Monday, September 30, 2019

Kant vs. Singer

November 29, 2012 Singer VS. Kant Duty can be defined in numerous ways but what is difficult to know is what our moral obligations are? Immanuel Kant and Peter Singer have attempted to find a more simple, rational, and supreme rule for what our duty is. Singer makes the distinction between charity and duty. He attempts to show that we, in affluent countries such as the United States, have a moral obligation to give far more than we actually do in international aid for famine relief, disaster relief and much more.According to the reading, Singer believes we need to drastically change our way of life in order to help others. He is making the argument that â€Å"if it is in our power to prevent something bad from happening, without thereby sacrificing anything morally significant, we ought, morally, to do it (231). † And he defines â€Å"bad† as â€Å"suffering and death from lack of food, shelter, and medical care (231). † The example he offers is a situation in wh ich a little girl is drowning in a shallow pond. One can easily rescue her, but doing so would wreck one’s new fifty-dollar shoes.Singer believes that morally, one needs to go in and save the girl. Anybody who would walk by and refuse to save her would be considered a horrible person. Then, he continues and introduces a different moral situation. A little girl is starving in a poor country. One can easily spend fifty dollars to save her life, but then one cannot use that money to purchase a new pair of shoes. Again, one is faced with a choice; do you save the little girl or buy new shoes? He believes that there is no moral difference between these two cases.In conclusion, he is saying that as a moral obligation, you should save the little girl in Africa instead of buying the new pair of shoes. People in affluent countries can prevent people dying from starvation by giving more money to famine relief without sacrificing anything morally significant. Therefore, they should. He believes that no matter how close or how far someone is, if you know you can prevent bad without sacrifice, it is your moral obligation to do so. Sometimes, the excuse people use for not donating to charity is that they don’t have much money right now but when they do, they will.Plus, they acknowledge the fact that there are other people who do have extra money at the time, so it is their responsibility. On the other hand, they also know that a lot of these people have the money but choose not to help. And the fact that they don’t help does not justify a person with less means not to help. In the Groundwork of the Metaphysics of Morals, Kant is looking to find an understanding of morality that can be drawn from first principles rather than from empirical experience, which is knowledge that we gain from experiences.Morality needs to be established in pure reason and not gained form human experiences, but applicable to any and all rational beings. He is attempting to com e up with a rational supreme principle of morality. He begins by addressing the idea of duty. Kant says that the only quality that is actually good is good will. Any other quality can be accompanied by bad will. And good will is not good because of what it achieves, it is good for the reason to do it. He argues that reason must be meant to help us develop a good will.The purpose of having a good will is not to do good things, it is good in itself. And a person’s will is only good if they are motivated by duty, not any selfish wants. The idea of a good will is supposed to be the idea of one who only makes decisions that she holds to be morally worthy, taking moral considerations to guide their behavior. Kant believes that the fundamental principle of our moral duties is a categorical imperative. A categorical imperative is a command that expresses a general, unavoidable requirement of the moral law.Its three forms have universalizability, respect, and autonomy. Together they e stablish an action that would be considered â€Å"good† only if we can will everyone to do it, it enables us to treat other people as ends and not as the means to our own selfish ends, and it allows us to see other persons as mutual law-makers in an ideal ‘realm of ends. ’Kant believes that the difference between being motivated by a sense of duty in the ordinary sense and being motivated in his sense was that he thinks that motivation by duty is motivation by our respect for whatever law it is that makes our action a duty.Our respect for the laws that guide is qualified in the sense that we pick which is more or less important and which has more value. In contrasting and comparing Kant’s and Singer’s argument, I have come to the conclusion that Kant’s argument is more realistic than Singer’s. Singer is expecting everyone to accept the fact that helping others, whether they are close or far, is one’s duty and one must act upon i t. He is being too optimistic to think that humans will give away what is not necessary and help the people who are starving instead. His argument is weak because it achievable. Singer is asking us to sacrifice too uch and this makes it unattainable. Kant on the other hand is acknowledging that the human species is rational and is always progressing towards the good. He believes that it is one’s duty to raise ourselves from the unpolished state of our nature and move forward towards humanity. He also knows that our actions will be based on pure reason. And he knows that the motivation for duty consists on the bare respect for lawfulness. These laws he speaks about are established by the city or the state and they’re a guide for our moral compass. His expectation of us is much more attainable and real.

Sunday, September 29, 2019

Problems in Public Transport

Safe and fast travel is what the commuters expect from our public transport system. It is supposed to be the cheapest and best option. But for the students of Skirts Sanity College and the other neighboring colleges, that is not the case. The number of BOMB buses operating from Henry main road to Katmandu Is found to be highly insufficient during the morning peak hours. The students commuting In this route find It very difficult to reach their college safely in the right time. They are of the opinion that the bus services In the morning are Irregular and lack punctuality.Most of the colleges begin their classes at 9 AM. And every student would obviously want to reach In time. † says Meek, a 1st semester BCC student of Skirts Jaunty College. â€Å"Because there Is very less bus service In the morning, we have no choice but to rush Into heavily crowded buses. This Is very tiring and sometimes dangerous. † The lack of buses and Irregularity In their arrival Increases the nu mber of students walling. They are then left with no choice but to travel boatyard or hanging out of the bus which Is extremely dangerous.There is a high chance of them falling off the bus. Hence, the students experience a very frustrating and perilous journey every morning. â€Å"It is not lust the college students that go through this kind of hardship. People on their way to work and children on their way to school are also part of the crowd. We are all crushed together in the bus. Finding foot space in the bus itself is a tricky task. † says Pungent, a 1st semester BAA student of Skirts Sanity College. â€Å"The actual problem is that all the institutions begin their daily schedule almost at the same time.So there tends to be a need for everyone to reach their destination in time. If there is no adequate amount of buses, they choose to step into the first bus they find and this leads to the crowding up of the bus. † As the public transport is highly unreliable, the students who use the BOMB bus passes are sometimes forced to use the private buses. This leads to unnecessary expenditure of money. Leveraging the lack of frequency of buses, a number of auto-rickshaws at the Henry Junction ferry passengers on a shared basis.They charge the passengers much more than the meter fare. These are the problems that the students have to face every day. National Service Scheme (INS) operating in Skirts Sanity College have found that much of the students of the college use public transportation and that they find It very problematic to commute in the morning. INS has decided to raise this Issue to the respective authorities and strive to find an appropriate solution. -Sashay Balkan, 1st Semester Bagging.Problems in Public Transport By Sashay-Balkan room Henry main road to Katmandu is found to be highly insufficient during the morning peak hours. The students commuting in this route find it very difficult to services in the morning are irregular and lack punc tuality. â€Å"Most of the colleges begin their classes at 9 AM. And every student would obviously want to reach in time. † says Meek, a 1st semester BCC student of Skirts Sanity College. â€Å"Because there is very less bus service in the morning, we have no choice but to rush into heavily crowded buses. This is very tiring and sometimes dangerous.The lack of buses and irregularity in their arrival increases the number of students waiting. They are then left with no choice but to travel boatyard or hanging out of the bus which is students experience a very frustrating and perilous Journey every morning. â€Å"It is not just the college students that go through this kind of hardship. People on their way to much of the students of the college use public transportation and that they find it very problematic to commute in the morning. INS has decided to raise this issue to Balkan, 1st Semester BAA Spend.

