Sunday, May 24, 2020

Globalization And Its Impact On The World - 1003 Words

GLOBALIZATION We live in a time of worldwide change. What happens in one part of the world impacts people on the other side of the world. People around the world are influenced by common developments. The term â€Å"globalization† is used to describe this phenomenon. According to Harris, the term is being used in a variety of contexts. In a very broad context, media use it almost daily to refer to a wide variety of political, sociological, environmental, and economic trends. The business world, however, uses this term in a much narrower context to refer to the production, distribution, and marketing of goods and services at an international level. Everyone is impacted by the continued increase of globalization in a variety of ways. The types if food we eat, the kinds of clothes we wear, the variety of technologies that we utilize, the modes of transportation that are available to us, and the types of jobs we pursue are directly linked to â€Å"globalization.† Globalization is changing the world we live in. Causes of Globalization Harris indicates that there are three main factors contributing to globalization. These factors include: †¢ The reduction in trade and environment barriers in the post-World War II period. †¢ The rapid growth and increase in the size if developing countries’ economies. †¢ Changes in technologies Trade Agreements Originally, each nation established its own rules governing foreign trade. Unfair regulations and tariffs were often the outcome,Show MoreRelatedImpact Of Globalization On The World1158 Words   |  5 PagesIntroduction: Globalization is a movement that evolves over time. It heavily involves trade and business that builds relationships with border countries and overseas. Technology is a critical part of globalization as it involves connecting people in many ways. â€Å"The number of minutes spent on cross-border telephone calls, on a per-capita basis increased from 7.3 in 1991 to 28.8 in 2006† (IMF Staff, p. 271). The growth of technology has made it possible for people to connect almost instantaneouslyRead MoreGlobalization And Its Impact On The World1744 Words   |  7 PagesThe Past Globalization, it could be argued, began when tribes first realized there were other tribes in the surrounding areas. With different specialties and skills, these groups began to trade. While these groups may not have been very geographically separated, the available world was expanding as more and more people groups began to connect and interact. Landmarks in the development of globalization can be traced through history: from the exchange of both goods and knowledge on the silk roads andRead MoreImpact Of Globalization On The World1244 Words   |  5 PagesIt is without a doubt that the world today has become a â€Å"Global village†. Nobody wants to do or wear or even eat something that’s old news, all are out to get the â€Å"new† thing in the market. People in every corner of the world have access to similar services and products. Let it be fashion, entertainment of even food. Everybody is adopting similar habits. That’s the power of globalization. Gl obalization is the process by which the world is interconnected through technology and powerful infrastructureRead MoreImpact Of Globalization On The World1262 Words   |  6 PagesThe impact that globalization provided to the world was a positive effect that expanded the influences from one country to another. Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Similarities on how national markets established themselves in other countries which increases not only international trade but also cultural exchange. This increases cultural trade because it gives countries the abilityRead MoreImpact Of Globalization On The World1787 Words   |  8 PagesThis report will discuss the multiple roles of globalization in providing and transferring new and advanced technologies which, despite their significance, can severely damage the environment. This report will also be covering multiple aspec ts such as what we mean by globalization as a anomaly of changes. What technologies mean. What are the factors of globalization that supported it and what are the variables of it. First the term â€Å"globalization† must be defined. There are various definitions ofRead MoreImpact Of Globalization On The World Essay952 Words   |  4 PagesThe flattening of the world due to free trade and globalization has had both negative and positive effects on states. Because the world market has begun to level out, more states are becoming technologically advanced thus increasing the global economy. However, while some states are beginning to catch up, others are remaining at the same level and are at risk for being surpassed, both technologically and economically. So, the flattening of the world is creating both winners and losers; it is importantRead MoreImpact Of Globalization On The World1179 Words   |  5 PagesThe world we live in today has witnessed a variety of changes, improvements and important events overtime. Yet, the most significant incident for many and especially for business related people is Globalisation. It is a term that is used to describe the exchange of knowledge, services, trade, information, cultures and capital between people, governments and organisations of different societies. According to The Economist (2013), economic historians’ opinions tend to differ when it comes to theRead MoreGlobalization And Its Impact On The World1435 Words   |  6 Pagesinfluence and shape the world? Globalisation is described by the financial times to be the ‘process by which national and regional economies, societies, and cultures have become integrated through the global network of trade, communication, immigration and transportation.’ Integration across the planet brings every individual together with a shared sense of purpose where as interdependency goes beyond this. It implies that we rely on and need each other. Across the world there is an interdependencyRead MoreImpact Of Globalization On The World1229 Words   |  5 Pagesâ€Å"Globalization is the process by which everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world.† Presently, the world is considered more globalized than it has ever been. The world today has embarked on strong world relations through trade, exchanging both knowledge and goods. According to the World Trade Organization there are ten benefits of trading systems; the first entails the idea that â€Å"people are usually reluctant to fight their customersRead MoreImpact Of Globalization On The World1870 Words   |  8 PagesGlobalization can be defined as the process by which businesses or other organizations develop international influence or start operating on an international scale. (Oxford Dictionaries, 2016) Globalization is the buzzword of today as someone think it could develop the international. People can contact different things in their own place which are from other countries. Moreover, internet is more important things in globalization whatever for personal or society as it can let us to contact the things

