster travel and communication, greater trade linkages, denting of political and economic sovereignty and greater acceptance of democracy as a way of life. Consequences: The implications of globalisation for a national economy are many. Globalisation has intensified interdependence and competition between economies in the world market. This is reflected in Interdependence in regard to trading in goods and services and in movement of capital. As a result domestic economic developments are not determined entirely by domestic policies and market conditions. Rather, they are influenced by both domestic and international policies and economic conditions. It is thus clear that a globalising economy, while formulating and evaluating its domestic policy cannot afford to ignore the possible actions and reactions of policies and developments in the rest of the world. This constrained the policy option available to the government which implies loss of policy autonomy to some extent, in decision-making at the national level. ~

Hucks Conflicted Character in Mark Twains The Adventures of Huckleber

Huck's Conflicted Character in Twain’s Adventures Of Huckleberry Finn The first eleven chapters of Adventures establish Huck's character prior to his journey on the river with Jim. Dealing with external difficulty is easy for Huck, as he consistently adapts to his environments; however, his actions contradict his desires, revealing that Huck is conflicted. Initially, religion is appealing to Huck when the Widow Douglas tries teaching him: "After supper she got out her book and learned me about Moses and the Bulrushers; and I was in a sweat to find out all about him" (220). Salvation seems possible to Huck, but he prefers to go to the "bad place" instead of spending eternity with Miss Watson (221); also, he abandons the concept of morality as a result of Miss Watson imposing it upon him. "I couldn't see no advantage about [helping others]...so at last I reckoned I wouldn't worry about it anymore, but just let it go" (226). Huck does not realize that he is not a selfish person, but resolves to sacrifice salvation instead of living selflessly simply because of the source and c...

The Impact of Advertising on Graffiti

In an era defined by hyper reality, branded lifesylfe, and instant gratification. Effect= noun Is graffiti a direct result of advertising? To evaluate how the advertising industry has played a role in the inception of street art sub culture, we must compare each institution’s role in society, the techniques employed (use of propaganda) by each, and how past artistic movements have been influenced by forces that propel them into. Commercial consumer advertising is propelled by immediate financial profit and mediated by boardrooms and stockholders.It aims at exposing that product in an appealing way, and doing it so as many people are aware of that product. Graffiti is a tool used by individuals with their own agenda, one however that doesn't include profit as its foremost target. The main agenda of a graffiti artist is exposure by means of guerrilla tactics. To understand how advertising has contributed to the establishment of graffiti subculture, the roles each has in society must be examined. Advertising has come a long way from the archaic methods of attraction. Long gone are the times of fact-based advertising.Instead we have moved on to the aesthetisation of commodities, and consequently a world in which the promise made by the seller of love, eternal youth and a perfect body turns people into obsessive-compulsive consumers with a proclivity for instant gratification and a 5-second attention span. The advertising industry sells a way of life, not a product; in fact the ad itself becomes the object of aesthetisation. Over time advertisements have become much more than just ads, they incorporate art of all kinds to appeal to all tastes, using strong cultural signifiers that evoke certain emotions in the viewer.They are like an exact science; they employ psychologists, behaviorists, and all kinds of experts from different fields to pinpoint the moment when a mind will be ready to respond to all these messages. Graffiti becomes a visual manifestation of man's desire to leave his mark on the world, something that is the hallmark of advertising practice, while visually (logos, signs, brands), advertising has provided the ‘raw materials' as it were, with which writers become known. advertising and a world over-saturated with popular culture imagery

American Materialism

The world is now filled with corporations dedicated to provide both wants and needs of the people. If a person is craving for Big Mac or missing any episode of a favorite show, the access to acquire what is wanted is delimited by just any means. Corporations are everywhere, go to any place in the United States and there are the hundred corporations waiting just to serve you.American tastes accessibly satisfied anywhere nowadays. The proliferation of American products and corporations dedicated in giving them is not just mere coincidence of society development, but a result of globalization and the trend of conscious disintegration of American attitudes and values, aptly stated, is cultural imperialism.(Galeota, 2004) In 1976, theorist Herbert Schiller defines cultural imperialism as â€Å"the sum processes by which society is brought into the modern world system, and how its dominating stratum is attracted, pressured, forced, and sometimes bribed into shaping social institutions top correspond to, or even promote, the values and structures of the dominant center of the system†. (Galeota, 2004) This statement regards the influence of corporate America as not involving simple consumer goods, but rather the fact those American principles such as freedom and happiness disseminates.Although this is appealing at first glance, in a way it show how society is progressing, it covers the awful truth that many cultures in America, held by moral values and principles are gradually disappearing because of the influence of corporate America. There are many motivations to which American cultural imperialism can be attributed to. Throughout history, there has been the desire to access foreign markets and the belief of the superior America, dominating the world.This desire now transforms into greater desire to control not just the foreign markets, but also the entire consumers of the world, not just in America. This is the enabling factor for business enterprises to expa nd and franchise. The American corporation domination results to local enterprises’ suffering. And because American corporations are able to gain profit, and conveniently serve America interest, they disregard the detrimental effects of American corporations’ control of the global market.Historically, materialism in America can be attributed to the Protestant Ethics and the Expansion of merchants in America. The first reason, attributed to the study of Max Weber â€Å"The Protestant Ethic and the Spirit of Capitalism† (1904-1905), states that because the original settlers of America are Calvinists, their beliefs supplies moral energy and drive towards a capitalist entrepreneur. (M. , 2001) They worked their way into development towards the accumulation of work, but at the same time lived simple lives and failed to enjoy the fruits of their labor.(M. , 2001) This is the principle that governs the protestant ethic, that hard work is essential with simple living. M ore so, the ethic prescribed attributes religious reasons for the manner by which people and society should live. The idea is that hard work is prescribed by God, one of the reasons why we exist. Thus wealth is God-given and seen as God’s reward to those who works hard. This attitude also relates to the nineteenth century belief of the jingoists which attempted to fulfill what according to them was divinely ordained American expansion.The other reason for corporate America’s influence on materialism lies in the expansion of merchants during the 1920’s headed by the group Great merchants (the Sears & Roebuck, Wanamaker’s, and Marshall Fields). (W. , 1993) The group experienced difficulties in expanding their business and thus was motivated to think of ways to have new methods in merchandising, fashion, advertising and consumer credit. Consumer credit became popular as businesses were getting more from credit taxes and interests. Even through the Great Mark et Crash of 1929 and the Great Depression, America did not lose its taste for consumerism and profit.Newer corporations experienced the need for greater mass seduction and gaining of profit after a period of the market’s recession. This did not hinder merchants to expand their options. Business schools started to emerge and the new theories in economics are now greatly reserved for the study concerning business and marketing. Marketing is one of the greatest influences on American materialism brought by corporate America. Advertisements, posters, billboards and others now promises greater benefits for the consumer at a cost which can be redeemed through work and even consumer credit.What this does is to project the image of America as provider of all things and the land of greatness- the reason for American consumers’ clamor for products. Corporation which reached the global market had employed localized strategies to gain their stance in a globally competitive world. Corporations are now capable to expand and sell their product worldwide with the thought that if in America they gain profit, much more in other countries. (W. , 1993) Corporate America influenced not just American consumers to become materialistic, but even global consumers.Corporations have succeeded in making them superior and globally competitive. Products and other items can easily be acquired and consumers find these products as necessity more than luxury goods. Money does not buy happiness. The essential goal in living a full life is not just mere acquisition of money to buy anything you want, or whatever is the hottest item in the market today. What is important is setting the priority to recognize the intangible rewards or life: family, love, relationships, friendships and others.Section 2: No, Corporations does not cause Materialism Life is about achieving happiness. Borrowing Socrates’ thoughts, the goal in life is to pursue happiness. Happiness comes in many forms ; certainly the general idea on happiness comes from acquiring material possession or from the intangible perks of living life, like love, family and friends. The person who thinks of today will account wealth as an important factor in his happiness- not just being satisfied emotionally, spiritually and morally, but also materially.In psychology’s basic needs, we account food, shelter and clothing as the primary needs of the individual. Accomplishing those needs means that the person can now start to live his life comfortable. But as development in society transpires, as people sees the potential of available resources and service to other people as well, the concept of having more than the basic is a reason to work hard and do good in a chosen career. Having wealth is a personal and subjective goal.When one has money, this does not mean that he/she is intrinsically materialistic, it can be said that the benefits of having money in a corporate and capitalism dominated world m eans a comfortable life for families and people. Work pays off with financial gains, and the more hard work put into it, the more rewards for a hard day’s work. People who are somehow viewed as materialistic is charged with this false accusation. It can be realized that with wealth, happiness and other aesthetic meanings to life can be the ultimate and final goal of the person.Acquisition of wealth is now deemed as a way to meet the ends. In a capitalist dominated world, corporate America is now greatly influenced with theories on the economy and business sector. These sectors can be stated as governing factors in the way people live. A country’s market economy is a determinant and a reflection of the people in the society lives. In America, considered as one of the biggest nations in the world; the most competitive, and rich country, had made it a point to provide American consumers their needs and wants.To satisfy their need with their financial ability contributed t o their stance in a globally competitive world. Corporations and businesses should not be blamed for the materialistic Americans. Some Americans work hard for their money, even to the point of having no time for their family and personal life. We cannot blame Americans who has set their priority to work, because behind it, there lays the reason that they want to provide for their family and achieve a sense of self-fulfillment by accomplishing their goals in their careers.It can also be said that those accused materialistic Americans are just reaping their rewards of hard work that their intention is to live fruitfully their given hard labor. After all, they deserve it. Corporations is not a reason for the materialistic America, their main goal is to provide consumers with a range of products they need, they want, and can afford. The society should also not be blamed for spending money or regarding financial status as important in their lives, after all, the true reason behind it all is to be self-fulfilled and happy.Let us look behind the actions and focus on the reasons that reflect who Americans really are, people who are in pursuit of their happiness. Reference: Galeota, J. (2004). Cultural imperialism: an American tradition [Electronic Version], 1. Retrieved April 23 from http://www. encyclopedia. com/doc/1G1-116733753. html. M. , W. (2001). The Protestant Ethic and the Spirit of Capitalism (T. Parsons, Trans. ). New York: Routledge. W. , L. (1993). Land of Desire, merchants, Power and the Rise of a New American Culture. New York: Random House.

