Crime Today Essay

We can all see some logic in this type of action as â€Å"money† can cause a lot of mayhem, and it’s especially bad for people who don’t have any. Many people can recognize being poor and yearning for a better life. However, most of us do not act out in criminal ways in order to get ourselves out of financial hardship. In contrast, think about the guy who just last week went into that school and killed 20 children and 5 adults for really no reason at all. Nobody can grasp any reason at all why someone would or even could do something so gruesome and evil. It just doesn’t make sense. So why is it that crime seems so bad today than in the past. Well, I would have to say heavy population increases don’t help. All of the technological advancements only make it easier for us to see all the bad news. I think that some people knowing that the media is going to shout out their names all over the newspapers and televisions is an incentive to criminals who want to be, I guess you could say â€Å"known† for something. Crime has always existed, since the beginning of time. It’s almost like it’s human nature. Nevertheless, is America falling into a trap where crime is normal? As our prison systems grow, are we allowing crime to grow to fill the gaps, or is it the other way around? My personal opinion is that we in fact are. Did you know that when America’s crime rates declined steadily for about a decade and a half, that  the United States still had the most car thefts, the most rapes and the most murders in the world the United States still had the most car thefts, the most rapes and the most murders in the world (Economic Collapse, 2012). What does that say about us? In addition, even though the United States has the largest prison systems in the entire world (and we win by a large margin), we can see that there are still thousands or criminals reaching havoc on the streets of America every day. There are some places that are still showing a slight decline in crime rates; however, others are showing an alarming rate of crime increases. What is the answer to all of this? I’m not sure if anybody really knows. In addition to all of this, is this recent economic downturn going to turn more people into criminals? Probably so, and we don’t know how to fix it. We can only build so many prisons, and we can only afford so many police officers. Billions are spent in America and around the world each year combating crime, building prisons, paying for police and legal costs involved with crime, delinquency and other related problems, but the problem continues. It’s a never ending battle. Another thing is that a myriad of excuses and justifications for criminal behavior have replaced the principle that everyone, including the criminal, is fully responsible for his actions. Every criminal has a reason why â€Å"they† did what they did. Well, my parents abused me when I was little; I have psychological issues, etc. When does it end? Although, I do agree with this point a little bit. I do believe that poverty does increase crime. Now I’m by no means saying that just because people grow up poor that gives them the right to act out in criminal behavior, or that just because someone grew up wealthy means that they won’t resort to crime. I am just saying that I can see how the way we were brought up and the things we have experienced can create different reactions to things in life. After all, it’s our experiences in life that shape who we are as a person. There are so many different aspects or crime and crime control that I can get into, from a no-fault society to gun control. However, none of this stuff seems to really make a difference, so maybe it’s time to get together and come up with a different plan. Obviously, what we are doing as a country is not working. References The Economic Collapse. (2012). Is Crime Making a Comeback? Retrieved from: http://theeconomiccollapseblog. com/archives/is-crime-making-a-comeback-12-crime-statistics-that-make-you-wonder-what-is-happening-to-america/

Paul Levy Essay

How would you describe the situation Levy inherited at the BIDMC? What challenges did he face? Why did previous turnaround efforts fail? (4 points) Two unique corporate cultures, Beth Israel Hospital and Deaconess Hospital merged in 1996 to become Beth Israel Deaconess (BID). To compete with Partners, BID and a few other hospitals combined forces and formed Care Group Systems (CGS). Lacking leadership commitment, BID was in chaos and consistently posted operating losses in millions of dollars per year. Additionally, although advised on numerous occasions, BID was inept in implementing restructuring plans and consequently had excessive employee turnover, which resulted in poor patient care. Succinct and expert advice to reorganize BID was never implemented. Although BID would agree to change, execution was postponed or disregarded due to the myriad level of management and bureaucratic processes within each department, which appeared to function independently of one another. Unable to move forward, management was locked in mental prisons. Groupthink was common practice for making essential business decisions, which resulted in escalation of commitment in continuing past practices and refusal to accept recommended changes. BID could be referred to as egocentric as the organization maintained the status quo. As President and CEO, Levy was expected to create a rapid turnaround of the deteriorating financial condition of the hospital. He was also expected to stop the several year trend of flawed implementation of restructuring recommendations. Furthermore, he was working under intense scrutiny and pressure from many officials, including the Attorney General’s Office of the Commonwealth of Massachusetts, the BID Board of Directors (BOD) and the Board of Directors of the BID parent company, CGS. How did Levy get started in his new job? What were his objectives and what did he accomplish 1) prior to his first day of work? 2) on his first day? 3) during his first week? (4 points) Before Levy accepted the position, he made conditions for his employment. These conditions included that he be hired before the Hunter Group Report was released, that the BOD be considerably reduced in size and that the BOD stay out of the day-to-day operations of the hospital. Even as he talked to the search team, he knew the responsibilities and his own abilities. Levy wanted to be hired prior to the Hunter report so that he could use the report in ways that he thought would be best. The second condition was to shrink the BOD from a 44-member group to a more-manageable group of 18 members, which was accomplished just a few months after Levy’s appointment as CEO. The third condition of employment, that the BOD remain out of the day-to-day operations, showed that he believed in a chain of command. Levy clearly communicated any meeting between board members and staff required prior approval. On his first day, he sent every employee of the hospital a memo that included: †¢ A promise of an open administration †¢ A warning that the hospital had been given this one last chance for a turnaround †¢ A promise to post the findings and recommendations of the Hunter Consulting Group †¢ Encouragement to employees to read and make comments regarding the report †¢ A promise that changes would be implemented and measured †¢ Warning of an unavoidable elimination of several hundred staff positions in the hospital †¢ A promise that the staff reductions would be carried out as humanely possible and people would be treated with dignity and respect †¢ His expectation of successful turnaround of BID because of the employees, their commitment, their strong sense of teamwork, and their ability to succeed In his message, Levy also conveyed that: †¢ He considered all staff (not just key players) to be team members †¢ All team members must share a common goal of carrying out the mission †¢ There is a sense of urgency †¢ The Attorney General of the Commonwealth of Massachusetts had legitimate authority and control over the future of BID †¢ Staff would be held  accountable for their actions †¢ Levy would be open, honest and inclusive with information, even in the case of bad news †¢ High quality care was essential to BID’s future †¢ Together, the BID team could show the world success Levy created a sense of reality for employees whom previously had been told half-truths, lies or nothing about the serious nature of BID’s problems. In doing so, Levy gained â€Å"buy-in† from employees grateful that problems were being clearly identified by effective leadership. Also on his first day, Levy shared his message with local news agencies, which accomplished among other things letting the community know that he considered â€Å"buy-in† from the staff critical to success. According to his daily calendar, Levy spent much of his first week meeting with BID staff. What (if anything) was distinctive about the way Levy went about formulating, announcing and implementing the recovery plan? How did he overcome resistance? (3 points) Levy’s practice of speaking with staff likely induced his ability to gather as much information as possible regarding the current mood and culture. This information was needed to develop and implement a plan. Initially, his recovery plan had to include huge cost-saving initiatives. He had already set the stage for a massive lay-off by posting the Hunter Report for all employees to read. Therefore, it was relatively easy for him to fire/permanently lay-off 150 people by the end of the month. After all, he was only doing what the experts recommended. Who could argue with that? At the same time, purchasing controls were implemented in an effort to reduce costs. The next week, he rolled out additional strategic efforts. His plan was three-fold: regain a reputation for quality patient care and maintain an academic status; adopt some of the recommendations of the Hunter Group Report, implementing change; and, analyze why previous restructure plans failed and why this new one would work. Another of Levy’s implementation  plans was to promise low and deliver high. In other words, he knew the importance of meeting deadlines and plans by being conservative and not over-estimating. This practice is often referred to as â€Å"sand-bagging† and believed to be a useful tool. Levy’s intent was not to be deceitful; rather, it is a way of keeping forward momentum by delivering good news. How did Levy tackle the problem of the BIDMC’s â€Å"curious inability to decide?† (3 points) It was not until Levy came in and talked with the doctors and staff, really listening to each other’s problems and concerns that change could happen. Levy realized that the culture of BID played a significant role in the organization. People reacted and performed their jobs considering how they had performed their jobs in the past. The current structure and hierarchy defined who the chiefs were and the importance of their roles. They were caught up in this psychic prison. Levy had to help them overcome it by making sure they realized that they were not wrong and that they just needed to be open to change. Levy tried to get to the underside of the human emotions for these chiefs and let them see the benefit of changes. He made sure to give credit but also expected results and acceptance of the new strategic plan. While there is no indication as to which personnel were fired/laid-off, it was clear to the remaining staff that Levy was in charge and that â€Å"slackers† wou ld not be tolerated. This is a powerful motivator (albeit via fear) to eliminate resistance. Also prior to Levy, it seemed that committee meetings often resulted in groupthink. Levy knew that the chiefs were usually involved in those meetings, and that there was now a tremendous need to see results from those meetings. In the past, no one spoke up at meetings. Many participants kept quiet instead of actually saying what they thought. Staff members were afraid to rock the boat. Once Levy came on board, many decisions and changes were implemented via steering committees instead of from the chiefs. This was a significant change in the hierarchical structure. No longer did all decisions and ideas come straight down from the boss in the tower. This change allowed staff members to get involved and present ideas. Ultimately,  it would be staff members whom had a key role in the implementation of turnaround plans. This â€Å"empowerment† of the staff led them to have less resistance toward change. In describing his leadership style, Levy speaks of the CEO as teacher. How has he defined that role? Why has he chosen to focus on it? What skills does it require? (3 points) Levy’s leadership style is a strategic facilitator, through developing employee ownership by illuminating the nature of the problem and seeking their involvement in finding solutions. Levy believed it essential to build a core management team that is in accord with the plan, mission and values and who are willing to assume risk in embracing change. The CEO role is to support the management team and remove those who are obstructionists. The byproduct is improved decision-making and accountability. He uses peer pressure as an accountability tool so there is public acknowledgment of responsibility for specific tasks. By redirecting comments from naysayers, Levy places the onus on others to provide a solution for problems. Additionally, Levy understands the dynamics of each meeting and what can and cannot be accomplished in each. Levy used a human resources view in assessing various situations. He leveraged this framework while making a majority of his decisions. He valued feedback from his employees and kept them abreast of pertinent information, which resulted in efficient and satisfied employees. Levy accomplished this literally by roaming the hospital with the intent on knowing the staff in person. He would engage in conversations seeking suggestions for change in their occupational area and reassured skeptics that his plan for change would be successful. Levy’s efforts to include everyone in the day-to-day progress as well as helping employees find answers to their problems, made the work more satisfying to his employees. What did members of your team learn from completing this case? How might members of your team use this information in their current or  future jobs?

Joan Miro and Dutch Interior Essay

Joan Miro created a surrealist painting, a style that expresses the subconscious using imagery in the subject matter, Dutch Interior shows a man playing the guitar at a table. There are animals and a women sitting around him listening to the beautiful sound. Miro used a wide array of colors especially green and white to emphasize a happy day. He uses complementary colors to allow the colors to clash and have things stand out and be unified from the rest of the canvas. Joan Miro created this painting by observing another painting called The Lute Player. He painted, distorted, simplified and abstracted it by drawing only what he thought was important of the object and using the colors he thought best represented the figure. Miro feels that it is not important to show every little detail because doing that gives your imagination no room to imagine. To him abstracting his images is the best way for him to express his inner feelings. In this painting the Dutch Interior he feels the most i mportant thing is the fact that a man is playing a guitar and so he paints that. He does not think the painting was painted to show the mans velvet hat so he leaves that out. Miro puts a happy warm feeling into his work by painting soft but brilliant colors onto his canvas. He puts soft whites into his painting to emphasize that warm mood of joy. Miro uses the color white also to show important areas of the canvas. Miro also uses some principles of design to try to give this feeling. He uses movement to lead your eye around starting from the man playing the guitar and ending in the lower left hand corner at the place where the dog is sitting. The central focus is the man playing the guitar because he is what the whole painting is basically about. One other important principle of design he uses is asymmetrical balance. There are the same amount of things happening on both sides of the musician. On the left you have a dog starring up at him and listening to the comforting music while on the right side the cat is doing the same thing. Although the central focus is the musician things are happening through out the canvas. Such as out the window there are people sailing boats and inside there are many different animals listening. I get the feeling of a happy day and all is going well and there is nice soft music in the background. The day is calm and nothing can go wrong, everything is just perfect. This painting was painted for the one reason to make people warm and happy inside and to tell people every where that detail is not needed in a painting as long as you have your imagination leading you through it. Miro wants to tell you that there is more to art than recognizable subject matter. You don’t have to know what your looking at.