Monday, May 18, 2020

Gender Equality In America - Free Essay Example

Sample details Pages: 3 Words: 967 Downloads: 10 Date added: 2019/04/15 Category Society Essay Level High school Tags: Women Rights Essay Did you like this example? The oppression of women has proved to be an issue since the United States declared its independence from Great Britain and continues be. The Constitution itself declares that all men, not women are equal. Equal rights for women is a centuries long battle that needs to be won. Although men and women are biologically different, they are equal as humans and should be treated as such. Men and women are equally important, each adding different, valuable aspects to American society. Womens suffrage has been a controversial topic, but it should not be. Women deserve contribute much to society and deserve equal rights, but they have been wrongly oppressed in all aspects of life including the workplace, the home, and in government. Americas founding fathers scoffed at the thought of Constitutional rights for women. Only two centuries ago, was it that the voices of the oppressed began to be heard by those who had power to make a change. Tamar Rothenberg writes that The 15th Amendment, ratified in 1869, said that race was no bar to voting, but made no mention of sex. Women would have to wait until the next century (Rothenburg par 21). It was not until the the early 18th century however, that American women loudly demanded that they be given the same rights as men. Elisabeth J. Friedman writes that all of these, campaigns were conceived of women (Friedman par 4). Don’t waste time! Our writers will create an original "Gender Equality In America" essay for you Create order Nearly all of these protests for womens suffrage were organized, performed, and supported by women and it was not until August 18th 1920, that women even had the legal right to vote. Even today women are battling for their rights. In 1914 women began to work in factories out of necessity during World War 1. Ivette Romero-Cesareo writes that, women were able to get away from their homes and participate in activities other than domestic work and childbearing (Romero-Cesareo par 2). As men and women began to work alongside one another, it became clear that having the same job did not make them equal. After over 100 years of participation in the workforce, women are still not viewed as equal to men or paid fairly. Today, the woman on average makes only 80 percent of the mans dollar for the same job. The role of women in society is still controversial. Many believe that it is a womans duty to assume the role of the homemaker. In the short story The Yellow Wallpaper, Charlotte Perkins Gilm an writes, that I am absolutely forbidden to work until I am well again (Gilman par 3). Work is often viewed as a burden on women and it is agreed by many that women should not work unless financially necessary. Women that choose to pursue a career rather than have children are looked down upon as selfish. However women add a new perspective that is needed in the workforce.Often womens value to society and to the workforce are often undermined unless it concerns there responsibility in the home. Friedman writes that, womens citizenship has often been restricted in ways that reflect societal assumptions about their duties as homemakers, specifically as mothers (Friedman par 4). Women by nature add different perspectives, ideas and opinions to society and the workplace. Throughout history women have brought about change that would not have been possible by the minds of men alone. This is made clear in the short story Trifles, by Susan Glaspell as she writes, Mrs. Peters, and keep an eye out for anything that might be of use to us (Glaspell p 3). In this story the two women are able to pick out abnormalities around the crime scene that the men would not have been able to because of their experience as women. Women have much to contribute to society, and when given the opportunity have pro ven this to be true. In 2018, almost a century after women have been given the right to vote, they are still fighting for equal rights. It has become obvious that there is a lack of female representation in government and in politics. There is less than 20 percent of women represented in Congress, and the United States ranks 98th in the world for female representation in government. Without women representing women in government it may be impossible to make the changes that need to be made. Women need female representation and t this is the only way that their voices can be truly heard. Friedman states that women need to be more active in politics as they offer a distinctively female perspective on social change. Women want equal pay, and the right to make decisions concerning their bodies, however these decisions have been and continue to be made by men. Rothenburg states that today, the struggle to improve the position of women in society continues. And, more people are recognizing that history is only half told without womens side of the story (Rothenburg par 36). History cannot be rewritten, but the course of the future can be changed as women take part in the making of it. Women have undoubtedly endured a long history of oppression in American society. Throughout history, gender roles and stereotypes have condemned females to lifetimes of childbearing and homemaking. Not even a century ago, women were granted the right to vote in America. And still, women are not completely equal to men. Women in the workforce still receive unequal pay and are often frowned upon by society for not pursuing their duties as mothers. However, women need to be empowered and given the opportunity by society to progress and help change the world. Men and women should view each other as partners in society who are both working towards the betterment of it. Equal rights are a crucial aspect of achieving changes necessary to the improvement of this nation. Female empowerment and equal rights will change this country for the better.

Thursday, May 14, 2020

Descartes Argument For The Discovery Of Scientific Truth...