Saturday, September 28, 2019

Social Changes During the Trudeau Era

In 1999, the top Canadian newsmaker of the century was voted out and the glory fell to the charismatic former Prime Minister, Pierre Elliott Trudeau, who was elected into office after WWII. Throughout that time period, Trudeau worked towards promoting countless emerging social issues in Canada in various ways, and greatly influenced the transformations of the nation into the one that is known now. Among those social changes were the arising force of feminism, the altering relationship with Quebec, and the growing cultural diversity within Canada. Soon after WWII, â€Å"The Second Wave† of feminism swept the decade and the rights of women were largely demanded by feminists. Pierre Trudeau realized that the unbalanced status between the sexes was in the need of change and encouraged feminism by supporting it with new laws and measures. In 1967, Pierre Trudeau gained himself much attention by introducing an omnibus bill as the Justice Minister. In the bill, he showed his views and suggestions to many concerned issues including abortion. The law stated that an abortion would be legal if approved by a committee of three doctors. However supported by feminists, the reform was doubted by the public. Trudeau stood firm and defended the bill with a famous saying, â€Å"there is no place for the state in the bedrooms of the nation† (CBC 1967). The bill was later passed and it granted more rights to women who then became supporters of Trudeau, out of reason over passion. After their basic rights were guaranteed, Trudeau turned to focus on the lack of equality for female workers. In 1970, women were paid 59 cents to each dollar a man earned for doing the same amount of work. In order to alter this situation, the Canadian Human Rights Act was passed under the Trudeau government. The Act prohibited sex discrimination, guaranteed equal pay for work of equal value and improved the status of female workers. In result, 47 percent of the married women were under employment in 1979, whereas eighteen years ago, only one in five of them were. From this information, it is clear that women were encouraged by the granted social rights which led to many changes in their lives. In the meanwhile, Trudeau supported feminism not only in the society, but also within the federal government. The first female governor general in the history of Canada, Jeanne Sauve, was appointed due to the recommendations of Trudeau to the Queen. In a speech, he stated that â€Å"it is right and proper that her Majesty should finally have a woman representative here† and that this would be a â€Å"welcome revolution† for the society (CBC 1984). This appointment entitled women the rights to be at high rank in the federal legislature. The carefully selected governor general had also been the first cabinet minister from Quebec, the first female Speaker of the House and the ideal candidate for the position. His actions revealed that the Prime Minister of Canada believed that women were as capable as men and should be promoted if ability is recognized. Therefore, Trudeau showed support to feminism and helped drive one of the most important social changes in those decades. As Trudeaumania swept up the nation, the Prime Minister was not only popular among men and women, old and young, but also supported in both western and eastern parts of Canada. As a federalist, he contributed greatly towards making changes and improving French-English relationship. He believed that it was important to make efforts in keeping Canada together after the testaments it had been faced with and the growing separatism in Quebec. Trudeau decided that the solution was to grant more rights to the Francophone. Therefore he promoted the status of French to a national basis, granting Francophone the language rights by passing the Official Languages Act. The law of 1969 transformed Canada into an official Bilingual nation. When the mixed criticizes appeared, he again defended the law by stating â€Å"of course a bilingual state is more expensive than a unilingual one, but it is a richer state† (Julian 14). This quote reflected his determination in promoting federalism and trust in the future of bilingualism in Canada. He was not alone. Among the Francophone, bilingual government services were extremely popular and were supported at a rate of 79 percent (Parkin 6). Later on, Trudeau and his government created the Charter of Rights and Freedoms in which the sections 16 to 22, specifically outlined the official language rights for Francophone again. This time the reform focused on the co-operation between federal and provincial governments to ensure the official bilingualism services in Canada. The goal included allowing both Francophone and Anglophone to preserve their basic language rights and cultural identity, regardless of their geographic location or language backgrounds. The bilingual law is still supported by 76 percent of Canadians today according to a poll in 2002, 35 years after its initiation (6). However back then, many separatists criticized on the reforms of Trudeau and some went into action. During the October Crisis, Prime Minister Trudeau refused to give in to the terrorists and he implemented the War Measures Act, ensuring the safety of Canadians from the extreme nationalists. â€Å"Just watch me† (CBC 1970), said Trudeau in an interview after the kidnapping of a provincial cabinet minister by the FLQ. He tried to protect the society from the threat that endangers French-English relationship, and he was supported by the Parliament and the Quebec Premiere. In all, Pierre Trudeau contributed with great efforts towards portraying French-English relationship and holding Canada together as a nation. Apart from his federalism, Pierre Trudeau also encouraged cultural diversity within Canada. He promoted multiculturalism and immigration policies. â€Å"I believe a constitution can permit the co-existence of several cultures and ethnic groups with a single state† (Craats 23), stated Trudeau. He foresaw the importance of multiculturalism and drove social changes in Canada with the passing of the Canadian Multiculturalism Act. The Act encouraged and protected citizens from different cultural backgrounds in preserving their traditions. Under the Act, heritage language classes and various programs welcomed all residents and helped them feel comfortable in Canada. Also, the reform of Immigration Act was passed, allowing more immigrants to be admitted to Canada. The barriers were reduced and immigrants were separated into three classes: family class, humanitarian class and independent class. The basis of selection was broadened and it successfully attracted more immigrants. In 1970s, eighteen percent growth in total population appeared mostly because of immigration in the previous decade. After that, the Trudeau government passed the Citizen Act, which granted equal rights for all citizens. The law stated that native-born and naturalized Canadian citizens would both be entitled to citizenship rights and obligations equally. Citizens from foreign backgrounds were given the voting right, mobility right, language right and etc. This Act showed respect and recognition to all cultures based on multiculturalism. With efforts, Trudeau and his government created laws that drove many social changes by encouraging multiculturalism in society. As one of the most popular politicians in the history of this nation, Trudeau led Canadians through the difficult years after world war two, and left a permanent mark on its society. Throughout that time period, Canada was driven into changes mostly influenced by Trudeau in terms of feminism, federalism and multiculturalism. Those changes left great impacts and had altered the daily lives of Canadians ever since.

Friday, September 27, 2019

Ways of a DJ Essay Example | Topics and Well Written Essays - 750 words

Ways of a DJ - Essay Example The first consideration in becoming a DJ then is acquiring the necessary equipment. While there is nearly an endless amount of technology or equipment that DJ’s have incorporated, all DJ’s must have some basic technology. In terms of basic technology, it is necessary that DJ’s first purchase two turntables ("discjockey101"). Turntables are the actual systems that play the records. While turntables are recognized as an antiquated technology, they are necessary for DJ’s as this allows them to ‘spin’ or manipulate the record to achieve a particular effect of speed. One remembers that speed is highly important in the club environment, as with record speed the DJ control the mood and overall ambiance of the experience. The necessity of having two turntables is to ensure that there is always music being played. In this way the DJ prepares one song to coincide directly with the end of the next song. In addition to two turntables, it is necessary for a DJ to have headphones, RCA stereo cables, and a DJ mixer. The DJ mixer is a complex piece of equipment that is nonetheless essential for the DJ’s job. This piece of equipment has a crossfader. The crossfader allows the DJ to switch the music from the first turntable to the second turntable. Specifically, this instrument fades the music between the two turntables to ensure that the transition is seamless. ... One of the most overarching considerations when choosing which records to match is the drumbeat. The drumbeat is highly important, as it is this element that most dominantly influences dancing within the club ("mahola"). Another prominent consideration relates to the song’s introduction and conclusion. These elements are referred to as the ‘intro’ and ‘outro’. These elements are highly important as they allow the DJ to find unique or seamless elements in combing songs. While the ‘outro’ generally refers to the song’s ending, it is also possible for a song to have a break point. The break out is a period in the song when the DJ can seamlessly transition from it to the next song. While the drumbeat is very important consideration, there are also recognitions involving BPM. BPM refers to beats per minute. The beats per minute are essential as it designates a specific speed of record that is necessary for the club’s specific atm osphere. Additionally, beats per minute designate specific genres of dance music. Generally hip-hop songs are under 115 beats per minute. Hard-house songs are over 125 BPM. Finally, drum and base, and Jungle music are nearly twice as fast as hip-hop music, as they are between 160 to over 200 beats per minute. In terms of the specific process of beat matching, DJs must listen for the ‘outro’ of the first song. They then match the ‘outro’ of the first song with the first beat of the ‘intro’ of the new song. In this way there is a seamless transition as the ending of the first song matches the beat of the next. A final consideration in terms of beat matching is the volume and pitch. DJ equipment allows the DJ to set a specific volume and pitch for each turntable. It is then necessary to have the same

Thursday, September 26, 2019

This is a continuation of your first assignment. Imagine your company Essay

This is a continuation of your first assignment. Imagine your company does not currently have an ethics program and you believe - Essay Example Its aim, as far as workers are concerned, is to ensure that they work in a favorable environment that supports their career development and are treated with dignity. St. Louis Delights, though a small company when compared to international players in the chocolate industry, has a diversified workforce. The company is also committed to ensuring that it remains profitable and preserves cordial relationships with its suppliers. For the company, its stakeholders are a kind of extended family which it treats with respect. St. Louis Delights also strives to maintain the best possible service for all customers while actively looking for ways in which it can contribute to their further development. The community at large is guaranteed high quality food products and a commitment to meet and fulfill universally accepted ethical values. The company also aims to be a participant in the social as well as economical development of its community. The internationally known chocolate company, Mars, I ncorporated, has a group of five principles that it strives to adhere to in its operations in different nations. These include Mutuality, Quality, Efficiency, Responsibility, and Freedom (Karunakaran and Chatterjee, 2008). Mars Incorporated has also recently been recognized for its efforts towards ensuring that cacao harvesters in third world nations, who are its main suppliers, also benefit from the business. In West Africa, the world’s largest Cacao producer, Mars Incorporated has started programs such as the ‘Sustainable Cocoa Initiative’ to make it possible for poor farmers to operate sustainable businesses by increasing incomes along the cocoa chain of supply (Hosmer, 2008). Mars Incorporated also aims to meet other environmental preservation targets such as minimizing water use, and stopping the use of fossil fuels as an energy source in the next three decades. Other famous international corporations such as Barry Callebaut and Kraft Foods which took over C adbury’s, along with seeking to improve working conditions for third world suppliers, have also vowed to deal only in cocoa that is ethically sourced (Karunakaran and Chatterjee, 2008). All over the world, consumers, particularly in developed nations, are increasingly becoming interested in only procuring socially conscious products. St. Louis Delights is well aware of this and aims to make the necessary changes before the ethical market for chocolate grows too large to accept new entrants. Analyze ways ethical challenges affect your business and create a code of conduct for your company. Provide a rationale on how these specific codes enhance your company’s ethics program. St. Louis Delights, though not an international corporation yet, is aware of the conditions that most West African suppliers work with. The biggest ethical issue concerns the use of child labor; or, more specifically, child slaves. In West African communities where cacao is grown, poor children are used to harvest the crop without being paid in most cases (Karunakaran and Chatterjee, 2008). The children may be provided with a single meal as payment for their services. However, for them, as well as their parents, they may feel that this is adequate because they would not have any food otherwise. In places where they are paid, they receive extremely low wages. At present, there is no fail safe strategy that can be used to

Employee Engagement Coursework Example | Topics and Well Written Essays - 1500 words