Promotion Strategies Case Study Example | Topics and Well Written Essays - 500 words

Promotion Strategies - Case Study Example Another important factor which affects the respondent's interest is because their inclination towards performance, it is very common for them to completely neglect the other programs in the general newsletter. Many a time they just have a glance and most of the time the other programs get completely neglected. The general newsletter is perhaps the most effective way of communication; it has been successful in marketing almost anything. All most all the donors recall getting a newsletter and this goes to show that it is very effective. The lapsed donors were unsuccessful and this goes to show that the donations received by Bell aren't quite utilized the way it is meant to be utilized. Bell can undoubtedly improve on its communication, their financial report can be provided to the donors if not on a monthly basis but at least on a quarterly basis. The donors stop contributing towards the organization because of two main reasons, they either run out of money or they lose the desire to help the same organization over and over again. If they run out of money then it is still acceptable because upon recuperating, they will again start helping the organization. If they stop because of lost interest in the organization, then they can be retained by improving the communication system at Bell.

Social Networking Product Assignment Example | Topics and Well Written Essays - 2000 words

Social Networking Product - Assignment Example However, there are some critics regarding child safety and social and cultural issues which require more attention and modification in the corporate policy. The aim of this section would be to help marketing managers at myspace.com to make their decisions based on marketing strategies and tactics. The main issues to have the Gap Analysis on are "Target Customers" and "Market Forecasts". MySpace is presently known as the world's sixth most popular English-language website and also the third popular website in the United States. Therefore it is needed to have a comparison between the first goals of MySpace comparing the current target customers. We need to know who uses MySpace now and who makes a benefit of it. Gap Analysis helps us to do this comparison and close the gaps using tactical approaches. MySpace influences the market too. People join this web site for free and they can get a personalized website for themselves trying to promote their products to millions of people whit out paying money to rent a domain or to pay a lot of cash to build a website. For example in music industry, "bands that have no money to invest in marketing can now expose their homemade sound to a pretty big demographic, the entire world. Bands can customize their site and update it with new music, tour dates, pictures, friends, and blogs about different topics." (Minor, 2007) There are also copyright issues caused by the users who place copyrighted content on the website and gain the access of the product to millions of people for free which needs Gap Analysis. Also the share of MySpace in the market can also be considered. Using market forecasts, we can have a review on future numbers, features and tendencies of the MySpace market and the influence on other markets. 2. Product Concept In Marketing Mix, "The major marketing management decisions can be classified in one of the following four categories: Product, Price, Place (distribution) and Promotion. The product is the physical product or service offered to the consumer. In the case of physical products, it also refers to any services or conveniences that are part of the offering. Product decisions include aspects such as function, appearance, packaging, service, warranty, etc."(QuickMBA, 2007) MySpace is a service which functions as social networking website, providing the opportunity for people to get closer to each other, form communities and share the information of their interest. "Pricing decisions should take into account profit margins and the probable pricing response of competitors. Pricing includes not only the list price, but also discounts, financing, and other options such as leasing." (QuickMBA, 2007) MySpace not only provides its services at no charge for consumers but it helps millions of people to promote their own product and services for free and helps them make a huge amount of money and this makes it very popular and growing. "Place (or placement) decisions are those associated with channels of distribution that serve as the

Stress Coursework Example | Topics and Well Written Essays - 250 words

Stress - Coursework Example If things were entirely out of my control, I would leave the matter to God understanding the fact that I have made the necessary effort. Some new techniques of stress management that I have learnt in this module include exercise and yoga. I would definitely like to try these techniques because they have many benefits in addition to relieving stress. For example, exercise keeps you physically fit and healthy while nourishing the brain (Nordqvist, 2009). Your body has a direct impact on your mind. The healthier the body, the healthier the mind gets. Likewise, yoga helps you concentrate and focus your attention, which helps relieve anxiety and depression because the mind gets free of ambiguities. My decision to start school requires me to make certain changes in my life. For example, to be able to achieve this goal, I would have to be more punctual. I would have to develop better time management skills. Furthermore, I would have to develop interest in academics and be dedicated to my wo rk to be able to achieve perfection in this

Marketing Management Principles, Practices and Religion Essay

Marketing Management Principles, Practices and Religion - Essay Example On the other end, faith, which happens to be the greatest provider of meaning in all people’s lives fails to register not even a single statement on the radar of nearly every mainline of marketing reading materials published in the past rigid couple of decades. This apparent and particular paradox is the systemic provider of the backdrop to this paper. Today, different analysts are examining the berthing idea of adjoining politics and religion into the broadened marketing camp. There are brief contemporary reviews of religious marketing, where analysts are undertaking comparison of politics and religion to assess whether these pillars can conform to a uniform framework of marketing for environments, which are non-business. Again, there is critical examination of the idea that religious economy validates marketing in faith environments. All these examinations depict a common factor whereby, they all aim at determining whether it is appropriate to apply marketing management prin ciples and practices to religion (Daft & Marci, 2010). This paper will explore significant objectives that revolve around adopting principles of marketing and methods that show the degree in which marketing management principles finds it appropriate to apply adoption of religious practices and principles.... best part of the past century is that, there has been continuous adoption of marketing principles and practices but its seeds are appearing in the modern part of early years of the twentieth century where disciplinary forms of academics are revealing modern systems of marketing in politics. Years earlier, innovators came up with mass leafleting, polling through computers, personal letters, and established relationship between marketing, and the World Wide Web where efforts to incorporate business and religion passed fruitlessly. This is because of the fact that, most of these innovations oriented business into politics as opposed to business and religion (Curry, 2009). A brief survey of religious marketing Late twentieth century witnessed accelerated adoption of methods of marketing from the mainstream of consumer marketing to initiation in different aspects of life such as religion. At the close of twentieth century, every channel presented and segmented different religious services where the public has an opportunity of choosing. Different writers started documenting the emergency of religious marketing as part of academic focus in early 1980s. Since then, publishing of religious marketing management reading materials started only to last for no more than a year (Vallabhaneni, 2008). However, as time went on, these religious reading materials took a different direction as they started appearing once more in the late 1990s. Particularly, in the US where there a number of organizations equipped with special knowledge, books, and courses were available with the view of helping churches grow and expand their congregations by applying marketing methods and practices into their marketing mainstream. The challenge of religious marketing Even though there are no conventional

Determining Causes and Effects Research Paper Example | Topics and Well Written Essays - 750 words

Determining Causes and Effects - Research Paper Example In July 2009, unemployment figures stood at sixteen percent of white youth, twenty-one percent of Hispanic youths, and thirty-one percent of black youths (Janoski, Luke, & Oliver, 2014). Other estimates that include people who are no longer seeking employment due to discouragement, and those who are underemployed measure at twenty-one percent of the aggregate national unemployment rate. Same as unemployment, underemployment has unequally distributed cases among the youth, women and black employees. Unemployment refers to a situation where people are ready and able to work, but there is no employment for them. There are different forms of unemployment. It can be Structural, Frictional, or Cyclical. The extent to which unemployment affects the nation is shown by the amount of attention given to the monthly Employment Report put out by the Bureau of Labor Statistics. The subject that tops the list is unemployment. Statistics on unemployment do not only show the level of employment but also show how satisfied or dissatisfied the citizens are with the government and their leaders. Widespread and lingering unemployment has dire consequences not just for the nation’s economy but also for the unemployed. During the recession, the unemployment rate hit the ten percent mark. Layoffs were also on the rise. However, layoffs are not the primary causes of unemployment. The factor which drove the unemployment rates so high during the recession was the lack of creation of new jobs. In the 2001 recession, employers shed two and a half million jobs in six quarters more than in the 2009 recession (Janoski, Luke, & Oliver, 2014). The reason for this is the significant drop in the rate of jobs creation. The downfall of the housing bubble, the credit crunch, and unfavorable economic policies made the country less attractive to entrepreneurs. The poor business climate also discouraged business owners from expanding. As the level of job creation falls, while the

Definition of Art Essay Example | Topics and Well Written Essays - 750 words

Definition of Art - Essay Example It communicates not only the artist ideas but also its emotion. It is largely based and facilitated more by intuition than reason as the receiver is more dependent on the experience and feeling evoked by the art. While art can be interpreted by logical reasoning as what was impressed to the spectator, the experience, however, is still subjective and relative to the interpretation of the receiver. Such, while the intellectual faculty is stimulated by the impression of a particular art form, it still appeals largely on emotion. And unlike the Scientific subject, art is generally organized in accordance with the technique or medium rather than the specialization of knowledge. Artistic technique refers to the degree of fluency of the artist in rendering the art through a medium. For example, with regard to its classification according to the medium, art can be categorized as the performing arts or literature. With regard to other media such as the material or component in rendering the a rtistic by-product, it can also be classified as â€Å"painting† in reference to the medium of paint of rendering the artistic impression. Art also requires a loftier sense of ability or mastery of its medium. It can be the well-versed articulation and adept use of a language to impart meaning and substance that moves the readers. That mastery of the language, whether it be the creative style or the originality of the approach of rendering the thoughts, or a combination of the two, has been best exemplified by the works of William Shakespeare as it enables the reader to grasp his meaning while regurgitating the manner it was conveyed with words. The fluency of technical execution can also be construed as art and even a requirement as manifested in Leonardo da Vinci’s works. For art is subjective and relative to the experience of its viewers, making the judgment about its value can be difficult. The quality or value of art is difficult to determine for the criteria of w hat makes good or bad art is also relative; whether it is the technical fluency of the artist or the intent and impact of the art to its receiver determines a good or bad art is difficult to say. Perception differs from one person to another. But regardless of its subjectivity, it is commonly agreed that what is not aesthetically satisfying cannot be considered as an art. Aesthetic satisfaction is not only confined to beauty, however; gory and horrible images that are intended for social or thought-provoking intention can also be considered as art although its prime motivation is not the aesthetic pursuit. The classic example to this would be Pablo Picasso’s Guemica (1937) In the twentieth century,  where he utilized arresting cubist  techniques and unembellished  monochromatic oils, to portray the dreadful result of a contemporary bombing of a small, ancient Basque town. Even blasphemous rendering can still be considered as an art as exampled by   Andres Serrano's  Piss Christ  (1989) where a photograph of a cross which is considered holy to the Christian religion, depicted  Christ's sacrifice and final suffering in a manner that is immersed in the artist’s own urine.  Ã‚  

Bank of America Acquisition of Merrill Lynch Essay

Bank of America Acquisition of Merrill Lynch - Essay Example The investing and securities industry in the United States is quite successful with its level of growth before the recession being astronomic over the past couple of years. The country maintained a distinct difference between commercial and investment banks before 1999. This in effect means that the industry enjoyed massive benefits as the banks concentrated only on certain banking activities without competing much with the players in the investment banking industry. On the other hand, the industry includes approximately 3000 companies which have total revenue of close to 200 billion dollars (Hoovers par 1). The investment banking industry is much concentrated with the first 50 major players accounting for close to 90% of the industry’s earnings according to Hoovers (par 1). The investment banks commonly target those who have property which include land, buildings and other fixed assets the main customers being the middle class (Perkins 14). Some of the main competitors of Bank of America in its acquisition of Merrill Lynch include Wells Fargo and Company, The Goldman Sachs Group Incorporated and JP Morgan Chase and Corporation, and Citigroup. Bank of America Merrill Lynch is considered the world’s largest brokerage having at least 15000 brokers and a client asset base of about 2.2 billion dollars. In this regard, it fairs competitively compared to its main competitors both in the investment and brokerage ventures. Bank of America in itself has remained for long the second most capitalized bank in the United States. The bank serves more than 150 countries and has relationships with many Fortune 500 companies (Matthew, Carrick and Dan 14). In terms of total revenue, the Bank of America is 5th largest in the USA. There are several small brokerage firms that are far less capitalized in the US which little threaten the establishment of the Acquisition. The main competitors in the market including Wells Fargo

