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Time, Life, and God in John Miltons Poetry Essay

Time, Life, and God in John Miltons Poetry John Miltons poems, How Soon Hath Time and When I Consider How My Light Is Spent both focus on life and how the time we are given is or should be spent. Milton uses the word How in both the titles and I cant help but wonder Is there something to examine there? How by itself is a question of is it possible, and if so then what needs to be done to make it possible. It, in this case is time: Is time possible or better yet, is it possible to stop time? If so then how will it be accomplished? What needs to happen to cause time to stop? Milton uses the speaker in this poem to explain a way of looking at time and how quickly time really does fly by. In these two poems the speakers refer to†¦show more content†¦The dictionary refers to time as, A nonspatial continuum in which events occur in apparently irreversible succession from the past through the present to the future.(Dictionary). Apparently irreversible, this statement is interesting because using the word apparently still le aves some room for question. Word does that mean? Does that mean we can change time or the events that have occurred in that time? Milton doesnt seem to think that is possible. Because Milton further emphasizes his point when in the first line he personifies time but this time referring to time as the thief of youth, which reflects somewhat of a bitter tone because time has passed so quickly. This personification the thief if youth also parallels and agrees with the dictionary definition of time, the fact that time is irreversible. It appears to the reader that the speaker is very bitter about time passing so quickly and perhaps he feels as if his time has been stolen from him. However, the writer in line twelve also refers to time as a leader, which reflects a tone of acceptance toward time and his fate. This tone is different from the tone at the beginning of the poem. The speaker has changed his tone and it seems as if this tone change has occurred because the speaker is considering how he believes his short time should be spent.Show MoreRelatedJohn Milton : A Strong Advocate Of Political Liberty Essay1659 Words   |  7 Pagespolitical liberty, John Milton was a poet during the Renaissance (Puchner 2742). He was born on December 9, 1608 in London to a middle class family. His parents were John Milton, Sr., a professional composer, and his mother, Sara Jeffery. Milton had numerous siblings. He was only survived by three of them; however, some of them died at young ages. During Milton’s writing years, he wrote many pamphlets based on political, religious, populism, and educational topics. However, Milton’s main focus, thoughRead MoreBiograp hy of John Milton Essay example1079 Words   |  5 PagesJohn Milton was the second oldest child born to the union of senior John Milton and Sara Jeffrey. He was born December 9, 1608 in London. Milton lived with his family in a home located very near to St. Paul’s Cathedral. John Milton Sr. was able to afford a private tutor for John because he acquired some wealth through his work as a legal secretary. Milton’s father prepared and notarized legal documents, was a loan officer, and served as a real estate broker. Milton Sr.’s income allowed him to provideRead More milton and his life Essay903 Words   |  4 Pages Milton and his Life nbsp;nbsp;nbsp;nbsp;nbsp;John Milton was born in London. He is known for being one of the greatest poets of the English language, best known for his epic poem PARADISE LOST, written in 1667. Milton’s poetry has been said to be powerful and having rhetoric prose and a huge influence on the 18th century verse. Milton has also published pamphlets defending civil and religious rights. nbsp;nbsp;nbsp;nbsp;nbsp;Milton was educated at Saint Paul’s School and Christ’s CollegeRead MoreMiltons On His Blindness Essay570 Words   |  3 PagesJohn Milton was born on December 9 1608. He graduated from Christ’s College at Cambridge University. Once he had graduated, Milton became a big supporter of Oliver Cromwell, a man who opposed the power of the monarchy. Milton worked diligently to write and print pamphlets for Cromwell. He was warned that all the work would damage his already poor eyesight, but he didn’t listen and in 1651 at the age of 44 Milton became blind. In his later years he lived in the country and wrote poetry. His poem ParadiseRead More John Miltons Life and Writing Essay1709 Words   |  7 PagesJohn Miltons Life and Writing John Milton did not just write poetry. He put his life, his thoughts, into words. Milton began his life in Cheapside, England, because his father’s wealthy family was Roman Catholic and John Milton Sr., Milton’s father, decided to become Protestant, therefore he was disinherited (Muir). However, the Milton family did not remain poor, John Milton Sr. was able to establish a wealthy family once more. He became a scrivener, which is a law writer, and was also a musicRead MoreTaking a Look at John Milton1988 Words   |  8 Pagesside by side with William Shakespeare and John Keats, John Milton is considered one of the most renowned English poets in the world of literature, as journalist and politician Joseph Devlin states, â€Å"... [T]he three greatest works are those of Homer, Dante and Shakespeare. These are closely followed by the works of Virgil and Milton.† Many make the misconception that Milton is part of the Romanticism movement along with Mary Shelly and William Blake but Milton’s career took place during the Late RenaissanceRead MorePassing Time, the Thief of Life in John Milton’s â€Å"How Soon Hath Time† 1093 Words   |  5 PagesJohn Milton’s â€Å"How Soon Hath Time† is a poem that distinguishes between different meanings of time, both literally and in relation to God. Milton explores the significance of time from the perspective of himself, as a poet. He alludes to Calvinism, a doctrine shared with many others during the time period, in his acceptance of time as a way to step closer spiritually to God as he ages. Additionally, the text suggests that patience is a virtue that will heal Milton’s poetic powers through God. OutsideRead MoreResearch Paper: Paradise Lost1888 Words   |  8 PagesParadise Lost -John Milton- John Milton  (9 December 1608  Ã¢â‚¬â€œ 8 November 1674) was an English poet,  polemicist,  man of letters, and a civil servant for the Commonwealth of England  under  Oliver Cromwell. He wrote at a time of religious flux and political upheaval, and is best known for his  epic poem  Paradise Lost  (1667), written in  blank verse. Miltons poetry and prose reflect deep personal convictions, a passion for freedom and self-determination, and the urgent issues and politicalRead MoreParadise Lost: An Epic to Surpass All Epics Essay1004 Words   |  5 PagesAn Epic to Surpass all Epics The epic poem Paradise Lost by John Milton was written during a time of religious revolution in England. The subject matter of this epic poem, in the words of Milton, is [o]f mans first disobedience (line 1). In this blank verse, Milton refers to the story in Genesis where Eve tempts Adam to eat the forbidden fruit. In the first five lines of the poem he describes the beginning of mortality, suffering, and mans restoration, as the fruit [o]f that forbiddenRead MoreJohn Milton: An Inspirational British Poet Essay976 Words   |  4 PagesEllo, John Milton grew up adorning the world with his high talent. John Milton did everything he can do to improve his writing skills. He loved to write poems about anything he could. Milton family stood by him through his every move. As a British poet Milton discovered good things in his early and personal life, career, and his two explicated poems. John Milton was an inspirational British poet. John Milton was in London, England on December 9, 1608 to John Milton, Sr. and Sara Jeffrey (http://www

