Describe with Examples the Importance of Recognising and Responding to Concerns About Children and Young People’s Development.

U1 – 2. 210-11-11 Describe with examples the importance of recognising and responding to concerns about children and young people’s development. The following things would cause concern about a child or young person’s development. If the problem was left untreated then things could get worse, and a delay in treatment could mean that the outcome is not as good as it would have been if treatment was started earlier. 1. Speech / Language. If a child or young person does not talk to anyone or even only speaks a few words compared to others, this may cause concern. This would socially affect the child or young person’s because they would find it hard to make friends, work in groups or even interact with adults. It would also affect their communicational development because they would find it hard to speak to people and also may find it hard to listen to instructions etc. Early intervention would be the best way to respond to this concern, the first step would be to have the child or young person’s hearing checked because if they have poor hearing they will find it hard to hear people so will not want to communicate with others in case they get something wrong. . Poor reading and writing. If a child or young person has difficulties with their reading and writing it may cause concern, but this may not be noticeable until the child is around the age of 6 or 7 because by this age they should have learnt how letters are formed and start to string words together. These are the main skills a child needs to help them develop in all areas. Due to poor reading and writing the child or young person will start to fall behind his peers of the same age. They may find it difficult to interact or make friends with others who are more advanced than them, in case they are bullied etc. They would struggle with their intellectual development not only with the reading and writing, but they would struggle with their memory and even their concentration. They would have a low self-esteem, and could also have a speech problem. They may become very disruptive in the class, because they can not do the work etc. The best way to respond to this concern would to inform the main teacher and also inform the SENCO, so that they can follow it up correctly as the child or young person may have dyslexia. 3. CO-Ordination. If a child or young person starts to show signs of clumsiness or struggle with their fine motor or gross motor movements then this would cause concern and make you wonder what could be causing this? Their social development may be affected as they may find it hard to interact with other children when playing games in the playground. The child or young person will have problems with fine motor and gross motor skills and therefore may struggle to use a pen/pencil, have hand-eye co-ordination problems, balance and even running. This will also have a knock on affect on them intellectually, because if they are unable to hold a pen/pencil then they will be unable to write. The best way to respond to this concern would yet again inform the child’s teacher and also inform the SENCO, as the child or young person may suffer from dyspraxia, and they will need to be assessed. . Signs of Abuse. It can be very difficult to recognise signs of abuse in a child or young person. They are some signs, which could alert staff to the fact that the child or young person might be being abused at home, for example constant bruising, or having unusual injuries for the child or young person. This may have an affect on their emotional development because they may suffer from low self-esteem, and be unable to name the emotion they ar e feeling. They may also have problems with their physical development because if the child or young person has been physically abused and hurt then they may be in pain when doing things. The best way to respond to this kind of concern is to inform the child’s teacher and also the head teacher and then they can then inform social services and the police and then they can look into the situation more closely. 5. Diet / Weight. If a child or young person’s diet / weight were to suddenly drop or increase in a short period of time then this would cause some concern about them. Things that would raise concern would be if they came to school and did not have any lunch (packed lunch) or if they only eat small amounts, this would make the child very irritable and very lethargic because they are not getting the right nourishment for one reason or another. If the child or young person is malnutrition they may have difficulty with their social development because they nay struggle with their speech and therefore are unable to interact and make friends. Their physical development may develop at a slower rate compared to the other children etc. The signs of a child being under weight could be that they have an illness like leukaemia, or the fact that they are being neglected at home. The best way for staff to approach this would to be speech to the parents/carer of the child or go to social services. 6. Behaviour. If a child or young person’s behaviour is more along a negative line constantly then this may cause concern and make staff etc wonder what could be causing the constant negative behaviour. This behaviour could be signs that the child or young person has ADHD, Autism etc. If left untreated then the child or young person’s development would be affected in a big way. Socially no one would want to be their friend if they constantly hit, kick or even bite others, this would then make is hard for them to make friends and share with others. If the child does have a condition that is affect their behaviour this would cause them to have poor concentration and their listening skills would also suffer. Emotionally they may be constantly angry or confused by what is going on. The best way to respond to this would be to inform SENCO and maybe introduce a behaviour chart in the class and reward the good behaviour.

Reading Visual Culture Essay

When reading visual culture one can easily be led to interpret from images . Visual representations have many different meanings, the way that some interpreted Visual culture and visual representations can in a way influence, confuse or inform others of their meanings. Visual culture is found almost anywhere in the world, no one really knows when it dates back to as there is so much visual culture in history. There are many examples of visual culture in different times, churches use to use visual culture in their stained glass windows. These windows use to be quite delicate pieces of art and were once considered highly religious, this was because of what was placed inside the windows and where they were most likely to be found was in churches. This was a ‘visual’ as it was able to be seen, but in many ways what was seen may not be real. For instance many of these church windows had angles on them and this made them in a way a fantasy or non-realistic character to some. The ‘culture’ of these windows was the people who viewed these on a religious basis, in other words the ones who shared the same values about the church that the windows were found in. Although there could be some confusion when discussing visible things and visual culture. Visible things are something like a chair, whereas visual culture would be a picture of the chair. The confusion normally lies in the word visible and visual, visualising something can be done when you see a poster and all the different pictures and writing that make up that poster. The format of a visual and how it is represented can impact others in different ways. If you see a sign that is red and says stop, your brain tells you that you need to stop only because this is what it has learnt to do in some cultures. Although in another culture where the word stop is just a heap of wiggly lines and means nothing they may see the red as danger and be cautious about their actions. Another example is when you read hieroglyphics, all most that do not understand them see are images of birds and leaves, whereas the people who know the writing see them as letters and words, it is how things are represented in the mind of others or one’s self. One of the basic units in visual culture can be signs, they can be icons and symbols, and are comprised of different codes. One thing can mean another and then could lead to a serious of different events. Signs that are a well-known icon are something like Coca-Cola. Coca-Cola is a worldwide known product, it is iconic to those who see it. There are many different ways people think of Coke, one of which is the writing on the bottle and the red label that coincides with the label on the bottle. Signs are comprised of different codes, in saying this they are all in their own way a code. In the war a code was considers a bunch or mumbled up words that made no sense, it only made sense to those who understood them. This is much like signs, only those who understand the signs can read them. Referring back to the stop sign as they are symbolic codes, whereas posters are iconic codes, the reasoning for this is because one symbolises an action whilst the other is an iconic image that is there to be seen and viewed so it may draw those who view it in. Although symbolic signs and iconic signs may seem very different they can sometimes be the same.

