Earned Value Management in Multi-Projects and Programmes Essay

Earned Value Management in Multi-Projects and Programmes - Essay Example The paper will analyse earned value management by discussing three major objectives. The first will be describing the most important factors that should be considered when monitoring and controlling programs and multi-projects. The other will be to explain the advantages of implementing Earned value management for these programs and multi-projects. Finally yet importantly will be to establish the significance of earned value management data accuracy. There are five major factors that are considered by an earned value management technique. The first is organisation: It involves creating a work breakdown structure (WBS). The WBS is supposed to detail down all activities, to describe the task to be carried out, and the relationship it has to the products that can be delivered (Humphreys & Visitacion, 2009). In organisation, there is also the OBS, which refers to the organization breakdown structure. It is responsible for identifying the person in charge of the work effort described by the WBS. Both the WBS and the OBS define a control account. It means that at this level is where the key management control point is found. Planning, budgeting, and scheduling makes up the second group that an earned value management considers. An integrated schedule is what creates the contractors map to meet their objectives in a program of multi-project they are responsible for (Humphreys & Visitacion, 2009). The schedule has to be loaded with resources so that it can determine an effective budget as scheduled. The total budget created for every task, control account, or the whole project is known as the budget at complete (BAC). Management reserve (MR) is a backup of the total project amount that is incorporated to take care of the uncertainties that may occur, such as risks. Work should only begin when a formal work authorization has been offered. The disciplined approach clearly defines

Organazation design module Research Paper Example | Topics and Well Written Essays - 750 words - 1

Organazation design module - Research Paper Example This has not only improved the management, but it has also increased the revenue that has in turn created skilled labor based on special facts, skills and proficiency portrayed by the staffs being promoted as supported by fig. 1. Chipotle is one of the world fastest growing food companies with improved in revenue. Chipotle is a limited cafà © without a franchised system thereby allowing for its great synergy across the company. Synergies are gains that have effect when employees and departments systematize their work. From the data as of April 2011, Chipotle has about 1096 cafà © situated in key areas around the world including in the United States, France, London, Canada, Milan, Paris, Munich, and Ontario among others. In spite of its position around the world, Chipotle has achieved a lot in terms of business due to its organized management and organization in its operations that has been supported through implementing fig 5 order of organizational management. Chipotle has exceptional food tradition that provides the best ingredients in the fast food competitive market. Notably, specific Chipotle personalities have been key figures in its success. For instance, Steve Ells and Monty Moran-Chipotle Mexican Grill, CEO, have steadily improved the company’s income by investing in their staff by applying the principles defined in fig 2 below. Application of the same principles has made Chipotle to record increased revenues through increased investments and steady inflow of customers. Additionally, the company has the same employment prospect that give opportunity to all citizens in spite of their race, gender, country of origin, age, religion, or disabilities. Nonetheless, Ells and Moran boasts of tactical human resource management model that has helped Chipotle grow up from within. This is the model by which managers devise the workings of an HRM model to be dependable with each other and with other essentials of organizational design. Moreover, employees