The Early History of Flight

The Early History of Flight   Around 400 BC - Flight in China The Chinese’s discovery of a kite that could fly in the air started humans thinking about flying. Kites were used by the Chinese in religious ceremonies. They built many colorful kites for fun, also. More sophisticated kites were used to test weather conditions. Kites have been important to the invention of flight as they were the forerunner to balloons and gliders. Humans Try to Fly like Birds For many centuries, humans have tried to fly just like the birds and have studied the flight of winged creatures. Wings made of feathers or light weight wood have been attached to arms to test their ability to fly. The results were often disastrous as the muscles of the human arms are not like a birds and cannot move with the strength of a bird. Hero and the Aeolipile The ancient Greek engineer, Hero of Alexandria, worked with air pressure and steam to create sources of power. One experiment that he developed was the aeolipile, which used jets of steam to create rotary motion. To do this, Hero mounted a sphere on top of a water kettle. A fire below the kettle turned the water into steam, and the gas traveled through pipes to the sphere. Two L-shaped tubes on opposite sides of the sphere allowed the gas to escape, which gave a thrust to the sphere that caused it to rotate. The importance of the aeolipile is that it marks the start of engine created movement will later prove essential in the history of flight. 1485 Leonardo da Vinci’s Ornithopter and the Study of Flight. Leonardo da Vinci  made the first real studies of flight in the 1480s. He had over 100 drawings that illustrated his theories on bird and mechanical flight. The drawings illustrated the wings and tails of birds, ideas for man carrying machines and devices for the testing of wings. His Ornithopter flying machine was never actually created. It was a design that Leonardo da Vinci created to show how man could fly. The modern day helicopter is based on this concept. Leonardo da Vincis notebooks on flight were re-examined in the 19th century by aviation pioneers. 1783 - Joseph and Jacques Montgolfier and The Flight of the First Hot Air Balloon Two brothers,  Joseph Michel and Jacques Etienne Montgolfier, were inventors of the first hot air balloon. They used the smoke from a fire to blow hot air into a silk bag. The silk bag was attached to a basket. The hot air then rose and allowed the balloon to be lighter than air. In 1783, the first passengers in the colorful balloon were a sheep, rooster and duck. It climbed to a height of about 6,000 feet and traveled more than one mile. After this initial success, the brothers began to send men up in hot air balloons. The first manned hot air balloon flight was carried out on November 21, 1783 and the passengers were Jean-Francois Pilatre de Rozier and Francois Laurent. 1799-1850s - George Cayley’s Gliders Sir George Cayley is considered the father of aerodynamics. Cayley experimented with wing design, distinguished between lift and drag and formulated the concepts of vertical tail surfaces, steering rudders, rear elevators and air screws. He also designed many different versions of gliders that used the movements of the body for control. A young boy, whose name is not known, was the first to fly one of Cayleys gliders. It was the first glider capable of carrying a human. For over 50 years, George Cayley made improvements to his gliders. Cayley changed the shape of the wings so that the air would flow over the wings correctly. He also designed a tail for the gliders to help with the stability. He then tried a biplane design to add strength to the glider. Additionally, Cayley recognized that there would be a need for machine power if the flight was to be in the air for a long time.