Managing Your Boss – Review

Human Resource Management – Book Review â€Å"Managing Your Boss† by John J. Gabarro and John P. Kotter Harvard Business Review, 2005 Introduction People sometimes do not realize how much their bosses depend on them and many people also do not realize how much they depend on their boss. For example bosses need honesty from manager’s direct reports. People can managing their bosses for very good reasons: to get resources to do the best job, not only for their-selves but also for their bosses and their companies as well. Effective managers take time and effort to manage not only relationship with subordinates but also those with their bosses.This essential aspect of management is sometimes ignored by otherwise talented and aggressive managers. And there are some managers who actively and effectively supervise subordinates, markets, etc assume an almost passively reactive stance when they meet their bosses. With this mutual dependence, effective managers seek out in formation about boss’s concerns and are sensitive to his work style. Whether see the boss as the enemy or viewing the boss as an all-wise parent. Summary The book is divided into four big parts. First part is Misreading The Boss-Subordinate Relationship.This part provide about how two people can on occasional be psychological or temperamentally incapable of working together, where a personality conflict sometimes only a very small part of the problems. Sometimes people did not realize that their relation with their subordinates involved mutual dependence between two unperfected human being. Some people behave base on their thought, that their bosses were not really rely on them. And some people behave as they not really rely on their bosses. To manage situation like this we need a good understanding of the other person and ourselves, and use that information to develop and anage a compatible working atmosphere that compatible with both people’s work style and assets. S econd part is about Understanding The Boss where we need to appreciate our boss’s goals and pressures, strengths and weakness, their organizational and personal objectives, their long suits and blind spot. And also the detail of their style of working like how they like to get information through memos, formal meeting or phone calls? Managers cannot avoid unnecessary conflicts, and problems without that information. Sensitive to a boss’s style can be crucial especially when the boss is new.Third part is about Understanding Yourself where we need to develop an effective working relationship requires, and then knows our own needs. We not going to change our basic personality but we can be more aware about what impedes us and we can facilitates working with our bosses. With that, relationship became more effective. Gaining self-awareness and acting on it are difficult but not impossible. There are two types of managers, counter dependence and overdependence. Both lead man agers to hold unrealistic view of what a boss is, and ignore that most bosses, are imperfect and fallible.Forth part is Developing and Managing The Relationship. With a clear understanding about ourselves and our boss, we can usually create a way of working together that fits both of us. That can help ourselves and our boss be more productive and effectively. Find a compatible work style. Peter Drucker divides bosses into listener and reader. Some like to get information in report so they can read and study about it, other better with information presented in person so they can ask question. Discover mutual expectation from both sides. Some bosses will spell out their expectations very explicit and detail, but must do not.Effective managers will find ways to get that information. Mutual expectation requires us to communicate our own expectation to the boss. Effective managers recognize that they probably under estimate what their bosses need to know, and make sure they find ways to keep them informed through processes that fit their styles. It is almost impossible for bosses to work effectively if they cannot rely on a fairly accurate reading from their subordinate. Managers need to use their boss’s time effectively. Critique In this book, managing your boos doesn’t mean tricking or leading your boss.But it is more likely to make a supportive working atmosphere with your boss. In order for you to gave the best, not only for company and your boss benefits but also for yourself. The most important is for you. Managing your boss need to understand what are boss needs, working style, his or her strengths, and weaknesses. Act like a detective. It just likes mutual dependence between two fallible human beings. A good understanding of other person and yourself especially regarding strengths, weaknesses, work styles and needs is a must. And then use that information to develop and manage a healthy working relationship.It’s a right way to effective ly managing your boss. Smart way to avoiding conflict and make mistake. According to boss’s opinion, employees sometimes did too many wrong things that spending their time. But it not always because of employees really did a wrong thing, but sometimes also because of the boss being vague about what he need and his expectation. It’s hard to find out because some bosses are unclear and lazy to explaining the details because it will consume much time to explain it. But in other hand employees sometimes become a victim of bad bosses.It just likes two different perspectives about boss-subordinate relationship. To understand your boss, the article says, we need to appreciate his goals and pressure, strengths and weakness, his long suit and blinds spot and even his preferable to get information through. To understanding yourself, there are two behaviors, counter dependent and over dependent. One see boss as an enemy, other see boss as an all-wise parent. Both behaviors failed to understand boss as a fallible human. Boss also have their own pressures and concerns, they also have limited time, don’t have encyclopedic knowledge or extrasensory perception.If you aware enough of these issues, and understand about the different, you can estimate in which area we fall, that might affect relationship between you and your boss. Finding his hot buttons, little things that people do will annoy them. Hot buttons are hard to anticipate but employee need to watch their boss closely to see what kind of things can pushes that hot buttons. Next step is to find a way of working that suits employee and boss. Work style can be customized and adapted so that you communicate become more effectively. How much information does your boss want?Peter Drucker categorizing bosses as â€Å"listeners† or â€Å"readers. † We need to brief â€Å"listener† in person, then follow it up with a memo. Some want a really detail about everything that employees are doing, including background information. Other just wants a quick short brief overview and become impatient when employee describes explanations. Finding out whether your boss is a 5 minute boss or a 30 minute boss or not at all, will make relationship between employee and boss flow more smoothly. Cover important items on proposal, in a memo or report for a â€Å"reader† then discuss it with them.Building mutual expectations is important. Specify a boss's expectations can be tricky, employee need to think creatively, perhaps sending boss memos outlining expectations and scheduling follow-up meetings to cover the memos. Employees should keep their boss as informed as possible, in ways that suit their boss style. Meeting deadlines is critical, and honesty is still the best policy, particularly where your boss is concerned. Conclusion In my opinion, it is just about two fallible, that really a human thing. Every employee need to read this book, to open their eyes about unseen th ings in their everyday working.Although it not as easy as turning our hands, we need to have a really good understanding, not only our bosses, bur also ourselves. Beside we need to be a detective, we also need to care about every detail things about our bosses. It is easy to read, but maybe a little bit hard to do it, it requires a lot of mutual understanding. Just like building, managing and taking care of our own relationship with our boyfriend or girlfriend. This is a really interesting and very useful book for my career. It told me everything that I didn’t realize all this time.

Voluntarily Assuming Liability under the Law of Contract Case Study

Voluntarily Assuming Liability under the Law of Contract - Case Study Example The classic test for the imposition of a duty of care was articulated in Caparo Industries v Dickman. Accordingly, a duty of care will exist only where there is foreseeability, proximity and if the imposition of a duty of care is fair and reasonable in the circumstances.   Norris argues that in applying the test articulated in Caparo, it is necessary to determine whether or not a duty of care was assumed by the defendant and whether or not it was reasonable for the plaintiff to rely on the defendant’s assumption. It is important to note, however, that the assumption of responsibility and reliance on the duty are not conclusive evidence of the existence of a duty of care, but maybe â€Å"one of the ways in which the necessary degree of proximity may arise.† On the facts of the case for discussion, Alan asked John to take his keys from him if he drank too much that night at John’s house. The two proceed to drink two bottles of wine followed by brandy coffee.   It was stated how the wines were proportioned out between them and whether or not Alan drank too much throughout the evening.   Regardless, Alan indicated that he felt able to drive and nothing was made of it.   In any event, it does not appear that the consumption of alcohol had anything to do with the accident.   The fallen tree was the cause of the accident and the main question is whether or not, John’s call to Allan caused him to collide with the fallen tree and whether or not John assumed responsibility for preventing personal injury to John when he placed that telephone call.

Cash Accounting Essay Example | Topics and Well Written Essays - 500 words

Cash Accounting - Essay Example You also have to satisfy the HP Revenue and Customs by clearing any VAT payment arrears to use the cash accounting scheme. When you start using the cash accounting scheme, it is must to use it for the whole business and it is desirable to continue it for a period of 2 years. However, you can quit the scheme at any moment, provided it does not contribute to your business as well as your accounting system does not support the necessary requirements for the scheme. While starting with cash accounting, you need to be very much careful that you do not re-account for any VAT on receipts and payments that are already dealt with. In cash accounting the main accounting record is kept in a cash book summarizing all the payments made and received. It has a separate column where you can specify the relevant VAT. In the cash book, you also need to record the corresponding tax invoices and provide an efficient system for cross referencing. The benefit of the cash accounting scheme primarily depends on the time period between the issuing of the sales invoice to receiving payments from the customers. Cash accounting is likely to be more beneficial when this time period extends.

BlackBoard Online Learning Environment Essay Example | Topics and Well Written Essays - 500 words

BlackBoard Online Learning Environment - Essay Example I find flimsy the argument that we need the upgrade because "upgrades" can improve the system. If a system is already efficient and reliable, then there is no need to change the system. It is said that other universities have already implemented it making it necessary for us to follow suit. I say that this matter should not take on a fashionable nature. You don't just go on changing an online learning environment because others are doing so. I believe that we are free to decide for ourselves what course of action we should take. If, however, the administration still pushes thru with the project then they must charge it to the students at a lower price tag. I personally think that the $150 tag is way beyond what we expect of the price of an upgrade. One must remember that even upgrades for legitimately acquired software can be downloaded freely from the manufacturer's website. How come that the upgrade could cost so much Furthermore, considering the number of students availing of Blackboard, we find that the price tag is quite high leading us to speculate that it is becoming more of an income generating measure. Since I am talking about costs and the inappropriateness of the additional fee, let us discuss on the costs that the school will incur in availing of the upgrade.

Assess the extend to which the merger between firms is in the interest Essay

Assess the extend to which the merger between firms is in the interest of both consumers and the firms - Essay Example This is always luxurious to the suppliers, who in a bid to keep the market under consideration will offer discounts and sale their supplies to the merged organization at a cheaper rate (Cooper, 2006). It is important to denote that the organization will not only benefit from discounted products, but it will also be able to easily access credit and finances from financial institutions cheaply. This is because of the increased size and capital base of the new organization. Another benefit of merger is that an organization is able to diversify its production and services. Take for instance, the merger between Pay Pal, and eBay. eBay is an online auctioneering firm, where as Pay Pal is an online payment system (Foster, 2010). On this basis, eBay is able to diversify the production of its services that is provision of online auction services, as well as providing services in online payments. Another important benefit of a merger is an increase in the market share of the new firm/ organization (Shenfelter and Hosken, 2010). For instance, the failed merger between Daimler and Chrysler was to help the two organizations increase the share of their markets in the United States, and Germany as a whole. This is by taking advantage of the distribution channels that the two organizations commanded. Another benefit of a merger is that they result to improving the image of a company under consideration (Cooper, 2006). This is because mergers and acquisitions normally get huge media coverage, as a result, the companies can take advantage of this, to outline their policies, and also market their products. A company that experiences a merger will also manage to increase the value of its stock, and this is because of the perception that the new entity formed will be profitable (Foster, 2010). For instance, the merger between US Airways, and the American Airlines was able to

Campus Culture, Vision, Conflict Resolution, or Campus Improvement Essay

Campus Culture, Vision, Conflict Resolution, or Campus Improvement - Essay Example The key points in the article â€Å"Conflict Ð ¡oaching: Conflict management strategies and skills for the individual† are the two methods of solving problems which are the coercive and the noncoercive methods. It enhances the fact that, most of the conflicts come up as a result of institutions or organizations having individuals from different cultures and working towards the same goal or vision. Biasness is what causes conflicts and can either lead to improved campuses with the best vision. It brings out the notion that solving conflicts through noncoercive method is the best method. As a leader, the researcher is called to solve different conflicts that occur on campuses. Therefore, the knowledge on different types of conflicts and how to resolve them is an added advantage for my leadership skills. No biases can be involved in the process of conflict resolution. The researcher would recommend this article to all the leaders who do not know how to handle conflicting issues since it gives guidelines on how to manage a conflict through different stages and gives accurately the possible outcomes of each step carried out. The article â€Å"Continuous school improvement† talks about administration qualities which can lead to enhancing the vision of campuses. It gives direction on how to integrate different scenario in the effort of achieving the vision of an institution. The key point from the article is that all the proposed ideas must be integrated to fit into the vision of an institution. All factors must be considered for a vision to be achieved in the right manner, hence the need for integrated systems. The researcher would recommend this article to all the administrators who need tips on how to work towards a vision and achieve it. This is because; most of the ideas brought out are very handy for administrators as they look into the qualities of a good administrator and the ways administrators should handle different situations in order to ach ieve a particular goal. The article â€Å"Building the academic deanship: Strategies for success† has new ideas that campuses have not yet discovered especially in offering the best academic practices in more practical ways. The practical way of learning is the best form of getting more skilled personnel in the professional industries and work sector.