I will attempt to clearly explain an argument offered by Renà © Descartes in Rules for the Discovery of Scientific Truth. In order to accomplish this task, I will discern and explain Descartes’ argument, offer what I consider to be the most significant objection to the argument, and contemplate how Descartes would reply to my objection. For the purposes of explanation, I will temporarily put aside the first sentence of the paragraph in which Descartes’ argument can be found. The second sentence of the paragraph begins with Descartes discussing how in his college days, he â€Å"discovered that nothing can be imagined which is too strange or incredible to have been said by some philosopher† (195). This phrase is telling because it shows that the study of thought itself is one of the first fields to offer the thoughts which seem the craziest to a common person. How can the study of thought itself offer up such flawed thoughts? The simple answer is that it doesnâ₠¬â„¢t. Descartes continues that sentence by recognizing that â€Å"those with views quite contrary to ours are not on that account barbarians or savages, but that many of them make use of reason as much or more than we do† (195). In other words, just because someone holds a view in opposition to mine, does not mean they are uncivilized or uneducated. On the contrary, many of those who hold opinions that may seem stupid have used reason to the same degree as (or even more than) I have. Just as the arguments of so called uncivilizedShow MoreRelatedEnlightenment And Scientific Discovery Of The 17th Century1620 Words   |  7 Pagesperiod of enlightenment and scientific discovery of the 17th century, differing concepts of the scientific method emerged. Amongst these, Renà © Descartes and Sir Isaac Newton had some of the more prominent ideologies. Through The Discourse On Method Descartes describes his rules for â€Å"discovering the truth†(Sherman. P.74) based on his mat hematical background. Many of these are based on logical deductions and examining individual sections of a hypothesis to determine their truths. A few decades later, SirRead MoreDescartes Meditations On First Philosophy807 Words   |  4 PagesConner Ruhl Professor Copley Philosophy 1000C 4 May 2015 Descartes, Meditations on First Philosophy Rene Descartes was the first great philosopher of the modern era, He had a new approach which was focused on scientific and mathematical truths. Descartes came to reject the scholastic tradition, one of which he was educated, due to his pursuit of mathematical and scientific truth. Much of Descartes work was done to secure advancement of human knowledge through the use of the natural sciencesRead MoreDescartes Meditations On First Philosophy1264 Words   |  6 PagesDescartes’ Meditations on First Philosophy is a first-person record of Descartes’ descent into the bowels of disbelief, in order to eradicate all flawed belief from his life. In his first meditation, Descartes explains his argument for universal doubt, which leads him to doubt every truth he has ever established. Even the veracity of his sense perception is doubtful, as he renders those perceptions useless by arguing that in dreams, sense perceptions create the wildest of fantasies that cannot beRead MoreAnalysis Of Descartes s The Heart, And Then Second By F. Descartes Essay1779 Words   |  8 Pagesgeneral concept that illustrates how systematic reasoning can be used to acquire scientific or medical knowledge. Descartes goes on to recognize that many problems and questions are not simple enough to solve just by thinking rationally about observable truths. In these cases, he recommends reducing problems into smaller, more manageable sub-problems that, individually, can be solved in the manner outlined above (Descartes, Discourse Part 6, Sections 71- 72). He shows this by describing the purpose ofRead MoreThe Cartesian Cogito By Rene ÃÅ'  Descartes1513 Words   |  7 PagesMeditations, Objections, and Replies, ReneÃŒ  Descartes argues that we cannot doubt our own existence. Descartes’s Cogito argument is actually stimulated by the â€Å"numerous† â€Å"false opinions† (9) in â€Å"Meditation One†, which he believed true in his youth but now doubts and attempts to attack through his own writing. Descartes’s doubts involve three stages. The first doubt concerns sense illusion. In other words, Descartes formerly maintained that we obtained truth â€Å"either from the senses or through the senses†Read MoreThe Philosophical Beliefs Of Substance Dualism And Modern Materialism953 Words   |  4 PagesSubstance Dualism and modern Materialism The tradition of Substance Dualism was formulated by Rene Descartes to define the differing modes of the soul that function in the human mind. The dualistic aspect of this philosophy is based on the presence of a higher power, such as God, that provides the essence of the mind through the soul, yet the human body is separated from this process. Therefore, Descartes sought to divide the mind from the material body as a method of defining the limitations of theRead MoreThe Mind-Body Problem Essay1204 Words   |  5 Pagesmaterialists mean by the ‘brain’, ‘mind’, ‘body’ and ‘soul’, an argument on behalf of Cartesians dualists will be reached, that responds to evidence concerning brain injuries with the claims that the brain is only ‘an instrument of the soul’. This will lead to the conclusion that there is stronger contemporary support for materialism due to neuroscience and that the Cartesian dualism argument as it is, may be wrong. However future neuroscience discoveries could continue to claim significant parts of both theoriesRead MoreThe Question Of Human Existence1776 Words   |  8 Pagesbody. Renà © Descartes, often referred to as the father of modern philosophy, first questioned this idea. The 17th century French philosopher stood out for being an intense rationalist. Rationalism is the belief in knowledge by thinking reasonably, rather than emotionally. In a time when many philosophers backed up their arguments with religion, Descartes trusted in nothing more than logic. Due to rapid new discoveries in science, that were proving many old theories to be wrong, Descartes believed philosophyRead MoreRene Descartes: French Mathematician and Philosopher Essay1855 Words   |  8 PagesRene Descartes: An Author Study Rene Descartes was a 17th Century mathematician and French Philosopher whose lifes work focused on providing a new prospective on the human perception of reality. The definition of this reality is seen as Descartes greatest life goal. Coined as the Father of Modern Philosophy, (Cunningham Reich, 2010, p. 385), Descartes laid the groundwork the philosophy and reality as we perceive it today. Descartes autobiography, Discourse on the Method of Rightly ConductingRead MoreEpistemology Is The Study Of Knowledge, Or How We Know1781 Words   |  8 Pagesknow anything. It is where one can explain how our mind is linked to reality and if these relationships are valid or invalid. In this paper, I will first present the views of Descartes on epistemology. Next, I will clarify his view of God, the body, and the mind. I will also discuss how well Descartes presents the arguments and how well they work for each topic. Lastly, I will discuss my overall agreement with his project for knowledge in general, however, I further discuss a few key components that