Economic Indicators of The Great Depression

Economic Indicators of The Great Depression 1. Start of the Great Depression The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s.[1] It was the longest, most widespread, and deepest depression of the 20th century. In the 21st century, the Great Depression is commonly used as an example of how far the worlds economy can decline. The depression originated in the U.S., starting with the fall in stock prices that began around September 4, 1929 and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday). From there, it quickly spread to almost every country in the world. The Great Depression had devastating effects in virtually every country, rich and poor. Personal income, tax revenue, profits and prices dropped while international trade plunged by  ½ to â…”. Unemployment in the U.S. rose to 25% and in some countries rose as high as 33%. Cities all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by approximately 60%. Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as cash cropping, mining and logging suffered the most. Some economies started to recover by the mid-1930s. However, in many countries the negative effects of the Great Depression lasted until the start of World War II. 2. Causes and economic indicators There were multiple causes for the first downturn in 1929. These include the structural weaknesses and specific events that turned it into a major depression and the manner in which the downturn spread from country to country. In relation to the 1929 downturn, historians emphasize structural factors like massive bank failures and the stock market crash. In contrast, economists (such as Barry Eichengreen, Milton Friedman and Peter Temin) point to monetary factors such as actions by the US Federal Reserve that contracted the money supply, as well as Britains decision to return to the Gold Standard at pre-World War I parities (US$4.86: £1). Recessions and business cycles are thought to be a normal part of living in a world of inexact balances between supply and demand. What turns a normal recession or ordinary business cycle into an actual depression is a subject of much debate and concern. Scholars have not agreed on the exact causes and their relative importance. Moreover, the search for causes is closely connected to the issue of avoiding future depressions. Thus, the personal political and policy viewpoints of scholars greatly color their analysis of historic events occurring eight decades ago. An even larger question is whether the Great Depression was primarily a failure on the part of free markets or, alternately, a failure of government efforts to regulate interest rates, curtail widespread bank failures, and control the money supply. Those who believe in a larger economic role for the state believe that it was primarily a failure of free markets, while those who believe in a smaller role for the state believe that it was primarily a failure of government that compounded the problem. Current theories may be broadly classified into two main points of view and several heterodox points of view. First, there are demand-driven theories, most importantly Keynesian economics, but also including those who point to the breakdown of international trade, and Institutional economists who point to under consumption and over-investment (causing an economic bubble), malfeasance by bankers and industrialists, or incompetence by government officials. The consensus among demand-driven theories is that a large-scale loss of confidence led to a sudden reduction in consumption and investment spending. Once panic and deflation set in, many people believed they could avoid further losses by keeping clear of the markets. Holding money became profitable as prices dropped lower and a given amount of money bought ever more goods, exacerbating the drop in demand. Secondly, there are the monetarists, who believe that the Great Depression started as an ordinary recession, but that significant policy mistakes by monetary authorities (especially the Federal Reserve), caused a shrinking of the money supply which greatly exacerbated the economic situation, causing a recession to descend into the Great Depression. Related to this explanation are those who point to debt deflation causing those who borrow to owe ever more in real terms. Lastly, there are various heterodox theories that downplay or reject the explanations of the Keynesians and monetarists. For example, some new classical macroeconomists have argued that various labor market policies imposed at the start caused the length and severity of the Great Depression. The Austrian school of economics focuses on the macroeconomic effects of money supply, and how central banking decisions can lead to over-investment (economic bubble). The Marxist critique of political economy emphasizes the tendency of capitalism to create unbalanced accumulations of wealth, leading to over accumulations of capital and a repeating cycle of devaluations through economic crises. Table 1: Change in economic indicators 1929-32 USA Britain France Germany Industrial production −46% −23 −24 −41 Wholesale prices −32% −33 −34 −29 Foreign trade −70% −60 −54 −61 Unemployment +607% +129 +214 +232 3. Breakdown of international trade Many economists have argued that the sharp decline in international trade after 1930 helped to worsen the depression, especially for countries significantly dependent on foreign trade. Most historians and economists partly blame the American Smoot-Hawley Tariff Act (enacted June 17, 1930) for worsening the depression by seriously reducing international trade and causing retaliatory tariffs in other countries. While foreign trade was a small part of overall economic activity in the U.S. and was concentrated in a few businesses like farming, it was a much larger factor in many other countries. The average ad valorem rate of duties on dutiable imports for 1921-1925 was 25.9% but under the new tariff it jumped to 50% in 1931-1935. In dollar terms, American exports declined from about $5.2 billion in 1929 to $1.7 billion in 1933; but prices also fell, so the physical volume of exports only fell by half. Hardest hit were farm commodities such as wheat, cotton, tobacco, and lumber. According to this theory, the collapse of farm exports caused many American farmers to default on their loans, leading to the bank runs on small rural banks that characterized the early years of the Great Depression. 4. Debt deflation Irving Fisher argued that the predominant factor leading to the Great Depression was over-indebtedness and deflation. Fisher tied loose credit to over-indebtedness, which fueled speculation and asset bubbles. He then outlined 9 factors interacting with one another under conditions of debt and deflation to create the mechanics of boom to bust. The chain of events proceeded as follows: Debt liquidation and distress selling Contraction of the money supply as bank loans are paid off A fall in the level of asset prices A still greater fall in the net worth of business, precipitating bankruptcies A fall in profits A reduction in output, in trade and in employment. Pessimism and loss of confidence Hoarding of money A fall in nominal interest rates and a rise in deflation adjusted interest rates. During the Crash of 1929 preceding the Great Depression, margin requirements were only 10%. Brokerage firms, in other words, would lend $9 for every $1 an investor had deposited. When the market fell, brokers called in these loans, which could not be paid back. Banks began to fail as debtors defaulted on debt and depositors attempted to withdraw their deposits en masse, triggering multiple bank runs. Government guarantees and Federal Reserve banking regulations to prevent such panics were ineffective or not used. Bank failures led to the loss of billions of dollars in assets. Outstanding debts became heavier, because prices and incomes fell by 20-50% but the debts remained at the same dollar amount. After the panic of 1929, and during the first 10 months of 1930, 744 US banks failed. (In all, 9,000 banks failed during the 1930s). By April 1933, around $7 billion in deposits had been frozen in failed banks or those left unlicensed after the March Bank Holiday. Bank failures snowballed as desperate bankers called in loans which the borrowers did not have time or money to repay. With future profits looking poor, capital investment and construction slowed or completely ceased. In the face of bad loans and worsening future prospects, the surviving banks became even more conservative in their lending. Banks built up their capital reserves and made fewer loans, which intensified deflationary pressures. A vicious cycle developed and the downward spiral accelerated. The liquidation of debt could not keep up with the fall of prices which it caused. The mass effect of the stampede to liquidate increased the value of each dollar owed, relative to the value of declining asset holdings. The very effort of individuals to lessen their burden of debt effectively increased it. Paradoxically, the more the debtors paid, the more they owed. This self-aggravating process turned a 1930 recession into a 1933 great depression. 5 Keynesian British economist John Maynard Keynes argued in General Theory of Employment Interest and Money that lower aggregate expenditures in the economy contributed to a massive decline in income and to employment that was well below the average. In such a situation, the economy reached equilibrium at low levels of economic activity and high unemployment. Keynes basic idea was simple: to keep people fully employed, governments have to run deficits when the economy is slowing, as the private sector would not invest enough to keep production at the normal level and bring the economy out of recession. Keynesian economists called on governments during times of economic crisis to pick up the slack by increasing government spending and/or cutting taxes. As the Depression wore on, Franklin D. Roosevelt tried public works, farm subsidies, and other devices to restart the economy, but never completely gave up trying to balance the budget. According to the Keynesians, this improved the economy, but Roosevelt never spent enough to bring the economy out of recession until the start of World War II. 5.1 Monetarist Monetarists, including Milton Friedman and current Federal Reserve System chairman Ben Bernanke, argue that the Great Depression was mainly caused by monetary contraction, the consequence of poor policymaking by the American Federal Reserve System and continued crisis in the banking system. In this view, the Federal Reserve, by not acting, allowed the money supply as measured by the M2 to shrink by one-third from 1929-1933, thereby transforming a normal recession into the Great Depression. Friedman argued that the downward turn in the economy, starting with the stock market crash, would have been just another recession. However, the Federal Reserve allowed some large public bank failures particularly that of the New York Bank of the United States which produced panic and widespread runs on local banks, and the Federal Reserve sat idly by while banks collapsed. He claimed that, if the Fed had provided emergency lending to these key banks, or simply bought government bonds on the ope n market to provide liquidity and increase the quantity of money after the key banks fell, all the rest of the banks would not have fallen after the large ones did, and the money supply would not have fallen as far and as fast as it did. With significantly less money to go around, businessmen could not get new loans and could not even get their old loans renewed, forcing many to stop investing. This interpretation blames the Federal Reserve for inaction, especially the New York branch. One reason why the Federal Reserve did not act to limit the decline of the money supply was regulation. At that time, the amount of credit the Federal Reserve could issue was limited by the Federal Reserve Act, which required 40% gold backing of Federal Reserve Notes issued. By the late 1920s, the Federal Reserve had almost hit the limit of allowable credit that could be backed by the gold in its possession. This credit was in the form of Federal Reserve demand notes. A promise of gold is not as good as gold in the hand, particularly when they only had enough gold to cover 40% of the Federal Reserve Notes outstanding. During the bank panics a portion of those demand notes were redeemed for Federal Reserve gold. Since the Federal Reserve had hit its limit on allowable credit, any reduction in gold in its vaults had to be accompanied by a greater reduction in credit. On April 5, 1933, President Roosevelt signed Executive Order 6102 making the private ownership of gold certificates, coi ns and bullion illegal, reducing the pressure on Federal Reserve gold. 5.2 New classical approach Recent work from a neoclassical perspective focuses on the decline in productivity that caused the initial decline in output and a prolonged recovery due to policies that affected the labor market. This work, collected by Kehoe and Prescott, decomposes the economic decline into a decline in the labor force, capital stock, and the productivity with which these inputs are used. This study suggests that theories of the Great Depression have to explain an initial severe decline but rapid recovery in productivity, relatively little change in the capital stock, and a prolonged depression in the labor force. This analysis rejects theories that focus on the role of savings and posit a decline in the capital stock. 5.3 Austrian School Another explanation comes from the Austrian School of economics. Theorists of the Austrian School who wrote about the Depression include Austrian economist Friedrich Hayek and American economist Murray Rothbard, who wrote Americas Great Depression (1963). In their view and like the monetarists, the Federal Reserve, which was created in 1913, shoulders much of the blame; but in opposition to the monetarists, they argue that the key cause of the Depression was the expansion of the money supply in the 1920s that led to an unsustainable credit-driven boom. In the Austrian view it was this inflation of the money supply that led to an unsustainable boom in both asset prices (stocks and bonds) and capital goods. By the time the Fed belatedly tightened in 1928, it was far too late and, in the Austrian view, a significant economic contraction was inevitable. According to the Austrians, the artificial interference in the economy was a disaster prior to the Depression, and government efforts to prop up the economy after the crash of 1929 only made things worse. According to Rothbard, government intervention delayed the markets adjustment and made the road to complete recovery more difficult. 5.4 Marxist Marx saw recession and depression as unavoidable under free-market capitalism as there are no restrictions on accumulations of capital other than the market itself. In the Marxist view, capitalism tends to create unbalanced accumulations of wealth, leading to over-accumulations of capital which inevitably lead to a crisis. This especially sharp bust is a regular feature of the boom and bust pattern of what Marxists term chaotic capitalist development. It is a tenet of many Marxists groupings that such crises are inevitable and will be increasingly severe until the contradictions inherent in the mismatch between the mode of production and the development of productive forces reach the final point of failure, at which point, the crisis period encourages intensified class conflict and forces societal change 6. Inequality Two economists of the 1920s, Waddill Catchings and William Trufant Foster, popularized a theory that influenced many policy makers, including Herbert Hoover, Henry A. Wallace, Paul Douglas, and Marriner Eccles. It held the economy produced more than it consumed, because the consumers did not have enough income. Thus the unequal distribution of wealth throughout the 1920s caused the Great Depression. According to this view, the root cause of the Great Depression was a global over-investment in heavy industry capacity compared to wages and earnings from independent businesses, such as farms. The solution was the government must pump money into consumers pockets. That is, it must redistribute purchasing power, maintain the industrial base, but re-inflate prices and wages to force as much of the inflationary increase in purchasing power into consumer spending. The economy was overbuilt, and new factories were not needed. Foster and Catchings recommended federal and state governments start large construction projects, a program followed by Hoover and Roosevelt. 7. Turning point and recovery Various countries around the world started to recover from the Great Depression at different times. In most countries of the world, recovery from the Great Depression began in 1933. In the U.S., recovery began in the spring of 1933. However, the U.S. did not return to 1929 GNP for over a decade and still had an unemployment rate of about 15% in 1940, albeit down from the high of 25% in 1933. There is no consensus among economists regarding the motive force for the U.S. economic expansion that continued through most of the Roosevelt years (and the 1937 recession that interrupted it). The common view among mainstream economists is that Roosevelts New Deal policies either caused or accelerated the recovery, although his policies were never aggressive enough to bring the economy completely out of recession. Some economists have also called attention to the positive effects from expectations of reflation and rising nominal interest rates that Roosevelts words and actions portended. However, opposition from the new Conservative Coalition caused a rollback of the New Deal policies in early 1937, which caused a setback in the recovery. Picture 3: The overall course of the Depression in the United States, as reflected in per-capita GDP (average income per person) shown in constant year 2000 dollars, plus some of the key events of the period. According to Christina Romer, the money supply growth caused by huge international gold inflows was a crucial source of the recovery of the United States economy, and that the economy showed little sign of self-correction. The gold inflows were partly due to devaluation of the U.S. dollar and partly due to deterioration of the political situation in Europe. In their book, A Monetary History of the United States, Milton Friedman and Anna J. Schwartz also attributed the recovery to monetary factors, and contended that it was much slowed by poor management of money by the Federal Reserve System. Current Chairman of the Federal Reserve Ben Bernanke agrees that monetary factors played important roles both in the worldwide economic decline and eventual recovery. Bernanke, also sees a strong role for institutional factors, particularly the rebuilding and restructuring of the financial system, and points out that the Depression needs to be examined in international perspective. Economists Ha rold L. Cole and Lee E. Ohanian, believe that the economy should have returned to normal after four years of depression except for continued depressing influences, and point the finger to the lack of downward flexibility in prices and wages, encouraged by Roosevelt Administration policies such as the National Industrial Recovery Act. 8. Gold standard Economic studies have indicated that just as the downturn was spread worldwide by the rigidities of the Gold Standard, it was suspending gold convertibility (or devaluing the currency in gold terms) that did most to make recovery possible. What policies countries followed after casting off the gold standard, and what results followed varied widely. Every major currency left the gold standard during the Great Depression. Great Britain was the first to do so. Facing speculative attacks on the pound and depleting gold reserves, in September 1931 the Bank of England ceased exchanging pound notes for gold and the pound was floated on foreign exchange markets. Great Britain, Japan, and the Scandinavian countries left the gold standard in 1931. Other countries, such as Italy and the U.S., remained on the gold standard into 1932 or 1933, while a few countries in the so-called gold bloc, led by France and including Poland, Belgium and Switzerland, stayed on the standard until 1935-1936. According to later analysis, the earliness with which a country left the gold standard reliably predicted its economic recovery. For example, Great Britain and Scandinavia, which left the gold standard in 1931, recovered much earlier than France and Belgium, which remained on gold much longer. Countries such as China, which had a silver standard, almost avoided the depression entirely. The connection between leaving the gold standard as a strong predictor of that countrys severity of its depression and the length of time of its recovery has been shown to be consistent for dozens of countries, including developing countries. This partly explains why the experience and length of the depression differed between national economies. 9. World War II and recovery The common view among economic historians is that the Great Depression ended with the advent of World War II. Many economists believe that government spending on the war caused or at least accelerated recovery from the Great Depression. However, some consider that it did not play a very large role in the recovery, although it did help in reducing unemployment. The massive rearmament policies leading up to World War II helped stimulate the economies of Europe in 1937-39. By 1937, unemployment in Britain had fallen to 1.5 million. The mobilization of manpower following the outbreak of war in 1939 finally ended unemployment. Americas entry into the war in 1941 finally eliminated the last effects from the Great Depression and brought the unemployment rate down below 10%. In the U.S., massive war spending doubled economic growth rates, either masking the effects of the Depression or essentially ending the Depression. Businessmen ignored the mounting national debt and heavy new taxes, redoubling their efforts for greater output to take advantage of generous government contracts. Picture 5: A female factory worker in 1942, Fort Worth, Texas. Women entered the workforce as men were drafted into the armed forces. 10. Effects The majority of countries set up relief programs, and most underwent some sort of political upheaval, pushing them to the left or right. In some states, the desperate citizens turned toward nationalist demagogues—the most infamous being Adolf Hitler—setting the stage for World War II in 1939. Canada Harshly affected by both the global economic downturn and the Dust Bowl, Canadian industrial production had fallen to only 58% of the 1929 level by 1932, the second lowest level in the world after the United States, and well behind nations such as Britain, which saw it fall only to 83% of the 1929 level. Total national income fell to 56% of the 1929 level, again worse than any nation apart from the United States. Unemployment reached 27% at the depth of the Depression in 1933. During the 1930s, Canada employed a highly restrictive immigration policy. France The Depression began to affect France around 1931. Frances relatively high degree of self-sufficiency meant the damage was considerably less than in nations like Germany. However, hardship and unemployment were high enough to lead to rioting and the rise of the socialist Popular Front. Germany Germanys Weimar Republic was hit hard by the depression, as American loans to help rebuild the German economy now stopped. Unemployment soared, especially in larger cities, and the political system veered toward extremism. The unemployment rate reached nearly 30% in 1932. Repayment of the war reparations due by Germany were suspended in 1932 following the Lausanne Conference of 1932. By that time, Germany had repaid â…› of the reparations. Hitlers Nazi Party came to power in January 1933. Japan The Great Depression did not strongly affect Japan. The Japanese economy shrank by 8% during 1929-31. However, Japans Finance Minister Takahashi Korekiyo was the first to implement what have come to be identified as Keynesian economic policies: first, by large fiscal stimulus involving deficit spending; and second, by devaluing the currency. Takahashi used the Bank of Japan to sterilize the deficit spending and minimize resulting inflationary pressures. Econometric studies have identified the fiscal stimulus as especially effective. The devaluation of the currency had an immediate effect. Japanese textiles began to displace British textiles in export markets. The deficit spending, however proved to be most profound. The deficit spending went into the purchase of munitions for the armed forces. By 1933, Japan was already out of the depression. By 1934, Takahashi realized that the economy was in danger of overheating, and to avoid inflation, moved to reduce the deficit spending that went towards armaments and munitions. This resulted in a strong and swift negative reaction from nationalists, especially those in the Army, culminating in his assassination in the course of the February 26 Incident. This had a chilling effect on all civilian bureaucrats in the Japanese government. From 1934, the militarys dominance of the government continued to grow. Instead of reducing deficit spending, the government introduced price controls and rationing schemes that reduced, but did not eliminate inflation, which would remain a problem until the end of World War II. The deficit spending had a transformative effect on Japan. Japans industrial production doubled during the 1930s. Further, in 1929 the list of the largest firms in Japan was dominated by light industries, especially textile companies (many of Japans automakers, like Toyota, have their roots in the textile industry). By 1940 light industry had been displaced by heavy industry as the largest firms inside the Japanese economy. Soviet Union Having removed itself from the capitalist world system both by choice and as a result of efforts of the capitalist powers to isolate it, the Great Depression had little effect on the Soviet Union. A Soviet trade agency in New York advertised 6,000 positions and received more than 100,000 applications. Its apparent immunity to the Great Depression seemed to validate the theory of Marxism and contributed to Socialist and Communist agitation in affected nations. United Kingdom The effects on the northern industrial areas of Britain were immediate and devastating, as demand for traditional industrial products collapsed. By the end of 1930 unemployment had more than doubled from 1 million to 2.5 million (20% of the insured workforce), and exports had fallen in value by 50%. In 1933, 30% of Glaswegians were unemployed due to the severe decline in heavy industry. In some towns and cities in the north east, unemployment reached as high as 70% as ship production fell 90%. The National Hunger March of September-October 1932 was the largest of a series of hunger marches in Britain in the 1920s and 1930s. About 200,000 unemployed men were sent to the work camps, which continued in operation until 1939. In the less industrial Midlands and South of England, the effects were short-lived and the later 1930s were a prosperous time. Growth in modern manufacture of electrical goods and a boom in the motor car industry was helped by a growing southern population and an expanding middle class. Agriculture also saw a boom during this period. United States President Herbert Hoover started numerous programs, all of which failed to reverse the downturn. In June 1930 Congress approved the Smoot-Hawley Tariff Act which raised tariffs on thousands of imported items. The intent of the Act was to encourage the purchase of American-made products by increasing the cost of imported goods, while raising revenue for the federal government and protecting farmers. However, other nations increased tariffs on American-made goods in retaliation, reducing international trade, and worsening the Depression. In 1931 Hoover urged the major banks in the country to form a consortium known as the National Credit Corporation (NCC). By 1932, unemployment had reached 23.6%, and it peaked in early 1933 at 25%, a drought persisted in the agricultural heartland, businesses and families defaulted on record numbers of loans, and more than 5,000 banks had failed. Hundreds of thousands of Americans found themselves homeless and they began congregating in the numerous Ho overvilles that had begun to appear across the country. In response, President Hoover and Congress approved the Federal Home Loan Bank Act, to spur new home construction, and reduce foreclosures. The final attempt of the Hoover Administration to stimulate the economy was the passage of the Emergency Relief and Construction Act (ERA) which included funds for public works programs such as dams and the creation of the Reconstruction Finance Corporation (RFC) in 1932. The RFCs initial goal was to provide government-secured loans to financial institutions, railroads and farmers. Quarter by quarter the economy went downhill, as prices, profits and employment fell, leading to the political realignment in 1932 that brought to power Franklin Delano Roosevelt. Shortly after President Roosevelt was inaugurated in 1933, drought and erosion combined to cause the Dust Bowl, shifting hundreds of thousands of displaced persons off their farms in the Midwest. From his inauguration onward, Roosevelt argued that restructuring of the economy would be needed to prevent another depression or avoid prolonging the current one. New Deal programs sought to stimulate demand and provide work and relief for the impoverished through increased government spending and the institution of financial reforms. The Securities Act of 1933 comprehensively regulated the securities industry. This was followed by the Securities Exchange Act of 1934 which created the Securities and Exchange Commission. Though amended, key provisions of both Acts are still in force. Early changes by the Roosevelt administration included: Instituting regulations to fight deflationary cut-throat competition through the NRA. Setting minimum prices and wages, labor standards, and competitive conditions in all industries through the NRA. Encouraging unions that would raise wages, to increase the purchasing power of the working class. Cutting farm production to raise prices th