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

Aquaculture - Essay Example The impact of wastes from the aquaculture pollutes the aquatic environment, because aquaculture is also an industry, which produces sea species in large amount. The modern methods of aquaculture have been found to pollute seawater and fresh waters than that of fish farming. Reading and Midlen [1998] suggests that â€Å"without drastically changing agricultural farming practices this situation will not change in the foreseeable future† p-21. They quote a survey report as an illustration â€Å"for example, fish farming in Denmark accounts for less than 1% of the total nitrogen loading and less than 2% of the total phosphorous loading [FES, 1992. In this respect, the environmental impact from fish farming waste is small in comparison to the potential impact of agricultural wastes†p-21. The most significant effect of the aqua waste is the nutrient concentrations in natural waters, which results in an increase of plankton and microbial populations. The wasted fish feed becomes the source of the wastes. Some of the nutrients present in the fish feed for fishes grown in aquaculture does not allow the nutrients that come through the wastes to get dissolved. Reading and Midlen [1998] observe this undissolved waste as â€Å"solid faecal waste†. The excretion of chemical and drugs used in aquaculture for maintenance is another polluting agent affecting the fresh water environment. This excretion of chemicals excreted as wastes are accumulated as organic sediments in the fresh and seawater environment. Therefore, researches are going on to make this aquaculture eco friendly. Since the aquaculture requires a fresh water system, the effect of the chemicals and drugs used in an aqua system has more possibilities to pollute the water system. Ponds are generally preferred to cultivate aquatic species. However, the problem related in farming inside a pond is that walls are constructed to

Engineering codes of ethics, case scenarios, and societies that enforce them Essay Example for Free

Engineering codes of ethics, case scenarios, and societies that enforce them Essay Ethics can be defined as a branch within the wider field of philosophy whose main concern is addressing the issue of morality. Morality as a concept seeks to justify actions as good or bad, right or wrong and whether such actions are justified and virtuous. Ethics in itself is divided into many categories which normally vary to suit the issue at hand. From a general perspective, ethics can be widely grouped into theoretical and practical ethics. The theoretical aspect is concerned with theoretical meanings of moral propositions and the manner in which their truth values can be ascertained. The practical aspect of ethics seeks to address the possibility of achieving moral outcomes in a given situation (Luegenbiehl, 2003). Engineering ethics in this context is part of applied ethics that is skewed towards the examination and the setting of standards concerning the duty of an engineer to the general public, how they should attend to their clients, their duty to their employer, and their obligation towards enhancing and maintaining the moral integrity of the engineering profession. Engineering as a profession is very diverse in terms of the possible branches one can venture into. This diversity make some of the engineering fields share only very limited principles. While most of these disciplines tend to complement each other, these engineers are bound to work in different environments. As such there cannot be a unifying code of ethics for the whole engineering fraternity. Ethical codes in this profession are largely dependent on the exact field of specialization and the jurisdiction of practice. Another factor that comes into play is whether an engineer is providing consultancy service to his clients or the engineer is an employee of a given manufacturing enterprise (Colby Sullivan, 2008). In most countries, the engineers who attend to their clients are normally referred to as professional engineers and are usually licensed. They abide by codes that ensure professional ethics and to a larger extent governed by a number of statutes. Their counterparts who practice in the manufacturing industry have to abide by certain laws, key among them being whistle blowing and also the law of product liability. Their practice leans more towards business ethics as compared to engineering ethics. Professional engineers are usually in private practice and are always responsible for drafting some of the codes of ethics that govern their profession. Engineers who practice in the industrial sector do not enjoy accreditation by the relevant government agencies. It is an arguable fact that despite the field and sector of practice, these engineers face similar ethical issues. Similar in the sense that they share the same root causes but only change slightly in form depending on the discipline and the sector of practice (Luegenbiehl, 2003). Engineering societies have for a long time drafted their own codes of ethics. These codes of ethics have undergone a series of refinement over time in a bid to make them more viable to overcoming ethical issues. Such codes of ethics usually act as general guidelines since ethical issues are very diverse and as such some of these codes have to be adjusted to suit the situation at hand. In the United Kingdom, a notable example is the ‘Institution of Civil Engineers (ICE)’, which chose to incorporate its ethical codes into the standards of conduct. The code of ethics in engineering basically seeks to ensure the wellbeing of the public, the clients in the case of a professional engineer, the employer for the engineers who practice in the industry, and for the enhancement of the moral integrity of the engineering profession (Colby Sullivan, 2008). Any engineering profession is susceptible to a number of risks some of which may be detrimental to a wider section of the population. With this risk in mind, the first aim of an engineer is to ensure the safety and health, not only of the general public but also for themselves and their workmates. Engineers are required to subscribe to principles that ensure sustainable development in the course of their undertakings. Since the engineering profession is very diverse, an engineer who may be very competent in his field of specialization may not be able to achieve much in another line of engineering. For most of the engineering societies around the world, there are basic ethical codes that they seem to share in common. A code of ethics in the field of engineering always restricts engineers to stick to their areas of specialization. This is to avoid exposing himself and the general public to the imminent danger. An engineer is required to speak the truth on the technical aspects of a job and maintain a professional relationship with the employer or his client. Conflict of interest is a sure way to compromise and as such should always be avoided by an engineer. An engineer is supposed to safeguard the integrity and the interest of the engineering profession. In as much as an engineer is supposed to advance career wise, they have an obligation of ensuring professional growth for their juniors. According to the law of whistle blowing, an engineer is more obliged to safety than he is to the client or to his employer. This law requires the engineer to report cases where their employers or clients fail to follow their directions and in the process are exposing the public to potential danger. In some instances, some the relevant authorities fail to take action and this may end up in the engineer going public (Luegenbiehl, 2003). The most notable cases of disaster in the field of engineering have been caused by both technical and ethical issues. While some of these accidents have been due to technical aspects and design inadequacies, others have been due to inefficient management culture. Some of the cases that have been established to have an ethical dimension on their occurrence include the Chernobyl disaster, Bhopal disaster, Boston molasses accident, Johnstown Flood, just to mention but a few (Pfatteicher, 2001). Chernobyl disaster was an incident that took place in Ukraine, and it involved the meltdown in a nuclear reactor plant. This accident was to a larger extent blamed on human error. The personnel were blamed for using a limited ‘operational reactivity margin. ’ The disaster caused to the people living within the neighbourhood was immense in gravity and most of the effects were of a long term nature. The mental health of the people was extremely affected; cases of cancer were later reported to be rampant in the area. All these effects came about due to the irradiation of the area by radioactive material. The workers were also affected with more than thirty losing their lives within a span of three months from the time of occurrence of the disaster. An advisory group that was later formed to look into the cause of this disaster blamed the people who were responsible for the design of the power plant. They failed to consider certain pertinent aspects of the design which could have prevented such an occurrence or which could have ensured that the accident did not proceed to reach the level it did. It was realized that in the course of preparation and subsequent testing of turbine generators, it was done without the incorporation of systems that were responsible for technical protection. This was viewed to have been a breach of the safety provisions that were required for the actual technical exercise (Pfatteicher, 2001). Some of the most outstanding organizations that are concerned with engineering ethics include the ‘Institute of Civil Engineers (ICE)’ in the United Kingdom, the ‘Canadian Society for Professional Engineers,’ and the ‘National Society of Professional Engineers (NSPE)’ which have been seen to be championing for the upholding of ethical practices within the engineering field. The reasons for their establishments are to ensure that engineers in private practice, the government and in the manufacturing sector are able to subscribe to a common code of ethics within a given jurisdiction. Such bodies have certain punitive measures to their members in cases where ethics appear to have been sidelined in making decisions. To ensure that engineers adhere to such codes set by these organizations, it is mandatory to be registered with certain bodies within given jurisdictions to practice as an engineer (Haws, 2001). There has been a general drift towards formulating an all encompassing code of ethics for all engineers throughout the world. This has been noted by the fact that the codes formulated by most societies throughout the world appear to be having certain similarities. While this appears to be a very noble idea, some room and allowances will have to be allowed to accommodate the different cultures in the world. It is deemed that developing a set of common ethical codes and supplementing it with additional entries that regard the cultural setting and the exact field of specialization within engineering. The codes should be set out in such a manner that no confusion can be reported within a given jurisdiction (Luegenbiehl, 2003). References: Colby, A. , Sullivan, W. M. 2008, â€Å"Ethics Teaching in Undergraduate Engineering Education. † Journal of Engineering Education, Vol. 97. Haws, D. R. 2001, â€Å"Ethics Instruction in Engineering Education: a (Mini) Meta-analysis. † Journal of Engineering Education, Vol. 90. Luegenbiehl, H. C. 2003, Themes for an International Code of Engineering Ethics. Retrieved on 9th February 2010, from: http://www. asee. org/conferences/international/papers/upload/Themes-for-Int-l-Code-of-Eng-Ethics. pdf . Pfatteicher, S. K. , 2001, â€Å"Teaching Vs. Preaching: Ec2000 and the Engineering Ethics Dilemma. † Journal of Engineering Education, Vol. 90.

Lg India Core Competencies Marketing Essay

Lg India Core Competencies Marketing Essay Indian telecommunication industry is considered one of the biggest markets worldwide. LG Electronics entered the Indian telecom market in 1997 as a subsidiary named LG Electronics Pvt. Ltd. The entering strategy was just to create a company presence in India (Tolputt, 1999). LG faced many difficulties in developing a market share in mobile sector but later somehow managed to achieve 4.6% while the leading company Nokia was ranking at 64%. Quickly thereafter, LG was able to attain a position of 14.4% in urban market due to adoption of CDMA technology. In the year 2007-2008 only it generated revenue of above $30 billion which went up to about $54 billion in 2012. Great company, great people is the philosophy of LG. This philosophy indicates the LGs vision to provision and adopt innovative technology. Technology has the power to alter consumers expectations. LG has achieved remarkable success due to its core competencies, availability and exploitation of resources. Promotion of LG mobile phone is mostly celebrity endorsed or cricket sponsored to increase public visibility of the brand. Other forms of advertising are also adopted to boost the sales and electronic media has proved to be the most effective of all for LG in the recent years (Gulati and Jain, 2010). LG India Core Competencies Network Capabilities Previously Indian market was crowded with GSM enabled phones and LG came up with CDMA technology focused on urban populations requirements of fast mobile data availability. This was a positive move and resulted in developing the brand name for LG in India. Moreover, LG smartphones began to attain public attention embedded with HSDPA compatibility and 3G data interface thus video calling was introduced to the people. LG Electronics has also registered itself as a patent to operate in latest LTE technology standard and working hard to boost its hardware / software capabilities (Levi and Jeyaseeli, 2011). Innovative Product Development So far LG has launched more than 50 mobile handset models in a couple of years most of these fall in the smartphone category. LG Optimus series has become among the most popular mobile series in India due to feature rich Android platform and latest hardware specifications. This series is easily catering several entry level smartphones for design conscious consumers. Android OS has become the largest smartphone platform recently and it has more than 20% market share in Indian telecom market last year. Pricing policy of LG has always focused low to mid range customers while features offered are always great as offered in pro devices of other companies. In order to satisfy the growing economies, LG has always paid attention to keep its handsets affordable for masses (Mukherjee, 2011). All the LG registered phone models are prepared in Korea and these handsets are customized according to Indian standards prior to their launch in the subcontinent. The batteries provided with these handsets are made of high quality material that is durable and efficient to withstand extensive operating conditions. All the batteries meet the minimum 10 hours talk time limit and on standby can hold charge for at least a whole month. LG phones offer young consumers a great fun and entertainment platform with fully supported multimedia capabilities. LG handsets are very stylish and sleek either these are QWERTY phones or touch sensitive phones. For music lovers, KS360 delivers the beats while KM710 is an elegant phone for fashion loving people featuring crispy LCD display. LG shine series is also very popular with metallic body and perfect finish (Verma, 2007). Multi-Sourcing Company has adopted a multi-sourcing strategy based on human resource for developing chipsets thus adding efficiency to the overall product development process. So, production staff works side by side with chipset producers for accessing the technical capabilities of phones based on these chipsets (Venkatesh and Chaudhuri, 2004). Marketing and branding teams also work alongside during designing of the handsets and launching model based ideal promotion strategies. After that the quality checking team for vigorous testing of the phones hardware efficiency, durability and reliability. Software compatibility issues are also addressed by the quality check team before approving any device (Chong, 2003). Distribution Network LG has developed an extensive distribution chain targeting retail outlets in an organized way to build the brand value. Distribution network of LG has spread nationwide and once a product is launched, it becomes available countrywide in the entire major and tier 2/3 cities simultaneously. Thus distribution network is among the sole competencies of LG Electronics and is a useful tool that plays its role in generating revenues. There are about 80,000 retails outlets in India operating at present and above 70% outlets of the country feature and sell LG mobile phones. LG Electronics offers its Indian distributors much higher percentage for a better display and promotion of their mobiles to lure their customers (Levi and Jeyaseeli, 2011). Strategic Alliances Over the years, LG is known to develop by making collaborations and acquisitions in the Electronics market. Every company has its strengths and weaknesses so realizing this fact LG has partnered strategically with other organizations to meet the customer expectations and delivering premium quality mobile phones. Some of the companies that are working alongside with LG and providing technical assistance in different fields are; Skype, Sun, Intel, Qualcomm, Yahoo, Google, Adobe and Dolby etc. These companies provide their registered software/hardware solutions for certain features of LG marked mobile handsets (Levi and Jeyaseeli, 2011). Research and Development In order to achieve the status of worlds leading phone manufacturer, LG has invested heavily in the research and development. The company believes that without research and development of technology success can not be achieved in telecom industry due to ever changing standards and innovations. LG Electronics has achieved expertise in all modern cellular technology ranging from GSM, CDMA and WCDMA. Moreover the company is preparing itself to introduce LTE technology is upcoming range of cell phones. LTE is the fastest data standard in mobile technology that can transfer data at ultra speeds that exceed ten times as compared to regular ADSL connections. There is a recent report published by the Taurus Investment that recognizes LG as the registered 3rd largest patient in LTE segment (Levi and Jeyaseeli, 2011).