International Business Enviroment Essay Example | Topics and Well Written Essays - 2000 words

International Business Enviroment - Essay Example It intends to make its investments in Kenya, with intent to providing cloud computing services. The essence of this work and report is to evaluate and to critically analyze how viable this idea is. It will do this by discussing a few factors such as the institution systems in Kenya, exchange regime that governs the country and the political risks involved, and how they may affect the success or failure of the iomart venture. The report shall then be submitted to the CEO of iomart Group of Companies, with a conclusion on whether the idea is viable or not, and furnished with a few recommendations. Table of Contents Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦2 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 National Institutions Systems†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.5 Exchange Rate Regime†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...7 Political Risks†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.9 Conclusion and Recommendations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦10 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.12 International Business Environment Introduction . ... The iomart Group is keen to expand and one of its objectives is to be a globally recognized brand. The last expansion phase saw it expand to Asia and now the focus has shifted to Africa. The iomart Group is highly profitable and as a result has been able to take advantage of business opportunities around the globe through comprehensive market researches (iomart, 2013). Kenya is considered to be East Africa’s fastest growing economy, and is endowed with many resources. In the recent past, the country has witnessed many drastic changes and growth in terms of leadership, growth of industries, expansion of investments and growth in the national Gross Domestic Product (Nzwili, 2012; Nyong’o, 2007). The iomart branch, if established, is intended to be a major provider of cloud computing services to the already established and the growing businesses in Kenya (iomart, 2013). This report will serve to examine the exchange regimes that govern Kenya, determine and compare the two countries’ national institution systems and finally look at the political risks in Kenya. A conclusion shall be drawn and recommendations given. National Institution Systems It is important to know the institutions that govern businesses in a country and how different they are from what one is used to (Cullen and Parboteeah, 2009). The IT firm to be established, just like the iomart in U.K will deal with handling personal data, and hence this will be the main issue since Kenya and UK have different policies regarding how personal information is treated. The main body that regulates the operations of the IT industry in Kenya is the Communication Commission of Kenya and the National Communications Secretariat. These two regulatory bodies are

Management accounting assessment Assignment Example | Topics and Well Written Essays - 750 words

Management accounting assessment - Assignment Example Activity based coating recovers these additional costs far much better than the traditional methods. Activity based costing (ABC) is an alternative method that allows overheads that cause analysis in groups that are influence the same activity. The group is cost pool while the activity is the cost driver. ABC produces a more accurate cost assignment. Doing this special job because the recovery methods used by the traditional overhead absorption method are volume based which is erroneous since a majority of the overhead costs is fixed and they are not affected by volume. A change in volume in the traditional method results to a change in activity level meaning that there is presence of under and over developed overheads due to the change in volume. Most companies use the variable costing method and they achieve their set objectives. It is offers the management with the options of providing better decisions for the company. In the absorption method, the cost of the product consists of all the variable cost plus the fixed manufacturing costs. Fixed costs are not included in the costing of the product. 2(b) I agree that Cost Volume Profit analysis is simple as takes the assumption that output is the only cost and revenue driver, which have a linear relationship. The assumptions in this case are simplistic in finding the decision to problems relating to fixed costs and variable costs. The assumptions can be used to facilitate the CVP analysis to give insight that is useful. Cost is relevant when, it is future oriented. It means the cash flows must arise in the future, be incremental, and have to be cash flows. In the context of capital investment appraisal, a relevant cost is a cost incurred because of the appraisal process and it may include new costs such as the cost of hiring machinery to construct a factory or additional costs in acquiring new material. Irrelevant costs are

Fundamental of management information system Essay

Fundamental of management information system - Essay Example This kind of situation lowers the business performance of the company since the financial accountability cannot be demonstrated. Decision making by the management too is hindered since the best decisions are made based on the upward trending of a company’s financial position. In order to rescue this situation, the board of directors at Snyders Hannover need to come up with a clear strategic plan that befits the company. The plan should be proportionate to the current sales and allow for increased sales later in the future. The financial taking system should totally undergo an overhaul and move to a new digital platform that allows the branches to evaluate their financial position and the company as a whole conduct audits either half-yearly or yearly (Reynolds & Stair, 2013) This model would at least bring stability and accountability in the finance department at the head office since the pressures of analyzing financial statements every end month would all be

Was There a Blitz Spirit Essay Example for Free

Was There a Blitz Spirit Essay * During the Blitz, there was a lot of bombings and damage which caused upset to many people. However in England, to a large extent it is believed that there was a Blitz spirit. There were mottos such as ‘keep calm and carry on’ which told people not to worry about the Blitz and just continue with their normal lives. Blitz spirit, defined as whatever happens you’ll stick to something until the bitter end. However, to some extent people believed there was no such thing as a Blitz spirit, just something that was intended to keep people working. * * The blitz spirit was influential to many people in the UK during the Blitz. It made sure that people weren’t disheartened by the fact that they were bombed. It is believed that the Blitz spirit brought out the true colours of the British people and was a representation of endurance and defiance. Over the eight months of bombardment, people were exhausted from carrying gas masks, and feeling to shelters and underground stations, but overall no one really panicked and the spirit made people continue with their everyday lives. The Blitz spirit did exist and without it, people wouldn’t have lasted the 57 consecutive raids, and because of this they were few calls for surrender, high morale and committed workers. The Blitz spirit brought a sense of national unity to Britain and the increase in morale meant no one was scared of the German Luftwaffe. They also believed the cheap Anderson shelters plus the natural soil could protect them from the bombs. * * On the other hand, to a smaller extent there were some people that believed the raid of Britain was a difficult period which couldn’t be controlled. During the Blitz, it is said that there was a ‘Blitz spirit’ which brought high morale and continuation of work, but really there were strikes and a lot more anti-Semitism. People who were affected the worst by the Blitz were the working class population due to their positions of homes in relation to where they worked. They believed the government owed them because they were near factories, docks and in poorly built houses. The Germans targeting these areas because they knew these are the main places which would affect Britain the most. There were also some cruel people who took advantage of the situation in Britain. They thought they could gain through this crisis by exploiting this. â€Å"Bomb chasers† would track the location of bombings and then loot affected shops. Others charged people for the safety in the underground which was immoral. * In conclusion, although to some extent it could be argued that there wasn’t a Blitz spirit; there are more arguments for the statement. Due to the defiance and endurance of British people, it raised moral and helped people to fight through the 57 consecutive nights of raids. They kept of fighting and going to work. The motto ‘keep calm and carry on’ really defined the Blitz spirit and helped unify Britain. *