Analysis of Ophelia from Hamlet Essay -- Hamlet William Shakespeare Op

Analysis of Ophelia from Hamlet Ophelia is gentle, loving and beautiful. She is also obedient to her father and loyal to her family and it is this which draws her into the circle of disaster and leads to her "untimely death". She is deeply in love with Hamlet and believes his "tenders" to be sincere, but her obedience to both her father and her brother must come first. Laertes tells her to beware of Hamlet's interest as it is driven by lust, not love. He also points out the difference in their background and rightly concludes that Hamlet is not in a position, as heir to the throne to choose freely who he will marry. Polonius is also scornful of Hamlet's motives and concerned that he will be discredited by Ophelia's conduct. His command to her not to see Hamlet again is brutal, as is his decision to use her as a decoy to sound out the reason for Hamlet's eccentric behaviour. The fact that she obeys would be quite understandable to Shakespeare's audience, if not to a present day one, since filial obedience was a fundamental part of the life of the time. Note also how differently Laertes is treated by his father, compared to the lack of regard shown to Ophelia by Polonius. Women had little status, and Ophelia's wishes are not considered at any time. Torn apart as she is by divided loyalty it is no wonder that the strain on her eventually leads to her madness and subsequent death. That she loves Hamlet is without question. She is distraught when she observes his behaviour before the nunnery scene, and after his savage rejection of her in that scene she laments his "noble mind..here o'erthrown" She also grieves for herself, "Oh woe is me, t'have seen what I have seen, see what I see." She is sophisticated enough to understand the ways of the world, too, as we see in her dialogue with Hamlet before the mousetrap play, when she obviously understands the meaning of his bawdy remarks, and also in her quick understanding of her brother's likely conduct when he is away at school. Her madness is triggered by loss of her father, murdered by Hamlet, whom she also believes to be mad. The pathos of the mad scene is emphasised by the language of loss in some of the songs she sings and the overt sexuality of others. In fact the sentiments of Ophelia for Hamlet in the nunnery scene, are, ironically applicable to herself later in the play. Her story paralle... ... Claudius uses these lines to lead Laertes into a plan to kill Hamlet, asking him what will he do to prove his love for his father in ActIV, scene vii. Hamlet comes back; what would you undertake to show yourself in deed your father’s son more than in more than words? It can be easily seen how Laertes, influenced by Claudius in the heat of his anger, could conspire to murder Hamlet and it is in this attempt that Laertes loses his own life to the very poison he kills Hamlet with. Once again, a member of Polonius’ family loses their life as a result of a conflict that they are oblivious to, making Laertes’ death a tragedy as well. Contrary to popular belief, the tragedy associated with Hamlet is not about Hamlet or his family. It is, however , about the tragic fate of Polonius’ family , whose deaths are not the result of any sins they omit but by their being manipulated by Hamlet and Claudius for reasons they are unaware of. Although the death of Polonius’ family stands out as being the most tragic, many other characters in the story are killed as well. In fact, the death of a character in Hamlet almost becomes commonplace near the end of the play.