Social Change World History

Question: Discuss about theSocial Changefor World History. Answer: Introduction Social change is a broad aspect and includes several important points in it. World history is the proof of the changes that have occurred over the ages. From "society" comes the word "social." A society comprises of people from different cultural backgrounds, communities and so on and consequently, the change in the society is a continuous process (Ghimire and Pimbert 2013). The essay discusses the several factors contributing towards the social change and cites several examples to make the concept of social change clearer. Social change in today's time is inevitable, and it has some positive and negative sides of it. However, social change and globalization are inter connected and because of social change and transition the world has become a global place for all. In Australia and other countries as well the society has evolved or changed over the years, and it has affected the view, thinking, and ideas of the people. Social change is also a way of interchanging ideas and thoughts a mong people of different cultures. However, the paper primarily focuses on the meaning of social change and then discusses the inevitability of the change. Some important theory along with several other key factors associated with society is broadly discussed in this paper. Social change is an alteration or change in the normal pattern of society. To understand this, one should understand the meaning of society. Society is a group of people, generally living in a common place with one or different cultural and religious beliefs. However, in some places, a society comprises of people from same cultural group whereas in some societies people from different cultures can be seen. However, from this, it can be comprehended that change or transition in society is inevitable. Social change can be of various types. It can be economical, cultural, technological, religious and so on. Society in actual is a summation of many people. Therefore the change in a society is also the reflection of the mindsets and ideas of the individual (Ghimire and Pimbert 2013). Cultural change has started many years ago and is a contemporary phenomenon in todays world that affects all humans. For, example Australia was once a land of aboriginals, but it is now a multicultural countr y. Aboriginals do exist, but their ways of life have been refined over the ages. Then in U.S once, the black Americans were not given much respect and acknowledgment but now, with the change of people's concept and thinking they are very much a part of mainstream Australia. However, social change is indeed inevitable and does not happen in a day. It takes considerable time for the change to usher in and persist in a society (Adger et al. 2013). Cultural change is a worldwide phenomenon and this change in a way shapes individuals. However, some of the basic social theories can be discussed further. Some simple and basic social theories help to understand the several actions and thoughts of people. The theories explain societies in brief and show how the world changes with a change in society. Some of the major theories of sociology can be discussed hereafter for a clear understanding of the topic. "Structural-functional theory is one of the important theories in the field of sociology. This theory proposes that society works as a unit through the contribution of several contributing factors. Our body works as a whole, but it is due to the working of several organs (Zhu and Westphal 2015). Similarly, several factors like politics, economy, infrastructure, culture work together to make society work smoothly. This, theory or illustration can be applied in practical life as well. In U.S, the society works smoothly due to the proper working their economical sector, religious norms and so. In Australia, also the society works with the help of various cultural and religious views. If this structural functionality is disturbed, then the society in a whole will suffer greatly. In this structure, change is an inevitable factor and is a continuous process (Barnes 2014). Social- conflict theory states that conflict is inevitable in any social group. Since society is made up of people from different cultural groups variation in views and ideas will persist. This can often lead to racial conflict and anarchy in society (Stroebe et al. 2012). The same happened in America. The black Africans were not treated equally and were looked down upon. This happened for several years and gradually gave birth of social conflict. After that with time, the black Africans became a part of mainstream America, and several rules and laws were made in their favor. In the year, 1960 due to this racial conflict civil rights were given to the black Americans, and now both the white Americans and black Americans have equality of rights. The same social conflict theory applies to the Australian society as well. At the time when the Europeans came and settled in Australia, a huge rift was created between the Europeans and the aborigines of the land. However, with time by stayin g in the same community, mutual understanding is developed between them, and now a new form of society has emerged out the conflict and antagonism (Lenski 2013). The theories are the guiding principles and lead us to a better understanding of a topic. The theories are not only bookish but also have its practical implications. However, it is, therefore, understandable that social conflict is unavoidable and it is a way to usher in something new. Feminism theory is not only about women or about females but it is about men as well. It plays a great role in cultural change and evolution of society. Feminism in the context of social change is all about equality of women and men in society (Stanley 2013). In this prospect, one can go back to early times when women were supposed to be managing household works and men were to work outside. Then there were several other rules for women in society. In some societies, purdha system was in vogue for women. Women had to stay behind a veil and were unable to show her face in public. In fact, in todays time also there are some places where this system still prevails. With all these, a developing change cannot happen in society. Initially, the inequality between men and women is required to be eradicated. Feminism is an important topic of discussion in this context and is the key of initiating social change. With gradual progress in time, the position of women changed in society. From mana ging household work, women now manage office works. However, the inequality persists and research shows that in U.S the women are paid less than the men are are. In offices, also, men are most likely to get good and high positions than women. Worldwide, it is seen that in government bodies there are less number of women. This societal norms and ways should be same for all and it is then society can change for good. Social change is a constant process, and the alteration occurs with the change in individual's way of life. Feminism theory teaches to practice equality between men and women in society. For example, in the Middle East, the women are not given much liberty. There are some strict rules for women regarding their dress code, conduct and way of life. This type of society is dominated by men and will eventually not lead to any fruitful change. Cultural change is a global phenomenon and is happening since ages (Pateman and Grosz 2013). Social change also influences the fashion of women. For example, now women wear formal wears in offices, which was once a male attire. An intermixing of fashion also occurs due to social change. Females or women form an important part of any society, and a healthy development or evolution of the society depends hugely on the progress of women. The social change primarily occurs due to several factors. Due to change in culture or intermixing of culture new, a form of cultural beliefs and thoughts are formed. Due to change in geographical location, cultural change occurs (Eisenstadt 2013). There are many who settle in an all-new location leaving their native place and gradually inherits a new social way of conduct and thinking. An amalgamation of new ideas and views occurs with a change in geographical location. Other factors like a political movement, religious processions and so on also lead to social change. Political parties publicize their principles and ethics. This creates an influence on the people in a community, and they imply the changes in their action, which in turn affects the society. For example, Barack Obama's government has some specific objectives, and it wholly influences the Americans. Obama's government motivates American people to work hard, to possess individuality, to have a peaceful environment and to keep their country first. This induces a change in society and the behaviors of individuals (Grusec and Lytton 2012). The theory of Karl Marx is also related to social change. His theory defines the society and the prevalent worldwide social change. His theory defines economic facility should be equal or all. He was against the oppression of the bourgeoisie class on the working class people (Goldstein 2012). The class conflict between the bourgeoisie and the working people in the 19th century gave way to new social change (Aubert et al. 2013). Marxist theory is the accumulation of wealth among the rich people and propels class conflicts. The theory favors the working class and motivates them to rise in rebellion against the capitalistic market system. This theory is applied in many cases of economics. The Marxist theory suggests that class-consciousness is essential for ushering in social change (Mouffe 2014). The great anarchy and chaos in London in the 19th century is an approp riate example of class struggle. In this context, Marx proposed his theory. His theory is applicable in todays time as well. Unequal distribution of wealth is still in vogue. It is only when the oppressed class is aware that change can be brought. There are many states in recent times where an imbalance in the distribution of wealth prevails. For example, the developing or underdeveloped nations of our world are impoverished and do not have enough money or asset provide their country people a standard living (Fuchs and Mosco 2015). This inequality does not help in a sustainable growth of the world. In fact, in the same society, this inequality prevails that gives birth to mutual distrust, jealousy, and conflict. For example, countries like Somalia, Mongolia, Yugoslavia and so on have a very poor standard of living. They are the least developed countries and lag far behind from the developed nations like America, London and so on. However, from all the theories discussed it is eviden t that social change is a complex process and happens gradually. Social change, therefore, is an unavoidable phenomenon and includes several factors in it. It is a constant process of development and evolution. Social change is associated with some important theories of sociology, and it has its practical implications in our day-to-day life. Social change has started from the ancient ages and is still a continuous process. It is just like a flowing river that undergoes various changes with the course of time. Class-conflict, functional structure, feminism, Marxist theory all are vital points of discussion in this prospect. The examples discussed in the essay also clearly reflect the practicality of the theories. Humans are an important factor in the social change, and they are the units of society. Society is, therefore, a reflection of a group of individuals, their culture, their ideas, their thoughts, their religious belief and so on. Social change in the contemporary world brings about a change in the fashion, food and lifestyle of people as we ll. People in various part of the world now have a global view and approach. Society is the representative of a group of people, and it is not something static. Due to various cultural influences, ethnic influences, religious influence there is a constant evolution of something new within the society. Social change is also a way of breaking the age-old tradition and ushering in new ideas and concepts. However, this essay provides in-depth knowledge and understanding of the inevitability of the cultural change and how it has become a global process. Social theories and extensive examples further establish the practicality of the change. Reference: Ghimire, K.B. and Pimbert, M.P., 2013. Social change and conservation (Vol. 16). Routledge. Barnes, B., 2014.Interests and the Growth of Knowledge (RLE Social Theory). Routledge. Stroebe, W., Kruglanski, A.W., Bar-Tal, D. and Hewstone, M. eds., 2012.The social psychology of intergroup conflict: Theory, research and applications. Springer Science Business Media. Lenski, G.E., 2013.Power and privilege: A theory of social stratification. UNC Press Books. Stanley, L. ed., 2013.Feminist praxis (RLE feminist theory): Research, theory and epistemology in feminist sociology. Routledge. Pateman, C. and Grosz, E., 2013.Feminist challenges: Social and political theory. Routledge. Eisenstadt, S.N., 2013. Social change and development.Readings in social evolution and development, pp.3-33. Grusec, J.E. and Lytton, H., 2012.Social development: History, theory, and research. Sp Goldstein, P., 2012.Post-Marxist theory: an introduction. SUNY Press Mouffe, C., 2014.Gramsci and Marxist Theory (RLE: Gramsci). Routledge Fuchs, C. and Mosco, V., 2015. Introduction: Marx is BackThe Importance of Marxist Theory and Research for Critical Communication Studies Today. InMarx and the Political Economy of the Media(pp. 1-22). Brill. Aubert, B., Barate, R., Boutigny, D., Couderc, F., Del Amo Sanchez, P., Gaillard, J.M., Hicheur, A., Karyotakis, Y., Lees, J.P., Poireau, V. and Prudent, X., 2013. The BABAR detector: Upgrades, operation and performance.Nuclear Instruments and Methods in Physics Research Section A: Accelerators, Spectrometers, Detectors and Associated Equipment,729, pp.615-701. Adger, W.N., Barnett, J., Brown, K., Marshall, N. and O'Brien, K., 2013. Cultural dimensions of climate change impacts and adaptation.Nature Climate Change,3(2), pp.112-117. Curran, S.R. and Saguy, A.C., 2013. Migration and cultural change: a role for gender and social networks?.Journal of International Women's Studies,2(3), pp.54-77 Fernndez, R., 2013. Cultural change as learning: The evolution of female labor force participation over a century.The American Economic Review,103(1), pp.472-500. Zhu, D.H. and Westphal, J., 2015, January. A Structural Theory of Power, Strategy, and Performance. In Academy of Management Proceedings (Vol. 2015, No. 1, p. 18452). Academy of Management.

Voltaires Candide Essays - Fellows Of The Royal Society,

Voltaire's Candide VOLTAIRE'S CANDIDE The beginning of the 17th century marked many changes for Europe. These changes were both physical and philosophical in nature. Common citizens were tired of being abused, mistreated and most of all labeled as peasants and commoners by the aristocracy. They were fed up with the hypocrisy of the church and the abuse of power by its leaders in the name of God. One man stood tall above the rest. Francois Marie Arouet was born November 21, 1694 to a middle class family in Paris. At that time, Louis the XIV was king of France and the overwhelming majority lived in harsh conditions. The aristocracy of France ruled with an iron fist and poverty was widespread throughout the land. Francois attended the College Louis le Grand, where he got his Jesuit education. His deep-rooted satirical views were prevalent even as a child. After college, Francois worked as a secretary for the French Ambassador to Holland, but left that position to pursue his writing career. Francois' writings soon became fam ous in France. His quick tongue and fast pen soon got him into trouble with the French government and he got exiled to Sully. Using his fame, Voltaire quickly got those in power to allow him back into France. Shortly after he returned he was blamed for a piece of writing that opposed the government, which sent him to prison. While in prison, Francois assumed the pen name ?Voltaire? and wrote his first play, ?Oedipe?. Shortly after is release, the 24-year-old Voltaire's Oedipe was produced in Paris and became an instant success. After being exiled to England, Voltaire became familiar with the English language and in 1979, published Candide. Candide was by far his most famous work. In it he satirizes and criticizes Leibnizian optimism, aristocratic snobbery, the Protestant and Catholic Church and human nature. Leibniz, a German philosopher and mathematician of Voltaire's time, developed the idea that the world they were living in at that time was the best of all possible worlds. Leibniz's optimism displays the philosophical system that believed everything already was for the best, no matter how terrible the circumstances seemed. Through Candide, Voltaire showed the world full of natural disasters and brutality. Voltaire also used contrast in the personalities of the characters to convey the message that Leibniz's philosophy was incorrect. Leibniz's philosophies were based on the idea that everything in the world was determined by fate, theorized that God, having the ability to pick from an infinite number of worlds, chose this world, the best of all possible worlds. Although Voltaire chose that simple quality of Leibniz's philosophy to satirize, Leibniz meant a little more than just that. His philosophy stated that God chose the best of all possible worlds, he also meant that God, being th e perfection He is, chose the best world available to him, unfortunately it was a world containing evil. Voltaire satirized this literal meaning of Leibniz's philosophy by creating the character Dr. Pangloss, an unconditional follower of Leibniz's philosophy. Voltaire shows this early in the novel by stating, He proved admirably that there is no effect without a cause and that, in this best of all possible worlds.... (16) Pangloss goes on to say that everything had its purpose and things were made for the best. For example, the nose was created for the purpose of wearing spectacles (Voltaire 16). Because of his great knowledge, Candide, at this point a very naive and impressionable youth, regards Pangloss as the greatest philosopher in the world, a reverence that will soon be contradicted by contact with reality. The name Pangloss is translated as all tongue and windbag. The colloquialism windbag implies that a person is all talk, and he takes no action. The upper class in Europe at the time of Voltaire was infused with the idea that they were divinely superior to common people. Voltaire attacks this belief in stating in Candide that birth is an accident and every man is the same. In Candide, Voltaire attacks this school of thought using the baron, Cunegund's brother as an example. When Cacambo and Candide flee Buenos Ayres, they come to join the rebellion. The Baron and Candide are joyfully reunited, but when Candide

