Wednesday, July 31, 2019

Organization and Leadership Analysis Essay

The Company chosen for this analysis is Cummins Inc. and I am confident the description that follows will give a better understanding of the organization for any third party considering a career with this organization. Clessie Lyle Cummins built his first steam engine in rural Indiana with the backing of banker William G. Irwin in the year 1919. These men together built the first company that would take advantage of the technology developed by the German Engineer Rudolf Diesel in the late 1880’s. From that early beginning thru today Cummins Inc. has been a world leader in Diesel power engines and service products with sales and service locations in 197 countries and gross sales of over nineteen billion dollars  in 2015 (Cruikshank, 1997). I have Chosen Ericka Rodriguez Eastern Distribution Center Site Material’s Leader for this analysis. I chose both the company and one of its leaders as they have carved a niche for themselves in the field of diesel technologies and s ervice products. It has been an inspiration to learn from the leader ship style portrayed by Ms. Rodriguez. Organization Description The Company chosen for this analysis is Cummins Inc. and I am confident the description that follows will give a better understanding of the organization for any third party considering a career with this organization. Clessie Lyle Cummins built his first steam engine in rural Indiana with the backing of banker William G. Irwin in the year 1919. These men together built the first company that would take advantage of the technology developed by the German Engineer Rudolf Diesel in the late 1880’s. From that early beginning thru today Cummins Inc. has been a world leader in Diesel power engines and service products with sales and service locations in 197 countries and gross sales of over nineteen billion dollars in 2015 (Cruikshank, 1997). I have Chosen Ericka Rodriguez Eastern Distribution Center Site Material’s Leader for this analysis. I chose both the company and one of its leaders as they have carved a niche for themselves in the field of diesel technologies and serv ice products. It has been an inspiration to learn from the leader ship style portrayed by Ms. Rodriguez. Organization Description Cummins Inc. was founded over ninety years ago with a vision of revolutionizing the concept of how diesel power was produced and serviced. This organization has been the global leader in diesel technologies and services for over 75 years and its products have been emulated by several other global companies. These advances were only achieved by the whole hearted dedication of its workforce. The customers and stakeholders show immense support of Cummins Inc. and it is because of their belief that Cummins Inc. is the leading enterprise in the diesel technology and service ecosystem. Customer are now able to obtain the power needed in the quantities needed over a variety of business fields. They have facilitated the process of selling and servicing there markets ensuring the success of  the company for years to come. Cummins Inc. has three overarching business objectives: 1.) Achieve Financial target over the quarters. To succeed and grow into the future, we must demonstrate performance by consistently meeting or succeeding our financial targets. 2.) Be the first choice of customers. Cummins success depends solely on our customers. As we succeed in our ability to help them, they will view Cummins as a partner in their success and we will then become their first choice in our competitive market place. 3.) Be a great place to work. The ability of Cummins Inc. to achieve these objectives is based on our workforce. Cummins Inc. must be able to attract, develop and retain the skills need to pursue the first two objectives (Hanafee, 2011). Aspiring to fulfill their objectives helped Cummins Inc. maintain its position in the diesel power and service market and over time ensuring its success. The commitment to customers, communities, and partners they serve, and the employees with diverse employment cult ure has positioned Cummins Inc. to maintain that global first choice power leader status. Leadership Practices I interpret Ms. Rodriguez leadership style as situational, she is skilled at mentoring individuals, sharing her vision, and motivating her employees. She has portrayed situational leadership style and this can be rationalized from the following three examples: 1.) Coaching – Ms. Rodriguez has portrayed this attribute, and has successfully been able to lead her group in achieving the strategic objectives of the organization. She coaches her employees by providing detailed instructions while encouraging her subordinates, requesting feedback and explaining the decision making process to them. She gives specific feedback to all individuals on their metrics and how there metrics can be achieved to meet overall organizational objectives and goals. Situational leaders reduce their involvement in daily activities as the dynamics of her group changes and matures. Ms. Rodriquez gives her people the freedom to do their work. The most productive work can be accomplished by people given th e space needed and are entrusted by the organization to be of the highest quality. Ms. Rodriquez is a leader of the highest integrity, though she is portrays a situational leader she does not change her approach to take advantage of the situation. She is seen to adapt to the is most appropriate practice after considering factors such as level  of maturity, organizational structure and culture, and the business metrics. She works with integrity and is not motivated by a desire to capitalize on a weakness of her team or organization 2.) Flexibility- The fundamental nature of a situational leader is to move their style in the business environment of an organization and encourage the thoughts of innovative employees. Ms. Rodriguez is more adaptable to the various changes that occur and welcomes innovation in her group. Rather than abiding by the typical views of a leader and not adapting to change. She is a risk taker and seems to enjoy the freshest concepts brought to her attention. She faces many challenges but still enjoys her work and the people who work for her. The people who work for her are likely influenced by her nature and work ethic and will mirror this behavior and expectations in their own work. 3.) Courage- Ms. Rodriguez as a situational leader is never afraid to take on new challenges because of the fear of incurring losses. She portrays a clear vision and takes complete charge of where and how the team is moving forward. She takes it upon herself to mentor, lead, delegate responsibilities to employees on a personal level and have each person accountable for their metric within the organization. This leadership style allows her to determine and embrace most behaviors and strategies to get the goal achieved. Her projects humility at various levels and as a key leader does not claim to have all the answers. She encourages participation of all level of employees and makes sure that her group has ample scope of engagement and remains close with them. The above mentioned attributes lead me to conclude that she is a true leader, and because of this leadership many employees at different sites across Cummins Inc. would like to work here. Ms. Rodriguez treats her employees as family. Cummins Inc. offers diverse career opportunities for people to enhance their skills and ensure growth not only for the company but employees as well. She recognizes that investing in vast amount of resources for overall development for her work force will only enhance the employee experience as a whole. This spirt of family acknowledges that she has the full support of her team which ensures good will amongst her them Relationship Between Leadership and Organizational Culture A leader’s beliefs and values shape the culture of any organization. Talented people from around the world come to work at Cummins Inc. because of the diversity it represents. The opportunity to eclipse other companies in an atmosphere that has numerous opportunities, a fast pace, and leaders that motivate, inspire and invent new technologies. Cummins Inc. offers uncommon career advancement opportunities regardless of the ethics, gender, and race. Employees chosen to work from Cummins Inc. are results oriented, entrepreneurial and independent. . People do not join a company simple on the brand name it offers, it is the culture and atmosphere that binds the work place together. People thrive under the growth, guidance and opportunities that an organization provides. Each employee wants to connect with an organization that facilitates, engages, and cares for its employees and their families. It is impossible to invest employee time and energy to the best interests of the organization without proper support to their families. Cummins rewards exceptional performance are direct results of exemplary employees and customer success. Ms. Rodriguez is always encouraging first class performance from her group and helps them understand the value of the hard work. She redirects her groups work when necessary to make sure the work is aligned with the company culture and strategy for long the term health of Cummins Inc. SWOT Analysis SWOT analysis is a strategic planning tool used to evaluate the strengths, weaknesses, opportunities, and threats revolving around a corporation. This analysis involves determining the objective of the corporation and identifying the internal and external environmental factors expected to benefit or burden the achievement of company objectives. After the business identifies that objective a SWOT analysis is performed to examine the strengths and weaknesses(Internal factors) and then considers the opportunities posed by business conditions(external factors) By identifying the company strengths, a company will be better able to think of strategies that will take advantage of new opportunities. Identifying current weaknesses and the threats, a company will be able to identify changes needed to improve and protect its current operations. Organizational Strengths The strengths identified for Cummins are summarized in that they are a market leader for diesel technologies and products? One of the most important strength is that the company has a strong and loyal customer base across the globe. Its ability to reach around the globe with its master and regional distribution centers is clearly an advantage against their competitors. A second important strength is the yearly improvements made in the research in new diesel technologies. I emphasize yearly because competitors can take multiple years to produce results that Cummins Inc. routinely makes year over year. Lastly Cummins Inc. financial stability and security is a major strength. The company consistently maintains market position, financial disciplines and operational strengths to contend with cyclical nature of its business. The Financial Stability of Cummins Inc. is a key strength of this organization with Moody’s assigning an A2 rating. Moody’s determined that Cummins will maintain its market status, operational durability, and the financial self-restraint necessary to deal with the substantial cyclical nature of its business. Cummins Inc. recognizes that the cyclicality in the market it serves and maintains a high degree of financial discipline that is characterized my low levels of debt and a healthy liquidity profile (Park, 2014). Organizational Weaknesses Weaknesses that have been identified at Cummins Inc. are the weak profit margins on Diesel engine filters. A low profit margin will leave little room for them to lower their selling prices. Which is sometimes necessary to