Employee Engagement - Coursework Example 6). It refers to the amount of â€Å"discretionary effort† exhibited by the employees at work, in the form of extra time, brainpower or energy (Towers-Perrin, 2003 as cited in Carter, 2010). What it is not employee engagement is â€Å"staff satisfaction surveys† published by staff survey companies, because employees can give a high rating to surveys but do no meaningful work at al (Gable, et al., 2010). It is more about productivity and performance by a staff inspired to go the extra mile, willingly (Elsworth, 2011, p. 6). The T&D editorial staff concurs in their article â€Å"Employee Engagement Correlates to Career Advancement and Training† (T&D, 2011), where it affirms that â€Å"employee engagement needs to be part of the everyday culture of an organization, not addressed only through annual surveys† (p. 21). ... On the other hand, the Partnership for Workplace Mental Health, a project of the American Psychiatric Association (APA), reported in 2009 that only one in every five workers is engaged in their work. Viewed in tandem with the T&D article, then, it appears there has been an improvement in the number of engaged workers, from 20 per cent to 30 per cent of the work force, indicating the effectiveness of government and private sector efforts to encourage employee engagement. On the other hand, the Partnership for Workplace Mental Health, a project of the American Psychiatric Association (APA), reported in 2009 that only one in every five workers is engaged in their work. Certain organization responses were undertaken with the corresponding engagement ratios: Engagement Levels by Organization Responses Action Taken % Engaged Layoffs/downsizing 25% Salary reductions 26% Hiring freeze 27% Salary freeze 28% Reorganization/ restructure 28% Postponement of projects 30% New business venture 37% â€Å"Employee Engagement Report, 2011† by BlessingWhite, cited in T&D, 2011 From the foregoing table, it is apparent that the most radical and severe actions were taken in those companies for which the ration of engaged personnel were lowest; as the ratio increased, the action taken was seen to be more tempered and less drastic, creating less displacement for the business. 2. Terms of reference This body seeks to address the following course requirement: â€Å"Employee Engagement was described by one presenter as having a positive impact on their own Company performance. Your Chief Executive is keen for you to critically review the concept and to find evidence as to whether and how such an impact could be achieved.† (1st question). From the statement, it is

Wednesday, September 25, 2019

Brand strategy for growth Assignment Example | Topics and Well Written Essays - 1000 words

Brand strategy for growth - Assignment Example Moreover, setting up targets in an organization practically fixes the quantitative target values and aiming in context with the divisional plans identifying the contributions made by each department within the organization. Carrying out performance analysis which includes analyzing and discovering the gap between the planned desired performances enhances performance. The actual reality and final choice of strategy, which is the ultimate step in the formulation, become imperative. Consider organizational goals, organizational strengths, potentials, limitations, as well as the external opportunities (Banerjee, 2007). The brand manager should seek to understand the market by defining it category. An incoming brand manager should have in order to carry out strategy formulation is a better understanding of his/her organization. This is done by carrying out both internal and external analysis of the organization. It helps them get a better glimpse of the organizations strengths, weaknesses and opportunities as well as a better understanding of its competitors. Carry out a SWOT analysis. The endeavor helps the manager be in and advantage position since they are able to know the competitor approaches pricing and models of communication. In addition, the evaluation will unearth the consumer patterns; make a consideration of brand size metrics and loyalty measures (van Gelder, 2004). The management has to check the brand availability with regard to the mantel and physical disposition. The next important aspect an incoming manager needs to be aware of is the status of the brand in question, what is the mental availability of the brand? (Are the customers aware of the brand in question), what is its general buying patterns? (When is its buying seasons? who are the buyers? And the status of its monopoly effect in the market). All these will enable the brand manager to be in a position to better understand his or her brand better and hence help them in coming up

Tuesday, September 24, 2019

The Girl who played with fire Essay Example | Topics and Well Written Essays - 750 words

The Girl who played with fire - Essay Example Nonetheless, to a bigger extent, this novel is a mirror of the society today, and therefore, presents a challenge, and offers insightful platforms for moral transformation of individuals and whole society. Lisbeth Salander is one of the main characters who carry most of the themes in the novel. Most of the events in this novel are a representation of what happens in the society today. This therefore, plays the role of highlighting these moral concerns in society, thereby, instilling the urge of change in the people who read this novel. The society today is faced with a high level of moral decadence, just as the case in this novel. First, the aspect of violence is rampant in the novel. The author has used different violent scenes to show this. For instance, forms of sexual violence; including rape, shoot-outs, murders, bombings, and axing, are all forms of violence present in this novel. Salander, the main character propagates some forms of violence; while on the other hand, she is al so a victim of violence. She uses violence as a defence mechanism for herself and others. As a victim of violence, Salander’s character suffers in the media and in the social welfare system. â€Å"POLICE TRACKING LESBIAN SATANIST CULT.† (20.173). ... Teleborian had pretended that Salander was violent, which was not the case. The court systems and police force also propagate a form of violence when they fail to address the concerns of rape victims in a just manner. The height of violence is also manifest at the end of the novel, when Salander’s brother buries her alive, after being shot in the head by her father. The novel therefore, highlights violence, which is highly despised in society, but still rampant. Gender and gender discrimination is another moral question present in Larsson’s book. There are both good and bad male characters in this novel. The good men show a higher level of respect for the females. The bad men in the novel are sadistic and perpetuate discrimination of women in the novel. For instance, they show disrespect for women by using obscene words such as â€Å"whore,† â€Å"bitch,† and â€Å"slut† to refer to women. Some of the men are responsible for raping women, killing wo men, and beating them up. â€Å"The press would rip him to shreds. A member of the Security Police who exploited teenage prostitutes†¦If only those fucking cunts hadn't been so young.† (23.29). Gunnar Bjorck views women as sex objects, and does not feel guilty that he abused them, he only fears being exposed. Apart from sadistic men, the media, systems of justice, social, and health institutions also contribute to discrimination of females. â€Å"When it later turned out that Norgren had been convicted for sexual offenses twice before, the prosecutor decided to drop the case. But that did not mean the social welfare report on Salander was set aside.† (21.10). Although Norgeren assaults Salander, he is not punished for it, yet Salander continues to be depicted as a

Monday, September 23, 2019

Management and globel economy Essay Example | Topics and Well Written Essays - 1000 words

Management and globel economy - Essay Example ive application of cross cultural teams can offer a source of experience and inventive thinking that enhances the competitive position of the organization. Nonetheless, cultural disparities are can impede with the successful completion of projects in present multicultural, global business society. To attain project objectives and avoid cultural misapprehensions, project managers should be culturally sensitive and support creativity and motivation through flexible headship. They should also apply the famous and accepted cross cultural management theories for the benefit of the company and society. Theories tackle connections between populace, motivational direction, orientation toward threat, definition of oneself and others, outlooks to time, and attitudes to the atmosphere. Motivation and training of multicultural projects groups and appropriate inferences for project management is an integral in business success. Cultural differences in business management affect people as it affec ts the relationships between people. Two main, distinct cultural dissimilarities can be identified concerned this relationship. It leads to egoism and collectivism approaches, which further develops universalism versus particularism as well as individualism and communitarians. Managers also apply motivational orientation whereby society’s means to deal with intrinsic vagueness of living. In this aspect, masculinity and femininity, uncertainty averting, and control distance are issues to consider. Another aspect to consider is outlooks toward time between long-term and short-term courses, which are either inner or outer time. For instance, Unilever applies cultural differences approaches at it operates in over hundred countries with different cultures. The case study of Unilever is an inspiration to corporations that fancy thriving in the fast-moving economy. Unilever has long considered adaptation a chief factor of success in the consumer goods sector globally, mostly in the

