Commodity Trading in the United Kingdom Dissertation

Commodity Trading in the United Kingdom - Dissertation Example This research study examines how two of the largest commodity traders in the world, Vitol and Glencore International, conduct their commodity trading activities through the commodity exchanges in the United Kingdom and in its OTC market. The pit trading system of the years gone by is now replaced by electronic systems that receive orders from traders through the Internet to match these orders with other orders for execution of a transaction. In an electronic exchange the clearinghouse regulated by a supervisory body and the government acts as an intermediary, to deliver lower costs, security, reliability and a global reach for trading in commodity contracts and commodity derivatives. The OTC market in the United Kingdom is less strictly regulated than the exchanges listing commodity contracts and commodity derivatives, but this market offers flexibility for those with needs that standardised commodity listed contracts cannot satisfy. A literature review and semi-structured interviews with commodity traders with expert knowledge assist the research together with the case studies for Vitol and Glencore International. The research concludes that it is likely that the United Kingdom commodity market will continue to attract interest from all around the world with a promise for delivering more for less even into the future. Contents Chapter 1 Introduction 1 1.1 Background 3 1.2 Objectives of the Research Study 6 Chapter 2 Literature review 8 2.1 The Impact of Electronic Trading on Commodities 8 2.2 Contracts on Commodity Exchanges 10 2.3 The Trading House and Trading Commission in Exchanges 11 2.4 The Financial Services Authority (FSA) 12 2.5 The London International Financial and Futures Exchange (LIFFE) 13 2.6 Trading on the LIFFE CONNECT 15 2.7 Buyers and Sellers on Electronic Exchanges 17 2.8 Types of Orders on the LIFFE CONNECT 18 2.9 Basics of Commodity Trading 21 2.10 Commodity Derivatives 22 2.11 Over-the-Counter Trades 23 2.12 Regulation of Commodity Tradin g 25 2.13 The Markets in Financial Instruments Directive (MiFID) 27 Chapter 3 Methodology 30 Chapter 4 Results of Semi-Structured Interviews 37 Chapter 5 Case Studies 44 5.1 Vitol Case Study 44 5.2 Case Study for Glencore International 47 Chapter 6 Analysis and Interpretation 51 Chapter 7 Conclusions and Recommendations 65 Appendix A - Questionnaire for Semi-Structured Interviews 69 Appendix B - Consent Form 74 Bibliography / References 76 List of Figures Figure 1: Change in Commodities Trading in the United Kingdom over the Years 53 Figure 2: Commodity Assets under Management in the United Kingdom 55 Figure 3: OTC Derivatives Trading in Commodities in the United Kingdom 56 Figure 4: Commodity Trading on Exchanges in the United Kingdom 57 Figure 5: A Comparison of Commodities, Stocks and Bonds in the United Kingdom 58 Figure 6: Breakdown of Exchange Traded Commodity Securities in the United Kingdom 60 Figure 7: Value of London Bullion Market Clearing 61 Figure 8: A Comparison of Lon g-Term Commodities Returns based on the Goldman Sachs Commodities Index 62 (This page intentionally left blank) Chapter 1 Introduction Agricultural commodities, minerals, crude oil, metals, natural gas and even energy in the form of electricity are among the fundamental inputs for production and consumption in all societies (Schaeffer, 2008, Pp. 1 – 5). Thus, resource commodity markets are vital for all regions and nations because these markets play a central role in economic development, international trade, and global economic and political stability. Commodity markets enable resource-producing nations to earn export revenues by linking

Faith-Based Social Service Organization Essay Example for Free

Faith-Based Social Service Organization Essay Habitat for Humanity does not give away free homes to anyone. Habitat for Humanity provides housing that families can afford. Every family that receives a home puts in as much work as a volunteer and they contribute 300 to 500 hours of sweat equity on the construction of their home or someone elses home, as their website states. The website states there are a lot of myths about Habitat for Humanity. People assume families receive completely free homes, when in fact this is not true. A lot of hard work goes into building these homes and all of the future home owners put in an equal amount of hard work. Habitat for Humanity receives many donations for a new home and provides the family with an affordable mortgage. Habitat for Humanity states â€Å"Habitat for Humanity offers homeownership opportunities to families who are unable to obtain conventional house financing. Generally, this includes those whose income is 30 to 50 percent of the areas median income. In most cases, prospective Habitat homeowner families make a $500 down payment. † Habitat for Humanity is a Christian based organization, but does not discriminate against religion. Habitat for Humanity provides homes for families of any religion, race, or any other difference. Habitat for Humanity also provides faith in communities and in stows Christian beliefs into families of need. Habitat for Humanity states â€Å"Habitats ministry is based on the conviction that to follow the teachings of Jesus Christ, we must love and care for one another. Our love must not be words only— it must be true love, which shows itself in action. Habitat provides an opportunity for people to put their faith and love into action. We bring diverse groups of people together to make affordable housing and better communities a reality for everyone. Habitat for Humanity has a strong Christian background; however, they accept anyone that believes in providing help for others. Habitat for Humanity also receives government funding to help families in need of homes. They accept donations from the government, but do not accept donations if it affects their Christian beliefs. Habitat for Humanity states â€Å"Habitat is an independent, nonprofit organization that accepts some government funds and other resources to help provide houses for those in need. We accept these funds as long as they do not limit our ability to demonstrate the love and teachings of Jesus Christ. Additionally, our local affiliates insert specific guidelines as needed to avoid becoming dependent on or controlled by government funds. † I found this statement to show how strongly faith-based this organization is. Habitat for Humanity is a very excellent organization and provides people with much more than just a home. They give families faith in their futures and provide a sense of stability for a family. I believe Habitat for Humanity has volunteers who are knowledgeable about the organization’s beliefs. I believe the lucky families also know about Habitat for Humanity’s beliefs and views of Christianity.