gain a competitive edge against competitors. A low margin means little funds available for profits and expenses. Reducing your selling price without a corresponding and proportionate reduction in the cost of goods sold will further reduce the funds available for expenses and profits. The biggest disadvantage for Cummins Inc. is that of a low profit margin is poor operational efficiency. Profit margins are lower than the industry average are indicative of a need to improve performance. The lack of improvement results in a lower level lower than would normally be attainable. Heavy dependence on a few suppliers is also another weakness with the Cummins Inc., strategy. The supplier will have the opportunity to take advantage of the company. When they are at the opportune time they may drive up prices because they understand that they are the supplier of choice at Cummins Inc.  even though they are contracted to do otherwise. Cummins will also be vulnerable to losing company technologies and research because suppliers are part of that information flow during the development process. Lastly a significant disadvantage is the supplier capable of meeting the future capacity of the company. Suppliers may withhold this information until product launch and once the launch of the new product is complete there may become capacity constraints with their production lines. Organizational Opportunities With the Cummins product Market environment consistently changing due to continuous improved product offerings need to adapt and change to what the customer wants. To be able to maintain the growth and profits of the business it is of vital importance to safeguard and diversify its product range. Possible opportunities to explore are capitalizing on the growth and expansion of diesel technologies. Product growth in this area can be a key imitative. Cummins takes the lead with these technologies. Cummins should also be able to, because of significant capital reserves, undergo strategic acquisitions and synergies, for example overseas dealerships that are privately owned and also undertake strategic alliance with competitors like Parker-Racor Corp for an interdependency that will cater to a wider consumer base. Organizational Threats The outlook for Cummins still looks positive but there are also are threats to the business that need monitored and/or addressed. China has enjoyed rapid growth for the past few years but is has been noted that diesel trucks purchased in China are down ten percent. China is the second largest market behind the United States in sales and any prolonged sales weakness there would have a large impact on Cummins Yearly performance. Secondly, with the long term in mind, emerging technologies in artificial intelligence could pose another threat. Self driven vehicles may possess a significant long term danger to Cummins. While this seems far off, one has to consider the limitations of human driven trucks. Simply put is that automating a truck fleet would put less trucks on the road because you would not have down time as you do now with humans. Leadership Evaluation My choice for the Leadership Evaluation is situational leadership theory, it is representative of the leadership form characterized by Ericka Rodriguez for her organization. It is pertinent from this background characterization and can be attributed to its overall success of the leadership qualities she exhibits. Leadership Strengths The scholarly sources that I have chosen are listed below: 1. Blanchard, K. (2010). Leading At A Higher Level. Upper Saddle River, NJ: Blanchard Management Corporation. 2. Hanafee, S. (2011). Red, black and global: The transformation of Cummins, 1995-2010. Columbus, IN: Cummins. 3. Winkler, I. (2009). Contemporary Leadership Theories Enhancing the Understanding of the Complexity, Subjectivity and Dynamic of Leadership. Heidelberg: Physica-Verlag Heidelberg. Cummins Inc. is prospering by becoming the leading diesel engine builder and service provider in addition to maximizing its workforce and develop world class business leaders. Under Ms. Rodriguez the Eastern Distribution Center has grown from a regional parts Distribution center to a facility services the globe. She exhibits situational leadership style and are justified from the following instances; 1.) Coaching, participating, directing- Ms. Rodriguez has portrayed these attributes, and still successfully directs all her employees into achieving the strategic goals of Cummins Inc. She coaches, encourages, inputs solicitation, and explains why she has made certain decisions. She gives out specific instructions about what the objectives are and how the goals are achieved. As a situational leader Ms. Rodriquez gradually reduces her involvement in the day to day activities of her employees. She works with the highest integrity and never appears motivated by a desire to capitalize on the weaknesses of the team or Cummins Inc. She gives her employees the freedom to do their work to the best of their abilities. She does not change her approach to merely take advantage of the situation as she visualizes it but rather to take advantage by adapting to how the employees  visualizes and coaching accordingly(Winkler, 2009). 2.) Flexibility- A fundamental nature of a situational leader is to be able to flow with the changes in the environment of an organization and encourages thoughts from different people. These are the people who take risk. They enjoy new concepts, take challenges and enjoy their chosen profession. Employees enjoy working under Ms. Rodriguez. These employees are more than likely influenced by her working style (Blanchard, 2010). 3.) Ms. Rodriguez consistently encourages improvement of performance in her group and helps them to better understand the value of hard work and consistently motivates them to direct their work towards the strategies of the organization with humility and grace. Leadership Weaknesses Leadership: Situational leadership style exhibited by MS Rodriguez has certain perceived weaknesses. The Situational leadership style may be exhibited as a management technique instead of a leadership style. A vision of a manager maybe limited but a leader has a broad vision. This is a drawback that Ms. Rodriquez on occasion portrays a lack of long-term vision. The lack of vision has allowed competitors to capitalize in servicing our customers. Awareness: Ms. Rodriquez is a situational leader who can be manipulative. She fails to understand the perception of her employees. This perception may lead to the employees considering Ms. Rodriquez as a dictator. This form of leadership is unacceptable in the company culture of Cummins Inc. This will reduce the credibility and trust of the employees towards Ms. Rodriguez. It will be to her benefit if she is more transparent towards her employees (Hanafee, 2011). External factors: The decision making of Ms. Rodriguez may be affected by certain external factors. A situational leader is successful if they take into consideration external factors. There is a fair chance that there will change be in the situation with a change in leadership. It is the capability of the leader to adapt to this change and then adapt to these new circumstances. This capability is lacking in Ms. Rodriquez. Recommendations for Leadership Development I would suggest the use of situational leadership projected by Ericka Rodriquez, Eastern Distribution Center Site Materials Leader, on the fact that under her leadership productivity and employees moral has increased immensely since her hiring. I respect her strategies and completely take into account the knowledge that I have learned in the process of completing this assignment. The knowledge that I have attained can be summarized as follows- 1.) Delegation: Ms. Rodriquez is a considerate leader. Her decision making style is seasoned. She is a flexible leader but on occasion lacks the broad visions necessary to be a complete leader. A broad vision is essential to maintaining a business that is organized and efficient. Engaging with employees is also crucial for the essential for the continued success of Cummins Inc. This organization must work as a team. 2.) Ms. Rodriquez should adopt different styles of leadership according to the requirement. She must be able to provide confidence to the employees in times when Cummins Inc. is not attaining its organizational goals. Her employees will find confidence in these situations if she addresses these situations effectively. The will build and maintain a positive mental feeling (Northouse, 2013). 3.) Ms. Rodriquez leadership style must maintain an open commutatively rather than portrayed as a dictator. Situational leaders have a tendency to be manipulative. Ms. Rodriquez must reduce her dictatorship and take into consideration employees ideas. This will help keep her employees motivated (Brackett, 2011). These strategies of situational leadership are implemented will ensure the viability and sustainability of the Eastern Distribution Center for Cummins Inc. References Bass, B. M., Bass, R., & Bass, B. M. (2008). The Bass handbook of leadership: Theory, research, and managerial applications. Blanchard, K. (2010). Leading At A Higher Level. Upper Saddle River, NJ: Blanchard Management Corporation. Blanchard, K. H., Zigarmi, P., & Zigarmi, D. (1985). Leadership and the one minute manager: Increasing effectiveness through situational leadership. New York: Morrow. Brackett, M. A., Rivers, S. E., & Salovey, P. (2011). Emotional intelligence: Implications for personal, social, academic, and workplace success. Social & Personality Psychology Compass, 5(1), 88-103. Connolly, R., Pico, M., Henderson, K., Bodine, T., & Blankenship, S. (2012). Strategies for success. Training, 49(4), 48-52 Cruikshank, J. L., & Sicilia, D. B. (1997). The engine that could: Seventy-five years of values-driven change at Cummins Engine Company. Boston: Harvard Business School Press. Darling, J. L. (2011). The key for effective stress management: Importance of responsive leadership in organizational development. Organization Development Journal, 29(1), 9-26. Graeff, C. L. (1983, April 1). The Situational Leadership Theory: A Critical View. Retrieved March 9, 2015, from http://amr.aom.org/content/8/2/285.short GURUFOCUS. (2014, December 14th). Cummins Inc Financial Strength Rank. Retrieved March 8, 2015, from http%3A%2F%2Fwww.gurufocus.com%2Fterm%2Frank_balancesheet%2FCMI%2FFinancial%252BStrength%2FCummins%252Binc Hanafee, S. (2011). Red, black and global: The transformation of Cummins, 1995-2010. Columbus, IN: Cummins. Hargis, M. (2011). Developing leaders: Examining the role of transactional and transformational leadership across business contexts. Organization Development Journal, 29(3), 51-66. Lanz, K. (2013 ). The art of self-awareness. Training Journal, 65-69. Momeni, N. (2009). The relation between managers’ emotional intelligence and the organizational climate they create. Public Personnel Management, 38(2), 35-48. Northouse, P. G. (2013). Leadership: Theory and Practice Sixth Edition. Thousand Oaks, CA: Sage. Nyman, M., & Thach, L. (2013). Coaching as a new leadership development option. Supervision, 74(2), 23-26. Park, J. B., & Jankowits, R. P. (2014, December 8). Moody’s raises Cummins’ rating to A2; outlook is stable. Retrieved March 8, 2015, from https%3A%2F%2Fwww.moodys.com%2Fresearch%2FMoodys-raises-Cummins-rating-to-A2-outlook-is-stable–PR_313739. Rooke, D. R. (2005). 7 Transformations of leadership. Harvard Business Review, 83(4), 66-76. Winkler, I. (2009). Contemporary Leadership Theories Enhancing the Understanding of the Complexity, Subjectivity and Dynamic of Leadership. Heidelberg: Physica-Verlag Heidelberg. Zenger, J. (2013). Developing lea ders. Leadership Excellence, 30(8), 24.