Sunday, September 22, 2019

Selection and organization of content Essay Example for Free

Selection and organization of content Essay Blooms Taxonomy of Educational Objectives One of the most widely used ways of organizing levels of expertise is according to Blooms Taxonomy of Educational Objectives. (Bloom et al., 1994; Gronlund, 1991; Krathwohl et al., 1956.) Blooms Taxonomy (Tables 1-3) uses a multi-tiered scale to express the level of expertise required to achieve each measurable student outcome. Organizing measurable student outcomes in this way will allow us to select appropriate classroom assessment techniques for the course. There are three taxonomies. Which of the three to use for a given measurable student outcome depends upon the original goal to which the measurable student outcome is connected. There are knowledge-based goals, skills-based goals, and affective goals (affective: values, attitudes, and interests); accordingly, there is a taxonomy for each. Within each taxonomy, levels of expertise are listed in order of increasing complexity. Measurable student outcomes that require the higher levels of expertise will require more sophisticated classroom assessment techniques. The course goal in Figure 2student understands proper dental hygieneis an example of a knowledge-based goal. It is  knowledge-based because it requires that the student learn certain facts and concepts. An example of a skills-based goal for this course might be student flosses teeth properly. This is a skills-based goal because it requires that the student learn how to do something. Finally, an affective goal for this course might be student cares about proper oral hygiene. This is an affective goal because it requires that the students values, attitudes, or interests be affected by the course. LEVEL OF EXPERTISEDESCRIPTION OF LEVELEXAMPLE OF MEASURABLE STUDENT OUTCOME Table 1: Blooms Taxonomy of Educational Objectives for Knowledge-Based Goals 1. KnowledgeRecall, or recognition of terms, ideas, procedure, theories, etc.When is the first day of Spring? 2. ComprehensionTranslate, interpret, extrapolate, but not see full implications or transfer to other situations, closer to literal translation.What does the summer solstice represent? 3. ApplicationApply abstractions, general principles, or methods to specific concrete situations.What would Earths seasons be like if its orbit was perfectly circular? 4. AnalysisSeparation of a complex idea into its constituent parts and an understanding of organization and relationship between the parts. Includes realizing the distinction between hypothesis and fact as well as between relevant and extraneous variables.Why are seasons reversed in the southern hemisphere? 5. SynthesisCreative, mental construction of ideas and concepts from multiple sources to form complex ideas into a new, integrated, and meaningful pattern subject to given constraints.If the longest day of the year is in June, why is the northern hemisphere hottest in August? 6. EvaluationTo make a judgment of ideas or methods using external evidence or self-selected criteria substantiated by observations or informed rationalizations.What would be the important variables for predicting seasons on a newly discovered planet? LEVEL OF EXPERTISEDESCRIPTION OF LEVELEXAMPLE OF MEASURABLE STUDENT OUTCOME Table 2: Blooms Taxonomy of Educational Objectives for Skills-Based Goals PerceptionUses sensory cues to guide actionsSome of the colored samples you see will need dilution before you take their spectra. Using only observation, how will you decide which solutions might need to be diluted? SetDemonstrates a readiness to take action to perform the task or  objective Describe how you would go about taking the absorbance spectra of a sample of pigments? Guided ResponseKnows steps required to complete the task or objectiveDetermine the density of a group of sample metals with regular and irregular shapes. MechanismPerforms task or objective in a somewhat confident, proficient, and habitual mannerUsing the procedure described below, determine the quantity of copper in your unknown ore. Report its mean value and standard deviation. Complex Overt ResponsePerforms task or objective in a confident, proficient, and habitual mannerUse titration to determine the Ka for an unknown weak acid. AdaptationPerforms task or objective as above, but can also modify actions to account for new or problematic situations You are performing titrations on a series of unknown acids and find a variety of problems with the resulting curves, e.g., only 3.0 ml of base is required for one acid while 75.0 ml is required in another. What can you do to get valid data for all the unknown acids? Organization Creates new tasks or objectives incorporating learned onesRecall your plating and etching experiences with an aluminum substrate. Choose a different metal substrate and design a process to plate, mask, and etch so that a pattern of 4 different metals is created. LEVEL OF EXPERTISEDESCRIPTION OF LEVELEXAMPLE OF MEASURABLE STUDENT OUTCOME Table 3: Blooms Taxonomy of Educational Objectives for Affective Goals ReceivingDemonstrates a willingness to participate in the activityWhen Im in class I am attentive to the instructor, take notes, etc. I do not read the newspaper instead. RespondingShows interest in the objects, phenomena, or activity by seeking it out or pursuing it for pleasureI complete my homework and participate in class discussions. ValuingInternalizes an appreciation for (values) the objectives, phenomena, or activityI seek out information in popular media related to my class. OrganizationBegins to compare different values, and resolves conflicts between them to form an internally consistent system of valuesSome of the ideas Ive learned in my class differ from my previous beliefs. How do I resolve this? Characterization by a Value or Value ComplexAdopts a long-term value system that is pervasive, consistent, and predictableIve decided to take my family on a vacation to visit some of the places I learned abo ut in my  class. To determine the level of expertise required for each measurable student outcome, first decide which of these three broad categories (knowledge-based, skills-based, and affective) the corresponding course goal belongs to. Then, using the appropriate Blooms Taxonomy, look over the descriptions of the various levels of expertise. Determine which description most closely matches that measurable student outcome. As can be seen from the examples given in the three Tables, there are different ways of representing measurable student outcomes, e.g., as statements about students (Figure 2), as questions to be asked of students (Tables 1 and 2), or as statements from the students perspective (Table 3). You may find additional ways of representing measurable student outcomes; those listed in Figure 2 and in Tables 1-3 are just examples. Blooms Taxonomy is a convenient way to describe the degree to which we want our students to understand and use concepts, to demonstrate particular skills, and t o have their values, attitudes, and interests affected. It is critical that we determine the levels of student expertise that we are expecting our students to achieve because this will determine which classroom assessment techniques are most appropriate for the course. Though the most common form of classroom assessment used in introductory college coursesmultiple choice testsmight be quite adequate for assessing knowledge and comprehension (levels 1 and 2, Table 1), this type of assessment often falls short when we want to assess our students knowledge at the higher levels of synthesis and evaluation (levels 5 and 6).4 Multiple-choice tests also rarely provide information about achievement of skills-based goals. Similarly, traditional course evaluations, a technique commonly used for affective assessment, do not generally provide useful information about changes in student values, attitudes, and interests. Thus, commonly used assessment techniques, while perhaps providing a means for assigning grades, often do not provide us (or our students) with useful feedback for determining whether students are attaining our course goals. Usually, this is due to a combination of not having formalized goals to begin with, not having translated those goals into outcomes that are measurable, and not using assessment techniques capable of measuring expected student outcomes given the levels of expertise required to achieve them. Using the CIA model of course development, we can ensure that our curriculum, instructional methods, and classroom assessment  techniques are properly aligned with course goals. Note that Blooms Taxonomy need not be applied exclusively after course goals have been defined. Indeed, Blooms Taxonomy and the words associated with its different categories can help in the goals-defining process itself. Thus, Blooms Taxonomy can be used in an iterative fashion to first state and then refine course goals. Blooms Taxonomy can finally be used to identify which classroom assessment techniques are most appropriate for measuring these goals. Attachment: Blooms Taxonomy of Educational Objectives [PDF, 67 KB] Website: Field-tested Learning Assessment Guide (FLAG): Assessment Primer.

Saturday, September 21, 2019

Advantages And Disadvantages To Using Indexes Computer Science Essay

Advantages And Disadvantages To Using Indexes Computer Science Essay Put simply, database indexes help speed up retrieval of data. The other great benefit of indexes is that your server doesnt have to work as hard to get the data. They are much the same as book indexes, providing the database with quick jump points on where to find the full reference (or to find the database row). There are both advantages and disadvantages to using indexes,however. One disadvantage is they can take up quite a bit of space check a textbook or reference guide and youll see it takes quite a few pages to include those page references. Another disadvantage is using too many indexes can actually slow your database down. Thinking of a book again, imagine if every the, and or at was included in the index. That would stop the index being useful the index becomes as big as the text! On top of that, each time a page or database row is updated or removed, the reference or index also has to be updated. So indexes speed up finding data, but slow down inserting, updating or deleting data. Some fields are automatically indexed. A primary key or a field marked as unique for example an email address, a userid or a social security number are automatically indexed so the database can quickly check to make sure that youre not going to introduce bad data. So when should a database field be indexed? The general rule is anything that is used to limit the number of results youre trying to find. Its hard to generalise so well look at some specific but common examples. Note the database tables shown below are used as an example only and will not necessarily be the best setup for your particular needs. In a database table that looks like this: Note: The SQL code shown below works with both MySQL and PostgreSQL databases. CREATE TABLE subscribers ( subscriberid INT PRIMARY KEY, emailaddress VARCHAR(255), firstname VARCHAR(255), lastname VARCHAR(255) ); if we want to quickly find an email address, we create an index on the emailaddress field: CREATE INDEX subscriber_email ON subscribers(emailaddress); and any time we want to find an email address: SELECT firstname, lastname FROM subscribers WHERE emailaddress=[emailprotected]; it will be quite quick to find! Another reason for creating indexes is for tables that reference other tables. For example, in a CMS you might have a news table that looks something like this: CREATE TABLE newsitem ( newsid INT PRIMARY KEY, newstitle VARCHAR(255), newscontent TEXT, authorid INT, newsdate TIMESTAMP ); and another table for authors: CREATE TABLE authors ( authorid INT PRIMARY KEY, username VARCHAR(255), firstname VARCHAR(255), lastname VARCHAR(255) ); A query like this: SELECT newstitle, firstname, lastname FROM newsitem n, authors a WHERE n.authorid=a.authorid; will be take advantage of an index on the newsitem authorid: CREATE INDEX newsitem_authorid ON newsitem(authorid); This allows the database to very quickly match the records from the newsitem table to the authors table. In database terminology this is called a table join you should index any fields involved in a table join like this. Since the authorid in the authors table is a primary key, it is already indexed. The same goes for the newsid in the news table, so we dont need to look at those cases. On a side note, table aliases make things a lot easier to see whats happening. Using newsitem n and authors a means we dont have to write: SELECT newstitle, firstname, lastname FROM newsitem, authors WHERE newsitem.authorid=authors.authorid; for more complicated queries where more tables are referenced this can be extremely helpful and make things really easy to follow. In a more complicated example, a news item could exist in multiple categories, so in a design like this: CREATE TABLE newsitem ( newsid INT PRIMARY KEY, newstitle VARCHAR(255), newscontent TEXT, authorid INT, newsdate TIMESTAMP ); CREATE TABLE newsitem_categories ( newsid INT, categoryid INT ); CREATE TABLE categories ( categoryid INT PRIMARY KEY, categoryname VARCHAR(255) ); This query: SELECT n.newstitle, c.categoryname FROM categories c, newsitem_categories nc, newsitem n WHERE c.categoryid=nc.categoryid AND nc.newsid=n.newsid; will show all category names and newstitles for each category. To make this particular query fast we need to check we have an index on: newsitem newsid newsitem_categories newsid newsitem_categories categoryid categories categoryid Note: Because the newsitem newsid and the categories categoryid fields are primary keys, they already have indexes. We need to check there are indexes on the join table newsitem_categories This will do it: CREATE INDEX newscat_news ON newsitem_categories(newsid); CREATE INDEX newscat_cats ON newsitem_categories(categoryid); We could create an index like this: CREATE INDEX news_cats ON newsitem_categories(newsid, categoryid); However, doing this limits some ways the index can be used. A query against the table that uses both newsid and categoryid will be able to use this index. A query against the table that only gets the newsid will be able to use the index. A query against that table that only gets the categoryid will not be able to use the index. For a table like this: CREATE TABLE example ( a int, b int, c int ); With this index: CREATE INDEX example_index ON example(a,b,c); It will be used when you check against a. It will be used when you check against a and b. It will be used when you check against a, b and c. It will not be used if you check against b and c, or if you only check b or you only check c. It will be used when you check against a and c but only for the a column it wont be used to check the c column as well. A query against a OR b like this: SELECT a,b,c FROM example where a=1 OR b=2; Will only be able to use the index to check the a column as well it wont be able to use it to check the b column. Multi-column indexes have quite specific uses, so check their use carefully. Now that weve seen when we should use indexes, lets look at when we shouldnt use them. They can actually slow down your database (some databases may actually choose to ignore the index if theres no reason to use it). A table like this: CREATE TABLE news ( newsid INT PRIMARY KEY, newstitle VARCHAR(255), newscontent TEXT, active CHAR(1), featured CHAR(1), newsdate TIMESTAMP ); looks pretty standard. The active field tells us whether the news item is active and ready to be viewed on the site. So should we should create an index on this field for a query like this? SELECT newsid, newstitle FROM news WHERE active=1; No, we shouldnt. If most of your content is live, this index will take up extra space and slow the query down because almost all of the fields match this criteria. Imagine 500 news items in the database with 495 being active. Its quicker to eliminate the ones that arent active than it is to list all of the active ones (if you do have an index on the active field, some databases will choose to ignore it anyway because it will slow the query down). The featured field tells us whether the news item should feature on the front page. S hould we index this field? Yes. Most of our content is not featured, so an index on the featured column will be quite useful. Other examples of when to index a field include if youre going to order by it in a query. To get the most recent news items, we do a query like this: SELECT newtitle, newscontent FROM news ORDER BY newsdate DESC; Creating an index on newsdate will allow the database to quickly sort the results so it can fetch the items in the right order. Indexing can be a bit tricky to get right, however there are tools available for each database to help you work out if its working as it should. Well there you have it my introduction to database indexes. Hopefully youve learned something from this article and can apply what youve learned to your own databases. This entry was posted in Programming. Bookmark the permalink. 22 Responses to Introduction to Database Indexes Jim says: February 17, 2006 at 7:13 am I think you need to be a bit more the reader knows absolutly nothing when describing the table joins. You lost me for a bit there. Perhaps a better step by step hand holding example would be better. [ Editors note: Sure thing. Ill see what I can come up with for next month! If youre desperate for information and cant wait drop me a line chris at interspire dot com and Ill explain it further ] Reply khani says: May 14, 2006 at 3:55 pm Good effort chris, You ve described Indexes in a simple way. Reply VRS says: May 24, 2006 at 1:32 pm Good article.Do include some explanation on clustered and non clustered indexes. Reply Vivek says: July 13, 2006 at 3:25 am Good article. Helped a lot in understading the basics of indexing. Thanks Reply Unknown says: October 11, 2006 at 8:43 pm Good article man. I really appretiate your effort. Reply Ayaz says: November 14, 2006 at 9:22 am Good article to understand indexes for a beginner. Reply Debiz says: November 27, 2006 at 5:21 pm Very well written and simply explained for those looking for a basic overview Reply Nand says: December 14, 2006 at 11:46 am Good article, felt like walking over the bridge on a gorge. Can u pl. explain drawbacks of using index also. [ Chris note The main drawback is that every insert, update or delete has to change the index as well. If you have a lot of indexes, that adds a lot of overhead to the operation. ] Reply Myo says: December 19, 2006 at 11:56 pm Very easy to understand and gives examples with different situations to demonstrate when and where we should use indexes and why. Thanks man! Reply John Lowe says: March 14, 2007 at 2:57 am A quick a useful reminder to what idexes are all about, thanks. Reply Shravanti says: June 26, 2007 at 3:11 am Good Introduction to Indexes. It would also be valuable to have information on how do indexes work on OLAP side of a Data Warehouse. Reply Harsha says: August 13, 2007 at 11:21 pm crisp tutorial.. good work Reply krish says: September 24, 2007 at 2:44 am Really very nice explanation Reply Alagesan says: October 10, 2007 at 11:33 pm This is a great article to learn indexing for beginners I really appreciate your efforts and good will in explaining them in words here.Thanks! Reply Heather says: October 12, 2007 at 8:23 am This was a great explanation of indexes for me I am self-taught when it comes to databases so the language in this tutorial was very easy for me to understand. Also, you used great examples to help explain your information. THANKS! Reply Jess Duckin says: October 28, 2007 at 4:58 am The explaination on the usage of indexing is very helpful Reply Mayur says: October 29, 2007 at 1:56 pm Thank you very much, a really informative tutorialfor me it was a 100% match to what I was looking for. Thanks Reply satish soni says: January 11, 2008 at 7:17 am Great article on indexes even oracle has not provided that much knowledge about indexes Reply Shweta says: January 11, 2008 at 4:25 pm Good. Just the overview i needed. Reply Hemant Jirange says: January 17, 2008 at 3:39 am Great articlethis is very simple to understand whole disadvantages about index Reply ramesh says: January 18, 2008 at 2:26 am impossible.even wikipedi couldnt match your tutorial on this topicthank uuuuuuuuuuuuuuu very much Reply Ravi says: September 12, 2008 at 5:57 am thanks Chris, was an easy read for a database novice. I look forward to seeing the next chapter Reply Leave a Reply Name (required) Mail (will not be published) (required) Website Home | Email Marketing | Shopping Cart | Knowledge Management Software | Content Management Software | Ecommerce Software | Sell Products Online | Our Guarantee | Privacy Policy Copyright 1999-2010 Interspire Pty. Ltd. ACN: 107 422 631

