Finding the Best Controversial Topics for a Persuasive Essay

Finding the Best Controversial Topics for a Persuasive Essay The Hidden Truth About Controversial Topics for a Persuasive Essay Persuasive speech topics for teens want to deal with the issues young men and women REALLY care about! You may trust us to supply expert assistance for many of your academic writing needs. Though people believe education is a correct and will make society, overall, a better place for everybody, others feel there's no legitimate way to provide a free college education as colleges would still have to be funded (likely through tax dollars). All people ought to be allowed to receive free high education. The One Thing to Do for Controversial Topics for a Persuasive Essay The greatest persuasive speeches aren't written in a rush. Inspiration to make your own advertising or media argumentative essay topics isn't tough to discover. Argumentative research paper topics are a whole lot a lot easier to find than to produce. Sexist advertising needs to be banned 11. You don't need to find super technical with legal argumentative essays, but make sure you do your homework on what the present laws about your favorite topic actually say. Your primary ideas should flow naturally and adhere to the topic. On the flip side, if you select a controversial topic you have very little interest in, you'll find it rather tricky to finish the assignment. If you can't locate a controversial topic on the list that is suitable for your passion, there are a great deal of different resources out there. The readers wish to read an essay that's absolutely free from any mistakes so it will be simple to comprehend. Qualities of a very good persuasive essay topic The topic needs to be specific. Researching the topic will permit you to find out more about what fascinates you, and should you pick something you truly like, writing the essay will be more enjoyable. Having selected a fantastic topic to argue about, at this point you need to make an argumentative essay outline. Selecting an excellent topic for your essay is among the most crucial and frequently tricky parts for many students. If you are in possession of a very clear essay, readers will understand easily what you wish to tell. Writing a superb persuasive essay is not a simple job, however, it's achievable. On the opposing side, obtaining a list of good persuasive essay topics is inadequate. There are just a few things that define whether an essay you're working on is going to be a good one. You should say why it's increasing in the event you need to come up with an argumentative essay. You may continue to keep your argumentative essays for your upcoming job portfolio in case they're highly graded. Always bear in mind a great persuasive essay ought to be persuasive. It's important to select debatable argumentative essay topics since you need opposing points you could counter to your own points. Usually, a structure of essay includes three chief sections, in other words, introduction, body, and conclusion. As any guide about how to compose a persuasive essay will inform you, your essay has to be organized in paragraphs with a logical progression from 1 paragraph to the next. Even if you're a specialist in a particular field, don't be afraid to use and cite external sources. You may use a variety of examples on the net at no cost. Discover which of the topics, you currently have a fairly good background on which will make it possible for you to have a relative edge. Possessing very good research abilities and selecting a great topic is critical. As an example, in college, you might be requested to compose a paper from the opposing viewpoint. Within the body, you should have three to four ideas. Whichever topic you select, always don't forget the value of literature sources. The fundamental aim of your paper is to earn an arguable statement or point. Up in Arms About Controversial Topics for a Persuasive Essay? Generally speaking, you will be asked to pick a perspective in an argument or maybe to support a particular viewpoint against critiques. A conclusion is, undoubtedly, the most significant portion of the argumentative essay because you can either support the excellent impression or destroy it entirely. There's no cause or argument mentioned in the subject. Even if you think in a specific argument very strongly, if you lack the evidence to demonstrate your point, then your argument might just be as great as lost. When you settle on this issue and pick the position on which you will base your essay, the remainder of the job can then begin. The very first thing you've got to realize searching for an ideal topic is that your opinion is the thing that matters the most. First thing you ought to do is to think about a few wide topic you want to write about. When you're picking your topic, bear in mind that it's much simpler to write about something which you presently have interest ineven in case you don't know a great deal about it.

William Clifford And William James - 1091 Words

Since the 19th century, William Clifford and William James have been the foremost religious theorist and have attempted to answer significant creation and theological mysteries. However, Clifford and James have varying views on the belief debate, each formulating a rational argument of what the basis for belief should be. Clifford’s, Ethics of Belief and James’ The Will to Believe outline their respective arguments which are vastly similar and but have marked differences. Both articles will be examined for these similarities and difference and stated within this paper. Born in 1845, William Clifford was a mathematician and philosopher famed for his philosophy of science and quest for answering ethical questions through scientific evidence (Encyclopedia Britannica, 2014). Clifford recognized several difficulties in Emmanuel Kant’s argument related to philosophy, which inspired him to begin a search for answers related to innate belief, personal responsibility of guilt, and overall creation. In the Ethics of Belief, Clifford asserts that it is always wrong to believe based on insufficient evidence, a theme that would follow his opinion on every issue he chose to tackle. William James was an American psychiatrist and philosopher, born in 1842 and touted as the leader of the philosophical movement of Pragmatism and of the psychological movement of functionalism (Encyclopedia Britannica, 2014). James’ rebuttal to the Clifford’s Ethics of Believe, was the famed Will to Believe.Show MoreRelatedWilliam Clifford and William James’ Conflict Views on Beliefs 1166 Words   |  5 PagesWilliam Clifford argues that we should never â€Å"believe anything on insufficient evidence† (Philosophy of Religion, p. 103)1 and if we do decide to believe in God without any evidence it would be considered â€Å"wrong,† however, William James’ The Will to Believe essay argues, in response to Cliffords essay, that believing anything without sufficient evidence is â€Å"an irrational rule† (James, p. 109)2. James’ essay suggests that there is some level of truth to the fact that no one can decide what it is thatRead More William Clifford s Ethics Of Belief Essay1451 Words   |  6 PagesBorn in 1845, William Clifford was a mathematician and philosopher famed for his philosophy of science and quest for answering ethical questions through scientific evidence (Encyclopedia Britannica, 2014). Clifford recognized several difficulties in Emmanuel Kant’s argument related to philosophy, which inspired him to begin a search for answers related to innate belief, personal responsibility of guilt, and overall creation. In the Ethics of Belief, Clifford asserts that it is always wrong to believeRead MoreThe Ethics Of Belief By William Kingdon Clifford1058 Words   |  5 Pagesis by William Kingdon Clifford, (born May 4, 1845, Exeter, Devon, England—died March 3, 1879, Madeira Islands, Portugal) British philosopher and mathematician. Although he was most famous for his work as a mathematician, Clifford also wrote, â€Å"The locus classicus for the ethics of belief debate is, unsurprisingly, the e ssay that christened it. â€Å"The Ethics of Belief† was published, in a journal called Contemporary Review.†(Chingell) As stated in his writing, â€Å"The Ethics of Belief,† W.F. Clifford tellsRead MoreEssay on The Ethics of Belief1693 Words   |  7 Pages This section provides us with two selections from the essays of William K. Clifford (1845-1879) and William James (1842-1910). Cliffords essay, The Ethics of Belief, is based on the concept of evidentialism. This concept holds that we should not accept any statement as true unless we have good evidence to support its truth; (Voices of Wisdom, 346). James wrote his essay, The Will to Believe, as a response to Cliffords essay where he endorsed a philosophy called pragmatism. Pragmatism is describedRead MoreThe Ethics Of Beliefs By William James846 Words   |  4 PagesBelief can be best described as confidence in the truth. Throughout the centuries, philosophers have argued over support for religious beliefs. Some, like W.K. Clifford, claim that beliefs need evidence and reason behind them. Others, like William James, would offer a philosophical justification for religious faith, and would argue against evidence and reason behind beliefs. After reading both sides of the argument, I lean towards James’s philosophical justification the most due to the fact thatRead MoreThe Ethics Of Belief By Clifford. Pascal1776 Words   |  8 Pagesother factors, the available evidence. A range of philosophers have written widely on this topic. Clifford in his Influential essay â€Å"The Ethics of Belief† defends the contention that it is always wrong for any human being to believe anything if there is insufficient evidence. He uses two stories to illustr ate wrong ways through which people arrive at beliefs. William James, however, disapproves Clifford. Pascal has a different view on belief formation where he argues that reasons for believing andRead MorePersonal Views On Anthropology And Ethnography1445 Words   |  6 Pagesgrew easier to see things without the moral outline I had when I was younger to compare against. Post-modernism, a cultural phenomenon occurring before my birth, set in motion a series of adjustments in cultural anthropology and in general society (Clifford Marcus 1986). It shaped my outlook, but more influential forces included the movement of feminism and feminist anthropology (Mascia-Lees et al. 1989). As I identify as a woman, my experiences belong to a similar realm as those discussed by feministRead MoreA Comparison of W.K Clifford and William Jamess Arguments on the Right of Belief2494 Words   |  10 PagesClifford and James Summaries of W.K. Clifford and William James’s arguments for belief | In this paper, I hope to effectively summarize W.K Clifford’s (1879) argument on the ethics of belief, followed by a summary of William James’ (1897) argument on the right to believe, and finally, provide an argument for why W.K Clifford’s (1879) argument is stronger by highlighting its strengths while simultaneously arguing against William James’ (1897) argument. According to Clifford (1879), thereRead MoreClifford s Views On Religion1488 Words   |  6 PagesClifford makes an excellent point that we should take into consideration all beliefs and ethics. But his philosophy that â€Å"it is wrong always, everywhere, and for anyone, to believe anything upon insufficient evidence† is a little harsh for me. On the other hand James’ more faith-filled philosophy based on his view of religion, recognizing facts and the truth and how the choices we make in our lives effect us everyday are some of the more relatable ethics that we can apply in our daily lives and toRead MoreWilliam James Untenable Defence Of Faith1530 Words   |  7 PagesWilliam James’ Untenable Defence of Faith In his essay ’The Will to Believe’, William James promotes a seemingly pragmatic defense of religious faith by taking a benign form of religion from an already preselected set of concepts he wishes to consider. William James’s philosophy however is not motivated by pragmatism, nor is it pragmatic, but instead is an attempt to blow smoke to veil indefensible beliefs. Faith, for the purpose of William James, would be belief lacking sufficient evidence to warrant