Tuesday, July 30, 2019

Abnormal psychology/depression Essay

Serotonin – A neurotransmitter involved in mood, sleep, appetite, and impulsive and aggressive behaviour. Definitions taken from www. allpsyc. com/dictionary If a person’s serotonin is too low it then results in depression. All three neurotransmitters must work together on an even level in order for the brain to function properly. It has been proven through autopsy results that low serotonin is apparent in a depressed person. However, this does not prove weather depression causes the serotonin level to drop or if low serotonin causes depression. Sigmund Freud described depression as a human response to loss. The psychodynamic approach to depression explains that the feelings of an adult reflect on the experiences of a child. If for example a child suffers the loss of their mother during childhood, this results in adult depression. Freud also argued that depression relates to early relationships with parents. Hostile feelings towards the parents are redirected towards the self resulting in hatred of the self. Feelings of depression can arise from lack of affection and love during childhood. Trauma of a child re-emerges in adulthood in the form of depression. According to Freud, the conscious and unconscious parts of the mind can come into conflict with one another, producing phenomena called repression (a state where you are unaware of having certain troubling motives, wishes or desires but they influence you negatively just the same). In general, psychodynamic theories suggest that a person must successfully resolve early developmental conflict in order to overcome repression and achieve mental health. Mental illness, on the other hand, is a failure to resolve these conflicts. Abraham in 1911 suggested that depression was the result of the anger felt towards a rejected loved one. The psychodynamic approach to depression is supported by the point that childhood loss predicts later vulnerability to depression. A cognitive approach to depression, suggest that depression is a state of mind. A person becomes depressed because of the way they think and feel. Cognitive – behaviour theory is different to that of Seligman and Abramson’s ‘hopelessness theory’ which suggests that people learn from childhood that they are powerless to control what becomes of them, as a result adults become passive and helpless. Beck in 1991 developed the cognitive – behavioural theory of depression. He argued that depression stems from negative thinking. â€Å"Depressed people suffer from a cognitive triad of negative beliefs about themselves, their future and their past experiences. † Giles B (2002:108) A cognitive triad of negative thinking: A negative view of the self A negative view of the world A negative view of the future Beck suggested that people who are prone to depression have developed a ‘self-critical’ and negative way of thinking and feeling towards themselves. Beck believes that negative thinking starts in childhood and is a result of been brought up by critical negative parents with whom the child identifies. Beck suggested that as a result of these early experiences the child develops into adulthood with a negative self schema. Both cognitive and psychodynamic approaches to depression suggest the childhood experience is the route of depression. Freud’s theory suggests that depression is a result of the loss of a mother or perhaps a negative upbringing, Beck suggested almost the same as he suggested that a negative family encourages a person to become depressed. Both theories’ hold the majority of responsibility on the upbringing of a child. However, if this as the case, all children in negative households would then become depressed. Freud’s research on depression was limited due to the year of study. At the time in history it was the norm for a family to be cared for by the mother. This is not always the case in today’s society, given this would children having suffered the loss of a father also suffer depression in adulthood. Biological theories do appear to have an influence on depression. Twin studies and family studies do demonstrate likelihood that depression is genetic. However, genes alone do not cause depression; if this was the case then every child born into a depressive family would there for become depressed. This suggests that depression does have a link with genetics but it also needs other aspects to initiate depression. Beck’s theory of depression has it’s strengths as it is supported by a large amount of research indicating that depression is in fact influenced by negative thinking. However, is negative thinking the cause of depression or is it depression that causes a person to think negatively? If depression causes a person to think negatively is it then that depression is a result of chemical conflict? Serotonin levels must remain on an even level to enable a person’s mood to stay stable. Serotonin levels drop in that of a depressed person. Yet it is unknown whether a low serotonin level causes depression or weather depression causes a low serotonin level. It remains unknown weather depression is in fact a result of biological factors or psychological factors. Each person suffers from depression in their own way. There is evidence to suggest that depression runs in families, but a family free from depression can have a depressed person amongst them. A happy family home, with two loving parents can also have a depressed child. In conclusion to this assignment, what causes depression? Given the research , evidence and the limitations of the theories surrounding depression it becomes fair to say that depression holds many reasons and is not only influenced by one factor and can in fact be a result of many. BIBLOGRAPHY M Birchwood & C Jackson (2001) CLINICAL PSYCHOLOGY modular course schizophrenia East Sussex Psychology Press M Cardwell et al (2001) PSYCHOLOGY for A2 Level Hammersmith HarperCollins Publishers Limited J Cullberg (2006) PSYCHOSES An integrated perspective London Routledge C Frith & E Johnstone (2003) SCHIZOPHRENIA a very short introduction London Oxford University Press B Giles (2002) ABNORMAL PSYCHOLGY Rochester Grange Books plc R Gross (2001) PSYCHOLOGY The science of mind and behaviour London Hodder and Stoughton. S Moore (2002) SOCIAL WELFARE ALIVE third edition Cheltenham Nelson Thornes Ltd www. abnormalpsy. org/disorderlinks/depression 20/03/2008 www. bbc. co. uk/health/conditions/depression1. shtml 20/03/2008 www. bupa. co. uk/ 20/03/2008 www. clinical-depression. co. uk 22/03/2008 www. depressionalliance. org 22/03/2008 www. depression-therapist. co. uk 20/03/2008 www. fightingdepression. co. uk 20/03/2008 www. mind. org. uk 22/03/2008 www. mentalhealth. org. uk 22/03/2008 www. mentalhealthproject. com/ 20/03/2008 www.nhsdirect. nhs. uk/article 20/03/2008 www. overcomedepression. co. uk 22/03/2008. REFERENCE M Cardwell et al (2001) PSYCHOLOGY for A2 Level Hammersmith HarperCollins Publishers Limited J Cullberg (2006) PSYCHOSES An integrated perspective London Routledge B Giles (2002) ABNORMAL PSYCHOLGY Rochester Grange Books plc www. abnormalpsy. org/disorderlinks/depression 20/03/2008 www. bbc. co. uk/health/conditions/depression1. shtml 20/03/2008 www. fightingdepression. co. uk 20/03/2008 www. nhsdirect. nhs. uk/article 20/03/2008.

Monday, July 29, 2019

Inventory Management and Logistics Control at Pfizer Research Paper

Inventory Management and Logistics Control at Pfizer - Research Paper Example   Pfizer has an effective supply chain system to reach even the remote corners of the world. Pfizer is currently implementing a new supply chain management strategy all over the world. Instead of increasing internal networks, Pfizer is currently trying to reduce it. However, this strategy doesn’t mean that Pfizer’s logistics operations are causing problems to it. Pfizer is trying to reduce its own internal networks; at the same time, it increases its cooperation with local partners to maintain better records in logistics operations. It should be noted that globalization brought many changes in business management principles. Since Pfizer is operating globally, it needs the cooperation of the domestic partners to operate successfully in overseas countries. Since local partners have better knowledge about the local markets, it is better for Pfizer to give the responsibility of supply chain operations to local partners instead of doing it in its own ways. Pfizer is an Am erican company which knows American business climate, culture and environment properly. However, same thing cannot be said about Pfizer in other countries. For example, being the most heavily populated countries in the world; India and China are huge markets for Pfizer. It is impossible for Pfizer to manage supply chain operations in these countries using its own capabilities. Since these markets are extremely diverse geographically and culturally, Pfizer needs the support from local partners to maintain good inventory all the time.  

Sunday, July 28, 2019

While the Budget factored in a decline in Australias terms of trade, Essay - 1

While the Budget factored in a decline in Australias terms of trade, the fall in global commodity prices over recent months has been larger than anticipated - Essay Example The recent natural disasters in Australia, Japan and New Zealand also reduce Australia’s economic growth in early 2011. Combined, these natural disasters detracted around 75%of a percentage point from Australia’s economic growth in 2010-11, the real GDP contracted in the March quarter of that year. While it take many years for the affected communities to recover from these tragic events, the negative impacts on Australia’s economic growth was great, with the resumption of activity and commencement of reconstruction that added to real GDP growth from 2011-12. There have been major changes in term of both structure and trend in Australian trade. Structural change has been going on from as far as 19th centuries and it is not new to anyone. It is one of the ongoing features of Australian economies. In the past years one of the most common changes is that of the service sector, which has accounted for a steadily increasing share of both output and employment. In the early years of 1950s more than of the Australian workforce were employed in the service sector, currently the rate stood at over 75% and the trend seems to be increasing. On the contrary the workforce working in both manufacturing and agricultural sector has steadily

Persuasive Writing Folio 1250 words 30% Essay Example | Topics and Well Written Essays - 1250 words

Persuasive Writing Folio 1250 words 30% - Essay Example I am really excited and honored to proclaim that, the establishment of the hospital in the city. The reasons for constructing this hospital nearby to your town is to give you ease in a framework include all aspects of your life. This hospital offers not only the most basic requirements but it also offers many advanced services and operation facilities as well. This hospital will play an important role in serving the residents of the city in a better way and preventing us from different diseases as well. This hospital will also help in reducing the dependency on other hospitals in the city like Bush hospital and Bendalong Regional hospital. Therefore, it will help you all as you do not have to go too far, plus you do not have to wait for such a long time as the volume of customers will reduce from these hospitals as well. So, with fewer patients it will also help in improving the efficiency and giving more time to patients. I have seen and identified the problem of different patients waiting for their turn at other hospitals in the city and with too much workload; I felt that the doctors were not happily serving each and every patients. Same was the case observed with the support staff. Thus, considering this situation I planned to give a gift to the residents of Bilby by establishing another hospital and after discussion with the ministry and with the efforts of residents of Bilby, today we are have been able to accomplish our dream. The hospital will not only be serving the residents of Bilby but people from different cities and states will also be allowed and encouraged to avail the services of the hospital. In addition to this, the hospital will be helpful in creating more jobs for the residents. Moreover, with better healthcare facilities in the country, it will also encourage other investors to invest in the city and thus the city may see more ventures in near future. In the end I am again inclined to give credit to all of you to be here with me and I am a lso thankful to all of those people who have given their assistance at each stage of this project. Persuasive Writing Plan for Bilby Land Care Pro-environment Campaign 1. Analysing the situation and defining the problems and opportunities you face Situation Analysis: Bilby Land Care group wants to promote the concept of environment preservation and oppose the construction of hospital at the grasslands / graveyard location. The grasslands / graveyard location cannot be used for the construction of hospital as environment is sensitive and it is important to preserve environment and greenery as increasing population growth has negatively affected the overall environment. The grasslands / graveyard location provide support to the growth of grass and other greenery along with orchids which otherwise are extinct in the region. Apart from this it is also essential to preserve and protect the ecological systems and elements which reflects and shows the overall Australian environment and the local species. The graveyard and wetlands provide feasible environment and circumstances for the growth of grass-fog which is also extinct. 2. Outlining your purpose or objectives describing how you intend to measure whether or not these objectives have been reached Purpose: To inform and persuade the members of the Bilby Land Care g