Internal And External Influences Of Dell Computers Commerce Essay

Internal And External Influences Of Dell Computers Commerce Essay The organization being chosen to carry out such change management process analysis is the computer industry and the organization company in focus is amicably regarding DELL Computers. Thus, change processes in business organizations involves the reality behind every process and is considered as a daily cycle in dealing to various issues and concerns of the organization as it depends on the managements actions and its respected change of nature in dealing with effective change management as directed at overcoming anger and resentment evolving into a program that supports acceptance and internalization. As a consultant commenting on the organizational change process choosing DELL organization as the focal point for discussion and analysis for this presentation, my role to the organization is to have a clear emphasis dealing to the external and internal change drivers and other essential points needed for the realization of purpose for this report presentation for the senior management of the DELL in providing factual information that will be able to give a better substantive spontaneity of understanding of such organizational state needed for selection and the application of the appropriate management models as well as concepts per se.   1.0 Introduction In this assignment, I will be using Dell Corporation to complete task 1 and 2. Task 1 is about determining and analyzing Dells internal and external influences. The external factors are the elements come from outside the organization that beyond the control of organization and internal factors are the influences within the organization. In task 2, political change, effectiveness and improvements of the Dell will be discussed. 1.1 Background Information of Dell Michael Dell, the founder of Dell in 1984. Michael Dell started selling personal computers out of his dorm room at the University of Texas in Austin. Dell has a simple concept that is by selling computer systems directly to their target customers by cutting out retailers and suppliers. Dell listens and understands customers needs and delivers the most effective computing solutions to meet those needs. Dell is the number 1 PC provider in the United States and number 2 worldwide. Dell was also listed in Forbes magazine as the 25th largest company on the Fortune 500 list. Dell headquarter is located at Texas, United States. In 2009, Dell has employed more than 76,500 people worldwide. Dell sells its products directly to customers such as government agencies, public institutes, healthcare and educational institutions, small to large businesses through sales representatives, telephone-based sales, and online through the company web site. 2.0 Internal Factors Internal factors or influences include statement of mission, vision and goals, product and services, leadership and SWOT analysis. 2.1 Statement of Mission, Vision and Goals Dells success is based on a simple premise that is to listen to customers, delivers technology and services they value. Dells mission is to be the most successful computer company in the world at delivering the best customer experience in markets we serve, by means of meeting customer expectations of highest quality, leading technology, company accountability and support as well as flexible customization capability, and financial stability. The company vision was to produce computers that could easily be fitted with individual components to build a computer system to accommodate individual requirements. Dells primary goal is to customize, design and built products to satisfy they customers requirements so that customers can get exactly what they desire.   Dell has achieved their main goal by doing business directly with customers one at a time. They believed that they could better than anyone in the world. This is their primary goal because they want to be the best at what they do and make a profit.   Dell feels that their great customer service will keeps customer loyal. Dells another goal is to become the greenest technology company in the world. Dell has launched a long-term, global effort to become the greenest technology company in the planet. It has set an ambitious Zero Carbon Initiative whereby it aims to maximize the energy efficiency of Dell products, and over time offset their carbon impact. Furthermore, Dell is going to extend its Plant a Tree for Me programme into Europe and Dell will also continue offering its consumers worldwide free recycling for used Dell equipment and other branded equipment when new Dell hardware is purchased. 2.2 Products and Services Dell is globally recognized for award winning products and outstanding services. Dells dedication to customer satisfaction means that consumer can count on them for a responsive, reliable, quality service. Dell pay attention and listen to their customers needs and wants. Thereby, Dell delivers innovative technology and services they trust and value. Dell offers a wide range of product such as desktop computers, notebook computers, network servers, workstations, handheld computers, monitors, printers, high-end storage products, and a variety of computer peripherals and software. Dells systems are built to order and so that customers have the freedom to choose what requirements they require. Other than that, the company is now offering wide range of electronics and PC accessories networking accessories, digital cameras and camcorders, gaming consoles and software, LCD televisions, projectors and surround sound speakers. Moreover, Dell has designed smart, simple services to fit the curr ent customers lifestyle and it has brought customers a lot of convenience. Dell also provides 24/7 customers service and support tool that secure customers personal data and keep their system running in good condition. Dell technology experts can remotely access a customers computer to solve issues instantly. 2.3 Leadership 2.4 SWOT analysis Strengths One of the best renowned computer brands Dell is the largest PC maker in the world and also well-known for online selling of computers. Dell offers a wide range of PC, Laptops, Monitors and LCDs, hardware and software. The companys web site received at least 25 million visits at more than 50 country-specific sites. Direct to customer business model Dell sells directly to their customers by cutting out the retailers and suppliers. Dells efficient procurement, manufacturing and distribution process allowing it to offer customers powerful systems at competitive prices. Dell provides top-notch customer service before and after the sale and also 24 hours customer service and support. Customization Every Dell system is built to order. Dell built computer based on customer provided specifications. So customers get exactly what they desire. Weaknesses No Proprietary Technology Dell does not have proprietary technology, the current technology used by Dell are shared by the other major competitors. Product Failure There is the occasional product recall that can cause Dell some embarrassment. In 2004, 4.4 million laptop adapters are recalled back because of a fear that they might overheat. Opportunities Diversification Dell is introducing many new products to its range through diversification. This initially has meant good such as printers, desktop and laptops, but now also includes LCD televisions and other non-computing goods. Strong market potential Dell has the opportunity for expansion in all parts of the world, especially in markets outside of the U.S.; in all customer segments; and in all product categories. The number of PC users is expected to hit or exceed 1 billion by 2010. Threats Competitor Dell attracts customers through cost saving. Since competitors are offering computers at low costs, this could threaten Dells price-conscious growing customer base. With almost similar prices, price difference is no longer an issue for customers. Technology Advancement Rapid change in technology obsoletes the product in small span of time. Dell has to keep up with technological advancements to be able to compete. Currency fluctuation Changes in world currencies can affect production costs. As the costs of supplies increase, the price of the computers will also increase. 3.0 External Factors The external environments consist of Porters 5 and PESTLE analysis. PEST is very effective for the understanding of business situation and global issues and Porters 5 analyses the companys external environment in an existing market or a new one. 3.1 PEST analysis of Dell Corporation 3.1.1 Political Political factors include government regulations and legal issues determining the conditions under which companies have to operate. Dell Corporation encounters problems in certain countries where political stability is not guaranteed, no matter whether companies operate production facilities or if they do business with that country through exports or imports. Many countries still have restrictive policies such as the trade quotas and certain government regulations that implies on MNC (Multinational corporations) which are maintained to protect domestic manufacturers and production. These policies are more likely to obstruct foreign companies from investing or entering into these markets. The only possibility to do business in those countries is to establish partnerships with local companies such as joint ventures or strategic alliances, where they are additionally forced to accept minority shares and to provide resources concerning money, local culture and technological knowledge. Ho wever, the computer industry sees great potential in those countries with looser and less restricted government regulations for countries like China which has opened for many industries since its accession to the WTO in 2001. This causes the globalisation trade barriers to be less restricted and the opportunities for new market to emerge thus allowing free trade to expand. 3.1.2 Economic Economic conditions influences both demand/supply, capital and cost and is greatly influences by political and government policies. The computer industry expects a growth of approximately ten percent over the next years. This growth is influenced by the economic situation in a specific country, having an impact on the purchasing power of potential customers. Hence, changing inflation rates and currency fluctuation also determine the profitability of a company. I the cost of capital is low it will be an interesting market for firms to invest and expand in the market thoroughly. Certain countries in Asia represent a great opportunity for firms to invest and expand in. For example, in Malaysia GDP for 2007 was estimated at 357.9 billion with a growth rate of 6.3%, while in 2008 it comes with a growth rate of 5.0%. Apparently in 2009 the growth rate has increased from 2008 of 5.0% to 2009 of 5.2%. 3.1.3 Social The social cultural factor represents the demand and taste. Promotional and pricing strategies will have to change according to the market saturation to adapt to the consumer demand. The national demand for computers is dependent on the educational level prevailing in a specific country. The higher the educational standard, the higher is the demand. Furthermore, computers get more and more involved in daily life. Today, children are more exposed to computers compared to the 1990s. Firms should be aware of demographics changes as the structure of the population by ages, affluence, regions, the employment rates can strongly influences the demand and supply for a particular products and services. Therefore, threats to existing products might be increasing and this indirectly causes the opportunities for differentiation and market segmentation to increase. 3.1.4 Technological The technology today has indeed become an asset rather than a liability to human beings today. Firms must evolve accordingly in order to stay competitive among existing rivals in the market. Plus technology external can also be captures and used, and this again can be influenced by government support and encouragement. New technology can be useful in both manufacturing and services for a better and more efficient and effective output. For example, in Malaysia Dell corporation is famous for producing affordable and good quality laptops such as the Dell Inspiron and Dell Studio laptops to suit all range of income earners and taste. 3.2 Porters five Forces Five forces analysis help the marketer to compare and contrast a competitive environment. It has similarities with other tools for environmental audit, such as PEST analysis, but tends to focus on the single, stand alone, business or SBU (Strategic Business Unit) rather than a single product or range of products. For example, Dell would analyze the market for Business Computers (one of Dells SBU units) 3.2.1 Threat of New Entrants (moderate) Barriers to entry, however can restrict the firms from entering the market, more number of entry barriers will make it difficult for the new entrants to exploit the opportunity of new market. Existing firms which produces at economies of scale makes it difficult for new firms to enter the market. Certain distribution channels are control by either the government or existing firms and makes it difficult for new entrants. Furthermore, not all programs can work all computers therefore switching costs is quite high. This causes customers to stay with the same product because it can be expensive to buy new software for a new system. 3.2.2 Bargaining Power of Buyers (high) The bargaining power of buyer increases when there is a huge amount of players in the market. Rival firms offer discounts, warranty and services to switch the consumer from one brand to another in the same industry. Consumers are highly price-sensitive and might switch to other PC company if Dell increases their price. Thus, Dell can lower this threat by differentiating their products. Customers select mainly based on price although Dell differentiate their products because customers might not see much differences between products. Firms should maintain good relationships with customers by practicing CRM processes in the company. For example, P G has an online portal to ask the customer about their views, opinions and new ideas about the products of their desire. 3.2.3 Rivalry among existing firms (Strong) It refers to the war between the firms competing in the same industry for gaining customer share in order to increase their revenues and profits. Dell is offering affordability computers and excellent customer service which could stay competitive in the industry. 3.2.4 Threat of Substitutes (moderate) Other gadgets such as mobile phones can be a threat to computers due to enhancement of phone features that have similarities with PDAs. A firm faces intense competition from substitute product producing firms, when the customer cost of switching is lower, substitute products are better in quality and functionality. The competitive strength can be determined by market share, sales pattern, producers adding capacity for more production, and rise in profits. 3.2.5 Bargaining power of supplier (moderate) Bargaining power of suppliers affect the intensity of competition especially if there are huge numbers of suppliers in the market plus less availability of raw material and the cost of switching between suppliers or raw material is high in the market. The influences of certain huge suppliers such as Microsoft enforce computer manufacturers to load Windows in their computers and place their logo on laptops, desktops and server machines. Task 2 4.0 Influence on policies and decision making The influence on policies and decision making is partly based on the revolution of globalization and world economy is usually recognized as being driven by the combination of political, economies, socio cultural, technological and biological factors. A firm would be able to analyze the situation through PEST analysis, SWOT and Porters 5 forces. During the worlds worst hit global economy crisis 3 years back, the whole world suffered in a lot of aspects. The United States economy tumbles like never before and because America is the worlds biggest exporter and importer in terms of trade, it gradually affects other countries. 4.1 Global economy crisis in the world During the global economy crisis in 2008, the United States experienced a serious financial crisis which turned into a major economic recession. Both events also spilled over to the rest of the world resulting in a global economic crisis. (Financial Crisis and Global Recession, 2008) Inflation rises and consumers are more sensitive about their spending, hence this causes the government will have to come out with stimulus plans to restructure the economy and to decrease unemployment rate which is rising rapidly. Dell corporation second quarter profits falls 17% from a profit of $746 million, or 33 cents per share, the company reported a year ago and announces the firms restructuring plan of 10% cuts in global jobs that equate to job losses of around 9,000. Dell also closes its plant in Austin, Texas as part of its restructuring plan to save $3billion over the next 3 years. Shares of Dell rose 31 cents to close at $19.92. They dropped and then regained 25 cents in after-hours trading. 4.2 Global Corporate Responsibility of Dell Corporation Dell Corporation, a truly globalized information technology infrastructure and those who build, run and use it are creating a new era, the Connected Era. Dell wants to develop a generation of young people across the globe that is prepared to connect to the whole new world. (Dell Global Giving, 2010) Dell has always been practicing this principle and culture since the firms incorporation. For example, Dell has launched a new signature program called Dell Youth Connect to prepare while help unleashing the talent of young people through technology and designed to provide support for education and digital inclusion initiatives that the company considers essential to ensuring the next generations success in the Connected Era. India, Mexico and Brazil are the recipients where Askhara Foundation is founded in Bangalore and American Indian Foundation in Hyderabad. 4.3 The increasing effects of global warming Global warming has risen to become an issue and has turned into a catalyst. It is believed to be cause by human activity such as fossil fuel burning, deforestation, greenhouse emissions and pollution. The effect is devastating and is causing the earths global temperature to increase and this leads to the rise of sea levels and will change the amount and pattern of precipitation. Apparently, Dell Corporation is committed to becoming the greenest technology company on the planet. The company has built environmental considerations into every stage of the product life cycle ranging from development and design, to manufacturing and operations, to customer use and end of life product disposition for more than a decade. Dell Corporation, not known as a cleantech company, but long known for being a supply chain expert and direct marketing leader in PCs and electronic devices, is turning its attention to global warming and at least working to provide consumers some greener product options and more consumer information. For example, Dell created the Plant A Tree program to make it easy for customers to offset the greenhouse gas emissions from the computer equipment and to help build a healthier planet  while practicing the slogan one tree and forest at a time. Customers can easily participate by purchasing new Dell products and simply add the Plant a Tree option to the shopping cart while shopping online. Non customers can easily donate by logging in to the carbonfund.org/Dell website to contribute to the program. 4.4 The Emergence of Asia on the economy factors There are currently 28 emerging markets in the world and by far China and India are the two largest markets in the world currently. Since Chinas emergence in WTO in 2001, China has been growing rapidly in terms of growth and industrialization along with India. These two countries are the worlds fastest growing country in terms of GDP growth and trade. Dell Corporation waste no further time by announcing its partnership with Chinas largest consumer electronics retailers Gome. The company also plans to pursue partnership like this in other Asian countries. Dell opens its 1st outlet in Malaysia called Dell Direct Store at Mid Valle Mega Mall, one of the busiest shopping mall in Kuala Lumpur (KL) in 2007. Dell has since begun operating a plant producing for Latin Americas and the US markets in Malaysia in 1995. This shows that Dell already saw the opportunities to expand in the Asia markets long before it started to blossom. (Blogjer, 2009) The income statement shown above is the reported earnings of Dell Corporation. Dells revenue has been increasing steadily from 2006 until it decreases starting from 2009, which is where the period of time the global recessions affect the world. Due to the Global recession, Dell has to restructure the company and this leads to closure of plants and sacking of employees. Even though the US market is a slump, apparently, Asia continues to be one of the few bright spots for the computer industry. For example, the company is cutting workers and idling some facilities in Texas because of slow computer demand in the United States , despite that international sales still remain strong. The Round Rock, Texas-based company reported a 5 per cent dip in its global profit and an 11 per cent increase in global revenue during the fourth quarter, but reported a strong double-digit growth in markets such as India and China. The companys revenue rose 52 per cent year on year in India during the fourth quarter (ending January 29) , and 81 per cent in China in 2010. This shows the sign of economy recovery, but still international sales are by far larger than sales in the US years ago. 5.1 Awards for environmental core Dell Corporation values honesty, integrity and the highest level of ethical conduct. Hence, starting in 2000, Dell began the Soul of Dell initiative to redefine our values and elucidate what Dell aspires to be as a company. (Ethics and Compliance, 2010) 5.1.1 Business Ethics Magazines Top 10 Best Corporate Citizens Dell ranked No. 9 in Business Ethics list of 100 Best Corporate Citizens among major U.S. companies. The annual 100 Best Corporate Citizens list evaluates the top 1,000 largest publicly-traded companies in the U.S. and is based on a statistical analysis of performance in the following eight stakeholder categories: shareholders, community, governance, diversity, employees, environment, human rights and product. Dell scored highest this year in the categories of employee relations, community engagement and environmental responsibility. Dell has been ranked for six of the lists seven years of publication. In recent years, Dell has won acclaim for the companys commitment to corporate citizenship, notably as the 2005 winner of the Business Ethics Environmental Progress Award. (Ethics and Compliance, 2010) 5.1.2 The Tim McClure Award (Outstanding Environmental and Community Leadership) The National Recycling Coalition awarded Balcones Recycling partnership with Dell Computer Corp. The award salutes organizations that show initiative and commitment to recycling, the environment and the community. Since Dells partnership with Balcones Recycling began in 1997, the computer giant has achieved a remarkable 80 percent recycling rate and has diverted more than 40,000 tons (1,700 tons per month) of material from local landfills and saved more than $16 million ($1.3 million per month) every year. Dells R3 reduce, reuse, recycle implementation in recycling and waste reduction that includes focusing on recycling within Dells offices and manufacturing facilities in the United States, and in schools near the companys headquarters in central Texas. Balconess recycling partnership with Dell represents one of the largest and most successful waste minimization, diversion and recycling efforts in the United States. Balcones anything that tears office recycling program at Dell is the largest in US, this allows Dell employees to mix all types of recyclable papers such as cardboard, office paper, plastics, foams in the container making it the most user friendly recycling system in the country. Innovative reuse programs developed by Balcones Recycling have had the single greatest economic and environmental impact on the results of R3. In Dells manufacturing facilities, innovative reuse programs put into action by Balcones save packaging materials and parts, and then returns them to suppliers. (CHARLOTTE, 2009) Refer to appendix 1 6.0 Area for improvements Although Dell is an extremely successful company, there are areas of improvements and enhancements that should be considered. The computer industry focuses mainly on technology, therefore for Dell to stay competitive among firms in the industry, Dell should innovate and constantly adapt to the new technology for technology will have a significant impact on Dells success and future. Dell Corporation is famous for its affordable and good quality computers. Dell can invest more in the research and development to develop new products and services, even though Dell is a leader in e commerce computer hardware market and sets the highest sales in online sales in US, still the company can initiate a program called Customer Survey to gain more market share. For example, like what the company did in Twitter and Facebook , Dell Corporation managed to get a $3 million revenue through Twitter and the company placed 200 employees on the social networking site to interact with customers about techn ical support and customer demands. The company can also implement a program to reduce errors in their direct Internet ordering system and create a Clearance area on its website for systems produced in error because most of Dells sales come from online sales. Therefore, customer should not have bad experience when purchasing online on Dells official website because leaving a good impression and experience in the customer is always good for business no matter if the customers are just consulting or purchasing. Dells customer support service can also be enhanced, apparently the company spends $150 million to improve on customer service but recorded a 5 % drop in the American Customer Satisfaction Index. Dells global brand identity is also undeniably strong but in new and blooming market such as India, China, Vietnam, Indonesia and so on, Dell can increase their company recognition through a national advertising campaign. Mutual agreement within a company and government to achieve a cer tain goals and objectives can be obtained and are very beneficial towards both sides. 7.0 Conclusion Dell is a very successful company in the world due to the companys high level in understanding of customer needs and satisfaction. The company listens to what customer wants and needs and then implements it into the companys system, products and services. Dell implements the direct business model since it was 1st founded by the current chairman Michael Dell, even till today, Dells environmental programs for product asset recovery and product design for environment have spanned more than a decade. The company designs and customizes products and services to the requirements of the organizations and individuals, and sells an extensive selection of peripheral hardware and computing software. One of Dells missions is to engage stakeholders to improve products and processes for the beneficial of everybody in the process. Dell is expanding from selling desktop computer market to enterprise computing, a move that involves building high-powered server computers. The companys expertise in sell ing over the Internet and efficient supplier network are critical if Dell is to drive better value for its customers, plus the internet has become a booming business in all kinds of industry and are increasing the demand for network computers for many years to come. If Dell wants to optimize their return on investment, they must continue to form strong customer relationship as well as vendor relationships and participation.