The Trump Effect in Schools

The Trump Effect in Schools A ten-day surge of hate crimes followed the election of Donald Trump in November 2016. Southern Poverty Law Center (SPLC) documented nearly 900 incidents of hate crimes and bias incidents, most committed in celebration of Trumps win, in the days following the election. These incidents occurred in public places, places of worship, and at private homes, but across the country, the largest proportion of incidents- more than a third- occurred in the nations schools. Zeroing in on the problem of Trump-related hate within U.S. schools, SPLC surveyed 10,000 educators from across the country in the days following the presidential election and found that the Trump Effect is a serious nationwide problem. The Trump Effect: Increased Hate and Bullying and Heightened Fear and Anxiety In their 2016 report titled The Trump Effect: The Impact of The 2016 Presidential Election on Our Nations Schools, SPLC reveals the findings of their nationwide survey. The survey found that the election of Trump had a negative effect on the climate within the vast majority of the nations schools. The research reveals that the negative aspects of the Trump Effect are two-fold. On the one hand, in most schools, students who are members of minority communities are experiencing heightened anxiety and fear for themselves and their families. On the other hand, in many schools across the nation, educators have observed a sharp uptick in verbal harassment, including the  use of slurs and hateful language directed at minority students, and have observed swastikas, Nazi salutes, and display of Confederate flags. Of those who responded to the survey, a quarter said that it was clear from the language students used that the incidents they observed were directly related to the election. In fact, according to a survey of 2,000 educators conducted in March 2016, the Trump Effect began during the primary campaign season. Educators who completed this survey identified Trump as an inspiration for bullying and a source of fear and anxiety among students. The increase in bias and bullying that educators documented in the spring skyrocketed in the aftermath of the election. According to reports by educators, it appears that this side of the Trump Effect is found primarily in schools in which the student population is majority white. In these schools, white students target  immigrants, Muslims, girls, LGBTQ students, disabled kids, and Clinton supporters with hateful and biased language. Attention to bullying in schools has increased in recent years, and some might wonder if what is being called the Trump Effect is simply run-of-the-mill behavior among todays students. However, educators across the country reported to SPLC that what they have observed during the primary campaign and since the election is new and alarming. According to educators, what they have witnessed in the schools where they work is an unleashing of a spirit of hatred they had not seen before. Some teachers reported hearing openly racist speech and seeing racially inspired harassment for the first time in careers of teaching that spanned multiple decades. Educators report that this behavior, inspired by the words of the president-elect, have exacerbated already existing class and racial divisions within schools. One educator reported witnessing more fights in 10 weeks than in the previous 10 years. Studying and Documenting the Trump Effect on Americas Schools The data compiled by SPLC were collected via an online survey that the organization disseminated through several groups for educators, including Teaching Tolerance,  Facing History and Ourselves, Teaching for Change, Not in Our Schools, the American Federation of Teachers, and Rethinking Schools. The survey included a mix of closed- and open-ended questions. The closed questions offered educators the opportunity to describe changes to the climate in their school after the election, while the open-ended ones gave them the opportunity to provide examples and descriptions of the kinds of behavior and interactions they had witnessed among students and how educators are handling the situation. The data gathered through this survey are both quantitative and qualitative in nature. Between the 9th and 23rd of November, they received responses from 10,000 educators from across the country who submitted more than 25,000 comments in response to the open-ended questions. SPLC points out that, because it used a purposive sampling technique to gather the data- sending it to selected groups of educators- it is not nationally representative in a scientific sense. However, with its large nationwide set of respondents, the data paint a rich and descriptive picture of what is happening in many of Americas schools following the 2016 election. The Trump Effect by the Numbers Its clear from the results of SPLCs survey that the Trump Effect is prevalent among the nations schools. Half of the educators surveyed reported that students in their schools were targeting each other based on which candidate they supported, but this goes beyond teasing. A full 40 percent reported hearing derogatory language directed at students of color, Muslim students, immigrants and those perceived as immigrants, and at students on the basis of their gender or sexual orientation. In other words, 40 percent reported witnessing incidents of hate in their schools. The same percentage believe that their schools are not equipped to deal with incidents of hate and bias that occur so regularly. The survey results show that it is​ an  anti-immigrant bias that is at the center of the Trump Effect on Americas schools. Of the more than 1,500 incidents that SPLC was able to categorize, 75 percent were anti-immigrant in nature. Of the remaining 25 percent, most were racially motivated and racist in nature. Types of incidents reported by respondents: 672 reported hearing threats of deportation476 reported hearing references to build the wall117 reported hearing the N-word used as a racial slur89 reported that Black students were told to go back to Africa54 reported presence of swastikas on campus40 reported references to the Ku Klux Klan  http://civilliberty.about.com/od/historyprofiles/tp/History-Ku-Klux-Klan-KKK.htm31 reported seeing the Confederate flag20 reported references to a return to slavery18 reported references to pussy (as in, grab her by)13 reported references to Nazi and/or use of the Nazi salute11 reported references to lynching and nooses How School Demographics Filter the Trump Effect The SPLC survey revealed that the Trump Effect is not present in all schools  and that in some, only one side of it manifests. According to educators, schools with majority-minority students populations are not seeing incidents of hate and bias. However, they report that their students are suffering from increased fear and anxiety over what the election of Trump means for them and their families. The Trump Effect on majority-minority schools is so severe that some educators report that the students in their schools appear to be suffering from ​a  trauma that hinders their ability to focus and learn. One educator wrote,  Their brains can literally handle a fraction of what students could learn in these same classes in the previous 16 years I have taught them. Some students at these schools have expressed suicidal ideation, and in general, educators report a loss of hope among students. It is in schools with racial diversity that both sides of the Trump Effect are present, and where racial and class tensions and divisions are now heightened. However, the survey revealed that there are two types of schools where the Trump Effect has not manifested: those with overwhelmingly white student populations, and in schools where educators have intentionally cultivated a climate of inclusion, empathy, and compassion, and that have established programs and practices in place for responding to divisive events that occur in society. That the Trump Effect is not present in majority-white schools but prevalent among those that are racially diverse or majority-minority suggests that race and racism are at the heart of the crisis. How Educators Can Respond Together with Teaching Tolerance, SPLC offers some informed recommendations for educators on how to manage and mitigate the Trump Effect in their schools. They point out that it is important for administrators to set a tone of inclusion and respect through school communications and everyday actions and language.Educators must acknowledge the warranted fear and anxiety that many students are experiencing, and develop and implement plans for responding to this particular form of trauma and make the school community aware that these resources exist.Raise awareness within the school community of bullying, harassment,  and bias, and reiterate school policies and expectations for student behavior.Encourage staff and students to speak up when they see or hear hate or bias directed at members of their community or themselves so that offenders are made aware that their behavior is unacceptable.Finally, SPLC warns educators that they must be prepared for a  crisis. Clear policies and procedures must be in place and all educators within the school community must know what they are and what their role is in carrying them out before a crisis oc curs. They recommend the guide, Responding to Hate and Bias at School.