Saturday, July 27, 2019

Analysis of Argentina Economic Recovery Research Paper

Analysis of Argentina Economic Recovery - Research Paper Example Resent observation made by IMF indicates that Argentina has been able to recovery from financial recession. This essay analyses Argentina’s managed floating exchange rate regime from the recovery of economic crisis to the Present. Economists have mentioned many factors that contributed to Argentina financial turmoil. Some economists have cited Argentina economic policies as a factor that contributed to financial recession (Hornbeck). Analysts have claimed that IMF had questionable policy advice and lending to Argentina because it overlooked risks that Argentina was likely to face (Saxton). It is apparent that numerous lending programs that international community gave to Argentina during the recession aggravated the problem. Economists believe that fiscal policies of Argentina plunged it into the financial crisis. Research indicates that Argentina had been using fiscal largesse to counter economic problems. In this case, Argentina printed currency to cover its monetary shortfa lls or applied other creative methods to expand its money supply. This policy led to indebtedness and high inflation. Argentina adopted convertibility fiscal policy, which controlled exchange rate against the American dollar. Research indicates that the policy worked well until 1995 when Argentina economic policies could not protect the country from economic depression (Akkerman & Teunissen). Analysts have argued that convertibility fiscal policy failed because the plan lacked thresholds required to contain convertibility plan at national and provision levels. Research indicates that Argentina’s debts grew from 30% to 60% (Saxton). The debt figures show records collected from 1995 to 2001. These changes led to overvaluation of Argentina’s currency, which affected Argentina’s competiveness in the world market due to reduction in its ability to export, which further plunged public revenue. With a strengthening dollar fiscal balances of Argentina deteriorated givin g room for regional trading countries a trading opportunity over Argentina. Commodity prices fell accelerating a fall in public revue. It is apparent that a fall in domestic trade triggers an increase in inflation level. Research indicates that Argentine fiscal deficit in 1993-2001 had an average of 1.3 percent of the country’s GDP (Weisbrot, et.al). Increase in fiscal deficit took place in 1998 when Argentina adopted joint action on recession, which focused on higher interest rates and revenues. Recovery plan from the financial turmoil meant that Argentina had to change to fiscal policies in order to meet challenges in the dynamic market. Argentina debt restructuring began in 2002 when Argentina negotiated with investors and IMF to cut down some of their debts (Akkerman & Teunissen). Negotiation did not yield much because IMF did not provide solution, which could leverage on Argentina’s economic turmoil. Argentina refuted its agreement with IMF and entered into one te rm agreement with SEC to settle debts of private creditors. The commitment made by Argentina to recover from debts that it had incurred got a backup from Argentine legislative move, which restricted Argentina from incurring more debts on better terms. Argentine government developed policies, which improved import substitution as a move to improve trade in the country. The central bank moved in to control

Friday, July 26, 2019

Analysis of policy document linked to school observation Essay

Analysis of policy document linked to school observation - Essay Example They have charts typically found in any pre-school classroom, although the titles have French translations. Unlike traditional classrooms, children were not given chairs and desks, instead they sit on the floor with no uniforms; the chairs and desks, however, are readily available in case they need those. The lecture and activity making are the most interesting parts. The teacher frequently instructs the children both in English and French, although she uses the latter most of the time. Children as young as 5 years old can already interact with their classmates with basic French words such as â€Å"comment allez-vous?† to mean â€Å"how are you?† The lesson for that day was nouns. The teacher had a huge chart full of big pictures of animals, places, celebrations, etc. Each picture is labeled with its English and French names. During the discussion, the children were so interactive and it seems to me that the teacher knows her pupils very well and knows how to handle

Thursday, July 25, 2019

Marketing Assignment Example | Topics and Well Written Essays - 2500 words

Marketing - Assignment Example The purpose of SWOT analysis is to provide a realistic appraisal of the firm and the environment in which it operates. SWOT provides a basis for the formulation of realistic goals and objectives and strategies for their implementation. Without a SWOT analysis the firm's planning process is fatally flawed. Planning is an information-based activity and, without information planning, quickly degenerates into a political exercise in selling individual biases and preconceptions. Further complicating matters is that if SWOT is not essentially conducted, there is no basis upon which to assess progress toward the accomplishment of goals and objectives; and the accountability upon which managerial control is based also quickly degenerates. There are significant benefits to SWOT. By the identification of the strengths and weaknesses of the organization, strategies can be designed to efficiently allocate the organization's resources, hence increasing overall organizational effectiveness. SWOT c an identify profitable opportunities and high-risk ventures that enhance the firm's effectiveness. Preventive measures can be designed to avoid major environmental threats that may save large amounts of resources that might otherwise be required to correct damage from those environmental threats. ... There are several environments in which a firm functions. These environments are the economic environment, the sociopolitical environment, and the technological environment. Each of these environments has important components and implications for the strategic planning process. The economic environment consists of both factor and product markets considerations. The availability of supporting market structures, intermediate goods, labor, and the price levels within these areas will determine the costs of production for the firm. The product market; its relative competitiveness, whether it is expanding or contracting; and its continued viability will determine the ability of the firm to generate revenues from that market. The case presented here examines the crisis and ongoing problems of Marks & Spencer, one of Britain's best known retail brands that has experienced after many years of unbroken success. The case examines the factors that contributed to perhaps the most serious threat that the company has faced in its over 100-year history and identifies the implications for the company's future public relations strategy. Marks & Spencer (M&S) is one of the UK's largest, best-known retailers and their brand has been synonymous with reliability, value and quality for generations. Marks & Spencer has been viewed as setting the standards that other retailers have striven to match over the years and, until recently, was recognized as one of Britain's best-managed companies with an enviable track record of successful growth and profits. The company has consistently been rated as Britain's 'most favored company' in surveys among business leaders. The name

Wednesday, July 24, 2019

Liberal Art Studies Essay Example | Topics and Well Written Essays - 250 words - 1

Liberal Art Studies - Essay Example In a professional setting, resisting the majority does not have the dramatic consequences that resisting the State does because the State is capable of punishing a person more severely. However, there can be unwanted consequences, such as being fired, for going against the majority rule of a corporation. Many positive results have come from resisting the majority and this has been proven in the professional realm as well. This is especially true when the truth and other creative pursuits are repressed and discouraged by the majority. It would definitely seem that Thoreau’s ideas would be easier to implement in a professional setting. However, resisting in both situations can bring about punishment. A corporation does indeed have a conscious as long as conscientious people are running the particular corporation. It is important that those running a corporation do not suppress ideas and opinions or mistreat employees, although this does happen frequently in the business world. C orporations should, as Thoreau believes, employ â€Å"conscientious men† that act accordingly to make sure that corporation acts in an ethical manner. Also, as Thoreau states, corporations (as well as the government) should â€Å"encourage its citizens (workers) to be on alert to point out its faults† (1849).

Tuesday, July 23, 2019

Biology - Down's Syndrome Term Paper Example | Topics and Well Written Essays - 2250 words

Biology - Down's Syndrome - Term Paper Example Despite the alleged incurable nature of Down’s syndrome, it is possible that the fields of pharmacology and medicine have surely come up with ways to alleviate its symptoms as well as to be able to learn further about the disease. In fact, research through the medical and scientific databases on the latest scientific breakthroughs concerning Down’s syndrome resulted in the discovery of five journal articles relating the most recent breakthroughs on the disease. Review of Literature The study of Bradeau et al. conducted in Paris, France in 2011 is entitled â€Å"Specific targeting of the GABA-A receptor ÃŽ ±5 subtype by a selective inverse agonist restores cognitive deficits in Down syndrome mice.† Based on the results of this study, one reason why there is an altered brain function among individuals with Down’s syndrome is that there is a chemical imbalance between inhibitory and excitatory neurotransmitters. One inhibitory transmitter, GABA or gamma-aminobutyric acid seems to occur in large amounts in the nervous system of Down’s syndrome patients and thus causes a relatively great amount of inhibition of certain cognitive functions among them. The study then utilized GABA-A antagonists in order to treat such chemical imbalance and the result was positive. As a result, the subjects of the experiment, Ts65Dn mice, or mice with Down’s syndrome, demonstrated restored cognitive functions. The specific chemical GABA-A antagonist, which is a ?5-subtype or ?5IA, was used to restore memory and learning functions n rats. The ?5IA subtype of GABA-A antagonist is different from its other subtypes because it is non-convulsant, which means to say that the other subtypes may cause convulsions if tested on humans. Other subtypes also caused certain changes in the tissues of the brain, liver and kidney of the experimental mice, but ?5IA did not. The study of Braudeau et al. was particularly important to the medical community as well as to families of Down’s syndrome patients because this new particular chemical or drug – GABA-A antagonist ?5IA subtype – may actually improve learning and memory problems among patients suffering from Down’s syndrome. Nonetheless, the drug has not yet been tested in humans for fear that although it may not cause convulsions in rats, it may still do so in humans. Moreover, the study was unique in itself because although it has been known that Down’s syndrome pa tients suffer from imbalanced inhibition and excitation at the cellular level, there had been no non-convulsant drug that promised any good cure until now. Another study, the one conducted by Perluigi and Butterfield in Kentucky, USA in 2011 is entitled â€Å"Oxidative Stress and Down Syndrome: A Route toward Alzheimer-Like Dementia.† This study involved the discovery of the physiological causes of the almost natural development of Alzheimer’s Disease among Down’s syndrome patients as early as their middle age. Although there are already genetic physical and mental abnormalities in a newborn child with Down’s syndrome, these pathological problems get worse as the patient gets older and thus may have a great chance of developing into Alzheimer’s Disease later on in life. The study found out that the causes of such development were â€Å"altered free radical metabolism† and â€Å"impaired mitochondrial function† (Perluigi & Butterfield, 2012). These two cellular processes,

Monday, July 22, 2019

Press Kit Format - How to Make a Proper Press Kit for Events Essay Example for Free

Press Kit Format How to Make a Proper Press Kit for Events Essay The materials that make up a press kit are usually assembled in a standard two-pocket folder. Choose folders that have slots for your business cards, and in a color that complements your companys printed literature. Press kit materials typically used include the following information pieces: Insert, on the right side of the folder, from front to back: †¢ Business Card Place a copy of the contact persons business card in the slot inside the folder, usually on the right inside flap. †¢ Press Release Announce your big news! A press release contains information in printed form, is written like a newspaper story and is issued to media representatives and reporters. †¢ Article Reprints Samples of past press coverage your company or the person in the news release has received can help sell the newsworthiness of your story. †¢ Copies of Speeches or Presentations given in association with your company or business can also make an impression. Insert, on the left side of the folder, from front to back: †¢ Photographs typically a 5x7 black and white glossy photo of your product or a person mentioned in your press release †¢ Company Profile and Fact Sheets A concise summary of your companys history, initiatives and goals, including a description of your products and services. If you are introducing a new product or service, include a separate fact sheet highlighting its features and benefits. †¢ Testimonials and Case Studies Positive statements or success stories about your business and its products and services from satisfied customers and clients can illustrate your companys significance. †¢ Biographies Profiles of yourself and key employees provide details about the people behind the business. †¢ Statistical Data Charts, graphs and line art can help illustrate your story. Some companies include a comparison chart of their products and services compared to their closest competitors. †¢ Brochures, Catalogues, Newsletters or other Business Literatur e Smaller brochures may be placed in front of other materials.