Custom Coffee & Chocolate

Mgmt 5000 Custom Coffee & Chocolate The mission of Custom Coffee & Chocolate is to provide lovers of fine chocolate and coffee a place to indulge themselves. From the cafe’s current offerings and proposed expansion, I do not think that the indulgence aspect of the mission statement is limited to the chocolate and coffee itself. I think that the menu variety, entertainment events and amenities that they will offer lend themselves to the mission of indulgence. The menu variety, for example allows one to indulge the pallet and explore the world through taste.Entertainment events allow one to immerse themselves in the sounds and words of other cultures while relaxing and surfing the net all at once. The cafe’s strengths include knowledge of customer base, specialized products, repeat business and a high traffic location. Weaknesses are lack of financial capital, limited staff, and majority of business is takeout. They are also weak in their lack of marketing and short-term lease on property. The cafe does have some opportunities though.The opportunities present are expanding the menu and services, marketing cafe as an entertainment or meeting venue, or include the always-popular wireless connection. Threats present for the cafe are other restaurants and businesses in the area. They are likely to see their success and create a similar offering of their own that features lower prices, better product or services. I believe that one of the first goals that Custom Coffee & Chocolate should achieve is extending their hours and staff. By achieving this goal first, it will make moving toward all their other goals flow smoothly.Their next steps should be to secure a wireless connection and begin to have small entertainment events. Brewer should begin to ramp up the cafe’s marketing plan by advertising the events and wireless access. The marketing campaign should be targeted in the local lounges, campus commons, and dorms. After the entertainment has bee n established as a success, it would provide a good test market to begin expanding the cafe’s menu into new areas. Then finally, they should launch a website for the cafe that features all their best assets.

Passage Analysis Essay †The Lord Of The Flies by William Golding Essay

â€Å"†¦. he was thin and bony, and his hair was red beneath the black cap. His face was crumpled and freckled, and ugly without silliness. Out of this face stared two light blue eyes, frustrated now, and turning, or ready to turn, to anger.† This is a description of Jack’s physical self. Apart from the fact that his eyes were to turn red because of frustration, Jack sounds like an adorably cute twelve year old. Just like we are always told to never judge a book by its cover, we should never judge a person based on their physical appearance. Jack Merridew is far from an adorable kid. Behind those pretty light blue eyes lies not a human being but a snake, a dog, an ape. An evil prehistoric man, as described on pages 48 and 49. This passage is important because it plays as an introduction of Jack’s true personality, element that is essential in the rest of the novel. In this passage, it is said that Jack is seduced by the sound of pig footsteps on the ground, showing how obsessed he will become later in the book about death. The fact that in this passage he does not succeed at achieving his goal, and becomes frustrated, contributes to the brutality in his future hunts and the creation of a celebration dance. It also contributes to Jack’s realization that he cannot do this alone, bringing the rest of the hunters in to his world of mad savagery. The passage is significant to the whole plot of the book, since it explains the involvement of the other boys in the killing scenes and Jack’s blood driven personality. The scenery described in the passage is also important. It achieves its goal in demonstrating the difficulties presented when being inside the jungle. The dense air that is trapped in between the trees, under their branches makes it a hard place to breathe in. The tangled creepers, branches and bushes in general, make the jungle a hard place to walk through. Another important aspect of the jungle description in the passage, are the pig runs. These will be important in the future of the book since they are the only â€Å"clearing† in the thick jungle and witnesses of the deaths that will occur on them. As said before, the true personality of Jack comes afloat, for the first time in the book in this passage. The way he is described as a snake, is symbolic to the strong evil force in him. Symbolic of how, later on, in the book, he betrayes Ralph and stops at nothing to achieve what he wants. Complete power over the island and its inhabitants. The description of him as a dog is symbolic of his actions. How he just goes ahead with what his instincts tell him, and not really thinking about the consequences of his actions. He is just driven by the fun and freedom these momentarily provide. And last, but not least, his description of being like an ape symbolizes the decrease of civilization in each and every one of the boys. It is a visual comparison of Jack to a prehistoric animal. How he is going back into the basics of mankind. In conclusion to all the reasons presented, on why this passage is significant in the story of Lord of the Flies, it is to be summarized into just one phrase. This passage is simply an excellent introduction to one of the most influencial characters in the novel; Jack Merridew.

buy custom Computer Manufacturing Companies essay

buy custom Computer Manufacturing Companies essay Fears that CPUs mighty disappear and be replaced with more efficient faster and smaller machines are well founded. With the names like APUS and GPUs coming up, one is left wondering what the fete of CPUs might be. But as research shows, the computer engineers are just coming up with improved and smaller CPUs. Computer manufacturing companies are putting a lot of resources into improving whatever they have so as not to be left behind in the computer technology (Lemon 2007) AMD has outlined plans for the future of its processors. It plans to scale past the current multi-core models, whereas Intel aims at processors which have thousands of cores, something that AMD disputes saying that the best way is to have accelerated processing units rather than just adding more cores. If AMDs idea comes to fruition, then in future we might have what we call APUs or Accelerated Processing Units that have multi-core chips consisting of a mix of processor cores and any other dedicated processor. So when you consider all these, one can picture the future of CPUs as having multiple processors with wide pipelines of execution, a future with smarter and larger caches. People should be prepared to learn how to handle tasks that are more specialized as the execution hardware will be bigger and more complicated ( Andrews, 2006). Tracing the history of microprocessors right from the 1970s to the present shows that they come along way indeed. Intel 4004 was the mother of all of them, introduced in 1970, with its four bit chunks in which it handled its data. This proved to be too little space as people sort to use more memory space. This paved way for Intel 8008 with a slightly larger memory space and this became the trend, increasing capacity little by little as demand dictated. This went on up to the 1980s famously referred to as the digital age that saw the birth of many chips that are in use up to now. Clones of the Intel CPUs also emerged during this time as engineers sort to introduce faster and efficient CPUs. They also came up with many other CPUs during this period. The nineties was the period that many people started using computers, they become common among the people and therefore more in terms of capacity was needed. This led to the introduction of faster CPUs wither larger memories to meet these demands. Introduction of Pentium 2 and 3, the K6 versions that had improved multimedia function speeds and also made available new clock rates, were some of the improvements of the nineties. The twenty first century saw the perfection of these efforts and coming up of even better innovations never imagined before. This has not stopped as engineers are still deeply researching on more and more efficient computers, a clear indication that CPUs are and will continue to be in use for more years to come. It should be noted that CPUs in the future are most likely to dominate in carrying out most functions. It should be noted technology is tending to a situation where nothing will proceed without the use of CPUs (Krazit 2006). Buy custom Computer Manufacturing Companies essay

An Imprint For eternity essays

An Imprint For eternity essays You gasp for air as you run to take cover behind a tree. You slump against the rough bark to gather your energy for the next wave of soldiers. As you place your hand on the moist soil, you feel a cool liquid swallow your hand. You look down and glance at a pool of blood, in the center lay a lifeless young boy, whose life was tragically cut short. In Americas rode to becoming a unified nation, an inevitable war broke out. The Civil War, which contained one of bloodiest one-day battles, resulted in over 620,000 deaths not including African Americans, in a span of four years. This war was not the cause of one conflict but many over numerous years. The major cause of the Civil War was due to the different opinions on slavery. The Northern states, which soon became the Union, believed slavery was inhuman, while the Southern states, which seceded from the United States and became the Confederacy, believed that it was their right to have slaves. Harriet Beecher Stowe, a freed African American woman, wrote a book Uncle Toms Cabin. This book was about a horrible slave owner who beat his slaves. This started a commotion in the South. Slave owners began denying allegations of the mistreatment of their slaves. A heated debate began between the North and South. The North saying that slavery should be abolished, that the mistreatment has gone on long enough, and the South still denying and wanting. The quarrels between the North and South led to many short-term resolutions. One of these resolutions was the Missouri Compromise. The Missouri Compromise allowed Missouri to enter the United States as a slave state, and Maine as a free state, to maintain the slave to free state balance. The only problem with this idea was that years later, Americans would want to expand and move west. While moving west, their ideas and beliefs would follow. Thus the struggle to maintain slave to free state balance would become an even larger dilemma. ...

An Improvement Over Classical Realism Politics Essay

An Improvement Over Classical Realism Politics Essay The neorealist theory of international relations has dominated world politics in the past century. It depicts an anarchic world where states are compelled to act in a certain manner because they are part of an anarchic international system. Although neorealism provides an appealing exposà © for the study of international relations and perceives itself to be an improvement over classical realism, it raises more questions than the answers it provides as I will show throughout this essay. Classical Realists believe that states are the main actors in international relations and they are power maximizers. As Hans Morgenthau, explains in Politics Among Nations, in a world where anarchy is the abiding principle, states will struggle for power because they are managed by policy makers and such is the nature of men. Other institutions and organizations are considered to play a small role but only within a state centric framework. States define international order as anarchic because there i s no central government to quell men’s search for power and their thirst to dominate others. In this eternal struggle peace is achieved through the balance of power, where states try to prevent one state from dominating all the others.   [ 1 ]    During the Cold War a new variant of Morgenthau’s theory appeared under the name of neorealism. The theoretical approach to international politics proposed by Waltz stresses the importance of structure and draws its arguments by applying an economic perspective to international relations. An approach Waltz claims to be more scientific than the one of Morgenthau and classical realism,which he considers to be â€Å"reductionist†. He argues so because it focuses on the subjective decisions of policy makers, and their search for power, as key in shaping the international system. A perspective that excludes the possibility of a structural analysis where the system is perceived to be independent and therefore plays an act ive role in determining state behaviour.   [ 2 ]    In a world still perceived to be anarchic, Waltz separates the internal circumstances of states from the external ones and claims that the international system is autonomous and acts as a whole. International order is shaped by a global structure, which is created by the interaction of states and then forces them into a certain modus operandi.   [ 3 ]   Whereas in Morgenthau the analysis of world politics focused on his negative view of human nature that compelled statesmen in an eternal search for power   [ 4 ]   , Waltz emphasizes the importance of the system in directing their actions. The introduction of the third image systemic analysis as the most important perspective to look at international politics is defined by three ordering principles: anarchy, the function of units and the distribution of capabilities.   [ 5 ]   Anarchy for neorealists is slightly different than for classical realists. As Shimko notes it, if for Morgenthau anarchy was important but merely circumstantial, for Waltz it is one of the defining elements of the system and acts as a â€Å"causal† force.   [ 6 ]   The concept of anarchy also differs in the sense that classical realists believe states search for power and most neorealists tend to advocate that states fight to survive. The outcome in both cases is an anarchic world but their origin is fundamentally different.