Appearnce Vs. Reality Othello Essay -- essays research papers

â€Å" I am not what I am.† What is Iago? Iago’s actual personality is quite distant from what he pretends to be. In Shakespeare’s Othello, the reader is presented the classic battle between good and evil. It is these forces of evil that ultimately lead to the breakdown of Othello. Othello's breakdown results in the murder of his wife Desdemona. Desdemona is representative of the good in nature. Good can be defined as forgiving, honest, innocent and unsuspecting. The evil contained within Othello is by no means magical or mythical yet is represented by the character Iago. Iago is cunning, untrustworthy, selfish, and plotting. He uses these traits to his advantage by slowly planning his own triumph while watching the demise of others. It is this that is Iago's motivation. Iago uses the weaknesses of Othello, specifically jealousy and his devotion to things as they seem, to conquer him. From the start of the play, Iago's scheming ability is shown when he convinces Roderigo to tell about Othello and Desdemonda's elopement to Desdemona's father, Brabantio. Confidently Iago continues his plot successfully, making fools of others, and himself being rewarded. Except Roderigo, no one is aware of Iago's plans. This is because Iago pretends to be an honest man loyal to his superiors. Othello was reeled expertly into Othello’s plans. He staged many things-having him eavesdrop on Iago and Cassio’s conversation about Bianca, and also, Cassio wiping his beard with the sacred handkerchief. The...