Peter Paul Rubens Essay Example for Free

Peter Paul Rubens Essay The most sought-after painter in northern Europe during the seventeenth century, Peter Paul Rubens, was also a diplomat, linguist, and scholar. His dramatic artistic style of the seventeenth century is now called baroque, a term apparently derived at a later time from ornate jewelry set with irregular pearls. At its most exuberant, the baroque involves restless motion, startling color contrasts, and vivid clashes of light and shadow. Rubens was born in Siegen, Westphalia, to Jan Rubens and Maria Pypelincks. Born the son of a lawyer and educated at a Jesuit school in Antwerp, Flanders, Rubens learned classical and modern languages. He spent the years 1600 to 1608 studying and working in Italy. Returning to Antwerp, he continued to travel as both courtier and painter. His repeated visits to Madrid, Paris, and London allowed him to negotiate treaties while accepting royal commissions for art. One of Rubens major innovations in procedure, which many later artists have followed, was his use of small oil studies as compositional sketches for his large pictures and tapestry designs. Rather than merely drawing, Rubens painted his modelli, or models, thereby establishing the color and lighting schemes and the distributions of shapes simultaneously. Rubens managed a very large studio in Antwerp, training many apprentices and employing independent colleagues to help execute specific projects. Among his mature collaborators whose baroque works are on view in the National Gallery of Art are Anthony van Dyck, Jacob Jordaens, Jan Brueghel, and Frans Snyders. Rubens style tremendously influenced baroque painters throughout Europe, even those such as the German-born Johann Liss who had no documented contact with the master. Liss The Satyr and the Peasant, for instance, is Rubensian in its lively gestures and telling expressions. Painted during the 1620s in Italy, it illustrates a tale from Aesops Fables in which an immortal satyr helped a peasant find his way through a winter storm. The goat-legged creature was astonished when the man put his chilled hands to his mouth to warm them. In thanks for the satyrs guidance, the peasant invited him home to eat. The satyr was further perplexed when the man blew on his spoon to cool the hot soup. The satyr jumped up in disgust at human hypocrisy, proclaiming, I will have nothing to do with someone who blows hot and cold with the same breath! The Fall of Man Rubens copied many of Titians paintings. Part of Rubens greatness was due to his eager study of earlier masters and his ability to combine their techniques with his own style. The Fall of Man is an interesting example of a work after Titian, that is very close to the original but in which Rubens has changed some details. The red parrot in the tree is not in Titians painting. The colors in Rubens painting are more yellowish and Rubens has actually improved Titians painting by giving Adam a more natural pose. In fact, Adam looks a lot like Rubens himself. When Rubens made this painting, he had just met his second wife-to-be, Helene Fourment. She was only 15 years old at the time. Adoration of the Magi Religious paintings were fashionable during the time of Peter Paul Rubens and were nearly always reverential. Adoration of the Magi is a good example of how Jesus was expected to be venerated in art. A painting of 99 inches by 133 inches, Adoration of the Magi is an oil on canvas painting that features a group of figures, who are waiting in turn to pay homage to the newly born Jesus. It is painting that was created by Rubens in 1616 and 1617. The Power of Christ The Virgin Mary is depicted holding up Jesus as an elderly magus kisses the babys feet. Rubens clearly shows that Jesus is no normal child, as quite apart from the large group of people who have come to see Christ, the infant Jesus is seen touching the head of the elderly magus as a sign of acknowledgment of the old mans devotion. Rubens also adds power to the image and of Jesus himself, with the ethnic mix of the visitors. This suggests that the men have traveled from many different parts of the world to witness seeing the baby Jesus and are not all, in fact, magi. The age of the men and the way they are dressed indicates men of power, and, consequently, their humble adoration of Christ gives the work an added weight. Though the expression of the figures in the painting are almost universally serious, there is one man who appears to be smiling and acts in a way many adults would normally act on seeing a baby. The Virgin Mary, however, looks very serious, almost severe, but she is concentrating on Jesus not coming to any harm, as he is standing upright to receive the line of visitors. The Propaganda Element As with most religious paintings of the early 17th Century there could be said to be an element of propaganda in Adoration of the Magi, as it is really showing the power of the Church. It is painting that is saying that however powerful leaders may be, the Church is more powerful than any earthly empire. The fact that there is little light in the painting gives it an air of mystery, as one wonders if some figures are deliberately hidden. Some of the visitors to the stable are also partly hidden by other visitors. The horse to the left of the painting infers that animals are also part of the kingdom of God. Adoration of the Magi currently hangs in the Musee des Beaux-Arts, Lyon, France. VENUS IN FRONT OF THE MIRROR Peter Paul Rubens presented his Venus in Front of the Mirror as the ultimate symbol of beauty. She is aware of the viewer in a mirror that frames her face like a portrait. Great play is made of the sensual reproduction of her skin and silky hair, which is further enlivened by the contrast with the dark-skinned maidservant. The few costly accessories, otherwise decorative additions to elaborate clothing, emphasize the figure’s nakedness. The sensual qualities of the painting are created by Rubens’s subtle painterly approach. He alternates sketchy brushstrokes, drawn over the ground like a transparent veil, with compact areas, painted in great detail. One particularly attractive feature of the picture is the contrast between the goddess’s encounter with the viewer, which seems to occur almost by chance, and the representation of her beauty, as if conceived for a spectator. The mirror that Cupid holds up for the goddess reveals an additional level of meaning: the reflection of Venus, which reveals her beauty to the viewer, becomes a symbol of painting that competes with nature to produce an image that is as real as possible.