Leadership Development Ratings of Transformational Leadership

Question: Discuss about the Leadership Development for the Ratings of Transformational Leadership. Answer: Introduction The term leadership refers to the ability of an individual for managing a group of people (Johnston and Marshall 2016). The purpose of this report is to represent personal experience on leadership traits and qualities. Additionally, this report will show the evaluation of different leadership theories for identifying own leadership abilities. Leaders are born, note made; however, with effective training and development process, it is possible to improve leadership ability of an individual. Therefore, that individual should have the willingness to set their goals according to the requirements (Boehm et al. 2015). This report will emphasize the key abilities for improving leadership skills. Personal Statement on leadership Good leaders can influence their followers for achieving broad objectives. In case of organizational purpose, leaders influence the workforce for establishing their vision. In order to influence the workforce, a leader should build good communication with the followers. In this manner, it is possible to understand key strengths and weaknesses of the followers in an effective manner (Muenjohn and Armstrong 2015). A leader always pays close attention to the performance development of workforce. As per as my understanding concern, a leader should participate in organizational task rather than just leading the workforce. I believe that a leader should be communicative and should have the ability of problem solving. In other words, leaders should have the ability to reduce conflict within the workforce in order to maintain sustainable development (Aarons et al. 2015). The role of a leader is to set realistic goals in order to achieve overall organizational objectives. For instance, leader s should segregate the workforce based on their performance quality and expertise. Thereafter, they should allocate responsibilities according to the expertise of each individual employee for reducing their workload. Apart from that, leaders should consider employee satisfaction as the key factor in order to increase employee engagement (Henker, Sonnentag and Unger 2015). Increasing employee commitment is the major aspect, which a leader should consider as the key to success. Motivation is the most important factor, which influences the workforce to improve their performance. It is the sole responsibility of the leaders to implement effective motivational strategies for improving performance quality of employees (Deichmann and Stam 2015). Now, identifying the most effective motivational strategy is the most challenging task of a leader in which they needs to identify the appropriate motivational tool for each employee. For example, some employees can be motivated with financial interest and some others can be influenced by recognition tool (Huijun and Jianjun 2015). Moreover, enthusiasm is the most important leadership characteristic, which helps a leader to encourage the workforce in an effective manner. Leadership Experience I have different experiences in leadership activities in my college and other workplaces. I did masters in political science and masters in political accounting and apart from that, I did bachelor in business management. Therefore, I had been a part of the leadership live workshop in which I have presented my leadership skills to attract the employers. In this event, I was responsible for managing the entire event as a leader. Apart from that, I am a part of my own business and I am working as a manager. My responsibility is to manage the workforce, set objectives and enhance overall organizational performance. From this experience, I have earned a vast knowledge regarding employees needs and requirements within an organization. My previous experience, where I was performing as leader of the leadership workshop, helps me to learn how to achieve broad objective by creating short-term objectives. The organization I am running is a business consulting company in which employees are responsible for handling clients requirements to improve their business. Apart from that, they also help the clients to build new business in domestic and international market. Previously, I noticed that most of my employees were switching to other job due to low motivation. The employees were moving to other companies because of low salary hike. In order to improve the situation, I communicated with the workforce in order to understand their issues, which helps me to implement effective strategies for retaining the existing employees. However, the situation was under control within few months after identifying the issues. Reflection in leadership experience From my previous experience, I came to know that a leader should understand the needs and requirements of the followers in order to gain successive outcome. The workshop I have conducted helps me to learn the way a leader should set objectives and job allocation. From this experience, it can be said that leaders should understand priority of the activities before framing the objectives. However, this experience does not increase my knowledge regarding employee management. In my next experience, I learned the process of managing a workforce for achieving broad organizational objectives. In my organization, the workforce was not satisfied due to low salary hike. Therefore, I communicated with the workforce for understanding their actual expectation. While communicating with the employees, I came to know that monitory reason was the secondary option for the workforce. The major issues they were facing were low recognition for their work. Therefore, as a manager, I identified their abilities and based on their abilities I implemented some effective motivational tools such as incentive schemes and recognition strategy. Therefore, it can be said that a leader should be communicative in nature and should perform as per the employees behavior (Tremblay and Gibson 2016). The leadership theory I would like to introduce here is transformational leadership. This leadership approach helps me to communicate with my employees for understanding their behavioral approach. Every individual belongs from different cultural background and therefore, behavioral approach of every employee is different in nature. Transformational approach helps to communicate with every employee individually, which improve employee relationship in an effective manner (Johnston and Marshall 2016). However, Leaders with this attributes are lenient and therefore, employees can take advantage from this. Therefore, situational leadership is the most effective and globally acknowledged approach, which helps the leaders to change their approach according to the organizational situation. From my experiences, I have understood that people a leader should build the objectives as per the employees ability. Setting unrealistic goals can affect employee motivation negatively, which can further affect overall organizational performance negatively. The employees in my organization were quitting the organization due to low salary hike. It means, employee motivation was the major issue for which the employees were decided to leave their current job. The activities, which I had short-listed for handling that situation was aiming towards employee motivation and relation as well. I have handled this situation by enhancing employee wages along with introducing some lucrative incentive scheme. From this incident, I have understood that a leader should have clear understanding regarding the employees needs and requirements in order to increase employee retention. This strategy is effective for achieving long-term objectives. On the other hand, in order to achieve short-term objectives, it is highly important to implement autocratic leadership approach in which leaders can punish or reward the workforce for achieving or not achieving the organizational objectives. Implementing this particular approach for long-term process can reduce sa tisfaction level of the employees; those are non-efficient and going through a training process (Boehm et al. 2015). Autocratic leadership is only effective for the experienced employees those can perform accordingly to the organizational requirements. I believe that communication is the key factor, which helps leaders to improve organizational environment in an effective manner. Apart from that, leaders should focus on training and development in order to improve performance of the workforce (Muenjohn and Armstrong 2015). It should be the main objective of the leaders to monitor performance quality of the workforce for maintaining a long-term sustainability. Evaluation of leadership theory and self-abilities There is different leadership theories have been introduced by different authors such as autocratic, transformational, transactional and democratic. According to my leadership trait and behavior, I believe that a leader should communicative and transparent in nature. The leader should share the organizational objectives with the followers for improving employees understanding regarding what they are doing (Aarons et al. 2015). The transformational leadership approach suggests that leaders with this particular approach pay close attention to organizational change. Now, in order to implement change, these leaders try to identify the current organizational situation. Depending on the current situation, transformational leaders implement change in order to improve the overall process (Henker, Sonnentag and Unger 2015). As per the situation described before, employees in my organization were facing difficulties due to low wages. It means motivation was the factor, which was influencing th e workforce to change their job. As I am the manager, it was my responsibility to communicate with the employees for understanding their issues. Thus, it can be said that my leadership trait is similar with the transformational leadership approach. On the other hand, transformational leadership approach suggests that a leader should motivate the workforce for improving employee satisfaction level. Similarly, I have implemented many motivational strategies for improving employee satisfaction level. Democratic leadership approach is another leadership trait in which leaders take others viewpoint before taking the final decision. In this leadership approach, employees are allowed to give their valuable feedbacks in order to improve the decision even better (Deichmann and Stam 2015). However, this approach increases the chance of organizational conflict, because different employee can have different viewpoints. Therefore, democratic leaders should have the ability to handle conflict within organization. While managing the critical situation in my organization, I take suggestions from the workforce for making the final decision. It helps me to understand the probable procedures of solving the potential issues. However, there was no confliction within the workforce because all employees were facing issue of low wages (Huijun and Jianjun 2015). I believe that it is highly important to seek innovative ideas in order to improve organizational performance. Moreover, involving the workfo rce in decision-making process helps the workforce to be self-actualized. Transactional leadership approach refers to the process of both punishing and rewarding the workforce. This leadership is commonly known a managerial leadership. In this leadership, leaders are solely responsible for influencing the workforce. I believe that a leader should have the understanding regarding transactional leadership approach (Tremblay and Gibson 2016). This leadership approach is not appropriate for long-term purpose and therefore, leaders should implement this process for achieving short-term objectives. The use of this leadership approach can have negative impact on the employees satisfaction level. Action Plan In order to improve leadership traits, an individual should go through some specific steps. In order to improve leadership ability, an individual should identify personal trait in primary stage. Without understanding personal traits and abilities, it is not possible to achieve overall goals and objectives. Following is the action plan for improving leadership trait. Activities Description Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Self-assessment This activity helps to understand self-traits and ability of managing a group of people. Building mission statement Setting mission and objectives Identifying skills Identification of own skills that can be improved Identification of leaders examples Choosing at least two leaders as examples Setting realistic objectives This activity helps to set clear objectives for improving leadership ability Identification of strengths and weaknesses This step will help to identify potential issues and there possible solutions Training and development Knowing the weaknesses will help to improve those aspects Seek feedbacks Gather feedbacks from the followers Conclusion While concluding, it can be said that a leader should have the ability of understanding changing needs and demands of the workforce. The self-reflection section shows that it is highly important to increase communication with the workforce for understanding the organizational issues. Moreover, it helps to improve employee relationship in an effective manner. It is the sole responsibility of a leader to motivate the workforce by efficient motivational tools. For example, the motivational tool can be monitory or some other such as recognition and incentive trip. The action plan shows that an individual should identify the self-strengths and weaknesses in order to improve their leadership ability. Reference list Aarons, G.A., Ehrhart, M.G., Farahnak, L.R., Sklar, M. and Horowitz, J., 2015. Discrepancies in Leader and Follower Ratings of Transformational Leadership: Relationship with Organizational Culture in Mental Health.Administration and Policy in Mental Health and Mental Health Services Research, pp.1-12 Boehm, S.A., Dwertmann, D.J., Bruch, H. and Shamir, B., 2015. The missing link? Investigating organizational identity strength and transformational leadership climate as mechanisms that connect CEO charisma with firm performance.The Leadership Quarterly,26(2), pp.156-171. Deichmann, D. and Stam, D., 2015. Leveraging transformational and transactional leadership to cultivate the generation of organization-focused ideas.The Leadership Quarterly,26(2), pp.204-219. Henker, N., Sonnentag, S. and Unger, D., 2015. Transformational leadership and employee creativity: the mediating role of promotion focus and creative process engagement.Journal of Business and Psychology,30(2), pp.235-247. Huijun, Y. and Jianjun, Y., 2015. Transactional Leadership, Competitive Intensity, Technological Innovation Choices and Firm Performance.Journal of Management,4, p.001. Johnston, M.W. and Marshall, G.W., 2016.Sales force management: Leadership, innovation, technology. Routledge. Muenjohn, N. and Armstrong, A., 2015. Transformational leadership: The influence of culture on the leadership behaviours of expatriate managers.international Journal of Business and information,2(2). Tremblay, M. and Gibson, M., 2016. The Role of Humor in the Relationship Between Transactional Leadership Behavior, Perceived Supervisor Support, and Citizenship Behavior.Journal of Leadership Organizational Studies,23(1), pp.39-54.