Case Study Example | Topics and Well Written Essays - 750 words - 18

Case Study Example nt of employees will be done purely on the basis of merit and the management skills in case of leadership positions.For the role of supervisors, the fittest candidate would be one who has the technical knowledge to guide the team as well as have good interpersonal communication skills for managing the people at work.Instead of a one-day training program, the new policy has the provisions of conducting a three day induction program that provides a detailed insight of the work and initial introduction with the existing employees. The company aims to return value to their employees who are willing to add value to the organization. The company believes in providing the best remuneration package in the industry as per the best standards (Armstrong 2006). This is done through competitive fixation of wages for the employees. Apart from the compensation packages, there are several allowances and perquisites that are offered to the employees.The company also believes in providing health benef its and taking care of the medical needs of the employees and their families. The company believes in equal and fair opportunities for both men and women at workplace. The new policy proposes that women should have equal representations as compared to men in the role of supervisors. This would also create fair and transparent communication practices in the workplace. The senior employees and the managers would engage into period communication and take feedbacks from the operational staffs in the process. This would ensure total involvement of the employees and reduce the chances of any communication gap in the process.The company disapproves the collective bargaining agreement between the employees and the union. The following suggestion for improvement could be provided to the human resource manager of FVI as the past recruitments have resulted in a failure rate of 40% amongst the number of candidates who were recruited. In the past, the supervisors were selected on the basis of their

Positivism Essay Example | Topics and Well Written Essays - 2000 words

Positivism - Essay Example Legal systems are not static, immutable structures but rather mutable, and ever-changing organisms. The fact that they are constantly changing means that some constancy as regards to the need to obey the "rules" of a legal system is needed. Otherwise there is chaos. The apparent paradox within the idea that "the mere fact that a rule is just or reasonable will not make it a law" and also, "nor does the injustice of a rule demonstrate that it is not a law" is in fact satisfied by an understanding that laws are, by their nature, limited in scope. Laws cover a finite number of situations whereas the experience of life for the series of individual human beings that make up a society is infinite. Thus it might well be "just" and/or "reasonable" to have a rule that people should be "kind to one another", but this will not make such a law feasible. Conversely, a rule that says that people of different races cannot marry (as occurred in the US South) is not made invalid as a law just because it is unjust. The morality (or otherwise) of a rule is, within the positivist sense, irrelevant to whether or not it is a law. It is a law because it is held within a complex legal structure that defines it as "law". If laws are essentially arbitrary in nature, why should citizens of ... The citizen gives up his "freedom" to do whatever he wants, and thus to break certain laws, in exchange for the government's promise to protect his/her safety. Thus a citizen stops at a red light - thus giving up his innate "freedom" to pass through it - in exchange for the government enforcing red light laws that will enable him to safely drive down the street when the light turns green. This is a very 'modern' theory of obedience to rules and laws, based as it is upon the idea that the government and its people have essentially mutual interests. Within Rousseau's vision, the State clearly exists to serve the People. Some earlier theories of jurisprudence relied upon more authoritarian principles of law obedience that, despite their age, still have relevance today. John Austin, with his The Province of Jurisprudence Determined (1832) suggested the idea of "habitual obedience", that is obedience given to a sovereign (or perhaps elected government) based upon a fear of sanctions. Crudely, people obey the law because they fear the consequences if they do not. On a superficial level Austin's ideas seem self-evident: people do avoid breaking the law because of the consequences if they do on an individual level. However, if a whole system of laws is based solely (or nearly completely) on "habitual obedience" then it is by nature fragile and ripe for change. A frightened people has no loyalty to the system of laws other than that which is forced upon them. If they get the chance to successfully rise up, or if another member of the ruling class sees a chance at taking over, then it is likely to occur. Habitual obedience occurs within totalitarian states and dictatorships, but these are often short-lived, while superficially

Financial Report for Balance Plc Essay Example | Topics and Well Written Essays - 1250 words

Financial Report for Balance Plc - Essay Example Guidelines are provided on how certain items of fixed assets should be accounted for, the components of cost are considered, a review of the useful life of a machine, the treatment of buildings bought for business use and buildings bought for investment purposes. Introduction The method of accounting for property plant and equipment sometimes poses a problem due to uncertainties about what should be included as part of cost and what should not be included. There are different methods of accounting for changes in the life of property, plant and equipment. However, the method chosen depends on the type of asset and whether it is specific to a particular entity. Accounting for investment property also has some technicalities in terms of when the fair value model should be considered and what constitutes an investment property. Cost of acquisition and treatment in the accounts The standard which applies to property, plant and equipment generally is IAS 16 – Property, Plant and Equ ipment. This standard was last revised in 2012 and considers among other things definitions, measurement, disclosures, valuation, and components of costs (Deloitte 2012). BPP (2009) provides a list of the items that should be included in the cost of property, plant and equipment are: i. Purchase price after deducting trade discounts and rebates; ii. Customs duties paid for importation of the item as well as other purchase taxes that are not refundable; iii. Direct costs that can be attributed to bringing the asset to working condition for its intended use including, costs of handling and delivery in the initial stages, installation, testing, site preparation, and professional fees; The standard also indicates costs that should not be included such as administration and general overheads; any losses incurred in the initial stages before the asset attains the level of planned performance; and start-up costs or any other cost incurred prior to the commencement of its use to produce goo ds and services (Melville 2011). It therefore means that the cost provided for Machine A should be revised as shown in Table 1 (See Appendix1). Table 1 shows the calculation of the cost of Machine A. The service contracts to June 2015 of ?57,000 represent prepaid expense for servicing the Machine A over the next three years and should be expensed over the period. Therefore, the relevant cost to be included in the accounts is ?943,000. The IFRS was amended based on discussions on matters that came to the attention of the standard setting body – the International Accounting Standards Board (IASB) between 2009 and 2011. If the spare parts conforms to the definition of property, plant and equipment given in IAS 16 then it should be included. IFRS (2012a) defines property, plant and equipment are tangible items that are held for use in the manufacture of goods and services, for rental or for own business purpose and are expected to be used in excess of a 12 month period. The calcu lation in Table 1 assumes that the spare parts meet that definition. However, if it does not then it should be expensed and the cost of Machine A would be reduced to ?937,300. Additionally, if the amount of ?5,700 is considered immaterial then it should be

UNB 50th Anniversary Term Paper Example | Topics and Well Written Essays - 2500 words

UNB 50th Anniversary - Term Paper Example It should be noted that the tones that are to be used here should be welcoming and celebratory in nature and excited with respect to future achievements. Languages that are to be used should display the University’s desire to have a progressive growth platform, creativity and innovation. The idea of holding the university’s fiftieth anniversary to celebrate the excellent performance of the Brunswick university over the last few decades came to see the light of dawn when the university president and vice- chancellor, professor, Dr. H.E.A (Eddy) Campbell selected a group of experts headed by the university chairman of the council Dr. Edward Young and a couple of other dignitaries from the university and her two daughter campuses to verse the best way through which the university would celebrate her years of god academic performance in he region and the best way to celebrate her being the longest serving center for academic performance in the northern parts of the American sub- continent. Among these were the Executive Director of the UWI School of Business and Applied Studies (ROYTEC), Mr. Earl Browne, Ms. Anthea Clarke, Subject Head for Management Science and Mathematics, ROYTEC, the principals from all the two campuses and constituent colleges and other learning centers (Belluz, 2008). The meeting passed that the university should an anniversary celebration in remembrance of the good days of academics and social endeavors in the region. The Brunswick University has been an outstanding center of excellence in the northern American continent having contributed tremendously in almost all areas of knowledge in the region and beyond. He boasts of the largest number of ex- students in the region who have graduated from the university and are doing excellently well in their areas of employment. Graduates from this university since time immemorial are found in almost all sectors of the economic

The Epic of Gilgamesh (trans. Maureen Gallery Kovacs) Essay

The Epic of Gilgamesh (trans. Maureen Gallery Kovacs) - Essay Example King Gilgamesh is supposed to have lived around 2700 B.C. After the death of Gilgamesh stories of his great deeds were propagated through oral transmission. Though short episodes of these stories were written later, the first complete version of the epic was written in Akkadian, the extinct Semitic language of the Southern Mesopotamia. Later so many versions of the epic appeared in written form. The translation by Maureen Gallery Kovacs is from the â€Å"Standard† Akkadian â€Å"Edition.†. Originally written in 12 clay tablets in Cuneiform script, the translator chooses to eliminate tablet twelve, for the simple reason that it appears to be more a sequel to the first eleven tablets. Why it is an Epic? : Epic poems are long poems that celebrate the deeds of heroes of legendary Stature. Gilgamesh, the king of Uruk was two third God and one third human. â€Å"Gilgamesh is strong to perfection, son of august cow Rimat Ninsun; Gilgamesh is awesome to perfection.† (Epi c of Gilgamesh, Tablet 1; 35-36). The stories of legendary epic heroes happen long long ago, there by taking the listener/reader to a world of super reality and strange enchantment. Both the time and the space of the epics are, far too removed from our day today realities. The Epic of Gilgamesh is no different. ... xamples for these epic poetic patterns are Homer’s Odyssey, and Saint Valmiki’s Indian epic poem, Ramayana written in the ancient Indian language of Sanskrit. The second and third books of Ramayana deals with the going of King Rama into exile into the forest where he confronts the demon king Ravana who steals away the king’s wife Sita and he had to fight to get back his wife. Odyssey, as the very title of the epic indicates is the return journey of the King Odysseus ten years after the Trojan War which it self lasted for ten years. The Epic of Gilgamesh has two journeys – One from the forest and wild life into the civilization and the other a reverse journey from the evils of civilization to the wisdom of the wilderness. Both journeys are hazardous, full of challenges -- physical as well as from the forces of nature. Odysseus and Gilgamesh: Comparison between Odysseus and Gilgamesh, both heroes of ancient literature, is very interesting in that their appro aches to the challenges are different. Gilgamesh, one third God and the rest human used to be sadistic to his people. He oppressed the newly married women during their wedding nights. He challenged young men with games and tests of strength or exhausted them with forced labor. Unable to bear with these the people of the kingdom cry out to the Gods in the haven above, to rescue them from the sadistic attitudes and actions of their own king. The Gods responding to the plea of the people decide to create an equal to Gilgamesh so that he will get distracted from his sadistic attitudes and activities. This alter ego of Gilgamesh is Enkidu. He is a primitive man who has a very hairy body and is inhabited with animals in the forest. The first journey in â€Å"The Epic of Gilgamesh† is the journey of Enkidu from the