Wednesday, May 6, 2020

Education Systems Of The Us Educational System - 886 Words

Education Systems in Other Countries â€Å"One of the biggest problems in the US educational system is the inadequate condition of many schools located in economically disadvantaged areas†(Morgan, p 291). Morgan’s article is about improving American school system based on how other countries school systems are performing. For the US â€Å"to close the achievement gap in the US [it] include[s] improving teacher education and professional development†(p. 294). According to the article, other countries fare better than the US because they require their teachers to be educated more thoroughly and to continue to educate themselves throughout the course of their career. One step in the right direction for Americas school system is beginning in the classroom with the teachers, which is also where America’s School-to-Prison Pipeline begins. Singapore Singapore starts at the beginning of the system with the way teachers are educated and selected to become teachers and administrators in the school environment. They believe if the teachers are better educated and more prepared to begin working with students they are at a more advantageous position than here in the United States. Before a teacher in Singapore begin working directly and solely with students they have â€Å"mentor teachers guide beginning and novices in the teaching profession also collaborate with other teachers and visit different classes for as long as 20 hours a week† (Morgan, p. 294). The country will gradually prepare the teachersShow MoreRelatedThe Program For International Student Assessment825 Words   |  4 PagesComparing Two Educational Systems The Program for International Student Assessment (PISA) report provides reliable data for policy makers and school leaders to use in the decision making process. Rather than focusing on specific curricular outcomes, the assessment targets application of knowledge within real world contexts. PISA is designed to provide estimates of student performance across large populations, and the results are therefore reliable for large-scale educational planning (Lemke et alRead MoreEssay on Paulo Freires Pedogogy of the Oppressed1204 Words   |  5 Pagesour educational system, our society is forced to conform to the level of education that they want us to be at. This educational distortion is beneficiary to the educators realm and the way of governing education . We are seen as merely objects rather than subjects and are fed only facts/information that the educator only wants us to memorize not actually comprehend it or even ask questions or give our opinions to given facts/information. This is what makes the educator the oppressor and us the oppressedRead MoreEducation: United States vs. Ukraine Essay1037 Words   |  5 Pages02-16-2012 Education: United States vs. Ukraine â€Å"Education is the key to unlock the golden door of freedom.† * George Washington There are 1.8 million people coming to the United States every year. According to U.S. census estimates, in 2006 there were 961,113 Americans of Ukrainian descent representing 0.33% of the American population. The Ukrainian population in the United States is thus the second largest outside the former Soviet Union. One of the reasons is that the education is more progressiveRead MoreExamining How the African Educational System Was Destroyed Under European Colonialism1311 Words   |  6 PagesBefore the coming of the Europeans to Africa, the African folks had a system created in which to educate their youths. The Africans had an oral tradition of education to pass down their cultural values. Through a series of rites of passage these children were taught the various tribal laws and customs and also an assorted range of skills needed to survive in pre-colonial society. These children were taught through oral literature, consisting of myths and fables, the traditions ofRead MoreThe Educational Evolution Of Education Essay1006 Words   |  5 Pagestools to shape up the future. Education over the years has gone a notch higher and eminent in our present world. The educational evolution dating from 50 years back in time up till now, has impacted the strength we possess as a nation, a continent and the world at large. Backtracking the evolution to 50 years ago dates back to the 1960’s. Education at that period in time was tough and seen as the luxury of the rich. There were struggles among people to get education, experiences and skills; for someRead MoreNational Standards And Public Education1453 Words   |  6 PagesEducation has longed to be a part of this countries foundation and unfortunately for a long time there has been differing opinions about the standards and curriculum of public education. â€Å"And for as long as American have fought the culture wars, they have debated the role of education, the institution most essential to ensuring the reproduction of national identity.† (Hartman, 2013) This essay will evaluate the sides for and against the creation of national standards in public education. The highRead MoreEducation System Between The Us And My Country Nepal Essay1225 Words   |  5 PagesEnglish101 October 31, 2016 Comparison essay Education System between the US and my country Nepal The education system is an organized, purposeful structure consists of laws, policies, and regulations to regulate the education in schools and colleges in a systematic way. The education system plays a vital role in the development of the student life career and which simultaneously affects the development of the country. Every country has their own education system depending on the government. In the sameRead MoreThe Current Educational Landscape in the United States1273 Words   |  5 Pagesthe current educational landscape in the United States and how it influences global competitiveness, describes American students’ academic performance, reviews the shortage of graduates in STEM fields, and explains how the open education movement can improve academic access, student success and reduce educational costs. The purpose of this literature review is to understand American students’ academic progress and how open educational resources can assist in decreasing the educat ional divide amongRead MoreLanguage Acquisition Is The Goal Of Both European And American Educational Systems Essay1494 Words   |  6 Pagesacquisition is the goal of both European and American educational systems. There are differences in approach between the two systems that create a discrepancy in the effectiveness of the education. The American system bases the need for dual language learning on need of students to learn English and the advantages of a second language for well-off students and usually ends by late elementary school. European schools base their entire school system on dual language for all students from primary throughRead MoreThe Program For International Student Assessment1193 Words   |  5 Pagesaction to improve its science and technology education, President Obama recognized that our education system must be improved. In 1957 the Soviet Union became the first nation to launch the world’s first satellite into orbit. Prior to the launch of Sput nik, the United States was complacent in its â€Å"number one† mentality—the Sputnik launch shattered that we were lagging behind the USSR in science and technology. Fast forward to the current state of education in the United State; the PISA report was