Effects of Globalisation in Education Essay

Effects of Globalisation in Education Essay Globalisation has brought about many changes in human lives. Globalisation, which started off in the West, was brought about by many factors. Some of it is the the emergence of the information technology and also the economic competition between different countries (Jarvis, 2007, p. 44). Here, it is obvious that globalisation was about the economic benefit at first and later had also impacted many others categories of human lives such as education and environment. The impacts and effects of globalisation could be seen everywhere, from the food industry to the music that one listens. Some would argue that globalisation benefitted the mass, and therefore it is something good. However, some would refute by saying that globalisation has also had some negative impacts. Therefore, I would like to find out and discuss the effects of globalisation specifically in education. This paper would examine closely the effects of globalisation in education in terms of commodification, internationalis ation, citizenship and also accessibility of knowledge. This essay would argue that although globalisation brings some positive effects, it also brings some negative effects that sometimes could be considered to outweigh the benefits of it. The arguments will be put forward by first defining globalisation and then highlighting some of the different types of globalisation. This will be followed by discussing the impact of globalisation in education in terms of commodification, internationalisation, citizenship, and accessibility of knowledge. Last but not least, this essay will discuss the implications for teachers in a Malaysian secondary school classroom. Definition of Globalisation There are tremendous amount of literature on the definition of globalisation. Globalisation seemed to an easy word to define at first. However, there are many definitions of it where each and one of these definitions are looked from various different perspectives such as social, economy and political perspectives. From an political point of view, Beck (2000, p. 11) defines globalisation as a process through which transnational actors undermine sovereign national states with varying prospect of power, direction, identities, and network. From a communication point of view, globalisation as a concept refers to both to the compression of the world and the intensification of consciousness of the world as a whole (Robertson, 1992, p. 8). Similarly, Luke (2005), stated that globalisation is how the world is shrinking in the sense that people can communicate to each other instantaneously through the use of technology especially the internet. On a different plane, Waters (1995, p. 3) looks at globalisation as a social change where physical boundaries of place on the social and cultural aspects are diminishing and the public are aware that it is diminishing. Looking from a social perspectives or point of view, globalisation is the escalation of global social relations which connect far localities in such a way that local events are influenced by events occurring in the far distance and vice versa. (Held, 1991 cited in Morrow & Torres, 2000, p. 29). Therefore, it can said that globalisation is the weakening of the physical boundaries surrounding the nation or states, in which affects aspects of human life such as culture, social interaction, economy, politics and many other aspects. The less visible boundaries mean that people are more likely to interact with each other. If the interaction is between people or party of same position or status, the interaction could be in a neutral way. However, if the interaction is between people or party of unequal status or power, the more privileged will tend to influence the less privileged it can also happen that the less privileged might want to imitate the more privileged in order to live the same condition as the opposite party. When looking at the definitions of globalisation, it is important to also highlight the different types of globalisation. Here, cultural, economy and political globalisation will be discussed closely. Cultural globalisation is about the spread of one stronger element of culture, which in many cases, would be the American culture. This is done through the American media which penetrates most parts of world. Songs, films, and many more are easily available around the world (Jarvis, 2007). Besides, he also argues that many new cultural institutions have become industries where these institutions are trying to sell their culture. However, one would argue that cultural globalisation could also strengthen the culture in particular society if the member of the society choose to resist the wave of global influx of different foreign culture. According to Jones (1998, p. 146), cultural globalisation includes deteriorating religious mosaic, a deteriorating cosmopolitanism and diversity, widespread consumption of simulations and representations, global distribution of images and information and universal tourism. Therefore, it can be said that cultural globalisation is the process where the l ocal cultural aspect of a community disappears in certain rate and substituted with a global culture. On the other hand, economy globalisation includes several aspects such as transnational companies. Transnational companies are companies that operate at a global level without needing to follow a certain nations law and regulation (Bottery, 2006). These companies bring profit to the nation through taxation. These companies possess a huge influence as they are not bound to a countrys law. Transnational companies have power beyond the nations or the states (Jarvis, 1998). Besides, economy globalisation also includes the bigger organisations such as International Monetary Fund (IMF) which provides loan and fund to developing countries. However, it is crucial to highlight here that this economy globalisaton is the setting of other types of globalisation (Bottery, 2006). This is because economy is the source of income and the setting of work for people. According to Jones (1998, p. 145), economy globalisation includes freedom of exchange between localities with flows of services and symbo lic commodities, balance of production activity in a locality determined by its physical and geographical advantages, minimal direct foreign investment, flexible responsiveness of organisations to global markets, decentralised, instantaneous and stateless financial markets and free movement of labour. Political globalisation looks at the diminishing power of the state where due to globalisation, the power is local authority might be weakening. According to Jones (1998 p. 146), political globalisation is portrayed through an absence of state sovereignty and multiple centres of power at global, local and intermediate levels, local issues discussed and situated in relation to a global community, powerful international organisations predominant over national organisations, fluid and multi-centric international relations, a weakening of value attached to the nation-state and a strengthening of common and global political values. Thus, the meaning of being a certain country or nations citizen also gets blurred. The notion of citizen is not as a unified and unifying concept as before when there is certain loss of nation-state sovereignty, or the erosion of national autonomy (Burbules and Torres, 2000, p. 14). The Effect of Globalisation in Education Having looked at the brief categorization of globalisation in general, this section will focus on the effect of globalisation in education. This section will look at commodification, internationalisation, citizenship and accessibility of knowledge. Commodification is the term used to describe commodification can be seen in two ways, the displacement of use values by exchange values or in general to describe how consumer culture becomes embedded in daily lives through various ways (Ball, 2004, p.4). This consumer culture that is a global phenomenon today has also affected the education sector. Commodification of education is evident from the primary school to the higher education. Many are affected by, especially the parents and the students. Due to the competition for the entrance of an excellent school, parents and the learner will be under a lot of pressure to prepare themselves so they can qualify to this prestigious or high-league table-ranked schools. The society without noticing is drawn to this concept of education commodification due to the societal pressure. Similarly, the teachers and staff in these schools are forced to work hard to maintain the schools league table position so they can maintain the financial support from the government. The demands of competition, the information provided by League Tables, pressures from the state for performance improvement and target-achievement and per-capita funding, in a period of spending constraints, work together to create local economies of student worth where schools compete to recruit those students, most likely to contribute to improvements and performance (Ball, 2004, p. 10). Therefore, in this situation the commodification of education does not really seem to benefitting the learners, or the even parents. This cycle of incentives for performance is not something good as it contradicts with the value of education. Due to globalisation, the power of sovereign has been reduced. Instead, there is a new concept of citizenship emerging (Capella, 2000).Capella argues that in light of globalisation, citizenship has run away from private sphere and is more open. Besides, democracy is also a sign of the reduced function of citizenship. This has also an effect in education where the introduction of module and courses on being a global citizen. These courses also echo the concept of democracy. .Another effect of globalisation is the internationalization of education. Internationalisation is the process of intergrating an international or intercultural dimension into the teaching, research and exercise function of the institution (Knight, 1994, p. 16 cited in Knight, 1999). Internationalisation is about globalisation. Internationalisation happens usually at higher level education. There are many reasons for the internationalisation of the higher education. One of it is the internationalisation will help foreign policy of a country. Through internationalisation, a country will be perceived as welcoming and friendly to the different cultural aspects. In other words, internationalisation will indicate that the country appreciates the various cultures that exist are open to accepting them. On an economic point of view, internationalisation will help attract investment from foreign countries to a country. This will boost the countrys economy through the investments (Knight, 1999 ). By internationalisation, the quality of teaching and learning process could be improved. This is because internationalisation encourages acceptance of various culture and integrates this in the teaching and learning process. The students will be exposed to various source of knowledge about the world. This knowledge of the world will help the learners to understand and make sense the difference and similarities people around the world have from one culture to another. Besides, internationalisation will also encourage partnership between various universities around the world. This is because through internationalization, one common medium of interaction will be chosen between the cooperating universities, which will likely to be English. Having a common language and some similarities will further encourage cooperation work between universities from different countries. Another effect of globalisation in education is that the accessibility of knowledge. Through the internet, many different kind of knowledge are readily accessible on the internet (Robertson, 1992). This means the acquisition of knowledge by students are much faster since there they have wide range of knowledge available for them. This would help students and teachers in their learning process. This rapidly growing information on the net could facilitate learning process by providing references and validating certain concepts that the learners are confused or unable to comprehend. Besides, the teachers and learners can build a network system through the net where they can talk and communicate with teachers and students from any part of the world through the internet. This would help teachers and learners to create a global view of education n based on their communication with people from around the world. However, this might also be a problem for the students since with the huge amoun t of information available on the net, the reliability of some of the information is sometimes questionable. Therefore, it is important for the learners to be able to distinguish between reliable and unreliable information. Besides, it is also important for them to be able to choose and pick which information that is suitable for them. The downside of this body of knowledge available on the internet is that it cannot be accessed by people in certain parts of the world where the communication technology is not at par with the latest communication technology (Burbules, 2000). This in a way widens the gap between the education progress in a developed country with a well-equipped information technology facilities and the education progress in a developing country with poor information technology facilities. In a less progressed country where it is already a struggle to maintain teaching and learning process, the people will not know what they have missed by the lack of facilities. Another aspect of the manifestation of the accessibility information is the distance learning (Foley, 2003). Distance learning is the teaching and learning process which does not happen in a physical classroom, but instead happens in a virtual classroom. This distance learning was already available before the existence of the internet through the use of post. However, the invention of the internet has taken distance learning into a whole new level. Distance education has enabled more people to gain access to education through the many different types of online courses offered by universities and other online course providers. One of the benefits of this distance learning is that the learning process can be done in learners own time, without any peer pressure form classmates. However, the drawback of distance learning is that the reduced or loss of the human touch in the learning and teaching process. Human touch in the form of communication with one another is important in learning. Implications to Teaching and Learning Process in a Malaysian Secondary Classroom. Having discussed the impact of globalisation in education on a global level, tis section will try to relate back the impact of globalisation in education in a Malaysian context, specifically in a Malaysian secondary classroom. Malaysian secondary classroom consist of students for the age of thirteen to seventeen. These students come from various backgrounds. First and foremost, one of the main implications the effect of globalisation in a Malaysian context is the teachers and students should be aware of the effect of globalisation in education to the Malaysian education system and also to the global education policy and reforms. Here, the teacher training college plays a crucial part in incorporating the effect of globalisation in education to the teacher trainees. This is so that future teachers will be aware of the effects of globalisation and then try to inform the students and then create awareness in the students. Besides, it also a teachers responsibility to make the learners aware of the multi dimension of globalisation that exist beyond Malaysia. This will help the learners to be able develop critical thinking based on their awareness of the world around them. Furthermore, the appreciation of unique multicultural society that exists around the world, not only in Malaysia should be made known to the learners. On a similar note, it is important to realise that a teaching method or education policy that is a success in one environment is not necessarily can be taken and put it into another context. This might not work as the context is as important as the policy itself. Another implication that can be drawn from the discussion above is that it is important to realize that the abundance of information and knowledge available on the internet comes with a price as well. The implication of these to the Malaysian education especially in a secondary classroom is that the learners should be equipped with the necessary skill to filter the knowledge and then distinguish between facts and non-facts. In order to do this, the teachers should give some exposure of this kind of activity in the classroom. This will help learners, the secondary school students to be able to pick and choose the fact from the rest. Besides, it is also important to be able to pick the information which is useful for the individual rather than using all the information available. CONCLUDING REMARKS Globalisation is a powerful process that has influenced many aspects ranging from education to politics and economy. Even in the field of education, globalisation has touched and influenced many parts of education. The internationalisation, the distance learning, the new form of citizenship and commodification are the examples of the endless effect of globalisation in education. On the surface all these seem to be having a positive effect on the education section. However, upon detailed scrutiny of these impacts on teachers, educators and learners in particular, it is evident that globalisation can also negatively impact the learners, teachers and educators. The crucial question here is whether these negative effects outweigh the positive or vice versa. Besides, another thought provoking question is whether the advantages of globalisation is worth fighting for. Therefore, a future teacher who would be directly in the education system facing all this kind of situation should be aware of the impact of globalisation in education and are able make conscious decision about it.

2pac Shakur :: essays research papers

Tupac Shakur grew up around nothing but self-delusion. His mother, Alice Faye Williams, thought she was a "revolutionary." She called herself "Afeni Shakur" and associated with members of the ill-fated Black Panther Party, a movement that wanted to feed school kids breakfast and earn civil rights for African Americans. During her youth she dropped out of high school, partied with North Carolina gang members, then moved to Brooklyn: After an affair with one of Malcolm X's bodyguards, she became political. When the mostly white United Federation of Teachers went on strike in 1968, she crossed the picket line and taught the children herself. After this she joined a New York chapter of the Black Panther Party and fell in with an organizer named Lumumba. She took to ranting about killing "the pigs" and overthrowing the government, which eventually led to her arrest and that of twenty comrades for conspiring to set off a race war. Pregnant, she made bail and told her husband, Lummuba, it wasn't his child. Behind his back she had been carrying on with Legs (a small-time associate of Harlem drug baron Nicky Barnes) and Billy Garland (a member of the Party). Lumumba immediately divorced fer. Things went downhill for Afeni: Bail revoked, she was imprisoned in the Women's House of Detention in Greenwich Village. In her cell she patted her belly and said, "This is my prince. He is going to save the black nation." By the time Tupac was born on June 16, 1971, Afeni had already defended herself in court and been acquitted on 156 counts. Living in the Bronx, she found steady work as a paralegal and tried to raise her son to respect the value of an education. From childhood, everyone called him the "Black Prince." For misbehaving, he had to read an entire edition of The New York Times. But she had no answer when he asked about his daddy. "She just told me, 'I don't know who your daddy is.' It wasn't like she was a slut or nothin'. It was just some rough times."When he was two, his sister, Sekyiwa, was born. This child's father, Mutulu, was a Black Panther who, a few months before her birth, had been sentenced to sixty years for a fatal armored car robbery. With Mutulu away, the family experienced hard times. No matter where they moved-the Bronx, Harlem, homeless shelters-Tupac was distressed. "I remember crying all the time.