Sunday, July 21, 2019

Renaissance and Baroque Eras: Art Comparison

Renaissance and Baroque Eras: Art Comparison Comparing the Eras of the Renaissance and Baroque Since the beginning of time Art has been used as a form of expression. With each historical art era came new advances and techniques. Each era was influenced by the unique characteristics, style and social conditions of its time. Although each era bought forth new forms and unique styles of art many historical art periods were influenced by an earlier period of history. The following essay will describe and explain the characteristics, style and influences of the Renaissance and Baroque eras as individual periods. It will also analyze painting from each period and explain the similarities and differences of both paintings; it will also discuss the relationship between the two eras. A look at the Renaissance The Renaissance era is known as the period of transition into modern day. The term Renaissance originated from the French language meaning rebirth, which precisely describes the period of the Renaissance. The Renaissance began in Italy and quickly spread across Europe between the 14th and 17th century. During this period Europe experienced large social, intellectual and economic changes. Europes ability to surface from the stagnated economy of the Middle Age had large effects on the period. Possibly the most significant and popular advancements made were in the cultural, social and political institutions. The progression into Individualism during the Renaissance made way for major advancements. This progression removed the traditional values of the Church and allowed individuals the freedom to explore the human mind, body and their surroundings. The issue of religion had a significant effect on the Renaissance era. With the Catholic Church tangled up in controversy over power, corrup tion, simony, nepotism and the Popes fathering of illegitimate children, many followers turned away from the Church and embraced a new reformed version of their beliefs causing a decrease power level for the Church. The increase of literacy also affected the Catholic Church, as believers learned more they realized that the Church was preaching only what they favored to the followers. Possibly the most significant religious event during the Renaissance history, was the Protestant Reformation, which was founded by Martin Luther in Germany. The new found views towards religion had major effects on society and their way of thought. Freedom from the Church allowed individuals to explore freely which resulted in a completely new way of life in all fields. (The Renaissance,n.d.) The Renaissance era allowed art to develop and mature far beyond the traditional and conventional religious subject matter to replicate human emotion and realism in art. While religion remained the main influence during the renaissance the origination and recognition of human form, expression and scientific study became very active influences in the arts. Painting and sculpting techniques developed greatly during the Renaissance. Artists began using new techniques such as linear perspective, laws of portion, balance and physical presence. The key distinctiveness that characterized Renaissance art includes an adoration and praise of the human figure and nature, realistic linear perspective and prominence on the association of light and shadow. Most of the best known artists and masterpieces were produced during the Renaissance period. During the Renaissance era famous artists such as Masaccio, Michelangelo, Raphael and Leonardo da Vinci created unique and untraditional techniques neve r used before. (The Renaissance,n.d.) A look at the Baroque period The term Baroque originates from the Portuguese language meaning irregular pearl. The era was dubbed the name to imply strangeness and irregularity. The baroque style began roughly at the end of the 16th century and lasted until the mid 17th century. The Baroque style first developed out of the Catholic spectacle and poise associated with the Counter-Reformation. Later, as the technique expanded north, it quickly became famous at royal courts, where it represented the rising rule of the new monarchies. The religious differences which begun during the Renaissance with the Reformation and Counter Reformation continue well into the 17th century. The religious conflict among the two groups influenced art greatly in this era. As a result of the Catholic Churchs Counter-Reformation, amazing churches were built, decorated and furnished to the extreme. Consequently, the demand for unique extraordinary religious themed artwork was great. As the economy flourished many European capitals began to raise, therefore the increase for architecture and decoration was high. (Guisepi, n.d.) Art during the Baroque period produced a sensation of progression, dynamic and apprehension. The technique of powerfully using distinction of light and shadow and a never-ending quantity of space is famous during this era. The presence of passionate spirituality and realism were also vastly utilized. Artists were famous for showing an individuals personalities, passion, emotions and thought merely through their facial expressions. Baroque art was a form of exaggerated Renaissance style art. Baroque painters utilized the fundaments of art distinctively from prior eras. In paintings lines were typically smooth and gentle; the color scheme consisted mainly of a single tone. The difference between shade and little was an essential technique. Time was particularly important to painters during the Baroque era. Artists viewed time as an assessable object. They believed time fades lies away leaving truth and justifies good over evil. The use of time would be a recurring theme throughout the Baroque era. Similar to the Renaissance, the Baroque artists ornamented the interior of grand buildings such as chapels and palaces. Along with art, the Baroque style surpassed the modern form of sculpture. Baroque sculptures were full of uniqueness, expression, and action. The sculptures of this period also expressed a passionate emotional bliss and creativity. (Guisepi, n.d.) Analysis Both the Renaissance and the Baroque eras created several of the most famous artistic works produced in the Western world. While the two eras illustrate distinctive distinction in work style and theme, nonetheless they reveal many characteristics in common. To better understand the similarities of the eras a comparison of two works of art from the two different periods is helpful. The two paintings that will be analyzed and compared are Leonard da Vincis Mona Lisa and Peter Paul Rubens The Straw Hat. Analysis of the Mona Lisa The woman portrayed in the Mona Lisa painting is known as La Gioconda or the Smiling One. The structure of the Mona Lisa forms a pyramid shape, her folded arms and hands serving as the bottom base, her shoulders and arms forming the sides and her head as the peak all connecting to form a pyramid. The support on which her left arm lays is hardly noticeable, extending to a vanishing armrest. Leonard da Vincis keen Renaissance period infatuation with features and detail is enthusiastically obvious in the painting. The smallest details such as the creases in her gown, the superior use of detail of the background, and the structure of her hair are accurately and thoroughly painted. The painting looks as though it was submersed in a smoky haze which was created by da Vincis expert ability to gradual blend one area of color into another without a sharp outline. This technique allows the viewer to recognize the shadows and light of both the image and background. The paintings lighting is sub missive, however extremely natural. The use of natural and realistic highlighting and shadowing characterize the shape, features and expression of Mona Lisa. Unlike her face, her dark tone clothing easily blends into the softly lit setting behind her, merging the work of art in the classical Renaissance manner. Regardless of the proficiently blended colors, the features of the scenery behind Mona Lisa are obviously noticeable, another distinctive technique of the Renaissance. The utilization of linear perspective is delicately understated due to the absents of individually positioned lines, but nonetheless are still present and noticeable, as the observer stares back into the scenery the vanishing point can easily be located behind the head of the figure. The stream flowing behind her, the distant mountains, the path and canal near the center of the painting are distinctive features of the painting regardless of the haze and create addition interest to the entire painting. ( da Vinc i, 1605) Analysis of The Straw Hat The subject of Peter Paul Rubens The Straw Hat is Susanna Fourment. In the painting Fourments stand is positioned to formed a pyramid structure. Resembling the structure of the Mona Lisa her folded arms also serve as a base, her shoulders and arms as the sides and her head as the peak all corresponding to form a pyramid like shape. The hat on her head is placed casually with a minor slant, which creates a line that cuts the peak of the pyramid. Her flared skirt which is slightly noticeably under her folded arms creates the sense of a second, shorter pyramid that is concealed under the first. In his painting, Rubens demonstrates the classic Baroque freestyle brushstrokes. This technique is noticeably observed in the features of Fouments dress and hat. Her laced cuff and the feathers in her hat are visibly identifiable; however their finer details are buried by the graceful flowing brushstrokes, which is a typical technique of the Baroque era. Rubens employed the classic Baroque method of strongly contrasting shadows and lights to highlight and focus on features in his painting. To create a naturalistic light in the painting the lighting was focus directly on Fourment. Rubens use of strong bold colors for Fourments clothes along with the contrast of color and texture among fabric and skin allow her to stand out and clearly portray her as the focal point of the painting. The backdrop of this painting is merely a mistily illustrated group of clouds with a hint of blue sky scarcely peeping through. As a result, the background of The Straw Hat painting is utterly inferior to the focal point of the piece. Without distinctive images in the backdrop to supply an allusion point, the use of linear perspective is unseen. ( Rubens, 1625) Similarities in both paintings Both artists treat the similar themed topic according to the technique of their particular periods. Both paintings illustrate a young lady in nearly identical poses, both bodies are positioned at a 75 degree angle with the head somewhat turned back in the direction of the observer. Both women have their hands carefully positioned under the bust in front of them. Both woman gaze towards the right of the viewer neither one stares directly towards the viewer. Both women display a slight content grin on their faces. Another similarity among the paintings is observed in the background of both painting. Both paintings create mysterious and foggy sceneries behind the woman. In addition Rubens composition resembles the Mona Lisa so much that many questioned if Ruben intentionally setup his painting that way. Differences of the paintings In the Mona Lisa painting da Vinci uses precise and magnificent technique in the details of the background; the eras passion for details is enthusiastically noticeable. On the other hand, the background of The Straw Hat demands no attention. During the Baroque era artist primarily focused on the main subject matter. Another difference in the paintings is the use of linear perspective, in the Mona Lisa da Vinici creates a clear vanishing point in the background of his painting, unlike Rubenss painting were he pays no attention to the background scenery and only focuses on the main subject. Another distinction in the paintings is the color scheme, in the Mona Lisa deep dark colors are blended smoothly with the background and the sfumato technique is used perfectly to bring focus to the details of both the image and background, in The Straw Hat bold daring color tones are used to make the image stand out, also instead of the sfumato technique Rubens uses the traditional Baroque techniqu e of combining strongly differing lights and shadows to focus on and emphasize the features in his painting. Relationship and connection of both historical eras Although both eras are unique in different respects, yet the eras share similarities and also continuing relationship. The Baroque era is said to have been generated at the end of the Renaissance era, which progressed to a dramatic, illuminate, energetic sophisticated form of art. The techniques of the Baroque art era united the sophisticated techniques and magnificent advances of the Renaissance along with the emotion, intensity and drama of the high Renaissance with the Baroque style of mixing the basic fundaments of the naturalist and classicist manners that are characterized by magnificence, energy and emotional enthusiasm. Many art scholars consider the Baroque style a representation and continuation of the Renaissance era. Similar characteristics of both eras include the use of light and color, focus on realism and idealism, strong perspective effects, religious themes and nude portraits. ( Myers, n.d.) To conclude the Renaissance and Baroque eras generated several of the most celebrated artist as well as masterpieces of all time. Although both eras share many similarities each era has its own unique characteristics and is unique in its own way.

Saturday, July 20, 2019

Corporate Sponsored Education: The Limits Of Social Responsibility Essa

Corporate Sponsored Education: The Limits Of Social Responsibility ABSTRACT: The business sector increasingly subsidizes financially challenged institutions. Representative examples would include health care, major sports arenas, and penal facilities. Among the recent beneficiaries of corporate largesse are schools. Such assistance blurs social roles and raises serious moral concerns, especially those of moral agency. Education, more so than other social institutions, determines the kind of citizen and moral character a person can become. Put differently, education operates on virtue development that may override the fiscal logic of profit-maximization practiced by corporations. In this paper I argue that whatever benefit received by struggling schools is short-lived by comparison to the long range influence achieved by a corporation via advertisements that affect the psychological preferences of children. I contend that this makes the exchange unfair insofar as it violates the autonomy of the student. Education should provide a free and open atmosp here in which critical points of view are discussed. If corporations are permitted untrammeled access to schools, social views may become one-dimensional. Economic salvation would effectively trade on the moral failure of schools. The familiar debate over corporate social responsibility draws against the classical view of Milton Friedman that the sole responsibility of corporations is to its stockholders. This narrow view eschews corporate social responsibility for the maximization of profits whereby society would be the indirect beneficiary of market capitalism. In contrast, the broader view held by Richard DeGeorge, Tom Donaldson, and Norman Bowie argue that corporations have... ...Press, 1996) p. 12. (3) David Brewster. Weekly Washington, p. 6, 1997. (4) Alex Molnar, p. 66. (5) D. Stead. New York Times, January 5, 1997, p. 33. (6) John Kenneth Galbraith. "The Dependence Effect," in Beauchamp and Bowie, p. 500. (7) Robert Arrington. "Advertising and Behavior Control." In Business Ethics, (Ed.) Thomas I. White. (New York: Macmillan Publishing Co., 1993) p. 578. (8) See Henry Frankfurt. "Freedom of the Will and the Concept of a Person." Journal of Philosophy, LXVIII (1971), 5-20. (9) Richard L. Lippke. "Advertising and the Social Conditions of Autonomy." In Thomas I. White, p. 586. (10) See Lynn Sharp Paine. "Children as Consumers: An Ethical Evaluation of Children's Television Advertising." In Thomas I. White, p. 619. (11) Ibid., p. 622. (12) Ibid., p. 623. (13) P. Applebome. New York Times, March 16, 1997, p. E5.

Friday, July 19, 2019

Obesity and Self-Esteem Essay -- essays research papers fc

Today obesity is talked about as a major physical health problem. It can cause diabetes, high blood pressure, heart disease, immobilization, and many other problems. However many articles fail to mention what is one of the most important and most destructive problems. This is the effect of obesity on one’s mental health and wellbeing. Being excessively overweight usually instills in it’s victims a sense of self worthlessness and gives them a very negative self-image. This can lead to an array of problems that affect the person in a way that is much more direct and difficult to deal with than physical problems. While the problem is known to affect men, it strikes women much more often. The models and celebrities in the media that set the standard for what women should look like are thinner than 90-95 percent of the American female population (Seid p.6). This is an unrealistic portrayal of what the human body should look like when compared to most women’s genetic makeup. Women’s self-image, their social and economic success, and even their survival can still be determined largely by their beauty (Seid p.5). Men on the other hand seem to have it a little easier when it comes to looks. Their self-image is largely determined by what they accomplish in life and not by whether or not they meet the social standard for looks. Modern clothing and fashion require women to show off their bodies more in tight clothes and by showing more skin than in the past. According to Roberta Seid ...