Government Should Establish Program To Reduce Juvenile Crime :: essays research papers

Government Should Establish Program To Reduce Juvenile Crime   Ã‚  Ã‚  Ã‚  Ã‚  Juvenile crime is increasing rapidly and is a problem that plagues America. The murder rate by 18 year olds has increased 467% since 1965! The current policy maintained for the last number of decades is clearly not effective. An increase of 207% in the number of murder cases committed by 15 year olds from 1985 to 1993 is not a sign that current policy is effective. Changes must be made. The best way to address the problem is through government funded preventative programs. The affirmative intends to prove, and stands resolved, that the federal government should establish a program to substantially reduce juvenile crime.   Ã‚  Ã‚  Ã‚  Ã‚  This, by definition, means that the federal government would benefit the country by taking action and making government programs that will decrease the number of crimes committed by minors. Contention I: The status quo is only harming the people of the united states by remaining. Subpoint A: It has become clear that the state and local governments have failed in correcting the nation wide epidemic of juvenile crime, since juvenile crime rates are rising so rapidly. Subpoint 1:An example of an ineffective state plan is that many states are attempting to incarcerate juveniles along with adults. Putting juvenile offenders in with adults increases their chances offending again when they are released by 65%. Subpoint 2: SHOCAP, a local crime reduction plan, was shut down because it was ineffective. Subpoint B: Local plans are too diverse and lack uniformity. Subpoint 1: A plan that can lift up the entire country are far superior to those that can only effect small parts.. Iowa may indeed have smaller problems than New York but Juvenile crime exists everywhere. Subpoint 2:In the hands of the federal government, a more effective, tax worthy and moral shaping plan can be spread throughout the entire united states and benefit the country as a whole. Utilizing this information from the faults and few successes of the states, will help correctly fund and perfect an active plan which will indeed begin to substantially reduce juvenile crime, before it happens...through the methods of prevention.   Ã‚  Ã‚  Ã‚  Ã‚  The plan that we the affirmative propose is one that institutes a combination of different preventative programs which the federal government will entirely set up, fund, and work with these community efforts.   Ã‚  Ã‚  Ã‚  Ã‚  Plank I: This preventative program will be funded through the organization of juvenile justice and delinquency prevention program, a federal agency which consists of 17 separate groups involved in delinquency prevention. They are equipped with 144 million dollars with which they can assist the communities to create these life saving programs.

Why College Athletes Should Get Paid

The single most debated topic when it comes to compensating student-athletes concerns whether student athletes should be paid beyond the full cost of attending school. The pay for play doctrine, in which athletes would earn a portion of the revenue they help generate, is a highly controversial topic that has become more popular in recent years. The arguments in favor of pay for play originate from the fact that the players are the reason why the NCAA is able to make television contracts. These contracts include $11 billion over 14 years Just for the television rights to March Madness.Without the players of different sports and genders, the NCAA would not exist, let alone be able to sign huge contracts like that. Also, the report on â€Å"The Price of Poverty in Big Time College Sport† found statistics that show that these athletes deserve to be compensated. By using NFL and NBA collective bargaining agreements to estimate the fair market value of FBS football and basketball pl ayers, the study found that football players attending the University of Texas and basketball players at Duke have enormous fair market values. Football players at Texas have a fair market value of $513,922, while basketball players atDuke have a fair market value of $1 according to the study. I don't feel that these players need to be paid that much because that is more than minimum salaries in both professional leagues, but from a business standpoint it isn't ethical for these athletes to not be paid. Representative Bobby Rush of Illinois attended a congressional roundtable discussion on college sports in Washington, DC and described what the NCAA does as â€Å"a systemic, ongoing, prolonged abuse of thousands and thousands of innocent young men and women who are only trying to make a life for themselves and live the American dream.Athletes from the football got in trouble because their athletes received improper benefits would argue that pay for play would put an end to the blac k market for paying players. Many argue that these athletes are at school to get an education, but some come from families that could use the extra money for necessities. If these athletes were to get paid to play it could give them an incentive to not sell merchandise and to stay in school and get their degree.Also, Rob Gilmore who is an ESPN college football analyst states that at least 42 of the 119 division 1 football coaches earn more than $1 million per ear, but the athletes are the ones out on the field. So if it wasn't for the performance of the athletes, the coaches would not earn those salaries. When he played for the Ohio State Buckeyes, Terrell Pryor was a superstar of the game. Not only was he one of the best quarterbacks, but overall was one of the best players and that is why him selling memorabilia, was so widely publicized.Like I stated in my introduction, more and more players are selling memorabilia because of necessities that loved ones may need in time of their absence from home. In an article covered y ESPN Terrell Pryor was quoted saying, â€Å"The reason why I did it was to pay my mother's gas bill and some of her rent. I was telling the NCAA, ‘Please, anything that you can do. I gave my mother this so my sister wouldn't be cold, so my mother wouldn't be cold. ‘ They didn't have any sympathy for me. Pryor also told reporters that he sold his pants for $3,000 but friends of Pryor's said that he made off of autographs. The point is there is going to be stars of the college game that take advantage of their stardom and ones that need the extra help to support their family when they leave for college. By paying these athletes a fair amount you could be doing them a well deserved Justice as well as doing away with a lot of the behind the scenes scandals. Not only is paying athletes the ethical thing to do, but when other people benefit from their pay it is possible for the law to be broke.One law that the NCAA violates when prof iting of the student-athletes is the right of publicity. The law is defined as â€Å"The right of publicity prevents the unauthorized commercial use of an individual's name, likeness, or other recognizable aspects of one's persona. It gives an individual the exclusive right to license the use f their identity for commercial promotion. † This also shows that the NCAA violates the law by not allowing the student-athletes to profit off their own personas. One example of how the NCAA violates the Right to Publicity is through Jersey sales.Up until recently they did this in two ways; one way was selling game worn Jerseys to retailors, the other which has been stopped was selling replica Jerseys on the NCAA online store. Under the common law of Right to Publicity the NCAA should not be able to sell used Jerseys to retailors without consent of the player and should also include some compensation for the sale. The player whose Jersey is being sold would not have as high of value if t he said player would have never played for an NCAA school.The NCAA uses the success of an athlete or program/school to make a profit on its Jersey sales. Contrary to the success of a team where it's not the name on the back you play for but it's the name on the front, Jersey sales are based more on the name of the player on the Jersey or of the player who wore it. This stays true even in professional sport, When Lebron James moved from the Cleveland Cavaliers to the Miami Heat he still stayed in the top 10 in Jersey sales. This shows that the of his own publicity that he makes money.The other way the NCAA made money from Jersey sales was from selling them on the online store. Even though the NCAA ended this in September it is still very relevant. This aspect of Jersey sales was brought into the spot light when Texas A&M Johnny Manziel football player was put into the spotlight when he was accused of selling merchandise and making a profit, an NCAA violation. When his status as an am ateur athlete, which would make him ineligible to compete in the NCAA, was in question; many former NCAA athletes came to the defense of Manziel.One former Duke Basketball player, Jay Bilas, accused the NCAA of being hypocrites when he went on their store and was able to search any players Jersey by name and buy it, even though the NCAA is not allowed to use players names in their sale of Jerseys. The NCAA suspended their direct merchandise sales in September due to the outrage over the issue. These two examples, selling used Jerseys and selling replica Jerseys, show that the NCAA was in violation of the Right to Publicly.The NCAA either needs to forego all merchandise sales tied directly to its athletes or they need to offer some compensation for any ales that the NCAA benefits from its athletes. Another way the NCAA violates the right to publicity is in the video games they create partnered with EA Sports. This is currently a hot topic and is being argued in courts. Former UCLA ba sketball player Ed O'Bannon filed a lawsuit against the NCAA for using his image in a video game. The NCAA and EA Sports currently make video games for football but in the past had made them for basketball and baseball.The video games do not use player names but they do use their numbers and accurately portray player's skill sets and body types. O'Bannon has gained tremendous support from former athletes saying that they deserve compensation because the NCAA and EA Sports both profited from the players likeness. So far EA Sports has settled for 40 million dollars, which will be distributed between 200,000-300,000 current and former NCAA athletes. The current lawsuit between O'Bannon and the NCAA is ongoing.Many people covering the lawsuit are calling the NCAA hypocritical because they do not allow student-athletes to profit off themselves but the NCAA has taken many steps to make money from the student-athletes, none of which is seen by the student-athletes. The fact that EA Sports settled in its case shows that they understand that the NCAA did something wrong. The fact that the NCAA will not admit to that and still withholds its student- athletes from making money off themselves while he NCAA continues to do so Just shows that the system needs to be adjusted to better help the student-athletes.The NCAA is an organization that should be looking out for the best interest of its student-athletes. For the most part the NCAA does this but when it comes to compensation the NCAA needs to adjust. The way the NCAA has treated its student- athletes would rival forms of theft. Between the sale of Jerseys and profiting of layers personas in video games, the student-athletes should have earned some compensation for being the driving factor behind the revenues made from these two activities.From the examples listed above the NCAA needs to revise its bylaws that deal with players and making money/being compensated. It is not legally and morally correct to be withholding mo ney from student-athletes who had a large part in generating the money.