Oedipus Rex vs. Hamlet

A snake, which weaves itself throughout the veins of a family, spews its fatal venom into capillaries and infecting the soul. The poison of betrayal, despair and the disease of the psyches cloud the mind in both Oedipus Rex and Hamlet. In both instances, all characters fall victim to a shattered world, ripped apart by failed expectancies. Prince Hamlet and King Oedipus both watch as their families become dismembered. There was a pattern of ideals that were violated and corrupt, progressing the plays’ actions. The helping hands which aided the unraveling of their lives were perverted concepts, everyday characteristics needed to lead a sane life. These corrupt philosophies which color the pages of these plays touch on the ideals of cursed love, crumbled loyalty, a broken family and the virtue of suffering; all of which aid in the destined doom of the characters. Love is golden, pure. It’s the saving grace which sheds light in the darkest of nights. But in our main characters’ stories, it’s part of their downfall. In both novels, love is one of the threads that are snapped. The tainted, incestuous love of Jocasta and Oedipus Rex helped to prove the prophecy true. It was essentially a mockery of what love is, for they believed it to be true but in the end what they really felt was the love of a mother to her son. Teiresias lays the first seed of their crime, crying to him, â€Å"I say thou livest with thy nearest kin in infamy, unwitting in thy shame. † As the truth unfolds and the couple begins to realize the depth of their sins, the love which they once knew morphs into an ugly, distorted perversion. It resulted in Jocasta’s suicide and Oedipus’s loss of sanity. The revolting reality that the truth posed was too much for the characters to rationalize. In the case of Hamlet, Ophelia’s rejection only added to the deep depression that already colored the Prince’s mind. Hamlet’s spurned desire caused him to alienate Ophelia, leaving him lonelier and believing that there was no one there for him. As he was contemplating suicide, he includes the â€Å"pangs of despised love† as one of the wounds that ravage his mind. Our Prince is angered by Ophelia’s rejection and unleashes his wrath on her, accusing that â€Å"God has given you one face and you make yourselves another. You jig and amble, and you lisp, you nickname God’s creatures and make your wantonness your ignorance. † His isolation and cruelty left Ophelia reeling and despairing, thus ending with the taking of her own life. Another instance of â€Å"incest† was between Claudius and Gertrude. The taboo of their relationship brought about Gertrude’s death and added to Hamlet’s reasons for avenging his father by murdering Claudius. When the cement bonds of family are crushed and ground into dirt, it could cause one to question their life, their worth. All they’ve known vanishes. Family is the stoic rock that is supposed to support you, be there for you in times of need. As Oedipus inadvertently betrays himself and his family, he spells out the demise of his blood line and all others involved. His family becomes a perversion of what a true one should be, spawned out of betrayal and sin. His realization of his broken family snaps his sanity, crying out, â€Å"Then had I never come to shed my father's blood nor climbed my mother's bed; the monstrous offspring of a womb defiled, co-mate of him who gendered me, and child. Was ever man before afflicted thus, like Oedipus? because of the God’s will, he kills his own father and sleeps with his mother. He’s fulfilling the prophecy and his destiny, committing taboos that will end up ripping apart the seams of his rational mind. The betrayal of Jocasta and Laius helped the story to progress as well. If they’d never abandoned their newborn son for death, Oedipus might have avoided ignorantly sleepi ng with his mother and carelessly murdering his father. The cursed King also broke the trust of his people. He alone was the cause of the plague that claimed so many innocent citizens of Thebes. Oedipus only wasted time and effort trying to search for the culprit when it was he who was the villain, accusing the innocent of treachery and pointing his finger at all the wrong places. The lover’s tryst between Ophelia and Hamlet could be categorized as betrayal as well as spurned love. Hamlet looked to the woman he loved for support in his dark time, but she refused him and sent him away at the advice of her father. He illustrates his sense of deception when he says, â€Å"Ay, truly, for the power of beauty will sooner transform honesty from what it is to a bawd than the force of honesty can translate beauty into his likeness. This was sometime a paradox, but now the time gives it proof. I did love you once. † The advice Ophelia received from Polonius to stop seeing Hamlet made the Prince believe that she was just a whore, playing with his emotions. The relationship of Gertrude and Polonius also created a sense of disloyalty for Hamlet. The Queen hardly endured the mourning period of her late husband before diving into bed with King Hamlet’s murderer. Hamlet formulated a distrust for women as a result of his mother’s actions, lashing out at Ophelia exclaiming, â€Å"Get thee to a nunnery. Why wouldst thou be a breeder of sinners? I am myself indifferent honest, but yet I could accuse me of such things that it were better my mother had not borne me. † Once Hamlet learned that his mother was not only sleeping with the King’s brother, but his murderer as well, the knife of disloyalty cut even deeper. Revenge then began to taint his mind with the realization of this great betrayal. But, the driving force behind the thirst for the death of Claudius came from the broken trust between brothers. As Claudius poured the venom into King Hamlet’s ear, it sealed his own death. In both Hamlet and Oedipus Rex, the drama revolves around a broken and disjointed family. Your relatives are those you trust, a net to catch you from any treacherous fall. Oedipus tears apart his family as he taints it with murder and incest, incurring his madness and his parent’s demise. He knows that because of his dark deeds, he has set a life for his daughters in which they’ll always be haunted by his actions. His knowledge of this sin makes him spurn himself, â€Å"Their father slew his father, sowed the seed where he himself was gendered, and begat these maidens at the source wherefrom he sprang. Jocasta and Laius also aided in the destruction of their family’s foundation when they tried to kill their own son. Oedipus narrates this when he claims, â€Å"No, let me be a dweller on the hills, on yonder mount Cithaeron, famed as mine, my tomb predestined for me by my sire and mother, while they lived, that I may die slain as they sought to slay me, when aliv e. † But, destiny won out and punished them for their cruelty, for the prophecy was still fulfilled. In the case of Hamlet, Claudius takes a sledgehammer to the Royal family of Denmark when he kills his own brother. This action was the spark which ignited the flame that would engulf the entire family. The Ghost of King Hamlet exposes the treachery of his brother, revealing â€Å"But know, thou noble youth, the serpent that did sting thy father’s life now wears his crown. † The loss of his father was the initiating action that commenced Hamlet’s depression and the discovery of Claudius’s role spurs him to consider murdering Claudius. When Hamlet finally avenges his father, he makes his uncle’s broken brotherhood known, â€Å"Here, thou incestuous, murderous, damned Dane, drink off this potion. Is thy union here? Follow my mother. † Another family wrecked in the play was Polonius’s family. As a conspirator to Claudius, he received his karma when Hamlet killed him. His action brought down his children as well. He convinced Ophelia to disregard Hamlet’s advances, thus incurring the Prince’s loathing for her and making her commit suicide. Claudius convinced Laertes that Hamlet was sick in the mind, dangerous, and the cause for the death of his family. The actions of the two men brought down this second family, as Polonius’s children were lured into the deceiving web of lies which they had spun. Like the venom poured into King Hamlet’s ear, another type of poison seethed into the minds of our plays’ characters. These doomed persons both endured torturous suffering of the mind and the heart. In Oedipus Rex, Jocasta couldn’t bear the knowledge of the terrible sins she had committed. In her last despairing words, she cries â€Å"O woe is thee, poor wretch! With that last word I leave thee, henceforth silent evermore. † Oedipus couldn’t stomach his own tainted self and whatever was left of his corrupted family. His plea cries for blindness, to blacken all that is sinful, â€Å"Dark, dark! The horror of darkness, like a shroud, wraps me and bears me on through mist and cloud. Ah me, ah me! What spasms athwart me shoot, what pangs of agonizing memory? † But no matter what he does, he cannot escape his sins, even as he stabs his eyes. The suffering of these characters, brought on by the knowledge of what they had committed, was the ultimate weapon which ended them. Our Prince Hamlet was inflicted with the disease of the mind, depression. It lingered in the corners of his mind, a black cloud which fostered his dark thoughts and wishes to avenge his father and all who has wronged him. Hamlet also questions the validity of living, whether it was worth it. â€Å"To be or not to be? † To live or not to live? He’s outlining his depression in that soliloquy, debating â€Å"whether ‘tis nobler in the mind to suffer the slings and arrows of outrageous fortune or to take to arms against a sea of troubles and by opposing end them. † He paints the image of his tired mind set, for â€Å"who would be the whips and scorns of time? There is also poor Ophelia, who has cracked underneath her ex-love’s cruel words. â€Å"Well, God'ield you! † She cries in her insanity, â€Å"They say the owl was a baker’s daughter. Lord, we know what we are, but know not what we may be. God be at your table. † She cries her nonsensical words, demonstrating her fragile state of mind. She ultimately becomes so haunted by the stinging words of Hamlet that she cannot bear her life any longer, thus drowning herself. Both of these characters’ sufferings gave rise to their final death. In the works of Oedipus Rex and Hamlet, the main characters all suffer a tragic end. It’s the themes that permeate the pages which causes their ultimate doom. When a chain of events are set into motion, un-foretold consequences may lurk behind. And so those consequences begin to taint the concepts that we all inherently rely on for a happy life. As human beings, we strive to attain love, to be accepted into one’s heart and to do the same. Accompanying love is the expectancy of fidelity. When Prince Hamlet witnessed the countless deceptions, he lost faith in his fellow man. Also family, in which there are ties that are stronger than ever, is expected to remain truthful and just to their relationships but this is violated in both plays. As a result, the violation of all the expected concepts brings about the plague of despair that infects one’s mind. At the realization that life isn’t living up to what they hoped for, questions of existence arise. And so these ideals of cursed love, crumbled loyalty, a broken family and the virtue of suffering all spelled out the imminent demise of our poor characters.

Korean war excusable

Korean war excusable Five years after Korea was partitioned into South and North Korea, the two countries began combating. Led by Kim Il Sung, the North launched a surprise invasion southwards on June 25th 1950. After nearly taking over the entire peninsula, American forces, alongside those of the United Nations, got involved in an attempt to drive the communists back. In due time the Chinese got involved in the conflict as well. This escalation brought forth what is today known as the Korean War. While searching for the grounds of this aggression, it is vital to acknowledge that causes are bound to be numerous in number.Firstly, the fact that China had just become a communist state indeed presents itself as an important aspect of the commencement of the Korean War, as it lead to the United States putting more effort into stopping the spread of communism southward from North Korea. China falling victim to communism in October of 1949 was a major blow to the United States as it stood out as a failure of i ts containment policy, which was meant to stop the spread of communism, and opened up a completely new array of worries concerning the political standpoints of china's many neighboring nations, potential application of domino theory.Original description: "Supply warehouses and dock ...