Financial Report for Balance Plc Essay Example | Topics and Well Written Essays - 1250 words

Financial Report for Balance Plc - Essay Example Guidelines are provided on how certain items of fixed assets should be accounted for, the components of cost are considered, a review of the useful life of a machine, the treatment of buildings bought for business use and buildings bought for investment purposes. Introduction The method of accounting for property plant and equipment sometimes poses a problem due to uncertainties about what should be included as part of cost and what should not be included. There are different methods of accounting for changes in the life of property, plant and equipment. However, the method chosen depends on the type of asset and whether it is specific to a particular entity. Accounting for investment property also has some technicalities in terms of when the fair value model should be considered and what constitutes an investment property. Cost of acquisition and treatment in the accounts The standard which applies to property, plant and equipment generally is IAS 16 – Property, Plant and Equ ipment. This standard was last revised in 2012 and considers among other things definitions, measurement, disclosures, valuation, and components of costs (Deloitte 2012). BPP (2009) provides a list of the items that should be included in the cost of property, plant and equipment are: i. Purchase price after deducting trade discounts and rebates; ii. Customs duties paid for importation of the item as well as other purchase taxes that are not refundable; iii. Direct costs that can be attributed to bringing the asset to working condition for its intended use including, costs of handling and delivery in the initial stages, installation, testing, site preparation, and professional fees; The standard also indicates costs that should not be included such as administration and general overheads; any losses incurred in the initial stages before the asset attains the level of planned performance; and start-up costs or any other cost incurred prior to the commencement of its use to produce goo ds and services (Melville 2011). It therefore means that the cost provided for Machine A should be revised as shown in Table 1 (See Appendix1). Table 1 shows the calculation of the cost of Machine A. The service contracts to June 2015 of ?57,000 represent prepaid expense for servicing the Machine A over the next three years and should be expensed over the period. Therefore, the relevant cost to be included in the accounts is ?943,000. The IFRS was amended based on discussions on matters that came to the attention of the standard setting body – the International Accounting Standards Board (IASB) between 2009 and 2011. If the spare parts conforms to the definition of property, plant and equipment given in IAS 16 then it should be included. IFRS (2012a) defines property, plant and equipment are tangible items that are held for use in the manufacture of goods and services, for rental or for own business purpose and are expected to be used in excess of a 12 month period. The calcu lation in Table 1 assumes that the spare parts meet that definition. However, if it does not then it should be expensed and the cost of Machine A would be reduced to ?937,300. Additionally, if the amount of ?5,700 is considered immaterial then it should be

The Epic of Gilgamesh (trans. Maureen Gallery Kovacs) Essay

The Epic of Gilgamesh (trans. Maureen Gallery Kovacs) - Essay Example King Gilgamesh is supposed to have lived around 2700 B.C. After the death of Gilgamesh stories of his great deeds were propagated through oral transmission. Though short episodes of these stories were written later, the first complete version of the epic was written in Akkadian, the extinct Semitic language of the Southern Mesopotamia. Later so many versions of the epic appeared in written form. The translation by Maureen Gallery Kovacs is from the â€Å"Standard† Akkadian â€Å"Edition.†. Originally written in 12 clay tablets in Cuneiform script, the translator chooses to eliminate tablet twelve, for the simple reason that it appears to be more a sequel to the first eleven tablets. Why it is an Epic? : Epic poems are long poems that celebrate the deeds of heroes of legendary Stature. Gilgamesh, the king of Uruk was two third God and one third human. â€Å"Gilgamesh is strong to perfection, son of august cow Rimat Ninsun; Gilgamesh is awesome to perfection.† (Epi c of Gilgamesh, Tablet 1; 35-36). The stories of legendary epic heroes happen long long ago, there by taking the listener/reader to a world of super reality and strange enchantment. Both the time and the space of the epics are, far too removed from our day today realities. The Epic of Gilgamesh is no different. ... xamples for these epic poetic patterns are Homer’s Odyssey, and Saint Valmiki’s Indian epic poem, Ramayana written in the ancient Indian language of Sanskrit. The second and third books of Ramayana deals with the going of King Rama into exile into the forest where he confronts the demon king Ravana who steals away the king’s wife Sita and he had to fight to get back his wife. Odyssey, as the very title of the epic indicates is the return journey of the King Odysseus ten years after the Trojan War which it self lasted for ten years. The Epic of Gilgamesh has two journeys – One from the forest and wild life into the civilization and the other a reverse journey from the evils of civilization to the wisdom of the wilderness. Both journeys are hazardous, full of challenges -- physical as well as from the forces of nature. Odysseus and Gilgamesh: Comparison between Odysseus and Gilgamesh, both heroes of ancient literature, is very interesting in that their appro aches to the challenges are different. Gilgamesh, one third God and the rest human used to be sadistic to his people. He oppressed the newly married women during their wedding nights. He challenged young men with games and tests of strength or exhausted them with forced labor. Unable to bear with these the people of the kingdom cry out to the Gods in the haven above, to rescue them from the sadistic attitudes and actions of their own king. The Gods responding to the plea of the people decide to create an equal to Gilgamesh so that he will get distracted from his sadistic attitudes and activities. This alter ego of Gilgamesh is Enkidu. He is a primitive man who has a very hairy body and is inhabited with animals in the forest. The first journey in â€Å"The Epic of Gilgamesh† is the journey of Enkidu from the

Teachers Day Essay Example for Free

Teachers Day Essay Ratna: A timeless Indian edict goes â€Å"Mata Pita Guru Deva† which translated stands for â€Å"Mother Father Teacher God† – a sacred list of the most revered relationships in a strict order. The meaning of this adage is the greatest truth, and is the order in which one should offer reverence. The phrase is a basic tenet in existence from the time of the Vedas and beyond. Snehal: First comes the mother (Mata) who gives birth to the child, thereby bringing us as a child into this world. Next comes the father (Pita), because it is the mother who knows the truth about the father and she points us to the father. The mother and father then take us to the teacher (Guru), and it is the guru, through his or her teachings, points us to God (Devam). Here God represents the consciousness or self-awareness or our real self. A Teacher thus stands at a higher pedestal than the almighty omnipresent, omnipotent, omniscient and omnifarious. Ratna: Most of our earliest memories of school days will definitely feature an ever-smiling, ever-helpful teacher who assumed the role of a parent at school. While in many relations, we tend to pay back, with gratitude, the service or help rendered to us, a Teacher-Student relationship mostly ends up as a one-way lane where the teacher is always the giver and seldom the receiver. Snehal: So, here we r today to celebrate the magic, the â€Å"teacher† by expressing r deepest sense of gratitude and respect In our little way to wish to thank u all and salute ur immeasurable efforts and hard work†¦ I, Snehal and my friend Ratna, on the behalf of r entire class and r seniors welcome u all here†¦ Ur presence and valueable time really means a lot to us†¦ Welcome and hope u have a memorable Teachers Day†¦ 1) Ratna: (Ankit and Shankaran) In the words of William Butler Yeats, Education is not the filling of a pail but the lighting of a fire. Without any further delay, taking blessings from the almighty and r teachers here, I will like to welcome Shankaran and Ankit to begin with the program and fill d air with music and melodies†¦ 2) Snehal (Vikram speech) Thank u Ankit and Shankaran for a great start†¦ Before we move any further, I would like to invite the President of the Management Association and r dear senior- Vikram Sir to come up and lead the way forward by saying a few words†¦ 3) Ratna (Ppt) Nikos Kazantzakis has rightly said- â€Å"Ideal teachers are those who use themselves as bridges over which they invite their students to cross, then having facilitated their crossing, joyfully collapse, encouraging them to create bridges of their own†. N its owing to those great teachers u n I stand here today†¦ Here we present a small presentation as a token of r appreciation towards u all teachers†¦ 4) Ratna (Harshit) Someone once said, â€Å"Most of us end up with no more than five or six people who remember us. Teachers have thousands of people who remember them for the rest of their lives. † It is so very true†¦ I now invite Harshit to come forward and convey all r special feelings to r dear teachers†¦ 5) Snehal (Video) Rightly said Harshit.. This reminds me of a little story I read back at school†¦ What Do Teachers Make? The dinner guests were sitting around the table discussing life. One man, a CEO, decided to explain the problem with education. He argued, Whats a kid going to learn from someone who decided his best option in life was to become a teacher? He reminded the other dinner guests what they say about teachers Those who can, do. Those who cant, teach. To stress his point he said to another guest; Youre a teacher, Susan. Be honest. What do you make? Susan, who had a reputation for honesty and frankness replied, You want to know what I make? I make kids work harder than they ever thought they could. I make a C+ feel like the winner of the Congressional Medal of Honor. I make kids sit through 40 minutes of study hall in absolute silence. You want to know what I make? I make kids wonder. I make them question I make them criticize. I make them apologize and mean it. I make them write and read I make them show all their work in math and perfect their final drafts in English. I make them understand that if you have the brains, and follow your heart, and if someone ever tries to judge you by what you make, must pay no attention because they just didnt learn. Susan paused and then continued. You want to know what I make? I MAKE U I MAKE A DIFFERENCE Here we now present a small video to reach out r hearts to one n all†¦ 6) Ratna: (Leela Rani Mam speech) I often wonder about teachers who educated famous people such as Einstein, Abraham Lincoln, and the like. Were these teachers specially qualified to inspire their students to achieve fame and success? Or were these teachers just plain lucky to have exceptionally talented students? Do some teachers have the rare quality of turning dust into gold? The answer may not be easy to find†¦ I would now request r respected Leela Rani Mam to please come forward and share few words of advice with us 7) Snehal (Shruti) As we move towards the end of today’s function, and before we proceed to d cake-cutting and snacks session, I would request Shruti to come forward are convey d vote of thanks on behalf of the MBA batch of 2012-14. 8) cake-cutting Snehal: I would take the pleasure of inviting all the faculty members to come forward for the cake cutting†¦ 9) Snacks (Ratna). Someone once said, Teachers dont impact for a year, but for a lifetime. A teacher can make a lasting impression on your mind. This influence persists beyond school, college and university, and becomes the beacon of light, guiding us through the journey of life. Good teachers play the role of a parent, providing encouragement, inspiration, and invaluable guidance†¦. We now bid a good-bye to this memorable evening and hope to create many such during r stay at BITS. We once again thank you all for being a part of this event and thereby appreciating r efforts†¦ Thank You†¦