Fdi Inindia Ananalysis on Theimpact of Fdi in Indias Retail Sector-

FDI in India An depth psychology on the electric shock of FDI in Indias sell orbit Submitted By Subhajit Ray plane section of humanistic discipline and friendly Sciences IIT Kharagpur Kharagpur-721302 1 Introduction initially the Indian insurance make conceptualisers were quite perceptive ab egress the f measly of unconnected dandy into the miserliness. This flush toilet be attri b arlyed to the colonial prehistorical which saw round enthronisations being do by their colonial rulers in the give of major(ip) infra bodily structure instruments compar commensu place railways and only to make ample reachs for themselves and sucking the multitude untaught of its visions. and mensesly the globose providence has been witnessing an incessant manakin of sparing app completion duration char coiffureerized by the f start of large(p) from the demonstrable world to the development countries. During the mid-nineties extraneous Direct coronation (FDI) became the hit largest address of external finance for the ontogeny countries. When faced with an frugal crisis during the same power point the Indian form _or_ system of presidency makers had to open up the Indian market and pactingly India has been eyesight a consistent addition in FDI inflows.Indian economy has been showing upliftedschool ontogenesis lay protrudes in the post libearned run averagelization era. In the last fiscal form according to the formulation commissions data the Indian economy put down a show up pinkation rank of 8. 6% and 8% in the year originally. This is mind enough to call it a mellow performing economy. All Multi National Enterprises (MNEs) switch been eyeing the Indian market ever since they necessitate opened up. The constitution makers shake been smartly pursuing the restores program as they count that high-pitched product has been the resultant of economicalalal loosening.FDI has been seen as a dominant determinative to achieve high drift of economic branch because of the ease with which it contri besidese lease in scarce chief city, triggers applied science beam and kindles the strength by increasing the fighting of the market. Also FDI as a form of insurance instrument to raise enceinte is usually preferred everyplace an other(a)(prenominal) forms of external finance because they are non-debt creating, non-volatile and their returns work come in on the performance of the projects financed by the investors.FDI is triple-crown in human with child(p) fundamental law, increases fare factor productiveness and efficiency of re ancestry use. But much(prenominal) benefits are passing dependent on the policies of the host politics. It is further more described as a ascendent of economic development, modal valuernization, and role generation. Several factors some(prenominal)(prenominal) political and apolitical have cut to a greater acceptance of FDI. The visualise portion out of FDI has evolved from that of a tool to straighten out the crisis under the license raj system to that of a modernizing force of the Indian economy.In aver of their enterprisingness the indemnity makers have often cited the employment of the Chinese have it off of achieving high result commit by with(predicate) outside(prenominal) implore investing funds. India has opened up its economy and allowed MNEs in the core celestial spheres such as author and Fuels, Electrical Equipments, Transport, Chemicals, Food Processing, 2 Metallurgical, Drugs and Pharmaceuticals, Textiles, and industrial Machinery as a part of crystalize subprogram started in the beginning of 1990s. shortly FDI is as well as permissible in the telecommunicationmunications, Banking, indemnity and IT celestial sphere. Currently at that place is huge count going on some allowing FDI in sell.This paper aims to discuss the critical aspects of FDI in India, present a in shimmy theatre o f mathematical processs on the triumph of reforms in the telecommunications arena, probe both sides of the motives currently going on regarding FDI in sell and conclude with indicative legal communitys on the part of the regime which provoke eliminate the negative personal effectuate of allowing FDI in Indias sell vault of heaven. Assessing the impact of FDI on host economy- a re forecast of respective(a) economic literatures FDI inflow into the core firmaments is untrue to play a vital comp wiznt as a source of bully vigilance and engineering science in countries of passing economies.It implies that FDI commode have ordained effects on a host economys development effort (Caves, 1974 Kokko, 1994 Markusen, 1995 Carves, 1996 Sahoo, Mathiyazhagan and Parida 2001). It has been argued that FDI can bring the technical dissemination to the empyreans done knowledge spillover and levys a faster rate of maturement of output via change order of magnitude prod produ ctivity. There have been a surge of empirical studies to assess the impact of FDI in developing economies and the results to this date have been build to be mixed.Mevery reports have questioned the positive effects of the FDI inflow in the host demesne. whatever studies done earlier had found that FDI has a negative impact on the fruit of the developing countries (Singer,1950 Griffin, 1970 Weisskof, 1972). Multinational Enterprises (MNEs) in the pretend of FDI may drive out the topical anesthetic firms because of their oligopolistic power, and bid unused(p), the repatriation of profit may drain out the large(p) of the host country. The main(prenominal) argument in this regard was that the main subdivision of FDI in less developing countries was in the primary arena.Then these primary products were exportinged to the developed nations and bear upon for importee back to the developing nations and thusly resulted in the host nations receiving a lesser value for their resources. Hanson (2001) argues that present that FDI generates positive spillovers for host countries is weak. In a re spot of little data on spillovers from distant- possess to home(prenominal)ally owned firms Gorg and Greenwood (2002) conclude that the effects are broadly negative. Lipsey (2002) takes a more soci open view from reviewing the micro literature which argues that thither is evidence of positive effect.He withal argues that there is fatality for more consideration of the assorted constituent that obstruct or nurture positive spillovers. Rodan (1961), Chenery and Strout (1966) in the early 1960s argued that abroad outstanding inflows have a favorable effect on the economic efficiency and yield towards the developing countries. It has been explained that FDI could have a favorable short-term effect on growth as it dins the economic activity. However, in the long net incomer it reduces the growth rate payable to dependency, particularly ascribable to decapitalization (Bornschier, 1980).This is imputable to the reason that the hostile investors repatriate their investment by contracting the economic activities in the long run. FDI is an serious vehicle for the 3 transfer of engineering and knowledge and it demonstrates that it can have a long run effect on growth by generating increasing return in exertion via positive externalities and productive spillovers. Thus, FDI can track to a higher(prenominal)(prenominal) growth by incorporating unused inputs and techniques (Feenstra and Markusen, 1994). Aitken, et al. 1997) showed the external effect of FDI on export with example of Bangladesh, where the entry of a single Korean Multinational in garment exports led to the open upment of a number of house servant export firms, creating the countrys largest export effort. Hu and Khan (1997) designate the spectacular growth rate of Chinese economy during 1952 to 1994 to the productivity gains largely due to market oriented reform s, especially the intricacy of the non-state sector, as well as chinas open- limen insurance, which brought slightly a outstanding expansion in contrary betray and FDI.A choose by Xu (2000) found a strong evidence of technology dissemination from U. S. MNEs affiliated in developed countries (DCs) but weak evidence of such diffusion in the less developed countries (LDCs). It cogitate that in order to benefit from the technology transfer by the MNEs a country commands to achieve a staple fibre minimum human capital threshold. A repenny bailiwick by Banga (2005) demonstrates that FDI, duty and technological progress have derivative instrument impact on wages and employment.While higher extent of FDI in an perseverance leads to higher wage rate in the pains, it has no impact on its employment. On the other hand, higher export intensity of an constancy increases employment in the industry but has no effect on its wage rate. Technological progress is found to be labor sav ing but does non influence the wage rate. Further, the results show that home(prenominal)ated innovation in toll of look for and development intensity has been labor utilizing in nature but import of technology has unfavorably affected employment in India.The study by Sharma (2000) concluded that FDI does non have a statistically portentous role in the export advancement in Indian Economy. This result is overly confirmed by the study of Pailwar (2001) and the study besides argues that the distant firms are more interested in the large Indian market preferably than aiming for the world(a) market. The study by Sahoo and Mathiyazhagan (2003) in any case support the view that FDI in India is not able to enhance the growth of the economy.Though there is a earthy consensus among all the studies in the Indian consideration that FDI is not growth stimulant rather it is growth resultant. A study by Dr Maathai K. Mathiyazhagan(2005) demonstrate that the flow of FDI into the se ctors has servicinged to raise the output, labor movement productivity and export in slightly sectors but a better role of FDI at the sectoral level is s cashbox expected. Results to a fault reveal that there is no earthshaking co-integrating relationship among the variables like FDI, Growth rate of output, Export and Labour Productivity in core sectors of the economy.This implies that when there is an increase in the output, export or dig up productivity of the sectors it is not due to the advent of FDI. Thus, it could be concluded that the advent of FDI has not helped to do a positive impact on the Indian economy at the sectoral level. Thus, in the eve of Indias plan for further realizableness up of the economy, it is advisable to open up the export oriented sectors so that a higher growth of the economy could be achieved through the growth of these sectors. 4 unknown Direct Investment policy of India conflicting restrain investment policy of the governing of India has been gradually liberalized. As early as in the year 1948 and 1956 (deuce industrial policy resolutions) giving medication policy clearly reflected the need to supplement outside(prenominal) capital and technology for rapid economic growth. The core object of the impertinent capital policy was that the dominance of industrial undertaking should remain in the Indian hands. However, the brass had granted permit in certain cases for allowing establishment of scoopful foreign enterprises.Foreign capital was preferred in specific areas which bring in virgin technology and establish joint ventures with Indian partners. Government also granted levy concessions to foreign enterprises and streamlined industrial licensing procedures to accord early applauses for foreign collaborations. In the case of coke per cent export of output, foreigners were allowed to establish industrial units. It needs to be historied here that under the Foreign transform Regulation Act (FERA) 1974 only u pto 40 per cent of the equity holding of the foreign firms were permitted.Foreign investment was permitted under designated industries along with re nonindulgentions in ground of topical anaesthetic content clauses, export obligations, promotion of R and prohibition by law the use of foreign brands (Hybrid domestic brands were promoted such as Ford experience and Hero Honda). It needs to be pointed out here that the restrictions have been flouted frequently and relaxations were also granted. This process has culminated into gradual liberalization of government policy towards foreign capital.It is reflected in continuous increase in the number of approvals granted. During the conclusion 19611971, the number of foreign collaborations approved was 2475 which were change magnitude to 3041 during the point in condemnation 1971-1980. There was dramatic increase in the foreign collaboration approvals during the design 1981-1990 (7436 collaborations were approved). This policy enabl ed to build domestic technological capability in many branches of industry but generally considered very limiting.It has been wide accepted that fosterion of domestic industry for a longer period of time resulted into high cost production structure along with poor calibre. Foreign direct investment policy announced by the government of India in July 1991 was regarded as a dramatic departure from the earlier restrictive and discretionary policy towards foreign capital. The FDI policy of 1991 proposed to achieve objective of efficient and belligerent world class Indian industry. Foreign investment was seen as a source of scarce resource, technology and managerial and market skills.The major feature of policy regarding foreign investment up to 51 per cent of equity holding was permitted too. Automatic approvals were also allowed to foreign investment up to 51 per cent equity in 34 industries as well as to foreign technology agreements in high 5 priority industries. The Foreign Inve stment packaging Board (FIPB) was set up to promptly process applications for approvals of the cases which were not covered under the automatic channel. Laws were amended to provide foreign firms the equivalent status as the domestic ones.Government of India, however, put in place the regulatory mechanism to repatriate payments of dividends through concur Bank of India so that outflows are balance through export earnings during stipulated period of time. Further liberalization measures with regard to foreign investment were taken during 1992-93. The dividend balance conditions were revoked only in the case of consumer darlings industries. Non Resident Indian (NRI) and Overseas Corporate Bodies (OCB) were permitted in high priority industries to invest up to nose candy per cent equity along with repatriation of capital and income.Apart from expansion of the area of operation for FDI in many red-hot economic activities, the actual companies were also allowed to increase equi ty partnership up to 51 per cent along with disinvestment of equity. Foreign direct investment policy has been changed frequently since 1991 to make it more plain and attractive to the foreign investors. FDI up to 100 per cent is allowed under automatic route for all sectors/activities except activities that attract industrial licensing, proposals where foreign investors had an xisting joint venture in same field, proposals for acquisition of shares in an lively Indian company in the pecuniary sector and those activities where automatic route is not available. The only sectors/activities where FDI is not permitted are culture and plantations excluding tea plantations, real estate descent (excluding development of townships, housing, built up bag and construction development projects-NRI/OCB investment is allowed for the real estate demarcation), sell swop, lottery, auspices operate and atomic energy.Government has simplified procedure, rules and regulations on a regular basis since 1991 to make Indian economic surroundings foreign investor friendly. strive has been make through FDI policy to make India the hub of world(prenominal) foreign direct investment as well as in economic activities. Trend and Dimension of FDI inflow in India The dimensions of the FDI flows into India could be explained in terms of its growth and size, sources and sectoral compositions. The growth of FDI inflows in India was not significant until 1991 due to the regulatory policy framework.It could be observed that there has been a steady build up in the actual FDI inflows in the post-liberalization period ( physiques 1. 1 and 1. 2). Actual inflows have steadily change magnitude from US $ 143. 6 million in 1991 to US $ 37763 million in 2010. This results in an annual average growth rate close to 6 per cent. However, the pace of FDI inflows to India has in spades been slower than some of the low-pitcheder developing countries like Indonesia, Thailand, Malaysia and Vietna m.In fact, India had registered a declining trend of FDI inflows and the FDI- gross domestic product ratio especially in 1998 and 2003 could be attributed to many factors, including the US sanctions imposed in the aftermath of the nuclear tests, the East Asian meltdown and the perceived Swadeshi image different political parties, which was 6 ruling government during this period in India. It is also important to note that the financial collaboration has out numbered the technical collaboration over the years. But since 2006 India has seen a remarkably higher growth of FDI in accordance with the general trends of the global conomy with a slight dip in the year 2009-2010. This can be attributed to the recessive blot in the global economy. In recent years, Indias share in the global FDI inflows has increased substantially. grade wise FDI inflow in the post reforms era (1990-2001) 1999-2000 2439 1998-1999 1997-1998 1996-1997 FDI 1995-1996 1994-1995 1993-1994 1992-1993 0 1000 2000 3000 4000 US $ MILLIONS Figure 1. 1 Year 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 FDI 393 654 1374 2141 2770 3682 3083 2439 7 However, china receives a greater percent of global FDI inflows.Indias effort have not yet realized in proportion to the changes which has been make in the FDI policy. Year wise revised FDI inflow since 2000-2001 with expended coverage to glide slope International Best Practices. 2009-2010 2008-2009 2007-2008 2006-2007 2005-2006 FDI 2004-2005 2003-2004 2002-2003 2001-2002 2000-2001 0 myriad 20000 30000 40000 US $ MILLIONS Table 1. 