Asturias, The Spanish Autonomy essays

Asturias, The Spanish Autonomy essays Spain is a country filled with diverse cultures and many exciting sights. These sights can be seen in the most rural part of the country or the most densely populated. Asturias is an autonomy located in the North West portion of Spain. Autonomies are self-governing bodies, which are comparable to the States of the United States. For those of you who arent familiar with Spain, Asturias lies between Glacia and Basque Country. In 1978 it was granted a pre-autonomy regime and on January 11th 1982 its Autonomy Statute came into effect. This officially gave the historic name of Principality of Asturias. The three largest cities in Asturias are Oviedo, Gijon, and Aviles. The region's capital, Oviedo, located more or less at its geographical center, is especially remarkable for its pre-roman monuments and its great cathedral. Gijon is a historic city, founded by Romans, and is today one of the most important sea-ports and offers active cultural life. Aviles is one of the oldest settlements of the area, is of great economical importance too, but conserves as well its traditional style. Some seem refer to it as the industrial capital of the autonomy. Throughout history, the Asturians have been regarded as quite rebellious. This attitude dates back to ancient times when they, along with the Cantrabrians, resisted the emperor Augustus at a time when the rest of the peninsula was under the tight grip of Rome. The Asturians succeeded and thrived for many years. Around the 10th century, the Asturian monarchy shifted southward. The capital of Asturias was changed from Oviedo to Leon. The monarchy began to call itself Leonese. Although it was now regarded as a providence of the Castilian Leonese Crown, Asturias played an important role in the Spanish battles during the Middle Ages. In 1388, during the rule of Juan I, a new government was formed and it was decided that the title Prince of Astu...

The eNotes Blog I Celebrate Myself, and Sing Myself 200 Years of WaltWhitman

I Celebrate Myself, and Sing Myself 200 Years of WaltWhitman American poet Walt Whitman (1819–1892) was born two-hundred years ago today. Alongside Emily Dickinson, Whitman is probably the most influential poet in American history. As Dickinson discovered new possibilities in concision, density, and depth of linguistic meaning, Whitman explored expansive new vistas in structure and subject matter. He composed long lines to devour every topic under the sun- and then some. His poetic project took the appropriate form of a single ever-expanding book, Leaves of Grass, which he first published in 1855 and then altered and augmented until his death nearly four decades later. Whitman is difficult to classify as a poet because he constantly resisted definitions and boundaries. Was he a poet of the personal lyric? Sometimes. A political poet? At other times, yes. A war poet? Undoubtedly. A poet of metaphysics? When the urge struck him. A sensual poet? Often. An early passage from Leaves of Grass, drawn from the annunciatory poem â€Å"Starting from Paumanok,† illustrates Whitman’s tendency to gather every sphere of human interest: Victory, union, faith, identity, time, The indissoluble compacts, riches, mystery, Eternal progress, the kosmos, and the modern reports. This then is life, Here is what has come to the surface after so many throes and convulsions. This stanza illustrates Whitman’s signature approach to both substance and style. Rather than training his lens on a single detail or image, as Dickinson would, Whitman draws a circle around, well, everything. In his world, the grand and timeless rubs shoulders with the local and immediate: â€Å"the kosmos, and the modern reports,† as he puts it. His fluid but controlled verse style expresses the character of his thoughts. Three lines of pentameter list off the subjects of life, followed by the terse, breathless dimeter of â€Å"This then is life† and finally concluded by the elongated octameter of the last line. The range of his mind resounds in the rhythmic range of his lines. Whitman’s contribution is key to understanding the last century of poetry, both in the United States and abroad. He unbuttoned the strictures of formal poetry, allowing his language to unfurl in flowing free verse. Ever since, countless poets have walked in his path, opting for free verse and the versatility it affords. Whitman also gave the United States its national epic in Leaves of Grass, whose ethos of expansiveness and inclusivity and democracy reflects the best values of the young nation. Consider this passage from the poem â€Å"Our Old Feuillage,† a dizzying geographic tour through the United States: O lands! all so dear to me- what you are, (whatever it is,) I putting it at random in these songs, become a part of that, whatever it is, Southward there, I screaming, with wings slow flapping, with the myriads of gulls wintering along the coasts of Florida, Otherways there atwixt the banks of the Arkansaw, the Rio Grande, the Nueces, the Brazos, the Tombigbee, the Red River, the Saskatchawan or the Osage, I with the spring waters laughing and skipping and running, Northward, on the sands, on some shallow bay of Paumanok, I with parties of snowy herons wading in the wet to seek worms and aquatic plants†¦ Whitman’s charm here lies in his combination of the vast and grand (â€Å"O lands!†) with the minute and matter-of-fact (â€Å"snowy herons wading in the wet†). This passage also shows the full breath of Whitman’s lines, which can reach the scale of paragraphs. Finally, these lines reveal that Whitman is fundamentally a poet of praise. His work gravitates towards all that is beautiful and awe-inspiring about the experience of life. His great power is to find the words, phrases, and lines which evoke beauty and awe in us. On that note, we’ll end with one of Whitman’s masterpieces, â€Å"When I Heard the Learn’d Astronomer†: When I heard the learn’d astronomer, When the proofs, the figures, were ranged in columns before me, When I was shown the charts and diagrams, to add, divide, and measure them, When I sitting heard the astronomer where he lectured with much applause in the lecture-room, How soon unaccountable I became tired and sick, Till rising and gliding out I wander’d off by myself, In the mystical moist night-air, and from time to time, Look’d up in perfect silence at the stars.

Family Observation Assignment Essay Example | Topics and Well Written Essays - 1000 words

Family Observation Assignment - Essay Example The two biggest antagonist in the movie Jackie and Isabel have nothing in common and their relationship is characterized by suspicion and contempt. As a result of the friction, Jackie husband occasionally gets a lashing from his wife who believes that Isabel wants to benefit from even though she (Jackie) has struggled hard to make their family compact. The relationship among the adults (Jackie, Luke and Isabel) in the movie is brought to light. There are many instances of bickering because Jackie occasionally confronts her husband who seems to like Isabel. The communications that the adults have in the beginning of the movie is full of resentment and, sometimes, lies. For example there is an instance when Isabel brings a dog in the family house but Jackie tells her that she is allergic to dogs. Once Isabel is not in the scene she (Jackie) takes the dog into the house; this shows that she lied about her allergic reactions. Similarly there is another instance when one of the children, ben gets lost under the watch of Isabel. Jackie is furious and reprimands Isabela and says that he has never gotten lost under her watch. It later emerges that that statement was false since she too had lost Ben at some point. Jackie and her husband also have constant arguments in the course of the conversation. Most of the times the reason for bickering is over how to manage Isabel as well as the children. Jackie gets furious in most cases while speaking to the adults because she feels they do not do enough to care for the children. Jackie is often over bearing because she is too protective of her children. On one hand she loves them very much and would love them to have a good life once she dies while on the other hand she does not want them to be spoilt by the future step mother (Isabel). Essentially the story revolves around two women (Jackie and Isabel) both who mean well but do not seem to have a good way to forge a good relationship. They compete in any

Critically assess the view that banks in emerging markets weathered Essay

Critically assess the view that banks in emerging markets weathered the recent financial crisis (2007-09) better than banks h - Essay Example Critics would surely credit their phenomenal growth due to the global economic shift that has taken place during this period where China has become the world’s manufacturing center and back office. While these two happenings have indeed helped in the growth of Chinese banks, one should not lose sight of the equally important fact that while banks in developed western economies crumbled during the global meltdown during 2007-2009, Chinese banks weathered this economic turmoil without any apparent signs of wear and tear (The winners' dilemma, 2010). Reliance on old fashioned mores of banking Banks in India, China and Brazil still prefer to do banking in the so-called old fashioned manner of carrying out business. They depend almost entirely on deposits they can mobilize and never lend out more than they collect through deposits. Also, they never depend on economically unstable international financial instruments that promise huge possibilities of return but are forever volatile and dependent on a host of economic factors that are linked to health of diverse economies of the western hemisphere. If there is turmoil in one developed economy, its impact spread across the entire banking sector via these volatile international financial instruments (Rambo in cuffs, 2010). This conservative approach to banking is also reflected in the comparatively meager salaries and perks that chief executives of banks in emerging economies receive as remuneration. An example might put things in proper perspective. The chief executive of Chinese bank ICBC, the world’s largest bank in terms of market capitalization, received only $134,000 in 2009 which is way behind the remuneration of his peers in western banks (The bigger and bigger picture, 2010). Role of Governments of emerging countries The biggest difference between developed and emerging economies with regard to banking is the extent of involvement of government in banking activities. While governments of developed economies hardly have any say in how banks would be run, governments of emerging economies actively participate in the business of banking. This might initially seem to be an unwarranted governmental intervention in the mechanism of free market but on deeper analysis it becomes clear that governmental involvement shielded banks in emerging economies to a considerable extent from global turmoil during 2007-2009 (Mutually assured existence, 2010). In the matter of growth and expansion Chinese banks have beaten their emerging economy counterparts hands down. The profits of China Construction Bank, the second largest bank in the world, have grown to $16 billion which is decidedly higher than the profits of JPMorgan, Wells Fargo and Goldman Sachs, the three largest banks in United States of America. With such large scale expansion, the problem of bad debts has also increased more than proportionately. Chinese government has taken certain explicit steps to prevent bad debts from eating a way into the financial soundness of banks. In April 2010, Liu Mingkang, head of banking regulatory authority in China, issued clear instructions to

Why companies pay dividend Essay Example | Topics and Well Written Essays - 1500 words