Battle of Iwo Jima in World War II

Battle of Iwo Jima in World War II The Battle of Iwo Jima was fought from February 19 to March 26, 1945, during World War II (1939-1945). The American invasion of Iwo Jima came after Allied forces had island-hopped across the Pacific and had conducted successful campaigns in the Solomon, Gilbert, Marshall, and Mariana Islands. Landing on Iwo Jima, American forces encountered much fiercer resistance than expected and the battle became one of the bloodiest of the war in the Pacific.    Forces Commanders Allies Admiral Raymond A. SpruanceMajor General Harry SchmidtVice Admiral Marc Mitscherup to 110,000 men Japanese Lieutenant General Tadamichi KuribayashiColonel Baron Takeichi Nishi23,000 men Background During 1944, the Allies achieved a series of successes as they island-hopped across the Pacific. Driving through the Marshall Islands, American forces captured Kwajalein and Eniwetok before pushing on to the Marianas. Following a victory at the Battle of the Philippine Sea in late June, troops landed on Saipan and Guam and wrested them from the Japanese. That fall saw a decisive victory at the Battle of Leyte Gulf and the opening of a campaign in the Philippines. As a next step, Allied leaders began developing plans for the invasion of Okinawa. Since this operation was intended for April 1945, Allied forces were faced with a brief lull in offensive movements. To fill this, plans were developed for the invasion of Iwo Jima in the Volcano Islands. Located approximately mid-way between the Marianas and the Japanese Home Islands, Iwo Jima served as an early warning station for Allied bombing raids and provided a base for Japanese fighters to intercept approaching bombers. Additionally, the island offered a launching point for Japanese air attacks against the new American bases in the Marianas. In assessing the island, American planners also envisioned using it as a forward base for the anticipated invasion of Japan. Planning Dubbed Operation Detachment, planning for capturing Iwo Jima moved forward with Major General Harry Schmidts V Amphibious Corps selected for the landings. Overall command of the invasion was given to Admiral Raymond A. Spruance and the carriers Vice Admiral Marc A. Mitschers Task Force 58 were directed to provide air support. Naval transport and direct support for Schmidts men would be given by Vice Admiral Richmond K. Turners Task Force 51. Allied air attacks and naval bombardments on the island had commenced in June 1944 and had continued through the remainder of the year. It was also scouted by Underwater Demolition Team 15 on June 17, 1944. In early 1945, intelligence indicated that Iwo Jima was relatively lightly defended and given the repeated strikes against it, planners thought it could be captured within a week of the landings (Map). These assessments led Fleet Admiral Chester W. Nimitz to comment,  Well, this will be easy. The Japanese will surrender Iwo Jima without a fight. Japanese Defenses The believed state of Iwo Jimas defenses was a misconception that the islands commander, Lieutenant General Tadamichi Kuribayashi had worked to encourage. Arriving in June 1944, Kuribayashi utilized  lessons learned during the Battle of Peleliu and focused his attention on building multiple layers of defenses that centered on strong points and bunkers. These featured heavy machine guns and artillery as well as held supplies to allow each strong point to hold out for an extended period. One bunker near Airfield #2 possessed sufficient ammunition, food, and water to resist for three months. Additionally, he elected to employ his limited number of tanks as mobile, camouflaged artillery positions. This overall approach broke from Japanese doctrine which called for establishing defensive lines on the beaches to combat invading troops before they could land in force. As Iwo Jima increasingly came under aerial attack, Kuribayashi commenced focusing on the construction of an elaborate system of interconnected tunnels and bunkers. Connecting the islands strong points, these tunnels were not visible from the air and came as a surprise to the Americans after they landed. Understanding that the battered Imperial Japanese Navy would not be able to offer support during an invasion of the island and that air support would be nonexistent, Kuribayashis goal was to inflict as many casualties as possible before the island fell. To this end, he encouraged his men to kill ten Americans each before dying themselves. Through this he hoped to discourage the Allies from attempting an invasion of Japan. Focusing his efforts on the northern end of the island, over eleven miles of tunnels were constructed, while a separate system honeycombed Mt. Suribachi at the southern end. The Marines Land As a prelude to Operation Detachment, B-24 Liberators from the Marianas pounded Iwo Jima for 74 days. Due to the nature of the Japanese defenses, these air attacks had little effect. Arriving off the island in mid-February, the invasion force took up positions. The American planned called for the 4th and 5th Marine Divisions to go ashore on Iwo Jimas southeastern beaches with the goal of capturing Mt. Suribachi and the southern airfield on the first day. At 2:00 AM on February 19, the pre-invasion bombardment commenced, supported by bombers. Heading towards the beach, the first wave of Marines landed at 8:59 AM and initially met little resistance. Sending patrols off the beach, they soon encountered Kuribayashis bunker system. Quickly coming under heavy fire from the bunkers and gun emplacements on Mt. Suribachi, the Marines began to take heavy losses. The situation was further complicated by the islands volcanic ash soil which prevented the digging of foxholes. Pushing Inland The Marines also found that clearing a bunker did not put it out of action as Japanese soldiers would use the tunnel network to make it operational again. This practice would be common during the battle and led to many casualties when Marines believed they were in a secure area. Utilizing naval gunfire, close air support, and arriving armored units, the Marines were slowly able to fight their way off the beach though losses remained high. Among those killed was Gunnery Sergeant John Basilone who had won the Medal of Honor three years earlier at Guadalcanal.   Around 10:35 AM, a force of Marines led by Colonel  Harry B. Liversedge succeeded in reaching the islands western shore and cutting off Mt. Suribachi. Under heavy fire from from the heights, efforts were made over the next few days to neutralize the Japanese on the mountain. This culminated with American forces reaching the summit on February 23 and the raising of the flag atop the summit. Grinding on to Victory As fighting raged for the mountain, other Marine units battled their way north past the southern airfield. Easily shifting troops through the tunnel network, Kuribayashi inflicted increasingly severe losses on the attackers. As American forces advanced, a key weapon proved to be flamethrower-equipped M4A3R3 Sherman tanks which were difficult to destroy and efficient at clearing bunkers. Efforts were also supported by the liberal use of close air support. This was initially provided by the Mitschers carriers and later transitioned to the P-51 Mustangs of the 15th Fighter Group after their arrival on March 6. Fighting to the last man, the Japanese made superb use of the terrain and their tunnel network, constantly popping out to surprise the Marines. Continuing to push north, the Marines encountered fierce resistance at the Motoyama Plateau and nearby Hill 382 during which the fighting bogged down. A similar situation developed to the west at Hill 362 which was riddled with tunnels. With the advance halted and casualties mounting, Marine commanders began changing tactics to combat the nature of the Japanese defenses. These include assaulting without preliminary bombardments and night attacks. Final Efforts By March 16, after weeks of brutal fighting, the island was declared secure. Despite this proclamation, the 5th Marine Division was still fighting to take Kuribayashis final stronghold at the northwest tip of the island. On March 21, they succeeded in destroying the Japanese command post and three days later closed the remaining tunnel entrances in the area. Though it appeared that the island was fully secured, 300 Japanese launched a final assault near Airfield No. 2 in the middle of the island on the night of March 25. Appearing behind the American lines, this force was ultimately contained and defeated by a mixed group of Army pilots, Seabees, engineers, and Marines. There is some speculation that Kuribayashi personally led this final attack. Aftermath Japanese losses in the fighting for Iwo Jima are subject to debate with numbers ranging from 17,845 killed to as high as 21,570. During the fighting only 216 Japanese soldiers were captured. When the island was declared secured again on March 26, approximately 3,000 Japanese remained alive in the tunnel system. While some carried on limited resistance or committed ritual suicide, others emerged to scavenge for food. US Army forces reported in June that they had captured an additional 867 prisoners and killed 1,602. The final two Japanese soldiers to surrender were Yamakage Kufuku and Matsudo Linsoki who lasted until 1951. American losses for Operation Detachment were a staggering 6,821 killed/missing and 19,217 wounded. The fighting for Iwo Jima was the one battle in which American forces sustained a greater number of total casualties than the Japanese. In the course of the struggle for the island, twenty-seven Medals of Honor were awarded, fourteen posthumously. A bloody victory, Iwo Jima provided valuable lessons for the upcoming Okinawa campaign. In addition, the island fulfilled its role as a waypoint to Japan for American bombers. During the final months of the war, 2,251 B-29 Superfortress landings occurred on the island. Due to heavy cost to take the island, the campaign was immediately subjected to intense scrutiny in the military and press.