Determine Pricing Strategy to Meet Organizational Goals

Learning Team A Reflection of Week Three Objectives Patrece James, Angela Roth, Michele King, Domingo Cuison University of Phoenix ECO/561 Professor David Flesh April 16, 2012 Week 3 learning objectives are 1) Determine pricing strategy to meet organizational goals; 2) Determine ways to create non-price barriers to entry based on market structure; 3) Determine ways to increase product†¦show more content†¦This works well if there are cost savings from selling in volume. Lastly, offering price discounts is another strategy used to meet marketing objectives. The discount could be based on quantity purchased or method of purchase. For example, cash purchasers could be offered a discount. Ways to Create Non-price Barriers. The factors that prohibit firms from entering an industry are called barriers to entry. Most utility companies, such as gas, electricity and water are government regulated and typically monopolies. In pure monopoly, strong barriers to entry effectively block all potential competition. Somewhat weaker barriers may permit oligopoly, a market structure dominated by a small number of sellers. Examples of this may be telephone and cable companies. So barriers to entry are pertinent not only to the extreme case of pure monopoly but also to other market structures in which there is some degree of monopolistic conditions and behavior. Ways to Increase Product Differentiation. One way to increase product differentiation based on a monopoly market structure is to categorize the market into elastic and inelastic groups. The example given in the book separates small business and students when selling a software package. Small businesses represent the inelastic group; they have the money to purchase software packages at a higher price and students are the elastic group and do not have the income toShow MoreRelatedMarketing Strategy : Price Is What Makes Profits And How Customers Perceive The Value Of A Product Or Service1486 Words   |  6 PagesMarketing Strategy: Price Price is what makes profits and how customers perceive the value of a product or service. Companies will determine prices based on their financial status; quality, costs and the nature of the good. According to Armstrong, G., Kotler, P. (2015), â€Å"price is the sum of all the values that customers give up to gain the benefit of having or using a product or service† (p. 266). Also, pricing is a very important element to achieve organizational objectives, projects, and profitsRead MoreThe Sunflower Company : A Company That Is Responsible For The Engineering937 Words   |  4 Pageswas to monitor pricing and purchasing practices for the different regions. An (OD) is a process that applies a broad range of behavioral. Science knowledge and practices to help organizations build their capability to change and achieve greater effectiveness including increased financial performances, employees satisfaction and environmental sustainability, (Cumming, Worley 2015). Albanese was given the ok to utilize any information and strategies as possible as an (OD), to determine the problem andRead Moremanage the marketing process1361 Words   |  6 Pagesdaily basis is vital for ensuring the growth and success of any company. The marketing plan for Houzit stores was developed over 12 months ago and I am actively engaged in implementing the strategies to achieve the marketing objectives. Specifically, I am instigating those marketing activities that meet the marketing objectives of a 12% market share (up from 11%) and an increase in sales by 8.5% over last year’s result. Some of the marketing activities are listed below: ââ€"  magazine advertisingRead MoreAction Adventures 21353 Words   |  6 Pagesand trends considerations: †¢ Legal and regulatory †¢ Global †¢ Economic †¢ Technological †¢ Innovation †¢ Social †¢ Environmental †¢ Competitive analysis †¢ Internal forces and trends considerations: †¢ Strategy †¢ Structures †¢ Processes and systems †¢ Resources †¢ Goals †¢ Strategic capabilities †¢ Culture †¢ Technologies †¢ Innovations †¢ Intellectual property †¢ Leadership †¢ Write a 1,400-1,750-word synopsis in which you analyze at least seven of the forces and trends fromRead MoreMidterm Examination: Purchasing and Materials Management1793 Words   |  8 Pagesthat will meet the needs of the use. They must also develop agreements with those suppliers, develop ordering mechanism with the suppliers and ensure payment occurs promptly and determine that the need of the user was met. The key points for a purchasing operation to be effective are: Supply Continuity Managing the sourcing process Develop Supply base management Develop Aligned Goals with internal stakeholders Develop integrated purchasing strategies that support organizational goals and objectiveRead MoreThe Search And Capture Of Customer Value1551 Words   |  7 Pagesmarket is a strategy referred to as customer value capture. The focus that is used by Procter Gamble is one aimed at putting the specific needs of the target market before the immediate needs of the company. In specific terms, according to Baker (2013) the strategy applied here is to forego profits today for the sake of future growth and profitability. The Adopted Marketing Strategy In seeking expansion and growth for the company, Procter Gamble have applied various marketing strategies. One veryRead MoreModels of Organization Diagnosis1660 Words   |  7 Pagesevaluate their strength and weakness. In order to understand these OD models we will need to know what is organizational diagnosis. What is Organizational Diagnosis? This is a strategy implemented by organizations to increase its effectiveness. This involves assessing an organization’s existing levels of performance, to design a suitable change that will achieve the expected performance. In organizational diagnosis, diagnostic activities should centre its focus on 2 main areas: - Subsystem areasRead MoreMarketing, Management And Finance1176 Words   |  5 Pagesdistributing, pricing, and promoting goods, services, and ideas to create exchanges that satisfy individual and organizational goals. Marketing ensures that the products consumers want to buy are available at a price they are willing to pay and that the consumers are provided with information about the product features and availability. Marketing is very important, all organizations of all sizes use it. There are some basic principles to marketing. There is the nature of marketing, the strategies of marketingRead MoreRisk Management And Organizational Change Strategy1451 Words   |  6 PagesWeavetech Risk Management and Organizational Change Strategy Risks. There are many potential risks associated with acquisitions and mergers. According to Allen (2014) risks include â€Å" the miscalculations regarding the scale, scope and change management implications of the integration and the level of assimilation required† to make the transition a success. Another risk is would include the a lack of an adequate or strong communication strategy. Finally, a lack of identification or preparationRead MoreEffective Communication For A Managerial Level1587 Words   |  7 PagesIt is critical to develop communication on a managerial level and to know your target audience; in addition, to determine the appropriate style and format of communicating with the audience. According to the business dictionary, the meaning of effective communication is A two way information sharing process which involves one party sending a message that is easily understood by the receiving party. Effective communication by business managers facilitates info rmation sharing between company employees