Why companies pay dividend - Essay Example The different tax treatment between dividends and capital gains however generally work against the former. A number of companies pay dividends and in some, it is a given in the way their organizations are run. This paper will explore why anyone cares about it at all. Specifically, this paper will address the questions why companies pay dividends; why investors pay attention to it; do dividends affect an organization’s value and how do managers use dividends in the organizational financial management; among others. The idea is to identify whether dividends have any bearing or effect on an organization particularly in terms of equity and firm value. The review on the current dividend literature provided in the following section is particularly focused on the areas related to the positive and negative characteristics of dividends to business organizations. Such outline of studies was aimed at determining how other scholars answered the question posed by this paper. The review summarizes the current studies and research on dividends policy, particularly. An important dimension to the review, however, which would have a pivotal effect on this paper as a whole was the passage of the Jobs and Growth Tax Relief Reconciliation Act. The corpus of literature available in regard to corporate payout policy and dividends is extensive. However, this review would focus on two major areas: why do dividends matter for corporations and does it matter how business organizations distribute cash to its shareholders. Miller and Modigliani are considered to be the authorities in regard to framing dividend questions in their finance research. They, particularly focused on how dividend policy is considered a choice between financing with internal equity or financing with external equity. In their study, Miller and Modigliani offered proof that dividends do not matter in a world that is characterized by

Analysis Assignment Example | Topics and Well Written Essays - 250 words - 3

Analysis - Assignment Example A higher ratio is recommended since it indicates the firm’s ability to raise revenue from the investments. The 7th year had the best performance with approximately 24% return on equity this was followed by the 5th year; the 7th year exceeded the investor’s expectations while the 5th met the investor’s expectations. This is favorable to the stockholders since it implies that for every dollar invested the shareholder received 24 cents. The worst periods were 8th, and 10th year with negative ROI meaning the company was operating at a loss and 9th year when the ROI was 0. Stock Prices -Stock prices in most cases show the firm’s performance, a method of communicating to the public. The prices are expected to increase as the company grows. From the graph the investors have been expecting the prices to grow, the 5th and 7th years met these expectation while the rest of the years failed to do so. This is a bad image of the company and shows inefficient operations. In conclusion, the EPS, ROI, and stock prices are necessary tools to indicate on the firm’s performance and management efficiency. It is clear from the analysis that the 7Th year was the best performed followed by the 5th year. Poor performances were in 8th, 9th and 10th

Research report assignment Essay Example | Topics and Well Written Essays - 750 words

Research report assignment - Essay Example xpect and accept that power is distributed unequally† (Hofstede) as exemplified in Japan manifests the recognition of inequality in power structure that reverberates in the business applications. As explicitly disclosed, â€Å"some foreigners experience Japan as extremely hierarchical because of their business experience of painstakingly slow decision making process: all the decisions must be confirmed by each hierarchical layer and finally by the top management in Tokyo† (Hofstede par. 4). Therefore, in Japan, decision-making is expected to be based on more group consensus and structural hierarchical levels are observed prior to the approval of the man on the top of the organizational structure. The dimension of individualism is construed as the â€Å"the degree of interdependence a society maintains among its members† (Hofstede par. 5). It was thereby acknowledged that Japanese culture is more collectivists than individualists. In the scale that compares U.S. dimensions of culture with that of Japan, it was clearly apparent that the U.S. manifests predominance in individualism, with a score of 91 as compared to Japan’s 46. As such, the following characteristics were noted to manifest collectivism: U.S.’s 62. This is indicative of a society and culture that is â€Å"driven by competition, achievement and success, with success being defined by the winner / best in field – a value system that starts in school and continues throughout organizational behavior† (Hofstede par. 7). Likewise, according to DHerbais, et al., â€Å"the (almost) complete absence of expressed emotion, feelings and spontaneity during interactions dominates Japanese organizations. Respect for elders in Japanese Japan scored extremely high in uncertainty avoidance (92), indicating their aversion for uncertainty. Accordingly, it is reported that it takes a lot of time for Japanese to undertake new projects due to the need to be certain of all aspects and facets that influence them. As

The Prospectus and Dissertation Coursework Example | Topics and Well Written Essays - 250 words

The Prospectus and Dissertation - Coursework Example This comes in handy in determining the approval of the proposed dissertation. It introduces the problem statement and argues the case with facts on the importance of writing the dissertation to address the question. It is basically an overview detailing to the reader about the problem statement. This holds the key to approval. It is therefore important that it is written well and convincingly. When writing this part, the writer also has a chance of finding more facts about his planned dissertation from previous research. The writer’s opinions should be factual; personal judgments without basis could lead to the proposed dissertation being ruled out (Joyner and Glatthorn) The third element of the prospectus caters for the methodology that the writer plans to use. One should be wise to detail the methods of research and evaluation that are best suit for his or her scope of study (Gonzales, 47). It is important to detail the proposed methodology since the committee could also help with additions. It proves to them that the writer has a grasp of content in the dissertation topic and can therefore carry out meaningful research (Roberts, 97). Lastly, as the department of planning of University of California writes, the prospectus has a conclusion. It concludes the details highlighted therein and tends to beseech the committee to view the proposed dissertation as being worthy of their

Analysis Assignment Example | Topics and Well Written Essays - 250 words - 3

Analysis - Assignment Example A higher ratio is recommended since it indicates the firm’s ability to raise revenue from the investments. The 7th year had the best performance with approximately 24% return on equity this was followed by the 5th year; the 7th year exceeded the investor’s expectations while the 5th met the investor’s expectations. This is favorable to the stockholders since it implies that for every dollar invested the shareholder received 24 cents. The worst periods were 8th, and 10th year with negative ROI meaning the company was operating at a loss and 9th year when the ROI was 0. Stock Prices -Stock prices in most cases show the firm’s performance, a method of communicating to the public. The prices are expected to increase as the company grows. From the graph the investors have been expecting the prices to grow, the 5th and 7th years met these expectation while the rest of the years failed to do so. This is a bad image of the company and shows inefficient operations. In conclusion, the EPS, ROI, and stock prices are necessary tools to indicate on the firm’s performance and management efficiency. It is clear from the analysis that the 7Th year was the best performed followed by the 5th year. Poor performances were in 8th, 9th and 10th

The Prospectus and Dissertation Coursework Example | Topics and Well Written Essays - 250 words

The Prospectus and Dissertation - Coursework Example This comes in handy in determining the approval of the proposed dissertation. It introduces the problem statement and argues the case with facts on the importance of writing the dissertation to address the question. It is basically an overview detailing to the reader about the problem statement. This holds the key to approval. It is therefore important that it is written well and convincingly. When writing this part, the writer also has a chance of finding more facts about his planned dissertation from previous research. The writer’s opinions should be factual; personal judgments without basis could lead to the proposed dissertation being ruled out (Joyner and Glatthorn) The third element of the prospectus caters for the methodology that the writer plans to use. One should be wise to detail the methods of research and evaluation that are best suit for his or her scope of study (Gonzales, 47). It is important to detail the proposed methodology since the committee could also help with additions. It proves to them that the writer has a grasp of content in the dissertation topic and can therefore carry out meaningful research (Roberts, 97). Lastly, as the department of planning of University of California writes, the prospectus has a conclusion. It concludes the details highlighted therein and tends to beseech the committee to view the proposed dissertation as being worthy of their

Symbolized and What it Meant to America Essay Example for Free

Symbolized and What it Meant to America Essay Though the negative preconception of the general American public was the widely carried message of newspapers before and during the early days of the said event, this is not what was covered by Colliers article since it was released during the last day of the event already. Therefore, what the article presented as the sentiment of America for the event, in the context of what happened during the supposedly last day of the event, was that of respect and commendation over the behavior of the hundred thousands youths who attended the event. This is exemplified by the same paragraphs in the previous page that Collier used to convey a positive image for the event. If we are to extract the American sentiment over the event from those few that were interviewed for the article, it could be viewed that America was surprised by and approved of the behavior of the participants, which was characterized by astonishing courtesy, order, and harmony. Coming from an explicit expectation of negative behavior from the youth who were going to attend the event, it could have really been such a pleasant surprise to America that the youth was able to rise above all their preconceived notions. However, it would be also reasonable to imagine that along with the positive perception of the American public over the relative success of the event was the concern over what was revealed the prevailing culture of drugs among the youth. With the reports of the event showcasing how drugs adversely affects the health of the youth and even lead to death and how the youth blatantly welcome such practices and even treats it as a culture, there is little argument that the rest of America who are not part of the said generation and culture is worried over the possible results of such a phenomenon in the long run. Thus, basing from Collier’s article, it could be said that America’s perception of the event could have been a mixture of both positive and negative things. Positive in terms of respect over the triumph of the American youth in staging such a peaceful display of unity, and negative in terms of their concern over the impending effect of the youth’s blatant drug practices. However, the respect for the youth and their generation’s culture that has been planted by the event in the hearts and minds of the American people is something that could not be erased for generations to come. A. What the Event Symbolized and What it Meant to America In Collier’s article, what was portrayed as the symbolism of Woodstock for those who participated in it was â€Å"an incredible unification† of people. Woodstock, for the youth who attended it, was the fulfillment of their thrilling expectation of being able to meet strangers who shared their practices, beliefs, and culture. The event was also a fulfillment of the youth’s eagerness to experiment with drugs along with all the other people of their generation. This is based form a paragraph in Colliers article . As for the rest of America who were not there at Woodstock and who were not part of the culture that Woodstock fostered, the event could still have symbolized a positive thing. For them, Woodstock could have been a symbol that though the youth of America have been practicing a culture entirely different from that of the previous generations, that does not mean that the generation was of no good. Woodstock could have well been a symbol that the youth of that day deserved to be respected for being the beautiful people that they are and for the beautiful things that they are able to do, beyond the prejudice that they have been faced with. For America, Woodstock could have meant that where their youth puts their heart into, there would also be peace, harmony, and beauty.