The Practical Value of Purchasing Power Parity Theory

Background information Multinational corporations (MNCs) are faced by various risks in their operation (Gallagher Andrew, n.d, p. 595). One of these risks relate to economic risks.Advertising We will write a custom report sample on The Practical Value of Purchasing Power Parity Theory specifically for you for only $16.05 $11/page Learn More For example, the cash flows earned from the firms’ operations have to be repatriated to the parent company which means that the cash flows are subject to exchange rate fluctuations. According to Kim (2006, p.110), exchange rate refers to the price that one currency is traded for another. The exchange rates fluctuate from time to time. In a free market, the exchange rate is determined by market forces of demand and supply (Kim, 2006, p.110). Economists have developed different models that explain how the exchange rate is determined. One of the elements that managers of multinational corporations take into consi deration in their operation relate to exchange rate determination. This arises from the fact that exchange rate impacts the value of the multinational companies and hence their competitiveness. Additionally, managers of multinational companies must understand how the exchange rate is affected by external forces such as inflation and interest rates (Madura, 2010, p.233). This is due to the fact that increase in the rate of inflation and interest rate may erode the value of multinational company. Bartram, Dufey and Frenkel (2010) assert that fluctuation in the exchange rate is one of the major risks that multinational corporations are faced with. In extreme situations, exchange rate fluctuations may cause substantial losses to multinational companies and even bankruptcy. This underscores the importance of multinational corporations managing these risks professionally (Bartram, Dufey Frenkel, 2010, p.1). There are 5 main theories that explain how the exchange rate is determined. One o f these theories is referred to as the purchasing power parity.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More To maximize their wealth, investors consider developing an optimal investment portfolio. To achieve this, they integrate different investment vehicles. Some of the investment vehicles considered relate to financial securities such as bonds. Other investors consider investing in the foreign investment markets as the best option. Examples of these markets include the forward and spot market (Buckley, 2004, p. 82). The investment deals made in these markets are intended to be settled in the future. Therefore, investors make expectations regarding the yield that they will receive from the forward and spot markets. One of the hypotheses that try to explain the impact of the investors’ future expectation on the spot rate is referred to as the expectations hypothesis. Aim The obj ective of this report is to evaluate the practical value of Purchasing Power Parity theory to managers of multinational companies. T he report also evaluates whether the assertion that the forward rate is a valid predictor of the future spot rate according to the expectations hypothesis is true. Scope The report is organized into two sections. The first section illustrates the importance of purchasing power parity to managers of multinational corporations. The second part entails an analysis of the expectations hypothesis. Finally, a conclusion and a number of recommendations are outlined. The value of Purchasing Power Parity theory (PPP) to managers of MNCs This theory is based on the law of one price which states that the price of commodities in different locations have to be the same. Lack of uniformity in price means that there is a gap left for organizations to make more profit (Mankiw, 2011, p.390). For example, According to Gallagher and Andrew (n.d, p.595), Purchasing Power Parity Theory (hereafter referred to as PPP) postulates that it is the relative price of products prevailing between two countries that determine the exchange rate between these two countries. This means that a particular currency must have an equal purchasing power across different countries (Mankiw, 2011, p. 390). There are two main forms of PPP. These include: Absolute PPP Relative PPP Absolute form of PPP postulates that in the absence of international barriers, consumers will prefer sourcing their products from markets with the lowest prices (Buckley, 2004, p. 117). On the other hand, relative form of PPP stipulates that changes in the relative price of a particular basket of commodities between two or more countries determine the corresponding adjustment in the exchange rate.Advertising We will write a custom report sample on The Practical Value of Purchasing Power Parity Theory specifically for you for only $16.05 $11/page Learn More Understand ing the PPP theory enhances the effectiveness with which managers of MNCs make various operational decisions. For example, the relative form of PPP theory postulates that the consumers’ purchasing power vary due to existence of various types of market imperfections. These imperfections may arise from imposition of quotas, tariffs, and high transportation cost (Madura, 2010, p.234). To improve the demand of their products in the international market, managers of MNCs have to develop a comprehensive understanding of the exchange rate movement. This improves the effectiveness with which the firms adjust the price of their products so as to ensure uniformity with the consumer’s purchasing power between the domestic and the foreign market. Lack of uniformity in the consumers’ purchasing power may result into consumers shifting to the competitors products. The resultant effect is that the multinational corporation may experience a decline in its sales revenue (Madura, 2010, p.235). Therefore, the theory of PPP is important to managers of MNCs in making adjustment to the price of their products. The theory of PPP is also of great value to managers of MNCs in that it enables them to project how the exchange rate will respond to changes in the rate of inflation in the domestic and the foreign market. The theory asserts that the relationship between the exchange rate and the price of commodities in the foreign market is direct. On the other hand, the relationship is indirect with regard to price level in the domestic market (Ignatiuk, 2009, p.5). If the domestic country experiences an increment in the price level (inflation), the exchange rate of the domestic country relative to the foreign country will depreciate proportionately so as to reinstate the purchasing power parity between the two countries (Ignatiuk, 2009, p.5). Illustration 1 The exchange rate of country X’s currency which was initially stable experiences an increment in the rate of inflation with a margin of 5%. Similarly, the exchange rate in country Y’s currency experiences an increment in the rate of inflation with a margin of 3%. According to PPP theory, inflation in the domestic and foreign market will affect the rate of exchange between these two countries. The formula below illustrates the corresponding change in the exchange rate between the two countries. ef= [1+ Ih/ 1+ If]-1Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More = [1+0.05/1+0.03]-1 =0.0194 or 1.94%. As a result of the high inflation in the domestic market compared to the foreign market, the exchange rate in the home country will appreciate with a rate of 1.94%. The resultant effect is that the price index in the foreign market will increase similar to the domestic market. Therefore, the domestic and foreign consumers will experience an increment in the price of commodities (Madura, 2010, p.236). The above illustration shows that the price level of commodities in the home and the foreign country will increase with 5%. This means that purchasing power parity between the two countries will be restored. Illustration 2 If the rate of inflation in the foreign country is higher than the domestic market, the foreign currency will depreciate. For example, if country Y’s inflation is 7% while that of country X is 4%, the foreign currency will depreciate with 2.8% compared to the domestic currency as illustrated below. ef = [1+Ih/1+If]-1 = [1+. 04/1+0.7] -1 = -0.28 =-2.8%. Depreciation in the foreign currency as a result of the high rate of inflation will result into decline in the price of foreign commodities according to the domestic consumers’ perception (Madura, 2010, p. 236). The differential in the rate of inflation between the two countries will result into an increment in the price of commodities in the two countries with a margin of 4% (Madura, 2010, p.236). From the above illustrations, it is evident that the theory of PPP is important to managers of MNCs in that it enables them to understand how the exchange rate will be affected by inflation. The resultant effect is that managers of MNCs can be able to project their firms’ future cash flows. The PPP theory enables managers of MNCs to determine the impact of exchange rate fluctuations on its future cost and revenues (Papaioannou, 2006, p. 236). The PPP theory can also enable a firm to formulate effective risk management strategies (Madura, 2010, p. 236). For example, the firm can be able to hedge against economic risks such as exchange rate fluctuations. Additionally, understanding how inflation rate differentials between countries impact the exchange rate can enable managers of multinational companies to make effective expansion decisions. The resultant effect will be improvement in the competitiveness of the company (Papaioannou, 2006, p. 135). The expectation hypothesis There are various financial instruments that investors can consider when investing in the foreign exchange market. Some of these instruments relate to investment in transactions of currencies (Buckley, 2004, p. 83). Examples of currency transactions include forward and spot transaction According to Wesso (1999, p.13), there are a number of hypothesis which have been formulated in an effort to explain the relationship between forward rates and spot rates. One of these theories is the expectations hypothesis asserts that the forward rate of exchange fully ref lects the future spot rate (Wesso, 1999, p. 13). For example, the hypothesis suggests that a 90-day GBP / EUR Forward Rate is a valid predictor of the GBP / EUR Spot Rate in 90 days’ time. Choudhry (2004, p.61) emphasizes on the assertion that the forward rate is a valid predictor of the future spot rate. In their investment decisions, investors expect the spot rate will in the future. However, the hypothesis has been criticized by a number of authors. For example, Buckley (2004, p.125) asserts that the forward rate of is not always equal to the future spot rate. The forward rate tends to be higher than the future spot rate. This means that the forward rate over-estimates the spot-rate which means that the forward rate is not a valid predictor of the future spot rate (Choudhry, 2004, p. 62). It is also difficult for investors to project the future spot rate that will be applicable after a long period for example 30 years. Buckley (2004, p. 125) asserts that a study conducted on a number of currencies (Swiss Franc, US dollar, the Swiss Franc and the Deutschmark) with regard to the forward and spot rate revealed that the forward rate is only a valid predictor of the future spot rate if the period to maturity is 30 days and not 90 days. This illustrates that the accuracy of the forward rate as an estimator of the spot rate diminishes as the period to maturity increases (Choudhry, 2004, p.62). The criticism of expectations hypothesis is also emphasized by the fact that the future spot rate is determined by movement in forces of demand and supply in the exchange market. Investors cannot accurately predict how the market will change thus making it difficult to estimate the future spot rate on the basis of the forward rate. A study conducted by Kaserman on the validity of the expectation hypotheses revealed that forward rate result into undervaluation of the spot rate. This phenomenon is mainly experienced if the forward rate is on an upward trajectory. The hy pothesis assumes that investors are risk neutral in their investment. However, investors are risk averse in their investment process (Hallwood MacDonald, 2000, p. 35). Manzur (1993, p.18) assert that the risk averse nature of investors makes them to demand a premium in order to invest in the foreign exchange market. Therefore, a risk premium has to be included in the forward contract which means that the forward rate is not a valid predictor of the future spot rate (Manzur, 1993, p. 18). According to Buckley (2004, p. 125), the prevailing spot rate is a more effective predictor of the future spot rate compared to the forward rate. Conclusion From the above analysis, it is evident that the theory of PPP is very important to managers of MNCs. By incorporating the theory of PPP in their strategic management practices, managers of MNCs are able to understand how the exchange rates are affected by inflation. The resultant effect is that they are able to formulate effective strategies to deal with economic risks arising from exchange rate fluctuation. Effective risk management in the international market is vital in improving the value of multinational corporations. The theory also enables managers of MNCs to understand the exchange rate fluctuations and hence how their future cash flows will be affected. The theory also enables managers of MNCs to develop a comprehensive understanding of the effect of inflation rate differentials between the domestic and the foreign country. The resultant effect is that the firm is able to make optimal international expansion decisions. The report has also illustrated the criticisms that have been advanced with regard to the expectation hypothesis. The report has outlined various illustrations which show that the forward rate is a biased predictor of the future spot rate. For example, the validity of the forward rate as an estimator of the future spot rate is only applicable in the short term but not in the long term. Additionally , using the forward rate to estimate the future spot rate may result into over-estimation or under-estimation of the spot rate. Recommendations To be effective in executing their duties, managers of MNCs should consider the following. Incorporating the theory of Purchasing Power Parity so as to understand how the exchange rate is determined and how it fluctuates due to variations in the rate of inflation. To be effective in estimating the future spot rate, investors and managers should not only rely on the forward rate. However, they should take into consideration the market changes. This is due to the fact that the information provided by the forward rate is usually inefficient. Reference List Bartram, S., Dufey, G., Frenkel, M., 2010. A primer on the exposure of nonfinancial corporations to foreign exchange rate risk. Journal of Multinational Financial Management. Vol. 15, issue 4, pp. 394-413. Buckley, A., 2004. Multinational finance. New York: FT Prentice –Hall. Choud hry, M., 2004. Corporate bonds and structured financial products. Amsterdam: Elsevier Butterworth. Gallagher, N., Andrew, S., n.d. Financial management: Principles and practice. New York: Freeload Press Inc. Hallwood, C., MacDonald, R., 2000. International money and finance. Malden: Blackwell. Ignatiuk, A., 2009. The principle, practice and problems of purchasing power parity theory. Munchen, Germany: Munchen GRIN Verlag. Kim, S., 2006. Global corporate finance. Malden: Blackwell. Madura, J., 2010. Financial markets and institutions. Mason: Cengage. Madura, J., 2010. International financial management. Australia: Cengage. Mankiw, G., 2011. Principles of macroeconomics. New York: Cengage Learning. Manzur, M., 1993. Exchange rate, prices, and world trade: New methods, evidence and implications. New York: Routledge. Papaioannou, M., 2006. Exchange rate risk measurement and management: Issues and approaches for firms. South Eastern Europe Journal of Economics. Vol. 2, pp. 129-146. Ne w York: International Monetary Fund. Wesso, G., 1999. The forward rate as an optimal predicator of the future spot rate in South Africa: An econometric analysis. Web. This report on The Practical Value of Purchasing Power Parity Theory was written and submitted by user Guillermo Larson to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Raul Leoni Essays - Third Portuguese Republic, Miguel Vargas