Revolution Girl-style Now! Essay -- essays research papers fc

Revolution Girl-Style Now! Riot Grrrls were originally born out of the â€Å"Punk† scene where rebellion was expressed in attitude, appearance, style, and music. Defining Riot Grrrl is much like defining Punk. There is no central organization, no authoritive definition, just an attitude concerned with pointing out social hypocrisy and empowering people to â€Å"do it yourself†, creating a culture of their own when they see that the mainstream media does not reflect their concerns or provide outlets for their efforts. Riot Grrrl is a supportive environment for girls and young women which is concerned with feminist issues such as rape, abortion rights, bulimia/anorexia, sexism, sexuality, double standards, self-defense, fat oppression, classism, and racism. Riot Grrrl is a network of fanzines that are produced by the angry â€Å"girl revolutionaries† who identify with the music that is associated with Riot Grrrl. The fanzines, self-designed and self-written, uncensored and uninhibited photocopied publications, are often intensely personal. That personal outlet is translated to larger political action when the fanzines are available to the public, bringing people together for conventions and other consciousness-raising activities. The ethos is about supporting each other and empowering each other. In actuality, Riot Grrrl is a frame of mind. It's a way for them to come together in a common cause: â€Å"Revolution Girl-Style Now!†. Since no specific person or people claim they created it, Riot Grrrl has meant many things to many people. Most girls do not attempt to define it anymore. â€Å"EVERY GRRRL IS A RIOT GRRRL. All you need is a healthy dose of pissed-of-ness at the treatment of womyn in our society. We are NOT all punk, all white, all lesbians, all musicians, all fanzine editors, all vegetarians, all victims of abuse, all straight edge. There is no ‘stereotypical' Riot Grrrl.† (Knight 9) The early Riot Grrrl scene was a â€Å"loose-knit† affiliation of feminist Punks, formed circa 1991 in Olympia, Washington and Washington D.C. The philosophy of â€Å" do it yourself† and â€Å"you can do anything† seemed to apply mostly to boys, who were the ones making the music and dictating the styles. By the early ‘90s, more and more girl bands started springing up, but ironically they found themselves battling sexism and discrimination within a movement originally based in a consciousness about youth ... ...ther in a common cause: â€Å"Revolution Girl-Style Now!†. Bibliography Carlip, Hillary. Girl Power: Young women speak out. New York: Warner Books, Inc., 1995 "Grrrls kick ass!". Online. Available HTTP: http://www. Micoks.net:80/~ tiffani/girl.html Hanok, Emily. The Girl Within. New York:Fawcett Books, 1989 Knight, Zain. Luster fanzine. San Fransisco. Madhu.. "Riot Grrrl". Online. Available HTTP: http://www.angelfire.com/nj/alienshe/grrrl.html Orviro, Rachel. "I Am a Girl". Online. Available HTTP: http://www. voiceofwomen.com/sac/girl.html. Pipher, Mary, Ph.D. Reviving Ophelia: Saving the Selves of Adolescent Girls. New York: Ballantine Books, 1995 "REVOLUTION GIRL STYLE NOW!". Online. Available HTTP: http://www. Smu.edu/~hnovales/girl.html Sam. "I AM XL & PROUD". Kingfish fanzine. SanDiego. Spirit. "What is a Riot Grrrl anyway?". Online. Available HTTP: http://www. columbia.edu:80/~ril 3/music-html/bikini kill/girl.html "So What the heck is Riot Grrrl?". Online. Available HTTP: http://www. indieweb.com/riotgrrrl/rg-perplexed.html Wilson, Jodi. Crisco fanzine. San Fransisco.

Thursday, July 18, 2019

Kamala das an introduction Essay

Kamala Das (Has also written under the pseudonyms Madhavikutty and Kamala Suraiyya) Indian poet, short story writer, novelist, playwright, essayist, nonfiction writer, children’s writer, and autobiographer. The following entry presents an overview of Das’s career through 2000. Das is one of the best-known contemporary Indian women writers. Writing in two languages, English and Malayalam, Das has authored many autobiographical works and novels, several well-received collections of poetry in English, numerous volumes of short stories, and essays on a broad spectrum of subjects. Since the publication of her first collection of poetry, Summer in Calcutta (1965), Das has been considered an important voice of her generation who exemplifies a break from the past by writing in a distinctly Indian persona rather than adopting the techniques of the English modernists. Das’s provocative poems are known for their unflinchingly honest explorations of the self and female sexuality, urban life, women’s roles in traditional Indian society, issues of postcolonial identity, and the political and personal struggles of marginalized people. Das’s work in English has been widely anthologized in India, Australia, and the West, and she has received many awards and honors, including the P.E.N. Philippines Asian Poetry Prize (1963), Kerala Sahitya Academy Award for her writing in Malayalam (1969), Chiman Lal Award for fearless journalism (1971), the ASAN World Prize (1985), and the Sahitya Akademi Award for her poetry in English (1985). In 1984, she was nominated for the Nobel Prize in Literature. Biographical Information Das was born into an aristocratic Nair Hindu family in Malabar (now Kerala), India, on March 31, 1934. Her maternal grandfather and great-grandfather were Rajas, a caste of Hindu nobility. Her love of poetry began at an early age through the influence of her maternal great-uncle, Narayan Menon, a prominent writer, and her mother, Balamani Amma, a well-known Malayali poet. Das was also deeply affected by the poetry of the sacred writings kept by  the matriarchal community of Nairs. Das’s father, a successful managing director for a British automobile firm, was descended from peasant stock and favored Gandhian principles of austerity. The combination of â€Å"royal† and â€Å"peasant† identities, along with the atmosphere of colonialism and its pervasive racism, produced feelings of inadequacy and alienation for Das. Educated in Calcutta and Malabar, Das began writing at age six and had her first poem published by P.E.N. India at age fourteen. She did not receive a university education. She was married in 1949 to Madhava Das, an employee of the Reserve Bank of India who later worked for the United Nations. She was sixteen years old when the first of her three sons was born; at eighteen, she began to write obsessively. Although Das and Madhava were romantically incompatible according to Das’s 1976 autobiography, My Story, which describes his homosexual liaisons and her extramarital affairs, Madhava supported her writing. His career took them to Calcutta, New Delhi, and Bombay, where Das’s poetry was influenced by metropolitan life as well as by her emotional experiences. In addition to writing poetry, fiction, and autobiography, Das served as editor of the poetry section of The Illustrated Weekly of India from 1971 to 1972 and 1978 to 1979. In 1981 Das and her husband retired to Kerala. Das ran as an Independent for the Indian Parliament in 1984. After her husband died, Das converted to Islam and changed her name to Kamala Suraiyya. She currently lives in Kerala, where she writes a syndicated column on culture and politics. Major Works Das published six volumes of poetry between 1965 and 1985. Drawing upon religious and domestic imagery to explore a sense of identity, Das tells of intensely personal experiences, including her growth into womanhood, her unsuccessful quest for love in and outside of marriage, and her life in matriarchal rural South India after inheriting her ancestral home. Since the publication of Summer in Calcutta, Das has been a controversial figure, known for her unusual imagery and candor. In poems such as â€Å"The Dance of the Eunuchs† and â€Å"The Freaks,† Das draws upon the exotic to discuss her sexuality and her quest for fulfillment. In â€Å"An Introduction,† Das makes public traditionally private experiences, suggesting that women’s personal  feelings of longing and loss are part of the collective experience of womanhood. In the collection The Descendants (1967), the poem â€Å"The Maggots† frames the pain of lost love with ancient Hindu myths, while the poem â€Å"The Looking-Glass† suggests that the very things society labels taboo are the things that women are supposed to give. In The Old Playhouse and Other Poems (1973), poems such as â€Å"Substitute,† â€Å"Gino,† and â€Å"The Suicide† examine physical love’s failure to provide fulfillment, escape from the self, and exorcism of the past, whereas poems such as â€Å"The Inheritance† address the integrity of the artistic self in the face of religious fanaticism. In Tonight, This Savage Rite: The Love Poems of Kamala Das and Pritish Nandy (1979), Das invokes Krishna in her explorations of the tensions between physical love and spiritual transcendence. The Anamalai Poems (1985), a series of short poems written after Das was defeated in the 1984 parliamentary elections, reworks the classical Tamil akam (â€Å"interior†) poems that contrast the grandeur and permanence of nature with the transience of human history. Poems such as â€Å"Delhi 1984† and â€Å"Smoke in Colombo† evoke the massacre of the Sikhs and the civil war in Sri Lanka. In My Story, originally published in serial format, Das provides details of her extramarital affairs and her unhappy marriage to Madhava Das. She is also the author of a novel, The Alphabet of Lust (1977), and several volumes of short stories in English. Under the name Madhavi Kutty, Das has published many books in the Malayalam language. Critical Reception Critical response to Das’s poetry has been intimately connected to critical perception of her personality and politics; her provocative poetry has seldom produced lukewarm reactions. While reviewers of Das’s early poetry have praised its fierce originality, bold images, exploration of female sexuality, and intensely personal voice, they lamented that it lacked attention to structure and craftsmanship. Scholars such as Devindra Kohli, Eunice de Souza, and Sunil Kumar have found powerful feminist images in Das’s poetry, focusing on critiques of marriage, motherhood, women’s relationships to their bodies and power over their sexuality, and the roles women are offered in traditional Indian society. Many critics have analyzed Das as a â€Å"confessional† poet, writing in the tradition of Sylvia Plath, Anne Sexton, and Denise Levertov. Some scholars, such as Vimala Rao, Iqbar Kaur, and Vrinda Naur, have deemed Das’s poetry, autobiography, and essays frustratingly inconsistent, self-indulgent, and equivocal, although they, too, have praised her compelling images and original voice. Such commentators have suggested that Das is both overexposed and overrated. Other scholars, such as P. P. Raveendran, have connected the emphasis on the self in Das’s work to larger historical and cultural contexts and complicated, shifting postcolonial identities. Indian critics have disagreed about the significance of Das’s choice to write of her experiences as an Indian woman in English; some scholars suggest that, in her shunning of traditional aesthetic form, she has created a new language for the expression of colonial contradictions. Despite disagreement over the aesthetic qualities and consistency of Das’s body of poetry, scholars agree that Das is an important figure whose bold and honest voice has re-energized Indian writing in English.