Hermaphroditic Joyce By Dante Essays - English-language Films

Hermaphroditic Joyce By Dante Dante's "The Hermaphroditic Joyce" One of the most powerful nuances of any writing is the dialogue within the story. In literature, it is all too often that characters live only in the jaded voice of the author and never truly develop as their own, or are not strongly opinionated in a manner which contrasts the opinions of the writer. It is also unfortunately true that the women depicted in most male-authored literature do not often sound realistic, or how most women one would speak to in the course of the day tend to sound. All too often, women are depicted on a lower level of speech than men. For instance, Dickens and Arthur Miller both apparently subscribed to this notion, as the women in their stories were usually more passive, and not as elaborate as men in their speech, however, James Joyce did not see things in the same light. The most developed female character in Joyces A Portrait of the Artist as a Young Man, is one who speaks with dignity, passion, and the female tact which is all too often ignored in the ch aracters of women. Joyce's Dante Riordan's words and thoughts are true to those of literate twentieth century women. Although a short-lived character in Portrait, Dante Riordan, in a brief amount of time emits an apparently important and mysterious aura, the aura of a woman. Judging from the studies of twentieth century linguists, Joyce's brief representation of Dante through speech is nearly flawless. To more lucidly understand this, one must carefully examine some of the instances at which Dante speaks in her conversation with Mr. and Mrs. Dedalus, Charles, and Mr. Casey, and re-examine the arguments she makes. Dante is introduced into the dinner table conversation as a silent character. However, when the men's conversation turns to the misuse of the preacher's pulpit, Dante begins her interjections. All too often, women in literature remain linguistically dormant unless called upon, however, studies conducted in the reality outside the covers of a book have shown that women will interrupt a conversation to contradict a previous speaker, and do so vehemently (Coates, 193). A nice answer for any man calling himself a catholic to give to his priest, (Joyce, 273) states Dante as her first response. At this point, Dante has drawn herself into the conversation. Never speaking out of turn (as linguists are always quick to point out about women), Dante's next few lines are responses to the rebuttals of Mr. Dedalus and Mr. Casey. In these lines, she defends priests in that it is their duty to teach, warn, and direct their flocks. According to the findings of most linguists, strong beliefs in religion and authority are held by women, and a desire to speak in favor of them is inherent to feminine nature. The bishops and priests of Ireland have spoken, and they must be obeyed (Joyce, 274). Linguist, Jennifer Coates states that woman-speak is revolved around power, and, as Dante illustrates in this quote, that women's conversational style, and topics of interest will usually be subconcious admittances to the idea that women must obey men, and remain socially submissive (Coates, 203). Joyce's realistic portrayal of Dante does not end there, however. In studying the findings of linguists, it becomes clear that during the Renaissance, it was proper for a woman to be silent and a man to be eloquent. However, the increased level of female literacy in the late nineteenth and early to present twentieth century, changed this philosophy, and it is now expected that women be just as, if not more eloquent than men. As Dante continues her conversation, she quotes the Bible in response to the ongoing attacks of the men at the dinner table in the presence of women and a child: Woe be to the man by whom the scandal cometh! It would be better for him that a millstone were tied about his neck and that he should scandalise one of these, my least little ones. (Joyce, 274) Even today, it is rare in literature to find a woman allude to, let alone directly quote literature as a witty response to a verbal assault. Women have an instinctive shrinking from coarse and gross expressions and a preference for refined and (in certain spheres) veiled and indirect expressions (Coates, Jesperson, 126). What better way is there to describe Dante Riordan? Her primary reason for involving herself with the conversation from the start is the vile blasphemy at hand. Of her sixteen turns in the conversation,

The picture presented above is a movie poster promoting the box office hit The Mummy Essays

The picture presented above is a movie poster promoting the box office hit The Mummy Essays The picture presented above is a movie poster promoting the box office hit The Mummy Essay The picture presented above is a movie poster promoting the box office hit The Mummy Essay The colour scheme used in this poster is gold and black which is keeping it simple and basic which is unusual seen as it is promoting a big movie title. Another unusual point about the poster is the two colours. Gold and black are not usually seen together as gold is a bright and beautiful and reminds us of the rich, lavish treasures in which the pyramids held. Black reminds us of darkness, evil, danger and secrets, which the pyramids were also supposed to have held. The key images in the poster is the face and the pyramids, these are in correlation which each other because we get the image that the face has a tremendous amount of power and energy because the pyramids are huge magnificent objects that have change the scenery of Egypt and the face compared to the pyramids is gigantic and makes the pyramids look insignificant. Also the mouth is open wide in a sort of inviting way. The lettering used in the lower half of the poster is just as significant as the colouring. The font used in the lettering is made out to be a type of old English typewriter style and the gold colouring is also made out to be the wealth and richness of the pyramids. The letters M M M Y contain smaller distorted pyramids. The M in the centre at the bottom of the poster is a sort of opening for the face and that theres a lot of energy and power behind it. It also makes you curious to see what there is in the blackness of the poster because the only true fear that people have is the unknown. The sentence at the bottom gives the image that there is a tremendous amount of evil and power for something to do what it states. The sands will rise. The heavens will part. The power will be unleashed. Three short sentences make it stick in your head and the last word unleashed make it sound as if it is an uncontrollable force because unleashed is only used with in correspondence to something powerful.

Criminalology Essay Example | Topics and Well Written Essays - 500 words

Criminalology - Essay Example Institutional violence is a chaotic incidence that results in physical or mental injuries. In this case, the violence culminates into suffering, loss and body harm. There are five main types of institutional violence. Intrapersonal violence occurs when a person decides to harm himself /herself. In this case, the occurrence is referred to as suicide or self mutilation. People commit suicide through poisoning, hanging or drowning among other forms of suicide. Interpersonal violence takes place between two persons. In this case, a person causes body harm to another one in cases such as rape, sexual assault and psychological attach among others. Gang violence is usually perpetrated by a group of organized criminals or a gang. In this case, the gang organizes attack on a person or a group of persons. The gang is usually formally organized or loosely attached to each other to commit a crime. Organized attack is perpetrated by a group of well organized attackers to the prison staff. Lastly, institutional violence is the attack done by the prison staff to the offender. In this case, the prisoners are sexually, emotionally and sexually attacked by the prison wardens. The rehabilitation program must have clear and concise objectives. In this case, objectives to be achieved must be clearly stipulated and communicated to both the facilitator and the prisoners. At the beginning of the rehabilitation classes, the facilitator should take sufficient time to explain to the prisoners the specific steps that they need to have achieved by the end of a specified period. In this case, the goals need to be reasonably figural to help the learner realize how much they have achieved and how much is yet to be done. In addition, these goals require to be based on clear theories or concepts. As such, the goals must be drawn for extensive research conducted by reputable

Collective Bargaining and Pay Inequity in the Public Sector Essay

Collective Bargaining and Pay Inequity in the Public Sector - Essay Example In the United States at the moment majority of the states have passed legislations that permit workers to organise themselves and bargain collectively. This is because collective bargaining is a very important way through which employees can push for their rights considering the historical discrimination that has been witnessed in America’s public sector. The laws vary from state to state, for instance, only 12 states of all who have legalized collective recognise strikes are being legal. Those states not allowing strikes have outlined various processes for resolving issues in the workforce such as mediation and fact-finding. A good number of states use interest arbitration where neutral arbitrators listen to grievances raised, evaluate facts, and follow statutory criteria to come up with decisions as to the terms of collective bargaining agreements. Nonetheless, collective bargaining through unionisation has become a very popular practice in America and the world over. Unions represent members in many different ways which include and not limited to lobbying for favourable labor laws such as protection of employees from arbitrary discharge, educating and training members on their rights and most importantly negotiating compensation directly with employers on behalf of the membership. Collective bargaining agreements also address issues of discrimination in the work place based on gender, race and even class hence attempt to force employers apply the same standards to every individual. AFSCME for instance, which is mostly concerned with women has for the past few decades managed to lobby against pay inequity that is based on gender. One negative concern about trade unionism and collective bargaining agreements has been that they tend to indirectly further the inequality gap. In particularly comes about when covered employees are

Nursing Job Description Essay Example | Topics and Well Written Essays - 1000 words