Raul Leoni Essays - Third Portuguese Republic, Miguel Vargas Raul Leoni Ral Leoni naci en Utapa (estado Bolvar), en 1905 y muri en Nueva York en 1972. Ral Leoni fue abogado y poltico venezolano, fue electo presidente de la Repblica de Venezuela en 1964 hasta 1969. A los 16 aos estuvo preso en la crcel de Rotunda por participar en la lucha estudiantil. Curs sus estudios de derecho en la Universidad Central donde alcanz la presidencia de la Federacin de Estudiantes de Venezuela y encabez las protestas de 1928 contra e rgimen de Juan Vicente Gmez, por sta razn tuvo que irse en 1928 de Venezuela a Colombia para un largo exilio, hasta 1936. Una vez muerto Gmez, regres Leoni a Venezuela, participando desde su llagada en las actividades de los sectores polticos de izquierda. En 1937 fue expulsado del pas junto a otros dirigentes polticos. Se dirigi a Colombia, donde continu sus estudios hasta graduarse en Derecho y Ciencias Sociales en la Universidad de Bogot. En Junio de 1939 regres a Venezuela para incorporarse a la actividad clandestina del Partido Democrtic o Nacional (PDN). En 1941 particip en la fundacin del partido centrista Accin Democrtica, liderado por Rmulo Betancourt. Tras la revolucin de 1945 que derroc a Isaas Medina Angarita, a Leoni fue ministro de trabajo durante el gobierno de Rmulo Gallegos desde 1945 hasta 1948. En 1948 tuvo que exiliarse de nuevo por el golpe militar que derroc a Rmulo Gallegos y no pudo volver hasta que termin la dictadura de Marcos Prez Jimnez en 1958. El 1 de Diciembre de ese 1963 fue elegido presidente de la Repblica e inici su mandato en Marzo de 1964, continuando con la poltica econmica y social de su predecesor y maestro Rmulo Betancourt. Durante su gobierno tuvo que hacer frente a la intensificacin de la actividad guerrillera del FALN (Fuerzas Armadas de Liberacin Nacional), por lo que firm con el presidente colombiano Guillermo Len Valencia el pacto antiguerrillero de Ro Arauca en el ao 1966. Al siguiente ao en 1967 tuvo que suspender las garantas constitucionales y su partido sufri una divisi n que dio origen a un nuevo partido llamado MEP (Movimiento Electoral del Pueblo). En las elecciones de 1968, el candidato de su partido, Gonzalo Barrios, fue derrotado. En 1969 Ral Leoni traspas su poder al presidente electo Rafael Caldera.

Tips for Writing 5 Types of Sports Stories

Tips for Writing 5 Types of Sports Stories Getting a handle on sportswriting can be daunting because there are so many different kinds of stories that can be done. For the aspiring sportswriter, these are some of the main types. The Straight-Lede Game Story The straight-lede game story is the most basic story in all of sportswriting. Its just what it sounds like: an article about a game that uses a straight-news type of lede. The lede summarizes the main points- who won, who lost, the score, and what the star player did. Heres an example of this kind of lede: Quarterback Pete Faust threw three touchdown passes to lead the Jefferson High School Eagles to a 21-7 victory over crosstown rival McKinley High. The rest of the story follows from there, with an account of the big plays and playmakers, and after-game quotes from coaches and players. Because they often focus on high school and small-college teams, straight-lede game stories tend to be fairly tightly written. Straight-lede game stories are still used for coverage of high school and some college sports. But theyre used less nowadays for pro sports. Why? Because pro sports are seen on TV and most fans of a particular team know the score of a game long before they read about it. The Feature-Lede Game Story Feature-lede game stories are common for pro sports. Readers usually already know the score of pro games as soon as theyre done, so when they pick up a sports section they want stories that offer a different angle on what happened and why. Heres an example of a game story feature lede: It had rained all that day in the city of brotherly love, so when the Philadelphia Eagles took the field the ground was already a soggy mess- much like the game that would follow. So it was somehow fitting that the Eagles would lose 31-7 to the Dallas Cowboys in a contest that was one of the worst of quarterback Donovan McNabbs career. McNabb threw two interceptions and fumbled the ball three times. The story starts out with some description and doesnt get to the final score until the second paragraph. Again, thats fine: readers will already know the score. Its the writers job to give them something more. Delayed-lede game stories tend to be a bit more in-depth that straight-lede stories, and as a result are often longer. Profiles The sports world is full of colorful characters, so its no surprise that personality profiles are a staple of sportswriting. Whether its a charismatic coach or a young athlete on the rise, some of the best profiles anywhere are found in sports sections. Heres an example of a profile lede: Norman Dale surveys the court as his players practice layups. A pained look crosses the face of the coach of the McKinley High School basketball team as one player after another misses the basket. Again! he shouts. Again! You dont stop! You dont quit! You work till you get it right! And so they continue until they start to get it right. Coach Dale wouldnt have it any other way. Season Preview and Wrap-Up Stories Season previews and wrap-ups are fixtures of the sportswriters repertoire. These are done any time a team and a coach are preparing for the coming season, or when the season has just ended, either in glory or infamy. Obviously, the focus here isnt a specific game or even individual, but a broad look at the season- how the coach and players expect things to go, or how they feel once that season is done. Heres an example of a lede for this kind of story: Coach Jenna Johnson has high hopes for the Pennwood High School womens basketball team this year. After all, the Lions were city champions last year, led by the play of Juanita Ramirez, who returns to the team this year as a senior. We expect great things from her, Coach Johnson says. Columns A column is where the sportswriter gets to vent his or her opinions, and the best sports columnists do just that, fearlessly. Often that means being very tough on coaches, players or teams who dont meet expectations, particularly at the pro level, where all concerned are being paid huge salaries to do just one thing- win. But sports columnists also focus on those they admire, whether its an inspirational coach who leads a team of underdogs to a great season, or a mostly unheralded player who may be short on natural talent but makes up for it with hard work and unselfish play. Heres an example of how a sports column might begin: Lamont Wilson certainly isnt the tallest player on the McKinley High School basketball team. At 5-foot-9, hes hard to spot in the sea of mid 6-footers on the court. But Wilson is the model of an unselfish team player, the kind of athlete who makes those around him shine. I just do whatever I can to help the team, the ever-modest Wilson says.