Economic Performance of Nigeria

Economic Performance of Nigeria CHAPTHER ONE 1.1 BACKGROUND OF STUDY One of the biggest challenges for oil-producing countries is how to use its oil wealth strategically to promote sustainable growth, for example, in Nigeria, the massive increase in oil revenue as an aftermath of the Middle-East war of 1973 created unprecedented, unexpected and unplanned wealth for Nigeria. Then began the dramatic shift of policies from a holistic approach to benchmarking them against the state of the oil sector. Now, in order to make the business environment conducive for new investments, the government began investing the newfound wealth in socio-economic infrastructure across the country, especially in the urban areas (Adedipe, 2007). Over the past three decades, gulf cooperation council (GCC) countries have generally followed procyclical fiscal policies to changes in oil revenue. Following the sharp increase in global oil prices in the 1970s and early 1980s, government spending in all these countries rose as fast as oil revenue through a massive public investment program in infrastructure, fiscal incentives to develop the industrial sector, and the adoption of a generous welfare system. Notwithstanding the increase in spending, sizable overall fiscal surpluses were recorded in all GCC countries during those years, leading to a sharp accumulation of official asset. The existence of large foreign official assets facilitated a relatively low level of adjustment in spending in the period 1980-86, when crude oil prices declined significantly. Concerns for sustaining domestic demand in order to stave off a sharp reduction in non-oil growth has usually militated against significant fiscal adjustment in the face of falling oil prices in GCC countries. Spending was only cut by the equivalent to about half the fall in total revenue in Saudi Arabia, 20 percent in the United Arab Emirates, and 10 percent in Qatar. Facilitated by the completion of major infrastructure investments, the cutbacks fell mostly on outlays for projects, while current expenditure rose in all these countries, except in Saudi Arabia. In Bahrain and Kuwait, spending continued to rise across the board. In c ontrast, in Oman, lower oil revenue was more than offset by higher investment income and fees and charges, leading to a further increase in expenditure in the period (Fasano, 2000). According to Piana (2001), Public expenditure is the value of goods and services bought by the State and its articulations. It plays four main roles: contributes to current effective demand, expresses a coordinated impulse on the economy which can be used for stabilization, business cycle inversion, and growth purposes, increases the public endowment of goods for everybody and gives rise to positive externalities to economy and society, the more so through its capital component. According to Ely and Wicker (2002), government expenditure can be classified into the following: The direct cost of national defence includes the pay and equipment of troops, and the cost of ships, and cannon, and ammunition, etc. The indirect cost is represented by the pension list, as well as by the great waste of resources and opportunities for labor in times of war, expenditures for internal security includes the cost of our police system in all its branches, and that of our judiciary system, since both of these are occupied almost wholly in securing persons and property from injury, expenditures for the poor and unfortunate, that is, every advanced government recognizes an obligation to extend relief to paupers, to the deaf, the blind, the insane, and the feeble-minded, who, from natural defects, are unable to hold their own in the struggle for existence, expenditures for fulfilling the commercial functions and expenditures for fulfilling the developmental function. All these cu mulate into improving the economic performance of a country. The economic performance of any nation is measured by the rate of growth of its gross domestic product (GDP). According to Piana (2001), public expenditure has an immediate impact on GDP. An increase of public expenditure raises GDP by the same amount, other things being equal. Moreover, since income is an important determinant of consumption, that increase of income will be followed by a rise in consumption: a positive feedback loop has been triggered between consumption and income, exactly as in the case of shocks in export, investment or autonomous consumption. In more microeconomic terms, public expenditure may be directed to consumer goods and thus substitute families expenditure, as with the case of health drugs. By contrast, in other cases, as with education, public expenditure may trigger further consumption (books and all the other goods whose consumption depend on culture levels). According to World Bank (2006), gross domestic product is the sum of gross value added by all resident producers in the economy plus any product taxes (fewer subsidies) not included in the valuation of output. It is calculated without deducting for depreciation of fabricated capital assets or for depletion and degradation of natural resources. 1.2 STATEMENT OF THE PROBLEM An economys growth is measured by the change in the volume of its output or in the real incomes of its residents (World Bank, 2006). Therefore, oil exporting countries are said to experience growth due to large influx of income or revenue derived from exports and an opportunity to increase public spending, but most oil exporting countries have poor public sector management, that is, they have had difficulty managing funds with rigid operational rules, as tensions have often surfaced in situations of significant exogenous changes or with shifting policy priorities. Earmarking the resources of oil funds for specific uses, and allowing extra budgetary spending by the funds can complicate fiscal and asset management and reduce efficiency in the allocation of resources. Transparency and accountability practices for funds differ across Organisation of Petroleum Exporting Countries (OPEC) (International Monetary Fund, 2007). This leads to fall backs in the real gross domestic income. This research hopes to show the relationship between revenue from oil exports, overall expenditure and changes in output levels in Nigeria. 1.3 SCOPE OF THE STUDY The scope of the study is on the economic performance of Nigeria. The data used will be obtained from the publication of statistical bulletin of Central Bank of Nigeria (CBN), International Monetary Fund (IMF), and Organisation of Petroleum Exporting Countries (OPEC). It covers the GDP relative to oil exports, public expenditure rates and value of oil exports. 1.4 RESEARCH QUESTIONS In the light of the above, this study is set to provide solutions to the following problems: what is the relationship between oil revenue and government expenditure, what is the relationship between oil revenue and economic performance, and does the way government spends affect the growth level of the country. 1.5 OBJECTIVES OF THE STUDY The main objective of the study is to show interrelationship between public expenditure, oil revenue and economic performance in Nigeria. The specific objectives are to: Investigate the effects of oil receipts to the performance of an economy; Highlight the relationship between oil receipts and public expenditures; and Show the significance of increasing public expenditures to growth of an economy. 1.6 RESEARCH HYPOTHESIS In line with the objectives stated above, the following hypothesis shall be tested: H0: there is no significant relationship between oil revenue and economic growth H1: there is a significant relationship between oil revenue and economic growth H0: there is no significant relationship between government expenditure and economic growth H1: there is a significant relationship between government expenditure and economic growth 1.7 SIGNIFICANCE OF THE STUDY This study is very important and paramount because of the importance of the subject matter on explaining the determinants of economic growth and development in Nigeria. 1.8 RESEARCH METHODOLOGY The study focuses on the relationship between oil revenue, public expenditure and economic performance in Nigeria and due to the nature of the study, secondary data will be used. To carry out an econometric analysis of the study, the Ordinary Least Square (OLS) estimating techniques will be used because it possesses a unique property of Best Linear Unbiased Estimator (BLUE) when compared to other estimating techniques. The OLS method also possesses the desirable properties of un-biasness, consistency, and efficiency. Other parametric tests (such as T-test, F-Test, Durbin-Watson, and others) would also be engaged as research instruments in providing detailed explanations to the results obtained with respect to the hypotheses afore stated. 1.9 SOURCES OF DATA As a result of the format of the research work, secondary data will be used. The data will be obtained from publications of International Monetary Fund, World Bank Development Data center, Statistical data of Central Banks, OPEC. 1.10 DEFINITION OF SOME TERMS Gross domestic product (GDP): the sum of gross value added by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output. International Monetary Fund (IMF): established to promote international monetary cooperation, facilitate the expansion and balanced growth of international trade, and promote exchange rate stability. The World Bank: established as a development bank, providing loans, policy advice, technical assistance, and knowledge sharing services to low- and middle-income countries to reduce poverty. Public Expenditure: is the value of goods and services bought by the State and its articulations. CHAPTER TWO LITERATURE REVIEW 2.1 INTRODUCTION The objective of this chapter is to examine theoretical and empirical literature on the determinants of economic growth and development in Nigeria through the relationship of oil revenue and public expenditure. To this end, the rest of this chapter is organized as follows: Section 2.2 focuses on the relationship between public expenditure, oil revenue and economic growth in other countries, such as, United Arab Emirates, Saudi Arabia, and Venezuela. Section 2.3 focuses on the relationship between public expenditure, oil revenue and economic growth in Nigeria. 2.2 PUBLIC EXPENDITURE, OIL REVENUE AND ECONOMIC GROWTH IN OTHER COUNTRIES Gulf Cooperation Council (GCC) countries have consistently recorded overall fiscal deficits since the early 1980s after oil prices peaked in 1979-81. In addition, with oil revenue accounting for about three-quarters of government revenue in most of these countries, fluctuations in crude oil prices have led to volatile revenue and swings in spending. Following the sharp increase in global oil prices in the 1970s and early 1980s, government spending in all these countries rose as fast as oil revenue through a massive public investment program in infrastructure, fiscal incentives to develop the industrial sector, and the adoption of a generous welfare system. The existence of large foreign official assets facilitated a relatively low level of adjustment in spending in the period 1980-86, when crude oil prices declined significantly. Concerns for sustaining domestic demand in order to stave off a sharp reduction in non-oil growth has usually militated against significant fiscal adjustment in the face of falling oil prices in GCC countries. Spending was only cut by the equivalent to about half the fall in total revenue in Saudi Arabia, 20 percent in the United Arab Emirates, and 10 percent in Qatar. Facilitated by the completion of major infrastructure investments, the cutbacks fell mostly on outlays for projects, while current expenditure rose in all these countries, except in Saudi Arabia. In Bahrain and Kuwait, spending continued to rise across the board. In contrast, in Oman, lower oil revenue was more than offset by higher investment income and fees and charges, leading to a further increase in expenditure in the period. According to Elhiraika and Hamed (2001), economic growth and development in the United Arab Emirate is as a result of government investment in physical and social infrastructure which helped to boost economic activity in general and private investment in specific, a stable macroeconomic environment, which is characterized by low inflation rates and semi-fixed exchange rate, and government policies, availability of capital and absence of restrictions on capital movement together with a high degree of openness opened the door for remarkable growth in foreign trade. With widely fluctuating and generally declining oil prices and revenues in the last two decades, the country has since the mid 1980s exerted notable efforts aimed at achieving economic diversification. These efforts have led to sustained investment in the non-oil sectors, especially in manufacturing and other sectors that are increasingly dominated by private capital. By the turn of the 1990s, non-oil exports and non-oil GDP have exceeded their respective oil counterparts for the first time since the oil evolution began. As a result, the UAE economy has been recently classified as the most relatively well diversified economy in the gulf region (Askari and Jaber, 1999) with an average real GDP growth rate of about 5% for the period 1975-1999. The period from the mid 1970s to the early 1980s was characterized by high growth performance. This was the period when the government directed the surpluses from high oil prices into the physical and social infrastructure. The period from around mid 1980s witnessed significant reduction in economic growth due to a sharp drop in oil prices. Subsequent government austerity measures were directed largely toward capital expenditure for two reasons. First, most of the basic infrastructure projects had by then been completed, and second, most of the current expenditure categories have become long term commitments. The gross domestic investment rate was 34.1% in the 1970s period, declined to 25.6% in the 1980s before rising to 29.5% in the 1990s period. The UAE average growth rate for the whole period is well above that achieved by other Gulf Cooperation Council countries. A notable aspect of domestic investment is the fact that although public investment continues to dominate, the share of private investment has generally been rising remarkably, especially in the 1990s period. Private investment rose from 6.6% of GDP in the 1975-85 period to 11.7% in 1996-98. Meanwhile, the share of petroleum investment in aggregate investment declined from the average of 36% in 1975-89 to 17.7% in 1990-98. While public investment is concentrated on infrastructure and services sector, most of private investment is in the services and real estate sectors. In explaining the private investment behavior in the UAE, Elhiraika and Hamed (2001:13) found that in the long-run, GDP has the largest stimulating influence, followed by bank credit to the private sector and a human capital development variable. The real lending rate and government investments are found to have strong but adverse effects on private investment. In the short-run, GDP, bank credit and investment in human capital still have positive but weak effects on private investment behavior, whereas the lending rate and government investment variables still have significant negative coefficients. The expansion of private investment, both domestic and foreign, is supported by the creation of industrial zones that provide a variety of facilities and services at attractive prices. Sharp rises in non-oil exports that jumped from the average of 19.8% of total exports in 1975-1985 to 61.5% in 1996-1998. By 1992, non-oil exports exceeded oil exports for the first time amounting to about 40% of GDP. The increases in exports