Waitroses Brand Expansion

Waitroses Brand Expansion In 2000, Waitrose purchased 11 stores from rival Somerfield. During 2004, in order for Morrisons to meet competition regulations following its acquisition of Safeway, Morrisons had to sell 52 of the Safeway stores. The first batch of 19 stores were sold to Waitrose. In August 2005 Waitrose purchased a further five former Safeway stores from Morrisons. This took the firm as far north as Durham (now closed), fitting with its long term strategy to evolve into a national retailer. In December 2005, Waitrose also bought another store at Biggin Hill, south east London, from Morrisons. In March 2006, Waitrose announced the purchase of five additional branches, including two branches in Edinburgh, situated in Comely Bank and Morningside. The other three locations included Balham in South West London, Barbican in the City of London and Buxton in Derbyshire. In July 2006, Waitrose announced it had purchased another six stores from Morrisons and also a former Safeway regional distribution centre in Aylesford, Kent expanding Waitrose to 182 stores. The six stores which were rebranded into Waitrose are located at Hexham in Northumberland, Eastbourne in East Sussex, Formby in Merseyside, Parkstone in Poole, Dorset, Lymington in Hampshire and Portswood in Southampton, Hampshire. Since Morrisons began selling Safeway stores in order to meet competition regulations, Waitrose had purchased 31 stores from Morrisons since 2000 and 16 from Somerfield. In 2007 four new Waitrose branches opened, the first of which opened in Harborne in Birmingham. This was followed by Cheadle Hulme, Greater Manchester in July. The company also revealed plans to extend and refurbish a number of branches. During 2007, Waitrose opened branches across the United Kingdom including Ampthill, Bedfordshire, replacing a Budgens store in September, a second Waitrose branch in the South at College Town, Sandhurst, Berkshire in November and also a newly built branch in Rickmansworth, Hertfordshire. In March 2008, three branches were purchased from Budgens, in Buckingham, Bayswater, in West London. The same year, branches opened in Cardiff (Pontprennau), Crewkerne, Kenilworth, Newcastle upon Tyne, White City (Westfield London), Chiswick, Clapham, Edgware Road (the latter three purchased from Woolworths) and Nottingham. A Waitrose store in Banstead was destroyed by fire in December 2008. In June 2008, Waitrose announced the acquisition of four Woolworths store sites for conversion to Waitrose branches in Chiswick, Battersea (Clapham Junction), Edgware Road (Marylebone) and Chapel Market, Islington. All these stores are now trading. In January 2009, Waitrose announced that they had acquired 13 sites from The Co-operative Group to be converted into Waitrose branches in Bridport, Dorset; Headington, Oxfordshire; Haslemere, Surrey; Saxmundham, Suffolk; Ponteland, Northumberland, Croydon, Surrey; Upminster, Essex; Stamford, Lincolnshire; Holsworthy, Devon; Alcester, Warwickshire; Torquay, Devon; Caldicot, Monmouthshire/Sir Fynwy; Leigh-on-Sea, Essex; as well as building another nine branches to make a total of 22 new branches. On 12 November 2009, Waitrose opened a new branch on Byres Road in Glasgow. This is after having purchased the preceding Somerfield store in this location. This is the first Waitrose branch situated in Glasgow. Also, a former Somerfield store in Stamford opened in June 2009. Waitrose cited it was the largest expansion in the history of the company, by adding 4,000 partners and increasing to around 220 supermarkets. Waitrose has entered into a licensing agreement with Spinneys of Dubai, United Arab Emirates to open three purpose-built branches, of which the first opened in the Dubai Mall in October 2008. Spinneys will convert 20 of their own stores to the Waitrose format by 2010. The company has a long term goal of opening 400 branches across the UK by 2017 and doubling its revenue to  £8bn by 2016. Recent developments: Waitrose is involved in a new scheme to operate food halls in key stores of sister chain John Lewis. The stores are officially branded as John Lewis Food Hall and use of the Waitrose brand is limited, but the stores do carry some Waitrose own-brand product lines. The staff uniform is also different to that of Waitrose. The first John Lewis Food Hall opened at the flagship London Oxford Street department store in October 2007; a second opened at the Bluewater branch in August 2009. Also in early 2009, following a fire which destroyed a Waitrose main store in Banstead, Surrey, Waitrose took up temporary residence in the towns former Woolworths store, vacated as a result of Woolworths collapse. The store was smaller than the damaged site but allowed Waitrose to maintain its presence in the area until the rebuilt main store re-opened on 26 November 2009. In April 2009, Waitrose announced a franchise deal with Welcome Break (a motorway service area operator). The two Waitrose stores which are the smallest stores in the partnership opened at Welcome Break services in Oxford and South Mimms on 1 and 15 May 2009 respectively. In Autumn 2009, Waitrose announced plans to expand its presence in the convenience store sector after successful trials of the format. These stores are smaller than the main Waitrose stores but allow the chain to retail a selection of keynote ranges in areas where there is not a suitable site for a large Waitrose supermarket. The firm also plans to expand on its presence at Welcome Break service stations. The firm has also signed a deal with Alliance Boots which will see Boots operating branded pharmacies and retailing health and beauty products through Waitrose stores; in return Boots stores will sell Waitrose food products.

Othello Essay :: essays research papers

Act i. sc. i. ADMIRABLE is the preparation, so truly and peculiarly Shakspearian, in the introduction of Roderigo, as the dupe on whom Iago shall first exercise his art, and in so doing display his own character. Roderigo, without any fixed principle, but not without the moral notions and sympathies with honour, which his rank and connections had hung upon him, is already well fitted and predisposed for the purpose; for very want of character and strength of passion, like wind loudest in an empty house, constitute his character. The first three lines happily state the nature and foundation of the friendship between him and Iago,— the purse,—as also the contrast of Roderigo's intemperance of mind with Iago's coolness,—the coolness of a preconceiving experimenter. The mere language of protestation— If ever I did dream of such a matter, abhor me,— which falling in with the associative link, determines Roderigo's continuation of complaint— Thou told'st me, thou didst hold him in thy hate— elicits at length a true feeling of Iago's mind, the dread of contempt habitual to those, who encourage in themselves, and have their keenest pleasure in, the expression of con-tempt for others. Observe Iago's high self-opinion, and the moral, that a wicked man will employ real feelings, as well as assume those most alien from his own, as instru-ments of his purposes:— ——And, by the faith of man, I know my price, I am worth no worse a place. I think Tyrwhitt's reading of 'life' for 'wife'— A fellow almost damn'd in a fair wife— the true one, as fitting to Iago's contempt for whatever did not display power, and that intellectual power. In what follows, let the reader feel how by and through the glass of two passions, disappointed vanity and envy, the very vices of which he is complaining, are made to act upon him as if they were so many excellences, and the more appropriately, because cunning is always admired and wished for by minds conscious of inward weakness;—but they act only by half, like music on an inattentive auditor, swelling the thoughts which prevent him from listening to it. Ib. Rod. What a full fortune does the thick-lips owe, If he can carry't thus. Roderigo turns off to Othello; and here comes one, if not the only, seeming justification of our blackamoor or negro Othello. Even if we supposed this an uninterrupted tradition of the theatre, and that Shakspeare himself, from want of scenes, and the experience that nothing could be made too marked for the senses of his audience, had practically sanctioned it,—would this prove aught concerning his own intention as a poet for all ages?

The Cold War :: essays research papers

Harry Truman was the 33rd President of the United States from about the end of World War 2 and from the beginning of the Cold War in 1945 until he retired in January, 1952. Harry Truman was born in 1884, in Missouri. In April 1945 Truman assumed office as the President on the death of Franklin D. Roosevelt. From the 16th of July to the 2nd of August the Potsdam conference was held in Potsdam, Berlin. Truman and Stalin and Churchill attended the conference until Churchill was beaten in an election by Atlee and replaced. Truman was worried about this encounter with Stalin as he was not very well informed on him, as Roosevelt had not involved him in political issues therefore he lacked the knowledge on how to handle Stalin. The main issue at the conference was on Germany. They established the principle occupations, which were to de-nazify,de-militerise, de-centeralise de-industrialise and democrasise all of Germany. Germany’s reparations were decided. They also established that Germany’s future would be jointly worked out, no separate development without consultation of forgien ministers. Also at Potsdam the Polish borders were defined, and Russia agreed entry to the Pacific War. Truman distrusted the Russians before the conference and by the end of the conference in August Truman had developed an even larger distrust towards Russia. He felt the Russians had been given too much at Yalta and he was adopting a harder attitude. He also felt that with the power he held with the Atomic bomb, USSR were under control. The relationship between the superpwers worsened considerably at Potsdam. On the 6th of August 1945 Truman authorised an Atomic bomb to be dropped on Hiroshima, a city in Japan and another in Nagasaki, two days later, they caused horrendous damage, and many thousands of people died. After the bombs were dropped US troops occupied Japan not allowing any other forces in. Truman had told Stalin little about the bomb, first informing him at Potsdam and when he authorised the drop, he had not consulted or warned Stalin, this angered him as he had wanted to gain some Japanese territory before the end of the war and the tension began to build. The rise of two new â€Å"superpowers†developed after the war, the USA and the USSR, both wanting to be the more powerful nation. There was a rising tension between Truman and Stalin, as Truman had a different attitude to the USSR and Stalin than Roosevelt had previously.