Surveillance of US Citizens

Surveillance of US Citizens Will the technology that one day has been used to track enemies of the state and to haunt terrorists be used in domestic surveillance of the U.S citizens on U.S soils. Is it possible that we may see thousands of these drones roaming freely in the skies of the U.S . Actually, According to the federal Aviation Administration (FAA)’s expectations the U.S airspace is going to have over 30,000 drones moving freely in less than 20 years. The Usage of drones in domestic surveillance fuels the steaming debate taking place nowadays between advocates of full civil liberties and the proponents of stricter measures to track unlawful acts and especially the ones related to National security threats and terrorism. It also adds more to the controversy of whether the usage of these drones in domestic surveillance is considered a search that needs a warrant according to the U.S constitution’s 4th amendment or not. Due to the dynamism of science, everyday there is something new concernin g this technology. Surveillance drones have several types. They differ in the degree of sophistication and precision. Drones with the ability to see through walls may be available in the very near future. These developments just add more to the concerns over civil liberties and stimulate a legislative interference to end the controversy or at least try to. â€Å"The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated†. These are the mere words of the constitution in its 4th amendment which forms the basic right of privacy for the U.S American people. In the light of this text, and the many Supreme Court rulings which were accordingly uttered, legislators should find their paths to a legislation which regulates the usage of drones on U.S soil and at the same time be compatible with the U.S constitution. In order to do that they should tackle more than one issue. First, Location of surveillance whether it’s in homes, backyards or public places or even the national borders of the country. Second, the sophistication of the technology used and its lawfulness and finally, the duration of surveillance. Starting with the location, according to the mentioned words from the constitution above and the Supreme court ruling in (Katz v. United States)[1],there is a direct relation between the location of surveillance and the assumption of privacy by the targeted person. In (Katz vs. United States) the court loudly set the perception that as long as the targeted person is not expecting to be publically seen or witnessed and as long as he/she took the considerations not to be seen then any surveillance or search performed without a warrant is considered unlawful. Thus In homes, privacy is expected by public and cannot be invaded unless there is a warrant. Regarding the curtilage of a private property, it is also considered a part of the property secured from unwarranted surveillance. Yet this does not negate the fact that curtilage can be seen and monitored by the naked eye and from several vantage points. As long as the action of monitoring does not involve sophisticated equipment and through a vantage point it is allowed without a warrant. In two main precedents of the Supreme Court (In California v. Ciraolo and In Florida v. Riley) the police officers received tips that both individuals were growing marijuana in their backyard. The officers flew an aero-plane few feets above their backyards where they saw with their naked eyes the action of growing unlawful substances. In both cases, this action was not considered a search that needs a warrant since officers saw the action and the convicted never tried to prevent the action of seeing and they did not assume privacy since the place was already exposed. By applying these two incident s on the usage of drones for surveillance it may be assumed that it would be reasonable enough to consider using them instead of launching planes to monitor an action. As a matter of fact, this assumption may be a bit far from truth simply since there is another factor which was not taken into consideration. This factor is the degree of expectancy by the suspect to be monitored. Due to the rarity of drones in the U.S skies nowadays (around 300 licenses), being watched by a drone would never be deemed by the public as an expected thing in the contrary to planes which normally travel over houses. This would raise questions around the legitimacy of the usage of drones in the first place. Finally, when it comes to the borders of the U.S, one of the main missions of the U.S government is to defend the U.S soil against any kind of attack or illegal entry of aliens or substances. The Supreme Court has been quite conservative when dealing with the issue of borders’ security. They consider it as a holy duty of the U.S law enforcement and army and they try as much as they can not to interfere. The usage of drones to monitor the borders would be of less controversy due to the deep need of all kinds of security measures to prevent the unlawful violations that take place almost daily on the borders nowadays. Regarding the technological breakthroughs each and every moment in the world of drones, a regulation that determines the level of sophistication accepted to be used is severely needed. These drones now have the ability to wander in the air for very long times and it is expected in the near future to theoretically have the ability to stay in air forever. The drones may be equipped with face recognition devices or even laser radars which may allow seeing through walls. On one side this may be good news for law enforcement institutions that things is going to be way easier in capturing the bad guys and would help in diminishing of the budgetary expenses. On the other hand it really raises a factual concern over the constitutionality of anticipating such technological developments or at least shows the need of a strict regulation of usage or things may get messy. As a legislative solution I see that the usage of drones on U.S soil in domestic surveillance should be considered an action of search that needs a warrant under the 4th amendment and any action of surveillance without a warrant should be considered unlawful. A warrant should be initiated according to tangible evidence or plausible suspicions that an individual/group is doing an action that is considered according to the U.S laws unlawful. The court should assess the suspicion and accordingly determine the duration by which after it the warrant expires with maximum of 30 days to be renewed according to new evidence or a probable cause. There may be some exceptions by which law enforcement may automatically respond by using drones without the need of warrants and these exceptions are as follows: The existence of an imminent danger that threaten the U.S borders and needs to be obstructed or monitored closely. By imminent danger illegal entry of aliens/ illegal substances / arms is mean t. Another exception would be in the case of emergencies like (natural disasters or fires etc†¦). Third exception would be a threat to the national security of the country assessed by the department of National security. The secretary of homeland security takes the decision of using the drones. In all exceptions stated above a warrant shall be initiated after 48 hours from the decision of using the drones. The legislative frame work above just offers a compromise between making use of such a fascinating technology and ensuring that civil liberties to the maximum extent possible are safe and sound. I would like to conclude with words of Justice Scalia (Associate Justice  of the  Supreme Court of the United States) which sums up the whole dilemma we’re living through here. He says and I quote† It would be foolish to contend that the degree of privacy secured to citizens by the fourth amendment has been entirely unaffected by the advance of technology †¦.. The question we confront today is what limits there are upon this power of technology to shrink the realm of guaranteed privacy. â€Å" [1] In Katz v. United States, decided in 1967, the Court held that an FBI agent’s use of a bug to listen to the private conversations of Mr. Katz while in a telephone booth violated his Fourth Amendment rights. Although he was in a public telephone booth and there was no physical invasion, the Court noted that what a person â€Å"seeks to preserve private, even in an area accessible to the public, may be constitutionally protected.

Political Repression of the Black Panther Party Essay -- essays resear

Charles E. Jones documents the overwhelming causes that brought an end to the Black Panther Party. He notes that the key reason which led to the demise of this black nationalists party as being political repression. If the reader is to thoroughly understand the message Jones is trying to convey, they must first understand what he means by repression. By repression Jones means government action which discriminates against a person and/or organization viewed as presenting a fundamental challenge to existing governmental policies. In this critique I plan to demonstrate how the misunderstood Black Panther party was systematically destroyed through the following covert techniques, Political repression, legal repression, and violent repression. Upon reading Jones' article the first form of repression the reader noticed is that of a political stance. Political repression is a three fold offense. One of the key attributes of political oppression is that it is subtle, sometimes even indictable. The federal government implemented techniques that were subtle, unnoticeable to the majority of ...