Sotcks investment project Essay Example | Topics and Well Written Essays - 1000 words

Sotcks investment project - Essay Example Listed at the NYSE in 1970, the UK firm was selected because of the interest in the energy sector based on the price fluctuations it experiences. The BP stocks were trading well at an average of $41.5. With earnings per share of 4.99 in the current year, investing in the firm would be a noble idea. But with the news of how the company was duped in the compensation of for the 2010 Gulf of Mexico spill because its attorneys failed to include the need for proof of damage by the spill, the BP stock slipped, and particularly by 1.2% in London on 5th June 2013. The same industry had me trade in ConocoPhillips, a major integrated oil and gas firm that explores, produces and markets crude oil, natural gas and bitumen globally. With its headquarters in Houston, Texas, the firm was founded in 1917 with Conoco and Phillips merging in 2002 to create the firm. The choice of ConocoPhillips’ stock for trading was informed by the need to understand the industry by considering another firm oth er than the earlier studies BP. ConocoPhillips would be a viable investment because since 2002, the firm has had its gross profit and cost of goods sold remain constant or improve, save for the year 2008 when falling commodity prices and declining market capitalization caused a slight dip. As such, shareholders are assured of returns on their investments over a long term. Additionally, the firm is the largest independent energy and petroleum firm as measured by production and proved reserves as noted by Market Watch; a sovereignty that secures the interest of shareholders. The stock price of ConocoPhillips exhibit strong correlation with its financial achievement. The $11 billion repurchase of common stock in 2011 aimed at increasing its earnings per share and net income thus increase demand for its stock which would in turn raise its price at the stock exchange. With a dividend of $2.64 in the pas financial year, the firm has had its stock price averaging at about $60. To further u nderstand the trends in major integrated oil and gas industry, Exxon Mobil, another firm from the industry, was selected for trading practice in this class. Exxon Mobil explores and produces crude oil and natural gases and also manufactures petroleum products. The Irving, Texas firm, founded in 1870 also transports and sells these products. Its operations cut across the globe to cover the US, Canada, Africa, Asia, Europe and Australia. The merger between Exxon and Mobil in 1999 which made the firm the largest publicly traded company in the energy sector could be a reason to attract investors. Just like other firms in this industry, the stock price of Exxon Mobil would be greatly influenced by the prices of crude oil. The increase in prices of crude oil in the period around 2011 saw the firm raise the price of its products which translated to increased stock price. With forecasted future increase in energy demand globally, it is anticipated that its share price will keep rising. Four thly, Hertz was selected for the trading practice to help understand how changes in the oil industries affect consumers of its products. Founded in 2005 and headquartered in Park Ridge, NJ, Hertz runs two segments in its business: renting cars and renting equipment in Canada and the US. Investing in Hertz would be viable as

After a full week of work, there's nothing better than day off. Write Essay

After a full week of work, there's nothing better than day off. Write an describing your perfect day off and give details of your activities for the day - Essay Example This is to ensure of my good health and I consider this to be very relaxing. After I walk, I come back home and I enjoy a good breakfast with my family members. It is a very good start and we get the time to discuss the happenings of the entire week. We plan picnics and holidays mostly on that day so that we are bound to be with each other. Furthermore, I always plan these visits to adventurous locations where we can always have a new experience. I also pursue my hobby of photography and save memories by capturing precious moments with my family. For dinner, I dine out with my friends so that I can enjoy a good dinner as well as spend time with them. After an entire week of work, a day off from work serves to be very refreshing. It is on this day that I can actually sit and spend time with my friends and family. Furthermore, I get an opportunity to visit new places and also engage in photography which is my

Discussion on Guibert of Nogent Essay Example | Topics and Well Written Essays - 2500 words

Discussion on Guibert of Nogent - Essay Example ...but when reason returns, I repent that I have yielded to the lust of my heart when my soul with unwilling heaviness sinks on a dunghill for its bed (Bland, 1)." There is a deep seated desire to know the will of God and to know him, rather the person should empty himself and come to know his Creator. Reading through the monk's memoirs, he sees that the culture around him is submerged in wealth and sin. And all that learning is of no use it the person does not open his heart to the Lord Jesus Christ. "...Unless Christ shall open to him the doors of learning with the key of knowledge, without doubt every teacher shall spend himself in vain on dull ears. Therefore, let every wise man be foolish to claim anything as his own but sin (Bland 2)." Everything is associated with the holy feasts and the days they fall on as a symbol of some divine meaning of why things occurred. "Now the feast of the Blessed Martin was close at hand, in fact the next day (Bland 14)." A person suffers a fate or misfortune because divine intervention has decided to punish the individual for his or her wrong doings-"the man who tries to please a treacherous foe in fear of being bitten, by the just judgment of heaven gets hurt by him and everyone else (Bland 14)." Heaven's decision in the matter is seen as fair and just. The air of Christianity is soaked to the brim with guilt and punishment, justice and retribution although there are numerous times in Guibert's writings where he mentions the mercies of the Lord and his mother's help in our daily lives. The prevailing feature of Christianity in Guibert's time as Guibert saw them was either a person knew the Christian faith and lived by its rules or they didn't and hence committed sacrilegious acts by their very nature of being ignorant in matters of what constitutes as holy and requiring reverence. "And since such words may not be uttered by a Christian's lips, and must cause pious ears to shudder with detestation, we suppress them. Although he praised the Jews , by the Jews he was regarded as a madman and whilst approving their religion in word, he actually practiced ours (Bland 16)." Even profanity was considered as intolerable to ears that were sensitive to them and considered such speech as not characteristic with the Christian faith and contrary to the Christian life. And when man could not do much to intervene or stop the particular person from carrying on with their blasphemies, we see through Guibert that heaven itself takes care of the problem :"When the Virgin Mother, Que en of all, could no longer endure the blasphemies of this corrupt man, as he was entering from a royal expedition, on approaching the city, there appeared a great band of his friends the devils and he coming home with his hair disordered and out of his wits, repulsed his wife and lay with that old woman and that night fell ill of a mortal disease (Bland 17)." Furthermore, there resounds in the 1100s the echo of what beauty is to the individual, the abbot asks us to be more concerned with the beauty of the soul than the appearance of the body. Bland depicts how Guibert of Nogent asks God to infuse beauty with