Civil rights Term Paper Example | Topics and Well Written Essays - 1500 words

Civil rights - Term Paper Example You get an ensurity to get involve in political and civil life. These civil rights are made for safety and ensuring the physical integrity of the person like. Beside all these facts these rights protects you from many discriminations like gender, race, nationality, age, speech, mental or physical disability and many more things. By origin civil rights are the major part of global Human Rights. These civil rights are enforceable rights and they are entertained by other people also. This right can be use when you have to take some action against an injury. Some common examples of civil rights are freedom to speech, right to vote, right to equality in public places, press, freedom from involuntary servitude and many more. Example of civil rights: The famous example of civil rights in America is â€Å"civil right act of 1964†. This civil right act was the unique mark of legislation in United States. This act is used to outlaw segregation in schools, employment places and also the public places. This civil right was first conceived to aid African Americans. In this act people also raised their voices to protect women including white people also (George H. Rutland, 2001). Role of FBI agencies in protecting civil rights: A FBI agency is made to do investigation the violation of national law of civil rights. The FBI do his duty seriously because if there is any violation in the civil laws and if any person among us looses any right then the freedom of all of us will be drawn towards danger. Activities of US commissions for enhancing civil rights: US commissions is also doing a regular work on civil rights. The main aim of US commission is to do investigation of complains that are made by people. These complaints are made because many people’s are deprived because of their voting rights on the basis of their race, religion, color, sex, citizenship, age. These complaints are taken by US commissions and then a proper action is taken to solve the problems of a common people. Center of civil rights (CRS): CRC stands for Civil Right Center. This center of civil rights is for the enforcement and administration of different Federal statues, executive orders, regulations which are related to both equal and nondiscrimination opportunities. These three laws based on equal opportunity are: 1. A forbid discrimination based on disability. This law can be specified by different public entities like local and state government. It is also enriched with the programs organized and activated by DOL. 2. A forbid discrimination on different basis of programs and activities. This also receives a financial assistance from DOL or work investment act. 3. The discrimination of forbid employment within the DOL (George H. Rutland, 2001). Benefits of EEOC in civil rights: The civil right of EEOC (Equal Employment Opportunity Commission) is very much popular. This civil right holds the responsibility that every employee or job applicant must receive equal employm ent without introducing the thoughts of religion, race, sex, color, age, nationality and disability. According to this civil right discriminating against any employee is also illegal. And if any person faces this situation then he can complaint for this and you can be fined heavily for this or have to face a lawsuit. This is a very strong civil right and because of this right people in America are working equally and are enjoying equal payments. Political book: According to political book of America civil rights are considered as normal rights of human

How Linguistic Features of African American Vernacular English (also Research Paper

How Linguistic Features of African American Vernacular English (also known as African American English) Have Been Used to Teach Standard American English - Research Paper Example The use of contrastive strategies can sensitize Black youth to differences between Standard English and their vernacular thus assisting them in learning the standard dialect. The topic under consideration is â€Å"How linguistic features of African American Vernacular English (AAVE) or African American English (AAE) have been used to teach Standard English.† The dialect is also called Black English or Ebonics. African American children have performed relatively poorly in English classes, and one of the reasons behind this performance could be an admonition of their native dialects. Educators need a new strategy that works with black vernacular rather than against it. The use of AAVE as a facilitative language for Standard Education can boost communication and cooperation between learners and teachers. In 1996, a California school board sparked a lot of controversy when it announced that it would include home languages in classrooms, and that teachers would be trained appropriately to work with such students (Pullum, 1999). This was nothing new in American schools, but unlike other uncontroversial languages like Spanish, the most predominant language spoken by children in the school was AAVE. Media experts, African American educators, White middle class teachers, Black families and several other stakeholders lashed out against this policy proponents. A number of them, especially black parents, felt that using AAVE in the classroom would condemn black communities to narrow ethnic enclaves. They worried that their children would be unable to fit into the wider society. Others in the media made ignorant comments about AAVE by calling it nothing more than street slang. These individuals objected to the use of AAVE in classes because it was perceived as a watered-down version of Standard English, laden with mistakes, mispronunciations and abusive slurs (Perez, 1999). Contrary to what these critics assume, AAVE is a dialect in its own right. Slang is limited to small

Blacks in the Revolutionary War Essay Example for Free

Blacks in the Revolutionary War Essay Blacks in the Revolutionary War1 Blacks in the Revolutionary War African American Studies Latasha Gating September 20, 2012 LaChanda K. Clemons Blacks in the Revolutionary War2 Looking back at the history of the United States, it is evident that the Revolutionary War impacted the country a great deal. It was the first war fought with slaves thanks to Lord Dunmore’s controversial proclamation. Historian Benjamin Quarles stated â€Å"The Negros role in the Revolutionary War can be best understood by realizing his major loyalty was not to a place nor to a people but to a principle. There were black loyalists, black sailors, black patriots and black regiments who fought and died in the name of Independence. It has been estimated that over 5,000 African Americans served as soldiers for the Continental army and more than 20,000 fought for the British cause. Slavery in Colonial America is noted to have begun in 1619 with the arrival of 20 African slaves on the Dutch ship named Man-of-war. The slaves made up over half the population in the colonies although they were seen more so as property instead of people. In 1776, there were about 500,000 African American men, women and children slaves. Everyone had a reason for taking part in the war. There were factors that motivated the blacks to take part in such a battle as well. The text mentions that when it came to fighting between the Patriots on one side and their Loyalist American allies on the other, African Americans joined the side that offered freedom. Having that choice of gaining freedom in exchange for serving in the military was indeed motivation. Other motives for blacks were the Blacks in the Revolutionary War3 desire for adventure, belief in the justice and the goals of the revolution and the possibility of receiving a bounty. The Continental navy and The Royal Navy signed blacks into the navy because of the manpower shortages at sea. Some blacks had been captured from the royal navy and used by the Patriots on their vessels. They also served as seamen on British vessel. Slaves and free slaves served as seaman. Because so many Patriot leaders resisted employing black troops, by mid-1775, the British had taken the initiative in recruiting African Americans. Revolutionary leaders feared using blacks in the arm forces. They were afraid that the slaves who were armed would uprise against them. In May 1775 the Massachusetts Committee of Safety put a stop to enlisting slaves in the armies of the colony. However, this did not apply to the blacks who were already serving in the army. 1775-1783 the navy recruits freed black slaves and runaway slaves. Lord Dunmore, born John Murray, was the last Royal Governor of Virginia. Because he was short of men, Dunmore issued a proclamation stating that all able bodied men to assist him in the defense of the colony, including the slaves of rebels. He promised freedom to the blacks who served. After doing so in a month he had 800 soldiers. The purpose of his Proclamation was to declare martial law and to encourage slaves of rebels in Virginia to leave their masters and support the loyalist cause â€Å"All indentured servants, Negroes, or others†¦free that are able Blacks in the Revolutionary War4 and willing to bear arms†¦Ã¢â‚¬  Such an act outrage Virginians. Those that took Dunmore up on his word range between 800 and 2,000. The Virginia Congress replied to his Proclamation with the Dunmore’s wasn’t as successful as his plan out, the number of his soldiers decreased due to smallpox outbreaks. Dunmore’s Proclamation was the first mass emancipation of slaves in American history. After the war ended, over 5,000 blacks left for Jamaica or St. Augustine because they were the property of loyalist that they would never gain their freedom from slavery. By 1786, many were back in bondage. There were those who were Patriots’ slaves but sided with the British were promised their freedom and was granted such. Many black patriots found that the post war military held no rewards for them. So many men served in the armed forces which meant that their wives were left behind and had to take on their husband roles. Their lives changed a great deal during the Revolutionary War. The women, who could, serve the Colonial military forces and interacted with the male soldiers in camp. They were usually the wives and daughters of the male soldiers. The cooked, did laundry and cared for those that were sick. There also some who fought in the military battles: Margaret Cochran Corbin and Captain Molly. Molloy’s husband had taught her how to load and fire cannons. Black women, many of whom were slaves, served both Americans and the British in the capacity of nurses, laundresses and cooks. Blacks in the Revolutionary War5 Many African American soldiers fought and died for the sake of the Revolutionary War. The war ended in 1783, slavery was dying in the North and declining in Chesapeake. What was truly the purpose of Blacks fighting if they did not attain freedom at the end of the war? Were the lives lost beneficially to the slaves or was it just a gimmick to get blacks to stand in stops where white soldiers have already died in. Blacks in the Revolutionary War6 Bibliography Georgii, Colette. May 30, 2007. Slavery in Colonial America. www. helium. com/items/365359-Colonial-Early- Gabriel, Brian. Women’s roles and lives in the revolutionary war. http://www. ehow. com/) (http://blackloyalist. com/canadiandigitalcollection/story/revolution/dunmore. htm) Halpern, Rick (2002). Slavery and Emancipation. Blackwell Publishing. Pp. 90-91 Harold, Stanley, Hine, W. C. , Hine, D. C. The African American Odyssey: Volume 1, 5th Edition. Prentice Hall. 2011. Pearson Education, Inc. . (Scribner, Robert L. (1983). Revolutionary Virginia, the Road to Independence. University of Virginia Press. Pp. xxiv. ) [ 2 ]. Scribner, Robert L. (1983). Revolutionary Virginia, the Road to Independence. University of Virginia Press. Pp. xxiv [ 3 ]. Halpern, Rick (2002). Slavery and Emancipation. Blackwell Publishing. Pp. 90-91 [ 4 ]. Harold, Stanley, Hine, W. C. , Hine, D. C. The African American Odyssey: Volume 1, 5th Edition. Prentice Hall. 2011. Pearson Education, Inc. [ 6 ]. Gabriel, Brian. Women’s roles and lives in the revolutionary war. http://www. ehow. com/)

Discrimination in Harrison Bergeron, after you my dear Alphonse, and Th

Discrimination in the Short Stories, Harrison Bergeron, after you my dear Alphonse, and The Lottery The trait of discrimination is the basis for the stories, Harrison Bergeron, after you my dear Alphonse, and Lottery. Discrimination is when someone is hated or acted upon negatively for the reason of race, sex, or nationality. In the short stories the author's feelings of discrimination are expressed through the characters differently. In these stories the author has his own feelings and thought depicted through the characters. By the popular theme of discrimination and racism it suggests that these stories were written in the late sixties early seventies. In the story Harrison Bergeron the whole country is handicapped except for one individual. The one person is Hazel who is thoug...