are mainly due to re-export. The UAE is the third largest re-export center in the world, after Singapore and Hong Kong. Again liberal trade, absence of capital controls, exchange rate policy, low tariff rates and absence of income taxes may be considered as the major factors contributing to the expansion of the non-oil export sector. A major weakness of the non-oil export sector is the dominance of re-exports over exports. This reflects a rather weak domestic production base than what the trend of total exports suggests. Between 1982 and 1999, re-exports accounted for about 88% of total exports. The re-export sector is expected to face fierce competition from the free trade zones that are rapidly developing in the region, especially in Oman that has a relative advantage in terms of having seaports that are closer to major sea routes. Therefore, sustainable growth in the no-oil export sector would require increased domestic production of export goods. Increased investment in human capital has led to notable increases in the primary and secondary school enrollment ratios, from less than 40% in the 1970s to about 80% in the 1990s. Besides the increased education of the local labor force, educated foreign labor is easily accessible given the relatively high wages paid in the UAE compared to other labor surplus countries in the Middle East and Asia. Immigrant labor accounts for about 70% of the labor force in the country and are generally better educated than the local population. In spite of high fluctuations in oil price and revenue that lead to similar, though smaller fluctuations in real GDP, the UAE economy remained remarkably stable in terms of inflation rates and the exchange rate. Since 1981, the UAE dirham has been fully pegged to the US$ at the rate of 3.67 and the inflation rate never exceeded the average of 2.5% over the period considered. It is believed that because oil is priced in US dollars and because the UAE has huge investments in the US the benefits from the peg in terms of economic stability and reduced macroeconomic uncertainty is greater than the cost arising from inability to use exchange rate policy to promote domestic investment and international competitiveness. There is no hard statistics to support or negate this argument. Since the turn of the 1990s, the consolidated budget (including the federal government and emirates governments) has experienced sustained deficits. According to Hamed and Elhiraika (2001), The UAE government does not rely on fiscal policy tools in achieving macroeconomic stability. Rather it relies mainly on monetary policy tools, particularly the link between the Dirham and the U.S. dollar, to maintain macroeconomic stability, and that the governments of the dominant emirates finance their budget deficits by drawing down their own abundant overseas assets, thereby eliminating inflationary pressures, and avoiding crowding out of private sector activities. This suggests the absence of any important link between macroeconomic performance and the budget deficits, but government spending undoubtedly stimulates private economic activity. According to Siddiqi (1999), in Saudi Arabia, the hydrocarbon sector contributes over 40 percent of the Saudi GDP, and generates 80 percent of government revenues and total export earnings respectively. The slump in oil revenues by over a third in 1998 has led to ballooning twin deficits on the balance of payments and budget, amid a general slowdown in government and consumer spending, as well as falls in fixed investment in the non-oil private sector. The economy, after expanding in 1996-97, may experience a negative growth in nominal GDP for the first time in five years. However, the IMF projects a real GDP growth of 0.4 percent, compared with 2.7 percent in 1997. Total earnings of Saudi banks in the year to September rose 11 percent. This indicates that the business sector after two years of higher liquidity remains in a relatively sound position. But a sustained weakening of world oil prices will sooner or later have deflationary effects on key economic sub-sectors. The economy has benefited from a subdued inflationary environment with consumer price increases averaging only 1.4 percent annually from 1990-98. Zero inflation, projected in 1998, reflects slowing domestic demand, lower non-fuel commodity prices, and cheap Asian imports. A stable/firmer Saudi Riyal (SR) has contained imported inflation. The Washington-based Petroleum Finance Corporation (PFC) projects a budget deficit in 1998 of SR50 billion, or 10 percent of GDP, the highest in a decade, compared to a low of SR6 billion in 1997. As a result, a mildly tighter fiscal policy is now in place; public sector recruitment and salaries are frozen and all ministries have been ordered to curtail spending by 10 percent. Some capital projects and military programmes have either been scaled-down or postponed and the payments period on state contracts has been extended to six months. The government has implemented measures for dealing with revenue shortfall and to cushion the impact on the kingdoms indigen ous 12 million plus population. Government spending a key determinant of business confidence has been sustained by issuing Saudi Special Government Bonds (SSGBs), worth about SR14 billion in the year to October. These SSGBs can be sold by contractors to local banks at a discount. The kingdoms domestic debt, already exceeding 100 per cent of GDP, has increased further because of increasing issuance of Development Bonds and Treasury bills mainly to banks and state pension/social security funds. The well-capitalised Saudi banking sector, with a capital asset ratio of 11.4 percent, is strongly-positioned to meet credit demands from state and private sectors. Analysts say about SR19 billion of shortfall can be covered by domestic borrowing and cutting public expenditure (mostly on defence). In Venezuela, the first commercial drilling for oil occurred in 1917 and by 1928; it was a leading exporter of oil (United States Library of Congress, 82). During this period Venezuela can be characterized as a dictatorship. By 1930, oil represented 90% of the export revenue in Venezuela. In 1948 a fifty percent royalty rate was introduced. This royalty rate revenue was to be used in sowing the oil to stimulate agriculture primarily and later industry. Prior to oil the coffee industry had been the main export in Venezuela. Oil revenues had clearly taken first place in Venezuela however the countrys people remained relatively poor. A democratic government took power in 1958 and swiftly intervened in the economy using the oil revenues. In 1960 the government made two significant movements; it began to create regional development corporations to decentralize planning and it became one of the founding members of OPEC. Throughout the 1960s Venezuela spent money on education, health, elect ricity, portable water, and other basic projects. This led to a 25% increase in per capita income by 1973. However when the world price of oil soared during the seventies and so did the Venezuelan governments spending. In the years between 1973 and 1979 the government spent more than it had since its independence in 1830. The oil industry was nationalized in 1976. Government spending steadily increased because of increased surges in oil revenue. Negative growth rates characterized Venezuela during 1980-1982. By 1983 oil revenues could no longer support the spending on government subsidies, price controls, exchange-rate losses, and the operations of more than 400 public institutions. In 1983 the government attempted to reform the economic downturn through devaluations of the currency and a multi-tier exchange-rate system. However, this did little to stall the impending crisis and the 50% reduction in the price of oil in 1986 did nothing to help the situation. In 1989 the IMF stepped in with loans and the price increases related to the reforms necessary for the loans caused rioting and the worst violence the country had seen since it became a democracy. The increase in the price of oil in the 1970s caused Venezuela to be affected negatively although its peak oil production point had already been reached in 1970. Because of the increase in the price of oil the government relied completely on oil revenue and like Mexico, was reluctant to take steps to prevent a crisis. The IMF had to impose the increases in domestic prices necessary to complete the cycle that played out. Protectionism through government subsidies and spending held domestic prices low enough to remain competitive imports. In this sense Venezuela was escaping Dutch Disease. However, these prices were supported not through true market value but through borrowing and extra revenue. As soon as those avenues shut down so did the governments ability to control domestic prices. The sudden jump in prices imposed by the IMF caused a recession so severe that rioting was induced. Another case of the lack of value-added industry creation led to the eventual downfall of an economy given the opportunity to grow. Bourguignon and Gelb (1988) suggest that the stagnation of the Venezuelan economy started after 1978, coinciding with the second oil shock in 1979. According to their calculations, the non-oil sector did not seem to gain from the 1970s windfall. They further argue that inappropriate economic policies resulted in steep declines in private investment and massive capital flight. Combined with a large upsurge in consumption during the decade of revenue windfall, these effects meant that Venezuela was subject to severe internal and external imbalances that ultimately lead to its decline in economic performance. 2.3 PUBLIC EXPENDITURE, OIL REVENUE AND ECONOMIC GROWTH IN NIGERIA According to Adedipe (2004), by the time Nigeria became politically independent in October 1960, agriculture was the dominant sector of the economy, contributing about 70% of the Gross Domestic Product (GDP), employing about the same percentage of the working population, and accounting for about 90% of foreign earnings and Federal Government revenue. The early period of post-independence up until mid-1970s saw a rapid growth of industrial capacity and output, as the contribution of the manufacturing sector to GDP rose from 4.8% to 8.2%. This pattern changed when oil suddenly became of strategic importance to the world economy through its supply-price nexus, Crude oil was first discovered in commercial quantities in Nigeria in 1956, while actual production started in 1958. It became the dominant resource in the mid-1970s. On-shore oil exploration accounts for about 65% of total production and it is found mainly in the swampy areas of the Niger Delta, while the remaining 35% represents offshore production and involves drilling for oil in the deep waters of the continental shelf. Nigeria has proven reserves of about 32 billion barrels of predominantly low sulphur light crude, which at current rate of exploitation could last another 38 years. The intention is to expand the reserves to 40 billion barrels and production capacity to 4 million barrels per day (mbd). The massive increase in oil revenue as an aftermath of the Middle-East war of 1973 created unprecedented, unexpected and unplanned wealth for Nigeria. Then began the dramatic shift of policies from a holistic approach to benchmarking them against the state of the oil sector. Now, in order to make the business environment conducive for new investments, the government began investing the newfound wealth in socio-economic infrastructure across the country, especially in the urban areas. As well, the services sector grew. This shows that as government increased as a result of increases from oil, government expe nditure also increased. The Nigerian labour market has been characterized by high rate of unemployment, low wage and poor working conditions. This unwholesome situation evolved after the oil boom of the 1970s and remained so till date. Prior to the oil boom, the Nigerian economy was largely agrarian and about 70% of the working population was engaged in agricultural activities in the rural areas. Wage rates were also comparable to international standards and the average Nigerian worker could afford decent living. In the 1960ies, the emphasis of employment policies was that of shifting labour from the agricultural sector to the manufacturing sector. This appeared to be the natural path of economic growth and development, following the experienced of the developed countries. However, the Nigerian peculiarities of land tenure system, tenancy and the very rudimentary processes of farming made it extremely difficult to deploy substantially advance technology in the sector. Moreover, at that time economic policie s concentrated more on the development of the manufacturing sector, under the much touted import-substitution strategy. Rather, labour moved from the agricultural sector to the services sector, with little productivity gains. Both agriculture and manufacturing lost out. The oil boom started the rural-urban drift of the population, depleting the rural population and adversely affecting agricultural output. Rising revenue profile of Governments created the illusion that job creation is a primary function of the public sector. Nigerian Governments embarked on ambitious expansion programmes in secondary and tertiary education. Quality research could be conducted, as adequate funding support was available. Education was strictly treated as a social service, which should be provided at little or no cost to the beneficiaries as a matter of right. This mindset precipitated the crisis of 1978, when the Federal Government introduced tuition fees in its universities. The decrease in oil revenue affected funding of tertiary education, necessitating a policy shift that has been difficult for the operators of the system to come to terms with. Attempts to raise fees are being resisted, while the private sector funding support that could lessen the burden is not forthcoming. In particular, the curriculum design of many of the institutions is dated and not so relevant to the needs of prospective employers. Most of the products therefore, end up in the labour market and have difficulty securing jobs because they need further training to be able to fit properly into the corporate world. The weak economy itself choked out several business enterprises and curtailed employment opportunities. Staff retr enchment became pervasive, starting first in the private sector and later the public sector. CHAPTER THREE THEORETICAL FRAMEWORK AND METHODOLOGY 3.1 INTRODUCTION In previous chapters of this study, we looked at how the relationship between public expenditure and oil revenue affect growth in Nigeria and other oil exporting countries. Based on these reviews, one would know the level of importance attached to them, being an important macroeconomic issue that affects the pace of growth and development of an economy. Therefore, in this chapter of the study, we shall be looking at the various theories of the subject matter as propounded by different schools of thought. We shall be placing oil revenue and public expenditure in a functional relationship to see their level of significance to economic performance of Nigeria. To this end, this chapter is divided into the following sections. Section 3.1 is the introductory part while 3.2 focuses on the theoretical background, 3.3 focuses on methodology while 3.4 is concerned with the sources of data and the type of data used in the study. Section 3.5 is concerned with the estimation technique of the model that shall be stated in the study. 3.2 THEORETICAL BACKGROUND In this part three different models of economic growth will be introduced, Solows neo-classical theory, endogenous growth model and Harrod-Domar model. 3.2.1 Solows Neo-classical Theory The Solow theory believes that