The Connections between American Legal Thought and Other Classes Assignment

The Connections between American Legal Thought and Other Classes - Assignment Example The course also studies the historic aspect of these philosophies and theories in relation to American history. This school of thought is different from other schools of thought that have been studied in the past. However, there is a thin line separating American legal thoughts and other school of thoughts taught in American law curriculum such as American legal theory. This essay will therefore investigate the relationship between American legal thought and American legal theory as the main courses taught in American law schools. American legal thought is built on issues that are of interest to the Americans. This includes social issues like legalization of gay marriages and economical issues such as American current position in international business. On the other hand, past schools of thought are established on formalist law sciences, American legal realism and social jurisprudence. The two schools of thoughts are essential to a law student. However, their significance or benefits can only be achieved if there is a close relationship between the two schools of thoughts. Unlike other schools of thought, American legal though deals or focus on legal theories and philosophy from an American perspective. Other schools of thought are established on universal laws or laws that are common worldwide such as criminal justice. American legal theory focuses on majority theories that are used to create American laws. Although this course is important to a law, student it does not provide a practical application o f these theories. American school of thought links the theoretical aspects of law with reality by relating it with modern day occurrences that are of legal concern. American legal thought has significant differences with other courses taught in the law school including the American legal theory. However, both American legal theory and American legal thought revolve on the legal aspects of American history2. American history is the chronological account of occur rences in America since the end of American civil war. In this context American legal thoughts deals with the implication of key events in the American history to the modern day American society. In addition, this school of thought also considers the influence of key historical events in the formation of modern day American law. On the other hand, American legal theory focuses on how American laws have been founded on the historical aspect of the country since the end of American civil war. This includes major issues such as how American history affects modern day court decision-making process. Legal theory also considers how American history serves as a proof to legal theories. The second relationship or connection between American legal thoughts and American legal theory is their incorporation of legal realism. American legal realism is a branch of legal philosophies that that defy the conventional analysis of US jurisprudence. In the orthodox version of the US jurisprudence, law is considered as a self-sufficient structure or rules and principles that courts use to make logical judgments in both political and judicial perspectives. This implies that the two schools of thoughts are against or challenge the ordinary view of American jurisprudence. This indicates that both the American legal theory and American legal thoughts are established on day-to-day views or occurrences on the American judicial system. This includes the social, moral, political

Friction tsing Essay Example | Topics and Well Written Essays - 1000 words

Friction tsing - Essay Example The flow of information is critical in engaging the world in conservation of natural resources. Tsing explores the practical lessons that help in guiding the society to their desires and nightmares in life (Tsing, pg15). The global connections help in strengthening the resolve and grip of peoples aspirations. Capitalism requires that each in society amass wealth and resources as much as he can be able to get. This concept has led to environmental degradation since people are clearing forest for settlement. On the other hand, the unregulated exploitation of natural resources is at its peak causing pollution. Clearing of forest has led to extinction of species that took years to assemble (Tsing, pg19). The environmentalist and conservationist are surprised by the environmental transformation. The corporations who exploit the natural resources inefficiently spearhead these transformations. The frontiers of capitalism, politics, and science depend on the global connection as they spread through peoples aspiration (Tsing, pg38). These frontiers elicit the energy of people in the society in realizing their universal schemes and dreams. In essence, this helps in educating people on universal goals. The emergence of environmental movement and activism is a resultant of these frontiers. It awakens people perception on globalization and its effects on the environment, exploitation of natural resources, and democratization. Corruption and poor leadership is to blame for lack of development in man nations. Moreover, the corrupt and imperial rule is the cause for the environmental degradation and earth transformation (Tsing, pg17). The local people who depend on the forest for their basic needs are to blame since they also help these corporations in making the landscape inhabitable. Destruction of forest by corporation is the cause of the emergence of democratic movement. Politics on conservation of

Management . book Hidden value Assignment Example | Topics and Well Written Essays - 500 words

Management . book Hidden value - Assignment Example Starting employees are usually young, immigrants, or those with the difficulty obtaining work. 66% of those people are usually female. Low wages and low skill indexes are expected, turnover is endemic. Mens Warehouse, however, chose to do things a little differently, which has maintain them as a profitable industry during a time when most of the industry is failing. Mens Warehouse targets the middle income and the fact that men do not like to shop. Their prices are below average and they use a" everyday low pricing strategy". Their philosophy is one of the worldview. They believe they are in the people business and that their companys job is to help people understand others, listen better, and develop excellent skills in order to help themselves and their teammates. In other words they attempt to help each person achieve their potential. Potential include such things as being a better spouse being a better parent and fulfilling their desires at work. With the kind of philosophy that Mens Warehouse has, the training also has to be somewhat different. In this case they have very little training budget. They do however believe in the power of untapped human potential. When they ranked the importance of stakeholders and their company, employees are ranked first. Following employees come customers, vendors, and shareholders. The company believes in promotion from within and all of the senior executives have been with the company a long time. The average tenure is 10 to 15 years. Management development is done through a two layer system. District managers are also trainers. The company has many training and on-site meetings throughout the year, they seldom if ever use any outside training people. They also provide to learning Universities for their employees. In interesting factor is that much of the training is also done by senior executives. Performance management is important to them. They did this through a number of constructive

Friction tsing Essay Example | Topics and Well Written Essays - 1000 words

Friction tsing - Essay Example The flow of information is critical in engaging the world in conservation of natural resources. Tsing explores the practical lessons that help in guiding the society to their desires and nightmares in life (Tsing, pg15). The global connections help in strengthening the resolve and grip of peoples aspirations. Capitalism requires that each in society amass wealth and resources as much as he can be able to get. This concept has led to environmental degradation since people are clearing forest for settlement. On the other hand, the unregulated exploitation of natural resources is at its peak causing pollution. Clearing of forest has led to extinction of species that took years to assemble (Tsing, pg19). The environmentalist and conservationist are surprised by the environmental transformation. The corporations who exploit the natural resources inefficiently spearhead these transformations. The frontiers of capitalism, politics, and science depend on the global connection as they spread through peoples aspiration (Tsing, pg38). These frontiers elicit the energy of people in the society in realizing their universal schemes and dreams. In essence, this helps in educating people on universal goals. The emergence of environmental movement and activism is a resultant of these frontiers. It awakens people perception on globalization and its effects on the environment, exploitation of natural resources, and democratization. Corruption and poor leadership is to blame for lack of development in man nations. Moreover, the corrupt and imperial rule is the cause for the environmental degradation and earth transformation (Tsing, pg17). The local people who depend on the forest for their basic needs are to blame since they also help these corporations in making the landscape inhabitable. Destruction of forest by corporation is the cause of the emergence of democratic movement. Politics on conservation of