Preventing The Spread Of Hpv Health And Social Care Essay

The Center for Disease Control and Prevention, or CDC, states, â€Å" Genital human papillomavirus, or HPV, is the most common sexually familial infection † ( What is HPV? ) . In fact, harmonizing to The American Social Health Association ( ASHA ) , â€Å" 6 million new venereal HPV instances occur each twelvemonth, about 1/3 of all new Sexually Transmitted Disease ( STD ) infections † ( Learn About HPV Fast Facts ) . Not merely does HPV infect the venereal countries of males and females, HPV can besides infect the oral cavity and pharynx. HPV can be contracted during vaginal and anal sex and may besides be passed on during unwritten sex and genital-to-genital contact. This means condom usage entirely does non protect an person against the disease. What is spoting about the disease is it can be passed from one person to the following even when the septic individual has no marks or symptoms. Furthermore, a individual can hold HPV even if several old ages have passed sinc e he or she had sexual contact with an septic individual. â€Å" Most septic individuals do non recognize they are infected or that they are go throughing the virus on to a sex spouse † ( What is HPV? ) . In 2006, the pharmaceutical company Merck introduced Gardasil, a vaccinum to protect against four types of HPV. Harmonizing to the information found on the Gardasil web site, â€Å" In misss and immature adult females ages 9-26, Gardasil protects against two types of HPV that cause cervical malignant neoplastic disease and two more that cause venereal warts. In male childs and immature work forces ages 9-26, it protects against venereal warts † ( Gardasil ) . This vaccinum caused rather a contention as Merck has recommended that kids the age of 11 would be the most good group to have the vaccinum since they are most likely yet to be sexually active. Many parents have been uncomfortable with the thought of immunising their kid ( ren ) against what most see merely a sexually familial disease or infection ( STI ) . However, some provinces discussed doing it compulsory with Texas making so in 2007. While an person will have the full benefits of the vaccinum if inoculated before go ing sexually active, the vaccinum can still be effectual even if given after a individual becomes sexually active. Ideally, all 50 provinces will do the vaccinum mandatary. To guarantee these inoculations are being given, there is another group of persons that should be required to acquire the vaccinum or demo cogent evidence of holding received it. With so many college pupils sexually active and half of sexually active people transporting HPV it is imperative for persons come ining their first twelvemonth of college or university to demo cogent evidence of the Gardasil inoculation. When Gardasil was introduced, it proved effectual in forestalling two strains of HPV linked to cervical malignant neoplastic disease and two strains linked to venereal warts. Specifically, the promotional web site for Gardasil says, â€Å" Gardasil is the lone HPV vaccinum that helps protect against four types of HPV. In misss and immature adult females ages 9-26, Gardasil helps protect against two types of HPV that cause about 75 % of cervical malignant neoplastic disease instances, and two more types that cause 90 % of venereal warts instances. † The vaccinum is besides available to males. â€Å" In male childs and immature work forces ages 9-26, Gardasil helps protect against 90 % of venereal warts instances † ( What is Gardasil? ) When Gardasil was introduced, it was available merely to immature misss and adult females. This can make rather the societal shame on a immature adult female who wants to protect herself. It fundamentally puts the load of forestalling venereal warts on females. Now, adult females entirely do n't hold to keep the duty. In 2009, the Gardasil vaccinum became available to work forces. As Shobha Krishnan, M.D. points out in her interview with the American Social Health Association ( ASHA ) , â€Å" it ‘s good to include work forces in HPV vaccinum plans because making so means that HPV is n't seen as merely a adult female ‘s infection, so adult females entirely do n't bear all of the stigma † ( The HPV Vaccine Controversy: Sexual activity, Cancer, God, and Politicss: An Interview With Shobha Krishnan, M.D. ) . Work force can have the exact same vaccinum that adult females do. This is highly of import because it is estimated that in the United States, each minute, there is a new instance of venereal warts. Two out of three people will acquire venereal warts after holding any sort of venereal contact with person infected. Genital warts, harmonizing to the CDC, normally appear as a little bump or group of bumps in the venereal country. They can be little or big, raised or level, or shaped like Brassica oleracea botrytis. Health attention suppliers can name warts by looking at the venereal country during an office visit. Warts can look within hebdomads or months after sexual contact with an septic spouse – even if the septic spouse has no marks of venereal warts. If left untreated, venereal warts might travel off, remain unchanged, or increase in size or figure. Rarely, these types of HPV can besides do warts in the pharynx – a status called perennial respiratory papillomastosis ( RRP ) . These warts can sometimes barricade the air passage, doing a gruff voice or troubled external respiration. It bears reiterating, an person does non hold to hold intercourse with an septic individual to acquire venereal warts because rubbers do non cover the full venereal country. In fact, because HPV is so common, it ‘s difficult to avoid wholly. If adult females and work forces come ining college who have n't received the vaccinum are required to make so, this could greatly diminish the figure of instances of venereal warts. The load of HPV should n't fall merely on adult females ; a good comparing to do would be the vaccinum versus unwritten preventives, or birth control pills. The side effects of Gardasil are truly no more inauspicious than those of birth control ( unwritten preventives ) . Harmonizing to ASHA, the CDC and FDA found the figure of blood coagulums in those who ‘ve been vaccinated is approximately the same as found in those who take birth control pills, as is the figure of people with progressive muscular failing. Harmonizing to WebMD, there are side effects of birth control pills although the bulk are non serious. They include nausea, weight addition, sore or conceited chests, little sums of blood between periods, lighter periods, temper alterations. The undermentioned side effects are less common but more serious: abdominal hurting, thorax hurting, concerns, oculus jobs, swelling and/or hurting in the legs and thighs. In add-on, you should non take hormonal preventives if you have had blood coagulums, bosom or liver disease, or malignant neoplastic disease of the chest or womb ( Nihira ) There is no more of a menace to a adult female having the Gardasil vaccinum than there is birth control. Sing that most adult females are taking an unwritten preventive to forestall an unwanted gestation, it would be prudent to besides desire to protect oneself from a disease that can take to unwanted malignant neoplastic disease. In fact, more and more adult females are making more to protect themselves, non merely from gestation, but from sexual diseases every bit good. Harmonizing to Kathleen Doheny in her article for The Washington Post, â€Å" from 1995 to 2002, the per centum of American adult females who said they received prophylactic services rose from 34 to 41 % . Overall, the per centum of adult females having all sexual and generative wellness attention services – including non merely birth control but besides such services as STD ( Sexually Transmitted Diseases ) testing and Pap trials – remained changeless at 74 % , the study found † ( Doheny ) . As the statistic shows, 74 % of adult females receive Pap trials, which can be an early sensor of cervical malignant neoplastic disease. But why non take it one measure further and protect yourself against the virus that can do it? Doctors do urge contending off cervical malignant neoplastic disease with regular Pap trials, which has helped extenuate the instances of cervical malignant neoplastic disease. But, for those people that are sexually active, and 56 % of college pupils are, the Gardasil vaccinum would be merely another method for protection. In the same manner a adult female on the birth control pill should still utilize a rubber with her spouse, a sexually active college pupil should utilize rubbers and be vaccinated to assist forestall HPV related diseases. As mentioned above, side effects are an issue sing this vaccinum every bit good. In July 2008, simply two old ages after the vaccinum was released, Sharyl Attkisson did an fact-finding study for CBS News, Vaccine Watch: Gardasil Side Effects? In her article she spoke to households of immature adult females who believe the Gardasil HPV Vaccine may hold – or did in fact – do their kid ‘s serious unwellness. In one instance, a immature adult female who received the vaccinum subsequently developed Autoimmune Myofasciitis. She is now a inveterate sick individual, â€Å" who takes a smattering of pills a twenty-four hours merely to maintain her unwellness tolerable † ( Attkisson ) . A twelvemonth subsequently in August 2009, Radha Chitale wrote a study for ABC News called, CDC Report Stirs Controversy for Merck ‘s Gardasil Vaccine. This study links â€Å" 32 unconfirmed deceases and shows higher incidences of fainting and blood coagulums than other vaccinums † ( Chitale ) . There will ever be side effects and possible inauspicious effects associated with vaccinums. Side effects occur instantly after the injection. Merck indicates on the Gardasil web site that â€Å" common side effects include hurting, swelling, rubing, bruising, and inflammation at the injection side, concern, giddiness, emesis, and fainting † ( Gardasil ) . Adverse effects occur hebdomads subsequently and may or may non be a consequence of the vaccinum and other factors could come into drama. Thirty-two deceases associated with a vaccinum are nil to price reduction, but in the whole strategy of things there is n't anything unusual about this. At this clip over 16 million doses of Gardasil have been distributed in the United States. Harmonizing to the CDC, â€Å" given the big figure of doses distributed, it is expected that by opportunity entirely, serious inauspicious events and some deceases will be reported in this big population during the clip period following inoculation s † ( Information from FDA and CDC on Gardasil and its Safety ) . In fact, both the CDC and the Federal Drug and Food Administration, or FDA, monitors the safety of all vaccinums through the Vaccine Adverse Event Reporting System, or VAERS. â€Å" As of June 30, 2008, there have been 9,749 VAERS studies of inauspicious events following Gardasil Vaccination. Of these, 94 % were classified as studies of non-serious events, and 6 % serious events † ( Information from FDA and CDC on Gardasil and its Safety ) . As of this study, 20 deceases were to hold been caused by the Gardasil vaccinum, but this does n't intend that a common form was created. And, â€Å" in instances where necropsy, decease certifications and medical records were available, the cause of decease was explained by factors other than the vaccinum † ( Information from FDA and CDC on Gardasil and its Safety ) . ABC News Chief Medical Editor Dr. Timothy Johnson provinces, â€Å" I am really much in favour of childhood vaccinums, [ but ] I do n't believe we yet know the long term benefits or hazards. I ‘m taking a base on balls on this 1 † ( Chitale ) . Typically when a vaccinum is released, many people are dying to have it. Think of the Flu or H1N1, we are so willing to protect ourselves against these societal diseases that are easy dispersed. Many people were even willing to stand in line for hours to have the vaccinum. In fact, most colleges and universities require pupils to be immunized against some diseases. For illustration, â€Å" The University of Nebraska at Omaha ( UNO ) follows the Center for Disease Control and Preventions ‘ recommendation for immunisation. To forestall the possibility of a rubeolas outbreak happening, UNO requires that all new ( including transportation and alumnus ) pupils show cogent evidence of immunisation or unsusceptibility † ( Pr e-Enrollment Health Requirement ) . The purpose to protect pupils from rubeolas, a disease that seldom affects grownups in the United States, should be the same for protecting pupils against HPV. Harmonizing to the World Health Organization ‘s web site, â€Å" in 2008, there were 164,000 rubeolas deceases globally. † However, harmonizing to the National Foundation for Infectious Diseases ‘ web site, â€Å" of the 140 reported confirmed instances of rubeolas [ in the United States ] reported in 2008, about 25 % occurred among grownups † ( Measles ) . It should be noted that, â€Å" College and university pupils are at increased hazard for rubeolas, and should have two doses of the MMR vaccinum to guarantee equal protection † ( Measles ) . But as the 2008 statistic shows, the instances of rubeolas are rather minimum. â€Å" Most instances of rubeolas in the United States now result from infections acquired in other states or are linked to such imported instances † ( World Health Organization, Measles ) . It should besides be noted that the figure of kids in the universe having one dosage of the rubeolas vaccinum is up 11 % , from 72 % in 2000 to 83 % in 2008. While the figure of people having the vaccinum is traveling up, rubeolas is still a really contagious virus. With so many people on college and university campuses in close contact with one another, particularly the residence halls, it merely makes sense to necessitate a pupil show cogent evidence of inoculation for entry. While non transmitted sexually, rubeolas is a societal disease. Just being in the same room as the septic individual can infect a individual. But as mentioned above, in 2008 entirely, merely 25 % of 140 grownups were confirmed to hold rubeolas. Compare that to the 6 million new instances of HPV each twelvemonth. Based on those Numberss, a university or college pupil is more likely to develop HPV than they are rubeolas. Furthermore, with rubeolas, the symptoms come on rapidly and a individual can rapidly travel to the physician to have the proper attention. In the instance of HPV it ‘s non even cognize how many of these instances turn to venereal warts. After reaching the Nebraska Department for Health and Human Services to happen a statistic for the figure of instances of venereal warts, I was told this was untraceable. Since the symptoms of HPV can put hibernating for old ages, it is prudent that university and college pupils protect themselves, and each other from something that is so easy spread. It ‘s of import to indicate out that even though most instances of cervical malignant neoplastic disease derive from HPV, any adult female can acquire cervical malignant neoplastic disease. Harmonizing to The Cancer Sourcebook for Women, â€Å" the uterine neck is the lower portion of the womb that connects to the vagina. It is portion of the female generative system. † ( Sutton, 59 ) It takes a long clip for cervical malignant neoplastic disease to develop and it goes through many stages before the malignant neoplastic disease really appears. â€Å" The cells of the neck go through alterations known as dysplasia, in which unnatural cells begin to look in the cervical tissue. Later, malignant neoplastic disease cells start to turn and distribute more deeply into the neck and to environing countries. † ( Sutton, 59 ) HPV is the primary factor for cervical malignant neoplastic disease, but non the lone factor. Cervical malignant neoplastic disease is n't needfully related to person ‘s sexual history. Meaning, a individual does non hold to be sexually active to acquire it. No 1 wants malignant neoplastic disease, no affair what sort it is. In fact, there is a large push in this state to free society of malignant neoplastic disease, to happen a remedy. There is non merely an full month dedicated to the cause of chest malignant neoplastic disease, one can probably happen activities or fundraisers throughout the twelvemonth to raise money and consciousness for the disease. Cancer should n't be discriminated against. And with promotions in scientific discipline everyday, we should take advantage of any chance given to forestall the disease. â€Å" In 2006, 11,982 adult females in the United States were told they have cervical malignant neoplastic disease, and 3,976 died from the disease † ( Cervical Cancer ) . Besides, there is no information available at this clip, but potentially , work forces received Gardasil can protect themselves from signifiers of malignant neoplastic disease related to HPV every bit good ; anal and penial malignant neoplastic disease. This is still being researched. To sum up, contending HPV and its subsequent diseases should non be left to adult females entirely. Men, excessively, can assist to forestall the spread of venereal warts and malignant neoplastic disease. College adult females and work forces can be responsible for what could potentially be the terminal of an untraceable STI and besides cut down the figure of malignant neoplastic disease instances. Furthermore, Gardasil is no more harmful than birth control, a widely accepted prescription medical specialty. If 74 % of adult females are willing to be tested for cervical malignant neoplastic disease and at the same clip protect themselves from unwanted gestations, 100 % of college and university pupils need to assist prevent malignant neoplastic disease and venereal warts. True, there are some inauspicious effects linked to the vaccinum, the Federal Food and Drug Administration, the Center for Disease Control and Prevention and Vaccine Adverse Event Reporting System, have proved the overall safety of the vaccinum. There will ever be inauspicious effects associated with any vaccinum. There is nil outside of the norm for Gardasil. Not merely is the vaccinum safe, but besides people should n't see it as a vaccinum against a sexually familial disease. College and university pupils are required to protect themselves against societal diseases such as the rubeolas. Since most pupils receive the rubeolas vaccine at a immature age, the hurt of rubeolas has been mitigated. In fact, a college or university pupil is less likely to acquire rubeolas than they are HPV, thanks in portion to a vaccinum. The Gardasil vaccinum should be viewed as any other vaccinum, necessary to halt a societal disease. Above all, if there is an chance to diminish the instances of malignant neoplastic disease and the figure of people deceasing from it, immature people should take advantage of that. At this point in clip, this is the closest thing to a remedy. Furthermore, since cervical malignant neoplastic disease can impact every adult female, non merely those that are sexually active, Gardasil should non be viewed as a vaccinum for merely a sexually familial disease. With so many college pupils sexually active and half of sexually active people transporting HPV it is imperative for persons come ining their first twelvemonth of college to demo cogent evidence of the Gardasil inoculation. If a pupil can non demo cogent evidence, they should be required to acquire inoculated before entry into the college/university is granted. While having the shootings at age 11 or before a individual becomes sexually active would be the most good, college and university pupils should be held accountable. The most of import thing to retrieve is that as a society we have an chance to extinguish a serious disease and extenuate a really common societal disease.