Friday, September 20, 2019

Mary Jane: The Devil Weed :: essays research papers fc

Mary Jane: The Devil Weed ABSTRACT: This paper, entitled "Mary Jane: The Devil Weed?" attempts to examine what we know about marijuana and what problems are associated with its use. The paper examines briefly the history of marijuana legislation, marijuana's known effects, and conclusions about its danger. Early in this century, the government waged a war of terrorism on marijuana, or cannabis sativa. "By 1937, forty-six states had laws against the use of marijuana, and its use had already been made a criminal offense under federal law" (Jaffe, 659). Andrews pointed out that "not until some time in the early 1930s did the Louisianna legislature pass a state regulation making use of the drug illegal" (5). Jaffe noted that "since the early 1900s, marifuana has been considered the one drug that might introduce the susceptible to hard drugs." Jaffe pointed out that "since about 1950.... smoking of marijuana has been linked statistically to the use of other illicit drugs....Most observers have concluded that the link is sociological rather than biological and...marijuana is a marker for individuals who are more prone to seek new experiences even when these violate social norms and local laws." Andrews related that "sensational newspaper stories relating...to crime is generally held to be accountable for the sudden enactment of a law prohibiting its use." He went on to note that "users were often subject to heavy penalties- -up to life imprisonment in Texas." "After caffeine, nicotine and alcohol, marijuana is the fourth most popular abused substance" (O'Brien, Cohen, Evans, and Fine, 175). does marijuana deserve this reputation? We must first consider what it is and what effects it has. The active ingredient is tetrahydocannabinol, or THC (Andrews). THC, found only in the female plant, produces a mild euphoric effect. Marijuana is considered a hallucinogen, a Schedule 1 drup, under the Controlled Substances Act of 1970 (O'Brien, Cohen, Evans, and Fine, 177). A Schedule 1 drug means there is no known medical use. Recently "a new drug application was approved for THC (Marinol) to be used therapeutically for control of nausea and vomiting associated with cancer chemotherapy" (Jaffe, 663). This moved THC from Schedule 1 to 2 (medical use despite potential for abuse). How dangerous is marijuana? Jaffe notes that "any performance test shows impairment....although no distinctive biochemical changes have been found in humans." Andrews writes, "Physical effects of marijuana use is probably the major question....The answer? None." O'Brien, Cohen, Evans, and Fine, reported that the National Institute on Drug Abuse found, "Marijunan now available is five to 10 times more potent than it was a half dozen years ago" (178). While these statements may not sound conclusive, the Institute of Medicine, according

Thursday, September 19, 2019

Small and Medium-Sized Enterprises Essay -- International Development

INTRODUCTION 1.1 Introduction Small and medium-sized enterprises (SMEs) have been identified as one of the growth engines for various countries in the world, since SMEs make up over 90 percent of all enterprises. For instance, United States, 99.7 per cent (Heneman, Tansky, & Camp, 2000), China, 99 per cent (Cunningham & Rowley, 2008), Europe, 99 per cent (Andreas Rauch & Frese, 2000), Holland, 95 per cent, Philippines, 95 per cent and Taiwan, 96.5 per cent (C. Y.-Y. Lin, 1998) as well as Malaysia, 99.2 per cent (Man & Wafa, 2007; National SME Development Council (NSDC), 2009; Saleh & Ndubisi, 2006). The figures above show that countries all over the world recognized SMEs as a key business sector. Besides, Asia-Pacific Economic Cooperation (APEC) (2002) pointed out that SMEs are deemed as a supporter to larger enterprises as well as an important foundation in expanding business activities and sustaining economic growth. SMEs even provide more jobs than large companies (APEC, 2002; Department of Statistics Malaysi a (DOSM), 2007; NSDC, 2009). In sum, SMEs play a vital role and contribute to the economy and are likely to be increasingly important as the economy becomes more global. In Malaysia, SMEs are considered as the backbone of industrial development (NSDC, 2009) and give meaningful contributions to the national economy. Hashim (2010) stated that SMEs play a significant role in generating more employment, economic outputs, income generation, export capabilities, training, encouraging competition, innovation and promoting entrepreneurship and supporting the large-scale industries (LSIs) as well. Moreover, Jaswant Singh, Malaysian Industrial Development Authority director in Australia (MIDA Australia), informed that the grow... ...t improve efficiency and effectiveness (J. Barney, 1991; Wernerfelt, 1984). However, in examining other variables, researchers found a significant relationship between HRM practices (Jimenez-Jimenez & Sanz-Valle, 2008; Nasution, Mavondo, Matanda, & Ndubisi, 2010) and EO (Nasution et al., 2010) towards organizational innovation. Other studies also found that there is an inconclusive result on the relationship between organizational innovation and organizational performance (Rosenbusch, Brinckmann, & Bausch, 2010). These findings propose that potential researchers could study the mediating effect of organizational innovation on the relationship between HRM practices, EO and organizational performance. It is also suggesting that, there also have a moderator effect (managerial ties) on the relationship between organizational innovation and organizational performance.