Nursing Job Description - Essay Example These numerous tasks make the head nurse central in ensuring the efficient performance of the team. Thus, this involves financial planning as well in order to ensure that goals are being met. Forecasting is defined as the task of making projections about the future performance on the basis of historical and current conditions data. A head nurse often makes decision regarding the future of his or team. A more appropriate example of this is the amount of budget that the team needs for the coming month. In order to make projections, the head nurse will rely on the historical data of the actual expenses in the previous months. Based on these records, he or she will then determine which types of expenses will apply in the forecast period as well as eliminate the costs that are be foreseen to be insignificant. Afterwards, he or she also analyzes the factors which will make costs in each individual item higher or lower. In order to do this, he or she will rely on current situation which were not present in the previous budgeting period. Example is cost of input which drives up prices of materials needed. With these, he or she can then forecast the budget to be appropriated in t he next period. Long-range planning is another typical activity of a head nurse. Like forecasting, long range planning is concerned with the future of the team. However, as opposed to forecasting, long-range planning involves the head nurse making decisions according to the strategic goal of the healthcare organization. Long-range planning encompasses both financial and non-financial goals and the focus is always the achievement of a specific objective. Most companies have embarked on aligning their plans with the overall organizational goal. A head nurse also does this. For example, when the overall plan of the hospital is to transform itself into a state-of-the art organization by utilizing the latest medical technology available in the market, the head nurse prepares his staff for this. Long-range planning may include but is not limited on his efforts to build a program which will enable the members of the team to get acquainted with the new image to be established. This will include putting up quarterly meetings in order to educate members as well as having appropriate training classes that will equip the members with the skills needed to operate the equipment. As a part of the plan, monitoring will also be installed in order to assess the development and performance of the members of the team. Benchmarking means the process of comparing the performance, policies, philosophies, and other factors of one business organization to the other. These comparisons are often geared in ascertaining how an organization stands in comparison to the other players in the market. In the setting of the healthcare organization, a head nurse benchmarks when he or she compares the performance of his or her team through a defined metrics. The benchmark often looks at the historical and current performance in order to make an improvement in the future. For instance, a head nurse might want to compare his team's level of performance by the number of times late or

Employee Performance Analysis

Employee Performance Analysis Project Outline: This research is about the Employee performance in an organization. Data related to several factors such as Employee Productivity, Customer Satisfactions Scores, Accuracy Scores, Experience and Age of Employees is taken into consideration. Statistical methods are used to identify if there is any impact of Age and Experience of Employees on factors such as Productivity, Customer Satisfaction and Accuracy. Theoretical Framework: XYZ Corporation operating out of Illinois, US want to find out if the age and experience of employees have an impact on his/her performance. They have hired an external consultant to study the impact of these two factors (age and experience) on the performance metrics of the employees. According to the results of the research conducted by this external consultant, XYZ Corporate will design a strategy of recruiting the right talent which will have maximum performance. Design and Methodology: Design and Methodology used by the external consultant include identifying the various performance factors common across different businesses within XYZ Corporation. The performance measures common for all businesses included: Customer Satisfaction Scores Accuracy Scores Productivity The consultants decided to study the impact of age of employees and their experience on the above factors by using statistical methods. Details on participants and sampling methods: Sampling Methods: Sampling is the process of selecting a small number of elements from a larger defined target group of elements. Population is the total group of elements we want to study. Sample is the subgroup of the population we actually study. Sample would mean a group of ‘n’ employees chosen randomly from organization of population ‘N’. Sampling is done in situations like: We sample when the process involves destructive testing, e.g. taste tests, car crash tests, etc. We sample when there are constraints of time and costs We sample when the populations cannot be easily captured Sampling is NOT done in situations like: We cannot sample when the events and products are unique and cannot be replicable Sampling can be done by using several methods including: Simple random sampling, Stratified random sampling, Systematic sampling and Cluster sampling. These are Probability Sampling Methods. Sampling can also be done using methods such as Convenience sampling, Judgment sampling, Quota sampling and Snowball sampling. These are non-probability methods of sampling. Simple random sampling is a method of sampling in which every unit has equal chance of being selected. Stratified random sampling is a method of sampling in which stratum/groups are created and then units are picked randomly. Systematic sampling is a method of sampling in which every nth unit is selected from the population. Cluster sampling is a method of sampling in which clusters are sampled every tth time. For the non-probability methods, Convenience sampling relies upon convenience and access. Judgment sampling relies upon belief that participants fit characteristics. Quota sampling emphasizes representation of specific characteristics. Snowball sampling relies upon respondent referrals of others with like characteristics. In our research, the consultant organization used a Simple Random Sampling method to conduct the study where they chose about 75 random employees and gathered data of age, experience, their Customer Satisfaction scores, their Accuracy Scores and their Productivity scores. The employees were bifurcated into 3 age groups, namely, 20 – 30 years, 30 – 40 years and 40 – 50 years. Similarly, they were also bifurcated into 3 experience groups, namely, 0 – 10 years, 10 – 20 years and 20 – 30 years. Data Analysis: Below are the different data analysis options used by the consultant: Impact of Age on Accuracy Impact of Experience on Accuracy Impact of Age on Customer Satisfaction Impact of Experience on Customer Satisfaction Impact of Age on Productivity Impact of Experience on Productivity For each of the above statistical analysis, we will need to use Hypothesis testing methods. Hypothesis testing tells us whether there exists statistically significant difference between the data sets for us to consider to represent different distribution. The difference that can be detected using hypothesis testing is: Continuous Data Difference in Average Difference in Variation Discrete Data Difference in Proportion Defective We follow the below steps for Hypothesis testing: Step 1 : Determine appropriate Hypothesis test Step 2 : State the Null Hypothesis Ho and Alternate Hypothesis Ha Step 3 : Calculate Test Statistics / P-value against table value of test statistic Step 4 : Interpret results – Accept or reject Ho The mechanism of Hypothesis testing involves the following: Ho = Null Hypothesis – There is No statistically significant difference between the two groups Ha = Alternate Hypothesis – There is statistically significant difference between the two groups We also have different types of errors that can be caused if we are using hypothesis testing. The errors are as noted below: Type I Error – P (Reject Ho when Ho is true) = ÃŽ ± Type II Error P (Accept Ho when Ho is false) = ÃŽ ² P Value – Statistical Measure which indicates the probability of making an ÃŽ ± error. The value ranges between 0 and 1. We normally work with 5% alpha risk, a p value lower than 0.05 means that we reject the Null hypothesis and accept alternate hypothesis. Let’s talk a little about p-value. It is a Statistical Measure which indicates the probability of making an ÃŽ ± error. The value ranges between 0 and 1. We normally work with 5% alpha risk. ÃŽ ± should be specified before the hypothesis test is conducted. If the p-value is > 0.05, then Ho is true and there is no difference in the groups (Accept Ho). If the p-value is < 0.05, then Ho is false and there is a statistically significant difference in the groups (Reject Ho). We will also discuss about the types of hypothesis testing: 1-Sample t-test: It’s used when we have Normal Continuous Y and Discrete X. It is used for comparing a population mean against a given standard. For example: Is the mean Turn Around Time of thread à ¯Ã¢â‚¬Å¡Ã‚ £15 minutes. 2-Sample t-test: It’s used when we have Normal Continuous Y and Discrete X. It is used for comparing means of two different populations. For example: Is the mean performance of morning shift = mean performance of night shift. ANOVA: It’s used when we have Normal Continuous Y and Discrete X. It is used for comparing the means of more than two populations. For example: Is the mean performance of staff A = mean performance of staff B = mean performance of staff C. Homogeneity Of Variance: It’s used when we have Normal Continuous Y and Discrete X. It is used for comparing the variance of two or more than two populations. For example: Is the variation of staff A = variation of staff B = variation of staff C. Mood’s Median Test: It’s used when we have Non-normal Continuous Y and Discrete X. It is used for Comparing the medians of two or more than two populations. For example: Is the median of staff A = median of staff B = median of staff C. Simple Linear Regression: It’s used when we have Continuous Y and Continuous X. It is used to see how output (Y) changes as the input (X) changes. For example: If we need to find out how staff A’s accuracy is related to his number of years spent in the process. Chi-square Test of Independence: It’s used when we have Discrete Y and Discrete X. It is used to see how output counts (Y) from two or more sub-groups (X) differ. For example: If we want to find out whether defects from morning shift are significantly different from defects in the evening shift. Let’s look at each of the analysis for our research: Impact of Age on Accuracy Practical Problem Hypothesis Statistical Tool Used Conclusion Is Accuracy impacted by Age of Employees H0: Accuracy is independent of the Age of Employees H1: Accuracy is impacted by Age of Employees One-Way ANOVA p-value < 0.05 indicates that performance measure of accuracy is impacted by age factor One-way ANOVA: Accuracy versus Age Bucket Source DF SS MS F P Age Bucket 2 0.50616 0.25308 67.62 0.000 Error 72 0.26946 0.00374 Total 74 0.77562 S = 0.06118 R-Sq = 65.26% R-Sq(adj) = 64.29% Individual 95% CIs For Mean Based on Pooled StDev Level N Mean StDev ++++ 20 30 years 26 0.75448 0.06376 (*) 30 40 years 26 0.85078 0.07069 (*) 40 50 years 23 0.95813 0.04416 (*) ++++ 0.770 0.840 0.910 0.980 Pooled StDev = 0.06118 Boxplot of Accuracy by Age Bucket Conclusion: P-value of the above analysis < 0.05 which indicates that we reject the null hypothesis and thus, the performance measure of accuracy is impacted by age of employees. As the age increases, we observe that the accuracy of the employees also increases. Impact of Experience on Accuracy Practical Problem Hypothesis Statistical Tool Used Conclusion Is Accuracy impacted by Experience of Employees H0: Accuracy is independent of the Experience of Employees H1: Accuracy is impacted by Experience of Employees One-Way ANOVA p-value < 0.05 indicates that performance measure of accuracy is impacted by experience factor One-way ANOVA: Accuracy versus Experience Bucket Source DF SS MS F P Experience Bucke 2 0.53371 0.26685 79.42 0.000 Error 72 0.24191 0.00336 Total 74 0.77562 S = 0.05796 R-Sq = 68.81% R-Sq(adj) = 67.94% Individual 95% CIs For Mean Based on Pooled StDev Level N Mean StDev -++++ 0 10 years 24 0.74403 0.05069 (*) 10 20 years 23 0.84357 0.05354 (*) 20 30 years 28 0.94696 0.06660 (*) -++++ 0.770 0.840 0.910 0.980 Pooled StDev = 0.05796 Boxplot of Accuracy by Experience Bucket Conclusion: P-value of the above analysis < 0.05 which indicates that we reject the null hypothesis and thus, the performance measure of accuracy is impacted by experience of employees. As the experience increases, we observe that the accuracy of the employees also increases. Impact of Age on Customer Satisfaction Practical Problem Hypothesis Statistical Tool Used Conclusion Is Customer Satisfaction Score impacted by Age of Employees H0: Customer Satisfaction Score is independent of the Age of Employees H1: Customer Satisfaction Score is impacted by Age of Employees One-Way ANOVA p-value < 0.05 indicates that performance measure of Customer Satisfaction score is impacted by age factor One-way ANOVA: Customer Satisfaction versus Age Bucket Source DF SS MS F P Age Bucket 2 49.51 24.75 18.92 0.000 Error 72 94.23 1.31 Total 74 143.74 S = 1.144 R-Sq = 34.44% R-Sq(adj) = 32.62% Individual 95% CIs For Mean Based on Pooled StDev Level N Mean StDev ++++ 20 30 years 26 6.906 1.164 (-*) 30 40 years 26 8.041 1.156 (*-) 40 50 years 23 8.907 1.107 (*) ++++ 7.20 8.00 8.80 9.60 Pooled StDev = 1.144 Boxplot of Customer Satisfaction by Age Bucket Conclusion: P-value of the above analysis < 0.05 which indicates that we reject the null hypothesis and thus, the performance measure of Customer Satisfaction Score is impacted by age of employees. As the age increases, we observe that the Customer Satisfaction Score of the employees also increases. Impact of Experience on Customer Satisfaction Practical Problem Hypothesis Statistical Tool Used Conclusion Is Customer Satisfaction Score impacted by Experience of Employees H0: Customer Satisfaction Score is independent of the Experience of Employees H1: Customer Satisfaction Score is impacted by Experience of Employees One-Way ANOVA p-value < 0.05 indicates that performance measure of Customer Satisfaction score is impacted by experience factor One-way ANOVA: Customer Satisfaction versus Experience Bucket Source DF SS MS F P Experience Bucke 2 51.20 25.60 19.92 0.000 Error 72 92.54 1.29 Total 74 143.74 S = 1.134 R-Sq = 35.62% R-Sq(adj) = 33.83% Individual 95% CIs For Mean Based on Pooled StDev Level N Mean StDev ++++- 0 10 years 24 7.035 1.277 (*) 10 20 years 23 7.570 0.922 (*) 20 30 years 28 8.948 1.160 (-*-) ++++- 7.20 8.00 8.80 9.60 Pooled StDev = 1.134 Boxplot of Customer Satisfaction by Experience Bucket Conclusion: P-value of the above analysis < 0.05 which indicates that we reject the null hypothesis and thus, the performance measure of Customer Satisfaction Score is impacted by experience of employees. As the experience increases, we observe that the Customer Satisfaction Score of the employees also increases. Impact of Age on Productivity Practical Problem Hypothesis Statistical Tool Used Conclusion Is Productivity impacted by Age of Employees H0: Productivity is independent of the Age of Employees H1: Productivity is impacted by Age of Employees One-Way ANOVA p-value < 0.05 indicates that performance measure of Productivity is impacted by experience factor One-way ANOVA: Productivity versus Age Bucket Source DF SS MS F P Age Bucket 2 0.74389 0.37194 194.56 0.000 Error 72 0.13765 0.00191 Total 74 0.88153 S = 0.04372 R-Sq = 84.39% R-Sq(adj) = 83.95% Individual 95% CIs For Mean Based on Pooled StDev Level N Mean StDev ++++ 20 30 years 26 0.93959 0.04287 (-*) 30 40 years 26 0.81511 0.05831 (-*-) 40 50 years 23 0.69291 0.01747 (*-) ++++ 0.720 0.800 0.880 0.960 Pooled StDev = 0.04372 Boxplot of Productivity by Age Bucket Conclusion: P-value of the above analysis < 0.05 which indicates that we reject the null hypothesis and thus, the performance measure of Productivity is impacted by age of employees. As the age increases, we observe that the Productivity of the employees decreases. Impact of Experience on Productivity Practical Problem Hypothesis Statistical Tool Used Conclusion Is Productivity impacted by Experience of Employees H0: Productivity is independent of the Experience of Employees H1: Productivity is impacted by Experience of Employees One-Way ANOVA p-value < 0.05 indicates that performance measure of Productivity is impacted by experience factor One-way ANOVA: Productivity versus Experience Bucket Source DF SS MS F P Experience Bucke 2 0.74024 0.37012 188.61 0.000 Error 72 0.14129 0.00196 Total 74 0.88153 S = 0.04430 R-Sq = 83.97% R-Sq(adj) = 83.53% Individual 95% CIs For Mean Based on Pooled StDev Level N Mean StDev ++++- 0 10 years 24 0.94474 0.03139 (*) 10 20 years 23 0.83120 0.05754 (*-) 20 30 years 28 0.70599 0.04118 (*-) ++++- 0.700 0.770 0.840 0.910 Pooled StDev = 0.04430 Boxplot of Productivity by Experience Bucket Conclusion: P-value of the above analysis < 0.05 which indicates that we reject the null hypothesis and thus, the performance measure of Productivity is impacted by experience of employees. As the experience increases, we observe that the Productivity of the employees decreases. Conclusion of the Analysis: As Age and Experience increases, the Accuracy and Customer Satisfaction Scores of Employees increases As Age and Experience increases, the Productivity of Employees decreases Bibliography: The data used in this analysis is self-created data using statistical software.      Research Schedule (Gantt Chart) of the Project:

Japanese Education Essay -- essays research papers

Haven’t you ever wondered why Japanese students continually score higher in academics than the rest of the entire world? Education and schooling in Japan varies greatly than the schooling in America. Japanese students have a greater advantage over their American counterparts in such a way that they are gaining more of an education than the Americans. The Japanese students have to study diligently and work hard to gain a hope of getting a continued education. Japanese children have a greater opportunity to seize hold of their education than the American children.   Ã‚  Ã‚  Ã‚  Ã‚  Whenever people start to think about education and IQ's in general they tend to think of Japan. Japan has the leading literacy rate; at over 99% of its population having the ability to read and write. The Japanese system of education is very well organized and structured. This is due, in part, to the standardization of the subject matter and teaching tools. Students have an equal chance to get the curriculum if they transfer to a different school. This is because the Ministry of Education, Culture, Sports, and Science sets the curriculum at a standard for teachers in all schools to follow. Japan's modern school system was established about a hundred years ago. This was about the time when Japan was opening trade to the rest of the world and westernizing in general. It modeled its education systems after the French and German school systems. However, it does not model just one country; it models many of them. They combine this with their own ideas to form their own personal school system.   Ã‚  Ã‚  Ã‚  Ã‚  Students at the elementary level have great expectations. Their environment reflects their academic priorities. There are around twenty-five thousand elementary schools throughout Japan. A typical Japanese Elementary school will have around 300 students and a variety of activities that go on. This means that the schools are many and can focus more on the children. Students get the chance to excel in their lives.   Ã‚  Ã‚  Ã‚  Ã‚  In the Japanese school day, students are in their classrooms by 8:30 a.m., and school gets out at 3:45 later that day. Those are for their typical public school classes. They have six classes throughout their school day. There are a lot of things to do in addiction to learning and studying. There are committee meeting... ...ernization III.  Ã‚  Ã‚  Ã‚  Ã‚  Secondary Schools A.  Ã‚  Ã‚  Ã‚  Ã‚  Difficulty B.  Ã‚  Ã‚  Ã‚  Ã‚  Materials C.  Ã‚  Ã‚  Ã‚  Ã‚  Entrance Examinations IV.  Ã‚  Ã‚  Ã‚  Ã‚  Juku and Yobiko A.  Ã‚  Ã‚  Ã‚  Ã‚  Cramming B.  Ã‚  Ã‚  Ã‚  Ã‚  Time C.  Ã‚  Ã‚  Ã‚  Ã‚  Entrance Examinations V.  Ã‚  Ã‚  Ã‚  Ã‚  High School A.  Ã‚  Ã‚  Ã‚  Ã‚  Curriculum B.  Ã‚  Ã‚  Ã‚  Ã‚  Tracking C.  Ã‚  Ã‚  Ã‚  Ã‚  Entrance Examinations These Japanese children definitely have a competitive educational edge over a lot of the world. Although they are oftentimes pressured into their studies, they come out on top and have learned a great deal. And most of the children actually want an education. They are not just at school because they have to be. Senior High schools have over 90% admission rate to Colleges and Universities. Once they attain the College-level status, a lot of students describe it as a walk in the park in comparison to their previous years of education. These years of education allow them to become a major educated force to be reckoned with.

Great Fire of London

The Great Fire of London was a major conflagration that swept through the central parts of the English city of London, from Sunday, 2 September to Wednesday, 5 September 1666. [1] The fire gutted the medieval City of London inside the old Roman City Wall. It threatened, but did not reach, the aristocratic district of Westminster, Charles II's Palace of Whitehall, and most of the suburban slums. [2] It consumed 13,200 houses, 87 parish churches, St. Paul's Cathedral, and most of the buildings of the City authorities. It is estimated that it destroyed the homes of 70,000 of the City's 80,000 inhabitants. 3] The death toll from the fire is unknown and is traditionally thought to have been small, as only six verified deaths were recorded. This reasoning has recently been challenged on the grounds that the deaths of poor and middle-class people were not recorded anywhere, and that the heat of the fire may have cremated many victims, leaving no recognisable remains. The Great Fire started at the bakery of Thomas Farriner (or Farynor) on Pudding Lane, shortly after midnight on Sunday, 2 September, and it spread rapidly west across the City of London.The use of the major firefighting technique of the time, the creation of firebreaks by means of demolition, was critically delayed due to the indecisiveness of the Lord Mayor of London, Sir Thomas Bloodworth. By the time large-scale demolitions were ordered on Sunday night, the wind had already fanned the bakery fire into a firestorm which defeated such measures. The fire pushed north on Monday into the heart of the City. Order in the streets broke down as rumours arose of suspicious foreigners setting fires.The fears of the homeless focused on the French and Dutch, England's enemies in the ongoing Second Anglo-Dutch War; these substantial immigrant groups became victims of lynchings and street violence. On Tuesday, the fire spread over most of the City, destroying St. Paul's Cathedral and leaping the River Fleet to threat en Charles II's court at Whitehall, while coordinated firefighting efforts were simultaneously mobilising. The battle to quench the fire is considered to have been won by two factors: the strong east winds died down, and the Tower of London garrison used gunpowder to create effective firebreaks to halt further spread eastward.