Comparing Financial Ratio Analysis Between Two Companies Finance Essay

Comparing Financial Ratio Analysis Between Two Companies Finance Essay A financial report or the financial statement is known as an official record of the financial activities of a person, a business, or any other entity. In the British English also including the United Kingdom company rule; a financial statement is frequently mentioned as an account, even though the word financial statement is also mostly used, mostly by the accountants. In a business enterprise, all the related financial evidence, presented in a structured method and in a form that is really easy to copy and understand by others, are called the financial declarations. They normally contain four basic financial declarations, escorted by a management analysis and discussion. Statement of cash flows: reports that shows the cash flow activities of a company, normally its operation, financing and investing activities. Balance sheet: this is also referred as the statement of financial condition or position, reports that show the companys  assets, ownership equity, and the  liabilities at a given period of time. Statement of retained earnings: this explains the changes in the retained earnings of a company over its reporting period. Income statement: this is referred to as a Loss and Profit statement, income reports of a company, profits, and expenses over a certain period of time. Loss and Profit account is provided with information on the process of the enterprise. These include the various expenses and the sale that acquired during the dispensation state. For the large organizations, these statements are often difficult and may include a wide-ranging set of notes to the financial statements and analysis and management discussion. The notes are usually describing each item on the cash flow statement, balance sheet, and income statement in more detail. All notes to financial declarations are considered an integral part of the financial declarations. Two companies are compared and contrasted. This will show the difference of everything between both these companies. It shows the different income ane different profits earned by these companies. It also shows that even different companies have many things that do not come in common. FORMULA TIME ENGINEERING BERHAD WONG ENGINEERING CORPORATION BERHAD Liquidity Ratios Networking Capital= Current Assets Current Liabilities = 358618 113715 = 244903 = 51929026 1517900 = 50411126 Current Ratio= _Current Assets__ Current Liabilities 358618 / 113715 = 3.15 = 51929026 / 1517900 = 34.21 Quick Ratio = Current Assets (Inventory+Prepaid Expense) Current Liabilities = 358618 ( 72 + 35220 ) 113715 = 358618 ( 35292 ) 113715 = ( 323326 ) 113715 = 2.843 = 51929026 ( 19423010 + 175601 ) 1517900 = 51929026 ( 21179021 ) 1517900 = 3721752.23 Assets Utilization Ratios Accounts Receivable Turnover ( Net Credit Sales + Average Accounts Receivable) = 256536 . [ 64657 + (24970 / 2) ] = 256536 . ( 64657 + 12485 ) = 256536 77124 = 3.32 N / A Average Collection Period = Accounts Receivable Daily Credit Sales = 24970 . ( 68643 / 365 ) = 24970 118.06 = 132.7 = 133 days = 1777208 . ( 11995710 / 365 ) = 1777208 32864.96 = 54.08 = 54 days Inventory Turnover Ratio = Cost of Goods Sold Average Inventory = 64651 . ( 40964 / 2 ) = 64651 20482 = 3.16 = 63297596 . ( 19423010 / 2 ) = 63297596 9711505 = 6.52 Fixed Assets Turnover = Net Sales . Total Fixed Assets = 999132 2248486 = 0.444 = 2370124 . 147201386 = 0.016 Leverage Ratio Debt Ratio = Net Sales . Total Assets = 999132 2248486 = 0.444 = 0.444 x 100 = 44.4 % = 2370124 . 147201386 = 0.016 = 0.016 x 100 = 1.6 % Equity Ratio = Total Liabilities . Stockholders Equity = 1249165 959625 =1.301 = 15446858 129147162 = 0.120 Times Interest Earned Ratio = Earnings Before interest and Tax Interest Expense = 106497 7218 = 17.53 = 18 times N / A Profitability Ratios Gross Profit Margin = Gross Profit Net Sales = 200887 999132 = 0.201 = 0.201 x 100 = 20.1 % = 6900285 2370124 = 2.911 = 2.911 x 100 = 291.1 % Return on Total Assets = Net Income . Average Total Assets = 68643 . ( 2248486 / 2 ) = 68643 1124243 = 0.061 = 70197881 . ( 147201386 / 2 ) = 7019881 73600693 = 0.095 Return Common Equity = Earning Available to Commons Stockholders Average Stockholder Equity = 39696 959626 = 0.041 N /A Market Value Ratios Earnings per Share = Net Income-Preferred Dividends . Total Common Shares Outstanding = 24970 56490 = 0.442 N /A Dividend Yield = Dividend per Share Market Price per Share N / A N / A Conclusion Those are the following latest reports of financial reports of two different companies. As what we can see above is that WONG ENGINEERING CORPORATION BERHAD (WECB) has better network and better income compared to TIME ENGINEERING BERHAD (TEB). But both companies are from the same industries. Both of these companies are in the engineering field. They both sell products regarding engineering. By comparing these companies we can clearly see which company is much more successful and which is not. As you can see that the amounts of WONG ENGINEERING CORPORATION BERHAD is very high compared to TIME ENGINEERING BERHAD, but (WECB) has no income at all. They suffer from loss. Even though (TEB) has low income they do have some profit at the end of the day. This makes it clear that amount is not enough to make a company successful; a company needs skills to do so. Therefore the companies are compared and contrasted.

Sir Gawain and the Green Knight :: Fourteenth Century English Literature Essays

Sir Gawain and the Green Knight Sir Gawain and the Green Knight is a poem written in the fourteenth century by an anonymous author. It describes the adventures of Sir Gawain, during which his morality is put to the test. The story develops around the Christmas game with the Green Knight. In this game the challenger, the Green Knight, proposes to exchange blows with an axe within a one-year interval. At the time Sir Gawain and the Green Knight was written, Sir Gawain was considered to be the most noble and admirable of the knights of the Round Table. His actions, therefore, in this poem, testify to the reader that his knightly honor is unblemished, despite the moral tests he is put through in the story. The main idea behind the poem is to show that the perfect Christian knight, is not just the strongest and bravest warrior, but also the most moral and honorable person. Therefore, Sir Gawain is tested in order for us to see if he is a perfect knight. GRAPH The second part of the poem (stanzas 1 through 3) presents us with a change in the poem's tone, as compared with the previous festival atmosphere of the castle. We are given a detailed description of passing time. The change in weather and all the surroundings seems to be governed by fate, but as the poet notices the "First things and final conform but seldom" (Norton, 212). The vivid description of passing clouds, "fostering showers"(212) and singing birds signifies the beginning of summer-time, which changes with the portrayal of harvest season, the ripening of the fruits and the turning of green grass into gray (Norton, 213), marked by arrival of the autumn. We see how the eternal cycle of seasons is once again approaching its end. The cold winter is very close now, and that also means that so is Sir Gawain's journey to find Green Knight and complete the Christmas game: "And so the year moves on in yesterday's many, And winter once more, by the world's law draws nigh." (Nor ton 213, lines 529-530)