Nascar’s Racing Team Essay

How does Trader Joe’s design jobs for increased job satisfaction and higher performance? Trader Joe’s give its appreciation for its employees to increase job satisfaction and higher performance. They puts its money where its mouth is. The starting benefits at Trader Joe’s include medical, dental, and vision insurance, company paid retirement, paid vacation and a 10% employee discount. â€Å"Trader Joe’s compensate workers well. The core of this allegiance is a wage and benefits package that is typically far more competitive than that of most companies in the supermarket industry. Wages may attract high-quality employees, but wages are not necessarily the reason they remain loyal, as any human resources expert can attest. Employees stay because Trader Joe’s has created a culture of success: an environment in which everyone does the same job at one time or another and a place where people’s opinions are respected and talents are nurtured. â€Å"(Excerpted from Trader Joe’s Adventure, by Len Lewis) 1. How does Trader Joe’s design jobs for increased job satisfaction and higher performance? â€Å"Trader Joe’s has designed jobs to increase job satisfaction by showing appreciation in providing more benefits to their employees than other chain grocers. They provide starting benefits including medical, dental, and vision insurance, company-paid retirement, paid vacation, and a 10% employee discount, Pg. w-100. † Traders Joes also recruits people with certain personality traits that the company wants in their stores. They are able to enrich their employees with knowledge of their products that they are selling, as well as inducing customer involvements. As a result, they are able to have higher job performance because they are able to train and nurture their employees to have the same values and philosophy as the company, as well as granting supreme employee benefits. 2. In what ways does Trader Joe’s demonstrate the importance of each responsibility in the management process planning, organizing, leading, and controlling? There are several ways to demonstrate the importance of each responsibility. First, the buyers will travel all over the world to search the great foods and buying direct from the producer to lower the costs. Second, Trader Joe’s carry only 1500-2000 products so that the customer are easy to choose. Third, Trader Joe’s managers are hired only from within the company. The future leaders should be enroll in training programs such as Trader Joe’s university the foster in them the loyalty necessary to run stores. Fourth, when something happen, Trader Joe’s will quick to respond and post their action alerts on their web site. 2. In what ways does Trader Joe’s demonstrate the importance of each responsibility in the management process–planning, organizing, leading and controlling? For Trader Joe’s, they are able to demonstrate the importance of each responsibility in the management process by establishing a plan to serve quality products with natural ingredients, inspiring flavors, and buying direct from the producer whenever possible, pg. w-99. They also organize their stores to limit its stock, carrying about 1,500 to 2,000 products compared to retail mega-markets with 25,000 to 45,000 products. Through leading, Trader Joe’s support their future leaders by hiring managers only from within the company. Future leaders enroll in training programs called, Trader Joe’s University that foster in them the loyalty necessary to run stores according to both company and customer expectations, pg. w-100. Lastly, Trader Joe demonstrated the responsibility in controlling by placing standards to sell natural based ingredient products, as well as striving to offer the highest quality type foods. 3. Describe the methods that show Trader Joe’s knows the importance of human capital? Since Trader Joe’s makes such an effort to acquire qualified personnel they strive to retain their employees. Trader Joe’s is aware that retaining responsible, knowledgeable, and friendly employees will be significant to the customer service they provide. 4. Explain the value chain as it pertains to Trader Joe’s? In my opinion the value chain at Trader Joe’s begins with its employees and the methods utilized by Trader Joe’s to make them good at providing excellent customer service. â€Å"Employees are encourage to taste and learn about the product† this results in employees who are able to share their experience and expertise of the products they are selling to the consumer. Creating a helpful and customer service environment, which consumers appreciate. 5. 1. It has an extremely loyal following; it’s almost gone beyond being cult,† said Tod Marks, senior project editor for Consumer Reports. â€Å"Trader Joe’s is not conventional by any means, in terms of product mix. † With shelves stocked with unusual store brand items, like cookie butter, Thai lime and chili cashews and wasabi roasted seaweed snacks, Sue Forsyth, a 64-year-old from Brighton, said shopping at Trader Joe’s is â€Å"like an adventure. The food options are really unique,† said Brielle Berman, a 22-year-old Rochester resident. â€Å"I just picked up a bag of coconut chips. Where else are you going to find coconut chips? † Additionally, Marks, who conducted a survey last year of the leading 52 supermarket chains in the country, said Trader Joe’s is affordable and provides top-notch service. â€Å"They are very efficient operators and one of the best stores that offer the best prices,† he said. â€Å"They do a good job. Not many supermarkets are better. † 2. The magic is that Trader Joe’s focuses on Quality rather than Quantity. By carrying fewer items TJ tries to make sure that each of the product they do carry on their shelves is a Quality product and meets up to it’s standards. Also buy having fewer items it’s able to negotiate better prices from the suppliers and thus passes it on to the customer. On average I find TJ to be much cheaper than Whole Foods but the quality is the Benchmark for all to follow. One the things I love at the TJ is the bakery section, they have fresh bread baked in everyday from a local baker. This means the money goes back to the community, lesser transport costs, freshest bread for the customer and decent prices. Not to mention the bread is free from High fructose corn syrup!! 3. To remain competitive in the future, organizations will need to abandon their ideas of information hoarding and embrace knowledge sharing. Competitive success will be based less on how strategically physical and financial resources are allocated, and more on how strategically intellectual capital is managed — from capturing, coding and disseminating information, to acquiring new competencies through training and development, and to re-engineering business processes. The move from an industrially-based economy to a knowledge or information-based one demands a top-notch knowledge management system to secure a competitive edge and a capacity for learning. An organization’s ability to quickly tap into wisdom gives it a competitive edge in the marketplace. As a result, knowledge is displacing capital, natural resources, and labor as the basic economic resource.