Free Essays on Claus Von Bulow

Martha â€Å"Sunny† Crawford seemed to have it all. She inherited $75 million. She even at one time had the title as Princess when she was married to Prince Alfie. She had two children, one by Prince Alfie and one by Claus von Bulow. Sunny was very depressed. It was thought that maybe she tried to commit suicide- or it could have been murder- by her husband- Claus. â€Å"On December 21, 1980, Sunny von Bulow slipped into an irreversible coma. The rest is a mystery.† Claus Cecil Borgerg was raised by his grandfather and his divorced mother. Claus was educated in a Swiss school in St. Moritz. Claus had a very rich taste. At an early age, he knew how to charm his upper class contacts. In 1940, Claus was sent out of the country to England in the belly of a British Mosquito Bomber. Claus went to Trinity College in Cambridge and graduated in 1946. In the 1950’s, Claus was practicing law after graduation. While in law, he made many contacts with the wealthy. Claus and Sunny were married for 13 years in 1979. Each professed publicly that they wanted a divorce. Even though they appeared publicly together, they did not show any love between each other. Claus had lived in Sunny’s 5th Avenue apartment and was openly having an affair with Alexandria Isles. Claus had been set up with a $120,000 per year allowance by Sunny. This made Claus feel like a â€Å"kept† man. He wanted his own life, but Sunny wanted him by her side. His mistress, Alexandria Isles, had come from a very wealthy family. She had very expensive tastes. Claus’ $10,000 a week allowance wasn’t enough money to keep her in the lap of luxury she was accustomed too. In 1979, one day following Christmas, the life of the von Bulow family had changed forever. Sunny and Alexander, her son, had been in the family library and had drunk a couple of eggnogs as were their custom. Sunny became weak and disoriented. Alexander thought that his moth... Free Essays on Claus Von Bulow Free Essays on Claus Von Bulow Martha â€Å"Sunny† Crawford seemed to have it all. She inherited $75 million. She even at one time had the title as Princess when she was married to Prince Alfie. She had two children, one by Prince Alfie and one by Claus von Bulow. Sunny was very depressed. It was thought that maybe she tried to commit suicide- or it could have been murder- by her husband- Claus. â€Å"On December 21, 1980, Sunny von Bulow slipped into an irreversible coma. The rest is a mystery.† Claus Cecil Borgerg was raised by his grandfather and his divorced mother. Claus was educated in a Swiss school in St. Moritz. Claus had a very rich taste. At an early age, he knew how to charm his upper class contacts. In 1940, Claus was sent out of the country to England in the belly of a British Mosquito Bomber. Claus went to Trinity College in Cambridge and graduated in 1946. In the 1950’s, Claus was practicing law after graduation. While in law, he made many contacts with the wealthy. Claus and Sunny were married for 13 years in 1979. Each professed publicly that they wanted a divorce. Even though they appeared publicly together, they did not show any love between each other. Claus had lived in Sunny’s 5th Avenue apartment and was openly having an affair with Alexandria Isles. Claus had been set up with a $120,000 per year allowance by Sunny. This made Claus feel like a â€Å"kept† man. He wanted his own life, but Sunny wanted him by her side. His mistress, Alexandria Isles, had come from a very wealthy family. She had very expensive tastes. Claus’ $10,000 a week allowance wasn’t enough money to keep her in the lap of luxury she was accustomed too. In 1979, one day following Christmas, the life of the von Bulow family had changed forever. Sunny and Alexander, her son, had been in the family library and had drunk a couple of eggnogs as were their custom. Sunny became weak and disoriented. Alexander thought that his moth...

Individual Advancement vs Democracy essays

Individual Advancement vs Democracy essays "God helps them that help themselves" (Poor Richards Almanack, 722), a phrase commonly quoted from "Poor Richard's Almanacks", illustrates the types of selfishness often seen during Benjamin Franklin's time. Or does it? Is wanting and striving for a better self so bad? Would the reader of such phrase think to himself "Wow, the author is really self-absorbed" or "The author must be a hard worker who values self improvement"? Either way, the real question is why doesn't it say "..... those that help others" instead "..... them that help themselves". You are taught as a young child the importance of thinking of others first and group effort. It is continuously reinforced throughout all areas of your life, including school and work. Everyone knows that at some time or another in your life you won't be able to do everything by yourself. In other words, you'll need others and this is where the democratic community comes in. However during the 18th century, this was not the point. The freedom of self-government we had struggled so hard and long for had become no more than a night's dream erased by the morning sun. Democracy and self-advancement were in a race for the gold as Ralph Waldo Emerson and Nathaniel Hawthorne thought. Benjamin Franklin's ideas begged to differ. He felt as though the democratic community and growing the ideology of individual advancement (Individualism and/vs. Community, 1306) could coexist together. Franklin, having risen from poverty, felt that he wouldn't have been able to be a man of such distinction if it had not been for Government that encouraged the advancement of self. He felt that without a Government no one man could be content with themselves or their works. He even goes as far as to promote America to foreigners in one essay. He says that "Strangers are welcome, because there is room enough for them all, and therefore the old Inhabitants are not jealous of them; the Laws protect them ...

The Notebook Movie Review Example | Topics and Well Written Essays - 750 words

The Notebook - Movie Review Example t just relationships between Allie and Noah, but also between Allie and Lon—Lon is the more suitable husband for her, according to the dictates of conventional wisdom and society. â€Å"Interactionists focus on the subjective aspects of social life, rather than on objective, macro-structural aspects of social systems. One reason for this focus is that interactionists base their theoretical perspective on their image of humans, rather than on their image of society (as the functionalists do)† (Symbolic, 2010). Allie struggles against society, represented by her parents, who are constantly giving the symbolic message that Noah is not good enough for her. It can be also argued that Noah’s romantic preoccupation with Allie over the years (the hundreds of letters, the obsession with fixing up the house for her even when she’s gone, etc.) is also representative of symbolic interactionism, in terms of the symbols and roles given to men in order to express their l ove. The house which Noah restores and builds also acts as a literal symbol in the movie: it stands for his struggle in role fulfillment, going from working class to the propertied class. Differences exist between Noah and Allie in class, as well in their background and upbringing. They do fall in love. Despite this, differences do still also exist in the general roles and communication styles expected of them. Of course, every family is unique, so to form the impression of sameness and difference in a general overall national or cultural pattern, this review can easily use a symbolic interaction point of view to examine Noah and Allie’s relationship. â€Å"Symbolic interactionism refers to giving meaning to the apparent language-based (or symbolic) interactions that occur between individuals. According to symbolic interactionism, social roles, such as being a father, are linked to societal expectations that influence the behaviors† (Symbolic, 2005). From this view, family structures are not stable

Discuss the view that globalisation has generated conditions (in poor Essay

Discuss the view that globalisation has generated conditions (in poor countries) that are conducive to instability, conflict and the emergence of extremist m - Essay Example Globalisation has become an all pervading, all monopolising phenomenon. â€Å"Globalisation can be defined as a set of economic, social, technological, political and cultural structures and processes arising from the changing character of the production, consumption and trade of goods and assets that comprise the base of the international political economy,† â€Å"Globalization is by no means a new phenomenon: idea systems such as Islam or Marxism have had transnational appeal for centuries, and commodities and personnel have long been mobile (for example, there was greater demographic mobility in the late nineteenth and early twentieth centuries than today),† Kinnwall (2002, p.21). If that is the case, instead of making people and nations comfortable, why has the larger version of globalisation been generating a backlash today, in almost all the societies, other than most of the West? Definitely large forces are up and against it in the most negative way possible. It has been disliked even for its positive qualities. There is no denying that a kind of highly materialistic society is emerging out of globalisation, at the cost of ethics, values, and civilisations, while other issues like poverty, environment, international issues, labour and mainly Human Rights are being either sidelined or ignored. Blind forces of globalisation have continuously threatened the freedom of people in far-flung regions. Globalisation has been blamed as the Western tool of imposing their culture and ways of living. It has also ushered in an alien Western Democracy that has become unpopular in a hurry. People are more concerned with their independence, freedom, religion, customs and most of all, national economies. One main idea that is a hindrance is that economic and political systems that are in conflict with the western systems should either be modified or should

Segmentation and Targeting Term Paper Example | Topics and Well Written Essays - 1000 words