Pollution Summary free essay sample

What is Air Pollution? The air we breathe supplies the oxygen that sustains life. Humans need oxygen to survive, and plants and animals need oxygen to survive. Our air supply has become contaminated by human activity. We have created machinery that has produced smog and acid rain. We have created a green house effect and have made holes in our ozone layer. Each of these acts can cause serious health problems for humans and animals, and can cause grave harm to our vegetation and ecosystems. There are seven main types of air pollutants. Raven (2008) describes them as particulate matter, nitrogen oxides, sulfur oxides, hydrocarbons, ozone, air toxics, and carbon oxides. Particulate matter can come from dust, soil, soot, and asbestos Nitrogen oxides come from gasses that are produced by chemical interactions between atmospheric nitrogen and oxygen. Sulfur oxides come from chemical interactions between sulfur and oxygen. Hydrocarbons come from chemical interactions between hydrogen and carbon. We will write a custom essay sample on Pollution Summary or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Ozone comes in two forms; (1) oxygen’s reaction with UV radiation in the stratosphere and, (2) oxygen reaction in the troposphere what creates smog. Air toxics can be radioactive substances, fluorides, and hydrochloric acid, and carbon oxides are carbon monoxide and dioxide. Causes of Air Pollution Chemicals, human sources, and natural sources contribute to air pollution. Air pollution can be traced all the way back to Ancient Roman times. â€Å"Every day, the average person inhales about 20,000 liters of air. Every time we breathe, we risk inhaling dangerous chemicals that have found their way into the air. † (Caroline, David, Michael, Mindy, Neil, and Vikas, 1999, The Environment: A Global Challenge. Air Pollution). Air pollution occurs in the atmosphere and can move easily from one location to another, it is a global concern. Air pollution is a problem both outdoors and inside homes. Chemicals There are seven main types of air pollutants according to a regulatory perspective. These are: particulate matter, nitrogen oxides, sulfur oxides, carbon oxides, hydrocarbons, ozone, and air toxics. Particulate matter is made of thousands of solid and liquid particles hanging in the atmosphere. Solid particulate matter is commonly known as dust; whereas as liquid articulate matter is known as mist. Particulate matter includes the following pollutants: soot, lead, asbestos, soil particles, sea salt, and sulfuric acid droplets. Nitrogen oxides are gases produced as a result of interaction between nitrogen and oxygen involves a supply of energy such as combustion of fuels resulting in high temperatures. Sulfur oxides are gases. These gases are a result of a chemical interaction between sulfur and oxygen. When combined with water, the result is sulfuric acid. Carbon oxides consist of carbon monoxide and carbon dioxide. Carbon monoxide has no color, smell, or taste and is second as an air pollutant only to carbon dioxide. Carbon dioxide is also does not have color, smell, or taste and is a greenhouse gas. Hydrocarbons consist are a varied collection of organic compounds including hydrogen and carbon. Small hydrogen molecules are gaseous at room temperature. Hydrocarbons include methane (colorless and odorless gas principally included in natural gas), benzene (which is a liquid at room temperature), and paraffin (which is a solid at room temperature). Ozone is a form of oxygen that is a pollutant in one area of the atmosphere but essential in another area of the atmosphere. Hazardous air pollutants (HAPS) consist of hundreds of other air pollutants such as chlorine, lead, hydrochloric acid, formaldehyde, radioactive substances, and fluorides. Humans Many chemicals that cause air pollution exist naturally in our world. These chemicals are harmful in both their natural form; however, become even more harmful when burned by humans for fuel, heat, or electricity. The two main causes of air pollutants in urban areas are transportation and fuel combustion from stationary sources. The stationary sources are heating and cooling for buildings and coal-burning power plants. Vehicles such as cars, trains, heavy-duty trucks, and airplanes, produce high amounts of carbon dioxide while fuel combustion produces high amounts of sulfur dioxide. Chlorofluorocarbons (CFCs) â€Å"are man-made compounds that were originally developed in 1930 as a safer alternative to the refrigerants then in use such as sulfur dioxide and ammonia.