Wednesday, September 18, 2019

Brave New World - Happiness :: essays research papers

With reference to the text, discuss Mustafa Mond’s statement: â€Å" The secret to happiness is liking what you have to do.† Mustafa Mond is presented to us as one of the Ten World Controllers in Brave New World, of that Utopian, communal and stabilized world, set six hundred years into future. This new world that contradicts the world we live in today, eliminated the Freedoms that we depend on: the freedom of choice, the freedom of thought, religion and being. They have chosen to condition their individuals in baby factories in order to ensure identity, community and stability. The fundamental tenet behind the conditioning is utilitarianism, which describes a society that seeks to create maximum happiness. Those who are happy are thought to be efficient and beneficial to society. Mond’s statement: â€Å"The secret to happiness is liking what you have to do,† applies to his ‘conditioned’ world, with abolished Freedoms, but it does not apply to the world we live in today. Huxley shows how "identity" is established in the Conditioning Centre through the selection of the embryos into each of five groups. All the individuals in Brave New World have their identity predestined by someone else. This promotes stability by creating a group of workers whose preferences are moulded by the state. I cannot concur with this idea of ‘puppet creation’ where people can be depicted as puppets and the state can be said to be their puppet master who has a right to choose their character roles. In our society, this goes against the freedom of being and becoming someone you wish to be. Mr Foster addresses the students about Epsilons and mentions, â€Å"We condition them to thrive on heat,† (p. 31). This can explain why they are predestined to like warm temperatures and why they emigrate to tropics to become miners and steel workers and in that way benefit the society. I should mention that I do not agree with their idea that one should be conditioned to be happy with what they are doing or to perform the task correctly. In today’s society, one may notice that there are people who grew up near coalmines and without anyone forcing them to work, they still feel like they should dedicate themselves to a miner’s duty. They might have been born into a miner’s family and upon their own will, might decide to follow their family’s footsteps.

Tuesday, September 17, 2019

Financial Sector Development Essay

ABSTRACT This paper is an attempt to examine the relationship between financial development and income inequality. In doing so, we have used Bangladeshi data for the period 1985-2006. We have employed auto-regressive distributed lag (ARDL) methodology for cointegration. We have also carried out sensitivity analysis and stability tests. Our findings suggest that financial development increases income inequality. Economic growth seems to equalize income distribution. Inflation and trade openness also worsen income inequality. Finally, income inequality is being increased by social spending in the country over long run. This study provides new directions for policy makers to reduce income inequality to share the fruits of economic development among the wider spectrum of the society. Keywords: Financial sector, development, trade openness, income inequality, Bangladesh JEL Classifications: D14, D33, F1 INTRODUCTION Economic growth and its correlates have been the focus of a large number of studies over the recent past. These studies primarily put emphasis on various aspects or sources of growth. One of the important correlates of economic growth that has been studied prominently is the extent of financial sector development. The positive and robust relationship between well-functioning financial system and economic growth is empirically a well established fact. Higher levels of financial development are significantly and robustly correlated with current and future rates of economic growth, physical capital accumulation, and improvements in economic efficiency (see, Khan, 2000; Goldsmith, 1969; McKinnon, 1973; Roubini and Sala-i-Martin, 1992; King and Levine, 1993; Easterly, 1993; Pagano and Volpin, 2001; Beck, Levine and Loayza, 2000; Khan and Senhadji, 2000; Christopoulos and Tsionas, 2004; Iqbal, et al., 2006; Khan, Qayyum and Skiekh, 2005 and Shahbaz, 2009). It is argued that capital market improvements benefit the rich more than the poor and hence contribute to increase income inequality. The main reason is that rich individuals have more potential than the poor ones to exploit new opportunities. It is also believed that the access of the poor to bank credits may be impeded because of the high cost involved therein, and, as such, financial development may be regressive for the poor, particularly at the initial stages of development (Greenwood and Jovanovic, 1990). The financial sector charges high set up cost against financial services during early periods of development to gain advantages from the screening and risk pooling. This cost is beyond the affordability of the poor people. As they are not in a position to use their savings for this outlay which pushes them further below in the income inequality trap (Clarke et al., 2003; Dollar and Kraay, 2003; Beck, Demirguc-Kunt and Levine, 2004). Financial market imperfections such as financial asymmetries, transaction costs, and contract enforcement costs may be especially binding for poor entrepreneurs who lack collateral, credit histories, and connections. These credit constraints will impede the flow of capital to poor individuals with high-return projects (Banerjee and Newman, 1993; Galor and Zeira, 1993), thereby reducing the efficiency of capital allocation and intensifying income distribution (Greenwood and Jovanovic, 1990; Banerjee and Newman, 1993 and, Aghion and Bolton, 1998). The relationship between financial development and reductions in income inequality is not only a correlation, but also a causal relationship. The positive relationship between private credit and economic growth for the poor might be driven by higher demand for financial services as the poor constitute a larger share in national income. Similarly, reduction in income inequality might lead to political pressure to create a more efficient financial system that allocates the funds to the projects based on market criteria, not on political considerations. No particular study has determined whether financial sector development benefits the whole population, primarily benefits the rich, or disproportionately helps the poor (Honohan, 2004; Beck et al. 2004; Claessens and Perotti, 2007 and Bittencourt, 2006). But in the case of Pakistan, Shahbaz (2009) documents that financial development, improves agriculture and manufacturing sectors and investment activities improve the incomes of bottom 20% of the population. The rest variables such as economic growth, financial instability, increase in prices, and overall high income inequality lower the income share of the poor from national income. The issue on the nature of relationship between financial development and income inequality has been discussed in many studies using few control variables with traditional estimation techniques such as Ordinary Least Squares (OLS). For instance, Dollar and Kraay, (2003) found that more trade would lead to improve income distribution, whereas higher inflation, higher government consumption and financial development would lead to higher income inequality. The specification of Li and Zou, (2002) is similar to the one in Barro, (2000) with the level of the gini coefficient as a dependant variable and control variables including inflation, financial development, government spending and openness. Their results suggest that higher inflation leads to lower income inequality, whereas higher government spending, an improved financial sector and better education abate it. Calderà ³n and Serven, (2003) find that financial depth increases income inequality while better education decreases it. Finally, the findings of Lopez, (2004) are based on the estimation of a dynamic panel with fixed effects for the change in the gini coefficient. The results suggest that improvements in education and lower inflation rates reduces the levels of income inequality, while financial development, trade openness, and reduction in government size will be associated with an increase in income inequality. Lopez also finds that economic policies are likely to be pro-poor in the long-run (i.e., the growth effects offset the increase in inequality) but might also lead to a temporary short-run increase in income inequality in the absence of compensatory measures. The effect of financial development is, however, not very large and is dominated by agricultural factors and other sectoral factors (Kakwani and Pernia, 2000; Khan and Senhadji, 2000; Christopoulos and Tsionas, 2004). With the development of a financial system, the capacity to bear the high costs of small credits (Rajan and Zingales 2003) increases. Moreover, the growth of a formal financial system makes poor people more accessible to informal credit that offers opportunities for profitable investments. Finally, in a framework of competitive markets of goods and production factors, credit may improve the well-being of the poor, even if they do not directly receive the loans from financial institutions (Beck et al. 2004)[1].. Finally, Ang (2008, 2009) scrutinizes the link between growth in financial sector and income distribution for the case of India. This paper indicates the important role of financial sector to decrease income disparity. It is documented that connection between financial development and income inequality exists and is significant. The results of this study show that financial development and increased banking density seem to improve income distribution by raising the income of the bottom 20 percent or the poor segments of the population. This study again provides support for linear relationship between finance and inequality. There is no space to validate Greenwood and Jovanovic (1990) hypothesis. Moreover, Ang (2009) probes an active link between financial liberalization and income disparity over the period of 1951 upto 2004 for the case of India. It may be noted on the basis of empirical evidence that financial reforms do not seem to provide any equal access to financial services and hence income discrimination has intensified in India. For the case of Brazil, Bittencourt (2006, 2009), has checked the effects of financial development on income disparity for the periods of 1980s and 1990s. The study uses time series and panel data approaches to examine the said nexus. The econometrical exercise indicates that financial development declines income inequality because easy access to financial services seems to increase income share of the bottom 20 percent of the population. Shahbaz (2009) also seems to investigate the impact of financial development, financial instability on the income of poor segments of population with the battery of other control variables such as economic growth, inflation, agriculture, and manufacturing shares to GDP for the case of a small emerging economy like Pakistan. The evidence proves the validation of McKinnon Conduit Effect in Pakistan. But, financial instability weakens the beneficial impact financial development on income share of the bottom 20 percent of the population. The main reason is that financial crisis seems to increase credit constraints for poor individuals. Furthermore, developments in agriculture and manufacturing sectors enhance the welfare of poor people by raising their incomes. Finally, study conducted by Shahbaz, (2010) indicates that financial development is associated significantly with equal income distribution. The estimate of economic growth is linked with high income inequality. The trade openness worsens income distribution and this provides the support to accept the Leontief Paradox for Pakistan. The income inequality is positively correlated with financial instability. The main objective of this endeavour is to investigate the relationship between financial development and income inequality in an Autoregressive Distributive Lag (ARDL) framework for Bangladesh utilising data over the period of 1985-2006. This attempt is the first of its kind for Bangladesh.