Poem Comparison: ‘Island Man’, ‘Two Scavengers…’ Essay

Compare ‘Island Man’ with one other poem, to show how the poets use people to explain the conflict that can exist between and within different cultures. People are at the centre all communities. They embody the values, customers and ideas that particular culture possesses. By examining how people behave and think, it is possible to gain a greater understanding of how their cultural roots affect them. ‘Island Man’ describes how an immigrant in London reacts to his environment as he dreams of his Caribbean home. In contrast, the people in ‘Two Scavengers†¦Ã¢â‚¬â„¢ all live in San Francisco, but lead totally different lives there. ‘Island Man’ uses structure to show the conflicting and confused waking thoughts of the man. There is no punctuation, the line lengths vary and some phrases are totally misplaced, as is the individual: â€Å"he always comes back groggily groggily†. Like ‘Island Man’, ‘Two Scavengers†¦Ã¢â‚¬â„¢ also has no punctuation. It represents an instant in time, like the flash of a camera. The conflicting images seem to be laid one on top of the other, line by line, emphasising the contrasts between the two lifestyles. The language in ‘Island Man’ shows the inner turmoil that the character is going through. The reader gets a series of contrasting images. For example, â€Å"the sound of the blue surf† of the Caribbean conflicts with, the â€Å"grey metallic soar† of London. The â€Å"pillow waves† show the troubled sleep he has had which has caused the ruffles, but also tells of the dreams he has had of his â€Å"emerald island†. The word â€Å"wombing† suggests the sense of security his homeland offers him, in contrast to the faceless â€Å"dull North Circular roar† of London. Contrast is also used in ‘Two Scavengers†¦Ã¢â‚¬â„¢, but here it is the contrast of the different types of people: the woman is â€Å"casually coifed†, the older man is â€Å"grungy†. Although the young men’s hair and glasses are similar, their appearances are mostly very different; the â€Å"hip three-piece linen suit† conflicts with the â€Å"red plastic blazers†. The use of vocabulary is effective in both poems. Some words, such as â€Å"soar†, â€Å"roar† and â€Å"surge† have double meanings: they are positive when they relate to his island, but have negative meanings in London. In ‘Two Scavengers†¦Ã¢â‚¬â„¢, descriptive words are used to highlight the differences between the people. For example, â€Å"scavengers† are unworthy compared to â€Å"an elegant couple†. The poet uses this contrast to make a direct criticism of society and how it creates this division between rich and poor people. Phrases like â€Å"small gulf† emphasise how these people may only be a few metres apart on the street, but, in terms of their lifestyles, they will never meet. Both poets show how the people feel in their different situations and give us their own view. ‘Island Man’ obviously has fond memories of the Caribbean but resents his dull lifestyle in London. We can feel his depression as he â€Å"heaves himself† to â€Å"Another London day†. Grace Nichols has sympathy for this man as he feels the conflict of these two cultures. The feelings revealed in ‘Two Scavengers†¦Ã¢â‚¬â„¢ are very one-sided, as we have the envy of the poor, â€Å"as if they were watching some odorless TV ad / in which everything is always possible,† contrasting with the uncaring attitudes of the rich, who don’t even seem to notice the truck or its passengers. The poet’s attitude here is one of despair at this unequal society. ‘Island Man’ has made me more aware how it might feel to be trapped in a foreign country, while ‘Two Scavengers†¦Ã¢â‚¬â„¢ starkly highlights the divisions in American society. The poems have made me hope that in the future, society will be more equal and that governments who promise equal opportunities for all will deliver on what they say.

CIS Review Questions

Describe the functional organizational structure. Why do you think this structure Is so widely used? The organizational structure Is composed of different departments that help operate the business, such as, purchasing, operations, warehouse, sales and marketing, accounting, research and development, finance and accounting, human resource, and information technology. I look at Direct Relief International when they need supplies they use the SAP website to track everything they need. Most of their material is available for anyone to see what they need, where it's going to, and the amount of supplies on hand.Most retail companies use the same process when ordering, or for payroll, they might have a different name for it. To me working in the retail business I think it helps the company out by seeing what the customers are wanting, they can tell if a particular item is not selling base off the cost and other factors. For example Skullcap's CEO (Rick Alden) said he doesn't need an IT dep artment and for their Accounting they utilize what SAP has put In place. 2. What Is the silo effect? Why does It exist? What problems does It create?How can an organization reduce or eliminate the silo effect? The silo effect is when one person completes a specific part of their work and sends it off to someone else who does their particular part. I think the silo effect exists because it coordinates functions and Job duties in deferent functional areas. Most companies using the silo effect tend to lose lots of money and can affect customers If the communication process In not there. For example the Classically company takes employees out to clear their mind and create Ideas.Most companies have people who are stuck In their ways and believe the world Is never changing. I would love to e companies use the functional organizational structure such as every each department has to know what is going on from the lower level to the higher level of staff. Everyone in the department should b e on the same task so that if someone in your department passes alone his or her work to you, if any mistakes are made someone can catch it and send it back to that person, or have the option to correct the error. . What is a business process? Why is adopting a process view of organizations essential to becoming a successful manager? A business process consists of different level of tasks that have to be completed In order for you to receive an outcome, which could be your order. I figured each functional area going through a unique process in order for that order to get the best pharmacist order supplies from Direct Relief International it's a business process that each item goes through in order to have the best outcome.Step one might be the doctor ordering the material, the second step is locating the material in the warehouse, the third level is placing the items where it's going, and the final would be the shipping status of the products. Briefly describe the key business proce sses included in this chapter in terms of . Their key steps. The key process are processes that have an impact on the success of an organization, processes deliver results that are directed towards measurable business goals, and making sure that the organization remains competitive like Global Bike Inc.The procurement process is where the items are being planned you can order your products online or by calling and then making sure that the accounting or finance department has no issues. The production process is simply like the companies stated earlier sometimes they make the products or go and locate the product in the arouses where the items are located to be shipped. The final process is making sure that the customer has a tracking number and making sure that the order has been fulfilled.The lifestyle data management process is when Global Bike Inc. Creates a particular design for a customer and hopefully discontinues it unless someone else has the same idea. The material plannin g process is when statistic data plays a role in the organization finding out what people are looking for an interested in. The inventory process is where the material is stored and ready for shipping. Explain the interrelationships among the key processes included in this 5. Chapter. Why are these interrelationships important?The procurement when Direct Relief International has orders being placed they will go to they will scan and locate the product location. Next they will get a purchase order to accounting so that accounting will send invoices once payment is received. The next step is to the production stage goes to the warehouse and back to the production. Finally, the order is in the fulfillment stage where sales create the order and the warehouse ships the order, and then accounting receives payment from the customer.

7 Strange But (Probably) True Jobs of the Future

7 Strange But (Probably) True Jobs of the Future The career landscape changes with the times. Just as jobs making buggy whips and horse carriages eventually gave way to jobs in the automobile industry, time keeps ticking forward,with some interesting and unusual new jobs predicted for the future. In the world of supply and demand, finding a new job niche is limited only by imagination, so it will be fun to see what the future brings. Food EngineeringAs the world population continues to increase and people need food sources,  engineers will be needed to create appealing bio-meat products and cross-bred plants that  produce more crops that are sturdier and are more resistant to pests. In addition to engineers, other jobs may become available in this industry: think  drone operators to monitor large swaths of planted production areas and agriculturists for urban areas to grow food for local consumption.Virtual Tour FilmographerVirtual tours are already around- all you have to do is go online to take a tour of the Louvre in Paris or the Smithsonian’s Natural History Museum. This business opportunity is growing as people film everything from extreme sports to  visits to natural wonders and museums. This type of job will expand in the future as photographers spread out around the globe to film the more and more exciting adventures that you can enjoy vicariously from the comfort of your own home.Crowdfunding OrganizerThe process of crowdfunding, usually accomplished by using social media, is a way for a company to gather start-up funds for a new business or project idea or for a charity to get donations or to kickstart an educational project. Because crowdfunding usually has a time limit to gather donations, a crowdfunding organizer’s job is to maximize donations during that period by offering promotional advice.Privacy SpecialistIn this age of technology, privacy has become harder to maintain,  and safeguarding your own  privacy is a real concern. A  privacy specialist ensures that a cli ent is using the most up-to-date methods to ensure security of digital information such as credit cards and personal identification from theft.Corporate Reorganizer/DisorganizerThis strange sounding job title is for an individual who works as a reorganizer for businesses that haven’t kept up with the times and appear old-fashioned and lackluster. A  corporate disorganizer upgrades systems and finds new processes that bring the company up-to-date and streamline its functions, bringing it into a new era.Architectural 3D SpecialistThe architectural 3D specialist will be a busy individual in the future. As 3D technology increases, printable houses can add a new dimension to building. Construction of a house can be accomplished in a day, a possibility that  may be used to clear and rebuild in blighted areas or construct new developments in a short time.Custom Organ DesignerNo, this organ isn’t the same kind you might see in an old horror movie. This type of job designs customized organs for people  who need body part replacements. As scientists study ways to reproduce organs by using living cells, organ replacement is closer to reality than you might think.New jobs are always being invented, and the future may bring some surprises and opportunities.