Dreams And Dreaming :: essays research papers

Dreams and Dreaming   Ã‚  Ã‚  Ã‚  Ã‚  “ To write something and leave it behing us,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   It is but a dream   Ã‚  Ã‚  Ã‚  Ã‚   When we awake we know   Ã‚  Ã‚  Ã‚  Ã‚   There is not even anyone to read it';  Ã‚  Ã‚  Ã‚  Ã‚  Zen Master Ikkyu   Ã‚  Ã‚  Ã‚  Ã‚  WE dream during a state of sleep called REM sleep. It is known that theta rythems sent from the hippocampus, which determine if something is of essential value to the brain, are presesnt during REM sleep. Which supports the idea that dreaming is connected to learning and that dreams are very important to the growing process.   Ã‚  Ã‚  Ã‚  Ã‚  Sleep is set in cycles, each containing four stages   Ã‚  Ã‚  Ã‚  Ã‚  STAGE 1: Light sleep begins- thata waves   Ã‚  Ã‚  Ã‚  Ã‚  STAGE 2: Light sleep continues- spindles and K complexes   Ã‚  Ã‚  Ã‚  Ã‚  STAGE 3: The onset of deep sleep- K complexes and delta   Ã‚  Ã‚  Ã‚  Ã‚  STAGE 4: Very deep sleep- delta waves   Ã‚  Ã‚  Ã‚  Ã‚  The first cycle is roughly 90 minutes. The brain decends through all four stages, and then acends back through them, but on the way up REM sleep is experienced at stage 1. This REM period lasts about 10 minutesAfter the first cycle the delta sleep may no occur at all. the brain will cycle through stage 1 and 2. As the night goes on the proportion of REM to NON- REM increase, so by the end of the night you may dream for as much as 1 of the last 2 hours of sleep. Though for some of us we still sleep deeply even to the wee hours of the morning. The “deep sleepers'; Thus light sleeper are more likely able to remember dreams.   Ã‚  Ã‚  Ã‚  Ã‚  The Menangkabau tribes of Indonesia believe that the real life force, the sumanghat, actually leaves the body in both dreams and serious illness. The shaman, or Dukun, must project his conciousnes into the realm of dreams in order to placate or harry the malicious malignant spirits who are hostile to the subject   Ã‚  Ã‚  Ã‚  Ã‚  Dreamtime of the Aboriginees is a primal state which embraces the creation of the world at the very dawn of our time. It is the realm of the mythical beings who fist breathed life onto the universe.. Their culture extends back over 40,000 years, the oldest spiritual culture of the world. The Shaman is known as the Karadji.

Party influence in Congress Essay

The decline of party strength and influence began in the 19th century, partly due to the growth of the federal government under FDR whose ‘New Deal’ establishment served to undermine traditional social functions once carried out by party machines, thus weakening party loyalty. In the 1960’s and 1970s new issues such as civil rights, feminism, environmentalism and consumer rights arose to challenge traditional voting habits. These issues did not divide neatly along party lines and more voters indulged in â€Å"ticket-splitting† (voting for different parties in different elections). Partly in response to these trends, the parties themselves began to question their own policies and challenge their leaders. In Congress, reforms democratized or ‘opened up’ selection procedures to broader participation. Senior members found themselves surrendering committee chairmanships to unknown newcomers. Whips found it harder to enforce party discipline and junior members increasingly pursued their own personal projects to gain media attention and impress their constituency voters. Congress members have much to gain, in publicity and in tangible rewards (grants for their constituencies) from unpredictable behavior. The effect upon presidential influence in Congress has been destructive. President Carter struggled to pass bills through a House and Senate controlled by his own party. President Reagan’s early successes were largely due to Democrat ‘Boll Weevil’ defections. President Clinton has likewise been unable to rely upon solid party support, particularly for his anti-crime legislation and Healthcare Reform bill. Congress has been split by the new individualism of its members. The rise of the primary in presidential selection was another method used to ‘open up’ the political system and weaken party influence. Primaries allow voters a direct say in the choice of the party’s standard bearer in the presidential election. However, they enable candidates to hijack the party nomination for president by assembling teams of consultants, lawyers, financiers and media advisers, many of whom have no party affiliation and no loyalty or goal beyond the victory of their chosen leader. The victorious candidates sometimes lack any experience of government at the national  level. Modern presidents, facing a fragmented Congress, aggressive pressure groups and a skeptical media, cannot afford the luxury of limited experience. Unfortunately, the modern election system tends to favor those candidates who are effective campaigners rather than those who may be effective administrators. Given these difficulties, it is not surprising that recent Presidents have appeared to struggle. The cement of practical experience, party loyalty and common cause is too often thin or nonexistent at both ends.

Organizational Culture of Google Essay

Introduction Sergey Brin and Larry Page who were PhD Students at Stanford University met in 1996 and they came up with the idea of starting a search engine that they named BackRub. However on 14th September 1997, the two students renamed this search engine to Google and in the year 1998 this organization was launched officially. The term Google was derived from the word googol which refers to digit one (1) followed by hundredth (100) zeros. Studies show that, Google receives millions of users on daily basis and it is estimated that this organization is worth billions of US dollars. In addition to this, Google has proven to be among the leading organizations with diverse cultures and has been named as the best performing organization that ingrates Culture and Diversity in Decision Making process. Some of the Awards that have been given to Google include: Hispanic Bar Association of Orange County, Organizational Excellence Award, and Diversity in IT Award, UK IT Industry Award, and National Association of the Deaf Accessibility Award among many other Awards. Google’s Culture The bottom line of Google’s success across the globe stems from the culture that has been developed by the key stakeholders in the organization. It is indeed quite evident that, Google has grown considerably since 1998 when the company was officially launched and currently, its employees are more than 200, and come from all parts of the globe. I will examine Google’s culture of ethical standards and behavior as well as observable organizational policies in the Company. Although Googlers share common goals and visions for the company, Google hail from all walks of life and speak dozens of languages, reflecting the global audience that Google serve. And when not at work, Googlers pursue interests ranging from cycling to beekeeping, from frisbee to foxtrot. The culture of ethical standards and behavior in Google Typically, employees of Google Company are smart people and coming from various parts of the globe, they speak different languages and their cultures vary. As a matter of fact, these employees are expected to serve all customers without any favor or discrimination, thus â€Å"Don’t be evil† is key to Google’s stakeholders, members of staff and all employees working for Google Company. This statement is very vital to Google Company and it is expected that, everyone working in the Company as well as other members of staff should respect one another and above all honor those laws and guiding principles that have been established in the organization especially when it comes to the entire process of decision making (Weber, 2008). In addition to that, clients’ information is vital in the Company and the company expects every employee and other members of staff to ensure that customers’ information and data is given adequate protection from unauthorized access. The company expects that, all its employees maintain high levels of integrity at all time and any employee or staff member who is found to have jeopardized his work by exposing clients information and data to unauthorized access is held liable for all the damages caused will be forced to pay for the ultimate price of his negligence of duty (Schermerhorn, 2012). If there was ever a decline in the web searching service, Google will have to adapt to the new demand. This is why it important for them to strive to hire the smartest and the brightest within the field. Google has the employees to adapt to a decline in the web searching service, the employees that they currently have and will be able to hire will be able to adapt to any other business that Google wants to become during this decline.(Bulygo, 2013) Furthermore, protection of Google’s assets is very important to all employees and staff members of this company. It is quite evident that, Google is rich in intellectual data, communication facilities, employee data, clients’ information, and Company equipment among other assets from in all parts of the globe (Flamholtz & Randle, 2011). The company expects all employees, and other people who access these assets to protect them from any  access by other people with ill motives. This goes hand in hand with the working environment of Google Company and studies shows that, Google ensures that all employees work in a violence free environment and this has enabled employees of Google Company to be very productive at all time. This goes hand in hand with the issue of drug and substance abuse and in this respect; the company does not allow her employees, staff members to use or to promote drug and substance abuse. How I determined that Google has shown the culture of ethical standards and behavior Google Company has adopted the culture of ethical standards and behavior. To Frost, this culture is entrepreneurial, dynamic, and innovative and above all it makes employees to be creative in their places of work (Frost, 2009). It is quite evident that, employees and managers of Google Company embrace risk-taking and innovation, thus they work hard in order to ensure that Google Company is on the leading edge as compared to other organizations or companies from all over the world. Indeed, employees and members of staff of Google Company are unified by their commitment towards implementing what they have or what they know. In addition to that, Google Company aims at leading other companies or organizations in the industry, thus to achieve this, it encourages freedom and individual initiative among her employees and staff members. Factors that caused Google to embody the culture of ethical standards and When Google was officially launched in 1998 as a search engine many people took advantage of various types of information that were being sold by the company. As the company grew and spread all over the world cases of misuse of the available data and information were reported from various parts of the globe. This threatened Google’s performance in the industry and the company came up with various codes of ethics and standards that were meant to guide staff members and users of Google’s information. Secondly, Google being the leading and the best performing organization all over the world needed come up with the culture of ethical standards and behavior. The main reason behind this is that for any organization or company to be successful then all its employees and members of staff should be guided by well established ethics (Schein, 2010). Type of leader that suits Google Company In my opinion, I believe that the ideal leader for this company is the one who has the ability to cultivate Google’s presence continuously. In addition to this, the leader should be customized to the type of business in order for him to deliver the impeccable customer service demanded customers and also to ensure that the company produces amazing results. This individual should lead by example and lead all employees towards the attainment of the company`s mission and vision. He should be approachable, open minded and very knowledgeable. Conclusion In an event of a decline in the demand of goods and services of Google Company, it will be a prudent for the company to adjust its culture to match the trend. In my view, I believe Google Company has been adjusting its culture in a number of ways in to make the most of prevailing conditions. It is quite evident that all employees and stakeholders of Google Company are committed to service delivery and one of the adjustments to be made by the Company is to create fun times between employees and clients. This will allow employees of the company to share their amazing experiences and services with their clients and this will increase the demand of goods and services of the company by these clients or customers. References Flamholtz, E., & Randle, Y. (2011). Corporate Culture: The Ultimate Strategic Asset. Palo Alto: Stanford University Press. Frost, P. J. (2009). Organizational culture. Beverly Hills u.a: Sage Publ Schein, E. H. (2010). Organizational culture and leadership. San Francisco: Jossey-Bass Schermerhorn, J. R. (2012). Organizational behavior (12th ed.). Danvers, MA: John Wiley & Sons, Inc. ` Weber, S. (2008). Organizational behavior – Google corporate culture in perspective. München: GRIN Verlag GmbH. Bulygo, Z(2013, Feb 11) Insidw google’ culture of success and employee happiness.[Web Log Post]. Rettirved from http://blog.kissmetrics. com/google-culture-of-success/