Monday, September 16, 2019

The Importance of Psycholinguistics in Education

THE IMPORTANCE OF PSYCHOLINGUISTICS IN EDUCATION A newborn baby always has the faculty of wonder . . . Psychology is the studies about human and mind. Psycholinguistics is the study about human and language which they acquire from a newborn baby, till they die. A newborn baby always has the faculty of wonder. That is how it is. If a newborn baby can talk, they will say something about what an extraordinary world it is. As the time goes by, they will acquire the language used by their mom. Children is using their language creatively, no one teaches them how to use the language.Why shall we put a verb after subject (in most language)? It is their nature to learn it. Language is a maturationally controlled behaviour. That is, there is a nature of language which we can learn language by our own, and nurture, in which someone teach us so. When individuals reach a crucial point in their maturation, they are biologically in state of readiness of learning the behaviour. Most of psycholinguis ts agree with these theory, but they still cannot agree with the term of innate.They cannot decide to what extent language ability is separate from other cognitive language. There is a study of the child language acquisition which is done by asking the parents write a diary, make a tape recordings, videotapes, or even controlled experiments. The studies show that child language is not just a degenerate from adult language. At each stage of development the child’s language conforms to a set of rules, a grammar. Although child grammar and adult grammars differ in certain respects, they also share many formal properties.Speaking about the norture of language by the children, it will be connected to the term of applied linguistics. Because here, in applied linguistics, we study about how parents’ language influences their children language. Such a low class parents with a straightforward sentences, middle class parents with the usual language, and high class parents with t heir indirect language. Psycholinguistics is very useful to help us, a teacher candidate, understanding our students in the class. That is, as us is an Indonesian, we shall learn more about Second language Acquisition by the children.

Sunday, September 15, 2019

Why Npv Is the Best Method for Project Appraisal

A rational capital budgeting functionality should answer two major questions. First is that, whether one particular project is a good one? Second, if we get more than one available project opportunities, but we should choose only one of them, which one should be that â€Å"one†? In real life we very frequently come across with question like whether to pick up a lump some payment of retirement account accumulated during years or receiving monthly retirement pensions until the rest of our life. In this case, NPV is the most appropriate answer out of two or three most widely used techniques in capital decision making.While doing so we also should keep in mind two major features of NPV: 1) in monetary terms, NPV is the difference between today’s market value of the investment and its original cost. 2) a financial manager should always act on behalf of the interests of shareholders through distinguishing and picking up projects with positive NPV, since it’s very clear that the ultimate target of any investment is the maximization of owners’ wealth. Another major characteristic of NPV is that they cannot be straightforwardly originated in the market, so they need to be estimated.Since there’s always the possibility of a poor estimation, financial managers need to use a number of other criterions for project evaluation for additional information regarding whether or not an investment has a positive NPV indeed. (fundamentals corporate finance) Internal rate of return and payback period are the major evaluation tools used by supervisors as an alternative to NPV. It might be feasible to use mentioned methods during evaluation process as well, however each of these methods has very significant shortcomings.For example: Major drawback of IRR is that it states the result in terms of percentage rather than through monetary amounts (variances in scale). Comparison through only percentage results while considering the overall purpose of maxim ization of shareholders’ wealth can be a misleading approach during evaluating investments. (Atrill/McLnaey) Then when assessing mutually exclusive projects IRR rule can lead to an incorrect decision making, due to its reinvestment assumptions. The assumption of reinvestment of proceeds derived from the project supports the consideration of superiority of NPV over IRR.According to the assumption if NPV is accepted then the cash flows derived from the project could be reinvested maximum as the cost of capital. But IRR assumes that all cash flows from the investment can be reinvested with the same IRR of the original project. Theory states that, a firm should take all projects which a return that exceeds the cost of capital but any other available funds could only be reinvested at the cost of capital and this assumption is consistent with NPV approach mentioned. drury) Major shortcomings of payback period can be concluded as 1) ignorance of cash flows beyond the payback period, 2) its failure to contribute to the owners’ wealth while it underlines taking projects that recover original costs most quickly and 3) its ignorance of time factor. For instance: If one borrows a student loan which has a payback period of 13 years, the full amount of the loan is due 13 years after the first payment, which occurs on an agreed-upon date. Over the course of the payback period, a borrower must either pay back the loan with his own finance take out a different loan to pay off the first.As a conclusion I would like to stress that, during project evaluation two essential facts should be considered thorugh a well-grounded method of assessment. The first one is the rule â€Å"cash is the king† (cash can be invested anyway or another when it’s available) and the second one is the time value of money. This suports the fact that the money is to be invested immediately where it could result in capital gain and. Then since purchasing power diminishes year by year due, the most correct method of the capital budgeting is the one that combines both the risk,inflation and time factors such as NPV. (management acc for business decisions)

Saturday, September 14, 2019

New Baby

New Baby The day my niece, Hailey, was born was probably the most exciting day of my life. Being nine years old, the youngest of four, and knowing my mom wasn’t going to have any more kids I felt as if I was gaining a sister instead of a niece. I had been continuously asking my mom for a baby sister and the answer I received was always a no. It was a Sunday afternoon when my sister decided to sit the whole family down and make her big announcement. We could all tell she was nervous to say whatever it was she was going to say.The look on her face and the way she was twiddling with fingers let us know that whatever she had to say was going to be a huge deal. It took her a few minutes to finally muster up the courage to get out what she had to say, but when she revealed to our family that she was expecting, I, unlike my parents, was ecstatic! Everyone else just looked at her in disbelief, while I on the other hand looked at her with a giant smile on my face. Immediately, the firs t words that came out of my mouth was, â€Å"Is it a boy or girl?! † hoping she said a girl of course.She looked at me confused, as if she was expecting me to be upset that there was going to be a baby coming into our house to steal my â€Å"baby of the family† shine. That didn’t matter to me though; I just wanted someone to play with and to teach things to. I mean, I had older siblings to play with but the chances of playing dolls or kitchen with my older brothers was usually slim to none. As for my sister, well she’s ten years older than me, so there wasn’t much hope there either. I was already imagining all the stuff we could do.We would play dolls and house together, we’d play in the tree house in the backyard, we’d make forts out of blankets in the living room, there was just so many things that I wanted to play but would end up doing alone. There wasn’t much anyone else said, beside the forced-like â€Å"Congratulations. † My parents didn’t say much at all, they weren’t thrilled at the idea of my sister having a child at eighteen but they also didn’t yell at her because they knew it wasn’t going to change anything. Later that night my mom asked me, â€Å"So what do you think about what your sister told us earlier? â€Å"I’m so excited! † I replied, â€Å"I can’t wait to have someone to play with and do stuff with! † â€Å"You know you’re not going to get as much attention as you get now, right? † She told me. â€Å"We’re not going to be able to buy you very many toys anymore, your sister is going to need all the help she can get. † I have to admit hearing I wasn’t going to get any new toys was somewhat upsetting, but I got over it. All I wanted now was for my niece to arrive! As my sister grew bigger and bigger so did my excitement to finally see my baby niece.Nine months flew right by, and on February 15, 2002 my beautiful niece was born. Unfortunately I wasn’t allowed to go to the hospital when she was born, not only because I was too young but also because it was late at night, but I couldn’t sleep regardless. I was so anxious for my sister to come home with the baby; there was just no way I was going to sleep. I waited in the living room, hoping that someone would walk in through the front door. Finally, I see my parents come in and I run right past them wanting to make sure my sister was walking in with the baby behind them. To my disappointment she wasn’t.I turned around to ask my parents where she was but before I could say anything my mom smiled and said to me, â€Å"You’re sister is still at the hospital with the baby. She named her Hailey Hannah. † â€Å"Hailey Hannah. † I repeated, â€Å"I love it! † After that, my parents sent me off to bed but I still couldn’t sleep. I kept repeating Hailey’s name in my h ead, I even imagined myself telling everyone at school! â€Å"Hi Coach, I have a niece now. Her name is Hailey Hannah! Hey Summer I’m an aunt now, and my niece’s name is Hailey Hannah! Good Morning Mrs. Adams, my sister had a baby and her name is Hailey Hannah! † I loved it!I wanted to let everyone know that I had just become an aunt! I vowed to myself that I would be the best aunt I could be. I would play with her, help her with whatever she needed, look after her, protect her, and anything else I need to do to make her safe and happy. The next day the whole family woke up bright and early to go visit my sister and Hailey at the Hospital. I couldn’t wait! The anticipation was building as we walked into the hospital and walked towards the room where they were also waiting to see us all. As soon as I walked in the door, I saw my sister lying in bed holding my newborn niece.My heart was telling me to run towards them, jump on the bed, and lay there with the m both. My mind told me different. After all I didn’t want to be the first in the family to make her cry! So I kept calm, and walked over to them with the biggest smile that has ever been on my face. As I touched her soft little head she opened her eyes, looked up at me, and slightly smiled. It made me laugh because it made me think that she was just as happy to see me as I was I to see her. Now my Hailey is about to turn ten, and she is definitely my best friend and it really feels as if she’ is my little sister.She has grown so much and so fast that it’s hard to believe how much time has passed. I was there when she took her first bath, took her first steps, got her first haircut, and lost her first tooth. I’ve watched her dance at her dance recitals; I’ve cheered her on at her soccer games, and supported her when she sang with the choir at her elementary school. I’ve learned so much about myself from being with Hailey that I think sheâ₠¬â„¢s the reason why I love being around children so much and that I’ve chosen to major in Education in College. It’s safe to say that becoming an aunt is definitely the greatest event of my life.