Segmentation and Targeting - Term Paper Example A Rolex customer is a person that is accustomed to buying luxury items. A lot of Rolex watches have target market of people that are millionaires (Rolexforums, 2011). (2) How does the choice of target market influence the company's pricing and promotion (from what you know so far)? The target market of Timex of targeting people of all ages is achieved by the firm’s pricing strategy of selling watches at the low end of the market. Most Timex watches are sold at a price point between $25 and $50. Timex utilizes various promotional strategies to increase the sales of the firm. Some of the stunts include the use of customized watches for incentive awards, sales incentives, corporate promotions, business gifts, safety programs, and recognition awards (Timex, 2011). The retailer that sell Timex watches on many occasions sell the watches on special since the target customer of Timex watches are price sensitive. The demand of products that are priced low goes up by further decreasing the price of the product. The Rolex uses different promotional strategies to attract customers. The use of celebrities sponsoring the product can help increase the appeal of the product. Rolex watches are sold at jewelry stores and in luxury department stores. There is a lot of competition in the luxury watch marketplace and many online vendors offer attractive discounts off the retail price to persuade people to buy Rolex products. For instance Melrose Jewelers is currently offering the Presidential Rolex at $9,825 (Melrose Jewelers, 2011). This price is 36% below retail price. (3) Now imagine one of the companies you chose wants to introduce a new target market. For instance, suppose Hilton or Four Seasons wanted to offer a budget option for the target market sought by Motel 6. How would this strategy affect consumer perceptions? Rolex could introduce a cheap version of its watches to attract the younger demographic between the ages of 18-25 years of age. The new product could att ract a lot of new customers and the sales of that product might be excellent. The problem with that strategy is that it can dilute the brand name of the company. The wealthy people that are accustomed to the prestige of owning a Rolex will not be very happy with the masses buying cheap Rolexes sold at hundreds of dollar a piece instead of thousands. The company could lose a lot of customers that are enabling the firm to make a nice profit margin from each unit sold. The second scenario involves Timex introducing an expensive model to target a different segment. A good way to achieve such a strategy is by including implicit value in the construction of the watch such building the watch with some or all its parts in gold. I think adding a line of luxury watches would be beneficial for the company. (4) Do you think these customers will be influenced by changes in the economy? Why or why not? Timex is better suited to accept negative changes in the economy than Rolex. Timex sells a chea p product. During bad economic times people look for bargains. Many users of mid level brands might switch to cheap brands such as Timex to serve their watch needs. During good economic times the Timex brand will do better, but the firm might lose a portion of its recurrent customers who might switch to more expensive brands because they can afford them now. The low price point of Timex makes the watch an excellent gift and during good economic times people are more generous. A Rolex is a luxury item. Luxury items do not have good sales during bad economic