Tuesday, May 5, 2020

Oil Price Expectation and Volatility †Free Samples to Students

Question: Discuss about the Oil Price Expectation and Volatility. Answer: Introduction The Organization of Petroleum Exporting Countries (OPEC) is one of the biggest oil exporting nations. In September 1960, OPEC was created in Baghdad by its founding members: Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. Currently, OPEC Membership group consist a total of 14 Member Countries: Algeria, Ecuador, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela. Main objectives of OPEC is to coordinate the petroleum policies of its members, and to provide member states with technical and economic aid. OPEC aims to manage the supply of oil in an effort to set the price of oil on the world market, in order to avoid fluctuations that might affect the economies of both producing and purchasing countries. The oil market sentiment and prices can be strongly affected by all the decisions made by OPEC and how they implement its deal and agreement with other members. OPEC agreement usually consist setting up different level of ceiling for individual members total production and distributed through a quota system. Production ceiling is being adjust and change from time to time based on the latest assessment of world oil market fundamental. However, all members are expected to comply and abide with the agreement once the ceiling is set. It is important for all members to comply with the agreement as the level of compliance can strongly influence the price of crude oil. Hypothetically, the higher level of compliance often resulted in higher crude oil price whereas lower level of compliance usually decrease crude oil price and leads to more volatility. This paper will be divided into four parts: Part One. of the paper will outline the hypothesis at the back of this research analysis. Definition of compliance and formula in how to calculate the rate of compliance will be discussed in Part Two. Part Three. will testify the assumption behind the analysis by analyse compliance level during OPECs production cut. Part Three. is outline possible alternative cause and disprove the cause. Lastly, the result will be given in Part Four. OPEC productions cut drive crude oil price. The compliance rate from all OPEC members and crude oil price have a correlation. The decision of compliance level from all OPEC members have an effect on crude oil price. While compliance level are high, crude oil price are going upward whereas while compliance level are low, crude oil price are facing downward. In order to testify the hypothesis and address the key question How much control does OPEC have over the crude oil price?, we will examine on OPECs members actual production level; production ceiling and compliance rate. Since 1980 until now, OPECs has made a decision on production cut in 2016, 2008, 2001, 1998, and 1970s) (Wurzel, Willard and Ollivaud 2009). However, different time period will have different level of compliance. Figure 1. shown a graph of OPECs total actual production and total production ceiling during the year of 1980 to 2016. According to the graph, we can see the total actual production level is showing a strong upward trend. On the other hand, the total production ceiling is showing a downward trend. As is evident from the above figure, which plots the changes in the nominal price levels of oil and the compliance rate of the countries simultaneously, there is roughly a positive relation between these two variables. The overall nominal price levels of oil is seen to be remaining more or less constant with very moderate fluctuations between 1983 to 1999. The prices however fell a little in the year 2001, with the level consistently rising after that, the levels reaching a striking high in the year 2008 (Colgan 2014). The price however fell drastically in 2009 before rising again from the next period. The rise in nominal price of oil is seen to be consistent till 2013and the price fell moderately in 2014. However, there was a huge shock in the price levels as the price drastically fell in the year 2015 and till the recent times the nominal price level of oil is keeping near this relatively lower level (Key and Villarroel). However, unlike that of the nominal price of oil, which shows substantial fluctuations over time, attributed to different factors playing in the global oil market scenario, including both the OPEC and the Non-OPEC players, the compliance rate, as shown in the above figure, has maintained a rough positive trend with time, barring several exceptions. One of the major drops in the compliance rate in this case, was observed in 2002, which was also accompanied by a decrease in the nominal price of oil during that time. In general, before and after this period, the compliance rate has maintained a more or less steady rise in its trend, the rise being more consistent in the last six to seven years (Griffin and Teece 2016). However, though in a general framework, the two variables, the compliance rate and the nominal price of oil have been seen to be broadly related but there are instances of deviation of the former from the latter in their trends. As can be seen in 2008 and between the time period of 2011 to 2014, the rise in the nominal prices of oil has been higher than the increase in the compliance rate of the OPEC countries. On the other hand, during the years 1993, 1994 and 1995, though the compliance rate of the OPEC countries was rising the nominal price of oil was falling and this trend was observable in few other instances. Thus, it can be seen from the above figure that though in some cases, the compliance rate has been increasing , the nominal price of oil has decreased in the same time span, in general the trend of both the variables are showing roughly an upward movement (Schmidbauer and Rsch 2012). The decision of cutting the production of oil by the OPEC, as discussed above, did have considerable impact on the rise in the nominal prices of oil in the years of 1970, 1998, 2001, 2008 and 2016, did have significant impacts on the nominal prices of oil. However, the changes were not always at par with the dynamics in the compliance rate of the countries. There can be several causal factors which may influence the fluctuations in the dynamics of the two variables, the nominal oil price and the compliance rate, in the instances where they are moving towards the opposite directions. This section of the report tries to analyze the plausible causes of the concerned fluctuations and tries to discuss on the basis of the empirical evidences the feasibility of these factors and their current and future potential to influence the supply and the supply price of oil in the global framework (Hallwood and Sinclair 2016). The international oil market, as has been speculated and analyzed by the speculators and the economists, is currently experiencing huge dynamics due to the entry of new players in the supply side especially. One of the most notable phenomena in this context is the oil revolution which the United States of America, is expected be experiencing. Named as the shale oil revolution, this incident portrays the increase in the production of oil in the country in the recent period, which is not only expected to have implications on the domestic demand, supply and price, but also on the international oil market. According to a considerable section of the speculators and economists, this increase in the production of oil is expected to make the economy of America emerge as one of the game changers in the oil market in the international market (Kilian 2016). There has also been speculations that in the near future (by 2020) the United States of America will surpass the productions of even Russia and Saudi Arabia and will emerge as the biggest oil producer in the world and by the end of 2030 it will even become self-sufficient and sustaining in terms of energy resources. This is mainly due to the presence of the huge amount of unused oil reserve in the country. This expected increase in the supply of oil is also anticipated to have implications on the supply of oil in the global markets. The projected increase of the oil production from being 1 million per day in 2012 to about 2 million of barrels per day by the end of 2020, if actually happens in reality, is expected to effect the oil prices