2 Year 200001 200102 200203 200304 200405 200506 200607 200708 200809 200910 FDI 4029 6130 5035 4322 6051 8961 22826 34835 37838 37763 Capital goods sector has more or less been bypassed by FDI.This clearly points out the angle of inclination of foreign investment to exploit the pent up domestic demand 8 for consumer durable goods. Further more, there is a gradual increase in the mergers and acquisitions durin g the 1990s which show a tendency of FDI inflows to acquire existing industrial assets and managerial control without actually engaging in new productive activities (Nagraj, 2006). Indias large size of domestic market seems to have been the major attraction for foreign firms. luck OF TOP INVESTING COUNTRIES FDI EQUITY INFLOWS Others France Germany Cyprus nation Japan Netherlands U. K U. S. A. Singapore Mauritius 0 10 2 2 4 4 9 % 4 5 7 9 42 20 30 40 50 %age to total Inflows (in terms of US $) The analyses of the arising of FDI inflows to India show that the new policy has broadened the source of FDI into India. There were 86 countries in 2000 which increased to 106 countries in 2003 as compared to 29 countries in 1991 whose FDI was approved by the Indian Government. The country-wise analysis of the FDI inflows shows that Mauritius, which was not in the picture coin bank 1992, is the highest contributor of FDI to India. A major share of such investment is represented by the holdin g companies of Mauritius set up by the US firms.It means that the investment catamenia from the tax revenue havens is mainly the investment of the international corporations headquartered in other countries. Now an 9 important question arises as to why the US companies have routed their investment through Mauritius. It is because, firstly, the US companies have positioned their funds in Mauritius, which they like to invest elsewhere. Secondly, because the tax agreement between Mauritius and India stipulates a dividend tax of 5 per cent, while the treaty between Indian and the US stipulated a dividend tax of 15 per cent (World Bank, 1999). telecommunications Sector- A success tarradiddle Further narrowing of FDI in sub-sectors reveals the success story of the telecommunications sector. Research into Telecommunications furthers the haphazard nature of FDI investment and policy making. The current process for FDI in telecommunications can be attributed to two policies that were undertaken by the government National Telecom insurance policy of 1994 and peeled Telecom Policy of 1999. Before the economic reforms teledensity was low, pedestal growth was slow, and the lose of reforms restricted investments and betrothal of new technologies.The existing legislative and regulatory environment needed major changes to facilitate growth in the sector. It was 1991 when the platform was undertaken to expand and fire Indias vast telecom network. The programme take ond complete freedom of telecom equipment manufacturing, privatisation of values, liberal foreign investment and new regulation in technology imports. Simultaneously, the government-managed Department of Telecommunications (DoT) was restructured to remove its monopoly status as the service provider.The government programme was formalised on a telecom policy pedagogy called National Telecom Policy 1994 on 12 May 1994. However the 1994 policy was not sufficient to make the Indias telecommunications se ctor fully open and liberalised. The officer monopoly (DoT) was indifferent in implementing the national telecom policy effectively due to its lack of commitment. This paved the way for designing a new policy framework for telecommunications which was called the New Telecom Policy 1999. The New Telecom Policy 1999 (NTP99) was developed after the reform process began in 1991.The interest of the government led to the new policy. As a result in addition to the sectoral caps, the government policy played a major role in the liberalization of the telecom sector. As a result a large number of private operators started operate in the basic/mobile telephony and profit domains. Teledensity has increased, mobile telephony has naturalised a large base, the number of Internet users has seen a steep growth, and large bandwidth has been made available for software exports and IT-enabled go, and the tariffs for international and domestic links have seen significant reductions.Total FDI in Tel ecommunications sector is over US $ 15 billion. The takeover of Hutch by Vodafone is one of the largest FDI parcel outs for an amount of US $ 11 billion. state 10 rates are the last in the whole world and there are more than 250 million users. The sell sector in India The retail industry in India is one of the fastest growing. crimson without FDI driving it, the corporate owned retail sector is expanding at a boisterous rate. AT Kearney, the well-known international management consultancy, recently identified India as the uphold most attractive retail culture globally from among thirty emergent markets.It has made India the cause of a good deal of excitement and the cynosure of many foreign eyes. With a component part of 14% to the national gross domestic product and employing 7% of the total workforce (only gardening employs more) in the country, the retail industry is by all odds one of the pillars of the Indian economy. . Trade or retailing is the single largest comp onent of the services sector in terms of contribution to GDP. Its massive share of 14% is simulacrum the figure of the next largest broad economic activity in the sector.The retail industry is divided into organised and unorganised sectors. organised retailing refers to trading activities undertaken by licence retailers, that is, those who are registered for sales tax, income tax, etc. These include the corporate-backed hypermarkets and retail compasss, and also the privately owned large retail businesses. Unorganised retailing, on the other hand, refers to the traditional formats of low-cost retailing, for example, the topical anaesthetic kirana shops, owner manned general stores, paan/beedi shops, wash room stores, hand cart and pavement vendors, etc.A saucer-eyed glance at the employment amount is enough to paint a good picture of the relative sizes of these two forms of trade in India organised trade employs roughly 5 lakh people whereas the nonunionized retail trade em ploys intimately 3. 95 crores. Given the recent numbers indicated by other studies, this is only indicative of the magnitude of expansion the retail trade is experiencing, both due to economic expansion as well as the rompless growth that we have seen in the past decade.It moldiness be noted that even within the organised sector, the number of privately-owned retail outlets far outnumber the corporate-backed institutions. Though these numbers register to approximately 8% of the workforce in the country (half the regular share in developed countries) there are far more retailers in India than other countries in absolute numbers, because of the demographic profile and the preponderance of youth, Indias workforce is proportionately ofttimes larger. That about 4% of Indias state is in the retail trade says a lot about how vital this business is to the socio-economic equilibrium in India. 1 Arguments against adoption of FDI in Indias Retail sector FDI compulsive modern retaili ng is repulse displacing to the extent that it can only expand by destroying the traditional retail sector. trough such time we are in a position to get to jobs on a large plateful in manufacturing, it would make eminent sense that any policy that results in the elimination of jobs in the unorganised retail sector should be kept on hold. Studies suggest that about 5 crore jobs bequeath be broken and only 20 lakhs new jobs bequeath be created.With their incredibly high capital FDI driven retailing units such as Wal-Mart allow be able to draw losses for many years till its immediate competition is wiped out. This is a normal predatory strategy used by large impostors to drive out low-down and dispersed competition. This entails job losses by the millions. Even the organised retail sector may face serious problems and may eventually be wiped out. The FDI driven retail units will typically sell everything, from vegetables to the latest electronic gadgets, at extremely low w orths that will most in all likelihood cold shoulder those in approachby local stores sell standardized goods.They would be more plausibly to source their raw materials from abroad, and procure goods like vegetables and fruits directly from farmers at pre-ordained quantities and specifications. This means a foreign company will debase big from India and abroad and be able to sell low severely undercutting the small retailers. Once a monopoly situation is created this will then turn into buying low and selling high. Such re-orientation of sourcing of materials will totally disintegrate the already established bestow chain.In time, the neighbouring traditional outlets are also likely to fold and perish, given the predatory set power that a foreign player is able to exert. As Nick Robbins wrote in the context of the East India Company, By tyrannical both ends of the chain, the company could buy low-priced and sell dear It is true that it is in the consumers best interest to develop his goods and services at the lowest possible price. But this is a privilege for the idiosyncratic consumer and it cannot, in any circumstance, override the responsibility of any society to provide economic security for its population.Clearly collective well-being essential take precedence over individual benefits. The primary task of government in India is still to provide livelihoods and not create so called efficiencies of scale by creating redundancies. 12 Arguments in favour of adoption of FDI in Indias Retail sector The main driver for adoption of Retail in India seems to be the recognition that the Indian economy faces serious supply-side constraints, particularly in the food-related retail chains. The government would like to rectify back-end infrastructure, and in conclusion reduce post-harvest losses and other wastage.There is also a general concern, highlighted by the assiduity of food inflation, that intermediaries obtain a disproportionate share of value in this chain and farmers receive only 15% of the end consumer price. Now the farmers will be able to get a better price for their products. With easy credit availability through foreign direct investment the situation of farmer suicides in India will improve. With foreign capital flowing into the economy the current inflationary situation will be tamed.One key point is that we must narrow down between the interests of consumers, who constitute our population of nearly 115 crore, from the interests of retailers, who may number near five crore. The larger supermarkets, which tend to obtain regional and national chains, can manage prices more aggressively with manufacturers of consumer goods and pass on the benefit to consumers. Undoubtedly, lower prices psychologically egg on buyers to spend more than they otherwise would. The resulting growth in private consumption creates jobs. The tax collection of the government will improve as it is mpossible to tax the unorganised retail se ctor. The revenue collected by the government can be used for infrastructure development. Also India has had several retailers with deep pockets and portal to skills. That they have not been able to glut the domestic small retailer says something about consumer behaviour and small retails resilience. The argument that the advent of FDI and supermarkets will ignore a large number of kirana shops is similar to the argument used during the era of industrial licensing, which was meant to protect small-scale industries.But eventually the inefficiencies and bore standards of the protected small-scale companies decease unornamented even to socialist politicians and licensing was abolished. Even a modest chain of 200 supermarkets, to be set up all over India in selected towns and cities in the next lead years, will require an investment of about Rs 2,000 crore (Rs 20 billion), at the rate of Rs 10 crore (Rs 100 million) per supermarket to cover the infrastructure and working capital. Each supermarket may take 2 or 3 years before it becomes profitable.There is a risk that a a few(prenominal) of them may even fail. No Indian entrepreneur will be willing and able to commit this level of investment and undertake the risks involved. That is where the 13 international experience and skills that may come with FDI would provide the trustfulness and capital. Apart from this, by allowing FDI in retail trade, India will become more unified with regional and global economies in terms of quality standards and consumer expectations. Supermarkets could source several consumer goods from India for wider international markets.India certainly has an advantage of being able to produce several categories of consumer goods, viz. fruits and vegetables, beverages, textiles and garments, gems and jewellery, and leather goods. The advent of FDI in retail sector is bound to pull up the quality standards and cost private-enterprise(a)ness of Indian producers in all these segments. Th at will benefit not only the Indian consumer but also open the door for Indian products to enter the wider global market. implicative measures to eliminate the negative effects of FDI in IndiasRetail sector FDI in the retail sector should be attended by policy formulations that encourage the growth of manufacturing sector in India. A growing manufacturing sector can accommodate the people who will decompress their jobs due to the adoption of retail in India. FDI should be aggressively promoted in case of relatively less sensitive sectors like entertainment, R etc. Moreover import duty should be imposed to protect domestic production units. Strict labour laws should be imposed to ensure that no management jobs are outsourced.The government should also ensure the local population gets competitive wages and the working environment is proper. Jobs should be reserved for the poor people. If the language of operation is English then it will act as a hindrance for job creation for the und erprivileged people. Hence Hindoo and local languages as a mode of operation should be encouraged. Cooperative societies should be formed for the farmers and other agricultural suppliers to take care of their rights and to ensure that they are get a fair price from the FDI driven big retail units.Strict corporate boldness should be ensured to prevent the acquisition of local business units by foreign firms and to promote investor friendly trade practices. The foreign retail units should be made to divest a certain percentage of their equity in the Indian financial markets. Only strict governance can ensure that the foreign firms adhere to competitive trade practices. Social infrastructure like schools, colleges and hospitals should be developed to promote human capital formation as several studies suggest that such initiatives could enhance the spillover effects of FDI.Furthermore it will help in creating 14 jobs in the high technology sectors and will put India in the global tec hnology scenario. Social security should be ensured through different policy measures like pension plans, employment underwrite programmes and free health care. Strict environmental laws should be enforced to ensure that the foreign firms do not indulge in unsustainable trade practices. Conclusion The growth rate of the Indian economy has been very high in the post reforms era.And hence India has become the cynosure of investment by foreign multinational enterprises. The relationship between FDI and other macro instruction economic variables like growth rate, export, employment and productivity has been found to vary. It has been found that to gain a positive impact of technology spillovers via FDI the host country should achieve a basic minimum human capital threshold. Studies exist both in support and against the positive impact of FDI in the Indian economy. It is self conclusive that the growth of FDI in India is growth resultant and not growth stimulant.The positive impact of FDI has been felt in the high technology sectors like telecommunication and IT. The success story of the telecom sector is a real confidence hotshot in this regard. It is clearly visible that the MNEs are more interested in exploiting the Indian markets rather than investing in capital goods. The retail sector is one of the fastest growing sectors of India. It also employs a huge proportion of the population. Hence any measure regarding this sector such as approval of FDI in the Indian retail sector will have a considerable impact on Indian economy.FDI in the Indian retail sector will work wonders in terms of haughty inflation, creating new jobs and increasing the efficiency and productivity of the Indian economy. But many believe that it may lead to wide scale unemployment, drainage of capital from the Indian economy and social inequity. Hence FDI in Indias retail sector should be accompanied by stringent policy measures on the part of the government so that the majority of the population can benefit from the positive spillover effects of FDI.Government should encourage FDI in the manufacturing sector along with the retail sector to settle with for the loss of jobs that will be created due to the advent of FDI in retail. Government should also build social infrastructure to enhance the human capital formation so that the positive spillover effects of FDI are greatly felt. 15 References FDI in Indias Retail Sector More Bad than hot? By Mohan Guruswamy Kamal Sharma Jeevan Prakash Mohanty Thomas J.Korah Rethinking the linkages between foreign direct investment and development a third world perspective By Shashank P. Kumar Indias sparing Growth and the fiber of Foreign Direct Investment By Lakhwinder Singh 2006. Indias FDI inflows Trends and Concepts By K. S. Chalapati Rao & Biswajit Dhar Impact of liberalization on FDI structure in India. By Dr. Gulshan Kumar. Impact of foreign direct investment on Indian economy A sectoral level analysis. By Dr Maathai K. Mathiyazhagan.Foreign Direct Investment in Post-Reform India Likely to Work Wonders for regional Development? By irradiation Nunnenkamp and Rudi Stracke. FDI in India in the 1990s. Trends and issues. By R Nagaraj. frugal Reforms, Foreign Direct Investment and its Economic Effects in India by Chandana Chakraborty Peter Nunnenkamp. March 2006. China and India Any contrariety in their FDI performances? By Wenhui Wei. June 2005 Fact carpenters plane on FDI in India by the Planning Commission. Data on GDP growth rate from the Planning Commisiion. Wikipedia. com Planningcommission. nic. in 16