Islands in the Stream (c1951) by Ernest Hemingway

Islands in the Stream (c1951) by Ernest Hemingway Ernest Hemingway’s Islands in the Stream (c1951, 1970) was published posthumously and was expurgated by Hemingway’s wife.  A note in the preface states that she removed certain portions of the book which she felt certain that Hemingway would have eliminated himself (which begs the question: Why did he include them in the first place?).  That aside, the story is interesting and is much like his later works, such as (1946-61, 1986).   Originally envisioned as a trilogy of three separate novels, the work was published as a single book separated into three parts, including â€Å"Bimini,† â€Å"Cuba,† and â€Å"At Sea.†Ã‚   Each segment explores a different time period in the main character’s life and also explores different aspects of his life and emotions.  There is one connecting thread throughout the three segments, which is family.   In the first section, â€Å"Bimini,† the main character is visited by his sons and lives with a close male friend.  Their relationship is incredibly interesting, especially considering the homosocial nature of it in contrast to the homophobic comments made by some of the characters. The idea of â€Å"manly love† is certainly a main focus in part one, but this gives way in the second two segments, which are more concerned with themes of grief/recovery and war. Thomas Hudson, the main character, and his good friend, Roger, are the best developed characters in the book, particularly in part one.  Hudson continues to develop throughout and his character is interesting to witness as he struggles to grieve the loss of his loved ones.  Hudson’s sons, too, are delightful. In part two, â€Å"Cuba,† Hudson’s true love becomes a part of the story and she, too, is interesting and very similar to the woman in Garden of Eden. There is much evidence to suggest that these two posthumous works might be his most autobiographical. The minor characters, such as the bartenders, Hudson’s houseboys, and his comrades-in-arms in part three are all well-crafted and believable.   One difference between Islands in the Stream and Hemingway’s other works is in its prose. It is still raw, but not quite so sparse as usual.  His descriptions are more flushed out, even somewhat tortured at times.  There is a moment in the book where Hudson is fishing with his sons, and it is described in such detail (similar to the style in Old Man and the Sea (1952), which was originally conceived as part of this trilogy) and with such deep emotion that a relatively lackadaisical sport like fishing becomes thrilling. There is a kind of magic Hemingway works with his words, his language, and his style. Hemingway is known for his â€Å"masculine† prose – his ability to tell a story without much emotion, without much sap, without any â€Å"flowery nonsense.† This leaves him, throughout most of his chronology, rather walled-off from his works.  In Islands in the Stream, however, as with Garden of Eden, we see Hemingway exposed. There is a sensitive, deeply troubled side to this man and the fact that these books were published only posthumously speaks volumes to his relationship with them.   Islands in the Stream is a delicate exploration of love, loss, family and friendship.   It is a deeply moving tale of a man, an artist, fighting to wake up and live every day, despite his haunting sadness.   Notable Quotes: Out of all the things you could not have there were some that you could have and one of those was to know when you were happy and to enjoy all of it while it was there and it was good (99).   He thought that on the ship he could come to some terms with his sorrow, not knowing, yet, that there are no terms to be made with sorrow.   It can be cured by death and it can be blunted or anesthetized by various things. Time is supposed to cure it, too. But if it is cured by anything less than death, the chances are that it was not true sorrow (195). Theres some wonderful crazies out there. Youll like them (269).

The Importance of Marketing to Organizations in the Twenty-first Coursework

The Importance of Marketing to Organizations in the Twenty-first Century - Coursework Example The paper tells that for many companies in today's business environment, the marketing process is largely centered upon the concept of brand building, which is employed in every phase of the marketing process. There are numerous challenges to be faced when a company determines to market in a global economy, even when they plan on conducting business on a strictly local level. One of the major challenges is trying to find a means of communicating to a variety of cultures through the means of a single message. Every society has its own standards and concepts of what is acceptable and what is motivational. While Americans seem to respond well and quickly to ads that celebrate individualism such as a Nike ad in which a soccer team disrupts normal activity at the airport, Segal reveals the responsiveness of Chinese consumers to these kinds of appeals. For the Chinese, these ads only have an effect if, like McDonald's ads that capitalize on a Chinese cultural belief that beef acts as an ap hrodisiac, it promises some kind of payoff. Technology has assisted in these areas, though. As cultures begin to merge through closer connections, modifications to advertisements can be made with a few digital clicks. Technology makes it possible for advertisers to quickly modify the imagery used in their marketing campaigns. More sophisticated means of managing merchandise are also available thanks to electronic tracking from production through consumer trends. As Serna reports, technology has dramatically improved corporations' abilities to track and more appropriately understand consumer purchasing habits for everything from their favorite cereal to the types of financial services they require. While cultures such as that which exists in the United States and that of England are similar in many ways, profound differences have been found in styles of comedy and so forth that have only been breaking down recently with the increased connection through film, media and the internet. A s people become more sensitive to the differences between cultures, they also become more appreciative of the ideas and beliefs as they are expressed in the other cultures with which they come in contact. Thus, today's marketing is characterized by a complex combination of global and local appeals, technology-driven campaigns and, particularly, the emphasis placed on the concept of 'branding'. Â  The image presented by the company has come to be referred to generally under the single word 'branding.' Branding has often been publicized as the best means of creating a loyal customer base and achieving instant worldwide recognition. "Corporate branding emerged as a key concept in the late 1990s". The meaning of the term itself has undergone an extreme transformation in recent years.

Podcasts Essay Example | Topics and Well Written Essays - 1250 words

Podcasts - Essay Example In this scenario, subscribers are able to listen to podcasts using their computers, rather than sending them to a portable audio player. In fact, it is expected that coming editions of podcasting will include video signal. In this scenario, the cell phones with video potential will be capable of playing video podcasts. Actually, Adam Curry presented the idea of Podcasting. The application of this idea rose extensively with the emergence of networks and radio making material available for podcast fans. According to a research conducted by â€Å"USA Today† in February 2005 stated that over 3,300 podcast applications were available, immediately few months after its opening (Egger; Kayne; Lesinski, Walker and Leveque). Moreover, innovative technology based media has often replaced older media. However, it immediately does not take place that way. In fact, there are various aspects that turn out to be strictly out-of-date and have been replaced because of harsh boundaries they had (smoke signals are not that well-known any longer) however by and large, latest and innovative technology based media immediately supplements older media. Though, gestures did not turn out to be out of date for the reason that of speech. Additionally, the speech did not move away for the reason that of writing. In the same way, books did not put back the trend of letters. In addition, radio did not make books go absent, and neither did TV replace radio. On the other hand, the media backdrop is developing and the various kinds of media are affecting each other. Since people usually like to watch the Super Bowl on TV in place of listening to it on the radio. However, that is not equivalent "replacement". Additionally, radio certainly had to alter when TVs turned out to be well-known, however on the alternately, the number of radio stations almost certainly has augmented in those days (Egger; Kayne; Lesinski, Walker and Leveque). In this scenario, we have

Computer Science Research Proposal Essay Example | Topics and Well Written Essays - 1750 words

Computer Science Research Proposal - Essay Example Our company stands to gain by creating a smart and easy-to-use debugger. It will make the process of programming swifter and more efficient, leading to both profits by selling the debugger and savings by creating a more efficient software engineering process for ourselves. The main improvement of our debugger over other debuggers will be a visual component; complex data structures like graphs, tables, and trees will be displayed visually as the programmer conceptually sees them, not as lines of text. First of all, we could create our own IDE and implement the debugger along with it. This option would take longer to develop than the first, but would not have the difficulties of interfacing with other IDE's, since the debugger would be tailor-made for our own IDE. Also, we could stand to charge more for this product than for a plug-in(GraphViz). Secondly, we could create the debugger as a plug-in for an environment such as Visual Studio or Eclipse. This would take less time and be cheaper than other options, but may lead to difficulties in interfacing with a variety of IDE's, and may be unstable. Finally, we could link an existing IDE and an existing graph displayer but program the interface between the two. This would take the fastest among the three options but would not lead to much actual profit by sales. It would, however, improve the efficiency of our own programming practices. As for the schedule, option 1 could take many years; it would probably demand constant attention. Several years would be a reasonable period for option 2, and option 3 could be done in a matter of months. The duration of one development cycle within these schedules would vary depending on how many versions we release to the awaiting public, among other factors, but the ideal development cycle would be one version per year. Both Eclipse, which was open source starting on November 7, 2001, and GraphViz, which started in 2000, have maintained a nearly annual release schedule. Management of this Software Management of this project depends on how components of the project will be subdivided. Option 1 will need many more teams and a large staff, to cover the many aspects of an IDE. Option 2 could require one team for interfacing with IDE's, a large one for displaying graphs visually, and other smaller teams for the execution window and the variable window. Wages for programmers could run around $20,000 a year a person. Computer equipment and office space, which requires property taxes, will be needed. I conclude that, with the need for cutting the cost and time associated with debugging, this project is worth the costs, and option 2 is the optimal choice. Introduction An integrated development environment puts jointly the whole lot needed for programming into one application: a text editor, a compiler, a runtime environment, a debugger, and other tools. Some instances of these applications include Visual Studio, JBuilder, and Eclipse. Integrated developm