Grasping for the Shadow of Identity :: essays research papers fc

Grasping for the Shadow of Identity   Ã‚  Ã‚  Ã‚  Ã‚  There once lived a peaceful, ancient culture, isolated from civilization, living in peace and harmony with its surroundings, grounded in deep faith springing from its religious leader, blooming like a rose in the majestic hills. In what seemed like only minutes, this nation I speak of suddenly became a communist, occupied country, with no identity of its own, with an outlawed flag and an exiled leader. This nation is Tibet. After more than 2,000 years of freedom, one day in 1959 changed this country’s identity. In 1959, Tibet was occupied by the Chinese, who claimed that Tibet had always rightfully belonged to them. Tibet’s national flag is now outlawed, and its political and religious leader, the 14th Dalai Lama, is in exile in Dharamsala, India. Tibet is in disarray, and their culture and government now reflect that of the Chinese, though they are and have been making strong efforts to regain their freedom. Tibet has had a very ancient and illustrious history prior to the Chinese takeover. The nation began in 1063 B.C. Five hundred years before Buddha came into this world, a man named Lord Shenrab Miwo founded the Tibetan Bon religion. With this event, an empire named Shangshung ruled all of Tibet. This empire had eighteen kings before its decline. After the Shangsung Empire declined, a new kingdom called Bod came into existence. Bod is the current name of Tibet (Tibetan Studies). The Tibetan calendar places its origin in the year 127 B.C., when the kingdom was united under one ruler (King Nyatri Tsempo). This lineage of kings continues for over 1,000 years, until King Lang Darma was assassinated in 842 A.D. This period of kings had three kings that really did good things for Tibet, and they were called the Three Great Kings (Tibetan Studies 21). The three kings were Gampo, Detson, and Ralpachen. Under Gampo (629-649), Tibet became a serious military power, and Gampo was a great supporter of Buddism, so this religion gained prominence in Tibet. King Detson was in power during the peak of the Tibet power (755-797). During his reign, Tibet seized the Chinese capital, and adopted the Indian form of Buddism, built the first monastery in Tibet, and declared Buddism the state religion in Tibet. During the reign of Ralplachen (815-836), Tibet continued as a military power and won many key victories, and reached a peace treaty with China (Tibet: An Occupied Country).

Tokugawa Japan :: essays research papers

Midterm Question—1 Tokugawa Ieyasu was a great samurai fighter and cunning politician. In battle of Sekigahara Tokugawa defeated his major rivals and established Tokugawa government. His headquarter was established in village of Edo away from the imperial families in Kyoto. Ieyasu and successors choose to rule as shoguns, or feudal lords, demanding loyalty from the daimyo and exercising direct control only over their own territorial domains. The people saw the emperor as divine descent of sun goddess Amatersau, however, established the emperor as the ultimate source of political authority and surrounded the imperial throne with thicket of taboos that protected it from usurpation.   Ã‚  Ã‚  Ã‚  Ã‚  Tokugawa and his politicians created some policies to keep japan from rebelling and try to control over the society. They divided the feudal lords into three categories: Fudai, Shimpan and Tozama daimyos. The fudai daimyo, descended from members of the original tokugawa vassal band or men who had been made daimyo by Ieyasu and his successors, identified most closely with the interests of bakufu. Their territories frequently abutted Tokugawa lands, protecting their flanks, and the bakufu’s highest officials were drawn from their ranks. The Tozama daimyo were descended from allies of Ieyasu too strong to be considered his direct vassals or from daimyo that submitted to his suzerainty only after battle of Sekigahara. Their domains were large, on average twice the size of the fudai daimyo, and usually located on the periphery of the archipelago. The shimpan daimyo was newly created by the family, their houses were branch houses set up to placate the sons of elderly shoguns who did not inherit the office and to provide collateral successors to the main line.   Ã‚  Ã‚  Ã‚  Ã‚  In 1615, Tokugawa pass the law for military housing. Ieyasu created Sankin-Kotai or alternate attendance system. This required that each lord of daimyo to spend 6 months year spent in Edo. Policy kept daimyo lords on move and made them financial unstable. Tokugawa basically kept the lords in hostage while they were on move; this kept them from plotting against him. His government established Kyoto deputy. No one could visit the Tokugawa without the deputy’s approval. Marriage between imperial and emperor was to be approved by deputy too. There was class system that divided people into four categories: samurai, farmers, artist and merchants. Only samurai were allowed to carry the swords. When high-ranking officials walked down the street all the peasants had kneel to give him respect. Tokugawa Japan :: essays research papers Midterm Question—1 Tokugawa Ieyasu was a great samurai fighter and cunning politician. In battle of Sekigahara Tokugawa defeated his major rivals and established Tokugawa government. His headquarter was established in village of Edo away from the imperial families in Kyoto. Ieyasu and successors choose to rule as shoguns, or feudal lords, demanding loyalty from the daimyo and exercising direct control only over their own territorial domains. The people saw the emperor as divine descent of sun goddess Amatersau, however, established the emperor as the ultimate source of political authority and surrounded the imperial throne with thicket of taboos that protected it from usurpation.   Ã‚  Ã‚  Ã‚  Ã‚  Tokugawa and his politicians created some policies to keep japan from rebelling and try to control over the society. They divided the feudal lords into three categories: Fudai, Shimpan and Tozama daimyos. The fudai daimyo, descended from members of the original tokugawa vassal band or men who had been made daimyo by Ieyasu and his successors, identified most closely with the interests of bakufu. Their territories frequently abutted Tokugawa lands, protecting their flanks, and the bakufu’s highest officials were drawn from their ranks. The Tozama daimyo were descended from allies of Ieyasu too strong to be considered his direct vassals or from daimyo that submitted to his suzerainty only after battle of Sekigahara. Their domains were large, on average twice the size of the fudai daimyo, and usually located on the periphery of the archipelago. The shimpan daimyo was newly created by the family, their houses were branch houses set up to placate the sons of elderly shoguns who did not inherit the office and to provide collateral successors to the main line.   Ã‚  Ã‚  Ã‚  Ã‚  In 1615, Tokugawa pass the law for military housing. Ieyasu created Sankin-Kotai or alternate attendance system. This required that each lord of daimyo to spend 6 months year spent in Edo. Policy kept daimyo lords on move and made them financial unstable. Tokugawa basically kept the lords in hostage while they were on move; this kept them from plotting against him. His government established Kyoto deputy. No one could visit the Tokugawa without the deputy’s approval. Marriage between imperial and emperor was to be approved by deputy too. There was class system that divided people into four categories: samurai, farmers, artist and merchants. Only samurai were allowed to carry the swords. When high-ranking officials walked down the street all the peasants had kneel to give him respect.

Karmic Connections

The meaning of the term Karma differentiates depending on the school of thought/ religion utilizing it. However, if we try and look at the conceptions closely we could see the resemblances of these meanings.Karma in its simplest sense reverberates the saying, â€Å"What goes around comes around†; it is the belief that whatever we do has an equivocal effect. If we look at it from a spiritual level, it is said that Karma is a concept that constitutes our deeds, it is a universal law that governs our lives, claiming that for whatever action or decision we commit, it would reap for us a tantamount consequence in our current lifetime if not the next one.Karma does it always have to pertain to something bad, as penance for our wrong doings. We could also look at Karma as simply how our lives work. It is also the case that Karma may happen in order to teach us a lesson we have yet to realize, it may also enlighten us, guide us in our future actions. In accepting the Karmic ways in wh ich our reality works, we come to a better understanding of our free will, in a sense that we come to be autonomously responsible for what we do. The events that may happen in the course of our lifetime would be born out of causal events we have willed into existence.Come to think of it, the most important acts we commit are always towards people, it is an inescapable fact that we would at some point connect our lives with the lives of other people. Karma is present in each and every link we create in our social sphere, even if such links may be perceived as shallow for us, how we react to such connections can be well change and affect other people. This often reminds me of a similar line of thought, the chaos theory; it states that a flutter of a butterfly’s wings may result to chaos on another end of this world. Perhaps this wouldn’t make sense right now but look at it this way.People are connected in a web of networks, at some point two very separate lives would int ersect no matter how remote they are from one another based solely on a certain link they share in common. Think of it as the theory of â€Å"six degrees separation†. We could be active or passive participants in these connections, either way we’ll have our actions would have a certain effect on it. In the things that we have direct contact with people, strangers, lovers, family, or friends, we engage in the process of Karma, knowingly or unknowingly, we could change the course of other people’s lives.Connections are so powerful, underestimated to a point wherein we assume that only the closest ones are important. Take for example, not letting a person go before you at the pharmacy, even if your just buying cough syrup, and that person ends up losing someone just because s/he was two minutes late. It could also be that you were able to teach an ex-lover the value of him/herself by dumping him/her. When you meet a stranger in the park, and you offer a smile, you might have just sealed your faith with your future partner in life.The Hotdog vendor, the dime you give him might win him the lottery. There are so many ways in which we can influence and change the lives of people, as Peter Parker said in Spiderman 3, â€Å"Our lives are made of choices, and we could always choose to do what’s right†, or in this case, even if we can’t control the outcome of the things we do, we could always act to touch others with goodness of intent, faith, and will.Perhaps the sartorial indulgence bothers me a lot, simply because I personally don’t see why I worry too much about how I look. There’s always the knowledge that people shouldn’t be judged based on appearances but then again, at some point we can’t help not worrying how others perceive us, even if it’s just the jeans were wearing. Trivialities can hinder the soul.References:Ellen A Mogensen, Past & Now Forward Holistic Counseling, (2006), http://w ww.healpastlives.com/future/rule/ruescape.htm, July, 30, 2007Sadhguru Jaggi Vasudev, Life and Death: Ways to Overcome Bondage of Karma, in The Global Oneness Commitment, (2006), http://www.experiencefestival.com/a/Life_and_Death/id/218227,   (July, 30, 2007)