Wednesday, July 17, 2019

The Harsh Reality of Racism

Black Boy, a novel by Richard Wright, is a heart-wrenching story approximately the harsh reality of racism, preconceived idea, and hostility that argon revea guide through the struggles of one girlish shady boy. The juvenile sear boy is urgently trying to understand the cruel and proscribe world he is living in. This young black boy is on a mission to be educated and be succeederful. Richard Wright is determined to succeed in life.Richards success is based on his determination and driving force to control obstacles that he would face on a day to day fanny in alone aspects of his life. Richard was growing up in a m stage that was both discouraging and hostile to blacks attempting to bewilder an information and bewilder sure-fire. Through all of his hardships and obstacles, Richard continued to have a irrefutable breaklook on life. A affirmatory outlook kept Richard focused on his dream to leave the south and hithertotually be free from all racial and preconcei ved opinion matters.During the early twentieth century, racial issues, along with very strong prejudice faceings ran throughout the south. The Jim Crow laws separated the blacks from the clean-livings and conduct the blacks to believe they were non important. S tuckering arrangements on busses, drinking from different water fountains, and horizontal the arrogance of not being allowed to eat at counters in public restaurants were examples of approximately of these laws. Therefore, very little emphasis was entrap on the education and success of a young black boy. In secernate for Wright to be successful, he had to pursue an education and overlook the strong prejudiced feelings he was faced with. These were hard seasons for blacks, but he worked hard to overcome his obstacles and oscilloscope for what he believed in. He did this during a time when at that place was no desire to interpret a colored person overcome the chances and be successful.Richard Wrights determinatio n to succeed, and to overcome the societal forces fighting against him was facet of southern ending that was familiar to all who lived, or even passed through the South during this time. The races showed no possible action of coming into contact with one another. How eer, there was a fear among them. Although he had fear, his remainder about the races was not eliminated. For example, Richard once ventured into a white likeness attempting to sell his clink for money to buy food. On that day, he axiom a glimpse of a world he had never seen before. Wright saw things such asI enclose her under my arm and went for the first time alone into a white neighborhood where there were wide clean streets and capacious white houses.Finally a young white wo art object came to the door and smiled.I waited on the porch, marveling at the cleanliness, the quietness of the white world. (69)Richard now understood that whites lived so much(prenominal) better and he wondered why he and his brothe r had spent so numerous days doubled over in pain from the hunger they had come to cognize so well.Wright uses prejudice and racism throughout his autobiography to encounter some of the close to ludicrous moments that he had to experience charm growing up in the South. For example, when Wright responded to the point on what he wanted to do in life, the lady turned to him and told him he was wasting his time trying to become a writer, knowing he was a Negro as stated in this quoteThen why ar you going to school? She asked in surprise.Well, I want to be a writer, I mumbled, unsure of myself IHad not intend to tell her that, but she had made me feel soUtterly wrong and of no account that I needed to bolster myself.To write stories, I mumbled defensively.Youll never be a writer, she said. Who on earth put suchIdeas into your organize nigger head?I didnt think anybody ever would, she declared indignantly (Wright 147).It was unheard of being someone of importance and being black a t the same time. Another favourable example of the prejudiced lifestyle of Wright was when he accepted his first job as a porter for a in a clothing store. Wright was forced into lavation floors and was not allowed to come into contact with passel who entered the store.In Richards early life, many companionable roadblocks threatened to make it more voiceless for him to hold on to his dream. Race and prejudice created take exceptions, but the true challenge came in an entirely different form. The true challenge was to become an accepted black man in a white mans society. Richard Wright became successful in a country that did not encourage him or to create opportunities for blacks. He succeeded in spite of personal hardships, racial adversity, constant hunger, and the lack of educations. Richard Wright fought the battle and came out victorious. Wright became a man who was not outlined by his color, but by his endowment. His talent was recognized because his strength and determi nation led him to succeed.

Tuesday, July 16, 2019

Dutch Disease

Dutch Disease

(1. What is meant by the term? ) Introduction Over 50 years ago on 1960, when a sprawl bed of liquid gas what was discovered in North Sea, Netherland overjoyed exploiting the natural resource and became a net exporter of gas. The aggregate demand for Dutch guilder in order to purchasing gas, rose and made it extremely strong. It left a lot of currency to a level the manufacturing export was no longer competitive.To begin, low let us examine the indicators of the disease.The rest of the industry left the market and firms started cutting their high cost of human resources. Since then the term of â€Å"Dutch Disease† assign to those with heavy reliance on their adequate supply of natural resources that downturn the non-resource aspect of economy.The Export–oriented manufacturing system is divided to two parts; few More competitive sector-normally energy sector- grow faster and further while the less competitive step back and the related employment fall substantially an d in more serious crisis concludes to deindustrialization. Both mentioned event are correlated with exchange rate development.It might how have set up.

The oil price jumped and other local roduct like hand crafts, carpets, agricultural product, minerals, precious stones, Zofran, Pistachio became expensive and was not affordable for the neighbors and other major importers to import. Such small industries never sustained in the market and some of them wiped out. Iran became the largest importer of rice, wheat, carpets. That took many jobs and money out of economy.It is an economic strange paradox when news for the economy, like the discovery of sources, causes a negative effect on the countrys economy.In both situations, their intake of money from oil exportation is huge. It strengthens the Ruble wired and impact the export revenue as a whole. Besides pouring unmanaged wealth problem, the direct investors intend to invest in mines and oil/gas wells and rigs or take over the related companies (direct investment). Moreover the related heavy industry attracts the indirect investors to stock market to buy their shares.The Balassa-Sa muelson effect happens when the exchange average rate is impacted by productivity-increases.

Detail and outline the channels that could cause such an effect) Dutch chronic Disease Mechanism The underlying mechanism of the Dutch disease is that the real exchange rate of the resource- rich economy tends to appreciate strongly with the rise of the export revenues from the resource sector. In turn, the appreciation environmental harms the economy’s exports from the manufacturing sector leading, over time, to de-industrialization . Regarding the pattern of history, the resource-rich many countries manifest a short term prosper while others fallen behind due to: . Natural Resource scientific discovery and exploitation 2.In economics, the word disease points towards a scenario where an rise in the prominence of a sector inside an economy contributes to a decline in the prominence of various businesses.Resource price artificially inflate the hard currency 2. Run up in commodity price 3. Losing price competition in market 4. Become weak in scale manufacturing sector 5.Th e spike in petroleum industry resulted in the decrease of exports.

Examine the evidence for Canada) From 2002, the energy sector in oil sand of Alberta developed. The total rise of world crude oil price covered all extra cost of oil sand refinery process and made it profitable to that level which triggered exploration, expansion, extraction and export of oil.Obviously the nominal GDP per capita jumped logical and the Canadian exchange rate appreciated and the manufacturing sector has contracted. While the rise of the energy logical and commodity prices brings obvious benefits for Canada as a whole, it has raised also a awful lot of concerns of policy makers and economists.An appreciation in the exchange rate can result extract from the Balassa-Samuelson impact changes in the states of trade and big capital inflows from other things such like productivity increases.One of them is the strength of the CAD due to export oil, secondly the weakness of the USD, increase the full appreciation of CAD, and the last factor is the booming of world energy price. Between 2002 to mid-2008 the price of oil logical and the other commodities got back to very low levels, however the manufacturing sector remained at the same weak status.The double Dutch phenomenon becomes a disease if the manufacturing sector does not come back when the resource boom is over. (4.Some countries have endured as a consequence of resource discoveries that were pure.

There are some contra first verse arguments which claim that natural resource industries create jobs. Strong currency brings significant growth. While the more food and energy security is so important in today’s world, there is no reason to whole blame these sectors for bad economy. Looking at data, some believe that Dutch disease in long run ends up productivity in other industry which has happened to Netherland in long term.Many nations have got into problems.Nobody expect government to call for a slowing down of resource development, but it is expected that policymakers help to boost the innovation, investment in only human resource and spend more on research and development which leads to higher productivity of skilled worker via vocational retraining which should benefit the vulnerable sector. Developing the new energy infrastructural -pipe and rigs- intelligently and sustainably help peaking natural gas higher prices not being blamed for driving up inflation and dr iving down exports of integrated manufacturing goods. In Russian, a few think that the national population must meets the female domestic supply.They claim that they are not that much depends on export revenue.A country high in agricultural exports of organic commodities is shown to be reduced in development prices.

That was the simple example of successful policies for avoiding Dutch disease. Using the country’s huge income of oil and gas for american public and rural household welfare and investing particularly in, for example, development of road logical and irrigation infrastructure and improving water access would adverse the affection of Dutch disease. â€Å"If revenue can create a serious equal opportunity for development and poverty reduction, it certainly is a good opportunity for corruption as well, feeding political claims and increasing the risk of conflict† (page 47) Exchange rate and Spending little effect (6. ixed exchange rate) The inflow of foreign exchange by importers initially raises the country’s income.America has come a long way.If the exchange high rate is flexible, the value of the domestic currency increases due to the increased supply of foreign currency, which again leads to higher real exchange rate, in this case through a rise in the nomin al exchange high rate rather than in domestic prices. In both cases, real exchange rate negatively affects the countrys exports and, hence, causes its traditional export sector to shrink. This entire making process is called the â€Å"spending effect. † †¢Corden, W.The supply of wealth might be uneven.

1982. Booming Sector and De-Industrialisation in a Small more Open Economy.The Economic Journal, 92 (368) pp. 825-848.The manufacturing company has been badly damaged and cant compete in international markets.Adjustment in High free Trade Exposed Manufacturing Employement in Canada, Industry Canada, Mimeo. †¢http://www. imf. org/external/pubs/ft/fandd/2003/03/ebra.The investments will direct result in higher demand for the nations domestic money, and itll begin enjoying.