Friday, September 13, 2019

Personal account Essay Example | Topics and Well Written Essays - 1000 words

Personal account - Essay Example r diversion from an existing stream of study will mean a turning point in life, because the career and the prospective life is normally based on the fruitfulness of the change we adopt in the final stages of education. Just like anyone else, I also have something to tell about the turning point that came into my life, and I would like to describe the same thing in this essay. I was pursuing my studies in medical sciences as a disciplined student. There were reasons for my self -imposed discipline; and first of it was due to my scholastic merit that I got admission in the university. Secondly, my parents were so ambitious about my becoming a doctor. Each day I woke to incomplete portions of academics as anyone else, but the lapses occurring in my studies were thought-provoking, and I used to feel guilty of scoring less. I realized that I was gradually becoming weak to compensate the huge expectations set on me by parents. The transformation of my attitudes towards doctors started taking place on one of those days. It was the beginning of a summer that we were assigned community visits as part of our curriculum. We were divided into groups of five students headed by a doctor. The work was visiting homes of people living in remote villages for observing symptoms of epidemics and creating awareness about the precautions for a few imminent seasonal diseases. I had already prepared to practice the theoretical knowledge and the experimental approaches set for the visit. In books, we were always taught to see human beings as patients and subjects of our case study. The village welcomed us with a series of sights which touched my heart. Children were clad in rags, and old people were almost naked for the essential pieces of clothes they had were too small for them. Young men and women seemed too weak to carry on their daily work. I found it was never possible to compare the living standards of urban people with those of their counterparts in the villages. It was always

Thursday, September 12, 2019

SAM 340 UNIT 6 Essay Example | Topics and Well Written Essays - 500 words

SAM 340 UNIT 6 - Essay Example There are sports like indoor and outdoor games. The indoor games don’t require any open place. But to play outdoor games there are certain criteria that we need to consider and have the playground. This forms an integral part. There are games such as football, baseball, tennis that needs the ground which is formed with certain measurements. This can be in regards to the school playground. It can be about the open place that we consider for playing. To make it function successfully we need the open place that can be useful for sporting event. The word stadium is arrived from the Greek term stade and it relates to the site or the place for Olympic style competition. It’s also called forum, live theater. There are tournaments that are arranged in the stadiums and there are spectators who come and watch the play with lots of enthusiasm. The facility management has to provide the spectators with safe and joyful experience. There are various factors that have to be taken care and worked upon. In the olden days the stadiums were constructed by the team owners with the intention to provide facilities to their own team members. Gradually, it couldn’t give them the profit and were not able to provide the amenities that are required. The annoyance of the fans is some of the critical issues that have to be dealt with proper facility. By 1960’s Arena construction came into existence which had modern facilities. They lease it with the team owners .There were intercollegiate competitions that were held. One of the games that has been given importance and has been included in the sporting competition status is the kickboxing. It is various forms of martial arts .It is a Japanese game with traditional styles, that originated in the year 1960’s.American Kickboxing came into existence by 1970’s.It involves punching and kicking .It is liked by most of them. There is no international governing body for this particular

Wednesday, September 11, 2019

Alternative Recruitment Methods in HR Practice Essay

Alternative Recruitment Methods in HR Practice - Essay Example References Carlson, K.D, Connerley, M.L and Mecham, RL. 2002. Recruitment evaluation: The case for assessing the quality of applicants attracted. Personnel Psychology. 55(2): 461-490. Taylor, S. 2005. People resourcing. 3rd ed. London: CIPD Publishing. 2. Why do employers persist with the selection interview when more accurate alternatives are available? Selection interviews are the most widely used methods of selection because of the clarity and simplicity as well as cost-effectiveness. Most organisations do not opt for alternative selection procedures because of their complexity in interpretation as well as costs; usage of alternative methods requires training for the managers or selectors whereas the traditional methods do not require any special training other than understanding the job requirements and matching them with the candidates’ skills. However, research indicates minimal or no correlation between future job performance and selection interview (Lunenburg, 2010). I nterviewers do not bother to test the effectiveness of selection interviews. Moreover, managers’ perception of their intuitive abilities rule over structured interview testing; managers tend to have strong belief in their judgmental abilities. Managers believe that selection interviews help to assess the candidates in a variety of situations, which also provides a comprehensive idea of the candidate and his/her fit to the job. Selection interviews do provide opportunities for manipulating the answers by the candidates. Besides these, selection interviews highlight certain skills that may or may not be relevant to the job requirements. Such skills include intangible characteristics such as candidate’s confidence, speaking abilities, positive attitude, presentation, and... Selection interviews are the most widely used methods of selection because of the clarity and simplicity as well as cost-effectiveness. Most organisations do not opt for alternative selection procedures because of their complexity in interpretation as well as costs; usage of alternative methods requires training for the managers or selectors whereas the traditional methods do not require any special training other than understanding the job requirements and matching them with the candidates’ skills. However, research indicates minimal or no correlation between future job performance and selection interview (Lunenburg, 2010). Interviewers do not bother to test the effectiveness of selection interviews. Moreover, managers’ perception of their intuitive abilities rule over structured interview testing; managers tend to have strong belief in their judgmental abilities. Managers believe that selection interviews help to assess the candidates in a variety of situations, which also provides a comprehensive idea of the candidate and his/her fit to the job. Selection interviews do provide opportunities for manipulating the answers by the candidates. Besides these, selection interviews highlight certain skills that may or may not be relevant to the job requirements. Such skills include intangible characteristics such as candidate’s confidence, speaking abilities, positive attitude, presentation, and enthusiasm. Many organisations have understood the drawbacks of selection interviews.

Tuesday, September 10, 2019

A written analysis of an ethical dilemma in health care ethics Essay - 1

A written analysis of an ethical dilemma in health care ethics - Essay Example Other organisations have chosen to implement a set of guidelines—used to help individual employees make a choice when faced with an ethical dilemma. The health care industry is one such organisation that tries to balance individual thought and critical thinking decision-making skills with ethical guidelines set forth via laws, regulations, and company policies. Every person, regardless of his or her chosen career or lifestyle, will eventually be forced to make a decision in an ethical dilemma. This dilemma may be as simple as whether or not to tell a friend that he or she may be getting laid off from work or as difficult as deciding whether or not a person has the sense and capability of making a decision on his or her own regarding healthcare and treatment. Doctors often face scenarios such as these often. Generally, doctors can turn to laws and legal documentation regarding how to proceed with a course of action. For example, if a woman were to go to a hospital with an extreme case of preeclampsia: do the doctors work to save her life and the life of her child, or do they respect the patient’s wishes to be left alone. In this particular scenario, several people are involved in the decision-making process; and several others hold stakes in the results of the decision once made. First, the mother has already been informed that without a caesarean, she will die. Additionally, without allowing the doctors to perform the caesarean, the mother has been informed that her baby will also die. The third group of stakeholders in this scenario is the doctors treating Mrs. M. The Doctors face the difficult decision of forcing Mrs. M to endure a terrifying and difficult procedure, or allowing Mrs. M to make a choice that may kill both herself and her baby. Preeclampsia, sometimes called toxaemia, affects nearly five percent of all pregnancies throughout the world (Cleveland Clinic 2007); this disorder is â€Å"one of the leading causes of premature

TLMT312 WEEK 4 FORUM Assignment Example | Topics and Well Written Essays - 250 words

TLMT312 WEEK 4 FORUM - Assignment Example There is a distinction between rates and rating. Rate is the price per hundred weights to move an individual product between two locations. It is listed on pricing sheets or tariffs. Various products in different classes are charged different rates. Rate is determined by weight and size of the product. Rating involves determining the appropriate, legal, economical rates and routes for the transportation of foreign and domestic freight through any or all modes of transportation. These determinations are made according to published classification, tariff, and tariff routings. Rating also includes development of narratives and exhibit materials and similar information to be used by others to negotiate and requested rates. In addition, it may also include preparation of materials concerning rate matters in cases to be presented to representatives of the carriers, regulatory bodies, and the courts. The goal of the assessment is to establish the appropriateness of classification, routes, rates and carriers’ actions (Gianpaolo & Laporte, 2004). Classification and rate depend on the grade. Rating determines the appropriateness of classification and rates. Once products are shipped they must be classified for various reasons. Classification helps to determine the rates for each

Monday, September 9, 2019

The First and Second World Wars Essay Example | Topics and Well Written Essays - 1000 words

The First and Second World Wars - Essay Example The French stance acted only as humiliation to Germany in many ways rather than creating a comity of the European States. The Treaty of Versailles which was viewed as a step towards stability in the international system became one of the underlying reasons for the Second World War. Peace was attained, but irrefragably for a short-term only. In contrast to the French response, the United States reaction after the Second World War was sangfroid to a greater extend. The American demands had very long-term results. Though it can be stated that both nations aimed to create a secure and war free enviromnent, the US was far more successful in this course, keeping Germany under check without deprivation of dignity. As France chaired the peace conference after World War I, it viewed Germany as the country responsible for the war and the destructions caused by it. The Treaty of Versailles was therefore advanced as a punishment to Germany. The Germans signed the treaty but proposed some adjustments. Although Germany never admitted a defeat, the humiliation caused to it because of the treaty and the strong urge to escape such bonds lead to the reasons of settling scores. The tactic France was using to establish peace, or its effort to strip Germany off, of any military power it had left to act against France in the future, did not succeed in the manner the French wanted. Keynes and the other critics of his likes were eager to criticize the treaty and the policies it laid down against Germany, still Clemenceau and many other French wanted a deliberate imposition of such policies to deform Germany of any sort of political, economic and military influences. The justifications France gave were that of the economic reconstruction. Despite any efforts, even if not pointed towards the right direction, to maintain peace, equilibrium of power within the nations was again disturbed and thus came the rise of the Nazis, lead by Hitler. It is deemed that the work of the British writer Keynes had provided German supporters all the arguments they needed against the reconstruction efforts of the Versailles Treaty. Justifications were passed out by the Germans that they should not have to pay for anything. And eventually came the Second World War. The United States Congress was uncomfortable with the Treaty of Versailles and did not approve it. They were of the opinion that the vindictive attitude of the French would eventually cause the Germans to react in aggressive manner, which ultimately they did. The Second World War is the largest and the most violent war in the history of humankind. During the war, the United States was in a far better strategic position, being a powerful state. By the end of war, the United States and the USSR inclined as two greatest powers of the world. Again, the misbalance in the equilibrium of power resulted in the great Cold War era. After the Second War, Marshall Plan was introduced as part of the European Recovery Program. Unlike the Treaty of Versailles, Marshall Plan was able to adopt a more justified approach in the distribution of resources. The United States was in a far better position than the French ever were after the first war. It was not only able to provide Europe with a secure reform plan, but also gained trust of the Europeans without taking material advantages of the situation. The United