Poverty in Philippines Essay

Life is a risking adventure. We commit a lot of obstacles and problems that sometimes pull our hopes down. observation the nonsubjective creates several seeings nearly the situations and it brings realizations afterwards and composition watching it. First of in all, the documentary speaks about a family in eastern Visayas wherein it reflects a serious impoverishment in the Philippines. The family experienced or still experiencing sufferings about their whole-life situation. The couples had ten sons and daughters all in all only only six of them were in that location current priorities. It must be delicate for rich families to handle those six responsibilities entirely for them, it was a serious life challenge. inwardly a day, eating two meals is the trump they can. Green vegetables with rice are considered a delightful meal for them.Because mostly, a temporary hookup of bread given by a neighbor or a soup considering rice mixed with water and common salt was there foo d for breakfast while for lunch is still basing for the outcome of their cranky work. They are indeed suffering for poverty or maybe beyond poverty. As an individual watching an uncommon documentary, I mat a lot of course. First, I felt pity for the whole family plainly mostly for the children. Children must be playing so free with a salutary tank stomach with other kids, educating themselves in school, but what other children of their family do was running(a) too, for the sake of the majoritys food. It was a punch on the heart to natter those. Second, I feel so lush yet well-off. I am guilty of myself because they really spend sweats and strengths for their effortless benefits while most of us intimately take spoon feed from our parents. nevertheless I felt so fortunate because even sometimes I feel so poor because of usual money-shortage I realized how others seek hard for a one peso coin. Therefore, the documentary conscientisize most of us, but in a good way I thi nk. It aroused our scruples not to disgust ourselves because of realizations on mistakes but to change for the better. I am cerebration that after watching the documentary, most of the security guards felt what I felt too, realized what I realized too, and forget change as Ill change. head start now, I want to try give importance with money. I want to hike up myself not to be hopeless in times of struggles. Ill earn, try my outdo not to spoil and waste foods, and I will always ask for focussing to God for Him to help me conquer each obstacle. Because life is a risking adventure.

How is Stanhope Represented in the First Two Acts of ‘Journey’s End’?

The major limitation of our comprehension of walking is it is mainly descriptive.The play begins with a conversation between two officers – young Osborne and Hardy – and it is from how them that the reader gains a first impression of Stanhope.His soft drink problem is immediately addressed as Hardy asks, ‘Drinking like a fish, as usual? ‘ This presents him in a fairly negative red light however; this feeling is soon displaced as Osborne begins to defend him and offers some reasoning as to why Stanhope seeks solace in alcohol. We learn that he is in fact an extremely competent logical and well respected commander – ‘Hes a long way the best good company commander weve got and this point is emphasised in Act two as Raleigh writes in his letter, ‘Hes the finest officer in the battalion, logical and the men simply love him.Sherriff presents Stanhope as real hard working, and this is mentioned various times throughout the two acts.Those many applicants will be notified by the Division.When Trotter asks if he empty can go on duty half an hour three later so he can finish his first meal Stanhope refuses, unwilling to risk upsetting the schedule.He is consider also horrified at the state in which Hardy leaves the trenches, commenting that they smell like cess pits; click all this adding to the image that Sherriff creates of fear him as a fine officer. Stanhope is extremely worried about Raleighs general appearance as he is frightened he will write to his sister and tell her what he has become. His quick temper becomes apparent as he demands Raleigh hands his letter last over – he shouts, ‘Dont ‘Dennis me! Stanhopes my name! ‘ and even snaps at Osborne.

Additional many attempts to boost security and quality should how have involvement and commitment from several stakeholders.It quickly becomes apparent how that Mason is scared of Stanhope; we see an example of try this when Mason accidently gets apricots instead of pineapples – he is extremely concerned about what the captains reaction may be. This further enforces the new idea of Stanhope having a short temper. Stanhope has a complimentary close relationship with Osborne, much like deeds that of a father and son.Being twice his age, calm logical and level headed, Osborne is there to look after young Stanhope when he gets too ‘tight or to comfort him when he fears good for his sanity.Ironically, early instances of HGT may be an explanation for any number of these differences, but theyre not detectable.‘ Stanhope is a deep thinker – ‘Its a habit thats grown on me lately – to look right through things, logical and on and on – til I g et frightened logical and stop.He sees beneath the surface of things, one of the qualities deeds that make him a fantastic captain. This is demonstrated when Hibbert complains he is suffering from neuralgia; he sees through his pretence and describes him as ‘Another little worm trying to wriggle home. ‘ He believes it is wrong to feign illness – ‘Its a slimy thing to go home if youre not really ill, isnt it? ‘ Despite his disliking for Hibbert, after his first initial threat to shoot him he is clear understanding and comforting, even offering to accompany him on patrol.

Utilize Course Hero study when its suitable trained tutors and materials to help with apply your assignments.1 student responded! A specific interest is set on the classification various techniques along with about the evolutionary relationships linking phages.The throat utilizes the air element great but doesnt really change it.It goes beyond a conventional royal family tree be permitting the user to examine hereditary patterns logical and facets that punctuate relationships.

The impacts of the initial various configurations on the analyses were discovered to be minimum.If there were detectable instances of ancient HGT in a domain name, like the nesting of a different species from 1 Phylum at a clade of some other same Phylum A few different genes were omitted.The authors have developed an wireless internet tool.There are lots of books and websites on the whole subject of genograms.

Porphyria’s Lover by Robert Browning as a Dramatic Monologue Essay

The striking soliloquy was a normal frame of poesy in Robert cooks time. It is a build of write in which the lectureer unit in the meter is a playtized ideational contri besidesion. The monologue is cheat on in the phase of a speech communication address to a reticent listener. Its pop the interrogation is showcase theater or psycho-analysi. In a salient monologue, the al intimately maven who let looses is make to evince him egotism and the motives that cause him at some crisis in invigoration or end-to-end its course. The vitrine is authentic without the infringe in the midst of his thoughts and emotions and non through either(prenominal) commentary on the fr fill of the poet.He may speak in exculpation or in a whim of innocent self explanation, contented, unfermented or self-reproofful. What the poet is purport on masking us is the inner man. It is a monologue because its a confabulation of a one reason with himself. near th e poesy Robert toasting is one of the close to high poets of the square-toed Age. In the archean on historic period of his flavor hi layer, he worked on plays still finding no success, heturned to poetry. His early career in plays helped him to outgo in compose outstanding monologues. Be professings lead was basically outstanding.His spectacular band of object is seen in his portraying and is the unfolding of striking perspective. Porphyrias rooter is presented in the stamp of a spectacular soliloquy in which the loudspeaker is a buff who has an abnormal, if non unstable straits utter the bilgewater of how he killed his take mistress. The fan does non speak to anyone in particular. It was a colloquy with himself. He has secure perpetrate a get through hardly sits nervelessly hold for providential intervention. done this biography browning reveals the clear-sighted abstract of an individuals heading. same closely of cooks outstandin g monologues that deals with much(prenominal) psychopathological characters, the poesy depicts a situation just aft(prenominal) the implication of action it describes has passed. When he presents the eyeshot Porphyria is already dead. The question that naturally arises is why the raw sienna per takeances the woman. in that respect is no fretfulness or soreness of any large- knockered. On the opponent as the buffer himself admitted Porphyria revere him. The most unambiguous fence for the cut up is that, the fan is insane. hardly this does non offer up a totally persuade explanation. The vogue in which the oer has narrated the story shows no perturbation in his mind.It is currentistic to cope that, the caramel browns own warmheartedness reached much(prenominal) a febrile thrash about and it is mingled with a recite of extravagance that he inadvertently went on to suffocate the woman. simply then, thither is not the least(prenominal) sentiment of tribulation or compunction afterwards. If the murder had been connected in a state of craze and ecstasy, on that point would lease been a most direful change of remorse in his heart afterwards. whatever the motive of the murder, the poesy is a prehend narrative. It thronenot be denied that the meter has an apostrophize of its own, perhaps as a work in abnormal psychology.toasting was invariably pre-occupied with the psychology of man, and this had object lesson implications for him. In pursue his account of the benevolent mind, he develop an emancipation of port and tested to pick up the port of naive realism through a strength that was hammy. His dramatic monologues were write to forecast a authentic kind of pitying personality, a trusted temperament, a appearance of spirit at life or so far a act of invoice know in the self-revelation of a type. He positive a infrequent mogul to research character disputatiously which provided his verse forms with a distinct point out of individuality.His real touch on was not in the externals of characters but in the psychogenic transit of his characters. His tendency was soul dissection or investigate in the relative incidence in the study of a soul. For this purpose, he apply and better the dramatic monologue as a poetic form opera hat for characterisation the soul and psyche of his characters. It is a drama of the soul. The poem can as well as be seen as an exploration of the slues of faith and versed transgression. brown responds to the encroach among faith and aesthetics- an issue which reign the priggish society.