Walmart Comparitive Strategy Essay Example for Free

Walmart Comparitive Strategy Essay This paper looks at Wal-Mart Stores as the subject of study. This large United States based organization is recognized as the world’s leading retailer and has extensive global operational influence. Wal-Mart has been the object of much research, both by economists, trade organizations and scholars. This company has evolved from very humble beginnings to establishing itself as an ‘economic power’ in its own right. Wal-Mart opened its first store in 1962, in Rogers, Arkansas, based on its founder, Sam Waltons experience in the retailing sector during the 1950s, and a study he conducted prior to opening his first store. In 1972, the Wal-Mart stock was offered on the New York Stock Exchange which led to significant capitalization and growth. During the 1980s, Wal-Mart experienced rapid growth opening Sam’s Club members-warehouse stores and later Supercentres. A recent corporate press release sums up its current status, Today, 10,185 stores and club locations in 27 countries employ 2.2 million associates, serving more than 176 million customers a year† (Wal-Mart Corporate, 2012, p. 1). Understanding the Wal-Mart business model Wal-Mart’s position as the world’s No. 1 retailer inevitably invites strong competition worldwide. This in turn has strengthened this organization’s resolve to maintain their position by utilizing multiple strategies in order to maintain competitive advantage. One of their strategies has incorporated the ability to form relationships or partnerships not only in the United States, but also within the international environment. In order to implement its overseas representation, Wal-Mart has embarked on an expansion program, seeking to maintain both growth and profitability. Its primary methodology in securing partnerships with large overseas retail operations has been primarily by the acquisition of majority shareholdings. Much research has been conducted regarding the viability of acquisition and potential problems inherent within this corporate growth strategy. Effort is directed within this study to ascertain the long term viability of Wal-Mart’s implementation of modern economic principles. This analysis is conducted regarding opinions derived from researched sources either favoring the implementation of trade and comparative advantage utilizing the acquisition mechanism or perhaps the employment of less opportunistic methods. Moreover, the issue of costs and profit maximization will be evaluated relating to the Wal-Mart model in order to establish strategies that can be utilized in order to achieve optimal efficiency. However, there are conflicting viewpoints regarding the best methodology needed to enable such efficiency. Finally, attention is directed at the consumers’ choice, and how it is directed and influenced by strategies implemented within the Wal-Mart corporate business mod el. Competing viewpoints In evaluating trade and comparative advantage via the acquisition trail, Hayward (2002) suggests that multinationals tend to invest in overseas start-ups rather than acquiring existing overseas operations. His argument is based on the premise that for an organization’s planned entry into a foreign market, expertise derived from a multinational’s existing operational and marketing experience is more relevant to overseas market entry than the benefits derived from acquisition. However, he concedes that expansion by acquisition can be enabled by investing in existing overseas operations which have a similar corporate product and management function, or by acquiring a more diverse though related business model, which will allow for market changes to be factored into any risk analysis. Hayward and other sources are accessed, so as to provide a balanced viewpoint of an organization such as Wal-Mart; regarding its choice of acquisition strategy and its effectiveness in achievi ng growth and profitability. Costs and profit maximization is also looked at by enabling research into previously conducted studies. Wal-Mart has exploited costs and profit strategies by utilizing and capitalizing on its ability to offer products at rock bottom prices due to its enormous buying power and also committing suppliers worldwide contractually to price and cost control agreements. This has enabled this organization to take advantage of the economic environment in the U.S. and elsewhere within countries in which it has operations. This advantage leverages its buying power, allowing it to offer the ‘best deal’ by focusing on product costs and potential higher volume of sales; thereby maximizing its ability to impact global retail markets. Jones and Hill (1988, p. 160) maintain that a transaction requiring cost can be more effectively enabled if facilitated within the organization’s corporate infrastructure or â€Å"internalizing†, rather than by enabling such transactions within the marketplace. This paper looks at how Wal-Mart internalized its ability to control costs by facilitating a diversity of acquisitions within overseas markets. Apposing Jones and Hill’s (1988) findings, Denis, Denis and Sarin (1997, p. 135) point to studies which suggest that the â€Å"cost of diversification outweigh the benefits†. This paper seeks to establish more definitively the viability of costs and profit maximization via the acquisition methodology within the Wal-Mart corporate business model. Further attention will also be directed at ‘consumer choice’ and how it is impacted by costs and profit strategies incorporated within Wal-Mart’s operational function. Key to this organization’s diversification strategy has been its ability to supply and meet consumer expectations worldwide. According to research conducted in 1985, it was noted that consumers’ choice was driven by three variable buying habits (Quigley, 1985). Firstly, the consumer tends to select one choice when looking at a product even when offered many alternatives. Secondly, products on offer to the consumer are endowed with a large range of options and variety. Finally, the issue of price is a consideration that needs to be factored into the consumers’ expectations. Countering Quigley (1985), another source points to evidence suggesting that consumer participation is achieved not only by ‘price information’, but also by providing â€Å"non-price information† (Degeratu, Rangaswamy Wu, 1999, p. 8). Here their hypothesis maintains that allowing the consumer too much choice can compromise the consumer’s long term participation as a loyal customer. This tends to counter Quigley’s point of view, from which in part he suggests that the consumer is motivated by a ‘large range’ or variety of choice. Furthermore, Degeratu et al. (1999) argues that establishing consumers’ personal preferences enable choice to be restricted and issues such as price to be focused on specific product choices. This in turn allows the ability to negate competitors’ influence by diverting the consumers’ attention from a wide choice to a product personalized to include aspects such as price and brand. One of Wal -Mart’s key marketing strategies is to attract the consumer by the offering of ‘rock-bottom’ priced consumables. This paper endeavors to establish what really drives and captures consumer choice, with further attention allocated to further research sources in order to establish why Wal-Mart focus so much marketing attention on product price . Anticipated Evidence This study acknowledges that evidence from research offers numerous validated opinions related to the abovementioned trade and comparative advantage, costs and profit maximization and consumer choice. Based on evidence obtained relating to Wal-Mart’s growth and profitability, effort will be focused on accessing credible information from further sources that validates this organization’s decision to implement acquisition strategies that are both strategically sound and beneficial to both the supplier and consumer alike. Moreover, attention will be directed towards obtaining information and data that promotes Wal-Mart’s costs and profit maximization via strategies including the combining and internalizing of available resources. Customer choice will be further investigated so as to establish how this organization was enabled to achieve marketplace leadership by focusing on primarily on consumers’ expectations of price, whilst factoring in important considerations relating to brand and quality. While directing effort into the sourcing process, recognition will be given to the diversity of sources available, with viewpoints garnered from those sources perhaps not directly connected with economics or the retail industry. Additional Information Due to the significance of Wal-Mart’s dominant position within the international retail industry, consideration will be directed at additional factors that may be relevant to its growth and profitability. One factor that perhaps deserves some further researched evidence relates to overall management of costs, not only directly related to products (for resale), but also concerning the cost control of issues such as money transfer, exchange rate mechanisms and entry into overseas markets that is exposed to risks presented by cultural diversity and local traditions. Accessing these and other (perhaps secondary factors), may indeed shed light on this paper’s primary objective which is to establish how trade and comparative advantage, costs and profit maximization and customer choice impact and influence Wal-Mart, based on the variety of information and opinion sourced. Discussion Overview: Three Economic Strategies. Attention is now directed to ascertaining the importance of establishing factors that influence the economic viability of the Wal-Mart business model; whilst acknowledging its consistent historical growth pattern enabling it to become the world’s leading retailer. As briefly mentioned earlier, this study looked at various factors contributing to its critical competitive advantages, leveraged in part by its ability to set up overseas operations by investing in acquisitions. Utilizing the acquisition methodology of growth has raised concerns by previous research regarding if acquisition is the preferred or most efficient way to facilitate growth objectives on an international scale. Moreover, mentioned was allocated earlier to Hayward’s (2002) claim, in which a multinational’s accumulated operational and marketing track record is more influential to successful overseas entry than by enabling the acquisition of another business operation. Further attention will be given later in this study regarding the viability of international growth via acquisition. This study has also verified the implementation of ‘costs and profit maximization’ by the Wal-Mart management structure; thereby allowing this organization to utilize growing financial resources in order to maintain its dominant position within the international retail marketplace. Such dominance was facilitated in part by leveraging its enormous organizational buying power on a global basis in order to extract the lowest product cost from suppliers; thereby increasing the possibility of a higher profit margin. In turn, creating the lowest possible cost retail product range for resale purposes, has allowed effort to be directed to ‘consumer choice’, as without the vital component of consumer participation, no business can enjoy financial longevity or long term sustainability. Perhaps it is important to understand that within the law of economics, comparative advantage is enabled by one competitor retaining the ability to produce a product and service at a lower cost than other competitors; thereby creating an ‘inequality’ of competitiveness. It may be argued that comparative advantage can be further exploited by acquiring competitors rather than engaging in an environment of conflict. This raises the question whether the investment needed to effect acquisition is more financially viable than by directing financial resources to combating potential competitors. Another consideration propagating the argument towards favoring an acquisition suggests that this corporate strategy enables the utilization of resources from a base of existing suppliers and consumers; whereas starting from scratch in an overseas marketplace requires significant resources being allocated to catching up to existing retailers’ marketplace penetration. Strategy based on the latter option may result not only in ‘over-investment’ or excessive capital expenditure, but also necessitating additional time to be allocated to effecting a market entry strategy. As has already been noted, previous research has varying viewpoints regarding which route is more financially effective and sustainable. Therefore, the thesis of this study will be to establish that acquisition, effective costs and profit maximization and targeted consumer choice are invariably linked and are perhaps the most effective economic way to enable growth and profitability, especially pertaining to a large corporate infrastructure such as Wal-Mart. This idea will be demonstrated utilizing the Wal-Mart operational business model, both from a historical point of view and also from its current operational function. Implementation Viability: Three Economic Strategies. As previously noted, this U.S. organization has exploited these three strategies by utilizing the existing infrastructure, consumer base, experience and local knowledge of the acquired company. This has been achieved whilst capitalizing on its own ability to introduce sophisticated management and operating systems, derived and developed both in the U.S. and via a number of worldwide partnerships enabling the procurement of products at rock-bottom prices. In addition, significant investment into hardware and software technology has enabled this organization access accurate data and information quickly and efficiently. Perhaps one of its greatest business strategies in developing comparative advantages was the planned penetration of overseas markets, which may not have been so exposed to such a high level of expertise as their Western counterparts. This expertise has been derived from exposure to the ongoing development of business systems and comprehensive utilization of human resources. Their expertise also incorporated a company and management culture that encouraged the promotion of talent, including enabling the availability of both in-house and external based training. Furthermore, another strategic development facilitating their competitive advantage was the penetration of the Asian marketplace, an area of the world which had not been impacted so severely as in Western markets since the onset of the global economic recession in 2008. Furthermore, due to Asia’s lesser exposure to debt and systemically faulted credit mechanisms, Wal-Mart was able to exploit its penetration of Asian markets due to a higher consumer demand; thereby leveraging their enormous internal buying power by trading with economies such as China and India, in order to facilitate growth and profitability. Overall its penetration of international markets has enjoyed remarkable success and is endowed with multiple opportunities. This fact is verified by a recent analysis of the Wal-Mart business model, â€Å"Over time, the international segment probably has the greatest opportunity to improve sales and operating margin† (Forbes.com, 2012, p. 1). Their strategy of sourcing cheap products by utilizing their enormous purchasing power has enabled this organization to pass on the benefits directly to the consumer, thus facilitating their ability as a leading international retail competitor to compete effectively against more established overseas retail chains. Therefore, due to a severe competitive environment in the United States, Wal-Mart will no doubt continue to take advantage of overseas markets, which may allow it to further utilize their sophisticated management and monetary control systems within an easier and less competitive operating environment. To date, this organization has implemented this advantage by employing a corporate culture incorporating in part, international expansion and penetration by means of acquisition. Furthermore, Wal-Mart further developed their advantage over competitors by employing sophisticated exchange control mechanisms that reduced their risk exposure to fluctuations of foreign currency. Th ey achieved this in part, by pricing their revenues and costs utilizing a strategy of securing a fixed or more stable exchange rate on which to base their costings and revenue forecasts. Whilst acknowledging their obvious success which was enabled in part by their strategic management planning gaining access into global markets, further study from previous research is now directed to the critical evaluation of alternative overseas market penetration strategies. In addition, focus into the feasibility and effectiveness of costs reduction and profit optimization is also included within this investigation. Inevitably this study will also factor in the enhanced ability of the consumer to enjoy options that allow both choice of product, and increased purchasing power due to rock-bottom product pricing. According to a study conducted into organizational fit and acquisition performance, it is argued that acquisitions are known to â€Å"have a high failure rate—nearly half of all acquisitions are rated as being unsatisfactory by managers of acquiring firms† (Datta, 1991, p. 281). It is also surprising to note that companies and organizations targeted by acquiring companies have an above average chance (over 50%) of experiencing a fall in profitability. According to Datta (1991), challenges posed by the corporate targets of acquisition include implementing and combining the operational functions of both the acquirer and the acquired. This is indeed challenging in overseas markets where cultural differences and corporate practices are perhaps significantly diverse in nature. However, balanced against this argument, Datta (1991) did not constructively conclude that the same profit related challenges are faced by acquiring companies. It can possibly be inferred from Datta’s (1991) study that the benefit of acquisition may be more weighted in favor of the company conducting an acquisition. Assuming that this company assumes a majority control over the acquired company’s infrastructure and operational function including an existing consumer base and marketplace penetration, further suggests that the trade and comparative advantage lies with an incoming organization such as Wal-Mart. Supporting this thesis in part, Dussauge, Garrette Mitchell (2000, p. 100) claim â€Å"that no one business can create all resources needed to prosper and grow†, however they continue to maintain that â€Å"collaboration† (p. 100) between competing companies allows each company to possess and leverage â€Å"complementary resources† (p. 100); thereby enabling the exploitation by both participating companies of opportunities within the marketplace. Dussauge et al. (2000, p. 100) further adds that such collaboration facilitates the ability to ensure â€Å"survival and growth†. However, this paper cautions that based on Datta’s (1991) research, such exploitation may be more beneficial to the incoming acquiring company. Attention is now focused on the economic aspects regarding the maximization of profits and minimizing costs. Wal-Marts exposure to exchange risk is significant due to capital investment into overseas markets from which it is assumed that subsequent returns of investment (ROI) will in part be transferred back to the United States. Furthermore, issues such as incurring debt and ongoing initial overseas expenditure including legal costs are also budgeted necessities that require the enactment of currency control mechanisms. Also assuming the implementation of a larger and more diverse product range made available within the newly acquired overseas marketplace, accumulating procurement expenditure for resale products from overseas suppliers and business ‘partners’ will be to be factored into the ‘costs analysis’. To reduce its risk exposure to fluctuations of foreign currency, Wal-Mart has priced their revenues and costs by securing a fixed or more stable exchange rate on which to base their costings and revenue forecasts. The methodology employed to reduce exchange rate risks was by utilizing interest rate swaps; as a report studying Cash flow instruments points out, â€Å"The Company [Wal-Mart] was party to a cross-currency interest rate swap to hedge the foreign   currency risk of certain foreign-denominated debt. The swap was designated as a cash flow hedge of foreign currency exchange risk† (Wikinvest 2008, p. 1). This factor incorporating the leveraging of exchange rate mechanisms has continually facilitated maximized profitability and minimized costs. However, on a cautionary note, exchange rate mechanisms are by no means guaranteed to remove potential exchange rate losses, but can be seen to perhaps ‘dilute’ or lower the risk of foreign currency and exchange rate losses. Furthermore, due to Wal-Mart’s enormous purchasing power and ability to source the lowest priced products and services from cheaper overseas suppliers, minimal costs are achieved whilst also subsequently allowing the maximization of profits to be realized. Moreover, the benefits attributed by optimizing costs and profits, facilitates passing on to the consumer, both choice and low prices. However, revenue based on price and choice is not necessarily conducive and conclusive to enabling long term consumer loyalty. This was noted earlier in a study conducted by Degeratu et al. (1999), in which they argue that giving a consumer too much choice creates an environment in which competitors can compete on a level footing, whereas by personalizing the marketing away from price and a wider choice negates in part the threat from competitors. Conclusion Based on the aforementioned sourced evidence, this study suggests that enabling trade and comparative advantage is indeed viable by implementing expansion and growth via a strategy of acquisition. Despite evidence some pointing to the high failure rate of acquisitions and the possibility of achieving growth by internalizing expansion, such evidence does not disprove that the proven success already demonstrated by corporate organizations such as Wal-  Mart, cannot be continued to be planned and implemented. Perhaps the primary factor allowing this positive viewpoint of acquisition is regarding the significant time needed to build and develop market share in a new overseas market. According to Singh and Montgomery (1987, p. 378), internal development into a new market can take up to eight years in which to achieve â€Å"accrual of returns†. Further supporting acquisition, Singh and Montgomery (1987, p. 379). maintain that such markets may be â€Å"characterized by substantial barriers to entry†, further justifying Wal-Mart’s strategy of comparative advantage by acquisition. Accepting the relative initial high investment of acquisition, as compared to that of internalized growth, creating mechanisms to allow costs efficiency is of vital necessity in order to create positive cash flow and sustainable growth. These findings have showed that the combination of ‘purchasing power’ and mechanisms lowering the risk of exchange rate losses, have in part led to the success of one of the world’s largest companies. Additionally, acquiring existing overseas operational structures provides a company such as Wal-Mart the opportunity to offer the consumer the ‘best deal’ due to the collaboration, ‘expertise’ and infrastructure of two related corporate entities. However, this study would be remiss by not cautioning against the possibility of future areas of conflict between corporate collaborators, in the event of inequality of opportunity between collaborators as highlighted earlier in this paper by Dassa, (1991, p. 13).