Im Bored- What your Child Is Really Telling You Essay Example for Free

Im Bored- What your Child Is Really Telling You Essay In the short essay, I’m Bored: What Your Child is Really Telling You, by Linda Morgan, children everywhere are having issues with saying what they really mean when they say they are bored. Whether at home or in school, when a child says those two words, â€Å"I’m bored†, he may be in need of parental attention, redirection of school work, and direction in completing projects and activities. In today’s world, technology takes over a child’s extra time. Instead of going outside to play with friends or having a specific hobby, adolescents find themselves caught in an Xbox or computer game. Yet after they have beaten the game or moved on to something else they still complain that they are â€Å"bored†. But what does that really mean? According to Dr. Danielle Kassow, when a child states that they are uninterested in whatever they are doing or working on, it could mean that they simply want their parents, teachers, and daycare provider’s attention. It’s common for a child to want the attentiveness of an adult. Being a kid in society today, direction is still needed by the parent; whether in school or not. Adolescents need that extra push in order to make up their own mind about what they want to do next or what they are interested in. In order to help a child make up their mind, it could help to ask them questions like â€Å"what’s your favorite hobby† or give the child educational projects to do. These questions and projects will stimulate their minds and allow them to actually pay attention to something. Unlike a project that is hands on, games on any kind of technological device will allow them the chance to put their attention on something. If a child comes home from school and starts their homework, says he is bored in the middle of the assignment, it could mean that he needs a redirection of school work. His assignments may not be as challenging as they need to be for him. He is not becoming engaged in his school work, therefore he gets bored while doing or listening to his lessons. Also, it could mean that he needs a clearer pathway as to what he should start on or how he should start the homework. Children need a coach, whether it’s the parent or the teacher. Help him become motivated and less confused as to how or where he should start. Make his understanding grow a little clearer when pushing him in the direction to where he needs to start. This â€Å"coach† persona will help to child pick up an understanding about how to layout or outline his projects or assignments. It will not only give him a head start it will help him with all the assignments he may have some trouble with in the future. At times, a child saying they are bored could mean that they are independent and wants to organize their own activities. When adolescents get caught up in the technological world, they lose sight of how to rely on themselves to create their next activity. This causes them to want the guidance from the parent or teacher. While there are still children that find themselves independent, they may get bored because they don’t know how to entertain themselves. Kids need to find activities that they are able to do on their own. Things like drawing, simple building, or going outside to socialize or play with friends. Children need the time to be allowed to decide what they want to do, something that they are able to do. Giving them this time will help them reconnect with physical activities and not so much mental activities. When kids are doing their homework, and they seem to rely on their parents or teachers too much, you could give them a little time to themselves. In order to get them to think on their own without their parent saying â€Å"you aren’t doing this right† or â€Å"this is wrong do it again, let them work the assignment without any interruptions and eventually they will understand why they didn’t get the right answer at first and how they got the correct answer in the end. After they are done the parent or teacher could check their work and then tell them what they got wrong or right. This is important for the child so they can be able to learn on their own without needing the help from the teacher or parent all the time. These little techniques will come to the guardian as an advantage. Not only is the child engaging in the activity, but he or she is enjoying the process. It’s important to know what a child means when they say they are bored so they can be helped. Whether it’s tough to figure out or there is a very easy solution, in the end there will be a drastic change in the child attention skills. Boredom is a concurring epidemic in today’s society because of all the technology we rely on. Kids do not need to be exposed to all these advantages we have at a young age. Being able to rely on themselves is important in the early stages of life. Although sometimes kids say those words some parents hate to hear â€Å"I’m Bored†, it could have a complex meaning to it. Children may need attention from the parent or teacher, redirection of their school work, and some direction in completing projects and assignments. There are many ways to help children fall away from spending too much times playing computer games, or PlayStation games and allowing them to have the responsibility of choosing their own activities. Helping them move in the right direction in school work, whether they are not getting the challenge they need or simply needing that extra help starting an assignment will ultimately have a positive effect on their progress. Independent children will need the time to figure out the correct answer on their own. The guardian will also get a positive result from giving them that time to correct their issues. Children are all different, when they say they are bored, it could be something drastic or something ve ry simple. It’s up to the parent or teacher to decide what the next move is for the child.