in the international market as the increase in the supply is expected to bring down the oil prices. This trend is to some extent observed in the falling levels of nominal prices in between the period of 2015 to 2017, when the compliance rate was surprisingly seen to be high (M?nescu and Nuo 2015). However, as per the recent research and the empirical evidences, the recent phenomenon of divergence of the rising compliance rate, in the global oil market, cannot be robustly explained by the increase in the production of oil in the United States of America, as can be seen from the following figure: As can be seen from the above figure, the increase in the shale oil has been to the extent of 1.27 from 1, between the period of 2012 to 2016. This in the near future is expected to increase to 2 (by 2020) and 3 by (2025), which after that is projected to remain at that level till 2030. If seen from the perspective of the contribution of the country in the global oil supply in the recent period, it can be seen that the country has only contribute d 1% of the global oil supply till 2016. By the year 2020, this is expected to reach to the level of 2% and to 3% by the end of 2025. There is no increase in the percentage of the same that has been projected in the above figure. By 2030, the percentage is expected to be only 3%, which is evidently nominal in the face of the consistently rising demand for oil in the international scenario, both in the current and in the coming periods. Thus, from the above figure, it is evident that though the shell oil revolution is being considered by many economists as one of the game changing supply side phenomenon in the global oil market, it does not show the potential make the USA the primary oil producing country in the world in the near future period, at least till 2030. This is turn indicates that the nominal contribution of the country in the global oil supply cannot be the primary reason behind time and again diverging trends of the compliance rate and the nominal oil price in the global market (Aguilera and Radetzki 2013). Changes in the structure of demand: There has been the development of a notion that with the increase in the innovations and transformation in the renewable energy industry, more and more options are evolving, which can potentially be substitutes for the oil usage in the international market. With the alternative sources coming up and the concerns regarding the adverse effects of the extensive usages of the fossil fuels on the overall environmental conditions of the world and the deterioration of the overall quality of life, is expected to decrease the demand for crude oil and other fossil fuels more and more in the coming years. The countries are also expected to take steps towards improvising and transforming their energy sector such that in future the global energy scenario become more sustainable and the problem of global warming can be averted (?osi?, Kraja?i? and Dui? 2012). These measures, if actually get effectively implemented by the countries and if the world is actually moving owards sustainable energy production and consumption to considerable extent, then as a result of that the demand for the crude oil in the international market is expected to decrease considerably and consistently with time. This in its turn, if true, is expected to have implications on the price levels of the global crude oil and if this assertion is true then much of the unexplained diversions between the rising compliance rate and the falling oil prices in the current period can be explained. However, the figures and data evidences does not provide robust support to the above expected outcome: The above figure shows that the supply as well as the demand for crude oil has been more or less increasing consistently from the year 2012 till the recent period, barring several exceptions. The demand for oil, thus, can be seen to be maintaining an increasing trend in spite of the fact that the countries are moving towards making renewable and eco-friendly energy resources more usable and potential substitute for the non-renewable oil and fossil fuels. Thus, it can be seen that many economists and strategists suggest that in the current period as well as in the coming future, the sustainable energy resources and their proper implementation are expected to pose as potential replacement for oil and fossil fuel. This in turn is expected to be decreasing the demand for the latter and lowering the price of the same in the global market. However, the current empirical and data evidences are not in favor of this assertion. Conversely, the trends in the demand as well as the supply dynamics in the international oil market shows that in the current as well as in the near future the demand is not expected to fall considerably. From the above discussion it is therefore, evident that the changes in the demand structure and preference pattern in the international oil market, though can be one of the rising events in the international scenario, is not one of the primary causes behind the fluctuations in the dynamics of the compliance rate and the nominal prices of oils (Atabani 2012). The prices of oil are heavily influenced by the supply and demand of the same in the global market, which in turn is subjected to the political instability, economic and social unrest and war situations in different economies, especially in the OPEC countries. In this context, the constant political and social unrest in the Middle Eastern countries are expected to have implications on the demand and supply of oil in the global framework. On one hand, where the unrest decreases the supply of oil, it also decreases the demand for oil on part of the international citizens from these countries as the consumers become unsure of the reliability of these producers. Thus, the fall in the demand can lead to a drastic fall in the prices of crude oil. However, these unrests are temporary by nature and though they do have effects on the global dynamics on oil prices and make fluctuations in the same, this can be considered temporary cause and not one with long term implications on the price levels of the crude oil in global scenario (Baffes et al. 2015). Thus, it can be asserted from the above discussion that the above factors, though may have small and short-term effects on the oil prices and may cause temporary deviations in the oil prices from the compliance rate, these are not considered to be primary causal factors. The regulatory decisions of OPEC have significant implications on the price levels of oil as can be seen from the effects of the decision of production cut of the OPEC on the contemporary oil price dynamics. References Wurzel, E., Willard, L. and Ollivaud, P., 2009. Recent oil price movements: forces and policy issues.OECD Economic Department Working Papers, (737), p.0_1. Colgan, J.D., 2014. The emperor has no clothes: The limits of OPEC in the global oil market.International Organization,68(3), pp.599-632. Key, R. and Villarroel, C., Domestic impact of production cuts in OPEC countries: The cases of Nigeria and Venezuela. Griffin, J.M. and Teece, D.J., 2016.OPEC behaviour and world oil prices. Routledge. Schmidbauer, H. and Rsch, A., 2012. OPEC news announcements: Effects on oil price expectation and volatility.Energy Economics,34(5), pp.1656-1663. Hallwood, P. and Sinclair, S., 2016.Oil, debt and development: OPEC in the Third World. Routledge. Kilian, L., 2016. The impact of the shale oil revolution on US oil and gasoline prices.Review of Environmental Economics and Policy,10(2), pp.185-205. M?nescu, C.B. and Nuo, G., 2015. Quantitative effects of the shale oil revolution.Energy Policy,86, pp.855-866. Aguilera, R.F. and Radetzki, M., 2013. Shale gas and oil: fundamentally changing global energy markets.Oil and Gas Journal,111(12), pp.54-61. ?osi?, B., Kraja?i?, G. and Dui?, N., 2012. A 100% renewable energy system in the year 2050: The case of Macedonia.Energy,48(1), pp.80-87. Atabani, A.E., Silitonga, A.S., Badruddin, I.A., Mahlia, T.M.I., Masjuki, H.H. and Mekhilef, S., 2012. A comprehensive review on biodiesel as an alternative energy resource and its characteristics.Renewable and sustainable energy reviews,16(4), pp.2070-2093. Baffes, J., Kose, M.A., Ohnsorge, F. and Stocker, M., 2015. The great plunge in oil prices: Causes, consequences, and policy responses.