Strategic management and information systems at Tesco

Strategic management and information systems at Tesco Outsourcing ICT is quite commonly used by organisations as an approach to strategic management. Assess the advantages and disadvantages that outsourcing can bring in developing effective uses of information systems in an organisation such as Tesco. What do you understand by knowledge management and knowledge management systems? Analyze how useful such a system could be to Tesco and why it is often difficult to persuade employees to use such systems. As markets evolve the companies that are in the top seats are the ones that excel in organizing human resources and materials, also forecasting the possible changes in markets. To manage this many companies use the help of other companies to grow in this straggle of competition. This is called Outsourcing. If a firm does not want to use its internal resources to build or operate information systems, it can hire an external organization that specializes in providing these services to do the work. The process of turning over an organizations computer center operations, telecommunications networks, and/or applications development to external vendors is called outsourcing (Laudon Laudon, 2005). This definition covers the greatest part of Outsourcing, but what happens when we refer to ICT Outsourcing? First of all, what is ICT? Information Technology (IT) is probably one of the most used terms in business nowadays. Information shouldnt be confused with knowledge, unfortunately this happens occasionally. The term information is used extensively in no formal speech. This, and the different meanings used, makes it hard to define. From my point of view after studying on this subject, information covers data to which meaning is assigned, according to context and assumed conventions. Knowledge is derived from information. (Miller, 1999) Any equipment or interconnected system or subsystem of equipment, that is used in the automatic and digital acquisition, storage, manipulation, management, movement, control, display, switching, interchange, transmission, or reception of data or information. The term information technology includes computers, ancillary equipment, software, firmware and similar procedures, services (including support services), and related resources. Taking under consideration the above we conclude that ICT Outsourcing can be defined as follows. Information Technology outsourcing is the concept of an organization contracting-out IT activities to a third party vendor, who in return provides and manages the services for a certain period of time in exchange for a monetary fee. The deal can include the transfer of IT assets and people involved with IT to the external entity. (Roland Booijen 2006) The main trend in international businesses nowadays is to outsource their production process as well as some of their services outside of their base country. The term outsourcing basically refers to the process of subcontracting goods and services from an outside supplier, usually from a different country. Most companies choose to outsource because of its many advantages over the traditional process of production. This article will show you some advantages that outsourcing can do for your business. Most companies choose to outsource because it lowers the cost of production and other expenses such as IT services and customer services. China and Vietnam, popular off shoring countries do not have strict labor laws allowing relatively cheaper wages. This guarantees that the company will get the most out of the capital invested in the business. A consequence of the advantage mentioned, outsourcing will reduce the overhead cost of maintaining the business. Outsourcing will allow you to reduce the number of your employees which will lead to savings in utilities, a save in taxes and less insurance among others. This will increase the funding of your company that can be invested in any other parts of the business. Another advantage of outsourcing is gives you better control of your business. Outsourcing can significantly reduce the number of your employees, thus making the rest of the staff easily manageable. By that, you can increase the responsibility of your workers inside your company and make them feel like a part of the business, something they have put their effort to bloom. Outsourcing gives you the chance to focus on other business aspects like the marketing process. By taking other parts of the business like production and other process away, you have more time to plan others steps of your company like how to sell you r products in a more efficient way. This can give you the weapons to become a recognizable marketing power company. Another advantage of outsourcing is that it allows you to choose professional level of processing or utilization according to the needs of your company. Since you choose expertise in their field, the quality of your service will also improve. Outsourcing would mean to expose your production to external procedures that you may not know or considered looking into. This can provide innovation capabilities for your business. This provides useful information on how to improve your products by using the earned technological info and professional production means. These are some of the benefits that outsourcing can brink to your business. In companies like Tesco using outsourcing can benefit in many ways as this huge business colossus always needs innovation, using outsourcing provides fresh ideas for them and also can keep them focused on other parts of the business like promotion or marketing. As you study your way through using outsourcing you will have to keep in mind that there are advantages to outsourcing and disadvantages of outsourcing. Some of the disadvantages of outsourcing are the following: One disadvantage is loss of management Control .Whether you sign a contract to have another company perform the function of an entire department or single task, you are turning the management and control of that function over to another company. True, you will have a contract, but the managerial control will belong to another company. Your outsourcing company will not be driven by the same standards and mission that drives your company. They will be driven to make a profit from the services that they are providing to you and other businesses like yours. Another disadvantage is hidden costs .You will sign a contract with the outsourcing company that will cover the details of the service that they will be providing. Anything not covered in the contract will be the basis for you to pay additional charges. Additionally, you will experience legal fees to retain a lawyer to review the contacts you will sign. Remember, this is the outsourcing companys business. They have done this before and they are the ones that write the contract. Therefore, you will be at a disadvantage when negotiations start. Yet another drawback may be the threat of Security and confidentiality .The life-blood of any business is the information that keeps it running. If you have payroll, medical records or any other confidential information that will be transmitted to the outsourcing company, there is a risk that the confidentiality may be compromised. If the outsourced function involves sharing proprietary company data or knowledge, this must be taken into account. Evaluate the outsourcing company carefully to make sure your data is protected and the contract has a penalty clause if an incident occurs. One more disadvantage may be quality problems. The outsourcing company will be motivated by profit. Since the contract will fix the price, the only way for them to increase profit will be to decrease expenses. As long as they meet the conditions of the contract, you will pay. In addition, you will lose the ability to rapidly respond to changes in the business environment. The contract will be very specific and you will pay extra for changes. Another disadvantage is to be tied to the financial well-being of another company. Since you will be turning over part of the operations of your business to another company, you will now be tied to the financial well-being of that company. It wouldnt be the first time that an outsourcing company could go bankrupt and leave you holding-the-bag. One more disadvantage is bad publicity and Ill-will .The word outsourcing brings to mind different things to different people. If you live in a community that has an outsourcing company and they employ your friends and neighbors, outsourcing is good. If your friends and neighbors lost their jobs because they were shipped across the state, across the country or across the world, outsourcing will bring bad publicity. If you outsource part of your operations, morale may suffer in the remaining work force. Companies like Tesco can use ITC outsourcing in their intercompany communications, by using a system of comlinks or anything like that. Another possible use is better organizing stock and storage of items by using computer based systems, databases for storage and self items would be a great effective way of ICT usage etc. 2. Knowledge management and Knowledge management systems ( KMS) are a class of informational systems that refer to the application of managing informational knowledge in an organization. That is, they are IT-based systems developed to support and enhance the organizational processes of knowledge creation, storage/retrieval, transfer, and application. Although not all KM initiatives involve an implementation of IT, and admonitions against an emphasis on IT at the expense of the social and cultural facets of KM are not uncommon (Davenport and Prusak 1998; Malhotra 1999; O.Dell and Grayson 1998), many KM initiatives rely on IT as an important enabler. While IT does not apply to all of the issues of knowledge management, it can support KM in many ways. A very common application of knowledge management systems is the creation of knowledge networks (Ruggles 1998). For example, when Chrysler reorganized from functional to platform based organizational units, they quickly Knowledge management a nd Knowledge management systems (KMS) are a class of informational systems that refer to the application of managing informational knowledge in an organization. That is, they are IT-based systems developed to support and enhance the organizational processes of knowledge creation, storage/retrieval, transfer, and application. Although not all KM initiatives involve an implementation of IT, and admonitions against an emphasis on IT at the expense of the social and cultural facets of KM are not uncommon (Davenport and Prusak 1998; Malhotra 1999; O.Dell and Grayson 1998), many KM initiatives rely on IT as an important enabler. While IT does not apply to all of the issues of knowledge management, it can support KM in many ways. A very common application of knowledge management systems is the creation of knowledge networks (Ruggles 1998). For example, when Chrysler reorganized from functional to platform based organizational units, they quickly realized that unless the suspension speciali sts could communicate easily with each other across platform types, expertise would deteriorate. Chrysler formed Tech Cul, bringing people together virtually and face-to-face to exchange and build their collective knowledge in each of the specialty areas. In this case, the knowledge management effort was less focused on mapping expertise or benchmarking than it was on bringing the experts together so that important knowledge was shared and amplified. Providing online forums for communication and discussion may form knowledge networks. The idea of a KM system is to enable employees to have ready access to the organizations documented base of facts, sources of information, and solutions. For example a typical claim justifying the creation of a KM system might run something like this: an engineer could know the metallurgical composition of an alloy that reduces sound in gear systems. Sharing this information organization wide can lead to more effective engine design and it could also lead to ideas for new or improved equipment. A very good example in Tescos case is when they decided to implement an online ordering system that connected the customers with the warehouses and the suppliers. Some of the benefits of KMS systems are: Increased order processing capacity, Reduced hardware cost , Increased flexibility in maintaining supplier relationships , Better integration of programs, increased reliability in day to day operations. The key aspect of KM and KMS is to convince existing long term employees to make use of such systems in order to produce/sell more and drive profits upwards. Such a challenged is described in the Tesco Case Study as far as the living service scheme is described in the context of making employees comfortable with the new changes in the way they operates so far. This was achieved by implementing their managers in the process, in order to encourage employees that they have some ownership over their workplace and was achieved with 3 day workshops. However one of the major drawbacks was that the managers had to face was the skepticism of the employees who viewed the whole scheme as suspicious. Trilogy, the group of companies that was outsourced for this purpose made sure that the whole process would like a completely internal Tesco-like procedure to ensure that they had the employees full trust on the living service program. that unless the suspension specialists could communicate easily with each other across platform types, expertise would deteriorate. Chrysler formed Tech Cul, bringing people together virtually and face-to-face to exchange and build their collective knowledge in each of the specialty areas. In this case, the knowledge management effort was less focused on mapping expertise or benchmarking than it was on bringing the experts together so that important knowledge was shared and amplified. Providing online forums for communication and discussion may form knowledge networks. The idea of a KM system is to enable employees to have ready access to the organizations documented base of facts, sources of information, and solutions. For example a typical claim justifying the creation of a KM system might run something like this: an engineer could know the metallurgical composition of an alloy that reduces sound in gear systems. Sharing this information organization wide can lead to more effective engine design and it could also lead to ideas for new or improved equipment. A very good example in Tescos case is when they decided to implement an online ordering system that connected the customers with the warehouses and the suppliers. Some of the benefits of KMS systems are: Increased order processing capacity, reduced hardware cost, Increased flexibility in maintaining supplier relationships, Better integration of programs, increased reliability in day to day operations. The key aspect of KM and KMS is to convince existing long term employees to make use of such systems in order to produce/sell more and drive profits upwards. Such a challenged is described in the Tesco Case Study as far as the living service scheme is described in the context of making employees comfortable with the new changes in the way they operates so far. This was achieved by implementing their managers in the process, in order to encourage employees that they have some ownership over their workplace and was achieved with 3 day workshops. However one of the major drawbacks was that the managers had to face was the skepticism of the employees who viewed the whole scheme as suspicious. Trilogy, the group of companies that was outsourced for this purpose made sure that the whole process would like a completely internal Tesco-like procedure to ensure that they had the employees full trust on the living service program.