The History Of Characteristics Of Monopolistic Competition Economics Essay

The History Of Characteristics Of Monopolistic Competition Economics Essay 1.0Introduction According to the Dominick Salvatore (2009 p.3) microeconomic theory is perhaps the most important course in all economics and business programs. With it we can answer or understand such question as why the price of gold rose sharply in few years; why the price of petrol rose dramatically in 2008s-2010s and declined in 2011s; why the price of sugar rose in few years; why the cereal rose in few years and others. By contrast, microeconomics is the study of individual house household or firms (business units). It focuses on particular parts of the economy. Microeconomics theory provides the tools for understanding how the other economies operate. 2.0 Introduction to Monopoly According to the Cambridge dictionary (second edition) monopoly in microeconomics mean is when a company or organization is the only one in an area of business or activity and has complete control of it. In market structure under the monopoly there is a single seller and large of buyers and selling products. It have no a high entry and the existence of barrier and have no close substitution to other vendors to enter into the market. Examples of products in monopoly market in our country are water, electricity and local telephone services. Our home telephone services are Telekom Malaysia (TM Berhad). Obviously, Telekom Malaysia is a monopoly in market. Through this it can let us know the meaning and reason causing monopoly. Besides that, it also know characteristic of monopoly and how affect or effect in market structure. 3.0 Characteristics of Monopoly 3.1.1 Single Firm Under the monopoly single seller is that the monopoly seller is the market. The market demand for a good is the demand for the output produced by the monopoly. 3.1.2 Barriers to Entry Barriers to entry is anything are designed which artificially to block or prevent the entry of firms entering a market profitably. There are some of the key barriers to entry are patents and copyrights, limit pricing, advertising, international trade restrictions and development expenditure. 3.1.3 Price Maker Single firm produces goods and have a monopoly in an entire market that means it holds a large majority of a stock. With having a large majority of a stock and a single firm makes a decision affect the price of an item in market. As a result, seller has full control over the market price. 3.1.4 Unique Product Single firm produces unique the product and no close substitutes for the product with each other. For example, there is presently no close substitute for Berita Harian, the only Malay language newspaper in Singapore. 4.0 Hypothetical Demand, Total Revenue, and Marginal Revenue Faced by a Monopolist Table 4.1 Hypothetical Demand, Total Revenue, and Marginal Revenue Faced by a Monopolist Figure 4.1 Hypothetical Demand and Marginal Revenue Curves of a Monopolist Since D is a negatively sloped, MR is lower than P. The MR values are plotted at the midpoint of each quantity interval. The MR curve starts at the same point as the D curve and at every point bisect the distance between D and the vertical axis. MR is positive when D is elastic. MR=0 when D is unitary elastic and TR is a maximum. MR is negative when D is inelastic. Table 4.2 Short-Run Total Cost, Marginal Cost, and Average Total Cost FIGURE 4.2 Short-Run Equilibrium of the Monopolist: Marginal Approach The best or optimum level of output of the monopolist is three units. This is given by point G, where MR=MC (and the MC curve intersects the MR curve from below). At Q=3, P=$6 (point A on the demand curve), ATC=$4.50 (point B on the ATC curve), and the monopolist earns $1.50 (AB) per unit of output sold and $4.50in total (shaded area ABCF). At Q MC and total profits rise by increasing Q. At Q>3, MC>MR and total profits rise by reducing Q. 5.0 Summary Characteristics of Monopoly are single firm, Barriers to entry high, unique product, power of firm over price and advertising. Single firm earns more profits in this type of market structure because no close substitute product to replace it. Barrier to entry is high because want to protect the single firm in market. A firm produces the unique products to avoid others firms to produce it. Monopolist has power to control prices of the product. Last, it consists of advertising in this type of market structure. 6.0 Introduction There are many types of market structures characteristics in which will affect the price and nature competition. For example, number of buyers and sellers, product differentiation, and the ease of entry into and exit from the market. Market structures refer to the competitive environment within which a firm operates. Market structures divided into four basic types which is perfect competition, monopolistic competition, oligopoly and monopoly. 7.0 Perfect Competition Perfect competition is a type of market in which there are large number of buyers and sellers. The sellers sell identical or homogeneous products. There is also free entry and exists of the firms. Both the sellers and buyers have perfect knowledge of the market. 7.1 Characteristics of Perfect Competition 7.1.1 There are many buyers and sellers of a commodity Reynolds, R. L., (2005, p.2) points out that the idealized perfect competitive insures that no buyers and sellers has any power or ability to influence the price. The perfect competitive market is price takers. Each buyer buys the commodity at the price determined by the market condition. 7.1.2 Homogeneous product The product of an industry in which the outputs of different firms are indistinguishable compare with another product. The homogeneous products are the product where the buyers could not differentiate the products of one seller to another seller. 7.1.3 Perfect knowledge In perfect competition firms, consumers and resource owners have perfect knowledge of all relevant prices and costs in market. No buyers to pay more a price of the product higher than the prevailing price. Similarly, sellers will not set or charge a price higher or lower than the prevailing price. Advertisement has no scope in this type of market. 7.1.4 Resources are perfect mobility This means that inputs or resources are free to move in market. Firms can enter or leave the industry in the long run without much difficultly. That is, there are no artificial barriers like copy rights and trademark or natural barriers such as huge capital requirements to entry into and exit from the industry. 7.2 Monopolistic Competition In monopolistic competitions there are contains many sellers but the products are differentiated. Many sellers produce products are similar but not identical. There are following features of monopolistic competition. 7.3 Characteristics of Monopolistic competition 7.3.1 Differentiated products Differentiated products are products that are similar but not identical and the products are close substitutes products with each other. Sellers cannot set their prices of the products very different from each other. In physical differentiation is through differences in design, material, color and others. Further differentiation of a particular product may be based entirely on some seller location of his shop, kind of service they provide and fair dealing. 7.3.2 Large number of firms Under monopolistic competition there is contains a big number of firms satisfying the market demand of the product. These firms do not produce perfect substitutes but the products which are relatively close substitute for each other. For instance, in soft drink industry, the prices for a can of 330 ml soft drink range among several brands on market today such as Pepsi, Sarsi and Cola-cola 7.3.3 No barriers to entry and exit Firms can also and leave a monopolistically competitive industry. The monopolistic element arises from product differentiation. For example, if à ¢Ã¢â€š ¬Ã‹Å"MASà ¢Ã¢â€š ¬Ã¢â€ž ¢ wants to become a company top 10 in international airline system, this firm must find some difference in term of quality of service or facility equipment are provided by the firm. 7.4 Oligopoly According to the Dominick Salvatore 5-edition Principles of Microeconomics (2009, p.330) oligopoly is the form of market organization in which there are few firms of a homogeneous or differentiated product. 3.5 Characteristics of Oligopoly 3.5.1 Few numbers of large firms The firms are few but the size of firms is large. Few firms control overall the market to ensure few number of large firms have a fair amount of market. For example of the oligopoly is Proton and Perodua. 3.5.2 Interdependence Each firm under the oligopoly is can affect the market, making each firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s choices dependent on the choices of the other firms. So, they are interdependence. 3.5.3 Barriers to entry Oligopoly is meaning only few firms in the industry with barriers to the entry of new firms. Firms recognize their mutual dependence. 3.5.4 Advertising and selling costs The firms want to increase a greater share in the market and to maximize sale. So, this firm will expend more money on advertisement and other sale promotion. Advertising and selling cost are playing an important role in this type of market structure. 3.5.1 Homogeneous and differentiate products 3.5.2 Homogeneous Product Oligopoly . In market, industries produce intermediate products and sent to other different industries for manufacturing their products. For examples of the homogeneous products are steel and aluminum industries. 3.6.2 Differentiate Product Oligopoly Products manufactured in these markets are for personal consumption. For example of the differentiate product oligopoly is beer, breakfast cereals, detergents, soaps, computers and others. 3.7 Monopoly Monopoly is a single seller and sell the product is unique. Thus, in market structure there are many buyers and selling the product and there are no close substitutes with each other. For example that gave by Dominick Salvatore (2009, p.287) The Aluminum Company of America (Alcoa) is a classic example of how a monopoly was created and maintained for almost 50 years. The monopoly was created in the late nineteenth century when Alcoa acquired a patent on the method to remove oxygen from bauxite to obtain aluminum. 3.8 Characteristics of Monopoly 3.8.1 Singer seller in the market There are no close substitutes of the product in the market and no more other competitors in the market. Monopolist can control or affect price is evidence of its monopoly power. 3.8.2 Lack of competition Under the monopoly in market structure there are lacks of competition because there are no close substitute products in market. 4.0 Summary The characteristic of market which is classified as one of four market models are perfect competition, monopolistic competition, oligopoly and monopoly. Perfect competition consists of many sellers and buyers of a commodity, homogeneous products, perfect knowledge, and resources are perfect mobility and no ability to control over the price of a product. Monopolistic competition is involved a large number of firms, differentiated products, no barriers to entry and exit and using advertising to shift demand. Oligopoly which is consist a few number of large firms, interdependence, barriers to entry, advertising and selling costs and homogeneous and differentiate products. Last, monopoly includes of singer seller, lack of competition, unique product and imperfect knowledge. In question 2 the various characteristics between the four types of market structures which are Perfect Competition, Monopolistic Competition, Oligopoly and Monopoly have been discussed. These four types of market structure are different characteristics and it will affect the nature or artificial of competition and the price of the product. The figure 6 is shows about the differentiation of the characteristics of the following market structure. Market structure Perfect competition Monopolistic competition Oligopoly Monopoly Number of producers Many Many Few One Type of product Standardized Differentiated Standardized or differentiated Unique product Power of firm over price None Some Some Considerable Barriers to entry Low Low High Very high Non-price competition None Advertising and product differentiation Advertising and product differentiation Advertising Examples Parts of agriculture are reasonable close Pepsi Computer, oil Telekom